Breaks Categories: Stock Spotlights

MondayMay 03, 2021 3:23 pm

NetworkNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Eyes Significant Market Opportunity

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience technology accelerator, raised eyebrows when it announced that XPhyto Laboratories Inc., its Alberta subsidiary, added mescaline production to its psychedelic medicine development programs earlier this year (https://ibn.fm/cHwJi) (https://nnw.fm/Q544U). Mescaline has begun attracting legislative attention, much like was the case with cannabis, which gained widening legalization as state after state approved varied uses of hemp and cannabis within their political boundaries. Recently, California Senator Scott Wiener introduced a bill that would decriminalize select hallucinogenics, including mescaline, in part due to research from top medical universities indicating that such substances can have significant…

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MondayMay 03, 2021 3:00 pm

NetworkNewsBreaks – Hero Technologies Inc. (HENC) Leverages Strategic Approach to Target Fast-Growing Market

Hero Technologies (OTC: HENC), a Delaware-based company founded in 2004, is building a vertically integrated business model and leverages a strategic approach as a multi-state operator across multiple sectors of the cannabis industry. These factors uniquely position HENC “to capitalize on the fast-growing market and the growing number of opportunities emerging as a result of legalization and increased popularity among consumers,” reads a recent article. The article notes that the global CBD market, which was valued at $2.8 billion in 2020, is projected to reach $13.4 billion by 2028, growing at a 21.2% CAGR, while “the global legal cannabis market…

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MondayMay 03, 2021 2:50 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) On Pace to Outperform in Commercial REE Carbonate Production

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has received the first shipments of monazite from The Chemours Company’s Offerman Mineral Sand Plant in Georgia. The delivery sets the wheels in motion for UUUU to produce mixed rare earth elements (“REE”) carbonate and subsequently sell the product to Neo Performance Materials’ REE separation plant in Europe “for production of value-added REE products available to U.S. and European manufacturers,” says a recent article. While the initial production phase of the REE value chain holds great potential for UUUU, the company is still focused on its core business: uranium. “If successful in the…

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MondayMay 03, 2021 12:53 pm

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) Eyes Rapid Progress to Clinical Studies for Psychedelic Drug Candidates

Cybin (NEO: CYBN) (OTCQB: CLXPF), a life sciences company advancing psychedelic therapeutics for various psychiatric and neurological conditions, has completed key in-vitro and in-vivo research studies. The company recently announced completion of its 20th pre-clinical study and the progression of two psychedelic drug candidates: CYB003 and CYB004. According to Cybin, the studies were completed in record time, in part due to close collaboration with the company’s partners and contractors. “Excellent teamwork and fully supportive partners have greatly facilitated the advancement of these two new therapeutic candidates with enhanced and improved properties,” said Michael Palfreyman, Cybin’s chief R&D officer, in a…

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MondayMay 03, 2021 10:54 am

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Announces Growth of Sequire Platform to Over 5 Million Retail Investors

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through its software-as-a-service (“SaaS”) platform, Sequire, today announced that Sequire has grown to over 5 million retail investors. The platform expanded from 3 million investors just months ago and continues to grow exponentially as SRAX plans to offer even more value through the development of the Sequire Investor Community. “Retail investors are more important now than ever, as they have been driving the market and companies are starting to pay attention,” said Christopher Miglino, CEO and founder of SRAX. “Data on who investors are…

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FridayApr 30, 2021 3:24 pm

NetworkNewsBreaks – Healthtech Solutions Inc. (HLTT) Enters Precision Oncology Market Through Strategic Acquisition

Healthtech Solutions (OTC: HLTT), focused on acquiring and investing in strategic cutting-edge health care technological opportunities, recently expanded its portfolio in a move that facilitated entry into the precision cancer care market. Varian Bio was added to the Healthtech Solutions’ umbrella via the parent company acquiring a wholly owned subsidiary, Healthtech Oncology Inc., which will own a 100% interest in Varian Bio. This move adds Varian Bio to HLTT’s growing portfolio to join MediScan Inc., a developer of technology that converts 2D images from portable ultrasound machines into digital 3D images, and RevHeart, a company advancing critical research into the…

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FridayApr 30, 2021 2:11 pm

NetworkNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Eyes Massive Potential Consumer Base

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leader in the health and wellness cannabidiol (“CBD”) industry, recently received conditional approval to launch its CBD products on the world’s largest cross-border online marketplace, Tmall Global. The approval effectively gives HempFusion the potential to reach more than 750 million new consumers and follows a similar move by its subsidiary, Probulin Probiotics LLC. Notably, the announcement is just one in a series of positive news about the company. “CBD.U became the first U.S.-based CBD and wellness products company to list directly on the Toronto Stock Exchange (‘TSX’) following the completion of…

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FridayApr 30, 2021 1:10 pm

NetworkNewsBreaks – FingerMotion Inc. (FNGR) Looking to be ‘Most Disruptive Technology in Insurance Today’

FingerMotion (OTCQX: FNGR) has set sights on offering big data insights to other insurance companies in China, following a similar partnership with Pacific Life Re-insurance announced in January. The collaboration, which put FNGR on track to monetize its big data asset, Sapientus, effectively ushered the company into the insuratech industry. With the insurance industry in China expected to grow in the next decade to become the largest suchlike market in the world, FNGR has positioned itself to offer solutions and benefit as a result. A recent article quotes CEO Michael Shen as saying, “We believe other re-insurance companies will look…

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FridayApr 30, 2021 12:33 pm

NetworkNewsBreaks – Perpetual Industries Inc. (PRPI) to Combine Expertise to Form Robust, Comprehensive Service

Perpetual Industries (OTC: PRPI) recently completed two key acquisitions: Worldwide Group LLC, a U.S.-based boutique auction company, and AutoGrafic Software Systems, a software-as-a-service (“SaaS”) company. The acquisitions align with PRPI’s mission to bring value-added technologies to the market. Worldwide is focused on selling and acquiring classic vintage automobiles at auctions globally, while AutoGrafic utilizes advanced technology to host various aspects for automotive promotion and preservation. “In conjunction with the acquisitions, Perpetual announced plans to create a new division of the company, bringing the combined expertise of all its resources together in a robust, comprehensive service,” reads a recent article. “Future…

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FridayApr 30, 2021 12:28 pm

NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Cultivating Opportunity in Pristine Soil at Sol Valley Ranch

Green Hygienics Holdings (OTCQB: GRYN) is positioned well as big tobacco companies are making strategic moves into the fast-growing hemp industry. As innovators explore hemp-based alternatives to tobacco, large supplies of quality industrial hemp are required, more specifically quality hemp biomass and flower, from which to derive targeted CBD products. Among the concerns for big tobacco companies interested in the hemp space is the quality of soil. Due to poor farming practices in the past, soil contamination is considered an issue, primarily in Europe and the Eastern parts of the United States. Green Hygienics addresses this problem, as detailed in…

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