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Since the May 2022 shareholder meeting, the Silo team has been working diligently to secure additional property partnerships in Jamaica to scale up retreats in order to reduce costs and to provide additional revenue through increased inventory. This strategy would provide the opportunity for the Company to negotiate longer-term staffing contracts at a lower price per retreat. In July, the Company successfully conducted a luxury retreat in Trelawny, Jamaica, with positive feedback from participants. The Company has also been working to best position itself for Oregon psilocybin by visiting rural retreat properties for potential purchase or joint venture and intends to purchase an urban retreat center.
Silo's Labor Day retreat (September 3-6) has lodging and meals starting at $240/night for dorm lodging to $499.99/night for single occupancy with a three-night minimum. Double occupancy is also available. More information can be found at www.SiloWellness.com/jamaica-microdosing.
Farm-/field-/sea-/bush-to-table traditional natural Jamaican cuisine is included. Locally sourced psilocybin mushroom microdosing capsules are available on site for a nominal cash purchase. Applicants receive a one-on-one meeting with our experienced client journey planning team and an evaluation for appropriateness for retreat, contraindications, etc. by our Ph.D. pharmacologist and co-inventor of the world's first psilocybin nasal spray. Qualified participants will also be provided with recommended reading materials, journaling prompts, videos regarding retreat location, logistics, and how to make the most of the process to help them put in the work to reset and reprogram their minds. Additional services can be found on the website, including transportation to retreat, additional add-on lodging before or after retreat, air conditioning, healthful smoothies and natural snacks, yoga, and food upgrade of menu choices (although this is discouraged as we recommend a full emersion into a new lifestyle closer to the land in an authentic local Jamaican fashion).
Spiritual Ecotourism and Psychedelic Retreats in Oregon and Jamaica
Silo Wellness sees nature immersion as essential for human growth. Human consciousness is the most complicated and impressive thing to evolve out of nature - more complicated and inexplicable than a black hole. Silo sees it as incumbent on individuals to explore consciousness while exploring nature to get that reset along with a new purpose-driven download to be the best version of themselves.
In 2022, Silo's Oregon nature-immersion psychedelic retreat was featured in Outside Magazine's article, "The Future of Nature Therapy is Psychedelic." Its colorful narrative begins with an emotional play-by-play account of a ketamine deep-dive trip report by a brave participant with PTSD from sexual assault and depression: "[She] sees the blue pool, shimmering like a winter oasis. It sparkles below a snowy trail and rocky gray cliffs, the iridescent turquoise water rippling under the rushing downpour of Tamolitch Falls…[Her] otherworldly trip didn't happen in the flesh. It took place in her mind, after she'd taken ketamine…"
Beyond what Silo's cliffside beachfront resort has to offer, participants will have optional microdosing nature excursions that can include a waterfall swim, harvesting supper at a permaculture jungle farm, a bamboo raft river float, Caribbean boat tour and island picnic, etc.
Jamaica Luxury Psychedelic Retreats vs. Psilocybin Microdosing Retreats
Silo's "luxury" retreats have been featured in Bloomberg, Fodor's Travel, The Evening Standard, Men's Health and The Washington Post, among others. However, Silo Wellness never intended to enter the luxury retreats space. "That wasn't my vision," continued Arnold. "Our mission is to put psychedelic healing into the hands of those suffering as quickly and inexpensively as possible. Nonetheless, the luxury model was necessary during COVID and has been very good to us and for our clients. However, it is not available to everyone due to the price point, which is a shame and also contrary to our mission."
"The vision at our Go Natural Jamaica microdosing resort is to offer a lower price point with a seafront 'luxury view' but with more rustic accommodations," Arnold continued. "We can significantly lower the cost by making air conditioning optional, for example, or provide a dorm room with bunk beds right alongside a luxury villa on the same site. I myself prefer to suffer in nature while primitive camping, rafting, or waterfall exploring with or without psychedelics. I don't want to hear the buzz of the A/C at night. I want to hear the buzz of consciousness to the soundtrack of nature. I want to hear a tropical storm. I want to hear the whistling Jamaican tree frogs. I want to sleep under the stars while microdosing. And I want Silo's clients to enjoy this God-given luxury that experienced psychedelic users can do on their own, but in the safety and comfort of secure accommodations under the cover our of risk mitigation protocols."
One of Silo Wellness's most valuable assets is its data. From what the Company has learned from thousands of client inquiries and consumer comments on retreats is that not everyone is looking for the 'deep dive' or to treat mental illnesses. Many want to self-titrate on to mushrooms through serial microdosing. "Our Silonauts often want to be at a rustic seaside resort looking at shooting stars on a gram of mushrooms," stated Arnold. "Or they want to go for a snorkel on a 0.1 gram microdose. They crave an increased connection to nature."
