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Plastic Corrugated Packaging Market Expands Scope of Businesses in eCommerce Industry to Deliver Sustainable Packaging Solutions: TMR

ALBANY, N.Y., Jan. 4, 2021 /PRNewswire/ — A growing number of packaging companies are leaning on plastic corrugated packaging for meeting their customers’ needs of sustainable solutions. The focus on reducing packaging waste on one hand spurs the popularity of plastic corrugated packaging since it is reusable. Further, industries prefer plastic corrugated packaging that is spill proof, offers high barrier protection, and more durable. In particular, the uptake of the corrugated packaging in food and beverages and pharmaceutical industries are attracted by its versatility and environmental friendliness.

Over the years, more industries are joining the fray in adopting plastic corrugated packaging solutions. The demand in the plastic corrugated packaging has also gained momentum on the back of strides made by eCommerce sector and advances made in digital printing technologies.

Among the various materials, polyethylene segment holds a sizable share and is projected to generate substantive revenues by 2030 end. During the forecast period of 2020 – 2028, the global plastic corrugated packaging market is projected to clock a steady CAGR.

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Key Findings of Plastic Corrugated Packaging Market Study

Packaging Players See Massive Potential Revenues in Food and Beverages Industry

The rise in consumer preference of ready-to-eat food products is a key trend in the F&B industry. Thus, packaging companies who are keen on offering sustainable solutions to food companies and food services brands promote plastic corrugated packaging. The salient features that attract F&B brands are the role of packaging in ensuring food quality and environmental-friendliness. Companies in the plastic corrugated packaging are adopting materials that have high barrier protection characteristics, such as moisture resistance and leakage safety.

Analyze global plastic corrugated packaging market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Burgeoning e-Commerce Sector Spurs Revenue Prospects

Over the past few years, the demand for consumable and retail products has been proliferating on the back of a thriving e-Commerce sector in various parts of the world. This has also propelled vast potential opportunity for manufacturers of plastic corrugated packaging. e-Commerce companies are increasingly leaning on reducing the carbon footprint of the packaging they use for their buyers and end-consumers. This has brought plastic corrugated packaging to the fore. Prominent e-Commerce companies are seeking to do away with the use of single-use plastics. This has also fueled the prospects in the plastic corrugated packaging market.

Brands Looking for Solidifying Consumer Connect Pin High Hopes

Retail brands find plastic corrugated packaging an excellent option for consumer engagement. Digital printing technologies have further expanded their option for attractive graphic designs and branding opportunities. In particular, pharmaceutical industry has been reaping the benefits of plastic corrugated packaging. The end-use industry is slated to offer incredible avenues to market players in coming few years.

Explore 200 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Plastic Corrugated Packaging Market (Packaging Type: Folding Boxes, Trays, Crates, Inserts and Dividers, and Others; Material Type: Polypropylene [PP], Polyethylene [PE], Polyethylene Terephthalate [PET], Polycarbonate [PC], and Others; and End-use Industry: Food & Beverages, Agriculture, Healthcare, Automotive, Electrical & Electronics, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2028 at https://www.transparencymarketresearch.com/plastic-corrugated-packaging-market.html

Plastic Corrugated Packaging Market: Key Driving Factors

Focus on product development and diversification spurs research and development by packaging companies
The increasing trend of personalizing packaging solutions in end-use industries expands avenue in the plastic corrugated packaging market
Changing consumer preferences in food and beverage sector and growing disposal incomes boost uptake
Economic and environmental benefits of plastic corrugated packaging fuel adoption
Consumer brands promoting close-loop systems propel demand for reusable corrugated plastic boxes

Plastic Corrugated Packaging Market: Key Market Participants

A prominent presence of domestic players in several regions renders the plastic corrugated packaging market increasingly fragmented. Their relentless urge to solidify their positions in the respective markets ups the ante for incumbent players with global presence.

Some of the leading industry players from all tiers are Androp Packaging, Inc., American Containers, Inc., Technology Container Corp, FLEXcon Company Inc., Söhner Kunststofftechnik GmbH, Dynapac Co. Ltd., and DS Smith Plc.

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Explore Transparency Market Research’s award-winning coverage of the Global Packaging Industry:

PCR Plastic Packaging Market – TMR projects the PCR plastic packaging market to expand by 1.7 times its current market value by the end of 2028. The rising demand from diverse industries such as cosmetics and personal care, food, beverages, pharmaceuticals, and others is expected to support the expansion of the market.

