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Lexaria Bioscience Corp. (NASDAQ: LEXX) Kicks Off FDA IND Filing Process with Granted CRO Contract to California-Based InClin, Inc.

  • Lexaria just awarded InClin, Inc. the contract for CRO services, in a move that lines up with the company’s upcoming FDA-registered, U.S. Phase 1b IND hypertension study, HYPER-H23-1
  • InClin will manage the study in the form of clinical site evaluation and selection, project management, personnel, site training, and more
  • Patient dosing is set to kick off as soon as possible once the expected FDA IND filing and review is completed, which Lexaria hopes will be done this summer
  • HYPER-H23-1 will be Lexaria’s most ambitious study yet, and upon its completion, it will move the company closer to FDA approval of its patented DehydraTECH(TM)-processed CBD

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, just announced the awarding of the contract for clinical research organization (“CRO”) services to California-based InClin, Inc. This move is in line with the company’s upcoming Food and Drug Administration (“FDA”)-registered, U.S. Phase 1b Investigational New Drug (“IND”) hypertension study, HYPER-H23-1 that will explore the potential of its patented DehydraTECH(TM)-processed cannabidiol (“DehydraTECH-CBD”) for the treatment of hypertension (https://ibn.fm/V6RBS).

The study will build on five previous Lexaria studies dating back to 2018, which were each successful, evidencing significant reductions in resting blood pressure over acute and multi-week dosing regimens on 134 healthy and hypertensive persons. The studies also showed that DehydraTECH-CBD produced zero serious adverse events, highlighting its potential to have pronounced clinical benefits relative to available anti-hypertensive therapeutics. The uniqueness of this product is further evidenced by its superior ability to reduce blood pressure over other oral CBD formulations currently in the market.

InClin will help with the study in the form of clinical site evaluation and selection, project management, personnel, site training, clinical database design and management, and quality assurance support. It will also be responsible for medical writing, study documentation creation, biostatistics and programming, support vendor coordination, Independent Review Board (“IRB”) submissions, and more. Study start-up is about to begin, with patient dosing set to kick off as soon as the expected FDA IND filing and review is completed, which Lexaria hopes will be done this summer. Upon the filing, Lexaria hopes for FDA authorization within about 60 days, after which the Phase 1(b) trial aggressively targeting the commencement of patient dosing will kick off.

HYPER-H23-1, titled “A Phase 1b Randomized, Double-Blind, Placebo-Controlled Study of the Safety, Pharmacokinetics, and Pharmacodynamics of DehydraTECH-CBD in Subjects with Stage 1 or Stage 2 Hypertension,” will be Lexaria’s most ambitious study yet. Its primary objective will be to evaluate safety and tolerability in up to 120 hypertensive patients, with secondary objectives including efficacy evaluation in reducing blood pressure together with detailed pharmacokinetic testing. Its successful completion will inch Lexaria closer to FDA approval of its DehydraTECH-CBD. But, more importantly, it will stamp Lexaria’s position as a leader in its space, having come up with a product that achieves a sustained decrease in resting blood pressure following multiple weeks of oral CBD dosing.

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

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Powering a Sustainable Future: The Incredible Whole-System Benefits of Biomethane

  • The European Biogas Association estimates the EU region could rise to 133-283 billion euros annually by 2050
  • EverGen Infrastructure provides a whole-system renewable natural gas solution that converts organic waste to valuable products while reducing pollutive emissions
  • EverGen has assets in three Canadian provinces, including operational facilities in B.C. and Alberta and partnerships with FortisBC, small businesses, and municipalities

Organic waste, which includes agricultural residues, food waste, and yard waste, was historically an infinite liability bound for landfills and incinerators. Thanks to modern technologies like those of EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF), that same waste is now a valuable asset that can be used to create renewable products such as biofuels, bioplastics, fertilizers, and more. By diverting organic waste from landfills and converting it into renewable goods, businesses can reduce their environmental impact, create new revenue streams, and promote a more sustainable economy.