Heather Lee gave a passionate and impactful personal story of psilocybin and how she came to terms with her recent breast cancer diagnosis. Ms. Gandhi gave a personal anecdote of how psilocybin can assist with adult ADHD and anxiety symptoms. Frank Cartwright referenced his own personal transformation through psilocybin and how it had changed his business practice to focus on societal impact and mental health. He reiterated the importance of Silo's current retreat protocols creating a safe, sustainable and accessible container for seekers of this medicine.
Mr. Arnold explained in his statement that the typical retreat has about as much community impact as a group of yoga practitioners. He concluded his written comments with this testimonial from Christopher, a Silo Wellness Jamaican psilocybin retreat participant: "These experiences and interactions have set me on a new trajectory in life. I know my place in this universe, and I owe it to every single person who made it happen."
The presentations to the Board were educational and impactful. Dr. Siegel explained that psilocybin is not physically addictive and has little risk of toxicity. He stated that caffeine is an order of magnitude of 10 more toxic than psilocybin, and alcohol is 100 times more toxic than psilocybin. Dr. Bhatt and Josh Wilson both discussed their experiences interacting with Silo Wellness psilocybin retreat participants and how lives are changed positively. Mr. Biniowsky commented on how he started off as a skeptic seeing "magic mushrooms" as a recreational drug but has been blown away by the scientific research and from what he has seen in his role as an advisor to Silo's retreat team, focusing on regulatory compliance and best practices.
Silo Wellness organized seven additional experts and advocates in the psychedelic space including: Dr. Joshua Siegel, M.D., Ph.D, of Washington University's Program in Psychedelic Research in St. Louis, Missouri; Dr. Parag Bhatt, Ph.D., of St. Louis, pharmacologist and Silo Wellness's retreat intake coordinator; Josh Wilson of St. Joseph, Missouri, Silo's retreat customer success manager; Frank Cartwright, of London, U.K., impact investment manager and mental health advocate; Greg Biniowsky, a Vancouver, British Columbia lawyer and a Silo independent board member and audit committee member; Heather Lee of Colorado, a licensed social worker (Colorado/Oregon) and psychedelic practitioner with emphasis in cancer/end-of-life issues; and Nimi Gandhi, of Miami, Florida, marketing/creative specialist and ADHD/anxiety psilocybin success story.
Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFD) (FSE: 3K70) ("Silo Wellness" or the "Company"), a leading global psychedelics company, is pleased to announce that the Silo Wellness team coordinated the presentations of eight speakers in support of psilocybin use under Ballot Measure 109 in Lane County, Oregon, (Oregon's largest county by population outside the Portland metro area) at Tuesday's public board of commissioners meeting.
"It is important that Silo Wellness help support the education of local governments and law enforcement, as we are the only Oregon-based publicly traded psychedelics company and the only Oregon-based company with experience providing legal psilocybin use [in Jamaica] through our psychedelic wellness retreats," stated Silo Wellness founder, a Lane County, Oregon, resident since 1998. "We want to prevent any misinformation comparing the roll out of this service-based wellness industry to any perceived mishaps from Oregon's experience in the cannabis space, particularly regarding diversion and impact on neighbors." In written testimony provided to the Board, Mr. Arnold explained that currently Silo Wellness is in advanced negotiations with property owners outside of unincorporated Lane County and didn't technically "have a dog in this fight" at this time.
On Monday, the Lane County Board of Commissioners placed on Tuesday's agenda potential actions on Ballot Measure 109, including the possibility of referring an "optout" ballot measure to the voters, who already voted 60% in favor of Oregon's regulated psilocybin program in 2020. After the Silo team's public comment, Springfield commissioner Joe Berney stated, "I was really persuaded by the testimony this morning from public comment. I was persuaded by compassionate use that this is therapy, and the regulatory framework is being developed." He went on to explain that he was on the side of "'doing nothing [to prevent implementation of BM109] as the voters of Lane County requested." Thereafter, the commissioners unanimously declined to refer this issue to a vote and instead requested that staff provide a report on potential time, manner, and use restrictions.
In March 2021, Silo Wellness announced a multi-year licensing agreement with the family of legendary musician Bob Marley for the exclusive worldwide rights to brand, market and sell a distinct product line of functional and psychedelic mushrooms. The Marley One line of functional mushrooms is available at www.MarleyOne.com.
