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Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Announced Inclusion in AdvisorShares Psychedelics ETF; KCSA Psychedelics Virtual Investor Conference Presentations Available for On-Demand Viewing

  • Tryp announced its inclusion in the AdvisorShares Psychedelics ETF
  • The company hopes that its participation will open it up to a more diverse shareholder base and broaden its life science exposure
  • Tryp’s presentation at the KCSA Virtual Investor Conference will also be available for on-demand viewing over the next 90 days
Launched back in September 2021, the AdvisorShares Psychedelics Exchange-Traded Fund (“ETF”) has been actively trading, focusing on enterprises that have devoted a significant proportion of their assets to psychedelic drug development. Operating under the ticker symbol “PSIL” on the New York Stock Exchange (“NYSE”) Arca exchange, this fund has built a portfolio that includes over 25 different psychedelic companies. Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF) is the latest addition to that group. Tryp is excited with its inclusion in the fund, particularly since it provides an opportunity to bring a more diverse shareholder base while also broadening life science exposure for the company (https://ibn.fm/8DMHm). Its operations and commitment to developing psilocybin-based compounds for ailments with high unmet medical needs line up with AdvisorShares ETF’s main objective and focus. Interested parties can now also access Tryp’s KCSA Psychedelics Virtual Investor Conference presentation. In partnership with KCSA Strategic Communications, Virtual Investor Conferences announced that this and other presentations from critical players within the psychedelics space are now available for on-demand viewing (https://ibn.fm/oVNWI). The two-day event, held on October 13-14, 2021, featured a live overview of Tryp’s activities while elaborating on how it is leading the next wave of psychedelic drug development beyond mental health, focusing on chronic pain and other indications (https://ibn.fm/DcNgu). These presentations will be available 24/7 over the next 90 days. Interested parties, analysts, investors, and advisors can also download shareholder materials from the company’s “virtual trade booth.” For those who wish to access the presentations, you can register or log in now at https://ibn.fm/ZQiNc For more information, visit the company’s website at www.TrypTherapeutics.com. NOTE TO INVESTORS: The latest news and updates relating to TRYPF are available in the company’s newsroom at https://ibn.fm/TRYPF

StraightUp Resources Inc. (CSE: ST) Gold Exploration Expansion Rides Wave of Inflationary Concerns

