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ThreeD Capital $IDK.ca Updates Strategic Plans $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 8:17 AM on Thursday, January 4th, 2018

Threed capital

  • Announced the creation of a special purpose division within its wholly owned subsidiary Blockamoto.io Corp
  • Specifically invest in a number of strategic tokens and Initial Coin Offerings (“ICO”) especially those which are protocol based
  • cryptocurrency portfolio is primarily a simplified vehicle for investing in the complex emerging cryptocurrency market, while taking advantage of the expertise of Blockamoto.io’s team of advisors

TORONTO, Jan. 04, 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 the creation of a special purpose division within its wholly owned subsidiary Blockamoto.io Corp. (see previous announcements October 26, 2017 and December 19, 2017) to specifically invest in a number of strategic tokens and Initial Coin Offerings (“ICO”) especially those which are protocol based.

Total cryptocurrency capitalization in the world now exceeds $650 billion US, and the best-known currency of this type being the Bitcoin. Blockamoto.io cryptocurrency investment portfolio will initially invest primarily in the leading cryptocurrencies, such as Bitcoin and Ethereum.  It may also invest in various emerging altcoins, based on strong fundamentals, and could invest into ICOs.

The cryptocurrency portfolio is primarily a simplified vehicle for investing in the complex emerging cryptocurrency market, while taking advantage of the expertise of Blockamoto.io’s team of advisors. Cryptocurrencies may be the opportunity of a generation, as the Internet boom was in the 1990s. The implementation and adoption of this revolutionary technology is still in its infancy.

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 where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s network in order to earn increases to the Company’s equity stake.

For further information:
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
[email protected]
Phone: 416-606-7655

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Namaste $N.ca $NXTTF Live 420 Stream: Latest Press Releases | Aurora Cannabis $ACB.ca – Live Today At 4.20pm EST

Posted by AGORACOM-JC at 4:05 PM on Wednesday, January 3rd, 2018

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Technology can bridge the gap in our broken #education system #India #edtech $BTRU.ca $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 2:49 PM on Wednesday, January 3rd, 2018
  • The last three years have witnessed a paradigm-shift when it comes to the K-12 education space in India all thanks to the advent of new technology.
  • India’s online education industry is expected to grow almost eight times to $1.96 billion by 2021,
  • Number of paid users estimated to rise as high as 9.6 million

Toppr currently has over 2 million registered students in classes 5th to 12th

This has also attracted high volume investment into India’s online education industry with millions of dollars being poured into personalised e-learning startups.

Can technology reform public education in India?

Many of these ed-tech startups are not just focused on building a successful business, but are trying to address a serious problem that has been fundamental to the progress of our nation. Power technology startups, such as Toppr, are trying to bridge the gaps in our broken public education system, as India is ranked 92 in education among 145 countries, according to Legatum Prosperity Index.

“Through the application of machine learning, it has opened up transformative possibilities to personalize learning in a country with over 315 million students, and a skewed student-teacher ratio. With the government’s aid, it can further bridge the gaps in the public education, and considerably improve its health,” said Zishaan Hayath co-founder and CEO of Mumbai based e-learning startup Toppr in an exclusive interaction with PCMag India.

E-learning is also effectively democratic in that it levels the plane for learners from diverse social backgrounds. “With deepening internet penetration, the apps will enable a massive student community to study at their own pace, and in their own unique styles,” Hayath added.

Toppr was founded in 2013 by two IIT alumni Zishaan Hayath and Hemanth Goteti. They are now pursuing an aggressive expansion, projecting exponential growth expecting to take revenue to over $500 million by 2021.

Challenging legacy institutions

With a reward of hundreds of million dollars, the ed-tech industry is facing a cut-throat competition. Gone are the days when a retired teacher or professor could just walk in, rent a classroom and create a coaching center, which used to be a very lucrative business.

According to Zishaan Hayath, “Taking the digital DNA to the Indian education sector has been an extremely rewarding journey for us. Our objective is to revolutionise after-school learning through a platform that analyses and monitors both students’ strengths and weaknesses.”

Startups such as Toppr have been putting a lot of thought into their product by identifying the right needs of modern-day students and aspiration of current middle-class parents, unlike the legacy after-school tuition centers and coaching classes.

“Our biggest challenge was establishing a strong product-market fit. We know that the most valuable currency in a student’s life is time – irrespective of background, the medium of instruction or location. They must, hence, commit their time to the right learning tool,” Zishaan explained the initial challenges Toppr faced. “Our challenge, then, was to build trust within the student community by establishing a strong product-market fit. We had to demonstrate that the app was worth their time,” he added.

However, established institutions based on the traditional classroom business model are aware of the threat startups are bringing and they have been on the verge of digital transition as well.

“The companies currently in the online education space are of two kinds. The first is trying to leverage the internet for their conventional business models. These companies typically talk about content distribution and teacher pedigree. They look at technology as a means to user acquisition and delivering content,” Zishaan explaining the current trend in ed-tech space.

“The second set of companies is applying technology to solve specific problems that conventional methods and resources cannot tackle. They think of technology as the enabler and the internet as a platform centered around solving students’ problems,” he added.

“Toppr is distinctly in the second set with exceptional technology pedigree applied to rethinking education. This is a complex, long-term process, so we are not too worried about the crowding of online-learning offerings,” says Zishaan Hayath.

Responding to the aspirations of tier 2 and tier 3 cities

 

In recent years top colleges and academic institutions across the country have been demanding higher cut-off marks. It was not so long ago that Delhi University demanded a full score of 100 percent as cut off, a result of higher competition and demand.

This trend has put significant pressure on the students and their parents, especially in tier 2 and tier 3 cities and towns where there is a significant lack of quality after-school coaching and tuition centers. And for them, apps such as Toppr offers much-needed help.

“The vision is to penetrate deeper into the heart of India and cater to the varying learning styles of all young learners in the near future,” said Zishaan Hayath.

