Tulsa, OK - (NewMediaWire) - February 26, 2019 - Limitless Ventures Group, Inc. (OTC PINK: LVGI) announces today it is interviewing SEC Auditors to begin the process of becoming a fully reporting company, which moves LVGI one step closer to up-listing off the Pink Sheets. LVGI is simultaneously in discussions with a Brokerage firm to assist in fund-raising an initial amount of capital to cover this cost along with the costs of executing on our current business model of expanding in the Cannabis market, using alternative financing methods. Joseph Francella, CEO states, “This is one small step in the process but one large leap for LVGI and its shareholders.” LVGI is focused on making its wholly owned subsidiary, Summit Harbor Holdings, Inc. (SHHI) a fully diversified and vertically integrated Cannabis Company. SHHI President Devon Diaz and COO and Managing Director Matthew Habuda are reviewing current operations, seeking the next business opportunity and guiding SHHI and LVGI into the future in a big way.Through our process of locating a Brokerage firm that is willing to work with LVGI and fund us through alternative funding sources initially, LVGI has exceeded its original 30-day obligation to bring the agreed upon funds into the Company for THC². This deficiency has contractually caused THC²to notify us that we not in compliance and we now have a less than 30 business days to cure. Joseph Francella, CEO further states, “We are continually focused on bringing long term value into LVGI and creating a sustainable future for asset accumulation, revenue growth, profitability, and shareholder appreciation.” To that extent, LVGI is working with this Brokerage firm and in discussions with other alternative funding sources to capitalize all current and future projects.Forward-Looking Statements: This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.Joseph Francella 9186719935 joseph@lvginc.com
Tampa, FL - (NewMediaWire) - February 26, 2019 - B2Digital Incorporated (OTCMKTS: BTDG) announced today that the Colosseum Combat 48 LIVE Event held on Saturday February 23rd sold out and had the largest Colosseum Combat crowd to date.Colosseum Combat 48 had 9 amateur fights and 5 Professional fights for a total of 14 fights in front of the sold out crowd and the company recorded the highest revenue to date of any Colosseum Combat LIVE Event the company has held. The Event was broadcast LIVE online and through Social Media via PPV.B2Digital’s LIVE event technologies were in use and were used to digitally market and sell tickets online, through Social Media and the B2 Social Media Network. As in the last B2 Fighting Series Event, fans could purchase tickets directly on their iPhone, iPad or Android devices and pay for them with Apple Pay, Google Pay, Credit Cards or Cash and then show the electronic receipt at the door for entry into the event. Additionally, once inside the venue the fans could purchase Merchandise on their devices. All technologies deployed for the Event are part of the State of the Art B2 Marketing and Retail Digital technologies that were developed and are owned by the Company.“We have been working with the B2 Digital Group now for 18 months and we continue to grow our fan base and improve our relationships with our fighters and customers with the support that B2 Digital has supplied us in both knowledge and operations. This has been an excellent move for the Colosseum Combat organization and I am excited to continue working to develop and improve the B2 Fighting Series,” said, Mark Slater, CEO of Colosseum Combat.“We are rapidly rolling out our State of the Art Digital Technologies and our company is now running on a complete digital end to end technology and business system. The Colosseum Combat team embraced and operated the new Technologies flawlessly. We plan to deploy and effectively operate and improve our operations of our LIVE Events,” said, Greg P. Bell, Chairman & CEO of B2Digital.In other company news and events, although the Company and BTDG management does not consider the following as newsworthy events, the Company and BTDG management is providing this update to its fans, followers and shareholders. The Company has filed its financial results of its operations for the FY 2018-2019 through Q3. The company is pursuing its aspirations towards becoming a fully reporting company; as it takes its first steps towards reaching that objective with the goal of up listing to higher-level tiers of trading with OTC markets and working on becoming a full SEC Reporting Company. The company continues to be encouraged with the operational performance of its LIVE Event companies and Events, along with the large audience it has created with the B2 Social Media Network “B2SN” which surpassed 14 Million Social Media Connections to consumers in calendar year 2019. The Company continues to work on its strategy of Improving operations, acquiring additional Sports related companies and Growing the current B2 Digital business.The Company intends to release additional news and updates on a timely basis to its followers and shareholders. About B2Digital, IncorporatedWith extensive background in entertainment, television, video and technology, the Company is now forging ahead and becoming a full-service Live Event Sports Company. The Chairman and CEO of the company at the helm is Greg P. Bell. Capitalizing on the combination of his expertise, relationships and experience as well as his involvement with more than 40,000 LIVE events over his career for major sports leagues and entertainment venues, B2 Digital is in the process of developing and acquiring MMA and sports related companies to become a Premier Vertically Integrated LIVE Event Sports Company. B2's first strategy is to build an integrated Premier Development League for the MMA Mixed Martial Arts marketplace, which is a billion-dollar industry. B2 Digital will be creating and developing Development League champions that will move on to the MMA Major ...