  • Market analysts and investors are preparing for inflation to reach high levels as a result of COVID-19 pressures, although key financial policy managers expect inflation pressures to be temporary
  • Analysts are also observing the 50th anniversary of the end of the gold standard in the United States with reports that offer mixed views on gold’s ability to hedge against inflation in the short term, but its proven success for long-term prospects
  • Amid the uncertainty in preparing for the coming years’ economic trends, mineral property acquisition company StraightUp Resources is building asset classes such as gold in high-value regions
  • The company has acquired options to four sites in the well-known greenstone belt surrounding Ontario’s Red Lake Mining District and in Nevada’s famed Bullfrog boom zone
Fifty years after President Richard Nixon ended the U.S. dollar’s convertibility into gold, financial analysts have been weighing in on the gold standard’s end and the results of using gold as a hedge against inflation during the years since (https://ibn.fm/TAT6w). In the wake of briefly devastating economic conditions resulting from the COVID-19 pandemic, many investors have been concerned about the prospect of ‘high’ inflation arising now from tight supply lines and massive government debt on a global scale, according to varied news reports including a recent Reuters overview (https://ibn.fm/j80xD). A quick Google search shows analysts are largely in agreement that gold and changes in the U.S. consumer price index (“CPI”) have not followed a linearly parallel path during the past five decades, suggesting that gold has not been the ultimate short-term fix for inflationary worries in the past. Still, as Reuters notes, “gold is a proven long-term hedge against inflation” and also “can help investors protect against potentially excessive asset price inflation and currency debasement.” Canada-based mineral exploration and mining property acquisition company StraightUp Resources (CSE: ST) is building for the future with a series of acquisitions in historically proven gold districts, starting with options for the RLX North, RLX South, and Belanger Red Lake gold properties in Ontario obtained last year (https://ibn.fm/5tt5u). StraightUp followed up on those acquisitions with the Ferdinand Gold Property this year, marking a linear extension eastward from the other Ontario properties, and then the acquisition of the West Cat Mine across the continent in the state of Nevada last month (https://ibn.fm/uWhWY). The Ontario properties are located in the Canadian province’s west-side Red Lake Mining District, which has shown a store of silver and copper assets in addition to its historic gold production. Among the four sites, Ferdinand stands out in the sense that a lack of access has largely prevented previous exploration on the property despite its position within a well-known greenstone belt that has attracted other mine operations nearby. There isn’t a single registered drill hole on the property despite its situation as an extension of the prolific Uchi Subprovince, one of the most metal endowed greenstone belts in the world by square kilometer, according to StraightUp (https://ibn.fm/Iddxs). The company has completed a high-resolution heli-borne magnetic survey (“MAG”) on the Ferdinand property and has now received a final report on the survey. Orix Geoscience will interpret the final report during the coming weeks. StraightUp has also completed MAG surveys on RLX North and RLX South, which at about 10,000 hectares (25,000 acres) are the company’s largest area of operation currently. Ground exploration has begun and StraightUp will use the MAG surveys to help pinpoint future drill programs, President and CEO Mark Brezer has indicated. The Nevada property is a 20.66-acre land package in a high-potential area that has drawn other explorers’ interest as well. “(Nevada is) the second-largest (silver) producer in the United States, after Alaska, and, in 2014, Nevada produced roughly 11 million troy ounces — more than half of which came as a byproduct from gold mining,” Brezer noted in the West Cat Mine announcement. “We are extremely excited to begin our expansion into new mining districts and continue to position ourselves among top-quality assets and companies.” In addition, StraightUp recently acquired the Bear Head Gold Property in western Ontario, comprising 31 mining claims totaling 1,944 hectares in the Meen-Dempster Greenstone Belt, which hosts the Golden Patricia former gold mine that produced 620,000 ounces of gold at an average grade of 15.2 g/t from 1988-1997. According to Brezer, this acquisition complements the Ferdinand Gold Property.  The Bear Head Gold Project lies proximal to the Bear Head Deformation Zone (“BHDZ”), a 1st order crustal scale regional fault system over 2km wide that extends over 400km from the Pickle Lake Gold Camp, northeast through Ontario and into Manitoba. For more information, visit the company’s website at www.StraightUpResources.com. NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR

Friendable Inc. (FDBL) Entering Q4 Focused on Digital Advertising and Social Media; Aims to Attract Artists Across a Variety of Musical Genres

  • Friendable has begun testing for social media campaigns and digital advertising for its Fan Pass Live Streaming artist platform using Facebook and other networks
  • Company’s goal for the next 90 days and into the new year is to shift focus on testing, converting, and growing the platform’s artist and fan bases
  • An upward trend in live streaming and the creator economy is expected to drive consumer spending to $17.2 billion annually by 2025
Focused on artist acquisition and genre diversity, mobile technology and marketing company Friendable (OTC: FDBL) recently began testing campaigns on Facebook and other networks for their Fan Pass platform. These digital advertising and social media campaigns were designed to attract artists across various musical genres. As initial results from testing are received, the company plans to extend its sights to other platforms like Google, YouTube, and TikTok (https://ibn.fm/D4TyF). Having recently concluded its initial 120-day plan, Friendable has entered the remaining 90 days of the year looking to extend its brand awareness and artist offering. The company plans to include genre-targeted individuals, including industry managers, venues, and music-related booking services. To this end, Friendable has been working with Lobeline Communications, which is handling all of the company’s public relations and accelerated social media coverage. “As we enter the final quarter of the year, we have our sights set on testing, converting, and growing our artist and fan bases. At the same time, we continue monetizing our service offering and fan subscriptions,” Friendable CEO Robert A. Rositano Jr. said in reference to moving into the new year. “From inception, the Fan Pass Livestream platform has seen our business model perform at a micro-level; now, it’s time to add some scale to our artist and fan subscribers, as well as testing additional fee-based service offerings that are truly needed and appreciated by the independent artist community.” The Fan Pass platform is artist and fan-oriented, with newly designed applications available for Android and iOS operating systems. The live streaming community built by Friendable through Fan Pass allows artists to generate revenue and fans to listen to the artists they love while discovering new ones through a musically oriented community of like-minded individuals. Artists have the opportunity to use Pro Services, a hand-selected assortment of resources available to artists (at a cost) to develop merchandising, logos, social media posts, and more. The online shop allows artists to purchase equipment and other items they may need for their performances. Fans sign up, paying a monthly fee, to gain access to their favorite artists, with the opportunity to purchase exclusive merchandise and tickets to exclusive VIP shows. According to Rositano, as results of the company’s campaigns unfold, Fan Pass will report on metrics, conversions, rankings, and revenues that have garnered enough traction to extrapolate results and push for scale as the campaign builds momentum or adjusts based on response rates. “We remain focused and confident about what we have seen to date – it’s all about relationships, scale, and continuing to iterate our technology as we grow,” he added. The Fan Pass platform’s remarkable growth and increase in popularity comes at a time when the entire live streaming market and creator economy are experiencing an upward trend. It is estimated that consumers will spend a total of $6.78 billion on social apps in 2021. This amount is expected to grow at a CAGR of 29%, resulting in an estimated $17.2 billion spent annually by 2025. The U.S. and Japan currently dominate this market, spending more than $1.5 billion on social apps during H1 2021 (https://ibn.fm/Qq8E4). Additionally, research indicates that 740 billion hours of consumer time was spent on social apps in Q2 2021. The total time spent on live streaming apps on Android phones alone is set to exceed half a trillion hours outside of China by the end of 2021. 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

