#CryptoCorner: BTC Loses $11K Support as Trade War Cools, Samsung adds BTC Support, Barclays Ends Relationship with Coinbase and #Crypto Payments Startup Flexa Partners with CoinSquare to Come to Canada

#CryptoCorner: BTC Loses $11K Support as Trade War Cools, Samsung adds BTC Support, Barclays Ends Relationship with Coinbase and #Crypto Payments Startup Flexa Partners with CoinSquare to Come to Canada

Point Roberts, WA, Delta BC,  August 14, 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 14 Crypto Corner

Stocks discussed: (KSE:005930) (NYSE:BCS)

Bitcoin (BTC) took a bit of a tumble yesterday, dropping from a trading price of around $11,000 USD about this time yesterday, down roughly five percent to a present trading price of $10,500 USD, according to CoinMarketCap. If we zoom out, we see that this is part of an unsteady decline over the past week, which Bitcoin started with a trading price closer to $12,000. Some, like Euro Pacific Capital CEO Peter Schiff, argue that this drop in price is a result of the U.S. - China trade war cooling off as of late. Schiff tweeted:

Now that trade tension with China has eased, the pressure on the yuan is off.  Those who bought Bitcoin to speculate on Chinese safe haven buying, which never happened, are taking their chips off the table.

According to an update on its Developers website, Samsung (KSE:005930) has added Bitcoin support to its Blockchain Keystore. The Keystore is currently supported on the Galaxy S10e, S10, S10+, S10 5G, Note10 and Note10+, in Canada, Germany, South Korea, Spain, Switzerland, the U.S. and the U.K.

CoinDesk reports that banking giant Barclays (NYSE:BCS) is no longer working with crypto exchange Coinbase. Formerly, Barclays connected Coinbase to the U.K. Faster Payments Scheme (FPS), which allowed users to instantly withdraw and deposit British pounds at the exchange. Coinbase has since moved on and is working with upstart ClearBank, which is “expected to restore Coinbase’s FPS access by the end of the third quarter”. A UK crypto company CEO, who chose to remain anonymous, told CoinDesk:

“It is my understanding that Barclays’ risk appetite has contracted a little – I’m not sure exactly why or what’s been driving that, maybe there has been some activity they are not happy with. But it’s about Barclays’ comfort level with crypto as a whole.”

U.S.-based crypto payments startup Flexa announced in a blog post yesterday, that it is partnering with Canadian crypto exchange CoinSquare. According to the post, this will bring:

…instant cryptocurrency payments online in 7,500+ merchant locations across Canada (including some of the nation’s largest retail, entertainment, and fuel brands) by the first week of September.

Sam Mowers, Investorideas

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#Cannabis Drinks Boosting #Business (OTC: $HIPH) (NASDAQ: $NBEV) (TSX: $TGOD.TO) (NYSE: $HEXO)

#Cannabis Drinks Boosting #Business (OTC: $HIPH) (NASDAQ: $NBEV) (TSX: $TGOD.TO) (NYSE: $HEXO)

Point Roberts, WA and Delta, BC - August 14, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot reporting on recent news and developments in the CBD beverage sector.

The future of the beverage market is clearly pointing to the cannabis industry. A recent Forbes article sums it up, "Cannabis drinks are already big business, and they're growing fast. When people think about cannabis, the first thing that comes to mind is usually smoking it, then vaping it or eating it inside an edible. Until recently, the idea of drinking cannabis wasn't really on most people's radars. But that's starting to change"

American Premium Water Corporation (OTC: HIPH), known for its LALPINA CBD water, just reported today that the two-container order the Company received earlier this year is on track for delivery in September. This order will generate over $200,000 in topline revenue. Due to ongoing fluctuations in the British Pound, the final sale amount from this order will be realized at delivery according to Generally Accepted Accounting Principles (“GAAP”).

