Friday, August 17, 2018
Investor Ideas #Potcasts #Cannabis News and #Stocks on the Move: Interview with Former #NBA Player Matt Barnes; Cannabis in Professional #Sports World
Investor Ideas #Potcasts #Cannabis News and #Stocks on the
Move: Interview with Former #NBA Player Matt Barnes; Cannabis in Professional #Sports
World
Delta, Kelowna, BC –August 17, 2018
(Investorideas.com Newswire) www.Investorideas.com, a global news source
covering leading sectors including marijuana and hemp stocks and its “potcast’
site, www.potcasts.ca release today’s edition of its series, Investorideas.com potcastsCM -
cannabis news and stocks to watch plus insight from thought leaders and
experts.
Listen to the podcast: http://www.investorideas.com/Audio/Podcasts/2018/081718-Interview-NBA-MattBarnes.mp3
Read this in full at http://www.investorideas.com/news/2018/cannabis/08172Potcasts-Interview-NBA-MattBarnes.asp
Interview with
former #NBA player Matt Barnes; #Cannabis in professional #Sports world
Today’s podcast overview/transcript:
Good morning and welcome to another Investorideas.com potcast – looking
at cannabis news, stocks to watch as well as insights from thought leaders and
experts.
Last week I was able to briefly talk with Matte Barnes, retired NBA
player, right before his Smoke 4 the Cure which ran from August 8, 2018 to August 11, 2018.
It started with “Smoke 4
a Cure” on August 9, 2018, followed by “Bowl 4 a Cure” at the
Lucky Strike in Los Angeles, California on August 10, 2018 then the Pool party
on August 11th and Celebrity Flag Football Game at the Fairfax High School on
August 12th.
Matt Barnes talked about his personal history dealing with medical
cannabis and also discussed with me, at last week’s event, his Athletes VS
Cancer foundation as well his thoughts on cannabis in the professional sports
world.
To see more information on the event as well as Matt’s foundation visit https://athletesvscancer.com/
Investor
ideas reminds all listeners to read our disclaimers and disclosures on the
Investorideas.com website and this podcast is not an endorsement to buy
products or services or securities. Investors are reminded all investment
involves risk and possible loss of investment
Subscribe to the new cannabis podcast series:
Investorideas.com podcasts are also available on
iTunes, Spotify, Google Play Music,
Stitcher, Spreaker, iHeartradio and
Tunein.
Potcasts is now a certified word
mark Trademark on the blockchain through Cognate, Inc. CM
Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires
Big Investing Ideas
Investorideas.com is a recognized news source
publishing third party news and press releases plus we create original
financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto,
technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and
stock news column, Investor
Ideas #Potcasts #Cannabis News
and Stocks on the Move podcast and column,
Cleantech and Climate Change Podcast and
the Stock Guru daily podcast on Support and Resistance Trading.
Disclaimer/Disclosure: Investorideas.com is
a digital publisher of third party sourced news, articles and equity research
as well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investment involves risk and possible loss of investment. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Contact each company directly regarding content and
press release questions. Disclosure is posted for each compensated news
release, content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.
Additional info
regarding BC Residents and global Investors: Effective September 15 2008 - all
BC investors should review all OTC and Pink sheet listed companies for
adherence in new disclosure filings and filing appropriate documents with
Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations
of each country.
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Thursday, August 16, 2018
Investor Ideas #Potcasts #Cannabis News and #Stocks on the Move: CSE: $HUGE.C, OTC: $FSDDF, TSXV: $META.V, TSXV: $GTEC.V, NASDAQ: $NEPT, TSX: $NEPT.TO
Investor Ideas #Potcasts #Cannabis News and #Stocks on the
Move: CSE: $HUGE.C, OTC: $FSDDF, TSXV: $META.V, TSXV: $GTEC.V, NASDAQ: $NEPT,
TSX: $NEPT.TO
Delta, Kelowna, BC –August 16, 2018 (Investorideas.com
Newswire) www.Investorideas.com, a global news source covering leading sectors
including marijuana and hemp stocks and its “potcast’ site, www.potcasts.ca release today’s edition of its series, Investorideas.com potcastsCM -
cannabis news and stocks to watch plus insight from thought leaders and experts.
