HTI

Relativity Debuts "On the Merits: Labor Trafficking" Documentary at Relativity Fest

Retrieved on: 
Wednesday, October 26, 2022

CHICAGO, Oct. 26, 2022 /PRNewswire/ -- Relativity, a global legal and compliance technology company, kicks off the first day of its annual conference Relativity Fest with the debut of its documentary "On the Merits: Labor Trafficking" which explores the role of data and AI in disrupting human trafficking in supply chains.

Key Points: 
  • According to the International Labour Organization, approximately 21.2 million people were subjected to labor trafficking in 2021.
  • Suppliers, contractors and sub-contractors create a complex web making labor trafficking difficult to detect.
  • The documentary tells the story of labor trafficking survivor, Ronny Marty, who came to the U.S. from the Dominican Republic under the promise he'd receive a good job.
  • In the documentary, Marty shares his harrowing story of how he escaped and is now an advocate for human trafficking awareness.

(W)right On Communications earns kudos from International Public Relations Network for "B2B Project of the Year" and "Video of the Year"

Retrieved on: 
Thursday, October 6, 2022

SAN DIEGO, Oct. 6, 2022 /PRNewswire-PRWeb/ -- As judged by fellow member agencies worldwide and from a total of four awards given, (W)right On Communications received two awards -- "B2B Project of the Year" and "Video of the Year" -- from the International Public Relations Network (IPRN) during the organization's 2022 Annual General Meeting & Conference in Cartagena, Colombia.

Key Points: 
  • "The teaser video on Facebook targeted the 'sandwich generation' and older residents living within the drive market of multiple communities.
  • Agencies from the U.S.A., European Union, Latin America and Middle East presented their best work and awards were determined by a vote of the agencies' peers.
  • Founded in 1998, (W)right On Communications is an award-winning integrated strategic communications firm with offices in San Diego, Los Angeles, Seattle and Vancouver, B.C.
  • (W)right On Communications has been named one of America's Best PR Agencies of 2021 and is a member of IPRN , a global network of more than 50 independently owned and managed communications and public relations agencies in over 40 countries.

Dining RD Acquires EZ Nutrition Consulting

Retrieved on: 
Thursday, September 22, 2022

Health Technologies Inc. (HTI), also known as Dining RD, announced today that it has acquired Columbus, Nebraska-based EZ Nutrition Consulting, PC (EZ Nutrition).

Key Points: 
  • Health Technologies Inc. (HTI), also known as Dining RD, announced today that it has acquired Columbus, Nebraska-based EZ Nutrition Consulting, PC (EZ Nutrition).
  • Founded in 2003 by Elaine Farley-Zoucha, RD, LMNT, EZ Nutrition provides Registered Dietitians and Certified Dietary Manager consulting to senior living communities and critical access hospitals in the mid-west region.
  • This acquisition will allow us to expand Dining RDs Registered Dietitian Consulting service and integrate our menu and software programs, ultimately enhancing the current services provided to EZ Nutrition clients, said Carol Sapp, HTI CEO.
  • Health Technologies Incorporated, also known as Dining RD, is a leading provider of consulting dietitians, menus and food-service software to Senior Living communities.

HEXO Completes Transactions With Tilray Brands, Creating a Strategic Alliance Between Two Canadian Cannabis Leaders

Retrieved on: 
Tuesday, July 12, 2022

GATINEAU, Quebec, July 12, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, is pleased to announce that the Company has closed its previously announced transaction with Tilray Brands, Inc. (“Tilray Brands”) (Nasdaq | TSX: TLRY).

Key Points: 
  • This partnership with Tilray Brands is a game-changer for HEXO, said Charlie Bowman, CEO of HEXO Corp.
  • This is a unique opportunity to realize our vision of building Canadas leading cannabis alliance, noted Irwin D. Simon, Chairman and CEO of Tilray Brands.
  • HEXO and Tilray Brands have also entered into certain commercial agreements, providing the two companies with cost saving synergies and production efficiencies (the Commercial Agreements).
  • Operational Flexibility: The Amended Note provides HEXO with immediate operational flexibility by modifying the terms to be more favourable to HEXO.

