Posted by AGORACOM-JC
at 12:35 PM on Wednesday, May 15th, 2019
SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by
legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based
venture capital firm that only invests in best of breed small-cap
companies which are both defensible and mass scalable. More than just
lip service, Inwentash has financed many of Canada’s biggest small-cap
exits. Click Here For More Information.
——————-
Ripple Exec: Blockchain, Crypto Will Have a Role in US Tech Independence
“There is a broad discussion in Washington around 5G being dominated by foreign firms and the U.S. being reliant on foreign technology and foreign expertise… With blockchain and crypto, I think there’s a recognition now that these will be part of our future infrastructure… It’s important both for national security and from an economic perspective, that the U.S. is a leader in that.â€
Technology needs to be a national issue for the United States, with digital currencies and blockchain
to be recognized within that goal, according to Ripples’ Director of
Regulatory Relations Ryan Zagone, at the Consensus 2019 conference on
May 14.
Recently, legislators reintroduced the Token Taxonomy Act, that would exclude cryptocurrency
from being classified as a security. The act also pursues the
introduction of regulatory certainty for businesses and regulators in
the U.S. blockchain industry, as well as clarifying conflicting state
initiatives and regulatory rulings that have confused the issue.
Moreover, the announcement calls attention to the growing strength of digital asset markets and the blockchain industry both in Europe and China, and states that the Act is necessary in order to keep the U.S. competitive in the global market.
As reported
in March, the number of lobbies working on blockchain technology issues
in Washington D.C. tripled in 2018, reaching 33 projects in the fourth
quarter of 2018 compared to 12 in the same period of 2017. Jerry Brito,
executive director at the non-profit organization Coin Center, suggested
that the growth is driven by securities regulation.
Posted by AGORACOM-JC
at 11:07 AM on Wednesday, May 15th, 2019
Attending the 20th Annual B. Riley FBR Institutional Investor Conference on May 22 – 23, 2019 at the Beverly Hilton hotel in Los Angeles.
TORONTO, May 15, 2019 — Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF), (“Enthusiast†or the “Companyâ€), the largest publicly traded video game media and esports company in North America, will be attending the 20th Annual B. Riley FBR Institutional Investor Conference on May 22 – 23, 2019 at the Beverly Hilton hotel in Los Angeles.
Eric Bernofsky, COO, and SVP Finance of Enthusiast will be presenting
the Company at 9:00am on May 23, 2019. The Company will also be
available for one-on-one meetings throughout the conference. To
schedule a meeting, please contact Julia Becker, Head of Investor
Relations & Marketing at [email protected].
Founded in 2014, Enthusiast Gaming is the largest vertically
integrated video game company and has the fastest-growing online
community of video gamers. Through the Company’s unique acquisition
strategy, it has a platform of over 80 owned and affiliated websites and
currently reaches over 75 million monthly visitors with its unique and
curated content and over 50 million YouTube visitors. Enthusiast also
owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live
Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com.
CONTACT INFORMATION:
Investor Relations: Julia Becker Head of Investor Relations & Marketing [email protected] (604) 785.0850
This news release contains certain statements that may constitute
forward-looking information under applicable securities laws. All
statements, other than those of historical fact, which address
activities, events, outcomes, results, developments, performance or
achievements that Enthusiast anticipates or expects may or will occur in
the future (in whole or in part) should be considered forward-looking
information. Such information may involve, but is not limited to,
comments with respect to strategies, expectations, planned operations
and future actions of the Company. Often, but not always,
forward-looking information can be identified by the use of words such
as “plans”, “expects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or
variations (including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results “may”, “could”, “would”, “might” or “will”
(or other variations of the forgoing) be taken, occur, be achieved, or
come to pass. Forward-looking information is based on currently
available competitive, financial and economic data and operating plans,
strategies or beliefs as of the date of this news release, but involve
known and unknown risks, uncertainties, assumptions and other factors
that may cause the actual results, performance or achievements of
Enthusiast to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking
information. Such factors may be based on information currently
available to Enthusiast, including information obtained from third-party
industry analysts and other third-party sources, and are based on
management’s current expectations or beliefs regarding future growth,
results of operations, future capital (including the amount, nature and
sources of funding thereof) and expenditures. Any and all
forward-looking information contained in this press release is expressly
qualified by this cautionary statement. Trading in the securities of
the Company should be considered highly speculative.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
The securities of the Corporation have not been and will not be
registered under the United States Securities Act of 1933, as amended
and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirement. This press
release shall not constitute an offer to sell or the solicitation of an
offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful.
