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Tevva: It’s Time to Shift into a Higher Gear in the Climate Change Fight

During COP26 last November, we saw ambitious plans and commitments being made by governments and companies around the world in an effort to meet the Paris Climate Agreement. But talk is cheap. We need action, and there really is no time to waste. In the UK, transport, including freight, has become the biggest source of air and noise pollution. That’s why Tevva’s focus has always been to use the latest technology to face down the challenges posed by climate change. We do technology because it matters and makes a difference to humanity Tevva’s pledge is to develop sustainable (electric and hydrogen) urban trucks at volume, to address climate change and local air quality issues, and to improve the lives of humanity through innovative transport solutions. This year, Tevva will begin full production of its all-electric truck, drawing on decades of proven engineering, design and manufacturing experience. The technology will soon hit European roads, providing Tevva customers with a reliable zero-emission solution to accelerate their fleet electrification ambitions. Tevva trucks will quickly improve the air quality in our cities, eliminating millions of tonnes of harmful emissions over the coming years. Urban areas will begin to breathe a little easier when fossil fuels are removed from the trucking equation. Rolling out Tevva trucks will, of course, only solve part of the problem. The scale of the task means governments must help as much as they can. The proposed UK ban on sales of new diesel and petrol commercial vehicles by 2040, like government plans throughout the world, is a positive move. But bringing this deadline forward would have an even bigger impact on carbon reduction. So too will the recent pledge to extend grants and infrastructure for new electric vehicles. But details of the reported £620 million that’s been promised, including what it will mean for freight and logistics (the industries that Tevva is targeting), remain unclear. We also need to hear more on government plans to develop green hydrogen. Our hydrogen range-extended trucks use an innovative combination of battery electric and hydrogen technologies to provide a unique answer to range anxiety in commercial EVs. There is no doubt that society sees such technological progress as positive and that there is almost universal agreement on the need to benefit humanity with ‘greener’ jobs, less pollution and cleaner, quieter streets. Tevva is lighting the way – in terms of being an innovator and “solution finder” for cleaner technologies. Being an enabler of positive change is part of our proposition and we are committed to supporting our broad stakeholder network of customers, suppliers, strategic partners and local communities as they forge their own paths towards a greener future. We urge all those in power, as well as our industry partners, to keep in mind that utilising a range of renewable fuels (including green hydrogen) will create a more sustainable foundation for commercial vehicles. Tevva has the technology and expertise to help build this foundation. We want to work more closely with the British government to make our collective future healthier, safer and more sustainable. Time’s up for talking and bold promises, let’s now shift into a higher gear of action – for everyone’s sake. This article has been contributed by Tevva. Asher Bennett is Founder and CEO of the company. To learn more, please visit https://www.tevva.com. Third-Party Content The IBN website may contain Third-Party Content articles and other content submitted by third parties, including articles submitted through the IBN Premium Partnership Program. 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Correlate Infrastructure Partners Inc. (CIPI) Empowering Businesses to Tackle Scope 1, 2, and 3 Emissions, Meeting Decarbonization and ESG Goals

