Agoracom Blog

ThreeD Capital Inc. $IDK.ca – #Branson – backed #cryptocurrency firm launches a super-fast exchange to take on #Coinbase $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 3:36 PM on Tuesday, July 30th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

Branson-backed cryptocurrency firm launches a super-fast exchange to take on Coinbase

  • Blockchain’s exchange is the result of work led by a team of former trading industry executives.
  • The exchange can execute orders in a matter of “microseconds,” according to CEO Peter Smith.
  • The firm has raised $70 million from investors including Richard Branson, Alphabet and Lakestar.

Blockchain CEO Peter Smith. Krisztian Bocsi | Bloomberg via Getty Images

Blockchain, one of the world’s largest cryptocurrency wallet platforms, says it’s launched a digital currency exchange aimed at delivering “lightning-fast” trades.

The company’s exchange, called The PIT, is the result of a behind-the-scenes effort led by a team of former executives from the New York Stock Exchange, TD Ameritrade, Google and Goldman Sachs.

According to Blockchain CEO Peter Smith, the new exchange’s matching engine Mercury can execute buy or sell orders in “40 to 50 microseconds,” an “order of magnitude faster than other market players” like Coinbase and Binance.

Founded in 2011, Blockchain initially started out with what’s known as a block explorer — kind of like an internet browser for cryptocurrency data — and then built digital wallets for users to store and exchange their crypto. It derives its name from the eponymous blockchain network that records bitcoin transactions.

Having enjoyed popularity with bitcoin enthusiasts — Blockchain claims to account for about 25% of daily activity on the bitcoin network — the company is hoping its exchange platform will help lure in the uninitiated.

“There’s a huge audience of people who have not yet placed their first bitcoin trade,” Nicole Sherrod, head of trading products at Blockchain, told CNBC in an interview. Sherrod previously led the active trading product team at online stock broker TD Ameritrade before joining Blockchain.

Sherrod said the new trading platform would give investors a degree of liquidity not seen in competitor exchanges.

“In volatile markets in particular, speed is of utmost importance,” she said. “I would not feel comfortable delivering a platform to retail investors that puts them in a position where they couldn’t get in and out of a trade with lightning-fast speed.”

Blockchain CEO Peter Smith says the cryptocurrency firm’s new exchange can executive order in a matter of “microseconds.” Blockchain

Cryptocurrencies have gained a reputation for their volatile price swings. Bitcoin in late 2017 skyrocketed to a near-$20,000 record high, before plummeting the following year to as low as $3,122. The world’s best-known digital currency has been on the rise this year, however, last trading at $9,502.

Bitcoin’s rise in 2019 was attributed in part to Facebook’s plans to create a cryptocurrency, with analysts saying it brings some much-needed credibility to cryptocurrencies. Facebook’s Libra project has been panned by regulators, however, concerned by the risks it may pose to consumers.

One big hurdle for the industry to overcome is bringing institutional investors with deep pockets on board. That may be slowly starting to happen, with financial services giant Fidelity signaling it’s warming to the space. Sherrod said that Blockchain’s crypto exchange is providing liquidity through “institutional-level market makers.”

Blockchain said its exchange will be available in more than 200 countries, starting with 26 trading pairs. Users will be able to link their bank account with Blockchain and use U.S. dollars, euros and sterling to trade cryptocurrencies.

The company has raised over $70 million from investors including British billionaire Richard Branson, Alphabet venture arm GV and early Spotify backer Lakestar. It has also accrued over 40 million users, Blockchain said, who will be able to transfer crypto from their wallets to the exchange.

Source: https://www.cnbc.com/2019/07/30/bitcoin-blockchain-launches-crypto-exchange-to-take-on-coinbase.html

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Tartisan #Nickel $TN.ca – #EV Makers Have A New Favorite Metal… Nickel $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 2:44 PM on Tuesday, July 30th, 2019

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

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Fact Sheet
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EV Makers Have A New Favorite Metal…Nickel

By MINING.com – Jul 12, 2019, 12:00 PM CDT

  • Battery metals tracker Adamas Intelligence says electric vehicle manufacturers deployed 57 percent more nickel in passenger EV batteries in May this year, compared to 2018.

The Toronto-based research company, which tracks EV registrations and battery chemistries in more than 80 countries says the nickel metal equivalent used in lithium-ion batteries (primarily in the form of nickel sulphate) increased by 69 percent whereas the amount used in nickel metal hydride (NiMH) batteries (primarily in the form of nickel hydroxide and AB5 nickel-REE alloy) increased by 26 percent.

The deployment of nickel also outpaced the growth of the EV market overall. In May this year, total passenger EV battery capacity deployed globally was 48 percent higher year-on-year, according to Adamas data.

Nickel’s inroads are mainly due to shifting chemistries of nickel-cobalt-manganese (NCM) battery cathodes.

First generation NCM111 batteries had a chemical composition of 1 part nickel, 1 part cobalt and 1 part manganese, but NCM batteries with higher nickel content (622 and 523 chemistries) are quickly becoming the standard in China, which is responsible for half the world’s electric car sales, and a much greater proportion of EV battery manufacture.

With worries about the security of supply of cobalt persisting, the industry is now fast moving towards even higher nickel content with the market share of NCM811 increasing to 2 percent worldwide and 4 percent in China in May, a doubling of market share in just one month.q Related: China’s Crude Oil Imports Rise In June

Adamas points out that in China the increased deployment coincided with the launch of a number of new EV models in China using NCM811 cells from battery leader CATL.

The world’s number one carmaker, Volkswagen, is spending more than $50 billion on batteries to start mass producing EVs by mid-2023 and the company announced earlier this month that from 2021 it would use the NCM811 composition.

Nickel touched $13,000 a tonne for the first time since April on Wednesday. The price is up just over 19 percent in 2019 as the EV boom creates additional demand and primary use of the metal today – stainless steel production – continues to grow.

Cobalt is now worth $28,000 a tonne after peaking at $95,000 little more than a year ago as miners in the Congo – responsible for two-thirds of output – ramp up production.

By Mining.com

Source: https://oilprice.com/Energy/Energy-General/EV-Makers-Have-A-New-Favorite-Metal.html

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Spyder Cannabis $SPDR.ca – New normal in US Congress: #Marijuana hearings, reform bills & how they could affect the MJ industry $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 11:51 AM on Tuesday, July 30th, 2019

SPONSOR: Spyder Cannabis Inc. (TSX-V: SPDR) An established chain of high-end vape stores in Ontario, Canada. The company has an aggressive expansion plan already in place that will focus on Canadian retail and US Hemp-Derived kiosks in high traffic areas. Click here for more info.

(TSX-V: SPDR)

New normal in US Congress: Marijuana hearings, reform bills & how they could affect the MJ industry

By Jeff Smith

  • Cannabis has gone from the butt of jokes on Capitol Hill to milestone hearings and the introduction of landmark legalization reform packages that offer the potential to pave the way for billions of dollars in new business opportunities nationwide.
  • The current situation is in stark contrast to just a couple of years ago, showing how far and how quickly marijuana reform has come in Washington DC – even if it doesn’t appear at the moment to have a good chance to pass the full Congress.

The Marijuana Business Factbook estimates that from 2018 to 2023, sales of legal cannabis in the United States could grow by nearly 200%, but those estimates also suggest legal sales represent a fraction of the estimated total potential demand for cannabis in the United States.

Demand for recreational cannabis is roughly $50 billion-$60 billion when black-market demand is included, according to the Factbook.

Federal legalization obviously would offer licensed MJ businesses inroads to take a bigger bite of the overall demand.

How times are changing in DC around MJ

Just a few months ago, the consensus was that the federal marijuana legislation most likely to pass would be narrowly focused, such as a bill to help veterans or spending bill amendments to protect state-legal cannabis programs.

Now the leading House measure appears to involve a comprehensive bill that would legalize marijuana nationwide.

The Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019 could open massive business opportunities for legal cannabis firms around the country, similar to the federal legalization of hemp, if it passes. But that’s a big “if.”

Experts point out major reform before 2021 has long odds because of resistance in the Republican-controlled Senate.

But here’s the new normal:

  • Cannabis reform garnered milestone congressional hearings this year in both the Democratic-controlled House and the Republican-controlled Senate.
  • A U.S. House committee approved a cannabis banking bill, sending the measure toward the full chamber.
  • House Judiciary Committee chair Jerrold Nadler introduced the MORE Act, a comprehensive bill that would legalize marijuana nationwide by removing it from the Controlled Substance Act.

House Democrats are in effect saying that marijuana reform no longer needs to be modest, said Douglas Berman, director of Ohio State University’s Drug Enforcement and Policy Center.

“I have this ever-growing sense that more progressive advocates for marijuana reform think the momentum is on their side and that they don’t have to be content with a set of modest reforms or even an industry-friendly reform that doesn’t expressly seek to address the social equity parts of the story,” Berman noted.

Nadler’s bill, for example, not only would legalize cannabis nationwide, but through a 5% rec MJ sales tax, it would fund programs to help individuals and communities disadvantaged by the federal marijuana prohibition.

Marijuana entrepreneurs are paying close attention, and industry experts attribute the shifting ground to:

  • Strong public support for reform. Some polls find it exceeding 60%.
  • Democrats have control of the House and, thus, the committees that set the schedules for hearings.
  • The Democratic presidential lineup includes near unanimity that marijuana should be federally legalized.
  • A strategy exists among Democrats that it’s better to ask for more than less to build negotiating leverage for eventual reform.
  • There’s a growing consensus that comprehensive cannabis reform must include elements of social justice and equity as well as reinvestment in communities most affected by the war on drugs. Progressives in the Democratic party have expressed that attitude, and recreational marijuana legalization discussions in Illinois, New Jersey and New York have reflected it as well.

Addressing MJ banking/tax conundrums

Large industry groups including the American Bankers Association and the Credit Union National Association increasingly are pushing for specific reforms, such as the SAFE Banking Act, which would enable financial institutions to serve state-lawful cannabis businesses without fear of federal prosecution.

“It’s really the voices of these groups that have given the momentum and traction to the issue in the Senate,” said Saphira Galoob, CEO of the Liaison Group and executive director of the National Cannabis Roundtable.

U.S. Rep. Earl Blumenauer, a longtime advocate for marijuana reform from Oregon, told the media that Nadler’s bill will represent the “path forward” to fixing cannabis policy in the House.

That’s because most major reform measures must go through the House Judiciary Committee, and Nadler controls which bills get considered.

Many experts doubt he’ll want committee votes on bills other than his own.

The House Judiciary Committee may mark up his reform bill and vote on it by as soon as September, after lawmakers return from their summer recess, Blumenauer and others noted.

The Nadler bill would resolve major industry issues such as access to banking and tax equity.

But Berman said he would be surprised if the Republican-controlled Senate considers the Senate version of Nadler’s bill, which is sponsored by Sen. Kamala Harris, a California Democrat running for president.

Experts say major reform still faces high hurdles in the Senate.

Senate Majority Leader Mitch McConnell, a Kentucky Republican, “has unilateral control of the Senate schedule,” St. Louis-headquartered investment firm Stifel noted in a recent cannabis industry update.

“His statements have suggested personal opposition to marijuana, and we believe his political calculus favors keeping his senators off the record with many Republicans facing re-elections in areas without more progressive marijuana policies,” the report added.

That seemed to be the case when the Senate Banking Committee recently held a landmark hearing on cannabis banking.

Committee Chair Michael Crapo from Idaho was the only Republican present of the 13 Republicans on the committee.

The future role of SAFE and the STATES Act

The prevailing view by many experts is that major reform becomes even less likely as the 2020 election draws near.

But it’s hard to predict political dynamics.

If President Donald Trump or McConnell wants reform for political reasons, then it could occur, Berman said.

So if Nadler’s bill becomes the leading House bill, what happens to other cannabis-related legislation, such as the STATES Act, which would protect state-lawful cannabis businesses from federal interference but wouldn’t legalize marijuana nationwide?

Blumenauer, who earlier this year predicted that the House would pass SAFE, said that measure would be unnecessary if Nadler’s bill goes through the House.

STATES, which has no social equity component, has “interesting support” and “still has the opportunity to be the catalyst in the Senate,” Blumenauer said.

STATES also has some implicit support from U.S. Attorney General William Barr.

Neal Levine, CEO of the Cannabis Trade Federation, lauded Nadler’s bill.

But the industry group still is backing the STATES Act as well, Levine told Marijuana Business Daily.

Jeff Smith can be reached at [email protected]

Source: https://mjbizdaily.com/new-normal-us-congress-marijuana-hearings-reform-bills-how-could-affect-cannabis-industry/

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American Creek $AMK.ca Reports 780m Intercept of 0.683 g/t #Gold Including a Higher Grade Upper Portion of 1.095 g/t over 370.5m in New Hole at Treaty Creek Prompting Mobilization of Second Drill to Project $SII.ca $SA $SKE.ca $TUD.ca $PVG.ca $MRO.ca $NGT.ca $SPMT.ca $GTT.ca$III.ca $GGI.ca

Posted by AGORACOM-JC at 10:55 AM on Tuesday, July 30th, 2019
AMK:TSX-V
  • 780 Meter Intercept of 0.683 g/t Gold;
  • Including a higher grade upper portion of 1.095 g/t over 370.5 meters in new hole at Treaty Creek
  • Results prompting mobilization of second drill to project
  • Darren Blaney, President and CEO of American Creek, commented: “This is very encouraging as we have our best hole to date at Treaty. Furthermore, in addition to a major extension of the system to the northeast, we are now seeing some high grade gold, silver and base metals showing up in the core. I congratulate Mr. Konkin on delivering the goods. Well done!”

Cardston, Alberta–(July 30, 2019) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”) (“American Creek”) is pleased to announce results from the first three diamond drill holes at the Goldstorm Zone on the Treaty Creek Joint Venture project, located in the Golden Triangle of NW British Columbia. In light of the favourable results obtained during phase one drilling, a second drill has arrived on-site and has begun drilling for the phase two portion of the program.

Tudor Gold Exploration Manager, Ken Konkin explains: “The Goldstorm system continues to grow rapidly along strike to the northeast and towards the footwall contact zone to the southeast. The best near-surface intercept obtained to-date on the project has been obtained from the latest hole; GS19-42. This is a vertical hole that is a 150m step-out to the northeast from drill hole CB18-39 (0.981g/t Au over 563.8m intercept). The higher grade upper portion of last year’s hole CB18-39 averaged 1.141 g/t Au over 280.5m compared to the same upper mineralized horizon of GS19-42 that averages 1.268 g/t Au over a 252.0 m intercept. The system appears to be gaining strength to the northeast as the depth is now showing to exceed 700m, with an average of 0.683 g/t Au over 780 meters of vertical intercept. The mineralized horizon appear to be near flat-lying with excellent grade consistency between holes along the upper horizon. Exploration efforts will attempt to extend the zone further to the northeast with yet another 150m NE step-out hole from GS19-42.”

Drill holes GS19-40 and GS19-41, were successful in locating the footwall contact zone, which is a very fine-grained strongly silicified volcanic unit. Furthermore, porphyritic intrusive was also encountered at the base of GS19-40, and within GS19-41 that returned anomalous copper and molybdenum values. As well, a strong silver-bearing base-metal system has been seen for the first time in the northernmost hole (GS19-42), within the upper mineralized horizon. Values of 33.51 g/t Au, 1,154 g/t Ag, 2.89% Cu, 5.96% Pb and 1.89% Zn were returned over a 1.5 meter interval from 209.5 m to 211.0 m was a pleasant surprise in the last hole GS19-42.

The following table provides gold composites from the Goldstorm Zone in the first three 2019 drill holes completed:

Table I: Gold Composites for GS19-42, 41 and 40

SECTION HOLE  ID FROM  M TO
M		Interval
(M)		GOLD
(gpt)
112+50NEGS19-4263.5843.57800.683
 including63.5315.52521.268
 including63.5434370.51.095
      
108+00NEGS19-4127.53533250.589
 including47146991.015
 GS19-40233503270.443
 including81.512745.50.907

* All assay values are uncut and intervals reflect drilled intercept lengths.

* True widths of the mineralization have not been determined.

Goldstorm Zone Drill Sections 108+00 NE and 112+50 NE and Goldstorm Zone Plan Map are included at the bottom of the news release.

Walter Storm, President and CEO of Tudor Gold, stated: “I am delighted to see that the Goldstorm Zone has been expanded for another 150 meters with this step out drill-hole 42. I am looking forward to potentially expanding the Goldstorm zone again with another 150 meter step out drill-hole, which has started with our second drill.”

Darren Blaney, President and CEO of American Creek, commented: “This is very encouraging as we have our best hole to date at Treaty. Furthermore, in addition to a major extension of the system to the northeast, we are now seeing some high grade gold, silver and base metals showing up in the core. I congratulate Mr. Konkin on delivering the goods. Well done!”

QA/QC

Drill core samples were prepared at MSA Labs’ Preparation Laboratory in Terrace, BC and assayed at MSA Labs’ Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001.

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Tudor Gold’s Exploration Manager, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

About American Creek

American Creek is a Canadian junior mineral exploration company with a strong portfolio of gold and silver properties in British Columbia.

Three of those properties are located in the prolific “Golden Triangle”; the Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter Storm as well as the 100% owned past producing Dunwell Mine.

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 60% and acting as operator. American Creek and Teuton Resources each have 20% interests in the project. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have “free rides”.

Tudor is presently conducting a major drill program at Treaty Creek with the objective being to define a significant gold resource.

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.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.


Figure 1: Goldstorm Zone Plan View

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/682/46636_856d7b85a40a78b9_001full.jpg


Figure 2: Goldstorm Zone Section 112+50 N View 030

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/682/46636_856d7b85a40a78b9_002full.jpg


Figure 2: Goldstorm Zone Section 108+00 N View 030

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/682/46636_856d7b85a40a78b9_003full.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/46636

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BetterU Education Corp. $BTRU.ca – Byju Raveendran newest billionaire of Indian startup ecosystem #edtech $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 9:58 AM on Tuesday, July 30th, 2019
SPONSOR:  Betteru Education Corp. aims to provide access to quality education from around the world. The Company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. Click here for more information.
BTRU: TSX-V

Byju Raveendran newest billionaire of Indian startup ecosystem

The founder of BYJU’s joined the billionaire’s gang following the edtech startup’s latest funding, which valued the company at $5.7 billion.

Thimmaya Poojary 29th Jul 2019

  • Byju Raveendran, the founder of the leading edtech startup – BYJU’s, became the latest billionaire of the Indian startup ecosystem after his company’s latest funding round, according to a media report.

A report by Bloomberg stated that BYJU’s valuation is now at $5.7 billion after it raised $150 million in funding earlier this month. Byju Raveendran is reported to be holding a 21 percent stake in the company.

The edtech startup’s founder joins the elite list of billionaires from the Indian startup ecosystem, which includes Flipkart founders Sachin Bansal and Binny Bansal, Paytm founder Vijay Shekar Sharma, Media.net founder Divyank Turakhia, and Zerodha Co-founder Nitin Kamath.

The Barclays Hurun India Rich List 2018 – a compilation of the richest individuals in India with a net worth of Rs 1,000 crore or more – saw the entry of 19 entrepreneurs from unicorn companies such as Paytm, Flipkart, Udaan, Oyo, Ola, and BYJU’s, among others.

Byju Raveendran, Founder and CEO, BYJU’S

The list was topped by Divyank Turakhia with a total wealth of Rs 11,600 crore, followed by Vijay Shekhar Sharma at Rs 10,500 crore, and Nithin Kamath and family at Rs 8,600 crore.

BYJU’s has been on a fundraising spree. Earlier this month, it raised $150 million investment led by Qatar Investment Authority (QIA). The round also saw participation from Owl Ventures, a leading investor in education technology.

In March, 2019, the company secured Rs 214 crore in funding from its existing investors New York-headquartered equity firm General Atlantic and Chinese conglomerate Tencent.

The Bengaluru-based unicorn had earlier announced that it has tripled its revenue to Rs 1,430 crore in FY 18-19, and also turned profitable on a full year basis.

BYJU’s added that its app is recording high adoption, with an 85 percent annual renewal from small towns and cities. This shows an increasing acceptance of digital learning as a primary tool for learning at home.

Source: https://yourstory.com/2019/07/byju-raveendran-billionaire-edtech-startup

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Applied BioSciences $APPB Provides Corporate Update and 2019 Business Outlook $CGRW $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca

Posted by AGORACOM at 8:40 AM on Tuesday, July 30th, 2019

Key Management appointments, including Raymond W. Urbanski MD, PhD, former business unit Chief Medical Officer at Pfizer Inc., as Chief Executive Officer provides extensive industry leading expertise, strategic focus and discipline on the execution of corporate initiatives

Purposefully built strategic business units focused on leveraging science-driven cannabinoid research to address areas of significant unmet needs and access growing markets

Multiple expected near-term value driving milestones

BEVERLY HILLS, CA / ACCESSWIRE / July 30, 2019 / Applied BioSciences Corp. (OTCQB:APPB) (“Applied” or the “Company”), a vertically integrated company focused on the development of science-driven cannabinoid biopharmaceuticals and the production of high-quality CBD products, today provided a corporate update and business outlook for the remainder of 2019.

