May 2022 - Page 3 of 11 - NetworkNewsWire

WednesdayMay 25, 2022 9:45 am

Friendable Inc. (FDBL) Offering 360 Platform Experience for Independent Artists Looking to Kick Controlling Labels to the Curb

In addition to its flagship offering (Fan Pass Live), Friendable acquired Artist Republik and FeaturedX – creating a 360 platform offering for independent artists looking to remain in control of their music With the platform, artists can now produce, distribute, and market their music without the control of labels Artists earn revenue instead of paying the majority of it to labels and managers Friendable is using music tech to disrupt the $62 billion music label industry When the Rositano brothers (Robert and Dean) created Fan Pass Live they did it because they believed artists, musicians, and creators should have access…

WednesdayMay 25, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Making Waves in the Growing Antiviral Drug Space with its DehydraTECH Technology

Lexaria Bioscience Corp., through its patented DehydraTECH technology, is improving the way many drugs enter the bloodstream In June 2021, the company proved that an antiviral drug enhanced with its technology was effective at inhibiting the COVID-19/SARS-CoV-2 virus With the global antiviral market projected to hit $66.7 billion by 2025, Lexaria plans to capitalize on this growth by pushing its DehydraTECH technology and exploring multiple avenues of related application Today, it is estimated that infectious diseases account for a quarter to one-third of mortality globally. This has mainly been attributed to increased travel, globalization, populated cities, urbanization, and changes in…

TuesdayMay 24, 2022 12:00 pm

The Flagship CWCBExpo of the New York Cannabis Week to be Held June 2-4; Will Foster Relationships Among Hundreds of Business Leaders from Across the Cannabis Ecosystem

The Cannabis World Congress & Business Exposition (“CWCBExpo”) will be held in New York City between June 2-4, 2022 The conference will feature dozens of expert speakers with expertise in developing brands, increasing efficiencies, and investments Hundreds of exhibitors and leading cannabis businesses will showcase cutting-edge product innovations In 2021, revenue from licensed marijuana of $24.5bn – $27bn in the United States eclipsed Starbucks sales throughout North America The Cannabis World Congress & Business Exposition (“CWCBExpo”) event will be held at New York City’s Javits Convention Center, Hall 3A on June 2-4, 2022. As the flagship event during Cannabis Week, a platform…

TuesdayMay 24, 2022 11:15 am

Bit Digital Inc. (NASDAQ: BTBT) Remains Optimistic Despite Recent Cryptocurrency Price Fluctuations

The blockchain technology industry is projected to grow to $450 billion by 2028, up from $3.67 billion in 2020, representing a CAGR of 82.4% The cryptocurrency market, which was valued at $1.5 billion in 2021, is projected to grow to $2.3 billion by 2028, representing a CAGR of 6.9% Bit Digital looks to tap into these two markets through strategic investments and technology The company is confident that the value of cryptocurrency will continue to rise, despite the recent drastic price fluctuations Over the past few weeks, the price of many cryptocurrencies have reduced by more than 50%. Industry experts…

TuesdayMay 24, 2022 10:30 am

Nowigence Inc. (NOWG) SaaS Business Model Positioned in Fast-Growing, Billion-Dollar Space

Gartner predicts that SaaS spending will reach $140 billion this year SaaS spending is increasing a stunning 20% per year Nowigence’s flagship offering — Pluaris — makes it happen through this business model A Gartner report has indicated that Software-as-a-Service (“SaaS”) spending is projected to increase 40% in the coming years, an impressive future especially considering that annual spend has already reached hundreds of billions (https://nnw.fm/0G3UT). That forecast is good news for Nowigence Inc. (NOWG), a savvy company that solves many of today’s information overload problems with a proprietary AI platform that is available through the SaaS business model. “Just…

TuesdayMay 24, 2022 9:45 am

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

The Lightning Network is being incorporated by more companies, including the likes of Meta, which is currently striving to develop its own stablecoin offering but is receiving backlash from the government CoinCorner has released the first contactless payment card for the Lightning Network; the card works like Visa and other fiat currency cards but utilizes Bitcoin and the Lightning Network for fast and low fee transactions LQwD has ten nodes on the Lightning Network, each growing in BTC capacity and value – the company anticipates continuing to strive toward scalability of BTC The Bitcoin Lightning Network, a layer 2 payment…

TuesdayMay 24, 2022 9:00 am

Nicotine Surges as Smoking Sags

NetworkNewsWire Editorial Coverage: Seems like yesterday people were smoking cigarettes everywhere; many people still have memories of Grandpa puffing on his Camels. It wasn’t until 1993 that smoking was banned in hospitals and on airplanes in 1998. Despite these and many other restrictions, the global market for nicotine-based products remains incredibly robust. Total global retail sales associated with the nicotine ecosystem during 2020 reached approximately $853 billion with around 5.2 trillion retail cigarette sticks sold. Nicotine isn’t just big business, it’s huge business, and companies are constantly looking for ways to keep and grow market share. The majors are evermore…

TuesdayMay 24, 2022 9:00 am

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

FuelPositive is a technology company focused on developing clean energy solutions such as a green ammonia production system, its flagship product The company recently held its AGM, in which management discussed the milestones achieved in 2021 and the plans for 2022 and beyond According to FuelPositive, the first demonstration unit of its green ammonia production system is on track to be “farm-ready” by late summer 2022, although some issues outside its control may cause a delay in operationalization/commissioning at the farm level Management also updated shareholders on the remote monitoring capability of the system, carbon credits as a result of…

MondayMay 23, 2022 12:00 pm

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

Golden Matrix Group recently announced a tie-up with online slot-game provider, Endorphina The venture will see Golden Matrix Group amalgamate Endorphina’s 100 game portfolio on to their existing B2B gaming portfolio GMGI currently provide gaming platforms with access to upwards of 10,000 games drawn from over 25 gaming studios via their GMX-Ag system Golden Matrix Group separately announced that they were in the process of further expanding their UK-focused RKingsCompetitions’ offering, an online competition provider credited with providing GMGI with over 90,000 new gamers per quarter Online gambling is disrupting the gaming industry as we know it. The online gaming…

MondayMay 23, 2022 11:15 am

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

RNG can be key part of the solution to current energy crisis as it offers viable alternative to liquid natural gas As so-called “drop-in fuel,” RNG doesn’t require costly changes since existing infrastructure can be used, making scaled utilization of RNG quick and affordable EverGen appears well-positioned to offer solutions that can contribute to energy security amid heightened global uncertainty Although concerns about climate change have attracted a lot of attention to the Renewable Natural Gas (“RNG”) space, it is the recently heightened geopolitical risks that could incite a new wave of interest in this non-fossil-fuel alternative as the world…

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Month: May 2022