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FansUnite Entertainment $FANS.ca $FUNFF Receives Malta Gaming Service License and Critical Gaming Supply License $SCR.ca $BRAG.ca $TNA.ca $FDM.ca $JJ.ca

Posted by AGORACOM-JC at 9:42 AM on Monday, December 7th, 2020
  • Received approval from the Malta Gaming Authority
  • The Gaming Service License and Critical Gaming Supply license were received on December 4th, 2020.
  • Both licenses are effective for a term of 10 years from the date of grant.
  • Approval allows FansUnite to offer B2B and B2C gambling services throughout Europe
  • FansUnite will now be able to offer a full spectrum of online gambling services in Europe, covering Casino, Fixed Odds Betting, Pool Betting and Controlled Skilled Games.
  • With MGA approval received, FansUnite will be joining other highly respected gambling companies such as PokerStars, Betfair and Unibet in operating their business within MGA regulations.

Vancouver, British Columbia and Sliema, Malta–(December 7, 2020) – FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) (“FansUnite” or the “Company”), a technology company providing leading online gaming solutions, is pleased to announce that Askott Entertainment (Malta) Ltd. and E.G.G Limited, wholly owned subsidiaries of FansUnite Entertainment, have received approval from the Malta Gaming Authority (“MGA”). The Gaming Service License and Critical Gaming Supply license were received on December 4th, 2020. Both licenses are effective for a term of 10 years from the date of grant.

FansUnite will now be able to offer a full spectrum of online gambling services in Europe, covering Casino, Fixed Odds Betting, Pool Betting and Controlled Skilled Games.

With MGA approval received, FansUnite will be joining other highly respected gambling companies such as PokerStars, Betfair and Unibet in operating their business within MGA regulations.

The Malta Gaming Authority is a gambling regulatory organization that provides top-tier industry standard gaming licenses that are in line with EU laws and regulations. With the MGA licenses, FansUnite will receive full credibility as a trusted betting platform supplier and casino operator in Europe, which will result in the company gaining significant recognition in the online gambling market. The company will also obtain accessibility to new markets as operators registered under EU legislation can utilize FansUnite’s B2B and B2C products, respectively. Other benefits of the MGA licenses include a variety of payment methods that will result in smoother transactions and a corporate-friendly tax system.

Overview of Gaming Licenses Acquired by FansUnite

The Critical Gaming Supply License has been received by Askott Entertainment (Malta) Ltd. This B2B license enables FansUnite to sell its proprietary software to a broad spectrum of licensed sports betting and iGaming operators throughout Europe.

The Gaming Service License has been granted to E.G.G. Limited (Malta). This B2C license allows FansUnite to operate its own brands and game offerings within the EU market. In addition, FansUnite will gain full rights to provide full white label services to partners, eliminating the need for them to undergo the licensing process, software testing procedures, payment processing configurations and banking requirements.

According to the EU Gaming and Betting Association, the EU online gambling market is growing at about 10% per year and the gross gaming revenue of the EU sector is expected to rise to €29.3 billion by 20221.

“The Malta Gaming Authority license is widely considered one of the most prestigious gambling licenses in the industry and receiving it represents a major milestone in our development as a betting and iGaming company,” said Scott Burton, CEO of FansUnite Entertainment. “Having spent years building our technology to a global standard that is desirable by international regulatory bodies, we were able to meet Malta’s extremely stringent and rigorous technical, software, and corporate audits and qualify for two separate licenses. With the approval in hand, we will look to continue executing on our growth strategy, by collaborating with new partners in Europe in order to distribute our sports and esports betting platform along with our RNG casino game titles to an expanded customer base.”

FansUnite will immediately commence extensive business development to promote iGaming and sports betting services to both end customers and online casino and sportsbook operators in Europe.

1https://www.egba.eu/eu-market/

About FansUnite Entertainment Inc.

