Opinion https://www.benzinga.com/views/taxonomy/term/146540 en BetterInvesting 100 Increased 2.9% in August; 10-Year Performance Was 13.3% Annually, vs. 11.9% for S&P Benchmark https://www.benzinga.com/pressreleases/18/10/r12552283/betterinvesting-100-increased-2-9-in-august-10-year-performance-was-13 <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">BetterInvesting 100 Increased 2.9% in August; 10-Year Performance Was 13.3% Annually, vs. 11.9% for S&amp;P Benchmark</h1> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">MADISON HEIGHTS, Mich., Oct. 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"></p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">MADISON HEIGHTS, Mich.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Oct. 23, 2018</span> /PRNewswire/ -- At the end of September, the BetterInvesting 100 Index (BIXX), reflecting the portfolios of Main Street investors, increased 14.3 percent annually for the previous 10 years, versus annual growth of 13.1 percent for the S&amp;P 500 Equal-Weight Index (based on a total return for both indexes in which dividends are reinvested). The BetterInvesting index&#39;s five-year gain was 13.5 percent a year, compared with 12.5 percent for the S&amp;P 500 EWI.</p> <p xmlns="http://www.w3.org/1999/xhtml">The index increased 0.8 percent from the end of August. BIXX&#39;s total return index ended September at 490.1, compared with 486.44 at the end of August. Without dividends reinvested, the index was 366.07 at the end of September, an annual increase of 11.3 percent for the past 10 years and of 11.4 percent for the past five years. </p> <p xmlns="http://www.w3.org/1999/xhtml">The BetterInvesting 100 Index comprises the most popular holdings of investment clubs, employing annual data from the <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="http://www.myiclub.com/" rel="nofollow" rel="nofollow">myICLUB.com</a> online club accounting program. <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="http://www.solactive.com/" rel="nofollow" rel="nofollow">Solactive</a> calculates the index, which began on <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">April 9, 2007</span>, at a base value ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12552283/betterinvesting-100-increased-2-9-in-august-10-year-performance-was-13 alt=BetterInvesting 100 Increased 2.9% in August; 10-Year Performance Was 13.3% Annually, vs. 11.9% for S&amp;P Benchmark>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech Mutual Funds Publishing/Information Services Opinion Press Releases Fintech Opinion Press Releases Benzinga Tue, 23 Oct 2018 20:06:00 +0000 PRNewswire 12552283 at https://www.benzinga.com Option-trading opportunities on Alibaba, Canopy Growth Corp, Intel, Snap Inc., and Twitter https://www.benzinga.com/pressreleases/18/10/r12549033/option-trading-opportunities-on-alibaba-canopy-growth-corp-intel-snap- <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Option-trading opportunities on Alibaba, Canopy Growth Corp, Intel, Snap Inc., and Twitter</h1> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">CHICAGO, Oct. 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">CHICAGO</span></span>, <span xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Oct. 23, 2018</span></span> <span xmlns="http://www.w3.org/1999/xhtml">/PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, CGC, INTC, SNAP, and TWTR.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml">Click a link below to see an in-depth options trade ...</span></p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12549033/option-trading-opportunities-on-alibaba-canopy-growth-corp-intel-snap- alt=Option-trading opportunities on Alibaba, Canopy Growth Corp, Intel, Snap Inc., and Twitter>Full story available on Benzinga.com</a></p> BABA Banking/Financial Services CGC INTC SNAP TWTR Opinion Press Releases INTC US4581401001 CGC BABA TWTR US90184L1026 SNAP Opinion Press Releases Benzinga Tue, 23 Oct 2018 13:31:00 +0000 PRNewswire 12549033 at https://www.benzinga.com Thinking about buying stock in Caterpillar Inc., Jetpay Corp, Micron, TOP SHIPS Inc. or Tesla Inc.? https://www.benzinga.com/pressreleases/18/10/r12549035/thinking-about-buying-stock-in-caterpillar-inc-jetpay-corp-micron-top- <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Thinking about buying stock in Caterpillar Inc., Jetpay Corp, Micron, TOP SHIPS Inc. or Tesla Inc.?</h1> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">NEW YORK, Oct. 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Oct. 23, 2018</span> /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CAT, JTPY, MU, TOPS, and TSLA.</p> <p xmlns="http://www.w3.org/1999/xhtml">To see how InvestorsObserver&#39;s proprietary scoring system rates ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12549035/thinking-about-buying-stock-in-caterpillar-inc-jetpay-corp-micron-top- alt=Thinking about buying stock in Caterpillar Inc., Jetpay Corp, Micron, TOP SHIPS Inc. or Tesla Inc.?>Full story available on Benzinga.com</a></p> Banking/Financial Services CAT JTPY MU TOPS TSLA Opinion Press Releases TOPS MHY8897Y1234 CAT US1491231015 MU US5951121038 TSLA US88160R1014 JTPY Opinion Press Releases Benzinga Tue, 23 Oct 2018 13:31:00 +0000 PRNewswire 12549035 at https://www.benzinga.com Rising Number of Clinical Trials and Approvals are Growing the Medical Marijuana Market https://www.benzinga.com/pressreleases/18/10/r12548556/rising-number-of-clinical-trials-and-approvals-are-growing-the-medical <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Rising Number of Clinical Trials and Approvals are Growing the Medical Marijuana Market</h1> <h2 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">FinancialBuzz.com News Commentary</h2> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">NEW YORK, October 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 23, 2018</span> /PRNewswire/ --</p> <p xmlns="http://www.w3.org/1999/xhtml">Marijuana legalization continues to spread globally, largely due to the potential for medical uses. Here are some companies to keep an eye on in this expanding market.  According to a report published by Coherent Market Insights, the global medical cannabis market was valued at <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 3.5 Billion</span> in 2017 and is projected to grow at a compound annual growth rate (CAGR) of 24.4% to surpass <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 20.17 Billion</span> by 2025. The report indicated that the increasing clinical trials and approvals of medical cannabis products will drive the growth of the market. Medical cannabis is used to develop drugs that will enhance the treatment for diseases such as epilepsy and various types of cancers. Additionally, the growing acceptance of the mobile application, e-commerce and digital media is projected to fuel the growth of the medical cannabis market during forecast years. CLS Holdings <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">USA</span> Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CLSH#OTC" rel="nofollow">CLSH</a>), Aurora Cannabis Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ACBFF#OTC" rel="nofollow">ACBFF</a>), Green Thumb Industries Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GTBIF#OTC" rel="nofollow">GTBIF</a>), Cannabis Sativa, Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CBDS#OTC" rel="nofollow">CBDS</a>), Lexaria Bioscience Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LXRP#OTC" rel="nofollow">LXRP</a>)</p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Canada&#39;s</span> new laws, officially making cannabis products legal from earlier this June, are expected to create a pioneering business environment. A report by CBC, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-org">University of Waterloo</span> entrepreneurship professor, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Nada Basir</span>, explained, &#34;Where I think we&#39;re going to see a lot of startup activity around this new legislation is in activities outside the traditional growth and transaction of the product… typically, historically, this is where we see innovation really happen because it becomes the survival of the fittest, and to survive you&#39;re going to have to figure out how to scale, how you can be more efficient, how you can save costs.&#34;</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">CLS Holdings <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">USA</span> Inc.</b> (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/CLSH#OTCQB" rel="nofollow">CLSH</a>) earlier this month announced that, &#34;it has entered into an agreement with a Canadian agent (the &#34;Agent&#34;), whereby the Agent will assist the Company in selling on a commercially reasonable efforts private placement basis, up to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$40 million</span> aggregate principal amount of senior unsecured debentures (&#34;Debentures&#34;) with an issue price of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$1,000</span> per Debenture, convertible into units of the Company (the &#34;Units&#34;) at the option of the holder at a conversion price of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$0.80</span> per Unit (the &#34;Conversion Price&#34;) at any time prior to the close of business on the earlier of: (i) the last business day immediately preceding the maturity date of the Debentures, being the date that is three (3) years from the closing date of the Offering (the &#34;Closing Date&#34;), and (ii) the date fixed for redemption (as set out in the Debentures (the &#34;Offering&#34;). Each Unit shall be comprised of one common share of the Company (a &#34;Common Share&#34;) and one-half of one common share purchase warrant (each whole warrant, a &#34;Warrant&#34;). Each Warrant shall be exercisable into one Common Share at a price of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$1.10</span> per Warrant (the &#34;Exercise Price&#34;) for a period of 36 months from the Closing Date… The Company intends to use the net proceeds of the Offering to fund the upfront loan payment to In Good Health Inc., to fund construction activities at the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Leicester</span> facility, to complete improvements to the North Las Vegas cultivation facility and for general working capital purposes.