Posted by AGORACOM-JC
at 9:18 AM on Thursday, November 21st, 2019
There is a lot we could say about American Creek’s Treaty Creek Project … But we’ll let the words of 4 much smarter and wealthier people do all the talking:
Walter Storm, CEO Tudor Gold (JV Partner; Funded Startup Of Osisko Mining Until Sold For $4.5 Billion)
“The Goldstorm (System On Treaty Creek) now has the attention of several major industry players and we expect that future results will continue to impress as we further define this potential world-class deposit“.”
Eric Sprott, Billionaire Investor and 2X PP Investor In American Creek Resources
“What we’re shooting for is to define a 10 or 20-million-ounce discovery“
Ken Konkin , Tudor Gold Exploration Manager (Credited With Discovering Brucejack Mine Just South Of Treaty Creek)
“The
Goldstorm System shows no signs of weakening to the northeast and
several more drill holes will be needed to find the length and depth of
this huge gold system.“ “2020 is going to be a breakout year.” Darren Blaney, President & CEO American Creek Resources
“Ken Konkin, the geologist credited for the discovery and development of Pretium’s neighbouring Brucejack Mine is advancing the Goldstorm zone to potentially becoming a world-class deposit with far better logistics than the neighbouring KSM deposits.”
“Clearly, we have a massive, world-class gold system that still shows no signs of weakening to the northeast nor at depth.”
To find out why world renowned gold mine finders are so bullish on Treaty Creek, grab your favourite beverage, grab a seat and watch this interview with American Creek Resources.
Posted by AGORACOM-JC
at 9:11 AM on Thursday, November 21st, 2019
If you are a small cap CEO, Director or Investor Relations Officer in North America, my 23 minute interview with James Black of the Canadian Securities Exchange (CSE) is the most important podcast you will listen to in 2019. Not because I am the guest but because of what I have to say.
Why does what I say matter? AGORACOM surpassed 600 million page views this year, we’re averaging over 4.5M views per month on Twitter and we’ve served over 300 clients. As such, the powerful information in this podcast comes from a deep understanding of both social media, why small cap companies are failing at it and what the serious implications are of that failure.
Make no mistake about it, this isn’t some generic social media discussion. James and I go deep and I hit hard because that is what good friends do. I’m sounding the alarm because of the massive implications if I don’t.
The good news is that, if you are not an AGORACOM client, you can turn this ship around but you have to do it now and that can only be done by understanding why small caps are failing today.
I suggest that your entire management team listens to it and discusses it. Then let’s have a call to discuss what can be done.
The beauty of this audio format is you can listen to it at work or in your car / subway to and from work. I’ve done the hard work presenting this powerful information, all you have to do is press play.
Thank-you and I look forward to discussing this with you and potentially working together in 2020. Our cashless and fully compliant shares for services program should make the decision an easy one.
Posted by AGORACOM-JC
at 5:36 PM on Wednesday, November 20th, 2019
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.
mHealth Market Is Projected To Expand At A CAGR Of 25.7% By 2025
Global mHealth market size is expected to reach USD 151.57 billion by 2025, progressing at a CAGR 25.7% over the forecast period, according to a new report by Grand View Research, Inc
The market is majorly driven by growing geriatric population, rising prevalence of chronic diseases, and increasing penetration of smartphones and internet connections
According to a report, “ mHealth Market Analysis Report By Participants (Mobile Operators, Device Vendors, Healthcare Providers), By Service (Diagnosis, Monitoring, Healthcare Systems), And Segment Forecasts, 2018 – 2025 â€, published by Grand View Research, Inc.,The global mHealth market size is expected to reach USD 151.57 billion by 2025, progressing at a CAGR 25.7% over the forecast period, according to a new report by Grand View Research, Inc. The market is majorly driven by growing geriatric population, rising prevalence of chronic diseases, and increasing penetration of smartphones and internet connections. Technological advancements are leading to product innovations in the area of mHealth, which in turn will bode well for the market.
Growing inclination towards preventive
healthcare and subsequently rising subscription to mHealth apps have
been working in favor of the market. mHealth apps exhibit several
features that offer healthcare benefits to healthcare providers as well
as patients. mHealth apps provide accessibility to health related
information. mHealth apps also ensure continuous communication between
patients and providers, thereby allowing providers to diagnose,
recommend, and monitor patients without even seeing them in person.
Key players in this space
include Apple Inc.; AT&T; Airstrip Technologies; Allscripts
Healthcare Solutions; Google Inc; Orange; Soft Serve; mQure; and Samsung
Electronics.
