Monday, April 08, 2019

#CryptoCorner: Market Stays Strong Over Weekend, Kleinwort Hambros Issues #Blockchain ETN, IBM (NYSE: $IBM) and Accenture (NYSE: $ACN) Patent Blockchain Solutions



#CryptoCorner: Market Stays Strong Over Weekend, Kleinwort Hambros Issues #Blockchain ETN, IBM (NYSE: $IBM) and Accenture (NYSE: $ACN) Patent Blockchain Solutions


Point Roberts WA, Delta BC, April 8, 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 and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

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April 8 Crypto Corner

The crypto market has stayed fairly strong since we left off on Friday, growing from a $169 billion total market cap to just under $181 billion at press time, according to CoinMarketCap. The market matched last Wednesday’s peak total market cap on Sunday, briefly hitting $185 billion, the highest market cap since November 2018. Currently Bitcoin (BTC) is trading for $5200, having gotten as high as $5300 during the Sunday market peak. Following are Ether (ETH), with a trading price of $178, XRP at $0.35, Bitcoin Cash (BCH) at $305 and Litecoin (LTC) at $88.

Private bank Kleinwort Hambros has issued a blockchain exchange-traded note (ETN), according to a report from FinExtra this morning. According to the piece, the ETN portfolio of stocks will include an array of 20 companies spanning the tech, shipping, oil and gas, custody banking and industrial sectors. The blockchain ETN is available for a minimum investment of €1000 EUR. John Birdwood, portfolio manager at Kleinwort Hambros, said:

“We have seen increasing interest from clients in the area of blockchain. We have built an innovative product which will provide our clients with the diversified exposure to the promising growth prospects blockchain technology offers."

IBM (NYSE:IBM) has patented a new technology that analyzes data and interactions for self-driving vehicles (SDVs) using blockchain technology. An excerpt from the patent description outlines how blockchain is leveraged:

The open blockchain network (such as IBM's hyper-ledger) may be used to maintain the MIH [Mobility Information Hub] which contains driving history of drivers within a distance of the current SDV. The SDV may be one of the nodes in the open blockchain network to participate on transaction validation (for example, uploading data). Our invention may implement advanced analytics/learning models (for instance, driver behavior models) on top of the open blockchain. Thus, the system only allows authorized entities (SDV, a driver, traffic control node, etc.) to access data and models. The SDV may fetch the predicted behavior of the nearby drivers in real-time via a blockchain client application by passing the nearby driver(s) identification (for instance, a license plate number).

Cointelegraph reports that another tech firm, Accenture (NYSE:ACN), has also filed two blockchain-related patents recently. The first provides a method for cryptologic blockchain interoperability, which allows users to share data stored on the blockchain using a digital signature. The second is for a cryptologic self-executing blockchain export commitment, which Cointelegraph describes as an “interoperability smart contract solution that uses a pre-commit authorization” wherein “the sender is able to lock the token data on the blockchain while waiting for confirmation from the receiver”.


Sam Mowers, Investorideas

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Genesis Exchange and Wallet App by Genesis Blockchain Technologies ( GBT)
@GenesisBlockch 
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io



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Tokenizing The World, inside Costa Rica; @tokenize_it

Tokenizing The World, inside Costa Rica; @tokenize_it



Regulation, last year’s total rumble. Yes or no, risky or safe?

Everybody who’s a part of the blockchain movement already is looking for an answer to that specific situation. One of the cases where obtained knowledge seems to point towards is the tokenization of assets.

Massive investment opportunities are the benefits typically reserved for the few. Decentralized blockchain network can change that. Just like bitcoin is significantly changing the financial landscape, a blockchain asset tokenization can make investing in real world assets far more convenient and efficient.

With this method, tangible assets can be divided into small units increasing their liquidity and enabling more market participants to join. Regulation would not be an issue but an answer if the right conditions where to appear. Enter Tokenize-IT.



Tokenize-IT is the very first fully compliant platform for creating, launching and investing in tokenized assets:

   Companies can conduct a compliant security token offering for verified accredited investors with both fiat and digital currency contribution options.

