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Marijuana Company of America $MCOA and Global #Hemp Group $GHG.ca Issue Final Report on New Brunswick Hemp / #CBD Project $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 8:38 AM on Wednesday, January 10th, 2018

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  • Provides a final report on the first phase of their industrial hemp project in New Brunswick
  • In this first phase of MCOA’s and GHG’s multi-phase hemp project, the Partners successfully cultivated industrial hemp during the 2017 growing season
  • Objective of phase one was to re-introduce hemp into the area, to ensure that it could be productive under New Brunswick growing conditions, prior to significantly increasing cultivation acreage, and building a hemp processing facility in the region

Escondido, California–(January 10, 2018) – MARIJUANA COMPANY OF AMERICA INC. (OTC Pink: MCOA) (“MCOA” or the “Company“), an innovative hemp and cannabis corporation, and Global Hemp Group, Inc. (“GHG”) (CSE: GHG) (FSE: GHG) (OTC Pink: GBHPF) are pleased to provide a final report on the first phase of their industrial hemp project in New Brunswick.

On September 5, 2017, MCOA and GHG announced their joint venture to develop commercial hemp production on the Acadian peninsula of New Brunswick, Canada.

In this first phase of MCOA’s and GHG’s (the “Partners”) multi-phase hemp project, the Partners successfully cultivated industrial hemp during the 2017 growing season (see Phase One Hemp Trial Results below). For this phase of the project, the Partners only grew hemp for research purposes, as this was the first time in 20 years that industrial hemp was grown in the region. The objective of phase one was to re-introduce hemp into the area, to ensure that it could be productive under New Brunswick growing conditions, prior to significantly increasing cultivation acreage, and building a hemp processing facility in the region.

The Partners are preparing for proposed changes to Canadian legislation expected in 2018, that will permit cannabidiol (CBD) extraction from industrial hemp. Health Canada is currently consulting industry representatives regarding regulations that will accompany the new cannabis legislation expected by July 1, 2018.

The Partners are now focusing on the next season of crops. Farmers have been recruited and a minimum of 125 acres of hemp cultivation is planned for 2018, with the goal of increasing the acreage under cultivation to 1,000 acres by year three of the project. This first commercial crop will focus on CBD extraction. The Partners are currently considering sites in northeast New Brunswick to locate their processing facilities. In addition, discussions are underway regarding the purchase of extraction equipment for cannabinoids, and straw processing equipment for building materials. The companies expect the facilities to be in place and operational for the 2018 harvest in October.

Under the joint venture MCOA will facilitate access to international markets for the project’s CBD production, product development and distribution, while GHG will provide technical and management expertise. MCOA has Right of First Refusal as the primary off-taker of the cannabinoids from all future hemp cultivation projects.

RENEWAL OF GHG’S HEMP LICENSE IN CANADA

GHG’s industrial hemp license was renewed for 2018. Under current legislation, hemp flowers and leaves grown under field conditions cannot be processed. It is expected that this will be allowed under new 2018 regulations, but will still require additional licenses: one to extract the CBD and another to sell CBD for medical or non-medical purposes. In anticipation of this change, GHG will be applying for a license under the Narcotics Control Regulations (NCR) to extract CBD, and an additional license under the Access to Cannabis for Medical Purposes (ACMPR) to sell it to wholesale and retail customers in Canada.

FINAL TRIAL RESULTS

The trial consisted of fifteen test plots with three different varieties and as many planting densities of hemp, in two different locations east and west of Bathurst.

The trials were sampled, and collected materials were measured at Collège Communautaire du Nouveau Brunswick (CCNB), Grand Falls laboratory, where standard drying and measuring procedures were applied to the hemp straw, flowers, and leaves. Straw yields averaged 1.0-2.5 T/ha, whereas the combined flowers and leaves of the plant averaged 1.25-2.10 T/ha. The Partners are confident that with an earlier planting date, adequate soil preparation, and a higher fertilizer application, yields will be improved in future seasons.

Cannabinoid analysis of the flowers and leaves was completed by RPC – Science & Engineering (RPC), an accredited laboratory located in Fredericton, NB. Contrary to expectations leaves, rather than the flowers, contained a greater concentration of CBD, largely explained by laboratory procedures. The highest concentration that was found was the CFX-1 leaf sample that resulted in 1.46% for the 30 kg/ha plant density compared to 1.17% for the flowers. Also, it should be noted that the CBD concentration in flowers is consistently higher at densities of 30 kg/ha across all varieties that were tested.

Frank Giese, an advisor to GHG, will consult on the 2018 cultivation to assist in increasing both plant yield and cannabinoid production. Through his experience, he has bridged the fundamentals of scientific research and hemp/cannabis breeding, as well as the use and development of modern cultivation and processing techniques in his breeding work. He has become proficient in breeding cannabinoid rich varieties of hemp, as well as being very experienced in auto flower breeding.

Donald Steinberg, CEO of MCOA, stated, “We are excited to complete the first phase of industrial hemp trials in Canada, and we look forward to continue expanding operations in Canada. Our joint venture with GHG allows MCOA the opportunity to expand the Company’s operations on an international level. Both Companies are excited about the endless possibilities for hemp derived CBD product this year in Canada.”

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™”, 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 (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues, and value, and establish a greater collective valuation.

