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As More Companies Are Looking to Crypto-Futures, Bitcoin Mining Could Be Answer to Cutting Emissions

  • JP Morgan Chase & Co. announced growth in the cryptocurrency sector; is already using blockchain for collateral settlements for clients
  • An “Onyx by JP Morgan” lounge was recently opened in the metaverse – with the bank citing a trillion-dollar annual revenue opportunity
  • The bitcoin mining market was valued at $2285.4 million in 2021 and is expected to reach $5293.9 million by the end of 2028
  • HIVE Blockchain Technologies Ltd. is leading the way in bitcoin mining on a greener level – using hydroelectric technology for mining purposes
  • Research indicates that bitcoin mining could be used to reduce methane emissions as a whole throughw the use of bitcoin mining to combust leaking methane sources, lowering global emissions 5.32% by 2045
As technology advances, so do the capabilities of blockchain. Recently, JP Morgan Chase & Co. (NYSE: JPM) announced that as the crypto sector grows, it wants to ensure that it offers related services that support this growth. The banking company has already been using blockchain for collateral settlements – allowing clients to use a wider range of assets as collateral and trade outside of market operating hours. In addition to derivatives trading, repo trading, and securities lending, the company plans to expand on tokenized collateral, including equities, fixed income, and additional asset types. “What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” the company’s Global Head of Trading Services, Ben Challice, said (https://ibn.fm/iIWmo). Embracing the future, JP Morgan opened an “Onyx by JP Morgan” lounge in the metaverse. The bank has estimated that the metaverse will be a “trillion-dollar revenue opportunity” across advertising, social commerce, digital events, hardware, and developer/creator monetization. The bank has also replaced real estate with cryptocurrencies as a preferred asset class. Tyrone Lobban, Head of JP Morgan’s Blockchain Launch and Onyx Digital Assets, explained that as the sector grows, there will be a growing set of financial activities that happen on the public blockchain, “so we want to make sure that we are able to not only support that but also be ready to provide related services.” Another company looking to help drive cryptocurrency adoption, and in a sustainable way, is HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE), a green crypto mining company mining Bitcoin and Ethereum, using primarily clean and cheap hydroelectric power in Canada, Sweden, and Iceland. Companies like HIVE are creating a bridge between digital currency and blockchain, including the traditional capital markets. Global cryptocurrency mining is expanding, creating multiple opportunities for companies in the sector. According to Brandessence Market Research, the global cryptocurrency mining market was valued at $2285.4 million in 2021. Growing at a CAGR of 28.5%, the market is expected to reach $5293.9 million by the end of 2028. A primary factor driving growth across the globe is the increased demand for cryptocurrency (https://ibn.fm/Clh5n). One of the biggest concerns with bitcoin mining has been the impact on the environment. While some companies are looking to hydroelectric power, like HIVE, others are considering the benefits of bitcoin mining on methane’s impact on the environment. An ESG study on methane concluded that using bitcoin mining to combust leaking methane sources could potentially eliminate 5.32% of all global emissions by 2045. These numbers represent 23% of all global methane emissions – more than half of the UNEP’s targeted methane reduction by 45% by 2045. The study further stated that bitcoin mining has the potential to help avoid 0.15% of global warming by 2045 (https://ibn.fm/JkZVw).

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Poised to Execute Rapid Growth Strategy; Announces Acquisition of 50% Stake in Project Radius in Ontario

  • EverGen appears poised to deliver on its rapid growth strategy and solidify its market position within the RNG space
  • Company announced acquisition of 50% stake of Ontario’s Project Radius, following recently announced plans to acquire a 67% interest in Alberta-based GrowTec
  • Deal positions EverGen as leading RNG infrastructure platform in Canadian market
EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF), a company that develops, owns, and operates projects that convert organic waste into renewable natural gas (“RNG”), appears poised for rapid growth as the green energy market heats up. “We’re a young company, but we’re establishing ourselves very quickly as one of the leaders in the space – especially in Canada,” said in a recent interview Chase Edgelow, Co-Founder and CEO of EverGen (https://ibn.fm/WYPf0). The company has recently announced the acquisition of a 50% stake in Ontario’s Project Radius, a move that catapults EverGen into a whole new stratosphere of growth as the leading RNG infrastructure platform in its domicile Canadian market (https://ibn.fm/352PK). The company is forging ahead, eyeing opportunities to expand its market presence both internationally and in Canada. Poised to become a leading player in the burgeoning RNG space, EverGen aims to deliver on its aggressive growth strategy. Following the letter of intent to acquire a 67% interest in Alberta-based GrowTec that was announced in March, the company continues to eye compelling market opportunities to capitalize on the booming RNG market. EverGen announced that on May 20, 2022, it entered into definitive agreements with Northeast Renewables LP to acquire a 50% interest in Ontario-based Project Radius for a cash contribution of $1.5 million. As a result, EverGen now boasts a unique market position as the leading RNG infrastructure platform in Canada, with a presence in three of the four largest Canadian jurisdictions with plans to expand further. As a late-development-stage portfolio of three high-quality, on-farm RNG projects, Project Radius is in late-stage negotiations for feedstock supply with multiple aggregators, as well as offtake agreements with utility-scale distribution companies. The deal is expected to advance the projects to the Notice-to-Proceed development phase within the next six months. The investment, which represents 50% of the initial development funding tranche of $3.0 million, is financed from EverGen’s existing working capital and operating cash flow. “The acquisition of Project Radius provides a foothold in Ontario – a new and strategic jurisdiction in which EverGen can continue to participate in the consolidation and growth of the RNG industry in the near-term, as well as benefit from project economics in line with or exceeding those we have seen with our initial projects,” said Chase Edgelow, CEO of EverGen. The move comes against the backdrop of a rapidly expanding renewable energy market, with Canadian utilities increasingly keen to embrace the RNG energy trend. For example, in British Columbia, EverGen’s home jurisdiction, FortisBC leads the field with its 20-year contracted offtakes to companies like EverGen to supply green energy. Partnerships like this provide certainty for the company’s business, allowing it to continue to expand its project pipeline. For more information, visit the company’s website at www.EvergenInfra.com. NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

