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Durango Resources $DGO.ca Welcomes Julie Lemieux to its Board of Directors $BTR.ca $OSK.ca $SII.ca $TLG.ca

Posted by AGORACOM at 10:03 AM on Monday, June 29th, 2020

Vancouver, BC – TheNewswire – June 29, 2020 – Durango Resources Inc. (TSXV:DGO) (Frankfurt-86A1) (OTC:ATOXF), (the “Company” or “Durango“) is pleased to announce the appointment of Ms. Julie Lemieux to its board of directors.

Ms. Lemieux has over 25 years of experience in team leadership, project management, business development and continuous improvement strategy implementation. A graduate from Laval University, Julie holds a Bachelor of Science in Geomatics.

Most recently, Ms. Lemieux has worked as a senior consultant for Planifika Inc., a consulting firm specializing in helping companies develop an asset management mindset based on the Institute of Asset Management principles and ISO 55001 standards. She is also the Vice President of North American Operations for EXMceuticals Inc., an emerging player in the international medical cannabis industry in Europe. Previously Ms. Lemieux managed strategic projects, including working with the Metis Nation of Alberta and its regions through Indigenous consultation, support, and advice on environmental services aligned with community concerns and values.

Marcy Kiesman, Durango CEO stated, “We very excited to have Julie join our team as she brings a wealth of experience to our Board. As a French Canadian, she is familiar with many aspects of mining as she has worked in industry, for government and with First Nation groups. We are particularly impressed with Julie’s extensive financial network in eastern Canada, especially given our plans for an exploration program in Quebec this year. We are confident that having Julie on our team will enhance the sophistication of our Board and shareholder base and will also help us strengthen shareholder communication during this exciting time for our company.”

Durango has granted 1,100,000 options to purchase common shares of the Company at an exercise price of $0.10 per share for a period of five years to its directors and officers and consultants as per its 10% TSX rolling plan. Of this amount, Ms. Lemieux was granted an option to purchase 250,000 common shares.

ABOUT DURANGO RESOURCES

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.

FORWARD-LOOKING STATEMENT

This press release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the Company’s limited operating history and history of losses, the inability to successfully obtain funding, general market conditions and such other risks that could cause the actual results to differ materially from those contained in the Company’s projections or forward-looking statements. All forward looking statements in this press release are based on information available to the Company as of the date hereof, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

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

Marcy Kiesman, CEO

Telephone: 604.428.2900 or 604.339.2243

Email: [email protected]

Website: www.durangoresourcesinc.com

CLIENT FEATURE: Accelerating Gold Market Pushing American Creek To New Highs $AMK.ca $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca $ESK.ca

Posted by AGORACOM at 10:59 AM on Friday, June 26th, 2020
  • American Creek has broken out technically and is at a 52 week high
  • Has not seen this price since 2011
  • Gold Bull Market accelerating toward $1900 driving AMK
  • Third Drill onsite accelerating drilling production at Treaty Creek
  • World Classs Asset being developed
  • Located next to the world’s largest undeveloped gold deposit by reserves in B.C.’s  Golden Triangle (KSM)  
  • 2020 Drill Holes have already been shipped to the lab for assays.  

American Creek has a Fully Carried 20% Interest in the Treaty Creek Project 

  • The currently known length of the northeast axis of the Goldstorm system is 850 meters and the southeast axis is 600 meters by 700m depth. 
  • Mineralization depth in the north continues to 1,200m
  • The system remains open in both directions and in depth  
  • The total size of this mighty gold system has expanded significantly with each step-out borehole  
  • The richest mineralization at ‘Treaty Creek’ starts near the surface extending to a 300m depth
  • The gold system is open on all sides and the geology and geophysics indicate a much larger system than has been defined.  

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have “free rides”. 

World Classs 2019 Drill Results:

  • Drill hole GS19-42: 0.849 g / t Gold Eq over 780 meters including 1.275 g / t Gold Eq over 370.5 meters in the 300 Horizon section;  
  • Hole GS19-47: 0.697 g / t Gold Eq over 1,081.5 meters including 0.867 g / t Gold Eq over 301.5 meters in the 300 Horizon section;  
  • Drill hole GS19-52: 0.783 g / t gold Eq over 601.5 meters incl. 1.062 g / t gold over 336.0 meters in the 300 Horizon section;  
  • Hole GS19-48: 0.793 g / t Gold Eq over 927.0 meters;  
  • Hole GS19-49: 0.800 g / t gold Eq over 826.5 meters including 1.080 g / t gold over 249 meters;  
  • Hole GS19-50: 0.681 g / t Gold Eq over 577.5 meters; Hole CB-18-39: 1,086 g / t Gold Eq over 563.8 meters 

Proximity to KSM:

  • Seabridge Gold is the adjacent neighbor to Tudor Gold’s Treaty Creek project and plans to bring the “KSM project” into production with an initial cost of capital of $5.4 billion est.
  • Tudor’s Treaty Creek project is significantly closer to key infrastructure such as highway and electricity than its neighbor Seabridge Gold.
    • Lower capital costs to build a mine at Treaty Creek is advantageous over SEA.

About American Creek

American Creek is a Canadian junior mineral exploration company with a strong portfolio of gold and silver properties in British Columbia. Three of those properties are located in the prolific “Golden Triangle”; the Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter Storm as well as the 100% owned past producing Dunwell Mine.

  • For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com

Gold and Silver Penny Stocks Could Be the Next Robinhood Trader Obsession SPONSOR: Labrador Gold $LAB.ca $RIO.ca $WHM.ca $SIC.ca $NXS.ca $NVO.ca

Posted by AGORACOM at 9:28 AM on Friday, June 26th, 2020

SPONSOR: Labrador Gold – Two successful gold explorers lead the way in the Labrador gold rush targeting the under-explored gold potential of the province. Exploration has already outlined district scale gold on two projects, including a 40km strike length of the Florence Lake greenstone belt, one of two greenstone belts covered by the Hopedale Project. Recently acquired 14km of the potential extension of the new discovery by New Found Gold’s Queensway project to the south. Click Here for More Info

This image has an empty alt attribute; its file name is MW-HL158_indian_20190611035537_ZQ.jpg
“Fortune and Glory Kid”

Providing our call of the day is Crescat Capital’s global macro analyst Otavio ‘Tavi’ Costa, who thinks we’re in the early stages of a major bull market for precious metals as a noncorrelated macro asset class. That is good news for one unloved group of stocks.

“Wait until the Robinhood traders learn about the gold and silver penny stocks, that’s where we’re long,” Costa told MarketWatch. He was referring to a low-cost trading app that has lured a flood of new investors, who have lately won some bets on beaten-down stocks.

“The mining space has been in sort of a recession since the 2011 peak of gold and silver prices. The capital in the space has dried up significantly. I think that now with the macro and fundamentals aligning with technicals on the long-term side, I’ve never seen such a good setup for an industry like precious metals,” said Costa.

Costa says they have been taking friendly activist stakes in some “junior explorer” miners with prolific projects.” Crescat created a fund devoted to mining companies a year ago because the sector was so beaten-down.

https://www.youtube.com/watch?time_continue=6&v=IMeJrGBFiLw&feature=emb_logo

Miners are divided into juniors GDXJ, +0.79% that focus on hunts for precious metal deposits, and senior miners GDX, +0.63% that have big developed mining operations

He said the large-cap mining space has started to improve a bit, and thinks investors will move from there onto the bottom part of the industry.

The overall market cap of the precious-metals industry represents less than 1% of the overall market cap of the equity market as a whole, said Costa. It is best placed to benefit from factors such as a virus-driven depressed economic picture, historically high U.S. equity valuations, fiat money printing globally and suppressed long-term rates, to name a few.

“The metals prices should be rising significantly and capital will start to pour into the industry in general, and I think that’s going to be a big change in terms of margins and fundamentals of those businesses,” said Costa. The mining sector is trading at five to 10 times free cash flow — a measure of company’s operating expenses and capital spending — versus any tech-sector industry that trades at 20 to 70 times sales.

“There are no fundamental reasons in which we’re going to see organic growth in the economy, and that brings you back to the situation of the government. It’s already broke and deficits will only increase going forward…it will force the Fed to continue stimulus going forward. That creates and an environment for gold,” and all those miners, he said. Read more on his thoughts here.

SOURCE:https://www.marketwatch.com/story/gold-and-silver-penny-stocks-could-be-the-next-robinhood-trader-obsession-says-this-portfolio-manager-2020-06-25?mod=mw_latestnews

Hollister Biosciences Inc. $HOLL.ca and Allied Corp. sign Definitive Agreement for Distribution of Products Under Veteran Based Brand: Tactical Relief™ $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca $FAF.ca

Posted by AGORACOM-JC at 7:12 AM on Friday, June 26th, 2020
  • Announced definitive agreement with Allied Corp. to manufacture and distribute throughout California products targeted at veterans and first responders under the brand Tactical Relief ™
  • The first products to be manufactured will feature products that are recognized for their medicinal properties in the treatment of Post Traumatic Stress Disorder (PTSD)

VANCOUVER, British Columbia, June 26, 2020 — Hollister Biosciences Inc. (CSE: HOLL, FRANKFURT: HOB) (the “Company” or “Hollister”) is pleased to announce that further to the press release dated February 7th, 2020, through it’s subsidiary, Hollister Cannabis Co.  has on June 22nd, 2020 signed a definitive agreement (the “Agreement”) to bring to market with Allied Corp. (“Allied”) a pipeline of products that are targeted towards helping veterans and first responders. These products will be brought to market under the brand Tactical Relief™, a veteran-founded hemp-based CBD oil brand owned by Allied Corp. (OTCQB: ALID).

Branded under Tactical Relief™, the first products to be manufactured will feature products that are recognized for their medicinal properties in the treatment of Post Traumatic Stress Disorder (PTSD). True to Hollister’s mission, the products will be crafted in small, artisanal batches for optimal quality and made from premium California-grown cannabis.

Under the terms of the Agreement, Allied will contribute the Tactical Relief™ brand support including use of trademark, artwork, logos and package design for a series of products. On an ongoing basis, Allied will be financially responsible for all marketing design and support. Hollister will be responsible for all aspects of production and procurement of underlying materials. Hollister will also be responsible for all costs associated with distribution and sales support.  All production of cannabis products will take place under Hollister’s supervision and licenses. Allied and Hollister will further explore the development and marketing of additional products, as well as expanding into additional regions within the United States over the coming years.

The new Tactical Relief™ products will be distributed exclusively by Hollister’s distribution partner, Indus Holdings Inc. (CSE: INDS), and is anticipated to be in retail locations throughout California within quarter three of 2020. An estimated 5% of net profits from all sales will be donated to charity.  The remaining revenue generated from the sale of the products will be shared 60:40 between Hollister and Allied.

“This partnership is one that unites two powerful companies in the cannabis space with one common mission: to help veterans and first responders change the way they manage PTSD and TBI. This is a huge shift that has to happen nationwide. This partnership is the start of that shift,” said Adam Smith, VP Natural Health at Allied Corp.

Carl Saling, Hollister’s CEO stated: “We are thrilled to be working with Allied Corp. to bring much needed relief to our amazing veterans and 1st responders with PTSD and other ailments. This is a very important mission for Hollister to be able to have a huge impact on our veteran’s lives.”

About the Tactical Relief™  Brand

Led by a Green Beret and trainer of law enforcement, the Tactical Relief™ brand creates, promotes and sells high quality and patriotic CBD oils throughout the country. Allied’s CBD oils are full spectrum and are currently made from the highest quality hemp grown in Kentucky. Adam Smith (VP of Natural Health for Allied Corp.) is a Green Beret with nearly 17 years in service and experienced firsthand how CBD can help veterans and active-duty (military and first responders) ease their physical and mental stress due to post traumatic stress disorder and traumatic brain injury. Tactical Relief™ is on a mission to end the stigma around hemp and cannabis products, and to provide relief to as many service members as possible.

