EZ Weed Chooses American Green’s (OTC: $ERBB) Proprietary Smart Vending Machine; American Green Talks with retired NFL Linebacker-turned-venture-capitalist Lamarr Houston and Lauren Smee of EZ Weed; @American__Green

EZ Weed Chooses American Green’s (OTC: $ERBB) Proprietary Smart Vending Machine; American Green Talks with retired NFL Linebacker-turned-venture-capitalist Lamarr Houston and Lauren Smee of EZ Weed; @American__Green

PHOENIX, AZ, May 29, 2020 ( Investorideas.com newswire) – Breaking cannabis/CBD  stock news American Green (OTC:ERBB) just announced that EZ WEED has selected and purchased the company’s proprietary smart vending solution -- called the “AGM” -- as their “system of choice” for EZ Weed’s new business venture teaming up with prospective cannabis dispensaries throughout the nation.

Read this news featuring ERBB in full at https://www.investorideas.com/news/2020/cannabis/05292OTCERBB-SmartVendingMachine.asp

ERBB:Lindel Creed of American Green (OTC: $ERBB) chats with retired NFL Linebacker-turned-venture-capitalist Lamarr Houston and Lauren Smee of EZ Weed when visiting American Green's vending machine facility in Gastonia, NC.

EZ Weed is run by Managing Partner, Lauren Smee and backed by retired NFL Linebacker-turned-venture-capitalist, Lamarr Houston. Mr. Houston, who played professionally for the Oakland Raiders and Chicago Bears, recently visited American Green’s AGM facility in Gastonia, NC.   According to AGM Division Head, Lindel Creed, “It was obvious to me from the minute they both arrived at the AGM facility, that both Ms. Smee and Mr. Houston knew exactly which machine features they required for their venture and, by the time they left the facility, both were convinced that American Green could provide them.”

EZ WEED expects to purchase and supply the AGM Dispensing Vending Machines following their up-and-coming EZ Weed national launch and have already begun securing their location agreements with some of the top dispensaries in the US.  According to Ms. Smee, “Our partnership with American Green is vital in reaching our goal of becoming the first national and mainstream marijuana vending machine provider and service. The automation, humanless sales method, and intelligent vending capabilities of the AGM will allow us to scale for high growth.”

EZ WEED was founded in January 2020. The company came to fruition organically through a love of cannabis and Ms. Smee’s extensive knowledge in launching startups -- with a new twist and groundbreaking sales method in the cannabis industry.  The average sales process in a dispensary can be anywhere from 15-45 minutes. With EZ WEED, the entire process, even as a first-time user, is on average 3 to 5 minutes.

Besides the state-of-the-art machines, EZ WEED also provides its dispensary partners with “white glove” customer service as well as completely customizable digital marketing for each American Green AGM vending machine it provides. We do all the work pertaining to custom menus, product display, machine maintenance and a dedicated account manager that remotely keeps track of machine sales and inventory.

According to EZ Weed, serving cannabis users in an efficient manner has proven to be a challenge on a national level.  With forward-thinking ideas and the backing of the venture capital firm, League Ventures, EZ WEED stands ready to enhance the sales process for new and seasoned cannabis users all across America. Please visit the websites of these two great companies by clicking on their names above. 

American Green looks forward to a great long-term relationship with EZ WEED and believes that their expedient, reduced-human interaction is perfect for our country’s environment for today and years to come.

If you are an experienced vending route operator serving a major market and wish to add a complete line of fully legal CBD products to your existing route, you should contact Mr. Lindel Creed at American Green’s AGM Vending Division located in Gastonia, North Carolina. You can email Lindel at lindel@americangreen.com or call him on his direct line at 704-718-3158.

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American Green accepts: Visa, MasterCard, American Express, Discover, and Diners Club (which are securely processed in the USA).

