Posted by AGORACOM-JC
at 5:46 PM on Thursday, May 14th, 2020
SPONSOR: Else Nutrition Holdings Inc. (TSX-V: BABY)The award winning, plant-based nutrition company for small cap investors. The company has a $10,000,000 cash balance for US product launch In Q2 2020 with International agreements in Q3. Learn More
Baby Meals Growing by 153% as Parents Stock Up on Infant Nutrition
The COVID-19 outbreak caused many consumers to stock up on essentials as they feared an indefinite lockdown
Baby food is one essential item that has seen soaring demand during the pandemic
Many consumers have struggled to find items like canned or jarred baby foods and infant formula in stores and online as manufacturers like Similac and Enfamil work to increase their production and restock shelves.
There has also been rising demand for organic baby foods as consumers are more concerned about ensuring their children have access to healthy foods that can help boost their personal immunity. All of this has led to a rising interest in baby meal delivery services like Yumi and Little Spoon which provide a weekly menu of freshly prepared meals suitable for babies and toddlers.
Posted by AGORACOM-JC
at 4:42 PM on Thursday, May 14th, 2020
SPONSOR: Esports Entertainment Group(GMBL:NASDAQ) – Millions of people from around the world tune in to watch teams of video game players compete with each other. In first quarter 2020, YouTube reported 1.1 billion hours watched, an increase of 13% when compared to fourth quarter 2019. Wagering on Esports is projected to hit $23 BILLION this year although that number will likely be eclipsed due to the recent pandemic. Esports Entertainment Group is the next generation online gambling company designed for the purpose of facilitating as much of this wagering as possible. LEARN MORE.
2020 is going to be a year we’re never going to forget, that’s pretty much a given
Covid-19 is going to be the headline for the year, but there’s another that’s quietly burning in the background: mobile esports
We think the market is going to explode this calendar year. And here’s why:
The Numbers
Let’s start with what the data-driven experts give us. The gist of it: in terms of cold numbers, esports is going through incredible growth (and it’s going to get even better). In 2017, revenue number clocked in at an impressive $665 million.
Compared to what 2020 promises to be, however, these figures will look like chump change. What you find in the back of the couch kind of stuff. Esport is definitely here to stay according to WSN, it is expected that wagering will reach a staggering $12.9 billion in 2020 alone. Considering that at the time of writing most of the world is in lockdown mode, that figure could climb even higher.
So the conclusion is an obvious one. 2020 will be a great year for mobile esports. But why? What are the reasons behind this shift? Let’s break it down.
The Introduction of 5G Networks
There’s an infamous quote that has gone around the gaming community for a few years: “Games don’t make you violent, lag does.†Even if you’re not a gamer, you’ve undoubtedly experienced similar frustration. You’re in the middle of finishing your last-minute work presentation while commuting on the train, and the signal dies. You’re trying to watch Netflix, but all you get is a stuttering grainy mess that vaguely resembles your favorite show.
Lag is the worst.
And because of the lack of a high-speed reliable connection, mobile gaming hasn’t quite been able to reach its potential. When it comes to multiplayer esports gaming, lag is a showstopper. With the already decent 4G and with the introduction of 5G networks, mobile gaming is now a serious proposition. 5G technology will allow more of us to connect, higher speed transfers, and lower latency (the latter being essential for multiplayer gaming).
Introduction of Major Titles
Mobile esports has always been a bit of a brother to more popular gaming options. Developers would look at the flagship titles for PCs and consoles first and foremost, with mobile gaming coming in at a distant second.
That situation is changing rapidly. Instead of having to choose from games developed by the second string, mobile esports is growing in credibility and in the quality of games available. Compared to just a few years ago, it’s just no contest.
Perhaps the best example is Free Fire, essentially an online battle royale that attracts millions of players from around the world. Comparable and perhaps even superior to titles in the same genre, Free Fire welcomed over one million viewers for its inaugural tournament.
