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Silo Pharma Inc. (NASDAQ: SILO) Successfully Uplists, Commences Trading on the Nasdaq Market

  • Silo Pharma, Inc recently uplisted to the Nasdaq Capital Market, raising gross proceeds of $5 million
  • The biopharmaceutical company has sought to merge traditional therapeutics and psychedelic research, entering into a series of joint ventures with leading medical universities to carry out research into the field
  • Meanwhile, psychedelics are gaining increasing favour within the United States with Oregon set to begin allowing the supervised usage of psilocybin from 2023 onwards
Silo Pharma (NASDAQ: SILO), a developmental stage biopharmaceutical company focused around merging traditional therapeutics with psychedelic research, recently announced that it had successfully priced its fully underwritten initial public offering, raising gross proceeds of $5 million dollars through the sale of one million shares of its common stock. Furthermore, the company revealed that it had granted a 45-day option to its underwriter to purchase up to an additional 150,000 shares of common stock to cover over-allotments, if any.  Following the offering and as of September 27, 2022, the company’s common stock listed on the Nasdaq Capital Market and commenced trading under the ticker symbol “SILO” (https://ibn.fm/mmEsK). Originally founded in 2010, Silo Pharma has distinguished itself amongst peers for its ground-breaking research into conditions such as post-traumatic stress disorder (“PTSD”), fibromyalgia, Alzheimer’s disease, Parkinson’s disease, and other rare neurological disorders. Increasingly and over the past two decades, clinical research on psychedelics, most notably psilocybin and methylenedioxymethamphetamine (“MDMA”), has steadily progressed from pilot studies confirming safety and feasibility, through to early phase trials providing preliminary evidence of clinical efficacy. Silo Pharma has been an early pioneer of these research studies through its commitment to develop innovative solutions to address a variety of underserved conditions, many of which are being carried out in partnership with leading medical universities across the globe. In one such instance, Silo Pharma has looked to engage in a sponsored study with the Netherland’s Maastricht University, examining the effect on repeated low doses of ketamine and psilocybin on cognitive and emotional dysfunctions resulting from Parkinson’s disease. Separately, the company has also entered into agreements with the University of California San Francisco (“UCSF”) to determine the effects of psilocybin on inflammation; with the University of Maryland, Baltimore to explore a novel invention known as joint-homing peptides; as well as simultaneously signing an agreement with Columbia University, granting it an option to license a number of assets under development including a prophylactic treatment for stress-induced disorders and PTSD. Although the use of psychedelics has been prolific amongst indigenous populations around the world for hundreds of years, recent medical studies have increasingly shown that psilocybin – a naturally occurring psychedelic prodrug produced within various species of fungi, along with other psychedelics, could have beneficial effects for a variety of mental health related conditions. This movement was further reinforced in 2018, when the U.S. Food and Drug Administration labelled psilocybin a “breakthrough therapy” in treatment for severe depression, a designation the agency applies to drugs that in early trials demonstrate substantial improvement over existing treatments (https://ibn.fm/bX5PY). In 2020, Oregon voters approved a ballot measure which paved the way for the state to put in place a legislative framework which, starting in 2023, will enable patients to take psilocybin under supervision (https://ibn.fm/FurGl). Following on from Oregon’s pioneering actions, Texas, Utah, and Washington State have all set up task forces or funded research into the medical use of psilocybin. Meanwhile, Maryland has created a $1 million fund to study alternative treatments, including psychedelics, for PTSD or traumatic brain injury, and to pay for such treatments for veterans. With psilocybin and psychedelic-based therapeutic treatment increasingly gaining favour amongst the medical community and with a rising prevalence of depression and mental disorders within modern society, forecasts have now projected the psychedelic drugs market to swell to a value of $6.8 billion annual by 2027, representing a CAGR of 16.3% within the forecast period of 2020 to 2027 (https://ibn.fm/qMaaq). Through their recent NASDAQ uplist and various research and drug developmental initiatives, Silo Pharma have sought to position themselves at the forefront of the psychedelic revolution currently affecting the medical field. “After the exciting progress we have made over the last year, uplisting to the NASDAQ is the next strategic step for Silo Pharma. A NASDAQ listing should provide greater liquidity for our investors, attract institutional investors, increase the visibility of the company and raise our overall profile,” said Eric Weisblum, CEO of Silo Pharma. For more information, visit the company’s website at www.SiloPharma.com. NOTE TO INVESTORS: The latest news and updates relating to SILO are available in the company’s newsroom at https://ibn.fm/SILO

Mullen Automotive Inc. (NASDAQ: MULN) Partners with Global Pioneer in AWG Sector to Develop Water-from-Air EV Solutions