“While anyone across the country can download the app, the company has dedicated regional counseling teams in over 15 cities including Mumbai, Delhi, Bangalore, Hyderabad, Pune, Kota, Jaipur, Nagpur, Vijayawada, Ahmedabad, Bhopal, Indore, Chennai, Gurugram, Baroda, and Lucknow. We should reach another 15 in the coming months, and the impact is becoming increasingly visible,” Zishan added.

In recent months Toppr raised over $6.92 million dollars from investors such as AIF Partners, Helion Ventures, and FIL Capital Management, bringing the numbers to a total of $18.5 million.

Source: http://in.pcmag.com/edtech/118190/feature/technology-can-bridge-the-gap-in-our-broken-education-system

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New Year’s resolutions: #Esports in 2018 $GMBL $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 2:27 PM on Wednesday, January 3rd, 2018
  • 2017 was a huge year for esports with immense progress made across the board, from sponsorships and investments to mammoth-prize money and increased mainstream coverage
  • Foundations have been firmly laid for continued growth throughout 2018
  • With that in mind, here are our New Year’s resolutions for esports going in to the New Year

Improve professionalism in a youth-dominated market

A lack of professionalism has been a long-standing issue in esports – often a problem when granting young people anonymity on the internet. However, following the steps taken in recent years to evolve esports into a viable and respectable industry, it is about time this issue is tackled head on.

There were plenty of examples of poor professional conduct in 2017 alone. We saw; players cheating in online tournaments, being intoxicated at major events, and even stage hosts being disrespectful to competitors. Not only does this show esports in a poor light to newcomers, it also gives the wrong idea as to the kind of conduct that is deemed acceptable in an industry that many already have negative preconceived notions of, as well as disappointing existing fans.

There is, of course, the recent swatting case that took place in Kansas which saw an innocent man lose his life over a $2 Call of Duty wager match. The case made international news and again reflects poorly on the esports community. The industry most definitely doesn’t need added stigma in the mainstream press.

Going in to 2018, we must seek to develop a more professional image. Players should start being held to the same standard of top sporting personalities, especially as the two continue to converge.

Garner more mainstream media coverage

Samsung Galaxy versus SK Telecom T1 at the 2016 World Championship – Finals at STAPLES Center in Los Angeles, California, USA on 29 October 2016. Credit Riot GamesAlongside the industry growth, esports has started to have more of an impact on the mainstream over the last year. We’ve seen the UK’s largest national newspaper, the Daily Mail, hire their first full-time esports journalists. BBC Three provided weekly coverage for the Gfinity Elite Series and U.S. television channel TBS broadcast multiple ELEAGUE events, including titles such as Counter-Strike: Global Offensive and Injustice 2.

This is a solid start, but there remains plenty of room for growth in this area. With the way esports is going, mainstream media outlets would be foolish to ignore it much longer and the extra exposure would only further endorse esports and enhance its appeal to some of the major sponsors and investors considering getting involved.

That being said, many outlets have tried to create content around esports and not had much success. GQ recently published an article subtly scoffing at esports and professional gamers, as well as the BBC ending a solid piece of coverage with questionable remarks about the players they had just interviewed. That said, coverage has generally improved in recent years, exemplified by the work being done by BBC Three, TBS and Daily Mail.

With NBA teams such as the Cleveland Cavaliers and Golden State Warriors making their moves into esports, as well as investments from the likes of Jennifer Lopez and major American sports entrepreneur Stan Kroenke, it makes sense that esports will continue to converge with the mainstream but it requires a unified effort to further legitimise esports to those on the outside.

Improved communications between organisations and media

This links very closely with the previous point, but is just as important in itself. Often, teams make major decisions, such as agreements with notable sponsors, but lack PR representation to share the news. This, in turn, weakens the reach and value of any commercial deals or announcements. Having representative agencies or in-house PR staff to create and share press releases with the relevant outlets could have huge benefits in introducing teams or players to a wider audience.

Some of the larger organisations are now doing this, and so this may be something that comes as a result of a general development in stability for teams across the board. Regardless, it should certainly be high up on the agenda of any organisation who wishes to make a real splash in esports in the long term.

Better esports education from a UK perspective

Schoolchildren learning about esports Credit: British Esports AssociationAs esports continues to grow, so too does the number of people wanting to get involved in an industry that seems very selective from the outside. In 2017, we saw steps being made towards providing a better education of esports to people from a variety of backgrounds. Staffordshire University introduced their esports degree, set to start this year, and the University of Leicester partnered with ESL UK to “provide students with valuable insights into esports business”.

Further down the scale, the British Esports Association ran a fantastic scheme, bringing an esports after-school club to Maida Vale library, for local schoolchildren between the ages of 10-13. Here, children could try their hand at playing Rocket League as well as casting, and were able to listen to talks from British Esports Association volunteers. More recently there has been good work done by the team over at XIII Esports, again with a focus on grassroots in the UK.

The UK continues to lag behind in many major esports titles and education is imperative to break the perceived social stigma around esports and video games. In areas where esports education is more prevalent, such as South Korea and Scandinavia, esports has become highly respected and understood on a wider scale.

It cannot be stated quite how far esports has come in the last year alone, but should the aforementioned be fulfilled, the sky really is the limit. Some of the biggest names and brands in the world have invested in esports and should we make smart decisions, esports will continue to flourish.

Source: http://www.esportsinsider.com/2018/01/esports-2018-new-year-resolutions/

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#Gold Has Best Year Since 2010 With Near 14% Gain In 2017 #Mining $AMK.ca $EXS.ca $MQR.ca $GGX.ca $GR.ca $GZD.ca

Posted by AGORACOM-JC at 2:00 PM on Wednesday, January 3rd, 2018
  • Gold posted second straight annual gain in USD in 2017
  • Gold in 2017: up 13.6% USD, up 2.7% GBP, down 1.4% EUR
  • 2017 is gold’s best year since 29.5% gain in 2010
  • Strong performance despite rate hikes and stock bubble
  • India’s gold imports surged 67% in 2017, Turkish, Chinese demand strong
  • Gold finished 2017 with longest rally since June 2016
  • 2018: Currency War and The Year of the Phoenix?