Adoption of smartphones with
subscription to mHealth apps among adult population in the U.S. is
rising in order to maintain routine check. For instance, according to a
paper published in NCBI in February 2016, around 91.0% of adult
population in the U.S. own a mobile phone, with 61.0% of them possessing
smartphones.
Further Key Findings From the Report Suggest:
In 2017, monitoring services held the largest revenue share owing to
growing adoption of mhealth solutions for monitoring health conditions
such as diabetes
The healthcare system strengthening services segment is likely to register the highest CAGR of 27.7% over the forecast period
Healthcare providers will be the most promising participant segment
during the forecast period, mainly due to adoption of digital technology
by healthcare facilities in order to optimize care management process
In 2017, Europe accounted for the largest revenue share in the market
owing to rising research initiatives in the area of mHealth
Participants Insights
The mobile operators segment dominated
the mHealth market in 2017. Increasing number of partnerships of mobile
network operators with mHealth service providers is one of the key
factors contributing to the growth of the segment. Rising involvement of
mobile operators in the healthcare sector is also supplementing the
growth of the segment. According to a GSMA survey 2012, nearly 794
mobile operators were involved with mHealth in some way. This survey
also showed that in 2012, there were nearly 269 mHealth services or
products that were led by mobile operators.
The device vendors segment witnessed the
second largest revenue share in 2017. Growing involvement of device
vendors in mHealth is augmenting the . Device vendors are actively
participating by providing security systems to the smartphones for
reducing the incidences of data breaches pertaining to health records of
the patients. This further results in growing adoption of mHealth by
the general population.
Tags: EKG, mhealth, small cap stocks, stocks, tsx, tsx-v Posted in CardioComm Solutions | Comments Off on CardioComm Solutions $EKG.ca – #mHealth Market Is Projected To Expand At A CAGR Of 25.7% By 2025 $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca
Posted by AGORACOM-JC
at 1:48 PM on Wednesday, November 20th, 2019
SPONSOR: NORTHBUD (NBUD:CSE)
Sustainable low cost, high quality cannabinoid production and
procurement focusing on both bio-pharmaceutical development and
Cannabinoid Infused Products. Learn More.
Open letter to Ottawa: This one small detail is hindering the cannabis industry’s success
The excise stamp on a package of cannabis. Industry leaders say
these stamps unique to every province and territory are making it more
expensive to produce, package and ship cannabis to individual markets.Darren Brown/Postmedia
The devil is in the details. It’s a common but important refrain. It
reminds us how even the smallest facets of plans, processes and
situations can derail large-scale efforts.
Such is the case facing Canada’s cannabis industry. The federal government currently requires
that all cannabis products carry excise stamps — proof the appropriate
taxes have been paid by the licensed producer — like those attached to
tobacco packaging. These stamps are also unique to each province and
territory.
Excise stamps have been a source of ongoing frustration since legalization
For such a small item, the stamp significantly complicates the
business of providing legal cannabis to law-abiding consumers. In
addition, excise stamps hinder the flow of legal cannabis across the
country, leading to costly supply issues for both governments and
consumers.
Excise stamps have been a source of ongoing frustration since
legalization. The logistics of applying these stamps has resulted in unnecessary product delays. Likewise, when the industry is criticized
for excessive packaging, it’s often the result of complying with
federal cannabis packaging requirements, which include
provincial/territorial excise stamps.
Logistics aside, the stamps hinder the industry’s long-term success.
Requiring producers to use province/territory-specific excise stamps
impedes the flow of product across the country. Aside from the
complexity of per-province labelling, product that does not sell in one
region cannot easily be transported to another province where demand may
be higher. The labelling requirement removes licensed producers’
ability to respond in real time to changing demand, adds unnecessary
complexity to product forecasting, and means jurisdictions and retailers
face completely preventable product shortages. And when consumers can’t
find what they want in the legal market, they turn to the unregulated
market.
The administrative and production burdens of the stamp also mean that
it’s more expensive to produce, package and ship cannabis to individual
markets. This means it’s substantially tougher for legal producers and
retailers to compete, particularly with respect to price, with the
illegal cannabis market, which shoulders absolutely none of the costs
imposed on the legal system. One of the primary goals of cannabis
legalization was to compete with and thereby eliminate the unregulated
market for cannabis. So why do we insist on requirements like a unique
provincial/territorial excise stamp that prevents that competition?
