Breaking #Tech/ #Telecom #Stock News- iQSTEL (OTC: $IQST) Q2 Revenues Reach a Record $11M with Operating Subsidiaries Q2 2020 Net Income Surpassing $420K; @IQstel

Breaking #Tech/ #Telecom #Stock News- iQSTEL (OTC: $IQST)  Q2 Revenues Reach a Record $11M with Operating Subsidiaries Q2 2020 Net Income Surpassing $420K; @IQstel

 

NEW YORK, NY -7/29/2020 – (Investorideas.com Newswire) Breaking Tech/ Telecom Stock News- iQSTEL (OTC: IQST), a leading-edge 21^st Century Enhanced Telecommunications Service Provider, is pleased to provide the latest figures from Q2 2020 for our operating subsidiaries.

 

Read this news featuring IQST in full at https://www.investorideas.com/news/2020/technology/07291iQSTEL-Q2.asp

iQSTEL’s overall revenues for Q2 2020 surpassed the $11M mark and the net income broke past the $420K mark. The company continues on track to reach further record revenues/income figures as well as new acquisitions throughout the rest of 2020.

 

As seen in the included spreadsheet image (full details in the forthcoming Q2 filing), our operating subsidiaries all had positive Net Income:

 

Company	Etelix	SwissLink	Qglobal	IoT Labs	Operating Total
Commercial Brand	Etelix	SwissLink	Qglobal Miami	Qglobal Austin
Services	VoIP	VoIP	SMS	SMS	VoIP + SMS
Revenues	$          3,402,887	$           1,183,088	$                   163,546	$                 6,381,403	$                11,130,924
Gross Profit	$             304,665	$              171,760	$                     61,316	$                    194,567	$                     732,308
Expenses	$             104,793	$              160,372	$                     25,651	$                      15,074	$                     305,889
EBITBA	$             225,835	$                20,969	$                     35,665	$                    179,494	$                     461,963
Net Income	$             199,872	$                11,388	$                     35,665	$                    179,494	$                     426,419
Does NOT Include the Expenses nor Costs of our PubCo Holding iQSTEL Inc

“The tremendous growth we have seen in 2020 continues despite COVID-19’s global economic impact. Further proof that our business model, a combination of corporate growth and acquisitions, is working very well. All of our operating subsidiaries just reached a major milestone, going Net Income positive. Our management experience in Telecom Operations has been key in the achievement of these results. We look forward to fantastic Q3 and Q4’s as we anticipate further corporate and subsidiary developments leading in to 2021.” commented Mr. Iglesias, iQSTEL Inc’s CEO.

 

About iQSTEL Inc.:
iQSTEL Inc (OTC: IQST) www.iQSTEL.com  is a US-based publicly listed company offering leading-edge 21st Century Enhanced Telecommunications Services with a focus on a wide range of cloud-based enhanced services to the Tier-1 and Tier-2 carriers, corporate, enterprise, as well as the retail market. iQSTEL through its subsidiaries Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, IoT Smart Gas Platform, itsBchain offers a "one-stop-shopping” for international and domestic VoIP services, IP-PBX services, SMS exchange for A2P and P2P, OmniChannel Marketing, Internet of Things (IoT) applications (IoT Smart Gas Platform), 4G & 5G international infrastructure connectivity, as well as blockchain-based platforms: Mobile Number Portability Application (MNPA) and Settlement & Payments Marketplace for VoIP, SMS and Data.

 

About Etelix.com USA, LLC:

Etelix.com USA LLC www.etelix.com is a wholly owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami, Florida-based international telecom carrier founded in 2008 that provides telecom and technology solutions worldwide, with commercial presence in North America, Latin America, and Europe. Enabled by its 214-license granted by the Federal Communications Commission (FCC), Etelix provides International Long-Distance voice services for Telecommunications Operators (ILD Wholesale), and Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix was founded in 2008 and has been profitable since inception.

 

About SwissLink Carrier AG:

SwissLink Carrier AG www.swisslink-carrier.com is a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a Switzerland based international Telecommunications Carrier founded in 2015 providing international VoIP connectivity worldwide, with commercial presence in Europe, CIS and Latin America. SwissLink Carrier AG is a Swiss licensed Operator, having a domestic Interconnect with Swisscom, allowing their international Carrier Customers direct terminations via SwissLink into all Switzerland Fix & Mobile Networks. Since the takeover from Swissphone in November 2018 and the rename into SwissLink, they operate on a profitable level.