Website: https://tacticalrelief.com/

About Allied Corp.

Allied Corp. is an international medical cannabis production company with a mission to address today’s medical issues with a primary focus on Post Traumatic Stress Disorder in veterans and first responders. Allied helps those who have served by researching, developing and producing targeted cannabinoid health solutions for those who need them. Allied Corp. uses an evidence-informed scientific approach to make this mission possible, through cutting-edge pharmaceutical research and development, innovative plant-based production and unique development of therapeutic products.

For more information on Allied Corp., visit www.allied.health

Investor Relations for Allied:
[email protected]
1-877-255-4337

About Hollister Biosciences Inc.

Hollister Biosciences Inc. is a California based vertically integrated cannabis company with a vision to be the sought-after premium brand portfolio of innovative, high-quality California-grown cannabis and hemp products. Hollister uses a vertically integrated, high margin model, controlling the whole process from manufacture to sales to distribution or seed to shelf. Products from Hollister Cannabis Co. include HashBone, the brand’s premier artisanal hash-infused pre-roll, along with solvent-free bubble hash, pre-packaged flower, pre-rolls, tinctures, vape products, and full-spectrum high CBD pet tinctures. Hollister Cannabis Co. additionally offers white-labeling manufacturing of cannabis products. Our wholly owned California subsidiary Hollister Cannabis Co is the 1st state and locally licensed cannabis company in the city of Hollister, CA birthplace of the “American Biker.”

Website: www.hollistercannabisco.com

HOLLISTER BIOSCIENCES INC.:

Company Contact:

[email protected]
Tel: 604-961-0296

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com

David Beckham Invests in #Esports with London-based Start-up Guild – SPONSOR: Esports Entertainment Group $GMBL $DKNG $PENN $GAN $ESPO $AESE $EGLX.ca $BRAG.ca $FDM.ca

Posted by AGORACOM-JC at 4:34 PM on Thursday, June 25th, 2020

SPONSOR: Esports Entertainment Group (GMBL:NASDAQ) – Millions of people from around the world tune in to watch teams of video game players compete with each other. In first quarter 2020, YouTube reported 1.1 billion hours watched, an increase of 13% when compared to fourth quarter 2019. Wagering on Esports is projected to hit $23 BILLION this year although that number will likely be eclipsed due to the recent pandemic. Esports Entertainment Group is the next generation online gambling company designed for the purpose of facilitating as much of this wagering as possible.  LEARN MORE.

David Beckham Invests in Esports with London-based Start-up Guild

  • Former England soccer captain David Beckham is moving into the virtual world as co-owner of London-based start-up Guild Esports.
  • Guild said in a statement on Thursday that it will launch player academies and run teams in various esports arenas including Rocket League, EA Sports, FIFA and Fortnite.

“We have a vision to set a new standard, supporting these players into the future,” said Beckham, who is also co-owner of Major League Soccer’s Inter Miami.

“We are committed to nurturing and encouraging youth talent through our academy systems and I am looking forward to helping our Guild Esports team grow,” added the 45-year-old.

The Financial Times reported that Beckham was taking a significant minority stake in Guild through DB Ventures, his personal investment vehicle, and would be the second biggest shareholder.

It said Guild Esports was seeking a valuation of around 100 million pounds ($124.42 million) following a 25 million pound fundraising.

“David will be instrumental in helping shape the coaching programme implemented at our academies and we welcome his valuable mentoring as well as the inspiration he gives the younger generation of athletes,” said Guild executive chairman Carleton Curtis.

Esports has enjoyed a boom during the global COVID-19 lockdown.

According to analytics platform Newzoo, the global esports market will generate revenues of $1.1 billion in 2020 and $1.56 billion by 2023.

Source: https://www.news18.com/news/football/david-beckham-invests-in-esports-with-london-based-start-up-guild-2687447.html

Military Invests $27M To Develop New Class Of Psychedelics Drugs SPONSOR: MOTA Ventures $MOTA.ca $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 4:05 PM on Thursday, June 25th, 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

The successful use of controlled substances such as ketamine and psilocybin mushrooms to treat mental health issues like depression and anxiety has ushered in a new era of interest in psychedelic drugs. But for researchers and clinicians eager to expand such therapies, an obvious question remains: Does treatment with psychedelics necessarily require a psychedelic experience?

An international research team hopes to answer that question by researching and developing a new class of drugs that offers the same fast-acting mental health benefits as traditional psychedelics without the disorienting, sometimes uncomfortable effects of a full-blown trip. Funded by $26.9 million from the U.S. Department of Defense’s Defense Advanced Research Projects Agency (DARPA), a new project announced this month “aims to create new medications to effectively and rapidly treat depression, anxiety, and substance abuse without major side effects,” according to a University of North Carolina (UNC) School of Medicine press release.

“Although drugs like ketamine and potentially psilocybin have rapid antidepressant actions, their hallucinogenic, addictive, and disorienting side effects make their clinical use limited,” said Brian L. Roth, a professor of pharmacology at UNC School of Medicine and the research project’s leader. “Our team has developed innovative methods and technologies to overcome these limitations with the goal of creating better medications to treat these neuropsychiatric conditions.”

Research into the possible therapeutic effects of currently illicit drugs such as ketamine, psilocybin, MDMA and others has expanded tremendously during the past decade. Nonprofit groups such as the Multidisciplinary Association for Psychedelic Studies have led the way, with university researchers and drugmakers entering the mix more recently.

In September of last year, Johns Hopkins University announced the launch of the nation’s first-ever psychedelic research center, a $17-million project to study the use of psychedelics to treat conditions such as opioid use disorder, Alzheimer’s disease, depression, anxiety and post-traumatic stress disorder (PTSD).

Government interest in psychedelic drugs has also grown. Also in September, DARPA, a federal agency that exists to support the development of emerging technologies for use by the U.S. military, announced its Focused Pharma program, meant to develop drugs “that work quickly and deliver lasting remedies for conditions such as chronic depression and post-traumatic stress.”

While that DARPA announcement didn’t mention specific substances or even use the word “psychedelics,” it referred to “certain Schedule 1 controlled drugs that engage serotonin receptors” and that have “significant side effects, including hallucination.”

The press release for the new DARPA-funded project, lead by Roth at UNC, mentions ketamine and psilocybin specifically. The team will use both biological modeling and sophisticated computational approaches in an effort to design fast-acting drugs inspired by psychedelics but free from what researchers call “disabling side effects.”

“Depression, anxiety, and substance abuse affect large segments of the population,” Roth said. “Rapidly acting drugs with antidepressant, anti-anxiety, and anti-addictive potential devoid of disabling side effects do not exist, not even as experimental compounds for use in animals. Creating such compounds would change the way we treat millions of people around the world suffering from these serious and life-threatening conditions.”

At DARPA, Dr. Tristan McClure-Begley, Focused Pharma’s program manager, said last fall that the agency’s interest in developing such drugs is due to the country’s large number of veterans with PTSD and other mental health conditions.

“It is research we need to undertake given the scale of the mental health crisis our veterans face,” he said in September, “and if it works, the payoff is a completely new, safe, and effective therapeutic option that transforms complex and previously intractable mental conditions into something more acutely treatable.”

Along with Roth at UNC Chapel Hill, the newly announced research project includes members Georgios Skiniotis and Ron Dror of Stanford University, Jian Jin of Icahn School of Medicine at Mt. Sinai, Brian Shoichet and Nevan Krogan of University of California at San Francisco and William Wetsel of Duke University.