  • Correlate Infrastructure Partners offers a complete suite of proprietary clean energy assessment solutions, designs, and finances renewable energy projects
  • Through its vast portfolio, CIPI is helping companies meet their decarbonization, ESG (Environmental, Social, and Governance), and net operating income goals, as well as tackle Scope 1, 2, and 3 emissions
  • Correlate provides financing mechanisms and solutions that improve the procurement experience
  • Using technology, CIPI identifies the best energy optimization strategy that matches corporate energy goals
Renewables such as wind and solar are the fastest way to hit global decarbonization targets and boost energy independence. And as a recent GreenBiz article reports, companies “that transform their operations to meet decarbonization goals, tackle Scope 1, 2, and 3 emissions, and partner with developers to transform from passive energy consumers to active market participants will capture the greatest value from the energy transition and position themselves as industry leaders” (https://ibn.fm/bU5mA). According to the U.S. Environmental Protection Agency (“EPA”), scope 1 emissions are “direct greenhouse gas (“GHG”) emissions that occur from sources that are controlled or owned by an organization. Scope 2 emissions are indirect GHG emissions associated with the purchase of electricity, steam, heat, or cooling” (https://ibn.fm/15JKV). Finally, scope 3 emissions are “the result of activities from assets not owned or controlled by the reporting organization, but that the organization indirectly impacts in its value chain” (https://ibn.fm/J8vI0). In discussing the top five trends expected to shape the burgeoning renewable energy sector and their implications for businesses, the GreenBiz article underlines the realization by business leaders that one of the most fundamental approaches to making substantial and meaningful progress in reducing emissions is by dealing with emissions across the entire value chain. To achieve this, companies are targeting Scope 3 emissions, which “reach beyond a company’s direct control and are associated with suppliers or consumers of the company’s products,” and therefore consider the impact of an entire value chain. “In order to tackle their Scope 3 emissions, companies are launching collaborative initiatives with their suppliers to encourage decarbonization… Businesses are also beginning to encourage decarbonization by focusing on changing procurement standards… Other companies help their suppliers procure clean power by sharing their procurement experience, offering financial support, or partnering with them on renewable energy aggregations. These powerful aggregation tools allow smaller companies with lower electricity loads to collaborate and purchase renewables at scale,” the article continues. For Correlate Infrastructure Partners (OTCQB: CIPI), the article’s discussion points aptly describe its focus. A portfolio real estate platform, Correlate offers a complete suite of proprietary clean energy assessment solutions in addition to developing and financing renewable energy projects to enable large-scale property owners to optimize their buildings’ energy footprints and meet their sustainability goals. Using its vast array of assessment solutions that rely on technology, Correlate assesses buildings to establish the clean energy and energy-efficient solutions that, when installed, will meet the client’s corporate energy goals. The company then designs these systems, prioritizing the opportunities identified at the assessment stage and matching the designs to the corporate goals. In addition, the company has a funding mechanism to cushion clients from shelling out out-of-pocket capital expenditures (“CapEx”). Next, Correlate partners with its network of energy service providers to deliver project bids and contract-level pricing. Even so, this network is not a closed ecosystem – CIPI is vendor agnostic, meaning the company can work with its clients’ existing partners. Lastly, CIPI manages the contractors and suppliers, ensuring the build-out phase is completed successfully. Through these steps, Correlate’s website notes, the company makes it “easier for organizations to reach their stated ESG (Environmental, Social, and Governance) and NOI (Net Operating Income) goals, reducing wasted time and money for everyone” (https://ibn.fm/Gewcr). In a move that further expanded these capabilities, CIPI, in early May, launched the Correlate Portfolio Health platform that digitizes archaic processes, making energy management and procurement transparent and cost-effective as a result (https://ibn.fm/dQDdq). A unique solution, Correlate Portfolio Health simplifies (i) complex energy assessment by providing facility and portfolio-level energy, cost, and carbon saving recommendation reports; (ii) procurement by incorporating a seamless bid process for solutions such as HVAC systems, lighting, roofing, solar, controls, and more; (iii) funding for deferred maintenance with new energy efficiency options; (iv) on-site generation of renewables like solar and storage; and (v) commodity energy contracts. CIPI’s offerings, which range from financing, design, assessment, improved procurement experiences, and contract management, empower companies to better tackle their Scope 3 emissions while still hitting their NOI and decarbonization targets. For more information, visit the company’s website at www.CorrelateInfra.com. NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Buying 50% of Project Radius and Up to 5 Percent of Its Own Stock

  • EverGen has initiated a share buyback program, or normal-course issuer bid as it is called in Canada
  • The Company is allowed to repurchase 668,370 shares of its common stock, representing ~5% of the total shares issued and outstanding. The shares will be retired.
  • With an established RNG footprint in Western Canada, EverGen entered the Eastern markets in May with an agreement to acquire 50% of Project Radius
In the U.S., it’s called a share repurchase plan. In Canada, it’s a normal-course issuer bid (“NCIB”). Whatever the name, a company buying back shares in the open market and retiring them is good for shareholders because fewer shares available make those outstanding more valuable. Earlier this month, EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF) launched an NCIB undergirded by management’s contention that, “from time to time, the market price of the common shares may not fully reflect the underlying value of the company’s business and its future prospects.” EverGen is focused on fighting climate change and helping communities contribute to a sustainable future by acquiring, developing, owning, and operating a portfolio of Renewable Natural Gas (“RNG”), waste-to-energy, and related infrastructure projects. RNG is pipeline-quality gas derived from biogas, which is produced from decomposing organic waste from landfills, agricultural waste, and wastewater from treatment plants. It is fully interchangeable with conventional natural gas with the benefit of being much better for the environment (no drilling required for RNG either). In fact, RNG is not just carbon-free, it is carbon-negative. Furthermore, digestate, the byproducts from the anaerobic digester process used in making RNG, has utility for use in fertilizer, soil amendments, and other products. RNG is cleaner every step of the way. The Vancouver-based company started regionally in Western Canada with three owned and operated RNG and/or organic processing facilities as it pursues similar clusters throughout the country and seeks to lock down long-term RNG supply contracts. EverGen made its initial foray into Eastern Canada last month with an agreement to acquire a 50% interest in a portfolio of RNG development projects in Ontario known as Project Radius. During the first quarter, EverGen booked CAD$1.4 million in revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of CAD$0.6 million. That was roughly in line with the year prior despite shutdowns due to the epic floods that crippled parts of British Columbia during the quarter. The company ended the quarter with CAD$20.2 million in cash and cash equivalents. “EverGen is in a strong position to expedite growth as Canada’s RNG infrastructure platform and we have continued to deliver on our goals,” said Chase Edgelow, CEO of EverGen, in a press release on Q1 performance. With the NCIB approved by the TSX Venture exchange as of June 8, 2022, EverGen can purchase common shares of EVGN at its discretion through June 7, 2023. The transactions will be carried out through the facilities of the TSX Venture Exchange by Clarus Securities on behalf of EverGen. NCIB rules stipulate a maximum number of shares that can be repurchased and at what pace. For EverGen’s NCIB, the company can acquire up to 668,370 shares of its common stock over the next year, representing about 5 percent of the company’s 13.37 million issued and outstanding. No more than 2 percent of the issued and outstanding shares can be purchased during any 30-day period. All repurchased shares of EVGN will be returned to the treasury and canceled. 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

