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With Milei's Economic Reforms, Gaucho Holdings Eyes Growth In Argentina's Markets

Benzinga

By Anthony Termini, Benzinga In December 2023, Argentina elected Javier Milei to the presidency after he pledged fiscal balance, zero budget deficits, and pro-market reforms. Almost a year into his term, the impact is starting to become evident. The World Bank says his policies will likely bring in some “$10 billion in net international reserves by the end of 2024.” Investors have taken notice. The Global X MSCI Argentina ETF (ARCA: ARGT) is up about 44% since Milei took office. Milei’s policies have helped to make him quite popular, and executives at Gaucho Group Holdings, Inc. (NASDAQ: VINO) believe all of this could increase opportunities for investors seeking to participate in the country’s expected growth. Gaucho Group Holdings Expanding In Argentina Gaucho Holdings is a diversified real estate and luxury brand holding company with assets in hospitality, wine making and fashion. The company also operates a growing collection of e-commerce platforms focused on fine wines, luxury real estate and leather goods and accessories. In May, Gaucho Holdings announced a new mortgage lending division intended to serve as the company’s self-financing option for buyers of its luxury vineyard real estate project, Algodon Wine Estates. Gaucho Holdings says it plans to expand the unit beyond its own properties in a move targeted to benefit from the Argentine government’s recent tax amnesty program. The program seeks to repatriate some $204 billion in untaxed wealth held by Argentinians outside the country. The company believes the tax amnesty measures could create an improved investment environment and a revival in mortgage lending. It says it believes the move could invite heightened confidence among Argentine citizens and the global investment community. The company argues that the Argentine real estate market is “now more promising than ever, as real estate values across the country reflect growing stability and demand.” Argentina’s Economic Landscape Is Evolving For many analysts, Argentina appears to be entering a new era of optimism. In his 2025 draft budget proposal, Milei estimates that his administration’s economic reforms will expand the economy by 5% in 2025. Banco Bilbao Vizcaya Argentaria (BBVA) (NYSE: BBVA) expects a 6% rebound in 2025. BBVA also expects the country’s GDP to grow by 4.5% in 2026 and to see inflation decline by nearly 38%. Since Milei became president, monthly inflation has dropped rapidly and recently hit a 31-month low, Gaucho Holdings reports. According to Doug Casey, a leading advisor to Gaucho Holdings, “If Milei’s reforms stick, within a decade, Argentina could become the most prosperous country in the world.” He attributes this to what he says is Argentina’s potential for substantial economic renewal, which he says has set the foundation for long-term growth and increasing the appeal for business travel and investment. In October, the World Bank announced over $2 billion in new loans to Argentina. About the same time, Argentina’s Central Bank said that it was working with banks and credit card companies to enable debit cards denominated in U.S. dollars. The move is part of the government’s push to adopt the U.S. dollar as Argentina’s official currency. Also in October, the Inter-American Development Bank (IDB) announced that it would grant $3.8 billion in aid to the country to be used for both public and private sector projects. Ilan Goldfajn, president of the IDB said that Milei’s reforms had “achieved remarkable progress in restoring much needed fiscal balance” to Argentina’s economy. Milei announced the country’s first quarterly budget surplus in 16 years in April. The changing economic landscape has prompted Argentina’s leading private bank, Grupo Financiero Galicia, to foresee a surge in lending. It expects new business and consumer loans to make up 40% of its total assets by the end of this year. Economic Reforms May Benefit Gaucho Holdings One possible sign that President Milei’s reforms are reshaping Argentina’s economy is that rental supply in Buenos Aires has surged since deregulation. And Gaucho Holdings says the promising signs of sustainable growth like this align with its strategic vision. The company believes such reforms may help reinforce its position across luxury real estate, hospitality, and fashion markets – each of which it expects to benefit from what it calls Argentina’s economic revival. Gaucho Holdings says that it is establishing itself as the “premier vehicle for investment in Argentina.” The company’s recent announcement said it is creating “a distinctive gateway for global investors who seek to participate in and benefit from Argentina's economic resurgence.” The company notes that its assets are strategically aligned with the country's “advancing market dynamics.” For Gaucho Holdings, capital infusions from the World Bank and the IDB enhance Argentina’s investment landscape and support the company’s growth initiatives in real estate, wine and luxury markets. It notes that stability attracts global interest. The company also says that deregulated markets enhance investment opportunities, and that the latest reforms facilitate smoother transactions and “enhance investor confidence.” The revival in consumer credit and home financing strengthens the market outlook, which could support Gaucho Holdings’ initiatives in real estate and position it to benefit from Argentina’s strengthened economic landscape, the company argues. It points out that real estate values in Argentina’s prime wine regions continue to offer substantial discounts per square foot compared to the world’s leading wine centers. Gaucho Holdings believes this presents an “unmatched opportunity” for growth. To align its commitment to promote Argentina’s growth and to connect with international investors, Gaucho Holdings recently hosted an exclusive wine tasting event in partnership with the Argentine Consulate in New York City. The event featured the latest releases of Malbec varietals from Algodon Fine Wines and was a platform for discussions about Argentina’s economic potential and the avenues for growth that international investment can support. Featured photo of Algodon Wine Estates in San Rafael, Mendoza, Argentina, courtesy of Gaucho Group Holdings, Inc. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 05, 2024 08:35 AM Eastern Standard Time

