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The Power of Psychedelics SPONSOR: MOTA Ventures $MOTA.ca $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 9:40 AM on Monday, July 13th, 2020

SPONSOR: Mota Ventures Corp is an established natural health products company focused in the CBD and psychedelic medicine sectors. Through their powerful eCommerce business, Mota is a leading direct-to-consumer provider of a wide range of natural health products throughout the United States and Europe. Click Here for More Info

In 2012, I had my first psychedelic experiences, as a subject in a clinical trial at Johns Hopkins University School of Medicine’s Behavioral Pharmacology Research Unit. I was given two doses of psilocybin spaced a month apart to treat my cancer-related depression.

During one session, deep within the world the drug evoked, I found myself inside a steel industrial space. Women were bent over long tables, working. I became aware of my animosity towards my two living siblings. A woman seated at the end of a table wearing a net cap and white clothes, turned and handed me a tall Dixie cup.

“You can put that in here,” she said. The cup filled itself with my bilious, sibling-directed feelings. “We’ll put it over there.” She turned and placed the cup matter-of-factly on a table at the back of the room. Then she went back to her tasks.

Whenever I speak with her, Mary Cosimano, the director of guide/facilitator services at Johns Hopkins Center for Psychedelic and Consciousness Research, mentions the women in the chamber and the cup. My experience struck a chord. For me, the women in the chamber have become a transcendent metaphor for emotional healing.

“I’ve thought about having a necklace made, with the cup, as a momento,” she said the last time I saw her at a conference. “Have you thought about it?”

Prior to their 1971 prohibition, psilocybin and LSD were administered to approximately 40,000 patients, among them people with terminal cancer, alcoholics and those suffering from depression and obsessive-compulsive disorder. The results of the early clinical studies were promising, and more recent research has been as well.

The treatment certainly helped me. Eight years after my sessions, researchers continue to prove the same point again and again in an ongoing effort to turn psychedelic drug therapy into FDA-sanctioned medical treatment. This can’t happen soon enough.

“Psychopharmacology as a field had stalled. Many patients don’t respond to conventional treatment with SSRIs,” says Charles Grob, M.D., professor of psychiatry and biobehavioral Sciences at Harbor-UCLA Medical Center, and the first modern clinical researcher to treat advanced-stage cancer patients suffering from depression and anxiety with psychedelics.

There is little hard evidence to show that long-term psychotherapy is effective in treating mental illness, depression or post-traumatic stress disorder (PTSD). And there’s the cost, which fewer and fewer insurers underwrite and ordinary people can’t afford.

The failure of the psychotherapeutic process is located at its epicenter: the power disparity in the therapeutic dyad. Merely walking through the consulting room door, the patient subordinates herself to the therapist, who, by virtue of a title, is presumed to know more about her than she does herself. Transference and countertransferance—offspring of Freudian psychoanalysis—are cogs in the same moribund engine. The field will not change until the therapeutic relationship as it has been structured since the 19th century disappears.

Psychedelic drug therapy subverts the timeworn patriarchal hierarchy by creating an atmosphere of cooperation and trust rather than competition and domination. Or, to state it more bluntly, what women do in structured settings rather than what men do; women create cooperatives, men create hierarchies.

The treatment space is furnished like a lounge, with couches, chairs and table lamps. A music track plays. Two trained guides, one male, one female, are seated close by, ready to help if the emotional path becomes difficult. Guides are not therapists; instead they serve as trusted companions along a perilous, transformative spiritual journey. The sessions are led by the subject herself, by her feelings and perceptions throughout the experience and the way she processes them afterward.

“The drug is a skeleton key which unlocks an interior door to places we don’t generally have access to,” says psychologist William A. Richards, one of the researchers who successfully treated patients with hallucinogens in the 1960s and early 1970s. “It’s a therapeutic accelerant.”

MDMA (3,4-methylenedioxymethamphetamine) is rapidly proving effective in treating PTSD. MDMA is an “entactogen”: it touches within in a way talking does not. Michael Mithoefer, a psychiatrist in Charleston, S.C., who has worked with military personnel and first responders, conducted a phase II clinical trial using MDMA to treat PTSD.

“[Treatment is] not just revisiting the traumatic experiences,” he said. “It’s a process of affirming a different experience on all levels, including in the body.”