Shareholders and interest holders may also stay current with American Green Updates:

American Green’s Main Website at www.americangreen.com

Twitter:  @American__Green (two underscores), or

Facebook:   https://www.facebook.com/americangreenusa

Instagram:   https://www.instagram.com/americangreenusa/

Instagram:   https://www.instagram.com/magicalnipton/

About American Green, Inc.

American Green, Inc. became, in 2009, America’s second publicly-traded company in the cannabis industry. American Green now, with its more than 50,000 individual certified shareholders, is one of the largest (in shareholder count) in the cannabis sector.  American Green's mission is to lead the cannabis and premium CBD industry. Leveraging our team of professionals in cultivation management, manufacturing, extraction, wholesale, retail, and community outreach, we strive to develop sustainable initiatives in the cannabis-adjacent and CBD industries, laser-focused on adding company and shareholder value.

For more information -

Contact:

American Green, Inc.

Investor Relations

2902 W. Virginia Ave

Phoenix, AZ  85009

480-443-1600 X555

investor@americangreen.com

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, be should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.

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#Hemp #Stocks /US Hemp Industry Booms During Pandemic (OTCQB: $SING) (OTC: $HEMP) (TSX: $CWEB.TO) (OTCQX: $CWBHF) (TSX: $ACB.TO) (NYSE: $ACB)

#Hemp #Stocks /US Hemp Industry Booms During Pandemic  (OTCQB: $SING) (OTC: $HEMP) (TSX: $CWEB.TO) (OTCQX: $CWBHF) (TSX: $ACB.TO) (NYSE: $ACB)

Point Roberts WA, Delta, BC – May 29, 2020 – Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a special snapshot reporting on the continued growth in sales and product offerings in the US hemp industry and how this traction is beginning to attract outside investment.

Read this news featuring SING in full at https://www.investorideas.com/news/2020/cannabis/05291HempStocks-BoomsDuringPandemic.asp

Earlier this month, SinglePoint Inc. (OTCQB:SING) started their Q2 with strong numbers achieving over $1,000,000 in sales throughout Q1 a 309% increase and a focus on continued growth. After evaluating reports for Q2, SinglePoint’s Hemp vertical has been on track to double sales in its second quarter alongside the launch of 1606 Hemp six-pack counter top display. 1606 Hemp has seen a sales growth rate of 133% this quarter over the previous, a 233% growth in sales up to this point of the month compared to the previous month at the same point.  The company has placed a focus on self-generated in-store placement by hiring professional sales representatives to acquire new stores for the sales of its products over the next four weeks. 1606’s goal is to grow by more than 250 retail accounts throughout multiple states, which the Company surpassed in the first couple weeks by placing product in over 400 stores throughout 20 states.

According to management, stores are selling through product quickly and many have already reordered additional 1606 Hemp inventory.

As the company continues to see success, management believes 1606 Hemp will be able to provide approximately $2,750,000 to $5,500,000 in revenue selling to just 1,000 stores.  “As the roll out is successful and we achieve our goals over the next four weeks, 1606 Hemp will bring on additional individuals to scale up to as many as 2,500 stores as quickly as possible in order to achieve reorders from 1,000 stores. Management believes the current total addressable market is approximately 125,000 locations or more.”

“I've been trying to get friends and family to make the switch to hemp for years, your product is changing a lot of hearts. Thank you”

- Al, 1606 Hemp Customer

1606 Hemp is working to become the leading recognized brand in the combustible hemp market which is the second fastest growing market in the hemp category. The big differentiator for 1606 Hemp is the ability to place a countertop display unit at retailers across the nation. “While others are working to dominate the online market, we have a general belief this type of consumable product will continue to be bought in convenience stores, smoke shops and bodegas throughout the nation.” However, the company provides an amazing online experience for consumers to purchase 1606 Hemp and has amassed an online following through social channels reaching over 17,000 followers on Instagram and driving traffic to its online site at 1606Hemp.com

BDS Analytics and Arcview Market Research project that the collective market for CBD sales in the US will surpass $20 billion by 2024 while New York-based investment bank Cowen & Co, estimates that the market could pull in $15 billion by 2025. The combustible hemp market currently represents approximately 2% of the overall CBD market, but with a 250% growth from 2017 to 2018, Brightfield Group, a Chicago-based cannabis market research firm, identifies dried and combustible hemp flowers as one of the fastest-growing segments of the CBD market.  With the passage of the 2018 Farm Bill and the mainstreaming of CBD hemp, the market is growing rapidly. There is a significant need for reliable suppliers with the capacity to move products.

