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FuelPositive Corp. (TSX.V: NHHH) (OTC: NHHHF) Appears Poised to Disrupt Traditional Ammonia Manufacturing

  • FuelPositive continues to make strides in delivering carbon-free ammonia solution; poised to disrupt traditional NH3 manufacturing, responsible for some of the world’s most concentrated CO2 emissions
  • Company has issued an update about its current operations, completed financial transactions and plans for the future; management is optimistic about the positive outlook as opportunities continue to unfold
  • FuelPositive continues to build financial, IP and human resources as it develops first-of-its-kind modular and scalable NH3 technology
FuelPositive (TSX.V: NHHH) (OTC: NHHHF), a provider of commercially viable and sustainable clean energy solutions, forges ahead, poised to capitalize on the growing opportunities relating to energy-efficient technologies. The company has issued an update on its operations, completed financial transactions and plans for the future (https://ibn.fm/1W9bP). In the update, FuelPositive has shared that all announced initiatives are advancing as planned, while the company’s financial standing has been fortified with additional financing. To support ambitious plans for the future, the company has also continued to grow its core team and put in place the foundational intellectual property protection for its ammonia and hydrogen technology. The statement of Ian Clifford, FuelPositive’s CEO, encapsulates the enthusiasm about the company’s future. “We are in a strong position overall and are pleased with the opportunities unfolding for us to continue to build shareholder value in the company,” he said. The company has fortified its balance sheet with CAD 5 million, after successfully completing private placement with the US institutional investors’ institutional financing last month (https://ibn.fm/hWcGW). This transaction allows it to fully fund Phase 2 Hydrogen-Ammonia Synthesizer commercial prototype systems for Carbon-Free Ammonia (“NH3”) production developed in partnership with National Compressed Air Canada Ltd (https://ibn.fm/KTNs7). In addition, the company has filed for patent protection for its “Modular Transportable Clean Hydrogen-Ammonia Maker” with the United States Patent and Trademark Office (https://ibn.fm/uGUmZ). This flagship technology allows for the in-situ production of carbon-free ammonia (“NH3”), providing an innovative solution to several environmental concerns that can be used across multiple industries as NH3 production is completely sustainable, using just water, air and sustainable electricity. FuelPositive appears poised to create a powerful team that will make its ambitious plans possible. The company is led by Ian Clifford, the Director, CEO and Founder, an industry veteran with more than 25 years of experience in technology and marketing, and supported by Dr. Ibrahim Dincer, who serves as a scientific advisor. Dr. Dincer, who is internationally recognized as a pioneer and leader in sustainable energy technologies, is responsible for creating the carbon-free ammonia production technology that the company is commercializing. But, FuelPositive will not stop here. Committed to further growing the team, FuelPositive will announce additions as new team members join the company. The company also appears poised to make complementary acquisitions to expand its sustainability footprint across carbon-free ammonia, power generation, and enabling technologies amid the growing market need for energy-efficient and environmentally friendly technologies. For more information, visit the company’s website at www.FuelPositive.com. NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF

The DeFi Conference 2021 Highlights The Power and Potential of Decentralized Finance

