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Lightning Network Gains as More Transactions are Processed; LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Among Companies with Substantial BTC Invested in Network

  • The Lightning Network is being incorporated by more companies, including the likes of Meta, which is currently striving to develop its own stablecoin offering but is receiving backlash from the government
  • CoinCorner has released the first contactless payment card for the Lightning Network; the card works like Visa and other fiat currency cards but utilizes Bitcoin and the Lightning Network for fast and low fee transactions
  • LQwD has ten nodes on the Lightning Network, each growing in BTC capacity and value – the company anticipates continuing to strive toward scalability of BTC
The Bitcoin Lightning Network, a layer 2 payment protocol layered on blockchain-based cryptocurrencies that enable lightning-fast transactions and lower fees, is making headlines. One company, CoinCorner, has announced the launch of the first Bitcoin contactless payment card, powered by near-field communication (“NFC”) and the Lightning Network. “Making in-person payments with Bitcoin and Lightning is still not as efficient and user-friendly as we need it to be for the mass audience. It still involves unlocking a phone, opening an app, scanning a QR code, and then making the transaction,” CoinCorner CEO Danny Scott explained the reason behind the creation of The Bolt Card (https://ibn.fm/FyvO8). “This is a backwards step when it comes to user experience in comparison to what we’re used to today for in-person payments.” Citing Barclaycard’s data that 91% of in-person payments in the UK during 2021 were made using contactless payments, Scott added, “With contactless (‘NFC’) payments becoming more popular globally, it just makes sense to help with the transition for consumers and offer the most efficient experience.” As cryptocurrency grows and evolves, many new contenders are working to enter the field – including companies like Meta Platforms, Inc. (NASDAQ: FB) (Facebook/Instagram), who is looking to create its own stablecoin. Creating a stablecoin is not as easy as “dream it, see it, do it.” Even the German and European governments have asked Meta CEO Mark Zuckerberg to table the project as it has faced several regulatory drawbacks. Meta reportedly accepts Bitcoin and continues expressing its interest in blockchain technology, including testing new NFT features on Instagram. Meta’s decision to begin accepting Bitcoin is facilitated through the Bitcoin Lightning Network. LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on the creation of enterprise-grade infrastructure driving the adoption of Bitcoin, has launched several nodes on the Lightning Network using its own Bitcoin as operational assets. The company launched its platform as a service (“PaaS”) offering in November 2021 and began operating its first Lightning Network node in the U.S. around the same time. LQwD’s current nodes on the Lightning Network, as of May 19, include:
  • US-West (capacity 5.528776890 BTC/ US $162,324.83),
  • Ireland (capacity 1.612600000 BTC/ US $47,345.92),
  • India (capacity 0.370000000 BTC/ US $10,863.20),
  • Germany (capacity 2.145000080 BTC/ US $62,977.18),
  • Indonesia (capacity 2.169618380 BTC/ US $63,699.97),
  • Italy (capacity 1.599000250 BTC/ US $46,946.63),
  • Singapore (capacity 2.016596260 BTC/ US $59,207.25),
  • Sweden (capacity 1.599100440 BTC/ US $46,949.57),
  • England (capacity 1.330100150 BTC/ US $39,051.73), and
  • France (capacity 2.191782200 BTC/ US $64,350.70).
To follow LQwD on the Lightning Network, visit https://1ML.com. The Lightning Network has seen significant growth in the last year, reaching an estimated capacity of 3,539 BTC, and is continually growing at approximately 30% annualized. According to a NASDAQ article, growth was highest in 2021 over the last two years, with the 30-day growth reaching a peak annualized growth rate of nearly 348% in August last year (https://ibn.fm/ZUmk7). “Since then, growth in public channel capacity has slowed but is still growing over 30% annualized when averaging the growth over the last 30 days.” For more information, visit the company’s website at www.LQwDFinTech.com. NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF

FuelPositive Corp.’s (TSX.V: NHHH) (OTCQB: NHHHF) Management Shares 2021 Progress, Discusses 2022 Milestones in a Recent Virtual Annual Generation Meeting

