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$CPTN TinyGemsBreaks – Cepton Inc. (NASDAQ: CPTN) Taking Lidar Mainstream, Enabling World’s Leading Automotive Companies to Integrate at Scale

Cepton (NASDAQ: CPTN) is a Silicon Valley innovator of lidar-based solutions for autonomous vehicle (“AV”) and advanced driver assistance system (“ADAS”) sectors. “Cepton leads the way in enabling the world’s leading automotive companies to integrate lidar at scale and transition to an increasingly adaptive, safety-centric future. Safety is at the forefront of ADAS/AV technology concerns, and the industry’s success hinges on the availability of perception solutions that accurately identify objects under various conditions… Dr. Jun Pei, CEO and co-founder of Cepton, believes lidar brings unparalleled vehicle perception by ‘seeing’ things in 3D instead of the standard 2D view produced by cameras. By being able to perceive depth, lidar provides additional information critical to maintaining vehicle safety and protecting pedestrians, structures and other objects within the vehicle’s surroundings,” a recent article reads. “Cepton is taking lidar mainstream by engaging with leading global automotive OEMs such as Ford Motor Company to make it a standard safety feature in all vehicles. According to a 2021 article by Ford, CPTN engaged with the company over several years for research, development and small-scale deployments. In addition to delivering custom lidar solutions for R&D on advanced ADAS features, Cepton also helped Ford deploy lidar solutions on select smart city projects.”

To view the full article, visit https://ibn.fm/EiD4L

About Cepton Inc.

Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (“ADAS/AV”), smart citiessmart spaces and smart industrial applications. With its patented lidar technology, Cepton aims to take lidar mainstream and achieve a balanced approach to performance, cost and reliability, while enabling scalable and intelligent 3D perception solutions across industries. Cepton has been awarded a significant ADAS lidar series production award with Koito on the General Motors business. Cepton is also engaged with all top 10 global OEMs. Founded in 2016 and led by industry veterans with decades of collective experience across a wide range of advanced lidar and imaging technologies, Cepton is focused on the mass market commercialization of high-performance, high-quality lidar solutions. Cepton is headquartered in San Jose, California, and has a center of excellence facility in Troy, Michigan, to provide local support to automotive customers in the Metro Detroit area. Cepton also has a presence in Germany, Canada, Japan, India and China to serve a fast-growing global customer base. For more information, visit the company’s website at www.Cepton.com.

NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

About About TinyGems

TinyGems is your guide to the best and brightest in the under-appreciated small-cap sector. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), TinyGems provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to reach millions of social media followers; and (5) a full array of corporate communications solutions. It’s time to uncover some of the best-kept secrets on Wall Street. TinyGems features innovative small-cap companies with huge potential, putting a spotlight on the best and brightest of these disruptors that have the technology, the talent, the drive, and the business models to make a huge impact in the markets and in portfolios. Whether it’s a game changing technology, a new more profitable product or service, or a star in a hot sector, TinyGems is the go-to source for actionable intelligence.

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Sunday, December 4th, 2022 News No Comments

$EVGIF GreenEnergyBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Eyes Expansion in Unique Landscape with ‘Really Strong Tailwind’

EverGen (TSX.V: EVGN) (OTCQX: EVGIF), a Canadian renewable energy company and Canada’s renewable natural gas (“RNG”) infrastructure platform, is leading RNG development by acquiring, developing, building, and operating a portfolio of RNG, waste-to-energy and related infrastructure projects. “The company aims to expand its network across the country with support from Canada’s energy sector – an environment that provides significant advantages compared to the United States… EverGen is expanding nationwide, starting in the West with three British Columbia projects and one in Alberta. With a focus on the East, the company recently acquired a 50% interest in Project Radius – a portfolio of RNG development projects in Ontario that can collectively produce approximately 1.7 million RNG GJ/year,” a recent article reads. “In Canada, we can build infrastructure with certainty of long-term contracted revenue. This is different from the U.S. model, which is reliant on carbon credits, which have a pricing mechanism that can be difficult to predict. What’s unique about this landscape and industry in Canada comes from what we see as a really strong tailwind for our business: the strength of the Canadian regulated gas utilities in terms of providing long-term offtake agreements for energy derived from these RNG projects,” EverGen CEO and Co-Founder Chase Edgelow is quoted as saying.

