Posted by AGORACOM-JC
at 9:11 AM on Thursday, November 21st, 2019
If you are a small cap CEO, Director or Investor Relations Officer in North America, my 23 minute interview with James Black of the Canadian Securities Exchange (CSE) is the most important podcast you will listen to in 2019. Not because I am the guest but because of what I have to say.
Why does what I say matter? AGORACOM surpassed 600 million page views this year, we’re averaging over 4.5M views per month on Twitter and we’ve served over 300 clients. As such, the powerful information in this podcast comes from a deep understanding of both social media, why small cap companies are failing at it and what the serious implications are of that failure.
Make no mistake about it, this isn’t some generic social media discussion. James and I go deep and I hit hard because that is what good friends do. I’m sounding the alarm because of the massive implications if I don’t.
The good news is that, if you are not an AGORACOM client, you can turn this ship around but you have to do it now and that can only be done by understanding why small caps are failing today.
I suggest that your entire management team listens to it and discusses it. Then let’s have a call to discuss what can be done.
The beauty of this audio format is you can listen to it at work or in your car / subway to and from work. I’ve done the hard work presenting this powerful information, all you have to do is press play.
Thank-you and I look forward to discussing this with you and potentially working together in 2020. Our cashless and fully compliant shares for services program should make the decision an easy one.
Posted by AGORACOM-JC
at 1:48 PM on Wednesday, November 20th, 2019
SPONSOR: NORTHBUD (NBUD:CSE)
Sustainable low cost, high quality cannabinoid production and
procurement focusing on both bio-pharmaceutical development and
Cannabinoid Infused Products. Learn More.
Open letter to Ottawa: This one small detail is hindering the cannabis industry’s success
The excise stamp on a package of cannabis. Industry leaders say
these stamps unique to every province and territory are making it more
expensive to produce, package and ship cannabis to individual markets.Darren Brown/Postmedia
The devil is in the details. It’s a common but important refrain. It
reminds us how even the smallest facets of plans, processes and
situations can derail large-scale efforts.
Such is the case facing Canada’s cannabis industry. The federal government currently requires
that all cannabis products carry excise stamps — proof the appropriate
taxes have been paid by the licensed producer — like those attached to
tobacco packaging. These stamps are also unique to each province and
territory.
Excise stamps have been a source of ongoing frustration since legalization
For such a small item, the stamp significantly complicates the
business of providing legal cannabis to law-abiding consumers. In
addition, excise stamps hinder the flow of legal cannabis across the
country, leading to costly supply issues for both governments and
consumers.
Excise stamps have been a source of ongoing frustration since
legalization. The logistics of applying these stamps has resulted in unnecessary product delays. Likewise, when the industry is criticized
for excessive packaging, it’s often the result of complying with
federal cannabis packaging requirements, which include
provincial/territorial excise stamps.
Logistics aside, the stamps hinder the industry’s long-term success.
Requiring producers to use province/territory-specific excise stamps
impedes the flow of product across the country. Aside from the
complexity of per-province labelling, product that does not sell in one
region cannot easily be transported to another province where demand may
be higher. The labelling requirement removes licensed producers’
ability to respond in real time to changing demand, adds unnecessary
complexity to product forecasting, and means jurisdictions and retailers
face completely preventable product shortages. And when consumers can’t
find what they want in the legal market, they turn to the unregulated
market.
The administrative and production burdens of the stamp also mean that
it’s more expensive to produce, package and ship cannabis to individual
markets. This means it’s substantially tougher for legal producers and
retailers to compete, particularly with respect to price, with the
illegal cannabis market, which shoulders absolutely none of the costs
imposed on the legal system. One of the primary goals of cannabis
legalization was to compete with and thereby eliminate the unregulated
market for cannabis. So why do we insist on requirements like a unique
provincial/territorial excise stamp that prevents that competition?