We’re also seeing familiar titles from traditional consoles being released on mobile. Call of Duty: Mobile is perhaps the most well-known example, with the game being downloaded more than 170 million times since it was released. Clearly the big players are seeing there’s a huge market with massive potential to tap into.
The ‘Non-Gamer’ Gamers
Mobile games attract a sector that most consoles and PCs haven’t yet been able to touch: non-gamers. The numbers are revealing: 80% of people who do not list gaming as one of their interests are nevertheless still playing games on their cell phones on a consistent basis. Considering many of us own a smartphone, that’s a huge number of people being introduced to mobile gaming (and by extension esports) that never would have been otherwise.
Also, consider just how popular smartphone gaming is in fast-growth markets. In Africa, for example, 70% of smartphone users open up a mobile game. In LATAM, it’s 60%. With smartphone usage increasing and connections being improved across the board, esports is now a realistic option for many players.
Accelerated Growth
Covid-19 has touched every fabric of modern life. With the majority of us being stuck inside for most of our waking hours, gaming has become a nice distraction from the realities of the outside world. And companies have taken notice, accelerating the growth of the mobile esports industry.
Activision, for example, has partnered up with Sony to launch the exciting Call of Duty: Mobile World Championship for the end of April 2020. With a kitty of $1 million, we’re talking some serious cash. While it’s nowhere near the console version (with competitions easily being worth 8 figures), it’s a promising start.
What’s Beyond 2020?
It’s clear that 2020 is going to be a seismic year for mobile esports. But the way we see it, it’s just the start. Once 5G has truly landed, the big players in the industry roll out even more options, and people start to really understand the potential that’s there, we expect mobile esports to become ubiquitous amongst a huge proportion of gamers.
Tags: EA sports, egaming, esports, Fortnite Posted in Esports Entertainment Group | Comments Off on Why is Mobile #Esport booming like crazy? – SPONSOR: Esports Entertainment Group $GMBL $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca
Posted by AGORACOM-JC
at 11:27 AM on Thursday, May 14th, 2020
SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.
Could COVID-19 be telehealth’s big moment?
Over the five-year period that the analysis looks at, the U.S. telehealth market could see a compound annual growth rate (CAGR) of 38.2%
This year alone, the analysts expect the market to experience year-over-year growth of 64.3%
Over the five-year period that the analysis looks at, the U.S. telehealth market could see a compound annual growth rate (CAGR) of 38.2%. This year alone, the analysts expect the market to experience year-over-year growth of 64.3%.
“The critical need for social distancing among physicians and patients will drive unprecedented demand for telehealth, which involves the use of communication systems and networks to enable either a synchronous or asynchronous session between the patient and provider,†Frost & Sullivan healthcare principal analyst Victor Camlek said in a news release. “However, all stakeholders need to remember that many people use the terms ‘telehealth’ or ‘telemedicine’ without understanding the ecosystem that is involved. This study will clarify the many components that are needed in order to implement telehealth.â€
Camlek said that virtual visits and remote patient monitoring will propel the telehealth market, then mHealth and personal emergency response systems will come into play as well.
The analysis hypothesizes that the opportunity for telehealth to become the standard of care is growing amid the pandemic and the main challenge for providers is the capabilities for scaling up during the increase in demand.
Frost & Sullivan expects growth to be sustained beyond the pandemic by vendors who deliver user-friendly sensors, practical applications of artificial intelligence, interactive virtual assistants and robotics, as well as use of big data analytics and adherence to cybersecurity, among other things.
Posted by AGORACOM-JC
at 11:18 AM on Thursday, May 14th, 2020
SPONSOR: BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.
Online test preparations is also one of the growing segments in the Indian Ed tech space, almost 70 percent of traditional publishers are digitising their content since they see a sizeable addressable market
Students are looking for technology-driven, flexible and convenient options for themselves and these factors are gradually making the prospect of higher education online more appealing for students and professionals.
India is known as one of the best education markets globally. However, education in India comprises of high costs especially related to textbooks as one is never enough. The founders saw a market opportunity as students restrict their intelligence and score by accessing a limited number of course books simply because it is not affordable and possible to buy all the books available physically.