FansUnite is a global sports and entertainment company, focusing on technology related to regulated and lawful online gaming and other related products. FansUnite has produced a one of a kind complete iGaming platform, with a sports and esports focus geared for the next generation of online bettors and casino players. The platform includes products for pre-match betting, in-play betting, daily fantasy, content and a certified RNG to produce casino style chance games. The platform operates multiple B2C brands and B2B software for the online gambling industry. FansUnite also looks to acquire technology platforms and assets with high growth potential in new or developing markets.

For further information, please contact:

Prit Singh Investor Relations at FansUnite
[email protected]
(905) 510-7636

Scott Burton Chief Executive Officer of FansUnite
[email protected]

Darius Eghdami President of FansUnite
[email protected]

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

FORWARD-LOOKING STATEMENTS: Certain information contained herein may constitute “forward-‎‎looking information” under Canadian securities legislation. Generally, forward-looking information can be ‎‎identified by the use of forward-looking terminology such as “believes,” “belief,” “expects,” “intends,” ‎‎‎”anticipates,” “potential,” “should,” “may,” “will,” “plans,” “continue” or similar expressions to be uncertain ‎‎and forward-looking. Forward-looking statements may include, without limitation, statements relating to ‎‎future outlook and anticipated events such as: FansUnite’s ability to offer gambling services in Europe and ‎elsewhere; FansUnite’s credibility as a betting platform supplier and casino operator; recognition of the ‎Company in the online gambling market; accessibility to new markets; increased options for payment ‎methods; effects of the Malta Gaming Authority license on transactions involving the Company; tax ‎benefits arising from the Malta Gaming Authority license; FansUnite’s ability to distribute its sports and ‎esports betting platforms and RNG casino games; expansion of FansUnite’s customer base; business development ‎plans of FansUnite; the ‎Company’s unique portfolio of assets; and discussion of future plans, projections, ‎objectives, estimates ‎and forecasts and the timing related thereto. Forward-looking statements are based ‎on the Company’s ‎estimates and are subject to known and unknown risks, uncertainties and other factors ‎that may cause the ‎actual results, level of activity, performance or achievements of FansUnite to be ‎materially different from ‎those expressed or implied by such forward-looking statements or forward-looking ‎information. Additional ‎information regarding the risks and uncertainties relating to the Company’s business ‎are contained under ‎the heading “Risk Factors” in the Company’s Non-Offering Prospectus dated March 27, ‎‎2020 filed on its ‎issuer profile on SEDAR at www.sedar.com and risks related to global pandemics, ‎including the novel ‎coronavirus (COVID-19) global health pandemic, and the spread of other viruses or ‎pathogens and influence ‎of macroeconomic developments. Accordingly, readers should not place undue ‎reliance on forward-looking ‎statements and forward-looking information. The forward-looking statements in ‎this news release are made ‎as of the date of this release. FansUnite disclaims and does not undertake to ‎update or revise any forward-‎looking statements or forward-looking information, whether as a result of new ‎information, future events or ‎otherwise, except as required by applicable securities laws.‎

Corporate Logo

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KABN North America $KABN.ca Announces Private Placement Financing for up to $1.0 Million $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM-JC at 8:51 AM on Monday, December 7th, 2020
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  • Entered into an agreement with Mackie Research Capital Corporation, as sole agent and sole bookrunner in connection with a best efforts, private placement of units of the Company at an indicative price of $0.15 per Unit, to be determined in the context of the market, for gross proceeds of up to $1,000,000

TORONTO, ON / December 7, 2020 / KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN North America” or “KABN NA“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the U.S., is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation, as sole agent and sole bookrunner (the “Agent“), in connection with a best efforts, private placement of units of the Company (the “Units“) at an indicative price of $0.15 per Unit (the “Offering Price“), to be determined in the context of the market, for gross proceeds of up to $1,000,000 (the “Offering“).

Each Unit will be comprised of one common share of the Company (a “Common Share“) and one Common Share purchase warrant (a “Warrant“). Each Warrant shall be exercisable to acquire one Common Share (a “Warrant Share“) at an indicative exercise price of $0.20 per Warrant Share, to be determined in the context of the market, for a period of 24 months from the closing of the Offering.

