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Sugarmade Inc. (SGMD) Makes Mark in Expanding LA Cannabis Delivery Space

  • Cannabis sales in California hit $4.4 billion last year, up 57% from the year prior.
  • Consumers are relying on home delivery for many goods, including cannabis.
  • With its Nug Avenue acquisition, SGMD plans to make significant impact on LA cannabis delivery marketplace.
Boasting the largest state economy in the country and the sixth largest economy in the world, California also tops the global marijuana market, with a Forbes article reporting that cannabis sales in the state hit$4.4 billion last year, up 57% from the year prior (https://ibn.fm/Dj8Rl). With much of that growth driven by increased use of delivery services as consumers are increasingly relying on home delivery for many goods, including cannabis, Sugarmade Inc. (OTC: SGMD) is leveraging its position as a 70% stakeholder in NUG Avenue, a cannabis delivery service based in Southern California. Cannabis delivery is key to California’s cannabis growth, according to the Forbes article, which noted that “interesting findings from the report include the massive influx in delivery sales, as well as consumers who used delivery for the first time this year. The peak for first-time delivery users was March and April 2020, coinciding with lockdowns. Many cannabis industry operators saw the most consistent April sales ever. Eaze reports a 59% increase in new customer sign-ups, a 44% increase in first-time deliveries and a 15% increase in order volume.” Those numbers come as no surprise to Sugarmade, an innovator in the dynamic California cannabis scene that has made a significant investment in the cannabis-delivery space. Earlier this year, SGMD announced its Nug acquisition, along with unveiling a new business initiative for the licensed delivery of cannabis products to consumers in the Los Angeles metropolitan area (https://ibn.fm/2iQUN). “We strongly believe the LA delivery market is the prime spot for expansion of our business,” said Sugarmade CEO Jimmy Chan. “California is the world’s sixth-largest economy, and LA County is by far the most significant driver, with over 25% of the state’s population. The Lynwood, California, site is optimal, as it is located along one of the major distribution freeways, allowing drivers to efficiently reach the more than 15 million consumers that live within a 30-mile radius of the new location. We plan to make a big impact on the LA cannabis delivery marketplace.” Sugarmade’s acquisition agreement, which outlines a 70% stake in the Lynwood, California, operations of Nug Avenue, a California corporation, also indicates the company will recognize 70% of the revenues and profits from Nug Avenue’s Lynwood delivery service operations. In addition, the agreement gives SGMD first rights of refusal on all future investments into Nug Avenue and an option on all future business operations, including expansion into additional delivery areas. Sugarmade Inc. is a product and branding marketing company investing in operations and technologies with disruptive potential. In addition to its financial interest in the BudCars brand, SGMD’s brand portfolio includes NUG Avenue, CarryOutsupplies.com and SugarRush(TM). To learn more about Sugarmade, please visit www.sugarmade.com. NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://ibn.fm/SGMD

BAND Royalty Establishes Music NFT Ecosystem to Trade Royalties, Collectible Artistry

  • Singapore-based fandom fintech firm BAND Royalty has introduced its revolutionary music NFTs that include a royalty revenue-sharing platform
  • The NFTs’ art DeFi utility features royalties from select songs by popular artists including Cher, Beyonce, will.i.am and Justin Timberlake
  • The NFTs are produced as “albums” of differing degrees of rarity and staking power
  • Art NFTs, including those anchored to the music industry, have been growing in popularity in recent years and BAND is the first company to establish its own music-only NFT trading marketplace
By now the cat is well out of the bag that non-fungible tokens (“NFTs”) are trending with a growing role in the music industry, catering to fans’ desires to hold collectibles representing their favorite artists but also to fans’ hopes of turning a little profit on the collectibles trading scene (https://ibn.fm/v9p7B). The rise of music NFTs follows on the heels of low-tech vinyl recordings’ resurgence over the past 15 years, accelerated to overdrive during the past year’s pandemic conditions as an apparent result of fans’ desires for art that transcends the listening experience — especially in the absence of concert events. A report by VICE noted that the vinyl market grew 28.7% in 2020, outperforming CDs in revenues for the first time since the 1980s and stressing the supply chain (https://ibn.fm/LCA0Y). Singapore-based BAND Royalty is disrupting the music industry revenue stream as the first creator of a music-only NFT marketplace tied to the royalties from leading artists. The NFTs will soon be tokenized to allow even more people to get involved. BAND Royalty issued its first series of 3,000 NFTs in May, beginning with a private pre-sale and then open public access to the remaining NFT “albums.” BAND’s NFT marketplace can be found on its website, where three additional series of NFT albums will also appear during the coming year, each with 3,000 new NFTs of varying rarity and staking power to comprise 12,000 BAND NFTs in total once the rollout is completed. The NFTs can be staked in royalty pools established by the company, meaning they are secured to the platform without the option of being traded elsewhere for a specified period of time. The pools include the opportunity for stakeholders to share a percentage of the royalty revenues derived from select pieces of music as they are either performed mechanically or publicly, sold in printed form or synchronized with visual media such as film, advertisements and video games. BAND has purchased these royalty rights for selections by artists including Cher, Beyonce, will.i.am and Justin Timberlake for the current series. The NFTs feature digital works of art that may enhance their value as collectibles that can be traded or sold to other fans. “What we’re doing with non-fungible tokens is so off the charts that no one has seen it before,” BAND co-founder Noble Drakoln said during a live-streamed raffle of one of the NFT “albums” May 27 (https://ibn.fm/l4FZQ). “What we decided to do is to make a full-blown eco-system. The NFTs are the base of system. … We really wanted to make sure that we had from day one a global enterprise that was already crypto accessible. Because as we expand in this ecosystem our goal is just to make the process of collecting music royalties a lot more transparent for the artists and to get them to their fans a lot faster.” For more information on BAND Royalty, visit the company’s website at www.BandRoyalty.com. NOTE TO INVESTORS: The latest news and updates relating to BAND are available in the company’s newsroom at https://ibn.fm/BAND

