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Greenstone Belt Gold Potential Drives StraightUp Resources Inc. (CSE: ST) Survey Work in Ontario’s Rich Red Lake Mining District

  • StraightUp Resources is a mineral property acquisition and exploration company currently focused on potential production targets in Ontario, Canada’s historic Red Lake Mining District
  • StraightUp has options to four flagship properties that together comprise over 20,000 hectares (about 50,000 acres) in a region that has produced more than 30 million ounces of gold historically
  • The company announced this month that it has completed a high-resolution heli-borne magnetic survey (“MAG”) on its largest project that will help the company decide where potential gold mineralization worth further exploration may lie
  • The company’s efforts to fund its exploration work include a recently announced private placement offering and an initial financing tranche closing that raised C$301,100
Mineral explorer and acquisition company StraightUp Resources (CSE: ST) is making inroads on the evaluation of potential yields from flagship properties it has acquired options to in the well-known rich gold resource district within Ontario, Canada. StraightUp announced earlier this month that it had completed a high-resolution heli-borne magnetic survey (“MAG”) on the RLX North and RLX South properties that comprise the company’s largest area of operation currently — claims covering over 10,000 hectares (about 25,000 acres). The MAG survey consists of 2,985 line-km at 50-meter line intervals covering the entire property and the results will be used to help determine areas of potential gold mineralization and high-merit areas worthy of further exploration. “It is exciting to see how the adoption of technology has led to such advanced interpretation and with computer modelling, revolutionization of the industry,” StraightUp President and CEO Mark Brezer stated in a news release announcing the project’s status (https://ibn.fm/M3M5Z). “These projects are in the heart of the Red Lake Mining District, an area that is seeing a resurgence of gold bearing deposits that were overlooked in the past. RLX North and South almost completely surround Great Bear Resources Sobel Project and with our accumulated data from the region and upcoming MAG results, we can better pin-point future drill programs.” The Red Lake district is renowned for over 30 million ounces of historic gold production, and the RLX projects are situated near the Red Lake Mine complex that is the district’s largest gold deposit with estimated reserves of 3.23 million ounces as of a 2019 report (https://ibn.fm/qQtLi). The company regards the contact between the metavolcanic packages of north and south RLX properties as “highly prospective” for economic deposits of gold, or deposits that are formed in such a way that they can be mined out of economic interests. Most of the ore production that has taken place in the district historically has come from within a few hundred meters of the contact point, according to the company. The RLX properties are joined by other neighboring projects StraightUp has optioned, including the 6,600-hectare (16,308-acre) Ferdinand Gold Property, the 2,000-hectare (4,942-acre) Belanger property and the 1,944-hectare (4,803-acre) Bear Head Gold Project, which extend into a neighboring greenstone belt. As StraightUp evaluates the prospects of the properties, it continues to acquire financing for the projects. Concurrent with the announcement of completing the RLX MAG survey, the company announced a non-brokered financing to raise up to C$2 million through a private placement offering and the close of the first tranche of the financing, raising C$301,100 by issuing 1.5 million common shares and 752,750 warrants. The private placement offers one common share at a price of C$0.20 and one-half of a transferable common share purchase warrant, which can be used to buy an additional common share at a price of C$0.30 per whole warrant. The net proceeds will be used to fund upcoming exploration projects and other property expenditures. In June, the company received preliminary MAG survey results from its Ferdinand Gold Project and began ground work exploration there in August (https://ibn.fm/28CmC). In June the company also filed an NI 43-101 compliant technical report that recommends further exploration on the Belanger Property (https://ibn.fm/2de7C). For more information, visit the company’s website at www.StraightUpResources.com. NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR

Delic Holdings Inc. (CSE: DELC) (OTCQB: DELCF) Looks Optimally Positioned to Benefit From Continued Growth Within the Psychedelic Wellness Sector

