• Cannabis companies are facing financing problems, because the big banks will not take them on as customers
• Dama Financial is focused on making transparent banking services readily available to the cannabis industry
• Dama Financial offers turnkey services to clients looking for safe, sustainable and modern financial/payment options

Although more than 30 states have legalized cannabis use in some form, the majority of businesses in the field are having a hard time gaining access to banking services, leading to the emergence of specialized ancillary services to fill this gap. Dama Financial, a San Francisco-based private company, is one of these service providers, aiming to provide secure online and mobile-friendly banking services to cannabis-related businesses through its bank partners. Dama administers the provision of such solutions as an agent of its partnering financial institutions.

Founded by financial and payment industry veterans, the company is driven by a passion for innovation and solving complex business problems, ensuring value for its stakeholders.

Operating a cash-based business can be challenging due to various risks. These challenges are even more pronounced in the cannabis field due to the limited availability of financial services. Dama believes that reputable cannabis-related businesses deserve the same range of financial services as more traditional companies.

Dama Financial can help cannabis-related businesses create a safe environment for their employees and customers by reducing cash on hand, enabling them to pay their vendors and employees either electronically or by check, receive fund transfers effortlessly and ultimately run the business more efficiently and scalable.

Dama Financial engages in comprehensive due diligence process following the Know-Your-Customer (KYC) guidelines associated with the Bank Secrecy Act (BSA). All of the information provided in a funding application is verified, and an onsite visit to the company’s primary address is conducted to confirm the licensed business.

Once the application is processed and approved, the cannabis-related business will receive financing through one of Dama’s bank partners. Dama Financial will manage the delivery of the service on behalf of the bank partner.

In essence, Dama Financial provides turnkey services that are specifically created for the needs of the cannabis industry. Dama’s customers have access to a secure armored cash pickup and deposit service, a secure online account center that’s available 24/7 for the electronic transfer of funds to and from approved partners, real-time transaction alerts by phone or email and access to the services of a dedicated relationship manager.

Cannabis businesses applying for a Dama account need to have a current state-issued cannabis license. Cannabis licenses are not required for ancillary businesses.

Regardless of the fact that cannabis business legalization is advancing, companies in the field are still facing financing issues (http://ibn.fm/ctLlR). Cannabis remains illegal under federal law and banks are often reluctant to work with industry representatives. Current research suggests that only one in 30 banks or credit unions across the U.S. will accept a cannabis company as a customer. Even in such instances, cannabis-related businesses are charged hefty fees for the financial services being provided.

This is the primary reason why the services provided by Dama Financial are so important and could help promising cannabis enterprises succeed by providing them with the financial and banking tools needed to fund their growth and development.

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

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

• An August report published by MoneyShow brands Trxade Group as “an undiscovered market leader that should continue to capture more market share in the years to come”
• Trxade Group’s mission is to empower the nation’s 24,000 small-community-focused independent pharmacies through a strength in numbers approach that helps make them more competitive with larger outlets
• The company offers a web-based platform that maintains market intelligence on over 200,000 medications – both generics and brand-named pharmaceuticals – and provides pricing and supply alerts to members to help them secure the best possible prices
• Trxade Group’s efforts presaged a legislative drive to improve healthcare free trade practices across the country amid heightened concerns regarding independent pharmacies
• Trxade Group delivered a 129 percent year-over-year revenue increase in its most recent financial results

Pharmaceutical services company Trxade Group Inc. (OTCQB: TRXD) made a favorable impression on The Bowser Report editor Faris Sleem, who noted recently in a MoneyShow report (http://ibn.fm/898zI) that “TRXD is an undiscovered market leader that should continue to capture more market share in the years to come.”

The company markets a tech-supported suite of services that help small-town, independent pharmacies compete strategically with larger big box-related outlets through a strength-in-numbers approach to obtaining inventory, managing inventory and delivering it to customers.

Trxade Group’s business-to-business, web-based operation revolves around a system of proprietary databases and algorithms that identify pharmaceutical products that are likely to be in short supply. The company’s proprietary, self-manufactured algorithm helps it identify where supply shortages may occur and enable pharmacies to work directly with drug suppliers, playing on market competition to obtain the lowest possible prices for the products.

