• QMC discovers additional spodumene-bearing pegmatite dike outcrops on strike with and west of the Irgon Dike
• Irgon Dike strike length now has doubled to 800 meters (2,625 feet)
• The lithium forecasts remain strong due to tech needs and electric vehicle market growth

QMC Quantum Minerals Corp.’s (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) geotechnical field crews recently identified significant spodumene mineralization while evaluating the Irgon Lithium Mine Property, which lies within the prolific Cat Lake-Winnipeg River rare-element pegmatite field. This world-renowned pegmatite field also hosts the nearby Tantalum Mining Corporation of Canada (“TANCO”) pegmatite operation.

The recent discovery of “significant spodumene mineralization” in pegmatite dike outcroppings on QMC’s 100 percent-owned southern Manitoba Irgon Mine Property is leading the Canadian junior to advance its proposed winter drill program. The program is being designed to identify additional lithium resources, which are craved by various industries as the light metal is required in lithium-ion battery production.

Specialized international inspections and testing firm SGS Canada Inc. recently wrapped up review of the data derived from QMC’s Irgon Lithium Project’s mineralized dikes in the Cat Lake region and is guiding QMC’s next steps in exploring its asset (http://ibn.fm/vhNgy). SGS is overseeing a mobile metal ions (MMI) orientation survey over the Irgon dike as a precursor to utilizing this geochemical method on other target areas identified within the property. The MMI geochemical soil survey analyzes mobile metal ions, including lithium, cesium and beryllium, that have been released into the overlying soil profile from underlying bedrock pegmatite mineralization. It is proving to be a very effective tool when utilized as part of an exploration methodology designed to define a site’s mineral potential.

Prior exploration at the Irgon Dike some 65 years ago established a resource estimate of more than 1.2 million tons of lithium oxide (Li2O) grading 1.51 percent over a strike length of 365 meters (1,197.5 feet) and to a depth of 213 meters (698.8 feet). QMC is working toward upgrading this resource to current NI 43-101 standards.

QMC is exploring for additional targets that contain spodumene mineralization within the 4,583 hectare (11,325 acre) Irgon Lithium Mine Property. Recently, the company reported ongoing exploration success, having identified newly discovered spodumene outcroppings located west of the Irgon Dike. It is these discoveries that represent the exploration potential of this project. These numerous mineralized exposures are located directly on strike with the Irgon Dike, with spodumene mineralization having been identified as far as 400 meters (1,312.3 feet) west of the Irgon Shaft. This suggests to QMC geologists that this mineralization is the westward extension of the Irgon Dike, which effectively doubles the length of the strike of the dike and expand the potential for the original historic resource estimate “to be rapidly increased through ongoing exploration,” as the company notes in its October 30 news release about the site visit (http://ibn.fm/eNERI).

“QMC plans to initiate an exploration program in this area, during which this western dike zone will be stripped and washed leading into a program of channel sampling and drilling,” the news release states. “This will allow the company to determine whether this zone is the western extension of the Irgon Dike or if it is an entirely new mineralized pegmatite system. Either way, as this new mineralized zone is being evaluated, it could quickly add potential resource expansion within the Irgon Project.”

The site’s 74-meter (242.8-foot), three compartment shaft was excavated during the 1950s-era work program, and 366 meters (1,200.8 feet) of lateral drifting parallel to the dike was extended off the shaft at the 200-foot level. Unfavorable economic conditions led to the site’s shuttering after the initial work was done, but the ubiquitous use of lithium in tech devices ranging from wearable smart devices to electric vehicle engines has spawned a resurgence in demand for the lightweight metal.

Lithium Investing News’ third quarter assessment is among more optimistic outlooks reporting expectations that demand for the metal will triple by 2025 as lithium-ion battery orders continue to rise (http://ibn.fm/jLVDh). It also noted that a number of new supply contracts had been negotiated and new spodumene concentrate supplies had been introduced from Australia and Brazil.

