Akerna Flash Report: Data shows cannabis consumers are spending 25% more amid the Covid-19 pandemic

DENVER, March 4, 2021 /PRNewswire/ — Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (<a target="_blank"…

DENVER, March 4, 2021 /PRNewswire/ — Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), shows that one year since the Covid-19 pandemic has altered daily lives of North Americans, cannabis shoppers and patients are spending about 25-30% more per purchase and are increasingly purchasing more volume of products per visit. 

Over the past year (2020-2021), the average recreational cannabis purchase was $60 – climbing up from $48 in the previous year (2019-2020), with consumers’ basket size growing from an average of 2.25 products to 2.6. For medical purchasing, the average sale size is up to $123 per purchase, up from $100 in the previous year, and basket volume grew from 2.9 items to 3.02. 

«This past year was a booming one for cannabis, even amid the economic crisis caused by the Covid-19 pandemic. The biggest change we see in our data is that patients are buying more products per visit, and it’s important for cannabis businesses to take these changes into mind when marketing their products,» said James Ahrendt, Business Intelligence Architect at Akerna. «With flower continuing to be the go-to product, brands should focus on differentiating their flower from the competition as well as education and benefits around other product categories.»

Additional Insights 

Cannabis consumer shopping during the Covid-19 pandemic (2/1/2020 – 1/31/2021):

Average Order Sale (ticket):

  • Male (Rec) – $59.02
  • Male (Med) – $121.06
  • Female (Rec) – $64.50
  • Female (Med) – $125.22

Average basket size:

  • Male (Rec) – 2.48 items
  • Male (Med) – 2.93 items
  • Female (Rec) – 2.76 items
  • Female (Med) – 3.10 items

Gender Sales Market Share

  • Rec – Male 67% / Female 33%
  • Med – Male 61% / Female 39%

Age Group Sales Market Share:

  • Under 30 – 27%
  • 30 – 40 – 29%
  • 40 – 50 – 19%
  • 50 – 60 – 13%
  • 60+ – 12%

Category Sales Market Share:

  • Flower – 43%
  • Cartridges / Pens – 35%
  • Infused Edible – 8%
  • Concentrate – 12%
  • Non-Medicated – 1%
  • Infused Non-edible – 1%

About MJ Freeway

MJ Freeway is more than software as a service. Its flagship solution, MJ Platform, includes Platform Insights. Now operators, investors, and regulators can access the industry’s largest and most statistically relevant database to drive data-driven business decisions.

Platform Insights provides:

  • The greatest statistical relevance across countries
  • Normalized data (not farmed from various disparate POS platforms)
  • Full cannabis supply chain data
  • Business insights founded in category management methodology

Platform Insights can eliminate the guesswork and provide answers to questions like:

  • What is the gross margin return on inventory?
  • What SKUs should be carried?
  • How do basket adjacencies influence discounting and retention strategies?
  • What does a medical market look like a year or five years after decriminalizing cannabis?

Click here for more information about MJ Platform.

About Akerna:

Akerna (Nasdaq: KERN) is an enterprise software company focused on compliantly serving the cannabis, hemp, and CBD industry. First launched in 2010, Akerna has tracked more than $20 billion in cannabis sales to date and is the first cannabis software company listed on Nasdaq. The company’s cornerstone technology, MJ Platform, the world’s leading infrastructure as a service platform, powers retailers, manufacturers, brands, distributors, and cultivators.

For more information, visit https://www.akerna.com/.

About the Akerna Flash Report:

Flash Report is a look at buying trends in the cannabis market as captured by Akerna’s MJ Freeway subsidiary.

MJ Freeway provides operators with MJ Platform, the industry-leading solution for regulatory compliance technology, from seed-to-sale-to-self. Some instances of the flash report may include business intelligence derived from Akerna’s family of companies, including Ample Organics, Leaf Data Systems, solo sciences, and Trellis.

Data is derived from MJ Platform, the leading provider of cannabis compliance software for the marijuana industry. Sales projections are based on market adjustment calculations and represent the entire US market as an aggregate.

