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FingerMotion Inc. (NASDAQ: FNGR) Ushers in New Year with Energetic Approach to Building Awareness of RCS, Big Data Services Potential in China

  • Rich communication services (“RCS”) and big data analysis solutions provider FingerMotion is a U.S.-based company focused on providing products and services to China’s 1.4 billion mobile users
  • FingerMotion’s SMS and MMS services account for the bulk of its revenues, but the company is in a growth phase that it expects to see the big data analysis solutions of its Sapientus division outstrip the revenues of the mobile services in coming months
  • The company has begun implementing additional measures to expand awareness of its operations and growth potential among investors, including an uplisting of its common stock that allowed FingerMotion to begin the year on the Nasdaq Capital Market
  • FingerMotion also recently announced that Skyline Corporate Communications Group has been retained to manage investor relations and communications within the financial community
The Chinese New Year is still a month away, but in the United States the new year has already begun with China-centric mobile data specialist company FingerMotion (NASDAQ: FNGR) kicking off its aspirations for a prosperous new trip around the sun with the announcement that its common shares have been upgraded to a listing on the Nasdaq Capital Market in hopes of expanding the company’s reach to investors. FingerMotion’s development of short and multimedia messaging (SMS and MMS) services for Chinese consumers have built the company’s revenues to solid levels with quarterly growth surging 142 percent year-over-year in its Telecommunications Products and Services business sector as of FingerMotion’s most recent financial report in October (https://ibn.fm/zKoBo). CEO Martin Shen anticipates revenues from the company’s big data-analyzing Sapientus division to eventually outpace the SMS and MMS services, particularly as the company continues to build client agreements with insurers who need insurers risk assessment scoring and a simplified policy underwriting process. FingerMotion’s insurtech services are expected to generate new revenue channels in several of China’s provinces and help the company transition toward profitability as the services begin to be activated in the new year, and the Nasdaq listing provides hopefulness for new investment revenues as well. “FingerMotion is very proud and excited to be joining the Nasdaq stock market as one of their newly listed technology companies. Listing on Nasdaq provides us greater exposure within the investment community as we execute on our ambitious growth strategies and key upcoming milestones, including expansion into new verticals and markets worldwide,” Shen stated (https://ibn.fm/G6G4H). “We believe that listing on a senior stock exchange will create more value for our shareholders, allow us to expand our investor base, and provide the opportunity to gain greater visibility for our fast-growing company within the U.S. financial community.” The company also announced that it has retained Skyline Corporate Communications Group, LLC to manage its investor relations and communications within the financial community as it works toward new corporate milestones this year. “We believe that Skyline’s strong reputation, communications strategies, methodologies, and standards are an excellent pairing for us as we enter into a growth phase for the company, and we want to have a skilled partner working closely with us when communicating our message to the investing public,” Shen stated (https://ibn.fm/UXuv7). China boasts a 1.4 billion-person mobile products and services user base that often has multiple smartphone devices per person as a manifestation of its transformative tech-hungry society. And the still-developing state of the nation’s insurance industry, coupled with governmental policies that require citizens to carry social insurance that covers basic insurance policies for pensions, medical care, on-the-job injuries, unemployment, and maternity care, among other things (https://ibn.fm/0Ifgc). 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