&#34;</p> <p xmlns="http://www.w3.org/1999/xhtml">On <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 17th, 2018</span> CLS Holdings <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">USA</span> Inc. also announced that, &#34;it has executed two Letters of Intent (LOIs) to enter the rapidly growing <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Massachusetts</span> market. CLS looks forward to the opportunity to enter the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Massachusetts</span> market, which has been operating as a legalized medical jurisdiction since 2015 and has approved legalized recreational use.</p> <p xmlns="http://www.w3.org/1999/xhtml">CLS has agreed in principle to loan <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$5 million</span> to In Good Health, a licensed medical dispensary in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Brockton, Massachusetts</span> with a significant market share. Along with the loan, CLS will have an option to acquire InGood Health. InGood Health is located 25 miles south of downtown <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Boston</span> and is one of the 38 licensed dispensaries in the state. The <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Brockton</span> dispensary was the second licensed dispensary in the state and has been operational since <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 2015</span>, which has been medical only up until this time. In Good Health is currently servicing 17,000 registered patients and delivering to 1,700 homes with key product offerings of flower, concentrates, vapes, edibles, pre-rolls and tinctures.</p> <p xmlns="http://www.w3.org/1999/xhtml">CLS has also agreed in principle to form an 80/20 joint venture with CannAssist, which CLS will own 80%. CannAssist plans to build out a recreationally licensed cultivation grow facility in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Leicester, Massachusetts</span>. The planned <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Leicester</span> 86,000 square foot facility is in possession of its host community agreement, is awaiting state acknowledgement of its pending recreational licenses and upon completion will be the third largest cultivation grow in the state. The <span ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12548556/rising-number-of-clinical-trials-and-approvals-are-growing-the-medical alt=Rising Number of Clinical Trials and Approvals are Growing the Medical Marijuana Market>Full story available on Benzinga.com</a></p> ACBFF CBDS CLSH GTBIF LXRP Small Cap Opinion Press Releases LXRP CBDS ACBFF CLSH GTBIF Small Cap Opinion Press Releases Benzinga Tue, 23 Oct 2018 13:00:00 +0000 PRNewswire 12548556 at https://www.benzinga.com Data Projects the Global Cryptocurrency Mining Market to Continue its Growth https://www.benzinga.com/pressreleases/18/10/r12548584/data-projects-the-global-cryptocurrency-mining-market-to-continue-its- <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Data Projects the Global Cryptocurrency Mining Market to Continue its Growth</h1> <h2 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">FinancialBuzz.com News Commentary</h2> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">NEW YORK, October 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 23, 2018</span> /PRNewswire/ --</p> <p xmlns="http://www.w3.org/1999/xhtml">According to a report published by Technavio, the global cryptocurrency mining hardware market is expected to grow at a compound annual growth rate (CAGR) of 10% between 2018 and 2022. Growing demand for mining hardware had encouraged large semiconductor companies to invest into cryptocurrency mining-specific hardware. The growing adoption of cryptocurrency by retailers and merchandisers is one of the factors that drives the growth of cryptocurrency mining hardware market. Based on products, the market is segmented into ASIC and GPU, the ASIC segment dominated the market in 2017, accounting for more than 74% of the market shares. This segment is expected to hold the largest market shares during the forecast years. Squire Mining Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SQRMF#OTC" rel="nofollow">SQRMF</a>), International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE" rel="nofollow">IBM</a>), Intercontinental Exchange, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICE#NYSE" rel="nofollow">ICE</a>), Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ" rel="nofollow">NDAQ</a>), DISH Network Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DISH#NASDAQ" rel="nofollow">DISH</a>)  </p> <p xmlns="http://www.w3.org/1999/xhtml">A senior analyst at Technavio for IT hardware said: &#34;In cloud mining, customers invest in a cloud-hosted cryptocurrency mining venture that transfers a certain share of the earned cryptocurrency to its customers. The cloud-hosted cryptocurrency mining venture uses the investment to improve its process of mining by buying CPU power from a data center, which uses its equipment to mine cryptocurrency. The profitability of cryptocurrency mining ventures will lead to the adoption of cloud mining. This will boost the growth of the cryptocurrency mining hardware market.&#34;</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Squire Mining Ltd.</b> (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/SQRMF#OTCQB" rel="nofollow">SQRMF</a>) is also listed on the Canadian Securities Exchange under the ticker (CSE:<a class="ticker" href="https://www.benzinga.com/stock/SQR#CSE" rel="nofollow">SQR</a>). Recently, the Company announced that, &#34;Ennoconn Corporation (&#34;Ennoconn&#34;) as our hardware manufacturer for next generation mining systems to mine Bitcoin Cash, Bitcoin and other associated cryptocurrencies. Ennoconn is a leading industrial motherboard designer and total hardware system solution provider headquartered in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Taipei, Taiwan</span> and listed on the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Taiwan</span> stock exchange (TPE:6414). In 2007, Foxconn Technology Group, the largest &#34;Electronic Manufacturing Service&#34; company in the world, became the majority shareholder of Ennoconn, forming a strong strategic alliance in embedded system and electronic manufacturing.</p> <p xmlns="http://www.w3.org/1999/xhtml">On <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">August 21, 2018</span>, Squire announced that AraSystems Technology Corp. (&#34;AraSystems&#34;), a subsidiary of Squire, had entered into a provisional non-binding agreement with a major global technology assembly company. This company, now revealed to be Ennoconn, will assist in the design and assembly of our next generation mining rig at such time as a working prototype of our debut ASIC chip is completed.</p> <p xmlns="http://www.w3.org/1999/xhtml">On <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 3, 2018</span> Squire announced the successful completion and testing of its FPGA working prototype microchip, with early results of the terahash-to-energy consumption ratio, indicating that the final ASIC chip and mining system has the potential to reduce operational costs by up to 40% for enterprise mining facilities.</p> <p xmlns="http://www.w3.org/1999/xhtml">This cost reduction was estimated by one leading enterprise mining group to be worth up to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$60M</span> per year in savings to their operations alone.</p> <p xmlns="http://www.w3.org/1999/xhtml">The final ASIC chip and mining system together are expected to provide up to a four times improvement in the performance of mining the blockchain, a process that enables miners to be paid, thereby increasing the return on investment, and profit, for miners. Such calculations are based on comparisons with the majority of current generation mining machines operating inside enterprise facilities around the world.</p> <p xmlns="http://www.w3.org/1999/xhtml">Following this success, the Company has signed a binding Memorandum of Understanding with Ennoconn and funded work to commence Phase 1 design and development of AraSystem&#39;s next generation mining system in collaboration with its partners in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Taipei, Taiwan</span> and in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Seoul, South Korea</span>. Definitive documentation will be entered into following delivery of final specifications and data sheets to Ennoconn later this month.</p> <p xmlns="http://www.w3.org/1999/xhtml">Squire&#39;s engineers are currently working with Ennoconn to design and develop AraSystem&#39;s mining rig which will house the debut ASIC chip currently under development by the Company&#39;s subsidiary AraCore Technology Corp (&#34;AraCore&#34;), in conjunction with GaonChips and Samsung Electronics (see news releases dated <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 25</span> and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 3, 2018</span>). In turn, Ennoconn will be responsible for mass assembly of the mining rig once all design, development and testing work has been completed.