The current system isn’t working because it ignores both business and market realities
No one is objecting to industry regulation. Licensed producers have
complied with regulatory requirements related to production,
distribution and promotion of the product — and have made the financial
investments necessary to do so. Province- and territory-specific excise
stamps, however, are costly and unnecessary when one national excise
stamp would do. Especially in such a new industry, where the efficiency
of the manufacturing process is paramount, it is not only
counter-intuitive but also counter-productive to continue the practice.
The current system isn’t working because it ignores both business and
market realities. We’re not the first industry to come to this
realization. In fact, Canada’s alcohol industry moved away from
province/territory-specific excise stamps years ago, after delivering
its own regulatory impact analysis and successfully arguing the benefits
of an alternative approach.
As an industry, we have heard consistently from both public and
private retailers across Canada that the current system of unique stamps
offers them little to no value. At least one territory has indicated it
has asked the Canada Revenue Agency to allow it to use product excise
stamps for another province in order to increase its ability to access
additional supply. More importantly, CRA has indicated a willingness to
work with the industry on a redesign of the excise stamp. That’s
progress.
If we are wholly committed to the goals of a thriving industry, we
need to alleviate the logistical, financial and environmental burden of
monitoring these products while successfully competing with the
unregulated market. We can do so in a way that is effective, safe, and
benefits the industry as well as Canadian consumers. It’s time to excise
multiple excise stamps and move, instead, to a national one.
Terry Booth, CEO, Aurora; Adine Carter, Chief Marketing Officer,
Tilray; Nav Dhaliwal, CEO, The Supreme Cannabis Company; Greg Engel,
CEO, Organigram; Torsten Kuenzlen, CEO, Sundial Growers; Csaba Reider,
President, The Green Organic Dutchman; Irwin Simon, Interim CEO and
Board Chair, Aphria; Sebastien St-Louis, President & CEO, HEXO; Mark
Zekulin, CEO, Canopy Growth Corporation. The authors are members of the
Cannabis Council of Canada, the national industry association
representing the legal cannabis sector.
Posted by AGORACOM
at 10:48 AM on Wednesday, November 20th, 2019
Labrador Gold is aggressively pursuing the under explored gold potential of Labrador.
2 large, separate, under-explored land packages that demonstrate potential for district scale gold discoveries.
Two successful gold explorers lead the way in the Labrador gold rush: Shawn Ryan and Roger Moss.
2 Key Exploration Properties: Hopedale and Ashuanipi
Hopedale:
The Hopedale property covers much of the Hunt River and Florence Lake
greenstone belts that stretch over 80 km. The belts are typical of
greenstone belts around the world but have 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). Labrador Gold now controls approximately 57km strike
length of the Florence Lake Greenstone Belt.
Ashuanipi:
Two district scale gold anomalies outlined by soil and lake sediment survey: 15x3km north south anomaly and a 14 x 3km east west anomaly
2018 Soil Sampling identified: 164 samples with over 50 ppb gold, 67 samples over 100 ppb (0.1g/t) gold and a high of 8,973 ppb (8.97 g/t) Au
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.
Posted by AGORACOM-JC
at 5:10 PM on Tuesday, November 19th, 2019
Empower Clinics JV Could Generate $US 30,000,000 In Annual Revenue From CBD Extraction … But It Doesn’t End There
With 165,000 patients, Empower Clinics (CBDT:CSE) (EPWCF:OTCQB) has a database that almost every medical cannabis and CBD company would kill for. Add in the fact it is now on a ~ $USD 4,000,000 annualized revenue run rate for 2019 and it becomes the kind of company small cap investors have been dying to find as they watch pretender companies melt away.
But it doesn’t end there.
The Company’s latest Q3 financials show that Empower is in full growth mode, with substantial increases in revenue and patient visits, as well as, big reductions in expenses. Moreover, Company CEO Steven McAuley says growth will continue full steam ahead in Q4, Q1 and beyond.
