Stocks To Buy Now Blog

All posts by Christopher

American Cannabis Partners Strengthening Position in Growing Cannabis Space

  • Legal cannabis market forecast to grow 20–30% per year to $50 billion by 2026
  • “Cannabis industry in America is flourishing,” reports CNN Business
  • ACP positioning itself in four sectors of the cannabis space: real estate, cultivation, medical research and nonprofit groups
The future of cannabis is looking promising, according to several recent reports, and companies such as American Cannabis Partners (“ACP”) are positioning themselves to benefit from the projected growth. “Various states across the country are resurfacing from the cloud of COVID-19, and as some like New York seek new high-growth industries to have a hand in, cannabis has been a consistent answer,” reported Forbes (https://ibn.fm/oqn9k). “Sales from cannabis were $20 billion in 2020, and are expected to exceed $26 billion in 2021. Research conducted by Cowen and Company reveals that the legal cannabis market is bound to grow 20–30% per year to the price of 50 billion by 2026. “There has always been a strong case for investment on the health side of the legalization debate, as patients suffering from chronic illnesses, such as Parkinson’s, cancer, Alzheimer’s, and many neurological disorders, are administered by medical cannabis,” the article continued. “But recreational use of the product has gained increasing momentum. Moreover, robust programs are touted to reinvest millions of tax revenues from cannabis into minority communities that the war on drugs has historically victimized.” CNN Business is touting the potential of cannabis. “Despite a global pandemic, discombobulated supply chains, ballooning inflation and an ongoing fight to legalize marijuana on a federal level, the cannabis industry in America is flourishing,” the news site stated (https://ibn.fm/YKYP6). “Sales hit $20 billion in 2020, are on pace to top $26 billion this year, and are projected to leapfrog to $45.9 billion in 2025, according to data from Marijuana Business Daily that were shared at the MJBizCon, the industry’s annual trade show. The nearly $46 billion in sales would make the cannabis industry larger than the craft beer industry.” These projections bode well for American Cannabis Partners, which is a fully licensed, large-scale, 100% organic cannabis cultivation company. The company is positioning itself in four sectors of the cannabis space: real estate, cultivation, medical research and nonprofit groups. American Cannabis Partners supplies multiple forms of raw product at wholesale prices for manufacturing, distribution and retail licenses in both the medical and recreational markets. Its commodity pricing model enables stable profit margins for customers, aiding the company’s expansion into multiple states. The company is currently operating in two states — California and Michigan — with a total of 12 cannabis licenses, including 20,000 square feet of cultivation licenses in California and 540,000 square feet of cultivation licenses along with a retail license in Michigan. 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

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Plant-based Platform Growing Amid Burgeoning Worldwide Interest in Healthier Lifestyles

