• Sproutly is a licensed producer with exclusive rights to Infusion Biosciences’ groundbreaking Aqueous Phytorecovery Process (“APP”) technology for naturally water-soluble cannabinoids
• The Canadian cannabis beverage market is estimated to exceed $4 billion by 2022
• SRUTF executives were tapped to present APP technology at key cannabis conferences

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) is rapidly gaining positive exposure in the cannabis space as the company presents its proprietary APP technological platform at numerous key cannabis conferences in the U.S. and Canada. Sproutly executives most recently shared details of the APP process at the Canaccord Genuity Third Annual Cannabis Conference and at the Cannastocks 2019 Q1 Investor Conference, both in New York City (http://ibn.fm/VfnkU).

Sproutly is also slated to be a featured exhibitor at the Lift & Co Expo on June 6-9 at the Metro Toronto Convention Center in Toronto, Canada. Following this event, Chief Science Officer Dr. Arup Sen will present at the Cannabis Drinks Expo at the South San Francisco Conference Center in San Francisco on July 25, 2019 (http://ibn.fm/J8vH1).

Sproutly acquired Infusion Biosciences and its patent-pending APP technology, which extracts water-soluble forms of cannabinoids for inclusion in beverages and edibles, in August 2018. The deal came with exclusive rights to the APP technology in Canada, Australia, Israel, Jamaica and the EU. Sproutly CEO Keith Dolo described the company’s premium offering, Infuz2O, as “the world’s first and only, truly water-soluble cannabis solution” for formulation into beverages.

“APP technology is a low-cost, gentle method to produce Infuz2O, a groundbreaking discovery that delivers the total effects of the strain of cannabis from which it is made; on-set effects start within approximately 5 minutes and dissipate within approximately 90 minutes,” Dolo stated in an August 2018 news release (http://ibn.fm/klQie).

Infuz2O offers predictable effects that are comparable to smoking and vaping, while also providing an odorless, smokeless and versatile product with precise dosing. While current products on the market can have lingering effects lasting anywhere from four hours to two days, effects from Sproutly’s premium product lasts between 60 and 90 minutes. APP technology is also used in the production of Bio Natural Oils, which deliver the full-spectrum of cannabinoids and terpenes of the strain from which they are made, thus empowering consumers to enjoy the experience of their strains of choice in an edible form (http://ibn.fm/v7jV1).

A joint venture between Sproutly and OCC Holdings Ltd., an affiliate of Moosehead Breweries Limited, one of Canada’s oldest and largest independent breweries, is another positive sign that the cannabis consumable market is ready to explode. The joint venture’s product line will utilize Sproutly’s proprietary Infuz2O water-soluble cannabis formulation to create a truly natural cannabis beverage experience that serves as an alternative to alcoholic products, as the company stated in a news release (http://ibn.fm/1vpJe).

“This partnership with Moosehead marks an important milestone in Sproutly’s mission of delivering a safe and consistent whole plant experience from cannabis, with a lead position in the beverage market,” Dolo stated in a news release. “We have developed a relationship with Moosehead built on trust and our shared vision of creating safe, responsible and high-quality cannabis beverages and we look forward to making this a reality for Canadian consumers.”

ArcView Market Research and BDS Analytics project that consumers in the United States and Canada will spend more than $4 billion on cannabis edibles by 2020 (http://ibn.fm/yTfQ8). “Legal cannabis-derived edible products, from candy and chocolate to infused beverages, is a sector worth watching over the next few years,” the report stated.

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

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

• Gene therapy could help overcome barriers that currently stand in the way of a cure for cancer
• Genprex is developing innovative, gene-based approaches toward the treatment of cancer, specifically non-small cell lung cancer
• Clinical trials so far have yielded encouraging data regarding the efficacy and safety of the company’s product candidate, Oncoprex

Gene therapy could potentially advance the creation and delivery of effective cancer treatments in the years to come. Various companies are leading the way, and pioneers such as Genprex Inc. (NASDAQ: GNPX) are pushing for the introduction of innovative and targeted therapies that have the potential to help patients with various malignancies.