Read this in full at http://www.investorideas.com/news/2018/cannabis/08161Potcasts-CSE-HUGE-OTC-FSDDF-TSXV-META-GTEC-NASDAQ-NEPT.asp
Today’s podcast overview/transcript:
Good morning and welcome to another Investorideas.com potcast – looking
at cannabis news, stocks to watch as well as insights from thought leaders and
experts.
Today we will be looking at announcements from FSD Pharma Inc. trading
on the CSE as HUGE and the OTC as FSDDF,
National Access Cannabis Corp. trading on the TSX-VENTURE as META, GTEC
Holdings Ltd. trading on the TSX-Venture as GTEC and the OTC as GGTTF and
Neptune Technologies & Bioressources Inc. trading on the NASDAQ and the TSX
as NEPT.
But first, Cannabis stocks traded up yesterday with positive news, the
largest being the $5 million investment from Constellation Brands into Canopy
Growth Corp., though Canopy wasn’t the only stock on the rise. Canopy was up
30.42% or $7.49, while Aphria also had a boost of 20.53% or $1.79 and Aurora
was up 19.48% or $1.04. Cannabis stocks continued to rise from news earlier in
the week with Ontario adding private retailers to its plan to sell recreational
cannabis come October.
FSD Pharma Inc., announced today the launch of a clinical research
collaborative program in Israel, via its strategic R&D partner, SciCann
Therapeutics Inc.
This comprehensive clinical research program will be executed through
SciCann's strategic alliance and collaboration agreement with Mor Research
Applications Ltd. - the technology transfer office and commercial arm of Clalit
Healthcare Services, Israel's largest medical insurer and healthcare provider,
which operates a network of 14 full scale hospitals throughout Israel, employs
over 9,000 physicians and serves the healthcare needs of over 50% of Israel's
population.
As announced previously, FSD Pharma has secured the exclusive licensing
rights for the manufacturing and distribution of SciCann's line of proprietary,
patent-pending, cannabinoid-based and indication-specific products in Canada.
Under the strategic alliance agreement with Mor, FSD Pharma and SciCann
will execute a series of rigorous, randomized, placebo-controlled clinical
studies to demonstrate the safety and efficacy of these products, in order to
bring to market advanced and innovative cannabinoid-based products that are
backed up by solid clinical data achieved through the highest standards of
rigorous and objective clinical research typical for the development process of
pharmaceutical products.
National Access Cannabis Corp., Canada's best practices leader in
delivering safe and responsible access to legal cannabis, and The Second
Cup Ltd. (TSX:SCU), Canada's second-largest retailer of specialty
coffee, announced an update to their national strategic alliance in
response to the Ontario government's announcement to roll out a private retail
cannabis model starting April 1, 2019.
NAC and Second Cup originally announced their strategic alliance in
April 2018, through which the two companies will develop a network of
NAC-branded and operated recreational cannabis stores in provinces where
legally permissible.
Based on the Ontario government's announcement earlier this week, NAC
and Second Cup have begun actively reviewing potential Second Cup locations in
the province for conversion to NAC-operated cannabis retail stores, under the
brand and banner Meta Cannabis Supply Co.™ (aka META).
There are more than 130 Second Cup locations across Ontario, with a
significant number of sites in high-traffic, densely populated municipalities,
including Ottawa and Toronto. As more details become available through
legislation, the companies will continue to assess locations for Ontario retail
opportunities. Conversion of any Second Cup café to a META recreational
cannabis store will be conditional on obtaining a retail license from
provincial regulators and the approval of Second Cup and the applicable
franchisee and landlord.