</p> <p xmlns="http://www.w3.org/1999/xhtml">A prototype of the mining rig along with full specifications of the AraCore ASIC chip are expected to be presented at the CoinGeek Conference in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">London</span> on <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">November 28 - 30, 2018</span>, with presales expected to commence on or around that date. Significant interest has already been expressed by several of the industry&#39;s largest enterprise mining ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12548584/data-projects-the-global-cryptocurrency-mining-market-to-continue-its- alt=Data Projects the Global Cryptocurrency Mining Market to Continue its Growth>Full story available on Benzinga.com</a></p> Banking/Financial Services Cryptocurrency DISH Fintech IBM ICE NDAQ SQR SQRMF Small Cap Opinion Markets Press Releases DISH US25470M1099 NDAQ US6311031081 IBM US4592001014 ICE US45865V1008 SQR SQRMF Cryptocurrency Fintech Small Cap Opinion Markets Press Releases Benzinga Tue, 23 Oct 2018 13:00:00 +0000 PRNewswire 12548584 at https://www.benzinga.com Worldwide Spending on Cannabis is Set to Grow as the Global Market Develops https://www.benzinga.com/pressreleases/18/10/r12548674/worldwide-spending-on-cannabis-is-set-to-grow-as-the-global-market-dev <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Worldwide Spending on Cannabis is Set to Grow as the Global Market Develops</h1> <h2 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">FinancialBuzz.com News Commentary</h2> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">NEW YORK, October 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 23, 2018</span> /PRNewswire/ --</p> <p xmlns="http://www.w3.org/1999/xhtml">According to a report released by Arcview Market Research, in partnership with BDS Analytics, worldwide spending on legal cannabis is expected to reach <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 57 Billion</span> by 2027, which includes <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 38.3 Billion</span> of adult-use cannabis and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 19.1 Billion</span> of medical cannabis spending. Cannabis spending in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">North America</span> will make up the majority of worldwide spending volume, growing from <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 9.2 Billion</span> in 2017 to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 47.3 Billion</span>, while spending in the Rest of the World is anticipated to grow at a faster rate of 47% CAGR. Legal cannabis in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">South America</span> will grow to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 776 Million</span> in 2027, led by <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Brazil</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Argentina</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Uruguay</span> and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Peru</span>. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Uruguay</span> is the first country to legalize recreational cannabis. Biome Grow Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ORTFD#OTC" rel="nofollow">ORTFD</a>), Organigram Holdings Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/OGRMF#OTC" rel="nofollow">OGRMF</a>), Neptune Wellness Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEPT#NASDAQ" rel="nofollow">NEPT</a>), Emerald Health Therapeutics, Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/EMHTF#OTC" rel="nofollow">EMHTF</a>), Aleafia Health Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ALEAF#OTC" rel="nofollow">ALEAF</a>)</p> <p xmlns="http://www.w3.org/1999/xhtml">Recreational cannabis is now legal in 9 U.S. states and D.C. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Colorado</span>, which has legalized cannabis for recreational use since 2014, hit another milestone on cannabis sales. According to a report from Colorado Department of Revenue, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Colorado</span> cannabis sales surpassed <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 1 Billion</span> during the first eight months in 2018, the earliest point since 2012. The state had record cannabis sales of more than <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 1.5 Billion</span> in 2017, up from <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 684 Million</span> in first year of legalization. During the first nine months in 2018, sales from cannabis generated more than <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 200 Million</span> tax revenue.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Biome Grow Inc.</b> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ORTFD#OTC" rel="nofollow">ORTFD</a>) listed on the Canadian Securities Exchange under the ticker (CSE:<a class="ticker" href="https://www.benzinga.com/stock/BIO#CSE" rel="nofollow">BIO</a>). Earlier last week, the Company announced that it, &#34;has introduced its fifth subsidiary company and brand, Red Sands Craft Cannabis Co. Red Sands is located in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Prince Edward Island</span> and will service both the local and tourist markets in that province with locally produced and regionally grown cannabis products.</p> <p xmlns="http://www.w3.org/1999/xhtml">The Red Sands Craft Cannabis Co. brand reflects PEI&#39;s iconic red sand beaches and the craft goods and services that are produced locally. Visually, it balances the vibrant, energetic colours with the calm nature that PEI is known for, setting the stage for the tailored cannabis products that Red Sands will offer.</p> <p xmlns="http://www.w3.org/1999/xhtml">Though the smallest Canadian province both in terms of land area and population, with approximately 153,000 residents living on the island, the province has a robust tourism industry. In 2017, the province set records with more than one million overnight stays, by an estimated 1.56 million visitors, who spent approximately <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$447-million</span> in the local economy. This unique combination of residents and tourism makes it an appealing and diverse market for Biome.</p> <p xmlns="http://www.w3.org/1999/xhtml">&#39;By producing and selling locally made bespoke products to both PEI residents and tourists, we hope to create an experience that will enhance the tourism industry in PEI,&#39; added Chief Executive Officer <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Khurram Malik</span>. &#39;It is our intention to create a unique cannabis-centred ecosystem, or biome, in PEI under our Red Sands brand that currently does not exist anywhere else in the Canadian cannabis market.&#39;</p> <p xmlns="http://www.w3.org/1999/xhtml">About Biome Grow Inc.</p> <p xmlns="http://www.w3.org/1999/xhtml">Biome has four wholly owned subsidiaries, including Highland Grow Inc., a licensed producer in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Nova Scotia</span> under <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Canada&#39;s</span> Access to Cannabis for Medical Purposes Regulations (ACMPR); The Back Home Medical Cannabis Corp., a company incorporated under the laws of the Province of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Newfoundland</span> and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Labrador</span> and in the late stages of applying for a licence under the ACMPR; P-209 Inc., a company incorporated under the laws of the Province of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Ontario</span> and in the late stages of applying for a licence under the ACMPR; and Weed Virtual Retail Inc., a company incorporated under the laws of the Province of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Ontario</span> in the business ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12548674/worldwide-spending-on-cannabis-is-set-to-grow-as-the-global-market-dev alt=Worldwide Spending on Cannabis is Set to Grow as the Global Market Develops>Full story available on Benzinga.com</a></p> ALEAF BIO EMHTF NEPT OGRMF ORTFD Small Cap Opinion Press Releases NEPT CA64077P1080 BIO US0905722072 OGRMF EMHTF ALEAF ORTFD Small Cap Opinion Press Releases Benzinga Tue, 23 Oct 2018 13:00:00 +0000 PRNewswire 12548674 at https://www.benzinga.com CBD Market Growth Projections Dramatically Higher Than Expected, Generating Strong Revenues https://www.benzinga.com/pressreleases/18/10/r12548307/cbd-market-growth-projections-dramatically-higher-than-expected-genera <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">CBD Market Growth Projections Dramatically Higher Than Expected, Generating Strong Revenues</h1> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">PALM BEACH, Florida, October 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">PALM BEACH, Florida</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 23, 2018</span> /PRNewswire/ --</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Financialnewsmedia</i></b><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">.com News Commentary</i></b> </p> <p xmlns="http://www.w3.org/1999/xhtml">The Cannabinoid (CBD) sector continues to illustrate strong revenue growth with projections favoring a continued trend of consistency as cannabis-extracts and CBD-based products become synonymous with mainstream markets. The CBD market has just about doubled in size over the past two years and is expected to surpass the billion-dollar mark within the next two years according to forecasts from multiple analysts. CBD continues to experience this unrelenting growth largely due to the fact that it does not have as many hurdles to jump over compared to traditional cannabis, especially as it relates to regulations and logistical issues. Other factors working in CBD&#39;s favor include the wide variety of CBD products hitting the market, increased consumer adoption and leaders in the industry steadily investing in research and development to tap into new markets. Active cannabis companies in the markets this week include PotNetwork Holdings, Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/POTN#OTC" rel="nofollow">POTN</a>), Medical Marijuana Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MJNA#OTC" rel="nofollow">MJNA</a>), Cronos Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRON#NASDAQ" rel="nofollow">CRON</a>) (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CRON#TSX" rel="nofollow">CRON</a>), Kona Gold Solutions (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KGKG#OTC" rel="nofollow">KGKG</a>), CROP INFRASTRUCTURE CORP. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/CROP#CSE" rel="nofollow">CROP</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CRXPF#OTC" rel="nofollow">CRXPF</a>).</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">PotNetwork Holdings, Inc.</b> (OTCPK:POTN) <b xmlns="http://www.w3.org/1999/xhtml">BREAKING NEWS</b>: PotNetwork Holdings Exceeding Last Year&#39;s 9-Month Performance by 90%, Company Prepares for Exciting Final Quarter of 2018 - POTN today announced <b xmlns="http://www.w3.org/1999/xhtml">sales of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$18.1 Million</span> for the first 9 months of the year, realizing an <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$8.6 Million</span> increase in year over year sales.</b> This follows the Company&#39;s recent announcement of its record third quarter revenues of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$6.1 Million</span>.</p> <p xmlns="http://www.w3.org/1999/xhtml">Driven by the growth of its wholly-owned subsidiary, Diamond CBD, Inc., PotNetwork Holdings, Inc. has taken root as an industry leader in the growing market for premium hemp extracts. PotNetwork Holdings is expanding its research and development, multinational marketing and international distribution of a broad range of hemp-derived cannabinoids and other natural hemp derivatives.</p> <p xmlns="http://www.w3.org/1999/xhtml">PotNetwork Holdings also reported that sales of Diamond CBD Products are coming 60% from its wholesale distribution network and 40% from online sales including from <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.diamondcbd.com" rel="nofollow" rel="nofollow">http://www.diamondcbd.com</a> .</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;I am extremely pleased with our year-over-year growth,&#34; said <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Kevin Hagen</span>, president of Diamond CBD. &#34;We provide customers with a high-quality product with lab reports attached to each product displayed online. It is part of our commitment to transparency in providing the highest quality CBD to our customers.&#34;</p> <p xmlns="http://www.w3.org/1999/xhtml">PotNetwork Holdings expects to file its quarterly report for the 9 months ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2018</span> on or before <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">November 14, 2018</span>. The quarterly report will contain a further breakdown of the Company&#39;s revenue and earnings.<b xmlns="http://www.w3.org/1999/xhtml">Read this and more news for </b> <b xmlns="http://www.w3.org/1999/xhtml">POTN</b><b xmlns="http://www.w3.org/1999/xhtml"> at</b> <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.financialnewsmedia.com/news-potn" rel="nofollow" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">http://www.financialnewsmedia.com/news-potn</b></a><b xmlns="http://www.w3.org/1999/xhtml"> </b><br xmlns="http://www.w3.org/1999/xhtml" /> </p> <p xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Other </i> <i xmlns="http://www.w3.org/1999/xhtml">recent developments ...</i></p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12548307/cbd-market-growth-projections-dramatically-higher-than-expected-genera alt=CBD Market Growth Projections Dramatically Higher Than Expected, Generating Strong Revenues>Full story available on Benzinga.com</a></p> CRON CROP CRXPF KGKG MJNA POTN TSX:CRON Small Cap Opinion Press Releases MJNA US58463A1051 CROP US45409B8349 POTN KGKG CRON TSX:CRON CRXPF Small Cap Opinion Press Releases Benzinga Tue, 23 Oct 2018 12:45:00 +0000 PRNewswire 12548307 at https://www.benzinga.com Direct Selling Returns as Functional Cannabis Foods Fare Well Amid Landmark Legalization https://www.benzinga.com/pressreleases/18/10/r12548070/direct-selling-returns-as-functional-cannabis-foods-fare-well-amid-lan <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Direct Selling Returns as Functional Cannabis Foods Fare Well Amid Landmark Legalization</h1> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">NEW YORK, October 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 23, 2018</span> /PRNewswire/ --</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">FN Media Group Presents Cannabisnewswire News Commentary</b> </p> <p xmlns="http://www.w3.org/1999/xhtml">All eyes are on <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Canada</span> and the burgeoning North American cannabis market right now, as the flood gates open and nationwide recreational legalization north of the U.S. border throws the recent <a xmlns="http://www.w3.org/1999/xhtml" href="http://cnw.fm/ObNz7" rel="nofollow" rel="nofollow"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$47.3 billion</span> by 2027 forecast</a> from Arcview Market Research into clear relief.</p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml">Historic end of cannabis prohibition creates unprecedented market forces</li> <li xmlns="http://www.w3.org/1999/xhtml">CBD could outpace broader market</li> <li xmlns="http://www.w3.org/1999/xhtml">Direct selling in the digital age more relevant than ever</li> <li xmlns="http://www.w3.org/1999/xhtml">Overlapping cultural vectors among core wellness and cannabis consumers</li> <li xmlns="http://www.w3.org/1999/xhtml">Biopharma potential immense, nutritional potential immediately accessible commercially</li> </ul> <p xmlns="http://www.w3.org/1999/xhtml">Already running hot at <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$9.2 billion</span> last year, the North American cannabis market appears to be just getting started. <b xmlns="http://www.w3.org/1999/xhtml">Youngevity International, Inc. </b>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YGYI#NASDAQ" rel="nofollow">YGYI</a>) <b xmlns="http://www.w3.org/1999/xhtml">(</b><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.cannabisnewswire.com/clients/youngevity-international-inc/?symbol=ygyi" rel="nofollow" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">YGYI Profile</b></a><b xmlns="http://www.w3.org/1999/xhtml">)</b> is a particularly interesting player in this space that deserves further examination considering the company&#39;s strong logistical footprint in direct selling, the success of a shrewd and comprehensive growth model in ground coffee retail, and an established presence as one of the most trusted names in nutritional supplements. <b xmlns="http://www.w3.org/1999/xhtml">INSYS Therapeutics, Inc.</b> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INSY#NASDAQ" rel="nofollow">INSY</a>) has a leading position in the development of pharmaceutical cannabinoids. Developers of MARINOL, the first synthetic tetrahydrocannabinol (THC) oral solution, <b xmlns="http://www.w3.org/1999/xhtml">AbbVie Inc.</b> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE" rel="nofollow">ABBV</a>) has been ranked in the top five on <i xmlns="http://www.w3.org/1999/xhtml">Science</i> magazine&#39;s annual list of Top Science Employers. <b xmlns="http://www.w3.org/1999/xhtml">Zynerba Pharmaceuticals, Inc.</b> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZYNE#NASDAQ" rel="nofollow">ZYNE</a>) is known for transdermal cannabinoid therapies and recently reported the initiation of a first-of-its-kind clinical study using a novel pharmaceutically produced CBD targeting epilepsy and Fragile X syndrome. <b xmlns="http://www.w3.org/1999/xhtml">Cara Therapeutics, Inc.</b> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARA#NASDAQ" rel="nofollow">CARA</a>) is at the forefront of preclinical work in selective cannabinoid receptor-modulating formulas that avoid interacting with receptors in the central nervous system.</p> <p xmlns="http://www.w3.org/1999/xhtml">To view an infographic of this editorial, <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.ccw.fm/CWFv5" rel="nofollow" rel="nofollow">click here</a>.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Functional Cannabis Consumables</b> </p> <p xmlns="http://www.w3.org/1999/xhtml">CBD from sources such as industrial hemp, which would be legal to cultivate in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">the United States</span> under the new Farm Bill currently being considered, could post growth that eclipses that of the broader cannabis space. A strong driver here is the mounting laundry list of <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.ccw.fm/6Jz7Q" rel="nofollow" rel="nofollow">proven health benefits</a> of CBD.</p> <p xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.cannabisnewswire.com/clients/youngevity-international-inc/?symbol=ygyi" rel="nofollow" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">Youngevity International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YGYI#NASDAQ" rel="nofollow">YGYI</a>)</b></a> recently announced the launch of two new organic hemp-derived cannabidiol products designed to be used with the company&#39;s proprietary portable water-filtering bottle system. HempFX™ Hydration™ - Sleep has added melatonin and promotes healthy sleep patterns naturally, while HempFX Hydration™ - Pure is designed to deliver 25 mg of full-spectrum CBD directly to the digestive system.</p> <p xmlns="http://www.w3.org/1999/xhtml">These beverages are now available online and join a growing portfolio of organic CBD-based products from YGYI, including HempFX Soothe™ for achy joints and muscles; HempFX Uplift™, which is designed to naturally elevate mood and promote overall health; and HempFX Relax™, which is packed with a wide variety of sleep-supporting botanicals.</p> <p xmlns="http://www.w3.org/1999/xhtml">The meteoric rise in YGYI&#39;s share price in recent weeks to a high of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$16.25</span>, nearly triple the preceding trend of several years, was pared somewhat due to broader market declines, leading to an <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$11.47</span> close the week ending <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Oct 19</span>. However, the market mini-correction in the latest FOMC meeting, where a steady and largely anticipated diet of gradual rate hikes was indicated, appears to have blown off most of its steam according to many analysts, including those at J.P. Morgan who see a <a xmlns="http://www.w3.org/1999/xhtml" href="http://cnw.fm/q2Hvz" rel="nofollow" rel="nofollow">reversal on the horizon</a> as earnings season begins. The current situation could present a nice buying opportunity, should the recent upward trend again find traction.