Golden Matrix Group Inc.’s (NASDAQ: GMGI) AI-Powered I-Gaming Systems Fuel Revenue Growth Despite Looming Recession

  • Online gambling growing despite recession fears, expected to reach $115.13 billion by 2026 at CAGR of 9.2%
  • GMGI leads industry with modular, turnkey, and white label gaming platforms compatible with all major browsers, operating systems, devices
  • GM-X gaming systems collect player data, leverage AI algorithms to enhance gaming experience, increase player retention, boost B2B client profitability
Online gambling continues to grow globally and is expected to reach $81.08 billion in 2022 at a compound annual growth rate (“CAGR”) of 10.4% (https://ibn.fm/CqiDg). Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, leads the industry with its AI-powered GM-X systems that offer a distinct competitive advantage – and profit potential – to its growing B2B client base. According to a recent report, online gambling continues its growth trajectory and is expected to reach $115.13 billion by 2026 at a CAGR of 9.2%. Analysts credit the end of COVID-19 restrictions, resumed business operations, and adaptation to a “new normal” as primary factors driving expansion. In addition, technological innovations such as blockchain, Internet of Things (“IoT”), Virtual Reality (“VR”), and Artificial Intelligence (“AI”) are driving industry growth, attracting more users, and boosting profits for gaming providers. Golden Matrix’s iGaming solutions provide a significant technological and marketing advantage to B2B partners by collecting customer data, including playing style, time spent in the casino, and gaming preferences. According to GMGI CEO Brian Goodman, these tools boost partner profitability, enhance the user’s gaming experience, and increase customer retention. “All of these items or pieces of marketing that we provide in our system are critical to survival,” Goodman revealed in a recent interview (https://ibn.fm/hrxV4). GMGI’s highly modular, configurable, turnkey, and white label gaming platforms are compatible with all major browsers, operating systems, and devices. The company offers three GM-X solutions, including GM-X Turnkey, GM-X White Label, and GM-X Direct Integration. GM-X Turnkey enables partners to operate and maintain an online gaming website with a complete software package that includes thousands of games from leading content providers. Operators starting an online gaming platform from scratch can opt for the company’s GM-X White Label solution that includes licensing, accounting, management, support, and gaming content. Clients requiring an integration layer choose the company’s GM-X Direct Integration solution to access GMGI’s gaming portfolio on top of the GM-X aggregation system. Golden Matrix continues to grow despite inflation and fears of an upcoming economic downturn. The company recently posted Q2-2022 results that included a 221% increase in revenue over the comparable year-ago quarter amid 15 consecutive quarters of profitability (https://ibn.fm/wDkXU). “We are pleased with the financial results of our second quarter as a company with both B2B and B2C verticals,” said Goodman. “We enter the remainder of this fiscal year with two robust operating divisions and a strong balance sheet. As stated previously, we continue to evaluate new opportunities in both the B2B and B2C spaces that will further accelerate GMGI’s overall revenue growth and – in accordance with our acquisition strategy – are always accretive to earnings.” Golden Matrix Group is the leading provider of turnkey and white label gaming platforms, Esports technology, and gaming content. The company pioneers highly modular, configurable, and scalable AI-powered gaming platforms that work on all major operating systems and devices, offering partners a distinct competitive advantage in the iGaming industry. For more information, visit the company’s website at www.GoldenMatrix.com. NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

