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Odyssey Health, Inc. (ODYY) Redesigns Website, Corporate Presentation, to Update Information on Medical Products, Including Concussion Therapy

  • Odyssey Health Inc. is a medical product developer advancing treatments for conditions ranging from choking to neurodegenerative maladies
  • The company’s flagship candidate is a drug-device combination for treating mild brain injuries (“MTBIs”) known as PRV-002, which is currently being used in clinical testing with human volunteers
  • Odyssey Health recently announced a redesign of its website and an update of its corporate presentation to better communicate its efforts and allow interested investors to access information regarding the company
  • The website redesign follows on the company’s name change earlier this year to similarly improve the expression of its brand identity
Medical technology product developer Odyssey Health (OTC: ODYY) is advancing testing for a proprietary drug and device combination designed to deliver a novel solution for people experiencing a concussive brain injury, and the company recently introduced a redesigned website to help it better communicate its progress. Odyssey Health has completed preclinical animal testing on its fully synthetic neurosteroid known currently as PRV-002 and is now beginning work with human clinical volunteers. In the animal testing, PRV-002 demonstrated the ability to alleviate symptoms related to concussions such as memory impairment, anxiety and motor/sensory difficulties. The redesign of the company website follows on Odyssey’s name change earlier this year to emphasize Odyssey’s brand focus on the health therapy industry and its mission to “create, acquire and accumulate distinct assets, intellectual properties, and exceptional technologies that provide meaningful medical solutions,” including PRV-002 and products to remove a throat obstruction in a choking person, to establish a standard of early detection for heart disease, and to treat the neuro-degenerative Niemann-Pick disease. “The launch of our new website is an important next step in the ongoing evolution of Odyssey and will enable us to provide more transparent communications with our shareholders and other stakeholders,” CEO Michael Redmond stated Aug. 4 (https://ibn.fm/ATWbK). The website’s address is www.OdysseyHealthInc.com. In addition, the company has updated its corporate presentation to better express the need for a concussive brain injury treatment as well as Odyssey’s efforts to lead the way. The new presentation can be found at https://ibn.fm/TooCZ. The federal government’s Centers for Disease Control and Prevention (“CDC”) estimates that about 1.5 million people in the United States experience traumatic brain injuries (“TBIs”) each year (https://ibn.fm/Wb08R). The agency’s most recent data indicates that of these TBIs, about 223,135 were serious enough in 2019 to lead to hospitalizations and 64,362 resulted in death — effectively 611-plus TBI-related hospitalizations per day and 176 TBI-related deaths per day (https://ibn.fm/5ih3M). The CDC reports that a large number of TBI deaths result from suicides, but the incidence of TBI-related injuries in child athletes, in particular, has drawn national attention to concerns about the long-term effects of head injuries and efforts to prevent or respond to them. Professional athletes, military personnel and elderly fall victims have also been recognized as a large segment of society that could benefit from effective treatment of concussion head injuries. Currently, the standard of care for concussions is rest, pain-relief medicine and anti-depressants. Such TBIs are generally initially reported as mild injuries (“MTBIs”) because of their minimal degree of impairment for normal activities, but the CDC’s reports note that long-term effects such as memory impairment have resulted in an estimated 5.3 million Americans living with a permanent TBI-related disability. Repeat concussions can lead to early dementia and a condition known as Chronic Traumatic Encephalopathy (“CTE”), but at the time no drug treatment for such injuries has been approved by the U.S. Food and Drug Administration (“FDA”). Odyssey Health’s product is an intranasal device that delivers the proprietary neurosteroid into the upper nasal cavity (but not into the esophagus or lungs), where it can be taken up into the brain, across the blood-brain barrier, to minimize the results of the injury. The company intends to build on its flagship product with eventual therapies for other brain injury and neuropsychiatric disorders ranging from serious depression to amyotrophic lateral sclerosis (known as ALS, or Lou Gehrig’s disease). In addition to its website, Odyssey provides updates on its activities through social media channels, such as Twitter (https://twitter.com/OdysseyHealth1), Facebook (https://www.facebook.com/odysseyhealthinc) and LinkedIn (www.linkedin.com/company/odysseyhealthinc/). YouTube: (https://www.youtube.com/channel/UCsS–v0od_fYIBu2tvqmj9Q ) 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

