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Fintech Trends Everyone Should Look For in 2020 – SPONSOR: #KABN Systems North America Inc.

Posted by AGORACOM-JC at 1:00 PM on Friday, February 21st, 2020

SPONSOR: KABN Systems North America Inc. A Fintech platform focused on Verifying, Managing & Monetizing Online Identity. KABN’s mission is to create a world-class suite of products and services that support the decentralized market economy, globally enabling consumers to manage their digital identity and other data to create value-based relationships in the financial and loyalty services arena.

Fintech Trends Everyone Should Look For in 2020

  • These statistics can’t go wrong as fintech is expected to grow further with companies from around the world pouring in their investments in this sector
  • A report on these shares that investments in the fintech industry is expected to number over $30 billion in 2020.

by Pete McCain

2020 is unofficially considered a defining year for various reasons. Tons of estimations on the growth of industries and sectors across the globe have 2020 as the year, where things will go uphill. Fintech is no exception. Pull out any information or statistics on the growth of fintech, this year stands as the pinnacle of the industry’s growth.

These statistics can’t go wrong as fintech is expected to grow further with companies from around the world pouring in their investments in this sector. A report on these shares that investments in the fintech industry is expected to number over $30 billion in 2020.

With several fintech market players reinvesting in strengthening their service delivery and IT infrastructure, they are involuntarily setting up new trends in the market. They are all becoming increasingly customer-centric, aiming to get more things done in less time with the help of disruptive technologies.

Here, we break downtrends in the fintech industry to look out for in 2020.

Big Data and Artificial Intelligence for Personalization

Speaking of disruptive technologies, we cannot overlook the impact concepts like Big Data, artificial intelligence, machine learning, and deep learning have left on various industries. If an online streaming platform knows more about our movie preferences than our best friend, it is only because of complex artificial intelligence algorithms at work.

With the advent of Big Data, it has also become easier for companies to handle massive amounts of data generation and processing. Now, fintech companies can understand more about us through our online behaviour, browsing history and app usage on our likes and dislikes, preferences, credit and repayment history and more.

With AI being omnipresent across multiple channels, fintech companies are looking to combine the power of both to deliver better services and experiences to their users through personalization. If you’ve been into marketing, you would know the impact personalization has among consumers. With the combination of these two technologies, we can experience a one-to-one, focused banking experience in the coming months.

Blockchain To Shake Up the Industry

Financial institutions have always been eyeing optimum security and safety and with the onset of Blockchain, they are a step closer to achieving this. A decentralized and distributed concept that is fool-proof, Blockchain is everything the fintech industry could ask for. Some of the plaguing concerns in the fintech industry include frauds and identity thefts, which cause billions of dollars of losses to companies every year. With the implementation of Blockchain in this industry, companies can pave the way for a smarter and safer transaction and operation.

Besides, it is also revealed that the investments in blockchain are anticipated to hit $6,700mn by the year 2023. So, in the coming years, we could expect jargons of today like smart contracts, trading shares, identity management and more to become mainstream.

Chatbots

Chatbots are AI-powered bots that replicate human interactions. They have access to the internet and are designed to accurately pull out specific information depending on the question asked. Most of us are already talking to a chatbot in a number of scenarios and we aren’t aware of it. Close to cracking the Turing Test, the implementation of chatbots will continue to soar to new heights in the coming months.

By the year 2023, it is also expected that close to 826 million hours would be saved by banks with their chatbots deployment. Also, over 79% of the successful interactions using chatbots will be through mobile applications in the coming three years.

With the fintech industry being prone to queries and questions from potential leads, new customers, existing customers and others, chatbots are the way forward to save time on redundant tasks and use manpower to focus on niche tasks.

RPA

RPA stands for Robotic Process Automation. In the year 2020, more companies will invest in deploying RPAs into their systems to optimize operations and make service delivery more effective. An advanced version of chatbots, RPA is more like an artificially intelligent colleague working with you at your workplace.