Biomethane is a renewable energy source that is produced from organic matter such as animal waste, food waste, and sewage. It is a clean and sustainable alternative to fossil fuels, and it has the potential to significantly reduce greenhouse gas emissions by capturing and utilizing methane that would otherwise be released into the atmosphere. In addition to its environmental benefits, biomethane also has several whole-system benefits that make it an attractive option for businesses and governments.

On that point, a report titled, “Beyond energy: monetising biomethane’s whole system benefits” from the European Biogas Association shows that, in 2030, the whole system benefits of biomethane production in the EU27 + UK could range from 38-78 billion euros each year. By 2050, the report shows the benefits rising to 133-283 billion euros annually by 2050. Moreover, the report states that the values, which are comparable to the gross domestic products of Luxembourg and Finland, are likely underestimated.

Implementing anaerobic digestion (“AD”) to today’s technology adds even more value, according to the report, to the tune of 84-175 euros per megawatt hour (€/MWh) of biomethane produced. AD is an alternative way to treat manure while producing biogas as a renewable fuel. Highly scientific, increasing the efficiency of AD performance is determined through accurate prediction of biogas yield in different working conditions.

One of the most significant benefits of biomethane is its ability to generate revenue for farmers and waste management companies. By converting organic waste into biomethane, these businesses can create a new revenue stream that can help offset the costs of waste disposal and other expenses. In addition, biomethane can be sold to utilities and other energy providers, providing a reliable source of income for these businesses.

That is where EverGen is establishing itself as “Canada’s Renewable Natural Gas Infrastructure Platform.” The British Columbia-based company provides whole-system solutions for converting organic waste into biofuel for energy or digestate for products such as premium fertilizer or animal bedding. The company operates Sea to Sky Soils and Pacific Coast Renewables organics processing facilities and Fraser Valley Biogas, a RNG facility, in British Columbia. To the east, it has a 67% ownership in GrowTEC, an operational RNG facility in Alberta, and a 50% ownership in Project Radius, one of the most ambitious RNG projects in Ontario.

With investments in the three provinces, EverGen has contracts with local businesses and municipalities to redirect waste from conventional disposal. The company is also a partner to FortisBC, a major Canadian utility, where the renewable natural gas (“RNG”) produced through EverGen systems is sold to FortisBC, which pumps it into its existing natural gas pipelines. RNG is a renewable biomethane that is indistinguishable from conventional natural gas piped from the ground by energy companies.

By capturing these emissions and transforming them into RNG, then combusting them into CO2, the overall greenhouse gases (“GHG”) impact is materially less potent than allowing natural decomposition to release methane into the atmosphere. Liquid and solid digestate matter is a byproduct of the RNG production process and is used as fertilizer and in other applications.

Biomethane offers a number of benefits for the energy sector. As a renewable energy source, biomethane can help reduce reliance on fossil fuels and provide a stable source of energy that is not subject to the same price fluctuations as oil and gas. In addition, biomethane can be used to generate electricity, heat buildings, and power vehicles, making it a versatile and flexible energy source.

Perhaps one of the most promising benefits of biomethane is its potential to support a circular economy. By converting organic waste into a valuable resource, biomethane can help close the loop on waste and create a more sustainable system of production and consumption. This can help reduce the environmental impact of waste disposal and create a more efficient use of resources.

As with any emerging technology, there are challenges to widespread adoption – such as logistical issues in areas where natural gas infrastructure isn’t well established and upfront capital costs. To address these challenges, governments and businesses are working collaboratively on policies and incentives to encourage adoption of renewable technologies. In short, turning organic waste into biomethane and agricultural products is highly attractive compared to fossil fuels and landfills that contribute to climate change today with the added perk of generating revenue for farmers and waste management companies, to creating jobs and promoting economic growth.

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

CISO Global Inc. (NASDAQ: CISO) Gaining Recognition as Key Cyber-Resiliency Partner

  • CISO Global is an ideal partner for CEOs committed to providing the protection their companies need
  • Business leaders need to prioritize security and promote its importance from the top down, says CEO
  • “Ask any CEO to name the issues that keep them awake at night and cybersecurity risk is likely near the top of the list,” Forbes article states

Most CEOs agree that the responsibility for creating a cyber-resilient culture lands squarely on their shoulders. Forbes recently reported on a new study based on interviews with 37 CEOs who share their fears and insights about keeping their companies running despite cyberattacks (https://ibn.fm/mfBFa). The article identifies four key mindsets that CEOs need to lead cyber-resilient companies, mindsets that CISO Global (NASDAQ: CISO), formerly Cerberus Cyber Sentinel Corp., can help executives achieve.