  • Mullen and Watergen are together developing technology to produce fresh drinking water from the air for in-vehicle consumer and commercial application
  • Opportunities for air-to-water vehicle applications are endless, and Mullen is proud to work with Watergen on this game-changing technology
  • This innovative tech is envisioned for Mullen’s fleet of EV cargo vans and can be utilized in both commercial and recreational vehicle settings
A Car and Driver article points to climbing sales in the U.S. electric vehicle space as one of the signs that the country is accepting EVs (https://ibn.fm/2BclA). This growing acceptance is fueling Mullen Automotive (NASDAQ: MULN) commitment to make EVs more accessible than ever (https://ibn.fm/0sTw0). As evidence of that focus, Mullen recently announced a partnership with Watergen Inc. to develop and equip Mullen’s portfolio of electric vehicles with technology that will produce fresh drinking water from the air for in-vehicle consumer and commercial application. “Our partnership with Watergen has been months in the making and is a very exciting opportunity for both our companies,” said Mullen Automotive CEO and chair David Michery. “Mullen will be the first automotive company to codevelop this technology with Watergen for our entire portfolio of electric vehicles. The opportunities for air-to-water vehicle applications are endless, and Mullen is proud to partner with Watergen on this game-changing technology.” According to the company, Watergen is an Israel-based company and a global pioneer in the atmospheric drinking water devices (“AWG”) market, building technology and equipment that create drinking water from the air. “The company’s solutions are the most effective and economical way to solve the pressing issue of drinking water scarcity in any location, at any time, and to enable the elimination of carbon-intensive supply chains and environmentally harmful plastic waste,” the announcement stated. “Watergen’s technology of ‘air to clean drinking water’ for vehicles can generate a fresh supply of hot and cold drinking water for vehicle occupants,” the statement continued. “This technology is envisioned for Mullen’s fleet of EV cargo vans and can be utilized in both commercial and recreational vehicle settings. The air-to-water systems will provide up to five liters of drinking water daily, directly from the air, while the vehicle is moving and can be used as a fresh water source for the vehicle occupants.” The partnership has been in the making for several months. Mullen has been one of Watergen’s design partners for in-vehicle, air-to-water technology, with the goal of Mullen initiating vehicle testing of the new service in Q1 2023. “The cooperation with Mullen takes us another step towards a cleaner environment and a unique and uncompromising vehicle experience,” said Watergen vice president of mobility Steve Elbaz. “We are working and will continue to work for a clean future — not just for us but for every person in this world.” Mullen is a Southern California–based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. The company’s current EV development portfolio includes the Mullen FIVE EV Crossover, the Mullen ONE EV Fleet Vans and the DragonFLY Sports Car. The company has evolved over the past decade in sync with consumers and technology trends. Today, MULN is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. For more information about the company, visit www.MullenUSA.com. NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

Correlate Infrastructure Partners Inc. (CIPI) Boosts Clients ESG Profiles, Helps Eliminate ‘Greenwashing’ Criticisms

  • Louisiana-based Correlate Infrastructure Partners Inc. provides commercial industry solutions for reducing climate-averse energy use and pollutant emissions, drawing on Correlate’s data-driven analysis and experienced financial resources analysis
  • The United States’ recently passed Inflation Reduction Act was a governmental effort to create incentives for greater renewable energy adoption, and CIPI anticipates a resulting tailwind effect for the company’s efforts to promote climate responsibility
  • Many companies are using environmental, social and governance (“ESG”) reports to identify their approach to climate-friendly action in a transparent manner
  • CIPI can draw on its experience to help clients avoid charges of “greenwashing” their ESG reports as a growing number of companies come under criticism for how they present their environmental friendliness
Economic worries have underscored news-of-the-moment reports for months as food and energy prices have soared, employment fatigue has hampered retailers and another season has brought its share of punishing weather conditions. U.S. Treasury Secretary Janet Yellen, responsible for translating the government’s directives into policy that manages the public debt and sustains the economy, stated in a recent interview that advances in the adoption of renewable energy such as the newly passed Inflation Reduction Act (“IRA”) will ultimately help strengthen the nation’s economy through energy security (https://ibn.fm/JCQs1). Clean energy solutions innovator Correlate Infrastructure Partners (OTCQB: CIPI) applauded the IRA as a means of providing consumers with great incentives for changing their customary approach to energy use toward more greenhouse gas-reducing options as financial assistance to climate-friendly companies trickles down. “The historic climate bill includes several initiatives that will provide long-term stability and incentives to the U.S. renewable energy industry,” Correlate Infrastructure Partners CEO Todd Michaels stated in an August news release (https://ibn.fm/tB5F3). “This includes an increase and extension of the investment tax credit for solar and storage and a more flexible structure for companies like Correlate to monetize that tax credit. These two key proposals have the potential to accelerate Correlate’s growth, support our ability to own and operate nationwide solar and storage assets, and contribute to strengthening the economy through clean energy project deployment.” Correlate, also known as CIPI, helps clients improve the ways their commercial buildings use energy by evaluating current energy use, anticipating potential ways to reduce their energy use and pollutants, and identifying ways to finance the transition and make the climate-friendly changes as affordable as possible. These changes in turn have the potential to reduce the degree to which state power grids are taxed during severe weather events, creating the potential for improved emergency response to such situations. “Once we identify the right mix of energy upgrades for a given property or portfolio, we then provide all the capital to deploy those technologies and maintain them over time including monitoring these facilities on a 24/7 basis,” Michaels stated in a September interview posted on the company’s website (https://ibn.fm/m5HVd). “Ongoing maintenance is very complex and even some of the most sophisticated facility management companies don’t have the resources to effectively manage it.” While commercial industries have increased their use of environmental, social and governance (“ESG”) reporting to provide quality of life-conscious consumers with a measurable standard for judging the value of companies beyond their financial net worth, consumers and regulators still need to exercise caution in evaluating businesses’ transparency and the possibility they may be “greenwashing” their performance reports, a Sept. 21 CNBC report argued. “The debate surrounding greenwashing is becoming increasingly fierce, with the charge often leveled at multinational companies with vast resources and significant carbon footprints,” the report stated (https://ibn.fm/IU7zS). In addition to greenwashing investigations of companies by regulatory agencies such as the U.S. Securities and Exchange Commission (“SEC”) and criminal prosecutors in Germany (https://ibn.fm/0mcrw), a number of environmental organizations joined together in filing a lawsuit this summer against aviation giant KLM, showing the resources at their disposal to battle ESG claims they consider questionable (https://ibn.fm/uQjJM). CIPI’s expertise and resourcefulness can help industry clients boost their ESG profiles and avoid negative greenwashing publicity from critics. 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