  • Delic has positioned itself as a leading psychedelic wellness platform, with businesses spanning all corners within the sector
  • Delic’s latest announced acquisition will make it the largest chain of operating psychedelic wellness clinics in the US
  • The psychedelic wellness sector has enjoyed robust growth as of late, following the FDA’s move towards granting psilocybin “breakthrough therapy” status in 2018
  • Denver and Oakland have been among the first US cities to decriminalize the use of psilocybin mushrooms with California currently studying whether to follow suit
  • The psychedelic drugs market is expected to reach a size of $10.75 billion by 2027
When Michael Pollard embarked on writing his seminal book, How to Change Your Mind in 2018, the psychedelic wellness industry was a far different world to what we know today (https://ibn.fm/SiWdt). Although the psychedelic industry boasts a long history in America dating back to the 1950s, it’s only in the last few years that scientific research into the world of psychedelics and its related compounds has uncovered their potential to relieve a wide array of mental suffering, including depression, anxiety, and addiction. Delic Holdings (CSE: DELC) (OTCQB: DELCF) has sought to capitalize on the ongoing transformation within the sector, positioning itself as the leading psychedelic wellness platform committed to bringing science-backed benefits to all and reframing the psychedelic conversation. Originally formed in 2019 to address the growing interest within the science-backed psychedelic wellness sector, Delic has transformed itself into a sprawling conglomerate with services spanning all areas within the sector. The company’s related businesses now include trusted media and e-commerce platforms like Reality Sandwich and Delic Radio; Delic Labs, the only licensed entity by Health Canada to exclusively focus on research and development of psilocybin vaporization technology; Meet Delic, the premiere psychedelic wellness event; and Ketamine Infusion Centers and Ketamine Wellness Centers (pending acquisition), making it the largest psychedelic wellness clinic chain in the country. According to the National Institute of Mental Health, over 17 million Americans have at least one major depressive episode every year, and up to 30 percent of them receive insufficient help from current medical treatments. Meanwhile, a further estimated 40 million adults struggle with anxiety disorders. In a move towards addressing the growing health crisis in 2018, the FDA moved towards granting psilocybin “breakthrough therapy” status for the treatment of severe depression. Shortly thereafter, first Denver and then Oakland voted to decriminalize the use of psilocybin mushrooms, with the state of California currently reviewing a bill to decriminalize a wide variety of psychedelics (https://ibn.fm/SV0LT). With the sector on the cusp of broad-based legalization, the psychedelic drugs market is now projected to grow to a size of $10.75 billion by 2027, up from $4.75 billion in 2020 with a forecast CAGR of 12.36 percent over the period of 2021-2027 (https://ibn.fm/sqQwO). Delic has responded by servicing the growing interest within the sector through the expansion of its wide-ranging media business, which includes the provision of a free education platform; hosting Meet Delic, the first-ever psychedelic wellness summit; and the creation of Delic Radio — a station featuring over 43 podcast episodes delving into different aspects of the psychedelic industry. Simultaneously and in line with their goal of enabling billions of people to live happier lives through the provision of psychedelic treatments, Delic has acquired Ketamine Infusion Centers, which operates two ketamine clinics located in Bakersfield, California, and Phoenix, Arizona, and recently announced its acquisition of Ketamine Wellness Centers, which currently operates 10 clinics across Arizona, Colorado, Florida, Illinois, Minnesota, Nevada, Texas and Washington. Delic expects to open 15 additional clinics across the country over the next 18 months. In recognition of the rapidly changing state of the industry, Delic has also focused its efforts around Delic Labs, a licensed cannabis and psilocybin research laboratory. It is the only Health Canada-licensed entity to exclusively focus on research and development of psilocybin vaporization technology. The psychedelic wellness industry has long been recognized as one of the fastest growing segments within the global healthcare industry. With its business spanning all aspects of the sector, Delic looks optimally positioned to benefit from the continued growth in the sector and the ongoing legalization efforts around the world. For more information, visit the company’s website at www.DelicCorp.com. NOTE TO INVESTORS: The latest news and updates relating to DELCF are available in the company’s newsroom at https://ibn.fm/DELCF

AnPac Bio-Medical Science Co. Ltd. (NASDAQ: ANPC) Leading the Way in Early Cancer Detection Space

