NA Proactive news snapshot: Planet 13 Holdings, Xigem Technologies, The Valens Company, Lexaria Bioscience …

Planet 13 Holdings Inc (CSE:PLTH) (OTCQB:PLNHF), a leading vertically integrated Nevada cannabis company, has revealed that it clocked up a record sales day on April 20, 2021 (420), by generating about $543,000 in single-day sales with gross margins during the month in excess of 50%. April 20, abbreviated 420 or 4/20 in the US, is considered the unofficial marijuana holiday and an occasion for celebrating the smoking of cannabis. Planet 13′s biggest claim to fame is its flagship, uber luxury SuperStore dispensary, the Planet 13 Cannabis Entertainment Complex located not far from the famous Las Vegas Strip. At 112,000 square feet, the SuperStore is the biggest cannabis store in the world, attracting 1 million visitors in 2019. 

Xigem Technologies Corporation (CSE:XIGM) (FRA:2C1), a tech provider for the huge and emerging remote economy, told investors that lawyer Avi Greenspoon has been appointed as the inaugural member of the company’s newly established advisory board. The new board will bring together members with a broad range of skills and experience to advise the firm on market and industry trends, with a focus on business development opportunities. Greenspoon is currently the executive vice-president and general counsel of III Dune Capital Partners Ltd, before which he was partner at Goodmans LLP, a pre-eminent Toronto law firm, where he specialized in corporate and securities law. He has previously served as a director on a number of public company and non-profit boards.

The Valens Company Inc (TSE:VLNS) (OTCQX:VLNCF) (FRA:7LV), a leading manufacturer of cannabis products, has announced its entry into the Yukon market with a cannabis purchase and sale agreement with the Yukon Liquor Corporation (YLC). The Kelowna, British Columbia-based company said the agreement allows for the sale and distribution of Valens-manufactured products to licensed cannabis retailers in Yukon and on Cannabis Yukon, Yukon Liquor Corporation’s e-commerce platform. Valens said it expects to bring a range of “Cannabis 2.0 and 3.0 products to the Yukon market,” which could include “vapes, concentrates, beverages, topicals and edibles,” expanding the variety of innovative formats available in the territory.

Lexaria Bioscience Corp (CSE:LXX) (OTCMKTS:LXRP) revealed that its first human clinical trial assessing its DehydraTECH CBD technology to treat high blood pressure – HYPER-H21-1 – is now officially underway.  It is the first of three clinical trials aimed at assessing this potential treatment, and dosing of human volunteers has begun, the company told investors. ”Dosing is expected to be completed, on schedule, within several weeks, and we may be in a position to report preliminary data in July or thereabouts,” said Chris Bunka, Lexaria CEO.

Great Bear Resources Ltd (CVE:GBR) (OTCQX:GTBAF) (FRA:0G6A) reported more good drill results from its LP Fault target in Red Lake, where the area of drill-defined continuous gold mineralization has been extended by about 25% in this year alone. The assays from 13 holes hail from the ongoing fully-funded C$45 million exploration program at the Dixie project in Ontario. The results continue to show excellent continuity of high-grade and bulk-tonnage gold mineralization at LP, which remains open in all directions. The holes all hit the fault from between 25 and 500 meters (m) vertical depth and along 1.7 kilometers (km) of strike.

Loop Insights Inc (CVE:MTRX) (OTCMKTS:RACMF) announced that it has joined the Oracle Partner Network (OPN), initiating a relationship with a leading provider of point-of-sale (POS) systems and cloud reporting. Being a part of the OPN enables Loop Insights to collaborate with one of the largest global POS providers for retail and hospitality and puts its Insights platform in front of thousands of retailers in the Oracle client base. This makes it easier for Oracle’s customers to work with Loop and get access to real-time data, multi-location reporting, and cross-channel marketing opportunities. Oracle is the second-largest POS provider in the world, representing 12% of the global market, according to a 2020 RBR POS report. The POS terminals market is experiencing huge growth, with a recent Researchandmarkets.com report predicting that the market will grow from US$68.2 billion in 2019 to US$149.4 billion by 2028.

