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Prime Harvest Inc. Launches Weed 4 The People Reg A+ Offering to Fund Cannabis Retail and Delivery Expansion Across California

  • Prime Harvest launched Reg A+ offering, Weed 4 The People, which enables public to invest for as little as $4.20 per share
  • Company aims to raise $42M to fund expansion of JAXX Cannabis, flagship store and delivery platform
  • Company achievements include 976% revenue growth from 2019-2022, 395% unique customer growth, 60+ brand partners
  • Company aims to open 20++ locations across California within five years, recently received approval recommendation for conditional use permit to open retail cannabis outlet in the City of San Diego

Prime Harvest, a tech-focused legal cannabis enterprise and parent company to SoCal’s premier dispensary JAXX Cannabis, recently launched Weed-4-The-People – the company’s Reg A+ offering that allows the public to own a piece of the company for as little as $4.20 per share at a minimum of 100 shares.

Prime Harvest aims to raise upwards of $42M to fund the expansion of JAXX Cannabis, the company’s flagship store, and delivery platform. Options for potential investors range from $420 to $50,000+, with rewards that include equity stake in the company, and in store benefits including instant rebates, cashback incentives, Jaxx tasting room access, bonus shares, and more.

Weed-4-The-People is a  different type of stock offering; an offering where every single dollar you invest goes toward the acquisition of licensed assets, toward the development our direct-to-consumer mobile app, and the expansion of state-wide delivery,” stated Prime Harvest Founder Duane Alexander in a note on the Reg A+ offering website.

Prime Harvest has been active in the San Diego cannabis space since its inception as a local producer in 2017. The company has since grown to include 60+ brand partners, including iconic brands like Jeeters, STIIIZY, Lime Cannabis Co., West Coast Cure, and Grizzly Peak.

The company’s objective is to continue the development of its upcoming first-in-class delivery service mobile app which promises to strengthen the commercial cannabis pipeline while offering consumers a personalized, data-driven experience. According to Reg A+ offering website, company revenue grew by 976% from 2019-2022, while annual customer growth increased by $696 and unique customer growth expanded by 395%.

Prime Harvest aims to open 20+ locations across California within the next five years. The company recently received an approval recommendation from the San Diego Planning Group for a conditional use permit to open a retail cannabis outlet in the City of San Diego (https://ibn.fm/VXkSo). Unlike previous attempts from different business entities, Prime Harvest’s application took a positive turn due to noteworthy support by the local community during the public hearings process.

Prime Harvest continues to grow its footprint in California by investing in the growth and scale of current licensed assets, focusing on acquisition, compliance management, and direct-to-consumer operations. With an experienced leadership team, a solid business foundation, and a winning track record, the company is strongly positioned to lead California’s rapidly growing cannabis sector.

For more information on Prime Harvest’s Reg A+ offering, visit www.weed4thepeople.com.

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

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

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Strengthens its Fundamental Corporate Tenet with Key Executive and Management Team Appointments

  • Ucore announced new additions to its executive and management teams in what the Chairman and CEO, Pat Ryan, believes strengthens and advances the company’s fundamental corporate tenet
  • Geoff Atkins was appointed as Ucore’s Vice President of Business Development, while Jaan Hurditch was appointed as Engineering Director, leading the company’s engineering activities
  • Ucore also bolstered its Advisory Board with the appointment of Dr. Ahmad Hussein, who will also serve as the Government Liaison
  • These appointments come just in time following the commissioning of the demonstration plan in Kingston, Ontario

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals (“CM”) separation technology company, just announced new additions to its executive and management teams in a move that sees the company transition toward production. As a company committed to executing an environmental, social, and governance (“ESG”)-centered plan toward establishing a comprehensive North American critical metals supply chain, these appointments, according to the company’s Chairman and CEO, Pat Ryan, allow Ucore to strengthen and advance its fundamental corporate tenet (https://ibn.fm/ZRJg1).

“These recent additions to the Ucore team allow the company to strengthen and advance this fundamental corporate tenet as Ucore executes its transition to a technology company entering into a production environment throughout 2023 and 2024,” noted Mr. Ryan.