Corporate Highlights

  • Renewed strategy focused on leveraging endocannabinoid system to develop high-value products across three separate business units, including:
  • Biopharmaceuticals: goal to develop novel therapeutics to treat serious diseases across a range of therapeutic areas, including metabolic, peripheral neuropathy and progressive lung disease
  • CBD Products: multiple brands offering high-quality CBD products to the highest regulatory standards;
  • Bolstered leadership team with highly qualified individuals including Raymond W. Urbanski MD, PhD, as Chief Executive Officer, former business unit Chief Medical Officer at Pfizer Inc. and well-established industry leading expert with over 20 years of experience in clinical development, research and pharmaceutical industry expertise across oncology, cardiology, endocrinology, and immunology;
  • Appointed Martin Schroeder to the Scientific Advisory Board and as President of Applied BioPharma. Mr. Schroeder has over 30 years of experience in the pharmaceutical and biotech industries and has helped many biotech and pharmaceutical companies conduct search and evaluation of compounds and molecules;
  • Launched multiple new products and expanded into the Beverage and Health / Wellness category with Remedi Spa and Remedi Beverage and Shot;
  • Commenced discussions regarding proposed scientific trials with two leading Universities specializing in Veterinary Medicine;
  • Announced the acquisition of Trace Analytics with over 65 years of combined experience in the global testing market for Cannabis and Hemp;
  • Partnered with Boxing Heavyweight Champion, Shannon “The Cannon” Briggs to launch Champ Organics, an athlete-focused cannabidiol (“CBD”) based health and wellness supplements product line that enhances training and recovery; and
  • Launched robust business development initiative to build biopharmaceuticals pipeline.

“Over the course of my academic and pharmaceutical career, I have developed a keen interest in the benefits of cannabinoids and their ability to address a wide range of disease states. I saw a great deal of potential in Applied’s science-based approach to the endocannabinoid system, which ultimately drove me to join at what I believe is a pivotal time in the Company’s history. Now with the right team in place and a renewed focus on our corporate and clinical strategies, I believe we have the potential to drive value for all stakeholders and impact areas of significant unmet need in established and rapidly growing markets,” commented Dr. Raymond Urbanski, Chief Executive Officer. “As we look towards the rest of 2019, we remain focused on the critical importance of taking the necessary steps to build a solid foundation from which we can launch future expansion and growth. With all our strategic approaches in place, we believe we are well-positioned to unlock the full potential of Applied BioSciences.”

Applied BioPharma

The Applied BioPharma business unit is focused on the development and commercialization of novel therapeutics to treat serious diseases by leveraging industry leading pipeline of endocannabinoid system-targeted drug candidates.

The Company is actively seeking in-license opportunities with the goal of developing an industry leading pipeline of endocannabinoid system-targeted drug candidates that address significant unmet needs across a wide range of therapeutic areas. The Applied management team expects to announce at least one in-licensing agreement before year end.

Applied Products

The Applied Products business unit currently consists of eight different brands of hemp-derived, THC-free, pharmaceutical grade CBD isolates and distribution products, all of which ship to the majority of U.S., as well as to multiple non-US countries. The Company’s portfolio currently includes consumer, animal health, women’s health and sports medicine products.

Applied Products operates under a differentiated approach to quality and regulatory practices within the industry, which it believes well-positions them to be leaders in the market and access the significant opportunity for revenue generation. All CBD products utilize the most proven and effective production methods to ensure the highest quality output. The Company’s Full Spectrum products are made using CO2 Extraction, which allows for the proper retention of cannabinoids and terpenes vs a distillate, and a winterization process. Applied’s THC Free products are CBD Isolate infused. This isolation process leaves behind pure pharmaceutical grade CBD only, ensuring the highest quality is achieved. Additionally, the Company’s Nano CBD Isolate products use a specialized Nano-Particulizer, a process which creates a pure nano-molecule.

“The CBD industry continues to be of great interest among the medical and investment community. We have seen rapid growth and continue to witness advancements in the space, however current products on the market are not high quality or are not actually what the label claims them to be. Our team sees room for significant improvement and believe we have a competitive advantage by offering high-quality products through our differentiated approach,” said Scott Stevens, Founder and Chairman of the Board.

Trace Analytics, Inc.

Trace Analytics Inc., a majority owned subsidiary of Applied, is a leading cannabis science and technology company with significant footprints in lab testing, research and development and licensing. Trace Analytics was started by a group of scientists who specialized in analytical chemistry, genetics and molecular biology. The focus of the team is to ensure compliance with public safety standards and end user safety. Trace Analytics is in the process of expanding throughout the United States, and globally. With the goal of helping the rest of the world adopt “best practices” in cannabis and hemp testing, the company also provides expert consulting services to legislators and regulators in many countries, states and municipalities around the world.

The Company is actively establishing a global medical and consumer platform and multiple brands through creating a platform to partner and invest in various segments in the consumer industry and establish key exclusive strategic alliances which serve to accomplish the task of becoming the market leader. For more information, please visit: http://traceanalytics.com

Upcoming Milestones Expected to Drive Value

  • In-license product candidates to build robust pipeline for the Applied BioPharma division;
  • Explore strategic options for non-dilutive funding with Trace Analytics;
  • Successfully execute overall strategy of the Company and Business Development efforts;
  • Engage with key stakeholders in the investment community and execute on the robust effort to raise awareness of the Company; and
  • Uplist to a National Exchange.

Dr. Urbanski concluded, “Our priority moving forward is to successfully execute our corporate strategy. We continue to make significant steps to raise the awareness of the Company with multiple stakeholders in the investment community as well as a number of strategic partners. Additionally, we have embarked on a formalized investor relations and corporate communications strategy to continue building off the momentum and firmly believe this will provide us with the opportunity to enhance the profile of Applied BioSciences and ultimately position us to uplist to a National Exchange. We look forward to continue providing you with updates as we execute our strategies in place.”

About Applied BioSciences Corp.

Applied BioSciences is a vertically integrated company focused on the development of science-driven cannabinoid therapeutics / biopharmaceuticals and delivering high-quality CBD products as well as state-of-the-art testing and analytics capabilities to our customers.

