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INTERVIEW: Advance Gold $AAX.ca Circles Labor Day For Next #Gold & #Silver Data $MMG.ca $SIL.ca $FA.ca

Posted by AGORACOM-JC at 5:18 PM on Wednesday, August 7th, 2019

Advance Gold Corp. (TSXV: AAX) is smack in the middle of elephant country. 

10% of all the Silver ever produced on earth came within a 100km diameter of its past producing Tabasquena Mine.

What makes Advance Gold even more exciting is the fact they’ve found just as much gold as silver since they started drilling Tabasquena over the past couple of years.

After discovering a cluster of epithermal veins in the “first layer of their cake”, CEO Allan Barry Laboucan thinks he’ll find the massive source in the second layer…. Because that’s where mines all around him have found their source.

Watch this great interview with him to find out why you should be circling Labour Day on your calendar.

Enthusiast Gaming $EGLX.ca – #Esports Are Beginning to Eclipse Traditional Sports $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 12:05 PM on Wednesday, August 7th, 2019

SPONSOR: Enthusiast Gaming Holdings Inc. (TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated websites, currently reaching over 75 million monthly visitors. The company exceeded 2018 target with $11.0 million in revenue. Learn More

EGLX: TSX-V

Esports Are Beginning to Eclipse Traditional Sports

More young people are dreaming of becoming professional gamers than professional athletes

In British Columbia and beyond, esports are booming. Many universities are forming esports teams for games like Overwatch, League of Legends, Rocket League, Counter-Strike, and Dota 2 to compete in collegiate leagues around the world. by Alex Rodriguez

  • In 2018, esports had a total audience size of 380 million, and esports research firm Newzoo predicts that that number will increase to 557 million by 2021.
  • As a result, an increasing number of large brands will sponsor events and tournaments, which has lead Newszoo to believe that esports will reach a market value of $1.7 billion USD by 2021, overtaking the revenue generated by rugby.

Last year in 2018, the owner of the Vancouver Canucks acquired an esports team to compete in the Overwatch League, a tournament league officially ran by Blizzard, the developers of Overwatch. This year, teams are competing in the league for a chunk of a $5 million prize pool. Many players competing in the Overwatch Collegiate Championships are scouted by large teams and play in hopes of being signed onto a bigger one. This gives talented players a clear path for graduating from being amateur competitors to professional gamers who can live off of their winnings and sponsorships.

Last year, the Rogers Arena was packed for the 2018 International Dota 2 championships, where 18 teams competed for more than $33 million—the largest prize pool for an esports event in history. Dota 2 is the esport with the largest prize pools in the world, and they are set to beat that record in 2019.

If you think that sounds like a lot of money, this year Fortnight will become the first game to offer a prize pool of $39 million for the Fortnight World Cup in July. With prize pools growing so large, it’s easy to see why gaming as a whole is flourishing. Instead of simply playing for fun, people are now seeing gaming as a possible investment in skills that could win you prizes.

The grand opening of the Gaming Stadium in Richmond on June 28 was a milestone for esports in British Columbia. With its construction came the creation of Canada’s first dedicated esports gaming stadium. 

They host competitive events most days of the week for various video games that either individuals or teams can sign up for. All of their events are broadcasted on Twitch—the leading live streaming platform for gamers and esports events—using great production quality. The Gaming Stadium is sure to cultivate new talent in the community as the local population will be able to go there to practice, socialize, and get a sense of what being an esports player feels like.

In 2018, esports had a total audience size of 380 million, and esports research firm Newzoo predicts that that number will increase to 557 million by 2021. As a result, an increasing number of large brands will sponsor events and tournaments, which has lead Newszoo to believe that esports will reach a market value of $1.7 billion USD by 2021, overtaking the revenue generated by rugby. They also predict that, with the help of esports, the global games market will generate over $180 billion USD.

As the life of a professional gamer continues to look more and more lucrative, it may eventually become more common for parents to push their children towards becoming a digital athlete than it is to involve them in traditional sports.

Source: https://runnermag.ca/2019/08/esports-are-beginning-to-eclipse-traditional-sports/

North Bud Farms Inc. $NBUD.ca – Drink Makers Seek to Include #CBD and #Cannabis Beverage Alternatives $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 11:09 AM on Wednesday, August 7th, 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

Drink Makers Seek to Include CBD and Cannabis Beverage Alternatives

  • According to data compiled by Fior Markets, the global cannabis beverages market is expected to reach USD 4.56 Billion by 2025 while exhibiting a CAGR of 16.8% during the forecast period from 2018 to 2025.
  • In particular, edibles are more abundant in regions where recreational cannabis is legal. On the other hand, the cannabis-infused beverage industry is experiencing significant strength because of large beverage corporations entering into the marketspace.

