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Energy Fuels (NYSE American: UUUU) (TSX: EFR) Focused on Eliminating Debt, Growing Uranium Inventory

  • UUUU has eliminated half of the company’s debt, plans to be debt free by end of 2020
  • Company will have estimated $30 million of uranium & vanadium inventory — more if market prices rise — by end of 2020
  • Energy Fuels working toward producing rare earth elements in the U.S.

The largest uranium mining company in the United States, Energy Fuels (NYSE American: UUUU) (TSX: EFR) has eliminated one-half of its debt, plans to be debt free by the end of the year, and anticipates having $30 million of inventory value by the close of 2020 (http://ibn.fm/YpNEV). The company holds three of America’s key uranium production centers, including the White Mesa Mill, the only conventional uranium mill currently operating in the United States today.

“The strength of Energy Fuels’ balance sheet is unsurpassed in the global mid- and junior-uranium mining sectors today, including decreasing debt loads and increasing values on our product inventories,” said Energy Fuels president and CEO Mark S. Chalmers.

Uranium mining peaked in the 1980s with more than 250 operating mines, making the United States the world’s largest producer of energy fuels at that time. The situation has changed significantly since then. The U.S. now ranks 15th in the world and produces a mere 1% of the world’s uranium (http://ibn.fm/sEY6i) and less than 1% of U.S. requirements (http://ibn.fm/S120N).

Nuclear energy is clean energy, generating 20% of all electricity and more than 55% of the carbon-free, emission-free electricity in the country. Its continued use is vital in combating global climate change and air pollution, while also remaining affordable.

Energy Fuels is the top U.S. producer of uranium, supplying over one-third of the nation’s needs for the past 15 years. However, the country continues to import the majority of its uranium from foreign countries. Energy Fuels is working to change this by leading efforts in the 2018–2019 Uranium Section 232 (http://ibn.fm/OSTJQ), the Nuclear Fuel Working Group (http://ibn.fm/dWqGS), and the proposed creation of the new U.S. strategic uranium reserve (http://ibn.fm/1iMCl).

“No other comparable uranium miner to my knowledge has Energy Fuels’ inventory levels, and many are incurring significant debt to advance their development and exploration projects,” Chalmers stated. Decreasing debt has been a focus of Energy Fuels over the last several years. Being debt free by the end of 2020 protects the shareholders if the market does not meet expectations.

Energy Fuels anticipates 640,000 to 690,000 pounds of uranium inventory by the end of 2020; at the current value of uranium that is about a$22,000,000 value. Also, Chalmers shared that the company has 1,675,000 pounds of high-purity finished vanadium product, worth around $8.9 million at today’s prices. “I can think of no other comparable uranium miner anywhere in the world that has the potential to have over $30 million of inventory value at the end of 2020 — and possibly much more if uranium and/or vanadium prices improve,” he stated.

The company is looking into entering the rare earth elements (“REE”) space as well, which will incorporate the recycling of REE-bearing materials (http://ibn.fm/zjTe0). There is a lot of interest in rare earths at the current time, and Energy Fuels management believe the company is more advanced than other companies in the U.S. with respect to producing a salable rare earth concentrate (http://ibn.fm/xADbd).

Uranium recycling, vanadium production and the alternate-feed material recycling program have also created diverse cash-flow-generating opportunities for Energy Fuels that has played into the company’s ability to reduce debt while remaining environmentally responsible. The company’s alternate-feed material recycling program takes waste from non-mine sources and industrial activities and produces uranium, a clean-energy resource.

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

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

Predictive Oncology Inc. (NASDAQ: POAI) Appoints New Board Members; Adds Depth of Knowledge, Experience to Strengthen Company’s Vision

  • Appointments signify POAI’s commitment to aligning board’s expertise with company’s strategic vision
  • Board members to support development, commercialization of unique offering that improves outcomes for oncology patients, value to shareholders
  • New appointments effective immediately

Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine, announced the appointment of three new highly qualified individuals to its board of directors (http://ibn.fm/gezoD). The three new board members — Dr. Nancy Chung-Welch, PhD; Charles L. Nuzum, CPA; and Greg St. Clair — bring with them more than a century of invaluable experience in business development, marketing and financial expertise in the life-sciences space.

“These appointments signify our absolute commitment to aligning our Board’s expertise with the company’s strategic vision of developing and commercializing an offering that will enable us to support the improvement in healthcare outcomes for oncology patients and increase value to our shareholders,” said POAI CEO Dr. Carl Schwartz. “Each of these members brings a wealth of knowledge, experience and thought leadership that will be highly valuable as we execute our plans to develop and market AI-based predictive models that leverage our unique tumor bank.”

Bringing with her more than 25 years of business development and marketing experience in the life sciences market, Chung-Welch has built a strong record of national and global accomplishments. She currently works as an independent consultant in the life-science sector, with a targeted focus on the research product/tools market.

She has served as director of business development at both Cell Signaling Technology and Thermo Fisher Scientific as well as technical marketing manager for Fisher Scientific. In those roles, she conceptualized, launched and managed products and services in the laboratory, medical, biotech/pharma, academic and government markets. Chung-Welch earned a PhD in vascular physiology and cell biology from Boston University.

As a certified CPA and experienced board member for several international organizations, Nuzum brings with him almost 50 years of operations, executive leadership and military experience across a broad spectrum of enterprises. He currently provides project-based financial consulting services to companies such as McKesson, BioMarin, AutoDesk and Squire Patton Boggs.

