The #AIEye: Microsoft (Nasdaq: $MSFT) and BMW Announce Open Manufacturing Platform, Intel (Nasdaq: $INTC) Invests $117 Million in #AI Startups and HP’s (NYSE: $HPE) Aruba Introduces AI-Powered ClearPass Device Insight Solution

The #AIEye: Microsoft (Nasdaq: $MSFT) and BMW Announce Open Manufacturing Platform, Intel (Nasdaq: $INTC) Invests $117 Million in #AI Startups and HP’s (NYSE: $HPE) Aruba Introduces AI-Powered ClearPass Device Insight Solution

Global AI in BFSI to See 40% CAGR From 2019-2026

Point Roberts WA , Vancouver BC – April 2, 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:

https://www.investorideas.com/Audio/Podcasts/2019/040219-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/04021AIEye-MSFT-BMW-INTC-HPE.asp

Hear the AI Eye on Spotify

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

Global AI in BFSI to See 40% CAGR From 2019-2026

A report from The Research Insights finds that the global AI in BFSI (banking, financial services and insurance) market will exhibit a compound annual growth rate (CAGR) of 40 percent in the forecast period 2019-2026. An excerpt from the report description reads:

Financial institutes are leveraging on the AI to collect, report, and analyze large chunks of data to extract meaningful insights about the customers to meet their requirements. The ability of the technology to perform tasks, such as processing natural language and recognizing images, speech & text, and advanced machine learning algorithms, is a factor that will augment demand for the technology. The need to provide better customer support, enhance process automation, and improve decision-making process generates the demand for artificial intelligence in the BFSI market.

Microsoft and BMW Announce Open Manufacturing Platform, Intel Invests $117 Million in AI Startups and HP’s Aruba Introduces AI-Powered ClearPass Device Insight Solution

Stocks discussed: (NasdaqGS:MSFT) (NasdaqGS:INTC) (NYSE:HPE)

Microsoft (NasdaqGS:MSFT) and BMW Group have announced the Open Manufacturing Platform (OMP), a “new initiative to drive open industrial IoT development and help grow a community to build future Industry 4.0 solutions”. Scott Guthrie, executive vice president, Microsoft Cloud + AI Group, said:

"Microsoft is joining forces with the BMW Group to transform digital production efficiency across the industry. Our commitment to building an open community will create new opportunities for collaboration across the entire manufacturing value chain."

Intel Corporation (NasdaqGS:INTC) has announced $117 million of investments in 14 tech startups creating AI platforms at the Intel Capital Global Summit this week. Wendell Brooks, Intel senior vice president and president of Intel Capital, said:

“Intel has driven disruption for the last 50 years, changing the way we live by making compute ubiquitous. Intel Capital is continuing that legacy of disruption with these investments. These companies are shifting the way we think about artificial intelligence, communications, manufacturing and health care – areas that will become increasingly essential in coming years as the linchpins of a smarter, more connected society.”

Hewlett Packard (NYSE:HPE) company Aruba has introduced the AI-powered ClearPass Device Insight solution, which “delivers a single pane of glass for device visibility employing automated device discovery, machine learning (ML) based fingerprinting and identification”. According to the press release, “these solutions allow enterprises to remove IoT security and connectivity barriers, while decreasing associated operational costs and complexities”.

Sam Mowers, Investorideas.com

Read and hear other editions of the AI  Eye

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

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. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. 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, contents creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp ,

Global investors must adhere to regulations of each country.

Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

The AI Eye-  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

Contact Investorideas.com

800 665 0411

#CryptoCorner: #Crypto Rallies, Coinbase Allows Cross-Border Payments, Swiss Stock Exchange SIX Lists XRP ETP

#CryptoCorner: #Crypto Rallies, Coinbase Allows Cross-Border Payments, Swiss Stock Exchange SIX Lists XRP ETP

Point Roberts WA, Delta BC,  April 2, 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 .

Listen to today’s Crypto Corner Podcast:   https://www.investorideas.com/Audio/Podcasts/2019/040219-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2019/crypto-corner/04021Coinbase-Swiss.asp

Get the Crypto Corner Podcast on iTunes

Subscribe to Podcast RSS feed:

https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml

April 2 Crypto Corner

The crypto market has seen a considerable rally, jumping from a total market of $147 billion to about $163 billion in the space of about an hour late last night. At press time, total market capitalization is still hovering around the $163 billion mark, according to data from CoinMarketCap. Bitcoin (BTC) has rocketed about 14 percent for a current trading price of $4737. And behind it are Ether (ETH), XRP and Litecoin (LTC), which have grown 10, 8.5 and 15 percent, respectively. Bitcoin Cash (BCH) has also performed well, having rallied 18.5 percent for a current trading price of just shy of $200.

