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CORRECTING and REPLACING High Tide Ranks 21st Out of 430 In Globe and Mail’s Annual Ranking of Canada’s Top Growing Companies With 1970% Revenue Growth Over Three Years

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Company Marks Second Consecutive Year On This Prestigious List

CALGARY, Alberta–(BUSINESS WIRE)–Headline of release should read: High Tide Ranks 21st Out of 430 In Globe and Mail’s Annual Ranking of Canada’s Top Growing Companies With 1970% Revenue Growth Over Three Years (instead of High Tide Ranks 21st Out of 448 In Globe and Mail’s Annual Ranking of Canada’s Top Growing Companies With 1970% Revenue Growth Over Three Years)

The updated release reads:

HIGH TIDE RANKS 21ST OUT OF 430 IN GLOBE AND MAIL’S ANNUAL RANKING OF CANADA’S TOP GROWING COMPANIES WITH 1970% REVENUE GROWTH OVER THREE YEARS

Company Marks Second Consecutive Year On This Prestigious List

High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that it has ranked 21st out of 430 companies on the 2022 Report on Business ranking of Canada’s Top Growing Companies.

Canada’s Top Growing Companies ranks Canadian companies based on their three-year revenue growth. High Tide earned its spot with a three-year growth rate of 1,970%.

This follows the Company’s 2021 ranking of 82nd out of 448 companies with a three-year growth rate of 733%.

“The Globe and Mail, Canada’s newspaper of record, has, for the second year in a row, recognized High Tide’s exponential growth, ranking us 21st out of 430 on its annual ranking of Canada’s Top Growing Companies due to our three-year revenue growth rate of 1,970%. Receiving this honour two years running is a testament to our ability to continue to execute our strategic growth plan despite ongoing market challenges,” said Raj Grover, President and Chief Executive Officer of High Tide. “Since opening our first bricks-and-mortar store in October 2018, High Tide has grown to over 1,300 employees, 140 retail stores today across Canada and a global portfolio of high-performing e-commerce assets. The months ahead hold exciting opportunities for High Tide, including further strategic expansion of our retail locations in Canada, the accelerated rollout of our proprietary Fastendr retail kiosks, the expansion of our white label product offerings in select provinces, and the launch of our Cabana Elite paid membership program, driving further revenue growth,” added Mr. Grover.

Canada’s Top Growing Companies is an editorial ranking that was launched in 2019. It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront. In order to qualify for this voluntary program; companies had to complete an in-depth application process and fulfill requirements. In total, 430 companies earned a spot on this year’s ranking.

The full list of 2022 winners along with editorial coverage is published in the October issue of the Report on Business magazine. The list is now available and online here.

“Canada’s Top Growing Companies recognizes the tremendous ambition and innovation of entrepreneurs in Canada,” says Dawn Calleja, Editor of Report on Business magazine. “The next generation of Canadian businesses can draw inspiration from this ranking.”

“In an uncertain world, the success stories of the companies marked in this year’s Report on Business magazine’s list of Top Growing Companies are a beacon of optimism,” says Phillip Crawley, Publisher and Chief Executive Officer of The Globe and Mail. “The Globe and Mail congratulates them on their achievements.”

https://youtu.be/taDQn677OWY

ABOUT THE GLOBE AND MAIL

The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.3 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

ABOUT HIGH TIDE

High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 140 current locations spanning Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The Company is also North America’s first cannabis discount club retailer, under the Canna Cabana banner, which is the single-largest cannabis retail brand in Canada with additional locations under development across the country. High Tide’s portfolio also includes retail kiosks and smart locker technology – Fastendr™. High Tide has been serving consumers for over a decade through its established e-commerce platforms including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com and more recently in the hemp-derived CBD space through Nuleafnaturals.com, FABCBD.com, BlessedCBD.co.uk, BlessedCBD.de, and Amazon United Kingdom, as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide has been featured in the annual Report on Business Magazine’s ranking of Canada’s Top Growing Companies in 2021 and 2022 and was named as one of the top 10 performing diversified industries stocks in the 2022 TSX Venture 50™. High Tide’s strategy as a parent company is to extend and strengthen its integrated value chain while providing a complete customer experience and maximizing shareholder value.