Applied BioSciences is focused on, testing and analytics, consumer and OTC brands, and partnership opportunities in the medical, health and wellness, and nutraceuticals. The Company has several strategic partnerships currently in place and is actively pursuing additional partnerships and other strategic growth opportunities. For more information, visit the Company’s website.

Investor and Media Contact:

[email protected]
(833) 475-8247

SOURCE: Applied BioSciences Corp.

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American Creek Resources $AMK.ca Announces $1,000,000 Strategic Financing with Eric Sprott $SII.ca $SA $SKE.ca $TUD.ca $PVG.ca $MRO.ca $NGT.ca $SPMT.ca $GTT.ca $III.ca $GGI.ca

Posted by AGORACOM at 8:49 PM on Monday, July 29th, 2019
  • Eric Sprott enters strategic Investment with AMK for 20 Million Shares
  • Mr. Sprott has agreed to sign a voting agreement in which he will vote with management in the event of a hostile takeover bid
  • Will also vote with management if management agrees to accept a takeover bid.

Cardston, Alberta–(Newsfile Corp. – July 29, 2019) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”) (“American Creek”) today announced that it intends to complete a non-brokered private placement with Eric Sprott’s private company, 2176423 Ontario Ltd. consisting of the issuance of 20,000,000 units (“Units”) at a price of $0.05 per Unit for proceeds of $1,000,000.

Each Unit will consist of one common share of the Corporation (“Common Share”) and one non-transferrable Common Share purchase warrant (“Warrant”). Each Warrant may be exercised for one additional Common Share at a price of $0.065 for a period of 24 months from the closing date of the Offering. The Warrants will be subject to an acceleration provision which provides that in the event that the market closing price of the Corporation’s shares exceeds $0.12 for 30 consecutive days, the Corporation may within 5 days after such an event, provide notice to the Warrant holder of early expiry and thereafter, the Warrants will expire on the date which is 15 days after the date of the notice to the Warrant holder.

As part of this financing and the issuing of the Units, Mr. Sprott has agreed to sign a voting agreement in which he will vote with management in the event of a hostile takeover bid, and to also vote with management if management agrees to accept a takeover bid.

Darren Blaney, President & CEO of American Creek, stated: “We welcome Mr. Sprott’s involvement and significant contribution. This is an endorsement of not only the potential of the Treaty Creek project but also of our other projects we’ve been able to successfully acquire. With Mr. Sprott’s support and with market conditions improving, we very much look forward to working together to advance these projects and create additional value for our shareholders.”

The securities are offered to qualified purchasers in reliance upon exemptions from prospectus and registration requirements of applicable securities legislation. No finder’s fees will be paid related to this financing.

Proceeds will be used for general operating purposes including settling current debt and advancing the Corporation’s portfolio of mineral properties.

This private placement is subject to approval by the TSX Venture Exchange.

About American Creek

American Creek is a Canadian junior mineral exploration company with a strong portfolio of gold and silver properties in British Columbia.

Three of those properties are located in the prolific “Golden Triangle”; the Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter Storm as well as the 100% owned past producing Dunwell Mine.

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 60% and acting as operator. American Creek and Teuton Resources each have 20% interests in the project. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have “free rides”.

Tudor is presently conducting a major drill program at Treaty Creek with the objective being to define a significant gold resource.

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.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.

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HPQ-Silicon Resources $HPQ.ca – The Global Energy Map Is Changing Faster Than You Think $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 5:38 PM on Monday, July 29th, 2019

SPONSOR: HPQ-Silicon Resources HPQ: TSX-V aiming to become the lowest cost producer of Silicon Metal and a vertically integrated and diversified High Purity, Solar Grade Silicon Metal producer. Click here for more info.

HPQ: TSX-V

The Global Energy Map Is Changing Faster Than You Think

YANGZHOU, CHINA – JUNE 24: Aerial view of fishermen catching crayfish next to photovoltaic solar panels at a fishery-solar hybrid photovoltaic power station on June 24, 2019 in Yangzhou, Jiangsu Province of China. (Photo by Meng Delong/VCG)

Enrique Dans Contributor

  • A $20 billion investment aims to supply electricity to Singapore from what will be, for the time being, the world’s largest solar farm: Sun Cable.
  • Located in Australia and linked by a 3,800-kilometer submarine cable, its magnificent 15,000 hectares of solar panels will provide about 10 gigawatts, enough to cover a fifth of the country’s energy needs and replace its combined-cycle power stations, with enough batteries to ensure uninterrupted supply.

An even bigger project, the Asian Renewable Energy Hub, plans to create a hybrid solar and wind farm linked to a hydrogen energy storage plant in Pilbara, a sparsely populated region in Western Australia. The idea is to change Australia’s place within the global energy map and to transition from exporting mainly coal and natural gas to being a leader in clean energy. It is estimated that filling the Sahara desert with windmills and solar panels could generate enough electricity to supply the energy needs of the entire world. In the United States, solar is already the most important source of energy, ahead of gas or wind, despite the tariffs imposed by its ignorant president on imported solar panels.

Meanwhile, Morocco’s Noor-Ouarzazate facility, along with others in India, China, Mexico, the United States or the United Arab Emirates, will fill vast tracts of land and even the sea, with solar panels, completely changing the global energy map, with the concomitant geopolitical consequences.

Renewable energy is already the cheapest and most logical way to produce energy without the need for subsidies. By introducing hydroelectric and geothermal energy into the equation, in addition to solar and wind energy, Costa Rica has already managed to go for 300 days in a row without burning fossil fuels to generate electricity. Portugal has managed four days with only renewable energy, the UK, a thousand hours without burning coal, while US states like Colorado are staggered at the cost competitiveness of renewables, even adding a diverse range of storage infrastructure. Within renewable energies, solar stands out for its increasingly lower costs. The goal of generating 100% of the world’s energy from renewable processes is becoming more feasible and cheaper every day.