Flexible Plastic Packaging Coating Market – The flexible plastic packaging coating market is expected to witness robust growth in the near future, thanks to rising demand for safety, and adhesives in e-commerce packaging. The improving logistics of e-commerce, and growing demand for valuables like electronic gadget, and appliances are also expected to open new opportunities for growth. The high-quality of products like acrylics coatings, and their conventional demand are likely to emerge as key factors for growth in the near future.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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SOURCE Transparency Market Research

Northern Virginia Regional Commission Releases Climate Resilience Dashboard for Region

FAIRFAX, Va., Jan. 4, 2021 /PRNewswire/ — The Northern Virginia Regional Commission (NVRC) Climate Resilience Dashboard is an interactive website that allows users to take action to boost their climate resilience using data-driven tools, information, and analysis to make smarter decisions. The web site can be found here: <a target="_blank"…

The dashboard offers information on existing and future climate-related stressors impacting Northern Virginia to enable users to improve their resilience, compare and analyze existing data as well as modeled future projections of three climate indicators affecting Northern Virginia: heat, precipitation, and sea level rise. It aims to support policymakers, planners, and the public to examine variables that affect potential climate hazards so that we can take action to protect vulnerable people, infrastructure, and assets.

Some features of the dashboard include:

A Land Surface Temperature map that helps to visualize areas and populations affected by the Urban Heat Island Effect.
Projections of precipitation patterns.
A sea level rise tool that assesses the impacts of 1, 3, and 5 feet of sea level rise on people, property values and land.

In addition to the data, the dashboard links users to a collection of NVRC programs and projects that help to promote and plan for increased resilience to climate related challenges.

View original content:http://www.prnewswire.com/news-releases/northern-virginia-regional-commission-releases-climate-resilience-dashboard-for-region-301199032.html

SOURCE Northern Virginia Regional Commission

NACM’s December Credit Managers’ Index Remains Strong

COLUMBIA, Md., Jan. 4, 2021 /PRNewswire-PRWeb/ — NACM’s Credit Managers’ Index (CMI) held strong in December with a combined score of 57.8, down a tenth of a point from November and 0.6 points from the high in October. December’s score is more than three points higher than December 2019. «It now appears that the movement has slowed, and what we are seeing now could be considered normal or at least some version of normal,» said NACM Economist Chris…

Sales drove the improvement in the favorable factors, jumping from 66.5 to 70.2 in December. New credit applications increased half a point to 64.4 as did amount of credit extended (64.8 to 65.3) in December. Dollar collections inched forward two-tenths of a point to 62.8 in the latest CMI. The combined four favorable factors index improved to 65.7 in December from 64.4 the previous month.

The combined six unfavorable factors index slipped one point in December to 52.5. Disputes was the only unfavorable factor to improve from 50.6 to 51.2, yet all six factors remained in expansion territory with scores above 50 for a second month in a row. Rejections of credit applications fell two-tenths of a point to 51.3 as did dollar amount of customer deductions from 51.7 to 51.5 in December. Accounts placed for collection dropped from 56.2 to 51.6, and dollar amount beyond terms slipped from 58.1 to 57. Filings for bankruptcies dipped a half point to 52.5. «Despite some weakening of the data in the unfavorable category all the readings are in expansion territory … The favorables are all at least in the 60s this month as well, and that points in a positive direction going into the first quarter.»

The manufacturing sector saw some leaps in the favorables. New credit applications increased from 62.4 to 70.2 in December, and dollar collections and amount of credit extended each jumped more than three points. Dollar collections came in at 65.9 compared to 62.3, while amount of credit extended was at 66.8 compared to 62.6. Sales went from 69.9 in November to 71.1 in December to round out the favorable index at 68.5 for the month, up from 64.3 in November. The unfavorable factors caused some trouble for credit professionals, with a huge drop in accounts placed for collection. The factor went from 63 in November to 51.4 in December. Rejections of credit applications declined to 51.3 from 52.5, and dollar amount beyond terms sank to 53.5 from 58.9. Disputes climbed out of contraction territory at 49.8 to land at 50.7 in December. Dollar amount of customer deductions slipped from 51 to 50.6 in December, and filings for bankruptcies dropped from 53.7 to 52.8. The overall manufacturing index declined two-tenths of a point in December to sit at 58.4.

