Grafoid Appoints Norm Major, a Former Director of Engineering at Cisco Systems, as Chief Technology Officer

Grafoid Inc., a Canadian graphene R&D, investment and technology licensing company is pleased to announce the appointment of engineering executive Normand (Norm) Major as Chief Technology Officer of Grafoid and its related companies and subsidiaries. His appointment is effective April 17, 2017. Mr. Major, a former Director of Engineering at San Jose, California-based Cisco Systems …

Grafoid Inc., a Canadian graphene R&D, investment and technology licensing company is pleased to announce the appointment of engineering executive Normand (Norm) Major as Chief Technology Officer of Grafoid and its related companies and subsidiaries. His appointment is effective April 17, 2017.

Mr. Major, a former Director of Engineering at San Jose, California-based Cisco Systems Inc., has a significant history in both product development and business development. He replaces Dr. Gordon Chiu as CTO who has resigned to pursue other interests as Grafoid has transitioned from the research to the commercialization stage. Dr. Chiu remains a Co-Founder and a Director of the Company.

As an accomplished senior engineering executive, Mr. Major has extensive experience and, a proven track record of successfully delivering complex products developed by multi-disciplinary (small-to-large 250+) technology development teams in the United States and Canada.

He holds a Bachelor of Engineering Degree (Electrical Engineering) from McMaster University and completed graduate courses in electrical engineering at Stanford University. He is also of member of the Institute of Electrical and Electronics Engineers (IEEE), the world’s largest professional organization for the advancement of technology.

Grafoid President and Chief Executive Officer Gary Economo welcomed Mr. Major’s leadership participation in the Company’s broad commercialization efforts and its global marketing activities.

“Mr. Major’s diverse engineering management, proven team leadership and mentoring skills give impetus to Grafoid’s expansionary business goals as we continue to introduce new graphene products to the market.

“The leap to commercialization from R&D requires a mix of both product engineering and business development skills to succeed in the low carbon economy,” Mr. Economo said. “Mr. Major has a firm grasp of those next generational technology needs and we look forward to his future contributions.”

A self-described early stage technology investor, Mr. Major has served in an advisory capacity for a number of firms, most recently, the Security and Policy Institute at the University of Ottawa. He is also a former Chairman and a Director of MuAnalysis Inc., a Canadian provider of advanced high technology analytical services and now, a wholly owned subsidiary of Grafoid Inc.

Mr. Major’s executive management positions include:

VP Engineering, Teslonix Inc., a technology company with expert knowledge and a growing patent portfolio in the area of long-range energy transfer and 3D localization whose goal is to provide technologies that empower the Internet of Things (IoT) by building systems to better manage “things.”

CEO and Partner, Majorspeed Canada, Inc., providing senior executive management and technical leadership services to development teams.

Chief Technology Officer, Hotel Communication Network, management lead for software development team and defined next generation hardware.

Director Engineering at Cisco Systems Inc., holding a number of progressive management positions including: Director of Engineering Access for the Dial Platforms Business Unit; Senior Engineering Manager, and; Director of Engineering for the Core Business Unit.

Mr. Major was instrumental in Cisco’s product development successes, including: Cisco 1000 (access router), Cisco 7200 (mid-range router), Cisco 5800 (high density dial platform) and VoIP feature development on various Cisco platforms.

About Grafoid Inc.

Grafoid is focused on four areas of graphene-related technology development for industrial adoption. They are, graphene based materials for energy creation, storage and transmission; graphene based polymers; graphene coatings, and; ultra-thin graphene membranes for all industrial sectors.

Grafoid is a Canadian graphene R&D, investment and technology licencing company. The company provides expertise as well as product and processes for transformative, industrial-scale graphene applications in partnership with leading corporations and institutions around the world.

A privately held Canadian corporation, Grafoid invests in graphene applications and economically scalable production processes for graphene and graphene derivatives from raw, unprocessed graphite ore. Focus Graphite Inc. holds a significant interest in Grafoid Inc.