“This escalation in downstream interest shows that lithium supply remains a key concern throughout the battery supply chain,” Benchmark Mineral Intelligence Senior Analyst Andrew Miller told the news agency.

QMC has invested two years in exploring the potential of the Irgon Lithium Mine Property. Channel sampling on the Irgon Dike has returned encouraging results of 1.73 percent lithium-oxide over 14 meters (45.9 feet). Sampling elsewhere on additional targets in the area has produced concentrations of over 1.90 percent lithium-oxide and one that returned 2.62 percent, leading QMC to maintain its hopes that the Irgon Mine Property will become a center for commercial productivity.

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

• China cracking down on industrial waste pollution
• Country putting new measures in place to encourage companies to find greener methods of waste disposal
• TMSR Holding Company Limited provides patented methods to process and recycle solid waste produced in mining and other industries

The People’s Republic of China has put solid industrial waste at the top of its anti-pollution agenda, with new laws aimed at requiring companies to implement measures to handle the waste they generate, according to a Reuters report (http://ibn.fm/hThPJ).

As a developer and provider of innovative industrial and mining waste management solutions, TMSR Holding Company Limited (NASDAQ: TMSR) is dedicated to offering the mining sector and other industries a means of turning waste into useful materials. Through its patented technology, the company has developed processes to extract usable material from industrial waste, including aluminum slag, red mud manganese tailings, copper mine tailings and iron mine tailings.

Aluminum is the world’s second-most used metal after iron, and China is the world’s biggest producer of aluminum. However, its production poses several serious environmental challenges to the local communities settled around areas where aluminum is mined and refined.

One such challenge relates to tailings, which are the substances left over after the metals have been stripped from ore. Mining tailings, in the form of rock waste, are often left in huge hill-sized piles covering several acres. These hills may be unstable, causing devastating landslides, as in Luoyang, Henan Province, in 2016, when tailings caused a mudslide that destroyed a village (http://ibn.fm/lnDRV).

TMSR, through subsidiaries Shengrong Environmental and Wuhan HOST Coating Materials, holds two international U.S. patents and six patents issued by the People’s Republic of China, including three invention patents and three utility model patents.

TMSR’s award-winning technologies include pollution-free methods of processing and recycling tailings, as well as methods to deal with manganese slag, a substance that poses a health and environmental hazard and which can be expensive to dispose of.

Using these technologies, Shengrong Environmental recycles solid waste from a number of industries in the People’s Republic of China, extracting usable materials in processes that do not release dangerous chemical discharge. The resulting residue is then used to produce construction materials.

Shengrong also produces and sells processes and equipment that provide businesses in the mining and industrial sectors with a greener alternative to dispose of their solid waste.

Recognizing the value of TMSR’s technologies, the government of the People’s Republic of China has commended its technologies and encourages companies across the country to use these processes and products. The government has also included TMSR’s products in its official procurement list.

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

• Company fulfilled purchase orders from British Columbia, Nova Scotia and Ontario in-full and on-time for October 17 adult-use market opening and is preparing re-stocking shipments following sell-outs
• Flowr launched new Ace Valley brand in partnership with the team behind the highly successful Ace Hill Beer
• Company broke ground on a first-of-its-kind, 50,000 square foot R&D facility funded by its exclusive R&D partner, the Hawthorne Gardening Division of the Scotts Miracle-Gro Company. Facility is expected to open in the summer of 2019 alongside Flowr’s cultivation complex in Kelowna, BC

October has been a busy month for Canadian cannabis companies, perhaps none more so than premium cannabis company The Flowr Corporation (TSX.V: FLWR).  The Company, which began trading on the TSX Venture Exchange in late September, bucked industry trends by completely filling its purchase orders from three provinces before adult use legalization, launched a new cannabis brand in partnership with the team from Ace Hill Beer, broke ground on its first-of-its-kind R&D facility, and kicked off its medical sales program.

