Wednesday, February 15, 2023

REZYFi, Inc. Leveraging Everchanging Cannabis Landscape to Tap into Possible Legislation-Driven Growth for California Cannabis Industry

 

  • REZYFi is a real estate-oriented mortgage company that primarily targets licensed and permitted cannabis companies and owners of real estate who lease to cannabis companies
  • The company is keen on capitalizing on possible opportunities brought by new and pending cannabis legislation
  • Recently, the California Department of Cannabis Control sought the legal opinion of the state Attorney General’s office on whether or not interstate cannabis commerce will be viable, given the signing of a state bill to allow the transportation and distribution of cannabis products to other states
  • Should the letter yield a positive opinion, legal interstate cannabis commerce could be a game-changer for the California cannabis industry

As states, which have been largely responsible for every advance in legal cannabis, of course, backed by the tolerance of the US Department of Justice, continue to evermore inch the industry forward, companies in the space are keenly watching. One of these is REZYFi, a real estate-oriented mortgage company that primarily targets licensed and permitted cannabis companies and owners of real estate who lease to cannabis companies.

The bills, which expand the opportunities and market for REZYFi and other players in the space, have been introduced and/or signed into state law in a number of states, including California. In September 2022, Governor Gavin Newsom signed several bills to expand the legal cannabis market and remedy the harmful effects of bygone cannabis prohibition. Among these bills was Senate Bill 1326, which set the stage for licensed California marijuana companies to transport or distribute cannabis or cannabis products outside the state (https://nnw.fm/K9Ncl).

Specifically, it “would authorize the Governor to enter into an agreement with another state or states authorizing medicinal or adult-use commercial cannabis activity, or both, between foreign licensees, who are licensed under the laws of other state or states, and entities operating with a [California] state license…” (https://nnw.fm/TDNAU).

However, the bill stipulated that an agreement entered by the Governor can only take effect if one of four criteria is met, one of which requires the state Attorney General to issue a written opinion that the interstate cannabis trade “will not result in significant legal risk to the State of California under the federal Controlled Substances Act.”

It is pursuant to this criterion that the California Department of Cannabis Control (“DCC), through General Counsel Matthew Lee and Director Nicole Elliott, wrote a letter in late January asking the state Attorney General’s office its opinion on the matter. On their part, Lee and Elliott argued that interstate cannabis commerce would not result in significant legal risk to California (https://nnw.fm/55NZ3).

The letter has spawned a lot of excitement, with major players in the legal cannabis space calling it a significant development. Should it yield a positive opinion, legal interstate cannabis commerce is poised to be a game-changer, with some observers noting it could indeed prove profitable (https://nnw.fm/Z7x4O). It would, for instance, allow producers in California to access markets in new states, giving the state’s cannabis industry the tools it needs to drive growth.

According to an article in Forbes (https://nnw.fm/KIN8n), which quotes the head of Alliance for Sensible Markets, Adam Smith, interstate cannabis commerce bills “are indicative of a realization among forward-looking state leaders that state-siloed markets are unsustainable. In natural producer states like California, thousands of small farms and businesses are on the verge of collapse due to a lack of access to the markets these growing regions have traditionally served. In consumer states, where cannabis is more difficult or expensive to grow at scale, thousands of existing and potential small businesses will wait years for a still-limited and overpriced supply chain. Opening these markets will give those businesses immediate access to thousands of existing, world-class suppliers at more competitive pricing.”

REZYFi is uniquely positioned to benefit from the ever-evolving legal cannabis space. The company is led by a management team that has extensive experience in the cannabis and hemp marketplaces. This, REZYFi believes, allows it to understand the changing landscape of the cannabis industry and source the best opportunities in the sector. Additionally, the team holds significant managerial expertise and experience in a diverse range of real estate and financing subsectors, which allows the company to tailor financing packages to meet the unique needs of cannabis businesses. REZYFi is licensed in 36 states with offices in West Covina, California and Miami, Florida.

