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VIDEO: Innocan Pharma $INNO.ca teams up with Endless Sky to manufacturer and distribute its #CBD products $WEED.ca $CL.ca $HEXO.ca

Posted by AGORACOM-JC at 12:11 PM on Tuesday, August 18th, 2020
Innocan-Blog
https://youtube.com/watch?v=leIG2iznw8g

Innocan Pharma Corporation (CSE:INNO) CEO Iris Bincovich and Endless Sky CEO Travis George tells Proactive the two have signed a manufacturing and distribution agreement.

Bincovich says Endless Sky will exclusively distribute Innocan’s CBD products in Canada and manufacture them at its Health Canada-licensed facility in Redvers, Saskatchewan.

In exchange, ESI will pay Innocan Israel a fee per product in addition to royalties based on net sales.

Source: https://ca.proactiveinvestors.com/companies/news/926966/innocan-pharma-teams-up-with-endless-sky-to-manufacturer-and-distribute-its-cbd-products-926966.html

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Durango $DGO.ca Completes $2.82-Million Private Placement $BTR.ca $OSK.ca $SII.ca $TLG.ca

Posted by AGORACOM at 6:06 PM on Monday, August 17th, 2020
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  • DURANGO COMPLETES $2.8M FINANCING WITH A LEAD ORDER FROM PALISADES GOLDCORP

Ms. Marcy Kiesman reports

Durango Resources Inc. has closed a non-brokered private placement of 13.15 million flow-through units at a price of 12.25 cents per unit and 16.25 million non-flow-through units at a price of 7.5 cents per unit to raise gross proceeds of $2,829,625.

The Company received a lead order from a syndicate of strategic investors led by Palisades Goldcorp Ltd. to purchase 10,000,000 flow-through units. The flow-through units were sold on a charitable flow-through basis.

Each flow-through unit consists of one common share and one half warrant. Each full warrant entitles the holder to purchase an additional common share at a price of $0.15 until August 13, 2023. A total of 13,150,000 flow-through units were issued for gross proceeds of $1,610,875.00. The gross proceeds from the issuance of the flow-through shares will be used in Quebec for “Canadian exploration expenses” within the meaning of the Income Tax Act (Canada). All flow-through securities issued pursuant to the flow through placement (including any shares issued on the exercise of the warrants) are subject to a hold period expiring on December 15, 2020.

Each non flow-through unit consists of one common share and one half warrant. Each full warrant entitles the holder to purchase an additional common share at a price of $0.15 until August 16, 2023. A total of 16,250,000 non flow-through units were issued for gross proceeds of $1,218,750.00.

Durango will use the net proceeds from the non flow-through offering for general working capital and for exploration of its gold properties at Windfall Lake. All securities issued pursuant to the non flow through placement (including any shares issued on the exercise of the warrants) are subject to a hold period expiring on December 18, 2020.

Marcy Kiesman, CEO of Durango, comments: “We are so pleased to have completed this financing with a lead order from Palisades Goldcorp. After months of preparation and planning, our team is eager to commence our exploration program at Windfall Lake in the near future.”

Durango paid aggregate finders’ fees of $153,650.00 and 743,708 full broker warrants exercisable at $0.15 per share until August 13, 2023 in respect of the placements.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake gold camp in the Abitibi region of Quebec , Canada.

About Palisades Goldcorp

Palisades Goldcorp is Canada’s new resource focused merchant bank. Palisades’ management team has a demonstrated track record of making money and is backed by many of the industry’s most notable financiers. With junior resource equities valued at generational lows, management believes the sector is on the cusp of a major bull market move. Palisades is positioning itself with significant stakes in undervalued companies and assets with the goal of generating superior returns.

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Artificial Intelligence #AI in Retail Market Worth $19.9 billion by 2027 SPONSOR: Loop Insights $MTRX.ca $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 4:57 PM on Monday, August 17th, 2020

SPONSOR:  Loop Insights Inc. (MTRX:TSX-V) The company is levelling the playing field between online retail giants and brick & mortar businesses by providing transformative artificial intelligence services and IoT solutions. All e-commerce sites have easy access to company-wide connectivity, real-time insights, and personalized marketing. What Loop is doing is creating those same tools for physical retail, whether it is a restaurant, hotel, casino, store, or stadium. Loop’s proprietary internet of things (IoT) device, Fobi, makes it all happen. It can be installed in minutes using an API or hardware solution, making Loop’s services ultimately scalable no matter what infrastructure is currently set up in the store. Learn More.

Loop Insights – Medium

Artificial Intelligence (AI) in Retail Market Worth $19.9 billion by 2027

  • Artificial intelligence in retail market is expected to grow at a CAGR of 34.4% from 2020 to reach $19.9 billion by 2027
  • The COVID-19 outbreak has accelerated the significance of online shopping channels, as consumers are considering online platforms as their primary shopping channel
  • This has given retailers and consumers a great opportunity to adopt sustainability initiatives that integrate with their digital presence

LONDON, July 22, 2020 – According to a new market research report “Artificial Intelligence in Retail Market by Product, Application (Predictive Merchandizing, Programmatic Advertising), Technology (Machine Learning, Natural Language Processing), Deployment (Cloud, On-Premises), and Geography – Global Forecast to 2027″, published by Meticulous Research®, the artificial intelligence in retail market is expected to grow at a CAGR of 34.4% from 2020 to reach $19.9 billion by 2027.

Over the past few years, digital technologies are being embedded into core value-generation processes in society and businesses by creating innovation. The growing number of millennials with their inclination towards digital-first approaches is putting organizations under constant pressure to innovate; thus, making artificial intelligence a top priority for retail businesses. Various well-established retailers are struggling with increasing cost, dissatisfied customers, declining sales, and upstart competition. Implementing artificial intelligence in retail creates new opportunities and capabilities for retailers by leveraging new possibilities, fastening processes, and making organizations adaptable to changes in the future. Realizing the fact, retail companies are investing in billions to reap benefits of AI technology and improve profitability of their businesses. Strong participation of industry players in leveraging AI technology is reshaping the technology landscape of the retail industry.