In addition, he co-founded and served as CFO for two companies: Tyburn Group, a financial services company that creates and delivers prepaid payroll and general-purpose card programs, and SVC Financials Services, one of the first companies in the field to integrate a mobile money solution for global distribution. As CFO of Loomis Fargo & Co. for almost 20 years, Nuzum transformed the company from a small Seattle-based armored car company to an international security and diversified-transportation company with more than $350 million in revenue and over 3,000 employees. An Army veteran and recipient of the Bronze Star and Army Commendation Medal, Nuzum served all over the world and as an intelligence officer in Washington, DC.

As an innovator and entrepreneur, St. Clair has more than 30 years of hands-on experience in growing companies across a variety of markets. His broad experience includes executive leadership, strategic planning, compliance, reimbursement and revenue integrity and cycle management in the health systems and biomedical sectors. St. Clair is founder and a managing member of SunStone Consulting. Prior to that, he worked as a national vice president for three different organizations — CGI, ImrGlobal and Orion Consulting — and as a national director for Coopers & Lybrand.

The new appointments are effective immediately. POIA’s board of directors includes seven members, with each new board member serving as an independent director as defined by Nasdaq Corporate Governance rules.

POAI is bringing precision medicine, or tailored medical treatment using the individual characteristics of each patient, to the treatment of cancer. Through the company’s Helomics division, the company leverages its unique, clinically validated patient derived (“PDx”) smart tumor profiling platform to provide oncologists with a road map to help individualize therapy. In addition, the company is utilizing artificial intelligence and its proprietary database of over 150,000 cancer cases tumors to build AI-driven models of tumor drug response to improve outcomes for the patients of today and tomorrow.

For more information about the company, visit www.Predictive-Oncology.com.

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

SRAX Inc. (NASDAQ: SRAX) BIGtoken Platform Announces Launch of New BIG Seasons Payment System

  • SRAX’s BIGtoken platform announced launch of BIG Seasons payment system
  • Over course of each three-month long ‘season’, users earn points through variety of methods – including filling out surveys, uploading purchase receipts, referring new subscribers
  • At season’s end, BIGtoken users can opt to redeem their earned points
  • BIG Seasons marks SRAX’s latest growth initiative as company seeks to continue development of its 16.7 million user BIGtoken consumer data intelligence platform

SRAX Inc. (NASDAQ: SRAX), a digital marketing pioneer focused on providing consumer data management services, has announced the launch of a new payment system for its proprietary BIGtoken platform. Through its revolutionary BIGtoken platform, which boasted 16.7 million users as of the end of the first quarter of 2020, SRAX enables its subscribers to provide their advertisers with access to verified consumer data, which in turn can help companies better reach and serve their audiences. Now, as a part of its new initiative to continue growing out its platform, SRAX has announced the launch of BIG Seasons – a new payment system for the millions of subscribers on its platform (http://ibn.fm/xhrEV).

BIGtoken’s recent BIG Season officially launched on July 1, 2020 in the U.S., UK, Canada, Australia, New Zealand and South Africa. Each BIG Season is set to run for three months at a time, during which time platform subscribers will be able to earn points by engaging in a myriad of different activities. At the end of each season, users will be able to cash out their points and opt to receive their payments through PayPal, gift cards or through a charitable donation made on their behalf.

In turn, BIGtoken has now made it easier than ever for its users to earn more points. In addition to the platform’s characteristic one-swipe surveys, users will also be able to carry out High Point Surveys (i.e. traditional, long-form surveys provided by brands), BIG Rewards (e.g. brand promotions which ask users to scan receipts for instant rebates – only in the U.S. for now), and Sponsored Actions, which allow users to earn points by watching videos, playing games, and more. Lastly, users will be able to earn more points than ever before by introducing new subscribers to the BIGtoken platform.

By earnings points, BIGtoken users are able to raise their tiering within the application. Platform subscribers will enjoy further benefits as they see their point tiers rise through the five available levels, beginning as a ‘Starter’ all the way through to gaining the coveted ‘Influencer’ rank. With all payments being made within 15 days following the conclusion of each season, BIGtoken has made it easier than ever for consumers to own and manage access to their data while gaining compensation in return.

A recent study by MarketsandMarkets estimated that the Big Data industry would rise to a value of $229.4 billion by 2025 (http://ibn.fm/TvIPU), implying a compounded aggregate growth rate of 11 percent per annum over the next 5 years. SRAX has sought to capitalize on the growing demand for quantifiable and detailed consumer data through the creation and development of its proprietary BIGtoken platform – providing an invaluable bridge between companies and their target demographic audiences. Following the launch of the BIG Seasons payment system, and with the big data industry set to increase exponentially in size over the next five years, SRAX and its proprietary platform seem well-positioned to benefit from the swelling tide of growth.

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

Energy Fuels (NYSE American: UUUU) (TSX: EFR) in Ideal Position to Benefit from Increasing Demand for Clean Energy

  • Producing clean energy with zero carbon emissions, zero air pollution
  • Recycled over 6 million pounds of uranium to produce clean, carbon-free energy
  • Positioned to participate in the cleanup of Cold War-era uranium sites

The country’s largest producer of uranium and the leading producer of vanadium, Energy Fuels (NYSE American: UUUU) (TSX: EFR), is also one of the greenest companies in the United States. As the demand for clean energy grows, UUUU appears to be well positioned to benefit from the focus on being green.