Tilray Brands Announces Closing of Transaction with HEXO, Laying Groundwork for the Next Evolution of Canadian Cannabis

Retrieved on: 
Tuesday, July 12, 2022

LEAMINGTON, Ontario, July 12, 2022 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray Brands” or the “Company”) (Nasdaq | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced that the Company has closed its previously-disclosed acquisition from HT Investments MA LLC (“HTI”) of the secured convertible note (the “HEXO Note”) issued by HEXO Corp. (“HEXO”).

Key Points: 
  • This is a unique opportunity to realize our vision to enhance consumer experience and lay the groundwork for the next evolution of Canadian cannabis.
  • Substantial Savings: The strategic alliance between Tilray Brands and HEXO is expected to deliver up to $80 million of shared cost-savings within the next two years.
  • Tilray Brands acquired the HEXO Note from HTI, which has a current principal balance of $173.7 million outstanding.
  • Patients and consumers trust Tilray Brands to deliver a cultivated experience and health and wellbeing through high-quality, differentiated brands and innovative products.

Global High Temperature Insulation Materials Market Report to 2027 - Players Include Almatis, BNZ Materials and Insulcon BV - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 12, 2022

High-temperature insulation (HTI) materials refer to various microporous materials that aid in preventing the transfer of heat and energy in various industrial applications.

Key Points: 
  • High-temperature insulation (HTI) materials refer to various microporous materials that aid in preventing the transfer of heat and energy in various industrial applications.
  • Key Questions Answered in This Report:
    How has the global high temperature insulation materials market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global high temperature insulation materials market?
  • What is the structure of the global high temperature insulation materials market and who are the key players?

HEXO Corp.’s Shareholders Approve Note Transaction with Tilray Brands

Retrieved on: 
Tuesday, July 5, 2022

GATINEAU, Québec, July 05, 2022 (GLOBE NEWSWIRE) -- HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that at its reconvened special meeting of shareholders held today (the "Meeting"), holders ("Shareholders") of common shares of HEXO ("Common Shares") approved the previously announced transaction (the “Note Transaction”) with Tilray Brands, Inc. (“Tilray Brands”) (Nasdaq | TSX: TLRY) and HT Investments MA LLC (“HTI”). The Meeting was originally held on June 14, 2022 and was adjourned prior to Shareholders voting on the Note Transaction in order to provide Shareholders with additional time to consider the previously announced amendments to the Note Transaction.

Key Points: 
  • GATINEAU, Qubec, July 05, 2022 (GLOBE NEWSWIRE) -- HEXO Corp (HEXO or the Company) (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that at its reconvened special meeting of shareholders held today (the "Meeting"), holders ("Shareholders") of common shares of HEXO ("Common Shares") approved the previously announced transaction (the Note Transaction) with Tilray Brands, Inc. (Tilray Brands) (Nasdaq | TSX: TLRY) and HT Investments MA LLC (HTI).
  • The Meeting was originally held on June 14, 2022 and was adjourned prior to Shareholders voting on the Note Transaction in order to provide Shareholders with additional time to consider the previously announced amendments to the Note Transaction.
  • At the Meeting, Shareholders voted in favour of the ordinary resolution (the Note Amendment Resolution) to approve certain aspects of the Note Transaction, which provides for the amendment to the terms of the outstanding senior secured convertible note (the Note) originally issued by HEXO to HTI and the execution of an amended and restated Note (the Amended Note) with HTI that will be immediately thereafter assigned to Tilray Brands pursuant to the terms of an assignment and assumption agreement.
  • The Note Amendment Resolution was approved by 87.246% of the votes cast by Shareholders at the Meeting.

