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Loop Insights $MTRX.ca and ImagineAR $IP.ca $IPNFF Sign MOU To Integrate Artificial Intelligence and Augmented Reality #AR, Creating Real-Time Actionable Data For Brands To Hyper Target Consumers and Sports Fans

Posted by AGORACOM-JC at 7:16 AM on Monday, July 20th, 2020
Loop Insights – Medium
  • Announced the signing of an MOU with ImagineAR (CSE: IP); (OTCQB: IPNFF) an Augmented Reality (“AR”) mobile platform
  • Integration of each company’s respective technologies into a singular platform will deliver personalized promotions and targeted engagement, leading to higher conversions and transaction revenue in the professional sports, entertainment, and retail industries
  • Both companies are well supported and positioned with Loop recently becoming a member of the Amazon Partner Network and ImagineAR being a Microsoft co-sell Azure partner

VANCOUVER, BC, July 20, 2020 – Loop Insights Inc. (TSXV: MTRX) (the “Company” or “Loop”), a provider of contactless solutions and Artificial Intelligence (“AI”) to drive marketing and real-time consumer insights, is pleased to announce the signing of an MOU with ImagineAR (CSE: IP); (OTCQB: IPNFF) an Augmented Reality (“AR”) mobile platform.

The integration of each company’s respective technologies into a singular platform will deliver personalized promotions and targeted engagement, leading to higher conversions and transaction revenue in the professional sports, entertainment, and retail industries. 

Both companies are well supported and positioned with Loop recently becoming a member of the Amazon Partner Network and ImagineAR being a Microsoft co-sell Azure partner. ImagineAR clients include NBA Sacramento Kings, AT&T, Mall of America, and the Basketball Hall of Fame.

LOOP INSIGHTS ENTERING COMMERCIALIZATION WITH TIER-1 CUSTOMERS AND NORTH AMERICAN TELECOM GIANTS

On July 13, 2020, Loop announced the acceleration of conversations and projects with two of Canada’s largest telecommunications companies, as well as, two of the largest network providers in the United States. Moreover, the Company is in advanced discussions with major organizations in the NFL, NHL, NCAA, and a globally renown Casino company. 

Loop Insights CEO Rob Anson stated: “Loop Insights utilization of Artificial Intelligence and IoT technology was already turning heads in retail with our ability to deliver dynamic, personalized promotions in real-time. With ImagineAR’s immersive AR applications, we can create a whole new world of engagement that does not exist today. Together, our innovative solution unlocks engagement strategies that consumers simply have not previously experienced. This is the convergence of AI, IoT, and AR that technology companies have been promising the retail industry for years.”

THE COMBINED OFFERING AND MARKET OPPORTUNITY

ImagineAR allows its clients real-time engagement with their consumer using mobile augmented reality. Loop Insights enhances the AR solution with artificial intelligence to make the customer experience hyper-personalized promotions for the purpose of generating a higher average spend. Loop and ImagineAR will jointly introduce their platform to each other’s global client networks to increase reach and accelerate scalability. Revenues will be driven through onboarding and annual licensing fees, both companies will also benefit from monthly Software as a Service (SaaS) and managed service fees. 

ImagineAR CEO Paul Silverrstieen added: “Both of our companies are already focused on the sports, entertainment and retail industries. ImagineAR’s platform solution captures fan and consumer attention with its immersive experiential AR activations. Now with Loop’s integration, we can offer highly personalized, dynamic targeted promotions to increase loyalty and consumer spend, as well as marketing attribution to create detailed fan loyalty profiles, for our shared global clients.”

Together, the companies plan on seizing huge market opportunities in AR and AI. According to Allied Market Research, in 2017, the global augmented and virtual reality market size was $11.35 billion and is now projected to reach $571.42 billion by 2025—growing at a CAGR of 63.3%. The global artificial intelligence market size was estimated at $39.9 billion in 2019 and is expected to reach 62.3 billion by the end of this year (2020) alone. The companies are set on capturing meaningful market share by merging their respective groundbreaking technologies, which are already achieving 3rd party validation.

About ImagineAR Inc.
ImagineAR is an augmented reality (AR) platform that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings, products, landmarks, and more to instantly engage videos, information, advertisements, coupons, 3-D holograms, and any interactive content all hosted in the cloud and managed using a menu-driven portal.

About Loop Insights: Loop is a Vancouver-based technology company that provides transformative artificial intelligence services and IoT solutions to the brick and mortar retail industry to support its longevity in the face of a growing online consumer culture. At the core of its solution is the Fobi IoT technology, which has the unique ability to connect company-wide data with in-store transactional data in real time. This disruptive capability creates revenue-generating insights, which can be actioned through Loop’s automated personalized marketing platform to increase foot traffic, wallet share, loyalty and spend.

Forward-Looking Statements/Information: 

This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

VIDEO: Lomiko Metals $LMR.ca Engages Kenmar Securities to Raise $ 40 Million Cdn for Acquisition and Development of Critical Metals Projects $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-JC at 8:06 PM on Sunday, July 19th, 2020

Lomiko Metals Inc. announced that it has engaged Kenmar Securities, LLC of New York (“The Advisor”) to raise $ 40 million Cdn for acquisition and development of critical metals projects. Kenmar Securities, LLC, is a Delaware limited liability corporation and SEC-registered securities broker-dealer and FINRA member.

The Advisor will assist the Company in analyzing its business, operations, properties, financial condition and prospects, prepare suitable marketing materials, contact any potential partner companies, assist and advise the Company with respect to the financial form and structure of any potential transaction.

“This year is the start of the Electric Vehicle Revolution.  Lomiko would like to become part of the Battery Material supply chain” stated Mr. A. Paul Gill, CEO.