As a result, the pharmacies may realize a significant benefit in the reduction of their annual purchase costs. Subscribers to the service can view products from manufacturers, wholesalers and buying groups with almost real time market data and a level of cost transparency that was not readily available to them in the past.

Trxade Group has signed up more than 10,650 independent pharmacies on its trading platform, which is nearly 44 percent of the registered independent pharmacies operating nationwide, and Trxade Group’s numbers have continued to grow.

The nation’s independent pharmacies have increasingly found themselves becoming an endangered species as retail has trended toward large-scale volumes, and as the healthcare industry has been burdened by increasing costs coupled with increasing demands for services and decreasing quality of reimbursements from insurers. State and federal legislative bodies from coast to coast have recently taken an interest in measures to ensure fair competition related to the market pressures that play on small, independent pharmacies, striving to provide a measure of regulatory relief (http://ibn.fm/EHinA).

Trxade Group’s model draws on the hometown, community-favoring history of independent pharmacies to establish a national network environment that sustains a friendly relationship between pharmaceutical buyers and sellers through transparency-promoting protocols. The company maintains an extensive portfolio of generics and other pharmaceuticals on its platform, with options for pricing alerts and analytics from over 200,000 medications listed under The National Drug Code.

“Trxade Group in time is becoming the epicenter of good pharmaceutical practice and fair trade at a time when healthcare law has just begun to focus on cost cutting and efficiency,” President, COO and Director Prashant Patel stated in a message posted on the company’s website (http://ibn.fm/gAdKs). “We offer the missing piece to the new Affordable Care Act by helping reduce pharmaceutical costs and thus play a major role in tomorrow’s new healthcare era.”

Chairman and CEO Suren Ajjarapu recently reported a 129 percent year-over-year increase in company revenues for the second quarter as independent pharmacies have worked to be more aggressive in sourcing medication (http://ibn.fm/jtkff).

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

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

• CloudCommerce’s CEO discussed innovation and strategy in an exclusive NetworkNewsAudio interview
• CLWD recently filed a Form 1-A with the SEC for a Reg A+ public offering
• The company is planning a public offering of up to $20 million of preferred stock to qualified investors
• The company recently launched SWARM, a proprietary, audience-driven business-intelligence solution

Tech company CloudCommerce Inc. (OTCQB: CLWD) is ready to take on enterprise clients. That’s the message from CEO and President Andrew Van Noy. In a recent NetworkNewsAudio (NNA) interview with Stuart Smith of NetworkNewsWire, Van Noy discussed the company’s achievements to date and its strategy going forward (http://ibn.fm/9VD9a).

CloudCommerce has acquired a number of businesses with the aim of creating a comprehensive, digital, end-to-end marketing solution to offer clients. This M&A period was followed by a period of consolidation, when the technologies and operations of the subsidiaries were integrated. The result has been the company’s flagship solution – an audience-driven, business-intelligence, digital-market offering christened SWARM (http://ibn.fm/oomlw). Now armed with a potent mix of technology and professional services, CloudCommerce is in a strong position to help its clients identify who they’re talking to, what they should say to their customers and how to get those customers to take meaningful action.

As Van Noy explained, CloudCommerce excels in executing end-to-end campaigns that assist clients in promoting their brands and increasing revenues. The company starts by looking at first-party data, which is subjected to a variety of sophisticated analytical tools, with the aim of better understanding the client’s audience and the type of messaging that would be most appropriate. First-party data consists of information gleaned from clients’ own internal systems.

The first-party data is then mapped and compared to data compiled from external sources and curated by CloudCommerce. This process allows audience profiles to be refined, increasing the effectiveness of marketing communications, while also opening the possibility of attracting new customers. After clients better understand who they’re talking to, as well as who they should be talking to, the CloudCommerce creative team creates messages and designs apps that specifically cater to those audience segments, based on some of the attributes the data has uncovered.

Although some of the elements of the campaigns may seem superficial or trivial, such as size of font or color or imagery, each element affects the impact of marketing communications. The final stage is the execution of the crafted campaign on various digital platforms, such as Facebook. To date, CloudCommerce clientele has been mostly SMEs. Emboldened by success in that sector, Van Noy reports that the company has now begun to tackle higher-margin enterprise businesses.

