#CryptoCorner: Goldman Sachs Recommends Buying BTC Before Bull Run, China’s Central Bank Announces #Crypto, Kakao Teases Crypto Wallet and New Zealand Allows Crypto Salaries

#CryptoCorner: Goldman Sachs Recommends Buying BTC Before Bull Run, China’s Central Bank Announces #Crypto, Kakao Teases Crypto Wallet and New Zealand Allows Crypto Salaries

Point Roberts, WA, Delta BC August 12, 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 bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

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August 12 Crypto Corner

Stocks discussed: (NYSE:GS) (NasdaqGS:FB) (KSE:035720)

Goldman Sachs (NYSE:GS) has recommended buying Bitcoin (BTC) at its current dipped price. This was revealed in a tweet by Su Zhu, CEO of Three Arrows Capital. The tweet indicated that Goldman Sachs projects a short-term target for Bitcoin of $13,971. At press time, Bitcoin is trading for roughly $11,375 USD, according to data from CoinMarketCap.

Bloomberg reports that China’s central bank, The People’s Bank of China (PBoC), is “close” to launching its own cryptocurrency. The announcement was made at an event held by China Finance 40 Forum over the weekend in Yichun, Heilongjiang, by deputy director of the PBoC’s payments department, Mu Changchun. According to the piece, patents filed by the PBoC indicate that the crypto would work by users downloading a mobile wallet and swapping their yuan for the digital money, which they could then use to make and receive payments. The article quotes Dave Chapman, executive director at BC Technology Group Ltd, on the effect of Facebook’s (NasdaqGS:FB) Libra on CBDCs:

“It is without doubt that with the announcement of Libra, governments, regulators and central banks around the world have had to expedite their plans and approach to digital assets. They have to consider the possibility that non-government issued currencies could “dramatically” disrupt finance and payments.”

South Korean internet giant Kakao Corp (KSE:035720) has launched a teaser page for its forthcoming crypto wallet, according to local outlet News1 Korea. Called “Klip”, the wallet is being developed by Kakao’s blockchain subsidiary GroundX, and will support the company’s native cryptocurrency, Klay. Kakao aims to release the wallet in the second half of this year. Han Jae-sun, CEO of Ground X, is quoted in the article:

"Everyone is focusing on developing power to increase accessibility so that they can easily use the blockchain. We are making efforts to improve efficiency and worrying about cryptocurrency distribution."

New Zealanders can receive their salaries in cryptocurrency according to a bulletin recently published by the country’s Inland Revenue Department (IRD). An excerpt outlines the stipulations of receiving pay in crypto:

The Arrangement is the payment of remuneration to an employee in crypto-assets in circumstances where the crypto-asset payments:

●     are for services performed by the employee under an employment agreement;

●     are for a fixed amount; and

●     form a regular part of the employee’s remuneration.

This Ruling applies only to salary and wage earners, not self-employed taxpayers; and where the crypto-assets being paid:

●     are not subject to a “lock-up” period;

●     can be converted directly into a fiat currency (on an exchange); and either:

        –  a significant purpose of the crypto-asset is to function like a currency; or

        –  the value of the crypto-asset is pegged to one or more fiat currencies.

Sam Mowers, Investorideas

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Plant Based Product News: Reviv3 Procare (OTCQB: $RVIV) Appoints Gerry Udell, Inc. as Manufacturer's Rep for Thirteen States; @ReviveProcare

Plant Based Product News: Reviv3 Procare (OTCQB: $RVIV) Appoints Gerry Udell, Inc. as Manufacturer's Rep for Thirteen States; @ReviveProcare

LOS ANGELES, Calif., August 12, 2019 (Investorideas.com Newswire) – Reviv3 Procare Company (OTCQB: RVIV), a manufacturer of plant-based salon products designed for modern hair care challenges announced today it appointed Gerry Udell, Inc., as representatives of its professional salon products for the states of Connecticut, Delaware, Dist. Of Columbia, Maine, Pennsylvania, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont, West Virginia and Maryland.

“Gerry Udell is a highly respected manufacturer’s rep organization with a reputation of excellence in the professional beauty space. We believe this partnership will significantly expand our market exposure and strengthen our position in the northeast territories.” Said Donald Starace, President of Reviv3.