Impact of COVID-19 on the Artificial Intelligence in Retail Market

The COVID-19 outbreak has accelerated the significance of online shopping channels, as consumers are considering online platforms as their primary shopping channel. This has given retailers and consumers a great opportunity to adopt sustainability initiatives that integrate with their digital presence. Therefore, retailers are using the e-commerce platform and online marketplaces to capitalize on this changing trend. Owing to the increased customer preference for online retailing, organizations working in the retail segment are progressively adopting AI solutions to improve efficiency and productivity of operations. Retailers are using online platforms for personalized and improved customer engagement, inventory management, supply chain management, programmatic advertising, smart recommendations, and chatbots, among others. The current situation offers an opportunity for organizations to scale up capabilities, such as voice commerce, to strengthen engagement.

However, amid the COVID-19 outbreak, consumer spending patterns across several categories are shifting dramatically. Many leading retail players are eying this crisis as a new opportunity for restructuring and revisiting their existing strategies along with an advanced product portfolio. The situation has been evolving in unpredictable ways, and companies operating in this market are doing tremendous work by adapting to a new reality, anticipating and planning for various scenarios.

The global artificial intelligence in retail market study presents historical market data (2018 & 2019), estimated current data (2020), and forecasts for 2027. The market is segmented on the basis of product, application, technology, retail, and geography.

Based on product offering, the solutions segment is estimated to command the largest share of the overall  artificial intelligence in retail market in 2020. This is mainly attributed to the growing adoption of AI-powered solutions and applications by retailers across the globe to identify personalized customer needs, reduce shrinkage by improving loss prevention at point-of-sale, and enhance customer engagement experience. However, the services segment is estimated to witness rapid growth during the forecast period. The retail industry is becoming fast-paced and more complex from a technology standpoint than ever before. Business owners in the retail industry are looking to outsource their IT services to ease the pressures of managing an increasingly complicated internal network. With managed services and professional services, retailers are improving margins, improve overall security, increase up-time, employee productivity, and delivering better customer experiences, ultimately contributing to the rapid growth in demand for AI services for retail industry.

Based on learning technology, the machine learning segment is estimated to command the largest share of the overall artificial intelligence in retail market in 2020, owing to the increasing use of machine learning technology in customer experience management, customer behavior tracking, and predictive merchandising. Moreover, this segment is also poised to register high growth rate during the forecast period, which is attributed to rise in awareness amongst the retailers to make data driven decisions in order to ensure competitive edge in the retail industry. 

Based on deployment type, the cloud deployment segment is estimated to command the largest share of the overall artificial intelligence in retail market in 2020, owing to decrease in the cost of cloud-enabled technology deployment and growing usage of learning analytics. In addition, increasing awareness for cloud computing technologies, increasing number of consumers using online platforms for shopping, and growing interest towards cloud-based solutions are contributing to the growth of this segment during the forecast period.

Based on application, the predictive merchandising segment is estimated to command the largest share of the overall artificial intelligence in the retail market in 2020. The large share of this segment is mainly attributed to the growing need of retailers to maintain a competitive edge in a fast-growing marketplace by implementing proactive methods of harnessing new and extensive data sources in unique ways by adopting predictive merchandising. Moreover, predictive merchandising application is also expected to register a strong growth over the coming years as well. It can provide retailers with valuable customer insights including recognizing high-value customers, their motives behind the purchase, their buying pattern behaviors, and which are the best channels to market to them and when. This can help retailers to boost their sales and hence, driving the demand in the market over the coming years.

Based on end user, the food & groceries segment is estimated to command the largest share of the overall artificial intelligence in retail market in 2020. This is mainly due to the increasing consumer spending, incorporation of advanced technologies, and need to address consumer demand & enhance consumer experience. This segment is also expected to witness rapid growth during the forecast period in the market.

Geographically, North America is estimated to command the largest share of the global artificial intelligence in retail market in 2020. The large share of this region is primarily attributed to the factors such as high adoption of advanced technologies, such as artificial intelligence (AI), machine learning, and natural learning programming (NLP); existence of major artificial intelligence technology players & start-ups; increasing usage of internet access; growth in confidence by e-commerce enterprises for providing better shopping customer experience; and digitization across the retail industry in this region. However, the Asia Pacific region is expected to witness rapid growth during the forecast period as the region is experiencing notable growth across all fronts including internet infrastructure, economic growth, spending capabilities, and demand for consumer products. Owing to the government initiatives, the growth of e-commerce in countries including China and India, and growing investments in AI technology for improved productivity and real-time inventory management are contributing to the growth of the AI market for retail industry in this region. Furthermore, the factors such as developing internet & connectivity infrastructure, growing adoption of AI-based solutions & services among retailers, and increasing digitalization are also driving the market growth in this region.

The report also includes an extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 4-5 years. The AI in retail market has witnessed number of agreements, collaborations, and partnerships in recent years. The global artificial intelligence in retail market is consolidated and dominated by few major players, namely Amazon.com, Inc. (U.S.), Google LLC (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Microsoft Corporation (U.S.), Nvidia Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Salesforce.com, Inc. (U.S.), and BloomReach, Inc. (U.S.) along with several local and regional players.

Read More: https://www.prnewswire.com/news-releases/artificial-intelligence-ai-in-retail-market-worth-19-9-billion-by-2027–exclusive-report-covering-pre-and-post-covid-19-market-analysis-by-meticulous-research-301098029.html

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Avicanna $AVCN.ca Reports Second Quarter 2020 Financial Results and Provides Corporate Update $WEED.ca $CL.ca $HEXO.ca $RWB.ca

Posted by AGORACOM-JC at 7:36 AM on Monday, August 17th, 2020
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  • Successfully launched advanced “medical cannabis 2.0” products under RHO Phyto™ brand nation-wide in Canada through Medical Cannabis by Shoppers™, a subsidiary of Shoppers Drug Mart
  • Revenue increase of 172% from $260,903 in Q1 2020 to $709,468 in Q2 2020, and a substantial increase from $16,571 in Q2 2019, coupled with 8% cost reduction from Q1 2020, and 31% cost reduction from Q2 2019
  • Continued to fortify cannabinoid research and clinical leadership position in Canada with advancements with several collaborations with world class institutions including the MC-RWE by UHN

TORONTO, Aug. 17, 2020 – Avicanna Inc. (“Avicanna” or the “Company) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing and commercialization of plant-derived cannabinoid-based products announces results for the three and six months ended June 30, 2020.