To view the full article, visit https://ibn.fm/pGDMf

About EverGen Infrastructure Corp.

EverGen, Canada’s RNG infrastructure platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the West Coast of Canada, EverGen is an established independent renewable energy producer, which acquires, develops, builds, owns and operates a portfolio of renewable natural gas, waste to energy and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond. For more information, visit the company’s website at www.EverGenInfra.com.

NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

About Green Energy Stocks

Green Energy Stocks (GES) is a specialized communications platform with a focus on companies working to shape the future of the green economy. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the InvestorBrandNetwork (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GES is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GES brings its clients unparalleled visibility, recognition and brand awareness. GES is where news, content and information converge.

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Sunday, December 4th, 2022 News No Comments

$LEXX Lexaria Bioscience Corp. (NASDAQ: LEXX) Moves Forward With Exploration of Patented DehydraTECH(TM)-Processed CBD for Dementia

  • Approximately 55 million people worldwide have dementia, which is expected to grow to 78 million by 2030
  • The dementia treatment market was valued at $13.78 billion in 2021. The market is expected to grow at a CAGR of 8.32%, resulting in a value of $26.13 billion by 2029
  • Clinical studies have established a connection between hypertension and dementia
  • With DehydraTECH(TM)-CBD already evidencing that it can lower blood pressure  and its propensity to cross the blood-brain barrier, Lexaria is investigating the potential for a positive outcome in the DEM-A22-1 study

According to the World Health Organization (“WHO”), dementia is the seventh leading cause of death among all diseases and one major cause of disability and dependency among older people worldwide. Dementia is characterized by the deterioration of cognitive function, affecting memory, thinking, orientation, comprehension, calculation, learning capacity, language, and judgment. Although consciousness is not impaired, it is commonly accompanied by mood changes, emotional control deficits, behavior changes, and motivational impairments. It is estimated that approximately 55 million people have dementia worldwide, a number expected to grow to 78 million by 2030 (https://cnw.fm/lYnyd).

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, is exploring its patented DehydraTECH(TM)-processed cannabidiol (“CBD”) for use against dementia. As previously evidenced in animal studies, DehydraTECH-CBD crosses the blood-brain barrier much more effectively than originally thought possible.

Clinical studies have established a connection between hypertension and dementia – individuals who have high blood pressure are more likely to develop vascular dementia, which is the second most common form of dementia, following Alzheimer’s Disease. Vascular dementia is caused by a reduced blood flow to the brain, starving brain cells of oxygen and nutrients needed to function properly. Previous studies of DehydraTECH-CBD for potential hypertension treatment have proved successful with no adverse reactions experienced by subjects in the human trials.

The company recently announced the launch of its first-ever study to investigate DehydraTECH-CBD and dementia (DEM-A22-1). Given the propensity of DehydraTECH-CBD to cross the blood-brain barrier, the established fact that it lowers human blood pressure, and CBD’s vasodilation properties, Lexaria is eager to investigate the potential of DehydraTECH-CBD’s positive effects on dementia (https://cnw.fm/6bEnw).

Based on research conducted by Maximize Marketing Research (“MMR”), the dementia treatment market was valued at $13.78 billion in 2021. The market is expected to grow at a CAGR of 8.32%, resulting in a value of $26.13 billion by 2029. An increase in R&D expenditures, increased frequency of Alzheimer’s Disease indications, a surge in the geriatric population, an upsurge in awareness about neurodegenerative diseases in emerging countries, and a rich pipeline of new treatment alternatives are expected to drive the market during the forecast period (https://cnw.fm/KoFRj).

The DEM-A22-1 study is a dose-ranging, two-month program involving a total of 32 Long Evans rats that will be dosed with DehydraTECH-CBD. A novel object recognition test, commonly used to assess memory in rodents, is being used to investigate whether CBD enables cognitive performance enhancements in the test model. The study is being undertaken by a third-party testing laboratory in Canada, with expected completion in late January 2023, with data and reporting to follow shortly after. Depending on the study’s outcome, additional investigation into DehydraTECH-processed nicotine (another agent evidenced to enhance cognitive performance) may follow. Lexaria will provide updates on DEM-A22-1 as they become available.

For more information, visit the company’s website at www.LexariaBioscience.com.

NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://cnw.fm/LEXX

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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Sunday, December 4th, 2022 News No Comments

$BEAT BioMedNewsBreaks – HeartBeam Inc. (NASDAQ: BEAT) Recognized for ‘Unique Approach to Heart Attack Diagnosis’

HeartBeam (NASDAQ: BEAT) was recently named the winner of the annual Cardiovascular Innovations (“CVI”) 2022 Information Summit and Shark Tank Competition, an annual conference that focuses on innovative health solutions for cardiology clinicians. Awards presented at the conference recognize state-of-the-art cardiac technologies. “The company, which has developed the first and only 3D-vector ECG platform for heart attack detection anytime, anywhere, has made a mark for itself in the cardiac care field by building an intellectual-property portfolio focused on enabling 12-lead ECG diagnostics outside of a medical setting. Most recently, HeartBeam announced that it was issued a new patent, which enables generation of a synthesized 12-lead ESG by the HeartBeam AIMIGo(TM) credit card-sized device, by the United States Patent and Trademark Office (‘USPTO’)… The HeartBeam AIMI-platform technology is anticipated to assist health care professionals in identifying patients who present with chest pain to facilitate rapid detection of a heart attack and determine an appropriate treatment regimen,” a recent article reads. “We are proud that HeartBeam has been recognized for our unique approach to heart attack diagnosis,” HeartBeam CEO and Founder Branislav Vajdic, PhD., is quoted as saying. “Our goal is to provide a solution that offers both health care professionals and patients peace of mind regarding their diagnosis and treatment plan.”

To view the full article, visit https://ibn.fm/UmIMK

About HeartBeam Inc.

HeartBeam is a cardiac technology company that has developed the first and only 3D-vector ECG platform for heart attack detection anytime, anywhere. By applying a suite of proprietary algorithms to simplify vector electrocardiography (“VECG”), the HeartBeam platform enables patients and their clinicians to determine if symptoms are due to a heart attack, quickly and easily, so care can be expedited, if required. HeartBeam has two patented products in development. HeartBeam AIMI(TM) is software for acute care settings that provides a 3D comparison of baseline and symptomatic 12-lead ECG to more accurately identify a heart attack. HeartBeam AIMIGo(TM) is the first and only credit card-sized 12-lead output ECG device coupled with a smart phone app and cloud-based diagnostic software system to facilitate remote heart attack detection. HeartBeam AIMI and AIMIGo have not yet been cleared by the U.S. Food and Drug Administration (“FDA”) for marketing in the USA or other geographies. For more information, visit www.HeartBeam.com.

NOTE TO INVESTORS: The latest news and updates relating to BEAT are available in the company’s newsroom at https://ibn.fm/BEAT

About BioMedWire

BioMedWire (BMW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) BioMedNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. BMW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled visibility, recognition and brand awareness. BMW is where news, content and information converge.

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Sunday, December 4th, 2022 News No Comments

$QSAM Research Discovers That Survivors of Pediatric Cancer Are Prone to Premature Aging

Every year, an estimated 400 children and adolescents aged 19 and under are diagnosed with cancer. Leukemia, brain tumors, solid tumors such as neuroblastomas and lymphomas tend to be the most common types of pediatric cancer, with more than 80% of patients in high-income nations such as the United States receiving treatment.

Even though pediatric cancer treatment can be quite cost intensive, childhood cancer can generally be cured via surgery, radiotherapy, chemotherapy and generic medicines. However, a recent study has revealed that patients who survive pediatric cancer aren’t completely out of the woods even after they are in remission.

The study, whose findings were reported in the “Journal of the National Cancer Institute,” found that young adults who survived pediatric cancer are much more likely to experience premature aging. The researchers discovered that a 30-year-old survivor of pediatric cancer had a significantly increased accumulation of age-related issues compared to agemates who did not have childhood cancer. In fact, the accumulation of aging-related defects in pediatric cancer survivors at age 30 was similar to the accumulation in a 53-year-old with no history of pediatric cancer.

Researchers used data sourced from 4,000 pediatric cancer patients who had been treated between 1962 and 2012 at St. Jude Children’s Research Hospital in Memphis. Some 30% of the patients had been diagnosed with acute lymphoblastic leukemia, 13.5% had central nervous system tumors and 11.6% had Hodgkin lymphoma.

As a control, the researchers used data from 683 individuals without a history of cancer.