The Agent will have an option (the “Agent’s Option“) to offer for sale up to an additional 15% of the number of Units sold in the Offering at the Offering Price, which Agent’s Option is exercisable, in whole or in part, at any time up to 48 hours prior to the closing of the Offering.

The Company intends to use the proceeds raised under the Offering for working capital and general corporate purposes.

The securities to be issued under the Offering will be offered by way of private placement in each of the provinces of Canada, and such other jurisdictions as may be determined by the Company, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws.

The Offering is expected to close on or about December 28, 2020, or on such earlier date as agreed upon between the Company and Agent (the “Closing“), and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Canadian Securities Exchange. The Units to be issued under the Offering will have a hold period of four months and one day from Closing.

In connection with the Offering, the Agent will receive an aggregate cash fee equal to 8.0% of the gross proceeds from the Offering, including in respect of any exercise of the Agent’s Option. In addition, the Company will grant the Agent, on date of Closing, non-transferable compensation options (the “Compensation Options“) equal to 8.0% of the total number of Units sold under the Offering (including in respect of any exercise of the Agent’s Option). Each Compensation Option will entitle the holder thereof to purchase one Unit at an exercise price equal to the Offering Price for a period of 24 months following the Closing.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About KABN North America – www.kabnnaholdco.com

KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from the use of their online identity. KABN NA’s propriety technology suite includes 4 key products:

Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allow users to manage and control their Self Sovereign Identity and to use Liquid Avatars to share verifiable credentials, including access, identity and designation credentials, and public and permission based private data when they want and with whom they want. www.liquidavatar.com.

KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.

KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives. www.kabncard.com.

KABN KASH is a cashback, loyalty and engagement program that powers the KABN NA’s revenue ecosystem. KABN NA provides its products and services at no cost to consumers and generates revenues through permission-based partner programs. www.kabnkash.com.

For more information, please visit www.kabnnaholdco.com or www.kabnsystemsna.com.

KABN Systems NA Holding Corp. is a publicly listed company listed on the Canadian Securities Exchange under the symbol “KABN”.

For further information, please contact:

David Lucatch
647-725-7742 Ext. 701
[email protected]

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ThreeD Capital Inc. $IDK.ca $IDKFF Acquires Securities of Bluesky Digital Assets Corp. $BTC.ca

Posted by AGORACOM-JC at 5:22 PM on Friday, December 4th, 2020
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  • Announced that it and its Joint Actor has acquired ownership and control of an aggregate of 4,500,000 common shares and 4,500,000 common share purchase warrants of Bluesky Digital Assets Corp (“Bluesky”) on December 4, 2020.
  • The Subject Units represented approximately 16.2% of all issued and outstanding common shares of Bluesky as of December 4, 2020 immediately following the transaction described above (or approximately 27.8% on a partially diluted basis, assuming exercise of the Subject Warrants only), resulting in a corresponding increase in the percentage of shares held by ThreeD and its Joint Actor as a result of the transaction.

TORONTO, Dec. 04, 2020 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to announce that it and its Joint Actor has acquired ownership and control of an aggregate of 4,500,000 common shares (the “Subject Shares”) and 4,500,000 common share purchase warrants (the “Subject Warrants” and together with the Subject Shares, the “Subject Units”) of Bluesky Digital Assets Corp (“Bluesky”) on December 4, 2020. The Subject Units represented approximately 16.2% of all issued and outstanding common shares of Bluesky as of December 4, 2020 immediately following the transaction described above (or approximately 27.8% on a partially diluted basis, assuming exercise of the Subject Warrants only), resulting in a corresponding increase in the percentage of shares held by ThreeD and its Joint Actor as a result of the transaction.

Immediately before the transaction described above, ThreeD and the Joint Actor did not hold any securities of Bluesky.