CloudCommerce recently announced that it has filed an offering statement on Form 1-A with the Securities and Exchange Commission (SEC) to offer up to $20 million of preferred stock to qualified investors at a price of $25 per share in a Regulation A+ public offering. The preferred stock will pay an annual dividend of 10 percent, with payments being made monthly.

CloudCommerce will seek to have a market maker file an application with FINRA in order to have the preferred stock quoted on the OTC market. According to the SEC filing, the company will use net proceeds from this offering for general corporate purposes, including working capital, with unused funds being invested in investment-grade, interest-bearing instruments (http://ibn.fm/8geb2).

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

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

• The new high-end product line solidifies Geyser’s position as an early mover in the hemp-based health and wellness market
• STōND features an array of natural skin care and wellness products that are 100-percent natural and formulated with cannabis sativa hemp oil
• The product line consists of body lotions, massage oils, mud masks, headache roll-ons, joint creams, anti-wrinkle serums and others

A newly launched luxury hemp-based product line positions Geyser Brands Inc. (TSX.V: GYSR) as a leader in the cannabis wellness market. STōND is a line of 100-percent natural self-care products formulated with cannabis sativa hemp oil and features a wide range of products such as massage oils, body lotions, body scrubs, lip balms, mud masks, headache roll-ons, pain gels, joint creams, solid face serums and anti-wrinkle serums.

In a press release announcing the new line of products, the company noted that hemp is a source of potent polyunsaturated fats that play a key role in maintaining overall skin health and moisture content (http://ibn.fm/KfD94).

Geyser Brands announced that it plans to extend STōND into the regulated cannabis space with the substitution of CBD for hemp seed oil in the very same product formulations. “The STōND products come in sustainable packaging with the belief that we need to take care of ourselves as well as our environment,” Geyser Brands Chairman Brad Kersch said in a news release. He also added that the company is in the final stages of opening its ecommerce platform for online sales.

Geyser Brands is a consumer wellness brand cultivator and owner. The company develops and markets hemp-infused health and wellness products including topicals, edibles and beverages, as well as pet-health products and foods.

The company’s proprietary NanoFusion technology plays a key role in these developments. The efficacy of many hemp products on the market is restricted due to the fact that the molecules are insoluble in nature. As a result, the active ingredients cannot readily penetrate the skin and enter bodily systems to deliver the desired results. NanoFusion is an advanced delivery system that delivers active ingredients directly to the bloodstream for an optimal effect.

The hemp-derived and CBD health and wellness niches have recently experienced significant growth, and projections suggest that they will continue growing in the years to come. The CBD cosmetics market alone is expected to expand at a rate of 31.3 percent per year in the period from 2019 to 2025 (http://ibn.fm/n9kuS).

Overall sales within the CBD field are skyrocketing. The entire sector is anticipated to expand at a rate of 107 percent per year by 2023 (http://ibn.fm/85fso). CBD product sales in the U.S. alone are expected to increase by 706 percent in 2019 to reach $5 billion. In comparison, the value of CBD products sold over the course of 2018 was $620 million.

Several factors are contributing to this rapid growth. Regulatory changes in the U.S., a higher level of consumer awareness, general retailers stepping up and anticipated legalization in Canada are all playing important roles.

Companies like Geyser Brands are building their product portfolios right now to capitalize on the growth that’s expected in the years to come. Currently, the company operates a 15,000-square-foot, GMP-certified manufacturing space that is in compliance with Health Canada standards.

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

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

• The 5G network evolution of wireless telecommunications is promising mobile consumers greater channel capacity and speed, as well as creating new business opportunities for network services provider Spectrum Global Solutions
• Spectrum Global Solutions recently announced $3.3 million in new contracts for existing clients and new clients intent on securing their places in the 5G-enabled era
• The announcement follows a similar announcement, in August, of $3.6 million in new contracts, primarily for 5G capacity upgrades, as well as a key three-year contract with a tier 1 carrier to which it has previously provided outside plant labor, construction and maintenance services

The arrival of 5G networks and their promise of far greater cellular technology connection speeds and capacity than those currently available – perhaps up to 100 times faster than current peak 4G LTE times (http://ibn.fm/eas5y) – heralds the dawning of a new age of mobile network services to a public that’s increasingly dependent on those services and the infrastructure that supports them.