More and more industries will depend on the ability of countries to manufacture or supply solar panels and batteries. Solar energy is already the logical choice: in countries as different as the United States or Germany, home installations of solar panels and batteries are the hot new investment opportunities as more facilities are created to interconnect through so-called microgrids. To all intents and purposes, energy is the new internet and, as Elon Musk properly predicted, energy storage becomes the most strategic technology.

All the studies agree that not only that we must stop building and operating fossil fuel power plants, but that we have already built too many and that the fuel needed to supply them will now remain under the ground. The need to make this transition is becoming more urgent every day. Germany has already announced the closure of all its 84 coal-powered plants and India has canceled plans to build any more due to the plummeting cost of solar energy: with every day that passes, action in this regard is more important and more strategic. Only countries that act in time and update their generation policies can hope to win a place on the new global energy map.

Source: https://www.forbes.com/sites/enriquedans/2019/07/16/the-global-energy-map-is-changing-faster-than-youthink/#2f33b46824f1

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Bougainville Ventures Inc $BOG.ca – Who are the future #cannabis consumers? $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 4:30 PM on Monday, July 29th, 2019
SPONSOR:  Bougainville Ventures Inc (CSE: BOG) 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.
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Who are the future cannabis consumers?

By Sydney Perelmutter

  • An Ernst and Young (EY) report released in April projects that by 2025, 20 percent of the Canadian population will be cannabis consumers and the size of the market (legal and illegal) could reach up to $11 billion.

The size of the cannabis market (legal and illegal) could reach up to $11 billion by 2025. Getty Images

Cannabis consumers have certainly come a long way since the flower-toting, tie-dye-wearing hippies or the weed-smoking, Cheech and Chong-watching stoners of decades past.

The stereotypes often associated with previous eras of cannabis use seem far less pervasive today, with current, sometimes-surprising consumers hitting more demographic markers. Here’s what recent figures and experts have to say about what this new wave of consumers could look like.

What do the numbers say?

The latest National Cannabis Survey (NCS), released in May, indicates that 5.3 million or 18 percent of Canadians aged 15 or older used cannabis in the first quarter of 2019, up four percent from the same quarter of 2018. This increase can be partially attributed to greater use among male respondents (from 16 percent to 22 percent) and people aged 45 to 64 (from nine percent to 14 percent).

The NCS data also shows an increase in the number of new cannabis users, some being first-timers and others former consumers who sought out cannabis again post-legalization.

Statistics from the National Cannabis Survey, 2019 Statistics Canada

A Pollara survey of about 2,000 people, released in March, notes those who bought legal recreational weed over the last year are likely to do so again in the coming year. In fact, purchasing legally is expected to be twice as popular as buying illegally, with 69 percent of respondents indicating the former and 31 percent indicating the latter.

An Ernst and Young (EY) report released in April projects that by 2025, 20 percent of the Canadian population will be cannabis consumers and the size of the market (legal and illegal) could reach up to $11 billion.

Are there archetypal consumers?

An Early Look Into Consumer Profiles is a report jointly released by Toronto-based Lift & Co. and Washington-based Headset Inc. in early June. Based on 862 recreational customer receipts and 347 respondents on Lift & Co.’s website, the report divides consumers into two main segments: the experienced user, the so-called connoisseur, and the new user.

Matei Olaru, CEO of Lift & Co., suggests that the connoisseurs of the Canadian market tend to be male millennials who know what they’re looking for, while new consumers tend to be 45 and older and require some guidance before purchasing product.

Deloitte LLP released a report leading up to the second wave of legalization—expected to take effect in October, with edibles, topicals and concentrates likely available in December—that classifies current recreational users as “risk-takers” and likely post-legalization users as “conservative experimenters.”

Deloitte’s new and likely user profiles Deloitte

Jennifer Lee, partner and national cannabis sector leader at Deloitte, explains that the risk-takers tend to be less educated and more willing to deviate from the law, while new-to-category consumers tend to be highly educated and have a higher income.

“The new consumers aren’t your typical quote-on-quote ‘stoners’,” Lee says of the conservative experimenters. They tend to be “family people” between the ages of 35 and 54.

Who is buying what?

New users are spending considerably more on balanced and lower-THC products (less than 19 percent THC), while experienced users spend more on higher THC products (over 20 percent THC).

THC percentage chart Ontario Cannabis Store

The Lift & Co. and Headset report shows younger buyers are spending less per purchase (averaging $55) and more on individual items (averaging $24). Buyers aged 55 and older are spending more per purchase (averaging $157), but buying more items at lower price points.

“If we look at what people are buying by age, we see that the older demographic disproportionately buys more oil than flower,” Olaru says. “So there’s an inherent prediction there that as new consumers come on, they will probably buy non-combustible products, such as edibles or beverages.”

Lee predicts that carbonated beverages and teas will be of interest to likely users, which she attributes to the trade-off between alcohol and cannabis.

“We found that usage occasion for cannabis is almost exactly the same as alcohol among older consumers,” Lee says.

Differences in what people buy, Olaru estimates, can be ascribed to experience with cannabis and income. “You can make an educated inference that millennials probably have less disposable income, so they buy fewer products than an older consumer,” he says. “If you look at the older, first-time demographic, they might not know what is good or bad, and believe higher price points equate to better products.”

Are the “canna-curious” the next untapped market?