They were one of the biggest trends to watch out for in the year 2018 and in a span of two years, they have become mainstream enough to be deployed in companies. With their implementation, companies can further make their data aggregation and processing more streamlined, offer better customer service, find and fix loopholes in workflow and take care of specific tasks like:

  • Onboarding customers
  • Verifying and conducting background checks
  • Data analytics and reporting
  • Managing compliance processes
  • Assessing risk and more

Cybersecurity

With digital implementation comes enormous risks. That’s a giveaway. When companies, especially fintech companies, go digital in terms of applications and progressive websites, they open up new avenues for attacks and threats. According to research, over 98% of the top 100 fintech companies across the globe have vulnerabilities despite having proper tech infrastructure in place.

There are also issues of identity theft, fraudulent transactions, access to sensitive user data and more in this sector. That’s why cybersecurity stands as one of the priority implementations for the year 2020. Blockchain, AI and other technologies we discussed earlier are all simultaneously working on optimizing security in this sector.

So, these are the top fintech trends to look out for in the year 2020. If you intend to get a fintech app launched, you need to take care of all the factors we just discussed. They are trends because they are inevitable this year.

Source: https://www.paymentsjournal.com/fintech-trends-everyone-should-look-for-in-2020/

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New Charging Stations for Electric Vehicles Coming to Northern Ontario SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 12:29 PM on Friday, February 21st, 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

An Ivy charger on display at the 2020 Canadian International AutoShow in Toronto. Ontario Power Generation photo
  • Ivy Charging Network aims to create the “largest and most connected electric vehicle fast-charger network” in the province.
  • The company is expected to install 160 Level 3 fast-chargers at 73 locations across Ontario, each less than 100 kilometres apart from one another on average, by the end of 2021.

Electric vehicle charging stations are coming to North Bay and Temiskaming Shores as part of a new province-wide network being developed by Hydro One and Ontario Power Generation (OPG).

Media releases from both Hydro One and OPG say they have launched a new company, Ivy Charging Network, which aims to create the “largest and most connected electric vehicle fast-charger network” in the province.

The company is expected to install 160 Level 3 fast-chargers at 73 locations across Ontario, each less than 100 kilometres apart from one another on average, by the end of 2021.

Natural Resources Canada has provided an $8-million repayable contribution, through its Electric Vehicle and Alternative Fuel Infrastructure Deployment Initiative, to help build the network.

The Ivy Charging Network opened its first location in Huntsville in September and an official public launch took place Friday at the 2020 Canadian International AutoShow in Toronto.

“We play a critical role in energizing life in communities across Ontario. This fast-charger network will create a better and brighter future through a greener transportation sector while meeting the evolving energy needs of our customers and all Ontarians,” Hydro One vice-president of customer service and Ivy Charging Network co-president Imran Merali said.

“By entering this growing market in partnership with OPG, Hydro One is expanding our product and service offering to deliver greater value for our customers, employees, communities and shareholders.”

Ivy Charging Network is a limited partnership owned equally by Hydro One and OPG.

The company has chosen Greenlots, a member of the Shell Group, as its service provider to operate and manage the network.

“Having delivered the world’s largest single climate change action to date with the closure of our coal stations, OPG’s clean power serves as a strong platform to electrify carbon-heavy sectors like transportation,” fellow Ivy Charging Network co-president and OPG vice-president of corporate business development and strategy Theresa Dekker said.

“That’s why we’re so pleased to be partnering with Hydro One on an initiative that will broaden the benefits of electrification and provide a reliable, integrated network while ensuring no additional cost to ratepayers.”

Nipissing-Timiskaming Liberal MP Anthony Rota applauded the news on Twitter, while Minister of Innovation, Science and Industry Navdeep Bains said the federal government is committed to supporting projects that will bring the country closer to a “competitive, zero-emissions transportation sector.”