Posted by AGORACOM-JC
at 9:35 AM on Wednesday, May 15th, 2019
Integration of GEMS(TM) Universal ECG App with BodiMetrics hardware
platform expands ECG Device Manufacturer’s Offerings to now Include
Credible ECG Reporting Services
Announced the execution of an ECG and multiple biosign monitoring device integration and co-marketing agreement with California-based BodiMetrics LLC
BodiMetrics users can now benefit from access to CardioComm’s trusted ECG report generation and reporting capabilities.
BodiMetrics will promote the use of GEMS™ Universal to its extensive customer base and CardioComm will share resultant revenues generated from GEMS™ Universal subscription fees and from paid-for ECG readings.
Toronto, Ontario–(May 15, 2019) – CardioComm Solutions, Inc.(TSXV: EKG) (“CardioComm” or the “Company“), a global provider of consumer heart monitoring and electrocardiogram (“ECG“) acquisition and management software solutions, announces the execution of an ECG and multiple biosign monitoring device integration and co-marketing agreement with California-based BodiMetrics LLC (“BodiMetrics“).
With the launch of CardioComm’s GEMS™ Universal ECG app (“GEMS™ Universal“),
BodiMetrics users can now benefit from access to CardioComm’s trusted
ECG report generation and reporting capabilities. BodiMetrics will
promote the use of GEMS™ Universal to its extensive customer base and
CardioComm will share resultant revenues generated from GEMS™ Universal
subscription fees and from paid-for ECG readings. Under the agreement,
CardioComm also has distribution rights for the sale of devices through
its hospital, telemedicine and consumer sales channels.
GEMS™ Universal will be available under two subscription models:
$6 US per month with one free ECG interpretation included; and,
$69 US per year with 12 free ECG interpretations that may be requested any time during the one year subscription.
GEMS™ Universal is based directly on the Company’s GEMS™ Mobile ECG
and was developed to allow non-HeartCheck™ branded ECG devices users to
generate unlimited, medical-grade ECG PDFs or to request a review of
their ECG(s) through CardioComm’s SMART Monitoring ECG reading service
on a fee-for-review basis. Once the free ECG reviews have been used,
additional SMART Monitoring reviews can be requested for $1.99 US for an
ECG triage or $12.50 US for a physician interpretation.
The BodiMetrics device replaces five (5) devices with one: ECG, Heart
Rate, Systolic Blood Pressure, Blood Oxygenation (Spo2%) and
Temperature. BodiMetrics confirms that approximately 30,000 devices have
been sold to date with annual sales volumes increasing 50% to 60% each
year. US sales occur through Amazon, Best Buy, Costco and various
e-commerce channels. Additional sales occur through medical device
distributors, Medline, Henry Schein, employer care management partners
and telemedicine, patient and virtual care platforms.
A second phase of the agreement will see the GEMS™ Mobile’s ECG
management technology embedded directly into BodiMetrics’ device app
under a licensing agreement, allowing the user to open only one app to
access all existing biometric use options as well as ECG monitoring.
Additional information will be provided when the ECG enabled BodiMetrics
app is released later this year.
The Company reported the launch of the GEMS™ Universal ECG app on May
14, 2019. The app is now available on Google Play and is scheduled to
be available on the App Store within two weeks.
CardioComm Solutions’ patented and proprietary technology is used in
products for recording, viewing, analyzing and storing
electrocardiograms for diagnosis and management of cardiac patients.
Products are sold worldwide through a combination of an external
distribution network and a North American-based sales team. CardioComm
Solutions has earned the ISO 13485 certification, is HIPAA compliant and
holds clearances from the European Union (CE Mark), the USA (FDA) and
Canada (Health Canada).
This release may contain certain forward-looking statements and
forward-looking information with respect to the financial condition,
results of operations and business of CardioComm Solutions and certain
of the plans and objectives of CardioComm Solutions with respect to
these items. Such statements and information reflect management’s
current beliefs and are based on information currently available to
management. By their nature, forward-looking statements and
forward-looking information involve risk and uncertainty because they
relate to events and depend on circumstances that will occur in the
future and there are many factors that could cause actual results and
developments to differ materially from those expressed or implied by
these forward-looking statements and forward-looking information.
