Agoracom Blog

8 Small Cap #Cannabis Companies That Will Lead The Next Growth Cycle For The $97 Billion Market By 2026 $AVCN.ca $CBDT.ca $HBOR.ca $HOLL.ca $INNO.ca $SPDR.ca $TBI.ca $TCAN.ca

Posted by AGORACOM-JC at 3:39 PM on Thursday, October 8th, 2020

Despite the collapse of marijuana and cannabis related stocks in the last 18 months, there is no denying that Cannabis related products are going to go through a paradigm shifting, parabolic growth stage around the world over this decade for the following reasons:

  1. Cannabis legalization is gaining momentum around the world.
  2. Momentum is primarily driven by the realization that cannabis may have a range of medicinal, therapeutic and wellness applications.
  3. It is the most widely cultivated, consumed and trafficked drug worldwide (United Nations Office on Drugs and Crime).

So what is this going to translate into?

The global cannabis market size was valued at $US 10.6 Billion in 2018 and is projected to reach $97.5 Billion by the end of 2026, a CAGR of 32.92% (Fortune Business Insights)

WHY WILL THIS TIME BE DIFFERENT?

Big promises, big IR budgets, big hype …. Big Letdown.

That pretty much sums up the last cycle of Cannabis related companies that focused on speed, stories and stock prices rather than the one simple but important thing they should have been doing – building a real business.

Investors will remember that the same thing happened during the dot-com era.  As with the cannabis collapse over the last 18 months, what followed back in 2000 was a long period of mourning in which many investors had sworn off tech stocks, just as they have with cannabis stocks today.

But it wasn’t long until tech investors dusted themselves off and realized tech was here to stay – but this time they were only going to focus on real companies with real businesses.  What we got was Amazon, Google, Linkedin, Facebook and then the rest was history.

The same thing is about to happen to the Cannabis sector

Meet the 8 new horsemen of the next leadership group that are firing on all cylinders (in alphabetical order).

Avicanna (AVCN :TSX) (AVCN : OTCQX) ( 0NN: FSE) is a vertically-integrated biopharmaceutical company developing and commercializing various cannabinoid-based products for the global marketplace.

When we say vertically integrated, we mean it. Avicanna has 4 fully operating divisions to address the entire market for Cannabis products as follows:

1.  The company has a full line of high end CBD based skin care products serving the consumer retail segment with Canadian distribution through Medical Cannabis by Shoppers, as well as global distribution later this year.  These are the only known CBD cosmetics backed by clinical trials.

2.  Avicanna’s superior medical cannabis line also features products distributed through Medical Cannabis by Shoppers, the online arm of Canada’s largest drugstore chain. In addition, the company recently received certification and authorization for the sale of pharmaceutical cannabinoid products with medical prescriptions in Colombia.

3.  Avicanna also hosts a full pipeline of Pharmaceuticals in various stages of trials to address Dermatology, Psychiatry, Neurology, Pain and Oncology. Three of the company’s products are already as far as phase 2.

AND… if that is not enough …

4.  Avicanna’s Colombian cultivation division hosts 500,000 Sq ft of low cost and USDA certified organic Cannabis Cultivation. The company recently Made History As The First Ever Export Of Feminized Hemp Seeds From Colombia To The United States. 7,000,000 Seeds For $380,000, with an additional 75,000,000 Seeds Available For Export In Several Pending Transactions.

For more information about the company, please check out the Avicanna HUB on AGORACOM.

Empower (CBDT: CSE) (EPWCF:OTCQB) (8EC:Frankfurt) is a vertically integrated, multi-state operator of medical clinics with a database of over 165,000 patients, a database that almost every medical cannabis and CBD company would kill for … but then these numbers recently came in for the first two quarters to further cement Empower as a leader:

PatientVisits

  • Q1 + 377% To 5,717
  • Q2 + 56% To 6,696

Revenues $USD

  • Q1 + 416% To $790,000 (NO COVID)
  • Q2 + 56% To $923.000

TOTAL Q1 AND Q2

  • REVENUE                 $1.7M vs $745K         = + 130%
  • PATIENTS                 12,400 vs 5,500           = + 125%
  • NET LOSS                 $920K vs 1.85M         = – 50% 

Empower has now delivered growth in 4 successive financial reports (Q4, FY 2019, Q1 and Q2), so it is safe to say that superstar CEO Steve McAuley can officially claim victory on the turnaround he inherited in 2019. 

BONUS – The Company’s physician staffed clinics have are also generating significant revenue and growth from the COVID-19 pandemic as follows: 

  • Increased CBD treatments from patients suffering increased anxiety;
  • Testing for individuals and families
  • Testing for local businesses and employees 
  • Testing for enterprise level organizations across the country 
  • Acquisition of an 8,000 sq ft lab in Dallas that can process 4,000 COVID-19 tests per day
    • At the lowest price of $USD 80 per test and operating on just 1,000 tests per day, the clinic would deliver $USD 80,000 in revenue PER DAY

Oh, and did we mention that CEO Steven McAuley is Six Sigma certified under the quality initiative of legendary GE (General Electric) Chairman Jack Welch? We’ve never seen a Six Sigma certified CEO in the Canadian small cap markets. Never.  Which explains how McAuley has been able to guide Empower Clinics through the most disruptive retail environment in recent history and turn it into significant growth.

For more information about the company, please check out the Empower HUB on AGORACOM.

Harborside (HBOR: CSE), (HSDEF: OTCQX) has generated over $400,000,000 (NOT a typo) since its inception in 2006.  We thought that would get your attention.

What Do They Do?

HBOR is a California-focused, vertically integrated, fully licensed cannabis company with its business consisting of three primary segments:

1. Retail Dispensaries

2. Wholesale

3. Cultivation and Processing

HIGHLIGHTS

  • Founded in 2006. One of the oldest and most respected cannabis retailers in California
  • Awarded one of the first six medical cannabis licenses in the USA
  • Operations have generated over $400M in cumulative sales since inception
  • Retail operations command 3% of California’s entire retail market
  • 2020 Financials (Q1 +  Q2)

○       Revenues         $30,800,000

○       Gross Profit     $14,000,000

○       EBITDA            $1,100,000

  • Expected to generate approximately $62M – $65M in sales in 2020
  • Operate California’s only drive-through dispensary 
  • Over 1,300 customers per day in Q2
  • Oakland dispensary is one of the largest retail cannabis locations in the world
  • 2020E Guidance
    • ~$44M Retail Revenue
    •   ~$21M Wholesale Revenue
    • ~$62M – ~65M Total Revenue

For more information about the company, please check out the Harborside Inc  hub on AGORACOM.