Advanced Container Technologies Inc. (ACTX) Establishing Foothold in Growing Billion-Dollar Vertical Farming Space

  • Vertical farming projected to reach more than $25 billion by 2030, with a CAGR of 23.3%
  • MRFR report notes that “vertical farming systems and technologies offer a superior approach to farming methods”
  • ACTX GrowPods are essentially vertical micro-farms that can be placed anywhere, allow cultivation of a wide variety of crops, 365 days a year
A recent Market Research Future (“MRFR”) report shows that vertical farming is projected to reach more than $25 billion by 2030, with a CAGR of 23.3% (https://ibn.fm/BSsCd). Those numbers bode well for Advanced Container Technologies (OTC: ACTX), a company in the business of selling GrowPods, self-contained, automated, indoor “micro-farms” that are building a reputation in the vertical farming space. “Vertical farming systems and technologies offer a superior approach to farming methods, allowing for the growing of large amounts of crops inside a confined land area while requiring little financial investment and having no negative impact on the environment,” reported MRFR’s comprehensive research report. “The main reason for this is because perpendicular stack-based farming lowers the need for additional land and allows for full land utilization for farming, with optimal land and energy use yielding significant returns. The vertical farming market has seen diversified growth in all segments and across different regions as a result of rising populations and rising per capita incomes, which has shifted people’s demands toward more organic, health, and environment-friendly foodstuffs, resulting in the development of the vertical farming market.” The report also noted that consumers are more aware of what they are eating and are prioritizing health. These changes have “fueled the market for organic farming, which produces fruits and vegetables that are free of insecticides and pesticides and high in nutritional content,” the report continued. “The desire for organic and high-quality foods has transformed vertical farming firms’ production capabilities and created a foundation for ensuring high-quality and quantity-approved production to fulfill rising needs. In addition, people have begun to cultivate fruits and vegetables indoors, giving rise to the concept of indoor vertical farming.” Advanced Container Technologies is keenly aware of the opportunities in vertical farming and appears uniquely suited for growth in the space. The company is the sole distributor of GrowPods, which are advanced, self-contained hydroponic containers manufactured by GP Solutions Inc. “These innovative automated systems are essentially micro-farms that can be placed virtually anywhere and, with their controlled and specially filtered environment, allow cultivation of a wide variety of crops, 365 days a year,” states the company. “Grow Pods offer constant temperature, humidity and airflow control, as well as automated watering and lighting schedules for optimal growth and minimal labor requirements, regardless of crop.” In addition to selling and distributing GrowPods, Advanced Container Technologies offers related equipment and supplies. Additionally, the company designs and sells patented, proprietary medical-grade plastic containers, known as the Medtainer(R), that store and grind pharmaceuticals, herbs, teas and other solids or liquids. For more information, visit the company’s website at www.AdvancedContainerTechnologies.com. NOTE TO INVESTORS: The latest news and updates relating to ACTX are available in the company’s newsroom at https://ibn.fm/ACTX