“Cybersecurity is a companywide challenge, and all departments need to be involved to get it right,” CISO Global CEO David Jemmett has said (https://ibn.fm/Cykmp). “Business leaders, therefore, need to prioritize security and promote its importance from the top down, training employees and encouraging them to mirror the attitude.”

In the article, titled “The Essential Playbook on CEOs and Cyber Resiliency,” Forbes reports on a recent study from ISTARI and Saïd Business School at the University of Oxford. “More than any previous study, the report applies a top-management lens to cybersecurity risks and underscores the critical role CEOs play in building cyber resilience,” the article states. “It shares insights from 37 one-hour-long, face-to-face interviews with U.S., Asian and European CEOs whose businesses’ average revenue is $12 billion, employing an average of 40,000 employees. Nine of the CEOs interviewed had guided their company through a serious cyberattack.

“Ask any CEO to name the issues that keep them awake at night and cybersecurity risk is likely near the top of the list — with good reason,” the article continues. “With the accelerating digitalization of business models comes vulnerability to cyberattack. And while spending on cybersecurity increases every year, so does the number of serious incidents. Even the largest and most technologically advanced companies are not immune.”

The article identifies four mindsets that CEOs need to lead cyber-resilient businesses:

  • CEOs interviewed said they feel accountable for cybersecurity
  • CEOs should stay away from blindly trusting their technology teams
  • CEOs should embrace what the authors call the “preparedness paradox,” or an inverse relationship between the perception of preparedness and resilience, meaning the better-prepared CEOs think their organization is for a serious cyberattack, the less resilient it actually is
  • CEOs should adapt their communication styles to manage pressure from external stakeholders who may have different and sometimes conflicting demands

Given these concerns from top-ranked leaders, CISO is in the right place at the right time. The company is gaining recognition as a leading provider of global cybersecurity and compliance as it rapidly expands by acquiring world-class cybersecurity, secured managed services and compliance companies. These acquisitions bring top-tier talent to the CISO table, enabling the company to utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations, mitigating continuing and emerging security threats and compliance obligations.

Firmly rooted in its core belief that “cybersecurity is a culture not a product,” CISO Global (NASDAQ: CSO) is an ideal partner for CEOs who are committed to providing the protection their companies need. CISO is on a mission to demystify and accelerate the journey to cyber resilience for its clients, empowering organizations to securely grow, operate and innovate (https://ibn.fm/LQqfW).

A leader in its field, CISO has gathered a team of highly experienced experts who work closely with company management teams to identify both gaps and opportunities in their current security strategy. Throughout the process, the company and these experts focus on explaining root causes and ensuring full visibility into progress as key steps are taken that are designed to deliver the greatest impact and provide much-needed security.

For more information, visit the company’s website at www.CISO.inc.

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

Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Maintaining 2022 Momentum into 2023

  • “2022 has been a year of accomplishments,” reported Battery Mineral CEO in year-end summary
  • Company anticipates “placing ourselves in a strong position to participate in a robust copper sector in 2023”
  • So far this year BMR has announced key community and social initiatives at its Punitaqui Project and completed a policy, strategy and implementation guide

Following a “transformational” year in 2022, Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) is continuing to see significant growth and progress in 2023. In its 2022 summary to shareholders, the company recounted the year’s highlights and pointed toward an equally successful 2023 (https://ibn.fm/9vH3P).

In the 2022 recap, BMR outlined key accomplishments that included the funding and completion of its Punitaqui resource drill program; key changes designed to strengthen its leadership team and board of directors; strong gains in its permitting program; and an increased focus on strengthening community relations and engaging with communities where it operates. In addition, the company reported that it monetized its noncore assets and secured nondilutive convertible debt and bridge-loan financing.

Finally, the company reported better-than-expected metallurgical results and a robust initial NI 43-101-compliant mineral resource estimate for its four underground deposits at Punitaqui, two of which had not previously had resource estimates (San Andres and Cinabrio Norte).

