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Sharon Personal Care Consolidates Recent Acquisitions

Sharon Personal Care

Sharon Personal Care, a leading global innovator and manufacturer of preservative solutions for cosmetics and personal care markets, has consolidated recent acquisitions that have broadened its green product portfolio while expanding its technology base and formulation capabilities. Founded in 1977 as Sharon Laboratories, the company developed a global reputation as a high-quality developer of innovative preservative solutions and grew into a leading global player in the cosmetics and personal care sector. Sharon Personal Care built on their successful foundation in 2022 with two key acquisitions. In March, they acquired Trezzo sull’Adda, Italy-based Res Pharma Industriale, expanding Sharon’s technology and ingredient portfolio and strengthening its position as a leading specialty provider to the cosmetics industry. The cosmetic division of Gorla Minore, Italy-based B&C S.p.A was acquired by the company later in the year. This strategic acquisition further expanded Sharon Personal Care’s catalog of cosmetic ingredients and enhanced the company’s focus on sustainable technology with the addition of B&C’s stable of functional ingredients and green phytoactive compounds, including delivery systems, emulsifiers and emollients. Sharon Personal Care has a track record of innovation combined with the ability to develop new solutions at light speed. The company’s new logo is modern and distinctive, and combined with the new Sharon Personal Care brand, it helps tell a story about the business, what it offers and how it conducts business with its customers, according to Naama Eylon, CEO of Sharon Personal Care: “The people at Sharon are passionate about personal care. We are in business to help our customers achieve their new ideas for products that perform and delight the consumer. We have specialized expertise and ingredient solutions for challenging market segments—such as wipes and sun care formulations. We are the first call for companies that are interested in innovating with these applications, and we help them take their ideas to market,” says Eylon. “With the acquisitions of Res Pharma and B&C completed, we look forward to sharing more news over the coming months.” For more information, visit the new Sharon Personal Care website at: www.sharonpc.com. About Sharon Personal Care Headquartered in Ashdod, Israel, Sharon Personal Care is a global supplier of innovative ingredient solutions for a broad range of personal care products – with specialized expertise in trending market segments. The company’s product portfolio includes unique preservatives, building blocks, and functional chemistries and active ingredients. Today’s Sharon has a proven track record of innovation combined with the ability to provide comprehensive solutions at light speed. With a solid foundation in environmentally sustainable chemistry, Sharon delivers multifunctional ingredient solutions that help differentiate personal care products in a fast-changing market. Established in 1977 by Dr. Danny Sommerfeld, the company employs more than 200 people worldwide, with manufacturing and scientific facilities on three continents. Sharon Personal Care is owned primarily by Tene Investment Funds (Tel Aviv), an Israeli private equity growth fund focused on the industrial and technology sectors. Media Contact: Resource Advantage Dan Green dgreen@resourceadv antage.com Company Contact: Sharon Personal Care Laura Mills laura@sharonpc.com Contact Details Resource Advantage Dan Green dgreen@resourceadvantage.com Company Website https://sharonpc.com/

February 01, 2023 10:34 AM Eastern Standard Time

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Dauphin Island Sea Lab opens state-of-art water-based research facility in Alabama

