Agoracom Blog

Empower Clinics $CBDT.ca Launches Nationwide Digital Health Platform $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 7:28 AM on Monday, April 13th, 2020
  • Commences tele-medicine services for patients, both in-clinics and virtually through secure video, on browser and in mobile app
  • Company will begin offering digital access to physicians, using the newly launched tele-medicine platform, for a variety of physician based consultations

VANCOUVER, BC / April 13, 2020 / The Company through its Sun Valley Health division, commences tele-medicine services for patients, both in-clinics and virtually through secure video, on browser and in mobile app.

With its base of 165,000 patients, the Company will begin offering digital access to physicians, using the newly launched tele-medicine platform, for a variety of physician based consultations.

“The COVID-19 Pandemic has forever changed the interaction between physicians and patients, requiring immediate advancement in technology solutions, that offer safe interactions to a vast array of patient needs.” said Steven McAuley, Chairman & CEO of Empower Clinics Inc. ” Our team are fast-tracking progressive technology, products and service options, to support the needs of our patients, our staff, and our community.”

Sun Valley digital health initiatives are moving forward with safe and secure physician-patient interactions, starting with a combination of in-clinic virtual kiosk based physician visits, and full tele-medicine virtual consultations based on patient availability. A nationwide roll-out in the U.S. has the potential to reach in excess of 329 million people, based on the most recent U.S. census data. https://www.census.gov/popclock/

The Company has made changes to clinic operations and patient management based on the most recent recommendations from the (CDC) Centers for Disease Control and Prevention, and their guidance for healthcare facilities.

https://www.cdc.gov/coronavirus/2019-ncov/healthcare-facilities/guidance-hcf.html
https://www.cdc.gov/coronavirus/2019-ncov/healthcare-facilities/index.html

ABOUT EMPOWER

Empower is a vertically-integrated health & wellness brand with it’s first hemp-derived CBD extraction facility under development, the Company produces its proprietary line of cannabidiol (CBD) based products and distributes products through company owned and franchised clinics, with wholesale partnerships, online channels and with new retail opportunities nationwide in the U.S. The company is a leading multi-state operator of a network of physician-staffed wellness clinics, focused on helping patients improve and protect their health, through innovative physician recommended treatment options. The company has commenced activity on how to connect its significant data, to the potential of the efficacy of alternative treatment options related to hemp-derived cannabidiol (CBD) therapies.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

CONTACTS:

Investors:Steven McAuley
CEO
[email protected]
604-789-2146

Investors: Dustin Klein
SVP, Business Development
[email protected]
720-352-1398

For French inquiries: Remy Scalabrini, Maricom Inc., E: [email protected], T: (888) 585-MARI

DISCLAIMER FOR FORWARD-LOOKING STATEMENTS

This news release contains certain “forward-looking statements” or “forward-looking information” (collectively “forward looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements can frequently be identified by words such as “plans”, “continues”, “expects”, “projects”, “intends”, “believes”, “anticipates”, “estimates”, “may”, “will”, “potential”, “proposed” and other similar words, or information that certain events or conditions “may” or “will” occur. Forward-looking statements in this news release include statements regarding; the Company’s intention to open a hemp-based CBD extraction facility, the expected benefits to the Company and its shareholders as a result of the proposed acquisitions and partnerships; the effectiveness of the extraction technology; the expected benefits for Empower’s patient base and customers; the benefits of CBD based products; the effect of the approval of the Farm Bill; the growth of the Company’s patient list and that the Company will be positioned to be a market-leading service provider for complex patient requirements in 2019 and beyond. Such statements are only projections, are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including; that the Company may not open a hemp-based CBD extraction facility; that legislative changes may have an adverse effect on the Company’s business and product development; that the Company may not be able to obtain adequate financing to pursue its business plan; general business, economic, competitive, political and social uncertainties; failure to obtain any necessary approvals in connection with the proposed acquisitions and partnerships; and other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned not to place undue reliance on the forward-looking statements in this release, which are qualified in their entirety by these cautionary statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements in this release, whether as a result of new information, future events or otherwise, except as expressly required by applicable laws.

