AwesomeStocks âSponsored on behalf of BYND Cannasoft Enterprises Inc.â Hello! New Alert: BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) BCAN is our brand new NASDAQ alert that could present a breakout opportunity. BCAN has a chart setup suggesting the potential for high gains. In addition, BCAN announced multiple breaking developments recently that could be growth catalysts for the company. BCAN is a NASDAQ listed âIsraeli-based integrated software and cannabis companyâ. BCAN âowns and markets "Benefit CRM," a proprietary customer relationship management (CRM) software product enabling small and mediumâsized businesses to optimize their dayâtoâday business activities such as sales management, personnel management, marketing, call center activities, and asset managementâ. Building on the companyâs â20 years of experience in CRM softwareâ, BCAN is âdeveloping an innovative new CRM platform to serve the needs of the medical cannabis industry by making it a more organized, accessible, and price-transparent marketâ. As the company further explains: âThe Cannabis CRM System will include a Job Management (BENEFIT) and a module system (CANNASOFT) for managing farms and greenhouses with varied crops.â In addition, BCAN âowns the patent-pending intellectual property for the EZ-G deviceâ. This âtherapeutic device uses proprietary software to regulate the flow of low concentrations of CBD oil, hemp seed oil, and other natural oils into the soft tissues of the female reproductive system to potentially treat a wide variety of women's health issuesâ. As the company explains, âThe EZ-G device includes technological advancements as a sex toy with a more realistic experience and the prototype utilizes sensors to determine what enhances the users' pleasureâ. Furthermore: âThe user can control the device through a Bluetooth app installed on a smartphone or other portable device.â âThe data will be transmitted and received from the device to and from the secure cloud using artificial intelligence (AI). The data is combined with other antonymic user preferences to improve its operation by increasing sexual satisfaction.â The burgeoning field of wearable technology has witnessed remarkable growth in recent years. Importantly: âWhile most people associate wearables with fitness trackers and smartwatches, there is an emerging trend in wearable sex toys.â âThe allure of discreet public stimulation combined with the pleasure of a sex toy has contributed to the rise of this trend.â BCAN, ârecognizing the potential in the sextech market, intends to capitalize on this growthâ. According to the company, âIndustry experts project the sextech market to reach $62.32 billion by 2030, and companies, including BYND Cannasoft, are actively innovating products with intelligent responses for sexual activities to meet the demands of this expanding market, as reported by Forbesâ. BCAN has announced multiple accomplishments recently that could be significant growth catalysts for the company. On July 10, the company announced: âBYND Cannasoft Announces Successful Completion of Laboratory Testing Phase for EZ-G Device Optimizationâ âWith the positive outcomes achieved during the trial, BYND Cannasoft is now committed to finalizing the EZ-G prototype model and progressing to the next phase of development: human trials involving focus groups of women of different age groups.â âThe Company remains committed to ensuring the EZ-G device meets the highest safety, efficacy, and usability standards. Through continued research and development efforts, BYND Cannasoft aims to contribute to the well-being of women by providing an innovative solution for targeted health concerns.â Here are some of the companyâs comments from this press release: "We are thrilled with the successful completion of the laboratory testing phase for the EZ-G device," said Yftah Ben Yaackov, CEO and Director of BYND Cannasoft. "This accomplishment validates our dedication to harnessing advanced technology to improve women's health. We are excited to move forward with human trials, as we believe the EZ-G device has the potential to revolutionize therapeutic approaches for women's health issues." In addition, two weeks ago, the company announced: âBYND Cannasoft Closes US$2.6 Million Underwritten Public Offeringâ âThe Company intends to use the net proceeds from this offering primarily for product design and manufacturing, sales and marketing campaigns, patent prosecution and working capital.â Last week, the company announced some groundbreaking milestones: âBYND Cannasoft Provides EZ-G Device Milestones for the Second Half of 2023â âBYND Cannasoft is pleased to provide the following key milestones in the development of the EZ-G Device:â - âFinishing the Prototype of the EZ-G Device in 60 Days: BYND Cannasoft plans to reiterate its commitment to innovation by accomplishing the development of the EZ-G Device's initial prototype within a 60-day timeline. The Companyâs team of experts intends to create a prototype that showcases the technology's potential to disrupt the market.â
- âEZ-G Device Focus Group Experience within 60 Days: In line with BYND Cannasoft's customer-centric approach, the Company plans to engage a focus group to perform rigorous testing and evaluation of the EZ-G Device over the next 60 days. This process will provide valuable insights and user feedback, helping to refine the product to exceed customer expectations.â
- âFinalizing the EZ-G Device Prototype and Software by the End of the Fourth Quarter: Building upon insights gained from the focus group, BYND Cannasoft intends to build on its recent successful completion of the laboratory testing phase by fine-tuning the EZ-G Device's prototype and software. The Company is dedicated to refining user experience and functionality to introduce a superior product.â
- âGoing to Market with the EZ-G Device in the First Quarter of 2024: With a meticulously developed and thoroughly tested product, BYND Cannasoftâs management believes the Company is on track for a market launch of the EZ-G Device in the first quarter of 2024. The Company anticipates that the product will set new industry benchmarks.â In addition, as the company explains, BCAN is âactively negotiating with several companies with synergistic business models, particularly those in the CBD oils sectorâ. âThese discussions aim to establish transformative partnerships, opening doors for new opportunities and amplifying the impact of both companies in the market.â Here are some of the companyâs comments from this press release: âYftah Ben Yaackov, CEO and Director of BYND Cannasoft said, "As part of the prototype development of the EZ-G device, numerous comprehensive experiments were conducted during the recent laboratory testing phase to assess the functionality and performance of the assembled sensors within the device that are capable of detecting indicators such as temperature, heart rate, contractions, and fluids. Our next phase will include completing the prototype, engaging in feedback from various focus groups, and solidifying strategic agreements to bring the EZ-G Device to market." Mr. Ben Yaackov continued, "This is an excellent example of our commitment to delivering exceptional products and experiences to our customers. Our relentless focus on innovation and customer satisfaction continues to drive our success, positioning BYND Cannasoft as a trailblazer in the women's health industry.ââ But thatâs not all⦠On Monday, the company announced breaking news that could be an important growth catalyst: âIsraeli Technology Company BYND Cannasoft Enterprises Files US Provisional Patent Application and Full Scale PCT Application for Its EZ-G Deviceâ As the company further explains: âIn addition to potentially treating certain issues in the female reproductive system, the EZ-G device incorporates technological advancements as a sex toy, providing a more realistic experience. Equipped with sensors such as a pressure sensor, temperature sensor, conductivity sensor, and heart rate sensor, the EZ-G device prototype aims to identify specific factors that enhance users' pleasure. Through the use of artificial intelligence (AI), the device transmits and receives data from these sensors, capturing information about the conditions of the user's sexual organs, including moisture levels and muscle contractions' pressure variations.â Here are some of the companyâs comments from this press release: "Filing our latest patent with the World Intellectual Property Organization is a testament to our unwavering commitment to innovation and technological advancement in the field of artificial intelligence and machine learning," stated Yftah Ben Yaackov, CEO and Director of BYND Cannasoft. "The technology behind our EZ-G device showcases our commitment to shaping the future of machine learning, as well as reflects the dedication and expertise of our talented team. We are excited about its potential impact on women's health worldwide." BCAN has multiple potential catalysts in its favor to experience increased growth. Make sure to do your own due diligence. Sources: [PR1]( [PR2]( [PR3]( [PR4]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. DISCLAIMER You should read and understand this disclaimer in its entirety before joining the website or email/blog list of AwesomeStocks.com (the âPublisherâ). 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