  • Up to 50% of cancer is preventable, while other types can be detected or treated early, often resulting in complete remission for patients
  • AnPac Bio-Medical Science Co., Ltd. uses blood-based testing to detect many types of cancer (multi-cancer tests) and pre-cancer diseases, predicting its potential to occur in the future
  • Company’s proprietary CDA technology is powered by a database of over 220,000 clinical and general population test samples and cases and leverages a proprietary algorithm to generate personalized cancer screening
  • Its follow-up study on multi-cancer risk assessment tests is believed to be the largest on-going study which has demonstrated its effectiveness with significant amount of confirmed cases of over 20 cancer types, over 20 pre-cancer diseases and major diseases at the hospitals
Cancer is the second leading cause of death worldwide, claiming approximately 10 million lives per year, which equals approximately one in six of all annual deaths. With the proper screening and detection methods, as well as healthy lifestyle choices including public health measures like immunizations against infections that could cause cancer, the World Health Organization (“WHO”) estimates that up to 50% of cancers could be prevented. Many of the cancers that are not preventable can be detected early, treated, and cured – sending the patient into remission (https://ibn.fm/sYvxk). But cancers are frequently not caught by general practitioners, missed because the symptoms are overlooked or attributed to something else. The results can be deadly, with cancers being detected at a dangerously late stage. AnPac Bio-Medical Science (NASDAQ: ANPC), a biotechnology company focused on cancer screening and early detection, has developed a proprietary approach to detect cancerous and pre-cancerous diseases – Cancer Differentiation Analysis (“CDA”) technology. CDA uses the blood’s natural biophysical properties to identify cancerous environments before tumors even form. CDA platform, in which CDA technology is combined with protein based biomarker tests to obtain even more comprehensive information, can be used to obtain more comprehensive data and information. Unlike most liquid-based cancer screening and detection methods, CDA platform from AnPac Bio focuses on assessing the existing protein based biomarkers with biophysical properties of the blood tested to signal the lead-up to serious health problems, including cancer, which has been used to help assessing cancer risk and its type, and predict where the risk is highest in the future through a standard blood test. CDA is powered by a database of over 220,000 samples and cases, allowing it to serve as a new approach to disease and cancer screening. AnPac Bio’s technology leverages a proprietary algorithm that synthesizes the data, effectively generating a personalized assessment approach for general population. Through CDA and CDA platform, AnPac Bio aims to fulfill numerous goals, including:
  • Innovate: In the cancer screening industry, AnPac Bio is an innovator. CDA research has been ongoing since 2008, with commercial operations commencing in 2015. The company considers itself a thought leader in developing multi-cancer screening
  • Detect: AnPac Bio is passionate about the early detection of signals of life-threatening cancers
  • Identify: AnPac Bio’s CDA identifies the risks of up to 26 different types of cancers with high sensitivity and specificity
  • Provide: AnPac Bio’s platform provides a multi-level and multi-parameter analysis with proprietary algorithmic assessment, resulting in accurate and easy-to-understand results
  • Prove: Using the analysis of database consisting of over 220,000 samples, AnPac Bio and its CDA technology have been proven to identify individuals with pre- and early-stage cancer in general population that were previously assessed “cancer-free” through more conventional testing methods
  • Biophysical Properties: CDA focuses on analyzing biophysical properties of human blood samples and correlates them to biophysical properties and cancer occurrence
AnPac Bio is thus uniquely positioned to disrupt the global cancer diagnostics market, which is expected to reach $249.6 billion by 2026, growing at a CAGR of 7% during the forecast period (https://ibn.fm/0Nt7e). The rapid growth in the industry can be attributed to the increased need for early detection and screening methods, which AnPac Bio and its proprietary technology offer. For more information, visit the company’s website at www.AnPacBio.com. NOTE TO INVESTORS: The latest news and updates relating to ANPC are available in the company’s newsroom at https://ibn.fm/ANPC

Sugarmade Inc. (SGMD) Closes on Property Acquisition, Will Use LA Spot as Nug Avenue Delivery Hub