Hollister Biosciences Inc. (HOLL:CSE) (HSTRF:OTC) (HOB: FRANKFURT) is a multi-state cannabis company with products in 230 dispensaries throughout California and over 80 dispensaries throughout Arizona, translating into the following great success:

  • Revenues $USD
    • Q1 +317%  YoY to $862,000
    • Q2 +3685% YoY to  $8,500,000
  • TOTAL Q1 AND Q2
    • REVENUE                 $9.4M vs $428K     = + 2096%
    • GROSS PROFIT        $1.2M vs ($133K)   = + 1002%

In addition to organic sales, Hollister has several high-level partnerships that demonstrate how trusted the Company is within the industry, including:

Hollister is also the creator of California’s most hash-infused pre-roll HashBone

For more information about the company, please check out the Hollister Biosciences Inc. hub on AGORACOM.

Innocan Pharma Corporation (INNO: CSE) (IP4:FSE) is developing the pharmaceutical guided missile to defeat coronavirus lung infections. The company specializes in the development of new drug platforms which combine unique properties of Cannabinoids.

3 Fully Operating Divisions For Investor Diversification

Innocan has 3 fully operating divisions to address the market for Cannabis products.  As a Cannabis investor, why limit yourself to a Company with just one specialty, when Innocan offers you exposure to both the exploding world of cannabis pharma, as well as, a portfolio of patent-pending and launch ready consumer health products.

  1.  PHARMACEUTICAL – THE GUIDED MISSILE – Revolutionary technology targeting lungs infected with coronavirus or other viral infections.
  2. CONSUMER RETAIL – DERMA COSMETICS – A premium derma cosmetics brand, manufacturing has commenced with distribution agreements in place.
  3. OVER THE COUNTER (OTC) PRODUCTS FOR PAIN RELIEF – patent-pending CBD pain relief brand received FDA technical validation.

Global Manufacturing / Distribution Agreements

  • Endless Sky Inc. a Canadian large scale Cannabis extractor (Manufacturing and Distribution – Canada)
  • Swiss CBD provider Cloud 9 Switzerland LLC (Distribution – Italy and Switzerland)
  • Active Therapeutics Ltd of Lancashire, United Kingdom (Distribution – UK and Ireland markets)

Superior Management Team

In the small cap world, the jockey(s) that drive the horse are just as important as the horse itself.  The InnoCan Leadership Group Is Incomparable In The Small Cap World, Comprised Of Leading Israeli Pharmaceutical Executives including:

  • Executive Chairman (Ron Mayron) was the CEO Of Teva Israel, one of the largest generic pharmaceutical companies in the world
  • Co-Founder & VP Business Development (Yoram Drucker) was the Founder of 2 NASDAQ Companies (Pluristem & Brainstorm)
  • Chief Technology Officer (Nir Avram) is a former member of the pharma innovation team at Perrigo, producer of OTC consumer goods and specialty pharma.
  • Chief Executive Officer (Iris Bincovich) has a proven track record in opening global markets, having managed hundreds of successful transactions in OTC, cosmetics and dermatology.

Together they have built one of the most formidable teams in the small cap cannabis world

For more information about the company, please check out the Innocan Pharma Corporation hub on AGORACOM.

Spyder Cannabis Inc. (SPDR :TSXV) is a Cannabis, Vape and CBD retailer with three retail business units.

  1. SALE OF CANNABIS PRODUCTS – The Company has TWO cannabis dispensaries currently in operation. The first being a location in Calgary, Alberta and the second in Niagara Falls. Both dispensaries are located in busy commercial hubs. The management team is currently evaluating several additional locations in both Alberta and Ontario where it intends to expand the Spyder Cannabis brand’s footprint.
  2. SALE OF HEMP CBD (US) Company is also pursuing the sale of Hemp based CBD products from locations in the USA.
  3. SMOKING CESSATION PRODUCTS IN ONTARIO The company sells electronic cigarettes, E-juice and accessories for the “vape” business from five Canadian retail locations; Woodbridge, Scarborough, Pickering, Niagara Falls and Burlington, Ontario. Spyder has established itself as a savvy retailer.

For more information about the company, please check out the Spyder Cannabis  hub on AGORACOM.

Thoughtful Brands, Inc. (TBI: CSE)( 1WZ1: FWB)( PEMTF: OTCQB) is a global natural health products and eCommerce technology company that is operating at full throttle. 

  • Acquired eCommerce retailers with combined total sales of approximately $29,000,000 with an EBITDA of approximately 12.5%.
  • Current customer base of over 200,000 customers with additional leads of over 600,000 potential new customers
  • Enhanced eCommernce solution through Unified Funding’s software which facilitated over $350 million in consumer transactions (CAD $93.8 million) in 2019 from more than one million paying customers.
  •  Low-cost production will be vertically integrated into retail brands to achieve up to 20x margin increase.

We’ll let these revenue numbers speak for themselves.

  • August 2020 CAD $3,809,000
  • July 2020 CAD $2,340,000
  • June 2020 CAD $2,712,000

The above represents an increase of 19%, over the same period in 2019.

QUARTERLY REVENUE $CAD

  • Q1 $7,600,000 Growth
  • Q2  $12,800,000 Growth 

TOTAL Q1 AND Q2

  • REVENUE  $20,400,000
  •  GROSS PROFIT  $2,154,357

The company has its sights set on European expansion through a joint venture with Franchise Cannabis Corp. The company will now sell and market Franchise-manufactured CBD, hemp and cosmetic products in the European Union, Switzerland, Norway and the UK, utilizing its eCommerce platform.

The company also completed acquisition of Verrian, which owns and operates a 110,000-square foot pharmaceutical manufacturing facility in Radebuel, Germany. This acquisition will assist the company in tapping into the burgeoning market for psychedelics as Verrian specializes in developing psychedelic derived medicines for treatments for addictions, including opioids and alcohol.

For more information about the company, please check out the Thoughtful Brands hub on AGORACOM. 

TransCanna (TCAN:CSE) (TH8:FSE) owns a 196,000 square foot cannabis Facility, the largest known fully licensed cannabis facility in California.

