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Emaginos Inc. Offers Proprietary Solution to Broken Public School System

  • The public education system, where roughly 90% of students are enrolled, isn’t working.
  • No amount of resources can change the problems facing the public school system.
  • The Emaginos solution is focused on engaging students by providing a customized education for every child and hands-on learning opportunities.
Grades have been turned in, and the public school system has failed — at least in the area of science. According to the National Assessment of Educational Progress (“NAEP”) science assessment, only 36% of 4th graders were proficient in science in 2019, with 35% of 8th graders reaching proficiency and significantly fewer — 22% — 12th graders testing at or above a proficient level in science (https://ibn.fm/kVDuq). These are the type of results that Emaginos Inc., a REG-A company with news posted on Yahoo Finance, is determined to change. (See the company’s website if interested in investing.) “These findings are more than just an embarrassment for those who run our nation’s educational systems,” a recent article noted. “They serve as yet another reminder that the public education system, where roughly 90% of students are enrolled, isn’t working. Indeed, a perusal of the report card’s sub-data shows that while results across the board aren’t great, public school students’ test scores are significantly lower than students enrolled in Catholic private schools, for one example.” And earmarking more money isn’t the answer, the article goes on to point out. “Economic research shows no clear correlation between public education spending and outcomes,” the article states. “If throwing more taxpayer money at the problem could accomplish anything, we wouldn’t have such abysmal results. The truth is that no amount of resources can change the structural problems facing the public school system. ‘Pouring more money into the same broken system won’t fix the deeper problem — government monopolies have weak incentives to cater to the needs of their customers by spending money wisely.’” The Emaginos solution doesn’t require additional money or other resources to fix the system; in fact, the company supports public schools and restores the concept of neighborhood schools being the center of communities. Even more important, the Emaginos Discovery Learning System is focused on engaging students by providing a customized education for every child and hands-on learning opportunities. Emaginos considers every child as special and at risk — some at greater risk than others,” the company explains (https://ibn.fm/kk5Dj). “We deliver a customized education to each child based upon a continuous improvement model. Our students master the academic content and high-performance skills without teaching to the test.” For more information about Emaginos and to learn about investment and shareholder opportunities, visit www.Emaginos.com. NOTE TO INVESTORS: The latest news and updates relating to Emaginos are available in the company’s newsroom at https://ibn.fm/Emaginos

DSG Global Inc. (DSGT), Subsidiary IMC Unveil Array of New EVs at Experience Center Grand Opening Event

  • Quality, value, diversity hallmarks of EV grand opening event.
  • IMC has existing inventory already on hand, doesn’t require substantial amount of capital before seeing profitability.
  • Company offers affordable vehicles with emphasis on great design, a green mindset, performance and functionality.
DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors, and subsidiary Imperium Motor Company (“IMC”) unveiled more than two dozen electric-powered vehicles at the grand opening of the Imperium Motors Experience Center in Fairfield, California (https://ibn.fm/BGwLh). Held June 18–19, the grand opening event included interviews, press coverage, test drives, snacks and a chance to win an E-Rover. “While we are confident that potential customers will be impressed with the quality and value of our vehicles, they may be surprised by the diversity of our product offering and some of the new vehicle models we will unveil in the near future,” said IMC president Rick Curtis prior to the event. “We look forward to providing an educational and rewarding experience for all visitors.” Designed to create interest in IMC’s impressive line of EVs, the event encouraged attendees to drive and ride in 25 different electric-powered units, including the company’s flagship Imperium ET5 SUV, the Van Maxx, the Urbee 4, the new Jonway T3 Cargo, the Urbee Security LSV, the Raptor Golf Cart, the Rumble lineup, the Imp Chimp and other models. Unlike many companies jockeying for position in the EV space, IMC has existing models and inventory already on hand, ready to be sold. This means the company doesn’t require a substantial amount of capital in order to see profitability. “We are confident that we have one of the most diverse product lineups in the electric vehicle industry,” said Curtis (https://ibn.fm/aRaOA). “There are very few other vehicles at our price point that include the standard equipment and functionality that we can offer. IMC is an EV sales, manufacturing and marketing company that offers affordable vehicles equipped for the North American market with emphasis on great design, a green mindset, performance and functionality. Available vehicles include high-speed, mid-speed and low-speed cars, trucks, SUVs, vans, buses and scooters. Many models were available for purchase at the grand opening of the experience center, while others were available for order. DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors. With roots in the golf industry, in which it specializes in fleet management with patented analytics, mobile touch-screen engagement and electric golf carts under the VTS brand, the company is moving quickly with road-ready electric vehicles for sale in the first quarter of 2021 through its Imperium Motor Company subsidiary. To learn more about the company, please visit www.DSGTGlobal.com. NOTE TO INVESTORS: The latest news and updates relating to DSGT are available in the company’s newsroom at https://ibn.fm/DSGT

