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How to Know if Your Vacation Rental Insurance Coverage is Adequate

  • Conventional insurance doesn’t cover all possible damage and or accidents
  • InsuraGuest’s InsurTech platform covers damage to rooms, lost items, accidental medical, and death or dismemberment
  • Company has excellent prospects on fast-growing global vacation rental market and is already working to expand its presence in Europe and Asia

Every homeowner who has decided to start a vacation rental business worries about unforeseen events that can result in extensive and even irreparable damage to their property. There isn’t much you can do to resolve these problems once they’ve occurred if your home is not well protected in legal terms, or your current Homeowners policy does not cover damage caused by a third party. Prevention is the best measure. Here are some real-life examples of why it’s crucial to choose the best insurance for your vacation rental property.

The first vacation rental guests that Heather Harnell had (through Airbnb) left her condo looking like a war zone (http://ibn.fm/SZ2bF). There were cigarette burns throughout the living room and bedrooms, garbage everywhere, and most of the things had been stolen, including the TV. Damage amounting to thousands of dollars had been racked up.

In a similar case, a Georgia woman’s guests stole priceless silverware and other family heirlooms from her home (http://ibn.fm/yDr6h), also rented through Airbnb. A total of 28 items were reported missing and police launched an investigation into the case, as Airbnb representatives said they were working to reimburse the host for the stolen items.

Additional Protection Against Theft and Damage

Platforms like Slice.is offer general liability (GL) insurance coverage that Airbnb property owners need and which can be embedded into existing experiences for housing, travel, mobility, wealth, and protection. Even so, this type of general liability insurance may not cover all possible damage and theft situations, and that is where InsuraGuest Inc. comes in. Serving as a complementary product to any insurance the property has, as well as a standalone insurance option,InsuraGuest which protects the guest at the time of check-in to check-out, was designed to be the first line of defense for both the guest and the vacation property owner.

Traditional traveler’s insurance also doesn’t cover a number of things that can happen inside hotels or other travel properties, putting both the traveler and the hotel or property owner at risk. People often mistakenly assume that accidents happening at such a property are covered by the property owner’s insurance, but that’s not always the case.

If a homeowner’s property items were stolen, they would need to claim them on a policy like Slice.is, but what happens if those items were broken by the guest, or the guest is robbed, and general liability insurance doesn’t cover those perils? With InsuraGuest, hotels and vacation rental properties purchase a Guest Protection Policy that is automatically extended to each of their guests, including their room occupants, at the time of check-in. The Guest Protection Policy provides specific coverage for such things as accidental damage to rooms, lost or stolen items, medical expenses, death or dismemberment up to the policy limits (http://ibn.fm/1Zg4b).

A Wealth of Opportunities as Vacation Rental Market Soars

With this specialized insurance product that can easily integrate with most vacation rental and hotel property management systems, InsuraGuest has excellent prospects on the global vacation rental market, which is projected to reach nearly $63 billion from 2020 to 2024, with a year-over-year growth rate for 2020 estimated at 5.51%. Vacation rental startups attracted nearly $100 million in venture capital funding in the first quarter of 2016, and the number of vacation rental users globally is expected to soar to 361 million over the next five years. Vacation rentals are expected to topple the hotel industry by the year 2020 (http://ibn.fm/WHAx0).

The company’s main focus is currently the U.S. market, where it provides coast-to-coast coverage. However, InsuraGuest is also working to expand the scope of its InsurTech platform and insurance products to cover European Union member states and the United Kingdom, and has initiated operations to enter the Asian market by mid-2020 (http://ibn.fm/jiULf).

The European and Asian hotel markets are both significantly larger than the U.S. market, holding a combined 5.4 billion hotel nights stayed in 2018, compared to 1.1 billion stayed nights in the United States. With distribution in Europe and the United States, InsuraGuest’s combined demographics will total 3.9 billion nights stayed, and will more than double its vacation rental opportunities.

For more information, visit the company’s website at www.InsuraGuest.com

NOTE TO INVESTORS: The latest news and updates relating to InsuraGuest are available in the company’s newsroom at http://ibn.fm/InsuraGuest

MCTC Holdings Inc. (MCTC) CEO Praises Cannabis Infusion Technology Company’s Direction in Year-End Shareholder Letter

  • MCTC Holdings Inc. is raising a toast to its advances and plans for 2020 in a year-end letter to shareholders that recaps the company’s management restructuring and change in strategy during the past year
  • MCTC has filed for a fifth patent for its Hemp You Can Feel product line as it continues developing mechanisms for using microparticle and nanoparticle technology to make cannabinoid compound delivery to the bloodstream more effective
  • The company is preparing to change its company identity to Cannabis Global, Inc., and to introduce several new direct product offerings based on its IP technologies, including glycosides and nanoparticles of lesser-known cannabinoids to be used possibly in appetite suppression and sleep product testing

MCTC Holdings Inc. (OTC: MCTC) Chief Executive Arman Tabatabaei has issued a year-end letter to shareholders, offering a holiday toast to company directors as it recaps MCTC’s advances since the passage of the 2018 U.S. Farm Bill last December and sets the stage for the coming year.