Gene therapy refers to the therapeutic delivery of DNA or RNA to the cells of a patient for the purpose of treating a disease. It was first conceptualized in 1972, and some of the first successful gene therapy trials took place in the 1990s (http://ibn.fm/ioJWo).

Today, Genprex is working on an innovative, gene therapy-based approach for the treatment of non-small cell lung cancer (NSCLC). The company’s initial product candidate is called Oncoprex immunogene therapy, and it encapsulates a tumor suppressor gene (TUSC2) that is delivered through cholesterol nanoparticles.

Oncoprex is administered intravenously. According to Genprex CEO Rodney Varner, Oncoprex allows a systemic and targeted approach toward the treatment of NSCLC, because the nanoparticles are attracted to the cancer cells like a magnet.

Once Oncoprex reaches the cancer cells, TUSC2 is expressed into a protein that restores some of the defective gene functions arising in cancer cells, and the nanoparticles are taken up at a rate that’s up to 25-times higher than in the case of normal cells.

Research suggests that Oncoprex is synergistic with targeted and immunotherapies, and research has also shown that Oncoprex delivers results in several ways. It interrupts the proliferation of cancer cells, helps cancer cell death and modulates the immune response against cancer cells. In addition, Oncoprex blocks mechanisms that can contribute to drug resistance and has demonstrated minimal side effects compared to other lung cancer drugs.

Currently, Genprex holds more than 30 patents for its platform technologies. The company has also recruited renowned scientists, forming a powerful team that features some of the brightest minds in biotech, oncology and clinical research.

Genprex is now conducting the second phase of a phase I/II clinical trial. It also plans to expand its pipeline through the addition of a new clinical study that evaluates the effectiveness of Oncoprex in combination with a checkpoint inhibitor for the treatment of NSCLC.

NSCLC is the most common type of lung cancer. It accounts for approximately 85 percent of all lung cancer cases and, despite the development of innovative treatment strategies, the survival rate for lung cancer patients has not improved significantly over the past 25 years (http://ibn.fm/zQh71).

Breakthrough technologies and therapeutic approaches like those developed by Genprex could take cancer treatment solutions to a new level of effectiveness. Gene therapy could be the one innovative development that will contribute to curing what’s currently incurable, and companies like Genprex are spearheading these efforts.

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

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

• Petroteq Energy completed a private placement of almost $1 million, generating funds that will be used to continue development of its proprietary technology for the environmentally-safe extraction of heavy oil
• Currently utilized at the Petroteq extraction facility in the Utah Asphalt Ridge pilot project, the technology could revolutionize the oil industry
• The company has already reported consistent production at the facility, with plans to expand capacity over the next 24 months

Oil and gas industry technology innovator Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) recently announced the closing of a private placement generating aggregate gross proceeds of $985,950 for a total of 3,775,875 common shares and warrants excisable for 3,431,828 common shares.

According to a press release issued by the company on May 22, the net proceeds will be used for Petroteq Energy’s Utah extraction facility technology, as well as for working capital (http://ibn.fm/XlihD).

Petroteq, a fully-integrated oil and gas company engaged in the development and implementation of proprietary technologies for the environmentally-safe extraction of heavy oils, has a patented close-loop clean extraction technology that is already yielding results. The technology is currently in production at the company’s Asphalt Ridge pilot facility in Utah.

The technology has so far proven to be commercially viable and environmentally-friendly. Petroteq started delivering oil to the regional market in 2018, and it has reported consistent production. Output forecasts for early 2022 suggest expanded production capacity that will reach 5,000 to 8,000 barrels of oil per day (http://ibn.fm/Btq12).

Through the use of the patented Petroteq technology, the company can extract heavy oil and bitumen from oil sands, shale and shallow oil deposits. It produces zero greenhouse emissions or waste. In addition, high temperature isn’t a requirement for the extraction to take place.

Heavy oils are a highly sought-after resource for the production of jet fuels and low-sulfur fuel products. The patented Petroteq production process is thus proving to be important for the provision of resources in various industries.

