Posted by AGORACOM
at 9:09 AM on Thursday, June 24th, 2021
Harborside Inc. is one of the oldest and most respected cannabis retailers in California, operating three of the major dispensaries in the San Francisco Bay Area and a cultivation/production facility in Salinas, California and awarded one of the first six medical cannabis licenses granted in the United States.
Harborside hold cannabis licenses for retail, distribution, cultivation, nursery, and manufacturing.
With California being one of the largest cannabis markets in the world, Harborside Retail operations command 3% of California’s entire retail market and operations have generated over $400M in cumulative sales since inception
Fourth Quarter and Full Year 2020 Financial Results
Full Year 2020 Gross Revenues Expand 29% Year-Over-Year to $63.4 Million Full Year
2020 Adjusted EBITDA grows to $7.4 Million From an Adjusted EBITDA Loss of $8.9 Million in 2019(1)
Reports Fourth Quarter Gross Revenues of $13.1 Million and Positive Adjusted EBITDA of $0.7 Million(1)
Fourth Quarter Total Gross Margins improved from 22.1% to 49.9%(1), Driven by Improved Harvest Yields, Higher Wholesale Volumes, and Improved Operating Leverage Supported by Tight Expense Management
2020 Operational Highlights
Closed upsized private placement for gross proceeds of approximately C$35.1 million
Secured a $12 million revolving credit facility
Completed a $5 million strategic investment in Loudpack, a premier California cannabis company
Completed the acquisition of a 21% interest in a San Francisco Dispensary in the historic Haight-Ashbury District
Sit back, relax and watch this powerful interview with Matt hawkins as he demonstrates the powerful growth potential legislation is anticipated to have on operations.
Posted by AGORACOM-JC
at 2:23 PM on Wednesday, June 23rd, 2021
HPQ Silicon Resources $HPQ $HPQFF is a Quebec-based company that is developing a portfolio of high value-added silicon products sought after by battery and electric vehicle manufacturers.
If that sounds a lot like what other small companies are saying lately, $HPQ differentiates itself as a leader of the pack thanks to the following
To understand the importance and the implications of this milestone, this excerpt from the press release says it all:
” Demand for higher purity Silicon, materials that the PUREVAP QRR was designed to produce – but one that traditional silicon producers have a difficult time making, is about to enter a massive growth phase, driven by worldwide demand from the silicones, solar, and batteries industries. The Covid-19 pandemic accelerated the closing of old inefficient traditional Silicon plants and combining this with the chronic under investment in new conventional Silicon plants that occurred in the past decade, and the need for more efficient and environmentally friendly processes has created a perfect storm for the industry. HPQ should be a key beneficiary of this new reality.”
Posted by AGORACOM-JC
at 9:06 AM on Saturday, June 19th, 2021
A weekly summary of Novamind news and media, including the announcement of a US$1,000,000 strategic investment in a Stealth Mode Drug Development Company.
“Novamind has over five years of operational expertise with psychedelic medicine, a track record of innovative treatment protocol development, and strong clinical research partnerships with blue-chip pharmaceutical companies,” said CEO Yaron Conforti. “I’m excited to share our vision for the next chapter of mental health treatment at the Conference.”
The Strategic Investment leverages Novamind’s expertise in patient recruitment and patient management for the Investee’s development of novel treatments for neuropsychiatric disorders.
Global News paints a compelling picture about the need for psychedelic-assisted therapy in Canada. “I just had so many different experiences, where all my questions that I had written out, everything was answered for me.” says Laurie Brooks, who was diagnosed with colon cancer at age 54. “I’m able now to deal with the emotions as they come, and to sit with them and hold them.”
It’s been a year of progress as many health breakthroughs happened while the public’s attention was rightfully focused on a Covid vaccine. Time covers some significant steps forward, including a malaria vaccine that could help save some 400,000 lives a year and the promising results of MDMA and psilocybin studies. It’s important to note the therapy aspect of the psychedelic studies. Both MDMA and psilocybin were given to participants in conjunction with therapy. Yes, these drugs are powerful and help provide the right mindset for improving mental health, but it’s the therapy that really creates lasting change. And it’s why that’s such a big part of what we do at Novamind.
Congratulations to Atai Life on listing to the Nasdaq. As an early strategic investor, we look forward to seeing Atai continue to deliver on its mission of “pioneering the development of highly effective mental health treatments.” Christian Angermayer
Posted by AGORACOM
at 7:00 PM on Sunday, June 13th, 2021
American Creek ( AMK:TSXV ) is located in one of the best mining jurisdictions in the world in B.C. Canada. They are already partnered to a world class discovery and just embarked on this years exploration program to determine how big their Goldstorm deposit really is, and to see if the deposit is not alone. There may yet be a whole storm of deposits out there on the property.
