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Datametrex $DM.ca Provides Additional Information On Its Co-Bid To The Ministry of Health In South Korea Surrounding #Covid19

Posted by AGORACOM-JC at 7:29 AM on Thursday, April 9th, 2020
  • Lotte Group was one of two companies invited to bid on a contract to provide Artificial Intelligence (“AI”) solutions to the South Korean Ministry of Health- Welfare, Food, & Drug, related to the COVID-19 pandemic
  • Lotte Group has invited Datametrex, a preferred vendor of Lotte, to participate in the bid and to provide the AI technology, should Lotte Group’s bid be successful

TORONTO, April 09, 2020 – Datametrex AI Limited (the “Company” or “Datametrex”) would like to provide additional information to our shareholders and the investment community on a joint venture with Lotte Group announced in the Company’s press release on April 6, 2020.

Lotte Group was one of two companies invited to bid on a contract to provide Artificial Intelligence (“AI”) solutions to the South Korean Ministry of Health- Welfare, Food, & Drug, related to the COVID-19 pandemic. Lotte Group has invited Datametrex, a preferred vendor of Lotte, to participate in the bid and to provide the AI technology, should Lotte Group’s bid be successful. The contract is for the implementation of AI solutions to monitor search engine and SNS welfare, food, and drug beneficiaries that will allow the South Korean government to monitor potentially fraudulent activities with COVID-19 related grants. The AI solution required by the South Korean government will also filter incorrect and unreliable information allowing the Ministry of Health and Welfare to gain a better understanding of the COVID-19 pandemic and enable it to maximize efficiency of its human resources.

In the event Lotte Group is awarded the contract, a joint venture will be formed between Lotte Group, Datametrex, and KT Net, a corporation owned and controlled by the South Korean government. If Lotte Group bid is successful, the parties to the proposed joint venture have agreed to establish a joint venture company (“JV Co.”) with Lotte Group owning 75% of the equity in JV Co., Datametrex owning 15% and KT Net owning 10%. Under terms agreed by the parties, Lotte Group would contribute approximately $450,000 to JV Co., Datametrex will provide its proprietary AI technology and KT Net will provide private blockchain technology. The total revenue expected to be earned from this contract is approximately $1.2M annuum, and Datametrex expects to receive its proportionate share of the revenue after payment of JV Co.’s expenses. There is no assurance that Lotte Group will be successful in its bid.

About Lotte Group

The Lotte Group is an international conglomerate consisting of over 90 business units employing 60,000 people engaged in such diverse industries as candy manufacturing, beverages, hotels, fast food, retail, financial services, heavy chemicals, electronics, IT, construction, publishing, and entertainment.

About Datametrex AI Limited

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Additional information on Datametrex is available at: www.datametrex.com.

For further information, please contact:

Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

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

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

#CBD #Edibles Market to Exhibit an Astonishing CAGR of 24.30% – SPONSOR: Hollister Biosciences $HOLL.ca $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca $FAF.ca

Posted by AGORACOM-JC at 6:00 PM on Wednesday, April 8th, 2020

SPONSOR: Hollister Biosciences Inc. (HOLL:CSE) A vertically integrated cannabis company with products in 220 California dispensaries and joint ventures, licensing agreement & partnerships with global brands. The company recently closed $20 MILLION deal with Venom Extracts adding $CDN 16.4 million In revenue and $CDN 2.48 million in EBITDA. FIND OUT MORE

CBD Edibles Market to Exhibit an Astonishing CAGR of 24.30%

  • Data Bridge Market Research analyses the market to account to USD 5160 million by 2027 growing at a CAGR of 24.30% in the forecast period
  • Rising global healthcare spending is expected to enhance the market growth

By Data Bridge Market Research

The CBD Edibles Market report comprehensively studies market definition, market segmentation, competitive analysis and key developments in the market. It comprises of fundamental, secondary and advanced information related to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2020 – 2027. It includes an extensive research on the current conditions of the industry, potential of the market in the present and the future prospects from various angles. Thus, the transparent, reliable and extensive market information of this CBD Edibles report will definitely develop business and improve return on investment (ROI).

Data Bridge Market Research analyses the market to account to USD 5160 million by 2027 growing at a CAGR of 24.30% in the forecast period. Rising global healthcare spending is expected to enhance the market growth.

