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Lexaria Bioscience Corp. (NASDAQ: LEXX) Delighted About Well-Received DehydraTECH-CBD Proposals by the FDA; Maintains Late 2022/Early 2023 Target For Complete IND Application

  • Lexaria’s successful HYPER-H21-2 human clinical study, whose results were announced in the first week of September 2021, laid the groundwork for the company’s patented DehydraTECH(TM)-processed CBD NDA
  • Chris Bunka, the company’s CEO, referred to the results as “statistically significant,” ultimately kickstarting the IND application process with the FDA
  • Lexaria has since received a full written positive response from the FDA on its DehydraTECH-CBD, agreeing to the company’s proposal to pursue the 505(b)(2) NDA regulatory pathway
  • As a result of the favorable FDA response, Lexaria expects to remain on track to file its full IND application, 6-9 months sooner than if the FDA had required modifications in Lexaria’s current IND-enabling work plan, and Its management is confident that maintaining the current trajectory could allow the company to achieve $1 billion per year in the hypertension market, even making it one of the most effective registered pharmaceutical treatments for hypertension in the world
In the first week of September 2021, Lexaria Bioscience (NASDAQ: LEXX) announced its most recent results, at the time, from its HYPER-H21-2 human clinical study on the overall effectiveness of its patented DehydraTECH(TM)-processed CBD on blood pressure. The successful study would play an integral role in the company’s eventual New Drug Application (“NDA”), with Chris Bunka, the company’s Chief Executive Officer (“CEO”), terming the results as “statistically significant” (https://ibn.fm/iUObW). The success of multiple human studies investigating DehydraTECH-CBD for hypertension prompted Lexaria to formally announce the process of an Investigational New Drug (“IND”) application filing with the United States Food and Drug Administration (“FDA”) to list DehydraTECH-CBD as a prospective registered pharmaceutical treatment for hypertension. Lexaria has since received a positive full written response from the FDA regarding DehydraTECH-CBD, with the institution confirming that it agreed to Lexaria’s proposal to pursue a 505(b)(2) NDA regulatory pathway that would hasten the process of commercial approval for its product (https://ibn.fm/cBz7R). “We are very pleased to have received comments from the FDA toward opening our IND program, and we will be executing FDA-confirmed IND-enabling work immediately,” noted John Docherty, the President of Lexaria. “We were delighted that our proposals were very well received by the FDA, and the feedback received will be very helpful in compiling and filing our IND application as the new major regulatory step we are focused on moving forward,” he added. The FDA’s communication also noted that additional non-clinical studies would not be required before initiating the DehydraTECH-CBD IND program, particularly given compelling data already presented by the company and others regarding the safety and tolerability of CBD. Lexaria is confident that the approval will go through, especially since the FDA already has a history of approving CBD pharmaceutical treatments. In 2018, this approving body gave the green light to Epidiolex(R), a CBD-based pediatric anti-seizure medication. In the approval, they noted that the approved dosage rate for a child weighing 28kg was 140mg, increasing to 280mg daily for long-term use. Lexaria looks to build on this to push for its DehydraTECH-CBD, hoping to offer a viable solution to millions of people living with hypertension. With the FDA response, Lexaria expects to remain on track to file its complete IND application by late 2022 or early 2023, maintaining the initial targets announced. In addition, given its move to go with the 505(b)(2) pathway as opposed to 505(b)(1), the company looks to shave 6-9 months off of the approval process, bringing its product to the market a lot sooner. When discussing previous results from the hypertension study, Mr. Bunka noted: “If we sustain these results, we could be looking at mega-drug status ($1 billion per year) in the hypertension market.” “Our goal now is to put together a 4-week study, three doses per day, targeting a sustained drop in blood pressure. That could make us one of the most effective registered pharmaceutical treatments for hypertension in the world, with few if any unwanted side effects,” he added. This outlook shows Lexaria’s commitment to creating shareholder value, even as it inches closer to offering a viable solution to people living with hypertension. In addition, its commitment to following due process to receive FDA approval reflects the company’s and management’s clear vision and understanding of what it would take to grow the list of product offerings and offer something unique in the market. For more information, visit the company’s website at www.LexariaBioscience.com. NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://ibn.fm/LEXX

Cepton, Inc. (NASDAQ: CPTN) Sees Lidar’s Uses Expand, Maintaining Accuracy and Safety Above All

