Friday, September 11, 2020
Investorideas.com - Cannabis Stock News: Liberty Health Sciences (CSE: LHS) (OTCQX: LHSIF) Introduces Florida to Premium Cannabis Confections and Other Edibles by Clarity Brands and Big Pete's
Investorideas.com - Cannabis Stock News: Liberty Health Sciences (CSE: LHS) (OTCQX: LHSIF) Introduces Florida to Premium Cannabis Confections and Other Edibles by Clarity Brands and Big Pete's
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Agriculture, Defense, Mining and Cannabis/Psychedelic Stocks (CSE: $HAVN.C) added
Investor Ideas Adds New Tech, EV Stocks and Gaming/eSport stocks (NYSE: $ZDGE) (NASDAQ: $XPEV) (NASDAQ: $DKNG) (NASDAQ: $NWGI)
Agriculture, Defense, Mining and Cannabis/Psychedelic Stocks (CSE: $HAVN.C) added
Point Roberts WA, Delta BC, September 11, 2020 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading retail investor resource announces its weekly roundup of stocks added to its free global stock directories; tech, automotive, EV stocks, gaming/eSport, agriculture, defense, mining and cannabis/psychedelics.
Read this in full at https://www.investorideas.com/news/2020/main/09111Stocks.asp
The newest tech companies are involved in blockchain, telecom, cloud computing, semiconductors, mobile apps and computer services.
The latest auto companies include ride sharing, electric vehicles and auto-related consumer services companies.
The newest gaming/eSport companies are involved in casinos, sports betting, eSport and online & video gaming.
Agriculture companies include a leading aquaculture company, a life sciences corporation with a focus on livestock products and an agriculture bioscience company.
The newest defense companies include a high-performance laser company and a cybersecurity company.
The latest mining companies have operations in Canada and the United States, while the newest additions to the cannabis stock directory are involved in regulatory compliance technologies and psychoactive compounds, respectively.
New stocks added to Tech stocks directory
Quantum Computing Inc. (OTC:QUBT) is focused on developing novel applications and solutions utilizing quantum and quantum-ready computing techniques to solve difficult problems in various industries. The company is leveraging its team of experts in finance, computing, security, mathematics and physics to develop commercial applications for industries and government agencies that will need quantum computing power to solve their most challenging problems.
Zedge, Inc. (NYSE:ZDGE) offers a state-of-the-art digital publishing platform that powers our consumer-facing app availing users with a host of digital content - wallpapers, video wallpapers, ringtones, and stickers. We are evolving by developing new apps run on top of our publishing platform and generally focus on the entertainment vertical. Our creators are amateur and professional artists as well as new and major brands who can easily launch a virtual storefront in Zedge where they can market and sell their content to our user base. Our app has been downloaded more than 436 million times, has approximately 29 million monthly active users and has consistently been ranked as one of the most popular free apps in Google Play in the US.
Qumu Corporation (NasdaqGS:QUMU) is the leading provider of best-in-class tools to create, manage, secure, distribute and measure the success of live and on-demand video for the enterprise. Backed by the most trusted and experienced team in the industry, the Qumu Cloud platform enables global organizations to drive employee engagement, increase access to video, and modernize the workplace by providing a more efficient and effective way to share knowledge
Altigen Communications (OTC:ATGN) based in Silicon Valley, is a leading Microsoft Cloud Solutions provider, delivering fully managed Cloud-based Unified Communications services based on the Microsoft platform. Our SIP trunk services, enterprise customer engagement and innovative cloud contact center solutions seamlessly integrate with Microsoft Teams to enhance and extend the business communications capabilities for our customers. Altigen's solutions are designed for high reliability, ease of use, seamless integration into Microsoft technologies, all delivered as fully managed cloud services. Our solutions are available through our global network of certified resellers.