SOURCE: https://www.marijuanamoment.net/military-invests-27m-to-develop-new-class-of-psychedelics-inspired-drugs/

Affinity Metals $AFF.ca Acquires Five New Mineral Properties $MKR.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM at 3:03 PM on Thursday, June 25th, 2020

Vancouver, British Columbia–(Newsfile Corp. – June 25, 2020) – Affinity Metals Corp. (TSXV: AFF) (“the Corporation”) (“Affinity”) is pleased to report that it has acquired, through staking, five new mineral properties. Four of the properties are located near Timmins, Ontario, Canada and the fifth is located near Revelstoke, British Columbia, Canada. The Corporation is currently acquiring more detailed information and history on the properties and provided they continue to be seen as properties of merit will provide further background in a news release and on the Corporation’s website at www.affinity-metals.com.

About Affinity Metals

Affinity is focused on the acquisition, exploration and development of strategic metal deposits within North America. Affinity is following a Project Generator model.

In addition to these recent acquisitions, Affinity is advancing the Regal and West Timmins Gold Projects.

The Regal is located near Revelstoke, British Columbia, Canada in the northern end of the prolific Kootenay Arch and hosts two major geophysical anomalies as well as three past producing mines. Recent drill results included 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 the core is now being logged, split and sampled in preparation for assaying.

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.

CLIENT FEATURE: Eyecarrot Innovations $EYC.ca Creating Faster Brains Through Stronger Eyes $EYPT $KALA

Posted by AGORACOM-JC at 5:45 PM on Wednesday, June 24th, 2020
http://www.smallcapepicenter.com/eyc%20square.png

EYC: TSX-V

Trusted and used by some of the world’s top professional sports teams, including:

Why Eyecarrot?

  • Eyecarrot Has Already Started Commercializing Its Vision Therapy Platform
  • Company’s Vision Therapy Products Used In:
    • Over 1,500 Practices
    • 20 Countries
  • Flagship “Binovi” Is State-Of-The-Art Platform
    • Measures 14 Key Vision Skills
    • Essential For Maximizing Brain Performance
    • Shipped Over 400 Binovi Units (April 2020)
    • Goal Is 2,500 Binovi Units (End Of 2020)
  • Signed Sports Vision Partnership With Eli Wilson Goaltending
    • World Leader In Goaltending Development
    • 600 Active Goaltending Camp Participants
    • 50,000 Global Aspiring Goaltenders
  • Closed Major Financing In Q1 2020
  • Eyecarrot is now well positioned to further commercialize and capitalize on massive demand for Vision Therapy and Training For Athletes and Education

THE MARKET OPPORTUNITY

  • Vision Therapy captures 3% of a $36B Yearly Vision Market today
  • Vision Therapy will grow by 22% this year and account for 4% of the $39B Yearly Market by year end
  • Sights are set on disrupting the sports performance industry in 2020 while receiving engagement from leaders within the human performance – sport performance industry
  • The size of the sports performance market reached a value of nearly $488.5B in 2018, having grown at a compound annual growth rate (CAGR) of 4.3% since 2014
  • Expected to grow at a CAGR of 5.9% to nearly $614.1B by 2022

WATCH OUR RECENT INTERVIEW

Eyecarrot Innovations is an advertising client of AGORA Internet Relations Corp.

The Next Step In The Electric Vehicle Evolution SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 4:03 PM on Wednesday, June 24th, 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

  • The electric vehicle revolution has turned out to be more of an evolution, with the industry making slow and steady progress.
  • Despite this progress, the electric vehicle industry is still yet to turn a profit as a whole.
  • The next major step for the industry is to focus on efficiency and profitability, the two factors that will most impact the EV market share.

Many believe electric vehicles are the only future of road transportation. Equally, many are confident they will never replace internal combustion engines—not entirely, anyway. The so-called EV revolution, with sales of electric cars going through the roof and overtaking the sales of ICE cars, has failed to materialize. What the EV industry has instead been going through has been more stable and reliable: an evolution.

During this evolution, cutting battery costs and extending the range have been the two focal points of the EV industry. Now that there are some reliable results in these two respects, it is time to move to the next level: making EVs profitable.

It might come as a surprise that not all EVs are profitable, given that most EV-related headlines in the mainstream media are dedicated to Tesla, and Tesla continues to surprise the market with robust profits. But industry-wide, EVs have yet to turn in a profit, a new report from Lux Research says.

