NewsRoom Articles - Page 2 of 869

TuesdayDec 01, 2020 11:19 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Releases Q3 Financial Results, Corporate Highlights

Financial report notes working capital of $44.7 million at end of Q3 2020, increase of 17% over Q2 2020 Key quarter highlights include becoming debt-free, progress on rare earth elements (“REEs”) CEO reports company making “significant strides in the last quarter on our uranium, rare earths and other initiatives” Energy Fuels (NYSE American: UUUU) (TSX: EFR) has released its financial results for the quarter ended Sept. 30, 2020, as well as a corporate update (https://nnw.fm/elLXK). In addition to being debt free, the report noted that the company had working capital of $44.7 million at the end of Q3 2020, which is an increase of 17% over…

MondayNov 30, 2020 3:49 pm

Josemaria Resources Inc. (TSX: JOSE) (OTCQB: JOSMF) Focused on Readily Developable Copper-Gold Project as Demand Rises

Demand for copper is rising; deficit forecast in coming years Copper deficit heightens need for projects that can produce the high-demand metal Feasibility study concluded that Josemaria’s average annual metal production of 136,000 tonnes of copper (“Cu”), 231,000 ounces of gold (“AU”), 1,164, 000 ounces of silver (“Ag”) Strategic plan demonstrates commercial production at project could be achieved by early 2026 The looming copper deficit will likely worsen in the coming years, according to an S&P Global Market Intelligence report (https://nnw.fm/ADKEV). That news is capturing the attention of companies such as Josemaria Resources (TSX: JOSE) (OTCQB: JOSMF), a Canadian natural…

MondayNov 30, 2020 2:48 pm

VistaGen Therapeutics Inc. (NASDAQ: VTGN) Announces Positive Preclinical Data for Potential Anxiety Treatment

VTGN CEO “even more excited about PH94B's potential to change lives without the risky side effects and safety concerns of benzos” Study results suggest PH94B's mechanism of action may not have benzodiazepine-like side effects, such as sedation, cognitive impairment or abuse liability Company making significant progress in preparing PH94B for launch of pivotal Phase 3 study for acute treatment of anxiety in adults with social anxiety disorder VistaGen Therapeutics (NASDAQ: VTGN) has reported new preclinical findings differentiating the mechanism of action of PH94B from that of benzodiazepines (https://nnw.fm/1rXwV). PH94B is an intranasal neuroactive steroid VistaGen is preparing for Phase 3 development…

MondayNov 30, 2020 2:26 pm

As World Transitions away from Gas Guzzlers, Net Element Inc. (NASDAQ: NETE) Entering EV Market Through Mullen Technologies Merger

NETE plans to divest payments processing model to enter EV industry through proposed merger with privately-held Mullen Technologies Inc. Merger allows Mullen stakeholders to obtain majority of stock while accelerating process of taking company public, funding US expansion Mullen accepting reservations for Dragonfly K50 sports car and MX-05 SUV, production for both projected to start in 2021 California-based Mullen subsidiaries include Mullen Energy, Mullen Auto Sales, Mullen Finance Corp., CarHub digital marketplace Future generations may look back and wonder how humanity withstood the exhaust fumes, noise and environmental degradation created by fossil fuel engines. The downsides of combustible engines, rising…

MondayNov 30, 2020 2:07 pm

Amid Pandemic’s Battering on Hemp / CBD Markets, HempFusion Wellness Inc. Sees Brighter Future

Denver-based HempFusion Wellness, Inc. has developed 46 products and 8 OTC FDA listed topicals that draw on the versatile compounds in hemp for promoting effective sleep, stress reduction, pain relief, skin care and “smooth energy” pick-me-ups Despite a downturn in the hemp and CBD product industries brought on by the worldwide COVID-19 pandemic, HempFusion is anticipating a market rebound amid positive developments in legal, political and medical research arenas Market analysts at Brightfield Group anticipate improvement in the CBD sector to $12.4 billion by 2023 and $16.8 billion by 2025 HempFusion has filed a preliminary prospectus for a planned initial…