He added that the network will ensure “Canadian-made solutions are at the forefront of solving the global climate change crisis, leaving our children and grandchildren with a healthier planet and cleaner air to breathe.”

SOURCE: https://www.nugget.ca/news/local-news/new-charging-stations-for-electric-vehicles-coming-to-northern-ontario

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Big Opportunity Ahead in Silver? SPONSOR: Affinity Metals $AAF.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM at 11:56 AM on Friday, February 21st, 2020
This image has an empty alt attribute; its file name is Affinity_Metals_Corp_Logo.png

Sponsor: Affinity Metals (TSX-V: AFF) 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. Recent sampling encountered bonanza grade silver, zinc, and lead with many samples reaching assay over-limits. Click Here for More Info

  • Silver is a precious metal with approximately 50% of the demand coming from industrial uses.
  • It is a “high beta” play on the gold price, more sensitive to global growth and the inflation expectations.

I’m on record for a quite bullish call in gold one year ago. As of today, gold trades approximately 20 % or 300 USD higher.

In March 2019, I also tweeted that the silver/gold ratio probably made a low and that I expect silver to at least reach 20 USD in 2019. I was slightly too optimistic, silver made “only” 30 % and hit 19.75 USD.

I have a new strong opinion I would like to share with you.

  • Silver is a precious metal with approximately 50% of the demand coming from industrial uses. It is a “high beta” play on the gold price, more sensitive to global growth and the inflation expectations.
  • The relationship to gold in more detail: at the beginning of a new up cycle in precious metals, silver in general lags gold. Later in the cycle (especially at the end of a certain cycle) silver massively outperforms gold. After the peak, silver starts to underperform again.

After spending quite some time doing research, today’s situation in silver looks similar like late 2003 (blue arrow). But here are my observations:

  • “History doesn’t repeat itself, but it often rhymes.” – Mark Twain
  • The a-b-c is a typical bottoming process, with a retest of the lows (c), a price compression and a well-defined breakout (blue trendline). During this initial stage, silver rather underperforms gold (see 1 and 2 in the silver/gold ratio).
  • Later silver consolidates above the 200-week moving average (blue box), pullbacks finding support at the moving average, exactly like in 2003. Meanwhile, the moving average flattens and even turned upward.
  • The silver/gold ratio also put in a possible bottom and is close to breaking the dashed blue trendline (yellow box).
  • If things repeat in a similar way, expect a huge up move in silver soon. A repeat of 2003-2004 would imply roughly 50 % upside within this year.

How I play it:

  • I already have a position in silver, I will increase the position if silver is able to break and hold above 18.12 USD = higher low. (further confirmation if gold miners break out and the silver/gold ratio breaks the downward sloping trendline)
  • Below 17.48 USD I reduce my position and stay rather defensive until silver is showing strength again.
  • I personally use futures and I will probably add a call option (strike 18 USD; March 2021). For most people, a ETF like SLV is probably a good way to participate.

A word of caution:

  • First, bold predictions often fail. The above mentioned is just my opinion (as of today).
  • Further, history is only a guide. The move may take place later, is not as explosive as in 2003-2004 or will not take place at all.
  • I see a possibility that the recent virus in China has a quite negative impact on global growth and on inflation expectations (S&P500 doesn’t believe it, but copper and oil do). A severe outcome would probably delay this trade setup. Remember, silver is very sensitive to inflation expectations.
  • As already stated, just my opinion and not investment advice. Please do your own analysis. Investing/trading involves substantial risk of loss and is not suitable for all people.