Geoff Atkins was appointed Ucore’s Vice President of Business Development, lending over 30 years of experience as a mining executive and over 15 years in the critical mineral sector. Mr. Atkins’ focus on developing rare earth projects over his career has earned him the title of one of the few mining executives outside China who has played an integral role in establishing two rare earth operations. At Ucore, he will be responsible for the development of implementation strategies to secure contracts with rare earth feedstock projects worldwide in a bid to support Ucore’s Strategic Metals Complex (“SMC”) Business Model.

Jaan Hurditch was also appointed as Engineering Director, leading the company’s engineering activities. Having previously worked with Ucore’s wholly owned subsidiary, Innovation Metals Corp. (“IMC”), as the RapidSX(TM) Platform Development Manager, Mr. Hurditch will now be responsible for the development of the RapidSX(TM) hardware platform. The platform is undergoing commissioning trials at the Kingston, Ontario, Demonstration Plant, and is projected to be commercially deployed during the construction of the Louisiana SMC in 2024.

Ucore also bolstered its Advisory Board with the appointment of Dr. Ahmad Hussein, who will also serve as the Government Liaison. With a legacy of cultivating strategic relationships with Canadian and US government agencies, Dr. Hussein will bring potential partners across the supply chain and add value to Ucore’s proprietary RapidSX(TM) technology platform opportunities and long-term strategic plans.

“One of the key pillars of our business model includes building the right team to execute a fundamentally sound economic plan underpinned by the best available technology,” noted Pat Ryan.

“We sincerely welcome Geoff, Jaan, and Ahmad to our remarkable Ucore team,” he added (https://ibn.fm/7A1uw).

These appointments come just in time following the commissioning of the demonstration plant in Kingston, Ontario, along with the scheduled processing of 2,000 tons of total rare earth oxides annually, commencing by the end of 2024. The company plans to scale up operations at the plant to 5,000 tons by the end of 2026, and these appointments will play a key role in achieving that goal. The appointments will also be integral to Ucore further expanding its operations, market reach, brand equity, and overall market share of the Rare Earth Elements (“REE”) processing market, which China currently dominates.

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

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

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Launches Phase 3 Drill Program at High-Grade VMS Copper-Gold-Zinc-Silver Project

  • Arizona Metals is focused on its high-grade copper-gold Kay Mine Project in Arizona
  • The company has budgeted $32 million for a Phase 3 exploration program at Kay Mine Project and had an aggregate of $58 million in cash at the end of Q3 2022
  • The company has recently commenced its latest drill program as it seeks to better understand the mineralization at the 97% of its project that has yet to be drilled

Right now, metals across the periodic table are arguably in their best position of the memorable past for future upside. The energy transition is bullish for base, ferrous, non-ferrous, and metals critical to green technologies and the entire supporting cast, such as infrastructure for electric vehicles and alternative energy systems. Economic upheaval is churning on the sidelines globally, which is positive for gold and other precious metals known historically as stores of value and inflation hedges. Against this backdrop, the timing looks ideal for exploration companies like Arizona Metals (TSX: AMC) (OTCQX: AZMCF) to be positioned for a prosperous 2023 and beyond with its high-grade Kay Mine Project.

Fully funded for a $32 million Phase 3 exploration program at the Kay Mine Project, Arizona Metals stands out from others at a time when metals are being called “the new oil” in light of surging demand across the board. This is particularly important to U.S. focused explorers as the country is in desperate need to reduce reliance on metal imports and develop new projects as a matter of national security.

The Toronto Stock Exchange is a bellwether for sentiment towards mineral explorers. A look at the chart shows a potential momentum shift with a groundswell of interest in 2023. After finishing 2022 at 108, the index has gained 10 percent so far in 2023 and earlier this month tested its highest point since September.

Threats of rising inflation, an energy crisis, and rising interest rates hearken memories of the early 1980’s when gold soared as recession worries mounted. So far, Wall Street is banking on the Federal Reserve taming inflation with all tools at its disposal, but if there is even a hint of concern that the main bank loses control, gold will almost certainly rally hard. 

Base and metals part-and-parcel to shifting away from fossil fuels are going to experience a large rise in demand. It’s inevitable if governments worldwide are going to meet their aggressive carbon reduction goals in the next decade. Silver is particularly interesting as it is generally identified as a precious metal, while many also recognize it as a base metal for its litany of uses in industry.