A recent announcement from Coinbase indicates that the crypto exchange giant has made cross-border payments possible. Users can send money internationally for no charge using XRP of Coinbase’s stablecoin USDCoin (USDC).

You can now send money to any user with a Coinbase account around the world using XRP or USDC. By using cryptocurrencies that are optimized for cross-border transmission, you can send and receive money virtually instantly by sending those cryptocurrencies and having the recipient convert them into local currency. There’s zero fee for sending to other Coinbase users and a nominal on-chain network fee for sending outside of Coinbase.

Switzerland’s main stock exchange, SIX, has listed an XRP exchange-traded product (ETP) today. The product is known as Amun Ripple XRP (AXRP) and was issued by Amun AG. Amun AG co-founder and CEO Hany Rashwan told Coindesk:

“We seek to create an easy, safe, and regulated way for investors to access the crypto asset class.”

and that:

“We plan on launching other strategies, more single asset ETPs, and more indices! We are planning on having 6–8 additional launches this year.”

An official statement today reveals that the Malta Financial Services Authority (MFSA) has approved 14 virtual financial assets (VFA) agents who will “serve as a first line of defence for market integrity and public interest”. Dr. Christopher P Buttigieg, head of securities and market supervision, commented:

“the issuance of these in-principle approvals is an important milestone in the MFSA’s effort at becoming a regulator of excellence in the field of the regulation of crypto assets.”

Sam Mowers, Investorideas

Read other editions of the  Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News

Crypto Corner Sponsors:

Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations.  https://www.fliptopay.com/

Order Flip    

Genesis Exchange and Wallet App by Genesis Blockchain Technologies ( GBT)

@GenesisBlockch 

GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io

More info on the sector:

Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

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

Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073

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. 

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. 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. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure:  this newsletter  and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip  and  GBT Technologies  . More info: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication  services and costs https://www.investorideas.com/News-Upload/

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Learn more about sponsoring the crypto corner and other branded content

Learn more about our news, PR and social media services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Contact Investorideas.com

800-665-0411

#Tech Stock News: Nxt-ID, Inc. (NASDAQ: $NXTD) Confirms Results for the Year Ended December 31, 2018

#Tech Stock News: Nxt-ID, Inc. (NASDAQ: $NXTD) Confirms Results for the Year Ended December 31, 2018

Management to Host Investor Webcast to Discuss Fourth Quarter and Full Year 2018 Results and Provide Update on Previously Announced Spin-off

SEBASTIAN, Florida - April 2, 2019 - Nxt-ID, Inc. (NASDAQ: NXTD), a provider of healthcare devices as well as payment, credential management, and authentication platform services, announces the filing of its financial results for the year ended December 31, 2018. Management will host an investor webcast on Thursday, April 4th at 4:10 PM EST to discuss fourth quarter and full year 2018 results and to provide an update on the previously announced spin-off of its payments and credential management business.

Read this in full at https://www.investorideas.com/CO/NXT/news/2019/04021Q4Results.asp

As released previously on March 14, 2019, the 2018 year-end highlights include the following:

·        Revenue from continuing operations for year ended December 31, 2018 was approximately $17.1 million compared to approximately $16.0 million for the same period in 2017.

·        Year over year revenue growth was approximately 7%.

·        Gross profit from continuing operations for year ended December 31, 2018 was approximately $12.3 million compared to approximately $11.0 million for the same period in 2017.

·        Year over year gross profit growth was approximately 12%.

·        Operating expenses from continuing operations were approximately $11.7 million for year ended December 31, 2018 compared to approximately $13.1 million for the same period in 2017.

·        Operating income from continuing operations for year ended December 31, 2018 was approximately $0.6 million compared to an operating loss of approximately $(2.2) million for the same period in 2017.

"Our year-end 2018 filing confirmed our previously released results, which showed continued strong performance from LogicMark and our healthcare business," said Gino Pereira, Chief Executive Officer of Nxt-ID. "We have made significant progress toward improving the profitability of our continuing operations by reducing our cost structure, maintaining our core VA business and expanding the channels for our personal emergency response system product offerings. As we move forward with the planned spin-off of our payments business, we continue build on the strengths of both healthcare and payments businesses to maximize value for our shareholders."

The management team will host an investor webcast to discuss fourth quarter 2018 and full year financial results and the proposed spin-off. The webcast will commence April 4th at 4:10 PM EST. The webcast format will feature an overview from key management, followed by a Q&A session with analysts.