Interestingly, the cancer survivors in the study were more likely to be female, overweight or obese with lower education and employment levels as well as low income. They were also more likely to be older and current smokers.  The researchers came up with a deficit accumulation index (DAI) to determine the amount of age-related deficits that had accumulated in the subjects, with a higher DAI indicating more aging.

After comparing the pediatric cancer survivors with the control group, the researchers found that the survivors had an adjusted mean DAI of 0.16 while the control individuals had a DAI of 0.09.

All types of pediatric cancers were associated with a much higher DAI, with the highest DAI scores coming from survivors who had osteosarcoma, acute myeloid leukemia and CNS cancers.

Furthermore, the study revealed that different cancer treatments had a different impact on premature aging. Abdominal radiationcranial radiationplatinum chemotherapyalkylating chemotherapy and neurosurgery were more likely to have higher DAIs compared to other cancer treatments.

Those potential long-term drawbacks of some pediatric cancer treatments have motivated the likes of QSAM Biosciences Inc. (OTCQB: QSAM) to invest in developing better treatments for not just pediatric but also adult cancer indications.

NOTE TO INVESTORS: The latest news and updates relating to QSAM Biosciences Inc. (OTCQB: QSAM) are available in the company’s newsroom at https://ibn.fm/QSAM

About BioMedWire

BioMedWire (BMW) is a bio-med news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with BMW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled visibility, recognition and brand awareness. BMW is where news, content and information converge.

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Sunday, December 4th, 2022 News No Comments

$MULN InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Closes on Acquisition of ELMS Plant, Assets and IP

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has officially closed on its previously announced acquisition of Electric Last Mile Solutions (“ELMS”) assets, including all IP and a factory located in Mishawaka, Indiana. The all-cash, $105 million transaction was completed on Nov. 30, 2022. According to the announcement, the ELMS acquisition allows Mullen to enter the commercial market much earlier than previously planned. In fact, the company plans to deliver class 1 product during the first quarter of 2023 and class 3 vehicles during the second quarter. The company noted that the factory, which previously produced General Motors’ Hummer H2 and Mercedes-Benz R-Class vehicles, is a “perfect fit” to manufacture the Mullen FIVE SUV and the Bollinger B1 and B2 platforms. “I have been working on this plan for many years, putting in place the strategic and critical enablers to be a dominant competitor in the EV market,” said Mullen CEO and chair David Michery in the press release. “Successfully completing this asset acquisition moves Mullen into an all-new position with IP, plants and product platforms that no other competitor can offer to both retail and commercial customers. We have everything we need to launch the Mullen and Bollinger EVs product lineup.”

To view the full press release, visit https://ibn.fm/1Cy9b

About Mullen Automotive Inc.

Mullen Automotive is a southern California-based automotive company building the next generation of premium electric vehicles (EVs) that are affordable and built entirely in the United States. With an end-to-end ecosystem that supports owners from test driving to financing and servicing through a unique hybrid dealership model, customers are supported through every aspect of EV ownership. The Mullen FIVE, the company’s first electric crossover, is slated for delivery in 2024 and features an award-winning design and patented PERSONA technology that utilizes facial recognition to personalize the driving experience for every individual. To learn more about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

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Friday, December 2nd, 2022 News Comments Off on $MULN InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Closes on Acquisition of ELMS Plant, Assets and IP

$FRGT InvestorNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) to Collaborate with Mexico-Based University

Freight Technologies (NASDAQ: FRGT), a technology company based on its custom-developed Fr8App platform, which is powered by AI and machine learning and which offers a real-time portal for B2B cross-border shipping and domestic shipping within the United States-Mexico-Canada (“NAFTA”) region, is expanding its training program. The company announced that it is working with a leading university in Mexico through Fr8University, FRGT’s educational program that offers classroom and on-the-job training for incoming Fr8Tech team members and university students. According to the announcement, the partnership will secure the company’s access to talent and support the company’s growth while providing academia with access to real-time business experiences and technology development challenges. Students will be “immersed in the logistics world” by participating in the Fr8University program; as a result, they will have real impact on live FRGT projects, helping the company gain insights on trends in technology. “We have established a University-Company collaboration model, where an alliance has been created for educational reinforcement through the development of specific projects around new technologies,” said Fr8App HR director Mario Mena in the press release. “With this, we reaffirm our commitment to keep innovating at all times and collaborate with the professional learning community. The market for talent in our sector is increasingly impacting companies within the sector and we believe this alliance will give us a leg up on our competitors while providing a leading university with some unique offerings for its student body.”