Arizona is a hotbed of mining activity and the largest producer of copper in the U.S. Known to be familiar to base metal exploration, the Fraser Institute in 2020 named Arizona the second most attractive jurisdiction for mining investment.

Add it up and Arizona Metals is pushing at the right time to advance the Kay Mine Deposit, its flagship copper-gold-zinc-silver asset located in Yavapai County. The world-class VMS (volcanogenic massive sulfide) high-grade deposit has a history going back over a century in a prolific region that includes 60 past-producing underground Cu Au-Zn VMS mines within a 150-kilometer radius.

An historic resource estimate at Kay shows 5.8Mt at 2.20% copper, 3.03% zinc, 55 grams/tonne (g/t) silver, and 2.81 g/t gold.(1) Exploration by Arizona Metals has continued to prove and expand the resource with repeated intercepts of high-grade metals. Cuts such as 98.3 meters at 8.3g/t AuEq (gold equivalent) in drill hole KM-22-60 and 125 meters grading 3.2% CuEq (copper equivalent) in KM-22-57B distinguish the project for grade and width.

In February 2023, the company completed construction of the road to the first of two drill pads which will be used to test the Western Target at Kay Mine. These new pads will also allow for drilling of additional coincident anomalies located between the Central and Western Targets. The Central and Western Targets were previously defined based on coincident structural, stratigraphic, geochemical, and geophysical anomalies (through extensive geologic mapping, sampling, and electromagnetic and gravity surveys). The Phase 3 drill program to test the Central and Western Targets is currently underway.

With $58 million as of September 30, 2022 (the latest reported quarter), Arizona Metals is flush with cash to meet its $32 million budget for a Phase 3 drill program.

Arizona Metals CEO Marc Pais said, “the first hole to test this large coincident EM-geochemical-gravity anomaly is now underway. While this target is located only 1,200m west of our Kay Mine Deposit, the drilling started in February will be the first to test this area in the history of the property.”

While drilling at the discovery zone is looking like it could produce “company maker”-type metals on its own, the new exploration is reason for investors to be excited for results. To date, only 3 percent of prospectively mineralized horizon has been drill tested at the Kay Mine Project, leaving a lot of headroom for expansion amid an extremely favorable mining environment. On Feb. 28, 2023, the company presented its latest findings at the 32nd Global Metals, Mining & Critical Minerals Conference.

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

Full Disclosure: Arizona Metals Corp. is an InvestorBrandNetwork marketing client.

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

(1) The historic estimate at the Kay Mine Deposit was reported by Exxon Minerals in 1982. The historic estimate has not been verified as a current mineral resource. None of the key assumptions, parameters, and methods used to prepare the historic estimate were reported, and no resource categories were used. Significant data compilation, re-drilling and data verification may be required by a “qualified person” (as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects) before the historic estimate can be verified and upgraded to be a current mineral resource. A qualified person has not done sufficient work to classify it as a current mineral resource, and Arizona Metals is not treating the historic estimate as a current mineral resource.

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) CEO, Chris Bunka, Confident that 2023 will be Lexaria’s Best Year Ever

  • Chris Bunka, Lexaria’s CEO, remains confident that 2023 will be Lexaria’s best year ever and has expressed his optimism that the company will continue to build its client base and increase its cash flows as the year progresses
  • In his 2023 letter to stakeholders, the CEO expressed his satisfaction given that the company had delivered on a statement that he made the previous year, lauding his team for meeting objectives that Lexaria had set out to achieve in the 2022 calendar year
  • Through the help of his team, Bunka is committed to making Lexaria one of the top drug delivery performers in the biotech/pharmaceutical world, starting with the launch of its FDA-registered IND program to investigate its patented DehydraTECH(TM)-processed CBD for the potential treatment of hypertension

Back at the start of the 2022 calendar year, Chris Bunka, the CEO of Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, released his annual letter to all stakeholders. Of note was his emphasis on the company’s initiatives to have multiple choices in how it was funded, specifically trying to position Lexaria for non-dilutive injections of capital through strategic partners and other commercial relationships (https://ibn.fm/FBOAY).

In his 2023 letter, Bunka expressed his satisfaction and pleasure, given that the company delivered on the statement he made the previous year, pointing to his team for delivering objectives that Lexaria had set out to achieve in the 2022 calendar year.