GeoSolar Technologies Inc. Seeks to Bring a Green Revolution to America and Show it Doesn’t Have to Cost that Much

  • The 28 home Geos neighborhood in Arvada, Colorado has distinguished itself for its provision of net-zero-energy, green homes
  • The homes used technology akin to that provided by GeoSolar Technologies’ SmartGreen(TM) Home System
  • The SmartGreen(TM) Home System has sought to make the average American home environmentally friendly whilst satisfying its energy requirements entirely through renewable energy sources – slashing utility bills close to zero in the process
In 2015, Dar-Long Chang quit his 15-year career with ExxonMobil after coming to the realization that oil and gas was not a sustainable industry – a decision whose foundations lay well in the past, when Hurricane Ike impacted the city of Houston in 2008. The tropical cyclone made landfall on September 13, 2008, ravaging the state of Texas with sustained winds upwards of 110 miles per hour (“mph”). The hurricane would go on to damage over eighty percent of Houston’s homes and infrastructure, whilst knocking out power to over three million Texans by one count. Dar-Lon Chang attributed the disaster to climate change. Years later, when he made the decision to quit ExxonMobil, Chang looked for an environmentally friendly home, one which would be both, energy sufficient and help contribute to a Net Zero future. What he found was the Geos Neighborhood in Arvada, Colorado (https://ibn.fm/wwXvl). Homes powered by renewable energy have long been dismissed by developers and consumers as an unrealistic ideal; developers would remark on the elevated upfront costs that such a building would entail (i.e. it costs an average of $18,000 to install a 6kW grid-tied residential solar system) and the lengthy payback period that such an investment would result in (https://ibn.fm/PmVE2). However, Norbert Klebl, the engineer behind the net-zero-energy, 28-home Geos neighborhood argues that the price of going green doesn’t have to be that high. Klebl revealed that the 28 homes required an estimated $20,000 to $25,000 extra in construction costs per home. Moreover, he added, the homes resulted in a 70 percent improvement in energy efficiency whilst simultaneously, slashing the consumption of fossil fuel-based energy to zero. It is exactly this kind of vision that GeoSolar Technologies (“GST”), a Colorado-based climate technology company which provided the systems underpinning the Geos Neighborhood, is now looking to bring to fruition at a grander scale. Through the introduction of its proprietary Smart Green Home system – an environmentally friendly, renewable energy focused technology designed to harness energy from the earth and sun to power and purify homes and automobiles without the use of fossil fuels, GeoSolar have looked to tackle the astounding thirty percent of global greenhouse gases generated by households every year. Moreover and during a time of increasingly elevated electricity costs, the company revealed that the average GeoSolar-powered home could result in a negligible carbon footprint with homeowners disbursing less than $100 per annum in utility bills  (https://www.geosolarplus.com/geosolarplus). Whilst the installation of solar panels and geothermal heat pumps have played an important role in the construction of a GeoSolar Technologies-powered home, the Company has sought to adopt a more holistic approach towards energy conservation and the achievement of a carbon-free future. Homes are oriented with large, south-facing windows, thereby attracting sunlight in the wintertime. Houses are also created with ‘tighter shells’ and triple-paned windows to avoid leakages; as Geos engineer Norbert Klebl noted, the average American home exchanged upwards of 100 percent of its interior air every five hours through leakages alone. Finally, the homes would be conditioned with a unique air circulation system, recirculating air through air and heat pumps to heat and cool homes rather than relying on traditional air-conditioning and gas furnace systems. Although Klebl acknowledged that some people could view the heat pumps as a “mystery” given the rarity of the technology within American homes and their temperature regulation systems, he did point out that it was relatively commonplace. Nearly every household in American had a heat pump in the form of a refrigerator he noted, designed to keep the interior cold, and heat out. A recent study carried out by Consumer Affairs found that seventy percent of American homeowners reported an increase in home value following the installation of solar panels, with three out of four homeowners stating that they would not buy their next home if the property did not boast solar or some type of eco-friendly feature. With sustainable living and renewable energy provision increasingly on the minds of homeowners, GeoSolar Technologies has sought to position itself to assist with the green revolution soon to hit American shores. 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

