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Cannabis Strategic Ventures Inc. (NUGS) Moving Forward to Achieve Vision of Being Top-Tier, Farm-to-Door, Premium Cannabis Company

  • NUGS “wasting no time” in deploying assets to launch one of California’s top vertical cannabis models
  • Company plans to deploy another new license for establishment of indoor cultivation facility
  • Four licenses provide regulatory backing for a series of major next steps critical to NUGS’ strategy
An emerging leader in the U.S. cannabis marketplace, Cannabis Strategic Ventures (OTC: NUGS) is taking key steps forward in its strategic plan to implement a farm-to-sale model (https://ibn.fm/r7DFR). The company is beginning to deploy its newly acquired licenses, including the opening of its first Los-Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary. “After securing key licensing, we are wasting no time in deploying those assets to launch one of California’s top vertical cannabis models,” stated NUGS CEO Simon Yu. “MDRN Tree will be our factory retail store — our direct interface with our end-market community — where we plan on showcasing the cannabis flower produced at our NUGS Farm North cultivation site. This farm-to-sale model offers the potential to drive simultaneous gains in quality control and profitability, and I look forward to providing further updates as we make strides in this direction.” After the launch of MDRN Tree, NUGS plans to deploy another of its new licenses for the establishment of an indoor cultivation facility with the capability of up to 1,200 grow lights. Based on that, the facility could produce anywhere from two to three pounds of premium exotic cannabis flower per light per harvest, with an estimated 5.75 harvests per year. The company projects “an upside potential for total production capacity of over 15,000 lbs. of premium exotic cannabis flower per year.” These milestone moves are the result of an agreement the company entered into last year where the company received a cash investment of up to $8 million in funding and the assignment of four cannabis licenses: retail, cultivation, distribution and manufacturing. The license transfer was finalized in September of this year, but NUGS has only officially taken over the accounting and operations of existing retail locations. The company is in the process of identifying the next steps to take over the remaining licenses following by cultivation operations. The global pandemic slowed progress on NUGS’ strategic development of its plans, but the company is now moving forward. “We are thrilled to finally get past these delays,” said Yu (https://ibn.fm/sZr5s). “These four licenses provide the regulatory backing for a series of major next steps critical to realizing our vision of becoming a top-tier, farm-to-door vertically integrated premium cannabis company with dominant positioning in the thriving California cannabis marketplace.” According to Yu, the company is moving quickly to deploying these new assets to launch one of California’s top vertical cannabis models. “MDRN Tree will be our factory retail store – our direct interface with our end-market community – where we plan on showcasing the cannabis flower produced at our NUGS Farm North cultivation site,” said Yu. “This farm-to-sale model offers the potential to drive simultaneous gains in quality control and profitability, and I look forward to providing further updates as we make strides in this direction.” Cannabis Strategic Ventures Inc. is a publicly traded cannabis cultivators in the United States. The company focuses on medical and legal recreational cannabis sector. The company provides temporary, permanent and long-term staffing solutions, employment and human resources consulting to the legal cannabis sector. In addition, the company’s wholly owned subsidiary, NUGS Farm North, is a legal state-licensed cannabis cultivator in the state of California with more than six acres of greenhouse. For more information, visit the company’s website at www.CannabisStrategic.com. NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at http://ibn.fm/NUGS

Microsoft Corp. (NASDAQ: MSFT) to Deliver Breakthrough Experiences in Artificial Intelligence Space

At the recent 2021 OPSTech forum produced by The Monitoring Association (“TMA”), Microsoft (NASDAQ: MSFT) drilled home the premise that technology stakeholders need to embrace and understand the potential of artificial intelligence (“AI”). The company’s Azure platform is a framework for developing AI solutions for enterprises. Enterprises want to modernize their business processes quickly, and the Azure Artificial Intelligence Platform enables users to deliver breakthrough experiences via the use of industry-leading Vision AI models. “Today’s leading-edge technologies, such as AI, give security integrators and monitoring services companies the ability to deliver new, higher levels of comfort, convenience, and security,” stated TMA President Morgan Hertel. “For our industry to compete successfully, service providers need to gain a strong understanding of AI and other technologies that are quickly emerging and gaining consumer interest.” See the Latest Developments within the AI Space and Other Emerging Market Sectors To view the live presentations to be delivered at the upcoming virtual Sidoti Conference, register at https://www.sidoti.com/events About Sidoti For over two decades, Sidoti has been a premier provider of independent securities research. Our approach affords companies and institutional clients a combination of high-quality research and broad access to corporate management teams. We serve 500+ institutional clients in North America. Sidoti promotes meaningful interaction between issuers and investors through conferences and the hundreds of non-deal roadshows we host each year. For more information on Sidoti, visit https://www.sidoti.com About IBN (InvestorBrandNetwork) IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal. For more information on IBN, please visit https://www.InvestorBrandNetwork.com Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer

Sustain SoCal and Roth Capital Partners Team Up to Present the 4th Annual Sustainability Private Capital Event

Date: December 2-3, 2021 Venue: Virtual Sustain SoCal and ROTH remain committed to their members, clients, and employees’ well-being and safety. This year’s event will feature virtual sector focus panels with ROTH Research Analysts and Bankers, as well as virtual 1-on-1 / small group discussions. Investors from venture capital, private equity, family offices, endowments, foundations, and angels will be able to engage with C-level executives from established private sustainability companies in the AgTech, energy, environmental, mobility, transportation, and water verticals in this format. Key aspects of this event:
  • Sustainability Private Capital is a virtual event that takes place over two days
  • There is no cost to attend any of the sessions or gatherings
  • The public can register for the panel sessions
  • A separate registration is required for each panel session
  • Sector-focused 1-on-1 / Small Group meetings (by invitation only) are 25 minutes Meetings are held with a 5-minute break in between
Who’s Organizing This Event? In Southern California, Sustain SoCal, a non-profit organization, promotes sustainability and economic growth via innovation, collaboration, and education. The organization has a ten-year track record of identifying and executing practical, real-world solutions to the problems that growth, change, and inefficiency bring. It organizes conferences, workshops, and networking events that lead to projects that improve the economic prosperity and sustainability of our region. They are now reaching out to the most significant private sustainability companies and investors across the United States. Sustain SoCal and Roth invite you to join them in bringing sustainability and private money together. Why Should You Attend It? With a multitude of attending companies, numerous pavilions, events, attractions, and experiences, Sustainability Private Capital Event aims to inspire and initiate change and create a better future with a focus on sustainability, opportunity, and mobility. Students and instructors, on the other hand, will find plenty to consume and learn about, from specially created educational activities to excursions. Meanwhile, investors and businesses can network by attending international forums and conferences. How To Register? If you are interested in attending, please visit to submit a registration request or www.roth.com/sustainvirtual contact your ROTH and/or Sustain SoCal representative. This is an invite-only event & registration, which is complimentary, and is subject to approval. For more information, please visit https://ibn.fm/0Bzen

CEO of Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) Reveals Company’s Hyper-Growth Strategy on IBN’s Bell2Bell Podcast