HEXO Reports Third Quarter 2022 Results

Retrieved on: 
Wednesday, June 15, 2022

GATINEAU, Quebec, June 14, 2022 (GLOBE NEWSWIRE) -- HEXO Corp (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today reported its financial results for the fiscal quarter ended April 30, 2022 (Q3’22). All amounts are expressed in Canadian dollars unless otherwise noted.

Key Points: 
  • The quarter over quarter Adjusted EBITDA was also impacted by the impact of the $3,673 Health Canada cannabis fee which is recognized in the third quarter each fiscal year.
  • HEXO serves the Canadian recreational market with a brand portfolio including HEXO, Redecan, UP Cannabis, Namaste Original Stash, 48North, Trail Mix, Bake Sale, REUP and Latitude brands, and the medical market in Canada, Israel and Malta.
  • The Company also serves the Colorado market through its Powered by HEXO strategy and Truss CBD USA, a joint venture with Molson-Coors.
  • With the completion of HEXO's recent acquisitions of Redecan and 48North, HEXO is a leading cannabis products company in Canada by recreational market share.

HEXO Enters Into Amending Agreements to the Transaction Agreement With Tilray Brands and the Standby Agreement With KAOS

Retrieved on: 
Tuesday, June 14, 2022

GATINEAU, Quebec, June 14, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (HEXO or the Company), a leading producer of high-quality cannabis products, today announcedthat the Company has entered into an amending agreement (the Amending Agreement) to the previously announced transaction agreement (the Transaction Agreement) with Tilray Brands, Inc. (Tilray Brands) (Nasdaq | TSX: TLRY) and HT Investments MA LLC (HTI).

Key Points: 
  • GATINEAU, Quebec, June 14, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (HEXO or the Company), a leading producer of high-quality cannabis products, today announcedthat the Company has entered into an amending agreement (the Amending Agreement) to the previously announced transaction agreement (the Transaction Agreement) with Tilray Brands, Inc. (Tilray Brands) (Nasdaq | TSX: TLRY) and HT Investments MA LLC (HTI).
  • Separately, the Company announced that it has also entered into an amending agreement to the previously announced equity purchase agreement (the Standby Agreement) with 2692106 Ontario Inc. (the Investor) and KAOS Capital Ltd. (KAOS).
  • The Circular Supplement will include further information regarding the Amending Agreement in order to permit shareholders to make a fully informed decision when considering the Transaction.
  • The Company is not required to pay the Investor any additional consideration in connection with these amendments to the Standby Agreement.

Tilray Brands Announces Enhancements to Accretive Strategic Transaction with HEXO

Retrieved on: 
Tuesday, June 14, 2022

LEAMINGTON, Ontario, June 14, 2022 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray Brands” or the “Company”) (Nasdaq | TSX: TLRY) today announced that the Company has entered into amendments to improve the terms of its previously-disclosed agreements to acquire all of the outstanding principal, plus accrued and unpaid interest, under a secured convertible note (the “HEXO Note”) issued by HEXO Corp. (“HEXO”) to HT Investments MA LLC (“HTI”). These amendments provide for, among other things, an additional discount to Tilray Brands’ purchase price as well as the reduction of the conversion price under the HEXO Note from CAD$0.85 to CAD$0.40 per share.

Key Points: 
  • As previously announced, the strategic alliance between Tilray Brands and HEXO is expected to provide several financial and commercial benefits, including:
    Substantial Synergies: the strategic alliance between Tilray Brands and HEXO is expected to deliver up to $80 million of shared cost-saving synergies within two years of the completion of the Transaction.
  • Accretion: as a result of the substantial synergies, the acquisition of the HEXO Note by Tilray Brands will be immediately accretive to the Company.
  • As consideration for Tilray Brands acquisition of the HEXO Note, Tilray Brands will pay 89.2% of the then outstanding principal balance for the HEXO Note (the Purchase Price).
  • HEXO will not receive any proceeds as a result of Tilray Brands proposed purchase of the HEXO Note from HTI.