SinglePoint Inc. (OTCQB: SING) Greg Lambrecht CEO and Chairman discussed the 1606 Hemp in a new video update – watch it here: https://www.youtube.com/watch?v=D6FxKUxQo6Y

Hemp, Inc. (OTC: HEMP) has also been showing strong growth, having announced recently that sales to date from their premium hemp flower, Pre-98 OG Bubba Kush, have surpassed their $1,000,000 groundbreaking milestone.  The Company has reached $1,035,817.04 (up $55,000 from sales reported in its last press release). That’s a total of $1,035,817.04 over the past ten weeks and six days ($265,200 during the first quarter and $770,617.04, to date, in the second quarter). The Company expects to hit groundbreaking milestones each week (maybe even $1,000,000 a week) due to the explosive demand for its high quality hemp flower. The premium Pre-98 OG Bubba Kush is just one of the many bio-diverse hemp products the Company produces, among hemp for bioplastics and LCM (Lost Circulation Material).

Hemp, Inc.’s CEO, Bruce Perlowin, admits it was very frustrating and full of delays with sales for about two months due to the COVID-19 pandemic but says the Company is now ‘full speed ahead’.  “Our Pre-98 OG Bubba Kush hemp flower is exploding.  We’re in full swing and are on track to be able to sell our King of Hemp™ pre-rolls in all 50 states. We’re also beginning our mass marketing campaigns so I’m certain we will have revenue in the millions to report for the second quarter and beyond. At this point, I wouldn’t be surprised if we hit $1,000,000 weekly. It’s definitely possible.”

Hemp Inc has bi-coastal processing centers, including the 85,000 square foot multipurpose industrial hemp processing facility on 9 acres in Spring Hope, NC, a 55,000 square foot state-of the art local processing center in White City, Oregon, a 500-acre hemp growing Veteran Village Kins Community in Golden Valley, Arizona, two model “Small Family Hemp Farms” in North Carolina and Arizona, a pre-roll blending manufacturing facility in Las Vegas, NV, and a 5,000 square-foot retail store (The King of Hemp Store™) in Kingman, Arizona, Hemp, Inc. has a few more infrastructure footprints to create but other than that, it’s full speed ahead for the Company.

Charlotte's Web (TSX:CWEB) (OTCQX:CWBHF), one of the most well known CBD companies in the US, has also achieved another milestone in its continued commitment to innovation and consistency in hemp genetics. The Company has earned US utility patent U.S. 10,653,085, its second US patent for hemp genetics. This patent is for 'CW1AS1', a new hemp variety created by company co-founder Joel Stanley and Sr. Director of Cultivation R&D, Bear Reel.  The patent takes Charlotte's Web's premier proprietary genetics to the next generation, and builds a strong wall of protection around it, and the products made from it.

"This 'CW1AS1' patent gives Charlotte's Web the highest level of protection for our proprietary genetics and ensures that Charlotte's Web products will continue to be available to the thousands who use them in a form that is consistent and provides the same user experience time and time again," said Deanie Elsner, Charlotte's Web CEO and President.

Patents on hemp genetics are a new frontier, and very few patents in this sector have been issued to date.  Charlotte's Web, the world's largest vertically integrated hemp company, has been at the forefront of this new frontier in hemp patents and will continue to invest in its breeding program and in the science of hemp to ensure a consistent and high-quality supply is available. 

"This patent recognizes the progress our breeding program has made to assure our farmer partners that the plants they grow will yield better and have a high level of phytocannabinoids," said Reel.

