Posted by AGORACOM-JC
at 1:36 PM on Monday, July 8th, 2019
Announced that it has acquired ownership and control of an aggregate of 1,853,059 common shares of GoldSpot Discoveries Corp
Immediately following the transactions noted above, the Acquirer held an aggregate of 12,736,823 common shares of the Company or approximately 13.5% of all issued and outstanding common shares of the Company as at July 5, 2019. Â
TORONTO, July 08, 2019 — ThreeD Capital Inc. (“ThreeD†or “the Acquirerâ€) (CSE:IDK), a Canadian-based venture capital firm focused on investments in promising, early stage companies and ICOs with disruptive capabilities, is pleased to announce that it has acquired ownership and control of an aggregate of 1,853,059 common shares (the “Subject Sharesâ€) of GoldSpot Discoveries Corp. (the “Companyâ€), through a series of purchases through the TSX Venture Exchange ending on July 5, 2019. The Subject Shares represented approximately 2.0% of all issued and outstanding common shares of the Company as of July 5, 2019. Â
Immediately before the transaction described above, the Acquirer held
an aggregate of 10,883,764 common shares of the Company, representing
approximately 11.5% of the issued and outstanding common shares of the
Company.
Immediately following the transactions noted above, the Acquirer held
an aggregate of 12,736,823 common shares of the Company or
approximately 13.5% of all issued and outstanding common shares of the
Company as at July 5, 2019.
The holdings of securities of the Company by ThreeD are managed for
investment purposes, and ThreeD could increase or decrease its
investments in the Company at any time, or continue to maintain its
current investment position, depending on market conditions or any other
relevant factor.
The trade was effected in reliance upon the exemption contained in
Section 2.3 of National Instrument 45-106 on the basis that ThreeD is an
“accredited investor†as defined herein. A copy of the applicable
securities report filed in connection with the matters set forth above
may be obtained by contacting the Company at 69 Yonge St., Suite 1010,
Toronto, ON, M5E 1K3, Attention: Denis Laviolette, President and CEO
(tel: 641-992-9837).
About ThreeD Capital Inc.
ThreeD is a publicly-traded Canadian-based venture capital firm
focused on opportunistic investments in companies in the Junior
Resources, Artificial Intelligence and Blockchain sectors. ThreeD seeks
to invest in early stage, promising companies and ICOs where it may be
the lead investor and can additionally provide investees with advisory
services, mentoring and access to the Company’s ecosystem.
Posted by AGORACOM-JC
at 11:27 AM on Monday, July 8th, 2019
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Canada’s cannabis supply issues are real, despite feds’ denial, says business professor
A Canadian business professor says Bill Blair, Minister of Border Security and Organized Crime Reduction, was simply wrong when he said Canada’s cannabis supply shortage was “non-existent.â€
A Canadian business professor says Bill Blair, Minister of Border Security and Organized Crime Reduction, was simply wrong when he said Canada’s cannabis supply shortage was “non-existent.â€
On Wednesday, Rod Phillips, Ontario’s minister of finance, and Doug
Downey, Ontario’s attorney general, criticized a federal cannabis supply
shortage when announcing Ontario will be licensing 50 new cannabis retail locations across Ontario.
Blair shot back, saying Ontario was “making excuses†and using a
“non-existent supply shortage,†for their slow success in subverting the
illegal cannabis market in the province.
Blair pointed to Health Canada data that showed in April alone, Canada’s overall cannabis inventory was 24 times more than total sales that month.
But Michael Armstrong, a professor at the Goodman School of Business
at Brock University, said the federal government is using seemingly
impressive data to skirt around the fact that there are still
significant supply issues in Canada.
“They are wildly incorrect to say there’s no cannabis shortage and
that there’s enough legal cannabis for those who want it,†Armstrong
said in an email.
Canada’s cannabis supply
Armstrong says the majority of Canada’s cannabis inventory, more than
85 per cent of it, is unfinished — that means raw cannabis product that
has not been processed, packaged and made ready to sell.
Health Canada data shows that the majority of Canada’s cannabis supply is not ready to sell.
Health Canada
Some of that inventory may also never be ready to sell.
“Some of it, unfortunately, may not be sellable, whether that’s
contamination or microbial risk or pesticides or anything of that
nature,†said John Fowler, president of Supreme Cannabis and vice-chair of the Cannabis Council of Canada,
a cannabis business association. “The law does not allow licensed
producers to sell that product but it also doesn’t require them to
immediately destroy it.â€
Armstrong also criticized Blair and Health Canada for equating sales of legal cannabis with national demand.
