Investor Ideas, Trading Ideas and Stocks to Watch : June 2019

Friday, June 28, 2019

The #AIEye: IBM (NYSE: $IBM) Watson Stands Out for Finance Solutions and Accenture (NYSE: $ACN) Teams with Mujin

The #AIEye: IBM (NYSE: $IBM) Watson Stands Out for Finance Solutions and Accenture (NYSE: $ACN) Teams with Mujin

#AI Image Recognition Market to Hit $5.32 Billion by 2024

Point Roberts WA, Vancouver BC – June 28, 2019 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:IBM) (NYSE:ACN)

In a digital workshop hosted by IBM Watson Marketing (NYSE:IBM) yesterday, IBM Watson technical program manager Giulio Soliani explained why Watson is the better bet among numerous competitors for AI solutions in the financial services industry.

Simplicity: “Whether you’re a developer or a business subject matter expert, you can leverage the Watson tooling made available so that you can train Watson without needing a PhD in machine learning.”

Built-in AI: “As you train and configure Watson, you can do so very quickly … because we have invested in building AI models that can get you up and running quickly.

Deploy anywhere: “Right now you can deploy IBM Watson on IBM Cloud, on your own private cloud, or on some of our competitor clouds.”

Data Ownership: “We’re very committed [to the idea] that your data remains yours as well as the insights generated thereof.”

Accenture (NYSE:ACN) and industrial robot maker Mujin are collaborating to deliver end-to-end intelligent service that uses artificial intelligence (AI) and robotics to help accelerate digital transformation in the logistics industry. Atsushi Egawa, country managing director of Accenture, Japan, explained:

"For organizations to accelerate transformation, they need to form broader ecosystems through cooperation with external partners. Mujin, as the world's leading robot technology provider, is essential to transforming manufacturing industries. Through the collaboration with Mujin, Accenture will strengthen its ecosystems in the AI and robotics fields and further drive transformation for clients. Accenture will also extend this initiative to the manufacturing field, aiming to optimize the whole supply chain."

AI Image Recognition Market to Hit $5.32 Billion by 2024

A report from Industry Research finds that the AI image recognition market will grow from $1.41 billion in 2018 to $5.32 billion by 2024 with a compound annual growth rate (CAGR) of 24.7 percent. An excerpt from the report description outlines the growth of AI image recognition in the banking sector:

Images are real and omnipresent, and unlike other forms of data, they cannot be forged easily. These traits make images repositories of big data, and hence, exploiting such data can be a great source of information for financial institutions.

The banking industry has been a major benefactor of AI, with firms in the BFSI industry relying on the technology for a diverse range of applications, like personalizing communication with customers, staying competitive in a continuously evolving market, and improving the productivity drastically through the automation of redundant tasks (which is a major task due to the conventional infrastructure in a number of old school financial institutions).

Banks have tons of unstructured data on interactions with customers, customer photographs, and old documents, to name a few. The data, if deciphered well, can provide valuable inputs for the future of the financial institutions.

Sam Mowers, Investorideas.com

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About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.

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#CryptoCorner: Goldman Sachs (NYSE: $GS) CEO Talks Interest in #Crypto, Binance Speaking to Facebook (Nasdaq: $FB) About Libra Listing

#CryptoCorner: Goldman Sachs (NYSE: $GS) CEO Talks Interest in #Crypto, Binance Speaking to Facebook (Nasdaq: $FB) About Libra Listing

Point Roberts WA, Delta BC, June 28, 2019 - Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

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June 28 Crypto Corner

Stocks discussed: (NYSE:GS) (NYSE:JPM) (NasdaqGS:FB)

In an interview with French finance publication Les Echos, Goldman Sachs (NYSE:GS) CEO David Solomon said Goldman was interested in tokenized payments and believed that stablecoins could constitute a viable future payment system.

“We do extensive research on the concept of "tokenization", the potential of which we believe, and which designates the creation through the blockchain of a stable digital currency based on a basket of real currencies that can move money across borders and without friction. This is the direction in which the payment system will go.”

Solomon was also asked if Goldman would follow JPMorgan Chase’s (NYSE:JPM) lead with the creation of its own digital currency.

“Absolutely! Many people are looking in this direction. But it is too early to say which platform will prevail. Sheryl Sandberg [Facebook operations manager, nldr] herself said we were still very, very far from the launch. Assume that all major financial institutions around the world are looking at the potential of "tokenization", "stable wedge" and frictionless payments.”