Sugarmade Inc.’s (SGMD) Acquisition Strategy Moves Company Closer to Realizing Full Farm-to-Door Model

  • Most recently SGMD signed MOU to obtain three non-storefront California cannabis licenses.
  • Sugarmade plans to open three new Nug Avenue cannabis delivery hubs in the Los Angeles metro area.
  • In May, the company completed the acquisition of Lemon Glow Company Inc., along with all of its assets, interests, property and rights.
In a series of strategic acquisitions, Sugarmade Inc. (OTC: SGMD) has strengthened its position as a growing presence in the California cannabis sector. The company, which is currently a central player in the state’s expanding cannabis delivery space, is focused on developing a full farm-to-door vertically integrated cannabis business. In the company’s most recent move, Sugarmade signed a memorandum of understanding to obtain three non-storefront California cannabis licenses from the Los Angeles Department of Cannabis Regulation, along with corresponding licenses from the California Bureau of Cannabis Control (https://ibn.fm/U63Am). Combined, the licenses provide the foundation for the opening of three new Nug Avenue cannabis delivery hubs in the Los Angeles metro area; Sugarmade currently owns a 70% stake in NUG Avenue, a cannabis delivery service based in southern California that offers hand-selected, top-shelf cannabis products. “Our first Nug Avenue location has been a tremendous success, but we need to expand due to overwhelming demand,” said Sugarmade CEO Jimmy Chan. “Holding these licenses will provide an optimal solution to our current growth limitations. By using these licenses to cover manufacturing, distribution and delivery, we hope to further develop our fully vertical approach to the dynamic California cannabis delivery market. With this agreement, we gain the potential to manufacture and package our own cannabis products, distribute them to multiple Nug Avenue locations, and then deliver them right to the front door of our loyal customer base, driving both top-line and bottom-line growth potential as we expand our footprint in this rapidly growing space.” Just a month earlier, in May, Sugarmade completed the acquisition of Lemon Glow Company Inc., along with all of its assets, interests, property and rights; a key piece of the acquisition included 640 acres of Lake County real estate located outside of the commercial cannabis cultivation exclusion zones (https://ibn.fm/kQ4Sg). According to the company, 32 acres of the property have already been designated for outdoor cannabis cultivation, and the annual potential cultivation yield at the property is estimated to be approximately 4,000 pounds of dry trimmed cannabis flower per acre per year, which represents approximately 128,000 pounds, or 64 tons, of dry trimmed cannabis flower per year in total. “This step brings us closer to closing the loop on what we believe to be one of the most promising vertically integrated cannabis models in the thriving California market,” said Chan. “We are setting the stage to improve margins while expanding end-market access, and to grow, refine, produce, distribute, sell, and home-deliver top cannabis products in the largest and fastest growing cannabis market on the planet. This acquisition positions us to achieve that objective with a significant capacity to scale as demand for our products and services grows over time.” Sugarmade Inc. is a product and branding marketing company investing in operations and technologies with disruptive potential. In addition to its financial interest in the BudCars brand, SGMD’s brand portfolio includes NUG Avenue, CarryOutsupplies.com and SugarRush(TM). To learn more about Sugarmade, please visit www.sugarmade.com. NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://ibn.fm/SGMD

Energy Fuels (NYSE American: UUUU) (TSX: EFR) Makes First Shipment to Neo Performance Materials Inc. (TSX: NEO) in Emerging US-Based Rare Earth Supply Chain