“Sales isn’t the relevant measure of demand here, because legal sales
satisfy just a fraction of total consumption; most is met by black
markets,†Armstrong says.
Legal marijuana retailers are competing with illegal dealers,
Armstrong says, so to use legal sales as a benchmark for demand in
Canada is wrong.
“No one really knows how big the black market is and how much total consumption there is,†Armstrong said.
Nevertheless, he has estimated, using Health Canada data from a
report they commissioned on estimated cannabis use in the fall, overall
demand of dried cannabis, including illegal and medical sales, would
land somewhere around 56,000 kilograms a month.
Health Canada has been tracking cannabis sales since legalization on
their website. Numbers for April show dried cannabis sales reached just
below 9,000 kilograms, leaving just over 13,000 kilograms inventory
available to sell.
WATCH: Industry experts: Education on cannabis edibles needed
If Armstrong’s numbers are correct, this would leave a 43,000 kilogram gap that may have been filled by illegal sales.
“They’re looking at sales as their consumption. Businesses often do
that — they look at ‘are we keeping up with sales,’ but they’re doing
that when they have a healthy industry where sales is almost equal to
demand,†Armstrong said.
Blair’s team said Health Canada is holding up their end of the bargain when it comes to licensing producers.
As of March 31, 2019, Health Canada says federally licensed
cultivators are reporting nearly 700,000 square metres of land under
active cultivation, which can produce 1 million kilograms of cannabis
per year.
“This is roughly equivalent to estimates of the total quantity of
cannabis (legal and illegal) consumed in Canada, made by independent
market analysts, the Parliamentary Budget Officer and federal government
departments,†said Marie-Emmanuelle Cadieux, senior communications
advisor for Blair.
But Armstrong maintains that the numbers show the industry is continuing to have trouble meeting demand.
Getting cannabis on the shelves
In the past, Health Canada has acknowledged that Canada’s supply
issues don’t lie with the creation of the product, but rather with the
production process itself.
What exactly is wrong with production is a bit of a mystery,
Armstrong said. Whether it’s that producers are not growing high enough
volumes of quality cannabis that can turn into dry cannabis, or they
don’t have production facilities, or there are still issues with
shipping, Armstrong said he can only speculate.
“Big inventories are not translating into shipments going out the door,†Armstrong said.
Armstrong said that issues with federally mandated labelling could
have also slowed things down. He also guessed that certain producers
focused on getting greenhouses ready for marketing purpose rather than
setting up a production line that could handle orders coming in from
huge markets like the Ontario Cannabis Store.
John Fowler, is chalking production issues up to growing pains of a new market.
“I think, overall, things have been working pretty well,†said
Fowler. “Perhaps there was a lack of understanding of the complexity,
not just regulatory complexity of license approvals, but just building
the businesses and the supply chains to go from a market that literally
didn’t exist on October 17th.â€
Fowler said at this point, every part of the industry is being
stretched. It’s taking time to get licenses for smaller growers, as well
as licenses to expand growing spaces, and packaging and equipment
manufacturers are also being weighed down by a huge surge in demand.
“It’s one of those things it’s not one issue that’s holding the industry back from meeting its growth objectives.â€
When it comes to whether it’s a smart strategy to limit the amount of
cannabis stores in Ontario because of a production issue, Armstrong
says Ontario may be shooting themselves in the foot, considering
provinces like Alberta and British Columbia will have booming markets
with retailers ready to receive the inventory when it’s ready to sell.
But he says, they aren’t wrong in their reasoning for doing so.
“When they say that there’s not enough supply and there’s massive shortages, absolutely, that is correct.â€
In the end, Fowler doesn’t believe these delays, whether to overall
supply or to Ontario’s cannabis stores, will mean much to an industry
that’s meant to last.
“I think cannabis stores hopefully are going to be here for the next
100 years in this province. So a little bit of a six-month delay in
launch to be better for the next ninety-nine-and-a-half years. You know,
I don’t think it is a bad decision.â€
The Minister of Finance did not respond to a request for comment for this story.
Posted by AGORACOM-JC
at 10:24 AM on Monday, July 8th, 2019
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Automakers to trading houses from North America to Europe are
becoming more concerned about future supply shortages of key materials
needed for electric vehicle batteries as spending on new production
soars, according to the developer of a $1.5 billion project in
Australia.
More than a dozen parties have now expressed interest in taking up as much as a 50% stake in Clean TeQ Holdings Ltd.’s
Sunrise nickel-cobalt-scandium project, Chief Executive Officer Sam
Riggall said Monday in an interview. They include companies in regions
that until recently had shown less impetus to tie up raw material
supplies.
