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One Million Users and Counting: MassRoots Connecting Consumers and Cannabis Dispensaries

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The passage of the 2018 U.S. Farm Bill, officially called the Agricultural Improvement Act of 2018, is expected to bolster the already rapidly emerging hemp industry as it finally legalized industrial hemp and cannabidiol (CBD) that comes from hemp. The signing of the bill has been widely cheered by cannabis industry advocates that argue the broad reaching medicinal benefits of CBD, ranging from anti-aging properties to controlling seizures.

Hemp is defined as cannabis (Cannabis sativa L.) and derivatives of cannabis with extremely low (less than 0.3 percent on a dry weight basis) concentrations of the psychoactive compound delta-9-tetrahydrocannabinol (THC). In layman’s terms, it’s the type of cannabis that doesn’t have the “high” due to THC that is commonly associated with marijuana. For decades, hemp, regardless of its non-intoxicating nature, has been illegal as a Schedule I drug under the Controlled Substance Act and only allowed to be grown under specific conditions for research purposes as allowed by state law. The Farm Bill changed that.

Little credence has been given to the therapeutic effects of CBD by many pundits due to the lack of clinical research that has been limited because of federal prohibition. However, with medical marijuana now legal in 33 U.S. states – and recreational marijuana legal in 10 states and the District of Columbia – there is no shortfall of advocates touting its benefits.

Further, the U.S. Food and Drug Administration this year gave marketing approval to GW Pharmaceuticals’ Epidiolex, a CBD therapy for treating rare types of epilepsy, making it the first cannabis-based drug ever given the green light, which throws a dart into the notion that CBD has no medical use.

MassRoots (OTCQB: MSRT) is a leading technology platform for the regulated cannabis industry centered on information and connectivity that allows businesses to reach consumers and consumers to make educated purchases based on consumer reviews of thousands of cannabis products. The platform has a wide influence with more than one million registered users.

With the trend towards CBD gaining momentum, MassRoots is preparing to launch a new review and e-commerce platform focused on CBD products. The existing platform has already generated “tens of thousands” of reviews on CBD products, information the company believes will be able to expand its audience by being presented separately from products containing THC. Given its large user base and shift in hemp laws effective January 1, 2019, the opportunity for an online platform offering CBD products is not going overlooked by MassRoots.

On the business side, the company offers its MassRoots for Business portal. The fully-integrated platform was recently loaded with new features and analytics for its dispensary customers expected to drive additional traffic and provide greater insight into consumer behavior. Business clients pay a monthly fee for listing on the MassRoots platform, as well as fees for the company’s new WeedPass Rewards program that enables consumers to earn

rewards (for example, tickets to movies and sporting events) by shopping at dispensaries participating in WeedPass.

Upon the acquisition of the WeedPass.com domain this month, MassRoots initiated an online marketing campaign, comprised of leading cannabis social media influencers on Instagram, SnapChat, Twitter and MassRoots.

Launched only a few months ago, more than 100 dispensaries are already participating in the WeedPass program in the Los Angeles and Denver markets, driving over $120,000 in sales to those dispensaries. There is still plenty of headroom for expansion as measured by New Frontier Financial’s estimate that there are more than 2,500 regulated dispensaries in the U.S.

To that end, MassRoots says it intends to widen the availability of WeedPass outside of California and Colorado into every state with a regulated cannabis market. With Michigan legalizing recreational marijuana and Utah and Missouri making medical marijuana legal by ballot measure last month, the company’s addressable market just got a little bigger.

Online Media Group, Inc. is not registered with any financial or securities regulatory authority and holds no investment licenses and does not provide, nor claims to provide, investment advice. We are a publisher of original and third party news and information. This article is sponsored content and is neither an offer nor recommendation to buy, sell or hold any security. The views expressed are our own and not intended to be the basis for any investment decision. Investing intrinsically involves substantial risk and readers are reminded to consult an investment professional and complete their own due diligence, including SEC filings, when researching any companies mentioned in this release. This release is based upon publicly available information and, while vetted, is not considered to be all-inclusive or guaranteed to be free from errors. With respect to Section 17(B) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader’s attention to the fact that Online Media Group, Inc. received $1,333 in compensation from IRTH Communications for content creation, advertising and distribution services related to this material.