But it doesn’t end there.Â
CBD extraction has been a key element of the company’s vertical integration. Producing its’ own hemp-derived CBD products for its own massive patient list just makes sense. However, thanks to an LOI (moving towards definitive agreement) to JV with extraction experts Heritage Cannabis, the Company’s 5,000 sq ft facility in Oregon is also planning to serve big brand 3rd party partners in the USA . Empower brings the infrastructure, Heritage brings the expertise and balance sheet. The result is a match made in shareholder heaven with initial annual capacity of 6,000 Kg at ~ $US 5,000 per Kg, which adds up to $US 30,000,000 in potential revenue.
We emphasize potential  because nobody has started selling anything yet but the facility is expected to begin producing soon. However, with a built in patient database and talks already having commenced for white label products, Empower is on its way. Moreover, “potential” cuts both ways, with capacity capable of increasing 2x – 3x without much trouble given the size of the facility. Â
Can Empower successfully execute its extraction plan? It’s a legitimate question, with a blow away answer.. The Company’s new CEO, Steven McAuley, who replaced the previous management team in January, is Six Sigma certified under the quality initiative of legendary GE chairman Jack Welch. We’ve never seen a Six Sigma certified CEO in the Canadian small cap markets. Never …. which also explains how McAuley has brought Empower to such heights in just 11 months.
The cannabis market is currently throwing away babies with the bathwater – but just as the dot-com crash brought us massive riches through Web 2.0 companies that were REAL, investors need to start looking for the REAL companies that will survive and thrive. With 165,000 patients, rapidly increasing revenues, a franchise plan to grow clinics across America and a vertical integration CBD extraction strategy to tie them all together, Empower Clinics may be such a company. Â
Grab your favourite beverage and settle in to watch what may be your next great small cap investment.
Posted by AGORACOM
at 4:10 PM on Tuesday, November 19th, 2019
SPONSOR: Lomiko Metals LMR:TSX-V – A Canadian exploration-stage company discovered high-grade graphite at its La Loutre Property in Quebec and is working toward a Pre-Economic Assessment (PEA) that will increase its current indicated resource of 4.1 Mt of 6.5% Cg to over 10 Mt of 10%+ Cg through a 21 hole program at the Refractory Zone. Click Here For More Information
The Smartroad Gotland project will today install the first section of
the world’s first wireless electric road system (ERS) for trucks and
buses on public roads. ERS supports electric power transfer to vehicle
while in motion and have great potential to decarbonize the transport
sector and to increase energy efficiency with a reduced need of
batteries. Smartroad Gotland is supported and funded by the Swedish Road
Administration and is led by ElectReon AB, a Swedish subsidiary of the
Israeli company ElectReon Wireless. The goal of the project is to prove
that ElectReon’s technology is ready for commercialization and to
provide decision makers with knowledge necessary for large-scale ERS
deployment.
Wireless ERS is based on coils installed below the road surface and
transfer energy to a receiver that can be mounted on all types of
electric vehicles such as trucks, buses, vans, and passenger cars,
enabling them to charge on the go and use minimal batteries.
The installation deployment process is simple: a 10 cm deep trench is
created in the middle of the road lane in which copper coils embedded
in rubber are placed and then the road is repaved with asphalt.
Representatives from several countries are present on Gotland to
evaluate the process as they consider a future deployment of the
technology.
The Smartroad Gotland project will start operations early 2020 with
an electric truck and trailer. Before the summer the electric road will
also charge and power an electric bus. Throughout the three year long
project, the system performance and user experiences will be evaluated
together with RISE Research Institute of Sweden.
ElectReon has developed a unique technological design with a high
efficiency suitable for both dynamic and static charing. The solution
also includes a real-time communication system to ensure safety, access
control, and energy metering, and which also can support autonomous
vehicles. Thereby, the solution offers a smart and cost effective way of
enabling a transition towards electric road transportation without any
visual impacts or need for mechanical contact and heavy maintenance.
