Streetbeat News

Partnerships

ETRGF

TLRY

Entourage Health Corp. has extended its supply agreement with HEXO Corp., securing ongoing access to high-quality cannabis biomass for its product portfolio. The prices of all products supplied under the agreement are fixed but subject to adjustments depending on production costs. Following HEXO's acquisition by Tilray Brands Inc., Entourage shifted its sourcing strategy, now obtaining cannabis from Tilray cultivation sites. HEXO's obligations under the deal have been assigned to Aphria Inc., Tilray's principal operating entity.

Portfolio Pulse from Jelena Martinovic

September 15, 2023 | 3:00 pm

NKLA

Nikola Corporation (NASDAQ:NKLA) has announced an agreement with ITD Industries, Inc. to become the first dealer for Nikola Class 8 EV trucks in Canada. ITD will integrate a Nikola showroom and service department into its manufacturing facility in Toronto. Shares of NKLA are up more than 40% since Wednesday on heavy trading volume.

Portfolio Pulse from Erica Kollmann

September 15, 2023 | 2:52 pm

AMD

AMD's partner, TSM, has reportedly instructed suppliers to delay the delivery of high-end chipmaking equipment. This has led to a decrease in AMD's share price.

Portfolio Pulse from Bill Haddad

September 15, 2023 | 2:51 pm

IZEA

EdTech company has awarded IZEA a 7-figure contract. The details of the contract and its implications for IZEA's business operations are not specified.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 2:29 pm

ETHUSD

Mantle EcoFund has begun deploying its $200 million fund to support Web3 innovation. Beneficiaries include LiquidX, Valent, and Range Protocol. The fund's strategy includes collaboration with venture studios led by founders with a strong Web2 background. A recent DAO proposal, MIP-26, approved by the Mantle community, has sanctioned up to a combined 60 million Kava (CRYPTO: USDX), 30,000 Ethereum (CRYPTO: ETH), and 120 million Mantle (CRYPTO: MNT) in liquidity provision for EcoFund-invested decentralized applications (dApps).

Portfolio Pulse from Murtuza Merchant

September 15, 2023 | 2:05 pm

NKLA

Nikola Corporation (NASDAQ:NKLA) has announced an expansion of dealer sales and service network for its Class 8 trucks in Canada in partnership with ITD industries. ITD will promote Nikola's zero-emission trucks across its national sales channels. The deal has been made via the HYLA brand, Nikola's Integrated Hydrogen Solution for producing hydrogen to fuel its zero-emissions trucks. Nikola's shares are trading higher by 6.5% to $1.2250.

Portfolio Pulse from Nabaparna Bhattacharya

September 15, 2023 | 1:53 pm

EPOW

Sunrise New Energy's partner company, Graphite One, has been awarded $37 million from the U.S. government. The article may also mention EPOW.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 1:26 pm

ACB

CBDW

MRMD

OVATF

PLNHF

The cannabis industry is introducing new products and technologies, including vape cartridges, mushroom and cannabis-infused gummies, and AI chatbots. Companies mentioned include Timeless Vapes, Hyphae Wellness, Ovation Science Inc., Planet 13 Holdings, Inc., 1606 Corp., Aurora Cannabis Inc., and MariMed Inc. The Benzinga Cannabis Capital Conference in Chicago will host a panel discussion on leveraging technology for smarter retail strategies.

Portfolio Pulse from Joana Scopel

September 15, 2023 | 1:17 pm

JZXN

WTO

Jiuzi Holdings has announced a strategic partnership with United Time Technology, an entity controlled by UTime Ltd, to install up to 10,000 smart EV chargers in China's third and fourth-tier cities by 2027. This is part of a 4-year plan for the deployment of EV chargers, aimed at rural revitalization.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 1:02 pm

NKLA

Nikola Corporation has announced an expansion of its dealer sales and service network for its Class 8 trucks in Canada through the HYLA brand, in partnership with ITD industries. This has led to a rise in Nikola's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 12:57 pm