Sharing Services Global Corp. (SHRG) Unveils Plans for Subsidiary — The Happy Co. — to Expand into European Market

  • SHRG’s global expansion efforts will be the Happy Co.’s first introduction into the European market.
  • Company planning to release entire U.S. product line on an NFR basis to customers in 21 European countries.
  • Proprietary nootropic products are nutraceutical formulations derived from food sources that provide health benefits above and beyond basic nutritional value.
Sharing Services Global (OTCQB: SHRG) has announced that its wholly owned subsidiary, the Happy Co., is preparing to launch into 21 European countries with its exclusive, high-quality products. The Happy Co. is a leading producer and distributor of nootropic, functional beverage products with a focus on health and wellness. “Our global expansion efforts with these not-for-resale (‘NFR’) products will be the Happy Co.’s first introduction into the European market,” said Elevacity International Holdings CEO Bo Short (Elevacity is the parent company of the Happy Co.). “We are taking advantage of the popularity and results of instant-impact Happy Co. products in the U.S. and collaborating with a new team in Europe to leverage motivating growth for the company.” The Happy Co. is planning to unveil its entire U.S. product line on an NFR basis to customers in 21 countries across Europe in the coming weeks. The company anticipates making products available for purchase in Austria, Belgium, Czech Republic, Denmark, England, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Northern Ireland, Norway, Poland, Portugal, Scotland, Spain, Sweden, Switzerland and Wales. The Happy Co. offers functional beverages, capsules, patches and creams that elevate mood, boost energy, reduce stress, enhance sleep, increase muscles, minimize fat, tighten skin, and make you look, feel and perform like a younger person. The products are nootropics, or nutraceutical formulations derived from food sources that provide health benefits above and beyond basic nutritional value. “As we continue to focus on our mission of growing our company internationally, we will be spreading the spirit of collaboration and happiness to exciting new markets across Europe,” said Happy Co. president Garrett McGrath. “We look forward to providing our most popular products to new customers in Europe and learning more about how we can make a positive impact on their lives.” Formerly Elepreneurs, the Happy Co. launched in February 2021 with an established foundation of successful nootropic, functional beverage products. Although the company does produce superior products, its mission is to provide business partners and consumers with much more than that. “We are a lifestyle and a dose of happy,” the company’s slogan proclaims. Sharing Services Global Corporation is a publicly traded diversified company 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 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

Vivos Therapeutics Inc. (NASDAQ: VVOS) Founder and Chief Medical Officer Shares Company’s Groundbreaking Work in New Book