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San Diego Foundation Launches National Rainbow College Fund in California

National Rainbow College Fund

Today, San Diego Foundation (SDF) launched the National Rainbow College Fund (NRCF) in California, the first scholarship designed to exclusively support LGBTQ+ students pursuing their ambitions for higher education regardless of the public nature of their sexual and gender identity. The National Rainbow College Fund is powered by San Diego Foundation, one of the largest community foundations in the U.S. and the largest provider of scholarships of any community foundation in California. The mission of the National Rainbow College Fund is to lessen the financial burden for young people who identify as LGBTQ+ or who are grappling with the secrecy of remaining in the closet. The groundbreaking fund addresses the unique challenges LGBTQ+ students face such as social acceptance, mental health issues and family rejection that can hinder their ability to afford college that in turn impacts long-term economic earning power. “Speaking from personal experience, I know that many young people struggle with the fear of being outed or coming out. It can be overwhelming. Like many young people, I did everything possible to hide who I was because I feared being kicked out of my home and my family, as well as being cut off financially and emotionally,” said Mark Stuart, President and CEO of San Diego Foundation. “Every LGBTQ+ person should have the means to realize their educational dreams, regardless of the public nature of their sexual and gender identity.” The $2,500 award per selected student may be used for tuition, books, fees, room and board and other educational expenses. It does not need to be repaid. The application period is from January 15, 2025 – March 5, 2025. San Diego Foundation will make students’ privacy the highest priority during the application process. All information submitted to the application portal will be confidential. Setting the precedent in California, San Diego Foundation’s vision is for the fund to grow to be a national source of financial aid for LGBTQ+ students to attend the technical school, college or university of their choosing. To apply, a student who identifies as LGBTQ+ whether publicly or privately must be a high school senior; an incoming or current college or university student; or an adult re-entry student. Applicants need to have lived in California for at least one year and must demonstrate financial need by completing the Free Application for Federal Student Aid (FAFSA), the California DREAM Act Application or the Federal Student Aid Estimator Tool. Students must plan to enroll in at least 6 units in an accredited public or nonprofit community college; four-year university or trade/vocational school anywhere within the United States. For more details about eligibility and selection criteria, please visit rainbowcollegefund.org/scholarship-program/. The need for this scholarship is well-documented. According to a survey conducted by Student Loan Hero, LGBTQ+ students face significant barriers in paying for their education. Families may not financially support their children, leading LGBTQ+ students to turn to loans to finance their schooling. LGBTQ+ borrowers had a higher debt burden on average, with $16,000 more than their cisgender/heterosexual peers: 60% of LGBTQ+ student loan borrowers regret taking out student loans; 28% feel that they can’t manage their student loan payments and more than 53% reported earning less than $50,000 per year. For every $1,000 scholarship a student receives, they are 5% more likely to complete their education. Privacy remains a major concern. A 2022 study from the Williams Institute found that LGBTQ+ students are four times more likely than non-LGBTQ+ students to choose college in a state with a more welcoming climate and to live away from family; 60% of white LGBTQ+ students are not out to staff/faculty and less than 40% of LGBTQ+ students of color are out to staff/faculty. Community colleges have even higher rates of keeping sexual identity private: more than 70% white LGBTQ+ students and 65% LGBTQ+ students of color are not out. LGBTQ+ rights have been under increased attack in general, but also transgender and gender diverse communities in particular. This political landscape is the backdrop by which teenagers are navigating their identities while emerging into adulthood. The Centers for Disease Control and Prevention published a study documenting that approximately 3.3% of high school students identify as transgender and another 2.2% are questioning their gender identity. Transgender and gender-questioning teenagers reported alarmingly higher rates of bullying at school, persistent sadness and suicidal thoughts and behavior. About one in four transgender students said they had attempted suicide in the past year, compared with 11% of cisgender girls and 5% of cisgender boys. * * * About National Rainbow College Fund National Rainbow College Fund (NRCF) is the first scholarship designed to exclusively support LGBTQ+ students pursuing their ambitions for higher education regardless of the public nature of the student’s sexual and gender identity. The groundbreaking fund addresses the unique challenges LGBTQ+ students face such as social acceptance, mental health issues and family rejection that can hinder their ability to afford college that in turn impacts long-term economic earning power. Setting the precedent in California, San Diego Foundation’s vision is for the fund to grow to be a national source of financial aid for LGBTQ+ students to attend the technical school, college or university of their choosing. Learn more at RainbowCollegeFund.org. Follow NRCF on social media: Instagram: @RainbowCollegeFund, Facebook: Rainbow College Fund, X (formerly Twitter): @RainbowColFund, LinkedIn: Rainbow-College-Fund About San Diego Foundation For nearly 50 years, San Diego Foundation has been inspiring enduring philanthropy and enabling community solutions to improve the quality of life in our region. Our strategic priorities include advancing racial and social justice, fostering equity of opportunity, building resilient communities, and delivering world-class philanthropy to realize our vision of just, equitable and resilient communities. Since our founding in 1975, SDF and our donors have granted $2 billion to support nonprofit organizations strengthening our community. Join us in commemorating 50 years of impact – and looking toward the next 50. Learn more at SDFoundation.org. Contact Details Landis Communications Inc. Cheryl Reiss +1 415-640-5431 NRCF@landispr.com Company Website https://rainbowcollegefund.org/