Charlotte's Web's flagship Original Formula was the first CBD wellness product to be sold nationally to consumers. Before Charlotte's Web was officially founded in 2013, there was a waiting list of more than 15,000 individuals for Original Formula, which uses the same proprietary phytochemical profiles produced by the now patented 'CW1AS1' hemp variety.

Aurora Cannabis (TSX: ACB)(NYSE: ACB) has seen a massive stock jump in the last few weeks, climbing more than 30 per cent last Thursday following the announcement of a deal to expand the company’s reach south of the border.

The Edmonton-based company is set to acquire all issued and outstanding membership interests of the Massachusetts-based CBD brand Reliva for US$40 million. The deal also includes a potential earn-out of up to US$45 million in cash or stock based on performance.

Aurora Cannabis Inc. and Reliva, LLC announced that they have entered into an agreement pursuant to which Aurora will acquire all of the issued and outstanding membership interests of Reliva. Under the terms of the agreement, members of Reliva will receive approximately US$40 million of Aurora common shares.  The transaction also includes a potential earn-out of up to a maximum of US$45 million payable in Aurora shares, cash or a combination thereof, over the next two years contingent upon Reliva achieving certain financial targets. The structure of the earn-out is designed to align risk and reward between Aurora shareholders and Reliva management to focus on continued strong operational and financial execution. The transaction is expected to close, subject to customary closing conditions, in June 2020. It is anticipated that the transaction will be immediately accretive to Aurora on an Adjusted EBITDA basis, consistent with

Aurora's objective is to drive towards Adjusted EBITDA profitability in its fiscal first quarter of 2021. The transaction will combine Aurora's leading Canadian recreational brands, and Canadian and European medical market position with the leading U.S. hemp-derived CBD brand in retail stores. Consistent with the announcement of Aurora's business transformation plan in February 2020, the Company has aligned its US investment strategy with the goals of the transformation plan, namely: financial discipline, operational focus, and strong execution. The transaction represents the culmination of a multi-month strategic evaluation of the US hemp-derived CBD industry. Reliva stood out among a lengthy list of potential partners for its: (1) focus on regulatory, testing and compliance protocols; (2) proven management team with extensive experience selling and marketing regulated consumer packaged goods; (3) deep relationships with critical trade partners that provide a US national distribution footprint; and (4) financial discipline and track record of growth and profitability. Together with Reliva, Aurora is expected to be positioned as a meaningful player in the United States, the world's largest cannabinoid market.

Aurora said it expects the American CBD market could reach US$24B by 2025. However, the company’s move south comes at a time of regulatory uncertainty following the federal decision to loosen restrictions on hemp production two years ago.

The US Food and Drug Administration is treading a cautious path. Currently companies are not allowed to add CBD to food, drinks or cosmetics. The agency has been cracking down on companies that do so. That hasn’t stopped a wide range of edible and beverage products targeting wellness-minded consumers from gaining mass popularity. 

“The consumer CBD industry faces temporary challenges in the U.S., but the industry has long-term upside, valuations have pulled back, and we think Reliva has a unique channel and price positioning that allowed it to perform quite well pre-COVID,” Cantor Fitzgerald analyst Pablo Zuanic wrote in a note to clients on Thursday.

“Aurora has the ability to start building its infrastructure out to capitalize on the potential for a more benign FDA environment on CBD and THC legislation that makes it federally permissible to operate domestically,” Cowen analyst Viven Azer wrote in a research note.

As more companies continue to see strong sales, high consumer demand and focus more on premium high quality products, there is no doubt that CBD/hemp will continue to flourish, even amidst regulatory uncertainty.