Reporting Data is obtained from operators using Akerna’s MJ Platform solutions. Akerna has one of the largest seed-to-sale footprints in the cannabis industry, operating in 15 countries and 23 U.S. states, including Pennsylvania, Oklahoma, Puerto Rico, Arizona, California, Utah, Michigan, Colorado, Montana, Nevada, Maine, Vermont, New Mexico, Missouri, Texas, Ohio, Maryland, Washington D.C., Kansas, Arkansas, New York.

Increases are relative to the prior period. Additional business intelligence data sources may include proprietary tools used by Akerna’s family of companies.

Forward-Looking Statements:

Certain statements made in this release are «forward-looking statements» within the meaning of the «safe harbor» provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words «estimates,» «projected,» «expects,» «anticipates,» «forecasts,» «plans,» «intends,» «believes,» «seeks,» «may,» «will,» «should,» «future,» «propose» and variations of these words or similar expressions (or the negative versions of such terms or expressions) are intended to identify forward-looking statements. Such forward-looking statements include but are not limited to statements regarding the ability of the MJ Platform team to help operators make decisions through analytics and reporting. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of significant known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside Akerna’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others that may affect actual results or outcomes, include (i) Akerna’s ability to maintain relationships with customers and suppliers and retain its management and key employees, (ii) changes in applicable laws or regulations, (iii) changes in the market place due to the coronavirus pandemic or other market factors, (iv) and other risks and uncertainties disclosed from time to time in Akerna’s filings with the U.S. Securities and Exchange Commission, including those under «Risk Factors» therein. You are cautioned not to place undue reliance on forward-looking statements. All information herein speaks only as of the date hereof, in the case of information about Akerna, or the date of such information, in the case of information from persons other than Akerna. Akerna undertakes no duty to update or revise the information contained herein. Forecasts and estimates regarding Akerna’s industry and end markets are based on sources believed to be reliable; however, there can be no assurance these forecasts and estimates will prove accurate in whole or in part.

 

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SOURCE Akerna

Rescue Reston Announces Two New Board Members

RESTON, Va., March 4, 2021 /PRNewswire-PRWeb/ — Rescue Reston is pleased to announce the appointment of two new board members, John McCrea and Douglas Britt. Both have been long standing active volunteers for Rescue Reston.

«The addition of John and Doug will add additional expertise and energy into steadfastly defending against development of two of the largest contiguous areas of Reston’s green…

RESTON, Va., March 4, 2021 /PRNewswire-PRWeb/ — Rescue Reston is pleased to announce the appointment of two new board members, John McCrea and Douglas Britt. Both have been long standing active volunteers for Rescue Reston.

«The addition of John and Doug will add additional expertise and energy into steadfastly defending against development of two of the largest contiguous areas of Reston’s green open spaces, both of which are part of the Chesapeake Bay watershed,» said Connie Hartke, President of Rescue Reston.

John McCrea and his family have enjoyed the Reston lifestyle for nearly 25 years. John is grateful for the Reston combination of Live, Work, and Play. He started a successful business in Reston. The McCrea daughters attended the Reston public schools and have been active with the Reston Swim teams, lifeguarded with RA, and have enjoyed watersports on the Reston Lakes. John was an Assistant Soccer Coach with Reston Soccer and the entire family enjoys the 55 miles of trails in Reston, as well as Lake Fairfax Park. John and his wife Trudy are devoted to the preservation of the open space of Reston for the generations to come.

Douglas Britt is a Virginia Master Naturalist and holds undergraduate and graduate degrees in Biology from Purdue University and the University of Toledo, respectively. He has served as President and Chief Operating Officer of four professional service organizations working in the fields of basic and applied life sciences, conservation biology and ecological restoration, and bioastronautics and astrobiology. He was twice awarded NASA’s Public Service Medal for scientific contributions to the agency. Mr. Britt has authored several scientific articles and testified to Congress on emerging energy and environmental issues. He and his wife Penny have resided in Reston since 1975. He has served on Reston Association’s Board of Directors and its Lakes, Boats & Docks Working Group. He was instrumental in Reston’s acceptance into the prestigious Biophilic Cities Network. Currently he serves as Chairman of Reston Association’s Environmental Advisory Committee while also serving on the Fairfax County Community-wide Energy and Climate Action Plan (CECAP) Task Force. His hobbies are golf, fly fishing, and gardening.