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

About Freight Technologies Inc.

Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary Freight App Inc. (“Fr8App”) is a business-to-business, cross-border shipping marketplace in the NAFTA region powered by artificial intelligence (“AI”) and machine learning. Focused on making shipping transparent and efficient, Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once-complex process of international over-the-road (“OTR”) shipping. Fr8App uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management and committed capacity solutions. For more information about the company, please visit www.FR8Technologies.com.

NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT

About InvestorWire

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Friday, December 2nd, 2022 News Comments Off on $FRGT InvestorNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) to Collaborate with Mexico-Based University

$FLGC 420 with CNW – Lawmakers Scramble to Secure Agreement on Marijuana Banking During Lame Duck Session

The reality that the House of Representatives will be controlled by Republicans in the coming Congress has created a sense of urgency among legislators who want to see marijuana banking legalized. These advocates are working feverishly to garner support so that a deal is reached during this lame duck session of Congress. Otherwise the prospects are dim if this opportunity is missed.

Members from both sides of the political divide are working tirelessly to secure a compromise position between those who say that the banking bill doesn’t go far enough and those at the other end who think it goes beyond what they find acceptable. Sherrod Brown (D-Ohio), the chair of the Senate banking committee, says that he is optimistic that a deal can be struck this lame duck. He and Senators Jeff Merkley and Steve Daines recently met Chuck Schumer the Senate Majority Leader regarding the SAFE Banking Act.

It will be a tough job getting cannabis banking approved given that two key considerations have to be fulfilled. First, proponents must address the need to pass banking provisions while also combining them with provisions geared at reforming the criminal justice system with respect to marijuana. This is no easy task, because it must please the progressives who want far-reaching reforms, and yet it mustn’t alienate Republicans who can only stomach very modest marijuana policy reforms.

Secondly, the compromise reforms drafted must get the nod of the chair of the Financial Services Committee of the House of Representatives, the leader of the Banking Committee in the Senate and the leaders of both parties in both chambers of Congress. That is a task that will require major negotiations and political gymnastics.

Nevertheless, hopes are high, and efforts to attain both of those goals are already in high gear. For example, Daines, a Republican from Ohio, says that his party colleagues don’t have any problems with the HOPE Act, a House bill tabled by Alexandria-Ocasio Cortez and Dave Joyce. This bill aims at securing federal funding for expungements at state level. Joyce says they are open to including provisions on marijuana research, but if lawmakers want a lot more added, the bill’s chances could dim significantly.

There has also been talk of SAFE Plus, a law that would address cannabis banking while also including language on social justice matters. A number of legislators, including Schumer, are strongly against passing marijuana banking without providing relief to communities that have suffered the worst of the prohibition laws. How these different interests are addressed in one reform package will test the proponents’ negotiation skills to the max, and industry actors such as Flora Growth Corp. (NASDAQ: FLGC) will be watching closely to see whether the lame duck session yields success on this front.

NOTE TO INVESTORS: The latest news and updates relating to Flora Growth Corp. (NASDAQ: FLGC) are available in the company’s newsroom at https://cnw.fm/FLGC

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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Friday, December 2nd, 2022 News Comments Off on $FLGC 420 with CNW – Lawmakers Scramble to Secure Agreement on Marijuana Banking During Lame Duck Session

$TMNA InvestorNewsBreaks – Tingo Inc. (TMNA) Operating Business, Assets Acquisition by MICT Completed

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has been acquired by MICT Inc. (NASDAQ: MICT); the transaction was completed today. According to the announcement, the agreement includes 100% ownership of Tingo Inc.’s operating business and assets, specifically its subsidiary, Tingo Mobile Limited; 100% consolidation of Tingo Mobile’s revenues and income; 100% consolidation of Tingo Mobile’s balance sheet; and the opportunity to “globalize and dollarize an already established rapidly growing and highly scalable fintech and agri-fintech business.” The transaction included MICT issuing 19.9% of its common stock to Tingo, together with Series A Preferred Stock and Series B Preferred Stock, each of which are convertible into shares of MICT’s common stock upon certain conditions being satisfied. MICT officials noted that the company had acquired what it believes is one of the world’s most exciting agri-fintech and fintech businesses, a business that is already highly profitable and that has delivered a number of major trade deals. “We are delighted to complete our merger with MICT, fulfilling our longstanding ambitions of achieving a NASDAQ listing for Tingo Mobile,” said Tingo Mobile founder Dozy Mmobuosi in the press release. “Today’s merger is enabling us to accelerate upon our ambitious global expansion strategy, which in turn is already beginning to dollarize our business, a trend that is expected to continue and grow throughout 2023 and beyond. With sizeable new opportunities in both Africa and southeast Asia already well advanced, being part of the MICT group strengthens the infrastructure and framework to support such rapid global expansion. The mutual benefits brought to each party by this transaction are already making material differences to the enlarged group. I remain very excited about the abundance of opportunities we have for Tingo Mobile and MICT, both in our immediate and long-term future.”