  • FuelPositive is a technology company focused on developing clean energy solutions such as a green ammonia production system, its flagship product
  • The company recently held its AGM, in which management discussed the milestones achieved in 2021 and the plans for 2022 and beyond
  • According to FuelPositive, the first demonstration unit of its green ammonia production system is on track to be “farm-ready” by late summer 2022, although some issues outside its control may cause a delay in operationalization/commissioning at the farm level
  • Management also updated shareholders on the remote monitoring capability of the system, carbon credits as a result of the emission reductions, and more
On April 19, FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a company focused on developing clean energy solutions, held its virtual Annual General Meeting (“AGM”) in which the management, as well as Dr. Ibrahim Dincer – the lead inventor of the company’s flagship green ammonia production system, and Curtis Hiebert – FuelPositive’s first demonstration project partner, addressed shareholders, investors, and the general public. The management team also fielded questions (https://ibn.fm/lg1Zo). As part of the presentation, FuelPositive CEO and Board Chair Ian Clifford, Chief Operating Officer Nelson Leite, Senior Advisor on Agricultural Implementation Derek Boudreau, and Advisor on Carbon Credits and Emissions Reduction André Mech separately shared themed insights into the company’s progress throughout 2021 and the plans for the coming year. For FuelPositive, 2021 helped the company inch closer toward what Clifford described as the edge of commercializing its flagship product. “It’s astounding when you think that we’ve gone from a cold start, with the acquisition of the intellectual property for the technology 13 months ago, to be ready for the field five months from now. Within that time frame, we’ve accomplished so much: we basically have a new company, a new team, and a unique product that is going to make a disruptive difference in the world. And it’s all been done during a global pandemic with serious supply chain issues. I’m very proud of our progress,” commented Clifford. Through the 13 months, FuelPositive garnered interest from farmers, including the family of Tracy and Curtis Hiebert. The Hiebert family, which operates a multi-generation family farm that has used anhydrous grey ammonia as a nitrogen fertilizer since 1968 and is, therefore, experienced at safely handling the compound, approached the company a few months ago, with the correspondence resulting in a Letter of Intent signed recently making them FuelPositive’s first demonstration project partners (https://ibn.fm/f2Kxh). “It has probably been three years [since] we started seeing a struggle in the supply of fertilizers in general. It was even worse this year where we were waiting for the longest we have waited, [yet] we pre-bought in late August-early September 2021,” said Curtis Hiebert in a recorded video when asked about his experience trying to get fertilizer over the past several years. The pre-buying approach helped Curtis lock in the price, further noting it would not have been possible to get the farm’s supply for the 2022 fall planting season had they not locked in the price. Curtis also highlighted the increase in the prices of anhydrous grey ammonia from around CA650/ton in spring 2021 to $1,200/ton in fall 2021. “And I understand that the price is double that now,” Curtis added. It is this price volatility and uncertainty in supply that FuelPositive aims to help farmers address with its containerized green ammonia production system. And according to Nelson Leite, the first demonstration system is on track to be farm-ready by late summer 2022 as “everything that we have control over is going according to plan.” Leite, however, noted that supply chain challenges, transportation logistic issues in transporting the system from Ontario to Manitoba, site preparation (storage tanks), and permits for the production, storage, and handling of green anhydrous ammonia could translate to slight delays in the operationalization of the system on the site. Additionally, FuelPositive management also discussed the system’s interface, observing that it will feature remote connectivity at 145 points within the system, that will leverage the company’s machine learning (“ML”) and artificial intelligence (“AI”) software through which FuelPositive will remotely monitor, optimize, and maintain the system. Nonetheless, customers will still receive onsite training. As a company committed to clean energy solutions, FuelPositive recognizes the negative impact the large-scale manufacture of anhydrous grey ammonia has on the environment. Globally, producing one tonne of grey ammonia generates 2.87 metric tons of greenhouse gas emissions. With agriculture using up 80% of all grey ammonia being produced currently, FuelPositive is positioning its system as a way to dramatically reduce the carbon footprint of agriculture, simultaneously creating an avenue for customers to offset the prices of the system and the company to fund future growth through the sale of carbon credits. On his part, André Mech outlined the carbon credit value in Canada per year. Looking ahead, FuelPositive has set the milestones it intends to achieve in the coming year. Already, the company is on track to meet them, according to the presentation (https://ibn.fm/5mh6v). Some of these milestones include:
  • Expansion of the team
  • Securing lab and R&D space, manufacturing space, and larger offices
  • Filing for a non-provisional patent and further provisional patents as the company expands its intellectual property portfolio
  • R&D, including studies evaluating ways to offset NOx emissions from the use of green ammonia in agriculture as well as investigations into developing green ammonia-powered internal combustion engines and grain drying systems
  • Meeting with federal and provincial governments
  • Validating the purity, rate of production, energy consumed, operating expenses (“OPEX”) of its system
  • Determining the cost of the system (CAPEX) to end users and sales models
  • Starting next batch manufacturing and preparing for serial (assembly line) manufacturing
To view the AGM video, please visit https://ibn.fm/W6dqZ For more information, visit the company’s website at www.FuelPositive.com. NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF

Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Tie-up with Endorphina, Further Expands B2B Online Game Offering

