The QualityStocks Daily Monday, April 4th, 2022

Today's Top 3 Investment Newsletters

InvestorPlace(ATER) $3.4200 +46.78%

QualityStocks(PLX) $1.4900 +41.90%

The Street(TWTR) $49.9700 +27.12%

The QualityStocks Daily Stock List

Protalix BioTherapeutics (PLX)

Greenbackers, StockMarketWatch, Zacks, MarketDNA, MarketBeat, BUYINS.NET, The Street, QualityStocks, StreetInsider, Wealth Insider Alert, Barchart, Momentum Trades, Investopedia, Insider Wealth Alert, Hit and Run Candle Sticks, Investors Alley, PoliticsAndMyPortfolio.com, SmarTrend Newsletters, Stock Market Watch, Streetwise Reports, The Online Investor, TopPennyStockMovers, TradersPro, Trading Markets, Wall Street Mover and ShazamStocks reported earlier on Protalix BioTherapeutics (PLX), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Protalix BioTherapeutics Inc. (NYSE American: PLX) (TLV: PLX) (FRA: PBDA) is a biopharmaceutical firm that is engaged in developing and commercializing recombinant therapeutic proteins.

The firm has its headquarters in Karmiel, Israel and was incorporated in 1993 by Yoseph Shaaltiel. It operates as part of the pharmaceutical and medicine manufacturing industry, in the biotech and pharma sub-industry, under the health care sector.

The company develops the proteins based on its ProCellEx plant cell-based protein expression system. It is party to partnerships and agreements with Chiesi Farmaceutici, Fiocruz and Pfizer. The company serves consumers in Brazil and the rest of Latin America, Israel and internationally.

The enterprise’s product pipeline is made up of a plant cell-expressed PEGylated recombinant human deoxyribonuclease I candidate dubbed PRX-119, developed to treat NETs-related ailments; a plant cell-expressed recombinant PECylated Uricase dubbed PRX-115, developed to treat gout; a plant cell recombinant form of human DNase I known as PRX-110, which has concluded phase 2a clinical trials evaluating its efficacy in treating cystic fibrosis. The enterprise also develops a therapeutic protein candidate dubbed PRX-102, which is undergoing a phase 3 clinical trial testing its effectiveness in treating Fabry diseases. In addition to this, it is involved in the provision and sale of Elelyso (taliglucerase-alfa) in Brazil, which has been developed to treat Gaucher disease.

The company recently released its second quarter financial results, with its CEO noting that they were focused on strengthening their balance sheet by entering into definitive agreements. This may bring in more investors into the firm, which would be good for the company’s growth.

Protalix BioTherapeutics (PLX), closed Monday’s trading session at $1.49, up 41.9048%, on 191,288,979 volume. The average volume for the last 3 months is 189.006M and the stock's 52-week low/high is $0.70/$6.64.

VirnetX Holding Corporation (VHC)

All about trends, MarketClub Analysis, StockMarketWatch, SmallCap Network, MarketBeat, INO.com Market Report, Jason Bond, StreetInsider, Hit and Run Candle Sticks, The Street, TradingMarkets, QualityStocks, SmarTrend Newsletters, Schaeffer's, Street Insider, Wall Street Corner, BUYINS.NET, Equity Observer, Greenbackers, SmallCapVoice, PowerRatings Stocks, Money Morning, AlphaPennyStock, AwesomeStocks, Barchart, Value Penny Stocks, TraderPower, ProfitableTrading, Rick Saddler, StockOodles, SmallCapNetwork, Stock Twiter, Stock Beast, SuperStockHunter, Stocks That Move, Taipan Daily, Cabot Wealth, CustomerService, Energy and Capital, Equities.com, FNNO Newsletters, GreatStockPix, Stock Specialists, Total Wealth, Hot Stock Profits, Timothy Sykes, Investing Futures, Investment House, Uncommon Wisdom, Market Wrap Daily, Short Term Wealth, The Stock Detective, StreetAuthority Daily, PoliticsAndMyPortfolio, SmallCapInvestor.com, TopStockAnalysts, Wall Street Resources, Top Stock Picks and Stock Market Authority reported earlier on VirnetX Holding Corporation (VHC), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

VirnetX Holding Corporation (NYSE: VHC) (FRA: VN2) is an internet security firm that is focused on the development of software and technology solutions for securing real-time communication over the internet.

The firm has its headquarters in Zephyr Cove, Nevada and was incorporated in 2005, on August 5th. It operates as part of the software and technology industry, under the technology sector. The firm serves consumers around the globe, with a focus on the United States. It has three companies in its corporate family.

The company develops software and technology solutions which have been designed to secure over-the-internet communications, as well as allow individuals and organizations to establish communities of secure, registered users and transmit information between different operating systems, networks and devices.

The enterprise provides a portfolio of licenses and services, which include Gabriel Connection Technology software development kit, which includes testing and quality assurance tools, documentation required for technology implementation, sample code and object libraries; VirnetX technology licensing, secure domain name master connection and registry, relay server software, connection server software, registrar server software, and technical support services. It also offers the Gabriel Collaboration Suite that allows secure and seamless cross-platform communications between user devices. The enterprise serves system integrators, domain infrastructure and communication services providers, original equipment manufacturers of net books, laptops, e-Readers, tablets, smartphones, servers, chips and other devices in the fixed-mobile convergence, mobility, IP-telephone and unified communications markets.

The company’s technology is poised for explosive growth in the Asian markets, Japan in particular. It is focused on extending its consumer reach into new regions and establishing relationships with major players in Japan, which will be good for its growth as well as investments.

VirnetX Holding Corporation (VHC), closed Monday’s trading session at $2.18, up 31.3253%, on 1,822,500 volume. The average volume for the last 3 months is 1.764M and the stock's 52-week low/high is $1.58/$5.72.

Aterian Inc. (ATER)

QualityStocks, Tip.us, Stocks to Buy Now, SmallCapRelations, SeriousTraders, NetworkNewsWire, InvestorBrandNetwork, StocksEarning, Schaeffer's, Trades Of The Day, Kiplinger Today, Daily Trade Alert, MissionIR and InvestorPlace reported earlier on Aterian Inc. (ATER), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Aterian Inc. (NASDAQ: ATER) (BMV: ATER) is a technology-enabled consumer products firm that operates a consumer product platform.

The firm has its headquarters in New York, the United States and was incorporated in 2014 by Yaniv Sarig Zion. Prior to its name change in April 2021, the firm was known as Mohawk Group Holdings Inc. The firm serves consumers around the globe, with a primary focus on North America.

The company is focused on building, acquiring and partnering with e-commerce brands. Its AIMEE cloud-based platform (artificial intelligence marketplace e-commerce engine) uses natural language processing, machine learning and data analytics to design, develop, market and sell different products on various online marketplaces, including Walmart, Shopify and Amazon. The company generates the majority of its revenues from online sales of different consumer products.

The enterprise’s platform provides health and beauty products; home and kitchen appliances; kitchenware, heating and cooling products; and air quality appliances like air conditioners, humidifiers and dehumidifiers. It offers its products under the Healing Solutions, Spiralizer, Pohl and Schmitt, Pursteam, Mueller, Australia, RIF6, Xtava, Vremi, hOmeLabs, Holonix and Truweo brands.Truweo is an e-commerce brand in the personal wellness and health category. The enterprise is also involved in the sale of essential oils.

The firm is planning to enter into a partnership agreement with Recurrent Ventures Inc., for strategic marketing efforts. This move will drive more sales for Aterian’s products through Recurrent Venture’s portfolio of online editorial publications and create good opportunities for the growth of both companies, which may bring in more investments into both firms.

Aterian Inc. (ATER), closed Monday’s trading session at $3.42, up 46.7811%, on 145,419,706 volume. The average volume for the last 3 months is 145.42M and the stock's 52-week low/high is $2.10/$33.97.

Kona Gold Beverage (KGKG)

We reported earlier on Kona Gold Beverage (KGKG), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Kona Gold Beverage Inc. (OTCQB: KGKG) is a lifestyle hemp firm that is focused on the development and sale of CBD (cannabidiol) and hemp products in the functional fitness and beverage markets.

The firm has its headquarters in Melbourne, Florida and was incorporated in March 1997. Prior to its name change, the firm was known as Kona Gold Solutions Inc. It operates through the drug manufacturers-specialty and generic industry, under the healthcare sector. The firm mainly serves consumers in the United States.

The enterprise operates through the Beverage and Distribution segments. The former segment includes different types of beverage products, including CBD-infused high-alkaline water, CBD-infused energy water, hemp-infused energy drinks and lemon-flavored beverages, as well as merchandise and apparel with the Kona Gold logo, which includes towels, shirts, hats and tanks. This segment includes all of its Ooh La Lemin, HighDrate and Kona operations. On the other hand, the latter segment is involved in the distribution of premium beverages and snacks in key markets. The distribution segment comprises of all of the enterprise’s operations. The enterprise also distributes CBD-infused jellybeans, healthy aloe juice drinks, fruit-flavored sodas, energy drinks, beverages for children and alkaline waters. It sells its products primarily to beverage resellers and distributors, smoke shops, retail grocery shops, specialty stores, vape shops, convenience stores, merchandisers and wholesalers.

The company’s lemonade drinks will soon begin to be sold at Walmart, according to a recent announcement. This move will help take its brand portfolio national, in addition to bringing in significant revenues and extending its consumer reach.

Kona Gold Beverage (KGKG), closed Monday’s trading session at $0.0113, up 32.9412%, on 73,680,666 volume. The average volume for the last 3 months is 73.681M and the stock's 52-week low/high is $0.0033/$0.0349.

Syros Pharmaceuticals (SYRS)

MarketBeat, StreetInsider, StockMarketWatch, StreetAuthority Daily, Schaeffer's, InvestorPlace, Wealth Insider Alert, TradersPro, Streetwise Reports, QualityStocks, MarketClub Analysis, Daily Trade Alert, BUYINS.NET and Barchart reported earlier on Syros Pharmaceuticals (SYRS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Syros Pharmaceuticals Inc. (NASDAQ: SYRS) (OTC: SYRSW) (LON: 0LC7) (FRA: 0S9) is a biopharmaceutical firm that is engaged in developing of treatments for monogenic illnesses and cancer.

The firm has its headquarters in Cambridge, Massachusetts and was incorporated in 2011, on November 9th by James E. Bradner, Nathanael S. Gray and Richard A. Young. Prior to its name change in August 2012, the firm was known as LS22 Inc. It operates as part of the pharmaceutical and medicine manufacturing industry, under the healthcare sector. The firm has three companies in its corporate family and serves consumers around the globe.

The company is party to a license agreement with TMRC Co. Ltd, to develop and commercialize tamibarotene. It is also party to a research collaboration and option agreement with Incyte Corp, which involves the identification of therapeutic targets.

The enterprise is building a pipeline of gene control medicines. Its product pipeline is comprised of a cyclin-dependent kinase 7 inhibitor dubbed SY-5609, which is undergoing a phase I clinical trial evaluating its effectiveness in treating select advanced solid tumors; and a new oral arsenic trioxide form known as SY-2101, for the treatment of patients with acute promyelocytic leukemia. It also develops a selective retinoic acid receptor alpha agonist, Tamibarotene, which is in separate phase II and III trials testing its efficacy in treating acute myeloid leukemia and myelodysplastic syndrome.

The company, which recently appointed key members in its leadership team, remains focused on advancing toward becoming a fully integrated biopharmaceutical firm, which will benefit patients with various indications and boost the company’s growth significantly.

Syros Pharmaceuticals (SYRS), closed Monday’s trading session at $1.19, up 7.2072%, on 1,769,539 volume. The average volume for the last 3 months is 1.77M and the stock's 52-week low/high is $1.00/$7.766.

Pardes Biosciences (PRDS)

MarketBeat reported earlier on Pardes Biosciences (PRDS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Pardes Biosciences Inc. (NASDAQ: PRDS) is a clinical stage biopharmaceutical firm that is focused on the discovery, development and commercialization of new therapeutics to improve the lives of patients who suffer from life-threatening diseases.

The firm has its headquarters in Carlsbad, California and was incorporated in 2020, on February 27th by Lee D. Arnold and Uri A. Lopatin. Prior to its name change, the firm was known as FS Development Corp II. It operates as part of the biotechnology industry, under the healthcare sector. The firm serves consumers in the United States.

The company is focused on innovating the biopharma business model and was established to solve pandemic-sized issues and help lead the way to a post-pandemic future. It makes use of reversible-covalent chemistry in the discovery and development of new oral drug candidates.

The enterprise’s low nanomolar potency product candidates include an oral antiviral and direct-acting drug formulation dubbed PBI-0451, which is in its clinical development stage and has been developed for the treatment and prevention of severe acute respiratory syndrome coronavirus infections and associated illnesses. This formulation works by inhibiting a viral protein, the primary coronaviral cysteine protease, which is crucial for coronavirus replication.

The firm, which recently reported its latest financial results, is focused on advancing its PBI-0451 formulation as a stand-alone oral antiviral drug candidate for the prevention and treatment of the coronavirus. The success and approval of this formulation will not only bring in more revenues as well as investors into the firm but also bolster its growth.

Pardes Biosciences (PRDS), closed Monday’s trading session at $7.79, up 10.9687%, on 332,751 volume. The average volume for the last 3 months is 332,653 and the stock's 52-week low/high is $5.54/$17.76.

Hillstream Biopharma (HILS)

We reported earlier on Hillstream Biopharma (HILS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Hillstream Biopharma Inc. (NASDAQ: HILS) is a pre-clinical biotechnology firm that is focused on the development of new therapeutic candidates which target ferroptosis, to treat treatment resistant cancers. Ferroptosis is a type of programmed cell death that depends on iron and is said to play a key role in tumor progression.

The firm has its headquarters in Bridgewater, New Jersey and was incorporated in 2017, on March 28th. It operates as part of the pharmaceutical and medicine manufacturing industry, under the healthcare sector. The firm serves consumers in the United States.

The company uses itsTrident Artificial Intelligence precision medicine platform to identify biomarkers in its clinical programs which target a particular patient segment that will most likely benefit from its formulations or whose unmet needs will be addressed.