SPYR Inc. (SPYR) Seeks to Build Shareholder Value Through IoT Ecosystem Acquisitions, Router Product Development

  • Internet of Things (“IoT”) technology holding company SPYR Inc. is invested in developing Apple(TM) ecosystem-focused products through its subsidiary Applied Magix — some as own-brand accessories and others as white label items for the Apple HomeKit(TM) market
  • Applied Magix recently announced it is evaluating the potential of developing HomeKit Secure Routers to strengthen its overall product offerings
  • Applied Magix is contemplating the expansion of its product distribution to international markets as well, beginning with Hong Kong, where it has a representative office
  • SPYR is also looking for ways to expand the holding company, commencing with preliminary talks on the acquisition of a proprietary lighting technologies developer and a proprietary high-value asset tracking technologies developer
Two years after Singapore launched a national Cybersecurity Labelling Scheme that helps buyers gauge how secure smart devices are against cyber risks, a growing number of company product applications demonstrates the importance consumers are placing on security for their growing cache of Internet of Things (“IoT”) innovations (https://ibn.fm/SMg9B). The government program is also attracting international attention as agencies worldwide continue to see their oversight of modern technology security evolve. A draft report by the U.S. Department of Commerce’s National Institute of Standards and Technology analyzed diverse approaches to cybersecurity for IoT devices as remote-work corporate strategies increased during the pandemic, noting that consumer sources for product confidence range from reports of other users’ experiences to reporting by consumer groups, manufacturer-generated labels and hopes that the government will regulate the accuracy of those labels (https://ibn.fm/5OfBy). Wireless routers serve as a fundamental building block of home and business networks, and a compromised router represents a major security problem because it can provide a gateway for malware to breach a network. IoT technology developer SPYR (OTCQB: SPYR) is devoted to building an ecosystem of Apple-compatible products through its subsidiary Applied Magix, establishing white label products and accessories for the Apple HomeKit(TM) market in addition to its own-brand products. Acknowledging the importance of router security for smart home IoT products, Applied Magix announced recently that it is considering developing HomeKit Secure Routers — evaluating various router products to use as the foundation for a branded HomeKit Secure Router, but also looking at the possibilities of reselling “best-of-breed OEM products until then,” as Applied Magix CEO Harald Zink stated in the announcement (https://ibn.fm/2HMYS). “This is the sort of forward thinking that I have come to expect from Applied Magix,” SPYR Technologies CEO Tim Matula added. “Applied Magix has quickly become the foundation on which SPYR can rely to develop and deliver essential smart home products to a hungry market.” Applied Magix is ambitious about expanding its operations to international markets. The company has a representative office in Hong Kong and is evaluating opportunities to expand the reach of its smart home and connected car products to Latin America, Central Europe and Thailand. As part of its growth strategy for 2022, SPYR is also in preliminary discussions with a popular industrial lighting developer and an asset tracking software-hardware platform developer that serves the construction, agriculture, asset management, police, defense, energy and cold-chain industries — both of which have been identified as potential acquisition targets that would boost SPYR’s IoT division and have a positive effect on its holdings. “Over the past year, we have been actively exploring expansion of the holding company for the benefit of our shareholders, and I believe these two opportunities are very attractive and will, assuming we complete the acquisitions, contribute to the overall business development and profitability of the Company for the benefit of our shareholders,” Matula stated (https://ibn.fm/wPAkE). For more information, visit the company’s website at www.Spyr.com. NOTE TO INVESTORS: The latest news and updates relating to SPYR are available in the company’s newsroom at https://ibn.fm/SPYR