In evaluating these statements, readers should not place undue
reliance on forward-looking statements and forward-looking information.
The Company does not assume any obligation to update the forward-looking
statements and forward-looking information contained in this release
other than as required by applicable laws, including without limitation,
Section 5.8(2) of National Instrument 51-102 (Continuous Disclosure Obligations).
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Posted by AGORACOM-JC
at 8:09 AM on Wednesday, May 15th, 2019
Announced a non-brokered private placement of up to 13,333,333 units, at a price of $0.30 per unit, for gross proceeds of up to $4Â million
Company plans to use the net proceeds of the offering to hire additional staff for its Canadian operations, pursue M&A opportunities in the United States, including new state license applications, and for general working capital purposes.
Insiders of NORTHBUD have Committed $1 Million as Lead Order
TORONTO, May 15, 2019 — North Bud Farms Inc. (CSE: NBUD) (OTCQB: NOBDF) (“NORTHBUD” or the “Company”) announces a non-brokered private placement of up to 13,333,333 units, at a price of $0.30 per unit, for gross proceeds of up to $4 million. Each unit will be comprised of one common share of the Company and one common share purchase warrant. Each warrant will entitle the holder to acquire an additional share at a price of $0.40 for a period of 24 months from the date of closing of the offering. Insiders of the Company have demonstrated their commitment to the continued success of the Company by committing to a lead investment of $1 million in the proposed offering. The Company plans to use the net proceeds of the offering to hire additional staff for its Canadian operations, pursue M&A opportunities in the United States, including new state license applications, and for general working capital purposes.
“These funds will be essential to fund ongoing acquisition efforts in
the United States and prepare our Canadian production facility for
operations,†said Ryan Brown, CEO of North Bud Farms.
The offering is expected to be completed on or before May 31, 2019,
subject to the receipt of all necessary regulatory approvals. All
securities issued pursuant to the offering will be subject to a
four-month hold period in accordance with applicable Canadian securities
laws.
As mentioned, certain directors, officers and other insiders have
committed to participate in the offering. Accordingly, any such
participation would be considered a “related party transaction” under
Multilateral Instrument 61-101 – Protection of Minority Security Holders
in Special Transactions (“MI 61-101”). The Company is relying on the
exemptions from the formal valuation requirements and majority of the
minority shareholder approval requirements of MI 61-101 contained in
Section 5.5(a) and Section 5.7(1)(a) in respect of any such related
party transaction on the basis that the fair market value of the
transaction does not exceed more than 25% of the Company’s market
capitalization. The Company expects to file a material change report in
respect of any related party transaction on SEDAR prior to the closing
of the offering, the whole as required by MI 61-101.
Eureka Vapor LLC Update
The Company is pleased to update shareholders on the status of its
planned strategic acquisition of multi-state licensed operator, Eureka
Vapor (“Eurekaâ€), as the companies continue to work towards completing a
definitive agreement. Based on projected timelines for the completion
of the audit of Eureka’s financial statements, the companies expect to
sign a definitive agreement in the third quarter of the 2019 calendar
year.
“We are excited to be joining forces with NORTHBUD to drive strong
long-term revenue growth in both Canada and the United States,†said
Justin Braune, CEO of Eureka Vapor. “The Eureka team continues to
evaluate synergistic acquisitions in multiple U.S. states to expand both
the Eureka Vapor and NORTHBUD brands post-closing of our transaction.â€
Corporate Update
The Company is in the final stages of preparation for submission of
the required evidence package to Health Canada for its cannabis
production facility located in Low, Quebec. Consultants have scheduled
the evidence package for the end of June and it will be submitted to
Health Canada upon its completion.
“We are very excited to be nearing completion of this project,†said
Ryan Brown, CEO of North Bud Farms. “We are equally encouraged by recent
changes in the application process that will allocate more resources to
companies who are operationally ready. The Company will provide an
update post submission of the evidence package.â€
About North Bud Farms Inc.
North Bud Farms Inc., through its wholly owned subsidiary GrowPros
MMP Inc., is pursuing a licence under The Cannabis Act. North Bud Farms
Inc. is constructing a state-of-the-art purpose-built cannabis
production facility located on 95 acres of Agricultural Land in Low,
Quebec. North Bud Farms Inc. will be focused on Pharmaceutical and Food
Grade cannabinoid production in preparation for the legalization of
edibles and ingestible products scheduled for October 2019.