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF), 2021 Year in Review

  • PlantX kicked off 2021 with the commencement of trading on the OTCQB(R) Venture Market in the United States
  • Later, the company would make key acquisitions, including Score Enterprises Ltd., Little West LLC, MKC’s Plant-Based Deli, LLC, Liv Marketplace LLC, Eh Coffee, Portfolio Coffee, and Peter Rubi, LLC.
  • PlantX also made some critical appointments throughout the year, with the main ones including Lorne Rapkin’s appointment as CEO, Fred Leigh as the Executive Chairman
PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) had an impressive year 2021, achieving significant milestones that not only helped to grow the brand but also create value for its shareholders. The year was defined by strategic acquisitions, partnerships with key players in the retail space, and expansion into new markets in an aggressive market expansion plan. Kicking off the year, PlantX commenced trading on the OTCQB(R) Venture Market in the United States, even as it continued to advance its plans to open its first brick-and-mortar locations in Squamish California and San Diego (https://ibn.fm/oYLNc). Over the course of the year, the company also applied to list its common shares on the Nasdaq Capital Market, and it remains optimistic that the application will go through. In addition, PlantX applied for up-listing to the Toronto Stock Exchange in October, subject to the approval of the TSX following the original listing requirements (https://ibn.fm/BXeBM). 2021 also marked the year when PlantX made some significant acquisitions that allowed it to further stamp its position as the digital face of the plant-based community. In January, the company completed the acquisition of Score Enterprises Ltd., a privately-held company that operates the Squamish-based Locavore Bar and Grill. PlantX would later redesign the restaurant location into XMarket Squamish, its Canadian flagship brick and mortar shop. Other notable acquisitions throughout the year included U.S.-based Little West LLC, MKC’s Plant-Based Deli, LLC, Liv Marketplace LLC, Eh Coffee, Portfolio Coffee, and Peter Rubi, LLC. PlantX made notable appointments over the 2021 calendar year, including Chef Matthew Kenney as the company’s Chief Culinary Officer, Justin Fields and Venus Williams as the company’s ambassadors, Lorne Rapkin as the new Chief Executive Officer (“CEO”), and Fred Leigh as its Executive Chairman (https://ibn.fm/bWFI1). At the beginning of the year, PlantX set out to expand into new strategic markets globally, coupled with the diversification of its product line. In February, it marked its entry into the German market with its popular plant subscription platform, Bloomboxclub Limited. Later, the company would expand its e-commerce capabilities for the North American market by introducing new subscription services and partnerships with key retailers such as Walmart and Amazon. By the close of the year, PlantX had released its financial results for the three months ended September 20, 2021 (“Q2 2021”). The company posted a significant year-over-year increase in gross revenue and profits, mainly attributed to its e-commerce enhancement initiatives, the implementation of new technology, and its aggressive product diversification campaign (https://ibn.fm/nnQcZ). Going into 2022, PlantX is confident that the foundation laid down over the past year will yield great results that will be integral to its growth. So far, it has announced the expansion of its e-commerce platform to the United Kingdom, offering customers a similar experience as PlantX’s customers in the United States and Canada. The company looks to expand even further into other markets globally, grow its product line and increase its global market share. These will be significantly shaped by the initiatives taken over the 2021 calendar year and their learnings so far. 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

SPYR Inc. (SPYR) Set to Capitalize on Smart Home Product Sector’s Burgeoning Growth

  • The smart home sector has seen dramatic growth over the past 3 years, with 34% of households owning at least one device
  • Apple has been a dominant player in the smart home sector through its HomeKit ecosystem
  • SPYR Inc., through subsidiary Applied Magix Inc., is seeking to capitalize on the rising demand for these Apple-compatible smart home and connected car devices
  • The annual value of the smart home sector is projected to grow to $187 billion by 2025, representing a 5-year CAGR of 15.75%
Smart home products have become more popular than ever before. Sales data has revealed that more time spent at home during the COVID-19 pandemic has led to an increased demand for tech goods — a trend that has resulted in the rapid digitization of private households, especially over the past two years. SPYR (OTCQB: SPYR), dba SPYR Technologies, intends to capitalize on this burgeoning trend through its Applied Magix subsidiary. This tech company plans to develop and resell Apple-compatible products with an emphasis on the growing, multibillion-dollar Internet of Things (“IoT”) Smart Home and Connected Car markets. While still in its infancy, the smart home technology market has been growing at breakneck speed. According to research by Parks Associates (https://ibn.fm/cnidd), 34 percent of broadband users today own a smart home device, a significant increase from the 24 percent only three years ago. Additionally, the average number of devices owned per household rose in 2020 from 6.8 to 7.4. Perhaps most significantly, the survey also showed that upwards of 86 percent of smart home device owners wanted unified control of all their smart home products via a single app, a trend that has contributed to the growth of Apple’s home product ecosystem, known as HomeKit. Apple officially launched HomeKit on Sept. 17, 2014 with the goal of providing third-party apps with the ability to interface with HomeKit devices using its proprietary Siri voice assistant, while allowing remote access through home hubs. The company has since released a series of products such as the Apple TV set-top box, the HomePod smart speaker, and the HomePod mini in recent years. However, the key functionality of the Apple product ecosystem remains within the Home App’s compatibility with third-party accessories — a broad array of products which range from air conditioners and cameras to lights, locks, speakers and smart televisions (https://ibn.fm/T11yc). In 2020, SPYR acquired Applied Magix Inc., a registered Apple developer and reseller of Apple-ecosystem-compatible products, to enter the global IoT (Internet of Things) market, initially through the development, manufacture and sale of devices and accessories specifically built on Apple’s HomeKit framework. Apple’s consumer base has historically shown a propensity to pay a premium for quality products, spending twice as much, on average, on technology relative to other smartphone users. By focusing on creating smart hardware and software solutions exclusively for Apple consumers, SPYR’s Applied Magix subsidiary is addressing a key problem faced by the Apple consumer market — having a relatively limited selection of smart devices that integrate with Apple’s HomeKit, despite the target market’s relative affluence and desire to purchase Apple-branded products. Applied Magix has concentrated its initial foray into the Apple HomeKit and CarPlay connected car ecosystems on five key consumer products — the MagixDrive Wireless CarPlay adapter; the HomeKit Secure Video Camera with iCloud Storage; the Multipurpose Sensor with Alarm; the Environment and Motion Sensor; and the Window and Door Contact Sensor. With Apple set to be a dominant player within the sector alongside former rivals Google and Amazon, and the global smart home market expected to grow to an annual size of $187 billion by 2025, representing a 5-year CAGR of 15.75 percent, SPYR Inc. looks well-positioned to capitalize on the exponential growth rate of a consumer market still in its relative infancy. For more information, visit the company’s website at www.Spyr.com. SPYR: IBN (InvestorBrandNetwork) will receive $29,000 per quarter for 365 additional days & $15,000 for additional advertising from SPYR for IBN Core Solutions, Brand Awareness Distribution (BAD), Corporate Communications, News & Editorial Syndication, Press Release Enhancement and Social Media Solutions provided by IBN (InvestorBrandNetwork) and family of 50+ brands, please read entire IBN Disclaimer for FULL Compensation Disclosures. NOTE TO INVESTORS: The latest news and updates relating to SPYR are available in the company’s newsroom at https://ibn.fm/SPYR

FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Primary Mission and Values

  • FuelPositive’s green ammonia addresses multiple environmental concerns
  • The company evaluates the impact of every aspect of its technology, not just the outcome of a carbon-free product, with its operations guided by accountability and commitment.
  • FuelPositive is confident that its technology will make a major environmental impact on a global scale
Within the past few decades, environmental preservation has proven to be one of the critical challenges in international relations. The action plans and rich body of treaties have a long way to go in reversing the global environmental decline. Today every major ecological indicator shows that things are worse than they were at the time of the 1992 United Nations Conference on Environment and Development (“UNCED” or the “Earth Summit”) (https://ibn.fm/aEuxi). One company, FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), is convinced that it has a clear way of making a major environmental impact. It sees its unique technology as the best path of providing commercially viable and sustainable clean energy solutions across a broad spectrum of industries and applications. When speaking at The Tactical Leader podcast, hosted by Zack A. Knight, Ian Clifford, the Board Chair and Chief Executive Officer, offered some insights into the company, along with snippets of his life story. Most notably, he noted how the company is very forward with its mission and earnest about its values. “There’s something about preservation and the importance of taking care of the planet that was a very early influence for me. This is why we look seriously at the impact of every step of our technology, not just the outcome of the product being carbon-free or non-polluting,” noted Mr. Clifford (https://ibn.fm/KHSaU). Traditional (grey) ammonia manufacturing is one of the key contributors to CO2 emissions. It is estimated that 200 million metric tons of grey ammonia are consumed every year, with over 80% used in the agricultural sector. Unfortunately, this high demand for the product comes at the cost of increased CO2 emissions into the atmosphere. With FuelPositive’s flagship green ammonia technology, the company now offers an innovative solution that directly remedies these environmental concerns. Through its technology, FuelPositive can produce green ammonia in an entirely sustainable manner using water, air, and sustainable electricity, eliminating its carbon footprint and offering a viable solution for environmental preservation. Ammonia Is The Perfect Carrier Of Hydrogen Its proprietary system stores hydrogen in the form of green ammonia, allowing the hydrogen to be efficiently used for:
  • Energy Storage
  • Long-Distance Transportation Of Energy
  • Fuel For Internal Combustion Engine Vehicles
  • Other Applications
An end user can convert the green ammonia back to its hydrogen element to be used to produce electricity in a hydrogen fuel cell. In addition, carbon-free green ammonia can be used on its own as a fuel, without converting it back to hydrogen. Planes, trains, ships, trucks, and other vehicles, can be converted to run on ammonia, just as easily as they can be converted from gasoline and diesel to run on propane. Mr. Clifford acknowledges that FuelPositive is currently small, but emphasizes that its aspirations and potential are enormous, evidenced by plans to launch its pilot green ammonia production system by the middle of 2022. “We’ve built this phenomenal team of people as a result of that [commitment to the values of kindness, accountability, inclusion, innovation, resourcefulness and honesty]. We’re very forward with our mission and our values….We’re really serious about that,” noted Mr. Clifford. FuelPositive is confident that its technology and green ammonia offering will make an environmental impact on a global scale. This shows a company that is not afraid of taking risks, pushes the envelope with innovation, and is bold with its mission and values. “Every company, every person needs to really think seriously about that [the impact of their operations on the environment], and understand that we all have a profound impact, and it doesn’t take a lot of adjustment, necessarily to change that impact…We’re passionate about that,” noted Mr. Clifford. For more information, visit the company’s website at www.FuelPositive.com. NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF

Q3 Report Notes Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Revenue Growth of 93 percent YOY

  • Red White & Bloom Brands is a cannabis multi-state operator building on opportunities in Michigan, Florida, Illinois, California, Arizona, Oklahoma and Massachusetts to create a synergistic portfolio throughout North America
  • RWB is also building its hemp-based CBD products retail throughout the United States and into international markets
  • The company has released its third quarter financial report on revenue growth, operational development and progress in finalizing additional agreements
  • The report notes revenues grew from $6.1 million to $11.8 million year-over-year, largely as the result of its acquisition of its premium Platinum Vape
  • The company anticipated having 30 grow pods in place at its newly acquired manufacturing facility in Florida by Dec. 1, with expected revenue generation of $50.8 million during the facility’s first full year
Cannabis brand builder Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multi-state operator aiming to become one of the top three in the United States’ cannabis industry, is riding the popularity of its trademarked Platinum Vape to remarkable revenue growth, recording a 93 percent increase year-over-year in its just-released third quarter financial report. The financial results note that the majority of the company’s revenue comes from sales of cannabis finished products through third party wholesaling to retailers, delivering quarterly revenues of $11.8 million and EBITDA of $5.9 million that reverses an EBITDA loss of $5.8 million in Q3 2020 for a gain of $11.9 million. “In the third quarter, we made excellent progress in laying additional building blocks in our core operating states of Florida, Michigan, and California to become more vertically integrated where it will be most profitable,” Red White & Bloom Chairman and CEO Brad Rogers stated in announcing the results (https://ibn.fm/7ZIwi). “This will help drive increased revenue and margins for the company.” Platinum Vape was named the No. 1 brand for vape cartridges in Michigan by analysts at The Arcview Group & Headset in conjunction with Greentank vape manufacturing, according to the report. In California, Red White & Bloom transitioned management oversight of Platinum Vape brand to its own team after acquiring the brand during the third quarter, while in Michigan where the company uses a third-party manufacturer for Platinum Vape sales RWB took over operational control. RWB hosted a conference call about the earnings report with investors on Nov. 30. A recording of the call was placed on RWB’s Investor Relations website at https://ibn.fm/HMISm and a replay of the call is also available for 90 days by dialing 877-660-6853 or 201-612-7415 then entering access ID:13725118. The company is mostly focused on cannabis industry development within the largest U.S. markets for it, namely Florida, Michigan, Illinois, Massachusetts, Arizona and California. For its hemp-based CBD products, RWB expects the scope of its operations to take in foreign markets as well as the United States. In Florida, RWB has been transitioning 30 grow pods to its recently acquired 45,000-square-foot greenhouse in Orange County, with expectations that the grow pods would be fully planted by Dec. 1 and capable of producing $50.8 million in revenue during its first full year. “We will update shareholders on our progress shortly and are eager to share how our work in Florida and other areas is coming to fruition in Q1 2022 quarterly results,” Rogers stated. Among other developments shared in the third quarter report, RWB noted that it anticipates leveraging cost sharing and other economies of scale to further improve its profit margin once it closes the pending acquisition of a Michigan investee, which will allow the company to be vertically integrated. “RWB is being very strategic in pursuing vertical integration only when there is value to be added. We aim to be asset light and brand rich,” CFO Chris Ecken stated. “Our strategy is to support the brands in the most profitable way. We have been putting the teams in place to support this strategy in each state where we operate.” For more information, visit the company’s website at www.RedWhiteBloom.com. NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://ibn.fm/RWBYF