As demand for clean energy increases, so does the need for nuclear energy. In 2019, 20% of all electricity and 55% of all clean-energy production in the United States was nuclear (http://ibn.fm/5Mv3t). Meanwhile, fossil fuels still account for a majority of greenhouse gas emissions. These finite resources continue to harm the environment even though there are better alternatives, chief among them, nuclear energy (http://ibn.fm/ICk09).

Nuclear energy is clean energy because it produces zero carbon emissions and zero air pollution. Power is generated through fission, a process that splits uranium atoms to produce energy. Heat, released by fission, turns water into steam, which spins a turbine and generates electricity. No harmful byproducts are emitted throughout this process. Since reactors only extract a small percent of the energy in their fuel, the uranium can be recycled.

An excellent clean-energy option that operates 24/7, nuclear is affordable and offers high-capacity factors and grid stability, while producing zero carbon emissions and zero air pollution. The energy source also has a small footprint in comparison to other renewable energy sources. For example, wind farms require 360 times more land area and solar photovoltaic plants require 75 times more space than the one square mile it takes to operate a typical 1,000-megawatt nuclear facility in the U.S. (http://ibn.fm/sNmMJ).

To date Energy Fuels has recycled over 6 million pounds of uranium from its alternate feed recycling program. The electricity that has been produced from this program has avoided 85 million tons of CO2 emissions that would have been created with coal.

Over the past 15 years, Energy Fuels has produced over one-third of all U.S. uranium, which is more than any other company except Cameco. While the United States is the largest consumer of uranium in the world, consuming 55 million pounds each year, it produces under 1% of its needs (http://ibn.fm/uDDHU), importing the rest from foreign countries, including Russia, Canada, Kazakhstan, Namibia, Australia, Uzbekistan, Niger, South Africa and others, and drawing down finite inventories (http://ibn.fm/wBiAV).

Energy Fuels is leading a charge to change this, while maintaining its commitment to operating green. Over the past few years, the company has led industry efforts to have the U.S. government recognize the importance of domestically produced uranium. These efforts have included the 2018–2019 Uranium Section 232 (http://ibn.fm/AAas5), the Nuclear Fuel Working Group (http://ibn.fm/EvJTO) and the U.S. strategic uranium reserve (http://ibn.fm/zVth0).

Energy Fuels is based out of Colorado and has three strategic uranium facilities. The White Mesa Mill in Utah is currently producing uranium from alternate feeds, and it is located near some of the largest and highest-grade uranium mines and projects in the country. The Nichols Ranch Plant is in Wyoming, operated until April 2020, and has significant future expansion potential, including 34 fully licensed well fields with significant in-ground uranium resources. The third facility is the Alta Mesa Plant located in Texas, a low-cost production site currently on standby with a total operating capacity of 1.5 million pounds of uranium per year.

As the only facility in the U.S. that can recycle material into usable uranium, Energy Fuel’s White Mesa Mill is also well positioned to participate in the cleanup of Cold War-era uranium sites. Right now, the U.S. has access to $1.7 billion for the cleaning up of abandoned uranium mines on and near the Navajo Nation. Plus, the company is quickly entering the rare earth element (“REE”) space.

Energy Fuel has more uranium production facilities, capacity and experience than any other uranium company in the country. By the end of 2020, UUUU plans to be debt free and working toward opportunities that further align with being one of the greenest companies in the country. As nuclear energy increases in demand, as additional oversight is placed on imports, and as the government pushes forward in its efforts to clean up abandoned mines, Energy Fuels is well positioned and ready for growth.

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

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

VOD First Mover The Movie Studio Inc. (MVES) Files Application for Registered Trademark with the U.S. Patent and Trademark Office

  • MVES files application to patent its name, insignia, phrase and logo with U.S. Patent and Trademark Office
  • MVES monetizes movies, licensed content through advertiser on demand (“AVOD”) and subscription video on demand (“SVOD”) services
  • VOD industry expected to reach $86 million by 2025, growing at CAGR of 10.7% from 2020-2025

As more entertainment consumers cut the cord and gravitate to Video on Demand (“VOD”), The Movie Studio (OTC: MVES), a vertically integrated motion picture production and distribution company, continues to make bold moves to solidify its industry position – this time by filing an application to trademark its name with the U.S. Patent and Trademark Office. The move represents a logical next step for MVES as it seeks to protect its recognizable name, insignia, phrase and logo in preparation for the release of its new app that will showcase its motion picture content to a loyal global audience.

Both MVES’s brand and logo are recognized assets that widely communicate the company’s brand, products and services across the VOD, smart TV and blockchain-based digital film marketplaces. The company’s Movie Studio app features both advertiser on demand (“AVOD”) and subscription video on demand (“SVOD”) services that monetize its movies and licensed content. Soon to be integrated with eStreamTV, a provider of integrated advertising on television platforms, MVES’s disruptive technology breaks boundaries initially set by the legacy advertising model of the industry, giving the company an edge in content distribution and monetization.

“The pending trademark of ‘The Movie Studio’ fulfills our objective as we enter the second tier of the digital revolution,” stated president and CEO Gordon Scott Venters in recent statements (http://ibn.fm/vjBUW). “We have confidence in the value proposition of the brand and our acceleration into the exploding digital motion picture universe.”

Besides its distinctive revenue model, MVES has also innovated its marketing strategy through the app’s MovieSodes feature that displays partial distribution of its productions. Through the use of a fractured manufacturing process, the ten-minute episodes will be filmed intermittently, featuring short inventive clips of content that are then joined at the end into a feature movie for global distribution. Along with creating excitement around the film, the Moviesodes component also inspires user engagement through an additional feature that lets users submit audition clips that are sent to producers for possible participation in upcoming productions.

