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reAlpha Set to Advance Innovative Short-Term Rental Platform Following $6 Million Investment Round

  • The $6 million investment round was led by Crawford Hoying, a real estate holding company with more than $1.3 billion of mixed-use, multifamily, office, and retail properties
  • The company is taking advantage of the new wave of investment opportunities in the emerging industry Airbnb has created
  • Equity in reAlpha properties can be purchased for as little as $2,500 and handled much like buying stock in a company. Investors are matched with like-minded backers to cover the down payment on properties
reAlpha, often referred to as the Robinhood of Airbnb investments, recently announced that it has closed on a $6 million investment round. The lead investor of the round was real estate holding company Crawford Hoying, which has developed more than $1.3 billion of mixed-use, multifamily, office and retail properties. The new funding that reAlpha has received is set to accelerate the company’s growth, including its innovative short-term rental investment platform, data science function, and engineering capabilities. Proceeds will also be used to expand reAlpha’s geographical presence, operations, and member network (https://ibn.fm/xWiVQ). “reAlpha enables superior alpha yield by investing in short-term rental properties. We have simplified the entire process of investing and managing these properties using advanced technologies. This allows ‘Mainstreet’ investors to access the real estate investment market like never before,” said reAlpha CEO Giri Devanur. The founder of Crawford Hoying, Brent Crawford, called reAlpha’s proprietary technology a paradigm shift for the short-term rental investment market. “The proprietary technology developed to identify, acquire, and market properties with lower risk is a big leap. We strongly believe in the team’s conviction and vision to scale this into a leader in this space,” he said. Based on statements by reAlpha, a new wave of investment opportunities in the real estate industry is emerging, spurred by the heightened desire for short-term rentals and private accommodations which have only been accelerated post-pandemic. reAlpha’s model allows consumers to benefit from the superior returns of short-term rental income and the increase in property value through renovations and market appreciation conditions. Investors can invest in these short-term rental and vacation homes through the company’s platform and partner broker-dealer site, democratizing the market’s access. For an investment of as little as $2,500, first through the reAlpha app and then connected through to a broker dealer site, investors can purchase equity in a specific reAlpha property, much like buying stock in a company. The company matches members with other like-minded backers to form a syndicate, together covering a down payment on the property that has been selected. Most investment properties require a 25 percent down payment, but with reAlpha, that reduces to 10 percent because of the relationships the company has developed and nurtured with lenders. The company handles all property management functions and believes that short-term rentals are no longer just for transactional purposes. reAlpha reimagines the entire guest experience end-to-end, making sure that reAlphaHouse is the ultimate on-demand rental property. Targeting specific markets across the globe, reAlpha’s preference is to purchase 100 to 500 of these short-term rental properties in each market. When acquiring the properties, reAlpha uses its artificial intelligence technology “reAlphaBRAIN” to select specific unicorn properties — zeroing in on the best available opportunities in the market. The software quickly evaluates thousands of property listings based on 25+ factors, assigning each a reAlphaScore. The score projects how Airbnb-viable the property is, including the projected value in the property market. Through its innovative platform and unique approach, reAlpha is set to secure a leading position for itself and its members in the global short-term rental market. According to Airbnb’s recent IPO filing, the global short-term rental market is valued at $1.2 trillion. The global vacation rental segment is anticipated to expand at a CAGR of 3.4 percent from 2020 to 2027, and reach $113.9 billion in 2027, with millennials being the primary driving force of this growth (https://ibn.fm/jgviA). Research has indicated that 71 percent of those traveling, especially with kids, prefer to cook their meals while traveling, which is a major reason for the vacation rental market boost. For more information, visit the company’s website at www.reAlpha.com. NOTE TO INVESTORS: The latest news and updates relating to reAlpha are available in the company’s newsroom at https://ibn.fm/reAlpha

DGE’s 7th Advancing Women’s Leadership Skills & Opportunities in Pharma & Healthcare – Virtual Conference On Women Leadership Roles

