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Harvest Underway At #Marijuana Company Of America’s $MCOA #CBD Hemp Operation In Scio, Oregon $AERO $CBDS $CGRW $APH.ca $GBLX $ACG $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 9:40 AM on Tuesday, October 2nd, 2018

15233 mcoa

  • Harvest has begun at the farm
  • Over the next 10 days the team in Scio will harvest this year’s crop, which consists of approximately 36,000 high yielding CBD hemp plants that were grown in an orchard style cultivation on 33 acres

ESCONDIDO, Calif., Oct. 02, 2018  – MARIJUANA COMPANY OF AMERICA INC. (“MCOA” or the “Company”) (OTC: MCOA), an innovative hemp and cannabis corporation, and its joint venture partner Global Hemp Group Inc. (CSE: GHG/ OTC: GBHPF/ FRANKFURT: GHG) (the “Partners”) are pleased to provide an update on their high yielding CBD hemp project in Scio, Oregon.

Harvest
Harvest has begun at the farm. Over the next 10 days the team in Scio will harvest this year’s crop, which consists of approximately 36,000 high yielding CBD hemp plants that were grown in an orchard style cultivation on 33 acres. The team planted six different cultivars this year to determine which would be the optimal hemp variety to grow in the coming year. The team continues to evaluate hemp cultivars that will provide higher CBD yields and a reduced flowering period, which will allow the team to complete the harvest earlier in the year prior to the fall rains.

Preparation for Extraction
Once the hemp is harvested, it will be dried in preparation for storage prior to processing. Drying this season will take place in the project’s four recently completed greenhouses on the farm and will utilize a traditional hanging method, as well as testing an innovative rack drying system. Prior to next season’s harvest, the Partners will construct a permanent drying facility on site. Once the hemp is dried to a 10-12% moisture content, it can be stored with little or no cannabinoid/plant matter degradation, prior to extraction.

Greenhouses
The team has now completed the setup of the first four of five greenhouses, giving the project 15,000+ sq. ft. of active greenhouse space for its drying and cloning operations. A fifth greenhouse (already purchased) will be installed after the drying of this year’s crop is complete. This will increase the active greenhouse space at the project to over 19,000 sq. ft. An additional 20,000 sq. ft. of greenhouse space will be purchased in October as part of further project expansion, with the vision of implementing a year round perpetual harvest model to enhance revenue generation and cash flow, and increasing the size of the cloning operation to be able to supply clones to the local farming community.

The team has now started its cloning operations for the winter crop, which will utilize the current and future greenhouses. Management is exploring opportunities to maximize production by developing beneficial relationships that will help optimize the Project’s profit potential through R&D, data collection and analysis.

Discussions with local Farmers
With the success of this year’s hemp cultivation on display at the farm, it has attracted the attention of the local community and many local farmers that are interested in growing hemp as hemp generates a far greater Return On Investment per acre than any other crop they are currently growing. The Project’s stated goal has been to use 2018 as an initial commercial trial and then to significantly expand the acreage under cultivation in the coming years. Management is currently in discussions with a number of these local farmers regarding contract farming and share cropping for the project, starting next year.

About Marijuana Company of America, Inc.
MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART™â€, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreations use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop.

About Global Hemp Group Inc.
Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG), is focused on a multi-phased strategy to build a strong presence in the industrial hemp industry in both Canada and the United States. The Company is headquartered in Vancouver, British Columbia, with hemp cultivation operations in New Brunswick and Oregon. The first phase of this strategy is to develop hemp cultivation with the objective of extracting cannabinoids (CBD, CBG, CBN & CBC) and creating a near term revenue stream that will allow the Company to expand and develop successive phases of the strategy. The second phase of the plan will focus on the development of value-added industrial hemp products utilizing the processing of the whole hemp plant, as envisioned in the Company’s Hemp Agro-Industrial Zone (HAIZ) strategy.

Forward Looking Statements
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

For more information, please visit the Company’s websites at:

MarijuanaCompanyofAmerica.com
hempSMART.com
NetworkNewsWires/MCOA

Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]

Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/91c6e0d5-8f9a-4b46-a157-e7d6f6567932
http://www.globenewswire.com/NewsRoom/AttachmentNg/2e31feb6-b422-485b-bef9-7972db707e8c

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$HPQ.ca Subsidiary Beauce #Gold Field Identifies North-Eastern Extension to the Major Fault Line Beneath the Beauce Placer Gold Channel

Posted by AGORACOM-JC at 9:34 AM on Tuesday, October 2nd, 2018

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  • Newly completed geophysical and geological studies along the Rang VI road on HPQ Beauce Gold Fields subsidiary Gold property located in St-Simon-Les-Mines, Quebec has identified a 1.5 km northeastern extension of the previously identified major fault line (May 11, 2017 release) beneath the Beauce placer gold channel
  • Furthermore, the geophysical and geological study along the road has also identified additional exploration targets for gold and base metal sulphide mineralizations.