  • Golden Matrix Group recently announced a tie-up with online slot-game provider, Endorphina
  • The venture will see Golden Matrix Group amalgamate Endorphina’s 100 game portfolio on to their existing B2B gaming portfolio
  • GMGI currently provide gaming platforms with access to upwards of 10,000 games drawn from over 25 gaming studios via their GMX-Ag system
  • Golden Matrix Group separately announced that they were in the process of further expanding their UK-focused RKingsCompetitions’ offering, an online competition provider credited with providing GMGI with over 90,000 new gamers per quarter
Online gambling is disrupting the gaming industry as we know it. The online gaming industry is expected to be grow to an annual value of $81.08 billion in 2022, a remarkable rise of 10.4 percent relative to 2021, with the industry expected to balloon to $115.13 billion in 2026 – representing a CAGR of 9.2 percent (https://ibn.fm/i4rFv). Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content has been a key beneficiary of the trend, providing gaming platforms with access to upwards of 10,000 games through its recently released gaming system, GMX-Ag. Golden Matrix Group recently announced that the company had entered a partnership with online video-slot game provider, Endorphina (https://ibn.fm/Or6CL). The partnership will see Endorphina, which currently boast a portfolio over 100 games alongside partnerships with over 1,700 providers, amalgamate their gaming portfolio with Golden Matrix’s existing product offering. Crucially, the combination will see Golden Matrix significantly augment their online slots offering, with a recent survey revealing that online slots was the preferred game of choice for 17 percent of all gamblers (https://ibn.fm/EjnML). Rashad Karimov, Sales manager at Endorphina commented on the tie-up, “We are proud to announce our newly established partnership with Golden Matrix Group. We at Endorphina are always glad to have new opportunities and to be able to present our entertaining portfolio to more players. “We also believe that this partnership with GMGI will create this opportunity for us. It is a pleasure for me to work with such a professional team,” he continued (https://ibn.fm/5sKnC). Anthony Goodman, Golden Matrix Group CEO, added: “With years of experience in the industry, GMGI always provides top quality service for the clients. It also includes products we are offering; Therefore we are happy to enter a partnership with such an experienced slot provider company with an expert team behind it. We are looking forward to having a long-term, entertaining and enjoyable partnership with Endorphina.” Simultaneously, the gaming combination will see Golden Matrix Group further expand their global footprint – through Endorphina’s recent entry into the Czech Republic’s regulated gaming market. Golden Matrix have previously revealed their geographical ambitions, with the company currently applying for a Mexican gaming permit which would allow them to attract new users and offer online gaming within the nation. Golden Matrix Group separately seized on the opportunity to disclose that the company had launched an upgraded ‘Tournament Platform’ for RKingsCompetitions’ players in Ireland and the United Kingdom, with the objective of increasing the monthly number of skill tournaments and participants, thus generating even stronger revenue and profit from the company’s prize competition. With RKings’ competitions attracting upwards of 90,000 new players per quarter, the move looks to further momentum – and bolster the gaming universe – for Golden Matrix Group’s burgeoning B2C business. For more information, visit the company’s website at www.GoldenMatrix.com. NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Appears Well Positioned as Surging Energy Crisis Calls for Urgent Action Towards Non-Fossil-Fuel Alternatives

  • RNG can be key part of the solution to current energy crisis as it offers viable alternative to liquid natural gas
  • As so-called “drop-in fuel,” RNG doesn’t require costly changes since existing infrastructure can be used, making scaled utilization of RNG quick and affordable
  • EverGen appears well-positioned to offer solutions that can contribute to energy security amid heightened global uncertainty
Although concerns about climate change have attracted a lot of attention to the Renewable Natural Gas (“RNG”) space, it is the recently heightened geopolitical risks that could incite a new wave of interest in this non-fossil-fuel alternative as the world seeks effective ways to expedite the energy transition. In a landscape where RNG is increasingly viewed as an efficient and cost-effective solution for decarbonization that helps countries cut dependence on fossil fuels, companies like EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF) are set to benefit. As a renewable energy company that converts organic waste into RNG, EverGen could be one of those helping the world wean itself off natural gas amid increased global vulnerabilities to gas shortages. Renewable Natural Gas has been creating a lot of excitement in the green energy space, prompting Canadian utility companies to jump on the RNG bandwagon. Over the recent months, many of them, including players such as Enbridge Inc., ATCO Energy Solutions Ltd., and FortisBC, have announced their own pursuit of RNG opportunities. Although the market for clean fuels is burgeoning and evolving, costs have been a significant barrier to widespread RNG adoption since this green alternative is more expensive than traditional natural gas (https://ibn.fm/94wIc). Still, compared to most other potential green energy peers, RNG has one unique advantage – it is considered a so-called “drop-in fuel.” This means that using RNG doesn’t require any costly changes to transmission infrastructure or appliances enabling countries to utilize their existing infrastructure instead of building new. As countries are prompted to act quickly to address increased uncertainty over gas supplies, RNG could hold the answers to the most recent gas crisis and surging energy prices. Coming from waste, RNG is also an inherently local source of energy. As such, countries worldwide view it as an effective response amid an increased focus on energy security (https://ibn.fm/C8yJp). As the world frantically reassesses its energy supplies, the newly emerging scene creates an opportunity for green energy companies like EverGen. Founded in 2020, EverGen is focused on acquiring, developing, and operating a portfolio of renewable natural gas, waste to energy, and related infrastructure projects in Canada and beyond. Designed to tackle some of the world’s most urgent environmental problems — such as waste reduction alongside carbon emissions decrease — EverGen also appears well-positioned to tackle other energy-related challenges including energy security and the resulting need for the rapid energy transition. With grand growth plans, the Company is set to grow across other North American regions in the coming years. 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

