About BioLargo, Inc.
Monday, 11 March 2019
Press Release - BioLargo Supplies Odor and VOC Control Solution to Cannabis Industry: An Uptick Newswire Stock Day Podcast Interview
Phoenix, March 11th, 2019 (GLOBE NEWSWIRE) – On March 7th, 2019, Uptick Newswire Stock Day Podcast welcomed Dennis P. Calvert of BioLargo, Inc. (OTCQB:BLGO), a developer of sustainable technology assets and a full-service environmental engineering company. Mr. Calvert discussed the company’s most recent foray into a new business sector – cannabis – and discussed its technology assets in an interview with Stock Day’s Everett Jolly.
Jolly began by asking Mr. Calvert for an update on the Company’s CupriDyne Clean Industrial Odor Eliminator, which solves tough problems with odor and “volatile organic compounds” (VOCs) in industrial facilities. Mr. Calvert explained the product’s organic growth in the waste handling industry, and that it is rapidly replacing the products of large and experienced competitors. “The last year has been dramatic. We’ve landed the top four waste handling companies. We’re getting adoption, and the adoption is increasing,” shared Calvert.
The product’s overwhelmingly positive feedback in this market has led new opportunities, like the booming cannabis industry. Mr. Calvert explained how this represents a “pick & shovel” business opportunity, where the Company supplies a crucial tool for a serious problem – odor and VOC control – for the rapidly growing cannabis market.
Calvert also gave an update on the Company’s FDA 510(k) application for its Clyra medical product. Calvert explained that the Company’s FDA application is currently in process and that a positive outcome is expected, but as it relies on government regulatory processes this obviously can’t be guaranteed. Calvert did share that the product has, however, successfully passed its required sensitivity testing, a key part of the application process. Calvert shared that following its expected approval, the product will represent a game-changing technology in the wound care market because of its unmatched efficacy.
Finally, Jolly inquired about the Company’s advanced water treatment technology, the Advanced Oxidation System (AOS). Calvert shared that two pilots are in the early stages of deployment and that the Company has even been invited by one of the country’s leading water industry engineering firms to participate in a third-party validated field pilot to treat municipal wastewater at a municipal facility in the Northwest US, which would offer unprecedented recognition for the Company’s AOS. Calvert said, “This is really a big deal. It’s a sleeper that’s going to wake up.”
To close the interview, Calvert shared that the Company’s burn rate is continuing to decrease even as they experience substantial growth. The Company’s goals for 2019 include a reduction of the Company’s debt, a capital for its water and medical subsidiaries, FDA approval for its medical product, and completion of its AOS water treatment pilots and subsequent commercialization.
“2018 was the turning point, 2019 is where we really start to see the value show up.”, closed Calvert.
To hear Dennis Calvert’s entire interview, follow the link to the podcast here: (Link Here)
Investors Hangout is a proud sponsor of “Stock Day,” and Uptick Newswire encourages listeners to visit the company’s message board at https://investorshangout.com/
About BioLargo, Inc.
Dennis Calvert President and CEO BioLargo, Inc.
Safe Harbor Act
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.
About Uptick Newswire and the “Stock Day” Podcast
Founded in 2013, Uptick Newswire is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Uptick provides companies with customized solutions to their news distribution in both national and international media outlets. Uptick is the sole producer of its “Stock Day” Podcast, which is the number one radio show of its kind in America. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire, which recently launched its Video Interview Studio located in Phoenix, Arizona.
Thursday, 7 March 2019
Article by Tamarack Advisors, courtesy of Accesswire
- The Cannabis industry is the new ''gold rush'', with the legal marijuana market estimated to grow to $146 billion by 2025. Marijuana stocks can offer great returns but can be highly unpredictable and risky.
- ''Pick & shovel'' plays are companies that provide essential goods and services to an industry without being direct participators, they offer an alternative way to participate in the financial returns of the growing cannabis industry.
- Odors from grow operations and production are bothering neighbors and creating serious problems in the form of local resident opposition, costly permit delays and rejections, fines, and lawsuits.