NEW YORK, Aug. 7, 2019 — As the cannabis industry continues to develop, savvy consumers and businesses are creating innovative new ways to ingest cannabis. Due to widespread stereotypes, many imagine cannabis users relying on hastily rolled joints. However, as the legal industry continues to accelerate, new products are constantly emerging. For instance, in legal markets such as Colorado or California, extracts and concentrates have become increasingly popular because of their potency and immediate effects. Specifically, Colorado has witnessed its extract and concentrate sales eclipse its flower sales in recent years. And while extracts and concentrates are widely popular, other vendors have incorporated cannabis into edibles and beverages.

In particular, edibles are more abundant in regions where recreational cannabis is legal. On the other hand, the cannabis-infused beverage industry is experiencing significant strength because of large beverage corporations entering into the marketspace. Notably, big alcohol has set its sights on the cannabis market because of its declining primary revenue drivers. As a result, many companies are adding cannabis-infused beverages to their product lines in order to combat lower sales numbers that are a result of the declining alcohol consumption levels. However, to note, most companies are predominantly only adding CBD, or cannabidiol, to their beverages because of regulatory restrictions on THC.

Moreover, companies are marketing CBD-infused beverages as health and wellness products rather than recreational or relaxation products. And while the infused beverage market is already experiencing a surge in momentum in legal regions, it’s expansion into new territories is expected to spur its growth. According to data compiled by Fior Markets, the global cannabis beverages market is expected to reach USD 4.56 Billion by 2025 while exhibiting a CAGR of 16.8% during the forecast period from 2018 to 2025.

Source: https://www.prnewswire.com/news-releases/drink-makers-seek-to-include-cbd-and-cannabis-beverage-alternatives-300897989.html

BetterU Education Corp. $BTRU.ca – #India #Edtech Education Policy Updates After 30 Years: 4 Experts Share What It Really Means $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:13 AM on Wednesday, August 7th, 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

India’s Education Policy Updates After 30 Years: 4 Experts Share What It Really Means

by India Development Review (IDR) August 6, 2019, 11:00 am

  • On 31 May 2019, the Ministry of Human Resource Development (MHRD) released a draft of the National Education Policy (NEP).
  • This is the first update to India’s education policy in nearly 30 years, and there has been plenty of debate on the recommendations, and it was open to the public for feedback and suggestions till July 31.

Central Square Foundation’s (CSF) monthly newsletter The EDge asked eminent names from the education sector to share their thoughts on some key aspects of the policy.

1. Ashish Dhawan, Founder and Chairman, Central Square Foundation

Ashish Dhawan. Source: Central Square Foundation

What is your initial response to the draft NEP? If implemented, how do you see the impact of the policy on our education system?

The draft NEP was a long time coming, but it has made some bold and welcome recommendations to shift the focus of the education system towards quality, and improving student learning outcomes. It takes a long-term view in terms of the emphasis on flexibility and skills to ensure that our children are equipped for a rapidly changing job scenario.

When I read it, my immediate thought was that we now have a policy document, even though it’s a draft, that explicitly recognizes that we are currently in a severe learning crisis, and that this crisis starts in the early years. This is significant. If we were to focus and get this one thing right, i.e., ensure all children have foundational literacy and numeracy skills, this in itself would have a tremendous impact on the education system.

What are some of the key steps the government can take for the successful implementation of the policy? How can the policy translate into real action?

The challenge is that current state capacity to deliver quality education is weak, and we do not have the resources to focus on so many things at the same time. My one advice to the government would be that they should almost ruthlessly prioritise–they should first focus on ensuring that all children achieve foundational literacy and numeracy, and then phase in other priorities, as needed.

Separately, I think it’s important to remember that implementation rests with states. The centre’s role is primarily one of catalysing demand for critical reforms with the states, setting broader policy goals, providing funding to states, and so on. The centre cannot be too prescriptive in terms of ‘how’ states need to implement. In fact, it needs to give states the autonomy to choose the most cost-effective pathways, while maintaining accountability for the right outcomes. The centre should also think about enabling states to develop 3-5 year plans, and not annual plans.

What, according to you, are the big misses of the draft NEP, if any?

One of the key concerns with the draft education policy is that like many other policies, it may be attempting to do too much. As a system, we first need to focus on getting the basics right–ensure that all our children achieve foundational literacy and numeracy by class 3. Without this prioritisation, the system will continue to grapple with multiple competing priorities.

We cannot hope to achieve foundational learning for all our children if we don’t measure it correctly. Therefore, one of the biggest areas of reform in this regard, which is not adequately addressed by the policy in its current form, is the need to ensure independent and reliable learning data to measure early grade learning outcomes.

While the NEP does call out regular adaptive assessments, there is a need to have a large-scale, independent, household-based, government-backed assessment, which measures outcomes for children attending public and private schools. This survey must be housed in and administered by an autonomous institution, which is at arm’s length from the delivery ministry, ensuring there is no conflict of interest. This learning data is critical for the government to meaningfully hold the system accountable and keep us honest.

Read CSF’s full interview with Ashish Dhawan, here.