Correlate Infrastructure Partners Inc. (CIPI) Unveils New Platform that Makes Energy Optimization Easy Moving Forward

  • Correlate Infrastructure Partners offers a complete suite of proprietary clean energy assessment solutions for the commercial real estate industry, offering facilities access to clean electrification solutions
  • The company recently unveiled the Correlate Portfolio Health platform product that seeks to empower real estate owners with energy optimization and procurement capabilities
  • The platform is designed to offer recommendations that simplify complex energy analysis, procurement, and funding of deferred maintenance
  • CIPI has unveiled the platform at a critical time as experts warn that buildings must have achieved net-zero carbon emissions by 2050 if the goals of the Paris Agreement are to be realized
For the world to meet the goals of the Paris Agreement – which set out to limit global warming to less than 1.5°C – all emissions should have been reduced by 45% by 2030 and reached net zero by 2050 (https://ibn.fm/4RWZ6). This outlook also calls for all buildings to be net zero by 2050. But reports show that buildings have consistently churned out about 33% of all energy-related carbon emissions in the United States and 40% of global emissions. So, an article published on Smart Energy Decisions notes, the world cannot meet consensus climate targets sans the transformation of the building sector (https://ibn.fm/sdXLG). Recommendations on how to ensure the sector meets the net-zero targets generally include developing more ambitious building codes, undertaking massive retrofitting, and transforming the entire real estate industry. On its part, the Climate Reality Project offers two main solutions: energy-efficient buildings and carbon-negative buildings. To achieve the former, building owners can install better insulations – which can improve energy efficiency by at least 20%, seal gaps, upgrade lighting, install smart energy management systems, and replace outdated HVAC systems. The latter recommendation encompasses producing green energy – mostly using solar panels – with the excess being fed to the grid (https://ibn.fm/8MyUt). But as various studies point out, building owners face multiple barriers that impact their ability to make decisions or implement the recommendations mentioned above. In one such study, for example, the authors established that “uncertainty and imperfect information about the performance of technology, high opportunity cost of capital, and tradeoffs with other valued system attributes such as reliability and appeal” account for the most common barriers to improving energy efficiency in commercial buildings (https://ibn.fm/UA0pD). Aiming to eliminate such hurdles, Correlate Infrastructure Partners (OTCQB: CIPI), a company that offers an expansive suite of portfolio-scale development and finance platforms for the commercial real estate industry, recently unveiled the Correlate Portfolio Health platform product (https://ibn.fm/3oS6M). Developed in conjunction with the US Department of Energy, the product, which is now part of CIPI’s extensive suite, aims to offer real estate owners unrivaled visibility and flexibility into energy optimization and procurement. The Correlate Portfolio Health platform takes a data-driven approach to recommending solutions and simplifying complex aspects – such as energy analysis, procurement, and deferred maintenance funding – with new energy-efficient options, on-site generation, e.g., solar and storage, and commodity energy contracts. It also offers on-demand support to guide the execution of energy optimization recommendations or procurement. The platform can quantify the costs and benefits of more than 35 facility improvements. This capability, coupled with project financing, enables most facilities that may not have the technical know-how or financial backing to undertake improvements to do so. Generally, the platform sets out to help building owners profit from fully funded, turnkey decarbonization, and facility health programs. And with businesses and all levels of governments owning, operating, and using buildings that consume 18% of the United States’ power, catalyzing energy expenditures that amount to $190 billion annually, the energy optimization that will result from the use of the Correlate Portfolio Health platform could result in significant cost savings. In all, CIPI has designed the Correlate Portfolio Health platform to offer:
  • Facility and portfolio-level energy, cost, and carbon saving recommendation reports, including 100% project funding for every recommendation
  • A bid process for solutions such as solar, roofing, HVAC, lighting, and more
  • Custom funding analysis
  • On-demand consultation, execution support, and ongoing management reporting
  • Quarterly portfolio management reviews
  • Measurement and verification of savings as applicable
  • Bill audit, complete with online reporting mechanisms
“Correlate Infrastructure Partners is making energy management and procurement transparent and cost-effective as we digitize the process that has been archaic for way too long. We are excited to be at the forefront of an industry that is at an inflection point, and we are eager to begin working to change the way commercial real estate owners optimize energy assets,” commented CIPI CEO Todd Michaels. “Correlate provides the platform that makes energy optimization easy going forward.” For more information, visit the company’s website at www.CorrelateInfra.com. NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