5th August 2021 The Blockchain Industry continues to grow with DeFi solutions attracting significant capital investments. Decentralized finance helps to create a transparent and community-based finance system that could help transform the future of global finance. Entrepreneurs, CEOs, liquidity providers, academics, venture capitalists, economists, regulators, and people interested in DeFi finance are invited to attend the free 1-day online DeFi Conference 2021 organized by Bitcoin Events. Bitcoin Events is the pioneer events company to host world-class bitcoin and blockchain conferences in Africa. The conference, being held on 5 August 2021, will feature two tracks with 35 influential speakers from around the world sharing their opinion and expertise on Decentralized Finance (“DeFi”). As DeFi is being touted as the future of the finance industry, the event will offer in-depth information on Decentralized Finance (“DeFi”), with topics covering financial inclusion, open finance, and the challenges in compliance, security, adoption, and regulation. Exhibitors will also get a chance to meet attendees and establish business relations. The highlights of the DeFi Conference 2021 are:
  • 35+ Word-Class Speakers and veterans of the DeFi space will share their views on the disruptive products, services, and platforms that they have built and the challenges surrounding these products.
  • 2 tracks with one dedicated to DeFi and the other one to NFTs. These tracks will feature interesting topics on innovative DeFi ideas and the latest developments in the decentralized finance space.
  • Connect with influential industry personnel across a spectrum of industries like insurance, finance, trading, investments, and so on.
The imminent thought leaders visiting the conference will cover topics on global compliance and regulation, the latest global trends in these spaces, and the challenges faced by the DeFi Industry. The DeFi conference offers a powerful platform for attendees to network with the thought leaders of the bitcoin space. Attendees will also gain insights into 
  • Consumer demands of the future
  • How DeFi can be applied for financial inclusion and greater participation in the financial ecosystem
  • Global compliance, adoption, and regulation measures
  • Real-world case studies from companies leveraging the power of DeFi Solutions
  • Developing robust strategies for the successful implementation of DeFi solution
DeFi is still in its teething stages. As the demand for decentralized finance and the need for an alternative means of traditional finance system is on the rise, DeFi is well-placed to become the future of the global financial ecosystem. For more details about the event, please visit http://bitcoinevents.co.za/DeFi-conference-2021/

Talent Acquisition Week to Redefine and Reimagine Talent Attraction

Date: July 19-23, 2021 Online Livestream Event Change is inevitable. More often than not, it demands learning new tools and technologies or even adopting new strategies. This takes time and resources but can be a lot easier if one has a team around to walk them through the rebuilding process. The 2021 Talent Acquisition Week is explicitly designed for that. It seeks to bring together the talent acquisition (“TA”) community and offer a platform where members can share best practices, tools, and innovative strategies to facilitate cumulative growth. Additionally, the Talent Acquisition week offers a way for those within the TA community to network, exchange ideas, and learn something that will take their TA playbook to the next level. This five-day event scheduled for July 19 to 23, 2021, will provide an unmatched deep dive into talent acquisition, touching on topics such as leveraging data while making hiring decisions to analytics and the fundamentals of talent acquisition in the modern age. The objective is to empower attendees and impact them with innovative tools, strategies, and technologies that will redefine talent attraction and acquisition. Some of the other topics that will be discussed include:
  • Utilize Data to Ensure Strategic Talent Acquisition Decision Making
  • Navigate the Post-Pandemic Hiring Market with Your Talent Data
  • Leverage Digital Transformation to Drive Your Talent Acquisition Strategy
  • Making Career Sites Work Better for People
  • Humanizing the Candidate Experience
The event will have over 50 speakers from leading brands and organizations in the TA space, including Salesforce, Microsoft, Doordash, and PetSmart. With such a lineup, the event is guaranteed to spark healthy conversations and facilitate meaningful engagements that will help attendees take their talent acquisition playbook to the next level. The event will kick off with the emcee’s opening remarks, Andrew Gadomski, Managing Director, ASPEN Analytics, followed by Susan LaMotte, the CEO and Principal Strategist at Exaqueo. Susan will share her views on talent acquisition, highlighting the fundamentals therein, along with what attendees and those in the TA space need to know. The Talent Acquisition Week is the leading industry event specifically devoted to this topic. With a broad range of speakers and over 50 sessions, attendees are guaranteed to draw value, unmatched interaction, and engagement that will help improve their talent acquisition skills and playbook. For more information about the event and how to register, please visit https://ibn.fm/yv8XN.

