- No
Borders Inc. is a multi-faceted technology innovator and marketing company
focused on infiltrating and disrupting verticals that are behind the curve
of technological adoption
- No
Borders recently announced its first publicly accessible blockchain
product, CBD LabChain, as a means of providing CBD product purity openness
to consumers and revenue to the company as it helps Hemp brands to prove
their product purity and efficacy
- The
company is built on a lean, remote-work operating system that encourages
creativity and minimizes costs, thereby maximizing shareholder value
- The
company’s most recent quarterly report showed quarter-over-quarter revenue
growth of 25.57 percent as well as an increasing gross profit margin
The reported wellness benefits of non-euphoric cannabis
products such as cannabidiol, better known by the trade marketing initials CBD,
are making products such as CBD a household medicine cabinet staple in an
increasing number of homes all across North America (http://ibn.fm/lb44J), not only
among young adults but also among potentially more conservative members of the
over-50 senior market – a recent Gallup poll showed one in five respondents
under 29 years old reported using CBD, and nearly one in five older than 50
similarly reported using it (http://ibn.fm/C2jSe).
At the same time, consumer advocates are raising alarms
about the reliability of CBD product claims – a San Diego TV station recently
reported on a local lab’s findings that numerous CBD products lacked any CBD,
misrepresented the amount of CBD, or were tainted by potentially harmful
substances (http://ibn.fm/e1evp).
Forbes (http://ibn.fm/WvLia)
also noted recently that hemp-derived CBD is “poised to overtake olive oil in
the category of most counterfeited plant extract on the planet,” because of an
undeveloped federal regulatory process in the United States. The U.S. military
complex has banned CBD use among the various services because of uncertainties
about potential euphoric drug taint in marketed products (http://ibn.fm/k9uN0).
Innovative technology solutions provider No
Borders Inc. (OTC: NBDR) is focusing its expertise in Distrubuted
Ledger Technology also known as “blockchain” on improving the reliability of
CBD products. The company announced its first publicly accessible blockchain
product, CBD LabChain, in November as part of a platform-building venture that
will grant consumers immutable, secure and open access to laboratory test
results for CBD products (http://ibn.fm/I8Q9j).
The company’s subsidiary No Borders Labs uses cutting-edge
technology to provide clients and other No Borders portfolio companies with
world-class Internet-based tools, including data analytics, technological
innovation and tech support. Through CBD LabChain, No Borders is looking to
build a revenue stream based on a per-test fee Platform As A Service (PAAS)
model that provides a clear and highly in demand trust layer to the consumer
while helping retailers in the lucrative CBD marketplace to showcase the
efficacy of their products.
As the military’s ban on CBD shows, a significant concern
among potential product users is the potential for cannabis-derived CBD
substances to also contain significant levels of cannabis plants’
tetrahydrocannabinol (THC) chemical extract. While CBD contains some minimal
psychoactive properties regarded as desirable for pain relief, THC is a
stronger euphoria-inducing extract that provides the basis of marijuana drug
products, and the fact that both extracts are derived from cannabis leads to
the possibility both might exist in a cannabis product that has not been
adequately vetted.
Hemp Magazine recently highlighted the economics involved in
product testing, citing both a CBD consumer jailed on a felony charge because
of a traffic stop that led to the discovery her CBD bottle had too much THC
content under state law, as well as a hemp farm that spent $35,000 to $40,000
per year on lab testing before deciding to create its own testing facility (http://ibn.fm/DuheI).
No Borders operates on a lean, remote-work corporate
model (http://ibn.fm/u4uta)
that allows it to not merely foster creativity but also to manage costs in
verticals whose existing market participants are behind the curve of
technological adoption, which generates large profit opportunities for the
company as well. The company’s most recent quarterly report showed
quarter-over-quarter revenue growth of 25.57 percent and a gross profit margin
that increased from 35.03 percent to 42.47 percent.
“Clearly, this filing shows that the Company is deploying
capital to its brands and businesses at almost a 100% rate,” No Borders COO
Cynthia Tanabe stated in a news release (http://ibn.fm/6ssC6). “This is a strong indicator of how
much faster and farther the NBDR brands can go with the addition of capital
through the Company’s recent SEC filings.”
No Borders received “qualification” approval from the
Securities and Exchange Commission for a Reg A offering to raise up to $3
million in investments in November, and has subsequently received approval from
the states of New York and Colorado to seek investors there (http://ibn.fm/IBWFa). The
company has also applied for Reg A qualification in Florida and anticipates
pursuing similar efforts in several additional states, “to raise capital while
mitigating and minimizing negative dilutive impacts to the business and its
shareholders.”
For more information, visit the company’s website at www.NBDR.co
NOTE TO INVESTORS: The latest news and updates
relating to NBDR are available in the company’s newsroom at http://ibn.fm/NBDR
About QualityStocks
QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential. We offer several ways for investors to learn more
about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment