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Enthusiast Gaming $EGLX.ca – #Esports Are Beginning to Eclipse Traditional Sports $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 12:05 PM on Wednesday, August 7th, 2019

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Esports Are Beginning to Eclipse Traditional Sports

More young people are dreaming of becoming professional gamers than professional athletes

In British Columbia and beyond, esports are booming. Many universities are forming esports teams for games like Overwatch, League of Legends, Rocket League, Counter-Strike, and Dota 2 to compete in collegiate leagues around the world. by Alex Rodriguez

  • In 2018, esports had a total audience size of 380 million, and esports research firm Newzoo predicts that that number will increase to 557 million by 2021.
  • As a result, an increasing number of large brands will sponsor events and tournaments, which has lead Newszoo to believe that esports will reach a market value of $1.7 billion USD by 2021, overtaking the revenue generated by rugby.

Last year in 2018, the owner of the Vancouver Canucks acquired an esports team to compete in the Overwatch League, a tournament league officially ran by Blizzard, the developers of Overwatch. This year, teams are competing in the league for a chunk of a $5 million prize pool. Many players competing in the Overwatch Collegiate Championships are scouted by large teams and play in hopes of being signed onto a bigger one. This gives talented players a clear path for graduating from being amateur competitors to professional gamers who can live off of their winnings and sponsorships.

Last year, the Rogers Arena was packed for the 2018 International Dota 2 championships, where 18 teams competed for more than $33 million—the largest prize pool for an esports event in history. Dota 2 is the esport with the largest prize pools in the world, and they are set to beat that record in 2019.

If you think that sounds like a lot of money, this year Fortnight will become the first game to offer a prize pool of $39 million for the Fortnight World Cup in July. With prize pools growing so large, it’s easy to see why gaming as a whole is flourishing. Instead of simply playing for fun, people are now seeing gaming as a possible investment in skills that could win you prizes.

The grand opening of the Gaming Stadium in Richmond on June 28 was a milestone for esports in British Columbia. With its construction came the creation of Canada’s first dedicated esports gaming stadium. 

They host competitive events most days of the week for various video games that either individuals or teams can sign up for. All of their events are broadcasted on Twitch—the leading live streaming platform for gamers and esports events—using great production quality. The Gaming Stadium is sure to cultivate new talent in the community as the local population will be able to go there to practice, socialize, and get a sense of what being an esports player feels like.

In 2018, esports had a total audience size of 380 million, and esports research firm Newzoo predicts that that number will increase to 557 million by 2021. As a result, an increasing number of large brands will sponsor events and tournaments, which has lead Newszoo to believe that esports will reach a market value of $1.7 billion USD by 2021, overtaking the revenue generated by rugby. They also predict that, with the help of esports, the global games market will generate over $180 billion USD.

As the life of a professional gamer continues to look more and more lucrative, it may eventually become more common for parents to push their children towards becoming a digital athlete than it is to involve them in traditional sports.

Source: https://runnermag.ca/2019/08/esports-are-beginning-to-eclipse-traditional-sports/

BetterU Education Corp. $BTRU.ca – #India #Edtech Education Policy Updates After 30 Years: 4 Experts Share What It Really Means $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:13 AM on Wednesday, August 7th, 2019
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India’s Education Policy Updates After 30 Years: 4 Experts Share What It Really Means

by India Development Review (IDR) August 6, 2019, 11:00 am

  • On 31 May 2019, the Ministry of Human Resource Development (MHRD) released a draft of the National Education Policy (NEP).
  • This is the first update to India’s education policy in nearly 30 years, and there has been plenty of debate on the recommendations, and it was open to the public for feedback and suggestions till July 31.

Central Square Foundation’s (CSF) monthly newsletter The EDge asked eminent names from the education sector to share their thoughts on some key aspects of the policy.

1. Ashish Dhawan, Founder and Chairman, Central Square Foundation

Ashish Dhawan. Source: Central Square Foundation

What is your initial response to the draft NEP? If implemented, how do you see the impact of the policy on our education system?

The draft NEP was a long time coming, but it has made some bold and welcome recommendations to shift the focus of the education system towards quality, and improving student learning outcomes. It takes a long-term view in terms of the emphasis on flexibility and skills to ensure that our children are equipped for a rapidly changing job scenario.

When I read it, my immediate thought was that we now have a policy document, even though it’s a draft, that explicitly recognizes that we are currently in a severe learning crisis, and that this crisis starts in the early years. This is significant. If we were to focus and get this one thing right, i.e., ensure all children have foundational literacy and numeracy skills, this in itself would have a tremendous impact on the education system.

What are some of the key steps the government can take for the successful implementation of the policy? How can the policy translate into real action?

The challenge is that current state capacity to deliver quality education is weak, and we do not have the resources to focus on so many things at the same time. My one advice to the government would be that they should almost ruthlessly prioritise–they should first focus on ensuring that all children achieve foundational literacy and numeracy, and then phase in other priorities, as needed.

Separately, I think it’s important to remember that implementation rests with states. The centre’s role is primarily one of catalysing demand for critical reforms with the states, setting broader policy goals, providing funding to states, and so on. The centre cannot be too prescriptive in terms of ‘how’ states need to implement. In fact, it needs to give states the autonomy to choose the most cost-effective pathways, while maintaining accountability for the right outcomes. The centre should also think about enabling states to develop 3-5 year plans, and not annual plans.

What, according to you, are the big misses of the draft NEP, if any?

One of the key concerns with the draft education policy is that like many other policies, it may be attempting to do too much. As a system, we first need to focus on getting the basics right–ensure that all our children achieve foundational literacy and numeracy by class 3. Without this prioritisation, the system will continue to grapple with multiple competing priorities.

We cannot hope to achieve foundational learning for all our children if we don’t measure it correctly. Therefore, one of the biggest areas of reform in this regard, which is not adequately addressed by the policy in its current form, is the need to ensure independent and reliable learning data to measure early grade learning outcomes.

While the NEP does call out regular adaptive assessments, there is a need to have a large-scale, independent, household-based, government-backed assessment, which measures outcomes for children attending public and private schools. This survey must be housed in and administered by an autonomous institution, which is at arm’s length from the delivery ministry, ensuring there is no conflict of interest. This learning data is critical for the government to meaningfully hold the system accountable and keep us honest.

Read CSF’s full interview with Ashish Dhawan, here.

2. Geeta Gandhi Kingdon, Professor, University College London and President, City Montessori School, Lucknow

Geeta Gandhi Kingdon. Source: Central Square Foundation

The NEP refers to the creation of an independent agency to gather and analyse data for the education system. What are crucial data gaps on private schools that the government should strive to fill?

There is hardly any data on private schools because they are rarely included in studies or surveys done by the government. It is as if private school students belong to another country. For example, the National Achievement Survey (NAS) is conducted only in government and aided schools and excludes private unaided schools. We need more information about private schools to get a fuller picture of the education sector.

What do you think of the proposition to separate regulation, provision, and policy-making in the NEP? How do overlapping interests between these functions presently impact private schools?

The idea of separating roles is very good, because if the government performs all the roles–funder, provider, regulator, policy maker, assessor–it leads to many conflicts of interest. However, the NEP does not go far enough because it does not separate funding and provision–the government is both the funder and producer of education, i.e., it runs schools itself.

The NEP does not consider public funding for privately produced education (public-private partnerships). It is a myth that in educationally developed countries, all schools are state-run. Actually, they are only publicly funded, not publicly run. This is an important distinction that many in government are unaware of.

In India, there is an entrenched belief that the government shouldn’t just fund education, it must also produce it (i.e., run the schools)–even when it has struggled to deliver quality. Our main focus should be to ensure that all elementary education is publicly funded, so that parents do not have to pay to send their children to school. But the operation of the schools could be in private hands if they are deemed to be more efficient, i.e., to deliver better child outcomes at lower costs.

The NEP has also proposed the establishment of an independent State School Regulatory Authority (SSRA) for each state, to handle all aspects of school regulation and accreditation. It recommends reducing the burden of over-regulation on private schools, and regulating public and private schools within the same framework/benchmarks. These are welcome proposals. Much depends, however, on how the SSRA will operate. Will it subject public schools to accountability pressures? Will government schools go through a process of recognition like private schools? And will they also be closed down if they do not comply with the norms of the RTE Act? The NEP doesn’t clarify this, leaving open the possibility of the continuation of non-accountable public schools and resultant poor learning outcomes.

Read CSF’s full interview with Geeta Gandhi Kingdon, here.

3. Rukmini Banerji, CEO, Pratham Education Foundation

Rukmini Banerji. Source: Central Square Foundation

The draft NEP includes pre-primary education as part of the ‘foundational stage’ (ages 3-8) and strongly recommends that this stage must be a continuum. Do you agree? How should we approach this?

I welcome the strong focus on the early years. Building strong foundations in the early years allows children to ‘leap forward’. The widespread phenomena of ‘falling behind’ that we see today, happens because the right things are not done at the right time.

The draft policy states that children in the 3-8 year age group should receive a flexible, “play-based, activity-based, and discovery-based” education. However, it is fair to say that the educational establishment in India, including the government bodies at the central, state, and district levels have little or no experience with the preschool age group.

Pre-primary classes are often part of primary schools in the private sector and much of the student intake happens in lower or upper kindergarten. However, research studies show that most activities in these institutions in the early age group are ‘school-like’ and do not provide the flexible, play-based, and developmentally appropriate activities that are suited for supporting the development of young minds. So, despite several years of preschool education, such children are still not ‘ready’ for class 1.

At the same time, the Integrated Child Development Services (ICDS) system run by the Ministry of Women & Child Development (MWCD) is typically overwhelmed by responsibilities in health, immunisation, and nutrition. So, in the anganwadis, early childhood stimulation or development has not received the high priority it needs.

Bringing these two ministries together, all the way from the centre to the states, districts, and villages, will be a huge and challenging task, but one that is certainly worth undertaking. Clear financial calculations will be needed to support this convergence exercise in a sustained way.

One of the objectives the draft NEP states is that every child in grade 5 and beyond should achieve foundational literacy and numeracy – can you talk about some of the specifics with regard to the pedagogical and curricular changes that will be needed to achieve this goal?

According to ASER data, only about 50 percent of class five children are able to read in class 2 (or higher). The other half is spread across several reading levels, starting from not being able to recognise letters to just about coping with simple sentences. This is one of the biggest challenges in primary schools, the wide dispersion of learning levels. The teacher’s daily dilemma is to figure out what to teach and to whom. To complete the curriculum guided by grade-level textbooks, teachers usually choose to focus on the ‘top of the class’, leaving others to catch up on their own. Even the RTE Act prescribes that teachers “must complete entire curriculum within specified time”.

