News Archives - Page 231 of 721

WednesdayOct 19, 2022 9:00 am

Flora Growth Corp. (NASDAQ: FLGC) Building Portfolio of Brands that Resonates with End Consumers as It Targets Margins and Profitability

Flora Growth is a global cannabis company building a connected, design-led collective of plant-based wellness and lifestyle brands The company’s portfolio of brands is designed to deliver the most compelling customer experiences in the world Through its M&A strategy, Flora Growth has brought on board brands like JustCBD, Vessel Brands Inc., Masaya, No Cap Hemp Co., and Mambe Flora hopes to establish meaningful connections with consumers through these brands, which will enable it to increase its margins and profitability The cannabis industry has gone global, undergoing a sea change in commercialization, normalization, and liberalization. According to a report by New…

TuesdayOct 18, 2022 1:30 pm

CubCrafters Inc. Appeals to Soaring Market Segment with Light Bush Plane Product, Pending Public Offering

The market for light and ultralight aircraft is expected to grow at a CAGR of 5.9 percent between 2022 and 2030, achieving sales of $11.9 billion Backcountry aircraft developer CubCrafters is awaiting SEC qualification for a public offering, to take advantage of rising interest in this sector of the aviation industry The Yakima, Wash.-based company has been building airplanes modeled on the classic Piper PA-18 Super Cub for over 40 years and has advanced to designing its own aircraft based on the same legacy Yakima, Wash.-based aircraft manufacturer CubCrafters has started a takeoff roll toward blue skies that offer the…

TuesdayOct 18, 2022 12:45 pm

GeoSolar Technologies Inc. Set to Benefit as Clean Energy Emerges as One of the Most Certain Economic Trends

Inflation Reduction Act flips the script of green economy; until recently economic growth took primacy over energy transition; now they go hand in hand Credit Suisse cites clean energy as safe, smart, government-backed bet for conservative investors; moreover, it is expected to perform regardless of the macro environment As a company empowering homeowners and businesses to achieve Net-Zero, GeoSolar well positioned to capitalize on this growing green momentum The days of assuming that we need economic growth before we can start tackling climate change are gone. Once an afterthought dependent on the upward trajectory of the broader economy, now climate…

TuesdayOct 18, 2022 12:00 pm

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Releases Positive Results From Silver-Tin Polymetallic Project in Bolivia

Eloro Resources is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru, and Quebec Company released positive results from 21 diamond drill holes at Iska Iska Bolivia project revealing silver, tin, zinc, lead New borehole geophysical data expanding Santa Barbara high-grade feeder zone with potential strike length of at least 2 kilometers Eloro has option to acquire 99 percent interest in the Iska Iska property, owns 82 percent interest in La Victoria Gold/Silver project in Peru Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), a publicly traded exploration and mine development company…

TuesdayOct 18, 2022 11:15 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Expands Production Facilities; Names CFO to Oversee Company’s Next Growth Stage

The Renewable Natural Gas (“RNG”) market is forecast to grow to an annual market size of $72.13 billion by 2027 EverGen purchased a 66% stake in Albert-based agri operation, GrowTEC for a gross consideration of $2.1 million EverGen are in the process of building out the required infrastructure needed to inject the company’s RNG production into the local electric grid Elsewhere, the company also announced that Sean Hennessey would take over the vacant CFO position, substituting the company’s existing interim CFO, Natasha Monk On October 9th, Chevron announced their intention to produce and market dairy biomethane as a renewable natural…

TuesdayOct 18, 2022 10:30 am

Correlate Infrastructure Partners Inc. (CIPI) Expanding as Solar Adoption is Projected to Grow by 30% in 2022

Correlate’s strategic investments in clean electrification solutions and commercial solar infrastructure have earned the company a growing customer base, and an opportunity pipeline of over $100 million in commercial projects The company recognizes the rise in EV and solar adoption and looks to tap into this growth to increase its revenues, brand equity, and market reach Todd Michaels, the company’s Founder, President, and CEO, acknowledges that “It has never been a better time for [our] business” With solar and EV adoption set to grow significantly this year, and with the company’s recent acquisition and planned acquisitions, Correlate is set to…

TuesdayOct 18, 2022 9:45 am

Odyssey Health, Inc. (ODYY) Updates Progress of its Concussion Drug Development Program; Communicating with the FDA for permission to start phase II clinical trial of its PRV-002 Drug Candidate

Odyssey acquired IP and all rights to PRV-002, its lead drug candidate for the treatment of concussions, on March 1, 2021, and has since made notable progress in a strategic move to have the drug approved by the FDA Since the acquisition, the company has completed IND enabling studies and all cohorts for Phase I SAD and MAD clinical trials for its lead drug candidate In pre-clinical studies PRV-002 has demonstrated equivalent, if not superior neuroprotective effects compared to related neurosteroids, offering proof of reduced behavioral pathology associated with brain injury symptoms, easily crossing the blood-brain barrier to rapidly eliminate…

TuesdayOct 18, 2022 9:00 am

As Mercedes Sees Market Turning to EVs, Hillcrest Energy Technologies Ltd.’s (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA) Charging Technology Becomes Increasingly Important

The IEA sees EV sales hitting a record in 2022 after doubling in 2021 from 2020, while noting the lack of charging infrastructure as an obstacle for adoption Hillcrest Energy has developed a new class of inverters that convert DC output from batteries into AC input used by motors in EVs Hillcrest filed a patent application for new tech that eliminates the need for EVs to require and onboard charger, allowing for faster, anywhere charging During an interview last week with CNBC’s Jim Cramer, Mercedes-Benz CEO Ola Kallenius said he is seeing the market for luxury vehicles progressively turning towards…

MondayOct 17, 2022 12:00 pm

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Committed to Facilitating BTC Transactions Worldwide via Lightning Network

LQwD is focused on creating enterprise-grade infrastructure to drive bitcoin adoption and, develop institutional-grad services supporting the Lightning Network functionality, transaction capabilities, and bring BTC to scale LQwD Lightning Network nodes include Canada, France, Japan, England, Japan-Osaka, Australia, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West Currently servicing 17 countries, LQwD plans to increase reach to 24 worldwide by the end of the current quarter The global blockchain market was valued at US $4.67 billion in 2021 and is projected to reach US $7.18 billion in 2022, and then US $163.83…

MondayOct 17, 2022 11:15 am

Reklaim Ltd. (TSX.V: MYID) (OTCQB: MYIDF) Enables Users to Reclaim Online Data; Seeks to Expand Operations Through Acquisition of Multimedia Lists

Data Protection has increasingly become a focus around the globe, with the United States and Europe recently agreeing to implement a joint data privacy framework With one small company said to be successfully hacked every 19 seconds, losses attributed to data breaches in the United Kingdom alone amount to over £4 billion per annum Reklaim has centred its business model around enabling users to reclaim their data, delete it or in its stead, monetize it The company recently entered a non-binding letter of intent to purchase US-based Multimedia Lists to expand its top-line revenue and profitability further In 2004, Philip…

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