Datametrex $DM.ca Secures Additional $250,000 Contracts

Posted by AGORACOM-JC at 7:23 AM on Monday, April 13th, 2020
  • Secured contracts for approximately $250,000 CAD with two existing client
  • First contract is for $130,000 CAD with one of LOTTE Group of companies, Global Logistics division
  • Second contract for approximately $120,000 CAD is with Hyosung Corp., and is a continuation and expansion of the original contract announced last year

TORONTO, April 13, 2020 — Datametrex AI Limited (the “Company” or “Datametrex”) is pleased to announce that it has secured contracts for approximately $250,000 CAD with two existing clients. The first contract is for $130,000 CAD with one of LOTTE Group of companies, Global Logistics division. The second contract for approximately $120,000 CAD is with Hyosung Corp., and is a continuation and expansion of the original contract announced last year.

“This is exciting for the team as we continue to execute on our “land and expand” strategy with global conglomerates. We look forward to continuing to build on the trust we have gained with them going forward. We are proud to be able to continue to secure new business despite the global restrictions as a result of COVID-19, our team is doing a great job working remotely to add value for our stakeholders,” says Marshall Gunter, CEO of the Company.

About Datametrex AI Limited

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com).
Additional information on Datametrex is available at: www.datametrex.com

For further information, please contact:

Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

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.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

AGORACOM Companies Making Big News Over Last 10 Days Despite COVID-19 $CBDT.ca $BTRU.ca $HOLL.ca $NAM.ca $MOTA.ca $PRMO.ca $DM.ca $PYR.ca

Posted by AGORACOM-JC at 8:00 PM on Sunday, April 12th, 2020

Dear AGORACOM Members, we hope this message finds your families well.  We also want to wish Happy Easter and Happy Passover to those that are celebrating.

During this turbulent time, our job now more than ever is to bring you the small cap companies that are actually thriving in order to help you discover your next great company.  Thanks to our focus on quality over quantity, AGORACOM clients have been operating exceedingly well and we are very happy to provide you with the following highlights over the last 10 days (in reverse chronological order):

* Empower Clinics (CBDT:CSE) Up 55% On 4.5M Shares Traded – Clinic Patient Visits Up 478% In Q1 (NEWS + VIDEO)

* BetterU Education (BTRU:TSXV) UP 37% On 1M Shares Traded – Closes Deal With USA Paramount For Enterprise Skills Development (NEWS + VIDEO)

* Hollister Biosciences (HOLL:CSE) Up 60% on 4M Shares – Acquisition Adds $16.4M Rev / $2.5M EBITDA (NEWS + VIDEO)

* New Age Metals (NAM:TSXV) 2.9M Ounces Of Palladium Equivalent Is Why Eric Sprott Owns 18.5% (VIDEO)

* Mota Ventures (MOTA:CSE) Acquires Over 20,000 Customers in March, Launches New Immune Support Product Line (NEWS + VIDEO)

* Primo Nutraceuticals (PRMO:CSE) Up 100% On 2.6M Shares – Signs Acquisition LOI with Celebrity brand Beauty Kitchen (NEWS)

* Datametrex A.I. (DM:TSXV) Hired By US Government Agencies On COVID-19 / Coronavirus Fake News and Disinformation (NEWS + VIDEO)

* PyroGenesis (PYR:TSXV) Receives $550K Under an Exclusive Agreement with a US Tunneling Company (NEWS)

We know that most of you have seen most of these headlines on our front page – but make sure to never miss a timely piece of news by also adding us into your social media streams on Twitter and Facebook.

Finally, look for some big news and changes coming to AGORACOM in the next 60 days.  We are going to be bigger and better than ever!

Stay Home. Stay Safe. Keep Our Heroes Healthy.

Regards,

George et al.

Where is the #CBD Market Headed? – SPONSOR: Hollister Biosciences $HOLL.ca $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca $FAF.ca

Posted by AGORACOM-JC at 5:52 PM on Thursday, April 9th, 2020

SPONSOR: Hollister Biosciences Inc. (HOLL:CSE) A vertically integrated cannabis company with products in 220 California dispensaries and joint ventures, licensing agreement & partnerships with global brands. The company recently closed $20 MILLION deal with Venom Extracts adding $CDN 16.4 million in revenue and $CDN 2.48 million in EBITDA. Learn More

Where is the CBD Market Headed?