MONTREAL, Oct. 02, 2018 – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ) (FRANKFURT:UGE) (OTC PINK:URAGF) is pleased to inform shareholders that a newly completed geophysical and geological studies along the Rang VI road on HPQ Beauce Gold Fields subsidiary Gold property located in St-Simon-Les-Mines, Quebec has identified a 1.5 km northeastern extension of the previously identified major fault line (May 11, 2017 release) beneath the Beauce placer gold channel.  Furthermore, the geophysical and geological study along the road has also identified additional exploration targets for gold and base metal sulphide mineralizations.

Patrick Levasseur, President and CEO of HPQ Beauce Gold Field stated, “This is another strong line of evidence that narrows our search to find the hard rock source of the St-Simon-Les-Mines gold placers.”  Mr. Levasseur also stated, “We’re also very excited by the potential for discovery of massive sulphide deposits within the volcanoclastic rocks of the Beauceville Formation.”

MAJOR FAULT LINE UNDER PLACER GOLD CHANNEL, AN INDICATOR OF HARD ROCK SOURCE

The Gilbert River basin (about section 3,200m on Figure 1) is marked by a strong contrast of electrical resistivity values on both sides of the river believed to represent a thrust or shear contact between sedimentary and volcanic rocks. Rocks south of the river are dominantly sedimentary and show the presence of formation conductors present mostly in synformal fold structures while north of the river the rocks are generally volcanic in origin, including volcaniclastic strata, are generally more resistive, and the conductive units narrower and shallower. This discontinuity corresponds also to the position of a linear anomaly of the total magnetic field and its tilt derivative field, which suggests the presence of a magnetic discontinuity related to the presence of a major fault zone, which the Gilbert River follows (Point F3 on Figure 1).

Parallel to the Gilbert river, under 15 to 40 meters of overburden, hosts a placer channel that is a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance (NI 43-101 Beauce Gold Property Report, Violet July 4 2018).

POTENTIAL FOR POLYMETALLIC MASSIVE SULPHIDE MINERALISATION

The survey data shows the presence of several conductors in the rocks from the Beauceville Formation (C3, C5, C6, C7, C8, C9, C10 and C11). Some of these conductors are related to graphitic shales (C3, C6, C7) but other are associated with magnetic anomalies (C8, C9 and C11) and could be exploration targets for massive sulphide mineralization. The rocky outcrops present along the Rang VI Road have also been mapped. Several generations of quartz veins, sometimes associated with sulphides, intersect the rocks of the Beauceville Formation in the northern part of the Rang VI road. These veins testify to hydrothermal processes affecting the sedimentary and volcanic rocks of the area.

In addition to specifying the structural context of the St-Simon-les-Mines gold sector, the geophysical work of 2016 was extended in 2017 to the north-east to document the deep geology of the northern part of the Beauceville Formation.  This area is characterized by a greater proportion of volcanoclastic and volcanic rocks and a geological context similar to that of the Champagne massive sulphide deposit in the St-Magloire area (Bellechasse gold belt).  The audiomagnetotelluric data of the St-Gustave road section suggest the presence of a large conductor (conductor IV) with an estimated thickness of about 50 m and vertical extension in the order of 400 m (Fig. 1). This structure could correspond to a massive polymetallic sulphide mineralization. Additional work is planned to specify the geometry of this conductor.

Audiomagnetotellurics (AMT), Frequency Domain Electromagnetic (FDEM) Surveys

The work, carried out under the supervision of Professor Marc Richer-LaFlèche, Ph.D., P. geo, from INRS-Center Eau Terre et Environnement of Québec conducted a multidisciplinary geophysical and geological study to document the deep geological context of the Magog Group and, more specifically, of the Beauceville Formation (Bellechasse gold belt) under the St-Simon-les-Mines gold placer.

A 5.6 km long Audiomagnetotellurics (AMT) survey (113 stations per 50m) was conducted as well as a Frequency Domain Electromagnetic (FDEM) survey (112 stations) along Rang VI road.

The purpose of this survey was to assess the deep geology of this area and to verify the probable northeasterly extension of deep structures detected during the AMT survey conducted in 2016 on St-Gustave Rang Road (May 11 2017 PR).  The study of the geology and deep geophysics of rocks of the Beauceville Formation in order to improve the structural and metallogenic understanding of the region using AMT and FDEM method is used to locate potential fluid circulation corridors (faults) responsible for the emplacement of orogenic gold mineralization and to detect strong magnetic conductors potentially related to VMS or SEDEX mineralizations.