Throughout early October, Flowr announced it was fulfilling orders for its premium cannabis products from provincial authorities in British Columbia, Nova Scotia and Ontario on-time and in-full in anticipation of the October 17 opening of recreational use markets.  By reaching and fulfilling supply agreements with these provinces, Flowr products became available to more than half of Canada’s population.

Since October 17, several provincial authorities have reported that they have been unable to meet customer demand, in part because some suppliers were unable to deliver the volume of products for which they had accepted orders. Flowr not only met its initial supply commitments but anticipates additional shipments in the coming weeks to complete pre-existing or supplemental orders.  These shipments will make Flowr’s premium cannabis available again to consumers.  Many varieties of Flowr’s products sold out in provincial stores even though it is priced in line with its premium quality.

Flowr also announced in early October that it had formed a partnership with the team behind Ace Hill Beer to create a new cannabis brand, Ace Valley.  Ace Hill has grown from a start-up into one of Ontario’s most popular beer brands in just a few years by marketing authentic, easy to understand, craft products.  Ace Valley, Flowr executives said, marries Flowr’s high quality cannabis with Ace Hill’s marketing expertise, particularly with millennial consumers.

Ace Valley launched with two strains of cannabis and focuses on packaging in pre-rolled joints for ease and portability.  The Ontario Cannabis Store website showed the Ace Valley pre-roll products sold out within the first day of sales.

“Our team is working incredibly hard to ensure we are delivering a great experience to consumers, our provincial partners and our investors,” said Vinay Tolia, Flowr’s CEO.  “We’ve said all along that our cultivation team is our competitive advantage and its proving out in multiple ways – in our ability to fully understand and deliver on our capacity and in our ability to grow premium cannabis that there is real demand for along with a willingness to pay premium prices for it.”

Flowr also broke ground on its highly anticipated research and development facility in mid-October.  The facility is North America’s first R&D facility dedicated to advancing cannabis cultivation techniques and systems.

The company was selected by the Hawthorne Gardening Division of the Scotts Miracle-Gro Company (NYSE: SMG) as its exclusive Canadian cannabis R&D partner (http://ibn.fm/vB4u7). Scotts is funding the 50,000 sq. ft. facility.  Hawthorne selected Flowr for this alliance based on the technical expertise of Flowr’s design, build and cultivation team under the direction of Flowr Co-Founder Tom Flow.  Flow is widely recognized for his cannabis thought leadership and expertise building and operating cannabis cultivation facilities.  He also co-founded MedReleaf which recently was acquired by Aurora (TSX: ACB) for C$3.2 billion.

At the groundbreaking, Flowr Chairman & Chief Strategist Steve Klein said, “Flowr’s partnership with Hawthorne is more than just an acknowledgment of the talents and track record of Tom Flow and our cultivation team.  We strongly believe it will also help us sustain our competitive advantage in cultivation and remain at the forefront of industry innovation.”

The alliance makes Flowr one of only three Canadian cannabis companies with a business partnership with a publicly traded U.S. company along with Canopy (TSX: WEED) – Constellation (NYSE: STZ) and Hexo (TSX: HEXO) – Molson Coors (NYSE: TAP).

Just a day after going public, the company announced that it was beginning direct sales of its FlowrRx medical cannabis brand (http://ibn.fm/6PASI). Under the sales license it obtained from Health Canada in August, the company is allowed to sell to both the medical and the adult-use recreational market in Canada.

Initially available to a limited number of customers who will have access to a wide range of cannabis strains, FlowrRx will be sold through the company’s website but also be distributed in multiple medical clinics via distribution partnerships. Products in the line are grown in the Okanagan Valley of British Columbia using Flowr’s proprietary cultivation systems and strict pharmaceutical quality production standards.

“FlowrRx’s premium cannabis is grown to provide our clients with the medicinal benefits they seek and, most importantly for their care, a consistent experience,” said Flowr Chief Policy and Medical Officer, Dr. Lyle Oberg.