“2022 has been a year of accomplishments, all of which add to the value of the Punitaqui mine in Chile and also derisk the near-term resumption of operations and cashflow at Punitaqui,” BMR CEO and director Martin Kostuik stated in the 2022 report. “From exploration, engineering, community and permitting successes to realizing several nondilutive means of funding to allow BMR to advance the project, our team looks forward to taking advantage of the renewed positive market sentiment for near-term copper pricing and placing ourselves in a strong position to participate in a robust copper sector in 2023. With several interested parties and due diligence advancing well, we look forward to securing the remainder of the funding required early next year to advance the mine and resume operations of the copper-processing mill shortly thereafter.”

Already this year, Battery Mineral has shown continued momentum with key announcements regarding community and social initiatives at the Punitaqui Project in Chile (https://ibn.fm/THpyJ) and the completion of a policy, strategy and implementation guide for current and future social and community engagement and reporting (https://ibn.fm/4bqJi).

At the Punitaqui Project, BMR completed agreements with the Comunidad Agricola Potrerillos Alto (“Potrerillos Community”) and the Comunidad Agricola Punitaqui (“Punitaqui Community”) to allow for surface exploration consisting of a ground magnetic survey, geological mapping, and sampling to identify potential new targets on grounds for which the Potrerillos Community has surface rights. According to the agreement, BMR personnel and contractors will have permission to access and conduct agreed-upon surface work.

“The agreement also allows BMR to drill the potential targets to be defined within the first stage of exploration,” the company noted. “These areas to be explored have not been previously examined, and ground magnetic surveys have been successfully used in the area as a first step to locating possible new target mineralization. Battery will hire members of the Potrerillos Community to assist in these endeavours at market rates of remuneration. BMR will now be able to follow up on any encouraging exploration results.”

The company outlined key aid and improvements it will provide for the community, including funding the construction of a water well for the people of Potrerillos and supporting payment for the services of the manager of the school nursery of the Cordillera de Potrerillos Alto School, which the company has been paying since September 2022. In addition, BMR is working to establish a community-engagement and meeting office at the Punitaqui copper processing plant site. “The office will allow for all persons in the direct area of influence of our operations to liaise in-person with Battery at their convenience. The company hopes to have this new office in place in the coming weeks.”

Battery Mineral Resources is a battery minerals company providing shareholders with exposure to the global megatrend of electrification while focusing on growth through cash flow, exploration, and acquisitions in favorable mining jurisdictions. Battery Mineral’s mission is the discovery, acquisition and development of battery metals (cobalt, lithium, graphite, and copper) in North America, South America and South Korea and to become a premier and responsible supplier of battery minerals to the electrification marketplace.

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

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

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Looking to Bolster North American REE Dominance Amid China’s Move to Ban Rare Earth Metal Exports

  • Nikkei Asia has reported plans for China to amend its 2020 technology export restriction list with propositions to either ban or restrict exports of technology to process and refine rare earth elements
  • These developments have encouraged both Washington and Tokyo to develop rare earth supply chains with little to no dependence on China
  • Ucore has long been focused on growing North America’s REE self-reliance in response to these developments, and its recent announcement of a $75 million investment in capital expenditures (CapEx) over the next four years points to a company committed to helping North America achieve full autonomy and independence in this sector


Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals (“CM”) separation technology company, is eyeing new opportunities, mainly stemming from recent developments in China that could see the country ban rare earth metal exports. In a move that seeks to reduce the over-reliance on China for its rare earth elements (“REE”) imports, the company is looking to develop and scale its North American facilities, as evidenced by recent investments in this area. By doing so, it hopes to reduce the vulnerability of North American companies reliant on these elements.

In 2020, China updated its technology export restriction list, which proposed either a ban or restriction of exports of technology to process and refine rare earth elements. In what can be described as an interesting development, Nikkei Asia has reported plans to amend this restriction list, with proposals to prohibit or even limit exports of alloy tech intended to make high-performance magnets derived from rare earths (https://ibn.fm/TEkdE).