About Rescue Reston
Rescue Reston is a grass-roots organization working to defend Reston’s recreational green space at Hidden Creek Country Club and Reston National Golf Course from residential housing or any site development other than a golf course or comparable open space. The land use designation of both properties is private recreation use, more specifically to remain as golf courses. They serve as wildlife corridors and in conjunction with Reston Association’s walking paths along and crossing, are an amenity that can be enjoyed by all. To learn more or to donate, visit https://www.rescuereston.org, like us on https://www.facebook.com/rescuereston, and follow us on Twitter @RescueReston.

Rescue Reston asks that readers go to its website and subscribe to its newsletter.

Media Contact

Connie Hartke, Rescue Reston, +1 (571) 205-8874, info@rescuereston.org

Twitter, Facebook

 

SOURCE Rescue Reston

NATSO, Trucking Groups Urge Centers for Disease Control to Designate Truckstops as Mobile Vaccine Sites

ALEXANDRIA, Va., March 4, 2021 /PRNewswire/ — NATSO, representing the nation’s truckstops and travel plazas, along with a coalition representing trucking fleets and truck drivers in need, urged the Centers for Disease Control to designate truckstops and travel plazas as mobile vaccination sites to leverage existing truckstop locations for the distribution of vaccines to professional truck drivers and truckstop employees.

ALEXANDRIA, Va., March 4, 2021 /PRNewswire/ — NATSO, representing the nation’s truckstops and travel plazas, along with a coalition representing trucking fleets and truck drivers in need, urged the Centers for Disease Control to designate truckstops and travel plazas as mobile vaccination sites to leverage existing truckstop locations for the distribution of vaccines to professional truck drivers and truckstop employees.

The very nature of the trucking, truckstop and travel plaza industries allows an opportunity to have an immediate and meaningful impact on the distribution of vaccines to essential truckstop employees and truck drivers, the groups said in a letter to CDC Director Rochelle Walensky.

NATSO was joined in signing the letter by the American Trucking Associations, the Truckload Carriers Association, National Private Truck Council, National Association of Small Trucking Companies, St. Christopher Truckers Relief Fund, and the Tank Truck Carriers.

«Truckstops and travel plazas are designed to cater to the unique needs of truck drivers who spend hundreds of days each year away from home,» said NATSO President and CEO Lisa Mullings. «Commercial drivers who are unable to access medical services in their home state or while driving a tractor trailer already are accustomed to accessing these service at truckstops and travel centers. Designating our network as mobile vaccination sites will ensure efficient vaccinations for the essential truck drivers who deliver America’s needs as well as the employees who serve them.»

Utilizing truckstops and travel plazas as mobile vaccination sites would alleviate significant challenges that truck drivers currently face in receiving an expedient vaccine. Many states, for example, currently require proof of residency to receive a vaccine.

Truck drivers should be allowed to receive a vaccine in a state other than that within which they reside due to their length of time on the road and away from home. Truck drivers also must be allowed to receive their second vaccination at a different location as it is improbable that they would have the ability to return to the primary vaccination site on a specific date or time.

«TCA continues to be awed by the dedication of the hardworking men and women in our industry who put their own health and wellbeing on the line to ensure the vaccine makes it safely to its final destination, all while wondering when they will be able to receive their own shots,» said John Lyboldt, President of the Truckload Carriers Association. «We stand ready to help in any way possible to alleviate this concern and urge the CDC to prioritize the trucking industry as the vaccination effort expands.»

«We’re grateful to be working with industry partners to ensure the trucking industry has access to the vaccine while out on the road,» said Dan Horvath, Vice President, Safety Policy, for the American Trucking Associations. «We cannot expect drivers—some of whom are actively transporting the vaccine—to return to their home domicile in order to receive the vaccine. Removing the red tape and using truckstops and travel plazas as mobile distribution sites exclusively for our industry will assist in making the vaccine available for those who choose to receive it.»