MVES’s disruptive revenue, marketing and production strategies position the company as a first mover in the rapidly-expanding VOD space, expected to show an annual growth rate of 10.7% between 2020 and 2025, resulting in a projected market volume of nearly $86 million by 2025 (http://ibn.fm/r2IJs). The trend is expected to continue as more televisions are manufactured with built-in apps that enable over-the-top (“OTT”) platforms, further influenced by the closure of movie theatres and other public entertainment spaces that forcibly alter the habits of consumers.

MVES operates with a core mission of creating shareholder value through motion picture production and aggregation, diversified revenue models, and marketing strategies that attract and engage legions of loyal fans. With world events rapidly shifting consumer preferences towards VOD, MVES is in a favorable position to emerge as a unique – and soon to be patented – brand within the VOD industry.

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

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

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Adds Another National Auto Insurance Network to its Growing Online Sales Platform

  • PowerBand Solutions’ variety of remote-access auto sales and loans services are providing consumers an array of smart tech-enabled resources
  • The company’s new cloud-based platform permits car and truck buyers the same ease in transacting purchases that they find on large retail operations such as Amazon
  • PowerBand has announced the expansion of its network of B2B outlets thanks to a referral agreement with insurance products provider Royal Administration Services, Inc.
  • The company has also completed agreements this year with managing general insurance agency Comprehensive Auto Resources Company, Inc. (“CARco”) and D&P Holdings to offer insurance and warranty products through their networks

Emerging automotive fintech enterprise PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), is expanding the reach of its cloud-based car sales services with a referral agreement introducing a network of more than 1,800 vehicle dealerships to PowerBand’s virtual transaction platform.

The agreement announced July 28 will draw on automotive insurance products provider Royal Administration Services, Inc.’s national nexus of vehicle outlets as a potential source of business for PowerBand Solutions’ smart phone-accessible array of contactless sales and selling solutions (http://ibn.fm/oomE6).

PowerBand’s forward-thinking platform is a resourceful new alternative to existing methods for completing sales transactions, providing a nimble process for customers and dealers to buy, sell, lease and finance vehicles as easily as they buy products through web-based retailers such as Amazon.

Royal Administration’s network includes auto retailers and more than 80,000 vehicle service centers in all 50 states. Under the agreement between Royal Admin and PowerBand’s strategic partner and investor, D&P Holdings, Inc., Royal Admin will direct dealerships to the PowerBand digital transaction platform and receive a fee for each referral.

“This is a further extension of our ability to offer insurance and warranty products to drivers and dealers on the PowerBand digital transaction platform,” PowerBand CEO Kelly Jennings stated. “We now have a network of partners in the automotive insurance sector who will be referring PowerBand to thousands of dealers, who can reach millions of consumers.”

The July referral agreement builds on a similar one announced in June in which managing general insurance agency Comprehensive Auto Resources Company, Inc. (“CARco”) said it would use its B2B network of six national insurance companies and more than 1,000 agents to promote its products through PowerBand’s solutions (http://ibn.fm/4LBkW), as well as automotive warranty and insurance products firm D&P Holdings’ announcement it would promote PowerBand’s platform to its network of more than 850 car and truck dealerships nationwide in conjunction with an investment commitment announced in April (http://ibn.fm/0k3nC).

PowerBand began originating vehicle sale loans in July for outlets in Texas and Florida, and reports that California loan origination will follow in the near future. More states will be added by the end of the year.

PowerBand’s revenues grew seven-fold in 2019 to nearly $2 million, and while the global pandemic has taken a large bite out of vehicle sales this year PowerBand remains optimistic that its remote-access solutions will provide just the remedy auto consumers need during this era of social distancing.

“PowerBand is an entirely new way for drivers to acquire or sell a car and we wanted to be part of this industry breakthrough,” Royal Administration Executive Vice President Dominic Sansone stated. “We are confident that dealers will be motivated to offer our products to their customers across America using PowerBand.”

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

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

Pac Roots Cannabis Corp. (CSE: PACR) is “One to Watch”

  • Pac Roots focuses on high-end genetics in order to maximize the quality of its products while maintaining high yields and profit margins
  • Through a partnership with plant breeding management and analytics firm Phenome One and its massive genetics library, Pac Roots is well positioned to become a trailblazer in providing industry-leading strains not currently available in the regulated market
  • Via over 350 analytically assayed and rigorously tested cultivars and the continued development of elite lineages, the company offers unique varieties focused on medicinal applications and featuring specific cannabinoid and terpene profiles
  • The company’s selective breeding process results in a catalog featuring fewer lines with superior genetic quality, which translates to a competitive advantage
  • A joint venture between Pac Roots and Rock Creek Farms has begun planting premium CBD hemp seedlings in a 100-acre growing space located in the famous ‘Golden Mile’, with preliminary results suggesting a successful harvest this fall
  • In July 2020, the company announced a massive land acquisition of 250 acres with no zoning restrictions in Fraser Valley, one of the most productive and intensively farmed areas of Canada, via a share purchase agreement
  • Pac Roots is in the process of completing its 20,000 square foot cultivation facility in Lake Country, British Columbia. The facility is expected to feature approximately 7,600 square feet of cultivation space that will enable the company to cycle through an elite line of high-grade cultivars

Pac Roots Cannabis (CSE: PACR), is a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach.