Finance Magnates reports that crypto exchange giant Binance is in talks with Facebook (NasdaqGS:FB) regarding the potential listing of the latter’s cryptocurrency Libra. Binance strategy officer Gin Chao spoke to Finance Magnates at the FinTech Junction Conference in Tel Aviv on Thursday, where he explained that it would be beneficial to Facebook to seek listing on exchanges like Binance.

“We have had official dialogue with Facebook. With regarding to listings specifically, right now they are going to be on a so-called ‘private chain.’ So that means they won’t be looking for external liquidity.

However, from what we understand the potential to be, that would lead them to wanting a secondary market. Currencies benefit from a secondary market, so it would be in their best interest to want to be listed.”

This was echoed by ShapeShift CEO Erik Vorhees, who expressed a similar interest in listing Libra. According to CoinDesk, Vorhees said:

“It’s too early because it doesn’t exist yet but I would love to integrate Libra into ShapeShift when it does exist.”

Crypto exchange Gemini announced via blog post yesterday that the company will be opening an office in Chicago. An excerpt from the blog reads:

Since May, we’ve seen bitcoin increase in value and this week it surpassed its 17-month high. Trading volumes across the industry and mainstream interest in cryptocurrency are on the rise. The time has never been more right to double-down on our mission to build safe and reliable institutional-grade infrastructure.

Sam Mowers, Investorideas

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Crypto Corner Sponsors:

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More info on the sector:

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For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

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New #Cannabis #Stocks Added to Investor Ideas; (OTC: $PHCG) (OTC: $BKIT) (OTC: $CBDY) (TSXV: $SPDR.V)

New #Cannabis #Stocks Added to Investor Ideas; (OTC: $PHCG) (OTC: $BKIT) (OTC: $CBDY) (TSXV: $SPDR.V)

Point Roberts, WA, Delta BC – June 28, 2019 – Investorideas.com, a global news source and investor resource covering cannabis and hemp stocks announces this week’s additions to its cannabis /hemp stock directory for investors following the sector.

Read this in full at https://www.investorideas.com/news/2019/cannabis/06281Stocks.asp

New cannabis companies added this week are involved in medical cannabis, CBD and vape/vaping products that include hemp and legal cannabis.

This week’s new Marijuana/Cannabis Stocks Added to the Investor cannabis stock directory:

Pure Harvest Cannabis Group, Inc. (OTC PINK: PHCG) is a development stage science-based medical cannabis company with a commitment to the highest quality products, ethical growing standards, environmental awareness, and corporate integrity. Pure Harvest intends to develop into a large scale vertically integrated producer and distributor in large, established, and growing markets. Pure Harvest is focused on developing precision dosed cannabinoid health and wellness consumer products. The Company's goals include establishing Pure Harvest Cannabis as an iconic consumer product brand offering a wide variety of cannabis/CBD products that can be sold in multiple international markets that have legalized cannabis and hemp-derived products. Pure Harvest recently merged with The Pocket Shot Company and plans to transition into a vertically integrated multi-state operator (MSO) and purveyor of the finest quality cannabis and hemp derived products for active life styles, and to support patient health and well-being.

Spyder Cannabis Inc. (TSX: SPDR.V) is an established chain of three high-end vape stores in Ontario, with stores located in Woodbridge, Scarborough and Burlington. The Spyder brand is defined by its high-quality proprietary line of e-juice, liquids and exclusive retail deals, dispensed in uniquely designed stores creating the optimal customer experience. Spyder is building off this leading retail, distribution and branding eCig and vapes company and expanding into the legal cannabis and hemp derived market. Spyder has developed a scalable retail model with aggressive expansion plan to create a significant retail footprint with targeted and disciplined retail distribution strategy focusing on Canadian retail and U.S. hemp kiosks in high traffic peripheral areas.

BioHemp International (OTC:BKIT) is a Company focused on rolling up a distribution platform for CBD providers to become the leading consolidation force in the CBD industry.

Target Group Inc. (OTCQB: CBDY) is a progressive, diversified, and vertically integrated cannabis acquisition company. Target Group is curating an iconic brand portfolio, leveraging product diversification, innovation, and operational expertise to solidify long-term growth and stability. The Company owns and operates Canary Rx Inc, a final-stage Canadian cannabis license applicant, and CannaKorp, makers of the pod-based Wisp™ Vapor technology. Target Group is expanding its global operations to build an international network of manufacturing, distribution, production, and sales operations.

For investors following the sector Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana / Hemp Stocks. Visit directory.