The service sector remained relatively unchanged with an overall score of 57.1 compared to 57.2 in November. Sales increased from 63.1 to 69.3, but new credit applications, dollar collections and amount of credit extended fell. New credit applications declined from 65.4 to 58.7, and dollar collections dipped under 60 as well at 59.7 compared to 62.9 in November. Amount of credit extended fell to 63.9 after a showing of 67 in November. Four of the six unfavorables saw an improvement in December. Rejections of credit applications went from 50.4 to 51.2, while accounts placed for collection emerged from contraction territory at 51.8 compared to 49.4. Disputes improved slightly from 51.4 to 51.7, and dollar amount beyond terms shot up to 60.6 from 57.4. Dollar amount of customer deductions was unchanged at 52.4, but filings for bankruptcies declined two-tenths of a point to 52.2.

«The stability that has been noted over the last few months was shaken a little by the resumption of lockdowns, but thus far, this impact has not shaken the index off a course that puts it solidly in the expansion zone,» concluded Kuehl.

For a complete breakdown of the manufacturing and service sector data and graphics, view the December 2020 report at http://web.nacm.org/CMI/PDF/CMIcurrent.pdf. CMI archives may also be viewed on NACM’s website at http://www.nacm.org/cmi/cmi-archive.

ABOUT THE NATIONAL ASSOCIATION OF CREDIT MANAGEMENT
NACM, headquartered in Columbia, Maryland, supports approximately 11,000 business credit and financial professionals worldwide with premier industry services, tools and information. NACM and its network of affiliated associations are the leading resource for credit and financial management information, education, products and services designed to improve the management of business credit and accounts receivable. NACM’s collective voice has influenced federal legislative policy results concerning commercial business and trade credit to our nation’s policy makers for more than 100 years and continues to play an active part in legislative issues pertaining to business credit and corporate bankruptcy. NACM’s annual Credit Congress & Exposition conference is the largest gathering of credit professionals in the world.

Contact:
Michael Miller
Andrew Michaels
410-740-5560

Website: http://www.nacm.org

Source: National Association of Credit Management

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Media Contact

Michael Miller, Please Select, +1 (410) 740-5560, michaelm@nacm.org

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SOURCE National Association of Credit Management

Khaled Salem, U.S. Senate Candidate, Urges Incoming Biden Administration to Spearhead Legislation Favoring Immigrant Investors and Entrepreneurs

NEW YORK, Jan. 4, 2021 /PRNewswire/ — Khaled Salem, who is running for the U.S. Senate in New York in 2022, today announced that he is urging the incoming Biden administration to spearhead new legislation that will make it easier for immigrant investors and entrepreneurs to become residents, and then citizens of the United Sates. Khaled is advocating for this change because he believes that immigrant entrepreneurs can contribute to job growth and economic expansion…

«The start of a new year is a great time to think about new ideas,» said Khaled. «A lot of people have been preoccupied with a difficult year, but it’s time to look ahead and find solutions rather than dwell on problems. New York has long been the cradle of economic innovation and growth in the USA. We can once again lead the way to a better life for all Americans.»

As Khaled noted, immigrants with capital comprise a unique growth engine for the economy. They typically arrive in the US with skills and ideas—as well as the financing they need to get things started. They have to succeed. That’s a powerful motivator for action. Plus, immigrants can often see opportunities in markets that elude incumbent industries. This has been proven repeatedly in recent years. «It’s time for the immigration law to adapt to the new reality: The economy favors entrepreneurs over middle-class immigrants,» Khaled added. «Everyone is welcome, but we should not make it difficult for entrepreneurs to come to this country and work their magic.»

Khaled also reaffirmed his commitment to passing new laws to protect dual American citizens from discrimination and inequality in American embassies. He is asking the United States Department of State to make the place of birth optional on U.S. passports to protect dual citizens abroad from discrimination in international Airports around the world. He also advocates for free university education for Americans, a move he believes will contribute to shared prosperity throughout New York and the country at large.

To build his base of support in his run against Chuck Schumer, Khaled has reached out to NY State’s diverse electorate, with appeals for unity among African American, Christians, Jews, Muslims, Asian-Americans, Latinos and others. Khaled is forging an alliance of multiple groups that represent the broad range of communities in the state.

Media Contact:
Khaled Salem for U.S. Senate in New York Salem
266832@email4pr.com
1 518 348 6868

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SOURCE Khaled Salem for U.S. Senate in New York

Bitwise Surpasses $500 Million In Assets Under Management, As Crypto Demand Surges Amongst Professional Investors

SAN FRANCISCO, Jan. 4, 2021 /PRNewswire/ — Bitwise Asset Management, a leading provider of crypto index funds, announced today that it recently surpassed $500 million in assets under management (AUM), after <a target="_blank"…

The Bitwise 10 Crypto Index Fund (OTCQX: BITW), which seeks to track an index of the 10 largest cryptoassets—including Bitcoin, Ethereum, and Litecoin—has seen the strongest demand, recently crossing over $400M in AUM.

