May 2022 - Page 2 of 11 - NetworkNewsWire

FridayMay 27, 2022 9:45 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Poised to Capitalize on Opportunities for Sustainable Investing Amid Growing RNG Market

Legislative changes driven by public policy commitment to slashing greenhouse emissions are driving increased demand for renewable natural gas (“RNG”) RNG generation avoids toxic emissions of methane, a greenhouse gas with a warming potential 25–34 times greater than Carbon Dioxide EverGen, Canada’s established renewable natural gas producer, appears ready to act on this rising market opportunity in Canada and beyond; responds with plans to consolidate projects, enter merger, and acquisition transactions, and grow core portfolio projects "We set up EverGen to execute on space that has a tremendous amount of tailwind”, are the words Chase Edgelow, co-founder and CEO of…

FridayMay 27, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Leveraging Growing Commercial Opportunities

Lexaria is a biotechnology company focused on licensing its proprietary DehydraTECH(TM) technology The DehydraTECH technology has been proven to increase the bioavailability, speed of onset and brain absorption of APIs, and improve customer experiences by masking unwanted tastes Lexaria has 25 patents granted worldwide and is pursuing numerous other pending patent applications The company operates several subsidiary companies to focus on different commercial opportunities Ever since acquiring its first intellectual property (“IP”) that subsequently formed the basis of its first two patent application filings in 2014, biotechnology company Lexaria Bioscience (NASDAQ: LEXX) has grown the number of patents granted and…

ThursdayMay 26, 2022 12:00 pm

The Cannabis World Congress & Business Exposition (‘CWCBExpo’) is the Pre-eminent Forum for Gaining a Foothold Within New York’s Fast-Accelerating Cannabis Sector

New York’s recreational and medical marijuana market is poised for historical growth amid rising public and political support for increased cultivation in the tri-state area. The Cannabis World Congress & Business Exposition (“CWCBExpo”), set to take place at New York City’s Javits Convention Center, Hall 3A on June 2-4, 2022, is the ideal forum for exploring industry best practices, business building and networking within this dynamic sector industry. In September 2021, adult New Yorkers could legally possess up to three ounces of cannabis for recreational use or up to 24 grams of concentrated cannabis in certain products such as oils. With the…

ThursdayMay 26, 2022 11:15 am

Golden Matrix Group Inc. (NASDAQ: GMGI) Upgrades RKings Contest Platform, Looks to Keep Compounding Profits

In December, Golden Matrix Group entered the B2C gaming market with the acquisition of the majority of U.K.-based skilled gaming company RKingsCompetitions Ltd. This month, GMGI launched an upgraded version of the platform, which gives contestants the opportunity to win cars, electronics, tools, and more The combination of GMGI’s B2B operations and new mix of B2C is lending to a surge in revenue and profits, reaching $8.9 million and $349,379, respectively in Q1. Q2 represents first full quarter of RKings in the financials Gaming developer and licensor Golden Matrix Group (NASDAQ: GMGI) is a well-known and respected business-to-business (“B2B”) brand…

ThursdayMay 26, 2022 10:30 am

Despite a Volatile Bitcoin Market, LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Scaling Lightning Network and Increasing Channel Capacities

LQwD released its platform as a service offering in November 2021, also releasing its first node on the Lightning Network – US-West Since then, nine additional nodes have been released worldwide: Ireland, India, Germany, Indonesia, Italy, Singapore, Sweeden, England, and France – with more likely to follow Despite volatility in Bitcoin, the Lightning Network continues to grow, with most recent reports indicating that the Network’s capacity is over 3,539 BTC Users can send payments quickly and with lower fees when utilizing the Lightning Network and PaaS solutions like LQwD One of the most dependable characteristics of the cryptocurrency market is…

ThursdayMay 26, 2022 9:45 am

Despite Falling Numbers, Bitcoin Investors Hopeful Crypto Will Bounce Back in the Future; Continual Changes in Technology Keep the Volatile Industry Moving Forward

Bitcoin has seen an overall decrease of 57% since November 2021 (an all-time high) and a YTD decrease of 37% Investor Mark Cuban tweeted that he believes cryptocurrency is in a lull period, much like the early internet, and expects the industry to bounce back – especially for those utilizing smart contracts for business productivity and profitability Political and economically driven, green energy initiatives for mining Bitcoin and other cryptocurrencies are rising – companies like Canaan Inc. have already begun implementing the necessary changes to strive for carbon-free emissions With blockchain fees high, Robinhood has created a new Web 3.0…

ThursdayMay 26, 2022 9:00 am

Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Efforts Boosted by New Study Indicating Effectiveness of Psychedelic Compounds

Recent study indicates psychedelic compounds show significant promise in treating a range of mental-health disorders Participants given psilocybin therapy reported a rapid, sustained improvement in their depression Cybin’s CYB003 has demonstrated less variability, faster onset, shorter duration and better brain penetration than oral psilocybin A new study sponsored by Imperial College London reports that psychedelic compounds may be effective in treating mental-health disorders (https://nnw.fm/sp0AP). The study supports efforts made by Cybin (NEO: CYBN) (NYSE American: CYBN), which is focused on progressing psychedelics to therapeutics by engineering proprietary drug-discovery platforms, innovative drug-delivery systems, novel formulation approaches and treatment regimens for mental-health disorders.…

WednesdayMay 25, 2022 12:00 pm

What Ethereum 2.0 Signifies for the Ethereum Blockchain, Investors, and Established Miners such as BIT Mining Ltd. (NYSE: BTCM)

Ethereum 2.0 is billed as the single-largest change in the history of the blockchain The upgrade, set to be rolled out in phases, will involve migration from the current proof-of-work system to the proof-of-stake protocol ETH 2.0 will also cap the supply of Ether, the network’s native token, potentially triggering price increases via scarcity BIT Mining Ltd. believes the proof-of-work and proof-of-stake systems will coexist The Ethereum blockchain has long been a victim of its own success. Having lured software developers who built decentralized applications on top of the network, Ethereum has been accounting for the vast majority of total…

WednesdayMay 25, 2022 11:15 am

Flora Growth Corp. (NASDAQ: FLGC) Increases Vessel’s Footprint in the Canadian Cannabis Marketplace; Expands Its Operational Footprint in the E.U. and UK

Flora Growth’s Vessel brand just got listed on the Ontario Cannabis Store (“OCS”) Vessel also launched its direct-to-consumer online store to take control of its customer relationship journey Flora, through this expansion, seeks to tap into the growing Canadian cannabis market, which is valued at an estimated CAD 5.9 billion in 2022 The company has also expanded its operational footprint in Europe and the U.K. in a move that furthers its international growth strategy Flora Growth (NASDAQ: FLGC) just announced that its Vessel brand just got listed on the Ontario Cannabis Store (“OCS”) in a move that significantly increases the…

WednesdayMay 25, 2022 10:30 am

Home Bistro Inc. (HBIS) Distinguishing Itself in Billion-Dollar Food-Delivery Market by Partnering with Renowned Chefs

Global meal-kit, delivery-services market size is expected to reach $64.3 billion by 2030 By collaborating with executive/celebrity chefs, Home Bistro has taken the meal-delivery market to the next level Earlier this year, Home Bistro reported record-breaking first-quarter revenue As the meal kit delivery market grows — a recent report projects that the market will reach more than $64 billion by 2030 (https://nnw.fm/jaICn) — a few companies are distinguishing themselves as leaders in the space. Home Bistro (OTC: HBIS) is one of those, as it has built a reputation for creating a leading online meal-delivery platform for celebrity chef-inspired, gourmet and lifestyle…

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Month: May 2022