  • US traffic-related fatalities touched a 16-year high in 2021, outstripping other major economies across the World
  • The US Collision Industry Conference has forecast crash rates to decline by as much as 20% by 2030 on the back of widespread ADAS adoption
  • Cepton has pioneered the use of lidar, a key sensor technology, across automotive and smart infrastructure applications. In 2019, the company was the recipient of the single largest ADAS lidar series production award with Koito on the General Motors business
  • Cepton has now seen its lidar technology expand far beyond its initial intended use, ranging from revisioning public venues and commercial buildings to transportation infrastructure in Austria with efforts to improve the real–world traffic data from urban landscapes.
US traffic-related fatalities soared to a 16-year high in 2021, touching 42,915 deaths. (https://ibn.fm/RR73k). Astonishingly and despite the evolution of modern automotive safety measures in the United States, the nation suffered over double the number of road fatalities relative to the European Union despite having a population numbering over 100 million less than that of the EU. However, and according to the United States’ Collision Industry Conference (“CIC”), vehicular crash rates could decline by as much as 20 percent by 2030 (https://ibn.fm/grdrY) – largely a result of the ongoing development and adoption of advanced driver assistance systems (“ADAS”). Long-established OEMs and start-ups alike have invested upwards of $106 billion in autonomous driving capabilities dating back to 2010, (https://ibn.fm/NBz1m) with advanced driver assistance systems – which form the foundation on autonomous driving capabilities, an increasingly ubiquitous presence within today’s vehicles through features such as adaptive cruise control, parking assistance, and forward collision warnings. Moreover, ADAS technology is set to evolve in coming years towards the enablement of more intelligent and autonomous driving systems, in turn leading to a host of additional potential benefits – fewer accidents due to human error, a drop in the cost and environmental impact of transport, and safer and more accessible driving, to name just a few. Cepton (NASDAQ: CPTN), a Silicon Valley innovator and pioneer within high-performance lidar solutions, has been a key beneficiary of the increased focus on autonomous vehicles and the development of ADAS, rapidly increasing OEM interest in adding lidar technology to ADAS and autonomous driving systems for higher levels of safety and autonomy. Lidar technology has increasingly gained adepts for its ability to measure the distance of objects in 3D, providing the wherewithal to map the surroundings of an autonomously driven vehicle, quickly and efficiently. Through its significant ADAS lidar series production award with Koito on the General Motors business, Cepton is leading the way in scaling up lidar for mass-market deployments. The scalability allows the company to expand its lidar’s use beyond automotive applications. Ranging from its efforts to resolve traffic congestion in major urban metropolises such as Austria’s mountainous landscapes which encounter different driving scenarios and pedestrian safety. In addition to their collaboration with Lithuania-based system integrator Belam to improve road user and rail passenger safety using obstacle detection at crossings (https://ibn.fm/AWi5V). Cepton’s scalability also reaches as far as incorporating lidar systems in security modalities. Bowler Pons, a specialist in technology-focused enhanced electronic security systems is utilizing Cepton’s anonymous lidar systems for improved detection and categorization, ultimately enabling autonomous alerts while protecting privacy (https://ibn.fm/HW7pV). Dating back to its inception in 2016, Cepton has sought to market the concept of ‘Lidar for Life’, introducing the use of lidar technology in mass-market consumer vehicles as well as the development of smart infrastructure in cities, spaces, and industrial robotics. As a pivotal part of the company’s efforts in promoting lidar technology across different sectors, the company has invested in making lidar a truly scalable and accessible technology – cost efficient, reliable, and easy to integrate into various systems. Dr. Jun Pei, co-founder and CEO of Cepton elaborated on the concept, “[despite being] a very established engineering enterprise, we’re still a start-up in working style with the mentality of each person that the sky is the limit. [Whilst] in the first meeting with an OEM you discuss lidar range and resolution for 10 minutes, [it is then] all about cost. If you are $1 more than the competitor, you are out the door. We captured a huge element in the cost.” (https://ibn.fm/Ajhls). Having played an influential role in a technological revolution which has seen the cost of a single lidar device decline from tens of thousands of dollars several years ago to a few hundred dollars today, it is little wonder that Cepton, amongst dozens of other lidar manufacturers, received GM’s ADAS lidar series production award 2019 to support Ultra Cruise. A pathbreaking program in both the automotive industry and the history of lidar, the award will see Cepton’s lidar as one of the key sensor technologies enabling Ultra Cruise’s safe and autonomous driving capabilities in everyday passenger cars. However, the General Motors engagement is only one reminder of the potential of lidar technology for Dr. Pei, with Cepton envisioning an eventual future where lidar-enabled ADAS technology would be deployed across all vehicles, with the goal of drastically reducing accident rates. “It’s a no-brainer”, said Dr. Pei. For more information, visit the company’s website at www.Cepton.com. NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

