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FingerMotion Inc. (FNGR) Explores New Ways to Monetize Its Vast Active User Base with Two New Trademarked Brands

  • FingerMotion, through its subsidiary, JiuGe, announced two new brands- Ji Shi Fu and Baowo
  • These brands will offer device protection services to telecom customers within China
  • JiuGe is targeting the integration of these services by early 2022
  • FingerMotion is confident that the new additions will allow it to monetize its vast active user base further
FingerMotion (OTCQX: FNGR), through its subsidiary, Shanghai JiuGe Information Technology Co., has announced the introduction of a new service — an innovative device protection program for telecom customers within the Chinese market. JiuGe announced the trademarking of two new brands, “Ji Shi Fu” and “Baowo,” that will offer maintenance on broken mobile phone screens, accidental damage repairs, compensation, and older device trade-ins (https://ibn.fm/nR3NF). Having studied foreign markets and how the servicing industry is thriving, JiuGe is confident that there is tremendous, largely untapped potential in this sector, specifically within the Chinese market. The goal is to cover a portion of the hundreds of stores across ten different provinces by early 2022, with the assistance of a large American insurance company. Preliminary beta testing commences in late October 2021 and will be conducted in Guangdong, Shanghai, Anjui, Henan, and Zhejiang provinces and cities (https://ibn.fm/nR3NF). More details will be announced once the testing is done. This move provides a new way for FingerMotion to monetize its large user base and capitalize on a largely untapped market. Additionally, it complements its already-existing line of products and services, allowing the company to offer more value to its customers while also increasing their overall lifetime value. “This latest development demonstrates the flexibility of our business model to explore ways to monetize our vast active user base. We are delighted to commence our beta testing on this mobile device protection product later this month and believe this will eventually present another significant revenue stream,” noted Martin Shen, the chief executive officer (“CEO”) of FingerMotion (https://ibn.fm/nR3NF). For more information, visit the company’s website at www.FingerMotion.com NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF): Digital Payment Companies Set to Benefit from Mastercard’s Cryptocurrency Adoption

  • Although the U.S. has yet to adopt cryptocurrency as a form of payment, other countries have begun the adoption process
  • Mastercard will be one of the first major credit card companies to convert to cryptocurrency instead of a point system. The bitcoin can be used to get airline miles, hotel stays, gift cards, and more.
  • In 2020, it was estimated that 328,370 bitcoin transactions go through each day, with approximately 15,174 businesses accepting crypto as a form of payment
  • LQwD’s Lightning Network helps to send bitcoin payments, providing quicker settlement times and fewer user fees
Since the introduction of bitcoin, cryptocurrency has been steadily increasing in popularity among users. The rise in popularity promoted an increasing number of businesses and institutions to adopt digital currencies. Even some countries, such as El Salvador, have begun accepting bitcoin as a form of currency. Although the United States has yet to commit itself to crypto, major credit card company Mastercard announced plans to incorporate bitcoin and other cryptocurrencies into its payment and banking platform (https://ibn.fm/YLd0l). Most banks and credit card companies reward members with points. These points can be redeemed for rewards, like airline miles, gift cards, and more. With digital currency in the mix, customers will be given cryptocurrency, which can grow or shrink in value based on the market. It is also likely that existing member points will be able to be converted to cryptocurrency. Mastercard’s integration couldn’t come at a better time. The crypto market, especially bitcoin, is booming. In 2020, it was estimated that 328,370 bitcoin transactions went through each day – with approximately 15,174 businesses accepting crypto as a form of payment. The market growth and increased adoption are benefitting digital payment companies such as LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF), a financial tech firm focused on creating an enterprise-grade infrastructure to drive bitcoin adoption. LQwD’s Lightning Network is a platform as a service (“PaaS”) that users leverage to send payments instantly, securely, and with as little expense possible to anywhere in the world. By integrating LQwD’s infrastructure into their business, companies can network transactions in bitcoin. The Lightning Network nodes can be deployed, monitored and managed with little to no technical knowledge required. A viable solution for massively scaling bitcoin for microtransactions around the globe, the network also helps reduce fees and offers instant settlement times. LQwD sees the Lightning Network as an enabling technology that will bring bitcoin to hundreds of millions of users worldwide, thus further driving the company’s sustained growth. For more information on LQwD and the Lightning Network, visit the company’s website at www.LQwDFinTech.com. NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF

Flora Growth (FLGC) Receives Global Medical Cannabis Certification, Launches New CBD Brand

  • Flora Growth Corp. is an international cannabis consumer packaged goods distributor and cultivator based in Colombia that has built an ecosystem that will support market-leading innovation within categories that matter most to consumers exploring plant-based consumer goods.
  • The company recently obtained the Good Agricultural and Collection Practices (“GACP”) certification from international certification agency and global leader in medical cannabis certification Control Union Medical Cannabis Standard (“CUMCS”)
  • Flora Growth also just announced the launch of a new brand named Munzhi that will initially provide 12 CBD products for wellness, hair, body, and face benefits
  • Flora Growth’s Colombian operations are already producing more than 190 products, 63 of which are INVIMA-registered over-the-counter (“OTC”) products and have received three GMP certifications from the agency regulating Colombia’s food and drug trade
International cannabis brand builder and cultivator Flora Growth Corp. (NASDAQ: FLGC) is preparing to expand its global footprint with the development of a new collection of cannabidiol (CBD) wellness lifestyle products. Flora Growth’s Flora Lab division is launching the new Munzhi brand with 12 products across four categories: Wellness, Hair, Body, and Face. Launch efforts have been initially focused on the Colombian market, though the company will also be selling through an online shop and shipping around the world. Colombian President Ivan Duque loosened the country’s limits on cannabis trade in July, permitting the export of dry cannabis flowers used in food, beverage, cosmetics and textiles markets, and delivering Colombian countries confidence that they can leap into Europe’s and North America’s pharmaceutical markets, according to a CNN news report (https://ibn.fm/rilT5). Flora Growth has already established a cultivation and processing base in Colombia. The company bought 100 hectares — about 247 acres — in central Colombia and has established production at this base, named Cosechemos, at a cost the company estimates to be around 6 cents per gram of dried cannabis flower, a fraction of the go-to price that ranges from 50 cents to $2 in the United States, according to the news report. The Munzhi brand combines CBD as an active ingredient with other plant-based ingredients such as lavender oil and chamomile coconut for a facial serum, shampoo, conditioner, shower gel, body ointment and a moisturizing lotion, with plans to expand product offerings over time. “Through market studies, consumers have indicated they want the wellness benefits of cannabis, but at an affordable price. Munzhi helps fill that need as well as an important gap in our product portfolio,” Flora Growth President and CEO Luis Merchan stated in a news release about Munzhi (https://ibn.fm/1U1fN). Flora Lab recently received its cosmetics GMP certification from Colombia’s food and drug regulatory agency Instituto Nacional de Vigilancia de Medicamentos y Alimentos (“INVIMA”) — its third GMP certification overall — and now serves as Flora Growth’s division for R&D and manufacturing of pharmaceuticals, cosmetics, and nutraceuticals. The lab operates a modern, 16,000-square-ft manufacturing facility that produces more than 190 products, 63 of which are INVIMA-registered over-the-counter (“OTC”) products. With the three GMP certifications, Flora Growth can pursue distribution agreements for products that contain CBD as well as non-CBD products in markets where access requires GMP certification (https://ibn.fm/A1Ety). The company has more than 2,500 global distribution channels through pharmacies and wholesale clients and aims to continuing expanding them. Neighbor country Panama recently passed legislation legalizing medical cannabis (https://ibn.fm/8JEZt) and Flora Growth’s non-binding LOI with Panamanian importer and distributor Robust Farms Inc. promises to grant Flora a pipeline into that market (https://ibn.fm/MIgdg). On Oct. 25, Flora Growth announced it has received the Good Agricultural and Collection Practices (GACP) certification by the Control Union Medical Cannabis Standard (“CUMCS”), a leading international certification agency and global leader in medical cannabis certification. “In advance of this milestone, our team has signed several LOI’s for the sale and distribution of dry flower and derivative products to several international jurisdictions, including the EU, Australia, and Latin America,” Flora’s Chief Revenue Officer Jason Warnock stated (https://ibn.fm/Qg5jz). “We are now in the position to unlock the significant potential from Cosechemos as we continue building our global distribution network.” For more information, visit Flora Growth’s website at https://floragrowth.ca. NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://ibn.fm/FLGC

Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Transforming Treatment of Fibromyalgia and Chronic Pain Conditions

  • In July, Tryp appointed Dr. Robin Carhart-Harris as the Chairman of its Scientific Advisory Board and Dr. Daniel Clauw, M.D., as a member
  • Commenting on the appointments, Tryp Chairman and CEO Greg McKee expressed his appreciation at the pair’s commitment to the alleviation of chronic pain and other diseases with psychedelic-based therapies as well as the company
  • Fibromyalgia affects millions globally, but existing approved treatments have limited efficacy and/or cause significant side effects
  • Tryp aims to remedy this, alleviating the suffering of millions of patients
In February of 2021, Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company, appointed Dr. Robin Carhart-Harris to its Scientific Advisory Board (“SAB”) (https://ibn.fm/jSASb). The founder of the first-of-its-kind Center for Psychedelic Research at Imperial College London and the Ralph Metzner Distinguished Professor in Neurology and Psychiatry at the University of California, San Francisco, Dr. Carhart-Harris continues to be instrumental in advising Tryp through the development of its psilocybin programs. In July, (https://ibn.fm/NkpfQ), Tryp also appointed Dr. Daniel Clauw, M.D. as a new member of the board. A Professor of anesthesiology, medicine (Rheumatology), and psychiatry at the University of Michigan, Dr. Clauw serves as the Director of the university’s Chronic Pain and Fatigue Research Center. He is also a world-renowned expert on fibromyalgia and nociplastic pain. “I would like to thank Dr. Robin Carhart-Harris and Dr. Daniel Clauw for their persistent commitment not only to Tryp but also to the alleviation of chronic pain and other diseases with psychedelic-based therapies,” said Tryp Chairman and CEO Greg McKee following the July appointments. Dr. Clauw’s commitment and work are captured in a 2020 Scientific American article titled “The Unexpected Diversity of Pain” (https://ibn.fm/NNuXh). The article, which discusses three types of pain (nociceptive, neuropathic, and nociplastic), noted that Dr. Clauw is passionate about helping people with nociplastic pain, a kind of long-misunderstood pain that could underpin chronic conditions, including fibromyalgia. According to the article, nociplastic pain “results from no obvious inflammation or injury. Rather, it’s as if the volume knob for pain is turned up way too high, not at the pain site itself but further afield.” This type of pain appears to originate in parts of the central nervous system – the brain or spinal cord – that receive, transmit, or process pain signals. “These nerves misfire, creating a sensation of pain even though nothing may be wrong. The localization of the problem, the central nervous system, is why Clauw prefers to call it ‘central sensitization.’ The classic example is fibromyalgia, which causes pain that seems to stem from muscles, tendons, and joints, despite the real problem lying in the brain or spinal cord,” explained the article. According to Tryp’s internal analysis, over 4 million people suffer from fibromyalgia in the United States. Globally, the condition affects an estimated 3-6% of the population (roughly 232-465 million people) (https://ibn.fm/AR0oK). Unfortunately, despite the disease afflicting millions, researchers have not yet made substantial gains in treating fibromyalgia at its origin. Existing FDA approved treatments, for example, have limited efficacy and/or significant side effects. Tryp is looking to change this narrative. Through the guidance of its SAB, which also includes Joel Castellanos, M.D., Rachel Wervick, Ph.D., Derek Ott, M.D., and William Schmidt, Ph.D., coupled with research-based work conducted in collaboration with the University of Michigan, Tryp hopes to transform the existing treatment of fibromyalgia, along with other forms of chronic pain, and relieve the suffering of millions of patients. To this end, Tryp recently announced that it expects to file a separate Investigational Drug (“IND”) application before the end of October for its Phase 2a study in fibromyalgia through a collaboration with the University of Michigan (https://ibn.fm/jweV9). Having already received IND authorization for a Phase 2a clinical trial in phantom limb pain, Tryp is moving forward with the academic collaboration for this condition. In addition, the company is continuing to advance the partnership for a Phase 2a clinical trial in complex regional pain syndrome. Meanwhile, Tryp announced that the FDA had placed a clinical hold on its Phase 2a study for eating disorders, including binge eating disorder and hypothalamic obesity. For more information, visit the company’s website at www.TrypTherapeutics.com. NOTE TO INVESTORS: The latest news and updates relating to TRYPF are available in the company’s newsroom at https://ibn.fm/TRYPF