How The Bitcoin Mining Community Comes Together

Bitcoin miners are an important yet often overlooked section of the cryptocurrency community. While people like Michael Saylor or Jack Dorsey grab the headlines, Bitcoin miners are in the background, securing a network that processes billions of dollars in value annually. As mining plays a key role in Bitcoin, it is important to have an avenue for professionals to interact and discuss industry-related issues. Not only does this foster a sense of community, but it promotes cross-pollination of ideas and innovation in the Bitcoin mining industry. However, Bitcoin miners have often lacked the opportunity to interact with colleagues and industry players. Not that this is surprising; cryptocurrency—and cryptocurrency mining itself—is still a nascent industry. Fortunately, things are better now—with events like the Mining Disrupt Conference bringing together members of the Bitcoin mining collective to discuss, share ideas, and learn from each other. Started in 2018, Mining Disrupt has become the mining industry’s premier event, drawing a diverse group of people from all over the world. How It All Started In the early days, Bitcoin mining was something of a hobby for computer geeks or random people excited by the prospect of “magic Internet money.” Enough that someone (infamously)paid for a pizza with 10,000 BTC. But, with the 2017 bull run, and the subsequent increase in Bitcoin’s valuation, mining became a red-hot sector. For instance, Bitmain (one of the earliest providers of Bitcoin mining hardware) made between $3 to $4 billion in profits in 2017 alone—thanks to growing interest in Bitcoin mining operations. With the growing expansion of Bitcoin mining, miner collectives started popping up everywhere. One of them was the Blockchain Miners Group, an online community for miners created by Michael Cruz early in 2017, before the first bull run of that year. Hosted on the Telegram social network, the Blockchain Miners Group was among the first all-miner online communities. There, members from different parts of the world could interact with colleagues, share tips, and have insightful discussions about the industry. As Bitcoin mining continued to attract new entrants, the Blockchain Miners Group expanded its size. Soon enough, its members called for more IRL interaction, leading to talk of a conference for Bitcoin miners. Thus, the Mining Disrupt conference was born. Building the World’s Biggest Bitcoin Mining Meetup Bitcoin mining is one of the world’s least-understood professions. To many, miners are nothing more than individuals burning ridiculous amounts of energy to “win new bitcoins.” In fact, it wouldn’t be a stretch to say miners are the most-vilified section of the crypto industry. But the average Bitcoin miner is no different from any other worker. They have an important job: processing transactions and securing the Bitcoin blockchain. With Bitcoin’s average daily transaction volume entering millions, miners are an indispensable part of the Bitcoin network. [Image source] Every profession needs a platform for members to meet and interact. More importantly, professional meetups are where innovations, tools, and groundbreaking insights are shared. The Mining Disrupt Conference arose out of a need to have greater synergy between blockchain miners. Previous attempts at coordinating IRL miner meetups had faced difficulties, particularly because Bitcoin mining is a highly mobile industry and miners are often spread across different parts of the world. However, Mining Disrupt benefited from a visionary team and succeeded in its goal of bringing the Bitcoin mining community together. The first conference, held in 2018, was a massive success with thousands of investors, vendors, and professional miners in attendance. From the start, Mining Disrupt aimed to provide maximum value to attendees. The conference hosted key players, including power grid suppliers, renewable energy providers, and manufacturers of mining hardware, such as GPUs and ASICs. It also welcomed innovators and disruptors sharing novel insights to make the Bitcoin network more secure. From its humble origins, Mining Disrupt has grown to become the world’s largest B2B Bitcoinmining conference and expo. Every year, thousands of professionals and companies in theBitcoin mining industry meet in a massive convention center and discuss the state of theindustry. No other group has benefited more from Mining Disrupt than the miners who the event was created to serve. With access to exhibitions, keynote speeches, and group interactions, mining professionals leave each conference better than they arrived. Other players, like mining equipment providers, have also benefited. With the chance to display cutting-edge technology to arguably the world’s largest all-miner audience, companies have been able to increase their reach and drive conversions. Announcing Mining Disrupt 2022 The Bitcoin mining landscape has changed considerably since the early days. For example, the19th million bitcoin was recently mined, a development with great implications for the future of the world’s largest cryptocurrency. Then there’s the “Change The Code” campaign, a movement backed by Ripple, hoping to switch Bitcoin from proof-of-work consensus to proof-of-stake. Increasing regulatory pressure is also cause for concern(China banned Bitcoin mining late last year). More than ever, the Bitcoin mining community needs to meet and discuss current challenges as well as future opportunities. This makes the 2022 Mining Disrupt conference, which will run between July 26-28 at the Miami Airport Convention Center in Miami, a must-attend for everyone in the cryptocurrency mining industry. As usual, Mining Disrupt will feature the best of the Bitcoin mining community. Moreover, this year’s edition counts JSBit as sponsors and plans to host thousands of attendees, investors, and vendors. The team behind Mining Disrupt has gone to great lengths to make this year’s edition better than previous ones. With new additions, like an ASIC Museum and a new Whale Guest Pass, Mining Disrupt 2022 promises to give attendees maximum value. Who Should Attend the Mining Disrupt Conference? If you’re a Bitcoin miner, then attending the Mining Disrupt conference is a no-brainer. You’d be hard-pressed to find any other opportunity to connect with the Bitcoin mining community other than this. Not only will you benefit from expert talks, but interacting with experienced Bitcoin miners can get you started on the right path. As one of last year’s attendees put it: “Everyone you should be talking with, as a miner, is here.” Perhaps you’re nursing an interest in starting a mining operation, but want to test the waters first. Attending the conference will expose you to the realities of mining and give you the information you need to start. You’ll also benefit from interacting with the world’s best mining tooling companies exhibiting at Mining Disrupt. And if you don’t fall into any of these categories? You’re still welcome! Mining Disrupt is a place to learn about Bitcoin mining from professionals with skin in the game, not armchair experts. If you’re a Bitcoin enthusiast looking to understand how mining sustains the Bitcoin network, here’s your chance. Companies involved in the Bitcoin mining industry will find the Mining Disrupt conferencetailored to their needs. The organizers have created a series of affordable exhibition options fororganizations of different sizes. Does your company have a new solution you think the Bitcoin mining industry needs? This is your chance to get it across to the right audience. Head over to the official Mining Disrupt website to buy your tickets and find more details about our exhibitions! Bottom Line The Bitcoin mining community is a close-knit collective, with everyone ready to help the other. If you’re new to the industry or a veteran looking to connect with colleagues, consider joining the Blockchain Miners Group. We have resources for you to help ease your journey into the amazing world of cryptocurrency mining. Besides earning money, you can be part of a new movement to create a fairer monetary system for all.