Immediately following the transaction described above, ThreeD and the Joint Actor held an aggregate of 4,500,000 common shares (the “Post-Closing Shares”) and convertible securities entitling ThreeD and the Joint Actor to acquire an additional 4,500,000 common shares of Bluesky (the “Post-Closing Convertible Securities”), representing approximately 16.2% of the issued and outstanding common shares of Bluesky (or approximately 27.8% assuming exercise of such Post-Closing Convertible Securities only). Of this total, ThreeD held an aggregate of 2,500,000 of the Post-Closing Shares and 2,500,000 of the Post-Closing Convertible Securities (representing approximately 9.0% of the issued and outstanding common shares of the Company, or approximately 16.5% assuming exercise of such Post-Closing Convertible Securities only), and the Joint Actor held an aggregate of 2,000,000 of the Post-Closing Shares and 2,000,000 of the Post-Closing Convertible Securities, representing approximately 7.2% of the issued and outstanding common shares of Bluesky (or approximately 13.4% on a partially diluted basis, assuming exercise of such Post-Convertible Securities only).

The Subject Units were acquired in a private placement and not through the facilities of any stock exchange. The holdings of securities of Bluesky by ThreeD and the Joint Actor are managed for investment purposes, and ThreeD and the Joint Actor could increase or decrease their investments in Bluesky at any time, or continue to maintain their current investment position, depending on market conditions or any other relevant factor. The aggregate consideration payable for the Subject Units was $405,000, or $0.09 per Subject Unit.

The trade was effected in reliance upon the exemption contained in Section 2.3 of National Instrument 45-106 on the basis that each of ThreeD and the Joint Actor is an “accredited investor” as defined herein.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.  ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

For further information:
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
[email protected]
Phone: 416-941-8900 ext 106

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.UnfollowRecommendReplyNew MessagePrev MessageBack To ForumThreaded View Next Message Share Share Share Share New Message Title: Message:

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Loop Insights $MTRX.ca $RACMF Lands 2nd Product With #Telus $T.ca … And Goes Trophy Hunting For Major Customers $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Posted by AGORACOM-JC at 4:43 PM on Friday, December 4th, 2020
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On December 3rd, Loop Insights announced “The launch of a second product into the TELUS (T:TSX; TU:NYSE)  IoT Marketplace for national sales and marketing To TELUS Business Customers.”    

This comes less than 50 days since Loop announced the acceptance of its first product into the TELUS IoT Marketplace.   

BUT THAT’S NOT ALL  

The first goal of the Pilot, was for Loop to achieve exponential scale through a channel reseller distribution partnership for its Insights service with TELUS, which has now been achieved.   

The second goal of the Pilot is a rollout of Loop’s Insights service to ALL TELUS corporate stores. That hasn’t happened yet but Loop has advised it will provide an update on this when it becomes available.  

BUT THAT’S NOT ALL  

Signing of the 2nd deal with TELUS has apparently started the Loop phone ringing off the hook, including continued discussions with other major telcos.  Earlier this year, Loop reported it was speaking to 4 major telecom companies on both sides of the border.  

Finally, with the Company’s #VegasBubble 100% delivered and executed, Loop CEO Robert Anson talks about the ripple effects of being the first company in the world to protect a major event.  

Watch this great interview with Loop CEO Rob Anson.

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Ontario is working on a new strategy to develop a hydrogen economy to reduce greenhouse gas emissions – SPONSOR: $HPQ.ca Silicon $EFL.ca $EGT.ca $ENPH $PYR.ca

Posted by AGORACOM-JC at 2:13 PM on Friday, December 4th, 2020

From HPQ Silicon Linkedin:

The Canadian province of Ontario is working on a new strategy to develop a hydrogen economy to reduce greenhouse gas emissions. Ontario is not alone in its interest in hydrogen. There is growing support worldwide from governments and rapid growth in private sector investment.