Aras Azadian, Chief Executive Officer of Avicanna, commented “We continued to make strategic, scientific and commercial progress during the quarter while optimizing our global operations, which is demonstrated through quarter to quarter revenue increases and cost reductions. We are at an inflection point where our differentiated and advanced product lines are commencing sales in major markets and we are demonstrating evidence of our diversified business model which is comprised of  seeds, API, advanced finished products, and royalties from intellectual property. Furthermore, we continue to fortify our thought leadership position within the medical community in Canada with various world class research collaborations, which now include the strategically significant real-world evidence trials on our RHO Phyto products available in the Canadian market.”

First Quarter Financial and Operational Highlights

  • The Company continued to make strides in its strategic commercial initiatives, leading to an increase in revenues of 172% from $260,903 in the first quarter of 2020 to $709,468 in the second quarter of 2020, and an increase of 4,181% from $16,571 in the second quarter of 2019. In addition, the Company was able to reduce general and administrative costs by approximately 8% from $3,185,943 in the first quarter of 2020 to $2,924,462 in the second quarter of 2020 and a decrease of 31% from $4,243,276 in the second quarter of 2019. The Company has approximately $3.9M of inventory available for sale. 
Three Month
Q2 2020Q1 2020Q2 2019
Revenue$709,486$260,903$16,571
G&A$2,924,462$3,185,943$4,243,276
  • The Company announced the co-development of a cannabinoid-based product for treatment of COVID-19 related lung inflammation in partnership with the University of Toronto, with additional support and funding from the Mitacs Accelerate Program grant (the “Mitacs Grant“). Dr. Christine Allen is a global leader in the research and development of pharmaceutical formulations and for the past three years, Avicanna and Dr. Christine Allen’s research group (“CARG“) have developed novel cannabinoid-based products for commercialization. The combined expertise of Avicanna and CARG will fast-track the development of advanced pharmaceutical formulations of cannabinoids and their route to market.
  • The Company announced the successful registration of the Company’s initial line of products for its CBD-based derma-cosmetic product line, Pura H&W, in the European Union. The Company is anticipating the commercial launch of its Pura H&W line in the United Kingdom in the third quarter of 2020. Avicanna successfully met all regulatory requirements of the European Commission’s Cosmetic Product Notification Portal (the “CPNP“). In addition to the clinical studies conducted on two of the registered products, Avicanna has provided the CPNP with long-term stability studies on these initial SKUs along with primary skin irritation evaluations for the entire portfolio in order to certify the safety and stability of the Pura H&W formulations.
  • Through its genetics and seed division, Avesta Genetica, Avicanna completed its first industrial-scale seed harvest in Colombia. Approximately 80 million premium and feminized cannabigerol (“CBG“) dominant seeds were successfully harvested. The seeds have been tested for germination and attained feminization rates of 99%, which are considered premium within the global seed market. The seeds will be utilized for sales, exports, and local production. Additionally, the Company’s first ever export of hemp seeds (genetics) was approved by the Colombian government, which was also the first export of cannabis or hemp seeds in Colombian history.
  • The Company entered a strategic manufacturing and intellectual property (“IP“) licensing agreement with MediPharm Labs Inc. (“MediPharm“). Under the terms of the agreement, MediPharm will use its manufacturing capabilities under its Good Manufacturing Practice (“GMP“) certification in Canada to produce Avicanna’s advanced RHO Phyto medical cannabis products, and Pura H&W topicals for sale by Medical Cannabis by Shoppers. The partnership provides Avicanna with a route to market for Canadian and international sales, as well as pharmaceutical manufacturing for clinical trials with its Canadian research hospital collaborators. Additionally, Avicanna will grant MediPharm a license to use proprietary Avicanna formulations to develop additional white label branded products for the domestic and international market. MediPharm’s pharmaceutical and GMP-certified manufacturing capabilities and its international supply chain capabilities will be leveraged to produce and deliver the proprietary finished products to partners worldwide.
  • At the height of the COVID-19 pandemic, the Company closed a non-brokered private placement for approximately $2.56 million, issuing 3,200,000 units at a price of $0.80 per unit. The financing primarily included strategic partners, including Tasly International Capital Limited, a division of Tasly Holding Group Co., Ltd., a large healthcare and pharmaceutical group in China.
  • The Company reduced its operating cash outflows by approximately 40%, for the six months ending June 30, 2020, compared to the six months ending June 30, 2019.