  • The first container of mixed RE carbonate has been shipped from the United States to Europe.
  • The announcement marks important achievement, not only for UUUU and NEO, but also for U.S. government efforts to restore critical rare earth supply chains.
  • Energy Fuels is the only North American company that currently produces a monazite-derived, enhanced rare earth material.
A milestone has been reached in the quest to create a new rare earth supply chain based in the United States. Energy Fuels (NYSE American: UUUU) (TSX: EFR) and Neo Performance Materials (TSX: NEO) have announced that the first container of mixed rare earth (“RE”) carbonate has been shipped from UUUU’s White Mesa Mill in Utah to NEO’s rare earth separation facility in Estonia, creating a new United States-to-Europe rare earth supply chain. “Today, Energy Fuels and Neo took significant steps toward restoring critical U.S. and European rare earth supply chains,” said Energy Fuels president and CEO Mark S. Chalmers. “Energy Fuels has methodically ramped up our mixed rare earth carbonate production since we first started feeding Georgia monazite ore into our Utah mill in March. “Successfully producing this rare earth product, and physically delivering the first containers of rare earth carbonate to Neo, is an important achievement, not only for Energy Fuels and Neo, but also for U.S. government efforts to restore critical rare earth supply chains,” Chalmers continued. “This is also very good news for end users of rare earth products in the U.S., Europe, Japan and elsewhere who seek alternative sources of rare earths produced in the U.S. and Europe to the highest global standards of environmental protection and sustainability.” The initial container, approximately 20 tonnes of product, is the first of 15 containers expected to be shipped to Estonia in the coming weeks. The new supply chain begins in the state of Georgia, where Chemours (NYSE: CC) mines natural monazite sand ore, or monazite, that contains both the rare earth elements and naturally occurring uranium. The rare earth elements are then processed into RE carbonate by UUUU’s White Mesa Mill before it is shipped off to Estonia and separated into rare earth oxides and other value-added rare earth compounds. This commercial-scale process has established Energy Fuels as the only company in North America that currently produces a monazite-derived, enhanced rare earth material, and the shipment of the product represents the beginning of a new, environmentally responsible rare earth supply chain. This new supply chain could benefit manufacturers of electric vehicles (“EVs”), renewable energy systems and other users of rare earths in North America, Europe and Japan, as well as other nations. “The launch of this new supply chain is a real gamechanger for Neo and our growing customer base in Europe,” said Neo’s CEO Constantine Karayannopoulos. “This innovative U.S.-to-Europe supply chain will supplement Neo’s existing rare earth supply from our long-time Russian supplier. It will enable Neo to expand value-added rare earth production in Estonia to meet growing demand in Europe for these materials. It begins to unlock the extraordinary economic and environmental potential presented by utilizing low-cost rare earth feedstock from monazite ore that is a byproduct of existing mining. And it helps Neo ramp up rare earth production in Estonia just as Europe accelerates vehicle electrification and other initiatives aimed at mitigating climate impacts.” Energy Fuels is the leading uranium mining company in the United States; the company also produces vanadium from certain of its projects, and it was the nation’s largest producer of this critical mineral in 2019. Vanadium is used in steel, master alloys and emerging utility-scale batteries, with prices up more than 70% this year. Headquartered in Denver, Colorado, UUUU holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. For more information, visit the company’s website at www.EnergyFuels.com. NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

HempFusion Wellness (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO) Portfolio Rising Amid Consolidation Trend in CBD Market Sector