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Makes Strategic Additions to its Leadership; Completes Platinum Vape Management Transition

  • RWB appointed Chris Ecken as the new CFO effective October 2021
  • Ecken will lend over 25 years of experience from the alcohol beverage industry, helping RWB to shape sustainable long-term growth
  • RWB also announced Colby De Zen’s appointment to its board of directors
  • He will be integral to RWB’s move to close critical assets in Michigan and expedite expansions in Florida, California, Arizona, Illinois, Massachusetts and Oklahoma
  • RWB also completed Platinum Vape LLC. (“PV”) management transition, with the addition of Shea Alderete, Joaquin Rodriguez and Craig Rosevear to its management
  • RWB plans to bank on growing demand in Michigan and California to scale up production of PV vape carts
Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) has announced the appointment of two new members to its team: Christopher Ecken and Colby De Zen. Experienced financial executive Chris Ecken becomes the company’s new Chief Financial Officer (“CFO”), while strategic investor and entrepreneur Mr. Colby De Zen becomes the company’s newest board member. The move is being made to strengthen the executive team and its board. Mr. Ecken brings over 25 years of experience in executive finance at Brown-Forman, an NYSE-listed player in the alcohol beverage industry and a producer of some of the world’s most recognizable alcohol brands, including Jack Daniels(R), Herradura(R) and Woodford Reserve(R) (https://ibn.fm/wP3QF). “We welcome Chris Ecken as a key addition to the breadth and depth of our management team. His extensive experience as a financial executive will be a tremendous asset,” noted Brad Rogers, the Chief Executive Officer (“CEO”) of RWB. “His rise through the ranks and track record of accomplishments at each level is testament to his financial acumen, visionary leadership and strategic mindset. We anticipate his specialized skills will help shape sustainable long-term growth, the shift to cannabis industry safe banking, and an upward trajectory toward a listed exchange for Red White & Bloom,” he added. Throughout his career, Ecken has championed the global revenue management initiative focused on creating sustainable growth. He is also known for his push for the full implementation of international and regional restructuring and leading a cultural mindset shift away from standard budgeting and reporting, instead focusing on continuous planning, actionable business insights, and data-driven analytics. While confirming his appointment, Ecken noted, “I’m looking forward to leveraging my extensive experience within the spirits industry as I lead Red White & Bloom’s finance organization during this exciting time of growth for the company and the cannabis industry overall.” Mr. Colby De Zen’s addition to RWB’s board of directors will be effective upon completion of any regulatory or other requirements as applicable (https://ibn.fm/VReeV). As one of the managing directors of De Zen Family Office, a corporation responsible for deploying significant capital in the public and private sectors, RWB is confident that De Zen will lend his vast operational and executive management expertise to the company. This will help with the company’s growth and the achievement of both short-term and long-term goals. De Zen currently serves as Vice President of Trunkeast Investment, an enterprise with more than 2,000 employees and over $1 billion in annualized revenue. He is responsible for overseeing the day-to-day operations of the company, with a focus on operational