#CryptoCorner: Central Banks of Canada and Singapore Successfully Pilot CBDC Cross-Border Payments, Square (NYSE: $SQ) Reports Highest #Bitcoin Profits in Q1 Report

#CryptoCorner: Central Banks of Canada and Singapore Successfully Pilot CBDC Cross-Border Payments, Square (NYSE: $SQ) Reports Highest #Bitcoin Profits in Q1 Report

Point Roberts WA, Delta BC, May 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 .

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May 2 Crypto Corner

Stocks discussed: (NYSE:SQ)

The central banks of Canada and Singapore have successfully piloted cross-border and cross-currency payments with central bank digital currencies (CBDCs), according to a statement published today. The CBDCs are based on payment networks developed by each country – Project Jasper from the Bank of Canada and Project Ubin from the Monetary Authority of Singapore (MAS). Sopnendu Mohanty, Chief FinTech Officer, MAS, said:

“Project Jasper and Project Ubin have built on previous innovations in the payments area to demonstrate that cross-border payment and settlement can be made simpler and more efficient. Together these projects have addressed many technical questions and brought the technology to a higher level of maturity. The next wave of central bank blockchain projects can make further progress by bringing technology exploration together with policy questions about the future of cross-border payments. It is challenging work, and we welcome other central banks to join us in this global collaboration, to bring benefit to consumers, businesses and the broader financial industry.”

The results of a survey conducted on behalf of venture capital firm Blockchain Capital reveal that a considerable majority of Americans are aware of Bitcoin (BTC). The percentage of people in the U.S. that have “heard of” Bitcoin rose from 77 percent, when the survey was conducted in October 2017, to 89 percent as of April 2019. Perhaps most interestingly, positive perception of Bitcoin as a financial innovation has increased from 34 percent in the 2017 survey, to 43 percent as of last month. A conclusion drawn from the data reads:

The results highlight that Bitcoin is a demographic mega-trend led by younger age groups. The only area where older demographics matched younger demographics was awareness: Regardless of age, the vast majority of the American population has heard of Bitcoin.

Payments company Square, Inc. (NYSE:SQ) published its Q1 earnings report, revealing record-high Bitcoin revenues at $65.5 million. This was tempered somewhat, however, by the Bitcoin costs reported, which stood at $64.7 million. This puts profits from Bitcoin transactions at about $830,000, still the highest figure so far reported from the company.

CoinDesk reports that crypto exchange giant Binance has partnered with Elliptic, a blockchain analytics startup, to enhance its regulatory compliance and security. This follows a similar partnership Binance made with security firm CipherTrace last month to boost their anti-money laundering compliance. The Elliptic partnership will give Binance access to software which will allow them to identify potential transactions linked to illicit activities such as money laundering and terrorist financing.

Sam Mowers, Investorideas

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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/

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Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move- (CSE: $SLNG.C) (NYSE: $CGC) (CSE: $TER.C) (CSE: $MYM.C) (CSE: $CURA.C)

Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move- (CSE: $SLNG.C) (NYSE: $CGC) (CSE: $TER.C) (CSE: $MYM.C) (CSE: $CURA.C)

Delta, Kelowna, BC –May 2, 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/2019/050219-StocksToWatch.mp3

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Today’s podcast overview/transcript:

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

In today’s podcast I focus on a few early announcements from some interesting companies.

SLANG Worldwide Inc. (CSE: SLNG), a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US states, announced the establishment of its new wellness-focused business division, SLANG Health and Wellness. The new business unit will develop and market a portfolio of plant-based cannabidiol products that will be distributed in partnership with Greenlane Holdings, Inc. (NASDAQ: GNLN) through their extensive distribution network.

"Consumers are increasingly interested in natural plant-based wellness products, and we've only scratched the surface of the opportunity within cannabinoid-supported wellness," said SLANG CEO Peter Miller. "Health and Wellness represents a new market segment for SLANG and is a natural extension for our portfolio of top selling products across the US and internationally. We expect early sales to be supported by the brand awareness and customer loyalty that we've developed within our existing portfolio over many years of innovation and

consumer focus."