«Throughout the last year truck drivers have continued risking their lives to bring us food, supplies, medical equipment, PPE, and now, vaccines,» said Donna Kennedy, Executive Director of the St. Christopher Relief Fund. «It only seems right that our Highway Heroes, these essential workers, be prioritized with immunization against the virus. The St. Christopher Fund feels that it is vital for truck drivers to receive COVID-19 vaccines as soon as possible, and that they have easy access to the vaccines. To help with this, we are working with pharmacies and NATSO to make a nationwide plan to have vaccine clinics at truck stops.»

NATSO is the trade association of America’s travel plaza and truckstop industry. Founded in 1960, NATSO represents the industry on legislative and regulatory matters; serves as the official source of information on the diverse travel plaza and truckstop industry; provides education to its members; conducts an annual convention and trade show; and supports efforts to generally improve the business climate in which its members operate.

Contact:
Tiffany Wlazlowski Neuman
Vice President, Public Affairs
(703) 739-8578

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SOURCE NATSO, Inc.

Lear’s Pine Grove Facility Manufactures Over 4 Million Face Masks

SOUTHFIELD, Mich., March 4, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has manufactured and distributed more than 4 million face masks from its Pine Grove, Pa., facility since the outset of the COVID-19 pandemic.

<a…

SOUTHFIELD, Mich., March 4, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has manufactured and distributed more than 4 million face masks from its Pine Grove, Pa., facility since the outset of the COVID-19 pandemic.

Lear installed mask-making equipment at the facility in 2020, in response to the COVID-19 crisis, with capacity available to make 600,000 units per week. From Pine Grove, Lear has distributed masks to distributors, schools, hospitals, civic departments, non-profits and company employees.

Given the aims of the recent Executive Order on Sustainable Public Health Supply Chain to build long-term capability in the United States to manufacture medical supplies for health care crises, the Pine Grove facility continues to be ready to supply domestic customers with locally made face masks.

«We continue to make available our manufacturing and technology resources to help address this health care crisis,» said Ray Scott, Lear President and CEO. «It’s important that we work together to help protect our communities, families and coworkers, and keep businesses operating.»

Using innovative cloth and fabric solutions from Lear’s Guilford Performance Textiles business, employees at the Pine Grove facility completed training to operate the mask-making machines and practice health protocols from Lear’s Safe Work Playbook to safely operate during the pandemic.

For their efforts, the plant was honored with Lear’s 2020 CEO Special Appreciation Award, the company’s highest award given to the plant or team that went above and beyond their day-to-day responsibilities to make a difference.

«The quick and safe implementation of face mask production capabilities at Pine Grove was made possible by the global Lear team’s procurement and engineering work and support from our union partners and the local government,» Scott said.  

About Lear Corporation
Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Our diverse team of talented employees in 38 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 166 on the Fortune 500.

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SOURCE Lear Corporation

Diamond Resorts Offers Exclusive Golf Getaway Packages as Travelers Embrace the Socially Distant Sport

LAS VEGAS, March 4, 2021 /PRNewswire/ — Diamond Resorts®, a global leader in the hospitality, vacation ownership and entertainment industries, announces exclusive Golf Getaway packages for travelers looking to hit the links during their next vacation. Known for hosting the LPGA’s most unique professional golf…

LAS VEGAS, March 4, 2021 /PRNewswire/ — Diamond Resorts®, a global leader in the hospitality, vacation ownership and entertainment industries, announces exclusive Golf Getaway packages for travelers looking to hit the links during their next vacation. Known for hosting the LPGA’s most unique professional golf tournament, Diamond is bringing the action to their resorts across the country. Diamond members also have special access to exclusive events with golf stars, including Annika Sörenstam, Brian Gay, Nate Lashley, Blair O’Neal and Brittany Lincicome throughout the year.

The limited-time Golf Getaway package is available at Diamond-managed properties in Sedona (travel through Nov. 24, 2021) and Orlando (travel through June 30, 2021), including Mystic Dunes Resort & Golf Club, The Ridge on Sedona Golf Resort, Sedona Summit, Bell Rock Inn and Los Abrigados Resort & Spa. Guests can book this 3-night Golf Getaway package until April 30, 2021, for travel through the dates specified above. The package includes spacious accommodations at the resort of their choice and two rounds of golf. Each package will also include access to resort amenities, including pools and fitness centers at select properties. Diamond’s condo-style accommodations are perfectly suited for social distancing and feature multiple bedrooms and bathrooms, fully equipped kitchens, dining and living areas, home offices and in-suite laundry.