For more information about High Tide, please visit www.hightideinc.com and its profile pages on SEDAR at www.sedar.com and EDGAR at www.sec.gov.

Neither the TSX Venture Exchange (the “TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events.

The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the Company’s business; the Company’s future growth prospects and intentions to pursue one or more viable business opportunities; the development of the Company’s business and future activities following the date hereof; expectations relating to market size and anticipated growth in the jurisdictions within which the Company may from time to time operate or contemplate future operations; expectations with respect to economic, business, regulatory and/or competitive factors related to the Company or the cannabis industry generally; the market for the Company’s current and proposed product offerings, as well as the Company’s ability to capture market share; the Company’s strategic investments and capital expenditures, and related benefits; the distribution methods expected to be used by the Company to deliver its product offerings; the competitive landscape within which the Company operates and the Company’s market share or reach; the performance of the Company’s business and the operations and activities of the Company; the Company adding the number of additional cannabis retail store locations the Company proposes to add to the Company’s business, and the Company remaining on a positive growth trajectory; same-store sales continuing to increase in the fourth quarter of 2022 and beyond; the Company deploying Fastendr™ technology across the Company’s retail stores upon the timelines disclosed herein; the Company continuing to increase its revenue through the remainder of the year; the Company completing the development of its cannabis retail stores; the Company’s ability to generate cash flow from operations and from financing activities; the Company’s ability to obtain, maintain, and renew or extend, applicable authorizations, including the timing and impact of the receipt thereof; the realization of cost savings, synergies or benefits from the Company’s recent acquisitions, and the Company’s ability to successfully integrate the operations of any business acquired within the Company’s business; Cabana Club loyalty program membership continuing to increase; the Company hitting its forecasted revenue and sales projections for the fourth quarter of 2022 and beyond; the Company’s expectations from its Cabana Cannabis Co. white label products; the Company launching Cabana Cannabis Co. white label products in its proposed jurisdictions; the Company launching the Cabana elite program on the terms and timelines outlined herein; the anticipated effects of the Cabana elite

program on the business and operations of the Company; and the Company continuing to grow its online retail portfolio through further strategic and accretive acquisitions.

Forward-looking information in this press release are based on certain assumptions and expected future events, namely: current and future members of management will abide by the Company’s business objectives and strategies from time to time established by the Company; the Company will have sufficient working capital and the ability to obtain the financing required in order to develop and continue its business and operations; the Company will continue to attract, develop, motivate and retain highly qualified and skilled consultants and/or employees, as the case may be; no adverse changes will be made to the regulatory framework governing cannabis, taxes and all other applicable matters in the jurisdictions in which the Company conducts business and any other jurisdiction in which the Company may conduct business in the future; the Company will be able to generate cash flow from operations, including, where applicable, the distribution and sale of cannabis and cannabis products; the Company will be able to execute on its business strategy as anticipated; the Company will be able to meet the requirements necessary to obtain and/or maintain authorizations required to conduct the business; general economic, financial, market, regulatory, and political conditions, will not negatively affect the Company or its business; the Company will be able to successfully compete in the cannabis industry; cannabis prices will not decline materially; the Company will be able to effectively manage anticipated and unanticipated costs; the Company will be able to maintain internal controls over financial reporting and disclosure, and procedures in order to ensure compliance with applicable laws; general market conditions will be favourable with respect to the Company’s future plans and goals; the Company will deploy Fastendr™ technology across the Company’s retail stores upon the timelines disclosed herein; the Company will launch Cabana Cannabis Co. white label products in the jurisdictions and on the timelines outlined herein and such products will achieved the results disclosed herein; same-store sales will continue to increase in the fourth quarter of 2022 and beyond; the Company will make meaningful increases to its revenue profile; the Company will continue to increase its revenue through the fourth fiscal quarter of 2022, and the remainder of the year; the Company will remain on a positive growth trajectory; the Company will complete the development of its cannabis retail stores; the Cabana Elite program will have the anticipated effect on the business and operations of the Company; and the Company will continue to grow its online retail portfolio through further strategic and accretive acquisitions.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company’s inability to attract and retain qualified members of management to grow the Company’s business and its operations;