Friendable Inc. (FDBL) Future Growth Initiatives to Include VIP Backstage Performances, Metaverse Land, and More

  • Friendable continues to show positive growth with key metrics reporting for press, social media, and overall engagement
  • Estimated media value of all initiatives over the last nine months amounted to $1.1 million
  • The outcome of the metrics has provided the credibility needed for the company to take the next step in their artist offering by providing VIP backstage performances, Metaverse Land opportunities and other features
Friendable (OTC: FDBL), a mobile technology and marketing company, has monitored the initial trends of its brand messaging, awareness, and social media campaigns for the last nine months and is pleased to announce the results as the company begins preparing new initiatives based on its continued growth and marketing opportunities. The results of Friendable’s efforts have provided a strong foundational element of credibility that is only fostered through time, positive reviews, and the success stories of its artists, which the company continues to receive. “Our team’s focus and determination to turn out the best possible products, services, and independent music artist solutions in general, is truly inspiring, taking creativity and initiatives for these next phases of growth to a new level,” Friendable CEO Robert A. Rositano Jr. said (https://ibn.fm/W8OZz). “This said, our focus continues to be on our artists, which means everything from music distribution services to merch creation, sales, live events, and even our collaboration services are being constantly upgraded and refined.” Spanning September 2021 through May 2022, the reported key metrics are provided from media partner reporting data and include press campaign metrics, press placements, and the following social media recaps for Fan Pass Live and Artist Republik: Social Media Recap – Fan Pass Live
  • Comprehensive Follower Growth +1,794
  • Total Engagements +77,802
  • Total Posts Published +668
  • Total Impressions +3.9 million
Social Media Recap – Artist Republik (from 01-05-2022)
  • Comprehensive Follower Growth +30
  • Total Engagements +16,175
  • Total Posts Published +184
  • Total Impressions +416.5k
Additional key metrics to take note of for Friendable’s 360-degree platform offering for independent artists include:
  • $1.1 million estimated media value of all results
  • 93.9k total social engagements
  • 116.8 million impressions
  • 852 posts published
  • 1,824 new followers
The above metrics set a solid foundation as the company moves forward with the next phase of expansion, exposure, and service offerings. Friendable is diligently moving toward additional offerings, including VIP backstage streaming, Metaverse Land, and more. Rositano Jr. further explained that with all that the company has accomplished thus far, it is still only beginning, and will soon start providing new services for live and behind-the-scenes content. “These experiences will become an additional offering for artists and their fans, all made possible by the Fan Pass Live team. Additionally, Metaverse real estate must be acquired to extend and launch artist careers right from Metaverse performance arenas and locations, of which we also plan to acquire, build, and operate with strong partners in the space,” Rositano Jr. added. Friendable’s flagship offering Fan Pass Live artist platform was released in July 2020, providing a virtual stage for independent artists to continue doing what they love minus big label control and restraints placed on the industry due to the global pandemic. At the start of 2022, the company announced the acquisition of Artist Republik and FeaturedX, bringing the platform 360 – offering artists the opportunity to create, produce, distribute, and market their sound. The company continues to build its offering for artists, creating the ultimate “anti-label” platform and returning more revenue to the artist. For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.com. NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL

Lexaria Bioscience Corp. (NASDAQ: LEXX) Grants Licenses to Three Companies for the Month of June; Looks to Follow Through with its Scheduled 2022 Clinical Studies

