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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

Enthusiast Gaming $EGLX.ca Chosen as Marketing Partner to Canada’s First #Esports Index, Evolve “Hero” ETF $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 8:41 AM on Tuesday, August 6th, 2019
EGLX:TSX-V
  • Enthusiast will promote Evolve’s “HERO” ETF across its network of gaming websites and YouTube channels 
  • Evolve ETF to be featured as premium sponsor of Gaming Industry Summit at EGLX 2019 
  • Evolve ETF will be exclusive ETF sponsor of GamingStreet.com, Enthusiast’s site dedicated to gaming investment news

TORONTO, Aug. 06, 2019 — Enthusiast Gaming Holdings Inc. (TSXV: EGLX)(OTCQB: EGHIF), (“Enthusiast” or the “Company”), one of the largest vertically integrated video gaming media companies in North America, is excited to announce that it has entered into a marketing agreement (the “Agreement”) with Evolve ETF (“Evolve”) to provide marketing strategy and consultation, integrated advertising, and content solutions across Enthusiast’s online network and events to promote Evolve’s HERO esports index. 

HERO is Canada’s first esports ETF and is designed to provide investors with access to equity securities of companies in the video game industry. The HERO Index aims to capture the performance of the Solactive gaming and esports Index. The passive fund incorporates global securities with exposure to the video game and esports markets.

Under the Agreement, Enthusiast will launch a year-long advertising campaign for Evolve across its Canadian inventory of digital advertising solutions on its network of websites. In addition, Enthusiast will create advertising editorials and content through its newest website, GamingStreet.com, which was launched to inform and educate investors about the video gaming industry.  Evolve will also be the premium sponsor at the Gaming Industry Summit, which will be held on the opening day of Enthusiast Gaming Live Expo (EGLX) in October 2019.  Further details on the Gaming Industry Summit will be announced shortly. 

“As the provider of Canada’s first eGaming ETF, we are pleased to launch this partnership with the largest publicly traded video game media and esports company in North America,” said Evolve ETFs President and CEO, Raj Lala. “Enthusiast Gaming’s many offerings to this growing sector further legitimizes the global community surrounding eGaming. With eGaming revenue projected to exceed $152 billion in 2019, this partnership signifies an opportunity to serve a rapidly expanding consumer base as well as Canadian investors.”

Menashe Kestenbaum, Founder and CEO of Enthusiast Gaming commented, “We’re proud to be chosen as the marketing partner to Evolve ETF. This demonstrates Enthusiast Gaming’s continued authority and reach in gaming media along with the impact that our network distribution and events can provide to companies and brands that need wide exposure to this demographic.  With the gaming industry’s rapid rise and the emergence of investment opportunities, it is exciting to be at the forefront in providing creative advertising solutions.” He continued, “We look forward to the success of HERO and taking part in the continued growth and success of the gaming industry.” 

About Enthusiast Gaming

Founded in 2014, Enthusiast Gaming is one of the largest vertically integrated video game companies and has the fastest-growing online community of video gamers. Through the Company’s organic and acquisition strategy, it has amassed a platform of over 150 million monthly visitors across its network of websites and YouTube channels. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com.

About Evolve Funds Group Inc.

With assets under management of over $485 million, Evolve is Canada’s fastest growing ETF provider since launching its first suite of ETFs on September 20, 2017.  As a leader in thematic ETFs, Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve’s suite of ETFs provide investors with access to: (i) long term investment themes; (ii) index-based income strategies; and (iii) some of the world’s leading investment managers.  Established by a team of industry veterans with a proven track record of success, we create investment products that make a difference.  For more information, please visit www.evolveetfs.com.

CONTACT INFORMATION:

Investor Relations: 
Julia Becker
Head of Investor Relations & Marketing
[email protected]
(604) 785.0850 

This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that Enthusiast anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Such information may involve, but is not limited to, comments with respect to strategies, expectations, planned operations and future actions of the Company. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Enthusiast to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to Enthusiast, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures. Any and all forward-looking information contained in this press release is expressly qualified by this cautionary statement. Trading in the securities of the Company should be considered highly speculative.

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.

The securities of the Corporation have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.  