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

Marijuana Company of America, Inc.
Investor Relations
1+(888)-777-4362
[email protected]

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

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Posted in All Recent Posts, Featured, Marijuana Company of America | Comments Off on Marijuana Company of America $MCOA and Global #Hemp Group $GHG.ca Issue Final Report on New Brunswick Hemp / #CBD Project $AERO $CBDS $CGRW $APH.ca $GBLX

American Creek Resources $AMK.ca Reports 90.5m of 1.21 g/t #Gold at Treaty Creek, Including 70.5m of 1.47 g/t Gold $SEA $SA $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-JC at 7:21 AM on Wednesday, January 10th, 2018

Hublogolarge2 copy

  • Mineralization grading 1.21 g/tonne gold from 24 to 114.5m depth,
  • Including a higher-grade intercept of 70.5m grading 1.47 g/t gold from 31.5 to 102m

Cardston, AB – American Creek Resources Ltd. (TSX.V: AMK) (the “Corporation”) is pleased to report on results from its 2017 drill program on the Copper Belle zone of the Company’s Treaty Creek property located in B.C.’s Golden Triangle adjacent to Seabridge’s KSM project and Pretivm’s Brucejack mine.

CB-17-12, a step-out hole drilled on the Copper Belle zone, intersected various mineralized zones where the most significant was 90.5m of continuous mineralization grading 1.21 g/tonne gold from 24 to 114.5m depth, including a higher-grade intercept of 70.5m grading 1.47 g/t gold from 31.5 to 102m. Hole CB-17-12 was a 564m hole that was collared adjacent to the west side of Treaty glacier where ice ablation (glacier melt-back) has exposed new opportunities for exploration access. Hole CB 17-12 is 110m south of CB-16-03 that graded 58m from 88 to 146m of 1.11 g/t Au; and 122m from 304 to 426m of 0.97 g/t Au. Hole CB 16-03 was drilled uphill at a higher elevation (see map link).

Drill results for hole CB-17-12 are summarized in the table below:

Darren Blaney, President and CEO, stated: “CB-17-12 shows a continuance of significant mineralization found in the numerous holes released so far.  The fact that holes on Copper Belle have excellent results, extend over a one-kilometer range, have continuity between, and are open to the north and south, makes this a very significant system.  This is emphasized by the fact that it, along with the high grade GR2/HC zone, are located within the same hydrothermal system as the world class KSM deposits and the Brucejack mine.  We look forward to the remaining assays and planned resource calculation(s) on the Treaty Creek project”.     

The Copper Belle 2017 resource delineation program comprised 27 drill holes to depths below 700m (an estimated 13,722m) and step-outs of 50m where topography permitted. Results from additional drill holes of the 2017 drill program at Copper Belle are still pending. Drill holes were targeted oblique to the northwesterly plunge of the main mineralized zone. A block of delineated mineralization will form the basis for a preliminary resource estimate. All drill holes were down hole surveyed at 25m stations using a Reflex Multi-shot device.

The Magnetotelluric Geophysical Survey program (MT Survey) completed on the property in 2016 was effectively utilized as a guide for the drill program. The MT Survey suggests that the mineralization continues to the southwest toward the Iron Cap deposit of Seabridge Gold Inc. The MT Survey also suggests that the mineralized zone is open along strike and at depth. Tudor Gold’s 2017 drill program was located just five kilometers north of the Iron Cap deposit and the Company intends to step out to the south in its 2018 program to see if it confirms a relationship between the two areas.

Location map of the drill holes on the Copper Belle

https://orders.newsfilecorp.com/files/4494/31840_a1515513337318_39.jpg

Drill hole samples were assayed by Activation Laboratories Ltd. in Kamloops, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. Activation Laboratories quality system complies with the requirements for the International Standards ISO 17025: 2005.

The Qualified Person for the Treaty Creek results in this new release is James A. McCrea, P.Geo. for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Background on the Treaty Creek Project

The Treaty Creek Project is situated immediately north of Seabridge Gold’s KSM property and near Pretium’s Valley of the Kings Mine, both of which are situated in BC’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.

In 2017 Tudor conducted a major drill program (approximately 20,000 metres) on the Treaty Creek property. The objective of the drill program was to define a gold resource on the Copper Belle zone and to determine the future potential of the high-grade gold/silver/zinc GR2 zone located in a separate area adjacent to the Copper Belle.

Seabridge Gold’s proposed development plan for their KSM Project includes an access tunnel system through the Treaty Creek property as a key component.  The approximate trajectory of the tunnels can be found on the drill map link above.

The Treaty Creek Project is a joint venture between Tudor, Teuton Resources Corp., and American Creek. Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% carried interests in the property (American Creek and Teuton are not required to contribute to their proportionate costs until a production notice is given).

A summary of the Treaty Creek Project can be viewed here:

http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three gold/silver properties in the heart of the Golden Triangle; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor, as well as the recently acquired 100% owned past producing Dunwell Mine. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com

Cautionary Statements regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.

All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or expectations of the Corporation are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from the Corporation’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.

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.