  • Playgon CEO Darcy Krogh recently featured on IBN’s Bell2Bell podcast
  • PLGNF develops and licenses digital content for global iGaming market
  • Company surpassed $60 million in player betting turnover in October, up from $1.6 million in September with at least 100% growth across all key indicators
  • PLGNF’s proprietary technology enables seamless integration at operator level, allows user access without sharing sensitive data or requiring app store download
Darcy Krogh, CEO of Playgon Games (TSX.V: DEAL) (OTCQB: PLGNF), was recently featured on Bell2Bell, a podcast produced by the Investor Brand Network (“IBN”) that delivers critical updates and exclusive interviews with executives operating in hyper-growth industries (https://ibn.fm/hfJpb). PLGNF, a SaaS technology company that focuses on developing and licensing digital content for the global iGaming market, recently surpassed $60 million in player betting turnover in October, up from $1.6 million for the entire month of September with at least 100% growth across all key indicators (https://ibn.fm/CX8YI). Krogh revealed details about the company’s successful growth strategy during the episode, along with insights into the rapidly expanding iGaming sector. “Playgon is a software development company. We build digital content for the growing and exciting online gaming space,” Krogh said. “We’re 80 strong with employees, including 20 engineers, with our core product being live dealer table games. We have 60 dealers in our studio in Las Vegas who deliver the content to our customers. We’re a mobile-focused development company, and we license our product out of Malta. We are a public company, and we are growing quite quickly.” PLGNF’s proprietary software provides a multi-tenant gateway that enables online operators to offer users popular games such as, Live Dealer Casino, E-Table Games and Daily Fantasy Sports. With high-definition live streaming dealers and state-of-the-art augmented reality technology, PLGNF delivers an authentic casino experience streamed live from Las Vegas through a seamless integration at the operator level and allows user access without sharing sensitive data or requiring an app store download. “Our company has a B2B model, basically a typical SaaS model where we share in revenues with our operator customers under a licensing agreement,” said Krogh. “We plug into existing legacy systems that they run digitally, and create a highway into our studio, which we have in Vegas. We offer the Live Dealer content from North America. The beautiful thing about this model is that we have no player acquisition cost, and it’s a global strategy.” According to a recent report by Research and Markets, the online gaming industry is expected to grow at a CAGR of 11.94% between 2021-2026 (https://ibn.fm/dmk2N), and Grandview Research expects the market to reach $127.3 billion by 2027 (https://ibn.fm/VLFJG). “I first got into the business late in the ‘90s, so I’ve two decades in this industry,” said Krogh. “I’ve seen it grow up from mom-and-pop operations in the Caribbean to the business that it’s grown into today where, by-and-large, it’s run and owned by a lot of the big gaming brands.” PLGNF provides turn-key solutions for online casinos, sportsbook operators, land-based operators, media groups, and big database companies. The company’s management team leverages three decades of iGaming experience, with multiple successful exits. With a portfolio of IP-protected assets and high barriers to entry, the company is positioned favorably within the rapidly growing iGaming industry. To hear the episode and subscribe for future podcasts, visit https://podcast.bell2bell.com. For more information, visit the company’s website at www.Playgon.com. NOTE TO INVESTORS: The latest news and updates relating to PLGNF are available in the company’s newsroom at https://ibn.fm/PLGNF

Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) (FSE: ONFA) Releases Q3 Update, Details JHU Five-Year Research Agreement

  • Mydecine’s recent Q3 update includes the company’s five-year research agreement with Johns Hopkins University School of Medicine, which will cover clinical research related to the therapeutic use of psychedelics
  • Mydecine has also filed for various patents on proprietary compounds within the company’s IP portfolio
  • In addition, an updated version of the company’s virtual health platform, Mindleap 2.0, was released in Q3, enhancing user experience, infrastructure improvement, and expansion of overall content
Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) (FSE: ONFA), a company that focuses on bio- and digital technology that aims to transform the treatment of mental health and addiction disorders, has released financials and a business update for the third quarter ending September 30, 2021 (https://ibn.fm/RKapA). The highlight of this quarter was the five-year research agreement Mydecine Innovations entered with Johns Hopkins University School of Medicine, one of the most experienced university departments in conducting clinical research related to the therapeutic use of psychedelics, according to CEO Joshua Bartch. The five-year master collaboration research agreement with Johns Hopkins University gives the company’s medical and scientific research teams the resources needed to explore things like different indications, enhanced delivery, improved dosing, shorter half-life or other improvements needed to advance our understanding of these medicines in medical practice. In collaboration with JHU, the company is rapidly advancing one of its lead candidates, MYCO-001, through clinical trials with an upcoming seamless Phase 2/3 smoking cessation clinical trial and a JHU multi-site NIDA grant-funded smoking cessation study, which will use MYCO-001. “This marks the first time in over 50 years that the U.S government has funded a study of a psychedelic compound for therapeutics,” Bartch explained. “As we prepare for the launch of these trials, we expect to meet with the FDA for Pre-Investigational New Drug Application (Pre-IND) meetings in early 2022, another step closer to bringing to market more effective treatments for today’s unmet needs in mental health and addiction.” The research agreement is a good indication of the company’s commitment to advancing psychedelic medicine as a whole, since, unlike some competitors, they are not just focusing on psilocybin or MDMA. “The long-term potential of this research agreement is captivating for us here at Mydecine,” Chief Scientific Officer and Co-Founder of Mydecine, Rob Roscow, stated. “It demonstrates our commitment to advancing psychedelic medicine by exploring multiple molecules and medicines for a variety of indications.” IP Portfolio During the third quarter, Mydecine also filed three patent applications and successfully synthesized a novel psilocin analogue with improved pharmaceutical properties. The patents include a final patent for MYCO-003, developed for enhanced treatment of anxiety and PTSD, with the US Patent and Trademark Office and the World Intellectual Property Organization. The other two patents refer to an MDMA-like compound and one for technology using nanoemulsion to enhance, stabilize, and make repeatable properties of ingredients from traditional medicine. Technology and Corporate During the same reporting period, Mydecine successfully launched Mindleap 2.0, an updated version of the company’s proprietary virtual health platform – providing better user experience, infrastructure, and overall content expansion. The company continues to work on developing an AI-driven drug discovery program that screens billions of new drug candidates and filters them for the ability to modulate an activity of psychedelic-related targets. In terms of financials, the company reported total cash and cash equivalent of $1.6 million for the quarter’s end. Net losses attributed to common stockholders totaled $4.5 million, equivalent to a per-share loss of $0.02, down from the $17.4 million loss reported during Q3 2020 Additionally, Mydecine has completed its spin-out transaction of ALT House Cannabis Inc., which now holds the company’s U.S. cannabis assets. This allows the Mydecine team to shift focus on the company’s core drug development processes. 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