Shareholders, investors and interested parties wanting to participate in the webcast must use this link to register prior to the event:

Title: NXT-ID (NXTD) IR Update Webcast

Webcast Link: https://edge.media-server.com/m6/p/msqc7wpa

An archived replay of the webcast will be available following the conclusion of the call for a limited time and on the company's website following the event.

Full financial results and Management's Discussion and Analysis can be found in the Company's Form 10-K for the year ended December 31, 2018, which was filed with the Securities and Exchange Commission ("SEC") on April 2, 2019 and can be found at http://investors.nxt-id.com/financial-information/sec-filings.

About NXT- ID, Inc.

NXT-ID, Inc. (NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.

Nxt-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about Nxt-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For Nxt-ID Inc. corporate information contact: info@nxt-id.com

Forward-Looking Statements for Nxt-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Media Contacts:

Chris Orlandochris.orlando@nxt-id.com
+1-760-468-7273

D. Van Zant
+1-800-665-0411press@nxt-id.com

SOURCE: NXT-ID, Inc.

More info on NXTD at Investorideas.com Visit: 

https://www.investorideas.com/CO/NXT/

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Sign up for free news alerts

https://www.investorideas.com/Resources/Newsletter.asp

Disclaimer/Disclosure:

Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. 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. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. Details at https://www.investorideas.com/About/News/Clientspecifics.asp

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: Village Farms (TSX: $VFF.TO) (NASDAQ: $VFF), Westleaf (TSXV: $WL.V) (OTCQB: $WSLFF), Canopy Rivers (TSXV: $RIV.V), Gabriella's Kitchen (CSE: $GABY.C) and Harvest One (TSXV: $HVT.V) (OTCQX: $HRVOF)

Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: Village Farms (TSX: $VFF.TO) (NASDAQ: $VFF), Westleaf (TSXV: $WL.V) (OTCQB: $WSLFF), Canopy Rivers (TSXV: $RIV.V), Gabriella's Kitchen (CSE: $GABY.C) and Harvest One (TSXV: $HVT.V) (OTCQX: $HRVOF)

Delta, Kelowna, BC –April 1, 2019 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca  release today’s edition of Investorideas.com potcasts^CM - cannabis news and stocks to watch plus insight from thought leaders and experts.

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2019/040119-StocksToWatch.mp3

Read this in full at https://www.investorideas.com/news/2019/cannabis-potcasts/04011VFF-WL-WSLFF-RIV-GABY-HVT-HRVOF.asp

Hear Investor ideas cannabis potcast on iTunes  

Today’s podcast overview/transcript:

Good afternoon and welcome to another Investorideas.com “potcast”, looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.

Today we will be looking at announcements from Village Farms International, Inc. (TSX: VFF) (NASDAQ: VFF), Westleaf Inc. (TSX-V:WL) (OTCQB:WSLFF),  Canopy Rivers Inc. (TSXV: RIV), Gabriella's Kitchen Inc. (CSE: GABY) and Harvest One Cannabis Inc. (TSXV: HVT) (OTCQX: HRVOF).

Village Farms International, Inc. today announced that its 50%-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has exercised its option on the existing 1.1 million square foot Delta 2 greenhouse facility currently owned by Village Farms in Delta, British Columbia.  The Delta 2 facility is a newer, nearly identical "sister" facility immediately adjacent to the 1.1 million square foot Delta 3 greenhouse facility, which is already one of the largest cannabis production operations in the world.

The addition of the Delta 2 greenhouse operation doubles Pure Sunfarms' total production area to 2.2 million square feet and, with conservatively targeted annual production of approximately 75,000 kilograms of dried cannabis, doubles its annual cannabis production potential to approximately 150,000 kilograms.  Pure Sunfarms also expects to benefit from further economies of scale resulting from the concentration of 2.2 million square feet of production area at a single location, which will further support the Company's goal to be the high-quality, low-cost cannabis producer in Canada.  The existing automated propagation operation (nursery) in the Delta 3 facility will provide propagation for the Delta 2 facility, enabling more of the footprint of the Delta 2 facility to be devoted to flower rooms than in Delta 3, which is expected to generate further cost efficiencies.

"With an ongoing shortage of supply from Canadian cannabis producers, Village Farms is thrilled that Pure Sunfarms' has made the decision to more than double its production capacity with the addition of Delta 2 – just three weeks after the option became exercisable," said Michael DeGiglio, Chief Executive Officer, Village Farms and Co-Chair, Pure Sunfarms.

Westleaf Inc. announced that it has launched its e-commerce site for sales across the entire province of Saskatchewan. The retail site at www.prairierecords.ca, provides consumers in the province convenient online access to a wide variety of products through the unique Prairie Records retail concept, which combines music and cannabis in an engaging online experience.