Neither the Canadian Securities Exchange (the “CSEâ€) nor its
Regulation Services Provider (as that term is defined in the policies of
the CSE) accepts responsibility for the adequacy or accuracy of this
release.
Forward-looking statements
Certain statements and information included in this press release
that, to the extent they are not historical fact, constitute
forward-looking information or statements (collectively,
“forward-looking statementsâ€) within the meaning of applicable
securities legislation. Forward-looking statements, including those
identified by the expressions “anticipateâ€, “believeâ€, “planâ€,
“estimateâ€, “expectâ€, “intendâ€, “mayâ€, “should†and similar expressions
to the extent they relate to the Company or its management.
Forward-looking statements are based on the reasonable assumptions,
estimates, analysis and opinions of management made in light of its
experience and its perception of trends, current conditions and expected
developments, as well as other factors that management believes to be
relevant and reasonable in the circumstances at the date that such
statements are made, but which may prove to be incorrect.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially from any
future results, performance or achievements expressed or implied by the
forward-looking statements. Such risks and uncertainties include, among
others, the risk factors included in the Company’s final long form
prospectus dated August 21, 2018, which is available under the Company’s
SEDAR profile at www.sedar.com.
Accordingly, readers should not place undue reliance on any such
forward-looking statements. Further, any forward-looking statement
speaks only as of the date on which such statement is made. New factors
emerge from time to time, and it is not possible for the Company’s
management to predict all of such factors and to assess in advance the
impact of each such factor on the Company’s business or the extent to
which any factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements. The Company does not undertake any obligation to update any
forward-looking statements to reflect information, events, results,
circumstances or otherwise after the date hereof or to reflect the
occurrence of unanticipated events, except as required by law including
securities laws. This news release does not constitute an offer to sell
or a solicitation of any offer to buy any securities of the Company.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT: North Bud Farms Inc. Edward Miller VP, IR & Communications Office: (855) 628-3420 ext. 3 [email protected]
Tags: Cannabis, CSE, Hemp, Marijuana, stocks, tsx, tsx-v, weed Posted in North Bud Farms Inc | Comments Off on North Bud Farms $NBUD.ca Arranges Private Placement Financing and Provides Corporate Update $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca
Posted by AGORACOM-JC
at 3:01 PM on Tuesday, May 14th, 2019
SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by
legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based
venture capital firm that only invests in best of breed small-cap
companies which are both defensible and mass scalable. More than just
lip service, Inwentash has financed many of Canada’s biggest small-cap
exits. Click Here For More Information.
——————-
IBM Establishes 5 Blockchain Principles To Drive Enterprise Adoption And Benefit Society
As an early advocate for blockchain, IBM has been working vigorously to commercialize the technology through its enterprise-grade version of Hyperledger Fabric, known as IBM Blockchain.
Hyperledger Fabric currently empowers 1300 networks in the IBM blockchain cloud, 100 of which are live in production today.
Following years of experimentation and the advancement of established live networks, IBM has now established a set of 5 “blockchain for good principles,†demonstrating how trusted and transparent enterprise blockchains can benefit organizations and society as a whole.
The principles, which are also outlined in an IBM blog post, are:
Open is better
Permissioned doesn’t mean private
Governance is a team sport
Common standards are common sense
Privacy is paramount
When IBM’s CEO, Ginni Rometty, began
commenting on data rights with respect to data analytics, we became
inspired on the blockchain side. Over the past 3 years, we have worked
with many clients and have gained perspectives that have driven these
principles. There are ways to use blockchain technology that are
critical and would lead to good outcomes, but let’s make sure we don’t
leave that to guess work. That is how these 5 principles came about and
it’s our responsibility to abide by them wisely and share them with
others,†Jerry Cuomo, Vice President of IBM Blockchain and IBM Fellow,
told me.
In order to better understand how each principle is being applied, Cuomo went into detail about the standards.
Open Is Better
According to IBM, blockchain networks must foster diverse communities
of open source contributors to promote innovation and ensure the
overall quality of code.