October 31, 2024 09:00 AM Pacific Daylight Time

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Intus Care to Host Virtual Roundtable on “PACE & The Future of Healthcare Data Interoperability”

Intus Care

Intus Care, a technology leader in the PACE market, will host a virtual conversation on “PACE and the Future of Healthcare Data Interoperability” with prominent guests within healthcare and the PACE (Programs of All-Inclusive Care for the Elderly) community. Intus Care Cofounder and CEO Robbie Felton will moderate a discussion among Shawn Bloom, CEO and president of the National PACE Association (NPA); Dr. David Feinberg, Chairman of Oracle Health (formerly CEO of Cerner); and Stephanie Rock, Vice President of Product at Intus Care. The discussion will center around healthcare system interoperability, the importance of interoperability, and the current interoperability challenges that remain. In particular, the conversation will focus around: What can the PACE community learn from modern interoperability standards by the broader value-based care community? Why does PACE need an interoperable and modular technology strategy as the model expands? The hour virtual roundtable is scheduled for Thursday, November 14 at 1 p.m. ET. Anyone interested in interoperability, healthcare, and PACE is invited to listen to the discussion. Registration is open now. PACE is a “comprehensive, fully integrated, provider-based health plan for the frailest and costliest members of our society – those who require a nursing home level of care,” according to the National PACE Association. The goal, however, is to provide care that allows those enrolled to continue living at home and in their communities. Nationally, 95% of participants continue to live at home. The model is now considered the gold standard for seniors with complex care needs. According to the NPA, there are currently 178 PACE programs serving more than 78,500 participants in 33 states and the District of Columbia. As the U.S. population ages – adults 65 years or older will increase 30%, from 63 million to 82 million, accounting for nearly one-quarter of the U.S. population by 2050 – the need for PACE to expand will only increase. To scale effectively, PACE organizations need technology that meets their needs, including a unified documentation system that integrates and shares data securely and seamlessly. "The future of interoperability in PACE lies in seamless data sharing across care teams, empowering providers to deliver truly coordinated, patient-centered care," said Felton. "While progress has been made, there are still regulatory and technological hurdles for this to be truly realized for PACE organizations, but its realization will unlock unprecedented value and transform how we care for our aging population. I look forward to unpacking this with our esteemed guests for the virtual fireside chat." Registration for the virtual roundtable is open now. A recording will be available following the event for individuals unable to attend live. About Intus Care Intus Care creates technology and services for PACE and value-based care organizations to achieve operational efficiency and better clinical and financial outcomes. Intus Care currently works with over 60 PACE programs across 16 states. Visit our website to learn more at intuscare.com. Contact Details SVM Public Relations +1 401-490-9700 intuscare@svmpr.com Company Website https://www.intuscare.com/