  • CAD $24.9M  Revenue Run Rate from 10,000 sq.ft  test facility
  • CAD $90M Annual Revenue expected from first full year of production at Fully Licensed Daly Street Facility.
  • Acquired two California companies,
  • High-end award winning edible producer Soldaze
    • Premium indoor cultivator and distributer Lyfted Farms
  • Lyfted Farms products sold in select Cookies Locations – The most recognizable name in high-end Cannabis.
  • 2019 California Cannabis sales over $3B, industry currently fragmented 
  • Direct to dispensary model, cutting out the middleman

 REVENUES  $CAD

  • Q1  $906,000
  • Q2  $4,300,000

 TOTAL Q1 AND Q2

  • REVENUE     $5,206,000    
  • GROSS MARGIN $1,920,000

For more information about the company, please check out the TransCanna hub on AGORACOM.

Thanks for reading and discovering these great small cap cannabis companies.  Please be sure to visit the AGORACOM Small Cap Cannabis Gateway often to stay up to date with new companies at:

https://agoracom.com/portal/Small-Cap-Marijuana-Cannabis-Stocks

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Posted in AGORACOM Small Cap Stocks For Investment, All Recent Posts, Avicanna Inc., Empower Clinics Inc., Featured, Hollister Biosciences, Innocan Pharma Corporation, Spyder Cannabis Inc., Thoughtful Brands Inc., TransCanna Holdings Inc. | Comments Off on 8 Small Cap #Cannabis Companies That Will Lead The Next Growth Cycle For The $97 Billion Market By 2026 $AVCN.ca $CBDT.ca $HBOR.ca $HOLL.ca $INNO.ca $SPDR.ca $TBI.ca $TCAN.ca

Rare Flawless Diamond Found in Canadian Mine Fetches $20.9M at Auction SPONSOR: Arctic Star $ADD.ca $RIO $DIAM.ca $NAR.ca $MPVD.ca

Posted by AGORACOM at 10:26 AM on Thursday, October 8th, 2020
Arctic star logo

Arctic Star Exploration is currently exploiting the Diagras Diamond Property, NWT. Adjoined by both Diavik and Ekati Mines, Arctic has combined known data on Diagras with modern Gravity and EM geophysical survey techniques to delineate viable Kimberlite targets. Arctic Star is currently preparing a drill program for 2020. CLICK HERE FOR MORE INFO

  • The 102.39-carat stone went to an unnamed telephone bidder for HK$122 million, or nearly $20.9 million in Canadian money.

HONG KONG, CHINA — An exceedingly rare 102-carat flawless white diamond sold for nearly $20.9 million at an online auction in Hong Kong on Monday evening.

Described as “completely flawless” by auctioneer Sotheby’s, the 102.39-carat stone went to an unnamed telephone bidder for HK$122 million in an auction held online because of the coronavirus pandemic.

“The buyer of this diamond has bagged a bargain,” said Tobias Kormind, managing director of online jeweller 77 Diamonds.

During a time of economic uncertainty, he said, “savvy investors are currently falling over themselves to acquire alternative safe haven assets like diamonds, property and gold”.

Only seven other white diamonds bigger than 100 carats and of the same quality have ever gone under the hammer.

The stone was sold without a reserve price, meaning the diamond went to the highest bidder and did not need to meet a minimum threshold, the first time in auction history that a diamond of this calibre has been offered that way.

The tactic can be risky but can also generate a buzz that sellers hope will elevate the final price.

In this case, the seller’s move was “a brave decision that has come back to bite them”, according to Kormind.

Originally a 271-carat rough stone, the gem was discovered in the now-closed Victor Mine in northern Ontario in 2018.

“(The) diamond is the best of the best when it comes to exceptional white diamonds and it is difficult to overstate its rarity and beauty,” said Sotheby’s worldwide jewellery chairman Gary Schuler ahead of the sale.

In November 2017, the largest diamond ever presented at auction, with more than 163.41 carats, sold in Geneva for more than $33.8 million, fees and commissions included — a global record in this category.

But it is not a record overall for a diamond: in April 2017, the giant “Pink Star” pink diamond sold for $71.2 million at a Sotheby’s auction in Hong Kong.

SOURCE: https://www.ctvnews.ca/lifestyle/rare-flawless-diamond-found-in-canadian-mine-fetches-20-9m-at-auction-1.5133057

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Durango $DGO.ca Identifies Additional Areas of Interest at Windfall Lake, QC $OSK.ca $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM at 10:10 AM on Thursday, October 8th, 2020
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Vancouver, BC – TheNewswire – October 8, 2020 – Durango Resources Inc. (TSXV:DGO) (Frankfurt-86A1) (OTC:ATOXF), (the ” Company ” or ” Durango “) is pleased to report that further to its news release dated September 11, 2020, mechanical trenching has identified additional areas of interest on its Trove Property at Windfall Lake, Quebec

Figure 1 – Mineralized contact volcanic-sediment with carbonate alteration

The new outcrops are located within 100 metres from the first series of planned drill holes on the Trove Property which are designed to test continuity of mineralized trend between two drill intersections of Osisko Mining Inc. (TSX-OSK) ( OSK-UB-18-083 intersected 1.03 g/t Au and 5.13 g/t Au, OSK-UB-18-085 intersected 1.85 g/t Au) as well as near surface geophysical targets with coincident till with gold grains and gold anomalies in the rock samples. The new outcrop is in proximity of the northeast shear zone and is a contact zone of the volcanics and sediments. Mineralization was observed in a felsic dike with pyrite in quartz veining and carbonate alteration on the newly stripped outcrops.

Figure 2 – Biotite-chlorite altered sediment with mineralized quartz carbonate vein

Durango’s technical team recently discovered a northeast trending shear zone on the Trove Property as announced on September 11, 2020. In the Windfall Lake deposit area, the volcanic rocks are intruded by a series of felsic dikes near contacts between volcanic and sediments which host quartz veins with pyrite. The team has also confirmed an important regional deformation northeast shear with carbonate alteration in the wall rock zones that delineate the structural domains.

Mineralized 3-5% fine disseminated pyrite felsic dyke in volcanic near contact with sediment

Additional mineralization was also seen in the nearby sediments represented by pyrite, pyrrhotite and molybdenite in alteration zone (silica, biotite, chlorite and carbonate) including to quartz-carbonate veins.