Read this in full at https://www.investorideas.com/news/2019/cannabis/08141CannabisDrinks.asp

American Premium Water Corporation CEO, Ryan Fishoff stated: “The Company continues to execute its business plan. With completion of financing from this delivery and other sales and revenue initiatives, I am confident that the Company will surpass its most recent guidance of $1 million in revenue for the 2019 fiscal year. The Company is focused on deriving roughly 50% of revenue from outside the US; this order will help guide us to that benchmark. The Company is generating revenue from other outlets, with larger transactions in the pipeline, which has given us the confidence to reaffirm guidance, including our JV with Hanlons Brewery.” (www.hanlonsbrewery.com)

“We are focusing all our energies and efforts into exceeding the $1 million revenue target and we’re confident that we may very well exceed it. We are also moving full steam ahead with our audit, led by our retained auditors Weinberg & Co. (http://www.weinbergla.com/), and once that is complete, begin the process to uplist. There are a lot of exciting initiatives in the pipeline; I look forward to sharing updates with the investor community on these and other developments in the near future.”

The company also reports, “LALPINA CBD water can now be purchased online by visiting https://www.singleseed.com/product/lalpina-cbd-water-6-pack/”

NEW AGE BEVERAGES CORPORATION (NASDAQ: NBEV) reported on August 8^th,  “record financial results for the second quarter ended June 30, 2019. The Company achieved record sales, with net revenue reaching $66.3 million versus a prior year of $13.4 million, a growth of 397%.”

According to Zack’s Research, New Age Beverages is benefiting from strength in its portfolio of brands. This also includes the enhancement of cannabis-infused beverage portfolio.

Additionally, the company is on track to expand its core brand portfolio. It is likely to gain from its strategic buyouts such as the Morinda acquisition. Notably, it is in the process of integrating Morinda into New Age. This acquisition was completed on Dec 21, 2018.

Furthermore, New Age Beverages has been strengthening its foothold in the e-commerce distribution system. Moreover, it is focused on accelerating business in the second half of 2019 by strengthening organic growth, with the launch of CBD portfolio, expanding core brands’ national distribution in the United States, and a number of other initiatives in the second quarter and throughout the rest of 2019.

KEY HIGHLIGHTS:

Net revenue reached an all-time high of $66.3 million, up 397% over Q2 2018 and a 14% increase sequentially from Q1 2019.

Gross margins increased to 63% compared to 13% in the prior year quarter.

Achieved positive Adjusted EBITDA compared to a loss of $2.2 million in Q2 2018 and a net loss of $11.7 million during Q2 2019.

Maintained strong Balance Sheet with cash of $83.6 million and positive working capital of $57.8 million

“We are pleased with our second quarter operating results, which again exceeded our guidance in revenue and positive Adjusted EBITDA,” stated Brent Willis, Chief Executive Officer of New Age Beverages. “We finished the quarter strong and believe that we will see good organic growth in the second half of 2019. With the strength of our balance sheet and the improved sales and marketing capabilities that we added with the Brands Within Reach acquisition, we believe we are building excellent momentum for continued improved operating performance in the back half of the year.”

On July 29^th, HEXO Corp (TSX: HEXO) (NYSE: HEXO) reported its  cannabis products are now available to Alberta consumers for the first time after finalizing an agreement between HEXO and Alberta Gaming, Liquor and Cannabis (AGLC).

Continued: The agreement provides AGLC with HEXO’s nine dried flower products and award-winning Elixir oral sprays, making them available at the Alberta Cannabis online store and to all of the nearly 200 private retail stores in the province.

“This agreement marks the latest achievement in the development of HEXO’s presence in Western Canada and our goal to be top two in market-share in the country,” said HEXO Corp CEO and co-founder, Sebastien St-Louis. “Alberta represents one of the largest cannabis markets in Canada and we are thrilled to see our products are available to Albertans across the province.”

With HEXO and Up Cannabis brands, HEXO products are available in nine provinces, expanding the Company’s footprint in Canada and providing more choice for consumers.

