Agoracom Blog Home

Author Archive

Primo Nutraceuticals Inc. $PRMO.ca Receives Site License from Health Canada $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 7:22 AM on Friday, May 15th, 2020
  • Received the ability to import Hand Sanitizer for the duration of the COVID-19 emergency response from the Health Products and Food Branch of Health Canada
  • Site License Number: COV0950 was issued by the Natural and Non-prescription Health Products Directorate of Health Canada

VANCOUVER, British Columbia, May 15, 2020  — PRIMO NUTRACEUTICALS INC. (CSE: PRMO) (OTC: BUGVF) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (“Primo” or the “Company”) is pleased to announce that it has received the ability to import Hand Sanitizer for the duration of the COVID-19 emergency response from the Health Products and Food Branch of Health Canada.

“This license specifically authorizes the license-holder to manufacture, package, label and/or import “antiseptic Skin Cleansers/Hand Sanitizers” as described in the Product Monograph provided by Primo Nutraceuticals Inc., to Health Canada. The following site is considered to-be-in compliance with GMP requirements outlined in PART 3 of the Natural Health Products Regulations. Activities include: Importing to Canada and Manufacturing, Packaging and Labeling from the U.S.A.”

Site License Number: COV0950 was issued by the Natural and Non-prescription Health Products Directorate of Health Canada to Primo Nutraceuticals Inc. (CSE:PRMO) on April 21st, 2020.

Further to the press release dated March 24, 2020, where Primo signed a production order with Celebrity Driven Brand Beauty Kitchen to provide 1,000 units of free non-hydroalcoholic hand sanitizer. The hand sanitizer will be produced by beauty kitchen, located at 1512 Industrial Rd. Boulder City, Nevada. The production Facility currently has the capacity to produce $450,000USD of product per month. The relationship with Beauty Kitchen has allowed Primo to private label most of Beauty Kitchens product line. This allows Primo to produce product without the construction of its own facility.

The initial run of 1,000 units was financed internally. Future production orders will be financed as procurement orders from the health industry are received. The company will entertain options for equity financing once orders start to come in. The sample of 1,000 units will be handed out to hospital and health care industry professionals.

The management team and Board of Directors at Primo have decided that after handing out all 1,000 units, the hand sanitizer will be made available for purchase directly from the Company’s online shop at:www.primoceuticals.com/shop Users of the site may also notice that the Company has recently added to the shop a ready to purchase Primo branded, breathable, washable and re-usable neck gaiter/face mask that can be used in assisting to combat the virus.

Andy Jagpal, President Comments

“This is an absolute win for the company. We have joined companies like Purell who have been permitted to provide these essential products to combat the spread of the Corona virus. Our goal is to be able to bid on procurement contracts from government hospitals and nursing home facilities as soon as our 1,000 sample hand sanitizer arrive.”

“I would also like to add, if you’re a private corporation, healthcare center, pharmacy or any type of business that requires hand sanitizer to fight against the virus, we ask that you send your requests to Primo at: [email protected] so that we can fulfill those orders without delay.”

About Primo Nutraceuticals

Primo Nutraceuticals Inc. (“Primo” or the “Company”) is dedicated to funding the rapid growth in production, processing, retail and branding of cannabis and non-cannabis related products in Canada and the United States. Primo has invested in several brands and is pursuing partnerships with retailers and distribution companies in Canada and the United States. Primo’s management is in the process of building a corporate road map to further vertically integrate the Company, specifically by way of “Primo” branded retail outlets – offering “Thrive,” “Primo,” and a selection of curated partner brands. The Company possesses proprietary formulas for cannabis edibles, topical, and tinctures. Primo is focused on building a strong presence in the hemp industry with the objective of extracting and selling cannabinoids (CBD) products in both Canada and the United States.

On behalf of the Board of Directors

PRIMO NUTRACEUTICALS INC.