How The Bitcoin Mining Community Comes Together

Bitcoin miners are an important yet often overlooked section of the cryptocurrency community. While people like Michael Saylor or Jack Dorsey grab the headlines, Bitcoin miners are in the background, securing a network that processes billions of dollars in value annually. As mining plays a key role in Bitcoin, it is important to have an avenue for professionals to interact and discuss industry-related issues. Not only does this foster a sense of community, but it promotes cross-pollination of ideas and innovation in the Bitcoin mining industry. However, Bitcoin miners have often lacked the opportunity to interact with colleagues and industry players. Not that this is surprising; cryptocurrency—and cryptocurrency mining itself—is still a nascent industry. Fortunately, things are better now—with events like the Mining Disrupt Conference bringing together members of the Bitcoin mining collective to discuss, share ideas, and learn from each other. Started in 2018, Mining Disrupt has become the mining industry’s premier event, drawing a diverse group of people from all over the world. How It All Started In the early days, Bitcoin mining was something of a hobby for computer geeks or random people excited by the prospect of “magic Internet money.” Enough that someone (infamously)paid for a pizza with 10,000 BTC. But, with the 2017 bull run, and the subsequent increase in Bitcoin’s valuation, mining became a red-hot sector. For instance, Bitmain (one of the earliest providers of Bitcoin mining hardware) made between $3 to $4 billion in profits in 2017 alone—thanks to growing interest in Bitcoin mining operations. With the growing expansion of Bitcoin mining, miner collectives started popping up everywhere. One of them was the Blockchain Miners Group, an online community for miners created by Michael Cruz early in 2017, before the first bull run of that year. Hosted on the Telegram social network, the Blockchain Miners Group was among the first all-miner online communities. There, members from different parts of the world could interact with colleagues, share tips, and have insightful discussions about the industry. As Bitcoin mining continued to attract new entrants, the Blockchain Miners Group expanded its size. Soon enough, its members called for more IRL interaction, leading to talk of a conference for Bitcoin miners. Thus, the Mining Disrupt conference was born. Building the World’s Biggest Bitcoin Mining Meetup Bitcoin mining is one of the world’s least-understood professions. To many, miners are nothing more than individuals burning ridiculous amounts of energy to “win new bitcoins.” In fact, it wouldn’t be a stretch to say miners are the most-vilified section of the crypto industry. But the average Bitcoin miner is no different from any other worker. They have an important job: processing transactions and securing the Bitcoin blockchain. With Bitcoin’s average daily transaction volume entering millions, miners are an indispensable part of the Bitcoin network. [Image source] Every profession needs a platform for members to meet and interact. More importantly, professional meetups are where innovations, tools, and groundbreaking insights are shared. The Mining Disrupt Conference arose out of a need to have greater synergy between blockchain miners. Previous attempts at coordinating IRL miner meetups had faced difficulties, particularly because Bitcoin mining is a highly mobile industry and miners are often spread across different parts of the world. However, Mining Disrupt benefited from a visionary team and succeeded in its goal of bringing the Bitcoin mining community together. The first conference, held in 2018, was a massive success with thousands of investors, vendors, and professional miners in attendance. From the start, Mining Disrupt aimed to provide maximum value to attendees. The conference hosted key players, including power grid suppliers, renewable energy providers, and manufacturers of mining hardware, such as GPUs and ASICs. It also welcomed innovators and disruptors sharing novel insights to make the Bitcoin network more secure. From its humble origins, Mining Disrupt has grown to become the world’s largest B2B Bitcoinmining conference and expo. Every year, thousands of professionals and companies in theBitcoin mining industry meet in a massive convention center and discuss the state of theindustry. No other group has benefited more from Mining Disrupt than the miners who the event was created to serve. With access to exhibitions, keynote speeches, and group interactions, mining professionals leave each conference better than they arrived. Other players, like mining equipment providers, have also benefited. With the chance to display cutting-edge technology to arguably the world’s largest all-miner audience, companies have been able to increase their reach and drive conversions. Announcing Mining Disrupt 2022 The Bitcoin mining landscape has changed considerably since the early days. For example, the19th million bitcoin was recently mined, a development with great implications for the future of the world’s largest cryptocurrency. Then there’s the “Change The Code” campaign, a movement backed by Ripple, hoping to switch Bitcoin from proof-of-work consensus to proof-of-stake. Increasing regulatory pressure is also cause for concern(China banned Bitcoin mining late last year). More than ever, the Bitcoin mining community needs to meet and discuss current challenges as well as future opportunities. This makes the 2022 Mining Disrupt conference, which will run between July 26-28 at the Miami Airport Convention Center in Miami, a must-attend for everyone in the cryptocurrency mining industry. As usual, Mining Disrupt will feature the best of the Bitcoin mining community. Moreover, this year’s edition counts JSBit as sponsors and plans to host thousands of attendees, investors, and vendors. The team behind Mining Disrupt has gone to great lengths to make this year’s edition better than previous ones. With new additions, like an ASIC Museum and a new Whale Guest Pass, Mining Disrupt 2022 promises to give attendees maximum value. Who Should Attend the Mining Disrupt Conference? If you’re a Bitcoin miner, then attending the Mining Disrupt conference is a no-brainer. You’d be hard-pressed to find any other opportunity to connect with the Bitcoin mining community other than this. Not only will you benefit from expert talks, but interacting with experienced Bitcoin miners can get you started on the right path. As one of last year’s attendees put it: “Everyone you should be talking with, as a miner, is here.” Perhaps you’re nursing an interest in starting a mining operation, but want to test the waters first. Attending the conference will expose you to the realities of mining and give you the information you need to start. You’ll also benefit from interacting with the world’s best mining tooling companies exhibiting at Mining Disrupt. And if you don’t fall into any of these categories? You’re still welcome! Mining Disrupt is a place to learn about Bitcoin mining from professionals with skin in the game, not armchair experts. If you’re a Bitcoin enthusiast looking to understand how mining sustains the Bitcoin network, here’s your chance. Companies involved in the Bitcoin mining industry will find the Mining Disrupt conferencetailored to their needs. The organizers have created a series of affordable exhibition options fororganizations of different sizes. Does your company have a new solution you think the Bitcoin mining industry needs? This is your chance to get it across to the right audience. Head over to the official Mining Disrupt website to buy your tickets and find more details about our exhibitions! Bottom Line The Bitcoin mining community is a close-knit collective, with everyone ready to help the other. If you’re new to the industry or a veteran looking to connect with colleagues, consider joining the Blockchain Miners Group. We have resources for you to help ease your journey into the amazing world of cryptocurrency mining. Besides earning money, you can be part of a new movement to create a fairer monetary system for all.