Committed to offering all clients easy access to the products they want and need, the company has focused on developing a medical sales program centered on the patient, that delivers premium quality products, convenient access and extensive support. This includes multiple strains of FlowrRx brand flower featuring the company’s award-winning Delahaze cultivar, known for its powerful and invigorating effects.  Flowr also offers a convenient and discreet online medical documentation process complete with an online consultation with a healthcare professional for clients obtaining medical documents for the first time, and personalized support from the company’s team of client care nurses.

Founded by MedReleaf co-founder Tom Flow and a team of industry pioneers, successful start-up executives and top industry scientists, The Flowr Corporation is headquartered in Markham, Ontario, and has production facilities in Kelowna, BC.  It is constructing a flagship 85,000 square foot cultivation facility using proprietary growing systems and designs and engineered meet pharmaceutical quality production standards. It is currently operational at approximately 20 percent, with the remaining 80 percent scheduled to come online early in 2019.  The facility is expected to produce more than 12,000 kilograms of premium cannabis flower per year once it becomes fully operational.

Flowr’s goal is to be the leading supplier of premium, non-irradiated cannabis to the Canadian medicinal and recreational-use markets. Klein said, “We think there is going to be a shortage of high-quality flower in Canada in both the medicinal and recreational markets. We’re focusing on meeting the demand there initially.”

In interviews (link to piece about Midas Letter Vinay Tolia interview), executives have said Flowr intends to pursue other growth opportunities including potentially expanding the Ace Valley brand to include beverages, export opportunities, genetics, plant and seed sales opportunities, as well as branching into providing other form factors of cannabis products such as edibles and vape products when they become legal in Canada.

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

• As its range of media and tech activities grows, NUGL is working to expand its internal operations
• The company has recently acquired two cannabis industry magazines and has launched its own culturally-based NUGL Magazine
• NUGL is creating the first of its kind specialized community that will help cannabis industry entities connect with each other

To fuel better marketing efforts and to support sales, NUGL Inc. (OTC: NUGL), the cannabis industry’s new standard of technology, has expanded its internal operations, according to a company press release (http://ibn.fm/j4WPJ). The move is also intended to support the company’s newly launched NUGL Magazine.

As a part of the expansion, the company hired five new consultants who will be responsible for managing content distribution, increasing the effectiveness of the company’s online presence and overseeing national advertising sales.

Additionally, NUGL has announced several new marketing and sales positions. These include a regional sales representative for Los Angeles, a national sales representative and a digital marketing manager to monitor and expand the company’s online presence.

NUGL CMO Ryan Bartlette said that the company is growing fast and the monetization of this growth will begin in November 2018. Following the acquisition of Nichols Publishing Company and its two magazines at the middle of October, and the launch of the NUGL Magazine, the company will work on enhancing its digital footprint.

The new NUGL Magazine will cover the effects of the legal cannabis industry on everyday lives and culture. Topics from cooking to music trends will be addressed in relationship to the mainstream acceptance of cannabis.

Digital channels and technology are also beginning to play a major role in the legal cannabis industry. Software for supply chain management, artificial intelligence (AI) engines and ecommerce websites are all shaping up the face of the cannabis industry today.

NUGL is on the cutting edge of developing organic data analysis solutions that are focused on the cannabis industry. The company has accepted the challenging task of creating the largest cannabis business networking platform in the world. As cannabis ads are banned on other mainstream social networks, NUGL’s team has seen and seized an opportunity for specialized platform development (http://ibn.fm/3YzvC).

Currently, NUGL has its specialized search apps and an online directory – two solutions that aim to deliver unbiased search results through the complete elimination of paid top positioning or one-sided reviews. Both B2B and B2C applications have been made available to enable both type of connections within the digital realm.

Through its efforts, NUGL hopes to establish a virtual community that serves the needs of companies specializing in the legal cannabis sector and of consumers. Currently, this community is expanding rapidly because of the growing number of dispensaries, vape shops, service providers, lawyers, doctors and other brands specializing in the field.