Recent Developments

  • The Company’s RHO Phyto medical cannabis products launched on the Medical Cannabis by Shoppers portal, commencing with the “Micro Drop” oil formulations. Micro Drop oil formulations are the first of the RHO Phyto formulary of advanced medical cannabis products available for patients and health care practitioners on the Medical Cannabis by Shoppers platform. This product line includes advanced formulations under the “Cannabis 2.0” regulations that have undergone years of research and development and been manufactured under GMP standards by MediPharm. RHO Phyto sublingual sprays and topical products are expected to be available through the Medical Cannabis by Shoppers platform in the third quarter of 2020, with capsules to follow in the fourth quarter. Medical Cannabis by Shoppers is a subsidiary of Shoppers Drug Mart Inc.
  • On August 11, 2020, the Company announced a strategic partnership with Red White & Bloom Brands Inc. (“RWB”), a multi-state operator active in the U.S. cannabis and hemp sectors, for the distribution of and commercialization of Pura H&W Hemp-Derived CBD-Based Topical Products in the United States. RWB will pay Avicanna an upfront fee in the amount of CAD$250,000 in cash, along with minimum purchase requirements, including the purchase of USD$250,000 worth of product within the first six months of the term, for the rights to be the exclusive distributor of Avicanna’s Pura H&W branded cosmetic products in the US. Under the agreement, RWB also has the right to purchase Avicanna’s cosmetic products for distribution into the US and certain other territories under brands of RWB’s choosing. The initial product offerings under the agreement will include body and face lotions, cosmetic creams, gels and serums, as well as soaps and bath bombs.
  • Avicanna, in collaboration with CARG at the Leslie Dan Faculty of Pharmacy at the University of Toronto, was awarded additional non-dilutive funding in the form of a peer-reviewed grant by the Natural Sciences and Engineering Research Council of Canada (“NSERC“) to develop a cannabinoid-based formulation for the treatment of COVID-19 related lung inflammation. This peer reviewed grant provides funding support in addition to the recently awarded Mitacs Grant.
  • In collaboration with Dr. Jibran Khokhar, an Assistant Professor at the University of Guelph, Avicanna was also awarded a two-year NSERC Alliance grant to evaluate the neurobiological underpinnings of cannabis toxicosis in a preclinical model, and to test the potential efficacy of Avicanna’s naturally-derived cannabinoids and formulations for treatment of tetrahydrocannabinol (“THC“) overdose.
  • In anticipation of the launch of the RHO Phyto product line in Canada, Avicanna hosted its third annual symposium, “Medical Cannabis 2.0”, on July 21st, 2020 through a virtual format. The presentations focused on the evolution of medical cannabis including the Avicanna led advancements in R&D for novel cannabinoid delivery forms and formulations. Presenters including Dr. Ruth Ross (Professor and Chair, Department of Pharmacology & Toxicology, Faculty of Medicine, University of Toronto, Senior Scientist, Campbell Family Mental Health Research Institute, Centre for Addiction and Mental Health) and Dr. Hance Clarke (Staff Anesthesiologist, Director Pain Services, Director Good Hope Ehlers Danlos Clinic, Medical Director of The Pain Research Unit, Department of Anesthesia and Pain Management, Toronto General Hospital, University Health Network, Associate Professor, Department of Anesthesia, University of Toronto). Over 1,000 participants attended the symposium.
  • Avicanna announced that its RHO Phyto line of products will be participating in a Medical Cannabis Real-World Evidence (“MC-RWE“) clinical study at the University Health Network (“UHN“) in partnership with Medical Cannabis by Shoppers. The study will be led by Dr. Hance Clarke, Director of Pain Services at Toronto General Hospital, and will examine the efficacy of a select group of medical cannabis products including Avicanna’s RHO Phyto line of products on patient reported outcomes of pain, sleep and anxiety. All products used in MC-RWE must complete analytical testing through select testing laboratories and entered through the TruTrace StrainSecure™ platform. This provides Avicanna with a second commercial channel to the Medical Cannabis by Shoppers portal for its medical products to UHN, which is Canada’s largest network of research hospitals and doctors.

Summary of Operations ($CDN)

Three Months EndedSix Months Ended
June 30, 2020June 30, 2019June 30, 2020June 30, 2019
$$$$
Revenues709,46816,571970,37140,594
Inventory Production Costs expensed to Cost of Sales(133,481)–(234,288)–
Fair value changes in biological assets included in inventory sold(540,884)–(569,552)–
Unrealized gain on changes in fair value of biological assets(88,849)–1,827,271–
General and administrative2,924,4624,243,2766,110,4056,930,482
Share-based compensation1,277,770674,9291,615,9621,719,568
Depreciation and amortization330,685128,822839,828185,117
Impairment of goodwill686,845–686,845–
Total Expenses(5,219,762)(5,047,027)(9,253,040)(8,835,167)
Other income (loss)(2,372,674)522,257(2,496,480)400,898
Net loss before taxes(7,646,182)(4,508,199)(9,755,718)(8,393,675)
Future income tax recovery––––
Net loss after taxes(7,646,182)(4,508,199)(9,755,718)(8,393,675)
Weighted average number of Common Shares outstanding – basic and diluted24,889,16718,139,30024,345,38716,825,405
Loss per share – basic and diluted(0.36)(0.25)(0.48)(0.49)

Summary of Balance Sheet ($CDN)

As at June 30, 2020As at December 31, 2019
Assets$$
Cash81,697441,757
Amounts receivable1,428,4901,202,924
Prepaid assets930,962704,632
Biological assets31,285117,367
Inventory3,926,6911,484,371
Right to use asset441,581539,710
Property and equipment20,990,03322,622,322
Intangible assets10,686,56111,063,900
Derivative asset1,500,5743,780,000
Investments7272
Goodwill2,520,3823,207,227
Total Assets42,538,32845,164,282
Liabilities and Equity
Amounts payable6,335,5535,177,634
Due to related party2,249,8623,319,116
Convertible debentures742,810715,626
Derivative liability82523,434
Lease liability464,691555,339
Term loan––
Deferred revenue3,228,5923,323,518
Deferred tax liability2,173,8342,173,834
Total Liabilities15,196,16715,288,501
Shareholder’s equity27,342,16129,875,781
Total Liabilities and Shareholder’s Equity42,538,32845,164,282

About Avicanna

Avicanna is a diversified and vertically integrated Canadian biopharmaceutical company focused on the research, development and commercialization of plant-derived cannabinoid-based products for the global consumer, medical, and pharmaceutical market segments.

Avicanna is an established leader in cannabinoid research and development, which it primarily conducts at its R&D headquarters in the Johnson & Johnson Innovation Centre, JLABS @ Toronto, Canada and in collaboration with leading Canadian academic and medical institutions. In addition to its developing pharmaceutical pipeline, Avicanna’s team of experts have developed and commercialized several industry leading product lines, including:

  • Pura H&W: an advanced and clinically tested line of CBD consumer derma-cosmetic products; and,
  • RHO Phyto: an advanced line of medical cannabis products containing varying ratios of CBD and THC currently available nation-wide across Canada in partnership with Medical Cannabis by Shoppers™, a subsidiary of Shoppers Drug Mart. RHO Phyto is the first strictly medical formulary of advanced “Cannabis 2.0” products, containing oils, sprays, capsules, creams, and gels, all developed with scientific rigour, manufactured under GMP standards and supported by pre-clinical data.