The current system isn’t working because it ignores both business and market realities
No one is objecting to industry regulation. Licensed producers have
complied with regulatory requirements related to production,
distribution and promotion of the product — and have made the financial
investments necessary to do so. Province- and territory-specific excise
stamps, however, are costly and unnecessary when one national excise
stamp would do. Especially in such a new industry, where the efficiency
of the manufacturing process is paramount, it is not only
counter-intuitive but also counter-productive to continue the practice.
The current system isn’t working because it ignores both business and
market realities. We’re not the first industry to come to this
realization. In fact, Canada’s alcohol industry moved away from
province/territory-specific excise stamps years ago, after delivering
its own regulatory impact analysis and successfully arguing the benefits
of an alternative approach.
As an industry, we have heard consistently from both public and
private retailers across Canada that the current system of unique stamps
offers them little to no value. At least one territory has indicated it
has asked the Canada Revenue Agency to allow it to use product excise
stamps for another province in order to increase its ability to access
additional supply. More importantly, CRA has indicated a willingness to
work with the industry on a redesign of the excise stamp. That’s
progress.
If we are wholly committed to the goals of a thriving industry, we
need to alleviate the logistical, financial and environmental burden of
monitoring these products while successfully competing with the
unregulated market. We can do so in a way that is effective, safe, and
benefits the industry as well as Canadian consumers. It’s time to excise
multiple excise stamps and move, instead, to a national one.
Terry Booth, CEO, Aurora; Adine Carter, Chief Marketing Officer,
Tilray; Nav Dhaliwal, CEO, The Supreme Cannabis Company; Greg Engel,
CEO, Organigram; Torsten Kuenzlen, CEO, Sundial Growers; Csaba Reider,
President, The Green Organic Dutchman; Irwin Simon, Interim CEO and
Board Chair, Aphria; Sebastien St-Louis, President & CEO, HEXO; Mark
Zekulin, CEO, Canopy Growth Corporation. The authors are members of the
Cannabis Council of Canada, the national industry association
representing the legal cannabis sector.
Posted by AGORACOM
at 10:48 AM on Wednesday, November 20th, 2019
Labrador Gold is aggressively pursuing the under explored gold potential of Labrador.
2 large, separate, under-explored land packages that demonstrate potential for district scale gold discoveries.
Two successful gold explorers lead the way in the Labrador gold rush: Shawn Ryan and Roger Moss.
2 Key Exploration Properties: Hopedale and Ashuanipi
Hopedale:
The Hopedale property covers much of the Hunt River and Florence Lake
greenstone belts that stretch over 80 km. The belts are typical of
greenstone belts around the world but have been underexplored by
comparison. Initial work by Labrador Gold during 2017 show gold
anomalies in soils and lake sediments over a 3 kilometre section of the
northern portion of the Florence Lake greenstone belt in the vicinity of
the known Thurber Dog gold showing where grab samples assayed up to
7.8g/t gold. In addition, anomalous gold in soil and lake sediment
samples occur over approximately 40 kilometres along the southern
section of the greenstone belt (see news release dated January 25th 2018
for more details). Labrador Gold now controls approximately 57km strike
length of the Florence Lake Greenstone Belt.
Ashuanipi:
Two district scale gold anomalies outlined by soil and lake sediment survey: 15x3km north south anomaly and a 14 x 3km east west anomaly
2018 Soil Sampling identified: 164 samples with over 50 ppb gold, 67 samples over 100 ppb (0.1g/t) gold and a high of 8,973 ppb (8.97 g/t) Au
The Ashuanipi gold project is located just
35 km from the historical iron ore mining community of Schefferville,
which is linked by rail to the port of Sept Iles, Quebec in the south.
The claim blocks cover large lake sediment gold anomalies that, with the
exception of local prospecting, have not seen a systematic modern day
exploration program. Results of the 2017 reconnaissance exploration
program following up the lake sediment anomalies show gold anomalies in
soils and lake sediments over a 15 kilometre long by 2 to 6 kilometre
wide north-south trend and over a 14 kilometre long by 2 to 4 kilometre
wide east-west trend. The anomalies appear to be broadly associated with
magnetic highs and do not show any correlation with specific rock types
on a regional scale (see news release dated January 18th 2018). This
suggests a possible structural control on the localization of the gold
anomalies.
Posted by AGORACOM-JC
at 10:39 AM on Wednesday, November 20th, 2019
SPONSOR: PRIMO NUTRACEUTICALS INC.