  • Cannabis-delivery acquisitions increasing as companies want in on explosive growth of e-commerce cannabis sales
  • CEO announces newly acquired property will serve as location of new SGMD Nug Avenue delivery hub
  • Sugarmade signed MOU for licenses to serve as essential piece of plan to open three cannabis-related commercial operations in California
Amid growing interest and acquisition activity in California’s direct-to-consumer cannabis delivery sector, Sugarmade (OTC: SGMD) has closed on its most recent acquisition, a parcel of prime property in Los Angeles, which it plans to use as a new distribution/delivery hub for its Nug Avenue cannabis delivery segment (https://ibn.fm/4jB0F). “The explosive growth of e-commerce during the COVID-19 pandemic has propelled new interest in acquisitions involving direct-to-consumer cannabis delivery,” reported a recent MJBizDaily article (https://ibn.fm/XCG1q). “Some marijuana companies have acquired delivery-only cannabis dispensaries, while others have spent more to acquire vertically integrated MJ firms with home-delivery operations included. The article noted that companies involved in recent delivery-related acquisitions have said that the deals help them quickly access an existing base of loyal delivery customers, gain delivery expertise to apply to their existing operations and leverage delivery assets in other U.S. markets. “I think these M&A transactions are a part of a bigger phenomenon, which is the growth of delivery. It’s one way to achieve that – you acquire it,” the article quoted investment banker Frank Columbo as saying. Columbo is director of data analytics at Viridian Capital Advisors, which tracks capital raises, mergers and acquisitions in the cannabis sector. “We are very excited to announce the upcoming location of our new Nug Avenue delivery hub, which is in a prime position to serve the downtown LA area,” said Sugarmade CEO Jimmy Chan. “Our initial Nug Avenue location has been open for nearly six months and has established a strong brand with tremendous growth in membership — already exceeding 10,000 members and growing fast. Our remaining licenses can be applied to both expansion and verticalization of Nug Avenue operations as we continue to build a top-tier, farm-to-door leader in the California cannabis marketplace.” Prior to closing on the acquisition of the LA property, Sugarmade signed a memorandum of understanding to obtain three nonstorefront California cannabis licenses from the Los Angeles Department of Cannabis Regulation, along with corresponding licenses from the California Bureau of Cannabis Control. Combined, these licenses provide an essential piece of SGMD’s strategic plan to open three new cannabis-related commercial operations in California. According to the announcement, the Company intends to use one of the licenses, once obtained, to this newly acquired property in LA; the company will designate it as a licensed cannabis delivery business under its Nug Avenue brand. Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. In addition to its financial interest in the BudCars brand, SGMD’s brand portfolio includes Nug Avenue, CarryOutsupplies.com, SugarRush(TM), Lemon Glow and BudCars. For more information, visit the company’s website at www.Sugarmade.com. NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://ibn.fm/SGMD

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Solution for Faster and More Effective Drug Delivery

  • One of the main challenges with drug delivery and the overall effectiveness of the drugs is first-pass metabolism/excretion
  • Lexaria solves this problem with its DehydraTECH(TM) drug delivery technology
  • Since the company began working on this technology back in 2014, it has made major strides in the delivery of hypertension and anti-viral treatments
Since its inception, Lexaria Bioscience (NASDAQ: LEXX) has remained committed to enhancing the speed and overall efficiency of orally delivered fat-soluble active molecules in drugs. With its drug delivery technology, DehydraTECH(TM), the company has aided in developing hypertension and anti-viral treatments (https://ibn.fm/96k7t). This is a big achievement for the company and is already making an impact in the pharmaceutical industry. One of the main challenges with drug delivery and the overall effectiveness of the drugs is first-pass metabolism/excretion. Also referred to as the first-pass effect or presystemic metabolism, this is an occurrence where whenever a patient takes a drug orally, it enters the liver and suffers extensive biotransformation to a level where its bioavailability or overall effectiveness is drastically reduced, ultimately showing subtherapeutic action (https://ibn.fm/vfEfN). In the past, scientists and pharmaceutical companies have tried to address this by calculating the total quantity of the metabolized drug, with an equivalent amount of excess drug added to the oral formulation. Alternatively, they have tried to explore alternative routes of drug administration, specifically designed to bypass first-pass metabolism. Of the tried and tested workarounds to the issue, some have shown more promise than others. However, nothing comes close to Lexaria’s DehydraTECH. Since Lexaria began working on this technology in 2014, DehydraTECH has developed considerably and impacted the industry. So far, it has proven useful for potentially treating hypertension, along with the delivery of Colchicine, a drug with known SARS-CoV-2 anti-viral properties (https://ibn.fm/eaBrv). DehydraTECH is applied by incorporating an intermediate step in the formulation and manufacturing of existing or orally ingestible and topical products. This is a crucial step that entails mixing the active ingredients as a delivery “payload” with specific fatty acids and infusing the mixture into a substrate material. The next step involves using a controlled dehydration synthesis processing to associate the payload and fatty acids together at a molecular level before integrating the newly-combined molecules into end-product production across various dosage form factors. From a commercial standpoint, Lexaria’s technology is proving to offer an additional layer that companies that offer consumer supplements, prescription, and non-prescription-based drugs, cannabis, and nicotine products can use to improve the effectiveness of both new and existing products. With over 50 pending patents in countries worldwide, along with 21 granted patents in countries of highest commercial potential such as the US, the EU, Japan and more, Lexaria understands the value of this technology and its usefulness, both to patients and pharmaceutical companies. Gone are the days of having to calculate the total quantity of the metabolized drug once orally taken. DehydraTECH allows the body to bypass first-pass-liver processing, allowing for smaller doses and effective treatment for specific conditions and ailments. It is a tremendous milestone, not just for Lexaria but also for the medical industry. With what the company has achieved since 2014, it is evident that bigger and better things are to come. 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