The cannabis industry is generating a lot of interest because of its rapid growth over the past few years. Cannabis sales are projected to exceed $146 billion by 2025 (http://ibn.fm/l2HjO). Between 2018 and 2025, the global marijuana market is anticipated to achieve a massive CAGR of 34.6 percent (http://ibn.fm/0iBs8).

While medical marijuana is making the bulk of the sales right now, the legalization of recreational use in various states is also contributing to the growth of the sector. The recreational industry is projected to reach a volume of $8 billion by the end of 2018 (http://ibn.fm/yFNdq).

For more information, visit the company’s website at http://ibn.fm/NUGL

• Company announces new investor relations website
• Victory Marine Holdings is working on increasing brand awareness and offering a comprehensive range of services that create value for shareholders
• The luxury vessel industry is currently on the rise; investing in a yacht company has become a viable option for generating revenue

Victory Marine Holdings Corp. (OTC: VMHG) has announced a renewed focus on ensuring effective communication with shareholders and potential investors. The company is putting effort in enhancing brand awareness and the launch of a new website is one of the steps towards achieving the goal, according to a press release (http://ibn.fm/FTwTP).

The new investor relations website can be found at www.VictoryMarineHoldings.com. This new digital communication channel will enable Victory Marine Holdings to ensure both transparency and market visibility. Regular updates will be published online to maximize awareness about the latest business developments.

Victory Marine Holdings is a recreational marine provider that specializes in offering clients a one-stop experience for all of their recreational marine needs. Through its subsidiaries, Victory Marine Holdings provides brokerage and consulting assistance. Currently, the company ranks as one of the leading luxury vessel sellers in the world.

These operational specifics enable Victory Marine Holdings to provide expert advice to clients and to also facilitate the acquisition of a yacht through its partnerships with industry leaders such as Mazu Yachts, Heliotrope Catamarans, Johnson Yachts, Sunreef Luxury Catamarans and others.

The company is located in Miami, Florida – a place that’s often called the “yacht capital of the world.” With over 20 years of experience, Victory Marine Holdings is a business to watch. Sustainable growth in the field of luxury vessels that’s powered by economic stability over the past few years will also inevitably have a serious impact on the future development of businesses like Victory Marine Holdings.

Positive economic trends have contributed to higher sales volumes of both new and pre-owned yachts. Recreational marine spending in the United States in 2017 totaled $39 billion, an increase of seven percent from the previous year. Florida led the nation, with boat and accessory sales totaling $2.9 billion (an increase of 10 percent on an annual basis), according to National Marine Manufacturers Association data (http://ibn.fm/chzKl).

These numbers suggest that marine sales have reached a 10-year high. Manufacturers are currently operating at full capacity to meet the serious demand. The delivery of some luxury products can take over 18 months. This is one of the reasons why Victory Marine Holdings has undertaken steps to establish its own pipeline. The management is negotiating with luxury vessel manufacturers to begin building the company’s own private label design.

Yachts are typically the ultimate symbol of status and class. While most people see this as a leisure opportunity, some rely on the assistance of consultancy companies like Victory Marine Holdings to generate profit from the ownership of a yacht. Buying a yacht for part-time use and offering it as a charter vessel is just one of the possibilities (http://ibn.fm/WWdOI).

Investing in a yacht company may be an even better idea for those who would like to generate profit in the industry. The best investment opportunities revolve around companies that aren’t just yacht sellers but that focus on a comprehensive range of solutions for current and potential luxury vessel owners.

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

• Cannabis enters the mainstream as California and Canada legalize adult use
• Cannabis retail sector flourishes to satisfy demand
• Bespoke payment platform provides compliant payment processing to cannabis retailers

Now that Canada, Uruguay, the District of Columbia and nine U.S. states have legalized cannabis for recreational use, if cannabis still cannot be considered to be in the mainstream, there is no doubt that it soon will be. Apart from the jurisdictions that allow adult use in 30 countries around the world, medical marijuana is legally available. This is in addition to the 30 U.S. states and DC that have laws permitting the use of cannabis for medicinal purposes. These legal developments have, naturally, given rise to a flourishing cannabis retail sector, which Net Element, Inc. (NASDAQ: NETE) is supporting with novel payments infrastructure. The global fintech provider has launched a secure and compliant payment-processing platform aimed at the legal cannabis industry (http://ibn.fm/EpYHA).