“Andy Jagpal”

President and Director

For further information, please contact Zoltan, IR Representative at: 604-722-0305, or; [email protected]

To learn more about what this news means to the shareholders visit:

Shop:www.primoceuticals.com

www.twitter.com/prmonutra

www.thrivecbd.org

www.beautykitchen.net

www.drinkdefy.com

Corporate:www.primonutraceuticals.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.No regulatory authority has approved or disapproved the information contained in this news release.UnfollowRecommend

Esports Entertainment Group $GMBL Announces Partial Exercise of Over-Allotment Option $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca

Posted by AGORACOM-JC at 7:17 AM on Friday, May 15th, 2020
  • Announced that in connection with its previously announced underwritten public offering of 1,980,000 units, the underwriters partially exercised and closed on their over-allotment option and purchased an additional 209,400 shares of common stock from the Company at a price of $4.23 per share

BIRKIRKARA, Malta, May 15, 2020 — Esports Entertainment Group, Inc. (Nasdaq CM: GMBL, GMBLW) (or the “Company”) a licensed online gambling company with a focus on esports wagering and 18+ gaming, today announced that in connection with its previously announced underwritten public offering of 1,980,000 units, the underwriters partially exercised and closed on their over-allotment option and purchased an additional 209,400 shares of common stock from the Company at a price of $4.23 per share. Esports Entertainment Group received additional gross proceeds of $885,762 from the sale of these shares, before deducting underwriting discounts and commissions and other estimated offering expenses.

Maxim Group LLC acted as the lead book-running manager for the offering. Joseph Gunnar & Co., LLC acted as co-book-running-manager for the offering.

The offering was conducted pursuant to the Company’s registration statement on Form S-1 (File No. 333-231167) previously filed with and subsequently declared effective by the Securities and Exchange Commission (“SEC”) on April 14, 2020. A prospectus relating to the offering has been filed with the SEC. The offering was made only by means of a prospectus. Electronic copies of the prospectus relating to this offering may be obtained from Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, at (212) 895-3745 and is available on the SEC’s website at http://www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

ABOUT ESPORTS ENTERTAINMENT GROUP

Esports Entertainment Group, Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. The Company holds a license to conduct online gambling and 18+ gaming on a global basis in Malta and Curacao, Kingdom of the Netherlands and is able to accept wagers from over 149 jurisdictions including Canada, Japan, Germany and South Africa. Esports Entertainment offers fantasy, pools, fixed odds and exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience at vie.gg. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company maintains offices in Malta. For more information visit www.esportsentertainmentgroup.com.

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

U.S. Investor Relations 
RedChip Companies, Inc.
Dave Gentry
407-491-4498
[email protected]

Media & Investor Relations Inquiries
AGORACOM
[email protected] 
http://agoracom.com/ir/eSportsEntertainmentGroup

Empower Clinics $CBDT.ca and EuroLife Brands $EURO.ca Close Definitive Agreement and Sign Multi-Year Multi-National Licence Agreement $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 7:13 AM on Friday, May 15th, 2020
  • Empower Clinics to power online education platform for patients, retail locations, national tele-medicine platform and their expanding network of franchisees with EuroLife’s Cannvas.me
  • Under the terms of the agreement, Empower has been granted an exclusive license of the Cannvas.me platform in the United States and Mexico with an option to expand to other jurisdictions

VANCOUVER, BC / May 15th, 2020 / EMPOWER CLINICS INC. (CSE: CBDT) (OTC: EPWCF) (Frankfurt 8EC) (“Empower” or the “Company“), a vertically integrated life sciences company, is pleased to announce that further to the letter of intent announced on February 25, 2020 it has signed a definitive agreement with EuroLife Brands (“EuroLife”), a vertically integrated enterprise focused on the pan-European hemp, cannabinoid, and health and wellness sector. The agreement grants Empower an exclusive license to EuroLife’s “Cannvas.me” cloud based online educational platform in certain international jurisdictions. Empower will use the web-based education technology platform to deliver brand, product, and industry knowledge to employees and over 165,000 patients across Empower’s six corporate clinics in Arizona, Oregon, its first franchise in Oklahoma and nationwide tele-health platform.

Under the terms of the agreement, Empower has been granted an exclusive license of the Cannvas.me platform in the United States and Mexico with an option to expand to other jurisdictions. The agreement includes a three-year term with a three-year renewable option. A licensing fee will be paid over the life of the agreement, consisting of a mixture of cash and stock totalling $460,000 CAD and includes comprehensive service level agreements from EuroLife and ongoing support from EuroLife team roles including VP of Technology, Senior Developer, Quality Assurance, Creative Designer, Program Management, Account Management and regular support from EuroLife’s CEO.

“We needed a robust platform to reach our growing network of owned and franchised locations across the United States and EuroLife’s Cannvas.me education platform exceeds all of our requirements,” said Steven McAuley, chairman and chief executive officer of Empower. “We now have the ability to reach our employees and the patients they serve through a safe, secure and informative online education portal. I believe the ability to deliver consistent product education quickly and efficiently is a competitive advantage that we will leverage as we continue to grow our patient count and number of locations.”