  • Lexaria sold Premier Wellness Science Co. exclusive rights to use its patented DehyraTECH(TM) in Japan in a variety of CBD products
  • Valcon Medical A/S also signed an agreement with Lexaria to use its platform for medical cannabis applications in Europe
  • AnodGen Bioceuticals received a pharmaceutical license to use the platform for manufacturing and distributing CBD API powders in Europe, Australia, and New Zealand
Lexaria Bioscience (NASDAQ: LEXX) kicked off the month by announcing an exclusive license to Premier Wellness Science Co. for the use of its patented DehydraTECH(TM) technology in Japan in a variety of CBD products. Announced on June 3, this license would cover oral or non-liquid products and can be used in topical, hair-care, lip-care, and cosmetics segments. Premier is a wholesale and retail marketer of cosmetics and health foods in Japan. It also provides information and consulting services to entities in the anti-aging, beauty, and health industries. In addition, Premier also offers market research, data collection, and analysis for its clients. The arrangement with Lexaria includes minimum payments of $4.5 million to be paid over the first five years of the deal to maintain exclusivity, with the first payments being made beginning September 1, 2022. On June 2, 2022, Lexaria announced having signed an agreement granting Valcon Medical A/S rights to use the DehydraTECH platform for medical cannabis applications in Europe. The products subject to this license were classified as non-registered medical products and authorized through country-level programs or EU Commission-registered cannabis products. Valcon plans to use this platform in bulk powders, solid oral dosage forms, powder-filled capsules, compressed tablets, pills, oral melts, and topical creams and lotions. This non-exclusive license will attract milestone fees from Valcon upon completing batch validation and marketing authorization application approvals. Valcon is a European CMO that is good manufacturing practice (“GMP”) certified. It is licensed in Denmark to manufacture medical cannabis and works with partners to provide contract processing and bulk extract services. On June 8, 2021, Lexaria announced having granted a pharmaceutical license for using its DehydraTECH platform to AnodGen Bioceuticals. AnodGen, a contract manufacturing organization (“CMO”), manufactures and distributes active pharmaceutical ingredients for the pharmaceutical industry by focusing on plant-based medicine. With Lexaria’s license, AnodGen will manufacture and distribute cannabidiol (“CBD”) active pharmaceutical ingredient (“API”) powders in Europe, Australia, and New Zealand. The license covers both pharmaceutical and medical product applications for psychoactive cannabinoids and medical applications for non-psychoactive cannabinoids. In addition, it can also be extended to third-party companies to use in their products. Lexaria is confident that with these newly awarded licenses and ongoing research in hypertension and nicotine, it is preparing for increased global utilization of its technology and for increased cashflows in its journey towards profitability. In an interview with Unboxing Biotech (https://ibn.fm/EOkaJ) Chris Bunka, Lexaria’s CEO, shared his optimism for the company. In addition, he highlighted the company’s progress and the strides it would make as time progresses. More specifically, he acknowledged the advancement made so far regarding DehydraTECH and potential hypertension treatment, along with the company tapping into the nicotine replacement therapy (“NRT”) market. Lexaria held its 2022 annual meeting on May 31, 2022. One of the key agendas in the meeting was the appointment of directors and an auditor for the current and future financial years. In the meeting represented by approximately half of all shareholders shares, all the nominated directors and auditor Davidson & Company LLP were approved. This would set the stage for Lexaria’s material partnerships that would define the month of June, as described in a recent Zacks report and interview covering Lexaria (https://ibn.fm/5UolH). Going forward, Lexaria looks to follow through with its clinical studies, advance its research and forge even more partnerships with other key players in the CBD space. In addition, the company looks to leverage its unique value proposition to grow its revenue and create value for its shareholders. 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

Meta Materials Inc. (NASDAQ: MMAT) (FSE: MMAT) Strengthens Portfolio of Battery Materials with Strategic Acquisition of Optodot Corporation