Aehr Test Systems (NasdaqGS:AEHR) is a worldwide provider of test systems for burning-in and testing logic, optical and memory integrated circuits and has over 2,500 systems installed worldwide. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr Test products in package, wafer level, and singulated die/module level test. Aehr Test has developed and introduced several innovative products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak® Carrier and FOX DiePak Loader. The ABTS system is used in production and qualification testing of packaged parts for both lower power and higher power logic devices as well as all common types of memory devices. The FOX-XP and FOX-NP systems are full wafer contact and singulated die/module test and burn-in systems used for burn-in and functional test of complex devices, such as leading-edge memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices. The FOX-CP system is a new low-cost single-wafer compact test and reliability verification solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The WaferPak contactor contains a unique full wafer probe card capable of testing wafers up to 300mm that enables IC manufacturers to perform test and burn-in of full wafers on Aehr Test FOX systems. The DiePak Carrier is a reusable, temporary package that enables IC manufacturers to perform cost-effective final test and burn-in of both bare die and modules.
ADDvantage Technologies Group, Inc. (NasdaqGM:AEY) s a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Through its Wireless segment, Fulton Technologies provides turn-key wireless infrastructure services including the installation, modification and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners and major equipment manufacturers. Through its Telecommunications segment, Nave Communications and Triton Datacom sell equipment and hardware used to acquire, distribute, and protect the communications signals carried on fiber optic, coaxial cable and wireless distribution systems. The Telecommunications segment also offers repair services focused on telecommunication equipment and recycling surplus and related obsolete telecommunications equipment. ADDvantage operates through its subsidiaries, Fulton Technologies, Nave Communications, and Triton Datacom.
Alpine 4 Technologies (OTC:ALPP) is a publicly-traded conglomerate that is acquiring businesses that fit into its disruptive DSF business model of Drivers, Stabilizers, and Facilitators. At Alpine 4 we understand the nature of how technology and innovation can accentuate a business. Our focus is on how the adaptation of new technologies even in brick and mortar businesses can drive innovation. We also believe that our holdings should benefit synergistically from each other and that the ability to have collaboration across varying industries can spawn new ideas and create fertile ground for competitive advantages. This unique perspective has culminated in the development of our Blockchain enabled Enterprise Business Operating System called SPECTRUMebos. Four principles at the core of our business are Synergy. Innovation. Drive. Excellence. At Alpine 4, we believe synergistic innovation drives excellence. By anchoring these words to our combined experience and capabilities, we can aggressively pursue opportunities within and across vertical markets. We deliver solutions that not only drive industry standards but also increase value for our shareholders.
New stocks added to Automotive stocks directory
AutoWeb, Inc. (NasdaqGS:AUTO) provides high-quality consumer leads, clicks and associated marketing services to automotive dealers and manufacturers throughout the United States. The company also provides consumers with robust and original online automotive content to help them make informed car-buying decisions. The company pioneered the automotive Internet in 1995 and has since helped tens of millions of automotive consumers research vehicles; connected thousands of dealers nationwide with motivated car buyers; and has helped every major automaker market its brand online.
XPeng Inc. (NYSE:XPEV) is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers in China. Its mission is to drive Smart EV transformation with technology and data, shaping the mobility experience of the future. In order to optimize its customers’ mobility experience, XPeng develops in-house its full-stack autonomous driving technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrification/electronic architecture. XPeng is headquartered in Guangzhou, China with offices in Beijing, Shanghai, Silicon Valley, and San Diego in the U.S. and the Company’s Smart EVs are manufactured at plants in Zhaoqing and Zhengzhou. ( also added to green stocks directory )
Facedrive (TSXV:FD; OTC:FDVRF) is a multi-faceted "people-and-planet first" platform offering socially-responsible services to local communities with a strong commitment to doing business fairly, equitably and sustainably. Facedrive Rideshare was the first to offer green transportation solutions in the TaaS space, planting thousands of trees and giving users a choice between EVs, hybrids and conventional vehicles. Facedrive Marketplace offers curated merchandise created from sustainably sourced materials. Facedrive Foods offers contactless deliveries of a wide variety of foods with the focus on healthy foods right to consumers’ doorsteps. Facedrive Health develops innovative technological solutions to the most acute health challenges of the day. Facedrive is changing the ridesharing, food delivery, e-commerce and health tech narratives for the better, for everyone.
