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Trxade Group Inc. (NASDAQ: MEDS) Reports Revenue Growth Amid Buildup to Multi-Platform Telehealth Integration

  • Trxade Group Inc. is an expanding healthcare tech platform builder that aims to assist small, community-based pharmaceutical businesses and the patients who comprise their customers through drug pricing and delivery operations as well as telemedicine consultations
  • Trxade Group recently announced its year-end financial statement for 2019, noting revenues had grown nearly double over the previous year, from $3.83 million to $7.43 million
  • The company is celebrating a decade in operation with four platforms that are integrated synergistically to serve the needs of rural and neighborhood-centric health businesses on a subscription basis
  • Trxade’s telehealth services enable patients to access licensed medical professionals from virtually anywhere via personal technology for minor health needs, ensuring them that during a time of pandemic they won’t need to risk unnecessary exposure to the COVID-19 virus at facilities treating other patients
  • Trxade recently announced its uplisting to the Nasdaq Capital Market and rang the exchange’s opening bell as part of its efforts to continue building its financial resources

Before the pandemic sweep of the novel coronavirus (or COVID-19) began causing alarm among health policy advisers and care providers, leading to restrictions on movement for the general population, forward-thinking health services provider Trxade Group Inc. (NASDAQ: MEDS) was building a synergistic set of operational platforms to help expand the reach of care providers to underserved communities via online “telemedicine” technology and medicinal delivery services that now seem prescient in their nature.

Amid Trxade Group’s efforts to expand its platforms, the company saw continued revenue growth that culminated in its recent uplisting to the Nasdaq Capital Market and an announcement that it expected gross proceeds of $5.2 million from a public offering’s sale of common stock (http://ibn.fm/N1kFG).

On March 30, Trxade announced its year-end financials, reporting that annual revenues from continuing operations grew from $3.83 million in 2018 to practically double that amount in 2019 at $7.43 million. The company also saw operating income rise from a loss of ($87,616) in 2018 to a gain of $125,244 (http://ibn.fm/1N4TM).

The improved financial picture reflects Trxade’s efforts to make healthcare services affordable and accessible across all 50 states coincidental to price transparency mechanisms and increased profit margins for buyers and sellers of pharmaceuticals.

As the company completes its first decade of operations, it has grown to enfold four platforms that are integrated to best serve the needs of rural and neighborhood-centric health businesses. The platforms are the company’s trademarked trading platform that serves 12,100 registered pharmacies, a licensed virtual (online) wholesaler, web-based telehealth services through the company’s Bonum Health subsidiary and the company’s DelivMeds same-day/mail order pharmaceuticals delivery service.

“In addition to increased revenue growth from our companies, Trxade Group achieved a number of significant milestones around innovation and enhancements in 2019 that add even more value to our role as a strategic provider to independent pharmacies and lower cost healthcare to all consumers,” Board Chairman and CEO Suren Ajjarapu stated in a news release. “We believe our platform will become even more important for our customers in the years to come. We have a clear vision of our strategy and the opportunities ahead and look forward to another successful year of growth.”

The company’s report states it added 3,266 new independent pharmacies to its trading platform in 2019 and saw a 23.07 percent rise in pharmacy purchasers during the year, as well as an 8.86 percent increase in purchases per pharmacy on the trading platform.

On March 10, Trxade announced (http://ibn.fm/kH95J) that it was launching a new service through Bonum and DelivMeds to provide subscribers with three premium medical teleconferencing visits and free prescription delivery through company subsidiaries each month under the standard membership rate, freeing patients from unnecessary exposure to viral illnesses such as COVID-19 or the seasonal flu and RSV at hospitals and urgent care facilities when consulting for “clinical needs and minor visits that do not require conventional appointments.”

The telehealth services can provide patients with private access to board-certified physicians from virtually anywhere, using the patients’ personal communication technology.

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

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

Sigma Labs Inc.’s (NASDAQ: SGLB) 2019 a ‘Milestone Year’; Foresees Industry Leaders Requiring In-Process 3D Metal Printing Quality Assurance

  • Sigma announcement outlines operational, financial highlights
  • Management calls 2019 “milestone year” and believes that SGLB technology is on forefront of next industrial revolution
  • Company anticipates seeing continued momentum from both end users and additive manufacturing machine OEMs

Sigma Labs (NASDAQ: SGLB), a leading developer of quality-assurance software for the commercial 3D-printing industry, announced its financial and operational results for Q4 and fiscal year ending December 31, 2019 (http://ibn.fm/A6ck8).