Dauphin Island Sea Lab

The Dauphin Island Sea Lab (DISL) is proud to announce the recent completion of its newest research facility- a multi-stressor wet lab. This water-based research facility is at the forefront of research facilities in the United States. It will expand the research opportunities for students, faculty, and visiting researchers at the Dauphin Island Sea Lab. A ribbon-cutting ceremony for the new multi-stressor wet lab was held on Monday, January 23, 2023, with U.S. Treasury Department representative Dr. Bridget Cotti-Rausch, Alabama State Senator David Sessions (R-Grand Bay), and Dr. Amy Hunter with the Alabama Department of Conservation and Natural Resources (ADCNR). In this new facility, researchers will be able to examine how marine organisms respond to multiple changes in environmental conditions simultaneously. These conditions include oxygen pH, salinity, and temperature. In comparison, most research wet labs only allow a researcher to examine the impact of one stressor at a time and establish a threshold for a single environmental change. However, this new multi-stressor lab at DISL will allow researchers to examine how one environmental change could be impacted by another at the same time. “This could be called a time machine, because we will be able to expose marine organisms to future conditions of varying levels,” DISL Senior Marine Scientist Dr. John Lehrter explains. “When you start to expose animals to multiple stresses, the threshold identified for one stress may change based on the combination of stresses exposed at one time.” “We’re going to have nutrient loading and we’re going to have warmer temperatures and we don’t know the consequences of those factors with our existing stressors to drive the productivity of the Gulf of Mexico,” DISL’s Executive Director Dr. John Valentine expressed during the ribbon cutting of the new facility. “We’re now set to do cutting-edge research that has global significance too.” The DISL campus was built from a repurposed U.S. Air Force base, and the wet lab has given new life to the facility’s original generator building. “Giving a nod to the fiscal stewardship of DISL, we were able to take an existing campus asset, and with support from the Alabama Legislature, transform it into a state-of-the-art research facility that will provide students, faculty, and researchers from the Marine Environmental Sciences Consortium with opportunities not found anywhere else,” says Valentine. Dr. Hunter with ADCNR commented on the transformation during the ribbon cutting, “This is exciting for the Sea Lab, for the Gulf Coast, and just for me personally as a former student and graduate of the Sea Lab to see what this used to be, which was when I was here an old storage facility to turn into this state of the art, multi stressor facility, that can really let us know what's going on here in our backyard.” Additional funding was provided by the U.S. Department of Treasury/Alabama Department of Conservation and Natural Resources Centers of Excellence Program under the Resources and Ecosystem Sustainability, Tourist Opportunities, and Revived Economies of the Gulf States Act, also known as the RESTORE ACT, signed on July 6, 2012. Initially, the new wet lab will be instrumental for research projects funded through the Alabama Center of Excellence but will be available to researchers throughout the 22 Colleges and Universities that comprise the Marine Environmental Sciences Consortium in the near future. Some of the first projects that will utilize the lab include the impact of water quality changes on phytoplankton productivity and understanding what changes impact oyster recruitment in Alabama’s Coastal Waters. These are two projects funded by the Alabama Center of Excellence. Media Inquiry: Angela Levins, PR Director, DISL, 251-591-1865 (c), 251-861-2141, ext. 7509, (o) The Dauphin Island Sea Lab (DISL) is proud to announce the recent completion of its newest research facility- a multi-stressor wet lab. This water-based research facility is at the forefront of research facilities in the United States. It will expand the research opportunities for students, faculty, and visiting researchers at the Dauphin Island Sea Lab. Contact Details Dauphin Island Sea Lab Angela Levins +1 251-591-1865 alevins@disl.edu

February 01, 2023 09:00 AM Central Standard Time

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UC Asset Will Cut Overhead To Increase Net Profit By $200K-300K

UC Asset LP

McapMediawire -- UC Asset LP (OTC: UCASU ) management announces that they will cut the company’s overhead by 30-40% for the year of 2023. This is projected to increase the company’s net profit by approximately $200,000 to $300,000. The company set its gross profit goal for the year of 2023 at $1 million. By the end of January, the company has sold a farmland and generated about $550,000 gross profit in cash. Therefore, it has achieved more than half of its annual gross profit goal in the very first month of the year. Now the management avows to reduce overhead cost, so that more of its gross profit will become net profit. Among other things, the company will considerably reduce the compensation paid to its management team, probably by 40%. “Even before the reduction, our management team only receive moderate amount of payment. Last year, management team received approximately $188,000 of compensation from the company,” says Greg Bankston, managing general partner of UC Asset, “This year, we will likely decrease the compensation to our management team by approximately $70,000.” “Our management team are committed to long term growth of our company. From the conception of UC Asset, our goal has been to build a portfolio of hundreds of million dollars,” asserts Larry Wu, founder of UC Asset. “We are not here working for instant paychecks. We are working for the long-term goal to build a company of greatness, and we are very confident that we will be compensated eventually for our success.” The reduction of overhead cost may add an extra net profit of $0.04 - $0.06 per share. According to its most recent annual report, the company posted net income of $0.13 per share for the year of 2021, which represented 400% growth over its $0.03 per share net income for the year of 2020. UC Asset had made cash dividend distribution twice in the past 5 years. Last year, it distributed $0.10 per share dividend to its shareholders. About UC Asset LP UC Asset LP is a limited partnership formed for the purpose of investing in real estate with innovative strategies. For more information about UC Asset, please visit: www.ucasset.com Disclaimer: This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed. For More Information Contact: IR@UCasset.com Contact Details Larry Wu IR@UCasset.com Company Website http://www.ucasset.com/

