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Spectrum Global Solutions Inc. (SGSI) Primed to Benefit as 5G Deployments Create Jobs, Safer Cities and Organic Growth Opportunities

  • SGSI is focused on creating and maintaining excellent customer relationships, along with providing proven value, quality, safety and reliability
  • The company maintains high standards as it seeks out additional acquisitions
  • SGSI is strategically positioned to meet rising demand for 5G, which offers the potential of creating three million jobs, safer cities and stronger economies

Described as a leading single-source provider of end-to-end, next-gen telecommunications networks, Spectrum Global Solutions Inc. (OTCQB: SGSI) services reach across the United States, Canada, Puerto Rico, Guam and the Caribbean. The company’s end-to end offerings include bundled products of full-service engineering, construction, installation, maintenance and professional services. To date, SGSI has completed more than 150,000 projects on wireless, Distributed Antenna System (DAS), wireline and fiber networks.

SGSI is working tirelessly to become the world-class industry leader by which others measure their progress. The company is achieving this by providing the highest value, quality, safety and reliability available on the market, while simultaneously building client relationships that last. To accomplish this, SGSI is investing in the development of a strong team of talented experts and creating strong and consistent shareholder value with continued financial results and growth.

Based out of Longwood, Florida, the company’s subsidiaries make it possible to provide services directly to clientele in 49 states, three U.S. territories and six Canadian provinces. To date, SGSI has:

  • engineered over 70,000 sites;
  • constructed and installed more than 8,500 towers, antennas, small cells and facilities;
  • installed 586,944 strand-miles of fiber;
  • re-engaged over 98 percent of clients; and
  • maintained a 100 percent accident-free safety record.

SGSI has high standards as it seeks out additional acquisitions. To be considered, candidates must be established and reputable, possess a strong management team, show a history of profitability, be structured for growth, have already established excellent customer relationships and retention and (whether private or public) maintain clean operations with no issues to be passed on through the acquisition.

The company is ready for a 5G-networks rollout this year and is strategically positioned to meet the demand. Over the next five to seven years, according to Deloitte, up to $150 billion in fiber investment will be required in the United States (http://ibn.fm/8V7Kj). Customers are demanding overall better services as they rely more heavily on technology. Coverage, enhanced capacity, private networks and rapid deployment of new apps are in demand. This high demand of excellence and need for 5G positions SGSI in a rapidly growing market as an already-proven provider of cutting-edge services and solutions.

According to Accenture Strategy (http://ibn.fm/LrqBb), the 5G rollout has the potential to create up to three million jobs and drive more than $500 billion in U.S. GDP growth. The rollout will create job growth and economic gains across the United States, as well as making cities and towns safer. Smart city solutions that utilize 5G will be able to manage vehicle traffic and electrical grids, saving billions for local communities and their residents. Cities will also be able to reduce commute times, improve public safety and become more efficient.

As one of the few engineering and installation companies able to provide end-to-end service and bundle products for telecommunications, SGSI is proving itself to be a world-class industry leader.

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

Green Hygienics Holdings Inc. (GRYN) Set to Benefit from New California Hemp Regulations Paving the Way for Widespread Cultivation

  • Legislative changes pertaining to hemp company registration in California are expected to enable widespread cultivation in the state
  • Green Hygienics Holdings has already acquired a cultivation license in San Diego County to make full use of the growing California market
  • The U.S. hemp industry is forecast to grow rapidly in the years to come; sales are anticipated to more than double in 2020, creating new business opportunities and a number of new jobs across various niches

California is making progress in terms of enabling widespread commercial and industrial hemp cultivation. New industrial hemp regulations in the state establish registration procedures for growers and have already gone into effect (http://ibn.fm/Iys71). As per California law, industrial hemp growers are required to register with their local County Agricultural Commissioner’s Office before initiating cultivation.

The aim of the registration program is to allow the widespread cultivation of hemp across California. Companies like Green Hygienics Holdings Inc. (OTCQB: GRYN) have already established their operations in the lucrative state.

Green Hygienics became registered to cultivate industrial hemp in San Diego County in June 2019. The science-driven, premium cannabis cultivation company announced that it has secured the required permits from the County of San Diego Department of Agriculture, Weights and Measures (http://ibn.fm/xQe7Z).