  • Meta Materials, an inventor, designer, developer, and manufacturer of sustainable, highly functional materials, recently entered into a definitive agreement to acquire substantially all the assets and intellectual property of Optodot Corporation
  • The acquisition will expand Meta’s proprietary portfolio of battery materials with Optodot’s NPORE(R) separators that enhance thermal stability – and therefore battery safety – and electrochemical performance
  • Lithium-ion batteries power all-electric vehicles but are linked to many problems, including but not limited to overheating and flammability, short life spans, and underperformance, and Optodot’s technology addresses these problems
Meta Materials (NASDAQ: MMAT) (FSE: MMAT), a global company that invents, designs, develops, and manufactures sustainable, highly functional materials that enable leading brands to deliver breakthrough products to their customers in consumer electronics, automotive, clean energy, aerospace, health and wellness, and 5G communications, recently expanded its capacity for innovation and product development even further with a strategic acquisition that targets the global lithium-ion battery separators market projected to reach $9.0 billion in 2025, which is up from $5.1 billion in 2021. Captured in a definitive agreement between itself and Optodot Corporation (“Optodot”), the acquisition will see Meta Materials purchase substantially all of the assets and intellectual property, including 67 issued and 22 pending patents. Under the terms of the agreement, Meta Materials will pay a total consideration of $48.5 million, comprising $3.5 million in cash and $45 million of MMAT shares of common stock. The transaction, which strengthens Meta’s portfolio of proprietary battery materials, is expected to close in June, subject to regulatory approvals and customary closing conditions. Given current projections and problems linked with the use of electric vehicles (“EV”), the acquisition could not have come at a better time. Consultants Ernst & Young, for instance, predict that electric vehicle sales in Europe, China, and the U.S, the world’s largest automotive markets, will outpace other engines sooner than initially anticipated. By 2045, the projections show, non-EV sales will have declined to less than 1% of overall sales (https://ibn.fm/WlOav). But as a 2021 Forbes article notes, consumers must be wary of battery safety before thinking of buying or driving off with an EV (https://ibn.fm/HKNKc). “Lithium-ion batteries power every electric vehicle on the road. But there are problems with these batteries: overheating and flammability, short life spans and underperformance, toxicity, and logistics challenges, such as proper disposal and transportation,” reads the Forbes article. Optodot understood these problems and has been developing technologies that address them: its NPORE(R) battery separators have undergone various iterations and improvements. The first generation separators commonly used today are made by coating a plastic substrate with ceramic material on one or both sides. The second-generation separators, known as NPORE(R) ceramic separators, utilize a flexible, free-standing ceramic nanoporous membrane separator for lithium-ion batteries, which does not contain a plastic substrate. They boast less than 1% heat shrinkage for better battery safety, 5x higher thermal conductivity than plastic separators, and flame resistance. They also have high electrochemical performance with superior abuse resistance (https://ibn.fm/yQS6l). Developed with funding by the Department of Energy (“DOE”), Optodot’s third-generation NPORE(R) Electrode Coated Separator (“ECS”) technology aims to improve energy and power density, battery longevity, and safety while reducing the cost of manufacturing lithium-ion batteries and the inactive components by 20-40%. The technology incorporates new inactive components and uses a simpler, faster battery assembly process. “Optodot has developed disruptive, high-performance ceramic nanomaterials in partnership with leading battery and medical equipment OEMs. Through this strategic acquisition, METAexpands its nanomaterials library and core expertise to address key challenges in battery safety and other applications, opening multi-billion-dollar markets,” said Meta Materials President and CEO George Palikaras. Over the last two decades, Optodot has been pioneering technologies that improve the safety of batteries in partnership with leading U.S. government agencies, innovative start-ups, and leading OEMs. So far, Optodot has worked with LG Chem and is a portfolio company of LG Technology Ventures. In addition, the company has collaborated with leading battery companies and global automotive OEMs. Following the definitive agreement with Meta Materials, Optodot is optimistic about the future. “Our complementary technologies and partnerships will help accelerate market adoption in EVs and other industries. We look forward to leveraging each firm’s combined expertise and technology and the benefits of scale and visibility, which META will bring to the Optodot platform,” commented Dr. Steve Carlson, President and CEO of Optodot. Through its PLASMAfusion(TM) technology, META creates thin coated copper current collectors that result in an 80% reduction in weight and inhibit thermal runaway. And, according to the company, Optodot products can be combined and coated with the technology. As global companies such as Amazon.com, Inc. (NASDAQ: AMZN) (which has committed to adding 100,000 EVs by 2040), Unilever (LON: ULVR) (which is working to electrify its fleet by 2030) and Walmart (NASDAQ: WMT) (which intends to convert its fleet to 100% EVs 2040) embrace EVs to drive their Environmental Social Governance (“ESG”) agendas, the existence of safer EV battery technologies will be a substantial boost to these efforts. For more information, visit the company’s website at www.MetaMaterial.com.

The Vermont Cannabis Convention Is Back In Burlington To Boost Local Cannabis Trade

The 3rd Annual Cannabis Convention is being held in Burlington, Vermont on June 25-26, 2022, for the cannabis trading community in the area. Operating since 2014, NECANN events are one of the largest cannabis events that are constantly expanding. The NECANN events attract a huge number of members from the Hemp, MMJ and Cannabis industries.  The success and the ever-growing network base of the NECANN events are attributed to:
  • the organizers who dedicatedly put together the event for the benefit of the cannabis trading communities
  • the exhibitors who enrich the events with their new and innovative ideas and products
  • the attendees who make these 2-day events such a huge success
Vermont became the 11th state to regulate adult-use cannabis sales, and the second state to do it through legislation rather than a voter initiative. Beginning in the fall of 2022, the cannabis retail market in Vermont is expected to start trading. The Vermont Cannabis Convention unites thought leaders of the industry who share their expertise and insights at the conference. The event will showcase, Atlas Seed, Setronics Corp., Omuerta Genetix, and many others. The exhibitors are putting up an excellent show of unique ideas and products such that attendees at NECANN Burlington get a fresh perspective on the cannabis industry. The convention offers a wonderful platform where influential members of the local community can come forward and help the budding cannabis community thrive. This will give the local cannabis trade a boost and traders will get a huge arena for exposure. Capital investors and eminent businesses looking for investing avenues can visit the conference. Many young entrepreneurs trying to carve a niche in this trade are waiting to get discovered! Some important topics to be discussed at the convention:
  • Fundamentals of starting a cannabis business in Vermont
  • The state of medical cannabis in Vermont
  • Cannabis cultivation best practices
  • Insurance for cannabis business
  • Social equity in cannabis in Vermont
  • Cannabis curriculum and education
  • Cannabis extraction, and more
Participants above the age of 21 are eligible to attend the event. Hotel and exhibitor reservations are available for interested cannabis traders. To learn more, please visit https://necann.com/vermont/.

