Stock Spotlight Archives - Page 158 of 388

FridayOct 08, 2021 12:13 pm

QualityStocksNewsBreaks – Simply Sonoma Primed to Benefit from Projected Billion-Dollar Growth of CBD Space

Simply Sonoma, a CBD company focused on building a reputation as a leader in plant-based medicinal health and beauty products, is poised to benefit from the projected billion-dollar growth of the CBD space. This is according to a recent article discussing analysis by Yahoo.finance in a publication titled “CBD Market to Grow to $16 Billion by 2026 — Should You Invest?” The article, which contains excerpts from the publication, reports that increasing awareness of CBD’s therapeutic benefits has influenced buyers to purchase cannabidiol (“CBD”) products, in turn influencing commercial retailers, including those in health and wellness sectors, to now focus…

FridayOct 08, 2021 11:51 am

QualityStocksNewsBreaks – FingerMotion Inc. (FNGR) Poised as Ideal Partner in Post-Pandemic Insurance Space in China

FingerMotion (OTCQX: FNGR) is a technology company with core competencies in SMS/MMS services, mobile payment and recharge solutions, and big data insights. Following revelations that the pandemic posed a significant challenge to the adaptability and resilience of insurance companies and their management teams, Deloitte China proposed that insurers apply big data to facilitate product differentiation and build digital operational capabilities to ensure longevity post-pandemic. In this regard, FingerMotion appears poised as an ideal partner for insurers looking to implement Deloitte China’s proposals. Through its big data insights division (“Sapientus”), which provides behavioral analytics sourced from publicly available data, FNGR is…

FridayOct 08, 2021 11:35 am

QualityStocksNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Poised to Become Global Leader in Manufacture of Rare Cannabinoids

InMed Pharmaceuticals (NASDAQ: INM) recently announced it had signed a definitive agreement to acquire 100% of BayMedica Inc., a U.S.-based private company specializing in the manufacture and commercialization of rare cannabinoids. InMed CEO Eric A. Adams described the acquisition as a transformative transaction for the company as it would give InMed a breadth of synthetic cannabinoid manufacturing capabilities. “BayMedica brings unparalleled cannabinoid manufacturing expertise in both chemical synthesis and biosynthesis together with industry veterans who have been pioneers in this space,” a recent article quotes Adams as saying. The article further notes that, once closed, the transaction will create a…

ThursdayOct 07, 2021 12:53 pm

QualityStocksNewsBreaks – StorEn Technologies Inc. Leveraging Shareholder Support on Path to Volume Manufacturing

StorEn Technologies, a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology, recently announced that Accelerate New York Seed Fund (“ANYSeed”) has become a shareholder. “Over three years ago, in March of 2019, we raised funds from ANYSeed and issued them a convertible note after receiving the financing. If you’re not familiar with how convertible notes work, they are a popular fundraising instrument, a hybrid of debt and equity. They are structured as loans with the option of converting to equity, as opposed to requesting the repayment of the principal plus accrued interest,” a recent…

ThursdayOct 07, 2021 12:39 pm

QualityStocksNewsBreaks – Why StraightUp Resources Inc. (CSE: ST) Is ‘One to Watch’

StraightUp Resources (CSE: ST) is engaged in the business of mineral exploration and the acquisition of mineral property assets across North America. “The company’s flagship properties are located in the Red Lake Mining District of Ontario, Canada, renowned for over 30 million ounces of historic gold production. Other key projects extend into the neighboring Meen-Dempster Greenstone Belt of the Uchi Subprovince. The company’s management team is led by dedicated professionals, aiming to maximize shareholder value while employing modern exploration techniques and principles to achieve its goals,” reads a recent article. “The mission of StraightUp Resources is to maximize shareholder wealth…

ThursdayOct 07, 2021 12:22 pm

QualityStocksNewsBreaks – Moon Equity Holdings Corp.’s (MONI) Business Model Centers Around Building Strategic, Diversified Portfolio

Moon Equity Holdings (OTC: MONI) is an investment company focusing on strategic acquisitions across fintech, crypto, precious metals and real estate sectors. The company’s business philosophy centers around providing shareholders with a well-diversified acquisition portfolio focused on income-generating opportunities that produce long-term gains. “MONI has recently undertaken a spate of corporate actions designed to influence its business model going forward. Earlier this year, the company acquired Royal Costino LLC as a wholly owned subsidiary for its newly created mining division. The acquisition is the first step for the company in two planned mining acquisitions this year, with the Royal Costino…

ThursdayOct 07, 2021 11:34 am

QualityStocksNewsBreaks – Tingo Inc. (IWBB) Committed to Delivering Digital Solutions to Millions of Consumers Across Africa

Tingo (OTCQB: IWBB) is Nigeria's leading agri-fintech and device-as-a-service platform aimed at accelerating digital commerce in the agricultural sector. With over $600 million annual revenues and nearly 10 million subscribers, the company helps farmers acquire mobile phones through a unique leasing plan, connecting them to mobile and data networks through its own virtual network. Tingo connects farmers to markets, services and resources via Nwassa, its digital AgriTech marketplace platform that commenced operations in 2020. Founded in 2001 by Dozy Mmobuosi to bring mobile technology and fintech solutions to the unbanked rural areas in Nigeria, the company recently went public in…

WednesdayOct 06, 2021 1:55 pm

QualityStocksNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Achieves 13% QOQ Revenue Growth, Marks Remarkable Q2 2021

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) recently released its financial results for the second quarter of fiscal 2021. The company’s revenue was up 13% to $13.3 million, from $11.8 million in Q1 2021. In addition to a growth in revenue, RWB also received the Florida Department of Health, Office of Medical Marijuana Use approval; closed the acquisition of Acreage Florida; secured 20 double wide fully enclosed cultivation pods that will offer approximately 19,000 square feet of turn-key cultivation space; and completed the more comprehensive portion of Michigan’s two-step application process for medical marijuana licensing through its wholly…

WednesdayOct 06, 2021 1:42 pm

QualityStocksNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Witnessing Period of Strong Growth

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, recently announced its Q2 2021 results. The company reported Q2 revenues of $7.7 million, up 557% year over year and rising by 41% quarter on quarter. The company also updated its corporate revenue, noting Q3 guidance of $8.3 million, which would represent at least a +7.7% quarter-on-quarter increase. It increased its full-year revenue target to 32 million, from $30 million previously. The company also announced it would be carrying out a $10 million stock buy-back program and one-time…

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