efficiency, mergers and acquisitions (“M&A”) activities, as well as cost management. “I believe that RWB is at an inflection point where substantial shareholder value can be created through continued operational efficiency and execution of RWB’s plans for growth. I am looking forward to working with Brad, and the team, as RWB turns the corner on a number of strategic initiatives,” noted De Zen. Brad Rogers expressed his enthusiasm for De Zen’s appointment and the strong relationship that RWB has with the De Zen group. He reckoned that the appointment comes at the right time given that the company is preparing to close on critical assets in Michigan while also expediting expansions in Florida, California, Arizona, Illinois, Massachusetts and Oklahoma. “Their (De Zen Group) strategic involvement and support have been instrumental to Red White & Bloom Brands’ growth. We are excited to have Colby join the team and look forward to working together,” Rogers added. RWB also announced the completion of an agreement for the transition of the management at its Platinum Vape, LLC (“PV”). RWB also announced having settled all additional PV acquisition purchase price consideration and redeemed a total of $5 million in convertible debentures that were previously convertible at $0.57 per share (https://ibn.fm/Yn2Pm). This management transition saw the addition of three new faces, including Shea Alderete and Joaquin Rodriguez, both of whom would serve as Co-General Managers of RWB California’s day-to-day operations. In addition, Craig Rosevear would be the new RWB West US Regional Controller. While making the announcement, Brad Rogers noted, “We know how valuable each and every member of our company is to our continuing success. In this time when so many companies are struggling to attract and retain their staff, we are proud to welcome our new team members, congratulate the existing RWB management team members who have taken on expanded roles, and thank all members of our team for their dedication and hard work as we continue to drive growth of both PV and overall results in each state.” RWB estimates that in November, production of PV vape carts will increase to over 450,000, a projection that has made expansion of the PV brand a top priority. Michigan and California are proving to be the two vital promising markets pushing for this growth, prompting focus on PV and streamlining its operations. The agreement between the former PV owners and RWB entailed the former’s resignation as directors and officers from all RWB entities and waiving any further considerations regarding potential earn-out that formed part of the original purchase consideration. This was initially recorded as a $7.5 million liability on the company’s financial statement, $5 million of which was redeemed in convertible debentures at $0.57 per share, coupled with the private purchase of $10 million of convertible debentures. “Platinum Vape experienced unprecedented growth over the last couple of years, and our acquisition of PV last year was a watershed event for RWB. In addition to the current changes, we expect the further transition for management of the PV segment into a state-specific focus will allow for the expansion of the brand to each state in which RWB operates, while facilitating compliance for the regulatory and marketing nuances that are unique to each jurisdiction,” noted Brad Rogers. For more information, visit the company’s website at www.RedWhiteBloom.com. NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://ibn.fm/RWBYF

Leading B2B CWCBExpo to Bring Together Cannabis and Hemp Professionals to Discuss Industry Challenges and Opportunities