The first-of-its-kind technology is the most environmentally-friendly oil extraction method available right now. Oil sands are mixed with a solvent solution and crushed, allowing the oil to be extracted. The original sand material is returned to the desert floor minus its oil content. The solvent used for the extraction can then be recycled, making numerous uses possible.

Commercial production has already been initiated in Utah, where Petroteq extracts oil from bituminous asphalt. Phase 2 of the production cycle is expected to be reached in 2020, proving beyond doubt the massive potential of the proprietary technology.

Research suggests that the Utah oil sands deposit holds 15 billion barrels of recoverable oil. The Petroteq Asphalt Ridge lease features a large contingent of oil sands.

Petroteq is currently working to expand its oil sand resource under U.S. federal oil and gas leases. These encompass nearly 8,480 gross acres, or 4,240 net acres. Furthermore, Petroteq now holds 100 percent of the operating rights and interests under the lease for oil sand development.

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

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

• Plus Products creates cannabis edibles to support healthier lifestyles
• The company offers top products in the adult-use, medical and CBD segments
• PLUS recently reported record revenues for Q4 2018

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) is a foremost cannabis-branded products manufacturer with a mission to make cannabis safe and approachable. Based in San Mateo, California, Plus Products manufactures edibles created to support a healthy and active lifestyle. The company focuses on producing edibles using extracts to ensure compliant, dosable and appetizing options that provide a consistent cannabis experience. All of its products are manufactured in its 12,000-square-foot, food-safe cannabis manufacturing facility in Adelanto, California.

PLUS products are exclusively available in California. The company’s products make up some of the leading edibles brands in the state. According to BDS Analytics, the leading independent cannabis retail-sales analytics company, PLUS was the number one edibles brand by retail sales and units sold in Q3 2018 and Q4 2018 (http://ibn.fm/qhtBJ). PLUS has leading products in the adult-use, medical and CBD (cannabidiol) segments (http://ibn.fm/PJV2d).

The U.S. cannabis market is estimated to reach $75 billion by 2030 (http://ibn.fm/8mvki). With this meteoric market growth, PLUS is at the forefront of developing products that appeal to sophisticated consumers. Experts in numerous fields work together to create the company’s unique edibles. The PLUS team consists of chefs, chemists, food-manufacturing experts, engineers, machinists, visionaries, creatives, strategists and others.

The company’s product portfolio includes Refresh pink lemonade-flavored gummies that are precisely dosed with 3.5mg of THC (tetrahydrocannabinol) and 1.5mg of CBD. Its products also include Restore blackberry & lemon gummies, precisely dosed at 4.5mg of THC and 0.5mg of CBD each, and Uplift sour watermelon sativa low-calorie gummies. Additionally, its product line includes CBD Relief mango flavor gummies, which are made with 4.5mg of cannabis-derived CBD and 0.5mg of THC per piece.

Plus Products’ newest addition to its product family — Create sour blueberry low-calorie gummies —is infused with hybrid flower and contains 5.0mg of THC. Moreover, the gummies are gluten-free and made with kosher ingredients. PLUS also offers a line of low-dose edible Classic Mints. These flavored tablets (40 mints per tin) contain 2.5mg of THC and less than 0.1mg of CBD each (http://ibn.fm/N4Frl). The company also manufactures a variety of limited-edition products (http://ibn.fm/QUQmp).

Recently, Plus Products reported its audited financials for the quarter and calendar year ended December 31, 2018. Annual revenues increased to $8.4 million in 2018, marking a 681 percent increase over 2017 revenues of $1.1 million. Q4 revenues were a record $3.1 million, up 31 percent from Q3 and 770 percent over Q4 2017. The company noted that revenue growth was driven by sales of its concentrated brand portfolio of four full-time SKUs and one rotating seasonal (http://ibn.fm/fU4Ps).

“We remain proud that PLUS had significant growth in both revenue and market share in a year where the greater legal California cannabis market shrank and underperformed expectations due to unclear regulations and an increase in underground market sales,” PLUS co-founder and CEO Jake Heimark stated in a news release. “We look forward to greater regulation and increased enforcement in 2019 that will allow the legal industry to continue to prosper and help us continue on our mission of making cannabis safe and approachable for everyone.”