CWCB Expo Arrives in New York To Offer Greater Networking and Business Opportunities In The Cannabis Sector

CWCBExpo is a leading B2B marketplace for networking within the cannabis community. Become a part of the interactive educational sessions, hold unique product displays, participate in panel discussions, and seek the phenomenal opportunities offered by the CWCB platform. The conference is being held on June 2-4, 2022 as an in-person event for the hemp and cannabis business community in New York. From discovering the more creative products being showcased to making launch announcements, the CWCBExpo is the center place of all cannabis business. Industry thought leaders and eminent personas of the cannabis arena from New York and around the globe will be gracing the event with their presence. They will share their insights and valuable suggestions that will pave the way for the future of the cannabis business. The event will also host a spectacular assembly of speakers who will discuss all the important aspects of the cannabis spectrum ranging from regulations to the medical and adult use of cannabis. The line-up of speakers consists of influential personalities namely:
  • Tremaine Wright is the Chairwoman of the New York State Cannabis Control Board and a former member of the New York State Assembly. She looks into the regulatory and tax policies regarding medical and adult-use cannabis in New York State.
  • Gia Morón is the President of Women Grow and the Founder and CEO of GMV Communications. She supervises the company’s operations and strategic partnerships.
  • New York City Mayor Eric Adams Delivering a Keynote Address
Some important topics at the conference:
  • Trends and opportunities in the cannabis and hemp industries
  • Latest marijuana and hemp investment trends that get the attention of Wall Street
  • Discussion with experts about the infused, edibles and the consumer packaged goods sector
  • Discussions by dispensary owners, retailers, and designers about owning and maintaining a dispensary
  • Licensing & The Illicit Market
  • Challenges of getting into the cannabis and hemp business and being successful
Attendees can meet the experts and leading exhibitors to interact and foster business ties with each other. The workshop and conference program being held at the Expo are knowledge houses to impart essential information and news about the cannabis industry. The thought leadership hosts will be sharing the stage along with some distinguished cannabis experts. They will cover essential topics like Investing and Industry Progress, Policy and Legislation, Cannabis and Lifestyle, for the three days subsequently. To learn more, please visit https://cwcbexpo.com/.