Date: November 4-6th 2021 Venue: Javits Convention Center, Hall 3A, New York City, NY  The Cannabis World Congress & Business Exposition (CWCBExpo) will take place November 4-6, 2021, at the Javits Convention Center, Hall 3A, in New York City. Industry leaders and innovators will take the stage to educate and discuss the cannabis and hemp industry. This three-day event will feature an Inside the Industry: Thought Leadership Series in an interactive “Talk Show” format led by Geoff Whaling, Chair of the National Hemp Association and Matthew Anderson, Founder & CEO of Vanguard Scientific with a different theme each day. Day 1 will focus on Where We Are Today; Day 2 will focus on Challenges and Solutions; Day 3 will focus on Where We Are Going. Many speakers will join the discussions each day, including Think BIG & Frank White Co-Founders Christopher “CJ” Wallace and Willie Mack, the founder and CEO of Pure Genesis, Faye Coleman, and Cloneville Founder Calvin Frye. The conference program emcees will be Keiko Beatie, Director of Education at Coral Cove Wellness Resort, and Kymberly “KymB” Byrnes, Co-founder of Tribetokes. Thursday, November 4, will feature an exclusive “Back-to-Business Celebration,” which is a networking event taking place from 5 pm to 7 pm EST. During the networking event, attendees can continue discussing the industry, making deals, or simply relaxing before the next two conference days. Food, beverages, and celebration are all on the agenda for the networking event. All attendees must be registered for the CWCBExpo to purchase a ticket to the celebration. CWCBExpo New York will be held in person, requiring masks and proof of vaccination at the Javits Center. Registration and additional pricing information can be found at https://cwcbexpo.com/registration_ny/. Cannabis Week, anchored by CWCBExpo New York, runs from November 1-7,  and will bring the entire cannabis industry together for added networking, business building and fun. Several events will take place during this week throughout New York City., \. The Cannabis Week Guide is now available, with new offers, discounts and events updated continuously. To learn more about Cannabis Week, visit https://cwcbexpo.com/cannabis-week/. For more information about the New York cannabis trade show and conference, please visit https://cwcbexpo.com/.

Podfest ‘Origins’ Expo 2021 Tampa To Reunite Global Participants Of The PodFest Community

Venue: Amalie Arena, Tampa, Florida Date: 
  • Virtual session 1- October 28-29, 2021
  • VirtualSession 2-November 1-3, 2021
  • In-person Event- November 4-5, 2021
The Podfest Expo is being held as virtual sessions and an in-person event in Tampa, Florida. The event invites the Podfest community from all over the globe who are enthusiastic about sharing their views and opinions with the world through the medium of audio and video. This would also feature the first live in-person event after the pandemic for a special edition of the ‘Podcast Origins’. This event unites the close-knit Podfest community that has been thriving since 2013. Tampa is the original seat of Podfest events. The Podfest Expo is a wonderful platform to learn and inspire as it features influencers and eminent speakers who share their ideas, views and opinions on topics of their expertise. These industry stalwarts impart in-depth knowledge on varied topics offering valuable advice to participants attending the Expo. The inspiring speeches by the experts will go a long way in shaping the future and career of many aspiring attendees. The Podfest event holds equal importance to new podcasters as well as veterans in the podcasting arena. They can learn and innovate their style of podcasting as well as customize their daily agenda about topics they are interested in hearing from the most influential people in podcasting and new media. In addition, this forum offers a robust opportunity for networking and building a world-class community of like-minded people who like to explore and share ideas, helping each other grow and prosper. The conference topics include:
  • Creation & launch
  • Technology & innovation
  • Audience growth
  • Monetization and marketing
  • Youtube and videos
  • Networking and social
The Podfest Expo 2021 is a storehouse of knowledge waiting to be explored by genres of different niches. The Podfest will be held at the Amalie Arena, Tampa, home of the current back-to-back NHL Stanley Cup Champions Tampa Bay Lightning. The event organizers, the CEE Company, have arranged three amazing hotels that will offer discounted group rates for this event! They are also following all norms of health and safety in wake of the COVD-19 situation. Those who are still not comfortable attending the in-person event can purchase the virtual event pass. For more information and tickets to the event, please visit https://podfestexpo.com/.

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Expanding its Brick-and-Mortar Stores with Hudson’s Bay Partnership