unanticipated changes in economic and market conditions or in applicable laws; the impact of the publications of inaccurate or unfavourable research by securities analysts or other third parties; interruptions or shortages in the supply of cannabis from time to time available to support the Company’s operations from time to time; unanticipated changes in the cannabis industry in the jurisdictions within which the Company may from time to time conduct its business and operations, including the Company’s inability to respond or adapt to such changes; the Company’s inability to secure or maintain favourable lease arrangements or the required authorizations necessary to conduct the business and operations and meet its targets; the Company’s inability to secure desirable retail cannabis store locations on favourable terms; risks relating to projections of the Company’s operations; the Company’s inability to effectively manage unanticipated costs and expenses, including costs and expenses associated with product recalls and judicial or administrative proceedings against the Company; risk that the Company will not hit its forecasted revenue and sales projections for the fourth quarter of 2022, and beyond; risk that Cabana Club loyalty program membership will decrease and/or plateau; risk that the Company will be unable to deploy Fastendr™ technology across the Company’s retail stores or on the timelines disclosed herein; risk that the Company will be unable to launch Cabana Cannabis Co. white label products in the jurisdictions and on the timelines outlined herein and/or that such products will be unable to achieve the results disclosed herein; risk that same-store sales will not increase, but decease and/or plateau; risk that the Company will be unable to increase its revenue profile; risk that the Company will be unable to increase its revenue through the fourth fiscal quarter of 2022, and the remainder of the year, but that it will decease and/or plateau; risk that the Company will be unable to grow its online retail portfolio through further strategic and accretive acquisitions; risk that the Company will be unable to add additional cannabis retail store locations to the Company’s business and remain on a positive growth trajectory; risks that the Company will be unable to complete the development of any or all of its cannabis retail stores; risk that the Company will be unable to secure the proposed credit facilities, unable to utilize the proposed credit facilities on the terms and within the timelines anticipated and/or the proposed credit facilities will not have the anticipated effect on the business and operations of the Company; risk that the Company will be unable to launch the Cabana elite program on the terms and timelines outlined herein or at all; risk that the Cabana elite program will not have the anticipated effect on the business and operations of the Company.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

Contacts

Media Inquiries
Omar Khan
Senior Vice President – Corporate and Public Affairs
High Tide Inc.
omar@hightideinc.com

Investor Inquiries
Vahan Ajamian
Capital Markets Advisor
High Tide Inc.
vahan@hightideinc.com

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Meet Jim Belushi at Jade Cannabis Co. in Midtown Reno

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Celebrity Celebrates New Partnership with Nevada Dispensary at Free Meet-and-Greet Event

RENO, Nev.–(BUSINESS WIRE)–Jade Cannabis Co. will celebrate its new partnership with Belushi’s Farm by hosting a celebrity meet-and-greet with farmer, actor, comedian and musician Jim Belushi on Sunday, October 2, 2022 from 11:00 AM to 2:00 PM at 1085 S. Virginia Street, Suite A in Midtown Reno. Adults 21 years of age and older are invited to visit the dispensary to meet with Belushi, who will be signing posters and taking photos with fans while showcasing his newest cannabis products.

“We’re thrilled to provide our customers with top-quality flower from Belushi’s Farm,” said Keri Vidovcich, Dispensary Manager at Jade Cannabis Co. “We’re the first dispensary in Nevada to carry Belushi’s Farm products and are excited to offer Dolato and Runtz flower and pre-rolls.”

Jim Belushi is best known for playing the role of Jim on the sitcom According to Jim (2001-2009), as well as his other television roles including Saturday Night Live (1983-1985), Total Security (1997) and Twin Peaks (2017). In August 2020, his reality show Growing Belushi debuted its first season on the Discovery Channel, following Jim, his family and their dedicated team at Belushi’s Farm as they make their mark in the industry and spread the benefits of legalized marijuana.