"The launch of online retail is an important next step in rolling out the Prairie Records brand across Saskatchewan and the rest of Western Canada over the coming months," said Scott Hurd, President and CEO of Westleaf. "The province of Saskatchewan has proven to be a positive regulatory environment to launch our retail operations and we are pleased it is the first jurisdiction with a Prairie Records online presence."

 Canopy Rivers Inc. announced that its portfolio company, James E. Wagner Cultivation Corporation (TSXV: JWCA) (OTCQX: JWCAF), has received its cultivation licence from Health Canada for its Kitchener-based commercial scale production facility. This second licence launches the initial phase of JWC2, a 345,000 square foot production and distribution complex where JWC is rolling out more than 130 individual production rooms utilizing JWC's proprietary GrowthSTORM™ Dual Droplet cultivation platform and methodologies. With the newly licenced facility located just minutes from JWC's already licenced pilot facility, JWC is well-positioned for an efficient ramp-up and expects to commence cannabis production at JWC2 immediately.

"While optimizing production methodologies at their already licenced pilot facility, JWC has concurrently built out and implemented refinements and learnings for production at commercial scale," said Daniel Pearlstein, EVP, Strategy, of Canopy Rivers. "We are pleased to see Health Canada reward JWC for the quality of their operations, and their disciplined approach to expansion with the issuance of this second site licence." 

Gabriella's Kitchen Inc., an innovative and leading-edge cannabis wellness company, announced the completion of its acquisition of all of the issued and outstanding shares of Sonoma Pacific Distribution, Inc., California's premier, independently-owned cannabis distribution company, which was previously announced on October 23, 2018.  With the closing of the Acquisition, GABY gains an expansive distribution reach across the state of California, which currently represents the world's most thriving cannabis market as well as a permanent cannabis distribution license that was issued to Sonoma Pac by the California Bureau of Cannabis Control and the County of Santa Rosa on March 14, 2019.

"With the support of GABY and its executive team as well as the ability to leverage GABY's infrastructure, Sonoma Pac realized a record-breaking first quarter of 2019.  For the three month period ending March 31, 2019, it is estimated that Sonoma Pac generated revenue that exceeds CDN$8 Million¹ from the sale of our proprietary products," stated Aaron Browe, President of Sonoma Pac.  "That number represents a massive 1,200% increase over same quarter last year."

Harvest One Cannabis Inc. announced today that it has acquired an initial 52% interest in Greenbelt Greenhouse Ltd. , an Ontario private company located in Hamilton, Ontario.

This strategic acquisition will supply Harvest One with high quality greenhouse grown cannabis from Greenbelt's 152,000 sq. ft. facility which will primarily be dedicated to Harvest One's expanding cannabis-infused health, wellness, and self-care products under the Dream Water and Satipharm brands, and expanding products resulting from the recently announced acquisition of Delivra, following the closing of that transaction.  The Transaction ensures that Harvest One remains a vertically integrated house of brands by controlling the production of cannabis through cultivation and extraction, and ultimately to packaged goods for consumers.

In addition to the greenhouse, the Greenbelt facility also has a 42,000 sq. ft. headhouse which is an ideal location for future extraction and processing capabilities. Greenbelt has an application pending with Health Canada for a standard cultivation license and a standard processor license under the Cannabis Regulations.

Investor ideas reminds all listeners to read our disclaimers and disclosures on the

Investorideas.com  website and this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment   

Sign up to get the news alerts including the daily podcast and transcript for Investor ideas podcasts    

Subscribe to the new cannabis podcast series:

https://www.investorideas.com/rss/feeds/Podcasts-Cannabis.xml

Or visit https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

Investorideas.com podcasts are also available on iTunes,  Spotify, Google Play Music, Stitcher, Spreaker,   YouTube via Spreaker,  iHeartradio and Tunein.

Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

Get the cannabis/hemp stock directory as an Investor ideas member , plus get weekly updates with new pot stocks added and get the daily potcast for Investor Ideas #Potcasts #Cannabis News and Stocks on the Move.  Learn more https://www.investorideas.com/membership/

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. 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. 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. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers.

Learn more about Investor ideas podcast and news publication  services and costs https://www.investorideas.com/News-Upload/ 

Global investors must adhere to regulations of each country.

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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

Learn more about sponsoring this podcast or be a guest and our other branded content opportunities at Investorideas.com

Follow us on Social Media

https://www.facebook.com/Investorideaspotcasts/

https://twitter.com/MJInvestorIdeas

https://www.instagram.com/potcasts_investorideas/

Contact Investorideas.com

800-665-0411