Sharing Services Global Corp. (SHRG) Strengthens Appeal to Those Looking for Flexible, Entrepreneurial Opportunities

  • A 2020 DSA study reports that interest in direct sales is highest among younger generations
  • An impressive 77% of Americans are interested in the flexibility, income potential found in direct sales
  • Earlier this year, SHRG announced The Happy Co., a unique company that offers a powerful direct-sales opportunity
Although direct sales has been around for centuries — a history of the industry notes that “as hunter-gatherers settled down to farm and build towns, the first direct sellers began to sell their wares across Europe, Africa and Asia” — the first real direct-selling company was established in the mid-1850s (https://ibn.fm/1Vw2J). Despite that long history, a 2020 Direct Selling Association (“DSA”) study reported that interest in direct sales is highest among younger generations (https://ibn.fm/MEMTP). Sharing Services Global (OTCQB: SHRG), a publicly traded company specializing in the direct-sales sector, is keeping this in mind as the company completes a rebranding campaign designed to appeal to those looking for entrepreneurial opportunities. According to the DSA report, an impressive 77% of Americans are interested in the flexibility and income potential found in direct sales; even more notable is the fact that Gen Zers (91%) and Millennials (88%) top the list of those interested. Younger generations are often more entrepreneurial minded, and direct sales offers wide-open possibilities to those involved, allowing them to choose for themselves the level of time, money and resources to invest. Another attractive piece of the direct-sales opportunity is the low required startup costs. DSA noted that when compared to other business opportunities, such as real estate, property rental, Uber or Lyft driving, and fast-food restaurants, direct sales startup costs are substantially lower. The average starter kit is $82.50, while costs to get into other businesses range from $500 to more than $1 million. Finally, DSA notes that U.S. consumers remain positive toward direct sales, with perceptions toward direct selling remaining at about 80% for the past decade. Consumers note that most appealing about direct sales is the opportunity to support small business and the personalized service that direct sellers provide. This is good news for SHRG, which earlier this year announced The Happy Co., a direct-sales opportunity that offers functional beverages, capsules, patches and creams exclusively formulated to elevate mood, boost energy, reduce stress, enhance sleep, increase muscles, minimize fat, tighten skin, and make users look, feel and perform like a younger person. The Happy Place products fall in the nootropics category, or nutraceutical formulations derived from food sources that provide health benefits above and beyond basic nutritional value. Sharing Services Global Corporation is dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. The Sharing Services combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer. Its primary division includes Elevacity U.S. LLC, the parent company of the Happy Co. and a sales and marketing company based on utilization of independent contractors as the sales force. For more information, visit the company’s websites at www.SHRGInc.com and www.TheHappyCo.com. NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG

Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Files Patent Application Amid ‘New Era’ of Psychedelic Medicine

