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Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Products Envision World of Reduced Traffic Accidents

  • Detection systems provide drivers with safety features that cut through all weather and lighting conditions
  • Foresight’s trademark QuadSight system utilizes stereo vision technology, coupled with infrared and visible light cameras, to detect objects under all weather and lighting conditions
  • Additional products are Eyes-On, an advanced ADAS system, and Eye-Net, a cellular-based accident prevention solution
  • ADAS market forecast: $79 billion by 2020 amid automaker demand for safety systems

“Driverless” autonomous and semi-autonomous vehicles are becoming more commonplace despite societal concerns about the risks of not having someone in control as a car speeds along. Forward-facing cameras in many of the latest models of legacy automotive brands allow vehicles to “see” where lane markings are and assess the behavior of other vehicles on the road, giving consumers a growing degree of confidence in their safety, and some companies are taking the capabilities of Advanced Driver Assistance Systems (ADAS) technologies to next-level applications, such as the recently debuted QuadSight system that Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) has developed to detect roadway objects under all weather and lighting conditions.

Basic ADAS systems rely on mono visible light cameras that detect movement, but a variety of companies are introducing more complex systems that may incorporate stereo vision, radar, lidar and infrared sensors. QuadSight is driven by advanced and proven image processing algorithms, utilizing a four-camera set up that includes two sets of stereoscopic infrared and visible light cameras, enabling highly accurate and reliable obstacle detection, even when weather conditions make visibility poor for drivers.

“Vision is the foundation of passenger safety, and vision perfection under all weather and lighting conditions is clearly the breakthrough that vehicle makers need to build consumer confidence in order to accelerate autonomous vehicle adoption,” CEO Haim Siboni stated in a January news release announcing the company’s entry at the tech industry’s annual CES show in Las Vegas (http://ibn.fm/0wAeD).

Foresight Autonomous Holdings is building on the demo version it produced, creating a prototype for pilot projects that will take place on public roads, and the company expects to see the system finished and commercialized during the second half of next year. An autonomous vehicle built on sound quality principles has the potential to improve traffic safety, virtually eliminating the likelihood of texting-while-driving fatalities, for example, or crashes that occur while someone is reaching for an item.

Electronic Design magazine noted that Foresight’s QuadSight system can detect details better than the human eye by using a passive camera system that processes visual input rather than relying on signal response from lidar and radar systems (http://ibn.fm/psYXC). The company has developed three main products; in addition to QuadSight’s visual perceptiveness, Foresight developed the Eyes-On system, a unique stereo vision Advanced Driver Assistance System (ADAS) using advanced algorithms for accurate depth analysis and obstacle detection, and the Eye-Net system, a cellular-based accident prevention solution designed to provide real-time pre-collision alerts to pedestrians and vehicles that are not in direct line-of-sight and not covered by other alerting systems.

The Eye-Net solution is deployed on smartphones and cloud-based servers which rely on existing cellular networks, eliminating the need for designated hardware. It was developed for use in both urban environments and high-speed highway scenarios. In early May, Foresight announced a merger agreement that will spin Eye-Net off into a new wholly-owned subsidiary and then transfer 100 percent of its subsidiary’s share capital to Tamda, Ltd. (TASE: TMDA) in exchange for a nearly 75 percent stake in Tamda’s share capital.

The company has further demonstrated its commitment to traffic safety by investing in RailVision — a company that develops advanced vision systems to manage safety and maintenance issues on railways. RailVision has completed 13 tests of its systems in Israel, where Foresight is based, and throughout Europe.

Infoholic Research has forecast that the autonomous vehicle market will reach $126.8 billion worldwide by 2027 (http://ibn.fm/lvtPa), and Mordor Intelligence foresees a $79 billion market for ADAS alone by 2020 with a CAGR of 28 percent as a result of current demand for new driver assistance systems (http://ibn.fm/8rOdb).