Date: September 22-24, 2021 Online Livestream Pharma professionals, healthcare providers, influencers, and healthcare-related industries are invited to attend DGE’s 7th Advancing Women’s Leadership Skills & Opportunities in Pharma & Healthcare being held on September 22-24, 2021, as a live online event. The event is organized by Dynamic Global Events (“DGE”), a Life Science leader in hosting B2B events. This global event company caters to the dynamic informational and networking needs of the Pharmaceutical, Biotechnology, Healthcare, Medical Devices, and allied industries.  Women executives in the pharma and healthcare sector face numerous hurdles to reach the echelon of success. The event will feature such inspiring success stories that educate the next generation of leaders. The conference aims to educate, inform, and empower women in leadership roles to bridge the gender disparity gaps in the industry. The live streaming event platform will serve as a vast learning ground for aspiring women medical and healthcare professionals about managing their roles as a leader, dealing with work obstacles and getting the most out of their team. The event will feature eminent speakers and dignitaries who have steadily paved their way up using their leadership skills in the medical industry. These power-packed sessions will assist new medical professionals in enhancing their skills for greater boost their career growth. The opening day of the conference will feature a keynote session by Jeffery Tobias Halter, President of YWOMEN, Gender Strategist, about his book, WHY WOMEN – The Leadership Imperative to Advancing Women and Engaging Men. In this session, he will discuss the tools and steps that should be taken for the long-term advancement of women. While the program pivots around advancing women, it will also explore other factors of diversity including race, age and gender non-binary. The session will discuss ways to create an Integrated Women’s Leadership Strategy designed for growth and enhanced company reputation. They will further examine steps to engage men as allies and advocates for women leadership. Other industry sharing topics of the conference include
  • Learning from the best women leaders
  • Getting visibility and great work opportunities in the virtual workplace
  • Resurrecting and realigning your workplace activities post the pandemic
  • Attaining your leadership role and getting a seat on the board of director
To know more about the event, please visit https://ibn.fm/BSuZC

AnPac Bio-Medical Science Co. Ltd. (NASDAQ: A) Files for National Medical Products Administration Registration of Early-Warning Cancer Technology with a Record 11 Tumor Types Under Formal Medical Device Product Registration

  • AnPac Bio-Medical Science Co., Ltd. has developed its proprietary Cancer Differentiation Analysis (“CDA”) technology to detect biophysical signals as an alternative early disease indicator to blood-based biomarker testing for cancer
  • The company has laboratories and R&D facilities in China equipped for CDA testing and cancer biochemical testing, as well as a CLIA/CAP accredited laboratory in the United States
  • AnPac Bio recently held its 2021 technical symposium in China where KOLs from major hospitals and universities discussed new technologies for cancer detection and treatment.
AnPac Bio-Medical Science (NASDAQ: ANPC) is moving forward with testing and registration of its multi-cancer screening technology in its drive toward commercialization of its proprietary CDA device for a variety of conditions, with the filing of a record 11 types of cancers for assisting in diagnosis in a formal medical device product registration testing application with NMPA. AnPac Bio’s pioneering CDA technology has already produced annual revenues from cancer risk assessment tests for multiple cancers in general population. In 2020, significant growth was achieved with revenues of $3.2 million, according to a Prospectus Supplement filed with the U.S. Securities and Exchange Commission last month (https://ibn.fm/Me4Tk). The current filing announced August 23rd, with China’s National Medical Products Administration (“NMPA”) seeks to expand the usage of CDA technology-based cancer risk testing into hospitals. The 11 cancers which are tumors of the lung, esophagus, stomach, rectum, colon, liver, breast, cervix, thyroid, pancreas and brain, includes  three types of tumors (esophageal cancer, thyroid cancer and brain tumor) that do not yet have generally accepted blood-based biomarkers to be detected with simple blood tests, according to a recent news release about Anpac Bio’s NMPA filing (https://ibn.fm/ot65X). AnPac Bio’s early-detection CDA technology utilizes a biophysical approach which includes acoustical, electrical, magnetic, nano-mechanical and optical environment properties in the blood to determine the risk of more than two dozen cancers. The CDA technology and the company’s proprietary algorithm “measure and analyze these signals at multiple biological levels (including the protein, cellular and molecular levels) and with multiple parameters” that include Protein Tumor Factor and Cellular Tumor Factor data as well as an “overall CDA value,” according to last month’s SEC filing. AnPac Bio’s NMPA filing this month builds on extensive evaluation and successful preclinical trials completed through July, 2021, with the aim of beginning clinical trials at multiple hospitals next year following completion of registration testing with the NMPA. On Aug. 6, AnPac Bio held its 2021 technical symposium in Shanghai with representatives from global fortune 500 companies, life science companies, major hospitals and leading medical schools in attendance, as well as investors and shareholders. The symposium focused on cutting-edge theories, technologies and methods relating to cancer treatment and prevention. The presentations included hospitals’ evaluations of the CDA technology in clinical trials carried out earlier this year, as well as newly un-blinded and analyzed clinical trial data. Fudan University-affiliated Shanghai Tumor hospital, Changhai Hospital and Jiaotong University School of Medicine reported that CDA technology performed well in distinguishing between the healthy and cancer patient groups. They concluded that the CDA technology, its simplicity, high sensitivity and specificity, is an excellent technology for detecting a variety of cancers early, and in particular for early detection of lung and thyroid cancers. For more information, visit the company’s website at www.AnPacBio.com. NOTE TO INVESTORS: The latest news and updates relating to ANPC are available in the company’s newsroom at https://ibn.fm/ANPC

