Designated activity company

PALM BEACH, Fla., Feb. 15, 2023 /PRNewswire/ -- The cannabis business is one of those atypical industries that actually flourished because of the pandemic. The global worldwide market has significantly grown in all its segments. A recent report from statista.com projected that: "Revenue in the Cannabis market is projected to reach US$47.20bn in 2023; Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 12.69%, resulting in a market volume of US$76.12bn by 2027; In global comparison, most revenue will be generated in the United States (US$32,870.00m in 2023); and In relation to total population figures, per person revenues of US$332.30 are generated in 2023." The report continued: "The maturity of the Cannabis market varies across the globe mainly due to differing legal environments and public attitudes towards cannabis. Some countries such as Canada and the United States have adopted fully regulated frameworks that allow cultivation, consumption, and retail distribution of various cannabis products. There are other countries that have more limited frameworks that allow the cultivation of cannabis, but have not legalized retail sales (e.g., South Africa). Regulations can also differ regarding how cannabis is used. Some countries allow consumption of products that contain high tetrahydrocannabinol (THC) strictly for medical use, while there are other countries that also permit the consumption of high THC products for recreational use." Active Companies from around the market with current developments this week include: Leafbuyer Technologies, Inc. (OTCQB: LBUY), SNDL Inc. (NASDAQ: SNDL), Tilray Brands, Inc. (NASDAQ: TLRY), Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON).

PALM BEACH, Fla., Feb. 9, 2023 /PRNewswire/ -- Lithium is a highly efficient energy storage medium used in virtually all batteries currently powering electric vehicles as well as consumer electronics. Today, lithium is one of the most important minerals when it comes to the production of electric vehicles. Lithium-ion batteries are light, powerful and take less space than other battery types. Tesla, Panasonic and other car manufacturers in the global lithium mining market are betting big on this mineral. In 2021 alone, global lithium production was 100,000 metric tons. By 2025, that number is projected to increase to 200,000 million tons. The global energy transition marathon and its demand for electric vehicles sent lithium demand into overdrive in 2022. Prices for the energy-savvy metal surged around the world over the past year, dragging lithium stocks on a bumpy ride. Now, analysts are reporting some more bearish views for 2023.  A recent report from SkyQuest projected that the Global Lithium mining market, which was valued at USD 340 Million in 2021, is expected to reach a value of USD 494.59 Million by 2028, at a CAGR of 5.5% over the forecast period (2022-2028) and that the US Lithium Mining Market is poised to grow at a sustainable CAGR for the next forecast year.  It continued saying that there is a growing demand for lithium around the world. "As more carmakers move away from traditional battery types and toward electric vehicles, they will need more lithium-ion batteries in order to power their vehicles."  Active Companies in the markets today include Century Lithium Corp. (OTCQX: CYDVF) (TSXV: LCE), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI), American Lithium Corp. (NASDAQ:AMLI)  (TSX-V:LI), Rock Tech Lithium Inc. (OTCQX: RCKTF) (TSX-V: RCK).

PALM BEACH, Fla., Feb. 7, 2023 /PRNewswire/ -- The relatively recent marriage of AI and Robotics, appears that it will be a successful and long-lasting relationship. A recent report from ResearchAndMarkets says that the market for AI-enhanced robots and robotic systems for the consumer market is bright indeed. It forecasts a substantial rise in the personalized AI and robotics markets from 2023 through 2028. The report projected that: "The APAC region will lead the personal AI and robotics market through 2028; Solutions involving personal AI in South Korea will reach nearly $1.5 billion by 2028; and The global market for personalized robot components will reach $18.7 billion by 2028." They continued: "Leading solutions for personalized AI and robotics are safety, information, and entertainment. The United States is poised for rapid growth as carebots become a viable option for elder care…We see substantial overall industry growth across a wide range of robot types that engage in diverse tasks such as home cleaning, personalized healthcare service, home security, autonomous cars, robotic entertainment and toys, carebots services, managing daily schedules, and many more assistive tasks." Active Companies in the markets today include Medigus Ltd. (NASDAQ: MDGS), BigBear.ai (NYSE: BBAI), C3 AI (NYSE: AI), Guardforce AI Co., Limited (NASDAQ: GFAI), Secoo Group (NASDAQ: SECO).

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Katharina Rtz to Head of Commercial Lines E&P in Germany.