Watch this interview or listen by Podcast on AppleGoogleSpotify or your favourite podcaster.

St-Georges Eco-Mining Corp. $SX $SX.ca $SXOOF Provides Lithium Processing Technology Update

Posted by AGORACOM-JC at 3:21 PM on Sunday, July 19th, 2020
https://thedeepdive.ca/wp-content/uploads/2017/12/SX-Logo.png
  • provide additional information regarding the contracted pilot plant facilities of Carrefour innovation sur les materiaux de la MRC des Sources or “CIMMS” initially disclosed in a press release on July 10, 2020
  • The Company is also providing an update on its research and development process that is now fully reactivated following a slower development period in the last quarter

Montreal, July 19, 2020 –  St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to provide additional information regarding the contracted pilot plant facilities of Carrefour innovation sur les materiaux de la MRC des Sources or “CIMMS” initially disclosed in a press release on July 10, 2020. The Company is also providing an update on its research and development process that is now fully reactivated following a slower development period in the last quarter.

The pilot plant operations

The pilot plant being contracted is a “state of the art” newly-built facility owned and operated by CIMMS.

The agreement has an 18-month duration and can be extended. It marks the beginning of a new phase of testing in the development of the Company’s lithium processing technology.

CIMMS-contracted infrastructures and resources allow St-Georges Metallurgy to scale up instantly without the lag time usually experienced when research teams integrate new members and train on new equipment. CIMMS also contributes immediately to the Company’s bank of resources and expertise by making available experienced and highly respected lithium metallurgy researchers. The CIMMS-led team consists of:

Yu-Mei Han, Ph.D. Metallurgy, who is the technical director and was the process engineer during the start up of the Quebec lithium mine. She is very experienced in lithium pilot plant design and conception.

Denys Pinard, Chemist with nearly 40 years’ experience in hydrometallurgy. Denys was the 4th person hired by Quebec Lithium, where he participated in the start up of their commercial plant. His expertise revolves around lithium extraction processes, spodumene decrepitation, sulfidation, lixiviation, purification, and carbonation.

Jonathan Viens, Operation supervisor of the CIMMS, Jonathan has experience in characterization and optimization of spodumene acidulation processes. He has worked on the realization of different projects, specifically on optimizing lithium recovery.

Sylvain Couture, Eng. Director of CIMMS, Sylvain accumulates decades of experience in industrial equipment conception. Over the years, he contributed to various R&D initiatives focusing on industrial reject alternative usage and was involved in the start up of various industrial plants.

Enrico Di Cesare, St-Georges Metallurgy’s President, commented: “(…)With the extent of the partners and the laboratories we now have integrated with our research initiatives, we have the flexibility and scalability to fulfill all our research needs (…) the infrastructure and experience that is available and the elimination of team integration and equipment learning curves should reduce the lag time between design and conception and real-life industrial testing significantly. (…) The current approach allows development and innovation in parallel or allows multiple technical teams to work in conjunction to achieve innovation or solutions as required. (…) The elimination of fixed costs, building and commissioning, and the level of control we now have on our development and testing costs allow us to take chances on concepts that would have been put aside before. We will continue to focus on Key Performance Indicators but have some flexibility to try outside the box thinking and more freedom to innovate (…)”

For pictures and description of the CIMMS facilities, please scroll down to the end of this press release

Lithium Processing Technology Advancements

Shareholders and stakeholders alike should remember that the Company was able to concentrate mechanically the lithium found in the clay in the material obtained from Nevada Lithium projects. Air classification resulted in the elimination of 55% of the gangue material with no lithium loss resulting in an increase of approximately 2.2 times the lithium content in the resulting material (See Press Release “Independent Review of Phase One Lithium in Clay R&D Completed”, July 24, 2019).

Additional concentration with Nitric and Citric acid allowed for the elimination of up to 96% of the material without loss of lithium. The resulting 4% having 99.9% of the lithium still present in the solution and being equivalent to a 25-fold increase of lithium concentration in the resulting solution.


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Fig. 1 St-Georges’ Hydrometallurgical Lithium Extraction Process Phases

Larger scale tests now take in account the moisture content of the material, often up to 17% moisture, that the clay sediment carries and which results in almost the same percentage of acid loss that cannot be recycled in the process and also, currently, of some lithium loss up to the same 17% when the leach solution is filtered.

A conceptual scenario using 44 tonnes of feeding material from a blend of lithium-in-clay type projects would result in 24 tonnes being discarded and 20 tonnes being sent to an acid bath of 180 tonnes of a proprietary mix of acid dominated by nitric acid.

In the tests conducted during Phase I and previously disclosed, the Company metallurgists were able to leach within less than an hour, over 99.9% of the lithium into solution, at atmospheric pressure and ambient temperature.

However, the lithium needs to be recuperated, and the Phase I report initially underlined a significant challenge for the process at the time. Fine materials like clays can retain much of the acid and lithium in filter cake losses. That can represent retention of humidity that is higher than other concentrates, up to 17% compared to a maximum of up to 8% in traditional lithium concentrates obtained from spodumene hosted in hard rock material. The Company’s R&D efforts are now focused on further concentration and the reduction of acid losses in the residues.

This phenomenon seems to be universal to all lithium-in-clay projects across the industry and is not a specific situation. It impacts the recuperation grade and cannot be overlooked. Optimizing the purification steps and minimizing chemical losses will continue to be the priority along with minimizing energy requirements. The intent is also to be able to show value-added by-products such as fertilizer and start working with the industry to optimize chemistry to meet clients’ needs and improve value.

