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Tech Solutions Like Those from Trxade Group Inc. (TRXD) Can Help Independent Pharmacies Thrive in the Future

  • While independent pharmacies are currently struggling due to market consolidation, there are revenue generation opportunities to be seized
  • Technological solutions can give independent pharmacies more information about their customer profiles, enabling personalized campaigns
  • Trxade Group has made it possible for small pharmacies to seek the most affordable drug sources and to also collect valuable data to optimize their performance

Competition continues to be a major challenge for small and independent pharmacies to overcome. As mass merchants try to consolidate with smaller industry representatives in an attempt to dominate the market, many of the independent pharmacies could perish, as a pharmacy outlook report suggests (http://ibn.fm/bVGHZ).

Independent pharmacies, however, can also benefit from massive growth opportunities in the years to come. When looking for such opportunities, potential clients are predominantly interested in proximity. Independent pharmacies are found within the community, and they’ve been known to provide a better, much more personalized service than some of the larger, national chains.

The pharmaceutical industry is anticipated to grow at an annualized rate of 5.7 percent through 2022. At this pace, the market will reach $393.1 billion by the end year of the forecast period, creating excellent opportunities for well-established industry representatives.

Independent pharmacies still have the capacity to generate extra revenue through modernization and the selection of integrated data analysis/management solutions. The adoption of tech offerings like those developed by Trxade Group Inc. (OTCQB: TRXD) is one of the ways to gain competitive advantage.

Trxade Group’s Trxade Exchange opens and widens distribution channels from which independent pharmacies can benefit. Users of the service can view products from manufacturers, wholesalers and buying groups. Real-time information enables independent pharmacies to benefit from the lowest prices at any given time.

The trading software’s membership has reached 10,500 pharmacies out of the 24,000 independent establishments in the U.S. By joining the Trxade Exchange, these pharmacies can compete with large pharmaceutical chains’ ability to buy in bulk and benefit from the lowest prices possible.

Through its platform, as well as the upcoming launch of other innovative products, Trxade Group is working hard to empower small, independent pharmacies. The company announced that, due to high demand, it will continue rolling out innovative products in the future. New product offerings have already been developed to offer increased data analysis capacity and better inventory/cost management.

User analytics is one of the primary tools that independent pharmacies can rely on to increase revenue (http://ibn.fm/lQEwh). When relevant information is being collected on an ongoing basis, pharmaceutical businesses can understand what motivates customers and how to optimize each individual relationship. Through access to the right information, smaller pharmacies can experiment with pricing policies, promotional campaigns and loyalty programs that are bound to generate repeat business.

Trxade Group is an integrated pharmaceutical service company that offers a unique combination of web-purchasing capabilities for transactions between independent pharmacists and drug distributors, a network of pharmacies with E-HUB software, a specialty pharmacy and warehouse and drug delivery services.

For more information, visit the company’s website at www.TrxadeGroup.com

NOTE TO INVESTORS: The latest news and updates relating to TRXD are available in the company’s newsroom at  http://ibn.fm/TRXD

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Posts 377 Percent Revenue Increase in Second Quarter

  • West Coast-based IONIC Brands has expanded its recreational cannabis vape products line with acquisitions that grant it edibles and infused product potential, as well as Bluetooth-enabled hardware that revolutionizes its vape lines
  • The company recently reported its second quarter financials, including record revenues that exceeded the prior year’s period by 377 percent for a total of $3.86 million
  • The company also completed two concurrent rounds of financing that added gross proceeds of C$20 million
  • IONIC expects to launch a Bluetooth-enabled Slim-line Vape pen during the third quarter as a new product offering

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) recently announced milestone revenues for its second quarter as a result of its operations as a West Coast cannabis holding company specializing in the recreational adult product market.

IONIC saw a year-over-year increase of 377 percent in sales for the period ended June 30, leaving the company $3.86 million better than the prior year. The sales increase was largely due to an increase in services, packaging and ancillary products to its customers and their downstream sales, as well as an increase in licensing and equipment rental revenue to those customers. Two acquisitions also played into the revenue picture.

“We are very pleased with our second quarter financial results, achieving our focus of increasing sales growth while closing a successful financing for various strategic business acquisitions all in a span of three months,” Chairman and CEO John Gorst stated in an August 29 news release announcing the results (http://ibn.fm/ZqylE).

The financing Gorst referred to involved two concurrent rounds of brokered and non-brokered debenture unit offerings, which brought in gross proceeds of about C$20 million.