An Overview of the Impact of COVID-19 on Particular Market:                   

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

CBD Edibles Market Overview 2020-2027: Some of the factors such as rising production of hemp, increasing awareness about the health advantages of cannabis, rising demand from the healthcare industry, and legalization of cannabis in the various industries is expected to enhance the CBD edibles market in the forecast period of 2020 to 2027. High cost of the CBD products and presence of stringent regulations is expected to hamper the market growth in the mentioned forecast period.

Global CBD Edibles Market Scope and Market Size

CBD edibles market is segmented of the basis of source type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

o Based on source type, the CBD edibles market is bifurcated into hemp and marijuana.

o The application segment of the CBD edibles market is segmented into personal care & cosmetics, pharmaceutical, food & beverage and others.

The Global CBD Edibles Market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The market Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments. The data and the information regarding the CBD Edibles industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts.

Global CBD Edibles Industry 2020 Market Research Report is spread across 350 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

Source: https://sciencein.me/2020/04/08/cbd-edibles-market-to-exhibit-an-astonishing-cagr-of-24-30-industry-size-share-demand-growth-segmentation-and-future-insights-2020-2027/

‘Fake news’ increases consumer demands for corporate action – SPONSOR: Datametrex AI Limited $DM.ca

Posted by AGORACOM-JC at 5:20 PM on Wednesday, April 8th, 2020

SPONSOR: Datametrex AI Limited (TSX-V: DM) A revenue generating small cap A.I. company that NATO and Canadian Defence are using to fight fake news & social media threats. The company is working with US Government agencies on Covid19 and Coronavirus fake news and disinformation Click here for more info.

‘Fake news’ increases consumer demands for corporate action

  • “The strongest finding was that consumers expect corporations to take responsibility for combating fake news, even if the company in question was a victim of the fake news story,” Cheng says.
  • “Anyone can spread fake news on social media, and the expectation from consumers is that affected companies should play an active role in addressing it.”

by Matt Shipman, North Carolina State University

New research finds that “fake news” inspires consumers to demand corrective action from companies—even if the company is a victim of the fake news story. The study also supports the idea that most people feel they are better at detecting fake news than other people are—and found that fake news increases calls for improved digital media literacy.

“The idea that I am less influenced by fake news than you are is an example of something called the third-person effect,” says Yang Cheng, first author of the study and an assistant professor of communication at North Carolina State University.

“The third-person effect predicts that people tend to perceive that mass media messages have a greater effect on others than on themselves, and we found that this effect is pronounced among consumers who use social media. We also found that the third-person effect plays a significant role in how people respond to fake news online.”

For this study, the researchers enlisted 661 study participants from across the United States who identified as being Coca-Cola consumers. The researchers first gave the participants an example of a fake news story that circulated in Facebook in 2016, which (falsely) claimed that Coca-Cola had recalled bottles of its Dasani-brand water due to the presence of aquatic parasites. The researchers then asked study participants a range of questions designed to ascertain how the participants felt about fake news and what they felt should be done to address it.

“The strongest finding was that consumers expect corporations to take responsibility for combating fake news, even if the company in question was a victim of the fake news story,” Cheng says. “This is news that public relations professionals can use. It highlights the need for communication professionals to step up and take an active role in responding to fake news items. That could mean collaborating with reporters to provide them with accurate information, or making correct information directly available to the public, or both. But it suggests that simply being quiet and waiting for the crisis to blow over may be unwise.

“Anyone can spread fake news on social media, and the expectation from consumers is that affected companies should play an active role in addressing it.”

The study also found that consumers wanted more to be done to improve media literacy, and that media users should be taught how to evaluate media critically.

The researchers also found that the most powerful factor in triggering these responses from consumers appeared to be the third-party effect. In other words, the people who were most confident in their ability to detect fake news felt most strongly that other people would be influenced by fake news. And highly-confident consumers were the most likely to call for corrective action from corporations and improved media literacy efforts.

“This is an observational study, not an experimental one, so we cannot establish causal relationships,” Cheng says. “But the demand for corporate action is clear—and it is most strongly correlated with the third-person effect.”