Channel samples were taken from this new area of interest and have been sent for assay to the SGS Canada lab in Val d’Or, Quebec.

Marcy Kiesman, CEO of Durango, stated, “I would like to thank Durango’s exploration crew for such a great job on Phase I of our fall exploration program at Windfall Lake. The results in the mechanical trenching this month have been eye opening with the discovery of a sizable northeast shear zone, multiple locations with quartz veining and pyrite at surface and important geological indicators near the initial drill targets. The results to date highlight both the quality of our team to quickly perform grass roots work and the potential of our Trove Property at Windfall Lake. We look forward to the analysis of the field data in hopes to continue exploration and drilling into the winter months.”

The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101. The Trove Property has not yet been subject to an NI-43-101 report.

Trove, Quebec

Durango owns 100% interest in the Trove claims, which are surrounded by Osisko Mining Inc. (TSX-OSK), in the Windfall Lake area between Val d’Or and Chibougamau, Quebec. The 1,185 hectare property is compelling due to the coincidence of gold found in tills coinciding with magnetic highs, several Induced Polarization anomalies and two faults crosscutting the property. The fault systems north and south of the Trove, control gold mineralization elsewhere, indicating the Trove has excellent exploration potential. Durango received all the final drill permits for the Trove property in September 2019 and is undertaking its inaugural drill program.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake gold camp in the Abitibi region of Quebec , Canada.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com .

Marcy Kiesman, CEO

Telephone: 604.428.2900 or 604.339.2243

Email: [email protected]

Website: www.durangoresourcesinc.com

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Posted in All Recent Posts, Durango Resources | Comments Off on Durango $DGO.ca Identifies Additional Areas of Interest at Windfall Lake, QC $OSK.ca $BTR.ca $SII.ca $TLG.ca

REMINDER: Avicanna $AVCN.ca $AVCNF to Present at Live Growth Opportunities Investor Conference 10:30AM ET Today $WEED.ca $CL.ca $HEXO.ca

Posted by AGORACOM-JC at 9:21 AM on Thursday, October 8th, 2020
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Avicanna Inc. to Present at Live Growth Opportunities Investor Conference October 8th

REGISTER NOW AT: https://bit.ly/3lcIUNp 

Avicanna Presentation time: 10:30am

Avicanna is a Canadian vertically-integrated biopharmaceutical company developing and commercializing various cannabinoid-based products for the global market place. When we say vertically integrated, we mean it.  Avicanna has 4 fully operating divisions to address the entire market for Cannabis products.  As a Cannabis investor, why limit yourself to a Company with just one specialty, when Avicanna offers you exposure to the entire vertical. LEARN MORE.

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Posted in All Recent Posts, Avicanna Inc., Featured | Comments Off on REMINDER: Avicanna $AVCN.ca $AVCNF to Present at Live Growth Opportunities Investor Conference 10:30AM ET Today $WEED.ca $CL.ca $HEXO.ca

TransCanna’s $TCAN.ca Crop Management Services Division Celebrates Breaking Ground at its First Managed Facility $CGC $ACB $APHA $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 9:13 AM on Thursday, October 8th, 2020
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  • Provides update regarding the deployment of Lyfted Farms’ Crop Services Management Division (or “LFCSMD”) and the contractual agreement to manage the multi-acre commercial cannabis greenhouse facility in Stanislaus County, CA on behalf of Central Valley Growers (previously announced April 21, 2020)
  • Construction has commenced in Patterson, California, for a new 22,000 sq.ft. cultivation facility to be managed and operated by LFCSMD
  • “This is an additional revenue vertical that we intend to perfect and expand, we are very excited to work with the Central Valley Growers team and build a mutually prosperous business”, said TransCanna CEO Bob Blink

Vancouver, British Columbia–(October 8, 2020) – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) is pleased to provide an update regarding the deployment of Lyfted Farms’ Crop Services Management Division (or “LFCSMD”) and the contractual agreement to manage the multi-acre commercial cannabis greenhouse facility in Stanislaus County, CA on behalf of Central Valley Growers (previously announced April 21, 2020). Operating under the wholly-owned subsidiary, Lyfted Farms Inc., construction has commenced in Patterson, California, for a new 22,000 sq.ft. cultivation facility to be managed and operated by LFCSMD.

LFCSMD is very pleased to announce the finalized contract with Central Valley Growers to be the sole operator and distributor for the new state of the art facility. The first phase of operations is scheduled to OPEN January 1, 2021.

“This is an additional revenue vertical that we intend to perfect and expand, we are very excited to work with the Central Valley Growers team and build a mutually prosperous business”, said TransCanna CEO Bob Blink, “Lastly, I am very proud of all parties for staying engaged through the current COVID 19 pandemic, working through the challenges to keep this opportunity moving forwards”, Blink adds.

Central Valley Growers CEO Nav Singh remarks, “we are very excited to see the execution of our partnership with Lyfted Farms, they have an outstanding reputation for cultivating in-demand genetics, and it creates more certainty once product is ready for market.” LFSCMD ‘Higher Standard Farm Management Agreement’ includes the provision of genetic stock, crop cultivation, labor, compliance oversight, and distribution of finished product over an initial 5-year term.

About TransCanna Holdings Inc.

TransCanna Holdings Inc. is a California based, Canadian listed Company building cannabis-focused brands for the California lifestyle through its wholly-owned California subsidiaries.

For further information, please visit the Company’s website at www.transcanna.com or email the Company at [email protected].

On behalf of the Board of Directors
Bob Blink, CEO
604-349-3011

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws or forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs regarding future events of management of the Company. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. This information and these statements referred to herein as “forward-looking statements”, are not historical facts, are made as of the date of this news release and include without limitation estimates and forecasts and statements as to management’s expectations for growth and the commencement of operations of the Company’s Daly facility.

The forward-looking information in this press release is based upon certain assumptions that management considers reasonable in the circumstances, including that operations will commence at the Company’s Daly facility in Modesto, California, as and when expected.