Flora Growth Corp. (NASDAQ: FLGC) Expands Across International Borders into Europe and Asia

  • Flora Growth business divisions include pharmaceuticals, cosmetics, hemp textiles, and food & beverage sectors
  • Flora Lab now has three GMP certifications – one each for cosmetics, phytotherapeutic products, and dietary supplements
  • Flora Growth operates internationally but has its cultivation and processing operations based in Colombia – with one of the largest outdoor cultivation facilities in the world, aiming to produce medical-grade cannabis flower and derivative products at below-market pricing
  • Proposed acquisitions of Vessel Brand and Koch & Gsell, as well as investment into Hoshi International, will help expand the business across international borders and into the US, Europe, and Asia
An internationally focused cannabis CPG company that leverages natural and cost-effective cultivation practices to supply cannabis flower and derivatives to its diverse business divisions, Flora Growth (NASDAQ: FLGC) operates in the pharmaceutical, cosmetics, hemp textiles, and food & beverage sectors. By focusing and prioritizing natural ingredients and sustainability across the value chain of its entire business portfolio, the company is making mindful, premium products to help consumers restore and thrive around the globe. Additionally, Flora Growth operates one of the largest outdoor cultivation facilities in the world, where it produces medical-grade cannabis flower and derivative products at below-market pricing. After completing the first traditional cannabis IPO on NASDAQ without a SPAC, reverse merger, or a dual listing in May 2021, the company is currently seeking revenue-generating acquisitions and strategic partnerships that offer a larger distribution network, amplify revenue growth, and complement its human capital. Each brand in its current portfolio is in line with the company’s mission to be innovative while prioritizing natural ingredients and value-chain sustainability.
  • Flora Lab S.A.S – Flora Lab is a GMP-certified manufacturing and R&D center focused on producing pharmaceuticals, cosmetics, and nutraceuticals for domestic and international markets. Thanks to Flora Lab, Flora Growth has a relationship with 2,500+ distribution channels, manufactures 63+ OTC products registered with INVIMA (Colombia National Food and Drug Surveillance Institute), and holds three GMP certificates.
  • Flora Beauty – Flora Beauty is Flora Growth’s CBD beauty and cosmetics division founded by fashion and beauty industry icon Paulina Vega. There are currently two CBD-focused skincare brands targeting the United States and the Latin American market – MIND NATURALS and Ô (“AWE”). These products are currently offered globally through e-commerce and the 111 Falabella’s stores located throughout Latin America.
  • KASA Wholefoods – KASA Wholefoods is a Colombian manufacturer of food and beverages leveraging responsibly sourced exotic fruits from Amazon. KASA has a distribution agreement anticipated to be worth over $10 million with Tropi, Colombia’s largest food distributor.
  • Hemp Textiles & Co. – Through the hemp textiles division, Flora Growth intends to utilize its cultivation and processing infrastructure to capture market share in the rapidly growing hemp industrial segment. Its first brand, Stardog Loungewear, is a line of comfortable loungewear made from natural, organic materials.
In recent months, Flora has announced three major transactions – Vessel Brand, Koch & Gsell, and Hoshi International. The acquisition of Vessel Brand is expected to expand Flora’s premium brand and product portfolio by adding an industry leader in luxury cannabis consumer technology hardware and accessories, while also further diversifying Flora’s global distribution channels, and adding key human capital. Koch & Gsell provides a distribution network of 2,500+ stores to introduce Flora Growth’s products to the Swiss, European, and Asian markets. The acquisition promises to bring patented hemp cigarette manufacturing technology into new markets using Flora Growth’s quality cannabis. The investment into Hoshi International opens a gateway for Flora Growth’s cannabis products through international distribution agreements in the EU and the UK. Hoshi’s experienced team and increased access to the EU cannabis market serve as a catalyst for revenue growth. In a recent news release, Flora Growth announced that its Flora Lab division has received authorization from the Colombian National Food and Drug Surveillance Institute (FDA equivalent) to be a Good Manufacturing Practices (“GMP”) certified manufacturer for cosmetic products (https://ibn.fm/0IHUz). The company now has three GMP certifications – for cosmetics, phytotherapeutics, and dietary supplements. For more information, visit the company’s website at www.FloraGrowth.ca. NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://ibn.fm/FLGC