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

Supreme Court Ruling Boosts Potential for Mobile Sports Betting Developer Consorteum Holdings, Inc. (CSRH)

  • U.S. High Court opened door to state-by-state legalization of sports betting on May 14
  • Mobile gaming surpassed $50 billion mark during 2017; illicit sports betting estimates are far higher
  • Consorteum poised to take advantage of potentially explosive market with flexible Universal Mobile Interface™ technology

The Supreme Court’s May 14 ruling that delivered a states’ rights victory to advocates of sports betting (http://ibn.fm/rJKf2) also notched up wins for companies that have maintained multi-jurisdictional presences for online sports wagers, as well as the companies that supply them with the tech, oversight and marketing services they need to operate (http://ibn.fm/6Ko1k). Mobile connectivity player Consorteum Holdings, Inc. (OTC: CSRH) has built its reputation on developing and delivering end-to-end solutions for players in the fintech and data analytics industries, but this month’s announcement that its first app to market is a tool to help cricket sports betting fans analyze statistics and predict outcomes for their favorite cricket teams and players (http://ibn.fm/9h54s) shows that the company is at the forefront of a potentially explosive market.

Nearly 60 million people in the United States and Canada participate in fantasy sports leagues, many of which involve money wagers, according to Chicago Tribune estimates (http://ibn.fm/NNRUa). About half of all American adults say that they’ve bought lottery tickets during the past year, and some 81 million people patronized casinos last year, according to the report. That shows the growing acceptance of gambling since the days when violent gangsters ruled the black market for all forms of betting — whether in Nevada, where it was legal, or elsewhere in the nation, where it was not. Nowadays, gamblers can find casinos in 40 states and lotteries in 44, but until the ruling by the High Court on athletics wagers, sports betting remained legal only in Nevada.

Now, media outlets are touting the expansive potential for a market that already sees $150 billion per year in illegal sports betting in the United States. A CNBC economist disputes the figure, arguing that $67 billion would be a more realistic estimate (http://ibn.fm/xFsLD) based on comparisons with the current legal betting going on in the United Kingdom, but either way, the enormous size of the market potential is evident. Even as the May 14 ruling was being delivered to news reporters, stocks tied to gambling and sports betting began to surge worldwide, and Churchill Downs Inc. announced a day or two later that it would parlay its experience with online horse race wagering to gallop into the sports betting industry (http://ibn.fm/93TNg).

Consorteum Holdings’ first Edgelytics™ predictive analytics mobile app is focused on the game of cricket, which is far from a major sport in the United States but enjoys one of the largest fan bases in the world nonetheless, second only to soccer. The app is expected to be available this summer on all Android and iOS devices, mining historical statistics and providing artificial intelligence to help fans make scientifically more likely predictions about the future performance of “their” athletes.

The app will provide Consorteum with valuable insight on consumer use as the company anticipates its next release. Consorteum’s central product, its Universal Mobile Interface™ (UMI) is a modern-tech platform designed to integrate any stream of data onto a mobile platform. After remarkable growth in the worldwide gaming market last year, mobile devices established themselves as a noteworthy influence by comprising nearly half of the total gaming market’s access platform (http://ibn.fm/iwO2j).

“Exactly 10 years ago, the launch of the iPhone ignited a revolution in games, creating a new market segment that is this year worth around $50 billion. The past years have seen the rise of esports, taking the already popular activity of viewing game video content to a professional level. … Underlying this success are the tools given to consumers to create and share their own experiences around their favorite game franchises,” a November article in Newzoo states (http://ibn.fm/M1aVb).

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

QMC Quantum Minerals Corp.’s (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Exploration of Forgotten Treasure May Boost Lithium Resources

  • Historically developed lithium mine site shows hitherto unexplored resources
  • Electric vehicle battery demand driving lithium supply shortage fears
  • Manitoba generating new excitement as mining companies seek untapped potential

QMC Quantum Minerals Corp.’s (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) exploration of a forgotten treasure in Manitoba’s southeastern climes may yield a significant source of lithium amid exploding demand for the tech-friendly metal during the coming decade. Notably, lithium is on the U.S. Government’s Final List of Critical Minerals for 2018 (http://ibn.fm/tBDMC).

