Thursday, January 24, 2019

Investorideas.com - #CryptoCorner: CBOE Withdraws Rule Change That Would Allow Bitcoin ETF, New York Approves Two New BitLicenses, Galaxy Digital to Fundraise $250 Million for Crypto Credit Fund and IMF Criticizes Malta’s Blockchain Policies

Investorideas.com - #CryptoCorner: CBOE Withdraws Rule Change That Would Allow Bitcoin ETF, New York Approves Two New BitLicenses, Galaxy Digital to Fundraise $250 Million for Crypto Credit Fund and IMF Criticizes Malta’s Blockchain Policies



#CryptoCorner: CBOE Withdraws Rule Change That Would Allow Bitcoin ETF, New York Approves Two New BitLicenses, Galaxy Digital to Fundraise $250 Million for Crypto Credit Fund and IMF Criticizes Malta’s Blockchain Policies

January 24th #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 24, 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:

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CBOE Withdraws Rule Change That Would Allow Bitcoin ETF, New York Approves Two New BitLicenses, Galaxy Digital to Fundraise $250 Million for Crypto Credit Fund and IMF Criticizes Malta’s Blockchain Policies

According to a recently published notice, Cboe BZX Exchange, Inc. has withdrawn a proposed rule change that would have allowed trading of a bitcoin ETF issued by VanEck and SolidX. In an interview with CNBC, VanEck CEO Jan Van Eck explained that the government shutdown had stalled talks regarding the ETF proposal.
"The SEC is affected by the shutdown. We were engaged in discussions with the SEC about the bitcoin-related issues, custody, market manipulation, prices, and that had to stop. And so, instead of trying to slip through or something, we just had the application pulled and we will re-file and re-engage in the discussions when the SEC gets going again."
press release from New York's Department of Financial Services (DFS) today indicates that the regulator has approved BitLicense applications of Robinhood Crypto LLC and crypto ATM provider LibertyX. Financial Services Superintendent Maria T. Vullo commented:
"DFS continues to lead the way in responsibly supervising and advancing innovation in New York's flourishing financial technology sector through a strong state-based regulatory regime. Today's approvals add to the growing list of responsible virtual currency providers who recognize and appreciate how a comprehensive regulatory framework fosters a competitive marketplace that benefits both consumers and industry."
CoinDesk reports that crypto merchant bank Galaxy Digital is raising $250 million to build a credit fund. According to "people familiar with the matter", the fund would offer loans in U.S. dollars to struggling crypto firms and loans would have to be backed by collateral such as crypto tokens, crypto mining devices and property. The first round of fundraising is expected to close in March.
The Times of Malta reports that an International Monetary Fund (IMF) mission has said that "the growth of blockchain in Malta created significant risks of the financial system being used for money laundering and terrorism financing". The mission also criticized the volume of activity in the crypto space on "Blockchain Island".
"The increasing number of financial entities under supervision, the rapid development of new products, the evolving regulatory environment and the tightening of the labour market have put the Malta Financial Services Authority under considerable strain."
Sam Mowers, Investorideas
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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/


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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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Investorideas.com Newswire - The #AI Eye: Veritone (Nasdaq: $VERI) Expands Agreement with Beasley Media Enabling Greater Adoption of aiWARE Platform and Cognetivity Neurosciences (CSE: $CGN.C) Raise $4.1 Million for Breakthrough AI Tech

Investorideas.com Newswire - The #AI Eye: Veritone (Nasdaq: $VERI) Expands Agreement with Beasley Media Enabling Greater Adoption of aiWARE Platform and Cognetivity Neurosciences (CSE: $CGN.C) Raise $4.1 Million for Breakthrough AI Tech



The #AI Eye: Veritone (Nasdaq: $VERI) Expands Agreement with Beasley Media Enabling Greater Adoption of aiWARE Platform and Cognetivity Neurosciences (CSE: $CGN.C) Raise $4.1 Million for Breakthrough AI Tech

Global Self-Driving Vehicle Market to Hit $172.3 Billion by 2024


Point Roberts, WA and Vancouver, BC - January 24, 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: Veritone (Nasdaq: $VERI) Expands Agreement with Beasley Media Enabling Greater Adoption of #aiWARE Platform