During MDMA sessions, subjects become more emotionally flexible and able to stay the course while exploring difficult memories. Many experience an enduring change in their response to emotional triggers. Clinicians hope to see MDMA approved by the FDA for PTSD treatment as early as 2022.

Treatment with psychedelic drugs represents a paradigm shift in the approach to mental health. For me, the change in the field is embodied by the presence of the busy women along my journey. The women treated my feelings as matters of fact, not to be avoided, reviled or fled from, but so obvious and ordinary they could be poured into a Dixie cup and set aside.

The success of the cancer studies has led to investigational treatment for patients suffering from intractable depression, early-stage Alzheimer’s, anorexia nervosa and smoking addiction. Within a few years, the patriarchal therapeutic model could be a thing of the past, supplanted by short-term guided treatment with psychoactive drugs.

SOURCE:https://www.scientificamerican.com/article/the-power-of-psychedelics/

INTERVIEW: TransCanna $TCAN.ca License Creates One Of California’s Largest Fully Licensed Cannabis Facilities $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 8:12 PM on Sunday, July 12th, 2020
tcan-square

TransCanna Holdings (TCAN:CSE) is part of the New Cannabis Kids On The Block wave that investors are demanding after mega financed companies flopped last year.  TCAN, on the other hand, is delivering the following to investors: 

·  $2M CAD Revenue April 2020 

·  $24.6M CAD Revenue Run Rate solely from TransCanna test facility 

·  $90M Annual Revenue expected from first full year upon completion of 196,000 Sq Ft Daly facility Q3 2021 

·  Daly facility will be one of the largest cannabis facilities in California 

And today the story got even better, with TCAN announcing that its wholly-owned subsidiary was granted a “Type 11 Distributor License” by the California Bureau of Cannabis Control for its 196,000 square foot Daly Avenue Facility. 

HUGE BUSINESS IMPLICATIONS – TRANSCANNA POSITIONED TO BECOME PART OF NEW LEADERSHIP GROUP IN CANNABIS  

As a result, Trancanna now owns the largest known, fully licensed cannabis facility in California.  Given the fact TCAN is processing more than $USD 1,000,000/month in wholesale cannabis transactions out of a distribution space of just 1,000 square feet, the implications for Daly expanding to 196,000 square feet are HUGE in the areas of:  

  • Capacity 
  • Revenue
  • Reach
  • …. much more 

The first round of cannabis leaders disappointed investors and created significant value destruction in the space.  But like every new mega industry that goes through a catharsis stage, the next round of growth gives birth to the best and potentially biggest players for the long haul.

The next 24 – 36 months are going to be fun for TCAN.  How fun?  Watch this interview with CEO Bob Blink.

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

Mota Ventures $MOTA.ca Reports $7.65m Revenue in Q1 2020 $SHRM $RVV $APH.ca $GBLX $PFE $WEED.ca $HIP.ca $WMD.ca

Posted by AGORACOM at 8:07 AM on Wednesday, July 8th, 2020

VANCOUVER, BC / ACCESSWIRE / July 8, 2020 / Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ1)(OTC PINK:PEMTF) (the “Company“) is pleased to announce its financial results for the first quarter ending March 31, 2020. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. The press release is intended to be read in conjunction with the Company’s unaudited Condensed Interim Consolidated Financial Statements and Management Discussion & Analysis for the three months ended March 31, 2020, which are filed under the Company’s profile on SEDAR (www.sedar.com), and also available on the Company’s website.

First Quarter 2020 Key Highlights include:

  • The Company acquired online cannabidiol (CBD) product distributor Nature’s Exclusive from Unified Funding, LLC.
  • Agreement finalized with Sativida OU (Estonia) and Sativida OU’s subsidiary, VIDA BCN LABS S.L (collectively, “Sativida”) to acquire Sativida in stages.
  • The Company acquired the intellectual property and trade names of Sativida in Spain, which will be licensed back in exchange for a royalty associated with gross revenues generated by Sativida.
  • The Company entered into a Licensing and Royalty Agreement with Phenome One Corporation (“Phenome”) for the right to cultivate, harvest, process and sell a selection of cultivars from Phenome’s genetic library, and the Company was granted unlimited access to a Phenome’s proprietary nutrient intellectual property (IP) and catalogue.
  • The Company entered into a Joint Venture with BevCanna Enterprises Inc (“BevCanna”) to distribute BevCanna branded beverage products infused with hemp-derived CBD in the European market.
  • Consolidated Q1 2020 gross revenue was $7.65 million, with cost of goods sold of $7.05 million, resulting in gross profits of $605,150. Operating and other operating expenses for the three months ended March 31, 2020 were $5.24 million.
  • The Company raised $1.72 million through share subscriptions received for the issuance of units at $0.28 and received $309,000 in proceeds from the exercise of warrants.
  • The Company ended Q1 2020 with $2.1 million in cash.