  • E-commerce and retail brick-and-mortar plant-based lifestyle champion PlantX Life is a growing company focused on providing plant-based products and information to a booming community of health-conscious consumers
  • PlantX Life markets over 5,000 products that will serve local plant-based communities while also serving as fulfillment centers for the company’s growing e-commerce operations
  • The company’s most recent openings include stores in the Chicago area that will serve the U.S. Midwest, acquired from plant-based market Peter Rubi
  • PlantX further serves the plant-based community through informative podcasts, VIP YouTube interviews and a company blog
The growing appeal of a healthier, plant-based diet is evident in the number of people making the transition to veganism worldwide. While the statistics are hard to pin down precisely, the Plant Proteins papers found the number of vegans in the United States has increased by 600 percent since 2014 (https://ibn.fm/8Py2P) and the Guardian reported that the participants in the annual January vegan event “Veganuary” was expected to rise from a record 580,000 last year to more than 2 million this year (https://ibn.fm/lQwLC). Veganuary’s 2021 report noted that people from 209 countries participated in the month-long go-vegan challenge (https://ibn.fm/Od6hs). But transition to a vegan diet also comes with some negative side-effects that may discourage people from sticking with the changes they’ve made to their lifestyle in pursuit of better health (https://ibn.fm/veQXl). Progressive plant-based lifestyle platform builder PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) has developed a growing slate of online resources to help educate people about plant-based living while simultaneously building a North American product distribution network — all part of its mission to be a one-stop shopping source for the plant-based community. Recent posts on the company’s blog (https://ibn.fm/Zv5G7) tout everything from the benefits of a delicious vegan hot chocolate during the winter months to air-purifying plants that not only add to a home’s decor but its overall health as well. The company’s YouTube channel (https://ibn.fm/LEcpS) features its new “Medically Speaking” science-based programming as well as a variety of streams that provide information on recipes, fitness, and associated social matters. The PlantX video podcast series (https://ibn.fm/YoWP1) features interviews with business entrepreneurs, athletes and other notables who’ve dedicated themselves to making the plant-based lifestyle journey. “I always tell people it’s about progress, not perfection,” Olympic skier Julia Murray, who retired from competition to focus on building a breakfast cereal company and becoming a nutritionist, told PlantX founder Sean Dollinger during one of the Vodcasts. “I took about a year to transition from getting interested in eating more plants to fully calling myself vegan and using that label. … We always ate a lot of plants but I started just ditching the beef first and then the chicken and the pork and all of the meat and once I started ditching dairy especially I started noticing less inflammation overall and my skin cleared up as well, so it’s kind of a process.” PlantX has been adding e-commerce operations and retail outlets to help supply the growing demand for plant-based products. The company expects to have additional locations open by the end of this year, which will serve their local communities while also performing a vital function as fulfillment centers for the growing e-commerce infrastructure. Among the most recent openings celebrated by PlantX are two Chicago-area stores acquired from plant-based market and e-commerce platform Peter Rubi. The Uptown Chicago store will rebrand under PlantX’s Xmarket umbrella, while the Plainfield store on the southwest edge of the metropolitan area will retain the Peter Rubi name, adding “by PlantX.” Starting Feb. 15, the stores will only carry 100 percent plant-based items and will begin offering weekly sampling sessions to give shoppers opportunities to try new brands (https://ibn.fm/QP7Yt). The stores will help fulfill e-commerce orders and enhance the company’s e-commerce success in the U.S. Midwest. For more information, visit the company’s websites at www.PlantX.comwww.PlantX.ca, and https://investor.plantx.com/ and view PlantX for Plant-Based Investors. NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF

Laredo Oil Inc. (LRDC) Preparing to Capitalize in Surging Oil Market Following Promising Reserve Report for Western Williston Basin Properties

  • Laredo received a reserve report valuing a small portion of its subsidiary’s Western Williston Basin properties interests at $41 million of cumulative cash flow (discounted at 10%)
  • CEO Mark See highlighted the report as confirmation of potential for the first 10 well package at the property in northeast Montana
  • Oil price forecasts have risen sharply early in 2022 with growing geopolitical tension, declining global production and rebounding demand
Laredo Oil (OTC: LRDC), an oil and gas exploration and production (E&P) company, is focused on acquiring, developing and operating conventional oil and gas properties. During a recent down cycle, the company leased 23,739 mineral acres in the Western Williston Basin of Montana at favorable prices, and it continues to make progress toward developing this asset. In November, Laredo announced receiving a reserve report from an independent petroleum engineering firm estimating that interests attributable to certain properties in the Western Williston Basin of Montana acquired by Laredo subsidiary Lustre Oil Company LLC have a present total worth of “$41 million of cumulative cash flow discounted at 10%.” “This reserve report confirms the potential of the first 10 wells we have identified for completion in a small portion of the 23,739 acres where Lustre has acquired mineral rights in northeast Montana,” Mark See, Chairman and CEO of Laredo, said in the news release. “Based on this reserve report, I feel the field has much more potential for expansion.” Montana’s Western Williston Basin has an extensive production history dating back to the 1950s. Notably, the area features shallow well depths ranging from 4,000 to 7,000 feet, enabling the use of conventional vertical well applications that offer less inherent risk and costs than areas requiring unconventional recovery techniques and horizontal wells. The outlook for oil prices has soared early in 2022, as geopolitical tension continues to increase, and global demand recovers as fears surrounding the omicron coronavirus variant dissipate (https://ibn.fm/ggo2D). A Monday report from Reuters pegged Brent crude forecasts at $79.16 per barrel this year, up from an estimate of $73.57 in December. Meanwhile, demand is seen growing by “3-5 million barrels per day in 2022, with analysts seeing a muted impact from the current COVID-19 surge.” For Laredo, these market projections are promising. The company remains committed to value, growth upside and free cash flow, and its management team has noted an interest in aggressively pursuing the acquisition of quality assets that major, mid-major and large independent oil and gas companies continue to divest themselves of. For more information, visit the company’s website at www.Laredo-Oil.com. NOTE TO INVESTORS: The latest news and updates relating to LRDC are available in the company’s newsroom at https://ibn.fm/LRDC