DGE 2nd Omnichannel Marketing Strategy Symposium

Life science professionals are invited to attend the 2nd Omnichannel Marketing Strategy Symposium on September 29-30, 2022. Pharmaceutical, biotechnology, and medical device companies are realizing the growing importance of a powerful omnichannel marketing campaign that allows pharma to reach the right people at the right time. This intensifies the need for a substantial marketing plan. Taking into account previous impact and consumer data, marketers can concentrate on promotional spending to optimize their investment. But the vital question is, do marketers in the pharma sphere possess adequate technology and data necessary to make their omnichannel marketing as successful as it could be? The event is hosted by Dynamic Global Events (“DGE”), a Life Science leader in organizing B2B events. The global event company caters to the dynamic informational and networking needs of the pharmaceutical, biotechnology, healthcare, medical devices, and allied industries.  DGE’s Omnichannel Marketing Strategy Symposium provides the skills and strategies professionals/companies need for putting together and directing a unique marketing approach, where the marketing plan is tailored to meet the needs and demands of the customers, putting them ahead of the competition. The DGE event offers participants a viable platform for planning and implementing diverse scalable strategies for optimal customer engagement. Top Reasons to Attend
  • Learn how to identify and prevent hurdles in your omnichannel marketing journey
  • Understand how to channel your regulatory processes to deliver content speedily
  • Harness the potential of KOL and discover new strategies in your omnichannel marketing efforts
  • Reveal the latest digital and technology on the market to boost your omnichannel marketing campaigns
  • Learn the best practices for email marketing and contact lists to stay ahead of competitors
After the opening speech from the chairperson, panel discussions and keynotes from expert speakers will follow. Industry heads will discuss the latest topics requiring immediate attention. Digital marketing experts will throw insights on how to rank your omnichannel marketing strategies against other companies. Understanding how your competitors have developed omnichannel marketing is vital for your journey. Discuss the best practices of marketing and evaluate where your company stands presently in the competitive environment. At this DGE event, learn how other companies perform and what strategies they have designed for success in marketing. Budding professionals and companies can connect with industry leaders and peers for long-term networking ties. Discover innovative tips and ideas to train your employees on how your target audience wants to be engaged. To learn more, please visit https://ibn.fm/NOGfD.

The Future of Zero Emission Homes, Take a Look at GeoSolar Technologies Inc.

  • The trend toward alternative home energy already had tailwinds and just got additional support from the new climate package passed by Congress
  • GeoSolar Technologies is an upstart making a name for itself with a comprehensive package to build or convert homes to zero emissions
  • GST’s home technology has been installed in multiple test homes in Colorado and achieved some of the most impressive energy efficiency ratings in the industry
Every U.S. president has a legacy goal, the one thing that will always be synonymous with their name. Joe Biden has climate control high on his priority list. Sure, there are challenges, but all politics aside, there are very good reasons to be optimistic about the future and decarbonization efforts. The tech is here today and companies like GeoSolar Technologies (“GST”) are making it affordable for people to build stylish, sustainable custom homes in a way that protects the environment. For those that are still hesitant, it is time to get on board. U.S. Congress recently passing the new climate and tax package wends way to about $370 billion in alternative energy funding, which will simply add tailwinds to existing trends of global scale. Barron’s recently provided a succinct look at alternative powers that have quietly emerged to become part of our daily lives, such as U.S. wind turbines now producing more power than the entire country used in 1950 or the fact that EVs (electric vehicles) now account for 5 percent of total new car sales. It wasn’t long ago that seeing a Tesla was an anomaly. Now, it’s hard to travel more than a few minutes on a highway without seeing one after another. Denver, Colorado-based GeoSolar Technologies is pioneering innovation for people to adopt clean energy into their homes by using what Mother Earth provides. The company is a one-stop shop for an all-electric home from analysis pre-construction (or retrofit) through air quality monitoring once everything is done. Once completed, a GeoSolar home is outfitted with a state-of-the-art photovoltaic (“PV”) solar system on the roof, a new geothermal HVAC (heating, ventilation, air conditioning) system, electric car charging station, LED lighting throughout, advanced hospital-grade, whole-home air purification system (that even destroys pathogens responsible COVID-19), detoxification and insulation upgrade, and more. Using a company like GeoSolar is part of another growing movement for homeowners to take ownership of their impact towards climate change. People are more proactive than ever before and have a far greater understanding of upstream and downstream effect in addition to what is only happening on their property. In other words, the idea of repurposing material where possible is better than knowing it is being buried or burned. To heat, cool, and power a home with 100% natural energy is a matter of harnessing energy from the sun and ground without the need for fossil fuels. The idea of solar power is relatively ubiquitous anymore, with most people understanding the process of solar panels capturing the sun’s rays and converting it to power for immediate use or storage in a power bank for times the sun is not out. Geothermal is perhaps a little less understood by the mainstream, but it is growing in popularity in every place where there is even a small yard to drill and install “loops.” Geothermal is the most energy efficient means to control temperature. There are different styles and configurations, but, in short, geothermal systems operate on the fact that the ground maintains a consistent temperature around 55 degrees Fahrenheit all year. By filling the loops (underground piping) with a fluid that helps in temperature exchange, the HVAC system doesn’t have to work as hard to create hot or cool air. The benefits of the GeoSolar systems abound and are more than just aesthetics or looking at a lower utility bill. How so? Consider that children that live in homes burning natural gas are 42% more likely to develop asthma and medication spend averages $3,266 per year to treat. As far as helping the environment, a Smart Green(TM) home produces zero emissions versus a typical fossil fuel-powered house generating 5+ tons of heat trapping emissions annually. GST’s home technology has been installed in multiple test homes in Colorado and achieved exceptional results, including some of the most impressive energy efficiency ratings (“HERS”) in the industry. The Smart Green™ system can be included in the home mortgage with no money down, 100% financing, and attractive terms available. And thanks to the process of Regulation A+ offerings, interested parties have an opportunity to be an early investor in GeoSolar Technologies with investments starting at just $300. For more information, visit the company’s website at www.GeoSolarPlus.com. NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://ibn.fm/GST