CannabisNewsWire Recaps NCIA’s 7th Annual Cannabis Business Summit & Expo

To great acclaim, the National Cannabis Industry Association (“NCIA”) held its 7th Annual Cannabis Business Summit & Expo at San Francisco’s Moscone Center on December 15-17, 2021. As the oldest and largest trade association representing legal cannabis businesses, NCIA gathered together more than 125 expert speakers in over 80 educational sessions, as well as hundreds of exhibitors from across the cannabis ecosystem, for the industry’s most influential B2B event and trade show. Attendees from across the country were welcomed by San Francisco Mayor, London Breed. Her opening address honored the 30th anniversary of the Proposition P ballot initiative, which was instrumental in legalizing the use of medical cannabis in San Francisco. “I’m thrilled to see the industry return to San Francisco, where the movement for medicinal cannabis use began,” stated Mayor Breed. “I’d like to thank NCIA for welcoming me to the stage and for hosting their annual Summit here in San Francisco. Their events help advance our industry in a myriad of ways across social equity, policy, and other important issues while helping connect industry leaders from across the globe.” As part of its speaker line-up, NCIA’s 7th Annual Cannabis Business Summit & Expo presented two high-profile keynote sessions focusing on the future of cannabis and essential issues. The first session featured Troy Datcher, CEO of The Parent Company. In conversation with Adrian Farquharson, founder of MARY Magazine, Datcher shared his personal stories while enlightening attendees on his work to make an impact within the sector. The second keynote showcased a round-table discussion with entrepreneur Jim McAlpine moderating elite athletes Calvin Johnson Jr., Rachael Rapinoe, Anna Symonds, and Marvin Washington. As former members of the NFL, NCAA, European Professional Soccer League, and Women’s Premier League Rugby, the group provided insights into the headline-making question, “What is the role of cannabis in professional sports?” This year’s event also marked the debut of BLOOM: A Cannabis Brands Experience, showcasing a uniquely immersive sensory exploration. For the first time at Cannabis Business Summit & Expo, attendees were able to see, touch, and smell products from a national selection of cannabis brands specializing in flower, pre-roll, oil, edibles, and more. BLOOM allowed licensed retailers and infused product manufacturers to discover some of the most exciting cannabis brands currently on the rise. Looking back on this highly-anticipated, successful event, Aaron Smith, Co-Founder, and CEO of NCIA, provided the following comments: “In a word: amazing. I am truly amazed at the show of support from cannabis leaders from across the country over the last three days,” said Smith. “Attendance exceeded expectations, and never have we hosted such an esteemed group of speakers and exhibitors on the leading edge of this booming sector.” For more information on NCIA and upcoming events, visit the following website: https://cannabisbusinesssummit.com.

Nowigence Inc. (NOWG) Proprietary Platform — Pluaris — Poised for Growth in AI-Focused New Year

  • Global crisis accelerated adoption of analytics and AI; momentum will continue into the 2020s.
  • An estimated 86% of survey respondents say that AI is becoming a “mainstream technology.”
  • Pluaris generates an annotated data feed based on specified topics of interest.
Accelerated by the global pandemic, the adoption of artificial intelligence (“AI”) is gaining steam, with 2022 projected to be a year when AI becomes a “mainstream technology” (https://ibn.fm/ulgS4). Nowigence Inc. (NOWG), a fast-growing SaaS (Software-as-a-Service) company that has developed an innovative, ready-to-use artificial intelligence (“AI”) platform called Pluaris(TM), is establishing a stronghold in the burgeoning AI space. “When it comes to digital transformation, the Covid crisis has provided important lessons for business leaders,” reported a recent Harvard Business Review article. “Among the most compelling lessons is the potential data analytics and artificial intelligence brings to the table. “The crisis accelerated the adoption of analytics and AI, and this momentum will continue into the 2020s, surveys show,” the article continued. “Fifty-two percent of companies accelerated their AI adoption plans because of the Covid crisis, a study by PwC finds. Just about all, 86%, say that AI is becoming a ‘mainstream technology’ at their company in 2021. . . . Will companies be able to keep up this heightened pace of digital and data-driven innovation as the world emerges from Covid? In the wake of the crisis, close to three-quarters of business leaders (72%) feel positive about the role that AI will play in the future, a survey by the AI Journal finds. Most executives (74%) not only anticipate AI will deliver more efficient make business processes but also help to create new business models (55%) and enable the creation of new products and services (54%).” Nowigence’s Pluaris is a cloud-based app created for just this time and place, enabling users to read more in less time. The innovative platform allows individuals, teams and enterprises to quickly evaluate and analyze knowledge from massive amounts of public and private textual data (https://ibn.fm/k5rLl). A personal knowledge management tool, Pluaris generates an annotated data feed based on specified topics of interest and then automatically creates a permanent personal knowledge base from a user’s feed and private uploads. The app has human-like capabilities for comprehending textual data, providing concise summaries and precise answers to questions while also analyzing different data perspectives, discovering new connections, creating organized nested notes and allowing teams to work together by sharing in real time from anywhere in the world. Nowigence is focused on simplifying the challenges of learning. By integrating state-of-the-art data-processing techniques in an intuitive interface at an affordable subscription price, Pluaris puts the power of data science into the hands of consumers. For more information, visit the company’s website at www.Nowigence.com. NOTE TO INVESTORS: The latest news and updates relating to Nowigence are available in the company’s newsroom at https://ibn.fm/NOW

Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) (FSE: ONFA) Announces Completion of Target-Based Model in Its AI-Driven Drug Discovery Program

  • The AI-driven drug discovery program uses not only artificial intelligence but also machine learning, which is a relatively new concept and is continuously expanding
  • The use of artificial intelligence in the drug development space may help eliminate or reduce the manual operations that a company typically must undergo to identify and make necessary improvements to drugs
  • The new model will allow the company to rapidly screen billions of structures promoting near term patent filings for novel psychedelic molecules
  • Mydecine has already been able to eliminate unsuccessful candidates early on with the use of this technology
  • Mydecine’s primary focus is the compound psilocybin, which interacts with serotonin receptors in the human body, creating a psychedelic effect
  • The company is currently working on four lead candidates which may be useful in the treatment of PTSD, smoking cessation, and substance abuse
A biotech and digital technology company aiming to transform the treatment of mental health and addiction disorders, Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) (FSE: ONFA) announced that it has completed a target-based model of the classic psychedelic serotonin receptor 5-HT2A for use in its artificial intelligence (“AI”)-driven drug discovery program. Through this new model, the company will be able to expedite the screening of billions of structures to determine which of the novel compounds will increase binding affinity and enable the continued creation of improved second and third-generation psychedelic molecules for medicinal use. By using artificial intelligence and machine learning (“ML”), the company has positioned itself to discover drug enhancements through more cost-effective means, and in turn, more effectively than the competition. The use of AI in the drug development space is relatively new, and the efforts are continuously expanding. The technology’s goal is to eliminate, or at least drastically reduce, the manual operations companies typically undergo to identify and make the necessary improvements to these drugs. Through the AI-driven drug discovery program, Mydecine is eliminating those drug candidates that are likely to fail early on in the development process. Without the use of AI or ML, companies have hypothesized which structures are likely to bind to the receptor and then manually synthesize each molecule and test each one individually, determining the likelihood of a successful binding agent. Manual processes like this can take up enormous amounts of time and money, which is why the use of AI technology to quickly expedite the elimination process of candidates is not only valuable but promising. “AI gives us an incredibly robust tool for screening potential novel psychedelic compounds. This screening gives us increased confidence in investing in the later stages of our drug development and enables rapid development in our pipeline,” Chief Science Officer Rob Roscow said, according to a company press release (https://ibn.fm/cSJAM). The primary focus of Mydecine has been the compound psilocybin. When ingested, psilocybin’s active metabolite psilocin interacts with the body’s serotonin receptor and triggers a psychedelic experience. It has been shown to trigger neuroplasticity, which is the brain’s way of reorganizing, a key feature in psychedelic-assisted-psychotherapies. The 5-HT2A receptor model is only the tip of the iceberg for Mydecine’s planned modeling, which will help to continue enhancing the AI-driven drug discovery program. The company has also filed a recent patent application around MYCO-004, which directly addresses precision in delivery control and shelf stabilization through dermal administration. Mydecine uses molecules found in nature as the necessary building blocks to create improved second-generation drugs. The company’s portfolio of new drugs represents major improvements to existing natural and synthetic compounds, including enhancing safety, efficacy, stability, dosing, and reducing side effects. There are currently four leading drug candidates, which include enhancements such as improved controllability and delivery mechanisms, enhanced stability and safety, and longer shelf-life. Clinical and preclinical stage trials are currently being conducted with Mydecine’s portfolio as potential treatments for PTSD, smoking cessation, and substance abuse. For more information, visit the company’s website at www.Mydecine.com. NOTE TO INVESTORS: The latest news and updates relating to MYCOF are available in the company’s newsroom at https://ibn.fm/MYCOF