Talon Metals Corp (TSE:TLO) (OTCMKTS:TLOFF) (FRA:TAO) reported a new round of drill results from its Tamarack nickel project showing good grades outside of the defined resource area. Assay results from three holes northeast of the resource included intersections of 5.3 meters (m) of massive sulphide nickel-copper mineralization grading 4.4% nickel and 1.5% copper starting at 135.3m. Other results included an interval of 1.8m grading 4.8% nickel and 1.9% copper starting at 193.9m and 2.3m grading 5.9% nickel and 2.4% copper starting at 191.3m. 

Versus Systems Inc (NASDAQ:VS) (CSE:VS) (FRA:BMVB) announced that its proprietary second-screen engagement platform will soon include alcohol-related products, promotions, and even prizing in some circumstances, which will enable a new category of advertising partner for live sports and other live events.  Versus said the new initiative is part of its Dynamic Regulatory Compliance engine beginning in July, which is aiming to capture a portion of the multibillion-dollar annual alcohol advertising market. “Alcohol-related advertising is one of the largest and also most closely-watched categories of ads – not only online but also in streaming, OTT, and broadcast media. Managed effectively, and targeted correctly, this category can help unlock a portion of the more than one trillion dollars that is spent on alcohol worldwide each year,” Versus Systems CEO Matthew Pierce said in a statement. 

Revive Therapeutics Ltd (CSE:RVV) (OTCMKTS:RVVTF) (FRA:31R) announced the filing of a provisional patent application with the US Patent and Trademark Office (USPTO) for an oral thin-film (OTF) delivery system featuring psilocybin after a successful research study.  The OTF, developed through a research partnership agreement with Reed Research Group at the University of Wisconsin-Madison, offers a unique delivery of psilocybin as a potential treatment option for mental illness, neurological and substance abuse disorders. The study determined that psilocybin could be incorporated into chitosan-tannin composite hydrogel solutions, which are cast into molds to form stable flexible thin films that then release the psilocybin when dissolved in water. The OTF psilocybin product dissolved in water in less than five minutes with dosage forms ranging between 1 milligrams (mg) and 20 mg.

Japan Gold Corp (CVE:JG) (OTCQB:JGLDF) (FRA:2LD) has reported high-grade exploration results from the Togi project, on Honshu Island – one of the projects under its alliance with mining major Barrick. In November last year, the alliance collected 412 rock samples and 88 bulk leach extractable gold analysis (BLEG) samples across the project. Of those 412, the firm said 235 samples assayed saw gold greater than 0.5 grams per ton (g/t) gold, with 91 assaying greater than 5 g/t of the yellow metal.

Marble Financial Inc (CSE:MRBL) (OTCMKTS:MRBLF) (FRA:2V0) has announced the launch of an affiliate marketing program with Fintel Connect, a leading performance marketing company serving the financial services and fintech space. Marble said it is expanding by utilizing Fintel Connect, which has a 1,200-plus publisher network, as the tie-up will allow Marble to grow its affiliate marketing program to help even more Canadians access MyMarble’s AI-based software products on the MyMarble platform. Fintel Connect’s publishing network features the best performing websites, bloggers, podcasters, and more, specializing in financial services to help Marble accelerate user and revenue growth, the company added.

Alternus Energy Group PLC (NOTC:ALT) named industry veteran Gary Swan as its chief technical officer, as the fast-growing independent power producer expands its footprint across Europe.  “Swan will join the executive management team filling a critical and strategic role for the business in supporting its goal of becoming one of the largest pan-European solar operators by 2030,” said the company. Swan is an experienced renewables senior manager and has been working in the international power and construction sectors for over 20 years, in the areas of design, construction, operation and the sale of renewable energy assets across Europe, Africa, North and South America. 