To view the full press release, visit https://ibn.fm/0H30D

About Tingo Inc.

Tingo, through its wholly owned subsidiary, Tingo Mobile, is the leading agri-fintech company operating in Africa, with a marketplace platform that empowers social upliftment through mobile, technology and financial access for rural farming communities. Tingo Mobile’s novel “device as a service” model allows it to add market-leading applications to enable customers to trade, buy top ups, pay bills, and access insurance and lending services. With 9.3 million existing customers, Tingo Mobile is seeking to expand its operations across select markets in Africa. Tingo Mobile’s strategic plan is to become the eminent Pan-African agri-fintech business delivering social upliftment and financial inclusion to millions of SME farmers and women-led businesses. Tingo Mobile offers its comprehensive platform service through use of smartphones — “device as a service” using GSM technology — to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities of growing and selling their production to market participants both domestically and internationally. For more information, visit the company’s website at www.TingoGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to IWBB are available in the company’s newsroom at https://ibn.fm/TMNA

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Friday, December 2nd, 2022 News Comments Off on $TMNA InvestorNewsBreaks – Tingo Inc. (TMNA) Operating Business, Assets Acquisition by MICT Completed

$EVGIF Flush With Cash and Expanding, EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Building Momentum as RNG Popularity Grows

  • RNG currently comprises only 0.3% of the North American natural gas distribution network, with expectations for 5% penetration in the next 5 years
  • EverGen Infrastructure is a first mover in the market, with established projects, RNG sales, and expansion ongoing throughout Canada.
  • EverGen recently released Q3 results, a quarter that featured steady revenue, acquisition of majority stake in GrowTEC, fully funded on-time and on-budget construction, and CDN$12.8 million post capex spend

Renewable natural gas (“RNG”) is a niche market that is expected to transition into a mainstream replacement for conventional natural gas in response to demand for sustainable fuels and a minimalized carbon footprint. Converting waste into worth, EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF) just posted another solid quarter as it emerges as a leader in the Canadian RNG space.

RNG is an infinite drop-in for liquid natural gas (“LNG”) without the need for any drilling. RNG is produced from biogas, which comes from decomposing organic waste collected at landfills, agricultural operations, and wastewater treatment facilities. EverGen’s process involves inputting feedstock, such as livestock waste, into an anaerobic digester. The output is biogas used for heat and electricity, and digestate, which is used for fertilizer, soil amendments, and livestock bedding. The biogas can be further refined into biomethane, which can be used to power vehicles or directly injected into the gas grid.

Currently, RNG makes up only 0.3% of the North American natural gas distribution network. That is expected to climb to 5% in the next five years with exponential upside going forward.

Methane is a potent greenhouse gas released from cow manure and urine, so turning the waste into energy during the management process can have a meaningful impact on climate change. According to Statista, there were 9.45 million milk cows in the U.S. in 2021. In Canada, it is estimated that there are 1.43 million dairy cows for a total of nearly 11 million in North America.

These figures are important considering one cow can produce enough manure in a year that can be converted into RNG (and CNG, or compressed natural gas) to drive a tractor trailer over 12,000 miles. Recycling the manure in North America, rather than washing it into lagoons or some other unfriendly collection/disposal process, provides enough RNG/CNG to power vehicles for 132 billion miles.

With diesel prices over $5.20 per gallon in the U.S., that’s music to trucker’s ears, without consideration for the positive impact on climate change. RNG is carbon negative, meaning that the process of generating RNG offsets more carbon – via carbon capture, sequestration, or avoidance – than is contributed to the environment. By comparison, LNG has a low carbon footprint, while wind and solar are considered carbon neutral.