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

Global Self-Driving Vehicle Market to Hit $172.3 Billion by 2024

A new report from Research and Markets finds that the Global Self-Driving Vehicle market will reach $172.3 billion USD by 2024. Data indicates that North America is expected to lead this sector through the forecast period of 2019-2024 and that the global long haul trucking market will grow at a compound annual growth rate (CAGR) in excess of 60 percent in the same period. An excerpt from the report summary reads:
In terms of general consumer adoption, the publisher anticipates that end-users will not fully embrace self-driving vehicles until the 2024 timeframe. In addition to overcoming public trust factors relative to safety, the autonomous vehicle market is also focused on the major consumer upsides to self-driving vehicles, which include less expensive transport, opportunities for ride sharing and fractional ownership, and ultimately reduced outright leasing and ownership of cars, vans, and trucks.

Veritone Expands Agreement with Beasley Media Enabling Greater Adoption of aiWARE Platform and Cognetivity Neurosciences Raise $4.1 Million for Breakthrough AI Tech

Stocks discussed: (NasdaqGM:VERI) (NasdaqGM:BBGI) (CSE:CGN)

Veritone, Inc. (NasdaqGM:VERI) has announced a renewed and expanded multi-market licensing agreement with Beasley Media Group, a subsidiary of Beasley Broadcast Group (NasdaqGM:BBGI). Veritone's aiWARE platform enables Beasley Media Group to provide advertisers and brands with near real-time insights and analytics into their advertising campaigns. The agreement doubles the number of stations using aiWARE to 28, across six markets. Veritone co-founder and President Ryan Steelberg commented:
"Veritone developed aiWARE so that organizations in virtually any industry can easily take advantage of the power of artificial intelligence. Media broadcasters were the first industry segment to adopt aiWARE and we're thrilled that radio station groups of all sizes are experiencing great success and operational efficiencies by using our AI platform. Their advertising customers benefit from new insights and campaign performance analytics similar to those in digital media, enabling budget and campaign optimization in whole new ways. It's a win-win situation for both radio stations and advertisers."
Cognetivity Neurosciences Ltd. (CSE:CGN) has recently raised $4.1 million to commercialize breakthrough AI technology to improve dementia diagnoses through the UK, which could potentially save $118,000 per patient. According to a press release, "The company's five-minute Integrated Cognitive Assessment (ICA) test uses AI and machine learning techniques to help detect the earliest signs of impairment by testing the performance of large areas of the brain, potentially allowing early diagnosis of dementia." Dr. Sina Habibi, the company's CEO and Director, said:
"2019 has got off to a great start, with Cognetivity being featured in Forbes as one of five young companies making an impact on the world to watch In 2019. Our main goal is, and always has been for our technology to help as many people as possible, and this recognition is another fantastic endorsement of our aims and the company's enormous potential."
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: GOPHAvant! 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.
About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/
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:
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: Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com - More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.
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Investorideas.com - #Cannabisstocks: ISBG (OTCQB: $ISBG) Announces Official Launch of Live #CBD Sales, @DrinkISBG

Investorideas.com - #Cannabisstocks: ISBG (OTCQB: $ISBG) Announces Official Launch of Live #CBD Sales, @DrinkISBG



#Cannabisstocks: ISBG (OTCQB: $ISBG) Announces Official Launch of Live #CBD Sales, @DrinkISBG