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Bougainville Ventures Inc. $BOG.ca Signs LOI to enter in to Funding and Asset Purchase Agreement up to 39% with Thrive Nutrition Products Ltd. $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 8:35 AM on Tuesday, August 6th, 2019
BOG:TSX-V
  • Announced that it has signed a letter of intent (LOI) to provide funding and to acquire up to 39% of the assets and inventory of Thrive Nutrition Products Ltd. (Thrive Wellness)
  • Thrive Wellness is a preeminent distributor of hemp & cannabinoid-focused natural health products under the “THRIVE WELLNESS” brand.
  • Thrive has achieved $2,500,000 CND in sales through retail distribution, it’s e-commerce website and their relationship with Nutrition House, Canada’s leading Natural Health Product franchise

VANCOUVER, British Columbia, Aug. 06, 2019 — BOUGAINVILLE VENTURES INC. (CSE: BOG) (FRA: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (“Bougainville” or the “Company”) is pleased to announce that it has signed a letter of intent (LOI) to provide funding and to acquire up to 39% of the assets and inventory of Thrive Nutrition Products Ltd. (Thrive Wellness). Thrive Wellness is a preeminent distributor of hemp & cannabinoid-focused natural health products under the “THRIVE WELLNESS” brand. The final evaluation will be determined by an independent third party evaluator, which is currently in progress. The Company will acquire up to 39% of Thrive Wellness assets and current inventory. The consideration is to be payable in such number of common shares in its share capital (“Consideration Shares”) at a per share price equal to the volume weighted average price of such shares on the Canadian Securities Exchange over a 15-day period ending on the day such Consideration Shares are required to be issued (“15 day VWAP”).

Thrive Wellness is a distributor of premium hemp and natural health products with operations currently in Canada and the USA. Thrive specializes in the development, marketing and distribution of cannabinoid products refined into their own natural health product brand. The company was founded in Vancouver, British Columbia and is the first of its kind with national retail distribution in Canada. Thrive has achieved $2,500,000 CND in sales through retail distribution, its’ e-commerce website and their relationship with Nutrition House, Canada’s leading Natural Health Product franchise. Founded in 1979 the company began franchising in 1993 and now operates over 45 retail stores, located in high profile shopping centers across Canada, and in the USA. www.nutritionhouse.com

“We are honored to supply our retail partners with premium Hemp products,” says Andy Dhaliwal, President of Thrive Wellness. “Our commitment to quality, transparency, and wellness will ensure customers receive the best products available. We look forward to working with Bougainville to bring high quality, innovative Hemp products to US and International markets.”

Bank of America projects a spend of $1.3 Billion on CBD in Canada by 2022, while $1.9 Billion is being spent in the USA currently, and another $4.4 Billion in Europe this year. Demand for CBD and Hemp is increasing year over year, with Merrill Lynch predicting an $11.5 Billion American market by 2032.

Andy Jagpal, President Comments:

“This LOI is a first step in Bougainville and Thrive’s vision to lead the sector in this global opportunity The Thrive Wellness brand and Mr. Dhaliwal bring the sales & distribution experience and contacts needed to succeed in this fledgling natural health & CBD market.”

About Thrive Nutrition Products Ltd.

Thrive Wellness is a preeminent distributor of premium hemp & natural health products with a global distribution footprint. A trusted brand of wellness products with mind share as well as market share, Thrive has driven value with their pioneering expertise in the emerging CBD market.

About Bougainville Ventures, Inc.
Bougainville Ventures Inc. is dedicated to rapid growth in production, processing, retail and branding of cannabis and cannabis related products. Currently the company provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate properties. We offer fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. Also, the Company is focused on building a strong presence in the hemp industry with the objective of extracting cannabinoids in both Canada and the United States. Along with our flagship Hemp project in Oregon State and the Greenhouse campus in Washington state, the Company has proprietary formulas for cannabis edibles, topical, and tinctures.

On behalf of the Board of Directors
BOUGAINVILLE VENTURES INC.

Andy Jagpal, President and Director

For further information, please contact Andy Jagpal at [email protected]. Please note that our Toll free number has changed to 1-877-517-7816.

http://bougainvilleinc.com/
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FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

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Tartisan #Nickel $TN.ca – BHP confident nickel will surf EV wave better than lithium $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 9:00 PM on Sunday, August 4th, 2019

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

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Fact Sheet
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BHP confident nickel will surf EV wave better than lithium

  • BHP is optimistic about the decision to keep its Nickel West division and lean into the commodity to get a slice of the impending battery boom.
  • Speaking at the company’s nickel refinery in Kwinana on Friday Nickel West asset president Eddy Haegel said the company reviewed battery materials such as lithium and cobalt but they weren’t as attractive as nickel.
By Hamish Hastie

BHP Nickel West assett president Eddy Haegel.Credit:Hamish Hastie

“I think it would come as no great surprise that we didn’t think that

was attractive … because 70 per cent of it comes out of Democratic Republic of Congo and we’re not in a hurry to go and invest into DRC,” he said.