Flora Growth Corp. (NASDAQ: FLGC) Expands Global Distribution Network to Three Industry-Leading Countries; Wins Award for Best M&A Deal at the 2022 Benzinga Cannabis Capital Conference

  • Flora just announced the first successful export of Colombian high-CBD dried cannabis flower to Switzerland and the Czech Republic, as well as CBD isolate to the United States
  • Luis Merchan, the company’s CEO, has described this as a “major milestone,” one that further defines the company’s revenue pipeline
  • He pointed out the increasing demand for Flora’s high-quality, high-margin flower and derivatives from its cultivation operation in Colombia, terming it as a testament to the Flora team’s ability to execute in a very complex global regulatory environment
  • Flora also earned the Best M&A Deal award at Benzinga’s 2022 Cannabis Capital Conference in Chicago, an award that recognized the company’s strategic M&A objectives, including acquiring products, expertise, expanding distribution, and customers
On September 26, Flora Growth (NASDAQ: FLGC) announced the first successful export of Colombian high-CBD dried cannabis flower to Switzerland and the Czech Republic, as well as CBD, isolate to the United States. Luis Merchan, Chairman and Chief Executive Officer (“CEO”) of the company, described this as a “major milestone,” one that further defines Flora’s revenue pipeline. The company also launched its commercial website, where interested buyers can expedite the processing of orders and learn about the company’s cultivation and growth practices (https://ibn.fm/3u3DW). With the global CBD market having achieved impressive growth thus far and showing even greater potential growth in the coming years, Flora is positioning itself as a key industry player, looking to take advantage of this development. The sector is projected to be valued at US$47 billion by 2028, up from US$4.9 billion in 2021 (https://ibn.fm/vlu4Y). This growth will be primarily attributed to an overall shift in policy on CBD programs in key markets, with countries such as Switzerland announcing pilot projects to open adult-use cannabis sales to test the viability of a fully legal recreational market. “As our global distribution network continues to evolve, adding these three industry-leading countries to our footprint is a major milestone for Flora,” noted Mr. Merchan. “Our cultivation operation in Colombia, which provides high-quality, high-margin flower and derivatives, has experienced increasing demand. These exports are a testament to our team’s ability to execute in a very complex global regulatory environment and create new commercial revenue for our company,” he added. Flora’s current performance can be attributed to the company’s commitment to diversifying its product line and its team’s resolve to explore new markets. In addition, the company has leveraged strategic acquisitions, including Vessel Brand Inc., Just Brands LLC, and High Roller Private Label LLC, among others, to achieve both short-term and long-term objectives. These efforts have earned Flora the Best M&A Deal award at Benzinga’s 2022 Cannabis Capital Conference held in Chicago. “We are honored to receive the award for Best M&A Deal at the Benzinga Cannabis Capital Conference, which recognizes our strategic M&A objectives, including acquiring products, expertise, expanding distribution, and customers,” noted Mr. Merchan (https://ibn.fm/uqraz). Flora’s acquisitions have enhanced the company’s infrastructure in the United States while allowing it to benefit from widespread distribution across various mainstream U.S. channels. JustCBD’s acquisition, completed in February 2022, for instance, expanded the company’s portfolio by over 300 products and opened the company up to over 300,000 customers. “This acquisition continues to strengthen Flora’s foothold in the U.S. wellness market as well as providing meaningful growth acceleration and delivering human capital to the Flora organization,” noted Mr. Merchan during the announcement of the JustCBD acquisition (https://ibn.fm/DUz4l). For more information, visit the company’s website at www.FloraGrowth.com. NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://ibn.fm/FLGC

Sugarmade Inc. (SGMD) Positioning Itself in Space Seeing Growing Government Support