HPQ Silicon, through its wholly-owned subsidiary HPQ Nano, is working with its partners to develop pathways for using its silicon nanomaterials in their process of clean Hydrogen production.

Read more in September 17, 2020 press release:

HPQ and Apollon Solar Extend Agreement to Work on Porous Silicon for Batteries and Expand Collaboration to Include Hydrogen Production

Hub On AGORACOM / Corporate Profile

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European Commission Reverses Course, Says CBD Should Not Be Regulated As A Narcotic SPONSOR: Thoughtful Brands $TBI $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca $NOVA.ca

Posted by AGORACOM at 12:28 PM on Friday, December 4th, 2020
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SPONSOR: Thoughtful Brands is an established natural health products company focused in the CBD and psychedelic medicine sectors. Through their powerful eCommerce business Thoughtful is a leading direct-to-consumer provider of a wide range of natural health products throughout the United States and Europe. Click Here For More Info

  • Makers of CBD foods and supplements no longer face the prospect of a blanket ban in Europe after the European Commission revised its preliminary stance that CBD should be treated as a narcotic.

The Commission sent a statement to the European Industrial Hemp Association and at least one other Novel Food authorization applicant on Wednesday that hemp-derived cannabidiol should not be regulated as a narcotic and therefore can qualify as a food.

The decision comes as a relief to Europe’s hemp industry, reassuring processors and manufacturers that their CBD edible products will not be banned from the EU market.

CBD was included in the EU’s Novel Food Catalogue in January 2019, and since then has required extensive testing and authorization from food safety authorities before it can be included in products and marketed as food across the bloc’s 27 member states.

The European Commission, the executive branch of the European Union, said in July it had stopped reviewing applications for pre-market authorization of CBD products while it decided whether CBD should be regulated as a narcotic.

The Commission cited last month’s Court of Justice ruling, which said CBD derived from the entire hemp plant is not a narcotic under an international drug treaty and is therefore subject to EU law on the free movement of goods among member states.

The Commission’s full statement to Novel Food authorization applicants reads as follows:

“In light of the comments received from applicants and of the recent Court’s judgment in case C-663/184, the Commission has reviewed its preliminary assessment and concludes that cannabidiol should not be considered as drug within the meaning of the United Nations Single Convention on Narcotic Drugs of 1961 in so far as it does not have psychotropic effect. As a consequence, cannabidiol can be qualified as food, provided that also the other conditions of Article 2 of Regulation (EC) No178/2002 are met.”

SOURCE: https://hempindustrydaily.com/breaking-european-commission-reverses-course-says-cbd-should-not-be-regulated-as-a-narcotic/

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Not Enough Class 1 Nickel In The Pipeline – Sherritt CEO SPONSOR: Tartisan Nickel $TN.ca $RNX.ca $TSLA $NOB.ca $SHL.ca $CNC.ca $FPC.ca $NICO.ca

Posted by AGORACOM at 11:01 AM on Friday, December 4th, 2020
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SPONSOR: Tartisan Nickel Corp’s flagship asset, the Kenbridge Nickel Deposit, hosts an updated resource estimate of 7.5 Mt of 0.58% nickel and 0.32% copper for a total of 95 Mlb of contained nickel. Tartisan also owns equity stakes in Eloro Resources Ltd. that is exploring the ISKA ISKA project, and the low-sulphidation epithermal La Victoria Gold/Silver Project in Ancash, Peru. Class 1 Nickel & Technologies Limited who are advancing the Alexo-Kelex Dundonald nickel project near Timmins Ontario and Peruvian Metals Corporation who are operating a toll mill in Peru. Click Here For More Info

With the spotlight shining on nickel, Canadian miner Sherritt International’s (TSX:S) CEO David Pathe sees brighter days ahead.

Sherritt, which has significant assets in Cuba, has weathered storms ever since Pathe’s predecessor gambled on partnering with Havana’s communist government in the 1990s, and the miner was pushed to the brink during president Trump’s tenure, when early last year, the White House began ramping up sanctions on Cuba.