MIRAMAR, FL - (NewMediaWire) - February 26, 2019 - Generex Biotechnology Corporation (www.generex.com) (OTCQB: GNBT) (http://www.otcmarkets.com/stock/GNBT/quote) today announced the following access information for its investor conference call, to be hosted by President & Chief Executive Officer Joseph Moscato, and his management team today February 26, at 11:00 AM Eastern time:Investors & persons of interest calling into event:Domestic US/Canada - 1-888-632-3385Direct Toll / International - 1-785-424-1673Conference ID - 85014The purpose of the call is to update investors on the previously announced and pending acquisitions that offer significant value to the Generex parent company. Joseph Moscato, Generex President & Chief Executive Officer, will discuss the company’s financing plans related to the acquisitions, as well as the strategic focus of Generex for 2019 and beyond. Topics for discussion include:Potential Acquisition of 13 Hospitals as well as Hospital IT and Management companyPotential Acquisition of World Class Nutraceutical CompanyPotential Acquisition of Home Delivered Medically Approved Foods Business for Chronic Care of diabetes, cancer, cardiovascular, and rheumatoid arthritis patientsAcquisition of Direct to Patient End to End Pharmacy BusinessUpdate on Fuse Medical AcquisitionUpdate on Medisource Partners AcquisitionUpdate on Pantheon AcquisitionUpdate on NuGenerex Immuno-Oncology (NGIO) dividend and Go Public StrategyAcquisition plans for NGIO Merger with Company with Synergistic PlatformsNGIO Acquisition of World Class IPDiscussion of financial and legal issueAbout Generex Biotechnology Corp.Generex Biotechnology is an integrated healthcare holding company with end-to-end solutions for patient centric care from rapid diagnosis through delivery of personalized therapies. Generex is building a new kind of healthcare company that extends beyond traditional models providing support to physicians in an MSO network, and ongoing relationships with patients to improve the patient experience and access to optimal care.In addition to advancing a legacy portfolio of immune-oncology assets, medical devices, and diagnostics, the Company is focused on an acquisition strategy of strategic businesses that complement existing assets and provide immediate sources of revenue and working capital. Recent acquisitions include a management services organization, a network of pharmacies, clinical laboratory, and medical device companies with new and approved products.Our newly formed, wholly-owned subsidiary, NuGenerex Distribution Solutions (NDS), integrates our MSO network with a pharmacy network, clinical diagnostic lab, durable medical equipment company (DME-IQ) and dedicated call center.Cautionary Note Regarding Forward-Looking StatementsThis release and oral statements made from time to time by Generex representatives in respect of the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "plan," "believes," "will," "achieve," "anticipate," "would," "should," "subject to" or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Forward-looking statements frequently are used in discussing potential product applications, potential collaborations, product development activities, clinical studies, regulatory submissions and approvals, and similar operating matters. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by Generex with the Securities and Exchange Commission, which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on ...