February 01, 2023 09:00 AM Eastern Standard Time

News Release

Nextleaf Solutions releases year-end results showing revenue rising by 52%

Nextleaf Solutions Ltd

Nextleaf Solutions CEO Paul Pedersen joined Steve Darling from Proactive to share news the company has released its year-end financial results showing a healthy increase in revenue and other metrics. Pedersen told Proactive more about where the company sees the biggest growth and what the plan is for 2023 to help grow the business and its key Glacier Gold brand. Contact Details Proactive +1 604-688-8158 na-editorial@proactiveinvestors.com

February 01, 2023 08:00 AM Eastern Standard Time

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Kromek Group "taking growth momentum" into second half

Kromek Group PLC

Kromek Group PLC (AIM:KMK) CEO Arnab Basu speaks to Proactive's Thomas Warner after publishing interim results that revealed revenue growth of more than 40%. Basu explains what's currently driving growth for the business and looks ahead to where he expects growth to come from in the future. He says that Kromek is "taking growth momentum" into the second half of its financial year. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 01, 2023 07:44 AM Eastern Standard Time

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BiVictriX Therapeutics reports "really exciting" BCX001 data

BiVictriX Therapeutics PLC

BiVictriX Therapeutics PLC (AIM:BVX, OTC:BVTXF) founder and CEO Tiffany Thorn speaks to Proactive's Thomas Warner after reporting positive results from a preclinical study of lead molecule BVX001, that she describes as "really exciting." Thorn explains the significance of the results and reveals how the business intends to move forward with the molecule having now established its "highly favourable" safety profile. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 01, 2023 07:33 AM Eastern Standard Time

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Voyager Life rewards programme will help integrate online and high street outlets

Voyager Life PLC

Voyager Life PLC (AQSE:VOY) chief executive Nick Tulloch speaks to Proactive's Thomas Warner after announcing the launch of a new loyalty programme. He explains the reasons for introducing the scheme, highlighting the need to integrate Voyager's online and high street offerings. He also gives an update on the facility in Poland that the business acquired at the beginning of the year. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 01, 2023 07:25 AM Eastern Standard Time

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Proactive's John Savin publishes fresh research note on Oxford Cannabinoid Technologies

Oxford Cannabinoid Technologies Holdings PLC

Proactive research analyst John Savin speaks to Thomas Warner after publishing a new report on Oxford Cannabinoid Technologies Holdings PLC (LSE:OCTP, OTCQB:OCTHF), in which he looks ahead to what investors can expect from the business on the clinical side during 2023. Savin gives the highlights from the report and discusses the company's financial position. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 01, 2023 06:42 AM Eastern Standard Time

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Can a Cannabis Bridge Loan Cover the Gap Between Long-Term Financing?