Thus, KopyKitab helps students whether in school, college or competitive exams aspirants to access the top-selling syllabus digitally through their library. The AI and ML programs also help students access relevant books for their needs.
Amit Shrivastava, Co-founder & CTO, KopyKitab tells us why depending on technology in the education space is a good idea.
The current pandemic has left many topsy turvy. Has this lockdown led to an upsurge in traffic?
Ed tech today has spread its wings far and wide; for KopyKitab, we are growing fast and have seen 69% rise in new users, a 45% increase in reading session and 200% jump in revenue. As students and institutions get more comfortable using Ed tech services and virtual classrooms, they are not shying away from paying for relevant content. We believe that Ed tech has shown the potential to disrupt the entire value chain.
Online test preparations is also one of the growing segments in the Indian Ed tech space, almost 70 percent of traditional publishers are digitising their content since they see a sizeable addressable market. Students are looking for technology-driven, flexible and convenient options for themselves and these factors are gradually making the prospect of higher education online more appealing for students and professionals.
How are you abiding by a different business model, especially when there are plenty of other players in the market?
For KopyKitab, since its inception, we have set out to make education more affordable and accessible. From the day when Ed tech was yet to go through a technological disruption and textbooks especially Higher Education, costs a lot, and students, especially from Tier II and Tier III towns, had limited access, we understood the pain points from our own experience as both the founders have grown up in small towns and did their schooling. At that time, due to lack of technology, getting study books access was a task as compared to our peers in Tier I and Metros. The KopyKitab model is aimed at making education a level playing field for students anywhere in India
We have mastered the content acquisition and distribution, and adopted a mobile-first strategy and have managed to recreate an offline studying experience for students online, at a much lower cost, our focus areas are into higher education and competitive exams sector and we are already very near to creating a niche for ourselves.
As students need everything quickly on the go, KopyKitab is exactly giving them that, bite-sized learning on their mobiles.
How areAI and ML contributing to your cause?
At KopyKitab, we are using Artificial Intelligence & Machine Learning programs that help track users consumption patterns and make more accurate recommendations based on language, city, campus, grade level, renting history, etc. It also helps us identify specific student’s needs
AI and ML programs have helped us increase the reach even in the remotest areas. Since, about 68 percent of our users hail from Tier II and III towns, with maximum demand coming from Patna, Jaipur, and Indore; five percent are overseas users, while the remaining comes from metros and Tier-I cities
The most critical and latest technology which we started catering in the COVID-19 pandemic is P2P (Peer to Peer) with structured learning options & Video Connectivity, be it teacher to students, coach to the students & content publishers to students, which is creating a highly optimised beneficial learning environment
Also, this will continue to be the base for all the tech platforms since it provides digital connection between people
How important do you think is it for people to rely on technology? Are there any major follies per se?
The future will undoubtedly be technology-driven, as stakeholders in the education ecosystem look to make access easier and provide flexibility in the learning environment. All this while keeping in mind that social distancing will be the norm going forward, technology will be the front runner for this connection be it WFH, P2P, Group connect as mentioned above
One of the major follies per se will be the absence or scarcity of direct human connect leading to longer time for execution for all the verticals
Could you acquaint us with your funding scenario?
In 2018, KopyKitab was backed by ECF, a Rs 100 crore fund registered under the SEBI. The fund’s marquee investors include Michael and Susan Dell Foundation and Gray Matters Capital, both US-based international investors in the education sector.
KopyKitab has also raised about $2 million from Pactolus Singapore, CBA Capital (ECF) and well-known angels including Praveen Gandhi, Paula Mariwala (Stanford Angels), Mohit Dubey (Carwale), Satyen Kothari (Citrus Pay), and others
What are KopyKitab’s upcoming plans like?
Our immediate priority would be to continue to serve our subscribers i.e students with more content in easy and engaging forms. We saw a surge in our traffic since the lockdown started in Mar and our aim to serve them with the best learning options.
For longer-term, providing P2P and Video-based access for our students, teachers/coaches and publishers to continue education without much interference because of the current scenario.