Pismo Beach, CA - (NewMediaWire) - February 26, 2019 - CBD Expo Tour 2019 produced by MACE Media Group, one of the nation’s largest diversified media and information companies in the cannabis space and publisher of Terpenes and Testing Magazine, announced today its key sponsors and the Official After Party for CBD Expo Tour MIDWEST in Indianapolis, Indiana to take place on March 15-16, 2019.Key sponsors for CBD Expo Tour MIDWEST include CBD Lion as the Headline Sponsor, CBD Health & Wellness Magazine as the Gold Sponsor, Blue Moon Hemp as the Silver Sponsor, and the following are the Bronze Sponsors: Softgel Co., Botanica Testing, and Natural Life CBD. Branding sponsors include MOX as the Lanyard Sponsor, Leap Payments as the Badge Sponsor, 3CHI as the Swag Bag Sponsor, The Lebermuth Company as the After Party Sponsor, and Cannisence as the Press Room Sponsor.“We are very excited to have leaders in the cannabis industry supporting CBD Expo MIDWEST at varying levels of sponsorship,” said Celeste Miranda, Founder and CEO of CBD Expo Tour and MACE Media Group. “It is important to us that we partner with brands that align with our vision for the CBD Expo Tour and that want to educate consumers about the benefits of CBD.”The official CBD Expo MIDWEST After Party and award ceremony will take place on Friday, March 15th from 7 PM to 10 PM. The award ceremony will feature 10 awards for CBD products that will be judged. Categories include Best CBD Vape, Best CBD Capsule, Best CBD Tincture, Best Topical Relief, Best Cosmetic Skincare and more.“The CBD Expo Tour after parties are a great way for all of the participating exhibitors to network and build a community,” said Celeste. “After multiple days of hard work, it’s important to remember to have a good time and celebrate.”Those who are interested in attending CBD Expo MIDWEST or finding more information about the 2019 tour can visit www.cbdexpo.net.About CBD Expo TourCBD Expo Tour is the first of its kind to bring the largest CBD event platform and broadcast products with the community and share knowledge with the industry. The events feature more than 70 exhibitors, along with a substantial lineup of speaker presentations and panel discussions from experts in the research, production, globalization, and sale of CBD products. The themes for CBD Expo MIDWEST are CBD 101, CBD Tools & Applications, Medical Advancements, and Industry Trends. CBD Expo Tour 2019 will be held in Indiana, Washington, Colorado, California, and Florida. Find out more at CBD Expo Tour or connect on social media: Facebook, Instagram, Twitter.About MACE Media GroupMACE Media Group publishes niched cannabis industry trade publications. Its first title, Terpenes and Testing Magazine, was the first industry trade publication devoted to cannabis science. Its newest publication, CBD Health & Wellness Magazine, revolves around the growing CBD industry to provide news on trending applications, medical research, and updates with laws and regulations. MACE also produces many trade events that attract dozens of cannabis and mainstream media journalists. Currently, MACE Media Group is producing a tour of CBD expos bringing together thousands of industry influencers, forming the most comprehensive CBD event in the United States. Find out more at www.MACEMediaGroup.comPublic Relations Contact: Kathleen Gonzales CMW Media (619) 368-2701
ANAHEIM, CA - (NewMediaWire) - February 26, 2019 - BioCorRx Inc. (OTCQB: BICX) (“Company”), a developer and provider of advanced solutions in the treatment of substance use disorders, announced today that it has engaged IRISYS, LLC, a contract pharmaceutical product development and manufacturing services company, for the development and manufacturing of BICX102, a multi-month sustained release naltrexone implant. The Company plans to conduct clinical trials and seek FDA approval for BICX102 as a treatment for opioid and alcohol use disorders.“We look forward to partnering with such a reputable partner as IRISYS to manufacture our naltrexone implant,” said Brady Granier, CEO and President of BioCorRx, Inc. “Having received the National Institute on Drug Abuse grant award last month and following a pre-IND meeting we had with the FDA last year, we are now in a position to begin the manufacturing and development process for our lead pharmaceutical candidate, BICX102. IRISYS brings valuable experience beyond manufacturing that should also contribute to our success as we move forward through the clinical and regulatory process for BICX102.”IRISYS was founded in 1996 to provide contract pharmaceutical product development and manufacturing services, specializing in formulation development, cGMP manufacturing of clinical trial materials and commercial pharmaceutical products, as well as strategic consulting related to the drug development process. IRISYS’ custom approach to drug development is supported by its scientific and regulatory experience in moving more than a hundred drug products from discovery to clinical development and commercialization. For more information about IRISYS, visit www.irisys.com. “IRISYS is pleased to contribute its expertise to the development of BICX102, which promises to be a significant factor in addiction recovery and we believe it will aid in the effort to combat the national opioid crisis,” stated Robert Giannini, Ph.D., CSO/CTO of IRISYS.According to the National Institute of Drug Abuse, more than 130 people in the United States die every day of an opioid overdose and the White House declared it a national Public Health Emergency on Oct. 26, 2017. The abuse and misuse of opioids has fostered a $1.4 billion opioid addiction treatment