Incorporated in 2011, Grafoid’s global enterprise platform includes 17 subsidiary companies engaged in the development of Mesograf™ materials and products; GrafeneX ultra-thin graphene industrial coatings; its GPURE graphene platform of industrial membrane products, and; the provision of commercialization development services. They include, but are not limited to: Mesograf™-enhanced lithium batteries for electric vehicles, consumer electronics, and industrial energy storage; polymers, plastics, rubber, elastomers, and composite materials; fiber science including aluminum alloys; lubricants; fire retardant materials; thermal management solutions; EMI/RFI/EMP shielding; solar solutions, and analytical testing, and; laboratory services.

Grafoid’s research is supported through the Industrial Research Assistance Program (IRAP) of the National Research Council of Canada, and, on February 20, 2015, Grafoid received an $8.1 million investment from the SD Tech Fund™ of Sustainable Development Technology Canada (SDTC) to develop a technology that will automate Mesograf™ graphene production and end-product development. SDTC is mandated by the Government of Canada to support clean technology companies as they move their technologies to market.

For more information about Grafoid, please visit http://www.grafoid.com

Contact:
Grafoid Inc.
Gary Economo
President and CEO
geconomo@grafoid.com

Click here to connect with Grafoid Inc. to receive an Investor Presentation.

Source: globenewswire.com

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Catch up and get informed with this week's content highlights from Charlotte McLeod, our editorial director.

Top Stories This Week: Powell Gets Fed Nomination, Using Gold in a Market Correction youtu.be

We're back after a break last week with quite a bit to cover in the gold space.

After running up past the US$1,860 per ounce mark midway through November, the yellow metal has taken a tumble. At the time of this writing on Friday (November 26) afternoon, it was sitting just under US$1,790.

Gold's losses this week have been attributed to elements like a stronger US dollar and better Treasury yields, although Jerome Powell's US Federal Reserve chair renomination has pulled other factors into play — some market watchers believe he may move to taper and raise interest rates faster than anticipated.


If the Fed follows its previously laid out timeline for tapering, it will wrap up in mid-2022; the central bank has said it won't raise rates until after that. It has also emphasized that its roadmap may change if necessary.

Looking at the larger picture for gold, I heard recently from Nick Barisheff of BMG Group, who believes the stock market is due for a major correction.

"The market is due for a major correction. What will cause it and when it will happen is anybody's guess — it could be tomorrow, it could be six months from now" — Nick Barisheff, BMG Group

It's impossible to know when this correction will happen, but Nick emphasized the importance of acting before it's too late. He pointed out that investors are typically slow to get out of the market once a crash actually begins — they wait for a turnaround, and by the time it's clear there won't be one, they've experienced big losses.

In his opinion, the solution is to get out of the stock market early and transfer money into gold.

Here's how Nick explained it:

"Instead of taking your money off the table and going into cash … you go to gold (because cash is devaluing daily). Gold will at least hold its own and probably appreciate … so by sitting it out in gold you can wait until the market finishes correcting and then buy back in" — Nick Barisheff, BMG Group

With gold's future in mind, we asked our Twitter followers this week what price they think the metal will be at the end of 2021. By the time the poll closed, most respondents had voted for the US$1,800 to US$1,900 range.

We'll be asking another question on Twitter next week, so make sure to follow us @INN_Resource or follow me @Charlotte_McL to share your thoughts.

Finally, in the cannabis space, INN's Bryan Mc Govern spoke with Dan Ahrens of AdvisorShares to get his thoughts on 2021 trends and what's ahead in 2022.

Dan was candid, and said if he had to choose one word to describe the cannabis market in 2021, it would be "painful." Like many others, he's been disappointed in the industry's performance — while positivity initially ran high due to excitement about potential federal changes in the US, ultimately progress has been slow.

"Cannabis started with a big run-up in January and February ... and things dragged from there" — Dan Ahrens, AdvisorShares

Still, Dan has hope for 2022 and said it will be a "huge year" for cannabis. He believes US reforms will come sooner rather than later, and in his opinion those widely anticipated changes will bring a wave of M&A activity.

Specifically, he expects to see alcohol, tobacco and other consumer packaged goods companies making deals with cannabis players, not just cannabis entities doing transactions with each other.

