Agoracom Blog

Novamind $NM.ca $NVMDF Expands Leadership Team, Accelerating M&A $RVV.ca $MMED $PSYC.ca $FTRP.ca $CMPS $NUMI.ca

Posted by AGORACOM-JC at 8:52 AM on Wednesday, March 3rd, 2021
  • Announced the appointment of Joseph Braganza to the role of Senior Vice President, Head of M&A.
  • Mr. Braganza joins the senior leadership team with a mandate to lead Novamind’s M&A strategy, accelerating the Company’s expansion plans for its network of clinics, retreats and clinical research sites.

TORONTO, ON / March 3, 2021 / Novamind Inc.,(CSE:NM)(OTC PINK:NVMDF) (“Novamind” or the “Company”), a leading mental health company specialized in psychedelic medicine, announces the appointment of Joseph Braganza to the role of Senior Vice President, Head of M&A. Mr. Braganza joins the senior leadership team with a mandate to lead Novamind’s M&A strategy, accelerating the Company’s expansion plans for its network of clinics, retreats and clinical research sites.

Joseph has gained tenure as a M&A specialist and strategist, building sustainable programmatic M&A approaches for high-growth organizations. Leveraging over 20 years of professional experience, Joseph recently led the M&A group as Vice President, Business and Corporate Development at Canadian Addiction Treatment Centres (CATC), a consolidator of outpatient addiction treatment clinics that currently operates over 70 clinics and an inpatient residential treatment facility. Joseph previously held senior M&A roles at People Corp. (acquired by Goldman Sachs Merchant Banking), Rexall Health Solutions (a subsidiary of McKesson Corp.) and Deloitte.

“I am deeply committed to Novamind’s vision to scale their operating model for psychedelic medicine,” Braganza commented. “Facilitating greater access to these breakthrough treatments is critical in helping people find new ways to improve their mental health. I look forward to working with the leadership team as we pursue Novamind’s vision.”

Yaron Conforti, CEO and Director of Novamind added, “We’re excited to announce Joseph’s appointment to lead our M&A team. Joseph’s experience acquiring and integrating businesses, combined with his expertise in the mental health sector make him uniquely positioned to contribute to Novamind’s strategic growth plans.”

Read More: https://agoracom.com/ir/Novamind/forums/discussion/topics/756466-novamind-expands-leadership-team-accelerating-m-a/messages/2306202#message

Ortho Regenerative Technologies $ORTH.ca $ORTIF Well-positioned for Next Phase of Development

Posted by AGORACOM at 3:43 PM on Tuesday, March 2nd, 2021
Ortho

MONTREAL , March 2, 2021 – Ortho Regenerative Technologies Inc . (CSE: ORTH) (OTCQB: ORTIF) (” Ortho RTI ” or the ” Company “), a clinical stage orthobiologics company focused on the development of novel soft tissue repair regenerative technologies, today provided a review of 2020 calendar year activities and a look forward at planned future milestones as the Company transitions from preclinical to clinical stage.

2020 Achievements

  • Completed four non-brokered private placements that raised an aggregate C$6.7 million . The company now has more than $2 million cash on hand to fund its regulatory and clinical stage projects through 2022.
  • In March and July, Ortho RTI announced positive preclinical results that confirmed the safety profile and demonstrated statistically significant improvement over standard of care for rotator cuff repair.
  • Following a request for designation to the FDA, ORTHO-R was classified in August as a drug/biologic, which management believes will enhance its long-term market potential.
  • In October, the Company appointed Mukesh Ahuja , MBBS, MSc as Vice-President Clinical and Medical Affairs, who brings extensive expertise in orthobiologics clinical development.
  • In October, Ortho RTI shares began trading on the OTCQB market, facilitating better access for US investors and improved trading liquidity.
  • In November, Ortho RTI initiated the scale-up and manufacturing of cGMP clinical trial material to be used in the upcoming ORTHO-R Phase I/II rotator cuff tear repair clinical trial in the US.