Source: https://phys.org/news/2020-04-fake-news-consumer-demands-corporate.html

Mota Ventures $MOTA.ca Acquires Interest in Folium Life Sciences $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 8:25 AM on Wednesday, April 8th, 2020
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  • Folium is a Health Canada licensed cannabis cultivator with facilities located on Vancouver Island.
  • Folium is nearing completion of the expansion of its existing cultivation facility, a further phase 2 expansion of the facility is expected.

VANCOUVER, BC / April 8, 2020 / Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ1)(OTCPINK:PEMTF) (the “Company“) is pleased to announce that it has acquired (the “Acquisition“) all of the outstanding share capital of 1244780 B.C. Ltd. (the “Target“). The Acquisition was completed pursuant to a share exchange agreement (the “Purchase Agreement“), dated April 7, 2020, and entered into with an arms-length third-party (the “Vendor“). The sole asset of the Target consists of a 20% equity interest in Folium Life Sciences Inc. (“Folium“), which is in the process of developing a licensed indoor cannabis production facility located on Vancouver Island. In consideration for the Acquisition, the Company has issued 21,000,000 common shares.

Folium is a Health Canada licensed cannabis cultivator with facilities located on Vancouver Island. Folium is nearing completion of the expansion of its existing cultivation facility. Its business plan calls for a further phase 2 expansion of the facility. Folium aims to produce a high quality and consistent cannabis product through its facilities.

“Canada has been a pioneer in legalization and early adoption of cannabis for both recreational and medical purposes. This equity position in a well-capitalized licensed producer provides Mota with a sound financial investment in the sector.” stated Ryan Hoggan, CEO of the Company.

Each of the Vendor, the Target, and Folium are at arms-length from the Company. The Acquisition does not constitute a fundamental change for the Company, nor has it resulted in a change of control of the Company within the meaning of applicable securities laws and the policies of the Canadian Securities Exchange. In connection with completion of the Acquisition, the Company has issued 210,000 common shares (the “Administrative Fee Shares“) to a consultant who assisted with the Acquisition.

About Mota Ventures Corp.

Mota Ventures is seeking to become a vertically integrated global CBD brand. Its plan is to cultivate and extract CBD into high-quality value-added products from its Latin American operations and distribute it both domestically and internationally. Its existing operations in Colombia consist of a 2.5-hectare site that has optimal year-round growing conditions and access to all necessary infrastructure. Mota is looking to establish sales channels and a distribution network internationally through the acquisition of the Sativida and First Class CBD brands. Low cost production, coupled with international, direct to customer sales channels will provide the foundation for the success of Mota Ventures.

ON BEHALF OF THE BOARD OF DIRECTORS
MOTA VENTURES CORP.

Joel Shacker
President

For further information, readers are encouraged to contact Joel Shacker, President, at +604.423.4733 or by email at [email protected] or www.motaventuresco.com

Microsoft $MSFT claims its #AI framework spots fake news better than state-of-the-art baselines – SPONSOR: Datametrex AI Limited $DM.ca

Posted by AGORACOM-JC at 5:09 PM on Tuesday, April 7th, 2020

SPONSOR: Datametrex AI Limited (TSX-V: DM) A revenue generating small cap A.I. company that NATO and Canadian Defence are using to fight fake news & social media threats. The company is working with US Government agencies on Covid19 and Coronavirus fake news and disinformation Click here for more info.

Microsoft claims its AI framework spots fake news better than state-of-the-art baselines

  • If the system’s accuracy is as claimed and it makes its way into production, it could help combat the spread of false and misleading information about U.S. presidential candidates and other controversial topics
  • A survey conducted in 2018 by the Brookings Institute found that 57% of U.S. adults saw fake news during the 2018 elections and that 19% believe it influenced their vote

Kyle Wiggers

In a study published this week on the preprint server Arxiv.org, Microsoft and Arizona State University researchers propose an AI framework — Multiple sources of Weak Social Supervision (MWSS) — that leverages engagement and social media signals to detect fake news. They say that after training and testing the model on a real-world data set, it outperforms a number of state-of-the-art baselines for early fake news detection.

If the system’s accuracy is as claimed and it makes its way into production, it could help combat the spread of false and misleading information about U.S. presidential candidates and other controversial topics. A survey conducted in 2018 by the Brookings Institute found that 57% of U.S. adults saw fake news during the 2018 elections and that 19% believe it influenced their vote.

