News Archives - Page 299 of 703

TuesdayFeb 01, 2022 1:11 pm

InMed Pharmaceuticals Inc.’s (NASDAQ: INM) Recent Access of Manufacturing Technologies Now Give It the Potential to Synthetically Produce Rare Cannabinoids at Large Scale, a Unique and Coveted Position in the Rapidly Developing Rare Cannabinoid Space

Rare cannabinoids are cannabinoid compounds other than CBD and THC which are not yet produced in large scale but which have potentially greater benefits InMed acquired BayMedica in October 2021, bringing on board unmatched expertise in large-scale bio-production technologies applicable to rare cannabinoids As a result of this acquisition, InMed, already a leader in the production of rare cannabinoid CBC, is now in the unique and highly desired position to undertake large-scale production of other rare cannabinoids, with applications as wide as the current CBD market The company plans to launch new rare cannabinoid products in the first half of…

TuesdayFeb 01, 2022 12:37 pm

Amid Fluctuating Outlook for Gold, Explorer StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Bullish on 2022 Drill Strategy

Investors are taking disparate approaches to gold as unusual inflation pressures raise questions about economic safeguards but the U.S. government continues to tout fiat strength amid employment positivity StraightUp Resources enters 2022 with a tailwind driving enthusiasm about its gold prospects in Ontario’s famed greenstone belt and a historically metal-rich region in the western United States In China, jewelry markets are beginning to recover from the COVID-19 pandemic’s darkest days, reporting a 44.99 percent year-over-year jump in consumer purchases of gold jewelry largely responsible for driving up the larger gold market StraightUp recently announced approval of an early exploration permit…

TuesdayFeb 01, 2022 12:07 pm

Finding Opportunities in an Aging America: InnerScope Hearing Technologies Inc. (INND) Finding Success in Retail and Direct-to-Consumer Sales

As the number of older Americans moves to exceeding the number of children, analysts are forecasting the U.S. hearing aid market to grow 69% to $4.48 billion in 2028 InnerScope Hearing Solutions is using a strong mix of Direct-to-Consumer and a retail footprint to market and sell its affordable, app-controlled hearing aids InnerScope recently acquired HearingAssist, making INND Walmart's largest direct-ship and wholesale hearing aid supplier a two-prong stock purchase where the second leg gives INND a market cap of $1+ billion Looking for overlooked market segments on Wall Street? Look to your elders. The U.S. Census Bureau (“USCB”) shows…

MondayJan 31, 2022 2:06 pm

FingerMotion Inc. (NASDAQ: FNGR) Marks a 21% Year-Over-Year Growth in Revenue for Q3 2022; Anticipates Significant Growth in the Next Fiscal year

FingerMotion attributed its strong finish for Q3 2022 to strategic investments and collaborations with key players in the industry It hopes to carry on this performance trend into the next fiscal year, tapping into the investments and collaborations made so far The company also plans to capitalize on the insurtech sector while also forming new brands designed to offer mobile device protection for the Chinese market FingerMotion (NASDAQ: FNGR), recently released its financial results for the third quarter of the 2022 financial year (“Q3 2021”), posting a 21% growth in revenue from the same period in 2020. Martin Shen, the…

MondayJan 31, 2022 1:51 pm

Decentralized Status of Lightning Network Discussed at Keyfest 2022; LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Achieves Significant Growth Since 2021 Acquisition

Keyfest 2022 prompted the question as to whether the Lightning Network is decentralized – the very essence of the layer 2 protocol overlay of the blockchain Unlike fiat currency, which is ultimately governed by The Federal Reserve, Bitcoin’s Lightning Network is comprised of nodes and channels with no direct governing body The success of the Lightning Network since January 2021 is driving LQwD's drive for the new year In a 2015 white paper draft, Joseph Poon and Thaddeus Dryja laid out the Lightning Network for the first time. Two years later, in 2017, the first transaction was made on the…

