Posted by AGORACOM
at 3:36 PM on Wednesday, March 11th, 2020
SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% of the high-grade La Loutre graphite Property, Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information
Tesla shares dropped by over 13% yesterday, amid continuing concerns
about the coronavirus outbreak and a steep drop in oil prices.
Musk’s announcement comes at a time when several large automakers are making moves into the electric vehicle sector.
Tesla has
produced 1 million electric vehicles, according to the firm’s CEO Elon
Musk, who congratulated the “Tesla team†on the milestone via a tweet.
News of the landmark figure came after Tesla shares dropped by over 13% yesterday,
amid continuing concerns about the coronavirus outbreak and a steep
drop in oil prices. The Nasdaq Composite index, on which Tesla is
listed, fell 7.3 percent on the day. In extended hours trading Tuesday,
Tesla shares were over 10% higher
Currently, Tesla offers four models of electric vehicle: the Model 3
and Model S, which are sedans, and the Model Y and Model X, which are
types of SUV. Deliveries of the Model Y are due to start by the end of
this quarter.
Musk’s announcement comes at a time when several large automakers are making moves into the electric vehicle sector.
Towards the end of last year, the German company announced that 500,000 of its electrified cars had been sold.
At the time, CEO Oliver Zipse said that the business “was stepping up
the pace significantly†and aiming to have one million electric vehicles
on the road “within two years.â€
China’s electric car market is the biggest on the planet: a little
over one million electric cars were sold there in 2018, according to the
IEA, with Europe and the U.S. following behind.
Posted by AGORACOM
at 3:02 PM on Wednesday, March 11th, 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
Maurice Jackson of Proven and Probable speaks to Bob Moriarty of
321gold about his thoughts on the current financial markets and
investment opportunity
Excerpt:
Maurice Jackson:……Staying in the Southern Hemisphere, let’s visit the Congo, where you just introduced Loncor Resources (TSX:LN). Sir, who is Loncor Resources, and what is the opportunity they present to the market?
Bob Moriarty: Here’s what’s absolutely amazing, I’m
glad you brought that up. Loncor Resources approached me, I had never
even heard a whisper of the name, I had no clue as to who they were. I
went looking into it, they have an incredibly massive land position, in
the Democratic Republic of Congo, the DRC.
Barrick Gold has several gold mines there, in the Greenstone Belt,
and across the border in Tanzania. Barrick Gold has some of their other
really giant mines. Loncor has, in their wholly owned properties,
resources of about 2.4 million ounces. They’ve got joint venture with
Barrack, on a big piece of their property, like 3000 square kilometers,
which is a really big project. Barrick is funding it to feasibility,
they’re paying everything. Barrick runs the project, and Barrick spends
the money. There are no particular limits on what Barrick can spend,
they can spend anything they want to. They’ve got a drill program that’s
literally starting right now.
If you look at any stock, you want to figure out what the basement
is, what is the lowest price the stock can go to? If you ignored the JV
with Barrick, which would be a foolish thing to do, but if you ignored
it, you’re buying ounces of gold, in the ground, for $19 an ounce, U.S.
So, I don’t think there’s any downside to it. Approximately 70% of
shares are in the top three or four shareholders. I think Loncor
Resources is a great stock, because if you like gold, and I think after
all of the things that I’ve said over the last 15 years, anybody who
doesn’t like gold right now is economically illiterate.
Maurice Jackson: You know, you said that lightly, $19 an ounce.
Bob Moriarty: Yeah, yeah. How can you go wrong? At the stage they’re operating, they should be getting $50 or $60 bucks an ounce.
Now, one of the things that we haven’t gotten into, and we need to
get into is, one, the T-bond, and, two, what I see happening to gold and
gold shares. The T-bond Daily Sentiment Index (DSI), on Friday, hit 98.
That is the highest rating I’ve seen, on the Daily Sentiment Indicator
for any commodity, ever. Therefore, the T-bond’s going to crash, it’s
probably going to take gold with it. Gold had a DSI of 96 a couple of
weeks ago.
Everybody hates it. They act like, “Oh my God, you say that gold’s
going down. My God, I hate you!” The corrections are perfectly normal,
and we’re going to have a correction in gold, and we’re going to have a
correction in palladium, and we’re going to have a correction in
rhodium. We’re going to go into the biggest financial crash in world
history, and most asset classes are going to get sold off. That’s not a
bad thing, that creates opportunity, but you’ve got to be flexible, and
hopefully liquid.