This led to an interesting discovery by the metallurgical team. A new approach was introduced in the conception of the Phase II processing technology applied to this type of material. The Company is now ready to conduct scaling tests with a proprietary adaptation of resin balls that will allow the recuperation of the lithium in the leach solution without filtration. The Company believes that this will significantly reduce the loss due to the moisture content. Tests need to be conducted on a large scale to test the potential recuperation improvements as well as the loss of acid that would remain in the acid leach containers and be recycled to process more material. It is important to note that the lithium loss due to moisture in the filtration press ends up in the mining residue without creating important challenges. However, the acid rejected constitutes a more important issue as it needs to be neutralized, increasing infrastructure, neutralization material, and workforce costs that, even if it is not estimated yet, are guaranteed to be significant. The ability to scale the solution recently discovered is then paramount and constitutes an important and positive development.


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ON BEHALF OF THE BOARD OF DIRECTORS

“Vilhjalmur T. Vilhjalmsson”

VILHJALMUR THOR VILHJALMSSON


President & CEO

About Carrefour d’innovation sur les materiaux de la MRC des Sources (CIMMS)

CIMMS is a publicly funded research and development corporation located in Asbestos, Quebec. It is supported by numerous local and regional organizations, along with the provincial and federal governments. CIMMS develops and carries out technological innovation projects specifically related to the industrial, mining/metallurgy and innovative materials sectors.

About St-Georges Metallurgy Corp.

Created to manage all metallurgical research and development, joint ventures and partnerships, and hold all mineral processing technology intellectual property and patents. The Corporation is a wholly-owned subsidiary of St-Georges Eco-Mining Corp.

About St-Georges Eco-Mining Corp.

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry. The Company controls all the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & the Manicouagan Palladium Project on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

Datametrex $DM.ca Appoints New Chief Financial Officer

Posted by AGORACOM-JC at 1:46 PM on Friday, July 17th, 2020
  • Announced the appointment of Andrea Yuan, BA, CPA, CGA as new Chief Financial Officer
  • Prior to joining Datametrex, Ms. Yuan was Chief Financial Officer for several public companies listed on the TSX Venture Exchange. She and has been involved in several private placements, prospectus filings, flow-through financings, and corporate audits. Andrea is fluent in both English and Mandarin (oral and written).

TORONTO, July 17, 2020 – Datametrex AI Limited (“Datametrex” or the “Company”) (TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to announce the appointment of Andrea Yuan, BA, CPA, CGA as new Chief Financial Officer (“CFO”).

This new addition to the Company’s executive leadership team brings with her nearly 26 years of financial experience in accounting and financial control with a combination of private and public companies in a variety of industries including cannabis, resource, and financial services. Andrea Yuan will work to ensure Datametrex’s financial health through strategic planning and management of the company’s finances.

Prior to joining Datametrex, Ms. Yuan was Chief Financial Officer for several public companies listed on the TSX Venture Exchange. She and has been involved in several private placements, prospectus filings, flow-through financings, and corporate audits. Andrea is fluent in both English and Mandarin (oral and written).

“I am thrilled to join Datametrex and this impressive leadership team with a history of growing great companies,” said Andrea Yuan. “Datametrex’s newly announced Health Security with selling Covid-19 test kit is well positioned for success, and I am happy to be a part of this journey.”

Ms. Yuan is a Certified General Accountant in British Columbia and a Certified Public Accountant in New Hampshire. She obtained her Bachelor of Economics from Shanghai University of Finance and Economics in 1994. Ms. Yuan started her career as an internal auditor and then as team head of the internal audit department at the Bank of China’s Shanghai Pudong branch in China from 1994 through to 1999. After arriving in Canada in spring of 1999, Andrea worked as an accountant at a small accounting firm while she worked towards her CGA designation.

Andrea moved to Davidson and Company LLP, Chartered Accountants, in 2004 where she worked in the firm’s audit group. From November 2006 until 2009, Andrea was employed as an audit manager at Davidson. From 2009 until October 2011, Ms. Yuan was employed as an audit principal at Davidson. In addition to overseeing a variety of Canadian public company audit files, she was also responsible for conducting the audits of various foreign public companies including Chinese and Korean companies.

“On behalf of the executive team and our Board of Directors, I would like to thank Steve Kang for his dedication and hard work during his tenure as CFO. I wish Steve nothing but success in his future endeavours. The appointment of Ms. Yuan as the Company’s new CFO represents a great addition to our leadership team, and I look forward to working with Andrea as we move the Company forward,” said Marshall Gunter, CEO of the Company.

Steve Kang, the current CFO of the Company, has resigned from his position and will stay on for the next several weeks to support Datametrex during the transition of the financial leadership.

About Datametrex

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Datametrex’s mission is to provide tools that support companies in fulfilling their operational goals, including Health and Safety, with predictive and preventive technologies. By working with companies to set a new standard of protocols through Artificial Intelligence and health diagnostics, the Company provides progressive solutions to support the supply chain. Additional information on Datametrex is available at www.datametrex.com

For further information, please contact:

Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

Neither the TSX Venture Exchange nor it’s Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

Loop Insights $MTRX.ca Announces International Contact Tracing Solution Update

Posted by AGORACOM-JC at 7:22 AM on Friday, July 17th, 2020
Loop Insights – Medium
  • Announced that it has accelerated conversations for the implementation of its Covid-19 contact tracing solution with government officials, and live event and stadium operators, in North America, Australia, Indonesia, and the U.K., since its launch in June 2020.
  • Loop’s goal is to leverage this frictionless implementation process to gain government and public sector endorsement at all levels

VANCOUVER, BC, July 17, 2020 – Loop Insights Inc. (TSX.V: MTRX) (the “Company” or “Loop”)—provider of transformative artificial intelligence (“AI”) Internet of Things (“IoT”) solutions—announced that it has accelerated conversations for the implementation of its Covid-19 contact tracing solution with government officials, and live event and stadium operators, in North America, Australia, Indonesia, and the U.K., since its launch in June 2020.