The company is making effective use of the California Industrial Hemp Farming Act to expand its cultivation capabilities across multiple U.S. states. According to Green Hygienics Vice President of Business Development Matt Dole, California bears considerable opportunities for hemp cultivation firms.

The new state regulations in California come on top of the federal Farm Bill that was passed at the end of 2018. Experts predict that such legislative changes will contribute to the rapid growth of the hemp industry and the creation of numerous new jobs across the U.S.

America’s legal hemp industry generated revenue of $1.1 billion in 2018. The size of the market, however, is anticipated to more than double by 2022 to reach $2.6 billion (http://ibn.fm/6ql3f). Such a massive expansion will result in job creation across multiple fields – from financial services and bookkeeping to marketing and retail.

Global hemp product retail is also positioned for rapid growth. Analysis suggests that global hemp retail sales totaled $3.7 billion in 2018. Sales are anticipated to reach $5.7 billion in 2020 (http://ibn.fm/EEEQI). China is currently the market leader, generating almost $1.2 billion in hemp sales. The U.S. is a close second with $1 billion in sales, and European countries follow with net sales of $980 million. According to analysts, U.S. sales will experience the most rapid jump by 2020. The compound annual growth rate in the period is forecast at 27 percent.

Green Hygienics Holdings is a full-scope premium cannabis cultivation company that targets both the high-end medical and the recreational markets. The company has over 25 years of experience in agricultural science and innovation. Growth plans focus on the development of effective, science-driven cannabis cultivation systems, the creation of premium cannabis products, developing and licensing valuable IP, strategic acquisitions and the launch of global consumer brands.

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

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

Endonovo Therapeutics Inc. (ENDV) Appoints National Leader in Pain Management to Scientific Advisory Board

  • Appointment of Dr. Steven Levin of Johns Hopkins University to Endonovo’s scientific advisory board is expected to help facilitate the introduction of Endonovo’s non-invasive bio-electrical medical devices to hospitals and clinics
  • The global wearable medical devices market is expected to grow to nearly $67 billion by 2026 at a CAGR of 26.1 percent
  • Endonovo holds 27 patents and numerous trademarks for several proprietary technologies and medical devices

Endonovo Therapeutics Inc. (OTCQB: ENDV), a commercial-stage developer of non-invasive electroceutical therapeutic devices, has appointed Dr. Steven Levin, M.D., a national leader in the field of pain management, to its scientific advisory board. Levin is the regional medical director at Johns Hopkins School of Medicine and medical director at Howard County General Hospital in Columbia, Maryland. He is also an assistant professor at Johns Hopkins School of Medicine’s Department of Anesthesiology.

“Dr. Levin’s vast experience with novel therapies in the anesthesiology and pain management field, as well as his strong research interest to improve clinical practice in pain management, will be valuable scientific additions to Endonovo,” Alan Collier, CEO of Endonovo Therapeutics, said in a news release (http://ibn.fm/UFbNO). “As a leader in the field of pain management, Steven will contribute valuable knowledge and expertise as we move our programs forward.”

Levin’s membership in professional and scientific societies has included the American Society of Anesthesiology, the American Pain Society, the American Society of Regional Anesthesia, the Society in Anesthesia and the International Association for the Study of Pain. He is currently the co-chair of the Opioid Stewardship Clinical Community, as well as a clinical design team leader of the Musculoskeletal Center in the Johns Hopkins Health System.

“It is a great opportunity to participate in developing Endonovo’s promising fight to support pain management and healing in a natural and holistic way,” Levin stated in the release. “I look forward to helping guide Endonovo’s breakthrough treatments and fight against the opioid crisis as a member of the scientific advisory board.”

Levin will work with Endonovo to facilitate the introduction of SofPulse to health care facilities and further develop the company’s electroceutical devices pipeline. Endonovo has entered an agreement to distribute SofPulse to Veterans Administration facilities and Department of Defense health care facilities (http://ibn.fm/cc3ew), and the company recently announced its national rollout plan to be in hospitals throughout the nation by 2020 (http://ibn.fm/Us0G7).