According to the report, the electric vehicle industry has made significant progress on battery costs and range extension, which has helped boost sales. Now, Lux Research analysts say, it is time to focus on efficiency to drive profitability, which would eventually make EVs more popular than ICE engine cars. This, the analysts say, should happen around 2035 or 2040, when plug-in hybrids and battery electric vehicles are expected to account for over half of all car sales.

“Currently, BEVs are more expensive and less convenient to use than their non-electric counterparts, but technology will continue to close this gap,” the lead author of the report, Christopher Robinson said. “We expect to see efficiency front and center as the next major focus of BEV design, with automakers either downsizing packs to increase profitability or offering more range.”

Naturally, the conclusions from the study are not based on research of every single EV that is on the global market. They are based on a representative sample of models, but, Robinson notes, there is a substantial difference between models in terms of profitability.

“Profitability in making electric vehicles ranges significantly between manufacturers. Tesla is likely the most profitable electric vehicle manufacturer with average gross margins around 20% on its vehicles,” the study’s lead author said. “However, that’s not the case for most as GM reported it still loses money on each Chevy Bolt it sells and has been hesitant to ramp up production. As incumbent manufacturers increase production capacity, we do expect profitability to improve through increased volumes of shared parts between models and advancements in batteries, motors, and other electronics in the powertrain.”

And then there are subsidies. Scorned by libertarians as a taxpayer-burdening crutch for industries that should be able to stand on their own two feet, subsidies for electric vehicles will remain in place for the observable future, at least in Europe and China, two of the world’s largest EV markets.

China recently said it would extend EV subsidies for two years, although it had planned to scrap them this year. It will gradually reduce them by 10 percent this year, 20 percent next year, and 30 percent in 2022, but it will keep them in place to stimulate more EV sales. Beijing has a target of 25 percent of all car sales to be EVs.

Meanwhile, Germany and France are even raising their EV subsidies to drive more purchases. These purchases are a big part of their green recovery plan, and in France, they are a big part of the revival of the local car industry, which has already invested heavily in electric vehicle manufacturing capabilities.

Sales of EVs this year will be affected by the pandemic, as will all car sales. BloombergNEF projects an 18-percent decline in EV sales this year but notes long-term demand remains strong.

Still, two more obstacles remain on the road to making EVs the dominant form of road transportation, and Lux Research analysts accurately call them range anxiety and charge time trauma. The reference to mental issues is not accidental. Besides their price, an inherent mistrust of EVs is a big reason why they are not a more common sight on roads and streets around the world.

Resolving these issues will take time, and they cannot be rushed, unless carmakers start handing out free EVs. After all, EVs are not an improvement on the ICE technology the way digital cameras were an improvement on analog ones. EVs are an alternative technology whose main advantage is that it does not emit noxious gases.

There are certainly many people concerned about the environment enough to be willing to spend more on a cleaner vehicle. Yet those who would rather keep their old truck, noxious gases and all, than buy an electric version and worry about charging times and ranges all the time are many more. These are the people whom the EV industry needs to convince that their product is reliable and won’t leave them stranded at a charging station in the middle of nowhere for hours.

By Irina Slav for Oilprice.com

Source:https://oilprice.com/Energy/Energy-General/The-Next-Step-In-The-Electric-Vehicle-Evolution.html

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  • The remedial potential of psilocybin has helped open the doors to a new world of potential treatments and psychedelic therapies.

Psilocybin and a number of similar psychoactive compounds have begun to show potential as medical therapies. 

Psychedelic therapies including psilocybin, MDMA and other psychoactive compounds are slowly beginning to show medical potential as therapies designed to treat mental health concerns. Following the developmental model that saw cannabis rise from an illicit narcotic to a recognized form of medicine in a growing number of jurisdictions around the world, these psychedelic therapies may have the potential to provide significant medical benefits, especially for those suffering from mental health conditions such as post-traumatic stress disorder (PTSD), addiction issues or other ailments.