MCTC reorganized its management in May and redirected its budding strategy from hemp cultivation and post-harvest processing segment to the science of hemp extract and cannabinoid biodelivery, avoiding “many of the well-publicized issues currently being experienced in the hemp sectors” while whole-heartedly embracing the underserved market pertaining to how cannabinoids are best utilized by the human body, Tabatabaei states in his letter (http://ibn.fm/ki0cE).

“In only a few months, through our internal development efforts and through the efforts of our CROs (Contract Research Organizations) we have begun to make an impact within the cannabinoid sciences arena. … We think our cutting edge research and development work in the laboratory is just getting started,” Tabatabaei adds.

MCTC, which is in the process of changing its corporate identity to Cannabis Global, Inc., recently applied for its fifth patent to build on its research into ways of best using cannabinoids as a replacement for alcohol in many beverages, thereby avoiding many of the deleterious effects of alcohol on the human body while adding the potential wellness benefits of the cannabis plant.

The company’s research focuses on the development of efficient biodelivery mechanisms through microparticle and nanoparticle forms of MCTC’s trademarked “Hemp You Can Feel” technology. Such minuscule particles have long been utilized by the food and medical industries as carriers that can transmit desired chemicals’ properties on a direct route into the bloodstream instead of through the lengthy digestive tract and its substance filters (http://ibn.fm/3swz1).

Laboratory results indicate Hemp You Can Feel brand technology makes some of the major cannabinoids virtually undetectable, exceeding MCTC’s expectations for infusing beverages, powders and liquid concentrates with substances at the lowest quantitative levels that are nevertheless able to provide effective results (http://ibn.fm/mg0sg).

“We recently started a project to produce nanoparticles of our Hemp You Can Feel (TM) technology and cannabinoid glycosides, the first phase of which is expected to be completed by the end of 2019,” Tabatabaei states. “Our next phases of research, and our most ambitious, is to create glycosides and nanoparticles of non-psychoactive tetrahydrocannabivarin (THC-V) and cannabinol (CBN), two lesser-known cannabinoids, to be used on appetite suppression and sleep product trials.”

As the company assumes its planned new corporate identity of Cannabis Global, Inc., during the coming year, it expects to announce several new direct product offerings based on its IP technologies, beginning in January.

Fortune Business Insights analysts predict the cannabis-infused beverage industry will obtain a valuation of $2.05 billion by 2026, rising exponentially from its 2018 level of $173.76 million (http://ibn.fm/5tNLh). Arcview Research issued a forecast that the overall cannabis-infused edibles market, including candies, chocolates and pills, may top $4.1 billion in Canada and the United States by 2022 (http://ibn.fm/oCTZf).

For more information, visit the company’s website at www.CannabisGlobalInc.com

NOTE TO INVESTORS: The latest news and updates relating to MCTC are available in the company’s newsroom at http://ibn.fm/MCTC

SRAX Inc. (NASDAQ: SRAX) Focusing on Privacy, Data Ownership as It Builds Valuable Opt-In Consumer Data Set

  • SRAX offers consumers ability to receive payment for release of their data
  • Company’s emphasis is on protection of individuals’ personal information, a critical element in today’s data world
  • SRAX’s BIGtoken platform provides advertisers access to verified consumer data

SRAX Inc. (NASDAQ: SRAX) is a digital marketing and data management technology company providing marketers and consumers tools to unlock the value of data. Privacy and data ownership are the Company’s emphasis. Headquartered in Los Angeles, SRAX focuses on offering consumers the ability to own their data and receive payment for the release of it. SRAX is in the process of building the most valuable opted-in consumer data set in the world.

The protection of individuals’ personal information is a major issue today. Recently, the Consumer Online Privacy Rights Act (COPRA) was officially introduced in the U.S. Senate. The strict proposal would give U.S. citizens the same privacy rights that citizens of the European Union have under the General Data Protection Regulation (GDPR) and has serious implications for United States companies.

“With COPRA in place, consumers would have the right to request which data companies are collecting and ask for that data to be deleted or corrected,” noted an article written by the BIGtoken team (http://ibn.fm/27yOb). “Companies would also need to get explicit consent from anyone before collecting and sharing their data.”

SRAX is at the vanguard of developing a consumer-managed data marketplace and giving consumers control over their information – a power previously unavailable to consumers. The SRAX BIGtoken platform allows consumers to own and monetize their data. This control is significant because today’s consumers expect to receive compensation for releasing their data, while at the same time keeping that data safe, secure and private.

BIGtoken essentially enables consumers to control which pieces of their own data are for sale and which companies can buy them. In addition, BIGtoken provides advertisers access to verified consumer data to better reach and serve audiences. With privacy issues and concerns regarding social media channels such as Facebook, Twitter, Snapchat, LinkedIn and others on everyone’s radar, SRAX offers a premier solution via BIGtoken as the platform creates a secure and transparent environment for consumers. The opportunity to earn money from the release of data has resulted in BIGtoken racking up more than 16 million users around the world thus far, with that number growing every day.

