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Home » Archives for May 2022 » Page 11

Month: May 2022

TuesdayMay 03, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Provides Update on its Patented DehydraTECH(TM) Technology, Including the Approval of New Patent

Lexaria received its 25th patent – and the first patent for the use of DehydraTECH technology in the enhanced delivery of antiviral drugs The company is seeking IND approval from the FDA and has commenced its human HYPER-H21-4 study for hypertension with DehydraTECH-CBD, with results expected in Q3 2022 Lexaria is also commencing its human oral nicotine study, NIC-H22-1 to compare Lexaria's DehydraTECH-nicotine pouch performance to that of existing leading brands currently sold in the US such as ON! and Zyn Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, has announced some positive news that further promotes…

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MondayMay 02, 2022 9:30 am

Golden Matrix Group Inc. (NASDAQ: GMGI) Is ‘One to Watch’

Golden Matrix’s common stock began trading on the Nasdaq on March 17, 2022 The company achieved record revenues of $8.88 million in the quarter ended January 31, 2022, marking a year-over-year increase of 355% Golden Matrix reported net income for the quarter ended January 31, 2022, of $349,379, versus $52,158 one year earlier Golden Matrix has delivered exceptional growth over the years, with 14 consecutive profitable and cash flow positive quarters Golden Matrix has a solid balance sheet and intends to make accretive and synergistic acquisitions in the coming months, with all targeted acquisitions to be profitable and cash positive…

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MondayMay 02, 2022 9:30 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Strengthens Financial Profile with Debt Reduction, Adjustments to Revenue Strategy

Red White & Bloom Brands is a multi-state cannabis operator based in Canada and focused on developing revenue opportunities in strong U.S. cannabis markets such as Michigan, Florida and California The company recently announced it has eliminated $115 million in debt liabilities as part of its efforts to streamline its financial operations during a period when many companies are struggling with the effects of the COVID pandemic Red White & Bloom’s debt reduction includes cutting over $22 million in annual expenses The company has solidified its foothold in Michigan with acquisitions that have allowed it to become vertically integrated and…

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MondayMay 02, 2022 9:00 am

SPYR Inc. (SPYR) Eyeing the MVNO Business and Exploring AI Applications for IoT Systems

SPYR, through its wholly-owned subsidiary, Applied Magix, will start exploring AI applications for inclusion in its products The company is also considering venturing into the MVNO business; an industry projected to be valued at $91.63 billion by 2026 This is in a move to grow the company’s product and service offering while also creating value for its shareholders Pursuing this route will also present SPYR with an opportunity to promote its brand further, grow its brand equity and overall brand recognition SPYR (OTCQB: SPYR) has, since its inception, not shied away from pushing the envelope in terms of innovation and…

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MondayMay 02, 2022 9:00 am

Knightscope, Inc. (NASDAQ: KSCP) Helping Companies Secure Critical Infrastructure, Reduce Security Threats

Knightscope develops Autonomous Security Robots (“ASRs”) that combine artificial intelligence (“AI”), robotics, and self-driving technology The company’s ASRs are used by clients operating in various industries, including critical infrastructure sectors such as public utilities, food and healthcare The robots have helped reduce crime/security threats in different neighborhoods, cities, and commercial facilities Every November, the Cybersecurity and Infrastructure Security Agency (“CISA”) celebrates the Infrastructure Security Month (“ISM”). Geared toward educating and engaging the different levels of government, the American public, and infrastructure owners and operators, the ISM touches on the importance of critical infrastructure to the country’s well-being as well as…

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MondayMay 02, 2022 9:00 am

Correlate Infrastructure Partners Inc. (CIPI) Puts Profits in Positive Territory, Discusses ‘Very Aggressive’ Plan For Clean Energy Solutions Projects

Commercial clean energy solutions provider Correlate Infrastructure Partners recently released its annual financial report, showing profits rising into positive territory on the back of key acquisitions last year Correlate’s development and finance platform services are designed to help buildings reduce their carbon footprint through greater efficiency and access to locally sited solar, energy storage and EV infrastructure In a new podcast interview, the company’s CEO said Correlate anticipates acquisitions this summer that will expand its footprint from Hawaii to Boston The company expects revenue growth this year in tandem with the expansion and with securing repeat business Concerns about climate…

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