The Treaty Creek project is in the Golden Triangle on one of the largest hydrothermal systems in the world. The “Sulphurets Hydrothermal system” supports numerous world scale deposits, including the high-grade Brucejack mine (opened 2017 by Pretivm) and Seabridge’s KSM which boasts the largest undeveloped gold deposit by reserves in the world.
The southern half of the system contains 188m oz gold, 1.2 bn oz silver, 55bn lbs. copper in resources.
American Creeks Treaty Creek project is a Joint Venture. Tudor Gold owns 3/5th, is the operator and controls all costs associated with development and discovery. American Creek owns 20% and is fully carried until a “Production Notice” is issued and benefits from a “free ride” on any discovery, or discoveries made, to which there is one to date.
In March the 1st the very first resource calculation was released for Treaty Creek’s Goldstorm deposit. It is true world class, opening with 19.4m ounces of gold equivalent in Indicated and 7.9m Inferred. The potential to grow with further drilling is substantial.
A 2021 Phase 1, 30,00m, 4 drill program is underway to define where the mineralization stops in order to truly define the scope of the Goldstorm deposit. It is still open in all directions. Not too many companies have the advantage of this position, let alone at no cost.
There will be 2 more drills and 20,000 more metres added to the program later this summer targeting new discoveries.
Last Year Eric Sprott said the following about the Goldstorm Deposit on Treaty Creek:”
“It certainly looks like they have 20 million ounces and they could easily get to 30 or 40 or 50 million ounces (of gold)” Eric Sprott, July 24, 2020
I wonder how many ounces he will be counting at the end of this drill campaign. Or will it be discoveries?
Drop in and enjoy this illustrative narrative with Kelvin Burton of American Creek and discover the world class scale of Treaty Creek.
Green Market Report covers our fiscal Q3 earnings in their Psychedellux recap of the top business stories in the psychedelic medicine industry.
Novamind reported total revenue of $1.8 million, a 43% quarter-over-quarter, driven by increased patient volume at the Company’s four operating clinics.
“Together with the Wholeness Center, we’re joining forces to offer a new therapy that will positively impact the people who show up every day and continue to provide critical healthcare for the public during—and after—this difficult time,” said Dr. Robison.
From GQ’s series on mental health comes a piece about the psychological reasons how new experiences can change how we perceive time and make us more resilient. It’s an interesting read and the author even compares trees blooming in spring to psychedelics. “Even the most mundane new experiences left me feeling genuinely elated.” There’s a reason for it too. From Dr. Laurie Santos, “Novel stimuli tend to activate regions of our brain that are associated with rewards.” At our Cedar Psychiatry clinics, we practice a holistic approach to mental health. Taking into account psychological, biological, social, environmental, and cultural influences. Learn more here.
We’ve always believed in Atai’s vision to transform the treatment of mental health disorders. It’s why we became early strategic investment partners. Congratulations to Atai Life Sciences on launching their initial public offering.
Posted by AGORACOM-JC
at 9:49 AM on Thursday, June 10th, 2021
When the Facebook data privacy scandal broke out, the world woke up to just how badly our individual data was being traded, used and most importantly, the amount of profit being generated by major corporations at our expense.
This led to the enactment of the biggest data privacy laws in history. Specifically, General Data Protection Regulation (GDPR) out of Europe and the California Consumer Privacy Act (CCPA).
Enter $LQID. The Company Turns The Problem Of Data Privacy Into A Profit For Individuals, While Providing Big Businesses With New & Compliant Business Models.
More than just lip service, $LQID has made some major announcements, including joining the Trust Over IP Foundation, which includes over 170 members including IBM, Mastercard, Accenture and many other global leaders who are defining a complete architecture for Internet-scale digital trust.
Does that sound like a mouthful? Yeah, it does. But all you have to really understand for now is that digital ID, privacy and monetization is going to become a reality in the very near future. Government regulations are enforcing it. Consumers are demanding it and $LQID is delivering it at such an advanced scale that the Trust Over IP Foundation provided them with a strategic role as a Steering Member.
If that wasn’t enough proof for you, Google validated the $LQID business model with this stunning announcement at the beginning of March:
Google believes these types of tracking methods don’t “meet rising consumer expectations for privacy, nor will they stand up to rapidly evolving regulatory restrictions, and therefore aren’t a sustainable long term investment.”
Google is experimenting with tools in its Privacy Sandbox that are designed to allow advertising to continue to work on the web but in a less privacy-encroaching way.
“Keeping the internet open and accessible for everyone requires all of us to do more to protect privacy — and that means an end to not only third-party cookies, but also any technology used for tracking individual people as they browse the web,” David Temkin, Google’s director of product management for ads privacy and trust,
What is the potential outcome of this major shift by Google?
“Google’s decision could upend the ad industry, which has relied on these types of tracking tools”
Now the data privacy and monetization game is underway with LQID sitting in a great position within the industry and the dominant position within the small cap world.
