Investor Ideas, Trading Ideas and Stocks to Watch

Friday, May 08, 2020

The AI Eye Episode 346: Nuance (NasdaqGS: $NUAN) Announces Q2 2020 Financial Results and Predictmedix (CSE: $PMED.C)Begins Deployment of AI Tech for COVID-19

The AI Eye Episode 346: Nuance (NasdaqGS: $NUAN) Announces Q2 2020 Financial Results and Predictmedix (CSE: $PMED.C)Begins Deployment of AI Tech for COVID-19

Global AI in Retail to Reach $5.034 billion by 2022

Point Roberts WA, Vancouver BC – May 8, 2020 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2020/050820-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2020/artificial-intelligence/05081AIEye-NUAN-Predictmedix.asp

Hear the Ai Eye on Spotify

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

Stocks discussed: (NasdaqGS:NUAN) (CSE:PMED)

Nuance Communications, Inc. (NasdaqGS:NUAN) has announced financial results for its second quarter ended March 31, 2020. Highlights include a GAAP revenue of $369.3 million and GAAP earnings per diluted share of $0.05. Nuance CEO Mark Benjamin explained:

"We achieved 11% year-over-year organic revenue growth, with strength from both our Healthcare and Enterprise segments. Enterprise reported 19% annual revenue growth, the highest in 10 years, driven by our Intelligent Engagement solutions. Healthcare revenue grew 10% year-over-year, driven by strong growth in Dragon Medical cloud and increased demand from our newer cloud-based solutions, PowerScribe One and CDE One.”

Looking forward he commented:

“Despite the uncertain near-term operating environment, I believe the markets we serve will expand post COVID-19 as our customers appreciate the critical need for AI-based solutions, remote access capabilities for healthcare workers, and increased demand for telehealth, and security and fraud protection solutions. We remain an incredibly resilient company, and I am confident that we will emerge from this pandemic stronger."

Predictmedix Inc. (CSE:PMED) has begun deployment of its artificial intelligence tech for mass screening of COVID-19 with Max Healthcare, a South Asian healthcare group comprising 14 hospitals and over 3000 doctors. An excerpt from the press release explains the technology:

The AI powered technology utilizes multispectral imaging with a focus on visual spectral imaging along with infrared thermography to identify cases which are suspected of COVID-19. The technology can be deployed using multispectral cameras in facilities where there is large movement of people to identify potential COVID-19 cases and limit exposure, thereby limiting infection. The data collected is brought into a central server / cloud for analysis and alerts are sent in case of a positive detection to the surveillance department within the facility where the technology is deployed within seconds.

Global AI in Retail to Reach $5.034 billion by 2022

A report from Markets and Markets finds that the global AI in Retail market is expected to grow from $736.1 million in 2016 to $5.034 billion by 2022 with a compound annual growth rate (CAGR) of 38.3 percent in the forecast period. An excerpt from the report description outlines the role of product recommendation in the market:

Among solutions, product recommendation and planning is expected to hold the largest artificial intelligence in retail market share and is expected to continue its dominating position during the forecast period. Product recommendation is a very powerful aspect of the overall shopping cycle for any shopper. eRetailers are using AI to give a personalized experience to their customers and give recommendations on products they would like to purchase by showing relevant products. Moreover, machine learning and deep learning technology will remain the most significant technology contributing highest revenue compared to other technologies.

Sam Mowers, Investorideas.com

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About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , 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 , Exploring Mining the AI Eye .

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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#CryptoCorner Episode 399: #Bitcoin Passes $10K, Riot (NasdaqGS: $RIOT) Purchases Another 1,040 Bitmain Antminers and Coinstar Plans a Doubling of Bitcoin ATMs

#CryptoCorner Episode 399: #Bitcoin Passes $10K, Riot (NasdaqGS: $RIOT) Purchases Another 1,040 Bitmain Antminers and Coinstar Plans a Doubling of Bitcoin ATMs

Point Roberts, WA, Delta BC May 8, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings 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:

https://www.investorideas.com/Audio/Podcasts/2020/050820-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/05081Bitcoin-RIOT-Bitmain-Coinstar.asp

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Stocks discussed: (TSXV:GLXY) (NasdaqGS:RIOT)

A report from CoinDesk indicates that Bitcoin (BTC) reached a trading price of $10,071 late last night after having surged nearly 7 percent in the preceding 24 hours. According to the report, this represents a 40 percent increase in Bitcoin since the beginning of the year, a period which, of course, includes the global downtrend seen in markets in the wake of the COVID-19 pandemic. Data from Coinmarketcap shows that, at press time, Bitcoin has cooled slightly and is now trading for about $9,950.