Friendable Inc. (FDBL) Offers a Solution to Artists Feeling Controlled and Undersupported in Today’s Music Industry

  • Musicians feel financially burdened by labels and streaming platforms within the industry’s traditional structure
  • Friendable’s 360-degree artist platform provides the solution to help artists produce, distribute, and market their music while retaining maximum revenue
  • Since the acquisition of Artist Republik and FeaturedX, Fan Pass Live has become the only platform offering artists a full-service option – production, distribution, and marketing with support and assistance from professionals who understand the industry
Friendable (OTC: FDBL), a mobile technology company focused on its proprietary Fan Pass Live artist platform, has identified and is addressing a notable problem within the music industry for artists and record labels. With the rapid evolution of technology within the industry, music streaming platforms have become a popular distribution method, but it is not without concern, especially when looking at the revenue collected by artists for their music. In 2021, The Guardian spoke with artists, songwriters, and industry insiders about this problem, highlighting the fees collected by platforms like Spotify and Apple Music versus what the artists collect (https://ibn.fm/yarlV). On average, most musicians lose 90% of their streaming revenue to record labels, 10% to booking agents, and up to 20% of their overall income to managers. Additionally, many artists who sign with labels feel a lack of support, feel controlled, and financially burdened by strict contracts. As technology changes, it is up to artists and labels to adapt instead of keeping the outdated practices in place in an ever-changing landscape. Friendable’s solution to these industry problems is the Fan Pass Live and Artist Republik 360 artist platform, which provides next-level support for artists. The platform could solve the outdated practices the music labels provide their musicians and enhance artists’ support for production, distribution, and marketing. The 360 artist platform helps independent artists produce, distribute and market their own music, via a wide range of services that include:
  • Music Distribution and Management
  • Music Production Assistance
  • Press Release and Instagram Promotion
  • Digital Storefront Activation
  • Artist Marketplace for Collaborations
  • Merch, Logo, and Promotional Design Support
  • Virtual Concert Booking and Ticketing Mobile Streaming Service
  • Live Streaming Support
  • Revenue from Fan Tips, Monthly Artist Contests, Merch, and Ticket Sales
  • Access to Fan Data and Performance Analytics
  • Monthly Artist Contests
  • NFT Development and Metaverse Performances – Coming Soon
Artists get a unique experience when using Fan Pass Live, interacting with fans in ways other platforms do not offer – backstage and one-on-one experiences directly from the mobile device. Fans get a unique look inside the artist’s life, giving them a front-row seat before, after, and during the show. With Fan Pass Live, artists collect more of the revenue they earn through fan tips, monthly artist contests, merchandise sales, and ticket sales. These earnings go back to the artist instead of in the hands of a middleman or record label, changing the industry’s dynamic – in favor of the artist over the managing entity. Artists are also getting the support they need from staff versed in the music industry, giving them feedback and guidance on both professional and personal levels. Friendable’s flagship offering, Fan Pass Live, was released in July 2020. In January 2022, the company completed its acquisition of Artist Republik and FeaturedX, creating the 360-degree platform for artists to receive the support and resources necessary to pursue independent music careers. Since the acquisition, the platform has seen an increase in site metrics, including 4.5k average unique monthly visitors, four-minute average session duration, 17% monthly conversion rate average, and 1k monthly social referral average. For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.com. NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Acquires Agricultural Energy Producer as It Seeks to Bolster RNG Production Capabilities