With a Focus on Accountability, Prime Harvest Inc. Continues to Grow as a Leader in California’s Cannabis Industry

  • Prime Harvest is a California-based tech-driven full-service cannabis corporation focused on direct-to-consumer operations, licensing acquisition, compliance management, and state-wide delivery
  • Prime Harvest fuses integrity into operations, dedicated to redefining the customer experience, being a force for good within the communities they serve, while building a valuable enterprise
  • Member of Community Alliance Program (“CAP”), supports education, arts initiatives, and military veteran organizations in local Southern California
  • Company launched Jaxx Cannabis in 2019, sales increased by 34% in early 2020, hit record 63% gross margin in Q1-2020
From its humble beginnings in 2017 as a cannabis producer in San Diego, Prime Harvest, a technology-driven full-service cannabis corporation, has risen to prominence as a leader in California’s cannabis industry while focusing on enhancing the customer experience, diversity, and giving back to the community. Prime Cannabis is horizontally diversified across the entire cannabis value chain with business activities focused on direct-to-consumer operations, licensing acquisition, compliance management, and state-wide delivery. The company continues to expand its footprint throughout California with a proven long-term strategy of investing in the growth and scale of licensed assets while leveraging the power of data-driven technology across its operations. At the same time, Prime Cannabis focuses on community, the environment, and promoting diversity throughout the organization. Led by a team of reputable experts in their respective fields, the company dedicates activities to setting new operational standards that emphasize sustainability, accountability, and community. As a proud member of the Community Alliance Program (“CAP”), Prime Harvest supports efforts to improve education, provide resources for military veterans, and promote the arts for children and adults in local communities. As an advocate of cannabis access for medical patients, CAP also leads educational initiatives to help explore the healing attributes of cannabis to treat epilepsy, Post-Traumatic Stress Disorder (“PTSD”), cancer, Chronic Traumatic Encephalopathy (“CTE”), chronic pain, and autism. Since its early beginnings in 2017 as the “Olive Tree Wellness Center” – a patient association serving the San Diego community – Prime Harvest has provided compliant, first-in-class cannabis products and experiences. Hampered by early legislation limitations that impacted San Diego operations, the company spun its strategy to overcome these challenges and maximize the opportunities that came with operating within the particularly conservative and underserved market. As a result, Prime Harvest rebuilt its operations and launched Jaxx Cannabis – its flagship brand and dispensary. Jaxx Cannabis enjoyed immediate success, particularly as a result of coronavirus mandates that permitted cannabis dispensaries to remain open. As a result, Jaxx Cannabis drove substantial company growth throughout 2020, providing evidence that the industry is resilient to recessions and economic downturns. Sales increased by 34% at the start of 2020, hitting a record 63% in gross margin by the first quarter (https://ibn.fm/Mv7eq). Prime Harvest is favorably positioned as a leader in California’s cannabis industry, backed by a strong business strategy and anchored by its commitment to community, diversity, and becoming California’s preferred cannabis retailer. The company’s commitment to accountability is fused throughout its operations as it strives to continue growing financially and providing shareholder value. For more information, visit the company’s website at www.PrimeHarvestInc.com. NOTE TO INVESTORS: The latest news and updates relating to Prime Harvest are available in the company’s newsroom at https://ibn.fm/PRIME

Kronos Advanced Technologies Inc. (KNOS) Committed to Providing Best Protection, Best Technology Amid Lingering Pandemic

  • WHO director-general warns COVID-19 is “most certainly not over”
  • KNOS building reputation for effective, advanced, state-of-the-art air filtration and purification systems
  • Company also offers Kronos(R)-designed graphene N95 face masks made in U.S. at NIOSH-certified facility
While mask mandates have been lifted and life appears to be returning to normal in many places around the world, the COVID-19 pandemic is “most certainly not over,” reported Tedros Adhanom Ghebreyesus, director-general of the World Health Organization (https://ibn.fm/8YfkT). The need for continued vigilance has spurred many companies, including Kronos Advanced Technologies (OTC: KNOS), that are working to provide people with protection against the deadly virus and its variants. The warning came, reported U.S. News & World Report, “despite a decline in reported cases since the peak of the omicron wave. [Tedros] told governments that ‘we lower our guard at our peril.’” The report noted that the head of WHO, while opening the organization’s annual meeting in Geneva, said “that ‘declining testing and sequencing means we are blinding ourselves to the evolution of the virus.’ He also noted that almost 1 billion people in lower-income countries still haven’t been vaccinated.” In a weekly report on the global situation, “WHO said the number of new COVID-19 cases appears to have stabilized after weeks of decline since late March, while the overall number of weekly deaths dropped,” the article continued. “While there has been progress, with 60% of the world’s population vaccinated, ‘it’s not over anywhere until it’s over everywhere,’ Tedros said. ‘Reported cases are increasing in almost 70 countries in all regions, and this in a world in which testing rates have plummeted.’” Kronos Advanced Technologies has built a reputation for offering some of the most effective, advanced, state-of-the-art air filtration and purification systems available. The proprietary Kronos(R) systems fully remove harmful allergens, bacteria, viruses (including the flu) and even gasses from indoor breathing spaces, including healthcare and other settings. In addition to air filtration systems, Kronos also offers Kronos(R)-designed graphene N95-compatible face masks made in the United States at a NIOSH-certified facility (https://ibn.fm/vaA5J). Kronos recently announced test results from Nelson Labs demonstrating significantly enhanced bacterial filtration efficiency (“BFE”) and viral filtration efficiency (“VFE”). According to the update, Kronos’ designed and U.S.-manufactured 5-ply graphene face masks remove 99.9% of bacteria and virus particles, compared to the common and far less efficacious ASTM level 3 mask. The company believes that, with BFE and VFE levels over 99.9%, these are the highest filtration efficiency numbers for any face masks in the market. “Our goal is to provide the best available protective face masks on the market for those in higher-exposure risk environments, with the best technology available,” said Kronos CEO Michael Rubinov (https://ibn.fm/A1xB2). “Our Kronos graphene technology achieves this not only as of the highest protection properties but also by completely reducing the number of viable bacteria and virus particles that are able to pass through the mask materials to zero.” Kronos’ patented medical-grade technology is tested as the most-effective, clean-air solution on the market. Kronos filters particles down to .0146 micron (.0146μm), much smaller than the 3 microns (0.3μm) of a traditional HEPA filter. Kronos not only collects but destroys air pollutants; the company’s Kronos AIR 5G(R) Air Purifiers use about 30,000 volts inside to actively destroy 99.99% of all airborne bacteria, mold, and virus particles. The Kronos face mask is the only five-ply graphene mask made in the United States. Kronos Advanced Technologies is exploring broad ranges of additional markets for standalone and embedded Kronos CORE technology-based devices, including schools, universities, healthcare facilities, operating rooms, manufacturing clean rooms, and automobiles and commercial aircraft cabins. For more information, visit the company’s website at www.KronosATI.co. NOTE TO INVESTORS: The latest news and updates relating to KNOS are available in the company’s newsroom at https://ibn.fm/KNOS