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Posted in American Creek Resources Ltd., Featured | Comments Off on American Creek Resources $AMK.ca Reports 90.5m of 1.21 g/t #Gold at Treaty Creek, Including 70.5m of 1.47 g/t Gold $SEA $SA $SKE.ca $TUD.ca $PVG

GGX Gold Extends Drilling Targets 600 Meters

Posted by AGORACOM at 6:26 AM on Wednesday, January 10th, 2018

 

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564602/hub/ggx_large.png

    • Soil sample analytical results from the 2017 fall program on the Gold Drop Property
    • Conducted in the  Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein
    • A total of 334 soil samples were collected along 31 soil lines. These lines were spaced 25m apart

 

Gold Drop Property, Greenwood British Columbia

Vancouver, British Columbia (FSCwire) – GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the receipt of soil sample analytical results from the 2017 fall program on the Gold Drop Property, located in southern British Columbia. The soil sampling geochemical program was conducted in the Gold Drop Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein. The program identified gold soil anomalies including high values of 0.061, 0.073 and 0.088 ppm gold.

 

To view the graphic in its original size, please click here

 

A total of 334 soil samples were collected during the program and submitted to ALS Minerals in North Vancouver for gold and multi-element analysis. The samples were screened to 180 micron. Gold analysis was by aqua regia extraction with ICP-MS finish. Multi-element analysis was by aqua regia extraction and ICP-MS and ICP-AES. Soil samples were collected along 31 soil lines. These lines were spaced 25m apart with a 25m sample interval. The soil lines were of varying lengths but on average 250m long.

 

The soil sampling program identified several soil gold anomalies in the Southwest Zone, including numerous samples exceeding 0.01 ppm Au (including high values of 0.061, 0.073 and 0.088 ppm Au). The most distinct anomaly or anomalies is in the COD North area, where anomalous values are concentrated between two historical workings. The soil sampling program extended the target area for at least 600 meters northeast of the area of 2017 drilling and trenching. The Company is planning follow up work in this area in 2018 including a trenching program. The program also identified other gold anomalies near the new COD adit and northeast of the COD trenches.

 

The soil sampling program in the Gold Drop Southwest Zone helped identify a new vein exposure in a small, 2 meter deep historic adit 175 meters north of the C.O.D. trench. The adit is driven on a North-south striking quartz vein that is on strike with the C.O.D. Vein, and appears to be of the same style as the Detonia/Jewel quartz vein. Another vein exposure north of the trench was also located by hand pitting on local quartz float. Bedrock quartz samples from the small hand pit material returned values of 4.97 g/t Au and 30.7 g/t Ag. Samples of boulder material found outside of the small adit returned values of 1.28 g/t Au and 6.97 g/t Ag. (News Release of Nov 8, 2017).

 

To view the graphic in its original size, please click here

 

To view the graphic in its original size, please click here

 

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and consultant for GGX, is responsible for the technical information contained in this News Release.

 

On Behalf of the Board of Directors,

Barry Brown, Director

604-488-3900

 

Investor Relations:

Mr.  Jack Singh: 604-720-6598     E-mail: [email protected]

 

“ We don’t have to do this, we get to do this ” 

The Crew

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Posted in AGORACOM News And Events, All Recent Posts, Featured, Small and Micro-Cap Space | Comments Off on GGX Gold Extends Drilling Targets 600 Meters

FEATURE: American Creek $AMK.ca encounters high grade #Gold #Silver at Treaty Creek north of, and in the same system as #Seabridge $SEA.ca $SA $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-JC at 4:16 PM on Tuesday, January 9th, 2018

AMK: TSX-V, OTCBB: ACKRF

RECENT HIGHLIGHTS

  • Encountered numerous high grade gold/silver intercepts in preliminary drilling at the new HC zone at the Treaty Creek Project Read More
  • Additional gold discovery of 5.1m of 9.57 g/t gold from 249.35m to 254.45m Read More
  • Tudor Has Discovered a New Gold Zone at Treaty Creek: 110 M of 0.909 g/t Gold, Upper 316 M of Hole Yet to Be Assayed
  • Specimens from the Electrum property average 27,092 gm/tonne silver and 248 gm/tonne gold. Read More
  • Tudor has now completed the previously announced Magnetotelluric survey and has commenced drilling Read More
  • Hole CB-16-03 returned 0.526 g/t gold over 629.7 meters
  • Included within this wide 629.7 meter interval is 338 meters of 0.70 g/t gold
  • Also included 54 meters (from 88 to 142 meters) of 1.117 g/t gold and 122 meters of 0.965 g/t gold

View Presentation

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Posted in AGORACOM Client Feature, All Recent Posts, American Creek Resources Ltd. | Comments Off on FEATURE: American Creek $AMK.ca encounters high grade #Gold #Silver at Treaty Creek north of, and in the same system as #Seabridge $SEA.ca $SA $SKE.ca $TUD.ca $PVG

2018: The Year We Democratize #Blockchain $IDK.ca $SX.ca $SXOOF#Blockstation

Posted by AGORACOM-JC at 2:47 PM on Tuesday, January 9th, 2018
  • World has seen tremendous interest in blockchain across industries and countries, from thousands of new startups, to blockchain labs popping up in commercial and federal organizations
  • Democratization of a given technology can happen in many ways, from the number of people, products and solutions using that technology, to its business value or the level of disruption it activates.

Eric Piscini, a principal with Deloitte Consulting LLP, is the global leader of Deloitte’s financial services blockchain consulting efforts and co-lead at its the global blockchain and cryptocurrency team.

As the technology behind bitcoin nears its 10th year in the market, let’s celebrate the positive.

The world has seen tremendous interest in blockchain across industries and countries, from thousands of new startups, to blockchain labs popping up in commercial and federal organizations, to a number of consortia established looking to solve their industry’s biggest challenges.