Congressman Calls for Liberalized Access to Psilocybin; Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) Positions for Growth Within Psychedelics Sector

  • Congressman Earl Blumenauer recently wrote to his peers, urging them to petition the DEA to permit terminally ill patients to use psilocybin as part of their treatment
  • Although 41 states permit terminal patients to try investigational drugs, psilocybin continues to be banned by the DEA
  • Change seems to be coming within the sector as evidenced by its decriminalization in cities such as Denver and Oakland
  • Delic Corp has positioned itself as a leading psychedelic wellness platform, with business interests in ketamine infusion clinics, media, event management, and psilocybin research
In mid-December, Representative Earl Blumenauer circulated an open letter to his colleagues in Congress, urging them to join him in petitioning the DEA to permit patients suffering from terminal illnesses to use psilocybin as part of their treatment, without fear of being federally prosecuted (https://ibn.fm/1NxQf). Although 41 U.S. states as well as Congress have adopted right-to-try laws, which permits patients with terminal illnesses to try investigational drugs that are yet to receive approval, the DEA has remained steadfast in its stance to continue denying patients access to psilocybin. Nonetheless, the tide seems to be shifting. Scientific research within the psychedelics sector has increasingly uncovered the substance’s potential to relieve a broad array of psychological maladies, including depression, anxiety, and addiction. Delic Holdings (CSE: DELC) (OTCQB: DELCF) has sought to capitalize on the ongoing transformation within the sector, positioning itself as the nation’s leading psychedelic wellness platform, committed to bringing science-backed benefits to all and reframing the psychedelic conversation. According to the National Institute of Mental Health, over 17 million Americans have at least one major depressive episode every year, and up to 30% of them receive insufficient help from current medical treatments. Meanwhile, a further estimated 40 million adults struggle with anxiety disorders. Within his letter, Blumenauer stated that there was a growing body of evidence which pointed towards the effectiveness and safety of psilocybin-assisted therapy as a possible way to provide care for patients with anxiety and/or treatment-resistant depression. He further explained that despite these promising findings, the pace of regulatory approval had been slow for a substance that occurred naturally, and which had evidence of its safe therapeutic use by humans for millennia. Representative Blumenauer’s missive and findings seek to accelerate a process that has already begun to be reflected in policy adjustments within certain sectors of the government. In a move towards addressing the growing health crisis in 2018, the FDA moved towards granting psilocybin “breakthrough therapy” status for the treatment of severe depression. Shortly thereafter, Denver and then later Oakland voted to decriminalize the use of psilocybin mushrooms, with the state of California currently reviewing a bill to decriminalize a wide variety of psychedelics (https://ibn.fm/X2kao). Founded in 2018, Delic Corp has sought to transform itself into a champion of the psychedelic wellness sector, including psilocybin, through its myriad business interests. The company’s operations now include the largest chain of psychedelic wellness clinics with Ketamine Wellness Centers (“KWC”) and Ketamine Infusion Centers (“KIC”); trusted media and e-commerce platforms like Reality Sandwich and Delic Radio; Delic Labs, the only licensed entity by Health Canada to exclusively focus on research and development of psilocybin vaporization technology; and Meet Delic, the world’s largest psychedelic wellness event. With the sector on the cusp of broad-based legalization, the psychedelic drugs market is now projected to grow to a size of $10.75 billion by 2027, up from $4.75 billion in 2020 with a forecast CAGR of 12.36 percent over the period of 2021-2027 (https://ibn.fm/LPnCo). With its business spanning all aspects of the sector, Delic Corp looks optimally positioned to benefit from the continued growth in adepts to the sector as well as ongoing legalization efforts which are increasingly making waves around the world. For more information, visit the company’s website at www.DelicCorp.com and the Meet Delic conference website at www.MeetDelic.com. NOTE TO INVESTORS: The latest news and updates relating to DELCF are available in the company’s newsroom at https://ibn.fm/DELCF