This makes the second time China has reduced the export of rare earth metals and used it as a bargaining chip to influence trade and politics in its favor. In 2010, the country stopped all rare earth metal exports to Japan for two years following the Senaku Islands dispute. As a country that controls 84% share of the global market in neodymium magnets and over 90% interest in samarium cobalt magnets, China has a clear upper hand, hence its use of such punitive policies to grow its financial and, by extension, its political might.

Given the growing tensions, Washington and Tokyo have resorted to developing rare earth supply chains with little to no dependence on China. In addition, the two countries are steadily restricting exports of advanced semiconductor tech to China, aiming to blunt the nation’s rise in the high-tech field (https://ibn.fm/7315J). Ucore is central to North America’s REE self-reliance in response to these developments. Thus far, its initiatives indicate that the company and the nation are on the right path.

Ucore recently announced a $75 million investment in capital expenditure (“CapEx”) over the next four years to establish North America’s first modern technology REE separation and purification facility. Once installed in England Airpark Community in Alexandria, Louisiana, this facility will have a maximum production rate of 5,000 to 7,500 tons per annum of total rare earth oxide (“TREO”) throughput upon its completion. In addition, the facility will create at least 100 family-wage paying jobs by 2027, with the added potential of attracting other projects, which will create even more jobs (https://ibn.fm/myDOF).

As the global rare earth metals industry continues to evolve, and as associated materials and products continue to serve as the lifeline of various economies worldwide, there is a growing importance of having a non-China-dominated REE supply. While there are still some ways to go to achieve full autonomy and independence, Ucore is helping push the envelope in the right direction. Setting up facilities that bring North America closer to achieving that objective is a crucial first step in achieving that goal.

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

Freight Technologies Inc. (NASDAQ: FRGT) Secures Participation of Whirlpool on its Platform, Cementing its Position as a Trusted Logistics Partner

  • Freight Technologies (Fr8Tech) just secured the participation of Whirlpool, one of the world’s largest home appliance manufacturers, in what the CEO, Javier Selgas, regards as a “huge milestone” for the company
  • This move reflects Fr8Tech’s commitment to creating innovative logistics solutions and pushing the envelope concerning improving B2B cross-border shipping and domestic shipping within the USMCA region
  • Rafael Flores, the Sr. Manager of Logistics at Whirlpool Mexico, lauded Fr8Tech’s offering, citing how it “aligned with Whirlpool’s vision of improving life at home and being closer to our customers”
  • Mr. Selgas expressed his optimism about the new engagement, noting how confident the company was that this is just the beginning of a great relationship

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a tech company whose flagship platform, Fr8App, offers industry-leading freight matching services powered by Artificial Intelligence (“AI”) and machine learning, just secured the participation of Whirlpool, one of the world’s largest home appliance manufacturers. According to the company’s CEO, Javier Selgas, this milestone directly reflects the company’s commitment to creating innovative logistics solutions and pushing the envelope concerning improving B2B cross-border shipping and domestic shipping within the USMCA region.

“This significant accomplishment reinforces our position as a trusted logistics partner and paves the way for a promising future with a key industry player,” noted Mr. Selgas (https://ibn.fm/yODaf).

Rafael Flores, the Sr. Manager of Logistics at Whirlpool Mexico, lauded Fr8Tech’s offering, citing how it “aligned with Whirlpool’s vision of improving life at home and being closer to our customers.” In addition, he noted that with the help of Fr8TECH, Whirlpool would leverage new strategic solutions such as Fr8App, which will help it live up to its commitment to sustainable practices by doing away with paper tracking.

“We are confident that this is the beginning of a great relationship,” noted Mr. Flores.

Whirlpool is committed to being the best global kitchen and laundry company. Through innovation and partnerships with entities such as Fr8Tech, the company is constantly pursuing to bring its exceptional products closer to the people in a move to improve life at home. In 2022, the company posted approximately $20 billion in annual sales, with a workforce of over 61,000. With the Fr8App strategic solution, Whirlpool Mexico is optimistic that it will improve its operations within the USMCA region and continue to deliver the excellent service it has always presented to its customers.

“Our team is dedicated to delivering high-quality services supported by the best technologies and that prioritize efficiency and sustainability for all our clients,” noted Mr. Selgas.