IONIC is a vape manufacturer that recently added Natural Extractions Inc. – doing business as Zoots Premium Cannabis Infused Edibles – into its fold as a revenue source where legalization of cannabis-infused edibles has occurred. IONIC also completed an exclusive Heads of Agreement with Lifespot Health Limited (ASX: LSH) that will grant the company access to Lifespot’s Bluetooth technology for managing vaporizer output – a technology already successfully tried in the biodelivery dosing of medications for certain illnesses.

The Lifespot agreement also anticipates ongoing improvement of cannabis vaporizers, as well as the development of new vaporizer technologies for the recreational market.

“Smartphone Bluetooth technology is the future of cannabis delivery and dosing,” Gorst stated earlier in the summer  (http://ibn.fm/L9y44). “The Company is ecstatic to offer consumers advanced delivery technology that, before this agreement, was only available to medical patients. Ionic’s launch and distribution of the Slim-line Vape is expected to start in Q3 2019 in Washington, Oregon, Nevada and California. The Slim-line Vape is the first Bluetooth enabled vaporizer and platform designed specifically for the use of cannabis.”

During the second quarter, IONIC also celebrated the acquisition of cannabis-infused coffee patents and Nevada-based Vegas Valley Growers (VVG) vape pens, subject to regulatory approval.

The company’s plans for the remainder of 2019 include an expansion of its products and IONIC brand into other U.S. states that have legalized recreational marijuana by contracting with existing local license holders there. Another key element of its strategy for the year is to acquire its own licenses, manufacturing and distribution facilities in the most select markets in order to make new, substantial increases to the company’s gross margins and revenues, as well as facilitating heightened control over the supply chain.

For more information, visit the company’s website at www.IONIC.social

NOTE TO INVESTORS: The latest news and updates relating to IONKF are available in the company’s newsroom at http://ibn.fm/IONKF

Wildflower Brands Inc.’s (CSE: SUN) (OTCQB: WLDFF) Growth Continues with Opening of Two British Columbia Stores

  • Wildflower Brands is expanding its presence in British Columbia and across Canada following its acquisition of Vancouver-based City Cannabis Corp., which recently announced two more store openings
  • The company has hundreds of U.S. outlets for its cannabidiol product line, with a focus on the burgeoning cannabis markets in Washington and California and expectations for European expansion
  • Wildflower’s entry into British Columbia gives it access to a region with a reputation as the most cultured cannabis market in the world, where summer tourism swells the population and the average annual household income of many residents exceeds $86,000

Cannabis-based wellness company Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) continues scaling up its brand visibility following the opening of two new premier cannabis locations in British Columbia under its subsidiary, City Cannabis Corp.

City Cannabis has a history of profitably operating dispensaries in Vancouver since the city began licensing cannabis retailers. Vancouver enjoys a reputation as the most cultured cannabis market in the world, and City Cannabis has defined its mission as providing relief to crowds oppressed by the fast pace of city life, using cannabis products both for medicinal and recreational purposes to that end.

Wildflower executed an agreement in May that provided for its purchase of all of City Cannabis’ issued and outstanding shares (http://ibn.fm/l0Kmr).

“City Cannabis is no doubt the fastest growing multiple location cannabis retailer in British Columbia,” Wildflower CEO William MacLean stated at the time. “The team has demonstrated their ability to find the best locations, but more importantly, the knowledge and ability to work with regulators at all levels has meant success in licencing that is unmatched.”

The acquisition expanded Wildflower’s market presence into Canada. The company has been building its portfolio with about 100 stores scattered throughout the United States and an extensive sales network through retailer Dillard’s, focused primarily on Washington and California, which is currently the world’s largest cannabis market.

The company is also expecting to enter Europe through an arrangement with pharmaceutical distributor Two Towers.

The two newest City Cannabis stores are on Cambie Street in Vancouver’s central district and in the upscale coastal environs of Vancouver Island’s Comox (http://ibn.fm/GKc35). The locations provide the company with tremendous accessibility in the region – the Comox location is located in the heart of a summer tourism destination whose permanent population has an average household income of $86,328, and the Cambie Street location is two blocks from one of the busiest intersections of the city, linked to other areas by two Skytrain rapid public transit lines, nestled amid a retail center that includes numerous big-box stores and the medical community surrounding the general hospital.

The stores feature an all-natural look and feel with a state-of-the-art interactive experience, reflecting Vancouver’s sense of place by blending an urban approach to business with a recognition of the lush coastal rainforests and mountains that are a signature part of the area’s atmosphere and using natural greenery and lighting as well as custom-made furniture relying on materials from the Pacific Northwest.