“Every time I cultivate the land, I get pulled into the medicine and the joy of this work,” said Belushi. “I’m pleased to announce Belushi’s Farm debut in Nevada through our partnership with Jade Cannabis Co.”

The event is free and open to adults 21 years of age and older. Parking is available on-site and Jade Cannabis Co. will be sponsoring rides to the event though Pineapple Pedicabs. Come down and enjoy a live painting exhibition, art car entertainment, food truck and a chance to win raffle prize packages!

About Jade Cannabis Co.

Jade Cannabis Co. is a licensed and state compliant cannabis retailer proudly servicing northern and southern Nevada with two dispensaries in Las Vegas and a location in Midtown Reno. Their friendly and knowledgeable staff are here to help guide guests through the extensive menu to find the right solutions for each customer’s personal needs. No matter the occasion or experience level, Jade has something for everyone. Keep out of reach of children. For use only by adults age 21 and older. License # RD106 / D106.

For more information on Jade Cannabis Co., visit www.reno.jadecannabisco.com
For more information on Belushi’s Farm, visit www.belushisfarm.com
For more information on Pineapple Pedicabs, visit www.pineapplepedicabs.com

Contacts

Tara Dine

248-472-1311

tdine@jadecannabisco.com

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Corporate Social Responsibility Related News Releases and Story Ideas for Reporters, Bloggers and Media Outlets

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NEW YORK–(BUSINESS WIRE)–#CSR–Following are the latest Corporate Social Responsibility news releases and story ideas available from Business Wire. These recaps, curated by Business Wire, provide reporters and bloggers around the globe instant access to the latest news releases, providing relevant and trending content to share with their audiences. Discover more news via Business Wire’s Hot Topic recaps or create a custom news feed specific to your needs here. This service is provided at no charge to members of the media and financial communities.


DALLAS, Texas — Colossal Biosciences Spins Out Form Bio to Revolutionize Computational Life Sciences Issuer: Colossal Biosciences

EVANSVILLE, Ind. — Berry Global and Mars, Incorporated Announce the Launch of Recycled Content Packaging Issuer: Berry Global Group, Inc.

OAKLAND, Calif. — e.l.f. Beauty Releases First-Ever Impact Report Issuer: e.l.f. Beauty

ZURICH — RepRisk & K2 Integrity Announce Partnership to Help Investment Managers Combat Greenwashing Issuer: RepRisk

HOUSTON — Westlake Releases 2021 ESG Report with GRI/SASB Data Appendix Issuer: Westlake Corporation

NORTH MIAMI BEACH, Fla. — N-iX Issues 2021-2022 Sustainability Report Issuer: N-iX

MENLO PARK, Calif. — Cyngn Announces Signed Contract with Global Building Materials Manufacturer, Expanding DriveMod to Electric Forklifts Issuer: Cyngn Inc.

BELLEVUE, Wash. — T-Mobile Grants Another $1 Million to Champion Small Towns Issuer: T-Mobile US Inc.

MENLO PARK, Calif. — Novoloop Partners with On to Introduce World’s First Chemically Upcycled TPU Outsole in Cloudprime Issuer: Novoloop

DEERFIELD, Ill. — The Baxter International Foundation Announces $3 Million in New Grants to Organizations Working to Advance Racial Justice Issuer: Baxter International Inc.

NORTH CHARLESTON, S.C. — Ingevity awarded gold rating for corporate social responsibility by EcoVadis, places in the top 3% in its industry Issuer: Ingevity Corporation

SOCIAL CIRCLE, Ga. — Saint-Gobain Installs Smart Water Meters and Upgrades Equipment at its Social Circle, Georgia Siding Plant, Saving More than 2 Million Gallons of Water per Year Issuer: Saint-Gobain

SAN JOSE, Calif. — Taylor Farms Taps Bloom Energy, Ameresco and Concept Clean Energy to Take California Fresh Vegetable Production Facility Off the Grid Issuer: Bloom Energy

MONTERREY, Mexico — CEMEX Showcases Sustainability Progress and Commitments at UN General Assembly Issuer: CEMEX, S.A.B. de C.V.