The Q3 Investor Summit Connects Investors to Mid-cap and Small-cap Companies

One of the top summits in the investor space, the Q3 Investor Summit will be held on August 16-17, 2022, as a virtual event. The Q3 Investor Summit offers phenomenal opportunities for mid-cap and small-cap companies to connect with potential investors. Investors looking for novel investment opportunities can discover innovative ideas and a new arena of investment scope at the conference. Dynamic mid and small-cap companies will be at the Q3 event to present themselves, and many seasoned and well-qualified investors who have an intention to buy in the open market will be there. The high-quality audience participates in meaningful conversations and opens avenues for splendid investment opportunities. The webinar has an impressive lineup of speakers sharing their insights on investment opportunities, and presenting companies will leverage this opportunity to introduce their business through engaging presentations in front of an interactive and learned audience. Attendees can participate in the discussion panels where they will learn and gain valuable strategies given by industry influencers. The 30-minute webcast with Q&A (average is 40+ attendees), will be promoted on the conference website for 90 days post-conference. In addition, all participants have access to the 600 registered attendees. For enthusiasts who want to learn, personalized tech training sessions are also available. The Q3 Investor Summit features live presentations, one-to-one meetings, roundtables, workshops, discussions, and keynotes from veteran industry leaders and experienced executives with networking opportunities all across the globe. The summit is conducted in a safe and conducive virtual environment where the participants’ privacy is secure and protected. The Q3 Investor Summit is a well-curated show put together for the investor community for connecting and networking in a friendly yet professional environment. The event attracts industries, businesses, entrepreneurs, and institutions from the healthcare, consumer, financial, technology, cannabis, blockchain, and industrial sectors looking for investment and networking opportunities. Startups and small companies can connect with industry veterans and peers at this forum to expand their business scope. The Investor Summit has substantial media coverage, a boon for the small and mid-cap operations seeking to gain visibility in the competitive business world. The Q3 Investor Summit is the perfect platform to connect with high-level, retail and institutional investors. To learn more, please visit https://investorsummitgroup.com/.

The Inflation Reduction Act Expected to Significantly Accelerate Expansion of Correlate Infrastructure Partners Inc. (CIPI)

  • Correlate Infrastructure Partners is a technology-enabled energy-optimization and clean-energy-solutions provider
  • The company is set to benefit from the Inflation Reduction Act, which seeks to, among other things, reduce carbon emissions
  • According to Correlate CEO Todd Michaels, the Inflation Reduction Act could potentially accelerate the company’s growth, support its ability to own and operate nationwide solar and storage assets, and contribute to strengthening the economy through clean energy project deployment
Last fall, the US Congress passed the Bipartisan Infrastructure Deal, boosting the Administration’s efforts to combat the climate crisis. The deal sought to modernize infrastructure and make infrastructure safer, thereby building resilience against extreme weather and climate change. It also looked to reduce greenhouse emissions by modernizing the nation’s passenger rail system, building out a national network of EV chargers, and delivering thousands of electric school buses nationwide (https://ibn.fm/wNhvv). In the latest developments that are expected to boost the efforts of companies like Correlate Infrastructure Partners (OTCQB: CIPI), the US Senate on August 7 passed the Inflation Reduction Act of 2022 (https://ibn.fm/vMcOh). The House of Representatives will likely pass the legislation within the following week. The legislation, among other things, is designed to grow domestic energy production and manufacturing in ways aimed to reduce carbon emissions by approximately 40% by 2030. The move comes in the wake of recent devastating events that include the worst flooding in the history of Kentucky, which dislodged houses and left scores dead, and record high temperatures from heatwaves affecting vast parts of South Central U.S. “The floods in Kentucky and extreme weather all around the country are yet another reminder of the intensifying and accelerating impacts of climate change and the urgent need to invest in making our communities resilient to it,” a recent article in The Guardian quotes the White House press secretary Karine Jean-Pierre as saying (https://ibn.fm/e6JKy). The recent Inflation Reduction Act and the November Bipartisan Infrastructure Deal capture these climate-oriented investments. As envisioned by the Inflation Reduction Act, the government is set to allocate $370 billion to climate change. The amount will go toward providing tax credits that spur the manufacturing of renewable energy and carbon-reducing solutions such as solar panels, wind turbines, and electric vehicle (“EV”) technologies. Specifically, the legislation extends the current Investment Tax Credit (“ITC”) another ten years and increases the credit for solar energy from 26% to 30% for projects completed in 2022. So far, the ITC has been credited with expanding the U.S. solar sector by over 10,000% since it was first implemented in 2006, according to the Solar Energy Industries Association (“SEIA”) (https://ibn.fm/DOOPS). The tax, production, and investment credits are also set to boost EV purchases. The federal investment will also fund research and state programs and includes money for preserving forests and coastal habitats as well as reducing pollution. In a news release that comments on this historic bill, Correlate Infrastructure Partners, an energy optimization and clean energy solutions provider, extols the legislation as “incredibly important for the collective industry in many ways” (https://ibn.fm/0qvLc). According to the company, the tax, investment, and production credits will empower renewable infrastructure companies like Correlate to provide property owners with a simplified route to optimizing their energy profile to renewables while reducing their carbon footprint. The increase and extension of the ITC, CEO Todd Michaels notes, will provide 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,” he adds. Backed by technology, Correlate offers a complete suite of proprietary clean energy assessment solutions that enable commercial real estate owners to optimize their buildings. In addition, the company develops and finances renewable energy projects that make investment properties more efficient. And with investors increasingly analyzing their existing and potential investments through the lens of ESG (Environmental, Social, and Governance), Correlate offers affordable and potentially profitable energy solutions that align with investors’ renewed outlook. 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