One can go so far as to argue that 2017 saw the democratization for cryptocurrencies.

Democratization of a given technology can happen in many ways, from the number of people, products and solutions using that technology, to its business value or the level of disruption it activates. As opposed to previous technology waves – like open source – blockchain technology is, at its core, is designed to empower people versus organizations. It is thus natural that blockchain democratization is also core to its success.

With kids accepting bitcoin on lemonade stands, teenagers investing in ether to pay for college and traders standing up crypto-trading desks, there is no doubt that cryptocurrencies have helped democratize blockchain. Ask anyone who has been involved in blockchain without being involved in bitcoin for proof of that. In a way, blockchain has been democratized via cryptocurrencies — but the real democratization of blockchain is about to happen.

With democratization at its core, here are some of the things I expect to see happen in the year ahead.

For a host of reasons, it is a critical year for every aspect of the space.

1. Killer apps

2018 might very well be the year of the killer customer app on blockchain.

While the CryptoKitties were cute, they also demonstrated some limitations of the technology platforms; it will likely incentivize those in the industry to develop more stable and scalable blockchains. And, as the foundations mature, we will see major advancements in the usage of blockchain solutions for consumers. Whether it be personal electric grid management, digital identity, gaming, loyalty or credit scoring, we will probably use a blockchain app in 2018 without knowing that it is backed by blockchain technology.

2. Major tech developments

Advancements will come in the next few months that will make the use of blockchain platforms easier than ever before. And it will happen across the main stacks of Hyperledger, ethereum and Corda, among others.

This will address a key challenge that we all face today — the scarcity of talent, especially in developers and architects. When it’s easier to provision and develop on blockchain technologies, innovation will be unleashed, many more solutions will be created, which will help drive more experimentation and successful platform launches.

3. Governments and regulators will drive adoption

These groups are now engaging and leading in blockchain efforts after studying and getting up to speed on the technology.

They now understand the value of blockchain for themselves and their constituencies. We will see large-scale use of blockchain led by governments, probably first in developing economies and small countries where incumbents are less influential. Financial inclusion, digital identities, regulatory reporting and payments will be the main areas improved by blockchain in 2018.

4. Corporations and non-profits will become major players

I believe these organizations will be the main engine in translating the promises into real commercially viable solutions, a massive role in the democratization of blockchain. Most importantly, they will have to accept that their long-term role in our economies might be dramatically different than it is today. We have seen both sides of the coin so far, pun unintended.

Those taking the defensive position – like notaries – will go the dinosaur way. On the other hand, those going on offense, with aggressive moves from major corporations, like banks, insurance companies and other financial institutions, will help build the next generation of business platforms on blockchain.

The biggest question: Will they be nimble enough to compete with the startups? Will they be protected by regulations? Will they generate return on their investments so far?

5. The jobs market will take notice

When it comes to talent, which is the first thing I think about when I wake up each morning, the job market too will be impacted and blockchain will offer new productive lives for many. The decentralization of work has already started and I’m a big believer that blockchain will fuel its growth. Imagine a world where each of us can monetize our time, skills and experiences on-demand and be rewarded with micropayments from a decentralized platform.

Work has been democratized many times over but it might very well be the last phase.

All that said, there might be a downside to the democratization of blockchain. If you consider blockchain as a non-human trustee, autonomous organizations running on blockchain are – as we have seen with the DAO – not so sci-fi anymore. Democratization of technology often requires strong ethical behaviors and, sometimes, a regulatory framework. We cannot overstate these aspects in our race to introduce blockchain to the world.

6. There will be surprises

No, I did not forget cryptocurrencies and other tokens.

They have reached democratization in financial markets already, with many exchanges and financial instruments. Will it open a new wave for anyone to invest into a new asset class, will it burst into flames, will it enhance existing businesses, or will it create new decentralized business models? All of the above, which is why 2018 is going to be the most exciting year in blockchain so far.

Democratizing blockchain will be central for us in 2018, as I believe it will generate an unprecedented level of change in the next decade.

Participation image via Shutterstock

The leader in blockchain news, CoinDesk strives to offer an open platform for dialogue and discussion on all things blockchain by encouraging contributed articles. As such, the opinions expressed in this article are the author’s own and do not necessarily reflect the view of CoinDesk.

Source: https://www.coindesk.com/2018-year-democratize-blockchain/

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Posted in All Recent Posts, Bitcoin, Blockchain stocks, Blockstation, Canadian Blockchain Stocks, Featured, Smallcap Blockchain stocks, Star Navigation Systems (SNA:TSXV), ThreeD Capital | Comments Off on 2018: The Year We Democratize #Blockchain $IDK.ca $SX.ca $SXOOF#Blockstation

ThreeD Capital $IDK.ca Adds Dr. Wei-Tek Tsai To Advisory Board $SX.ca $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 8:28 AM on Tuesday, January 9th, 2018

Threed capital

  • Announced today the addition of Dr. Wei-Tek Tsai to its Advisory Board
  • Dr. Wei-Tek Tsai received his B.S. in Computer Science and Engineering from Massachusetts Institute of Technology (MIT) at Cambridge, MA in 1979, M.S. and Ph.D. in Computer Science from University of California at Berkeley in 1982 and 1985
  • Company also wishes to advise the addition of George Tsiolis to the Advisory Board

TORONTO, Jan. 09, 2018 — ThreeD Capital Inc. (the “Company”) (CSE:IDK), a Canadian-based venture capital firm focused on investments in promising, early stage companies with disruptive capabilities, is pleased to announce today the addition of Dr. Wei-Tek Tsai to its Advisory Board.