Gerry Udell Inc., is the largest regional sales agency in the Professional Beauty industry. The family owned company has been in business for fifty-eight years. Gary Udell, President of Gerry Udell stated “Our company feels that the Reviv3 hair treatment system has already been tested and proven to be effective in the prevention of hair loss. We believe there is a great opportunity in this category in the Professional Beauty field.” According to Udell, the company has already targeted prospective distributorships that will be able to promote and expand the line to leading salons and spas. Udell stated “Our entire organization believes Reviv3 Procare will become a major brand in the Professional Beauty industry.

Reviv3 salon products were initially launched in exclusive salons in Italy and New York. The products include a line of hair cleansing, moisturizing, thickening agents, restoratives and environmental defense products that address the hair care challenges of the human body in transition. The company is committed to the cause of thinning hair by restoring the strength, protein and critical moisture that is degraded over time.

About Reviv3 Procare Company

Reviv3 Procare Company is engaged in the manufacturing, marketing, sale and distribution of premium quality hair and skin care products under various trademarks and brands. We are committed to using the highest quality active ingredients found in nature to create professional grade products that simply work. Our products are sold in targeted markets in United States, Canada, Europe, and Asia.

Forward-Looking Statements

This press release contains a number of forward-looking statements within the meaning of the federal securities laws. The use of words such as “anticipates,” “expects,” “intends,” “plans,” “confident that” and “believes,” among others, generally identify forward-looking statements.

These forward-looking statements are based on currently available information, and management’s belief, projections, and current expectations subject to a number of significant risks and uncertainties. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things: (i) Reviv3’s ability to grow net sales and adjusted EBITDA as anticipated; (ii) our ability to fund our operating expenses (iii) potential difficulties or delays Reviv3 may experience in implementing its cost savings and efficiency initiatives; (iv) Reviv3’s ability to compete effectively with other hair and skin care companies (v) the concentration of Reviv3’s customers, potentially increasing the negative impact to Reviv3 by changing purchasing or selling patterns (vi) changes in laws or regulations in the United States and/or in other major markets, such as China, in which Reviv3 operates, including, without limitation, with respect to taxes, tariffs, trade policies or product safety, which may increase Reviv3’s product costs and other costs of doing business, and reduce Reviv3’s earnings. Potential investors are urged to consider these factors carefully in evaluating the forward-looking statements. These forward-looking statements speak only as of the date hereof. Except as required by law, Reviv3 does not assume any obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future.

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

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The #AIEye: AWS (NasdaqGS: $AMZN) Makes Lake Formation Generally Available and Wipro (NYSE: $WIT) Partners with Camunda for Workflow Automation

The #AIEye: AWS (NasdaqGS: $AMZN) Makes Lake Formation Generally Available and Wipro (NYSE: $WIT) Partners with Camunda for Workflow Automation

UK to Invest £250 Million into National #AI Lab

Point Roberts WA , Vancouver BC – August 9, 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/2019/080919-AI-Eye.mp3

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

Stocks discussed: (NasdaqGS:AMZN) (NYSE:WIT)

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), announced the general availability of AWS Lake Formation. According to the press release, “AWS Lake Formation simplifies and automates many of the complex manual steps usually required to create a data lake, including collecting, cleaning, and cataloging data, and securely making that data available for analytics”, allowing customers to then “analyze this data using their choice of AWS analytics and machine learning services”. Raju Gulabani, Vice President, Databases, Analytics, and Machine Learning, AWS, said:

“Our customers tell us that Amazon S3 is the ideal place to house their data lakes, which is why AWS hosts more data lakes than anyone else – with tens of thousands and growing every day. They’ve also told us that they want it to be easier and faster to set up and manage their data lakes. That’s why we built AWS Lake Formation, so customers can spend more time learning from their data and innovating, rather than wrestling that data into functioning data lakes. AWS Lake Formation is available today and we’re excited to see how customers use it as one of the building blocks for growing and transforming their businesses and customer experiences.”

Wipro Limited (NYSE:WIT) has partnered with software firm Camunda to offer clients workflow automation services. Somit Kapoor, Head of Enterprise Operations Transformation, Wipro Limited, commented:

“We are excited to partner with Camunda to offer customers a lightweight, highly flexible, open source platform for their workflow automation needs. Offering Camunda as part of our stack will benefit our customers who are looking for a solution that offers greater flexibility and customization than alternative heavyweight platforms.”

UK to Invest £250 Million into National AI Lab

The UK’s Health Secretary Matt Hancock announced an investment of £250 million GBP into a National Artificial Intelligence Lab, according to an official government press release today. Hancock said:

“We are on the cusp of a huge health tech revolution that could transform patient experience by making the NHS a truly predictive, preventive and personalised health and care service.