  • Substances such as psilocybin, ketamine and LSD are edging into mainstream culture, setting the stage for a paradigm shift in modern medicine
  • Cybin has filed an international patent application covering methods for the delivery of psychedelic medications by inhalation
  • The company is pursuing the effectiveness of using inhalation as a delivery method for psychedelic medications
Earlier this month, a Time magazine article reported on the “new era” of psychedelic medicine (https://ibn.fm/bfC3u). On the leading edge of this collective breakthrough is Cybin (NEO: CYBN) (NYSE American: CYBN), a company focused on progressing psychedelic therapeutics, addressing the mental health crisis and transforming the treatment landscape. As part of its mission, the company has filed an international patent application related to delivery methods of psychedelic medications (https://ibn.fm/vaIVQ). “As a growing number of states and cities move to decriminalize drugs, and investors flock to an emerging market for psychedelic health care, substances like psilocybin, ketamine and LSD are edging into mainstream culture—and setting the stage for a paradigm shift in modern medicine,” stated the Time article.  “Within the next few years, we could see psychedelic therapies prescribed for refractory depression and post-traumatic stress disorder (‘PTSD’), or used in palliative care among those facing a life-limiting illness. . . . It’s no coincidence that psychedelics are entering the conversation at the moment we most sorely need new ideas in mental health care.” Committed to finding answers to the growing need for effective mental health care solutions, Cybin has filed an international patent application covering methods for the delivery of psychedelic medications by inhalation as well as devices for performing those methods. The application, which is governed by the Patent Cooperation Treaty (“PCT”), would give Cybin potential to obtain patent coverage in 153 countries. “The continued progression of our research programs guides our discovery of new molecules and differentiating treatment approaches,” said Cybin CEO Doug Drysdale. “Continued innovation, as demonstrated by our expanding IP portfolio, positions Cybin as a leading innovator in the development of putative psychedelic treatments for a variety of mental health conditions.” Based on its research and study, Cybin is pursuing the effectiveness of using inhalation as a delivery method for psychedelic medications. Traditional oral drug administration presents certain challenges that CYBN believes can be alleviated through inhalation of the psychedelic substance. Specifically, the company reports, it expects inhalation delivery to facilitate optimized psychedelic session timing compared to oral administration of the same compounds, lower doses of psychedelic therapeutics while preserving efficacy, and providing health care providers with more control during psychedelic sessions. The patent was filed in support of Cybin’s CYB004 preclinical development program. The patent would increase the company’s library of drug-delivery modalities focused on optimal delivery of psychedelics and strengthen Cybin’s growing IP portfolio. The filing also includes support for future research programs the company may undertake, including those exploring various ways to reduce or minimize negative side effects in psychedelic psychotherapy patients. The company may also look at ways to lower medication doses without impacting treatment efficacy while increasing the long-term efficacy of psychedelic sessions. Cybin is a leading biotechnology company focused on progressing psychedelic therapeutics by utilizing proprietary drug discovery platforms, innovative drug delivery systems, novel formulation approaches and treatment regimens for psychiatric disorders. For more information, visit the company’s website at www.Cybin.com. NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Enters Strategic Services Agreement with BIGG Digital Assets Inc. (CSE: BIGG) Subsidiary Netcoins