Marc Richer-LaFlèche PhD, P. Geo, is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical contents of this press release.

Bernard J. Tourillon, Chairman, President and CEO of HPQ Silicon stated, “We are very excited by the confirmation of the extension of the fault line beneath the Placer Channel.  Once listed, Beauce Gold Fields will represent a unique opportunity for HPQ investors to have shares in two dedicated companies focused on building market awareness for their projects, progress, plans and success.”

About Beauce Gold Fields

BGF is a wholly owned subsidiary of HPQ Silicon into which HPQ gold assets were transferred.   Subject to approval by TSX-V, HPQ is in the process of listing BGF as a new public junior gold company, following the approval by shareholders during HPQ AGM held on Aug. 10, 2018, of the proposed terms of the plan of arrangement.

The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s (see HPQ SEDAR-filed report).

A Beauce Gold Fields presentation is available and can be downloaded via the following link. http://www.hpqsilicon.com/wp-content/uploads/2017/07/BGF-Presentation-V-Jul-2017.pdf

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative metallurgical PUREVAPTM “Quartz Reduction Reactors (QRR)” process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the steps required to transform quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. 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.

For further information contact

Bernard J. Tourillon, Chairman, President and CEO HPQ Tel (514) 907-1011
Patrick Levasseur, COO HPQ, President and CEO BGF Tel: (514) 262-9239
www.HPQSilicon.com

Shares outstanding: 222,284,053

Three photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/12f1f29d-dafe-4a80-9313-e98ab7f46ec2

http://www.globenewswire.com/NewsRoom/AttachmentNg/c24db851-7af8-484c-ab1c-ed8c17ac268e

http://www.globenewswire.com/NewsRoom/AttachmentNg/4611ec3e-3918-4e7b-984b-2dcc1a63c771

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The show’s not over for #platinum as car sector shifts gear $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca

Posted by AGORACOM-JC at 2:49 PM on Monday, October 1st, 2018

  • Our key takeaway from the work we have done on the future of the vehicle industry is that the transition of the industry will be evolutionary rather than revolutionary, says the writer.
  • The SA platinum group metal (PGM) industry has been in a near decade-long downturn as demand shocks and a pessimistic outlook pushed prices to what we believe to be unsustainably low levels.

01 October 2018 – 05:03 Nicholas Hops

Unprofitable supply has been slow to reduce due to high barriers to exit. Sentiment towards the sector is incredibly low due to the labour-intensive, deep-level nature of SA’s industry as well as concerns surrounding the long-term demand for PGMs as the European diesel share declines and the world shifts towards electric vehicles.

The negative sentiment is so great that despite a 36% increase in the industry’s rand revenue basket to near record highs, most equity prices continue to trade at distressed levels. Only Amplats has had a positive return over this period.

PGM comprises five precious metals, of which platinum, palladium and rhodium are the most important. These are referred to as 3E metals. The demand side of the 3E market is dominated by catalytic converters for internal combustion engine (ICE) vehicles, making up 70% of global demand. We are optimistic about the market for the following reasons:

• The outlook for global vehicle sales is good, driven by emerging markets.

• We expect 3E demand to grow over the next decade as environmental legislation in China and the rest of the world forces car makers to use more metal in their vehicles.

• We feel these new legislations are being underestimated. In the next five years, China, the largest vehicle market, will have the strictest emissions standards in the world.

The balance of the market is split between jewellery and industrial catalysts with 9% and 21% respectively. We expect this portion of demand to see slight growth over the next decade. The negativity on the demand side has been driven by the outlook for European diesel sales as well as the rise of battery electric vehicles (BEVs). While the outlook for European diesel is negative, it is important to note that it is only 12% of 3E demand and we do expect this to decline.

We believe in the long-term prospects of BEVs but are cognisant of the challenges facing the technology. Our key takeaway from the work we have done on the future of the vehicle industry is that the transition of the industry will be evolutionary rather than revolutionary.

Importantly, we see a period of mass hybridisation over the next decade before BEVs start to become more affordable for the mass market. We anticipate a shift towards a portfolio of technologies including BEVs, a variety of hybrids as well as fuel cell vehicles. As investors in the PGM sector, our biggest worry is BEV adoption, as these have no PGMs in the vehicle at all. In our forecasts out to 2030, we expect BEVs to make up 19% of global light-duty vehicle sales, up from 1% today. We expect the traditional ICE as we know it to decline from 96% today to 28%.

Currently, petrol vehicles predominantly use palladium in the converter, instead of platinum. Palladium is in material deficit and now trades at a $180/oz premium to platinum, where it historically traded at large discounts. We have gathered that platinum is a superior metal for catalysis and that a growing price differential will swing the original equipment manufacturers back towards platinum in future.