The Bitwise Bitcoin Fund and Bitwise Ethereum Fund—which provide low-cost, professionally managed exposure to Bitcoin and Ethereum, respectively—have seen increased demand as well.

«The speed at which professional investors are moving into crypto right now is remarkable,» said Hunter Horsley, cofounder and Chief Executive Officer of Bitwise. «While adoption of crypto as an asset class and conviction around its role in portfolios rapidly expands, we continue to urge all investors to consider the risks associated with investing in cryptocurrencies in general and the Bitwise Funds in particular.»

Bitwise saw record inflows into its funds during Q4 2020, surpassing the total cumulative inflows of 2018 and 2019 combined. The increased demand came primarily from Bitwise’s core audience, investment professionals, including financial advisors, hedge funds, corporate balance sheets, and other institutional investors.

Bitwise specializes in educating and supporting professional investors, with a senior team and staff from firms like BlackRock, Fidelity, Eaton Vance, Wealthfront, Facebook, J.P. Morgan, and iCapital. The Bitwise Funds offer ongoing private placements to accredited investors via www.bitwiseinvestments.com

About Bitwise Asset Management

Bitwise Asset Management is a leading provider of index and beta crypto funds. Based in San Francisco, Bitwise’s team combines expertise in technology with decades of experience in traditional asset management and indexing—coming from firms including Facebook, Google, Wealthfront, BlackRock, Fidelity, Deutsche Bank, IndexIQ, and ETF.com. Bitwise is backed by leading institutional investors and asset management executives, and is a frequent commentator on crypto in the press. It has been profiled in Institutional Investor, CNBC, Barron’s, Bloomberg, The Wall Street Journal, The New York Times, and many other leading publications. The firm is a trusted partner to financial advisors, RIAs, multifamily offices, hedge funds, and other professional investors as they navigate the crypto space. For more information, visit: www.bitwiseinvestments.com.

Disclosure

Forward-Looking Statements: This communication includes forward-looking statements. All statements other than statements of historical information provided herein are forward-looking and may contain information about known uncertainties. Some of these forward-looking statements can be identified by the use of forward-looking terminology such as «believes,» «should,» «expects,» «may,» «will,» «should,» «seeks,» «approximately,» «intends,» «plans,» «estimates,» and «anticipates» and the negative thereof and other variations thereof and comparable terminology, and by discussions of strategy, plans, intentions, and unrealized investment results. These statements involve risks, uncertainties, assumptions, and other factors that may cause actual results or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this communication, we caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. We caution the reader that actual results could differ materially from those expected, depending on the outcome of certain factors, including, without limitation, regulatory developments. Readers are cautioned not to place undue reliance on these statements, which speak only as of the date hereof. Past performance is not a guarantee of future results.

This press release is neither an offer to sell nor a solicitation for an offer to buy Interests in any Fund. Any such offer or solicitation will be made solely through definitive offering documents, identified as such, which will contain information about each fund’s investment objectives and terms and conditions of an investment, and may also describe risks and tax information related to an investment therein, and which qualifies in its entirety the information set forth in this press release. Prospective investors must not construe the contents of this document as legal, tax, investment, or other advice. Each prospective investor is urged to consult with its own advisers with respect to legal, tax, regulatory, financial, accounting and similar consequences of investing in any Fund. The Units and the Shares (the «Interests») of the Funds have not been registered under the Securities Act of 1933 («the Securities Act»), the securities laws of any state, or the securities laws of any other jurisdiction, nor is such registration contemplated. The Interests will be and have been offered and sold under the exemption provided by Section 4(a)(2) of the Securities Act of 1933 and Rule 506 of Regulation D promulgated thereunder and other exemptions of similar import in the laws of the states and jurisdictions where the offering will be made. The offer and sale of the Interests have not been registered with or approved or disapproved by the Securities and Exchange Commission (the «SEC») or the securities commission or regulatory authority of any state or foreign jurisdiction. The Funds mentioned herein are not registered as investment companies under the Investment Company Act of 1940, as amended, and Bitwise believes that such registration is not required.

The Shares of Funds that are publicly quoted on the OTCQX Best Market are Shares that have become «unrestricted» under Rule 144 of the Securities Act one year and a day subsequent to the date that the Shares were originally issued (although Shares held by affiliates and insiders will be subject to additional restrictions on resales, including restrictions on the number of Shares that may be resold within any three-month period). Shares that have become unrestricted may be quoted on the OTCQX Best Market and may be purchased and sold throughout the trading day through any brokerage account with access to such markets.