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Quanta’s Polarized CBD: Where Plants Meet Quantum Physics

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CBD, the short name for cannabidiol, remains a hot topic today in the consumer and investment spaces.  Companies are packing the component of hemp and cannabis touted for its powerful positive benefits into a litany of products, ranging from creams to gummies to medicines to food and beverages and everywhere in between.  Why?  Because consumer demand is soaring and the recent passage of the Farm Bill made hemp-derived CBD completely legal, opening up interstate commerce without fears of prosecution.

CBD, which doesn’t contain any of the psychoactive components that result in the “high” frequently associated with cannabis, has a therapeutic index that goes from alleviating symptoms of hard-to-treat diseases like epilepsy to anti-aging skin properties.

This segment of the so-called “green rush” – used to describe cannabis reform sweeping the planet – could be growing faster than the legal marijuana market.  Owing to increased consumer awareness about CBD’s uses and safety profile and relaxed hemp regulations, industry analysts at the Brightfield Group forecast that the hemp-derived CBD market could swell to $22 billion by 2022 from about $580 million in 2018.

At Quanta, Inc. (OTC: QNTA), scientists are using quantum physics to manipulate and stabilize electron spin in naturally occurring elements, including CBD, to increase performance in the body.  The result is CBD that is “polarized,” which brings with it a bevy of benefits that essentially amplify the properties of CBD in a consistent and repeatable fashion.  This means products using polarized CBD are faster acting with stronger healing power that last longer without making a person tired compared to competitor’s products.

Many companies tout increased “bioavailability,” meaning that the active ingredient in their product reaches its target in a more efficient way.  Others have trumpeted innovation in increasing bioenergy (or bio-activity), increasing the physical energy and effectiveness of any percentage of CBD available. 

Burbank, California-based Quanta takes it a step further, saying that its technology is the first to “increase and sustain” bio-activity in CBD.  The applied science company’s flagship product is a muscle rub, a combination of 13 natural ingredients, including, but not limited to, CBD, arnica, turmeric, ginger and sunflower oil.  Aptly branded as “Quanta CBD Muscle Rub,” the proprietary blend of the ingredients maximizes anti-inflammatory relief and circulation while easing aches and pains in muscles and joints for comfort and overall well-being.

Quanta also sells an ultra-premium CBD vape cartridge containing hemp-derived CBD.

According to Quanta, sales of the premium organic rub are improving dramatically since the initial launch just over five months ago.  The company sells the balm through its ecommerce channels in addition to being available in more than 300 doctor’s offices, 100 pharmacies and over 150 retail shops.

Quanta CEO Eric Rice didn’t provide specifics, but did say earlier this month that the muscle rub has built a loyal customer base that has helped bolster sales 70% month-over-month since launch.

Rice added that they are working on adding more distribution partners, including ongoing discussions with several national fitness centers, hospital networks and pain management centers.  The company is also planning to add more products to the portfolio using its polarization technology, for which it will manufacture its own line of CBD products in-house.  The company made the shift in business model from licensing CBD brands to the more lucrative model of manufacturing its own products subsequent to the passing of the Farm Bill.

Online Media Group, Inc. is not registered with any financial or securities regulatory authority and holds no investment licenses and does not provide, nor claims to provide, investment advice. We are a publisher of original and third-party news and information. This article is sponsored content and is neither an offer nor recommendation to buy, sell or hold any security. The views expressed are our own and not intended to be the basis for any investment decision. Investing intrinsically involves substantial risk and readers are reminded to consult an investment professional and complete their own due diligence, including SEC filings, when researching any companies mentioned in this release. This release is based upon publicly available information and, while vetted, is not considered to be all-inclusive or guaranteed to be free from errors. With respect to Section 17(B) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader’s attention to the fact that Online Media Group, Inc. received $1,333 in compensation from a third-party for content creation, advertising and distribution services related to this material.