Many look at the platinum surplus and declare the metal is doomed. Our view is, given their fungibility, platinum and palladium must be considered together. Looked at this way, the market is in a growing deficit. Out of the 3E metals, platinum is most important for SA producers as it is makes up 60% of the ounces extracted.

Large reductions

We see 3E demand increasing 11% by 2030, where market rhetoric seems set on declining demand. Beyond 2030, we see large reductions in SA supply as many mines come to the end of their economic lives.

Coupling our supply and demand expectations gives us an average market deficit of 500,000oz, or 2.6% of annual demand each year, over the next 12 years. These deficits are substantially more pronounced in the near term and we expect prices to react strongly over this timeframe. We have excluded potential investment demand from these balances, which may prove conservative.

Negativity towards the industry also stems from the deep-level, high-cost nature of the majority of the SA mines. We have mitigated this through the selection of the highest-quality players in the sector, Northam and Amplats.

Northam is a medium-size producer with two producing mines, run by an entrepreneurial management team that has taken advantage of the downturn in the industry by making smart acquisitions.

Production growth from its Booysendal mine over the next five years will help the group double production. Booysendal is the key asset in Northam’s portfolio, and while it is underground, it is shallow, capital-light and mechanised — meaning a smaller labour component. Northam is well-positioned to generate cash flows and at these metal prices should trade on a nine times price-earnings (9xPE) ratio in the 2019 year.

Amplats is the largest producer of PGMs and has undergone a remarkable portfolio transition in the last five years. Shedding itself of high-cost, deep underground mines and focusing on the key Mogalakwena asset has allowed Amplats to pay the first dividend in the sector since 2013.

Mogalakwena is a unique asset as it is an open pit, which means it comes with less operational complexity and standout margins. It has material expansion capability over the next decade and we believe management will pursue this. Amplats has several options to expand the size of the portfolio over the next decade with high-quality, low-labour ounces. At today’s spot prices, Amplats trades on an 11xPE for the 2019 year.

The sentiment surrounding PGMs has left the sector’s equity prices lagging recent improvements in the basket price. Thanks to their high-quality operations, both Northam and Amplats can generate material cash flows in today’s price environment and we believe equities are yet to reflect this.

• Hops is an equity analyst for Coronation Fund Managers.

Source: https://www.businesslive.co.za/bd/opinion/2018-10-01-the-shows-not-over-for-platinum-as-car-sector-shifts-gear/

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ThreeD Capital $IDK.ca Announces New Vice President of Investments $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:11 AM on Monday, October 1st, 2018

Threed capital

  • Announced today the addition of Jordan Black, as Vice President, Investments.
  • Mr. Black is a Professional Engineer, with over 8 years’ experience as a consulting engineer
  • He is experienced in global financial markets and a successful equity, commodity, derivatives and cryptocurrency trader

TORONTO, Oct. 01, 2018 — ThreeD Capital Inc. (the “Company”) (CSE:IDK), a Canadian-based venture capital firm focused on investments in promising, early stage companies and ICOs with disruptive capabilities, is pleased to announce today the addition of Jordan Black, as Vice President, Investments.

Mr. Black is a Professional Engineer, with over 8 years’ experience as a consulting engineer.   He is experienced in global financial markets and a successful equity, commodity, derivatives and cryptocurrency trader. He is currently working with several early stage and mature blockchain companies.  Currently, Mr. Black is a business development manager at Metalyfe.com, providing business development and leadership skills to help scale the Metalyfe browser into the next internet paradigm shift. Mr. Black also consults with industrial scale cryptocurrency mining firms where he provides operational support.

Previously, at the consulting firm Tulloch Engineering, Mr. Black started the Geotechnical Engineering Division, where he provided design solutions, project management and supported the business development in renewable energy, infrastructure, and mining division.

Along with his appointment, pursuant to the Company’s stock option plan and subject to Canadian Stock Exchange approval, the Board has granted 200,000 stock options to Mr. Black, exercisable at $0.10 per share for a term of up to five years.  The options will vest quarterly over a period of 18 months.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence and Blockchain sectors.  ThreeD seeks to invest in early stage, promising companies and ICOs where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s ecosystem.

For further information: Gerry Feldman, CPA, CA Chief Financial Officer and Corporate Secretary
[email protected] Phone: 416-941-8900 ext 106

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CLIENT FEATURE: Bougainville Ventures $BOG.ca a Turnkey Greenhouse Growing Infrastructure Provider $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 11:08 AM on Friday, September 28th, 2018

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WHY BOUGAINVILLE?