The company’s hard rock mining operation is rebooting a 60-year-old production field that contains 13 adjoining mineral claims across 6,538 acres located some 150 kilometers (93 miles) north of Winnipeg. The Irgon Dike property’s lithium potential has been known since it was developed by The Lithium Corporation of Canada Ltd. (“LCOC”) in the 1950s, but more recent technological analysis is reporting possible resources beyond the estimated 1.2 million tons of lithium oxide-bearing pegmatite graded at 1.51 percent concentration that LCOC identified over a length of 365 meters and to an explored depth of 213 meters (http://ibn.fm/gOU38).

Recent 3-D modeling indicates that exploration and underground development has only occurred on the upper and central parts of the dike, which means that there’s a large part of the dike that may yet yield untapped tonnage. The dike is open both along strike and to depth, raising the likelihood of rapidly firing up the shuttered operation. In the 1950s, a complete mining plant was built at the site to process 500 tons of ore per day, and a three-compartment shaft was sunk 74 meters deep, but work stopped as the lithium oxide market proved too unfavorable for further outlays by the company at the time.

Manitoba’s modern era is a different world from what LCOC encountered, in a variety of senses. Most significantly, lithium has become a promising metal whose current supply levels are expected to fall far short of demand, sparking a race by corporations and national governments to secure supply chains where possible. China’s aggressive bid for 30 percent ownership of lithium triangle corporation Sociedad Quimica y Minera de Chile was rebuffed by the Chilean government last year, raising the specter of political discord before an agreement was reached this month allowing China’s Tianqi Lithium to buy a $4.07 billion stake for 24 percent of the Chilean company (http://ibn.fm/GTlWn).

Much of the reason for lithium’s outlook is that the metal has become a key element of modern devices, whose technology is becoming ubiquitous in society. Smartphone ownership is almost as much of a “necessity” as having a car and reaches a younger demographic than automobile ownership. The batteries powering those phones rely on lithium as a key component but are only a fraction of the use potential exhibited by the batteries for electric vehicles, which are gaining ascendancy as consumers and world governments alike look for ways to reduce the pollutant impact of petroleum fuels powering the traditional auto industry. France and Britain are making plans to end the sale of fossil fuel-powered cars by 2040 (http://ibn.fm/IL5I0), China’s government is pushing for two million EV sales by 2020 (http://ibn.fm/vjXYu) and, in the United States, California is pushing for five million EVs on the road by 2025, with eight other states following that state’s sales target of 15.4 percent EVs by that year (http://ibn.fm/3TXEx).

Manitoba’s mining industry is also acquiring a new level of interest from a variety of exploration companies. The province in Canada’s south-central region has historically had the ups and downs typical of mineral endeavors, but a recent economic summit provided some information on Manitoba’s outlook (http://ibn.fm/JhNyc).

“I was at the mining conference in Toronto back in the beginning of March and I was surprised at the enthusiasm shown for Manitoba by both mining exploration companies and the mining companies,” Growth, Enterprise and Trade Minister Blaine Pedersen said during the event. “We know it’s a long haul. To develop a mine takes a long time but the mining companies and exploration companies were calling Manitoba the untapped jewel of potential.”

The Irgon site assays conducted by LCOC decades ago showed 2.3 percent lithium oxide over 7.3 feet, as noted in a recent report issued by QMC (http://ibn.fm/RHtRA). That puts the deposits there in the high-grade class, commercially feasible at present lithium prices. QMC Quantum Minerals’ portfolio also includes two volcanic massive sulphide (VMS) properties collectively known as the Namew Lake District Project, which has metal-rich mineral deposits over approximately 23,000 hectares (about 57,000 acres) within the productive Flin Flon/Snow Lake VMS mining district of northwestern Manitoba.

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

FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Makes Play for End Zone Fans

  • Sports industry continues healthy growth with four percent CAGR
  • Sports fans are the wealthiest Americans
  • Sports app gives fans an avenue to cheer and vent

The sports industry in America is thriving. With some 60 percent of Americans identifying as sports fans, the revenues from games, accessories, TV rights and hot dogs must be in the hundreds of billions of dollars. Sports fans, it seems, have money to spend, an observation borne out by Gallup, which found that a higher proportion of wealthier Americans are sports fans than their less well-heeled neighbors. FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) is out to score with these big spenders. The company is launching an aggressive digital marketing campaign to launch its Android Sports App.