The enterprise’s product candidates include an immunotherapeutic agent dubbed HSB-114, which uses its proprietary tumor targeting platform, Quatramer, to deliver tumor necrosis factor-alpha gene into cancer cells; a cancer drug target known as c-myc; an iron mediated cell death inducer dubbed HSB-1216, which targets solid tumors; and an iron mediated cell death inducer with an anthracycline analogue known as HSB-888, for the treatment of solid tumors. It also develops a targeted bi-functional inhibitory compound with single digit nanomolars dubbed HSB-510.

The company’s HSB-1216 formulation was recently awarded Orphan Drug Designation by the FDA for its use in treating Uveal melanoma. This move diversifies the company’s lead program and expands its oncology efforts significantly, which will eventually benefit patients suffering from these serious and debilitating ailments.

Hillstream Biopharma (HILS), closed Monday’s trading session at $1.44, off by 4%, on 254,117 volume. The average volume for the last 3 months is 252,615 and the stock's 52-week low/high is $1.1501/$4.24.

BioElectronics (BIEL)

QualityStocks, PennyStocks24, Top Stock Picks, HotOTC, SmallCapVoice, OTCPicks, StockEgg, CoolPennyStocks, Greenbackers, PennyOmega, SuperNova Elite, Stockpalooza, AllPennyStocks, DrStockPick, Penny Invest, OTPicks, MadPennyStocks, PennyTrader Publisher, FeedBlitz, Epic Stock Picks, DSR News, BullRally, Stock Rich, Penny Stock Hub, HotShotStocks, TheNextBigTrade, BestDamnPennyStocks, Mina Mar Marketing Group, StockRich, OTCReporter, Stocks Gone Wild, PennyTrader, Stock Fortune Teller, Standout Stocks, Stock Traders Chat, SmallCap Network, Round Up the Bulls, Penny Performers, PennyTrader.com, PennyInvest, PennyStockVille, Wallstreet Profiler, Pennybuster, Penny Stock Professor, Stock Stars, Penny Stock Bets and StockHotTips reported earlier on BioElectronics (BIEL), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

BioElectronics Corp. (OTC: BIEL) is an electroceutical firm that is focused on developing and selling wearable, neuromodulation devices that improve quality of life and mitigate neurological illnesses.

The firm has its headquarters in Frederick, Maryland and was incorporated in 2000, on April 10th by Andrew J. Whelan. It operates as part of the medical equipment and supplies manufacturing industry, under the healthcare sector. The firm serves consumers around the globe.

The enterprise develops products which are non-invasive, disposable and portable medical devices that decrease swelling, speed up healing and alleviate the pain linked to trauma to cells. They include a drug-free therapy dubbed HealFast, for dogs, cats and horses, which decreases pain and swelling and heals incisions, sores and tendon and muscle injuries. It also develops a medical device dubbed RecoveryRx which offers pain management therapy for medical professionals; and a musculoskeletal pain relief formulation known as ActiPatch, which offers advanced long-lasting pain relief and works for sprains, fibromyalgia, sciatica, arthritis, muscle and joint pain and knee pain. In addition to this, the enterprise develops a drug-free medical device which uses electro-magnetic pulse therapy dubbed Allay, for the reduction of discomfort and menstrual pain; and a heel pain solution known as Smart Insole. It sells its products to clinics, hospitals, wholesale distributors and consumers.

The company’s RecoveryRx product recently received approval for distribution by Mexico’s FDA. This will not only afford patients in need of this pain therapy device access to it but also extend the company’s consumer reach and bring in additional revenues as well, which will be good for its overall growth.

BioElectronics (BIEL), closed Monday’s trading session at $0.00105, off by 4.5455%, on 8,913,623 volume. The average volume for the last 3 months is 8.914M and the stock's 52-week low/high is $0.0009/$0.004.

AEye Inc. (LIDR)

MarketBeat reported earlier on AEye Inc. (LIDR), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

AEye, Inc. (NASDAQ: LIDR) is a firm engaged in the provision of lidar systems for robotic vision applications, advanced driver-assistance systems and vehicle autonomy.

The firm has its headquarters in Dublin, California and was incorporated in 2013 by Jordan Greene, Barry Behnken, RansonWuller and Luis Dussan. Prior to its name change in March 2016, the firm was known as US LADAR Inc. It operates as part of the computer systems design and related services industry, under the technology sector. The firm serves consumers around the globe, with a primary focus on Asia, Europe and the United States.

The company develops software and algorithms which act as the visual cortex and eyes of autonomous vehicles. It specializes in 3D mapping, sensor fusion, autonomous vehicles, robotic vision, autonomous driving and computer vision.

The enterprise designs a robotic solution of artificial perception dubbed iDAR, which fuses AI, computer vision and LiDAR for motion planning and perception. Its products include a software-configurable lidar solution dubbed 4Sight M, for the industrial and mobility markets, including Predictive 4Sight software, Responsive 4Sight, Triggered 4Sight and 4Sight at Design levels. It also develops a software-configurable lidar solution known as 4Sight A, for the automotive markets and it includes responsive 4Sight software, Triggered 4Sight, and 4Sight at Design levels.

The company recently released its latest financial results, with its CEO noting that they were focused on increasing their revenues, having strengthened their team and made considerable advancements in cost optimization, industrialization and productization. This will also influence the company’s growth positively.

AEye Inc. (LIDR), closed Monday’s trading session at $5.73, off by 2.2184%, on 443,124 volume. The average volume for the last 3 months is 441,960 and the stock's 52-week low/high is $2.5901/$12.2499.

Grapefruit USA Inc.'s (GPFT)

QualityStocks, Stocks to Buy Now, SmallCapRelations, SeriousTraders, NetworkNewsWire, HempWire, CBDWire, CannabisNewsWire, InvestorBrandNetwork, StocksToBuyNow, Kiplinger Today, Pennystockmania and PennyPickGains reported earlier on Grapefruit USA Inc.'s (GPFT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Grapefruit USA (OTCQB: GPFT), a California canna-biotech company, today announced the launch of its Monterey-based “Summit Boys” brand of premiere concentrates on the Blitzdirect.com (“Blitz”) mobile delivery online platform in California. With this move, Grapefruit’s L.A. County customers can have Summit Boys’ top-shelf concentrates delivered directly to their doorstep via Blitzdirect.com. A leading California-licensed cannabis mobile delivery service, Blitz operates within a 30-mile radius of Los Angeles County. “Blitz’s inclusion of Summit Boys’ high-end concentrates on its mobile delivery menu validates their unique flavor profiles and quality, and will significantly expand our customer base,” said Grapefruit CEO Bradley Yourist. “Yet another step forward for Grapefruit and our Summit Boys brand.”

To view the full press release, visit https://ibn.fm/2oVlF

About Grapefruit USA Inc.

Grapefruit’s corporate headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to both manufacture and distribute cannabis products in the Golden State. Grapefruit’s extraction laboratory and manufacturing and distribution facilities are located in the industry-recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, located on the extension of North Canyon Road, approximately 14 miles north of downtown Palm Springs. For more information about the company and its operations, visit www.GrapefruitBlvd.com.

Grapefruit USA Inc.'s (GPFT), closed Monday’s trading session at $0.029, up 5.4545%, on 29,300 volume. The average volume for the last 3 months is 29,300 and the stock's 52-week low/high is $0.0161/$0.16.

ElectraMeccanica Vehicles Corp. Ltd. (SOLO)

Green Car Stocks, InvestorPlace, Schaeffer's, MarketClub Analysis, StocksEarning, Kiplinger Today, StockMarketWatch, QualityStocks, TradersPro, BUYINS.NET, The Street, MarketBeat, Trades Of The Day, TopPennyStockMovers, Daily Trade Alert, Small Cap Firm, VectorVest, SmallCapVoice, Eagle Financial Publications, Cabot Wealth and PoliticsAndMyPortfolio reported earlier on ElectraMeccanica Vehicles Corp. Ltd. (SOLO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Tesla may have officially kicked off the electrification race and is now the largest producer of EVs in the world, but the California-based EV maker will have to contend with increasing competition soon. Specifically, carmakers from Southeast Asian countries such as China and Vietnam are poised to give Tesla and local automakers a run for their money in the coming years.

For example, Vinfast, a Vietnamese EV electric vehicle manufacturer that delivered its first batch of EVs late last year has announced that it will begin constructing an EV production plant this year. According to a statement from Vinfast CEO Le Thi Thu Thuy, the factory will be built at Triangle Innovation Point in Chatham County and is expected to be up and running in the latter half of 2024.

The Vietnamese EV maker has already started work on the design and is racing to complete the factory’s construction plan. Vinfast’s initial investment in the factory will be as much as $2 billion, Thuy says. She states that the North Carolina production plant will be able to manufacture 150,000 electric cars every year as well as electric buses and EV batteries.

In a public statement, President Joseph Biden announced that the $4 billion plant would produce hundreds of thousands of electric cars and EV batteries and create more than 7,000 job opportunities. He lauded the move by Vinfast as an example of his economic strategy, which has put a great emphasis on promoting renewable energy and electric vehicles.

The North Carolina facility will be Vinfast’s second-ever EV factory after its first plant was built in Haiphong, a port city in Northern Vietnam. Vinfast also has a battery plant in Ha Tinh province in Northern Vietnam and plans on beginning production at the plant by the start of next year.

Vinfast’s first batch of EVs was delivered domestically to Vietnam, but the company expects to start delivering EVs in foreign markets, including Canada, France, Germany, the Netherlands, and the United States, later this year. The VF8 and VF9 will cost customers around $41,000 to $61,000. The Vietnamese EV maker aims to sell up to a million electric cars in the next five or six years, Thuy says, and the company has already received 50,000 orders from around the world for its VF8 and VF9 EV models.

Vinfast has also revealed that it is currently working with investment banks to get ready for an initial public offering (IPO). If it goes public, Vinfast will be one of the first companies from Vietnam to be traded on the U.S. stock market. The inroads being made by Vinfast puts other EV makers such as ElectraMeccanica Vehicles Corp. Ltd. (NASDAQ: SOLO) on notice that competition for every single motorist will be stiff, so they must bring their A game every single day.

ElectraMeccanica Vehicles Corp. Ltd. (SOLO), closed Monday’s trading session at $2.2, even for the day, on 1,850,471 volume. The average volume for the last 3 months is 1.841M and the stock's 52-week low/high is $1.64/$5.14.

Gratomic Inc. (CBULF)

QualityStocks and equities Canada reported earlier on Gratomic Inc. (CBULF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FRA: CB82), a multinational company with projects in Namibia, Brazil and Canada, continues to work to improve local Namibian communities by focusing on developing local economies by supporting youth and education. Most recently, the company sponsored an event at a local primary school, J.S. Herero Primary School, where company representatives marked the beginning of a 1 million Namibian dollar improvement program aimed at improving the school. The efforts were kicked off by the donation of more than 100 school uniforms along with 300 gift bags and 300 lunch packs, together valued at $47,500 NAD (C$4,000). This type of local community involvement, along with creating positive impact, are key areas for Gratomic, based on the company’s belief that economic growth and thriving communities are possible through investment in education. In addition to this initial donation, the company has initiated a book drive to supplement the library at the primary school; Gratomic is collecting books for all reading levels. The company is also evaluating additional opportunities to provide support for the school and local communities.

To view the full press release, visit https://ibn.fm/gFzrP

About Gratomic Inc.

Gratomic is a multinational company with projects in Namibia, Brazil and Canada. The company is focused on becoming a leading global graphite supplier and aims to secure a strong position in the electric vehicle battery supply chain. With the continued development of its flagship Aukam project and further exploration on the company's Capim Grosso property, Gratomic sets itself apart by seeking out unique top-quality assets around the world. True to its roots, the company will continue to explore graphite opportunities displaying potential for development. Large quantities of high-quality vein graphite have been shipped for testing to confirm its viability as an anode material. Gratomic is confident that the test results will provide a unique competitive advantage in its desired target markets. The company will continue to update the public on the status of these tests and will provide results as soon as they become available. In addition, the company has formed a collaboration agreement with Forge Nano. Featuring a patented ALD coating, this cooperation with Forge Nano is a key element to support Gratomic's strategies toward the value-added phases of production of graphite for anode applications, namely micronization, spheronization and coating, making Gratomic graphite a preferred choice for use in lithium-ion batteries. For more information about the company, visit www.Gratomic.ca

Gratomic Inc. (CBULF), closed Monday’s trading session at $0.67108, up 12.6559%, on 94,349 volume. The average volume for the last 3 months is 94,349 and the stock's 52-week low/high is $0.532224/$1.50.

The QualityStocks Company Corner

FuelPositive Corp. (TSX.V: NHHH) (OTC: NHHHF)

The QualityStocks Daily Newsletter would like to spotlight FuelPositive Corp. (NHHHF).

FuelPositive Corp. (TSX.V: NHHH) (OTC: NHHHF) is a growth stage company focused on licensing, partnership and acquisition opportunities building upon various technological achievements. The company is committed to providing commercially viable and sustainable clean energy solutions, including carbon-free ammonia (NH3), for use across a broad spectrum of industries and applications.

FuelPositive is headquartered in Toronto, Canada.

Hydrogen Economy Problems and FuelPositive’s Carbon-Free Technology

The hydrogen economy is currently facing many challenges. Traditional NH3 manufacturing exists on a massive scale, but centralized facilities result in some of the world’s most concentrated CO2 emissions. In total, an estimated 200 million metric tonnes of NH3 are consumed each year, with greater than 80% utilized by the agricultural sector. NH3 is also being positioned as a viable alternative to fossil fuels.

FuelPositive’s flagship carbon-free ammonia technology provides an innovative solution to these environmental concerns. Developed by Dr. Ibrahim Dincer and his team, the company’s platform allows for the in-situ production of NH3 in an entirely sustainable manner, using only water, air and sustainable electricity.

The production of hydrogen is energy intensive, but it is just one variable hindering the growth of the hydrogen economy. Other hurdles include:

  • Storage – The storage of hydrogen by compression or liquification are both cost prohibitive and unsustainable.
  • Distribution – The distribution network for effective hydrogen deployment has yet to be developed, as the extreme high-pressure distribution requirements to transport hydrogen would result in enormous infrastructure costs.
  • End Use – R&D on the transportation-related end use applications for hydrogen is in its infancy, but almost any vehicle on the road today can be easily converted to run on NH3 at a considerably lower cost per mile traveled when compared to traditional fossil fuels.