The announcement outlined several key highlights for the company, including entering into a joint sales agreement with Materialise, being awarded Phase 2 test and evaluation program status from different manufacturers and being selected by a major international OEM machine manufacturer to integrate Sigma’s exclusive PrintRite3D(R) quality-assurance software program as part of an evaluation process for a broader rollout.

“2019 was a milestone year for Sigma Labs, as we transitioned from an R&D-focused company into a full-fledged commercial enterprise, complete with a validated, user-friendly product with customers who are some of the largest industrial companies in the world and in the top echelon of additive manufacturing OEMs,” SGLB executive chairman Mark Ruport stated in a news release. “I am particularly proud of our recently announced joint sales agreement with Materialise, a leading provider of additive manufacturing software and 3D-printing solutions, to commercialize our newly integrated PrintRite3D quality-assurance technology within the Materialise control platform. I continue to see intense interest from industry players of every size, proving the absolute value inherent to our technology.”

The announcement mentioned additional highlights for the quarter, which included being selected by a major Japanese OEM machine tool manufacturer for a test and evaluation program of PrintRite3D Real Time Melt Pool Analytics and being awarded several key contracts, including a contract to implement PrintRite3D in collaboration with university research centers at the Northwestern University, a contract with the Mississippi State University Center for Advanced Vehicular Systems, and a contract with the VTT Technical Centre of Finland to install PrintRite3D at the VTT 3DMetalprint Centre for Additive Manufacturing.

Year-end highlights included being chosen by Airbus to deploy the PrintRite3D version 5.0 product into a laser powder bed printer as part of a testing and evaluation program, launching the breakthrough version 5.0 quality-assurance software at the RAPID+TCT 3D Printing and Additive Manufacturing Conference and realizing third-party validation of its PrintRite3D software through a Defense Advanced Research Project Agency research study conducted in collaboration with Honeywell Aerospace.

“Sigma is truly on the forefront of the next industrial revolution, addressing a major cost headwind to allow additive manufacturing technology to further scale and revolutionize many industries,” added Ruport, who noted that, given the COVID-19 crisis, Sigma’s principal commitments are to its employees, shareholders and customers. “We continue to see momentum from both end users, who constantly serve as a reminder of the value of our technology, and from additive manufacturing machine OEMs, who see inherent value in integrating PrintRite3D into their machines. Revenues from either of these avenues could build rapidly, but more importantly could provide for a repeatable revenue stream with exceptional gross margins.”

Founded in 2010, Sigma is a software company that specializes in the development and commercialization of real-time, computer-aided-inspection (CAI) solutions known as PrintRite3D for 3D-advanced manufacturing technologies. SGLB’s advanced, computer-aided software product revolutionizes commercial additive manufacturing, enabling nondestructive quality assurance mid-production, uniquely allowing errors to be corrected in real time.

For more information about Sigma Labs, please visit www.SigmaLabsInc.com

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

Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) Poised to Rapid Growth in the Burgeoning Psychedelics Market

  • SHRM completed successful IPO, raising $2.8 million; lists its stocks in the U.S. and Germany
  • Unlike rapidly declining general market, nascent industry reports rapid growth, yet few players occupy the space
  • SHRM well positioned to capitalize on the burgeoning market, placed ahead of scarce competition

Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) is a Canadian research-driven company specializing in the formulation of medicinal-mushroom health products, and novel delivery platforms for the pharmaceutical and nutraceutical industries. SHRM is poised for rapid growth as the emerging psychedelics sector has been on the rise amid volatility that is taking place in the global financial markets.

Champignon is a pioneer in the nascent psychedelics industry that has bucked the trend, sparking what could become the beginning of a gold rush in a new industry full of similarities to the cannabis industry just before the boom. SHRM’s product portfolio consists of premium, organic, sustainable mushroom formulations, led by the flagship brand, Vitality Superteas, which revolutionizes conventional organic tea through the infusion of artesian mushrooms with medicinal properties.

SHRM recently successfully completed its IPO in February 2020, raising more than $2.8 million. The company will remain focused on developing its mushroom-infused portfolio and e-commerce infrastructure in the first quarter of 2020.

To create its exclusive Vitality Superteas brand, Champignon engaged mycologists as well as health and wellness professionals to formulate several premium fungi extracts, intending to biosynthesize pharmaceutical-grade psilocybin, a compound found in medicinal mushrooms, and then optimize and scale production in a clinical setting. During the third quarter of 2020, SHRM plans to start with clinical trials, developing both nonhallucinogenic and hallucinogenic therapies psychedelic substances.