“It’s dawning on North America and Europe that there’s a raw
materials issue that needs to be addressed here,†Riggall said by phone.
“For the previous two years, I’ve been wearing out a lot of shoe
leather and banging on a lot of doors trying to get interest in Europe
and North America with very little success. In the last six months
things have changed quite dramatically.â€
Volkswagen AG in May picked Sweden’s Northvolt AB as a partner to start production
of battery cells for electric cars, while the German and French
governments have pledged funding and political support for efforts to
spur a European battery manufacturing industry. In the U.S., the number
of battery electric models available to consumers is forecast to double
by the end of 2021, according to BloombergNEF.
Melbourne-based Clean TeQ, which said last month
it had appointed Macquarie Group Ltd. to run a process to identify a
partner, is seeking final offers for a stake in the Sunrise project by
the end of September, and will aim to complete any sale by the end of
the year, according to Riggall.
China’s grip on lithium-ion battery cell manufacturing is forecast to
loosen through 2025, as new capacity is added close to demand centers
in the U.S. and Europe, BNEF said in a May report.
Battery Shift
New plants will boost lithium-ion battery cell manufacturing in Europe
Source: BloombergNEF
The scale of planned investments in electric lineups means both
automakers and related industries in Europe and North America are
focusing on how to secure future supplies of battery-grade nickel — and
also on ensuring there’s sufficient cobalt after the market tightens
from about 2021 to 2022, Riggall said. “Their minds are being forced to
turn to raw materials,†he said. “They are seeing significant risks on
that side of the business.â€
There’s a looming shortage of nickel sulfate, the material used for
battery products, with demand forecast to outstrip planned new capacity,
BNEF said in a July 2 report. Cobalt demand may also top global supply
from about 2025, according to the note.
Cobalt prices have tumbled since early 2018 on new supply from
incumbent producers in the Democratic Republic of Congo, and as some
battery makers seek to reduce the amount of the metal in their packs.
Nickel has declined about 11% on the London Metal Exchange in the past
year.
Clean TeQ is targeting commerical production at the Sunrise project,
with a forecast mine life of more than 40 years, from 2022, Riggall
said.
Posted by AGORACOM-JC
at 10:07 AM on Monday, July 8th, 2019
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New ECB Boss is “Extremely†Pro-Crypto; What Could This Mean for Bitcoin?
Christine Lagarde, who is replacing Mario Draghi as the next head of the ECB on November 1st of this year, has long shown interest in Bitcoin and cryptocurrencies, and has even advocated for state-backed digital currencies that could increase the efficiency of those state’s economies.
Investors and proponents of Bitcoin and the aggregated crypto markets
have long believed that the ultimate pinnacle of adoption would be
found when governments and central banks began growing friendly towards
the nascent technologies.
Now, the nominee who is replacing the outgoing European Central Bank
(ECB) head is pro-crypto herself and has shown tremendous interest in
how the nascent tech can help shape the future’s global economy.
ECB Boss is Pro-Crypto, Will This Help Spark Adoption?
Christine Lagarde, who is replacing Mario Draghi as the next head of
the ECB on November 1st of this year, has long shown interest in Bitcoin
and cryptocurrencies, and has even advocated for state-backed digital
currencies that could increase the efficiency of those state’s
economies.
This past April, Lagarde spoke to CNBC and bullishly noted that crypto and blockchain is currently “shaking the system.â€
“I think the role of the disruptors and anything that is using
distributed ledger technology, whether you call it crypto, assets,
currencies, or whatever … that is clearly shaking the system,†she
noted, tempering this sentiment by adding that “We don’t want to shake
the system so much that we would lose the stability that is needed.â€
Although there is no way to deny that Bitcoin and crypto
are shaking up the current system – or at the very least have the
potential to do so – many critics will write off their utility, so
Lagarde’s openness to the technology is a powerful endorsement.
Will Lagarde Embrace Bitcoin, Or Focus on More Centralized Options?
Although the incoming ECB boss is certainly more open to crypto than
previous ones, it is important to note that her interest seems to be
more in centralized crypto options than in decentralized ones, like
Bitcoin.
Mati Greenspan, the senior market analyst at eToro, explained in an
email that her interest currently seems to be in JPM Coin and XRP.
“Not bitcoin, of course, but she has advocated already for
state-backed cryptocurrencies as well as settlement tokens like XRP and
JPM coin. In this video, we can see her taking notes while listening to Ripple’s CEO Brad Garlinghouse,†Greenspan explained.