SLANG Health and Wellness products will target a rapidly expanding and promising consumer market that is expected to grow from US$591 million in 2018 to US$22 billion by 2022, according to The Brightfield Group. The Company will initially focus on extending SLANG's existing industry leading portfolio of THC-dominant products into the CBD space and will immediately launch sales of the Company's best-selling O.penVAPE Reserve brand, to be sold as a half gram hemp-based CBD cartridge.

Canopy Growth Corporation(TSX: WEED) (NYSE: CGC) announced that it has acquired German-based, Bionorica SE-founded C³ Cannabinoid Compound Company in a transformative deal that will see established single cannabinoid medicines brought together with the world's leading full-spectrum medical cannabis offering.

                             

The all cash-acquisition for €225.9 million (CDN $342.9 million) furthers Canopy Growth's expansion into European markets with prescription medicines and gives the Company immediate access to a wealth of knowledge and intellectual property that C³ has developed in its nearly 20 years of research and development into synthetic and natural cannabis medical products.

C³'s primary medicinal offering is dronabinol, a pure chemical compound with standardized concentrations of tetrahydrocannabinol (THC), one of the active ingredients found in cannabis plants that is responsible for various pharmacological effects. Dronabinol is available in Austria, Denmark, and Germany for nausea and vomiting refractory to conventional treatment in oncology and palliative care, and for cancer pain. In Germany, dronabinol can be prescribed for any type of chronic pain and for any condition in palliative care. C³ has a total of five medicines in the market and its commercial operations generated €27.1 million (CDN $41.5 million) in 2018.

                             

The acquisition will allow Canopy Growth to further empower European physicians with the knowledge and therapies drawn from the full range of synthetic to naturally-derived cannabinoid-based medicines. Adding dronabinol to Canopy Growth's product offering in Europe and potentially other key markets will allow the Company's medical division, Spectrum Cannabis, to present an expanded, medically validated suite of cannabinoid therapies to the benefit of healthcare professionals and patients. Furthermore, C³'s infrastructure including production, distribution, and sales & marketing significantly adds to the Spectrum Cannabis footprint in Europe, including an expanding product line and additional reach into pharmacy and medical specialists' networks.

TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) today announced that its manufacturing facility in Mississauga, Ontario, Canada has been issued a Good Manufacturing Practice certificate in accordance with the rules governing medicinal products in the European Union.

The EU GMP certification was awarded by the responsible agency, Arzneimittelbehörde, in North Rhine-Westphalia, Germany. Additionally, the Company has entered a comprehensive sales and distribution agreement with iuvo Therapeutics GmbH, a German pharmaceutical wholesaler with a cannabis-specific import and distribution license. TerrAscend expects to begin distribution through iuvo this quarter.

"Just five months ago, TerrAscend became the first North American Operator (NAO), with scale operations in both Canada and the US. Upon commencement of shipments this quarter, through our partner iuvo in Germany, TerrAscend will be the first and only global cannabis operator with sales in the three largest markets in the world," said Dr. Michael Nashat, CEO of TerrAscend. "We will continue to expand our sales footprint going forward and will share news of these milestones as we achieve them."

MYM Nutraceuticals Inc., (CSE: MYM) (OTCBB: MYMMF) announced that the Company has acquired 50% of BioHemp Naturals ("BioHemp"), a licensed hemp cultivator in the business of cultivating and distributing CBD-rich hemp biomass to licensed producers in Canada. BioHemp co-founder, Len Atkinson, will join the MYM management team as Global Hemp Project Manager.

BioHemp's founder has been growing hemp since 2015 and developed unique harvesting methods and standard operating procedures which meet all Health Canada testing requirements for hemp. BioHemp is expanding its hemp operations to cultivate 450 acres this 2019 season with plans to expand to 3,000 acres of certified organic hemp in 2020. Forecasted revenues based on the sale of biomass for the 2019 grow season are expected to exceed $30 million with 2020 grow season $225 million.The partnership will allow BioHemp to toll-process the hemp flower through MYM's planned extraction plant which would significantly increase revenues for both seasons.

"Acquiring 50% of BioHemp Naturals and engaging Mr. Atkinson as MYM's Global Hemp Project Manager is a huge win for MYM and our stated goal to become global CBD-rich hemp cultivators, extractors, and distributors," said Howard Steinberg, CEO of MYM. "The addition of BioHemp Naturals adds over 3,000 acres of cultivation to the company which is expected to significantly increase future revenues of MYM."