SPYR Inc.’s (SPYR) GeoTraq Is Looking to Change the Narrative in the Location Based Services Market through the Development of Unique State-of-the Art IoT Modules

  • Technology company SPYR recently completed the acquisition of mobile IoT technology company GeoTraq, Inc.
  • GeoTraq develops state-of-the-art mobile IoT modules, specifically designed to fit the unique and unmet needs of the low-end IoT market
  • Major players have focused on developing and selling complex and expensive high-end IoT systems, with little attention paid to the larger low-end market
  • GeoTraq is targeting this underserved segment through uniquely-engineered products that are battery-compatible and easy to deploy
This year, the global location-based services (“LBS”) market is expected to reach a value of $70.16 billion, representing a CAGR of 25.5% from $55.92 billion last year. Projections further show that the market will expand by an additional 15.5% CAGR, reaching $114.9 billion by 2026 (https://ibn.fm/PV9tI). The Report Linker analysis, however, mainly highlights major players, including but not limited to Apple Inc. (NASDAQ: AAPL), Cisco Systems, Inc. (NASDAQ: CSCO), Intel Corporation (NASDAQ: INTC), Microsoft Corporation (NASDAQ: MSFT), saying little of the role smaller players will play. But GeoTraq, Inc., a mobile Internet of Things (“IoT”) technology company, and now a second subsidiary of SPYR (OTCQB: SPYR), is looking to change this narrative, having identified a large and untapped opportunity. Guided by the vision to create a simple, smart, and connected world, GeoTraq designs and develops self-contained, fully integrated, mobile IoT modules targeting a less crowded but fundamental niche that the major players largely ignore as they target the complex and costlier needs of higher-end segments of the LBS market. Buoyed by unmatched financial muscle, tech behemoths often focus on the same type of high-end products and target markets, involving elaborate software, hardware, and platforms, all involving expensive engineering support due to a heightened level of complexity. These solutions are designed around a lot of bandwidth and traffic, with myriad sensors, 4G/5G modules, and a larger size. The various high-tech components of such systems require plenty of power and are, therefore, mostly used in stationary applications such as high-speed large-scale operations that involve continuous high-volume tracking and communication. However, for things like mobile applications and lower-volume requirements, these power-hungry high-tech solutions represent a problem due to their unavoidable drain on any type of battery support. Having established that there is a big market for compact and low-power battery compatible LBS solutions, GeoTraq began developing mobile IoT modules packaged in a form factor so small that it fits almost anywhere, tapping into any available outside battery source or its own internal battery. In fact, according to GeoTraq’s website (https://ibn.fm/bGNTU), stand-alone modules are equipped with a 10+ year supply of battery life attributable to the implementation of a deep sleep state that ensures the product is in the rest mode 99% of the time, only activating to periodically monitor and send crucial location-based data as needed. GeoTraq’s state-of-the-art engineering means modules that are plug-and-play and are capable of deployment in less than five minutes. In contrast, according to GeoTraq, the average high-end IoT deployment can take close to a year, requiring a handful of vendors as well as multiple complex components. GeoTraq’s plug-and-play attribute, coupled with their small form factor, makes the modules ideal for integrating into a variety of objects that a company may want to track, such as electric drills, mobile toilets, guns, and shipping containers, just to mention a few, adding easy and cost-effective intelligent asset tracking and remote monitoring capabilities. “GeoTraq addresses the large LBS market segment that is currently underserved with existing solutions due to high deployment costs (hardware, service, logistics), limited battery life, and large form factor. We believe there is a large, underserved portion of the LBS market that is not addressed by existing solutions. RFID and Wi-Fi require proximity for asset tracking, while GPS is too bulky and uses too much power for many needs. GeoTraq addresses the white space in-between by designing wireless transceiver modules with technology that provides LBS directly from global mobile IoT networks,” commented GeoTraq Project Engineer Chris Chammas in a recent news release announcing the outcome of a patent application (https://ibn.fm/83p4f). GeoTraq has already identified two existing markets for its unique low-power mobile IoT modules: the retrofit market and the disposable market. The former involves use cases involving tracking of battery-powered equipment that has space to fit the module and an antenna. The latter encompasses applications that do not have a battery, allowing the module to use its own small disposable battery. In addition to the hardware, GeoTraq also develops WebTraq, a backend platform that lets users activate and manage GeoTraq-enabled devices. WebTraq also boasts API integration with other IoT platforms or legacy systems, ensuring convenience, versatility, and seamless reporting (https://ibn.fm/npI0R). GeoTraq is actively involved in protecting its valuable intellectual property. In a recent announcement, SPYR reported that its subsidiary had been granted a patent (Patent No. 10,182,402) that covers various aspects of the operation of the GeoTraq mobile IoT wireless modules. 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