Under the able leadership of John Docherty, Lexaria’s President and Director, as well as Gregory Downey, the Chief Financial Officer (“CFO”), the company has built on the progress made in 2022 to begin the transition toward a more commercial focus.

Lexaria was granted new patents in 2022, bringing its total to 28 granted patents worldwide across the United States, Canada, Mexico, Australia, Japan, India, and the European Union. The management expects to be awarded additional patents in the 2023 calendar year, even though it has already achieved considerable intellectual property protection through its existing patent portfolio.

Importantly, with its current positioning, Lexaria is seen as being able to fully operate through nearly all of 2023 without raising additional capital:

“In fact, we’ve done such a great job of preserving capital that we could survive through nearly all of 2023 without needing to raise additional capital, if we cut back a little on our R&D spending,” noted Bunka. “However, as we prefer to keep advancing our applied R&D at a rapid pace as we can, we are also continuing to pursue capital-strengthening possibilities that do not involve the issuance of any equity,” he added.

Going forward in 2023, Lexaria looks to launch its FDA-registered Investigational New Drug (“IND”) program to formally investigate its patented DehydraTECH(TM)-processed CBD for hypertension. The company also seeks commercial relationships this year, even as its R&D progresses. Bunka has also shared the possibility of additional investigations in 2023 related to DehydraTECH-CBD or other pharmaceutical areas of interest.

With the learnings from the previous year, Bunka is confident that 2023 will be Lexaria’s best year ever. With the company enjoying more successes than failures, its management hopes it will continue to build its client base and increase its cash flows as the year progresses.

“It is my goal for 2023 to make Lexaria Bioscience one of the top drug delivery performers in the biotech/pharmaceutical world as we continue to prove the validity of our technology, and really begin our efforts to deliver financial rewards to you, our owners,” noted Bunka.

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

DGE 7th Decentralized & Hybrid Clinical Trials Summit to Expand Trial Accessibility and Diversity

DGE invites Clinical Innovation and Development experts, Patient Recruitment specialists, and Clinical Safety/Regulatory Affairs officers, to attend the 7th Decentralized & Hybrid Clinical Trials Summit, to be held in Philadelphia, PA, May 10-11, 2023.

Decentralized and hybrid clinical trials remove geographic hurdles and increase patient participation rates and diversity – as long as the teams are aptly trained and have the right technology and partners.

The 7th Decentralized & Hybrid Clinical Trials Summit is the industry’s most reliable conference for providing key strategies on a subject that, in the post-COVID era, became essential. Attendees will gain new approaches for improving patient-centricity and study enrollment, irrespective of therapeutic area or population size.

A decentralized clinical trial DCT is about more than just presenting new digital tools and technologies. Transformation requires the serious reconsidering of old ways of working, and the willingness to implement new behaviors. The Philadelphia summit offers the following to directly address these issues:

  • Refining patient recruitment strategy
  • Quickly upscaling digital technologies
  • Prioritizing patient diversity
  • Adapting biospecimen collection and management methods
  • Benefiting from retail pharmacy partners

Prioritizing Patient Centricity in Remote Clinical Development

With the global virtual clinical trial market value projected to expand at a compound annual growth rate (“CAGR”) of 5.1% from 2020 to 2027 from a baseline of $7.0 billion in 2019, the era of DCT is here to stay.

The clinical trial landscape is dynamic. New innovations and technology have changed clinical trial design. COVID placed greater industry emphasis on remote and decentralized clinical trials, which can be specifically valuable for late-stage studies. DCTs represent an exemplary shift that can deliver a greater level of diversity in trials than previously seen.

The acceptance rate of decentralized trials is likely to rise to more than 50% by 2024. As this innovative method of steering studies continue to decrease the patient burden and eliminate barriers to access, the drive to adopt DCT at a full enterprise scale is increasing.

The most complicated and time-consuming phase of the clinical trial process is patient recruitment and retention. Customary recruitment approaches have significantly failed to garner a wider and more diverse group of study participants to represent real-world patients. With DCTs holding the potential for more study enrollment, businesses need to reconsider their recruitment strategies. This approach leverages mobile or community-based providers (imaging facilities, ambulatory clinics, and laboratory centers), digital tools, and a supply chain to exclude the need for routine in-person interactions.