Many fake news classifiers in the academic literature rely on signals that require a long time to aggregate, making them unsuitable for early detection, the paper’s coauthors explain. Moreover, some rely solely on signals that are easily influenced by biased or inauthentic user feedback.

In contrast, the researchers’ system employs supervision from multiple sources involving users and their respective social engagements. Specifically, it taps a small amount of manually annotated data and a large amount of weakly annotated data — i.e., data with a lot of noise — for joint training in a meta-learning AI framework.

A module dubbed label weighting network (LWN) models the weight of the weak labels that regulate the learning process of the fake news classifier, taking what the researchers refer to as an instance — for example, a news piece — and its label as input. It outputs a value representing the importance weight for the pair, which determines the influence of the instance in training the fake news classifier. To allow information sharing among different weak signals, a shared feature extractor works alongside the LWN to learn a common representation and to use functions to map features to different weak label sources.

Above: Graphs comparing the performance of Microsoft’s AI with various baseline models.

The Microsoft researchers tapped the open source FakeNewsNet data set to benchmark their system, which contains news content (including meta attributes like body text) with labels annotated by experts from the fact-checking websites GossipCop and PolitiFact, along with social context information such as tweets about news articles. They enhanced it with a corpus of 13 sources, including mainstream British news outlets, such as the BBC and Sky News, and English-language versions of Russian news outlets like RT and Sputnik, with content mostly related to politics.

To generate weak labels, the researchers measured the sentiment scores for users sharing pieces of news and then determined the variance between those scores, such that articles for which the sentiments widely varied were labeled as fake. They also produced sets of people with known public biases and calculated scores based on how closely a user’s interests matched with those sets, operating on the theory that news shared by biased users was more likely to be fake. Lastly, they measured credibility by clustering users based on their meta-information on social media so that users who formed big clusters (which might indicate a bot network or malicious campaign) were considered less credible.

In tests, the researchers say the best-performing model, which incorporated Facebook’s RoBERTA natural language processing algorithm and trained on a combination of clean and weak data, accurately detected fake news in GossipCop and PolitiFact 80% and 82% of the time, respectively. That’s upwards of 7 percentage points better than the baseline models.

The team plans to explore other techniques in future work, like label correction methods for obtaining high-quality weak labels. They also hope to extend their framework to consider other types of weak supervision signals from social networks, leveraging the timestamps of engagements.

These researchers aren’t the only ones attempting to combat the spread of fake news with AI, of course. In a recent study, MIT’s Computer Science and Artificial Intelligence Laboratory developed an AI system to spot misleading news articles. Jigsaw late last year released Assembler, an AI-powered suite of fake news-spotting tools for media organizations. AdVerif.ai, a software-as-a-service platform that launched in beta last year, parses articles for misinformation, nudity, malware, and other problematic content and cross-references a regularly updated database of thousands of fake and legitimate news items. For its part, Facebook has experimented with deploying AI tools that “identify accounts and false news.”

Source: https://venturebeat.com/2020/04/07/microsoft-ai-fake-news-better-than-state-of-the-art-baselines/

VIDEO – New Age Metals $NAM.ca 2.9M Ounces Of #Palladium Equivalent Is Why Eric #Sprott Owns 18.5% $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN #PGM

Posted by AGORACOM-JC at 5:09 PM on Monday, April 6th, 2020

Three years ago, Harry Barr couldn’t get anyone to even look at New Age Metals (NAM:TSXV) flagship property, the 100% owned River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 kilometres from Sudbury.  

But with Palladium at $US 2,100/oz and River Valley sitting on 2.9Moz Palladium Equivalent (Measured & Indicated), things have changed significantly, including the fact that  Eric Sprott has become a strategic shareholder with 18.56% ownership.  

WAIT … THERE’S MORE  

NAM’s 2019 Preliminary Economic Assessment highlights include a 14 year mine life, resulting in an annual average payable Palladium Equivalent production of 119,000 ounces.  

WAIT ….. THERE’S ONE MORE THING  

The PEA assumed a Palladium price of $US 1,200, which is now 75% higher at $US 2,100.  

With NAM now using their war chest to further drill River Valley and follow-up on recommendations from the PEA, there is reason to believe this story is only going to get better.  

Grab your favourite beverage and watch this interview with NAM CEO, Harry Barr.