This activity places Bitcoin just 10 days away from a 9 week bull-run, which according to a piece from Cointelegraph, will be “the first time in its history.” Naturally this has prompted enthusiasm from much of the crypto community, with Galaxy Digital Holdings (TSXV:GLXY) CEO Michael Novogratz tweeting:

Exciting day for $btc. I want to point out that we aren’t even at the years highs. This rally is just starting. Don’t miss the bus.

Riot Blockchain, Inc. (NasdaqGS:RIOT) has announced the purchase of an additional 1,040 next generation Bitmain S19 (95 TH) Antminers for USD $1.9 million from BitmainTech. This is in addition to the purchase of 1,000 S19 Pro (110 TH) miners, announced on April 30, which together the company anticipates will bring a more than 80 percent increase in its aggregate operating hash rate.

Crypto kiosk maker Coinstar, which hosts some 3,500 Coinme Bitcoin ATM machines, told CoinDesk it aims to double its bitcoin-able supermarket locations “within a year.” This comes after a surge in the usage of such machines by 40 percent since late February, of which 40 percent of transactions, according to Coinme spokesman Nick Olsson, “are from first-timers.” Coinme had recently announced the raising of $10 million in Series A funding from companies including Coinstar. An excerpt from the CoinDesk report outlines the company’s plans for the funds:

Olsson said Coinme would use the cash to expand its business in Latin America. Because it builds an exchange API rather than an actual machines, Coinme can plug bitcoin buying into just about any compatible device: “kiosks, ATMs, [Point of Sale], and merchants” in Latin American countries, Olsson said.

Sam Mowers, Investorideas

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Investor Ideas #Potcasts Episode 411- #Cannabis News and #Stocks on the Move– (OTC: $CSUI) (NASDAQ: $CRON) (TSX: $CRON.TO) (TSXV: $KHRN.V) (CSE: $TRUL.C) (CSE: $INDS.C) (CSE: $JUSH.C)

Investor Ideas #Potcasts Episode 411- #Cannabis News and #Stocks on the Move– (OTC: $CSUI) (NASDAQ: $CRON) (TSX: $CRON.TO) (TSXV: $KHRN.V) (CSE: $TRUL.C) (CSE: $INDS.C) (CSE: $JUSH.C)

Delta, Kelowna, BC, May 8, 2020 (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 podcast edition of cannabis news and stocks to watch plus insight from thought leaders and experts.

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/050820-StocksToWatch.mp3

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/05081CSUI-CRON-KHRN-TRUL-INDS-JUSH.asp

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Today’s podcast overview/transcript:

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

Today’s podcast is sponsored by Cannabis Suisse Corp. (OTC: CSUI), a research & development company licensed under Swiss Cannabis and tobacco regulations to cultivate and sell cannabis. The Company's facilities for producing cannabis are based in Zurich.

The Company grows high quality, organic cannabis with sustainable, all-natural principles. Cannabis Suisse products are laboratory tested to ensure the end users have access to a standardized, safe and consistent product.

In today’s podcast we will be looking at a few public company announcements.

But first, in recent news, “top officials at the independent agency that oversees the Massachusetts marijuana industry say they’re confident they can safely reopen recreational pot stores if Governor Charlie Baker reverses his emergency order forcing the businesses to close amid the coronavirus pandemic.”

Cannabis Control Commission chairman Steve Hoffman told reporters after the agency’s monthly meeting Thursday that he believes Massachusetts marijuana shops can operate safely by employing curbside pickup, appointment-only shopping, and other similar measures adopted by retailers that have remained open (including medical marijuana dispensaries overseen by the commission).