 

About QGlobal SMS LLC.:

QGlobal SMS LLC www.qglobalsms.com is a 51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based company and a commercial brand founded in 2020 specialized in international and domestic SMS termination, with emphasis on the Applications to Person (A2P) and Person to Person (P2P) for Wholesale Carrier Market and Corporate Market in US. QGlobal SMS has commercial presence in US, Mexico, Latin America, EMEA (Europe, Middle East, Asia) and Africa, through our SMS service providers based in Austin, TX and Miami, FL Our Austin-based SMS service provider is specialized in the SMS traffic exchange between US and Mexico, and our Miami-based SMS service provider is focused in the development of Latin America and the rest of the word. QGlobal SMS has robust international interconnection with Tier1 SMS Aggregators, guarantying its customers high quality and low termination rates, over more than 100 countries worldwide.

 

About Alcyon Cloud SMS S.A.S (Commercial Brand SMSDirectos.com ):

Alcyon Cloud SMS S.A.S. (Commercial Brand SMSDirectos.com), is a whole subsidiary of QGlobal SMS, a Colombian-based Application and Content Provider. Alcyon Cloud SMS (SMSDirectos.com) is registered with the Secretary of Information and Communication Technology (ICT) in Colombia, offering services to government, enterprises, small and medium business, as well as end-users. Using SMSDirectos’ existing network, they plan to expand services from SMS to offer omnichannel products and services such as: SMS, Emails, RCS (Rich Communications Services), Social Media Channels (Whats App, Messenger, etc), WebRTC (Web Real-Time Communication), VoIP (IP-PBX, SIP Trunking) ChatBots (Artificial Intelligence Based), SMS to Email, and Email to SMS.

 

About IoT Labs MX SAPI:

IoT Labs MX SAPI www.iotlabs.mx , a subsidiary of iQSTEL Inc, is an Internet of Things (IoT) Mexican technology development company, creator of the “IoT Smart Gas” Platform and Application. The IoT Smart Gas platform www.iotsmartgas.com consists of an IoT field device installed on the LP gas tank (adaptable to virtually any gas or liquid storage tank) and, thanks to the Internet of Things (IoT) technology via Sigfox or GSM network connectivity, allows remote managed and improved logistic processes of refilling, usage tracking and tank monitoring in real-time by the Smart Gas mobile app. The new GSM tracking feature allows for mobile use including ground, air, and sea tank monitoring.

 

About itsBchain LLC.:

itsBchain LLC www.itsBchain.com is a 75% owned subsidiary of iQSTEL Inc. itsBchain is a blockchain technology developer and solution provider, with a strong focus on the telecom sector.  The company is the final stage of development of a series of blockchain solutions aimed at using the blockchain ledger and smart contract solutions to enable more efficiency, quickness in execution and fraud-prevention in the telco industry.  Specifically, the company is developing a solution that will enable users and carriers to transfer mobile phone numbers with just a few clicks, allowing users and carriers the ability to transfer retail users from one mobile carrier to another instantly.  Additionally, the company is finalizing a carrier-grade marketplace solution to procure payments between carriers for cross-traffic of VoIP, SMS and data realtime as traffic is crossed between carriers.  This marketplace will allow for instant payment settlement as well as the prevention of fraud between carriers.

 

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

 

iQSTEL Inc.

IR US Phone: 646-740-0907, IR Email: investors@iqstel.com

 

Source: iQSTEL Inc. and its subsidiaries:

www.iqstel.com ; www.etelix.com ; www.swisslink-carrier.com ; www.qglobalsms.com ; www.smsdirectos.com ; www.iotlabs.mx ; www.iotsmartgas.com ; www.itsBchain.com

 

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Breaking #Security #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) to Deploy PATSCAN Platform with City of Cincinnati; @Patriot1tech

Breaking #Security #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) to Deploy PATSCAN Platform with City of Cincinnati; @Patriot1tech

 

Ginter Electrical Expands Installations of Multi-Sensor Threat Detection Platform in Ohio

 

TORONTO, ON – July 29, 2020 -- (Investorideas.com Newswire ) Breaking security stock news-  Patriot One Technologies Inc. . (TSX: PAT) (OTCQX: PTOTF)  (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is pleased to announce the upcoming deployment of its PATSCAN Platform to integrator/reseller partner Ginter Electrical Contractors, LLC (“Ginter Electrical”) of Cincinnati, OH and the City of Cincinnati.