2. Geeta Gandhi Kingdon, Professor, University College London and President, City Montessori School, Lucknow

Geeta Gandhi Kingdon. Source: Central Square Foundation

The NEP refers to the creation of an independent agency to gather and analyse data for the education system. What are crucial data gaps on private schools that the government should strive to fill?

There is hardly any data on private schools because they are rarely included in studies or surveys done by the government. It is as if private school students belong to another country. For example, the National Achievement Survey (NAS) is conducted only in government and aided schools and excludes private unaided schools. We need more information about private schools to get a fuller picture of the education sector.

What do you think of the proposition to separate regulation, provision, and policy-making in the NEP? How do overlapping interests between these functions presently impact private schools?

The idea of separating roles is very good, because if the government performs all the roles–funder, provider, regulator, policy maker, assessor–it leads to many conflicts of interest. However, the NEP does not go far enough because it does not separate funding and provision–the government is both the funder and producer of education, i.e., it runs schools itself.

The NEP does not consider public funding for privately produced education (public-private partnerships). It is a myth that in educationally developed countries, all schools are state-run. Actually, they are only publicly funded, not publicly run. This is an important distinction that many in government are unaware of.

In India, there is an entrenched belief that the government shouldn’t just fund education, it must also produce it (i.e., run the schools)–even when it has struggled to deliver quality. Our main focus should be to ensure that all elementary education is publicly funded, so that parents do not have to pay to send their children to school. But the operation of the schools could be in private hands if they are deemed to be more efficient, i.e., to deliver better child outcomes at lower costs.

The NEP has also proposed the establishment of an independent State School Regulatory Authority (SSRA) for each state, to handle all aspects of school regulation and accreditation. It recommends reducing the burden of over-regulation on private schools, and regulating public and private schools within the same framework/benchmarks. These are welcome proposals. Much depends, however, on how the SSRA will operate. Will it subject public schools to accountability pressures? Will government schools go through a process of recognition like private schools? And will they also be closed down if they do not comply with the norms of the RTE Act? The NEP doesn’t clarify this, leaving open the possibility of the continuation of non-accountable public schools and resultant poor learning outcomes.

Read CSF’s full interview with Geeta Gandhi Kingdon, here.

3. Rukmini Banerji, CEO, Pratham Education Foundation

Rukmini Banerji. Source: Central Square Foundation

The draft NEP includes pre-primary education as part of the ‘foundational stage’ (ages 3-8) and strongly recommends that this stage must be a continuum. Do you agree? How should we approach this?

I welcome the strong focus on the early years. Building strong foundations in the early years allows children to ‘leap forward’. The widespread phenomena of ‘falling behind’ that we see today, happens because the right things are not done at the right time.

The draft policy states that children in the 3-8 year age group should receive a flexible, “play-based, activity-based, and discovery-based” education. However, it is fair to say that the educational establishment in India, including the government bodies at the central, state, and district levels have little or no experience with the preschool age group.

Pre-primary classes are often part of primary schools in the private sector and much of the student intake happens in lower or upper kindergarten. However, research studies show that most activities in these institutions in the early age group are ‘school-like’ and do not provide the flexible, play-based, and developmentally appropriate activities that are suited for supporting the development of young minds. So, despite several years of preschool education, such children are still not ‘ready’ for class 1.

At the same time, the Integrated Child Development Services (ICDS) system run by the Ministry of Women & Child Development (MWCD) is typically overwhelmed by responsibilities in health, immunisation, and nutrition. So, in the anganwadis, early childhood stimulation or development has not received the high priority it needs.

Bringing these two ministries together, all the way from the centre to the states, districts, and villages, will be a huge and challenging task, but one that is certainly worth undertaking. Clear financial calculations will be needed to support this convergence exercise in a sustained way.

One of the objectives the draft NEP states is that every child in grade 5 and beyond should achieve foundational literacy and numeracy – can you talk about some of the specifics with regard to the pedagogical and curricular changes that will be needed to achieve this goal?

According to ASER data, only about 50 percent of class five children are able to read in class 2 (or higher). The other half is spread across several reading levels, starting from not being able to recognise letters to just about coping with simple sentences. This is one of the biggest challenges in primary schools, the wide dispersion of learning levels. The teacher’s daily dilemma is to figure out what to teach and to whom. To complete the curriculum guided by grade-level textbooks, teachers usually choose to focus on the ‘top of the class’, leaving others to catch up on their own. Even the RTE Act prescribes that teachers “must complete entire curriculum within specified time”.

The draft NEP highlights several causes for the learning crisis, including the lack of school readiness, but it doesn’t address the negative consequences of overambitious curricula or the common practice of teaching to the top of the class. The real challenge is, therefore, to schedule ‘catch-up’ routines into the regular school schedule. Given the size, depth, and magnitude of the ‘catch-up’ required, we will need a persistent and high-priority effort for at least five years or more.