SRAX Inc. (NASDAQ: SRAX) Solidifies Position as Investor Industry Leader, Expands Text and Email Capabilities, Launches Microcaps.com

  • Staying connected to retail investors is critical in today’s market, considering retailers poured almost $28 billion into the stock market in June
  • SRAX offers suite of products designed to improve due diligence, transparency, and communications between investors, corporations
  • SRAX’s Sequire platform was expanded by implementing machine learning and other technology to add unlimited texting and emailing, custom filtering, performance metrics
  • SRAX launched Microcaps.com, an editorial content and curated news distribution site catering to the growing Sequire investor community while providing small and microcap companies additional exposure
For the longest time, the communication structure between companies and investors was stale, comprised mostly of standard press releases for the masses. The outset of the digital world changed that to a degree, but it took innovation from companies like SRAX (NASDAQ: SRAX) to amp up the way the C-suite and investors interact. SRAX, a financial technology company, or “fintech,” specializes in the investment industry, providing products for investors and companies alike—a portfolio of offerings that got a little bigger in recent weeks. Notably, SRAX unlocks data and insights for publicly traded companies through Sequire, its SaaS platform. Through Sequire, companies can monitor trading data in real time, recognize shareholder buying and selling trends via data sets, track warrants, engage shareholders, and more from a single platform. Millions of retail investors have become increasingly self-directed, including pouring almost $28 billion into the stock market in June, the biggest inflow in about seven years (https://ibn.fm/dx91T). To that point, companies can use Sequire to put a finger on trading activity, as well as remain in contact with shareholders ranging from the biggest institution to the smallest retailer. The company recently released two new Sequire features: an automated email feature and an SMS function for communicating with investors. The additions include automation triggers, machine learning and other enhancements that facilitate frictionless communication while enabling the company to prepare contact lists in advance, customize messages to specific audiences, schedule updates and subsequently measure audience engagement via performance metrics. Companies can use custom filters (i.e., threshold of number of shares owned) to structure campaigns without concern for limitations. Users can send an unlimited number of texts to local and international numbers to engage and re-engage contacts. This is no small nuance considering the Sequire platform includes more than five million active retail investors and over 180 companies (https://ibn.fm/6cBli). “These new tools will allow companies to better manage communication with their shareholder base by defining pre-established triggers that will execute both email and SMS messages,” said SRAX Founder and CEO Christopher Miglino in a press release on the new features (https://ibn.fm/mmjBq). Only days later, SRAX launched Microcaps.com, an editorial content and curated news distribution site (https://ibn.fm/CBinX), dedicated to providing increased exposure and awareness for companies, in addition to information, news, and resources for small and microcap investors. More precisely, Microcaps.com was launched to benefit the growing Sequire investor community, serving as an information hub and interactive environment for the network. In addition to news and investor-facing articles, the website also includes links to presentations from Sequire virtual conferences. “We are creating this website to serve the entire microcap community,” said Christopher Miglino. “We are committed to building products that enhance exposure for public companies, and microcaps.com is a great example of the new tools we’re creating to gain more exposure for public issuers,” he added. More exposure is exactly what most public issuers, particularly small and microcaps, crave, as it is easy to get overlooked in markets containing thousands of other public companies. Many of these companies have big marketing budgets to stay in the forefront of investors, a disparity that SRAX is helping to level with its suite of assets. For more information, visit the company’s website at www.SRAX.com. NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) TRACE Line of Products Addresses Declining Minerals in Food Supply