  • More than a dozen cannabis reform bills were passed by the California legislature during the summer
  • Governor Newsom signed 10 of the bills
  • SGMD is focused on strengthening its presence in a variety of spaces, including cannabis
As the California legislature ended its session last month, more than a dozen cannabis reform bills were approved and sent to Governor Gavin Newsom for his consideration (https://ibn.fm/TLbMU); ultimately, the governor signed 10 of them (https://ibn.fm/HOL7u). The show of government support for cannabis in the state bodes well for California cannabis companies, including Sugarmade (OTC: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, including cannabis. “For too many Californians, the promise of cannabis legalization remains out of reach,” said Governor Newsom. “These measures build on the important strides our state has made toward this goal, but much work remains to build an equitable, safe and sustainable legal cannabis industry. I look forward to partnering with the legislature and policymakers to fully realize cannabis legalization in communities across California.” A Marijuana Moment article reported that “in the past several weeks, more than a dozen cannabis reform bills crossed the finish line in Sacramento, pending action from Gov. Gavin Newsom.” Included in those bills was one that would prohibit localities from banning medical cannabis deliveries in their areas, “a move that advocates say will both improve patient access and help fill voids throughout the state where no cannabis license types have been authorized,” the article stated. Other bills included a measure providing employment protections for employees who use marijuana during their off hours, a bill designed to streamline record sealing for people with eligible marijuana-related convictions, and legislation that would set the state up to allow interstate cannabis commerce. The full list of bills signed by the governor include the following: AB 1706, cannabis crimes: resentencing; AB 1646, cannabis packaging: beverages; AB 1885 by cannabis and cannabis products: animals: veterinary medicine; AB 1894, integrated cannabis vaporizer: packaging, labeling, advertisement, and marketing; AB 2210, cannabis: state temporary event licenses, venues licensed by the Department of Alcoholic Beverage Control, unsold inventory; AB 2188, discrimination in employment: use of cannabis; AB 2568, cannabis: insurance providers; AB 2925, California Cannabis Tax Fund: spending reports; SB 1186, Medicinal Cannabis Patients’ Right of Access Act; and SB 1326, cannabis: interstate agreements. According to the governor’s office, these bills “build on the administration’s efforts to strengthen California’s cannabis legalization framework. As part of this year’s state budget, the governor signed legislation to provide tax relief to consumers and the cannabis industry; support equity businesses; strengthen enforcement tools against illegal cannabis operators; bolster worker protections; expand access to legal retail; and protect youth, environmental and public safety programs funded by cannabis tax revenue. “To expedite policy reforms that prioritize and protect California consumers’ health and safety, the governor has directed the California Department of Public Health to convene subject matter experts to survey current scientific research and policy mechanisms to address the growing emergence of high-potency cannabis and hemp products,” the governor’s announcement continued. “The governor has also directed the Department of Cannabis Control to further the scientific understanding of potency and its related health impacts by prioritizing the funding of research related to cannabis potency through its existing public university grants.” Sugarmade is focused on strengthening its presence in a variety of spaces, including cannabis. The company is rethinking metrics to leverages its portfolio data to “quickly and intuitively understand what we need to focus on creating today to satisfy customers tomorrow, improving efficiency, profit margins, and top-line sales,” (https://ibn.fm/d6pmP). SGMD’s brand portfolio currently includes CarryOutsupplies.com, SugarRush(TM), NUG Avenue, J Grade Farm, Lemon Glow and Budcars. For more information, visit the company’s website at www.Sugarmade.com. NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://ibn.fm/SGMD

Odyssey Health, Inc. (ODYY) Building on Safety Profile of Concussion Pharmaceutical Treatment, PRV-002, in its Phase I MAD Clinical Trial