  • Converting irrigated farmland to greenhouse-equipped farmland
  • Bougainville does not “touch the plant” by only providing agricultural infrastructure as a landlord for licensed marijuana growers
  • First 10,000 square feet (of 30,000 sqf) greenhouse space has been completed
  • Ready for occupancy
  • Facility projected to produce in excess of 12,000 lbs. of high quality cannabis per annum upon completion of all greenhouses
  • JV Agreement with Marijuana Company of America (MCOA:OTC)
  • MCOA investment of $1M

Early estimates show a greenhouse can produce twice the amount of product and at least less than 50% of the cost compared to warehouse production.

FULL DISCLOSURE: Bougainville Ventures is an advertising client of AGORA Internet Relations Corp.

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#Cannabis-laced drinks could be a US$600m market in US by 2022 $NBUD.ca $TAP $WEED.ca $KO

Posted by AGORACOM-JC at 10:18 AM on Friday, September 28th, 2018
  • Beverages with CBD (cannabidiol) or THC (tetrahydrocannabinol) ingredients could grow to capture about 20 per cent of the US market for edible pot products by 2022, up from 6 per cent of edibles sold now
  • Canaccord sees the demand for beverages featuring CBD, the non-psychoactive compound in marijuana, reaching US$260 million by 2022, up from the “negligible revenue” the limited number of drinks contributes now, while THC-based drinks could reach US$340 million, up from US$106 million expected this year

Sep 27, 2018 (Euclid Infotech Ltd via COMTEX) — Drinks infused with marijuana-derived compounds could swell to become a US$600 million market in the US within the next four years, outpacing the growth of other categories of retail cannabis products, according to analysts at Canaccord Genuity.

Beverages with CBD (cannabidiol) or THC (tetrahydrocannabinol) ingredients could grow to capture about 20 per cent of the US market for edible pot products by 2022, up from 6 per cent of edibles sold now, Canaccord’s Bobby Burleson wrote in a note. It’s an opportunity mainstream beer and soda makers are eager to take part in – Corona-parent Constellation Brands Inc became the largest stakeholder in Canadian pot cultivator Canopy Growth Corp earlier this year, while Molson Coors Canada formed a joint venture with Hexo Corp. Also, Coca-Cola Co said it’s exploring the idea.

“Interest has spiked from the beer industry on mounting evidence of a substitution relationship between cannabis and alcohol, while large soda companies increasingly view CBD as a natural fit within their strategically important wellness offerings,” Mr Burleson wrote.

Canaccord sees the demand for beverages featuring CBD, the non-psychoactive compound in marijuana, reaching US$260 million by 2022, up from the “negligible revenue” the limited number of drinks contributes now, while THC-based drinks could reach US$340 million, up from US$106 million expected this year.

Source: https://www.marketwatch.com/press-release/united-states-cannabis-laced-drinks-could-be-a-us600m-market-in-us-by-2022-2018-09-27

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North Bud Farms $NBUD.ca Announces Licensing of #Cannabinoid Infusion Technology for Food and Beverage Platform $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 4:13 PM on Thursday, September 27th, 2018

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  • Announced the licensing of infusion technology for its food and beverage platform with Made By Science Inc., a wholly owned subsidiary of Form Factory Inc.
  • Company signed a supply and licensing agreement with Made By Science Inc. , an Oregon, California multi state co-packaging and infused product manufacturer.
  • MBS owns a variety of IP protected infusion, encapsulation, taste masking and manufacturing processes

TORONTO, Sept. 27, 2018 – North Bud Farms Inc. (CSE: NBUD) (“NORTHBUD” or the “Company”) is pleased to announce the licensing of infusion technology for its food and beverage platform with Made By Science Inc., a wholly owned subsidiary of Form Factory Inc.

The Company signed a supply and licensing agreement with Made By Science Inc. (“MBS”), an Oregon, California multi state co-packaging and infused product manufacturer. MBS owns a variety of IP protected infusion, encapsulation, taste masking and manufacturing processes.

This Agreement provides that NORTHBUD will purchase from MBS raw, non-infused protein-based encapsulation powder (MX-17) to be used for infusion and formulation purposes in the Canadian market. NORTHBUD and MBS have established a per gram cost as well as a royalty agreement where NORTHBUD will pay a floating royalty on business to business sales and a consumer direct sale.

The companies intend to negotiate a master licensing agreement (“the Agreement”) to include the licensing and use of multiple proprietary food infusion technologies for which MBS will grant a master license for NORTHBUD to the use of the patented technology.

