Monitor

HEXO Acknowledges Zenabis Group CCAA Filing

Retrieved on: 
Friday, June 17, 2022

GATINEAU, Quebec, June 17, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) acknowledged today that its wholly-owned subsidiary, Zenabis Global Inc. (“Zenabis”), as well as Zenabis’ direct and indirect wholly-owned subsidiaries (collectively, the “Zenabis Group”), have filed a petition with the Superior Court of Québec for protection under the Companies’ Creditors Arrangement Act (“CCAA”) in order to restructure their business and financial affairs. HEXO understands that Ernst & Young Inc. has been appointed as the Monitor to oversee the CCAA proceedings.

Key Points: 
  • GATINEAU, Quebec, June 17, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (HEXO or the Company) acknowledged today that its wholly-owned subsidiary, Zenabis Global Inc. (Zenabis), as well as Zenabis direct and indirect wholly-owned subsidiaries (collectively, the Zenabis Group), have filed a petition with the Superior CourtofQubec for protection under the Companies Creditors Arrangement Act (CCAA) in order to restructure their business and financial affairs.
  • HEXO understands that Ernst & Young Inc. has been appointed as the Monitor to oversee the CCAA proceedings.
  • The CCAA petition is limited to the Zenabis Group and neither HEXO Corp. nor any of its subsidiaries, other than the members of the Zenabis Group, are petitioners or parties to the CCAA Proceedings.
  • The Company also serves the Colorado market through its Powered by HEXO strategy and Truss CBD USA, a joint venture with Molson-Coors.

Wyoming Board of Pharmacy Leverages Bamboo Health’s Solution to Deliver Its Prescription Drug Monitoring Program

Retrieved on: 
Wednesday, May 18, 2022

Bamboo Health , formerly Appriss Health and PatientPing, a healthcare technology solutions company focused on fostering care collaboration and providing information and actionable insights across the entire continuum of care, today announced its partnership with the Wyoming Board of Pharmacy to deliver a solution for its Prescription Drug Monitoring Program (PDMP) effective June 29.

Key Points: 
  • Bamboo Health , formerly Appriss Health and PatientPing, a healthcare technology solutions company focused on fostering care collaboration and providing information and actionable insights across the entire continuum of care, today announced its partnership with the Wyoming Board of Pharmacy to deliver a solution for its Prescription Drug Monitoring Program (PDMP) effective June 29.
  • Through its contract with Wyoming Board of Pharmacy, providers and dispensers across the state of Wyoming will now have access to PDMP data through Bamboo Healths PMP AWARxE solution, allowing visibility into their patients controlled substance use.
  • As the states board of pharmacy, were excited to transition to Bamboo Healths PDMP solution this summer.
  • Health systems, payers, providers, pharmacies, governments, individuals, and other organizations rely on Bamboo Health to improve care and reduce cost.

Minerva Project Enhances Executive Team to Support Rapid Growth in its Unique Partnering Model

Retrieved on: 
Tuesday, May 10, 2022

SAN FRANCISCO, May 10, 2022 /PRNewswire/ -- Minerva Project , the pathbreaking education innovator, completes its senior team by making two new executive hires.

Key Points: 
  • SAN FRANCISCO, May 10, 2022 /PRNewswire/ -- Minerva Project , the pathbreaking education innovator, completes its senior team by making two new executive hires.
  • "We are experiencing rapid growth in our unique partnership model, and having the strong leadership and experience that Geoff and Betsy bring is crucial for our next phase of development.
  • "Minerva Project has successfully partnered with institutions around the world to disrupt the traditional model of higher education, through the creation of a unique platform, pedagogy and curriculum.
  • Minerva Project was founded in 2011 and launched Minerva University (formerly Minerva Schools at KGI) in 2013.

US Pension Risk Transfer Market Begins 2022 in Record Fashion

Retrieved on: 
Thursday, May 5, 2022

Legal & General Retirement America (LGRA), a leading provider of pension risk solutions in the US, today released its Q1 Pension Risk Transfer Monitor, providing an overview of industry trends for the first three months of 2022.

Key Points: 
  • Legal & General Retirement America (LGRA), a leading provider of pension risk solutions in the US, today released its Q1 Pension Risk Transfer Monitor, providing an overview of industry trends for the first three months of 2022.
  • Estimated at $5.5 billion, Q1 2022 is the largest first quarter to date and considerably higher than Q1 2021 ($3.8 billion) and Q1 2020 ($4.5 billion).
  • The PRT market is experiencing breakaway growth amid a turbulent economy, providing further evidence of the value and resilience of this risk management solution, said George Palms, LGRA President.
  • Legal & General Retirement America (LGRA) specializes in customized pension risk solutions for institutional clients in the US market.

DAVIDsTEA Reports Fourth Quarter and Full Year Fiscal 2021 Financial Results

Retrieved on: 
Friday, April 29, 2022

MONTREAL, April 29, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announces its fourth quarter and full year results for the period ended January 29, 2022.