“We are dedicated to transforming the health and wellness industry via the infusion of our proprietary blend of medicinal mushrooms,” SHRM CEO Gareth Birdsall stated in a news release (http://ibn.fm/27hed). “The overall product portfolio is tailored for conscious consumers looking to support mental health and bolster cognitive performance through medicinal mushroom-based products. We believe that we are only scratching the surface when it comes to unlocking the benefits hidden in medicinal mushrooms.”

Champignon Brands recently listed its stocks on the U.S. OTC Markets Exchange and Germany’s Frankfurt Stock Exchange, in addition to its original listing on the Canadian Securities Exchange, expecting that the triple listing may afford shareholders exceptional liquidity while contributing to the company’s global presence. As the growing psychedelics industry is still early in its infancy, stocks such as SHRM are likely to be in high demand.

Champignon is well positioned to capitalize on the flourishing craft-mushroom market, offering current and prospective investors the gateway to a high-growth investment, particularly valuable in the current rapidly declining global financial markets. SHRM operates in the global functional food market, which is expected to reach $34 billion by 2024, and the company has performed well in the first week following its IPO, with analysts expecting this trend to continue (http://ibn.fm/9tUgL). As the sector is still in its infancy with few stocks publicly trading, Champignon offers an attractive opportunity for investors seeking high-growth potential stocks to offset the general declining market trend.

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

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

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Allows Consumers to Buy, Sell Automobiles in 20-Minute Online Auctions

  • Cutting-edge platform was launched in 2019 with 1,300 dealers as registered users
  • 20-Minute live, online auctions get consumers the best possible price
  • The automotive dealership and commercial fleet vehicle auction industry is a $100-billion sector
  • Auctions growing at a faster rate than physical auctions, with more than 40 million used vehicles being transacted annually

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a global technology provider disrupting the outdated methods of buying and selling cars in the automotive industry, aims to provide the sector with a new and revolutionary alternative to physical auctions.

To this end, the company partnered with Arkansas-based financier Bryan Hunt, Director of J.B Hunt Transport, to launch the D2D Auto Auctions platform which includes the Driveaway app that be used on a smart phone or home computer. Consumers, through a network of dealers, get live bids in auctions that take 20 minutes.

The main goal of the partnership sealed in November 2018 was to establish an online automotive remarketing network in the United States. Since then, PowerBand Solutions has been working to customize its auction platform for the U.S. market, while Hunt and his team have been promoting the D2D remarketing solution to its client base of dealers currently operating at physical auction locations.

“In partnership with Bryan Hunt, we are excited to have launched D2D Auto Auctions’ online platform, part of our plan to make it as easy to buy and sell a car as ordering a product on Amazon,” PowerBand Solutions president and chief operating officer Kelly Jennings stated in a news release. He explained that D2D customers are able to save considerable time and money purchasing and selling vehicles online versus the traditional physical auction method.

The platform’s customers will also have access to a greater supply and variety of used vehicles, including vehicles exported from Canada, than they would through physical auction channels, Jennings added. The Driveaway app is being tested in Northwest Arkansas and will be expanded throughout Arkansas, Oklahoma and Texas in the near future.

More than 1,300 dealers were registered on the D2D platform at the time of launch. This number is expected to increase as D2D’s sales team targets additional dealerships and commercial customers, including leasing, rental and fleet companies, across the Southern United States. D2D customers are able to access the online auction platform on their computers at www.D2DAA.com, or on their mobile devices by downloading the Driveaway app, that is available on either iOS or Android.

The D2D Auto Auctions partnership with Hunt has positioned PowerBand Solutions as a significant player in the fast-growing North American online vehicle auction market. The company also owns an Exporter License, allowing it to actively participate in the $10-billion cross-border used vehicle market. Its leading-edge used-vehicle online remarketing auction platform incorporates inventory management, the latest auction technologies in the industry, appraisal processes, and market intelligence.

The overall automotive dealership and commercial fleet vehicle auction industry is a $100-billion sector with more than 40 million used vehicles transacted in the U.S. each year. Over 10 million of these vehicles are bought and sold through auctions.

“People deserve a fast, trustworthy, simple way to sell their cars and trucks,” said Bryan Hunt, when the Driveaway app was launched in March. “A few swipes and clicks in the Driveaway app will instantly provide this opportunity to millions of Americans.”