Even though the sports industry in America continues to grow at a CAGR of four percent, up from $60.5 billion in 2014 and expected to reach $73.5 billion by 2019, according to Forbes, the proportion of American “sports fans” remains steady at around 60 percent (http://ibn.fm/e85Cb). Football tops the list of sports, with 37 percent of respondents choosing it as their favorite. Rounding out the selections, 13 percent chose basketball, 10 percent picked baseball, five percent chose auto racing, four percent went for ice and figure skating and three percent picked ice hockey. Other games, including golf, tennis, soccer, boxing, gymnastics, rodeo, motocross and wrestling, mustered two percent or less.

Not surprisingly, men (66 percent) are much more likely to be sports fans than women (51 percent), and significantly more upper-income Americans (68 percent) regard themselves as sports fans than the 55 percent of middle-income and 54 percent of lower income Americans who do the same (http://ibn.fm/gHqoM). Upper-income Americans have consistently been much more likely than their less wealthy brethren to identify themselves as sports fans. Indeed, taking into account both income and gender, it turns out that 76 percent of upper-income men are sports fans. These are the guys driving industry growth. FANDOM SPORTS is hoping to make them fans… of its Android Sports App, now in its second incarnation.

FANDOM SPORTS Media is a sports entertainment company that aggregates, curates and produces unique fan-focused content. The company was established to allow sports fans to play out and give expression to their passion for their sports of choice. Through the social media environment of the platform, they can express their adoration for their teams and players… and bash the other side. The App facilitates uncensored and unfiltered dialogue and rewards fans with virtual currency for their comments.

To touch base with sports fans, FANDOM SPORTS Media has hired an industry leading mobile app marketing and strategy firm to conduct aggressive marketing outreach (http://ibn.fm/2ASDu). The campaign is designed to increase growth and discovery, drive engagement, refine potential revenue opportunities and better position the FANDOM SPORTS App for the successful rollout of its v2 product, scheduled for release in early Q4 2018. Version 2 of the App is an Android adaptation of an earlier iOS version, which the company will now put into hibernation.

The company is employing the tagline, “Pick a Fight”, signaling it intends to go about acquiring users by an appeal to their competitive instincts… an appropriate strategy in the land of free competition.

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

Earth Science Tech, Inc.’s (ETST) Finalized Audits Provide a Boost to Investor Confidence

  • Company recently announced that its 2015 and 2016 YE audits have been finalized, its Form 10 has been submitted and it has commenced its 2017 fiscal year audit
  • Strategically working to improve treatments for different diseases on a global scale
  • Addressing the national health crisis of opioid addiction

Earth Science Tech, Inc. (OTC: ETST), an innovative biotech company focused on developing medical devices for the pharmaceutical and nutraceutical fields and marketing high-grade hemp cannabidiol (CBD), recently announced that its 2015 and 2016 audit process has been finalized and Form 10 has been submitted. ETST has now begun the 2017 fiscal year audit, which is required to uplist to the OTCQB Venture Market, along with the approved Form 10.

In a news release (http://ibn.fm/Xa90R), Dr. Michel Aube, CEO and chief science officer of ETST, stated, “Transparency is a key tool that we needed to accelerate the growth of our business. Since all of our amazing projects are ongoing with our partners, investor confidence will grow, and we will be able to complete our first big round of financing. We are in touch with institutional and private investors that were waiting for ETST to become a fully reporting company before investing the necessary amount to commercialize our projects. We can now resume our discussions with them.” Becoming a fully reporting OTCQB company is expected to open many opportunities while simultaneously boosting investor confidence. An Audio Press Release (APR) of this announcement is available at http://ibn.fm/itTdR.