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MassRoots Expands Product Portfolio with New Partner and Acquisition of COWA Science

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With predictions that the legal cannabis market will experience non-linear growth in the coming years underscored by ongoing legalization of marijuana worldwide, companies big and small are hustling to build their footprints to capture share in a market that  Grand View Research forecasts will reach $146.4 billion by the end of 2025 (from $7.1 billion in 2016).  Whether companies are touching the once-taboo plant or operating in an ancillary segment, there is no shortfall of growth opportunities as part of an abolishment of eight decades of cannabis prohibition.

For its part, MassRoots (OTCQB: MSRT), a technology and rewards platform at its core, is branching out into different verticals.  Since the start of 2019, the company has penned two substantive agreements that have expanded MassRoots’ portfolio of products and services.

In mid-January, the Los Angeles-based company partnered with We are Kured, a subsidiary of New Age Brands (CSE: NF)(OTC:NWGFF), to serve as the leading online retailer of We are Kured’s best-selling CBD Pen.   The handheld vaporizer pen dispenses cannabidiol, or CBD, a THC-free constituent of hemp and cannabis trumpeted for its therapeutic benefits relating to alleviating inflammation, pain, anxiety, seizures and a host of other symptoms from a variety of maladies without unpleasant side effects or psychotropic buzz often associated with marijuana. 

The pen represents a new revenue stream for MassRoots as the first CBD product to be sold directly through the company’s online platform and social media pages.  MassRoots has more than one million social media followers, in excess of 750,000 email subscribers and hundreds of thousands of unique monthly visitors on its website and application to whom it can market the product.

This month, MassRoots entered a definitive agreement to acquire supply-chain as a service company COWA Science Corp. in an all-stock deal valued at approximately $5.78 million.  The buyout terms are dependent upon COWA Science meeting annual revenue milestones of $2.5 million and $7.5 million, as well as other customary closing conditions.  In short, the terms specify that COWA shareholders are entitled to additional shares if the sales milestones are hit within three years of the effectiveness of the merger.

For 2018, unaudited financials show COWA Science generated revenue of approximately $1.5 million by providing a variety of products and services to its list of about 50 cannabis- and hemp-focused clients.  Upon completion of the transaction, COWA will become a wholly-owned subsidiary of MassRoots.

MassRoots expects the acquisition to be immediately accretive while diversifying its business.  Management expects to build upon the existing COWA Science business to offer a complete cannabis-centric suite covering the full supply chain, including advertising, consumer packaging, process and product development, growing supplements and nutrients, HVAC and more.  On the whole, the new, bigger MassRoots intends to provide a broad mix of offerings to hundreds of licensed cannabis business in key markets across the country.

“Going forward, MassRoots is confident that the addition of COWA Science will increase overall revenues and expand our market presence, with the goal of generating positive cash-flows from operations,” commented MassRoots CEO Isaac Dietrich in the press release on the acquisition.  Dietrich added that the decision to bring COWA Science under his company’s umbrella came after several years of following their business and growth trajectory.

Online Media Group, Inc. is not registered with any financial or securities regulatory authority and holds no investment licenses and does not provide, nor claims to provide, investment advice. We are a publisher of original and third-party news and information. This article is sponsored content and is neither an offer nor recommendation to buy, sell or hold any security. The views expressed are our own and not intended to be the basis for any investment decision. Investing intrinsically involves substantial risk and readers are reminded to consult an investment professional and complete their own due diligence, including SEC filings, when researching any companies mentioned in this release. This release is based upon publicly available information and, while vetted, is not considered to be all-inclusive or guaranteed to be free from errors. With respect to Section 17(B) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader’s attention to the fact that Online Media Group, Inc. received $1,333 in compensation from a third-party for content creation, advertising and distribution services related to this material.