The alignment of key elements of the school system such as teacher training, teaching-learning material, ongoing teacher support, mentoring-monitoring, assessment, and course correction towards achieving stated goals is critical. Perhaps this alignment for foundational learning will now be possible, given the overarching direction of the new policy.

Read CSF’s full interview with Rukmini Banerji, here.

4. Sridhar Rajagopalan, President and Chief Learning Officer, Educational Initiatives

Sridhar Rajagopalan. Source: Central Square Foundation

The draft NEP calls for the appropriate integration of technology into all levels of education. What is your initial response to the draft in terms of how it envisions the role of technology in education?

The draft policy mentions India’s unique leadership in the technology space and acknowledges that the right policy and implementation can help India become a global leader in EdTech. Overall, the policy seems to have its heart in the right place, yet many challenges plague the successful implementation of EdTech in our country.

For example, one of the most common issues with all EdTech projects is the disproportionate focus on hardware as compared to the software or content.

One big miss. without a doubt, is that it fails to recognise the role of the private, for-profit players and their international experience. It would have been useful to look into what has been tried already in EdTech and the challenges those efforts faced. While the collective goal should be to strengthen state resources and capacities and help curate high-quality open resources, there should be an effort to learn from the for-profit EdTech players and view them as providers of co-existing and complementing solutions.

Again, for implementation of suggestions made in the policy, do you think we have adequate infrastructure and capacity in our schools and state systems? What could be the challenges in creating that infrastructure and capacity?

The infrastructure and capacity do not exist, but like with anything new, they can be developed over time as these projects expand. However, problems arise if the approach tends to focus more on scaling than on quality. Ironing out all possible issues at the scale of 20-100 schools is very important, and a disproportionate focus at this scale will ensure fewer challenges at a larger scale of say 1,000 or 2,000 schools.

What is important in all this is generating effective assessment solutions and protocols to provide learning feedback. Again, this should be done in a low-stake, quality-focused manner while gradually scaling up and taking key players and partners along.

Read CSF’s full interview with Sridhar Rajagopalan, here.

Source: https://www.thebetterindia.com/190770/national-education-policy-draft-update-recommendation-india/

Empower Clinics $CBDT.ca Enters Into Strategic Partnership With Heritage #Cannabis Subsidiary Endocanna Health to Create and Sell #Endocannabinoid DNA Test Products $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca $CANN.ca

Posted by AGORACOM-JC at 8:35 AM on Wednesday, August 7th, 2019
  • Entered into a strategic partnership with Endocanna Health Inc. a research and development biotechnology company specializing in endocannabinioid DNA testing, and a partly owned subsidiary of Heritage Cannabis (CSE: CANN)
  • Endocanna will manufacture its patent-pending Endocannabinoid DNA Test Kits for and license its proprietary DNA technology to Empower.

VANCOUVER, Aug. 7, 2019  – EMPOWER CLINICS INC. (CSE: CBDT) (Frankfurt 8EC) (OTC: EPWCF) (“Empower” or the “Company“), a vertically integrated and growth-oriented CBD life sciences company, and a multi-state operator of medical health & wellness clinics in the U.S., is pleased to announce it has entered into a strategic partnership with Endocanna Health Inc.(“Endocanna“), a research and development biotechnology company specializing in endocannabinioid DNA testing, and a partly owned subsidiary of Heritage Cannabis (CSE: CANN)

Endocanna will manufacture its patent-pending Endocannabinoid DNA Test Kits for and license its proprietary DNA technology to Empower. Empower will immediately make the Endocanna kits available to its corporate owned medical clinics that include 165,000 patients in Oregon, Arizona, Washington State and Nevada. The Company plans to include the DNA Test Kits as a standard offering in the Sun Valley Health franchise program, and has commenced it’s roll-out in the United States.

“We continue to focus our initiatives on patient care and wellbeing, ensuring we have the ability to provide best-in-class care and advice using the most advanced technology available.” said Steven McAuley, Empowers Chairman & CEO. “The Endocanna DNA Test Kit can give our physicians the potential to have even greater insight into each individual patient’s propensity for success, on how CBD based therapies may interact with their individual regulatory system.”

The Kits are designed to provide consumers with personalized data about how cannabidiol (CBD) and other cannabinoids may interact with their body, plus the technology may allow the company to provide patients with science-backed cannabis product suggestions based on their specific DNA.

“Using Endocanna Health’s proprietary DNA report, we can personalize and provide a cannabinoid wellness protocol tailored to an individual’s needs.” said Len May, CEO & Co-Founder of Endocanna Health. “Empower and their Sun Valley Health clinic network, provides an immediate opportunity for us to work with physicians and patients to develop advanced science surrounding the endocannabinioid system and CBD based therapies.”

About Endocanna Health Inc.