  • Soil depletion causing mineral loss in food supply
  • BevCanna’s TRACE line of products address issue through proprietary plant-based formula rich in iron, magnesium, calcium, potassium
  • Company recently signed distribution agreement to reach target markets in New York, Chicago, California
BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, helps consumers address nutrient deficiencies with its TRACE line of beverages and supplements. Sourced from deep within British Columbia’s Rocky Mountains, TRACE products are high in fulvic and humic minerals, providing an easily absorbed source of minerals such as iron, magnesium, calcium, potassium and other vital nutrients currently lacking in modern diets. Experts now agree that levels of soil minerals have depleted rapidly in recent decades due to large-scale industrial farming practices that use high amounts of chemical pesticides and artificial fertilizers (https://ibn.fm/GZXVX). Accordingly, these practices have produced a food supply that is less nutritious than decades ago, suggesting that it may not be possible to get enough nutrients solely from food – a problem that has entered mainstream consciousness in recent years. “Efforts to breed new varieties of crops that provide greater yield, pest resistance and climate adaptability have allowed crops to grow bigger and more rapidly,” reported Donald Davis, part of the University of Texas team of researchers that produced the report published in the Journal of the American College of Nutrition. “But their ability to manufacture or uptake nutrients has not kept pace with their rapid growth.” BevCanna addresses this issue by creating, manufacturing, and distributing mineral-rich beverages and supplements that resonate with a growing demographic of health-conscious consumers that understands the health risks of a mineral-poor diet. Sourced from deep within the Rocky Mountains of interior British Columbia, BevCanna’s TRACE line of beverages and supplements are formulated with a proprietary plant-based mineral formula rich in iron, magnesium, calcium and potassium, offering an easy way to supplement these critical minerals in the standard diet. “With demand for wellness-focused beverages rapidly increasing among U.S. consumers, this is the ideal time to introduce the TRACE brand to a whole new demographic,” said BevCanna President Melise Panetta (https://ibn.fm/2nkzo). As part of its expansion strategy to leverage its market leading position internationally in this rapidly growing market, BevCanna recently finalized an agreement with a leading U.S. brand and sales management firm to distribute the TRACE line of products to target markets in New York, Chicago and California. Along with these large urban centers, the company plans to take its products mainstream by expanding distribution to retailers across the sales spectrum to include independent specialty retailers and national big-box outlets. Based in the province of British Columbia, Canada, BevCanna owns a pristine alkaline spring water aquifer and a world-class HACCP-certified 40,000-square-foot manufacturing facility with an annual 210-million bottling capacity. In addition to its in-house brands, the company provides white-label services to numerous partners that include Keef – the #1 US cannabis beverage brand by units and dollars sold.* *BDSA For more information, visit the company’s website at www.BevCanna.com. NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://ibn.fm/BVNNF

Powerful Antioxidant Nanoemulsion Development Lights Up the Profile of Pressure BioSciences Inc. (PBIO)