Read More: https://agoracom.com/ir/OrthoRegenerativeTechnologies/forums/discussion/topics/756371-ortho-regenerative-technologies-well-positioned-for-next-phase-of-development/messages/2306048#message

AI/ML’s $AIML.ca $FIRZF CEO Appointed to Advisory Board of ST Innovations $PFM.ca $DM.ca $ADK.ca

Posted by AGORACOM at 3:39 PM on Tuesday, March 2nd, 2021
AI/ML Innovations Inc.

TORONTO , March 2, 2021 – AI/ML Innovations Inc. (CSE: AIML), a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, is pleased to announce that Randy Duguay, CEO of AI/ML Innovations Inc., was appointed to the University of Alberta’s ST Innovations Advisory Board in order to provide input and guidance regarding the commercialization of new technologies in the field of digital health innovations.

“The addition of Randy Duguay to this prestigious advisory board is mutually beneficial” said Tim Daniels , Executive Chairman of AI/ML Innovations Inc.

“Randy is able to share his wealth of expertise and experience in the field of digital health by mentoring and advising others, while simultaneously leveraging the human and technological resources of ST Innovations to the benefit of AI/ML Innovations.”

ST Innovations, the business arm of the University of Alberta’s SMART Network, is Alberta’s leading R&D services organization, connecting entrepreneurs with world-class researchers in support of the latest innovation and R&D.

Read More: https://agoracom.com/ir/AIMLInnovations/forums/discussion/topics/756368-ai-ml-s-ceo-appointed-to-advisory-board-of-st-innovations/messages/2306045#message

$HOLL Announces Closing of $7.9M Private Placement of Special Warrants, Including Full Exercise of Agents’ Option $CRON $GTBIF $INDS $META.ca $FAF.ca $WEED.ca

Posted by AGORACOM at 3:39 PM on Tuesday, March 2nd, 2021
Hollister Biosciences Inc. | CSE - Canadian Securities Exchange
  • The Company has now closed the brokered private placement of 21,635,094  Special Warrants and raised gross proceeds of $7,896,809.31

VANCOUVER, BC – March 2, 2021 – Hollister Biosciences Inc. (CSE:HOLL, OTC:HSTRF, FRANKFURT:HOB) (“Hollister” or the “Company”) is pleased to announce, further to its news releases of January 21, 2021, and January 20, 2021, that the Company has now closed the brokered private placement of 21,635,094  Special  Warrants of the  Company  (the  “Special  Warrants”)  at a  price of  $0.365  per  Special  Warrant and raised gross proceeds of $7,896,809.31 (the “Offering”), including 3,825,094 Special Warrants sold pursuant to the exercise in full of the agents’ option granted to the Agents (as defined herein).

Eight Capital acted as sole bookrunner and lead agent on behalf of a syndicate of agents including Haywood Securities Inc. and Paradigm Capital Inc. (together with Eight Capital, the “Agents”) under the Offering.

Each Special Warrant will be automatically exercisable into units of the Company (the “Units”), as described below. Each Unit consists of one common share of the Company (a “Share”) and one-half of one common share purchase warrant (each full warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Share at a price of $0.50 per Share on or before January 2, 2025, being 46 months following the date of closing of the Offering (the “Closing Date”).

Each Special Warrant will be automatically exercisable, for no additional consideration, into Units on the date (the “Automatic Exercise Date”) that is the earlier of: (i) the date that is three business days following the date on which the Company either (A) obtains a receipt from the applicable securities regulatory authorities (the “Securities Commissions”) for a (final) short form prospectus qualifying distribution of the Units underlying the Special Warrants (the “Qualifying Prospectus”); or (B) files a supplement to a (final) short form base shelf prospectus qualifying the distribution of the Units underlying the Special Warrants (the “Qualifying Supplement”), and (ii) July 3, 2021, being the date that is four months and one day after the closing of the Offering.

Notwithstanding the foregoing, in the event the Company has not received a receipt from the Securities Commissions for the Qualifying Prospectus or filed a Qualifying Supplement on or before March 12, 2021, each holder of Special Warrants shall thereafter be entitled to acquire an additional one-half of one (0.5) Warrant for each Unit to be issued to such holder upon the automatic exercise of the Special Warrants, such that each Unit shall be comprised of one Share and one whole Warrant (collectively, the “Penalty Warrants”), without further payment or action on the part of the holder.