Furthermore, Greenspan also explained that crypto certainly won’t be
her main focus as the head of the ECB, as her biggest challenge will be
to “bring unity and prosperity to the various EU States and QE will
probably take precedence over the digital landscape.â€
Regardless of whether or not crypto, Bitcoin, or blockchain are one
of her main focuses, her interest and openness to the technology is
certainly positive for the industry as a whole and may help incubate further adoption.
Posted by AGORACOM-JC
at 8:49 AM on Monday, July 8th, 2019
Announced that its patent pending technology for its Programmatic Advertising Platform has been deemed novel by the International Searching Authority for the PCT
Once a technology, product or service is deemed novel by the PCT it is considered patentable and can move to the next phase of the process.
The PCT covers over 140 countries and positions the Company to protect its rights in one or all these jurisdictions.
Vancouver, British Columbia–(July 8, 2019) – Good Life Networks Inc. (TSXV: GOOD) (OTC PINK: GOOLF) (“GLN“, or the “Company“), a Vancouver-based programmatic advertising technology company, is pleased to announce that its patent pending technology for its Programmatic Advertising Platform has been deemed novel by the International Searching Authority for the PCT (“Patent Cooperation Treaty”). Once a technology, product or service is deemed novel by the PCT it is considered patentable and can move to the next phase of the process. The PCT covers over 140 countries and positions the Company to protect its rights in one or all these jurisdictions.
GLN has been developing its unique advertising technology since 2016
with the sole aim of facilitating effective online advertising without
the use of personally identifiable information (PII). The importance of
not using PII was revealed after numerous scandals involving user
tracking and extensive personal data collection practices became public.
(1) The use of PII is now subject to extensive regulation with GDPR
(General Data Protection Regulation) in Europe with similar rules coming
to the US and Canada. These regulations carry large financial penalties
for companies who use PII without the expressed permission of the
users, extensively limiting the availability of user data to target
advertising in the future.
GLN will now move to the national phase of the process to achieve
patent protection in the countries and regions it deems relevant and
strategic for its Non-PII advertising technology. GLN believes this
patent will help secure a unique position for the Company as a
technology leader in non-PII advertising.
Jesse Dylan, CEO of GLN, commented, “The use of
PII is becoming heavily regulated and rightfully restricted. Advertisers
are very aware of the perils of becoming the next data breach scandal.
GLN anticipated this industry liability back in 2016 and invested the
time, energy and resources to create a novel non-PII advertising
platform. We are delighted to have positioned ourselves at the leading
edge of the industry changes and will soon have the official protections
to capitalize on these regulatory initiatives long into the future.”
The GLN Story
GLN’s technology is the engine that sits between advertisers and
publishers. A highlight of GLN’s tech is that it does not collect PII
(Personal Identifiable Information). Built for cross device video
advertising: Mobile, In-App, Desktop and CTV (Connected Television) the
GLN Programmatic Video Advertising Platform has among the lowest fraud
rates of similar vendors in the industry. Advertisers make more money by
reaching their target audience more effectively. GLN makes money by
retaining a percentage of the advertiser’s fee.
GLN is headquartered in Vancouver, Canada with offices in Newport
Beach and Santa Monica California, New York and UK and trades on the
TSXV under the stock symbol “GOOD” and The Frankfurt Stock Exchange
under the stock symbol 4G5. For further information on the Company,
visit www.glninc.ca
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Forward Looking Statements:
Forward-looking statements relate to future events or future
performance and reflect the expectations or beliefs regarding future
events of management of GLN. This information and these statements,
referred to herein as “forwardâ€looking statements”, are not historical
facts, are made as of the date of this news release and include without
limitation, statements regarding discussions of future plans, estimates
and forecasts and statements as to management’s expectations and
intentions with respect to the Company’s patent applications. These
statements generally can be identified by use of forward-looking words
such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”,
“believe” or “continue” or the negative thereof or similar variations.
These forwardâ€looking statements involve numerous risks and
uncertainties and actual results might differ materially from results
suggested in any forward-looking statements. Important factors that may
cause actual results to vary include without limitation, risks relating
to the success of any associated regulatory approval and general
economic conditions or conditions in the financial markets.
In making the forwardâ€looking statements in this news release,
the Company has applied several material assumptions, including without
limitation that the patent approvals with achieve the results per GLN
management’s expectations. GLN does not assume any obligation to update
the forward-looking statements, or to update the reasons why actual
results could differ from those reflected in the forward
looking-statements, unless and until required by applicable securities
laws. Additional information identifying risks and uncertainties is
contained in GLN’s filings with the Canadian securities regulators,
which filings are available at www.sedar.com.