If consumers are going to switch to Liquid Avatar to protect and monetize their identity, the switch to Digital ID by Canada’s biggest Province is simply a monster catalyst: The Ontario government strategy outlines ways in which it plans to harness the potential of the digital economy and better utilize data. Included in the plan are tangible commitments such as:
the creation of a new data authority;
a new digital artificial intelligence (AI) framework to guide responsible use of AI; and
the introduction of a new government-issued digital ID that lets people prove who they are online.
Cardea is a complete ecosystem that can be used by public health authorities, governments, organizations, and industries to enable people to maintain their privacy while holding and using an easily verifiable, trustworthy, unalterable proof of a health test or vaccination.
One of the first projects to provide the related technology and guidance for implementation of the recently announced Global COVID Certificate Network (GCCN), also from Linux Foundation Public Health, Cardea helps facilitate the safe and free movement of individuals globally during the COVID pandemic.
Watch this interview with CEO David Lucatch for an even deeper discussion into what this all means for $LQID and YOU.
Posted by AGORACOM
at 2:47 PM on Tuesday, June 8th, 2021
Fabled Silver Gold (FCO TSXV) ( FBSGF: OTC ) controls 100% of the Santa Maria mine gold and silver property in Mexico.
What is that and why is that important?
It is a high grade silver gold property that is situated right in the middle of the Mexican Epithermal silver gold belt that has reportedly produced more silver than any other equivalent area in the entire planet.
To say it’s a mining friendly jurisdiction is an understatement.
Multiple major operators are in the vicinity and it’s already got a silver equivalent 43-101 of 3.2m ounces, but is looking to add to that significantly with their recent press release of 2269 g/t silver.
That is not a typo, in other words it is also 2.269 kilos AgEq or 72 troy ounce
2021 Exploration:
Completed 18 holes for 3250m of the increased 9200m program
Hole 20-19 in progress
2nd drill added underground and on 2nd hole
1st underground hole submitted for assay
The Santa Maria Project is poised to deliver as multiple new structures are being investigated and discovered through the ongoing drill program.
“Novamind, a mental health company that specializes in psychedelic medicine, this week announced revenues of $1.85 million for its fiscal quarter ending March 31, a 43% increase over the prior quarter. With its previously announced plans to open 4 new clinics, doubling the size of its network, between July and September, Novamind said in its earnings report that it expects to increase patient volume to more than 65,000 clinic visits in 2021, which would represent a 225% increase year-over-year.”
“Since listing on the CSE this January, Novamind has demonstrated its ability to rapidly scale access to innovative mental health treatment and psychedelic medicine,” said Yaron Conforti, CEO and Director, Novamind. “The contract with Merck to research a promising new drug, leveraged our expertise in patient recruitment and patient management. Novamind will continue to execute on its aggressive growth initiatives in 2021, further expanding organically and through acquisitions ahead of the FDA’s anticipated approvals of MDMA and psilocybin.”
Identifying the correct dose for therapeutic settings is a crucial step in the path towards optimizing the healing power of psychedelics. In this article, Psychedelic Spotlight details new research studying the optimal LSD dosage for the treatment of mental health disorders. We look forward to more research and clinical trials in the future and will prepare for the time when LSD can be used as a treatment option in our clinics.
The promise of psychedelic medicine is too great to ignore for Campbell Townsend, an Australian-based psychologist who is training in psychedelic-assisted psychotherapy. The Australian government has recently committed $15m to psychedelic clinical trials and support is growing in that country. There is significant momentum growing. Staying at the forefront of psychedelic research, Novamind is currently developing protocols for ketamine-assisted psychotherapy that will standardize and provide best-practice treatment methods for the widespread use of psychedelic medicine.
Posted by AGORACOM
at 8:42 PM on Wednesday, June 2nd, 2021
Fabled Silver Gold (TSXV:FCO ) (OTCQB: FBSGF) is in the metal discovery business.
They recently added copper to the exploration menu with news of a spin out of their Northern B.C. assets into Fabled Copper Co., providing FCO shareholders with a new vehicle capable of making a metals discovery.
Fabled Silver Gold controls 100% of the Santa Maria Gold and Silver property in Mexico and is its flagship project. It is a high grade underground mine with a rich mining history and a Silver Equivalent 43-101 with 3.2million ounces Indicated and 1.1m inferred.
Now as far as silver projects go 3.2M ounces isn’t very big but when serial mine finder and industry stalwart Peter Hawley was presented with it in 2016, he came out of retirement saying “it was almost too good to be true” and “this is the one I’ve been looking for.”