Dr. Wei-Tek Tsai received his B.S. in Computer Science and Engineering from Massachusetts Institute of Technology (MIT) at Cambridge, MA in 1979, M.S. and Ph.D. in Computer Science from University of California at Berkeley in 1982 and 1985. He worked for the University of Minnesota from 1985-2000, serving as Director of Graduate Studies in the Department of Computer Science and Engineering.

Dr. Tsai left University of Minnesota and joined Arizona State University in 2000 as a professor of Computer Science and Engineering in the School of Computing, Informatics, and Decision Systems Engineering. He became an Emeritus Professor in December 2014.  In China, he initiated the first academic laboratory dedicated to blockchain research and education in China at Beihang University’s School of Computer Science and Engineering.  He has authored more than 500 papers in software engineering, service-oriented computing, cloud computing and blockchains.

Sheldon Inwentash, Chairman and CEO of ThreeD Capital, stated, “Dr. Wei-Tek Tsai is a world-renowned Blockchain expert who, amongst his many great accomplishments, has developed high-speed super large ledger technology that could represent the most disruptive protocol of the already disruptive blockchain industry. His experience and knowledge will be invaluable to our Blockchain initiatives.

Dr. Tsai stated, “I am pleased to join the Advisory Board of ThreeD Capital, whom has recognized the value of our blockchains in numerous domains, including financial and other applications.  Our blockchains can process enormous volumes of data in high speed and has been proven in the field.  I look forward to working with Sheldon and his team.”

The Company also wishes to advise the addition of George Tsiolis to the Advisory Board. George is the Founder of AGORACOM, the largest online investor relations and marketing community dedicated solely to the small cap stock industry. Over the last 10 years, AGORACOM has served over 300 public companies, generating over 500 million page views and 51 million visits from investors.  He is a graduate of Osgoode Hall Law School and a recipient of the Dean’s Honour Roll Award during his undergraduate studies in Economics.  He was called to the Ontario Bar in 1995. Mr. Tsiolis has been a keynote speaker at major small cap and technology conferences and produced Season Two of the nationally televised small cap show, The Next Biggest Winner.

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: 416-606-7655

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Posted in All Recent Posts, Bitcoin, Blockchain stocks, Canadian Blockchain Stocks, Featured, Smallcap Blockchain stocks, ThreeD, ThreeD Capital | Comments Off on ThreeD Capital $IDK.ca Adds Dr. Wei-Tek Tsai To Advisory Board $SX.ca $HIVE.ca $BLOC.ca $CODE.ca

Namaste $N.ca Announces Services Agreement With #Cannamerx Cannabis Mercantile Exchange $ATT.ca $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 8:23 AM on Tuesday, January 9th, 2018

Nlogo

  • Announced that it has entered into a Services Agreement with Cannamerx;
  • Canada’s first online marketplace for the wholesale purchase of medical cannabis certified under the Access to Cannabis for Medical Purposes Regulations
  • All bids submitted over the platform are binding;
  • Sale transactions are Ex Works;
  • Cannamerx offers strong buyer protection to ensure products match descriptions;

VANCOUVER, BRITISH COLUMBIA, Jan. 09, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE: N)(FRANKFURT: M5BQ)(OTCMKTS: NXTTF) is pleased to announce that it has entered into a Services Agreement (the “Agreement”) with 3955 Trading Inc. (“Cannamerx”), Canada’s first online marketplace for the wholesale purchase of medical cannabis certified under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). Cannamerx is a fully automated, ACMPR-compliant forward auction trading platform for bulk cannabis and cannabis products in Canada. Developed in close collaboration with Canadian licensed producers, Cannamerx is designed to facilitate the trade of bulk cannabis and cannabis products between licensed producers throughout the country. Namaste believes that Cannamerx’s platform will offer strategic benefits to the Company’s wholly owned subsidiary, Cannmart Inc. (“Cannmart”), which is a late stage ACMPR applicant for a medical cannabis “sale-only” license. Through Cannmart, Namaste will create an online retail marketplace for medical cannabis that will offer the largest variety of products sourced from ACMPR licensed producers as well as international cultivators.

Terms of the Agreement:

  • All bids submitted over the platform are binding;
  • Sale transactions are Ex Works;
  • Cannamerx offers strong buyer protection to ensure products match descriptions;
  • Cannamerx ensures that all ACMPR compliant;
  • Cannamerx is strictly a business to business marketplace;
  • Cannamerx does not charge sign-up or listing fees;
  • Cannamerx does not charge any buyer commission;
  • Bidding on Cannamerx is anonymous; and
  • The Agreement is non-exclusive to Cannmart.

Using the Cannamerx platform will enhance Namaste’s ability to efficiently source cannabis and cannabis products from small-scale licensed producers throughout Canada, creating a diverse product selection for Cannmart’s online marketplace customers.  While large licensed producers will continue to play a vital role in Namaste’s distribution, the Company believes that the Agreement will allow the Company to connect customers with the craft cannabis market, an important niche market that could experience significant growth similar to the craft beer and wine industries.