These forward-looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially from any future results, events or developments expressed or implied by such forward-looking statements. Risks and uncertainties associated with the forward-looking information in this news release include, among others, dependence on obtaining and maintaining regulatory approvals, including state, local or other licenses and any inability to obtain all necessary governmental approvals licenses and permits to complete upgrades to its Daly facility in a timely manner; engaging in activities which currently are illegal under U.S. federal law and the uncertainty of existing protection from U.S. federal or other prosecution; regulatory or political change such as changes in applicable laws and regulations, including U.S. state-law legalization, particularly in California, due to inconsistent public opinion, perception of the medical-use and adult-use marijuana industry, bureaucratic delays or inefficiencies or any other reasons; any other factors or developments which may hinder market growth;; reliance on management; and the effect of capital market conditions and other factors (including those related to the COVID-19 pandemic) on capital availability; competition, including from more established or better financed competitors; and the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look, except in accordance with applicable securities laws.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

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Labrador Gold $LAB.ca Announces Start of CSAMT Survey at Kingsway Property $RIO.ca $WHM.ca $SIC.ca $NXS.ca $NVO.ca $CFE.ca $NFG.ca

Posted by AGORACOM at 8:36 AM on Thursday, October 8th, 2020
  • The Kingsway project is located within the highly prospective Gander Gold Belt
  • Along strike to the northeast of Newfound Gold Corp’s gold discovery
  • CSAMT survey consists of 20 line kilometres tarfeting an area of gold anomalies.

TORONTO, Oct. 08, 2020 (GLOBE NEWSWIRE)  Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce that a CSAMT geophysical survey is currently underway at its 77km2 Kingsway Project near Gander Newfoundland. The Kingsway project is located within the highly prospective Gander Gold Belt along strike to the northeast of Newfound Gold Corp’s gold discovery announced earlier this year.

Controlled Source Audio Magnetotellurics (CSAMT) is an electrical geophysical technique that measures resistivity in the subsurface down to depths in excess of 500 metres. The resistivity profiles can be used to target silicification associated with gold mineralization as well as deep structures such as the Appleton Fault Zone.

The CSAMT survey is being undertaken by Clearview Geophysics and consists of 20 line kilometres covering an area of complex structure and significant gold anomalies. The structure is dominated by the Appleton Fault Zone and associated splays and cross faults outlined by a recently completed structural assessment of the district. Geochemical anomalies from previous work covering the survey area include gold values from below detection (0.5ppb) to 800ppb (0.8g/t) in soil, 111ppb to 1,073 ppb (1.1g/t) in till and 7 to 60 gold grains recovered from the till samples.

“We are excited to get the CSAMT survey underway as it will aid us in effectively targeting potential gold mineralization at depth along the Appleton Fault Zone and associated structures,” said Roger Moss, President and CEO of the Company. “It will complement the property wide soil sampling and VLF-EM surveys that are expected to produce anomalies for further follow up by the upcoming initial drilling program.“

The Kingsway gold project covers 77 square kilometres of highly prospective ground in the Gander gold district of Newfoundland in Eastern Canada. The project is located immediately adjacent to New Found Gold’s Queensway project and just 4.5 kilometres along strike to the northeast of their recent discovery of 92.86 g/t gold over 19 metres. (Note that mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property). Most importantly, a recent structural interpretation of the district indicates the project covers approximately 22 kilometres of strike length of crustal scale faults, including the Dog Bay Line and Appleton Fault zone. The Appleton Fault Zone is known to be closely associated with many of the gold occurrences on New Found Gold’s Queensway project. As such, LabGold is the only other company in the district with ground covering this major crustal structure with a demonstrated association with gold mineralization. Prior gold exploration in the area covered by the Kingsway project has shown significant gold anomalies along the Appleton fault zone suggesting it remains a fertile structure for associated gold.

LabGold also announces the granting of 450,000 options to an officer and a consultant of the Company. The options are exercisable at a price of $0.45 for five years.

Roger Moss, PhD., P.Geo., President and CEO of LabGold, a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, has read and approved the scientific and technical information that forms the basis for the disclosure contained in this release.

The Company gratefully acknowledges the Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Kingsway property.

About Labrador Gold
Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada.

In early March 2020, Labrador Gold acquired the option to earn a 100% interest in the Kingsway project in the Gander area of Newfoundland. The property is along strike to the northeast of New Found Gold’s discovery of 92.86 g/t Au over 19.0 metres on their Queensway property. (Note that mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property). In early July 2020, the Company signed an option agreement to acquire a third license to add to the property package which now covers approximately 77 km2. Infrastructure in the area is excellent located just 18km from the town of Gander with road access to the project, nearby electricity and abundant local water.

The Hopedale gold property covers much of the Florence Lake greenstone belt that stretches over 60 km. The belt is typical of greenstone belts around the world but has been underexplored by comparison. Initial work by Labrador Gold has identified a 3 kilometre mineralized section of the northern portion of the belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold.

The Ashuanipi gold project is located just 35 km from the historical iron ore mining community of Schefferville, which is linked by rail to the port of Sept Iles, Quebec in the south. The claim blocks cover large lake sediment gold anomalies that, with the exception of local prospecting, have not seen a systematic modern day exploration program. Results of the exploration to date show gold anomalies in soils and lake sediments over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and over a 14 kilometre long by 2 to 4 kilometre wide east-west trend.

The Company has 93,294,175 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

For more information please contact:             

Roger Moss, President and CEO      Tel: 416-704-8291

Or visit our website at: www.labradorgold.com

Twitter @LabGoldCorp

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Loop Insights $MTRX.ca Selected as the Premier Venue Tracing and Fan Engagement Solution for NCAA College Basketball “Bubble” in Las Vegas $RACMF $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:19 AM on Thursday, October 8th, 2020
https://miro.medium.com/max/3150/1*f9msDHyceA_TbRM30jQhsw.png
  • Announced the signing of its first deal with partner bdG Sports to provide venue tracing and enhanced fan engagement solutions for its #VegasBubble, which will feature NCAA Division I men’s and women’s basketball when the new season launches next month
  • bdG, one of the nation’s leading content providers in college basketball programming, is playing host to multiple men’s and women’s college basketball tournaments as well as non-conference matchups and opportunities for additional regular-season games
  • Labeled the “#VegasBubble,” bdG has worked closely with MGM Resorts to establish comprehensive health and safety protocols for its participants, officials, and game operations personnel with Loop’s venue tracing platform anchoring the overall plan
  • Games are to be played at MGM Grand Garden Arena, Mandalay Bay Events Center, and T-Mobile Arena between November 25 and December 22, 2020, in Las Vegas

VANCOUVER, BC, Oct. 8, 2020 – Loop Insights Inc. (TSXV: MTRX) (OTCQB: RACMF) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive automated marketing, venue tracing, and contactless solutions to the brick and mortar space, announces the signing of its first deal with partner bdG Sports (“bdG”) to provide venue tracing and enhanced fan engagement solutions for its #VegasBubble, which will feature NCAA Division I men’s and women’s basketball when the new season launches next month.