Gold waved a very positive goodbye to 2017 and was delighted to shout ‘Happy New Year!’ to all investors. In doing so, gold bullion prices advanced for an eighth session yesterday, extending its longest stretch of gains since mid-2011.

This was the perfect start to a new year which followed an annual surge of nearly 14%. 2017 is the second year of gains for gold. In 2016 it posted 14% gains, its best gains since the 29.5% gain in 2010.

Gold bullion’s stellar advance is even more impressive when one considers the extremely mixed year that was 2017. It ranged from Federal Reserve rate hikes to rapidly advancing stock markets. The year’s events were like a tug-of-war on the drivers of the gold price.

Gold: bad or good?

2017 on paper perhaps should not have seen a 14% gain in the gold price.

There was an acceleration in global economic growth as countries began to keep pace with one another. Much to Trump’s delight official figures showed the U.S. economy performed well. Not only did the the unemployment rate touch a record low, but inflation also remained subdued.

Meanwhile the Fed hiked interest rates three times, something many believed would be the kryptonite to gold’s superhuman strength.

Investments that are often seen to as alternatives to gold performed exceedingly well. The U.S. stock market continued its record-breaking rally, while bitcoin and other cryptocurrencies experienced what can only be described as a bubblicious and parabolic rise in the last few weeks of 2017.

And, right at the last minute the Republicans managed to pass a very dodgy looking tax bill, prompting Trump to peacock around even more.

Following Trump’s election there had been high hopes for the price of gold. After all, here was a man who had been elected without political experience and on the back of creating social and economic divisions. However, following Trump’s inauguration there was a post-election sell-off at the start of the year. Many were clearly feeling positive about Trump’s impact on both the domestic and international stage.

As various unexpected scenarios played out, from failure to get much done in the White House to sober-rattling with North Korea, the precious metal began to climb. Towards the end of summer, in early-September the gold price hit a year-high of $1346/oz. It then quickly sold off.

Whilst the yellow metal finished the year with a respectable run of gains, the final figures did not match those of say, the S&P 500 which climbed by over 19% in the same year.

Does this mean that relatively speaking the gold price is something we shouldn’t be delighted with? Not at all. The year of 2017 was one of arguably bearish events for the price of gold yet it still made near 14% gains, better than money in a savings account.

This second year of climbing by gold should serve as a timely reminder that the precious metal is not something that will be poked and prodded thanks to short-term, unsustainable economic and political events. Gold investment is for the long-term and there is little benefit thinking that one event will affect the reasons to hold gold.

All of the ‘positives’ of 2017 such as low inflation, Fed hikes and tax bills being passed arguably came about because of farcical economic readings and political manoeuvring. None of the statistics or decisions made as a result are sustainable, particularly against a background of increasing geopolitical risk. The gold price reflected this, particularly in its reactions to what should have been bearish Fed-rate hikes.

It is safe to say that in 2018 gold will be sent significantly higher thanks to ongoing US dollar weakness, higher debt and deficits,  stronger growth combined with potential wage inflation, coming together in a perfect storm with geopolitical risks.

One of the key reasons for gold’s 14% climb in USD terms is thanks to the weakness in the US Dollar itself. There was a strong correlation between the gold price and the greenback in 2017. It’s also worth mentioning that the level of yield of the inflation-protected 10-year Treasuries at the end of the year was similar to the level at the beginning of the year (about 0.5 percent). People do not want the global reserve currency anymore.

2018: The year of the Phoenix?

Nearly 30 years ago The Economist predicted that 2018 would be the year of a new currency uprising. You have to give the magazine some kudos for this prediction. Given what we saw in 2017 with both the rise in bitcoin, cryptocurrencies generally and, of course, efforts by Russia and China to build financial allegiances away from the US dollar, a new world currency in 2018 is more likely than not.

That’s right, whilst the financial media can talk as much as they like about how great 2017 turned out to be, there were plenty of events behind the mainstream wall that were clearly preparing for a financial world where decisions of the last decade come back to bite us.

Moves by Russia and China to step away from US dollar hegemony continued and rapidly progressed in 2017. This forthcoming year does not suggest any sign of let up. Much of the moves away from the US dollar involve the use of gold as the intermediary currency. Exchanges and trade agreements are in full swing.

We also cannot mention 2017 without bitcoin. This was the year that the lead cryptocurrency truly arrived and established itself in the minds of the establishment.

As we have explained several times, bitcoin is not a substitute for gold. It has attracted a lot of hot money in the last year, but long-term this is not to the detriment of gold.

The upward trajectory of bitcoin places it firmly in bubble territory. This is good for gold, as Walter Otstott, a senior broker at Dallas Commodity Co. explained to Bloomberg. ‘If 2017’s hottest asset comes crashing back to Earth, speculative money may be drawn back into gold…He sees gold peaking at $1,600 an ounce next year, compared with the price on Friday of about $1,297.’

Our own experts also see great things for gold this year, particularly thanks to geopolitical threats by those truly looking to end US-power : North Korea.

GoldCore’s Mark O’Byrne told Bloomberg:

‘Gold could end the year at $1,500 if geopolitics heats up in North Korea or the Middle East.’ This is despite gold’s lack of reaction at the various threats from both Trump and Kim Jong-Un. However, gold loves uncertainty and this is certainty a situation which is dripping in volatile uncertainty.

2018: Will it hold its own against the last two years?

2017 showed us that there is still a show to be played out by governments and central banks. There is still a farce to be seen when it comes to reassuring us about the state of the global economy.