Once consumers grant BIGtoken access to their information, a cooperative relationship is established between SRAX and its customers. Consumers who sell access to their digital data receive compensation with points that they can redeem for cash or gift cards. At the same time, BIGtoken is able to provide verified, high-quality data to advertisers that pay a premium to access consumer-corroborated information for their campaigns. SRAX does not sell BIGtoken data directly to advertisers; it sells access to the data, in the form of anonymized segments.

Along with BIGtoken, SRAX’s product family includes SRAX IR, SRAX Shopper, SRAX Core and SRAX Lux. SRAX IR unlocks stock buyers’ behaviors and trends for issuers of publicly traded companies. SRAX Shopper delivers a cross-channel, premium digital experience at scale to high-value shopper audiences. SRAX Core offers one complete dashboard to manage digital media campaigns, inventory and reporting. SRAX Lux targets and reaches luxury consumers at luxury retail stores and high-end art galleries, as well as music, film, fashion and sports events.

SRAX is committed to its mission of delivering tools to unlock the value of data, benefitting consumers and advertisers alike. Significant for investors is that through monetizing its data sets, SRAX is growing numerous, recurring revenue streams by way of its different platforms. SRAX is offering everyone in the internet ecosystem choice, transparency and compensation – coupled with a commitment to privacy and data ownership.

For more information, visit the company’s website at www.SRAX.com

NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

Sharing Services Global Corporation (SHRG) Marks Company Milestones, Looks to New Year

  • Posted record-breaking Q1 2019 with revenues of $35.4 million
  • Adopted VERB’s interactive, video-based CRM, sales-enablement platform
  • Sitting at the forefront of paradigm shift in direct-selling industry

Sharing Services Global Corporation (OTCQB: SHRG), a diversified holdings company in the direct-selling industry, has had an exciting year and is looking to the New Year with strategic plans for expansion. A record first quarter, a new video-based CRM and sales-enablement platform, continued organic growth and an influx of entrepreneurs mark company milestones and position SHRG perfectly to advance into 2020.

Headquartered out of Plano, Texas, Sharing Services is committed to leveraging its continued 100% organic-growth momentum on a global scale. The company’s new 10,000-square-foot facility was built with room for growth. Customer service, operations and training rooms, as well as video production on site, are already up and running with room for growth in each area. In addition, the company’s proprietary Elevate product line is available in the United States, Canada, New Zealand and Australia. —

This year brought a few changes for the direct-selling community that promise both challenge and opportunity for companies like SHRG. While direct selling has traditionally been the choice for entrepreneurs interested in creating their own hours and taking control of their income, the desire for freedom is now often satiated with side hustles and a growing gig economy. The lure of the gig economy comes from a minimal need for capital and training. “You don’t need sales skills to be an Uber driver,” Douglas Lane of Lane Research told Direct Selling News (http://ibn.fm/d3WTq). “You wake up, turn on your phone – and customers fall out of the sky.”

While this might sound like bad news for direct-selling companies, the consumer-demand pendulum may be shifting away from convenience in lieu of old-fashioned customer service – and even a desire for safety, as seen in recent headlines (http://ibn.fm/zUAbL). As consumers seek quality experiences with sales representatives who see them as more than a dollar sign, SHRG is well-equipped to fill the void. Dedicated to more than just sales, Sharing Services is in the business of elevating its sales force, or Elepreneurs, and helping them find success and passion on multiple levels. A significant difference between a gig job and what SHRG offers lies in the passion and commitment its Elepreneurs feel for the product and company.

With SHRG, Elepreneurs are given essential tools that enable them to elevate their health, wealth and happiness – culminating in a premium customer-service experience for consumers. Elepreneurs enjoy live seminars and training events, unique compensation and reward programs, and a growing selection of health and wellness products dedicated to elevating the well-being of all people. The goal is to create independent business leaders through mentorship and support, elevating both the individual’s life and the value of SHRG.

In October 2019, SHRG reported record Q1 revenues of $35.4 million, more than double that of 2018’s Q1 (http://ibn.fm/Kj1Rf). SHRG attributes the record-breaking numbers to its highly talented Elepreneurs, who utilize the Blue Ocean Strategy, a simpler, more inventive approach to sales and marketing that focuses on organic growth and elevating lives.

In November 2019, SHRG announced its wholly owned subsidiary – Elepreneurs LLC – had adopted VERB’s interactive, video-based CRM and sales-enablement platform for use by its expansive network of Elepreneurs in the United States. The same application will soon launch in Canada. The VERB model allows for back-end integration and offers interactive video features designed to help Elepreneurs grow their digital capabilities, enabling them to reach customers where they often are – online. Adopting VERB’s video CRM, marketing and sales-enablement applications provides additional tools that will help elevate Elepreneurs even further along their journeys.