No Advice on Investment; Risk of Loss: Prior to making any investment decision in respect of any Fund or Shares of any Fund, each investor must undertake its own independent examination and investigation of the Fund, including the merits and risks involved in an investment in the Fund or Shares, and must base its investment decision—including a determination whether Shares would be a suitable investment for the investor—on such examination and investigation, and must not rely on Bitwise or the Funds in making such investment decision. Prospective investors must not construe the contents of this website as legal, tax, investment, or other advice. Each prospective investor is urged to consult with its own advisors with respect to legal, tax, regulatory, financial, accounting, and similar consequences of investing in any Fund, the suitability of the investment for such investor, and other relevant matters concerning an investment in the Fund. This press release contains limited information regarding the terms of the Fund. The summary set forth on this document does not purport to be complete, and is qualified in its entirety by reference to the definitive offering documents relating to each Fund and/or in each case, if available in addition, the Fund’s Annual Report or Information Statement and Quarterly Reports, which can be found on www.otcmarkets.com for the Bitwise 10 Crypto Index Fund (Symbol: BITW). Do not place undue reliance on this press release.

Information May Change and Be Inaccurate, Incomplete, or Outdated: The information in this document is for discussion purposes only, and no representations or warranties are given or implied. All of the information presented herein is subject to change without notice.

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SOURCE Bitwise Asset Management

Decibel Announces Closing of Non-Dilutive $30 Million Debt Financing

CALGARY, AB, Jan. 4, 2021 /PRNewswire/ – Decibel Cannabis Company Inc. (the «Company» or «Decibel») (TSXV: DB) (OTCQB: DBCCF), is pleased to announce that on December 31, 2020 it closed its previously announced financing with Connect First Credit Union Ltd. in respect of $30 million of debt capital.

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Financing Highlights

Total Capital & Extended Maturity: The credit facilities includes $28.5 million of term debt and a $1.5 million authorized overdraft to repay Decibel’s existing debt of $26.8 million. The credit facilities mature 5 years from the funding date and amortize over a 10 year term (prior debt was on average a 5 year amortization term).
Improved Liquidity: The financing results in $3.2 million of immediate gross proceeds and an additional ~$1 million of principal repayment savings commencing on December 31, 2020. The proceeds will support Decibel’s continued sales growth and working capital requirements.
Alignment to Operational Schedule: The credit facilities are aligned to Decibel’s operational schedule. The Company will benefit from an interest only period on $16 million of the term debt, ending in the third quarter of 2021. Principal savings over this period will provide Decibel flexibility and additional resources to support its growth strategy.
Lower Interest Rate: The committed interest rate under the credit facilities is a 5 year fixed rate of 4.75% for the term debt and Prime + 1.00% for the authorized overdraft. This reflects a blended interest rate reduction of approximately 1.70%, representing approximately $360 thousand of annual interest savings for Decibel over the full year 2021.
Simplification of Financial Covenants: The credit facilities have two annually tested financial covenants, a Debt Service Coverage Ratio of not less than 1.40:1.00, and a Debt to Equity Ratio of not greater than 0.75:1, to commence following Decibel’s 2021 year end (December 31, 2021). The Debt to Equity ratio in subsequent years will step down to 0.50:1 in 2022. The Credit Facilities also have a monthly current ratio covenant of not less than 1.25:1 beginning January 2021. Decibel’s 12 month forecast projects compliance with all financial covenants.

About Decibel

Decibel is uncompromising in the process and craftsmanship needed to deliver the highest quality cannabis products and retail experiences. Decibel has three production houses operating or under development along with its wholly owned retail business, Prairie Records. The Qwest Estate in Creston, BC is a licensed and operating 26,000 square foot cultivation space which produces the widely championed, rare cultivar-focused brands Qwest and Qwest Reserve, which are sold in six provinces across Canada. Thunderchild Cultivation, an 80,000 square foot indoor cultivation facility in Battleford, SK is scheduled to be completed and licensed in 2021. The Plant, Decibel’s extraction facility, in Calgary, AB has 15,000 square feet of Health Canada licensed extraction and product development space. This production house will fuel the growth of our brands Qwest, Qwest Reserve, and Blendcraft, into new and innovative product formats like concentrates, vapes, edibles and beyond.