October 31, 2024 10:00 AM Eastern Daylight Time

Global MMA Superstar Conor McGregor Set To Drive Alta Global Group Growth After Ambassador Deal

RazorPitch MMA

Alta Global Group (NYSE:MMA), the premiere tech company on a mission to convert 640 million loyal combat sports fans to participants, has been gaining widespread attention from investors as it appears well positioned for major growth. In what is yet another critical milestone for the company, Alta Global Group (NYSE American: MMA) announced a new brand ambassadorship deal with Conor McGregor, the iconic former UFC superstar. This new deal incentivizes McGregor to assist Alta in any way possible and will potentially see him increase his stake in the company since he will get additional bonus shares as MMA’s stock price moves higher all the way to $20 per share. McGregor, who is known for his unparalleled reach and influence, boasting over 70 million followers across X (formerly Twitter), Instagram, and Facebook, will leverage his extensive fan base to promote Alta's innovative products and programs. As a former UFC Featherweight and Lightweight Champion, the first to hold titles in two weight classes simultaneously, and a former Cage Warriors Featherweight and Lightweight Champion, McGregor's achievements have cemented his status as the biggest pay-per-view draw in MMA history. His fights have consistently broken records, with his bout against Khabib Nurmagomedov at UFC 229 drawing 2.4 million buys and his boxing debut against Floyd Mayweather Jr. garnering over 5.3 million buys illustrating his massive appeal to fans of combat sports. This ties in well with the fact that Alta Global Group (NYSE:MMA) has already amassed its own substantial user base and strong user engagement of about 15 million monthly views and over 5 million social media users. It also currently ranks in the top 3 for ‘MMA’ in global search results. In addition to that, McGregor's contribution to popularizing MMA and the UFC on a global scale is undeniable considering that in 2021 Forbes recognized him as the world's highest-paid athlete, earning $180 million. Nick Langton, Founder and CEO of Alta, remarked, "Conor McGregor’s involvement is a game-changer for Alta Global Group. His legacy and influence in the world of MMA are unmatched. We are honored and thrilled to have his endorsement and support, which will be instrumental in revolutionizing the martial arts and combat sports landscape." That is why McGregor's role will be pivotal in the growth of Alta’s Warrior Training Program and the promotion of Hype, Alta’s all-in-one marketing platform tailored for gyms, coaches, and combat sport participants. He will also play a significant part in promoting Alta’s newly established partnership with UFC Gyms, which will integrate the Warrior Training Program across their network of over 150 gyms worldwide. For context, Hype is like a mini-website builder, a CRM, and a payments processor, all built into one that you can operate from your smartphone. What this platform basically does is that it allows business owners to take their followers from social media apps and funnel them into a platform with more freedom and tools to communicate and monetize without being under the mercy of algorithms. Now add this to the fact that Alta has already built a huge database of over 9000 professional and amateur athlete profiles, 5645+ potential content creator profiles, and 3500+ tutorial libraries. That means that Alta Global Group (NYSE:MMA) is well positioned to provide marketing content, training syllabuses for gyms and coaches, and connect the underlying fans to an opportunity to train either online or inside a gym at one of the company’s gym partners globally. This is a win-win deal for everyone in the ecosystem, as fans interested in participating in the sport can be matched up with a coach and gym easily. Another important thing for investors to note is that Alta is monetizing in a way that the UFC or other large professional promotions don't presently do, which is through fan base participation and could make it a very attractive company in the eyes of these much larger companies in the future. More recently, the company announced that it had sealed a partnership deal with UFC Gym, including their Warrior Training program, which could bring in revenue of at least $7 million annually, illustrating just how substantial this opportunity is. Alta’s market capitalization is about $40 million right now, but there's plenty of room for upside, especially now that McGregor has become the company’s official ambassador based on the kind of social media reach he has. Moreover, according to a recent TechSci Research report, the global combat sports market is set for explosive growth driven by rising global interest in fitness and the widespread adoption of combat sports as a means of physical exercise as consumers realize the health benefits and mental discipline associated with these activities. This market is set to experience robust growth, growing from $8.7 billion in 2023 to about $12.6 billion by 2029, representing a CAGR of 6.5%. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by the company to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details Mark McKelvie +1 585-301-7700 Mark@RazorPitch.com Company Website http://razorpitch.com

October 29, 2024 07:00 AM Eastern Daylight Time

Greg Olsen's Youth Inc. Expands with New Podcast Season and Upcoming Commerce Platform

Youth Inc.

