Friday, May 07, 2021

#AIEye #Podcast 553: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $NICE) #artificialintelligence



 

#AIEye #Podcast 553: #Stocks discussed: (OTCPINK:  $GTCH) (NasdaqGS: $NICE) #artificialintelligence

 

GBT Begins Researching #AI-Powered External Device for Arterial Clogs and Tissue Imaging, and NICE Announces AI-Powered InterACT Solution for Contact Center Recording

 

Global #AI Market to Reach $309.6B by 2026

 

Point Roberts WA, Vancouver BC – May 7, 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/2021/050721-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2021/artificial-intelligence/05071GTCH-NICE.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:NICE)

 

GBT Technologies Inc. (OTC PINK:GTCH) has started researching an external device for arterial and tissue imaging based on its proprietary radio technology, combined with the company's robotic research. The research is part of the Hermes capsule research project, which “targets an intravenous mini-probe unit that travels within the artery, searching to find arterial clogs,” and is “based on radio waves-based imaging to produce a computerized 3D imaging for the operating physician,” according to the press release. Danny Rittman, GBT's CTO, explained:

 

“The system is intended to be able to differ between tissues, organs and clogging materials as well as identifying tumors, Cysts and other foreign objects. In addition, using the radio technology the system will be able to construct a 3D video imaging of the scanned areas. The probe will be able to be mounted on a robotic arm to hover above designated bodily areas or manually held for more specific area scans. The system will be using GBT's AI technology and we strongly believe that it has the potential to become a key apparatus within surgery rooms and clinics as a physician's "eyes" helping to save lives."

 

NICE Ltd. (NasdaqGS:NICE) has announced the launch of InterACT, described in the press release as a “new AI-powered recording solution,” that “automates end-to-end recording decisioning processes, dramatically reducing manual configurations, saving time and reducing human error.” Barry Cooper, President, NICE Workforce & Customer Experience Group, explained:

 

"InterACT redefines how organizations record contact center interactions. By using a cloud architecture, either in the cloud or on-premise, InterACT scales orders of magnitudes higher than anything previously in the market. By using AI, InterACT simplifies set up, allowing users to define what they want to record and automating how to do it. In short, InterACT powers agile, comprehensive recording for compliance and quality while paving the way to the cloud and CXone."

 

Global AI Market to Reach $309.6B by 2026

 

A report published by Markets and Markets finds that the global AI market will grow from $58.3 billion in 2021 to $309.6 billion by 2026 with a compound annual growth rate (CAGR) of 39.7 percent in that same forecast period. An excerpt from the report’s description outlines drivers in the market:

 

Today, AI, including computer vision and ML, is changing the landscape of the robotics industry. To stay ahead in a global market, businesses have started considering fully autonomous robots that can perceive, interact, and conceptualize the world around them. As industries begin to navigate this modern technological revolution, they have started looking for trusted and experienced technology partners. Deep learning models use artificial neural nets for processing large quantities of data, including images, texts, and sounds, for producing accurate results. AI-driven automation has proven useful in various applications across numerous industries, including the aviation, medical, agriculture, energy, and material handling markets. AI is being used not only to automate tasks but also to diagnose equipment malfunctions or detect product anomalies. For instance, within the aviation industry, AI and ML can be used to predict peak travel times, assist with passenger check-in, and automate routine maintenance tasks. AI is being used across the board to automate dangerous tasks, augment or replace skilled labor, and streamline operations. And yet, despite these advances, AI still cannot think abstractly or creatively. This means that there is a need for an ever-evolving workforce that is trained in robotics and advanced manufacturing.

 

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

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

The AI Eye-  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800 665 0411

 




Get more Technology stock investor ideas - news, articles, podcasts and stock directories

#CryptoCorner #Podcast 586: #Stocks discussed: (NYSE: $C) (TSXV: $BITF.V) (NasdaqGS: $BTBT)

 



 

 

 

#CryptoCorner #Podcast 586: #Stocks discussed: (NYSE: $C) (TSXV: $BITF.V) (NasdaqGS: $BTBT)

 

Citigroup Considering #Crypto, Bitfarms Purchases 6,600 Miners and is Approved for #Nasdaq Listing, and Bit Digital Announces Q1 Results

 

Point Roberts, WA, Delta BC May 7, 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/2021/050721-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/05071C-BITF-BTBT.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NYSE:C) (TSXV:BITF) (NasdaqGS:BTBT)

 

Cointelegraph reports that investment banking giant Citigroup, Inc. (NYSE:C), following rising demand from asset managers and hedge funds, is considering offering crypto-related services – specifically trading, financing and custody services – to clients. The bank’s global head of foreign exchange, Itay Tuchman, told the Financial Times today:

 

“We shouldn’t do anything that’s not safe and sound. We will jump in when we are confident that we can build something that benefits clients and that regulators can support.”