«It has been incredible to see the popularity of golf skyrocket in recent years, especially among younger generations,» said Mike Flaskey, CEO of Diamond Resorts. «We’ve seen this trend first-hand at our properties and with the Diamond Resorts Tournament of Champions. This year’s tournament was the most-watched season opener in 12 years and ratings have grown 10 percent year-over-year. Golf is the perfect way to stay active, get outdoors and have fun, and we are proud to offer once-in-a-lifetime experiences to novices and pros alike!»

According to the National Golf Foundation, rounds of golf played are up nearly 50 percent this winter compared to 2019, and up significantly over the entire year as players flock to the socially distant sport.

Known for providing its members with unforgettable entertainment experiences, Diamond Resorts has resumed private events under strict safety protocols. In January, the Diamond Resorts Tournament of Champions opened the LPGA season in Orlando. Throughout the year, Diamond members will have special access to reserve spots at upcoming events with Diamond Celebrity ambassadors like country music stars Jana Kramer, Colt Ford, Cole Swindell, and sports legends like Michael Waltrip and golf greats.

ABOUT DIAMOND RESORTS®
Diamond Resorts offers destinations, events and experiences to help members make a habit of breaking from the routine. From unforgettable getaways to exclusive concert series to VIP receptions and dinners, members turn to Diamond to recharge, reconnect and remind each other what matters most. Our focus on quality resorts, customer service and flexibility means members can return to a favorite resort, book a cruise to explore new countries or attend a once-in-a-lifetime event with the same level of confidence and anticipation. With access to a world of entertainment and activities, a Diamond membership ensures that people are always looking forward to vacation.

To learn more about Diamond Resorts, visit DiamondResorts.com or follow @DiamondResorts on Twitter, Facebook and Instagram. To learn more about the Diamond Resorts Tournament of Champions, visit DiamondLPGA.com and follow @TheVacationDR on Twitter and Instagram. Join the social conversation with #DiamondLPGA.

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SOURCE Diamond Resorts

MoneyGram Advances Mobile Wallet Capabilities with Five-Year Extension to Ooredoo Qatar Partnership

Renewal enables MoneyGram and Ooredoo customers to continue to send money in near real-time to family and friends through Ooredoo Money Wallet

Ooredoo Qatar, the Company’s first fully digital partner in 2012, experienced impressive triple digit YoY transaction growth in 2020

DALLAS, March 4, 2021 /PRNewswire-HISPANIC PR WIRE/ — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a five-year…

Renewal enables MoneyGram and Ooredoo customers to continue to send money in near real-time to family and friends through Ooredoo Money Wallet

Ooredoo Qatar, the Company’s first fully digital partner in 2012, experienced impressive triple digit YoY transaction growth in 2020

DALLAS, March 4, 2021 /PRNewswire-HISPANIC PR WIRE/ — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a five-year extension to its partnership with Ooredoo Qatar, the leading telecommunications operator in Qatar. The renewal enables MoneyGram customers to continue to send money in near real-time to family and friends through Ooredoo Money Wallet, a virtual account that allows customers to easily deposit, access or withdraw money.

«We’re excited to extend our partnership with Ooredoo Qatar for another five years as we continue to build upon the strong momentum in our digital transformation,» said Alex Holmes, MoneyGram Chairman and CEO. «As our first fully digital partner back in 2012, Ooredoo has been a driving force in our shift to digital in the Middle Eastern market, and we look forward to seeing our partnership continue to flourish in the years to come.»

Ooredoo was recently awarded «MoneyGram Global Agent of the Year» due to the explosive triple digit year-over-year transaction growth it experienced in 2020 as well as its collaborative strategy to further improve customer experience. As consumer demand for account deposit services and digital options continues to increase, MoneyGram and Ooredoo Qatar are giving consumers the opportunity to send and receive money from the comfort of their own homes, which has been especially important in the last year.

«With Qatar being one of the largest outbound international remittance markets, our strategic partnership with MoneyGram continues to help connect friends and family around the world through fast, convenient and affordable money transfer services,» said Fatima Sultan Al Kuwari, Chief Consumer Officer at Ooredoo Qatar. «The length of the new contract term is a testament to the strength and ongoing success of this partnership, and we are excited about what this means for the future of digital remittances in the Middle East.» 