The company began operations in 2012, with activities primarily directed toward exploration and development of mineral properties in Canada. Today, it is focused on cannabis and hemp cultivation, leveraging high-end genetics and specialized cultivars to produce top quality products. Pac Roots has announced multiple promising initiatives in recent months, including its formation of an outdoor premium hemp joint venture with partner Rock Creek Farms in British Columbia, Canada, and its agreement to acquire all issued and outstanding shares of a firm holding 250 acres of land in the famed Fraser Valley Region of British Columbia.

Pac Roots is also in the process of completing its 20,000 square foot cultivation facility in Lake Country, British Columbia. The facility is expected to feature approximately 7,600 square feet of cultivation space that will enable the company to cycle through an elite line of 350+ unique, high-grade cultivars. Pac Roots expects to receive a cultivation license for the facility in the fourth quarter of 2020.

High-End Selectively Bred Genetics

Pac Roots focuses on high-end genetics in order to maximize the quality of its products while maintaining high yields and profit margins.

Through the process of artificial selection, farmers and cultivators have been adapting their plants to develop particular phenotypic traits for generations. Historically, this practice was restricted to underground cannabis producers developing their own strains.

The legalization of the cannabis industry has given producers access to thousands of cultivars located throughout the world while accelerating research into cannabis genetics. By carefully selecting strains, growers can control the size, color, smell, density and texture of cannabis buds, thereby creating distinctive, premium cannabis products.

Plants are bred to thrive in specific growing environments. This maximizes the yield of high-quality, resilient cannabis. Medical cannabis strains can also be tailored for specific medicinal purposes.

A strategic partnership with Phenome One, a plant breeding management and analytics firm, gives Pac Roots access to some of the world’s best cannabis genetics from the largest genetic library in Canada. The company is using these genetics to develop unique strains featuring a variety of beneficial characteristics.

The company’s 350+ licensed live cultivars and over 1,800 seed varieties are the result of a meticulous gene selection process, through which as many as 600 individual plants may be grown to produce a single strain. Selecting optimized genetics in this way provides benefits beyond simply producing a high-end product. In addition to potency and bud quality, cannabis plants are bred for yield and resilience. By selecting genetics that result in larger and more numerous buds on each plant, Pac Roots is able to grow more cannabis per grow light.

Breeding plants to be more resilient also reduces the cost and labor required. These factors, combined with the premium price point associated with top-quality cannabis, have the potential to improve Pac Roots’ overall profit margin.

Partnership with Phenome One

Pac Roots has secured its cultivars through a strategic licensing agreement with Phenome One. Under the agreement, Pac Roots has unlimited access to Phenome One’s live genetic library, including any of Phenome One’s cultivars and its growing, breeding and cloning IP.

Phenome One is an agricultural technology company focused on providing software solutions to seed companies. Phenome One’s platform gives its partners access to a massive database of detailed information on over 350 unique cannabis cultivars to support each stage of the breeding process. Each cultivar has been laboratory analyzed and rigorously field-tested, with data going back more than 30 years.

Using Phenome One’s data, Pac Roots plans to grow a variety of cannabis plants optimized for certain traits. One such trait will be plants with an abundance of cannaflavin, a rare terpene with high anti-inflammatory properties. Phenome One’s library could enable Pac Roots to produce plants that are bred to thrive in a range of different growing climates, including plants suited to grow in cold weather and plants that are resilient to region-specific fungi.

Joint Venture with Rock Creek Farms of British Columbia

Pac Roots recently entered a definitive investment agreement with Rock Creek Farms, a reputable agricultural enterprise, for a 100-acre commercial hemp operation in Rock Creek, British Columbia. The growing space is located in the highly lucrative farming area known as the ‘Golden Mile’ in the South Okanagan Valley of British Columbia. (http://ibn.fm/s1twS).

Under the agreement, the two companies have formed an outdoor premium hemp joint venture company to which Pac Roots is providing an aggregate of $450,000 in capital and Rock Creek Farms is contributing two commercial leases for 100+ acres of growing space, along with cultivation licenses, agricultural infrastructure and equipment, consulting services, intellectual property relating to hemp operations and proprietary biomass storage methods. Pac Roots holds a 60 percent interest in the project.

About 127,500 premium hemp CBD seedlings were planted across 100 acres as of early July 2020. The joint venture is planting a premium grade CBD hemp variety utilizing the rich native soil and both traditional and custom farming techniques.

“Our operational partners at Rock Creek Farms bring decades of generational farming expertise in one of Canada’s pre-eminent growing regions,” Pac Roots President and CEO Patrick Elliott said in a news release detailing the venture. “It will be an exciting outdoor growing season for the joint venture as we anticipate a successful harvest in the fall.”

Infinite Development Possibilities at Fraser Valley Property in British Columbia

In mid-July 2020, the company initiated a share purchase agreement with 1088070 BC. LTD. (“1088”) and its shareholders for the acquisition of all issued and outstanding shares of 1088 (http://ibn.fm/bjlBU). Notably, 1088 owns and controls 250 acres of land spread over nine parcels in the Fraser Valley Regional District.

The Fraser Valley Regional District is one of the most productive and intensively farmed areas of Canada, offering access to high-quality soil, favorable climate, water and a local market of 2.5 million people. Agriculture in this region yields an annual economic value of more than $3 billion.

The closing date for the transaction is slated for September 4, 2020, after a 51-day due diligence period. According to Elliott, the addition of such a significant package of land is a major step for Pac Roots.