Youth Inc., the first digital media network dedicated exclusively to youth sports content and commerce, today announced that Season Two of its popular Youth Inc. Podcast will launch on Wednesday, Oct. 30. Following the company’s 2024 $4.5 million seed funding round, led by Will Ventures, Youth Inc. is developing a new centralized hub blending news, original content, and retail for the youth sports market. Launched in 2022, Season One of the Youth Inc. Podcast featured conversations with iconic athletes like Jerry Rice, Russell Wilson, Jennie Finch, and Dale Earnhardt Jr. After a breakout debut season with more than 400,000 downloads, millions of impressions, and a nearly perfect viewership rating, Youth Inc. Is expanding its vision as it prepares to launch Season Two. Co-founded by Emmy Award-winning NFL analyst and Pro Bowl tight end Greg Olsen, former Fanatics executive Ryan Baise and Audacy, Inc.’s Tim Murphy, the podcast will feature acclaimed sports psychologist Dr. Michael Gervais as co-host, offering crucial insights for navigating today’s complex youth sports landscape. “While there are more than 30 million young athletes in our country today, there has never been a platform designed to speak directly to families, coaches, and players about the challenges of today’s current state of play,” said Olsen. “Season one taught us invaluable lessons, and we're excited to bring even more insights and depth in Season Two. Partnering with Dr. Gervais, we’ll provide our audience with the tools and knowledge to succeed, all while making the journey engaging and enjoyable." Season Two of the podcast will address the critical challenges young athletes face today including fostering resilience, managing the pressures of competition, and leveraging mindset training for long-term success. The six-episode season is presented by two Founding Partners: Players Health, a sports technology company offering digital risk management services and insurance products to ensure a secure environment for athletes, and MaxU, a cutting-edge platform providing personalized, 24/7 support to help young athletes build skills that enhance their mental performance and overall development. As Youth Inc. enhances its content offerings, it is also set to launch a robust commerce platform in early 2025, designed to further support young athletes and their families. Led by former Fanatics head of new ventures, Ryan Baise, the platform will offer a range of products and services tailored specifically for youth sports families and coaches. "The youth sports landscape is ripe for transformation, and we believe our platform will revolutionize how families access vital information and resources," said Baise. "Our aim is to create a comprehensive marketplace where parents, athletes, and coaches can discover rigorously vetted content and products that reflect the investment they make in their young athletes' futures." To listen to Season One of the Youth Inc. podcast (available on major podcast platforms, YouTube, and social media in both video and audio formats), watch the Season Two trailer or for more information, please visit Youth Inc. Youth Inc. is the first digital media network dedicated exclusively to youth sports content and commerce. Co-founded by NFL alum and Fox Sports broadcaster Greg Olsen, former Fanatics executive, Ryan Baise, and former Audacy and New York Times Co. executive, Tim Murphy, Youth Inc. provides parents, coaches, and athletes with expert-driven guidance and resources to navigate the evolving youth sports landscape. For more information, visit www.youth.inc or follow along on YouTube, Instagram, X, and TikTok. Contact Details Youth Inc. Jackson Gaskins jgaskins@hotpaperlantern.com

October 28, 2024 09:00 AM Eastern Daylight Time

Forum Health Launches Transformative Health Programs for Thyroid, Hormone, and Weight Management, Cementing Its Footprint in Michigan