Tags: adtech, CSE, digital advertising, stocks, tsx, tsx-v Posted in Good Life Networks | Comments Off on Good Life Networks $GOOD.ca Announces the Patent Cooperation Treaty Deems Its #Programmatic Advertising Technology Novel in over 140 Countries $TTD $RUBI $AT.ca $TRMR $FUEL
Posted by AGORACOM-JC
at 7:20 AM on Monday, July 8th, 2019
Entered into a multi-pronged cooperation agreement with Airmedic Inc.
Consisting of the integration of Star’s STAR-ISAMM™ System into the operations of Airmedic’s expanding helicopter and fixed-wing based Emergency Medical System Services.
TORONTO, July 08, 2019 – Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) (“Star†or the “Companyâ€) announces that the Company has entered into a multi-pronged cooperation agreement with Airmedic Inc., consisting of the integration of Star’s STAR-ISAMM™ System into the operations of Airmedic’s expanding helicopter and fixed-wing based Emergency Medical System (“EMSâ€) services.
The parties will subsequently extend their cooperation to the
STAR-LSAMM™ System for ground ambulances, eventually providing a
complete and seamless electronic medical transport system.
Star and Airmedic will be offering the STAR-ISAMM™ System as part of
the Helicopter Emergency Medical Services (“HEMSâ€) system. STAR-ISAMM™
interfaces with existing bio-medical monitoring equipment on-board. It
securely transmits the patients’ vital signs and other critical
information directly to receiving hospital physicians, while at the same
time providing tracking, location, and Estimated Time of Arrival of the
vehicle. The patient, upon arrival at the aircraft, becomes part of the
care environment, well before reaching the hospital.
J-L Larmor, V.P. Corporate Development at Star, said:
“The STAR-ISAMM™ and STAR-LSAMM™ Systems provide a unique opportunity
to increase the efficiency and quality of EMS services over vast
regions, as well as locally, whether air- or ground-based. We are
extremely happy to enter into this new collaboration with an experienced
and innovative airborne EMS specialist. In addition, the growing
Airmedic fleet is based on excellent aircraft and helicopters that play a
major role in the EMS market sector.â€
About Star Navigation:
Star Navigation Systems Group Ltd. owns the exclusive worldwide
license to its proprietary, patented In-flight Safety Monitoring System,
STAR-ISMS®, the heart of the STAR-A.D.S. ® and of the STAR-ISAMM™
Systems. Its real-time capability of tracking performance trends and
predicting incident-occurrence enhances aviation safety and improves
fleet management while reducing costs for the operator.
Stars’ M.M.I. Division designs and manufactures high performance,
mission critical, flight deck flat panel displays for defence and
commercial aviation industries worldwide. These displays are found on
aircraft and simulators, from C-130 aircraft, to Sikorsky and Agusta
Westland helicopters, as examples.
Stars’ subsidiary, Star-Isoneo Inc., is a specialised software firm,
developing complex solutions in engineering, simulation and development
for Canadian customers. Star-Isoneo works closely with Star in the
development of the Company’s MEDEVAC (STAR-ISAMM™ and STAR-LSAMM™)
applications of the patented STAR-A.D.S. ® technology, and on its
current R&D program with Bombardier.
About Airmedic Inc.:
Airmedic is the only private company in Quebec that operates its own
airplane and helicopter fleet exclusively dedicated to providing
emergency medical services and inter‑hospital transport. It operates a
state-of-the-art Emergency Call Centre 24/7/365 thanks to the commitment
of its 150 specialized employees. Its emergency medical team’s mission
is to provide rapid response and care to all Airmedic members by
providing plane and helicopter transportation to the nearest appropriate
medical facility. It is the first company offering emergency airborne
medical services to obtain Transport Canada certification authorizing
night flight thanks to its night vision goggles.
Certain statements contained in this News Release constitute
forward-looking statements. When used in this document, the words “mayâ€,
“wouldâ€, “couldâ€, “willâ€, “expected†and similar expressions, as they
relate to Star or its management are intended to identify
forward-looking statements. Such statements reflect Star’s current views
with respect to future events and are subject to certain risks,
uncertainties and assumptions. Many factors could cause Star’s actual
performance or achievements to vary from those described herein. Should
one or more of these factors or uncertainties materialize, or should
assumptions underlying forward-looking statements prove incorrect,
actual results may vary materially from those described herein as
intended, planned, anticipated, believed, estimated or expected. Star
does not assume any obligation to update these forward-looking
statements, except as required by law.
Neither the Canadian Securities Exchange nor its Market Regulator
(as that term is defined in the policies of the Canadian Securities
Exchange) accepts responsibility for the adequacy or accuracy of the
content of this release.