Endocanna is a company based in Los Angeles, CA that has developed Endocannabinoid DNA testing to assist individuals in taking control of their own health, by utilizing cannabis products specifically suited for themselves. The recently expanded database of genetic markers now allows for a thorough review of potential products, which are helpful to address the needs of patients. EndoDNA testing packages are currently available in the United States, and will shortly be introduced to Canada and other select cannabis-forward countries. For more information visit www.endocannahealth.com 

About Heritage Cannabis Holdings Corp.

The Company is focused on becoming a vertically integrated cannabis provider that currently has two Health Canada approved licenced producers, through its subsidiaries Voyage Cannabis Corp. and CannaCure Corp. both regulated under the Cannabis Act Regulations. Working under these two licences, Heritage has two additional subsidiaries, Purefarma Solutions, which provides extraction services, and BriteLife Sciences that is focused on cannabis based medical solutions. Heritage as the parent Company, is focused on providing resources for its subsidiaries to advance their products or services to compete both domestically and internationally.

ABOUT EMPOWER

Empower is a vertically integrated and growth-oriented CBD life sciences company, and a multi-state operator of medical health & wellness clinics, operating the Sun Valley Health clinic brand www.sunvalleyhealth.com, for its nine corporate locations and for franchises in the United States. As a CBD product manufacturer under the Solievo brand, the company distributes its lines through clinics, online and through retail partners. Extraction operations are currently being developed in the Company’s new extraction facility in Oregon.

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; 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.

SOURCE Empower Clinics Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2019/07/c1240.html

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

Spyder Cannabis $SPDR.ca – Retailers See Promise in #CBD and #Hemp Products $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 9:15 PM on Tuesday, August 6th, 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)

Retailers See Promise in CBD and Hemp Products

CBD Hemp oil, Doctor holding a bottle of hemp oil, Medical marijuana products including cannabis leaf, cbd and hash oil, alternative medicine

Dennis Mitzner Contributor

Thanks to the passing of the Farm Bill in late 2018 – containing a provision legalizing hemp, a species of non-psychoactive cannabis that CBD can be extracted from – Hemp and CBD are on major retailers’ radar. 

The CBD market is moving towards mainstream retailers and is projected to be over $20 Billion in sales by 2024. Walgreens, Sprout, CVS, Ulta Beauty, GNC Holdings, Urban Outfitters are just a handful of retailers offering or looking to offer, CBD products to consumers.

According to Christina Hartwell from Little Mary and Jane â€the industry is on the verge of moving beyond merely CBD and exploring the full spectrum of Hemp (Cannabis Sativa L).”

The potential of CBD and Hemp products appears to be endless due to newly emerging scientific data.

“The industry is on the verge of moving beyond merely CBD and exploring the full spectrum of Hemp (Cannabis Sativa L). Scientific studies thus far have been somewhat limited due to the stumbling block of THC due to potential adverse side effects and regulations. However, the studies being done on full-spectrum Hemp and the multitude of Cannabinoids in the plant are promising, CBN is beginning to come to the forefront and is potentially more beneficial for treating Insomnia and Anxiety than Isolated CBD,” Hartwell added.

Retailers jumping in

Several retailers for natural supplements are expected to have CBD on their shelves. Dillards Department Store, a chain with a total of approximately 292 stores in 29 states, is beginning to roll out several Hemp Depot while labeled CBD products. Kroger announced in July another 1,000 locations in 22 states where their grocery stores will begin to carry CBD products. 

“Because of the tremendous range of products in which CBD is a fit, we expect to see it on shelves, literally, everywhere. Wholesale order numbers are climbing dramatically, which is one of the first signs of significant market expansion. When we started, we were taking orders for small companies ordering 500 units at a time. Large company orders are projected to reach 100,000+ units in the next 18 months which is going allow wholesalers like Hemp Depot to manufacture products on a larger scale, thereby reducing CBD product prices by the end of 2020 to a forecasted $20 – $30 as with standard vitamin supplements,” said Andy Rodosevich, CEO and Co-Founder of Hemp Depot.

In July, adding to the momentum, Toronto-headquartered Abacus Health Products announced new retail purchase orders from CVS for its line of CBDMEDIC pain relief and skincare products, sold to consumers via retail chains and the company’s e-commerce platform. 

“We are encouraged to see the continued interest and growth in CBDMEDIC among leading retailers throughout the United States. In particular, the fact that CBDMEDIC products are now being positioned in-line demonstrates the acceptance of our over-the-counter products within the traditional pain relief and skincare categories and we look forward to seeing the continued growth in the number of retail locations in which CBDMEDIC is available,” said Perry Antelman, the CEO of Abacus Health Products, maker of CBD CLINIC and CBDMEDIC.

Also in July, Green Growth Brands announced a deal with American Eagle to begin selling its CBD-infused body-care products — including muscle balms and lotions — in nearly 500 of American Eagle’s stores and online, with sales expected to begin in October. This follows apparel retailer Abercrombie, which just last month announcing its plans to sell GGB’s products in more than 160 stores across the U.S.