Telecommunications network builder and service provider Spectrum Global Solutions Inc. (OTCQB: SGSI) is in demand as an experienced company supporting the mobile networks end-to-end, from initial construction to the ongoing maintenance of established infrastructure, and it recently announced that it has received an additional $3.3 million in contracts for new clients, as well as existing clients previously served by the company and its subsidiaries.

The work orders primarily involve network upgrades for U.S. carriers preparing to be competitive in the 5G era and come on the heels of similar new contracts that underscore Spectrum Global Solutions’ technical prowess and reputation for delivering quality in its services.

“Our recently signed contract with a tier 1 infrastructure aggregator has already begun to generate purchase orders for professional engineering and design services for a new 5G network in a major metropolitan area,” CEO Roger Ponder stated in a news release announcing the latest work orders (http://ibn.fm/IWnqh). “In addition, we have received new purchase orders for DAS installations at a number of high-profile indoor facilities as well as work orders for tower audits, investigations and improvements with a major utility for their multi-state communications network.”

The tier 1 contract features a confidential three-year agreement with a carrier for which Spectrum has previously provided outside plant labor, construction and maintenance services, but the previous, similar contract generated more than $17.5 million in revenue, Spectrum stated (http://ibn.fm/zAOgT).

The DAS installations involve building a network of antennas for sending and receiving cellular signals on licensed frequencies to provide voice and data connectivity for end users. On August 22, Spectrum announced $3.6 million in new contracts across all its subsidiaries, much like the more recent announcement, as the company was employed to help establish 5G data networking for hospitality facilities in advance of the upcoming Super Bowl (http://ibn.fm/lXbEG).

“We continue to see strong demand for our professional services, as more and more clients realize the need for additional professional and technical staff to support ongoing projects,” Ponder added. “Our enterprise solutions vertical continues to win new projects in support of our client’s network expansions and modifications.”

Spectrum operates across the United States, Canada, Puerto Rico, Guam and the Caribbean, and opened the way for international interests when it announced the acquisition of German energy infrastructure technology company WaveTech GmbH in July (http://ibn.fm/LYIbf).

Four major carriers have introduced 5G services in limited metropolitan areas of the United States, building initially on “5G NR” (5G New Radio) software that relies on existing 4G LTE networks until the carriers finance their own standalone infrastructure for better operations (http://ibn.fm/Vjacc). The technology’s infrastructure is expected to hinge on millimeter wave antennas that are smaller and have a shorter-range reach than the microwave antennas in current use (http://ibn.fm/wbKbS).

“As we continue to expand our service offering to support the rollout of 5G, which requires a large number of small cell deployments rather than a fewer number of larger towers as was traditionally seen, our opportunity pipeline continues to grow at a rapid rate,” Ponder stated in August.

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

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

• Bitcoin and other cryptocurrencies are expected to grow further amid numerous indications of an impending global economic recession
• Xalles Holdings recently entered a revenue sharing relationship with automated cryptocurrency trading engine ATN Trading
• Customers can link their Binance or Coinbase accounts to the engine to trade several currencies and will pay a fee only when profit is made

Many proponents of cryptocurrency are viewing signs of a possible economic recession as the potential foot in the door for a decentralized financial system, such as bitcoin, to take root. The Chinese yuan is plummeting as the U.S. fuels trade war. The European Central Bank is taking desperate measures to support the EU’s struggling economy. All of these aspects and more have given a large number of institutional financial commentators cause for concern over the state of the global economy, as press reports suggest (http://ibn.fm/HgBwo).

Additionally, finance experts have concerns over the future of fiat money, which is increasingly vulnerable to centralized control. A clear sign of the changing times is that more and more large banks are working on their own cryptocurrency strategies. Another is that the U.S. Federal Reserve is cutting interest rates, and U.S. President Donald Trump has been one of many to encourage negative rates. According to former banker Oswald Gruber, negative interest rates will eventually lead to a further decline in the financial sector, with fiat money losing value day after day.

Decentralized systems such as those of cryptocurrencies could become a valid alternative, offering the benefit of not being directly impacted by governments, banks or brokers. A number of sectors are already calling for the decentralization of power due to issues ranging from banking control in the wake of the 2008 global downturn to social media after Facebook and other data scandals.