  • Life sciences technology innovator Pressure BioSciences (OTCQB: PBIO) specializes in the use of ultra-high pressure technologies to innovate unexpected and potent solutions for a wide variety of industries, including biomarker and target discovery, forensics, counter-bioterror applications, improved quality and economics for biopharmaceuticals, and safer, more potent and more cost-effective, storage, dosing and absorption of nutrients, nutraceuticals, cosmeceuticals, agrochemicals for plants, and more
  • Pressure BioSciences recently announced the development of extraordinarily effective dosing and delivery in uniform nanoemulsions of 30 to 60 nm droplets for the powerful antioxidant astaxanthin (“AsX”), and suitable for many other prospective nutraceuticals
  • PBIO’s technology for nanoemulsions commands extremely high commercial appeal because of its ability to dramatically improve the entire sensory profile of many retail products, while simultaneously improving the economics for producers and/or consumers, and making medicines and nutraceuticals safer, more easily absorbed, and more bioavailable within targeted humans, animals and plants
  • Their breakthrough achievement in AsX nanoemulsions is simply the demonstration gateway to the potential production of an enormous range of more bioavailable, higher quality fat-soluble vitamins, nutraceuticals and dietary supplements
  • Preorders for its first dozen commercial nanoemulsion production systems are converting into PBIO’s powerful new leasing and royalty driven business model, with initial, solid incremental revenue expected in early 2022
The development of the oil-soluble antioxidant astaxanthin as an extremely fine and uniform nanoemulsion that easily disperses and effectively dissolves into water with intrinsic stability, was announced July 1, and launches a revolutionary new growth phase for life sciences technology innovator Pressure BioSciences (OTCQB: PBIO) and its trademarked Ultra Shear Technology(TM) (“UST”) platform. Pressure BioSciences (also known as PBI) has developed its UST platform to apply ultra high pressure and intense shearing forces for the innovative production of a unique class of high-quality nanoemulsions that offer enormous new benefits in a wide variety of industries, including the nutraceuticals market, which is expected to powerfully leverage the benefit of the astaxanthin nanoemulsions development, into a plethora of other newly differentiated nutraceutical products. Astaxanthin, or AsX, is renowned as an antioxidant 6000 times more powerful than vitamin C that has been shown clinically to enhance the human body’s natural immune response, improve muscle endurance in exercise, support cardiovascular, brain and eye health, protect skin against UV damage, and beneficially modify cell signaling pathways that promote cancer cell death, according to Pressure BioSciences’ news release (https://ibn.fm/pKhEn). Because AsX is essentially water-insoluble, the body’s ability to absorb it rather than simply passing it through to excretion has been measured at typically less than 10 percent of the amount of ingested or topically applied compound. The nanoemulsion developed through the UST pressure and shearing IP has the potential to make AsX more easily and fully absorbed and bioavailable, and thus more effective with lower dosing and improved economics for the producer and/or the consumer.  Similar benefits for other carotenoids and a wide range of fat-soluble vitamins, nutraceuticals, dietary supplements are anticipated, and will extend into agrochemicals, cosmeceuticals and personal care products, and other industries. “Nanoemulsions produced by PBI’s UST platform encapsulate AsX in extremely small oil droplets ranging in size from 30-60 nm in diameter” PBI Senior Research Scientist Gary B. Smejkal stated in the news release. “The enhanced oral bioavailability of AsX corresponding to droplet size reduction is well-established and has been published.” Pressure BioSciences anticipates the use of its technology will make it possible for nutraceutical companies to exercise greater control over their dosing and find ways to lower their costs, which may in turn lower the costs for consumers. The pressure-shearing process also reduces the need for large amounts of added chemicals used currently in chemically produced nanoemulsions. “The global astaxanthin market size was estimated at USD 1.0 billion in 2019,” PBI President and CEO Richard T. Schumacher stated. “PBI is laser-focused on exploring the opportunities for our UST platform to profoundly alter the effectiveness and competitiveness of a great number of lucrative nutraceutical products. We have already begun discussions with prospective partners worldwide who are interested in using UST for production and commercialization of astaxanthin and other nutraceutical nanoemulsions.” The company has received pre-orders for 12 BaroShear K45 systems, the company’s first commercial application of its UST-based processing system, and expects to be able to fulfill the orders beginning late this year through a lease/royalty business model, which it expects to generate up to $3 million in incremental revenue in late 2021 and early 2022 (https://ibn.fm/AXJlp). Pressure BioSciences boasts an intellectual property portfolio already including more than 25 patents worldwide and is advancing rapidly towards inflections into significantly increased revenues and profitability. In addition to the nutraceuticals nanoemulsions market, the company’s primary focus includes pressure-based technology development of products for biomarker and target discovery, improved soil and plant biology, forensics, counter-bioterror applications, and improved quality and economics for biopharmaceuticals. For more information, visit the company’s website at www.PressureBioSciences.com. NOTE TO INVESTORS: The latest news and updates relating to PBIO are available in the company’s newsroom at http://ibn.fm/PBIO

Rock-Solid Business Model, String of Big Box Contracts Point to Another Record-Breaking Year For Sustainable Green Team, Ltd. (SGTM)