The draft NEP highlights several causes for the learning crisis, including the lack of school readiness, but it doesn’t address the negative consequences of overambitious curricula or the common practice of teaching to the top of the class. The real challenge is, therefore, to schedule ‘catch-up’ routines into the regular school schedule. Given the size, depth, and magnitude of the ‘catch-up’ required, we will need a persistent and high-priority effort for at least five years or more.

The alignment of key elements of the school system such as teacher training, teaching-learning material, ongoing teacher support, mentoring-monitoring, assessment, and course correction towards achieving stated goals is critical. Perhaps this alignment for foundational learning will now be possible, given the overarching direction of the new policy.

Read CSF’s full interview with Rukmini Banerji, here.

4. Sridhar Rajagopalan, President and Chief Learning Officer, Educational Initiatives

Sridhar Rajagopalan. Source: Central Square Foundation

The draft NEP calls for the appropriate integration of technology into all levels of education. What is your initial response to the draft in terms of how it envisions the role of technology in education?

The draft policy mentions India’s unique leadership in the technology space and acknowledges that the right policy and implementation can help India become a global leader in EdTech. Overall, the policy seems to have its heart in the right place, yet many challenges plague the successful implementation of EdTech in our country.

For example, one of the most common issues with all EdTech projects is the disproportionate focus on hardware as compared to the software or content.

One big miss. without a doubt, is that it fails to recognise the role of the private, for-profit players and their international experience. It would have been useful to look into what has been tried already in EdTech and the challenges those efforts faced. While the collective goal should be to strengthen state resources and capacities and help curate high-quality open resources, there should be an effort to learn from the for-profit EdTech players and view them as providers of co-existing and complementing solutions.

Again, for implementation of suggestions made in the policy, do you think we have adequate infrastructure and capacity in our schools and state systems? What could be the challenges in creating that infrastructure and capacity?

The infrastructure and capacity do not exist, but like with anything new, they can be developed over time as these projects expand. However, problems arise if the approach tends to focus more on scaling than on quality. Ironing out all possible issues at the scale of 20-100 schools is very important, and a disproportionate focus at this scale will ensure fewer challenges at a larger scale of say 1,000 or 2,000 schools.

What is important in all this is generating effective assessment solutions and protocols to provide learning feedback. Again, this should be done in a low-stake, quality-focused manner while gradually scaling up and taking key players and partners along.

Read CSF’s full interview with Sridhar Rajagopalan, here.

Source: https://www.thebetterindia.com/190770/national-education-policy-draft-update-recommendation-india/

ThreeD Capital Inc. $IDK.ca – #Facebook $FB #Libra: It’s not the #crypto that’s the issue, it’s the organisation behind it $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:56 AM on Wednesday, August 7th, 2019

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Facebook’s Libra: It’s not the ‘crypto’ that’s the issue, it’s the organisation behind it

by Bill Maurer And Daniel Tischer, The Conversation

The founding partners of the Libra Association. Credit: Ascannio / Shutterstock.com

  • Libra is not a cryptocurrency—at least, not as they have been put into practice so far, where a distributed, decentralised community participates in transaction verification via a competitive process.
  • Libra is essentially a prepaid digital token, backed one-to-one with a basket of reserve currencies. It is “minted” when people put up state-issued currencies to buy it.

In all the hype that has surrounded its Libra currency, Facebook has been able to distract attention away from an important issue. Libra is being hyped as Facebook’s bitcoin but it’s really a proposal for a global payments system. And that system will be controlled by a small and exclusive club of private firms.

Since it was announced in June, politicians and regulators have attacked Libra, citing concerns about its being a cryptocurrency. Libra is not a cryptocurrency—at least, not as they have been put into practice so far, where a distributed, decentralised community participates in transaction verification via a competitive process.

Libra is essentially a prepaid digital token, backed one-to-one with a basket of reserve currencies. It is “minted” when people put up state-issued currencies to buy it.

What’s important here is not the technological innovation. Facebook is proposing, in Libra, a new form of organisation. We already have payment systems controlled by private companies—Visa, MasterCard, Venmo or PayPal, which provide the infrastructure or “rails” for transferring value—and Libra might turn into another such rail. But its promoters have greater ambitions for it.

Based on our research on the history and technology of payment infrastructures, we see similarities between Libra and Visa. But it’s the differences with the Visa network that raise the biggest warning flags.

Learning from Visa

Libra will be controlled and maintained by the Libra Association, a membership-based group. Libra’s developers have voiced a commitment to letting anyone become a member of the association, including users like you and me. The Libra white paper trumpets the importance of decentralisation. But it also admits that, “as of today we do not believe that there is a proven solution that can deliver the scale, stability, and security needed to support billions of people and transactions across the globe” through a truly open, decentralised system.

We believe Libra’s founders got the idea from the work of Visa’s founder, Dee Hock. Hock was heralded as a visionary in his day, like Steve Jobs or Mark Zuckerberg today. He realised that the problem facing payments between banks was not technological, but organisational.

When setting up Visa, it was important for Hock that Visa would not be owned by self-interested shareholders. Instead, it was the users, banks and credit unions, who “owned” Visa as a cooperative membership organisation. Ownership here did not entail the right to sell shares, but an irrevocable right of participation—to jointly decide on the rules of the game and Visa’s future.