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

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

SinglePoint Inc. (SING) Seizes Fresh Market Opportunities, Continues Capitalizing on Solar Amid Triple-Digit Growth

  • SING generated 190% year-on-year revenue growth, looking for more roll-up solar acquisitions
  • Company expands into new lucrative markets as opportunities arise; launches hemp-infused hand sanitizers, expands rapidly into profitable commercial solar sector
  • SING poses attractive investment opportunity, potential for high growth opportunities for investors

Adept at analyzing market trends and selecting initiatives with untapped growth potential, SinglePoint Inc. (OTCQB: SING) is a diversified holding company that focuses on acquisitions of small to mid-sized companies, assisting them to become multi-national brands while providing investors with high growth opportunities across a wide range of assets and industries. SING has reported significant revenue growth and has recognized milestone successes with its Direct Solar acquisition, among other initiatives.

Highly skilled in seizing market opportunities as they arise, SING has recently launched Klen Hands, an innovative moisturizing hand sanitizer infused with hemp seed oil. Predicting early on that hand sanitizer’s demand would skyrocket due to the COVID-19 outbreak, SING has secured a bulk supply of sanitizer it now offers infused with hemp seed oil to provide an added moisturizing effect on the skin. Klen Hands is uniquely positioned to leverage the company’s relationship with distributors that are already carrying SING’s hemp products. Given the current market conditions, initial inventory is expected to sell out quickly (http://ibn.fm/zOGKe).

“We are very happy with how quickly we were able to put it all together, and I believe this product will be on retail shelves year-round as a permanently stocked item,” SING CEO Greg Lambrecht stated in a news release. Emphasizing the timeliness of this new product he said, “Our goal is to fulfill orders rapidly to assist retailers in providing an additional, differentiated product that meets current market demand. We will continue to build out the product mix as the market settles back in. Our management team has deep ties to Washington State, the hardest-hit area to date in the United States, and we plan to launch additional resources to help combat this virus and help provide reliable information to consumers and the general public.”

Another industry targeted by the company is the lucrative renewable energy sector, where SING acquired Direct Solar America, a national solar energy brokerage. In an interview with Money TV’s Donald Baillargeon, Lambrecht discussed the company’s most recent successes in this field (http://ibn.fm/LH2zn).

“The model is proven out, the revenues are going up, and the media is really, especially in the last two weeks, talking more and more about solar. We couldn’t be happier to be in the solar space right now,” Lambrecht stated. Affirming Direct Solar’s success as an acquisition, he continued, “I want to say on the show today that we are looking for solar acquisitions. We think that it’s an incredible roll-up opportunity where we can use the power of our stock and our ability to raise cash to go out and do a roll-up of other solar companies. We’re going to start looking for other solar companies to start negotiating acquisitions with. We welcome anybody that wants to reach us at singlepoint.com and talk about acquisitions.”

Noting that factors like The New Green Deal and upcoming political elections are drawing attention to renewable energy, Lambrecht continued, “We are ‘singing in the sun,’ and we are really bullish on solar and renewable energy… we are at the right place at the right time, finally. Solar has been around for 15-20 years but people are actually starting to put solar on residential buildings.”

As the company makes great strides in commercial solar space, Lambrecht reported that within the last two weeks, SING secured support from two credit unions and three banks interested in investing in some of the company’s commercial projects. “Those are big deals. In fact, one of them is $5.5 million,” he said, indicating that large commercial projects could potentially be announced in the coming weeks. Revealing society’s shift towards solar, the Solar Energy Industries Association reports a 45% year-on-year growth of solar installations for Q3 2019 (http://ibn.fm/iWkla).

As a company with a proven track record of exploiting lucrative market opportunities, often in new domains as they emerge, SING is an attractive investment opportunity. With diversified income streams, particularly important in these times of heightened uncertainty, SING offers high growth potential underpinned by sound economics, as evidenced by the company’s recent 190% year-over-year increase in revenue (http://ibn.fm/mHjap). As each business line is expected to remain robust in the next term, SING represents a compelling investment that rewards early investors with considerable growth potential, especially valuable in the current declining markets.

