Friday, March 22, 2019

#CryptoCorner: Overstock’s tZero to Launch Mobile Crypto Trading App, SBI Group Announced Crypto Mining Subsidiary; Stocks discussed: (NasdaqGM: $OSTK) (TYO:8473) (NYSE: $BABA)


#CryptoCorner: Overstock’s tZero to Launch Mobile Crypto Trading App, SBI Group Announced Crypto Mining Subsidiary; Stocks discussed: (NasdaqGM: $OSTK) (TYO:8473) (NYSE: $BABA)



Point Roberts, WA, Delta BC,  March 22, 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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March 22 Crypto Corner

Overstock’s tZero to Launch Mobile Crypto Trading App, SBI Group Announced Crypto Mining Subsidiary, Mining Giant Bitmain Deploys $80 Million Worth of Equipment to China and Alibaba Signs Agreement with Software Developer for Cloud Computing and Blockchain
Stocks discussed: (NasdaqGM:OSTK) (TYO:8473) (NYSE:BABA)

Overstock’s (NasdaqGM:OSTK) security token platform, tZero, will launch its own mobile trading app, according to CoinDesk. Scheduled to launch in June this year, the app will feature buying and selling of Bitcoin (BTC) and possibly Ether (ETH), and is being developed by crypto startup Bitsy. tZero CEO Saum Noursalehi told CoinDesk:

“That’s part of the reason we acquired Bitsy — to accelerate time to market for our mobile app. They have an app for trading crypto, primarily bitcoin, in a beta-phase, they built a wallet and key recovery mechanism, and this will be the foundation of the mobile app for tZERO. They are also working on some cool stuff like biometric login.”

Japanese financial services giant SBI Group (TYO:8473has announced the establishment of a subsidiary that will produce crypto mining chips. The new venture will be called SBI Mining Chip Co., Ltd. (SBIMC). An excerpt from the announcement reads:

The SBI Group strongly promote on a wide range of businesses based on the digital asset, including cryptocurrency exchange business and other blockchain related businesses. The Group has practiced its cryptocurrency mining business at overseas and has now decided to expand its business scope to the manufacturing of mining chip itself and development of mining systems, through SBIMC.

Another report from CoinDesk reveals that crypto mining giant Bitmain will deploy 200,000 units of mining equipment in China to take advantage of cheap hydroelectric power this summer. The equipment is estimated to be worth around $80 million. The CoinDesk article points out that the cheaper energy has resulted in a surge of activity in the region.

With excess electricity generated by hydropower stations in China’s mountainous southwest that could be as low as $0.037 per kilowatt hour, the opportunity to mine profitably again has attracted an influx of miners to the region.

Chinese conglomerate Alibaba (NYSE:BABA) and software developer Aerospace Information Co. have signed a strategic cooperation agreement for cloud computing services, blockchain, and other fields. An excerpt from the announcement reads:

In the field of blockchain, we will jointly provide cloud solutions to promote the development of the blockchain industry. In the field of enterprise market services, we will coordinate the implementation of credit reporting services and smart mobile office services.



Sam Mowers, Investorideas

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#Cannabis Companies Prepare for Legal Sales of Cannabis/Hemp Beverages; (CSE: $POT.C) (OTC: $HIPH) (CSE: $KBEV.C) (TSXV: $ZENA.V)


#Cannabis Companies Prepare for Legal Sales of Cannabis/Hemp Beverages; (CSE: $POT.C) (OTC: $HIPH) (CSE: $KBEV.C) (TSXV: $ZENA.V)


Point Roberts, WA and Delta, BC - March 22, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot focusing on the latest distribution agreements for cannabis/hemp infused beverages as companies prepare for legal sales.

There has been an abundance of speculation surrounding the beverage section of the cannabis/hemp industry but that is coming to an end, as many companies reach distribution deals to have their products on shelves and available online.

American Premium Water Corporation (OTC: HIPH) is looking at both avenues, having announced that it has launched an updated e-commerce website for its LALPINA CBD brand. The new website will be at www.lalpinahydrocbd.com and will utilize GreenBox POS proprietary blockchain based payment process technology, which will allow for uninterrupted e-commerce sales.


