News Archives - Page 399 of 738

WednesdayAug 11, 2021 11:42 am

Sustainable Green Team Ltd. (SGTM) Positioned to Benefit from Expected 65% Lumber Price Rally

U.S. government infrastructure plans, rising housing demand, seasonal trends pointing to potential 65% increase in lumber prices by end of 2021 SGTM transforms storm waste into gardening mulch, playground surfacing material, specialty cypress lumber Clients include Circle K, The Kroger Company, 7-Eleven, Old Castle Lawn & Garden Company completed two-year audit, commenced FORM-10 process in preparation for NASDAQ uplist Biden’s infrastructure plans, seasonal trends and an expected increase in housing demand are setting the stage for a potential 65% increase in the cost of lumber, according to experts (https://ibn.fm/K3vD5). Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial…

TuesdayAug 10, 2021 12:19 pm

Consumer Shift from Alcohol to Cannabis-Infused Beverages Looks to Benefit BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC)

Research shows one in three cannabis users drink less alcohol when compared to before legalization, 84% feel cannabis is safer, nearly half (47%) prefer cannabis over alcohol BevCanna specializes in the production of in-house and white-label cannabis-infused beverages using Canadian premium alkaline spring water BevCanna’s HACCP-certified, 40,000 square foot manufacturing facility operating by GMP standards, current capacity at 210 million bottles per annum Extensive retail network spans 3,000+ points of distribution throughout North America Cannabis-infused beverages are increasing in popularity as the drink of choice for consumers in social settings — a trend that some analysts believe threatens the alcoholic…

TuesdayAug 10, 2021 11:55 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Releases Q4, FY 2020, Q1 2021 Financial Results on the Back of Strong, Sustained Traction for Its Brands

Red White & Bloom released its Q4 2020 and FY 2020 results and later reported its Q1 2021 results In its Q4 2020 results, the company posted a 158% quarter-over-quarter increase in revenue from $CA6.1 million in Q3 2020 to $15.7 million Its FY revenue grew from nil in 2019 to CA$23.3 million in 2020, while its gross profit was CA$13.35 million in 2020 from nil in 2019 RWB reported $32.7 million in Q1 2021 adjusted sales, an increase of 14.5% over Q4 2020 In a statement contained in the company’s December 2020 investor deck presentation, Red White & Bloom…

TuesdayAug 10, 2021 11:34 am

Flora Growth Corp. (NASDAQ: FLGC) Inks 2 LOIs to Boost CBD Product Distribution in Australia, Latin America

Flora Growth Corp. is a Colombian cannabis cultivator that is building a global cannabis CPG portfolio of premium brands and products Flora Growth recently announced an LOI designed to grant it an in-road to Australia’s over-the-counter medical cannabis and CBD commercial markets The company also signed an LOI to distribute popular Canadian pain topical brand KaLaya throughout Latin American countries, with exports planned to the United States, and to infuse its established line of products with CBD Market analysts predict Australia’s medial cannabis market will explode from about $150 million this year to more than a billion dollars by 2025…

TuesdayAug 10, 2021 10:15 am

Brain Scientific Inc. (BRSF) Addresses Critical Neurologist Shortfall with Cost-Effective, Portable Brain Diagnostic Devices

American Academy of Neurology warns of critical neurologist shortfall amid increased incidence of brain disorders Brain Scientific addresses issue with portable, cost-effective brain diagnostic solutions that record EEGs in nearly any setting Product development includes creation of AI and ML algorithms to detect seizures, dementia and other brain-related conditions NeuroCap and NeuroEEG device patents approved in U.S., Europe and China With a goal of addressing the current acute neurologist shortfall in the United States (https://ibn.fm/DrxvC), Brain Scientific (OTCQB: BRSF), a commercial-stage health care company, has developed cost-effective and portable proprietary medical devices that are positioned to disrupt the electroencephalogram (“EEG”)…