People are looking for more than a gig job – they are seeking connections, relationships, healthier lives and happiness. In the process of finding those, they are redefining success and creating a paradigm shift within the direct-selling industry, and SHRG is sitting squarely at the forefront of this growing momentum.

For more information, visit the company’s website at www.SHRGInc.com

NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at  http://ibn.fm/SHRG

Sharing Services Global Corporation (SHRG) Staying Afloat in Evolving Direct-Selling Market Due to Its Blue Ocean Strategy, VERB Platform

  • SHRG’s adoption of interactive, video-based platform and its Blue Ocean strategy address vital criteria for direct-selling success
  • Company’s selling techniques utilize effective online selling tools combined with priceless personalized customer service
  • Sharing Services achieved revenues of $35.4 million for Q1 2019, more than double that of the comparable period in 2018

As technology continues to shape the direct selling industry, major players in the space are realizing that traditional sales strategies are not enough. To remain competitive, it is no longer enough to offer a compelling product at a fair price. While other companies strive to evolve, Sharing Services Global Corporation (OTCQB: SHRG) has hit its stride, having already employed selling strategies that focus on the consumer and the newest shopping trends.

In today’s world of increasing connectivity and choice, industry leaders are shifting their attention to the consumer, realizing that today’s buyers desire a personal connection with their distributors. “Direct Selling News,” a leading industry publication, emphasizes the importance of “recruiting customers” by meeting them where they are, including utilizing technology to connect via social media (http://ibn.fm/Y6hKZ). Sharing Services Global Corporation’s selling strategy combines online technological tools and a specialized, seamless, “priceless” selling experience offered by its independent Elepreneurs, or sales contractors. SHRG’s selling strategies focus on the consumer and newest shopping trends.

SHRG’s Elepreneurs LLC subsidiary, along with its independent sales contractors, now use the interactive, video-based VERB sales-marketing app platform developed by Verb Technology Company Inc. Initially used by Elepreneurs in the United States, VERB will soon be unveiled in Canada (http://ibn.fm/OsTUh).

These selling strategies have resulted in SHRG’s sharp revenue gains. In Q1 2019, the three months ending July 31, SHRG achieved revenues of $35.4 million, more than double that of the comparable period in 2018 (http://ibn.fm/9NbVF). SHRG reported to the SEC record sales of $85.9 million for fiscal year ended April 30, 2019 (http://ibn.fm/Pftqf). This represents a nine-fold increase, or $77.5 million jump, over the company’s revenues of $8.4 million the prior year.

Two elements also contributing to SHRG’s success have been its implementation of Blue Ocean selling strategy and the marketing of a proprietary, best-in-class health and wellness line of products popular with customers. “Our Q1 revenues demonstrate that our Blue Ocean Strategy has taken root and continues to grow in the direct-selling marketplace,” SHRG CEO John “JT” Thatch stated in a news release.

SHRG’s Blue Ocean selling strategy selling makes independent sales contractors more effective. Rather than competing directly in a competitive, direct-selling market, these contractors make competitors irrelevant and succeed in an uncontested marketplace (http://ibn.fm/Iy8U8).

A Direct Selling News article, titled ‘5 Events That Impacted Direct Selling In 2019’, describes the importance in direct-selling of effective mobile, social and cloud technologies. The article quoted direct-selling veteran Wayne Moorhead as saying, “We need to make interacting with us more convenient, seamless and simple. We can no longer expect our customers, prospective customers or distributors to put up with outdated designs, clunky processes and outdated technologies.”

The article also quotes Jeff Kaufman, outgoing chair of the Direct Selling Association’s research committee, saying that direct sellers should not compromise on the “priceless personalized experience” they have with customers.

SHRG achieves this balance of customer-seller interaction and technology use with the VERB platform, supplying support for its Elepreneurs and the marketing and development of its well-accepted health and wellness line. The launch of that proprietary line by SHRG – through its Elevacity Global LLC subsidiary – was a company milestone. The line consists of three sectors: anti-aging skin care, functional beverages and natural supplements (http://ibn.fm/kl6fR). SHRG has generated $129 million in cumulative sales since the launch of its own products in December 2017 (http://ibn.fm/cqlme).

SHRG’s Elepreneurs subsidiary now uses the business-focused, CRM, sales-enablement proprietary platform from VERB. In just the first weeks of using VERB, SHRG received hundreds of five-star reviews on the Apple App Store and Google Play Store. The new VERB sales and marketing app offers sampling and interactive video features that support Elepreneurs’ company objectives.

SHRG is a Plano, Texas-based diversified holdings company that owns, operates or controls a variety of companies engaged in direct selling through independent sales contractors as the sales force.