Earth Science Tech is a biotechnology company based in Florida that’s focused on the science, research and study of high-grade hemp cannabinoid (CBD) oil as a nutraceutical and dietary supplement. ETST is working to improve treatments for different diseases on a global scale through its subsidiaries: Earth Science Pharmaceutical, Cannabis Therpeutics Inc., Kannabidioid Inc., and Canna Inno Laboratories Inc. Its Earth Science Pharmaceutical subsidiary is focused on becoming a world leader in the development of low cost, non-invasive diagnostic tools, medical devices, testing processes and vaccines for sexually transmitted infections and/or diseases (STIs). Cannabis Therapeutics is also a subsidiary of ETST, and it was formed as an emerging biotech company poised to become a world leader in CBD research and development. In the recreational space, ETST owns Kannabidioid, a subsidiary focused on manufacturing and distributing vapes/e-liquids and gummy edibles. The acquisition of Canna Inno Laboratories in Quebec granted ETST access to the growing Canadian market and government funding. It has already received a supporting grant for innovation in the pharmaceutical industry. The company has plans to apply for additional funding under Canada’s Scientific Research and Experimental Development Tax Credit program.

ETST has also taken on a new fight – opioid addiction. Human clinical trials are scheduled to begin in 2019. With the opioid epidemic projected to claim nearly 500,000 American lives by 2027 (http://ibn.fm/x4tI2), the company seeks to improve the treatment of those fighting dependency. The goal of the study is to reduce the cravings of opioid addicts and reduce the danger of side effects while making the drug more effective. This is just one of many ways that ETST is committed to improving treatments for different diseases worldwide.

Additional transparency, a strengthening of current subsidiaries through new studies and markets, the rise of the cannabis industry, access to government grants in Canada and a commitment to finding solutions to the national epidemic of opioid addiction are all small key parts in a much larger strategic plan for accelerated growth.

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

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Lauds U.S. Supreme Court Decision on Sports Gambling as Positive Move for Cannabis Industry

  • Landmark ruling strikes down federal law that bans states from allowing sports gambling
  • Legal experts posit that the U.S. Supreme Court’s 7-2 decision has important implications for state-legal marijuana programs
  • Sunniva’s core subsidiaries, licensed tenant cultivators gear up to supply multibillion dollar recreational, medical cannabis industries in Canada, California

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically integrated medical cannabis and services provider operating in Canada and California, joins a growing cadre of voices lauding the U.S. Supreme Court’s recent decision to strike down a federal ban on sports gambling. The 7-2 landmark ruling in Murphy v. National Collegiate Athletic Association (http://ibn.fm/qOuwm) is hailed as a positive move for the cannabis industry by legal scholars, cannabis insiders and others interested in cannabis law reform (http://ibn.fm/0wzEc).

There currently are nine states in the U.S. with legalized sales of recreational cannabis on the books – with the District of Columbia legalizing its use, but not sales – while some form of cannabis use is allowed in 30 states and the District of Columbia. Meanwhile in Canada, which has allowed medical cannabis since 2001, lawmakers are poised to finalize a law allowing recreational adult-use cannabis throughout the country sometime later this year.

The U.S. Supreme Court’s decision could have implications for the cannabis industry at large, according to SCOTUSblog’s Amy Howe, who wrote: “Challenges to the federal government’s recent efforts to enforce federal marijuana laws in states that have legalized the drug for either recreational or medical use may also be based on the 10th Amendment” (http://ibn.fm/Ep5ER).

Sunniva is actively targeting cannabis markets in Canada and California as it constructs cannabis grow facilities in both locations and diversifies its products and service offerings. A 126-acre Canada Campus at Okanagan Falls, British Columbia, will house a 700,000 square foot facility with an expected output capacity of 100,000 kg annually (http://ibn.fm/uiM6A). Phase one of the company’s California Campus, a 325,000 square foot greenhouse in Cathedral City, is well underway and is expected to produce 60,000 kg annually once it’s up to full operational scale in Q3 2018.

Sunniva CEO Dr. Anthony Holler notes that the company has received all temporary state licenses required in California. Sunniva’s U.S. subsidiaries hold eight 10,000 square foot cultivation licenses, two manufacturing licenses, one 22,000 square foot cultivation license, one 22,000 square foot nursery license and one 10,000 square foot nursery license. Another seven 22,000 square foot cultivation bays will be leased to selected licensed tenants, with all of Sunniva’s annual state license applications completed and submitted under state mandated deadlines.