“Today marks a very important milestone based on thorough
preparations and a very dedicated team. A preparatory session was
conducted on the ElectReon test site in Israel a month ago to train the
team before this first deployment on public roads. I am glad that we are
progressing according to plan and are now ready for Swedish climate and
conditions.†– Håkan Sundelin, Project Manager, Smartroad Gotland
“We are very excited to deploy our technology for a real world
application for the first time after proving that it is fully functional
in our test site. As part of the process we are also shifting to mass
production of our coils on the way to full commercialization of our
technology.†– Oren Ezer, CEO, ElectReon Wireless
“We believe this technology has potential to become a standard for
roads in the future, and we want to use our skills to take it there. NCC
has experience from other ERS solutions that will benefit the
construction of the smart road in Gotland. The technology has shown
impressive results already.†– Stefan Hörnfeldt, affärschef eRoad, NCC
Infrastructure
How it works
The system consists of three key elements; the Coil transferring
energy to a Receiver on the vehicle and a Management Unit connected to
the grid controlling the process. The Management Unit is connected to
the electric grid and transfer energy to copper coils buried 8 cm below
the lane when a valid vehicle is exactly above. The energy is wirelessly
transferred from the coil to a receiver mounted underneath the vehicle.
The system makes sure only valid vehicles receives energy and keeps
track of how much in order to bill the right customer. A passenger car
needs one receiver and a 40-ton truck would use five, but utilizing the
same infrastructure.
Partners of the Smartroad Gotland project
Caverion, Dan transport, Eitech, Electreon AB, Flygbussarna, GEAB,
Gotland GPe Circuit AB, Gotlands Bilfrakt, Hutchinson, Matters Group,
Eksjö Maskin & Truck, Region Gotland, NCC, OSAB, RISE, Science Park
Gotland, Swedavia, Trafikverket, World Ecological Forum.
Posted by AGORACOM-JC
at 8:59 AM on Tuesday, November 19th, 2019
Signed a definitive asset purchase agreement to acquire all assets of Nevada Botanical Science, Inc.
Transaction valued at USD$7.5Â million
NBS currently operates a 5,000 sq. ft. indoor cultivation facility and has been approved for expansion of up to 60,000 sq. ft of greenhouse space.
Property also includes an operating extraction facility and licensed and approved commercial kitchen.
This infrastructure is capable of manufacturing and bottling beverages and edibles and is currently used by NBS for both white label and branded product manufacturing.
TORONTO, Nov. 19, 2019 — North Bud Farms Inc. (CSE: NBUD) (OTCQB: NOBDF) (“NORTHBUD” or the “Company”) is pleased to announce that Bonfire Brands USA, a wholly owned subsidiary of NORTHBUD, has signed a definitive asset purchase agreement to acquire all assets of Nevada Botanical Science, Inc. (“NBSâ€) (see June 25, 2019 press release) in a transaction valued at USD$7.5 million.
Nevada Botanical Science (NBS) is located in Reno, Nevada. NBS holds
Nevada State medical and adult use licenses for cultivation, extraction
and distribution. NBS operates an integrated cannabis operation located
on 3.2 acres of land within the Reno green zone industrial park. NBS
currently operates a 5,000 sq. ft. indoor cultivation facility and has
been approved for expansion of up to 60,000 sq. ft of greenhouse space.
The property also includes an operating extraction facility and licensed
and approved commercial kitchen. This infrastructure is capable of
manufacturing and bottling beverages and edibles and is currently used
by NBS for both white label and branded product manufacturing. Operated
by healthcare professionals, NBS has been primarily focused on the
Nevada State medical cannabis market. NBS currently manufactures and
sells award winning (Jack Herer Cup 2018) topical pain creams, balms and
lotions under the Trichomic medical brand.
This past year NBS launched a trial release of cannabis infused
cocktails under the brand “Happiest Hourâ€. Collaborating with local
craft beverage manufactures NBS released a variety of beverages
including Margarita, Pina Colada, Bloody Mary, Long Island Ice Tea and
Lemonade to select retailers in the state. To date retailer adoption and
reordering has been 100% and based on customer feedback, NBS will
increase production and distribution including additional retailers in
Las Vegas in 2020. NBS has also finished a successful trial launch of
its energy shot 1oz beverage containing 25mg of THC and 50mg of
Caffeine. The Company plans to run a second branded trial in early 2020.
