Wednesday, January 23, 2019

Investorideas.com - #CryptoCorner: UK's Financial Regulator Publishes #Crypto Consultation Paper, #Ripple Partners with Beijing University for Blockchain Scholarship

Investorideas.com - #CryptoCorner: UK's Financial Regulator Publishes #Crypto Consultation Paper, #Ripple Partners with Beijing University for Blockchain Scholarship



#CryptoCorner: UK's Financial Regulator Publishes #Crypto Consultation Paper, #Ripple Partners with Beijing University for Blockchain Scholarship

January 23rd #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch


Point Roberts, WA and Delta, BC - January 23, 2019 (Investorideas.com Newswire) 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:

#CryptoCorner: UK's Financial Regulator Publishes #Crypto Consultation Paper, #Ripple Partners with Beijing University for Blockchain Scholarship

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UK's Financial Regulator Publishes Crypto Consultation Paper, Ripple Partners with Beijing University for Blockchain Scholarship, Bithumb Looks to Go Public in US Through Reverse Merger and Xapo to Exit Hong Kong in Favour of Better Regulations in Switzerland

Stocks discussed: (OTC:BCII)

The UK's financial regulator, the Financial Conduct Authority (FCA), today released a consultation paper titled: Guidance on Cryptoassets. The aim of this publication is to "provide regulatory clarity for market participants carrying on activities in this space". This consultation process closes on April 5, 2019 and a complete policy statement of the space will be released in the summer of 2019. A summary of this publication's goals reads:
The final Guidance will enable firms to understand whether certain cryptoassets fall within the regulatory perimeter. This should allow firms to have increased certainty around their activities while meeting our own regulatory objectives of consumer protection, enhancing market integrity and promoting effective competition in the interest of consumers. We encourage firms to seek expert advice if you are unsure whether the products you offer fall within the regulatory perimeter.
A recent press release indicates that Ripple has partnered with Tsinghua University's Institute for Fintech Research in Beijing to launch the Blockchain Technology Research Scholarship Program (BRSP) for graduate students in China. Ripple SVP of Global Operations Eric van Miltenburg commented:
"We are very impressed with THUIFR [Tsinghua University] for taking a unique and innovative approach to engaging China's young leaders in the blockchain space. The program's goal - to provide students with opportunities in blockchain research - closely aligns with that of Ripple's University Blockchain Research Initiative; we're thrilled to support THUIFR [Tsinghua University] in this endeavor and look forward to its launch."
CNBC reports that Singaporean crypto exchange Bithumb is looking to go public in the U.S. by acquiring publicly traded holding company Blockchain Industries (OTC:BCII). Sources informed CNBC that Bithumb plans to up-list from the OTC markets to the New York Stock Exchange or Nasdaq after the reverse merger. Following the acquisition, Blockchain Industries will be renamed Blockchain Exchange Alliance.
Bitcoin services provider Xapo is relocating from Hong Kong to Switzerland for preferable regulations, according to SwissInfo. The article quotes Xapo president Ted Rogers from the World Web Forum in Zurich:
"It was once thought that Hong Kong was the holy grail of crypto regulations. But it has become more opaque."
"It's a reality of this industry that you have to be agile and react to regulatory changes all the time. Swiss regulators are smart, interested and sophisticated in dealing with the financial markets."
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
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Crypto Corner Sponsors:
Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>
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/


Investorideas.com - GBT Genesis Blockchain Technologies
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

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Investorideas.com Newswire - The #AI Eye: Boeing (NYSE: $BA) Completes Test Flight of Autonomous Passenger Air Vehicle, Cisco's ( $CSCO) AppDynamics Unveiled Central Nervous System for IT

Investorideas.com Newswire - The #AI Eye: Boeing (NYSE: $BA) Completes Test Flight of Autonomous Passenger Air Vehicle, Cisco's ( $CSCO) AppDynamics Unveiled Central Nervous System for IT



The #AI Eye: Boeing (NYSE: $BA) Completes Test Flight of Autonomous Passenger Air Vehicle, Cisco's ( $CSCO) AppDynamics Unveiled Central Nervous System for IT

Global AI Market to Crack $3 Trillion by 2024 at CAGR of 36.1%


Point Roberts, WA and Vancouver, BC - January 23, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI), in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
Listen to today's podcast:

The #AI Eye: Boeing (NYSE: $BA) Completes Test Flight of Autonomous Passenger Air Vehicle, Cisco's ( $CSCO) AppDynamics Unveiled Central Nervous System for IT

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

Global AI Market to Crack $3 Trillion by 2024 at CAGR of 36.1%

A report from Transparency Market Research projects that the global AI market will reach $3.06 trillion USD by 2024 with a compound annual growth rate of 36.1 percent in the forecast period of 2016-2024. An excerpt from the report summary reads:
Increasing adoption rate of big data and AI advanced has largely benefited the global artificial intelligence market. Various end-use industries have also employed artificial intelligence such as retail and business analysis that has also boosted the demand in this market. Moreover, growing progression need in the zones of machine interpretation, question acknowledgment, and protest observation has further augmented the demand for artificial intelligence.

However, slow adoption rate and lack of technical expertise might hamper the growth of this market. High expenditure cost while installing artificial intelligence systems and high development cost can also restrain market performance. Nevertheless, with advanced parallel handling capacities and increasing data stockpiling limit might aid in minimizing these restraints and fuel the market growth.

Boeing Completes Test Flight of Autonomous Passenger Air Vehicle, Cisco's AppDynamics Unveiled Central Nervous System for IT and NICE Introduced Robotic Automation Community

Stocks discussed: (NYSE:BA) (NasdaqGS:CSCO) (NasdaqGS:NICE)

The Boeing Company (NYSE:BA) completed the first test flight of its autonomous passenger air vehicle (PAV) prototype in Manassas, Virginia, executing a controlled takeoff, hover and landing. Continued testing to advance the safety and reliability of on-demand autonomous air transportation will be carried out by Boeing NeXt, which leads the company's urban air mobility efforts. Steve Nordlund, vice president and general manager of Boeing NeXt, said:
"Boeing was there when the aviation industry was born and in our second century, we will unlock the potential of the urban air mobility market. From building air vehicles to airspace integration, we will usher in a future of safe, low-stress mobility in cities and regions around the world."
Cisco Systems, Inc. (NasdaqGS:CSCO) company AppDynamics today unveiled its vision for the Central Nervous System for IT. The Central Nervous System for IT will "give businesses full visibility, deep insights, and automated actions across all technology domains that run modern companies: the application, infrastructure, and network." David Wadhwani, CEO of AppDynamics, said:
"Along with Cisco, we're empowering IT Operations to start their journey into the new era of AIOps with real-time visibility and AI and machine learning based insight and automation that ultimately drive improved customer experiences and business performance."
NICE Ltd. (NasdaqGS:NICE) today introduced the NICE Robotic Automation Community, a "global, communal educational platform providing vast resources and assets to accelerate the professional growth of the fast growing Robotic Process Automation (RPA) industry." Barry Cooper, President of NICE Enterprise Group, commented:
NICE is delighted to launch a comprehensive and engaging global community to drive collaboration and innovation among RPA professionals. The NICE Robotic Automation Community is the ideal platform to share in-depth experience and industry knowledge. Our innovative RPA technology is built to support the most complex process scenarios facing enterprises today. The RPA market is vibrant and dynamic, and we are excited to be contributing towards and shaping the industry on a global scale."
Sam Mowers, Investorideas.com
For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
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Investorideas.com - NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Update from Maxim Group; Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark

Investorideas.com - NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Update from Maxim Group; Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark



NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Update from Maxim Group; Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

Point Roberts - January 23, 2019 (Investorideas.com Newswire) Investorideas.com, a global news source and investor resource covering tech stocks reports Maxim Group has issued an update on NXT-ID, Inc. (NASDAQ: NXTD) following recent news and an update on the Company’s proposed spinoff of its payment division.

NXT-ID, Inc. (NXTD - NASDAQ - $1.25)
Buy
Target Price: $2.00
Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark
Michael Diana
(212) 895-3641
Excerpt -
Summary:
  • On September 21, 2018, NXTD announced its intention to spin off its Fit Pay subsidiary (to be re-named PartX), and subsequently established a record date of October 17. On October 17, NXTD shares started trading without (any value for) PartX (that is, just reflecting the value of its healthcare subsidiary, LogicMark). On December 17, it was announced that the spin-off was delayed, and the October 17 record date was withdrawn, so NXTD shares now trade with the values of both LogicMark and PartX included. A new record date has not yet been announced.
  • On January 15, NXTD announced that it had signed a letter of intent for a new $16.5M 