Hexo made headlines last year with its partnership with Molson Coors announcing “Molson Coors Canada and HEXO Announce Agreement to Create Joint Venture Focused on Non-Alcoholic, Cannabis-Infused Beverages for the Canadian Market.”

In a recent CTV news interview  Gavin Hattersley, who currently heads the MillerCoors US operations, said. “The company intends to discuss at its next quarterly call the brands of Truss non-alcoholic cannabis-infused beverages that its joint venture partner marijuana producer Hexo Corp. will begin to sell after the product is legalized later this year.”

“Mark Hunter said Molson Coors dipped its toes in the cannabis space a year ago to "be on the playing field" as demand for these beverages expands to other geographies, including the United States once "legislative complications" are addressed. Marijuana is illegal in the U.S. at the federal level, but many in the space believe the political winds are shifting.”

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (TGODF) expects to release its second quarter 2019 earnings today, Tuesday, August 13, 2019 after market close. The Company will hold a conference call conducted by Brian Athaide, Chief Executive Officer, and Sean Bovingdon, Chief Financial Officer, on August 14, 2019 at 9:00 am Eastern Time to discuss the results and future outlook.

The company also just recently announced that it has submitted an application to list its common shares on the NASDAQ. This followed news that that it successfully renewed its Health Canada licences for the Company's Ancaster, Ontario facility until August 2022.  As per the Cannabis Regulations, these licences authorize TGOD to cultivate, process and sell cannabis from its Ancaster site.

In May they reported the Company's strategic investment into the US beverage space as a co-founding investor and strategic partner in the newly formed Califormulations LLC ("Califormulations"). Califormulations will operate out of Columbus, Georgia serving global branded companies with concept-to-shelf beverage commercialization support including formulation development, technical services, in-house pilot scale production and contract manufacturing co-ordination. TGOD will work with Califormulations to expedite the US launch of TGOD branded organic hemp-based CBD beverages, as local laws and regulations permit.

"We are incredibly excited to partner with Califormulations to further our development of hemp-based CBD beverage products," said Brian Athaide, CEO of TGOD. "With the US market for functional beverages, including wellness, energy and sport recovery, currently worth over USD$20 billion, we want to remain on the cutting edge of innovation and establish the foundation for future proprietary and novel TGOD-branded products. TGOD strives to partner with established industry leaders, and we believe that this forward-looking strategic partnership positions TGOD to capitalize on the future cannabinoid beverage market."

The recent mass exodus of key executives from the food and beverage sector to take leading roles in the cannabis industry points to the future of beverages; drinking up the profits of a new era in the sector.

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

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Vegan Options Continue to Trend- from Food to Health (OTCQB: $RVIV) (NYSE: $INGR) (NASDAQ: $BYND) (NASDAQ: $TYHT)

Vegan Options Continue to Trend- from Food to Health (OTCQB: $RVIV) (NYSE: $INGR) (NASDAQ: $BYND) (NASDAQ: $TYHT)

Point Roberts, WA and Delta, BC - August 14, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resources covering wellness and food stocks releases a sector snapshot reporting on the continued rise of plant based/vegan products in the food and wellness sectors.

"Vegan" "organic" "plant based" - these are all terms that are becoming more commonplace when addressing consumer expectations in many industries and many companies, as well as investors, are taking note.

A research study by Persistence Market Research also supports the growth of the market stating, "The global plant based proteins market is witnessing high growth in the coming years. It is poised to register a robust CAGR of 5.7% throughout the period of forecast 2017-2025. In 2017, the global market was viewed at US$ 10.5 Bn and with this growth rate, it is estimated to reach a value of around US$ 16.3 Bn by the end of 2025."

Reviv3 Procare Company (OTCQB: RVIV), a manufacturer of plant-based salon products designed for modern hair care challenges announced that it appointed Gerry Udell, Inc. as representatives of its professional salon products for the states of Connecticut, Delaware, DC, Maine, Pennsylvania, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont, West Virginia and Maryland.

Read this in full at https://www.investorideas.com/news/2019/lohas/08141Vegan-FoodHealth.asp

“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 by using the highest quality active ingredients found in nature to create professional grade products that simply work.

Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, recently announced it will further expand its manufacturing and production capabilities in Vanscoy, Saskatchewan with Verdient Foods, Inc. As part of this investment, the Company has begun construction on a new manufacturing facility to produce specialty pulse-based protein ingredients. The new facility, which is expected to be operational in the second half of 2020, significantly increases the Company’s food processing capabilities to meet the growing consumer demand for plant-based proteins.

“We’ve advanced our specialty strategy to capitalize on the trends shaping the food industry,” said Ingredion’s President and Chief Executive Officer, Jim Zallie. “Our latest investment will significantly expand our product portfolio to provide more innovative solutions to our customers, which will enable future growth. Ingredion and Verdient also share a common vision that sustainable and trusted sourcing will play an important role in the future of consumer-preferred plant-based proteins.”

Jim Cameron stated, “I’m excited to further our relationship with Ingredion, which will power significant expansion of plant-based proteins to consumers around the world. By working together, we have an amazing opportunity to be leaders in the next wave of global food production, which will have a lasting impact on future generations.”

“By combining our expertise in product formulation with Verdient’s high-quality Canadian-sourced pulses, we are uniquely positioned to be a reliable source supporting manufacturers as they create great-tasting and affordable plant-based proteins for food and beverages,” said Igor Playner, Vice President of plant-based proteins at Ingredion.

Beyond Meat (NASDAQ: BYND), a leader in the plant based protein market as well as a company that has reached a very high news profile, recently announced that it no longer has plans to enter the Japanese market and will focus more on the US market, according to a Reuters report.

The Japanese trading house Mitsui & Co Ltd., which has a small stake in Beyond Meat told Reuters it no longer plans to sell plant-based meat alternatives in Japan.

Beyond Meat company has signed a deal to start producing its plant-based meat substitutes in Europe in 2020, according to a CNBC report. The company has partnered with Zandbergen World’s Finest Meat to make its vegan meat alternatives in the Netherlands at a new manufacturing facility.

With its focus on the US as well as Canada, the company recently announced that Subway has partnered with Beyond Meat to test plant-based protein options starting this September.

The restaurant will trial the Beyond Meatball Marinara Sub in 685 participating restaurants in Canada and the United States.

“Our guests want to feel good about what they eat and they also want to indulge in new flavors. With our new plant-based Beyond Meatball Marinara Sub, we are giving them the best of both worlds. And, we are particularly excited about debuting a co-developed product that can't be found anywhere else: the Beyond Meatball made just for Subway," says Len Van Popering, Subway's Chief Brand and Innovation Officer.

According to a recent report from Research and Markets, Global Vegan Cosmetics Market 2019-2023, “with rising awareness about the negative impacts of animal-derived products, the demand for vegan products, including vegan cosmetics has also increased. Moreover, vegan cosmetics are manufactured from natural or plant-based ingredients which are beneficial for the skin. Vegan cosmetics improve skin health and reduce the chances of acne, dark circles, and other skin abnormalities. Hence, the preference for vegan products is rising among consumers which, in turn, is fueling the growth of the vegan cosmetics market at a CAGR of over 6% during the forecast period.”

Shineco, Inc. (NASDAQ: TYHT), a producer and distributor of Chinese herbal medicines, organic agricultural produce, specialized textiles, and various health and well-being focused plant-based products in China, recently announced that the Company expects to launch hemp based cosmeceutical products on the Chinese market in August 2019 under its brand, LABEE.

The Company entered into a strategic cooperation agreement (the “Agreement”) with Heilongjiang Harbin Beima Technology Development Co., Ltd. (“HBTD”) on July 19, 2019 for industrial hemp related research, production, and sales including cosmeceuticals, pharmaceuticals, health care products, etc.

Previously, the company gained the exclusive use right of the hemp seed “M11” (the CBD of which can reach 2.97%) through the Institute of Bast Fiber Crops, Chinese Academy of Agricultural Science. The company also jointly developed CBD processing and extraction equipment with the Robot Team of Harbin Institute of Technology.