Over the past three months NBS and NORTHBUD have been working together
in preparation for the release of NORTHBUD branded dried flower products
in Q4 2019 and a variety of infused and non-infused pre rolls.
“Subject to the finalizing of the previously announced acquisition of
the Qlora Group in California, the Company plans to establish a unified
product manufacturing and distribution platform within these two
important states,†said Justin Braune, President of Bonfire Brands USA.
“The license classes in California and Nevada allow for identical
activities and the Company has been in negotiation with multiple
potential JV partners who wish to leverage this unique platform. Being
one of the few multi state operators with operations in both states will
allow us to offer turnkey solutions to prospective partners moving
forward.â€
Transaction Terms
The transaction (the “Transactionâ€) is structured as an asset
purchase agreement whereby in exchange for the purchase of all of the
securities and assets of NBS, NORTHBUD is paying a total of
USD$7,500,000 as follows:
Cash payment of USD$500,000 (paid in full);
Approximately USD$1 million in convertible shares of Bonfire Brands USA (6,500,000 “convertible sharesâ€); and
A USD$6,000,000 interest bearing promissory note.
The convertible shares may be exchanged on a 1-1 basis with common
shares of NBUD at the discretion of the shareholder. At the time of
signing, the converted value of these securities was equal to
USD$1,000,000. All applicable U.S. and Canadian regulatory holds shall
apply upon conversion.
As per the terms of the agreement NBS will allocate pro rated
ownership of assets in NBS and all associated licenses to Bonfire Brands
USA throughout the re-payment period, subject to state approval.
Bonfire Brands and NBS have agreed to an operations and management
arrangement allowing Bonfire to assume operational control, begin
integration and driving revenue immediately.
“The NORTHBUD and Bonfire Brands USA team are extremely proud to have
finalized this agreement making the state of Nevada our strategic entry
point into the U.S. legal cannabis market,†said Ryan Brown, CEO of
NORTHBUD. “We are equally proud of the structure of the deal and how it
minimizes shareholder dilution while allowing our team to begin
integration and operations with a focus on immediate revenue growth in
one of the most sought-after adult use markets in North America. Our
team has been looking at acquisitions in Nevada for over two years
before finding the right fit. The Nevada market is considered one of
the largest and most profitable in North America with recreational sales
of USD$580 million in the first full year of legalization* (2017 Nevada
Dept. of Taxation).â€
The securities of the Company have not been and will not be
registered under the United States Securities Act of 1933, as amended
(the “U.S. Securities Actâ€) or any state securities
laws. Accordingly, the securities of the Company may not be offered or
sold within the United States unless registered under the U.S.
Securities Act and applicable state securities laws or pursuant to an
exemption from the registration requirements of the U.S. Securities Act
and applicable state securities laws. This news release does not
constitute an offer to sell or a solicitation of an offer to buy any of
the securities of the Company in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
The Transaction is a significant acquisition but will not result in a
“Fundamental Change†pursuant to the policies of the CSE. NORTHBUD will
be preparing the necessary corporate and securities filings in order to
secure the required approvals for the Transaction.
The parties have agreed to pay USD$187,500 in broker/finder fees to
arm’s length parties on a prorated basis connection with the closing of
the Transaction.
The closing of the Transaction is conditional on the receipt by the
parties of applicable corporate and regulatory approvals, including that
of the CSE.
About Nevada Botanical Science, Inc.
Founded by a group of northern Nevada physicians and healthcare
professionals who believe in the promise of medical cannabis, Nevada
Botanical Science has developed a world class cannabis production,
research and development facility in Reno’s Washoe County. Its work and
commitment are fully in compliance with the Hippocratic Oath as well as
Nevada statute. Nevada Botanical Science is dedicated to ensuring the
highest measure of safety, governance and stewardship for its patients,
employees and the community it serves.