“This is a very significant milestone for Sunniva’s operations in California. An important aspect of the licensing process has been completed and now our focus is on completing construction on time and entering into supply contracts with distribution partners, leading brands and creating Sunniva branded products for the California marketplace,” Holler said in a company update (http://ibn.fm/X1s94).

The economic impact of legalized cannabis continues to evolve, with New Frontier Data estimating the state-licensed cannabis market in the U.S. to be worth over $24 billion by 2025 (http://ibn.fm/i6yuw). Support for legalization of cannabis continues to rise, with 64 percent of respondents in a national survey voicing support, according to a Gallup poll (http://ibn.fm/vEFQa). While the full impact of the U.S. Supreme Court’s decision is still being debated, Sunniva and its management team firmly believe the ruling ushers in good news for the future of state-legalized cannabis and related industries.

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

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Technology Boosts Prospects for Smoke-Free Nicotine Future

  • New FDA restrictions on Big Tobacco take effect
  • Tobacco manufacturers turning to ‘reduced-risk’ products
  • No edible nicotine products currently available
  • DehydraTECH improves bio-absorption of nicotine taken orally

Smoking may be a dying trend, but consumption of nicotine is not only very much alive; its longevity is assured by Big Tobacco’s foray into alternative tobacco and ‘reduced-risk’ products. Driven by increased public awareness and government policy, the pressure has been turned up on smokers to quit, and cigarette manufacturers are feeling the heat, as well. New regulations mandating warnings against the adverse health effects of smoking and the addictive power of nicotine have already gone into effect, and the FDA is mulling a plan that would require manufacturers to cut nicotine levels in cigarettes so that they are essentially non-addictive, a proposal that the tobacco industry fears will substantially curtail sales. It is responding by turning to lower-risk technologies that deliver nicotine without the deadly effects of traditional cigarettes, like that developed by Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP). The company, recently uplisted to the OTCQX, has developed technology that allows nicotine to be absorbed without smoking.

The tobacco industry is disentangling itself from cigarettes and smoking, after fighting (and losing) a rearguard action that lasted for 18 years. In 1999, in order to recover funds spent on treating smoking-related health issues, the federal government sued tobacco companies. After hearings that lasted for seven years, a federal district court ordered the companies involved in the suit ‘to make “corrective statements” about addiction and the adverse health effects of smoking using television, newspapers, store displays and corporate websites’ (http://ibn.fm/kWFjs). The industry challenged the ruling, but now, after exhausting the appeals process, has been forced to start the anti-smoking campaign. It has, since 1971, been barred from advertising on TV and radio advertising.

Adding to the pressure are the plans under consideration by the FDA. The agency ‘recently finalized a rule that extends its regulatory authority to all tobacco products, including e-cigarettes, cigars, and hookah and pipe tobacco, as part of its goal to improve public health’ (http://ibn.fm/edJJQ). Previously, such products could be sold without any review of their health risks. The agency says that it is encouraging ‘manufacturers to explore product innovations that would maximize potential benefits and minimize risks.’ It has already approved a number of such products, including nicotine gum, nicotine skin patches, nicotine lozenges, nicotine oral inhaled products and nicotine nasal spray, as well as non-nicotine medications called varenicline and bupropion, reinforcing the consensus that it is smoking and not nicotine that is the problem.

This bodes well for Lexaria, which has developed and is already licensing technology, known as DehydraTECH™, that could allow nicotine to be ingested orally. This is an important development. The human GI system struggles to process nicotine in the forms in which it is presently offered, presenting one reason why there are currently no edible nicotine products available. However, DehydraTECH employs a patented, cost-effective delivery mechanism that improves the bio-absorption and bioavailability of ingestible substances, as well as their taste and smell. It does this by enabling delivery of lipophilic active agents present in such substances. As Big Tobacco casts about for ‘reduced-risk’ products, DehydraTECH may have a role to play.