Aditxt Inc. (NASDAQ: ADTX) Planning Nationwide Rollout of its AditxtScore(TM) Immune Monitoring Platform

  • Aditxt recently entered a multi-year partnership with GRS for the promotion of its proprietary AditxtScore Immune Monitoring Platform
  • Aditxt plans to roll out the monitoring platform to medical offices, pharmacies, laboratories, and employers across the country, with promotion through nationwide television commercials
  • AditxtScore(TM) monitors the current immune response not genetic sequencing
Continuing research into COVID-19 is being done worldwide, with some researchers showing concern among the population of vaccinated individuals testing positive for the virus – including concerns about the durability of protection against highly contagious emerging strands. Researchers are still learning more about vaccinations against viruses and diseases in comparison to the body’s natural immune responses (https://ibn.fm/m2630). “Following our comprehensive profiling of the effects of neutralizing antibodies, T cell immunity and non-neutralizing alternate antibody msabe found correlates of immunity in the context of both complete protection and mitigation of viral burden in breakthrough infection,” a major study’s co-author, Daniel Zhu, stated. “We also observed differences in the robustness of key immune response features across vaccine doses, insights that could help guide future vaccine design and boosting.” This is where immune system monitoring technologies such as the one developed by the biotech innovation company Aditxt (NASDAQ: ADTX), are already proving useful. Aditxt develops technologies focused on mapping and reprogramming the immune system. These immune mapping technologies were created to provide an individual and personalized immune profile. In the preclinical stage, these immune reprogramming technologies are being developed to retrain the immune system to induce tolerance to address rejection of transplanted organs, autoimmune diseases, and allergies. Recently, Aditxt announced a multi-year partnership with GRS, an affiliate of Guthy-Renker LLC. The partnership will focus on building awareness and visibility among consumers and healthcare providers for the proprietary AditxtScore(TM) Immune Monitoring Platform. Aditxt plans to work closely with GRS to produce and air AditxtScore(TM) television and online commercials, helping to set the stage for an intended rollout in medical offices, pharmacies, laboratories, and employers nationwide (https://ibn.fm/ogSaT). “AditxtScore(TM) is the right technology at the right time. Our first application, AditxtScore(TM) for COVID-19, delivers timely reports on vulnerability and immune status to SARS-CoV-2 and its known variants, giving consumers and their physicians the data they need to make informed health decisions for themselves and their families,” Aditxt co-founder and CEO Amro Albanna stated. Albanna added that the company’s AditxtScore immune monitoring center in Richmond, VA, which is fully operational and is designed to support increased demand for the company’s products and services, also voiced enthusiasm for working with GRS on the production of TV and online spots and marketing campaigns for AditxtScore: “Based on Guthy-Renker’s decades-long track record in direct marketing, GRS has proven that they understand what is required to help build a sustainable brand, and we believe this partnership is a great opportunity to introduce AditxtScore nationally.” Boris Shimanovsky, President of GRS, also commented on the partnership, underlining that AditxtScore is designed to provide a more detailed profile of the immune system, allowing individuals to understand, manage, and monitor their immunity profiles. “We believe AditxtScore will fundamentally change what we know about immune health, and we’re excited to partner with the Aditxt team and help bring transparency and customer empowerment to an industry requiring both.” Although still in its early stages, the immune repertoire sequencing market is forecasted to reach a value of $175 million by the end of 2027, registering a CAGR of 7.5% from 2020 to 2027. Growth in the industry is fueled by the advancements in next-generation sequencing, which have birthed the new technology in the form of immune repertoire sequencing, which is receiving widespread acceptance from the pharmacogenomics-based drug industry and the government (https://ibn.fm/pu1z8). For more information, visit the company’s website at www.Aditxt.com. NOTE TO INVESTORS: The latest news and updates relating to ADTX are available in the company’s newsroom at https://ibn.fm/ADTX