With ongoing clinical trials on its derma-cosmetic (Pura H&W), medical cannabis (RHO Phyto) and a pipeline of pharmaceutical products, Avicanna’s dedication to researching the important role that cannabinoids play in an increasingly wider scope of products has been at the core of the Company’s vision since its inception. Furthermore, Avicanna’s commitment to education is demonstrated through its annual medical symposium, the Avicanna Academy educational platform, and the My Cannabis Clinic patient program through its subsidiary company.

Avicanna manages its own supply chain including cultivation and extraction through its two majority-owned subsidiaries, Sativa Nativa S.A.S. and Santa Marta Golden Hemp S.A.S., both located in Santa Marta, Colombia. Through these sustainable, economical, and industrial scale subsidiaries, Avicanna cultivates, processes, and commercializes a range of cannabis and hemp cultivars dominant in CBD, CBG, THC, and other cannabinoids for use as active pharmaceutical ingredients. Avicanna’s Avesta Genetica program specializes in the development and optimization of rare cultivars for commercial production along with feminized seeds for global export. In June 2020, Avicanna made history with a shipment of hemp seeds to the United States of America by completing the first ever export of hemp seeds from Colombia.

Stay Connected

For more information about Avicanna, visit www.avicanna.com, call 1-647-243-5283, or contact Setu Purohit, President by email at [email protected].

Cautionary Note Regarding Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Avicanna’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Avicanna’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, the ability of the combined expertise of the Company and CARG to fast-track the development of advanced pharmaceutical formulations of cannabinoids and their route to market, the ability of the Company to certify the safety and stability of the Pura H&W formulations not yet registered with the CPNP, the ability of the Company to sell, export and use CBG seeds for local production in Colombia, the ability of the Company to sell the RHO Phyto products in Canada and internationally, the ability of the Company to manufacture pharmaceutical grade products for clinical trials in Canada, and that the RHO Phyto sublingual spray and topical products will be available through Medical Cannabis by Shoppers in Q3 2020 and that capsules will be available for sale through Medical Cannabis by Shoppers in Q4 2020.

By identifying such information and statements in this manner, Avicanna is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Avicanna to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, Avicanna has made certain assumptions.

Among others, the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: decreases in the prevailing prices for cannabis and cannabis products in the markets in which the Company operates; adverse changes in applicable laws; adverse changes in the application or enforcement of current laws, including those related to taxation; increasing costs of compliance with extensive government regulation; changes in general economic, business and political conditions, including changes in the financial markets and in particular in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; risks related to licensing, including the ability to obtain the requisite licenses or renew existing licenses for the Company’s proposed operations; dependence upon third party service providers, skilled labor and other key inputs; risks inherent in the agricultural and retail business; intellectual property risks; risks related to litigation; dependence upon senior management; and the other risks disclosed in the Company’s annual information form dated April 15, 2020 filed with the Canadian securities regulators and available under the Company’s profile on SEDAR at www.sedar.com. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

The statements in this press release are made as of the date of this release. The Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE Avicanna Inc.

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NCAA Division 1 Big East Conference Invites Loop Insights $MTRX.ca to Present Contact Tracing Solutions to Support Safe Resumption of Schools, Stadiums and Facilities $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:27 AM on Monday, August 17th, 2020
Loop Insights – Medium
  • Announced it has been invited to present its contact tracing solutions to the Athletic Directors of the 11 NCAA Division 1 Schools of the Big East Conference (“Big East”), for the purposes of supporting resumption plans that provide a safe environment for students, faculty, athletes, fans and staff
  • On August 12th, Big East announced the postponement of its fall sports season out of concern for the welfare of student-athletes during the coronavirus pandemic
  • Moreover, Big East has yet to determine whether winter and spring sports will take place as scheduled and is in search of safety processes and protocols that will provide for the safe resumption of athletic events

VANCOUVER, BC, Aug. 17, 2020 – Loop Insights Inc. (TSXV: MTRX) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive automated marketing, contact tracing, and contactless solutions to the brick and mortar space, is pleased to announce it has been invited to present its contact tracing solutions to the Athletic Directors of the 11 NCAA Division 1 Schools of the Big East Conference (“Big East”), for the purposes of supporting resumption plans that provide a safe environment for students, faculty, athletes, fans and staff.

BIG EAST HAS ESTABLISHED ITSELF AS ONE OF NATION’S EXCEPTIONAL CONFERENCES  

The Big East Conference’s member schools include Villanova University, Georgetown University and St. John’s University and represent more than 150,000 students.  Big East institutions are located in the nation’s largest media markets, including New York, Chicago, Philadelphia and Washington, D.C. 

Since the relaunch of the Big East in 2013, it has sponsored championship competition in ten men’s and twelve women’s NCAA sanctioned sports, producing 12 national champions. 

POSTPONEMENT OF BIG EAST FALL SPORTS SEASON UNTIL SAFE PROCESSES AND PROTOCOLS CAN BE ESTABLISHED

On August 12th, Big East announced the postponement of its fall sports season out of concern for the welfare of student-athletes during the coronavirus pandemic. Moreover, Big East has yet to determine whether winter and spring sports will take place as scheduled and is in search of safety processes and protocols that will provide for the safe resumption of athletic events.

Loop Insights CEO Rob Anson stated”It is both an extraordinary honour and a testament to the reputation of our contact tracing technology to be invited to present our solutions to the head Athletic Directors of The Big East Conference.  Though our presentation is being made to the Athletic Directors for the purposes of supporting the resumption of athletic events, our solutions will apply to the entirety of the campus, student body, faculty and facilities to expedite physical attendance and related economic activities.”

LOOP CONTACT TRACING SOLUTION PROVIDES NCAA CONFERENCES WITH AN OPPORTUNITY TO RESTART CAMPUS ACTIVITIES AND ECONOMIC RECOVERY

In 2013, Big East forged a landmark, long-term broadcast partnership with FOX Sports in a 12-year, $500 million television contract. FOX’s comprehensive coverage of BIG EAST men’s basketball includes the broadcast of all regular-season games on FOX, FS1, or FS2, as well as the BIG EAST Tournament at Madison Square Garden, college basketball’s longest-running postseason conference tournament. 