“The cultural conversation around CBD is growing and I think we are beyond CBD being only for early adopters. The push to major retail outlets like Kroger, Walgreens, and CVS seem to support that, said Paul Miller from Lokus Nutrition.

Risks remain

The FDA is in the midst of creating guidelines for CBD manufacturers and will likely eliminate some manufacturers currently participating in the CBD boom and open the door to some large scale, mainstream manufacturers. The details of the FDA regulations will inform the specifics of how large the OTC piece of the CBD pie becomes. 

“We’ve seen major chain retailers like CVS, Walgreens, and Whole Foods start to include CBD in their product mixes. The larger the entity, the more likely they are to stick with topical products until the FDA provides clarity,” said Kate Heckman from Stratos CBD.

When it comes to CBD oils, presently only 10% of demand is being filled by present growers, the industry has increased by 200% from 2017 to 2018, about 618 million in sales last year with projected 22 Billion by 2022.

“A lot of people want to get into this arena. Some of the problems we are working on are Standardization of the industry, Genetic variations, for patents and Lab Certification. It is the wild west, with little or no standard dosages or diagnosis for the public to rely on,” said John Sation, Clinic Director, and research Coordinator from Hair & Scalp Clinics.

The recent FDA warning letter to Curaleaf on July 26 serves as a wake-up call to the industry about statements in marketing or social media that imply that these products can be used to treat medical conditions. 

“It’s in the best interest of the industry to be careful and conservative with any label claims being made. With the passing of the 2018 Farm Bill, each state department of agriculture must submit a state management plan to the USDA outlining how various aspects of hemp cultivation and processing will be managed within their jurisdiction,” said Dr. Sean Callan, CEO of Precision Botanical.

While the opportunity is real, risks remain. According to David Gross from Strategic Value Partners, players in the space should tread carefully as the regulatory framework is currently only taking shape. 

“Don’t be first here. By all indications, the FDA appears poised to take aggressive and decisive action, as evidenced by the Curaleaf warning letter, against companies who manufacture, distribute, and retail CBD products. Moreover, the Drug Enforcement Agency (DEA), Department of Agriculture, and financial regulators (i.e., FDIC, OOC, and Federal Reserve) remain unknowns. In the near-term, any benefit you might receive from being first is far outweighed by the business and reputational risk of a potential FDA action or a multi-state federal raid at your warehouses.”

Source: https://www.forbes.com/sites/dennismitzner/2019/08/06/retailers-see-promise-in-cbd-and-hemp-products/#3e264909411f

HPQ-Silicon Resources $HPQ.ca – World’s largest fund manager lost $90bn investing in fossil fuel companies $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 9:00 PM on Tuesday, August 6th, 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

World’s largest fund manager lost $90bn investing in fossil fuel companies

  • BlackRock’s multibillion-dollar investments in the world’s largest oil companies – including ExxonMobil, Chevron, Shell, and BP – were responsible for the bulk of these losses
  • The report, from the Institute for Energy Economics and Financial Analysis (IEEFA), found that BlackRock has eroded the value of its $6.5 trillion funds by betting on oil companies that were falling in value and by missing out on growth in clean energy investments.

By Editorial Staff

BlackRock, the world’s largest fund manager with $6.5 trillion of assets under management – bigger in value than the world’s third-largest economy (Japan) – continues to ignore the serious financial risks of putting money into fossil fuel-dependent companies, a new report has found.

The report, from the Institute for Energy Economics and Financial Analysis (IEEFA), found that BlackRock has eroded the value of its $6.5 trillion funds by betting on oil companies that were falling in value and by missing out on growth in clean energy investments.

BlackRock’s investments lost investors an estimated $90 billion over the past decade “due largely to ignoring global climate risk,” the report said.

The report also found that BlackRock’s multibillion-dollar investments in the world’s largest oil companies – including ExxonMobil, Chevron, Shell, and BP – were responsible for the bulk of these losses.

The report added that BlackRock should reduce the influence of those with connections to the fossil fuel industry on its board, a recommendation the investment giant continues to ignore.

Tim Buckley, IEEFA Director of Energy Finance Studies and co-author of the report says due to its enormous size, BlackRock should demonstrate stronger leadership.

“If the world’s largest investor makes it clear the rules have changed, then other globally significant investors like Fidelity, Vanguard and Japan’s sovereign wealth fund will rapidly replicate and reinforce these moves, reducing stranded asset risks for all,” he said.

In its defense, via a statement to UK’s Guardian newspaper, BlackRock said they give clients the option of investing in environmentally and socially responsible funds and that these funds, make up 0.8 percent of its entire portfolio.

“BlackRock should be given some credit,” says Derick Lila, Managing Director at pvbuzz.com. “I believe the company is making strides in diversifying its portfolio – and a notable example is the company’s recent push towards distributed solar and storage.”

Only last month, BlackRock aquired a majority stake in GE’s solar business, giving the investment giant footing in a growing market that offers solar and storage solutions to the commercial, industrial and public sectors.