For more information, visit the company’s website at www.SHRGInc.com

NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG

ChineseInvestors.com Inc. (CIIX) CEO Talks Company Milestones, Goals, Plans to Capitalize on CBD Opportunity

  • Featured on SmallCapVoice.com interview, Warren Wang outlines plans for CIIX subsidiary, CBD Biotech Inc.
  • CBD Biotech one of few players in China’s fast-growing CBD market
  • Company to focus on hemp/CBD-infused cosmetic products

ChineseInvestors.com Inc. (OTCQB: CIIX) provides prominent financial information for Chinese-speaking investors in both China as well as the United States. The company is also a leading hemp retailer looking to capitalize on the growing market for hemp/CBD products in China.

During a recent SmallCapVoice.com interview, CIIX CEO Warren Wang provided updates about CIIX as well as its subsidiary, CBD Biotech (http://ibn.fm/1azD1). In the interview, Wang explains the enormous market opportunity in China for CBD/hemp-infused cosmetic products, such as lotion and anti-aging cream.

While the sale of hemp and CBD oil in cosmetics is permitted, China has not yet approved these products for use in food or medicine; however, given worldwide legalization trends, this is likely to change in the near future. CBD Biotech is an early player in China’s CBD sector, and Wang is optimistic about the company’s future in the promising market. “CBD-infused or hemp-infused cosmetic products [are] still very early stage in China,” he said. “We are only one of few players in the market, and I think 2020 will give us a lot of opportunities.”

The CIIX CEO views the growth of CBD Biotech as one of the major milestones for CIIX in 2019. In mid-November of this year, CIIX’s subsidiary was featured in a Wall Street Journal report about the growing cannabis industry in China. CEO of CBD Biotech SEO Summer Yun said (http://ibn.fm/1XUcw) that “[a]s one of the first movers in the legal industrial hemp skincare and cosmetics market, we are honored to be featured in this recent Wall Street Journal report and believe that this mention validates our efforts in China over the past few years.”

CIIX began in 1999. Two decades later, the company has a promising subsidiary that is poised to become a major player in China’s cannabis industry. While marijuana and THC are still illegal in China, Chinese entrepreneurs are looking to cash in on China’s inevitable CBD boom.

When asked about his goals for 2020, CIIX’s ambitious CEO had a lot to say. Wang noted that plans are in place to consolidate the China and U.S. divisions, with headquarters in China. According to Wang, CBD Biotech has already had more than 40,000 repeat purchase customers, and he believes that the company will continue accumulating customers in 2020 through both B2B and direct sales (http://ibn.fm/StJT1).

“China is a market that you cannot ignore in the next 10 to 20 years in the cannabis sectors,” said Wang, who expressed confidence that CBD Biotech can accumulate millions of regular Chinese customers within the next decade.

ChineseInvestors.com continues to help investors make informed investment decisions and meet their individual financial goals. The company is also at the vanguard of capitalizing on the convergence of CBD and the nutrition- and health-products market in mainland China. ChineseInvestors.com offers investors diverse revenue streams for potential portfolio growth.

For more information, visit the company’s website at www.ChineseInvestors.com

NOTE TO INVESTORS: The latest news and updates relating to CIIX are available in the company’s newsroom at http://ibn.fm/CIIX

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Adds Key Operating Asset and Prepares Operations for Cannabis 2.0

  • Supreme Cannabis to retrofit 107,000 square foot facility; creating centralized manufacturing, processing, packaging center for internal and third-party use
  • Supreme Cannabis releases comprehensive operational update, including plans for producing cannabis 2.0 products from the company’s operating assets
  • SPRWF CEO provides update on company’s plan for focused infrastructure and brands, giving a detailed overview of SPRWF business

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of cannabis companies, recently published a comprehensive press release that provided operational updates on its facilities and plans for manufacturing its cannabis 2.0 products (http://ibn.fm/DR0q6). Shortly thereafter, SPRWF released a strategic update presentation from its CEO in conjunction with the company’s annual shareholder meeting (http://ibn.fm/Y02q9).

In this informative video update, Supreme Cannabis CEO Navdeep Dhaliwal walks investors through an informative overview on Supreme Cannabis and the industry it operates in. The presentation offers a great opportunity for investors to learn more about the Company’s performance in fiscal 2019 and go forward strategy for fiscal 2020 and beyond. Through this 20-minute presentation, viewers can expect to gain insights on the Company’s approach to building centers of excellence, method to developing its branded products and process for attracting top talent.

Highlighted in this video are the strides the company is making towards building out its impressive suite of operating assets that serve specific functions from seed to sale. These developments were announced just prior to the company’s AGM. The press release announced the leasing of a 107,000-square-foot facility in Kitchener, Ontario, which will be retrofitted to operate as the company’s dedicated and centralized manufacturing, processing and packaging center (http://ibn.fm/nhHDk). The Kitchener site will be developed in three stages, with the first phase complete and awaiting licensing.

After receiving a cannabis processing license from Health Canada, packaging and value-added processing can occur. By Q4 FY2020, Supreme Cannabis plans to begin whole-flower packaging and pre-roll manufacturing for Supreme Cannabis brands at the location. To generate additional revenue, Supreme Cannabis intends for the Kitchener facility to package, distribute and brand third-party cannabis inputs from quality cultivators as well as move into more cannabis 2.0 categories.