Loop CEO Rob Anson stated: “Receiving this level of interest across verticals and geographical borders is a true testament to Loop’s unique IoT connectivity capabilities. Our core technology has always been built on automation, simplicity and usability. To be able to support the health, safety, and economic recovery of communities is incredibly motivating. Our opportunity to expand Loop’s global reach has never been greater.”

The coronavirus has had a devastating effect on the health and economies of 188 nations. Government officials and business owners are aware that a second wave is coming, and to prepare, they need proper protocols and mandates in place. Loop’s key to success stems from an ability to seamlessly integrate and enhance businesses’ existing solutions. With its SIM-enabled connectivity, and compatibility with up to forty languages, Loop’s contact tracing platform supports fast, scalable deployment anywhere in the world.

Loop’s goal is to leverage this frictionless implementation process to gain government and public sector endorsement at all levels. For government contracts, the Company will gain revenue from onboarding fees per location, an annual software licensing fee with managed service, and ongoing revenue from active user fees. For venue operators, revenue stems from onboarding fees, monthly Software as a Service (SaaS) fees, and ongoing active user fees.

Loop COO Gavin Lee added: “Loop strongly supports the continuation of physical distancing and its implementation in business operations. We understand the need to kickstart economies, but in order to instill confidence back into sports venue and other hospitality experiences, systems must be in place to protect both staff and customers.”

Combining Loop’s IoT and artificial intelligence capabilities with wallet pass technology, creates a digital Covid-19 Contact Card (stored in their Apple or Google wallet). Users tap their mobile device to check in. Check-ins are tracked based on time and location; and if an outbreak is recorded, the platform can provide real-time notifications to an unlimited number of users. The Company’s automated solution is contactless, fast, accurate and scalable—and for those reasons, it is well positioned for global scale.

About Loop Insights: Loop is a Vancouver-based technology company that provides transformative artificial intelligence services and IoT solutions to the brick and mortar retail industry to support its longevity in the face of a growing online consumer culture. At the core of its solution is the Fobi IoT technology, which has the unique ability to connect company-wide data with in-store transactional data in real time. This disruptive capability creates revenue-generating insights, which can be actioned through Loop’s automated personalized marketing platform to increase foot traffic, wallet share, loyalty and spend.

Forward-Looking Statements/Information:

This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

Empower Clinics $CBDT.ca Announces Closing of Private Placement Increased Demand for COVID-19 Testing and Are on Pace for Record July Patient Visits $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 1:29 PM on Thursday, July 16th, 2020
  • Closes private placement of $720,866.00 to support the Company growth plan
  • Continues to meet increased demand for COVID-19 testing in Arizona clinics, along with supporting record patient demand in July 2020

VANCOUVER, BC / July 16, 2020 / EMPOWER CLINICS INC. (CSE:CBDT)(Frankfurt:8EC)(OTCQB:EPWCF) (“Empower” or the “Company“), a life sciences company, is pleased to announce the closing of its non-brokered private placement of an aggregate of 14,417,334 units of the Company (each, a “Unit“) at a price of $0.05 per Unit for gross proceeds of $720,866.00 (the “Offering“).

The proceeds of the Offering are expected to be used by the Company for general working capital and corporate purposes and to support the launch if it’s previously announced psychedelics division Dosed Wellness Ltd. www.dosedwellness.com

The Company also continues to see strong demand for COVID-19 testing supported by an expansion to five-day per week testing schedule in Phoenix, AZ clinics. In addition, Sun Valley Health has added ten (10) new hires and (4) internal management promotions in the past 30 days to manage the increased volumes of patients, that are anticipated to reach record levels in July 2020.

“Our clinic team continue to provide exemplary support and care for patients, in a safe and compassionate manner,” said Steven McAuley, Chairman & CEO. “Successfully accessing the capital markets to support growth allows the Company to advance its ongoing plan of providing diversified health & wellness services and positioning us to become a long-term market leader.”

Each Unit is comprised of one Share and one Warrant, with each Warrant exercisable into one Warrant Share at an exercise price of $0.12 per Warrant Share for a period of two years following the Closing.

The Units, and the underlying Shares, Warrants and Warrant Shares (collectively, the “Securities“), are subject to restrictions on resale under applicable Canadian securities laws for a period of four months and one day from the closing of the Offerings. None of the Securities have been or will be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities, in any jurisdiction in which such offer, solicitation or sale would require registration or otherwise be unlawful.

ABOUT EMPOWER

Empower is a vertically integrated health & wellness company with a network of corporate and franchised health & wellness clinics in the U.S. The Company is focused on helping patients improve and protect their health, through innovative physician recommended treatment options. The Company has launched Dosed Wellness Ltd. to connect its significant data, to the potential of the efficacy of alternative treatment options related to hemp-derived cannabidiol (CBD) therapies, psilocybin and other psychedelic plant-based treatment options.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

Investors: Dustin Klein
Director
dustin@svmmjcc,com
720-352-1398

Investors: Steven McAuley
CEO
[email protected]
604-789-2146

For French inquiries: Remy Scalabrini, Maricom Inc., E: [email protected], T: (888) 585-MARI