MondayJan 31, 2022 1:35 pm

FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Nears Portable Ammonia-generating Prototype Rollout Amid Growing Demand for Green Tech Solutions

Canadian-based clean energy solutions innovator FuelPositive Corp. is developing a means of producing and using ammonia as a non-carbon polluting fuel source FuelPositive regards the green ammonia produced by its unique system as a safer and more effective means of transporting hydrogen that can be used to provide power and other benefits in an environmentally positive manner The agricultural and shipping industries are preferred targets for conversion because of their heavy carbon fuel use, and some companies are already preparing to transition away from fossil fuels as viable alternatives become available The portability of FuelPositive’s solution also makes it an…

MondayJan 31, 2022 1:02 pm

Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) IRB-Approved Study Could ‘Lead to New Frontiers,’ Begins Enrollment This Year

Upcoming study supports CYBN’s mission to develop psychedelics into therapeutics. Kernel Flow uses pulsed light instead of continuous wave light to increase measured brain information. Study may provide crucial “mind-imaging” information that has been previously missing. Cybin (NEO: CYBN) (NYSE American: CYBN) is starting off the new year right — the company has received approval from an Institutional Review Board (“IRB”) for a feasibility study using Kernel’s quantitative neuroimaging technology, Kernel Flow. Enrollment for the study begins early this year (https://ibn.fm/XTXAe). “By leveraging the Kernel Flow technology, we may have the ability to measure longitudinal brain activity before, during and after…

MondayJan 31, 2022 12:34 pm

Lexaria Bioscience Corp. (NASDAQ: LEXX) CEO Offers a Glimpse into Company’s Unique Technology and Operations on EDGE Podcast

Chris Bunka, the Chairman and CEO of Lexaria, featured on the EDGE podcast hosted by Brandon C. White He provided insight into his background, professional philosophies, and Lexaria’s operations, with a focus on the company’s patented DehydraTECH(TM) technology Mr. Bunka also advised small companies and entrepreneurs, citing the importance of understanding the competitive environment Chris Bunka, the Chairman and Chief Executive Officer (“CEO”) of Lexaria Bioscience (NASDAQ: LEXX), was recently featured on episode 234 of the EDGE Podcast. Hosted by Brandon C. White, an Angel Investor and Entrepreneur, Mr. Bunka shared insights into his professional journey while also sharing what…

MondayJan 31, 2022 11:56 am

Sugarmade Inc. (SGMD) Watching Growing Support for Federal Cannabis Reform

NLR reports that bipartisan support for cannabis policies could reshape federal enforcement, set the stage for further state legalization GOP sponsorship of bills could mean greater likelihood of success SGMD’s strategic plan is centered on expanding end-market access as a central player in the growing California cannabis delivery marketplace As 2021 wound to a close, indications of bipartisan support for federal cannabis reform raised the hope that legislative progress may be made on the federal level in the coming year (https://ibn.fm/LMlBO). Companies operating in the cannabis space, including Sugarmade (OTC: SGMD), are watching closely to see if that hope is…

MondayJan 31, 2022 11:10 am

Growth Capital Acquisition Corp.’s (NASDAQ: GCAC) Management Set to Complete Business Combination with Cepton Technologies in the First Quarter of 2022

Growth Capital Acquisition Corp. agreed to combine with Cepton Technologies Inc, a Silicon Valley firm focused on the development of lidar technology in August 2021 The deal, which is expected to close on February 9, 2022, will value the company at approximately $1.5 billion on a cash-free, debt-free basis GCAC’s management, Prokopios (Akis) Tsirigakis and George Syllantavos, have previously listed and successfully concluded 3 SPAC deals and boast a lengthy and experienced track record within the industry Growth Capital Acquisition (NASDAQ: GCAC), a publicly traded special purpose acquisition company (“SPAC”) listed on February 2, 2021, with $172.5 million in trust,…

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