“In the case of lithium, there’s a lot of lithium in the world, it’s a very widely available mineral. Advertisement

“There will be periods of time when supply and demand don’t naturally match but we anticipate that there will be no sustainable premium in the lithium sector.

“Whereas we think that’s not the case with nickel.

“We think that in the medium to longer term that there will be a margin that will be sticky for nickel, so we think that’s an attractive commodity.”

The sale or shutdown of Nickel West has been on the cards for nearly a decade but in May its future seemed secure within BHP after chief executive Andrew Mackenzie indicated it was a valuable asset with high growth potential.

In 2015 none of Nickel West’s product went to the battery sector, now those customers gobble up 80 per cent of its output.

Nickel West is hedging its success on nickel sulphate, a crystalised version of nickel favoured by battery makers.

It is currently building a 100,000 tonnes per annum nickel sulphate plant in Kwinana, when it starts production next year it will be one of the biggest in the world.

The new nickel sulphate plant.Credit:Hamish Hastie

The original cost of the plant was $62 million but Mr Haegel confirmed it was tracking above that.

He would not reveal how much the plant will cost now.

Nickel West is a major partner of the $135 million battery materials research centre based in Perth.

Mr Haegal said they would probably provide nickel sulphate to researchers for free so they can test how capable Australia is of making high value battery prescursor materials.

“We’re really excited about the work that will get conducted in that space,” he said.

Source: https://www.smh.com.au/business/companies/bhp-confident-nickel-will-surf-ev-wave-better-than-lithium-20190802-p52dem.html

Esports Entertainment Group $GMBL – Attitude toward #Esports does 180 at #XGames $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 11:26 AM on Friday, August 2nd, 2019
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GMBL: OTCQB

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Attitude toward esports does 180 at X Games

  • Gaming has become more mainstream and is currently at the forefront of public discussion due to the $30 million prize pool — one of the largest prize pools ever at an esports event — offered at the Fortnite World Cup Finals last weekend.
  • The winner, Kyle “Bugha” Giersdorf, took home $3 million as the solos champion.

Emily Rand

Wade was a competitor and silver medalist in BMX Freestyle Big Air in 2014.

Eight teams competed in Call of Duty: Ghosts in the MLG X Games Invitational in Austin, Texas. OpTic Gaming, then made up of Matt “Nadeshot” Haag, Seth “Scump” Abner, James “Clayster” Eubanks and Jordan “ProoFy” Cannon, became official X Games medalists.

The reaction against esports athletes receiving the same medals that the action sports athletes were getting was instant and vocal. At the crux of the issue was the fact that gamers didn’t put their physical bodies on the line in the same way as action sports competitors.

“I can see both sides,” Wade said. “I wasn’t particularly bothered by it, but from one point of view, the X Games are really physical sports in general, and gaming isn’t really physical. It’s very difficult, I’m not taking away from that, but the physical aspect of it, we do stuff with our bodies, we show our talents physically with what we can actually do. Whereas gaming is on the other end of the spectrum. The other side of that coin is that the gaming industry brought in a lot of sponsor revenue to keep all of us alive, so I’m not hating on it. Gotta keep the games flowing.”

A lot has changed since 2014.

“Honestly, the attitude shift I’ve seen is that no one talks about it,” Wade said. “When it first came out it was like, ‘What is this? It’s not even an action sport.’ Now it’s just kind of old news. It’s cool that there’s a spot for those guys. Everyone deserves to excel in what they love.”

Gaming has become more mainstream and is currently at the forefront of public discussion due to the $30 million prize pool — one of the largest prize pools ever at an esports event — offered at the Fortnite World Cup Finals last weekend. The winner, Kyle “Bugha” Giersdorf, took home $3 million as the solos champion.

The World Cup even made its way into an X Games Minneapolis news conference this week, when the EXP Apex Legends Invitational was introduced, with skateboarder Jagger Eaton asking if the event was a Fortnite tournament.

“Sports has always been the backbone of what we do,” said Tim Reed, vice president of X Games. “But the focus is on trying to remain relevant to youth culture and what kids are into so that people who show up at the X Games get a sense of what’s important to kids and important to young people in the world. So what we’ve just tried to do from the X Games perspective is make sure that we can bring in those elements that are also relevant.

“This year we’re doing more gaming. They’re getting different medals because last time we made that decision it was, uh,” Reed paused and laughed. “One that wasn’t very well-liked, so we made some adjustments, but we’re excited to bring those in.”

BMX rider Ryan Williams joked, “I’ll see how this X Games goes, and if I don’t do too well I think I’m going to start gaming.”