Audio Broadcast Presents Off-peak Electricity Analysis Results Commissioned by FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) to Boost Carbon-free Ammonia IP

  • FuelPositive Corp. is a Canadian-based clean energy solutions innovator developing a means of using green ammonia as a non-carbon polluting fuel
  • The company was recently featured in a broadcast by NetworkNewsAudio (“NNA”) that highlights FuelPositive’s advances in making green ammonia more portable, more cost-efficient and ultimately more power generating than environmentalist darling hydrogen
  • The broadcast notes that traditional ammonia production typically creates significant pollution, but that the key advantage of FuelPositive’s Phase 2 Hydrogen-Ammonia Synthesizer is that it eliminates the pollution factor and makes carbon free ammonia easy to produce where needed as a transportation fuel
  • The broadcast highlights the results of FuelPositive’s decision to commission a study of Canada’s off-peak green electricity capacity, showing that the country has sufficient energy to utilize green ammonia as a carbon-free fuel for all of Canada’s passenger and commercial freight needs
The dedication of Canadian-based FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) toward building renewable energy technology through manufacturing, licensing, partnership and acquisition opportunities, is the focus of a recent audio broadcast featuring news about FuelPositive’s decision to commission an analysis of Canada’s green off-peak electricity capacity, measuring the Canadian transportation sector’s fuel needs and carbon emissions. The NNA broadcast notes that ammonia produced in a carbon-free manner can provide fuel for commercial and public transportation and do it in a way that promotes responsible climate policy. “Many people don’t know it, but planes, trains, ships, trucks and other vehicles can be converted to run on ammonia – just as easily as they can be converted from gasoline and diesel to run on propane”, FuelPositive CEO Ian Clifford states in the news release about the broadcast (https://ibn.fm/FEOjZ). “The transportation sector just didn’t see a benefit to switching to ammonia until now, because the production of traditional ammonia results in massive carbon emissions. But, when you use our carbon-free NH3 made from green electricity rather than traditional ammonia, it means we can move people around and transport goods with no pollution.” In addition, ammonia presents advantages over the generally preferred green energy solutions that rely on hydrogen. Hydrogen can be stored physically as either a gas or a liquid, however the storage and transportation process is complicated because such storage typically requires high-pressure tanks and cryogenic temperatures. Therefore, improvements in the technology necessary to store and transport hydrogen are generally considered key to advancing its use as a renewable solution (https://ibn.fm/om7zd). Ammonia, however, is easy to store and transport using existing infrastructure. Its chemical symbol, NH3, is often referred to as hydrogen nitride instead of ammonia in recognition of its nitrogen and three hydrogen atoms. That structure makes ammonia the ideal carrier for hydrogen — in addition to the portability of FuelPositive’s technology, the end user can convert the green ammonia back to its hydrogen element to be used to produce electricity in a hydrogen fuel cell. It’s also much less expensive to manufacture carbon free ammonia than pure hydrogen by volume, according to the company. FuelPositive’s carbon-free production process also eliminates fertilizer-related carbon emissions in the agriculture sector. Currently, the agriculture industry remains the largest user of ammonia. Over 80 percent of traditional ammonia is used as fertilizer. The analysis by emissions reduction and carbon credit specialist Andre Mech that FuelPositive commissioned found that Canada has enough off-peak green electricity to produce carbon free ammonia to fuel 63 percent of all the passenger cars, light trucks, passenger aviation, buses, light rail, motorcycles, freight trucking, freight aviation, rail, marine and other sector vehicles in the country using non-polluting, carbon-free NH3 as a fuel. The analysis also found that Canada has enough off-peak green electricity to produce carbon free ammonia to fuel 100 percent of the passenger and commercial freight needs of its industries. 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

Friendable Inc. (FDBL) Increasing Artist Revenue Through Artist Pro Opportunity via Fan Pass Platform