  • Netcoins will establish a node using LQwD’s Lightning Network PaaS, marking the first institutional grade lightning payment channel for BIGG and Netcoins
  • Netcoins will serve as LQwD’s preferred liquidity provider for Coincurve.com, and the two affiliates will also provide the currency platform and Lightning Network with a suite of institutional/government grade compliance software – including BitRank(R) and QLUE(TM)
  • Blockchain is expected to grow at a CAGR of 82.4% from 2021 to 2028, resulting in overall revenue of $394.6 billion by 2028, from $5.88 billion in 2021
  • In the last 90 days, the Lightning Network has experienced explosive node growth, doubling and increasing BTC capacity by 51.74%
Accelerating the global megatrend of Bitcoin adoption through its proprietary Lightning Network, financial technology company LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) has announced that it has entered into a strategic services agreement with Netcoins, Inc., a leading Canadian crypto trading platform and a subsidiary of BIGG Digital Assets (CSE: BIGG) (https://ibn.fm/FjkTJ). LQwD provides a unique opportunity to participate in advanced technology within the financial market, the idea of Bitcoin as an asset, and the infrastructure that powers its layer-2 payment solution in the Lightning Network. Under the agreement, Netcoins will establish a node using LQwD’s Lightning Network Platform as a Service (“PaaS”) software. This will mark the first institutional grade lightning payment channel for BIGG and its subsidiary. In turn, Netcoins will serve as the preferred liquidity provider for LQwD’s virtual currency platform, Coincurve.com. BIGG’s Blockchain Intelligence Group and Netcoins’ affiliate will provide the currency platform and Lightning Network with a suite of institutional and governmental grade compliance software – including BitRank(R) and QLUE(TM). “We are grateful to have a strong relationship with Netcoins and Blockchain Intelligence Group as we expand our footprint in the rapidly emerging Bitcoin Lightning Network. LQwD can now leverage BitRank(R) and QLUE(TM) for our AML needs and route crypto purchases for Coincurve.com and additional platforms through Netcoins, Canada’s first publicly traded, licensed crypto trading platform,” LQwD CEO Shone Anstey said. “It also allows Netcoins to have an early mover advantage in the Canadian markets for handling instant deposits and withdrawals of Bitcoin via LQwD’s Bitcoin Lightning Network platform.” LQwD’s Lightning Network is a solution that provides mass scaling of Bitcoin for microtransactions worldwide, by providing significant improvements on transaction fees and settlement times. In the last 90 days, the Lightning Network has experienced explosive node growth, doubling and increasing the Lightning Network BTC capacity by 51.74%, amid enthusiasm over the potential incorporation of the Network with various popular platforms. Driven by the goal of building the Lightning Network to allow users to make instant, secure, and inexpensive payments anywhere in the world using Bitcoin, LQwD is working to revolutionize the global digital currency industry. This revolution is reinventing money and finance, giving individuals greater control over their financials. Now, users can save, earn, send, receive, and complete transactions any time – day or night – with minimal cost. The opportunities and the pace of this rapidly growing industry are only getting bigger as more industries and individuals are turning toward blockchain cryptocurrencies. Blockchain technology is subsequently expected to continue growing at a CAGR of 82.4% from 2021 to 2028. The market’s estimated value for 2021 is $5.88 billion and is projected to grow to $394.6 billion by 2028 (https://ibn.fm/H5BaG). This increase is expected due to the growing acceptance of blockchain technology for payment processing and issuance of digital currencies by financial institutions worldwide. Removing unnecessary intermediaries, blockchain technology decentralizes the industry and allows for better performance during transactions. For more information on LQwD and the Lightning Network, visit the company’s website at https://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

DigiMax Global Inc.’s (CSE: DIGI) (OTC: DBKSF) CryptoHawk Solution Empowers Traders to Maximize Returns with AI

  • DigiMax’s CryptoHawk is an effective way for crypto traders to harness the power of AI
  • CryptoHawk meets the needs of casual, serious and professional cryptocurrency traders
  • CryptoHawk is a subscription offering of real-time predictions, trades and market depth for cryptocurrencies
In a world where artificial intelligence (“AI”) is now part of our lives, crypto trading is no exception. In fact, DigiMax Global (CSE: DIGI) (OTC: DBKSF) offers CryptoHawk, a subscription service capable of predicting cryptocurrency trends. Research shows that investors who use AI can improve their ability to generate alpha returns. In the U.S. stock market and other development financial markets, an estimated 70–80% of the overall trading-grade volume is generated through algorithmic trading. This algorithmic trading is now coming to crypto, and DigiMax’s CryptoHawk empowers traders to maximize their returns. As crypto traders navigate their way through the fast-moving and ever-changing world of the cryptocurrency ecosystem, they need assistance to overcome this turbulence. A hawk-eye sense is what they need to detect opportunities, and this is what CryptoHawk offers with its AI. Through CryptoHawk, traders can capture gains and take advantage of volatility while reducing risk. In short, DigiMax’s CryptoHawk empowers traders to engage in smarter crypto trading. CryptoHawk is unique among AI prediction systems on the market. Although it could be compared to algorithms used in highly profitable, high-frequency trading strategies used by hedge funds, it uses AI to detect patterns with neural network models. The service discovers key patterns, identifies new patterns and anomalies, and provides a variety of predictions. CryptoHawk observes, processes and correlates information from financial, structured to unstructured data using cognitive AI technologies. CryptoHawk offers a hawk-eye view relieving and detecting movements and sentiments anticipating cryptocurrency predictions. Subscribers have the insight to select entry and exit points using a variety of predictions for better investment strategies. CryptoHawk was hatched by expert data scientists and traders who have trained AI with human problem-solving skills to create a machine learning model that is resilient to change in the crypto ecosystem. With this backdrop, the service also provides vital notifications through email and text to alert investors about trend changes so they can make timely adjustments and decisions with confidence. The service is offered as a monthly subscription for casual, serious and professional cryptocurrency traders. Through its CryptoHawk solution, DigiMax is supporting its mission to empower investors to safely invest in cryptocurrencies by harnessing the power of artificial intelligence. The company is committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax reveals actionable predictive insight across the financial and human world. For more information, visit the company’s website at www.DigiMax-Global.com NOTE TO INVESTORS: The latest news and updates relating to DBKSF are available in the company’s newsroom at https://ibn.fm/DBKSF