Now, I am not saying, “Go out and sell everything you’ve got.” Every
time I say we’re going to have a correction, “Oh my God, you told me to
sell everything.” Well, that’s not what I said, not at all. I said we’re
going to have a correction. At the end of the correction, gold and
silver and platinum are going to be a lot more valuable. We’re going to
do exactly what we did in 2008. A lot of stocks were down 70% or 80%.
Most of the big ones, the ones that I like, Lion One Metals, Novo Resources, Irving Resources, Barksdale Capital, these stocks are down 30 or 40% since the first of the year, when I said, “Beware of the stock market.”
I’m not saying something’s going to change on Monday with gold shares, gold shares have been going down for two months.
Maurice Jackson: You referenced Jake Bernstein’s work on the Daily Sentiment Index. What are the parameters that you referenced regarding buy and sell indicators?
Bob Moriarty: The DSI measures sentiment. Most
investor look at fundamentals, technicals, worry about the interest
rates, worry about the Fed. That’s all bull. People buy stocks because
of emotions, and they sell stocks because of emotions. If you can
measure those emotions accurately, you’d make a lot of money.
When 98 out of 100 people say something is going to go up, and it
doesn’t make any difference what it is, or what the fundamentals are, or
what the Fed does, or what the economy does, or what interest rates do,
when 98 out of 100 people say something is going to go up, the next
move is down. That is the highest number I’ve ever seen. Anything above
90 says the top is near, and anything below 10 says the bottom is near.
98 is such an extreme measure, that I’m perfectly comfortable saying
that, you and I are talking on Saturday, and on Monday, T-bonds are
going to go down.
Maurice Jackson: Mark the words, there. Which metals have your attention, and why?
Bob Moriarty: Silver and platinum, strange enough, you sent me some information (click here).
There was a fire, an explosion at a platinum processing place in South
Africa, and the real story is the price of platinum is so far below the
cost of production, they’ve got to shut production.
Nobody wants to admit this, everybody’s got their own pet theory, but
the fact is supply and demand does work. You cannot have the price of
any commodity below the cost of production for very long, or things are
going to happen. People are going to shut down production whether it’s
wheat, whether it’s gold, or anything else. The silver gold ratio got
above 100 to 1, that’s the highest it’s ever been. I think it got up to
102, intraday, a week ago. Silver was very cheap, relative to gold, but
that doesn’t mean silver couldn’t correct. I own a lot of silver, and I
own a lot of platinum, and a little bit of gold.
Posted by AGORACOM
at 2:09 PM on Wednesday, March 11th, 2020
Sponsor: Affinity Metals Corp. (TSX-V: AFF) is a Canadian mineral exploration company building a strong portfolio of mineral projects in North America. The Corporation’s flagship property is the drill ready Regal Property near Revelstoke, BC where Affinity Metals making preparations for a spring drill program to test two large Z-TEM anomalies at its Regal Property. Click Here for More Info
Gold is testing its previous 2020 highs, but silver plunged anyway, which created a very special situation. Namely, the gold to silver ratio just jumped to the 100 level.
This may not seem like a big deal, because ultimately people buy
metals, not their ratio, but it actually is a huge deal. This ratio is
observed by investors and traders alike, as it tends to peak at the
market extremes. Moving to the 100 level might indicate that we are at a
price extreme. But what kind of extreme would that be if silver is
declining while gold moved up?
Let’s take a closer look at the gold to silver ratio chart for details.
In early July 2019, the gold to silver ratio topped after
breaking above the previous highs and now it’s after the verification of
this breakout. Despite the sharp pullback, the ratio moved back below
the 2008 high only very briefly. It stabilized above the 2008 high
shortly thereafter and now it’s moving up once again.
It previously moved up relatively slowly, but it jumped to new highs last week and today.
Anything after a breakout is vulnerable to a quick correction to
the previously broken levels. On the other hand, anything after a
breakout that was already confirmed, is ready to move higher and the
risk of another corrective decline is much lower.
The most important thing about the gold and silver ratio chart to
keep in mind is that it’s after a breakout above the 2008 high and this
breakout was already verified. This means that the ratio is likely to
rally further. It’s not likely to decline based on being “high†relative
to its historical average. That’s not how breakouts work.
The breakout above the previous highs was verified by a pullback
to them and now the ratio moved even higher, just as we’ve been
expecting it to.