A piece of advice for others?
My advice would be to think long term solutions in digital/online space and if possible convert part of your business to digital/internet driven. Also, provide more accessibility between employees and customers using technology as base.
Posted by AGORACOM-JC
at 10:58 AM on Thursday, May 14th, 2020
SPONSOR: Imagine AR Inc. (IP:CSE) (IPNFF:OTCQB) is an Augmented Reality platform that allows businesses to easily launch AR campaigns. Clients Include: NBA Sacramento Kings, Mall of America, AT&T Shape and The Basketball Hall of Fame. The company recently announced partnership with Engaged Nation, an award winning leader in digital engagement marketing for casinos Learn More.
Augmented Reality for Ecommerce: the Why and the How
With the relentless pursuit of customer experience excellence and the competition getting tougher by day, online merchants are often spread too thin
Feeling the pressure to step up their game, ecommerce brands are looking for new ways to meet consumer demand and differentiate their business
Rising to the challenge is augmented reality, which promises to reinvent online shopping for customers and drive sales. As AR is approaching technological maturity, businesses are wising up to AR-enabled opportunities and are making AR an integral part of their strategy.
So, let us focus on two main questions — why you need AR for your custom ecommerce development project and how you can do it.
Why do you need AR for your ecommerce business?
Supercharge customer engagement
A pillar to ecommerce success, customer engagement comes in many forms. Exceptional service, personalized offers, and brand storytelling all contribute to fostering an engaged and loyal audience.
Augmented reality opens a new dimension to customer engagement. Highly interactive in nature, the technology enables brands to deliver creative digital experiences. Think AR-powered product discovery, context-driven personal recommendations, or interactive tours. On top of that, AR adds gamification, making the entire online shopping process more fun.
Boost conversion rates
Fun as it is, online shopping has one major drawback that stops users from converting into customers. Without actually seeing and trying the product, it’s difficult to decide whether it’s a good fit for us. Augmented reality can make all the difference.
Through interactive 3D object presentation, AR encourages users to see in great detail how a selected product will function in a real environment, shaping the purchase decision. A well-informed decision, in turn, translates into a significantly lower return rate — a win-win for both a buyer and a happy customer.
Reach new customers
With the spending power of $143 billion, Gen-Zers are becoming a much coveted group for retailers and ecommerce stores. But to successfully market to this digital-native generation, brands need to adapt their approach and leverage all that digital has to offer.
Incorporating AR into your marketing strategy helps position your brand as forward-thinking and attracts digital natives. Take it from the ecommerce giants. Amazon introduced its AR View to let users see thousands of items in the settings of their own homes. Instagram, too, now lets you shop with augmented reality.
How can you integrate AR into your ecommerce strategy?
Immersive product catalogs
AR-powered catalog apps help brands bring their products to life. For those online stores that do not have a showroom, these virtual catalogs are a great way to allow customers to not only get the look and feel but also to customize configurations according to their preferences.
Imagine trying a sofa in different colors to see what matches your interior best. Ikea’s app lets you do just that. Taking things a step further, you can enhance your AR-driven ecommerce app with machine learning capabilities to analyze a user’s environment and offer tailored recommendations based on the context and previous purchase history.
Virtual fitting rooms
Just like exploring different interior design options, an AR-fueled mobile app can let you try on clothes, jewelry, accessories, and even makeup. To delight its customers with novel experiences and boost brand recognition, Converse has launched the Sampler app, which lets you try on a pair of shoes to see how they look, snap a picture, and share it with friends.
These virtual fitting rooms can also solve the size problem for potential buyers. An AR-enabled app captures a user’s measurements and reproduces the accurate silhouette so that customers can try on clothes and adjust size as needed until they find a perfect fit.
Interactive user manuals
Augmented reality can help you further nurture a relationship with your customers even after the sale. For that, provide your customers with AR-enhanced product manuals and interactive tours to guide users through complex installation and maintenance processes or teach them how to use additional features.