“I am very pleased to announce the agreement with Empower to license our Cannvas.me education portal to reach both employees and medical and retail consumers on an incredibly efficient basis,” said Shawn Moniz, Chief Executive Officer, EuroLife Brands Inc. “I look forward to working with Steven and his incredible team at Empower as they expand their footprint across the United States.”

Cannvas.me is a consumer education portal launched in 2018 for medical and recreational cannabis consumers. Through many discussions with industry stakeholders the management team discovered there was significant demand for a cloud-based education portal for licensed producers, retail dispensaries and other large to mid-sized companies in the cannabis sector.

ABOUT EMPOWER

Empower is a vertically integrated health & wellness brand with a network of corporate and franchised health & wellness clinics in the U.S. The Company is building its first hemp-derived CBD extraction facility and produces its proprietary line of cannabidiol (CBD) based products. The Company is a leading multi-state operator of a network of physician-staffed wellness clinics, focused on helping patients improve and protect their health, through innovative physician recommended treatment options. The Company has commenced activity on how 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. The Company now offers COVID-19 testing options in the United States and physician-based consultations, to address COVID-19 concerns.

About EuroLife Brands Inc.

EuroLife Brands is a leading global markets cannabis brand empowering the medical, recreational and CPG cannabis industry worldwide through a data-driven CBD marketplace supported by exclusive and unbiased physician-backed cannabis education and detailed consumer analytics.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

CONTACTS:

Investors: Steven McAuley

CEO

[email protected]

604-789-2146

Investors: Dustin Klein

SVP, Business Development

[email protected]

720-352-1398

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 expected timing of filing of its Annual Filings, the Company’s intention to create psilocybin and psychedelics divisions, that market research on advancements in psilocybin and psychedelics in North America and globally will create greater shareholder value, 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; the ability of the Company to complete or execute phases One, Two, Three or Four of COVID-19 test programs, and Psychedelic substances remain illegal in most countries, so please reference your local laws in relation to medical or recreational use. 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.

Baby Meals Growing by 153% as Parents Stock Up on Infant Nutrition – SPONSOR: Else Nutrition $BABY.ca $MAT $KMB $BMY $ABT $WYE

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

http://blog.agoracom.com/wp-content/uploads/2020/03/else-square-150x150.png

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.

Read More: https://www.researchandmarkets.com/issues/baby-meals-growing-by-153pct?utm_source=dynamic&utm_medium=GNOM&utm_code=4bbmhbutm_campaign=1385666+-+Baby+Food+Sees+Soaring+Demand+During+COVID-19+Pandemic&utm_exec=joca220gnomd

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 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.

Why is Mobile Esport booming like crazy?

By: Ben Hill

  • 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.

Source: https://esportsjunkie.com/2020/05/14/why-is-mobile-esport-booming-like-crazy/

Could #COVID19 be telehealth’s big moment? #Mhealth – SPONSOR: CardioComm Solutions $EKG.ca – $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.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%

By Sean Whooley

Frost & Sullivan announced today that recent analysis finds that the demand for telehealth technology is expected to rise amid the COVID-19 pandemic.

The analysis, titled “Telehealth — A Technology-Based Weapon in the War Against the Coronavirus, 2020,” revealed that, as COVID-19 continues to disrupt the practice of medicine and the delivery of healthcare, the U.S. telehealth market will experience seven-fold growth by 2025.

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.”

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.

Source: https://www.medicaldesignandoutsourcing.com/could-covid-19-be-telehealths-big-moment/

How Does #AI and ML Help In Up-scaling #Edtech? – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

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.

By Gairika Mitra

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.

Source: https://www.expresscomputer.in/news/how-does-ai-and-ml-help-in-up-scaling-edtech/55638/

Augmented Reality #AR for Ecommerce: the Why and the How – SPONSOR: Imagine AR $IP.ca $SEV.ca $VST.ca $YDX.ca $NTAR.ca

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.

http://www.smallcapepicenter.com/imagine%20ar%20squre.jpg

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

by Olga Ezzheva

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.

Source: https://streetfightmag.com/2020/05/12/augmented-reality-for-ecommerce-the-why-and-the-how/

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 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”.

Website: www.hollistercannabisco.com

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

#Coronavirus Has Caused A Boom In #Esports Betting – SPONSOR: Esports Entertainment Group $GMBL $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.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.

By: Mike Stubbs

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.”

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.”

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.”

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.”

Source: https://www.forbes.com/sites/mikestubbs/2020/05/13/coronavirus-has-caused-a-boom-in-esports-betting/#45ce220a6b0a