Please visit www.star-navigation.com or contact
Jean-Louis Larmor, V.P. Corporate Development of STAR and President of Star-Isoneo Inc. (514) 290 – 1919
Posted by AGORACOM-JC
at 7:16 AM on Monday, July 8th, 2019
Company’s clinic division, Sun Valley Health, has completed it’s 2019 Franchise Disclosure Document (FDD) and has commenced selling Sun Valley Health franchises in the United States
VANCOUVER, July 8, 2019 - EMPOWER CLINICS INC. (CSE: CBDT) (Frankfurt 8EC) (“Empower” or the “Company“), a vertically integrated and growth-oriented CBD life sciences company, and a multi-state operator of medical health & wellness clinics, is pleased to announce that the Company’s clinic division, Sun Valley Health, has completed it’s 2019 Franchise Disclosure Document (FDD) and has commenced selling Sun Valley Health franchises in the United States. Learn more at http://www.sunvalleyhealth.com
With the completion of the 2019 Franchise Disclosure Document (FDD)
the Company is now selling Sun Valley Health franchises and is accepting
franchise applications effectively immediately.
The Company has invested in the development of a new franchise trade
show booth that showcases the Sun Valley Health opportunity to
perspective franchisees using dynamic, content rich displays and four
(4) large format television monitors to present features and benefits to
the audience who attend the expos.
The franchise sales teams are booked to participate in the International Franchise Expo https://www.ifeinfo.com and the Cannabis Industry Marketplace Expo www.cannabisimp.com with nine (9) expos booked to showcase the Sun Valley Health franchise opportunity.
“Offering our years of experience in operating clinics to potential
franchise partners across America is an exceptional growth opportunity
for our Company, said Steven McAuley, CEO of Empower
Clinics Inc. “We have the opportunity to connect to exponentially more
patients who can benefit from direct access to physicians that provide
consultations on alternative treatment options.”
The upcoming expos are expected to generate significant interest in
the Sun Valley Health brand and it will allow the Company’s franchise
sales teams to communicate the benefits and opportunities the industry
can offer entrepreneurs, medical professionals and consumers in general.
The Company clinics offer consultations on the potential benefits of
CBD based treatment options to address a variety of qualifying
conditions including chronic pain, anxiety, PTSD, insomnia, indigestion
and other serious aliments that can affect the lives of so many people.
The Company also has commenced building retail product kiosks in all
clinics offering more than 40 products SKU’s that patients can purchase
in-clinic or online. All Sun Valley Health franchises will include
similar retail product kiosks that offer Sun Valley Health approved
products options.
“Our scientific approach to alternative medicine offers franchisees
& patients across America access to quality CBD, MMJ cards,
nutritional supplements, and holistic modalities with Physicians and
medical professionals on hand and available in our clinics.” said Dustin Klein, Empowers SVP, Business Development and Director.
Each Company owned clinic and all franchised clinics in our
nationwide network will offer a full range of CBD products and health
& wellness supplements, that provide a wide array of choices to
patients and customers in the communities we serve.
ABOUT EMPOWER
Empower is a leading multi-state operator of a network of
physician-staffed clinics focused on helping patients improve and
protect their health through innovative physician recommended treatment
options. Operating as a vertically-integrated health & wellness
brand with it’s first hemp-derived CBD extraction facility under
development, the Company can produce and package its proprietary line of
cannabidiol (CBD) based products and distribute through company owned
and franchised clinics, with wholesale partnerships, online and with
retailers nationwide.
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
Empower’s patient base and customers; access to Empower’s home delivery
and e-commerce platform; 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
operation by Q2 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.
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 Clinics $CBDT.ca Commences Selling Franchises Under The Sun Valley Health Brand $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca
Rediscovering Better Educated India by Uplifting Rural Education
The rural education framework is crucial for absorbing technological innovations, with the help of education technology.
Children will develop sound reasoning of what is good and what is bad and which also makes them self-reliant.
Ritesh Rawal Contributor
As we know the huge demographic of India still belongs to rural
villages, therefore, education in India is of utmost importance. A
survey called the Annual Status of Education Report (ASER), Indicates
that although the number of rural students attending schools is rising,
but on average. Among 14-18-year-olds surveyed by the ASER teams, only
43per cent could solve a class IV mathematics problem. This amount was
unevenly the same among 14 to 18-year-olds, displaying that the problem
of low learning outcomes was not resolved by remaining in schools. More
than 40 per cent could not find their state on a map of India.