The true, long-term resistance in the gold to silver ratio is at
about 100 level. This level was not yet reached, which means that as
long as the trend remains intact (and it does remain intact), the 100
level will continue to be the likely target.
We’ve been writing the above for weeks (hence we formatted it with
italics), despite numerous calls for a lower gold to silver ratio from
many of our colleagues. And our target of 100 was just hit today. It was
only hit on an intraday basis, not in terms of the daily closing
prices, but it’s still notable.
We had been expecting the gold to silver ratio to hit this extreme
close or at the very bottom and the end of the medium-term decline in
the precious metals sector – similarly to what happened in 2008.
Obviously, that’s not what happened.
Instead, the ratio moved to 100 in the situation where gold rallied,
likely based on its safe-haven status, and silver plunged based on its
industrial uses.
Despite numerous similarities to 2008, the ratio didn’t rally as much
as it did back then. If the decline in the PMs is just starting – and
that does appear to be the case – then the very strong long-term
resistance of 100 might not be able to trigger a rebound.
It might also be the case that for some time gold declines faster
than silver, which would make the ratio move back down from the 100
level. The 100 level could then be re-tested at the final bottom.
Or… which seems more realistic, silver and mining stocks could slide
to the level that we originally expected them to while gold ultimately
bottoms higher than at $890. Perhaps even higher than $1,000. With gold
at $1,100 or so, and silver at about $9, the gold to silver ratio would
be a bit over 120.
If the rally in the gold to silver ratio is similar to the one that
we saw in 2008, the 118 level or so could really be in the cards. This
means that the combination of the above-mentioned price levels would not
be out of the question.
At this time, it’s too early to say what combination of price levels
will be seen at the final bottom, but we can say that the way gold
reacted recently and how it relates to everything else in the world,
makes gold likely to decline in the following months. Silver is
likely to fall as well and its unlikely that a local top in the gold to
silver ratio will prevent further declines.
Posted by AGORACOM
at 1:44 PM on Wednesday, March 11th, 2020
SPONSOR: ZEN Graphene Solutions: An emerging advanced materials and graphene development company with a focus on new solutions using pure graphene and other two-dimensional materials. Our competitive advantage relies on the unique qualities of our multi-decade supply of precursor materials in the Albany Graphite Deposit. Independent labs in Japan, UK, Israel, USA and Canada confirm this. Click here for more information
A research team at Delft University of Technology has developed a mathematical model that can be used to guide the large-scale production of graphene.
“Our model is the first to give a detailed view of what happens at the micro and nanoscale when graphene is produced from plain graphite using energetic fluid mixing,†says Dr. Lorenzo Botto, researcher at the department of Process & Energy at TU Delft. “The model will help the design of large-scale production processes, paving the way for graphene to be incorporated in commercial applications from energy storage devices to biomedicineâ€.
One of the most promising techniques to produce graphene from
graphite is liquid-phase exfoliation. In this technique, graphite is
sheared in a liquid environment until layers of graphene detach from the
bulk material. The liquid causes the graphene layers to detach gently,
which is important to obtain high-quality graphene.
The process has already been successful in the production of graphene
on laboratory scale, and, on a trial-and-error basis, on larger scales.
It has the potential to be used on industrial scales, to produce tons
of material. However, in order to increase the scale of graphene
production, we need to know the process parameters that make the
exfoliation work efficiently without damaging the graphene sheets.
A research team at TU Delft led by Dr. Lorenzo Botto has developed a
mathematical model to determine those parameters. This model can be
embedded in large-scale industrial process optimisation software or used
by practitioners to choose processing parameters.
“The exfoliation process is difficult to model,†explains Botto. “The
adhesion between graphene layers is not easy to quantify and the fluid
dynamical forces exerted by the liquid on the graphite depend
sensitively on surface properties and geometry.†Team members Catherine
Kamal and Simon Gravelle developed and tested the model against
molecular dynamics simulations, and proved that that the model can be
very accurate. Key to the success of the model is the inclusion of
hydronamic slip of the liquid pushing against the graphite surface, and
of the fluid forces on the graphene edges
Botto: “The model forms the basis for better control of the
technique at any scale. We hope it will pave the way to the large-scale
production of graphene for all kinds of useful applications.â€â€
Posted in All Recent Posts, Zen Graphene Solutions | Comments Off on TU Delft Team Develops Model to Guide Large-Scale Production of Graphene SPONSOR – ZEN Graphene Solutions $ZEN.ca $LLG.ca $FMS.ca $NGC.ca $CVE.ca $DNI.ca
Posted by AGORACOM-JC
at 9:11 AM on Wednesday, March 11th, 2020
Announced the launch of its NORTHBUD branded products into select retailers in Nevada, USA.Â
The products are manufactured through NORTHBUD’s ownership and operating agreement with Nevada Botanical Sciences, Inc., who is licensed for cultivation, manufacturing and distribution
NORTHBUD products will be available in both dried flower and pre-roll formats under the NORTHBUD White, Black and Platinum brands.