For more information, visit the company’s website at www.REZYFi.kaycom.

NOTE TO INVESTORS: The latest news and updates relating to REZYFi are available in the company’s newsroom at https://nnw.fm/REZY

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Prime Harvest Inc. Prepares to Expand Retail Footprint with Approval Recommendation From San Diego Planning Group

 

  • San Diego Planning Group grants approval recommendation to Prime Harvest Inc. to open retail cannabis outlet in Mount Hope
  • Community planning groups often appeal retail cannabis applications, resulting in long delays, court cases, and project abandonment
  • Prime Harvest received local support by meeting with community stakeholders, revealed plans to integrate community’s needs into project
  • Prime Harvest is a member of the Community Alliance Program, provides financial assistance for educational programs, homeless veterans, urban farms, and the arts

Opening a cannabis retail outlet in San Diego is not an easy process, but Prime Harvest, a legal tech-focused cannabis enterprise and parent company to JAXX Cannabis, is now one step closer with an approval recommendation from the San Diego Planning Group (https://nnw.fm/ryN3B).

Most cannabis companies aiming to open a retail shop are not as fortunate due to the overwhelming resistance from community planning groups across San Diego. Appeals are rampant, and typically result in long delays, court cases, and project abandonment.

Despite the arduous process, some cannabis companies – like Prime Harvest Inc. – manage to break through and gain an approval.

On November 14th, the Southeastern San Diego Planning Group voted 8 to 2 to recommend approval of a conditional use permit for Prime Harvest Inc. to open a retail cannabis outlet in the city of Mount Hope. This is in sharp contrast to previous applications opposed by local grassroots organizations such as Millennium Hippie and Paving Great Futures, where “lack of engagement with the community and no plan for equity” were cited as reasons for the appeals.

Prime Harvest Inc.’s application took a different turn due to multiple meetings between the company and community stakeholders. During those engagements, Prime Harvest Inc. representatives demonstrated a plan to integrate the communities’ needs into its project, such as neighbourhood security and park beautification.

Social initiatives and philanthropy have always been a part of Prime Harvest Inc.’s mission. The company is a proud member of the Community Alliance Program (“CAP”), which provides assistance for educational programs, veterans, urban farms, and the arts. In addition, the CAP advocates for safe access of cannabis medicine to individuals in need.

Scientific research continues to validate therapeutic cannabis use for numerous conditions, including multiple sclerosis, anxiety, chronic neuropathic pain, resistant pediatric epilepsy, chemotherapy-induced nausea, and insomnia (https://nnw.fm/6F96P). Prime Harvest Inc. is dedicated to helping patients affected by these conditions. Further, to complete its retail offerings, the company plans to market a range of cannabis-based products targeted at recreational and health-conscious consumers.

“From our humble beginnings in 2017 as San Diego, CA cannabis producers to our position today as a leader within the state’s cannabis industry, we’ve delivered excellence in legal access to cannabis, and best-in-class experiences that our community loves and supports,” said Prime Harvest CMO JM Balbuena (https://nnw.fm/g7HSh). 

Prime Harvest Inc. is a full-service cannabis company that focuses on licensing, acquisition, compliance management, and direct-to-consumer operations. The company aims to provide first-in-class cannabis experiences while enriching local stakeholders with programs that support vulnerable communities, healthcare, education, and the arts.

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

NOTE TO INVESTORS: The latest news and updates relating to Prime Harvest are available in the company’s newsroom at https://nnw.fm/PRIME

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Tuesday, February 14, 2023

GeoSolar Technologies Inc.: Stopping Climate Change Starts at Home with an Electric Heat Pump

 

  • EVs are only doing so much to affect climate change; houses account for 33% of all carbon emissions in U.S.
  • GeoSolar Technologies SmartGreen(TM) Home system is a zero-carbon solution that uses a combination of green technologies to eliminate the need for fossil-fuel energy
  • SmartGreen(TM) households have been constructed in Colorado, where its geothermal heat pump system helped achieve some of the highest HERS scores ever

With climate change front and center, industries are innovating and making changes wherever possible to slash carbon emissions to meet global warming targets of 1.5 °C above pre-industrial levels. Rapid growth in electric vehicle sales is making a difference, but the real opportunity to move the needle resides in a far lesser discussed topic: homes. More succinctly, the heat pumps that keep people comfortable inside, an opportunity that is at the heart of the business model of GeoSolar Technologies (“GST”).