Management Commentary

In the midst of evolving challenges resulting from the global novel coronavirus outbreak, the Company realigned priorities to include focus on the health and safety of our employees, customers and suppliers. The way our team adapted and performed was exceptional. I am also pleased to announce that, despite the unprecedented uncertainties resulting from the coronavirus, our operations and supply chains performed without interruption, and the Company achieved targets in line with expectations. In order to capitalize on the global market, we recognize the need to be flexible and proactive in addressing market trends. For the second quarter our objectives are to yield increased revenues and higher gross margins. Due to the initial cost of customer acquisition, transitioning more customers into our monthly subscription will significantly increase margins.” stated Ryan Hoggan CEO of the Company.

About Mota Ventures Corp.

Mota Ventures is an established natural health products and eCommerce technology company focusing on the CBD and psychedelic medicine sectors. The company has a strong presence in both North America and Europe. In the United States, Mota Ventures offers a CBD hemp-oil product line derived from hemp grown and formulated in the US through its Nature’s Exclusive brand. Within Europe, the company’s Verrian operations is currently conducting clinical studies utilizing proprietary products for the treatment of opiate addiction. The highly skilled Verrian team also manages Mota Ventures’ 110,000 square foot manufacturing facility in Radebeul, Germany. In addition, Mota Ventures’ Sativida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom. The company is also seeking to acquire additional revenue-producing natural health product brands and operations in both Europe and North America with the goal of establishing an international distribution network utilizing its eCommerce technology platform.

ON BEHALF OF THE BOARD OF DIRECTORS

MOTA VENTURES CORP.

Ryan Hoggan

Chief Executive Officer

For further information, readers are encouraged to contact Joel Shacker, President at +604.423.4733 or by email at [email protected] or www.motaventuresco.com

Early Signals of What is Coming in Juniors SPONSOR: Loncor Resources $LN.ca $ABX.ca $TECK.ca $RSG $NGT.to $GOLD $NEM

Posted by AGORACOM at 11:24 AM on Tuesday, July 7th, 2020

Sponsor: Loncor, a Canadian gold explorer controlling over 3.6 million high grade ounces outside of a Barrick JV. The Ngayu JV property is 200km southwest of the Kibali gold mine, operated by Barrick, which produced 814,000 ounces of gold in 2019. Barrick manages and funds exploration at the Ngayu project until the completion of a pre-feasibility study on any gold discovery meeting their Tier One investment criteria. Newmont $NGT $NEM owns 7.8%, Resolute $RSG owns 27% Management owns 29% Click Here for More Info

This image has an empty alt attribute; its file name is Loncor-Small-Square.png
  • Precious Metals have not broken out. Not yet.

Gold closed the week at $1790 and Silver at $18.32. They have yet to breach critical resistance levels at $1800 and $18.75. 

But the junior sector has broken out. 

Both GDXJ (juniors ETF) and GOEX (explorers ETF) eclipsed 7-year resistance and made new daily and weekly highs. 

The senior miners have lagged in recent days. Capital is flowing downstream.

Anecdotally speaking, did you notice the moves in various individual juniors within the past two weeks? 

Quality juniors and even some juniors devoid of quality and a mining-related purpose surged higher. I will spare you the names.

Some daily charts are showing that rhino-horn look. It’s the opposite of a fishing line look.

Anyway, these types of moves are an early signal of what potentially lies ahead.

GDXJ and GOEX have joined GDX in blue sky territory with limited overhead resistance and measured upside targets that are significantly higher. GOEX (explorers), GDXJ (juniors)

The last major breakout in the precious metals sector was in the second half of 2005.

Gold stocks broke out from 8-year resistance, while Gold and Silver surpassed technical resistance in place for 20 years.

During that breakout and furious move that followed, the parent index of GDXJ (MVIS) surged 120% in only six months.

MVIS Juniors Index

The most significant and most consistent moves in markets occur after major bottoms and after major breakouts.