Neptune Technologies &
Bioressources Inc. announced the appointment of Ms. Hélène F. Fortin to its Board of
Directors.
"We are pleased that Ms. Fortin has accepted to join the Board of
Neptune," said John Moretz, Chairman. "Her extensive experience on
the boards of leading public and private corporations combined with her
impressive financial and governance background, will be
extremely beneficial for Neptune, as we seek to significantly grow our
activities in the multi-billion dollar cannabis market."
GTEC Holdings Ltd. provided an update on its wholly owned subsidiary,
Spectre Labs Inc.
GTEC previously announced that it had acquired a warehouse located in
Kelowna, B.C. for the purpose of submitting an application to the Office of
Controlled Substances for a Dealer's Licence. The site will be developed in a
phased approach and will serve as a Good Manufacturing Practices (GMP) grade
facility with extraction, formulation, compounding and export capabilities to support
GTEC's Licensed Producers and the global medical market. GTEC also intends to
utilize this facility to manufacture edible products that are expected to be
incorporated into Health Canada's regulatory framework in 2019. Upon Health
Canada approval of phase one, the facility will be capable of producing up to
24,500 grams of cannabis oil per day (equivalent to more than 8,500 kilograms
per annum), with capacity to increase production through future phased
development.
Investor
ideas reminds all listeners to read our disclaimers and disclosures on the
Investorideas.com website and this podcast is not an endorsement to buy
products or services or securities. Investors are reminded all investment
involves risk and possible loss of investment
Subscribe to the new cannabis podcast series:
Investorideas.com podcasts are also available on
iTunes, Spotify, Google Play Music,
Stitcher, Spreaker, iHeartradio and
Tunein.
Potcasts is now a certified word
mark Trademark on the blockchain through Cognate, Inc. CM
Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires
Big Investing Ideas
Investorideas.com is a recognized news source
publishing third party news and press releases plus we create original
financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto,
technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and
stock news column, Investor
Ideas #Potcasts #Cannabis News
and Stocks on the Move podcast and column,
Cleantech and Climate Change Podcast and
the Stock Guru daily podcast on Support and Resistance Trading.
Disclaimer/Disclosure: Investorideas.com is
a digital publisher of third party sourced news, articles and equity research
as well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. Disclosure is posted for each compensated
news release, content published /created if required but otherwise the news was
not compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.
Additional info
regarding BC Residents and global Investors: Effective September 15 2008 - all
BC investors should review all OTC and Pink sheet listed companies for
adherence in new disclosure filings and filing appropriate documents with
Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations
of each country.
Follow us on Social Media
Contact Investorideas.com
800-665-0411
Do you trade or invest in Marijuana / Hemp
Stocks? Check out our stock directory of
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Marijuana / Hemp Stocks
Join our Group on Linkedin and talk about - Marijuana / Hemp Stocks - News and Trends in Green Investing
Wednesday, August 15, 2018
Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: $WEED.TO, NYSE: $CGC, NYSE: $STZ, TSXV $HEMP.V CSE: $MTEC.C, CSE: $ISH.C
Investor Ideas #Potcasts #Cannabis News
and Stocks on the Move:
TSX: $WEED.TO, NYSE: $CGC, NYSE:
$STZ, TSXV $HEMP.V CSE: $MTEC.C, CSE: $ISH.C
Constellation
Brands invests a further $4 billion in Canada's cannabis producer Canopy Growth;
Cannvas MedTech Inc announces newly formed Education Advisory Panel; Inner
Spirit Holdings Ltd., announces it has begun processing and accepting
additional franchise applications for Spiritleaf stores in Ontario
Delta, Kelowna, BC –August 15, 2018 (Investorideas.com
Newswire) www.Investorideas.com, a global news source covering leading sectors
including marijuana and hemp stocks and its “potcast’ site, www.potcasts.ca release today’s edition of its series, Investorideas.com potcastsCM -
cannabis news and stocks to watch plus insight from thought leaders and experts.