A key benefit of FuelPositive’s patent-pending, first-of-its-kind carbon-free NH3 technology is its flexibility. The process allows for small, medium or large-scale production of NH3 on location, minimizing or even eliminating the challenges and volatility associated with storage and transportation to end use. As such, with an appropriately sized FuelPositive system and access to renewable energy, the end use applications for the company’s platform are nearly infinite.

Manufacturing Partnership

On May 19, 2021, FuelPositive announced its selection of National Compressed Air Canada Ltd. (“NCA”) to undertake manufacturing of the company’s Phase 2 hydrogen-ammonia synthesizer commercial prototype systems for carbon-free ammonia production.

In a news release detailing the partnership, FuelPositive CEO Ian Clifford noted, “This critical milestone for FuelPositive will confirm the broad application potential for our technology and is the backbone of our Carbon-Free Hydrogen-NH3 offering. Partnering with the knowledgeable and experienced team at NCA on this commercialization project will bring our development-stage program to life.”

Global Ammonia Market Outlook

The global ammonia market was valued at $52.71 billion in 2017 and is forecast to reach $81.42 billion by 2025, growing at a CAGR of 5.59%, according to data from Fior Markets (https://ibn.fm/1OfOB).

The agricultural industry consumes more than 80% of global NH3. Smaller percentages can be attributed to the waste, water treatment, refrigerants, antiseptic, textile, mining and pharmaceutical industries.

One of the most polluting industries on the planet consists of conventional agribusinesses. These polluters are responsible for more greenhouse emissions per year than transportation. This is where FuelPositive’s technology is expected to be extremely beneficial.

Management Team

Ian Clifford is Director, CEO and Founder of FuelPositive Corp. He has over 25 years of experience in the fields of technology and marketing and has successfully led the company to global brand recognition through its unique energy solutions. Since 2006, Mr. Clifford has raised over $50 million in equity financing for FuelPositive. He also co-founded digIT Interactive, a full-service internet marketing company serving Fortune 500 clients, which he sold at the peak of the market in 2000.

Greg Gooch serves as a Director and President of FuelPositive. His multifaceted career in the electronics and finance industries has positioned him as a key advisor and funding partner to start-ups and new technology companies for over 40 years. Mr. Gooch has been involved with FuelPositive since its early days and has remained a significant supporter and consultant to the company over the years. He has a bachelor’s from McGill University and an MBA from the University of Western Ontario.

Dr. Ibrahim Dincer is a scientific advisor to FuelPositive and is recognized as a pioneer and international leader in the area of sustainable energy technologies. Along with his team, Dr. Dincer invented the modular carbon-free ammonia (NH3) production technology that FuelPositive is commercializing. His area of specialty covers various topics including ammonia, hydrogen energy and fuel cells; renewable energy systems; energy storage systems and applications; carbon capturing technologies, and integrated and hybrid energy systems He is currently managing an exemplary team of researchers in this commercialization project.

Marek Warunkiewicz is the company’s Communications & Branding Specialist. He brings more than 40 years of entrepreneurial expertise to the FuelPositive team, having held marketing, branding, advertising, project management and graphic design positions with various companies. Mr. Warunkiewicz has successfully created business-to-business marketing and advertising campaigns for a diverse group of clients ranging from high-tech to agriculture. He co-founded digIT Interactive and ZENN Motor Company alongside Ian Clifford.

Luna Clifford is the Director of Communications for FuelPositive. She has over 10 years of experience as a business owner and advisor, helping build and operate several successful start-up enterprises while managing complex stakeholder relationships. Ms. Clifford excels in strategic planning and team building, and she has completed extensive studies in the fields of communications and health care.

FuelPositive Corp. (NHHHF), closed Monday’s trading session at $0.11815, up 2.7391%, on 622,011 volume. The average volume for the last 3 months is 622,011 and the stock's 52-week low/high is $0.09/$0.326.

Recent News

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF)

The QualityStocks Daily Newsletter would like to spotlight LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF).

  • The Lightning Network speeds up crypto transactions from around 7 per second (Bitcoin) to 1 million per second (Lightning Network protocol)
  • The Lightning Network was in the news due to it being used by Canadian Prime Minister candidate Pierre Poilievre and the possible use for verification of Twitter users
  • LQwD leverages the Network and provides a proprietary platform as a service (“PaaS”) offering that speeds up transaction times, is cost-effective and easy to use from anywhere in the world

Despite recent ups and downs, the cryptocurrency market maintains a strong upward trend, being expected to reach U.S. $2.2 billion by 2026. This marks a CAGR of 7.1% from the 2021 reported value of U.S. $1.6 billion, according to a Markets and Markets report (https://ccw.fm/g574x). The growth is primarily driven by the transparency of the distributed ledger technology, which is an obvious detriment in traditional banking systems, as many people do not trust financial institutions, and their lack of transparency leads to dissatisfaction among the public. Cryptocurrency is becoming an increasingly popular option in both emerging and developing countries worldwide – with El Salvador becoming one of the first countries to recognize Bitcoin as legal tender in 2021. Like any currency, the amount of time it takes to process a transaction is taken for granted. The slower the transaction speed, the less likely consumers will use the method. A major credit card company has a network capacity of 65,000 transactions per second in terms of fiat currency. The blockchain transaction time for Bitcoin is only around seven transactions per second unless the transaction uses The Lightning Network, which bumps up transaction times to 1,000,000 per second. The Lightning Network is a layer 2 payment protocol layered on top of the blockchain and facilitates almost instant microtransactions with lower associated fees. One company, LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), is leveraging The Lightning Network and providing a proprietary platform as a service (“PaaS”) that speeds up transaction times, is secure, and facilitates payments anywhere in the world. LQwD’s PaaS was created to be user-friendly – with no little to no technological prerequisite required.

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) is a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption.

LQwD FinTech’s mission is to develop institutional-grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility, and scaling of bitcoin. LQwD is also securing a substantial position in bitcoin as an operating asset and will use its holdings to establish nodes and payment channels on the Lightning Network.

The Lightning Network is a second-layer protocol, sitting above the bitcoin blockchain, intended to facilitate faster micro-transactions and lower fees on bitcoin transactions, thus allowing mass adoption of bitcoin.

LQwD expects the Lightning Network to eclipse the patchwork of legacy financial networks that are used to move value today. The company’s software will make migration from legacy networks onto the Lightning Network easy and seamless. By onboarding more financial service providers, LQwD intends to grow the value of the Lightning Network.

The company, formerly known as Interlapse Technologies Corp., is harnessing new payment rails built on top of the bitcoin blockchain that are capable of beyond visa-level transaction volumes and backed by bitcoin, the strongest and most well-known cryptocurrency. These new rails, enabled by the Bitcoin Lightning Network, open a vast opportunity and market segment for digital payments and financial services on a global scale. LQwD aims to leverage its position as a public company to enhance trust in its products and services, and leverage its shares as currency for acquisitions, roll-up and growth, as well as to attract and retain top industry talent.

Product

The Lightning Network is a solution to massively scale the use of bitcoin for microtransactions globally, dramatically improving upon fees, as well as providing instant settlement times. The Lightning Network has experienced explosive growth and is expected to continue with the trend as usage increases. Well-known companies, such as Twitter and Square, have expressed their enthusiasm to incorporate Lightning Network into their platforms. The Lightning Network is scalable, global, open, inclusive, permissionless and decentralized. It is made up of nodes connected via payment channels, and enables off-chain, instantaneous and cheap payments at scale.

Upon launch of LQwD’s Lightning Network platform-as-a-service, users will be able to leverage the Lightning Network infrastructure to send payments instantly, securely and inexpensively anywhere in the world. Companies and service providers will be able to conduct Lightning Network transactions in bitcoin by integrating LQwD’s infrastructure with their business or web property. Connected businesses will be able to easily deploy, monitor and manage LQwD’s Lightning Network nodes with no or low-level technical knowledge required. The company fully expects Lightning Network to be a force for global change and to become the monetary exchange network of the future.

The Lightning Network, which is already built, functioning and growing, will advance bitcoin from a store-of-value to a global monetary network through payment utility. The company expects the Lightning Network will propel the growing number of active blockchain wallets to new heights, by increasing bitcoin’s scalability and lowering its fees for users. For coming generations, everything from wealth to experiences will be acquired and transacted virtually, and LQwD sees the Lightning Network as an enabling technology that can bring bitcoin to hundreds of millions of new users across the globe.

Market Outlook

Forbes in August 2021 noted that “private investors are funding companies that are building the infrastructure that will support future growth of crypto and digital assets,” and called public companies building cryptocurrency infrastructure “the hottest part of the crypto market.” While the first wave of investor interest in crypto firms was directed at companies catering to retail investors, investors have now shifted their attention to infrastructure builders, like LQwD FinTech. Forbes did not put an estimated value on the crypto infrastructure market but pointed out that large-scale adoption of cryptocurrencies will only happen when infrastructure is in place to support it. The larger digital payments market, of which crypto payments are a small fraction, is growing at more than 14 percent annually and is forecast to hit $154 billion by 2025.

Management Team

Shone Anstey is co-founder, chairman and CEO at LQwD FinTech. He has 20 years of experience in building complex technologies and has acted as technology lead for an industrial bitcoin mine and bitcoin mining pool. He is a Certified Cryptocurrency Investigator, and an advisor to the British Columbia Securities Commission. He is also co-founder of BIGG Digital Assets (OTCQX: BBKCF) and took that company public in 2017.

Barry MacNeil is CFO at LQwD FinTech. He is a member of the Chartered Professional Accountants of British Columbia and has more than 30 years of management and accounting experience with public companies and in private practice. His previous positions include director of both public companies and nonprofits, as well as Chief Financial Officer and Corporate Controller.

Albert Szmigielski is co-founder and CTO at LQwD FinTech. He was formerly the Head of Research and Chief Blockchain Engineer at Blockchain Intelligence Group and VP Research at CipherTrace. He holds a B.Sc. in Computing Science from Simon Fraser University, and a Master of Science in Digital Currencies and Blockchain Technologies from the University of Nicosia, Cyprus.

LQwD FinTech Corp. (LQWDF), closed Monday’s trading session at $0.1736, up 8.5%, on 500 volume. The average volume for the last 3 months is 500 and the stock's 52-week low/high is $0.133/$4.00.

Recent News

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF)

The QualityStocks Daily Newsletter would like to spotlight Red White & Bloom Brands Inc. (OTCQX: RWBYF).

  • Red White & Bloom, a multi-state operator in cannabis and hemp-derived product lines, has built a platform to strengthen its brands, enabling it to wade through the difficulties of increasing product commoditization
  • The company expects to showcase the results of the buildout process in the coming months
  • RWB is also committed to fostering public and local input, equitable leadership opportunities, and removing systemic structures that marginalize segments of society

A Boston Consulting Group (“BCG”) article entitled “Escaping the Doghouse: Winning in Commoditized Markets” notes that a company needs a clear roadmap that shows how it can reorganize itself for the future. This roadmap, it continues, is instrumental in helping the business stay a significant margin ahead of the changes brought about by commoditization, which is described as the situation where consumers deem products as substitutable. (https://cnw.fm/mvpO4). For Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a company positioning itself to be one of the top three multi-state operators in the United States in cannabis and hemp-derived product lines, the dynamics of commoditization within the cannabis industry is rather clear. To that end, the company has adopted a strategy anchored in operating a house of brands and corporate social responsibility (“CSR”).

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) is a torchbearer blazing a new frontier in American cannabis by adhering to the highest ethical, manufacturing, educational, branding and employment standards available in the industry.

Red White & Bloom is a super state operator, leveraging a sizable footprint to dominate the areas in which it operates. CEO Brad Rogers and other management members have seen the struggles of multi-state operators who have spread themselves too thin, which is why Red White & Bloom is intent on dominating each state it enters before expanding further.

Although targeting individual states in the United States, the company is headquartered in Toronto, Canada. Red White & Bloom was established after privately held MichiCann Medical Inc. merged with publicly traded Tidal Royalty in 2019.

Brands

Red White & Bloom has entered strategic brand acquisitions and partnerships aimed at helping the company expand its presence and position as one of the largest players in the United States cannabis market. Red White & Bloom is always diligently searching for brands to acquire that will provide additional value to the company and expand its national footprint.

The company’s current brand portfolio includes:

  • Platinum Premium Cannabis Products (PV): Platinum uses innovative thinking, honesty and responsibility to remain at the forefront of the cannabis industry. PV holds itself and its partners to the highest standards, providing clean and safe CBD and THC products. In the company’s press release dated January 13, 2021, it reported system-wide sales of Platinum-branded products exceeding $2.8 million for the first week of January alone.
  • High Times®: In June 2020, the company acquired the licensing rights and branding of High Times dispensaries and High Times cannabis-based CBD and THC products in Michigan, Illinois and Florida. The company also acquired branding of High Times hemp derived CBD products nationally in the United States carrying the Culture® brand.
  • Mid-American Growers: Mid-American began as a family operation in 1971 in Granville, Illinois. The original 8-acre greenhouse has expanded to a 3.6-million-square-foot, state-of-the-art technology and science facility under glass. Mid-American’s product offerings include its CBD Icy Relief Salve, CBD Icy Relief Roll-on and CBD Gummies.

Retail Focus

Red White & Bloom is working to establish a significant retail presence across multiple jurisdictions. In Michigan, the company is invested in and has the rights to acquire (subject to regulatory approvals) a licensed operator that controls the assets of 18 dispensary locations throughout the state. Red White & Bloom is also pursuing opportunities in Florida aimed at making its proposed retail footprint compelling and attractive to the majority of cannabis consumers within each state.

Cultivation

Red White & Bloom is focused on standardization and quality, with everything guided by a relentless commitment to the highest standards. The company acquired a 3.6-million-square-foot standardized facility dedicated to helping it achieve premium value for the products it intends to cultivate.

As it continues to expand, the company remains committed to the practices that have guided its success in the past, including:

  • A top-down approach to cultivation developed under the guidance of PhDs with expertise in growing principles, SOPs and, most importantly, the science behind it all.
  • Commitment to exceeding the requirement of the states in which it operates. The company cut its teeth under the world’s first national cannabis purity regime – a regime that most new markets use as a benchmark – so quality is in its DNA.
  • Science-driven production methods supported by automated, perpetual, standardized operations that enable craft cannabis-like quality at an industrial scale.