MondayNov 30, 2020 1:22 pm

Emerging Functional Mushroom Market Ripe with Potential for Rritual Superfoods’ New Product Line

Rritual Superfoods, Inc. is positioning itself to supply the emerging demand for high-potential mushrooms dietary elixirs as wellness products that combat stress, enhance immunity against disease and increase mental clarity Market analysts predict the overall functional foods industry will reach revenues of $268 billion by 2027, and that the functional mushroom segment will grow at a CAGR of 8.04 percent by 2024 as part of the trend Rritual was recently certified by the USDA as an organic product, providing third-party validation Rritual’s quality protocols Rritual’s initial product launch includes elixirs containing mushroom and adaptogenic herb blends such as Chaga-Eleuthero, Lion’s…

WednesdayNov 25, 2020 1:00 pm

As Global Cannabis Sales Grow 38% in 2020, Gage Cannabis Co. Expands to Offer Recreational Marijuana at Flagship Location

Research suggests cannabis sales increased 38% from 2019 to 2020 Gage expanding into fast-growing Michigan market, now offering recreational marijuana at flagship Ferndale location Adult-use cannabis revenues in Michigan projected at $1 billion per year for 2021, surpassing $1.5 billion by 2023 Quarterly sales nearly doubled to $11.9 million in Q2 2020 from $5.8 million in Q1, expected to surpass $13.1 million in Q3 Recent research published by BDSA (formerly BDS Analytics) suggests that the global cannabis industry continues to grow despite COVID-19, with forecasts predicting that 2020 sales will reach $19.7 billion - an increase of 38% from 2019…

WednesdayNov 25, 2020 12:30 pm

Rritual Superfoods’ Extensive Distribution Network Set to Take Functional Mushrooms Mainstream

Functional Mushrooms Market Set for CAGR of 5.6% Expected to Reach $24.85 billion by 2026 Rritual Superfoods Has Launched Three Mushroom-based Products Products Boost Immune System, Brain Power and Relieve Stress Company’s Extensive Distribution Network Set to Accelerate Sales Consumers today shop for food with a number of considerations in mind, including food safety and the health benefits of their selected grocery items. This has resulted in increased demand for functional foods, with one sector — functional mushrooms — projected to increase at a CAGR of 5.6% during 2021–2026. This would put the market for functional mushrooms at $24.85 billion…

WednesdayNov 25, 2020 12:00 pm

Knightscope, Inc. Reimagines Public Safety Across the U.S. Through Autonomous Security Capabilities

Violent crimes in the U.S. occur every 24.6 seconds, and property crime occurs every 4.1 seconds There are over 320 million people in the U.S., with only two million+ law enforcement and security professionals to protect them Knightscope’s autonomous security robots are currently in operation across five U.S. time zones, with over one million hours in the field The K1 is an award-winning ASR whose achievements were recognized with the 2018 Security Today New Product of the Year Knightscope, a leader in the development of autonomous security capabilities, is reimagining public safety to make the United States the safest country…

WednesdayNov 25, 2020 11:30 am

Pure Extracts Technologies Corp. (CSE: PULL) Strengthens Oil Extraction Business, Ventures into Functional Mushroom Space

Pure Extracts carried out its initial oil extraction, distillation trials in early November, plans to commence extraction tolling services in December Once Sales License is obtained from Health Canada, the Company plans to begin marketing its own ‘Pure Pulls’ branded cannabis derived product range Pure Extracts will simultaneously seek to market Company’s white-labelling prowess, offering oil extraction capabilities to Licensed Producers currently operating in cannabis space Company also announced its interest in joining functional mushroom sector, with its first products set to be launched in 1Q2021 Separately, Pure Extracts named Dwight Duncan to its Board of Directors Pure Extracts Technologies…

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