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

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

SinglePoint Inc.’s (SING) Solar Energy Subsidiary Continues Revenue Growth, Expands into New Markets as Demand Escalates

  • Direct Solar posts 2019 unaudited gross revenue numbers of $2 million
  • SING expands solar services into two new markets: Minnesota and Wisconsin
  • Business model enables expansion without significant operational start-up costs due to leverage from existing infrastructure

SinglePoint Inc. (OTCQB: SING), alongside subsidiary Direct Solar of America, is expanding its solar energy services into additional markets as the company continues its impressive revenue growth. The expansion comes as SING works to meet increased customer demand for solar solutions for homes and businesses.

SinglePoint recently announced 2019 unaudited gross revenue numbers for Direct Solar of $2 million. That total is based on numbers from May 2019, when SING acquired Direct Solar, until the end of the year and doesn’t reflect the full annualized revenue opportunity (http://ibn.fm/27S5d).

“This is an exciting time for the company as the appetite for solar and energy storage solutions continues to rise,” SING chairman and CEO Greg Lambrecht stated in a news release. In addition, Lambrecht noted, Direct Solar continues to track a minimum of $8 to $10 million in residential solar sales and is on pace to meet or exceed total targeted solar bookings.

As part of SinglePoint’s commitment to meet consumer demand, the company has expanded into Minnesota and Wisconsin. Minnesota legislators recently outlined their 2020 agenda, which included a requirement that all electrical energy generated for the state come from carbon-free sources such as wind and solar power. The move is in line with a national surge in solar power energy use.

“[Solar power] is growing at about 30% per year,” Greg Nemet, professor of public affairs at the University of Wisconsin-Madison, told Channel 3000 (http://ibn.fm/VCl9A). “There are studies that say solar could be 50 percent of our electricity within 10, 15 or 20 years… Solar is for real now and… people are installing solar because it’s the cheapest way to make electricity, even in a place like Wisconsin. I would expect to see more of that.”

The Direct Solar of America model enables the company to increase revenues by entering new markets without significant operational start-up costs due to the leverage from its existing infrastructure, said Lambrecht. “We look forward to continuing to add markets such as Wisconsin and Minnesota to fuel our growth in the residential and light commercial sector,” he said. “The solar and clean-energy solutions (both in the Americas and globally) have undergone enormous change over the last decade, and we feel the acquisition of Direct Solar of America has firmly positioned SinglePoint and its stakeholders to take advantage of the opportunities created by these changes as we move into the next 10 years that is being described as the solar-plus decade.”

SinglePoint provides investors with the opportunity to make investments across a wide range of assets that currently include but are not limited to solar energy, hemp, mobile-payment applications and more. SING is leveraging technology expertise into emerging opportunities. By building a portfolio in undervalued companies the company is able to provide a rich, diversified holding base and create branded products.

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

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

SRAX Inc. (NASDAQ: SRAX) Leverages Power of Opted-In Data by Launching BIGresearch, BIGtoken Lightning Insights Solutions

  • SRAX, via its BIGtoken platform, has developed a consumer-managed data marketplace
  • The Company also has its BIGresearch program that extracts data and insights from its BIGtoken audience
  • In addition, SRAX has its Lightning Insights program that gives businesses knowledge by returning first-rate audience insights

In today’s economy, personal data has become an incredibly valuable commodity. Companies that are able to walk the tightrope of leveraging consumer data while upholding stringent privacy expectations are hard to find. However, SRAX Inc. (NASDAQ: SRAX) is at the vanguard of developing a consumer-managed data marketplace that gives consumers control over their information. SRAX, a digital marketing and consumer data management technology enterprise, offers consumers the ability to own their own data and get paid for its release. Additionally, the Company’s technology and tools unlock data to reveal core consumers and their characteristics across marketing channels for brands in a variety of verticals. Through several new initiatives, SRAX continues to leverage consumer data to innovate in the evolving economic landscape.

One of SRAX’s latest initiatives is its web portal for the research side of BIGtoken – BIGresearch. Fundamentally, BIGresearch connects businesses to global first-party data that is uniquely consumer verified and opted in. With a nod to data’s increasing value in today’s economy, BIGresearch extracts data and insights from the Company’s BIGtoken (consumer-managed data marketplace) audience of more than 16 million registered users and enable businesses to obtain answers to any market, brand, customer, and product questions from various panels (http://ibn.fm/d8yDB). This data represents users in more than 40 countries with more than 10,000 populated segments. The panels categories include B2C Panel (Business to Consumer), B2B Panel (Business to Business), and Healthcare Ailments Panel.

Another recent initiative is the promotion of BIGtoken’s Lightning Insights solution. Lightning Insights allows brands to quickly access research and surveys regarding their brand, product, or industry. It returns valuable audience insights quickly to the brands that need them (http://ibn.fm/T3U4s).