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Ideally Situated in Burgeoning Cannabis Beverage Sector

  • EMR report projects that North America is likely to be fastest, largest marketplace for cannabis beverages
  • Cannabis beverage industry projected to grow at CAGR of 48% in the next five years, reaching an anticipated $12.7 billion by 2026
  • BevCanna manufactures its own beverage product lines, offers white-label services to companies looking for the highest-quality products available
North America will be a leader in the global cannabis beverage market, according to a recent Expert Market Research (“EMR”) report (https://ibn.fm/ucsAZ). This projection bodes well for BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health & wellness beverage and natural products company developing and manufacturing a range of alkaline, plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients. “North America is likely to be the fastest and largest marketplace for cannabis beverages,” the EMR report stated. “The legalization of cannabis for medical, therapeutic, and recreational purposes is driving the growth of market. In 2018, Canada legalized the utilization of marijuana for recreational and medical purposes. Various states in the United States have made the addition of cannabis infusion legal in food and beverages. This factor is predicted to spice up the expansion of the cannabis food and beverage market in North America.” EMR went on to note that worldwide, the cannabis beverage industry is expected to grow at a CAGR of 48% in the next five years, reaching an anticipated $12.7 billion by 2026. The report noted that increasing demand for wellness beverages is expected to drive the expansion of cannabis beverages industry. Other drivers behind the market growth include the lower sugar content of the product, the presence of consistently dosed amount of cannabis for consumption, the legalization of marijuana consumption for medical and recreational purposes in many countries, and the growing consumer interest in cannabis edibles. “Cannabis consumers are shifting their interest from smoking cannabis to other ways, like beverages, tinctures, and chocolates, and other edibles,” the report noted. “Consumers are willing to consume concentrated and cannabis-infused products, which successively is anticipated to support the market growth. Cannabis beverages are predicted to exchange other marijuana-infused consumables, like chocolates, cookies, brownies, and confectionaries like gummies and candies which are considered to be not healthy. This factor is predicted to spice up the demand for cannabis drinks over the forecasted period.” Ideally situated in this booming space, BevCanna is in a position to leverage its state-of-the-art facilities and expertise to manufacture its own beverage product lines and to provide white label solutions to a growing list of third-party companies. For more information, visit the company’s website at www.BevCanna.com. NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://ibn.fm/BVNNF

Brain Scientific Inc. (BRSF) is Making EEGs Accessible to 5,900 US Hospitals

  • 5,900 hospitals in the US lack the necessary extensive EEG tech
  • BRSF has created a cost-effective solution capable of supplying these hospitals with the equipment needed and broadening the reach of each neurologist
  • Emergency departments and hospitals are not the only markets in need of brain monitoring devices, and the industry is expected to grow to $208 billion by 2023
For most U.S. patients, an EEG is mostly unavailable during their journey, from home by EMS to the Emergency department. Additionally, for those patients who are admitted to the ICU, less than 45 percent of ICUs offer EEG monitoring. There are approximately 6,090 hospitals in the U.S., and around 5,900 of them lack the necessary extensive EEG tech coverage. There are several reasons for the lack of access:
  • Costs and/or space: 70% of US hospitals do not have the equipment for routine EEGs
  • Traditional EEGs require a specialized technician to administer and read the data
  • The equipment is bulky, which restricts accessibility and mobility
  • Twenty (20) states have less than 10 neurologists per 10,000 patients
  • Neurological care needs are increasing with the aging population
Brain Scientific (OTCQB: BRSF) has created a solution that makes EEG technology accessible. The Company’s neurotech ecosystem is making it possible for all hospitals to perform EEG tests efficiently. The technology is simple to use. Neurologists are given the resources necessary to automate the tedious tasks and focus their energy on the patient while simultaneously broadening their range of impact. BRSF’s ecosystem begins with the disposable and easy-to-apply clinical-grade NeuroCap(TM), patented and FDA-cleared, that comes in small, medium, large, and pediatric (extra small) sizes. This disposable headset comes equipped with 22 pre-gelled electrodes that eliminate the task of head measurement and electrode placement. This significantly reduces the amount of time needed to set up, limiting the amount of contact between the patient and the medical professional applying the headset. In addition, because it is disposable and does not need to be painstakingly cleaned before moving on to the next patient, more EEGs can be administered, and the risk of cross-infection is significantly reduced. The NeuroEEG(TM), patented and FDA cleared, is a portable and wireless EEG amplifier that fits into the palm of your hand and is used to monitor electrical brain activity. By making EEG technology more available, BRSF has created a time-saving and cost-effective solution for hospitals while simultaneously meeting the growing need for additional neurological care of the communities those hospitals serve. Emergency departments and hospitals are not the only markets that require brain monitoring devices. Improved technology is necessary in specialized niche markets that address Alzheimer’s disease, traumatic brain injury, depression, epilepsy, ADHD, stroke, sleep disorders, dementia, migraine, and more. It’s estimated that the U.S. medical device industry will grow to $208 billion by 2023, and BRSF is ready to meet that increasing need. For more information, visit the company’s website at www.BrainScientific.com/Invest-Now. NOTE TO INVESTORS: The latest news and updates relating to BRSF are available in the company’s newsroom at https://ibn.fm/BRSF

