MSO

Nokia selected as rural broadband PON solution for Mediacom Communications

Retrieved on: 
Tuesday, September 5, 2023

Multi-gig PON expansion to rural, underserved communities made possible

Key Points: 
  • Multi-gig PON expansion to rural, underserved communities made possible
    Espoo, Finland – Nokia today announced that Mediacom, the 5th largest cable operator in the United States, is building PON networks to provide multi-gigabit broadband service to rural, underserved communities.
  • Mediacom, which offers broadband to 3.3 million homes and businesses in 22 states, will deploy Nokia’s chassis-based Optical Line Terminals (OLTs) and node-based OLTs.
  • J.R. Walden, Senior Vice President Technology and CTO at Mediacom said: “Nokia is supplying Mediacom systems that deliver up to 25G PON today.
  • Mediacom’s ambition to connect Rural America is critical to help bridge the digit divide in our communities, and Nokia is proud to have been selected as its partner.

Benzinga Cannabis Capital Conference Unites Industry Titans and Advocates in Chicago

Retrieved on: 
Tuesday, September 5, 2023

CHICAGO, Sept. 5, 2023 /PRNewswire/ -- Benzinga Cannabis Capital Conference, the world's largest and most successful cannabis investing and finance event, will return to Chicago on Sept. 27-28, 2023, at the Magnificent Mile Marriott in the heart of the Windy City. This year's event promises to be an extraordinary convergence of thought leaders, policymakers, advocates, and institutional investors at a time when community is vital to the success of the industry.

Key Points: 
  • This year's event promises to be an extraordinary convergence of thought leaders, policymakers, advocates, and institutional investors at a time when community is vital to the success of the industry.
  • Distinguished politicians and advocates speaking at the event include:
    U.S. Virgin Islands Governor Albert Bryan Jr.,
    Eminence Capital Founder & CEO, Ricky Sandler.
  • Powerful voices from inside the cannabis industry include Trulieve's CEO Kim Rivers and Curaleaf's Chairman of the Board, Boris Jordan.
  • Benzinga provides discounted tickets for the conference to cannabis business owners who have obtained state certification for their social equity initiatives.

Avalon’s Laboratory Services MSO Launches Innovative Laboratory Test for Tuberculosis

Retrieved on: 
Wednesday, August 30, 2023

FREEHOLD, N.J., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative precision diagnostics and provider of clinical laboratory services, today announced that Laboratory Services MSO, LLC (“LSM”) is now offering an in-house laboratory developed test (“LDT”) to detect Tuberculosis (“TB”) using a patient’s sputum sample. Avalon owns a 40% interest in LSM.

Key Points: 
  • FREEHOLD, N.J., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative precision diagnostics and provider of clinical laboratory services, today announced that Laboratory Services MSO, LLC (“LSM”) is now offering an in-house laboratory developed test (“LDT”) to detect Tuberculosis (“TB”) using a patient’s sputum sample.
  • LSM’s new polymerase chain reaction (“PCR”) test allows for accurate and rapid identification of Mycobacterium tuberculosis (“Mtb”) from samples.
  • The most frequently used diagnostic methods for tuberculosis are the tuberculin skin test, acid-fast stain, culture, and polymerase chain reaction.
  • This test also has a significantly higher throughput and much lower cost per test as compared to the standard diagnostic tests.

Avalon’s Laboratory Services MSO Announces Expansion into Arizona

Retrieved on: 
Monday, August 21, 2023

FREEHOLD, N.J., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative precision diagnostics and provider of clinical laboratory services, today announced Laboratory Services MSO, LLC (“LSM”) is opening a new laboratory, Veritas Laboratories LLC (“Veritas”), in Scottsdale, Arizona. Avalon owns a 40% interest in LSM. Veritas is a CLIA-certified and COLA-accredited laboratory that offers a wide range of high-quality testing, including drug testing, genetic testing, urinary testing and COVID-19 PCR testing.

Key Points: 
  • New Wholly Owned Lab “Veritas Laboratory” of Arizona, Anticipated to Generate Revenue in 2023
    Engages Former Congressman Barry M. Goldwater Jr. To Expand Insurance Coverage and Grow Lab Footprint
    FREEHOLD, N.J., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative precision diagnostics and provider of clinical laboratory services, today announced Laboratory Services MSO, LLC (“LSM”) is opening a new laboratory, Veritas Laboratories LLC (“Veritas”), in Scottsdale, Arizona.
  • Veritas is a CLIA-certified and COLA-accredited laboratory that offers a wide range of high-quality testing, including drug testing, genetic testing, urinary testing and COVID-19 PCR testing.
  • Additionally, LSM has engaged former Congressman Barry M. Goldwater to expand coverage with in-network providers and grow laboratory footprint in Arizona.
  • Congressman Barry M. Goldwater, Jr. stated, “We welcome LSM to Arizona as they open a new facility in Scottsdale.

Greenlight Continues Nationwide Expansion and Issues Third Quarterly Dividend to Shareholders

Retrieved on: 
Monday, August 21, 2023

Greenlight has also issued a third seven-figure dividend to its shareholders, following the first-ever issuance of a dividend by an MSO in April of this year.