  • Odyssey successfully completed the second Cohort of its Phase I MAD clinical trial, proving the safety profile of its concussion pharmaceutical treatment, PRV-002
  • This study built on the success of Cohort I, where the drug was well tolerated and proved safe, with no severe adverse events reported
  • The company’s Phase I Single Ascending Dose (“SAD”) cohorts of the clinical trial closed on July 12, 2022, proving the drug was safe and well tolerated. Results from this study were well received by the SRC, who also expressed their optimism for Odyssey’s completion of the MAD portion of its Phase I trial and subsequent Phase II and III studies
  • Odyssey looks to offer a viable solution for treating concussions, regarded as a significant “unmet” medical need. It also looks to capitalize on a growing market projected to be valued at $8.9 billion by 2027
Odyssey Health (OTC: ODYY), an enterprise committed to developing unique, life-enhancing medical products, marked a successful close of the second Cohort of its Phase I Multi-Day Ascending Dosing (“MAD”) clinical trial (https://ibn.fm/pnUwS). While making the announcement, Odyssey’s Chief Executive Officer (“CEO”), Michael Redmond, expressed how pleased he was with the safety profile of the company’s concussion pharmaceutical treatment, PRV-002. “As we come close to completing the Phase I trial, I am very pleased with the safety profile of our concussion pharmaceutical treatment, PRV-002,” he noted. “I’m equally pleased that the intranasal drug/device combination has functioned nicely and has been easy to operate in the clinical setting,” he added. Odyssey’s trial involved administering its novel drug to treat concussions, PRV-002, to healthy human subjects to determine drug safety. A total of 40 healthy subjects took part in the study. In Cohort I, eight patients received a low dose of the drug, and in Cohort II, patients received a high dose of the drug. The second Cohort reflected the success of the first, where the drug was well tolerated and proved safe with no severe adverse events reported. On July 12, 2022, Odyssey announced the successful completion of its Phase I Single Ascending Dosing (“SAD”) clinical trial, which also involved administering PRV-002. This study proved that the drug was safe and well tolerated and would lay the foundation for the currently-ongoing MAD clinical study (https://ibn.fm/vSh7h). At the time, Dallas Hack, the Managing Director (“MD”) and member of the Safety Review Committee (“SRC”), reckoned: “After reviewing the data from Cohort III and completing the SAD analysis, I have strong confidence that PRV-002 will continue to show safety during the Multiple Ascending Dosing (‘MAD’) portion of the Phase I clinical trial where subjects are treated once daily for five straight days.” Philip Ryan, the MD and Principle Investor for Nucleus Network, noted: “PRV-002 was well-tolerated throughout the SAD portion of the Phase I trial. The SRC has confidence about the safety of the intranasal delivery of PRV-002.” “We look forward to completing MAD portion of the Phase I trial and assisting Odyssey with their Phase II/III design to determine the efficacy of PRV-002 for concussed patients,” he added. Odyssey, so far, has lived up to its expectations and those of the SRC, proving the overall safety of its novel drug. With concussions representing a significant “unmet” medical need affecting millions worldwide, the company is inching closer to offering a viable solution that will benefit patients. In addition, it is positioning itself to take advantage of an industry projected to be valued at $8.9 billion by 2027, up from $6.9 billion in 2020 (https://ibn.fm/LNyM3). Odyssey is currently in the process of selecting clinical sites and developing the Investigator’s Brochure for the Phase II trial. As of July 2022, the company was still in discussions with military training sites for Phase II and III clinical trials, which it hopes to kick off later this year. For more information, visit the company’s website at www.OdysseyHealthInc.com. NOTE TO INVESTORS: The latest news and updates relating to ODYY are available in the company’s newsroom at https://ibn.fm/ODYY

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Poised to Expand its Visibility and Diversify Investor base; Uplists on OTCQX(R) Best Market

  • EverGen Infrastructure Corp. announces upgrade from OTCQB(R) Venture Market to OTCQX market in US; Company’s common shares to be quoted under “EVGIF” symbol
  • OTCQX listing provides EverGen increased visibility and access to broader investor audience as company gears up to continue to execute on its ambitious growth plans
  • This move comes amid favorable market conditions; global waste-to-energy market is projected to grow at a CAGR of 15.62% and reach USD 103.95 billion by 2027
As renewable natural gas (“RNG”) rapidly transforms from niche fuel to mainstream replacement for conventional natural gas, opportunities open up in the sector and EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF) appears poised to seize them. After what could be described as a hot streak in which the company embarked on a nationwide expansion, this leading Canadian renewable energy company and renewable natural gas infrastructure platform is gearing up for the next chapter in its growth journey. The company has announced that its common shares were to commence trading on the OTCQX(R) Best Market in the United States under the symbol “EVGIF” (https://ibn.fm/5piOX). For EverGen, this milestone marks an upgrade from the OTCQB(R) Venture Market, where the company’s common shares had been trading since February 2022 (https://ibn.fm/udiEh). After a seven-month stint on this platform reserved for early-stage and developing US and international companies that cannot yet qualify for the most rigorous entry requirements, EverGen progressed toward the top tier OTC market – OTCQX(R) Best Market (OTCQX). The company’s financial disclosure and Real-Time Level 2 quotes are available for US investors at www.OTCMarkets.com. The OTCQX listing helps public companies enhance their liquidity, increase visibility, and expand investor reach, allowing them to diversify their shareholder base through an established, SEC-recognized public market. For example, investors who don’t have access to trading on the TSX Venture Exchange will be able to access EverGen’s common shares through regulated US broker-dealers. “During this milestone rich quarter for EverGen, we are pleased to provide increased access and liquidity for investors in the US who seek to participate in the energy transition,” announced Chase Edgelow, CEO of EverGen. “An upgrade to the OTCQX in the United States is a natural progression for EverGen allowing us to introduce our RNG infrastructure platform to a broader audience as we continue to execute on our growth plans with clear visibility to deliver over 1 million gigajoules of RNG annually,” he concluded. This move comes amid a burgeoning alternative energy market and a strong push for energy transition toward greener solutions, including those based on using waste to create fuel. RNG sector uses organic waste such as food, agriculture, wood, and wastewater that would otherwise release methane, the most potent greenhouse culprit, to produce RNG. As a green energy source interchangeable with conventional natural gas, RNG has the potential to slash carbon emissions in a cost-effective way. Unlike its conventional counterpart, RNG is not a fossil fuel but a clean and affordable waste-derived fuel that can offer a much-needed response to the pressing needs to decarbonize the economy. Landfills are among the biggest sources of methane, a major contributor to global warming, so tackling waste seems pivotal in progressing toward a greener society (https://ibn.fm/80LCs). According to the California Air Resources Board, RNG sourced from landfill-diverted waste can reduce greenhouse gas emissions by 125% (https://ibn.fm/KOoHC). As the international race toward a more climate-friendly economy accelerates, Canada aims to position itself as a global leader in investment in renewable energy. Although many RNG projects are emerging across the country, this may be just the beginning of what is possible in terms of the potential to slash greenhouse emissions. Recent research shows that the global waste to energy market is projected to reach USD 103.95 billion by 2027, growing at a CAGR of 15.62% from USD 50.31 billion in 2022 (https://ibn.fm/U7o1U). In a country that leads when it comes to RNG use, EverGen seems to have emerged as a high-growth pioneer that rapidly expands its footprint across three provinces – from British Columbia, where it had its beginnings, to new projects in Alberta and Ontario. The company remains committed to building reliable infrastructure that aims to turn low-value organic waste into a valuable renewable energy resource and establish itself as an emerging leader in an industry that is yet to flourish. 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