OVERLAND PARK, Kan. — Black & Veatch Report: Renewable Energy Integration, Aging Infrastructure the Top Issues in a Transforming Electric Sector Embracing a Decarbonizing World Issuer: Black & Veatch

LOS ANGELES — responsAbility Investments and Avenue Capital Group Invest in Founder-Led Agrovision as It Continues Its Rapid Global Expansion Issuer: Agro Vision Corp.

TORONTO — STEER EV Subscription Service Expands to Florida Issuer: STEER EV

SANTA CLARA, Calif. — Oklo Submits Licensing Project Plan to Prepare for Efficient and Effective License Application Reviews Issuer: Oklo Inc.

BRUSSELS — PFPI: Tide Turning on Use of Wood-Burning for Renewable Energy in Europe Issuer: Partnership for Policy Integrity

DALLAS — Flowserve Showcases How Its Innovations in Flood Control Are Protecting the World in New Online Film Series, Beneath the Surface Issuer: Flowserve Corporation

WASHINGTON — The Cleanie Awards® Expands 2022 Program Issuer: The Cleanie Awards

NEW YORK CITY — Clarity AI: Whitewashing the Green Out of Brands Working Towards Transparency in Sustainability Won’t Save the Planet Issuer: Clarity AI

PITTSBURGH — PPG’s New Paint for a New Start transforms 36 schools worldwide with colorful makeovers Issuer: PPG

SWORDS, Ireland — Thermo King® by Trane Technologies Unveils Cutting Edge Cold Chain Decarbonization Solutions for Truck, Trailer & Bus at IAA Transportation 2022 Issuer: Trane Technologies

CINCINNATI — ProAmpac Launches Inaugural ESG Report Issuer: ProAmpac

PITTSBURGH — AEO Inc. Releases Inaugural “Building a Better World” ESG Report Prepared in Alignment with the Sustainability Accounting Standards Board (SASB) Issuer: American Eagle Outfitters, Inc.

NEW YORK — Colgate-Palmolive’s Net Zero Targets Approved by The Science Based Targets initiative Issuer: Colgate-Palmolive Company

WASHINGTON — FiscalNote ESG Solutions’ Equilibrium Wins Global Award for “Best SaaS Product for CSR/Sustainability” Issuer: FiscalNote

DAVIDSON, N.C. — Ingersoll Rand Schedules Annual Sustainability Investor Call Issuer: Ingersoll Rand Inc.

CINCINNATI — Cintas Presents $50,000 in Awards to Local Cincinnati Charities Issuer: Cintas Corporation

OSAKA, Japan — Takeda Selects New Partners for Global Corporate Social Responsibility (CSR) Program to Strengthen Health Systems in Low- and Middle-Income Countries Issuer: Takeda Pharmaceutical Company Limited

WATERTOWN, Mass. — athenahealth Kicks Off 2022 ‘September is for Service’ Program, Sponsored by athenaGives Issuer: athenahealth, Inc.

TORONTO — GrowerIQ Raises $3M CAD Seed Round to Revolutionize Cannabis Management Around the Globe Issuer: GrowerIQ

SILVER SPRING, Md. & RESEARCH TRIANGLE PARK, N.C. — United Therapeutics Releases Its Annual Corporate Responsibility Report and Inaugural Public Benefit Report Issuer: United Therapeutics Corporation

PARIS — Teleperformance Joins the CAC 40 ESG Index Issuer: Teleperformance

LA TRINITÉ-SUR-MER, France — Trinité-Sur-Mer Celebrates the Launch of the Class40 IBSA Issuer: IBSA

TOKYO — Announcement for “Innovation for Cool Earth Forum 9th Annual Meeting (ICEF2022)” Issuer: The ICEF2022 Secretariat

PARIS — Teleperformance Certifies Record 64 Countries as Great Place to Work® Locations Issuer: Teleperformance