New stocks added to Gaming/eSports stocks directory
ESE Entertainment Inc. (TSXV: ESE) is a Europe based entertainment and technology company focused on gaming, particularly on esports. ESE consists of multiple assets and world-class operators in the gaming and esports industries. Capabilities include but are not limited to: physical infrastructure, broadcasting, global distribution for gaming and esports-related content, advertising, sponsorship support, and a growing esport team franchise. ESE is focused on bridging Europe, Asia, and North America
HeadsUp Entertainment International Inc. (OTC:HDUP) is a global gaming operator and media company focusing on online gaming, online poker, eSports, sports betting, online lottery, mobile 50/50, charity fundraising platforms and blockchain based payment solutions.
DraftKings (NasdaqGS: DKNG) is a digital sports entertainment and gaming company created to fuel the competitive spirits of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for 50+ operators across more than 15 regulated U.S. and global markets, including Arkansas and Oregon in the U.S. DraftKings’ Sportsbook offers mobile and retail betting for major U.S. and international sports and operates in the United States pursuant to regulations in Colorado, Illinois, Indiana, Iowa, Mississippi, New Hampshire, New Jersey, New York, Pennsylvania and West Virginia. DraftKings’ daily fantasy sports product is available in 8 countries internationally with 15 distinct sports categories. DraftKings is the official daily fantasy partner of the NFL, MLB and the PGA TOUR as well as an authorized gaming operator of the NBA and MLB and an official betting operator of the PGA TOUR.
Accel Entertainment, Inc. (NYSE: ACEL) is a leading distributed gaming operator in the United States on an Adjusted EBITDA basis, and a preferred partner for local business owners in the Illinois market. Accel’s business consists of the installation, maintenance and operation of VGTs, redemption devices that disburse winnings and contain ATM functionality, and other amusement devices in authorized non-casino locations such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores.
Newgioco Group, Inc (Nasdaq: NWGI) is a global leisure gaming technology company operating in 12 countries worldwide, with fully licensed online and land-based gaming operations in Italy. The Company’s innovative alternative wagering system services online operators, resort concept casinos, retail neighborhood betting establishments and franchise distribution networks. Newgioco offers its clients a full suite of leisure gaming products and services, such as sports betting, esports, virtual sports, online casino, poker, bingo, interactive games and slots.
New stocks added to Agriculture stocks directory
Yield10 Bioscience, Inc. (NasdaqCM:YTEN) is an agricultural bioscience company developing crop innovations for sustainable global food security. The Company uses its “Trait Factory” including the “GRAIN” big data mining trait gene discovery tool as well as the Camelina oilseed “Fast Field Testing” system to develop high value seed traits for the agriculture and food industries. As a path toward commercialization of novel traits, Yield10 is pursuing a partnering approach with major agricultural companies to drive new traits into development for canola, soybean, corn, and other commercial crops. The Company is also developing improved Camelina varieties as a platform crop for the production and commercialization of nutritional oils, proteins, and PHA biomaterials. The Company’s expertise in oilseed crops also extends into canola, where it is currently field-testing novel yield traits to generate data to drive additional licensing opportunities. Yield10 is headquartered in Woburn, MA and has an Oilseeds Center of Excellence in Saskatoon, Canada.
Avivagen (TSXV:VIV; OTC:VIVXF) is a life sciences corporation focused on developing and commercializing products for livestock, companion animal and human applications. By unlocking an overlooked facet of β-carotene activity, a path has been opened to safely and economically support immune function, thereby promoting general health and performance in animals. Avivagen’s OxC-beta™ technology is derived from Avivagen discoveries about β-carotene and other carotenoids, compounds that give certain fruits and vegetables their bright colours. Through support of immune function the technology provides a non-antibiotic means of promoting health and growth. OxC-beta™ Livestock is a proprietary product shown to be an effective and economic alternative to the antibiotics commonly added to livestock feeds. The product is currently available for sale in the United States, Brazil, Mexico, Philippines, Taiwan, New Zealand, Thailand, Australia, Malaysia, Mexico and Brazil. Avivagen’s OxC-beta™ Livestock product is safe, effective and could fulfill the global mandate to remove all in-feed antibiotics as growth promoters. Numerous international livestock trials with poultry and swine using OxC-beta™ Livestock have proven that the product performs as well as, and, sometimes, in some aspects, better than in-feed antibiotics.