  • Dr. Dave Singh, Vivos Therapeutics Inc. founder and Chief Medical Officer, releases his new book titled Pneumopedics and Craniofacial Epigenetics
  • The book is the product of Dr. Singh’s years of research and is a chronology of Vivo Therapeutics’ strides in innovation
  • The book mainly covers craniofacial growth and developmental Genetics
  • It also highlights the relationship between dentofacial anomalies and developmental deficiencies associated with downstream conditions such as Obstructive Sleep Apnea (“OSA”)
Since its inception, Vivos Therapeutics (NASDAQ: VVOS) has been a trailblazer in diagnosing and treating mild-to-moderate Obstructive Sleep Apnea (“OSA”). Its main productVivos System results from years of research and has been instrumental in treating the condition among adults. Dr. G. Dave Singh, the personality behind Vivos Therapeutics, shares the process behind Vivos System’s innovation and the scientific and biological foundation of the product in his new book titled Pneumopedics and Craniofacial Epigenetics. He details his research’s progress and Vivo Therapeutics’ achievements over the years. Dr. Singh’s primary goal with this book is to spread the word far and wide about the technology, how it can help people think about health conditions such as OSA, and how such ailments are treated going forward. He covers craniofacial growth along with developmental Genetics. By doing so, he addresses the link between dentofacial anomalies and developmental deficiencies that are associated with downstream conditions including, but not limited to OSA. Dr. Singh also cements the scientific and biological foundation upon which Vivos Therapeutics’ proprietary approach rests. By so doing, he sheds more light on OSA while offering some incredible insights into the future of mild-to-moderate OSA diagnosis and treatment. According to Vivos Life, over 80% of people who suffer from the effects of this condition do not know that they have it. Dr. Singh hopes that he will sensitize people about the disease with his new book, inform them both on how to identify it and how to treat it effectively. As a leading professor and researcher in the sleep medicine field, Dr. Singh understands the value of sharing knowledge and research. This book is a blend and an improvement on the over 200 peer-reviewed medical articles he has written throughout his career (https://ibn.fm/RVZsQ). It is also a way to share the strides that both he and Vivos Therapeutics Inc. have made regarding the treatment of mild-to-moderate OSA. Vivos Therapeutics Inc.’s primary focus is developing and commercializing innovative diagnostic and treatment modalities for patients dealing with sleep-disordered breathing, including mild-to-moderate OSA. Its core mission is to rid the world of mild-to-moderate OSA, and the Vivos System is a significant clinical breakthrough on that front. Dr. Singh’s book is a chronicle of the process that ultimately led to the innovation of the Vivos System and how important the invention is to the treatment of OSA.

Knightscope Autonomous Security Robot Gets Exposure Boost in Disney+ Episode of ‘Loki’ Series

  • Knightscope develops and manufactures autonomous security robots that utilize an array of technological tools to patrol and monitor client properties on a 24/7 basis
  • The company’s robots have provided more than a million hours of service to clients since 2015, and recently got high-profile attention through an appearance on the Disney+ streaming superhero series “Loki”
  • Knightscope’s ASR robots are dedicated to helping make the United States safer as a whole, providing video and audio data reception, transmission and analysis, to determine if security concerns and the need for crime deterrence or other emergency intervention are present
When Knightscope’s K5 model autonomous security robot (“ASR”) appeared recently in the second episode of the Disney+ superhero streamer “Loki,” it was cast in a futuristic role that had it roaming the aisles of a big box store in the year 2050 (https://ibn.fm/ZtjZQ). But the AI-equipped Knightscope ASRs are very much a part of our present society, having logged over a million hours of service since 2015 with paying clients, patrolling busy parking lots/structures, shopping malls, hospitals, city parks and corporate campuses across the United States. Knightscope’s ASRs come in a variety of models. The K5 is designed to function in outdoor environments, performing property security functions in a fully autonomous manner. The K5 may utilize LiDAR, SONAR, GPS and wheel odometer technology to move about its environment recognizing potential obstacles and hazards. Its surveillance capabilities function through video and audio data that are monitored and recorded in 360 degrees, as well as infrared and thermal scanning in dark conditions, broadcast signal detection, and select image recognition features. It can communicate with people in its environment through pre-recorded messages, live-streaming text-to-audio technology, and directed audio transmissions. And the Loki episode was perhaps an example of the company’s discretion with clients — the company’s social media posts noted that, after “over a year of keeping our mouths stapled, glued and taped shut,” it could finally talk about its part in the Marvel Cinematic Universe’s multiverse following the airing of the episode (https://ibn.fm/AUd6C). Property security continues to remain a significant concern for corporate and government clients. As of June 20, Wikipedia listed just shy of 300 mass shooting events in the United States since the beginning of the year that have led to the deaths of nearly 350 people and injuries for more than 1,200 people (https://ibn.fm/tqnrJ). None of this year’s incidents up to that date have been school related, but the country’s history of occasional gun violence targeting children and school administrators during school hours — particularly since the April 1999 killings at Colorado’s Columbine High School — has driven municipal efforts to provide more technologically enhanced security measures at schools nationwide. In a recent example, Ohio’s governor announced June 16 that more than $10 million in state-based grants will be awarded to fund security enhancements at K-12 public schools and institutions of higher education in the state this year and early next year (https://ibn.fm/UxuhP). “It’s important that we work proactively to ensure that our school buildings and grounds are as safe as possible to protect both students and staff,” Governor Mike DeWine stated. “Two new grant programs offered through the Ohio School Safety Center will help schools and universities pinpoint any weaknesses in their physical security and make needed improvements and upgrades.” In May, a Utah teacher was hailed as a hero for preventing a man from kidnapping an 11-year-old girl or harming other students on an elementary school playground after the teacher saw the stranger behave aggressively and rushed out to respond to the situation (https://ibn.fm/iPDsp). Knightscope has declared its mission to make the nation safer through vigilance and a non-threatening IP. “A violent crime occurs every four seconds and a property crime every 25 seconds. … Crime has more than a trillion-dollar negative economic impact on the U.S. every single year,” Knightscope founder and CEO William Santana Li said in a YouTube video about the company earlier this year (https://ibn.fm/MRztb). “The ongoing mass shooting violence across the country is not acceptable. That is why I put in 80-100-hour weeks to do something meaningful about it.” For more information, visit the company’s website at www.Knightscope.com and if you have a need for subscription service you may request a private demonstration of the technology at www.Knightscope.com/Demo. NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/Knight

Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Discusses Its Vision for Addressing Patient Needs

  • In 2021, Tryp Therapeutics plans on expanding its academic collaborations
  • It also plans to initiate Phase 2a clinical studies for its synthetic psilocybin drug product as a way to determine efficacy in patient populations
  • Tryp Therapeutics is constantly working on identifying alternative and better ways to control doses and control the patient experience in their dissociative state, mainly through innovations in drug formulation and delivery
  • A primary objective of the administration of psilocybin is to increase the neuroplasticity of the brain
Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF) recently shed light on its operations and the vision that it has both for patients and targeted ailments. In a podcast, Greg McKee, chairman and CEO of the company, candidly shared Tryp’s position on the treatment of diseases with unmet medical needs through the use of psychedelics such as psilocybin (https://nnw.fm/rL6Sv) (https://ibn.fm/wXQNy). McKee noted that the company has identified its prospective patients and targeted indications. Narrowing both of these down, he said, allows the company to maintain focus, allowing for the patients’ situations to be adequately served and new solutions to be identified. The company’s primary focus is on chronic pain indications such as fibromyalgia, phantom limb pain, and complex regional pain syndrome, as well as certain eating disorders such as binge eating and hypothalamic obesity. “All these subcategories of chronic pain are areas where there is a significant unmet medical need. In other words, situations where patients aren’t properly served,” McKee noted (https://nnw.fm/rL6Sv) (https://ibn.fm/wXQNy). Tryp Therapeutics is a pharmaceutical company committed to developing compounds for diseases with high unmet medical needs through accelerate regulatory pathways (https://nnw.fm/AV0gy) (https://ibn.fm/uk2da). The company sees innovation as being key to addressing patient needs that are not being met by existing treatment options. “We see that there is a great need to innovate around the specific dose and the specific route of administration [of psychedelic compounds]. Drugs are delivered in a lot of different ways and, up to this point historically, psilocybin and most of the other chemistries in the psychedelics space have all been oral pills,” McKee noted. Tryp Therapeutics is constantly working on identifying alternative and better ways to control doses and control the patient experience in their dissociative state. The underlying goal is to increase the brain’s neuroplasticity and encourage proper connectivity among neural networks. “We’re excited to innovate around the route of administration and controlled dosing so that patients have the proper kind of experience that ultimately addresses their particular illness,” McKee said. Tryp Therapeutics has created a strong foundation for the identification and treatment of orphan and other diseases. In 2021, the company plans on expanding its academic collaborations and initiating multiple Phase 2a clinical studies to determine the efficacy of its drug products in patient populations. This will be the first time that psilocybin is used for several indications in a clinical trial, marking a significant milestone not just for Tryp Therapeutics but also for psychedelic drug development. “We anticipate having at least two Phase 2a clinical trials up and running in 2021 and potentially more based on the breadth of academic collaborations we have underway. That will set us up to potentially see signals of efficacy in these patient populations for the first time,” commented McKee (https://nnw.fm/rL6Sv) (https://ibn.fm/wXQNy). 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://nnw.fm/TRYPF https://ibn.fm/TRYPF

Chalice Brands (CSE: CHAL) (OTCQB: CHALF) Article Shares Insight into Cannabis as a Heat-Relief Option