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ,  a leading vertically integrated cannabis operator in the United States, unveiled its new Arizona initiative with the Veterans Cannabis Project (VCP), an organization that advocates for legal and supported access of medical cannabis for veterans through the Department of Veterans Affairs. Patients at Curaleaf's five Arizona locations can purchase a custom-designed "Veterans Cannabis Project" pre-roll product, with a portion of all proceeds benefiting the VCP. Each box includes five pre-rolls and will be available for $16.

Veterans and concerned citizens also participated in the launch of a nationwide petition and grassroots campaign supporting medical cannabis. The campaign urges Congress to authorize access, provide protections, and require research into medical cannabis. Additionally, it calls for the Department of Veterans Affairs to give veterans access to the cannabis they overwhelmingly want and deserve.  The petition can be accessed here: https://www.vetscp.org/act.

To celebrate the launch, local veterans visited Curaleaf's Midtown location to hear Dr. Sue Sisley, an Arizona scientist who conducted the first FDA-approved study of cannabis for PTSD in veterans, speak about her recent research. Steve Cottrell, President of Curaleaf Arizona, and Doug Distaso, Executive Director of VCP, also spoke about the new initiative aimed at raising awareness and support around veterans' access.

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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. 

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 investing involves risk and possible losses. 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 and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

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#Tech News: Gopher (OTCQB: $GOPH) Technology Review

#Tech News: Gopher (OTCQB: $GOPH) Technology Review

Santa Monica, CA - May 2, 2019 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher", or "the Company"), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ global mesh network technology platform for both mobile and fixed solutions, announced it has released a technology review that was filed as an exhibit to a Form 8-K with the SEC - https://www.sec.gov/Archives/edgar/data/1471781/000173112219000209/0001731122-19-000209-index.htm

The Technology Review provides an overview of GopherInsight™, AVANT! AI, Robotic Research, gNet and GopherInsight – 5G and walks the reader through developed and completed systems to potentially upcoming systems from a technology point of view.

As a reminder, Gopher intends to use its Avant! AI technology to govern security and vast data processing for its systems. As such, the Company has released its Avant! AI mobile app, now available for download for Android - https://play.google.com/store/apps/details?id=com.gopherprotocol.avantai and iOS mobile devices - https://itunes.apple.com/us/app/avant-ai/id1457305862?mt=8.

Read this in full at https://www.investorideas.com/CO/GOPH/news/2019/05021TechnologyReview.asp

About Gopher Protocol Inc.

Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher”) (http://gopherprotocol.com/) is a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms.  Gopher has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software.  Gopher’s system envisions the creation of a global mesh network.  The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. Gopher envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.

https://www.avant-ai.net

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

Contact:

Dr. Danny Rittman,  CTO
Gopher Protocol Inc.

VM Only 888-685-7336

Media: press@gopherprotocol.com

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on

Investorideas.com

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Investor Ideas Climate Change and CleanTech Podcast-Looking at Gas Prices and Electric Vehicles: (NASDAQ: $SOLO) (NYSE: $GM) (NASDAQ: $TSLA)

Investor Ideas Climate Change and CleanTech Podcast-Looking at Gas Prices and Electric Vehicles: (NASDAQ: $SOLO) (NYSE: $GM) (NASDAQ: $TSLA)

Delta, Kelowna, BC –May 1, 2019 https://www.investorideas.com, a global news source covering leading sectors including climate change and clean-tech releases today’s edition of Investorideas.com Climate Change and CleanTech Podcast - climate news and solutions, stocks to watch plus insights from thought leaders and experts.

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2019/050119-CleanTech.mp3

Read this in full at https://www.investorideas.com/news/2019/renewable-energy/05011CleanTech-SOLO-GM-TSLA.asp

Today’s podcast overview/transcript:

Good afternoon and welcome to the latest episode of the Investorideas.com Climate Change and CleanTech podcast.

I’m Taylor Van Zant, the host of Investorideas.com Cannabis “Potcast” and your host for today’s edition of our Climate Change and Clean-Tech podcast.