 

Read this news featuring Patriot One in full at https://www.investorideas.com/news/2020/defense/07291TSXPAT-PATSCAN-Cincinnati.asp

 

“Working with Ginter Electrical and the City of Cincinnati to deploy our PATSCAN Platform in select government venues is a great opportunity to demonstrate how private industry and government can work together to ensure the public’s safety,” said Martin Cronin, Patriot One CEO.  “We’re excited to deliver our covert threat detection solution that is not only focused on saving lives but saving a way of life that the city’s employees, residents and visitors have come to expect since its establishment in December 1788.”

 

Five (5) PATSCAN Multi-Sensor Covert Threat Detection Platforms were shipped this week to Ginter Electrical in Cincinnati, Ohio, where they will be joined by Patriot One engineers and City of Cincinnati Facilities and Law Enforcement representatives to begin deployment of the platforms at select city facilities.  Specific locations will not be disclosed.

 

“City of Cincinnati officials have been closely following our efforts on the PATSCAN Platform deployment with the Cincinnati Reds Major League Baseball organization,” shared T.J. Dooley, Ginter Electricals’ Systems Integration Manager. “Following successful demonstration of the solution at the Reds’ undisclosed location, city management and law enforcement began to discuss plans for some initial deployments in select city buildings. We’re now ready to begin these deployments.”

 

“We pride ourselves on being a forward thinking, innovative Midwest city; always looking for ways to enrich our residents’ and visitors’ lives, while keeping them safe,” shared Interim City Manager Paula Boggs Muething. “I am proud to be part of a nationwide group against gun violence, as we continue our own efforts to develop Cincinnati as a smart, safe city with safer, healthy communities. Bringing solutions like the PATSCAN Threat Detection Platform will help us achieve this goal.  What started with our home team, the Cincinnati Reds at Great American Ball Park, will now expand across our great city.  As it spreads across our state and nation, we can take pride in the fact that Cincinnati played a leading role.”

 

Following the deployment of the initial five (5) PATSCAN Platforms, Patriot One and Ginter Electrical will work with the city officials on broadening deployment of the solution throughout other city facilities, as well as with other Ginter Electrical clients who have expressed interest in the multi-sensor threat detection platform.

 

Respectfully

 “Martin Cronin”

 

Martin Cronin, CEO

 

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):

Patriot Ones' mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances, or potential health and safety threats for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.

 

About Ginter Electrical Contractors:  Since 1998, Ginter Electrical has been providing high-quality, reliable commercial systems integration in the Greater Cincinnati/Tri-State area.  As one of the most reliable and professional electrical contracting firms in the area, Ginter Electrical can provide full-service end-to-end, electrical solutions for all kinds of power systems.  The company’s highly trained, high quality work force has over 200 years of combined electrical experience and is committed to providing its clients with the most comprehensive and efficient electrical and security solutions available, at a competitive price.  As a family owned and operated company, we are proud of the high-quality workmanship we provide our friends and associates in the Greater Cincinnati area. To learn more, visit ginterelectric.com.

 

For further information, please contact:

 

Patriot One Technologies Inquiries

info@patriot1tech.com

www.patriot1tech.com

 

Investor Relations

John Martin, Patriot One Technologies                         

+1 (888) 728-1332                                         

johnm@patriot1tech.com                                           

 

Media Contacts:

Scott Ledingham, Patriot One Technologies                           

+1-613-806-7135                                           

scott@prmedianow.com

 

 

CAUTIONARY DISCLAIMER STATEMENT:

No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to system sales, product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes”, and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

 

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

 

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Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 447 (TSX: $WEED.TO) (NYSE: $CGC) (NASDAQ: $GNLN) (CSE: $CRFT.C) (OTCQB: $GPFT)

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 447 (TSX: $WEED.TO) (NYSE: $CGC) (NASDAQ: $GNLN) (CSE: $CRFT.C) (OTCQB: $GPFT)

 

Delta, Kelowna, BC, July 24, 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/2020/072820-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/07281WEED-CGC-GNLN-CRFT-GPFT.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 company announcements.

 

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, announced the launch of its new U.S. e-commerce website: ShopCanopy.com.

 

ShopCanopy serves as the online home for Canopy Growth's growing portfolio of U.S. hemp-derived CBD product lines, and a one-stop shop for over 25 product SKUs from brands such as First & Free, This Works, and BioSteel. The site will continue to feature new brands from Canopy Growth, including the highly anticipated launch of Martha Stewart CBD.