  • PlantX is set to open two new XMarket locations in Toronto and Ottawa
  • These will be shop-in-shops within Hudson’s Bay stores in a partnership that began back in April 2021
  • The new additions line up with PlantX’s XMarket rebranding and an expansion plan that, so far, covers Tel Aviv, California, and British Columbia
  • This expansion initiative will be integral to enhancing customer engagement and promoting plant-based living across Canada
PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) recently announced, in a corporate update, its ongoing retail branding initiative that involves renaming existing brick-and-mortar stores as ”XMarket.” The company’s primary objective with this initiative, so far, is to appeal to more customers across different locations, including Tel Aviv, California, and British Columbia, among others (https://ibn.fm/OsZnv). In a more recent announcement, PlantX announced that it would be taking this expansion plan a step further, with the opening of two new shop-in-shops within key Hudson’s Bay locations (https://ibn.fm/90tNf). This move builds on the growing partnership with Hudson’s Bay that started with PlantX’s launch as a marketplace seller on www.TheBay.com back in April 2021. The two new locations will be in Yorkdale Mall, Toronto, and Rideau Mall in Ottawa, set to open on November 15 and November 22, 2021, respectively. When making the announcement, Sean Dollinger, the founder of PlantX, noted, “The stores will be crucial discovery touchpoints for customers frequenting these highly trafficked areas, which will boost the PlantX brand recognition. This move enables us to make significant and exciting investments that will enhance customer engagement and provides us with yet another opportunity to promote plant-based living across Canada.” These XMarket stores will showcase various plant-based grocery items from PlantX’s vast catalogue of over 5,000 plant-based products. They will also stock cosmetics as well as indoor plants. The Rideau location will also include an XMarket-branded café that will offer carefully selected plant-based food and beverages. From a financial standpoint, this shop-in-shop licensed model is set to increase PlantX’s economic efficiency, mainly through establishing more favorable terms for brick-and-mortar stores and cafes. Additionally, given the strategic locations, PlantX will benefit from extended physical access to a diverse customer base who will be introduced to the company’s products and services. Most importantly, having XMarket stores within these high-traffic Hudson Bay locations will allow the company to increase its e-commerce and in-store profitability, given the improved customer reach, brand awareness and the ability to provide same-day deliveries. This announcement affirms PlantX’s commitment to growing its brand, expanding its market reach and promoting plant-based living, not just in Canada but also around the world. For more information, visit the company’s websites at www.PlantX.comwww.PlantX.ca, and https://investor.plantx.com/ and view PlantX for Plant-Based Investors. NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF

Smartphone Use Increase Driving Music Streaming Growth, With New Opportunities for Friendable Inc.’s (FDBL) Fan Pass Platform

  • The music streaming industry was valued at $20.9 billion in 2019 and is expected to reach $76.9 billion by 2027
  • Friendable Inc.’s flagship product, Fan Pass, provides artists with a platform to share their music and fans a place to go to listen to their favorite artists or find new ones to listen to
  • Artists without representation have Pro Services options on the platform, making it easier to promote their music, create merchandise, and access digital design services
  • Friendable is focused on continuing to test new options and grow the platform’s number of members and users for the remainder of the year
Since 2016, the number of smartphone users worldwide has increased by 73.88%, resulting in approximately 80.76% of the world’s population owning smartphones (https://ibn.fm/pcPxu). Unlike standard mobile devices used for talk, text, and pre-installed 8-bit games, the smartphones of today are handheld computers that are carried in pockets, purses, or held in mounted devices in our cars. Our smartphones have replaced other objects used in daily life – including cameras, calculators, photo albums, camcorders, books, CDs, and more. One market that has been altered by technology is entertainment, more specifically, music. Throughout the years, there have been many ways of listening to music. Depending on what generation a person belongs to determines the technology they have seen. Through the years, there have been eight-track tapes, vinyl, cassette tapes, CDs, MP3 players, and now streaming. The music streaming industry is set to benefit immensely from the increase in smartphone use worldwide. Music streaming was valued at $20.9 billion in 2019, and the market is expected to continue growing at a CAGR of 17.8% to reach $76.9 billion by 2027. Much of this growth can be attributed to streaming reaching a broader audience, often through social media or other streaming platforms. (https://ibn.fm/hLazY). One streaming platform that has grown exponentially (with users and artists) since its inception in July 2020 is the Fan Pass Live Streaming artist platform, the flagship product of Friendable (OTC: FDBL), a mobile technology and marketing company whose focus is on identifying products, services, and brand opportunities that offer mass-market potential and scalability. Co-founded by brothers Robert A. Rositano Jr. (“CEO”) and Dean Rositano (“CTO”), Fan Pass is a platform where artists can live stream music, and fans come to listen to their favorite artists or find new ones to enjoy. Artists sign up for the platform at no charge and can begin streaming immediately. Fans pay a low monthly fee to access content (less than the price of a digital download) and have the opportunity to purchase merchandise and watch exclusive VIP online performances. Artists who join Fan Pass can earn revenue and can participate in special incentive opportunities – like the past month’s “Double Down October.” Revenue opportunities include merchandise sales, VIP performance tickets, and a portion of the monthly revenue from the fee fans pay to be a part of the platform. Artist Pro Services are offered at a cost but provide member artists access to merchandise creation, social media marketing, and more. Customized promotional material is something that an artist without representation might have had trouble producing in the past, but Fan Pass makes it possible for artists of all calibers to do what they love and love what they do. Currently, Friendable and the Fan Pass platform are looking to the remainder of the year and into the new year to see what opportunities exist for further growth. The company just completed its initial 120-day strategy, which included the launch of apps on the Apple Store and Google Play and enhancing the platform experience for fans and artists alike. For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.com. NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL

DigiMax Global Inc. (CSE: DIGI) (OTC: DBKSF) Team Leading in Key AI Development, Solutions

  • Artificial intelligence (“AI”) becoming mainstream tech at growing number of companies
  • Harvard Business Review reports that next-generation technologies, including AI, will be key in boosting business innovation and advancement
  • DigiMax is committed to providing actionable predictive insight across the financial and human world
Last month, Harvard Business Review (“HBR”) reported that the COVID-19 crisis had “accelerated the adoption of analytics and AI” (https://ibn.fm/fvz3V); the article also predicted that “this momentum will continue into the 2020s.” Clearly, AI is a crucial component of the world moving forward, and no one does AI better than DigiMax Global Inc. (CSE: DIGI) (OTC: DBKSF). “Fifty-two percent of companies accelerated their AI adoption plans because of the COVID crisis,” the HBR article states. “Just about all, 86%, say that AI is becoming a ‘mainstream technology’ at their company in 2021. Harris Poll, working with Appen, found that 55% of companies reported they accelerated their AI strategy in 2020 due to COVID, and 67% expect to further accelerate their AI strategy in 2021.” HBR went on to note that AI can be instrumental in alleviating skills shortages by creating solutions and augmenting support activities. AI combined with analytics is boosting productivity, delivering new products and services, and addressing supply chain issues, the article observed. In addition, AI accentuates corporate values, fuels startups and helps companies manage disruption. “The coming boom in business growth and innovation will be a data-driven one,” the article continues. “As the world eventually emerges from the other side of the COVID crisis, there will be opportunities for entrepreneurs, business leaders and innovators to build value and launch new ventures that can be rapidly reconfigured and realigned as customer needs change. Next-generation technologies — artificial intelligence and analytics — will play a key role in boosting business innovation and advancement in this environment, as well as spur new business models.” Emerging as a leader in the AI world, DigiMax is committed to providing actionable predictive insight across the financial and human world (https://ibn.fm/WVoB8). “We empower our clients in making better decisions, from uncovering the trends influencing the financial markets to measuring the impact of personality traits from the workforce, culture and brands,” the company states. Examples of DIGI’s predictive insight are trends in the financial markets, analyzing recruitment submissions for police, working with human resources departments to identify top performers’ traits and lab engineering to create new needed devices that augment humans. DIGI is a technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive and cryptocurrency solutions across various verticals. The company is also an official IBM Watson partner, reselling or embedding Watson into applications and solutions that it offers. In addition to its deep expertise in AI, DigiMax’s engineering team boasts extensive experience in other key elements including machine learning, neural language processing, big data and cryptocurrency technology. For more information, visit the company’s website at www.DigiMax-Global.com. NOTE TO INVESTORS: The latest news and updates relating to DBKSF are available in the company’s newsroom at https://ibn.fm/DBKSF

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