  • Fan Pass releases new offering exclusively for independent artists seeking next-level advantage in analytics, exposure, merchandise sales and overall streaming revenue
  • The Company’s Pro services offer artists the opportunity to gain access to basic, standard, and premium logo, merchandise, and marketing services for a fee
  • Streaming gear is available for purchase for artists on the platform to further enhance their craft using high quality equipment
  • Fans can sign up to gain access to their favorite artists for a monthly fee – offering VIP access to live stream events and behind-the-scenes access
Currently at the heart of its 120-day plan, Friendable (OTC: FDBL), a mobile technology and marketing company focused on developing and identifying products, services, and brand opportunities, is increasing its offering to artists joining the Fan Pass platform with pro services and streaming merchandise. Artists can sign up for the livestreaming platform for free, host live performances for fans, and earn revenue for the sales they gain on the platform. With the release of the Fan Pass version 2.0 and the Artist Pro offering being tested for independent artists using the platform, CEO Robert A Rositano, Jr. stated “As we are onboarding new artists to the Fan Pass version 2.0 platform, it’s the ideal time to deliver additional support services to any artist who feels big labels aren’t for them and who wants to find an alternative way to get heard, get known and get paid. Delivering this capability to the artists on our platform is what Fan Pass is all about” (https://ibn.fm/FhiEV). The current selection of streaming gear is available through the Fan Pass store online. Equipment available online includes amplifiers, tripods, wireless microphones, and other high-quality items that every artist joining the platform needs to perfect their art. Those who sign up for the newsletter will receive an additional discount with their first purchase. Artists can use their new gear to make the best quality music videos and live streamed events to increase revenue potential. The user feedback from the Artist Pro structure will provide Friendable with more forward-thinking marketing strategies, which is aimed toward providing users with:
  • The activation and set up of a merchandise store
  • Custom merchandise designs (includes initial merchandise design)
  • VIP all-access subscription to Fan Pass platform and content
  • Promotion of all scheduled artist events
  • Advanced analytics and fan data access, reported directly through the artist’s dashboard
This is available for the low rate of $8.99 per month. Along with the streaming gear, Friendable offers a premium line of pro services to help advance artists and their careers. These pro services include logo, merchandise, and marketing categories – in basic, standard, and premium formats. Each category provides artists access to quality logos, merchandise, and marketing materials made for their music and brand. Artists also make revenue on the merchandise they sell through the Fan Pass store. These are all a part of the digital media campaign being rolled out for artist and fan acquisitions by the company. The goal is to show artists, and fans alike, that the brand is one that can be trusted as a long-term partner while still extending the reach for new revenue growth opportunities. The Artist Pro platform is just one of the ways that Friendable is delivering their commitment to artists and fans in a tangible way, as pointed out by Rositano Jr. in an interview. He also pointed out that it is through these new offerings on the platform that the company is able to share achievements with artists, fans, the Friendable team, and its shareholders. For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.com. NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL

DSG Global Inc. (DSGT) Subsidiary Announces Launch of Innovative Three-Wheel, Four-Passenger EV