 

"We're pleased to offer our customers a convenient, one-stop destination for exploring and purchasing Canopy Growth's products in the U.S.," said Sol Clahane, Vice President and General Manager – US Region, Canopy Growth. "As our exciting portfolio of hemp-based CBD products continues to grow and diversify, it's our ambition to offer competitively-priced, high quality products for each consumer need state and price point."

The intuitive, easy-to-navigate site allows consumers to search by brand or product category, such as softgels, oils, topicals or sport. ShopCanopy also features a robust educational component with more than 75 FAQs, blog posts and informative CBD educational material. The content provides consumers with an accessible, transparent, and trustworthy resource for science-backed information on CBD safety, dosing, benefits, product quality and more.

 

"We know consumers are looking for products they can trust in the nascent CBD industry," continued Clahane. As an industry leader, we see an opportunity to build brand loyalty by dealing directly with consumers through an e-commerce platform that brings Canopy Growth's entire product portfolio together in one place for the first time."

 

Canopy Growth is committed to selling only high-quality, tested and reliable products, and ensuring it makes no claims unless clinically validated. Every product sold on ShopCanopy will be accompanied by a Certificate of Analysis, which provides consumers with a complete list of third-party verified ingredients and testing to certify precise and accurate labeling of cannabinoid content, purity and safety.  Canopy Growth only sells CBD products in states where it is permissible under state law in order to ensure compliance with state consumer protection mandates and following the most stringent state laws regarding sale of CBD. The Company is also abiding by existing FDA regulations for manufacturing, labeling and marketing dietary supplements.

 

For more information, or to purchase* Canopy Growth products, visit www.shopcanopy.com.

 

Greenlane Holdings, Inc. (NASDAQ: GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced the launch of VIBES™ Cubano Cones and a new VIBES apparel collection featuring six unique designs across 25 items. VIBES Fine Rolling Papers is a joint venture between Greenlane and Berner the extremely influential rapper, serial entrepreneur, and founder of Cookies. Cultivated and crafted in France, and then cut and kitted in the Dominican Republic, VIBES offers a curated assortment of premium cones, rolling paper and branded accessories with a mission to create the ultimate smoking experience for connoisseurs.

 

“We created and curated VIBES papers for the connoisseur with the goal of bringing true innovation to the industry. With the introduction of The Cubano, we have innovated upon the standard width and size of a traditional cone. We believe The Cubano uniquely compliments our generation, culture, and my cannabis brand: Cookies. I couldn’t be more excited to roll out The Cubano globally,” said Berner, CEO and Co-Founder of VIBES Rolling Papers.

 

The Cubano Cone is longer than a king size paper and significantly wider in diameter. Each cone is meticulously hand rolled with a structure capable of maintaining its shape when packed while the draft angle ensures it burns consistently all the way through. The Cubano is available in all three VIBES paper blends, Ultra Thin, Hemp, and Rice, and can hold up to 8 grams of dry material. As with all VIBES paper products, The Cubano uses all-natural acacia tree gum for a perfect seal. They are currently available in limited quantities through select authorized retailers, and vibespapers.com.

 

VIBES launched in 2019 and has gained a strong reputation for producing superior quality papers and connecting with consumers in an authentic way. VIBES apparel and accessories have allowed the company to make the jump from rolling papers to establishing itself as a genuine lifestyle brand.

 

In addition to its new Cubano Cones, VIBES will drop a new apparel collection on its website VibesPapers.com on Friday, July 31st.The collection consists of six new designs: GOAT, Cheetah, 3D, Joint Cloud, Queen, and Block spread across 25 items including shirts, hoodies, sweatshirts, fleece pants, and more. The featured graphics were crowd sourced through VIBES’ Instagram art contest held earlier this year in March. This new apparel collection expands on VIBES’ line of premium branded accessories. Visit VibesPapers.com after Friday, July 31st, to shop these products and more.

 

BC Craft Supply Co. Ltd. (CSE: CRFT) announced its first purchase of premium artisanal organic cannabis.  BC Craft has purchased 29kg of BC Original Glue, which is pure organic, hand-trimmed, dried flower produced by Coast Mountain Cannabis. The flower will be packaged in beautiful 3.5 gram jars and in premium pre-rolls.  BC Craft partnered with Indiva Limited under a master processing agreement (“MPA”) that was announced on May 13, 2020, to facilitate the processing and sales of premium cannabis procured through BC Craft’s vast network of artisanal craft cultivators. Under the MPA, Indiva brings state of the art processing, sales, and national distribution, which will allow micro and small scale cultivators access to the national recreational market and greater visibility for their brand and quality craft product.