Plus Products is using its knowledge from scaling in California to enter new markets with proven products and brands. PLUS remains committed to its vision of owning the branded product space with its innovative offerings.

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

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

• SHRG plans to focus on growth in Canada and other countries
• The company’s CEO is targeting new global markets; he credits the company’s U.S. success to Elepreneur independent sales associates and Elevacity Global LLC
• SHRG’s subsidiary scheduled an event in Ottawa prior to its entry into the Canadian market

Sharing Services Global Corporation (OTCQB: SHRG) is utilizing its Blue Ocean Strategy in the direct-selling industry as it prepares to follow up on success in the United States with entry into Canada. The company plans to build on its recent success through its Elepreneur subsidiary and an expanded focus on additional international markets.

Earlier this month, SHRG’s Elepreneur division scheduled a special event in Ottawa as a prelude to entering the Canadian market (http://ibn.fm/X9cN6). In a filing, SHRG said that it is also seeking to pursue other international markets with “excellent growth opportunities” in Europe, Mexico and Asia (http://ibn.fm/SigWa).

SHRG CEO John ‘JT’ Thatch credits the financial success of the company in large part to its independent sales entrepreneurs. These individuals are part of Elepreneur and are encouraged to employ the Blue Ocean Strategy of being a leader while creating and capturing a market.

On www.BusinessNewsDaily.com, a co-author of the book Blue Ocean Strategy, Professor Renée Mauborgne, said that the strategy advises businesses to seek new markets, lead and “stop competing and start creating.” She and fellow Professor W. Chan Kim wrote a follow-up book, Blue Ocean Shift: Beyond Competing, elaborating on the strategy. “The lesson here is that the best defense is offense, and the best offense… is to make a blue ocean shift and create your own blue ocean,” Mauborgne added.

Utilizing that model, SHRG has posted sharp fiscal gains. “Our March revenues are proof that our Blue Ocean Strategy is being well accepted in the direct-selling marketplace, and we want this growth to continue within new markets,” Thatch stated in a news release (http://ibn.fm/npsR4).

For March 2019, SHRG reported record sales of $10.4 million. In the three months ended January 31, 2019, the company’s consolidated net sales were $25.9 million, as compared to $960,182 in the same period of the prior year (http://ibn.fm/wD70w).

SHRG is a Plano, Texas-based diversified holdings company that owns, operates or controls a variety of companies engaged in direct selling through independent sales representatives. SHRG also offers services such as energy, technology and insurance. Its divisions include Elevacity Global LLC and Elepreneur LLC.

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

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

• SHRG is reshaping how entrepreneurs succeed by providing quality products and training that encourage 100 percent organic growth
• The company is pursuing international expansion while continuing to explore new market opportunities
• SHRG recently implemented a new U.S. Hispanic-focused marketing strategy

Diversified holdings company Sharing Services Global Corporation (OTCQB: SHRG) is focused on reshaping how entrepreneurs succeed. The company is accomplishing this goal by elevating a growing international network of home-based entrepreneurs, known as Elepreneurs, to generate 100 percent organic growth.

These Elepreneurs enjoy a unique compensation and reward program designed to elevate their own health, wealth and happiness. The goal is to create independent business leaders through mentorship, live seminars and training events. The company’s growing selection of health and wellness products empowers Elepreneurs with high-quality products to share with consumers and continue the rapidly increasing organic growth that is key to the company’s business model.

SHRG’s sales and assets have been increasing rapidly. In January 2019, the company reported $65 million in revenue. This growth is credited to the launch of new health and wellness products, happy customers and the dedication of Elepreneurs. In the last few months alone, SHRG has grown by 10,000 independent sales representatives. Since 2017, the company has established a new 10,000-square-foot facility in Texas, commenced international expansion and is continuing to explore new market reach in the United States.

SHRG’s recent announcement showcases a commitment to building a diverse portfolio (http://ibn.fm/sJzp7). New Spanish versions of the company’s website and key marketing materials are being created to target the rapidly growing U.S. Spanish-speaking community. According to the 2017 U.S. Census (http://ibn.fm/AoEhr), people of Hispanic origin make up 18.1 percent of the country’s population and are the second-largest ethnic group.