With Kitchener dedicated to value-add manufacturing, processing and packaging, the company has focused the operations of its other facilities as well. In the same operational update, Supreme Cannabis announced that, after receiving a license amendment that allows for the sale of cannabis 2.0 products, its Blissco facility would fill and package the company’s 7ACRES branded PAX Era vaporizer pods. The company’s Scarborough, Ontario, facility also received a processing license in November and will begin manufacturing concentrates, a product category that will showcase 7ACRES’ best in class flower inputs. The Blissco facility has received a license amendment that allows for the sale of cannabis 2.0 products and will now fill and package the company’s 7ACRES brand PAX Era vaporizer pods after.

As a result of continued focus on both brand elevation and production , Supreme Cannabis Company reported a 62% gross margin for the latest quarter (http://ibn.fm/MhS2d). The continued production of high-quality value-add products is what allows for the company to generate such impressive gross margins.

The Supreme Cannabis portfolio includes 7ACRES, an award-winning brand; Cambium Plant Sciences, a cultivation IP and plant genetics company; Medigrow Lesotho, a Southern Africa cannabis oil producer; Supreme Heights, the investment platform focused on CBD; Blissco Cannabis Corp, a wellness cannabis brand and a multiprocessor and distributor based in British Columbia; Truverra Inc., a global medicinal brand and licensed cultivator; and a brand partnership and licensing deal with Khalifa Kush Enterprises Canada.

For more information, visit the company’s website at www.Supreme.ca

NOTE TO INVESTORS: The latest news and updates relating to SPRWF are available in the company’s newsroom at http://ibn.fm/SPRWF

Sigma Labs Inc. (NASDAQ: SGLB) Recruits Software Industry Veteran to Drive Strategic Initiatives

  • Sigma Labs Inc.’s PrintRite 3D quality-assurance software well-positioned to disrupt evolving 3D printing industry
  • Company recently announced appointment of highly respected software veteran, Mark K. Ruport, as executive chairman
  • Ruport intends to leverage company’s market momentum, accelerate growth, and increase shareholder value

Software companies can prove to be exceptionally lucrative and rewarding when they provide critical solutions to complex problems. Sigma Labs Inc. (NASDAQ: SGLB) is in just such an enviable position. The company is the recognized pioneer in the development and commercialization of real-time, computer-aided inspection solutions for the 3D metal printing industry. The 3D printing industry is poised for explosive growth but has been hampered by the costly sub-par quality yields and complex processes of post-production inspection of 3D printed parts. These parts must meet stringent specifications for use in demanding environments such as aerospace and currently can only be inspected after production using CT scans and other time consuming, costly techniques. SGLB’s innovative technology has disruptive potential in the evolving 3D printing industry.

Sigma Lab’s patented PrintRite 3D quality-assurance software resolves the problem of costly inspection by enabling nondestructive, in-process quality control elements. Unlike anything else on the market, the company’s latest PrintRite3D software integrates inspection, feedback, data collection, and critical analysis into a unified platform. For the first time in the industry, Sigma Lab’s PrintRite 3D allows errors to be corrected in real time in process, leading to reduced costs and increased manufacturing yields.

Sigma Labs’ PrintRite3D has been third party validated for efficacy, and the company has already engaged 19 beta customers with many of the biggest players in the industry. Two of these programs, after realizing the technology’s benefits during the beta stage, have awarded Sigma Labs Phase 2 contracts for its rapid test and evaluation program, the last step before full commercial orders.

To turbocharge these efforts, Sigma Labs recently announced the appointment of the highly respected software veteran, Mark K. Ruport, to the post of executive chairman. Mr. Ruport brings a stellar resume of building companies through strategic relationships, joint development agreements, innovative sales strategies and a focused management of day-to-day operations. Teaming with CEO and board member John Rice, he intends to leverage the company’s market momentum, accelerate its growth and increase shareholder value.

With over 30 years of public and private company experience in the software sector, Mr. Ruport has a wealth of experience in driving value while guiding software companies to success. He played an instrumental role in multiple transactions that have delivered enormous shareholder value.

Prior to joining Sigma Labs, Mr. Ruport served as Executive Chairman of Content Analyst Company, a leading developer of advanced analytics software until its acquisition by its largest customer in 2017. Previously, he served as president and CEO of Configuresoft, a venture-backed Enterprise Systems Management company where Mr. Ruport orchestrated an OEM contract that later led to the acquisition of the company by EMC. Prior to Configuresoft, Mr. Ruport served as Chairman and CEO of Optika, a venture-backed Enterprise Content Management Company that he led from a start-up of 30 employees through an Initial Public Offering, international growth and a successful transaction to merge with Stellent, Inc., which was subsequently acquired by Oracle. Mr. Ruport was also CEO of Interleaf, a public software company and held senior executive positions at Informix (later acquired by IBM) and Cullinet (later acquired by CA, Inc.).