 

BC Craft offers preferential payment terms for flower, with a 50% deposit and 50% payment within 30 days, thus allowing the Company to partner with premium small scale craft cultivators nationwide. BC Craft’s CEO, Matthew Watters stated, “Many of our suppliers have faced significant challenges when entering the regulated market. We chose these terms because while it is reasonable and advantageous for the Company, it also helps the cultivator.  Most small batch cultivators are family run businesses and at BC Craft we believe that they deserve to be paid on time and at a fair price.”

 

CMC is a licensed boutique indoor cultivation facility located in Pemberton, B.C. nestled in the heart of the British Columbia’s Coast Mountain range. CMC’s team takes great pride in producing high quality organic cannabis which is reflected in their latest test results.  CMC’s founders have deep roots in the Sea-to-Sky corridor; they came together with a shared vision and mission to build a leading edge facility, which respects the traditions of the industry and grows the best organic cannabis.  At CMC, innovation and sustainability are at the heart of what they do.  As champions of their community and the surrounding environment, they pride themselves on being a craft, ultra-premium producer, employing the best talent in the industry, and delivering a superior product and experience to their customers.

 

Matthew Watters, CEO further stated, “This is a pivotal moment in BC Craft’s vision and mandate to bring the highest quality artisanal cannabis into the legal market and serves to validate the Company's long term business model.”

 

Zylö Therapeutics Inc., developer of the transformational Z-pod^™ topical delivery platform, announced that it has entered into an exclusive agreement with Grapefruit USA, Inc. (OTCQB:GPFT) to supply its Z-pod^™ system as the technological underpinning of Grapefruit’s Hourglass^™ time-release cannabinoid topical cream.

 

Zylö’s patented Z-pod^™ system is formulated such that it enables a Patchless Patch^™ product concept, whereby a topically applied cream provides ‘patch-like’ sustained release of a payload—such as cannabinoids or lidocaine—but without the hassles, inconvenience, and disposal issues of a patch. With certain payloads, the Z-pod^™ delivery system also increases dermal penetration, improves stability, and/or enhances overall bioavailability.

 

Grapefruit, which holds licenses in California and Illinois to manufacture and distribute cannabis products (see www.grapefruitblvd.com), has exclusivity initially in these two states and has certain rights to expand the territory of exclusivity to other states and to Canada and Mexico. Canada has a well-established legalized cannabis marketplace, and it is anticipated that Mexico will legalize cannabis in the near future.

 

Grapefruit plans to introduce Hourglass^™ on a limited basis to the California retail market by the end of the third quarter and to ramp up production and delivery of the product shortly thereafter. The architecture of the Hourglass^™ delivery cream provides Grapefruit with the ability to formulate variations of its Hourglass^™ product concept by loading the cream with unique blends of cannabinoids that its customers deem to be efficacious for a given application or desired result.

 

Scott Pancoast, Zylö’s CEO and founder, stated “We are enthusiastic about this partnership with Grapefruit and believe their Hourglass^™ Topical Delivery Cream will be a game-changer in the recreational/medicinal full-spectrum cannabis market given the extraordinary advantages over traditional methods of consuming cannabis. We look forward to a long and expanding relationship with the Grapefruit team.”

 

Added Bradley J. Yourist, Grapefruit’s CEO, “We are excited and proud to have completed the developmental phase of Hourglass^™, our breakthrough full-spectrum cannabinoid time-release topical delivery cream based on Zylö’s patented xerogel silica delivery system. We have developed an incredible collaborative working relationship with the Zylö team of scientists, which is evidenced by the scope of our agreement. We believe that Grapefruit’s Hourglass^™ topical delivery cream is a truly disruptive, breakthrough technology, one that fundamentally changes the way individuals will use cannabinoids to obtain their unique benefits. Destructive and socially distasteful smoking of cannabis flowers and consumption of edibles that are metabolized unevenly are simply no longer necessary to enjoy both the medicinal and recreational benefits of cannabinoids. Furthermore, Grapefruit’s Hourglass^™ Topical Delivery Cream offers cannabis users a heretofore unattainable level of discretion and anonymity. For example, fellow airline, train or ship passengers, concert goers, and movie or theatre attendees will not be able to detect any telltale odors normally associated with cannabis use.”

 

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

 

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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