TORONTO, March 11, 2020 – North Bud Farms Inc. (CSE: NBUD) (OTCQB: NOBDF) (“NORTHBUD” or the “Company“) is pleased to announce the launch of its NORTHBUD branded products into select retailers in Nevada, USA. The products are manufactured through NORTHBUD’s ownership and operating agreement with Nevada Botanical Sciences, Inc. (“NBSâ€), who is licensed for cultivation, manufacturing and distribution.
NORTHBUD Nevada Launch Strategy Update Prior
to its asset purchase transaction with NORTHBUD, previously announced
on November 19, 2019, NBS had been exclusively servicing white label
customers. Over the past 3.5 months, NBS and NORTHBUD have transitioned
the Nevada operations to focus on NORTHBUD branded flower products,
culminating with the recent launch of NORTHBUD Black 9 Lbs Hammer
(Jinxproof phenotype) in 1 gram, 3.5 gram and 7 gram formats to select
retailers in Reno, Nevada.
Over the coming weeks, the Company intends to expand distribution to
multiple retailers in Northern Nevada and Las Vegas. NORTHBUD products
will be available in both dried flower and pre-roll formats under the
NORTHBUD White, Black and Platinum brands.
With over 45 million visitors a year from all over the world, Nevada
is a key market for building an internationally recognized brand, and
the Company believes that it is the ideal market for the launch of its
NORTHBUD products. The Nevada market is considered one of the largest
and most profitable in North America with recreational sales of USD$580
million in the first full year of legalization (2017 Nevada Dept. of
Taxation).
“The NORTHBUD and Bonfire Brands USA team are extremely proud to have
launched our own branded products, making the state of Nevada our
strategic entry point into the U.S. legal cannabis market,†said Sean
Homuth, CEO of NORTHBUD. “We believe the NORTHBUD brand will offer a
unique variety of products curated for experienced consumers who demand
appropriately priced, high-quality cannabis flower.â€
About North Bud Farms Inc. NORTHBUD,
through its U.S. subsidiary Bonfire Brands USA, has acquired cannabis
production facilities in California and Nevada. The Salinas, California
11-acre farm is actively cultivating cannabis in its 60,000 sq. ft. of
licensed greenhouse production space, and also has active distribution
and processing licenses. The Reno, Nevada property contains a
world-class cannabis production, research and development facility with
5,000 sq. ft. of indoor cultivation, and holds medical and adult-use
licenses for cultivation, extraction and distribution. Through its
wholly-owned Canadian subsidiary, GrowPros MMP Inc., the Company is
pursuing a license under The Cannabis Act, to cultivate in its
state-of-the-art purpose-built cannabis production facility located on
135 acres of agricultural land in Low, Quebec, Canada.
Neither the CSE nor its Regulation Services Provider (as that term is
defined in the policies of the CSE) accepts responsibility for the
adequacy or accuracy of this release.
Forward-looking statements Certain
statements and information included in this press release that, to the
extent they are not historical fact, constitute forward-looking
information or statements (collectively, “forward-looking statementsâ€)
within the meaning of applicable securities legislation.
Forward-looking statements, include but are not limited to those
identified by the expressions “anticipateâ€, “believeâ€, “planâ€,
“estimateâ€, “expectâ€, “intendâ€, “mayâ€, “should†and similar expressions
to the extent they relate to the Company or its management.