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Huge Direct Selling Network, Increasingly Global Footprint </b>  </p> <p xmlns="http://www.w3.org/1999/xhtml">Q2 2018 saw a 6.6 percent increase in revenues for YGYI to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$44.3 million</span>, led by a 23.7 percent jump in coffee sales. With 83 percent of total revenues coming from direct selling (up 3.7 percent) and the remainder coming from coffee, news that the company is boldly entering the CBD market has set some analysts&#39; mouths watering. The company&#39;s coffee-roasting segment, run by wholly owned subsidiary CLR Roasters, has seen tremendous success with its high-energy, fat-burning JavaFit line of gourmet coffees as well as the increasingly popular Café La Rica and Josie&#39;s Java House brands.</p> <p xmlns="http://www.w3.org/1999/xhtml">The same kind of combined marketing, distribution, sourcing and branded product expertise YGYI has demonstrated in mastery of the ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12548070/direct-selling-returns-as-functional-cannabis-foods-fare-well-amid-lan alt=Direct Selling Returns as Functional Cannabis Foods Fare Well Amid Landmark Legalization>Full story available on Benzinga.com</a></p> ABBV CARA INSY YGYI ZYNE Small Cap Opinion Press Releases ABBV INSY CARA YGYI ZYNE Small Cap Opinion Press Releases Benzinga Tue, 23 Oct 2018 12:30:00 +0000 PRNewswire 12548070 at https://www.benzinga.com Cannabis Stocks Defy Gravity During Market Plunge https://www.benzinga.com/pressreleases/18/10/r12548075/cannabis-stocks-defy-gravity-during-market-plunge <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Cannabis Stocks Defy Gravity During Market Plunge</h1> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">NEW YORK, October 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 23, 2018</span> /PRNewswire/ --</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">CannabisNewsWire Editorial Coverage</i></b> </p> <p xmlns="http://www.w3.org/1999/xhtml">In the recent broad stock market sell-off, one sector resisted the market plunge.</p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml">Cannabis stocks shined during the market rout.</li> <li xmlns="http://www.w3.org/1999/xhtml">Global cannabis market is expected to exceed <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$146 billion</span> by 2025.</li> <li xmlns="http://www.w3.org/1999/xhtml">Cannabis market analysts predict CAGR of 34.6 percent during next seven years.</li> <li xmlns="http://www.w3.org/1999/xhtml">Cannabis markets spawn dynamic ancillary businesses.</li> </ul> <p xmlns="http://www.w3.org/1999/xhtml">Multiple <a xmlns="http://www.w3.org/1999/xhtml" href="http://cnw.fm/dY6JV" rel="nofollow" rel="nofollow">marijuana stocks shined</a> in the sea of red during mid-October&#39;s rout, racking up gravity-defying gains. The sizzling sector is sending signals of being uncorrelated with markets that are driven by the imperatives of institutional traders. Being untethered from the vagaries of institutional intentions is most likely advantageous for individuals intent on profiting from the impending cannabis tsunami. Marijuana sector growth has spawned a realm of new dynamic businesses in previously unimagined arenas. Leveraging the immense opportunity, <b xmlns="http://www.w3.org/1999/xhtml">NUGL, Inc.</b> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NUGL#OTC" rel="nofollow">NUGL</a>) <b xmlns="http://www.w3.org/1999/xhtml">(</b><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.cannabisnewswire.com/clients/nugl-inc/?symbol=nugl" rel="nofollow" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">NUGL Profile</b></a><u xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">)</b></u> has developed a first-of-its-kind, cutting-edge search app and comprehensive online directory exclusively for the marijuana industry. Heralded as a global first-mover cannabis connectivity business, NUGL just signed a deal that significantly expands its footprint and reach. The global growth in marijuana has also spurred investments in the sector by such well-known names as <b xmlns="http://www.w3.org/1999/xhtml">Constellation Brands Inc.</b> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE" rel="nofollow">STZ</a>) and <b xmlns="http://www.w3.org/1999/xhtml">The Scotts Miracle-Gro Company</b> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMG#NYSE" rel="nofollow">SMG</a>)<b xmlns="http://www.w3.org/1999/xhtml">,</b> and has launched marijuana-centric companies such as <b xmlns="http://www.w3.org/1999/xhtml">Terra Tech Corp.</b> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TRTC#OTC" rel="nofollow">TRTC</a>) and <b xmlns="http://www.w3.org/1999/xhtml">KushCo Holdings, Inc.</b> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KSHB#OTC" rel="nofollow">KSHB</a>).</p> <p xmlns="http://www.w3.org/1999/xhtml">To view an infographic of this editorial, <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.ccw.fm/CWFv5" rel="nofollow" rel="nofollow">click here</a>.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Cannabis Jackpot</b> </p> <p xmlns="http://www.w3.org/1999/xhtml">Cannabis is understandably generating intense global interest from business interests and investment communities.  It&#39;s impossible to ignore a market sector valued at an estimated <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$7 billion</span> two years ago that&#39;s now <a xmlns="http://www.w3.org/1999/xhtml" href="http://cnw.fm/c98ZK" rel="nofollow" rel="nofollow">projected to exceed <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$146 billion</span></a> worldwide by 2025 - a 20-fold increase. The stratospheric growth in the global marijuana market is anticipated to achieve a <a xmlns="http://www.w3.org/1999/xhtml" href="http://cnw.fm/AY3bQ" rel="nofollow" rel="nofollow">mind-boggling CAGR of 34.6 percent</a> between 2018 and 2025.</p> <p xmlns="http://www.w3.org/1999/xhtml">Marijuana markets started gaining global traction in tandem with increased consumer demand for medicinal marijuana utilized for chronic pain and myriad other disorders. Medical marijuana was, in fact, the largest segment of the cannabis sector in 2016, and its value is expected to surpass <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$100 billion</span> by 2025. The legalization of recreational marijuana use in multiple states and various countries has propelled demand into overdrive. The industry is now on track to <a xmlns="http://www.w3.org/1999/xhtml" href="http://cnw.fm/Aw4jH" rel="nofollow" rel="nofollow">bring in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$8 billion</span> by the end of this year</a>. The research and development of safer forms of ingesting marijuana such as tinctures, oils, vapes and other edibles are expected to bolster market growth.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Connecting All Things </b> <b xmlns="http://www.w3.org/1999/xhtml">Cannabis</b> </p> <p xmlns="http://www.w3.org/1999/xhtml">On the cutting edge of the development of organic data analytics in the cannabis industry, <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.cannabisnewswire.com/clients/nugl-inc/?symbol=nugl" rel="nofollow" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">NUGL, </b> <b xmlns="http://www.w3.org/1999/xhtml">Inc.</b> <b xmlns="http://www.w3.org/1999/xhtml">(OTC:</b><b xmlns="http://www.w3.org/1999/xhtml">NUGL</b></a><b xmlns="http://www.w3.org/1999/xhtml">)</b> is focused on clearing up consumer confusion about the wide number of product options and becoming an integral asset to the burgeoning sector. While other attempts to connect and codify the spider web of interactions in the legal cannabis community have fallen short of expectations, NUGL expects its first-to-market, best-in-class technology platform to snag the lion&#39;s share of this invaluable new market.  </p> <p xmlns="http://www.w3.org/1999/xhtml">Since cannabis ads are prohibited on most social media networks, including Facebook, NUGL seized the opportunity to create the largest, most robust cannabis business networking platform in the world. The company&#39;s internet-based search apps and online directory are the first ever to deliver global cannabis users networking power with unbiased search results, eliminating paid placement listings and skewed reviews. NUGL&#39;s networking platform employs both business-to-consumer and business-to-business applications, providing the tools the industry needs to connect both pieces of the industry together. This allows all cannabis services, events and brands the ability to network and bring their companies to market.</p> <p xmlns="http://www.w3.org/1999/xhtml">NUGL&#39;s platform is designed to serve cannabis-related businesses, products, services and users by building a community that meets the needs of each segment. NUGL puts the power of connection and self-promotion back into the hands of cannabis companies, giving them the tools to build a dedicated profile featuring their brands and services. The NUGL cannabis community is experiencing significant growth as dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores and brands are joining daily.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Profiles for Every Community Member </b>  </p> <p xmlns="http://www.w3.org/1999/xhtml">NUGL offers four types of profiles: brands, events, services, and retail. Each of these profiles can connect and interact with each other, allowing an unprecedented level of communication between each segment of the cannabis market. For instance, using the NUGL app, brands can explore and develop their distribution capabilities by connecting with retail locations. ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12548075/cannabis-stocks-defy-gravity-during-market-plunge alt=Cannabis Stocks Defy Gravity During Market Plunge>Full story available on Benzinga.com</a></p> KSHB NUGL SMG STZ TRTC Opinion Press Releases SMG US8101861065 STZ US21036P1084 TRTC KSHB NUGL Opinion Press Releases Benzinga Tue, 23 Oct 2018 12:30:00 +0000 PRNewswire 12548075 at https://www.benzinga.com Rising Global Economic Tide Lifts Yacht and Boat Firms High https://www.benzinga.com/pressreleases/18/10/r12548082/rising-global-economic-tide-lifts-yacht-and-boat-firms-high <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Rising Global Economic Tide Lifts Yacht and Boat Firms High</h1> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">NEW YORK, October 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 23, 2018</span> /PRNewswire/ --</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">NetworkNewsWire Editorial Coverage</i></b> </p> <p xmlns="http://www.w3.org/1999/xhtml">With the global economy booming, the wealthy are making the most of their earnings by buying boats.</p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml">Yacht sales are rising, with both new and pre-owned yachts in high demand.</li> <li xmlns="http://www.w3.org/1999/xhtml">This trend is creating a boom for associated services such as brokerages, consultancies, financing, aftermarket extended warranties, and trailer manufacturers.</li> <li xmlns="http://www.w3.org/1999/xhtml">Other boat-building businesses are also profiting, including yacht charters, boat rental clubs and other sea-based leisure activities that offer people a break from everyday life.</li> </ul> <p xmlns="http://www.w3.org/1999/xhtml">Savvy companies in the boating and yacht industry are recognizing these unparalleled opportunities and exploring ways to position themselves to make the most of them. <b xmlns="http://www.w3.org/1999/xhtml">Victory Marine Holdings Corp.</b> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VMHG#OTC" rel="nofollow">VMHG</a>) <b xmlns="http://www.w3.org/1999/xhtml">(</b><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.networknewswire.com/clients/victory-marine-holdings-corp/?symbol=vmhg" rel="nofollow" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">VMHG Profile</b></a><b xmlns="http://www.w3.org/1999/xhtml">)</b> has expanded its brokerage team and is looking into commissioning specially designed boats. America&#39;s largest retailer of yachts and recreational boats, <b xmlns="http://www.w3.org/1999/xhtml">MarineMax, Inc.</b> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HZO#NYSE" rel="nofollow">HZO</a>), is expanding through the acquisition of companies in the northeast. <b xmlns="http://www.w3.org/1999/xhtml">Malibu Boats, Inc.</b> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBUU#NASDAQ" rel="nofollow">MBUU</a>) is maintaining its edge as a manufacturer through state-of-the-art design and new technology, including its award-winning docking trailer camera, as well as its latest acquisition of Pursuit Boats based in Ft. Pierce, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Florida</span>, for a sum of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$100 million</span>. The sale of a wide range of pleasure boats has led to financial dividends for <b xmlns="http://www.w3.org/1999/xhtml">Marine Products Corp.</b> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPX#NYSE" rel="nofollow">MPX</a>). And <b xmlns="http://www.w3.org/1999/xhtml">Brunswick Corp.</b> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BC#NYSE" rel="nofollow">BC</a>) has incorporated boats into a wider set of recreational holdings, developing new boats and new technology for a growing market.</p> <p xmlns="http://www.w3.org/1999/xhtml">To view an infographic of this editorial, <a xmlns="http://www.w3.org/1999/xhtml" href="http://nnw.fm/EhzF7" rel="nofollow" rel="nofollow">click here</a>.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">The Popularity of Yachts</b> </p> <p xmlns="http://www.w3.org/1999/xhtml">Yachts are among the world&#39;s greatest status symbols. Luxury items affordable only by the wealthy, yachts represent both having the money needed to purchase them and also having the time and the skill to sail them - bringing  great prestige to the owner. Someone who can afford a yacht can clearly afford much more.</p> <p xmlns="http://www.w3.org/1999/xhtml">There are reportedly almost 4,500 individuals around the world who own high-end &#34;superyachts,&#34; <a xmlns="http://www.w3.org/1999/xhtml" href="http://nnw.fm/Ii6ED" rel="nofollow" rel="nofollow">worth an average of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$10 million</span></a> each. But there are plenty of yacht enthusiasts living on more modest budgets, and for those who can&#39;t own their own yachts, rentals or charters offer opportunities to spend a few weeks at sea.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">The State of the Yacht Industry</b> </p> <p xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="http://nnw.fm/nNX1r" rel="nofollow" rel="nofollow">The growing success of the yacht industry</a> is great news for companies such as <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.networknewswire.com/clients/victory-marine-holdings-corp/?symbol=vmhg" rel="nofollow" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">Victory Marine Holdings Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VMHG#OTC" rel="nofollow">VMHG</a>)</b></a>. A surge in the global economy has put more money in the hands of the world&#39;s rich. More people than ever can afford to buy and run a yacht, and many of those individuals are looking for a chance to enjoy their money. In America in particular, a yacht appears to be a symbol of a happy, healthy life among the nation&#39;s elite.</p> <p xmlns="http://www.w3.org/1999/xhtml">The economic upturn has led to increased sales of both new and pre-owned yachts, each of which offers a different set of advantages for buyers. New yachts are more expensive to buy and insure than used models but less likely to need repairs or refurbishment, while pre-owned yachts may  need work to become ocean ready and generally require more maintenance. This makes used yachts a natural entry point for first-time yacht owners or those looking for a more affordable options.</p> <p xmlns="http://www.w3.org/1999/xhtml">Pressure on demand is also buoying up the pre-owned market. Many boat manufacturers are currently working at capacity, <a xmlns="http://www.w3.org/1999/xhtml" href="http://nnw.fm/xp3IK" rel="nofollow" rel="nofollow">with lead times of 18 months or longer to produce a new boat</a>. Speed of delivery as well as price favor the pre-owned market, on which Victory Marine Holdings subsidiary Victory Yacht Sales is currently focused. With 25 years of experience selling yachts in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Miami</span>, the yachting capital of the world, the company has developed a wealth of knowledge and contacts to ensure a steady supply of high-quality yachts to a market that keeps expanding.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">I</b><b xmlns="http://www.w3.org/1999/xhtml">nvesting in </b> <b xmlns="http://www.w3.org/1999/xhtml">a </b> <b xmlns="http://www.w3.org/1999/xhtml">Y</b><b xmlns="http://www.w3.org/1999/xhtml">acht</b> </p> <p xmlns="http://www.w3.org/1999/xhtml">The main reason for investing in a yacht isn&#39;t financial, it&#39;s quality of life. For those who enjoy the seas, yachts are an ideal way to get away from the pressures of the world. Whether relaxing off the coast of a <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Caribbean</span> island or racing through choppy seas, yachts offer those on board a range of pleasures from active sporting to gentle cruising.</p> <p xmlns="http://www.w3.org/1999/xhtml">Making a profit from owning a yacht is difficult without the support and expertise of a professional yacht firm such as Victory ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12548082/rising-global-economic-tide-lifts-yacht-and-boat-firms-high alt=Rising Global Economic Tide Lifts Yacht and Boat Firms High>Full story available on Benzinga.com</a></p> BC HZO Maritime/Shipbuilding MBUU MPX VMHG Small Cap Opinion Press Releases BC US1170431092 HZO US5679081084 MPX US5684271084 MBUU VMHG Small Cap Opinion Press Releases Benzinga Tue, 23 Oct 2018 12:30:00 +0000 PRNewswire 12548082 at https://www.benzinga.com How This Super Metal Could Spark the Largest Trade War in U.S. History https://www.benzinga.com/pressreleases/18/10/r12547940/how-this-super-metal-could-spark-the-largest-trade-war-in-u-s-history <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">How This Super Metal Could Spark the Largest Trade War in U.S. History</h1> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">PALM BEACH, Florida, October 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">PALM BEACH, Florida</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 23, 2018</span> /PRNewswire/ --</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">FN Media Group Presents Microsmallcap.com Market Commentary</i></b> </p> <p xmlns="http://www.w3.org/1999/xhtml">Vanadium is the latest super metal that could serve as the cornerstone of a disruptive new trend: electrical energy storage. Resource companies such as <b xmlns="http://www.w3.org/1999/xhtml">United Battery Metals</b> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UBMCF#OTC" rel="nofollow">UBMCF</a>) (CSE:<a class="ticker" href="https://www.benzinga.com/stock/UBM#CSE" rel="nofollow">UBM</a>) have begun to target this trend, opting to develop a vanadium project in Wray <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Mesa, Colorado</span>. The company also has a footprint in uranium mining, a space that includes miners such as <b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Ivanhoe Mines</span></b> (TSX:<a class="ticker" href="https://www.benzinga.com/stock/IVN#TSX" rel="nofollow">IVN</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/IVPAF#OTC" rel="nofollow">IVPAF</a>) and <b xmlns="http://www.w3.org/1999/xhtml">Largo Resources</b> (TSX:<a class="ticker" href="https://www.benzinga.com/stock/LGO#TSX" rel="nofollow">LGO</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LGORF#OTC" rel="nofollow">LGORF</a>). Other players in the vanadium space include <b xmlns="http://www.w3.org/1999/xhtml">Clean TeQ</b> (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CLQ#TSX" rel="nofollow">CLQ</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CTEQF#OTC" rel="nofollow">CTEQF</a>) and mining giant <b xmlns="http://www.w3.org/1999/xhtml">Glencore PLC</b> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GLNCY#OTC" rel="nofollow">GLNCY</a>).