    senior secured term loan, which will be used to pay off NXTD's existing loan facility (which contains a covenant that effectively prohibits the spin-off). The new term loan is expected to close around late February/early March, at or about which time the spin-off should also occur. Sometime between now and then, a new record date should be announced, at which time NXTD shares should again trade without any value for PartX (that is, just reflecting the value of LogicMark).
    • Notwithstanding that NXTD shares temporarily trade (until late February/early March) with the values of both LogicMark and PartX included, our price target of $2 and our 2019 estimates are for stand-alone, post-spin LogicMark/NXTD. See page 2 for our earnings model.
    • Our price target represents, relative to other small-cap healthcare/medical devices companies, a discount to multiples of 2019 enterprise value (EV)/revenue and of 2019 EV/adjusted EBITDA, reflecting NXTD's small market cap and early stage of development.
    • We note that there have been many positive recent developments at Fit Pay/PartX (see below).
    Details:
    Fit Pay/PartX update. Many positive recent developments include: 1) Fit Pay is going to provide tokenization services to enable SwatchPAY! contactless payments with Swatch watches; 2) GarminPay (powered by Fit Pay) was added to an 11th Garmin (GRMN - NR) smartwatch, and the network of banks supporting GarminPay now numbers 260 banks in 30 countries; and 3) Fit Pay expects to start shipping Flip, its contactless payment device for Bitcoin, on February 13. The announcement from Swatch (UHR.S - NR) is especially important, in our view, in that it "represents a big step towards making contactless and wearable payments more mainstream," in the words of the Fit Pay press release.
    Maintain $2 PT for stand-alone, post-spin LogicMark/NXTD. Relative to other healthcare/medical devices companies, our $2 price target represents a discount to multiples of EV/revenues (3.0x versus an average of 4.9x) and to multiples of EV/adjusted EBITDA (12.9x versus an average of 18.1x). The discounts reflect NXTD's small market cap and early stage of development, in our view. NXTD shares are currently trading at a 2019 EV/revenue multiple of 2.1x and an EV/adjusted EBITDA multiple of 9.1x.
    Recent company news:
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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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    NXT-ID, Inc. (NASDAQ:NXTD)

    is a Featured tech company on Investorideas.com
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Investorideas.com - #Miningstocks: Goldsource (TSXV: GXS) (OTCBB: GXSFF)Announces Salbora High-Grade Discovery; 69 Metres (40 Metres Est. True Width) Grading 6.52 g/t Au

Investorideas.com - #Miningstocks: Goldsource (TSXV: GXS) (OTCBB: GXSFF)Announces Salbora High-Grade Discovery; 69 Metres (40 Metres Est. True Width) Grading 6.52 g/t Au



#Miningstocks: Goldsource (TSXV: GXS) (OTCBB: GXSFF)Announces Salbora High-Grade Discovery; 69 Metres (40 Metres Est. True Width) Grading 6.52 g/t Au


Vancouver, British Columbia - January 23, 2019 (Newsfile Corp.) (Investorideas.com Newswire) Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to report a new high-grade discovery from the first two diamond core hole results based on the ongoing exploration program at the Salbora target ("Salbora"), Eagle Mountain Gold Project ("Eagle Mountain" or "Project") in Guyana. Salbora is located approximately 1.5 kilometres northwest of Eagle Mountain.
The Company's first two diamond core holes include EMD18-053 with 40.0 metres (est. true width) grading 6.52 grams per tonne ("g/t") gold ("Au") and EMD18-052 with 17.0 metre (est. true width) grading 2.82 g/t Au. Results from these near-surface diamond core holes show high-grade gold mineralization below the previously announced surface trench, TRBS18-002, which returned 123 metres (horizontal width) grading 1.92 g/t Au (see news release dated May 24, 2018). The estimated mineralized footprint at surface, determined by initial work to date, is 500 metres long, 50 to 100 metres wide, unknown depth from surface, and open in all directions (see attached Figures). Step out diamond core drilling is planned at Salbora in H1, 2019 to help further define this high-grade discovery.
Yannis Tsitos, President, commented, "These first deeper drill holes at Salbora improve our understanding of the previously announced high-grade results, which included trenching and shallow sonic core drilling. Surface projection of gold mineralization to depth is apparent and remains open in all directions. These diamond drilling results indicate the potential to delineate a near surface, wide, high-grade gold deposit at Salbora which would expand the current resources at Eagle Mountain. Hole EMD18-053 is the Company's best drill hole to date on the Project. The Company is starting a step out diamond drilling program on 50 to 100 metre centres along the suggested strike of Salbora to test continuity of high-grade mineralization and further increase our understanding of the overall grade and size of this discovery."
The following table sets out the detailed results for the Company's first two diamond core holes EMD18-052 and 53 (uncut, undiluted):
Note: All numbers rounded.
*Cutoff grade of 0.3 g/t Au.