  • Magazine article plugs cooling-off benefits of cannabis.
  • Science actually points to different physiological mechanisms that allow cannabis to help lower body temperatures.
  • The cannabis cooling article is only one of several offerings in the summer issue of the Chalice magazine.
With record heat engulfing the West for the past couple of weeks and temperatures topping 100 degrees in California, Oregon, Arizona, Nevada and Utah (https://ibn.fm/Und6A), people are searching for relief. Chalice Brands (CSE: CHAL) (OTCQB: CHALF) has an answer: Beat the heat this summer with temperature-fighting cannabis. According to a Chalice magazine article, titled “Cannabis Is Really Cool,” there is good news for cannabis enthusiasts who are sweltering in the sun. “Our favorite plant might keep you feeling calm, cool and collected,” the article reports (https://ibn.fm/M0eX9). “In addition to getting you high, cannabis can keep you cool. Science guides us to a few different physiological mechanisms that allow cannabis to help lower body temperatures. “Cannabinoids, compounds found in cannabis, can interact with the hypothalamus and endocannabinoid system and subsequently impact temperature regulation while also occupying the vanilloid receptor family (TRPA-1. TRPM8, etc.),” the article continues. “If you missed the vanilloid receptor family lesson in biology class, don’t worry, we did too. But now, thanks to our interest in cannabis, we know the vanilloid receptors alter our perception of heat and pain and, therefore when also engaged by cannabinoids, may numb our sensation of heat and feeling hot. “Of course, we do not suggest that you only turn to cannabis if you’re feeling overheated,” the article concluded. “Be the reasonable, intelligent adult we know you are, and make sure you’re doing things like drinking water and finding shade or air conditioning. But hey, if this is another excuse to consume a little bit more cannabis, we’ll take it!” The cannabis cooling article isn’t the only thing worth reading in the summer issue of the Chalice magazine. The online publication also shares tips for eating edibles for those who are new to the world of cannabis, five ways to incorporate cannabis into summer plans, and an ooey-gooey chocolate chip recipe—which includes a couple of cannabis ingredients, of course. For Oregonites who want to test the cannabis cooling theory for themselves, Chalice is building a strong presence in Oregon. A premier consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, Chalice has 12 dispensaries in Portland, Oregon. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness. Chalice operates nationally through Fifth and Root and has operations in Oregon and California. To learn more about this company, visit www.ChaliceBrandsLtd.com. NOTE TO INVESTORS: The latest news and updates relating to CHALF are available in the company’s newsroom at https://ibn.fm/CHALF

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) to Benefit from Surge in Silver Investment Demand

  • Silver prices rose by 29% YoY in 2020, led by an 8% increase in physical investment demand
  • The World Silver Survey 2021 has forecast total silver demand to rise by 15% in 2021 to 1.03 billion ounces, with industrial silver consumption set to bounce back by 8% YoY
  • The rosy demand outlook contrasts against silver’s tenuous supply profile, with annual mining production declining for a fourth consecutive year in 2020
  • Excellon Resources is among the leaders in the search for new silver deposits, with a precious metals growth pipeline that includes: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high quality gold development project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history and no modern exploration
Silver has long been recognized as the world’s best conductor of energy, and electric vehicles as well as solar power-led photovoltaics are set to serve as major demand drivers for the metal over the coming years (https://ibn.fm/nQVtP). Nonetheless, the onset of the pandemic and resulting slowdown in global economic conditions led industrial silver demand to fall by 5% in 2020 to a five-year low of 486.8 million ounces, a decline which was countermanded to a certain extent by a sharp increase in physical investment demand for the precious metal. In fact, investor demand for silver bars and coins rose by 8% last year to a four-year high of 200.5 million ounces. Resurgent industrial demand in 2021, coupled with ongoing physical investment demand, are set to bode positively for companies such as Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany. The Silver Institute’s World Silver Survey 2021 revealed that silver prices had risen by 27% between 2019 and 2020, with the precious metal trading at an annual average of $20.55 an ounce over the past year. The price rally was largely fueled by a surge of net inflows into silver-backed exchange-traded products (“ETPs”), with investment vehicles seeing underlying holdings of the precious metal rise by 331.1 million ounces over the course of 2020 (https://ibn.fm/LvXzw), taking overall global holdings above one billion ounces for the first time since ETPs were first introduced in 2006. Remarkably, the rise in investment demand came amidst an 85% plunge in Indian silver investment demand, traditionally a mainstay of global investment demand for the precious metal. The World Silver Survey has forecast a rise in total silver demand in 2021 of 15% to 1.03 billion ounces, with industrial demand set to rebound by 8% year-over-year. However, the rosy demand outlook contrasts against the commodity’s rapidly declining supply profile. In 2020, global mine production registered its fourth consecutive annual decline, with silver output declining by 5.9% to 784.4 million ounces. The decline was primarily driven by a reduction in production from primary silver mines. These mines, which accounted for 27% of total silver production last year, saw output fall by 11.9% year-over-year to 209.4 million ounces. This decline was further exacerbated by temporary mine closures across a host of major silver producing countries in the first half of 2020 (https://ibn.fm/C7Bix). An ongoing reduction in global mine output has lent more urgency to the search for fresh silver supplies. Excellon Resources has been a key driver of the movement, currently working towards developing a precious metals growth pipeline across a diverse range of geographies including Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality gold development project in Idaho boasting strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany. A dearth of new silver deposit discoveries, coupled with resurgent industrial and physical investment demand, may eventually lead to a production squeeze for the precious metal. Should that eventuality come to fruition, Excellon Resources looks well positioned to capitalize on it. 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