</p> <p xmlns="http://www.w3.org/1999/xhtml">For miners such as <b xmlns="http://www.w3.org/1999/xhtml">United Battery Metals (OTCPK:UBMCF) </b> (CSE:<a class="ticker" href="https://www.benzinga.com/stock/UBM#CSE" rel="nofollow">UBM</a>), the vanadium opportunity could be one to watch out for. Vanadium has several practical applications, including <b xmlns="http://www.w3.org/1999/xhtml">uses in solar, wind, grid power storage, and the production of steel rebar</b>. Vanadium is crucial to the U.S. for its domestic steel production which has been jumpstarted since the Trump administration was elected. With U.S. Steel and other major steel companies opening new projects and canceling previous closures, the nation&#39;s producers could require a serious amount of vanadium to strengthen their steel products.</p> <p xmlns="http://www.w3.org/1999/xhtml">Vanadium is one of the 35 elements the U.S. government has deemed critical to the world&#39;s largest economy and national security, which could expedite UBM&#39;s Wray Mesa project located in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Colorado</span> to go into possible production. As the trade war with <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">China</span> intensifies, it could become crucial for America to secure a domestic supply of vanadium and focus on putting mines into production, a move the U.S. administration is expected to support. Vanadium&#39;s many use cases have helped drive the price of V2O5 vanadium pentoxide flake 98%, a common form of vanadium, <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.vanadiumprice.com/" rel="nofollow" rel="nofollow">up 400%</a> over the last three years.</p> <p xmlns="http://www.w3.org/1999/xhtml">With transportation battery demand expected to <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.ft.com/content/b0414a1c-8042-11e8-af48-190d103e32a4" rel="nofollow" rel="nofollow">jump 40-fold by 2040</a>, vanadium could be poised for significant inroads in the EV market. All those new EVs on the road could require charging stations to &#34;fuel up&#34;, and vanadium redox batteries offer a perfect solution as VRB&#39;s can simultaneously charge 50 cars at a time.</p> <p xmlns="http://www.w3.org/1999/xhtml">As battery demand increases the demand for vanadium could follow a similar trend, posing a potential supply crunch as more nations adopt alternative energy policies that move away from fossil fuels. That move could potentially bode well for vanadium miners such as <b xmlns="http://www.w3.org/1999/xhtml">United Battery Metals </b> (OTCPK:UBMCF) (CSE:<a class="ticker" href="https://www.benzinga.com/stock/UBM#CSE" rel="nofollow">UBM</a>) who is sitting on a large vanadium-rich land package.</p> <p xmlns="http://www.w3.org/1999/xhtml">VRBs can be also used in power stations to charge electric vehicles. Just as gas stations have become an integral part of U.S. automotive history, so too could VRB charging stations become an essential component to electric vehicle infrastructure.</p> <p xmlns="http://www.w3.org/1999/xhtml">Although vanadium is essential to everyday economic and national security functions in the U.S., the country is not a major producer of the mineral. In fact, <b xmlns="http://www.w3.org/1999/xhtml">United Battery Metals (OTC</b><b xmlns="http://www.w3.org/1999/xhtml">PK</b><b xmlns="http://www.w3.org/1999/xhtml">:UBMCF) (CSE:<a class="ticker" href="https://www.benzinga.com/stock/UBM#CSE" rel="nofollow">UBM</a>)</b> is on track to potentially become <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">North America&#39;s</span> lone active vanadium producer.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">The Vanadium Revolution Is Here </b>  </p> <p xmlns="http://www.w3.org/1999/xhtml">Vanadium appears that it could become an important part of the global energy storage revolution, which could compel other miners including <b xmlns="http://www.w3.org/1999/xhtml">Clean TeQ</b> (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CLQ#TSX" rel="nofollow">CLQ</a>) (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/CTEQF#OTCQX" rel="nofollow">CTEQF</a>) and <b xmlns="http://www.w3.org/1999/xhtml">Glencore PLC</b> (OTCPK:GLNCY) to carve out their own vanadium footprints. Market forces are already at work with vanadium, stoking rapid price appreciation of the element on the spot market. Energy storage is a booming industry, with one estimate indicating energy storage in the U.S. alone is poised to surge to <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.renewableenergyworld.com/articles/2014/07/lithium-or-vanadium-in-energy-storage-its-no-contest.html" rel="nofollow" rel="nofollow">720 megawatts by 2020</a>, up from 120 megawatts in 2014.</p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">California</span> has recently announced that by 2020 all homes and mid-rises will be required to install solar ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12547940/how-this-super-metal-could-spark-the-largest-trade-war-in-u-s-history alt=How This Super Metal Could Spark the Largest Trade War in U.S. History>Full story available on Benzinga.com</a></p> CTEQF GLNCY IVPAF LGORF TSX:CLQ TSX:IVN TSX:LGO UBM UBMCF Small Cap Opinion Press Releases UBM US9026417520 GLNCY LGORF IVPAF TSX:IVN CTEQF TSX:LGO TSX:CLQ UBMCF Small Cap Opinion Press Releases Benzinga Tue, 23 Oct 2018 12:15:00 +0000 PRNewswire 12547940 at https://www.benzinga.com Country Garden earns "buy" rating from several firms for its high-quality growth https://www.benzinga.com/pressreleases/18/10/r12546480/country-garden-earns-buy-rating-from-several-firms-for-its-high-qualit <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Country Garden earns &#34;buy&#34; rating from several firms for its high-quality growth</h1> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">HONG KONG, Oct. 23, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">HONG KONG</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Oct. 23, 2018</span> /PRNewswire/ -- Several investment firms recently released their research reports, upgrading Country Garden&#39;s (<span xmlns="http://www.w3.org/1999/xhtml" id="spanHghlt5f05">2007.HK)</span> investment rating to &#34;buy&#34; for its potential profit growth in the future. </p> <p xmlns="http://www.w3.org/1999/xhtml">Last week, China Merchants Securities upgraded the real estate developer&#39;s investment rating from &#34;neutral&#34; to &#34;buy&#34;, and has continued to maintain the rating. On the same day, Citigroup released its report, pointing out that Country Garden demonstrated a stronger recovery capability than expected, maintaining its &#34;buy&#34; rating with a target price of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">HK$18.33</span> (approx. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$2.34</span>), despite the recent decline. </p> <p xmlns="http://www.w3.org/1999/xhtml">Leading international bank J.P. Morgan delivered a similar message in its recent report, saying that they expect Country Garden to accelerate its sales growth and maintain a stable financial scenario during the fourth quarter. In the bank&#39;s report, the real estate developer is also foreseen as continuing to maintain a good cash position and a steady growth in profit. The bank rated Country Garden as &#34;overweight,&#34; and set the target price at <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">HK$22.5</span> (approx. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$2.87</span>). </p> <p xmlns="http://www.w3.org/1999/xhtml">The stock closed at <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">HK$8.32</span> (approx. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$1.06</span>) on <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 19</span>, up 2.88 percent. </p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Sales growth and sustainable profit growth foreseen </b></li> </ul> <p xmlns="http://www.w3.org/1999/xhtml">According to the announcement released by Country Garden, sales climbed to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">415.58 billion yuan</span> (approx. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$59.9 billion</span>) representing 44.06 million square meters for the first 9 months of this year, a year-over-year increase of 38.4 percent and 27.8 percent, respectively. As of the end of the first half of the year, the real estate developer had maintained its leading position in total land reserve value and area. </p> <p xmlns="http://www.w3.org/1999/xhtml">Several investment firms were positive in their comments. J.P. Morgan said in its report that Country Garden has unbilled sales of 710 billion (approx. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$102 billion</span>) for the first half, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">225 billion yuan</span> (approx. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$32.5 billion</span>) of which is on track to close in the second half, and most of the remaining to close next year. These to date unbilled items ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12546480/country-garden-earns-buy-rating-from-several-firms-for-its-high-qualit alt=Country Garden earns &quot;buy&quot; rating from several firms for its high-quality growth>Full story available on Benzinga.com</a></p> Banking/Financial Services CTRYY Opinion Press Releases Real Estate CTRYY Opinion Press Releases Real Estate Benzinga Tue, 23 Oct 2018 09:01:00 +0000 PRNewswire 12546480 at https://www.benzinga.com Option-trading opportunities on Apple, Bank of America, Facebook, Netflix, and PayPal Holdings Inc. https://www.benzinga.com/pressreleases/18/10/r12541415/option-trading-opportunities-on-apple-bank-of-america-facebook-netflix <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Option-trading opportunities on Apple, Bank of America, Facebook, Netflix, and PayPal Holdings Inc.