“We look forward to continuing to exceed their expectations,” he added.

Fr8Tech ordinary shares also underwent a 10 to :1 reverse share split to regain Nasdaq compliance as of market opening on March 24, 2023. This brought the number of outstanding ordinary shares to 3,271,386, with an adjusted capital value as of the close of market on March 38, 2023, of $4.8 million, based on a share price of $1.460. This represented a 92.7% discount to independent analysts’ target price for the company’s ordinary shares of $20 per share on a split-adjusted basis.

The adjusted capital value of the company, based on the closing price on March 28, 2023, of $4.7 million, amounted to approximately 18.5% of TTM revenues for the year ended December 31, 2022, of $25.9 million. It also represented 13.3% of company guidance of $36 million for total 2023 revenues.

For more information, visit the company’s website at www.Fr8Technologies.com, and their freight matching platform information site at www.Fr8.App.

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

Corporate Communications IBN (InvestorBrandNetwork) Los Angeles, California www.InvestorBrandNetwork.com 310.299.1717 Office Editor@InvestorBrandNetwork.com

Sustain SoCal’s Driving Mobility 10 Paves the Way for Evolving Transportation Industries 

The Driving Mobility 10 symposium and expo caps a decade of conscientious transportation sector evaluation and advisement on opportunities for transitioning toward a carbon-free future, focused on the Southern California region and its stakeholders nationwide. This year’s event will take place on June 22 from 1-7 p.m. at UCI Beall Applied Innovation.

Sustain SoCal’s annual advanced transportation gathering of innovators, investors, C-suite executives, government officials and select partners addresses the evolution of transportation with best practices toward sustainability and the advancement of cleantech solutions.

The one-day conference has expanded to six hours (1 to 7 p.m.) in the wake of the challenges presented by COVID health concerns, spotlighting advancements in electrification, V2X (vehicle-to-everything communication), hydrogen/fuel cell technology, OEM and investor trends, connected vehicles, mobility as a service as well as governmental policies and legislation.

Registration will open as the June event draws near. Attendees can anticipate new insights on opportunities and challenges facing efforts to proactively address the needs of the region’s environmental and infrastructure objectives.

The event also offers opportunities for investors and entrepreneurs to network with other professionals at the reception and expo that caps the day’s events.

Key takeaways: 

  • The Driving Mobility 10 symposium and expo provides education and networking opportunities for Southern California’s friends and partners in proactively addressing the intersection of climate and transportation concerns
  • Registration and agenda details will be made available closer to the date of the June event
  • This year’s Driving Mobility event will be the culmination of a decade’s worth of annual forums on clean technology, clean fuels and the transportation industry’s development in general
  • Located at the University of California, Irvine’s well known Beall Center for Applied Innovation

Behind the scenes:

Sustain SoCal has promoted the growth of Southern California’s economy through innovation, collaboration and education that accelerate sustainability initiatives and clean technology since the non-profit entity’s founding in 2010.

Sustain SoCal is dedicated to proactively serving the public good by addressing the region’s environmental and climate-friendly concerns in concert with partners nationwide, developing a variety of forums for advancing related causes and gathering like-minded investors, entrepreneurs and experienced professionals.

For more information about this event, please visit https://ibn.fm/4boOI

Lift Toronto 2023 Cannabis Conference & Expo Connects Brands, Investors, Growers & Consumers from Across the Cannabis Industry

Cannabis industry growers, processors, manufacturers, brands, budtenders, retailers, educators, advocates, regulators, consumers, investors, and more, are invited to attend the Lift Toronto 2023 Cannabis Conference & Expo to be held June 1-3, 2023, at the Metro Toronto Convention Centre.

The three-day event will begin on Thursday, June 1, with the Lift Cannabis Business Conference (“LCBC”), an all-business strategy forum focused on generating meaningful change and sustainable growth within the Canadian cannabis industry. The conference will focus on the drivers of forward momentum, overcoming systemic challenges, and advancing innovative business and regulatory solutions. The LCBC sessions will include highlights such as keynotes and spotlight presenters, Canadian brands, world-view leadership panels, and more. Speakers will include industry leaders like Anna-Sophia Kouparanis, Co-Founder of the Bloomwell Group (Germany), Katy Perry, CEO of TOKE Cannabis, David Goldstein, CEO of Stoke Inventory Partners, and more.