In addition to the announcement of the Agreement, Namaste would like to announce that Mr. Clifford Stark will be leaving Namaste’s board of directors in pursuit of a new business venture. Mr. Stark has provided Namaste with valuable advice and insight during his position as an active board member of Namaste’s team. The Company would like to thank Mr. Stark for his service and wishes him best of luck in his future endeavors.

Management Commentary
“We are proud to welcome Namaste to Cannamerx,” said Dietwald Claus, CEO of 3955 Trading Inc., which owns and operates Cannamerx. “We developed Cannamerx to provide Canadian licensed producers with an effective, easy-to-use, ACMPR-compliant platform for the trade of wholesale cannabis and cannabis products in Canada. By bringing together licensed producers, processors, and retailers from across the country on a single trading platform, we anticipate that Cannamerx will play a critical role in growing a diversified and robust Canadian cannabis industry. Namaste’s decision to join Cannamerx is a strong vote of confidence in our technology and business model. We look forward to welcoming more participants over the coming months as Canada prepares to legalize recreational cannabis.”

Sean Dollinger, President and CEO of Namaste comments, “This Agreement represents a unique opportunity for both parties, as we look for new ways to increase the appeal of our online marketplace. Our relationship with Cannamerx is not intended to replace our existing supply channels, but rather to broaden the selection of quality cannabis products that we are able to provide to our customers. Namaste believes Cannamerx fits well with our purchasing strategy moving forward, and we anticipate Cannamerx playing a significant role in helping us access cannabis from smaller licensed producers to supply Canadian consumers with the most diverse selection in a cannabis space.”

“In addition to the benefits Cannamerx provides Namaste, we believe Cannamerx provides a great channel for licensed producers looking to wholesale their cannabis. Namaste is committed to providing Canadian cannabis users with easy access to the widest range of cannabis products and this agreement helps fast track our efforts in achieving those goals.”

About Namaste Technologies Inc. 
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: [email protected]

Further information on the Company and its products can be accessed through the links below:

www.namastetechnologies.com
www.namastevaporizers.co.uk
www.everyonedoesit.co.uk

FORWARD-LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents, which can be found under the Company’s profile on www.sedar.com. This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.

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Namaste $N.ca Announces December 2017 Sales of C $1.80M, a 182% Year-Over-Year Increase $ATT.ca $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 5:32 PM on Monday, January 8th, 2018

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  • December 2017 total un-audited net revenue was C$1,795,032 representing a 182% year-on-year increase in comparison with December 2016

VANCOUVER, British Columbia, Jan. 08, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce December 2017 total un-audited net revenue as reported by the Company (including shipping revenues and after discounts and re-funds) was C$1,795,032 representing a 182% year-on-year increase in comparison with December 2016. Relative to November sales which included Black Friday and Cyber Monday, December sales were very encouraging following the record-setting month of November. Management anticipates these year-on-year growth trends to continue as the Canadian market moves towards legalization, and through its aggressive strategy to expand sales into emerging markets.  While vaporizer and hardware sales remain strong, Namaste’s marketing and SEO teams remain focused on improving conversion rates and increasing site traffic, as Namaste continues to build its impressive database of users.

The table below outlines gross sales of Namaste’s major sites and includes site traffic, conversion rates, total number of orders per site and average online basket price.

The Company remains extremely focused on improving gross margins on its vaporizer sales, as well as on its ancillary cannabis products, and anticipates benefiting significantly from its partnership with Greenlane. While the collaboration is still in its infancy, Namaste has already seen a significant reduction of overhead as a result of the integration with their platform and is committed to finding innovative ways to help streamline its operations. As Namaste continues to drive new sales and expands its global platform, these initiatives will become an integral part of Namaste’s ability to grow and become profitable.

While the Canadian market remains Namaste’s primary focus as it awaits approval of its “sales only” license through Cannmart Inc., management’s broader focus is on revolutionizing the medical cannabis retail industry by creating a template that can be easily duplicated and deployed into progressive markets that are moving towards adopting the legalization of medical cannabis. Management fully believes that once Canada adopts these polices, it is only a matter of time before emerging markets follow suit.  Namaste believes these strategies will allow it to take full advantage of these opportunities moving forward, as it works to create a universal platform that is safe and easy to use.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “We are very pleased to see such strong numbers coming out for December 2017 and are extremely encouraged by our growth prospects moving into 2018.  While 2017 saw Namaste enter many strategic partnerships, and enter numerous agreements with some of the top LP’s in the industry, it is our intent to remain aggressive in 2018 as Namaste looks to continue identifying mutually beneficial relationships that can help expand Namaste’s global presence, and can expedite the process of reaching profitability. Thanks to our whole team for all their hard work and dedication in 2017 as we are equally as excited and optimistic as we move forward.”