 

and that:

 

“I don’t have any FOMO [fear of missing out] because I believe that crypto is here to stay and that we are just at the very beginning of the market. This isn’t a space race. There is room for more than just one flag.”

 

Bitfarms Ltd. (TSXV:BITF) has announced the purchase of 6,600 new generation miners from Bitmain, a purchase representing 660 PH/s out of 1,053 PH/s of miners scheduled for delivery throughout the rest of this year. Irene Gao, Antminer Sales Director of NCSA Region, Bitmain, said:

 

“The additional 660 PH that will be added to their mining operations will solidify their presence in the mining space, further establishing Bitfarms as one of the leading mining companies in North America.”

 

And just today it was reported that Bitfarms’ application to list its common stock on the Nasdaq Global Market was approved by The Nasdaq Stock Market under the symbol “BITF”. Bitfarms CEO Emiliano Grodzki commented:

 

"The approval for listing on The Nasdaq Global Market® is an incredible achievement for Bitfarms and is the fruition of multiple years of work and dedication. Over the last four years we have managed to build and operate one of the largest Bitcoin [BTC] mining operations worldwide. It is fitting that we will be listing on one of the most prestigious exchanges in the world and significantly expand the market reach of our Company. We are very proud to have reached this important milestone for the Company and our shareholders. I would like to thank the team at Bitfarms, and all our advisers and professionals whose tireless efforts made this possible.”

 

Bit Digital, Inc. (NasdaqGS:BTBT) has revealed its unaudited financial results for the first quarter ended March 31, 2021. Highlights include $43.95 million in revenue from bitcoin mining, 1,013.40 bitcoins earned, and net earnings of $35.79 million.

 

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

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 Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

 

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android 

 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800-665-0411

 



Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories

 

 

New #Stocks to Watch at Investor Ideas in Technology (NasdaqGS: $SDH) (NYSE: $RAAS) (NasdaqGS: $BAOS), Biotech (CSE: $RYAH.C) and Green Energy (NasdaqCM: $CNEY)

 New #Stocks to Watch at Investor Ideas in Technology (NasdaqGS: $SDH) (NYSE: $RAAS) (NasdaqGS: $BAOS), Biotech (CSE: $RYAH.C) and Green Energy (NasdaqCM: $CNEY)

 

Also new stocks in Health & Wellness (CSE: $TAAT.C)(CSE: $PODA.C)


 

 

 

 


 

 

 

 

 

 

 

 

 

Point Roberts WA, Delta BC, May 7, 2021 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading retail investor and trader resource, announces its weekly roundup of stocks to watch in Tech, Biotech, Green Energy and Health & Wellness. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2021/main/05071Stocks.asp

 

The newest tech companies include new China stocks listed on Nasdaq/NYSE that are involved in cloud computing, mobile apps and internet advertising.

 

The latest biotech company is a life sciences company using tech, including AI for the plant-based medical industry.

 

The newest green energy company is involved in biomass in China while the latest Health & Wellness companies are involved in tobacco-free, healthier smoking products.

 

New Stocks added to Tech Stocks Directory:

Baosheng Media Group Holdings Ltd (NasdaqGS:BAOS) headquartered in Beijing, China, is an online marketing solution provider in China. The Company advises advertisers on online marketing strategies, offers value-added advertising optimization services and facilitates the deployment of online ads of various forms such as search ads, in-feed ads, mobile app ads and social media marketing ads. The Company is dedicated to helping its advertiser clients manage their online marketing activities with a view to achieving their business goals.

 

Cloopen Group Holding Ltd (NYSE:RAAS) is a leading multi-capability cloud-based communications solution provider in China offering a full suite of cloud-based communications solutions, covering communications platform as a service (CPaaS), cloud-based contact centers (cloud-based CC), and cloud-based unified communications and collaborations (cloud-based UC&C). The Company's mission is to enhance the daily communication experience and operational productivity for enterprises. The Company aspires to drive the transformation of enterprise communications industry by offering innovative marketing and operational tactics and SaaS-based tools.