All geochemical analyses were completed by Actlabs Guyana Inc. in Georgetown, Guyana.
Holes EMD18-052 and 53 were drilled from the same collar position in opposite directions. The combined estimated true width of the gold mineralization from both drill holes appears to be 57 metres, assuming a near-vertical mineralized dip. Both holes intercepted near surface high-grade gold mineralization in saprolite and hard rock. Estimated true widths of mineralization are preliminary and more drilling is required to confirm current geologic assumptions as presented in the attached Figures.
The Salbora discovery is located within a northwest-southeast regional structural trend several kilometres in length. Locally, the high-grade mineralization at Salbora is found within a wide near-vertical shear zone hosted in Guyanese Shield greenstones of metavolcanics and metasediments, intruded by granitoids. Gold mineralization is associated with quartz veining, stockwork and breccia within the shear zone and appears to generally correlate with disseminated sulphide (primarily pyrite) content within the hard rock, which is mainly mafic volcanics. At Salbora, saprolite is an estimated 15 to 35 metres thick.
To date, Goldsource has completed two diamond core holes (173 metres) as presented in this news release, 14 sonic shallow core holes (161 metres), 113 shallow auger drill holes (436 metres) and 11 horizontally and vertically sampled trenches (928 metres) at Salbora. Please refer to 2018 news releases dated May 24, July 12, and October 25 for previous results on Salbora. All results with gold mineralization are considered near surface and several drill holes ended in gold mineralization. Several additional auger and sonic core holes are pending results and will be reported, once they are received and compiled. Step out diamond core drilling of approximately 1,500 metres (10 to 15 holes) is planned for Salbora in H1, 2019.
The Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier, CPG, P.Eng, Executive Chairman and Chief Operating Officer for Goldsource, who has reviewed and approved its contents.
ABOUT GOLDSOURCE MINES INC.
Goldsource Mines Inc. (www.goldsourcemines.com) is a Canadian resource company working aggressively to develop its advanced-stage, 100%-owned Eagle Mountain saprolite and hard-rock gold project in Guyana, South America. From 2016 to 2017, through a gravity pilot plant initiative, the Company completed testing on gravity-only gold production and both dry and wet mining open-pit techniques. Goldsource is now focused on delivering feasibility studies to achieve large-scale gold production at Eagle Mountain. Goldsource is led by an experienced management team, proven in making exploration discoveries and in project construction.
Ioannis (Yannis) Tsitos
President
Goldsource Mines Inc.
For Further Information:
Goldsource Mines Inc.
Contact: Ioannis (Yannis) Tsitos, President
Fred Cooper, Investor Relations
Telephone: +1 (604) 694-1760
Fax: +1 (604) 357-1313
Toll Free: 1-866-691-1760 (Canada & USA)
Email: info@goldsourcemines.com
Website: www.goldsourcemines.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1
CAUTIONARY STATEMENT AND FORWARD-LOOKING DISCLAIMER
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. Such forward-looking statements concern Goldsource's strategic plans, timing and expectations for the Company's exploration and drilling programs at Eagle Mountain; and information regarding high grade areas projected from sampling results and drilling results. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; accuracy of assay results and availability of mining equipment; availability of skilled labour; timing and amount of capital expenditures; performance of available laboratory and other related services; and future operating costs. The actual results could differ materially from those anticipated in these forward-looking statements as a result of the risk factors including: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation of drilling results and other geological data; the uncertainties of resource estimations; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Figure 1: Eagle Mountain Project Exploration and Resource Expansion Targets January 2019

Figure 2: Eagle Mountain Gold Project: Salbora Target

Figure 3: Salbora Cross Section (Looking North)


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Investorideas.com - Putting their Pawprint on the #CBD #Pet Industry - SinglePoint (OTCQB: $SING), Charlotte's Web (CSE: $CWEB.C), Canopy Growth ( TSX: $WEED.TO) (NYSE: $CGC) and CannTrust (TSX: $TRST.TO)

Investorideas.com - Putting their Pawprint on the #CBD #Pet Industry - SinglePoint (OTCQB: $SING), Charlotte's Web (CSE: $CWEB.C), Canopy Growth ( TSX: $WEED.TO) (NYSE: $CGC) and CannTrust (TSX: $TRST.TO)