SofPulse Electroceutical Therapy is a non-invasive device that delivers pulsed electromagnetic frequencies to enhance post-surgical recovery (http://ibn.fm/V4CbG). SofPulse naturally speeds the healing process, significantly reduces pain and edema (swelling), reduces the need for addictive opioids and narcotics, and improves the patient recovery experience. Cleared by the FDA for treatment of post-surgical pain and swelling in the U.S., SofPulse is also CE-marked in Europe for the promotion of wound health and the palliative treatment of post-surgical pain and edema.

The National Institute on Drug Abuse reports that more than 130 people in the U.S. die each day after overdosing on opioids, while the Centers for Disease Control and Prevention estimates that the opioid crisis costs the nation a cumulative economic burden of more than $78 billion a year (http://ibn.fm/6UcfO).

The global wearable medical devices market is anticipated to grow to $66.8 billion by 2026, a Grandview Research report published in April 2019 suggests (http://ibn.fm/wd5AP). The market is forecast to expand at a CAGR of 26.1 percent over the period, with several factors contributing to the growth. Endonovo’s current portfolio of wearable medical products addresses conditions like liver disease, chronic kidney disease, cardiovascular and peripheral artery disease and ischemic stroke.

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

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

Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Closes Initial Share Purchase of Cannova Medical Ltd.

  • Nabis Holdings has closed on its previously announced initial purchase of a 49 percent interest in Cannova Medical Ltd., with an option to purchase the remaining 51 percent
  • The company selected Cannova Medical for its unique approach to consumable cannabis technology and untapped industry potential
  • Nabis sees Cannova as a potential disruptor in the edible cannabis industry

Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P), a leading Canadian investment company pursuing specialty investment opportunities in the burgeoning cannabis industry (among others), recently announced that it has now completed the purchase of a 49 percent interest in Cannova Medical Ltd., totaling 2,260,500 shares. Nabis retains the option to acquire the remaining 51 percent interest in Cannova.

Cannova Medical is a provider of innovative solutions for cannabis consumption. Pursuing its interest in investment across all vertically integrated aspects of the cannabis sector, with a focus on strategic revenue generation, Nabis selected Cannova because of its innovative take on consumable cannabis. In connection with this transaction, Nabis will have exclusive distribution rights in North America.

Cannova, based in Israel, is developing an alternative method for cannabis consumption in the form of a sublingual strip. The sublingual strips are infused with cannabis molecules that are produced using a patent-protected process involving the combination of various formulations with water soluble cannabinoids and natural active ingredients. The sublingual strip allows producers to more effectively control dosage quantities and significantly increases the effect of the cannabis, allowing it to be used for a variety of purposes, including pain management, as a concentration aid, as an antidepressant and to support better sleep.

Additionally, Cannova is developing the NovaJet Pro (“NovaJet”), an innovative printing machine that provides producers with the ability to create customized film strips, according to client demand, in real time. The NovaJet is expected to be able to assemble different quantities of cannabinoids and other natural substances, ultimately producing sublingual strips that are highly measured, accurate and tailored to specific demand.

Nabis CEO and Director Shay Shnet sees Cannova as a disruptor in the cannabis space as it relates to the way consumers view consumption (http://ibn.fm/OJlxj). “[Cannova’s] team has developed an innovative solution that largely appeals to consumers looking for convenience compared to current forms of consumption such as smoking, evaporation and ingestion of oil,” he said in a news release. “While we remain focused on our strategic plan for rapid expansion into limited-license states, we also pay close attention to companies that have the potential to disrupt the legal cannabis space. Cannova’s patent-protected solution allows the user to get a customized, personal combination of THC, CBD, and other active ingredients that meet[s] their personal, unique requirements in real time, thus changing the way cannabis is consumed.”

Shnet described Cannova’s product design as one that easily fits into the home of the average consumer, sitting on a countertop with a design akin to an average espresso or coffee machine while utilizing a “next-generation ability to combine various active ingredients.”

Looking to Nabis’s future with Cannova, Shnet spoke highly of the latter’s unique technology and its untapped industry potential. “We’re excited to team up with Nabis to provide cannabis users a safe, accurate and discrete way to consume cannabis,” he continued.