To learn more, please visit https://ibn.fm/IBbV1

Opportunities Amid Global Energy Supply Transition on Display at London’s Mines and Money Connect Convention

Drawing on more than 20 years of experience in connecting investors, mining companies, tech providers, government officials, policymakers, innovators and consultants, this year’s Mines and Money Connect convention will bring a world of mining interests together for two days of activities in London, the heart of economic capital.

The metals and minerals mining marketplace is weathering pressures that reach beyond the geologic forces shaping the vital energy-related commodities. Amid concerns about climate change and the impact of humanity’s quest for an ever more nimble global transportation infrastructure, supply-side producers and shippers as well as support-side investment and capitalization interests are rapidly forming strategies that will position them for future developments.

Mines and Money’s London convention, following on a pivotal launch last year, will unite hundreds of international investors with companies looking to drive the world’s next big discovery in energy supply markets. More than 700 attendees are expected at the April 25-26 event at the County Hall Venues, a 68,000 square-foot building located in the Thames River’s South Bank district, linked by Westminster’s and Waterloo’s metro stations and famed for the giant London Eye Ferris wheel tourist attraction.

Educational opportunities will center on topics covering the impact of events such as the war in Ukraine, the recent global pandemic, ongoing efforts to achieve United Nations-sponsored goals for reducing climate-altering pollutants while ensuring productivity in the world’s trade frameworks, and China’s pivotal plays in key commodity supply chains.

Speakers include individuals with a wealth of experience, ranging from decades of diplomatic Senior Foreign Service throughout Latin America by Albemarle’s global vice president for government and community affairs, to the extensive background of Zacapa Resources’ CEO in natural resources, cleantech, investment banking and consulting.

Active buy-side investors directly involved in the natural resources, energy and technology sectors can qualify for free pass access to the keynote presentations, fireside chats, and panel discussions, with the requirement that they attend a minimum of five scheduled meetings with mining and energy companies.

Key Takeaways: 

  • Mines and Money Connect will follow on last year’s wildly popular debut in London with corporate presentations, networking opportunities and scheduled meetings between investors and the executive teams of junior mining corporates
  • Mines and Money anticipates more than 400 investors and more than 70 mining companies in a convention space seated within a 68,000 square-foot venue with easy access to the London Eye and other central London tourist attractions
  • Educational topics at the two-day event will key on supply chain and climate issues, including Financing the Energy Transition, Industry Preparation for Critical Mineral Demand, Supply Chain Risks & Opportunities, Expectation of Gold for 2023, Natural Resources ‘ESG’ Investor Meaning, Uranium Green Metal Investment Opportunities
  • More than 1,200 meetings are expected to be scheduled between executive teams and active, qualified investors
  • The agenda is specifically tailored to promote networking between mining corporates, investors, financiers and industry professionals

Behind The Scenes:

Mines and Money’s is produced by first-class international events organizer Beacon Events, which is focused on the strategic needs and outlook of major business sectors such as the mining industry. Beacon is based in Hong Kong, serving Asia’s increasingly important emerging markets while building must-attend events in Europe and Australia, as well as an online-facing platform.

For more information about this event, please visit https://ibn.fm/puXsn

GeoSolar Technologies Inc. Seeks to Combine Green Power of Solar and Geothermal To Help Homeowners Toward Energy Independence Amid Current Energy and Climate Crisis

  • Renewables, such as wind and solar, are on the rise as the need for a secure and independent energy system gains urgency amid the ongoing energy and climate crisis. Recently, another sustainable green energy source has started to gain traction – geothermal
  • With the core as hot as the surface of the sun, experts say that this natural heat of the Earth is a powerhouse to be tapped into as it can serve as a triple resource – for power, as a long-duration storage, and as a mineral
  • With its SmartGreen(TM) Home system, GeoSolar seeks to combine solar and geothermal to lead Americans toward a greener and more energy-secure future

Nations around the world are facing the hard reality that relying on another country for energy supply and centralized power generation mean being vulnerable to energy insecurity. The good news is that technology already exists to make everyone more energy-secure (https://ibn.fm/hNMMS) and companies like GeoSolar Technologies (“GST”), a Colorado-based climate technology company, work to make this goal a reality by utilizing the power of renewables. With inflation at record-high levels in decades and the risk of energy dependence and climate crisis becoming ever more threatening, GeoSolar seeks to combine the power of solar and geothermal to offer American homeowners solutions that can help them achieve energy security as well as save money and the planet at the same time.