Putting their Pawprint on the #CBD #Pet Industry - SinglePoint (OTCQB: $SING), Charlotte's Web (CSE: $CWEB.C), Canopy Growth (TSX: $WEED.TO) (NYSE: $CGC) and CannTrust (TSX: $TRST.TO)

CBD Pet-and-animal product sales are estimated to reach $125 million by 2022


Point Roberts, WA and Delta, BC - January 23, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases part one of a two- part series looking at the future of the CBD Pet Market and the companies looking to take a bite out of the growing global pet industry.
The US pet industry expenditures are estimated at 72.13 billion for 2018 according to the American Pet Products Association and the global pet care market is expected to reach USD 202.6 billion by 2025. Combine that with New Frontier Data reporting, "Pet-and-animal product sales are estimated to reach $125 million by 2022, representing a 5-year CAGR of 57%, among the fastest-growing sectors in the CBD market" and it's easy to see why cannabis companies are pouncing on the opportunity.
Seeing the way of the future, in August 2018 Canopy Animal Health, a division of Canopy Growth Corporation (TSX:WEED.TO) (NYSE:CGC) that focuses on healthcare products for companion animals, received approval from the Veterinary Drug Directorate to research the possible therapeutic effects of cannabidiol on anxiety.
Canopy Animal Health notes on its website, "While the existence of cannabinoids has been known for centuries, the concept of using naturally occurring cannabinoids as therapeutics for companion animals is a new forefront of medical discovery."
Now a growing number of CBD manufacturers are beginning to take notice and develop their own lines of pet products, especially after the reclassification of CBD in the US.
SingleSeed.com, a subsidiary of SinglePoint (OTCQB: SING), a company with a history in the cannabis market recently launched PHYTO-BITES on SingleSeed.com. The company's subsidiary SingleSeed.com has added a new vertical, serving pet owners with a brand-new offering that is formulated to reduce stress, pain, separation anxiety and inflammation. PHYTO-BITES is manufactured and supplied by CBD Unlimited, formerly Endexx. The two companies are working collaboratively to distribute this product online and in stores all over the nation.
GrandView Research, looking at the global pet care market notes that based on type, dogs held the largest market share. SinglePoint (OTCQB: SING) strategically plans to make PHYTO-BITES one of its premier offerings because of the size of the market and the market penetration potential.
Looking at entering the pet market as part of the company's overall growth strategy in the cannabis sector, Greg Lambrecht, CEO of SinglePoint said, "We are very excited to add this to our list of products. The pet market is a tremendous opportunity and we plan to attend and use all our contacts to promote this product at every opportunity we are presented with."
Also going after the dog market, Charlotte's Web Holdings, Inc., (CSE:CWEB) (OTC: CWBHF)   describes their pet product line saying, "Our high quality hemp extract with easily digestible and healthy MCT oil helps dogs to maintain a sense of calm plus support for their active hips and joints. Contains 16.5mg of CBD per mL."
Charlotte's Web full product line includes CBD Oil tinctures, CBD capsules, CBD topicals, as well as CBD pet products, which will require a large quantity of consistent hemp product available as these markets take off.
From dogs to wolves…In April 2018, CannTrust Holdings Inc. (TSX:TRST.TO), one of Canada's leading licensed producers of medical cannabis, announced that it entered into a letter of intent with Grey Wolf Animal Health Inc. to develop groundbreaking cannabis products to support the well-being of pets.
Grey Wolf Animal Health Inc. announced that it has acquired Veterinary Healthcare Solutions Inc. to accelerate the growth of Grey Wolf's business and complements its existing portfolio of specialty animal health products for the veterinary channel. The transaction is immediately accretive to both revenue and EBITDA and provides Grey Wolf with a portfolio of commercial products and a national sales force platform to support its pipeline of current and future products. Financial terms of the deal were not disclosed.
As CBD products for pets become more available and pet owners become more accepting of the benefits, investors can expect this to become a more competitive landscape. This may lead to a parallel path of the CBD beverage industry with big-name brands partnering and seeking acquisitions.
Continued in Part 2; Investorideas.com will explore some of the other companies looking to get their teeth into this sector and what's driving this market.
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 - 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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This news is published on the Investorideas.com Newswire - News that Inspires big ideas 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: this news article featuring SING is a paid for news release on Investorideas.com. Learn more about costs and our services https://www.investorideas.com/News-Upload/
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Investorideas.com - Retail #Investors Ahead of Institutional Investors in #Cannabis Stocks - (OTC: $HIPH) (NYSE: $CGC) (NYSE: $APHA) (NASDAQ: $CRON) (NASDAQ: $TLRY)