The critical difference is a major breakout leads to a new multi-year high. Optimism is already present, but the breakout solidifies that optimism, leading to increased confidence and a new round of speculation. 

This sounds dangerous, but it isn’t unless the fundamentals shift and valuations are sky-high. The fundamentals of precious metals are strengthening, and valuations are hardly a concern.

With that said, the metals have not broken out yet, and the miners could experience a pullback to correct their overbought condition.

Currently, the bullish percentage index, a breadth indicator for GDX is at 100%. Meanwhile, the percentage of GDXJ stocks trading above the 50-day and 200-day moving average is 93% and 90%.

Strength is good, but too much strength can lead to a quick pullback. 

Anyway, we will make the most money by buying quality and holding. If we get a quick snapback in the juniors, then take advantage of that weakness. 

This remains an excellent time to get into quality juniors with the most upside potential as the wind is at your back.

SOURCE: https://thedailygold.com/early-signals-of-whats-coming-in-juniors/

Why a “Million Mile” Electric Vehicle Battery Heralds the Death of Internal Combustion Engine SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 11:17 AM on Tuesday, July 7th, 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

Talking about batteries is just about as interesting as Scotch tape or paper clips. We take them for granted, but we all use them. Batteries have been around a long time. In 1938, archaeologists at a dig in Iraq uncovered the earliest -known battery dating back over 2000 years.

The first common, commercially available batteries like what we use today were invented in 1896 by a company that eventually renamed itself Eveready. These were specifically made for a new device called a “hand torch,” later known as a flashlight.

Fast-forward to today. The ubiquitous battery powers everything from watches to electric cars and solar power storage. It is found in satellites and home appliances, rockets and drones.

Electric vehicle batteries : range and MPGe

Batteries have had several key limitations, such as how long they hold a charge, how much power they can deliver on demand and how many charge cycles they can sustain. Let’s dive into one of the most recognizable battery applications, powering Tesla’s line of electric vehicles , known as EVs, and focus on range and how it compares to traditional mpg of gas-powered autos.

Tesla’s first production model car when introduced, the Roadster, had a battery capable of 200 miles per charge. Within a matter of months, with software updates and battery improvements, the EPA rated it at 244 miles on a single charge with 120 miles-per-gallon-equivalent. A total of 2,450 Roadsters were sold from 2008 through 2012.

The next vehicle, and the first high-volume production auto introduced in July 2012, was the Model S full-size sedan with sales totaling over 120,000 cars to date. The current Model S Long Range Plus has an EPA range of 402 miles and 104 MPGe.

The follow-up to the Model S was the Model X SUV, which began production in earnest in late 2015 with a total production to date of over 75,000. The battery in the Long Range Plus version has an EPA range of 351 miles with 94 MPGe.

Next up is Tesla’s Model 3, the most successful electric vehicle in history with more than 350,000 cars sold since its debut in 2017. It has an EPA rated range of 402 miles with 104 MPGe.

The Million Mile battery

Now the game-changer. Tesla has announced a battery upgrade that signals the death-knell for the internal combustion engine. Tesla worked with a Chinese battery company, CATL, to create (and patent) a battery design that can last for 1.24 million miles and a minimum of 16 years of lifespan. Compare that to current automakers with car battery warranties covering 60,000-150,000 miles for 3 to 8 years.

CATL is not prohibited from supplying the new battery to other EV manufacturers, which is a typical Elon Musk move who, in 2014, famously made all Tesla patents available to use. Elon’s goal is to shift the world away from fossil fuel use and to stay ahead of everyone else by out-innovating them.

Why are internal combustion engine vehicles now obsolete?

The most expensive part of an EV is the battery. The threshold for an EV to be price comparable with its non-EV competitors is to get a battery costing under $100 per kilowatt hour. We have now reached that milestone.

Larger batteries allow EV’s to go much further on a single charge, and this new battery should provide EVs with average ranges of 400 to 500 miles or more to start. This takes care of range limitations.

Larger batteries also allow for substantially faster charging. To get to a full charge on any EV battery, the first 50% charges up quickly, while the second half takes much longer. Larger batteries mean the first 50% provides more storage capacity which charges up quickly. Industry pundits expect the million-mile battery to charge up to 250 to 350 miles of range in as fast as 10 minutes.