“This land has no zoning restrictions and is not situated within the agricultural land reserve, which provides for infinite development possibilities,” Elliott added in a July 2020 news release.

Board of Directors member Chad Clelland also welcomed the acquisition, adding that between Fraser Valley and Rock Creek – both of them among the most productive agricultural regions in Canada – Pac Roots is very well positioned for production and the future development of its hemp and cannabis infrastructure.

The RAD Americas Genetic Program – Research and Development in Americas Genetic Program

Pac Roots intends to deploy a global R&D program focused on rigorously testing elite strains in various rich agricultural regions throughout the Americas, with a goal of mass selection to achieve the utmost environmental resilience while achieving notable quality and yields. From seed to software, collection data, proprietary techniques and custom nutrient formulas, Pac Roots and Phenome will provide the specific knowledge to cultivators in different climates in order to achieve optimal yields for THC, CBD, CBG and other unique cannabinoids. R&D from global testing programs situated throughout the Americas will allow the partnership to deploy and stress test a range of suitable cultivars in the world’s lowest cost outdoor growing regions.

The company expects an industry shift in 2020 from the COVID-19 global pandemic. The ‘new normal’ will bring more focus on efficiencies and optimal yields to deliver a cost effective, high quality product to the end user. There has been much to be learnt from the inefficiencies in the cannabis industry in recent years, which have been detrimental to the credibility of the sector. Pac Roots is well positioned to enter the scene and take advantage of the deficiencies, reinforcing the notion that genetics and flawless growing techniques are paramount to success. Genetics and systems innovation may be the most overlooked components when comparing cannabis to other established agricultural crops. Pac Roots plans to invest into cannabis R&D to ensure a solid foundation is built that will be used by cannabis farmers worldwide.

Through its RAD Americas Development and Innovation, Pac Roots is focused on:

  • Deploying one of the largest live genetic libraries in Canada, diversified for high yield output and unique climates
  • Continued stress testing for indoor, high yield, THC and medicinal genetics
  • Continued stress testing for outdoor, high yield, THC and medicinal genetics
  • Exotic, genetic cloning for the luxury, high margin, cannabis flower market
  • Psychoactive/medicinal ratio testing for effect and
  • Unique Cannabinoid and terpene elevation and isolation.

Through its RAD Americas Field Testing System, the company is focused on:

  • Global testing in different microclimates to assess genetic and complete systems for optimal yields
  • Data collection, testing and optimization to prove process for commercial implementation and
  • High quality yield testing for THC, CBD, CBG and other unique medicinal cannabinoids

Lake Country Cultivation Facility near Kelowna, British Columbia

Pac Roots is in the process of completing its 20,000 square foot cultivation facility in Lake Country, British Columbia. The facility is expected to feature approximately 7,600 square feet of cultivation space that will enable the company to cycle through its line of high-grade cultivars. Pac Roots plans to submit a video evidence package of the facility build under Health Canada’s Cannabis Tracking and Licensing System, and the company expects to acquire its cultivation license in the fourth quarter of 2020.

Lake Country is a municipality located just outside of Kelowna in the Okanagan region of British Columbia. For decades, the region’s favorable growing climate has made it a hub for cannabis cultivation. As the Canadian legal cannabis industry ramps up, the Okanagan region is attracting attention from dozens of cannabis companies, including some of the industry’s biggest names. The region’s strong agricultural history has left it rich with experienced agricultural workers and an abundance of Agricultural Land Reserve (“ALR”) property.

Management Team

Patrick Elliott, MSC, MBA, President and CEO of Pac Roots Cannabis, is also the President & CEO of Lexore Capital Corp., a private resource and cannabis investment company, as well as Phenome One Corp., a full-service cannabis farming company focused on elite strain selective breeding. Elliott brings over 15 years of corporate finance, mineral exploration and financial markets experience to the Pac Roots team. He is a graduate of the University of Western Ontario in geology and holds an MSc. in mineral economics and an MBA from Curtin University of Technology in Perth, Australia. Elliott specializes in economic resource evaluation, financial modeling, CAPEX estimation, corporate development and finance. Combined with his technical knowledge, Elliott has a wealth of contacts in the financial sector.

Marc Geen, Founder and Strategic Operations Advisor, is a fourth-generation British Columbia farmer who has been active in the legal medical marijuana industry for more than 10 years – consulting on, complying with, and participating in the MMAR, MMPR and ACMPR programs. Prior to co-founding Speakeasy Cannabis Club Ltd., Geen spent 14 years as Head of Operations for Kettle Mountain Ginseng Ltd., one of North America’s largest ginseng producers. With the experience gleaned from a long career in large scale commercial farming, Geen has been able to apply many cost-effective farming practices to the outdoor, indoor and greenhouse cultivation of cannabis. Geen is also the co-creator of a full line of cannabis extract products designed under ACMPR regulations.

Matt McGill, Director, has a strong background in both commercial and residential real estate and has played a major role in many development projects. McGill, through McGill Realty, has established a tremendous commercial and residential outfit servicing British Columbia’s Fraser Valley and the lower mainland. McGill is skilled at crafting strategic financing options for corporations and has a substantial network of retail and institutional clients.