"Those big alcohol companies, tobacco companies, other consumer packaged goods product companies — they're waiting. They're waiting on the US" — Dan Ahrens, AdvisorShares

Want more YouTube content? Check out our YouTube playlist At Home With INN, which features interviews with experts in the resource space. If there's someone you'd like to see us interview, please send an email to cmcleod@investingnews.com.

And don't forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

cannabis plant layered with German flag graphic
Dmytro Tyshchenko / Shutterstock

Catch up on some of the biggest news of the week for the cannabis investment world.

Three political parties have formed a coalition in Germany, leading to a new government, and it has promised cannabis reform in the European nation.

Meanwhile, a popular cannabis retailer confirmed consumers will now find its products available for delivery on the Uber Eats mobile application in Ontario.

Keep reading to find out more cannabis highlights from the past five days.


Coalition of parties promises forward-looking cannabis policy

Germany, a country with comprehensive and elaborate medicinal rules for cannabis, is in a time of transition as a new government is set to begin to take over after 16 years of Angela Merkel.

Olaf Scholz, the proposed next chancellor of Germany, leads a three party coalition that will become the country's governing body. As part of its promises, talk of adult-use cannabis regulation has now gained even more momentum. A report from MJBizDaily quotes a German policy document that shows the coalition's stance:

"We are introducing the controlled distribution of cannabis to adults for consumption purposes in licensed shops. This controls the quality, prevents the transfer of contaminated substances and guarantees the protection of minors."

However, despite the promise and excitement, it remains to be seen how these ideas will be applied since no formal regulations have been drafted or approved yet.

Canadian cannabis retailer partners with popular delivery app

Tokyo Smoke, a cannabis retail operator in Canada owned by Canopy Growth (NASDAQ:CGC,TSX:WEED), announced a collaboration agreement with Uber Canada (NYSE:UBER) whereby cannabis consumers will be able to use the Uber Eats app to order products before they visit stores.

While the app won't let consumers get cannabis delivered to them, this new method opens the doors to more dynamic ways of buying cannabis.

"As a market leader in innovation and a platform used by so many Canadians, we believe this is the ideal next offering that can be done safely and conveniently on the Uber Eats app," Mark Hillard, vice president of operations with Tokyo Smoke, said in a press release.

A report from the Canadian Press indicates Ontario is considering allowing dispensaries to have delivery and pickup options made available to consumers permanently. The province allowed some of these purchasing options at the outset of the COVID-19 pandemic, but then removed them.

Lola Kassim, general manager of Uber Eats Canada, said this new end-to-end experience will provide consumers with responsible access to legal cannabis products.

Cannabis company news

  • Organigram Holdings (NASDAQ:OGI,TSX:OGI) issued financial results for its Q4 2021 period. In its report, the company notes a net loss of C$26 million despite a 22 percent uptick in net revenue to C$24.9 million. Beena Goldenberg, the newly appointed CEO of the firm, is encouraged by the market share position earned by the company, which said it became the fourth biggest producer in Canada during the reporting period.
  • Halo Collective (NEO:HALO,OTCQB:HCANF) confirmed the decision for Akanda, its spinoff company focused on international cannabis opportunities, to begin trading on a US exchange. "The number of shares to be offered and the price range for the proposed offering have not yet been determined," the company told investors in a press release.
  • High Tide (NASDAQ:HITI,TSXV:HITI) announced the acquisition of 80 percent of NuLeaf Naturals, a CBD product wellness developer, for an estimated US$31.24 million. The deal includes a three year option clause for High Tide to complete a total acquisition. "As international markets open up and as export regulations evolve, NuLeaf's cGMP-certified facility positions us to take advantage of the global CBD business opportunity," Raj Grover, president and CEO of High Tide, said.
  • Humble & Fume (CSE:HMBL,OTC Pink:HUMBF) released the financial report for its first 2022 fiscal quarter to shareholders and the market. "As the legal cannabis market in North America continues to mature, Humble remains agile and focused on providing a leading solution for brands to scale quickly and retailers to focus on their customers," Joel Toguri, CEO of Humble, said.

Don't forget to follow us @INN_Cannabis for real-time updates!

Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.

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