Gold’s price rise and the dollar’s weakness shows that there are question marks over this recovery. Gold may be indicating  the reality that very little has changed since the financial crisis. Any ‘fixes’ have been done with a bit of sellotape and little else. We build over the cracks rather than repair them.

Gold investors were rewarded this year for their patience. This is particularly the case given there is seemingly little difference to where we find ourselves today compared to the last two years. Arguably the world is much more uncertain.

2018 is a year not to take chances and to own physical, allocated an segregated gold. The risks in the system are bigger than ever and investors would be wise to take all measures to protect their wealth.

News and Commentary

Gold hits 3-1/2-month highs before dipping on dollar recovery (Reuters.com)

Asian Stocks Extend Advance After U.S. Tech Surge (Bloomberg.com)

Global Manufacturers Strain to Keep Up With Faster Economy (Bloomberg.com)

Gold hits three-month peak after late December rally (Reuters.com)

Silver will fare better than gold in 2018: Goldman Sachs (Rediff.com)

By itself gold could solve Sudan’s economic problems, mining minister says (DabangaSudan.org)

The criminal underwold is dropping bitcoin for another cryptocurrency (Bloomberg.com)

India gold imports surge 67 percent in 2017 on restocking, retail demand – GFMS (Reuters.com)

Turkey’s gold-backed bonds: Government in quest for hidden treasures (Nikkei.com)

Nomi Prins: The Next Financial Crisis Will Be Worse Than the Last One (ZeroHedge.com)

Gold Prices (LBMA AM)

03 Jan: USD 1,314.60, GBP 968.20 & EUR 1,092.96 per ounce
02 Jan: USD 1,312.80, GBP 968.85 & EUR 1,087.52 per ounce
29 Dec: USD 1,296.50, GBP 960.84 & EUR 1,082.45 per ounce
28 Dec: USD 1,291.60, GBP 960.43 & EUR 1,082.75 per ounce
27 Dec: USD 1,285.40, GBP 958.78 & EUR 1,081.54 per ounce
22 Dec: USD 1,268.05, GBP 947.74 & EUR 1,069.85 per ounce
21 Dec: USD 1,265.85, GBP 945.97 & EUR 1,065.09 per ounce

Silver Prices (LBMA)

03 Jan: USD 17.12, GBP 12.63 & EUR 14.25 per ounce
02 Jan: USD 17.06, GBP 12.59 & EUR 14.15 per ounce
29 Dec: USD 16.87, GBP 12.48 & EUR 14.07 per ounce
28 Dec: USD 16.74, GBP 12.46 & EUR 14.02 per ounce
27 Dec: USD 16.50, GBP 12.30 & EUR 13.87 per ounce
22 Dec: USD 16.18, GBP 12.08 & EUR 13.65 per ounce
21 Dec: USD 16.15, GBP 12.08 & EUR 13.61 per ounce

Source: http://news.goldseek.com/GoldSeek/1514986020.php

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Posted in All Recent Posts, American Creek Resources Ltd., Commodities, Explor Resources Inc., GGX Gold Corp., Great Atlantic Resources, Grizzly Discoveries, Monarques Gold | Comments Off on #Gold Has Best Year Since 2010 With Near 14% Gain In 2017 #Mining $AMK.ca $EXS.ca $MQR.ca $GGX.ca $GR.ca $GZD.ca

Augusta $AAO.ca Provides Sales Update $PHO.ca $DYA.ca $OPS.ca

Posted by AGORACOM-JC at 12:00 PM on Wednesday, January 3rd, 2018

Augustalarge

  • Entered into new agreements with various departments of the United States government for the supply of instrumentation and equipment
  • Aggregate value of the agreement was $297,432.98
  • Current backlog of orders, including these new contracts, is $1,842,857.64 as of December 31, 2017

Toronto, Ontario–(January 3, 2018) – Augusta Industries Inc. (TSXV: AAO) (the “Corporation”) is pleased to announce that it wholly owned subsidiary, Marcon International Inc. (“Marcon”), has entered into new agreements with various departments of the United States government for the supply of instrumentation and equipment. The aggregate value of the agreement entered into was $297,432.98. The current backlog of orders, including these new contracts, is $1,842,857.64 as of December 31, 2017.

“The Corporation is pleased to enter in these new contracts as it is a reflection of the continued efforts and hard work of the Corporation’s sales staff,” stated Allen Lone, President of the Corporation. “The Corporation’s sales efforts continues to result in increased sales and the Corporation will continue to focus on entering into additional contracts and developing additional relationships and opportunities with its existing clients.”

The Corporation also announces its shareholders’ meeting scheduled for January 12, 2018 has been postponed as the Corporation continues to finalize the terms and the mechanism for the proposed spinout of its wholly owned subsidiary, Fox-Tek Canada Inc. (“Fox-Tek”).

About the Corporation:

Through its wholly owned subsidiaries, Marcon and Fox-Tek, the Corporation provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment.

Fox-Tek provides world leading solutions to various sectors including the oil and gas industry. With non- intrusive technologies including: fiber optic sensors and electric field mapping systems; Fox-Tek is able to accurately measure changes that could negatively impact our client’s operations.

Corporation contact:

Allen Lone, President, CEO, Augusta Industries Inc.
Tel: (905) 275-8111 Ext 226, email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note regarding Forward-looking Statements

This news release includes certain information and forward-looking statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although the Corporation believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Corporation disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

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Marijuana Company of America’s $MCOA Overview of 2017 Highlights $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 8:47 AM on Wednesday, January 3rd, 2018

15233 mcoa

2017 HIGHLIGHTS

  • MCOA became a fully reporting company by filing a Form 10 with the SEC in May of 2017
  • In Q1 2017, MCOA entered into a joint venture partnership with Bougainville Ventures, Inc
  • In Q3 2017, MCOA and Global Hemp Group, Inc. (CSE: GHG) (OTC: GBHPF) entered into a joint venture partnership to develop commercial hemp production and processing in New Brunswick
  • In October 2017, MCOA and GHG jointly entered into a letter of intent  with Space Cowboys, Inc.