PITTSBURGH — Alcoa’s Poços de Caldas location in Brazil Earns Certification from Aluminium Stewardship Initiative (ASI) Issuer: Alcoa

JERICHO, N.Y. — Great Place to Work® Names Kimco Realty® One of the 2022 Best Workplaces in Real Estate™ Issuer: Kimco Realty Corporation

NEW YORK — H.I.G. Capital Hires Kim Leinwand Erle to Lead ESG Initiatives Issuer: H.I.G. Capital, LLC

DALLAS — CyrusOne Awarded for Global Sustainability at Business Intelligence Group’s 2022 Sustainability Awards Program Issuer: CyrusOne

DALLAS — Ryan Named to PEOPLE Companies that Care® List for Second Consecutive Year Issuer: Ryan

NEW YORK — Pfizer Invites Public to View and Listen to a Webcast of Pfizer Discussion on Climate Action Issuer: Pfizer Inc.

TEL AVIV, Israel — ICL Launches Groundbreaking Biodegradable Coated Fertilizer Technology Issuer: ICL Group LTD

AARHUS, Denmark — Paul van Lennep appointed Head of ESG & Sustainability at Stibo Systems Issuer: Stibo Systems

CHARLOTTE, N.C. — ESFM Launches Team to Expand Self-Performed Sustainability and Energy Solutions Issuer: ESFM

ATLANTA — Lendmark Financial Commits to Raising $10M in 10 Years for Childhood Cancer Research Issuer: Lendmark Financial Services

AMSTERDAM — Telink Introduces Energy Harvesting Multi-protocol Wireless Connectivity Module, Powered by Nowi, to Enable Batteryless Solutions Issuer: Nowi

LONDON — Conference of the People, Powered by PUMA Puts Gen Z Voices Front and Centre Issuer: PUMA

CHATTANOOGA, Tenn. — IMPACT Parks Launches Nationwide Issuer: IMPACT Parks

DUBLIN — Horizon Therapeutics plc Named One of PEOPLE’s 100 Companies That Care® Issuer: Horizon Therapeutics plc

WATSONVILLE, Calif. — Granite Joins Asphalt Pavement Net Zero Initiative “The Road Forward” Issuer: Granite

DEERFIELD, Ill. — Walgreens Boots Alliance Names Alethia Jackson Senior Vice President, ESG and Chief DEI Officer Issuer: Walgreens Boots Alliance

ENGLEWOOD CLIFFS, N.J. — Meeting the Need: Unilever Supports America’s Food Banks at a Time of Surging Demand Issuer: Unilever

NEW YORK — pulsESGTM Announces Pilot Program with Clayton, Dubilier & Rice to Advance ESG Reporting and Measurement Issuer: pulsESG, Inc.

AUSTIN, Texas — SoftServe Releases 2021 Sustainability Report Issuer: SoftServe

PROVIDENCE, R.I. — UNFI Foundation Announces More Than $1 Million in Grant Funding to Further Its Mission to Inspire Better Food Systems and Promote Food Equity in Communities Nationwide Issuer: United Natural Foods, Inc.

DALLAS — Mary Kay Announces Outcomes of SDG Pilot Village Project in China (2017-2021) With Release of Impact Report and Video Issuer: Mary Kay Inc.

DEERFIELD, Ill. — Baxter Broadens Efforts to Increase Awareness, Education and Support of Kidney Health in Black Communities Issuer: Baxter International Inc.

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Rapid Dose Therapeutics to Participate in the Venture Mentoring Services Program in Partnership with Maryland Tech Council and Canada’s Trade Commissioner Service

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BURLINGTON, Ontario–(BUSINESS WIRE)–Rapid Dose Therapeutics Corp. (“RDT” or the “Company”) (CSE: DOSE), a Canadian biotechnology company revolutionizing drug delivery through innovation, is one of five Canadian companies accepted into this year’s Venture Mentoring Services program offered by the Maryland Tech Council (MTC) in partnership with the Canadian Trade Commissioner Service in Washington, DC.