</h1> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">NEW YORK, Oct. 22, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Oct. 22, 2018</span> /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAPL, BAC, FB, NFLX, and PYPL.</p> <p xmlns="http://www.w3.org/1999/xhtml">Click a link below ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12541415/option-trading-opportunities-on-apple-bank-of-america-facebook-netflix alt=Option-trading opportunities on Apple, Bank of America, Facebook, Netflix, and PayPal Holdings Inc.>Full story available on Benzinga.com</a></p> AAPL BAC Banking/Financial Services FB NFLX PYPL Opinion Press Releases AAPL US0378331005 NFLX US64110L1061 BAC US0605051046 FB PYPL Opinion Press Releases Benzinga Mon, 22 Oct 2018 13:31:00 +0000 PRNewswire 12541415 at https://www.benzinga.com Thinking about buying stock in Advanced Micro Devices, The9 Limited, Planet Green Holdings, Origin Agritech Ltd. or Titan Pharmaceuticals? https://www.benzinga.com/pressreleases/18/10/r12541416/thinking-about-buying-stock-in-advanced-micro-devices-the9-limited-pla <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Thinking about buying stock in Advanced Micro Devices, The9 Limited, Planet Green Holdings, Origin Agritech Ltd. or Titan Pharmaceuticals?</h1> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">NEW YORK, Oct. 22, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Oct. 22, 2018</span> /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, NCTY, PLAG, SEED, and TTNP.</p> <p xmlns="http://www.w3.org/1999/xhtml">To see how InvestorsObserver&#39;s proprietary scoring ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12541416/thinking-about-buying-stock-in-advanced-micro-devices-the9-limited-pla alt=Thinking about buying stock in Advanced Micro Devices, The9 Limited, Planet Green Holdings, Origin Agritech Ltd. or Titan Pharmaceuticals?>Full story available on Benzinga.com</a></p> AMD Banking/Financial Services NCTY PLAG SEED TTNP Opinion Press Releases NCTY US88337K1043 SEED VGG678281061 AMD US0079031078 TTNP US8883141017 PLAG Opinion Press Releases Benzinga Mon, 22 Oct 2018 13:31:00 +0000 PRNewswire 12541416 at https://www.benzinga.com Increasing Use of Cannabis for Pain-relief is Growing the U.S. Medical Market https://www.benzinga.com/pressreleases/18/10/r12541048/increasing-use-of-cannabis-for-pain-relief-is-growing-the-u-s-medical- <div xmlns="http://www.w3.org/1999/xhtml" class="xn-newslines"> <h1 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">Increasing Use of Cannabis for Pain-relief is Growing the U.S. Medical Market</h1> <h2 xmlns="http://www.w3.org/1999/xhtml" class="xn-hedline">FinancialBuzz.com News Commentary</h2> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-distributor">PR Newswire</p> <p xmlns="http://www.w3.org/1999/xhtml" class="xn-dateline">NEW YORK, October 22, 2018</p> </div> <div xmlns="http://www.w3.org/1999/xhtml" class="xn-content"> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 22, 2018</span> /PRNewswire/ --</p> <p xmlns="http://www.w3.org/1999/xhtml">Growing acceptance of cannabis for medical use in the U.S. continues the grow the legal cannabis market. According to a report published by Hexa Research, the U.S. medical cannabis market was valued at <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 5.44 Billion</span> in 2016 and is expected to reach <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">USD 19.48 Billion</span> by 2024. Medical cannabis is now used by some patients who suffer from cancer, chronic pain and diabetes. Chronic pain is the largest medical cannabis segment, accounting for 46% of the U.S. cannabis medical market share in 2016. The ageing population as well as medical cannabis&#39; ability to curb pain has result in the increasing use of cannabis. AmeriCann, Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ACAN#OTC" rel="nofollow">ACAN</a>), Canopy Growth Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NYSE" rel="nofollow">CGC</a>), New Age Beverages Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBEV#NASDAQ" rel="nofollow">NBEV</a>), Innovative Industrial Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIPR#NYSE" rel="nofollow">IIPR</a>), iAnthus Capital Holdings, Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ITHUF#OTC" rel="nofollow">ITHUF</a>)</p> <p xmlns="http://www.w3.org/1999/xhtml">Support for cannabis legalization continue to grow. According to a new survey from Pew Research Center, about 62% of Americans favor legalizing the use of cannabis. Younger generations are more likely to support the legalization, as majorities of Millennials (74%), Gen X&#39;ers (63%) and Baby Boomers (54%) say the use of marijuana should be legal. According to Leafly, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Steve Hawkins</span>, Executive Director for the Marijuana Policy Project, said: &#34;A growing majority of Americans are ready to end the failed policy of marijuana prohibition and move on… They see states regulating marijuana for medical and adult use, and they recognize it is a much more effective approach.&#34;</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">AmeriCann, Inc.</b> (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/ACAN#OTCQB" rel="nofollow">ACAN</a>) earlier last month announced breaking news that it, &#34;has released designs for Building 2 which includes 345,000 square feet of cannabis manufacturing and cultivation infrastructure at its 52-acre Massachusetts Medical Cannabis Center (MMCC) in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Freetown, MA.</span> The configuration of Building 2 includes over 100,000 square feet of dedicated cannabis extraction, processing and product manufacturing space and approx. 245,000 sq. ft. of cultivation infrastructure. The dedicated cultivation facilities are designed to utilize AmeriCann&#39;s proprietary greenhouse system called Cannopy. The design of Building 2 of the MMCC, which is 345,000 square feet, will include three distinct units:</p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml">Unit A: 184,720 square foot cannabis cultivation facility</li> <li xmlns="http://www.w3.org/1999/xhtml">Unit B: 40,178 square foot extraction and product manufacturing facility; and</li> <li xmlns="http://www.w3.org/1999/xhtml">Unit C: 118,580 square foot cannabis cultivation facility cannabis</li> </ul> <p xmlns="http://www.w3.org/1999/xhtml">AmeriCann will own and operate Unit B which is designed to provide extraction and product manufacturing support to the entire MMCC project, as well as to other licensed cannabis farmers throughout <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Massachusetts</span>. In addition to large-scale extraction of cannabis plant material, AmeriCann plans to produce branded consumer packaged goods including cannabis beverages, vaporizer products, edible products, non-edible products and concentrates at the state-of-the-art facility. The Company has already commenced construction on the first phase of the 1 million square foot multi-phase MMCC project with a 30,000 square foot cultivation facility.</p> <p xmlns="http://www.w3.org/1999/xhtml">AmeriCann plans to replicate the brands, technology and innovations developed at its MMCC project to new markets as a multi-state licensed operator.</p> <p xmlns="http://www.w3.org/1999/xhtml">Infused products are becoming an increasingly larger segment of total cannabis sales in regulated markets. According to the Wall Street Journal, &#39;Interest in cannabis as an ingredient in food and drinks in on an upswing; beer brewing giant Constellation Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE" rel="nofollow">STZ</a>) recently took a <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$4 billion</span> stake in Canadian marijuana grower Canopy Growth Corp., (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPG#NYSE" rel="nofollow">CPG</a>) which makes cannabis infused drinks and other products.</p> <p xmlns="http://www.w3.org/1999/xhtml">Industry experts believe that the pending <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Massachusetts</span> adult-use market, in conjunction with its existing medical program will exceed <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$1 billion</span> by 2020. As the first approved adult-use cannabis market on the Eastern US, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Massachusetts</span> has the potential to become the epicenter for cannabis innovation and research.</p> <p xmlns="http://www.w3.org/1999/xhtml">About Massachusetts Medical Cannabis Center - Massachusetts Medical Cannabis Center (MMCC), a one million square foot sustainable greenhouse facility in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Freetown, Mass.</span> The first phase of the facility is scheduled to open and be ready for cannabis cultivation, processing, and infused product production in the spring of 2019. Once fully developed, the MMCC design calls for a research facility, a training center, corporate offices, a quality-assurance laboratory, and a facility for manufacturing cannabis-infused food, nutraceuticals and consumer packaged cannabis ...</p></div><p><a href=https://www.benzinga.com/pressreleases/18/10/r12541048/increasing-use-of-cannabis-for-pain-relief-is-growing-the-u-s-medical- alt=Increasing Use of Cannabis for Pain-relief is Growing the U.S. Medical Market>Full story available on Benzinga.com</a></p> ACAN CGC CPG IIPR ITHUF NBEV STZ Small Cap Opinion Press Releases STZ US21036P1084 CGC CPG ITHUF ACAN IIPR NBEV Small Cap Opinion Press Releases Benzinga Mon, 22 Oct 2018 13:00:00 +0000 PRNewswire 12541048 at https://www.benzinga.com