“Over the past 8 months our team has researched many technology solutions pertaining to encapsulation and infusion of cannabinoids into foods and beverages,” said Ryan Brown, Founder and CEO of North Bud Farms Inc. “This agreement secures us access to a premier technology partner allowing us to leverage a proven technology and tested processes from an advanced consumer market. We believe this will accelerate NORTHBUD’s goal of developing a food grade cannabinoid infused taste neutral ingredient as a first step towards creating products that will follow in compliance with the upcoming regulations regarding infused consumables. Over the coming months we look forward to working with both Food and Cannabis industry participants as we establish our development platform in preparation for the legalization of edibles and consumables which is anticipated in October 2019.”

“Made By Science has been relentlessly innovating the science driving the infused edibles industry to provide brands and consumers with safe, efficient and accurate products. As our team continues to position as a best in class manufacturer in the U.S., we have had our sights set on Canada as both critical to our long-term expansion and essential for our ability to export to international markets. NORTHBUD was an early believer in our technology and our team and we are excited to support their efforts with innovation and scale,” said Joshua Held, President of Form Factory Inc.

In accordance with the corporate stock option plan, North Bud Farms has issued 85,000 options at a strike price of $0.60 to advisors and consultants assisting with this project. These options will vest over a 24-month period.

About Made By Science Inc.
Made By Science Inc. is a wholly owned subsidiary of Form Factory Inc., a multi state manufacturer of cannabis infused food and beverage products.

For more information visit: www.madebyscience.co

About North Bud Farms Inc.
North Bud Farms Inc., through its wholly-owned subsidiary GrowPros MMP Inc. which was acquired in February 2018, is pursuing a license under the Access to Cannabis for Medical Purposes Regulations (ACMPR).   North Bud Farms will be constructing a state-of-the-art purpose-built cannabis production facility located on 95 acres of Agricultural Land in Low, Quebec. North Bud Farms will be focused on Pharmaceutical and Food Grade cannabinoid production in preparation for the legalization of edibles and ingestible products scheduled for October 2019.

For more information visit: www.northbud.com

Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements
Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward- looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. Such risks and uncertainties include, among others, the risk factors included in North Bud Farms’ final long form prospectus dated August 21, 2018 which is available under the issuer’s SEDAR profile at www.sedar.com.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
North Bud Farms Inc.
Edward Miller
VP, IR & Communications
Office: (855) 628-3420 ext. 3
[email protected]

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INTERVIEW: North Bud Farms $NBUD.ca Discusses Licensing of #Cannabinoid Infusion Technology for Food and Beverage Platform

Posted by AGORACOM-JC at 4:02 PM on Thursday, September 27th, 2018

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Bougainville Venture’s $BOG.ca Oroville, WA Cultivation Facility Ready for Occupancy $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 1:02 PM on Thursday, September 27th, 2018

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  • Cultivation facility in Oroville, WA will be occupied by a Tier-3, I-502 tenant within the next weeks
  • The tenant is in the final process of obtaining approval of plans and issuance of permits from Okanogan County and Washington State Liquor Cannabis Board (WSLCB)

Vancouver, BC / September 27, 2018 – BOUGAINVILLE VENTURES INC. (“Bougainville” or the “Company”) (CSE: BOG), providing cannabis infrastructure and seed-to-sale services to I-502 tenant-growers, is pleased to announce that its cultivation facility in Oroville, WA will be occupied by a Tier-3, I-502 tenant within the next weeks. The tenant is in the final process of obtaining approval of plans and issuance of permits from Okanogan County and Washington State Liquor Cannabis Board (WSLCB).

Our Cultivation Facility

Our initial facility is situated on prime farmland in Oroville, WA with easy access to transportation, industrial infrastructure, power, water, gas, and courier services in the northern region of the Okanagan Valley.

The cultivation facility consists of 6 greenhouses providing a total of 30,000 sq. ft. of cultivation area. Three of the greenhouses are complete. Final construction of all 6 greenhouses is expected to be completed in February, 2019.

The Oroville facility is projected to produce in excess of 12,000 lbs. of high quality cannabis per annum upon completion of all the greenhouses.

CEO, Andy Jagpal Comments:

“Our Oroville facilities are now ready for our first tenant to take occupancy. We are also in the final stages of signing other I-502 tenants for this facility. In addition, we are in the process of acquiring new cultivation facilities in other cannabis-approved jurisdictions.”

About Bougainville Ventures, Inc.
Bougainville provides cannabis infrastructure and seed-to-sale services to I-502 tenant-growers leasing greenhouse facilities space and providing fully built-out, turnkey solutions and ancillary services including processing, cannabis expertise and marketing and sales resources. Greenhouse canopies provide a 50% saving in cultivation cost. Bougainville has 30,000 sq ft in near production in Oroville, WA.

For more information please visit: http://bougainvilleinc.com/

 

On behalf of the Board of Directors

BOUGAINVILLE VENTURES INC.