These compelling demonstrations through life-like AR animations enable customers to get the most of their purchase while improving the overall shopping experience and boosting satisfaction — exactly what you need to cement users’ loyalty with your brand.
Wrapping up
According to Gartner, in 2020 100 million customers will shop in augmented reality, both online and in-store. With these numbers in mind, it’s about time to jump on the AR bandwagon and start reaping the benefits of stellar customer engagement, improved conversion rates, and wider reach.
Olga Ezzheva is a technical writer at Oxagile, a provider of software engineering and IT consulting services for SMEs and Fortune 500 companies alike. You can reach Olga at [email protected] or connect via LinkedIn.
Posted by AGORACOM-JC
at 9:27 PM on Wednesday, May 13th, 2020
“As the country begins to emerge from stay at home orders, we thought it would be prudent to provide our shareholders with an update on our operations and some additional details on our recently announced acquisitions, Alphamind and Venom Extracts.” Said Carl Saling, CEO Hollister. “Integration of the new companies is well underway and continues to run smoothly”
VANCOUVER, May 13, 2020 - Hollister Biosciences Inc. (CSE: HOLL, OTC: HSTRF, FRANKFURT: HOB) (the “Company“, “Hollister Cannabis Co.” or “Hollister“) a diversified cannabis branding company with products in over 220 dispensaries throughout California, is pleased to provide a Corporate Update from CEO, Carl Saling.
“As the country begins to emerge from stay at home orders, we thought it would be prudent to provide our shareholders with an update on our operations and some additional details on our recently announced acquisitions, Alphamind and Venom Extracts.” Said Carl Saling, CEO Hollister. “Integration of the new companies is well underway and continues to run smoothly”
COVID-19 (the “Pandemic”) Update
In many states across the country cannabis was deemed an essential business and Hollister has been able to stay operational in all the states in which it operates.
It has been a challenging environment; however, we have navigated the new environment effectively. Some cities and counties only allowed curbside pick-up and or delivery of cannabis, while others have closed but others stayed completely open for business using and implementing safety precautions.
Hollister took action to help the communities in which they operate by manufacturing hand sanitizer and donated it to offices and front-line workers. As recognition for our efforts the county of Hollister, California awarded Hollister Cannabis Co. a Certificate of Appreciation for our support.
Today, Hollister’s facilities are operating under social distancing guidelines to ensure the Company’s employees are safe. The Company has also provided employees with gloves, masks and hand sanitizer to take home. It is the Company’s first order concern during the pandemic to ensure that employees are operating in a safe and healthy environment and provide them with the tools they need to keep themselves and their families safe.
Hollister Cannabis Co.
Hashbone, the Company’s bubble hash infused pre roll brand, continues to grow and gain new fans daily. The Company introduced HashBone “Minis” which are 0.5 gram bubble hash infused pre-rolls packaged in a 5 pack. The Company has rolled out Hybrid and Sativa SKU’s now available in select California dispensaries.
The Company also plans to introduce the HashBone “Wolfie”, which answers the call of the true connoisseur. The HashBone Wolfie is a traditional HashBone coated with full spectrum cannabis oil and rolled in bubble hash. There is hash on the inside and hash on the outside with full spectrum oil holding them together. The HashBone Wolfie is currently in the testing phase and estimated to be in the market before the end of May 2020.
Strategic Alliances with Tommy Chong
Further to the news release dated February 7, 2020, the Company is pleased to disclose the strategic relationship with Tommy Chong is progressing well. Hollister is very close to launching its 1st SKU with Tommy Chong called Tommy Chong’s Cannabis Full Spectrum Elixir comprising a 1:1 ratio – 500mg CBD: 500mg THC. The product has completed testing, labels are being generated, and the Company expects product launch before the end of May 2020.
Venom Extracts
Venom Extracts (“Venom“) continues to be integrated within Hollister Biosciences operations and the synergies are evident. Plans are underway for expansion of Venom into Hollister’s manufacturing facility in California with engineering and permitting processes underway. The Company anticipates Venom will be producing in California in Q4 2020.