American Cannabis Partners Has Vested Interest in Cannabis Act Just Passed by U.S. House

  • MORE Act passed by House, now moves to Senate for consideration
  • Bill would “reverse decades of injustices waged on Americans, and especially those from communities of color,” says House Judiciary chair
  • American Cannabis Partners operates in two states, Michigan and California, where cannabis has been legalized
The government is making moves once again to remove cannabis from the list of banned controlled substances, with the U.S. House of Representatives passage of the Marijuana Opportunity Reinvestment and Expungement (“MORE”) Act (https://ibn.fm/SK1DX). The bill now moves to the Senate, and cannabis companies such as American Cannabis Partners (“ACP”) will be watching closely to see what happens next. The U.S. House of Representatives has passed the MORE Act before, a “Forbes” article reported, a bill that would end the federal prohibition on cannabis by removing it from the list of banned controlled substances. The article noted that the MORE Act was introduced by House Judiciary Chairman Jerrold Nadler, a Democrat from New York, and passed the House with 220 “yea” votes to 204 “nay” votes. “Cannabis is legal for adult use in 19 states and for medical use in 36 states,” the article reports. “This bill would end the federal ban but leave legalization up to the states. The legal industry generated $25 billion in sales last year, a 43% increase over 2020, and is expected to hit $65 billion in 2030. “During his opening statement, Nadler said that the bill, if made into law, would reverse decades of injustices waged on Americans, and especially those from communities of color,” the article continued. “‘Whatever one’s views are on the use of marijuana for recreational or medicinal use, the policy of arrest, prosecution and incarceration at the federal level has proven both unwise and unjust,’ Nadler said. ‘For far too long, we have treated marijuana as a criminal justice problem, instead of as a matter of personal choice and public health.’” During debate on the bill, Troy Carter, a Democrat from Louisiana, stated that 91% of Americans want some form of cannabis to be legal and that there are more important priorities cops should be focused on. Carter noted that “law enforcement cannot afford to chase small pot offenders when violent crime is on the rise nationwide. . . . The war on marijuana is a costly relic of the past.” American Cannabis Partners, along with other companies operating in the cannabis space, clearly has a vested interest in the outcome of this legislation. ACP operates in two states, Michigan and California, where cannabis has been legalized. In addition, the company is in the process of exploring land acquisition and project development strategies for expanding operations to additional states. ACP is focused on three business segments: real estate, acquisition and development of proprietary assets, and ongoing cultivation operations. Led by a seasoned management team with more than three decades of canna-business experience, ACP is guided by its strategy to capture opportunities in real estate and licensing in states that have recently passed cannabis legalization legislation, thereby equipping the company to capitalize on possible future federal interstate commerce opportunities. For more information, visit the company’s website at www.ACPFarms.com. NOTE TO INVESTORS: The latest news and updates relating to American Cannabis Partners are available in the company’s newsroom at https://ibn.fm/ACP

GeoSolar Technologies Inc. Set to Benefit as Solar Gains Momentum with Potential to Become World’s Largest Source of Electricity by 2050