City Cannabis is the only cannabis company with four licenses in British Columbia, and its three Vancouver city licenses are nearly half of the eight that have been issued, showing the strength of the company’s historical foundation in the region. City Cannabis is passionate about providing education on the plant’s use and holistic qualities as the sweeping tide of new legislation has created a reawakening surrounding cannabis values, as well as a general interest in the planet’s sustainability as part of the culture that has grown up around cannabis use in recent years.

For more information, visit the company’s website at www.WildflowerBrands.co

NOTE TO INVESTORS: The latest news and updates relating to WLDFF are available in the company’s newsroom at http://ibn.fm/WLDFF

Spectrum Global Solutions Inc. (SGSI) Delivering Services for Next-Stage 5G Network Development

  • Spectrum Global Solutions delivers an array of end-to-end telecommunications professional services, infrastructure and maintenance solutions for the communications network market, serving clients large and small, including recognized brands such as Ericsson, AT&T and Verizon
  • The in-process development of networks for their evolution to 5G speeds and efficiencies heralds a potential $3.48 trillion market (by 2026) in which Spectrum Global intends to operate
  • Spectrum Global recently announced that it has been awarded $3.6 million in new contracts, the majority of which pertain to 5G network establishment
  • As 5G networks develop, they will provide growing opportunities for IoT and AI-enabled products to gain mainstream acceptance as wireless services increasingly become a viable alternative to fixed broadband platforms

The evolution of digital cellular networks to a higher-speed 5G capacity is driving new revenue for Spectrum Global Solutions Inc. (OTCQB: SGSI), an end-to-end U.S. network service provider that’s ideally positioned to serve businesses setting up infrastructure for participation in the new 5G wave of technology.

Spectrum Global is a holding company operating in the communications technology services industry, providing telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and the Caribbean through its subsidiaries, AW Solutions, ADEX Corp. and TNS Inc.

The company announced August 22 that it has been awarded $3.6 million in new contracts across all its subsidiaries, with the majority of the contracts pertaining to 5G network establishment for new and previously existing clients (http://ibn.fm/1fw5E).

“Across the board, we are seeing network operators and carriers strengthen and expand their wireless infrastructure on the back of an ever increasing consumer demand for wireless data,” CEO Roger Ponder stated in a news release. “These new contract awards in particular pertain to enhancing data infrastructure for the upcoming Super Bowl through improvements to hospitality facilities’ telecommunications and security infrastructure.”

SGSI provides its network establishment and maintenance expertise directly to carriers, aggregators, enterprise services, project management office (PMO) and original equipment manufacturer (OEM) clientele that include such prominent names as Ericsson, Nokia, Sprint, AT&T and Verizon.

5G networks, as with prior network evolutions, promise an exponential increase in speed over the currently ubiquitous 4G and 3G operators. ‘5G NR’ (5G New Radio) software will initially depend on existing 4G LTE networks and will provide slight improvements in the performance, flexibility, scalability and efficiency of current mobile networks before evolving with entirely new infrastructure (http://ibn.fm/NZ8NM), utilizing unprecedented levels of cost, power and deployment efficiencies.

One aspect of that strategy involves a plan to develop millimeter wave infrastructure for 5G using antennas that are smaller than the large antennas used in previous cellular networks, with a shorter-range reach than microwaves (http://ibn.fm/qz4cp). Such a plan would require a much more extensive infrastructure development than what exists currently.

“As we continue to expand our service offering to support the rollout of 5G, which requires a large number of small cell deployments rather than a fewer number of larger towers as was traditionally seen, our opportunity pipeline continues to grow at a rapid rate,” Ponder added. “I look forward to continued operational execution on this front and long-term shareholder value creation.”

Mobile operator data analysts at GSMA Intelligence anticipate that 5G will drive mainstream adoption of Internet of Things (IoT) products and artificial intelligence (AI)-enabled services, as well as growth in augmented reality (AR), virtual reality (VR), industrial automation and the delivery of wireless content as an alternative to fixed broadband platform delivery (http://ibn.fm/Dhdnu).

As commercial launches give way to increasing adoption, Research and Markets analysts predict that 5G will grow from a $33.67 billion industry in 2017 to $3.48 trillion by 2026, with CAGR acceleration of 67.44 percent (http://ibn.fm/3BGOo), which signals a marketplace full of opportunity for SGSI.