Chad Clelland, Director, has experience in the sector dating back to 2009, when he purchased Medicalmarijuana.ca, which became an information portal for thousands of patients, doctors and growers. Through this company, he and his team have helped thousands of Canadians find legal, safe medication. His team also consulted, designed and submitted dozens of applications to the government under the MMPR, ACMPR and Cannabis Act. In 2011, Clelland co-founded Greenleaf Medical Clinic, which is now recognized as a training facility by the University of British Columbia and offers preceptorships to physicians, nurse practitioners and pharmacists. He also co-founded Folium Life Science in 2013, an approved Canadian Licensed Producer. His roles in these organizations have included Chief Operating Officer, head of security, alternate master grower and alternate responsible person in charge.

Josh Bromley, Senior Cultivation Strategist, is a second-generation farmer with over two decades of experience farming, breeding, cultivating and selecting unique cultivars for the medical community. He is an expert in plant science and possesses a comprehensive knowledge of cultivars and a mastery of medicinal implementation. Bromley has developed proprietary farming systems, as well as low cost/high output nutrient systems. Through thoughtful design and engineering, he has been able to consistently show improvements in crop yields, pathogen resiliency and quality.

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

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

ISW Holdings (ISWH) Along with Partner Bit5ive Poised to Leverage Growing Potential in Crypto Mining Equipment Space

  • With economy gradually normalizing, one report projects marijuana stocks will “rebound with vigor”
  • ISWH, new partner positioned to be powerful players in this promising sector
  • The two companies recently announced the finalization of new Proceso S19 Pod5ive data center design

As the cannabis space heats back up again, investing in the promising market could be worth looking at. A recent InvestorPlace article noted that pot stocks will “soar” in the second half of 2020, and industry newcomer ISW Holdings (OTC: ISWH), a brand-management portfolio company with a new partnership in the  crypto mining equipment sector, is ideally positioned in the space.

“The economy is gradually normalizing,” reported one InvestorPlace markets analyst. “And stocks — particularly marijuana stocks — are rebounding with vigor. The ETFMG Alternative Harvest ETF is up more than 50% from its March lows.

“I’d stick with this big rally in pot stocks,” the article continues. “It’s only going to heat up in the second-half of 2020. . . . Revenue trends will improve on the back of more store openings and new products. Margin trends will improve thanks to curbed production and cost-cutting measures. Profit trends will materially improve alongside higher revenues and margins. And pots stocks will soar.”

ISWH and its new partner, Bit5ive, look to be powerful players in the cannabis market. They two have joined together to build and deliver the single most elegant and efficient data center pods in the world (http://ibn.fm/g36JM). The two companies took a major step forward in accomplishing that earlier this month when they announced the finalization of the new Proceso S19 Pod5ive data center design, which is capable of powering 1MW of computing mining power. Geared primarily for the cryptocurrency mining industry, the Proceso S19 Pod5ive Data Center offers next-generation, dynamic self-management functionality, plug-and-play operation, virtually nonexistent maintenance needs, and an industry best-in-class 1.025 PUE

Bit5ive is targeting the first deployments beginning in August, with its initial pod delivery bound to the 100-MW renewable energy Bit5ive LLC project in Pennsylvania. “The S19 Pod5ive Data Center has been engineered from the ground up to deliver an industry leading Power Usage Effectiveness (‘PUE’) score of 1.025,” said ISWH president Alonzo Pierce. “If you eliminate everything superfluous to maximum performance, optimize every remaining factor, and then integrate it into a renewable energy substrate to drive costs down to some of the lowest levels available anywhere in the world, this is what you get.”

Based in Nevada, ISW Holdings is a diversified portfolio company comprised of essential business lines that serve consumer product demands. The company’s expertise lies in strategic brand development and early-growth facilitation, as well as brand identity through its proprietary procurement process. Together with its partners, ISWH seeks to provide a structure that meets large scalability demands as well as anticipated marketplace needs. ISWH maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration and distribution efficiency.

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

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

Trxade Group, Inc. (NASDAQ: MEDS) Continues to Report Revenue Successes Despite Pandemic’s Economic Ravages

  • Trxade Group provides a digitalized supply stream for pharmaceutical and health care services as part of its founding focus on empowering small, independent pharmacies that historically have struggled to compete against large corporate chains
  • The company reported second quarter results July 27 that showed its revenues had grown 244 percent to a record $6.6 million in year-over-year quarterly results, triple the amount garnered during the first quarter of the year
  • The global COVID-19 pandemic caught world markets by surprise during the spring, but Trxade’s emphasis on telemedicine and other online-accessible services positioned it as a visionary company well able to weather the health emergency
  • The company has more than 50 percent penetration of its community pharmacy market nationwide and foresees further growth not only in member participation, but in fee revenue from sales-per-pharmacy metrics

The second quarter financial report of emerging pharmaceutical supplies and services provider Trxade Group (NASDAQ: MEDS) is a modern-moment testament to the hardiness of American entrepreneurial solutions under the most difficult of situations. While large segments of the population have faced easily understandable worries about the economic impacts of governmental and corporate policies responding to the potentially deadly and disabling coronavirus pandemic, many small businesses have found ways to not only survive, but to thrive.

“Revenues for the second quarter of 2020 increased 244% to a record $6.6 million, compared to revenue of $1.9 million in the same quarter last year. Sequentially, this represents an increase of 199% when compared to revenues of $2.2 million in the first quarter of 2020,” Trxade CFO Howard Doss told investors during the company’s first earnings call July 27 (http://ibn.fm/bupQH).