DISCLAIMER FOR FORWARD-LOOKING STATEMENTS

This news release contains certain “forward-looking statements” or “forward-looking information” (collectively “forward looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements can frequently be identified by words such as “plans”, “continues”, “expects”, “projects”, “intends”, “believes”, “anticipates”, “estimates”, “may”, “will”, “potential”, “proposed” and other similar words, or information that certain events or conditions “may” or “will” occur. Forward-looking statements in this news release include statements regarding; the Company’s intention to open a hemp-based CBD extraction facility, the expected benefits to the Company and its shareholders as a result of the proposed acquisitions and partnerships; the effectiveness of the extraction technology; the expected benefits for Empower’s patient base and customers; the benefits of CBD based products; the effect of the approval of the Farm Bill; the growth of the Company’s patient list and that the Company will be positioned to be a market-leading service provider for complex patient requirements in 2019 and beyond. Such statements are only projections, are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including; that the Company may not open a hemp-based CBD extraction facility; that legislative changes may have an adverse effect on the Company’s business and product development; that the Company may not be able to obtain adequate financing to pursue its business plan; general business, economic, competitive, political and social uncertainties; failure to obtain any necessary approvals in connection with the proposed acquisitions and partnerships; and other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned not to place undue reliance on the forward-looking statements in this release, which are qualified in their entirety by these cautionary statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements in this release, whether as a result of new information, future events or otherwise, except as expressly required by applicable laws.

New Age Metals $NAM.ca Initiates Environmental Baseline Program at River Valley as part of Phase 2 Program $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 8:56 AM on Thursday, July 16th, 2020
  • The Company is initiating a Phase 2 program as part of its 2020 exploration and development program at its 100% owned River Valley Palladium Project.
  • Phase 2 will include further drilling in the northern area of the project, in addition to the initiation of environmental baseline studies. Pending results from the drill program, downhole induced polarization surveys may be conducted.
  • A Phase 3 program is designed and would occur in Q4 2020, pending the results of Phase 2.
  • Story Environmental of Haileybury, Ontario was engaged to initiate environmental baseline programs on the project which includes surface water quality programs, hydrological data collection, fish community and fish habitat studies and an archaeological assessment at the River Valley Palladium Project.
  • The Company announced positive results from its Phase 1 exploration program on June 2, 2020. The Phase 1 program consisted of an 8-hole, 1,600 m drill program and it successfully extended the pine zone mineralization up-dip to the north and along strike to the east, confirmed a linkage between the Pine Zone and the Dana North Zone and confirmed block model palladium mineralization continuity within the northern area of the project.
  • July 13, 2020 palladium spot price is US$1,945/oz. Continued disruptions in both the supply and demand factors directly related to palladium have contributed to sustained price levels well above the 2-year trailing average price used in the 2019 River Valley Palladium project PEA (US$1,200/oz)
  • The River Valley Palladium Project is one of North America’s largest undeveloped primary palladium projects, located 100 km northeast of Sudbury, Ontario

July 16, 2020 –  Rockport, Canada – New Age Metals Inc. (TSXV:NAM); (OTC:NMTLF); (FSE:P7J). NAM is pleased to announce as part of its Phase 2 2020 exploration and development program at the Company’s 100% owned River Valley Palladium Project, that Story Environmental (“Story”) has been engaged to conduct environmental baseline work beginning in the third week of July.

Harry Barr, Chairman & CEO stated, “We are happy to be working with Story Environmental on this critical work program at River Valley. As a development asset, we are looking forward to continuing to de-risk River Valley by adding to our existing environmental studies and completing our 2019 Preliminary Economic Assessment recommendations in advance of a Prefeasibility study.”

The environmental baseline studies are planned to commence in the third week of July. Adequate consideration at the start is necessary to ensure that such programs are rigorously defined and that the appropriate data are collected and aligned to support future permitting efforts. This year’s data collection will include: collecting and analysing two rounds of surface water samples in both low- and high-flow conditions, conducting flow measurements at two local sites, and conducting a fish community and habitat survey. The baseline program data collection may continue into Q4 2020, depending on progress and field conditions.

Further to the environmental baseline program, a Stage 1 Archaeological Assessment within the River Valley Project area will be completed as part of the Company’s Phase 2 program.

The Phase 2 exploration and development program will also include a drill program, in which two vertical holes totalling 750 metres are planned and will be completed by a single diamond drill rig. Drilling is scheduled to commence in the third week of July and should be completed within about two weeks. The drilling will test for presence of the favourable Breccia Unit of the River Valley Intrusion (or feeder magma conduit), fault and fold structures, and palladium mineralization, either an along strike continuation of the Pine Zone or a new zone (Figure 1). Assay results should be available from the laboratory by the end of August. Pending results, the two Phase 2 holes and other holes nearby may be surveyed by downhole IP techniques for off-hole anomalies that could represent palladium mineralization. This Phase 2 drill program is the second phase of a three phase 5,000 metre drill program proposed for 2020.


Click Image To View Full Size

Figure 1. Pseudo-section view looking roughly southwest along strike of target towards the Pine Zone palladium mineralization. Two Phase 2 drill hole locations (PZ-20-07p and PZ-20-08p) shown in red. The objective of these two holes is to test for the presence of the following three geological features: 1) the favourable host Breccia Unit; 2) palladium mineralization (i.e., the IP chargeability target); and 3) the Boundary Shear Zone.

About the River Valley Palladium Project

The details of the updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) were announced in the press release dated August 9, 2019 and are described on NAM’s website. The pit constrained Updated Mineral Resource Estimate formed the basis of the PEA. At a cut-off grade of 0.35 g/t PdEq, the Updated Mineral Resource Estimate contains 2.9 Moz PdEq in the Measured plus Indicated classifications and 1.1 Moz PdEq in the Inferred classification. The PEA is a preliminary report, but it demonstrates that there are potentially positive economics for a large-scale mining open pit operation, with 14 years of Palladium production. Refer to the NAM website (www.newagemetals.com) for details.