Throughout the pandemic, Venom products continued to see significant growth in demand which resulted in record revenue for Q1, 2020. Although these numbers will be disclosed in Hollister’s Q1 report, only a small portion will be included in Hollister’s audited financial statements, as the acquisition closed on March 24, 2020
AlphaMind
The integration process is underway pursuant to the Company’s recently announced acquisition of AlphaMind (see News release dated April 30, 2020). The Company believes AlphaMind’s medicinal mushroom based product SKU’s will be complementary to Hollister’s existing product line. AlphaMind has an agreement in place with an established US based manufacturing partner. It is the Company’s intention to build out an e-commerce platform to market and distribute AlphaMind’s product line. AlphaMind is a new entrant in the burgeoning medicinal mushroom sector and is also in the process of developing IP surrounding psilocybin based pharmaceutical treatments.
Future Objectives
The Company believes the pandemic has changed consumer behaviour, possibly in a permanent fashion.
Hollister believes it can capitalize on this in several ways:
The company is looking to accelerate its direct to consumer platform for both the hemp and the cannabis markets.
Hollister Biosciences will look to build a centralized ecommerce management system that will streamline the sales and marketing of all Hollister Biosciences non cannabis brands like Rebel Hemp Company & AlphaMind.
The Company will continue to evaluate the changing cannabis regulatory landscape to expand operations into new states.
The Company will also evaluate new technologies which may be utilized in the Company’s Facilities in the future.
Hollister Cannabis Co. is currently in the design phase of expanding its facility to accommodate the Venom brand.
About Hollister Biosciences Inc.
Hollister Biosciences Inc. is a multi-state cannabis company with a vision to be the sought-after premium brand portfolio of innovative, high-quality cannabis & hemp products. Hollister uses a high margin model, controlling the whole process from manufacture to sales to distribution or seed to shelf. Products from Hollister Biosciences Inc. include HashBone, the brand’s premier artisanal hash-infused pre-roll, along with concentrates (shatter, budder, crumble), distillates, solvent-free bubble hash, pre-packaged flower, pre-rolls, tinctures, vape products, and full-spectrum high CBD pet tinctures. Hollister Cannabis Co. additionally offers white-labeling manufacturing of cannabis products. Our wholly-owned California subsidiary Hollister Cannabis Co is the 1st state and locally licensed cannabis company in the city of Hollister, CA birthplace of the “American Biker”.
The CSE, nor its regulation services provider, does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com
Tags: Cannabis, CBD, CSE, Hemp, small cap, tsx Posted in Hollister Biosciences | Comments Off on Hollister Biosciences Inc. $HOLL.ca CEO Provides Corporate Update $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca $FAF.ca
Posted by AGORACOM-JC
at 6:14 PM on Wednesday, May 13th, 2020
SPONSOR: Esports Entertainment Group(GMBL:NASDAQ) – Millions of people from around the world tune in to watch teams of video game players compete with each other. In first quarter 2020, YouTube reported 1.1 billion hours watched, an increase of 13% when compared to fourth quarter 2019. Wagering on Esports is projected to hit $23 BILLION this year although that number will likely be eclipsed due to the recent pandemic. Esports Entertainment Group is the next generation online gambling company designed for the purpose of facilitating as much of this wagering as possible. LEARN MORE.
Coronavirus Has Caused A Boom In Esports Betting
With all traditional sporting events on hold across the world thanks to the coronavirus pandemic many gambling fans have turned to esports, and as a result bookmakers are seeing a massive increase in esports betting.
While esports events have still been cancelled due to the coronavirus pandemic, most competitions are still taking place online, meaning no one has to put themselves at risk to continue playing. The digital nature of esports makes this incredibly easy to do, and as a result it is pretty much the only sports adjacent competition that is still happening on a regular basis.
This has resulted in many fans who would normally bet on more traditional sports turning their attention to the world of esports and they are now placing bets on competitive gaming.