industry in the U.S., as of 2014, according to the Addiction Treatment Advisory Group's (ATAG) report.About BioCorRxBioCorRx Inc. (OTCQB: BICX) is an addiction treatment company offering a unique approach to the treatment of substance abuse addiction. The BioCorRx® Recovery Program, a non-addictive, medication-assisted treatment (MAT) program, consists of two main components. The first component of the program consists of an outpatient implant procedure performed by a licensed physician. The implant delivers the non-addictive medicine, naltrexone, an opioid antagonist that can significantly reduce physical cravings for alcohol and opioids, and can prevent opioid overdose following relapse. The second component of the program developed by BioCorRx Inc. is a Cognitive Behavioral Therapy (CBT) program tailored specifically for the treatment of alcoholism and other substance abuse addictions for those receiving long-term naltrexone treatment. The Company also conducts R&D under its controlled subsidiary, BioCorRx Pharmaceuticals. For more information on BICX and product pipeline, visit www.BioCorRx.com.Twitter: @BioCorRxIncLinkedIn: https://www.linkedin.com/company/biocorrx-inc/Facebook: @BioCorRxInstagram: @biocorrx_incSafe Harbor StatementThe information in this release includes forward-looking statements. These forward-looking statements generally are identified by the words "believe," "project," "estimate," "become," "plan," "will," and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties. Although the Company believes that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking ...
VAUGHAN, ONTARIO - (NewMediaWire) - February 26, 2019 - Comepay, Inc. (OTCPINK: CMPY) (“the Company”) is pleased to announce that its wholly owned subsidiary Chek-Online LLC, a leading manufacturer of fiscal cash registers in Russia, and developer of the family of Cassatka smart terminals, has again added increased functionality to its smart terminals by integrating merchant acquiring services from two large banks in Russia for its versatile handheld Cassatka-Mini terminal. Merchant acquiring services are services provided by the acquiring bank allowing users access to card networks (credit, debt and prepaid cards) enabling users to process payments and other transactions online.Chek-online plans to expand to several additional partner banks for trade acquiring for its Cassatka-Mini Smart terminal, however, the integration process has already been launched with two large banks based in Russia, VTB Bank and Otkritie FC Bank.VTB Bank and its financial group are one of the leading banks in Russia offering a wide range of banking services and products in Russia, CIS, Europe, Asia, Africa, and the U.S. [1] Otkritie FC Bank is one of the principal full-service banks in Russia and was the largest privately-owned bank in Russia before it came under the control of the Central Bank of the Russian Federation. Otkritie FC Bank currently has over 30,000 corporate clients and 165,000 small business clients. [2]Felix Naff, the President of Comepay Inc., commented, “With financial institutions making high demands on functionality, reliability and manufacturability of cash registers, this cooperation by each of VTB and Otkritie banks with Chek-Online to integrate merchant acquiring services in the Cassatka-Mini is a testament to the product’s superior design and utility. The Cassatka-Mini has proven to be a very dependable terminal for processing payments.”Under the compliance requirements of Russian taxation legislation, 54-FZ which requires businesses and individuals to now use federally compliant cash registers, including a fiscal chip for processing sales transactions, the terminal must successfully, and with limited errors, process payment transactions for Visa, MasterCard and MIR, as well as mobile payment options including Apple Pay and Google Pay.The Company expects that the Integration of the merchant acquiring under our partnership with VTB and Otkritie banks for the handheld Cassatka-Mini will enable Chek-Online to expand its customer network more rapidly with this product line, and to also attract additional partner banking relationships for our family of smart terminals.[1] https://en.wikipedia.org/wiki/VTB_Bank[2] https://sputniknews.com/russia/201708311056974076-otkritie-bank-outflowAbout ComepayThe Comepay group of companies including Comepay, RP Systems, M-NN LLC and Chek-Online have been operating for over 11 years providing internet acquiring services and support, facilitating instant payments and internet-based payment transactions via kiosks, mobile interfaces and web-based applications such as electronic wallets. The Company also leases and sells cash registers and Point of Sale (POS) systems, including its recently developed proprietary multifunctional smart POS fiscal cash register system. Combining proprietary software and equipment, Comepay processes over 10 million customer payments per month and presently has more than 10,000 kiosks across Russia. The companies are currently focusing their planned business expansion on their family of smart POS fiscal cash register systems called “Cassatka” in order to help businesses comply with newly released Russian taxation legislation, 54-FZ which requires a further 3 million businesses in fiscal 2019 to install new, federally compliant on-line cash registers. The Cassatka, Comepay’s family of multifunctional smart POS online fiscal cash registers can process payments and meet fiscal data storage requirements for participating businesses, including web-based businesses. The product line is convenient and a cost competitive solution for businesses to meet the ...