Forward-looking statements, including but not limited to, those
regarding the Company’s Nevada strategy, the success of the Company’s
licence application with Health Canada, the Company’s ability to execute
its strategic plan, conditions in the cannabis market, the Company
entering agreements in connection with the B2B supply of cannabis and
the Company’s transition into a revenue-generating operational phase of
development are based on the reasonable assumptions, estimates, analysis
and opinions of management made in light of its experience and its
perception of trends, current conditions and expected developments, as
well as other factors that management believes to be relevant and
reasonable in the circumstances at the date that such statements are
made, but which may prove to be incorrect.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially from any
future results, performance or achievements expressed or implied by the
forward-looking statements. Such risks and uncertainties include,
among others, the risk factors included in the Company’s final long form
prospectus dated August 21, 2018, which is available under the
Company’s SEDAR profile at www.sedar.com.
Accordingly, readers should not place undue reliance on any such
forward-looking statements. Further, any forward-looking statement
speaks only as of the date on which such statement is made. New factors
emerge from time to time, and it is not possible for the Company’s
management to predict all of such factors and to assess in advance the
impact of each such factor on the Company’s business or the extent to
which any factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements. The Company does not undertake any obligation to update any
forward-looking statements to reflect information, events, results,
circumstances or otherwise after the date hereof or to reflect the
occurrence of unanticipated events, except as required by law including
securities laws. This news release does not constitute an offer to sell
or a solicitation of any offer to buy any securities of the Company.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT: North Bud Farms Inc. Edward Miller VP, IR & Communications Office: (855) 628-3420 ext. 3 [email protected]
Tags: Cannabis, CBD, CSE, Hemp, Marijuana Posted in All Recent Posts, Featured | Comments Off on North Bud Farms $NBUD.ca Launches its NORTHBUD Branded Products in Nevada, USA $CGC $ACB $APH $CRON.ca $OGI.ca
Posted by AGORACOM-JC
at 7:02 AM on Wednesday, March 11th, 2020
Entered into a letter of intent on March 9th, 2020 to acquire Alphamind Brands
Company developing legal mushroom based natural health products and conducting R&D in conjunction with accredited universities to develop psilocybin based compounds for drug development
All stock purchase price is anticipated to be CDN$ 1,200,000 with such payment to be made in Hollister common stock
VANCOUVER, March 11, 2020 – Hollister Biosciences Inc.(CSE: HOLL, FRANKFURT: HOB, OTC: HSTRF) (the “Company” or “Hollister“) – a diversified cannabis branding company with products in 220 dispensaries throughout California, is pleased to announce that the Company has entered into a letter of intent (the “LOI“) on March 9th, 2020 to acquire Alphamind Brands ( “Alphamind“), a company developing legal mushroom based natural health products and conducting R&D in conjunction with accredited universities to develop psilocybin based compounds for drug development.
The all stock purchase price is anticipated to be CDN$ 1,200,000 with such payment to be made in Hollister
common stock. The stock price will be determined based on the greater
of the 14-day VWAP (Volume Weighted Average Price) subsequent to
announcing the transaction and $0.20. The acquisition is subject to normal course due diligence.
“We are very pleased to have entered into an LOI to complete this very exciting acquisition”, shared Carl Saling,
Founder and CEO of Hollister Biosciences Inc. “It is a fundamental
value of our company to improve the overall health and performance of
our customers through our high-quality products and the health benefits
associated with medicinal mushrooms are tremendous. Not to mention, it
is our continual objective to broaden our product scope and Alphamind,
with its experienced management team, is a perfect foothold for us in
the fast-growing market for medicinal mushrooms and complements our
existing cannabis and hemp-based product offering.”
“I think we have found a great partner in Hollister”, shared Robert Birmingham,
CEO of Alphamind Brands. “We have medicinal mushroom based product
SKU’s ready to ship and R&D is underway to develop an exciting IP
portfolio surrounding psilocybin based pharmaceutical treatments. Being
under the Hollister umbrella will allow us to access
additional markets and leverage their existing manufacturing and
distribution infrastructure and will be a fundamental part of the future
growth of our business.”
In association with the arm’s length transaction, Hollister will not be assuming any long-term debt and there is no change in Management, or the Board of Directors of Hollister being contemplated at this time.
About Hollister Biosciences Inc.
Hollister Biosciences Inc. is a diversified cannabis company with
multiple, high-quality products now carried in 220 of Indus Holdings
(CSE: INDS), Hollister’s exclusive
distribution partner’s 600 dispensaries. This level of penetration is
expected to grow as the Company accelerates its seed to shelf, high
margin business and product development model.
Capitalizing on this success, Hollister’s vision is to
become the sought-after premium brand portfolio of innovative, high
quality cannabis across multiple states and hemp products nationwide.