Forum Health

Forum Health, LLC, a leader in personalized medicine, is excited to announce the launch of its new Integrative Health Programs in five Michigan locations. The programs feature Advanced Thyroid Care, Bioidentical Hormone Replacement Therapy for men and women, and a competitively priced Medical Weight Loss Program. Learn more about Forum Health Michigan’s Integrative Health Programs. Bruce Hamby, PA-C: "Our comprehensive Integrative Health Programs aim to transform lives by tackling the root causes of health issues. We deliver personalized care that fosters long-term health optimization, providing affordable and effective solutions for individuals seeking to enhance their health and well-being." Led by Bruce Hamby, PA-C, Taylor Consiglio, PA-C, and Holly Alderman PA-C, the new programs combine cutting-edge diagnostics not normally offered in conventional medicine with tailored treatments to help individuals resolve thyroid dysfunction, hormone imbalance, and the challenges of weight management. Forum Health’s Integrative Health Programs Include: Medical Weight Loss with Competitive Pricing - Weight loss solutions featuring GLP-1 and GIP injections focused on delivering sustainable results starting as low as $50 per week. This affordable plan offers expert care for those struggling with metabolic imbalances, stubborn weight gain, or individuals seeking a tailored approach to effective weight management. Advanced Thyroid Care: Comprehensive testing and personalized treatment to optimize thyroid function for those with hypothyroidism, hyperthyroidism, and autoimmune thyroid conditions, combining nutrition, lifestyle modifications, and targeted therapies. Bioidentical Hormone Replacement Therapy: Restores balance and vitality for men and women using bioidentical hormones that closely mimic the body's natural hormones. This customized therapy targets patient's unique needs, effectively relieving symptoms of hormone deficiency and menopause like fatigue, weight gain, and low libido. Phil Hagerman, Forum Health CEO: “Our expansion in Michigan underscores Forum Health's commitment to providing accessible, personalized care that addresses the underlying causes of health concerns. By offering advanced solutions for thyroid and hormone health, and weight management, we’re empowering individuals to take charge of their health and achieve sustainable, long-term wellness.” About Forum Health, LLC Forum Health, LLC is a nationwide provider of personalized healthcare steeped in the powerful principles of functional and integrative medicine. Our providers take a root-cause approach to care exploring lifestyle, environment, and genetics to help each patient achieve their ultimate health goals. Members have access to advanced medical treatments and technology, with care plans informed by data analytics and collaborative relationships. For more, visit www.forumhealth.com. Contact Details Forum Health Britt Wittelsberger +1 410-852-0738 bwittelsberger@forumhealth.com Company Website https://forumhealth.com

October 22, 2024 08:50 AM Eastern Daylight Time

News Release

Quantum BioPharma Ltd. Alleges Market Manipulation, Files Lawsuit, unbuzzed Continues To Gain Traction