LAS VEGAS, NV - January 24, 2019 (Investorideas.com Newswire) International Spirits and Beverage Group Inc. (OTCQB:ISBG) ("ISBG" or the "Company"), a top-tier brand incubator in the Global Wine & Spirits and CBD-Infused Products markets, is excited to announce the official launch of live sales of its inaugural CBD product, P19 CBD Gummies. The Company is eager to get sales rolling in, so it is launching through an initial temporary site dedicated to this one product: www.buycbdp19.com. The Company's initial product, P19, will feature 10 x 25mg of nano-infused pure CBD, providing superior bioavailability.
The site will go live during the day this Friday (January 25, 2019). The Company will send out a tweet from its Twitter feed, @drinkISBG, when the site is live and interested customers can place orders to purchase P19 CBD Gummies. This initial push will be complimented by the Company's stated strategy to market and sell its CBD products on both Amazon.com and Google.com.
ISBG CEO Terry Williams stated, "It has been a long road to get to this point, and we have had to overcome a number of difficult obstacles. But we are finally ready to flip the switch and start to monetize our investment. Given the establishment of our key partnerships, the development of our ecommerce platform, and our plan to include Amazon and Google as avenues of distribution, we feel very confident about selling through our first purchase order of $115K, and we expect to see more such orders in coming weeks. This initial website will soon be replaced with a more robust site eventually featuring a complete product line-up."
Management also notes that the P19 CBD Gummies are the first product in a series that will be rolled out over e-commerce for ISBG over coming weeks, with the next product set to go live next week. In addition, a new and more comprehensive e-commerce platform and website is still under construction and will launch at a later date.
"Our partnership with BioPulse Labs provides the production capabilities, scalability, sales infrastructure, operational tools, and expertise for us to step into the market with confidence, and our new Health and Wellness segment is already poised to drive tremendous growth to kick off 2019," continued Mr. Williams. "The Farm Bill was a watershed moment for this industry, and we believe we will see in retrospect that this was a pivot toward even greater acceleration in the CBD space because it's opening people's eyes to the health and wellness benefits of CBD, including stress management, pain management, and as a general preventative for a host of ailments and a sense of balance and personal health, including its impact as a sleep-aid, providing a higher quality of regenerative sleep. The Farm Bill is like a door opening that will allow everyone to look inside and see how valuable this product can be."
About ISBG:
International Spirits and Beverage Group (ISBG) is an authorized importer, licensor, and marketer of premium beverage brands, with sales of innovative products and brands worldwide. Based in Nevada, the Company's expertise lies in the strategic development and aggressive early growth of its brands and the establishment of these brands as viable and profitable as an incubator. ISBG intends to nurture emerging brands through critical stages of market development, including conceptualization, go-to-market strategy, supply chain and logistics engineering, integrated marketing, and distribution. In addition, ISBG has now established itself as a health and wellness company with a focus on reshaping the CBD products market through state-of-the-art nanotechnology processes, developing a wide range of nano-infused CBD gummies and beverages formulations. These products will be sold through the Company's website, as well as through established wholesale and retail distribution channels. The company has also partnered with Bengala Technologies to develop and commercialize enterprise and B2B software technology products targeting the logistics and supply-chain marketplace.
Forward Looking Statements: This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including "could", "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential" and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company's reports filed from time to time with OTC Markets (www.otcmarkets.com).
Contact:
For Additional Investor Information:
International Spirit & Beverage Group, Inc.
info@isbg.global
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Investorideas.com - Taking a Bite out of the #CBD market Part 2: Happy Wife, Happy Life, and your Little #Dog Too - Looking at SinglePoint (OTCQB: $SING), Isodiol International (CSE: $ISOL.C) (OTC: $ISOLF), True Leaf (CSE: $MJ.C) and Dixie Brands (CSE: $DIXU.C)

Investorideas.com - Taking a Bite out of the #CBD market Part 2: Happy Wife, Happy Life, and your Little #Dog Too - Looking at SinglePoint (OTCQB: $SING), Isodiol International (CSE: $ISOL.C) (OTC: $ISOLF), True Leaf (CSE: $MJ.C) and Dixie Brands (CSE: $DIXU.C)



Taking a Bite out of the #CBD market Part 2: Happy Wife, Happy Life, and your Little #Dog Too - Looking at SinglePoint (OTCQB: $SING), Isodiol International (CSE: $ISOL.C) (OTC: $ISOLF), True Leaf (CSE: $MJ.C) and Dixie Brands (CSE: $DIXU.C)