AquaBounty Technologies (NasdaqGS:AQB) is a leader in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The Company’s objective is to ensure the availability of high-quality seafood to meet global consumer demand, while addressing critical production constraints in the most popular farmed species. The Company’s AquAdvantage fish program is based upon a single, specific molecular modification in fish that results in more rapid growth in early development. With aquaculture facilities located in Prince Edward Island, Canada, and Indiana, USA, AquaBounty is raising its disease-free, antibiotic-free salmon in land-based recirculating aquaculture systems, offering a reduced carbon footprint and no risk of pollution of marine ecosystems as compared to traditional sea-cage farming.
New stocks added to Defense stocks directory
Allot (NasdaqGS:ALLT) is a provider of leading innovative network intelligence and security solutions for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. Allot's multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-based security as a service solution has achieved over 50% penetration with some service providers and is already used by over 23 million subscribers in Europe.
Applied Energetics, Inc. (OTC:AERG) based in Tucson, Arizona, specializes in development and manufacture of advanced high-performance lasers, high voltage electronics, advanced optical systems, and integrated guided energy systems for defense, aerospace, industrial, and scientific customers worldwide. Applied Energetics pioneered and holds all crucial intellectual property rights to the development and use of Laser Guided Energy (LGE™) technology and related solutions for commercial, defense and security applications, and are protected by 26 patents and 11 additional Government Sensitive Patent Applications "GSPA". The company's 11 GSPA's are held under secrecy orders of the US government and allow AE greatly extended protection rights.
New stocks added to Mining stocks directory
79 Resources Ltd. (CSE:SNR) is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Louise Lake Property located in northern British Columbia, approximately 35 kilometres west of the town of Smithers in the Omineca Mining Division.
American Resources Inc. (NasdaqCM:AREC) is a supplier of high-quality raw materials to the rapidly growing global infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon deposits are concentrated. American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure market while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs.
New stocks added to Cannabis/Psychedelic stocks directory
HAVN Life Sciences Inc. (CSE:HAVN) is focused on standardized, quality-controlled extraction of psychoactive compounds from plants and fungi, and the development of natural health care products from non-regulated compounds.
Akerna Corp (NasdaqGS:KERN) is a global regulatory compliance technology company. Akerna's service offerings include MJ Platform®, Leaf Data Systems®, solo sciences tech platform and Ample Organics. Since its establishment in 2010, Akerna has tracked more than $18 billion in cannabis sales. Akerna is based in Denver.
The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.
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Thursday, September 10, 2020
Investorideas.com - Key Congressional Committee Advances Legislation to Facilitate Clinical Research Studies Using State-Authorized Marijuana Products
Investorideas.com - Key Congressional Committee Advances Legislation to Facilitate Clinical Research Studies Using State-Authorized Marijuana Products
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 465 (TSXV: $N.V) (CSE: $PAID.C) (CSE: $AUSA.C) (OTC: $AUSAF)
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 465 (TSXV: $N.V) (CSE: $PAID.C) (CSE: $AUSA.C) (OTC: $AUSAF)
Delta, Kelowna, BC, September 10, 2020 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today’s podcast edition of cannabis news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:
https://www.investorideas.com/Audio/Podcasts/2020/091020-StocksToWatch.mp3
Read this in full at
https://www.investorideas.com/news/2020/cannabis-potcasts/09101N-PAID-AUSA-AUSAF.asp
Hear the investor ideas potcast on Spotify
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Today’s podcast overview/transcript:
Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.
In today’s podcast we look at a few public and private company announcements.
Dosist™ Canada today announced a new exclusive partnership with Medical Cannabis by Shoppers Inc. to supply its innovative dose-controlled cannabis products as part of the Medical Cannabis by Shoppers™ offering.