Santa Maria’s best historical intercept to date is a reported 11meters of 1,672 g/t Silver & 3.74 g/t gold and ending in mineralization. Current exploration has demonstrated drill success from the very first holes with an incredible intercept of 10 ounces of silver over 6 meters. As a result of the drill success, Fabled increased their original program from 8,000m to a minimum of 9200m to drill from underground to firm up the known resource, and for “Blue Sky drilling” to explore the numerous anomalies unexplored on the property capable of demonstrating discovery potential.
Not only that, Santa Maria is definitely in a great “neighborhood” within the mining friendly jurisdiction of Parral that has produced over 250M oz silver. The Parral mining district is situated in the centre of the Mexican epithermal silver-gold vein districts. The belt has been recognized as a significant metallogenic province, which has reportedly produced more silver than any other equivalent area in the world. Grupo Mexico, as an example, are their neighbor and border the Santa Maria property. Grupo (GMBXF) valued at 38$Billion, is the largest mining corporation in Mexico.
Santa Maria is in the perfect environment for further discoveries and increased development, yet has never been systematically or thoroughly explored with modern methods, until now. FCO is currently conducting their first drill program to support the 43-101 and expect results flowing right through June. It’s an excellent project and a company maker.
So why are we switching to copper?
Peter thinks he can do it again, only this time with Dr. Copper, who is in a metals bull of its own, and with properties located in a very favorable mining jurisdiction, British Colombia, Canada
Fabled is spinning out its copper assets to be placed into a new public vehicle, Fabled Copper Co., and the assets are good, really good. They already demonstrate the necessary value to create an excellent copper exploration and development company. In this case, Fabled’s Northern B.C “Muskwa” copper assets act like a dividend for Fabled Silver Gold shareholders. A unanimous Board approval vaults the Muskwa Copper project directly into the forefront of investors’ attention. Current shareholders will receive a new share in Fabled Copper Co. for every 5 Fabled Silver Gold Shares. It’s an incredible bonus for shareholders as it generates a Newco to follow a completely different metal currently in its own bull market.
Shareholders will own shares in both companies, Silver and Copper, and benefit by allowing capital markets to ascribe value to the Muskwa copper project independent of the Company`s silver properties.
Alone, this is a great deal for shareholders, but what may be hidden amongst the capital markets excitement is the fact that the 100% controlled Muskwa project comprises 3 known deposits and over 20 copper occurrences.
This is not small scale. The exploration and development infrastructure is advanced, extensive really. Fabled is prepared to act very quickly and are already on task to define multiple exploration teams, outfitters, helicopter services to outline, and budget a July to September 2021 exploration program.
Sometime words convey the story, but in this case it is better to hear it and see it directly.
Watch this amazing 2 minute video with CEO Peter Hawley that captures the magnitude of the exploration potential and work accomplished to date. It portends a very bright future for a discovery for all shareholders near and dear to Fabled. Silver, Gold….or Copper.
Posted by AGORACOM-JC
at 4:39 PM on Wednesday, June 2nd, 2021
When the Facebook data privacy scandal broke out, the world woke up to just how badly our individual data was being traded, used and most importantly, the amount of profit being generated by major corporations at our expense.
This led to the enactment of the biggest data privacy laws in history. Specifically, General Data Protection Regulation (GDPR) out of Europe and the California Consumer Privacy Act (CCPA).
Enter $LQID. The Company Turns The Problem Of Data Privacy Into A Profit For Individuals, While Providing Big Businesses With New & Compliant Business Models.
More than just lip service, $LQID has made some major announcements, including joining the Trust Over IP Foundation, which includes over 170 members including IBM, Mastercard, Accenture and many other global leaders who are defining a complete architecture for Internet-scale digital trust.
Does that sound like a mouthful? Yeah, it does. But all you have to really understand for now is that digital ID, privacy and monetization is going to become a reality in the very near future. Government regulations are enforcing it. Consumers are demanding it and $LQID is delivering it at such an advanced scale that the Trust Over IP Foundation provided them with a strategic role as a Steering Member.
If that wasn’t enough proof for you, Google validated the $LQID business model with this stunning announcement at the beginning of March:
Google believes these types of tracking methods don’t “meet rising consumer expectations for privacy, nor will they stand up to rapidly evolving regulatory restrictions, and therefore aren’t a sustainable long term investment.”
Google is experimenting with tools in its Privacy Sandbox that are designed to allow advertising to continue to work on the web but in a less privacy-encroaching way.
“Keeping the internet open and accessible for everyone requires all of us to do more to protect privacy — and that means an end to not only third-party cookies, but also any technology used for tracking individual people as they browse the web,” David Temkin, Google’s director of product management for ads privacy and trust,
What is the potential outcome of this major shift by Google?
“Google’s decision could upend the ad industry, which has relied on these types of tracking tools”
$LQID is now ready to capitalize on all pipeline and future commercialization opportunities.Watch this great interview with CEO David Lucatch for an even deeper discussion into what this all means for $LQID and YOU.