Escondido, California–(January 3, 2018) – MARIJUANA COMPANY OF AMERICA INC. (OTC Pink: MCOA) (“MCOA” or the “Company“), an innovative hemp and cannabis corporation, is pleased to announce its 2017 year-end review to its valued shareholders and interested parties.

Donald Steinberg, CEO of MCOA, said: “I am the founder of multiple startups, including Medical Marijuana Inc. (OTC: MJNA), which has a market cap of over 300 million dollars. I am aware of the challenges and opportunities these endeavors present, and the need for a strong foundation to build upon. Having experience in the structuring, development and operations of large global marketing companies in various industries, I believe Marijuana Company of America and its subsidiary hempSMART are poised to deliver significant value to our shareholders based on the foundations and accomplishments made in the past year. 

The Company has fulfilled its promise to its shareholders by becoming an audited and fully transparent reporting company with the Securities and Exchange Commission. We are participating in the cannabis space with our leasing operation in Washington. The hempSMART team has developed a line of products that can be viewed at www.hempsmart.com. We completed joint hemp trials in New Brunswick, Canada with Global Hemp Group, Inc. in 2017, and we expect to be starting commercial production in Spring 2018. There are a number of other projects we are completing due diligence on. I am thankful to the teams at MCOA and hempSMART for their accomplishments and due diligence in working through these various projects.  We will continue to build upon the diligent work of the past year as we continue to move forward and execute our business plan.”

Updates on hempSMART Products

The Company’s wholly owned subsidiary, hempSMART, Inc., distributes industrial hemp based CBD wellness products via network marketing. In September 2017, the Company completely revamped its website and network marketing platform to provide customers and affiliates with the necessary tools needed to become successful in the expanding $1.9 Trillion Wellness Industry. The Company has successfully filed a patent application with the U.S Patent and Trademark Office for full patent protection on its proprietary CBD formulation: “hempSMART™ Brain.” Also in 2017, hempSMART released two new products: “hempSMART™ Full Spectrum Drops” (Orange, Mint, Lemon, and Strawberry) and “hempSMART™ Pain Capsules.” Several more products are in development and the Company anticipates their release in Q1 2018.

Filing Form 10 with SEC and Completing Audit

MCOA became a fully reporting company by filing a Form 10 with the SEC in May of 2017. A PCOAB registered audit firm (L & L CPAs PA) completed a two-year audit of the Company’s 2015 and 2016 financial statements. This is an integral step to qualifying the Company to uplist its trading tier with OTC Markets to the OTCQB. This is an important step in helping MCOA raise necessary capital to fund it projects and expand operations, as well as provide more transparent and reliable information to investors. Currently, the Company is in the process of preparing and filing an S-1 registration statement with the SEC in order to raise the necessary capital to fund its aggressive growth goals for 2018. Due to the inherent legal complexity of the cannabis industry, it took considerable effort to address SEC comments pertaining to disclosures of our business and corresponding products. We believe there is a great deal of shareholder value by the Company distinguishing itself from a majority of cannabis public companies that elect not to be fully reporting SEC filers.

Cultivation Joint Venture in Washington State

In Q1 2017, MCOA entered into a joint venture partnership with Bougainville Ventures, Inc. (“BV”), who plans to construct a 30,000 sq. ft. greenhouse cultivation facility in Oroville, WA. The facility will accommodate a Tier-3 production and processing I-502 tenant with years of experience in cannabis cultivation. In Q4 of 2017, MCOA completed financing of $800,000 in cash and 15 million shares of the Company’s common stock to complete the amended terms of the agreement. The delivery of the first pre-designed greenhouses, with full tracking and reporting protocols has arrived and completed construction of the six greenhouses, totaling in a one-acre footprint, is expected in Q1 2018. This joint venture project is solely for the purpose of cultivation and processing of legal marijuana within the state of Washington only and not beyond its borders. The Company will lease the turnkey property to the licensed tenant, thus acting solely as a landlord. As of December 31, 2017, the first greenhouse was purchased and in the process of being constructed.

JV with Global Hemp Group in Canada

In Q3 2017, MCOA and Global Hemp Group, Inc. (CSE: GHG) (OTC: GBHPF) entered into a joint venture partnership to develop commercial hemp production and processing in New Brunswick, Canada. MCOA and GHG have now completed the first phase of hemp trials, receiving research support from the Collége Communautaire du Nouveau Brunswick (CCNB). MCOA is granted a Right of First Refusal as the primary recipient of any raw materials produced from the project, which we expect will harvest its first commercial crop of 125 acres in Q4 2018.

MoneyTrac Technologies Investment

In July 2017, MCOA completed an investment of $250,000 into MoneyTrac Technology, Inc. (“MTT”), a subsidiary of Global Payout, Inc. (OTC: GOHE) in exchange for 15% equity position in the company, to help establish and market MTT as an alternative banking solution for the Cannabis industry. MTT currently has the ability to integrate and streamline electronic payment processing such as E-wallet, mobile applications, debit cards, and credit cards. Currently, MoneyTrac Technology has strategic partnerships with top cannabis services such as GreenRush, BlazeNow, High Grade Management Group, and PotSaver, which was a majority acquisition last October.

BeniHemp Investment

At the end of Q4, the Company announced an investment of $100,000 for a 25% equity stake in Convenient Hemp Mart, LLC’s “BeniHemp” branded products to target convenience stores for CBD product distribution. BeniHemp products will include topicals, tinctures, and edibles conveniently packaged in 1-day, 2-day, and 30-day supplies. The target market is convenience stores, smoke shops, gas stations and similar small retail businesses. The expectation is that there will be a full launch and website online in January 2018.