Against this backdrop, fintech holding company Xalles Holdings Inc. (OTC: XALL) has partnered with All The Numbers Trading Company, LLC (d/b/a ATN Trading) to enhance distribution of the latter’s powerful, automated crypto trading solution. In September, Xalles announced an agreement between its fully owned subsidiary, Xalles Financial Services Inc., and ATN Trading, through which the companies will share revenue from the distribution of ATN’s crypto trading engine (http://ibn.fm/KQnDV).

Fast and efficient trading is key to the profitability and success of cryptocurrencies such as bitcoin, Ethereum, and Litecoin, which are traded 24/7 and can be highly volatile. ATN Trading’s automated engine makes it possible to trade cryptocurrencies quickly and efficiently, not unlike the ‘trading bots’ used by major financial establishments and expert traders. “After months of testing ATN Trading’s system, we are highly impressed with the results; it exceeded our expectations,” Thomas Nash, CEO of Xalles Holdings and president of Xalles Financial Services, said in a news release. “We selected ATN Trading as our revenue sharing partner because of the integrity of the platform and its unique pricing model. This is an excellent opportunity for us to profitably participate in the cryptocurrency investment market segment.”

Xalles plans to make cryptocurrency trading and other related services more accessible to clients for large and small traders. The company is also looking to integrate tokens into its rewards program designs.

Xalles is a fintech holding company that’s always on the lookout for fintech growth and acquisition opportunities, aiming to become the main payment system provider in strategic partner solutions. Xalles devises customized approaches to help businesses augment their market presence and achieve success in their financial transaction system offerings by providing various levels of investment services and funds.

Admittedly, cryptocurrencies still have a long way to go before they can become as established as fiat currencies. At any rate, changes in the financial status quo are good news, with cryptocurrencies being likely to significantly disrupt the current financial system in the foreseeable future. Xalles, which leverages blockchain and other technologies for payments, e-commerce, payment-auditing solutions and financial reconciliation, is committed to enacting positive change in the sector.

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

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

• Elevacity Global products are designed to elevate health and happiness for consumers
• Happiness is ‘built right into’ Elevacity products, which are formulated around four key hormones
• Elevacity Global products are a fundamental piece of SHRG’s opportunity, spurring impressive growth in the direct-selling space

Sharing Services Global Corporation (OTCQB: SHRG) is a diversified holding company that owns, operates or controls an interest in an array of companies specializing in the direct-selling industry. Through its wholly owned subsidiaries – Elepreneurs and Elevacity Global – SHRG offers its independent sales forcea unique line of health and wellness products focused on elevating the health and happiness of its consumers.

Happiness is built right into Elevacity’s products, which fall into three main categories: anti-aging skin care, functional beverages, and natural supplements (http://ibn.fm/QX8VN). Each product was designed around Elevacity Global’s’ proprietary D.O.S.E. formulation, which is based on four hormones that promote well-being and ultimately enhance happiness. Those four hormones are:

• Dopamine, a neurotransmitter responsible for numerous functions, including memory, sleep, mood, pleasurable reward, behavior and cognition;
• Oxytocin, a unique chemical created by the body that enhances feelings of love;
• Serotonin, which is made from the essential amino acid tryptophan and sends signals between nerve cells; and
• Endorphins, which are known as the body’s natural opioids and can help a person feel happy and relaxed.

Elevacity’s products are a fundamental piece of the Sharing Services opportunity, which is carefully designed to empower its home-based independent sellers, or Elepreneurs, with the ability to achieve healthy minds and bodies, happiness in quality of life, and wealth accumulation. SHRG products, services, and business opportunities together create an unmatched direct-selling option in an industry expected to reach $192.9 billion in 2018 (http://ibn.fm/ovoIX). With more and more people desiring the flexible, independent lifestyles found in direct selling, SHRG’s numbers are only expected to grow in coming years based on current performance.

SHRG and its subsidiaries are perfectly positioned in this burgeoning global industry. In addition to its proprietary product lines, Sharing Services provides its Elepreneurs with a unique platform to market its products and services through relationship marketing and social-media engagement. The result is 100% organic growth and record-breaking monthly sales and quarterly financials.