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

Cautionary Statements

Forward Looking Information

This news release contains «forward-looking information» and «forward-looking statements» (collectively, «forward-looking statements») within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as «expects», or «does not expect», «is expected», «anticipates» or «does not anticipate», «plans», «budget», «scheduled», «forecasts», «estimates», «believes» or «intends» or variations of such words and phrases or stating that certain actions, events or results «may» or «could», «would», «might» or «will» be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

In this news release, forward-looking statements relate to, among other things, Decibel’s anticipated principal savings, including the amount, date of commencement and impact thereof; Decibel’s expected compliance with its financial covenants; the date of repayment of Decibel’s ATB facility and the implied closing date the Credit Facilities; and the anticipated completion and licensing date of Thunderchild Cultivation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: risks relating to delays, regulatory changes and impacts, capital requirements, construction impacts, displacement requirements and unforeseen requirements resulting from the COVID-19 pandemic, the ability to obtain or maintain licences to retail cannabis products; review of the Company’s production facilities by Health Canada and receipt or maintenance of licences (including any amendments thereto) from Health Canada in respect thereof; 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 labour market generally and the ability to access, hire and retain employees; general business, economic, competitive, political and social uncertainties; the satisfaction of conditions precedent under the Company’s credit facilities; timing and completion of construction and expansion of the Company’s production facilities and retail locations; and the delay or failure to receive board, regulatory or other approvals, including any approvals of the TSX Venture Exchange, as applicable. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, the Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

This press release contains future-oriented financial information and financial outlook information (collectively, «FOFI») about the Company’s prospective results of operations including, without limitation, the expected results of its costs cutting measures and, which are subject to the same assumptions, risk factors, limitations, and qualifications as set forth above. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on FOFI. The Company’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these FOFI, or if any of them do so, what benefits the Company will derive therefrom. The Company has included the FOFI in order to provide readers with a more complete perspective on the Company’s future operations and such information may not be appropriate for other purposes.

These forward-looking statements and FOFI are made as of the date of this press release and the Company disclaims any intent or obligation to update any forward-looking statements and FOFI, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

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SOURCE Decibel Cannabis Company Inc.

Corteva Welcomes New Senior Vice President and Chief Technology Officer Sam Eathington

WILMINGTON, Del., Jan. 4, 2021 /PRNewswire/ — Corteva, Inc. (NYSE: CTVA) announced that Sam Eathington, Ph.D., a highly experienced agricultural scientist with extensive expertise in developing cutting-edge technology, has begun his role as Senior Vice President and Chief Technology Officer, effective January 1, 2021. Reporting to Chief Executive Officer James C. Collins, Jr., Eathington has responsibility for the Company’s industry-leading portfolio of products and technology and spearheading global agricultural innovation and sustainability. Eathington joins Corteva from The Climate Corporation (part of Bayer Crop Science) where he was Chief Science Officer. He spent nearly two decades focused on quantitative traits and molecular breeding at Monsanto.

«We are excited to have Sam take over as the leader of our R&D organization,» Collins said. «Sam has a long history of driving commercially successful scientific innovation and his insights and experience will be a tremendous advantage for Corteva. With Sam’s leadership and expertise, we will continue to launch transformative solutions that meet the evolving needs of consumers and empower farmers to produce more, building on the success of recent key product launches while further diversifying our portfolio across crops and geographies. At the same time, we will continue to advance the efficiency and productivity of our R&D operations and deliver greater value for our shareholders.»

«Corteva’s vast portfolio of products and services and deep relationships throughout the agriculture community reflects its commitment to helping farmers thrive and build for the future,» Eathington said. «Corteva has established significant momentum with a robust pipeline of patented and differentiated products, award-winning technology and leadership in sustainable chemistry. I am excited to be joining this talented team of scientists at Corteva as we continue to develop technology that positively impacts farmers’ livelihoods and advances environmental sustainability and agricultural resiliency throughout the global food system, while driving accelerated competitive advantages and long-term growth for the business.»

Eathington holds more than 50 patents, patent applications and publications and is an expert contributor to numerous periodicals. He is a sixth-generation Illinois farmer and his family has been farming the same land for 150 years. He holds a B.S. in agronomy, an M.S. in soybean breeding and genetics and a Ph.D. in quantitative genetics and maize breeding, all from the University of Illinois, Urbana-Champaign.

Eathington succeeds Neal Gutterson, Ph.D., who retired from the Company at the end of 2020.