For more information, visit the company’s website at www.SpectrumGlobalSolutions.com

NOTE TO INVESTORS: The latest news and updates relating to SGSI are available in the company’s newsroom at http://ibn.fm/SGSI

CloudCommerce Inc. (CLWD) Pioneering Innovative Solutions Targeting Largely Untapped Data-Driven Marketing Niche

  • The global data analysis market is anticipated to expand rapidly, by an additional $105.89 billion by 2023
  • Data-driven marketing currently faces adoption challenges as a result of a poor understanding of the concept and corporate inability to collect and interpret relevant data
  • CloudCommerce is addressing such challenges through the delivery of its intelligent, data-driven marketing solutions
  • SWARM, CloudCommerce’s flagship solution, is an effective end-to-end market behavior tool that allows companies to strengthen their communication campaigns

Data is becoming the one thing that’s bound to give companies a significant competitive advantage, as a Mind the Data Gap report suggests (http://ibn.fm/oL8yv). Its power, however, is still largely untapped due to the fact that companies often struggle with inaccessible customer data or a lack of effective analytical solutions.

Relevant data has already become a critical asset that can promote growth in the contemporary marketplace. The size of the global data analysis market is growing all the time. In the period from 2019 to 2023, the market is anticipated to expand by $105.89 billion (http://ibn.fm/zd4sX). This forecasts equates to a compound annual growth rate of 30.08 percent during the five-year period (http://ibn.fm/PgMOQ).

Still, today’s businesses are struggling with making the most of available data. When asked about their top obstacles to data-driven marketing success, companies often point to marketing and sales integration platform challenges. The absence of a strategy, lack of resources and a poor understanding of data-driven marketing currently stand in the way, as well.

CloudCommerce Inc. (OTCQB: CLWD), a leading provider of audience-driven business intelligence and digital marketing solutions, is working hard to make data-driven marketing more readily accessible. The company works on an array of audience-driven business intelligence and digital marketing solutions. SWARM, the company’s flagship solution, is an end-to-end data science and market behavior tool that enables businesses to fine-tune and sharpen their marketing and communication strategies.

SWARM was launched in July 2019. It applies artificial intelligence (AI) and market research techniques to any business activity aimed at audience generation.

According to CloudCommerce CEO Andrew Van Noy, companies used to adopt a blanket approach toward communication in the past. They relied on the same message delivered across multiple channels, without finetuning their strategies or utilizing respective platforms in the best possible ways.

Through the use of SWARM, such challenges can be overcome effortlessly, as Van Noy detailed in a news release. “SWARM is a behavioral science approach to audience creation and communication. It helps marketers probe deep consumer motivations and triggers, in order to effectively predict and influence their actions,” he concluded.

SWARM is actually a suite of solutions aimed at gathering information from all possible sources. Once the data is collected, it gets centralized, processed and used to make data-driven marketing decisions. CloudCommerce automates the market research process, giving businesses thorough insight into the marketplace and the most relevant dynamics.

Motivations, feelings and emotional respo

  • The global data analysis market is anticipated to expand rapidly, by an additional $105.89 billion by 2023
  • Data-driven marketing currently faces adoption challenges as a result of a poor understanding of the concept and corporate inability to collect and interpret relevant data
  • CloudCommerce is addressing such challenges through the delivery of its intelligent, data-driven marketing solutions
  • SWARM, CloudCommerce’s flagship solution, is an effective end-to-end market behavior tool that allows companies to strengthen their communication campaigns

Data is becoming the one thing that’s bound to give companies a significant competitive advantage, as a Mind the Data Gap report suggests (http://ibn.fm/oL8yv). Its power, however, is still largely untapped due to the fact that companies often struggle with inaccessible customer data or a lack of effective analytical solutions.

Relevant data has already become a critical asset that can promote growth in the contemporary marketplace. The size of the global data analysis market is growing all the time. In the period from 2019 to 2023, the market is anticipated to expand by $105.89 billion (http://ibn.fm/zd4sX). This forecasts equates to a compound annual growth rate of 30.08 percent during the five-year period (http://ibn.fm/PgMOQ).

Still, today’s businesses are struggling with making the most of available data. When asked about their top obstacles to data-driven marketing success, companies often point to marketing and sales integration platform challenges. The absence of a strategy, lack of resources and a poor understanding of data-driven marketing currently stand in the way, as well.

CloudCommerce Inc. (OTCQB: CLWD), a leading provider of audience-driven business intelligence and digital marketing solutions, is working hard to make data-driven marketing more readily accessible. The company works on an array of audience-driven business intelligence and digital marketing solutions. SWARM, the company’s flagship solution, is an end-to-end data science and market behavior tool that enables businesses to fine-tune and sharpen their marketing and communication strategies.

SWARM was launched in July 2019. It applies artificial intelligence (AI) and market research techniques to any business activity aimed at audience generation.