  • Renewables are emerging as energy source that can secure limitless supply while reducing consumption of fossil fuels, dependence on exhaustible sources, and negative impact of rising oil costs
  • Among them, solar could have essential role; it is world’s most reliable, abundant source of green power, providing cheapest electricity in history
  • GeoSolar set to benefit as solar emerges as one of most significant energy sources– one that could generate half of world’s total by 2050
GeoSolar Technologies (“GST”), a Colorado-based climate technology company disrupting the heating, cooling, and powering of homes, is set to benefit amid the rise of solar power as a potentially largest source of electricity in the world. With its patent-pending solution that combines solar power, geothermal, and other clean energy technologies into one integrated system, GeoSolar allows societies to bypass the use of fossil fuels and make a real impact in the global efforts to reduce air pollution. Its GeoSolarPlus technology appears to hit the energy sweet spot amid the worldwide push for clean electrification — it generates enough clean energy to heat, cool, power, and purify homes with little or no carbon emissions and utility bills. Against the backdrop of the global energy crisis and the associated upswing in energy costs, renewable energy could be essential in alleviating pressures from surging power prices. As a result, the role of renewable energy has been increasing at an accelerated rate. Although not exempt from the global upward trend, renewables remain the cheapest option in most markets. With their potential to lock in those prices for years, they could be a valuable source of economic relief (https://ibn.fm/LtenN). But among all types of renewable energy sources, solar could be an optimal response to soaring energy prices as inflation runs hot around the world. It is the world’s most reliable, abundant source of green power — and the one providing the cheapest electricity in history. It is also a more affordable technology than coal and gas in most of the major countries. As a result, some experts expect that by 2050, solar power could become the world’s largest source of electricity (https://ibn.fm/29uNg). Solar could drop to a third or less of current costs by that time, which, combined with more efficient panels, could drive the uptake. With a vast potential reward for those who shift to the green energy economy, solar could generate half of the world’s electricity by 2050 (https://ibn.fm/CkOZk). As climate change awareness accelerates in the United States and globally, homeowners increasingly realize the economic and environmental benefits of energy-efficient homes. According to the National Association of Realtors, homes with energy-efficient features are gaining popularity in the market as homeowners seek to reduce energy costs and their environmental impact. With green upgrades to their house, it is estimated that they can save from 5% to 30% on their home energy bills (https://ibn.fm/WYt4h). Still, the benefits of an energy-efficient home go beyond lower energy bills. Some green home features can also drive home value appreciation since green homes are increasingly becoming more attractive to buyers. As a result, more home buyers are choosing to purchase a house with green features. For example, the survey NAR conducted in 2022 shows that 50% of realtors assisted in transactions involving homes with green features in the last year— a steep jump compared to 32% reported over the previous year. In an environment like this, companies like GeoSolar are well-positioned to capitalize on the massive momentum the industry is gaining today. As a creator of the Smart Green™ Home system for newly built and existing residences and commercial buildings, GeoSolar is committed to delivering smart green technology for a carbon-free home. Retrofitted to existing homes or built into new developments, GeoSolarPlus helps homeowners significantly reduce – or even eliminate – utility bills and allows them to enjoy lifetime energy independence and protection from price surge and energy shortages while enabling them to decimate greenhouse gas emissions and contribute to a healthier living environment. 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

FingerMotion Inc. (NASDAQ: FNGR) Banking on Device Protection Program and Partnerships to Accelerate Revenue Growth Over the Next 6-12 Months