The incentive was to create a malleable but durable payment infrastructure from which all members would benefit in the long term. To work, everyone had to give something up—including their own branding on credit cards, subordinating their marks to Visa. This was a really big deal. But Hock convinced the network’s initial members that the payoff would come from the new market in payment services they would create. He was right.

For most of its existence, until it went public in 2016, Visa was an anomalous creature: a for-profit, non-stock corporation based on the principle of self-organisation, embodying both chaos and order. Hock even coined a term for it: “chaordic”.

Libra envisions a similar collaborative organisation among the founding members of its Libra Association. But it turns Hock’s principles upside down. The Libra Association is all about ownership and control by its members as a club.

Big barriers to entry

And the Libra Association is a club with very high barriers to entry. An entity has to invest at least US$10m in Libra or have more than US$1 billion in market value, among other criteria. The initial list of founding members tilts toward groups that have shown strong opposition to government interference and oversight. Tellingly, there are no regulated financial entities—like banks and fund managers—in the mix. The membership represents a self-selecting crème de la crème of global tech and vulture capitalism.

Association membership guarantees a share of future profits proportionate to a member’s stake in the system. Unlike Visa, members do not compete with one another for market share. Instead, they will passively collect rent from interest made on investing in the Libra reserve basket. Plus, profits are not shared with users, and no interest is paid on the balance held by individuals.

Being a club member also affords the right to vote—again, a lot like Visa. But, unlike Visa, Libra gives voting right power based on investment level, not participation. This is not democratic; it is a plutocracy, where the wealthiest rule. And, as profits are linked solely to interest on the association’s reserve funds, those managing it may well become riskier and more speculative over time.

Libra’s white paper outlines an organisation that could become a decentralised, participatory system like Hock envisioned Visa would become. But Libra, if it is successful, will likely become an undemocratic behemoth. Alarm bells ring about a global currency’s de facto governance by a private, exclusive club serving the purposes of its investor-owners, not the public good.

Governments have long been suspicious of private currencies for good reasons, and Libra is no exception. We must not be distracted by its proposed technical complexity, and instead, focus on how this technology is organised, put to work, and how its rewards are distributed. The good news is that Facebook’s play for money may at last prompt politicians to regulate tech giants to curb their impact on and influence over society.

Source: https://techxplore.com/news/2019-08-facebook-libra-crypto-issue-organisation.html

Gold Touches $1500 on Overnight Asian Demand, Signals Change in US Gold Market #It’s Different This Time $AAX.ca $AMK.ca $LAB.ca $GGX.ca $GR.ca

Posted by AGORACOM at 9:53 AM on Wednesday, August 7th, 2019
  • Gold approached 1500 Three times in the overnight session
  • Asian demand tends to be Physical whereas COMEX is a leveraged derivative market
  • Asian Demand could be an unexpected driver and catalyst for transitioning into recognized Bull Market
  • Some caution is warranted as pullbacks are required to help solidify price points
  • COMEX could be relegated as Asia evolves to settle Gold price
  • Emergence of Junior Financing will be further bull confirmation
https://www.kitco.com/commentaries/2019-08-07/images/Bubba87.png
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Lead by Shawn Ryan and Roger Moss, LAB has 2 district scale Gold projects in Labrador that have never seen any modern exploration techniques. Ashuanipi and Hopedale are being systematically explored for gold potential utilizing the same techniques that created the White Gold discoveries.  At Ashuanipi , a 15km long by 2 to 6 km wide north-south trend exists and a second 14 km long by 2 to 4 km wide east-west trend exists. At Hopedale, 2019 exploration has discovered two new mineralized showings.First showing extends potential strike length by approximately 500 metres along strike of the Thurber Dog gold occurrence; Second showing was discovered in the Misery North area

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GGX gold has discovered high grade gold silver and tellurium in the Greenwood-Republic mining camp, British Columbia. The current 2019 drill program follows up on 2018 intercept of high grade gold-silver (129 g/t gold and 1,154 g/t silver over 7.28 meter) from the near surface COD vein which is projected to be 1.5 kms in length. In addition tellurium grades were announced with “up to 3,860 g/t tellurium”, including “823 g/t tellurium over 7.28-meter core length” and “640 g/t tellurium over 6.90-meter core length. 2019 drilling on COD North is currently underway.

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Great Atlantic is situated between Marathon Gold and Sokoman in Canada’s newest emerging gold district. The Company reported a NI 43-101mineral resource estimate for the JMZ in late 2018 on Golden Promise and 2019 is focused on prospecting and geochemical sampling at high priority targets within the property. Planned 24 hole program in the northern half of the property at the gold-bearing Jaclyn Zone, specifically at the Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ).

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Spyder Cannabis $SPDR.ca – Retailers See Promise in #CBD and #Hemp Products $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 9:15 PM on Tuesday, August 6th, 2019

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Retailers See Promise in CBD and Hemp Products

CBD Hemp oil, Doctor holding a bottle of hemp oil, Medical marijuana products including cannabis leaf, cbd and hash oil, alternative medicine

Dennis Mitzner Contributor

Thanks to the passing of the Farm Bill in late 2018 – containing a provision legalizing hemp, a species of non-psychoactive cannabis that CBD can be extracted from – Hemp and CBD are on major retailers’ radar. 