An auto built to last

Tesla’s drive units and bodies for their mass-production models, such as the Model 3, were designed to last a million miles. Add the new million-mile battery and you have an EV as the first truly multi-generational auto, one that your grandkids will still be able to drive. EVs have a fraction of the moving parts that an internal combustion engine vehicle has, which makes EV’s orders of magnitude more reliable and longer lasting. EV batteries — for example, the ones used by Tesla’s Model S — currently last only 1,000 to 2,000 discharge cycles (a cycle is charging 0% to 100%), which is roughly 300,000 to 500,000 miles. The new million-mile battery is expected to hold more than 90% charge after 4,000 cycles. The average American driver clocks 13,476 miles a year. That translates to roughly 74 years of EV battery usage to reach a million miles.

The bottom line

Our current battle with COVID-19 did have one positive side effect, a drastic reduction in greenhouse gas emissions. China alone experienced a 25% reduction in carbon emissions and 50% reduction in nitrogen oxides emissions. Worldwide, daily carbon emissions during the lockdown in early April fell by 17% and could lead to an annual carbon emissions decline of up to 7%.

The tipping point for EVs vs. internal combustion engine vehicles is here. The dramatic cost reduction in solar, wind and hydro energy combined with EVs priced at or below internal combustion engine autos will finally lead to the world dumping its dependence on fossil fuels for power and transportation.

Technology advances will continue to drive down the cost of EVs, and solar/wind/hydro will do the same to electricity. Dump your gas-guzzling auto now for an electric vehicle before everyone figures out its value is about to plummet to scrap metal.

Source: https://www.bendbulletin.com/business/edge-of-tech-why-a-million-mile-electric-vehicle-battery-heralds-the-death-of-internal/article_93f30254-bbd9-11ea-ad91-5355268e1856.html

Empower Clinics $CBDT.ca – 5 positive testimonials on medical marijuana benefits from real patients $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 4:30 PM on Monday, July 6th, 2020

SPONSOR:

Why Empower Clinics

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

—————————

5 positive testimonials on medical marijuana benefits from real patients

By: Pearce Thompson

We’d like to shine a light on a few patients in this article, to share their insights and experiences on how medical marijuana has benefited them throughout their illness. Please take the time to read through the list of 5 testimonials from real patients who have had positive outcomes from using the herb for their treatments.

If you want to view the history of medical marijuana referenced above, click here. If you want a timeline of the history of medical marijuana use in Canada, click here.

#1 Rebecca Swell an advocate of medical marijuana

When Rebecca was 10 years old she was diagnosed with Complex Regional Pain Syndrome, this condition comes from damage to the nervous system and causes extreme pain. Rebecca was forced into a walker or wheelchair from a young age, and when spinal cord stimulation and morphine didn’t work, she tried medical marijuana. Rebecca now needs no walking support, no morphine, and is an advocate of medical marijuana.

#2 Charlotte Figgi (Charlotte’s Web)

The story of Charlotte Figgi is more well known than most. Charlotte was diagnosed with a rare form of epilepsy at a young age and at 5 she experienced close to 300 mal seizures per week. The condition was so bad the doctor put her in a medically induced coma. In the first week of trying cannabis oil, Charlotte had no seizures. The strain created for her has no psychoactive effects and was renamed “Charlotte’s Web“.

#3 Ashley Surin

Ashly was diagnosed with Acute Lymphoblastic Leukemia, a type of cancer that affects white blood cells which makes it harder to fight infections. Ashley was also prone to seizures and her family moved to cannabis oil to aid this. The oil proved effective and is still used by Ashley to this day.

#4 Walter Rodlund

Walter Rodlund is from Fargo, ND and at the age 81 he enjoyed spending time outdoors his entire life. At this time he was diagnosed with Chronic Obstructive Pulmonary Disease, which decreased his lung capacity. With this condition, Walter could no longer enjoy the outdoors. His daughter recommended cannabis oil, Walter tried, Walter liked, Walter enjoys the outdoors again.

5. Beyla Pagano benefitted a lot by taking medical marijuana

From birth, Beyla had a large amount of cerebrospinal fluid built up in her brain. This caused seizures and doctors believed she would never walk or talk. The prescriptions given to her always put her in a drowsy state, so her family tried medical marijuana. The cannabis oil immediately improved her state, Beyla can walk, talk, and has seizures less frequently.