With so many lucrative, successful transactions under his belt, there should be little doubt about Mr. Ruport’s intentions. An industry heavy weight, his appointment to lead Sigma labs should be indicative of where the company is headed. Sigma Labs’ ability to attract reputable industry talent like Ruport is especially noteworthy to investors.

“The ability to have an immediate, tangible impact on Sigma Labs with the apparent adoption of its incredible technology in the marketplace is a unique and exciting opportunity,” Ruport said in a news release (http://ibn.fm/gcaoV). “My focus will be on accelerating our commercial adoption with strategic partners and amplifying the recent success John and his team have achieved. This blueprint is something I am very familiar with given my experience with disruptive companies in the software sector and I look forward to working with the entire team at Sigma Labs to drive forward its strategic initiatives.”

Ruport’s reputation for value driving and securing lucrative transactions bodes well for SGLB’s increasing presence in the 3D printing industry; the company’s “incredible technology” offers lucrative potential for current shareholders.

For more information, visit the company’s website at www.SigmaLabsInc.com

NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Key Operational Hires for Fast-Expanding Business

  • Newly appointed SPRWF COO John Griese brings decades of CPG industry experience and aims to create the most effective supply chain in cannabis industry
  • SPRWF appoints seasoned operations manager to oversee standout 7ACRES brand
  • SPRWF gains regulated operations expertise with the addition of Sándor Wolkensperg as General Manager of the Company’s new Kitchener facility

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) continues to attract top talent in the competitive cannabis space with the recent announcements of several key operational hires. Joining Supreme Cannabis is John Griese as chief operating officer; Dan Sippel as general manager of 7ACRES, the company’s 440,000 square foot cultivation facility; and Sándor Wolkensperg as general manager of Supreme Cannabis Kitchener, the company’s new 107,000 square foot manufacturing and packaging facility. Together, these operations experts bring significant experience to the SPRWF team as the company continues to expand its product forms and enhance its operations.

Supreme Cannabis Company announced the appointment of John Griese as the company’s chief operating officer (COO). Griese brings over 30 years of valuable consumer packaged goods (CPG) experience to the company at a time when it is focusing on becoming a leader in the cannabis CPG space. Griese previously served at the executive level with brands such as Nestle and Pepsico and brings unique operational experience from his tenure as COO for California medical and recreational cannabis companies Creso Pharma Limited and Bloom Farms (http://ibn.fm/HFR8H). Supreme Cannabis Company CEO Navdeep Dhaliwal spoke passionately to the depth of experience Griese brings to the company.

“It is a privilege to welcome John Griese to our maturing leadership team…[h]e has over 30 years of CPG, supply chain, and cannabis experience in the U.S., Canada, Australia, and Europe with companies such as Nestle and Pepsico,” Dhaliwal said in a news release. “His diverse experience, which includes recent cannabis industry experience with Bloom Farms and Creso Pharma, makes him a valuable asset as we scale and optimize our 7ACRES facility, ramp-up oil production at Blissco, and add to our focused suite of best-in-class operating assets. Looking forward, John’s vast business experience in the U.S. cannabis industry will be valuable as we plan for future growth.”

Griese echoed Dhaliwal’s excitement about the appointment and spoke to the company’s potential. “I am proud to be joining Supreme Cannabis as it enters its next stage of growth,” Griese added. “I look forward to working with the teams behind Supreme Cannabis’ impressive infrastructure, award-winning brands, and consumer-oriented products. My decision to join the [SPRWF] team was simple. I wanted to work alongside the most passionate people at a company that was shaping the industry.”

In his new role, Griese will work closely with Supreme Cannabis Company’s general managers at the 7ACRES, Blissco and Truverra facilities, as well as the general manager for the company’s newest facility in Kitchener, Ontario., to ensure a cohesive, efficient operational strategy that can respond to market trends. “I look forward to creating the most effective supply chain in the cannabis industry with the agility to adjust quickly to [the industry’s] dynamic nature,” he said.

Two such general managers recently joined the Supreme Cannabis Company team as well. Dan Sippel joined SPRWF as the General Manager of 7ACRES. Previously, Sippel worked as a plant manager for Natra Chocolate America, Export Packers Seafood Limited, and Sofina Foods. Sippel has consistently delivered impressive results throughout his career, and Supreme Cannabis officials are excited to welcome him for him to join the SPRWF team (http://ibn.fm/UONvL). The new managerial addition of Dan Sippel brings a wealth of relevant expertise to the table; specifically, 7ACRES will draw on his experience with bringing new products to market, increasing productivity and improving the scalability of operations.

Through 7ACRES, Supreme Cannabis has built a reputation for producing top-quality cannabis flower at scale. With a strong position as one of Canada’s leading cultivators of high-quality commercial cannabis, the company looks to expand is operational expertise down the value chain. SPRWF has brought in top talent to manager its newest operating asset, Supreme Cannabis Kitchener, a facility dedicated to manufacturing, processing and packaging internal and third-party cannabis inputs.