Twenty-seven per cent of 14-year-olds and 21pe cent of 18-year-olds
could not read a Class II textbook in the regional language, and more
than 40per cent in each age group could not read a simple sentence in
English.
However, World Data Lab estimates that the number of Indian living on
less than $ 1.90 has fallen from 306 million in 2011 to some 70 million
until today; on the contrary, more than 27 per cent of the country’s
youth are still excluded from education and hardly have access to it.
There are so many mindsets that pose a hindrance to the Indian Education
System. Hence, pursuing a professional degree will only be fruitful if
the basic necessity of primary education is fulfilled.
All of these cumulatively hint at the fact that there is indeed
something that is wrong with the Indian education system. This article
throws light at some of the ways in which we can bring about a change by
improving the education system.
Infrastructure
As in every other sector, the Indian education sector is one that
suffers from the acute death of infrastructure. Most of the government
schools in rural India do not even have proper chairs, tables,
restrooms, let alone a playground, libraries, and laboratories. Thus,
the first step in revamping the education scene in the country should
begin with improving the infrastructure so that the students are given
an environment where they can learn to the best of their abilities.
Educating the Parents
First mostly the people in rural India are not educated enough that
is why they don’t encourage their children to get an education. In the
India scenario most of the time it is parents are the ones who force
their children toward the career they won’t like. Thus, to prevent such a
thing from happening, the first step that must be taken is to educate
the parents about the different career options that are available to the
students and the possible scope of future in them.
Training Teachers
India has a very good quality of dedicated teachers. However, the sad
fact is that in rural India they receive little no training after they
joined the service, giving them periodic training will not only ensure
that they are updated with the changing trends, but will also help to
rediscover the entire education ecosystem of the country by leaps and
bound.
Technological Advancement
The rural education framework is crucial for absorbing technological
innovations, with the help of education technology. Children will
develop sound reasoning of what is good and what is bad and which also
makes them self-reliant. Low-cost computers need to be manufactured for
students to afford in rural areas. Free internet services and smart
classes, eBooks should be offered in government schools, teaching can be
made more interactive with the use of digital methods such as PPTs,
video presentations, e-learning methods, practical demos, online
training, and other digital methods or platforms.
Transformation through Elementary Skills
Since the rural students are taught English in a theory style, their
grasp of the language has remained abysmal this is one of the key
reasons why some rural children lag in education. There is a disparity
among urban and rural children when it comes to elementary skill
development. Integration of technology into education to encourage rural
students to develop elementary skills would empower them to deal with
daily life challenges in a better way.
Skill-based Learning
Indian education system lacks the skill-based learning approach, as
of now, the Indian education system is designed in such a way that
students are imparted what schools want to feed, not what they want to
learn. If this system can be revamped to identify the strengths of a
student, then they can be given appropriate training in the chosen
field. This will ensure that the child shines in that particular field.
“Blaming each other won’t help in providing quality education, but addressing the issues would surely hit the bull’s eyeâ€
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at 9:15 PM on Sunday, July 7th, 2019
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Facing off with Fortnite, Apex is turning to esports
Fortnite soared to the top of the video game world when it launched in 2017.
New York (CNN Business) Fortnite soared to the top of the video game world when it launched in 2017. Electronic Arts’ “Apex Legends,” a similar free-to-play battle royale game, where players fight until the last squad standing, eclipsed “Fortnite” in online views in February.
Apex’s victory was short-lived, and Fortnite surpassed
its viewership the following month. Now EA has plans to get Apex back
on top once again. The company is betting competitions of professional
and amateur gamers — known as esports — will broaden Apex’s audience.
Game enthusiasts play “Apex Legends” during the EA Play 2019 event at the Hollywood Palladium in June.
New features and esports deals
EA made a big play to bolster Apex’s esport credentials in June when it announced a deal with ESPN to allow college and professional esports players to compete in Apex games at two events over the summer.
The game also added a new competitive mode Tuesday that ranks
gamers based on how many wins and kills they can pull off. Fortnite implemented a similar competitive-ranking mode in March.
“Pro teams typically scout from the upper echelon,” said Chris
Hopper, head of esports for North America at Riot Games, which develops
“League of Legends,” one of the biggest esports titles. “But they also
find up-and-coming talent in the ranks immediately below.”
EA is leaning on its partnership with ESPN to stream Apex games
live online and, later, on the air on the ESPN and ABC networks. ESPN’s
director of business development, Kevin Lopes, told CNN Business the
network was attracted to Apex Legends’ rising popularity and esports
potential. The two companies already had an existing esports partnership
over football game “Madden NFL.”