I am determined to bring the benefits of technology to patients and staff, so the impact of our NHS Long Term Plan and this immediate, multi-million pound cash injection are felt by all. It’s part of our mission to make the NHS the best it can be.

The experts tell us that because of our NHS and our tech talent, the UK could be the world leader in these advances in healthcare, so I’m determined to give the NHS the chance to be the world leader in saving lives through artificial intelligence and genomics.”

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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Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move - (CSE: $SOL.C) (TSXV: $DN.V) (TSX: $WEED.TO) (NYSE: CGC) (TSXV: $NRTH.V)

Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move - (CSE: $SOL.C) (TSXV: $DN.V) (TSX: $WEED.TO) (NYSE: CGC) (TSXV: $NRTH.V)

Delta, Kelowna, BC –August 9, 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/2019/080919-StocksToWatch.mp3

Read this in full at https://www.investorideas.com/news/2019/cannabis-potcasts/08091SOL-DN-WEED-CGC-NRTH.asp

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Today's podcast overview/transcript:

Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

In today’s podcast we look at a few early announcements.

SOL Global Investments Corp. (CSE:SOL) (OTCPK:SOLCF) announced today a proposed change of business of SOL Global from an international cannabis investment company to a U.S. multi-state cannabis operator ("MSO") under the Life Sciences category of the Canadian Securities Exchange.

The MSO's initial operations will include assets in three (3) of the top ten (10) cannabis markets by revenue in the U.S., as forecasted by ArcView market research – Florida, Michigan and California.  The Company has focused in on a path to profitability by keeping the capital expense and operating expense low with an efficiency-driven model of integrating operations and streamlining management, brand deployment and the Company's proprietary delivery models across all three (3) states, all while being fully compliant with applicable U.S. state laws and regulations.

Brady Cobb, the CEO of SOL Global, says the timing of the proposed change of business is strategic, stating: "One of the innate strengths of SOL Global's management is knowing when to enter a market, as is evidenced with our early success in Canada and Florida. We have planned this transition and the market entrance of our MSO to coincide with the rapid growth of the legal U.S. cannabis marketplace amid a presumptive tail wind from federal policy reform initiatives related to cannabis, a process I've been deeply involved with. We believe that the timing of our MSO's entrance into the market will position us well to capture that growth."

Tantamount to the proposed change of business is the proposed change of the Company's name from SOL Global Investments Corp. to Bluma Wellness Inc. "Bluma" is an ancient Hebrew word which means to flower, bloom or blossom. The Company selected this name based on a key principle of the business: to ensure that our patients and consumers utilize our plant-based products to enhance their daily lives, namely to bloom and thrive.

Mr. Cobb says that the new name was chosen to be synergistic with the Company's new direction, stating that "We chose the name Bluma Wellness, as an appropriate way to honor the true intent of each seed that we cultivate, harvest, and deliver as a product to ensure that every single one of our customers has a consistent and enriching experience that allows them to flourish." He added: "We also look forward to bringing investors a new kind of MSO, one that is focused on profitability in the short term through operational and logistical efficiencies and a keen eye on the bottom line."

As part of the Company's initiative in shifting their focus of business to the vertically integrated expansion of its MSO operations, the Company plans to complete the previously-announced acquisitions of the proposed assets of the MSO which include the licensed dispensaries operated by MCP Wellness in Michigan as announced on April 24, 2019, their California acquisitions which include the famed Humboldt, California-based cultivator "Northern Emeralds" and the California-based dispensary chain "One Plant USA" as were announced on May 16, 2019, in addition to SOL Global's existing vertically integrated license in Florida, 3 Boys Farm. The MSO's resulting products will be powered by Northern Emeralds' genetics and innovative data-driven cultivation and processing techniques. The anchor will be the brands and products that SOL Global has invested in, which will be strategically deployed in the MSO's dispensaries including One Plant's robust retail arm across the states of Florida, Michigan and California (subject to the receipt of all required governmental approvals).

It is expected that the MSO will bridge the gap between traditional THC products and mainstay CPG products.  All MSO Assets transactions are expected to close in October 2019, subject to all applicable conditions precedent being satisfied or waived including the receipt of all required governmental approvals.

DELTA 9 CANNABIS INC. (TSX-V: DN) (OTCQX: VRNDF) announced that is has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares on the TSX.