D-Wave Quantum Inc. (NYSE: QBTS) Offers Quantum Computing Solutions to Help Enterprises Solve Optimization Business Challenges, Today

  • 40% of large enterprises are already experimenting with quantum computing to solve some of their most complex problems, according to 451 Research
  • Optimization problems make up a significant portion of the enterprise problem universe, and annealing quantum computers are uniquely effective at solving these types of problems
  • D-Wave is the only provider building both annealing and gate-model quantum computers that provide opportunities for businesses looking to optimize at scale
The classical computer architecture relies on binary coding, which assigns values of 0 or 1, limiting the decision-making process to a return result of one. The binary space cannot handle large volumes of data with many variables and requires those loading the data to compress, reduce, or limit the data being processed, resulting in lower quality solutions. Businesses representing a variety of industries, like manufacturing, logistics, financial services, and life sciences, rely on optimization to help them tackle common obstacles and problems in the computing world – which binary coding cannot support at scale. The quantum computing framework is multi-dimensional. Using qubits, quantum computers can represent superposition states between 0 and 1, allowing them to represent an exponentially larger state of space to process and store data. With the limitations of classical computers becoming more apparent, quantum computing is now helping businesses optimize data and bring problem-solving to scale. D-Wave Quantum (NYSE: QBTS) is a leader in quantum computing systems, software, and services focused on delivering customer value via practical quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection, and financial modeling. As a pioneer in its industry, D-Wave is the first company building both annealing and gate-model quantum computers. D-Wave’s customer success stories provide firsthand experiences of how its quantum applications benefit industries, solving problems from grocery optimization to protein design – with use cases that illustrate the value quantum has brought to the enterprise (https://ibn.fm/H6bUn). Spain’s leading financial group CaixaBank worked with D-Wave to implement two financial quantum hybrid computing applications designed to optimize the investment portfolio and improve investment hedging calculation. Leveraging D-Wave’s Leap(TM) quantum cloud service and quantum hybrid solvers brought multiple business benefits to CaixaBank, including an up to 90% decrease in time-to-solution for investment portfolio hedging and portfolio optimization (https://ibn.fm/71eVQ). “We have always been an innovation-first organization, and very early on we recognized that investing in quantum computing could help us more efficiently provide state-of-the art products and services in order to offer the best client experience,” said CaixaBank CEO Gonzalo Gortazar. D-Wave’s quantum system was also successfully leveraged by SavantX to tackle supply chain problems at the Port of Los Angeles, the United States’ busiest port with the equivalent of over 10 million 20-foot containers transiting the port in 2021 alone. SavantX utilized D-Wave’s quantum technology to develop the Hyper-Optimized Nodal Efficiency Engine (“HONE”) framework, with the purpose of streamlining operations at Pier 300, one of the port’s largest terminals. HONE helped optimize the pier’s operations significantly, leading to a 50% increase in daily deliveries per crane, lower waiting times for cargo trucks picking up payloads and an overall more effective crane utilization (https://ibn.fm/IV7D3). “Not all problems are optimization problems, but for the ones that are, there’s a huge opportunity to bring value into the equation,” said SavantX CEO Ed Heinbockel. “We’ve tasted the power of quantum, and we’re very, very excited about it.” D-Wave Launch(TM) is the company’s onboarding platform, designed to help businesses easily start their quantum computing journey. The company is currently working to enable enterprises, governments, developers, and researchers to access the power of quantum computing, today (https://ibn.fm/87rX7). For more information, visit the company’s 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