American Premium CEO, Ryan Fishoff, commented, “I am happy to announce that LALPINA has a new e-commerce website for its CBD beverage. The Company has been working on this project for awhile; I feel that LALPINA has a website that is commiserate for its stature in the industry. Having Greenbox’s blockchain payment processing technology will give the Company stability on its online sales channel, which will allow us to ramp up social media marketing and sales initiatives.”

This came after the company announced that its LALPINA CBD will be sold in General Nutrition Center locations, one of the world’s largest vendors of health and nutritional products, with over 4600 outlets in the US and 1900 international stores.
Weekend Unlimited Inc. (CSE: POT) (OTC: WKULF) recently announced that Verve Beverage Company has scheduled production for its CHAMP Energy and Verve beverage lines.
"We specifically targeted this point in time to launch our Full Spectrum Hemp products into the market as part of our activation at the HEMP TODAY experience at SXSWTM this week," said Mr. Brad Robb, President of VBC.
"This represents a significant achievement for the Company, launching our brands with a focus on revenue generation. The VBC brand team is advancing their plan to reach market right on our schedule, the responses to the product line from distributors has allowed us to produce an aggressive first run to accelerate the build out and recognition of VBC's product brands into the consumer marketplace," said Weekend Unlimited President and CEO, Mr. Paul Chu.
Koios Beverage Corp. (CSE: KBEV) (OTC: KBEVF) recently provided a corporate update on their sales and distribution.

From the news:
“During Q1 of 2019, Management's priorities and main focus were to secure major retail distribution and to drive sales through its e-commerce and Amazon platforms. During the first quarter, Koios secured supplier agreements with two of the largest retailers in the world and added an additional 4,000 retail locations carrying its products across the United States. Purchase orders from February 1, 2019 through March 13, 2019 total more than CAD$734,876 excluding online revenue. Based on the success of sales obtained from its current channels and conversations with its retail partners, Management estimates that it will add an additional 2,500 retail locations carrying its products across the United States in Q2 of 2019.”

Zenabis Global Inc. (TSXV: ZENA) seems to be waiting until October when Canadian legislation is expected to change to allow for edibles and beverages. The company announced its beverage plans back in January with the acquisition of 51% of Hillsboro Corp Inc. ("True Buch").

From the news:
“True Buch is a kombucha company with expertise in the creation of cultured tea beverages. True Buch cultured tea beverages are raw, unpasteurized, gluten free and non-GMO, with over 11 distinct flavours. Zenabis and True Buch intend to draw on each other's expertise to infuse cannabis into True Buch beverages when permitted under applicable laws and regulations, creating a cultured tea beverage CBD or THC product.”

With product sales now within reach, either online or in store, investors will finally have a more realistic assessment of the beverage sector within the cannabis industry. We can expect more and more eyes to be on the Q3 and Q4 financials of multiple cannabis/hemp beverage companies as many are expected to have live sales in the coming months.

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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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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#Cannabis with a Touch of Sun; Solar Energy takes role in Cannabis Production; (TSX: $VFF.V) (OTC: $SING) (CSE: $HUGE.C) (CSE: $BGRD.C)


#Cannabis with a Touch of Sun; Solar Energy takes role in Cannabis Production; (TSX: $VFF.V) (OTC: $SING) (CSE: $HUGE.C) (CSE: $BGRD.C)

Point Roberts, WA and Delta, BC - March 22, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases the first article in a two part series on how the growing global cannabis market is boosting ancillary markets, including the solar/cleantech industry.

Recently MarketsInsider noted, “Marijuana appears to be the fastest-growing job sector in the US, adding 64,389 full-time legal cannabis jobs in 2018, according to a new report from the cannabis website Leafly and the consultancy Whitney Economics, representing a 44% increase in total positions, which rose to 211,000.”


“And that's not counting jobs indirectly related to the marijuana industry, like lawyers, accountants, security consultants, media companies, and marketing firms. With those included, the report said, there were 296,000 payrolls in the sector last year.”

One sector getting a major boost from cannabis is solar, due in part to the high energy requirements of indoor grow facilities and the cannabis industry as a whole.