  • HempFusion Wellness is raising its profile as a CBD-focused health and wellness innovator as it continues to acquire other promising industry players.
  • The passage of the U.S. Farm Bill in 2018 drove a fiercely competitive market for hemp-based CBD but a significant decline in the market during the past year’s pandemic has driven a consolidation of brands.
  • HempFusion recently completed full acquisition of Sagely Enterprises Inc. (“Sagely Naturals”), which will boost HempFusion’s retail channel by 14,000 outlets.
  • CBD remains a go-to option for many Americans seeking relief from post-workout soreness and relaxation. HempFusion’s OTC topicals are designed to meet consumer needs for pain, acne and eczema, while their CBD support capsules offer overall wellness and/or targeted support for sleep, stress or energy.
The trend toward merger and acquisition activity throughout the market for cannabidiol (“CBD”) products reflects a maturation of the fragmented sector and is generating optimism that the brands emerging from this transitional phase will be well equipped to grow during the coming years. “Thirty-five-hundred brands cannot be supported — period — in this industry,” HempFusion Wellness, Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) co-founder and CEO Jason Mitchell told Natural Products Insider in a recent interview acknowledging the number of brands has dropped to 2,000 (https://ibn.fm/BVdqa). “There just isn’t enough consumer interest. It just doesn’t make sense at all.” Mitchell has been bullish about consolidation since just before the global sweep of the COVID-19 virus began battering CBD store fronts and larger national markets in general. HempFusion acquired Probulin Probiotics LLC, in 2019 and has since gone on to announce the proposed 100% acquisition of the holdings company that owns the Apothecanna CBD line (https://ibn.fm/mp9wQ) and, most recently, the completion of its acquisition of Sagely Enterprises Inc. (“Sagely Naturals”), a producer of premium CBD products with mass distribution in more than 14,000 retail outlets nationwide (https://ibn.fm/oI21a). Brightfield Group market analysts Managing Director Bethany Gomez told Natural Products Insider that Hemp-based CBD sales grew 560% in 2019 on the heels of the December 2018 passage of Farm Bill legislation legalizing once-banned hemp production and sales across the United States, but in 2020 the sector’s growth dropped to just 11%. HempFusion’s emphasis on regulatory compliance for hemp-derived products worldwide and its efforts to identify lucrative subsidiary markets are positioning the company to take advantage of ongoing growth in the $4.6 billion channel, which Brightfield expects to bump up to 15% this year for an outcome of $5.3 billion by year’s end. HempFusion ended 2020 with more than $4.19 million in net revenue but expects that number to more than triple in 2021, according to the Sagely announcement. And as advocates continue to push federal marijuana legalization under a newly strengthened Democratic administration (https://ibn.fm/1B6sb), hemp growers are hopeful that any strengthening of marijuana’s profile at the state or federal level will boost de-stigmatization of CBD products in areas where consumers have continued to remain wary thus far because of non-intoxicating hemp’s close familial relationship to the intoxicating hemp that produces marijuana (https://ibn.fm/A6mdT) During the past decade, hemp-based CBD has gained a powerful following because of its reputed usefulness in easing pain and anxiety, particularly in connection with medical conditions including Parkinson’s disease, dementia, diabetes, and multiple sclerosis, as well as epilepsy in children. HempFusion’s products include over-the-counter (“OTC”) therapeutics in the form of topicals, as well as CBD capsules for targeted support, CBD oils and skin-soothing creams, all made using their uniquely pure, organically produced whole food hemp extract. For more information, visit the company’s website at www.hempfusion.com/corporate-information. NOTE TO INVESTORS: The latest news and updates relating to CBDHF are available in the company’s newsroom at https://ibn.fm/CBDHF

InnerScope Hearing Technologies Inc. (INND) Is ‘One to Watch’