   Through our bank-grade compliancy standards, we ensure full KYC/AML due diligence is completed before an investor participates on our platform and meets accredited investor status.

    In Costa Rica, the equivalent of the Securities Exchange Commission, called SUGEVAL, issued a regulation two years ago which stated that cryptocurrencies are seen as commodities, not as securities.

    Tokenize-IT has been granted broker/dealer license from the commodities exchange and acquired a currency exchange license for al G10 currencies which allows the company to separate crypto from fiat; solving the conflict of missing the asset classes.

    Foreign technology companies can apply for an International Free Zone space. When granted, your cryptocurrencies initiative/business is tax exempt for ten years.

   Business Processing Outsourcing (BPO), personalized experiences, immediate solutions, and quality assurance practices you will not find anywhere else. We listen to our customers, take advantage of data and technology creating a seamless experience that provides great service and support.

   Tokenize-IT is located in Costa Rica, mostly because of the countries policies towards cryptocurrency, and it’s world renowned BPO services.

Issues on  liquidity of assets, fractional ownership, diversification of risk, newer models for raising capital, control over investment, a big decrease in the number of intermediaries and liquidity can be solved with Tokenize-IT’s resources.

There are many assets that can be moved to blockchain: stocks, real estate properties, gold, even fine art. The main point is to tokenize very expensive assets that only a few can afford at the moment. You can be a merchant, or you can be a trader who is willing to diversify their assets portfolio and be subjected to little less investment risk.

This company is part of a bigger project that will certainly push the blockchain world forward. Be a part of the solution, not the problem. For more information on this project follow this link:



Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
@GenesisBlockch
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Genesis Blockchain Technologies is a paid sponsor of the #CryptoCorner podcast at Investorideas.com https://www.investorideas.com/crypto-corner/

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Large-Scale Distributor Plans + Positive #CBD Financials Bolster Market Despite Regulatory Issues (OTCQB: $NLBS) (OTCQX: $CWBHF) (NASDAQ: $VFF) (NYSE: $APHA)

Large-Scale Distributor Plans + Positive #CBD Financials Bolster Market Despite Regulatory Issues (OTCQB: $NLBS) (OTCQX:  $CWBHF) (NASDAQ: $VFF) (NYSE: $APHA)




Point Roberts WA, Delta BC – April 8, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a market snapshot discussing how the recent influx of positive 2018 financials have helped embolden the CBD market and showcase its progress in spite of unclear government regulations.

As discussed in a recent Forbes article “the two biggest pharmacy chains in the United States decided that CBD was worth exploring. Both CVS and Walgreens announced – within days of each other – that they would begin selling hemp-derived CBD products in 2,300 stores between the two nationwide chains. While you won’t find the trendy CBD products listed at these drugstores, their shelves will soon contain a variety of topical applications like creams, lotions, salves, patches, and sprays.”
                             
Continued: “The fact that nationally recognized brands are putting their weight behind cannabis-tangential products is almost certainly a harbinger of things to come – even if the complex reality of FDA regulations forces the drugstore chains to limit their CBD product lines to topical applications for practical and legal reasons.”

This endorsement of the CBD sector is only emboldened further with the recent string of positive 2018 financials coming out


NutraLife Biosciences, Inc. (OTCQB: NLBS), a company that develops, manufactures, and distributes nutraceutical, wellness, and CBD products, under the NutraHempCBD brand and oral spray vitamins and supplements under the NutraSpray brand, recently announced revenue growth of approximately 107.3% in 2018, the filing of its Annual Report on Form 10-K and audited financial results. Some of the highlights from the Company’s financial results reported in its Form 10-K for the year ended December 31, 2018 include: increased sales to $3,711,327 for the year ended December 31, 2018 compared to $1,790,168 for the year ended December 31, 2017, an increase of approximately 107.3%, cost of sales was $2,211,039 compared to $1,055,042 for the years ended December 31, 2018 and 2017, respectively, or a 109.6% increase, gross margin for the year ended December 31, 2018 was $1,500,288, a 104.1% increase over the year ended December 31, 2017 and sales of CBD products increased from approximately $1,380,000 for the year ended December 31, 2017 to $2,400,000 for the year ended December 31, 2018 representing 77% and 78% of our revenues for such periods.