- The industry is struggling to control marijuana's strong odors with current technologies.
- BioLargo, an innovative technology and engineering company, has a new solution with its patented ''CupriDyne Clean'' currently killing hard-to-control odors at landfills and waste transfer stations.
The Cannabis Odor and VOC (Volatile Organic Compound) Problem
DENVER, CO / ACCESSWIRE / March 7, 2019 / Control of noxious VOC emissions is a critical and growing problem for the cannabis industry. Communities across the US and Canada are complaining to authorities about the rise of unpleasant odors coming from nearby cannabis production facilities, garnering a poor public image for growers and creating the potential for lawsuits, fines, and regulatory backlash. And lawsuits have been filed - a Colorado court decided that a family who complained about the ''noxious odors'' coming from a cannabis venture next door had sufficient grounds to argue the aroma had hurt their property values, and could therefore sue for triple damages under the federal racketeering laws used to target the Mafia. With cannabis now legal in ten states with more on the way, the odor and VOC issue is garnering significant negative public attention. It may well be one of the toughest problems threatening the industry.
As an article published in The Cannifornian puts it, ''Marijuana odors have triggered lawsuits against cannabis companies. They've also led residents to try to block commercial operations from coming to California, Colorado and the other states where recreational cannabis is legal. Denver has set odor standards for marijuana and many California cities and counties rely on repeated complaints as evidence of a problem. In Santa Barbara County, for example, if county authorities get three odor complaints from a business in a year, the company must take steps to fix the problem. And if the business doesn't stop the stench, the county may revoke local permits.''
With odor and VOC control identified as a leading problem, cannabis growers are starting to share ideas about their industry's odor problem. ''Probably the biggest hurdle now, for everybody involved, is knowing what's available as best practices and what's feasible,'' said Dana Pack with Fogco, an Arizona-based, industry-leading manufacturer of misting systems used to deploy odor and air quality control products in the cannabis industry. As optimal solutions to the odor and VOC problem are identified, this trend toward industry collaboration and sharing will likely accelerate their viral spread and adoption.
BioLargo's Solution - CupriDyne Clean
BioLargo, Inc., (OTCQB: BLGO) initially launched and proved its patented breakthrough odor and VOC control product, CupriDyne Clean, in the $75 billion waste handling industry. Unlike competing products, CupriDyne Clean does not simply attempt to mask, cover up or filter out odors and VOCs, but actually destroys (oxidizes) them. As a more effective and lower cost solution than competing odor control products, CupriDyne Clean has been a paradigm shift for odor control in the waste handling industry. BioLargo reports it has customers in the largest waste handling companies in the United States.
CupriDyne Clean's success in the waste industry has led to recognition and market pull-through in other industries, most recently the cannabis industry.
Company management discusses the move into the cannabis industry in a recent blog post: ''The company's success in the waste handling industry allows it to leverage its considerable expertise and proven product through strategic channel partnerships to rapidly capture a large share of the cannabis odor control market. We intend for CupriDyne Clean to quickly become part of the 'best practices' for mitigating cannabis-related odors and VOCs.''
BioLargo described its entry into the cannabis odor and VOC control market through key channel partnerships to market, sell, and distribute their product under a private label brand, rather than sell directly. In their blog, company management explains that this strategy will result in more rapid uptake of the product through these distributors, allowing the product to secure a dominant position in the growing market as quickly as possible.
Mr. Provenzano, President of BioLargo's subsidiary Odor-No-More was quoted, ''Within the Cannabis industry, we have identified a number of key relationships and are working to finalize agreements with equipment manufacturers, regulatory consultants, key opinion leaders, and marketing partners. Our value proposition is unmatched for odor and VOC control and this is another great example how our platform continues to expand in high value markets.''
'Pick & shovel' play for new Cannabis gold rush
A new gold rush is on, but this time it's green. Cannabis sales are exploding and there is a lot of money to be made. The key is to identify the winners out of the hundreds of investment options, and picking winners is not always easy. In the California gold rush, the large majority of miners never made any money and usually lost significant amounts due to travel, lodging and equipment expenses. The people who got rich much more consistently and safely were those who provided essential goods, services and products to the miners.