(CSE: PRMO) (OTC: BUGVF) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV)
provides strategic capital to the thriving cannabis cultivation
sector through ownership and development of commercial real estate
properties. The company also offers fully built out turnkey facilities
equipped with state-of-the-art growing infrastructure to cannabis
growers and processors. Click here for more info.
PODCAST: Hemp, CBD And Cannabis With Josh Drayton And Alex Seleznov
Summary
Josh Drayton is Communications and Outreach Director of the
California Cannabis Industry Association, an association that
collectively represents over 460 industry businesses.
Alex Seleznov is a board member and Treasurer for the National Hemp
Association as well as founder of Advanced Extraction, a company
specializing in organically produced hemp products.
They join the show today to discuss why everyone’s paying attention
to California, the preventable vaping crisis and what it means to be in
the current CBD space.
6:45 – Josh has worked at CCIA for 4 years. Getting to know cannabis
as an economic driver and way of life. Passionate about legalization.
7:25 – Issues with California policy. Looking at the timeline.
Legalized medical in 1996 but no state regulations. No statewide
framework until 2013, which is when CCIA formed. 2016 adult use passed
in California and the past few years have seen medical and adult use
regulations being figured out. 55 bills in this year alone. Everyone’s
paying attention to California but it takes being incredibly engaged.
9:55 – Licensing supply and demand. Dual licensing system in
California (local and state permits). Conflicting regulations in
different areas.
11:15 – Regulated vs. illicit shops. Lack of education about black
market. Plays into the vaping crisis. Needs to improve. Deaths in
California happened in banned areas from black market. War on drugs
doesn’t improve public health. Legislators beginning to understand this.
13:35 – Prediction for federal legality. Will California be a model?
California modeled itself on other successful markets and has gone above
and beyond in regards to packaging and testing regulations. Federal
government is watching California. Canada, France, New Zealand, Germany
regulators all have toured California to see how their cannabis market
works. SAFE Banking Act a huge catalyst. Regulating gives more control,
not less.
15:23 – Farm Bill passing, CBD proliferation has helped THC market. Medical conversations help with cannabis and hemp markets.
16:40 – Investors interested in getting into the space – everyone
needs to understand it’s a marathon, not a sprint. The longer the legal
market exists the more it’s going to pay off.
17:25 – Alex’s company Advanced Extractions. Vertically integrated hemp/CBD company based in Colorado.
18:25 – Confusion around passage of Farm Bill in CBD space. What it
means to be in the CBD space right now. Lack of regulation means people
are interpreting rules on their own. Lots of opportunity.
19:49 – What do investors and consumers need to look for in this
space? Investors need to vet claims a company makes. Only FDA demand is
on claims. Transparency is key as well as evidence of regulatory
compliance. Market is subject to scrutiny that no other product – no
matter how harmful – is subject to.
22:05 – Differentiation in a saturated market. Restricted marketplace gives opportunity for brands to find their niche.
23:52 – Future of hemp space. Total plant purposes of hemp. Putting
more renewables into the consumer stream. Alternative to plastic.
Initially there will be more of a ceiling before it’s able to become a
mass market product.
Tags: CBD, CSE, Hemp, Marijuana, stocks, tsx, tsx-v, weed Posted in PRIMO Nutraceuticals Inc. | Comments Off on PRIMO Nutraceuticals Inc. $PRMO.ca – PODCAST: #Hemp, #CBD And #Cannabis With Josh Drayton And Alex Seleznov $CROP.ca $VP.ca NF.ca $MCOA
Posted by AGORACOM-JC
at 8:39 AM on Wednesday, November 20th, 2019
Company has launched commissioned based sales personnel and an influencer strategy for it’s Sollievo CBD line in Southern California
In addition, the Heritage CSE: CANN previously announced proposed joint venture initiative, is proceeding forward as planned with the definitive agreement drafting taking place and facility and equipment procurement plans underway.
VANCOUVER, Nov. 20, 2019 - EMPOWER CLINICS INC. (CSE: CBDT) (Frankfurt 8EC) (OTC: EPWCF) (“Empower” or the “Company“), a vertically integrated and growth-oriented CBD life sciences company, and a multi-state operator of medical health & wellness clinics in the U.S., is pleased to announce the Company has launched commissioned based sales personnel and an influencer strategy for it’s Sollievo CBD line in Southern California. In addition, the Heritage CSE: CANN previously announced proposed joint venture initiative, is proceeding forward as planned with the definitive agreement drafting taking place and facility and equipment procurement plans underway.