“All of our key performance indicators have been through the roof in the past three months,†says Quentin Martin, CEO of Luckbox, an esports gambling site. “Turnover has risen to almost 13 times that seen in November 2019, while deposits are up 10x since then. The uptick is across the board and globally. As well as an increase in registrations, we’ve noticed an increase in average bet size, almost double since February.â€
But it’s not just consumers who are focusing more on the world of esports betting. With no sports to look for sponsors and investors are also investing more into the esports side of things during this time, looking to capitalize on the boom that is currently happening.
“Clearly, these are challenging times for many people across the world but, for many, esports and gaming is a welcome distraction,†says Martin. “As well as an increase in customers and betting activity, we’ve seen a huge level of interest from potential investors, who are realizing that esports is resilient to many of the forces that affect traditional sports, not least COVD-19 and a potential recession.â€
Typically in most esports it is agreed that when matches are played online there is more potential for major upsets, be it because of technical issues, poor connections or simply players being more comfortable in their own homes. While this certainly makes for more interesting matches, it also helps out the bookmakers, who credit this as another reason for their improved profits during this time.
“Our data shows that we see an increased number of upsets when moving from LAN to online,†says Martin. “It’s especially noticeable for favorites in odds ranges 1.2 to 1.3 and 1.4 to 1.5, where the trend is clear. There are respectively 6.81% and 11.02% more upsets since most events were forced online due to the pandemic. From our point of view, this is certainly better for the bottom line and we see an increase in profit margins.â€
Of course the pandemic won’t last forever, and when traditional sports returns so too will the massive amounts that are gambled on them across the world every day, but for those bookmakers like Luckbox who specialize in esports, it is clear that this pandemic will actually have a long term benefit for their business.
“Undoubtedly, the lack of traditional sports has prompted more fans to consider esports and it’s realistic to expect that, when sports eventually return, a lot of those fans will go back to the games they know best,†says Martin. “However, the potential of esports betting is well documented and these past few months have brought that into sharper focus, accelerating the numbers. I think the growth level won’t sustain, but the uplift will. A lot of fans of traditional sports have been exposed to the excitement of esports for the first time and, hopefully, they like what they see and will be sticking around.â€
Vision is to capitalize on this success to become the sought after premium brand portfolio of Cannabis across multiple states and Hemp nationwide
Major LOI, Joint Ventures and Licensing Agreements Support Proof Of This Vision
“Easy Riders” – Milliions Of Global Followers
“Tactical Relief” – Veteran Founded, Hemp Based CBD Brand With Nation Wide Members
“Tommy Chong” – Exclusive Manufacture & Distribution Of Tommy Chong’s Cannabis (TM) Full Spectrum Elixir 1:1
“I only partner with the best-in-class companies and I am really pleased to have the Hollister Cannabis Co. bring their amazing Tommy Chong’s Cannabis™ Full Spectrum Elixir to the market for me”.
one of Arizona’s premier extract brands and one of the state’s largest producers of award-winning medical cannabis distillate and related products.
HIGHLY ACCRETIVE $20,000,000 ACQUISITION, ADDING OVER CDN$16.4 MILLION OF 2019 REVENUE
For the year ended December 31, 2019, management of Venom Extracts reports having generated over CDN$16.4 million in revenue and over CDN$2.5 million in EBITDA from its product line of cannabis concentrates and cartridges.Â
Venom Extract’s management also reports a strong start to 2020 and is anticipating record Q1 revenue.
Alphamind Brands is developing a portfolio of certified legal mushroom based natural health products
The company’s “ready to ship†product SKU’s include Cordyceps, Lion’s Mane, Shiitake, Oyster and Reishi Mushroom based: liquid tinctures, concentrated mushroom powder(s), teas, and chocolate.
FULL DISCLOSURE: Hollister Biosciences Inc. is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM-JC
at 11:57 AM on Wednesday, May 13th, 2020
If you don’t know what Augmented Reality (AR) is, this quote from Apple CEO Tim Cook is all the motivation you need to get up to speed:
“AR Will play an important role in how we use technology in the future – and promises to be as influential in our society as the smart phoneâ€
AR is essentially a technology that lays digital images and graphics over the real world.