Sharing Services Global Corporation is focused on reshaping how entrepreneurs build their businesses in today’s modern world. SHRG leverages the capabilities and expertise of companies that either sell products direct to the consumer through independent representatives or offer services in the health and wellness space.

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

• Petroteq resumed oil production in Utah following a facility upgrade aimed at maximizing production capacity
• The company’s clean oil extraction technology is much more environmentally friendly and capable of bringing down production costs per barrel in comparison to similar technologies
• The company announced that it will be holding a conference call in December 2019 to provide an update on its operating results and financial status

As the world is moving toward more environmentally-friendly processes, technological advancements like those introduced by Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) are becoming increasingly important for the oil field.

Petroteq’s Clean Oil Recovery Technology (CORT) makes it possible to extract oil from ground surface oil sands without the production of waste or greenhouse emissions. The technology also doesn’t require the use of water or high temperatures. The only product returned back to nature upon the completion of the extraction is clean sand.

The company’s ability to employ this technology is enhanced by a recently completed upgrade at its Utah Asphalt Ridge facility. As a result of the program, Petroteq improved its resource sands separation process.

Through the upgrades, Petroteq plans to consistently increase production and potentially enhance cash flow in what is currently a much more favorable pricing environment, Peteotreq CEO David Sealock said.

Petroteq initiated its facility upgrades to overcome challenges posed by the coarseness of the Utah sands. The facility upgrade will help the company process a higher volume of sand ore per day with a quality that better matches the needs of the local refineries.

In October, the company resumed operations and, according to Petroteq Executive Chairman Alex Blyumkin (http://ibn.fm/g33VZ), “Petroteq and our strategic partners are very excited about the potential future of this technology as the first in Utah and the USA to commercially produce surface oil sands reserves.” All of the upgrade work has evolved Petroteq’s environmentally friendly technology from a batch to a semi-continuous production process, Blyumkin added.

In December, the company will review its operating results following the resumption of operations. Petroteq has scheduled a conference call for the end of the year to release an update about its operations and financial situation. Additional details will be provided as the date of the conference call approaches.

Petroteq is a Canadian-registered company engaged in the development and implementation of proprietary technologies for environmentally safe extraction of heavy oils from oil sands, shallow oil deposits and oil shale deposits.

For more information, visit the company’s website at www.Petroteq.energy

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

• CIIX subsidiary CBD Biotech Inc. has expanded into seven powerful Asian markets
• The Southeast Asia e-commerce market is projected to reach $230 billion by 2025
• Via Shopee, the company has access to over seven million active buyers across multiple countries

ChineseInvestors.com Inc. (OTCQB: CIIX), a provider of financial information and services to a global Chinese speaking community, announced that its wholly owned subsidiary, CBD Biotech Inc., has expanded into six new countries and a new region of China (http://ibn.fm/CbhnZ) – seven significant markets. While CIIX is still focused on its original mission of providing financial information in the Chinese language character sets, its subsidiary is making a name for itself in the emerging global CBD market.

CBD Biotech has created a product line designed for the international Chinese market. The announcement of the subsidiary’s expansion follows on the heels of six new hemp-infused skincare products that were designed and launched to increase brand loyalty and awareness (http://ibn.fm/MNwe0). As additional product launches are already being planned, CBD Biotech appears to be assertively riding the wave of the burgeoning cannabis market.

“We expect to continue this momentum with the anticipated launch of three additional skincare products before the end of 2019,” CBD Biotech Chief Financial Officer Alex Hamilton stated in a news release. “As a first mover in the CBD skincare industry in China, we are encouraged by U.S. market trends in the last year, which we believe strengthens the overall acceptance of CBD, including the passage of the 2018 Farm Bill which authorizes the sale of many CBD products, including skin-care and cosmetic products, and the recently announced acquisition of Lord Jones (private) by Cronos Group (NASDAQ: CRON) for $300 million. We believe we are moving in the right direction, in the right markets.”

CBD Biotech does seem to be moving into the right spaces at the right time, and credits its recent expansion to its newest sales channel, Shopee. A popular Singaporean e-commerce platform, Shopee boasts four million registered businesses, 200 million app downloads, 30 million social media fans and over seven million active buyers. It is currently the largest e-commerce platform in Southeast Asia and is tapping into a quickly growing e-commerce market, one that is expected to reach $230 billion by 2025 (http://ibn.fm/650ti).