Hoffman said he “wants it known” that the commission is prepared to monitor the facilities and enforce state rules, including around social distancing, should they reopen. And in his strongest comments yet on the controversial cannabis shutdown, he noted that Massachusetts is the only state where marijuana is legal to have completely closed its recreational (or “adult-use”) industry. Marijuana firms are ineligible for federal bailouts, because the drug remains illegal under US law.

“It is unfair that Massachusetts adult-use operators are the only ones that are shut down across the country and are not eligible for any kind of federal assistance,” Hoffman told reporters during a virtual press conference. “I have no concerns whatsoever that we can operate this business safely. I think we’ve demonstrated that we can do so on the medical side of the business... [and] I think there’s absolutely no reason we can’t do exactly the same thing on the adult-use side.”

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) today announced its 2020 first quarter business results.

“Cronos Group started 2020 energized and determined to continue to see through our core strategic initiatives to drive long-term and sustainable growth. This quarter, we moved closer to officially entering the Israeli medical cannabis market with our Cronos Israel operations preparing to sell PEACE NATURALS™ branded dried flower products to medical patients. The Israeli medical market is a growing channel, and we look forward to serving this market in 2020 and beyond,” said Mike Gorenstein, CEO of Cronos Group.

“Despite the challenges and uncertainty posed by the COVID-19 pandemic, we remain agile and focused as a business. Our brand portfolio continues to launch innovative products to consumers as we adapt to an online-first distribution model in both the U.S. and Canada. We continue to reach our stakeholders and consumers through creative digital marketing. And our product innovation and R&D projects continue to progress. We believe the mission of our Company, to improve lives through cannabinoid innovation, resonates especially well during these times. We remain well-positioned and committed to generating sustainable, long-term value for shareholders and are confident 2020 will be a successful building year for Cronos Group.”

Some of the First Quarter 2020 Highlights included:

● Net revenue of $8.4 million in Q1 2020 increased by $5.4 million from Q1 2019. The increase year-over-year was primarily driven by continued growth in the adult-use Canadian cannabis market, sales resulting from the launch of cannabis vaporizers to the Canadian market, including both adult-use and direct-to-consumer, and the inclusion of the Redwood acquisition in our financial results.

● Gross profit (loss) of $(6.5) million in Q1 2020 decreased by $8.0 million from Q1 2019. The decrease year-over-year was primarily driven by an inventory write-down of $8.0 million on dried cannabis and cannabis extracts, as well as an increase in the marginal production cost at our Peace Naturals Campus, as we continue working towards operating at full capacity after the repurposing of the facility in the fourth quarter of 2019.

● The Company incurred an inventory write-down of $8.0 million, on dried cannabis and cannabis extracts, primarily driven by fixed-price contracts negotiated prior to cannabis product price compression due to broader trends of oversupply in the Canadian market. If we were to adjust for the effects of the inventory write-downs, gross profit in Q1 2020, would have been $1.5 million, representing a gross margin of 18%. We anticipate further inventory write-downs in the short-term due to pricing pressures in the marketplace and the impact of the Company's operational repurposing of the Peace Naturals Campus.

● Reported operating loss of $45.1 million in Q1 2020 increased by $34.9 million from Q1 2019. The reduction year-over-year was primarily driven by an increase in general and administrative expenses as a result of increased headcount, internal review costs of $4.4 million related to the restatement of our 2019 interim financial statements, higher sales and marketing costs related to brand development, and research and development costs related to our Ginkgo partnership, activities at Cronos Fermentation, and spending on vaporizer innovation at the Cronos Device Labs research and development center.

Khiron Life Sciences Corp. (TSXV: KHRN) (OTC: KHNRF) announced that President Chris Naprawa will present live at Canaccord Genuity's 4^th Annual Global Cannabis Virtual Conference on Tuesday, May 12, 2020 at 11:40am ET (8:40am PT).