Edgar Ward, Founder and Chief Executive Officer of NutraLife Biosciences recently commented on the CVS CBD news, saying “It is encouraging to see that mainstream retail giants like CVS are offering hemp derived CBD products to consumers.”

Charlotte's Web Holdings Inc. (CSE: CWEB) (OTCQX: CWBHF), the market share leader in hemp-derived CBD extract products, recently reported financial results for the fourth quarter and year ended December 31, 2018. Some of the highlights of Fourth Quarter 2018 Results versus Fourth Quarter 2017 Results were: an organic consolidated revenue growth of 71% to $21.5 million (up 21% QoQ), gross profit increased 63% to $16.3 million, or 76% of consolidated revenue, adjusted EBITDA decreased from 37% to 20% of consolidated revenue, due to extraordinary items and 57% of revenue from eCommerce.

Village Farms International, Inc. (TSX: VFF) (NASDAQ: VFF) just recently announced its financial results for the fourth quarter and year ended December 31, 2018.
Some of the financial and corporate highlights for the Fourth Quarter Ended December 31, 2018 included: a net income improved of US$0.3 million, or US$0.01 per share, sales, including the Company's proportionate share of Pure Sunfarms' sales, increased to US$40.6 million compared with US$36.9 million, EBITDA, was US$1.5 million compared with US$2.6 million. EBITDA included $0.9 million from Pure Sunfarms and the Company's common shares commenced trading on the Nasdaq Capital Market under the symbol "VFF".

While most eyes are currently on the US CBD market, Aphria Inc. (TSX: APHA) (NYSE: APHA) through its subsidiary Aphria Deutschland GmbH is focusing on other markets having recently launched the Company's first CBD-based nutraceutical, the first product in its CBD-based cosmetics line for the German market. Featuring CBD derived from hemp, the CannRelief brand of products are being produced in the European Union and distributed by the Company's subsidiary, CC Pharma, which has access to more than 13,000 pharmacies throughout Germany.

Before we see more major chains really double down on the cannabis landscape, a new regulatory framework will have to be developed and implemented, providing guidance for what these companies can and can’t do. Though we may be a long way off from that framework coming into place, a continued string of positive financials and interest from large parties like this is encouraging to see and helps give credence to the industry.
   
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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Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

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Disclaimer/Disclosure:. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring NutraLife Biosciences Inc. (OTC: NLBS) is a paid for service on Investorideas.com ( third party).  Learn more about costs and our services https://www.investorideas.com/News-Upload/
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#California #Cannabis Distribution Deals Bring Good News to California Market; (CSE: $EAT.C) (CSE: $OH.C) (CSE: $GRIN.C) (CSE: $GABY.C)


#California #Cannabis Distribution Deals Bring Good News to California Market; (CSE: $EAT.C) (CSE: $OH.C) (CSE: $GRIN.C) (CSE: $GABY.C)



Point Roberts WA, Delta BC – April 8, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a market snapshot discussing the success of recent distribution agreements in the California cannabis space.

Nutritional High International Inc. (CSE: EAT) (OTCQB: SPLIF), a company focused on developing, manufacturing and distributing products under recognized brands in the cannabis products industry, with a specific focus on edibles and oil extracts for medical and adult recreational use, recently congratulated Cresco Labs Inc. on their agreement to acquire Origin House.








"We are pleased that another California distribution and manufacturing company with many similarities was acquired at such a healthy multiple," commented Adam Szweras, Co-Chair of the Nutritional High board. "This acquisition and the valuation of Origin House are a vote of confidence for companies like Nutritional High, signaling that the market values companies who are able to control shelf space and realize greater margins and market penetration through ownership of the distribution pipeline."