QNTM

Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) continues to make strides in both biopharmaceutical innovation and its functional wellness product line. A biopharmaceutical company focused on the treatment of neurodegenerative and metabolic disorders, Quantum BioPharma’s recent efforts in launching a wellness beverage, unbuzzd, highlight a strategy to diversify and expand revenue streams beyond its core drug development. Expanding Market Reach with unbuzzd On October 7, 2024, Quantum BioPharma’s subsidiary, Celly Nutrition Corp., secured a Master Distribution Agreement with FUSION Consulting Group. This agreement grants unbuzzd, the company's innovative beverage designed to support the body in metabolizing alcohol, access to prominent retailers throughout Puerto Rico, the Caribbean, and parts of Central and South America. Retailers such as Walmart, Walgreens, CVS, and Costco will soon offer unbuzzd, helping it penetrate vacation-heavy markets where alcohol consumption is a common part of the experience. John Duffy, CEO of Celly Nutrition, emphasized the significance of this partnership: “Our collaboration with FUSION allows us to reach a broader audience and help consumers make healthier choices when it comes to alcohol consumption.” Unbuzzd offers a unique value proposition by helping to expedite the body's alcohol metabolism process, promoting clarity and faster recovery. FUSION’s distribution expertise, which includes previous success with brands like CELSIUS and SHINE Water, further enhances the product’s growth prospects in new markets. Legal Action: Alleged Market Manipulation In addition to its expanding product portfolio, Quantum BioPharma has recently taken legal action to address what it claims is a multi-year market manipulation scheme. On October 20, 2024, the company filed a lawsuit in the United States District Court for the Southern District of New York, alleging that CIBC World Markets, RBC Dominion Securities, and other entities engaged in stock price manipulation, commonly referred to as "spoofing." This legal action seeks damages in excess of $700 million, a figure that reflects the significant harm Quantum BioPharma believes it suffered as a result of these activities. The lawsuit alleges that between January 1, 2020, and August 15, 2024, these defendants repeatedly manipulated the share price of Quantum BioPharma, contributing to a dramatic drop in its stock value. CEO John Duffy described this legal step as a necessary measure to protect the company’s interests and its shareholders: “The market manipulation we’ve experienced has had severe financial consequences for the company and our investors. We are pursuing this case with full confidence in the strength of the evidence.” Law firms Christian Attar and Freedman Normand Friedland LLP are representing Quantum BioPharma on a contingency basis, ensuring that the company does not bear immediate financial pressure for legal costs. They have conducted extensive investigations that they believe substantiate claims of substantial market manipulation, affecting both the company and its retail investors. "In the 21 years our team has been prosecuting market manipulation cases against Wall Street, I believe this could be one of the top 5 biggest spoofing/market manipulation cases we have handled," stated James Wes Christian, highlighting the potential damages in excess of $700 million USD due to the alleged manipulative practices. Key Milestones for the Future Beyond the current legal developments and the market expansion of unbuzzd, Quantum BioPharma is advancing its core biopharma pipeline. The company’s lead compound, Lucid-MS, is designed to address myelin degradation in multiple sclerosis. In August 2024, Quantum BioPharma announced that it had received ethics approval in Australia to commence Phase 1 clinical trials for Lucid-MS. This milestone marks a critical step forward in the development of a potentially groundbreaking treatment for this challenging neurodegenerative disorder. Quantum BioPharma’s focus on long-term innovation and near-term revenue generation is reflected in its diversified business model. By maintaining a 25.71% stake in Celly Nutrition and earning royalties from unbuzzd sales, the company is positioned to benefit financially while continuing its pioneering work in the biopharmaceutical sector. Additionally, Quantum BioPharma retains 100% of the rights to develop a pharmaceutical version of unbuzzd specifically for medical use, offering further growth potential in the future. Conclusion Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) is demonstrating solid progress on multiple fronts. With the successful launch and distribution agreement for unbuzzd, legal efforts to address past market manipulation, and key milestones in its drug development pipeline, QNTM’s multifaceted strategy positions it as a compelling stock to monitor. While the company’s biopharma ambitions, particularly with Lucid-MS, hold long-term promise, the expansion of unbuzzd into new markets could drive more immediate revenue growth, making QNTM a stock with strong potential in both the wellness and biopharmaceutical industries. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performances are not statements of historical fact and may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Lifewater Media to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only; you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third-party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 Mark@razorpitch.com Company Website http://razorpitch.com

October 21, 2024 11:55 AM Eastern Daylight Time

Players Health Becomes Founding Partner of Greg Olsen’s Youth Inc. to Champion Safety in Youth Sports

Players Health

Players Health, the leading provider of athlete safety and insurance solutions, today announced its partnership as a founding partner with Youth Inc., a content and commerce platform co-founded by NFL alum and Fox Sports broadcaster Greg Olsen. This collaboration marks a significant step toward enhancing safety standards in youth sports through engaging and informative content. It will offer valuable education for athletes, parents, and coaches, while promoting a culture of safety, risk management, and athlete well-being across all levels of play. As digital advertising evolves, and the youth sports industry continues to soar, the growing importance of community-driven strategies and content creation is fueling shifts in the way youth sports organizations engage with their audiences. Through this partnership, Players Health and Youth Inc. will collaboratively generate and distribute content that helps those entrusted with leading youth sports organizations create a safer and more informed environment for young athletes, parents, and coaches. “In today’s rapidly changing youth sports landscape, health and safety must remain at the forefront. Our partnership with Youth Inc. provides a unique opportunity to speak directly to changemakers in our industry and around the country, equipping them with the tools and insights needed to proactively address the challenges facing youth athletes today,” said Tyrre Burks, founder and CEO of Players Health. “Together, we’re not just providing solutions — we’re leading a movement to transform how health and safety is prioritized in youth sports." Youth Inc. provides content across all media platforms, including full-length video/audio podcasts available on YouTube, Spotify, and Apple Podcasts. The network also shares clips on Instagram, Facebook, TikTok, LinkedIn and X. Featuring interviews with some of the biggest stars and thought leaders in the sports world, Youth Inc. serves as a vital resource for navigating the complexities of youth sports today. "Youth sports should be a place where kids can grow, learn, and have fun, and that starts with creating a safe environment. Through our partnership with Players Health, we’re able to provide families and organizations with expert-driven content and resources to help navigate the challenges of today’s youth sports landscape,” said Olsen. “Our shared vision is to equip everyone involved with the knowledge and support they need to foster a safer, more positive experience for young athletes." Season two of Youth Inc. launches on Wednesday, October 30th with six new episodes. Fans, coaches, parents and young athletes can look forward to deeper conversations with top athletes, coaches, and experts in youth sports, as well as valuable advice on safety, well-being, and athletic development. This season promises to bring more exclusive content, further solidifying Players Health and Youth Inc.'s roles as a leading voice in youth sports education. The trailer for Youth Inc.’s upcoming season, featuring Players Health, Greg Olsen, and renowned sports psychologist Dr. Michael Gervais, offers a glimpse into the impactful conversations and expert commentary that will shape the future of youth sports safety and development. To learn more, visit: https://www.playershealth.com/ About Players Health Players Health is a sports technology company providing digital risk management services, reporting tools and insurance products to sports organizations to empower them to stay ahead of their ever-changing safety and compliance responsibilities. Working towards establishing the safest environment for athletes, Players Health views the health and safety of athletes as a priority in today's sports landscape. About Youth Inc. Youth Inc. is the first digital media network dedicated exclusively to youth sports content and commerce. Co-founded by NFL alum and Fox Sports broadcaster Greg Olsen, Youth Inc. provides parents, coaches, and athletes with expert-driven guidance and resources to navigate the evolving youth sports landscape. For more information, visit www.youth.inc or follow along on YouTube, X, and TikTok. Contact Details Players Health Jackson Gaskins playershealth@hotpaperlantern.com Company Website https://www.playershealth.com