Space Cowboys, Inc.

In October 2017, MCOA and GHG (“the Companies”) jointly entered into a letter of intent (LOI) with Space Cowboys, Inc. (“Space Cowboys“). Pursuant to the terms of the LOI, the Companies intended to invest US$2.5 Million in exchange for a 25% equity interest in Space Cowboys. However, the Companies are unable to complete due diligence and will not be moving forward with this project.

Joint Venture in Adelanto, CA

In March, MCOA entered into a joint venture agreement with GateC Research Inc. (“GCR”) for the purpose of developing a turnkey cultivation facility in Adelanto, California for leasing to GCR which owns a local permit for cultivation. GCR and MCOA are in the process of identifying and securing property to facilitate the project. MCOA will invest cash and stock to complete the agreement. With the recent legalization of cannabis for recreational use on January 1, 2018 in California, MCOA expects to focus its attention on actualizing this opportunity in California. This JV project is solely for the purpose of cultivation of legal marijuana within the state of California and not beyond its borders. The Company will act solely as a landlord in this JV.

Investor Relations

Also in 2017, MCOA engaged NetworkNewsWire (“NNW”) for the Company’s corporate communication solutions. NNW is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. NNW’s strategies help public and private organizations find their voice and build market visibility. As part of the Client-Partner relationship with MCOA, NNW will leverage its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs, and other outreach tools to generate greater brand awareness for the Company.

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 MoneyTrac Technology
MoneyTrac Technology, Inc. is a pioneer in offering a full-service solution for alternative banking and electronic financial solutions and provides all aspects of financial technology including E-Wallet and mobile apps services for businesses and companies in various “high-risk” industries. MoneyTrac’s technology platform allows for its clients to access their financial information from anywhere in the world, in addition to providing tracking and compliance to help them manage and control the flow of all revenue through their business.

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 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 establish a greater collective valuation.

About Bougainville Ventures, Inc.
Bougainville Ventures Inc. is in the business of investing in high grow companies and industries that lease land, equipment and other growing infrastructure to licensed marijuana producers and luxury crop growers. Bougainville itself is not a licensed marijuana grower or retailer but instead focuses on providing capital to companies which act as landlords and equipment leasing companies to licensed marijuana producers and luxury crop growers. The Company is in the process of being listed on the CSE in Canada.

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

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INTERVIEW: Namaste $N.ca $NXTTF Discusses Strategic Private-Label Software and Patient Referral Agreements with Aurora Cannabis $ACB.ca $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 4:33 PM on Tuesday, January 2nd, 2018

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Posted in AGORACOM Via Satellite, All Recent Posts, Featured, Namaste Technologies Inc. | Comments Off on INTERVIEW: Namaste $N.ca $NXTTF Discusses Strategic Private-Label Software and Patient Referral Agreements with Aurora Cannabis $ACB.ca $AERO $CBDS $CGRW $APH.ca $GBLX

Tetra Bio-Pharma $TBP.ca Enters into Agreement to Acquire Remaining 20% Interest in Phytopain Pharma Subsidiary $AERO $CBDS $CGRW $APH.ca $GBLX #CBD #Marijuana

Posted by AGORACOM-JC at 9:13 AM on Tuesday, January 2nd, 2018

Logo tetrabiopharma rgb web

  • Announced that it has entered into a share purchase agreement  with entities controlled by André Rancourt, Chairman of the Board of Directors of the Corporation, and Guy Chamberland, Chief Scientific Officer of the Corporation
  • Under the terms of the Purchase Agreement, Tetra will acquire from the Vendors all of the remaining issued and outstanding common shares of Tetra’s subsidiary, Phytopain Pharma Inc.

OTTAWA, ONTARIO–(Jan. 2, 2018) Tetra – Bio-Pharma Inc. (“Tetra” or the “Corporation“) (TSX VENTURE:TBP)(OTCQB:TBPMF), a global leader in cannabinoid-based drug development, today announced that it has entered into a share purchase agreement (the “Purchase Agreement“) with entities controlled by André Rancourt, Chairman of the Board of Directors of the Corporation, and Guy Chamberland, Chief Scientific Officer of the Corporation (collectively, the “Vendors“).

Under the terms of the Purchase Agreement, Tetra will acquire from the Vendors all of the remaining issued and outstanding common shares of Tetra’s subsidiary, Phytopain Pharma Inc. (“PPP“), currently held by the Vendors (representing 20% of the issued and outstanding shares of PPP) for an aggregate purchase price (the “Purchase Price“) of $12,425,089 (the “Transaction“). Upon completion of the Transaction, PPP will become a wholly-owned subsidiary of Tetra.

“Upon completion, this transaction will be a significant milestone for Tetra Bio-Pharma and all our stakeholders,” said Bernard Fortier, Tetra’s CEO.

“The two selling shareholders – our Chairman and our Chief Scientific Officer – are both committed to the long-term success of Tetra as evidenced by their agreement to accept shares in Tetra in lieu of an all- cash transaction. As well, a percentage of those shares are going to be released once certain key milestones for the company have been reached,” he said.

“This transaction will allow Tetra to gain 100% control of Phytopain Pharma, a key asset in the development of our pipeline of cannabinoid-based drugs and gives our company full flexibility to enter into other partnerships or agreements in the future.”

The Transaction is subject to customary closing conditions including, but not limited to, approval of the TSX Venture Exchange (“TSXV“) and any other approval that may be required by the TSXV.