  • After hemp was legalized for growth and cultivation with the passing of new legislation in 2018, the CBD market erupted with new products and companies looking to take advantage of the new space
  • As of 2019, CBD sales increased by around 133%, to the tune of over $1 billion. That’s right; one billion. The market has plenty of consumer demand to back it up, and Americans are loving their CBD

By: Guest Contributor

With the last few years’ success in the CBD industry, new investors, everyday people, and seasoned investors alike are working to get their hands into one of the fastest-growing markets in the US. The CBD space is full of new providers and products, and new ones are arising each year.

As the research receives more and more funding, we’re learning all kinds of new information about CBD and its effects on the body and mind; and not much of that information is negative.

With so much demand for CBD oil and other products, it’s no surprise that people are looking to get rich by investing in the industry. But there’s still the question of whether or not it’s a good idea to invest in CBD. Let’s take a closer look at the industry, so you can decide whether or not investing in it is the right move for you.

CBD’s Benefits and Popularity

For decades, the Cannabis plant, from which CBD is derived, was outlawed, shamed, and viewed as an addictive and dangerous drug. This is mostly because THC is also derived from Cannabis, which causes the “high” that comes with smoking marijuana or ingesting THC-infused oils and edibles.

CBD is an entirely different cannabinoid, and both CBD and THC are just two of many cannabinoids found in the Cannabis plant. Each cannabinoid interacts with the body’s cannabinoid receptors in a different way, but it would take another article entirely to explain them all.

The bottom line? CBD doesn’t get you high, and industrial hemp must contain less than 0.3% THC to even be legally grown or cultivated.

CBD has been found to offer many benefits to humans and pets alike; among these are:

  • Pain relief
  • Anti-inflammatory properties
  • Counteracts the effects of THC
  • Useful in addiction recovery
  • Managing anxiety disorders and stress
  • Calming effects on the brain
  • Increase focus and concentration

The benefits of CBD products far outweigh the minor side effects, and preliminary research has yielded promising results for the future of CBD. If you want to buy CBD to give it a try, you’ve chosen the right time to start! There are hundreds of varieties available, but not all CBD is created equal.
Quality Matters in CBD

If you’re thinking of investing in the CBD space, you’ll want to put your money towards a product that exceeds others in terms of quality. The higher the quality of the CBD extract, the more potent it is.

Lower-quality extracts aren’t as effective, and if the producer is using imported hemp, you run the risk of contaminating your CBD with pesticides and other chemicals from foreign countries. The US has some strict guidelines on growing hemp, and the top providers in the industry use only organically-grown domestic hemp to extract their CBD.

The Market So Far

After hemp was legalized for growth and cultivation with the passing of new legislation in 2018, the CBD market erupted with new products and companies looking to take advantage of the new space. As of 2019, CBD sales increased by around 133%, to the tune of over $1 billion. That’s right; one billion. The market has plenty of consumer demand to back it up, and Americans are loving their CBD.

Some estimates put the market at around $20 billion by 2022, but more conservative estimates put it somewhere around half that. It’s estimated that by 2024, the market will be worth $10 billion, and that’s not something investors can ignore.

The demand for CBD products only continues to increase as the years go by, so at this point, the only way to know for sure where CBD is headed is to wait and see.

That being said, the market shows potential for growth and continues to gain traction as more and more people try and love CBD products. This makes for an excellent investment opportunity if you know what you’re doing and where to put your money.

Among specialized dispensaries, even general retailers are starting to carry CBD. You may have noticed your local grocery stores, department stores, and even convenience stores carrying CBD oil and other CBD products.

This surge in CBD availability does present an issue, however; the producers are struggling to keep up.

The Quick-Buck Types

As with any industry, there are those looking to make a quick buck by ignoring quality standards and putting out a sub-par product just to get it on the shelves and into the hands of paying customers.

With little regulation on CBD products from government agencies, the standards in the industry are generally set by the top providers, and can’t exactly be enforced.