The California population is 39,557,045 people according
to the US Census Bureau’s 2018 Population Estimates Program making it
the most populated state in the U.S. Los Angeles County, Orange County and Ventura County have a combined population of 14,149,511 consumers making it one of the most densely populated regions of the entire country.
The California Cannabis Portal indicates there are over 170 dispensaries in Los Angeles County
that our sales agents are canvassing and bringing Sollievo product
samples too. They are also talking to various smoke shops, vape stores
and a variety of retail locations that carry CBD products or have
expressed an interest to sell CBD products.
“Establishing a retail presence in this area for our Sollievo CBD
product lines gives us significant volume potential, but also provides
crucial market feedback about branding, product quality and consumer
adoption.” said Steven McAuley, Empowers Chairman and CEO.
“Gaining direct market feedback, by having our own sales agents on the
ground is already proving beneficial.”
Heritage Cannabis JV Update
The previously announced Empower Clinics and Heritage Cannabis JV announcement from September 17th, 2019 is continuing forward as planned with a variety of actions being completed by both Parties.
Documentation of the Definitive Agreement for the joint venture is
underway, and progress is expected to be reported by the Companies in
the near future.
Graeme Staley, the CEO of Purefarma and Board of Directors member for Heritage Cannabis, completed a site visit of the Sandy, OR facility located on the SE side of Portland, Oregon with Empowers Chairman & CEO Steven McAuley.
The site visit solidified the importance of the new 5,000 sq. ft.
facility secured by Empower, and the fact that the Oregon Department of
Agriculture Hemp Handlers Licence has been issued.
Both Empower and Heritage believe operating in a low-cost region like Oregon
provides a competitive advantage with direct access to the farming
supply chain for the some of the best hemp biomass in the entire
country.
Local facility and labor costs are competitive on a national scale,
and with a skilled and passionate local workforce, the joint venture has
the opportunity to provide high quality long-term jobs for the local
economy of Sandy, OR, Clackamas County and surrounding regions.
ABOUT EMPOWER
Empower is a vertically integrated and growth-oriented CBD life
sciences company, and a multi-state operator of medical health &
wellness clinics, operating the Sun Valley Health clinic brand www.sunvalleyhealth.com, for its nine corporate locations and for franchises in the United States.
As a CBD product manufacturer under the Sollievo brand, the Company
distributes its lines through clinics, online and through retail
partners. Extraction operations are currently being developed in the
Company’s new extraction facility in Oregon.
ABOUT HERITAGE
The Company is a vertically integrated cannabis provider that
currently has two Health Canada approved licenced producers, through its
subsidiaries Voyage Cannabis Corp. and CannaCure Corp. both regulated
under the Cannabis Act Regulations. Working under these two licences,
Heritage has two additional subsidiaries, Purefarma Solutions, which
provides extraction services, and BriteLife Sciences that is focused on
cannabis based medical solutions. Heritage as the parent Company, is
focused on providing resources for its subsidiaries to advance their
products or services to compete both domestically and internationally.
ON BEHALF OF THE BOARD OF DIRECTORS:
Steven McAuley Chief Executive Officer
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 terms of the proposed acquisitions and partnerships; the
effectiveness of the extraction technology; the expected benefits for
Empowers 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 the hemp-based CBD extraction
facility may not be fully operational in 2019 if at all; 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.
CONTACTS: Investors: Steve Low, Boom Capital Markets, [email protected], 647-620-5101; Investors: Steven McAuley, CEO, [email protected], 604-789-2146; For French inquiries: Remy Scalabrini, Maricom Inc., E: [email protected], T: (888) 585-MARICopyright CNW Group 2019
Tags: CSE, Hemp, Marijuana, stocks, tsx, tsx-v, weed Posted in Empower Clinics Inc. | Comments Off on Empower $CBDT.ca launches #CBD product sales strategy in California and provides progress report on Heritage Joint Venture for Extraction and Production Facility in Oregon $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca $FAF.ca
Posted by AGORACOM-JC
at 5:10 PM on Tuesday, November 19th, 2019
Empower Clinics JV Could Generate $US 30,000,000 In Annual Revenue From CBD Extraction … But It Doesn’t End There
With 165,000 patients, Empower Clinics (CBDT:CSE) (EPWCF:OTCQB) has a database that almost every medical cannabis and CBD company would kill for. Add in the fact it is now on a ~ $USD 4,000,000 annualized revenue run rate for 2019 and it becomes the kind of company small cap investors have been dying to find as they watch pretender companies melt away.