Nutritional High recently released their Q2 2019 Financials with some of the highlights of $6.1 million from the sale of Cannabis related products in California, primarily via its wholly owned distributor, Calyx Brands Inc. which represents an annualized revenue run rate of $24.2 million.
At the end of January 31, 2019, the Company has now recognized a trailing twelve-month revenue from Cannabis sales of approximately $17.6 million, making Nutritional High's Calyx now one of the largest distributors in California.

Cresco Labs Inc. and CannaRoyalty Corp., d/b/a Origin House (CSE: OH) (OTCQX: ORHOFrecently announced that they have entered into a definitive agreement in which Cresco Labs will acquire all of the issued and outstanding shares of Origin House, representing a total consideration of approximately C$1.1 billion on a fully-diluted basis, or C$12.68 per Origin House Share.

The Transaction represents the largest public company acquisition in the history of the US cannabis industry. The combined entity will be: one of the largest vertically-integrated multi-state cannabis operators in the United States; a leading North American cannabis company, by footprint; and one of the largest cannabis brand distributors.

Grown Rogue International Inc. (CSE:GRIN) (OTC: NVSIF), a vertically-integrated, multi-state cannabis company with licenses and operations in Oregon, California, and now Michigan recently released its financial and operating results for the three months ended January 31, 2019.

Some of the first Quarter 2019 highlights included: a first quarter revenue growth of 388% year-over-year to $834,309 which is expected to continue as the Company proceeds with its expansion plans in Oregon, California and Michigan, gross margin improved to 31% compared to negative gross margin Q1-2018, and Grown Rogue products in over 220 dispensaries in Oregon.

"Our Fiscal 2019 Q1 represents the first full quarter for Grown Rogue as a public company and marks the Company's 5th consecutive quarter of revenue growth since launching first in the state of Oregon in late 2017," said Obie Strickler, President and CEO of Grown Rogue. "To have gained this brand recognition and sales traction, in what is arguably the world's most competitive legalized cannabis market, bodes very well for our expansion into California and particularly the newly legalized market in Michigan. We've grown very quickly from controlling just 3 licenses in one state a year ago to assets allowing us to have 22 licenses in three states today."

Gabriella's Kitchen Inc. (CSE: GABY), an innovative and leading-edge cannabis wellness company is ensuring its own distribution throughout the state having recently announced the completion of its acquisition of all of the issued and outstanding shares of Sonoma Pacific Distribution, Inc., California's premier, independently-owned cannabis distribution company, which was previously announced on October 23, 2018.  With the closing of the Acquisition, GABY gains an expansive distribution reach across the state of California, which currently represents the world's most thriving cannabis market as well as a permanent cannabis distribution license that was issued to Sonoma Pacific by the California Bureau of Cannabis Control and the County of Santa Rosa on March 14, 2019.

"With the support of GABY and its executive team as well as the ability to leverage GABY's infrastructure, Sonoma Pac realized a record-breaking first quarter of 2019.  For the three month period ending March 31, 2019, it is estimated that Sonoma Pac generated revenue that exceeds CDN$8 Million from the sale of our proprietary products," stated Aaron Browe, President of Sonoma Pac.  "That number represents a massive 1,200% increase over the same quarter last year."

As California is currently the world’s largest regulated cannabis market, the market trends and developments that occur there will have a large impact on how the rest of the cannabis industry operates. These recent developments show that strong financials and a solid distribution channel have become necessities in this maturing market.

The California Senate voted last Thursday, April 4th (voting 32-4), passing a bill that would allow the state to extend temporary licenses to cultivators until replacements are approved, removing a potentially large obstacle and showing it wants to maintain its market share.    

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

About Investorideas.com
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. 

Follow us on Cannabis Social Media

Disclaimer/Disclosure:. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring Nutritional High International Inc. (CSE: EAT) (OTC: SPLIF) is a paid for service on Investorideas.com.  Learn more about costs and our services https://www.investorideas.com/News-Upload/
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The #AIEYE: #AI Bolstering #Security through Weapon Detection; (CSE: $VSBY.C) (TSXV: $PAT.V) (NASDAQ: $SSTI)

The #AIEYE: #AI Bolstering #Security through Weapon Detection; (CSE: $VSBY.C) (TSXV: $PAT.V) (NASDAQ: $SSTI)



Point Roberts WA, April 8, 2019 - Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, looking at the intersection of AI and Security.