The postponement of the falls sports season represents a significant loss of important incomes to all members of Big East, who are in need of solutions that not only support a safe environment for fans, staff and athletes, but also optimize their revenue streams that warrant the restart of operations.  Loop effectively solves both of these problems with their leading contact tracing solutions providing the comfort necessary to put on events.  With fans streaming into these events, Loop’s contactless, artificial intelligence marketing solutions will provide personalized promotions and targeted engagement, leading to higher conversions and transaction revenue at all of our events.

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A https://agoracom.com/ir/LoopInsights/forums/discussion

About Loop Insights 

Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia.

Forward-Looking Statements/Information: 

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

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

SOURCE LOOP Insights Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2020/17/c4709.html

Loop Insights Inc., Rob Anson, CEO, T: +1 877-754-5336 Ext. 4, E: [email protected]; LOOP Website: www.loopinsights.ai, Facebook: @LoopInsights, Twitter: @LoopInsights, LinkedIn: @LoopInsightsCopyright CNW Group 2020

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The astronomical rise of #Esports – SPONSOR: Esports Entertainment Group $GMBL $DKNG $PENN $GAN $ESPO $AESE $EGLX.ca $BRAG.ca $FDM.ca

Posted by AGORACOM-JC at 5:24 PM on Friday, August 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 designed for the purpose of facilitating as much of this wagering as possible.  LEARN MORE.

The astronomical rise of esports

  • If this is your first time hearing about esports, you’re behind the curve — esports is one of the fastest growing industries in the world
  • Last year, the esports industry had an estimated audience of 453 million, up from 293 million in 2016

By Derek Chen July 22, 2020

If you’re bored during quarantine and looking for a fun, popular and lucrative way to pass the time, consider putting down that baking pan or pausing that Netflix show and picking up a controller to join the world of esports, a hot trend in the media and entertainment industry. Esports is a competitive video game sport that has grown to incorporate organized tournaments with professional players. Before the COVID-19 pandemic, these tournaments were almost always in-person events, complete with live audiences and referees who monitored potential cheating. 

If this is your first time hearing about esports, you’re behind the curve — esports is one of the fastest growing industries in the world. Last year, the esports industry had an estimated audience of 453 million, up from 293 million in 2016. By 2021, that number is expected to reach 557 million. And it’s not just your stereotypical G Fuel-drinking, Doritos-loving high school guys pushing this growth: Universities across the nation have begun investing in this industry. According to the National Association of Collegiate Esports, more than 170 U.S. colleges have varsity esports programs and are offering around $16 million per year in scholarships. College esports tournaments have attracted over 1,350 schools and 40,000 players.

Even the most traditional Wall Street bankers are taking notice of this industry’s potential to make big money. Most esport viewers are in their teens or early twenties, a much-coveted demographic for advertisers, and 43% of esports fans have an annual household income of $75,000. For brands who want to acquire new, young, high-spending customers, esports is especially attractive. Louis Vuitton, for example, is collaborating with video game developer Riot Games to design virtual items in League of Legends (such as “prestige skins”) that players can buy using real money. The fashion brand also spent 900 hours creating an extravagant custom trophy case that combines Louis Vuitton’s bougie flair with League of Legends’ medieval style. Meanwhile, some companies have profited from esports without even trying. In 2018, professional gamer Ninja crashed the website of MeUndies just by mentioning the underwear brand on a livestream. 

Why has esports experienced this meteoric rise in popularity and significance? From a social standpoint, esports is far more inclusive than other sports. Men and women of nearly all ages and from various social groups and demographics can play on the same teams and easy translation in the virtual format tears down the language barrier. Unlike in real sports, where genetics may greatly affect your potential to succeed, in esports, anyone with enough practice can become a competent gamer — and everyone has the potential to compete with the best.

From a technological standpoint, video games with increasingly life-like visuals have enhanced the viewing experience. Games now frequently run on a smooth 60 frames per second with 4K resolution, resulting in extremely realistic animations and an immersive experience. The rise of esports can also be traced to the rise of video games among youth. According to Pew Research, 90% of teens aged 13-17 played video games in 2018. The percentage is 97% among boys of that age. With a high number of youth playing games, it’s not hard to imagine that a few would get interested in esports and start the trend among their peers. 

The viewership of esports will only grow, especially as famous names in other industries, such as Jennifer Lopez and Travis Scott, associate themselves with leading esports tournaments. The growth of advertising in esports means that brands will now interface directly with previously hard-to-reach audiences, generating previously unthinkable ways to advertise and making space for unlimited creative potential. So, if you want to curb your bread-making addiction during quarantine and spend this extra time getting ahead of the game (pun absolutely intended), consider esports.

Source: https://www.dukechronicle.com/article/2020/07/the-astronomical-rise-of-esports

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Affinity Metals $AFF.ca Commences Field Exploration and Drill Program on Regal Gold and Silver Project $MKR.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM at 9:08 AM on Friday, August 14th, 2020
  • Exploration program will focus on several key areas of the property and will consist of further geological mapping and associated geochemical sampling
  • 2,000 meters of diamond drilling.

Vancouver, British Columbia–(Newsfile Corp. – August 14, 2020) – Affinity Metals Corp. (TSXV:AFF)”) (“Affinity”) (“the Corporation”) is pleased to announce that it has commenced the 2020 field exploration program at its flagship Regal Project encompassing 8,800 hectares of the northern end of the prolific Kootenay Arc approximately 25 km northeast of Revelstoke, British Columbia, Canada.

The exploration program will focus on several key areas of the property and will consist of further geological mapping and associated geochemical sampling as well as up to 2,000 meters of diamond drilling. The initial program may be expanded depending on ongoing prospecting and sampling being conducted in previously unexplored areas of the property.