Correlate Infrastructure Partners Inc. (CIPI) Offering Financial Savings and Energy Efficiency Across the Commercial Sector

 
  • Corporate issuers are spending over $675,000 annually on climate-related disclosures
  • Institutional investors, on the other hand, spend about $1.4 million to collect, analyze and report climate data
  • Correlate Infrastructure Partners Inc. seeks to offer deep financial savings and energy efficiency by reducing site-specific energy consumption and deploying clean energy generation
  • Through its offering, it aims to help companies and investors cut down on costs associated with climate-related disclosures while also helping them adhere to the new rules and guidelines
Companies worldwide are facing increasing pressure to provide climate-related disclosures. Regulators have been at the forefront of demanding these releases in a move that seeks to foster accountability and push for a more sustainable and greener planet. Most notably, the United States Securities Exchange Commission (“SEC”) has been on an aggressive push for these disclosures, even unveiling its proposed rules back in March 2022 (https://ibn.fm/hihTE). It is estimated that corporate issuers are spending over $675,000 annually on climate-related disclosures. In addition, it is estimated that institutional investors are spending close to $1.4 million to collect, analyze and report climate data, which is a hefty sum that can be channeled towards other areas of operation, including, but not limited to renewable energy. Correlate Infrastructure Partners (OTCQB: CIPI) has proven to offer deep financial savings and energy efficiency across the commercial sector. With an opportunity pipeline of over $100 million in commercial projects and more than $20 million in awarded backlog, this company seeks to leverage the U.S. portfolio energy optimization market, which is currently valued at $290 billion. In a study conducted by the SustainAbility Institute by ERM, it was discovered that corporate issuers spend over $677,000 every year on climate-related disclosure activities. Greenhouse gas (“GHG”) analysis accounted for the highest expenditure at $237,000 on average, while climate scenario analysis accounted for $154,000. In addition, climate risk management control costs $148,000 on average, which, in total, was not far off from the SEC’s estimates which stood at $640,000. The study, which involved 39 corporate issuers across multiple U.S. sectors, with a market cap range of under $1 billion to over $200 billion, along with 35 institutional investors representing a total of $7.2 trillion of assets under management (“AUM”) was aimed at highlighting the costs incurred by enterprises in the quest for environmental accountability. “This survey shows that both companies and investors recognize the benefits of disclosing their climate-related activities,” noted Mark Lee, the Director of SustainAbility Institute by ERM. “It also offers a rare glimpse into issuer and investors’ current investments in measurement, analysis, and disclosure of climate-related information, which will be a valuable resource for organizations considering their response to the proposed SEC rules,” he added. With this push by the SEC, companies and investors are being urged to adopt greener energy alternatives and lower their overall carbon footprint. Correlate Infrastructure Partners is well-positioned to satisfy this growing need. With its unique value proposition, companies are bound to reap the benefits of its infrastructure, ranging from cost savings to lower carbon emissions and meeting the changing regulations being implemented with every passing day. For more information, visit the company’s website at www.CorrelateInfra.com, including the following: NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Technology Consistently Enhancing the Oral Administration of Active Pharmaceutical Ingredients