“We are really pushing the envelope for our next trip to Toronto with top-tier presenters on red hot topics. Each session has been carefully curated to energize, inspire, educate, and motivate all of our audiences from across the entire cannabis community,” said Barry Smith, Canadian Content Director of Lift Events and Experiences.

Days two and three of the event will be Industry and Budtender Days and Consumer Day, respectively, at The Lift Expo tradeshow. Showcasing hundreds of leading and emerging exhibitors, the expo will also debut fresh experiences and activations, including games, photo opportunities, culinary cannabis trends, comedy performances, music, drinks, and more. In addition, multiple speakers, presentations, and panels on each of these two days will be featured on several stages placed throughout the expo floor. From the Main Stage to the East and West Speakers’ Corner Stages, carefully crafted content will inform and spark conversations that will drive the industry forward in the coming year.

Registration for the event is now open, with ‘early bird’ pricing available for a limited time. For more information on tickets and pricing, visit https://liftexpo.ca/tickets-toronto-2023/.

For more information on Lift Toronto 2023 and other Lift events, please visit https://liftevents.com/Cannabis Education Conferences & Exhibitions | Lift Events & Experiences (liftexpo.ca)

Cepton, Inc.’s (NASDAQ: CPTN) Confidence Rises as Lidar Becomes Critical Element in Road Safety Toolbox Amid Record High Pedestrian Fatalities

  • The latest data uncovers a troubling reality that existing technologies have limitations in mitigating road accidents; pedestrian deaths reached a grim milestone not seen in four decades
  • As the need for better transportation safety becomes more urgent than ever before, innovative solutions are needed; the latest research shows that combining lidar, camera, and radar can achieve the greatest potential for eliminating fatalities
  • As a company leading the charge in designing next generation lidar technology, Cepton is committed to prioritizing safety in automated vehicles to enhance the traffic experience for today’s drivers, passengers, and pedestrians

The latest figures from the United States reveal a worrisome trend. Despite the increased use of advanced safety and collision avoidance technology in modern cars, pedestrian fatalities have been on the rise, revealing a gap within today’s widely deployed technologies in mitigating traffic accidents. Companies like Cepton (NASDAQ: CPTN) work to design innovative solutions that can bridge this gap and provide increased safety and efficiency for drivers worldwide. With lidar innovations that aim to deliver an unmatched combination of superior performance, power efficiency, adaptivity, compactness, cost, and reliability, Cepton focuses on enhancing the experience for today’s drivers, passengers, and pedestrians alike to give them a stronger sense of safety as an essential prerequisite for broader consumer acceptance.

Even with all the technological advancements, roadway crashes continue to be the leading cause of death in the U.S., and pedestrians are dying at the highest rate in decades. Following a 25-year period of decline, fatalities have alarmingly increased in recent years, with the number of pedestrian deaths reaching its highest level in 4 decades. Motor vehicle crashes claimed nearly 43,000 lives in 2021 ‒ a surge from 39, 000 in 2020. Even the early days of the pandemic, when lockdowns kept many people off the roads, were not enough to reverse this somber trend as 2020 saw a 7% spike compared to the year before (https://ibn.fm/pJaGu).

Thankfully, the latest developments in transportation technology provide a dose of optimism for making roads safer. Experts predict that automated vehicles can substantially reduce pedestrian fatalities by preventing accidents caused by human error. Designed to ensure safer and more efficient travel, these vehicles use advanced sensors and algorithms to perceive objects in their environment and make driving decisions accordingly.

Given the high stakes involved, ADAS or autonomous vehicles’ potential to save lives on the road continues to be a major driver of investment and innovation that enhances vehicle perception and object detection – a critical function affecting transportation safety for millions of Americans every day. To understand and respond to their environments, these vehicles must be able to detect important road elements, including pedestrians.