In the increasingly digitized world, security is more and more of a pervasive threat to both private and public safety. In response, many companies are leveraging artificial intelligence technology to keep threats in check via surveillance monitoring and weapons detection. A report from Markets and Markets for instance, finds that global AI in the security market is projected to grow from $2.99 billion in 2016 to $34.81 billion in 2025 with a compound annual growth rate (CAGR) of 31.38 percent in the forecast period.

A recent article from Zacks.com, looking at AI in defense and police surveillance, outlined how global tech leader Google employed AI technology in its Maven drone project, established in 2017. Maven analyzes the copious amount of footage gathered by US drones by utilizing Google's TensorFlow AI technology and machine learning APIs.

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (Frankfurt 5VS)  is a company that uses machine learning and computer vision to provide facial recognition and weapon detection capabilities. Recently joining the tech company portfolio of security firm Muller Group International (MGI), VSBLTY has extended its range to untapped markets.


VSBLTY Co-Founder and CEO Jay Hutton said:

"With more and more so-called soft targets being attacked around the world, heightened security is needed virtually everywhere. In most instances, our face-on cameras provide better facial recognition than overhead CCTV cameras to enable faster, professional security responses to threats. With this partnership with MGI we are advancing the increasingly important ability to provide security where it has never been available before.”

Patriot One Technologies Inc. (TSXV:PAT) (OTCQX: PTOTF), developer of the award-winning PATSCAN covert weapon detection system, last year acquired AI-powered safety and surveillance company EhEye Inc. Regarding the acquisition, Patriot One CEO and President, Martin Cronin explained how EhEye’s video threat recognition software was a perfect fit for the company.

“Their award-winning threat recognition software will integrate into our client’s existing video camera networks offering a first line of defense to detect active shooters or terrorists approaching a venue with weapons drawn. It will also offer an additional layer of detection inside buildings to track threats and even identify irregular disturbances or physical altercations between individuals.”

An ACM (Association for Computing Machinery) article from earlier this year indicates how Patriot One addresses the problem of weapon detection through “a microwave radar scanner driven by artificial intelligence (AI) that can detect hidden weapons, along with a video surveillance component.” An excerpt from the article explains the technology:

“The Patriot One system works by beaming radio waves at individuals, which bounce off any guns concealed beneath their clothing or stashed in backpacks or other luggage. The system processes the radio waves that bounce back from an individual with AI software trained to recognize what a radio wave bouncing off a hidden gun. The system also incorporates AI video surveillance software component, which has been trained to identify guns in plain sight of video cameras.”

Elsewhere, precision-policing solutions provider ShotSpotter, Inc. (NasdaqCM:SSTIdetected over 107,000 gunfire incidents across the US in 2018. The company’s machine learning based classification system leverages the world’s largest audio database of gunshots and sounds that are similar to gunshots. Ralph Clark, president and CEO of ShotSpotter explains:

“ShotSpotter is in a unique position to track, analyze and share this comprehensive gunfire incident data to help cities across the country in their efforts to prevent and deter gun violence.”

In late 2018, ShotSpotter acquired HunchLab Technology, equipping its ShotSpotter Missions platform with AI-driven analysis capabilities that enhance predictive policing. William J. Bratton, former NYPD and LAPD Commissioner and current ShotSpotter Board Member commented:

“Precision-policing products represent a new era in law enforcement that will provide more specific and objective data to help prevent crime. I’ve seen the evolution of intelligence-based tools over the years and I think the combination of HunchLab with ShotSpotter will accelerate the maturation of the category and result in even greater value to police departments.”

So, with the ongoing threat of global terrorism or instances of simple armed robbery, weapons-based threats remain a constant risk for security systems and public safety around the world. And as with its penetration of many other industry verticals, AI is being leveraged in a variety of ways to keep those threats in check.


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