Products containing cannabinoids, particularly cannabidiol (CBD), which is not usually subject to the same restrictions as delta-9-tetrahydrocannabinol (THC), are now increasingly found in retail outlets other than pot shops or cannabis dispensaries. Availability has spread to natural food stores, beauty salons, cafes and doctors’ offices. Many of these establishments may encounter difficulties because of their involvement with cannabis. Payment processing and compliance for the legal cannabis industry has become increasingly complex. The payment solution from Net Element is designed to alleviate those troubles. Developed by Unified Payments – a Net Element subsidiary – the platform addresses the challenges by offering a compliant, seamlessly integrated payment solution that makes transacting simple.

Unified Payments is one of the leading providers of bankcard payment processing services and value-add solutions in the United States. The company’s technology enables small and medium-sized merchants to accept cashless transactions for their merchandise and services by providing point-of-sale equipment and transaction processing. These services come bundled with merchant business analytics, risk management, fraud detection, 24-hour/seven-day-a-week merchant assistance and support and chargeback management services.

Unified Payments has also developed a gift card application for smart payment terminals. First launched on POYNT, the omni-channel gift and loyalty platform lets small and medium-sized enterprises (SMEs) issue new cards, add value, transfer value between cards, accept payment utilizing physical or virtual cards, void payment, check the card balance and replace the card if needed. Merchants can access transactions via POYNT’s smart payment terminal, as well as online on Net Element’s SalesCentral reporting system.

Through a recent deal with Payment Club, Inc., Unified Payments launched subscription-based payment processing services (http://ibn.fm/mdDPi). Unified Payments’ newly created subscription-based billing engine allows Payment Club and many Independent Software Vendors (ISVs), Value Added Resellers (VARS) and Independent Sales Organizations (ISOs) to bill and manage any payment services and software licenses in a convenient and transparent way. The turnkey solution includes everything needed for businesses to accept payments in a multi-channel environment, including smart point-of-sale devices for card present transactions, fully integrated point-of-sale systems and online and mobile solutions developed exclusively for Payment Club by Net Element.

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

• In updated coverage report, SeeThruEquity projects that ETST will hit $2.2 million in sales for FY2019 based on its CBD product distribution and planned ‘As Seen On TV’ campaign
• Direct response TV campaign seen raising awareness for ETST, which is eyeing growth for its line of hemp-derived products, planned pharmaceuticals and medical device introduction
• A positive factor cited by the report was ETST’s uplisting to the OTCQB market; it also sees naming of celebrity Kevin Harrington as its direct response TV spokesperson as sales catalyst

Earth Science Tech, Inc. (OTCQB: ETST) is estimated by research firm SeeThruEquity, LLC to reach sales of $2.2 million in FY2019, then $7.1 million by FY2020, as the company expands its product line and media visibility in the growing legalized CBD market and fast-growing subcategory of hemp-based CBD (http://ibn.fm/FkAwY).

ETST has been moving quickly in several areas to position itself for growth. The company has announced that it is in talks with an organic CBD grower and processor for it to provide an exclusive business/supply agreement that will give ETST a consistent industrial hemp source. It has also announced that it is formulating a full spectrum cannabinoid (CBD) beverage through its provisional patent via its research with the University of Central Oklahoma focused on improving immune system functions (http://ibn.fm/D6gcm).

ETST is a biotech company based in Doral, Florida, marketing and developing CBD products, as well as dietary supplements, for the pharmaceutical and nutraceutical fields. The company is focused on the cannabidiol, pharmaceutical and nutraceutical sectors, as well as the development, through subsidiaries, of medical devices and research. ETST’s goal is to become a world leader in the CBD space.