In connection with the Offering, the Company paid the Agents $651,084.20 in commissions and advisory fees and issued 1,441,580 special broker warrants (the “Special Broker Warrants”) to the Agents. Each Special Broker Warrant is automatically exercisable into one broker warrant (a “Broker Warrant”) for no additional payment on the Automatic Exercise Date. Each Broker Warrant will be exercisable into one Unit, subject to adjustment, at $0.365 per Unit for a period of 24 months from the closing of the Offering. Each Unit is comprised of one Share and one-half of one Warrant.

All securities issued in connection with the Offering are subject to a statutory hold period of four months plus a day in accordance with applicable securities legislation ending on July 3, 2021. The net proceeds received from the Offering will be used for working capital and general corporate purposes.

Read more HERE.

Red Light Holland $TRIP.ca $TRUFF Talks Up New Wisdom Truffle Design $RVV.ca $PSYC $FTRP $BUZZ

Posted by AGORACOM at 1:46 PM on Tuesday, March 2nd, 2021
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  • RED LIGHT HOLLAND LAUNCHES NEW LOGO AND INTERACTIVE WISDOM TRUFFLE COMPANION CREATED BY INTERNATIONALLY RENOWNED & AWARD-WINNING DESIGNER KARIM RASHID

Red Light Holland Corp. has revealed the company’s interactive Wisdom Truffle and new logo carefully and creatively designed by renowned designer and head of design for Red Light Holland, Karim Rashid.

The Wisdom Truffle will be produced in three different models which is expected to be sold across the world in Q4 2021, and it will be able to be pre-ordered on the Company’s website by the end of March 2021. Each model will support a different aspect of Red Light Holland’s iMicro healthy lifestyle and work in conjunction with Red Light Holland’s iMicro Journal WebApp (currently in use) and the Company’s completed immersive AR/VR apps.

“While focusing on our core business, our goal is also to create alternative revenue streams while building a global brand that is electric, alive and genuinely connects – which then encourages a lifestyle of healthy daily habits, including disconnecting from technology and reconnecting with nature and ourselves for mental clarity,” said Red Light Holland CEO and Director Todd Shapiro. “I’m amazed to be part of such a creative team that is combining Karim Rashid’s designs and Radix Motion’s technology. Together we are kicking ass with this unique combination of tech meeting real life through creative minds from all sides.

The Red Light Holland team is proud to help you see things differently.”Wisdom Truffle Companion Image 3

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“The design of the Wisdom Truffle companion promotes positivity and provides comfort. The Wisdom Truffle is also an incredible art piece that’s a great conversation starter around finding a healthier balance with our use of technology. Something we need now more than ever,” said Karim Rashid. “The three model sizes will fit different, use cases and together can transform any environment, bringing light, music and interactivity. The new logo reflects the Wisdom Truffle becoming Red Light Holland’s brand ambassador and it truly represents all of us proudly.”

Read More:https://agoracom.com/ir/RedLightHolland/forums/discussion/topics/756386-red-light-holland-launches-new-logo-and-interactive-wisdom-truffle-companion-created-by-internationally-renowned-award-winning-designer-karim-rashid/messages/2306069#message

$TGS.ca Releases Q2 Financials & Provides Corporate Update Demonstrating Growth Acceleration $DKNG $PENN $GAN $ESPO $AESE $EGLX.ca $BRAG.ca $FDM.ca

Posted by AGORACOM at 12:55 PM on Tuesday, March 2nd, 2021
  • The company generated a gross margin of 81% from Oct – Dec 2020
  • TGS completed a strategic $2,000,000 financing, which was upsized due to strong investor demand.
  • Acquired esports platforms Pepper Esports and Volcanic Media

VANCOUVER, BC, March 2, 2021 /CNW/ – TGS Esports Inc. (“TGS” or the “Company“) (TSXV: TGS) (FRA: 5RH) a company that partners with Fortune 500 brands, schools, and tournament organizers to build out their esports community via tournaments, broadcast production and events, is pleased to provide the following corporate update alongside the release of its Q2 financials:

  • The company generated $150,876 in revenue between October and December 2020 with a gross margin of 81%. 
  • TGS completed a strategic $2,000,000 financing, which was upsized due to strong investor demand. The funds will be used to accelerate growth in 2021.
  • TGS has hired Gopal Patel, who previously worked with Canucks Sports and Entertainment, to develop the companies’ sales strategies in the traditional sports and sponsorship market.
  • TGS has significantly grown its white-label and sponsorship business and is working with companies including Shaw, Telcel, Norquest College, Monstercat, Ubisoft, HyperX, and Redbull, interacting with over 25,000 players in over 40 events in the last three months.
  • TGS completed the acquisition of Pepper Esports, a next generation esports platform that makes it possible to create and manage player communities, spectators, sponsors, and brands—all in one place.
  • TGS completed the acquisition of Volcanic Media, a company at the forefront of scholastic esports in Canada which has created an inter-district high school esports league and scholarship program for players within the league—both firsts of their kind in Canada.
  • TGS completed a strategic investment in Mountainside Games, a BC based organization that focuses on tournaments and content within the Super Smash Bros community. MSG creates unique Super Smash Bros content including Smash Talk, an online show available via YouTube.

TGS continues to build a business leadership role in esports with the strategic acquisitions of Pepper Esports and Volcanic Media. With the completion of TGS’s $2,000,000 financing and the growth of the sales team, the company is aggressively executing on its sales strategy to help Fortune 500 brands expand their reach into the 18-34 year old esports audience by providing them with world class esports experiences.

“COVID has forced many large brands to rethink their digital strategies, and esports events are fast becoming one of the most desirable ways for Fortune 500 brands to engage with new audiences.” said Spiro Khouri, CEO of TGS. “We are seeing an incredible growth in demand for custom tailored esports experiences from these brands, and we are uniquely positioned to service this multibillion-dollar market.”

TGS is also pleased to announce a new investor focused website, http://investtgs.com, which will provide investors with the latest news and information about the company.

The company has hired Gopal Patel as VP of Business Development and Strategy. Gopal has over a decade of experience developing strategic partnerships for some of Canada’s top organizations, including MLSE (Toronto Maple Leafs, Toronto Raptors, Toronto FC) and most recently Canucks Sports and Entertainment, where he lead partnerships for the Vancouver Canucks and then Esports and Gaming, specifically the Vancouver Titans and the Seattle Surge. He has built partnerships with over 150 of North America’s top brands, for 12 properties, across 10 sports and gaming leagues. 

Read More: https://agoracom.com/ir/TGSESports/forums/discussion/topics/756408-tgs-esports-releases-q2-financials-provides-corporate-update-demonstrating-growth-acceleration/messages/2306095#message

FansUnite $FANS to Present at the 4th Annual Gravitas Growth Conference $SCR.ca $BRAG.ca $GMBL

Posted by AGORACOM at 11:04 AM on Tuesday, March 2nd, 2021
  • A mix of leading companies and speakers from sectors such as healthcare, technology, and gaming will be participating at the 4th Annual Gravitas Growth Conference
  • The conference will not only give us the opportunity to share our story with a large audience that consists of institutional investors but also, enable us to promote the fast-growing online betting industry to the investment community,” said CEO Scott Burton

Vancouver, British Columbia–(Newsfile Corp. – March 2, 2021) – FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) (“FansUnite” or the “Company”), is pleased to announce that it will participate in the 4th Annual Gravitas Growth Conference which will be hosted in-person at the Fairmont Pacific Rim Hotel in Downtown Vancouver, and virtually on March 4, 2021. The conference is expected to be attended by over 300 individuals.

The FansUnite management team which includes Chief Executive Officer, Scott Burton and President, Darius Eghdami will present at 1.10 PM PST at the one-day conference hosted by Gravitas Securities Inc. During the conference, they will also host individual investor meetings and presentations.

“We are honoured to be invited to present at the 4th Annual Gravitas Growth Conference,” said Scott Burton, Chief Executive Officer of FansUnite. “The conference will not only give us the opportunity to share our story with a large audience that consists of institutional investors but also, enable us to promote the fast-growing online betting industry to the investment community.”

Event Details

Date: Thursday, March 4, 2021
Time: 8.00 AM PST – 5.00 PM PST
Venue: Held virtually, and in-person at the Fairmont Pacific Rim Hotel (limited capacity)

A mix of leading companies and speakers from various sectors such as healthcare, technology, and gaming to name a few, will be participating at the 4th Annual Gravitas Growth Conference. To register for the event, RSVP click here.

Steve Wozniak’s K-12 Education Program Woz ED Announces Exclusive Strategic Partnership with Draganfly $DFLY.ca $DFLYF $FLT.ca $UAVS $ALPP

Posted by AGORACOM-JC at 10:51 AM on Tuesday, March 2nd, 2021
  • Draganfly to be the exclusive supplier of drones to Woz ED’s drone program across its national K-12 curriculum
  • Expected deployment of approximately 3000 drones in 2021,Drone design and technical product advisory by Steve Wozniak’s team for proprietary Woz ED drones and drone related products,Collaboration and partnership in a fully funded international innovation center.

Los Angeles, CA, March 02, 2021 — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), award-winning, industry-leading drone solutions, and systems developer, today announced an exclusive strategic partnership with Woz ED, Steve Wozniak’s K-12 Education program.

Partnership scope includes

  • Draganfly to be the exclusive supplier of drones to Woz ED’s drone program across its national K-12 curriculum with the expected deployment of approximately 3000 drones in 2021,
  • Drone design and technical product advisory by Steve Wozniak’s team for proprietary Woz ED drones and drone related products,
  • Collaboration and partnership in a fully funded international innovation center.

The partnership will bring additional product development to Draganfly’s current and future pipeline in addition to re-imagining the future of innovation for drone technologies.

Inspired by Steve Wozniak, the co-founder of Apple (NASDAQ: AAPL), Woz ED provides a personalized approach to nurturing an engineering mindset through hands-on projects.

Woz ED is a model for incorporating the engineering process in the K-12 classroom and accelerating the path to employment for students who choose drones as a career. Students start with an introduction to aviation in Kindergarten and transition to physics of flight and flight skills in middle school. Students may choose elective courses in the Junior and Senior year to enroll in a drone course where students learn the engineering behind a drone, as well as earn their certification. The certification will make the students employable as they leave high school.

The Association of Unmanned Vehicle Systems International projected more than 100,000 new jobs in unmanned aircraft by 2025.

Draganfly will be the exclusive provider of drones as part of the Woz ED qualified for flight curriculum under their STEM programs. Students will gain hands-on experience piloting, and spotting for drone missions, design, and building for drone systems. Draganfly will also help develop further curriculum, career path development and field training for Woz ED students.

“Having an industry leader like Draganfly as a partner will give our kids the opportunity to learn from the best with real life experience and expertise,” said Steve Wozniak, Co- founder of Apple Inc. 

“The military, energy, entertainment, real estate, agriculture, delivery, emergency response and construction sectors have embraced the power and the potential of drone technology, and NASA just landed Ingenuity on Mars! The industry-leading expertise Draganfly brings to this partnership amplifies our offerings in both curriculum and hardware as we expose young people to these booming career opportunities,” said Karen Young, CEO of Woz ED 

“It has been said that Steve Wozniak designed Apple’s first products, the Apple I and II because they didn’t exist and he wanted to use them,” said Cameron Chell, CEO of Draganfly. “We are incredibly honored to be working with Steve and the team at Woz ED because of their bold, disruptive innovation and way of approaching challenges with technology.”

Read More: https://agoracom.com/ir/Draganfly/forums/discussion/topics/756391-steve-wozniak-s-k-12-education-program-woz-ed-announces-exclusive-strategic-partnership-with-draganfly/messages/2306074#message

Else $BABY.ca $BABYF Launches Branded Store on Amazon $AMZN, due to Demand Surge $VERY.ca $MEAT.ca $EATS.ca $VEGN.ca

Posted by AGORACOM-JC at 10:20 AM on Tuesday, March 2nd, 2021
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  • Experienced a significant surge in online demand for its products and has launched its own Amazon Brand Store on Amazon.com.
  • The new Else Nutrition online store front provides an improved user experience enabling seamless customer journeys in product purchase, alongside a growing product assortment while better communicating the Else brand story.