“We are fulfilling the need, as requested by our Elepreneur distributors, to have Spanish versions of electronic materials to further expand our business in the U.S,” Sharing Services CEO John “JT” Thatch stated in a news release. “Our March sales revenues are proof that our Blue Ocean Strategy is being well accepted in the direct-selling marketplace, and we want this growth to continue within new markets.”

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

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

• The company’s strategic partnerships expand its product placement, while its white-labeling program captures additional market share
• ETST is committed to improving women’s health worldwide with the launch of Hygee
• The company continues to explore expansion of product placement, both online and in retail spaces

Florida-based biotech company Earth Science Tech Inc. (OTCQB: ETST) operates in the fields of hemp cannabinoid, nutraceutical, pharmaceutical and medical device research and development. The company’s focus on strategic partnerships and becoming a global leader in the CBD sector, along with its commitment to bringing cutting-edge pharmaceutical and medical-device offerings to market, has put ETST in an intriguing position.

Strategic partnerships are key to ETST’s success. In February 2019, the company announced (http://ibn.fm/jHVNM) its entry into agreements with CannaBiz and Dessert Sun Distribution to provide high-grade, full-spectrum products to pharmacies, chiropractors, dispensaries, athletic clubs and clinics throughout the United States. The company has also created a way for other marketers to rebrand ETST’s full-spectrum cannabinoids line following countless white-labeling inquiries. By fulfilling these inquiries, the company is able to capture even more market share.

ETST is committed to bringing cutting-edge pharmaceutical and medical devices to market. Earth Science Pharmaceutical Inc., a wholly owned subsidiary of ETST, is focused on offering low-cost diagnostic tools, testing processes, medical devices and vaccines for women to detect and treat sexually transmitted illnesses.

The company’s first medical device to market is Hygee. Designed to detect STIs including chlamydia, Hygee is now ready for export, the company reports. Queen Concept Inc. has entered into a distribution agreement with ETST, making it the exclusive distributor of Hygee in Vietnam for the next five years. Nearly 7.5 million women in Vietnam fall within the demographic recommended for testing. Vietnam is the first of many countries that ETST is targeting.

Chlamydia is a global issue, with an estimated 130 million new cases diagnosed yearly. Diagnosing and treating chlamydia is particularly important for pregnant women, as the disease can be passed to the baby during childbirth. Following the launch of Hygee in Vietnam, marketing efforts will target North America, South America, Asia and Africa. Hygee packaging will feature English, French, Portuguese, Spanish, Vietnamese and Arabic in an effort to reach the 1.5 billion people who claim one of those languages as their mother tongue (http://ibn.fm/h2aEs). ETST is dedicated to revolutionizing women’s health worldwide.

Operating through four wholly owned subsidiaries, the company continues to explore expansion of product placement, both online and in retail spaces, as it develops a world leader role in the CBD space.

“I’m excited to share that our sales during the past three quarters have consistently increased over 100% every month,” ETST Chairman Nickolas S. Tabraue stated in a news release (http://ibn.fm/0T0Ya). “We have also received countless white-labeling inquires, and thanks to our reliable source and manufacturer, we are now able to fulfill these inquires and capture even more market share. We have a lot of opportunity on deck for 2019.”

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

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

• QMC Quantum Minerals is focused on developing its Irgon Lithium Mine
• The company is working to expand its known area of mineralization in the 1,100-meter-long anomaly at the Central and Mapetre dikes
• A drill core provided by owners of the nearby TANCO mine site confirmed the presence of significant spodumene mineralization on the Irgon property

QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) engages in the acquisition, exploration and development of natural resource properties. All of the company’s projects are located in the Province of Manitoba, one of Canada’s most mining-friendly, productive and centrally located mining regions. Focusing on spodumene-bearing (lithium) rare-element pegmatites, precious and base metal properties, QMC’s projects include the Irgon lithium mine project and two volcanic massive sulphide (“VMS”) properties — the Rocky Lake and Rocky-Namew — known collectively as the Namew Lake District Project. QMC’s goal is to locate and develop economic precious, base and rare-metal resource properties of merit.