Flora Growth Corp. (NASDAQ: FLGC) Year-end Report Shows Significant Revenue and Profit Growth, with Expectations for Further Rapid Growth in 2022

  • Cannabis cultivator and distributor Flora Growth has announced its annual financial and operating results, showing “significantly higher” revenues and profit gain for 2021 over the previous year
  • Flora maintains an outlook for 2022 of an additional 288 to 400 percent revenue growth by year end, largely driven by the company’s acquisition of consumer wellness brand JustCBD
  • The JustCBD acquisition increased Flora’s reach to more than half a million consumers through 14,000 retail stores in the United States
  • Flora’s operations are centered at its Cosechemos cultivation facility in central Colombia, where the company enjoys ideal growing conditions year-round and has easy access to an experienced labor force
  • The company recently announced the appointment of industry veteran Holly Bell as Vice President of Regulatory Affairs to help guide the company’s expansion strategy throughout the United States and internationally
Cannabis cultivator and brand builder Flora Growth (NASDAQ: FLGC) spent 2021 establishing the company footprint as a global market distributor and on May 10 announced financial and operating results for the fiscal year that show the success of its efforts as revenues and profits begin what is expected to be rapid climb. Flora Growth’s financial growth arises from operations based in Colombia’s prime growth conditions heartland, the nation’s new regulatory openness to cannabis product exports for health and wellness uses, and Flora’s prescient preparedness to reap the benefits of the changing legal landscape. The company’s 100-hectare (about 247-acre) Cosechemos facility is capable of producing 600 kg of dried cannabis daily and more than 10,000 kg of cannabis derivatives annually under EU-GMP guidelines. Flora has filed licenses for about two dozen cannabinoid-infused food and beverage products that include juices, sparkling seltzers, gummies, chocolates, ghee butter and healthy snack foods, and the company received authorizations that allowed it to be the first Colombian cannabis operator to move international distribution forward under the new laws. The year-end financial results show about $9 million in revenues, which is “significantly higher” than those reported the prior year before the law change and Flora’s IPO launch on the Nasdaq Capital Market. The report maintains the company’s outlook for ending 2022 with revenues of $35 million to $45 million, which would be growth of between 288 percent and 400 percent over 2021. Much of Flora’s momentum is driven by its acquisition of consumer wellness brand JustCBD, which increased Flora’s profile to more than half a million consumers through 14,000 retail stores in the United States. “We are proud of the milestones we achieved in 2021, including the completion of key strategic infrastructure projects, the strengthening of our balance sheet and the deployment of our M&A strategy,” Chairman and CEO Luis Merchan stated in conjunction with the report’s release (https://ibn.fm/ONBLH). “The completion of our cultivation and extraction facilities has positioned Flora for success in this rapidly evolving industry, as we satisfied the requirements for the cultivation, transformation and export of up to 43.6 tonnes of THC cannabis flower,” he added. “And in our Life Sciences pillar, we look forward to potential commercial distribution of pharmaceutical-grade products based on the research of Dr. Annabelle Manalo-Morgan.” Flora’s management conducted a live earnings call webcast on May 10 to discuss the report, and the webcast is archived on the company’s website. On May 16, Flora also announced that industry veteran Holly Bell has been appointed Vice President of Regulatory Affairs to help guide Flora’s domestic and global expansion strategy and lead the company’s government relations in target international markets as it grows. “I am excited to be working with Flora, supporting our work on the global stage, by advancing how the world views cannabis as a product and as a medicine,” Bell stated (https://ibn.fm/odso9). “I’m looking forward to leveraging my experience launching Florida’s hemp program to help Flora improve access to some of the best wellness brands in the world.” For more information, visit the company’s website at www.FloraGrowth.com. NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://ibn.fm/FLGC

Nowigence Inc.’s (NOWG) Pluaris: An Unmatched Management Tool in Growing Data-Gathering Space