About Corteva Agriscience
Corteva Agriscience is a publicly traded, global pure-play agriculture company that provides farmers around the world with the most complete portfolio in the industry – including a balanced and diverse mix of seed, crop protection and digital solutions focused on maximizing productivity to enhance yield and profitability. With some of the most recognized brands in agriculture and an industry-leading product and technology pipeline well positioned to drive growth, the company is committed to working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. Corteva Agriscience became an independent public company on June 1, 2019 and was previously the Agriculture Division of DowDuPont. More information can be found at www.corteva.com.

Follow Corteva Agriscience on Facebook, Instagram, LinkedIn, Twitter and YouTube.

^TM ^® ^SM Trademarks and service marks of Corteva Agriscience and its affiliated companies.

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SOURCE Corteva, Inc.

Pattern Energy Closes Financing and Starts Full Construction of Western Spirit Wind Projects in New Mexico

ALBUQUERQUE, N.M., Jan. 4, 2021 /PRNewswire/ — Pattern Energy Group LP (Pattern Energy) announced today it has completed financing and started the full construction process of its Western Spirit Transmission line and its suite of Western Spirit Wind power projects totaling more than 1,050 megawatts (MW), located in Guadalupe, Lincoln and Torrance Counties in central New…

«This is a big day for New Mexico as we ramp up more than a gigawatt of our Western Spirit Wind projects for the largest single-phase construction of renewable power in U.S. history,» said Mike Garland, CEO of Pattern Energy. «Tapping some of the best wind in the world, the Western Spirit Wind projects have a powerful generation profile with an evening peak that is a perfect complement to daytime solar and displaces the need for more expensive, ramping fossil fuels. New Mexico is home to some of the strongest winds in the country and Pattern Energy is committed to harnessing this natural power source to create more than one thousand new jobs and generate more than two billion dollars in net economic impact.»

The Western Spirit Wind projects will utilize a total of 377 GE wind turbines ranging from 2.3 to 2.8 MW in size. The wind projects will be constructed in conjunction with the Western Spirit Transmission Line, an approximately 150 mile, 345kV AC transmission line that will add much needed accessibility for New Mexico’s powerful wind resources to the electricity grid in New Mexico and the broader western markets.

The Western Spirit Transmission line is being developed jointly between Pattern Energy and the New Mexico Renewable Energy Transmission Authority (RETA) and will interconnect directly into the Public Service Company of New Mexico system (PNM). PNM will acquire and operate the transmission line upon its commissioning.

Pattern Energy has more than 4,500 MW of New Mexico wind in operation or development, representing over $9.5 billion of planned investments. For more information please visit patternenergynewmexico.com.

About Pattern Energy
Pattern Energy is one of the world’s largest privately-owned developers and operators of wind, solar, transmission, and energy storage projects. Its operational portfolio includes 28 renewable energy facilities that use proven, best-in-class technology with an operating capacity of 4.4 GW in the United States, Canada and Japan. Pattern Energy is guided by a long-term commitment to serve customers, protect the environment, and strengthen communities. For more information, visit patternenergy.com.

Contacts:

Matt Dallas
Pattern Energy
917-363-1333
matt.dallas@patternenergy.com

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SOURCE Pattern Energy Group LP

Massachusetts Enacts Law Improving Access to Care

AUSTIN, Texas, Jan. 4, 2021 /PRNewswire/ — The American Association of Nurse Practitioners® (AANP) recognizes the leadership of Governor Charlie Baker and the Massachusetts Legislature in improving health care for the people of the Commonwealth through the passage on January 1, 2021 of An Act Promoting a Resilient Health Care System That Puts Patients First. Massachusetts joins 22 other states, the District of Columbia and two U.S. territories in adopting Full Practice Authority legislation, enabling patients to directly access the full breadth of health care services nurse practitioners (NPs) are educated and clinically trained to provide. Passage of this legislation significantly strengthens health care delivery throughout the state.

«The signing of this law represents nearly a decade of effort by many stakeholders to improve health care access in Massachusetts,» said Leah McKinnon-Howe, DNP, ANP-BC, AANP Massachusetts State Representative. «Today we applaud the state legislature and Governor Baker for recognizing the integral role of NPs in the health care delivery system. This legislation makes permanent executive orders that allowed NPs to fully respond to COVID-19 and will better position the state to rebuild and meet the health care challenges ahead.»

«Massachusetts is the latest state to embrace a better care delivery model that recognizes NPs as part of the solution for addressing increasing health care needs,» said AANP President Sophia L. Thomas, DNP, APRN, FNP-BC, PPCNP-BC, FNAP, FAANP. «This decision aligns with the evidence and recommendations for NP licensure from leading health policy groups like the National Academy of Medicine. Research shows that states with Full Practice Authority maintain strong safety and quality outcomes and improve both access to care and cost savings.»