Village Farms International, Inc. (TSX:VFF) (OTCQX:VFFIF) first realized the advantages of solar in 2016, when they, SolarCity and MP2 Energy agreed to build a 2 megawatt solar array adjacent to Village Farm’s 30 acre Permian Basin Division greenhouse in Monahans, Texas. The solar system provides the facility with nearly all of its daytime electricity needs, and will generate more than 82 million kilowatt-hours of power over the life of the system.

SinglePoint (OTC: SING), a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration in the mobile payments, ancillary cannabis services and blockchain solutions, recently announced signing an asset purchase agreement to acquire Direct Solar and AI Live Transfers. The two companies are providing what has been described as ‘the Lending Tree Model for solar business.’ With the proposal of The Green New Deal, solar is at the forefront of every conversation and will continue to be top of mind as the nation grows through an "energy shift" to renewable resources such as solar.
According to Zion Market Research, the global Solar Panel Market accounted for USD $30.8 Billion in 2016 and is expected to reach USD $57.3 billion by 2022 growing at a CAGR of 10.9% between 2017 and 2022.
Cannabis producer FSD Pharma Inc. (CSE: HUGE) (OTC: FSDDF) and Solarvest BioEnergy Inc., a technology company which has developed an algal-based flexible production platform capable of producing health products, recently announced that they have signed a non-binding letter of intent to enter into a definitive agreement in which Solarvest would conduct research using its algal expression technology to develop pharma-grade cannabinoids. The Parties would make mutual investments into one another and Solarvest would grant FSD Pharma an exclusive license over a subset of the Project Cannabinoids and certain royalty rights over all of the other Project Cannabinoids.

“If successful, this could dramatically disrupt current cannabis cultivation methods for medical purposes. It could reduce the majority of time, space and costs associated with cannabis cultivation for medical purposes, specifically cannabis with GMP Certification. We are very pleased to collaborate with Solarvest on the development of promising alternative methods of cannabinoid production using algal technology” said Zeeshan Saeed, President and Founder of FSD Pharma. “We have been impressed by Solarvest’s management knowledge and operations and believe that future commercial production of cannabinoids using their algal-based production platform combined with our proposed investment in Solarvest have the potential to create significant value for our shareholders.”

Braingrid Limited (CSE:BGRD) (OTC:BGRDF), a global provider of affordable, scalable and easy-to-deploy sensor platforms for precision agriculture is adopting solar in a different way, having announced the first commercial deployment of its innovative, self-powered Sentroller S precision agriculture technology at Canadian licensed producer WeedMD Inc.'s modern greenhouse facility, located in Strathroy, Ontario. 

Sentroller S brings all the great features of Braingrid's original Sentroller platform to cultivators including quick installation, online dashboards and reports, as well as email alarm notifications.  This allows growers the peace of mind that their cannabis crops are safe and thriving.  The self-powered Sentroller S uses a solar panel that enables an even quicker install and limitless possibilities for sensor placement.  This true wireless freedom helps cultivators monitor growing conditions where it matters - in and around the plant canopy where power connections are not often available.
         
With more cultivation and processing facilities going into construction every week, the high energy demands placed on energy grids or the need for microgrid solutions are expected to have a huge influence on the solar energy sector. Continued in part 2 of this series we look at how not only solar, but many other ancillary sectors are being boosted by rapid growth in the cannabis sector.
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

Visit Investorideas.com renewable energy stocks directory for investors following the sector.

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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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#Fintech and #Cannabis Combine for 2019; (NASDAQ: $NETE) (OTC: $GOHE) (CSE: $CNNA.C) (OTC: $REFG)


#Fintech and #Cannabis Combine for 2019; (NASDAQ: $NETE) (OTC: $GOHE) (CSE: $CNNA.C) (OTC: $REFG)

Point Roberts, WA and Delta, BC - March 22, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering tech and cannabis stocks releases a snapshot looking at the continued growth of payment solutions in the cannabis industry and how participating companies are preparing for the future as regulations change.