For more information about Silo Wellness, please visit www.silowellness.com
Silo Wellness is a growth-oriented holding company focused on functional mushroom and psychedelic opportunities that benefit from a unified ecosystem and exceptional leadership. Founded in 2018 and headquartered in Toronto, Silo Wellness has operations in Jamaica and Oregon. Silo Wellness is a publicly-traded company on the Canadian (CSE: SILO) and Frankfurt (FSE: CK70) exchanges and trading on the OTCQB Venture Market (OTCQB: SILFF).
Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K70) ("Silo Wellness" or the "Company"), a leading global psychedelics company, is pleased to announce that it has entered into a subscription agreement (the "Subscription Agreement") with respect to a strategic investment (the "Transaction") with Orthogonal Thinker, Inc. ("Orthogonal Thinker") an arm's length third-party investor, pursuant to which the Company will issue 12,555,180 units of the Company (the "Units") for aggregate gross proceeds to the Company of US$495,000. Each Unit will consist of one common share of the Company ("Common Share") and one Common Share purchase warrant (each, a "Warrant") exercisable for one Common Share at a price per Common Share of C$0.05 for a period of two years after the date of issue. Within 180 days of closing of the Transaction ("Closing"), Orthogonal Thinker will purchase additional Units (or convertible debt) for aggregate gross proceeds of US$505,000 based on the prevailing market price of the Common Shares.
At Closing, it is anticipated that David Nikzad and Jason Hobson of Orthogonal Thinker will join the board of directors of the Company (the "Board"). Additionally, Mr. Nikzad will be appointed Co-Chief Executive Officer and Mr. Hobson will be appointed Chief Operating Officer of the Company.
Douglas K. Gordon, Chief Executive Officer of Silo Wellness, said, "We are very excited to ally Silo Wellness with Orthogonal Thinker. David Nikzad and his team at Orthogonal Thinker have done amazing things and we welcome their strategic advice and industry-leading vision."
David Nikzad, cofounder and Chief Executive Officer of Orthogonal Thinker, said, "We chose to invest in Silo Wellness because of its firm commitment to helping people in need with psychedelics through retreats in Jamaica and the Bob Marley brand partnership. We look forward to advising Silo Wellness on how to best grow Marley One and psychedelic retreats."
Cheap down here low OS no sellers, hopefully itll pick up soon, great story
Im getting the word out on socials now
Sup guys, yeah slow smh but we need to get the word out
See you guys during market hours peaceeeeeeee
Im out ive been doing my DD nothing to complain about here
Lets see how thin Its trading this week
Big brands like Walmart, Target, Walgreens, and CVS are spending billions of dollars each year attempting to reach you with their marketing messages by any means possible–And INEO Tech Corp. (OTC: INEOF) (TSX: INEO) has come up with an ingenious way to display relevant ads for you and other customers as they tap into the massive $189 Billion per year Digital Advertising space.
Nice video
Kyle Hall is CEO of INEO and serves on its board of directors.
Kyle has been with INEO since 2016 and was formerly the CEO of PNI Digital Media (“PNI”), a Toronto Stock Exchange listed company providing eCommerce and photo kiosk services to some of the largest retailers in the world, including companies such as Walmart, Costco, CVS, Sam's Club, Rite Aid, Walgreens, Tesco and Office Depot.
Under Kyle’s leadership PNI was ranked for multiple years as one of Canada's fastest growing companies (5th fastest in 2009 as ranked in Profit magazine) as well as being one of the fastest growing tech companies in North America (82nd fastest in 2009 as ranked by Deloitte). PNI was also named one of the Top 100 Companies to Work for in Canada in 2014 by the Globe and Mail.
PNI was the number one performing stock on the TSX in the latter half of 2013 leading to Kyle successfully negotiating the sale of PNI to Staples, Inc. in early 2014 for $75 million. Kyle spent two years as an executive at Staples, Inc. before leaving to join INEO.
Prior to PNI, Kyle built a career in Business Development and Sales & Marketing for international tech companies including Corel Corporation, MGI Software and Telepix Imaging. Kyle is also a former professional athlete having played football in the CFL for the Winnipeg Blue Bombers and Ottawa Rough Riders.
Kyle earned a Bachelor of Science degree from Western University in London, Ontario.
But when it comes to ad platforms, Google and similar companies are obviously no longer the sole players. Consumers are now using e-retailers' search engines to do direct product searches. The brand or product sites hosted by the e-retailer receive direct traffic from these alluring advertising areas. In this way as well, the pandemic's impact on consumers' purchasing and consumption patterns has had a substantial impact on marketing efforts.