  • EverGen Infrastructure recently acquired a majority stake in an Alberta-based potato farming operation, focused around capturing methane emissions from organic waste, and upgrading it to Renewable Natural Gas to sell to utilities
  • The company has recently stated a goal to expand to 20 production sites within 5 years as they seek to capitalize on the Canadian electric grid’s move towards securing renewable energy feedstocks
  • In recent years, a number of Canadian provinces have introduced RNG mandates for their energy supplies
  • That move will soon be mimicked in the United States, with the $430bn climate bill set to be signed into law
Nestled in the foothills of the Canadian Rocky Mountains, the Perry family’s potato farming operations have supplied the likes of Frito-Lay and McCain Foods Ltd for over a generation. In recent years however, the Alberta-based operation has sought to capitalize on their agrarian operations in a manner that may not have been envisioned by its original founders – the production of renewable natural gas (“RNG”). GrowTEC, the Perry family’s power generation operation, seeks to capture the methane produced by over 15,000 tonnes of decomposing potatoes and other waste annually, using the generated electricity to power their farming operations whilst selling any excess power to the provincial grid. In July, the Perrys agreed to sell two-thirds of their budding biogas business to EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF), a British-Columbia based natural gas operator, for $2.1 million. In return, EverGen will fund the investments needed to upgrade the company’s gas production, enabling it to be injected into the pipeline network under a 20-year contact with FortisBC, British Columbia’s main gas utility. Since 2010, the global movement to replace coal with gas for power generation has prevented over 500 million tonnes of carbon dioxide from being released into the atmosphere, the carbon equivalent of upwards of 200 million internal combustion engine vehicles being replaced by electric vehicles. Nonetheless, methane production, which emanates from decomposing organic waste in landfills, food waste and wastewater and is said to be at least 25 times more potent as a climate-warming gas relative to carbon dioxide, has gone largely unchecked. The Canadian Biogas Association has recently revealed that the production of biogas and renewable natural gas could halve the collective potential to cut the nation’s methane emissions – a primary feedstock for biogas and RNG, by as much as half as of 2030. The movement has gained further impetus with various Canadian provinces introducing mandates to boost RNG use in recent years; in 2019, Quebec states that its gas grid would blend a minimum of 1-percent RNG into its feedstock mix, a figure set to rise to as much as 10 percent by 2030. EverGen Infrastructure has sought to capitalize on the move towards increased RNG production, with a publicly stated goal to own over 20 facilities across the country within five years – an aim which has underpinned the company’s purchase of a majority stake in the Perry family’s GrowTEC operation as well as several others of the kind. “We are a renewable natural gas energy company. We’re a developer, owner and operator of projects that take organic waste and convert that organic waste into renewable energy in the form of renewable natural gas (‘RNG’),” stated Chase Edgelow, Co-Founder and CEO of EverGen Infrastructure Cop. “[Canadian utilities, like FortisBC] offer 20-year contracted offtakes to companies like ours to supply them with green energy, which provides a certainty for our business. Our business is then going out and building facilities that will take organic waste and convert it into RNG.” Moreover, the movement towards cleaner fuel sources has not been confined to Canada alone. In early September 2022, the United States Government is set to sign into law a $430 billion bill, widely hailed as the biggest climate package in U.S. history, with an objective to cut domestic greenhouse gas emissions. In addition to boosting production of traditional renewable energy sources such as wind, solar, and hydro—electric power, the bill will also seek to boost production of the likes of hydrogen and renewable natural gas, an aim recently lauded by Mr. Edgelow. “If you look back at the benefits of bringing in other sources of energy 20 years ago, there wasn’t one silver bullet for the electrical grid to be as renewable as it is today, with wind, solar and hydro,” he said. I think renewable natural gas can hold its own, and at the same time solve a massive waste problem and emissions problem from waste.” For more information, visit the company’s website at www.EvergenInfra.com. NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

Passage of Clean Energy Incentive Legislation Boosts Options for Correlate Infrastructure Partners Inc. (CIPI) Efforts to Build Energy Optimization