Although, recent research shows that not all sensors in automated vehicles are created equal as their abilities to detect pedestrians in advance of fatal collisions vary widely – from less than 30% to more than 90% of fatalities. Here, combining different technologies holds the key to enhanced safety, experts say. When lidar, camera, and radar are combined, they can achieve the greatest potential for eliminating fatalities – as much as 98% of pedestrian fatalities from vehicle crashes. This rate dwarf’s single sensor systems, such as camera-only, that reach a meager 36% effectiveness rate that pales in comparison (https://ibn.fm/ObRUp).

Against this backdrop of deteriorating trends on American roads, the safety of passengers and pedestrians has risen as a top priority among industry leaders, policymakers, and the public at large. As a leader in high-performance lidar solutions designed to empower vehicles to perceive the environment with confidence, Cepton views safety as a certainty of perception for everyone, not just for the privileged. In pursuance of the company’s mission, safety is not placed before autonomy; it is at the core of autonomy.

As one of the few companies to scale lidar for high-volume, multi-vehicle model deployment, Cepton aims to take lidar mainstream, focusing on the mass market commercialization of high-performance, high-quality lidar solutions that can seamlessly integrate with vehicles’ other systems to create an all-around safety net that boosts confidence in both drivers and passengers.

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

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

Three-day FinovateSpring Conference Set To Provide Actionable Insights On Future of Fintech

FinovateSpring’s 2023 three-day conference is set to provide insights on the latest fintech developments when it launches in San Francisco on May 23, going beyond recent headlines about Hollywood actor Ryan Reynolds’ investment in payment provider Nuvei (https://ibn.fm/HqKh5) and banking turbulence (https://ibn.fm/85Pd7) to examine the state of the industry, the newest opportunities and the potential of up-and-coming products.

FinovateSpring builds on years of experience connecting financial services interests with industry experts, investors, analysts, and solution providers. The event is moving to a new venue — the Marriott Marquis San Francisco located between the City by the Bay’s Theater District and waterfront Financial District.

Sessions range from 15 minutes to 65 minutes, with multiple opportunities to learn each presenting company’s direction and plans to build for the future. The agenda varies between special informative addresses, panel presentations, networking sessions and refreshment breaks, fireside chats, and demo sessions.

The keynote topics over the three days cover subjects such as avoiding moat mirages in a competitive field, developments in the global economy and geopolitical realm, and finding meaning for fintechs and financial institutions amid the recent banking instability. For a complete look at the planned agenda, visit https://ibn.fm/4yE3r.

Finovate touts the cornerstone of its networking services as its curated one-on-one meetings, which are bespoke, pre-arranged get-togethers specially designed to help C-suite executives save time in finding new financial partners and create actionable plans for future projects.

Financial institutions can meet with multiple senior executives in a relaxed environment to discuss current projects and future challenges, working under the Chatham House Rule, which means that “participants are free to use the information received, but neither the identity nor the affiliation of anyone present may be revealed,” Finovate’s website states.

Key takeaways:

  • The FinovateSpring Conference provides information and access to cutting-edge fintech businesses can begin to use to evolve in a world of digital transformation
  • More than 100 speakers and hundreds of meetings with 1,200-plus senior executives in attendance.
  • More than 50 live product demos showcasing the technological development of the financial industry.
  • High-impact networking sessions enabled by Finovate’s smart tool for matchmaking between companies.
  • Day one Startup Booster hand-selects early-stage companies for personalized pitch opportunities with investors and specialized pricing.
  • After-the-event streaming platform continues to make FinovateSpring’s content available on-demand to registered delegates.

Behind the scenes:

Finovate has been organizing memorable financial services technology events since 2007, locating its global series in world centers ranging from New York City to San Francisco, Singapore, Hong Kong, Dubai, Cape Town and London. More than 2,500 innovations have been showcased at over 55 conferences.

Finovate events address financial and banking technology, regional and global financial markets, and year-round news and networking in-person and via social media.

For more information about this event and to register, please visit https://informaconnect.com/finovatespring/.

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Recognition from global regulatory authorities can serve as a powerful validation of a therapy’s potential, particularly in the rare disease space where development challenges are significant and patient needs are urgent. Soligenix (NASDAQ: SNGX) has secured that type of validation, as the European Commission granted orphan drug designation to its investigational therapy SGX945 for the […]

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