LOOP ALLOWS #VEGASBUBBLE TO ACHIEVE CONTACTLESS AND CASHLESS GOALS TOWARD ECONOMIC RECOVERY FOR LAS VEGAS

The global pandemic has overturned nearly every team’s schedule for the upcoming season. It has created the need for an easily accessible destination location where teams can play under the same health and safety protocols. In response to the revised NCAA Division I 2020-21 season, bdG, one of the nation’s leading content providers in college basketball programming, is playing host to multiple men’s and women’s college basketball tournaments as well as non-conference matchups and opportunities for additional regular-season games.

Labeled the “#VegasBubble,” bdG has worked closely with MGM Resorts to establish comprehensive health and safety protocols for its participants, officials, and game operations personnel with Loop’s venue tracing platform anchoring the overall plan. Games are to be played at MGM Grand Garden Arena, Mandalay Bay Events Center, and T-Mobile Arena between November 25 and December 22, 2020, in Las Vegas.

“Our No. 1 priority in offering up a safe and secure environment for our teams was to have a robust safety plan,” said Brooks Downing, CEO of Kentucky-based bdG Sports. “And as a complementary asset to our testing that we are planning to implement is Loop Insight’s venue tracing. It’s easy to implement and will help ensure that our teams will be safe and secure whether they are in the resort or the gym.”

The added layer of protection requires no app download and only a tap of the user’s device to check-in for protection and alerts. Loop’s SmarTap devices will be installed to log every individual that enters the convention center’s team areas, practice sites, and the arenas. Each individual will check-in using their Loop provided contact tracing wallet pass. In the case a person tests positive during one of bdG’s COVID-19 tests, Loop’s solution allows event staff to quickly identify individuals in proximity to that person and isolate potentially infected individuals as soon as possible for follow-up testing.

Moreover, Loop’s contactless ticketing solution will add a further layer of protection by removing the manual processes associated with ticketing, while also delivering artificial intelligence marketing solutions. This will provide real-time personalized promotions and targeted engagement that reinvent the live fan experience.

“Interest in Loop’s integrated contactless platform by NCAA Division I conferences, schools, and now events have been significant over the past couple of months as they desperately search for best of breed solutions that will allow them to safely restart operations and generate revenue,” said Rob Anson, CEO of Loop Insights. “Being selected for the Vegas bubble is more validation and another major opportunity for Loop to showcase our contactless capabilities on a large-scale project with a global audience. With this agreement, it is fair to say that Loop continues to be the leader in live venue contactless technology.”

CHANNEL RESELLER PARTNERSHIP WITH BDG SPORTS YIELDS IMMEDIATE BIG RESULTS

On August 13, Loop announced a channel reseller partnership with bdG Sports, a leading representation, event management, and public relations firm operating within the global sports marketing industry. bdG Sports is one of the largest college basketball content providers in the United States, having managed NCAA Division I tournaments across North America, including destination tournaments in Southwest Florida, Las Vegas, Canada, and The Bahamas.

Additionally, bdG manages two professional golf tournaments on the Korn Ferry Tour in the Caribbean and has an extensive background with both the LPGA and PGA TOUR. The firm boasts relationships with brands such as Nike, ESPN, Gatorade, and MGM Resorts International. As a result of COVID-19, these staple events and many other bdG events have been disrupted, with no plans for commencement without a solution for fans, athletes, and staff’s safety.

The partnership’s purpose is for Loop’s contactless tracing & ticketing solution to provide bdG sporting events with an opportunity to commence and provide economic recovery for clients. This first and significant announcement to implement Loop into bdG’s #VegasBubble in just 45 days into the partnership is a powerful testimony to the need for Loop’s contactless solution capabilities.

Brooks Downing states, “many, within our extensive network of business, are desperately searching for innovative solutions that will allow them the opportunity to support a safe environment for fans, staff, and athletes, but also optimize their revenue streams that warrant the restart of operations. Loop effectively solves both of these problems with its leading venue tracing solution, which will provide the confidence needed as teams decide to restart their schedules. And while this tool will allow fans to return to events, Loop’s contactless, artificial intelligence marketing solutions will provide personalized promotions and targeted engagement, leading to higher conversions and transaction revenue at all events. This level of personalized omnichannel marketing is incredibly valuable for our clients’ resumption plans.”

BDG PROVIDES DIRECT ACCESS TO ITS LIVE GLOBAL SPORTING EVENTS AND ITS LARGE NETWORK OF CLIENTS WITHIN NBA, NHL, NCAA, AND PROFESSIONAL GOLF

In addition to implementing Loop’s contact tracing product into its current and future events, bdG Sports also plays host to major global sports events and will be implementing Loop’s solutions. Additionally, bdG will represent Loop as a reseller to its current and future clients and enables direct access to the bdG Sports’ client base, which the Company anticipates will accelerate its growth opportunities in the sports industry.

“This is a major opportunity for Loop as live event operators are looking for two things that we can immediately solve: first, they are desperately looking to safely re-open facilities in efforts to save their respective seasons, and secondly, they are looking for new line revenue opportunities to offset the losses from reduced fan capacity in stadium,” Anson said.

Watch Loop CEO, Rob Anson and bdG Sports CEO, Brooks Downing discuss their new partnership https://youtu.be/cL5wfYNO-Qs

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A https://agoracom.com/ir/LoopInsights/forums/discussion

About bdG Sports:
bdG Sports is a representation, event management, and public relations firm operating on an international platform within the sports marketing industry. bdG manages multiple college basketball and college hockey events in the United States each season with events in Southwest Florida, Las Vegas and The Bahamas. bdG’s golf division manages the season-opening tournaments of the Korn Ferry Tour each January in The Bahamas, hosts premium Pro-Ams throughout the year and launched the Unbridled Tour mini-tour series in 2020. For more information, visit www.bdglobalsports.com or follow on @bdGlobalSports on Twitter, Facebook or Instagram.