Our wholly owned California subsidiary, Hollister Cannabis Co, is the 1st state and locally licensed Cannabis Company in the City of Hollister, California,
the birthplace of the “American Biker” from which we embrace the outlaw
roots of Hollister to drive our Company fearlessly down the road of
success.
Products from Hollister Cannabis Co. include HashBone, the brand’s
premier artisanal hash-infused pre-roll ranked as California’s #1 hash
infused pre-roll, along with solvent-free bubble hash, pre-packaged
flower, pre-rolls, tinctures, vape products, and full-spectrum high CBD
pet tinctures.
Alphamind Brands is a Canada and US based growth stage
company developing a portfolio of legal mushroom based natural health
products as well as conducting R&D initiatives, led by Dr. Nikos Apostolopoulos,
to explore psilocybin based pharmaceutical treatments. The company’s
“ready to ship” product SKU’s include cordyceps, lion’s mane, chaga and
reishi mushroom based: liquid cordyceps, concentrated mushroom powder,
tea, chocolate. The company’s product SKU’s under development include
syrups, elixirs, cold beverages and nasal spray.
Neither the Canadian Securities Exchange nor its Market Regulator
(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 Information: This news release includes certain
statements that may be deemed “forward-looking statements”. The use of
any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”,
“will”, “would”, “project”, “should”, “believe” and similar expressions
are intended to identify forward-looking statements. Although the
Company believes that the expectations and assumptions on which the
forward-looking statements are based are reasonable, undue reliance
should not be placed on the forward-looking statements because the
Company can give no assurance that they will prove to be correct. Since
forward-looking statements address future events and conditions, by
their very nature they involve inherent risks and uncertainties. These
statements speak only as of the date of this News Release. Actual
results could differ materially from those currently anticipated due to a
number of factors and risks including various risk factors discussed in
the Company’s disclosure documents which can be found under the
Company’s profile on www.sedar.com
Posted by AGORACOM
at 12:08 PM on Tuesday, March 10th, 2020
SPONSOR: Mota is seeking to become a vertically integrated global CBD brand. Mota is looking to establish sales channels and a distribution network internationally through the acquisition of the Sativida and First Class CBD brands. Low cost production, coupled with international, direct to customer sales channels will provide the foundation for the success of Mota. Combined total sales of almost $29,000,000 with a EBITDA of approximately 12.5% (2019) . Click Here for More Info
Over
the next five years, the global CBD market is expected to accelerate to
$23.6bn, according to Grand View Research and Europe’s CBD market is
set to grow by 400%.
The growth of the CBD market in Europe is thanks to the growing adoption of CBD infused products in industries such as pharmaceuticals, personal care, cosmetics, nutraceuticals, along with medical applications.
CBD is seeing monumental demand in Europe. In Europe alone, the
market is on course to grow 400% over the next four years, according to
the Brightfield Group.
The legal cannabis industry continues to expand around the world with
major contribution to the market coming from continuous legislative
victories in North America and Europe. In particular, legalisation of
medical cannabis, and decriminalisation in some countries, has led to a
significant decrease in black-market activity, as people are shifting to
legally purchasing cannabis for medical as well as recreational use.
In the meantime, local governments reap the benefits through
taxation. For instance, the state of California had collected a total of
$345.2m in tax revenue from legal cannabis during the first year of
regulated sales in 2018. Revenue generated from these taxes encouraged
the local governments to fund several development programmes for
education and infrastructure.
Medical cannabis
Overall, data by Grand View Research
indicates that the medical segment held the dominant revenue share of
the cannabis market, accounting for 71.0% in 2019. Medical use of
cannabis is strictly categorised as a medicine prescribed by a physician
and the distribution of these medicines is regulated by the government.
However, by 2027, adult-use is expected to become the fastest-growing
segment with adult-use products ranging from a highly potent concentrate
to a simple food ingredient.
In recent years, CBD products have swiftly emerged and the growth of
the CBD market is largely attributed to various medical applications
that are associated with the products. For example, full-spectrum CBD
oil is considered to be a great source of Omega 3 and Omega 6; Omega 3
plays a vital role in creating hormones that regulate inflammation as
well as contractions and relaxation of arteries.