Grapefruit USA Inc. (GPFT) Provides Status Update on Joint Venture, Possible Acquisition

  • Earlier this year, Grapefruit was approached by a Canadian cannabis company about a potential acquisition.
  • A series of events have delayed the process.
  • Final decisions, details should be discussed in the next 30–60 days.
Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed, California-based cannabis company, is providing clarification regarding its previously announced potential acquisition transaction by a Canadian cannabis company (https://ibn.fm/g8yCF). Earlier this year, Grapefruit announced that it had been approached by a Canadian cannabis company to enter into discussions concerning a potential acquisition transaction (https://ibn.fm/FitM6). At the time, Grapefruit CEO Bradley J. Yourist noted that “Grapefruit is not surprised to be approached concerning a potential acquisition, in light of the company’s recent disclosure concerning its 714% year-over-year revenue increase; the public reaction to the company’s patented, disruptive Hourglass(TM) THC/cannabinoid delivery cream; and recent announcements by U.S. Senate Majority Leader Chuck Schumer concerning prioritization of the federal legalization of cannabis by descheduling THC.” Following that initial announcement, Grapefruit issued a series of follow-up announcements noting further progress of the potential acquisition, including the development of a memorandum of understanding (“MOU”) that sets forth terms under which the parties could enter into a joint venture to jointly manufacture, distribute and market Grapefruit’s products (https://ibn.fm/eLuE5) as well as an announcement that the potential Canadian partner had scheduled a special shareholder’s meeting to consider the proposed joint venture and other corporate matters (https://ibn.fm/maAvq). At the shareholder meeting, the Canadian partner’s shareholders elected new directors and approved the acquisition of a Canadian-based hemp cultivator. Those actions triggered a change in control of the Canadian partner; as a result, the company had to submit new filings to the Canadian Stock Exchange and the formal joint venture agreement and further acquisition discussions were postponed pending acceptance of the filing by the CSE, which the Canadian partner expects in the very near future. “While Grapefruit was, of course, disappointed by the delays occasioned by our counterpart’s corporate action (which were in progress before our discussions commenced), we believe it was in the best long-term interests of Grapefruit and its shareholders to accept a pause while the Canadian partner concluded its corporate actions,” Yourist said. “Now we move forward. “As we have stated before, a joint venture may precede without precluding an acquisition. Execution of the MOU moved the entire process forward, as we now more clearly understand each other’s overall goals and priorities as well as the capital requirements and legal, regulatory and logistical challenges of finalizing a joint venture and/or an acquisition,” Yourist continued. “We expect to bring the process forward to the point of making a decision in the next 30–60 days. Once again, that being said, we wish to emphasize that the discussions reported here, although substantive and largely positive, remain preliminary in nature and may be terminated at any time. Grapefruit will update the public as necessary on any material joint venture or acquisition developments as events proceed.” Grapefruit holds California permits and licenses to both manufacture and distribute cannabis products in the Golden State. The company’s extraction laboratory and manufacturing and distribution facilities are located in the industry-recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, located on the extension of North Canyon Road, approximately 14 miles north of downtown Palm Springs. Grapefruit’s flagship product — Hourglass time-release delivery cream — features cutting-edge science and technology that solve the age-old problem of THC and other cannabinoids not being easily absorbed through the skin. The topical cream uses patented microsized particles to slowly deliver THC and a wide range of cannabinoids through skin topical administration. No other topical cream product on the market provides users with the holistic benefits of the range of cannabinoids found in Hourglass. To find out more about the company and its game-changing Hourglass time-release cannabinoid delivery cream, please visit www.GrapefruitBlvd.com. NOTE TO INVESTORS: The latest news and updates relating to GPFT are available in the company’s newsroom at https://ibn.fm/GPFT