But it doesn’t end there.
The Company’s latest Q3 financials show that Empower is in full growth mode, with substantial increases in revenue and patient visits, as well as, big reductions in expenses. Moreover, Company CEO Steven McAuley says growth will continue full steam ahead in Q4, Q1 and beyond.
But it doesn’t end there.Â
CBD extraction has been a key element of the company’s vertical integration. Producing its’ own hemp-derived CBD products for its own massive patient list just makes sense. However, thanks to an LOI (moving towards definitive agreement) to JV with extraction experts Heritage Cannabis, the Company’s 5,000 sq ft facility in Oregon is also planning to serve big brand 3rd party partners in the USA . Empower brings the infrastructure, Heritage brings the expertise and balance sheet. The result is a match made in shareholder heaven with initial annual capacity of 6,000 Kg at ~ $US 5,000 per Kg, which adds up to $US 30,000,000 in potential revenue.
We emphasize potential  because nobody has started selling anything yet but the facility is expected to begin producing soon. However, with a built in patient database and talks already having commenced for white label products, Empower is on its way. Moreover, “potential” cuts both ways, with capacity capable of increasing 2x – 3x without much trouble given the size of the facility. Â
Can Empower successfully execute its extraction plan? It’s a legitimate question, with a blow away answer.. The Company’s new CEO, Steven McAuley, who replaced the previous management team in January, is Six Sigma certified under the quality initiative of legendary GE chairman Jack Welch. We’ve never seen a Six Sigma certified CEO in the Canadian small cap markets. Never …. which also explains how McAuley has brought Empower to such heights in just 11 months.
The cannabis market is currently throwing away babies with the bathwater – but just as the dot-com crash brought us massive riches through Web 2.0 companies that were REAL, investors need to start looking for the REAL companies that will survive and thrive. With 165,000 patients, rapidly increasing revenues, a franchise plan to grow clinics across America and a vertical integration CBD extraction strategy to tie them all together, Empower Clinics may be such a company. Â
Grab your favourite beverage and settle in to watch what may be your next great small cap investment.
Posted by AGORACOM
at 4:10 PM on Tuesday, November 19th, 2019
SPONSOR: Lomiko Metals LMR:TSX-V – A Canadian exploration-stage company discovered high-grade graphite at its La Loutre Property in Quebec and is working toward a Pre-Economic Assessment (PEA) that will increase its current indicated resource of 4.1 Mt of 6.5% Cg to over 10 Mt of 10%+ Cg through a 21 hole program at the Refractory Zone. Click Here For More Information
The Smartroad Gotland project will today install the first section of
the world’s first wireless electric road system (ERS) for trucks and
buses on public roads. ERS supports electric power transfer to vehicle
while in motion and have great potential to decarbonize the transport
sector and to increase energy efficiency with a reduced need of
batteries. Smartroad Gotland is supported and funded by the Swedish Road
Administration and is led by ElectReon AB, a Swedish subsidiary of the
Israeli company ElectReon Wireless. The goal of the project is to prove
that ElectReon’s technology is ready for commercialization and to
provide decision makers with knowledge necessary for large-scale ERS
deployment.
Wireless ERS is based on coils installed below the road surface and
transfer energy to a receiver that can be mounted on all types of
electric vehicles such as trucks, buses, vans, and passenger cars,
enabling them to charge on the go and use minimal batteries.
The installation deployment process is simple: a 10 cm deep trench is
created in the middle of the road lane in which copper coils embedded
in rubber are placed and then the road is repaved with asphalt.
Representatives from several countries are present on Gotland to
evaluate the process as they consider a future deployment of the
technology.
The Smartroad Gotland project will start operations early 2020 with
an electric truck and trailer. Before the summer the electric road will
also charge and power an electric bus. Throughout the three year long
project, the system performance and user experiences will be evaluated
together with RISE Research Institute of Sweden.
ElectReon has developed a unique technological design with a high
efficiency suitable for both dynamic and static charing. The solution
also includes a real-time communication system to ensure safety, access
control, and energy metering, and which also can support autonomous
vehicles. Thereby, the solution offers a smart and cost effective way of
enabling a transition towards electric road transportation without any
visual impacts or need for mechanical contact and heavy maintenance.