SOURCE:https://vesrock.com/2020/02/16/big-opportunity-ahead-in-silver/

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#Mhealth Device Market is Booming Worldwide – SPONSOR: CardioComm Solutions $EKG.ca – $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 11:30 AM on Friday, February 21st, 2020

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

M-Health Device Market is Booming Worldwide

  • Mhealth field has emerged as a sub-segment of eHealth, the use of information and communication technology (ICT), such as computers, mobile phones, communications satellite, patient monitors, etc., for health services and information.
  • According to an analyst firm, around 2.8 million patients worldwide were using a home monitoring service based on equipment with integrated connectivity

By Orian Research on February 21, 2020

According to a Latest market research report titled, ‘M-Health Device Market’, added on Orian Research. The report has been processed on the basis of a comprehensive analysis with inputs from industry experts. The report presents the market scenario and its potential growth prospects during the forecast period. The report also presents the evaluation of the competitive landscape of the market. The leading strategies, collaborations, innovations, and market revenue of the major players has been elaborated in this report. The approvals and insights on the top companies prevalent in the market will enable the reader to get accustomed with the market opportunities that they can tackle with informed and favorable business strategies

mHealth is an abbreviation for mobile health, a term used for the practice of medicine and public health supported by mobile devices. The term is most commonly used in reference to using mobile communication devices, such as mobile phones, tablet computers and PDAs, and wearable devices such as smart watches, for health services, information, and data collection. The mHealth field has emerged as a sub-segment of eHealth, the use of information and communication technology (ICT), such as computers, mobile phones, communications satellite, patient monitors, etc., for health services and information.

According to an analyst firm, around 2.8 million patients worldwide were using a home monitoring service based on equipment with integrated connectivity at the end of 2013. The figure does not include patients that use monitoring devices connected to a PC or mobile phone. It only includes systems that rely on monitors with integrated connectivity or systems that use monitoring hubs with integrated cellular or fixed-line modems.

Global M-Health Device Industry 2020 Market Research Report is spread across 95 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. The report focuses on global major leading M-Health Device Industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.

The M-Health Device market report is a collection of the first-hand data, subjective, and quantitative assessment by industry experts and professionals, contributions from industry specialists and industry participants over the value chain. The report consists of a detailed analysis of the industry growth trends, micro- and macroeconomic components, and governing factors, along with the market attractiveness, within the market segments. The report likewise maps the subjective impact of the different market factors on the market segments, sub-segments, and geographies.

Major Players in M-Health Device Market are:
• Allscripts
• Apple
• Athenahealth
• Cerner
• Ge Healthcare
• Philips
• Medtronics

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of M-Health Device market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

Source: https://www.instanttechnews.com/technology-news/2020/02/21/m-health-device-market-is-booming-worldwide-technology-trends-players-allscripts-apple-athenahealth-cerner-ge-healthcare-philips-medtronics/

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Latest #AI could one day take over as the biggest editor of Wikipedia – SPONSOR: Datametrex AI Limited $DM.ca

Posted by AGORACOM-JC at 10:54 AM on Friday, February 21st, 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 announced three $1M contacts in Q3-2019. Click here for more info.

Latest AI could one day take over as the biggest editor of Wikipedia

  • “There are so many updates constantly needed to Wikipedia articles. It would be beneficial to automatically modify exact portions of the articles, with little to no human intervention,” said Darsh Shah, a PhD student in MIT’s Computer Science and AI Laboratory, who is one of the lead authors.

by Colm Gorey

Researchers have developed an AI that can automatically rewrite outdated sentences on Wikipedia, drastically reducing the need for human editing.

Despite thousands of volunteer editors dedicating many hours towards keeping Wikipedia up to date, editing an estimated 52m articles seems like an almost impossible task. However, researchers from MIT are set to unveil a new AI that could be used to automatically update any inaccuracies on the online encyclopaedia, thereby giving human editors a robotic helping hand.

In a paper presented at the AAAI Conference on AI, the researchers described a text-generating system that pinpoints and replaces specific information in relevant Wikipedia sentences, while keeping the language similar to how humans write and edit.

The idea is that humans could type an unstructured sentence with the updated information into an interface, without the need to worry about grammar. The AI then searches Wikipedia for the right pages and outdated information, which it then updates in a human-like style.

The researchers are hopeful that, down the line, it could be possible to build an AI that can do the entire process automatically. This would mean it could scour the web for updated news on a topic and replace the text.