 

Global Internet of People, Inc. (NasdaqGS:SDH) operates an online knowledge sharing and enterprise service platform, both online, via a mobile application “Shidonghui App” (the “APP”), and offline, through local offices in Beijing, Shanghai and Hangzhou, as well as 51 local centers operated by some of the Company’s members in 35 cities throughout the PRC. The main services SDH offers to App users are (1) Questions and Answers Sessions and (2) streaming of audio and video courses and programs. The offline services SDH offers to its members are study tours and forums

 

New Stocks added to Biotech Stocks Directory:

RYAH Group, Inc. (CSE:RYAH) is a company operating out of New York, which, directly and through its wholly-owned subsidiary RYAH Medtech Inc., is engaged in the development and commercialization of various innovative technology solutions (both software and hardware) for the plant-based medical industry. Since its formation, RYAH Group Inc. has been focused on leveraging its know-how in predictive analytics to pioneer products to be used within its suite of vertically-integrated technologies, to provide users with added control over their health and wellness. As an emerging company, RYAH Group, Inc. is striving to establish itself as a leader in delivering innovative, user-friendly IoT devices in the plant-based medical industry. By utilizing its know-how in fields such as artificial intelligence and predictive analytics, Potbotics is moving towards building a portfolio of vertically-integrated products that facilitate harmonized data collection throughout the complete medical plant lifecycle, from seed to consumption

 

New Stocks added to Green Stocks Directory:

CN ENERGY GROUP. INC. (NasdaqCM:CNEY) is a China-based manufacturer and supplier of wood-based activated carbon and a producer of biomass electricity. The Company also provides activated carbon related technical services. Its wood-based activated carbon is primarily used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production.

 

New Stocks added to Health & Wellness Stocks Directory:

TAAT Global Alternatives Inc.(CSE:TAAT) has developed TAAT™, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in "Original", "Smooth", and "Menthol" varieties. TAAT™'s base material is Beyond Tobacco™, a proprietary blend which undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with "Big Tobacco" pedigree, TAAT™ was launched first in the United States in Q4 2020 as the Company seeks to position itself in the $814 billion1 global tobacco industry.

 

Poda Lifestyle and Wellness Ltd. (CSE: PODA) is actively engaged in the global commercialization of HNB smoking products, which have the potential to reduce the risks associated with combustible smoking products. The Company has developed a patented HNB system that uses proprietary biodegradable single-use pods, which are both consumer and environmentally friendly. The innovative design of the Company’s HNB platform prevents cross-contamination between the heating devices and the pods, eliminating all cleaning requirements and providing users with the most convenient and enjoyable potentially-reduced-risk smoking experience. Poda Lifestyle’s HNB system is fully patented in Canada and is patent pending in 65 additional countries, covering over 70% of the global population. The Company’s Poda Pods are the first and only cigarettes to have a completely closed end. This exclusive design entirely eliminates all cleaning requirements and provides a truly ashless HNB cigarette. Poda Lifestyle’s fully-patented system is truly one of a kind and solves the major pain-point that ALL other HNB products suffer from: daily cleaning requirements. The Company’s flagship Beyond Burn™ Poda Pods contain a unique tobacco-free blend of pelletized tea leaves infused with synthetic nicotine, which provides adult smokers with a smoke-free alternative to their regular habit without sacrificing the satisfaction they are accustomed to. Beyond Burn™ Poda Pods have been expertly crafted to mimic the sensorial experience of traditional cigarettes without the smoke, without the smell, and without the tobacco.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

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 and press releases, research and our own original financial content. We were one of the first retail investor sites to cover renewable energy and cleantech stocks at investorideas.com and our domain Renewableenergystocks.com. We were also one of the most well- known and cited defense stock sites, featuring our domain Homelanddefensestocks.com at its peak.

We follow the money for investors as sector sentiment shifts and technology disrupts. Our mission is to provide investor ideas with breaking news, resources, industry articles and interviews with leading experts.      

 

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 CornerPlay by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate ChangeExploring Mining and the AI Eye.

 

Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.  

 

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

 

Learn more about our news, PR and social media, podcast and ticker tag services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

 

Learn more about advertising and guest posts

https://www.investorideas.com/Advertise/

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android  

 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800 665 0411

 


 


Thursday, May 06, 2021

Investor Ideas #Potcasts 560, #Cannabis News and #Stocks on the Move; (CSE: $XTRX.C), (TSXV: $MUSH.V), (NASDAQ: $SNDL), (CSE: $EASY.C). (CSE: $TRUL.C)

 



 

Investor Ideas #Potcasts 560, #Cannabis News and #Stocks on the Move; (CSE: $XTRX.C), (TSXV: $MUSH.V), (NASDAQ: $SNDL), (CSE: $EASY.C). (CSE: $TRUL.C)

 

Delta, Kelowna, BC, May 6, 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/2021/050621-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cannabis-potcasts/05061XTRX-MUSH-SNDL-EASY-TRUL.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.