Flora Growth Corp. (NASDAQ: FLGC) Closes January’s Series of Hires, Appointing Joël Reyes as SVP of Global Operations

  • Joël Reyes’ appointment marks the third appointment in the first month of the 2022 calendar year
  • Mr. Reyes will be responsible for implementing operational excellence across the entire organization, starting with its Columbian activities
  • His appointment comes just in time, following the implementation of the new Colombian law allowing for the export of up to 7,900 kilograms of high-THC cannabis dried flower
Flora Growth (NASDAQ: FLGC) embarked on an aggressive hiring campaign to kick off the 2022 calendar year, starting with the appointment of Derek Pedro as an advisor to its Cosechemos cultivation facility (https://ibn.fm/BNmVY). This was then followed by the nomination of Tim Leslie as Chairman of its newly formed Advisory Board, all in a move to develop its corporate structure further to include a robust roster of human capital (https://ibn.fm/etalw). The latest addition to the Flora Growth team is Joël Reyes, a seasoned operations and personnel development expert. Mr. Reyes will serve as the company’s Senior Vice President (“SVP”) of Global Operations. He will be responsible for implementing operational excellence across the entire organization, starting with its robust Columbian activities (https://ibn.fm/ZUqXO). Mr. Reyes will lend his years of experience in operations management and optimization, business development, strategic consultative sales, and C-suit consultation and development. Flora Growth’s management is confident that his addition to the team will play a vital role in achieving the company’s aggressive global expansion plan. “2022 is the year for Flora to rapidly grow sales and revenue, and being surgical in our operational execution at every touchpoint will be critical to achieving our goals,” noted Luis Merchan, the President and Chief Executive Officer (“CEO”) of Flora Growth Corp. “As an award-winning expert in operations management, the appointment of Joël Reyes comes at the perfect time as Flora Growth’s aggressive global brand expansion and M&A strategy continue to be implemented,” he added. Mr. Reyes has founded four startups over his professional career. This achievement has awarded him an intimate understanding of the level of consistency, determination, and commitment required to deal with challenges and achieve goals at scale. It has also led to him being named one of the “Faces of Innovation” by the Consumer Technology Association (“CTA”). When accepting his appointment, Mr. Reyes noted: “Flora Growth is well-positioned for rapid revenue growth after strategically building a house of brands and global pipeline for the sale of cannabis derivatives in 2021. With this growth, combined with aggressive revenue targets, comes the need for operational acuity within every go-to-market pillar, across every market we enter – and that is the work I most look forward to taking on, alongside this all-star team.” Mr. Reyes’ appointment comes just in time, following the implementation of the new Colombian law allowing for the export of up to 7,900 kilograms of high-THC cannabis dried flower. Flora Growth is in the process of ramping up production at its Cosechemos facility to meet this quota, and Mr. Reyes will play an integral role in achieving this objective. 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

GreenBox POS (NASDAQ: GBOX) Launches Massive Bulk ACH Processing Vertical as it Focuses on Increased Shareholder and Customer Value, Overall Processing Volumes via Company’s Gen3 tech