About MoneyGram International, Inc.
MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with 90 now digitally enabled.

MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world’s leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business.

With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world’s best customer experience, MoneyGram is leading the evolution of digital P2P payments.

For more information, please visit MoneyGram.com and follow @MoneyGram.

About Ooredoo
Ooredoo is Qatar’s leading communications company, delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses. As a community-focused company, Ooredoo is guided by its vision of enriching people’s lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential.

MoneyGram Media Contact
Stephen Reiff
media@moneygram.com

MoneyGram Logo

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Logo – https://mma.prnewswire.com/media/600838/MoneyGram_International_Logo.jpg

SOURCE MoneyGram

AEP Energy Partners Seeks Wind, Solar and Storage Projects in PJM

COLUMBUS, Ohio, March 4, 2021 /PRNewswire/ — AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company (Nasdaq: AEP), is seeking proposals for off-take from new solar, new/repowered wind facilities, and stand-alone or co-located Battery Energy Storage Systems (BESS) located in PJM. 

For the PJM sited projects, the company is seeking renewable energy purchase agreements of 10, 12 or 15 years for solar, wind facilities (including incremental power from repowering),…

COLUMBUS, Ohio, March 4, 2021 /PRNewswire/ — AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company (Nasdaq: AEP), is seeking proposals for off-take from new solar, new/repowered wind facilities, and stand-alone or co-located Battery Energy Storage Systems (BESS) located in PJM. 

For the PJM sited projects, the company is seeking renewable energy purchase agreements of 10, 12 or 15 years for solar, wind facilities (including incremental power from repowering), and BESS that begin operation between 2021 and 2024.

AEPEP will use the contracted offtake to support the company’s growing retail, which includes the company’s Integrated Renewable Energy (IRE) solution, and wholesale loads in PJM. 

Notice of intent to bid must be received by AEPEP by Wednesday, March 10, 2021. Proposal packages are due no later than 5 p.m. ET, Friday, March 26, 2021 and should be submitted by e-mail to beduckworth@aepes.com. Complete details about the Requests for Proposals are available at http://aep.com/rfp or by calling Ben Duckworth at (614) 583-7453.

American Electric Power, based in Columbus, Ohio, is focused on building a smarter energy infrastructure and delivering new technologies and custom energy solutions to our customers. AEP’s approximately 16,800 employees operate and maintain the nation’s largest electricity transmission system and more than 223,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.5 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 30,000 megawatts of diverse generating capacity, including more than 5,300 megawatts of renewable energy. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide. For more information, visit aep.com.

(PRNewsfoto/American Electric Power)

 

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SOURCE American Electric Power

MoneyGram Advances Mobile Wallet Capabilities with Five-Year Extension to Ooredoo Qatar Partnership

DALLAS, March 4, 2021 /PRNewswire/ — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a five-year extension to its partnership with Ooredoo Qatar, the leading telecommunications operator in Qatar. The renewal enables MoneyGram customers to continue to send money in near real-time to family and friends through Ooredoo Money Wallet, a virtual account that allows customers to easily…

DALLAS, March 4, 2021 /PRNewswire/ — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a five-year extension to its partnership with Ooredoo Qatar, the leading telecommunications operator in Qatar. The renewal enables MoneyGram customers to continue to send money in near real-time to family and friends through Ooredoo Money Wallet, a virtual account that allows customers to easily deposit, access or withdraw money.

«We’re excited to extend our partnership with Ooredoo Qatar for another five years as we continue to build upon the strong momentum in our digital transformation,» said Alex Holmes, MoneyGram Chairman and CEO. «As our first fully digital partner back in 2012, Ooredoo has been a driving force in our shift to digital in the Middle Eastern market, and we look forward to seeing our partnership continue to flourish in the years to come.»

Ooredoo was recently awarded «MoneyGram Global Agent of the Year» due to the explosive triple digit year-over-year transaction growth it experienced in 2020 as well as its collaborative strategy to further improve customer experience. As consumer demand for account deposit services and digital options continues to increase, MoneyGram and Ooredoo Qatar are giving consumers the opportunity to send and receive money from the comfort of their own homes, which has been especially important in the last year.