VANCOUVER, BC , March 2, 2021 – ELSE NUTRITION HOLDINGS INC. (TSXV: BABY ) (OTCQX: BABYF ) (FSE: 0YL ) (“Else” or the “Company”) the Plant-Based baby, toddler and children nutrition company announces today  that it has experienced a significant surge in online demand for its products and has launched its own Amazon Brand Store on Amazon.com. The new Else Nutrition online store front provides an improved user experience enabling seamless customer journeys in product purchase, alongside a growing product assortment while better communicating the Else brand story.

“This takes us to the next level on Amazon,” said Hamutal Yitzhak , CEO and Co-Founder of Else Nutrition. “We’ve already been seeing great response on the platform, and this combination of enhanced customer experience and access to greater ad tools, enable us to scale much faster. We will continue to build our brand and boost visibility on Amazon,” she added.

Else Plant-Based Complete Toddler Nutrition was a #1 Best Seller on Amazon in the New Releases for the Baby/Toddler Formula category in Fall 2020. The 2-pack format, which was recently released, has already become the top seller in Amazon’s New Releases in the Baby Powder formula category.

Read More: https://agoracom.com/ir/ElseNutritionHoldings/forums/discussion/topics/756367-else-launches-branded-store-on-amazon-due-to-demand-surge/messages/2306044#message

TransCanna’s $TCAN.ca Lyfted Farms Set to Increase Cultivation by 300% $VFF.ca $ACB.ca $GTII.ca $TEQ.ca

Posted by AGORACOM at 9:51 AM on Tuesday, March 2nd, 2021
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  • Company anticipates escalation in cultivation to have direct effect on revenue growth
  • Strategic location of the Company’s new facility takes full advantage of California’s lowest industrial electrical costs
  • “Our new facility gives us a massive competitive cost advantage that will increase our margins and empower us to offer consumers the best products at the most competitive prices,” said Bob Blink

Vancouver, British Columbia–(Newsfile Corp. – March 2, 2021) – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (OTC: TCNAF) (“TransCanna” or the “Company”) has increased its cultivation capacity by 300%, enabling it to effectively triple production of its most profitable and in-demand product: exotic indoor flower. With this increased cultivation capacity, Lyfted Farms – hailed in the industry for its premium genetics and seasoned team of master cultivators – can now meet consumer-driven demand in Northern California while expanding into the sizable Southern California home containing over 23,000,000 residents.

“We literally cannot keep up with demand as the vast majority of shipments are selling out within days of landing on retail shelves,” said Alan Applonie, General Manager for TransCanna subsidiary, Lyfted Farms. “We have been waiting for the right time to enter the Southern California market but needed this increase in cultivation capacity to effectively build and preserve our reputation for unwavering quality and reliability with our retailers and consumers,” said Mr. Applonie.

In addition to increasing output, the strategic location of the Company’s new Daly facility in Modesto, California, takes full advantage of California’s lowest industrial electrical costs per kilowatt-hour.

“Electricity is the largest direct cost for indoor cultivation so the location of our new facility gives us a massive competitive cost advantage that will increase our margins and empower us to offer consumers the best products at the most competitive prices,” said Bob Blink, CEO of TransCanna.

The additional cultivation rooms coming online within the Daly facility also unlock Lyfted Farms’ ability to leverage its multi-decade relationships within the industry. The expansion in cultivation capacity opens the door for collaboration with other dominant California cannabis lifestyle brands. Ensuing co-branding efforts (soon to be revealed) will be powerful and will impact all meaningful cannabis market segments within the state.

The new developments represent significant strides in TransCanna’s mission to establish itself as California’s leading cannabis conglomerate.

Read more: https://agoracom.com/ir/TranscannaHoldings/forums/discussion/topics/756376-transcanna-s-lyfted-farms-set-to-increase-cultivation-by-300/messages/2306057#message