Psychedelic treatments, including psilocybin, gaining medical acceptance

In North America, a number of leading medical and academic institutions have already begun to explore the potential of psychedelic therapies. For example, in 2017 the US Food and Drug Administration (FDA) granted its “Breakthrough Therapy Designation” to MDMA for the treatment of PTSD. In 2019, 15 sites enrolled subjects in an FDA-regulated Phase 3 clinical trial of MDMA-assisted psychotherapy for PTSD.

According to MAPS, the FDA’s Breakthrough Therapy Designation is intended for drugs that may have the potential to treat a serious or life-threatening disease or condition and preliminary clinical evidence indicates the drugs could demonstrate substantial improvement over existing therapies. Like the US FDA, Health Canada has embraced the medical potential of psychedelic therapies. The Canadian regulatory authority has provided psychedelic therapy company Numinus (TSXV:NUMI) with an updated licence under the Controlled Drug and Substances Act to allow Numinus researchers to standardize the extraction of psilocybin from mushrooms.

Under the company’s existing licence, Numinus is authorized to test, possess, buy and sell MDMA, psilocybin, psilocin, DMT and mescaline. Moving forward, the company intends to pursue the potential benefits of psychedelic therapies through the research, development and distribution of these substances. “We are excited about the future of psychedelics, and our focus will solely be on its therapeutic use,” said Numinus CEO Payton Nyquvest. “Psychedelics will only move forward in a therapeutic and research context, where the application of these substances will only happen in safe, controlled treatment environments. Numinus has these pieces in place today.”

In order to bolster the company’s research and development plans, Numinus has signed a pair of medical experts in Dr. Evan Wood and Dr. Gabor Maté. Dr. Wood, a substance abuse expert with over 20 years of experience, is the Chief Medical Officer at Numinus, while Dr. Gabor Maté, a prominent physician and mental health advocate, is expected to inform the Numinus Clinical Advisory Council as a member. “Dr. Wood and Dr. Gabor Maté offer exceptional insights into the challenges of mental health and substance abuse, which complements our goals and mission at Numinus,” said Nyquvest.

Research and investment in psilocybin

The initial progress made in the world of psychedelic therapies has begun to reflect many of the early steps made by the cannabis industry on the path to acceptance. Across North America, the regulation of cannabis for strictly medical uses has often predated legal recreational use.

Recognizing the parallels in these emerging industries, a number of companies in the psychedelic therapy space are working with experts from the cannabis industry in order to educate the public and develop safe and consistent treatment options. There are many similarities between the medical cannabis market and the emerging medical psychedelic market; however, the nature of psychedelics involves a much more stringent set of regulations in order to ensure patients receive a treatment tailored to their unique condition. By working with regulators like Health Canada, companies such as Numinus have an opportunity to support the emerging field of psychedelic-assisted therapy and research by establishing safe and standardized dosages and delivery methods.

Future psychedelic therapy research

The challenging nature of mental health conditions such as PTSD, addiction, depression, anxiety and many others has caused neuroscientists to consider new therapies as well. In 2019 John Hopkins Medicine announced the launch of the Center for Psychedelic and Consciousness Research, a research facility focused on the study of compounds including LSD and psilocybin as a means of treating a variety of mental health concerns including anorexia, addiction and depression.

With US$17 million in funding, the center is working to move the field of psychedelic therapies forward while targeting a number of specific conditions. “It’s been hand-to-mouth in this field, and now we have the core funding and infrastructure to really advance psychedelic science in a way that hasn’t been done before,” said Roland Griffiths, the director of the center at Johns Hopkins. “The one that’s crying out to be done is for opiate-use disorder, and we also plan to look at that.”

Takeaway

Leading health authorities in both Canada and the United States have recognized the potential medical benefits of a number of psychedelic compounds. Through medical licensing agreements and research partnerships, both public and private institutions are slowly beginning to pinpoint the medical conditions that could most benefit from psychedelic therapies. As this research continues to improve our medical understanding of psychedelics, there is potential for new therapies to emerge with direct applications for a number of mental health concerns.

SOURCE: https://investingnews.com/innspired/medical-psilocybin-mushroom-market/