North Bud Farms Inc., through its wholly owned subsidiary GrowPros
MMP Inc., is pursuing a licence under The Cannabis Act. The Company has
built a state-of-the-art purpose-built cannabis production facility
located on 135 acres of Agricultural Land in Low, Quebec, Canada.
NORTHBUD through its wholly owned U.S. subsidiary, Bonfire Brands USA
has acquired Nevada Botanical Science, Inc. a world class cannabis
production, research and development facility with 5,000 sq. ft. of
indoor cultivation in Reno’s Washoe County. Nevada Botanical Science
holds medical and adult use licenses for cultivation, extraction and
distribution. Bonfire Brands USA has entered into an agreement to
acquire assets in Salinas, California.
Neither the Canadian Securities Exchange (the “CSEâ€) nor its
Regulation Services Provider (as that term is defined in the policies of
the CSE) accepts responsibility for the adequacy or accuracy of this
release.
Forward-looking statements Certain statements and
information included in this press release that, to the extent they are
not historical fact, constitute forward-looking information or
statements (collectively, “forward-looking statementsâ€) within the
meaning of applicable securities legislation. Forward-looking
statements, including those identified by the expressions “anticipateâ€,
“believeâ€, “planâ€, “estimateâ€, “expectâ€, “intendâ€, “mayâ€, “should†and
similar expressions to the extent they relate to the Company or its
management. This press release contains forward- looking statements
including those relating to the entering into of the Definitive
Agreement and closing of the Transaction with Nevada Botanical Science,
Inc. Forward-looking statements are based on the reasonable assumptions,
estimates, analysis and opinions of management made in light of its
experience and its perception of trends, current conditions and expected
developments, as well as other factors that management believes to be
relevant and reasonable in the circumstances at the date that such
statements are made, but which may prove to be incorrect.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially from any
future results, performance or achievements expressed or implied by the
forward-looking statements. Such risks and uncertainties include,
among others, the risk factors included in the Company’s final long form
prospectus dated August 21, 2018, which is available under the
Company’s SEDAR profile at www.sedar.com.
Accordingly, readers should not place undue reliance on any such
forward-looking statements. Further, any forward-looking statement
speaks only as of the date on which such statement is made. New factors
emerge from time to time, and it is not possible for the Company’s
management to predict all of such factors and to assess in advance the
impact of each such factor on the Company’s business or the extent to
which any factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements. The Company does not undertake any obligation to update any
forward-looking statements to reflect information, events, results,
circumstances or otherwise after the date hereof or to reflect the
occurrence of unanticipated events, except as required by law including
securities laws. This news release does not constitute an offer to sell
or a solicitation of any offer to buy any securities of the Company.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT: North Bud Farms Inc. Edward Miller VP, IR & Communications Office: (855) 628-3420 ext. 3 [email protected]
Posted by AGORACOM-JC
at 5:37 PM on Monday, November 18th, 2019
SPONSOR: NORTHBUD (NBUD:CSE)
Sustainable low cost, high quality cannabinoid production and
procurement focusing on both bio-pharmaceutical development and
Cannabinoid Infused Products. Learn More.
THC-infused edibles and CBD-infused edibles
When cannabis is ingested, the THC is metabolized by the liver
With edibles coming to brick-and-mortar shops in mid-December, users are looking to get high without the smoke.
But when choosing edibles, users will want to pay attention to
whether the product has CBD or THC, two compounds with very different
effects.
CBD
CBD, the non-psychoactive component within cannabis has been widely
touted for its medical benefits to help people with, among other
conditions, chronic pain. The World Health Organization (WHO) reports
CBD is not physically addictive.
By comparing those administered doses of active CBD to those given as
a placebo, researchers said that “while the number of studies is
limited, the evidence from well-controlled human experimental research
indicates that CBD is not associated with abuse potential.â€
CBD leads to slower effects that aren’t psychoactive in
nature — meaning they aren’t the effects you see portrayed in pop
culture.
The effects from CBD will be tame and mellow compared to its
psychoactive opposite, THC. Most medical cannabis includes CBD rather
than THC, with CBD already available in capsule form in legal stores.