Avricore Health Inc. (TSX.V: AVCR) (OTCQB: AVCRF) and the Critical Need for Better Disease Diagnosis

  • Up to 70% of all medical decisions are based on lab tests. These tests cost between 3% and 6% of total patient-care costs
  • The average patient spends about $260 on lab tests, a figure that is mainly associated with waiting for test results
  • With point-of-care (“POC”) testing, waiting time can improve by as much as 46 minutes per patient, thus making it cheaper for the patient
  • Avricore understands this problem, hence its investment in point-of-care technologies designed to make disease diagnosis easier, affordable, and more efficient
Over the past few decades, disease diagnosis has proven to be the single most important ongoing development in medicine, and for a good reason. The surge in infectious diseases has shown the importance of rapid and accurate diagnosis. Cases of Ebola outbreaks, along with the recent Covid-19 pandemic, have shown the significance of proper diagnosis and, even more importantly, point-of-care (“POC”) testing (https://ibn.fm/gzafZ). Early and accurate diagnosis has proven to improve the overall effectiveness of treatments while also helping the infected patient avoid long-term complications. Additionally, misdiagnosed or undiagnosed patients can unknowingly transmit the disease they have to others. In other cases, inaccurate diagnosis has led to the misuse or overuse of antibiotics, ultimately resulting in antibiotic resistance. Avricore Health (TSX.V: AVCR) (OTCQB: AVCRF), a Canadian-based enterprise, since its inception, has maintained its primary focus on developing a network of point-of-care analyzers, offering advanced technologies that aid with easy, fast, and efficient diagnosis. This health diagnostics technology innovator utilizes its HealthTab(TM) platform in community pharmacies, rural areas, and workplaces, thereby cutting down on the time it takes for a patient to get a proper diagnosis and medication for their ailment (https://ibn.fm/mcwMV). As it currently stands, up to 70% of all medical decisions are based on lab tests. Typically, these tests account for between 3% and 6% of total patient-care costs, which can be significant if a patient requires multiple tests or if the initial test proves unforthcoming (https://ibn.fm/UKtMz). Avricore understands that this is an issue, so it has invested a lot in rapid testing for patients. So far, the company, through its partners, offers rapid diagnosis for diabetes and cardiovascular conditions, and even Covid-19 (https://ibn.fm/w6u9p). POC testing has proven to offer the highest cost savings, which can then be traced down to the decreased cost of waiting for results. With rapid turnaround times, patients can save between 8-20% of lab costs. For instance, in the United States, patients spend as much as $260 each on lab tests and costs associated with waiting for their results. With POC testing, as Avricore is currently offering, waiting can improve by as much as 46 minutes per patient, resulting in monetary savings. For further context, the use of a diagnostic test for early detection of Methicillin-Resistant Staphylococcus Aureus (“MRSA”) allowed doctors to prescribe optimum antibiotics 1.7 days sooner, thereby reducing the length of hospital stays by 6.2 days and lowering hospital costs by over $21,000. Researchers also pointed out during the Ebola crisis that had POC tests been used during the epidemic, its scale could have been reduced by over a third. Avricore understands the importance of proper and efficient disease diagnosis, hence its investment in point-of-care analyzers. The company has made incredible strides over the past few years, forming critical partnerships with pharmacies and bringing its services closer to the people. This has proven useful in the company’s onsite testing and reporting capabilities for SARS-CoV-2, RSV, Influenza A & B and Strep (https://ibn.fm/7zO7d). Referring to itself as a total health innovator, Avricore is constantly seeking to capitalize on technological advancement and consumer health trends, thereby offering consumers, health providers, and life-science companies the ability to control spending and health outcomes (https://ibn.fm/yHMLr). Going forward, the company intends to become the world’s largest health diagnostics company. It is currently focusing on point-of-care technologies within community pharmacies to achieve this. According to the company, doing so will make the diagnosis and overall healthcare more accessible and affordable to the masses. What the company is doing is transforming disease diagnosis and laying the foundation for what is to come in the future. For more information, visit the company’s website at www.AvricoreHealth.com. NOTE TO INVESTORS: The latest news and updates relating to AVCRF are available in the company’s newsroom at https://ibn.fm/AVCRF