TuesdayAug 10, 2021 9:00 am

Mobius Interactive Ltd. Expands Globally – Targeting Emerging iGaming Markets

Mobius Interactive Ltd. is strategically targeting global iGaming hotspots with three unique brands Club Double is targeting the emerging iGaming market in India Mobius.bet is expanding rapidly in the Brazilian market, as a top television sponsor for both the 2021/22 World Cup Qualifiers and for Italian Serie A football in August 2021 Aragon Casino will target the regulated Canadian market Mobius Interactive, a Vancouver-based online gaming company, has three distinct brands: Mobius.bet , Club Double and Aragon Casino. Paired with unique design and style, each brand targets specific geographical regions and demographics—offering a diverse and innovative iGaming experience to a…

MondayAug 09, 2021 2:13 pm

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Subsidiary Inks Deal to Provide Limited-Edition Alkaline Spring Water to BC Firefighters

Naturo Group signs contract with BC Wildfire Services Division; will provide special bottled water to over 1,100 firefighters across British Columbia. TRACE-branded natural 7.7ph alkaline spring water is sourced directly the source in British Columbia, the very land the firefighters protect. BevCanna’s TRACE product line features unique, ancient minerals that offer a broad range of wellness properties including cognitive performance, immune function and gut health. BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) has announced that its wholly owned subsidiary Naturo Group has been selected to manufacture and supply a special, limited-edition run of its TRACE-branded, alkaline spring water to…

MondayAug 09, 2021 1:57 pm

Avricore Health Inc. (TSX.V: AVCR) (OTCQB: AVCRF) Rolling out Rapid Disease Testing in Canada, Plans to Expand into US and UK Markets

Avricore Health has announced that it is ready to roll out its HealthTab rapid disease testing system in pharmacies across Canada The rapid disease testing system comprises two key components, Avricore’s web-based HealthTab and Abbott’s Affinion 2 multi-assay analyzer The global point-of-care diagnostics market was valued at $34.49 billion in 2020 and is expected to continue growing and reach $81.37 billion by 2028 Avricore Health (TSX.V: AVCR) (OTCQB: AVCRF), an innovator in pharmacy services focused on the acquisition and development of early-stage technology aimed to move pharmacies forward, is set to roll out its proprietary HealthTab rapid disease testing system…

MondayAug 09, 2021 1:44 pm

Flora Growth Corp. (NASDAQ: FLGC) Receives Fair Value Estimate, Coverage from Argus Research Company; Developing Growth Opportunities by Columbia’s Cannabis Law, Headquarter Relocation

Flora Growth Corp recently received coverage from Argus Research, which gives the company’s stock a fair value estimate of $7.50 against the $3.24 recorded July 20 Argus also projects that Flora’s revenue would increase to $9 million in 2021 and $31 million in 2022, up from $0.1 million reported in 2020 Flora received a boost in its operations when Colombia’s president accepted and signed reforms to the existing cannabis legislation The updated law allows for the manufacture, sale and export of psychoactive (high-THC) cannabinoid ingestible and medical products and removes marketing limitations on cannabis products in Colombia Flora is also…

MondayAug 09, 2021 1:10 pm

InMed Pharmaceuticals Inc. (NASDAQ: INM) and Its Quest to Build an Industry-Leading, Rare Cannabinoid Enterprise

InMed announced a non-binding letter of intent to acquire BayMedica Inc. The move is designed to grow InMed’s market presence and strengthen its operations The two companies have had a reciprocal research collaboration that dates back to November 2020 InMed looks to capitalize on the growing cannabinoid industry that is projected to grow at a CAGR of 21.2% from 2021 to 2028 InMed Pharmaceuticals (NASDAQ: INM) is a clinical-stage company committed to developing cannabinoid-based pharmaceutical drug candidates. It also manufactures technologies for pharmaceutical-grade rare cannabinoids. It is known for creating a pipeline of cannabinoid-based pharmaceutical drug candidates to treat various…

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