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CURASCIENTIFIC CORP - $CSTF STOCK NEWS

Welcome to our dedicated page for CURASCIENTIFIC news (Ticker: $CSTF), a resource for investors and traders seeking the latest updates and insights on CURASCIENTIFIC stock.

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 CURASCIENTIFIC'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 CURASCIENTIFIC's position in the market.

Rhea-AI Summary
CuraScientific Corp. announces its subsidiary, Sustainable Energy Group Inc., developing a low-cost hydrogen fuel cell for residential solar batteries. The innovative product aims to revolutionize residential solar systems by offering reliable and cost-effective solutions for transitioning to clean energy. Brian Gardner, Chairman of CuraScientific, highlights the significance of this development, backed by research showing potential annual energy cost reductions of up to 61%.
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CuraScientific Corp. (CSTF) acquires Sustainable Energy Group, Inc. and shifts focus to the $800B alternative energy sector. Brian Gardner appointed as Chairman and COO, bringing expertise in construction and alternative energy development. SEG, under Gardner's leadership, has seen significant growth with annual sales over $3.5 million, expanding into solar and sustainable energy solutions.
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CuraScientific Corp (CSTF) announces the opening of its subsidiary, Cal Care Grp. Inc.'s wholesale retail store in Palm Desert on December 1, 2023. The Chairman & CEO projects $2M in 2024 revenue and highlights the company's established relationships with cannabis growers and manufacturers, as well as its own extraction facility.
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-27.27%
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Cal Care Grp, Inc. attracts major cultivators, such as SD Strains, to grow the brand and revenue.
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CuraScientific Corp. reports positive growth and decreased debt in Q2 2023. Revenue increased by $800,000 and convertible debt reduced from $1.2M to $335K. The company plans to open 30 Kava Bars worth $150M in the next 5 years. Revenues for Q2 2023 were $441K compared to $9K in Q2 2022, a 49X increase. Convertible notes reduced by $914K and total liabilities decreased by $390K.
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CuraScientific Corp. (OTC PINK: CTSF) projects increased profits and equity due to expansion in Kava Bar and Cannabis divisions. The company plans to construct 30 Kava Bars, estimating a value of $150M, and anticipates growth in the global kava root extract market. Additionally, the cannabis division holds California Cannabis Licenses and aims to acquire 9 more routes to increase quarterly sales from $500,000 to $2,000,000.
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CuraScientific Corp. (OTC PINK: CSTF) announces expected Q2 revenues of approximately $500,000+, with $200,000 in Cannabis Distribution and $300,000 in Cannabis Retail. The successful Kava Bar event indicates a growing trend in the Kava market, which is projected to reach $3.41 billion by 2029. CEO William Reed highlights the potential for kava bars to generate profits of 15-20% and the company's expansion plans for a new location in Las Vegas.
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CURASCIENTIFIC CORP

OTC:CSTF

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