Key Points: 
  • Sales decreased 0.8% to $39.9 million from $40.2 million in the fourth quarter of Fiscal 2020.
  • At the end of the fourth quarter of Fiscal 2021, the Company had cash amounting to $25.1 million.
  • Results from operating activities in Fiscal 2021 were $77.1 million as compared to a loss of $53.1 million in Fiscal 2020.
  • Fully diluted net earnings per common share was $2.83 in Fiscal 2021 compared to a loss of $2.14 in Fiscal 2020.

OATI DERMS and Smart Cities Featured at DISTRIBUTECH Booths #2803 & #1735

Retrieved on: 
Wednesday, April 20, 2022

MINNEAPOLIS, April 20, 2022 /PRNewswire-PRWeb/ -- Open Access Technology International, Inc., (OATI) is set to showcase its transformative and industry-proven DERMS and Smart Cities/IoT innovations at conference track discussions. In addition to providing conference speakers, moderators, and innovation-level sponsorship, OATI continues its robust commitment to energy commerce innovation and leadership in preparation for the DISTRIBUTECH International trade show, to be held in Dallas, TX, May 23-25, 2022.

Key Points: 
  • MINNEAPOLIS, April 20, 2022 /PRNewswire-PRWeb/ -- Open Access Technology International, Inc., (OATI) is set to showcase its transformative and industry-proven DERMS and Smart Cities/IoT innovations at conference track discussions.
  • "Our field-proven, transformative, and innovative DERMS, IoT, and EV-charging technologies show why OATI is the energy-industry's most trusted technology leader," adds Dr. Mokhtari.
  • "Examine our case studies, DERMS and microgrid demos, and discover why OATI is the vendor of choice."
  • OATI ( http://www.oati.com ) is the leading provider of Smart Grid, Distribution, Energy Trading and Risk Management, Transmission Scheduling, Congestion Management, and Market Management services and products.

Global Telehealth & Telemedicine Markets, 2022-2027 - Opportunities in Use of Blockchain, Ai and Analytics, & Virtual Assistants

Retrieved on: 
Tuesday, April 12, 2022

The global telehealth & telemedicine market is expected to grow at a CAGR of 26.6% during the forecast period, to reach USD 285.7 billion by 2027 from an estimated USD 87.8 billion in 2022.

Key Points: 
  • The global telehealth & telemedicine market is expected to grow at a CAGR of 26.6% during the forecast period, to reach USD 285.7 billion by 2027 from an estimated USD 87.8 billion in 2022.
  • However, regional variations in regulations, fraud, and the use of social media for care providers will restrict the market growth during the forecast period.
  • The large share of this segment is mainly due to the increasing adoption of telehealth and telemedicine across the globe.
  • Based on the mode of delivery, the global telehealth market is segmented into cloud-based and on-premise segments.

Global Telehealth & Telemedicine Markets, 2022-2027 by Component (Software & Services, Hardware), Delivery (On-Premise, Cloud-Based), Application (Teleradiology, Telestroke, TeleICU) - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 7, 2022

However, regional variations in regulations, fraud, and the use of social media for care providers will restrict the market growth during the forecast period.

Key Points: 
  • However, regional variations in regulations, fraud, and the use of social media for care providers will restrict the market growth during the forecast period.
  • Based on components, the telehealth market is segmented into software & services and hardware segment.
  • The large share of this segment is mainly due to the increasing adoption of telehealth and telemedicine across the globe.
  • Based on the mode of delivery, the global telehealth market is segmented into cloud-based and on-premise segments.

St. Louis County Missouri Leverages Bamboo Health’s Prescription Drug Monitoring Program for Safer Controlled Substance Prescriptions and Dispensations

Retrieved on: 
Wednesday, March 23, 2022

St. Louis County also more recently extended the partnership to include the availability of Bamboo Healths NarxCare solution in August 2021.

Key Points: 
  • St. Louis County also more recently extended the partnership to include the availability of Bamboo Healths NarxCare solution in August 2021.
  • This enhancement increases usability and improves care outcomes for Missouri providers and patients.
  • Additionally, each enhancement allows for multistate data sharing through PMP InterConnect, connecting St. Louis County with most U.S. states and territories who also share data through InterConnect.
  • Health systems, payers, providers, pharmacies, governments, individuals, and other organizations rely on Bamboo Health to improve care and reduce cost.

Global Visual Computing Market (2021 to 2026) - Featuring Advanced Micro Devices, BioDigital and CEVA Among Others

Retrieved on: 
Tuesday, March 8, 2022

On the other hand, high costs associated with hardware and high-power consumption by visual computing restrict the market's growth.

Key Points: 
  • On the other hand, high costs associated with hardware and high-power consumption by visual computing restrict the market's growth.
  • Moreover, a lack of awareness about the visual computing concept is challenging for the market.
  • The Global Visual Computing Market is segmented further based on Component Type, Types, Technologies Type, Display Platform Type, Industry Type, and Geography.
  • By Industry Type, the Visual Computing market is classified into Automotive, Defence & Intelligence, Media & Entertainment, Gaming, Healthcare, Manufacturing, and Others.