Cannova founder and CEO Omri Schanin indicated a promising future for Cannova with the assistance of Nabis. “The Nabis team, their experience and established network of cannabis-related portfolio, will help boost Cannova to become a cutting-edge leader in the space,” he added.

Utilizing Cannova’s innovative technology, Nabis is looking to disrupt the edibles sector and is well positioned to capitalize on the growing popularity of consumable cannabis.

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

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

Trxade Group Inc.’s (TRXD) Fiscal 2019 Off to Record Start with Q1 Revenue of $1.5 Million

  • TRXD sales grew to $1.5 million in Q1 2019; operating income also rose when compared to the same period of the prior year
  • The company is adding new independent pharmacies and increasing pharmacy sales
  • Mail-order pharmacy services and a newly launched mobile app offer lower prescription drug costs for U.S. consumers

Trxade Group Inc. (OTCQB: TRXD), an integrated pharmaceutical logistical services company that offers a web-based e-hub buying platform for transactions between independent pharmacists and drug manufacturers, reported record Q1 2019 revenues. The company also reported (http://ibn.fm/3NJq6) higher operating income, as it sees “continuing revenue growth and profitability in 2019.”

TRXD reported Q1 2019 sales of $1.5 million, as compared to $852,923 in revenues for the same period of the previous year. Operating income grew in Q1 2019 to $171,759 from $98,728 in Q1 2018. Net income reached $125,229 for Q1 2019, as compared to $82,269 for the same period of the previous year.

“Our 2019 fiscal year is off to a record start and in line with our primary objective of expanding our membership base while simultaneously focusing on increasing their utilization rates,” Trxade Group chairman and CEO Suren Ajjarapu stated in a news release. “At the end of the first quarter, we reported record platform subscribers and transactional revenue along with higher net and operating profits for the same period.”

TRXD’s proprietary trading platform enables independent pharmacies to buy online, directly from national pharmaceutical suppliers. The company attributed its revenue growth to an increase in its fee income from this web-based supplier-to-pharmacy trading platform, as well as increased pharmaceutical sales from its wholly owned subsidiary, Community Specialty Pharmacy LLC.

“Our proprietary software trading platform at www.Trxade.com, which enables independent pharmacies to purchase drugs, is adding new members on a monthly basis and, as a result, enabling us to experience strong top and bottom line growth across the board,” Ajjarapu added. In Q1 2019, TRXD added more than 400 new independent pharmacies, which were successfully onboarded on to the Trxade software trading platform.

On the consumer side, TRXD operates a full-service, mail-order business with pharmacy, warehouse and drug-delivery services, along with a mobile app – www.Delivmeds.com – that enables home delivery. These B2C offerings lower drug costs for U.S. consumers, the company said, and directly challenge the inefficient value chain by providing drug-price transparency and efficient buying and delivery of drugs.

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

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Readies for Canada’s Second Cannabis Wave with Successful Run of APP Extraction Process

  • Sproutly is a licensed producer with exclusive rights to Infusion Biosciences’ groundbreaking Aqueous Phytorecovery Process (“APP”) technology for naturally water-soluble cannabinoids
  • Deloitte estimates that Canada’s cannabis edibles and topicals market could be worth $2.7 billion annually
  • The company has entered into an exclusive joint venture with Moosehead Breweries Limited to develop and produce nonalcoholic, cannabis-infused beverages

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) has reached another milestone by successfully completing the first run of the proprietary Aqueous Phytorecovery Process (“APP”) extraction technology licensed from Infusion Biosciences Inc., Sproutly CEO and Director Keith Dolo announced in a news release (http://ibn.fm/JJ0Yt).

“Sproutly has made significant progress towards building a world-class cannabis beverage and edibles company since going public in July of last year,” Dolo stated in the release. “The successful completion of our first run of the APP extraction technology in Canada marks a major milestone for our company and brings us another step forward in achieving our goal of becoming a leader in the cannabis infused product space.”

The initial APP run took place at Sproutly’s wholly owned Toronto Herbal Remedies Inc., an ACMPR-licensed facility designed and built for cultivating pharmaceutical-grade cannabis for the production and formulation of a natural, truly water-soluble cannabis solution. APP technology extracts water-soluble forms of cannabinoids (Infuz2O) and specific strains of oil-based cannabinoids (Bio Natural Oil), which were both successfully recovered during Sproutly’s first run of the proprietary technology.