Application of the technology extends beyond nicotine to non-psychoactive cannabinoids, vitamins and non-steroidal anti-inflammatory drugs (NSAIDs), and Lexaria has licensed the technology to a number of companies, including chocolate maker Nuka Enterprises; cannabis beverage manufacturer GP Holdings; and Biolog, which markets hemp-based, cannabidiol (CBD)-infused products and vitamins. Lexaria is expected to sign 6-12 more licensing agreements in 2018. These are typically six-figure contracts in the first year and potentially seven-figure contracts over the life of the deals. Licensing is a lucrative business model that typically yields 90-100 percent of revenues as profit. The tobacco industry generates about 20 times more revenue than the cannabis industry, and Lexaria’s strategy of disrupting nicotine delivery methods could reasonably be many-fold more impactful than its cannabinoid licensing business.

At present, Lexaria is the only company in the world that has been awarded a patent for the improved (oral or ingestible, including pills) delivery of all non-psychoactive cannabinoids. Patents have been awarded in the U.S. and Australia and are pending in 40 more countries. This puts the company in the unusually advantageous position of owning proprietary technology that can deliver a vast range of non-psychoactive cannabinoid-based drugs. Rather than being a competitor to clinical stage biotech companies, Lexaria is in effect an enabler and partner.

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

Sharing Services, Inc. (SHRV) Acquires Streaming Global TV/Radio Broadcast Network

  • Company acquires Legacy Direct to expand its training and marketing capabilities
  • Legacy Direct provides entrepreneurs live, 24/7 global streaming capabilities
  • Elevating the entrepreneur on a global scale

Sharing Services, Inc. (OTC: SHRV), a company that works to elevate home-based entrepreneurs through support of direct-selling programs, has announced an agreement with Legacy Direct LLC. The agreement gives SHRV complete management control beginning on June 1, 2018, and allows for the immediate expansion of products and services. This acquisition will allow the company to grow training and marketing capabilities and is a win-win for both SHRV and Legacy. “The ability to control the content, the customer dashboard and stream live 24/7 is unparalleled for a direct selling company,” SHRV Chairman Robert Oblon stated in a news release (http://ibn.fm/D3o6n).

Legacy Direct was founded in 2015. It is a leading designer and manufacturer of the latest state-of-the-art home entertainment hardware and streaming platforms. Legacy’s unique system allows anyone to create their own channel and stream original content to audiences everywhere with a pay-per-view option. The company created the B-Vision Network following the FCC deregulation of the broadcasting industry. Its network allows entrepreneurs and artists to showcase their visions on global live TV.

Sharing Services, Inc. believes in elevating the personal businesses and goals of entrepreneurs through network marketing and direct selling. To emphasize this, the company has renamed its home-based partners Elepreneurs, a combination of the words ‘elevate’ and ‘entrepreneur’. The company owns, operates or controls an interest in a variety of direct-selling programs and services targeted at home-based Elepreneurs. The services range from health and wellness to energy, technology, insurance services, training, media, travel benefits and, now, the added benefits of the Legacy Direct platform.

This live streaming global access is one strategic step in expanding direct selling internationally. A recent joint venture with Hong Kong-based Health Wealth & Happiness Ltd. has allowed the company to expand the Elepreneur brand and sell products throughout Asia. Now, with 24/7 live streaming capabilities, SHRV is capable of reaching its full network with room for further expansion.

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

BLOCKStrain Technology Corp. (TSX.V: SR.H) Providing Seed-to-Sale Transparency

  • An intelligent authentic platform centered on transparency and intellectual property
  • WeedMD one of the first federally-licensed producers to integrate blockchain technology
  • Provides a verifiable chain of evidence from genome-to-sale

BLOCKStrain Technology Corp. (TSX.V: SR.H), a full-service software company headquartered in Vancouver, British Columbia, Canada, has developed the first integrated blockchain platform that registers and tracks cannabis intellectual property (“IP”) from genome to sale. The company is dedicated to making the platform safe, comfortable and financially rewarding for breeders and growers of all sizes. The platform protects the intellectual property of producers in the cannabis industry while giving customers full transparency. By combining traditional cannabis culture with modern crypto-technology, the company delivers an intelligent authentic platform that’s powered by the people. It is establishing a single source of truth for cannabis strains and their ownership that is helping fuel technology and innovation for the cannabis industry as a whole.