Canaccord Genuity's Annual Global Cannabis Conference is an investor-focused virtual event that engages a global network of leading players in the cannabis industry. To join the presentation from Mr. Naprawa visit: http://wsw.com/webcast/canaccord39/khrn

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), also announced that Chief Executive Officer Kim Rivers will present at the Canaccord Genuity's 4th Annual Cannabis Conference. The live presentation is scheduled for Tuesday, May 12, 2020, at 11 A.M. EST.

A webcast of Rivers' presentation will be available live on the "Investors Relations" section of Trulieve's website and can be accessed here: http://wsw.com/webcast/canaccord39/tcnnf. A replay of the presentation will be posted on the Trulieve website following the event.

Indus Holdings Inc. (CSE: INDS) (OTCQX: INDXF), announced that Mark Ainsworth, Indus Co-Founder and Chief Executive Officer and George Allen, Indus Chairman of the Board and Founder of Geronimo Capital, will present via webcast at the Canaccord Genuity 4th Annual Cannabis Conference on Tuesday, May 12, 2020, at 2:40 p.m. EST. They will also be available for one-on-one virtual meetings throughout the day with investors.

This virtual presentation comes weeks after the company announced its US$15.1 million recapitalization financing, along with its fiscal year end 2019 financial and operational results, and preliminary first quarter 2020 highlights. Mr. Ainsworth and Mr. Allen will discuss the company’s top priorities, which involve finalizing its cultivation expansion, improving operational efficiency, and focusing on the most profitable parts of the business. The company will present its strategic plan and path to self-sustaining profitability, operational improvements underway and 2020 go-forward strategy.

The webcast of this presentation will be available at: http://wsw.com/webcast/canaccord39/ind

InMed Pharmaceuticals Inc. (TSX: IN) (OTCQX: IMLFF), a clinical-stage pharmaceutical company developing medications targeting diseases with high unmet medical need and leading the way in the clinical development of cannabinol (CBN), announced that Eric. A. Adams, President & CEO of InMed, will present a corporate overview as part of the upcoming virtual conference:

● Canaccord Genuity's 4^th Annual Cannabis Conference on Tuesday, May 12^th, 2020 at
12:00 PM PST / 3:00 PM EST.

A webcast of the presentation will be available at: http://wsw.com/webcast/canaccord39/imlff as well as from the Investor page of the InMed website at https://investors.inmedpharma.com/.

Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a globally focused, multi-state cannabis and hemp operator, announced that Erich Mauff, Co-Founder, Co-President and Director of Jushi, will present in Canaccord Genuity’s 4^th Annual Global Cannabis Conference to be held virtually on Tuesday, May 12, 2020.

Mr. Mauff will present via live webcast at 8:40 a.m. Eastern Time in Track 2. The live presentation can be accessed at the following link: http://wsw.com/webcast/canaccord39/jushf

Once again, today’s podcast was sponsored by Cannabis Suisse Corp. (OTC: CSUI), a research & development company licensed under Swiss Cannabis and tobacco regulations to cultivate and sell cannabis. The Company's facilities for producing cannabis are based in Zurich.

Investor ideas reminds all listeners to read our disclaimers and disclosures on the

Investorideas.com website and this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

Hear Investor ideas cannabis potcast on iTunes

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To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

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Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , 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 , Exploring Mining the AI Eye .

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: CSUI is a paid featured cannabis stock on Investorideas.com 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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Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

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About Investorideas.com - Big Investing Ideas Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.

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Investor Ideas, Trading Ideas and Stocks to Watch

Friday, May 08, 2020

The AI Eye Episode 346: Nuance (NasdaqGS: $NUAN) Announces Q2 2020 Financial Results and Predictmedix (CSE: $PMED.C)Begins Deployment of AI Tech for COVID-19

#CryptoCorner Episode 399: #Bitcoin Passes $10K, Riot (NasdaqGS: $RIOT) Purchases Another 1,040 Bitmain Antminers and Coinstar Plans a Doubling of Bitcoin ATMs

Investor Ideas #Potcasts Episode 411- #Cannabis News and #Stocks on the Move– (OTC: $CSUI) (NASDAQ: $CRON) (TSX: $CRON.TO) (TSXV: $KHRN.V) (CSE: $TRUL.C) (CSE: $INDS.C) (CSE: $JUSH.C)

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