Digital Health #Mhealth Funding Shatters Funding Records Despite #COVID Economy – SPONSOR: CardioComm Solutions $EKG.ca $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 3:40 PM on Monday, July 6th, 2020

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

Digital Health Funding Shatters Funding Records Despite COVID Economy

  • Despite COVID-19, digital health funding shattered all previous venture capital funding records for the sector by raising $6.3 billion in the first half of the year (1H), according to Mercom Capital Group.
  • The Austin, TX-based firm reported that the digital health funding in 1H was 24% higher than the $5.1 billion the space raised in the first half of 2019, despite the pandemic disrupting the economy

By: Amanda Pedersen

Despite COVID-19, digital health funding shattered all previous venture capital funding records for the sector by raising $6.3 billion in the first half of the year (1H), according to Mercom Capital Group.

The Austin, TX-based firm reported that the digital health funding in 1H was 24% higher than the $5.1 billion the space raised in the first half of 2019, despite the pandemic disrupting the economy. Mercom Capital Group is previewewed this data in advance of its upcoming 1H Digital Health Funding and M&A Report, which is expected to be published July 13.

Interestingly enough, venture funding reached $2.8 billion during the second quarter of 2020, an 11% decrease year-over-year compared to $3.1 billion raised in Q2 2019. Healthcare practice-centric digital health companies received 34% of the funding in Q2 2020, raising $947 million in 56 deals, and consumer-centric digital health companies accounted for 66% of the funding, raising $1.8 billion in 105 deals.

“Adoption of digital health technologies and products have accelerated since the COVID-19 outbreak, which is reflected in the funding spike in the first half of the year. Telehealth hype has been backed by $2 billion in venture funding with no signs of slowing down,” said Raj Prabhu, CEO of Mercom Capital Group.

This confirms what MD+DI has previously reported regarding telemedicine trends that emerged during the early days of the pandemic.

Other categories that received significant funding during the second quarter include mHealth apps, analytics, wellness, and medical imaging, Mercom reported.

The top-funded digital health categories in 1H 2020 were: telehealth with $1.9 billion, followed by analytics with $826 million, mHealth apps with $794 million, clinical decision support with $545 million, healthcare service booking with $326, and wearable sensors with $321 million.

The top telehealth VC deals in 1H 2020 included: $194 million raised by Amwell (formerly American Well), $155 million raised by KRY, $144 million raised by Zhiyun Health, $100 million raised by Mindstrong, and $93 million raised by Virta Health. Telehealth funding was distributed in 85 companies during 1H 2020.

The top overall digital health VC deals in 1H 2020 included: $285 million raised by ClassPass, $250 million raised by Alto Pharmacy, $194 million raised by Amwell, $155 million raised by KRY, and $150 million raised by Concerto HealthAI. Digital Health funding was distributed in 27 different countries in 1H 2020.

Mercom Capital Group is a global communications and consulting firm that produces funding and market intelligence reports covering a variety of “cleantech” sectors.

Source: https://www.mddionline.com/digital-health/digital-health-funding-shatters-funding-records-despite-covid-economy

MedX Health $MDX.ca has tons of upside, says Beacon Securities $DMTK $ICAD $PLSE $SRTS

Posted by AGORACOM-JC at 9:38 AM on Monday, July 6th, 2020
Home - MedX Health

By Jayson MacLean

Beacon Securities analyst Doug Cooper thinks the market has so far ignored a series of recent game-changing announcements by medical technology company MedX Health (MedX Health Stock Quote, Chart, News TSXV:MDX).

That scenario, said Cooper in a June 16 update to clients, makes for a prime investment opportunity.

Mississauga, Ontario-based MedX Health is developing non-invasive and cost-effective skin analysis and assessment systems for use by medical professionals. The company’s DermSecure telemedicine platform uses its SIAscopy technology which allows for images to be uploaded and sent to dermatologists for review.

MedX is now through its R&D phase with regulatory approval in 35 countries and has started commercialization.

MedX announced on Monday signing an exclusive distribution agreement to launch SIAscopy on DermSecure in Mexico through what it calls “an aggressive ease-of-access skin scanning/assessment program throughout Mexico” with partner company MedX Mexico.

MedX Mexico said it will be seeking regulatory approval, which it expects will come within the next 60 days, and then commence commercial sales.

According to the company, the opportunity in Mexico is significant, with skin cancer being a very common type of cancer in the country and with MedX’s already-established relationships there.