“I’ll carry you, I’ll carry you,” BMX rider Kyle Baldock replied.

“What’s the rule with that because I’m down to win some money if we’re going to do this,” Eaton said. “I’m down to play Apex. Let me know.”

“When we did it in, I think our first one was 2014, just the reaction was totally different,” Reed said. “There’s more athletes that play games than there was back then. You guys should hop in and try it out.”

“I’m gonna,” skateboarder Nicole Hause said. “Let’s go.”

Hause, a Minneapolis native, turned to video games while recovering from an injury that kept her from skating.

“I’ve been pretty shy about it,” Hause said. “I don’t usually talk about it that much, but at the same time, I don’t really care if anyone knows. It’s not something a lot of people would guess I do in my free time, but I do. A lot.”

Hause enjoys Battle Royale games, including Apex Legends, describing it as a mix of Halo and Call of Duty, but with a Battle Royale component.

“I like the Battle Royale gameplay style a lot,” Hause said. “I like Apex, but everyone wants to play Fortnite, and you need three people to play Apex,” Hause said. “I like both of them a lot, but I play Fortnite the most. In the past I played a lot of Call of Duty. A lot of Call of Duty.”

As for whether esports belong at the X Games, Hause thought it fit since so many X Games athletes play video games casually. In a way, video games have become a low-impact sport that traditional athletes can play in their offseason without serious injury risk.

“I think it’s cool because a lot of the action sports people play video games,” Hause said. “Especially nowadays. Most of the dudes in the park that I know play Fortnite — everybody plays video games now, NFL players — it’s like a sport we do in our off time. When we’re resting or it’s just a rainy day or whatever, you’re not practicing, it’s something everyone does whether they want to admit it or not.”

ThreeD Capital Inc. $IDK.ca – #Bitcoin Suddenly Back Above $10,000 As #Crypto Markets Gain Billions $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:45 AM on Friday, August 2nd, 2019

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Bitcoin Suddenly Back Above $10,000 As Crypto Markets Gain Billions

By:Billy Bambrough Contributor

The bitcoin price is up 10% over the last three days, with traders and investors pointing to the U.S. Federal Reserve’s first rate cut in bitcoin’s ten-year history as one of the prime catalysts for the sudden recovery.

Bitcoin had been trading under the psychological $10,000 mark since the end of last week but the bitcoin price has now bounced back. Getty Images

On Wednesday, the U.S. Federal Reserve cut interest rates for the first time in more than a decade and signaled its readiness to provide more support as growth slows in the world’s largest economy.

The bitcoin price climbed to highs of $10,500 on the Luxembourg-based Bitstamp exchange last night, while the wider bitcoin and cryptocurrency market has added around $10 billion to its overall value over the last few days.

“Given the connection that crypto influencers have been making between economic stimulus and crypto lately, we will probably see a much swifter reaction in bitcoin’s price than we usually do,” Mati Greenspan, senior market analyst at brokerage eToro, wrote in a note clients.

“We can see that bitcoin did have a nice run-up the entire morning ahead of the [Fed’s decision]. At the exact time of the cut, there was a notable step down, which was quite in line with what happened in the stock market.”

Just after the Fed revealed it was to reduce the cost of borrowing, bitcoin investors learned supplies of the digital token are almost exhausted, despite new coins still due to come into the market for the next 120 years.

Bitcoin now has 85% of its supply in circulation as of August 1, leaving just 3.15 million to be mined, according to data from monitoring resource Blockchain.

The bitcoin price fell sharply at the end of last week, sparking fears the latest bitcoin bull run could be over. CoinDesk

Meanwhile, the markets were further emboldened by news Jack Dorsey’s payments company Square revealed it made $125 million in bitcoin sales through its Cash App, nearly doubling a record first quarter.

“During the quarter, bitcoin revenue benefited from increased volume as a result of the increase in the price of bitcoin, and generated $2 million of gross profit,” the company wrote in its second quarter earnings report.

Elsewhere, the chief executive of Intercontinental Exchange (ICE), the parent company of the closely-watched bitcoin futures platform Bakkt, yesterday said the bitcoin and cryptocurrency platform will be launching soon, without fixing a firm date.

“Subject to final regulatory approvals, we plan to launch our physically settled bitcoin futures in the very near future,” ICE CEO Jeffrey Sprecher said during a quarterly earnings call.

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Source: https://www.forbes.com/sites/billybambrough/2019/08/02/bitcoin-suddenly-back-above-10000-as-crypto-markets-gain-billions/#57591573bafa