Shoppers will now offer patients eight dosist product formulations, which include core formulas such as calm, rest, and soothe, all of which deliver a precise balance of THC:CBD to provide targeted results, as well as three new high potency THC-plus formulas. These formulas are administered via dosist's proprietary inhalable devices, providing patients with the first and only precision dosing inhalable products in the Medical Cannabis by Shoppers offering.
Since launching in 2016, dosist has become a globally recognized brand through its award-winning products, focus on testing and quality, and recognition from companies like Time and Fast Company. As the pioneer of dose-controlled cannabis technology and a leader in quality of life need-state formulations, dosist has consistently established itself as one of the top selling brands in its category in the largest legal US cannabis market (California).
"We are extremely proud to partner with such a trusted and respected retailer as Shoppers Drug Mart," said Gunner Winston, CEO of dosist. "Their integrity and history in providing for the medical needs of Canadians is unparalleled, and reflects very strongly our shared commitment to enabling and empowering Canadians to live better. We look forward to bringing our proprietary dose controlled products and natural formulas to Shoppers patients across the country."
Consistent with Shoppers' commitment to providing full product transparency, dosist is one of the only brands in Canada that posts all of its formula batch tests online, allowing patients to see that the products they are inhaling are natural and contaminant free. dosist has also partnered with Shoppers and UHN on the Medical Cannabis Real-World Evidence clinical trial, studying the effects of fully validated cannabis product on sleep, anxiety and depression.
"We are proud to be the only national brand to make dosist products available to Canadians who consume cannabis for medical and wellness reasons," said Ken Weisbrod, Vice President, Business Development/Cannabis Strategy, Shoppers Drug Mart. "We are pleased to bring this innovative and measured platform for cannabis use to our consumers today."
All dosist formulas are administered via their proprietary dose-controlled inhalable technology, which includes the new dose pen rechargeable system by dosist, an exclusive closed-loop dose pen system created by combining the dose controller and formula pods (both sold separately) for a rechargeable and flexible experience, and the dose pen 100, a sleek and convenient disposable device. Both inhalable devices deliver a precise 2.5 mg dose of formula each time, alerting the patient of a complete dose with a haptic vibration before shutting off.
The five dosist core formulas now available at shoppersdrugmart.ca/cannabis are:
● calm (1:6 thc-to-cbd ratio) – designed to help relax your mind and body
● soothe (2:1 thc-to-cbd ratio) – designed to help ease the mind and body
● rest (8:1 thc-to-cbd radio) – designed to help you feel rested
● bliss (9:1 thc-to-cbd ratio) – designed to help you feel just the right amount of good
● arouse (10:1 thc-to-cbd ratio) – designed to help awaken your senses and stimulate your mind
The three THC-plus formulas now available are:
● bliss thc-plus – an invigorating blend of high-potency cannabis designed to deliver feelings of euphoria and energy
● arouse thc-plus – a balanced blend of high-potency cannabis designed to deliver feelings of stimulation and clarity
● relax thc-plus – a tranquil blend of high-potency cannabis designed to deliver feelings of ease and relaxation
dosist products are available to patients now through the Medical Cannabis by Shoppers ecommerce site. Medical Cannabis by Shoppers Inc. provides patient access to select medical cannabis products which can be ordered online or via phone, and shipped directly and discreetly to their doorstep. The Shoppers Cannabis Care team – a dedicated call center staffed by cannabis-trained advisors and pharmacists – provides guidance and support for patients.
Namaste Technologies Inc. (TSXV: N) (OTC: NXTTF), a leading online platform for cannabis products, accessories, and responsible education, today announced an agreement with Lifted Innovations Inc., a private B2C e-commerce company selling cannabis-related accessories and ancillary products in the United States and Canada. In connection with the Agreement and Namaste's strategic partner status, Lifted issued 3,065,000 common shares to Namaste, constituting, at the time of issuance, an undiluted 5% shareholding.
The Transaction, including the Offer, has now been completed and Namaste has received 3,065,000 common shares of PeakBirch in exchange for the Lifted Shares, constituting approximately an undiluted 3.3% shareholding of PeakBirch. The PeakBirch shares are subject to certain resale restrictions, including a 4 month hold period and a monthly limit on sales subject to certain exceptions.