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

Forward Looking Information
This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions. Namaste assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: [email protected]

Further information on the Company and its products can be accessed through the links below:

www.namastetechnologies.com
www.namastevaporizers.co.uk
www.everyonedoesit.co.uk

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Namaste $N.ca Announces 2017 Audited Financials With Corporate Update $ATT.ca $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 4:59 PM on Monday, January 8th, 2018

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2017 Financials – Highlights

  • Net revenue of $11.0 million (2016 – $3.5 million),
  • An increase of $7.5 million or 215% year-over-year

VANCOUVER, British Columbia, Jan. 08, 2018 — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce the filling of its audited financial statements, management discussion and analysis, and certification of annual filings for the year ended August 31st, 2017 (collectively, the “2017 Financials”).  The company’s 2017 gross revenue of C $10,981,414 which represents a 211% year-on-year growth increase was achieved through strategic acquisitions and consolidation of industry competitors, as well as through the implementation of advanced e-commerce technologies targeted to grow organic traffic and increase on-site conversion rates. Namaste expects to see strong revenue growth in its cannabis hardware business entering into 2018 through further optimization and expansion of operations in emerging markets. Namaste looks forward to soon receiving its Access to Cannabis for Medical Purposes Regulations (“ACMPR”) medical cannabis “sales-only” license whereby the company will enter a new revenue vertical by selling medical cannabis through its online platform. Namaste believes its expertise in e-commerce and website optimization, along with its existing database of Canadian consumers, will propel the Company to becoming the largest distribution channel for the sale of medical cannabis online. During the 2017 financial period, all of Namaste’s revenue was driven through hardware sales and does not include any medical cannabis sales.

2017 Financials – Highlights

  • Net revenue of $11.0 million (2016 – $3.5 million), an increase of $7.5 million or 215% year-over-year. The increase in net revenue is primarily due to organic growth, and the acquisitions of Australian Vaporizers PTY Ltd., URT1 Limited and Haze Industries, Inc., which provided revenues of $2.1 million, $1.7 million and $1.3 million, respectively.
  • Gross profit of $1.4 million (2016 – $1.1 million), an increase of $0.3 million or 27% year-over-year. As a percentage of sales, the gross margin declined to 13% during the period, as compared to 32% in the prior year. The gross profit decline was primarily due to a non-cash inventory write-down of $0.6 million. Gross margin further declined due to a decrease in the price mark-up of products sold to retail customers, an increase in discounts issued to customers, an increase in shipping cost related to product sales, and a foreign currency depreciation in sales generated in British Sterling relative to the Canadian Dollar.
  • Operating costs were $19.5 million (2016 – $3.3 million), an increase of $16.2 million year-over-year. The increase in operating costs is primarily due to non-cash items such as stock-based compensation inventory write-downs, amortization of intangibles and an impairment of goodwill and intangible assets, which totaled $13.5 million. Excluding non-cash expenses, the increase in operating costs was comparable to the growth in revenue.  In addition to this, there were increases in administrative, consulting, advertising, and salary costs, which are in line with revenue growth. Lastly, there were non-recurring legal and consulting expenses of $0.4 million in relation to the acquisitions of URT1 Limited, Australian Vaporizers PTY Ltd. and CannMart Inc. during the period under review.
  • Net losses were $17.4 million (2016 – $1.9 million), an increase of $152 million year-over-year. The increase in net losses is primarily due to $13.5 million in non-cash charges.

2018 Strategic Initiatives

  • Official Launch of Namaste MD:

In November of 2017, Namaste soft-launched a beta version of its revolutionary telemedicine mobile application, NamasteMD.com, which is a virtual consultation portal that connects patients with nurse practitioners to facilitate issuance of medical documents. NamasteMD is presently available on desktop and Google Android platforms, while the Company is updating the iOS version and is awaiting approval in the Apple store. NamasteMD is the only virtual application for the Canadian medical cannabis industry that incorporates exclusive age and identity verification technology, utilizing facial recognition and direct connection to federal databases. NamasteMD.com is being implemented as a patient acquisitions tool for Namaste to leverage its existing database of Canadian consumers and daily site traffic. Initial testing user feedback has been taken into consideration, and the Company plans an official launch of the platform very soon.

  • Cannmart Medical Cannabis Marketplace:

In May of 2017, Namaste acquired Cannmart Inc. (“Cannmart”), a late stage applicant under Canada’s ACMPR program for a medical cannabis “sales-only” license. Namaste is presently under construction for a state-of-the-art processing facility with the intention of launching an online marketplace for medical cannabis that will include products from multiple domestic and international licensed producers. The Company is specifically focused on the international importation niche as it sees value in importing high quality medical cannabis from international markets like Israel, which leads the industry in cannabis research and development. NamasteMD patients will have immediate access to Cannmart’s online platform which will focus on carrying the largest variety of medical cannabis including oils, extracts, and edibles, when they become available in the Canadian market.  Cannmart will offer same-day delivery for medical cannabis products in the Greater Toronto Area (“GTA”) and will offer additional services including order fulfilment for out-of-province licensed producers as cannabis packaging and pre-filled strain cartridges. The Company will utilize its expertise in optimizing the consumer experience in an online platform and believes that Cannmart has the potential to become Canada’s leading retailer for medical cannabis.

  • Technology Implementations

Throughout 2017, Namaste developed several enterprise level software platforms out of necessity for its operations, including a fully integrated middleware solution. The Company also developed NamasteMD as described above which will affect the way patients connect with doctors or medical practitioners to issue medical documentation. Namaste believes that there is significant value in its software platforms and their potential use in partnerships with other industry leaders. Namaste, through its research of existing seed-to-sale software platforms, believes that there is a large gap in the industry for a software platform to provide a vertically integrated solution for medical cannabis retail sales and that the software could be made available and utilized across the industry. Namaste plans to explore software licensing opportunities as it sees demand for its technology across the industry.