Experience the Industry’s Most Influential Event at NCIA’s Cannabis Business Summit & Expo​

Date: December 15–17, 2021 Venue: Moscone Center, San Francisco, California NCIA’s 7th Annual Cannabis Business Summit & Expo will be held in the Moscone Center in San Francisco, California, on December 15–17, 2021. Presented by the National Cannabis Industry Association (“NCIA”), the only national trade association advancing the interests of the responsible cannabis industry, #CannaBizSummit is the industry’s most influential national B2B trade exhibition and the only event that brings together a lineup of unique education, exhibitors, and experiences all under one roof. Joining a prestigious lineup of more than 125 industry presenters in over 80 educational sessions, the event’s keynote speakers include Troy Datcher, CEO of The Parent Company, as well as elite athletes Marvin Washington, Rachael Rapinoe, Calvin Johnson, Jr., and Anna Symonds. On a 12,000 square foot show floor, #CannaBizSummit will also feature hundreds of exhibitors from the full cannabis ecosystem. Highlights include:
  • Learn secrets of the trade to help you get your cannabis business future-ready — even in the face of economic and environmental change.
  • Gain knowledge that is driving the next generation of innovation.
  • Watch live recordings and join your favorite podcasts on the Live Podcast Stage.
  • Shop, watch demos, and compare the newest technology, goods, and services, side by side on the Expo floor.
  • Attend networking opportunities to reconnect with colleagues and build meaningful new business connections.
  • Get hands-on with cannabis goods at the new BLOOM: A Brands Experience. See, touch, and smell products from across the country in flower, pre-rolls, vapor, oil, edibles, and more, for the first time ever on the #CannaBizSummit Expo floor.
The Location The venue for this year’s #CannaBizSummit was chosen for its historical significance in the cannabis industry. San Francisco is not only the entryway to the Emerald Triangle, the country’s largest cannabis-growing region, but it is also the epicenter of the reform movement. NCIA’s 7th Annual Cannabis Business Summit & Expo takes place as the city marks the 30th anniversary of the 1991 “Proposition P” ballot initiative that legalized medical cannabis in San Francisco, and the 25th anniversary of California’s landmark Proposition 215, which extended medical legalization statewide. You May Be Able to Attend for Free! With unique content presented by the best and brightest minds in the industry, unmatched networking opportunities, and hundreds of exhibitors, this is an experience you won’t want to miss. Plus, licensed retailers, distributors, infused product manufacturers, and cultivators with a valid state license can attend on a complimentary basis. For more information, please visit https://ibn.fm/ZUMXO.

