Monday, May 17, 2021

#CryptoCorner #Podcast 591: #Stocks discussed: (NasdaqGS: $TSLA) (TSX: $GLXY.TO) (TSXV: $BNXA.V)

 



 

#CryptoCorner #Podcast 591: #Stocks discussed: (NasdaqGS: $TSLA) (TSX: $GLXY.TO) (TSXV: $BNXA.V)

 

#Crypto Market in the Red, #Bitcoin Down Following Elon Musk Tweet, Galaxy Digital Releases Q1 Results, and Banxa is Integrating Crypto-to-Fiat Gateway with Bancor

 

Point Roberts, WA, Delta BC May 17, 2021 -  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 cryptocurrency stocks and the crypto market.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2021/051721-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/05171TSLA-GLXY-BNXA.asp

 

Get the Crypto Corner Podcast on iTunes

 

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Stocks discussed: (NasdaqGS:TSLA) (TSX:GLXY) (TSXV:BNXA)

 

As we begin another week, the crypto market is very much in the red, having spent the weekend in decline, according to data from CoinMarketCap. In particular, Bitcoin (BTC), is down about 10 percent in the last 24 hours, and about 23 percent in the last seven days. This dramatic dip seems to have been a response to a comment by Elon Musk on a tweet yesterday, implying that Tesla (NasdaqGS:TSLA) might offload its crypto holdings. A crypto analyst called Mr. Whale (handle @CryptoWhale) tweeted:

 

Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their #Bitcoin holdings. With the amount of hate @elonmusk is getting, I wouldn’t blame him…

 

to which Musk replied, “Indeed”

 

It’s worth noting, however, that although Bitcoin crashed to a low of $42,284 USD following Musk’s tweet, it has recovered somewhat to a trading price of about $44,130 at press time.

 

Galaxy Digital Holdings Ltd. (TSX:GLXY) has released financial results for the first quarter ended March 31, 2021. Another consecutive record quarter, the company reported a net comprehensive income of $860.2 million, a significant improvement over its net comprehensive loss of $26.9 million in the same period for 2020. Michael Novogratz, Founder and CEO of Galaxy Digital, said:

 

"Beyond delivering dramatic organic growth, we announced we will acquire BitGo, which will establish Galaxy Digital as the first full-service digital asset financial platform for institutions and ensure our business is aligned with broader institutional adoption."

 

Crypto payment service provider (PSP) Banxa Holdings Inc. (TSXV:BNXA) is integrating its crypto-to-fiat gateway with Bancor, an on-chain liquidity protocol that enables “automated cross-chain swaps and liquidity provision to different tokens.” According to the press release, this will allow “Bancor customers to purchase digital assets through the Bancor Network interface with fiat currencies, without having to first convert their fiat into dollar-backed stablecoins, bitcoin, or ether.” Holger Arians, CEO of Banxa, explained:

 

"As the market continues its record-breaking bull run, we are proud to have our technology integrated with a project like Bancor. Bancor Network provides a smooth, user-friendly interface for non-custodial trading of thousands of cryptocurrency pairs, and this integration enables easier on-boarding for users who wish to transact from fiat currencies into their favorite tokens."

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

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 .

The Crypto Corner is part of the Investor Ideas Membership content

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Friday, May 14, 2021

Investor Ideas #Potcasts 565, #Cannabis News and #Stocks on the Move; (CSE: $TRUL.C) (OTCQX: $TCNNF), (CSE: $EATS.C) (OTC: $EATBF) (TSX: $HEXO.TO) (NYSE: $HEXO)

Investor Ideas #Potcasts 565, #Cannabis News and #Stocks on the Move; (CSE: $TRUL.C) (OTCQX: $TCNNF), (CSE: $EATS.C) (OTC: $EATBF) (TSX: $HEXO.TO) (NYSE: $HEXO)

 


Delta, Kelowna, BC, May 14, 2021 (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/2021/051421-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cannabis-potcasts/05141TRUL-TCNNF-EATS-HEXO.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

 

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.

 

In today’s podcast we look at a few public and private company announcements.

 

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, announced its results for the quarter ended March 31, 2021. The Company became a U.S. reporting company effective February 4, 2021 and the consolidated financial statements are reported in accordance with U.S. Generally Accepted Accounting Principles (GAAP). All currency is expressed in U.S. dollars.

 

Q1 2021 Highlights

       Achieved record quarterly revenues of $193.8 million, a sequential increase of 15% over Q4 2020

       Generated net income of $30.1 million

       Delivered Adjusted EBITDA of $90.8 million

       Achieved gross profit of $135.3 million and gross margin of 70%

       Delivered $60.4 million in cash flows from operations

 

2021 Operational Highlights and Recent Events

       Recently announced definitive agreement to acquire Harvest Health & Recreation Inc., the largest cannabis acquisition announced in the U.S. to date.