  • New Sagitta electric vehicle will be unveiled at Nov. 17 LA Auto Show
  • Imperium is CMW’s primary Sagitta distribution partner; company anticipates high demand for game-changing vehicle
  • Limited production planned by late 2022, reservations accepted mid-year
DSG Global (OTCQB: DSGT) and its subsidiary, Imperium Motors, have announced the planned unveiling of the Sagitta(TM) electric vehicle during the upcoming Nov. 17, 2021, LA Auto Show (https://ibn.fm/3R6GE). Imperium will partner with California Mobility Works (“CMW”) to show the new three-wheel, four-passenger EV, which is expected to create quite a stir during the shows. “We are thrilled to team up with CMW and make Sagitta a huge success,” said Rick Curtis of Imperium Motors. “As a company focused on the EV market for many years, we are very confident that this vehicle will be a big winner.” Imperium is CMW’s primary Sagitta distribution partner, and the company anticipates high demand for the vehicle as well as a need for downstream partners to meet that demand. The innovative vehicle features superb styling and engineering and is designed to set a new standard for aesthetics, passenger and cargo space, range, and value. Sagitta will also showcase new technology that allows easy configurability and a wide range of owner-defined interior features. In addition, the vehicle should dramatically expand the accessibility of environmentally responsible EV technology to a broad range of consumers. “I am very excited to roll out this incredible new vehicle, which is not only a breakthrough in value for the EV market, but it is a thing of beauty and people will be pleasantly surprised by many innovations in the design,” said CMW cofounder and chief designer Jim Shook. Following the Nov. 17 unveiling of the Sagitta, CMW will begin initial testing and validation of the vehicle. The company anticipates limited production by late 2022 and will start accepting reservations for the vehicle sometime next year. “Jim and his team have done a remarkable job with Sagitta, which by the way means arrow in Latin,” said CMW chair Scott Burton. “And as an EV enthusiast, I am totally confident in the product and the immediate and continued success it will have in the market.” Founded in 2018 with the main objective of designing and manufacturing EVs, CMW is focused on transforming the EV market by providing world-class electric vehicles specifically designed to expand and accelerate the already fast-growing space. With an end goal of becoming a leading EV company within five years, CMW is committed to delivering superior value without sacrificing style, performance or safety. The company was founded by several luminaries of Silicon Valley including Kamal Consaga, Bobby Rekhi and Jim Shook. Imperium Motor Company is an ideal partner for CMW. An expert in EV sales, marketing and distribution, Imperium offers an impressive array of EV vehicles with emphasis on great design, a green mindset, performance, and functionality. Imperium vehicles include high-speed, mid-speed and low-speed electric vehicles, including cars, trucks, SUVs, vans, e-bikes, buses and scooters. “The addition of CMW to IMC’s list of OEM partners is a win-win scenario,” the company stated, “as it will greatly strengthen IMC’s product offering, while IMC represents a ready-made distribution and service organization for CMW-designed products.” DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors. With roots in the golf industry, in which it specializes in fleet management with patented analytics, mobile touch-screen engagement and electric golf carts under the Vantage Tag Systems (“VTS”) brand, the company is moving quickly with road-ready electric vehicles sold through its Imperium Motor Company subsidiary. For more information, visit the company’s website www.DSGTGlobal.com. NOTE TO INVESTORS: The latest news and updates relating to DSGT are available in the company’s newsroom at https://ibn.fm/DSGT

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Marks Impressive Performance for Q2 2021

  • $58.5 million in Adjusted Sales for first six months of 2021
  • The company also reported repaying approximately $18 million of debt and restructuring over $20 million into a long-term debt
  • Q2 also marked RWB’s acquisition of Acreage Florida, as well as an operational 45,000 SF greenhouse within the state, which it projects, will begin harvesting in Q4 2021
  • RWB’s CEO expressed his optimism about the company’s performance in the Q3 and the second half of the year, given the strides made and the momentum realized in Q2
On August 30, Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) released its financial results and subsequent events report for the second quarter of the 2021 fiscal year (“Q2, 2021”). While making the announcement, Brad Rogers, the Chairman and Chief Executive Officer (“CEO”) of the company, expressed his optimism about the company’s performance in Q3 and the second half of the year, owing to the strides made by the company, and the momentum realized in Q2. Key takeaways from the announcement included the company’s Q2 13% increase in revenue over the first quarter of the year. It is noted that there were significant raw material inventory purchases over that period, in support of growth for Q3 and anticipation of new branded product launches later down the line. Adjusted sales for the first six months of the 2021 fiscal year totaled $58.5 million, with revenue for Q2 totaling $13.3 million, up from $11.8 million in Q1 2021. The gross margin (excluding adjustments for biological assets) was $9.5 million for Q2 2021 (https://ibn.fm/esKgg). In addition to a growth in revenue, RWB also received the Florida Department of Health, Office of Medical Marijuana Use approval and closed the acquisition of Acreage Florida. Acreage Florida is a company that is licensed to operate medical marijuana dispensaries, a processing facility as well as a cultivation facility within the state of Florida. The transaction would see RWB possess a 114,000 SF facility for cultivation and a 4,000 SF freestanding administrative office building located on 15 acres in Sanderson, Florida. “In Florida, after closing the acquisition at the end of April, we have made strategic investments that are allowing us to quickly ramp up capacity as well as complete construction for new store openings before the end of 2021,” noted Mr. Rogers. Q2 2021 also saw RWB secure 20 double wide fully enclosed cultivation pods that will offer approximately 19,000 square feet of turn-key cultivation space. These pods will also provide 14,400 SF of canopy capable of producing over 7,000lbs of flower every year. RWB also announced having completed the more comprehensive portion of Michigan’s two-step application process for medical marijuana licensing through its wholly-owned operating subsidiary, RWB Michigan, LLC. Additionally, by the close of Q2 2021, RWB had completed over $52 million in financing transactions, retiring at least $7.7 million in debt. The company also closed the acquisition of an operational 45,000 SF greenhouse located on 4.7 acres of land in Apopka, Florida. It projects that the facility will be ready for harvest by Q4 2021. RWB also exercised its option to extend the maturity of its Credit Facility to January 2022, with an option to further extend it to July 2022. In total, over the Q2 2021 period, approximately $10 million of debt was retired, with additional agreements to restructure $20 million of debt, expected to close over the first week of September 2021, and with the maturity date moved to January 2023. RWB is a first-mover, an industry leader in American cannabis. It is driven by becoming the prominent and most recognizable cannabis company in the United States (“US”). It is proud of its ethical, manufacturing, branding, educational and employment standards, the highest in the industry. Since its inception, the company has positioned itself as one of the top three multi-state operators in cannabis and hemp-derived product lines within the US market. Headquartered in Vancouver, RWB has made significant investments within the US and has pending acquisitions in Michigan, and Massachusetts, with plans to enter California at scale. The company plans to create the first-ever standardized cannabis facility in the US to ensure superior quality. For its operations in Michigan, RWB uses a 3rd party licensee. The licensing agreement specifies that the revenue the company can recognize is product sales, less direct expenses, and inventory purchases. Consequently, RWB’s revenue in Michigan is always understated. Still, the company has managed to post impressive results, which make its future look promising. Q2 2021 was remarkable for RWB. Fiscal performance was impressive, and the company also made some strategic decisions and investments that guarantee its growth in performance as time progresses. The company is confident and optimistic about its performance in Q3 as well as the second half of 2021, all stemming from the progress and the momentum achieved from Q2. For more information, visit the company’s website at www.RedWhiteBloom.com. NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://ibn.fm/RWBYF

Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) CEO Discusses Psychedelics, Company’s Progress, Plans, Business in a Recent Bell2Bell Podcast Interview

  • Mind Cure Health Inc. CEO Kelsey Ramsden was featured in a recent Bell2Bell podcast interview, during which she explained the company’s primary focal points – digital therapeutics and drug development
  • On the digital therapeutics side of its business, the company is developing iSTRYM, a clinical-grade, evidence-backed, science-based, AI-driven tool for both therapists and patients, scheduled for full commercial launch in Q1 2022
  • MCUR has successfully synthesized the chemically complex ibogaine and intends to scale up its production during the remainder of 2021
As a diversified life sciences company at the forefront of the mental health industry, Mind Cure Health (CSE: MCUR) (OTCQB: MCURF) actively develops technology, conducts research, and distributes products. According to company President and CEO Kelsey Ramsden, who was featured in a recent Bell2Bell podcast (https://ibn.fm/dyDt5), its two focal points are digital therapeutics, focusing on psychedelic therapy, and drug development, leaning toward psychedelic molecules. When the company was developing its model and go-to-market strategy, it considered the regulation and timing of regulatory change instead of solely focusing on clinics and molecules. This positions the company to align with changes at the government level unlocking some of the psychedelic molecules. “What that meant for us was investigating molecular research that would be the blue-sky horizon, so, independent of when the typical generic MDMA or Psilocybin get approved, we’re in charge of the approval process, meaning we do the clinical research on the novel molecule to get it to market. That is drug development,” stated Ramsden. On the digital therapeutics end, Mind Cure Health is developing a clinical-grade, evidence-backed, science-based, AI-driven tool, known as iSTRYM, for therapists deploying psychedelic assisted therapy in clinics. iSTRYM, which modernizes care, is also meant to help patients have an app that supports them through their care, resulting in better outcomes, shorter patient timeframes in clinic, and approval and unlocking insurance payments for psychedelics. Once dismissed as trifles of counterculture, psychedelics are now being held to a higher regard. This is largely due to revelations, through research, that they can be used to treat mental health conditions such as depression, drug dependency, PTSD, and more. However, according to a New York Times article, they are yet to receive mainstream acceptance despite the ongoing scientific work to change this (https://ibn.fm/ffIQo). This is perhaps due to stigma and the old view people may still have of psychedelics, which is why podcast host Stuart Smith sought to find out how the company intends to deal with this hurdle. “I do think we do have some of these hurdles to overcome, but, at the same time, with tools like digital therapeutics and research-backed psychedelics, I think we overcome some of the stigma with science,” Ramsden explained. So far, in 2021, MCUR has reached some key milestones, including raising $23 million in a bought deal short form prospectus public offering that closed in February this year (https://ibn.fm/BJH9h). On the technology side, MCUR launched the minimum viable product (“MVP”) of iSTRYM in Q3 2021. On the drug development and research side, the company synthesized ibogaine and has launched the second stage of manufacturing pharmaceutical grade ibogaine to be used in clinical research. The company has also filed patent applications for two routes of chemical synthesis of ibogaine. “Ibogaine comes from the iboga root out of Africa. It’s a psychedelic drug and is very complex chemically, very difficult to build in the lab fully chemically synthesized, which is what we need to get stability and normalcy so that we can meet FDA regulations. And our team successfully synthesized ibogaine – the full chemical synthesis,” Ramsden continued. When asked about the company’s plans for the remainder of 2021, the company intends to spend about six months iterating the iSTRYM product in anticipation of a full commercial product launch in Q1 2022. Mind Cure Health also aims to scale up its ibogaine production to provide the psychedelic drug to researchers. Further, it is working on new research initiatives, to be announced in due course. For more information, visit the company’s website at www.MindCure.com. NOTE TO INVESTORS: The latest news and updates relating to MCURF are available in the company’s newsroom at http://ibn.fm/MCURF