“Today marks a very important milestone based on thorough
preparations and a very dedicated team. A preparatory session was
conducted on the ElectReon test site in Israel a month ago to train the
team before this first deployment on public roads. I am glad that we are
progressing according to plan and are now ready for Swedish climate and
conditions.†– Håkan Sundelin, Project Manager, Smartroad Gotland
“We are very excited to deploy our technology for a real world
application for the first time after proving that it is fully functional
in our test site. As part of the process we are also shifting to mass
production of our coils on the way to full commercialization of our
technology.†– Oren Ezer, CEO, ElectReon Wireless
“We believe this technology has potential to become a standard for
roads in the future, and we want to use our skills to take it there. NCC
has experience from other ERS solutions that will benefit the
construction of the smart road in Gotland. The technology has shown
impressive results already.†– Stefan Hörnfeldt, affärschef eRoad, NCC
Infrastructure
How it works
The system consists of three key elements; the Coil transferring
energy to a Receiver on the vehicle and a Management Unit connected to
the grid controlling the process. The Management Unit is connected to
the electric grid and transfer energy to copper coils buried 8 cm below
the lane when a valid vehicle is exactly above. The energy is wirelessly
transferred from the coil to a receiver mounted underneath the vehicle.
The system makes sure only valid vehicles receives energy and keeps
track of how much in order to bill the right customer. A passenger car
needs one receiver and a 40-ton truck would use five, but utilizing the
same infrastructure.
Partners of the Smartroad Gotland project
Caverion, Dan transport, Eitech, Electreon AB, Flygbussarna, GEAB,
Gotland GPe Circuit AB, Gotlands Bilfrakt, Hutchinson, Matters Group,
Eksjö Maskin & Truck, Region Gotland, NCC, OSAB, RISE, Science Park
Gotland, Swedavia, Trafikverket, World Ecological Forum.
Posted by AGORACOM-JC
at 8:59 AM on Tuesday, November 19th, 2019
Signed a definitive asset purchase agreement to acquire all assets of Nevada Botanical Science, Inc.
Transaction valued at USD$7.5Â million
NBS currently operates a 5,000 sq. ft. indoor cultivation facility and has been approved for expansion of up to 60,000 sq. ft of greenhouse space.
Property also includes an operating extraction facility and licensed and approved commercial kitchen.
This infrastructure is capable of manufacturing and bottling beverages and edibles and is currently used by NBS for both white label and branded product manufacturing.
TORONTO, Nov. 19, 2019 — North Bud Farms Inc. (CSE: NBUD) (OTCQB: NOBDF) (“NORTHBUD” or the “Company”) is pleased to announce that Bonfire Brands USA, a wholly owned subsidiary of NORTHBUD, has signed a definitive asset purchase agreement to acquire all assets of Nevada Botanical Science, Inc. (“NBSâ€) (see June 25, 2019 press release) in a transaction valued at USD$7.5 million.
Nevada Botanical Science (NBS) is located in Reno, Nevada. NBS holds
Nevada State medical and adult use licenses for cultivation, extraction
and distribution. NBS operates an integrated cannabis operation located
on 3.2 acres of land within the Reno green zone industrial park. NBS
currently operates a 5,000 sq. ft. indoor cultivation facility and has
been approved for expansion of up to 60,000 sq. ft of greenhouse space.
The property also includes an operating extraction facility and licensed
and approved commercial kitchen. This infrastructure is capable of
manufacturing and bottling beverages and edibles and is currently used
by NBS for both white label and branded product manufacturing. Operated
by healthcare professionals, NBS has been primarily focused on the
Nevada State medical cannabis market. NBS currently manufactures and
sells award winning (Jack Herer Cup 2018) topical pain creams, balms and
lotions under the Trichomic medical brand.
This past year NBS launched a trial release of cannabis infused
cocktails under the brand “Happiest Hourâ€. Collaborating with local
craft beverage manufactures NBS released a variety of beverages
including Margarita, Pina Colada, Bloody Mary, Long Island Ice Tea and
Lemonade to select retailers in the state. To date retailer adoption and
reordering has been 100% and based on customer feedback, NBS will
increase production and distribution including additional retailers in
Las Vegas in 2020. NBS has also finished a successful trial launch of
its energy shot 1oz beverage containing 25mg of THC and 50mg of
Caffeine. The Company plans to run a second branded trial in early 2020.
Over the past three months NBS and NORTHBUD have been working together
in preparation for the release of NORTHBUD branded dried flower products
in Q4 2019 and a variety of infused and non-infused pre rolls.
