June 2022 - Page 20 of 24

MondayJun 06, 2022 2:03 pm

QualityStocksNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Takes First Regulatory Step with FDA for Development of DehydraTECH-CBD in Treating Hypertension

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced that it has successfully filed a pre-Investigational New Drug (“IND”) meeting request letter with the U.S. Food and Drug Administration (“FDA”). According to the update, the FDA has already responded to and confirmed Lexaria’s filing and has provided a target date of July 30, 2022, subject to certain conditions being met. “We are excited to take this important first regulatory step with the FDA for the development of our DehydraTECH-CBD for the treatment of hypertension,” said John Docherty, president of Lexaria. “Submission of this request letter…

MondayJun 06, 2022 1:52 pm

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announced Addition to Russell 2000(R), 3000(R) Indexes

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, will be joining the Russell 2000 and 3000® Indexes effective later this month, on June 27, 2022, after the market opens. The company was named on a preliminary list of additions posted by FTSE Russell on June 3, 2022. In addition, MULN will be automatically added to the appropriate growth and value indexes. According to the announcement, the Russell indexes are comprised of the 4,000 largest U.S. stocks, based on May 6, 2022, trading status. Membership is for one year and is reassessed every year, with new members released annually. Membership…

MondayJun 06, 2022 1:38 pm

QualityStocksNewsBreaks – Tingo Inc. (TMNA) Reports on Annual Shareholder Meeting Results

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, held its Annual Meeting of Stockholders last week. The meeting, which convened on June 2, 2022, had three agenda items, including the election of director nominees. The report noted that shareholders elected 10 director nominees for one-year terms. The nominees include Adewale Adebayo, John J. Brown, Christophe Francois Charlier, Christopher Cleverly, Gurjinder Johal, Leslie Kasumba, Dozy Mmobuosi, Onyekachi Onubogu, Dakshesh Patel and Derrick Randall. In addition, shareholders unanimously ratified the appointment of Gries & Associates LLC as Tingo’s independent accountants for the 2022 fiscal year and approved the compensation paid to the…

MondayJun 06, 2022 1:09 pm

QualityStocksNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Releases Q4, FY 2021 Financial Report; Announces Partnership with Onassis Holdings (ONSS)

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS (“SaaS”) platform, is reporting record financial numbers for fiscal year 2021 and Q4 2021. Highlights of the report show that SRA exceeded 2021 guidance of $31.5 million, totaling $28.6 million in revenue with BIGtoken, its former subsidiary, totaling $3.4 million in revenue, and record quarterly revenue of $9.6 million, a 27% increase from the company’s Q3 report and 170% over the previous year period. In addition, SRAX reported record GAAP operating income of $2 million in 2021 compared to a…

MondayJun 06, 2022 12:43 pm

QualityStocksNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Reports Adelia Has Reached Milestone Achievements

Cybin (NEO: CYBN) (NYSE American: CYBN), a biotechnology company focused on progressing psychedelic therapeutics, announced that Adelia Therapeutics Inc., its wholly owned subsidiary, has achieved significant milestones, which the company identified as Y2, Q2 (i), (vi), Y2, Q3 (ii), Year 2 Q4 (i) and Year 3 Q1 (i), (ii). These milestones are outlined in the Dec. 4, 2021, contribution agreement between Cybin and Adelia; the agreement specifies what actions are to be taken when these milestones are reached. Specifically, when these milestones are met, the agreement calls for class B common shares to be issued to Adelia shareholders; those shares are…

MondayJun 06, 2022 12:00 pm

Cryptocurrency and Blockchain Technologies Address Global Challenges, Including Environmental Crisis Through Carbon Offsets

The UN Environmental Programme considers blockchain a potential opportunity for the reduction of carbon emissions and other environmental impacts faced globally Cryptocurrency and blockchain technology has the potential to create a positive environmental impact through the use of digital ledgers and carbon credits Carbon credits are digital certificates purchased by companies and environmental projects certifying that they have reduced emissions by at least 1 tonne of CO2 or equivalent greenhouse gas in a given year Companies can be considered carbon neutral if the number of carbon credits purchased equals their carbon footprint The voluntary carbon offsets market was valued at…

MondayJun 06, 2022 11:15 am

Friendable Inc. (FDBL) Spotlights Mental Health in the Music Industry; Offers Alternative to Label Control

Studies have shown that musicians are more likely than the general population to suffer from mental health illnesses but often have limited support Even before the pandemic, a 22% increase was reported in the number of artists seeking out help for their mental health Fan Pass Live and Artist Republik offer independent artists control of their careers through production, distribution, and marketing efforts – with most of the revenue coming back to the artist 100% To close the month of May, Mental Health Awareness Month, Friendable (OTC: FDBL) highlighted some of the industry’s biggest music artists that have struggled openly…

MondayJun 06, 2022 10:30 am

SPYR Inc. (SPYR) Begins Actualizing 2022 Expansion Plans with Entry into Material Definitive Agreement to Acquire GeoTraq, Inc.

Earlier this year, SPYR announced its acquisition and expansion plans for this year that involved possible acquisitions of two companies In a recent announcement, the company reported it had entered into a material definitive agreement to acquire one of the two targets: GeoTraq, Inc. GeoTraq develops and manufactures 100% self-contained, fully-integrated, ultra-small, plug-and-play mobile IoT modules that consume low power The acquisition positions SPYR to tap into the growing cellular IoT market and cellular IoT module space Upon completing the acquisition, SPYR will have two subsidiaries In a late March announcement, technology company SPYR (OTCQB: SPYR), dba SPYR Technologies, which,…

MondayJun 06, 2022 9:45 am

Flora Growth Corp. (NASDAQ: FLGC) Bolsters its Global Expansion Strategy with Cannabis Regulatory Veteran Holly Bell’s Appointment; Hosts Regulatory Webinar

Flora Growth has appointed regulatory veteran Holly Bell as the new Vice President of Regulatory Affairs Bell will help further the company’s domestic and global expansion strategy and lead government relations in key international markets She will also oversee the regulatory strategy supporting the advancement of the company’s cultivation, distribution, and pharmaceutical programs Bell also participated in the first event in her new position- the Florida Industrial Hemp Conference and Exhibition held on May 20-22, 2022 In recent months, Flora Growth (NASDAQ: FLGC) has been on an aggressive international expansion plan that has seen exports to Mexico and Spain, with…

MondayJun 06, 2022 9:00 am

Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Expands Distribution of Baby Food Brand as Global Food Security Concerns Persist

Plant-based foods investment company Eat Well Investment Group Inc. has subsidiaries focused on organic baby foods, pea-based proteins and healthy snacks Eat Well’s baby food company, Amara Organic Foods, recently announced that it has added supermarket giant Kroger’s eCommerce platforms to existing distribution outlets such as Walmart, Amazon and H-E-B Kroger supplies over 2,750 grocery stores throughout the U.S. and has the largest supermarket chain annual sales revenue in the country Eat Well also recently announced that it has hired brokerage firm Independent Trading Group (“ITG”) to help the company increase its stock liquidity and expand its reach to potential…

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Month: June 2022