According to CloudCommerce CEO Andrew Van Noy, companies used to adopt a blanket approach toward communication in the past. They relied on the same message delivered across multiple channels, without finetuning their strategies or utilizing respective platforms in the best possible ways.

Through the use of SWARM, such challenges can be overcome effortlessly, as Van Noy detailed in a news release. “SWARM is a behavioral science approach to audience creation and communication. It helps marketers probe deep consumer motivations and triggers, in order to effectively predict and influence their actions,” he concluded.

SWARM is actually a suite of solutions aimed at gathering information from all possible sources. Once the data is collected, it gets centralized, processed and used to make data-driven marketing decisions. CloudCommerce automates the market research process, giving businesses thorough insight into the marketplace and the most relevant dynamics.

Motivations, feelings and emotional responses are powerful consumer behavior triggers. Until present, however, businesses struggled to collect reliable data about these factors. SWARM’s artificial intelligence mechanism makes the collection and utilization of such data possible, providing the means to deliver more impactful marketing campaigns and influence customers.

For more information, visit the company’s website at www.CloudCommerce.com

NOTE TO INVESTORS: The latest news and updates relating to CLWD are available in the company’s newsroom at http://ibn.fm/CLWD

nses are powerful consumer behavior triggers. Until present, however, businesses struggled to collect reliable data about these factors. SWARM’s artificial intelligence mechanism makes the collection and utilization of such data possible, providing the means to deliver more impactful marketing campaigns and influence customers.

For more information, visit the company’s website at www.CloudCommerce.com

NOTE TO INVESTORS: The latest news and updates relating to CLWD are available in the company’s newsroom at http://ibn.fm/CLWD

Neutra Corp. (NTRR) Strengthens its Health and Nutritional Product Line with Strategic Purchase of Emerging CBD Retail Brand

  • The company’s strategic acquisition of Vivis Corp. is expected to help meet demand for high quality, potent, hemp-extracted CBD consumer products
  • U.S. sales of cannabis- and hemp-derived CBD products are expected to surge to $20 billion by 2024, with a CAGR of 49 percent
  • NTRR’s acquisition of hemp cultivator J3 Holdings is expected to enable Neutra Corp. to grow its own hemp supply, ensuring the quality and potency of its CBD products

Neutra Corp. (OTCQB: NTRR), an early stage research and development company focusing on modern healthy living solutions, is concentrating on developing into a vertically integrated company able to cultivate, manufacture and distribute hemp-based cannabidiol (CBD) products. Recently announced tactical acquisitions make the company’s intentions clear, as Neutra Corp. CEO Sydney Jim detailed in a recent interview (http://ibn.fm/iw7KL).

“In 2019 we’re really looking at trying to figure out how to participate in the hemp-based CBD market. Our overall goal is to become a vertically integrated company from cultivation to manufacturing to formulation of products and then to distribution and retail sales,” Jim said in the interview. “Most of our focus, obviously, is on our quality and our potency of products, because there is a vast difference between a very cheap product and a quality product.”

The U.S. cannabis- and hemp-derived CBD market is expected to reach $20 billion by 2024, driven at a compound annual growth rate of 49 percent, according to leading cannabis researchers BDS Analytics and Arcview Market Research (http://ibn.fm/WkJPA). The report predicts that the majority of CBD product sales will soon occur in general retail stores, rather than in cannabis dispensaries.

Neutra Corp.’s previously announced acquisition of Vivis Corp., an emerging retail brand of hemp-based health and nutritional products, is a natural fit for the company. All Vivis CBD products are third-party tested and certified, assuring the consumer that its hemp-derived CBD products are contaminant-free and of a consistently high purity (http://ibn.fm/ted6l).

Neutra’s acquisition of J3 Holdings, which currently owns land, a warehouse and licensing to cultivate hemp and refine it into useable forms, is expected to enable the company to grow its own hemp supply, giving it control over the quality of its end products, according to a news release (http://ibn.fm/M0MjJ).

“This is a big acquisition and a great demonstration of the continued evolution of our company,” Jim stated in the news release. “This shows we’re moving forward with our plans to become a serious player in the ever-growing CBD market. CBD products are rapidly gaining mainstream acceptance.”

The U.S. Drug Enforcement Administration (DEA) recently updated its guidance to remind law enforcement that hemp is no longer a controlled substance and that certain forms of cannabis no longer require DEA registration to grow, manufacture or research (http://ibn.fm/EHMMn). The clarification, made August 26, 2019, is a much needed and timely statement in light of CBD’s growing popularity with the general population.