 

Today’s podcast is sponsored by Phyto Extractions Inc. (CSE:XTRX), an agricultural-scale cannabis extraction, distillation and product manufacturer located in Langley, BC at its co-located Health Canada Licensed Standard Processing (extraction, no cultivation), Sales (extracts, topicals, and edibles) through Adastra Labs Inc. and Analytical Testing Laboratory through Chemia Analytics Inc. Adastra Labs also has a pending Health Canada R&D license amendment.

 

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

 

 

Sundial Growers Inc. (NASDAQ: SNDL) and Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHFannounced that they have entered into an arrangement agreement pursuant to which Sundial will acquire all of the issued and outstanding common shares of Inner Spirit for total consideration of approximately $131 million. The combined company will continue to focus on providing quality cannabis to consumers through a responsible and disciplined approach while creating enduring value for shareholders.

 

Under the terms of the Agreement, Inner Spirit's shareholders will receive, for each Inner Spirit common share held, (i) $0.30 in cash and (ii) 0.0835 of a Sundial common share (representing $0.09 per Inner Spirit common share based on the 10-day volume-weighted average price ("VWAP") of Sundial common shares on the Nasdaq Capital Market), for total consideration of $0.39 per Inner Spirit common share. The purchase price of $0.39 per Inner Spirit common share represents a premium of 54.8% to the 10-day VWAP of Inner Spirit common shares on the Canadian Securities Exchange (the "CSE") and a premium of 62.5% to the closing price of Inner Spirit common shares on the CSE on May 4, 2021. The Transaction has been unanimously approved by the Boards of Directors of Sundial and Inner Spirit and is expected to close early in the third quarter of 2021.

 

The Transaction is expected to provide modest synergies and economies of scale due to the different business models of Sundial and Inner Spirit.

 

"Sundial becomes a stronger and more diverse cannabis company by acquiring Inner Spirit and the Spiritleaf retail store network," said Zach George, Chief Executive Officer of Sundial. "Inner Spirit has successfully created a franchise-based retail network that has grown from coast to coast and offers a differentiated and premium in-store experience to consumers. Our shared Albertan roots and commitment to data-driven consumer insights make for an ideal partnership. Sundial's capital base will enable us to support continued expansion and deepen the capabilities of the Spiritleaf retail brand."

 

"Sundial is the ideal company to acquire Inner Spirit and support the future development of the Spiritleaf retail cannabis brand," said Darren Bondar, Founder, President and Chief Executive Officer of Inner Spirit. "The Sundial team has shown a strong commitment to our management team, franchise partners and employees as well as our growth ambitions. The combination will enable us to further expand our position as the country's leading retail cannabis brand for customers and communities and will open up new market opportunities to us. We're also very pleased Inner Spirit shareholders will be able to participate in our future success through an ongoing equity ownership."

 

In just over two years, the Spiritleaf retail network has grown to become Canada's largest single brand retailer with 86 stores operating in British Columbia, Alberta, Saskatchewan, Ontario, and Newfoundland and Labrador. Spiritleaf's franchised and corporate stores have created deep ties within their local communities and served 2.3 million guests in 2020. The retail brand has earned a reputation as a knowledgeable and trusted source of recreational cannabis while offering a premium consumer experience. Spiritleaf opened its 86th store on April 28, 2021 in Edmonton, Alberta and is projected to exceed the 100-store milestone in the summer of 2021.

 

SpeakEasy Cannabis Club Ltd. (CSE: EASY), a holder of a federal licence to cultivate, process and sell cannabis under the Cannabis Act announced it is 4 months into a 6-9 month application process to receiving its Narcotics Dealers License ("NDL") in-order to develop and standardize psilocybin cultivation.  A NDL licenced dealer may produce, assemble, sell, provide, transport, send, deliver, import or export a controlled drug (psilocybin) if they comply with the terms and conditions of their dealer's licence and any permit issued under the licence.