See Letter Attached Newport Beach, CA - (NewMediaWire) - February 26, 2019 - M Line Holdings, Inc. (OTC Pink: MLHC; "M Line" or the “Company”), has issued, by way of this press release and twitter, a letter to its shareholders.Tony Anish, CEO of M Line, commented: “We hope this letter will help you understand our future plans and how we will keep our shareholders informed. More news and information available for distribution soon.”About M Line Holdings, Inc.M Line is a Holding Company. It controls subsidiaries involved in the Beverage Branding and Distribution industry that includes our VEA™ and TORQUE® branded drinks. In addition, M Line controls two subsidiaries in Florida in the Food and Beverage distribution business and M Line has now expanded into the Cannabis Industry with the acquisition of our C-Pod manufacturing business. M Line owns three restaurants and an event center in Arizona and land for development. M Line will continue with its business financing activities while looking for other opportunities in the Beverage, Distribution, hospitality and Cannabis industries as well as other prospects that make sense to management.Safe Harbor and Informational StatementThis press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement is not a guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's statements and reports filed with the OTC Markets. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.SHAREHOLDER LETTER February 26, 2019To All the Shareholders of M Line Holdings, Inc. (“MLHC”),The purpose of our letter is to bring you up to date with the progress we have made with MLHC over the last six months and to give you more details about the Company and our future plans.Our plans included setting up quarterly strategic planning sessions for our management team where we could meet for two to three days. The idea of these planning sessions is to look at the current position of our group of companies and plan the near- and long-term future, updating forecasts, cash flows and strategies.In February, our key team from our subsidiaries flew into Orange County for our first quarterly management meeting to set the tone for the future of our Companies and plans for 2019.Our three-day meeting established the following:1. Core Values of the group which are:IntegrityTransparencyShareholder value driven2. The Core Focus for the Company:Vertically integrate all sub companies to obtain the greatest efficiencies to drive shareholder value.Building a great company, with great people and great results3. Establish goals for Year OneRevenues to exceed $15 million for the groupGet the Company fully reporting with two years audits and file a registration statementPay off as much old debt as possible using as little convertible funding as possibleFinalize new funding opportunities4. Establish our Five-Year TargetsWe are working on our five-year plans which will be used as a guide to future growth and opportunities 5. Corporate Marketing ...