This leads to general flooding of the market with sub-par products, and many of those “off brands” end up on store shelves as retailers try to get their hand in the CBD market. Many CBD providers are working very hard to ensure their products meet certain standards, and those are the companies you’ll want to keep your eye on.

Where To Next?

The market seems to only be headed upward as time passes. With more money for research and much less stigma surrounding CBD and cannabis, there is the potential for massive growth as the public slowly shifts its opinion on the plant itself. With projections in the billions of dollars for the future, it’s safe to say that this market has a bright future ahead of it.

Not to mention, the better we understand CBD, the better it can be marketed. We’ve already found dozens of incredible benefits for the human body, and we’re sure to find more as our understanding of CBD evolves. We just have to be patient and wait for the research!

In the meantime, the market is flourishing and is expected to flourish well into the 2020 decade. If you’re looking to invest your money in a market that can offer significant ROI and stability, CBD might just be it. Always consult with an expert first, though. You wouldn’t want to put your money into the wrong startup!

Source: https://www.bigeasymagazine.com/2020/04/06/where-is-the-cbd-market-headed/

Indian #Edtech’s Demonetisation Moment? Online Learning Takes Off Under Quarantine – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 5:23 PM on Thursday, April 9th, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

Indian Edtech’s Demonetisation Moment? Online Learning Takes Off Under Quarantine

  • Over 91% of the world’s student population is out of school currently
  • This has led to a surge of users on online learning platforms
  • Startups are looking to convert this temporary surge into a permanent customer base
  • As per The Future Of India’s $2 Bn Edtech Opportunity Report 2020 by DataLabs by Inc42, the Indian online education market is expected to become a $1.96 Mn opportunity

By: Kritti Bhalla

Indian education system might be one of the oldest in the world, but it is definitely not the most technologically advanced in the world. But this coronavirus outbreak has brought out a different side of learning and school education with the proliferation of edtech products and services. From local schools to colleges and universities, everyone is gunning for the new reality — online learning.

With almost 91% of the world’s student population out of school for the foreseeable future, many have said it’s time to take traditional education to another technologically advanced level. After all, for how long will the education of the students get affected by lockdowns, war, natural disasters and other such situations?

Mrinal Mohit, chief operating officer at BYJU’s, believes that learning from home has gained utmost importance more than ever before due to temporary school closure. “Students need a holistic and reliable solution that helps them continue learning from the comfort of their homes.”

Following China’s footsteps, Indian edtech startups and educational institutions have also emerged as leaders in ensuring that digital learning becomes a viable option for more students regardless of their capacity to afford online learning. In fact, edtech has ensured that education is one of the last things to get impacted by the pandemic. Whether it’s schools going online, or online classes going free, every stakeholder is doing their bit to keep the cycle of education running.

For Indian edtech startups, this means a sudden influx of online users, engagements and startups. It’s similar to what played out in the Indian market soon after demonetisation in 2016, when digital payments and the cashless economy got a major boost. Can India’s edtech startups capitalise on this momentary surge?

As per The Future Of India’s $2 Bn Edtech Opportunity Report 2020 by DataLabs by Inc42, the Indian online education market is expected to become a $1.96 Mn opportunity, rising from $247 Mn in 2017. In the financial year 2018, the gross merchandise value (GMV) of edtech startups was above $120 Mn, a surge of 48% compared to FY17.

The Numbers Behind Edtech Growth

BYJU’s, which is one of the most valued edtech startups in the world, has noted a 150% surge with 6 Mn new students on the platform in March 2020. The company has noted the hike in both metro and non-metro regions.

Meanwhile, other edtech platforms have also been noting increase, especially after school started shutting down as a precautionary measure to tackle the coronavirus pandemic. Prime Minister Narendra Modi’s announcement for a 21-day-lockdown led to another spike in the users opting for online learning platforms.

For instance, upGrad claimed that it started noting an exponential growth in usage from February 24 to March 2, with almost 34% hike compared to the previous week. Then, in the first week of March, the company’s traction went up by 75%. Moreover, the enquiries on the platform have also increased by 50% from 2,500 to 3,800 per day.