Cannabis Expo London 2020 – Experience the Europe Canna Expo SPONSOR: Mota Ventures $MOTA.ca $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 4:36 PM on Monday, April 6th, 2020

SPONSOR: Mota is seeking to become a vertically integrated global CBD brand. Mota is looking to establish sales channels and a distribution network internationally through the acquisition of the Sativida and First Class CBD brands. Low cost production, coupled with international, direct to customer sales channels will provide the foundation for the success of Mota. Combined total sales of almost $29,000,000 with a EBITDA of approximately 12.5% (2019) . Click Here for More Info

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With the current climate of social distancing and uncertainty, it’s no surprise that events have been forced to cancel or postpone left, right, and centre. Despite the disruption caused by the Coronavirus pandemic, some organisers are persevering with their plans – at least for the time being. One of those events is the Europe Canna Expo, set to take place in  London in July.

The Europe Canna Expo (ECE) is scheduled to make a return to London for a 2-day event on 26-27 July. Following the success of last year’s Europe CBD expo at the same location, the ECE will aim to bring together over 90 speakers and 125 exhibitors.

The Venue

The ECE is set to make a return to the London ExCel Centre in Canning Town East London. The event was held at the venue in July 2019, with an array of exhibitors and speakers. This year, the Europe Canna Expo is expected to be even bigger. However, uncertainty remains over the event.

The ExCel Centre is currently home to the temporary Nightingale hospital – the improvised care centre for victims of the Coronavirus. It remains unclear when the need for the venue will be over as the UK’s Coronavirus lockdown continues.

Exhibitors and Speakers

However, should the expo go on as planned, attendees will be spoilt for choice with speakers and professionals set to provide insights into the CBD, cannabinoid, and medical cannabis industries. In addition, the event will be present a huge number of exhibitors including a variety of manufacturers and businesses.

Speakers will include international experts showcasing senior-level insights and global scientific research in the CBD, cannabinoid and medical cannabis sectors. Organisers of the event expect that attendees will include consumers and businesses, as well as policymakers and press.

The event will provide an opportunity for global leading brands to showcase their products to thousands of attendees. From CBD drinks and chocolates to medicinal products, the Europe Canna Expo plans to present the most innovative international brands.

Event Schedule

The ECE organisers are yet to release a detailed schedule for the two-day cannabis expo. This may be due to the ongoing uncertainty surrounding the Coronavirus lockdown. For more information and up-to-date announcements, visit the ECE London website.

https://canex.co.uk/cannabis-expo-2020-europe-canna-expo-london/

Datametrex $DM.ca Co-Bid With #Lotte To The Ministry of Health Surrounding #Covid19

Posted by AGORACOM-JC at 7:30 AM on Monday, April 6th, 2020
  • Established a join venture (JV) with LOTTE to co-bid on contracts with the Ministry of Health in South Korea
  • This is to improve accuracy and transparency in the middle of COVID-19 catastrophe on media, social media, and various other data sources

TORONTO, April 06, 2020 — Datametrex AI Limited (the “Company” or “Datametrex”) is pleased to announce that it has established a join venture (JV) with LOTTE to co-bid on contracts with the Ministry of Health in South Korea. This is to improve accuracy and transparency in the middle of COVID-19 catastrophe on media, social media, and various other data sources.

On April 2, 2020, Datametrex announced that it was awarded preferred vendor status with LOTTE. One of the many benefits of being a preferred vendor is the opportunity to create JV’s and co-bid on contracts with LOTTE’s support. Datametrex and LOTTE recently agreed to create a JV using its AI and other relevant technologies to improve the accuracy and transparency of data which includes ability to filter disinformation for the Ministry of Health Department in South Korea. This opportunity was initiated due to the Coronavirus and COVID-19 catastrophe. South Korea’s health department has been the leader in screening and flattening the curve and is a role model for other countries on how to manage the COVID-19 pandemic.

The Company was successful in pitching the opportunity and create a JV with LOTTE largely due to the work it has done for the US Federal Government on COVID-19 and Coronavirus.   Datametrex released a report on April 1, 2020 which clearly identified Chinese authorities manipulating social media surrounding Coronavirus and COVID-19. Their intent was to sway public opinion to negatively impact the United States Government and President Trump while positively impacting China and President Xi.