Canna Business Resources

Financing a purchase or refinancing a loan can be difficult — especially if you don't have adequate credit history. But there are several options available that can make the process easier. One borrowing option is a bridge loan, which can cover the gap between your current financing and the long-term financing you are waiting for. Bridge loans differ from long-term loans in that they have shorter terms and a higher interest rate than long-term loans. They are only a temporary solution until you have obtained the long-term financing you need. This article will help you understand the ins and outs of getting a bridge loan, using it correctly and dealing with lender requirements. What Are Bridge Loans? A bridge loan is a specific type of short-term loan that is used to cover the gap between when you make your purchase or refinance your current mortgage and when you have a long-term financing option in place. This type of financing is often used by small-business owners who want to purchase real estate, equipment or other capital-intensive business needs but lack the necessary funds to do so. Several types of bridge loans are available to help you meet your financing needs while waiting for the long-term financing you are looking for. How Does a Bridge Loan Work? While a traditional mortgage can cover you for up to 30 years, depending on your income and other factors, a bridge loan is used only for a specific amount of time. You can usually apply for one right after you receive approval for your mortgage, and your lender can help you determine which type of bridge loan is right for you. Many types of bridge loans are available, and they vary in the amount you can borrow, interest rate, fees and other conditions. Each type of bridge loan has slightly different eligibility requirements you must meet to be approved. You will also need to provide the lender with certain information about yourself and your business. Your lender will need to know your personal and business credit score and the income and credit history of your business and its owners. It is important that you understand what you are getting into before you agree to the loan terms. Steps to Getting a Bridge Loan If you’re seeking a bridge loan, these are the steps you need to take to make sure you can get one. Step 1. Find a lender Just like when you are applying for a traditional mortgage, the first step in getting a bridge loan is finding a lender that will approve your application. Because bridge loans are less common than standard mortgages, you will have limited options when it comes to lenders. Some of the lenders that may be able to work with you include banks, mortgage brokers and other financial lenders. It is important to shop around and compare your options to find the one that best meets your needs. Step 2. Apply for a loan After you find a lender to work with, you will need to apply for a bridge loan by submitting the application and supporting materials requested by the lender. In most cases, you will be asked to submit the following documents: Completed loan application form Personal financials with assets and liabilities Proof of income and employment history W-2 forms and tax returns Copy of federal ID Credit report and credit score Income and asset information for the owners of the business being financed Most lenders will require at least three years of income tax returns for the applicant as well as proof of ownership for the property being financed. Additionally, most lenders will require you to provide personal financial statements documenting your assets and liabilities as well as your monthly income and expenses. Some lenders may also require an appraisal of the property being financed to determine the value of the property and whether it meets the minimum value requirements for a bridge loan. Step 3. Wait for a decision Once you have submitted the necessary documentation to your lender, it will usually take between one and two weeks for your application to be reviewed, but some lenders have fast financing options that can happen within days. This may not always be the case, however, as some lenders may take longer to provide you with a decision than others. Regardless, getting a decision for a bridge loan is generally always faster than getting approved for a long-term loan. Bridge Loan Example Say you are moving your dispensary to a new and improved brick-and-mortar location, but the property where your store is currently located is not yet for sale, sold or vacant. In this situation, you could take out a bridge loan to finance the purchase of the property until you are ready to sell it. You would use this loan to purchase the property until you are able to sell your current property and repay the bridge loan with the proceeds of the sale. This approach would allow you to take advantage of the low-interest rate associated with bridge loans while still giving you time to sell the property or find another financing option if you are not able to sell the property in a reasonable amount of time Considerations With Bridge Loans Reading a loan agreement carefully to make sure you understand everything before signing it is just as key as a traditional loan. Paying attention to bridge loan terms will help ensure that you do not default on the loan. If you fail to make payments on your loan, the lender will have the option to take the property back or pursue legal action against you to recover the debt. The lender will also have the right to seize your property if you become delinquent on your mortgage payments. To avoid any problems down the road, make sure you fully understand the terms of your loan before you agree to them. Do Costs Outweigh the Benefits? Bridge loans can be 2% of the total cost of the loan, on top of the thousands of dollars it can cost to get the loan and other fees. If you need the loan, but don’t have the cash flow to deal with excessive costs, the costs might outweigh the benefits for you. Can You Repay The Loan? A bridge loan is generally only taken out when you know a longer-term loan is on its way, that way the longer-term loan can pay back the bridge loan. If you can’t pay off your bridge loan you can lose the property or equipment you’re trying to buy. Is a Bridge Loan Right for Your Needs? Aside from bridge loans, plenty of other short-term loan options are available. Bridge loan alternatives include: Blanket loans Personal loans 80-10-10 loans Home equity lines of credit (HELOCs) Bridge Your Financing Gap A bridge loan can get you where you need to get faster, but is a bridge loan the right thing for you? If the terms are correct for your situation, a bridge loan can get you out of a financial bind, but make sure you understand what you’re signing up for to create the perfect plan to get your business in the right place. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Canna Business Resources info@cannabusinessresources.com Company Website https://cannabusinessresources.com/

January 31, 2023 03:58 PM Eastern Standard Time

Healthcare

Sharon Personal Care Consolidates Recent Acquisitions

Dauphin Island Sea Lab opens state-of-art water-based research facility in Alabama

UC Asset Will Cut Overhead To Increase Net Profit By $200K-300K

Nextleaf Solutions releases year-end results showing revenue rising by 52%

Kromek Group "taking growth momentum" into second half

BiVictriX Therapeutics reports "really exciting" BCX001 data

Voyager Life rewards programme will help integrate online and high street outlets

Proactive's John Savin publishes fresh research note on Oxford Cannabinoid Technologies

Can a Cannabis Bridge Loan Cover the Gap Between Long-Term Financing?