Heat pumps have been around for more than 160 years, and the technology continues to advance its efficiency. Heat pumps work by moving air. Simply put, heat pumps move hot air from indoors outside during the hot months and reverses the process in the cold months. These pumps use electricity as its energy source, as opposed to forced air furnaces that burn oil, propane, or natural gas to heat a building.

Geothermal heat pump systems work a bit differently in ways that they don’t draw air from the outside. Rather, the air in the system is pushed through underground pipes where temperatures remain far more constant, making the system even more efficient.

Some make the argument that heat pumps aren’t as appropriate for cold climates, for which GeoSolar Technologies strongly disagrees, putting its money where its mouth is to prove that notion wrong. Headquartered in Denver, Colorado, the first pilot homes of its patented SmartGreen(TM) Home system were constructed in the often-bitterly-cold region, delivering some of the best scores available in the Home Energy Rating System (“HERS”), the industry’s gold standard for measuring energy efficiency.

GeoSolar’s SmartGreen(TM) Home is a comprehensive system that results in a carbon-free home, a growing trend in residential housing. The system utilizes photovoltaic solar panels on the roof, geothermal ground loops and heat pump for heating and cooling, state-of-the-art air purification system, electric vehicle charging station, electric water heater, and optimized wall and ceiling insulation keep air from moving in and out of the building’s envelope.

For a reason, the idea of everyone getting an electric car is a short stretch, while home emissions go largely ignored when they should command a lot more attention. As GeoSolar poignantly reminds its communities that homes account for about one-third of all carbon dioxide emissions in the U.S. 62% of electricity used in buildings across the country still come from natural gas and coal-fired power plants.

“The U.S. has 84 million outdated homes with obsolete, fossil fuel driven energy systems that are highly toxic and polluting,” according to GeoSolar. That’s a lot of opportunity for the company to make SmartGreen(TM) a household name.

From the time a customer contacts GeoSolar, the company owns the whole process, starting with an audit of the home, explaining the installation – which typically only takes a couple weeks and can be done in new construction or retrofit – while arranging financing if required, and making sure the homeowner benefits from all government incentives available, which abound at state and federal levels.

Further proving the point for year-round functionality, heat pumps are becoming a hot commodity in Colorado. According to Xcel Energy, Colorado’s biggest electricity provider, the number of rebates it issued between 2021 and 2022 more than tripled to 1,220. In a similar vein, the number of heat pump rebates for the #2 electricity provider, Tri-State Generation and Transmission Association, jumped 40% to 942.

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

NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://nnw.fm/GST

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Coyuchi Inc.’s Circular Business Model Attracts Customer Retention and Provides Beneficial Investment Opportunities

 

  • Coyuchi’s product line features textiles made using 100% organic cotton – with more than 200,000 active customers averaging a repeat purchase rate of 35%
  • The United States organic bedding market was valued at $231.8 million in 2020 and is expected to reach $1.2 billion globally by 2027
  • Coyuchi pushes the organic textile market forward through circular initiatives, including the Coyuchi Climate Council and C4: The California Cotton & Climate Coalition
  • Coyuchi guarantees the highest environmental and ethical standards through numerous certifications such as The Global Organic Textile Standard (“GOTS”), Fair Trade Certified, and MADE SAFE(R)
  • Coyuchi is providing investment opportunities through a Regulation A+ public offering

The millennial generation was the first to make purchasing based on positive societal impact popular – with 83% wanting the brands they purchase from to align with their values and beliefs (https://nnw.fm/giLgE). Coyuchi, the gold standard in sustainable luxury home goods, uses 100% organic cotton in its textiles. It was built on four foundational pillars: protect the planet, innovate circular design, live sustainably, and enrich the community – which is why the company has experienced record growth, with 200,000 active customers averaging a repeat purchase rate of 35%.