Miami, FL - (NewMediaWire) - February 26, 2019 - 5BARz International (OTCQB: BARZ) (www.5BARz.com) (“5BARz” or “the Company”), a technology leader in the cellular network extender industry and smart Wi-Fi routers, is pleased to announce that our wholly owned subsidiary, 5BARz India Private Limited is expanding its business focus to include a software-based recurring revenue model, in addition to our hardware business, our patented 5BARz™ ‘DISCOVERY’ Network Extender and our state of the art 5BARz™ ‘ROVR’ Wi-Fi Router & Smart IoT Hub.The core business model involves collecting data insights from 5BARz ‘ROVR’ users then processing that data into meaningful insights and intelligence. Authorized digital marketing providers will be given access to this data through a secure, trustworthy marketplace. Blockchain technology will enable 5BARz to capture, secure and share this data with authorized marketplace participants. Not only will users control the amount and type of data shared, they will also participate in revenue generated from the marketplace in which their data is used.As previously reported, the company has a contract with a major Telco in India to provide 5 million 5BARz ROVR routers, which will complement their broadband rollout in India. With an average of 5 users per household and a projected unit install base of 5 million 5BARz ROVRs, this represents 25 million active users. “We have already installed over 2,000 routers and are looking forward to an aggressive rollout in 2019. We want 5BARz users to be able to better control the way they interact with businesses and the way businesses reach out to them,” stated Samartha Nagabhushanam, CEO of 5BARz India. “Throughout my career, I have been at the forefront of several mega trends that have transformed industries by utilizing state-of-art technology and innovative business models. I firmly believe that paying the consumer for their data insights, as well as utilizing blockchain technology, will transform the big data industry,” stated Gil Amelio, Chairman of 5BARz International. “Now that we have reached the inflection point of commercialization of our network extender and have designed the next generation in big data solutions utilizing our 5BARz ‘ROVR’ router, we are ready to start the next phase of deployment. Furthermore, we intend to dramatically increase our communication with our shareholders going forward in 2019 and beyond, as we actively move out of stealth development,” stated Daniel Bland, CEO of 5BARz International.About 5BARz India5BARz India Private Limited is one of India’s most promising technology start-ups that is well equipped to provide seamless connectivity solutions. 5BARz India is a part of 5BARz International Inc., a start-up that is delivering solutions for cellular and broadband network operators in providing clear, high quality signal and superior connectivity for their subscribers. 5BARz™ with its 2 state-of-the-art products, 5BARz™ ‘DISCOVERY’ Network Extender for cellular connectivity and the 5BARz™ ‘ROVR’ Wi-Fi Router & Smart IoT Hub for broadband connectivity is striving to solve the problem of in-home wireless connectivity. Due to the plug & play nature and zero installation cost, the 5BARz™ suite of products is emerging as the most attractive proposition in India. The ultra-portable 5BARz™ ‘DISCOVERY’ Network Extender incorporates a patented technology to create a high engineering based, single-piece, plug and play device that strengthens weak cellular signals by amplifying even the poorest cellular signals from 1 bar to 5 bars, ensuring uninterrupted connectivity at home and work.The 5BARz™ ‘ROVR’ Wi-Fi Router & Smart IoT Hub through its extensive innovations on delivering smart Wi-Fi at homes introduces a break through approach in providing uninterrupted and superior coverage and connectivity across home and work with a smart approach to broadband. Its IoT capabilities cater to all home safety and security.For further information about 5BARz International, Inc., visit www.5BARz.com. For further information on 5BARz ...
Seattle, WA - (NewMediaWire) - February 26, 2019 - CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9). The company has become well-known for its massive cannabis cultivation facility that’s being built in a former Kraft plant in Cobourg, Ontario, but investors should also take note of its investment in cutting-edge research and development, including delivery systems and cultivation techniques.Many cannabis companies have predictable business models—they grow and sell cannabis flower or perhaps extract them into edibles or vape pens. While most companies are focused on maximizing their production footprint, some companies have placed an additional focus on research and development. These investments could pay big dividends in the future if they prove to be breakthroughs in cannabis cultivation or delivery.New Delivery MethodsThe medical cannabis market could reach $55 billion by 2024, according to Global Market Insights, driven by growing demand to treat chronic pain caused by neurological disorders, cancer, HIV/AIDS, and arthritis. In addition, the increasing preference of cannabis over opioids could add significantly more upside over the coming years. The key is developing effective delivery systems for various target indications.FSD Pharma recently announced a $1.5 million strategic investment in and profit-sharing agreement with Pharmastrip Corp., developer of medical cannabis-infused oral thin film strips. Under the terms of the agreement, FSD will install Pharmastrip’s proprietary equipment at its Cobourg, Ontario facility and use the equipment to manufacture oral thin film strips and Pharmastrip will grant FSD an exclusive license to manufacture and sell in Canada.“FSD made this strategic investment because of the potential we see in alternative delivery methods for cannabis, such as Pharmastrip’s oral thin film strips,” said FSD Pharma Founder and President Zeeshan Saeed. “We expect the demand for alternative delivery methods for cannabis for both THC and CBD to increase as the market continues to develop. [We] look forward to beginning production once the necessary license has been granted.”New Production MethodsThousands of acres of cannabis are harvested each year across North America. With the legalization of medical and adult-use cannabis in Canada and certain U.S. states, these figures are poised to significantly expand over the coming years. The problem is that growing and harvesting cannabis plants is an energy intensive and expensive process—a process that some companies are hoping to short-circuit with new techniques.FSD Pharma recently announced a non-binding letter of intent with Solarvest BioEnergy Inc. to research the use of algal expression technology in developing pharmaceutical-grade cannabinoids. The company is already using algae to create omega-3 products for the nutraceutical industry, and the same approach could be used to develop cannabinoids in a much faster and more reliable process.“If successful, this could dramatically disrupt current cannabis cultivation methods for medical purposes,” said FSD Pharma President Zeeshan Saeed. “It could reduce the majority of time, space, and costs associated with cannabis cultivation for medical purposes, specifically cannabis with GMP Certification. We are very pleased to collaborate with Solarvest on the development of promising alternative methods of cannabinoid production.”Looking AheadFSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) continues to invest heavily in cutting-edge technologies that could revolutionize the way cannabis is grown and consumed. At the same time, the company continues to make progress in building its massive cannabis cultivation facility in Cobourg, Ontario, which could make it one of the largest licensed producers in Canada at full production.On February 19, the company announced that it received a Standard Processing License from Health ...