  • FingerMotion’s launch of the mobile device protection product in the Chinese market looks to tap into an industry valued at approximately $10.6 billion annually
  • The company has also partnered with an NYSE-listed insurance company looking to venture into the Chinese market and is confident that this, together with the product launch, will accelerate its revenue growth over the next 6-12 months
  • Its management is also optimistic that this latest addition will help achieve the company’s goal of pushing gross margins higher, having posted a 12% gross margin in the 2022 fiscal year, up from 9% the previous year
  • Martin Shen, FingerMotion’s CEO, notes that the company’s revenue currently is just the tip of the iceberg, and with the addition of the device protection program and building on the top-up and SMS services, the company is set to experience significant growth as time progresses
On July 15, 2022, FingerMotion (NASDAQ: FNGR), an evolving technology company with a core competency in mobile payment and recharge platform solutions in China, launched its mobile device protection product in the market, looking to tap into an industry valued at approximately $10.6 billion annually (https://ibn.fm/lz5xs). The launch was a bold move by the company to introduce a new offering in a sector previously limited to broken screen protection, leaving a vastly untapped market it could exploit. But, more importantly, FingerMotion was looking to take advantage of the advent of 5G in China by redefining the marketplace with its suit of next-generation, innovative product offerings for mobile carriers. This would enable it to offer enhanced protection of vital components and device trade-in programs. While appearing in an interview with the investor media outlet, Proactive, Martin Shen, FingerMotion’s Chief Executive Officer (“CEO”), reckoned that this device protection program would be integral to accelerating the company’s revenue growth over the next 6-12 months. He also acknowledged the firm’s partnership with an NYSE-listed insurance company, which will aid in achieving the company’s short and long-term objectives (https://ibn.fm/pxcLK). “We have partnered up with a very large NYSE-listed insurance company, and are helping them get into the Chinese market as well, and we hope to launch that business very soon,” he noted. “That will really accelerate our revenue growth over the next 6-12 months,” he added. Device protection is a welcome addition to FingerMotion’s growing list of offerings comprising telecommunications products and services, SMS and MMS, big data insights, and Rich Communication Services (“RCS”). As a result, its management is confident that FingerMotion will sustain its current revenue growth trajectory, having posted a 37% growth in the previous financial year. “I think our revenue right now is really just the tip of the iceberg, just building on the top-up and the SMS (services),” noted Mr. Shen. When asked how capital-intensive the new undertaking was, Mr. Shen noted that its partners (China Mobile and China Unicom) have already built the device protection costs into their phone plans. This, he argued, makes the undertaking feasible and allows it to be an integral aspect of the company’s revenue growth over the next year. “Now with the massive onset of 5G phones, there’s a really large market in China that’s looking to change up their phones for, let’s say, 3G and 4G phones to 5G. So, as (consumers) go and get new phones, the cost of this AppleCare(-similar product) is built in. so that revenue is already there,” noted Mr. Shen. “We’re just going to be partners with the insurance company as well as with the telco. …It’s actually not that capital-intensive for us. It’s a really symbiotic relationship with these companies,” he added. Earlier in the year, Mr. Shen noted that one of the company’s key initiatives is to “Keep pushing gross margins higher.” He noted that the mobile protection program would be integral in achieving this objective, especially given that gross margins for the 2022 fiscal year stood at 12%, up from 9% the previous year (https://ibn.fm/6w7ZK). This unique device protection product, coupled with FingerMotion’s first-mover advantage, sets the company to reap big over the next couple of years, providing a grossing list of customer options and creating value for its shareholders. For more information, visit the company’s website at www.FingerMotion.com. NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

Advanced Container Technologies Inc. (ACTX) GrowPods May be Part of Solution to Global Food Security