“While the company’s investments in clean energy isn’t as impressive as some of us in the business would like, we also have to understand they are Fund Managers,” Derick Added.

Source: https://pvbuzz.com/worlds-largest-fund-manager-lost-90bn-investing-in-fossil-fuel/

Esports Entertainment Group $GMBL – Shanghai sets the standards for building #Esports arenas $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 3:38 PM on Tuesday, August 6th, 2019
SPONSOR: Esports Entertainment $GMBL Esports audience is 350M, growing to 590M, Esports wagering is projected at $23 BILLION by 2020. The company has launched VIE.gg esports betting platform and has accelerated affiliate marketing agreements with 190 Esports teams. Click here for more information
GMBL: OTCQB

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Shanghai sets the standards for building esports arenas

Xing YiChina Daily/Asia News Network Aug 06, 2019

  • Shanghai has taken another stride toward building itself into a global esports centre, as it announced standards for the construction and operation of esports venues during the China Digital Entertainment Expo and Conference which ended on Monday.
  • “The esports sector has been growing quickly in the past few years, but there is a lack of top design. The guidelines can boost industry growth in a healthy manner,” Yu Xiufen, director of the bureau, was quoted as saying by Xinmin Evening News.

Published by the municipal culture and tourism bureau, the standards for esports venues specify the construction requirements in areas such as stage lighting and telecommunication networks and set the service standards for operating such venues.

“The esports sector has been growing quickly in the past few years, but there is a lack of top design. The guidelines can boost industry growth in a healthy manner,” Yu Xiufen, director of the bureau, was quoted as saying by Xinmin Evening News.

The criteria for esports venues have four categories, from A to D.With a construction area of more than 50,000 square meters, class-A venues can host the highest level esports competitions, while class-D venues must have a 500-square meter construction area, and will be used to hold qualification trials.

One of the most important upcoming esports events in the city is The International 2019, an annual tournament for the popular multiplayer online battle arena game Dota 2, which will be held in the Mercedes-Benz Arena, a class-A venue, from Aug 16 to 25.

It will be the first time for China to host one of the most-watched esports events in the world. Its crowdfunded prize pool reached a record of more than $30 million (S$41.5 million) in July and is still growing.

According to Perfect World Zhengqi, a subsidiary of Perfect World Co Ltd and the operator of the game in China, the event’s 26,804 tickets were sold out in just 53 seconds in May.

“We have organised many esports events in Shanghai before, so we know the venues here are excellent and the viewers are very active,” said Xiao Hong, CEO of the company. “Shanghai has the best environment for esports in the country – both in facilities and government policies, and we’d like to co-operate with the government to build mature industrial chains in the future.”

Wang Yong, deputy secretary-general of Shanghai Esports Association, said the development of esports includes not only hosting tournaments, but also esports training, performance and public experience, which requires a number of esports venues of different sizes and functions.

Many shopping malls are interested in building esports venues, and these standards will help them find the right partners, Wang added.

A report published by gaming industry analyst company Gamma Data estimated that esports market revenue in Shanghai reached 14.6 billion yuan (S$2.9 billion) in 2018, accounting for 19 per cent of the national total.

Source: https://www.asiaone.com/digital/shanghai-sets-standards-building-esports-arenas

BetterU Education Corp. $BTRU.ca – Why the Indian Education #edtech Industry Will be a Goldmine For Investors in the Coming Years? $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:40 AM on Tuesday, August 6th, 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

Why the Indian Education Industry Will be a Goldmine For Investors in the Coming Years?

  • A land of over 1.3 billion people, out of which about half are less than 20 years old- this could be the goldmine for the education industry.
  • According to a study by India Brand Equity Foundation (IBEF), India’s education sector clocked a whopping US$ 91.7 billion in revenues in FY18 according.

Sarvesh Shrivastava

Founder and Managing Director, Eupheus Learning

The study had further projected the industry to reach US$ 101.1 billion in FY19. While the scale of opportunity already gets enough share of voice, below are some qualitative reasons working in favour of the education industry (and investors): - 

Untapped Treasure Chests

In 2016-17, the country’s Gross Enrolment Ratio or GER in higher education was about 25.2per cent, as per the latest available data under the All India Higher Education Survey (AIHES) launched by Union Human Resource Development (HRD). The number is much lower than 43.93per cent in China and 85.8per cent in the USA during the same period. The scenario is not much different for primary and secondary levels. The opportunity is to bridge this gap by providing affordable and accessible education solutions for all segments.  

Technology is the ‘Change agent’ 

Digitaldisruption in India is still in its early days. However, we have already seen how it changes the way businesses, people, and society works. Education space is not untouched from this wave. Affordable internet access, rising smartphone penetration, and awareness about usage have set the right platform for building and catering digital solutions for education. Recorded classroom videos live-streamed sessions, e-books, online tests, and artificial intelligence-powered learning modules which could adjust to the pace and learning of an individual, all of these have made education experiential. Add to that, the entry of Internet of Things (IoT) will enable many more connected devices to be used for learning and development tools. Rising disposable income and time shortage inspires parents to invest in edtech solutions which can be customized to the needs of their wards and help their classroom studies. These solutions have also simplified distance learning, reaching to millions of those who do not have access to full-time classrooms or can not afford to do so. 