  • Google processes more than 40,000 searches every second, with 2.5 quintillion bytes of data created each day
  • Making sense of accumulated data can be a gargantuan task
  • Pluaris uncovers hidden insights, annotates, categorizes, discovers connections, and even conducts sentiment analysis
In today’s world, gathering information and identifying data have become an almost incomprehensible pursuit. Smart Insights recently reported that Google processes more than 3.5 billion searches every day (https://ibn.fm/S5o1R). To help meet this challenge, Nowigence Inc. (NOWG) offers a proprietary, cloud-based knowledge-management tool: Pluaris. “On average, Google now processes more than 40,000 searches every second,” writes Bernard Marr, a world-renowned futurist, influencer and thought leader in the fields of business and technology (https://ibn.fm/zUF7T). “The amount of data we produce every day is truly mind boggling. There are 2.5 quintillion bytes of data created each day at our current pace, but that pace is only accelerating with the growth of the Internet of Things (“IoT”). Over the last two years alone 90 percent of the data in the world was generated.” Marr goes on to note that “we conduct more than half of our web searches from a mobile phone now, and more than 7 billion humans use the internet (that’s a growth rate of 7.5 percent over 2016).” In addition, Marr points out that although most searches (77%) are done on Google, other search engines are contributing to the daily data generation, with 5 billion searches being done every day worldwide. Making sense of all those searches and answers and accumulated data is a gargantuan task, but Nowigence has come up with an impressive solution. Its cloud-based app Pluaris automates reading and analysis of textual data, allowing users to learn more in less time and stay on top of information that is important to them, both at the office and at home. Pluaris uncovers hidden insights and enables the sharing and distribution of information in narrative-intensive documents instantaneously from various data sources, both public and private. The platform also annotates data, identifying who, what, where, when, why, how and how much; categorizes and tags; discovers connections; and even conducts sentiment analysis. In addition, a user can enable notetaking with a single click, and Pluaris allows for collaboration between teams and enterprises. Nowigence puts the power of data science into the hands of consumers through integrating state-of-the-art data-processing techniques in an intuitive interface at an affordable subscription price. The Pluaris platform generates a trove of critical information to assist individuals, teams, and organizations to quickly build expertise. It speedily reads and analyzes hundreds of pages, and the data is transformed, linked, taxonomized, and optimized for storage and further trend analysis. For more information, visit the company’s website at www.Nowigence.com. NOTE TO INVESTORS: The latest news and updates relating to Nowigence are available in the company’s newsroom at https://ibn.fm/NOW

Amid Efforts to Reduce Livestock Industry Climate Impact, Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Advances Plant-based Solutions

  • Eat Well Investment Group Inc. is a plant-based foods industry investment company with a multinational footprint focused on promoting healthy dietary decisions, global food security, and responsible climate stewardship
  • Eat Well’s investments in Belle Pulses, Sapientia, and Amara Organic Foods, provide complementary services to support the company’s overall mission, and are helping support rapid revenue growth
  • The company anticipates about $100 million in revenue by the end of this year
  • The growing consumer focus on reducing the meat-based agriculture industry’s impact on the climate is evidenced by a recent survey that shows large number of people in the UK are responding to social media campaigns by shying away from dairy
A recent survey by multinational dairy giant Arla demonstrates the rising tide in consumer efforts to play a part in reducing industry effects on climate change through their purchasing choices, while also advancing the importance of sound information about dietary decisions. The Denmark-based dairy cooperative’s report found that about half of Gen Z respondents (most individuals born in the past 25 years) in the United Kingdom “felt ashamed to order dairy in public in front of their peers” and that “an alarming 57 per cent plan to give it up in the next year” because of social pressures even though many of them still enjoy drinking dairy in the privacy of their own homes (https://ibn.fm/Ya1yI). The survey reported that 49 percent of respondents would consider making a “considerable change” to their diets in order to benefit the global climate, and that a large number of them relied on information from social media peers and memes to establish their outlook. Eliminating animal protein in favor of plant-based alternatives was cited by 41 percent as a means of improving their climatological footprint, and over a quarter (27 per cent) stated cutting animal products from their diet completely is the right thing to do. Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) is working to support global efforts to minimize the impact of large industries on the world’s climate, particularly in the agribusiness sector, and to help consumers eat more nutritiously by investing and advancing leading plant-based alternatives. The vertically integrated plant-based foods investment company is growing rapidly and is estimated to have generated nearly $60 million (Canadian) in revenue last year, with expectations of top-line earnings between $90 million and $110 million by the end of this year as it continues to deliver on the promise of its investment companies — plant-based ingredients processor Belle Pulses and plant-based food creator Sapientia, as well as baby food brand Amara Organic Foods. Analysts for market research firms such as Bloomberg Intelligence are predicting that the sector for plant-based foods will see a sharp increase in its role within the global protein market to nearly 8 percent of the product by 2030 and a valuation of more than $162 billion (https://ibn.fm/J562A). “It has always been our investment thesis that the globe will shift to more sustainable and environmentally friendly proteins. The next 24 months will be crucial for international food security as one of the world’s largest producers of fertilizer, agricultural crops and pulses is effectively closed off from the rest of the world,” CEO and Director Marc Aneed commented recently, acknowledging an immediate-term global concern about food production impacted by the war in Ukraine (https://ibn.fm/O0QjB). “If we’re talking purely about carbon emissions, the math is pretty clear: The world’s huge appetite for animal products is contributing to climate change,” a Gizmodo commentary on Arla’s Generation Z survey states (https://ibn.fm/Sj3C4). “This is in large part due to the enormous amount of greenhouse gases that animal agriculture, especially cow farming, produces. Despite other environmental problems plaguing the alternative milk industry, like astronomical water use to grow crops like nuts, a 2018 study found that the greenhouse gas emissions from a liter of soy milk were a third of the emissions from a liter of cow’s milk; all other types of plant-based milk, the study said, have similarly lower footprints.” For more information, visit the company’s website at www.EatWellGroup.com. NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://ibn.fm/EWGFF