  • A global innovator in drug delivery platforms, Lexaria has developed a patented technology, DehydraTECH(TM)
  • Through research, Lexaria has evidenced that DehydraTECH enhances the efficiency and speed of orally- administered fat-soluble active pharmaceutical ingredients (“APIs”)
  • Lexaria is consistently enhancing the delivery of APIs that affect current oral formulations: speed of onset, limited absorption, and low membrane permeability
  • Lexaria has conducted numerous ground-breaking studies, some of which open up the possibility of fast-acting oral products that avoid the lung diseases and cancers caused by inhalation of combusted molecules common in smoking
Oral formulations account for approximately 90% of the global share of all pharmaceutical formulations made for human use. Statistics also show that about 60% of all established, commercially available small-molecule drug products today and approximately 84% of all best-selling pharmaceutical products are orally administered. Oral drug administration is preferred because it offers numerous advantages over other delivery methods (for instance, intramuscular, subcutaneous, intravenous, and inhalation), not the least of which is high compliance of patients. Additionally, the drugs can be used to offer localized treatment of affected regions within the gastrointestinal tract. “Despite these advantages, the development of oral formulations presents several challenges, which are mainly attributed to the physicochemical properties of drugs, including poor water solubility and membrane permeability. In addition, the absorption of drugs can be limited by their poor chemical and biological stability, as well as by physiological barriers, including pH, efflux transporters, and metabolic enzymes,” reads a 2021 review article published in the Frontiers in Pharmacology Journal (https://ibn.fm/Fj0TC). In understanding the shortcomings of orally administered drugs, Lexaria is rising to the occasion, developing a drug delivery technology that solves the aforementioned challenges. Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, has developed DehydraTECH(TM), a patented technology which enhances the efficiency and speed of orally-administered fat-soluble active pharmaceutical ingredients (“API”). “DehydraTECH combines lipophilic APIs with specific fatty acid and carrier compounds, thereby improving the way APIs enter the bloodstream while increasing the effectiveness of fat-soluble active molecules allowing lowering overall dosing and promoting healthier oral ingestion methods,” Lexaria explained in its 2021 annual report (https://ibn.fm/W2hsW). The company began developing DehydraTECH in 2014 and has since strengthened the technology as well as broadened its possible applications. Now, Lexaria’s website notes, the technology “can be applied to many different drugs and other active ingredients such as vitamins in oral formats including tablets, capsules, oral suspensions – and even foods, beverages, and topical preparations.” Lexaria has also conducted in vitro and in vivo human and/or animal studies that have evidenced the technology’s ability to mask unwanted tastes, improve the speed of onset, increase bioavailability and brain absorption, and lower dosing – thereby reducing drug administration costs – of APIs. So far, Lexaria has explored how DehydraTECH improves APIs, not limited to, cannabidiol (“CBD”), oral nicotine, and antiviral drugs, with the company describing its oral nicotine investigations as “ground-breaking studies to open doors previously closed to disruptive new technology, including the possibility of potent and fast-acting ingestible products that avoid the lung diseases and cancers caused by inhalation of combusted molecules common in smoking” (https://ibn.fm/ysLHG). In a series of animal studies staggered between 2018 and 2021, Lexaria evidenced that DehydraTECH delivered considerable nicotine absorption performance improvements compared to controls. The technology resulted in faster delivery of the compound, a higher quantity of peak nicotine delivered to the bloodstream, greater bioavailability, and higher brain absorption (as evidenced by high levels of nicotine in the brain). In its latest animal study, whose results the company released last year, Lexaria revealed that DehydraTECH was between 10x to 20x faster in achieving peak delivery of oral nicotine to the bloodstream than controls. It also attained peak nicotine levels that were up to 10x higher than controls (https://ibn.fm/uBCLc). Now, Lexaria is focusing on the human nicotine study, NIC-H22-1, with dosing expected to begin this summer. The company hopes that the use of DehydraTECH-nicotine pouches –will help avoid harmful outcomes associated with smoking tobacco, a source of nicotine. Tobacco use causes 480,000 deaths (including passive smokers) annually in the United States (https://ibn.fm/dbT1L). Globally, tobacco claims over 8 million lives every year, 7 million of which result from direct tobacco use, while about 1.2 million are caused by the inhalation of secondhand smoke (https://ibn.fm/ZM7lE). In its quest to promoting healthier alternatives to traditional orally administered drugs as well as morbidity-causing practices such as smoking, Lexaria is simultaneously tapping into multibillion-dollar industries. Valued at an estimated $5.9 billion in 2022, the global nicotine pouches market is projected to grow at a CAGR of 31% to reach $29.6 billion by 2028 (https://ibn.fm/krqIF). Similarly, the oral drug delivery market, which was valued at $100.05 billion in 2018, is projected to grow at a CAGR of 6.99% to reach $150.06 billion by 2024 (https://ibn.fm/wTcW1). For more information, visit the company’s website at www.LexariaBioscience.com. NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://ibn.fm/LEXX

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BluSky AI Inc. (BSAI) Is Looking to Build the Next Generation of AI Infrastructure Without Compromising the Planet

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As technology continues to evolve, so does the power of artificial intelligence, and the demand for the computing infrastructure needed to support it. According to Jensen Huang, CEO of NVIDIA, AI workloads can require anywhere from 100x to 1000x more computing power than traditional computing applications. As a result, demand for AI compute has reportedly […]

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