THC
When most people think of cannabis’ effects, they think of THC. Many
of the new cannabis products slated to enter stores in mid-December will
focus on THC.
When cannabis is ingested, the THC is metabolized by the liver,
transforming itself into 11-hydroxy-THC. This metabolite is up to four
times faster in crossing the blood-brain barrier than average THC, and
is why edibles are associated with intense, vivid and longer-lasting
experiences.
THC normally gets pointed at as the compound that creates the potential for withdrawal symptoms among some heavy users.
An evidence brief compiled by the Canadian Public Health Association (CPHA) states that “cannabis is addictive, though not everyone who uses it will develop an addiction.â€
While using cannabis oil or edibles with THC, users may get addicted
or experience habit-formation. Products that only include CBD don’t
appear to become addictive.
Posted by AGORACOM
at 12:25 PM on Monday, November 18th, 2019
VERT: v –
Vertical Exploration and Venturevest Realty Partners LLC have signed a non- binding Letter of Intent (LOI) to enter into discussions regarding a secured Note Facility up to a maximum amount of $20 million CAD to support the multi-phased development of the St-Onge Wollastonite Deposit.
A staged credit facility allowing Vertical to move forward with four distinct phases of St-Onge development, first establishing the initial quarry style permitting and production phase through to the mining and final processing plant stage.
What is Wollastonite?
Wollastonite is a chemically simple mineral named in honor of English mineralogist and chemist Sir W.H. Wollaston (1766–1828). It is composed of calcium (Ca) and silicon and oxygen (SiO2, silica) with the chemical formula CaSiO3. Although much wollastonite is relatively pure CaSiO3, it can contain some iron, magnesium, manganese, aluminum, potassium, sodium, or strontium substituting for calcium in the mineral structure. Pure wollastonite is bright white; the type and amount of impurities can produce gray, cream, brown, pale-green, or red colors.
Wollastonite’s Many Uses
Cannabis Research:
Wollastonite has already many well-known benefits in agriculture
Testing in a controlled way for the use in the cannabis industry.
Possibly the first in the industry to do trials.
Engaged AGRINOVA for Wollastonite Research and Development
Entered into a
Distribution Agreement with AREV Brands, where Vertical will supply its
St-Onge wollastonite to AREV for direct distribution to both small-scale
craft growing operations and potentially larger-scale Health Canada
approved companies directly involved in growing and processing cannabis
and hemp.
Testing of Vertical’s St-Onge wollastonite on a range of important agricultural end uses will also be conducted
Became a member of the International Fertilizer Industry Association
(IFA), as part of its ongoing efforts to promote and strategically
market it’s world-class St-Onge wollastonite to a range of potential
end-users.
Major Demand in Ceramics Industry:
Combination of high brightness and low gas release of Wollastonite when heated creates demand
Brilliant whiteness of importance to coatings and filler markets
Wollasatonite applications are endless
An industrial mineral comprised
chemically of calcium, silicon and oxygen. Its molecular formula is
CaSiO3 and its theoretical composition consists of 48.28% CaO and 51.72%
SiO2.
St. Onge Wollastonite Deposit 2019
Twenty-three (23) drill holes totaling 1,784.0 metres were completed
Twenty (20) drill holes intersected high-grade wollastonite zones,
confirming excellent continuity and correlation with the thickly
mineralized zones intersected by previously reported historical drill
holes.
Sixteen (16) drill holes intersected high-grade wollastonite zones
right up until the end of the hole, which are all open at depth.
A total of 1,107.5 meters of high-grade wollastonite mineralized
core length was intersected, representing approximately 62% of all
drilled core length.
Posted by AGORACOM
at 12:15 PM on Monday, November 18th, 2019
Has now completed the drilling portion of the 2019 Regal exploration
program at the Regal property, 1,846 meters of diamond drilling was
completed in 21 holes.
22 samples collected from the Black Jacket and Allco areas of the
Regal property located approximately 35 km northeast of Revelstoke, BC.