«With Qatar being one of the largest outbound international remittance markets, our strategic partnership with MoneyGram continues to help connect friends and family around the world through fast, convenient and affordable money transfer services,» said Fatima Sultan Al Kuwari, Chief Consumer Officer at Ooredoo Qatar. «The length of the new contract term is a testament to the strength and ongoing success of this partnership, and we are excited about what this means for the future of digital remittances in the Middle East.» 

About MoneyGram International, Inc.
MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with 90 now digitally enabled.

MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world’s leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business.

With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world’s best customer experience, MoneyGram is leading the evolution of digital P2P payments.

For more information, please visit MoneyGram.com and follow @MoneyGram.

About Ooredoo
Ooredoo is Qatar’s leading communications company, delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses. As a community-focused company, Ooredoo is guided by its vision of enriching people’s lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential.

MoneyGram Media Contact
Stephen Reiff
media@moneygram.com

 

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SOURCE MoneyGram

Sweeping Corporation of America Acquires CleanStreet & Pacific Sweeping

CLEVELAND, March 4, 2021 /PRNewswire/ — Sweeping Corporation of America («SCA»), the largest power sweeping company in the United States, completed the purchase of CleanStreet Inc. («CleanStreet») and Pacific Sweeping («Pacific») (collectively, the «Companies»). The acquisitions mark the first expansion into California for SCA. Terms of the transactions were not disclosed.

The Companies are leading providers of street…

CLEVELAND, March 4, 2021 /PRNewswire/ — Sweeping Corporation of America («SCA»), the largest power sweeping company in the United States, completed the purchase of CleanStreet Inc. («CleanStreet») and Pacific Sweeping («Pacific») (collectively, the «Companies»). The acquisitions mark the first expansion into California for SCA. Terms of the transactions were not disclosed.

The Companies are leading providers of street sweeping services to California municipalities, private contractors, and commercial properties.  SCA’s acquisitions are the most recent examples of its commitment to partnering with best-in-class operators who service attractive, growing markets. CleanStreet founder, Jere Costello, and Pacific owner, Lee Miller, will remain in place to support the growth of the combined companies. These acquisitions add 200 employees and 190 vehicles in seven locations throughout California.

«SCA’s expansion into California is consistent with our strategy of building a nationwide presence,» said Christopher Valerian, President & CEO, SCA. «CleanStreet and Pacific represent industry leading companies with decades of successful operation.  We look forward to continuing Jere and Lee’s tradition of excellence and providing support to their talented workforce as we continue our growth plans in California

CleanStreet and Pacific mark the first two acquisitions for SCA in 2021. In 2020, SCA completed nine acquisitions of best-in-class sweeping services companies to expand its presence and customer base in key markets.  With these transactions, SCA grew its team to over 1,100 employees in its 40 locations.

ABOUT SCA
Headquartered in Cleveland, Ohio, SCA is the largest power sweeping services company in the United States. SCA self-performs power sweeping for highways, streets, industrial and commercial applications for both private and government entities. For more information on SCA, please visit www.sweepingcorp.com.

ABOUT CLEANSTREET
Founded in 1966, and based in Gardena, California, CleanStreet provides sweeping services to municipalities and commercial customers. CleanStreet specializes in delivering superior and reliable customer service to its extensive customer base across California.  Operating out of six facilities across the state, CleanStreet services +60 municipalities with a fleet of +120 sweepers.

ABOUT PACIFIC SWEEPING
Founded in 1962, and based in San Marcos, California, Pacific Sweeping has been sweeping San Diego and Southern California Cities and Counties for more than 40 years. The Company primarily provides services to municipalities, commercial businesses, and general contractors.

CONTACT:
Sweeping Corp of America:
Michael Latanza, Executive Vice President
mlatanza@sweepingcorp.com
407-509-4521

Cision View original content:http://www.prnewswire.com/news-releases/sweeping-corporation-of-america-acquires-cleanstreet–pacific-sweeping-301240141.html

SOURCE Sweeping Corp of America

DuPont Water Solutions and Waterise Collaborate Toward Sustainable Subsea Desalination

WILMINGTON, Del., March 4, 2021 /PRNewswire-PRWeb/ — DuPont (NYSE:DD) today announced that it has entered into a collaboration with Waterise to provide seawater reverse osmosis membranes and expertise to the company’s subsea desalination plants.