About Loop Insights:
Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia.

Forward-Looking Statements/Information:

This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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VIDEO – Empower Clinics $CBDT.ca Acquires Testing Lab And Lands First COVID-19 Testing Contract For Major Film & TV Studio $VPT.ca $ADK.ca

Posted by AGORACOM-JC at 6:42 PM on Wednesday, October 7th, 2020

Sometimes, you just have to let the numbers speak for themselves.  With 165,000 patients, Empower Clinics (CBDT:CSE) (EPWCF:OTCQB) has a database that almost every medical cannabis and CBD company would kill for … but then these numbers came in for the first two quarters:

Revenues $USD 1.7M vs $745,000 = 130% Gain

Patient Visits 12,400 vs 5,500 = 125% Gain

CBDT has now delivered growth in 4 successive financial reports (Q4, FY 2019, Q1 and Q2), so it is safe to say that superstar CEO Steve McAuley can officially claim victory on the turnaround he inherited in 2019.

But he is far from done.

In the last 36 hours, Empower announced:

1.  The acquisition of an 8,000 sq ft lab in Dallas (they do everything big over there) that can process 4,000 COVID-19 tests per day.  At the lowest price of $USD 80 per test and operating on just 1,000 tests per day, the clinic would deliver $USD 80,000 in revenue PER DAY.  We will let you do the math with the combination of higher prices + more tests per day.

2.  An agreement to run 1,000 COVID-19 RT-PCR Tests for a major film & TV studio, which could lead to much more business if all goes well with this first batch. To this end, the lab has already processed tests for six different film and television productions since September 1st (prior to the acquisition) and continues to build both confidence and credibility within the industry.

It doesn’t take much to see that the lab has the potential to take Empower to a whole new level.  Specifically, if you’re an investor in Well Health (WELL:TSX) and/or CloudMD (DOC:TSXV) you have to start taking a serious look at Empower as the next great potential health and wellness company.  It’s already proven solid revenues and growth from its clinics, is expanding its telemedicine practice very nicely and now has the power to quickly generate significant enterprise level revenues from its newly acquired medical diagnostics laboratory … which is already bearing fruit just 24 hours after the acquisition.

Can McAuley pull it off?  First consider what he has already accomplished after inheriting a catastrophe of a company in early 2019.  Secondly, McAuley is Six Sigma certified under the quality initiative of legendary GE (General Electric) Chairman Jack Welch. We’ve never seen a Six Sigma certified CEO in the Canadian small cap markets. Never …. which explains how McAuley has been able to guide Empower Clinics through the most disruptive retail environment in recent history and turn it into significant growth through Q2 2020 … with some jet fuel now added here in Q4.

And if you MISSED Well Health and CloudMD, you really need to take a close look at Empower as the next great small cap health & wellness company.

Watch this interview or listen by Podcast on Apple, Google, Spotify or your favourite podcaster.

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MEDIA: Augmented Reality #AR Takes Sports Engagement to the Next Level – ImagineAR $IP.ca $IPNFF $SEV.ca $VST.ca $YDX.ca $NTAR.ca

Posted by AGORACOM-JC at 2:25 PM on Wednesday, October 7th, 2020
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ImagineAR Inc. (CSE: IP, OTCQB: IPNFF, Forum) is a developer of augmented reality, (AR), platforms that are proving to be transformative for how we engage – and experience – immersive digital marketing campaigns.

This Canadian AR Company recently signed a five-year partnership with the National Football League’s AlumniAcademy to create a custom platform for the Academy to engage and activate players, coaches, and sponsors to connect with football fans around the globe. Adding to this news, the Company just signed a two-year partnership agreement with Valencia CF of Spain’s La Liga league, one of the biggest soccer clubs in the world with seven million social media followers. There is a lot to digest here, and we are joined by Imagine AR CEO Allen Paul Silverrstieen to find out more ….

Click here to download the episode.

SH: Thank you for joining us. The Imagine AR platform has immense applications for any business or a sports organization to instantly create their own AR mobile campaigns. So, in general terms, can you just run us through how this works?

APS: Absolutely. We we’ve invested over the years into a self-service AR platform, this AR platform, augmented reality, as you mentioned, allows any company, any business, any person to create an immersive experience on a digital phone targeting either consumers or we specialize also in sports to their fans. So this platform allows companies or teams to utilize their existing content, whether it be movies, images, coupons, whatever, and engage consumers directly in their handset and with today’s environment, a COVID-19, it’s a safe and healthy way with social distancing to excite people, get them involved, build a community and ultimately drive revenue.

SH: So many sports experiences are now virtual. Like you said, a given social distancing guidelines, this could soon become the new norm, correct?

APS: Oh, absolutely. And as you can see from our recent deals, including LA Liga’s team Valencia, they have over 7 million fans worldwide and COVID is certainly impacted them in terms of having any fans in stadium. So, they were looking for an engagement tool to build a community, drive sponsorship revenue, and to keep building out their reputation, their brand. So, Franco Segarra, who is their CIO, we met through, uh, the GSSC, which is a Microsoft sport organization in Spain. He understood AR ready. So, what we did with our platform and immediately saw the opportunity similar to that, you said, it’s going to be the norm. So that is something we’re implementing with him, our AR SDK, which is a software development kit. So our entire augmented reality platform immediately integrates with their existing platform to allow their fans, to share these experiences in social and fully integrating building rewards and other kind of re uh, I guess, programs, custom programs within the RAF and their fans. And it is something we’re pursuing here in North America, which we just announced, as you mentioned, the NFL alumni, starting with the Academy, but also work with a number of other teams as well.

SH: The Academy has a huge task to fill hundreds of vacant spots over a season, all due from injuries. Uh, this really seems to streamline the process.

APS: Yes, we, we do two things with the NFL alumni. It’s a five-year revenue partnership deal. Initially they have the Academy, which they want to be like the minor leagues of NFL. So really between the division one and top colleges and their talent and the NFL to have players who may not be on the roster, but are NFL ready? The Academy just started up and running this week. They’ve got a full camp they’re hand selected. I think it’s somewhere around the mid twenties and players, and we’re providing activations in the locale for them, for the coaches, and then taking it as they continue forward into the NFL. So, it’s a way to really provide a communication platform for these players, as well as most importantly, for the NFL Academy to engage fans as well as the community, as they continue forward. Additionally, imagine you are built a custom platform for the Academy that allows all 32 NFL teams to access. So, when they are looking for a player, whether it’s offense or defense, they can access our platform. We custom built for the Academy, see the videos of players, see the reviews, the comments, and then select players based on what they see. So it’s really an entire religion of that. Initially is going to start with the alumni in the Academy, but we see it growing further with all the chapters they have over 30 plus chapters throughout the United States with players and build out new AR activations with very famous and former players throughout the United States.