The CBD market is moving towards mainstream retailers and is projected to be over $20 Billion in sales by 2024. Walgreens, Sprout, CVS, Ulta Beauty, GNC Holdings, Urban Outfitters are just a handful of retailers offering or looking to offer, CBD products to consumers.

According to Christina Hartwell from Little Mary and Jane â€the industry is on the verge of moving beyond merely CBD and exploring the full spectrum of Hemp (Cannabis Sativa L).”

The potential of CBD and Hemp products appears to be endless due to newly emerging scientific data.

“The industry is on the verge of moving beyond merely CBD and exploring the full spectrum of Hemp (Cannabis Sativa L). Scientific studies thus far have been somewhat limited due to the stumbling block of THC due to potential adverse side effects and regulations. However, the studies being done on full-spectrum Hemp and the multitude of Cannabinoids in the plant are promising, CBN is beginning to come to the forefront and is potentially more beneficial for treating Insomnia and Anxiety than Isolated CBD,” Hartwell added.

Retailers jumping in

Several retailers for natural supplements are expected to have CBD on their shelves. Dillards Department Store, a chain with a total of approximately 292 stores in 29 states, is beginning to roll out several Hemp Depot while labeled CBD products. Kroger announced in July another 1,000 locations in 22 states where their grocery stores will begin to carry CBD products. 

“Because of the tremendous range of products in which CBD is a fit, we expect to see it on shelves, literally, everywhere. Wholesale order numbers are climbing dramatically, which is one of the first signs of significant market expansion. When we started, we were taking orders for small companies ordering 500 units at a time. Large company orders are projected to reach 100,000+ units in the next 18 months which is going allow wholesalers like Hemp Depot to manufacture products on a larger scale, thereby reducing CBD product prices by the end of 2020 to a forecasted $20 – $30 as with standard vitamin supplements,” said Andy Rodosevich, CEO and Co-Founder of Hemp Depot.

In July, adding to the momentum, Toronto-headquartered Abacus Health Products announced new retail purchase orders from CVS for its line of CBDMEDIC pain relief and skincare products, sold to consumers via retail chains and the company’s e-commerce platform. 

“We are encouraged to see the continued interest and growth in CBDMEDIC among leading retailers throughout the United States. In particular, the fact that CBDMEDIC products are now being positioned in-line demonstrates the acceptance of our over-the-counter products within the traditional pain relief and skincare categories and we look forward to seeing the continued growth in the number of retail locations in which CBDMEDIC is available,” said Perry Antelman, the CEO of Abacus Health Products, maker of CBD CLINIC and CBDMEDIC.

Also in July, Green Growth Brands announced a deal with American Eagle to begin selling its CBD-infused body-care products — including muscle balms and lotions — in nearly 500 of American Eagle’s stores and online, with sales expected to begin in October. This follows apparel retailer Abercrombie, which just last month announcing its plans to sell GGB’s products in more than 160 stores across the U.S.

“The cultural conversation around CBD is growing and I think we are beyond CBD being only for early adopters. The push to major retail outlets like Kroger, Walgreens, and CVS seem to support that, said Paul Miller from Lokus Nutrition.

Risks remain

The FDA is in the midst of creating guidelines for CBD manufacturers and will likely eliminate some manufacturers currently participating in the CBD boom and open the door to some large scale, mainstream manufacturers. The details of the FDA regulations will inform the specifics of how large the OTC piece of the CBD pie becomes. 

“We’ve seen major chain retailers like CVS, Walgreens, and Whole Foods start to include CBD in their product mixes. The larger the entity, the more likely they are to stick with topical products until the FDA provides clarity,” said Kate Heckman from Stratos CBD.

When it comes to CBD oils, presently only 10% of demand is being filled by present growers, the industry has increased by 200% from 2017 to 2018, about 618 million in sales last year with projected 22 Billion by 2022.

“A lot of people want to get into this arena. Some of the problems we are working on are Standardization of the industry, Genetic variations, for patents and Lab Certification. It is the wild west, with little or no standard dosages or diagnosis for the public to rely on,” said John Sation, Clinic Director, and research Coordinator from Hair & Scalp Clinics.

The recent FDA warning letter to Curaleaf on July 26 serves as a wake-up call to the industry about statements in marketing or social media that imply that these products can be used to treat medical conditions. 

“It’s in the best interest of the industry to be careful and conservative with any label claims being made. With the passing of the 2018 Farm Bill, each state department of agriculture must submit a state management plan to the USDA outlining how various aspects of hemp cultivation and processing will be managed within their jurisdiction,” said Dr. Sean Callan, CEO of Precision Botanical.

While the opportunity is real, risks remain. According to David Gross from Strategic Value Partners, players in the space should tread carefully as the regulatory framework is currently only taking shape. 

“Don’t be first here. By all indications, the FDA appears poised to take aggressive and decisive action, as evidenced by the Curaleaf warning letter, against companies who manufacture, distribute, and retail CBD products. Moreover, the Drug Enforcement Agency (DEA), Department of Agriculture, and financial regulators (i.e., FDIC, OOC, and Federal Reserve) remain unknowns. In the near-term, any benefit you might receive from being first is far outweighed by the business and reputational risk of a potential FDA action or a multi-state federal raid at your warehouses.”