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Intent on Uplisting to TSX; Opens Brick-and-Mortar Store in Squamish, BC

  • The company will remain a part of the Canadian Securities Exchange (VEGA), the US OTCQB market (PLTXF), and the Frankfurt Exchange (WNT1)
  • The October 14 opening of XMarket, a brick-and-mortar store in Squamish, British Columbia, offered the community the opportunity to experience plant-based products, educational opportunities and partake in local business offerings
  • Devoted to spreading awareness of plant-based living, PlantX offers consumers various educational resources such as a weekly podcast, a YouTube channel featuring recipe videos and the company’s Taste This! Series, and the company’s website blog
PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is on a mission to change how consumers define “plant-based” by bringing together community, lifestyle, and food. Focusing on e-commerce, PlantX’s core objective is to become the most trusted name for people living plant-based lifestyles. PlantX provides a multifaceted marketplace providing plant-based products and services for consumers. Common shares of PlantX are currently listed publicly on the Canadian Securities Exchange (under the ticker symbol ‘VEGA’), the U.S. OTCQB market (‘PLTXF’), and the Frankfurt Exchange (‘WNT1’). The company has announced that it has applied to list common shares on the Toronto Stock Exchange and is currently awaiting approval (https://ibn.fm/J1dGf). The uplisting will mark an important milestone for PlantX, highlighting its position as a global leader in the plant-based industry. “This is a crucial step in our growth that will significantly increase our brand recognition and could lead us to enhanced trading activity. By listing on TSX (Toronto Stock Exchange), we seek to further enhance the company’s visibility and accessibility to domestic, international, and global investors,” PlantX CEO Lorne Rapkin said. PlantX has also announced the opening of its brick-and-mortar XMarket store in Squamish, British Columbia. The company held an event for the grand opening on October 14, 2021, celebrating the Squamish community and local plant-based brands (https://ibn.fm/gnAdS). The Grand Opening Barbeque was originally scheduled for May 2021, but due to COVID-related restrictions, PlantX had to delay the celebration. With the XMarket Grand Opening in the Squamish community, PlantX offered attendees the opportunity to participate in educational experiences, product tasting, promotional offers, prizes of plant-based items, and gain access to a storewide sale. Many plant-based businesses were also in attendance, including Truffula, Mogiana Coffee, Clover Tea, and Sea Cider. Businesses were able to further educate the community on the plant-based offerings available in the area. Guests enjoyed plant-based refreshments, including those provided by a leader in plant-based protein, Beyond Meat(R). “Beyond Meat is one of the plant-based pioneers continuing to catalyze the plant-based movement, and we’re thrilled to share their high-quality products with our Squamish community at the official launch of XMarket Squamish,” PlantX Founder Sean Dollinger said. Educating the public on how plant-based products and services can impact society is largely part of PlantX’s mission. The company works within the communities it serves to increase awareness and provide community members with the knowledge and education needed to understand the opportunities that exist within the plant-based market. PlantX offers consumers resources such as its weekly podcast, YouTube channel featuring recipe videos and the company’s Taste This! Series, and the company’s website blog. These are all unique opportunities for communities to learn more about plant-based living, services, and other opportunities that PlantX offers. 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