Coyuchi’s offering includes sustainably produced luxury organic bedding, sheets, towels, apparel, and other home goods for the environmentally conscious home – which customers keep coming back for. The company’s “Customer Favorites” page features 40 of Coyuchi’s products most commonly purchased by customers visiting the Coyuchi website (https://nnw.fm/dxTE5).

Coyuchi’s product line features everything needed to keep warm during the cold winter months, including Cloud Brushed(TM) Organic Flannel Sheets, Organic Crinkled Percale(TM) Duvet, and Sequoia Washable Organic Cotton and Wool Blanket. These sustainably-made bedding options pair well with Coyuchi’s Cloud Loom(TM) Organic Towels and Unisex Organic Waffle Robe – providing luxury from head to toe for men and women.

The global organic bedding industry was valued at $792.2 million in 2020. By 2027, the market is expected to reach $1.2 billion, growing at a CAGR of 5.8%. The United States organic bedding market was valued at $231.8 million in 2020 (https://nnw.fm/82IGm). 

Coyuchi continues pushing the organic textile market forward through circular initiatives and supporting cross-industry sustainability as advocates. A circular business model is meant to ensure environmentally supportive properties as a product moves through its development and life cycle. In addition to its holistic circular business model, the company has created the Coyuchi Climate Council with a goal of net zero emissions by 2025 and net positive emissions by 2030. Coyuchi is also a founding member of C4: The California Cotton & Climate Coalition, which combines other sustainability-driven companies creating a structure for investing in regionally grown, Climate Beneficial(TM) cotton, and directly supports the livelihoods of the farmers that grew it. The company also guarantees the highest environmental and ethical standards through numerous certifications such as The Global Organic Textile Standard (“GOTS”), Fair Trade Certified, and MADE SAFE(R).

For investors, Coyuchi offers a unique opportunity through the company’s Regulation A+ (Reg A+) public offering. Reg A+ is a new law allowing almost anyone to invest in a public offering, an opportunity that was previously only available to the wealthiest 2% of Americans. Now, people can invest and hold a stake in companies they support and believe in – like Coyuchi.

Public investment in Coyuchi provides an incredible opportunity to push tenets of sustainable living forward and bring organic products to a wider audience. Coyuchi believes that everyone should have access to smart investment opportunities. Companies that focus on their positive environmental and social impacts in the communities they serve while driving financial performance is the definition of smart investing. Coyuchi brings a 99% organic product, 6,000 pounds of material renewed and resold, and 31 years of sustainable business experience. The company’s investment profile can be found on Manhattan Street Capital (https://nnw.fm/BH7rT).

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

NOTE TO INVESTORS: The latest news and updates relating to Coyuchi are available in the company’s newsroom at https://nnw.fm/COYU

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Initiates Exploration Outside Kay Mine Amid Copper Supply Shortages

 

  • Insufficient critical mineral supplies could drive prices higher amid copper shortages according to recent Forbes report
  • AZMCF’s Kay Mine Deposit has a historic resource estimate of “proven and probable reserves” of copper, gold, zinc, and silver according to a 1982 report by Exxon Minerals (1)
  • During 2022, AZMCF received drill permits for Kay Mine Central and Western targets, completed approximately 33,000 meters of core drilling, and initiating drilling on targets outside the deposit
  • Fully-funded to complete the remaining Kay Mine Phase 2 program of 8,600 meters (budget of USD$2.7 million), as well as 76,000 meters (budget of USD$24 million) planned for Phase 3 which will primarily test two large targets west of the Kay Mine Deposit
  • Drilling at the large Western Target, located 1,200 meters west of the Kay Mine Deposit, scheduled to begin Q1 2023

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a mineral exploration company, started 2023 on a positive trajectory with plans to begin exploring outside its flagship Kay Mine copper-gold-zinc-silver asset located in Yavapai County, Arizona.