Key Points: 
  • Greenlight has also issued a third seven-figure dividend to its shareholders, following the first-ever issuance of a dividend by an MSO in April of this year.
  • In 2023, Greenlight has returned consecutive dividends that amount to over 13% of the total invested capital in the Company.
  • Shareholders Dividend - Leading the industry in cost controls and prudent expansion, the issuance of a third consecutive quarterly dividend separates Greenlight from other leading cannabis operations.
  • This significant milestone for Greenlight reflects our dedication to leading the industry through prudent financial management and strategic expansion."

Nova Farms Welcomes New CFO with Strong Background in Investment Banking and Corporate Governance

Retrieved on: 
Wednesday, August 16, 2023

Mr. Shahi brings a global perspective to Nova Farms, having lived in India, Ireland and the Northeast United States, and has worked with companies based in Israel, China and North and South America.

Key Points: 
  • Mr. Shahi brings a global perspective to Nova Farms, having lived in India, Ireland and the Northeast United States, and has worked with companies based in Israel, China and North and South America.
  • Mr. Shahi has evaluated hundreds of investment opportunities with a focus on what makes management teams successful and how to institutionalize processes to deliver scalability to strong operational teams.
  • Mr. Shahi is the obvious choice as Nova prepares to enter the next phase of growth,” said Derek Ross, Chief Executive Officer of Nova Farms.
  • I am excited to join the team to help achieve our goal of being the best-performing MSO in the Northeast,” said Shahi.

Greenberg Traurig Expands Litigation Practice in Phoenix; Adds Craig Waugh

Retrieved on: 
Thursday, August 10, 2023

PHOENIX, Aug. 10, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP added Craig Waugh to its Phoenix office as a shareholder in the Litigation Practice.

Key Points: 
  • Global law firm Greenberg Traurig, LLP added Craig Waugh to its Phoenix office as a shareholder in the Litigation Practice.
  • PHOENIX, Aug. 10, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP added Craig Waugh to its Phoenix office as a shareholder in the Litigation Practice .
  • Waugh has a broad commercial litigation practice encompassing many industries prevalent across the west and southwest, including in Colorado, with particular focus on financial services and health care.
  • His Securities Litigation and ERISA & Employee Benefits Litigation practices center around the intersection of traditional commercial litigation, securities law, and executive separation and change-of-control disputes.

Fort Lauderdale and Aspen Public Relations Firm Durée & Company Took Home Cannabis Marketing Association Seven Awards' "Best Use of PR" Award in Denver

Retrieved on: 
Thursday, August 10, 2023

ASPEN, Colo., Aug. 10, 2023 /PRNewswire/ -- Award-winning Fort Lauderdale- and Aspen-based full-service public relations and marketing agency Durée & Company, Inc. is the sole winner of the inaugural Cannabis Marketing Association Seven Awards' "Best Use of PR" award. The firm won for its work with Columbia Care/Cannabist's Launch in West Virginia, a new cannabis market.

Key Points: 
  • Firm President and Founder Durée Ross accepted the award in person at the Cannabis Marketing Association Seven Awards Show, held at the 2023 Cannabis Marketing Summit in Denver, Colorado.
  • Launched in 2023, Cannabis Marketing Association's Seven Awards aim to highlight and uplift successful marketing campaigns that are advancing the image of cannabis within the regulated industry.
  • There are 20 unique award categories, including "Best Use of PR," which focuses on public relations campaigns and crisis communications.
  • "We are honored to be the sole recipient of Cannabis Marketing Association Seven Awards' 'Best Use of PR' award," said Ross.

ATX Networks to Highlight Optical and Energy Storage Strategies at Fiber Connect 2023

Retrieved on: 
Wednesday, August 9, 2023

ATX Networks , a global leader in broadband access and media distribution solutions, will showcase digital optical transport and energy storage solutions targeted at assisting broadband service providers in closing the digital equity gap and modernizing backup power operations at Fiber Connect 2023 , held August 20–23, 2023, in Orlando, Fla.

Key Points: 
  • ATX Networks , a global leader in broadband access and media distribution solutions, will showcase digital optical transport and energy storage solutions targeted at assisting broadband service providers in closing the digital equity gap and modernizing backup power operations at Fiber Connect 2023 , held August 20–23, 2023, in Orlando, Fla.
  • Fiber Connect is the largest fiber broadband conference in the world dedicated to advancing the investment, deployment and operation of next-generation fiber broadband networks.
  • ATX’s panel, “Fiber Frenzy,” will take place on Tuesday, August 22nd, and explore how MSOs are infusing their infrastructures with fiber.
  • ATX will also showcase its Areca™ Hybrid Supercapacitor Energy Storage Modules, the safer and greener alternative to traditional lead-acid and lithium-based batteries.

Applied Optoelectronics Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023

SUGAR LAND, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the cable broadband, internet datacenter, telecom and fiber-to-the-home (FTTH) markets, today announced financial results for its second quarter 2023 ended June 30, 2023.

Key Points: 
  • SUGAR LAND, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the cable broadband, internet datacenter, telecom and fiber-to-the-home (FTTH) markets, today announced financial results for its second quarter 2023 ended June 30, 2023.
  • GAAP gross margin was 19.0%, compared with 16.5% in the second quarter of 2022 and 17.4% in the first quarter of 2023.
  • Non-GAAP gross margin was 24.8%, compared with 16.7% in the second quarter of 2022 and 23.2% in the first quarter of 2023.
  • The company will host a conference call and webcast for analysts and investors on August 3, 2023 to discuss its second quarter 2023 results and outlook for its third quarter of 2023 at 4:30 p.m. Eastern time / 3:30 p.m. Central time.