The open is better principle is
carried across many aspects of what we do at IBM. Open is always better
when it comes to the cloud, artificial intelligence or the Internet of
Things, but it has especially interesting implications when looked at
from a blockchain context. We have always been an ‘open by design’
company, but we think carrying that principle to blockchain is
fundamental to our strategy,†explained Cuomo.
For example, IBM points out that The
Hyperledger Project, operated under The Linux Foundation, is a
“greenhouse†for growing enterprise-grade blockchain software with
strong and diverse code contributors.
“Hyperledger is an open technology
co-created by multiple institutions. The users of this technology
benefit since collaborations create diversity,†said Cuomo.
Moreover, Hyperledger Fabric also allows IBM to monetize due to the collaborative nature of the technology.
Institutions like IBM working on
Hyperledger Fabric are able to monetize due to the openness. For
instance, Oracle has the Oracle Blockchain, but they monetize using
Hyperledger Fabric. We are all collaborating to create these blockchain
networks, but we all have competitive offerings. Without breaking the
openness, we can add value to differentiate from our solutions. In turn,
consumers get high quality code offered through multiple institutions.
This is a unique business model built around the idea of open source,â€
noted Cuomo.
Permissioned Doesn’t Mean Private
Although anonymous public blockchains afford a number of powerful
capabilities, IBM believes that these are not suitable for most
enterprises, particularly those in regulated industries. Rather, to
support an enterprise-grade platform aligned with regulatory and
fiduciary responsibilities, enterprise blockchains must be designed
around the principle of permissioned and trusted access. However, it’s
important to understand that permissioned doesn’t mean private.
Blockchain is about trust. For
instance, we trust businesses because of the rules they follow. But
rules also have accountability, meaning you have to know which
businesses are participating in certain systems. There are types of
blockchains that are anonymous like Bitcoin and Ethereum, and there are
types of blockchains like Hyperledger Fabric and several others that are
permissioned. Permissioned is important because it insists that members
of the network are known to the network. Permissions are balanced with
privacy so blockchains that follow these principles have privacy
capabilities that allow members to transact confidentially,†said Cuomo.
Maintaining a balance through a
permissioned network is critical for IBM, as most organizations need to
know whom they’re conducting business with to ensure that no illegal
activity is being transacted over the network.
Governance Is A Team Sport
IBM also believes that enterprise blockchains must embrace
distributed and transparent governance to ensure that networks serve the
needs of all participants and are managed in a manner reflective of
each use case.
“Governance means rules. These rules will define who the elected
officials are, who is responsible for what roles and obligations, etc.
Governance is mandatory in a blockchain network,†said Cuomo.
Moreover, IBM notes that a trusted governance model requires at least
three designated trust anchors and that governance frameworks should
also take into account a network’s funding model.
For example, the Verfied:Me identity network in Canada, convened by
SecureKey Inc, has enlisted major Canadian banks to participate as trust
anchors to host nodes and validate network transactions. SecureKey has
created a governance model that involves ongoing checks and balances
between its constituent working groups.
Common Standards Are Common Sense
Additionally, IBM understands that enterprise blockchains should be
architected around common standards that are interoperable in order to
help future-proof networks, prevent vendor lock-in and foster a robust
ecosystem of innovators. This also involves interoperability of cloud
platforms. And while most blockchain networks presently exist in siloes,
the technology is evolving to support a network of networks.
According to IBM, the first step in promoting this interoperability is to make blockchains visible to one another through a registry, such as Hacera Unbounded. Moreover,
blockchain networks should define and publish their data models and
policies for change according to industry standards.
Privacy Is Paramount
Finally, IBM thinks that an enterprise blockchain should control who
can access data and under what circumstances. Blockchain networks must
also abide by privacy regulations such as GDPR. In most cases, that
means any personal data should be kept off-chain.
For example, IBM Food Trust
is a blockchain network aimed at ensuring food safety, freshness and
sustainability. This network enables brands like Walmart, Albertsons and
Driscoll to leverage shared data to enact various supply-chain
efficiencies, while safeguarding each member’s proprietary information.
Posted by AGORACOM-JC
at 12:29 PM on Tuesday, May 14th, 2019
Signed a Sponsored Research Agreement to develop a one of a kind water soluble cannabis-based (CBD) supplement energy drink to improve workout performance
Bougainville agrees to fund certain CBD-based research projects like CBD-Oils, CBD-Creams, and CBD-Supplements.