As the name implies, ImagineAR (IP:CSE) (IPNFF:OTCQB) is an Augmented Reality Company that enables businesses to create their own mobile phone AR campaigns with no programming or technology experience. More than just lip service, the Company recently announced a partnership with Engaged Nation, an award winning leader of digital market for some of the world’s biggest casinos, whose CEO said the following about ImagineAR
“”We are excited to add ImagineAR to our interactive platform. We pride ourselves on offering the most advanced technology to our clients and their customers. We know that augmented reality can play a significant role in driving more customer engagement and trips to a casino property. ImagineAR’s platform is ideal to help accomplish that goal”
That quote is just the tip of the iceberg. Watch what Epstein has to say about how his company selected ImagineAR and how aggressively they plan to roll it out to casinos. If Engaged Nation knows a good bet when it sees one, Imagine AR (IP:CSE) is the Augmented Reality company that allows small cap investors to participate in the growth of the space, which IP says is projected to grow ~ 2,000% in the next 4 years …. that is not a typo!
IP is not a one trick pony either. They started commercializing their mobile Augmented Reality Platform long before this deal with Engaged Nation. Clients include:
NBA Sacramento Kings
Mall Of America
AT&T Shape
Basketball Hall Of Fame
….. more
As a result, ImagineAR is now well positioned to further commercialize and capitalize on massive demand for Augmented Reality If our interview with CEO Alen Paul Silverrstieen and Jerry Epstein is any indication, it sounds like the Company’s growth into the casino industry is all but assured in 2020.
Posted by AGORACOM-JC
at 7:14 AM on Wednesday, May 13th, 2020
Lyfted Farms, has recently executed a lease on property in Lemoore, California that has received approval for a ‘rezoning’ to ‘Industrial’
Zoning designation makes the facility eligible for cannabis delivery, along with distribution, manufacturing, and cultivation activities following the anticipated approval of a Conditional Use Permit and Development Agreement, applications for which are currently being finalized
Creating this subsidiary with a focus on delivery, says Blink, is also part of the companies’ strategy to service customers in the current environment and at a time when consumer behaviors are affected by potential store closures and safety measures aimed at avoiding the spread of the coronavirus
Vancouver, British Columbia–(May 13, 2020) – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Lyfted Farms, has recently executed a lease on property in Lemoore, California that has received approval for a ‘rezoning’ to ‘Industrial.’ The newly approved ‘Industrial’ zoning designation makes the facility eligible for cannabis delivery, along with distribution, manufacturing, and cultivation activities following the anticipated approval of a Conditional Use Permit and Development Agreement, applications for which are currently being finalized.
The company has also filed entity registration documents with the California Secretary of State under the name Lyfted Farmacy Inc., to create a new subsidiary with the intention of this business unit being dedicated to delivery. By doing so, TransCanna gains another important business component to complete the supply chain from grow operations to delivery in the California cannabis market (the largest legal market in the world), which is projected to expand exponentially.
“The city of Lemoore has been a great partner to work with. They have been highly responsive and professional partners, especially in this first step towards setting up a fully operational distribution and delivery hub,” says Bob Blink, TransCanna CEO. “The city has really opened their door to Lyfted Farms and been welcoming of our business.”
Creating this subsidiary with a focus on delivery, says Blink, is also part of the companies’ strategy to service customers in the current environment and at a time when consumer behaviors are affected by potential store closures and safety measures aimed at avoiding the spread of the coronavirus.
“We wanted to make sure that we could get higher-quality products from our facility to our customer’s doors in a safe manner,” says Blink. “Having come from diverse industries and bringing this breadth of knowledge to TransCanna means that our management team will continue looking for opportunities to remain highly responsive to changing market demands, and our customers evolving needs.”
This announcement follows news by the company released last week reporting the companies’ quarterly results and record monthly revenue earnings, and a recent announcement that renowned cannabis and lifestyle brand, Cookies, will carry Lyfted Farms products in select locations.
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.
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.