“This dynamic and very popular platform in Southeast Asia has allowed CBD Biotech to execute on our plans for expansion throughout Asia,” stated Hamilton. “Thanks to Shopee, we are now in seven major markets: Singapore, Malaysia, Thailand, Indonesia, Vietnam, Philippines and Taiwan, China.”

The expansion through Shopee is a vital part of the company’s strategic plan to build a loyal customer base while also expanding geographically. CBD Biotech is committed to meeting the same high standards that CIIX has held since its inception. As CBD Biotech CEO Summer Yun noted the company’s goal, he hopes that “when one thinks of CBD skincare/cosmetics, CBD Biotech is the first name that comes to mind.”

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

• Major U.S. telecommunications carriers are increasing spending on 5G infrastructure
• Spectrum Global recently announced a key contract win with a Tier-1 infrastructure aggregator
• SGSI boasts a global track record of more than 150,000 projects in its 34-year history

With the sign-off of an agreement to provide 5G support services to a U.S.-based, Tier-1 telecommunications infrastructure aggregator, Spectrum Global Solutions Inc. (OTCQB: SGSI) continues its mission to build and service end-to-end communications networks at home and abroad. 5G rollout is proceeding at a rapid pace, and expenditure on infrastructural projects is climbing. Spectrum is well positioned to capitalize on this rising TELCO CAPEX.

Cellular phone technology has come a long way since the 1G (first-generation) analog systems of the 1980s that transmitted voice communications and little else. The shift to digital in the early 1990s, with 2G systems, allowed texting, and, just before the turn of the millennium, 3G made the web accessible from mobile devices. Circa 2008, 4G LTE (long-term evolution) came along, which drove everything 10 times faster. 5G is faster still.

Today’s fastest 4G modems max out at 2 Gb/sec, while 5G’s maximum speed is 20 Gb/sec. Moreover, 5G’s high speed is coupled with near zero latency: about one millisecond (0.001 sec). Latency is the time lapse between sending and receiving information when devices communicate. By comparison, human reaction time is 150-300 milliseconds.

Among the many possibilities, 5G’s real-time potential appears to be well suited to self-driving cars. Imagine a future where hundreds of real-time connected cars travel down a highway, each knowing exactly where every other car is without any human input. No accidents, in other words. This halcyon scenario isn’t possible quite yet because the necessary infrastructure isn’t in place. But change is in the air.

5G uses high-frequency millimeter waves as opposed to the lower-frequency waves employed by present cellular technologies. But unlike their larger-wave cousins, millimeter waves can’t travel farther than a few hundred meters and can’t travel through walls or bad weather. As a result, major carriers are building an entirely new infrastructure of transmitters, located every few hundred meters, to facilitate 5G. Driven by increased spending from Sprint and T-Mobile, CAPEX by the four largest U.S. carriers – AT&T, Sprint, T-Mobile and Verizon – rose to $55.71 billion in 2018, up from $53.72 billion in 2017, according to S&P Global Market Intelligence (http://ibn.fm/jy0X7). This will undoubtedly increase as AT&T and Verizon expand their 5G programs, with engineering service companies such as Spectrum benefiting from the largesse.

In addition, the company recently announced a key two-year, nationwide, engineering-services contract with a Tier-1 infrastructure aggregator in support of 5G network deployment efforts. The contract is for outside-plant engineering services surrounding an optical fiber-fed, 200-plus site, metropolitan-area 5G infrastructure deployment (http://ibn.fm/pEnNW).

“We are pleased to announce another Tier-1 contract win supporting the rollout of a 5G network in a major metropolitan area in the United States,” SGSI President Keith Hayter stated in a news release. “We continue to see ramping demand for our services to power the 5G connectivity revolution, the infrastructure spending for which we expect to continue unabated for the next several years.”

The engineering services company has a global track record of successfully executing more than 150,000 projects since commencing operations 34 years ago. The future looks bright for 5G because, unlike previous technological generations, the technology is about more than mobile phones. Its real-time latency capabilities may be just what the IoT needs to get going.

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

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