Please click the link below to view the report:

http://datametrex.com/investor/covid19-report.html

“I am thrilled to share this update with shareholders, our team has done a fantastic job fast tracking with LOTTE. The work we have done this past year training our technology in various languages such as Korean, Chinese, French, and Russian is really starting to pay off,” says Marshall Gunter, CEO of the Company

About Datametrex AI Limited

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com).
Additional information on Datametrex is available at: www.datametrex.com

For further information, please contact:

Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

Jeff Stevens- Co-Founder
Phone: (647) 400-8494
Email: [email protected]

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

This news release contains “forward-looking information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

Mota Ventures $MOTA.ca Acquires Over 20,000 Customers in March, Launches New Immune Support Product Line $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 9:13 PM on Sunday, April 5th, 2020
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  • Immune Support product line has been received exceptionally well by consumers
  • The total number of customers acquired by First Class CBD in March 2020 is 20,959, including 6,419 immune customers
  • Initial average spend of Cdn$218.40 per customer

VANCOUVER, BC / April 4, 2020 Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ1)(OTC:PEMTF) (the “Company” or “Mota“) is pleased to provide an update on the recent progress that is fueling the increase in sales for products under its First Class CBD brand. The Immune Support product line has been received exceptionally well by consumers since it launched on March 14, 2020 and has been a significant driver of growth in March. The total number of customers acquired by First Class CBD in March 2020 is 20,959, including 6,419 immune customers with an initial average spend of Cdn$218.40 per customer.

The Company will be launching a new brand, Nature’s Exclusive CBD on April 6, 2020. The new Nature’s Exclusive CBD brand will introduce a line of Immune Support and CBD products with a higher content of CBD. The Company also anticipates releasing March 2020 financial results for First Class CBD in the next few days.

“The month of March has been exceptional, with new customer signups exceeding expectations. We believe this is a testament to our ability to adapt to the fast-paced eCommerce sector and ability to identify upcoming trends in consumer demand. I am very excited with the rapid progress and look forward to releasing March results in the upcoming days,” stated Ryan Hoggan, CEO of the Company.

The initial average spend per customer was translated from US dollar into Canadian dollar using the Bank of Canada average exchange rate of 1.3953 for March 2020.

About Mota Ventures Corp.

Mota is an established eCommerce, direct to consumer provider of a wide range of CBD products in the United States and Europe. In the United States, the company sells a CBD hemp-oil formulation derived from hemp grown and formulated in the US through its First Class CBD and Nature’s Exclusive brands. Within Europe, its Satavida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom. Mota Ventures is also seeking to acquire additional revenue producing CBD brands and operations in both Europe and North America, with the goal of establishing an international distribution network for CBD products. Low cost production, coupled with international, direct to customer, sales channels will provide the foundation for the success of Mota Ventures.

ON BEHALF OF THE BOARD OF DIRECTORS

MOTA VENTURES CORP.
Ryan Hoggan
Chief Executive Officer

For further information, readers are encouraged to contact Joel Shacker, President, at +604.423.4733 or by email at [email protected] or www.motaventuresco.com

INTERVIEW: Empower $CBDT.ca #CBD Clinics Visits Climb By 478% In Q1 As #Coronavirus Stress Drives Demand For CBD $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 7:41 PM on Sunday, April 5th, 2020

With 165,000 patients, Empower Clinics (CBDT:CSE) (EPWCF:OTCQB) has a database that almost every medical cannabis and CBD company would kill for.  Patient visits increased 800% in February. 590% in March and 480% for Q1.  But will Coronavirus social gathering imitations put the clinic network at risk?

No.  In fact, it has had the opposite effect, with the clinics being designated an essential service.  Moreover, Empower has had to actually increase operating hours due to demand from existing patients who need their CBD medication more than ever, as well as, new patients who are experiencing anxiety and stress through the COVID-19 pandemic.  

Moreover, the Company has also  entered expanded into telemedicine across multiple states for patients who can’t get to a clinic but need a consultation with doctors over the phone to determine the best CBD medications for home delivery.

Watch this interview with the Company’s CEO, Steven McAuley, who is Six Sigma certified under the quality initiative of legendary GE chairman Jack Welch. We’ve never seen a Six Sigma certified CEO in the Canadian small cap markets. Never …. which also explains how McAuley has been able to guide Empower Clinics through the most disruptive retail environment in recent history.  

Grab your favourite beverage and settle in to watch what may be your next great small cap investment