Hero Technologies Inc. (HENC) Moves to Strengthen Position in Billion-Dollar Market

  • Sales milestone represents licensees’ ability to successfully support a safe, accessible and effective adult-use industry
  • Billion-dollar mark was reached despite 60-day shutdown of recreational cannabis industry due to COVID-19
  • Earlier this year, Hero Technologies formed MassCannabis to explore potential opportunities, projects in the state
Late last year, the nonmedical cannabis market in Massachusetts hit a significant milestone: $1 billion in sales since the state voted to legalize the substance — this even though the state was one of only a handful that closed cannabis shops for a period of time because of COVID-19 (https://ibn.fm/HaVli). Sales in the space have continued strong in 2021, and Hero Technologies (OTC: HENC) is strengthening its position in the state through its new wholly owned subsidiary, MassCannabis LLC. “According to the Cannabis Control Commission, 80 Massachusetts marijuana retailers, as of Oct. 30, reported $1,000,521,905 in sales since stores opened in November 2018,” reported the “Boston Business Journal,” which noted that the sales milestone represents licensees’ ability to successfully support a safe, accessible and effective adult-use industry as well as resulting tax benefits that will have a significant impact on communities throughout the commonwealth. “‘These numbers also speak to commission licensing and enforcement staff working around the clock to make sure these businesses and their products comply with all of our regulations, especially the health and safety provisions,” said Commission Chairman Steven J. Hoffman in the article. The article also observed that the milestone was reached despite a 60-day shutdown of the recreational cannabis industry earlier this year due to the coronavirus. “Through June, the state had reported $122 million in tax revenue,” stated the article. “At $1 billion in sales, the state is on pace to collect $200 million in taxes for the state and local municipalities. Revenue comes from a 6.25% sales tax, a 10.75% excise tax, and local option tax for cities and towns, up to 3%.” The article also noted that the sales come from 97,412 different products. With the potential of the Massachusetts market in mind, Hero Technologies announced in March that it had formed a subsidiary, MassCannabis, to seek property or land acquisition opportunities in the state of Massachusetts as well as potentially initiate dispensary projects (https://ibn.fm/GE4fk). “In forming our new MassCannabis subsidiary, we have taken another key step in executing our growth strategy as a multi-state operator (‘MSO’) and diversified our vertically integrated business model,” said Hero Technologies CEO Gina Serkasevich. “Massachusetts is clearly a fast-growing cannabis market, and expanding our footprint there would extend our geographical reach in the U.S. and diversify our addressable market.” With U.S. and Massachusetts numbers showing significant growth, Hero Technologies appears to be ideally positioned in the burgeoning market. “We are growers and cultivators, developers, builders, engineers, marketers, and managers all here to serve Hero Technologies Inc. as we rapidly develop the largest vertically integrated cannabis company the world has ever known,” the company website proclaims (https://ibn.fm/xYP6Y). And while that statement may seem lofty, a closer look at the company reveals a portfolio of companies that provide superior cultivation and dispensary assets. HENC’s portfolio includes a majority stake in BlackBox Systems and Technologies LLC., an aeroponic cannabis cultivation system that provides optimal conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased efficiencies. In addition to its expansion into Massachusetts, Hero Technologies is planning expansion in cultivation and dispensary operations into Colorado through its wholly owned subsidiary Mile High Green LLC. Hero Technologies Inc. is a cannabis company working toward a vertically integrated business model. The company’s strategic business plan includes cannabis genetic engineering, farmland for both medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, and retail and dispensary operations that make the company a multistate operator. For more information, visit the company’s website at www.HeroTechnologiesInc.com. NOTE TO INVESTORS: The latest news and updates relating to HENC are available in the company’s newsroom at https://ibn.fm/HENC

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