  • Congressional legislation signed into law Aug. 16 aims to provide billions of dollars in incentives for transforming the nation’s infrastructure to a more clean energy-dependent society
  • The law is part of President Joe Biden’s administrative commitment to reducing the nation’s greenhouse gas emissions by half before the end of the decade
  • Energy use optimization facilitator Correlate Infrastructure Partners is applauding the administration’s efforts and anticipates the resulting tax incentives will provide a boost to clients seeking to improve their utilities profiles
  • Climate change concerns have garnered increasing attention from international governments in recent years and CIPI’s subsidiaries are working together to help advance private industry efforts to reduce greenhouse gas pollutants
Concerns about the devastating potential of climate change on humanity have by no means decreased during a summer in which much of the nation has experienced unusually hot summer temperatures. And researchers, using a risk factor tool to measure existing land temperatures plus a variety of possible greenhouse gas scenarios, are forecasting a rising number of 100-plus temperature days as well as a new “extreme heat belt” across the United States’ midsection. “Everybody is affected by increasing heat, whether it be absolute increases in dangerous days or it’s just a local hot day,” the chief research officer, Jeremy Porter, told NBC News this month (https://ibn.fm/qW6LQ). Louisiana-based energy use advisement company Correlate Infrastructure Partners (OTCQB: CIPI) has developed a standout methodology for helping the real estate industry optimize utilities use and greenhouse gas production in an effort to help reduce climate impacts in that sector. The company’s subsidiaries work in harmony to evaluate existing building energy use practices, identifying areas for potential efficiency improvements and cost savings then helping companies find avenues for financial incentives and assistance. A Congressional funding package that received President Joe Biden’s signature Aug. 16 has excited proponents of better climate policy with its billions of dollars of allocations for incentivizing more electrical and less carbon-burning energy consumption. A report on the anticipated benefits of the act highlighted tax credits for electric vehicles and other clean energy production technologies, as well as funding for the development of technologies to remove carbon dioxide from the atmosphere. “It could not come soon enough,” Manish Bapna, the president and CEO of an environmental advocacy group, stated in the report (https://ibn.fm/Mqpuw). “This law puts the nation’s goals for combatting climate pollution within reach, while millions are suffering through yet another summer of extreme weather disasters.” Biden’s administration has identified goals of cutting carbon-based emissions in half by 2030 — less than eight years from now — and advocates believe the funding legislation could help make the goals a reality while letting international partners know of U.S. commitment to working with them toward climate solutions established in the United Nations’ Paris Accords six years ago (https://ibn.fm/0mXHD). The new legislation will help realize the goals through tax credits for electric appliances and other technologies designed to increase energy efficiency in buildings and reduce energy costs, leading to a transformation of the country’s entire energy infrastructure. The White House claims greenhouse gas emissions will be reduced by a billion metric tons by 2030 thanks to the legislation, and it plans to send Cabinet members on a cross-country proselyting campaign through 23 states by the end of the month to showcase the legislation’s benefits. “The path to full decarbonization will take ambition and intentional execution,” CIPI CEO Todd Michaels stated in June (https://ibn.fm/HZ8sd). “By teaming up with industry innovators and experts, we can guide commercial real estate owners in creating new revenue and rent opportunities from their existing energy assets.” For more information, visit the company’s website at www.CorrelateInfra.com, including the following: NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

D-Wave Quantum Inc. (NYSE: QBTS) Launch(TM) Program Provides Onboarding Professional Services for Quantum Computing Across a Variety of Industries, including Manufacturing and Logistics, Financial Services, and Life Sciences

  • D-Wave is the only company building both annealing and gate-based quantum computers and applications, encouraging a growing stream of customers
  • D-Wave works with more than two dozen of the Forbes Global 2000 companies and has recently added customers including Deloitte, Koç Holding, CaixaBank, CoSyne Therapeutics, and Qcenter/SKK University
  • D-Wave Launch(TM) helps customers from a variety of industries discover and deploy the right quantum computing use cases for their unique business challenges
As the only company building annealing and gate-based quantum computers, D-Wave Quantum (NYSE: QBTS) has a growing stream of customers in its portfolio, including more than two dozen Forbes Global 2000 companies, and has recently added Deloitte, Koç Holding, CaixaBank, CoSyne Therapeutics, and Qcenter/SKK University (https://ibn.fm/agSuA) to its customer roster. Companies from a variety of industries, including manufacturing and logistics, financial services and life sciences, are showing increasing interest in evaluating the benefits of quantum computing solutions. D-Wave has worked with customers that have developed hundreds of early quantum computing applications, including, among many others, 3D bin packing of shipping containers, vessel logistics optimization, employee scheduling, dynamic body-shop scheduling, portfolio optimization, and supply chain automation. With a commitment to making quantum solution implementation as easy as possible for its customers, D-Wave designed the Launch(TM) program. The program’s goal is to help companies across a multitude of verticals get started with quantum computing by identifying the right types of business problems to run on a quantum computer and developing solutions to address these complex challenges through its proprietary annealing quantum computing and quantum hybrid technologies. The four-step D-Wave Launch(TM) program engages an in-house professional services team and technical domain experts to kick off quantum projects, provide the necessary quantum training for teams, and realize business value faster. Launch(TM) can support customers with: Problem Discovery D-Wave helps companies identify the key quantum applications that could be valuable to their business. Quantum PoC D-Wave builds a working prototype (or proof-of-concept) using real application data and scopes out production application roadmaps. Production Pilot D-Wave builds, tests, and deploys a limited production-scale application that uses a phased approach. In Production D-Wave helps deploy a live application at a full-production scale. “We are at an interesting inflection point in the evolution of quantum computing. Increasingly, we’re seeing large enterprises, and ground-breaking start-ups begin to explore and embrace the power of quantum computing for their most complex use cases,” said Mark Snedeker, senior vice president, growth at D-Wave. “We are honored to work with such leading-edge brands and are excited to assist in translating their ideas into action by helping them build in-production quantum applications.” D-Wave Launch(TM) provides companies with the resources necessary to jump-start their quantum journey. For more information, visit the D-Wave Systems website at www.DWaveSys.com. NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Freight Technologies Inc. (NASDAQ: FRGT) Grows its Product Offering; Looks to Reinforce Business Relationships in Mexico with Scheduled CFDI 4.0 Launch