"We are very excited to be in the final stages of qualifying to be up listed to the TSX. This is a major milestone in our strategic growth plan and for our shareholders," said John Arbuthnot, Chief Executive Officer of Delta 9. "This eventual listing on the TSX will help to increase trading liquidity, provide access a growing investor base interested in the cannabis industry, and raise capital for further investments."

Final approval of the listing is subject to the Company meeting certain standard requirements of the TSX on or before November 5, 2019. The Company expects to satisfy all of the requirements and will make a further announcement once the TSX has issued a bulletin confirming the date on which trading on the TSX will commence. Upon completion of the final listing requirements, the Common Shares, 2017 Warrants, 2019 Warrants and Debentures will be delisted from the TSXV and begin trading on the TSX under the symbols, "DN", "DN.WT", "DN.WT.A" and "DN.DB", respectively.

"As one of Canada's only vertically integrated cannabis companies, we are excited about the opportunities in this rapidly growing market to drive shareholder value and continue Delta 9's success story. The TSX is the premier listings destination and this achievement highlights the strength of our experienced management and team, our commitment to growing shareholder value," said John Arbuthnot, Chief Executive Officer of Delta 9.

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced that it has entered into an agreement to acquire the global cannabinoid-based medical researcher Beckley Canopy Therapeutics. The acquisition brings together Canopy's wholly owned research program with the Beckley Canopy research platform which is partly owned by Canopy Growth in order to combine the best teams, programs and clinical work all under a single strategic plan. The research arm in turn directly supports the commercial efforts of Spectrum Therapeutics around the world. As part of the acquisition, Canopy Growth also acquires the outstanding shares in Spectrum Biomedical UK, the commercial arm of the Company in the United Kingdom, as that markets begins to develop into a commercially viable opportunity.

With the acquisition of C3, and Canopy Growth's expanding research and development plans worldwide, the Company is solidifying its status as a truly global leader in cannabinoid research. Spectrum Therapeutics will leverage Beckley Canopy's intellectual property, accelerate its comprehensive research programs, build evidence around the Company's products and formulations and ultimately improve patient access to cannabinoid-based medicines globally.

"The acquisition of Beckley Canopy will allow Spectrum Therapeutics to continue expanding its medical cannabis leadership around the world, strengthening our foothold in the UK and more broadly across Europe – a region that wants to see stronger clinical evidence around cannabis-based medicines," said Mark Zekulin, CEO, Canopy Growth Corporation. "We're excited to continue working with the incredible management team at Beckley Canopy to accelerate our shared vision to create evidence-based cannabis formulations that will serve patients in need around the world."

Beckley Canopy was formed as a joint venture in January 2018 between Beckley Research & Innovations ("BRI") and Canopy Growth to research and develop clinically validated cannabis-based medicines, with a strong focus on intellectual property protection. The research platform combined European and North American-based leaders in cannabis research from BRI and Canopy Growth to create a strong and complementary UK-based European partnership. Since its inception, Beckley Canopy has made significant progress in three initial areas of research, namely cancer pain, opioid sparing, and smoking cessation, with further research in progress.

Once the acquisition is complete, Beckley Canopy will be fully integrated into the current Spectrum Therapeutics platform and management team in Europe, a region of focus for the Company as policy surrounding medical cannabis and patient access continues to evolve. The leadership team at Beckley Canopy has demonstrated a strong track record of success in the short period since its inception, and the senior research team boasts a combined 75 years of pharmaceutical research globally.

48North Cannabis Corp. (TSXV:NRTH) announced today that it has successfully shipped its first order of cannabis to the Ontario Cannabis Store ("OCS") for retail sale. The shipment marks the Company's first foray into Ontario's recreational retail market.

Today's shipment is just the beginning of the Company's relationship with the OCS. Looking ahead, 48North has agreed to supply 1,200 kilograms of sun-grown outdoor organic cannabis from Good:Farm and 180 kilograms of its high-quality craft indoor-grown cannabis from its northern cultivation facility, delshen.  Today's shipment pertains to the 180 kilograms from its indoor facilities.

"48North is looking forward to sharing our high-quality cannabis with Ontario consumers. Today's shipment marks a major milestone for the Company. As we look ahead, the Company is well-prepared to deliver on all of its supply agreements, we look forward to sharing our products with consumers across the country," said Alison Gordon, co-CEO of 48North.

By the end of the year, 48North products will be available for retail sale in Ontario, Alberta and Quebec. 48North has committed approximately 5,000 kilograms of cannabis from its three facilities to provincial distributors in 2019.

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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. 

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.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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