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Expands Plant-Based Product Horizons to Include Walmart Marketplace

  • The company gains the client base offered by Walmart while still maintaining control over inventory, pricing, fulfillment, and customer care
  • Available brands will include Oatly, Nature’s Path, Made in Nature, and Simply Organic
  • Since 2020, PlantX has offered many services through the company’s platform, including access to over 5,000 plant-based or vegan items across its vast catalogue
  • PlantX shows dedication to consumers by offering a platform full of plant-based products, meal delivery programs, a plant delivery program, and even forums where like-minded consumers can interact
Dedicated to being the digital face of the plant-based community, PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is providing consumers with a one-stop shop for all things plant-based. Quickly growing and evolving through the company’s catalog of verticals, PlantX offers more than 5,000 plant-based products to consumers across North America. Now, the company also launched as a seller on the Walmart Marketplace in the United States, where it will have over 500 plant-based grocery items available, ranging in variety and brands, including Oatly, Nature’s Path, Made in Nature, and Simply Organic. Having access to Walmart’s marketplace ecosystem is a big opportunity for PlantX, and it should ultimately help the company position itself as a leader in the plant-based industry. “The decision to apply and launch as a Seller on Walmart’s US Marketplace was inspired by PlantX’s experience as a Seller on the Walmart Marketplace in Canada, where PlantX has launched over 900 distinct plant-based items since June,” PlantX CEO Lorne Rapkin explained the decision (https://ibn.fm/KrJCF). “The new agreement will enable PlantX to integrate its growing selection of plant-based products onto the Walmart platform in the U.S. and have access to Walmart’s extensive customer network and digital marketing resources while maintaining full control over our inventory, pricing, fulfillment, and customer care.” As a high-growth technology company that focuses on consumer-packaged-goods (“CPG”) for plant-based opportunities, the PlantX platform is a community that includes:
  • Plant-based grocery and pantry items, including vitamins, cosmetics, and even pet food
  • Meal delivery with recipes created by well-known plant-based chefs worldwide
  • A plant shop that delivers a wide variety of affordable indoor houseplants to homes across the United States and Canada
  • Easy to follow plant-based recipes weekly
  • Partnerships with restaurants, nutritionists, chefs, and brands
  • A community of like-minded individuals
Since its launch in February 2020, PlantX has offered a variety of services through the comprehensive platform. The online marketplace features over 5,000 items across all of its product categories. The digital interface provided by PlantX spans an initiative for health and wellness, having been compared to the likes of Amazon. The platform provides consumers with the ability to fulfill a plant-based life at the click of a button. PlantX allows customers to shop, find recipes, read blogs, be a part of a community, use an educational interface, view cosmetics, read corporate updates, subscribe to the company newsletter, and more. To date, PlantX has launched multiple verticals under its brand. These include new meals and programs by renowned chefs, flagship PlantX locations, PlantX branded goods, U.S. meal delivery and LIV, and online peer-to-peer fitness. Using a consumer-friendly interface, the PlantX website makes it easy to navigate and find what is needed. Forums are available for consumers to communicate with one another, swap recipes, locate restaurants, and more. In the future, PlantX plans to continue scaling through organic growth, strategic partnerships, and accretive M&A opportunities. The company intends to expand with a global strategy for distribution in North America, Europe, and Israel. For more information, visit the company’s websites at www.PlantX.comwww.PlantX.ca, and https://investor.plantx.com/ and view PlantX for Plant-Based Investors. NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Creation of Million-Dollar Foundation to Support Local Communities

