MondayMay 02, 2022 1:44 pm

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Shares Corporate Update through Shareholder Letter

Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, has released a shareholder letter from CEO Jimmy Chan. In the letter, Chan noted short-term turbulence in the market but reaffirmed the company’s belief that the long-term outlook for the industry is bright, particularly for California producers and distributors. The letter notes that the company is eyeing strategic opportunities created by marketplace inefficiencies and uncertainties, including an uncertain regulatory environment, high taxes, unlicensed cultivators entering the market and a drop in prices of cultivated cannabis products. In the letter, Chan observed that Sugarmade believes these marketplace changes create an…

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MondayMay 02, 2022 1:32 pm

QualityStocksNewsBreaks – Lottery.com (NASDAQ: LTRY) Announced Conference Call to Discuss Q1 2022 Results

Lottery.com (NASDAQ: LTRY), a leading technology company that is transforming how, where and when the lottery is played, has scheduled a conference call and webcast on May 16, 2022, at 8:30 a.m. ET. During the call, company officials will discuss results of its first quarter 2022, for the period ending March 31, 2022. The company will release its first-quarter results prior to the conference call. Those interested in participating on the call can dial 877-313-2495 inside the United States or 929-517-0906 if calling from internationally; callers should use the conference code 9189693. Callers are encouraged to dial in at least…

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MondayMay 02, 2022 11:27 am

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces ‘Milestone’ Filing of Loan Application for Mullen ONE EV Cargo Van Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has filed an ATVM loan application with the U.S. Department of Energy (“DOE”). The loan is for the company’s ONE EV Cargo Van Program. According to the announcement, the application was filed on April 29, 2022, after the company submitted the prequalification requirement and then was invited to submit the formal application. One of the first electric commercial vehicle offerings, Mullen’s ONE EV is designed to be a Class 1 light commercial cargo van rated under 6,000 pounds GVRW. The Energy Independence and Security Act of 2007 authorized the ATVM…

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MondayMay 02, 2022 9:30 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Strengthens Financial Profile with Debt Reduction, Adjustments to Revenue Strategy

Red White & Bloom Brands is a multi-state cannabis operator based in Canada and focused on developing revenue opportunities in strong U.S. cannabis markets such as Michigan, Florida and California The company recently announced it has eliminated $115 million in debt liabilities as part of its efforts to streamline its financial operations during a period when many companies are struggling with the effects of the COVID pandemic  Red White & Bloom’s debt reduction includes cutting over $22 million in annual expenses The company has solidified its foothold in Michigan with acquisitions that have allowed it to become vertically integrated and…

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MondayMay 02, 2022 9:30 am

Golden Matrix Group Inc. (NASDAQ: GMGI) Is ‘One to Watch’

Golden Matrix’s common stock began trading on the Nasdaq on March 17, 2022 The company achieved record revenues of $8.88 million in the quarter ended January 31, 2022, marking a year-over-year increase of 355% Golden Matrix reported net income for the quarter ended January 31, 2022, of $349,379, versus $52,158 one year earlier Golden Matrix has delivered exceptional growth over the years, with 14 consecutive profitable and cash flow positive quarters Golden Matrix has a solid balance sheet and intends to make accretive and synergistic acquisitions in the coming months, with all targeted acquisitions to be profitable and cash positive…

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MondayMay 02, 2022 9:00 am

Knightscope, Inc. (NASDAQ: KSCP) Helping Companies Secure Critical Infrastructure, Reduce Security Threats

Knightscope develops Autonomous Security Robots (“ASRs”) that combine artificial intelligence (“AI”), robotics, and self-driving technology The company’s ASRs are used by clients operating in various industries, including critical infrastructure sectors such as public utilities, food and healthcare The robots have helped reduce crime/security threats in different neighborhoods, cities, and commercial facilities Every November, the Cybersecurity and Infrastructure Security Agency (“CISA”) celebrates the Infrastructure Security Month (“ISM”). Geared toward educating and engaging the different levels of government, the American public, and infrastructure owners and operators, the ISM touches on the importance of critical infrastructure to the country’s well-being as well as…

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MondayMay 02, 2022 9:00 am

Correlate Infrastructure Partners Inc. (CIPI) Puts Profits in Positive Territory, Discusses ‘Very Aggressive’ Plan For Clean Energy Solutions Projects

Commercial clean energy solutions provider Correlate Infrastructure Partners recently released its annual financial report, showing profits rising into positive territory on the back of key acquisitions last year Correlate’s development and finance platform services are designed to help buildings reduce their carbon footprint through greater efficiency and access to locally sited solar, energy storage and EV infrastructure In a new podcast interview, the company’s CEO said Correlate anticipates acquisitions this summer that will expand its footprint from Hawaii to Boston The company expects revenue growth this year in tandem with the expansion and with securing repeat business Concerns about climate…

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MondayMay 02, 2022 9:00 am

SPYR Inc. (SPYR) Eyeing the MVNO Business and Exploring AI Applications for IoT Systems

SPYR, through its wholly-owned subsidiary, Applied Magix, will start exploring AI applications for inclusion in its products The company is also considering venturing into the MVNO business; an industry projected to be valued at $91.63 billion by 2026 This is in a move to grow the company’s product and service offering while also creating value for its shareholders Pursuing this route will also present SPYR with an opportunity to promote its brand further, grow its brand equity and overall brand recognition SPYR (OTCQB: SPYR) has, since its inception, not shied away from pushing the envelope in terms of innovation and…

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FridayApr 29, 2022 3:15 pm

QualityStocksNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Stands Distinct in REE Processing, Production Capabilities

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company that is also moving faster than any other company to re-establish a domestic rare earth elements (“REE”) supply chain, appears set to benefit from growth of the global REE market. A recent Mordor Intelligence article is reporting that the sector has reached an estimated 161,354.65 tons this year, with an expected compound annual growth rate (“CAGR”) of more than 4% between now and 2027. “According to Mordor, factors driving the growth of the market include high demand from emerging economies and dependency of ‘green technology’ on rare…

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FridayApr 29, 2022 2:23 pm

QualityStocksNewsBreaks – Hero Technologies Inc. (HENC) Focused on Vertical Integration, State Expansion

Hero Technologies (OTC: HENC), a cannabis company working toward a vertically integrated business model, has plans to expand into two states that have legalized cannabis — Colorado and Massachusetts. Cannabis genetic engineering, farmland for medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, retail operations and dispensaries are all part of HENC’s strategic multistate model. The company owns a majority stake in BlackBox Systems and Technologies LLC. BlackBox is an aeroponic cannabis cultivation system that provides optimal growing conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased harvest efficiencies. A recent article discussing the company’s…

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