  • InnerScope is a direct-to-consumer manufacturer, distributor and retailer of FDA-registered Bluetooth app-controlled self-adjusting hearing aids and personal sound amplifiers products, doctor-formulated dietary hearing and tinnitus supplements, and assorted hearing and health-related products targeting approximately 70 million Americans suffering from hearing-related problems
  • The company provides ear care and cleaning solutions for a total packaged service
  • Free hearing testing can be completed on the company’s website and on the app to determine if hearing loss has occurred and if a hearing aid or sound amplification device is the best fit
  • The company’s self-service fully automated hearing screening kiosks target an additional 41 million Americans who may not have access to an audiologist – also doubling as a point-of-sale system for the InnerScope hearing aid products
  • InnerScope’s self-service fully automated hearing screening kiosks will be deployed in big box retailers, grocery stores, pharmacies and other public spaces; InnerScope has received interest from dozens of businesses and has already numerous signed contracts to launch hearing screening kiosks in the coming months in over nine states
  • InnerScope has been in the retail hearing device business for over 70 years; each member of its management team started in the industry at an early age
InnerScope Hearing Technologies (OTC: INND) is a Nevada corporation incorporated on June 15, 2012, with its principal place of business in Roseville, California. The company was initially started in 2006 – operating as InnerScope Advertising Agency Inc. – to provide advertising and marketing services to retail establishments in the hearing device industry. On August 25, 2017, the company changed its name to InnerScope Hearing Technologies Inc. to better reflect its current direction as a hearing health technology company that manufactures, develops, distributes and sells numerous innovative hearing health-related products, hearing treatments and hearing solutions, direct-to-consumer (“DTC”) through a scalable business model. The company is a manufacturer and a distributor/retailer of DTC, FDA (U.S. Food and Drug Administration) registered, Bluetooth app-controlled hearing aids and personal sound amplifier products (“PSAPs”), hearing-related treatment therapies, doctor-formulated dietary hearing supplements, proprietary CDB oil for treating tinnitus and assorted hearing and health-related products targeting approximately 70 million Americans suffering from hearing-related problems. The company’s mission is to improve the quality of life of the 70 million people in North America and the 1.5 billion people worldwide who suffer from hearing impairment and/or hearing-related issues. The management team of InnerScope is applying decades of industry experience and believes it is well-positioned, with its innovative in-store point-of-sale Free Self-Check Hearing Screening Kiosks (“Hearing Kiosks”), to directly benefit when the Over the Counter (“OTC”) Hearing Aid Act (the “OTC Hearing Aid Law”) is enacted (expected in late 2021 based on the President’s Executive Order issued on July 9, 2021) The OTC Hearing Aid Law allows OTC hearing aids for perceived mild-to-moderate hearing losses to be sold in retail stores without having to see a professional. InnerScope’s Hearing Kiosk is designed to help the tens of millions of Americans with undetected/untreated mild-to-moderate hearing loss treat themselves with the company’s easy, convenient and affordable OTC hearing aids, in-store and/or online. Industry Game-Changer – New Emerging Market with 48 Million Potential Customers The following is sourced from The White House Fact Sheet detailing an Executive Order from President Biden aimed at saving Americans with hearing loss thousands of dollars by allowing hearing aids to be sold over the counter at drug stores: “Hearing Aids: Hearing aids are so expensive that only 14% of the approximately 48 million Americans with hearing loss use them. On average, they cost more than $5,000 per pair, and those costs are often not covered by health insurance. A major driver of the expense is that consumers must get them from a doctor or a specialist, even though experts agree that medical evaluation is not necessary. Rather, this requirement serves only as red tape and a barrier to more companies selling hearing aids. The four largest hearing aid manufacturers now control 84% of the market.” On July 9, 2021, President Biden noted the following in reference to his Executive Order relating to hearing aids: “Right now, if you need a hearing aid, you can’t just walk into a pharmacy and pick one up over the counter. You have to get it from a doctor or a specialist. Not only does that make getting hearing aids inconvenient, it makes them considerably more expensive, and it makes it harder for new companies to compete, innovate and sell hearing aids at lower prices.” “As a result, a pair of hearing aids can cost thousands of dollars. That’s a big reason why just one in seven Americans with hearing loss actually use a hearing aid.” InnerScope Game-Changers For InnerScope, this Executive Order could present a significant opportunity. The company is uniquely positioned with a number of strategic advantages and offerings in the space, including:
  • First to Market: Free self-check hearing screening kiosks deployed in national pharmacy chains, big-box retailers & national and local groceries chains
  • Online Hearing Screening Tests: For national retailers to use their websites to attract more customers in conjunction with the company’s in-store hearing kiosks
  • The HearIQ App for iOS and Android users: Offers a free self-check hearing test and provides a user control function for InnerScope’s Bluetooth app-controlled self-adjusting rechargeable hearing devices
  • Customer Monthly Subscription Model: Offering the lowest, most affordable monthly payment options (as low as $42 per month for pair of rechargeable, app-controlled hearing aids) for consumers to purchase hearing aids and receive free upgrades every two years
The In-Store Hearing Screening Kiosks and Online Free Hearing Screening Tests Innerscope’s hearing screening kiosk and online hearing screening tests offer free self-check hearing evaluation using the world’s first “Hearing Triage” artificial intelligent pattern recognition software, which has a unique ability to classify both level (degree of loss) and pattern (type of loss). In addition, the software can detect the probable location of the hearing problem and its degree of severity. The tests are developed as a hearing wellness tool to help track hearing ability and (if tests results indicate a hearing loss) make recommendations for in-store point of sale or online purchase of one of InnerScope’s hearing devices, as well as providing recommendations to see one of the professionals in InnerScope’s local contracted network of hearing health care experts for further follow-up testing if necessary. The software also generates an audiometric report which is instantly emailed to the customer. The HearIQ App InnerScope is the creator of the HearIQ App, which offers free self-check hearing tests and provides a user control function for InnerScope’s line of Bluetooth app-controlled self-adjusting rechargeable hearing devices. InnerScope developed the free hearing test part of the HearIQ App to help with the early detection of hearing loss for the 1.5 billion people worldwide who have untreated hearing loss or some form of hearing issues that may be undetected and do not have access to a computer for InnerScope’s online hearing screening test. Hearing Aid Products Through its dedicated online store, MyHearIQ.com, InnerScope offers affordable, direct-to-consumer, Bluetooth app-controlled, self-adjusting hearing technology to empower consumers to take control of their hearing care. InnerScope’s hearing technology allows the customer in less than 10 minutes using any smartphone to personalize each hearing device to their hearing needs using an onboard in-ear custom-fit self-testing feature through the HearIQ App. InnerScope is shifting hearing health care from traditional brick-and-mortar hearing care clinics to customers’ homes by providing a unique solution to give customers top quality, affordable access to hearing aids without the need to see a hearing professional or go to a hearing care clinic. As a result, InnerScope can deliver the same level and quality of hearing technology and expert support for the customer from their homes at a fraction of the cost of traditional channels. All InnerScope hearing aid devices are medical-grade and available with professional remote programming and support services from one of the company’s licensed hearing professionals through the HearIQ App. Hearing & Tinnitus Dietary Supplements InnerScope has developed a proprietary line of doctor-designed hearing & tinnitus dietary supplements to help people with hearing problems protect themselves from future hearing issues. There are currently three types of formulas to choose from, including Ear-Ring Relief for the 60 million Americans who suffer from tinnitus, HearingVite + Memory Boost for people with hearing loss and cognitive issues, and HearingVite + Multivitamin for maintaining proper hearing health and levels of nutrients. Complete Line of Hearing Health Care Products InnerScope offers a brand label of assorted ear care and hearing aid maintenance products. In support of overall ear health and ensuring maximum performance from its hearing aids and comfort for its customers, InnerScope provides a whole line of care items, including cleaning kits, wipes, spray and drying tablets, ear cleaner for wax removal, a natural lubricant agent for new hearing aids and hydrating lubricating ear gel. Verified Wholesale and Direct-to-Consumer Sales InnerScope is a verified wholesaler with Walmart for premium affordable direct-to-consumer hearing aids, personal sound amplification and hearing health accessories. InnerScope also created an easy shopping experience for its hearing and tinnitus vitamins through Walmart and Amazon Prime. With new partnerships in the works, the company aims to add other online and brick-and-mortar establishments to its vitamin distribution network in the future. Hearing Aid Market Outlook The global hearing aid market is expected to reach $11.02 billion by 2028, growing at a CAGR of 7.4% during the forecast period. This marks a significant increase from the $6.47 billion value reported in 2020, an increase largely driven by innovations being made in hearing aid technology (https://ibn.fm/bRWUb). As a leading wholesale provider and direct-to-consumer business, InnerScope is positioned to disrupt the global hearing aid market. Its partnerships with some of the United States’ largest retail distributors and wholesalers are only strengthening the company’s position within the industry. Management Team Matthew Moore is the President and CEO of InnerScope Hearing Technologies Inc. He grew up in the hearing health industry, working alongside his grandfather through internships and mentorships. At the age of 10 years old, he became Chief Marketing Officer and Chief Operating Officer of his parent’s private hearing aid practice, the largest in Northern California and the second largest in the state. Matthew has shown his leadership ability by creating distribution partnerships with big industry names and independent retailers/pharmacies. Kim Moore is the Chief Financial Officer of InnerScope Hearing Technologies Inc. She has worked in the hearing aid industry for over 45 years, helping her father maintain his hearing aid practice in Central Valley, California. She began working on marketing with her father at the age of eight, learning that no customer walks through the door without proper advertising and marketing. As a licensed hearing instrument specialist, Kim has given hearing tests to more than 30,000 people. Mark Moore is the Chairman and Co-Founder of InnerScope Hearing Technologies Inc. He has over 35 years of experience in hearing aid dispensing, practice management, private label brand management and hearing aid marketing. He has personally fit hearing aids to over 10,000 hearing-impaired people. In addition, he has been responsible for developing and testing proven new industry marketing and advertising methods and best practice strategies, which has made him one of the most sought-after experts in the hearing aid industry. Mark was previously a columnist for Advanced for Audiologists, a global industry publication, and served on the American Academy of Audiology (“AAA”) advisory board for AudiologyNow conventions. He has also developed patented and patent-pending nutritional supplements for hearing-related issues, aural rehabilitation programs and low-level laser therapy for tinnitus and sensorineural hearing loss. For more information, visit the company’s website at www.INND.com. NOTE TO INVESTORS: The latest news and updates relating to INND are available in the company’s newsroom at https://ibn.fm/INND