Levi Strauss, one of the most famous examples, made his fortune by supplying the gold miners with rugged clothing that was previously unavailable and stood up to the demands of a miner's hard life. Levi fulfilled an essential need of the growing market, and in doing so became extremely wealthy.
Money manager Ken Mahoney explains in this article why ''pick-and-shovel'' companies like BioLargo are the best way to take advantage of the opportunities that cannabis brings while avoiding the volatility and risk of cannabis stocks.
Companies affected by the problem
Many companies in the cannabis industry are affected by these issues and can benefit from BioLargo's patented solutions. Examples are companies like:
- Terra Tech Corp. (OTCQX: TRTC), a vertically integrated cannabis-focused agriculture company, founded in 2010 and headquartered in Irvine, California. The company's Herbs and Produce Products segment offers hydroponic herbs, produce, and floral products. And it's Cannabis Dispensary, Cultivation and Production segment operates medical marijuana retail and adult use dispensaries under the name Blüm, providing a selection of medical and adult use cannabis products.
- OrganiGram Holdings Inc. (OTCQX: OGRMF) through its subsidiaries, produces and sells dried cannabis and cannabis oil in Canada. It was founded in 2013 and is headquartered in Moncton, Canada. The company also offers wholesale shipping of cannabis plant cuttings, dried flowers, blends, pre-rolls, and cannabis oils to retailers and wholesalers.
Cannabis is a booming market with countless ways for an investor to participate and create value. However, many marijuana stock plays can be highly unpredictable and volatile. ''Pick and Shovel'' plays that focus on companies that provide essential solutions to serious problems in the booming market offer an excellent way to participate in the financial returns of the growing cannabis industry. One of the biggest problems requiring a solution in the cannabis industry is odor and VOC control.
BioLargo's CupriDyne Clean is well-positioned to be the best and most cost-efficient solution to the cannabis industry's odor and VOC problem. CupriDyne Clean offers a patented, environmentally friendly product platform with applications across multiple industries that deal with odors and VOCs, collectively representing a multi-billion-dollar odor and VOC control market. The product has already been proven effective in combating the difficult odors of the solid waste handling industry, where the product is being adopted by several of the largest waste handling companies in the United States.
BioLargo doesn't just develop odor and VOC control products, it also develops and owns patented platform technologies that provide safe, green, game-changing solutions for industries including healthcare, water treatment, and air quality. It offers multiple blockbuster products, including CupriDyne Clean, that are either currently commercially active or are nearing commercializations. As well, company financials are getting stronger - in Q3 2018, the company reported its nine-month revenue had increased almost 150% over 2017, and while its annual 10-K has not yet been filed, in a January stockholder letter it reported a preliminary revenue estimate that would be more than double its revenues in 2017.
Except for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Flathead Business Solutions LLC, which ownstamarackadvisorsinc.com, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. Flathead Business Solutions LLC may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. Flathead Business Solutions LLC may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as ''expects,'' ''will,'' ''anticipates,'' and ''estimates''; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief ''snapshot'' of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed withwww.otcmarkets.com; (c) for Canadian listed stocks: www.tsx.com and orwww.sedar.com (d) obtaining and reviewing publicly available information contained in commonly known search engines such as Google; and (e) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com. For full disclosure please visithttp://tamarackadvisorsinc.com/legal-disclaimer/.
SOURCE: Tamarack Advisors
Monday, 4 March 2019
BioLargo Spotlight: BioLargo Answering Call to Solve Odor and Air Quality Issues for Cannabis Industry
These days, there is one topic that seems nearly impossible to escape in business – cannabis. This is unsurprising if you consider the industry’s monumental growth since Colorado became the first state to legalize recreational marijuana in 2012. Nine other states have followed suit, and more are expected. Indeed, the global legal cannabis market is expected to grow to a whopping $146.4B in 2025 at an astounding 34.6% annual growth rate. Some call cannabis the 21st century’s gold rush.