Kevin Harrington, a TV celebrity, has been named spokesperson in the company’s direct response TV ads for its high-grade CBD oils. The “As Seen On TV” campaign will run for a period of 12 months and will feature 60-second ETST commercials aired in 10 regions and networks 300 times, it said (http://ibn.fm/cUrnC).

It is also moving ahead on the development of its Hygee medical device, finalizing an agreement with Groupe Opmedic Inc. and its Procrea Fertility Laboratories for lab services to detect sexually transmitted infections (STIs) in women using Hygee (http://ibn.fm/N0TZp).

On the CBD front, ETST is in discussions with an organic grower and processor for an exclusive business/supply relationship that offers the company its outdoor organic industrial hemp plants, mixing, extraction, bottling and packaging on an exclusive basis (http://ibn.fm/4FzWv).

ETST holds several wholly owned subsidiaries. Cannabis Therapeutics is an emerging biotechnology company. KannaBidioiD manufactures and distributes in the recreational sector. Earth Science Foundation, Inc. is becoming a non-profit and accepts grants and donations to conduct additional studies. Earth Science Pharmaceutical develops medical diagnostic tools and vaccines. It also formed subsidiary Canno Inno Laboratories Inc., a strategic Montreal, Canada-based company that provides ETST with access to government grants.

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

• Providing the only FinCEN-compliant online bank account for licensed providers in the cannabis industry
• Provides consumers with the convenience of cashless purchases
• Solves cash-handling issues for dispensaries

Green is one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry and is offered to merchants and consumers by Medical Cannabis Payment Solutions (OTC: REFG). The company’s state-of-the-art system eliminates the need to deal in cash-only transactions and provides licensed providers the only available online bank account that is in full compliance with FinCEN and the Cole Memo.

Cannabis is a controlled substance on the federal level, regardless of state laws. For this reason, many financial organizations deny financial services to dispensaries, deeming them too risky. Banks are federally-backed institutions and are bound to the federal laws.

However, the inability to acquire traditional banking services puts merchants and consumers at risk. Cash-only businesses run safety as well as accounting risks. Green eliminates these risks by providing a cash-free card processing service.

For the consumer, Green provides the same convenience experienced through the purchase of other products. Consumers have become accustomed to operating cash free, and REFG is working to make sure that all options are on the table. Currently, consumers can link their Green cards directly to a bank account, allowing for cash-free purchases. The company is also working with First Bitcoin Capital Corporation to allow for the future use of cryptocurrency payments with Green. Customers will soon be able to utilize the cash-alternative options of approved cryptocurrency, like bitcoin and Weedcoin, at state-licensed dispensaries. This allows for convenience and choice on the part of the consumer, making the purchase of cannabis even simpler.

For state-licensed dispensaries, Green provides online bank accounts, solves cash handling issues and offers electronic payment and ecommerce features. The account, which merchant clients can sign up for online, gives immediate access to funds and ensures that the dispensary is staying FinCEN-compliant in its transactions. Business owners are able to pay bills, payroll and anything else, straight from the Green account.

REFG solves the fragmentation problem by identifying tools that are important to dispensaries and shaping Green to meet those specific needs. Green provides the consumer with convenience and choice while ensuring that the merchant is operating safely, legally and efficiently. It’s a win for everyone.

For more information, visit the company’s website at www.Take.Green

• Phivida’s vision is to help lessen the world’s dependence on pharmaceuticals
• The company comprises two main brands
• Phivida recently talked about the removal of CBD from Schedule 1 of the Controlled Substances Act

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) is a premium functional food and beverage company. Its focus is whole plant nutrition and natural ingredients. As a result, it infuses organic active hemp extract into an array of premium foods, beverages and clinical products. Phivida’s corporate mission is to help reduce the world’s dependence on pharmaceuticals and provide healthy food and beverage choices. Phivida is headquartered in Vancouver, British Columbia, and has its U.S. office in San Diego, California.