The American Association of Nurse Practitioners (AANP) is the largest professional membership organization for nurse practitioners (NPs) of all specialties. It represents the interests of the more than 290,000 licensed NPs in the U.S. AANP provides legislative leadership at the local, state and national levels, advancing health policy; promoting excellence in practice, education and research; and establishing standards that best serve NPs’ patients and other health care consumers. As The Voice of the Nurse Practitioner®, AANP represents the interests of NPs as providers of high-quality, cost-effective, comprehensive, patient-centered health care. To locate an NP in your community, go to npfinder.com. For more information about NPs, visit aanp.org.

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SOURCE American Association of Nurse Practitioners

New Robot Ariel Debuts at CES 2021, Makes Pool Cleaning a Breeze

TEMPE, Ariz., Jan. 4, 2021 /PRNewswire/ — Ariel by Solar Breeze is the latest evolution of pool robots to come from Tempe based Pivot-Solar Breeze, and she is making her debut at CES 2021. Ariel produces clean pools by combining the force of solar-power and intelligent technology as she elegantly travels the pool’s surface to collect debris. Pool owners everywhere can pre-order Ariel at <a target="_blank"…

Layers of dust and debris that loom on the surface often discourage pool owners from jumping right in. After placing the Ariel unit in the pool and turning her on, she effortlessly maneuvers to remove up to 95% of dirt, leaves, pollen, dust, hair, oil and more before the debris decays and sinks to the bottom. Ariel owners enjoy a net-free world, less bacteria and algae growth, less filtration and sanitization needs, and less pool pump runtime.

«Automated surface cleaning is becoming recognized throughout the pool industry as a critical part of pool maintenance and greatly contributes to having a clean and healthy swimming pool,» said Paul Sim, Vice President of Pivot-Solar Breeze. «Ariel is the culmination of years of engineering and consumer feedback to produce the quintessential, future-focused pool cleaning device that brings a whole new level of intelligence, beauty and performance to the robotic surface cleaning category.» The original Solar-Breeze was launched in 2011, creating a whole new category of robotic pool cleaners. Since then, the Solar-Breeze NX and Solar-Breeze NX2 have become the preferred pool-skimming robots by pool owners in 48 states and 20 countries.

«Ariel by Pivot-Solar Breeze is a MUST for any pool owner,» said Michael Angle, demo unit recipient. «It gobbles up dirt, leaves, pollen, dust, hair, insects, oil and more – anything that lands in my pool! The hours I used to spend skimming my surface are now the hours I spend relaxing, or jumping right in. I love my pool again!»

Ariel by Pivot-Solar Breeze offers these features:

Mesh filter collects and retains particles down to 200 microns in size
Debris collection chamber that holds twice the volume of a normal skimmer basket
Simple removal from pool with no-slip handle
Easy to empty debris and clean the unit
Rechargeable battery that powers the unit after the sun goes down
Solar panels that produce enough power to run the unit and charge the battery during the day
Sensors that detect obstructions and light up at night
No chords or hoses attached
Covers the surface of an average pool every 1.5 hours
Functions in temperatures ranging from 40° to 130°F
Can withstand water salinity of 6,500 ppm

The difference between Ariel and the previous robot, Solar-Breeze NX2, are as follows:

The front bumper wheels have been eliminated, along with all of the mechanical systems that went with them.
The rear paddle wheel has been split so that there not two independently operating paddle wheels at the rear of the unit, which allows the unit to steer.
There are also now sensors located where the front bumper wheels used to be that will help the unit detect when it is approaching the edge of the pool or any other obstruction!

In addition to the convenience of having a pool that is always swim-ready with almost no effort, customers find that having an Ariel robot in their pool can reduce their pool pump run times by as much as 60%, saving them hundreds of dollars each year in energy costs. Reducing pool pump run time also reduces the environmental impact of having a swimming pool.

For more information about reserving the pool robot, visit www.solar-breeze.com.

About Pivot-Solar Breeze
Tempe, Arizona-based Pivot-Solar Breeze was founded in 2011 and is dedicated to bringing solar-powered and eco-friendly pool cleaning and maintenance solutions to pool owners. Leveraging patented technology in the solar-powered robotic pool accessories space, its market presence spans 48 states and 20 countries. The company’s mission is to introduce technology and products that make it possible to remove swimming pools from the electrical power grid.

For b-roll footage, brochures and more visit our CES 2021 press kit: https://ces.vporoom.com/Solar-Breeze

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SOURCE Pivot-Solar Breeze