  • GreenBox POS will begin offering bulk Automated Clearing House (“ACH”) processing capabilities to merchants utilizing its innovative blockchain and smart contract technologies
  • ACH payments offer an affordable alternative when compared to traditional debit and credit cards
  • GreenBox POS CEO Fredi Nisan stated that bulk ACH processing offers a new, profitable multi-billion-dollar revenue stream for the company
  • The launch will secure the company’s ability to continue providing meaningful value to its shareholders and customers while also growing its processing volumes
When GreenBox POS (NASDAQ: GBOX), a fast-rising provider of customized payment solutions leveraging advanced, secure blockchain and smart contract token technologies, launched the third generation of its proprietary blockchain-based platform (“Gen3”) early last year, its objective was clear – to unlock the door to rapid scalability. Gen-3 positioned the company vertically within the payment processing space, enabling it to capture a significant share of the transaction volume. For instance, the company last November reported a year-to-date transaction volume of $1.4 billion as of September 30, 2021 (https://ibn.fm/O1wJv). Additionally, Gen3 allowed GreenBox to create a tokenized ecosystem, fast-track the onboarding of new merchants, offer white label banking solutions, and enter new verticals (https://ibn.fm/wS74l). Consistent with the latter outcome, the company celebrated the launch of a massive new payment vertical, announcing January 18 that it would offer Automated Clearing House (“ACH”) processing capabilities to merchants. GreenBox will leverage its blockchain technology as well as smart contract technology to transfer funds electronically for ACH debit and ACH credit transactions. Already, GreenBox clients have committed more than $50 million in monthly ACH processing since the program began; the number is growing by the day. “Generally, the average ACH ticket is approximately $150.00, with margins ranging from 20-30 cents per transaction. What’s more is that these new ACH processing abilities also allow the company to capture the business of and support clients in higher-risk categories, earning an additional 20-30 basis points per transaction,” GreenBox’s POS Chief Executive Officer, Fredi Nisan, said in the news release. ACH is a network payment system that facilitates the transfer of billions of dollars through the United States financial system daily. It handles credit transfers, including but not limited to social security benefits, direct deposit of paychecks, dividend payouts, and tax refunds, as well as debit transfers such as subscription and mortgage payments and utility bills. It boasts low execution costs, making ACH payments an attractive and advantageous payment alternative for merchants – it offers substantial cost savings to conventional credit and debits cards. In 2020, ACH processed 26.8 billion payments whose total value crossed the $61.9 trillion mark, according to Nacha, a nongovernment agency that governs the network (https://ibn.fm/gZUd8). “ACH bulk processing offers a profitable, new, multi-million-dollar revenue stream for GreenBox. Our clients have long been demanding it, and now we can offer it with our superb technology,” commented GreenBox POS CEO Fredi Nisan. “This is yet another example of GreenBox delivering against our strategic plan to continue providing meaningful value to our shareholders and customers alike.” The launch of the new ACH bulk processing initiative aligns perfectly with GreenBox’s goal of increasing its overall processing volume. Speaking during a December corporate update call, company COO Vanessa Luna noted, “Processing volume is one of the key pillars of our organization, and it is, in fact, the one that [we] measure our success on” (https://ibn.fm/QTgjZ). Guided by the focus on growing processing volume, GreenBox has continued to execute various mergers and acquisitions and has, in fact, scheduled additional strategic acquisitions for 2022. “The purchases,” Luna said, “create a stable infrastructure to support payment processing and contribute to the bottom-line goal.” At the same time, GreenBox aims to continually expand its licensing and broaden its network and processing capabilities. For more information, visit the company’s website at www.GreenBoxPOS.com. NOTE TO INVESTORS: The latest news and updates relating to GBOX are available in the company’s newsroom at https://ibn.fm/GBOX

SPYR Inc. (SPYR) Capitalizing on Apple Ecosystem’s Convenience, Capability to Offer Compatible Smart Home Devices