Today we are looking at rising gas prices and the push towards Electric Vehicles. The national gas price average in the US increased five cents to $2.74 a gallon and is eight cents more than the same time last year, according to data from AAA. The rate is 28 cents higher versus a month ago, and this data alone is already a month old. Since then gas has continued to rise above analyst expectations and shows no signs of slowing down. You can read a few pieces which describe this trend in more detail from USA Today, Global News and CBC, which all say roughly the same thing; gas prices are rising faster than anticipated and both Canadian and US Governments are seeing some serious push back and a demand for lower gas. While it would be ideal for policy makers to step in to solve this problem, that outcome seems unlikely this summer where gas prices are expected to rise even higher.

Here at Investorideas we think this is bull$*it, and we can do better.

In Canada, and specifically BC, there is some hope for the average driver as the government has, starting today, May 1st, began offering a series of rebates for EV’s. For buying an EV under $45,000 you can be offered a $5,000 rebate and for trading in your old gas car, again another $5,000 rebate. There are other rebates and offers available, but the main idea is to incentivise the switch to EV’s. Global News also did a series of pieces on this describing how this has created a massive demand for EV’s and how car dealers are struggling to keep up with supply.

So what are some of the EV companies on the market today?

Electra Meccanica Vehicles Corp. (NASDAQ: SOLO), a designer and manufacturer of electric vehicles, was recently awarded a patent in China by the National Intellectual Property Administration for the design of its proprietary battery cartridge.

The patent, Chinese Design No. ZL 201830277724.X, is valid for 10 years from the filing date and covers Electra Meccanica’s proprietary battery cartridge design that is an integral feature underlying the Company’s flagship SOLO EV. The patent in China expands upon previous successful battery cartridge patent registrations in Europe, Japan and Canada – with another patent pending in the United States - further strengthening international patent protection for the unique design.

“We are pleased to announce this very important new patent win in China, growing our global intellectual property portfolio to 25 invention and design patent assets that have been filed or issued,” said Jerry Kroll, CEO of Electra Meccanica. “This patent continues to validate the amazing work that our R&D team does every day. We envision our intellectual property portfolio to play an increasingly important role in the future, providing us with an exciting strategic advantage over any new entrants to the space. I look forward to providing our shareholders with further updates as we continue to strengthen our patent portfolio.”

Tesla Inc. (NASDAQ: TSLA) is well aware of the Canadian rebates being offered is focussing on a workaround which allows customers to take advantage of these incentives.The Tesla Model 3 has been too expensive to qualify for the federal EV incentive in Canada due to the restrictions the Canadian government has in place. In order for a consumer to take advantage of the $5,000 rebate up for grabs, a car must have an MSRP lower than $45,000 (Canadian).

Apparently, Tesla is changing the Model 3 Standard Range to a software-limited 93-mile range vehicle that starts at $44,999, just $1 under the $45,000 limit set by Canada. Since its base price is under $45,000, then the Standard Range Plus also qualifies for the $5,000 incentive.

Tesla has also been a great topic of discussion on another podcast, The Joe Rogan Experience, which already featured Elon Musk and just yesterday featured Rich Benoit who has made his name by refurbishing and rebuilding damaged Teslas, a very unique and thrifty concept for these high quality expensive cars. To check out either interview click the links attached for Rich Benoit or Elon Musk.

General Motors Company (NYSE: GM)  recently confirmed its entry to the electric vehicle industry in its quarterly earnings call. As their first release, the company confirmed that it’s looking to make electric vehicles and pickup trucks.

According to Electrek, GM CEO Mary Barra said that the company is interested in creating an “all-electric future” as the company starts to make electric vehicles, including pickup trucks. However, Barra didn’t mention any other details such as development timelines, release dates, and even the new vehicle’s name.

Previously, the CEO noted that they’re going to make an electric truck that’s going to compete with Tesla’s trucks. Currently, Tesla’s progress on their trucks are still far from mass production. The Tesla Semi does have a few units out but the first batch of Semis are strictly for company use. Meanwhile, the futuristic Tesla “Blade Runner” pickup truck has yet to receive any new updates outside its “cyberpunk” design. GM is definitely in a position to overtake Tesla on the electric truck release and announcement.

With gas prices continuing on an uptrend through the summer, it’s time to start looking for alternatives, and it looks like the EV market might finally be ready to take off.

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