Investorideas.com global stock directories are part of the membership program on the site, accessed either by login and password or available in PDF format. The directories include stocks trading on the TSX, OTC, NASDAQ, NYSE and other recognized global stock exchanges, giving retail investors a wide variety of stocks to review. https://www.investorideas.com/membership/

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.

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Investor Ideas Adds New #Stocks in Mining (TSXV: $BRC.V, CSE: $MICH.C), Blockchain (CSE: $SIX.C), Tech (NYSE: $WORK), Entertainment and Luxury Brands

Investor Ideas Adds New #Stocks in Mining (TSXV: $BRC.V, CSE: $MICH.C), Blockchain (CSE: $SIX.C), Tech (NYSE: $WORK), Entertainment and Luxury Brands

Point Roberts WA, Delta BC, June 28, 2019 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces this week’s additions to its global stock directories in mining, blockchain, tech, entertainment and luxury brands.

Read this in full at https://www.investorideas.com/news/2019/main/06281Stocks.asp

The newest mining companies are both listed on Canadian exchanges.

The latest blockchain company crosses over into the renewable sector with its green power blockchain infrastructure model while the newest tech company provides business technology that brings together people, applications and data.

And finally, international furnishings company Walker Greenbank (LSE:WGB.L) and entertainment company Pantaflix AG (XETRA: PAL.DE) have been added to the luxury brands and entertainment lists, respectively.

New Mining Companies:

Blackrock Gold Corporation (TSX: BRC.V) is a junior gold-focused exploration company that is on a quest to make an economic discovery. Anchored by a seasoned Board, the Company is focused on their Silver Cloud property, a low-sulphidation epithermal gold & silver project, located along on the established Northern Nevada Rift gold trend in north-central Nevada.

Michelin Mining Corp. (CSE:MICH) is a junior natural resource company engaged in the acquisition and exploration of mineral properties. Michelin Mining is a Canadian mining company which has a head office in Vancouver, BC. Its current property is the Rude Creek property. The company plans to expand its portfolio of properties in the future.

New Crypto Companies:

Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) owns and operates an award-winning colocation data center in Sweden specializing in High Performance Computing ("HPC") hosting. The Company hosts third party IT infrastructure, utilizing 100% green power, at amongst the EU's lowest power prices and within an ISO27001 accredited facility. Hydro66 is uniquely positioned to capitalize on opportunities in blockchain infrastructure as well as the traditional Enterprise colocation data center market. The Company provides truly green power at a leading price, purpose-built space and cooling, telecoms, IT support services and 24/7 physical security in their facility in Boden, Sweden. Hydro66 help Enterprise, HPC Blockchain companies and Systems Integrators significantly reduce the cost and carbon footprint of data.

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New Tech Companies:

Slack Technologies, Inc. (NYSE:WORK) is where work happens. Slack is a new layer of the business technology stack that brings together people, applications and data – a hub for collaboration where people can effectively work together, access critical applications and services, and find important information to do their best work. People around the world use Slack to connect their teams, unify their systems and drive their business forward.

New Luxury Brand Companies:

Walker Greenbank (LSE:WGB.L) is an international luxury interior furnishings company that designs, manufactures and markets wallpapers and fabrics together with a wide range of ancillary interior products.

New Entertainment Companies:

Pantaflix AG (XETRA: PAL.DE) has been providing the best entertainment for the masses since 2009 – initially for German-speaking Europe, now for the whole of Europe, the US, Canada and parts of Asia, and soon the digital streaming platform PANTAFLIX will be available to customers all over the world. The establishment of PANTALEON Entertainment GmbH in Berlin in 2009 formed the basis for PANTAFLIX AG. Cinema films that have consistently featured among the most successful national productions of the respective year are made in Berlin, Munich, and Frankfurt am Main. Born as a specialist in commercial entertainment and a producer of a number of successful motion pictures (The Manny, The Break-Up Man, Hot Dog and many others) and internationally famous series (You Are Wanted), PANTAFLIX AG, with its subsidiaries, is now much more than a producer of unique audio-visual formats. Through pantaflix.com, thousands of films are delivered to households digitally – a unique distribution model that radically transforms the structures of the global production and distribution sector, shortens pathways and provides what has always been important to us: unique entertainment for the masses – anytime and anywhere.