Lexaria Bioscience Corp. (NASDAQ: LEXX) Inches Closer to Revolutionizing the Nicotine Industry with its Alternative Nicotine Delivery

  • Lexaria’s recent animal study on its patented DehydraTECH(TM) technology on nicotine absorption yielded ground-breaking results
  • This study builds on an earlier 2018 study that demonstrated effective delivery of nicotine to the central nervous system in a rodent study
  • The study’s success will serve as the foundation for a human trial that will compare the DehydraTECH-nicotine pouch performance to leading brands
Zacks Small Cap Research recently did a deep dive on Lexaria Bioscience (NASDAQ: LEXX) and its contribution to alternative nicotine delivery. Its evaluation acknowledged that the global tobacco market is currently valued at $818 billion, mainly sustained by over 1.1 billion smokers. Smoking has been attributed to cancer, heart disease, stroke, and lung diseases, among other life-threatening conditions. In the United States alone, smoking is responsible for over 480,000 deaths every year and 8 million deaths worldwide, according to the World Health Organization (“WHO”) (https://ibn.fm/Y1CL0). Zacks also noted that according to the U.S. Food and Drug Administration (“FDA”), over 70% of U.S. smokers would like to quit. However, the nicotine replacement therapies (“NRT”) available in the market today, which include patches and gums, fail due to slow and low levels of nicotine delivered to the nicotine receptors in the brain, forcing affected persons to revert to smoking. Tobacco companies have had to grapple with this challenge, compounded by legislation such as classifying products with more than 4mg of nicotine per dose as prescription drugs, as is the case with Canada. According to Zacks, there has never been such an immense need for a practical option for nicotine delivery that can bypass the existing hurdles already put in place, and deliver sufficient nicotine to deter smoking. Lexaria has made a name for itself with its patented technology that improves the bioavailability of pharmaceuticals and therapeutics in part by bypassing first-pass-liver processing. Its subsidiary, Lexaria Nicotine Corp., has advanced its nicotine delivery research, building on its patented DehydraTECH(TM) technology. In a recent animal study highlighted by Zacks, NIC-A21-1, the company evaluated the improved methods of nicotine absorption as an alternative to combustible tobacco products in what was a very successful study. Lexaria began research on the technology back in 2018. The initial investigation demonstrated effective delivery of nicotine to the central nervous system (“CNS”) in a rodent study, with nicotine polacrilex achieving 195% greater delivery and four-fold more rapid delivery across the blood-brain barrier (“BBB”) compared with the control. Zacks pointed this out as one of Lexaria’s primary strengths and a critical step towards pushing DehydraTECH to market. Fast forward to 2021, and Lexaria, working together with an independent testing laboratory, conducted an additional study on canines. This analysis evaluated nicotine benzoate and polacrilex plasma levels in these animals comparing Lexaria’s recently developed, advanced DehydraTECH 2.0 nicotine formulation to concentration-matched controls. The study involved 40 anaesthetized male beagle dogs that were assessed, and blood samples were taken every few minutes over the course of two hours. In what Zacks also defined as another strength for Lexaria, the results from this study showed that the generic nicotine benzoate pouch required about 45 minutes to reach its peak delivery rate. In comparison, the DehydraTECH-nicotine benzoate pouch reached peak delivery rates at both 8 minutes and again at 30 minutes. It was further noted that in just 4 minutes after the pouch was placed in the mouth, the DehydraTECH-nicotine had reached a higher delivery level than the generic achieved at any point during the study. While announcing the results, Chris Bunka, the Chief Executive Officer of Lexaria, noted, “We are extremely pleased with the performance of our latest DehydraTECH-2.0 nicotine oral pouch formulations in this study. Our technology was ten to twenty times faster in delivering comparable levels of nicotine into bloodstream than the peak of the concentration-matched controls and went on to far exceed their total delivery, which should provide much greater consumer satisfaction” (https://ibn.fm/TSZqq). He further added, “Performance gains of this magnitude could be of great significance in enabling the oral pouch product category to offer improved nicotine satiety and effectiveness, with a goal of one day rendering pulmonary administration practices like smoking and vaping as obsolete.” Zacks acknowledges that the success of this study will serve as the foundation for a more extensive investigation among human volunteers. This human trial will compare the DehydraTECH-nicotine pouch performance to leading brands, including Zyn (a product from Swiss tobacco company, Swedish Match) and ON! (a product from Altria Group). The research, which is currently in the design phase, will be independently funded with existing capital, with the announcement of further details being made as they become available. Lexaria is optimistic that this human study will yield more positive findings to those evidenced in the previous 2018 animal study and align with the just-concluded dog study. With the nicotine oral pouch market ranked among the fastest-growing nicotine sectors globally, Lexaria believes that DehydraTECH is ideally suited and could revolutionize the nicotine industry as the first practical, reduced risk category to challenge smoking tobacco successfully. 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

Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Takes Part in Reviving Saxony’s Rich Mining History

  • Saxony’s Freiberg has a rich & storied mining history, dating back to 1168 AD, as depicted by a recent video from the Society of Economic Geologists (“SEG”) Student Chapter from the Freiberg University of Mining & Technology
  • The region quickly became synonymous with mineral breakthroughs, including the discovery of novel chemical elements such as Germanium and Indium
  • Excellon Resources has sought to revive the region’s rich mining traditions, acquiring interests in 34,150 hectares within the historically significant Silver City mineral field in Saxony, Germany
Silver mining has long been synonymous with Germany’s Saxony region. The first silver ore in the region was discovered as far back as 1168 AD, deep within the Erzebirge or ‘Ore’ Mountain range. Within four centuries, mining had transformed Saxony into one of Europe’s wealthiest kingdoms with the region attracting a range of craft specialists from across the European continent (https://ibn.fm/syjry). Today, set amidst nearly 2,000 kilometers of mine tunnels zigzagging though the porous stone beneath the town of Freiberg, Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) is actively working to reignite the region’s proud and storied mining history. The Society of Economic Geologists (“SEG”) Student Chapter from the Freiberg University of Mining & Technology recently released an overview of Freiberg’s proud mineral history – https://ibn.fm/7TlX4. Not solely constrained to silver ore production, Freiberg has also played host to a number of other momentous events – including the discovery of chemical elements Indium and Germanium by chemists Ferdinand Reich and Clemens Winkler, with both metals now playing a crucial part within the technology hardware supply chain. Alongside new research seeking to identify hydrothermal oil deposits as well as fresh studies into earth and material sciences, today the mining industry is quietly marking a comeback to the region’s Erzebirge mountains. In mid-2020, Excellon announced that it had entered into a research and development alliance with the Helmholtz Institute Freiberg (“HIF”). The company’s team seeks to apply modern exploration technology on the historically significant Silver City mineral field in Saxony, Germany. Excellon holds an option to acquire a 100% interest in the 16,500-hectare Bräunsdorf license on the Silver City Project from Globex Mining Enterprises, an area which has historically produced upwards of 180 million ounces (since the mid 16th century) of silver prior to the closure of the area’s legacy mining assets (https://ibn.fm/unysr). The company carried out initial drilling in 2020, with results confirming the presence of a high-grade, district-scale epithermal silver system over more than 12 kilometers of strike. The company subsequently shifted their focus towards defining wider zones of high grade mineralization (https://ibn.fm/oRWrn). Earlier this year, Excellon announced that following approval from the Saxon Mining Authority, the company has added three exploration licenses to the Silver City Project – namely, Frauenstein, Mohorn and Oderan, doubling the size of the project to 34,150 hectares (https://ibn.fm/5A0bx). “Over the past year, Saxony has become an important jurisdiction for Excellon,” stated Ben Pullinger, SVP Geology & Corporate Development for Excellon, in a news release disseminated earlier this year (https://ibn.fm/m0AAj). “We permitted the first drilling program for precious metals in modern times on the Bräunsdorf license, smoothly initiated the program, struck a major epithermal silver system over 12 kilometers, confirmed high-grade silver species and discovered high-grade silver veins. Based on our ongoing review of historical archives, we have added new licenses that cover additional areas of historical high-grade silver production with no modern exploration.” For more information, visit the company’s website at www.ExcellonResources.com. NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

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In medical imaging, technology often races ahead of regulation. A recent proposal from the Centers for Medicare & Medicaid Services (CMS) underscores this tension: the agency is opting not to mandate radiation dose tracking for CT scans by 2027. While the decision reflects operational challenges hospitals face in meeting such requirements, it also highlights a […]

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