Nickel has been a tough business since the financial crisis, and Sherritt’s market value sunk to a record low C$29.8 million ($22.8 million) in March from its 2008 peak of C$4.8 billion, trading at a low of eight Canadian cents.

In February, Sherritt had announced a proposed transaction designed to improve its capital structure and reduce the company’s debt by half, and at the end of August, Pathe said it closed a “significant restructuring” of all of its debt tied to exiting the costly Ambitovy project in Madagascar, eliminating C$300 million in debt and pushing out loan payments due next year to 2026.

Pathe said covid-19 pandemic disruptions haven’t had any material effect on operations, after making some adaptations, and the company is on track to hit production targets.

The world needs more battery metals

Given the chasm between future demand for battery raw materials used in electric vehicles and new supply entering the market over the next decade, the current low price environment for lithium, cobalt, graphite and less so nickel is not likely to endure.

At its much-hyped Battery Day event in September, automaker Telsa CEO Elon Musk called on the world’s miners to make more nickel, while hardly mentioning cobalt.

“There isn’t any new, meaningful capacity in class 1 nickel anywhere in the pipeline, because the price of nickel over the last ten years hasn’t supported it”

David Pathe, CEO, Sherritt International

While Pathe is optimistic about nickel demand, he said reducing cobalt by volume will continue, but doesn’t see it being eliminated from the battery metals supply chain.

“There isn’t any other metal that does what cobalt does in terms of stability and seeing a battery through temperature changes and the thermodynamics of charging,” Pathe told MINING.COM. “We don’t think you’ll see cobalt eliminated from batteries any time soon.”

While Musk’s call for miners to produce more nickel lifted prices, California-based Tesla couldn’t buy from Sherritt without violating the US embargo on Cuba.

“We are expecting to see a bit of an inflection point in nickel prices,” Pathe told Bloomberg, adding the attention Musk is drawing “is good for the industry as a whole, including us.”

Pathe said he is hoping that now, the differentiation between class 1 nickel for batteries and nickel pig iron, which accounts for most of the supply in the market, will strengthen class 1 nickel price.

“The challenge with the whole automobile industry now is that they are looking at their plants to ramp up electric vehicle production in the next 5 to 20 years, and if you look at global nickel production – class 1 nickel, used for batteries, and the capacity just isn’t there, and there isn’t any new, meaningful capacity in class 1 nickel anywhere in the pipeline, because the price of nickel over the last ten years hasn’t supported it. ”

Pathe said automakers are “coming to appreciate that, and seeing how different the mining industry is from the automobile industry.”

Mines will be needed to feed new industrial production, and Pathe said automakers are getting their minds around their nickel supply strategy and what it’s going to look like.

Pathe said there isn’t enough class 1 nickel production in the pipeline, and said plants need metals supply to ensure the viability of the auto (EV) industry, while North America catches up with Europe and China.

“That is the way the world is going, and I think its further evidence that we are getting closer and closer to a tipping point. Disruptive changes take a while to build momentum,” Pathe said.

SOURCE: https://www.mining.com/not-enough-class-1-nickel-production-in-the-pipeline-sherritt-ceo/

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AGORACOM Small Cap 60: PyroGenesis’ $PYR.ca Proprietary Plasma Torches: A Global Solution To Reduce GHG Emissions $RTN $NOC $UTX $DDD.ca $HPQ.ca

Posted by AGORACOM-JC at 9:36 AM on Friday, December 4th, 2020

PyroGenesis Canada Inc. (TSX: PYR) (OTCQB: PYRNF) (FRA: 8PY) is on its way to assuming a leadership role in reducing greenhouse gas emissions using its proprietary plasma torches. The company intends to leverage its success into other industries and aims to become a premier environmental company geared toward reducing greenhouse gas emissions across all their business segments.