Footprint

Assuming completion of the currently proposed investments and acquisitions, Red White & Bloom will be among the cannabis market’s largest companies, joining the ranks of a select few multi-state operators dominating the industry. Red White & Bloom currently has assets (closed and in closing stages) in Michigan, Illinois, Florida, California, Oklahoma and Massachusetts.

The company’s strategic acquisition and super state operator model, combined with its commitment to top-quality product and service, position it to become a leading player in the North American cannabis market.

When evaluated beside competitors in the cannabis space, Red White & Bloom boasts an extremely attractive valuation. While large cap cannabis firms serving North American markets averaged enterprise-value-to-EBITDA multiples of 14.9x as of December 2020, Red White & Bloom’s enterprise multiple was just 3.4x, as noted in the company’s latest investor deck.

In 2020, the cannabis market worldwide was valued at $24.6 billion. This amount is expected to expand at a CAGR of 14.3% from 2021 to 2028, resulting in a market size of $84 billion in 2028 (https://nnw.fm/f09ZL). Of the 2020 valuation, the largest revenue share (91.1%) was attributed to North American consumers (https://nnw.fm/vObW6).

Management Team

Brad Rogers is the CEO and Executive Chair of Red White & Bloom. He is a visionary for the future of cannabis and CBD products in the United States market, with a proven track record of building successful and profitable businesses in the rapidly expanding and new economic sector. Mr. Rogers was a part of the team that built one of the first commercially scaled production facilities in the world for medicinal cannabis. He also served as President for one of the leading licensed producers in Canada. Both of his ventures were successful, with a combined market cap of $2 billion.

Michael Marchese is the company’s Co-Founder and Marketing Advisor. He has played a crucial role in its development and organization, overseeing capital raises, acquisition strategy and brand identity. Mr. Marchese has a strong reputation and presence in the cannabis industry. He also co-founded and directed the branding of Aleafia Health Inc., which he continues to counsel. Through his branded company, Marchese Design, he has served as a highly trusted counselor to top-level execs, including C-Suite level employees, offering insights into the process of creating, building and maintaining brand identities.

Theo van der Linde is the CFO and Director of Red White & Bloom. He is a Chartered Accountant with 20 years of experience in finance, administration and public accounting. The experience he has acquired spans multiple industries, including mining, oil & gas, financial services, retail and manufacturing. For the last nine years, he has primarily focused his career on the mining industry, working with junior exploration and producing mining companies at various stages of growth in several jurisdictions. Mr. van der Linde is also the current President of Executive Management Solutions Ltd.

Red White & Bloom Brands Inc. (RWBYF), closed Monday’s trading session at $0.29, even for the day, on 299,677 volume. The average volume for the last 3 months is 299,677 and the stock's 52-week low/high is $0.25/$1.27.

Recent News

Flora Growth Corp. (NASDAQ: FLGC)

The QualityStocks Daily Newsletter would like to spotlight Flora Growth Corp. (NASDAQ: FLGC).

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has announced that Colombia has completed its required regulations to allow cannabis companies operating in the country, including Flora Growth, to export THC and CBD dried flower. The country passed Resolution 539 on April 1, 2022, which is a regulatory checklist for companies; the resolution includes export quotas. The export steps included in the resolution outline adjustments to Flora’s approved 43.6-ton quota, which means the addition of dried flower can be included with FLGC’s existing purchase agreements from countries including Germany, Israel, Australia, South Africa, Portugal and Malta. According to the company, the updated regulation also includes a requirement for genetics registrations for all high-THC cultivars. The company also noted that its quota already permitted the export of derivative products produced at its cultivation facility. “Flora applauds the recent announcement by the Colombian government as we have been working diligently to have all the necessary approvals and capabilities available to produce high THC flower, including multiple cannabis strains with THC levels over 20 percent,” said Flora Growth’s chief commercial officer Jason Warnock in the press release. “This resolution also clears the path to export dried CBD flower to markets including the United States where Flora already sells hundreds of CBD products via owned brands like JustCBD, MIND, and Mambe.” To view the full press release, visit https://ibn.fm/27obO. Decades after the United States outlawed cannabis and carried out a drug war that had devastating effects on Black and Brown communities, the controversial plant is gaining popularity as an alternative medicine. Although prohibition has significantly hindered cannabis research, studies show that cannabis can be effective against some medical conditions including chronic pain and post-traumatic stress disorder (PTSD). An early-stage biotech startup called Cannaformatics has recently published research in the “Cannabis and Cannabinoid Research” journal, showing how cannabis can interact with pathways in the brain to reduce autism in kids. Titled “The Potential of Salivary Lipid-Based Cannabis-Responsive Biomarkers to Evaluate Medical Cannabis Treatment in Children with ASD,” the research paper outlines possible pathways for treating juvenile autism. As more research comes out about the potential therapeutic applications of cannabis, the public will keep evolving in its perception of the various marijuana products sold companies such as  Flora Growth Corp. (NASDAQ: FLGC) in the different markets in which they operate.

Flora Growth Corp. (NASDAQ: FLGC) is an internationally focused cannabis brand builder that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions, including cosmetics, hemp textiles, and food and beverage. Flora Growth operates one of the largest outdoor cultivation facilities in the world with an aim of marketing a higher-quality premium product at below-market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, the company creates premium products that help consumers restore and thrive.

Flora Growth completed the first traditional cannabis IPO on Nasdaq in May 2021. Although currently headquartered in Toronto, Ontario, with plans to relocate its head office to Miami, Florida, the company’s base of operations is in Colombia, where it has built an extensive distribution network that includes Colombia’s largest distributors.

Currently, Flora Growth is organically growing market share for its existing brand portfolio (pharmaceuticals, textiles, cosmetics, and food & beverage) while seeking revenue-generating acquisitions that offer an accretive distribution network to amplify revenue growth.

Existing Brand & Product Portfolio

Flora Growth’s portfolio spans a number of verticals – each with a thoughtful brand designed to resonate with its intended end consumer. In line with the company’s mission, each brand prioritizes natural ingredients and value-chain sustainability.

Flora Lab S.A.S

Flora Lab is the company’s GMP certified manufacturing and R&D center focused on producing pharmaceuticals, cosmetics, and nutraceuticals for domestic and international markets. Its offerings include product lines that are private label, white-label, and custom formulas.

Through Flora Lab, Flora Growth has relationships with 1,500+ distribution channels, manufactures 63+ OTC products registered with INVIMA (Colombia National Food and Drug Surveillance Institute), and holds multiple GMP certifications enabling international export in an effort to leverage Flora Lab’s capacity to produce a wide range of CBD-infused products.

Flora Beauty

Flora Beauty is the company’s CBD beauty and cosmetics division founded by fashion and beauty industry icon Paulina Vega. Its current offerings include two CBD skincare brands targeting the U.S. and Latin American markets – MIND NATURALS and AWE. These lines exemplify Flora Growth’s socially conscious approach to business.

Currently, Flora Beauty products are offered globally through e-commerce, as well as through Falabella’s 111 retail locations across Latin America. The company is in negotiations with major department stores to launch the line in the U.S. and is also exploring opportunities in the U.K. and other European markets.

KASA Wholefoods

KASA Wholefoods is a Colombian manufacturer of food and beverages leveraging responsibly sourced exotic fruits from the Amazon. KASA has a $10 million+ distribution agreement with Tropi, Colombia’s largest food distributor, which has 130,000+ distribution points across the country.

Mambe, KASA’s leading brand, is already offered through over 980 distribution points across Colombia. Flora Growth expects this network to grow to over 1,200 distribution points in 2021, including one of Colombia’s largest coffee chains, Tostao Café & Pan.

Hemp Textiles & Co.

Through its Hemp Textiles division, Flora Growth intends to utilize its large land package and cultivation infrastructure to capture market share in the rapidly growing hemp industrials segment.

The company’s first brand through this division, Stardog Loungewear, offers a line of comfortable loungewear made from natural, organic materials. Stardog has been distributing globally through e-commerce and brick and mortar channels in Bogota since fall 2020, and the company intends to open U.S. brick and mortar locations in 2021.

Accretive M&A

Flora Growth is targeting transactions to complete the supply chain via key infrastructure to enhance its global distribution with the aim to compete on low-cost, high-quality inputs paired with premium brands that create business lines with robust margins.

To date, Flora has announced two major transactions.

Koch & Gsell (Acquisition)

  • Amplify CPG portfolio’s revenue growth through leading brand, Heimat, currently with TTM revenues of $7.6 million.
  • Leverage Koch &Gsell’s distribution network of 2,500+ stores to introduce Flora to the Swiss, European and Asian markets.
  • Bring patented hemp cigarette manufacturing technology into new markets utilizing Flora’s high-quality cannabis.

Hoshi International (Investment)

  • Equity Investment of €2 million into Hoshi to establish Flora as a preferred supplier to two EU processing facilities.
  • Opens gateway for Flora Growth’s cannabis through international distribution agreements in the EU and U.K.
  • Hoshi’s experienced team and increased access to the EU cannabis market to serve as a catalyst for revenue growth.

Cultivation

Key to Flora Growth’s expansion efforts is its cultivation strategy. The company’s Cosechemos farm, located in Bucaramanga, Colombia, is currently licensed to cultivate 247 acres of cannabis. Through three successful pilot crop plantings, the location has demonstrated a production cost of just $0.06/gram. For comparison, the average cost of North American cannabis (based on 2019 figures from Aphria, Tilray, Sundial, and Aurora) equates to roughly $1.89/gram.
Flora Growth is uniquely positioned to capitalize on Colombia’s favorable growing conditions, low-cost infrastructure, and affordable local workforce as it looks to ramp up its cultivation efforts moving forward.

Leadership Team

Bernard Wilson is the Chairman of Flora Growth. A senior financial professional, Dr. Wilson is the former Vice-Chairman of PricewaterhouseCoopers LLP and is the Chairman of the Founders Board of the Institute of Corporate Directors. He has also served as Chairman of the Canadian Chamber of Commerce; Chairman of the International Chamber of Commerce – Canada; and Member of the Canada/U.S. Trade Committee. Dr. Wilson draws on this experience to ensure Flora Growth adheres to effective corporate governance practices.

Luis Merchan is the company’s President and CEO. He is a proven executive with over a decade of experience in enterprise sales management, corporate strategy, merchandising and expense management, and customer experience. Mr. Merchan previously served as Macy’s Inc.’s Vice President of Workforce Strategy and Operations, where he managed the enterprise’s multi-billion-dollar P&L expense line for the entire 540 store portfolio. Throughout his tenure at Macy’s, he led various sales and marketing initiatives, including the B2B corporate sales team that was responsible for $160 million in annual revenue. Mr. Merchan obtained his Bachelor of Industrial Engineering from Pontifical Xaverian University in Bogota, Colombia, and his MBA from McNeese State University. He also holds a Graduate Certificate in Marketing Management from Harvard.

Juan Manuel Galan is a Strategic Advisor to the Flora Growth management team. Mr. Galan currently serves as a senior consultant to The World Bank. He is a politician and former senator of Colombia, serving three terms from 2006 to 2018 as a member of the Colombian Liberal Party. He is also a former professor at the University of Rosario and holds more than 20 years of journalistic, academic, governmental and parliamentary experience. During his time as a senator, Mr. Galan was a key leader, with 29 bills and 27 debates on political control, and 17 laws to his name. The most relevant of those laws was authoring the medical cannabis law that resulted in the legalization of medical cannabis in Colombia.

Stan Bharti is a Director of Flora Growth. Mr. Bharti currently serves as Executive Chairman of Forbes & Manhattan. He has more than 30 years of professional experience in business, finance, markets, operations and more, with a focus on the resource and technology sectors. To date, Mr. Bharti has amassed over $3 billion worth of investment capital for the companies with which he has worked and their shareholders. He is a Professional Mining Engineer and holds a master’s degree in engineering from Moscow, Russia, and University of London, England.

Javier Franco is the company’s VP of Agriculture. Mr. Franco is a master horticulturist with more than 25 years of experience in the design, implementation, and management of cultivation and propagation facilities of more than 30 species of cut flowers in Latin America. He completed his agricultural studies at Zamorano University in Honduras and later at an International Exchange Program at Ohio State University. Mr. Franco has directed technical, commercial, and research groups in the cut flower, fruit and vegetable markets in Latin America and has participated in the commercial development of new technologies applied in agribusiness. He has also led the agri-management of organic crops and certifications of Good Agricultural Practices.

Flora Growth Corp. (FLGC), closed Monday’s trading session at $1.88, even for the day, on 528,863 volume. The average volume for the last 3 months is 514,794 and the stock's 52-week low/high is $1.31/$21.45.

Recent News

American Cannabis Partners

The QualityStocks Daily Newsletter would like to spotlight American Cannabis Partners.

American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, today announced its appointment of T.J. Dillashaw as its director of marketing and as a member of the company’s advisory board. Dillashaw’s experience includes being a successful franchisee and area developer for a rapidly-growing certified organic juice bar company, as well as bringing new retail business to a sports nutrition and functional energy beverage company, for which he serves in a leadership capacity for marketing and business development. “I am pleased to welcome T.J., a two-time mixed martial arts bantamweight champion and accomplished entrepreneur, to ACP,” said Stephen Jordan, ACP’s chief executive officer. “We embrace this unique opportunity to combine our strengths and accelerate our continued expansions in the cannabis space. With T.J.’s business track-record and American Cannabis Partners’ proficiency in managing profitable operations, the decision to team up was excitingly easy.” To view the full press release, visit https://ibn.fm/E1AHG

American Cannabis Partners (ACP) is a multi-state cannabis company with 560,000 square feet of licensed canopy space for cultivation and one retail license. The company is nationally headquartered in Trinity County of Northern California’s Emerald Triangle.

ACP is focused on three complementary business segments: real estate, acquisition & development of proprietary assets, and ongoing cultivation operations. Led by a seasoned management team with 30+ years of canna-business experience, ACP’s strategy is to capture opportunities in real estate and licensing in states that have recently passed cannabis legalization legislation, thereby equipping the company to capitalize on Federal interstate commerce opportunities.

Through its current cultivation operations, ACP supplies approximately 80% of its whole flower products for manufacturing, distribution and retail licenses. With the remaining 20%, the company supplies its proprietary strains to select California distributors and its own Michigan retail location under its exclusive in-house brand, ZÜK.

History of American Cannabis Partners

In 2014, Stephen Jordan, President of ACP, took on the Director of Operations position for a U.S.-based company operating in the Jamaican cannabis space. Over the course of his three-year tenure in this role, Jordan developed a number of relationships that would help serve as the basis of American Cannabis Partners.