Doubtnut, which is a video-based Q&A platform, has also noted a 76% in engagement time and 72% in the questions asked and 75% between March 20 to April 5th. The company also elaborated that it has noted a 107% increase in Beetia, 52% in Muzaffarpur, 70% in Allahabad, 29% in Hyderabad and 34% in Vizag and 187% in Vijayawada.

Meanwhile, test prep startup Testbook has noted seven lakh transactions in the last 10 days and over 150x free users in the same time period. Simplilearn has also highlighted that it has witnessed a 20% increase in terms of volume and a 100% hike in usage. Whereas, Gradeup has noted an increase of 25% to 45% users, with JEE and NEET courses gaining high tractions. LidoLearning has also witnessed a 25% hike.

Khan Academy, on the other hand, 130% year-on-year (YoY) surge between March 29 to April 5. In the same time period, the company has also noted a 1000% YoY increase in parents, 700% YoY increase in teachers and 450% YoY increase in students.

Monthly learning time on the platform in March increased by 50% YoY.  The company also noted that until last year, March was the month where the company would face a drop in usage due to term-end exams, boards and schools preparing for summer holidays.

Meanwhile, Vedantu highlighted that it adds over 50K paid users on its platform annually. However, the company has added 100K new users in just 10 days. Besides this, Vedantu is also noting a 42% user stickiness on the platform, compared to 54% of paid users.

The company also noted that there has been a high session attendance of 70% from the free users. Overall, the company has seen a surge of 52x in the number of users signing up till date, while it has noted a 10x growth since March 12.

The Bengaluru-based online tutoring startup has raised INR 96 Cr ($12.5 Mn) in an extended Series C funding round led by global investment firm Legend Capital. Vedantu’s existing investors Omidyar Ohana Holdings LLC also participated in the round.

Online open course platform Coursera, on the other hand, has noted a 325% YoY hike in new registration, 284% YoY in overall enrollment and 1747% hike in public health content in the last 30 days till April 3. Overall, the company has over 53 Mn registered learners worldwide, 2100 enterprise partnership and 4,100 active courses. In India, Coursera has 5.9 Mn registered learners.

K-12 learning startup Toppr has also noted a 100% growth in free user engagement in the last month. Meanwhile, growth in time spent on Toppr by students of senior classes (10-12) is double that of junior classes (6-9).

Read More: https://inc42.com/buzz/indian-edtechs-demonetisation-moment-online-learning-takes-off-under-quarantine/

Global News Article Featuring Datametrex $DM.ca Work For US Government on #Covid19

Posted by AGORACOM-JC at 11:18 AM on Thursday, April 9th, 2020

TORONTO, April 09, 2020 — Datametrex AI Limited (the “Company” or “Datametrex”) is pleased to share a link to an article released by Global News on April 8, 2020 highlighting the important work the Company completed for the US Government to identify foreign involvement in the social media discussions surrounding COVID-19 and Coronavirus.

“It’s exciting for us as a company to attract mainstream media attention on the work we do. My team is very proud to be one of the pieces used to protect democracy from propaganda in social media. Since releasing the COVID-19 report for the US government, we have had many interviews with journalist and we look forward to continuing to share our technology and findings in this fashion,” says Marshall Gunter, CEO of the Company.

About Datametrex AI Limited

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com).
Additional information on Datametrex is available at: www.datametrex.com

For further information, please contact:

Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

Jeff Stevens- Co-Founder
Phone: (647) 400-8494
Email: [email protected]

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.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

Excess Money Supply Has Been Like Miracle-Gro For Gold Prices SPONSOR: Loncor Resources $LN.ca $ABX.ca $TECK.ca $RSG $NGT.to $GOLD $NEM

Posted by AGORACOM at 10:19 AM on Thursday, April 9th, 2020

Sponsor: Loncor, a Canadian gold explorer controlling over 2,400,000 high grade ounces outside of a Barrick JV. The Ngayu JV property is 200km southwest of the Kibali gold mine, operated by Barrick, which produced 800,000 ounces of gold in 2018. Barrick manages and funds exploration at the Ngayu project until the completion of a pre-feasibility study on any gold discovery meeting their Tier One investment criteria. Newmont $NGT $NEM owns 7.8%, Resolute $RSG owns 27% Click Here for More Info

This image has an empty alt attribute; its file name is Loncor-Small-Square.png
  • 285 stimulus measures have been announced around the world in the past eight months
  • Japan, which only this week declared a state of emergency, approved a $1 trillion relief package

The $2.2 trillion coronavirus relief package that President Donald Trump signed into law on March 27 is just the beginning. The Treasury Department is now seeking some $250 billion more to replenish small business loans, and there’s hope that the president and House Democrats can agree on a “Phase Four” spending deal, one that may target infrastructure. Trump has asked for $2 trillion.