The biggest growth over the previous year were in video and social media. The IAB Internet Advertising Revenue Report estimates that by 2020, social media advertising revenues would total 41.5 billion US dollars. Social media now represents nearly 30 percent of all internet advertising income, up 16.3 percent from the previous year. This is also a result of the developing online shopping industry, which will go on to enhance advertising revenues and probably increase social media's market share.
Digital video segment revenues also increased quickly. Over 20% more people watched video advertising on computers and mobile devices last year. Since 2019, the entire amount of advertising revenue from digital videos has climbed by 4.5 billion to 26.2 billion US dollars. Mobile continues to increase and now represents 70% of digital video revenue.
Future advertising forms that will gain popularity steadily include addressable TV, digital audio, digital out-of-home, and digital in-store. The ever-expanding selection of ATV and podcasts is changing how people consume media, which is changing how advertisements are presented. In 2020, audio advertising revenue increased by 3.1 billion US dollars, or approximately 400 million US dollars. The majority of that was produced by mobile device placements.
The majority of the agencies who participated in the BVDW poll believe that these formats could expand during the course of the following five years.
The pandemic transition media and retail media to the Internet. The industries that have benefited are tourism, food, cosmetics, and office and computer equipment. As e-commerce sales increase, more advertising funds are being given to digital advertising.
To the circumstances created by the unique circumstance, purchasing behavior has quickly changed. For many of us, shopping online during lockdown has reshaped our shopping habits. The success of Zoom and video conferencing served as evidence that business could be conducted remotely.
Many forms of digital advertising has led to revenue growth in recent years. This includes things such as search, social media, content, video, and audio ads.
Data illustrates that there has been an increasing trend that is likely to continue throughout 2022. The U.S. sector, has already been expanding continuously since 2019 and represents over half of the total worldwide market's advertising sales, is predicted to climb by 13%. With 11%, China comes in second. Global digital advertising revenues are expected to increase from 463.8 billion US dollars in 2021 and predicted to become greater than 633 billion US dollars in 2025.
Take a look at this https://www.ineosolutionsinc.com/welcoming-system
INEO continues to make significant progress by executing on its direct sales pipeline. The Company has expanded its footprint with a major retail client and is starting the next phase of its roll-out by deploying the INEO Welcoming System into large groups of stores in concentrated geographic regions. Combined with another retailer, which is just starting to deploy, INEO Welcoming Systems will be installed in over 30 locations within the next few weeks. The Company is well positioned to deploy more than 1,000 retail locations in the United States under the terms of its signed agreements.
INEO's sales efforts with distribution partner Prosegur has resulted in commitments for pilot store installations with several large retailers representing over 8,000 store locations across the United States.
INEO's direct sales efforts have resulted in expanding its footprint with large US retailers and leading Canadian retailers, which combined represent over 1,500 store locations.
Frank Halbach, Managing Director of Media for INEO commented, "We were looking for a national partner, based in Toronto, the media center of Canada, and are thrilled to have formed this relationship with Adapt. We are excited to be working with Adapt as INEO grows its Retail Media Network of in-store digital signage."
The INEO Retail Media Network reaches over 2.4 million motivated shoppers each month with highly visible digital display screens at the entrance of retail stores. INEO's intelligent demographic and analytics data enables unprecedented visibility and targeting for location-based advertising by brands and advertisers.
"Partnering with Adapt Media is a major advancement for INEO's advertising pipeline due to Adapt's presence in the Toronto area and their strong national footprint," commented Kyle Hall, CEO of INEO. "With their help in marketing our ad inventory, INEO will gain access to increased national advertising campaigns and a broader range of potential customers. Additionally, Adapt's expertise and reach will enhance our retailer acquisition efforts by bringing another credible partner to the table to drive the advertising revenue for INEO and our retail customers operating within our advertising supported model."
"Adapt Media is an agile place-based Out-of-Home provider specializing in the delivery of unique advertising locations and experiences," said Amanda Newell, Adapt's Chief Revenue Officer. "Given Canadian advertisers' increased reliance on retail media to target shoppers at the exact moment of purchase, we are delighted to ally ourselves with INEO's robust Retail Media Network, patented technology and incomparable data. INEO's AI-fueled DOOH will allow our national advertisers to truly monetize eyeballs by both capturing shopper attention with eye-grabbing offers and netting consumer demographic data to allow for current and future tracking on their path to purchase. Our INEO partnership is the ideal next step in Adapt's continuing goal to offer national advertisers optimum DOOH placement, measurement, and accountability, and we can't wait to showcase INEO's magnificent offering to brands and advertising agencies across Canada."