Point Roberts, WA and Delta, BC - January 24, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks continues with part two of its series on companies targeting the global CBD pet market and what's driving this sector.
Recently the 'Chicago Tribune' reported "Looking to relieve her miniature dachshund Parky's arthritis, mother of two Teressa Sworsky discovered hemp oil." When your wife is selling it and your dog is taking it, it's time to do your research. CBD is hitting target consumers in a big way - women and their pets!
Even Vanity Fair is talking about the CBD pet market. In an article in December, they reported, "CBD has infiltrated wellness products of all kinds for humans. Pets were probably the inevitable next frontier."
Marking their territory, Isodiol International (CSE: ISOL) (OTCQB: ISOLF), focused on the nutritional health benefits derived from hemp, last October announced the launch of Pawceuticals, a CBD-based product line that naturally aids in restoring a pet's health and improving overall wellness.
As for what drove them to this sector, CEO Marcos Agramont said, "Pet owners are more passionate than ever about the health and wellness of their pets. Pet owners today prefer products that are all natural and less harmful than standard veterinary prescribed medications. CBD offers powerful benefits especially when combined with other adaptogens to help maintain and improve pet health and overall wellness without producing unwanted side effects."
SinglePoint (OTCQB: SING), mentioned in Part 1 of our series, remains in a unique position in the emerging CBD space. As both an online marketer and payments processor, the company looks to be in a strong position to help deliver CBD products to their target markets. Unlike many of the other publicly traded, cannabis-focused companies, SinglePoint has no connection with cannabis plants and cultivation, so the company should be able to take full advantage of the recently passed 2018 Farm Bill.
SinglePoint's subsidiary SingleSeed recently launched PHYTO-BITES on SingleSeed.com to target the growing CBD pet market, saying on the SingleSeed blog 'CBD for Pets' - "We love our pets. Raising pets like they are members of our families means we go the extra mile for them; especially when it comes time to address their health problems. More and more pet owners are turning to CBD to help their buddies in similar fashions. Phyto-Bites CBD Soft Chews are for use in dogs and are formulated to promote health and support the reduction of separation anxiety, pain and inflammation."
This passion for animals seems to be the biggest factor separating the CBD pet sector from the CBD market in general.
True Leaf Medicine International (CSE:MJ) (OTC:TRLFF), a global cannabis and hemp wellness brand for pets, announced in December that the Company donated $10,000 (USD) to the Hemp Feed Coalition to advance its efforts to engage the US.FDA on new uses of hemp for pets.
The Hemp Feed Coalition, (includes True Leaf), is a diverse group of industry stakeholders such as hemp producers, veterinarians, regulatory bodies, retailers, colleges, and universities. Its goal is to obtain US Food and Drug Administration and Center for Veterinary Medicine (FDA-CVM) approval of new uses for hemp grain products in pet food and animal feed. While the Farm Bill legalizes hemp and recognizes it as an agricultural product, the FDA-CVM must still approve new pet products with added hemp.
True Leaf's True Hemp™ pet supplements are currently on shelves in PetSmart Canada, Pet Supplies Plus USA, Pets Corner UK, and Das Futterhaus in Germany.
As demand grows for CBD pet products, companies must look to distribution as well as production. Dixie Brands (CSE: DIXI.U), one of the cannabis industry's consumer packaged goods companies, recently announced new leadership and priorities for its pet wellness company, Therabis. Dixie hired specialty pet food and CPG veteran Bob Rubin as the first President of Therabis, with the objective of significantly growing the brand's retail presence and sales. 
Therabis plans to significantly expand its "bricks and mortar" presence in 2019 to complement its successful e-commerce platform, www.therabis.com and recently signed an agreement with Central Garden & Pet, a distributor with access to thousands of retail locations nationwide.
As online and retail sales deals like this emerge, the big question is 'when will online retailers like Amazon will officially sell CBD pet products?' There are currently a small portfolio of products available on Amazon here, though the efficacy and legitimacy of products is in question. Amazon has made no statement regarding their online sales of CBD, but perhaps that is only a matter of time...
Read part one of the series on CBD pet markets.
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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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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. 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.aspDisclosure: 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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Wednesday, January 23, 2019

Investorideas.com - Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSX.V: $PURE.V) (OTC: $PRCNF) (CSE: $TOOL.C) (OTCPK: $TLOOF) (CSE: $SAFE) (TSX.V: $HEMP.V) (TSX: $APHA.TO) (NYSE: $APHA)

Investorideas.com - Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSX.V: $PURE.V) (OTC: $PRCNF) (CSE: $TOOL.C) (OTCPK: $TLOOF) (CSE: $SAFE) (TSX.V: $HEMP.V) (TSX: $APHA.TO) (NYSE: $APHA)



Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSX.V: $PURE.V) (OTC: $PRCNF) (CSE: $TOOL.C) (OTCPK: $TLOOF) (CSE: $SAFE) (TSX.V: $HEMP.V) (TSX: $APHA.TO) (NYSE: $APHA)


Delta, Kelowna, BC - January 23, 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 potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:

Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSX.V: $PURE.V) (OTC: $PRCNF) (CSE: $TOOL.C) (OTCPK: $TLOOF) (CSE: $SAFE) (TSX.V: $HEMP.V) (TSX: $APHA.TO) (NYSE: $APHA)