VANCOUVER, British Columbia, May 14, 2019 — Bougainville Ventures Inc. (CSE:BOG) (Frankfurt:8BV)Â is pleased to announced it has signed a Sponsored Research Agreement to develop a one of a kind water soluble cannabis-based (CBD) supplement energy drink to improve workout performance.
Pursuant to its agreement with an Israeli based research firm
Bougainville agrees to fund certain CBD-based research projects like
CBD-Oils, CBD-Creams, and CBD-Supplements. The first project will be to
develop a formula, which will be a water soluble cannabis-based (CBD)
supplement to boost energy and to improve workout performance.
Terms of the Agreement
Bougainville will pay a 5% Royalty from the sale, transfer or order
disposition of the product, for a period of six (6) years from the
completion of the product. Bougainville will have exclusive rights to
commercialize the product in Canada and first right of refusal to
commercialize the product in the US.
Bougainville Shall pay the Israeli based research firm $25,000 USD
upon the execution of the Definitive Agreement by non-refundable check
dated July 1, 2019. And an additional $50,000 USD shall be paid by
Bougainville in favor of the research firm based on milestones.
Israel is at the Forefront of Medical Cannabis Research
Israel is one of the most progressive nations for medical marijuana
research comes courtesy of the government’s involvement. Not only do
they sponsor the majority of clinical trials, but the Israeli military
has endorsed the cannabinoid THC as part of a treatment program for
post-traumatic stress disorder (PTSD). In 2017 Israel saw more than 110
clinical trials take place. Their topic of study included cannabis as a
treatment for Parkinson’s, multiple sclerosis (MS), Crohn’s disease and
several other forms of chronic pain. Israel dominates the medical
marijuana research space and the Government has plans to build one of
the world’s most extensive medical cannabis research and development
facilities in the world.
Andy Jagpal, President, Comments: “We are excited
to strike a relationship to develop a CBD infused energy drink as
Canada’s edible marijuana market is around the corner from being fully
legal within the year. We are also in contact with processors in Canada
to manufacture the energy drink and with our Saskatchewan-based hemp
farmers to source the CBD for our products.â€
About Bougainville Ventures, Inc.  Bougainville provides cannabis infrastructure and seed-to-sale services to I-502 tenant-growers leasing greenhouse facilities space and providing fully built-out, turnkey solutions and ancillary services including processing, cannabis expertise and marketing and sales resources. Greenhouse canopies provide a 50% saving in cultivation cost.
On behalf of the Board of Directors BOUGAINVILLE VENTURES INC.
Andy Jagpal, CEO and Director
For further information, please contact Andy Jagpal at [email protected] or 1-888-395-6399
Tags: CBD, CSE, Hemp, Marijuana, stocks, tsx, tsx-v, weed Posted in Bougainville Ventures | Comments Off on Bougainville $BOG.ca Signs a Sponsored Research Agreement for a CBD Energy Drink With Israeli Based R&D Company $CROP.ca $VP.ca NF.ca $MCOA
Posted by AGORACOM-JC
at 11:36 AM on Tuesday, May 14th, 2019
2 weeks ago we interviewed BetterU (BTRU:TSXV) CEO Brad Loiselle from his head office in Ottawa with the title “BetterU On The Move In India With Partnerships, Products and Personnel”
Today, he’s literally on the move as we interview him directly from India where he and Gurmit Singh, the company’s newest addition and Former Managing Director of Yahoo India and CEO Forbes India, are on a whirlwind tour of meetings throughout India where they are presenting BetterU to some very (VERY) large companies and organizations. As you will soon see for yourself, reaction and response to the BetterU Education Marketplace has been excellent, with the company expecting to generate meaningful agreements in the very near future.
The great thing about interviews is that CEO’s can’t hide behind text based corporate jargon. Rather, investors are given a great opportunity to read body language, facial expressions and voice fluctuations to gauge just how confident (or lack thereof) the CEO actually is. I know I do …. and I told Brad on-air that his confidence and happiness was bursting through the screen. Adding to this is the fact that Gurmit Singh was sitting right beside him, without a mic, chiming in some answers, which leads viewers to believe things are going really well.
Naturally, we’ll let you be the final judge. Grab a coffee, watch this great interview with Company CEO, Brad Loiselle and let us know what you think.