The MTC’s Venture Mentoring Services program is a comprehensive, team mentor approach with an ultimate goal to help a company grow faster by providing advice and fostering introductions with federal laboratories, academic and research institutions, biopharmaceutical companies and investors in the BioHealth Capital Region (Washington DC, Maryland, Virginia).

“It is an honour to have been selected for this prestigious Mentoring Services program, which will offer us a unique opportunity to introduce our oral thin film technology to top-tier academic and government agencies in the United States by collaborating with our mentors,” said Mark Upsdell, CEO, Rapid Dose Therapeutics. “We are keen to explore the deep expertise our mentors have in helping companies grow and will use the next six months to work with them to strategically set ourselves up for continued success.”

The Company is keen to continue advancing their ambitious plans related to the broad-scale commercialization of the oral thin film technology. RDT is currently working on a number of key initiatives, including:

  • Global vaccination efforts – The flexibility of the oral thin film technology to deliver vaccines in a format that does not require sophisticated cold-chain storage or needles makes it a novel option to support global vaccination targets, a problem that has been identified as critical based on the experiences of the current COVID-19 pandemic.
  • Pharmaceutical applications – RDT’s oral thin film technology delivers a wide range of active pharmaceutical ingredients. As announced on April 26, 2022, RDT and Skycare Compounding Labs are currently developing medical and dental products for clinical patient applications.
  • Nutraceutical and vitamin uses – RDT’s QuickStrip brand of vitamin and nutraceutical supplements are distributed and sold through multiple Canadian retail chains.

Over the next six months, the Company will have the opportunity to work with, collaborate and learn from the following three mentors who have been trained to use the well-established Massachusetts Institute of Technology (MIT) Venture Mentoring Services curriculum:

  1. Jonathan Kay – Seasoned senior executive and trusted advisor to C-suite executives in the biotech, pharmaceuticals and medical devices sectors. Experienced mentor with significant experience advising and supporting strategy development, implementation and commercialization to companies with innovations that help solve clinical and economic unmet needs in healthcare.
  2. Steen Nissen – Results orientated leader in both start-up companies and global organizations and a proven track record of creating and managing strong and motivated teams. He has an in-depth understanding of building start-up companies, of technology development and commercialization, and business development. He has a truly global background with experience in North & South America, Europe, and China/Asia and he has worked extensively with business development in new and emerging markets.
  3. Seth Silber – Focuses on advancing clients in the pharmaceutical and healthcare markets, including support with patent settlements, M&A and anticompetitive conduct. He was previously with the Federal Trade Commission.

About Rapid Dose Therapeutics Corp.

Rapid Dose Therapeutics is a Canadian biotechnology company revolutionizing drug delivery through innovation. The Company’s flagship product QuickStrip™ is a thin, orally dissolvable film, that can be infused with an infinite list of active ingredients, including nutraceuticals, pharmaceuticals and vaccines, that are delivered quickly into the bloodstream, resulting in rapid onset of the active ingredient. For more information about the Company, visit www.rapid-dose.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:

Certain information in this news release may contain forward-looking information within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend”, “will”, “could”, “are planned to”, “are expected to” or the negative of these terms and similar expressions. Statements containing forward-looking information, including, without limitation, in respect of the delivery of equipment and products using the QuickStrip™ product delivery method, the generation of recurring revenues, the plans, estimates, forecasts, projections, expectations or beliefs of RDT management as to future events or results and are believed to be reasonable based on information currently available to RDT management. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; termination of WLM agreements; future legislative and regulatory developments involving cannabis; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the cannabis industry in Canada generally, income tax and regulatory matters; the ability to implement its business strategies; competition; currency and interest rate fluctuations and other risks. Readers are cautioned that the foregoing list is not exhaustive. There can be no assurance that statements of forward-looking information, although considered reasonable by RDT management at the time of preparation, will prove to be accurate as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Actual results and future events could differ materially from those anticipated in such forward-looking statements. Readers should not place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

Contacts

RDT Investor Contact:
Mark Upsdell, CEO

mupsdell@rapid-dose.com
416-477-1052

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