One such relationship was with Junior Gordon, a cultivation lead grower from Jamaica’s Westmoreland Parish. Jordan immediately saw the value of Gordon’s unique skillset and credentials, and Gordon recognized Jordan’s heartfelt vision of bringing Jamaican culture to the rapidly developing U.S. cannabis space.

Guided by that mission, ACP’s unchanging goal is to improve the lives of individuals through cannabis and business.

Current Operations

Since its founding in 2018, privately-owned American Cannabis Partners has established a foothold in two key U.S. cannabis markets – California and Michigan. In total, the company has acquired 12 cannabis licenses, including 20,000 sq. ft. of cultivation licenses in California and 540,000 sq. ft. of cultivation licenses & one retail license in Michigan.

ACP’s IP portfolio features three proprietary strains sold exclusively through the company’s wholly owned ZÜK brand, as well as proprietary data collection and mining systems supporting its cultivation and retail operations.

Plans for Expansion

American Cannabis Partners is pursuing additional growth in the cannabis sector through multiple planned initiatives. These include:

  • Submitting applications for additional cultivation licenses at the company’s Trinity County, California, location;
  • Planning land acquisition and project development strategies for expanding operations to its third U.S. state beginning in the second quarter of 2022; and
  • Planning land acquisition and project development strategies for expanding operations to its fourth U.S. state beginning in the second quarter of 2024.

ACP is currently exploring expansion opportunities through partnerships and joint ventures in New Jersey, New York, Virginia, Nevada, Arizona, Missouri and Massachusetts.

Management Team

Stephen Jordan is the CEO of American Cannabis Partners. He is focused on the first and last steps of legal cannabis – cultivation and retail. To date, Mr. Jordan has provided the company with ownership of 12 licenses, three proprietary cannabis strains and multiple real estate assets. His background in cannabis operations and financial strategies has guided American Cannabis Partners’ efforts to produce consistently high-quality product for both the medical and recreational segments. Mr. Jordan has operated under cultivation, manufacturing, distribution, medical research (Univ. of West Indies), retail and exportation licenses in multiple countries, further strengthening his network within the cannabis industry.

Gary Coltek is the company’s Chief Operating Officer. He has credentials based in the culinary, hospitality and sustainability industries spanning over 40 years, including taking three companies public. Mr. Coltek has held management positions internationally with Ritz Carlton, Four Seasons, Trump Hospitality, Phymatrix and International Oncology Network. For 17 years, he was the founding member and partner of a private boutique consulting firm. He is currently a guest speaker and visiting professor at universities in Israel, China, Italy, the Netherlands and Peru, covering topics that include culinary sustainability, sustainable cannabis farming, organic sustainable farming and cannabis clinical studies.

Scot C. Crow is the Lead Corporate Counsel for American Cannabis Partners. He has extensive experience in corporate mergers & acquisitions and tax law. His clients rely on him to advise them with respect to their complex financial transactions and provide outside general counsel. Mr. Crow provides his clients proactive advice with respect to sensitive management matters, litigation management, day to day transactional needs and objective assessments for the development of successful business strategies. His experience includes serving as lead counsel for numerous mergers & acquisitions, private equity investments, private offerings, venture capital financings, mezzanine debt offerings, divestures and other related transactions, with an emphasis in the legalized marijuana segment.

Jacob Frenkel is the company’s Lead Compliance Counsel. He is the current Chair of Dickinson Wright’s Government Investigations and Securities Enforcement Practice. Mr. Frenkel’s solutions-minded approach to issues has earned him a reputation as an aggressive, tenacious, creative and proactive defense lawyer and litigator. After 14 years as a Senior Counsel in the SEC’s Division of Enforcement, U.S. federal criminal prosecutor and New Orleans Assistant District Attorney, Mr. Frenkel has practiced in the private sector for 20 years. His unique mix of corporate transactional, litigation and investigations defense clients extend well beyond the cannabis industry and cover a wide range of industries worldwide.

Junior Gordon is the Director of Cultivation for American Cannabis Partners. With 30 years of international cannabis cultivation experience in both the Caribbean and United States, Mr. Gordon is recognized as one of the top growers in the world. His skills span both controlled indoor and large volume outdoor harvest programs, giving him proficiency in nursery, propagation and indoor & outdoor grow strategies. As a winner of High Times and other notable Cannabis Cups, his focus is on connecting the dots between propagation, soil, irrigation, planting, harvesting, curing, processing and inventory control, bringing Jamaican cannabis cultivation best practices to American Cannabis Partners’ operations.

Recent News

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Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR)

The QualityStocks Daily Newsletter would like to spotlight Energy Fuels Inc. (UUUU).

Russia’s invasion of Ukraine has affected the supply of a number of commodities, with Canada recording an increase in the demand of uranium and potash, according to Jonathan Wilkinson, the country’s minister of Natural Resources. Uranium is used by most nations in Europe as well as the United States to generate power while potash is a potassium-rich salt that is commonly used as fertilizer. These two commodities have been swept up in the international commodities rally after Ukraine’s invasion by Russia. Buyers are hoping to secure supplies after the trade disruption caused by Ukraine’s invasion. Currently, Canada is one of the primary sources of these two commodities in the world. Russia is a high-volume, low-cost producer for all major fertilizers globally as well as a major source of uranium. It is expected that disruptions in the potash trade will increase the costs that farmers around the globe incur when purchasing fertilizers and, in turn, increase food inflation. The growing demand for Canadian-sourced uranium suggests that all extractors based in North America, including Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), are poised to register a higher-than-normal demand for this energy metal as the supplies from offshore get threatened.

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR),based in Lakewood, Colorado, is the country’s largest producer of uranium and the leading conventional producer of vanadium, both designated by the U.S. government as critical minerals.

As the leading U.S. diversified uranium miner, Energy Fuels’ uranium production portfolio stands apart in the world. Energy Fuels has more uranium production facilities, more production capacity, and more in-ground resources than any other company in the United States. In fact, the company’s assets have produced over one-third of all U.S. uranium over the past 15 years and is uniquely positioned to increase production to meet new demand.

Energy Fuels utilizes both conventional and in-situ recovery (“ISR”) technology to produce uranium from three strategic facilities:

  • White Mesa Mill in Utah (conventional) has a licensed capacity of over 8 million pounds of U3O8 per year. The highly strategic White Mesa Mill is the only conventional uranium mill in the country and is proximate to some of the largest and highest-grade uranium mines and projects in the U.S., including the Company’s Canyon mine, La Sal Complex, Henry Mountains Complex and Roca Honda Project. White Mesa Mill provides Energy Fuels with significant production scalability as uranium demand increases. The White Mesa Mill also has other diverse businesses, including vanadium, rare earth elements (REE’s), alternate feed materials recycling and land cleanup, all described below.
  • Nichols Ranch Plant (ISR) is located in the productive Powder River Basin district of Wyoming and has a total licensed capacity of 2 million pounds of U3O8 per year. Nichols Ranch has produced 1.2 million pounds of U3O8 since commissioning in 2014, and it has significant future expansion potential from 34 fully licensed wellfields containing significant in-ground uranium resources.
  • Alta Mesa Plant (ISR) is located on over 200,000 acres of private land in Texas. The fully licensed and constructed ISR project has a total operating capacity of 1.5 million pounds of uranium per year and produced nearly 5 million pounds of U3O8 between 2005 and 2013. This low-cost production facility is currently on standby, maintained in a state of readiness to respond to expected increases in demand.

In addition to being the largest uranium miner in the U.S., Energy Fuels’ overall portfolio also includes a pipeline of high-quality, large-scale exploration and development projects that are permitted or are in advanced stages of permitting, as well as an industry-leading U.S. NI 43-101 Mineral Resource portfolio.

FACTOID: Energy Fuels has led industry efforts over the past two-plus years to get the U.S. government to recognize the importance of domestically produced uranium, including the 2018 – 2019 Uranium Section 232, the ongoing Nuclear Fuel Working Group and the recently announced creation of the U.S. strategic uranium reserve. The U.S. is by far the largest consumer of uranium in the world, yet we import almost all of our requirements; Energy Fuels aims to change that.

Nuclear Market Potential

Multiple studies in top scientific journals have shown that nuclear power is cleanest and most economical way to produce reliable electricity as worldwide demand continues to soar. Nuclear power is presently the only available and affordable low-carbon power source that can meet both current and future baseload electricity demands while simultaneously reducing air pollution and mitigating climate change. U.S. nuclear power plants currently generate nearly 20% of the nation’s electricity overall and 55% of its carbon‐free electricity and even a modest increase in electricity demand would require significant new nuclear capacity by 2025. According to the World Nuclear Association (WNA), there are currently 441 operable reactors, with another 54 units under construction and 439 in various stages of planning; in addition, the WNA has identified a potentially massive supply/demand gap through 2040 of 1 billion pounds. These factors among others are expected to significantly drive increased demand for uranium.

Reasons Nuclear is Gaining Traction

  • Nuclear reactors emit no greenhouse gases during operation. Over their full lifetimes, they result in comparable emissions to renewable forms of energy such as wind and solar.
  • Unlike any other form of energy, the waste from nuclear energy is contained and managed securely. Used fuel is currently being safely stored for ultimate disposal or future reprocessing, and 96% of this waste can potentially be recycled.
  • Greater demand for clean electricity to power everything from homes to automobiles, reducing dependence on fossil fuels.

No. 1 U.S. Producer of Vanadium in 2019

Energy Fuels also produces vanadium as a byproduct of uranium production. Vanadium is designated a critical mineral, essential to the economic and national security of the United States. Energy Fuels was the largest producer of vanadium in the U.S. in 2019, and has significant high-grade, in-ground vanadium resources, as well as a separate high-purity vanadium production circuit at their White Mesa Mill, which is also the only conventional vanadium mill in the country. Crucial for use in the steel, aerospace, and chemical industries, vanadium plays a critical role in the production of high-strength and light-weight metallic alloys and demand is expected to increase across the globe.

Energy Fuels has several fully permitted and developed standby mines containing large quantities of high-grade vanadium, along with uranium, including:

  • La Sal Complex (Utah)
  • Whirlwind Mine (Colorado/Utah)
  • Rim Mine (Colorado)

Vanadium has also gained increased attention as a catalyst in next-generation high-capacity, “community-scale” batteries used for energy storage generated from renewable sources. Demand is only expected to grow as this market expands. With recent upgrades in its vanadium production operations, in 2019 Energy Fuels produced commercial levels of the highest purity (99.7%) vanadium in the mill’s history and can rapidly adjust production to meet volatile market conditions. Energy Fuels is one of the very few known avenues that provides investors access the vanadium market.

Rare Earth Element (REE) Production, Alternate Feed Material Recycling, and Land Cleanup

The White Mesa Mill also provides the company with diverse cashflow generating opportunities. Security of supply for Rare Earth Elements (REEs) supporting U.S. military and defense requirements is a major issue today. Energy Fuels has been approached by a number of entities, including the U.S. government, inquiring about the potential to process certain REEs at the mill. The White Mesa Mill is currently licensed to process certain REEs, including tantalum and niobium. And, early indications are that the mill can be utilized to produce several other REEs. The White Mesa Mill is also the only facility in North America licensed and capable of recycling alternate feed materials (AFMs). AFMs are essentially low-level waste materials that contain recoverable quantities of natural (or unenriched) uranium. The Company typically generates between $5 and $15 million per year from AFM recycling. Finally, Energy Fuels is seeking to become involved in the cleanup of legacy Cold War era uranium mines in the Four Corners region of the U.S., including on the Navajo Nation. The U.S. Environmental Protection Agency (EPA) has access to over $1.5 billion for the cleanup of just a fraction of the sites on the Navajo Nation. The White Mesa Mill is fully licensed to receive much of this material, we are one of the government’s lowest cost options, and we have the ability to recycle the material and produce usable uranium from it.

Management Team

Mark S. Chalmers, President and CEO
Mark S. Chalmers is the president and chief executive officer of Energy Fuels, a position he has held since Feb. 1, 2018, following his role as chief operating officer of Energy Fuels from July 1, 2016 – Jan. 31, 2018. From 2011 to 2015, Chalmers served as executive general manager of Production for Paladin Energy Ltd., a uranium producer with assets in Australia and Africa, including the Langer Heinrich and Kayelekera mines where, as head of operations, he oversaw sustained, significant increases in production while reducing operating costs. He also possesses extensive experience in in situ recovery (“ISR”) uranium production, including management of the Beverley Uranium Mine owned by General Atomics (Australia), and the Highland mine owned by Cameco Corporation (USA). Chalmers has also consulted to several of the largest players in the uranium supply sector, including BHP Billiton, Rio Tinto, and Marubeni, and until recently served as the chair of the Australian Uranium Council, a position he held for 10 years. Chalmers is a registered professional engineer and holds a Bachelor of Science in Mining Engineering from the University of Arizona.

W. Paul Goranson, COO
W. Paul Goranson is the chief operating officer for Energy Fuels. Goranson has 30 years of mining, processing and regulatory experience in the uranium extraction industry that includes both conventional and in-situ recovery (“ISR”) mining, and he is a registered professional engineer. Prior to the acquisition by Energy Fuels of Uranerz Energy Corporation, Goranson served as president, chief operating officer and director for Uranerz, where he was responsible for operations of the Nichols Ranch ISR Uranium Project. In addition to those duties, he also managed uranium marketing, regulatory and government affairs, exploration and land. Prior to joining Uranerz, Goranson served as president of Cameco Resources, where he led the operations at the Smith Ranch-Highland, Crow Butte and North Butte ISR uranium recovery facilities. Goranson also served as vice president of Mesteña Uranium LLC, and he has served in senior positions with Rio Algom Mining, (a subsidiary of BHP Billiton), and Uranium Resource Inc. Goranson has a Bachelor of Science in Natural Gas Engineering from Texas A&I University, and a Master of Science in Environmental Engineering from Texas A&M University-Kingsville.