Posted by AGORACOM-JC
at 8:38 AM on Tuesday, May 14th, 2019
Signed a Letter of Intent with Essence Farms, LLC, to form a joint venture (“JVâ€) called Riverside Hemp Project to run farming operations in California for the purpose of growing, cultivating, manufacturing, extracting and selling legal hemp and hemp-derived CBD.
Marijuana Company of America will provide hemp seeds, genetics, management of operations and standard operating procedures. Essence, a cultivator and land owner, will provide all necessary licenses for the legally compliant growth and sale of hemp in Riverside, California.
ESCONDIDO, Calif., May 14, 2019 (GLOBE NEWSWIRE) — via NetworkWire – MARIJUANA COMPANY OF AMERICA, INC., (“MCOA†or the “Companyâ€) (OTCQB: MCOA), an innovative hemp and cannabis corporation, announced today that the Company has signed a Letter of Intent (“LOIâ€) with Essence Farms, LLC, (“Essenceâ€) to form a joint venture (“JVâ€) called Riverside Hemp Project to run farming operations in California for the purpose of growing, cultivating, manufacturing, extracting and selling legal hemp and hemp-derived CBD.
Through the agreement,
Marijuana Company of America will provide hemp seeds, genetics,
management of operations and standard operating procedures. Essence, a
cultivator and land owner, will provide all necessary licenses for the
legally compliant growth and sale of hemp in Riverside, California.
“MCOA
strives to be a leader in producing and distributing hemp, and we
believe this joint venture will allow the Company to further its vision
by establishing itself as a premier company in the hemp sector,†said
Don Steinberg, Chief Executive Officer of Marijuana Company of America.
“With the ongoing return of net profits this project is expected to
provide MCOA, we are confident that signing this Letter of Intent is
another strategic step for the Company and we look forward to expanding
further in both the cannabis and hemp markets in California. If all goes
according to plan, this will by far be the most financially successful
venture the Company has been involved in.â€
Marijuana Company of
America will receive an 80% return of net profits for the JV on an
ongoing basis, as well as a long-term lease on the property with
favorable lease terms. The project includes up to 500 usable acres of
land in California’s Riverside County that has sufficient water and
power and is specifically suited for large-scale cultivation. The
Company is in the process of sourcing the highest quality seeds that
will yield a high percentage of CBD with legally compliant low levels of
THC. It is projected that each acre will produce 2,500 pounds of hemp
biomass. Based on prevailing fair market rates at this time, the biomass
can be sold for approximately $35 a pound. If the Company processes the
biomass as it intends to do, at least in part, the biomass will produce
a significantly higher financial return. Additionally, the property is
equipped with several large structures that are suitable for the storage
and drying of the hemp plants. A highly experienced cultivation team
has been engaged to manage the operations and cultivation of the farm.
Consummation
of the transaction remains contingent upon satisfactory completion of
due diligence by both parties and completion and agreement on all final
terms and conditions of the engagement. Further details on the terms of
this LOI are available in the Company’s filing, which can be accessed at
www.sec.gov.
About Marijuana Company of America, Inc. MCOA is a corporation that participates in: (1) product research and development of legal hemp-based consumer products under the brand name hempSMART™, which targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreational use; and (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry as the legalized markets and opportunities in this segment mature and develop.
About Our hempSMART Products Containing CBD The
United States Food and Drug Administration (FDA) has not recognized CBD
as a safe and effective drug for any indication. Our products
containing CBD derived from industrial hemp are not marketed or sold
based upon claims that their use is safe and effective treatment for any
medical condition as drugs or dietary supplements subject to the FDA’s
jurisdiction.
Forward-Looking Statements This
news release contains “forward-looking statements†that are not purely
historical and may include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such forward-looking
statements include, among other things, the development, costs and
results of new business opportunities, and words such as “anticipate,â€
“seek,†intend,†“believe,†“estimate,†“expect,†“project,†“plan†or
similar phrases may be deemed “forward-looking statements†within the
meaning of the Private Securities Litigation Reform Act of 1995. Actual
results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others,
the inherent uncertainties associated with new projects, the future U.S.
and global economies, the impact of competition and the Company’s
reliance on existing regulations regarding the use and development of
cannabis-based products. These forward-looking statements are made as of
the date of this news release, and we assume no obligation to update
the forward-looking statements or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans, expectations
and intentions contained in this press release are reasonable, there can
be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all of
the information set forth herein and should also refer to the risk
factors disclosure outlined in our annual report on Form 10-K, our
quarterly reports on Form 10-Q and other periodic reports filed from
time to time with the Securities and Exchange Commission. For more
information, please visit www.sec.gov.
