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BYND Cannasoft Enterprises Inc - BCAN STOCK NEWS

Welcome to our dedicated news page for BYND Cannasoft Enterprises (Ticker: BCAN), a resource for investors and traders seeking the latest updates and insights on BYND Cannasoft Enterprises.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BYND Cannasoft Enterprises's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BYND Cannasoft Enterprises's position in the market.

News
Aegis Capital Corp. acted as Sole Bookrunner on a $7.0 Million Underwritten Public Offering for BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN)
Rhea-AI Summary
Aegis Capital Corp. served as the Sole Bookrunner for BYND Cannasoft Enterprises Inc.'s $7.0 Million Underwritten Public Offering on NASDAQ:BCAN.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.31%
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offering
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News
BYND Cannasoft Entering Production Agreements for its EZ-G Device
Rhea-AI Summary
BYND Cannasoft Enterprises Inc. announced that its EZ-G project team has arrived in Shenzhen, China to sign agreements with two of the largest manufacturers in the province to begin production of the EZ-G device and EZ-G Capsules. The company intends to start mass production after the Chinese New Year and aims to start selling the EZ-G device and capsules in the second quarter of 2024. The positive response from potential customers reflects the demand for the innovative EZ-G device and capsules, highlighting the company's commitment to delivering its technology to customers. CEO Yftah Ben Yaackov expressed confidence in bringing a high-level technological product to the market and generating significant sales and profits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.3%
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none
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News
Aegis Capital Corp. Acted as Exclusive Placement Agent on a $1.5 Million Registered Direct Offering for BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN)
Rhea-AI Summary
Aegis Capital Corp. facilitated a $1.5 Million Registered Direct Offering for BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.53%
Tags
offering
News
Positive opinion from ISA-Israel patent office Provides the ability to file a patent application under the Patent Prosecution Highway (PPH) in the US
Rhea-AI Summary
BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) has expanded its intellectual property portfolio for its EZ-G Device by filing a national phase application for its EZ-G Device in 11 jurisdictions, including the U.S. utility patent application under the Patent Prosecution Highway (PPH) and the European Patent Office (EPO), which includes 38 European countries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.43%
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News
Israel's Finance Ministry Increases Israel Innovation Authority's High-Tech Sector Fast-Track Fund to $100 Million During Wartime
Rhea-AI Summary
BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) (CSE: BYND) has submitted a research and development plan to develop CRM software combined with AI for the medical cannabis industry, with a planned budget of US$1.5 million. The Israel Innovation Authority's Fast-Track Fund has been increased to US$100 million to support the high-tech sector amid wartime challenges. The Finance Ministry's commitment to increasing support for the high-tech sector underscores the government's dedication to sustaining the industry during this challenging period and ensuring its continued growth and success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.36%
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none
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News
Israeli Ministry of Health Reports Surge in Medical Cannabis Patients Following Recent Events
Rhea-AI Summary
BYND Cannasoft Enterprises Inc. refocuses on its proprietary CRM platform to meet the increased demand for medical cannabis in Israel following recent regulatory reforms. The surge in licensed medical cannabis patients and the increase in post-trauma cases have led to a notable demand for cannabis products, prompting the company to concentrate on innovative elements in the field of artificial intelligence for data collection and analysis.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.62%
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none
News
Israeli Cannabis Technology Company BYND Cannasoft Enterprises Inc. Announces Second Quarter 2023 Financial Results
Rhea-AI Summary
BCAN - BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN, CSE: BYND) Reports Q2 2023 Financial Results, Revenue Up 21%. Net Loss Increases 242%. CEO Emphasizes Focus on Long-Term Growth and Product Development
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.2%
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earnings
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News
BYND Cannasoft CEO Delivers Update Amidst Promising Milestones
Rhea-AI Summary
BYND Cannasoft announces progress in developing AI-based smart treatment devices for sexual wellness market, including EZ-G device for women and men. Prototype equipped with sensors to enhance user pleasure. Company secures multiple patents to protect IP. Completion of laboratory testing phase for EZ-G device. Successfully closed underwritten public offering, raising $2.6 million. Received license to engage in medical cannabis market in Israel. Aims to capture 3% market share, worth $15 million in sales within a year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
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Israeli Technology Company BYND Cannasoft Enterprises Files US Provisional Patent Application and Full Scale PCT Application for Its EZ-G Device
Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
0.78%
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none
News
BYND Cannasoft Provides EZ-G Device Milestones for the Second Half of 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
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none
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BYND Cannasoft Enterprises Inc

Nasdaq:BCAN

BCAN Rankings

N/A Ranked by Market Cap
#5176 Ranked by Stock Gains
N/A Ranked by Dividends

BCAN Stock Data

6.81M
3.51M
16.31%
0.34%
52.77%
Water and Sewer Line and Related Structures Construction
Construction
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Israel
Kiryat Motzkin