Taking on â€˜fake news’

“There are so many updates constantly needed to Wikipedia articles. It would be beneficial to automatically modify exact portions of the articles, with little to no human intervention,” said Darsh Shah, a PhD student in MIT’s Computer Science and AI Laboratory, who is one of the lead authors.

“Instead of hundreds of people working on modifying each Wikipedia article, then you’ll only need a few, because the model is helping or doing it automatically. That offers dramatic improvements in efficiency.”

Looking beyond Wikipedia, the study also put forward the AI’s potential benefits as a tool to eliminate bias when training detectors of so-called ‘fake news’. Some of these detectors train on datasets of agree-disagree sentence pairs to verify a claim by matching it to given evidence.

“During training, models use some language of the human-written claims as ‘give-away’ phrases to mark them as false, without relying much on the corresponding evidence sentence,” Shah said. “This reduces the model’s accuracy when evaluating real-world examples, as it does not perform fact-checking.”

By applying their AI to the agree-disagree method of disinformation detection, an augmented dataset used by the researchers was able to reduce the error rate of a popular detector by 13pc.

Source: https://www.siliconrepublic.com/machines/wikipedia-editors-ai-fake-news

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Laser-Induced Graphene Shows Promise in the Development of Flexible Electronics SPONSOR – ZEN Graphene Solutions $ZEN.ca $LLG.ca $FMS.ca

Posted by AGORACOM at 11:37 AM on Thursday, February 20th, 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

Scientists at Rice University have made laser-induced graphene using a low-power laser mounted in a scanning electron microscope.

The team at Rice University, in conjunction with Philip Rack, a Tennessee/ORNL materials scientist, have pioneered a process to create laser-induced graphene (LIG). LIG has features that are 60% smaller than the macro version of the material and almost 10 times smaller than what can be typically achieved using an infrared laser. 

The LIG Process

LIG is a multifunctional graphene foam that is direct-written with an infrared laser into a carbon-based precursor material. In the Rice team’s research, this was achieved using a visible 405 nm laser that directly converts polyimide into LIG, enabling the formation of LIG with a spatial resolution of 12 µm and a thickness of < 5 µm. This spatial resolution, enabled by the smaller-focused spot size of the 405 nm laser, represents a 60% reduction in previously reported LIG feature sizes. 

These smaller 405 nm lasers use light in the blue-violet part of the spectrum. They are much less powerful than the industrial lasers that are currently being used to burn graphene into materials. 

“A key for electronics applications is to make smaller structures so that one could have a higher density, or more devices per unit area,” James Tour of Rice University said in a statement. “This method allows us to make structures that are 10 times denser than we formerly made.”

A scanning electron microscope shows two tracers of LIG on a polyimide film.
A scanning electron microscope shows two tracers of LIG on a polyimide film. Image used courtesy of James Tour of Rice University

A New Path Toward Writing Electronic Circuits 

To prove the viability of their concept, the researchers made tiny flexible humidity sensors directly fabricated on polyimide. These devices were then able to sense human breath in 250 milliseconds. 

“This is much faster than the sampling rate for most commercial humidity sensors and enables the monitoring of rapid local humidity changes that can be caused by breathing,” said Rice postdoctoral researcher Michael Stanford, lead author of the research team’s paper. 

The 405 nm laser is mounted on a scanning electron microscope (SEM) and burns the top five microns of the polymer. This writes graphene features as small as 12 microns. 

The Rice team believes that this new LIG process could offer a new path toward writing electronic circuits into flexible materials such as clothing. 

“The LIG process will allow graphene to be directly synthesized for precise electronics applications on surfaces,” added Stanford. With growing interest in the LIG process for use in flexible electronics and sensors, further refinement of this process will expand its utility and potentially see it being used in a range of flexible electronics across all industries.