With rapid growth comes growing pains. One serious challenge the cannabis industry faces is odor and air quality control. Cannabis producing and processing facilities emit strong, persistent odors. These odors are integral to, and the sign of, a good product. The irony, however, is that while the operators (and consumers) may love the smell of marijuana, neighbors and communities don’t.
Examples are already cropping up of communities rallying against local producers, creating poor public perception for the industry and likely leading to litigation and fines. Strong odor isn’t the only problem – the gasses released in cannabis growing and product producing operations are hazardous. The volatile organic compounds (VOCs) responsible for the cannabis smell, called terpenes, are also air pollutants known to contribute totropospheric ozone and smog. Cannabis producers are becoming under increasing pressure to implement sufficient air quality and odor control measures to mitigate these risks, especially given the sensitive political and social condition of the legal cannabis industry as a whole.
Cannabis producers are actively seeking the best available solutions to the problem. Given the value of cannabis operations and their exceedingly high profit margins, there is simply no room or need to cut corners with a solution to the odor problem. Among solutions providers, there is now a proverbial “land grab” to become the best solution for the industry’s odor and air quality management challenge.
CupriDyne Clean Positioned to be the Solution for this Industry
BioLargo’s CupriDyne Clean product has been proven effective in eliminating cannabis-related odors and VOCs. The company recently established its first strategic partnership with an air handling and air quality company with operations in both the United States and Canada, under a white label program (more details to come soon). Through this relationship, progress has already been rapid – 3 customers have already been secured and 5 commercial trials are underway in the cannabis industry.
Our market rollout strategy in the cannabis industry is drastically different than our approach for the solid waste handling industry. In that market, sales, marketing, and service package delivery were organized directly by our subsidiary Odor-No-More, allowing the company to create a great reputation for the product and the company. The company’s success in the waste handling industry allows it to leverage its considerable expertise and proven product through strategic channel partnerships to rapidly capture a large share of the cannabis odor control market. We intend for CupriDyne Clean to quickly become part of the “best practices” for mitigating cannabis-related odors and VOCs.
Odor-No-More President Joe Provenzano commented, “Within the Cannabis industry, we have identified a number of key relationships and are working to finalize agreements with equipment manufacturers, regulatory consultants, key opinion leaders, and marketing partners. Our value proposition is unmatched for odor and VOC control and this is another great example how our platform continues to expand in high value markets.”
About CupriDyne Clean Industrial Odor Control
BioLargo’s wholly owned subsidiary Odor-No-More launched its award-winning product CupriDyne Clean for odor and VOC control into the waste handling industry just a few years ago. CupriDyne Clean is safe, easy to use, and is a confirmed non-pesticide. Unlike its competitors, CupriDyne does not need fragrances or essential oils to do the job. Instead, it cost effectively eliminates odors and VOCs rather than masking them. The product is enjoying growing adoption through 4 national purchasing agreement with industry leaders in the waste handling industry, with one of the largest customers in the industry going live in the past two weeks. The company also offers a full service bundle in the waste industry including the CupriDyne Clean product, engineering design of misting/spraying systems, construction, installation, maintenance, and ongoing service. The company is now pursuing new markets for the product, including wastewater treatment, metal casting, and cannabis production.
What is a BioLargo Spotlight?
It’s an exciting time at BioLargo. We’re moving fast, and it can be difficult to keep our stockholders and the investing public informed of our progress. In light of this, we will be posting a series of short articles titled “BioLargo Spotlight”, highlighting certain business activities and other important information in between our required SEC filings. Of course, these do not replace our public filings, which contain more complete information than can be delivered in this forum, and thus we urge you to carefully read and rely on those filings for definitive information, and to review our risk factors and caution regarding forward-looking statements. We are optimistic about our business as we work hard to continue to grow and ultimately generate profits for our stockholders.
Our attorneys remind us that while we believe these developments are important and that these small victories could add up and lead to big victories, at this stage they do not rise to the level of an official material disclosure. As the size and magnitude of these developments become material, we will naturally report that information in an 8-K and our regular SEC filings.