On March 19, 2018, WeedMD Inc., a company focused on providing medical cannabis to the seniors’ markets in Canada, announced a strategic investment in BLOCKStrain. “WeedMD has amongst the most robust and expansive library of genetics in the industry. After conducting an extensive review of the blockchain technologies being proposed for and utilized in the cannabis sector, we believe that BLOCKStrain is best positioned to protect our intellectual property by further validating and securing our best-in-class genetics,” Derek Pedro, Design, Cultivation and Production Partner at WeedMD, stated in a news release. “Our strategic partnership with BLOCKStrain will position and benefit WeedMD as we obtain and develop new strains to expand our wholesale genetics business and for the benefit of our medical patients.”

With the use of BLOCKStrain, the grower can defend intellectual property rights with an authentic, verifiable chain of evidence embedded in the blockchain from genome-to-sale. Consumers and regulators can leverage the technology to identify where the product was grown and sold, as well as if it meets quality control standards. The platform verifies and tracks critical steps as the cannabis moves through the supply chain, including pesticide use, quality and potency testing, transportation data and additional regulatory information. Both growers and consumers can rest at ease knowing that the origination, care and delivery of the product is held to the highest standards.

For more information, visit the company’s website at www.BLOCKStrain.io

Marijuana Company of America, Inc. (MCOA) Advancing CBD Hemp Farming JV in Scio, Oregon

  • Company’s joint venture (JV) with Global Hemp Group, Inc. covers a 109-acre farm in Scio, Oregon, to support over 20,000 high-yielding CBD hemp clones being purchased to meet the early June targeted planting schedule
  • Company’s hempSMART™ subsidiary focuses on consumer access to the highest quality hemp-derived CBD products
  • Politicians are increasingly getting behind the hemp industry

Marijuana Company of America, Inc. (OTC: MCOA) offers investors the opportunity to be at the forefront of innovation in the legal cannabis and industrial hemp industries. The company’s goal is to create an umbrella under which it will place an array of portfolio companies within the industry.

The company’s wholly owned subsidiary, hempSMART™, is focused on offering consumer access to the highest quality hemp-derived product formulations and is committed to the development of cannabidiol (CBD)-based botanical supplements. Moreover, the company offers the opportunity to distribute its products as part of its affiliate network-marketing model.

Recently, Marijuana Company of America entered into a joint venture (JV) with Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) of Vancouver, British Columbia. Global Hemp Group concentrates on acquiring and/or joint venturing with companies across all sectors of the industrial hemp industry. It does so to build a “soil-to-shelf” portfolio of complementary companies and JV partners. Marijuana Company of America signed the JV Agreement with Global Hemp Group to cultivate legal high-yielding CBD from industrial hemp at its newly acquired 109-acre farm in Scio, Oregon. The initial nursery and propagation rooms have been expanded to an additional attached greenhouse to produce clones for planting in the current season. The farm property is located in the fruitful Willamette Valley, located about 70 miles south of Portland, Oregon.

For the Scio, Oregon, farm, an additional 20,000 high-yielding CBD hemp clones are being purchased to meet the early June targeted planting schedule. The JV has bought five more greenhouses to increase greenhouse space by 12,096 sq. ft. Moreover, Marijuana Company of America and Global Hemp Group are looking into a field analytics software application to optimize farming operations via data collection and analysis.

In a news release, Donald Steinberg, Marijuana Company of America’s CEO, said, “Our evolving project in Scio, Oregon highlights the quality of the team in place as they continue to lean on their many years of experience cultivating hemp.  Activities such as these will help to secure the raw oil that we will need for our hempSMART brand of CBD infused products.”

Politicians are increasingly getting behind the revival of the hemp industry in the United States. For example, Republican Senator Mitch McConnell recently introduced a bill to legalize the cultivation of hemp for farmers throughout the country (http://ibn.fm/Gw57B). In addition, this bill has the support of Sens. Rand Paul (R-KY), Jeff Merkley (D-OR) and Ron Wyden (D-OR). An additional companion bill has also been introduced in the House.

Forbes noted that “Hemp-derived cannabidiol (CBD) is projected to be a billion-dollar market in just three years, according to a new report by Brightfield Group” (http://ibn.fm/gVmuN).

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

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