  • Apple enthusiasts buy the company’s products chiefly because of the ecosystem of software and services that allow them to enjoy numerous tools and Apple-only applications
  • This unique selling point could equally influence people who currently own Apple products to buy Apple ecosystem compatible smart home devices built on the HomeKit framework
  • SPYR, through its wholly-owned subsidiary, Applied Magix, offers white-label HomeKit products and accessories, but ultimately intends to develop, manufacture, and sell its own line of branded products based on the HomeKit framework
During the 2020 Worldwide Developers Conference (“WWDC”), Apple Inc. (NASDAQ: AAPL) announced an update to HomeKit – the company’s framework, which pairs compatible smart home devices with the iPhone via Apple’s Home app, enabling users to centrally control the devices, automate certain operations, and use voice commands – that observers believed would boost its smart home efforts (https://ibn.fm/ijb0G). The update would allow HomeKit to provide recommendations that optimize the automation potential of smart home devices, solving a glaring problem afflicting users at the time – the complexity of automating different smart home devices. In addition, the update would enable users of smart home accessories to link their devices’ video cameras to Apple products in what would promote on-device security by allowing the cameras to support facial recognition. The 2020 announcement was the latest, at the time, in a series of improvements Apple had continuously promised and delivered since the release of the first version of HomeKit in September 2014, as it sought to lock its consumers more tightly within the Apple ecosystem – a collective of services and software that allow users of Apple products to enjoy a plethora of useful and convenient capabilities. Though Apple has been a laggard in the smart-home market, falling behind Amazon.com, Inc (NASDAQ: AMZN) and Google Inc., a subsidiary of Alphabet Inc. (NASDAQ: GOOGL), its ecosystem and the convenience it offers could ultimately fuel the company’s growth within this space. A 2017 CNBC All-America Economic Survey established that 64% of Americans owned an Apple product, up from 50% in 2012. The average U.S. household reported owning 2.6 Apple products, while the wealthiest Americans owned 4.7 products (https://ibn.fm/N2kJk). These figures have likely increased since 2017 based on the historical trend. Meanwhile and according to a 2021 Statista report, 43% of American households reported owning a smart home device, up from 33% in 2019. The trend is also likely to continue as more devices that can connect to the internet enter the market (https://ibn.fm/udLjj). The variance between the number of Americans who have owned an Apple product and those who have owned a smart home device represents a significant growth potential for Apple’s smart home device segment, especially in light of the significance of the company’s ecosystem. And while the company’s HomeKit framework is not compatible with as many smart home devices as Google Assistant and Amazon Alexa, third-party companies are filling the gap. One such company is Applied Magix Inc., a wholly-owned subsidiary of SPYR (OTCQB: SPYR). Acquired in October 2020 (https://ibn.fm/in0HE), just a few months after Apple’s WWDC, Applied Magix is a registered Apple developer and reseller of Apple ecosystem compatible products targeting the burgeoning multi-billion-dollar smart home market. Applied Magix sources white-label HomeKit products and accessories from manufacturers and selects the best-in-class products that it then sells and offers support services such as software updates. The subsidiary’s goal, however, is to eventually develop, manufacture, and sell its own line of branded products that are based on Apple’s framework. In the meantime, Applied Magix offers the MagixDrive Wireless CarPlay Adapter; the HomeKit Secure Video Camera with iCloud Storage; the Multipurpose Sensor with Alarm; the Environment and Motion Sensor; the Window and Door Contact Sensor; and the newly introduced MagixBlock USB DataBlocker (https://ibn.fm/TRqwz). For product information, please see the Applied Magix website at https://AppliedMagix.com, or specific product sites: For more information, visit the company’s website at www.Spyr.com. NOTE TO INVESTORS: The latest news and updates relating to SPYR are available in the company’s newsroom at https://ibn.fm/SPYR

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Continues Progress Toward Generating Cash Flow as it Grows Precious Metal Resource Opportunities

  • StraightUp seeks to tap into expected growth trends in the price of precious metals to generate cashflow and improve shareholder value
  • This will complement the company’s efforts to acquire more mineral properties in North and South America
  • Mr. Brezer, the President and Director of StraightUp, is confident that the long-term price of precious metals could extend its positive historical trends well into the future
  • He plans to capitalize on this, along with the opportunities at the Red Lake mining district, to grow the company even further
StraightUp Resources (CSE: ST) (OTCQB: STUPF) has, since its inception, remained committed to mineral exploration, coupled with the acquisition of mineral property assets both in North and South America. The company now seeks to tap into expected growth trends and generate cash flow while at it. The company has been on an aggressive campaign to secure properties in the region. The most recent acquisition is the West Cat Mine, located in the historic Beatty Mountain Nevada Mining District in Nye County, Nevada. As part of a 20.66-acre land package, this property is rich in gold ore within fault zones, which the company can draw value from (https://ibn.fm/7rMm8). StraightUp has also added secured rights of exclusivity with Premier Silver Corp, signaling a possible entry into Peru, particularly for exploring silver, the most undervalued commodity in the world, according to Duncan Gordon, the founder and chairman of Premier (https://ibn.fm/QFgWF). While these acquisitions have been integral in growing the StraightUp brand and asset portfolio, the company is now seeking to take a giant leap forward with cash flow generation. This comes in light of the ongoing trend with the price of precious metals, which has been rising over the past few years. “StraightUp Resources and Premier will now be a company that is not only exploring for opportunities but also generating cash flow, and that takes us from being an exploration company to a mining company,” noted Mark Brezer, StraightUp’s President and Director. “To have a proven silver mine and cash flow coming from it will help strengthen our other business endeavors,” he added (https://ibn.fm/vxiZ7). Mr. Brezer is confident that the price of precious metals could extend its positive historical trends well into the future, presenting an opportunity that the company can capitalize on to generate revenue and create value for its shareholders. The price of a troy ounce of silver, for instance, has been on an upward trajectory since 2018, rising from $15.71 to $25.14 in 2021. On the other hand, Gold has also posted a consistent growth over the years, starting at $1,159.86 in 2015 to $1,798.89 in 2021. In addition to generating cash flow for the company, StraightUp also plans to capitalize on the opportunities at the Red Lake mining district. It also seeks to conduct more exploration at its Ferdinand project while also leveraging advanced technology to identify the specific areas to focus additional exploration efforts. For more information, visit the company’s website at www.StraightUpResources.com. NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://ibn.fm/STUPF

