ROHSTOFF INTERNATIONAL

14:45 | 06.03.2018
The Vital Healthtech Solution the Cannabis Industry Can’t Live Without

PALM BEACH, Florida, March 6, 2018 /PRNewswire/ — MarketNewsUpdates.com News Commentary   As the recreational floodgates open soon nationally in Canada and state by state in the US there is one main concern, quality. Companies in the space providing different cannabis services, from growing to logistics include Canopy Growth , Hydropothecary , Maricann Group Inc. (CSE: MARI) , Tyler Technologies and HealthSpace Data Systems Ltd. (CSE: HS) (FRA:38H). Although, as noted mid-February, the July legalization to allow recreational marijuana federally may be delayed in Canada. Therefore, a healthtech discussion is necessary to prepare for this inevitability in the market. Healthtech, which the WHO defines as the “application of organized knowledge and skills in the form of devices, medicines, vaccines, procedures and systems developed to solve a health problem and improve quality of lives”. This includes the pharmaceuticals, devices, procedures and organizational systems used in healthcare. Within the Healthtech sector HealthSpace Data Systems Ltd. [http://web.healthspace.com ] (CSE:HS [https://finance.yahoo.com/quote/HS.CN?p=HS.CN ]) (FRA: 38H) was one of the first companies that saw the value of with Blockchain as an established answer to the quality and safety issue. Tyler Technologies, Canopy Growth , Hydropothecary , and Marricann Group (CSE: MARI) (OTCQB:MRRCF) also represent leading voices in the Healthtech/Cannabis sector. According to Deloitte, healthtech will flourish in a global healthcare sector that is forecast to hit $8.7 trillion in 2020 from $7 trillion in 2015. California is expected to hit $5 billion by 2019 according to research firm BDS Analytics. The Company currently offers the only integrated inspection, administration and analytics product suite across all platforms in North America. Further, HealthSpace now delivers its government grade technologies to private businesses enabling them to gain visibility and predictability into their own organizations, moving from a reactive to a proactive operational status. Establishing quality of supply, meaning the Cannabis is pure and disease free, while an interesting challenge is once that has seen its roots (see how I did that?) in the medical and hospitality sectors. Over 20 years, HealthSpace has never lost a client. That includes 300 healthcare clients in North America. Healthtech In The Cannabis Space One sector in need of healthtech is the cannabis market. Maintaining a disease-free product supply is beyond paramount. Software that quickly and efficiently stores information about the quality of a restaurant, a cannabis growing operation or even a retail establishment could well be a major opportunity. Government inspections, be it a restaurant or other consumables or health business are stressful and expensive to both parties. The New World Order has software, the trend is moving quickly to a ‘self-inspection’ system that not only saves money and time, but any ensuing visit to audit the results are not known to the establishment. Further results are contained in a database allowing the public to use the reports. The difference of course, due to the Blockchain integration, there is no worry of fake or embellished stats and analytics. Establishments need to maintain a minimum 90 points or better rating to keep a ‘Good’ rating. All told, there are thousands of facilities including restaurants, hotels, swimming pools indeed anything that is inspected by City staff in the jurisdiction. Bad Cannabis Is Better Than No Cannabis? When looking at all the necessary data needed to track the health of a cannabis supply, from seed to weed, one can be sure that governments will require a robust inspection system for growers and retailers alike. Software, such as that produced by HealthSpace is customizable and does exactly as its restaurant application. From a software loaded tablet, any change in government cannabis regulations are presented. Self-compliance and subsequent auditing ensure that quality and compliance are up-to-date. Finally, the system helps manage operations by utilizing data analytics and custom overviews. In essence, health departments and regulators will have an instant and very accurate snapshot of operations, compliance, quality, and the industry as a whole. Blockchain For Regulatory Enforcement If some bad weed where to be circulated, it would be necessary to find out where it came from for a myriad of reasons. Of paramount importance would be to have all the information to track and stem any outbreak. Much like the containment process for an e-coli outbreak, the use of blockchain technology could save many lives. All of the data, no matter the sector would be secure, accurate and incorruptible as the individual inspections/information blocks were chained. “The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.” Don & Alex Tapscott, authors Blockchain Revolution (2016) Some other moves that make HealthSpaces a standout are: It intends to