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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 are looking at announcements from Pure Global Cannabis Inc. (TSX.V:PURE) (OTC: PRCNF), Trackloop Analytics Corp. (CSE: TOOL) (OTCPK: TLOOF), 3 Sixty Risk Solutions Ltd. (CSE: SAFE), Hempco Food and Fiber Inc. (TSX.V: HEMP) and Aphria Inc. (TSX:APHA) (NYSE:APHA).
Pure Global Cannabis Inc. an integrated, growth-oriented life sciences and cannabis consumer products company, through its operating subsidiary PureSinse Inc.,announced the launch of its e-store at PureSinse.com, subsequent to receiving its Sales License from Health Canada on January 11, 2019. The online store is ready to service physicians and register medical cannabis patients from across Canada who hold a valid medical document. Once registered, patients can purchase quality tested premium legal cannabis products from PureSinse for secure discreet courier delivery.
"We are excited to open our PureSinse e-store and start servicing the medical community which we feel is hugely underserviced," said Malay Panchal, President and CEO of Pure Global. "Our site is robust, user-friendly, easy to navigate, and we have many patients already pre-registered. It offers an optimal user experience, with enhancements to follow that will offer more education and clinical material. This is the start of revenue generation for the company as we strive towards servicing thousands of patients by year end," added Mr. Panchal.
As a Health Canada approved licensed producer, PureSinse will continue to add quality cannabis products to the eStore as they become available. Currently the company is licensed to sell dried flower and will be adding oils and oil derivative products upon receiving further Health Canada approvals. PureSinse products are made with sustainable and recyclable packaging, and strive to adopt sustainable methods throughout its production, processing, operating, and packaging methodology. Registered patients will receive expedited delivery and free home shipping for purchases over $100 CAD.
Trackloop Analytics Corp. announced that it has become a verified California METRC software vendor, with its fully functional API integrated with the State mandated compliance platform. Trackloop is the first company with a cold chain tracking solution to be approved by METRC. The Company's platform enables the instant and automated recording of all transactions, quality control, deliveries and movement of products. In addition, Trackloop's solution offers native scheduling and API integration with other scheduling platforms, alongside its flagship cold chain module. No other METRC approved vendor in California has these capabilities in a single, integrated solution.
METRC is the State of California's 'track-and-trace' system used to track commercial cannabis activity and movement across the distribution chain ("seed-to-sale"). Reporting to METRC is major requirement of licensed producers and distributors in the State and is mandated by the California Department of Food & Agriculture, alongside the California Bureau of Cannabis Control and the Manufactured Cannabis Safety Branch. METRC compliance and reporting is required by every stakeholder along the supply chain including cultivators, manufacturers, retailers, distributors, testing laboratories and microbusinesses.
Trackloop is looking beyond Cannabis industry, expanding its existing business in the food and perishables industry. The Company is currently looking at building its sales channels in California and working with other end-user vendors in the vehicle retrofitting space. At the same time, Trackloop is in the process of METRC approval in multiple other jurisdictions in the US.
3 Sixty Risk Solutions Ltd. announced that the Company, which operates through its wholly-owned subsidiary, 3 Sixty Secure Corp., is supporting the Ontario Cannabis Store ("OCS"), which focuses on providing safe and responsible access to cannabis in Ontario. 3Sixty has entered into a multiyear agreement with OCS to provide secure transport services which contribute to the safe delivery of cannabis products within the OCS distribution network.
"I am extremely pleased that we were selected by OCS to provide security services and to contribute to safe and responsible access to cannabis in Ontario," said Thomas Gerstenecker, CEO and Founder of 3Sixty. "We believe that our agreement with OCS highlights the world-class quality of our security services and the impressive pedigree of our customer base. We continue to seek new services to offer to our existing customers and we are looking beyond our borders for geographic expansion opportunities that allow us to export our expertise across Canada, the US and internationally as we seek organic growth and consider disciplined M&A opportunities to accelerate growth."
Hempco Food and Fiber Inc. (TSX.V: HEMP) announced its Q1 2019 results for the period ending November 30, 2018.
Some of their Operational and Strategic Highlights were:
  • Revenues increased by 47% over the same period in fiscal 2018 and a 175% sequential increase over the previous quarter. Revenue growth was due to execution of the Company's recently announced 5-Prong strategy, including entering into new international markets (e.g New Zealand), and the development of new distribution channels (the Company added distributors in Ontario and Quebec). While bulk sales continued to be the largest contributor to revenue, at 76% of sales for the quarter, the Company's premium consumer packaged goods ("CPG") brands, PLANET HEMP™ for consumers and PRAISE for the animal food supplement market, showed strong momentum and now account for 24% of revenues in the quarter, up from the 21% for fiscal 2018.
  • The Company is progressing well with the commissioning of its new 56,000 square foot, 2.88 million kg/year, hemp-seed processing facility in Nisku, Alberta. The Company anticipates further product diversification from its Nisku plant upon commissioning of its industrial fiber processing line, expected for the current calendar quarter. The Nisku facility enables the production of bulk hemp products such as hemp seed protein, hulled hemp seeds, animal hemp supplements, hurd and fiber, and allows for further portfolio expansion of the Company's higher margin CPG product lines under the Company's premium brands PLANET HEMP™ and PRAISE.
  • The historic passing of the U.S. 2018 Farm Bill means hemp is no longer considered an illegal substance in the U.S. As well, the FDA recently classified hulled hemp seeds, hemp seed protein and hemp seed oil as 'Generally Recognized as Safe' (GRAS) for human consumption. This means hemp products not containing CBD can now legally be marketed in human foods without seeking prior food-additive approval. Based on these significant changes, Hempco anticipates market opportunities to expand for all its product categories within the U.S.
  • Significant distribution partners were established during the quarter in both Ontario and Quebec for PLANET HEMP Superfood™, as well, a first order from a major New Zealand importer was completed successfully. Hempco participated in the Supply West Trade Show in Las Vegas to build awareness and pursue new bulk customers. Hempco will continue to seek out new opportunities to deepen its market penetration as it remains focused on the execution of its 5-Prong Strategy.
  • Aurora Cannabis Inc. now holds 52% of the issued and outstanding Hempco common shares. Aurora holds a $5 million debenture of which the principle amount could be converted into 4.2 million Hempco shares. Upon conversion, Aurora's ownership interest in Hempco would increase to 55%.
"We achieved a marked improvement in our quarterly performance as compared to both the previous quarter and the prior year's quarter, resulting directly from the successful execution of our 5-Prong Strategy," said Diane Jang, CEO. "Hempco has built a solid foundation for expansion of its premium CPG product lines PLANET HEMP™, and PRAISE. We see further opportunities to grow our bulk hemp product segment by entering new growth markets. The passing of the Farm Bill in the U.S. creates additional opportunities for Hempco to accelerate development of our hemp product lines in the U.S. Lastly, with our Nisku plant being commissioned and anticipated to become fully operational shortly, we will be able to support the major sales channels we have and new sales developments, both with existing and new products."
Aphria Inc. today confirmed that Green Growth Brands Inc. has commenced an unsolicited take-over bid to acquire all outstanding common shares of the Company, other than the common shares of the Company owned by GGB or its affiliates, in exchange for 1.5714 common shares of GGB.
Aphria shareholders are advised to take no action on the Offer until Aphria's Board of Directors has made a formal recommendation to shareholders. Having received the Offer, the independent committee of Aphria directors will consider it with its advisors before making a formal recommendation to Aphria's Board of Directors. Shareholders will be notified of any recommendation of the Board of Directors through a news release and Directors' Circular in accordance with applicable securities laws. Shareholders are also encouraged to visit AphriaFuture.ca for more information.
The Company noted that the Offer's terms are substantially identical to the unsolicited proposal announced by GGB on December 27, 2018. At that time, the Aphria Board stated that it had determined that GGB's unsolicited proposal significantly undervalued the Company relative to its current and future value. Based on the 20-day volume weighted average price of GGB shares before GGB's initial proposal and the expressed exchange ratio of 1.5714 common shares of GGB for each Aphria share, the Offer reflects a discount of -23% to the Company's average share price over the same period.
Irwin Simon, Aphria's independent Board Chair, said, "Aphria is a market leader and has a tremendous opportunity to create substantial value for shareholders. Any offer would necessarily need to be evaluated against the current and future value of our current strategic plan. We are also determined to protect Aphria shareholders from opportunistic offers that fail to reflect the substantial value and growth prospects we have built at Aphria. We will evaluate GGB's offer in this spirit."
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