Source: https://www.forbes.com/sites/dennismitzner/2019/08/06/retailers-see-promise-in-cbd-and-hemp-products/#3e264909411f

HPQ-Silicon Resources $HPQ.ca – World’s largest fund manager lost $90bn investing in fossil fuel companies $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 9:00 PM on Tuesday, August 6th, 2019

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World’s largest fund manager lost $90bn investing in fossil fuel companies

  • BlackRock’s multibillion-dollar investments in the world’s largest oil companies – including ExxonMobil, Chevron, Shell, and BP – were responsible for the bulk of these losses
  • The report, from the Institute for Energy Economics and Financial Analysis (IEEFA), found that BlackRock has eroded the value of its $6.5 trillion funds by betting on oil companies that were falling in value and by missing out on growth in clean energy investments.

By Editorial Staff

BlackRock, the world’s largest fund manager with $6.5 trillion of assets under management – bigger in value than the world’s third-largest economy (Japan) – continues to ignore the serious financial risks of putting money into fossil fuel-dependent companies, a new report has found.

The report, from the Institute for Energy Economics and Financial Analysis (IEEFA), found that BlackRock has eroded the value of its $6.5 trillion funds by betting on oil companies that were falling in value and by missing out on growth in clean energy investments.

BlackRock’s investments lost investors an estimated $90 billion over the past decade “due largely to ignoring global climate risk,” the report said.

The report also found that BlackRock’s multibillion-dollar investments in the world’s largest oil companies – including ExxonMobil, Chevron, Shell, and BP – were responsible for the bulk of these losses.

The report added that BlackRock should reduce the influence of those with connections to the fossil fuel industry on its board, a recommendation the investment giant continues to ignore.

Tim Buckley, IEEFA Director of Energy Finance Studies and co-author of the report says due to its enormous size, BlackRock should demonstrate stronger leadership.

“If the world’s largest investor makes it clear the rules have changed, then other globally significant investors like Fidelity, Vanguard and Japan’s sovereign wealth fund will rapidly replicate and reinforce these moves, reducing stranded asset risks for all,” he said.

In its defense, via a statement to UK’s Guardian newspaper, BlackRock said they give clients the option of investing in environmentally and socially responsible funds and that these funds, make up 0.8 percent of its entire portfolio.

“BlackRock should be given some credit,” says Derick Lila, Managing Director at pvbuzz.com. “I believe the company is making strides in diversifying its portfolio – and a notable example is the company’s recent push towards distributed solar and storage.”

Only last month, BlackRock aquired a majority stake in GE’s solar business, giving the investment giant footing in a growing market that offers solar and storage solutions to the commercial, industrial and public sectors.

“While the company’s investments in clean energy isn’t as impressive as some of us in the business would like, we also have to understand they are Fund Managers,” Derick Added.

Source: https://pvbuzz.com/worlds-largest-fund-manager-lost-90bn-investing-in-fossil-fuel/

FEATURE: 5 Small Cap Gold Stocks Benefiting From $1,400 Gold $AMK.ca $LAB.ca $AAX.ca $GGX.ca $GR.ca

Posted by AGORACOM at 7:30 PM on Tuesday, August 6th, 2019
  • US $ Gold prices have remained above $1400 for five weeks, due in part to Federal Reserve’s actions
  • Continued Central Bank accumulation of physical gold represents fundamental floor
  • A weakening US dollar accelerates Central Bank demand and reinforces policies to continue purchases.
  • 2018 purchases came in at 650 tons
  • Estimates peg Central Banks purchases at approximately 375 tonnes in the first half of 2019
  • Trade wars ( China ) and Geopolitical conflicts ( Iran ) are price supportive
  • Technical factors support higher long term gold prices and renewal of bull market
  • Higher prices make marginal projects economic
  • Exploration becomes a renewed focus to supply future demand
https://www.kitco.com/news/2019-07-31/images/CentralBanksCapitalEconomics.PNG

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American Creek Resources (TSX-V: AMK)

American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2019’s first hole averaged 0.683 g/t Au over 780m in a vertical intercept. The Treaty Creek property is located in the same hydrothermal system as Pretivm and Seabridge’s KSM deposits. Eric Sprott recently made a strategic 1$M investment in AMK

Hub On AGORACOM

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(TSX-V: LAB)

Lead by Shawn Ryan and Roger Moss, LAB has 2 district scale Gold projects in Labrador that have never seen any modern exploration techniques. Ashuanipi and Hopedale are being systematically explored for gold potential utilizing the same techniques that created the White Gold discoveries.  At Ashuanipi , a 15km long by 2 to 6 km wide north-south trend exists and a second 14 km long by 2 to 4 km wide east-west trend exists. At Hopedale, 2019 exploration has discovered two new mineralized showings.First showing extends potential strike length by approximately 500 metres along strike of the Thurber Dog gold occurrence; Second showing was discovered in the Misery North area

Hub On AGORACOM

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Image result for ggx gold
(TSX-V: GGX)

GGX gold has discovered high grade gold silver and tellurium in the Greenwood-Republic mining camp, British Columbia. The current 2019 drill program follows up on 2018 intercept of high grade gold-silver (129 g/t gold and 1,154 g/t silver over 7.28 meter) from the near surface COD vein which is projected to be 1.5 kms in length. In addition tellurium grades were announced with “up to 3,860 g/t tellurium”, including “823 g/t tellurium over 7.28-meter core length” and “640 g/t tellurium over 6.90-meter core length. 2019 drilling on COD North is currently underway.