Allco – Silver Discovery

The drilling in the Allco area is designed to test part of a large, several kilometer long northwest-southeast fault/contact that separates limestones from argillites. Previous 2019 prospecting and surface sampling in the vicinity of several past producing historic adits resulted in the discovery of several high grade silver and gold surface outcrops. Drilling in this same area last fall resulted in a significant new silver discovery being made with drill hole #10 intersecting 11.10 meters of 143.29 g/t silver including 0.55 meters of 2612.0 g/t silver. This intersection also carried high grade zinc and lead with some copper. Mineralized intersections within the drill core consisted mostly of argentiferous galena, sphalerite and tetrahedrite hosted within quartz veins and breccias.

The Allco portion of the 2020 exploration program will focus on expanding the hole #10 silver discovery through step out drill holes and detailed surface mapping and will also attempt to test the continuity of the mineralized structure further along the fault/contact.

Z-TEM – SG3 Acoustic EM Geophysical Anomaly

Drilling is planned to test a very large geophysical anomaly defined by previously flown Z-TEM (Geotech Ltd.) as well as overlapping SG3 Acoustic EM (Earth Sciences Services Corp.). The anomaly is located between the Allco and Regal areas of the property in an area in which several major fault structures converge.

This geophysical anomaly potentially represents a significant “engine” for the regional geological system exhibiting high grade polymetallic veins and enriched silver-lead-zinc soil anomalies distributed over a several kilometer trend through the past producing Allco and Regal areas of the property.

Robert Edwards, CEO of Affinity stated: “We are excited to get back on the property to build on the successes of the past exploration with our 2019 silver discovery and also to now drill test this substantial geophysical target. The timing of this Regal program really couldn’t be better coinciding with the gold and silver markets showing incredible bullishness.”

Qualified Person

The Qualified Person for the Regal Project for the purposes of National Instrument 43-101 is Alicia Carpenter, P.Geo. She has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

About Affinity Metals

Affinity is focused on the acquisition, exploration and development of strategic metal deposits within North America. Affinity is following a hybrid approach of combining the advancement of strategic assets along with following a Project Generator model.

Affinity presently holds two properties in British Columbia as well as five properties located near Timmins, Ontario. Affinity is presently advancing both the Regal and West Timmins Gold projects.

The Regal is located near Revelstoke, BC in the northern end of the prolific Kootenay Arch and hosts several major geophysical anomalies as well as three historic small-scale past producing mines. Affinity conducted the first known drill program in the Allco area of the property in 2019 which resulted in a new silver discovery with an 11.10 meter interval of 143.29 g/t silver which included a 0.55 meter interval of 2,612.0 g/t silver.

The West Timmins Gold property is located near Timmins, Ontario, Canada and adjoins Melkior’s Carscallen project. The first drill hole has been completed and assays from that first hole are expected to be received by the Corporation within the next two weeks.

On behalf of the Board of Directors

Robert Edwards, CEO and Director of Affinity Metals Corp.

The Corporation can be contacted at: [email protected]

Information relating to the Corporation is available at: www.affinity-metals.com

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VIDEO: Red Light Holland $TRIP.ca #Psychedelics Will Be Hitting The Shelves Soon, Followed By Production of 100,000 Grams Of Magic Truffles

Posted by AGORACOM-JC at 4:02 PM on Thursday, August 13th, 2020
Red-Light-Holland-Square

The dawn of the psychedelics industry could not have come at a more needed time for humanity, as global events have served to exacerbate mental health issues related to anxiety and depression. Investors will need help identifying best of breed psychedelics companies and a review of the Red Light Holland story is all you need to know about where the Company is going.  

Red Light Holland (TRIP:CSE) is a psychedelics company focused on the development of premium “magic” truffles in the Netherlands. More than just lip service the Company already has these two very strong pillars in place:

TEAM – In order to help guide the company’s development and operations in the psychedelics space, TRIP has signed former Canopy Growth CEO Bruce Linton as chair of its advisory board and Former Canadian Health Minister, Tony Clement, as Senior Advisor.  Company President Hans Derix is a native of the Netherlands and an expert in the space with over a decade of accomplished experience.

BUSINESS – The Company’s recreational brand of magic truffles are expected to be sold in the Netherlands through existing Smart Shops by mid-September, as well as, its e-commerce platform through microdose packs.   To this end, TRIP has already  commenced growing its first crop of magic truffles months ahead of schedule.  The initial batch of approximately 100,000 grams of magic truffles available in late October, 2020.

As if that wasn’t enough, TRIP has also produced a virtual reality experience for prospective customers who want to experience the effects of their products before actually trying it.  The AGORACOM thesis of small cap wealth this decade is the convergence of emerging technologies – but even we didn’t foresee the explosive intersection of virtual reality and psychedelics!

If you believe in the future of Psychedelics and Psilocybin in particular, then this interview with Todd Shapiro, CEO of Red Light Holland will be a TRIP.  

Watch this interview or listen by Podcast on Apple, Google, Spotify or your favourite podcaster.

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Future #Chelsea stars use augmented reality #AR app to supplement training SPONSOR: Imagine AR $IP.ca $IPNFF $SEV.ca $VST.ca $YDX.ca $NTAR.ca

Posted by AGORACOM-JC at 3:25 PM on Thursday, August 13th, 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 in addition to a collaboration with Music Superstar Flo Rida Learn More.

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Future Chelsea stars use augmented reality app to supplement training

Chelsea’s stars of tomorrow are already honing their skills by using the Blues’ groundbreaking new augmented reality mobile phone app.

The Stamford Bridge club’s junior academy players are using the Perfect Play app to supplement their training.

Academy graduate Reece James has provided the first digital masterclass for the tool that is now available for anyone to download.

24 hours have passed since the official launch of Perfect Play and we’re so overwhelmed by the support and amazing comments! There’s so much more to come from Perfect Play! Download today and #TrainWithTheBest

Download here: https://t.co/nEEQ3LY40V pic.twitter.com/P0yT5jIegv

— Perfect Play (@PerfectPlay) August 13, 2020

The new app uses video tracking technology to map the user’s space and return inch-perfect data on performance and ability in a host of individual or team challenges.