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After a Solid 2018, BioSig Looks to Continue Success in 2019

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2018 may have been a tough year for the markets, but it certainly wasn’t for BioSig Technologies (NASDAQ: BSGM), as the little company grew up in a big way.  The fundamental advancements were rewarded by stockholders, evidenced by the shares of BSGM appreciating by 21.3% in 2018. 

Shareholders had plenty of cause to applaud BioSig for a litany of accomplishments.  For starters, the medical device maker graduated from the over the counter markets to a senior exchange, listing on the Nasdaq Capital Market in September.  Further, BioSig raised $13.5 million in quality capital to fund the next steps in expanding the pipeline and commercializing its PURE EP™ System.  The company now has almost 3,400 shareholders.

PURE EP System is a novel cardiac signal acquisition and display system which is engineered to assist electrophysiologists in clinical decision-making during procedures to diagnose and treat patients with abnormal heart rates and rhythms, including Atrial Fibrillation and Ventricular Tachycardia. In September, the FDA granted 510(k) clearance to BioSig for PURE EP, effectively giving the green light for commercialization of the cutting-edge system.

Some of the finest cardiac medical centers in the world are involved with PURE EP System, namely Mayo Clinic and Texas Cardiac Arrhythmia Institute.  These venerable institutions have signed agreements with BioSig for the first commercial installations of the systems.  17 pre-clinical studies of PURE EP System included other upper echelon institutions, such as Mount Sinai and UCLA medical centers.

All of this research and preparation laid the groundwork for BioSig to conduct the First-in-Human study of PURE EP System, which is expected this quarter and will be hosted by Mayo Clinic and Texas Cardiac Arrhythmia Institute.  This is a critical component of commercialization, with other leading centers expected to install the system and provide feedback subsequent to the human study.  This information is part of a methodical approach that will allow BioSig to be properly positioned to ramp-up commercialization efforts in 2020.

To that point, results from the human trial is planned to be presented in May at Heart Rhythm Scientific Sessions, the largest event in BioSig’s industry, where the company can show-off its technology to a large community of potential customers.

Looking further down the road, Mayo Clinic has come on as a strategic collaborator to explore other indications and applications where PURE EP System could prove valuable in treating patients with different diseases and conditions.

BioSig also expanded its global footprint as it looks ahead to commercialization of PURE EP System and future innovation.  New hubs were opened in Austin, Texas and Norwalk, Connecticut, joining the corporate headquarters in Santa Monica, California and rep office in Geneva, Switzerland.

Internally, the company is stronger than ever with the formation of an Advisory Board made up of seasoned veterans lending their expertise in finance, commercialization, government affairs, capital markets, clinical fields and strategic partners.

Backstopped by these developments and upcoming milestones, ROTH Capital Partners has given BSGM a “Buy” rating with a price target of $14.00 per share.  After closing December 31, 2018 at $4.27, shares are up 19.9% so far in 2019 as of the close of trading on Friday, February 15, 2019, meaning ROTH sees a lot more upside to BioSig as commercialization of PURE EP System draws closer.

Online Media Group, Inc. is not registered with any financial or securities regulatory authority and holds no investment licenses and does not provide, nor claims to provide, investment advice. We are a publisher of original and third-party news and information. This article is sponsored content and is neither an offer nor recommendation to buy, sell or hold any security. The views expressed are our own and not intended to be the basis for any investment decision. Investing intrinsically involves substantial risk and readers are reminded to consult an investment professional and complete their own due diligence, including SEC filings, when researching any companies mentioned in this release. This release is based upon publicly available information and, while vetted, is not considered to be all-inclusive or guaranteed to be free from errors. With respect to Section 17(B) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader’s attention to the fact that Online Media Group, Inc. received $1,333 in compensation from a third-party for content creation, advertising and distribution services related to this material.

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