Posted by AGORACOM-JC
at 12:07 PM on Tuesday, March 10th, 2020
Completed a Spectral Analysis survey and a Synthetic Aperture Radar survey over the Sill Lake Lead-Silver Project, Vankoughnet Township, Ontario
The surveys covered all 22 single-cell mining claims as well as the four boundary-cell mining claims owned by the Company’s subsidiary, Canadian Arrow Mines Limited
TORONTO, ON / March 10, 2020 / Tartisan Nickel Corp. (CSE:TN)(OTC:TTSRF)(FSE:A2D) (“Tartisan”, or the “Company”) is pleased to announce that the Company has completed a Spectral Analysis survey and a Synthetic Aperture Radar survey over the Sill Lake Lead-Silver Project, Vankoughnet Township, Ontario. The surveys covered all 22 single-cell mining claims as well as the four boundary-cell mining claims owned by the Company’s subsidiary, Canadian Arrow Mines Limited.
The most abundant minerals on the Sill Lake mining claims were seen
to be saponite, a clay mineral from hydrothermal alteration as well as
orthoclase feldspar and kaolinite, the hydrothermal alteration product
of orthoclase. Principal minerals characteristic of the lead-silver vein
were determined to be galena and goethite. Galena is the principal ore
mineral of the low-alpha lead on the Sill Lake Project, which goethite
is the principal alteration product of sulphides like galena.
As the report notes, “In the centre of the Sill Lake Claims the
lead-silver deposit and underground workings are located. The spectral
analysis survey outlined a number of minerals spatially associated with
the deposit. Using the Target Vector Mineral (“TVM”) overlap technique
for the Sill lake Claims a number of areas of where three and four TVM’s
overlaps were outlined. One area on the claims outlined a general
north-south TVM lead-silver target zone from 65m to 190m wide and
approximately 650m in length.”
The anomaly covers the northern trace of the mineralization and is
centred on boundary cell mining claim 272137 and single-cell mining
claim 297898, with a minor response on claim 206180. Another minor
response on claim 204833, when plotted with the others, may suggest a
separate structure oriented perpendicular to the principal trend of the
Sill Lake lead-silver vein; and along the principal lithological contact
between ultramafic intrusive rocks on the north and mafic volcanic
rocks to the south, with conformable interbedded sedimentary rocks.
Tartisan CEO Mr. Mark Appleby said, “The survey showed us that there
may be much more to the Sill Lake Lead-Silver Project than anyone
previously thought. We plan to follow up the anomalies with detailed
geological mapping and sampling this summer.”
The Company is pleased with the results of the survey and has
requested Aster Funds Ltd to survey and report on the Kenbridge
Nickel-Copper-Cobalt Project as well.
About Tartisan Nickel Corp.
Tartisan Nickel Corp. is a Canadian based mineral exploration and
development company which owns a 100% stake in the Kenbridge
Nickel-Copper Project in Ontario; a 100% interest in the Sill Lake
Lead-Silver project, Vankoughnet Township, Ontario; a 100% interest in
the Don Pancho Zinc-Lead-Silver Project in Peru just 9 km from Trevali’s
Santander mine. Tartisan also owns a 100% stake in the Ichuna
Copper-Silver Project, also in Peru, contiguous to Buenaventura’s San
Gabriel property. The Company also owns a significant equity stake in
Eloro Resources Ltd, which is exploring the low-sulphidation epithermal
La Victoria Gold/Silver Project in Ancash, Peru as well as its recently
acquired Iska Iska property in Bolivia.
Tartisan Nickel Corp. common shares are listed on the Canadian
Securities Exchange (CSE:TN; US-OTC:TTSRF; FSE:A2D). Currently, there
are 100,403,550 shares outstanding (103,103 ,550 fully diluted).
For further information, please contact Mr. D. Mark Appleby,
President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.
Jim Steel MBA P.Geo. is the Qualified Person under NI 43-101 and has
read and approved the technical content of this News Release.
This news release may contain forward-looking statements
including but not limited to comments regarding the timing and content
of upcoming work programs, geological interpretations, receipt of
property titles, potential mineral recovery processes, etc.
Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.
The Canadian Securities Exchange (operated by CNSX Markets Inc.)
has neither approved nor disapproved of the contents of this press
release.
SOURCE: Tartisan Nickel Corp.
Tags: CSE, nickel, nickel demand, stocks, tsx Posted in Tartisan Nickel | Comments Off on Tartisan Nickel Corp. $TN.ca Completes Spectral Analysis and SAR Surveys over Sill Lake Lead-Silver Project and Files Assessment Report $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca
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