A report co-authored by Lift & Co. and EY, released in June, reveals four broad consumer segments based on a survey of nearly 3,000 Canadians: pure recreational, pure medical, health and wellness and those who remain unconvinced. Dubbing them the “canna-curious,” Olaru thinks the skeptics can be converted.

“Even the unconvinced say they would still consider cannabis if it could help with something like pain relief. So to us, that says even the unconvinced are looking for some sort of relief or wellness, not for recreational use to party and not pure medical, but somewhere in between,” Olaru says.

The canna-curious, he predicts, will be more open to products that are lower in THC, higher in CBD and non-combustible.

Can the future cannabis consumer truly be defined?

Jenn Larry, president of CBD Strategy Group Inc., says there is “no ceiling on who will be interested in cannabis in the future because all cohorts could find themselves interested.”

Larry understands that consumers are divided into segments for marketing purposes, but says that there will always be a spectrum of groups. She identifies three groups that often go unnoticed by marketers: baby boomers, ‘the dad’ and 33- to 45-year-old females.

“Cannabis provides consumers with an intimate experience, but different people want different things so there’s no reason to limit who the consumer could be,” Larry says.

“I think the cannabis consumer is yet to be defined,” Olaru notes. “That’s really the big opportunity in cannabis.”

 Source: https://www.thegrowthop.com/cannabis-business/who-are-the-future-cannabis-consumers

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North Bud Farms Inc. $NBUD.ca – Beverage Companies Look to Capitalize on #CBD Benefits and Accessibility $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 3:29 PM on Monday, July 29th, 2019

SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high quality cannabinoid production and procurement focusing on both bio-pharmaceutical development and Cannabinoid Infused Products. Learn More.

NBUD: CSE

Beverage Companies Look to Capitalize on CBD’s Benefits and Accessibility

  • According to data compiled by Hemp Business Journal, a division of New Frontier Data, sales for the U.S. hemp industry totaled USD 820 Million in 2017.
  • Research suggests that the industry is expected to grow to USD 1.9 Billion by 2022 at a CAGR of 14.4% during the 5-year period.

NEW YORK, July 26, 2019 – For centuries, hemp has been used for a vast array of applications. In particular, hemp was predominantly used to manufacture textiles, paper, and construction materials because of its durability. However, now hemp has become even more popular because of its CBD compound. Hemp is derived from the cannabis plant and is one of the two main families found within the plant, the other being marijuana. Unlike marijuana, hemp’s main active component is CBD or cannabidiol, which does not cause psychoactive effects for its consumer.

Generally, the hemp plant contains less than 0.3% THC levels, which is an insignificant amount. However, because hemp is derived from the cannabis plant, federal regulators deemed hemp to be unsafe, and as a result, hemp and its CBD compound were listed as a controlled substance. Yet, researchers and scientists have begun new studies to better understand the biological makeup of hemp and compiled compelling results that went against the previously established understanding of the plant and its effects. As a result of these studies and the non-psychoactive nature of hemp, regulators lowered the scheduling of hemp and its CBD compound on the controlled substance list.

Moreover, the passage of the U.S. Farm Bill paved the way for the broader CBD industry, further accelerating its presence in legal channels. Previously, the U.S. Department of Agriculture and other state departments only allowed pilot programs to study hemp, which allowed for small-scale cultivation. To note, the Farm Bill legalized the commercialization hemp and CBD, which caused a spur of retailers to add the product to their shelves. For instance, local stores and even e-commerce giants have CBD-based products being publicly sold for every-day consumers. Notably, the bill does not put any restrictions on the sale, transport, or possession of hemp-derived products, meaning that CBD is federally legal as long as it is consistent with the law.

Now, the CBD market is one of the fastest-growing market segments within the cannabis industry, due in large part to its lenient guidelines. And as a result, more companies are looking to enter into or expand within the CBD marketplace because of the vast potential that has opened up for the market. According to data compiled by Hemp Business Journal, a division of New Frontier Data, sales for the U.S. hemp industry totaled USD 820 Million in 2017. The research suggests that the industry is expected to grow to USD 1.9 Billion by 2022 at a CAGR of 14.4% during the 5-year period.

In 2017, hemp-derived CBD products accounted for the largest market share, as the segment delivered sales of USD 190 Million, accounting for 23% of the overall market share that year. Other segments such as personal care, food, and industrial care followed closely. However, by 2022, CBD products are expected to take off, outpacing the rest of the hemp sector. Hemp-derived CBD products are anticipated to deliver sales of USD 646 Million by 2022, followed by industrial application sales of USD 527 Million. While other segments are projected to grow, they are nonetheless expected to lag behind the exponential growth of the CBD product segment. CBD can be used to simply relax after a strenuous and stressful day but it is now being leveraged within the medical sector for patients suffering from ailments such as arthritis, multiple sclerosis, chronic pain, and epilepsy.

In particular, the U.S. Food and Drug Administration has already legalized a CBD-based drug, Epidiolex, which is used to treat epilepsy. However, the FDA has mentioned that researchers will need to conduct more large-scale positive clinical trials in order for cannabis-based treatments to be approved. Currently, evidence of CBD effects comes from animal testing or very small-scale clinical trials that are minuscule compared to the FDA’s standards. For example, Esther Blessing, a psychiatrist and researcher at New York University, pointed to a 2011 study where a few dozen people who had anxiety disorders were asked to speak in front of a large audience. The study concluded that people who received CBD reported significantly less anxiety compared to those who received the placebo.

Source: https://www.prnewswire.com/news-releases/beverage-companies-look-to-capitalize-on-cbds-benefits-and-accessibility-300891710.html

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