RYAH Group Inc. (CSE: RYAH) Publishes Report Outlining Cannabis Treatments for Conditions Associated with HIV and AIDS

  • RYAH releases report outlining ways cannabis is being used to treat conditions associated with HIV and AIDS
  • Report data compiled by RYAH Data Ecosystem between January 1, 2018, and August 26, 2021
  • Data includes specific HIV and AIDS conditions, details cannabis strains used by patients
  • Three-part RYAH Data Ecosystem includes volume control and management devices, QR tracking to identify product formulations and parameters, mobile apps to manage information and provide feedback
With a mission to advance remote-health solutions and analytics-based patient treatments across the world, RYAH Group (CSE: RYAH) (formerly RYAH Medtech) is the leader in volume control and management technology for plant-based medicine. The company recently released a report outlining cannabis treatment options to address symptoms and conditions associated with HIV and AIDS. The report, titled “Cannabis Use For Conditions Associated With HIV and AIDS”, is based on data compiled by the RYAH Data Ecosystem between January 1, 2018, and August 26, 2021. Through the RYAH Data Ecosystem, patients were able to submit data outlining symptoms they addressed with the use of cannabis, in addition to detailing specific cannabis strains used to treat those conditions. Some of the conditions logged and analyzed by the RYAH Data Ecosystem included fatigue, cachexia (a disease characterized by loss of muscle mass), mental health issues, wasting syndrome, chronic pain, hepatitis C, nausea, and inflammation. Along with providing gender-specific details on the conditions experienced by users, the report also includes critical information on the diverse range of cannabis strains used by patients to treat each condition. The ground-breaking report is part of RYAH’s data-driven mission to provide innovative plant-based medical treatments that leverage the use of loT (Internet of Things) dose-measuring devices and AI analytics applications. With a focus on collecting and building AI-powered data models, the company’s three-part ecosystem is designed to manage volumetrics and capture pertinent data in order to provide innovative plant-based medical treatments tailored to each patient. Each segment of RYAH’s Data Ecosystem builds upon the company’s goal to generate a flow of information that is critical to building AI-powered models that enhance treatment administration. The first section focuses on providing precision volume control solutions with the RYAH Patch, Inhaler, and Liquid Dispenser. The second segment leverages a QR tracking application to track product formulations and volume control parameters. The final segment features RYAH’s mobile applications that patients can use to provide feedback via their smart devices. With a focus on predictive analytics in the global medical plant and nutraceutical intake industry, RYAH is dedicated to helping doctors and patients leverage the power of data to personalize plant-based treatments for better patient outcomes. Bolstered by a robust intellectual property portfolio and suite of portable, cost-effective products, the company is positioned to lead the industry in volume control and management technology for plant-based medicine. For more information, visit the company’s website at www.RYAHGroup.com. NOTE TO INVESTORS: The latest news and updates relating to RYAH are available in the company’s newsroom at https://ibn.fm/RYAH

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For investors evaluating emerging medical technology companies, the competitive advantages behind a product can be as important as financial results. That was the focus of a recent Medsider interview with Dr. Sudhir Srivastava, founder, chairman and CEO of SS Innovations International (NASDAQ: SSII), a developer of innovative surgical robotic technologies, who discussed the company’s strategy […]

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