SOURCE: https://www.allaboutcircuits.com/news/laser-induced-graphene-shows-promise-in-the-development-of-flexible-electronics/

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Iconic $ICM.ca Provides Update on Drilling Program and Phase 2 Metallurgical Testing For Bonnie Claire #Lithium Project, Nevada $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca

Posted by AGORACOM-JC at 10:15 AM on Thursday, February 20th, 2020
  • Announced that it is planning a spring drilling campaign as soon as the weather is conducive for entry into the Bonnie Claire Lithium Deposit in Nevada
  • Iconic has received an update from St-Georges Eco-Mining Corp. regarding Phase 2 metallurgical testing of the lithium-rich sediment from Iconic’s Bonnie Claire lithium deposit in Nevada

Vancouver, British Columbia–(February 20, 2020) – Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) (“Company” or “Iconic”) is pleased to announce that it is planning a spring drilling campaign as soon as the weather is conducive for entry into the Bonnie Claire Lithium Deposit in Nevada.

Iconic has received an update from St-Georges Eco-Mining Corp. (“St-George”) (CSE: SX) regarding Phase 2 metallurgical testing of the lithium-rich sediment from Iconic’s Bonnie Claire lithium deposit in Nevada. Iconic is encouraged by this update and is sending additional drill cuttings to meet St-Georges’ requests and allow further progress toward completing the Phase 2 report.

St-Georges is proceeding with the next stages of tests within Phase 2, where its current focus is the optimization of chemicals consumption and purification steps to meet the requirements for lithium hydroxide. Iconic looks forward to receiving further metallurgical results from St Georges.

The Bonnie Claire Lithium Property Characteristics:

The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs, that contain anomalous amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the local salt flats has yielded lithium values up to 340 ppm. The gravity low within the valley is 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). The current claim block covers an area of 35 km2 (13.5 mi2) with potential to be underlain by lithium-rich sediments.

On behalf of the Board of Directors

SIGNED: “Richard Kern“

Richard Kern, President and CEO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For further information on ICM, please visit our website at www.iconicminerals.com
The Company’s public documents may be accessed at www.sedar.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/52593

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BEYOND THE DECK: $HPQ.ca Silicon Shares Its PowerPoint Presentation With Investors $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 9:21 AM on Thursday, February 20th, 2020

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Empower Clinics $CBDT.ca – #Cannabis Extraction Stocks Best Profit Play for #Marijuana Investors $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 5:44 PM on Wednesday, February 19th, 2020

SPONSOR:

Why Empower Clinics

  • A leading owner/operator of physician staffed health and pain management clinics.
  • Patient database of over 165,000 patients 
  • Platform generating $1.4M USD (9 months ending Sept. 30, 2019)
  • Proprietary technology platforms including Electronic Health Records portal and e-Commerce for CBD product distribution
  • Recently launched CBD extraction facility
  • First extraction system capacity = 2,300 Kg per year.
  • CBD based products are poised to be a $20B global industry by 2022
  • Medical cannabis is poised to be a $100B global industry by 2025

Cannabis Extraction Stocks Best Profit Play for Marijuana Investors

Cannabis Extraction Stocks on Pace for Massive Growth

  • Cannabis extraction companies are at the center of the hottest trend to hit the legal cannabis industry in years: marijuana derivatives
  • Those include cannabis-infused products like edibles, vapes, concentrates, beverages, tinctures, and topicals.

By John Whitefoot, BA

In the lead-up to the October 2018 legalization of recreational cannabis in Canada, all eyes were on marijuana growers. It made sense. They were the companies that were going to supply the industry with dried flower. And demand for weed was expected to go through the roof.

While 2019 was a tough year for some pot stocks, 2020 is shaping up to be much better. Not all pot stocks are created equal though. One area that looks like it’s poised to outstrip the broader weed stock market is cannabis extraction stocks.