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#Silver #Stocks to Watch (NYSE: $CDE) (NYSE: $AG) (TSX: $FR.TO) (NASDAQ: $PAAS) (TSX: $PAAS.TO) (TSX: $SVM.TO) (NYSE American: $SVM) - Silver is on a Winning Streak

#Silver #Stocks to Watch (NYSE: $CDE) (NYSE: $AG) (TSX: $FR.TO) (NASDAQ: $PAAS) (TSX: $PAAS.TO) (TSX: $SVM.TO) (NYSE American: $SVM) - Silver is on a Winning Streak

Point Roberts WA, Delta BC, May 29, 2020- Investor Ideas, a global investor news source covering mining and metals stocks releases a sector snapshot on silver stocks featuring First Majestic Silver Corp. (NYSE: AG) (TSX: FR.TO).

Read this news featuring First Majestic in full at https://www.investorideas.com/news/2020/mining/05291Silver-StocksToWatch.asp

Silver stocks have been making headlines with some significant single day runs in the double digits. On May 15^th Motley Fool reported, “Shares of silver miner Coeur Mining (NYSE:CDE) were higher by 19% at 2 p.m. EDT. Following close behind were mining peers First Majestic Silver (NYSE: AG) (TSX: FR.TO), Pan American Silver (NASDAQ:PAAS) (TSX: PAAS.TO), up 10%, 11%, respectively.”

Continued: “Silvercorp Metals (TSX: SVM.TO) also jumped, peaking at a gain of 10% before pulling back into the high single digits.”

But this is not a one day wonder when you look at some of the recent trends and performances.

Looking at the why, some key points noted by First Majestic Silver Corp. (NYSE: AG) (TSX:  FR.TO) in their most recent investor presentation; “Over the past 10 years, the silver industry has been in a 500M ounce physical deficit, and the current silver to gold mine supply ratio is 8:1.”  

Another key trend driving silver that fits into the growing ESG investing movement; First Majestic Silver notes that, “As we go green we need more silver.”

On May 14^th First Majestic Silver Corp. (NYSE: AG) (TSX: FR.TO) announced their unaudited interim consolidated financial results of the Company for the first quarter ended March 31, 2020. 

Key highlights included:

Revenues generated in the first quarter totaled $86.1 million compared to $86.8 million in the first quarter of 2019. Due to the volatile decline in silver and gold prices near the end of the quarter, the Company decided to withhold pricing on approximately 292,000 ounces of shipped silver and 700 ounces of shipped gold and retained those ounces in its finished goods inventory. Had these ounces been sold at the end of the quarter, it would have contributed an additional $5.3 million to revenues based on spot metal prices.

The Company reported mine operating earnings of $21.1 million compared to $10.3 million in the first quarter of 2019. The increase in mine operating earnings in the quarter was attributed to a 10% increase in average realized silver price and lower cost of sales and depletion, depreciation and amortization due to the temporary suspension of lower margin mines.

From the news release - “As the COVID-19 pandemic sparked higher than normal volatility in the metals market near the end of the quarter, we temporarily suspended our silver and gold sales as paper prices dropped significantly below true physical prices,” stated Keith Neumeyer, President and CEO of First Majestic. “These inventoried ounces have been carried over into the second quarter and will be sold as prices improve. Nevertheless, strong production from each of our three mines generated operating earnings of $21.1 million, representing a 106% increase over the same quarter of 2019.”

Looking at the company’s recent earnings report, Zacks Research said, “Shares of the company have gained 45.4% over the past year, outperforming the industry’s growth of 15.5%.”

Continued: “First Majestic reported mine-operating earnings of $21.1 million in the March-end quarter compared with the year-ago quarter’s $10.3 million. This upside resulted from a 10% increase in average realized silver price and lower cost of sales and depletion, depreciation and amortization due to the temporary suspension of lower margin mines.”

Most recently, on May 21^st, Silvercorp Metals Inc. (TSX: SVM.TO) (NYSE American: SVM) reported its financial and operating results for the fourth quarter and twelve months ended March 31, 2020.