Phivida’s business model consists of two main brands – Vida+ and Oki. Vida+ focuses on providing premium, clinical grade full spectrum hemp oil extracts and capsules that are distributed across the U.S. through alternative health care clinics. Oki is the company’s newly launched lifestyle brand of functional beverages and supplements infused with active hemp extract and will be available to consumers in up to 2,400 natural specialty store locations within the U.S.

Recently, Phivida Holdings talked about the removal of cannabidiol (CBD) from the U.S. Drug Enforcement Administration’s Schedule 1 list of controlled substances. In a news release, Jim Bailey, president and chief executive officer of Phivida, said, “We see this reclassification of CBD in pharmaceuticals as a good sign that will bolster the growing awareness of CBD as a substance that delivers many benefits, and opens the door for other CBD-based treatments, in line with the recent FDA approval of a drug to treat childhood epilepsy.”

The expectation is that the cannabidiol industry will grow to $2 billion by 2022 (http://ibn.fm/Yml4a). New Frontier Data noted that, “The U.S. CBD market is primed for expansive growth across its three primary sectors, hemp-derived CBD, marijuana-derived CBD and pharmaceutical CBD.” Phivida Holdings is leveraging this growth with its innovative new products designed with the discerning consumer in mind. The company’s initiatives, by way of its three subsidiaries, have Phivida on course for exponential growth in a fast-developing sector.

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

• LALPINA THC-infused beverage already has its prototype based on American Premium Water’s unique hydro-nano technology
• This technology will speed up further development stages, ensuring the early launch of the product
• American Premium Water is working on distribution agreements in both the U.S. and Canada

American Premium Water Corp. (OTC: HIPH) announced the development of a tetrahydrocannabinol (THC)-infused beverage prototype based on the company’s proprietary hydro-nano technology. Upon the official launch of the finished product, American Premium Water will be the first company on the market to begin offering a hydro-nano-infused THC beverage (http://ibn.fm/uub3W).

American Premium CEO Ryan Fishoff said that the beta version of its LALPINA Hydro-Nano THC beverage is an extension of the company’s technology, which will speed up the development process in the future. There’s potential for the product to become available on the market in the first quarter of 2019 or sooner, Fishoff added.

The specialized technology developed by American Premium Water ensures an absorption rate of up to 90 percent more in comparison to standard THC and CBD beverages. This way, the active component can penetrate cells almost immediately and bypass the bloodstream.

Currently, American Premium Water is discussing the distribution of its beverage in U.S. dispensaries, as well as in Canada.

Previously in 2018, American Premium Water launched its LALPINA Hydro CBD beverage. By October, the company had already successfully negotiated a third party distribution deal. Initial sales went beyond estimates, and American Premium Water has been negotiating with additional distributors, as well. The creation of a THC-infused beverage puts American Premium Water in a good position during such negotiations.

The company is pursuing distribution opportunities in Canada, following the legalization of cannabis in the country. Adult use became legal on October 17, 2018, and forecasts suggest that the sector will generate $3 billion in sales by the end of 2018 (http://ibn.fm/ViNmG). By 2022, the sum is forecast to reach the even more impressive $5.4 billion, combined for both the medical and recreational markets.

Fishoff said that the legalization in Canada and the development of the THC-infused beverage both provide room for growth and extension of American Premium Water’s distribution channels. Additionally, the company’s headquarters in Los Angeles result in excellent understanding of one of the biggest markets in the US. According to Fishoff, American Premium Water can rely on an array of marketing events that will be rolled out in the months before the launch of its new beverage. These events will enable American Premium Water to make full use of its geographic advantage.

American Premium Water is a diversified holding company headquartered in Playa Vista, California. The company manufactures, distributes and markets branded consumer goods. Its portfolio of holdings caters to the needs of a health-conscious market and luxury connoisseurs.

Over the past years, American Premium Water developed its specialized nanotechnologies for the purpose of creating unique beverages. The LALPINA portfolio includes the CBD-infused product that’s already on the market and the THC-infused beverage in the process of development. The mix of hydro and nano technologies increase solubility and bioavailability of the active component for maximum benefit to the user.

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