“APP technology is a low-cost, gentle method to produce Infuz2O, a groundbreaking discovery that delivers the total effects of the strain of cannabis from which it is made; on-set effects start within approximately 5 minutes and dissipate within approximately 90 minutes,” Dolo stated in an earlier news release (http://ibn.fm/kFEBh).

Sproutly’s premium offering, Infuz2O, is described as “the world’s first and only truly water-soluble cannabis solution” for formulation into beverages. The Infuz2O water-soluble cannabinoids recovered during this first APP run are slated for product formulation and shelf-stability testing for fast-onset cannabis beverages under an exclusive joint venture with OCC Holdings Ltd., an affiliate of Moosehead Breweries Limited (http://ibn.fm/95xol). APP technology is also used in the production of Bio Natural Oils, which deliver the full-spectrum of cannabinoids and terpenes of the strain from which they are made, thus empowering consumers to enjoy the experience of their strains of choice in an edible form (http://ibn.fm/8i8QP).

Deloitte estimates that Canada’s cannabis edibles and beverages sectors will bring $2.7 billion per year into a market that is expected to generate higher profits for retailers (http://ibn.fm/8jRwC). Deloitte’s report, titled ‘Nurturing new growth: Canada gets ready for Cannabis 2.0’, indicates that the new legislation will likely attract consumers who have been reluctant to try traditional cannabis consumption methods.

Sproutly’s team is working diligently, developing and formulating fast-acting and long-lasting Infuz2O and Bio Natural Oil edible products for the Canadian market that meet Health Canada’s specialized regulations. A review of the final regulations for cannabis edibles, extracts and topical products, published on Lexology.com (http://ibn.fm/KLiOb), stated that, while the rules come into force on October 17, 2019, it will likely take until mid-December before consumers find the products on store shelves.

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

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

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Enhanced DehydraTECH Delivers More CBD into the Body

  • The new version of the DehydraTECH delivery platform is suitable for use in pills, capsules and tablets for the pharmaceutical, medical and supplement markets
  • DehydraTECH has demonstrated that it can deliver eight times more CBD into the blood than standard industry formulations
  • Animal testing shows that combining DehydraTECH with a nanoemulsion formulation greatly assists delivery of cannabinoids and nicotine across the blood-brain barrier

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) new enhanced version of its patented delivery technology, DehydraTECH, has demonstrated that it can deliver eight-times more CBD into the blood and 19-times more CBD into the brain tissue than standard industry formulations. These results were confirmed in clinical lab tests conducted with live animals. LXRP has filed new patent applications based on these innovations (http://ibn.fm/5y9TR).

The new DehydraTECH delivery platform is ideally suited for solid-oral dosage forms such as capsules, pills and tablets for use by the pharmaceutical, medical and supplement markets.

LXRP intends to perform more studies on the enhanced DehydraTECH and focus on optimizing implementation regarding product applications for its licensees.

In earlier test results, LXRP announced that original or standard DehydraTECH combined with generic nanotech techniques delivers 1,137 percent more cannabidiol (CBD) into animal brain tissue following oral ingestion than certain existing industry formulations (http://ibn.fm/kxoTG). The tests consisted of oral administration of CBD into 10 male Sprague-Dawley rats.

In animal tests conducted in 2018 and 2019, results showed that DehydraTECH greatly assisted in the delivery of drugs, including nicotine and cannabinoids, across the blood-brain barrier. The demonstrated effectiveness of DehydraTECH, combined with nanoemulsification, significantly expands the application of the technology for conventional dosage forms, consumable liquids and beverage dosage forms.

LXRP is a Canadian bioscience company and a drug-delivery platform innovator. The company out-licenses its disruptive delivery technology, DehydraTECH. The technology is designed to promote healthier ingestion methods and lower overall dosing. Lexaria is the only company globally to have a patent issued for the oral delivery of all cannabinoids. DehydraTECH has received patents in the United States and Australia, and has multiple patents pending in more than 40 countries worldwide.