From the news release: “Despite the extended shut-down during the three months ended March 31, 2020 (“Q4 Fiscal 2020”) due to COVID-19, the Company was able to achieve full year production target, surpassing its Fiscal 2020 guidance. As reported in the Company’s news release dated May 7, 2020, the Company’s operations were ramped up to full capacity in March 2020 with no employee infection and the Company is in full compliance with government measures to prevent spread of COVID-19.”

Following the earnings report, Zacks Research noted, “Silvercorp (SVM) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.”

“This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this mineral miner would post earnings of $0.06 per share when it actually produced earnings of $0.04, delivering a surprise of -33.33%.”

Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS.TO) reported its unaudited results for the first quarter ended March 31, 2020 ("Q1 2020") on May 6^th.

"The COVID-19 pandemic escalated quickly over Q1 2020. Pan American took immediate steps to protect the health and safety of our people, and mobilized our business continuity plans. We are also providing support to our local communities during this very difficult time. In addition to our existing community programs, we are donating $2 million in food and hygiene supplies, as well as facilitating access to health care," said Michael Steinmann, President and Chief Executive Officer.

Added Mr. Steinmann: "Cash flow generation of $114.1 million in Q1 reflects the Company's strong operating performance before the impact of the COVID-19 related mine suspensions. However, earnings in the period were significantly impacted by non-cash, mark-to-market investment losses and non-cash tax expense due to COVID-19 related currency devaluations. We have a strong balance sheet with approximately $479 million of total available liquidity, and we have taken steps to defer or reduce non-essential expenditures to preserve our financial strength. Many of the temporary COVID-19 related suspensions are now being lifted, and we are preparing to restart those operations. Profit margins should benefit from the improvement in gold prices combined with lower costs due to currency devaluations in our operating jurisdictions."

Also realizing the importance of attracting ESG investor acceptance and participation, in their May 8^th sustainability report, Pan American Silver (NASDAQ:PAAS) (TSX: PAAS.TO),  announced, “ESG Call - Save the Date: Pan American is planning to host a call to discuss its sustainability strategy and practices, including its performance on ESG factors. The call is scheduled for September 14, 2020.”

Coeur Mining (NYSE:CDE) announced its responsibility report at the end of April noting, “We strive to integrate our ESG principles at every level of our business – from our Board of Directors to our frontline employees and contractors,” said Mitchell J. Krebs, President and Chief Executive Officer.“Publishing our Responsibility Report validates our goal of increased transparency and accountability for our sustainability objectives. It is imperative that we uphold our core values of Protecting our people, places and planet, Developing quality resources, growth and plans, and Delivering impactful results through teamwork. We plan to continue aligning our goals of maximizing long-term stakeholder value with our strategy of safely and responsibly discovering, developing and operating a balanced portfolio of quality precious metals assets.”

Looking at the future of silver miners and mining and metals stocks in general, adopting an ESG policy might invite a whole new generation of investors to the sector.

Blackrock set the bar for ESG standards for the sector and now reports, “Companies with strong profiles on material sustainability issues have potential to outperform those with poor profiles. In particular, we believe companies managed with a focus on sustainability should be better positioned versus their less sustainable peers to weather adverse conditions while still benefiting from positive market environments.”

First Majestic Silver Corp. (NYSE: AG) (TSX: FR.TO), in addition to building out revenue and profitability for its shareholders, also recognizes the importance of ESG to its investors. “One of our core values-and a key building block of First Majestic’s vision-is to work towards sustainability through exceptional corporate citizenship. We know that operational excellence goes beyond the return to our shareholders; it considers the well-being of our employees and their families, the communities where we work and the impact on our environment while respecting the fundamental human rights, cultures, customs and values of our employees and communities. First Majestic is committed to socially responsible mining: working safely, ethically and with integrity, taking responsibility for our impacts on the environment and the communities where we operate, and contributing to local sustainable development. We recognize that integrating responsible practices into our management systems and standards across the Company is essential to ensure the long-term prosperity of our business.”

Research mining stocks at Investorideas.com with our mining stocks directory at Investorideas.com https://www.investorideas.com/Gold_Stocks/Stocks_List.asp 

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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