Read this in full at http://www.investorideas.com/news/2018/cannabis/08151Potcasts-TSX-WEED-NYSE-CGC-STZ-HEMP-CSE-MTEC-ISH.asp
Today’s podcast overview/transcript:
Good morning and welcome to another Investorideas.com potcast – looking
at cannabis news, stocks to watch as well as insights from thought leaders and
experts.
Today we will be looking at announcements from Canopy Growth Corporation
trading on the TSX as WEED and the NYSE as CGC,
Constellation Brands trading on the NYSE as STZ, Hempco Food and Fiber Inc.
trading on the TSX-Venture as HEMP, Cannvas
MedTech Inc. trading on the CSE as MTEC and Inner Spirit Holdings Ltd.
trading on the CSE as ISH.
Constellation Brands, a leading beverage alcohol company, and Canopy
Growth Corporation, a leading diversified cannabis company, today announced a
significant expansion of their strategic partnership to position Canopy Growth
as the global leader in cannabis production, branding, intellectual property
and retailing.
Constellation Brands will increase its ownership interest in Canopy
Growth by acquiring 104.5 million shares directly from Canopy Growth, thereby
achieving approximately 38 percent ownership when assuming exercise of the
existing Constellation warrants. Constellation Brands is acquiring the
new shares at a price of C$48.60 per share, which is a 37.9 percent premium to
Canopy's 5-day volume weighted average price of the common shares on the
Toronto Stock Exchange ("VWAP"), and a 51.2 percent premium to the
closing price on August 14, 2018. Constellation will also receive
additional warrants of Canopy that, if exercised, would provide for at least an
additional $4.5 billion CAD to Canopy Growth.
As a result of the new shares Constellation is acquiring, Canopy Growth
will immediately upon closing have proceeds of approximately $5 billion CAD [$4
billion USD] to bolster its leadership position in the global cannabis
industry. This investment, the largest to date in the cannabis space,
will provide funds which Canopy Growth will deploy to strategically build
and/or acquire key assets needed to establish global scale in the nearly 30
countries pursuing a federally permissible medical cannabis program, while also
rapidly laying the global foundation needed for new recreational cannabis
markets. Canopy Growth's Canadian platform does not require additional
cannabis cultivation assets, and management views other jurisdictions,
including the United States, as strategic priorities requiring significant
capital.
Hempco Food and Fiber Inc. today comments on Health Canada's publication
of the Subsection 56(1) Class Exemption in relation to the use of hemp under
Industrial Hemp regulations (flowering heads, leaves and branches).
The exemption, published on August 10, 2018, enables companies with the
relevant licenses to commence using the whole hemp plant for commercial
purposes, which was prohibited under previous regulations. The exemption will
remain in place until the scheduled implementation of the Cannabis Act on October
17, 2018, which allows for whole plant utilization from that date onwards.
"This historic decision clears the way for whole hemp plant
utilization, a complete game changer for our industry, allowing Hempco to
develop new revenue streams in potentially very significant markets," said
Diane Jang, CEO of Hempco. "The exemption allows us and our strategic
partner, Aurora Cannabis Inc., to commence extracting CBD from hemp and develop
a new line of health products, a market with considerable potential."
Prior to implementation of the exemption, hemp growers were required to
discard a sizeable portion of the hemp plant as waste. Under the new
regulations, companies can immediately collect, harvest, dry and store
industrial hemp flower, buds, leaf materials and branches. These materials
contain very valuable raw materials that can be used to produce nutraceuticals
and health products. These are markets where sustainability principles and
health-related considerations are generating positive momentum for the adoption
of new raw materials, such as hemp, creating significant growth potential.
Cannvas MedTech Inc., a leading business
technology company in the cannabis space, announced the appointment of
Elizabeth Moniz and Tom Loutskou to the newly formed Cannvas Education Advisory
Panel. The Cannvas Education Advisory Panel will advise and set protocols for
the broad educational spectrum that Cannvas.me offers to the medical cannabis
industry.