The Agreement provides that Namaste and Lifted shall, for 24 months, collaborate wherever practicable in respect of matters of potential mutual benefit, including in respect of, the development of business in the United States, efficiencies relating to common ancillary businesses; and potential opportunities relating to the licensing of technology. The Agreement also provides a release in favour of Lifted and certain releasees from claims relating to the current or former assets or business of Lifted.
XTM, Inc. (CSE: PAID), a Toronto-based Fintech company in the challenger banking space, providing mobile banking and payment solutions around the world today announced it has signed a Letter of Intent ("LOI") with one of the largest online cannabis retailers in the U.S. to launch a proprietary cashless payment network.
This will be the first of its kind, bank grade, fully compliant, community currency, closed loop solution for any company or business looking to eliminate cash and process real-time payments including but not limited to licensed Cannabis companies. A new web site www.CaliCard.com is being established and physical cards will soon be in production.
As part of the terms of the LOI XTM will private label its existing mobile wallet and payment network technology, finalize development for merchant settlements, arrange the banking partnerships, manage the network and license the technology to a new entity of which XTM will own 50%. The other party will adopt and roll-out the technology across all its e-commerce platforms and will leverage its contacts for sales and marketing of the solution.
Cash used in U.S. legal marijuana sales was estimated to be in excess of $8 billion in 2019.
The added security risks and costs of transacting in cash are significant. Existing solutions are overcomplicated, not fully compliant, expensive and subject to fraud and chargebacks. Merchants say service offerings currently available to the industry are lacking in compatibility and do not provide consumers with the user experience they have come to expect in today's digital world. They are subject to high transaction fees and are waiting for days to collect the proceeds from their sales.
With this new closed-loop payment network, users will quickly and easily sign up via mobile app for free. As part of the sign-up process they will link their debit card as the method of funding the virtual card and wallet in real-time. Merchants will receive same day settlements in a partner bank dedicated account issued to each merchant. As well XTM is incorporating its industry leading Know Your Customer ("KYC") technology into the application to enable users to be screened for age and identity validation, dramatically reducing chargebacks and fraud. As part of the rollout of the program each user will be delivered a physical card allowing for purchases to be made at bricks and mortar locations and will also allow access to a cash load network.
The Company has already received interest from other parties looking for the solution and expects to board a significant number of merchants before the end of the year. With the current annual run rate sales of the other party and expected percentage of sales to be migrated to the platform coupled with a few additional merchants, the Company anticipates to be processing in excess of $50M in run-rate annual volume and 500K transactions per month by the end of the year.
XTM is looking forward to providing a positive customer checkout experience using CaliCard.com that is real-time, fully compliant and cashless and expects this will in turn significantly increase efficiencies, sales volumes and net margins for merchants.
Further details regarding the product and launch date will be announced shortly and updates will be posted on the dedicated web site www.CaliCard.com.
Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) and its subsidiary Cocoon Technology announced the installation of CocoonPod self-service kiosks at THRIVE Cannabis Marketplace at 2755 W Cheyenne Ave, 103, North Las Vegas, NV, the first of eight locations operated by THRIVE. The launch is a positive step towards the Company's continued commitment to U.S. focused cannabis operations. Installations at the remaining seven locations are anticipated in the coming months.
"We are very pleased to have completed our first installation with THRIVE, especially with the challenges and delays Covid-19 has presented," said Max Aceituno, Chief Marketing Officer of AUSA. "Covid-19 has increased awareness and the need for social distancing and safety measures. As dispensaries begin the initial phases of reopening, CocoonPod helps mitigate the associated safety concerns while expediting the shopping experience."
Cocoon Technology's CocoonPod, CocoonCove, and CocoonRewards delivers interactive unattended kiosks for consumers and retailers with rich feature functionality encompassing mobile, order ahead, online delivery, loyalty, rewards, data analytics, e-wallet, ATM functionality, and cash recycling technology. Built on a cloud-based platform, Cocoon integrates with dispensary Enterprise Resource Planning (ERP) systems allowing for seamless operational efficiencies and revenue generation.
Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.
Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
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