And that’s just the U.S.

According to Evercore ISI’s Ed Hyman, as many as 285 stimulus measures have been announced around the world in the past eight months, “the most ever by a wide margin.” Japan, which only this week declared a state of emergency, approved a $1 trillion relief package on Tuesday.

Last month I predicted that at least $10 trillion would be spent to mitigate the economic impact of this virus, and it appears as though we’re already there, with much more to go. And this is all before considering monetary stimulus in the form of near-zero rates and quantitative easing (QE).

The U.S. economy is being flooded with excess money and liquidity right now. Compared to the same period a year ago, M2 money supply––which includes not just cash but also savings deposits, money market funds and other “near” money––has increased some 12 percent, the most in more than 10 years.

Money Supply Flowing Into Physical Gold

All this excess liquidity has to go somewhere, and historically it’s acted as Miracle-Gro for gold prices. Look at the chart below. There’s a clear correlation between the annual growth rate in M2 money supply and the price of the yellow metal. In the times when money supply surged from the same period a year earlier, gold prices followed.

Gold touched its all-time high of $1,900 an ounce in 2011 when M2 money supply growth soared above 10 percent year-over-year. With supply growth now at 12 percent––and likely headed higher––liquidity has flowed into physical gold as well as paper gold. On Monday, spot gold traded above $1,700 for the first time since December 2012. The next test, I believe, is $2,000, and as I’ve said before, $10,000 gold isn’t crazy.

Gold ETF Inflows Smash Records

Global exchange-traded funds (ETFs) backed by physical gold notched a new all-time record in the first quarter of 2020, attracting 298 metric tons, or net inflows of $23 billion, for a total of more than $164 billion, according to a report by the World Gold Council (WGC). That’s the highest ever in U.S. dollar terms for a quarter and the most in tonnage terms since the first quarter of 2016, after the start of the current

U.S. Global Investors

The WGC expects the recent drivers of gold to persist, including “widespread market uncertainty and the improved opportunity cost of holding gold as yields move lower.”

“With the Fed taking interest rates to zero for the foreseeable future, gold could do well as it tends to outperform during easing cycles,” the group writes. “Additionally, multi-trillion dollar fiscal stimulus policies to combat the economic impact of COVID-19 could prove inflationary––a development that could support gold prices in the long run.”

So far inflation in the U.S. has been moderate, despite earlier expectations that Trump’s tariffs and the U.S.-China trade war would push up consumer prices. But I agree that the global $10 trillion+ stimulus effort will have a noticeable impact on the prices of goods and services, which could be constructive for gold.

Precious Metal Royalty and Streaming Companies Have the Cushion to Weather the Coronavirus

There are other ways to get exposure to gold and precious metals, of course. I believe the best way is with royalty and streaming companies, led by heavyweights Franco-Nevada, Wheaton Precious Metals and Royal Gold, with a combined market cap of close to $40 billion as of April 7.

These companies, as I’ve shared with you many times before, are not the ones spending money to develop a project. They simply put up the capital, and in exchange, they enjoy either a royalty on whatever the miner produces or rights to a stream of metal supply at a fixed, lower-than-average cost.

While they enjoy a lot of the upside potential when gold prices are rising, royalty companies share very little of the downside potential with producers and explorers when the metal is in decline. Royalty companies are better insulated from bear markets because they have a diversity of high-quality active mines in their portfolio.

The superiority of their business model can be seen in the chart below. Whereas the universe of publicly traded precious metal miners had an average gross profit margin of 20.7 percent as of December 2019, the three top royalty and streaming companies had one of 45.7 percent, or more than twice the amount. This, I believe, gives them an adequate cushion to weather the coronavirus downturn.