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

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

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Celebrates Cannabis Shipment to 10th Canadian Province

  • Organigram is in a sharp growth pattern as the company builds toward its production capacity target of 113,000 kilograms of cannabis per year at its New Brunswick campus
  • The company’s recent announcement of Health Canada’s licensing approval for an additional 17 cultivation rooms brings total licensed target production capacity to 61,000 kg per year
  • The company announced a shipment of product to Quebec in June, marking its official fulfillment of an order to the last of Canada’s 10 provinces and establishment of its coast-to-coast network
  • Organigram is also refurbishing its Moncton Campus for its own edibles facility and additional in-house extraction capacity

According to its announcement on June 24, Organigram Holdings Inc. (NASDAQ: OGI) (TSX.V: OGI) received licensing approval for 17 cultivation rooms to complete licensing of the Phase 4A development of its Moncton Campus in New Brunswick (http://ibn.fm/VGwBX) for total licensed target production capacity of 61,000 kg per year. By the end of the year, Organigram is expected to complete construction on Phase 4 expansion for total target production capacity of 113,000 kilograms per year, once fully licensed and operational(1).

The company is also refurbishing part of its facility at its Moncton Campus in order to pursue Phase 5 development of a cannabis edibles and derivatives facility and additional extraction capacity. The company has committed to invest C$15 million in a chocolate production line, with capacity of up to four million kilograms of chocolate cannabis edibles per year (http://ibn.fm/U7RNg).

Organigram began trading common shares on the Nasdaq in late May, uplisting from the OTCQX Best Market. One of only a handful of licensed producers operating in all of Canada’s provinces, the company celebrated the first shipment of its cannabis products to Quebec in June, marking official fulfillment of orders in all 10 provinces from coast to coast.

“Our national reach means brands such as Edison Cannabis Co. and Trailblazer are available across the country, offering a range of cannabis options for legal adult recreational cannabis consumers,” CEO Greg Engel stated in the news release announcing the shipment (http://ibn.fm/MRw2L). “As we look ahead to the legalization of edibles and extracts, we are excited to have the national network in place to offer Canadians access to new thinking and new products as they explore Cannabis 2.0, and a new cannabis experience.”

The company continues to build strategic partnerships as part of its focus on expanding globally, targeting international cannabidiol (CBD) product markets beyond Canada’s borders. In line with its strategy, the company generated positive adjusted EBITDA of C$13.3 million(2) in the second quarter of its fiscal year, marking positive adjusted EBITDA for the third consecutive quarter.

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

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

(1) Several factors can cause actual capacity to differ. Please see the company’s latest MD&A and Annual Information Form.

(2) Adjusted EBITDA is a non-IFRS measure. Please see the company’s latest MD&A.

Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Carving out Niche in Burgeoning LTE Market Projected to Reach $997B by 2020

  • Siyata Mobile offers the world’s first and only dedicated in-vehicle, 4G/LTE-capable smartphone specifically designed to optimize mobile communications while driving
  • The company’s focus is on what three financial analysts suggest is a $13 billion total addressable market in North America, with no direct competition
  • Siyata’s UV350 is the first in-vehicle mounted phablet approved for use on both the AT&T and FirstNet networks

Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF), a leading global developer and provider of 3G and 4G/LTE in-vehicle smartphone cellular solutions, is making a major claim – development of the world’s 4G/LTE vehicle-mounted cellular device specifically designed for first responder and commercial fleet vehicles. Siyata Mobile is the only cellular vendor with a dedicated in-vehicle device – the Uniden UV350 – targeting this unique market segment in North America, which company research suggests is a more than $13 billion market (http://ibn.fm/pE0eE).

On a broader scale, the global LTE market is projected by Allied Market Research to reach $997 billion by 2020, growing at a compound annual growth rate of 58.2 percent from the forecast period of 2013-2020 (http://ibn.fm/9pxIQ). The report specifically identifies first responders as a sector seeking to adopt the more robust and high-speed communication service provided by 4G/LTE devices.

Siyata Mobile’s FirstNet Ready Uniden UV350 4G/LTE In-Vehicle Device for Public Safety (http://ibn.fm/U9fpc) is designed for the cabin of fire trucks, ambulances and police squad cars, combining the functions of multiple devices into one. It supports the FirstNet band 14 spectrum and gives public safety subscribers access to the dedicated, physically separate FirstNet network core that provides priority during emergencies.