David C. Frydenlund, CFO, General Counsel, Corporate Secretary
David C. Frydenlund is chief financial officer, general counsel, and corporate secretary of Energy Fuels. His responsibilities include oversight of all legal matters relating to the company’s activities. His expertise extends to NRC, EPA, state and federal regulatory and environmental laws and regulations. From 1997 to 2012, Frydenlund was vice president of regulatory affairs, general counsel and corporate secretary of Denison Mines Corp., and its predecessor International Uranium Corporation (“IUC”). He also served as a director of IUC from 1997 to 2006 and CFO of IUC from 2000 to 2005. From 1996 to 1997, Frydenlund was vice president of the Lundin Group of international public mining and oil and gas companies, and prior thereto was a partner with the Vancouver law firm of Ladner Downs (now Borden Ladner Gervais) where his practice focused on corporate, securities and international mining transactions law. Frydenlund holds a bachelor’s degree in business and economics from Simon Fraser University, a master’s degree in economics and finance from the University of Chicago and a law degree from the University of Toronto.

Curtis H. Moore, Vice President of Marketing and Corporate Development
Curtis H. Moore is the vice president of Marketing and Corporate Development for Energy Fuels. He oversees product marketing for Energy Fuels, and is closely involved in mergers & acquisitions, investor relations, public relations, and corporate legal. He has been with Energy Fuels for over 12 years, holding various roles of increasing responsibility. Prior to joining Energy Fuels, Moore worked in multi-family real estate development, government relations and public affairs, production homebuilding, and private law practice. Moore is a licensed attorney in the State of Colorado. He holds Juris Doctor and MBA degrees from the University of Colorado at Boulder, and a Bachelor of Arts dual degree in Economics-Government from Claremont McKenna College in Claremont, California.

Energy Fuels Inc. (UUUU), closed Monday’s trading session at $9.13, off by 2.3529%, on 3,031,761 volume. The average volume for the last 3 months is 3.001M and the stock's 52-week low/high is $4.32/$11.39.

Recent News

Mullen Automotive Inc. (NASDAQ: MULN)

The QualityStocks Daily Newsletter would like to spotlight Mullen Automotive Inc. (MULN).

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has promoted John Taylor to the role of senior vice president of Global Manufacturing and Strategic Planning; Taylor had been serving as vice president of manufacturing for Mullen since January. Throughout his career, Taylor has gained impressive experience, including the management of several plant start-ups and more than 12 vehicle launches in the United States and around the world. Taylor began his career with General Motors where he served as launch manager, operations manager, and machine and equipment manager, was involved with 11 major automotive vehicle launches. Taylor joined Tesla in 2010 as one of the company’s first 50 employees, leading the advanced manufacturing engineering group. Taylor played a key role in the opening of Tesla’s Fremont facility, overseeing manufacturing operations for the Tesla Model S and managing architecture for future EV projects. “John brings a wealth of experience in the EV manufacturing space. He plays a critical role in the ongoing setup and expansion of Mullen’s Advanced Manufacturing and Engineering Center in Tunica, Mississippi,” said Mullen Automotive CEO and chair David Michery in the press release. “John's international manufacturing experience will come into play as he strategizes and evaluates Mullen's other domestic and international manufacturing opportunities.” To view the full press release, visit https://ibn.fm/DHCCp

Mullen Automotive Inc. (NASDAQ: MULN) is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership.

Commencement of Trading on Nasdaq

On November 5, 2021, Mullen announced its commencement of trading on the Nasdaq Capital Market.

“Today is a monumental day for Mullen Automotive. I am especially proud of our team, investors and all who have believed in Mullen and taken us to this point as a publicly traded company on the Nasdaq Capital Market,” David Michery, CEO and Chairman of Mullen Automotive, stated in the news release. “Trading on Nasdaq now opens us up to new investors, both institutional and retail shareholders, and broadens our awareness and company profile, while increasing awareness of Mullen and our technology platform and opening new opportunities in EV and beyond. The road ahead has never been brighter for Mullen, and I am proud to lead us into the future.”

The milestone came in the wake of the company’s stock-for-stock merger with Net Element Inc.

The Mullen FIVE

The Mullen FIVE EV Crossover, debuting at the Los Angeles International Auto Show (LAIAS) on November 17, 2021, embodies Mullen’s Southern California roots with an inspired design focused on two complementary Golden State themes – California landscape and California urban.

The FIVE is built on an EV Crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelte design that is Strikingly Different™ and exciting to experience in person.

Prior to the start of LAIAS, the Mullen FIVE was selected as a finalist by the LA Auto Show for Top EV SUV in the ZEVA “People’s Choice” Awards.

LAIAS provides Mullen an opportunity to display multiple variants of the FIVE model while also showcasing its powertrain, battery and charging technology. The company intends to bring the FIVE to market in 2024, and reservations are currently open here.

Mullen’s development portfolio also includes EV Fleet Vans, which it intends to bring to market in Q2 2022, and the pure electric, high performance Mullen DragonFLY.

Expansion of Manufacturing Capacity

On November 2, 2021, Mullen announced plans to expand its facility in Robinsonville, Mississippi.

Mullen’s Advanced Manufacturing and Engineering Facility (AMEC) currently occupies 124,000 square feet of manufacturing space. The total available land on the property is over 100 acres, and Mullen is moving ahead with plans to build out another 1.2 million square feet of manufacturing space to support class 1 and class 2 EV cargo vans and the Mullen FIVE EV Crossover.

On the expanded site, Mullen plans to build a body shop, a fully automated paint shop and a general assembly shop.

EV Market Outlook

The global EV market was reported to consist of 3,269,671 units in 2019, a figure that is expected to grow at a CAGR of 21.1% through 2030 to a total of 26,951,318 units worldwide. This market’s monetary value was estimated at $162.34 billion in 2019 and is expected to grow at a CAGR of 22.6%, resulting in an approximate value of $802.81 billion by 2027. The primary driver for this exponential growth is a worldwide increase in vehicle emissions regulations.

Management Team

David Michery is the CEO and Founder of Mullen and has been leading the company and its divisions since inception in 2014. With over 25 years of executive management, marketing, distressed assets, and business restructuring experience, Mr. Michery brings a wealth of relevant knowledge and expertise to the Mullen brand. He has notably created 12 trademarks so far to develop the company brand and vision.

Mr. Michery is working toward a sustainable future accessible to all by creating a suite of clean-energy electric vehicles at varied price points. With entirely U.S.-based manufacturing and operations, he is also determined to have Mullen Technologies play a role in shaping a self-sustaining local economy by creating more jobs in America.

Mr. Michery manages risks and company expectations as a pathway to success and has personally overseen several businesses that totaled over $1 billion in transactions. His key strength is the ability to be fiscally responsible and lead teams to complete projects on time and within budget. As a seasoned professional in this space, Mr. Michery has demonstrated skill in building businesses from the ground up and into successful entities that subsequently sold for hundreds of millions of dollars.

Mullen Automotive Inc. (MULN), closed Monday’s trading session at $2.86, off by 0.348432%, on 92,026,595 volume. The average volume for the last 3 months is 90.263M and the stock's 52-week low/high is $0.52/$15.90.

Recent News

Hollywall Entertainment Inc. (OTC: HWAL)

The QualityStocks Daily Newsletter would like to spotlight Hollywall Entertainment Inc. (OTC: HWAL).

  • Hollywall Entertainment Inc. is a widely diversified technology and broadcasting company, with revenue streams derived from an extensive catalog of music, film, television, software and game library rights
  • The company is dedicated to ensuring rural communities largely bereft of reliable communications technology embodied in broadband Internet are able to gain access to quality and affordable services
  • The war in Ukraine has served to highlight the importance of Internet access beyond mere entertainment value, as the country’s citizens struggle to maintain “life-saving services online"

Amid the disruptions to society and normal daily activity engendered by the war in Ukraine, the difficulty in maintaining “life-saving services online” and efforts to provide solutions for Ukraine’s citizens highlight the vital importance of delivering Internet access amid crisis (https://ibn.fm/n2csu). While the United States is by no means beset with the armed invasion of a foreign nation, concerns about ensuring “digital equity” through access to the Internet and its resources have long been a focus of telecommunication and broadcasting company Hollywall Entertainment (OTC: HWAL). And with passage of the infrastructure legislative package urged by President Joe Biden last year, the government has become more of a player than ever. 

Hollywall Entertainment Inc. (OTC: HWAL) is a telecommunication, media, technology, broadcasting and entertainment company. Through various subsidiaries, Hollywall maximizes rights to its music, film, television, software and game libraries. Hollywall owns exclusive and nonexclusive rights to market, manufacture and distribute music master recordings performed by multiple platinum-selling acts.

Hollywall was founded in 2009. The company currently has two corporate offices – one in Washington D.C. and the other in New York City.

Hollywall Entertainment Inc. (Hollywall) Subsidiaries

Hollywall has a portfolio of operating subsidiaries spanning various industries, including infrastructure development, 5G and telecommunications, broadcasting, education, media and entertainment.

Hollywall is a minority majority-controlled consortium enterprise company led by founder and President/CEO Darnell Sutton, a highly recognized visionary and award-winning business and social leader.

HWAL continues to expand its business enterprise to numerous city and state municipalities and government agencies throughout the country, including: Washington DC, New York, Virginia, Massachusetts, Pennsylvania, Texas and California, as well as within the Blackbelt regions of Alabama, Louisiana, Mississippi, Georgia and North Carolina, leading the way in developing and implementing solutions to work toward closing the broadband digital divide that has been forced upon the most vulnerable in underserved urban and rural communities nationwide.

Hollywall Development Company (“HWDC”)

HWDC builds, restores and creates “smart” cities/communities and fiber networks throughout the U.S. HWDC services, initiatives and investments include broadband and 5G networks, IOT, smart city technologies, energy, tele-medicine, tele-education, transportation, clean water, waste management and the development of green environments.

HWDC employment growth opportunities continue to attract the industry’s best, brightest and most seasoned corporate executives to join its staff, as well as its ongoing efforts to develop highly effective and profitable strategic partnerships with investment banks, global capital funds, public financial and wealth management firms, construction and engineering companies, telecommunications companies, federal agencies, state and local governments, nonprofits, faith-based organizations and housing authorities.

HWDC’s Smart Cities division aims to provide various services and solutions, such as fiber-optic networking, data centers, smart kiosks, charging stations, security and camera systems, smart traffic monitoring, emergency alert systems, gunshot detection, backup power solutions, smart connected buildings, connected and autonomous vehicles, intelligent transportation systems, advertising and more.

HW Vision and Omnipoint Technology Inc.

Hollywall Entertainment advanced its technological footprint by acquiring top United States telecommunications firm Omnipoint Technology Inc. in 2020. Through the formation of a new wholly owned subsidiary, HW Vision, Hollywall intends to offer state-of-the-art services in the continuously growing digital marketplace, such as:

  • 5G and Fiber Network installation services
  • Affordable high-speed internet access
  • Telehealth services
  • Domain hosting
  • Web conferencing
  • Managed internet services
  • Nationwide unlimited talk, text and data cellphone plans
  • Video broadcasting

In conjunction with its Omnipoint Technology partner, HW Vision has created and developed unique branding for streaming media programming, live television and on-demand content. Offerings from the HW Vision brand are expected to be available for purchase early in 2021.

Hollywall Entertainment Digital Music Network and Hollywall TV

The Hollywall Entertainment Digital Music Network (“HW Network”) has been constructed to sell single song downloads, artist album downloads and ringtones, as well as licensing music for commercial use. Hollywall Music is an owner of legacy music and video collector sets that are distributed to retail, wholesale and download or streaming services. This music library has been protected for over 20 years, and it contains some of the rarest and most coveted unpublished records by legends in the music industry.

Market Outlook

Covering various industries that are continuously expanding, such as telecommunications, media, technology, construction, infrastructure, entertainment and broadcasting, Hollywall is uniquely positioned to secure a prominent role and leverage continued growth opportunities for its subsidiaries.

The 5G sector alone could generate significant interest and market opportunities for Hollywall via HWDC and its community-focused initiatives, including the development of smart cities. The global 5G market was estimated at $41.48 billion for 2020 and is expected to reach an impressive $414.5 billion by 2027, expanding at a CAGR of 43.9% (https://ibn.fm/mgXIu).

Management Team

Darnell Sutton is the Founder, CEO and Chairman of Hollywall Entertainment Inc. Mr. Sutton has over 40 years’ experience with many talents and vast experience as a veteran in the music recording industry, publishing, distribution, live entertainment, television, broadcasting, film and sports athlete, TV/film celebrity and artist management.

Darnell Sutton has represented and worked with some of the greatest athletes and entertainers of our time, including the “King of Pop” Michael Jackson, former heavyweight boxing champion Mike Tyson, current Welterweight Boxing Champion Floyd Mayweather, tennis superstar Serena Williams, Julius “Dr. J” Erving and incomparable multiple Grammy award-winning performers such as The Jacksons, Patti Labelle, Roberta Flack, MC Hammer, Dionne Warwick and Mariah Carey… just to name a few.

“Darnell Sutton, is one of the most exciting master communicators, creative developers and innovators of our time”…says, Tom Stein, Success Magazine.

“After many years of developing, producing and acquiring some of the world’s finest entertainment properties, we are honored to present Hollywall Entertainment companies to the marketplace. We are thrilled to join forces and work with some of the most brilliant and talented Hollywood and Wall Street executives, who have a combined shared experience of industry-recognized excellence,” Sutton said in a news release.

Roxanna Green is the Chief of Staff for Hollywall Entertainment Inc. She has over 30 years of diverse background experience ranging from corporate management to finance. Her experience includes providing corporate legal and financial guidance to both public and private companies, as well as spearheading audits, merger and acquisition negotiations, branding, marketing and public relations initiatives. She has spent the majority of her 30 years in the entertainment and media industry. She has worked with diverse institutions such as banks and securities firms, among others.

Hollywall Entertainment Inc. (OTC: HWAL), closed Monday’s trading session at $0.7489, off by 0.146667%, on 60,648 volume. The average volume for the last 3 months is 60,648 and the stock's 52-week low/high is $0.40/$3.95.

Recent News

CNS Pharmaceuticals Inc. (NASDAQ: CNSP)

The QualityStocks Daily Newsletter would like to spotlight CNS Pharmaceuticals Inc. (NASDAQ: CNSP).