       Harvest reported first quarter revenue of $88.8 million and Adjusted EBITDA of $26.9 million

       Reported first full quarter of operations in Pennsylvania and opened phase 1 of our new cultivation facility adding 45,000 square feet for a total of 80,000 square feet of cultivation

       Well-positioned to become a first-mover, vertically-integrated operator in West Virginia through successful application wins and the recent acquisition of Mountaineer Holding

       Expanded our Florida operations by eight stores and 116,000 square feet of cultivation, ending the quarter with 82 stores and over 2 million square feet of cultivation in Florida

 

“During Q1 we continued to execute on growth in Florida as well as our national hub

expansions. Our record revenue and industry leading EBITDA margins demonstrate our continued focus on execution," stated Kim Rivers, Trulieve CEO. "The pending acquisition of Harvest will be transformative and will build on our profitability, expanding our runway for growth."

 

Rivers continued, "Our continued strength in our home state of Florida, as well as the build out of our northeast hub, with progress in Pennsylvania, Massachusetts and West Virginia, has generated momentum for an exciting remainder of the year. We expect many positive catalysts in the months ahead, which align well with the current political environment and heightened focus on cannabis in this country."

 

Trees Corporation announced the closing of the acquisition of 5 retail cannabis stores in Ontario previously licensed under the name Metro Cannabis.  Three of the acquired stores are open and will operate under the TREES Cannabis brand with the remaining 2 stores anticipated to open early this summer.

 

Newly acquired stores to operate as TREES CANNABIS:

       1735 Kipling Ave, Etobicoke – (OPEN NOW)

       76 St. Claire Ave W, Toronto – (OPEN NOW)

       5485 Dundas St E, Etobicoke – (OPEN NOW) (Toronto's first drive-through)

       3812A Bloor St, Etobicoke – (Summer 2021)

       62 Overlea Blvd, Toronto – (Summer 2021)

 

TREES also announced the opening of Toronto's first convenient drive-through cannabis retail service at 5485 Dundas St E, Etobicoke.  Customers can order online and easily pick up their order without leaving the comfort and security of their car.  The speed and convenience of the service is unique in Toronto and has already proven to be widely popular among customers.

 

Inclusive of this Transaction, TREES holds a portfolio of 15 retail cannabis stores in Ontario, with 5 locations currently open and an additional 10 stores anticipated to open through the summer and early fall of 2021.

 

In British Columbia, the Company is awaiting provincial approval to close its previously announced acquisition of 8 stores (5 in Victoria, 2 in Nanaimo and 1 in Vancouver).  With 3 stores currently operating, the next 2 scheduled to open later this month, and the remaining 3 scheduled to open this fall, the TREES Cannabis brand is quickly re-establishing itself in British Columbia and building on its prior legacy of respect and loyalty among the Vancouver Island cannabis community.

 

Upon closing of the acquisition of the British Columbia stores, the Company will own and soon operate 23 stores across Canada and anticipates further growth this year through organic store openings and strategic acquisitions.

 

Eat Beyond Global Holdings Inc. (CSE: EATS) (OTC: EATBF), an investment issuer focused on the global plant-based and alternative food sector, announced that it has invested in Daydream Drinks Inc.  Daydream is an Ontario-based beverage company that has created Canada's first sparkling water infused with hemp extracts and adaptogens.

Daydream's hemp oil contains below 0.03% CBD and zero THC, making Daydream a non-cannabis product. Hemp and adaptogens have a range of benefits, making them a suitable option for Canadian grocery and retail stores.

 

Eat Beyond joins Global Edge Investments, a Toronto-based investment and management company, and other industry veterans, such as Jorn Socquet, a 14-year executive from ABinBEV, as an early-stage investor in Daydream.

 

"When creating Daydream, our vision was based on the fundamental principle that there was a gap in the market for something that wasn't coffee or an energy drink, but instead a healthy, plant-based alternative, with no caffeine, sugar, or artificial sweeteners," said Alex Simonelli, Founder and CEO of Daydream. "Adaptogens help the body tap into natural energy reserves to provide focus and clarity. They are also well known for balancing stress levels by supporting the endocrine system, and keeping inflammation in check."

 

Daydream has seen impressive growth since launching in late 2019, with year-over-year revenue jumping 550 percent in 2020. The distinct, colourful gradient cans are comfortably on pace to reach more than 1000 stores across Canada by the end of 2021, a roughly 2,300 percent increase from its debut year. Projections show Daydream is on track for another triple-digit year of revenue growth.

 

"Eat Beyond welcomes its first beverage company to our ever-growing food technology portf

olio. We like the idea that not only can people eat better but drink better too,"  Eat Beyond CEO Patrick Morris said. "Daydream has shown impressive growth in its brief history and is well-positioned to capture even more of the beverage market in the years ahead.  Its unique and strong branding has positioned it well in the industry for organic, word-of-mouth growth, which is critical for any product that contains hemp as an ingredient in Canada."