“MedX Mexico has experience in marketing medical devices and health solutions in the Mexican market, as well as a strong connections with hospitals, major pharmacies and medical clinics which will be a great benefit as it enters into this large market, and we are delighted to be partnering with them,” said Scott Spearn, who, as just announced on Thursday, will be stepping down immediately from the roles of president and CEO of MedX due to family reasons.

On the Mexico deal, Cooper called it, “just the latest in a series of game changing announcements from the company.”

“Yet the stock has yet to react, which we believe creates excellent opportunity for investors. Over the past few months, it has announced new distribution relationships, the imminent commencement of a pharmacy trial in Canada and the closing of a $3.3 million private placement that provided the company with necessary growth capital,” Cooper wrote.

Cooper argued that with its medical device and platform MedX is filling an unmet medical need, where on a global scale melanoma continues to be mis-diagnosed and patients have long wait times to see a dermatologist, a problem as melanoma, if untreated, can become life threatening in as little as six weeks through spread to other parts of the body.

The analyst noted MedX’s Mexican announcement comes on the heels of its exclusive distribution partnership in Brazil (also with a significant skin cancer problem, Cooper says), while on the home front, Cooper said,

“We believe MedX is about to start a trial with a high profile pharmacy chain in Canada. Given the success of the ‘proof of concept’ trial with Boots Pharmacy in Norway, we believe this will not only be successful but will also increase the company’s exposure in the investment community,” Cooper wrote.

The analyst also said he thinks MedX is continuing meaningful conversations with potential partners in the United States and Europe, while also noting there could be an expansion in market opportunity to other conditions such as rosacea, acne and eczema.

Source: https://www.cantechletter.com/2020/06/medx-health-has-tons-of-upside-says-beacon-securities/

Plethora Precious Metals Fund Reports Equity Interest in Labrador Gold Corp. $LAB.ca $RIO.ca $WHM.ca $SIC.ca $NXS.ca $NVO.ca

Posted by AGORACOM at 10:29 AM on Thursday, July 2nd, 2020
http://blog.agoracom.com/wp-content/uploads/2020/03/LAB-square-logo.png
  • Plethora now owns 13.92% of LabGold

Stichting Depositary Plethora Precious Metals Fund (“Plethora”) announces that on June 26, 2020 it acquired 1,100,000 Units (hereinafter defined) of Labrador Gold Corp. (the “Company”) at $0.175 per Unit pursuant to a private placement for gross proceeds of $192,500 (the “Acquisition”). Each “Unit” acquired consists of one common share in the Company (a “Share”) and one common share purchase warrant in the Company (a “Warrant”). Each Warrant entitles the holder thereof to acquire one Share for $0.30 until June 25, 2022.

Prior to this Acquisition, Plethora owned or controlled 8,579,000 Shares and 1,500,000 common share purchase warrants representing 16.12% of the Company’s issued and outstanding Shares on a partially diluted basis. On an undiluted basis, Plethora’s ownership before the Acquisition represented 14.05% of the Company’s issued and outstanding Shares. Following the Acquisition, Plethora now owns or controls an aggregate 9,679,000 Shares, and 2,600,000 common share purchase warrants, representing 13.92% of the issued and outstanding Shares on a partially diluted basis. On an undiluted basis, Plethora’s ownership after the Acquisition represents 11.31% of the Company’s issued and outstanding Shares.

In satisfaction of the requirements of National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, an early warning report respecting the acquisition of securities by Plethora will be filed under the Company’s SEDAR Profile at www.sedar.com.

Plethora acquired the Units for investment purposes only, and depending on market and other conditions, Plethora may from time to time in the future increase or decrease their ownership, control or direction over securities of the Company, through market transactions, private agreements, or otherwise.

Plethora is incorporated under the laws of the Netherlands and its head office is located at Prins Hendriklaan 26, 1075HD, Amsterdam, Netherlands. The principal business of Plethora is a Management Fund.

For information, please contact:

Douwe van Hees- Fund Manager
Prins Hendriklaan 26
1075HD, Amsterdam
Netherlands
Phone: +3 16 14 51 46 92

About Labrador Gold:

Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in the Americas.

In early March 2020, Labrador Gold acquired the option to earn a 100% interest in the Kingsway project in the Gander area of Newfoundland. The property is along strike to the northeast of New Found Gold’s discovery of 92.86 g/t Au over 19.0 metres on their Queensway property. (Note that mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property). The two licenses comprising the Kingsway project cover approximately 16km of the Appleton fault zone which is associated with gold occurrences in the region, including the New Found Gold discovery. Historical work over the area covered by the Kingsway licenses shows evidence of gold in till, vegetation, soil, stream sediments, lake sediments and float. Infrastructure in the area is excellent located just 18km from the town of Gander with road access to the project, nearby electricity and abundant local water.

