Breaks Categories: Stock Spotlights

TuesdayDec 07, 2021 2:26 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Positioned Amid Substantial Rise in Returns

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, has seen a significant rise in its financial returns over the past year. “For the second quarter of fiscal 2021, the company reported Q2 revenues of $7.7 million, up 557% year-over-year, and rising by 41% quarter-on-quarter. The company also seized on the opportunity to update their corporate revenue guidance, increasing Q3 guidance to $8.3 million, which would represent at least a +7.7% quarter-on-quarter increase. SRAX also increased their full year revenue target to $32 million, up from $30…

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MondayDec 06, 2021 1:29 pm

NetworkNewsBreaks – Why Marijuana Company of America Inc. (MCOA) Is ‘One to Watch’

Marijuana Company of America (OTC: MCOA), which operates and invests in the cannabis sector directly, continues to grow its business. MCOA focuses on remaining fiscally conscious while further establishing itself in the legalized THC, hemp and CBD industries by offering unique exposure to the global cannabidiol sector. “The company intends to continue to leverage its premium brand hemp-based products with investments in and collaboration with existing and new strategic partners,” reads a recent article. “MCOA strives to develop a comprehensive selection of synergistic companies that provides consistent value to its shareholders. Furthermore, its vertically integrated business model provides companies and…

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MondayDec 06, 2021 1:05 pm

NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Aligning Long-Term Strategy to Position in Vertically Integrated Marketplace

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, is taking strategic steps to ensure its position in the growing cannabis market in California. Within the sector, sales of legal adult-use cannabis are expected to reach roughly $7.2 billion by 2024, up from 2.5 billion in 2018, according to Statista (https://nnw.fm/EPebx). “Cannabis Strategic Ventures is aligning its long-term strategy with that growth in mind, as the company remains focused on shaping the future of the cannabis industry by striving for constant evolution in products, places and people,” reads a recent article. NUGS recently signed a memorandum of…

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MondayDec 06, 2021 12:45 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Focused on Efforts to Support ESG Priorities

Energy Fuels (NYSE American: UUUU) (TSX: EFR) places a high priority in the production of raw materials that support global clean-energy efforts. This comes as the world is becoming more focused on and committed to clean energy and sustainability, with companies in every sector recognizing the importance of advancing ESG (environmental, sustainability and governance) priorities. “With that as a backdrop, Energy Fuels does much more than just produce uranium, which is the fuel for nuclear energy, producing 50% of all clean, carbon-free electricity in the U.S.,” a recent article reads. In addition to producing uranium, UUUU began operations to recover…

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MondayDec 06, 2021 11:52 am

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Offering Much-Needed Resolution to Challenges Plaguing Climate Change Talks

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) provides a viable and actionable solution for countries seeking to eliminate fossil fuels. The company also offers a much-needed resolution to challenges that are plaguing climate change talks, from the Group of 20 (“G20”) Summit to the United Nations Climate Change Conference (“COP26”). The G20 Summit, for example, was marked by a reluctance by countries in attendance to make firm commitments on issues such as net-zero carbon emissions and phasing out coal and fossil fuels. This is despite the inevitable and indisputable catastrophe linked to unchecked climate change. It emerged that fossil fuels appeared to…

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FridayDec 03, 2021 1:04 pm

NetworkNewsBreaks – Avricore Health Inc. (TSX.V: AVCR) (OTCQB: AVCRF) on Course to Making Actionable Health Information More Accessible

Avricore Health (TSX.V: AVCR) (OTCQB: AVCRF) is increasing access to the innovations of its walk-in pharmacy diagnostic technology. Recently, the company expanded from key cities in Canada’s eastern locales to sites on the western seaboard, where it hopes to diversify the profile of patients using its service. “The addition of five British Columbia outlets through Avricore’s pilot partnership with nationwide pharmaceutical chain Shoppers Drug Mart is expected to serve as an early booster stage for the company’s plans to serve 600 locations by the end of 2023,” reads a recent article. In an earlier news release, CEO Hector Bremner commented:…

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FridayDec 03, 2021 12:15 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Expanding End-Market Access in Growing California Cannabis Delivery Sector

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is focused on expanding its end-market access as a central player in the growing space. This comes as more consumers around the world become aware of the potential benefits of cannabis. As a result, the market is projected to see significant growth, with a new Quince Market Insights report estimating that the global cannabis market will grow at a CAGR of 27.0% from 2021 to 2030 (https://nnw.fm/ESCca). “The growth factors identified in the market are the proven medicinal effects and legalization of cannabis, developments in intellectual property rights of…

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ThursdayDec 02, 2021 1:30 pm

NetworkNewsBreaks – Excellon Resources Inc.’s (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Platosa Marks 4th Quarter of >21,000 Tons Mined and Milled

Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) is a diversified metals producer with a precious metals growth pipeline that includes Mexico’s Platosa Mine, Kilgore, a high-quality gold development project in Idaho, as well as and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany boasting more than 750 years of mining history. The company recently released details of its robust second-quarter production numbers generated from its Durango, Mexico-based Platosa Mine. “Excellon saw silver production of 296,013 ounces, lead production of 1.9 million pounds and zinc production of 2.5 million pounds — in aggregate totaling…

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ThursdayDec 02, 2021 12:41 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Embarking on Potentially Pivotal Study to Evaluate DehydraTECH-CBD

Lexaria Bioscience Corp. (NASDAQ: LEXX) has embarked on its most ambitious study yet, the HYPER-H21-4. The study is among several geared towards evaluating DehydraTECH(TM)-processed CBD for the potential treatment of hypertension and heart disease. The learnings from two studies, HYPER-H21-1 and HYPER-H21-2, whose results are already out, have led to the HYPER-H21-4 clinical study. Further, blood pressure findings from HYPER-H21-3 will be reportable by the end of January 2022 and will contribute to the HYPER-H21-4. The study protocols for HYPER-H21-4 are being readied for submission to the Independent Review Board (“IRB”), and approval is expected by January 2022. HYPER-H21-4, which…

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ThursdayDec 02, 2021 11:44 am

NetworkNewsBreaks – Simply Sonoma Enters Growing CBD-Infused Beverages Space

Simply Sonoma, a company committed to offering CBD products for the environmentally conscious consumer, is branching out into the beverage space with an alcohol-free, CBD wine product as well as a Pinot Noir/CBD sparkling product. A Facts and Factors report expects that the global CBD-infused beverages market will grow at a CAGR of approximately 27.5% between 2021 and 2026, driven by the rising authorization and certification for recreational cannabis in countries such as the United States and Canada (https://nnw.fm/HIiR8). Furthermore, there is a growing movement away from smoking cannabis and adopting healthier edible options because of the increasing incidence of numerous…

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