Investorideas.com - Retail #Investors Ahead of Institutional Investors in #Cannabis Stocks - (OTC: $HIPH) (NYSE: $CGC) (NYSE: $APHA) (NASDAQ: $CRON) (NASDAQ: $TLRY)



Retail #Investors Ahead of Institutional Investors in #Cannabis Stocks - (OTC: $HIPH) (NYSE: $CGC) (NYSE: $APHA) (NASDAQ: $CRON) (NASDAQ: $TLRY)


Point Roberts, WA and Delta, BC - January 23, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the growing trend of institutional coverage and funding in the cannabis sector and how a once frowned upon industry is now the big-boys new 'darling'.
In any industry that builds success, history shows the little companies lead innovation and take the risk and once the value proposition is proven, the big companies step in to grab their share. The same can hold true for investing; small retail investors see the big picture before the institutional investors - and never has this pattern been more true than with the cannabis sector.
Retail investors can pat themselves on the back following Friday's news that CIBC's Institutional Equity Research team initiated coverage on Canopy Growth (TSX: WEED.TO) ( NYSE: CGC) , Cronos (TSX: CRON.TO)(NASDAQ: CRON) and Aphria (TSX: AHPA.TO) (NYSE: APHA).
In their report, 'Cannabis: The Beginning of a Global Seismic Shift', they stated:
Our Conclusion: "Investors rarely get to witness the birth of an industry. Such historic events include the gold rush, inventions of the automobile and aircraft, and the internet. In most instances, investors rush to pour capital into the sector, and while the industries develop, very few companies live up to their lofty expectations. We expect cannabis to follow this course. Dozens of small/medium-sized firms will likely earn moderate revenues and earnings, but our view is that only a handful will come to dominate the global market. We believe Canopy and Cronos are likely to be two of those winners; meanwhile, we view Aphria as a manufacturing and automation expert, but believe concerns about capital allocation and corporate governance could deter investors. Effective January 17, we initiate coverage of Canopy Growth with an Outperformer rating and $65 price target; Cronos Group, with an Outperformer rating and $22 price target; and Aphria, with a Neutral rating and $10 price target."
Retail investors usually see a bump in the share price once the bigger institutional investors step in and that was definitely the case following the January 15th news from CBD beverage company, American Premium Water Corporation (OTC: HIPH) that it had entered into a financing agreement with an institutional investor at a $0.40 valuation, ten times the current market valuation. As part of the agreement, a substantial portion of the Company's convertible debt will be retired. The retirement will be reflected in the Company's 1st quarter 2019 financials.
American Premium CEO, Ryan Fishoff, commented, "I am thrilled to announce that the Company has entered into this agreement at a 10x valuation! This is an affirmation of the Company's business plan and the initiatives it has implemented over the past year. It's a vote of confidence to the direction of the Company and we will continue to work hard to execute on the business plan to achieve the goals and benchmarks that I laid out for 2019. There is still a tremendous amount of work to do, but we (the Company) are certainly emboldened by this financing agreement, which will give the Company the capital to implement its 2019 plan. This agreement also meets the Company's goal to reduce convertible debt and strengthen the balance sheet. This is a win for the Company and our shareholders."
Piper Jaffray analyst Michael Lavery also joined the pro-cannabis ranks in early January, initiating coverage of Tilray (NASDAQ: TLRY) and Canopy Growth (TSX: WEED.TO) ( NYSE: CGC) saying, "We do believe the long-term growth opportunities are significant - both from transitioning illicit trade to legal sales, medical sales, and from transitioning sales in health & wellness categories to CBD-infused products." Canopy Growth rose 13 percent following the news.
TLRY ( NASDAQ: TLRY) also gained over 19.% mid-January following news that its largest shareholder, Privateer Holdings, led by venture capitalist Peter Thiel, co-founder of PayPal, would not sell their shares until the first half of 2019.
So it's clear the impact institutional investors have in the market, but their entry into the cannabis market is still just limited to a handful of players. Retail investors can bet there are more to come.
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 - 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.
Follow us on Cannabis Social Media
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: this news article featuring HIPH is a paid for news release 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: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Contact Investorideas.com
800-665-0411
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