News Archives - Page 268 of 721

ThursdayJun 23, 2022 11:15 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Buying 50% of Project Radius and Up to 5 Percent of Its Own Stock

EverGen has initiated a share buyback program, or normal-course issuer bid as it is called in Canada The Company is allowed to repurchase 668,370 shares of its common stock, representing ~5% of the total shares issued and outstanding. The shares will be retired. With an established RNG footprint in Western Canada, EverGen entered the Eastern markets in May with an agreement to acquire 50% of Project Radius In the U.S., it’s called a share repurchase plan. In Canada, it’s a normal-course issuer bid (“NCIB”). Whatever the name, a company buying back shares in the open market and retiring them is…

ThursdayJun 23, 2022 10:30 am

Golden Matrix Group Inc.’s (NASDAQ: GMGI) AI-Powered I-Gaming Systems Fuel Revenue Growth Despite Looming Recession

Online gambling growing despite recession fears, expected to reach $115.13 billion by 2026 at CAGR of 9.2% GMGI leads industry with modular, turnkey, and white label gaming platforms compatible with all major browsers, operating systems, devices GM-X gaming systems collect player data, leverage AI algorithms to enhance gaming experience, increase player retention, boost B2B client profitability Online gambling continues to grow globally and is expected to reach $81.08 billion in 2022 at a compound annual growth rate (“CAGR”) of 10.4% (https://ibn.fm/CqiDg). Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, leads the…

ThursdayJun 23, 2022 9:45 am

Friendable Inc. (FDBL) Future Growth Initiatives to Include VIP Backstage Performances, Metaverse Land, and More

Friendable continues to show positive growth with key metrics reporting for press, social media, and overall engagement Estimated media value of all initiatives over the last nine months amounted to $1.1 million The outcome of the metrics has provided the credibility needed for the company to take the next step in their artist offering by providing VIP backstage performances, Metaverse Land opportunities and other features Friendable (OTC: FDBL), a mobile technology and marketing company, has monitored the initial trends of its brand messaging, awareness, and social media campaigns for the last nine months and is pleased to announce the results…

ThursdayJun 23, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Grants Licenses to Three Companies for the Month of June; Looks to Follow Through with its Scheduled 2022 Clinical Studies

Lexaria sold Premier Wellness Science Co. exclusive rights to use its patented DehyraTECH(TM) in Japan in a variety of CBD products Valcon Medical A/S also signed an agreement with Lexaria to use its platform for medical cannabis applications in Europe AnodGen Bioceuticals received a pharmaceutical license to use the platform for manufacturing and distributing CBD API powders in Europe, Australia, and New Zealand Lexaria Bioscience (NASDAQ: LEXX) kicked off the month by announcing an exclusive license to Premier Wellness Science Co. for the use of its patented DehydraTECH(TM) technology in Japan in a variety of CBD products. Announced on June…

WednesdayJun 22, 2022 12:45 pm

Meta Materials Inc. (NASDAQ: MMAT) (FSE: MMAT) Strengthens Portfolio of Battery Materials with Strategic Acquisition of Optodot Corporation

Meta Materials, an inventor, designer, developer, and manufacturer of sustainable, highly functional materials, recently entered into a definitive agreement to acquire substantially all the assets and intellectual property of Optodot Corporation The acquisition will expand Meta’s proprietary portfolio of battery materials with Optodot’s NPORE(R) separators that enhance thermal stability – and therefore battery safety – and electrochemical performance Lithium-ion batteries power all-electric vehicles but are linked to many problems, including but not limited to overheating and flammability, short life spans, and underperformance, and Optodot’s technology addresses these problems Meta Materials (NASDAQ: MMAT) (FSE: MMAT), a global company that invents, designs,…

WednesdayJun 22, 2022 12:00 pm

The Vermont Cannabis Convention Is Back In Burlington To Boost Local Cannabis Trade

The 3rd Annual Cannabis Convention is being held in Burlington, Vermont on June 25-26, 2022, for the cannabis trading community in the area. Operating since 2014, NECANN events are one of the largest cannabis events that are constantly expanding. The NECANN events attract a huge number of members from the Hemp, MMJ and Cannabis industries. The success and the ever-growing network base of the NECANN events are attributed to: the organizers who dedicatedly put together the event for the benefit of the cannabis trading communities the exhibitors who enrich the events with their new and innovative ideas and products the…

WednesdayJun 22, 2022 11:15 am

SPYR Inc.’s (SPYR) GeoTraq Is Looking to Change the Narrative in the Location Based Services Market through the Development of Unique State-of-the Art IoT Modules

Technology company SPYR recently completed the acquisition of mobile IoT technology company GeoTraq, Inc. GeoTraq develops state-of-the-art mobile IoT modules, specifically designed to fit the unique and unmet needs of the low-end IoT market Major players have focused on developing and selling complex and expensive high-end IoT systems, with little attention paid to the larger low-end market GeoTraq is targeting this underserved segment through uniquely-engineered products that are battery-compatible and easy to deploy This year, the global location-based services (“LBS”) market is expected to reach a value of $70.16 billion, representing a CAGR of 25.5% from $55.92 billion last year.…

WednesdayJun 22, 2022 10:30 am

Sugarmade Inc. (SGMD) Shareholder Letter Outlines Short-Term, Long-Term Plans for Growth, Strong Margins

CEO notes that company will be well-positioned moving forward, “especially as our large Lemon Glow property comes online.” Short term, Sugarmade is embarking on a bold, new strategy to enter into contract arrangements with local Lake County, California, cultivators. SGMD is already in negotiations with local permitted and licensed operators that are agreeable to partnership arrangements for cannabis cultivation. The evolving California cannabis market is creating promising long-term and short-term opportunities for Sugarmade (OTC: SGMD) — and its shareholders. That is the message in a shareholder letter from CEO Jimmy Chan that was sent to all SGMD shareholders (https://ibn.fm/mQzfS). “While…

WednesdayJun 22, 2022 9:45 am

FingerMotion Inc. (NASDAQ: FNGR) Posts a 37% YOY Revenue Growth for the 2022 Financial Year; Seeks to Keep Pushing Gross Margins Higher in the Current Fiscal Year

FingerMotion just announced a 37% annual revenue growth from $6.24 million in 2021 to $22.93 million for the 2022 financial year Big Data posted the most significant growth at 297%, followed by Telecommunications Products & Services at 170% and SMS & MMS at 5% The company looks to keep pushing gross margins higher by leveraging the optimization of its product offerings FingerMotion (NASDAQ: FNGR) just released its financial results for the year ended February 28, 2022, which was an incredible year for the company. Annual revenue rose from $6.24 million in 2021 to $22.93 million in 2022, representing a 37%…

WednesdayJun 22, 2022 9:00 am

Flora Growth Corp. (NASDAQ: FLGC) Closes the First Half of 2022 with UK Product Launch, Successful Brand Acquisition, and a Collaboration with Ricky Williams’ Cannabis Brand, Highsman

Flora’s collaboration with Highsman seeks to elevate both Highsman and Vessel, Flora’s accessories brand, thereby inspiring greatness and creating an experience worth sharing The company’s acquisition of Masaya allows it to deliver on its promise to invest in safe, thorough, and cutting-edge cannabis research Flora’s product launch on Amazon.co.uk marks a big step in operations expansion in Europe The first half of 2022 has been successful for Flora Growth (NASDAQ: FLGC). At the beginning of the year, the company’s management noted how the cannabis sector was ripe for the picking. They noted how great brands and cost advantages are optimal…

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