Hub On AGORACOM / Corporate Profile

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Red Light Holland $TRIP.ca Names Internationally Renowned & Award-Winning Designer Karim Rashid as Head of Design $SHRM.ca $RVV.ca $MMED $PLNT.ca $HALO.ca

Posted by AGORACOM at 2:27 PM on Thursday, December 3rd, 2020
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Toronto, Ontario–(Newsfile Corp. – December 3, 2020) –  Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC: TRUFF) (“Red Light Holland” or the “Company”) is pleased to name Karim Rashid – Head of Design, for the design and development of the Wisdom Truffle companion. Karim Rashid who has 1.1 million Facebook followers, 210,000 Instagram followers and 29,000 Twitter Followers, has been described by Time Magazine as the “most famous industrial designer in all the Americas”.

Pictured Karim Rashid

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“We are thrilled to name world-renowned designer Karim Rashid, Head of Design at Red Light Holland. While focusing on our core business in the Netherlands, our goal is to create alternative revenue streams while building a global brand that oozes every inch of our ethos, which encourages a lifestyle of healthy daily habits including disconnecting from technology and reconnecting with nature and ourselves for mental clarity. Karim, who has worked with global brands such as Giorgio Armani, HUGO BOSS, Veuve Clicquot and Samsung, believes in our vision and together we will bring it to life through the Wisdom Truffle Companion,” said Red Light Holland CEO and Director, Todd Shapiro. “It’s an honour for our company to work with Karim, a beloved, insanely talented and premium designer.”

“When I first met Todd Shapiro I thought he was crazy!” Said Karim Rashid. “But the more I talked to him, the more I knew – to be candid – his team found the perfect person for the job! As Head of Design, I’m elated to design and promote the Wisdom Truffle and help bring it to life. I’m proud to be a part of a creative initiative, that starts a conversation, promotes positivity and provides comfort – it feels like we need that more than ever right now.”

The Wisdom Truffle is expected to be designed by Karim Rashid. The Wisdom Truffle will be a figurine expected to be produced in three different sizes and which can potentially be sold across the world in approximately late 2021. The idea of the Wisdom Truffle is to work through Red Light Holland’s Augmented Reality to encourage people to leave their phone behind and instead recommend one goes for a “walk” or go outside to “exercise” and to “live in the moment”. The Wisdom Truffle’s intention is to highlight an iMicrodose lifestyle which promotes positivity, help put a smile on one’s face and connect people to an enlightened community.

Pictured Wisdom Truffle from Red Light Holland’s VR experience developed by RadixMotion

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In light of the partnership, Red Light Holland issued Karim Rashid 1,052,631 shares pursuant to the Company’s share issuance plan at $0.095 per share. The shares will be subject to a 4-month hold as per Canadian Securities Exchange rule. In addition, Karim Rashid will be paid a fee of US$50,000 over two phases of product development, as well as a 5% Royalty Fee of net sales.

About Karim Rashid:

Karim Rashid is one of the most prolific and colourful designers of his generation. Over 4,000 designs in production, over 300 awards and working in over 40 countries. His renowned work includes products designed for some of the world’s most prominent brands, such as Christofle, Veuve Clicquot, Alessi, Umbra, Bobble, 3M, Samsung, Asus, Kenzo and Hugo Boss. Karim exhibits art in galleries worldwide and is a winner of the Red Dot Award, Chicago Athenaeum Good Design Award, I. D. Magazine Annual Design Review and IDSA Industrial Design Excellence Award.

About Red Light Holland Corp.

The Company is an Ontario-based corporation positioning itself to engage in the production, growth and sale (through existing Smart Shops operators and an advanced e-commerce platform) of a premium brand of magic truffles to the legal market within the Netherlands, in accordance with the highest standards, in compliance with all applicable laws.