The Transaction

Under the terms of the Purchase Agreement, the Purchase Price for the Transaction is comprised of the following:

  • Cash: An aggregate cash payment of $248,000 (the “Cash Payment“). Under the terms of the Purchase Agreement, the Cash Payment is payable in escrow as of the signature of the Purchase Agreement and has been paid to the Vendors’ legal counsel in trust for the Vendors pending receipt of approval for the Transaction from the TSXV. In addition, Tetra has agreed to pay the Vendors, immediately upon signature of the Purchase Agreement, a non-refundable amount of $200,000, payable out of the funds available for the Cash Payment, to induce the Vendors to provide an exclusivity of negotiation to the Purchaser for the Transaction.
  • Promissory Notes: Promissory notes issued by Tetra to the Vendors in an aggregate principal amount of $2,236,696 (the “Notes“), which Notes are payable in accordance with a specified milestone schedule as described in the Purchase Agreement. Pursuant to the terms of the Purchase Agreement, the Notes have been delivered to the Vendors’ legal counsel in trust for the Vendors pending receipt of approval for the Transaction from the TSXV.
  • Tetra Shares: Common shares of Tetra (“Common Shares“) will be issued to the Vendors as follows:
    • Upon completion of the Transaction, an aggregate of 2,485,218 Common Shares will be issued to the Vendors.
    • Upon completion of the Transaction, 7,455,653 Common Shares will be issued to
      Computershare Trust Company of Canada, as escrow agent (the “Escrow Agent“), to be held in escrow and released by the Escrow Agent under the terms and conditions set forth in the Purchase Agreement and the terms and conditions of an escrow agreement to be executed at closing by the Vendors, the Corporation and the Escrow Agent.

The Vendors under the Purchase Agreement are entities controlled by André Rancourt, Chairman of the Board of Directors of the Corporation, and Guy Chamberland, Chief Scientific Officer of the Corporation and are therefore considered “non-arm’s length parties” under the rules of the TSXV. Mr. Rancourt and Mr. Chamberland have properly disclosed their respective interest in the Transaction to the board of directors of the Corporation.

The Transaction constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). While MI 61-101 would generally subject the transaction to minority shareholder approval and formal valuation requirements, the Corporation will avail itself of the exemptions applicable under Section 5.5(a) of MI 61- 101.

Mr. Rancourt currently has ownership or direction and control over (i) an aggregate of 465,000 Common Shares, (ii) 1,600,000 options to acquire Common Shares and (iii) 4,000,000 Common Share purchase warrants, representing approximately 0.37% of the issued and outstanding Common Shares on a non- diluted basis and approximately 4.66% of the issued and outstanding Common Shares on a partially diluted basis. Further to the completion of the Transaction, and assuming that all of the Common Shares issued in escrow and allotted to Mr. Rancourt are released to Mr. Rancourt or an affiliate of Mr. Rancourt in accordance with the Purchase Agreement, Mr. Rancourt would then have ownership or direction and control over (i) 5,435,436 Common Shares, (ii) 1,600,000 options to acquire Common Shares and (iii) 4,000,000 Common Share purchase warrants, representing approximately 4.20% of the issued and outstanding Common Shares on a non-diluted basis and approximately 8.17% of the issued and outstanding Common Shares.

Mr. Chamberland currently has ownership or direction and control over (i) an aggregate of 1,250,000 Common Shares, (ii) 350,000 options to acquire Common Shares and (iii) 4,000,000 Common Share purchase warrants, representing approximately 1.00% of the issued and outstanding Common Shares on a non-diluted basis and approximately 4.32% of the issued and outstanding Common Shares on a partially diluted basis. Further to the completion of the Transaction, and assuming that all of the Common Shares issued in escrow and allotted to Mr. Chamberland are released to Mr. Chamberland or an affiliate of Mr. Chamberland in accordance with the Purchase Agreement, Mr. Chamberland would then have ownership or direction and control over (i) 6,220,436 Common Shares, (ii) 1,600,000 options to acquire Common Shares and (iii) 4,000,000 Common Share purchase warrants, representing approximately 4.78% of the issued and outstanding Common Shares on a non-diluted basis and approximately 8.70% of the issued and outstanding Common Shares.

Each of Mr. Rancourt and Mr. Chamberland proposes to acquire the common shares for investment purposes, and has no current intention to increase his beneficial ownership of, or control or direction over, securities of Tetra. These investments will be reviewed on a continuing basis and their holdings may be increased or decreased in the future.

The Transaction is subject to customary conditions including, but not limited to, approval of the TSXV. The Transaction has been unanimously approved by Tetra’s board of directors (with André Rancourt abstaining from voting) and Tetra anticipates that the Transaction will be completed in the first quarter of 2018.

About Tetra Bio-Pharma:

Tetra Bio-Pharma (TSX VENTURE:TBP)(OTCQB:TBPMF) is a biopharmaceutical leader in cannabinoid- based drug discovery and clinical development. Tetra is focusing on three core business pillars: clinical research, pharmaceutical promotion and retail commercialization of cannabinoid-based products. More information at: www.tetrabiopharma.com

Source: Tetra Bio-Pharma

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements

Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Corporation’s ability to control or predict, that may cause the actual results of the Corporation to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Corporation, through its wholly-owned subsidiary, GrowPros MMP Inc., to obtain a licence for the production of medical marijuana; failure to obtain sufficient financing to execute the Corporation’s business plan; the success of the Rx Princeps™ product offering and inhalation device; guidance on expected sales volumes associated with the Rx Princeps™ product offering and inhalation device; competition; regulation and anticipated and unanticipated costs and delays, and other risks disclosed in the Corporation’s public disclosure record on file with the relevant securities regulatory authorities. Although the Corporation has attempted to identify important factors that could cause actual results or events to differ materially from those described in forward-looking statements, there may be other factors that cause results or events not to be as anticipated, estimated or intended. Readers should not place undue reliance on forward-looking statements. The forward-looking statements included in this news release are made as of the date of this news release and the Corporation does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.