Offering an accelerated road to data acquisition, Lightning Insights has the ability to activate research and surveys and get results in hours. Therefore, in times of uncertainty and change, brands can come to better understand how circumstances are affecting their target audience so they can act accordingly. With Lightning Insights, brands get access to SRAX’s global bank of consumers, targeted research and surveys to gain insights about their audience, and a rich data graph including location and transaction history.

Consumer data is of great value to businesses in this day of market fragmentation, and brands need to better understand their target audiences. The CDP (Consumer Data Platforms) Report 2020 notes that “Businesses are feeling the very real effects of fragmented customer data every day. IBM (http://ibn.fm/B5a57) estimates that bad data costs the US $3 trillion each year.” The report also notes that “There was a time when businesses were happy to collect simple vanity metrics like new signups, downloads, or pageviews… Nowadays, the appetite to understand the entire customer journey extends way beyond that.”

SRAX’s focus is its consumer-powered data management platform that rewards consumers while enabling businesses to obtain fully informed consumer opted-in data. Also, issues of privacy and data ownership are of increasing concern to consumers. They expect to keep data private, privacy laws on both the state and federal level are putting the value and control of data back in the hands of consumers. Social platforms such as Facebook, Twitter, Snapchat, LinkedIn and others are facing backlash from consumers over privacy concerns.

SRAX’s BIGtoken solution enables consumers to own their own data and get remunerated for the release of their data. With BIGtoken’s secure platform, consumers have control over what data is shared, who can buy it, and how it’s used (http://ibn.fm/OOVY2). Furthermore, businesses gain consumer data that is passed through numerous layers of verification for premier accuracy.

With the Company’s BIGtoken platform, consumers receive rewards (cash or gift cards) when they opt to share their data (http://ibn.fm/jY5nq). Of note to investors is that SRAX is building technology that is creating proprietary data for the Company, posing the benefit of long-term recurring revenue.

SRAX continues to focus on building the most valuable opted-in consumer data set in the world. The Company’s mission is to provide consumers choice, transparency, and compensation for their digital data. For investors, SRAX is formally launching BIGtoken into a number of global markets as it works to monetize its data sets, growing multiple recurring revenue streams through its different platforms.

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

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

InsuraGuest Technologies Inc. (TSX.V: ISGI) Set to Benefit from Vacation Rental Boom and Anticipated Hospitality Sector Recovery

  • InsuraGuest Technologies uses its insurtech software platform to supply digital insurance to multiple sectors, including its proprietary hospitality liability policies to the hotel and especially the vacation rental industry
  • InsuraGuest is seen as poised to benefit with vacation rental revenues set to top the hotel industry by 2020; Europe accounts for 60% of all vacation rental properties, which is nearly triple the size of the US market
  • Stock market posted a significant recovery during the week of March 22 with travel and hospitality companies highlighted amongst the top value picks

With over 297 million guests in 2019, the vacation rental space has benefitted from a stratospheric growth trajectory, and 2020 bookings expected to outpace hotel reservations for the first time. With close to 115,000 vacation rental companies dotted around the globe and a revenue growth rate of 6.9% over the last 12 months, InsuraGuest Technologies Inc. (TSX.V: ISGI) is a unique listed proxy for investors looking to capitalize on the anticipated recovery of the vacation and hospitality industry.

In 2019, the vacation rental industry generated revenues of $57.7 billion (http://ibn.fm/EucbN), with sales expected to rise to $97.01 billion by 2023 (http://ibn.fm/1NIOH). Increasingly, travelers are opting for vacation rentals rather than hotels during their trips, with 71% of travelers with children saying that the ability to cook their own meals was a major draw. However, despite the rising penetration rate of vacation rentals, growth rates in the United States have still lagged those seen elsewhere, with European vacation rentals and holiday lets outnumbering those in the United States by nearly 300%. Nonetheless, the striking growth rates enjoyed by the industry have not been without their challenges.

Over 70% of global vacation rental companies manage 1-19 units (http://ibn.fm/C7nbp), with their limited scale severely constraining their ability to respond to unforeseen circumstances and liabilities. It is in the context of this challenge that InsuraGuest’s unique proprietary insurance software has gained particular prominence within the sector. One of InsuraGuest Technologies focused sectors helps provide specialized hospitality liability insurance coverage to both vacation rentals and the hotel industry through their digital insurance platform. The Hospitality Liability coverages provides a layer of protection for the property which benefits the guests and their occupants, including in-room damage and lost or stolen goods as well as coverage for accidental, medical, death or dismemberment.