“Making Apex an esport will help drive the audience,” said Michael
Pachter, an analyst at financial services firm Wedbush. “It gives
players something to watch and learn from.”
World’s top gamers vie for $500,000 in prizes at a Fortnite International video game tournament.
The esports industry has attracted millions of viewers across
multiple platforms, and it could reach about $3 billion in market size
in 2022, Goldman Sachs forecasts.
It’s not clear how exactly that translates into money for EA —
esports revenue is hard to pinpoint, though sponsorships and event
ticket sales can all generate revenue to some degree. Apex also makes
money through in-game purchases such as cosmetic upgrades.
But esports can encourage gamers to stick with particular titles
and can keep the game feeling relevant for longer, “both of which lead
to more chances for monetization,” said Nicole Pike, managing director
at Nielsen Esports.
EA estimated during its last earnings call that Apex would bring in
$300 to $400 million next year. For comparison, Fortnite made $2.4
billion in revenue in 2018, according to Nielsen’s SuperData.
Apex vs. Fortnite
“People play Fortnite partly because their friends are on
Fortnite,” said Will Partin, a doctoral candidate at UNC Chapel Hill who
studies esports. “The best-case scenario for the Apex Legends [ESPN]
event is that it exposes the game to a lot of people who haven’t tried
the battle royale genre yet.”
Esports is EA’s latest strategy to try and generate buzz for the
title. When Apex debuted in February, EA paid well-known game streamers
to play Apex for the first 24 hours. EA told CNN Business it stopped
paying them after that.
The marketing bid paid off: Apex attracted 50 million players
within the first month of launch. EA’s chief executive Andrew Wilson
said it was the “fastest-growing new game we’ve ever had” during a May
earnings call.
“It was our way of showing the world, when people go on
[game-streaming platform]
Twitch and it’s one of the top games, you’re like ‘Oh, that looks interesting. What’s that?'” said Vince Zampella, CEO of Respawn, which made Apex. EA acquired the developer in 2017. If people play Apex as a sport, the game could start winning back fan attention and viewership on live-streaming services. Â Some observers think there’s potential for the game to actually succeed as an esports arena. Apex has unique characters and is not updated as frequently as Fortnite, so it’s easier to adapt to, said Will Hershey, co-founder and CEO at the investment advisory firm Roundhill Investments. Â “Ultimately, I believe [Apex] has the potential to be more of an esport, in the traditional sense, than Fortnite does,” he said. Â
Posted by AGORACOM-JC
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Crypto Conference Shows Bitcoin Getting Whole Lot More Fun Again
People want to see high volatility, exchange founder says
As little as six months ago, Bitcoin was moribund, with prices
languishing at a fifth of their record high, disappointing a mass of
cryptocurrency enthusiasts who had grown use to extreme — and often
upwards — moves in the virtual currency.
But this week’s Asia Blockchain Summit in Taipei highlighted how
volatility is back, reviving the excitement around crypto trading.
“Bitcoin is fun, but it’s a hell of a lot more fun at 100 times
leverage,†said Arthur Hayes, the founder and chief executive officer of
the exchange BitMEX. “That’s what people want to see in crypto, they
want that high volatility,†he said. “At the end of the day, we’re all
in the entertainment business of traders.â€
The Taipei conference was the
second annual iteration of an Asia forum that brings investors together
with start-ups, financial services providers, academics and others to
engage on the blockchain technology that powers digital coins.
A person in a Bitcoin costume wanders through the Asia Blockchain Summit in Taipei on July 3.
Photographer: Joanna Ossinger/Bloomberg
“We’re surfing a wave here that’s very linked to the price of Bitcoin
and probably has taken a couple months to filter through,†said
attendee Vincent Alibert of ZVChain, a business-to-business blockchain
project, in an interview. “We don’t see any more of these revolutionary
ICO pitches,†he said, referring to initial coin offerings, which have
generally lost favor after many tokens lost more than 90% of their value.
A Bitcoin – or rather, someone dressed as one – wandered around the
venue. The chairs in the conference hall had covers from crypto.com:
“Get 8% p.a. on your Crypto,†they declared. Much of the conference was
spent on Facebook Inc.’s plans to launch the new Libra cryptocurrency,
which proponents say will spark more mainstream interest in virtual
currencies.
“It’ll definitely bring more people into the space,†said Charlie Lee, the creator of Litecoin, speaking on a panel.
Tron, which bills itself as the largest decentralized ecosystem in
the world, displayed a giant poster near the registration area about CEO
Justin Sun winning the annual charity lunch with Berkshire Hathaway’s
Warren Buffett. The successful bid of $4,567,888 featured prominently.