Sustainable Green Team Ltd. (SGTM) Subsidiary Mulch Manufacturing Provides Products with Full Mulch Benefits

  • Adding mulch to gardens, landscapes provides numerous advantages, including water conservation and environmental sustainability
  • SGTM was developed by combining resources of three companies that are leaders in their specialties
  • Mulch Manufacturing has product line. distribution system to address substantial customer base with significant expansion potential
In the midst of record heat across the country, smart landscape professionals and gardeners are taking advantage of the benefits of mulch, which include helping the soil retain moisture so less watering is needed (https://ibn.fm/dY9zu). Sustainable Green Team (OTC: SGTM) and its wholly owned subsidiary Mulch Manufacturing Inc. offer a wide variety of mulch products designed to provide consumers with benefits during the heat of the summer as well as all year long. “There are a number of advantages to adding mulch in your garden,” states a recent “Better Homes and Garden” article. “In the summer, mulch helps the soil hold moisture so you don’t have to water as often. In the hot sun, soil also tends to dry out faster and harden. Mulch will help protect the soil from baking in direct sunlight and keep your plants happy.” The article goes on to note that mulch prevents weeds by blocking light from reaching the soil, keeping many kinds of weed seeds from sprouting. “By adding a thick layer of mulch, you’ll ensure that the weeds never see the light of day!” the article notes. Other benefits from using mulch include an increase in soil’s structure and fertility and even environmental sustainability. “A layer of mulch can help fight climate change because covered soil holds onto carbon instead of releasing this greenhouse gas into the air,” the article notes. That’s a benefit that is of particular interest to SGTM, a company focused on sustainability. Sustainable Green Team’s vertical integration efforts begin with collecting tree debris through its tree services division and collection sites and then, through its processing division, recycling and using that tree debris as a feedstock that is manufactured into a variety of organic, attractive, next-generation mulch products that are packaged and sold to landscapers, installers and garden centers. The Sustainable Green Team was developed by combining the resources of three companies that are leaders in their specialties to create a company focused on addressing the needs of its customers with a new level of quality and cost effectiveness. Specifically, Mulch Manufacturing receives large volumes of wood fiber from SGTM’s Central Florida Arborcare to feed raw material needs. Mulch Manufacturing has the product line and distribution system to address a substantial customer base with significant expansion potential. A supplier to both wholesale and retail customers, Mulch Manufacturing offers dozens of high-quality, packages mulch products that include both natural and color-enhanced mulch products made of hardwood, cypress, pine, cedar and cypress. The company also offers SoftScape mulch, a proprietary, next-generation product the has the texture of long strings of wood fiber resembling pine straw and features an innovative colorant technology that produces a vivid, attractive appearance with color that lasts for years. The Sustainable Green Team plans to expand its operations through a combination of organic growth and strategic acquisitions that are both accretive to earnings and positioned for rapid growth from the resulting synergistic opportunities identified. SGTM’s customers include governmental, residential and commercial clients. To learn more about Sustainable Green Team Ltd., view the investor presentation at https://ibn.fm/dE2BW. NOTE TO INVESTORS: The latest news and updates relating to SGTM are available in the company’s newsroom at http://ibn.fm/SGTM