The Kitchener Facility will be led by Sándor Wolkensperg, an operations professional with over 30 years of operations experience that includes senior roles at a Fortune 500 company and over ten years of operational leadership positions in the regulated food and tobacco industries, including roles at Maple Leaf Foods and Imperial Tobacco Canada.

Supreme Cannabis CEO Navdeep Dhaliwal was delighted to welcome this individual to the team. “Sándor brings diverse experiences to this new role having previously led food processing, tobacco manufacturing and commercial packaging operations,” Dhaliwal noted. “Our Kitchener Facility will benefit from Sándor’s expertise in regulated operations, experience working on brown-field facility start-ups and track record of successfully leading large teams through transformational periods of growth.”

With a strong team, new expertise from three experienced operations professionals and leading cannabis infrastructure, Supreme Cannabis is well positioned to maintain a competitive position in Canada’s cannabis market.

For more information, visit the company’s website at www.Supreme.ca

NOTE TO INVESTORS: The latest news and updates relating to SPRWF are available in the company’s newsroom at http://ibn.fm/SPRWF

Wonderfilm Media Corporation (TSX.V: WNDR) (OTCQB: WDRFF) Holds Major Appeal with Investors as Industry Enters Golden Era of Streaming Services

  • Sixty-nine percent of U.S. households now subscribe to streaming video services, up from 55% in 2017, leading to higher demand for high-quality content
  • Wonderfilm already has 13 feature films and other content products lined up to meet this constant and growing demand
  • Company expects to generate $100 million in revenue by 2021, $20 million in deferred revenue early next year
  • Global entertainment and media consumer spending to increase at CAGR of 4.4% over the next five years, industry’s global revenue to reach US$2.4 trillion in 2022

Wonderfilm Media Corporation (TSX.V: WNDR) (OTCQB: WDRFF), a leading entertainment company producing internationally appealing, high-quality feature films and episodic television, is working on quality theatrical releases and entertainment content to meet the fast-growing global demand for content caused by the unprecedented expansion of streaming services.

The entertainment industry is going through a golden era of streaming, with demand from major players such as Netflix, Amazon, Disney and Apple being at an unprecedented high as they continue growing their customer base to the detriment of traditional cable television (http://ibn.fm/enpmh).

According to Colling Media, almost a fifth of respondents in a survey stated they had canceled cable television, while 39% of consumers subscribed to streaming services between June and July 2019 (http://ibn.fm/ppyz3). Colling Media CEO Brian Colling compares the choice of streaming entertainment services over cable to that of cell phones over home phones. “Mobile, on-demand, and customized choices triumph every time,” Colling says.

Deloitte analysts report that for the first time in history, a higher percentage of U.S. households subscribed to a digital streaming service than to traditional pay television. 69% of U.S. households now subscribe to streaming video services, up from 55% in 2017 (http://ibn.fm/I6Prd), and PwC research indicates that consumers are willing to spend more to get the content they want, with total global spending on entertainment and media expected to grow at a CAGR of 4.4% over the next five years to reach $2.4 trillion in global revenue by 2022 (http://ibn.fm/Lq7DI).

Consumers’ willingness to spend more on the content they want is an excellent opportunity for companies like The Wonderfilm Media Corporation. To meet this constant and growing demand for content worldwide, the company retains a continuing annual production slate of $58 million and currently has 13 films in or going into production, six of which are scheduled to be delivered in the first quarter of 2020. Eight feature films greenlit for shooting that represent $60 million in production budgets include films such as Amityville 1974, in theatres October 2020, and the action film Inside Game with Tyrese Gibson, in theatres in the fall of 2020. The company is also currently developing secured valuable IP rights, including the Steve McQueen Story and the book adaptation, Merchant of Death.

Wonderfilm makes money from producing fees that are added to the production budget and from overages above the presale threshold. Wonderfilm owns the films after their sale terms end. The company also profits from unsold presale territories, which are countries or territories left off of a film’s presale list.

With offices in Los Angeles and Vancouver, Wonderfilm brings a number of key industry executives with well-established track records of individual success into a new wider business model able to quickly finance and flexibly produce fresh slates of film and television content for US and foreign markets. The company expects $20 million in deferred revenue in early 2020 alone and is positioned to realize $100 million in revenue by 2021.

For more information, visit the company’s website at www.Wonderfilm.com

NOTE TO INVESTORS: The latest news and updates relating to WDRFF are available in the company’s newsroom at http://ibn.fm/WDRFF

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Perpetuals.com Ltd. (NASDAQ: PDC) Completes BayesShield(TM) AI Pilot, Reporting 92% Block Rate on Losing Retail Crypto Trades

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Perpetuals.com (NASDAQ: PDC), a fintech company focused on AI-driven digital asset trading solutions and regulated market infrastructure, announced that it has completed a pilot of its BayesShield(TM) artificial intelligence system, indicating that the technology would have successfully filtered out 92% of losing retail trades in Bitcoin perpetual futures based on a year-long backtest of real […]

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