The Hopedale property covers much of the Florence Lake greenstone belt that stretches over 60 km. The belt is typical of greenstone belts around the world but has been underexplored by comparison. Initial work by Labrador Gold during 2017 show gold anomalies in soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 kilometres along the southern section of the greenstone belt (see news release dated January 25th 2018 for more details).

The Ashuanipi gold project is located just 35 km from the historical iron ore mining community of Schefferville, which is linked by rail to the port of Sept Iles, Quebec in the south. The claim blocks cover large lake sediment gold anomalies that, with the exception of local prospecting, have not seen a systematic modern day exploration program. Results of the 2017 reconnaissance exploration program following up the lake sediment anomalies show gold anomalies in soils and lake sediments over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and over a 14 kilometre long by 2 to 4 kilometre wide east-west trend. The anomalies appear to be broadly associated with magnetic highs and do not show any correlation with specific rock types on a regional scale (see news release dated January 18th 2018). This suggests a possible structural control on the localization of the gold anomalies. Historical work 30 km north on the Quebec side led to gold intersections of up to 2.23 grams per tonne (g/t) Au over 19.55 metres (not true width) (Source: IOS Services Geoscientifiques, 2012, Exploration and geological reconnaissance work in the Goodwood River Area, Sheffor Project, Summer Field Season 2011). Gold in both areas appears to be associated with similar rock types.

Durango Resources $DGO.ca Begins Exploration at Windfall Lake $BTR.ca $OSK.ca $SII.ca $TLG.ca

Posted by AGORACOM at 10:01 AM on Thursday, July 2nd, 2020
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  • Durango Resources Inc.’s exploration team has arrived on site at Windfall Lake, Quebec.
  • Preparing drill pads for upcoming summer drill program

The work crew has been tasked with preparing the site for the upcoming summer drill program by way of creating drill pads and clearing access to the areas of interest. As previously announced on April 4, 2019, Durango has identified 15 drill targets for the Trove Property to test favourable IP signatures that coincide with geochemistry anomalies including gold found in till samples.

The exploration team will also be mapping and collecting additional till and rock samples on the East Barry Block in an area of interest along the contact of instrusives and volcanics. Till sampling conducted in 2018 and 2019, identified a 5km trend which we are eager to investigate and identify the source for future drill targets.

Marcy Kiesman, chief executive officer of Durango, stated: “I am excited to finally get our exploration team moving at Windfall Lake. I want to thank our shareholders for their patience this year as we navigated the challenges of closures and increased regulations due to COVID19. We look forward to a busy summer exploring and drilling in the Windfall gold camp adjacent to Osisko with great hopes for success for our shareholders.”

The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101. The property has not yet been subject to an NI-43-101 report.

Trove, Quebec

Durango owns 100% interest in the Trove claims, which are surrounded by Osisko Mining Inc., in the Windfall Lake area between Val d’Or and Chibougamau, Quebec. The 1,185 hectare property is compelling due to the coincidence of gold found in tills coinciding with magnetic highs, several Induced Polarization (“IP”) anomalies and two faults crosscutting the property. The fault systems north and south of the Trove, control gold mineralization elsewhere, indicating the Trove has excellent exploration potential. Durango received all the final drill permits for the Trove property in September 2019 and is undergoing its final reviewing process for the proposed 3,000m drill program.

East Barry, Quebec

Durango owns 100% interest in the East Barry claims which run parallel to Trove claims. The East Barry block is over 6,100 hectares in size and borders the eastern perimeter of Osisko’s holdings and the southern perimeter of Bonterra’s holdings and is less than 4km south of the Gladiator deposit. The East Barry claims host a gold trend which covers approximately 10km in length and is subparallel to the main Barry Fault held by Osisko. In 2018 a till sampling program was conducted and one of the till samples returned fourty-two (42) pristine gold grains with reported gold values of 2.184 g/t Au. A high count of pristine gold grains indicates that the gold has travelled a very short distance from its source. The East Barry block underwent an Induced Polarization (“IP”) survey in 2018 which identified a high priority target coincident with the high count of pristine gold grains.

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.