The Company’s digital insurance product offerings seeks to address important coverages, including the gaps suffered by conventional travel insurance policies whilst simultaneously catering to increased demand from the vacation industry for integrated support services (http://ibn.fm/UsVRD). Moreover and following the launch of its new division, InsuraGuest Risk Purchasing Group, LLC (http://ibn.fm/9lQaw), Insuraguest is well positioned as an insurtech digital insurance company, while it assist travelers in reducing the financial burden and stress arising from unforeseen events while also reducing the potential liability borne by hospitality providers, providing a differentiating selling proposition just when needed.

Prominent investors have long touted the growth of the combination of insurance, technology, and hospitality with companies such as the Fairfax Financial Holdings Ltd (OTC: FRFHF), Booking Holdings Inc (NASDAQ: BKNG), and Marriott International (NASDAQ: MAR) becoming behemoths within their respective sectors. As Pershing Square’s CEO, Bill Ackman recently stated, “we became increasingly positive on equity and credit markets last week… and began redeploying our capital in companies we love” after Pershing announced that it had invested $2.6 billion into a number of companies (http://ibn.fm/rGmSv), including Hilton Worldwide Holdings (NYSE: HLT). With the growth of insurtech in a digital insurance marketing place, and a focus on the vacation industry’s success, a direct corollary of a rebounding economy, InsuraGuest Technologies (ISGI) and its innovative digital insurance offerings, are poised to capitalize on a global economic recovery later this year.

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

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

ChineseInvestors.com Inc. (CIIX) Well Positioned for Burgeoning Industrial Hemp, CBD Oil Market

  • Industrial hemp market estimated at $4.7 billion in 2019, expected to grow 15.8% by 2027
  • Company plans to capitalize on convergence of CBD within nutrition, health products market
  • CIIX uniquely positioned to target China’s consumer base of nearly 2 billion people as CBD oil market becomes more mainstream

As the leading financial information website for Chinese-speaking investors in the United States and China, ChineseInvestors.com Inc. (OTCQB: CIIX) recognized early on the growing opportunity in the cannabis and industrial hemp industries. In a few short years the cannabis industry has grown rapidly and is expected to reach $2.1 billion in consumer sales this year. Similarly, the industrial hemp market was estimated at $4.7 billion in 2019 and is expected to grow 15.8% by 2027. Due in large part to the demand for hemp oil and fibers in various industries in emerging regions such as Asia Pacific, this market growth bodes well for CIIX.

CIIX is hard at work in becoming a recognized leader in the hemp-based cannabidiol (CBD) oil industry. CBD is the natural ingredient extracted from the hemp plant and is devoid of harmful ingredients, medically beneficial, and non-addictive.

While widely known and accepted in the United States, the benefits of CBD oil have not been widely recognized in mainland China. By establishing a three-year development plan, the company plans to capitalize on the convergence of CBD within the nutrition and health products market. According to an article published by Grand View Research (http://ibn.fm/gbPGA), “Rising awareness regarding the dietary advantages of its oil, coupled with the growing demand from the cosmetics and personal care industries is expected to drive the market growth.”

As a part of its three-year strategy, CIIX recently launched a new media campaign to highlight the benefits of CBD oil. CEO Warren Wang stated in an interview with MoneyTV that an infomercial will run in China for one month to raise awareness and explain the health benefits of CBD oil (http://ibn.fm/EZBb7).

The company has also successfully laid the groundwork to capitalize on the growing demand for CBD-based nutrition and health products. A mobile app called Da Ma Dian Ping, currently in development, will be available to review and discuss various cannabis products for Chinese-speaking customers worldwide. CIIX is uniquely positioned to target China’s consumer base of nearly 2 billion people.

CIIX owns and operates ChineseHempOil.com Inc. and is working towards benefiting from the production and sourcing of hemp from Asian nations rather than relying on U.S. and Canadian facilities for its sale of hemp-based health products in China and the U.S. (http://ibn.fm/jSoX7). China is currently the largest producer of industrial hemp products, primarily in the hemp textile industry due to well-established spinning facilities. The country has never banned its cultivation, and the supply chain is well-established, as it already sources cost-effective textile products worldwide. CIIX is working hard to make sure that CBD oil gains the same traction.