LeanLife Health Inc (CSE:LLP) (OTCQB:LNLHF) (FRA:LL1) has announced that the first containers of Mike Tyson-branded energy drink from FoodCare Group have cleared customs in Los Angeles. The company said the product cleared customs on April 16 and is making its way to its distribution facility in Arizona. ”This is a new product in the US marketplace, a product of great quality, combined with legendary Mike Tyson’s branding, and our experienced sales and distribution team expect a great start,” said CEO Stan Lis in a statement. 

Jack Nathan Medical Corp. (CVE:JNH) (OTCQB:JNHMF) has announced that its shares have received full-service DTC (Depository Trust Company) eligibility in the US. DTC eligibility is expected to simplify the process of trading and enhance liquidity for the company’s common shares. As a result, US investors will now more easily be able to trade Jack Nathan Health’s OTCQB listed stock under the trading symbol JNHMF. “DTC eligibility is another milestone for Jack Nathan Health,” said George Barakat, chief executive officer of Jack Nathan Health. “We anticipate increased interest from US investors as DTC eligibility makes it easier to purchase our shares. This is another example of Jack Nathan Health moving forward on all fronts, as it works to build out a growing network of state-of-the-art medical clinics and ancillary services such as physiotherapy, Medispa and digital healthcare.”

Atlas Engineered Products Ltd. (CVE:AEP) (OTCMKTS:APEUF) said it has granted a total of 350,000 incentive stock options to its directors and officers in accordance with the company’s stock option plan.  Each option is exercisable into one common share of the company at a price of $0.29 per share, being the closing price of the company’s common shares on the TSX Venture Exchange on April 20, 2021.  The options will vest and become exercisable in equal 1/3 tranches every 6 months over a period of 18 months from the grant date and will expire on April 21, 2026.

IEC Electronics Corp. (NASDAQ:IEC) has announced that it will host a conference call on Wednesday, May 5, 2021, at 10.00am Eastern Time, to discuss its financial results for the fiscal second quarter of 2021, ended March 31, 2021. The conference call may be accessed in the US and Canada by dialing toll-free (877) 407-9210. International callers may access the call by dialing (201) 689-8049. A replay of the teleconference will be available for 30 days after the call and may be accessed domestically by dialing (877) 481-4010 and international callers may dial (919) 882-2331. Callers must enter conference ID: 40935. To access the live webcast, log onto the IEC website at http://www.iec-electronics.com. The webcast can also be accessed at https://www.webcaster4.com/Webcast/Page/2149/40935. An online replay will be available shortly after the call.

Real Luck Group Ltd. (CVE:LUCK) (OTCQB:LUKEF) has announced that its CEO Quentin Martin will present live at VirtualInvestorConferences.com on April 29, 2021, at 3.00pm, via the following link: https://bit.ly/2QfbeEE. This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. To learn more about the event at www.virtualinvestorconferences.com.

MagicMed Industries Inc. has said it will be participating at Shroomstocks.ca’s Ask Me Anything (AMA) event on Tuesday, April 27, 2021, at 2pm EST.  The company added that its CEO Dr Joe Tucker will be answering audience questions regarding the company, the Psybrary, PsyAI and the psychedelics industry. The event is live now and users on Reddit can submit questions and follow the company under u/MagicMedInd between now and Tuesday using the following URL link: https://www.reddit.com/r/shroomstocks/comments/muwpj3/hi_reddit_this_is_dr_joseph_tucker_president_and/

OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 U.S. and global securities, has announced that Doré Copper Mining Corp. (TSX-V: DCMC) (OTCQX: DRCMF), a copper-gold explorer and developer, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTCQB Venture Market. The OTCQX Market is designed for established, investor-focused US and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. “Upgrading to the OTCQX Best Market is another important step in providing Doré Copper access to a broader US investor audience and further raising the Company’s profile as we advance our key brownfield copper-gold projects in Québec towards development and production” said Ernest Mast, president and CEO of Doré Copper.

Story by ProactiveInvestors