Flora Growth Corp. (NASDAQ: FLGC) Expands its Line of Lifestyle Brands Following Vessel’s Merger into a Wholly-Owned Subsidiary

  • Flora Growth has followed through with its definitive agreement to acquire 100% of Vessel’s equity interests
  • This acquisition opens Flora up to the North American market, in addition to expanding its brand portfolio, with a proven operator that has achieved trailing 12-months revenue of $6.6 million and year-over-year growth of 90%
  • It also serves to strengthen Flora’s management with the addition of Vessel’s leadership onto the team
  • This latest acquisition lines up with Flora’s mission to build a connected, design-led collective of plant-based wellness and lifestyle brands that offer customers an unrivaled experience
Flora Growth (NASDAQ: FLGC) has, since its inception, made it its mission to build a connected, design-led collective of plant-based wellness and lifestyle brands that provide customers with a one-of-a-kind experience (https://ibn.fm/HtSvW). In a move to live up to its mission, earlier in November 2021, the company entered into a definitive agreement to acquire Vessel Brand Inc., an industry leader in cannabis consumer technology (https://ibn.fm/eJ3hb). On November 15, 2021, Flora announced having closed the acquisition of Vessel. This marks the addition of an exceptional brand builder with a proven track record of not only launching successful cannabis-related brands but also capturing market share in the rapidly-expanding United States (“U.S.”) cannabis landscape (https://ibn.fm/jScFl). When making the announcement, Luis Merchan, the President and Chief Executive Officer (“CEO”) of Flora Growth, noted, “With this acquisition now closed, we can focus on the execution of our combined expansion strategy.” “The integration of our two organizations is well underway, and the Vessel team is expected to substantially enhance the branding and marketing function of Flora Growth as we look to further increase market share in the global cannabis and wellness markets,” he added. The transaction was pursuant to the terms of the definitive agreement that dates back to early November 2021. As a result, flora Growth now owns 100% of Vessel’s equity interests for a consideration of $8 million in cash and 4,557,318 privately issued Flora common shares. Flora is also optimistic about adding Vessel’s leadership to Flora’s overall management, given their experience in cannabis, sales, marketing, design, and production. The key persons, who include Founder and CEO James Choe, Chief Financial Officer (“CFO”), Garrett Potter, Vice President (“VP”) of Marketing, Jessie Casner, and VP of Performance, Jason Choe, have been responsible for Vessel’s go-to-market strategy. This strategy has allowed the company to achieve a trailing 12-month revenue of $6.6 million and year-over-year growth of 90%. In addition, they are the masterminds behind the company’s direct-to-consumer sales strategy both within the U.S. and Canadian markets. “We are looking forward to formally joining the Flora team and supporting their vision of becoming a global leader in plant-based health and wellness,” noted James Choe. The Vessel team has been keen to commend Flora Growth’s unrivaled cost structure and its rapidly expanding brand portfolio. They are confident that with the strong foundation that Flora has built so far, the company is poised for growth and well-positioned to capitalize on the rapidly expanding cannabis market. For more information, visit the company’s website at www.FloraGrowth.ca. NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://ibn.fm/FLGC

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Facilitates Lighting Network Growth Through Easy-to-Use Platform, Bitcoin Deployment