For more information, visit the company’s website at www.NeutraInc.com

NOTE TO INVESTORS: The latest news and updates relating to NTRR are available in the company’s newsroom at http://ibn.fm/NTRR

Xalles Holdings Inc. (XALL) Reports Ongoing Revenues, Building Presence in E-Commerce and Payments Auditing Industries

  • Xalles Holdings recently reported its fifth consecutive quarter of revenue production and is building an acquisition and valuation strategy for further revenue generation in e-commerce sectors
  • Electronic, non-cash payments continue to grow in popularity as a result of increasing mobile device use for financial transaction payments worldwide
  • Xalles initiatives expected to be deployed during the coming year include development of a proprietary system for auditing and reconciling complex financial transactions, as well as acquisition of a revenue-generating mortgage business

Payment auditing services company Xalles Holdings Inc. (OTC: XALL) recently reported its fifth consecutive revenue-producing quarter and expectations for future revenue growth, as well as asset value growth utilizing the expense management know-how that it markets to B2B and governmental clients.

“The structure and growth plan for the company contains a balance of diversity and synergy so that we can effectively use limited resources to obtain the best results,” Xalles Holdings CEO Thomas Nash stated in announcing the company’s second quarter financial filing (http://ibn.fm/GtCzl).

Nash added that, during the second half of 2019, the company “will see the culmination of the fundraising efforts, acquisitions and organic growth” in preparation for “tremendous growth in 2020.”

Xalles Holdings anticipates cumulative profitability through its seven subsidiaries. This includes Xalles Limited’s development of a proprietary X2X system for reconciling financial transactions in business and government payment applications, as well as post-payment auditing. The new version of the system is expected to be deployed in 2020.

Subsidiary Xalles Financial Services is in the process of preparing to promote a tested cryptocurrency trading engine this year and aims to boost its value through multiple cryptocurrency asset portfolio acquisitions. The company is also completing its due diligence for the acquisition of LYC Mortgage, which is expected to drive dramatic new revenue next year as mortgage business portfolios are acquired.

Aside from the Xalles-branded companies are the company’s unique subsidiaries of Co-Owners Rewards, Amazing Living Enterprises and the Global Savings Network. All three are expected to reach profitability in 2020 as they expand and market new products as part of Xalles’ strategy to become the dominant provider of fintech solutions.

Xalles’ core operations focus on providing payment solutions to consumers while building solutions to support more complex payment management needs for governmental entities and large businesses. Two key areas of strategic market plays will include electronic payments and B2B eProcurement and eCommerce, according to the company’s Q2 report (http://ibn.fm/BPD1Z).

Noncash transactions are poised to exceed 1 trillion for the first time in 2023 as the use of cash continues to drop worldwide, according to Business Insider Intelligence (http://ibn.fm/6YX4r), which predicts that increasing mobile electronics use for transacting payments will be the biggest driver for e-commerce despite the ongoing popularity of physical finance cards – comprising 44 percent of the $1.9 trillion forecast to be traded by e-commerce in 2024 and 68 percent of the $760 billion traded through peer-to-peer (P2P) computer networks.

Capgemini’s and BNP Paribas’ World Payments Report for 2018 predicted that global non-cash transaction volumes will see a CAGR of 12.7 percent for the period between 2016 and 2021, rising from the 482.6 billion transactions it reported during 2015-2016 as developing markets continue to advance their ability to be responsive (http://ibn.fm/3RNuN).

For more information, visit the company’s website at www.Xalles.com

VPR Brands LP (VPRB) Focusing on Innovative Product Family, Cannabis Concentrates and Extracts

  • VPR Brands offers a family of brands for the nicotine and cannabis verticals
  • The company has entered the CBD vertical with its GoldLine CBD product line
  • VPR Brands is innovating to bring more CBD products to market

Based in Fort Lauderdale, Florida, VPR Brands LP (OTCQB: VPRB) is a technology holding company with experienced management. The company’s assets include issued U.S. and Chinese patents for atomization-related products, including technology for medical-marijuana vaporizers and electronic-cigarette products and components. VPR Brands develops brands via direct sales and licensing opportunities in the CBD (cannabidiol) vertical. By partnering with leading global brands, the company hopes to elevate and accelerate its products into the vanguard of the industry.