INEO Tech Corp. (TSX-V: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), the innovative developer and operator of the INEO Media Network, a digital advertising and analytics solution for retailers, is pleased to announce a partnership with Adapt Media ("Adapt") to market INEO's Digital-Out-Of-Home (DOOH) advertising inventory to Adapt's advertising clients. Based in Toronto, Adapt has been successfully operating Out-Of-Home (OOH) advertising networks on a national level for 24 years and is a leader in technology enabled advertising campaigns, providing street level and in-store advertising in over 1,000 cities and towns across Canada.
INEO filed its first patent on July 11, 2016, with the Canadian Intellectual Patent Office, resulting in INEO being granted Canadian patent 2,936,044, on January 15, 2018. At that time the Company also filed the subject matter under the Patent Cooperation Treaty (PCT), which has now led to the granting of corresponding claims in additional treaty countries. The United States Patent and Trademark Office granted patent 10,614,691 on April 7, 2020. The European Patent Organization granted this most recent patent after a substantive examination of the patent application. The term on the patent runs until to July 10, 2036. The Company has also recently filed two further patent applications for additional protection of its unique intellectual property and expects to be granted these patents in due course.
The European Patent Office's mission is to grant European patents in accordance with the European Patent Convention. The EPO currently has 38 member states, comprising all the member states of the European Union plus other countries including the United Kingdom, Norway, Switzerland and Turkey.
INEO's patented technology combines a traditional Electronic Article Surveillance (EAS) system with a digital media display in one integrated device. EAS systems are theft prevention devices which are typically found at the entrance or exit of a retail store and transmit a radio frequency (RF) signal which detects tags and labels on products. The combination of a media display and EAS system is a non-trivial and unique invention due to the complexity in designing and housing a RF security tag system in close proximity to a media display screen without degradation of the required RF signal. This patented technology drives INEO's business model of integrating retail digital signage with retail media networks to generate SaaS (Software-as-a-Service) based revenue.
"Receiving this patent in Europe is a significant milestone for INEO as we continue to expand our reach into new global markets," said Greg Watkin, Chairman and President of INEO. "We know larger industry players are very interested in our technology and this patent gives significant protection against any of our competitors coming out with similar technology in the European market. This patent along with our corresponding patents in Canada and the United States protects INEO from competition with the larger EAS companies as we go after their customer base."
INEO has been granted a patent from the European Patent Office ("EPO") for European Patent 3482377, entitled "COMBINATION MEDIA DISPLAY AND ELECTRONIC ARTICLE SURVEILLANCE PEDESTAL". This patent prevents any other Electronic Article Surveillance (EAS) provider from selling an EAS system which contains a digital screen, leaving the INEO Welcoming System as the only system on the market which can combine advertising and loss prevention in one form factor.
INEO's core technology is now protected by patents in multiple jurisdictions giving it an additional layer of security and protection as the company proceeds with its rapid expansion across the globe.
Kyle Hall, CEO of INEO, commented, "Teaming with Broadsign allows us to make our inventory more accessible to advertisers looking to reach consumers at the last mile. We're thrilled about the new revenue potential this partnership provides and look forward to continuing to grow the INEO Media Network and increasing our advertising fill rates."
"Connecting with consumers in-store can influence purchasing decisions and help grow brand loyalty when the right messages are put forth. INEO's network is highly desirable to advertisers as interest in reaching retail audiences at the point of purchase continues to grow, and we're excited to onboard this inventory to Reach to benefit media buyers," shared Broadsign Sales Director Karim Kanji.
This new programmatic advertising partnership with Broadsign solidifies INEO's position as a solutions provider in the DOOH advertising market focused on the retail segment. INEO's advertising platform partnerships give the Company access to a broad group of brands and marketers, who can purchase INEO's unique advertising inventory.
The company recently announced a programmatic partnership with Broadsign, a leading platform provider for digital-out-of-home (DOOH) programmatic advertising. With this agreement, advertisers and media buying agencies who utilize Broadsign's Reach platform will gain access and be able to purchase ad space on INEO's Media Network of display screens located at the front entrance of retail stores.
INEO's advertising fill rates have increased tremendously on the INEO Media Network. INEO has had over 30 brands or advertisers who have utilized the power of the INEO Media Network and INEO recently launched its largest advertising campaign to date. Brands are choosing to add the INEO Media Network to their advertising mix, due to the company's unique ability to give advertisers access to retail customer across both online and in-store channels. INEO is continuing to capitalize on this opportunity and as the Company expands the footprint of the retail Media Network, INEO is expecting to generate increasing revenues throughout the second half of 2022.