In 2019, global pot sales soared 48% year-over-year to $15.0 billion. In 2020, marijuana sales are expected to climb 38%. By 2024, global weed sales are projected to top $43.0 billion.  (Source: “Global Cannabis Sales Grow 48% to $15 Billion in 2019,” BDS Analytics, January 16, 2020.)

A compound annual growth rate of 23% is pretty hard to dismiss.

Legal marijuana is a young industry that is providing investors with a lot of choices. In addition to the marijuana producers, there are companies that serve or support those producers—with elements such as hydroponics, processing, extraction, financing, set-up, e-commerce, and operating dispensaries.

So far they have mostly been serving the relatively small Canadian market (Canada has a population less than that of California)—one that, as of September 2019, had yet to generate $1.0 billion in annual legal pot sales. (Source: “The Retail Cannabis Market in Canada: A Portrait of the First Year,” Statistics Canada, Statistics Canada, December 11, 2019.)

That number will likely jump considerably once the Canadian marijuana market matures. Investors who do not want to wait for that to happen, however, might want to consider cannabis extraction stocks.

Why? Cannabis extraction companies are at the center of the hottest trend to hit the legal cannabis industry in years: marijuana derivatives. Those include cannabis-infused products like edibles, vapes, concentrates, beverages, tinctures, and topicals.

Cannabis-Infused Products Are Crucial for the Pot Industry

Cannabis-infused products are opening up a whole new revenue stream for the legal marijuana industry. That’s because these items are being introduced to consumers who may have been reluctant to try traditional cannabis products. Some people like the buzz or the medicinal properties but don’t want to inhale smoke.

A few years ago, in the U.S., roughly 75% of the marijuana market was taken up by cannabis flower. Today that number is around 40%. A similar trend has been happening in Canada. (Source: “Why Business Is Booming for Cannabis Extraction Companies Despite the Supply Shortage,” Financial Post, April 19, 2019.)

That is a godsend for marijuana companies looking to juice their top and bottom lines. That’s because cannabis-infused products have higher margins than traditional dried cannabis does.

Providing products that have high demand and a high profit margin is a no-brainer.

Cannabis Extract Industry Will Be Huge

In January 2020, cannabis-infused products legally hit store shelves in Canada for the first time. That came just a year after the Canadian government approved the sale of recreational marijuana in the form of dried flower, oils, and sprays.

The cannabis extraction industry will be massive, because the sales projections for pot-infused products are huge.

According to one study, the total legal marijuana market in Canada will reach $11.0 billion by 2025. Of that, 54% is expected to come from sales of edibles and other cannabis-extract products. (Source: “One-in-five Canadians will consume cannabis in 2025: Ernst & Young,” Yahoo! Finance Canada, March 26, 2019.)

And that’s just for Canada; the global market for cannabis derivatives is expected to nearly double over the next five or six years to $194.0 billion. (Source: “Canada’s consumer market for edibles estimated to reach at least $1.6 billion annually: Deloitte,” The GrowthOp, June 3, 2019.)

Now, many cannabis companies do not have in-house extraction facilities. To make marijuana-infused products, they need to outsource the work. That’s where cannabis extraction companies come into play.

Instead of growing marijuana, they take hemp and cannabis biomass and process it for the resins, concentrates, distillates, and targeted cannabinoids.

Admittedly, some of the bigger licensed marijuana growers in Canada already have—or are constructing—their own extraction facilities, but it won’t be enough to meet the future demand for cannabis oils.

In fact, some cannabis growers have signed multi-year, renewable extraction agreements with the bigger cannabis extraction companies in Canada.

Analyst Take

Cannabis extraction stocks could be a huge profit opportunity for marijuana investors. Marijuana-infused products became legal in Canada at the start of 2020, and the industry is expected to experience double-digit growth over the coming years.

Thanks to higher margins, more and more companies are looking to produce cannabis-infused products. If marijuana-derivative products sell well, cannabis extract stocks should rise in value.

Source: https://www.profitconfidential.com/marijuana/cannabis-extraction-stocks-best-profit-play-marijuana-investors/

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