October 2022 - Page 4 of 9 - NetworkNewsWire

WednesdayOct 19, 2022 12:00 pm

REZYFi, Inc. In Great Position as Efforts to Enrich Marijuana Jurisprudence Gain Steam

REZYFi is a mortgage origination and specialized financing company with a primary focus on providing senior loans and project financings to state-licensed operators in the cannabis industry The company operates through two wholly owned subsidiaries, REZYFi Lending and ResMac REZYFi is in a position to benefit from recent efforts by the Biden administration and the U.S. Congress to reschedule and decriminalize marijuana, respectively, with the moves expected to boost the cannabis industry The SAFE Banking Act of 2021 and MORE Act have passed the U.S. House of Representatives and are awaiting debate in the Senate; the two bills, if passed…

WednesdayOct 19, 2022 11:15 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Using Novel DehydraTECH(TM) Technology to Address Unmet Antihypertension Drug Market

Research has shown that co-occurring conditions may be linked to high blood pressure, including bone aging and mental illness The antihypertension drug market is anticipated to rise due to the launch of novel pharmaceuticals and diagnostic agents Valued at US $30.2 billion in 2021, the market is expected to grow at a CAGR of 3%, resulting in a value of US $40 billion by 2031 Lexaria’s patented DehydraTECH(TM) technology offers higher bioavailability of active pharmaceutical ingredients due to, in part, bypassing first-pass-liver processing, improving the speed of onset, and brain absorption The American Heart Association (“AMA”) refers to high blood…

WednesdayOct 19, 2022 10:30 am

FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Pointing to Green Ammonia at a Price Consumers Can Afford; Bypassing Supply Chain Dependence

Russia’s invasion of Ukraine has caused significant fertilizer shortages and global food insecurity, with the region being a key exporter of wheat, barley, corn, sunflower oil, rapeseed oil, and potash FuelPositive recognizes these issues and is pushing to help solve them with its onsite, containerized green ammonia production system, offering a product that farmers can afford The company has since launched its pre-sale application process for its onsite containerized green ammonia production system capable of providing nitrogen fertilizer for farms of 2,000 acres or more, making farmers self-sustaining and self-reliant It has reported a high level of interest in this…

WednesdayOct 19, 2022 9:45 am

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Committed to Enhancing Blockchain Micropayment Transactions on Lightning Network

LQwD is leveraging the Lightning Network to facilitate worldwide micropayments of BTC with faster transaction times and lower fees The company’s PaaS also acts as a Liquidity Service Provider for merchants, enabling users of the platform to do more with the proprietary tools created and backed by the company’s BTC assets The global blockchain market was valued at US $4.67 billion in 2021 and is expected to grow from US $7.18 billion in 2022 to US $163.83 billion in 2029 Technological advances have made it possible for industry advances that were often underestimated. For example, the Voice-Over-Internet-Protocol (“VOIP”) movement was…

WednesdayOct 19, 2022 9:00 am

Flora Growth Corp. (NASDAQ: FLGC) Building Portfolio of Brands that Resonates with End Consumers as It Targets Margins and Profitability

Flora Growth is a global cannabis company building a connected, design-led collective of plant-based wellness and lifestyle brands The company’s portfolio of brands is designed to deliver the most compelling customer experiences in the world Through its M&A strategy, Flora Growth has brought on board brands like JustCBD, Vessel Brands Inc., Masaya, No Cap Hemp Co., and Mambe Flora hopes to establish meaningful connections with consumers through these brands, which will enable it to increase its margins and profitability The cannabis industry has gone global, undergoing a sea change in commercialization, normalization, and liberalization. According to a report by New…

TuesdayOct 18, 2022 1:30 pm

CubCrafters Inc. Appeals to Soaring Market Segment with Light Bush Plane Product, Pending Public Offering

The market for light and ultralight aircraft is expected to grow at a CAGR of 5.9 percent between 2022 and 2030, achieving sales of $11.9 billion Backcountry aircraft developer CubCrafters is awaiting SEC qualification for a public offering, to take advantage of rising interest in this sector of the aviation industry The Yakima, Wash.-based company has been building airplanes modeled on the classic Piper PA-18 Super Cub for over 40 years and has advanced to designing its own aircraft based on the same legacy Yakima, Wash.-based aircraft manufacturer CubCrafters has started a takeoff roll toward blue skies that offer the…

TuesdayOct 18, 2022 12:45 pm

GeoSolar Technologies Inc. Set to Benefit as Clean Energy Emerges as One of the Most Certain Economic Trends

Inflation Reduction Act flips the script of green economy; until recently economic growth took primacy over energy transition; now they go hand in hand Credit Suisse cites clean energy as safe, smart, government-backed bet for conservative investors; moreover, it is expected to perform regardless of the macro environment As a company empowering homeowners and businesses to achieve Net-Zero, GeoSolar well positioned to capitalize on this growing green momentum The days of assuming that we need economic growth before we can start tackling climate change are gone. Once an afterthought dependent on the upward trajectory of the broader economy, now climate…

TuesdayOct 18, 2022 12:00 pm

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Releases Positive Results From Silver-Tin Polymetallic Project in Bolivia

Eloro Resources is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru, and Quebec Company released positive results from 21 diamond drill holes at Iska Iska Bolivia project revealing silver, tin, zinc, lead New borehole geophysical data expanding Santa Barbara high-grade feeder zone with potential strike length of at least 2 kilometers Eloro has option to acquire 99 percent interest in the Iska Iska property, owns 82 percent interest in La Victoria Gold/Silver project in Peru Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), a publicly traded exploration and mine development company…

TuesdayOct 18, 2022 11:15 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Expands Production Facilities; Names CFO to Oversee Company’s Next Growth Stage

The Renewable Natural Gas (“RNG”) market is forecast to grow to an annual market size of $72.13 billion by 2027 EverGen purchased a 66% stake in Albert-based agri operation, GrowTEC for a gross consideration of $2.1 million EverGen are in the process of building out the required infrastructure needed to inject the company’s RNG production into the local electric grid Elsewhere, the company also announced that Sean Hennessey would take over the vacant CFO position, substituting the company’s existing interim CFO, Natasha Monk On October 9th, Chevron announced their intention to produce and market dairy biomethane as a renewable natural…

TuesdayOct 18, 2022 10:30 am

Correlate Infrastructure Partners Inc. (CIPI) Expanding as Solar Adoption is Projected to Grow by 30% in 2022

Correlate’s strategic investments in clean electrification solutions and commercial solar infrastructure have earned the company a growing customer base, and an opportunity pipeline of over $100 million in commercial projects The company recognizes the rise in EV and solar adoption and looks to tap into this growth to increase its revenues, brand equity, and market reach Todd Michaels, the company’s Founder, President, and CEO, acknowledges that “It has never been a better time for [our] business” With solar and EV adoption set to grow significantly this year, and with the company’s recent acquisition and planned acquisitions, Correlate is set to…

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Month: October 2022