Chelsea’s academy staff and developers have worked since December 2018 on a product launched this week, one which they believe can take youth training to a whole new digital level.

Chelsea Under-11s head coach Sam Page has helped stars like Mason Mount and Tammy Abraham through the Stamford Bridge ranks and has taken a lead role on the new app.

“We’ve actually already used the app with our academy players and it’s been a really interesting part of our home learning programmes that we developed during the course of the pandemic lockdown,” Page told the PA news agency.

“It presented a really exciting opportunity for us with Perfect Play, and we offered the testing version of the app to our academy players from the Under-Nines to Under-13s as part of their home learning programme.

“They tested it for us and had it as part of their programme, so we had some really nice feedback and were able to make some refinements off the back of that.

“And moving forward we’re really keen for it to be a supplementary part of the programme for the youngest age groups that we only see on a part-time basis.

“Our goal is to remain at the forefront of what’s happening in global academy football, we always aspire to be world-leading.

It’s been fantastic working on this project for the past 18months. I am now really excited to see where we go next. https://t.co/o0h7pswPpy

— Sam Page (@sampage1871) August 12, 2020

“Our head of youth development Neil Bath really drives us as coaches to think in a fully-integrated fashion, and about all the technologies that come with that.

“Perfect Play is a really good example of how as coaches we can think about what technology can do to enhance our coaching practice.”

Manager Frank Lampard awarded a record number of senior debuts to home-grown stars in his first season at the Stamford Bridge helm.

Page admitted his own pride at seeing such a bumper crop of academy graduates, especially when witnessing England midfielder Mount hit the net in the 1-1 home draw with Leicester at the start of the campaign.

“There is immense pride in seeing a lot of our lads playing at Stamford Bridge,” said Page.

“For me the memory of Mason scoring against Leicester in the first game, I’ve been to many games at Stamford Bridge but that’s a very special memory for me.

“We talk to our players about it now, about the pathway and the expectations that Frank has, and the things he talks to us as academy staff about; the commitment, hard work, dedication, all of those core fundamental skills that we’ve also tried to embed in the Perfect Play app.” Stars like Mason Mount, pictured, were helped through Chelsea’s academy by Sam Page, one of the key contributors to the club’s new training app (Alastair Grant/NMC Pool)

Product owner Steve Didd will continue to work with Chelsea on refining an app he believes can help radically alter general sports training.

“Technology is going to be hugely influential in terms of how people train, and it’s something we’re hugely excited about delivering within Perfect Play,” Didd told the PA news agency.

“Our goal with the product is to make kids better footballers, and this technology enables us to show them they are getting better, because it captures their performances.

“Kids are very tech savvy now, but this should be extremely intuitive to set up and use and we believe it’s going to become an essential part of football training moving forwards.

“We’re taking elite academy methodologies that have been developed over decades, digitising that, and allowing kids to have that same kind of training, that wouldn’t be accessible elsewhere. So it’s there to help kids improve and gain the edge.

“We already have a masterclass in the app with Reece James.

“We’re heavily involved with the first-team men and women as well as the academy kids who feature. And we’ll be doing more masterclasses with players from both the men’s and women’s team.”

Source: https://www.shropshirestar.com/sport/uk-sports/2020/08/13/future-chelsea-stars-use-augmented-reality-app-to-supplement-training/

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Tesla Considers All-In-One Home, Battery and Electric Car Energy Package SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 12:01 PM on Thursday, August 13th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko has an option for 100% of the high-grade La Loutre graphite Property, Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

Electric car and solar energy company Tesla is considering providing an all-in-one home and car energy package, that would include controlled EV charging times if it goes ahead in Germany.

As more cars become powered by electric drive-trains, the lines between the energy and automotive industry will become increasingly blurred.

Already, energy companies, such as AGL, Origin  and Powershop in Australia, are looking to offer cheaper tariffs for EV drivers and consider ways to encourage drivers to charge their EVs to help soak up excess electricity demand.

Now, we are beginning to see similar moves from the other side of the market: auto makers looking to slide sideways into the energy market (not to mention oil companies such as Shell doing something similar).

In a survey sent to potential German customers, Tesla sought to gauge interest on whether electric car drivers would like Tesla to schedule car charging times as part of the package to take advantage of cheaper tariffs.

The survey also asked respondents if they would be interested in purchasing a Tesla Wall Connector EV charge unit, a Tesla Powerwall, Tesla solar panels, as well as what would persuade them to switch to another energy company.

According to PV-Magazine which first reported the survey, it hints at a possible “energy package” that would combine all of these.

The company also asks: “Suppose your car is charged every morning to meet your daily needs. Under what conditions would you allow Tesla to control the charging time of your car so that it is charged for your daily needs and to offer you a cheaper electricity tariff?”

Options that survey respondents can select include, “If there is a clear financial advantage for me,” and, “If there are other advantages such as free or cheaper charging at home or on public charging station,” and if, “it helps to increase the share of renewable energies in the energy mix.”

To determine to what degree EV drivers would be prepared to hand over control of charging times to Tesla, the survey also asks what type of payment model they would prefer, including “a day-ahead hourly-variable price per kilowatt-hour.”

The German survey is not the first inkling that Tesla is considering entering the energy market.

In May, RenewEconomy reported that the Californian EV and battery storage giant had applied to the UK’s energy regulator for a licence to sell energy.

It’s not clear if Tesla is thinking about combining its energy package with a “big battery” such as the one operated by French renewable energy developer Neoen in Hornsdale, South Australia that doubled savings for customers within its first two years’ of operation, as well as shoring up grid security.

While Tesla’s expansion into energy has always been part of its raison d’être, having acquired SolarCity in 2016 as part of a “master plan”, the EV maker is not the only car company that is eyeing off the energy market.

In 2019, German auto giant Volkswagen also announced it would expand its offerings to include renewable household energy systems and electric car charging, under new subsidiary, Elli Group GmbH.

Tesla did not respond to queries from the The Driven if it would consider a similar package in Australia before the time of publishing.

SOURCE: https://thedriven.io/2020/08/11/tesla-considers-all-in-one-home-battery-and-electric-car-energy-package/

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