Posted by AGORACOM-JC
at 8:33 AM on Tuesday, May 14th, 2019
Company has entered into a long-term agreement with AMS Heli Design of Denison, Texas.
AMS is a Helicopter EMS Interior provider, specializing in Air Ambulance configuration through the use of new lightweight materials and new generation technologies.
TORONTO, May 14, 2019 — Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) (“Star†or the “Companyâ€) announces that the Company has entered into a long-term agreement with AMS Heli Design (“AMSâ€) of Denison, Texas. (www.amsheli.com)
AMS is a Helicopter EMS Interior provider, specializing in Air
Ambulance configuration through the use of new lightweight materials and
new generation technologies.
As a result of this agreement, the parties are now offering the
STAR-ISAMM™ System as part of the Helicopter Emergency Medical Services
(“HEMSâ€) configuration. STAR-ISAMM™ interfaces with existing bio-medical
equipment aboard a medical evacuation and transport helicopter or
airplane. It securely transmits the patients’ vital signs and other
critical information directly to receiving hospital physicians through
SATCOM or GSM, while at the same time providing tracking and location of
the vehicle. These data services allow early patient assessment and
initiation of the best possible care plan, well before the patient
arrives at the facility.
The STAR-ISAMM™ System was first successfully presented live in
Montreal at the end of 2018, to the private sector and to government
bodies. It will be fitted into an integrated EMS kit by AMS and sold
initially to the USA and Canada by AMS, leveraging on its expertise in
helicopters and established presence and from 2020 in all world regions.
The STAR-ISAMM™ System is the result of the combined efforts of both
the Company’s’ internal R&D department and those of its Montreal
subsidiary, STAR-ISONEO INC. and is an innovative application of the
Company’s patented STAR-ISMS® technology.
Andrea Girolin, CEO at AMS said:
“Our vision is to support customers with EMS interiors meeting their
operational requirements using new technologies and materials, being
light weight, solid, safe and durable.â€
J-L Larmor, VP Corporate Development at Star, said:
“Star has now a unique and leading position in the HEMS sector, being
able to not only provide Airborne Data Services to the aerospace
industry but expanding our breadth to serve the EMS sector by providing
medical data services. Both AMS and Star are excited about being world
leaders in providing the best health care for EMS patients.â€
About AMS Heli Design:
AMS Heli Design is a premier aviation engineering development and EMS
interior certification company, based in North Texas Regional Airport
(KGYI). Current projects under certification include new lightweight
modular interiors for Leonardo AW169 and for the AW109 Trekker.
Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.
Stars’ M.M.I. Division designs and manufactures high performance,
mission critical, flight deck flat panel displays for defence and
commercial aviation industries worldwide. These displays are found on
aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky
and Agusta Westland helicopters, as examples.
Stars’ subsidiary, Star-Isoneo Inc. is a specialised software firm,
developing complex solutions in engineering, simulation and development
for Canadian customers. Star-Isoneo works closely with Star in the
development of the Company’s MEDEVAC (STAR-ISAMM™ and STAR- LSAMM™)
applications of the patented STAR-A.D.S. ® technology, and on its
current R&D program with Bombardier.
Certain statements contained in this News Release constitute
forward-looking statements. When used in this document, the words “mayâ€,
“wouldâ€, “couldâ€, “willâ€, “expected†and similar expressions, as they
relate to Star or its management are intended to identify
forward-looking statements. Such statements reflect Star’s current views
with respect to future events and are subject to certain risks,
uncertainties and assumptions. Many factors could cause Star’s actual
performance or achievements to vary from those described herein. Should
one or more of these factors or uncertainties materialize, or should
assumptions underlying forward-looking statements prove incorrect,
actual results may vary materially from those described herein as
intended, planned, anticipated, believed, estimated or expected. Star
does not assume any obligation to update these forward-looking
statements, except as required by law.
Neither the Canadian Securities Exchange nor its Market Regulator
(as that term is defined in the policies of the Canadian Securities
Exchange) accepts responsibility for the adequacy or accuracy of the
content of this release.