  • Emerging Markets

Further to the Company’s 215% year-on-year increase in revenue, Namaste’s core business of hardware sales continues to grow rapidly through expansion into emerging markets like Mexico and Brazil, as well as in markets like Australia where the Company maintains a large market share. The Company’s marketing and SEO team are highly focused on increasing site traffic through strategic partnerships and improving on-site conversion rates by implementing new technology across its e-commerce platform. The Company expects to see continued growth through its hardware business both domestically and abroad.

  • Profitability:

Further to the Company’s news release dated December 22, 2018, Namaste signed a Fulfillment Agreement with Greenlane Canada, which represents a key component of Namaste’s strategy moving forward, and is expected to have an immediate impact on cash-flow. The partnership further demonstrates Namaste’s commitment to focusing its resources towards the expansion of its global network, in an attempt to solidify its place in the Canadian market as a dominant player. Namaste’s management remains focused on streamlining its current operations by taking cost cutting measures, such as the Greenlane partnership, to help fuel future growth and ultimately achieve profitability in early to mid 2018.

  • Market Penetration:

Namaste continues to establish itself as the leader in the development and deployment of cutting edge technology solutions specifically designed for the medical cannabis industry. Namaste believes these technological advances will play a vital role moving forward, in an attempt to provide Canadian users with a safe and reliable platform to help meet the growing demand for medical cannabis. As demonstrated in 2017, it remains highly evident that there is a significant demand for many of the products and services Namaste is able to provide and Namaste fully intend on continuing to pursue new opportunities in the Canadian market. In only a short time, Namaste has been able to take significant strides in penetrating the medical cannabis market by focusing its efforts on developing more efficient medical cannabis delivery systems that it believes will become industry standard. By working with many of Canada’s leading ACMPR licensed producers, Namaste believes it is well-positioned to exploit additional opportunities it has identified within the medical cannabis market, and fully anticipates seeing the further adoption of many of its existing technological initiatives moving forward. These agreements solidify our desire to work with top Canadian LP’s in an attempt to pursue growth in the medical cannabis online retail marketplace.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “2017 has been truly transformational for Namaste and its shareholders.  As a result of many new and exciting initiatives, Namaste was able to form many strategic partnerships over a relatively short period of time, and sees no sign of that trend slowing down moving into 2018. To have many of the largest Canadian LP’s see value in the products and services we provide is a true testament to both the need and desire for technological solutions within the medical cannabis industry. The industries keen interest in the adoption of our platform, further validates the inherent value our systems are able to bring, and it is extremely exciting to see our efforts being rewarded. Namaste sees major opportunities in expanding the software platform and in developing a more robust and advanced seed-to-sale platform, as it believes the industry is still lacking an appropriate vertically integrated solution that will allow for further growth of the Canadian medical cannabis online retail industry.

We will continue to innovate in the Canadian medical cannabis market, as we believe many of our initiatives will have first to market advantage as consumers look for more efficient and reliable sources of medical cannabis. With this in mind, we believe we have positioned ourselves extremely well to achieve profitability, as we remain focused on completing construction at the Cannmart facility in anticipation of receiving our ACMPR “sales-only” license. Once obtained, Namaste believes it will be one of the most well-positioned companies in the Canadian cannabis market, and will be able to offer a diverse range of products and services globally. We’re very excited going forward as the impressive revenue growth to-date having been derived from hardware sales only, presents Namaste with vast opportunity moving forward in the medical cannabis online retail industry.”

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

Forward Looking Information

This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions. Namaste assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: [email protected]

Further information on the Company and its products can be accessed through the links below:

www.namastetechnologies.com
www.namastevaporizers.co.uk
www.everyonedoesit.co.uk

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#Palladium ETF Continues Its Blistering Pace #PGM $NAM.ca $WG.ca $XTM.ca $WM.ca

Posted by AGORACOM-JC at 3:49 PM on Monday, January 8th, 2018

  • Among the largest contributors of industrial demand, robust global auto sales fueled greater demand for the precious metals as part of catalytic converters to diminish harmful gas emissions
  • About 40% and 75% of annual demand for platinum and palladium, respectively, apply to autocatalysts in combustion engines

The ETFS Physical Palladium Shares (NYSEArca: PALL) gained nearly 3% last week, extending a run that saw the lone palladium-backed exchange traded fund surge more than 57% in 2017.

Among the largest contributors of industrial demand, robust global auto sales fueled greater demand for the precious metals as part of catalytic converters to diminish harmful gas emissions. About 40% and 75% of annual demand for platinum and palladium, respectively, apply to autocatalysts in combustion engines.

“The spot price for the precious metal only needs to climb by another 1.6 percent in London trading to push past an all-time high that’s stood for 17 years. At the current pace of gains, that could happen within days,” reports Bloomberg. “New York futures for the metal, used to cut car exhaust fumes, already touched the highest for a most-active contract in records going back to 1986.”

Other critics also contend that the popularity of ride sharing platforms indicate a peak in auto demand, which may reflect the weak U.S. auto sales among the Millennial demographic favoring a sharing based economy. This trend may actually spur higher total miles driven and reduce average vehicle lives. The shifting demand to higher total miles driven could potentially reshape the cyclical nature of the industry.

Still, palladium is expected to be in a supply deficit this year, which bodes well for prices.

Source: https://www.etftrends.com/palladium-etf-continues-its-blistering-pace/

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