With an estimated 10 million commercial trucks on America’s roadways and more than 3.5 million emergency vehicles responding to public safety needs, that’s a market segment Siyata Mobile is prepared to serve, said CEO and Chairman Marc Seelenfreund said in an interview with InvestorIntel (http://ibn.fm/V6p9Z).

“We have created a new category within the cellular device community. We are the first company to have developed vehicle mounted phablet, dedicated for the needs of commercial vehicles. It is a device that gives the ultimate communication for commercial vehicles,” Seelenfreund stated in the interview. The UV350 runs on cellular LTE networks that provide nationwide and global coverage, replacing traditional single purpose two-way radios that require a large CAPEX, monthly fee and limited network coverage.

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

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

Golden Developing Solutions Inc. (DVLP) Announces Sequential Monthly Sales Growth, Partners with DNA Brands to Enter CBD Marketplace

  • Golden Developing Solutions recently released its updated financial results, reporting 160 percent growth across multiple segments
  • DNA Brands signed a preliminary agreement to enter the CBD marketplace with Golden Developing Solutions
  • The company’s CBD Infusionz and Where’s Weed segments have been showing strong sales growth

Golden Developing Solutions Inc. (OTC: DVLP), an emerging leader in both the ancillary software and cannabidiol (CBD) products marketplace, recently released updated financial data highlighting tremendous growth for the company as a result of several strategic implementations.

Because of its expanded production capacity and the acquisition of Infusionz LLC, Golden Developing Solutions totaled more than $629,000 in monthly sales during May, boasting an annualized sequential monthly sales growth rate of almost 160 percent (http://ibn.fm/ZzCAu). Upon completion of its CBD Infusionz acquisitions, Golden Developing Solutions noted markedly accelerated growth across all segments.

Company CEO Stavros Triant shared his excitement for the company’s advantageous market position and its upcoming growth potential. “Everything is clicking right now. CBD Infusionz has moved into its expanded facility, and the booming demand continues” he said in a news release. “Our Where’s Weed segment is powering ahead at the same time. We couldn’t be more excited about how we are positioned right now and what we see ahead of us in coming months and quarters.”

Sales increases came from several of the company’s powerhouse players. Its Where’s Weed segment, an online and mobile cannabis-services hub, contributed most significantly by booking $135,000 in April sales and $153,000 in sales during May. This translates to 164 percent annualized sequential monthly sales growth. Additionally, CBD Infusionz demonstrated exceptional annualized sequential monthly growth of 158 percent, taking in $421,000 in April sales and $476,000 in May.

To add to its impressive financial performance, Golden Developing Solutions is pursuing a strategic partnership to broaden its industry presence. The company recently signed a preliminary partnership agreement with DNA Brands Inc. aimed at working together to reformulate the latter’s award-winning energy drink line to include CBD and natural sweeteners.

DNA Brands’ line of carbonated energy drinks and energy coffees includes a variety of flavors. The partnership agreement will allow Golden Developing Solutions to work with the DNA scientific team to reformulate, market and distribute the award-winning line of beverages. As part of the agreement, Global Developing Solutions has agreed to bear all costs associated with reformulation, production, packaging, advertising and distribution upon completion of a licensing deal.

“We will be working with our scientific team over at Parkside Beverage with the intent of reformulating and producing CBD-infused and non-CBD energy drinks,” DNA Brands CEO Adrian McKenzie stated in a news release (http://ibn.fm/dc7xS). “Licensing our proprietary brand of energy drinks to Golden Developing Solutions makes sense, in that it would provide us a platform to penetrate an extremely robust CBD market.”

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

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

From Our Blog

Xeriant Inc. (XERI) Builds Innovation Ecosystem Focused on Advanced Technologies, Commercialization

February 6, 2026

As investor interest in advanced technology platforms grows alongside breakthroughs in research, materials science and data-driven innovation, Xeriant (OTCQB: XERI) is shaping a strategy that extends well beyond any single product or material solution. Rather than positioning itself as a one-technology company, Xeriant is increasingly defining its identity around building an integrated innovation ecosystem focused […]

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