ThursdaySep 08, 2022 11:49 am

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces 1st EV Acquisition, Webinar to Discuss Strategic Move

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced its acquisition of a controlling interest in EV truck innovator Bollinger Motors Inc. This is Mullen’s first EV acquisition and propels the company into the medium and heavy-duty truck classes 3-6, along with the B1 and B2 sport utility vehicles. The purchase price of $148.2 million in cash and stock for a 60% controlling interest gives Mullen the majority ownership of Bollinger Motors and positions Bollinger to capture the electric sport utility and commercial vehicle markets. More details about the acquisition can be found on Mullen’s website and…

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ThursdaySep 08, 2022 11:01 am

TinyGemsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Achieves Record Revenues, 16th Consecutive Quarter of Profitability

Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, today announced financial results for its third fiscal quarter ended July 31, 2022. Among the highlights, the company reported revenues of $9,101,541*, an increase of 180% as compared to the year-ago quarter. The company also noted that it has achieved 16 consecutive quarters of profitability. “Our ability to generate increasing revenues with quarter-after-quarter of profitability attests to the strengths of our B2B and B2C platforms,” said Golden Matrix CEO Anthony Brian Goodman. “Because of the highly competitive nature of our industry, we are continually…

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WednesdaySep 07, 2022 11:31 am

TinyGemsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Subsidiary Announces Acquisition of Emerging Hemp Flower Market Brand

Flora Growth (NASDAQ: FLGC), an all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced that its wholly owned subsidiary, Just Brands LLC, has acquired substantially all of the assets related to the No Cap Hemp Co. brand. The company anticipates that the acquisition of this emerging brand in the hemp flower market will diversify its brand portfolio and product offerings as well as create an opportunity to expand Flora’s distribution foothold in the United States by providing a unique collection of products with strong revenue growth potential. According to the announcement, the acquisition will offer Flora an…

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FridaySep 02, 2022 10:55 am

TinyGemsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Appoints New Board Member

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, has announced an addition to its board of directors; the company named industry veteran Catherine Turkel, PharmD, PhD, as the newest member of its board. Turkel brings more than two decades of experience as an executive-level leader in both start-up and mid-size pharma/biotech companies. As founder and CEO of Nezee Therapeutics, she gained critical expertise and insight in the space; she also served as president and head of research and development Novus Therapeutics, which was later renamed Eledon Pharmaceuticals Inc. (NASDAQ: ELDN). Currently she serves as an independent board director…

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ThursdaySep 01, 2022 10:49 am

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Partners with Watergen on Game-Changing Technology

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a signed partnership with Watergen Inc. Under the collaboration, Watergen, a pioneering Israel-based company and a global leader in the atmospheric drinking water devices (“AWG”) market, will develop and equip Mullen’s portfolio of electric vehicles with technology that will produce fresh drinking water from the air for in-vehicle consumer and commercial applications. “Our partnership with Watergen has been months in the making and is a very exciting opportunity for both our companies,” said David Michery, CEO and chairman of Mullen Automotive. “Mullen will be the first automotive company…

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WednesdayAug 31, 2022 2:23 pm

TinyGemsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces New Patent in Mexico

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, is continuing to accumulate international patents; most recently the company received its 27th patent granted worldwide. Part of Lexaria’s third patent family — Stable Ready-to-Drink Beverage Compositions Comprising Lipophilic Active Agents, from which patents have already been granted from Australia, India and Japan — the newest patent comes from Mexico and applies to range of active ingredients including non-psychoactive cannabinoids and NSAIDs. The announcement noted that types of products covered by the patent include specific pharmaceutical product formats along with an array of ready-to-drink consumer retail beverage products. According to the announcement,…

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WednesdayAug 31, 2022 12:31 pm

TinyGemsBreaks – Cybin Inc.’s (NYSE American: CYBN) (NEO: CYBN) Adelia Marks Final Development Milestone

Cybin (NYSE American: CYBN) (NEO: CYBN) is a biotechnology company focused on progressing Psychedelics to Therapeutics(TM). The company today announced that its wholly controlled subsidiary, Adelia Therapeutics Inc., has achieved the milestone identified as Y2, Q4(ii) as contemplated by the terms of a contribution agreement dated Dec. 4, 2020, among Cybin, Cybin Corp., Cybin US Holdings Inc. (the “acquiror”), a wholly controlled subsidiary of Cybin, and all of the previous shareholders of Adelia. “This final development milestone marks the completion of a detailed series of goals set between Cybin and Adelia almost two years ago. Our combined teams have executed…

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WednesdayAug 31, 2022 11:48 am

TinyGemsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Receives Planned $100M Investment from Long-Term Partner

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has received a nonbinding letter of intent (“LOI”) outlining a planned investment of up to $100 million. Dated Aug. 29, 2022, the LOI is from Koito Manufacturing Co., Ltd., a long-term automotive tier-1 partner and current shareholder; this marks Koito’s third investment in Cepton since 2020. According to the announcement, proceeds from the proposed investment from Koito, which will be in the form of convertible nonvoting preferred stock, will fund Cepton’s next stage of growth as it scales its lidar solutions for mass deployment. The investment is…

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TuesdayAug 30, 2022 10:46 am

TinyGemsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Begins Dosing Participants in CYB003 Trial for Treatment of MDD

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), has announced a clinical milestone: the first two participants in its phase 1/2a trial evaluating CYB003 for the treatment of major depressive disorder (“MDD”) have been dosed. According to the announcement, CYB003 is the first-ever novel psilocybin analog to enter clinical development. The company is conducting a randomized, double-blind, placebo-controlled study evaluating people with moderate to severe MDD in which participants will receive two administrations (placebo/active and active/active) with a response assessed at week 3 after first dose and at week 6 after second dose. “To…

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FridayAug 26, 2022 11:40 am

TinyGemsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Announces Participation in Upcoming RBC Capital Markets Global Industrials Conference

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, will be participating in the RBC Capital Markets Global Industrials Conference. The conference is scheduled for Sept. 13–14, 2022, in Las Vegas. Cepton’s chief financial officer Hull Xu will be hosting a breakout session during the two-day event; the session is slated to begin at 9:05 a.m. PT on Sept. 14. In addition, Cepton management will also be hosting investor meetings throughout the conference. To view the full press release, visit https://ibn.fm/6oiii About Cepton Technologies Inc. Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (“ADAS/AV”),…

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