About NAM

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America.
The Company has two divisions; a Platinum Group Metals division and a Lithium/Rare Element division. The PGM division includes the 100% owned River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 km from Sudbury, Ontario and the Genesis PGM Project in Alaska. The Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium. Our philosophy is to be a project generator with the objective of optioning our projects with major and junior mining companies through to production. New Age Metals is a junior resource company on the TSX Venture Exchange, trading symbol NAM, OTCQB: NMTLF; FSE: P7J with 138,854,511 shares issued to date.

Investors are invited to visit the New Age Metals website where they can review the company and its corporate activities. Any questions or comments can be directed to [email protected] or Harry Barr at [email protected] or Cody Hunt at [email protected] or call our field office at 613 659 2773.

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Qualified Person

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Bill Stone, P.Geo., a consulting geoscientist for New Age Metals. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors

Harry Barr”

Harry G. Barr

Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

TransCanna $TCAN.ca Commences “Phase 1” Construction and Roll-Out of Commercial Activities at Flagship Daly Facility $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 7:01 AM on Thursday, July 16th, 2020
tcan-square
  • Begun preparations for the commercial launch of distribution activities at its flagship 196,000 square foot Daly Avenue Facility in Modesto California
  • Goal of Phase 1 is to focus on expansion and ramp-up of the companies’ distribution activities
  • Revised design of Phase 1 of the Daly Distribution build-out increases capacity by 16,000 square feet, allowing the Company to expand this core business unit to service escalating demand from customers

Vancouver, British Columbia–(July 16, 2020) – TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) (“TransCanna” or the “Company”) is pleased to announce that with the recent state-wide final license approval, today its wholly-owned subsidiary, Lyfted Farms, Inc. (“Lyfted”), has begun preparations for the commercial launch of distribution activities at its flagship 196,000 square foot Daly Avenue Facility in Modesto California.

The goal of Phase 1 is to focus on expansion and ramp-up of the companies’ distribution activities. The revised design of Phase 1 of the Daly Distribution build-out increases capacity by 16,000 square feet, allowing the Company to expand this core business unit to service escalating demand from customers.

“After many months of planning and preparation, our team is thrilled to begin operations inside of Daly,” said CEO Bob Blink. “We look forward to rewarding our investors’ patience with this initial phase and present the true potential we believe The Daly Building has to offer. As early as Q4 2020, we expect to see an incremental increase in revenue from Distribution activities in the vicinity of $6,000,000 CDN per quarter. When combined with existing revenues, our target run-rate by our fiscal year-end should exceed previous projections and be in the neighborhood of $36,000,000 CDN.”

Lyfted Farms has accepted a contract with Bay Alarm Company to install a state of the art, integrated security system in preparation for commercial activity at the Daly facility. Pre-site preparations are underway, and system completion is expected by August 15, 2020.

Additionally, the facility’s triple-redundancy heating, ventilation, and air conditioning “HVAC,” sub-forty-degree Fahrenheit freezer, and distribution area systems have been activated for pre-cooling and calibration within the areas of operation. Employee technician training has started on the Company’s high speed automated packaging systems, combining WeighPack Swifty Baggers and Combiscale 14-head rotary scales to provide high-efficiency and precision filling, which reduce labor and material costs to industry-leading levels.

Packaging and support materials began arriving this week into the Daly distribution center with completion of the Phase 1 Distribution build-out expected by September 15, 2020.

About TransCanna Holdings Inc.

TransCanna Holdings Inc. is a California based, Canadian listed company building Cannabis-focused brands for the California lifestyle, through its wholly-owned California subsidiaries.

For further information, please visit the Company’s website at www.transcanna.com or email the Company at [email protected].

On behalf of the Board,

Bob Blink, CEO
604-349-3011

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws or forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs regarding future events of management of the Company. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation estimates and forecasts and statements as to management’s expectations for growth and the commencement of operations of the Company’s Daly facility.

The forward-looking information in this press release is based upon certain assumptions that management considers reasonable in the circumstances, including that operations will commence at the Company’s Daly facility in Modesto, California as and when expected.

These forward‐looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially from any future results, events or developments expressed or implied by such forward-looking statements. Risks and uncertainties associated with the forward looking information in this news release include, among others, dependence on obtaining and maintaining regulatory approvals, including state, local or other licenses and any inability to obtain all necessary governmental approvals licenses and permits to complete upgrades to its Daly facility in a timely manner; engaging in activities which currently are illegal under U.S. federal law and the uncertainty of existing protection from U.S. federal or other prosecution; regulatory or political change such as changes in applicable laws and regulations, including U.S. state-law legalization, particularly in California, due to inconsistent public opinion, perception of the medical-use and adult-use marijuana industry, bureaucratic delays or inefficiencies or any other reasons; any other factors or developments which may hinder market growth;; reliance on management; and the effect of capital market conditions and other factors (including those related to the COVID-19 pandemic) on capital availability; competition, including from more established or better financed competitors; and the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look, except in accordance with applicable securities laws.

CLIENT FEATURE: Binovi Technologies $VISN.ca Creating Faster Brains Through Stronger Eyes $EYPT $KALA

Posted by AGORACOM-JC at 6:00 PM on Wednesday, July 15th, 2020
http://www.smallcapepicenter.com/binovi%20square.png

Trusted and used by some of the world’s top professional sports teams, including:

(VISN:TSXV) (EYCCF:OTCQB) (2EYA:GR)

Binovi Technologies Secures VIMA Rev Strobe Lenses through a Strategic Product Acquisition

REV training enhances your sensory skills by removing milliseconds of visual information. Think of it like resistance training for your brain. As the REV lenses strobe, your brain is forced to work with less, making decisions and reacting in a hyper-efficient way.