Hub on AGORACOM

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https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564603/hub/GREATATLANTIC_LOGO_TESTER-e1480712241913.jpg
(TSX-V: GR)

Great Atlantic is situated between Marathon Gold and Sokoman in Canada’s newest emerging gold district. The Company reported a NI 43-101mineral resource estimate for the JMZ in late 2018 on Golden Promise and 2019 is focused on prospecting and geochemical sampling at high priority targets within the property. Planned 24 hole program in the northern half of the property at the gold-bearing Jaclyn Zone, specifically at the Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ).

Hub on AGORACOM

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FULL DISCLOSURE: All companies listed above are advertising clients of AGORA Internet Relations Corp.

Esports Entertainment Group $GMBL – Shanghai sets the standards for building #Esports arenas $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 3:38 PM on Tuesday, August 6th, 2019
SPONSOR: Esports Entertainment $GMBL Esports audience is 350M, growing to 590M, Esports wagering is projected at $23 BILLION by 2020. The company has launched VIE.gg esports betting platform and has accelerated affiliate marketing agreements with 190 Esports teams. Click here for more information
GMBL: OTCQB

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Shanghai sets the standards for building esports arenas

Xing YiChina Daily/Asia News Network Aug 06, 2019

  • Shanghai has taken another stride toward building itself into a global esports centre, as it announced standards for the construction and operation of esports venues during the China Digital Entertainment Expo and Conference which ended on Monday.
  • “The esports sector has been growing quickly in the past few years, but there is a lack of top design. The guidelines can boost industry growth in a healthy manner,” Yu Xiufen, director of the bureau, was quoted as saying by Xinmin Evening News.

Published by the municipal culture and tourism bureau, the standards for esports venues specify the construction requirements in areas such as stage lighting and telecommunication networks and set the service standards for operating such venues.

“The esports sector has been growing quickly in the past few years, but there is a lack of top design. The guidelines can boost industry growth in a healthy manner,” Yu Xiufen, director of the bureau, was quoted as saying by Xinmin Evening News.

The criteria for esports venues have four categories, from A to D.With a construction area of more than 50,000 square meters, class-A venues can host the highest level esports competitions, while class-D venues must have a 500-square meter construction area, and will be used to hold qualification trials.

One of the most important upcoming esports events in the city is The International 2019, an annual tournament for the popular multiplayer online battle arena game Dota 2, which will be held in the Mercedes-Benz Arena, a class-A venue, from Aug 16 to 25.

It will be the first time for China to host one of the most-watched esports events in the world. Its crowdfunded prize pool reached a record of more than $30 million (S$41.5 million) in July and is still growing.

According to Perfect World Zhengqi, a subsidiary of Perfect World Co Ltd and the operator of the game in China, the event’s 26,804 tickets were sold out in just 53 seconds in May.

“We have organised many esports events in Shanghai before, so we know the venues here are excellent and the viewers are very active,” said Xiao Hong, CEO of the company. “Shanghai has the best environment for esports in the country – both in facilities and government policies, and we’d like to co-operate with the government to build mature industrial chains in the future.”

Wang Yong, deputy secretary-general of Shanghai Esports Association, said the development of esports includes not only hosting tournaments, but also esports training, performance and public experience, which requires a number of esports venues of different sizes and functions.

Many shopping malls are interested in building esports venues, and these standards will help them find the right partners, Wang added.

A report published by gaming industry analyst company Gamma Data estimated that esports market revenue in Shanghai reached 14.6 billion yuan (S$2.9 billion) in 2018, accounting for 19 per cent of the national total.

Source: https://www.asiaone.com/digital/shanghai-sets-standards-building-esports-arenas

Lomiko Metals $LMR.ca: Tesla Battery Researcher Jeff Dahn Talks $100 kWh Cells, Removing Cobalt $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca $DNI.ca

Posted by AGORACOM at 3:16 PM on Tuesday, August 6th, 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

https://electrek.co/wp-content/uploads/sites/3/2017/02/jeff-dahn-prize-e1486506458760.jpg?resize=1024,512
  • Dahn is considered a pioneer in Li-ion battery cells.
  • His work now focuses mainly on a potential increase in energy density and durability, while also decreasing the cost.

Jeff Dahn, the head of Tesla’s battery research group in Halifax, talks about achieving $100 kWh cost of battery cells, removing cobalt from cells, and more in a rare new interview.

Dahn is considered a pioneer in Li-ion battery cells. He has been working on the Li-ion batteries pretty much since they were invented. He is credited for helping increase the life cycle of the cells, which helped their commercialization.

His work now focuses mainly on a potential increase in energy density and durability, while also decreasing the cost.

In 2016, Dahn transitioned his research group from their 20-year research agreement with 3M to a new association with Tesla under the newly formed ‘NSERC/Tesla Canada Industrial Research’.

Through the agreement, Tesla invested in a new research lab close to Dahn’s group near Halifax, Nova Scotia.

We haven’t heard much from Dahn over the past few years, but we previously reported that his group has been working on additives to the electrolyte in order to increase the performance of Li-ion battery cell chemistry.

The group started filing patents on battery technology for Tesla earlier this year.

More recently, we reported on a new patent that could help prevent cell failure in Tesla vehicles.