  • In 2021, a staggering 45 million people were at emergency levels of acute hunger
  • Providing access to food, sustainable food systems are key to WFP’s vision of eradicating food insecurity and malnutrition
  • GrowPods create an optimum controlled environment for growing a wide range of crops in a variety of environments and climates
With hunger on the rise again, companies and communities are working together to find realistic solutions. The world’s largest humanitarian organization, the World Food Programme (“WFP”), has identified access to food and sustainable food systems as two of eight key targets in its vision to eradicate food insecurity and malnutrition (https://ibn.fm/yXQZY). Advanced Container Technologies (OTC: ACTX), the exclusive U.S. distributor of GrowPods, environmentally controlled micro-farms that allow cultivation of ultra-clean crops all year long, believes its products may be part of that solution. “The world today is more complex and volatile than it was five years ago,” declares WFP in its 2022–2025 strategic plan. “Hunger has been on the rise since 2014. The situation deteriorated drastically in 2020, with up to 811 million people classified as chronically hungry. Across the countries where WFP operates, an estimated 283 million people needed urgent food assistance in 2021. A staggering 45 million were at emergency levels of acute hunger and more than half a million faced famine-like conditions.” The organization’s “vision for 2030” calls for the world to eradicate food insecurity and malnutrition and for national and global actors to partner together to achieve several goals including providing access to food and sustainable food systems (https://ibn.fm/RWXeg). According to WFP, turning the tide against hunger includes, in part, “sustainable consumption and production to reduce food loss and waste. ACTX’s GrowPods appear ideally aligned to these essential initiatives. Modular, stackable and mobile vertical growing environments, these game-changing micro-farms are designed to maximize yield and automation. Made from fully insulated, food-grade shipping containers, GrowPods have been modified to create an optimum controlled environment for growing a wide range of horticultural and agricultural products in a variety of environments and climates. “In a world of plenty, where enough food is produced to feed everyone on the planet, hunger should be a thing of the past,” WFP declares. “However, conflict, climate change, disasters, inequality and — most recently — the COVID-19 pandemic mean one in nine people globally is still going to bed hungry and famine looms for millions.” ACTX is pleased to join the efforts to make food sustainability both a priority and a reality by offering a way to produce multiple high-yield harvests every year with no pesticides and using fewer resources (https://ibn.fm/gNh03). For more information, visit the company’s website at www.AdvancedContainerTechnologies.com. NOTE TO INVESTORS: The latest news and updates relating to ACTX are available in the company’s newsroom at https://ibn.fm/ACTX

Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces First Generation of CBD Products Under “Ko” Branding by Japanese Licensee Premier Wellness Science Co., Ltd.

  • Lexaria’s patented DehydraTECH(TM) has 26 granted patents worldwide, including four in Japan
  • Lexaria stands to gain substantial revenue through the licensing of DehydraTECH technology across minimum quarterly payments for license use by Premier and royalties for products sold
  • By 2028, the CBD market is expected to reach US$47.22 billion, driven by increased demand for CBD use in health and wellness
Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms and developer of the patented DehydraTECH(TM) technology for the delivery of fat-soluble molecules and drugs, has announced that Japanese Licensee, Premier Wellness Science Co., Ltd., has officially launched the first generation of its new cannabidiol (“CBD”) products under the brand, “Ko,” on July 21, 2022, for the Japanese consumer market (https://ibn.fm/qxSqD). The exclusive rights between Premier and Lexaria are subject to two previously issued licenses for using DehydraTECH technology in Japan for non-pharmaceutical cannabinoid products. As of July 28, 2022, Lexaria has been granted 26 patents worldwide. Under the terms of the license agreement with Lexaria, Premier purchased rights to the company’s DehydraTECH technology for use in the non-pharmaceutical market for CBD and hemp ingredients in oral liquid and non-liquid product forms, including topical, hair-care, lip-care, and cosmetics. To retain ongoing exclusivity, the minimum quarterly payments from Premier to Lexaria will begin September 1, 2022, and will total US$4,527,500 during the first five years of the agreement. Additional payment beyond five years will be required to keep the license in good standing. The “Ko” brand is focused on the endocannabinoid system and circadian rhythm, supporting the health and wellness of all consumers, specifically highlighting the concept of wellness for all, and will contain CBD and other botanical extracts. Ko-branded products containing DehydraTECH delivery technology are expected to be introduced during Q2 2023, following a rigorous product development process and formula optimization. Premier will create its own e-commerce infrastructure with digital marketing campaigns in collaboration with the licensee’s parent company, Premier Anti-Aging Co, Ltd., listed on the Tokyo Stock Exchange under the ticker symbol ‘4934:JP.’ Wholesale of the “Ko” brand will be done with a third-party Japanese-based distributor, also listed on the Tokyo Stock Exchange, to expand sales reach. The distributor and logistics supplier has shipped more than 3.5 billion products during the fiscal year and comprises more than 50,000 products and over 50,000 retail locations across the cosmetics, OTC pharmaceuticals, and nutraceutical wholesale industries. In addition to the licensee payments, Lexaria will receive royalties from DehydraTECH-enabled product sales, which are anticipated to be greater than the negotiated minimum payments for the license use if Premier reaches revenue targets. Even with the worst-case projected revenue, Lexaria could expect royalties of US$5 million annually by the fifth year of the contract. Lexaria’s DehydraTECH technology speeds up delivery, increases bioavailability, increases brain absorption, improves drug potency, reduces drug administration costs, and masks unwanted tastes. Animal studies have demonstrated the propensity of the technology to elevate the quantity of the drug delivered across the blood-brain barrier by as much as 1,900 percent. The technology is suitable for use within a wide range of product formats, including pharmaceuticals, nutraceuticals, consumer packaged goods, and over-the-counter capsules, pills, tablets, and oral suspension. The CBD market is primarily driven by increased demand for use in health and wellness and was valued at US$4.9 billion in 2021. The market is expected to grow at a CAGR of 21.3%, resulting in a value of US$47.22 billion by 2028 (https://ibn.fm/jBNnZ). Lexaria’s DehydraTECH technology is anticipated to leverage this growing market, using its patents and exclusive licensing to support the demand created within the industry. 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