Favourable Policy Regime

In the last 5-6 years, the policy regime in India has supported both, start-ups and education sector, hence making it a perfect time to take a plunge into the education business. Start-up India initiative by the Government of India has done miracles by single-window clearance, affordable funding, and easy compliance norms for start-ups. On the education front, campaigns like UDAAN (by CBSE), PRAGATI (by AICTE) to address the gender gap and Skill India (by the Ministry of HRD) to promote vocational education are reaching out to millions of students in schools and colleges. The policies are also encouraging industry-academic partnerships to make education more relevant to the economy. Therefore, the innovative educational solutions which cater to this objective will find immediate takers in the market.      

According to the World Development Report 2019, the focus for India going forth is to build a strong base for quality education and scale up the employability of the human capital. While traditional teaching systems will continue to exist, the new age edtech solutions are already being accepted by many parents and students. These solutions are making education more relevant, experiential, and adaptable. The scenario proves that India is a land of opportunities for investors in the education sector. The need is to pick companies which have unique solutions, new business models, and a rebellious approach.

Source: https://www.entrepreneur.com/article/337753

Tartisan #Nickel $TN.ca – There’s One Metal Worrying #Tesla $TSLA and #EV Battery Suppliers #Nickel $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 10:05 AM on Tuesday, August 6th, 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

Tc logo in black
TN: CSE
Fact Sheet
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There’s One Metal Worrying Tesla and EV Battery Suppliers

  • Nickel is now the focus of supply concerns: Independence CEO
  • Demand for high-purity metal seen outstripping supply by 2025

By David Stringer

Battery producers and electric automakers, including Tesla Inc., are concerned over longer-term supplies of nickel, a key material in their supply chain that’s forecast to fall into deficit, according to an Australian miner that’s held recent talks with the sector.

The need for the high-purity material used in batteries, known as class-one nickel, is likely to outstrip supply within five years, fueled mainly by rising consumption in the EV industry, according to BloombergNEF.

It’s a concern shared by Tesla, according to Peter Bradford, chief executive officer of nickel producer Independence Group NL, who last week met with a member of the car producer’s battery metals supply chain team.

“They are getting ready to have the new factory in China, and are at full capacity in North America,’’ Bradford said. “They recognize the biggest risk from a strategic supply point of view is nickel.’’

There’s been a lack of sufficient investment in new mines for materials including nickel, a factor that could spur prices as battery sector demand builds, Tesla’s global supply manager of battery metals Sarah Maryssael, told a Washington meeting in May. Tesla didn’t immediately respond to a request for comment on its outlook for nickel and other metals.

Demand for nickel from lithium-ion batteries is forecast to surge about 16 times to 1.8 million tons of contained metal by 2030, BNEF said in a July report. Batteries will account for more than half of demand for class one nickel by that date, shifting a market that’s currently focused on stainless steel.

Perth-based Independence last year increased nickel output from its Nova mine in Western Australia by about a quarter and is spending as much as A$75 million ($51 million) on exploration in an effort to extend the asset’s life and find new deposits.

Nickel in London has jumped more than a third in 2019 and last month touched the highest in more than a year. Future battery demand will add further pressure on prices, according to Bradford, who is awaiting delivery this month of his own Tesla Model S.

“The dramatic price rise we’ve seen will pale into insignificance compared to the future,’’ Bradford said in the Friday phone interview.

Japan’s Sumitomo Metal Mining Co., said in June the nickel market faces a deficit of 51,000 tons in 2019, raising an earlier forecast. Last month, First Quantum Minerals Ltd. confirmed it’ll reopen the Ravensthorpe mine in Western Australia –- shuttered since 2017 — in the first quarter of 2020 amid the strength of interest from potential nickel and cobalt customers.

Western Areas Ltd. recently visited China’s Contemporary Amperex Technology Co. Ltd., a leading battery maker, and is winning interest from the EV sector for nickel supply contracts, the Perth-based producer said Monday in a presentation. Contracts with BHP Group and Tsingshan Holding Group Co. are scheduled to expire in January.

Meetings with companies in the EV supply chain in China and South Korea in the past month, including battery suppliers and producers of key raw materials and chemicals, had also underscored the industry’s concerns about supply, Bradford said.

“The big question everyone will be asking in a year’s time is where does the nickel come from to satisfy the demands for nickel in stainless steel, as well as the increasing demand for nickel into electric vehicle batteries?’’ he said. (Adds Western Areas’ comment in 11th paragraph.)  

Source: https://www.bloomberg.com/news/articles/2019-08-05/there-s-one-metal-worrying-tesla-and-the-ev-battery-supply-chain