  • SGTM transforms storm, hurricane waste into environmentally beneficial products that enhance, fortify the earth
  • Company on solid growth trajectory with string of lucrative contracts awarded in recent months
  • Clients include municipal governments, large commercial retailers including The Kroger Co, Circle K, Menards Inc. & Old Castle Lawn & Garden
  • 2020 was record-breaking year, Q1-2021 results include QoQ increases of 16.7% in revenue and 8.6% in gross profit
Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, is on a growth trajectory with a lucrative string of large commercial contracts, a rock-solid growth strategy, and its unique business model rooted in sustainability (https://ibn.fm/wGE5L). SGTM’s synergistic business activities benefit the earth by diverting waste that otherwise would have burdened municipal landfills and transforming it into products that fortify and enhance the earth. Through its subsidiary National Storm Recovery LLC, SGTM is contracted to cut, haul and remove large volumes of clean wood debris that is then processed by Mulch Manufacturing Inc. – another SGTM wholly owned subsidiary – into organic gardening mulch and playground surfacing material. Besides allowing the company to eliminate disposal costs, this synergistic business model enables SGTM to receive mulch feedstock of high quality at a much lower net cost for maximum profits. “Getting paid for your feedstock in the mulch business is a recipe for success and great profit margins,” said SGTM CEO and Director Tony Raynor (https://ibn.fm/FniIJ). “Storm recovery is a multibillion-dollar business, and we are prepared to help in any cleanup process.” SGTM broke records in 2020 with year-over-year increases of 794% in revenue and 4,817% in gross profit (https://ibn.fm/gLvEO), and the trend has continued for Q1-2021 with quarter-over-quarter increases of 16.7% in revenue and 8.6% in gross profit (https://ibn.fm/M6KvN). The company’s business model – unique to the industry – allows it to profit in two ways: first by offering paid services that enable it to acquire its feedstock and second by processing and selling the transformed products to large-scale commercial retailers such as The Kroger Co, Circle K, Menards Inc. & Old Castle Lawn & Garden. “This business combination has created an industry powerhouse, and with our combined strengths puts us in an ideal position to increase our sales and resulting margins as our combined operations benefit from the resulting vertical integration and economies of scale,” said Mulch Manufacturing CEO Ralph Spencer (https://ibn.fm/BlllT). SGTM’s centralized operations are based in Jacksonville, Florida across 26 acres with ample room to expand. With over 40 years of next-level experience with mulch manufacturing and tree management, SGTM’s leadership is committed to sustainably growing the company through a multi-pronged strategy that puts stewardship of the environment at the core of its mission. To learn more about Sustainable Green Team Ltd., view the investor presentation at https://ibn.fm/A0LxQ. NOTE TO INVESTORS: The latest news and updates relating to SGTM are available in the company’s newsroom at http://ibn.fm/SGTM

Sharing Services Global Corp. (SHRG) Strengthening Foothold as Industry Reports Record Sales Numbers