Mullen Automotive Inc. (NASDAQ: MULN) Signs ‘Milestone’ Agreement with Amazon Delivery Partner for Fleet of EV Vans

  • Mullen signed a binding agreement with DelPack Logistics for up to 600 Mullen Class 2 Electric Cargo Vans
  • The agreement “puts our Class 1 cargo van program front and center for last-mile delivery opportunities,” says Mullen CEO
  • A recent study indicated the last-mile delivery market in North America is projected to see incremental growth of $59.81 billion between 2020 and 2025
In the competitive electric vehicle (“EV”) world, Mullen Automotive (NASDAQ: MULN) stands apart. The Southern California–based company owns and partners with several synergistic businesses to create clean and scalable electric vehicles and energy solutions. The company’s ability to reach this goal can perhaps be measured by its success, which was recently on display when Mullen inked a deal with DelPack Logistics LLC (“DPL”) for up to 600 Mullen Class 2 Electric Cargo Vans (https://ibn.fm/iKHKn). The two companies entered a binding agreement earlier this month calling for DPL, an Amazon delivery service partner, to purchase the EVs over the next 18 months; the first 300 will be ready for delivery by Nov. 30, 2022. All 600 vehicles, which will be fully homologated for the U.S. market, will include a “cabin-comfort” package featuring adjustable seats, cup holders, an infotainment system and comfortable passenger seat; they will also meet U.S. standards for airbags and safety and will carry a minimum of an 80-kilowatt-per-hour battery pack. “This agreement is a milestone for Mullen Automotive,” said Mullen CEO and chair David Michery. “DelPack is a leader in last-mile package delivery, and this agreement puts our Class 1 cargo van program front and center for last-mile delivery opportunities.” Last-mile delivery is the term for the final step in the process of delivering a product from warehouse shelf to the buyer’s door; this last step is typically the most expensive and time-consuming part of the shipping process, often representing a pain point for many companies (https://ibn.fm/6WQ7s). A recent study indicated that the last-mile delivery market in North America is projected to see an incremental growth of $59.81 billion between 2020 and 2025. “The market witnessed a YOY growth of 14.80% in 2021, and the growth momentum is expected to accelerate at a CAGR of 16% during the forecast period,” reported Technavio (https://ibn.fm/d5wQK). DelPack is committed to being an effective player in the last-mile space. The company’s priority is to bring smiles to Amazon customers while consistently outperforming expectations and providing a safe and well-compensated work environment for its valued employees. “DelPack is excited about an opportunity to take part and participate in a global green and sustainable initiative,” said DelPack partner Eugene Goldberg. Mullen’s involvement in the last-mile market is only a small piece of what the company is working to do. Mullen and its partner companies are focused on creating clean and scalable energy solutions in diverse ways. Its product lineup includes three models — the Mullen Five, Dragonfly and EV cargo vans — manufactured in state-of-the-art production facilities in the United States. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the company is dedicated to providing exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership. 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

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