  • The three-day event showcased CNS through corporate presentation, fireside chat, and live question and answer sessions
  • CNS has been granted both Orphan Drug Designation and Fast Track status from the FDA for Berubicin in 2020 and 2021, respectively
  • CNS initiated a potentially pivotal global trial of Berubicin for recurrent Glioblastoma Multiforme (“GBM”) with the dosing of the first patients in the trial during 3Q 2021
  • At the end of 2021, CNS gained approval from swissethics to initiate trial sites in Switzerland for the global trial of Berubicin
  • Virtual event participation can be found on the CNS website under “Events”

CNS Pharmaceuticals (NASDAQ: CNSP), a clinical-stage biotech company specializing in the development of novel treatments for primary and metastatic cancers of the brain and central nervous system, recently participated in the 2022 Virtual Growth Conference presented by the Maxim Group LLC and hosted by M-Vest from March 28-30. CEO of CNS, John Climaco, represented the company, sharing the corporate presentation and participating in a fireside chat that was moderated by Jason McCarthy, PhD, Head of Biotechnology Research at Maxim Group. The CNS corporate presentation was made available on-demand to those attending the virtual summit. 

CNS Pharmaceuticals Inc. (NASDAQ: CNSP) is a clinical stage biotechnology company specializing in the development of novel treatments for primary and metastatic cancers of the brain and central nervous system.

The company was founded in 2017 and is headquartered in Houston, Texas.

Organ Targeted Therapeutics

The company’s lead drug candidate, Berubicin, is proposed for the treatment of glioblastoma multiforme (“GBM”), an aggressive and incurable form of brain cancer. Berubicin also has potential to treat other central nervous system malignancies. Based on limited clinical data, Berubicin appears to be the first anthracycline to cross the blood brain barrier in the adult brain, and it was the subject of a successful Phase 1 study which found the MDT and produced efficacy data as well.

CNS holds a worldwide exclusive license to the Berubicin chemical compound. The company has acquired all requisite data and know-how from Reata Pharmaceuticals Inc. related to a completed Phase I clinical trial of Berubicin in malignant brain tumors. In this trial, 44% of patients experienced a statistically significant improvement in clinical benefit. In 2017, CNS entered into a collaboration and asset purchase agreement with Reata.

CNS intends to explore the potential of Berubicin to treat other diseases, including pancreatic and ovarian cancers and lymphoma. The company is also examining plans to develop combination therapies that include Berubicin.

CNS estimates that more than $25 million in private capital and grants were invested in Berubicin prior to the company’s $9.8 million IPO in November 2019.

CNS intends to submit an IND for Berubicin during the fourth quarter of 2020 and expects to commence a Phase II clinical trial of Berubicin for the treatment of GBM in the U.S. in Q1 2021. A sub-licensee partner was awarded a $6 million EU/Polish National Center for Research and Development grant to undertake a Phase II trial of Berubicin in adults and a first-ever Phase I trial in pediatric GBM patients in Poland in 2021.

The company’s second drug candidate, WP1244, is a novel DNA binding agent licensed from the MD Anderson Cancer Center. In preclinical studies, WP1244 proved to be 500-times more potent than the chemotherapeutic agent, daunorubicin, in inhibiting tumor cell proliferation. The company has entered into a sponsored research agreement with the MD Anderson Cancer Center to further the development of WP1244.

CNS Pharmaceuticals recently engaged U.S.-based Pharmaceutics International Inc. and Italian BSP Pharmaceuticals SpA for the production of the Berubicin drug product. The company has implemented a dual-track manufacturing strategy to mitigate COVID-19-related risks, diversify its supply chain and provide for localized availability of Berubicin. CNS has already completed synthesis of Berubicin’s active pharmaceutical ingredient (API) and has shipped the API to both manufacturers in order to prepare an injectable form of Berubicin for clinical use.

Global Brain Tumor Therapeutics Market

The high recurrence rate of malignant brain tumors is due to reappearance of focal masses, indicating that a sub-population of tumor cells in these cancers may be insensitive to current therapies and may be responsible for reinitiating tumor growth. This necessitates the development of newer drugs in the market that demonstrate greater efficacy in treating such aggressive cancers.

A global increase in neurological disorders has placed increased attention on cancers of the brain over the past decade. Neurological disorders are becoming one of the most prevalent types of disorders, due to longer life expectancy, greater exposure to infection and an increasingly sedentary lifestyle. Because few treatments for primary and metastatic cancers of the brain exist, costs are high and have acted as a restraint for the brain tumor therapeutics market.

Despite progress in surgery, radiotherapy and chemotherapeutic strategies, effective treatments for brain cancer are limited by a lack of specific therapies for the brain and the difficulty in transporting therapeutic compounds across the blood brain barrier. Therefore, there is a significant need for novel and effective therapeutic drugs and strategies that prolong survival and improve quality of life for brain tumor patients.

Several companies are making significant investments into R&D, which is expected to bring more treatment options to the market in the near future. Industry reports consistently project continued growth in the market.

One report estimates that the global brain tumor therapeutics market will reach a valuation of $2.74 billion in 2023, with the market expected to register a CAGR of 11% during the forecast period from 2018 to 2023. Another report projects that the global brain tumor therapeutics market will reach $3.4 billion by 2025, up from $2.25 billion in 2019 (http://nnw.fm/eDUjp).

Management Team

John M. Climaco is the CEO of CNS Pharmaceuticals. For 15 years, Climaco has served in leadership roles for a variety of health care companies. Recently, Climaco served as the Executive Vice President of Perma-Fix Medical S.A, where he managed the development of a novel method to produce Technitium-99. Climaco also served as President and CEO of Axial Biotech Inc., a DNA diagnostics company. In the process of taking Axial from inception to product development to commercialization, Climaco forged strategic partnerships with Medtronic, Johnson & Johnson and Smith & Nephew.

Christopher Downs, CPA, is the company’s Chief Financial Officer. Downs previously served as Interim Chief Financial Officer and Executive Vice President of InfuSystem Holdings Inc. (NYSE: INFU), a supplier of infusion services to oncologists in the United States. Downs holds a Bachelor of Science from the United States Military Academy at West Point, an MBA from Columbia Business School and a Master of Science in Accounting from the University of Houston-Clear Lake.

Dr. Donald Picker is the Chief Scientific Officer of CNS. Picker has over 35 years of drug development experience. Prior to joining CNS, Picker worked at Johnson Matthey, where he was responsible for the development of Carboplatin, one of the world’s leading cancer drugs, which was acquired by Bristol-Myers Squibb with annual sales of over $500 million. In addition, he oversaw the development of Satraplatin and Picoplatin, third-generation platinum drugs currently in late-stage clinical development.

Sandra L. Silberman, M.D., Ph.D., is the Chief Medical Officer of CNS Pharmaceuticals. Silberman is a hematologist/oncologist who earned her B.A., Sc.M. and Ph.D. from the Johns Hopkins University School of Arts and Sciences, School of Public Health and School of Medicine, respectively, and her M.D. from Cornell University Medical College. She then completed both a clinical fellowship in hematology/oncology and a research fellowship in tumor immunology at the Brigham & Women’s Hospital and the Dana Farber Cancer Institute in Boston, Massachusetts. Silberman has played key roles in the development of many drugs, including Gleevec(TM), for which she led the global clinical development at Novartis. Silberman advanced several original, proprietary compounds into Phases I through III during her work with leading biopharmaceutical companies, including Bristol-Myers Squibb, AstraZeneca, Imclone and Roche.

CNS Pharmaceuticals Inc. (NASDAQ: CNSP), closed Monday’s trading session at $0.3311, off by 2.6176%, on 410,830 volume. The average volume for the last 3 months is 410,830 and the stock's 52-week low/high is $0.2453/$2.68.

Recent News

Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF)

The QualityStocks Daily Newsletter would like to spotlight Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF).

Playgon Games (TSX.V: DEAL) (OTCQB: PLGNF) (FSE: 7CR) is a propriety software-as-a-service (“SaaS”) technology company delivering mobile live dealer technology (VegasLounge(TM)) to online gaming operators globally. The company announced that it has gone live with five new operators since its last update on Jan. 20, 2022, resulting in a total of 35 operators utilizing Playgon’s technology with additional commitments continuing to formalize through direct and indirect sales channels. With the recent on-boards, Playgon has reached another player activity milestone with a record number of 23,700 monthly unique players in February and 2,580,000 monthly wagers (betspots) with an average wager per user of CA$100.00. These results indicate the company has a good mix of regular and VIP players accessing its games through operator accounts and enjoying its VegasLounge(TM). “It has been a busy start of the year,” said Guido Ganschow, president of Playgon Interactive. “In addition to our positive momentum with operator on-boards and player activity, our integration team is in full swing and currently working on five new direct integrations simultaneously with more in queue.” To view the full press release, visit https://ibn.fm/5sAlL

Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) is a SaaS technology company focused on developing and licensing digital content for the growing global iGaming market. The company provides a multi-tenant gateway that allows online operators the ability to offer their customers innovative iGaming software solutions. Its current software platform includes Live Dealer Casino, E-Table Games and Daily Fantasy Sports. Seamless integration at the operator level allows customer access without requiring the sharing of any sensitive customer data. Playgon games run on any browser and any device as fast and secure as a native app, without requiring any app store download. All that’s needed is a stable internet connection. The gaming experience is identical across all mobile devices. As a true business-to-business digital content provider, the company’s products are scalable turnkey solutions for online casinos, sportsbook operators, location-based operators, media groups, and big database companies.

Playgon’s proprietary technology provides digital games for online gambling sites and mobile device apps, with the company licensing its mobile live-dealer technology to online gaming operators worldwide. Playgon combines high definition live streaming dealers with state-of-the-art augmented reality betting to provide the most authentic casino experience, live from Las Vegas. Playgon’s mobile platform features popular table games, all optimized for one-handed play on mobile devices.

The COVID-19 pandemic has accelerated an already existing shift away from location-based casinos to online gambling. At the same time, the proliferation of mobile devices has provided players with new access to betting. A younger, tech-savvy consumer demographic is driving adoption of digital gaming globally. To meet this demand, Playgon has launched a studio with 10 gaming tables from which its live dealer streaming video originates. The company’s platform is live with multiple online casino operators through four aggregator clients in South Africa and Europe, and commitments are coming in from more.

Playgon plans to expand the studio to 25 tables in the near term and is working to establish a U.S. strategy. The company will continue to expand licensing of its live dealer games to iGaming operators worldwide under a SaaS license agreement. As a B2B software supplier, Playgon avoids player acquisition costs.

Games

Live Dealer Casino

Playgon offers the first and only Live Dealer Casino streaming live from Las Vegas. The company brings cutting-edge handheld features and functionality to the mobile generation of gaming enthusiasts who demand a world-class gaming experience on all devices. Playgon’s Blackjack delivers the look and feel of location-based casino tables with features providing players with the most unique user experience. The company’s true-to-life Roulette offers players a clear and uninterrupted view of the dealer, wheel, ball, bets, results, trends and statistics. Players can strategize, place multiple bets, track results and review trends without ever losing focus of the game.

Playgon’s traditional Baccarat and proprietary Tiger Bonus Baccarat™ prove their worth by not only recognizing the need for a prominent product, but by adding elements which separate them from the pack without removing their authenticity. The games mix advances in technology with the traditional game attributes that have resonated and captivated players for hundreds of years.

eTable Games

To lead the rise of mobile-first gaming, Playgon developed a user experience perfected for one-handed play. Providing this next evolution in gaming technology ensures the company’s client operators loyalty from existing customers and is a powerful strategy to attract and retain new players. Playgon’s VEGAS LOUNGE™ brings together an innovative mix of games, technology and gameplay that offers players an authentic experience and real Las Vegas casino fun every time, everywhere.

Daily Fantasy Sports

Playgon’s Daily Fantasy Sports (DFS) are a subset of fantasy sport games which typically target a younger demographic. DFS provides iGaming operators a turnkey fantasy sports platform that can quickly go to market, integrate with the operator’s existing operations and services, and be customized to match and enhance the operator’s brand. The platform is mobile and desktop friendly, built for regulated market environments, and allows operators to monetize users through a network of shared liquidity.

Market Outlook

Online casinos and sports betting sites/apps are increasingly adding market share to traditional location-based casinos. This trend is only expected to accelerate as millennials reach their peak earning years and Gen Z youth begin to complete their education and move into careers. These generations are completely comfortable with online recreation, as well as tech like digital wallets and digital gameplay that underpins Playgon Games. The company has been described as “Netflix + Vegas, all in one.”

The online gambling market is slated to reach a value of $127.3 billion by 2027, according to Grand View Research, with much of the growth expected from the U.S. and Asia. Even Europe, the most mature gaming market, is expected to grow at a rate of 20-25 percent year over year. The current global online Live Casino TAM is estimated at about $6 billion annually, and revenue is forecast to reach more than $8 billion by 2023 and more than $13 billion by 2027.

Management Team

Darcy Krogh is CEO of Playgon Games. He is a veteran of the iGaming industry with over 20 years of experience. In 1999, he co-founded Chartwell Technology Inc., which pioneered the development of browser-based digital content for the iGaming industry. After that company was sold to Amaya Gaming Group, he served as VP Business Development with Amaya. In 2016, he started Playgon Games (formally Global Daily Fantasy Sports Inc.) as President and CEO. His experience in the online gaming industry includes sales and marketing, relationship management, corporate finance, M&A, and strategic corporate development.

Guido Ganschow is President of Playgon Interactive. He has more than 12 years of experience in creating real-time Live Dealer technology and platforms and was the co-founder and Creative Director for a Macau-based casino consortium. Between 2008 and 2014, he successfully created and established Live Dealer platform businesses in Asia and Europe, and executed commercial partnerships, sales, and integration of the Live Dealer solution with major global gaming brands, including Ho Gaming Group, Chartwell Technology and Amaya Gaming Group.

Steve Baker is COO of Playgon. He is a former VP Operations for Shaw Communications, where he was directly involved in video streaming, home entertainment, new products, sales and M&A. He oversaw revenue growth from $300 million to $2.8 billion and employee growth from 350 to 13,000. He has broad experience and a proven record in development and implementation of cost effective and efficient growth strategies transitioning businesses from development to operations.

Harry Nijjar is CFO of Playgon Games. He is currently a Managing Director with Malaspina Consultants Inc. and provides CFO and strategic financial advisory services to his clients across many industries. This experience has allowed him to help his clients successfully navigate the regulatory and financial environments within which they operate. Mr. Nijjar holds a CPA-CMA designation from the Chartered Professional Accountants of British Columbia.

Playgon Games Inc. (PLGNF), closed Monday’s trading session at $0.13134, off by 4.688%, on 35,340 volume. The average volume for the last 3 months is 35,340 and the stock's 52-week low/high is $0.1092/$0.49.