  • The direct-sales space reported $40.1 billion in retail sales last year, an increase of 13.9% from 2019
  • Successful direct-sales companies adapt quickly to a world with changing needs
  • SHRG is working on multiple programs, expansion plans that will be unprecedented in the sector
The United States saw record high sales, sellers and customers in the direct-sales sector in 2020, according to the industry’s leading national trade association (https://ibn.fm/aymKA). That news bodes well for Sharing Services Global (OTCQB: SHRG), a publicly traded company specializing in the direct-sales sector. In its annual Growth & Outlook Study, the U.S. Direct Selling Association (“DSA”) reported exciting numbers for companies — and people — involved in the direct-sales space. According to the DSA, the direct-selling channel generated $40.1 billion in retail sales in 2020, an increase of 13.9% from 2019; the number of individuals selling products or services through a direct-selling business model also increased more than 13%, with 7.7 million U.S. entrepreneurs involved on either a full-time or part-time basis; and demand for products and services offered in the direct-selling sector grew as well, with 41.6 million preferred customers and discount buyers purchasing through the direct-sales channel. “America is forever changing, no more so than during the last year,” said DSA president Joseph N. Mariano. “Direct sellers have proven themselves time and again to be nimble microentrepreneurs, willing and able to serve their customers and communities within a changing environment. . . . Direct-selling companies also adapted quickly to a world with changing needs by empowering their independent sellers with the tools to serve their customers and fellow sellers — innovative technology, updated health and safety policies, and second-to-none business support.” Sharing Services Global can count itself among the savvy direct-sales companies that are nimble and quick to adapt to changing market needs. Earlier this year, the company announced a new brand identity for its two wholly owned subsidiaries: Elevacity Holdings LLC and Elevacity U.S. LLC, leading producers and distributors of nootropic, functional beverage products with a focus on health and wellness (https://ibn.fm/bPs2E). The new identity, branded The Happy Co., includes a complete redesign of both the consumer-facing website where The Happy Co. customers purchase products and the business-focused website that showcases the overarching opportunity. A few weeks later, the company announced its newest subsidiary, a travel company called Hapi Travel Destinations (https://ibn.fm/V3ZDJ). These announcements were made alongside news that SHRG was planning to expand into both Asia and Europe. The company is focused on establishing strategic plans to make the most of the opportunities provided in the growing direct-sales industry. “This is a very exciting time in the company, as we are working on multiple programs and expansion plans that will be unprecedented in this sector,” said Bo Short, CEO of Elevacity Holdings LLC and Elevacity International Holdings LLC. “I have been in direct selling for many years and have never seen an executive management team with such a long-term vision to reshape this industry and really serve its brand partners in this fashion. I’m excited and honored to be part of these new initiatives.” For more information, visit www.SHRGInc.com and www.TheHappyCo.com. NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG

HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO) Completes Acquisition of Sagely Naturals as it Eyes Continued Growth in 2021 and Beyond

  • HempFusion Wellness closed the acquisition of Sagely Naturals, a women-centric CBD company, for an initial consideration of US$25 million in cash and stock payments
  • The acquisition is expected to benefit both parties in various ways, including by increasing HempFusion’s revenue and providing access to Sagely’s extensive distribution footprint
  • On its part, Sagely will benefit from HempFusion’s regulatory compliance, which will help in the introduction of ingestible CBD products
  • HempFusion is looking forward to driving shareholder value through continued growth both domestically and internationally with its expanding family of brands
In fulfillment of a merger agreement announced in late May, Denver-based leading health and wellness company HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 800) completed the acquisition of premier women-centric CBD brand Sagely Enterprises Inc. (“Sagely Naturals”) on July 7 (https://ibn.fm/qIzoy). The purchase, which made Sagely Naturals a wholly owned subsidiary of HempFusion Wellness, is expected to benefit both parties. Boasting an extensive retail distribution footprint of 14,000+ stores in the United States, Sagely Naturals is the third most successful brand, leading CBD topicals brand, and largest women-founded CBD company in the industry. This market position is reflected in its financials for the fiscal year 2020, in which it reported net revenue of over $4.19 million. The now wholly owned subsidiary provides HempFusion with immediate distribution to up to 14,000 additional stores as well as a significant increase in revenue. In fact, when combined with the closing of APCNA Holdings LLC’s (“Apothecanna”) purchase agreement, announced May 17, HempFusion’s 2020 revenue will more than triple. Both acquisitions further offer the opportunity to expand this revenue well into the future. In an interview with Proactive (https://ibn.fm/xfGSM), HempFusion CEO Jason Mitchell, N.D., noted that while Sagely Naturals does not offer ingestible CBD products at the moment, HempFusion’s focus on being regulatorily compliant will allow it to install a completely new ingestible program for them. This will provide an opportunity to introduce ingestible CBD products in up to 14,000 stores. “So, we are going to give them near-immediate expansion into new products they haven’t had previously,” said Mitchell. HempFusion’s significant investment into regulatory compliance will help solidify Sagely Natural’s leadership position in the CBD industry. HempFusion has also included Sagely Naturals on its Novel Foods Application Dossier with the United Kingdom’s Regulatory Food Safety Agency to aid in future expansion into Europe. Additionally, as both companies have complementary product offerings that do not directly compete, the acquisition offers substantial cross-platform opportunities through each of their respective distribution channels. “Integration has been well underway over the past several weeks, and we look forward to driving shareholder value through continued growth in 2021 and 2022 both domestically and internationally with our expanding family of brands,” stated Mitchell in a press release. HempFusion closed the acquisition for an initial consideration of US$25 million, of which $2 million was paid in cash (subject to adjustment for Sagely Naturals’ cash and working capital), and the balance was satisfied by the issuance of more than 22.5 million common HempFusion shares. You can find a comprehensive description of the terms of the acquisition in the press release. In the Proactive interview, Mitchell held that M&A remains a vital part of the company’s future. Thus, the recent acquisition of Sagely Naturals “is certainly not going to be our last.” For more information, visit the company’s website at www.HempFusion.com/corporate-information. NOTE TO INVESTORS: The latest news and updates relating to HempFusion are available in the company’s newsroom at https://ibn.fm/CBDHF