The flagship Irgon lithium mine project consists of the Irgon Dike and several other known spodumene-bearing pegmatite dikes that have been identified within the property. The Irgon project is comprised of 22 contiguous mineral claims that encompass a total of 11,325 acres. The Irgon lithium mine is positioned only 20 kilometers north of the TANCO mine. To date, this mine has been one of North America’s most successful lithium producing operations. As QMC moves forward, it is aggressively working toward having its Irgon lithium mine project be the company’s first property to reach full production (http://ibn.fm/ctIvw).

During the recent Irgon drill program, the company announced that Cabot Corp., the owners of the nearby Tantalum Mining Corporation of Canada’s (TANCO) mine, had provided QMC with the opportunity to evaluate and re-sample the drill core that TANCO retained in storage from its 1978 drill program. This historical drilling was undertaken on the Central and Mapetre pegmatite dikes, which are also situated within the Irgon property. QMC has confirmed the presence of significant spodumene mineralization in the historical drill core (http://ibn.fm/5K8h1).

In the 1978 logs, visual spodumene was reported. QMC has confirmed, on resampling, that pegmatite was intersected in all drill holes. QMC sawed the half core left in the core box, leaving a quarter of the original core in the TANCO inventory. SGS Labs analyzed the samples obtained from the core for 56 elements, including lithium, tantalum, niobium, rubidium and cesium. Analysis was by sodium peroxide fusion followed by inductively coupled plasma atomic emission spectroscopy (ICP-AES/ICP-MS).

Lithium-ion batteries are used in electric vehicles (EVs), laptops, notebooks, cell phones, power tools and more. Energy & Capital noted (http://ibn.fm/O9WPD) that “even though the EV business has grown significantly over the past several years, the market is just now prepared to really take off. Global electric vehicle production is expected to increase by more than 30x in the next 15 years alone! And as a result, lithium demand is expected to follow.” This is excellent news for QMC, with the Irgon lithium project moving quickly toward production.

QMC’s 100 percent owned Namew Lake District Property covers the Rocky Lake Discovery, which lies within the world-class Flin Flon/Snow Lake VMS mining district of Northwestern Manitoba. The property encompasses roughly 23,000 hectares. The formerly producing Namew Lake mine, located within the same greenstone belt, is 11 kilometers away and produced 2.57 million tonnes of copper, nickel, gold, silver, palladium and platinum during its five-year mine life. QMC’s initial emphasis is on bringing the Irgon lithium mine property into production. However, the Namew Lake District property remains a very prospective, yet largely untested, project with excellent potential to bring a strong future to QMC.

Headquartered in Vancouver, British Columbia, QMC is at the vanguard in North America to meet the increasing demand in the lithium market. The company is also leveraging opportunities and diversification across the precious and base-metals sectors. With significant historical exploration and development having now been enhanced by recent drilling and sampling results, QMC offers investors the potential for ROI as it focuses on its Irgon and two VMS projects.

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

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

• Sugarmade Inc., one of the largest publicly traded hydroponics supply companies, recently announced that it will be developing a cultivation monitoring system based on artificial intelligence (AI) technology
• The system will enable real-time field monitoring and will also make intelligent recommendations to address problems
• Through the use of the Sugarmade monitoring system, hemp and other agricultural cultivators will ensure optimal growth conditions designed to optimize yields

Sugarmade Inc. (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, will be developing an artificial intelligence-based hemp cultivation and agricultural monitoring system, as the company announced in a press release on May 14, 2019 (http://ibn.fm/B6T9a).

Through the use of AI devices placed throughout fields, agricultural producers will collect vital information about growth conditions (soil, moisture, air humidity, etc.). The information will be gathered via a central control system, enabling adjustments in the cultivation process through intelligent recommendations.

Sugarmade’s new development will be based on narrowband internet of things (IoT) technology – a cellular communication technology that provides wide area coverage for the purpose of gathering information.

