QualityStocksNewsBreaks Archives - Page 395 of 1387

MondayMay 16, 2022 2:52 pm

QualityStocksNewsBreaks – Tingo Inc. (TMNA) Announces Q1 2022 Financial Results

Tingo (OTC: TMNA), the leading agri-fintech company operating in Africa, has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three months ended March 31, 2022. Among the highlights, Tingo reported $257.1 million and $65.5 million in consolidated revenue and operating income, respectively, during the first quarter of 2022. In addition, the company announced a 19.2% quarter-on-quarter growth in gross profit to $153.2 million, up from $128.5 million for Q4 2021. “We are very pleased to report strong operating performance for the first quarter of 2022 and the continued growth of our agri-fintech…

MondayMay 16, 2022 2:35 pm

QualityStocksNewsBreaks – Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) Issues Update on Default Status

Delic Holdings (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), a leader in new medicines and treatments for a modern world, announced that it is providing a default status report; the report is being released in accordance with the alternative information guidelines set out in National Policy 12-203 — Management Cease Trade Orders (“NP 12-203”). According to the announcement, Delic is experiencing delays to its audit, which means that the required annual financial statements and management's discussion and analysis for FY 2021 have been delayed as well. The company had requested that a management cease trade order (“MCTO”) be imposed as a result…

MondayMay 16, 2022 2:18 pm

QualityStocksNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces Q1 2022 Financial, Corporate Update

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, has released its first quarter 2022 financial report along with key updates on company strategies. The report pointed to recent approvals of a potentially pivotal Berubicin study in Europe that is expected to significantly drive patient enrollment and opportunities for Berubicin to be used in additional oncology indications with significant unmet needs and also noted that CNSP was granted fast track designation for Berubicin from the FDA, which provides more frequent interactions with the…

MondayMay 16, 2022 1:58 pm

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN), LGG Report on Vehicle Pack Development of Battery Cell Tech

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released an update on its partnership with Linghang Guochuang Group (“LGG”). According to the update, the two companies are working together to take solid-state polymer battery cell technology into vehicle pack level development, with solid-state polymer batteries being anticipated to be available for the second generation of the Mullen FIVE EV Crossover. The two companies announced their partnership in 2019 and then progress was sidelined in 2020 because of COVID-19 outbreak. Recently, Mullen and LGG have picked up again, starting integration of the solid-state polymer cell technology into the…

MondayMay 16, 2022 1:49 pm

QualityStocksNewsBreaks – Lottery.com (NASDAQ: LTRY) Releases Q1 Financial, Operational Results

Lottery.com (NASDAQ: LTRY), a leading technology company that is transforming how, where and when the lottery is played, is reporting its first quarter 2022 financial results for the period ended March 31, 2022. Highlights of the report include Q1 revenue of $21.2 million, an increase of $15.7 million from the same period the previous year, as well as gross profit totaling $18 million, up $15.5 million from first quarter 2021. The report stated that the company experience Q1 2022 net loss of $15.8 million and adjusted EBITDA of $7.7 million. In addition, the report noted an update on key initiatives…

MondayMay 16, 2022 1:31 pm

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Strategic Appointment of Cannabis Regulatory Veteran

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced its appointment of regulatory veteran Holly Bell as vice president of regulatory affairs. According to the update, Bell will play a crucial role in Flora’s domestic and global expansion strategy and lead government relations in key international markets. “Holly’s unique knowledge and understanding of the United States’ regulatory framework will position us to make thoughtful, educated and bold decisions regarding strategic distribution, cultivation and sales plans,” said Luis Merchan, president and CEO of Flora Growth. “We look forward to bringing Holly’s expertise…

FridayMay 13, 2022 2:52 pm

QualityStocksNewsBreaks – Advanced Container Technologies Inc.’s (ACTX) Unique Product Line Designed to Help Companies Grow Brands, Increase Profits

Advanced Container Technologies (OTC: ACTX) provides an impressive line of products, including an array of offerings for virtually every type of cannabis and hemp product, branding solutions, controlled environment cultivation systems, lighting, nutrients, and a variety of other essential items. “Most recently, the company launched its Store ‘n Seal bags, a new line of premium-quality packaging. The new commercial-grade bags are leakproof, odor proof and watertight and are designed to store vegetables, lettuce, leafy greens and even cannabis safely. The bags, which feature thick 5ml plastic with a resealable zipper across the top, are available in two varieties: a silver…

FridayMay 13, 2022 1:49 pm

QualityStocksNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Devoting Research, Product Development to Make Drug Substances More Effective

Lexaria Bioscience Corp. (NASDAQ: LEXX) is devoting its research and product development to making drug substances more effective in the approach to treating medical conditions such as high blood pressure and, in the process, to overcoming many obstacles that may hinder their proper use by patients. “One area of Lexaria’s research has focused on pursuing U.S. Food and Drug Administration (‘FDA’) approval to begin formal, registered clinical testing of its DehydraTECH-processed cannabidiol (‘CBD’) for the treatment of hypertension under the Investigational New Drug (‘IND’) process,” a recent article reads. “Lexaria recently announced the launch of its HYPER-H21-4 randomized, double-blinded, placebo-controlled,…

FridayMay 13, 2022 1:34 pm

QualityStocksNewsBreaks – Why Prime Harvest Inc. Is ‘One to Watch’

Prime Harvest, a technology-focused, full-service cannabis company led by a team of true experts in their respective fields, is committed to setting a new operational standard emphasizing accountability, sustainability and community. With horizontally diversified operations spanning multiple segments of the cannabis value chain, including licensing acquisition, compliance management and direct-to-consumer operations, Prime Harvest is leveraging a long-term strategy of investing in the growth and scale of licensed assets anchored by the power of data-driven technology to expand its footprint throughout California. “Jaxx Cannabis is the flagship brand in Prime Harvest’s portfolio. Through Jaxx Cannabis, the company aims to use technology…

FridayMay 13, 2022 1:01 pm

QualityStocksNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Engaging Directly with Farmers in Design of ‘Plant-in-a-Box’ System

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is rolling out its scalable, containerized “plant-in-a-box” that uses a carbon-free process to make pure green ammonia. “The company’s first demonstration system will launch on a farm in Manitoba, Canada, later this year, followed by two additional demonstration systems in coming months,” a recent article reads. “In keeping with FuelPositive’s focus on serving the agricultural industry, which consumes 80% of the current global supply of ammonia for fertilizer, the company announced recently that Pollara Strategic Insights will become a corporate market research partner. In addition, University of Guelph (Ontario) associate research professor Leith Deacon will…

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