  • Freight Technologies Inc., often abbreviated as Fr8Tech, has seen the introduction of a unique solutions suite designed to optimize and automate the supply chain process and provide a platform for B2B cross-border shipping in the NAFTA region
  • Hudson Capital Inc. acquired 100% of Freight App, Inc. as a wholly owned subsidiary on February 14, 2022, and Fr8App (a “DBA” for Freight App, Inc.) is not only a DBA name, it is their core marketplace (a service or platform under the Freight Technologies umbrella) (https://ibn.fm/mZnwe)
  • Fr8App, the company’s flagship product and platform for cross-border shipping, offers a cloud-based marketplace that simplifies the once-complex process of organizing and optimizing international over-the-road (“OTR”) shipping
  • Fr8Tech just announced that its wholly owned Mexican subsidiary is on schedule to automate the alignment of its Fr8App platform with Mexico’s CFDI 4.0, a new standard for digital tax receipts that will become mandatory in January 2023
  • Through innovation, Fr8Tech is lowering the barrier of entry into tech solutions in the cross-border shipping space, allowing shippers to enjoy flexibility, visibility, and simplicity, and carriers to achieve increased growth opportunities
The Fr8App platform for cross-border shipping, allows Freight Technologies (NASDAQ: FRGT) (Fr8Tech) to offer a cloud-based marketplace that simplifies the once-complex process of international over-the-road (“OTR”) cross-border shipping, promising shippers quick and safe cross-border shipments while streamlining daily carrier operations (https://ibn.fm/Scn3d). The platform functions just as well for domestic, intra-country operations in each of the countries of the United States of America, Mexico or Canada. Because of this and the other offerings in the Fr8Tech solutions suite, including but not limited to Fr8Radar, Fr8TMS, and Fr8FMS, the company has come to be known for developing solutions to optimize and automate the supply chain process, offering a powerful platform for business-to-business (“B2B”) cross-border shipping in the North American Free Trade Agreement (“NAFTA”) region. Fr8Tech is constantly exploring new ways to create more value for its clients and streamline the region’s cross-border shipping process. To that effect, the company’s wholly-owned subsidiary, Freight App de Mexico, SA de CV, just announced that it is on schedule to automate Fr8App’s alignment with CFDI 4.0, a legal requirement for companies that are registered in Mexico’s Tax Administration Service (“SAT”) (https://ibn.fm/BdECJ) and that carry freight across the Mexican border and, in some instances, within Mexico itself. “We are on schedule to be prepared to support our clients with the new tax requirements by July 2022 and we will help our clients comply with this essential fiscal reporting requirement, which will allow us to reinforce our business relationships in Mexico,” noted Javier Selgas, the Chief Executive Officer (“CEO”) of Freight Technologies. CFDI is the Digital Tax Receipt’s new version, used by taxpayers to issue electronic invoices. It replaces the previous version (“CFDI 3.3”) and features fields to identify the operations where there is an export of goods. It also helps to identify if operations covered by the receipt are subject to indirect taxes and also incorporates new sections to report information regarding operations to the general public. Initially, the CFDI 4.0 standard was set to be mandatory as of July 2022. However, tax authorities granted an extension to January 2023. Regardless, Fr8Tech believes that the period is still too short for smaller carriers to develop their own solutions and deploy them before the deadline. As such, the company believes its offering is a more viable solution and cost-effective approach to meet the required standards. Furthermore, non-compliance, once the deadline passes, could result in fines or halting deliveries with non-compliant paperwork, which makes Fr8Tech’s solution even more appealing to businesses in the region. “We believe that smaller carriers can’t afford to develop these solutions in a timely way on their own, so our ability to provide them with an automated tool increases our value proposition for them,” noted Mr. Selgas. Through innovation, the company is lowering the barrier of entry into these tech solutions, making them accessible to more businesses across the region. In addition, it offers carriers increased growth opportunities and shippers flexibility, visibility, and simplicity, helping to grow the industry and the businesses therein. Fr8Tech believes that offering its solutions will increase the value-added nature of its services, strengthen its business relationships across the NAFTA region and increase its technology’s adoption in the market. Its management is also optimistic about the future, as it continues to innovate and introduce new product offerings. “By addressing complex tax compliance issues with technology and automation, we increase the value-added nature of our services for anyone that requires CFDI compliance,” noted Mr. Selgas. For more information, visit the company’s website at www.Fr8Technologies.com. NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT

Golden Matrix Group Inc. (NASDAQ: GMGI) Primed for Online Gambling Explosion in U.S.

  • Since the federal government stepped out of the way with laws, 6 states so far have legal online casino games, with 3 already topping $1.0 billion in annual revenue
  • Las Vegas-based Golden Matrix Group has built a robust platform it customizes and white labels to international casino operators providing access to over 10,000 games
  • Well-suited to curate systems for American operators, Golden Matrix has experienced a surge in sales in 2022 from its Asia-Pacific customers
Americans have always embraced gambling, but it has only been in the last decade or so that they had any ease of access outside of traveling to Las Vegas, New Jersey, or a tribal casino. The Department of Justice changed that in 2011 with a new opinion on how the federal government interpreted the Wire Act, opening the door to internet-based casinos. Sports betting remained verboten until 2018 when the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act (“PASPA”) legalizing sports betting at the federal level too. Only a handful of years into implementing regulations, the market is thriving with plenty of room for growth for companies in the B2B (business-to-business) space as operators fight to win and retain customers with engaging games. That plays right into the hands of Las Vegas-based Golden Matrix Group (NASDAQ: GMGI) which already has an international presence providing over 10,000 games to 25+ game providers. To lend some color to the opportunity, consider that only six states have legal online casinos so far and three of those – New Jersey, Michigan, and Pennsylvania – each generated over $1.0 billion in annual revenue from internet casinos in 2021. It was Michigan’s first year for online betting. That is still a fraction of the record $53.03 billion in revenue produced by the commercial gaming industry last year. As it went, all 34 jurisdictions with commercial casino or sports betting reported an increase in gaming revenue in 2021 over 2020, including 23 states hitting all-time highs. The growth spells opportunity Golden Matrix, a leading provider of turnkey and white label gaming platforms, Esports technology and gaming content. The company’s primary footprint is in Asia Pacific where it has over 635 operators in its portfolio reaching 6.5 million end users. Golden Matrix flagship product is its GM-X System, a configurable and scalable turnkey gaming platform regarded as the industry standard. Golden Matrix reported a 278% surge in year-over-year revenue during the first six months of fiscal 2022, reaching $17.4 million. Legalization of online betting could see an acceleration in the coming years as states seek new ways to generate tax revenue. While only six currently allow online casinos, 34 have enacted laws allowing sports betting, albeit sportsbooks or daily fantasy sports (“DFS”). Vixio Gambling Compliance estimates that the U.S. sports betting and online casino market combined for $7.75 billion in gross revenue in 2021 and will leap to $24.3 billion by 2026, which would make it the largest market in the world. After many legislative actions were delayed because of the COVID-19 pandemic, 2022 and 2023 represent fresh starts for states looking to legalize. In fact, resistance to online gambling may be softened going forward as states revenue streams took a hit with shuttering brick-and-mortar casinos during pandemic lockdowns. Bonus.com does a good job with tracking state’s legislative actions towards legalized gambling, which provides a great overall view of just how explosive the market could be in the coming years. With its robust portfolio of products from analytics to loyalty tools, Golden Matrix could be a solid beneficiary from the growth. For more information, visit the company’s website at www.GoldenMatrix.com. NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

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Robotics and automation are no longer futuristic aspirations; they are rapidly reshaping hospitality operations today. Nightfood Holdings (OTCQB: NGTF) is pioneering this transformation with advanced AI-enabled robotic solutions designed to elevate service quality, optimize operational efficiency and enhance guest experience across the hospitality industry. Hospitality has always thrived on prompt, personalized service, but as labor […]

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