_____________________

Andy Jagpal, CEO and Director

For further information, please contact Andy Jagpal at [email protected] or 1-844-734-8420 ____________

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Oroville, WA cultivation facility: statements pertaining to the ability of Bougainville Ventures Inc. (“BOG”); the anticipated economic potential of the property; the availability of capital and finance for BOG to execute its strategy going forward. Forward-looking statements are based on estimates and assumptions made by BOG in light of its experience and perception of current and expected future developments, as well as other factors that BOG believes are appropriate in the circumstances. Many factors could cause BOG’s results, performance or achievements to differ materially from those expressed or implied by the forward looking statements, including: discrepancies between actual and estimated results from exploration and development and operating risks, dependence on early exploration stage concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on key employees. 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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Lithium One Exploration Update $NAM.ca, Winnipeg River Pegmatite Field, Manitoba $GLEN $LIC.ca $LIX.ca

Posted by AGORACOM-JC at 9:12 AM on Thursday, September 27th, 2018

New age large

  • – The NAM/AAZ Option/Joint Venture has eight pegmatite hosted Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba- The mineral claims are 100% owned by NAM’s Lithium Division, Lithium Canada Development- The eight projects are strategically situated within the Winnipeg River Pegmatite Field, which hosts the world class Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium bearing minerals) in varying capacities, since 1969.

    – 2018 surface exploration has been completed on the Lithium Two, and Lithman East Projects and is underway on Lithium One.

    – Drill permits have been applied for on the Lithium Two and Lithium One Projects and the company is awaiting approval from the Manitoba government.

    – NAMs flagship project is the 100% owned River Valley Project, North America’s largest undeveloped primary Platinum Group Metals (PGM) Project in Sudbury, Ontario. See the most recent press releases and our Chairman’s message for the River Valley Project PEA dated July 25, 2018 and August 1, 2018 at our website (www.newagemetals.com) .

September, 27th 2018 / Rockport, Canada – New Age Metals Inc. (NAM) (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) New Age Metals is pleased to provide an update on the present exploration program with regards to the company’s Manitoba Lithium Projects. Currently surface exploration is focusing on the Lithium One Project (see Figure 1). The company’s Lithium Division, Lithium Canada Developments, has an aggressive exploration and development plan for 2018/2019. NAM’s Manitoba projects are financed via an Option/Joint Venture agreement with Azincourt Energy (AAZ) (see News Release Jan 18th, 2018).

Lithium One Exploration Update

Reconnaissance field exploration by the company in 2016 returned assays from surface exposed pegmatites up to 4.33% Li2O (see News Release – Dec 8th, 2016) from the Silverleaf Pegmatite. There are several clusters of pegmatites that are being explored during the 2018 field exploration season.


Click Image To View Full Size

Figure 1: NAM/AAZ Joint Venture Project Location Map – Winnipeg River Pegmatite Field. Lithium One Project is highlighted.

The Annie Pegmatite area (see Figure 2) is generally underlain by a broad continuous multiphase unit of pegmatitic granite. Detailed mapping has revealed at least 2 distinct structurally orientations of evolved pegmatite units that may be strataform or oblique along fault structures that offset established stratigraphy. Lithium bearing mineralogy has been discovered in these strataform and oblique evolved pegmatitic structures. Pending assay analysis for Lithium and other mineralogical content at observed sites within the Annie Pegmatite, an exploration targeting recommendation will be prepared. These targeting recommendations will hopefully help define potential structural connection implications between the Annie and Silverleaf showings, should they exist.


Click Image To View Full Size

Figure 2: Annie Pegmatite showing in outcrop with abundant SQUI (Spodumene Quartz Intergrowths) mineralization – The pen in the photo is 8 cm in length.

Sampling and mapping are ongoing. Several batches of samples have been sent to the lab for analysis. Numerous pegmatites are being explored on the Lithium One Project (see Figure 3).


Click Image To View Full Size

Figure 3: Pegmatite Location Map. Lithium One Project – Manitoba. The circle in the top left of the map is around the two pegmatite showings – Silverleaf and Annie on the Lithium One Project.

The Silverleaf Pegmatite (see Figure 4) is one of the most spectacular and mineralogically complex pegmatites known on the property. Figure 4 is a photo of the spectacular spodumene-lepidolite mineralization seen on surface. Numerous other interesting pegmatites have been mapped with the focus being to understand and increase the potential of the project.


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Figure 4: White spodumene blades in a matrix of lepidolite (Lithium Mica) from the Silverleaf showing.