 

In early January this year, SpeakEasy began the application process for an NDL and a section of SpeakEasy's processing building has been earmarked as the location for the research and development area that would house a licence referred to as an NDL. The NDL allows research, development, purchase and sales among other activities of narcotics. SpeakEasy's intent is to acquire a full catalogue of psilocybin bearing mushroom genetics in-order to develop cultivation methods, standardize potency and develop extracted concentrated products in preparation and with the expectation of the legalization of psilocybin in the Canadian market. SpeakEasy expects to complete the extensive review process and receive its NDL later this year with the total licencing process taking between six and nine months.  Upon receipt, the Company intends to immediately begin the process of preparing for the anticipation of the legal market.

 

Founder Marc Geen states, "Agriculture has always been the core of SpeakEasy's business and psilocybin production is not much different. Commercial mushroom production is very similar to cannabis production, especially considering both are controlled substances and likely will fall under a similar set of regulations. We are in a great position to be able to be at the forefront of the growing psilocybin market and also apply SpeakEasy's farming knowledge to the production of magic mushrooms adding efficiency, high-quality production at an economical costs of production."

 

Compelling evidence of the therapeutic benefits of psychedelic drugs appears in multiple scientific studies. Several clinical trials are underway in the United States and worldwide to investigate the therapeutic effects of psilocybin, the active component in the fungi known as "magic mushrooms." There is new hope for treating debilitating disorders such as depression, anxiety, post-traumatic stress disorder, anorexia, obsessive-compulsive disorder, and addictions. Multiple efficacy studies going on around the world in areas that encompass life-disrupting psychiatric and neurological conditions such as major depressive disorder (MDD), addictions, and other mental illnesses. A successful outcome could completely upend treatment protocols(2).

 

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, announced the closing of the acquisition of Mountaineer Holding LLC.

 

Total transaction consideration was $6 million satisfied through the payment of $3 million in cash and by the issuance of 60,342 subordinate voting shares of the Company. Stock price was based on 10-day VWAP from the last trading day before signing.

 

Trulieve CEO Kim Rivers stated, "We are pleased to complete this transaction quickly as the addition of Mountaineer achieves a significant presence for us in West Virginia. Our teams have already been at work in the state and adding Mountaineer to our portfolio provides significant potential for depth and scale.  We look forward to serving West Virginia patients, and expect to be operational before the end of 2021."

 

As previously announced, the Mountaineer acquisition positions Trulieve for vertical operations in West Virginia. The Mountaineer business consists of a cultivation permit and two dispensary permits in West Virginia.  This transaction further extends and strengthens Trulieve's national expansion with the ability for a full-scale operation in a new medical marijuana state.

 

The Good Shroom Co Inc. (TSXV: MUSH), a Quebec based company that created and manufactures functional beverages under its two brands: Teonan® and Velada™, announced that it has entered into a private labelling agreement with Good Food Market Corporation pursuant to which it will manufacture and deliver three distinct functional beverages, starting this year.  TGSC's private labelling initiative is part of a two-pronged approach to solidify its position in the growing functional mushroom industry by focusing on building its own brands and by selling and supplying privately labelled products to other companies.

"This introductory order of 3,000 units will allow us to establish a relationship with Good Food and we expect, will lead to additional ongoing orders of at least 15,000 units per product in line with the terms of our two year contract." stated Eric Ronsse, the Chief Executive Officer, "In addition, with the recent cash injection that followed the completion of the Company's qualifying transaction, we expect to accelerate certain initiatives for both of the Company's mushroom-based beverage lines: the Teonan and the Velada brands. 

Functional mushrooms are packed with nutrients and for thousands of years, fungi were relied on for nourishment and their medicinal benefits.  In recent years, renewed interest by the scientific community led to numerous studies showing their overall health benefits and unsurprisingly, mushrooms are making an important comeback; the global functional mushroom market is expected to grow annually by 9% for the next three years and is expected to reach US$34B by 2024."

 


Once again, today’s podcast is sponsored by Phyto Extractions Inc. (CSE:XTRX), an agricultural-scale cannabis extraction, distillation and product manufacturer located in Langley, BC at its co-located Health Canada Licensed Standard Processing (extraction, no cultivation), Sales (extracts, topicals, and edibles) through Adastra Labs Inc. and Analytical Testing Laboratory through Chemia Analytics Inc. Adastra Labs also has a pending Health Canada R&D license amendment.

 

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

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.

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

 

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

 

Learn more about sponsoring this podcast or be a guest and our other branded content opportunities at Investorideas.com

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800 665 0411

 

 

 


Get more Cannabis Stock Investor Ideas – news, articles, podcasts and stock directory