The technology is characterized by a few key advantages, including long battery life of data collection devices, simplicity of setting up the network and extensive coverage that goes beyond the scope of other existing cellular technologies.

AI-based monitoring systems are especially beneficial within the hemp cultivation industry. As hemp is turning into one of the most valuable crops in the world, cultivators are seeking effective monitoring methodologies that guarantee optimal yields, Sugarmade CEO Jimmy Chan said in a news release. The Sugarmade AI platform will enable real-time tracking of field conditions, while also providing intelligent recommendations to mitigate existing issues, Chan concluded.

Sugarmade is a major supplier in the hydroponics cultivation sector. Based in in Los Angeles County, the company has numerous operations across diverse marketplaces. Sugarmade is one of the largest publicly traded hydroponics suppliers moving into the industrial hemp space.

As hemp cultivators are starting to benefit from new opportunities stemming from the passing of the federal Farm Bill, suppliers like Sugarmade also enjoy steady growth potential.

The hemp industry was already flourishing in 2017, and it hit $1 billion in 2018. Hemp cultivation saw a massive increase in planted acreage in 2018, and the number is anticipated to rise even higher by the end of 2019. As a result, experts predict a shortage in cultivation supplies that will create opportunities for companies like Sugarmade.

According to previous Sugarmade announcements, the company is anticipating a substantial payoff from its commitment to the industry. In April 2019, the company announced a supply contract agreement with Hempistry Inc., a Kentucky-based hemp cultivator. The agreement focused on the provision of supplies for Hempistry’s micropropagation operations. Through this venture, Sugarmade has already expanded the scope of its operations.

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

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

• Siyata Mobile is developing technologies designed to provide unique solutions for the communication needs of commercial fleets and first responders
• Siyata recently launched two new products – one to enhance safe commercial fleet communication during vehicle operation and another to offer workers a rugged handheld phone with push-to-talk over cellular (PoC) for their workplaces
• The company envisions a market that’s virtually free of competition, with potentially close to 10 million commercial vehicles and 3.5 million first responder vehicles looking to upgrade legacy systems to in-vehicle PoC technology

Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) is dedicated to building a top-quality experience into its communications platforms for enterprise customers, specializing in connected vehicle products for professional fleets, marketed under the Uniden Cellular brand.

Siyata’s flagship device is the UV350, a push-to-talk over cellular (PoC) device that the company hails as the only all-in-one in-vehicle data platform currently offered worldwide (http://ibn.fm/zKMEz) for commercial fleets.

The UV350 is designed to promote a safe way to communicate on the road by eliminating potential distractions that might occur when multiple devices come into play for managing commercial vehicle functions and transmissions. The devices’ installation ensures that their Android operating system is always powered by the vehicles’ batteries.

“Our innovative Push-To-Talk 4G devices continue to attract the attention of leading cellular carriers and their enterprise customers,” CEO and Board Chairman Marc Seelenfreund stated in a news release. “We are strongly aligned with some of the largest carriers in the world to take advantage of this paradigm shift from traditional LMR (Land Mobile Radio) to PoC, and we look forward to updating the market of these partnerships throughout 2019.”

Push-to-talk (PTT) technology generally involves communication devices that have a handheld microphone with a simple button for transmission to eliminate background noise as multiple parties talk. It is frequently employed in police, firefighter and truck driver radios. Siyata’s technology brings the concept into the digital age with the PoC service platform that lets drivers enjoy the advantages of mobile phones without having to make multiple calls to access an active talk group.

The launch of a rugged mobile handset, the 4G/LTE-enabled UR7, provides employers a reliable, durable and safe means of communicating with their workers, wherever they may be. The Android-powered phone includes dedicated PTT and SOS buttons in a flip phone design that can easily be carried in pockets.

Siyata envisions a wide field of opportunity as commercial fleets and first responders move to replace aging two-way LMR technology. The company cites U.S. Department of Transportation statistics indicating that nearly 10 million commercial trucks and some 3.5 million first responder vehicles may need to update to a PoC system (http://ibn.fm/lovMw) and that the systems open new potential revenue streams for North American cellular networks with little current competition for Siyata.

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

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