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

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

MCTC Holdings Inc. (MCTC) Introduces New EZ Hemp Product Line to Simplify Clean Infusion Techniques

  • Cannabis infusion technology innovator Cannabis Global dedicates its business production activity to developing clean infusion techniques for cannabinoid extracts, making it easier to manufacturer toxin-free food shelf items with cannabis’ benefits
  • The company’s Hemp You Can Feel (TM) branded products utilize infusion technology that Cannabis Global is also making available to other companies on a white label basis to ensure the quality of their products
  • Cannabis Global recently announced the rollout of its new EZ Hemp Infusions product line, which uses its 100 percent water-soluble technology to simplify the process of cannabinoid infusion with minuscule dosing
  • The EZ Hemp Infusions line is designed to benefit cannabis product manufacturers at both the large corporation and small store levels
  • The EZ Hemp technology underlies the infusion process for Cannabis Global’s own Hemp You Can Feel(TM) Coffee and its soon-to-be-released Hemp You Can Feel all-natural cocktail mixers

Not only has MCTC Holdings Inc. (OTC: MCTC), now doing business as Cannabis Global, been rolling out new products and filing patent claims on the technology that underlies them, but the cannabinoid and hemp extract science innovator continues producing infusion-ready powders that other companies can use on a white label basis to ensure that they can produce cannabis-improved products with a clean label.

The company recently announced that it has created a new product line called EZ Hemp Infusions, based on patented and patent-pending 100 percent water-soluble technology, which will enable the production of infused food and beverage industry products using ultra-low doses of hemp extracts and cannabinoids that could be effective in promoting relaxation.

The new hemp extract infusion technologies are designed to make hemp infusions simple for both small and large beverage manufacturers. Alcoholic beverage sales, in particular, have been in decline for years amid the rise of legalized cannabis and concerns about the negative effects of alcohol consumption (http://ibn.fm/U1m4U), and the effects of cannabis are similar enough to beer that the leafy green plant’s rising star in North American society has garnered attention from established breweries.

EZ Hemp Infusions technology is revolutionary because of its water solubility, which makes it possible for minuscule amounts of hemp extracts to be used to great effect. Manufacturers gain flexibility in dealing with product labeling because the cannabinoids test below detectable levels.

“The days of beverage manufacturers struggling with high dose hemp extracts and cannabinoids infusion technologies are over,” Cannabis Global CEO Arman Tabatabaei stated in the news release. “Manufacturers do not need to add dozens of milligrams of cannabinoids to beverage and struggle with all of the chemicals that are required to stabilize the infusions. … At a time when beverage and food companies seek to offer hemp extract beverages but are unsure of the regulatory framework, EZ Hemp Infusion is a new alternative.”

The company has filed patents on six different technologies related to cannabinoids, extracts and delivery systems. Its EZ Hemp infusion tech has already been put to work in the company’s new Hemp You Can Feel(TM) Coffee, which it rolled out in January (http://ibn.fm/9FaKU), and will play a part in the company’s soon-to-be-released Hemp You Can Feel™ all-natural cocktail mixers.

The cocktail drinks were the centerpiece of a product launch party hosted by Cannabis Global and its strategic partner, Marijuana Company of America (OTCQB: MCOA) on March 12 as a public unveiling of the product in Los Angeles with media agencies present.

“This drink is groundbreaking because of the nanotechnology that allows the body to absorb the ingredients quickly and provide a sense of well-being without the ugly ‘hang-over’ effect,” Marijuana Company of America CEO Jesus Quintero stated in a news release about the event (http://ibn.fm/pPKyr). “This innovative beverage could revolutionize the organic drink marketplace – you can have fun and simultaneously nourish your body.”

Cannabidiol (CBD) and tetrahydrocannabinol (THC) are the most popular and well-known cannabis extracts, sought after because of their reputation for possibly relieving pain and anxiety. Cannabis Global has previously announced its plans to also conduct trials on exotic and lesser-known cannabinoids like cannabinol (CBN) and tetrahydrocannabivarin (THC-V) this year to investigate their reputation for controlling insomnia and appetite.

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

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

From Our Blog

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) Secures Terms for Financing and Offtake of Gold Doré with Trafigura Canada Limited

April 30, 2026

Disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) and may include paid advertising. LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) has received terms for an up-to-C$30 million prepayment financing facility and gold doré purchase agreement from one of the world’s largest independent physical commodity trading companies that helps to secure commercial production and […]

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