 

HEXO Corp (TSX: HEXO) (NYSE: HEXO) today announced Purchase and Sale Agreements in relation to its first US production facility, through a wholly owned US subsidiary. The ~50,000 sq. ft. facility, located in Northern Colorado, will provide US CPGs and consumers access to the Powered by HEXO® technology.

 

“Signing the Purchase and Sale Agreements is an important milestone as we continue to expand into the US market. The Colorado facility will be instrumental to successfully executing on our US strategy, which includes the supply of high quality Powered by HEXO ® technology to our current and potential multinational CPG partnerships in the United States,” said HEXO CEO and co-founder Sebastien St-Louis. “The facility will provide HEXO with the necessary infrastructure to begin production and enable the Company to continue expanding our joint-venture with Molson Coors to create Truss CBD-infused beverages, while also creating the necessary capacity to support future, non-beverage CPG partnerships.”

 

The Colorado production facility, HEXO’s first in the US, is zoned for production of a full range of cannabinoids and offers multiple operational capabilities. The site will support Powered by HEXO initiatives across the country, in compliance with all applicable laws and regulations.

 

Powered by HEXO® is the trusted solution for leading CPG companies to safely enter the cannabinoid market, combining HEXO's expertise in cannabis with CPG partners’ expertise in their industries to co-develop best-in-class cannabinoid-infused products.

 

The closing of the transaction is subject to a due diligence period as well as usual customary closing conditions, which is anticipated in the fourth quarter.

 

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that 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

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

 

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio ,  Google Play Music and most audio platforms available.

 

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. 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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#AIEye #Podcast 556: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $VERI)

#AIEye #Podcast 556: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $VERI)

 

GBT Integrating xCalibre Image Analysis Into Infinia Radio System, and Veritone Announces MARVEL.ai

 

Global Neural Network Software Market to Reach $78.9B by 2026

 


Point Roberts WA, Vancouver BC – May 14, 2021  – 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  –  featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2021/051421-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2021/artificial-intelligence/05141GTCH-VERI.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: (OTCPINK:GTCH) (NasdaqGS:VERI)

 

GBT Technologies Inc. (OTC PINK:GTCH) has announced the integration of its xCalibre image analysis into Infinia, its long range radio system. The AI-based xCalibre (an internal project name) facilitates the collection and analysis of information in real-time, enabling smart detection and recognition functions with CCTV (Closed Circuit TV) cameras, recorded videos and images. Infinia is described as a “high performance, fully integrated, radio transceiver system that is ideally suited for applications that require long range data and audio communication and network robustness.” According to the press release, “GBT intends to integrate the two systems together to enable real-time image recognition and analysis for remote locations.”

 

Veritone, Inc. (NasdaqGS:VERI) has announced the launch of MARVEL.ai, described in the press release as “an end-to-end Voice-as-a-Service (VaaS) solution that immediately enables media companies, brands, marketers, celebrities and influencers, many of whom are current Veritone customers and partners, to create, manage, license and monetize hyper-realistic synthetic voices.” Veritone’s President, Ryan Steelberg, explained:

 

"Veritone MARVEL.ai is a natural extension of our expertise in artificial intelligence, digital content licensing and audio advertising. By offering the most advanced synthetic voice models and supporting both text-to-speech and speech-to-speech processes, Veritone MARVEL.ai is setting the standard for the synthetic content ecosystem. Whether you’re a media company, brand, or an influencer, celebrity or athlete, the ability to easily create custom, authentic voices means that Veritone MARVEL.ai is a true game-changer for the media and entertainment industries."

 

Global Neural Network Software Market to Reach $78.9B by 2026

 

A report published by Research and Markets finds that the global Neural Network Software market will grow from $25.5 billion in 2021 to $78.9 billion by 2026 with a compound annual growth rate (CAGR) of 25.4 percent in the same forecast period. An excerpt from the report’s summary reads:

 

Major factors that drive the market growth of the Global Neural Network Software Market are increasing adoption of IoT and connected devices, preference towards cost-efficient managed services, and easy availability of various analytical tools and spatial data coupled with increasing industrial automation across the sectors. Also, the trend towards predictive and prescriptive analytics passing over descriptive analytics is driving the growth of the neural network software market. Furthermore, rising adoption of wireless connectivity technologies including 3G and 4G technology in developing economies such as India, China, etc. and great efforts made by developed countries for rolling out 5G in the coming years are also the major factors that help in boosting the growth of the target market over the forecast period.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

Investors can trade these stocks and other ideas on our site using our  list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

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 .

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

 

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

 

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 

Disclosure: GTCH is a paid AI featured stock on Investorideas.com

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