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

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US #Hemp Industry Continues to See Big Growth - Snapshot (OTCQB: $SING) (TSX: $WEED.TO) (NYSE: $CGC) (TSX: $TGOD.TO) (OTC: $TGODF) (OTC: $GRNH)

US #Hemp Industry Continues to See Big Growth - Snapshot (OTCQB: $SING) (TSX: $WEED.TO) (NYSE: $CGC) (TSX: $TGOD.TO) (OTC: $TGODF) (OTC: $GRNH)

Point Roberts WA, Delta, BC - June 28, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering cannabis and hemp stocks releases a sector snapshot reporting on the continued growth in the US hemp industry, with a specific focus on production and cultivation, as both State and Federal government continue to support and update hemp industry reform and regulations.

Companies featured include SinglePoint Inc. (OTCQB: SING), Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) and GreenGro Technologies, Inc. (OTC: GRNH).

Read this in full at https://www.investorideas.com/news/2019/cannabis/06282US-HempIndustry.asp

The Massachusetts House recently passed a bill to help the State’s hemp industry grow and farmers cultivate on agricultural land by allowing farmers with agricultural deed restrictions on their land to grow hemp. The Bill passed in a vote of 152-0. This bill would ultimately expand the definition of agricultural land to include hemp, so farmers could receive the same tax and protection benefits as other farmers. The House expects this new bill to be a boost for farmers, jobs and the economy in the state of Massachusetts.

The US Department of Agriculture (USDA) also recently announced that it expects to have complete federal rules for domestic hemp production by August. Even in some of the states who planned to wait for federal guidance, hemp legislation has moved forward to allow farmers to participate in the 2019 season under the rules of the 2014 Farm Bill.

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), one of Canada’s largest cannabis companies has been anticipating entering into the US hemp/cannabis market for sometime through its acquisition of Acreage Holdings. The company recently reported that its shareholders voted overwhelmingly in favor of the proposed acquisition.

The Canopy Shareholder Resolution was approved by approximately 99.05% of votes at the meeting, in accordance with the requirements of the Toronto Stock Exchange. In addition to the approval by Canopy Growth shareholders, Acreage shareholders also approved the deal at the special meeting.

“On behalf of Canopy Growth, I thank the shareholders of both companies for their vote of confidence in this historic transaction,” Bruce Linton, Chairman and co-CEO of Canopy said in a statement.

“Completion of the transaction is intended to position us to efficiently and effectively enter the US cannabis market once federally permissible. Alongside our international market strategies and US Hemp strategy, we believe the acquisition of Acreage will be a key step in bolstering our position as a truly global company,” Linton noted.

When at full capacity, Canopy Growth’s American footprint, largely contracted with American farmers versus owned operations, will cover more than 4000 acres. Nearly half of that entire farming platform will be located in New York State, which will include approximately 1,000 acres of high-CBD hemp, along with an additional 1,000 acres of high-fibre hemp growth.

As a complement to these active farm operations, Canopy Growth continues to explore appropriate locations for its own industrial scale processing and manufacturing plants, with the anticipation that the assets of Acreage could also form a substantial part of the Company’s long-term strategic US platform, pending the finalization of the Transaction between Canopy Growth and Acreage.

SinglePoint Inc. (OTCQB: SING) recently announced that it has signed a $109,465,000 contract with Elite Foundation LLC of North Carolina to supply more than 275,000 pounds of premium hemp flower over a period of 15 months. The initial 1000 pounds of product has been approved and purchased.

The contract is the first major deal arising from the previously announced supply chain and co-selling agreement with Oregon-based Easy Street Services Company and J&J Empire, LLC. SinglePoint stands to make a large profit in the deal. Company management believes this deal along with the major success in solar provides the basis to move up to a listed exchange such as the NASDAQ or NYSE.

According to President Wil Ralston, “Our team, specifically our VP of Sales, Don Smith has worked tirelessly to make this a reality. We believe this is the catalyst toward closing a stream of substantial deals in our pipeline. Not long ago, SinglePoint made a significant commitment to be a major provider in the industrial hemp space; this agreement solidifies our place in the industry. In addition to raw material supply, we are negotiating distribution agreements to place finished goods in retail stores. There is a lot of opportunity in this burgeoning market and we are getting in everywhere we can. Our newest team member, Don Smith is a leader in these efforts.”

Don Smith has extensive experience in building startup companies that explode within emerging markets. Prior to joining SinglePoint, Smith spent eight years focused on the advancements in the organic sustainable food industry and its applications to the cultivation and growth of the legal cannabis business. In that time, he co-invented a "vertical cultivation" device. The invention and successful hydroponics business was sold to Greengro Technologies, Inc., where Smith served in various capacities including Chairman and CEO.