U.S. Global Investors

For full disclosures pertaining to this post click here.

SOURCE: https://www.forbes.com/sites/greatspeculations/2020/04/08/excess-money-supply-has-been-like-miracle-gro-for-gold-prices/#30566fb6be41

Datametrex $DM.ca Provides Additional Information On Its Co-Bid To The Ministry of Health In South Korea Surrounding #Covid19

Posted by AGORACOM-JC at 7:29 AM on Thursday, April 9th, 2020
  • Lotte Group was one of two companies invited to bid on a contract to provide Artificial Intelligence (“AI”) solutions to the South Korean Ministry of Health- Welfare, Food, & Drug, related to the COVID-19 pandemic
  • Lotte Group has invited Datametrex, a preferred vendor of Lotte, to participate in the bid and to provide the AI technology, should Lotte Group’s bid be successful

TORONTO, April 09, 2020 – Datametrex AI Limited (the “Company” or “Datametrex”) would like to provide additional information to our shareholders and the investment community on a joint venture with Lotte Group announced in the Company’s press release on April 6, 2020.

Lotte Group was one of two companies invited to bid on a contract to provide Artificial Intelligence (“AI”) solutions to the South Korean Ministry of Health- Welfare, Food, & Drug, related to the COVID-19 pandemic. Lotte Group has invited Datametrex, a preferred vendor of Lotte, to participate in the bid and to provide the AI technology, should Lotte Group’s bid be successful. The contract is for the implementation of AI solutions to monitor search engine and SNS welfare, food, and drug beneficiaries that will allow the South Korean government to monitor potentially fraudulent activities with COVID-19 related grants. The AI solution required by the South Korean government will also filter incorrect and unreliable information allowing the Ministry of Health and Welfare to gain a better understanding of the COVID-19 pandemic and enable it to maximize efficiency of its human resources.

In the event Lotte Group is awarded the contract, a joint venture will be formed between Lotte Group, Datametrex, and KT Net, a corporation owned and controlled by the South Korean government. If Lotte Group bid is successful, the parties to the proposed joint venture have agreed to establish a joint venture company (“JV Co.”) with Lotte Group owning 75% of the equity in JV Co., Datametrex owning 15% and KT Net owning 10%. Under terms agreed by the parties, Lotte Group would contribute approximately $450,000 to JV Co., Datametrex will provide its proprietary AI technology and KT Net will provide private blockchain technology. The total revenue expected to be earned from this contract is approximately $1.2M annuum, and Datametrex expects to receive its proportionate share of the revenue after payment of JV Co.’s expenses. There is no assurance that Lotte Group will be successful in its bid.

About Lotte Group

The Lotte Group is an international conglomerate consisting of over 90 business units employing 60,000 people engaged in such diverse industries as candy manufacturing, beverages, hotels, fast food, retail, financial services, heavy chemicals, electronics, IT, construction, publishing, and entertainment.

About Datametrex AI Limited

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Additional information on Datametrex is available at: www.datametrex.com.

For further information, please contact:

Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

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.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

#CBD #Edibles Market to Exhibit an Astonishing CAGR of 24.30% – SPONSOR: Hollister Biosciences $HOLL.ca $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca $FAF.ca

Posted by AGORACOM-JC at 6:00 PM on Wednesday, April 8th, 2020

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CBD Edibles Market to Exhibit an Astonishing CAGR of 24.30%

  • Data Bridge Market Research analyses the market to account to USD 5160 million by 2027 growing at a CAGR of 24.30% in the forecast period
  • Rising global healthcare spending is expected to enhance the market growth

By Data Bridge Market Research

The CBD Edibles Market report comprehensively studies market definition, market segmentation, competitive analysis and key developments in the market. It comprises of fundamental, secondary and advanced information related to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2020 – 2027. It includes an extensive research on the current conditions of the industry, potential of the market in the present and the future prospects from various angles. Thus, the transparent, reliable and extensive market information of this CBD Edibles report will definitely develop business and improve return on investment (ROI).

Data Bridge Market Research analyses the market to account to USD 5160 million by 2027 growing at a CAGR of 24.30% in the forecast period. Rising global healthcare spending is expected to enhance the market growth.