The company offers diverse brands and also engages in product development for the vaping market, including e-liquids. VPRB’s distinctive strategy is to focus on adding innovative products to its product family and coupling them with a strong distribution network – a strategy which increases sales. VPR Brands’ product family includes GoldLine, GoldLine Hemp, HoneyStick, Helium, Vaporin, Krave and VaporX. The company’s top product, HoneyStick is VPRB’s flagship brand and an ideal platform to boost growth across the nicotine and cannabis verticals. Krave, Helium, VaporX and Vaporin are VPRB’s ancillary brands for the nicotine vertical. Based on current market trends, VPR Brands also believes that GoldLine CBD will be a significant growth driver for the company this year and beyond (http://ibn.fm/kbFi2). In addition, in-house product development is a major differentiator for the company, allowing it to grow margins.

VPR Brands looks for collaborative partnerships to take advantage of existing sales and distribution infrastructure. One of its strategies is to expand its CBD channel by way of affiliate marketing initiatives (http://ibn.fm/JFbok). VPRB CEO Kevin Frija is an experienced entrepreneur with almost 30 years of experience in sourcing, manufacturing, supply chain management, marketing, advertising and brand licensing. His invaluable experience helps drive the company’s distribution programs.

VPR Brands also owns Vapor Store Direct in Fort Lauderdale, Florida. One of the largest vaporizer and e-liquid wholesalers in the United States, Vapor Store Direct stocks internationally elite brands, vaporizers, tanks/atomizers, coils, e-liquid, e-cigarettes, batteries and glass, as well as accessories.

Though VPRB is not yet a household name within the cannabis sector, it has increasingly attracted industry attention because of its stellar financial performance. The company realized 2018 revenue of $4,613,300, which represents a 28 percent year-over-year increase (http://ibn.fm/vXDd3). Furthermore, VPR Brands reversed its operating loss of more than $888,000 into positive territory above $9,000. Full-year 2018 gross operating margins increased by close to 20 percent from 2017 to a margin of 41 percent in 2018.

That trend has continued in 2019. For Q1 2019, VPRB increased its quarterly revenues roughly 31 percent year-over-year to $1,318,049 and slightly lowered its net loss, from roughly $149,000 in 2018 to approximately $138,000 in 2019. VPR Brands continues to maintain strong gross operating margins of greater than 40 percent (http://ibn.fm/f7Hrl).

VPR Brands expects to launch a second CBD brand – Dr. Good Hemps – into the marketplace this year. The company is concentrating on cannabis consumables, focusing on leveraging the numerous opportunities available in this space. With major regulatory shifts toward the CBD vertical, the market is forecast to grow to an estimated $22 billion by 2022 (http://ibn.fm/ranU9).

VPR Brands offers a compelling investment opportunity for investors looking for exposure to the nicotine and cannabis verticals. Through its vaporizer brands, GoldLine CBD, and white-label business, the company is in an ideal position to capture more market share. As it focuses on driving scale across different high-growth verticals, VPR Brands continues to focus on its wide-ranging portfolio of tested vaporizer products.

For more information, visit the company’s website at www.VPRBrands.com

NOTE TO INVESTORS: The latest news and updates relating to VPRB are available in the company’s newsroom at  http://ibn.fm/VPRB

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Focuses on Creating Transformative Businesses, Products and Brands

  • The company’s corporate mission is to cultivate the world’s best cannabis
  • Supreme Cannabis emphasizes quality products, synergistic industry partnerships and strong distribution networks
  • Supreme Cannabis’ multi-pronged strategy has positioned it for continued growth

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is working to improve global well-being with cannabis. Since 2014, the company has been at the center of the cannabis space with a mission of cultivating the globe’s best product and emerging as a leader in this worldwide industry. Headquartered in Toronto, Ontario, Supreme Cannabis Company uses its knowledge of the plant to create transformative businesses, products and brands that deliver positive experiences.

One important avenue of the company’s growth is through its 7ACRES subsidiary, which is its flagship brand. 7ACRES is on course to become Canada’s foremost cultivator of consistently premier cannabis, in no small part due to its facility’s focus on building a core competency in scaled cannabis production. 7ACRES grows High End Cannabis(TM) with respect to each cultivar’s genetic lineage and history. SPRWF takes pride in its flagship brand (http://ibn.fm/DCylh), which respects its customers’ knowledge of cannabis and recognizes their desire for “hand-crafted cannabis flower that delivers an uncompromised experience.”

7ACRES operates a 440,000-square-foot facility in Kincardine, Ontario. This cultivation facility is one of Canada’s first 40 federally licensed cannabis producers (http://ibn.fm/gppgi). As of March 2019, the facility’s total licensed cultivation space spanned 230,000 square feet. 7ACRES provides consumers with handcrafted cannabis flower, and its cultivars are available in eight Canadian provinces, including British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia and Prince Edward Island.