October 21, 2024 09:00 AM Eastern Daylight Time

Denver Area’s “The Club at Ravenna” Earns Prestigious Platinum Club of America Status for 2025-2026

The Club at Ravenna

The leaders of private clubs across the United States have, for the first time, recognized the excellence of “The Club at Ravenna”, near Denver, as one of America’s top 150 private country clubs in the 2025-26 Platinum Clubs of America competition. The competition, sponsored by Club Leaders Forum, a worldwide organization committed to the advancement of excellence in global private club leadership, management and operations, places The Club at Ravenna in the top five percent of all private clubs nationwide, joining the ranks of such legendary institutions as Congressional Country Club in Bethesda, Maryland, Bel-Air Country Club in Los Angeles and The Ocean Reef Club in Key Largo, Florida. The voting body, comprised of the most informed Club Managers, CEOs, COOs, Presidents and Owners across the nation, selected Ravenna based on seven separate criteria, including amenities, service, staff, governance and overall experience. Approximately 4,100 ballots were distributed to private club leaders nationwide. "Judge us by the company we keep," said Kevin Collins, president & CEO of Ravenna. "To be ranked among the nation’s finest clubs confirms the unique community we've cultivated at Ravenna. Our members' passion and engagement, our employees and team leaders have propelled us to this exceptional status, and we are incredibly proud of what we've built together.” Only five other Colorado country clubs share the prestigious platinum ranking with Ravenna: Cherry Hills Country Club, Maroon Creek in Aspen, Roaring Fork in Basalt, The Country Club at Castle Pines and the Denver Country Club. For the past decade, under Collins’ leadership Ravenna has transformed from bankruptcy on the heels of the great recession with a tent for a clubhouse, limited amenities and just 50 golf members, into a nationally recognized top-tier country club with world-class status. Today, it stands among the nation’s elite clubs with a state-of-the-art clubhouse, diverse amenities and a thriving membership of more than 400. As part of its strategic plan, Ravenna will change its name to Ravenna Country Club to better reflect its status as an exclusive private club. This rebranding aligns with its newly attained platinum club status and will roll out over the next year. "Our transformation into Ravenna Country Club is a new chapter," said Collins. "This milestone will celebrate how far we've come and our commitment to elevate our already high standards of excellence in the years to come." # # # About The Club at Ravenna Nestled in the foothills of the Rocky Mountains, The Club at Ravenna offers premier golf, world-class facilities and extraordinary experiences. A family-owned Private Club, Ravenna is known for its strong culture, dedication to excellence, and member camaraderie. Ravenna continues to elevate the standard, setting it apart as one of the most respected Private Clubs in Colorado. For more information about The Club at Ravenna, visit www.ravennagolf.com. Contact Details The Club at Ravenna Chris Collins +1 303-552-0593 ccollins@ravennagolf.com Company Website https://www.ravennagolf.com

October 18, 2024 08:05 AM Mountain Daylight Time

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