According to a recent report by Forbes, insufficient supplies of critical minerals could drive prices higher amid shortages (https://nnw.fm/F9OWq). Specifically, the price of copper per pound has risen amid supply disruptions and China’s “economic reawakening”, causing some analysts to predict moderate-to-outsize gains during 2023.

According to an unverified 1982 historic estimate conducted by Exxon Minerals, AZMCF’s Kay Mine project has a “proven and probable reserve of 6.4 million short tons at a grade of 2.2% copper, 2.8 grams per ton gold, 3.03% zinc, and 55 grams per ton silver.” (1).

No resource categories were used for the estimate and none of the key assumptions, parameters, and methods were reported by Exxon. As defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects, significant data compilation, re-drilling, and data verification may be required by a “qualified person” before the historic estimate can be verified and upgraded to a current mineral resource.

AZMCF owns 100% of the Kay Mine property, which totals 1,300 acres and is not subject to royalties. During 2022, AZMCF received drill permits for both the Central and Western targets, completing approximately 33,000 meters of core drilling and initiating drilling on targets outside the deposit. The company was fully funded to complete the remaining 8,600 meters for its Phase 2 program as of September 2022, and an additional 76,000 meters is planned for Phase 3. Both phases aim to test numerous parallel targets west of the deposit, with plans to test additional targets on its northern and southern extensions.

“We are pleased to report that towards the end of 2022 we did see a marked improvement in permitting timelines, and the Kay Mine Project is now fully-permitted to complete the Phase 3 drill program of 76,000 meters,” reads a recent letter sent to AZMCF shareholders (https://nnw.fm/85Jg2). “Looking forward, we will continue to focus on delivering value and driving long-term growth for our shareholders, alongside the Kay and Sugarloaf local communities.”

According to a 1983 report by Westworld Resources in 1983, AZMCF’s fully owned Sugarloaf Peak Property in La Paz County has a historical estimate of “100 million tons containing 1.5 million ounces (of) gold” at a grade of 0.5 grams per ton (2). The report is subject to similar verification constraints as the historical estimate conducted for the Kay Mine asset, and may require significant data compilation, re-drilling, and data verification before it can be upgraded to a current mineral resource.

Based in Toronto, Canada, Arizona Metals advances precious and base metal deposits in Arizona. The company leverages decades of industry experience to develop world-class exploration projects amid projected rising prices and supply shortages.

(1) The historic estimate at the Kay Mine Deposit was reported by Exxon Minerals in 1982. The historic estimate has not been verified as a current mineral resource. None of the key assumptions, parameters, and methods used to prepare the historic estimate were reported, and no resource categories were used. Significant data compilation, re-drilling and data verification may be required by a “qualified person” (as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects) before the historic estimate can be verified and upgraded to be a current mineral resource. A qualified person has not done sufficient work to classify it as a current mineral resource, and Arizona Metals is not treating the historic estimate as a current mineral resource.

(2) The historic estimate at the Sugarloaf Peak Property was reported by Westworld Resources in 1983. The historic estimate has not been verified as a current mineral resource. None of the key assumptions, parameters, and methods used to prepare the historic estimate were reported, and no resource categories were used. Significant data compilation, re-drilling and data verification may be required by a qualified person before the historic estimate can be verified and upgraded to a current mineral resource. A qualified person has not done sufficient work to classify it as a current mineral resource, and Arizona Metals is not treating the historic estimate as a current mineral resource.

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

Full Disclosure: Arizona Metals Corp. is an InvestorBrandNetwork marketing client.

NOTE TO INVESTORS: The latest news and updates relating to AZMCF are available in the company’s newsroom at https://nnw.fm/AZMCF

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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