Technologies like wind, solar, and battery storage are growing rapidly each year – in 2023, they accounted for 82% of the new, utility-scale generating capacity the U.S. developers plan to bring online (https://ibn.fm/jOVYQ). Although, another renewable appears to be bursting onto the green energy scene, attracting a growing public interest. It is geothermal energy, a potent clean power source that is still often called the lesser-known renewable cousin of wind and solar.

Although “heat from the Earth” has been used as a source of renewable power for more than a century, recent scientific and technological advancements have provided convincing evidence that the benefits of geothermal can go far beyond delivering a 24/7 clean power source (https://ibn.fm/Lcwx3). The Earth can potentially help tackle multiple barriers the world faces on a wholesale transition toward a cleaner energy future, serving as a triple resource – it can be used for heating, cooling, and power, but it can also be used as a storage and a mineral resource. As a result of this multifaceted role, it comes as no surprise that geothermal sparked interest both from investors and public and private sector leaders. For example, Colorado recently launched “The Heat Beneath Our Feet” initiative to promote geothermal energy generation in this and other western states. “Earth’s heat is always available; it doesn’t go away when the sun goes down. It can play a big role in the energy transition by providing reliable, 24/7 clean energy, and it can do so much more than people think,” said Colorado Gov. Jared Polis as he showcased the laboratory’s geothermal research portfolio to more than 50 leaders. In contrast, wind and solar are intermittent sources of generation as they don’t produce energy around the clock, so battery storage systems are needed to store electricity from these generators for later use. Here lies another benefit of geothermal – instead of using these costly battery systems, the Earth could store energy – and do it at scale to provide ample power to buildings, whole neighborhoods, and even entire cities.

With the core as hot as the surface of the sun, the Earth provides abundant resources that could be utilized using conventional techniques closer to the surface. The United States is currently the world’s leading producer of geothermal electricity due to the western states’ natural, ideal geothermal conditions. As Amanda Kolker, geothermal laboratory program manager at the National Renewable Energy Laboratory recently said, “At just 10 feet below the surface, the temperature remains the same year-round — around 55°F. This means in the summer geothermal technology can provide cooling, and in the winter, it can provide heat,” Kolker explained.

That is exactly the power that GeoSolar aims to tap into. Seeking to lead Americans toward a greener future, GeoSolar developed the SmartGreen(TM) Home system that helps them achieve energy stability and save money while also helping the planet. In a home equipped with the SmartGreen(TM) system, the sun’s energy is utilized to generate electricity through solar panels. Then, the stable temperature of the earth is used to maintain the home at an optimal temperature throughout the seasons, while the company’s proprietary air purifying technology aims to ensure safe and healthy air in the home.

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

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

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Gears up as Renewable Energy Grows Its Stake in Energy Supply Mix

  • Unlike fossil fuels, renewables are on the rise as climate and energy crises accelerate and countries rush to implement a range of policy responses
  • Among renewable energy sources, biogas, also called renewable natural gas, solves for two modern challenges – bloated landfills and the need for rapid decarbonization
  • EverGen emerges as a leader committed to powering a sustainable, net-zero future by tapping into the power of organic waste to electrify homes and vehicles using biogas

The energy sector seems to be at a crossroads: on one side, there are renewables – an emerging green energy sector such as solar, wind, hydro, biofuels, and others that aim to facilitate the transition to a more sustainable economy. And on the other, there are traditional, fossil-based sources – a class of energy has-beens that economies are slowly trying to wean themselves off of. As the energy transition accelerates in the wake of the climate and energy crises, the world needs more renewable energy to replace fossil fuels. That is where companies like EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF), a leading Canadian renewable energy company, step in to offer solutions designed to speed up the shift toward a greener future.

Coal-fired power generation is expected to keep its downward trend, sinking from 20% of the U.S. energy mix in 2022 to 18% this year and 17% in 2024. A recent Morgan Stanley report expects renewable energy to entirely replace coal in as little as ten years (https://ibn.fm/fx2HJ). Gas is also projected to decline from 38% in 2023 and 37% in 2024. In contrast, renewables will continue to rise, reaching 24% of the generating mix in 2023 and 26% in 2024 (https://ibn.fm/KBXJ4).