  • Technology will seamlessly integrate into the Company’s Binovi Product Platform
  • Vision training stimulates “perceptual learning,” as it relates to the brain’s ability to improve perception through neuro-vision training
  • The intended result is to enhance the brain’s visual processing speed and accuracy through various exercises
  • These performance improvements represent fine tuning of existing processing skills

Why Binovi?

  • Binovi Has Already Started Commercializing Its Vision Therapy Platform
  • Clients Include: 
    • Dallas Stars (NHL)
    • Chicago Cubs (MLB)
    • Sporting KC (MLS)
    • Tennis Canada
    • Showcased During NFL Scouting Combine
  • Company’s Vision Therapy Products Used In:
    • Over 1,500 Practices
    • 20 Countries
  • Flagship “Binovi” Is State-Of-The-Art Platform
    • Measures 14 Key Vision Skills
    • Essential For Maximizing Brain Performance
    • Shipped Over 400 Binovi Units (April 2020)
    • Goal Is 2,500 Binovi Units (End Of 2020)
  • Signed Sports Vision Partnership With Eli Wilson Goaltending
    • World Leader In Goaltending Development
    • 600 Active Goaltending Camp Participants
    • 50,000 Global Aspiring Goaltenders
  • Binovi is now well positioned to further commercialize and capitalize on massive demand for Vision Therapy and Training For Athletes and Education

Binovi Technologies is an advertising client of AGORA Internet Relations Corp.

Empower Clinics $CBDT.ca – #Psychedelic Therapists Petition Government For Permission To Dose Themselves In Order To Better Treat Patients $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 5:40 PM on Wednesday, July 15th, 2020

SPONSOR:

  • A leading owner/operator of physician staffed health and pain management clinics.
  • Patient database of over 165,000 patients 
  • Proprietary technology platforms including Electronic Health Records portal and e-Commerce for CBD product distribution
  • Recently launched CBD extraction facility
  • First extraction system capacity = 2,300 Kg per year.
  • CBD based products are poised to be a $20B global industry by 2022
  • Medical cannabis is poised to be a $100B global industry by 2025
  • Company to create Psilocybin and Psychadelics Division leveraging corporate wellness clinics and franchise clinic
  • Commenced tele-medicine services for patients, both in-clinics and virtually through secure video, on browser and in mobile app
  • Successfully conducted COVID-19 antibody business employee testing, solidifying the importance of phase three of the testing program
  • Conducted 2,302 physician-patient consultations setting a new milestone in patient volume for the month of May

———

Psychedelic Therapists Petition Government For Permission To Dose Themselves In Order To Better Treat Patients

  • “The fundamental reason to expose therapists to their own experiences with psychedelics is that, unless you have visited these realms, you are unlikely to understand their importance.”

By Ben Adlin

As a group of terminally ill patients in Canada awaits word from the minister of health on whether they can legally access psychedelic mushrooms for end-of-life care, their team of clinicians has tacked on an additional request: The therapists want to be able to dose themselves, too.

The group behind the request, Victoria, B.C.–based TheraPsil, a nonprofit that aims to expand access to psilocybin-based psychotherapy in Canada, says the additional step of providing safe access for therapists will ensure they gain firsthand experience into the psilocybin’s effects and its applications to psychotherapy.

“The fundamental reason to expose therapists to their own experiences with psychedelics is that, unless you have visited these realms, you are unlikely to understand their importance.”

“Part of ensuring a very high-quality psychedelic treatment for patients is to ensure high-quality training for therapists,” Spencer Hawkswell, TheraPsil’s executive director, told Marijuana Moment in an interview. “It’s greatly beneficial if therapists have had psychedelic therapy themselves.”

Few people, he offered by analogy, “would advise going to a sex therapist who’s never had sex before.”

TheraPsil, founded by clinical psychologist and psychotherapist Bruce Tobin, has been fighting for expanded access to psilocybin end-of-life care for years. In 2017, the group first filed a petition to exempt patients with certain terminal conditions from Canada’s ban on psilocybin. It was reportedly the first time a therapist had asked the Canadian government for such an exemption.

It wasn’t until this past January that TheraPsil finally heard back, Hawkswell said. “After three years of back-and-forth, they got back to us and said, ‘We’re going to be rejecting this application.’” The agency said there was no obvious medical necessity for the psychedelics.

TheraPsil was undaunted. “They say there’s no necessity,” Hawkswell said. “Maybe it’s because they haven’t met that person yet.”

In April, the group helped four more people with terminal illnesses file petitions with Health Canada and Health Minister Patty Hajdu seeking exemptions that will allow them to access psilocybin. In an interview with Marijuana Moment, Hawkswell said patients had gone months so far without a word from Hajdu, who with a stroke of a pen could allow the patients to access the drug.

“What we are working on right now is ramping up our messaging,” Hawkswell said. “We are going to try everything we can to get to the minister to make sure she sees these patients and responds to them.”

Dear @PattyHajdu, today marks the 75th day that palliative Canadians have been waiting on a reply from YOU re: their section 56 exemptions for compassionate access to #psilocybin. In the words of Dr. Bruce Tobin, TheraPsil’s founder: “Please, do not make them wait any longer” pic.twitter.com/JRITGwtcMR

— TheraPsil (@TheraPsil) July 6, 2020

Efforts to allow TheraPsil’s clinicians to use psilocybin themselves are more recent. Dr. Sean O’Sullivan, an emergency room physician and psychotherapist who serves on TheraPsil’s board of directors, said the exemptions are necessary so that therapists can be better trained and more familiar with how psychedelics work in a therapeutic setting.

“The fundamental reason to expose therapists to their own experiences with psychedelics is that, unless you have visited these realms, you are unlikely to understand their importance,” O’Sullivan told Marijuana Moment. “The point is to allow therapists to understand the field they’re plowing in.”