Mr. Yuying Zhang, Chairman and Chief Executive Officer of Shineco commented, “This is another milestone in our path to realize the potential of industrial hemp industrialization. For the product development under the LABEE brand, we cooperated with a team of world-class engineers and scientists.”

Mr. Zhang continued, “We have completed the research and development of 18 products under the LABEE brand with CBD as the main component, including hemp leaf active repair mask series, hemp leaf beauty brightening mask and hemp leaf care mask. Experiments have proved that these products have anti-inflammatory, moisturizing, and antioxidant effects, and can be used to relieve skin sensitization and redness, establish protective barriers for skin surface, improve skin self-repair, and treat eczema. We expect to launch these products in China in August before introducing them to the global market in the future.”

This demand for plant based products falls in line with many other “millennial trends” that have taken off as of late, as a larger number of consumers continue to care more about their personal health as well as environmental impact. This puts a strong emphasis on companies to begin focusing on plant based products that can be developed sustainably, not only for consumers but for investors as well, who are taking note of this growing trend, particularly seeing the meteoric rise of Beyond Meat. Whether considering hair care, cosmetics or the food we eat, plant based products continue to lead the way into the future.

For investors following stocks and Health, Wellness & Sustainability stocks, InvestorIdeas.com has created stock directories to research each sector. Learn more about our membership and directories: https://www.investorideas.com/membership/  

About Investorideas.com - News that Inspires Big Investing Ideas

https://www.investorideas.com/About/

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. 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. Disclosure: This industry article featuring RVIV a paid for service on Investorideas (two thousand) 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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#Tech Stock News: GBT Technologies (OTC PINK: $GOPHD) - Mobile Database Patent Filing Receives Innovative Review

#Tech Stock News: GBT Technologies (OTC PINK: $GOPHD) - Mobile Database Patent Filing Receives Innovative Review

Company Will Expedite US Patent Application

Santa Monica, CA - August 14, 2019 (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GOPHD) ("GBT", or the "Company"), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ global mesh network technology platform for both mobile and fixed solutions, announced that its Mobile Database Sharing PCT patent received a positive written opinion review by The Patent Cooperation Treaty ("PCT") International examiners on August 5, 2019.

The patent claims were found to be novel and have "inventive step", meaning they are "non-obvious", which is positive for the Company. Based on this, the Company will submit a request to expedite the U.S. Application in order to move quickly to get the patent granted domestically and internationally. The technology in the patent claim is targeted to work within the Company's private, secured communication protocol gNET, enabling vast database handling and management between devices. This proprietary database management system will also be adding another significant layer of cyber security to the Company's IoT/Mobile network, and is intended to be integrated with the the Company's granted Patch patent.

Read this in full at https://www.investorideas.com/CO/GOPH/news/2019/08141MobileDatabasePatent.asp

"Our Mobile Database Sharing patent is protecting one of our essential intellectual properties, which is targeted to work within our Avant! AI engine, currently being developed by GBT Costa Rica," stated Dr. Rittman, the Company's CTO.

"This technology is targeted for autonomous machines, IoT/Mobile networks, robotics and secured radio based designs. We are seeking domestic and international IP protection and will submit a request to expedite the domestic and international patent application," added Douglas Davis, the Company's CEO.

About GBT Technologies Inc.

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

https://www.avant-ai.net

About GBT TECHNOLOGIES, S.A.

GBT Technologies, S.A., a private Costa Rican corporation (GBT - http://gbttechnologies.com/) is a development-stage company in the business of the strategic management of BPO (Business Process Outsourcing) digital communications processing for enterprises and startups; distributed ledger technology development, AI development and fintech software development and applications.

https://aggregator.genesisexchange.io/ (Beta Version)

Forward-Looking Statements

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

Contact:

Douglas Davis, CEO
GBT Technologies Inc.
Media: press@gopherprotocol.com

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