release its alpha prototype, testing blockchain based quality and safety audits with industry partners in Q1 2018. This will include cannabis production, the food service and hospitality sectors and various government agencies. Over US$500K in contracts secured. Vanbex Capital, an integrated venture studio that invests in high growth blockchain ventures, will make a strategic investment of $1 million into HealthSpace. Vanbex has an extensive track record of incubating successful blockchain companies with over 60 blockchain companies in their portfolio some of which are the top companies in the industry globally. In the space, there are other companies similar to HealthSpace, which has a market cap of $18m and YTD had a low of $0.125 and a high of $0.25. Potential Comparables Canopy Growth has a market cap of $5.5 billion with a year to date hi of $14.19, low of $24.11 and trades at $27.99. With exception brands, including Tweed, which the most recognizable in the world, it also holds Spectrum Cannabis and Bedrocan, a leader in medical marijuana. Partners include Snoop DoGG, the multiple award-winning DNA and Indoor Harvest, growing solutions. Hydropothecary is a licensed producer of medical marijuana by ACMPR (Access to Cannabis for Medical Purposes Regulations (Canada). Market Cap of $752 million. YTD Hi/lo/current: $5.00, $4.50, $4.23. It is one of 8 companies chosen to supply Cannabis to Quebec. Recently launched Canada’s first medical Elixir CBD Peppermint Oil mist following the release of Elixir THC Peppermint oil mist. Both products are medically similar, with CBD product having significantly less THC. Maricann Group Inc. (CSE: MARI) (OTCQB:MRRCF) as a producer of high quality Medical Marijuana, services a patient base with more than 11,000 total registered patients since inception. Market Cap is $232 million and has seen its share currently trading at $3.00. YTD the shares have hit $4.50. With both Canadian and European operations, the company is well positioned to expand around the world. Its innovative drug delivery platform and adult-use branding also opens the door to both areas of the market. Tyler Technologies (TYL) is a provider of integrated information management solutions and services to address the information technology needs in areas of operations for cities, counties, schools and other local government entities. Market cap of 7.7 billion. YTD lo/hi of US$180.00-$206.87. Tyler serves more than 15,000 local government offices by providing software and services for cities, counties, schools and other government entities, according to the company. It has clients in all 50 states, Canada, the Caribbean, Australia and other countries. Healthtech Solutions to Logistical Problems Bottom line is that companies that live in a world of logistics will find themselves in the middle of a firestorm quickly without the right provenance. HealthSpace Data Systems Ltd. (CSE: HS) (FRA:38H) has spent two decades developing and delivering exactly the type of solutions needed to ensure safety, cost effectiveness and save lives. The use of blockchain technology by HealthSpace is critical to achieve this goal. For a more detailed look at HealthSpace Data Systems Ltd. [http://web.healthspace.com ] (CSE:HS [https://finance.yahoo.com/quote/HS.CN?p=HS.CN ]) (FRA: 38H), please visit Streetsignals.com for an in-depth overview [https://streetsignals.com/healthspace-data-systems-ltd/hs-1/discover-one-rapidly-growing-company-offers-investors-exposure-to-three-of-todays-hottest-markets ] of the company. DISCLAIMER: Streetsignals.com (SS) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with SS or any company mentioned herein. The commentary, views and opinions expressed in this release by SS are solely those of SS and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable SS and FNM for any investment decisions by their readers or subscribers. SS and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security. The Article and content related to the profiled company represent the personal and subjective views of the Author (SS), and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author (SS) has not independently verified or otherwise investigated all such information. None of the Author, SS, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment. FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated seventy six hundred dollars by SS, a non-affiliated third party to distribute this release on behalf of HealthSpace Data Systems Ltd. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SS and FNM undertake no obligation to update such statements. Media Contact:
FN Media Group, LLC
info@marketnewsupdates.com
+1(561)325-8757
  MarketNewsUpdates.com


NEWSLETTER

Abonnieren Sie jetzt unseren
aktuellen Newsletter

WIRTSCHAFTSNACHRICHTEN

19:32 Uhr | 21.06.2018
ANALYSE-FLASH: Bernstein belässt ...


19:17 Uhr | 21.06.2018
GESAMT-ROUNDUP 2: EU-Staaten ...


19:16 Uhr | 21.06.2018
Aktien Osteuropa Schluss: Verluste ...


18:58 Uhr | 21.06.2018
Oberstes US-Gericht erlaubt ...


18:57 Uhr | 21.06.2018
ROUNDUP/Aktien Europa Schluss: ...