U.S. Efforts to Extend Digital Equity to Low-income Areas Boots Hollywall Entertainment Inc. (HWAL) Mission to Deliver ‘Fiber to the People’

  • Technology and broadcasting company Hollywall Entertainment Inc. is the rights holder for a vast library of music, film, television, software and game titles that are in demand for entertainment and potential NFT-building purposes
  • Hollywall is building its networks across the Eastern seaboard and the Deep South’s “Black Belt” environs as part of its drive to build digital equity in underserved or unserved communities
  • The digital equity / broadband equity movement seeks to improve access to Internet-based technology to remove barriers to educational and socio-economic opportunities and achievements
  • The “infrastructure” agenda scored a significant victory for digital equity last fall when Congressional legislation that funds river, road, and Internet endeavors, gained enough bipartisan support to win passage into law
Efforts to establish “digital equity” across the country emerged from the shadows when bipartisan support finally pushed through the much publicized and massive “infrastructure” agenda, which effectively puts the ability to travel across the Internet on a par with safe traveling over the nation’s rivers and highways. The idea that rural, often poor communities deserve the freedom to move beyond the boundaries of their neighborhoods, not only on roads but via high-speed computer connections as well, is exemplified in telecommunication and broadcasting company Hollywall Entertainment (OTC: HWAL) President and CEO Darnell Sutton’s long-standing pursuit of “Fiber to the People” — an effort to empower smaller communities, particularly across the South’s “Black Belt.” “We will faithfully remain steadfast and committed to our work to deliver on our promised mission of Fiber to the People(TM), inviting a beacon light of hope to inspire those that live within the fringes of some (of) our nation’s most devalued and disenfranchised communities,” Sutton stated after the company announced the formation of wholly owned subsidiary HW Vision a year ago to advance delivery of state-of-the-art services in the realms of affordable high-speed internet access, tele-health, IOT, video broadcasting and nationwide unlimited talk, text and data cellular phone plans (https://ibn.fm/c4eyF). Hollywall is dedicated to using its vast catalog of music, film, television, software and game library rights to build smart city, fiber network and entertainment investment profits throughout the United States, and also to ensure that such services are available where they have historically been in short supply. While the infrastructure agenda has met resistance, the new law seeks a solution to economic inequalities that became more critical when the COVID pandemic drove people online at unprecedented levels two years ago for remote working, shopping, socializing and entertainment needs. The Federal Communications Commission (“FCC”) estimates that more than 14 million Americans lack access to baseline broadband speeds, while the internet service-tracker BroadbandNow pegs the number at closer to 42 million, according to a CNET report anticipating technology trends for 2022 (https://ibn.fm/qnlGn). The infrastructure law will provide money to every state to help with Internet infrastructure and for equal access and digital literacy planning under the Digital Equity Act. And the legislation extends a federal discount on broadband service for low-income families while also requiring clear, uniform labeling of internet prices similar to food nutrition labels, according to Consumer Reports (https://ibn.fm/2WSjw). “The rich nations must use their vast resources of wealth to develop the underdeveloped, school the unschooled, and feed the unfed,” Sutton stated, quoting civil rights pioneer the Rev. Martin Luther King’s 1964 Nobel Peace Prize lecture (https://ibn.fm/WJark). For more information, visit the company’s website at www.Hollywall.com. NOTE TO INVESTORS: The latest news and updates relating to HWAL are available in the company’s newsroom at https://ibn.fm/HWAL

BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Journey: From Runners’ Knee to Canada’s 101 Top F&B Start-up List

  • BevCanna Enterprises Inc is a diversified health & wellness beverage and natural products companies which deals in the manufacture and distribution of both, in-house brands, and white-label clients
  • The company currently boasts over 3,000 points of distribution and online through which it retails the company’s market-leading TRACE brand, its Pure Therapy natural health products as well as its various, cannabis infused beverages.
  • BevCanna’s strong execution recently saw it report 3Q2021 revenues of $1.1 million, representing a rise of over 1,000% relative to a year ago
  • BevCanna Enterprises separately announced that it has been named as one of the 101 Top Food and Beverage Startups and Companies in Canada by Best Startup Canada
In 2013, Marcello Leone, CEO and Founder of BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), was suffering from a series of afflictions. He would get walking pneumonia twice a year and experience a flare up in his runners’ knee nearly every other day; it was then that Leone’s wife introduces him to TRACE, a plant based functional beverage. After trying it once, Leone never looked back (https://ibn.fm/XMfky). Over the past several years, BevCanna Enterprises, a diversified health & wellness beverage and natural products company developing and manufacturing a range of alkaline, plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients, has seen its business go from strength to strength, recently being recognized as one of the Top 101 Food and Beverage Startups and Companies in Canada with its products now available online and at over 3,000 points of regulated and traditional points of sale across the nation; Accounting for the cannabis distribution and the traditional CPG distribution. In a recent interview, Leone elaborated on how BevCanna had actively sought to differentiate their business model from others within the beverage space, “We focus on alkaline and plant-based functional beverages and nutraceuticals as well as CBD and THC infused beverages. So, we are a little bit unique in that respect as we have one of our divisions which is a CPG division and then we have our other division which is a federally licensed producer of cannabis infused beverages.” A key pillar underpinning the company’s model has been its full-service white label beverage manufacturing solution, which has seen the company partner with several iconic brands in their bid to enter the Canadian market. Offering a range of services which include, beverage processing, product development, packaging, and distribution, BevCanna’s current portfolio of brand partnerships include the likes of the United States’ leading cannabis beverage brand, Keef (cannabis-infused classic soda), the Tinley Beverage Company, Averi Health Products, Green Monké, and the Xebra Brand Ltd, among others. Simultaneously, BevCanna have also sought to further their commercial appeal – recently arriving at an agreement with UNFI Canada  as well as the wholesale distributor Koyo Foods Inc. Seeing the company’s wholly owned subsidiary Naturo Group’s TRACE line of products to retailers, In a deal which will result in significant expansion of the companies over 3,000 points of retail distribution across the country. BevCanna Enterprises’ strong execution and expanding white-label brand portfolio has been reflected in their recent financial results, with the company reporting third quarter 2021 results which saw their revenues rise by upwards of 1,000 percent to $1.1 million. At the time BevCanna Chief Financial Officer, John Campbell remarked, “As we closed out the third quarter, we delivered impressive revenue growth of more than 1,000%, achieving $1.1 million in sales, compared to $94,000 in the year-ago quarter… Our third-quarter results are further evidence of the company’s continued execution and the impact that our brands are having on the market.” (https://ibn.fm/nOazX). For more information, visit the company’s website at www.BevCanna.com. NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://ibn.fm/BVNNF

InMed Pharmaceuticals Inc. (NASDAQ: INM) Strengthens Leading Role in Rare Cannabinoid Market Following New Product Launch, Key Acquisition