  • The Lightning Network has seen substantial growth during 2021, some of which is attributed to El Salvador’s adoption of BTC as legal tender
  • LQwD launched its lqwd.tech platform November 17, while simultaneously deploying Bitcoin to ensure platform liquidity
  • Companies leveraging LQwD’s Lightning Network nodes will be able to monitor, deploy, and manage these nodes with no-to-low levels of technical expertise
One of the biggest problems described by users of the bitcoin blockchain is the slow transaction speed, right along with the fees associated with the transaction itself. The innovative Lightning Network was designed as a solution to these issues. The network is a layer 2 payment protocol that uses micropayment channels that promise faster transaction times and lower associated costs. The use of the Lighting Network helps decongest the blockchain and facilitate Bitcoin transactions. This concept was originally proposed in 2015 by Joseph Poon and Thaddeus Dryja and has been in development since. In 2021, the Lightning Network hit several all-time highs, denoting the network’s growing popularity and supporting its expansion. Some of the network’s growth can be attributed to El Salvador’s adoption of Bitcoin as legal tender. At an overall total of 3,255, there is now a record number of bitcoins (“BTC”) in the network. In just one month, approximately 834 BTC has been added to the Lightning Network, and the number is expected to grow even more in the upcoming months (https://ibn.fm/GyDzM). Dedicated to enabling easier access to the Lightning Network, and driving bitcoin adoption through an enterprise-grade infrastructure, financial technology company LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) recently launched a Lightning Network platform-as-a-service (“PaaS”) offering that allows users to send and receive payments instantly, securely, and inexpensively worldwide. LQwD’s opportunity promises:
  • Bitcoin Exposure: LQwD is already securing a substantial position regarding Bitcoin. With increased global adoption, fixed supply, built-in deflation properties, and expanded utility in payments through the Lightning Network, the value of the virtual currency is expected to grow into the next decade.
  • Lightning Network: The use of the Lightning Network is being facilitated by LQwD’s PaaS, which supports the growth and usage of the network by establishing payment channels across the network’s ecosystem.
  • Rapid Growth Industry: Globally, virtual money is becoming revolutionary. The reinvention of currency and the finance industry is happening right before our very eyes while giving users control of their money. Users can use the LQwD platform to send, receive, earn, and conduct transactions 24 hours daily with low associated costs.
LQwD’s platform, lqwd.tech, was launched on November 17. Simultaneously, the company deployed a portion of its own Bitcoin holdings to procure additional nodes and provide liquidity for the newly released platform. Companies leveraging LQwD’s Lightning Network nodes will be able to monitor, deploy, and manage these nodes with no-to-low levels of technical expertise. LQwD believes that the Lightning Network will be a force of global change and the premier monetary exchange network of the future. “The Lightning Network is an extremely dynamic new global monetary network that’s growing exponentially, and we’re excited and fortunate to be a solutions provider in the space,” Albert Szmigielski, Chief Technology Officer for LQwD, stated (https://ibn.fm/kw2ci). “Developing countries such as El Salvador are using and seeing significant adoption, and one of the world’s largest social media platforms – Twitter – is making global tipping on the Lightning Network mainstream with its tipping feature called Tips. Needless to say, we’re looking forward to becoming a major contributor to (and supporter of) Bitcoin’s scaling layer – the Lightning Network.” 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

Cannabis Strategic Ventures Inc. (NUGS) Launches LA-Based Cannabis Dispensary in Number-One Market

  • MDRN (Modern) Tree is key piece of company’s vision to build a full farm-to-sale vertical model
  • NUGS plans to grow MDRN Tree brand, develop model that gives cultivation business wider distribution at potentially higher margins
  • The MDRN Tree location is opening in top cannabis market in the world
Cannabis Strategic Ventures (OTC: NUGS) has announced the grand opening of its first Los-Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary (https://ibn.fm/FmGGY). The company started recording sales from the dispensary this month. Last month, NUGS took full operational control of the downtown Los Angeles MDRN Tree cannabis product dispensary, the company’s first in-house, end-market, consumer-facing retail sales outlet. “We continue to build a full farm-to-sale vertical model, and MDRN Tree is a big part of that vision,” said NUGS CEO Simon Yu. “It’s exciting to watch the pieces come together, and we look forward to supplying and growing the MDRN Tree brand, and continuing to develop a model that will give our cultivation business wider distribution at potentially higher margins.” The MDRN Tree location is opening in the top cannabis market in the world. California’s Attorney General Rob Bonta marked the state’s 25th anniversary of the first-in-the-nation medical marijuana program, noting that the market has emerged as “number one in the world” (https://ibn.fm/Tr4S1). Bonta spoke at a recent California NORML conference. “Each day we continue to make history,” he continued in his message. “California is the world’s fifth-largest economy. We are number one in the nation for many things, like starting new businesses. We are number one in manufacturing, agriculture, entertainment, tourism, technology and college graduates. And we are also number one in the world for legal cannabis. Our state has the largest legal cannabis market in the world. “Whether it’s medicinal or recreational adult use, a legal and regulated marketplace ensures the industry is successful,” he continued. “And it ensures product is safe and tested, and specifically when it comes to medicinal use. Our progressive policies recognize that this product is not only popular, it is vital for so many patients.” Cannabis Strategic Ventures also has a wholly owned subsidiary — NUGS Farm North — that is a fully state legal licensed Cannabis cultivator in the state of California. The property has more than six acres of greenhouse. Cannabis Strategic Ventures cultivates and sells cannabis biomass and related cannabis products to the legal cannabis market. For more information, visit the company’s website at www.CannabisStrategic.com. NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at http://ibn.fm/NUGS