"I am very pleased to welcome Elizabeth and Tom to the newly the
formed Cannvas Education Advisory Panel," said Steve Loutskou, Chief
Operating Officer, Global Markets, Cannvas MedTech Inc. "The Education
Advisory Panel will be made up of leading experts in the educational
development field and instrumental in the way Cannvas.me delivers education to
the medical cannabis world. Elizabeth (whose focus was Neuropsychology) and Tom
(who has a Masters in Education) bring extensive education and training
experience to our online medical cannabis platform. I look forward to working with
the Panel as we roll out a robust medical cannabis educational program with the
Cannvas.me platform."
Cannvas.me is a scalable and comprehensive solution for the global
medical cannabis community offering interactive tools and physician-backed
content to audiences wishing to learn about healthcare through cannabis. Its
Cannvas Academy, already guided by its Medical Advisory Board, will receive
additional oversight and direction from the Education Advisory Panel, made up
of highly qualified members from industry and government institutions.
Inner Spirit Holdings Ltd., a specialty retailer and franchisor
establishing recreational cannabis dispensaries across Canada under the
Spiritleaf brand, today announced that - following the news of the Ontario Government's
plan to permit private recreational cannabis sales - it has begun processing
and accepting additional franchise applications for Spiritleaf stores in
Canada's most populous province.
"Inner Spirit has been preparing for this very positive development
since the Ontario provincial election so we could seize this opportunity,"
said Darren Bondar, President & CEO. "We are extremely encouraged by
the interest we have received from many aspiring franchise partners. Our
team is excited to pursue expansion and has identified more than 100
territories to grant in Ontario. This initiative has the potential to double
our Canadian footprint and to position Inner Spirit as a leader in the national
recreational cannabis market."
Spiritleaf has opened its Toronto office and entered into an exclusive
real estate agreement with Marino Locations Ltd. who will be actively involved
in developing the Ontario region with Spiritleaf. Marino Locations Ltd.
brings more than 35 years of experience representing the needs of retailers,
landlords and developers across Canada.
Investor ideas reminds
all listeners to read our disclaimers and disclosures on the
Investorideas.com website and this podcast is not an endorsement to buy
products or services or securities. Investors are reminded all investment
involves risk and possible loss of investment
Subscribe to the new cannabis podcast series:
Investorideas.com podcasts are also available on
iTunes, Spotify, Google Play Music,
Stitcher, Spreaker, iHeartradio and
Tunein.
Potcasts is now a certified word
mark Trademark on the blockchain through Cognate, Inc. CM
Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires
Big Investing Ideas
Investorideas.com is a recognized news source
publishing third party news and press releases plus we create original
financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto,
technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and
stock news column, Investor
Ideas #Potcasts #Cannabis News and
Stocks on the Move podcast and column,
Cleantech and Climate Change Podcast and
the Stock Guru daily podcast on Support and Resistance Trading.
Disclaimer/Disclosure: Investorideas.com is
a digital publisher of third party sourced news, articles and equity research
as well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases or
sale of stocks, services or products. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. All
investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. Disclosure is posted for each compensated
news release, content published /created if required but otherwise the news was
not compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.
Additional info
regarding BC Residents and global Investors: Effective September 15 2008 - all
BC investors should review all OTC and Pink sheet listed companies for
adherence in new disclosure filings and filing appropriate documents with
Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations
of each country.