Therapists need to be alert and able to recognize how psychedelic experiences manifest themselves in therapy, O’Sullivan said. Patients might bring up material having to do with their own birth, a traumatic experience or interactions with otherworldly beings. “If you’re not attuned to this possibility, not aware of this possibility, then it’s just going to slide by you,” he said. 

“It’s a bit like describing Beethoven’s Fifth,” O’Sullivan added. “You can describe it all you like, but at some point you have to play the music.”

As psychedelic therapy is more widely sought by patients, O’Sullivan said, demand for qualified therapists is likely to go up. “We are expecting that as we get more permission for patients to access psilocybin at the end of life,” he said, “that there will be an increase in demand for therapists that have had that psychedelic experience.”

Public opinion in Canada generally supports allowing access to psilocybin therapy for the terminally ill, TheraPsil says. A poll released by the group last month found that 59 percent of Canadians support legal access. Including respondents who said they were “ambivalent,” TheraPsil said, acceptance increased to 78 percent.

“What’s unreasonable is the political decision” to deny patients access to psilocybin, Hawkswell argued. “It’s not a scientific one, it’s not a democratic one. It’s political.”

Patients facing their imminent death often experience feelings and fears that psychedelics can help to ease, he said. Among them are demoralization, anxiety and depression. Existing treatment includes pharmaceuticals, talk therapy and occasionally inpatient treatment.

Psychedelics play a role in treatment by inducing what Hawkswell and others refer to as a “mystical experience”—a collection of psychoactive and sometimes spiritual events that accompany a psychedelic journey. The experience can reorient a person’s way of thinking, dissolving barriers between an individual and the world around them. For end-of-life patients, he explained, it can help them embrace that death “is natural—just as natural as being born.”

Practitioners note that psychedelic therapy doesn’t work the same way as many other pharmaceutical drugs, such as antidepressants or even medical marijuana. Patients usually take those substances under their own supervision and allow them to work in the background. With therapeutic use of psilocybin and other psychedelics, patients typically take the drug and undergo guided psychotherapy. Psychedelics’ unusual, sometimes disorienting effects are believed to allow patients to better approach and engage obstacles, then emerge with a fresh perspective.

Another psychedelic therapy group, Field Trip, which uses ketamine in therapy, describes the treatment on their website as a way “to press reset on your mental health.”

The emerging promise of psychedelics in recent years have caught the attention of academics, public policy reformers and even the U.S. government. Last month, the University of North Carolina (UNC) announced a $27 million project funded by the department of defense to research and develop psychedelics-inspired drugs.

That project’s researchers seem to believe they can separate psychedelics from what they describe as “disorienting” side effects, despite what Hawkswell and others say about the importance of a “mystical experience.”

“Although drugs like ketamine and potentially psilocybin have rapid antidepressant actions, their hallucinogenic, addictive, and disorienting side effects make their clinical use limited,” said Bryan L. Roth, a professor of pharmacology at UNC School of Medicine and the research team’s leader. The government partnership, UNC said, “aims to create new medications to effectively and rapidly treat depression, anxiety, and substance abuse without major side effects.”

In September of last year, Johns Hopkins University announced the launch of the nation’s first-ever psychedelic research center, a $17-million project to study the use of psychedelics to treat conditions such as opioid use disorder, Alzheimer’s disease, depression, anxiety and post-traumatic stress disorder.

Meanwhile, activists in the United States have advocated for state- and local-level reforms to research, decriminalize and in some cases even legalize psychedelics themselves.

At the municipal level, Denver became the first U.S. city to enact such a reform, with voters in May 2019 approving a measure to effectively decriminalize possession of psilocybin mushrooms. Soon after, officials in Oakland, California, decriminalized possession of all plant- and fungi-based psychedelics. In January of this year, Oakland activists unveiled plans to allow go further and legalize the commercial sale of natural entheogenic substances. That same month in nearby Santa Cruz, the City Council effectively decriminalized psychedelics by voting to make the enforcement of laws against them among the city’s lowest enforcement priorities.

Reformers are now pushing for similar changes in other jurisdictions. In Washington, D.C. this month, Decriminalize Nature D.C. submitted signatures to qualify a measure for November’s ballot that would decriminalize all natural psychedelic drugs, including psilocybin, ayahuasca and ibogaine.

Other reform efforts are ongoing in Oregon, where voters later this year will decide whether to legalize psilocybin therapy—the very therapy TheraPsil’s patients are pushing Canadian Health Minister Hajdu to allow. Oregon voters will also see a separate measure to decriminalize the possession of all drugs and expand access to treatment for problem use on their November ballot.

Lawmakers in Hawaii earlier this year approved a plan to study psilocybin mushrooms’ medical applications with the goal of eventually legalizing access.

In Canada, for now, psilocybin remains illegal. Hawkswell of TheraPsil, however, believes a constellation of other national policies—including medical marijuana, safe injection sites, and physician-assisted dying—support extending psilocybin access to patients in palliative care. And Canada already permits certain religious groups to use ayahuasca as religious sacrament, Hawkswell noted.

“At this point psilocybin is a reasonable medical choice for these individuals,” he told Marijuana Moment. “This is about the minister being compassionate and using her ministerial abilities to help give patients access to something that’s going to help them.”

Patients waiting to hear back from Hajdu’s office, he said, don’t have time to wait for lengthy, bureaucratic processes. “We’re not just going to keep waiting,” he told Marijuana Moment. “We do have a legal team prepared, but that’s all I’ll say.”

Source: https://www.marijuanamoment.net/psychedelic-therapists-petition-government-for-permission-to-dose-themselves-in-order-to-better-treat-patients/