Joint Venture Agreement

In January of 2018, NAM announced a signed final agreement with Azincourt Energy Corp. (TSX.V: AAZ) for the Manitoba Lithium Projects, (News Release: January 15, 2018). This Pegmatite Field hosts the world class Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in varying capacities, since 1969. NAM’s Lithium Projects are strategically situated in this prolific Pegmatite Field. Presently, NAM, under its subsidiary Lithium Canada Developments, is one of the largest mineral claim holders in the Winnipeg River Pegmatite Field for Lithium. Azincourt Energy Corp. as our option/joint venture is financed for and has committed to a minimum of $600,000 to be expended on exploration in Manitoba for 2018.

OPT-IN LIST

If you have not done so already, we encourage you to sign up on our website (www.newagemetals.com) to receive our updated news.

ABOUT NAM’S PGM DIVISION

NAM’s flagship project is its 100% owned River Valley PGM Project (NAM Website – River Valley Project) in the Sudbury Mining District of Northern Ontario (100 km east of Sudbury, Ontario). See results from the most recent NI 43-101 resource update below in Table 1. NAM management and consultants are currently designing a complete drill program to be executed in 2019 for the River Valley Project. This plan will consider previously proposed drill parameters and will be based on the most recent geophysical assessment and consultant expertise. The projects first economic study, a Preliminary Economic Assessment (PEA) is underway and is being overseen by Mr. Michael Neumann, P.Eng., a veteran mining engineer and one of NAM’s directors. See the most recent press releases for the River Valley Project PEA which detail the appointment of P&E Mining Consultants and DRA Americas to jointly conduct the study, dated July 25, 2018 and August 1, 2018 respectively. Our new Fall Chairman’s message can be accessed at our website (www.newagemetals.com) .

On April 4th, 2018, NAM signed an agreement with one of Alaska’s top geological consulting companies. The companies stated objective is to acquire additional PGM and Rare Metal projects in Alaska. On April 18th, 2018, NAM announced the right to purchase 100% of the Genesis PGM Project, NAM’s first Alaskan PGM acquisition related to the April 4th agreement. The Genesis PGM Project is a road accessible, under explored, highly prospective, multi-prospect drill ready Palladium (Pd)- Platinum (Pt)- Nickel (Ni)- Copper (Cu) property. A comprehensive report on previous exploration and future phases of work was completed by Avalon Development of Fairbanks Alaska in August 2018 on Genesis. A full sampling program will be conducted to continue to outline additional mineralization along the 800-meter by 40-meter mineralized zone

On August 29, the Avalon report was submitted to NAM, management is actively seeking an option/joint-venture partner for this road accessible PGM and Multiple Element Project using the Prospector Generator business model.

The results of the updated Mineral Resource Estimate for NAM’s flagship River Valley PGM Project are tabulated in Table 1 below (0.4 g/t PdEq cut-off).

Class Tonnes

‘,000

 Pd (g/t) Pt (g/t) Rh (g/t) Au (g/t) Cu (%) Ni (%) Co (%) PdEq (g/t)
Measured 62,877.5 0.49 0.19 0.02 0.03 0.05 0.01 0.002 0.99
Indicated 97,855.2 0.40 0.16 0.02 0.03 0.05 0.01 0.002 0.83
Meas +Ind 160,732.7 0.44 0.17 0.02 0.03 0.05 0.01 0.002 0.90
Inferred 127,662.0 0.27 0.12 0.01 0.02 0.05 0.02 0.002 0.66
Class PGM + Au (oz) PdEq (oz) PtEq (oz) AuEq (oz)
Measured 1,440,200 1,999,600 1,999,600 1,136,900
Indicated 1,856,900 2,626,700 2,626,700 1,463,800
Meas +Ind 3,297,200 4,626,300 4,626,300 2,600,700
Inferred 1,578,400 2,713,900 2,713,900 1,323,800

Notes:

  1. A.CIM definition standards were followed for the resource estimation.
  2. B.The 2018 Mineral Resource models used Ordinary Kriging grade estimation within a three-dimensional block model with mineralized zones defined by wireframed solids.
  3. C.A base cut-off grade of 0.4 g/t PdEq was used for reporting Mineral Resources.
  4. D.Palladium Equivalent (PdEq) calculated using (US$): $1,000/oz Pd, $1,000/oz Pt, $1,350/oz Au, $1750/oz Rh, $3.20/lb Cu, $5.50/lb Ni, $36/lb Co.
  5. E.Numbers may not add exactly due to rounding.
  6. F.Mineral Resources that are not Mineral Reserves do not have economic viability.
  7. G. The Inferred Mineral Resource in this estimate has a lower level of confidence that that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration.

QUALIFIED PERSON

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Carey Galeschuk, a consulting geoscientist for New Age Metals. Mr. Galeschuk is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release with regard to technical aspects of the Lithium Division.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

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.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

 

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