Tetra Bio-Pharma Inc.
Bernard Fortier, MBA
Chief Executive Officer
(514) 360-8040 Ext. 206
[email protected]
www.tetrabiopharma.com

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Aurora $ACB.ca and Namaste $N.ca $NXTTF to Complete Strategic Private-Label Software and Patient Referral Agreements $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 7:19 AM on Tuesday, January 2nd, 2018

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  • Namaste will provide CanvasRx with a customized, CanvasRx-branded version of NamasteMD
  • Namaste will provide CanvasRx with a two-year exclusivity period for the private label version of NamsteMD.com in Canada

EDMONTON and VANCOUVER, Jan. 2, 2018 – Aurora Cannabis Inc. (the “Company” or “Aurora”) (TSX: ACB) (OTCQX: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and Namaste Technologies Inc. (“Namaste”) (CSE: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) today announced the signing of a binding term sheet towards a final Private-Label Software Agreement (“Private Label Agreement”), whereby Namaste will provide Aurora’s wholly-owned subsidiary, CanvasRx Inc. (“CanvasRx”) with a customized version of Namaste’s patient acquisition tool, NamasteMD.com (“NamasteMD”),  as well as desktop and mobile applications for Google Android and Apple iOS platforms. The companies have 30 days to complete a final agreement.

Private Label Agreement

NamasteMD is an online telemedicine platform for patient consultation and registration, bringing together Namaste`s tested technology platform, including certain proprietary authentication technologies, as well as consultation, education and medical document issuance processes. Under the terms of the Private Label Agreement:

  • Namaste will provide CanvasRx with a customized, CanvasRx-branded version of NamasteMD
  • Namaste will provide CanvasRx with a two-year exclusivity period for the private label version of NamsteMD.com in Canada
  • Namaste will initially provide the application for both the Google Android and Apple iOS platforms
  • CanvasRx will require their own doctors and/or nurse practitioners to operate the platform
  • Commercial terms of the agreement are not disclosed
  • In consideration of Aurora’s assistance for the future optimization of NamasteMD, Namaste has issued Aurora 500,000 stock options, exercisable at $3.35 per common share for 48 months, vesting quarterly over 12 months.

Support Services Agreement

In addition, the companies have also signed a non-binding, non-exclusive Letter of Intent to complete a final Consultation & Support Services Agreement (“Consultation Agreement”), whereby Namaste will provide patient referral services to Aurora, where applicable under Canada’s Access to Cannabis for Medical Purposes (“ACMPR”) regulations. Under the terms of the Consultation Agreement:

  • Namaste shall provide certain patient-focused education and strain selection services, as well as assistance in preparing the requisite paperwork (Medical Documentation) for registering patients with Aurora
  • The Agreement is non-exclusive for a one-year term
  • Namaste shall provide the services under the agreement on preferential terms to Aurora
  • Commercial terms of the Consultation Agreement are not disclosed

The agreements further strengthen the strategic ties between the two companies, who already collaborate on eCommerce (sale of Namaste-sourced, curated selection of vaporizers through Aurora website, utilizing Namaste’s technology platform), and the distribution of BC Northern Lights products. Once completed, the new agreements will provide Namaste with recurring revenues through the private label platform, while Aurora will be the only licensed producer able to offer Namaste`s streamlined online patient acquisition platform under its own (CanvasRx) brand.

Management Commentary

“NamasteMD provides an innovative and efficient extension to our industry-leading in-person cannabis counseling and education services provided through CanvasRx,” said Terry Booth, CEO. “The new platform will enable us to extend our industry leading patient care to areas where we currently have no physical presence. This will allow us to leverage the strength of both the CanvasRx and Aurora brands, without having to commit to substantial investments in brick and mortar facilities. Namaste is a trusted partner with whom we already successfully collaborate on two promising initiatives, and we look forward to extending our partnership based on innovation and customer care excellence.”

Sean Dollinger, President and CEO of Namaste added, “We are thrilled to have Aurora, the industry’s most innovative and dynamic Licensed Producer, as our preferred strategic partner. Our drive to innovate meets the cannabis industry`s need for reliable technological solutions to improve operational efficiencies and expand the customer experience. We are very proud to be aligned with Aurora’s team, and look forward to executing on our ongoing collaboration.”

About Aurora

Aurora’s wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canada’s Access to Cannabis for Medical Purposes Regulations (“ACMPR”). The Company operates a 55,200 square foot, state-of-the-art production facility in Mountain View County, Alberta, known as “Aurora Mountain”, a second 40,000 square foot high-technology production facility known as “Aurora Vie” in Pointe-Claire, Quebec on Montreal’s West Island, and is currently constructing an 800,000 square foot production facility, known as “Aurora Sky”, at the Edmonton International Airport, as well as is completing a fourth facility in Lachute, Quebec through its wholly owned subsidiary Aurora Larssen Projects Ltd.

In addition, the Company holds approximately 17.23% of the issued shares in leading extraction technology company Radient Technologies Inc., based in Edmonton, and is in the process of completing an investment in Edmonton-based Hempco Food and Fiber for an ownership stake of up to 50.1%. Furthermore, Aurora is the cornerstone investor with a 22.9% stake in Cann Group Limited, the first Australian company licensed to conduct research on and cultivate medical cannabis. Aurora also owns Pedanios, a leading wholesale importer, exporter, and distributor of medical cannabis in the European Union, based in Germany. The Company offers further differentiation through its acquisition of BC Northern Lights Ltd. and Urban Cultivator Inc., industry leaders, respectively, in the production and sale of proprietary systems for the safe, efficient and high-yield indoor cultivation of cannabis, and in state-of-the-art indoor gardening appliances for the cultivation of organic microgreens, vegetables and herbs in home and professional kitchens. Aurora’s common shares trade on the TSX under the symbol “ACB”.

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 Boards of Directors

Terry Booth

Sean Dollinger

Chief Executive Officer

Chief Executive Officer

This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Aurora and Namaste are under no obligation, and expressly disclaim any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Neither TSX or CSE, nor their Regulation Services Provider (as that term is defined in the policies of Toronto Stock Exchange and CSE) accept responsibility for the adequacy or accuracy of this release.

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