QualityStocksNewsBreaks Archives - Page 574 of 1566

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…

FridayMay 13, 2022 12:51 pm

QualityStocksNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leveraging LN to Become Crucial Player in Quest for Worldwide Bitcoin Adoption

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), released its platform-as-a-service offering (“PaaS”) in November 2021. At that time, the company also launched its first Lightning Network node in the United States. “The Lightning Network is a layer 2 payment protocol layered on top of a blockchain-based cryptocurrency and was created to solve the overall bitcoin scalability problem,” a recent article reads. “In addition, LQwD has released Lightning Network nodes in Ireland, Germany, Indonesia, Italy, Singapore, Sweden, England, India, and France. The company is leveraging the…

FridayMay 13, 2022 12:34 pm

QualityStocksNewsBreaks – Laredo Oil Inc. (LRDC) Capitalizing on Simplicity to De-Risk, Increase Production, Be Profitable

Laredo Oil (OTC: LRDC) CEO and Chair Mark See was a featured guest in a recent Bell2Bell Podcast episode in which he discussed Laredo’s management, focus and strategy. The company, which is led by executives and board members who have, on average, 30 to 40 years of experience in the oil and gas space, is in the business of profitably producing domestic oil. “Our niche is twofold,” See stated. “We’ve identified over 20 billion barrels of oil in the United States that the majors and larger independents left behind… That presents an opportunity for quality assets that they just go…

FridayMay 13, 2022 12:01 pm

QualityStocksNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces Q3 Fiscal 2022 Financial Results, Provides Business Update

InMed Pharmaceuticals (NASDAQ: INM) is a leader in the research, development, manufacturing and commercialization of rare cannabinoids. The company today announced financial results for the third quarter ended March 31, 2022. “The third quarter of fiscal 2022 saw noticeable advancements across all of our programs, including commencing sales of the rare cannabinoids CBDV and CBT as raw ingredients for the health and wellness industry,” said Eric A. Adams, InMed president and CEO. “For the remainder of fiscal 2022, we will remain focused on driving our commercial operations by expanding our product portfolio, increasing sales of our existing and new rare…

FridayMay 13, 2022 11:47 am

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Q2 Preliminary Financial Results

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced preliminary financial results (subject to change) for its period ending March 31, 2022. Among the highlights, the company reported cash and cash equivalents amounting to $65.2 million, as well as total debt of $22.1 million continuing its downward trend. In May 2022, Mullen signed a proposal with Thurner Design for the vehicle development of the Mullen FIVE RS, a high-performance EV sport crossover vehicle featuring close to 1,100 HP, 0-60 mph in just 1.95 seconds, and 200 mph top speed. Further, Mullen FIVE reservations increased substantially and more…

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