As Markets Keep Wary Eye on Inflation, StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Builds Important Gold Mining Resources

  • The global COVID pandemic has had a significant impact on the world’s markets, but a basic optimism has generally persisted after the shock of the initial outbreak
  • Gold continues to generate interest among investors amid concerns about inflation and the potential for consumer prices to continue in an uncontrolled climb
  • Mineral property acquisition and exploration company StraightUp Resources is focused on potential gold production targets in Ontario, Canada, and has begun to expand its resource portfolio internationally
  • The company’s international interests include a mine recently acquired in Nevada’s historically productive Beatty region, as well as one of the largest silver mining land packages in Peru that is in the negotiation process
Nearly two years into the global COVID pandemic, world capital markets are mining optimism that seems to have forgotten the precipitous declines in the early spring of 2020. Following the shock of COVID’s first year, and political unrest that accompanied it, most market sectors began to recover their losses, although there has been a notable widening of the distance between the best performers and those at the low end of the scale (https://nnw.fm/RNkLd). (https://ibn.fm/hyBzi). Still, fears of breakaway inflation continue to create a wariness among investors, particularly as U.S. consumer prices continue to rise at their highest rate in 30 years (https://nnw.fm/KV7NR). (https://ibn.fm/VQ65A). Such trends have generally strengthened the gold market, which is seen as a buffer against inflationary activity. In August, gold achieved a record high of $2,067.15 per ounce and two major banks expect it to reach $3,000 in 2022, although some other analysts expect gold to lose some momentum upon a conclusion of the pandemic (https://ibn.fm/rvC9t). A decision on Fed leadership in the United States is considered responsible for gold dropping below the $1,800 level this month (https://ibn.fm/WrouN), but many analysts are calling it a buy opportunity before prices potentially rise again early next year (https://ibn.fm/UE6Kw). Mineral explorer and acquisition company StraightUp Resources (CSE: ST) (OTCQB: STUPF) is placing its bets on a strong gold market for years to come, building a portfolio of potential precious metal resource sites in the well-known gold-rich region of Red Lake’s greenstone belt in Ontario, Canada, as well as in a historically productive mining region in southern Nevada, and in the Lima region of Peru. The Canadian properties include options for the RLX North, RLX South, Belanger Red Lake, Bear Head, and Ferdinand gold properties (https://ibn.fm/uqTW2) near Pure Gold Mining’s flagship site, which became Canada’s newest mine when it declared it had reached commercial production in August and increased its throughput by 35 percent over the previous quarter (https://ibn.fm/QOX1n). Canada is the world’s fifth-largest producer of gold and more than 75 percent of its precious metals have come from Ontario and nearby Quebec. The value of gold production in Canada more than tripled between 2008 and 2020, when it crossed the $7.8 billion mark (https://ibn.fm/PNtzs). The Red Lake district has a history of producing over 30 million ounces of gold, and StraightUp has completed high-resolution heli-borne magnetic surveys (“MAGs”) on the Ferdinand and the RLX properties to advance its interests there, with Orix Geoscience contracted to interpret the final report on the Ferdinand survey. “We … continue to position ourselves among top-quality assets and companies,” StraightUp President and CEO Mark Brezer stated after announcing the company’s expansion into the United States by adding Nevada’s West Cat Mine to its properties in September (https://ibn.fm/qPeU7). “(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.” Negotiations under way for the Peru property could potentially grant StraightUp access to one of the largest silver mining land packages in the country with over $120 million in capitalized expenditures currently in care and maintenance mode (https://ibn.fm/bv9DQ). For more information, visit the company’s website at www.StraightUpResources.com. NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://ibn.fm/STUPF

From Our Blog

Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) Set to Capitalize on North American Push to Secure Rare Earth Supply Chains

December 24, 2025

Disseminated on behalf of  Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising. A wave of recent investment announcements across the United States is underscoring how rare earth elements have moved from niche commodities to strategic priorities. From refining facilities in Louisiana to magnet recycling hubs in Texas, governments and companies are […]

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