HeartBeam Inc. (NASDAQ: BEAT) Receives US Patent for Exclusive ECG Patch Monitor Designed to Detect Heart Issues

  • The USPTO issued a patent for BEAT’s 12-lead electrocardiogram (“ECG”) patch monitor for detection of ACS and cardiac arrhythmia
  • HeartBeam has developed the only 3D-vector ECG platform for heart-attack detection anytime, anywhere
  • BEAT’s patch technology could have a disruptive effect on the ECG patch market with its ischemia detection capability
News about heart attacks and other life-threatening cardiovascular issues is alarming. Heart disease is the leading cause of death for men, women, and people of most racial and ethnic groups in the United States (https://ibn.fm/FN4BR), and recent reports suggest that COVID-19 may cause heart problems (https://ibn.fm/7QAky) and that the incidence of heart attacks in people under age 40 is increasing (https://ibn.fm/lFzjh). Many companies are working to provide support for this growing problem, including HeartBeam (NASDAQ: BEAT), a cardiac technology company that just received a patent for a proprietary device (https://ibn.fm/RA8EP). According to a recent announcement from the company, the United States Patent and Trademark Office issued a patent for BEAT’s 12-lead electrocardiogram (“ECG”) patch monitor for detection of acute coronary syndrome (“ACS”) and cardiac arrhythmia. The new patent expands on a previously granted patent for a 12-lead ECG patch monitor technology. HeartBeam, a cardiac technology company that has developed the first and only 3D-vector ECG platform for heart-attack detection anytime, anywhere, noted that the patent opens a pathway to a disruptive ischemia and arrhythmia detection ECG patch product. In addition, the innovation builds on HeartBeam’s growing intellectual property portfolio that could enable 12-lead ECG diagnostics outside of a medical setting. “This patent provides additional intellectual property protection for our breakthrough ECG patch technology, offering 12-lead ECG capability in the form of a simple patch that is similar in size and shape to existing single-lead ECG patch monitors in the market today,” said HeartBeam CEO and founder Branislav Vajdic, PhD. “Our 12-lead ECG patch technology offers the potential to bring a level of diagnostic accuracy consistent with the current 12-lead ECG standard of care and could have a disruptive effect on the ECG patch market with its ischemia detection capability.” Currently, the ECG patch monitor market is limited to detecting arrhythmias using single-lead ECG devices. HeartBeam’s technology uses a synthesized 12-lead ECG that can aid physicians in both arrhythmia detection and ACS diagnosis, including myocardial infarction (heart attack) and angina. According to the company, the new patent follows HeartBeam’s already-granted core patents for remote detection of heart attacks. “The issued patch patents significantly increase HeartBeam’s intellectual property footprint,” the company stated. “And they further widen the impact HeartBeam’s technology could have on cardiac patients and their physicians.” The announcement noted that ECG monitors available today are primarily used for detection of abnormal heart rhythms associated with atrial fibrillation or syncope. According to Martin Burke, DO, FACC, a cardiac electrophysiologist and chief scientific officer of the CorVita Science Foundation, “a 12-lead ECG patch would provide additional information to aid in diagnosing conditions such as ACS or more specific arrhythmias that current single-lead patches cannot accurately detect.” HeartBeam’s exclusive platform applies a suite of proprietary algorithms to simplify vector electrocardiography. The platform can quickly and easily identify whether symptoms may stem from a heart attack, potentially enabling care to be accurately identified and expedited. The company currently has two patented products in development. HeartBeam AIMI(TM) is software for acute care settings that provides a 3D comparison of baseline and symptomatic 12-lead ECG to more accurately identify a heart attack. HeartBeam AIMIGo(TM) is the only credit-card-sized, 12-lead output ECG device coupled with a smart phone app and cloud-based diagnostic software system designed to facilitate remote heart attack detection. HeartBeam AIMI and AIMIGo have not yet been cleared by the U.S. Food and Drug Administration (“FDA”) for marketing in the USA or other geographies. For more information, visit the company’s website at www.HeartBeam.com. NOTE TO INVESTORS: The latest news and updates relating to BEAT are available in the company’s newsroom at https://ibn.fm/BEAT

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Soligenix Inc. (NASDAQ: SNGX) Driving Innovation in Photodynamic Therapy Potential in Oncology, Dermatology

February 10, 2026

From lab research to clinical application, photodynamic therapy (“PDT”) is emerging as a powerful treatment approach that uses light and chemistry to selectively target diseased tissue. As this modality gains attention for its precision and safety profile, Soligenix (NASDAQ: SNGX) is developing light-activated therapies designed to treat cutaneous T-cell lymphoma (“CTCL”) and other inflammatory skin […]

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