Subsea reverse osmosis (RO) desalination presents a sustainable and more economical new way to turn seawater to freshwater. As subsea desalination leverages the natural hydrostatic pressure found at the depths of the sea to run the reverse osmosis,…

WILMINGTON, Del., March 4, 2021 /PRNewswire-PRWeb/ — DuPont (NYSE:DD) today announced that it has entered into a collaboration with Waterise to provide seawater reverse osmosis membranes and expertise to the company’s subsea desalination plants.

Subsea reverse osmosis (RO) desalination presents a sustainable and more economical new way to turn seawater to freshwater. As subsea desalination leverages the natural hydrostatic pressure found at the depths of the sea to run the reverse osmosis, it reduces the energy requirements of conventional RO desalination by 40 percent. It also requires 80 percent less coastal land than land-based plants, presenting a viable option for communities with limited space. From an environmental perspective, subsea desalination requires lower amounts of pretreatment chemicals and eliminates the discharge of concentrated brine into coastal waters.

As Waterise’s patented desalination units reside on the sea floor, Waterise sought the most durable, longest-lasting reverse osmosis element on the market—ultimately focusing on DuPont’s FilmTec™ seawater membranes.

«As we look to increase access to fresh water and enable a water optimized world, we are energized by opportunities to collaborate on innovative solutions to water purification, conservation and reuse,» said HP Nanda, global vice president and general manager, DuPont Water Solutions. «We are excited about Waterise’s new approach to desalination that not only reduces water scarcity, but also minimizes energy consumption and environmental impact.»

In addition to exclusively using DuPont’s FilmTec™ seawater membranes for all systems, DuPont and Waterise will share knowledge and expertise, as well as collaborate on research and development toward the mission to advance the subsea desalination operations and performance.

«I am delighted to announce that Waterise is collaborating with DuPont as part of our program to identify and establish collaboration with world leading companies which produce components needed to construct a Waterise desalination unit,» says Niels Petter Wright, CEO, Waterise.

DuPont Water Solutions (DWS) is a leader in sustainable water purification and separation technologies, including ultrafiltration, reverse osmosis (RO) membranes and ion exchange resins. DuPont has been innovating and producing solutions in support of desalination for more than 40 years. The company continues to be at the forefront of reverse osmosis products that pursue sustainability—from lower energy membranes to the recent launch of dry-tested seawater reverse osmosis (SWRO)—as well as the continuous enhancement of membrane durability to enable extremely long membrane lifetimes.

Waterise is a Norwegian company with a groundbreaking and ready to go to market technology for desalination. The subsea desalination solution combines existing reverse osmosis technology with established Norwegian subsea technology and off-the-shelf equipment from leading global subsea suppliers. By reducing land and energy use and providing a standardized and module-based system, Waterise´s solutions will deliver fresh water with substantially reduced investment and operating costs compared to any other technology.

Desalination removes salt and other chemicals from seawater to produce freshwater for municipal, agricultural, energy or industrial use. The world’s oceans contain over 97 percent of the planet’s water resources, providing an essentially unlimited raw material for seawater desalination.

About DuPont Water & Protection
DuPont Water and Protection is a global leader in creating water, shelter and safety solutions for a more sustainable world; enabling its customers to win through unique capabilities, global scale and iconic brands including Kevlar®, Nomex®, Tyvek®, Corian® Design, GreatStuff™, Styrofoam™, and FilmTec™.

About DuPont

DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety. More information about the company, its businesses and solutions can be found at http://www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.

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DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, SM or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.

3/3/21

For further information contact:
Anna Gemolas
Anna.gemolas@dupont.com
301-751-2911

Niels Petter Wright, Waterise AS
niels.petter.wright@waterise.com

Borja Blanco, Waterise AS
borja.blanco@waterise.com

Media Contact

Anna Gemolas, DuPont, 301-751-2911, Anna.gemolas@dupont.com

 

SOURCE DuPont