As Bitcoin Gains Acceptance Worldwide, Companies Like LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leverage Lightning Network to offer Faster Transactions and Lower Fees

  • Over the next decade, as the Bitcoin industry evolves, the ecosystem is expected to expand – with cryptocurrencies like Bitcoin rising in popularity
  • Countries worldwide are beginning to accept Bitcoin as legal tender; El Salvador was one of the first to offer cryptocurrency over fiat
  • In rural areas, where COVID-19 created extreme job loss due to a drop in tourism, entrepreneurs are using cryptocurrency as a means of income
  • The global cryptocurrency market was valued at US $1.49 billion in 2020 and is now projected to reach US $4.94 billion by 2030, growing at a CAGR of 12.8%
The next decade will be significant for Bitcoin evolution. Mainstreaming Bitcoin as a mechanism for payment will require technological improvements in the ecosystem. To be a viable investment asset or payment, Bitcoin’s blockchain should have the capacity to handle millions of transactions in a short period, and as the industry evolves, the Bitcoin ecosystem is expected to expand. Technologies like the Lightning Network promise to scale these operations. Ripple CTO David Schwartz predicts that the next decade will “bring an explosion of low-cost, high-speed payments that will transform value exchange the way the Internet transformed information exchange” (https://ibn.fm/R2prJ). Bitcoin is already gaining more acceptance around the world, including governments relaxing their stance on whether to accept the cryptocurrency as legal tender or even creating their own native currency. El Salvador was the first country to make Bitcoin its legal currency, and it is only the first nation to implement ways to use Bitcoin and other coins to make tax payments and other retail transactions. Case-in-point, countries that would not normally be considered a “hotbed” for cryptocurrency are earning attention – like Mozambique. The village of Bomba was devastated by the COVID-19 pandemic, stripping the area of its tourism revenue, leaving those who depended on the tourism revenue to survive without options. One resident, “Jorge,” took to cryptocurrency to survive (https://ibn.fm/TOSAG). Although very few understand the industry, it takes very little to get started – just a phone and an internet connection. Jorge buys and sells phone credits on Bitefill, easily swapping ZAR (South African Rand) and MZN (Mozambiquan Metical). According to Jorge, “It’s the easiest way of exchanging between ZAR and MZN. It’s instant, and I’ve actually managed to gain more clients this way.” Examples like Jorge show that even those in areas with lower levels of Bitcoin popularity can prosper through its use. And while the Bitcoin network itself only supports five transactions per second, this can be mitigated through the use of the Lightning Network, a layer 2 payment protocol that facilitates lower fees and faster transactions. Companies like LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) are already leveraging the Lightning Network to improve transaction times and lower fees, as part of their mission to drive Bitcoin adoption. LQwD launched its Lightning Network platform as a service (“PaaS”) protocol in November 2021; at the same time with its first node on the Network, US-West. Since then, the company launched nine additional nodes for a total of 10 active nodes on the Lightning Network at the moment: France, England, Sweden, Singapore, Italy, Indonesia, Germany, Ireland, the US, and, most recently, India. Altogether, LQwD already has a capacity of over 10 BTC and is growing consistently. Since the launch of its PaaS platform – https://lqwd.tech/, the company has focused on scaling the Lighting Network and making Bitcoin transactions possible on a global level with lower fees and faster settlement times, amid growing interest in cryptocurrencies and the Lightning Network worldwide. The global cryptocurrency market was valued at $1.49 billion in 2020 and is projected to reach $4.94 billion by 2030, growing at a CAGR of 12.8% (https://ibn.fm/cgI4J). The industry’s growth is likely to be fueled by the necessity for operational efficiency and more transparency in financial payment systems. For more information, visit the company’s website at www.LQwDFinTech.com. NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF

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Canada Crypto Week Returns July 20–26, 2026, Turning Toronto into a Global Hub for Web3 and AI

July 8, 2026

Canada Crypto Week is back. Now in its sixth year, the week-long Web3 takeover of Toronto will run July 20–26, 2026, drawing builders, investors, founders, and community members from around the world for one of the most concentrated gatherings of Web3 activity on the global calendar. At the center of Canada Crypto Week is Blockchain […]

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