  • UUUU’s San Juan County Clean Energy Foundation designed to assist communities surrounding Energy Fuels’ White Mesa Mill in southeastern Utah
  • Company initially donating $1 million, plans to donate annual funding equal to 1% of the mill’s future revenues
  • Investing back into the San Juan County community will give company opportunity to support, catalyze sustainable economic and community development
Committed to being a strong member of the community, Energy Fuels (NYSE American: UUUU) (TSX: EFR)  has established the San Juan County Clean Energy Foundation (https://ibn.fm/y7aW1). The foundation is a fund created to contribute to the communities surrounding Energy Fuels’ White Mesa Mill in southeastern Utah. Energy Fuels kicked off the fund by depositing $1 million into the foundation, noting that the company plans to continue to donate annual funding equal to 1% of the mill’s future revenues. The funds from the foundation are earmarked to support the local economy and local priorities, specifically focusing on supporting education, the environment, health/wellness, and economic advancement in the city of Blanding, San Juan County, the White Mesa Ute Community, the Navajo Nation and other area communities. “The communities that surround our facility deserve to share in the benefits of the mill’s clean-energy future,” said Energy Fuels CEO Mark Chalmers. “We see San Juan County as becoming a critical minerals hub for the U.S., and we believe the foundation is truly the best way to make an impact and difference in the lives of those who work alongside us as we pursue these goals.” In the announcement, Chalmers noted that uranium, which is the fuel for carbon-free, emission-free baseload nuclear power, is one of the cleanest forms of energy in the world. “The rare earths we are now producing are used for the manufacture of permanent magnets for electric vehicles, wind turbines and other clean energy and modern technologies, and the thorium and other radioisotopes we are evaluating for recovery from our rare earth and uranium processing streams have the potential to provide the isotopes needed for emerging targeted alpha therapy cancer-fighting therapeutics. The very heart of our business — uranium and rare-earth production and recycling — helps us play a big part in addressing global climate change, reducing air pollution, and making the world a cleaner and healthier place.” “The processing of rare earths at the White Mesa Mill, in addition to processing and recycling uranium, is one of the best opportunities I have seen in my entire 40+ year career, as electric vehicles, renewable energy systems, and other clean energy and advanced technologies drive demand,” Chalmers continued. “And the potential to also extract isotopes that can be used to fight cancer is a very important added opportunity. Investing back into the San Juan County community will give us the opportunity to help support and catalyze sustainable economic and community development, beyond good jobs and more tax revenues.” Local community leaders reacted to the announcement, with Blanding mayor Joe B. Lyman noting that the company has long been a major contributor to not only the employment base of the community but also for the well-being and prosperity of this region. “Over the last year, the company has met with local community members to understand and identify needs in the area,” he observed. “The formation of the foundation is a culmination of these efforts and the beginning of a long-term commitment to improve the quality of life for everyone in the San Juan County area to help us reach our full potential.” While Blanding only boasts a population of a little more than 3,000, the city is the largest one in San Juan County. Resources in the area include mineral processing, mining, agriculture, local commerce, tourism and transportation. In addition, the community serves as a gateway to nearby natural, cultural and archaeological resources. Energy Fuels noted that the foundation will have a community-based advisory board, which will assist in determining the best allocation for the funds. This will “ensure that the foundation’s contributions are well planned and correspond to the specific needs and aspirations of the communities,” the company stated. Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. Energy Fuels also produces vanadium from certain projects, as market conditions warrant, as well as rare earth carbonate. With corporate offices in Lakewood, Colorado, near Denver, and all of its assets and employees in the United States, Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming and the Alta Mesa ISR Project in Texas. For more information, visit the company’s website at www.EnergyFuels.com. NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

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For investors evaluating emerging medical technology companies, the competitive advantages behind a product can be as important as financial results. That was the focus of a recent Medsider interview with Dr. Sudhir Srivastava, founder, chairman and CEO of SS Innovations International (NASDAQ: SSII), a developer of innovative surgical robotic technologies, who discussed the company’s strategy […]

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