Each of SPRWF’s operating assets is very focused and aims to achieve excellence at its core function. With 7ACRES, the company has created a business that produces the highest quality premium cannabis at scale. With the recent launch of Cambium Plant Sciences, a cannabis genetics firm located in Goderich, Ontario, Supreme Cannabis further focused 7ACRES’ operations, spinning out its successful genetics business into its own company. The company is investing approximately $14 million in the construction of a state-of-the-art, 34,000-square-foot research and development facility. Cambium’s aim is to lead the agricultural revolution of cannabis genetics, redefining consumer experiences and cultivation economics across the international cannabis industry.

SPRWF continue to focus on the creation of valuable cannabis intellectual property (IP). “Our proprietary genetics selection methodology and ability to cultivate high-end cannabis at scale at 7ACRES has created strong industry demand for our proprietary genetics and cultivation techniques,” Supreme Cannabis CEO Navdeep Dhaliwal stated in a news release (http://ibn.fm/adRCd). “It was as a result of the demand that we saw a global opportunity to create a company whose sole focus is innovating plant genetics and cultivation IP for the global cannabis market. We believe genetics are the foundation of proprietary cannabis products in the long term.”

Industry analysts point to developing intellectual property as a critical component to cannabis companies’ long-term vitality. In an industry where legislation is struggling to keep up with the booming demand for high-quality products, fledgling companies fear having their technologies, brands, recipes, and secrets “ripped off” by competitors (http://ibn.fm/G8L5o). Aside from protecting companies and lending them a competitive edge, early developed IP rights have been deemed “indispensable,” linked with generating “additional recurring revenue, help[ing] attract investment, and enhance[ing] valuation.” SPRWF’s continued efforts to develop IP are key to its strategic growth and longevity.

Most recently, the company acquired Truverra Inc., which plans to repurpose its 5,000-square-foot, state-of-the-art space to produce high-quality cannabis extracts, including concentrates and vaping liquids. With an already established line of efficacy-based CBD products being sold in the United Kingdom, Truverra is helping SPRWF make inroads into the global marketplace. The company features a line of CBD products varying in flavor and intensity, and its products are available in many forms, including capsules, creams and balms, e-liquids, oils and supplements (http://ibn.fm/WQb1t).

With its culture of innovation in producing excellent products, Supreme Cannabis Company offers investors a gateway into the cannabis space. With its existing premium brands and products and impressive innovations across its businesses, Supreme is positioned for continued growth.

For more information, visit the company’s website at www.Supreme.ca

NOTE TO INVESTORS: The latest news and updates relating to SPRWF are available in the company’s newsroom at http://ibn.fm/SPRWF

Quest Patent Research Corp. (QPRC) Creating Shareholder Value with Growing Intellectual Property Asset Portfolios

  • Quest currently owns, controls or manages over 115 patents across 11 intellectual property portfolios
  • Quest delivers financial, strategic and legal resources for IP monetization
  • The company’s strategic partnership with NetworkNewsWire will focus on communicating Quest’s progress with the expansion of its portfolio of assets and active licensing programs

Quest Patent Research Corp. (OTCQB: QPRC), an intellectual property (IP) asset management firm specializing in mature and emerging technologies, provides IP asset owners and stakeholders with a valued resource for protection, management and monetization of IP assets such as patents, trademarks, copyrights, novel inventions and trade secrets. Headquartered in New York City, Quest offers shareholders the opportunity to participate across a broad portfolio of dynamic assets in the burgeoning intellectual property space.

Quest currently owns, controls or manages over 115 patents across 11 intellectual property portfolios (http://ibn.fm/EgS6w). The company generates revenues from patent licensing fees related to its IP property portfolios and from licensed packaging sales. An article published by Lexology highlights the importance of intellectual property rights in technology, noting that IP protection in today’s technology-driven economy “can be the difference between risk and reward” for businesses (http://ibn.fm/dDEK5).

Quest seeks to bridge the gap between the invention, protection and commercialization of IP with a seasoned management team that has extensive experience in strategic business management, intellectual property, finance and marketing. An external network of financial, legal and managerial professionals helps develop creative solutions to the many challenges inherent in monetizing IP, as the company details on its website.

Quest recently selected the corporate communications expertise of NetworkNewsWire (NNW) (http://ibn.fm/t8toN).

“After exploring the market, we believe we have selected the right strategic partner to best communicate Quest’s progress as we continue to expand our portfolio of assets and active licensing programs under management,” Quest CEO Jon Scahill stated in a news release.

For more information, visit the company’s website at www.QPRC.com

NOTE TO INVESTORS: The latest news and updates relating to QPRC are available in the company’s newsroom at http://ibn.fm/QPRC

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