Sharing Services Global Corp. (SHRG) Preparing to Offer Enthusiastic Travelers ‘Passport to Happiness’

  • Hapi Travel Destinations finalizes branding efforts, releases stunning travel video
  • All the pieces for a successful launch are falling into place as consumers are starting to re-engage with travel
  • The new company will offer members unfettered access to tremendous savings, exclusive benefits
Sharing Services Global (OTCQB: SHRG), a publicly traded company specializing in direct-selling and other sectors, and its newest brand — Hapi Travel Destinations — are gearing up to enroll distributors and customers. In preparation, the company is finalizing its branding efforts, including releasing a new logo and tagline, as well as a stunning new video; plans for the unveiling of the travel company’s website are imminent (https://ibn.fm/cT6Iq). The launch of the new travel company is ideally timed as a nation of travelers, weary from being confined by COVID-restrictions, resumes their love for traveling. “We will be in the right place at the right time on our launch of Hapi Travel Destinations,” said SHRG CEO John “JT” Thatch. “All the pieces for a successful launch are falling into place as consumers are starting to re-engage with travel, hospitality and vacations on a regular basis this summer.” Sharing Services initially announced its new travel company earlier this year, noting that the new company is designed to be an exclusive travel club with a focus on providing a “Passport to Happiness” theme to its members and customers (https://ibn.fm/dYNMw). “The company is poised to offer a robust travel-related portfolio of products through the direct selling model and in the leisure travel arena,” the announcement stated. The announcement also noted that in order to differentiate itself from its competitors, the new company will offer unfettered access to tremendous savings and exclusive benefits to its members on a level that has not been seen in the industry before. “We have been planning to enter into this sector and consider now to be the most opportune time of all to announce this initiative,” said Thatch. “We have confidence that in the next several months people will want to start traveling again, as the current environment opens up, and we will be ready to offer the very-best-in-class products and services for them to take full advantage of their travel experiences.” The vibrant Hapi Travel Destinations travel video shares a glimpse of the amazing opportunities to come, with every frame capturing travel destinations, adventures, relationships and experiences that allow enthusiastic travelers to “live your bucket list” (https://ibn.fm/gKbuh). “I am a firm believer that a travel experience with friends and family is one of the most meaningful things you can provide your family,” said Jon McKillip, president of Hapi Travel Destinations. “Our hope is that this turnkey travel solution we’ve created will open up travel opportunities for so many consumers who were previously only able to dream about grand adventures.” As SHRG enters the travel industry, the company will leverage its proven business model to provide superior travel products and experiences through broad access to savings and exclusive benefits. 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

Lexaria Bioscience Corp. (NASDAQ: LEXX) Targeting Commercial Success with its Drug Delivery Technology