Follow us on Social Media
Contact Investorideas.com
800-665-0411
Do you trade or invest in Marijuana / Hemp
Stocks? Check out our stock directory of
publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX
Marijuana / Hemp Stocks
Join our Group on Linkedin and talk about - Marijuana / Hemp Stocks - News and Trends in Green Investing
Tuesday, August 14, 2018
Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: $ACB.TO, NASDAQ: $CRON, TSX: $CRON.TO, CSE: $MYM.C, CSE: $CRZ.C
Investor Ideas #Potcasts #Cannabis News
and Stocks on the Move: TSX: $ACB.TO,
NASDAQ: $CRON, TSX: $CRON.TO, CSE: $MYM.C, CSE: $CRZ.C
RCMP, in
partnership with the Canadian Association of Chiefs of Police (CACP) and the
Canadian Police Knowledge Network (CPKN) announce online Training
Delta, Kelowna, BC –August 14 , 2018 (Investorideas.com
Newswire) www.Investorideas.com, a global news source covering leading sectors
including marijuana and hemp stocks and its “potcast’ site, www.potcasts.ca release today’s edition of its series, Investorideas.com potcastsCM -
cannabis news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:
Read this in full at
Today’s podcast overview/transcript:
Good morning and welcome to another Investorideas.com potcast – looking
at cannabis news, stocks to watch as well as insights from thought leaders and
experts.
Today we will be looking at announcements from Aurora Cannabis Inc.
trading on the TSX as ACB and the OTCQB as ACBFF, Cronos Group Inc. trading on
the NASDAQ and TSX as CRON, MYM
Nutraceuticals Inc., trading on the CSE as MYM and CannaRoyalty Corp. trading on the CSE as CRZ.
But first, today, the RCMP, in partnership
with the Canadian Association of Chiefs of Police (CACP) and the Canadian
Police Knowledge Network (CPKN) are announced that the new online training on
cannabis legislation is now available for all Canadian police officers, in both
official languages.
CACP President, Chief Mario Harel, said:
"The CACP is proud to support this proactive initiative and would like to
thank the RCMP and the CPKN for leading the development of this online training
product. With such a significant legislative change coming in October, it was
important for the Canadian law enforcement community to come together, share
resources for a common goal which will benefit communities from coast to coast
to coast."
The online course, entitled Introduction to
Cannabis Legislation, is now available at no cost to all Canadian police
services in Canada on the CPKN portal. The goal of this training is to inform
and educate police officers in Canada on how to consistently apply the new laws
surrounding cannabis.
Upon completion of the course, police officers
will be able to:
·
Identify cannabis in its various forms and
relate it to legal quantities
·
Differentiate between the medical and
non-medical cannabis regimes
·
Recognize criminal offences under the Cannabis Act
·
Articulate the elements and powers of arrest
for each offence under the Cannabis
Act
·
Identify hazards as they relate to
environments involving cannabis
·
Understand how the new Act will impact
policing in Indigenous communities on reserve
·
Make appropriate linkages to other training
related to drug-impaired driving
·
Apply strategies to assist with critical
thinking through unknown or new situations.
CPKN President, Sandy Sweet, explains:
"This initiative could become a best practice for future legislative
changes impacting policing in Canada. Through this partnership, we were able to
achieve a mass distribution of online training at a very low cost, using existing
resources and infrastructure."
Aurora Cannabis Inc. today announced that its acquisition of Anandia
Laboratories Inc. is now complete. The previously announced arrangement, under
the provisions of the Business Corporations Act (British Columbia), means that
among other things, Aurora has now acquired all of the issued and outstanding
shares of Anandia in an all-share transaction.
Anandia is a world-leading cannabis-focused science company, specialized
in genomics, metabolite profiling, plant breeding, disease characterization,
and cultivar certification, as well as providing testing services to producers
and patient-cultivators.
Aurora Cannabis Inc. and Alcanna Inc. also applauded the Ontario
Government on its new plans for the responsible sale of recreational cannabis
products through government-operated online sales, and the private sector.
Aurora and Alcanna have entered into a license agreement which – as soon
as regulations permit – will allow Alcanna to open retail cannabis stores under
the brand name "Aurora". Alcanna has made considerable progress in
preparing for this exciting opportunity and has identified over 100 potential
retail locations throughout the province already. This agreement represents a
significant competitive advantage and will allow for the rapid establishment of
a robust network of cannabis retail stores that comply with all provincial and
municipal requirements, making product, consumer and public safety a top
priority. Together, the two companies have the technology, relationships,
and supply chain and retail expertise to quickly establish themselves in the
Ontario market.