Recent News

Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF)

The QualityStocks Daily Newsletter would like to spotlight Mydecine Innovations Group Inc. (MYCOF).

New research has found that the experiences of people who talked about and reported nonsuicidal self-injury on Reddit are similar to individuals who have been diagnosed with substance use disorder. Individuals who posted on a self-injury forum titled r/self-harm in 2010–2019 cited an increase in tolerance or severity and often referred to their activities as an addiction. These are terms that are regularly used by individuals recovering from substance use disorders. Figures estimate that about 7% of adults, 12% of young adults and 17% of adolescents report a history of nonsuicidal self-injury. Currently, there exists no standard approach for the condition’s treatment. The analysis by the NIDA makes a strong case for expediting the development of more effective treatments for different forms of addiction, and R&D conducted by companies such as Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) (FSE: ONFA) offers hope that novel remedies for addiction could soon get regulatory approval and hit the market.

Mydecine Innovations Group Inc. (NEO: MYCO) (NASDAQ: MYCOF) is a biotechnology and digital technology company aiming to transform the treatment of mental health disorders and addiction. Founded in 2020 on the guiding principle that there is a significant unmet need and lack of innovations in the mental health and therapeutic treatment environments, Mydecine is dedicated to efficiently developing innovative first- and second-generation novel therapeutics to treat PTSD, addiction and other mental health disorders.

Mydecine’s business model combines clinical trials and data outcome, technology and scientific and regulatory expertise with a focus on psychedelic therapy underpinned by novel molecules with differentiated therapeutic potential. By collaborating with some of the world’s foremost authorities connected by best practices, Mydecine aims to responsibly fast-track the development of new medicines across its platforms, ultimately changing the way we treat mental health disorders. The company seeks to bridge the gap between the needs of patients and what the mental health care system currently provides.

Mydecine Innovations Group is headquartered in Denver with international offices in Canada and Europe.

Research and Technology

The invention and development of novel psychedelic and non-psychedelic molecules for medical use is an important part of Mydecine’s research strategy. The company uses molecules found in nature as building blocks to create improved second-generation drugs. This portfolio of new drugs represents major improvements to existing natural products and synthetics, including enhanced safety, efficacy, stability and dosing, as well as reduced side effects.

The goal of creating these improved second-generation compounds is to enable safer, more effective treatments for patients, along with improved management of dosage and drug behavior for clinicians. Mydecine believes the multibillion-dollar market for mental health and addiction disorder medicines will soon be disrupted amid a resurgence of the study into psychedelics and data showing the immense benefits of these forms of medicine.

The company currently has four lead drug candidates which include various enhancements such as improved controllability, delivery mechanisms, safety, stability and shelf-life. The drug candidates are in clinical trials or in pre-trial stage as potential treatments to aid PTSD, substance abuse and smoking cessation.

Mindleap Health is a wholly owned subsidiary of Mydecine. The Mindleap platform is a virtual community that aims to foster the conscious and responsible adoption of psychedelic medicine into inner wellness. Users access the platform through the Mindleap app. Mindleap provides users with inner wellness resources to assist them in their daily mental-health journeys. The platform also seeks to support the conscious and trustworthy adoption of psychedelics into a widely accepted approach to mental health and inner wellness.

Market Outlook

The global smoking cessation market is expected to reach $63.99 billion by 2026, growing at a CAGR of 16.9 percent from 2018 to 2026. The market for psychedelic therapeutics is in its very early stages. Estimates of current market value and forecasts of expected value in future years are all over the map. Market forecasts range from $6.5 billion by 2030 with a CAGR of 15 percent, to more than $69 billion as soon as 2025, at a CAGR of 8.2 percent. What is clear is that interest in psychedelic therapeutic drugs is expanding rapidly.

Management Team

Joshua Bartch is Chief Executive Officer and Chairman of Mydecine Innovations Group. He is an experienced entrepreneur who co-founded AudioTranscriptionist.com and founded Denver-based dispensary Doctors Orders in 2009. He also founded a boutique investment firm that operated throughout the U.S. and Canadian markets. In 2014, Bartch co-founded Cannabase.io, the USA’s most significant and sophisticated legal cannabis wholesale platform.

Dr. Rakesh Jetly, OMM, CD, MD, FRCPC, is the Chief Medical Officer of Mydecine. He was formerly Chief of Psychiatry for the Canadian Armed Forces, retiring in 2021 with the rank of colonel after 31 years of service. He began his career as a general duty medical officer and flight surgeon and spent his final 20 years of service as a psychiatrist. He maintains academic appointments at Dalhousie University and The University of Ottawa. He is the inaugural CF Brigadier Jonathan C. Meakins CBE, RCMAC, Chair in Military Mental Health at the Royal Ottawa Hospital.

Robert Roscow is Chief Scientific Officer of Mydecine. As a geneticist, he has spent his academic and professional careers looking for valuable and unique medicinal molecules found in nature. His innovations were applied at Canopy Growth and ebbu, where he ran those companies’ genetics divisions. He has leveraged his expertise to maximize industrial production of cannabinoids in a pharmacological context, resulting in multiple patent filings.

Damon Michaels is Chief Operating Officer of Mydecine. He previously consulted for various hemp businesses through his company, Emerald Baron. Before that, he served as GM for ebbu, the leading multi-platform cannabinoid research and technology firm based in Colorado. He has held leading roles with multiple large brands throughout the cannabis vertical. He also developed a national snowboard brand.

Mydecine Innovations Group Inc. (MYCOF), closed Monday’s trading session at $0.075, off by 4.943%, on 599,942 volume. The average volume for the last 3 months is 599,942 and the stock's 52-week low/high is $0.01/$2.20.

Recent News

Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF)

The QualityStocks Daily Newsletter would like to spotlight Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF).

  • Delic Holdings Co-founder and CEO, Matt Stang, will take part in three upcoming conferences – the Scottdale Capital Event, the Planet MicroCap Showcase, and the H.C. Wainwright Annual Global Life Sciences Conference
  • In presentations and one-on-one meetings, Stang will discuss Delic’s new revenue lines and strategic outlook for the remainder of the year
  • During a recent interview on The Jesse Tee Show, Stang noted the company intends to scale its ketamine clinics as well as build infrastructure to accommodate expanded psychedelic healing
  • The company hopes to utilize its expanded infrastructure to help destigmatize mental health conditions

Delic Holdings (CSE: DELC) (OTCQB: DELCF), a company on a mission to provide research, high-quality products, education, and effective treatment options and reframe the psychedelic conversation, recently revealed its Co-founder and CEO, Matt Stang, will take part in a series of upcoming investor conferences scheduled for this spring (https://ibn.fm/PgYbu). Staggered between April and May, the events will see Stang share the company’s new revenue lines and strategic outlook for the rest of the year. Earlier this week, activists in the state of Michigan began a signature drive to collect signatures to place an initiative to legalize the sharing, possession and cultivation of psychedelics on the coming statewide ballot. Students for Sensible Drug Policy, a youth-led organization, and the Decriminalize Nature chapter in Michigan are collaborating in this effort. The measure would establish a system for the spiritual and therapeutic use of psychedelic substances. The legislation also permits counseling, spiritual, harm reduction, therapeutic, guidance, supervision and associated supportive services. As more jurisdictions reform their psychedelics policies, we are likely to see more companies such as Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) setting up shop and offering a variety of options in the therapeutic application of psychedelic compounds.

Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) is the leading psychedelic wellness platform, committed to bringing science-backed benefits to all and reframing the psychedelic conversation. The company owns and operates an umbrella of related businesses, including trusted media and e-commerce platforms like Reality Sandwich and Delic Radio; Delic Labs, the only licensed entity by Health Canada to exclusively focus on research and development of psilocybin vaporization technology; Meet Delic, the premiere psychedelic wellness event; and Ketamine Infusion Centers, one of the largest ketamine clinics in the country.

Delic is backed by a team of industry and cannabis veterans and a diverse network, whose mission is to provide education, research, high-quality products, and treatment options to the masses. Its founders helped build the multi-billion-dollar cannabis industry and aim to do the same in psychedelics as it follows a similar path toward legalization. In its quest to advance the new psychedelic renaissance upon us, Delic has become the pioneer in its field, creating an ecosystem of opportunities by investing in cutting-edge ideas.

The Vancouver-based company was formed in 2019 to address the growing interest in psychedelic wellness backed by science. Delic was the ‎first psychedelic umbrella platform. It is currently a trusted source for those interested in ‎psychedelic culture, education, treatments, and more.

While other emerging companies focus on patent medicine and big pharma for substances limited by government regulation, Delic is blazing a unique trail. It identifies ancillary and fully legal opportunities like IP, new media, live events, ketamine clinics (with the ability to offer additional psychedelic treatments once legalized, and large-scale production and brings them under its big tent of resources and reach.

The Big Problems Delic Is Addressing

  • Fifty percent of Americans will meet the criteria for a mental health condition sometime in their lifetime. The FDA has approved psilocybin therapy as a breakthrough therapy for depression.
  • Every 40 seconds, someone in the world commits suicide. Ketamine has been shown to decrease thoughts of suicide significantly. In 2019, the FDA approved esketamine as a fast-acting antidepressant.
  • Traditional palliative care methods do not eradicate end-of-life (EOL) anxiety. LSD and psilocybin have been shown to reduce EOL anxiety for terminally ill patients. Eighty percent of terminally ill patients with psilocybin sessions experienced significant reductions in depression and anxiety.
  • Approximately 50 million people in the U.S. are addicted to some tobacco product. Research shows that psilocybin is helping people quit smoking.

The Delic Ecosystem

The Delic Ecosystem covers three main areas: media, health, and science. The media focus is educating and motivating the masses through a variety of digital platforms, like Delic’s Reality Sandwich digital magazine, a free public education platform providing psychedelic guides, news and ‎culture (1.4+ million page views in 2020 and 54k social media followers across all platforms); Meet Delic, the first-ever psychedelic wellness summit and the premier psychedelic wellness event based in Las Vegas (over 2,000 live attendees and 5,000+ email subscribers); and Delic Radio (over 43 episodes and 100k total streams). Delic has also been featured in numerous media outlets like Forbes, NBC News, The Joe Rogan Experience, Daily Beast, High Times, and The Dr. Drew Podcast.

The focus of Delic’s health operations is the most accessible psychedelic treatments that can help billions of people live happier lives. Delic does this through one of the largest ketamine clinic chains in the country, Ketamine Infusion Centers (KICs), a limited liability corporation formed under the laws of Arizona that runs three ketamine clinics located in Bakersfield, California, and Phoenix, Arizona. Its management team has over 15 years of experience in the clinic and medical space, scaling and operating over 20 clinics, with a plan to open 10 more clinics in the next 18 months. Together, these clinics have overseen 4,000+ treatments delivered to date.

The focus of Delic’s science operations is developing IP and advanced extraction and testing facilities that are the backbone of the legal market. Delic carries this out through Delic Labs, a licensed cannabis and psilocybin research laboratory based in Vancouver. It’s the only entity licensed by Health Canada to exclusively focus on research and development of psilocybin vaporization technology.

Founded by award-winning chemists, Delic Labs focuses on extraction optimization, analytical testing, and chemical process development to advance the cannabis and psilocybin industries. Health Canada gave it a Section 56 Exemption to work with psilocybin compounds, allowing the company to possess and research these products for development and quality control before they hit the market.

Latest Acquisition – Homestead Book Company

On March 4, 2021, Delic announced its acquisition of Seattle-based Homestead Book Company. Homestead is a legacy counterculture distributor of psychedelic media. It’s also the creator of one of the first self-contained psilocybin mushroom grow kits.

The acquisition of Homestead is an exciting one, as it shows how Delic is increasing accessibility to this nascent industry within regulated jurisdictions. Homestead has sold tens of thousands of mushroom kits globally and was one of the earliest distributors for High Times and many other counterculture publications.

The Homestead acquisition allows Delic to increase its product offerings on its website, Reality Sandwich, which recently hit a record for average monthly traffic of over 200,000 unique visitors and over 2.6 million active readers in 2020.

Market Outlook

The psychedelic renaissance is here. Just in time to help address the global mental health crises, plant medicines have the potential to help billions of people live happier lives. Thanks to university-led and FDA-approved studies, North America is leading the way in advancing an industry as psychedelics are becoming accepted globally for therapeutic, medical, and recreational use. Here are some statistics:

  • 32 million people in the U.S. have used psychedelics at least once
  • 17% of all American adults between 21 and 64 have used psychedelics at least once
  • $500 billion is spent in the U.S. every year on prescription drugs
  • $238 billion is spent in the U.S. every year on mental health treatments and ancillary services
  • The anxiety disorder and depression treatment market is estimated at $16 billion
  • $187.8 billion was spent in 2013 on mental health and substance abuse disorders

Management Team

Delic Co-Founder and CCO Jackee Stang was an executive at High Times, a leading counterculture publication that became the voice for the cannabis industry. The monthly magazine had a circulation of over 500,000 copies per issue. Its website attracted 500,000 to five million users each month by 2014.

Likewise, company Co-Founder and CEO Matt Stang was a previous owner and operator of High Times, a position from which he played an instrumental in legalizing cannabis in multiple states and launched the Cannabis Cup in America. After interacting with the cannabis community for two decades, he helped found Delic in 2019 as one of the first psychedelic corporations. He shapes the company’s vision and path using his expertise in branding, marketing, business development, and product viability.

Delic’s VP of Business Development, John Coleman, Ph.D., is a former president of Anandia Labs, a biotech company focused on genetics and analytics. Having experience in both science and business, Dr. Coleman is well-equipped to lead Delic’s business development efforts as it strives to enter new vertical markets.

Zak Garcia is the company’s Chief Marketing Officer. He was the former CMO of Bulletproof Inc., maker of the well-known Bulletproof Coffee brand. Mr. Garcia is a marketing and leadership strategist who helped grow Bulletproof Coffee to over $250 million in revenue.

Delic Holdings Corp. (DELCF), closed Monday’s trading session at $0.044, off by 32.1459%, on 700,694 volume. The average volume for the last 3 months is 700,694 and the stock's 52-week low/high is $0.04045/$0.405.

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Why do we spotlight companies for Free?
We Want To bring our subscribers the top movers in an unbiased setting.

"Homework Eliminates Mistakes"
Please never invest in a company anyone profiles unless you do the proper research and due diligence.

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