  • Lexaria is making progress with research on its DehydraTECH drug delivery technology
  • Advanced 2nd-generation DehydraTECH 2.0 formulations utilized in ongoing hypertension studies
  • The company intends to monetize its technology for commercial use
  • Its quest for commercial success also follows its move to delist from the Canada Securities Exchange (“CSE”) to focus on the Nasdaq listing
Lexaria Bioscience (NASDAQ: LEXX) continues to innovate with its DehydraTECH(TM) drug-delivery technology. It is constantly collaborating with research institutions and businesses to identify other new ways to improve its technology. So far, advanced DehydraTECH 2.0 formulations are already being used by the company in ongoing human studies. The technology is already being monetized through commercial use (https://ibn.fm/95zra). As part of its quest for growth and success, Lexaria marked its final trading day on the Canadian Securities Exchange (“CSE”) on Wednesday, July 7, 2021 (https://ibn.fm/a9N8S). The move saw the company consolidate the trading of its shares solely on the Nasdaq. Since it was listed back in January 2021, a substantial fraction of its shareholders moved onto this exchange. To them, it offered more liquidity than ever before, and to Lexaria, it presented an opportunity to realize savings in fees and managerial time. The company’s management intends to direct the cost savings resulting from this move to its applied research and development programs which would further advance the company’s business. Just earlier this year, Lexaria’s HYPER-A21-1 study resulted in the inclusion of three new DehydraTECH 2.0 formulation variations that would enable cannabidiol (“CBD”) delivery performance enhancements as well as pharmacokinetic optimization (https://ibn.fm/g2VGO). With more funding for such research, Lexaria is well-positioned to achieve even better results and better outcomes for its drug-delivery goals. Lexaria is recognized as a global innovator in drug delivery platforms. Its proprietary technology, DehydraTECH, improves how active pharmaceutical ingredients (“APIs”) are absorbed into the bloodstream through oral ingestion methods, and the effectiveness of fat-soluble active molecules. With DehydraTECH, Lexaria pushes for fast-acting, less expensive and more effective oral drug delivery that has so far been scrutinized in vitro, vivo and human clinical testing. Its revenue model is mainly comprised of licensing its DehydraTECH to various enterprises around the world, offering consumers the best possible performance across various ingestible product formats. So far, the technology is applicable for different needs that include nicotine-related oral absorption, cannabis-related absorption, antivirals and more. Currently, Lexaria is working on additional DehydraTECH 2.0 formulations in its HYPER-A21-2 study and other R&D programs. It further plans to carry out advanced research that seeks to evaluate the impacts on real-time blood pressure in animals using specific formulations pursuant of these studies. Every single move for the company is geared towards levering its technology for hoped-for global commercial use and, so far, everything seems to be on track. 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

Q1 Productions’ 10th Annual Life Science Medical & Scientific Communications Conference to Facilitate Effective Medical Communication Strategies

Date: July 27-29, 2021  Virtual Event Companies and professionals from the pharma, biotechnology, medical device and diagnostic fields are invited to attend the Q1 Productions’ 10th Annual Life Science Medical & Scientific Communications Conference being held on July 27-29, 2021. This online event will witness many industry leaders in medical communication who will share their opinions, keynotes and hold discussions on streamlining and improving communication. The conference will host case studies and group discussions addressing the techniques of integrating digital capabilities into publication operations, compliance considerations for disease awareness communications and engagement strategies for patients and external stakeholders. This online streaming conference is a great opportunity to collaborate with industry professionals to streamline and enhance medical communication operations. The event will be hosted on the dynamic Q1 Productions virtual platform that customizes the user experience by connecting attendees with their peers. Attendees will get answers to their queries while the dynamic formats ensure that participants enjoy the virtual experience. The event covers a span of 3 and half days for maximum retention and coverage of the wide spectrum of medical communications. BioMedWire (“BMW”), a technology-driven communications platform, is the media partner of the event. This digital hub connects the public to emerging market opportunities in life sciences and beyond. Important topics to be covered in the conference agenda include:
  • Impactful medical communication strategies in an evolving medical industry
  • Uses and impact of diseases exploration campaigns
  • Adapting and implementing new methods of virtual interaction and digital interaction
  • Assessing overall experiences with virtual congresses and strategies to promote HCP engagement
  • Creating engaging and impactful virtual advisory board agendas for advisory meetings
  • Understanding and addressing the future of advisory boards in hybrid meetings
  • Promoting collaboration between medical communication and cross-functional teams
  • Evaluation of content and training needs from cross-functional and local teams
  • Co-creation of unique content to ensure local and cross-functional approval/adoption
  • Determining the need for centralized vs. decentralized global teams for Cultural consideration
  • Raising awareness about the release of upcoming publications & use of personal social media accounts
  • Opportunities available to medical affairs teams with social outreach; increased social media outreach during the pandemic
Q1 productions have a Virtual Event Guide & FAQ forum for a better user experience. The mobile app Q1 Events offers all networking experiences of the virtual platform for a seamless experience. For more information about the event, please visit https://ibn.fm/0xfKV.

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SuperCom Ltd. (NASDAQ: SPCB) Further Expands U.S. Footprint with North Carolina Electronic Monitoring Contract

December 29, 2025

SuperCom (NASDAQ: SPCB), a global provider of secured e-Government, IoT, and cybersecurity solutions, continues to broaden its presence in the U.S. electronic monitoring (“EM”) market, announcing a new service provider partnership in North Carolina that extends its reach to a 15th new state entered since mid-2024. The agreement marks SuperCom’s first deployment in North Carolina […]

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