Headquartered on the West Coast of Canada, EverGen is an established independent renewable energy producer which acquires, develops, builds, owns, and operates a portfolio of RNG, waste to energy, and related infrastructure projects. The company recently released results from the third quarter and the first nine months of 2022, which demonstrate the aggressive growth trajectory as EverGen fans out operations across Canada.

EverGen, which reports in Canadian dollars, posted Q3 revenue of $2.0 million, up from $1.9 million the year prior despite downtime related to floods that ravaged portions of the country. The company reported adjusted EBITDA of $0.7 million and a net loss of $1.8 million, which was influenced by several factors, ranging from flood-related expenses and subsequent insurance proceeds to higher G&A costs as the company made acquisitions and expanded.

During the third quarter, EverGen completed the acquisition of a 67% interest in Alberta’s Grow the Energy Circle Ltd. (GrowTEC), which is currently in the first phase of a core RNG expansion project designed to produce ~80,000 gigajoules (“GJ”)/year of RNG. Construction is 80% complete with commissioning expected prior to the end of the year. The facility will then move into the second phase of the project, which is expected to produce a total of 140,000 GJ/year of RNG.

In September, EverGen’s Frasier Valley Biogas (“FVB”) signed a term sheet for a long-term offtake RNG agreement for up to 190,000 GJ/year purchased from FVB, comprising existing and incremental RNG volumes expected from the facility post-expansion. This agreement will replace the existing RNG offtake agreement in an environment where current market pricing is significantly stronger. During Q3, EverGen broke ground on construction of an expansion project at FVB.

EverGen is fully funded for its expansion projects. The company ended September with cash and cash equivalents of $12.8 million post capex spend of $3.5 million and $1.5 million of insurance proceeds received. Management commented that all projects are on schedule and on budget. The expansion budget, including projects at GrowTEC, FVB and its Net Zero Waste Abbotsford facility, was backstopped in August when EverGen inked a term sheet with its existing lender, Scotiabank subsidiary Roynat Capital, and Export Development Canada for a $31 million syndicated senior term loan.

Against this industry and corporate backdrop, EverGen CEO Chase Edgelow is looking forward to what is to come. “It is an exciting time for EverGen with strong momentum in the RNG market and as one of the first movers in Canada in terms of consolidating assets across the country…We are thrilled with the progress at our core RNG expansion projects that once producing, will see us jump from C$3M to C$13M in run rate EBITDA and are fully funded. With our GrowTEC facility commissioning imminently and construction at Fraser Valley Biogas underway we are anticipating a strong start to 2023,” said Edgelow in a press release.

For more information, visit the company’s website at www.EverGenInfra.com.

NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

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Friday, December 2nd, 2022 News Comments Off on $EVGIF Flush With Cash and Expanding, EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Building Momentum as RNG Popularity Grows

$KSCP InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Deploys ASR Services for Five New Contracts, Unveils the ‘Rise of the Robots’

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, has announced that it continues to accelerate market expansion with five new contracts for its Autonomous Security Robot (“ASR”) services in the health care market across multiple U.S. states. Describing deployment locations across a hospital group in Minnesota, an existing client in Ohio, a health care and rehabilitation center in New York, a hospital in Texas and health system in Louisiana, the announcement indicates that the wins underscore the need and desire to provide a safe environment for the nation’s health care workers and those seeking medical attention.

In addition, Knightscope has released the first episode of its YouTube series, “Rise of the Robots.” The company’s chairman and CEO William Santana Li introduces the series saying, “They said it would be impossible. They said it would never work. They said it was too complicated and that physical security was not an investment thesis,” describing overwhelming odds the company faced at inception and when going public. “They were wrong. The rise of the robots is happening, and it’s happening now. I cannot be more excited to share with you our new series of updates. Updates on our outlandish mission to see if we can make the United States of America the safest company in the world.” In the inaugural episode, Li focuses the discussion on three areas, including accelerating growth, delivering new products and building the moat.

To view the full press release and episode, visit https://ibn.fm/AHYoN and https://ibn.fm/s4gWN

About Knightscope, Inc.

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. For more information, visit the company’s website at www.knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/KSCP

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As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

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Friday, December 2nd, 2022 News Comments Off on $KSCP InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Deploys ASR Services for Five New Contracts, Unveils the ‘Rise of the Robots’