The majority contained bonanza grade silver, zinc, and lead with many samples reaching assay over-limits.
Further assaying of over-limits has been initiated, results will be reported once received.
Property History & Background
The property hosts numerous mineral occurrences including the following past-producing mines:
Snowflake and Regal Silver (Stannex/Woolsey) Mines
The Snowflake and Regal Silver mines were two former producing mines
that operated intermittently during the period 1936-1953. The last
significant work on the property took place from 1967-1970, when Stannex
Minerals completed 2,450 meters of underground development work and a
feasibility study, but did not restart mining operations. In 1982,
reported reserves were 590,703 tonnes grading 71.6 grams per tonne
silver, 2.66 per cent lead, 1.26 per cent zinc, 1.1 per cent copper,
0.13 per cent tin and 0.015 per cent tungsten (Minfile No. 082N 004 –
Prospectus, Gunsteel Resources Inc., April 29, 1986). It should be noted
that the above resource and grades, although believed to be reliable,
were prepared prior to the adoption of NI43-101 and are not compliant
with current standards set out therein for calculating mineral resources
or reserves.
ALLCO Silver Mine
The Allco Silver Mine is situated 6.35 Kilometers northwest of the
above described Snowflake/Regal Mine(s) and is also part of the Affinity
claim group.
The Allco Silver Mine operated from 1936-1937 and produced 213 tonnes
of concentrates containing 11 troy ounces of gold (1.55 g/t), 11,211
troy ounces of silver (1,637 g/t) and 173,159 lbs of lead (36.9%).
Airborne Geophysics to Guide Future Exploration
An extensive airborne geophysics survey conducted by Geotech Ltd of
Aurora, Ontario, for Northaven Resources Corp. in 2011, identified four
well defined high potential linear targets correlating with the same
structural orientation as the Allco, Snowflake and Regal Silver mines.
Northaven also reported that the mineralogy and structural orientation
of the Allco, Snowflake and Regal Silver appeared to be similar to that
of Huakan’s J&L gold project located to the north, and on a similar
geophysical trend line. The J&L is reportedly now one of western
Canada’s largest undeveloped gold mineral resources.
After completing the airborne survey, Northaven failed in financing
their company and conducting further exploration on the property and
subsequently forfeited the claims without any of the follow up work ever
being completed. Affinity Metals is in the fortunate position of
benefitting from this significant and promising geophysics data and
associated targets.
The aforementioned Northaven airborne geophysical survey conducted at
a cost of $319,458.95 in August of 2011 is described in The BC Ministry
of Energy, Mines and Petroleum Resources Assessment Report #33054. The
results of the survey are competently explained and illustrated by
professionals on You Tube at: https://www.youtube.com/watch?v=GX431eBY_t0
FULL DISCLOSURE: Affinity Metals is an advertising client of AGORA Internet Relations Corp
Posted by AGORACOM
at 11:28 AM on Monday, November 18th, 2019
A 3D Induced Polarization (IP) geophysical survey on its Tabasquena project in Zacatecas, Mexico has outlined a significant continuous chargeability anomaly.
This anomaly now has an east-west width of approximately 400 to 500 metres and an apparent strike length of over 1000 metres.
The anomaly remains open to the north and to the south and at depth.
Drilling to commence once the IP survey has been completed.
The
chargeability anomaly is approximately 250 metres below historical
mining and was designed for 500 to 550 metres of vertical depth
investigation.
The IP data also clearly shows that the large polarisable body/target
is apparently quickly deepening northward and getting closer to surface
southward. The IP anomaly starts at around 100 metres below the past
drill hole intersections that contained widespread gold and silver
mineralization in epithermal veins.
Tabasquena
Previous drilling found a network of veins with widespread gold and silver mineralization.
The
first phase geophysical survey revealed a large chargeability anomaly
right below these veins and is getting nearer to the surface as it
trends south.
Geophysical advisor described the anomaly as ‘quite remarkable in its size and continuity.
Advance is in a region with very large mines, including the El Coronel open pit, 12 miles to the south of Tabasquena.