As Bitcoin Marks 13th Anniversary, LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Works Toward Widespread Cryptocurrency Adoption via Lightning Network PaaS Offering

  • Bitcoin saw many different milestones during 2021, including surpassing $1 trillion in market value
  • LQwD launched its PaaS, lqwd.tech, on November 17, amidst the Adopting Bitcoin – A Lightning Summit in El Salvador
  • The Lightning Network has seen explosive growth since January 2021
  • LQwD’s corporate and operational update highlights several of the company’s achievements regarding funding, agreements to drive Bitcoin adoption and own Bitcoin deployment to procure additional Lightning Network nodes and provide liquidity for the platform
Bitcoin was officially launched 13 years ago on January 3, 2009, by Satoshi Nakamoto, the pseudonym used by the person or persons who created the cryptocurrency, wrote and published a dedicated white paper on the topic and deployed its initial implementation. As the world’s oldest cryptocurrency is celebrating its 13th anniversary, it does so after a period of significant achievement, with multiple major milestones and firsts attained in 2021 (https://ibn.fm/iOksX). These milestones include:
  • Surpassing $1 trillion in market value – On February 19, 2021, bitcoin hit a $1 trillion market value for the first time
  • Becoming the legal tender of El Salvador – The state’s authorities passed a new law to that effect in June 2021
  • Launch of the first U.S. futures-based bitcoin ETF – In October, the ProShares futures-based bitcoin ETF made its market debut on the NYSE under the ticker “BITO”
  • Bitcoin pricing hitting an all-time high – In November, the price of bitcoin achieved a new record, reaching over $69,044, according to CoinGecko
  • 90% of the total bitcoin supply having been mined – As of December 2021, 90% of the total bitcoin supply has been mined, but the remainder of the coin is not expected to be mined until February 2140
  • First bitcoin upgrade in four years – The first upgrade to bitcoin since 2017 happened in November 2021 and was named Taproot
Leveraging the growing popularity of cryptocurrency is LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a fintech company focused on creating enterprise-grade infrastructure to drive bitcoin adoption by enabling easier user access to the Lightning Network. The company released a dedicated platform as a service (“PaaS”) for the Lightning Network, https://lqwd.tech, in November. The platform is designed to make Lightning Network access simpler and to support more users looking to complete transactions instantly, securely, and inexpensively worldwide. Businesses connected can easily deploy, monitor, and manage LQwD’s Lightning Network nodes with little to no technical knowledge required. The company has deployed a part of its own Bitcoin holdings to procure additional nodes and provide liquidity for the platform. LQwD recently released its corporate and operational highlights, covering the non-brokered private placement for proceeds of C$5,000,000 (US$3.9 million) on June 9 and the completion of an offering of 23,000,000 units for proceeds of C$8,050,000 (US$ 6.3 million) on October 28. The company cumulatively acquired over C$9,000,000 worth of Bitcoin as an operating asset, increasing its holdings to approximately 150 Bitcoin. In addition to the financials, LQwD also entered a strategic services agreement with Netcoins, Inc., a subsidiary of BIGG Digital Assets Inc., and with Israeli-based Breez Development Ltd. The company also appointed Lightning Network experts Joost Jager and Roy Sheinfeld as strategic advisors and Alexandra Moxin as VP of Product. LQwD was also invited to participate in Adopting Bitcoin – A Lightning Summit in El Salvador. The summit took place November 16-18 and brought together key groups of industry experts in the Bitcoin and Lightning Network community, discussing the future of money and payments in Central American republic, as well as abroad (https://ibn.fm/VljMb). LQwD believes that the Lightning Network will become the monetary exchange network of the future, having already experienced impressive growth of more than 200% within the last 12 months and being anticipated to reach 700 million users by 2030. Other milestones achieved by the Network include:
  • Node growth of 105% from 770 to over 15,000 nodes that have been established
  • Bitcoin capacity increased from 1,125 BTC to almost 3,000 BTC (up 160%)
  • From 38,000 to more than 73,000 payment channels established (up 92%)
Several entities have openly expressed their enthusiasm for incorporating the Lightning Network into their platforms, including Lightning Labs, Twitter, and Jack Dorsey’s Square. For more information, visit the company’s website at www.LQwDFinTech.com. NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF

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