An Overview of the Impact of COVID-19 on Particular Market:                   

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

CBD Edibles Market Overview 2020-2027: Some of the factors such as rising production of hemp, increasing awareness about the health advantages of cannabis, rising demand from the healthcare industry, and legalization of cannabis in the various industries is expected to enhance the CBD edibles market in the forecast period of 2020 to 2027. High cost of the CBD products and presence of stringent regulations is expected to hamper the market growth in the mentioned forecast period.

Global CBD Edibles Market Scope and Market Size

CBD edibles market is segmented of the basis of source type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

o Based on source type, the CBD edibles market is bifurcated into hemp and marijuana.

o The application segment of the CBD edibles market is segmented into personal care & cosmetics, pharmaceutical, food & beverage and others.

The Global CBD Edibles Market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The market Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments. The data and the information regarding the CBD Edibles industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts.

Global CBD Edibles Industry 2020 Market Research Report is spread across 350 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

Source: https://sciencein.me/2020/04/08/cbd-edibles-market-to-exhibit-an-astonishing-cagr-of-24-30-industry-size-share-demand-growth-segmentation-and-future-insights-2020-2027/

‘Fake news’ increases consumer demands for corporate action – SPONSOR: Datametrex AI Limited $DM.ca

Posted by AGORACOM-JC at 5:20 PM on Wednesday, April 8th, 2020

SPONSOR: Datametrex AI Limited (TSX-V: DM) A revenue generating small cap A.I. company that NATO and Canadian Defence are using to fight fake news & social media threats. The company is working with US Government agencies on Covid19 and Coronavirus fake news and disinformation Click here for more info.

‘Fake news’ increases consumer demands for corporate action

  • “The strongest finding was that consumers expect corporations to take responsibility for combating fake news, even if the company in question was a victim of the fake news story,” Cheng says.
  • “Anyone can spread fake news on social media, and the expectation from consumers is that affected companies should play an active role in addressing it.”

by Matt Shipman, North Carolina State University

New research finds that “fake news” inspires consumers to demand corrective action from companies—even if the company is a victim of the fake news story. The study also supports the idea that most people feel they are better at detecting fake news than other people are—and found that fake news increases calls for improved digital media literacy.

“The idea that I am less influenced by fake news than you are is an example of something called the third-person effect,” says Yang Cheng, first author of the study and an assistant professor of communication at North Carolina State University.

“The third-person effect predicts that people tend to perceive that mass media messages have a greater effect on others than on themselves, and we found that this effect is pronounced among consumers who use social media. We also found that the third-person effect plays a significant role in how people respond to fake news online.”

For this study, the researchers enlisted 661 study participants from across the United States who identified as being Coca-Cola consumers. The researchers first gave the participants an example of a fake news story that circulated in Facebook in 2016, which (falsely) claimed that Coca-Cola had recalled bottles of its Dasani-brand water due to the presence of aquatic parasites. The researchers then asked study participants a range of questions designed to ascertain how the participants felt about fake news and what they felt should be done to address it.

“The strongest finding was that consumers expect corporations to take responsibility for combating fake news, even if the company in question was a victim of the fake news story,” Cheng says. “This is news that public relations professionals can use. It highlights the need for communication professionals to step up and take an active role in responding to fake news items. That could mean collaborating with reporters to provide them with accurate information, or making correct information directly available to the public, or both. But it suggests that simply being quiet and waiting for the crisis to blow over may be unwise.

“Anyone can spread fake news on social media, and the expectation from consumers is that affected companies should play an active role in addressing it.”

The study also found that consumers wanted more to be done to improve media literacy, and that media users should be taught how to evaluate media critically.

The researchers also found that the most powerful factor in triggering these responses from consumers appeared to be the third-party effect. In other words, the people who were most confident in their ability to detect fake news felt most strongly that other people would be influenced by fake news. And highly-confident consumers were the most likely to call for corrective action from corporations and improved media literacy efforts.

“This is an observational study, not an experimental one, so we cannot establish causal relationships,” Cheng says. “But the demand for corporate action is clear—and it is most strongly correlated with the third-person effect.”

Source: https://phys.org/news/2020-04-fake-news-consumer-demands-corporate.html