Seattle, WA - (NewMediaWire) - February 26, 2019 - CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing NexTech AR Solutions Inc. (CSE: NTAR) (OTC: NEXCF), and how the company’s augmented reality is transforming the fashion industry.The $2.4 trillion fashion industry has always been a hotbed for both aesthetic and technological innovation. With its relentless focus on innovation, it’s not surprising that the industry would be an early-adopter of augmented reality, or AR, technology, which revolutionizes the way that consumers interact with brands by seamlessly blending real-time surroundings with animated design.Three-quarters of Americans prefer augmented reality experiences over video content for shopping, gaming and entertainment, according to Vertebrae. While only 20 percent of consumers have experienced AR-powered shopping, the firm found that consumers overwhelmingly indicated that they would prefer to use AR technologies to help them with purchasing decisions.With limited adoption thus far in ecommerce, the unique AR experience enables fashion brands to showcase their forward looking principles, create a fun and interactive experience, and ultimately increase their ecommerce conversion rates and sales.Early Pioneers See SuccessesGap Inc. became one of the largest company to enter the AR space with Dressing Room. Using a Google Tango-enabled device, users can use the app to customize an avatar based on their body type and see how different pieces of clothing look at different angles. Customers can then purchase the clothing directly from the app, creating a seamless shopping experience that could help boost revenue.LVMH’s Sephora also introduced Virtual Artist in conjunction with ModiFace to let customers try on various makeup shades and combinations using their front-facing camera. The app has been downloaded by tens of millions of users and undoubtedly helped increase the company’s revenue. It also became one of the first AR apps to move outside of the clothing fashion space and into the beauty space.Finally, Wanna Kicks and Tenth Street Hats are two other examples of smaller companies using AR technology to let customers see how accessories would look before purchase. The latter company found that conversion rates increased by one-third when they introduced AR features, which underscores the potential that augmented reality solutions have within the rapidly growing ecommerce industry.Plug-and-Play for the MassesNexTech AR Solutions Inc. (CSE: NTAR) (OTC: NEXCF) recently launched its Try-It-On augmented reality experience to solve these problems. Using its patent-pending web-enabled AR ecommerce platform, fashion brands can provide a realistic experience that enables customers to see what they would look like wearing glasses, headwear, jewelry, and other products that appear above the shoulder.“One of the most significant pain points that remains in online retail for a consumer is the inability to try something on before they buy it,” says NexTech CEO Evan Gappelberg. “This often leads to frustration, the ordering of incorrectly sized items, and unnecessary returns that are costly to the retailer. NexTech's new Try-It-On AR technology eliminates the issue by enabling retailers to offer a virtual fitting room to their consumers.”Unlike many expensive app-only solutions, the company’s solutions are web-based and can be deployed with a few lines of embedded code within an existing ecommerce website. The company charges a low monthly subscription fee for the service, targeting thousands of small businesses that don’t have the budget or know-how to develop in-house AR technology—that’s a massive potential market for a plug-and-play solution.You can try out the new technology on NexTech’s demo website.Looking AheadThere’s no doubt that the fashion industry will continue to embrace augmented reality, particularly given the proven benefit on conversion rates. With more and more consumers ...