Cronos Group Inc. today announced financial results for the second
quarter ended June 30, 2018.
Some of the highlights included:
·
Cronos Australia was granted a medicinal cannabis Manufacture License by
the Australian Office of Drug Control in June 2018.
·
In June 2018, Cronos entered into a strategic distribution partnership
with Delfarma. Delfarma is a pharmaceutical wholesaler with a distribution network
of over 5,000 pharmacies and more than 200 hospitals that collectively reaches
approximately 40% of the Polish domestic market. Under the five-year exclusive
distribution agreement, Cronos will supply PEACE NATURALS™ branded cannabis
products to Delfarma for distribution within Poland.
·
Cronos Group previewed its premium recreational brand COVE™ at the May
2018 LIFT Conference. COVE™ was born in the Okanagan Valley in British
Columbia, which is known for producing some of the world's finest cannabis. COVE™
products are non-irradiated and hand-trimmed using only the best result of each
harvest. By avoiding shortcuts like harsh refining processes, COVE™ is able to
maintain the natural balance of the plant across all of the brand's terpene
rich cannabis extracts and brings the highest quality products to its
consumers.
·
On May 23, 2018 the trading of Cronos Group's common shares in Canada
were up-listed from the TSX Venture Exchange to the Toronto Stock Exchange
("TSX"). Cronos Group's common shares are listed under the
symbol "CRON" on both the NASDAQ Global Market and the TSX.
·
Cronos strengthened liquidity by raising $100.0 million of gross
proceeds through a bought deal offering of common shares in April 2018. As of
June 30, 2018, total liquidity was $118.0 million, which provides Cronos Group
significant runway to execute on its strategic priorities.
·
Second quarter 2018 revenues totaled $3.4 million, as compared to $0.6
million for the second quarter 2017, representing an increase of $2.8 million,
or 428%. The main drivers associated with the increase in revenues are an
expansion in patient onboarding, an increase in average sales price and the
continued strong growth in our cannabis oil offering.
·
Second quarter 2018 cannabis oil sales accounted for 40% of domestic
medical sales.
·
Finished goods inventory and biological assets increased by 46%
quarter-over-quarter to 2,451 kilograms as the Company focuses on building
inventory for the adult-use market.
CannaRoyalty Corp., a leading North American
cannabis products and brands company, today announced the closing of the
previously announced sale of CannaRoyalty's exclusive Canadian license to use
and commercialize the pre-roll technology developed by Wagner Dimas to Aurora Cannabis
Inc.
CannaRoyalty's exclusive Canadian license to use and commercialize
pre-roll technology developed by Wagner Dimas was valued at $7 million at the
time of the execution of the binding term sheet. The Purchase Price is settled
in 756,348 Aurora Cannabis common shares1, which have now been
issued to the Company. The value of these shares based on the closing price of
Aurora Cannabis common shares on August 13, 2018, was approximately C$4.48
million.
MYM Nutraceuticals Inc., announced it as engaged
well-known tourism and recreational expert, Sylvain Audet, to develop the
concept of the CannaCentre in Weedon, QC. The CannaCentre is associated with
the Company's 1.5 million square foot medical cannabis greenhouse complex
currently under construction in Weedon, Quebec. The CannaCentre will host a
research centre, a training facility, an auditorium for cultural and scientific
activities, a hotel, a restaurant, a medical cannabis interpretation centre and
a medical clinic.
Mr. Audet will work in close collaboration with the Sherbrooke
Historical Society to develop the concept of the medical cannabis museum as
part of the CannaCentre. Mr. Audet is tasked with identifying the primary,
indirect and complementary clientele targets, to suggest services and
activities complementary to the project's infrastructure and evaluate the
profitability of the overall project.
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