“Subject to the finalizing of the previously announced acquisition of
the Qlora Group in California, the Company plans to establish a unified
product manufacturing and distribution platform within these two
important states,†said Justin Braune, President of Bonfire Brands USA.
“The license classes in California and Nevada allow for identical
activities and the Company has been in negotiation with multiple
potential JV partners who wish to leverage this unique platform. Being
one of the few multi state operators with operations in both states will
allow us to offer turnkey solutions to prospective partners moving
forward.â€
Transaction Terms
The transaction (the “Transactionâ€) is structured as an asset
purchase agreement whereby in exchange for the purchase of all of the
securities and assets of NBS, NORTHBUD is paying a total of
USD$7,500,000 as follows:
Cash payment of USD$500,000 (paid in full);
Approximately USD$1 million in convertible shares of Bonfire Brands USA (6,500,000 “convertible sharesâ€); and
A USD$6,000,000 interest bearing promissory note.
The convertible shares may be exchanged on a 1-1 basis with common
shares of NBUD at the discretion of the shareholder. At the time of
signing, the converted value of these securities was equal to
USD$1,000,000. All applicable U.S. and Canadian regulatory holds shall
apply upon conversion.
As per the terms of the agreement NBS will allocate pro rated
ownership of assets in NBS and all associated licenses to Bonfire Brands
USA throughout the re-payment period, subject to state approval.
Bonfire Brands and NBS have agreed to an operations and management
arrangement allowing Bonfire to assume operational control, begin
integration and driving revenue immediately.
“The NORTHBUD and Bonfire Brands USA team are extremely proud to have
finalized this agreement making the state of Nevada our strategic entry
point into the U.S. legal cannabis market,†said Ryan Brown, CEO of
NORTHBUD. “We are equally proud of the structure of the deal and how it
minimizes shareholder dilution while allowing our team to begin
integration and operations with a focus on immediate revenue growth in
one of the most sought-after adult use markets in North America. Our
team has been looking at acquisitions in Nevada for over two years
before finding the right fit. 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).â€
The securities of the Company have not been and will not be
registered under the United States Securities Act of 1933, as amended
(the “U.S. Securities Actâ€) or any state securities
laws. Accordingly, the securities of the Company may not be offered or
sold within the United States unless registered under the U.S.
Securities Act and applicable state securities laws or pursuant to an
exemption from the registration requirements of the U.S. Securities Act
and applicable state securities laws. This news release does not
constitute an offer to sell or a solicitation of an offer to buy any of
the securities of the Company in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
The Transaction is a significant acquisition but will not result in a
“Fundamental Change†pursuant to the policies of the CSE. NORTHBUD will
be preparing the necessary corporate and securities filings in order to
secure the required approvals for the Transaction.
The parties have agreed to pay USD$187,500 in broker/finder fees to
arm’s length parties on a prorated basis connection with the closing of
the Transaction.
The closing of the Transaction is conditional on the receipt by the
parties of applicable corporate and regulatory approvals, including that
of the CSE.
About Nevada Botanical Science, Inc.
Founded by a group of northern Nevada physicians and healthcare
professionals who believe in the promise of medical cannabis, Nevada
Botanical Science has developed a world class cannabis production,
research and development facility in Reno’s Washoe County. Its work and
commitment are fully in compliance with the Hippocratic Oath as well as
Nevada statute. Nevada Botanical Science is dedicated to ensuring the
highest measure of safety, governance and stewardship for its patients,
employees and the community it serves.
North Bud Farms Inc., through its wholly owned subsidiary GrowPros
MMP Inc., is pursuing a licence under The Cannabis Act. The Company has
built a state-of-the-art purpose-built cannabis production facility
located on 135 acres of Agricultural Land in Low, Quebec, Canada.
NORTHBUD through its wholly owned U.S. subsidiary, Bonfire Brands USA
has acquired Nevada Botanical Science, Inc. a world class cannabis
production, research and development facility with 5,000 sq. ft. of
indoor cultivation in Reno’s Washoe County. Nevada Botanical Science
holds medical and adult use licenses for cultivation, extraction and
distribution. Bonfire Brands USA has entered into an agreement to
acquire assets in Salinas, California.
Neither the Canadian Securities Exchange (the “CSEâ€) 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, including 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. This press release contains forward- looking statements
including those relating to the entering into of the Definitive
Agreement and closing of the Transaction with Nevada Botanical Science,
Inc. Forward-looking statements 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]