For additional information on the Company:

Todd Shapiro
Chief Executive Officer & Director
Tel: 647-204-7129
Email: [email protected]
Website: www.RedLightTruffles.com

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House Gets Ready For Historic Vote On Federal Marijuana Prohibition SPONSOR Harborside $HBOR.ca $VFF.to $HARV.ca $ACB.to

Posted by AGORACOM at 1:03 PM on Thursday, December 3rd, 2020
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SPONSOR: Harborside is a California-focused, vertically integrated, fully licensed cannabis company with its business consisting of three primary segments, Retail Dispensaries, Cultivation and Processing and Wholesale Sales (including branded product sales). Harborside operates the only drive through dispensary in California

This week the U.S. House of Representatives is expected to vote on a bill that would remove marijuana from the Controlled Substances Act and require federal courts to expunge many prior marijuana offenses. It will be the first time the full House will vote on ending the federal prohibition of cannabis.

Morgan Fox with the National Cannabis Industry Association says House passage would “send a really strong message to not only the rest of Congress, but to a lot of other states that the time to end prohibition has come.”

The Marijuana Opportunity Reinvestment and Expungement Act (MORE Act), introduced by Rep. Jerry Nadler (D., N.Y.), would eliminate conflict between state and federal law and allow states to set their own marijuana policies.

 “We don’t need to have one size fits all. We just need to get rid of prohibition and then let the states do what the states are doing. It’s essentially what the states have done already. They haven’t waited for the federal government, which is why we have a lot of these discrepancies and challenges,” said Rep. Earl Blumenauer (D., Ore.), who has long pushed for marijuana legalization.

 Blumenauer and Rep. Barbara Lee (D., Calif.) — who also wrote parts of the legislation — told Yahoo Finance the bill is a racial justice issue.

 “It’s coming at a time when Americans are recognizing how hopelessly flawed the criminal justice system is,” said Blumenauer.

‘You’ve got to repair the damage’

The MORE Act would impose a 5% sales tax on marijuana and marijuana products. The revenue would go toward a new trust fund for grant programs designed to help people “adversely impacted by the War on Drugs” access job training, re-entry services, legal aid, treatment and more. The bill would also provide protections prohibiting denial of federal benefits based on use, possession or conviction for a marijuana offense.

“Regardless of who you are, if you’ve been incarcerated and if you’ve done your time and you get out, you should be provided for a second chance,” Lee told Yahoo Finance. “When you’ve been incarcerated or when you have have a record based on unjust laws — they’re really targeted in many ways, Black and Brown people — then you’ve got to make restitution, you’ve got to repair the damage. This fund is about the time that was lost because of barriers to employment, because of incarceration.”

The MORE Act would open up more opportunities for marijuana businesses, including access to Small Business Administration funding. It would also require the Bureau of Labor Statistics to gather demographic data on cannabis business owners and employees to ensure people of color and economically disadvantaged people are taking part in the industry.

“That really sets out a process for equity in the industry. This is a job-creating industry, and it also provides economic opportunities for minority-owned business owners,” said Lee.Graphic by David Foster/Yahoo Finance

The House Judiciary Committee passed the MORE Act last year 24 to 10 — Rep. Matt Gaetz (R., Fla.) and Rep. Tom McClintock (R., Calif.) were the only Republicans who voted for the bill.

In an interview with Yahoo Finance, McClintock said while he didn’t endorse marijuana, it’s clear U.S. marijuana laws have “not accomplished their goals.”

“These laws have done far more harm than good. They’ve created a violent underground economy and ruined the lives of so many young people who’ve had a youthful marijuana conviction, follow them and ruin their lives,” said McClintock.

The House was scheduled to vote on the bill in September, but Democratic leadership postponed the vote because some members in tight races worried passing the MORE Act before a stimulus package could hurt them at the polls.

Nearly a month after the election, there is still no additional coronavirus relief and many Republicans are again slamming Democrats for what they see as prioritizing the cannabis bill over coronavirus relief efforts.

Democrats have already passed two versions of the Heroes Act and argue it’s the Trump administration and Republican Senate that’s holding up stimulus talks.

SOURCE: https://finance.yahoo.com/news/house-gets-ready-for-historic-vote-on-federal-marijuana-prohibition-192829701.html

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