SH: Imagine AR also recently appointed a former Portland Trailblazers, CIO, Chris dill, as an advisor to bring your platform to professional sports teams like this. Uh, can we expect more partnerships like this? Like the one with the NFL in the future?

APS: Oh, absolutely. And that’s a good question. So, Chris dill, having him join was a big step for us crystal. I met him about a year and a half at a conference. We were both speaking at, he actually was a moderator. He is really considered one of the top sports tech people in North America. And we’ve been speaking over a year and a half into him. Finally, come in, join our team as an advisor and work with us is a real vote of confidence and validation of our augmented reality platform for the sports industry. We expect to continue to grow with him and his relationships and have partnerships like the NFL alumni like we have with Valencia and through 2020 and beyond to build out sports. But we will be going into other areas. Our platform has the ability to apply, whether it be retail, whether it be property owners, whether it be publishing any type of environment. So, we do expect partnerships similar to the ones we did to date that we’ve announced, which are revenue sharing partnerships over long-term as well as into new vertical markets.

SH: Like we spoke about at the top. Uh, you just signed a two-year agreement with Valencia CF to become an innovation partner and provide your AR platform for a fan activation and engagement. So, being such a popular soccer club, uh, what opportunities could this create for your company?

APS: Well, having them involved, Valencia was a big win for us. A it brought us into Europe, certainly into Spain as well. Obviously, the LA Liga, the league of which Valencia is a part of is significant, has lots of teams and millions and millions and hundreds of millions of fans everywhere. And I think Valencia will become our premier client like the first reference accounts. So we expect it to grow from getting them up and running successful as our proven case to really go into other soccer organizations, not only in Spain, but throughout Europe and the rest of the way,

SH: Bringing sports clubs closer to their fans and introduce these unique experiences, could potentially be applied to just about any sports club.

APS: It’s all about engagement and community. And when you look at sports and certainly, with COVID, a tremendous health issue that we’re going to be facing for certainly the next year, if not longer. And bringing fans back in a stadium teams, got to engage. These fans, keep them excited about the team, keep them updated, build a community. And ultimately at the end of the day, it’s drive revenue. Our augmented reality platform imagine they are. And the SDK allows the teams to engage their fans and sell merchandise, offer discounts and offer unique experiences that can be brought right into the home as well. So we’re excited for starting with sports, but we think sports is going to bring us, the brands is going to bring us other opportunities and other vertical markets, again, not only here in North America, but around the world. And augmented reality is expected to grow significantly. There’s a lot of analysts out there. We follow one analyst in particular, Digi Capitalist. They said, despite COVID 19, they expect the existing market of AR, which is $4 billion to grow to 48 billion in four years. So, we do see a lot of major growth for our platform that we’ve invested in, built in here with sports, but also into entertainment and other areas.

SH: I wanted to ask you about that. When you envision the future of augmented reality and marketing, just as an industry in general, what do you picture?

APS: I think as we go further, mobile AR will continue to grow and expand. You’ve got major companies like Snapchat snap that does a tremendous amount of AR Facebook has gotten in Instagram, has gotten in. So the education hurdles being overcome, there’s a lot of uses and they are, that are starting to grow and out there. This is a big market opportunity in a couple of years, as we’ve heard, and maybe even sooner, uh, Apple’s going to come out with Apple AR glasses. Facebook is committed to Facebook AR glasses. That’s going to be the paradigm shift when people start putting on glasses, which will be tied to their phones through Bluetooth and have AR activations visually wherever they go, whether they’re walking through the middle of a city, they see advertisements, they could see movie trailers have the opportunity to purchase tickets while they’re doing that as well.

That’s going to be the, the real future. And Tim cook, CEO of Apple has been quoted multiple times and conferences. And even most recently, I believe in Ireland, uh, early the Sierra that he believes AR will be the next big thing, just like the mobile phone. So, our expectations are extremely big. We see exponential growth out there. We have a really tight and big sales pipeline and is growing as we speak. And we’re pretty optimistic for our future as the only pure play augmented reality tech company in the market for investors today in North America and around the

SH: Thank you for joining us today, to talk about all things AR in the NFL. It’s really exciting to hear about what you’ve accomplished and what you have coming.

APS: Thank you very much. We appreciate you taking the time. And, uh, we look forward to having the opportunity maybe to speak in a while and discuss some more of the deals and opportunities that we’re bringing to market. Thank you and be safe.

Source: https://stockhouse.com/opinion/interviews/2020/10/05/augmented-reality-takes-sports-engagement-to-next-level

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$ZeU.ca Announces Name Change to ZeU Technologies $HUT.ca $BITF.ca $GLXY.ca $HIVE.ca

Posted by AGORACOM-JC at 1:43 PM on Wednesday, October 7th, 2020
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  • Will complete its corporate name change to ZeU Technologies, Inc. effective on or about Thursday, October 15, 2020.

Montreal – October 7, 2020 – ZeU Crypto Networks Inc. (CSE:ZEU) (CNSX:ZEU.CN) announces, following the approval at the annual and special shareholders meeting on August 28, 2020, it will complete its corporate name change to ZeU Technologies, Inc. effective on or about Thursday, October 15, 2020.

The Canadian Securities Exchange listing of the Corporation’s common shares will commence trading under the new name with the same symbol “ZEU” following the issue of the CSE’s bulletin to dealers.

The Corporation’s new CUSIP number will be 98955W108 , and the new ISIN will be CA98955W1086. There is no change to the Corporation’s share structure.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

Frank Dumas
President & CEO

About ZeU

ZeU Crypto is a forward-thinking Canadian technology Corporation which has developed a state-of-the-art blockchain protocol, providing the foundation for the next-generation of crypto networks. Thanks to its high level of sophistication, ZeU’s technology maximises transparency, security and scalability as well as big data management. ZeU’s strategy is to monetise blockchain transactions in diverse sectors such as payment, gaming, data and healthcare.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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