Sugarmade Inc. (SGMD) Shareholder Letter Outlines Short-Term, Long-Term Plans for Growth, Strong Margins

  • CEO notes that company will be well-positioned moving forward, “especially as our large Lemon Glow property comes online.”
  • Short term, Sugarmade is embarking on a bold, new strategy to enter into contract arrangements with local Lake County, California, cultivators.
  • SGMD is already in negotiations with local permitted and licensed operators that are agreeable to partnership arrangements for cannabis cultivation.
The evolving California cannabis market is creating promising long-term and short-term opportunities for Sugarmade (OTC: SGMD) — and its shareholders. That is the message in a shareholder letter from CEO Jimmy Chan that was sent to all SGMD shareholders (https://ibn.fm/mQzfS). “While there is undoubtedly short-term turbulence in the market, we believe the long-term outlook of the cannabis industry is very bright, especially for California producers and distributors,” Chan stated in the letter. “Historically, California-grown cannabis has always been highly desirable in the marketplace. Sugarmade believes this will continue as legalization at the U.S. federal level creates substantial opportunities to supply other states with top-grade California-grown cannabis. Thus, we expect our company will continue to be well-positioned moving forward, especially as our large Lemon Glow property comes online.” Sugarmade closed on the acquisition of Lemon Glow Company Inc. and all of its assets, interests, property, and rights last year (https://ibn.fm/XKJHb). The acquisition included 640 acres of property, of which 32 acres have already been designated for outdoor cannabis cultivation. At full scale production, the company estimates the annual potential cultivation yield of the property to be some 4,000 pounds of dry trimmed cannabis flower per acre per year, which represents approximately 128,000 pounds, or 64 tons, of dry trimmed cannabis flower per year in total. Short term, the letter outlines several strategic opportunities that the company intends to pursue. Noting several significant changes in the marketplace, including an uncertain regulatory environment, high taxes, and drop in prices for cultivated cannabis products, Chan observed that numerous cannabis cultivation license holders, including unlicensed growers, have been forced to forgo plans to directly cultivate cannabis this year. Calling this an “opportunity to invoke a new short-term strategy while our long-term plans to cultivate at our new Lemon Glow facility are developing,” Chan explained that for the 2022 cannabis cultivation season, Sugarmade is “embarking on a new and bold strategy to enter into contract cultivation arrangements with local Lake County, California, cultivators that have decided not to engage in their own cultivation efforts for the 2022 season. “These operators have already made significant investments in infrastructure and have highly specialized personnel available that we can utilize on a contract basis for our production of cannabis,” the letter stated. “By contracting with the owners of these already available resources, Sugarmade will gain immediate access to the marketplace based on an advantageous cost model that will place Sugarmade on par, or in some cases, at a superior cost position compared to many of the larger cannabis cultivation and distribution companies in the industry.” Chan reported that the company is already in negotiations with several local permitted and licensed operators that are agreeable to a partnership arrangement with Sugarmade to manage operations for cannabis cultivation. “We are also in active negotiations on the distribution side of the business that will allow Sugarmade to bring this cultivated cannabis to the marketplace,” he continued. “Invoking this dynamic short-term strategy, while continuing to develop our longer-term strategy to fully develop the large Lemon Glow property for cultivation, will allow Sugarmade to significantly advance the timeframe for gaining market share in this industry, and we believe we will be able to do so based on a cost model that will allow us to produce strong margins this cultivation season.” 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

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Voice Analytics and AI to Transform Drug and Alcohol Testing Disseminated on behalf of MindBio Therapeutics Corp. (CSE: MBIO) (OTCQB: MBQIF)and may include paid advertising. The market for workplace drug and alcohol detection is expanding as employers face increasing pressure to improve safety while reducing the cost and friction of traditional testing methods. This creates […]

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