Among currently available renewable options, biogas has some unique benefits. For example, sourcing energy from biogas could offer the optimal solution to two challenges of the modern world: mounting waste and the need to decarbonize the economy.

As a blend of gases created from waste materials like food waste, municipal waste, animal manure, plant material, and sewage – all of which methane and carbon dioxide make up the majority – biogas can release energy when oxygen is present during the burning process. This energy can be used for producing electricity, food preparation, transportation, and heating, which makes it a promising bioenergy source amid the heated fight against the threat of climate change (https://ibn.fm/Grotz).

Also called renewable natural gas (“RNG”), biogas is considered carbon-negative and, as such, can substantially lower the greenhouse gas (“GHG”) impact of the natural decomposition of waste, the process that releases methane into the atmosphere. Instead, these emissions are captured and transformed into biogas which is then cleaned to create a carbon-neutral or carbon-negative energy source that can be used in the existing gas pipeline grids. But the benefits of biogas do not stop here — byproducts of this process, including liquid and solid digestate matter, can be used as fertilizer and in other applications.

As a result, the global biogas or RNG market is expected to demonstrate considerable growth during 2023-2032. Valued at USD 3250.14 million in 2021, it is projected to grow at a CAGR of 14.5% by 2027, reaching USD 7323.37 million. Top regions include North America, Europe, and Asia-Pacific (https://ibn.fm/ZBOsg).

Tapping into the power of organic waste to electrify homes and vehicles across Canada, EverGen aims to combat climate change by acquiring, developing, and operating a portfolio of renewable natural gas, waste-to-energy, and other infrastructure projects.

Run by industry veterans with decades of combined experience across the energy and infrastructure sectors, EverGen maintains a commitment to continued growth beyond its home market in Canada into other regions of North America. The Company operated three projects in British Columbia before expanding its Canadian presence in 2022 by acquiring a 67% ownership in GrowTEC, an Alberta-based biogas project and a 50% stake in a late-development-stage portfolio of three high-quality, on-farm RNG projects. Founded in 2020, this young company poised for growth went public in 2021 to capitalize on the strong momentum of the green sector.

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

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

Progressive Care Inc. (RXMD) Recent News Indicates Something Big Is Brewing

  • Restructuring whiz takes helm at RXMD
  • New CEO takes no salary or other forms of compensation
  • Company sees infusion of $6 million cash from key investors
  • A synergistic tech-healthcare collaboration grows as financials show upward trend

Looks like something big is brewing at Florida-based Progressive Care (OTCQB: RXMD). Focused on health services, the company offers healthcare services and technology that supports the managed healthcare industry to reduce costs and improve quality of care. The company has been steadily building both its pharmacy and data-management divisions as revenues continue to improve. However, a couple of extremely revealing events recently transpired that may have set the course for considerable upside potential.

The first inkling of something big cooking was revealed in a September press release which announced that Progressive Care had successfully completed a recapitalization of its debt as well as a strategic investment of $6 million from NextPlat Corp. (NASDAQ: NXPL) (https://ibn.fm/5MlTc). Not only did NextPlat invest in RXMD, its CEO, Charles M. Fernandez, along with other investors, purchased approximately $2.8 million of outstanding convertible debt in the company. The press release also stated that Fernandez was named chairman of the board of Progressive Care.

Why would a technology-driven, global, e-commerce platform company and its CEO invest in a healthcare company such as Progressive Care? The answer might be found in NextPlat’s mission statement, which states that the company was “created to capitalize on multiple high-growth sectors.” It certainly appears that Progressive Care has been identified as a high-growth opportunity, which might be explained in part by Fernandez’s quote: “I look forward to working closely with the board and its leadership team to help ensure that during a time when technology is rapidly transforming the healthcare industry, Progressive Care can continue to innovate and make a positive impact on all stakeholders for years to come.”

This transaction becomes even more interesting when looking at the background of Fernandez, who “Fortune” Magazine called a “restructuring whiz” (https://ibn.fm/tWlm7). His Wikipedia page extols his accomplishments in identifying profitable start-up and dislocation opportunities as well as his impressive 30-year career in media, pharmaceuticals, healthcare, finance and technology while working alongside luminary investors such as Bill Ackman’s Pershing Square and Brookfield Asset Management (https://ibn.fm/pNxZD).

