TuesdayJan 18, 2022 4:08 pm

QualityStocksNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Provides Comments Regarding Study Examining Cannabinoids and SARS-CoV-2

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, has commented on a recent study that indicated that cannabinoids have the potential to prevent as well as treat infection by SARS-CoV-2. The comments came from lead research scientist Dr. Richard van Breeman, who granted an interview with vice.com discussing the independent study. In his comments, Breemen observed that smoking or vaping of cannabis was likely not effective, but oral delivery was, causing Breeman to recommend oral administration of cannabis compounds. Lexaria is keenly interested in the study because the company is actively engaged in research with its exclusive DehydraTECH(TM)-powered cannabinoid formulations,…

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TuesdayJan 18, 2022 3:33 pm

QualityStocksNewsBreaks – Growth Capital Acquisition Corp.’s (NASDAQ: GCAC) Pending Business Combination Partner to Present at Baird 2022 Conference

Growth Capital Acquisition Corp. (NASDAQ: GCAC) and its wholly owned subsidiary, GCAC Merger Sub Inc., previously entered into a business combination agreement with Cepton Technologies Inc., a Silicon Valley innovator and leader in high performance MMT(R) lidar solutions. Cepton today announced that its CEO Dr. Jun Pei and CFO Dr. Winston Fu will present virtually in the Baird 2022 Vehicle Technology and Mobility Conference at 1:10 p.m. ET on Tuesday, Jan. 25, 2022. According to the update, a link to the live webcast of management’s presentation along with additional investor materials and company information can be found on the investor…

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TuesdayJan 18, 2022 3:25 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Releases Q3 2022 Financial Results

FingerMotion (NASDAQ: FNGR), a mobile data and services company, is reporting financial results for the third quarter, the period ended Nov. 30, 2021. Highlights of the report include quarterly revenue of $5.9 million, an increase of $1.02 million or 21% over Q3 2020; year-over-year quarterly growth in its telecommunications products & services business revenue of $2.8 million, a 580% increase over Q3 2020; quarterly loss in SMS & MMS business revenue of $1.78 million, or 40% compared to the same period in 2020; and no revenues in its big data division. In addition, the company showed gross profits of $967,075,…

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TuesdayJan 18, 2022 2:45 pm

QualityStocksNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Announces Q4 Shares Repurchased, 1st Dividend Payment

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, today announced the quantity of shares repurchased in the fourth quarter of 2021, as well as the first payment being made for the previously issued dividend. According to the update, the company repurchased approximately $800K worth of stock made up of 155,000 shares of common stock at an average price of $5.12 per share throughout the three months preceding Dec. 31, 2021. This was part of SRAX’s $10 million share buyback program announced on Aug. 17, 2021. “We…

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TuesdayJan 18, 2022 2:39 pm

QualityStocksNewsBreaks – Delic Holdings Inc. (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) Releases Results of Harris Survey on Psychedelics as an Alternative Treatment

Delic Holdings (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), a leader in new medicines and treatments for a modern world, has announced that nearly two-thirds (65%) of Americans who suffer from anxiety, depression and PTSD believe that psychedelic medicine, including ketamine, psilocybin and MDMA, should be available to patients with treatment-resistant anxiety, depression or PTSD. The online survey included 953 adults living in the United States who suffer from anxiety, depression or PTSD. Of those surveyed, 63% of those who have used prescription medications for treatment response that, while the medication helped, they still experienced residual feelings of anxiety, depression or…

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TuesdayJan 18, 2022 2:10 pm

QualityStocksNewsBreaks – Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA), The Newly Partner to Set the Gold Standard for Psychedelic-Assisted Therapies

Mydecine Innovations (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA), a biotechnology and digital technology company aiming to transform the treatment of mental health and addiction disorders, today announced its entry into a letter of intent (“LOI”) with The Newly Institute Inc. (“The Newly”), a Calgary, Alberta based company opening private inter-disciplinary mental health clinics across Canada. The companies will collaborate on expanding psychedelic-assisted psychotherapy to patients and, together, create the package of resources needed for patients and practitioners to successfully gain acceptance into Health Canada's Special Access Program (“SAP”). The Newly is the first partner under Mydecine's recently announced Special Access Support…

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TuesdayJan 18, 2022 1:56 pm

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Inks Distribution Deal with Realize Hemp Drinks

Marijuana Company of America (OTC: MCOA), a diversified holding company with operations and investments throughout the cannabis industry, and cDistro, its wholly owned subsidiary, has entered an agreement with Realize Hemp Drinks. The agreement outlines plans to begin nationwide distribution of the award-winning Realize Raspberry Drink Mix infused with CBD & THC. cDistro distributes CBD brands, including smoke- and vape-shop-related products to wholesalers, c-stores, specialty retailers and consumers throughout North America. In addition to the Raspberry Drink Mix, cDistro will also be selling and distributing the new Citrus-Mango Drink Mix. Made with CBD and THC, both drinks contain less than…

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TuesdayJan 18, 2022 1:48 pm

QualityStocksNewsBreaks – GreenBox POS (NASDAQ: GBOX) Offers New Payment Option, Clients Respond with $50M in Monthly Merchant Volume

GreenBox (NASDAQ: GBOX), an emerging fintech company leveraging proprietary blockchain security and token technology to build customized payment solutions, has launched a significant new payment vertical. The new option offers bulk Automated Clearing House ("ACH") processing abilities to merchants. GBOX can transfer funds electronically for ACH debit and ACH credit transactions using its blockchain and smart-contract technology. The new payment option represents a significant move. In 2020 the ACH Network processed 26.8 billion payments that totaled more than $61.9 trillion. Payments included direct deposit via ACH of salaries, dividends and Social Security and other government benefits, as well as direct…

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TuesdayJan 18, 2022 12:21 pm

QualityStocksNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Partners with Walmart in Expanded Distribution of Amara Products

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) today announced that its majority owned portfolio company, Amara Organic Foods, one of the fastest-growing baby food brands in America, is now available nationwide across Walmart Canada and on Walmart’s expansive eCommerce platform, Walmart.com. According to a recent industry report, Walmart’s eCommerce business is approximately US$75 billion for 2021, growing in eCommerce approximately five times faster than Amazon*. “Science shows what you eat when you’re young has a direct impact on how you feel, think and perform later in life,” said Jessica Sturzenegger, founder and CEO of Amara. “At Amara, we believe…

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TuesdayJan 18, 2022 11:57 am

QualityStocksNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) to Centralize Distribution for ‘House of Premium Brands’ in Michigan

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) is a multistate cannabis operator and house of premium brands. The company, via its RWB Michigan LLC wholly owned subsidiary, has closed on a lease assignment for a 15,000-square-foot manufacturing/processing and distribution facility in Warren, Michigan, and has been issued both medical and adult use (aka “recreational”) licenses. “This Warren facility allows us to centralize distribution for our ‘house of premium brands’ in Michigan and finally report all of our Platinum Vape(TM) wholesale sales on a much less confusing and straightforward basis,” said RWB CEO and Chairman Brad Rogers. “We will…

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