  • Cannabicitran is the first of four new rare cannabinoids InMed is planning to launch in the first half of the year to meet growing inbound demand
  • The launch demonstrates InMed’s ability to produce rare cannabinoids at scale, something only very few companies have achieved
  • BayMedica acquisition, other key achievements in 2021, are positioning the company as a leading supplier of rare cannabinoids in the health and wellness sector
A leader in the research, development, manufacturing and commercialization of rare cannabinoids, InMed Pharmaceuticals (NASDAQ: INM) has begun the new year from a more prominent position in the market, following key acquisitions and milestones attained in 2021 and the launch of a new product, cannabicitran (“CBT”). The company is uniquely positioned to leverage the worldwide growing awareness of the potential benefits of cannabinoids and a rising demand for rare cannabinoids in particular (https://ibn.fm/4WTrf). According to Grand View Research, the rare cannabinoid retail market is anticipated to reach $26 billion by 2028 (https://ibn.fm/QSfbr). Commercial scale access to rare cannabinoids will enable consumer brands and product manufacturers to deliver differentiated products as well as to enhance existing products for health and wellness consumers. With the launch of business-to-business sales of CBT in the health and wellness sector, InMed has further expanded its portfolio and its presence in the growing rare cannabinoid market. CBT is the first of several new products InMed is planning to launch in the first half of 2022 in response to growing demand. “By midyear, we expect to have at least four rare cannabinoids available for the health and wellness markets, positioning us as a leading large scale supplier of high quality rare cannabinoids in these sectors,” stated Shane Johnson, SVP and General Manager of InMed’s subsidiary and recent acquisition BayMedica. BayMedica has already received initial purchase orders and begun commercial sales of CBT, the second rare cannabinoid it launched in the health and wellness sector after cannabichromene (“CBC”). Additionally, the company has initiated commercial scale production of cannabidivarin (“CBDV”) and plans to launch tetrahydrocannabivarin (“THCV”) production shortly after, expecting to manufacture over 100kg of both cannabinoids in the coming months. The CBT launch further demonstrates InMed’s ability to produce rare cannabinoids at commercial scale, an achievement not many companies have been able to attain, according to Johnson. “We are pleased with initial demand and we expect to grow sales over the coming quarters as we continue to expand our product portfolio of rare cannabinoids,” he added. The company is all but guaranteed to attain higher sales, given its ability to scale up based on demand and its flexibility in marketing approaches, paired with a stern commitment to ensuring quality, consistency and purity of product through proprietary processes. Moreover, the key acquisition of BayMedica in October 2021 gave InMed access to proven proprietary synthetic manufacturing methods that can be successfully utilized to custom formulate cannabinoids for multiple health and wellness applications, including nutraceuticals, supplements, cosmetics and animal health products. Other key milestones reached in 2021, as per a recent letter to shareholders from InMed President and CEO Eric A. Adams, include (https://ibn.fm/igZHd):
  • Maximizing production yield of pharma-grade manufacturing process, IntegraSyn(TM) – An industry-leading yield of 5g/L was achieved in June 2021, with plans to further optimize the platform for large-scale, pharmaceutical-grade production of rare cannabinoids.
  • Furthering INM-755 program for Epidermolysis Bullosa (“EB”) treatment – A Phase 2 efficacy trial was initiated in September 2021, the first time that cannabinol (“CBN”) has reached a Phase 2 clinical trial as a therapeutic option to treat a disease.
  • Advancing INM-088 program for glaucoma treatment – Getting one step closer to launching human clinical trials, the InMed team has conducted several preclinical studies to validate the use of CBN for the treatment of glaucoma, a condition that affects about 80 million people worldwide.
  • Conducting promising research into the use of a rare cannabinoid for neurodegenerative diseases – In October 2021, InMed filed an international patent application for the use of a rare cannabinoid, whose name was not disclosed, as potential treatment for various neurodegenerative diseases including Parkinson’s, Alzheimer’s, Huntington’s and others.
For 2022, InMed expects to build on the successes achieved in 2021, especially the acquisition and integration of BayMedica, to secure consistent revenue growth and further advance its pharmaceutical drug development programs, transitioning to become a leading B2B supplier of rare cannabinoids in the consumer health and wellness market. For more information, visit the company’s website at www.InMedPharma.com. NOTE TO INVESTORS: The latest news and updates relating to INM are available in the company’s newsroom at https://ibn.fm/INM

From Our Blog

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF): Drilling Success and Warrant Acceleration Strengthen Development Trajectory

September 25, 2025

The gold development sector continues to walk a fine line between exploration success and financial strength. Investors look for companies that can expand resources while maintaining the capital to move projects toward production. Nevada, with its mining-friendly jurisdiction and extensive infrastructure, remains a prime location for this balancing act. Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) […]

Rotate your device 90° to view site.