Trxade’s large revenue increase was primarily due to its ability to deliver personal protective equipment at a crucial time when the pandemic was provoking a worldwide scramble to keep workers safe and businesses’ doors open to their customer bases. While the PPE-related revenue boost is unlikely to be sustainable at such a high percentage as the surprise of the pandemic’s emergence wears off, analysts have noted that Trxade’s strategy has kept it on a steady footing with a stable balance sheet, low debt and wide market penetration.

In fact, company executives have described the low-profit-margin PPE products as the reason the company’s margin dropped while revenues were increasing. CEO Suren Ajjarapu told AlphaStreet gross margin remained steady at 70 to 75 percent during the quarter in the company’s tech product sector, and that gross margins could improve once the revenue balance tips away from PPE products once the pandemic subsides (http://ibn.fm/UNLid).

Trxade designed its virtual platform to increase the purchasing power of small, independent pharmacies after observing the difficulties those community pharmacies faced in obtaining drug cohorts in a time-efficient and cost-effective manner. The pharmacies had “no insight or transparency into a fair market price or what others are paying for the same drug. Traditional wholesalers would provide unfavorable payment terms, (and) slow delivery,” Ajjarapu said.

The company’s B2B web-based market platform began drawing together the United States’ estimated 22,000 independent pharmacies and has now achieved more than 50 percent market penetration.

While the platform’s emphasis on transparency saves pharmacists the time-intensive tasks of having to manually compare prices across distributors and brings revenue to the company through a fee model similar to those employed by PayPal and Visa, Trxade has also expanded its own market presence through affiliated services such as those provided by its telemedicine subsidiary, a licensed online pharmacy, and a mobile application through which patients can order drugs online and get them delivered on the same day.

The affiliated services support Trxade’s push for a digitalized supply chain in the pharmaceutical space. The company’s strategies for driving growth are to increase the average purchases per pharmacy on Trxade’s platform, increasing fee revenue in the process, and to continue adding more pharmacies to the company’s network.

“I was particularly pleased with our growth in the second quarter compared to 2019, achieving record quarterly revenues, while continuing to grow average spend per pharmacy on our proprietary platform,” Ajjarapu said. “We continue to meet or exceed internal projections, while regularly attaining key milestone achievements. As a Founder of Trxade, I firmly believe that we are better positioned to create a sustainable value for our shareholders than any prior time in our history. I look forward to continued operational execution into the second half of 2020 and beyond.”

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

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

Sustainable Green Team Ltd. (SGTM) Completes New Mulch Manufacturing Line, Diversifies Further into Evolving Playground Surfacing Material Market

  • Sustainable Green team announced completion of works on its new mulch manufacturing line in Apoka, Florida
  • Newly built facility will allow SGTM to increase mulch manufacturing by four million bags per year
  • SGTM has also recently announced it has achieved IPEMA accreditation to diversify product lines into manufacture of playground surfacing material
  • Recent study estimated that playground surfacing material market value to rise to over $5.8 billion by 2026, driven by increased demand from schools, recreational facilities

Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, has announced that it has recently completed work on its dual mulch bagger and fully automated electric grinding screen operations in Waste Management’s (“WM”) landfill facilities located in Apopka, Florida (http://ibn.fm/boTY7). The completion of the facility, which will allow SGTM to increase its mulch manufacturing by four million bags per year (within one shift) in the Apoka facility comes after the company entered into a joint-venture with Mulch Manufacturing Inc. in October 2019 (http://ibn.fm/2MsqU), an arrangement which SGTM formalized by fully acquiring Mulch Manufacturing and its operations in February of this year.

SGTM’s core business looks to provide the company’s customers with tree services, debris hauling, removal and bio-mass recycling, along with the manufacturing, packaging and sale of next-generation mulch products. However, a key challenge for SGTM and its peer companies within the sector has been to find a sustainable solution for the treatment and handling of tree debris, which was historically sent to local landfills and disposal sites, thereby creating an environmental burden and pressure on disposal sites around the nation.

Following the completion of the company’s dual line mulch bagger and fully automated electric grinding screening operations (http://ibn.fm/MwNTw) in late July, SGTM will be able to re-use the debris which would have traditionally been deposited within Waste Management’s landfills by processing and branding the collected waste products into a premium mulch product. Sold under the Softscape(R) brand name, the Sustainable Green Team’s mulch and landscaping products allow water and air to penetrate the surrounding flora’s soil and roots—a vital function designed to promote plant health and growth (http://ibn.fm/Vqz0P).

“This is a pivotal advancement. With our strong relationship with Waste Management, we are progressing toward achieving true green sustainability,” stated SGTM CEO and director Tony Raynor.

In addition to its efforts in recycling tree and storm waste into commercialized mulch products, the Sustainable Green Team has recently gained the International Play Equipment Manufacturers Association (“IPEMA”) certification to commence recycling waste into playground surfacing material. With demand for playground surfacing material rapidly rising as a result of growing demand from the likes of schools, commercial athletic facilities and recreational spaces, SGTM’s new product line will help the company tap into a market which is estimated to rise to a value of over $5.8 billion by the end of 2026, a 150% increase from 2017’s $3.7 billion (http://ibn.fm/3HqPD).

Through its efforts in expanding the life-cycle of tree and storm waste through its use as feedstock for the manufacture of a variety of value-added product lines, the Sustainable Green Team has consistently attempted to stay true to its adage of providing sustainable solutions for its core storm recovery services. With its latest operational updates, SGTM seems well positioned to continue expanding its operations through a unique combination of organic growth and strategic acquisitions which are accretive to its future earnings.

To learn more about this company, view the investor presentation at http://ibn.fm/2xym7

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

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