In an interview with YouTuber Sean Mitchell, the scientist talks about his latest research and answers a few interesting questions about batteries:

Electrek’s Take

Interestingly, Tesla wasn’t mentioned at all during the interview and I wouldn’t be surprised if Tesla was off the table since Dahn has let things out of the bag about Tesla before.

A few things of note in the interview include the mention of removing cobalt from battery cells, which is one of Tesla’s goals.

Dahn is also on board with the latest projections that battery cell cost should go below $100 kWh within the next few years.

The milestone has been described as the tipping point that makes battery-electric vehicles cost-competitive with gasoline cars on a massive scale.

I also found it interesting how Dahn has a very similar approach to Elon Musk when it comes to evaluating new battery technologies. He said: “Until you put it in a prototype and you demonstrate that it’s a manufacturable item and economically viable, you can’t jump and down too much” That’s something we hear Elon say a lot every time new battery technologies are announced.

Source: https://electrek.co/2019/08/05/tesla-battery-researcher-jeff-dahn-talks-100-kwh-cells-removing-cobalt/amp/?__twitter_impression=true

Advance Gold $AAX.ca Begins Geophysical Survey at Tabasquena Project to Delineate Deeper Targets Below Zones of Widespread Gold and Silver Mineralization $MGG.ca $SIL.ca $FA.ca $LON

Posted by AGORACOM at 2:39 PM on Tuesday, August 6th, 2019
  • A 3D Induced Polarization (IP) geophysical survey on its Tabasquena project in Zacatecas, Mexico is underway.
  • Survey designed to complement and enhance current 3D model of Tabasquena Epithermal veins
  • Goal of the survey is to assess the depth potential below the near surface mineralized zone

Kamloops, British Columbia–(Newsfile Corp. – August 6, 2019) – Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) is pleased to announce that a 3D Induced Polarization (IP) geophysical survey on its Tabasquena project in Zacatecas, Mexico is underway. This geophysical survey is designed to complement and enhance the 3D model derived from the recent drilling which confirmed a widespread gold and silver mineralized epithermal vein system.

Prior to Advance Gold acquiring the project, a limited IP survey had been carried out. This historical IP survey effectively identified three of the known veins as significant chargeability and resistivity anomalies.

The goal of the survey is to assess the depth potential below the near surface mineralized zone that was encountered in the andesites, with the graphitic phyllites below still open at depth. It is important to note that the vein systems in the nearby mines operated by Fresnillo Plc., and MAG Silver’s Juanicipio mine currently under construction, are epithermal veins systems focused on zones within the graphitic phyllites.

The 3D IP geophysical survey will take thousands of data point readings on an 800 X 500 metre grid. It is designed to give a clearer picture of anomalies adjacent to and below the current drilling, which is primarily down to 300 metres, and possibly see down to approximately 600 metres.

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “We are in a unique position for a gold and silver explorer as having found a fully intact epithermal vein system. This is a fairly rare occurrence. Making things somewhat challenging is that with a system like this, the boiling zone of the system is deeper. This is the case in all of the nearby mines around the cities of Fresnillo and Zacatecas, Mexico. The mines are hosted in the graphitic phyllites below the andesites. We have drilled a widespread zone of gold and silver mineralization in the andesites at Tabasquena. Hopefully, once the geophysical survey is completed we will be better able to focus our deeper drilling in the search for the boiling zone of the system. With the gold and silver markets gaining strength, it is a very exciting time for us to be advancing this exceptional project. In addition to the technical merits of the project, we are in one of the most prolific mining regions worldwide for silver as 10% of the historical world silver production comes from the state of Zacatecas, from epithermal vein systems. Since we made the discovery of this system approximately one year ago, the gold and silver markets have gone from being subdued to much more optimistic. One of the defining attributes of this region, in addition to the prolific mines, is that the costs for exploration, development and mining are some of the lowest in the mining sector. We have a highly prospective project at Tabasquena, are doing the work to advance the project, have a small and tight share structure and will be delivering crucial news as the market for gold and silver are improving yet the menu for investors to choose from is small when it comes to the exploration of quality projects.”

Julio Pinto Linares is a QP, Doctor in Geological Sciences with specialty in Economic Geology and Qualified Professional No. 01365 by MMSA., and QP for Advance Gold and is the qualified person as defined by National Instrument 43-101 and he has read and approved the accuracy of technical information contained in this news release.

About Advance Gold Corp. (TSXV: AAX)

Advance Gold is a TSX-V listed junior exploration company focused on acquiring and exploring mineral properties containing precious metals. The Company acquired a 100% interest in the Tabasquena Silver Mine in Zacatecas, Mexico in 2017, and the Venaditas project, also in Zacatecas state, in April, 2018.

The Tabasquena project is located near the Milagros silver mine near the city of Ojocaliente, Mexico. Benefits at Tabasquena include road access to the claims, power to the claims, a 100-metre underground shaft and underground workings, plus it is a fully permitted mine.

Venaditas is well located adjacent to Teck’s San Nicolas mine, a VMS deposit, and it is approximately 11km to the east of the Tabasquena project, along a paved road.

In addition, Advance Gold holds a 14.63% interest on strategic claims in the Liranda Corridor in Kenya, East Africa. The remaining 85.37% of the Kakamega project is held by Acacia Mining (63% owned by Barrick Gold Corporation).

For further information, please contact:
Allan Barry Laboucan,
President and CEO
Phone: (604) 505-4753
Email: [email protected]

Corporate website: www.advancegold.ca