The potential for substantial upside at Progressive Care becomes more apparent with a November press release that announced the appointment of Fernandez as the company’s acting CEO. Fernandez provided additional insight by saying: “As many of you are aware, I had joined the board of directors of Progressive Care as the chairman in September. My appointment as chairman was part of the $6 million investment made in Progressive Care in September 2022 by NextPlat Corporation, the company of which I am also the CEO and executive chairman. I will receive no salary or other forms of compensation for my work as CEO of Progressive Care. I am taking on this role with the goal of maximizing the synergies that exist between NextPlat and Progressive Care.”

No salary or other forms of compensation for his work as CEO of Progressive Care — who’s heard of that? Sure, he already made an investment, but that means he must make the company successful for the investment to pay off.  And note that he says he’s taking on the role with the goal of “maximizing the synergies” between NextPlat and Progressive Care. Could there be a near-future technology infusion for RXMD to put it into the upswing of the healthcare market?

In December of last year, the company announced a reverse stock split (https://ibn.fm/C5p6C). Fernandez said: “We are pleased to announce this reverse stock split as we believe it is in the best interest of our shareholders and will help Progressive Care to attract institutional investors as we continue to grow. The reverse stock split changes the price per share and number of shares outstanding but has no effect on the operations of our company nor its size and growth potential.” Notice the reference to “institutional investors,” Fernandez’s wheelhouse, and also note that an increased share price may be the last hurdle before a potential NASDAQ listing, which would open up a multitude of possibilities.

It doesn’t take rocket science to get an idea of what’s happening here. A recognized “restructuring whiz” with more than 100 significant mergers, acquisitions and product-development projects under his belt has made a substantial investment in and taken charge of RXMD. If the past is any prologue to the future, and if Fernandez’s record of success is any indication of future performance, he’s about to apply his “wizardry” to help supercharge growth at Progressive Care.

For more information about the company, visit www.ProgressiveCareUS.com.

NECANN Vermont Cannabis & Hemp Convention to Increase ROI in the Cannabis Industry

Cannabis entrepreneurs, executives, and marketers are invited to attend the NECANN Vermont Cannabis & Hemp Convention to be held from May 6-7, 2023 at Essex Junction, Burlington, VT.

The fast-paced, energetic nature of cannabis and psychedelic events is prominent. NECANN specializes in creating resource hubs for the fast-expanding cannabis industry. Events where entrepreneurs, educators, businesses, advocates, investors, patients, and consumers can learn, connect, and thrive.

NECANN Vermont Cannabis & Hemp Convention will focus on advanced businesses and products serving the cannabis industry and its agricultural, financial, medicinal, and lifestyle aspects. A great substitute to the generic national canna-convention franchises, NECANN Vermont Cannabis & Hemp Convention is focused on each local market’s opportunities and needs. It is the largest convention focused solely on the Vermont market.

The largest comprehensive cannabis convention will feature local government representatives and global industry leaders from across the region presenting discussions and taking part in panel discussions on the convention stage. This multifaceted convention offers a platform for big cannabis business deals to be simplified while providing attendees an opportunity to learn about the cannabis industry.

Insights into Global Cannabis Industry

NECANN takes a collaborative approach to Vermont Cannabis & Hemp Convention that has resulted in regularly high ROI for exhibitors, attendees, sponsors, and the local cannabis market as a whole, expediting growth for all.

Vermont became the 11th state to legalize adult-use cannabis sales, and the second state to do it through regulation instead of a voter initiative. The legislature took additional steps in 2021 in the form of a bill that stiffens social equity provisions by demanding regulators eliminate or reduce licensing costs for applicants who have been deleteriously impacted by the implementation of cannabis laws.

Burlington has a brand-new cannabis market just waiting to blossom. NECANN is proud to be a part of the expansion of such a magnificent community. NECANN Vermont Cannabis & Hemp Convention will help evolving cannabis markets succeed and grow This much-awaited event is expected to attract the largest number of MMJ, local Hemp, and Cannabis industry specialists in the market.

Attendees will get an opportunity to learn about the cannabis laws, how to get a grower’s permit, what fertilizers and tools are required to grow the best crops, an array of health benefits of cannabis, the massive business opportunities the cannabis industry has to offer, and more.

To learn more, please visit https://ibn.fm/WukEz.

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