BDS Analytics and Arcview Market Research project that the collective market for CBD sales in the US will surpass $20 billion by 2024 while New York-based investment bank Cowen & Co, estimates that the market could pull in $15 billion by 2025. The smokable hemp market currently represents approximately 2% of the overall CBD market, but with a 250% growth from 2017 to 2018, Brightfield Group, a Chicago-based cannabis market research firm, identifies dried and smokable hemp flowers as one of the fastest-growing segments of the CBD market. SinglePoint’s bold entry into the hemp flower market positions the company as one of the leading hemp flower wholesalers in the country.

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) recently announced its expansion into the global organic hemp CBD market with the launch of its Global Strategic Hemp Division. This new division will leverage TGOD's solid expertise in the European hemp CBD market to fuel growth and accelerate the development and commercialization of new products across its network of international partners.

"With the global CBD market expected to hit $22 billion in less than 3 years, it is clear that the segment is drawing substantial consumer demand," commented Brian Athaide, CEO of TGOD. "Our team has years of direct hands-on experience in the CBD space and we are excited to use this advantage to execute on a fast-moving market expansion strategy. CBD is a wellness product and has a natural fit with TGOD's certified organic positioning and the large segment of consumers who are increasingly demanding natural and organic products. The time to act is now, and TGOD has the team, the infrastructure and the capital to establish a significant presence in this market."

The Company plans to enter the US hemp CBD beverage market through existing partnerships, providing TGOD with maximum flexibility and the ability to go to market with hemp-based CBD beverages quickly and with a capital light model.

"Hemp is an incredible crop, one we can manufacture into mass market organic CBD products to establish an immediate market presence in Canada through tinctures and oils, while we prepare for the introduction of additional delivery methods such as vapes, beverages, edibles and topicals later this year," added Athaide.

GreenGro Technologies, Inc. (OTC: GRNH), recently announced that in less than 30 days since the launch of the Company’s hemp seed farm in Southern California, CBD Ventures Inc. - a CBD and hemp focused division of GreenGro Technologies which oversees the hemp seed farm - it has already signed its first contract and completed its first sale. This near-immediate success is in direct correlation to the growing demand for high quality CBD hemp seeds which GreenGro Technologies is perfectly situated to develop and distribute, particularly with the science contributed by its Genobreeding Division.

“Due to the market’s instant demand for our feminized low-THC, high-CBD hemp seeds, the Company feels this is a clear testament of our efforts to grow the reputation as a company who is able to develop and distribute large quantities of CBD hemp seeds with the highest quality standards across each and every single seed,” said Matthew Burden, Chief Executive Officer of GreenGro Technologies, Inc. “This is a direct result of our strategic initiatives playing out as planned beginning with our restructuring and cost savings plan followed by the creation of our three key revenue centers, CBD Ventures, Cannabis Ventures and Genobreeding, which is able to leverage the strengths of the other to maximize our true potential. As we continue to emerge as a truly vertically integrated company in the cannabis space, we are confident that our CBD hemp seed farm will prove both profitable and a key to solidifying our footprint across the nation as we continue implementing our growth strategy,” concluded Mr. Burden.

As more states sign hemp legislation and with the expected USDA federal hemp rules expected in August, the continued growth and rise of hemp and CBD doesn’t seem to be slowing anytime soon and offers many companies solid revenues while awaiting changes to federal cannabis regulations in Canada and federal legalization in the US.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

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Investor Ideas, Trading Ideas and Stocks to Watch

Friday, June 28, 2019

The #AIEye: IBM (NYSE: $IBM) Watson Stands Out for Finance Solutions and Accenture (NYSE: $ACN) Teams with Mujin

#CryptoCorner: Goldman Sachs (NYSE: $GS) CEO Talks Interest in #Crypto, Binance Speaking to Facebook (Nasdaq: $FB) About Libra Listing

New #Cannabis #Stocks Added to Investor Ideas; (OTC: $PHCG) (OTC: $BKIT) (OTC: $CBDY) (TSXV: $SPDR.V)

Investor Ideas Adds New #Stocks in Mining (TSXV: $BRC.V, CSE: $MICH.C), Blockchain (CSE: $SIX.C), Tech (NYSE: $WORK), Entertainment and Luxury Brands

Get more Bitcoin and Blockchain Investor ideas - news, articles and stock directories

US #Hemp Industry Continues to See Big Growth - Snapshot (OTCQB: $SING) (TSX: $WEED.TO) (NYSE: $CGC) (TSX: $TGOD.TO) (OTC: $TGODF) (OTC: $GRNH)

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