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ThursdayJan 27, 2022 11:07 am

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Appoints Award-Winning Expert as SVP of Global Operations

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced its appointment of operations and personnel development expert, Joël Reyes, as senior vice president of global operations. Reyes brings extensive experience in operations management and optimization, leadership and C-suite consultation and development, business development, and strategic consultative sales, both within startups and large corporations. “2022 is the year for Flora to rapidly grow sales and revenue, and being surgical in our operational execution at every touchpoint will be critical to achieving our goals,” said Luis Merchan, president and CEO of Flora Growth Corp.…

ThursdayJan 27, 2022 11:00 am

SPYR Inc. (SPYR) Subsidiary, Applied Magix, Announces Marketing Campaign with Dynamic TV Ads for MagixDrive Product

Applied Magix’s product selection for consumers includes The MagixDrive Wireless CarPlay Adapter, The HomeKit Secure Video Camera with iCloud Storage, The Multipurpose Sensor with Alarm, The Environment and Motion Sensor, and The Window and Door Contact Sensor The next phase of the ad campaign will ramp up the frequency of the ads and expand upon a higher interest profile of viewers Smart home market size was valued at $98.24 billion in 2020 and is expected to grow at a CAGR of 23.59% from 2021 to 2028 Technology company SPYR (OTCQB: SPYR), dba SPYR Technologies, announced the expansion of a comprehensive…

ThursdayJan 27, 2022 10:30 am

Sugarmade Inc.’s (SGMD) Progress in 2021 Leads to Strong Position in Growing Cannabis Space

A legal cannabis market size projected to grow at CAGR of 16.6% from 2022 to 2028 More than 3,500 peer-reviewed scientific papers studying cannabis were published in 2020 alone SGMD reaches key objectives, seeing key growth in 2021 After a year of impressive progress and growth, Sugarmade (OTC: SGMD) has established an enviable position in the legal cannabis market, a sector that is expected to see an estimated 16.6% growth in the coming years (https://ibn.fm/ELp2X). “The North America legal cannabis market size was valued at USD 12.4 billion in 2021 and is projected to grow at a compound annual growth rate…

ThursdayJan 27, 2022 10:27 am

QualityStocksNewsBreaks – RYAH Group Inc. (CSE: RYAH) Announces MOU with Bazelet Pharma Ltd., Closing of Initial Tranche of Private Placement

RYAH Group (CSE: RYAH) today announced its entry into a memorandum of understanding (“MOU”) with Bazelet Pharma Ltd. and affiliates (together, “Bazelet”), the largest medical cannabis processing company in Israel, serving thousands of patients. According to the update, the collaboration is aimed at servicing Bazelet's patients using RYAH Smart Inhalers and data analytics, once certified as a medical device in Israel, with the goal of providing safe and accurate patient inhalation therapies in plant medicine. “Bazelet brings extraordinary depth and expertise within a well-established and fast-growing medical cannabis market. We're excited to be collaborating with Bazelet in bringing our smart…

ThursdayJan 27, 2022 10:00 am

LiDAR Detects Merger Between Cepton and Growth Capital Acquisition Corp. (NASDAQ: GCAC) Drawing Near

Six LiDAR companies have gone public since 2020, raising $3.6+ billion as investors look for exposure to autonomous vehicles market Cepton is merging with Growth Capital Acquisition Corp GCAC in the coming weeks in a deal valuing Cepton at $1.55 billion, with $231 million in pro forma cash on its balance sheet Cepton has worked with the world’s biggest automotive OEMs, including General Motors and Ford, and garnered a $50 million investment for Japan’s Koito Manufacturing As the race to fully autonomous vehicles (“AVs”) heats up, one particularly important pocket of the AV and advanced driver assistance systems (“ADAS”) markets…

ThursdayJan 27, 2022 9:30 am

Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Vision Strengthens Company’s Position in Emerging Wellness Trend

Psychedelics pose potential as effective treatments for mental-health issues such as depression, anxiety, and substance abuse Well+Good says psychedelics “poised to change the course of mental health treatment” Cybin working to combine novel psychedelic molecules with controllable drug-delivery systems through proprietary deuterated process A USA Today article is touting psychedelics as the next big thing in mental health treatment (https://ibn.fm/3ZGGE). This forecast aligns perfectly with what Cybin (NEO: CYBN) (NYSE American: CYBN) has been working toward since the company started: a strategic psychedelics to therapeutics model that will transform the mental health space. “If you haven't heard about psychedelics being used as a treatment…

ThursdayJan 27, 2022 9:00 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Gains Full Cannabis Licensing to Rise in Michigan’s Developing Recreational Use Market

Multi-state cannabis operator Red White & Bloom Brands is developing opportunities strategically in sizable cannabis markets such as Michigan, Florida, Illinois, California, Arizona, Oklahoma and Massachusetts The company recently announced it has secured full licensing for manufacturing both medical and adult use cannabis products in Michigan, one of its key markets Red White & Bloom has closed on a lease assignment for a 15,000-square-foot manufacturing, processing and distribution facility in the state In Florida, Red White & Bloom settled a CAD$5.1 million debt at a favorable conversion price, granting the company an accounting gain of approximately CAD$2.3 million As Michigan…

WednesdayJan 26, 2022 1:36 pm

QualityStocksNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Strategically Pursuing Vertical Integration

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) is riding the popularity of its trademarked Platinum Vape to remarkable revenue growth, recording a 93% year-over-year increase in its recently released third-quarter financial report. “The financial results note that the majority of the company’s revenue comes from sales of cannabis finished products through third-party wholesaling to retailers, delivering quarterly revenue of $11.8 million and EBITDA of $5.9 million that reverses an EBITDA loss of $5.8 million in Q3 2020 for a gain of $11.9 million,” reads a recent article, which also includes comments by RWB chairman and CEO Brad Rogers…

WednesdayJan 26, 2022 1:22 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Marks Significant Milestone as It Seeks to Execute Ambitious Growth Strategy

FingerMotion (NASDAQ: FNGR) recently received approval for its application for up-listing to the Nasdaq Capital Market and subsequently commenced trading on Dec. 28, 2021, under the symbol FNGR. FingerMotion’s listing marks a significant milestone, particularly as it seeks to execute its ambitious growth strategy for the 2022 calendar year. A recent article quotes Martin Shen, the CEO of FingerMotion, on the move. “FingerMotion is very proud and excited to be joining the Nasdaq stock market as one of the newly listed technology companies,” Shen said. “We believe that listing on a senior stock exchange will create more value for our…

WednesdayJan 26, 2022 12:50 pm

QualityStocksNewsBreaks – SPYR Inc.’s (SPYR) Applied Magix Subsidiary Addressing Key Problem Facing Target Consumer Market

SPYR (OTCQB: SPYR) intends to capitalize on the burgeoning trend within the smart home products segment through its Applied Magix subsidiary. This tech company plans to develop and resell Apple-compatible products with an emphasis on the growing, multibillion-dollar internet of things (“IoT”) smart home and connected car markets. “In 2020, SPYR acquired Applied Magix Inc., a registered Apple developer and reseller of Apple-ecosystem-compatible products, to enter the global IoT market, initially through the development, manufacture and sale of devices and accessories specifically built on Apple’s HomeKit framework,” a recent article reads. “By focusing on creating smart hardware and software solutions…

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