Q1 Productions’ 2nd Annual Medical Device Biocompatibility & Toxicology Risk Assessment Conference To Offer Safe Medical Testing Strategies For Commercial Markets

Date: July 21-23, 2021  Virtual Event Companies and professionals from the biocompatibility, toxicology, materials engineering, and related medical fields are invited to attend the Q1 Productions’ 2nd Annual Medical Device Biocompatibility & Toxicology Risk Assessment Conference being held on July 21-23, 2021. Industry leaders and regulatory authorities will share presentations discussing compliant design and commercialization evaluation processes for medical device professionals to develop safe testing strategies. This online streaming conference is a great opportunity for you to meet and collaborate with industry professionals to ensure your products meet biological safety requirements as per the global safety standards. The event will be hosted on the dynamic Q1 Productions virtual platform that customizes the user experience by connecting attendees with their peers. Attendees will get answers to their queries while the dynamic formats ensure that participants enjoy the virtual experience. Industry leaders attending the conference will discuss safety measures and safety standards to meet the design requirements for the commercial market. The event is sponsored by WuXi AppTec Medical Device Testing, a world-class solution provider offering integrated, testing solutions that enable clients to develop strategies and safe life-changing healthcare solutions for patients and caregivers. The conference media partner is BioMedWire (“BMW”), a technology-driven communications platform. Important points to be covered at the Conference:
  • Designing proper biological evaluation plans in a risk management process
  • Discussion on the criteria, selection, and common measures for risk-based biological evaluation planning
  • Ways to refine E&L Testing performance and efficiency
  • Overcoming biocompatibility and toxicology challenges of the world markets
  • Partnering with lab-testing services for better navigation, communication and to overcome the lack of uniformity
  • Defining testing criteria for ethylene oxide residual testing
  • Optimizing biocompatibility analysis in response to manufacturing alterations
The 2nd Annual Medical Device Biocompatibility & Toxicology Risk assessment Conference offers insights and valuable information that allows you to test planning with in-depth analysis of regulatory requirements to ensure product reliability & patient safety. Q1 productions have a Virtual Event Guide & FAQ forum for a better user experience. The mobile app Q1 Events offers all networking experiences of the virtual platform for a seamless experience. For more information about the event, please visit https://ibn.fm/uRrPo.

From Our Blog

Xeriant Inc. (XERI) Innovative Building Materials Answer Growing Calls for Lower Housing Costs

January 27, 2026

Across the United States, rising home costs and persistent shortages in housing supply have made affordability a crisis for millions of families, prompting both public officials and private innovators to seek solutions that reshape how homes are built and maintained. At the center of this emerging conversation is innovative building technology that not only improves […]

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