A recent article from MarijuanaBreak.com, discussed the ups and downs of payment processing in the legal cannabis market and why payment solution alternatives are so necessary in this industry; “As of 2017 only around 300 of the 11,000 operational banks in the U.S. will comply with legal marijuana companies or vendors.” The article goes on to discuss the downsides caused by this lack of financial access, such as security (for cash only dispensaries), regulation issues (payment solutions companies unfamiliar with the legal landscape) and customer access (an inability to expand or increase online sales due to lack of accepted payment options).


This is where companies like Net Element, Inc. (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payment acceptance in a multi-channel environment, including point-of-sale, come into play, having announced its entrance into the cannabis sector in October of last year. The company also recently announced that its subsidiary, Unified Payments is among the first companies to achieve self-regulatory certification from the Electronic Transactions Association.

Global Payout Inc. (OTC: GOHE), who through its subsidiary, provides electronic wallet and e-banking financial solutions for the marijuana industry, recently announced transactional data and revenue into Q1 of 2019 which highlights the continued growth, adaptation, and overall benefit to the one-of-kind MTrac Payment Solution.
As has been the trend since the current iteration of the MTrac system was deployed back in October, totals associated with daily and monthly sales and transactional volume along with the average ticket cost processed within the system continue to climb each month at what the Company perceives to be a very steady and encouraging pace, and the first quarter is seeing a continuation of this very positive trend.
Global Payout Inc. and its wholly owned subsidiary, MTrac Tech Corporation also announced that the US Patent and Trademark Office has federally registered its patented slogan, ‘The Key to Cashless®’ under Trademark Registration #5705041.

“This slogan represents our philosophical vision for the financial solutions our team is delivering to an industry in need,” said Vanessa Luna, MTrac CEO. “The cannabis industry has, in my opinion, been federally handcuffed by Schedule 1 classification, and all of the state-licensed cannabis businesses, who are doing everything correct from a regulatory compliance perspective to remain in good standing with its state and local governments, and who are creating jobs and generating tax revenue for the betterment of communities, have been effectively cut off from traditional banking services. These organizations have endured many challenges such as high security costs, managing financial expenditures, and all of the risks associated with cash-only or cash-heavy operations,” says Ms. Luna.

CannaOne Technologies (CSE: CNNA) is not only focused on the US, but on international cannabis markets as well, having announced that it has entered into a formal agreement with Manna Health Services SA de CV of Mexico City ("Manna"), to undertake the development, launch and operation of an industry leading online CBD product purchase and delivery marketplace for the Country of Mexico.

"BloomKit, our enterprise software solution, will give Manna the capability to offer a flagship and fully operational online CBD marketplace once Mexican regulations are finalized. For example, It will offer Manna the ability to inherently monitor and track pick-up and delivery logistics, and the capability to deliver historical and current trending analytics to ensure optimal management of all CBD sales channels. It will provide this all with the benefit of a simple and easy to use built in eCommerce solution."

Medical Cannabis Payment Solutions Inc. (OTC: REFG), another leading provider of regulatory-compliant financial services for state-sanctioned marijuana, provided an update on its activities in 2018 and its 2019 strategic direction;

"We announced last September that we have launched our nationwide banking solution for state-sanctioned cannabis. We're happy to announce today that we have several dozen accounts open and over 120 applications in our queue," said Jeremy Roberts, the company's CEO. "Not only does this provide a revenue stream for the company, but we believe we are the only company currently providing banking services in all states with legalized cannabis."

"Our corporate mantra has always been compliance, security and accessibility. And we're currently hitting on each of those principles. With the commercialization of Go!, which represents our single most important milestone to-date, we are on the cusp of an entire new era of growth and expansion as cannabis as well as other industries begin to adopt our payment solution," continued Mr. Roberts.

Compliance, security and access will continue to be key factors affecting the cannabis industry and 2019 looks to be a promising year for payment solution companies aiming to put their products to the test in one of the fastest growing sectors.

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

About Investorideas.com
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. 
Cannabis Social Media

Disclaimer/Disclosure:. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more.. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring Global Payout Inc. (GOHEis a paid for service on Investorideas.com – third party. Learn more about costs and our services https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors:: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

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