Investor Ideas #Potcasts #Cannabis News
and #Stocks on the Move: TSXV: $N.V,
TSXV: $OGI.V, CSE: $MYM.C
Delta, Kelowna, BC –August 24, 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 http://www.investorideas.com/news/2018/cannabis/08242Potcasts-TSXV-N-OGI-CSE-MYM.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 Namaste Technologies Inc.
trading on the TSX-Venture as N, Organigram Holdings Inc. trading on the
TSX-Venture as OGI and the OTCQB as OGRMF and MYM Nutraceuticals Inc., trading on the CSE as MYM.
Namaste Technologies Inc. announced that the Company has received
official approval of the latest version of its NamasteMD cannabis telemedicine
App for Google Android devices, which is live in the Google Play store as of 8
AM EST August 23rd, 2018. Approximately 50% of mobile phone users in
Canada use Android devices. With the new launch of the apps on both iOS and
Android platforms, NamasteMD can now facilitate online patient consultations,
free of charge, within 15 minutes from sign-up on the App. The Company
anticipates launching real-time consultations through NamasteMD within the next
10 days. Further to the Company's Aug 22nd news release, NamasteMD
has achieved over 14,000 registered users, representing a 130% increase over a
2-month period. The Company anticipates significant acceleration in conversion
rates with additional exposure through the Google Play store.
Namaste has developed Canada's first fully-compliant medical cannabis
patient portal, available on iPhone or Android devices, which allows Namaste to
acquire patients faster and at a lower cost in comparison with other Licensed
Producers. Patients acquired through NamasteMD have access to purchase medical
cannabis through Namaste's cultivation partners. Under the terms of various
Educational Service Agreements, Namaste collects between 15-20% of the gross
revenue derived from patient purchasing through referrals to Licensed Producers
under NamasteMD. Namaste is presently partnered with over 10 Licensed
Producers.
With Namaste's medical cannabis "sales-only" license imminent,
the Company anticipates a sharp increased revenue and margin with Cannmart
booking full revenue amounts from patient ordering and the Company will aim to
maintain a minimum of a 50% gross margin on cannabis products sold directly on
its website.
Organigram Holdings Inc., the parent company of Organigram Inc, a
leading licensed producer of medical marijuana, announced that the Company has
signed a supply agreement with Nova Scotia Liquor Corporation (NSLC) in
anticipation of the launch of a legal, adult use recreational cannabis market
in the province.
"We are pleased to announce our supply agreement with NSLC,"
says Greg Engel, Organigram's Chief Executive Officer. "Our home markets
have always been a key priority for Organigram and this announcement solidifies
our position as the market leader here in the Maritimes. With supply
arrangements in place in six provinces, we take great pride in our place as a
national leader working towards a responsible, sustainable and successful
adult-use recreational cannabis market."
MYM Nutraceuticals Inc., announced that it has
entered into a partnership with the University of Sherbrooke to study the
medicinal and industrial uses of cannabis and hemp. Researchers at the
University of Sherbrooke will work with an on-site coordinator to create
partnerships by targeting expertise in various faculties and training centres.
During cannabis prohibition, research on its compounds and by-products
remained very limited. This partnership aims to explore the benefits of the
cannabis plant. "Université de Sherbrooke groups together a broad set
of skills in relation to the opportunities associated with cannabis," said
Vincent Aimez, Vice-President, Commercialization and Partnerships, University
of Sherbrooke. "MYM's contribution will help actively explore multiple research
projects. This is a completely new and highly promising multidisciplinary
partnership we wish to nurture and grow in the coming years."
Avenues of collaboration range from identifying the best alternative
energy systems in greenhouses to the effects of cannabinoids on the nervous and
immune systems. Research will also include: industrial materials manufacturing,
eco materials, hemp fiber biofuels and opportunities created from the
by-products of cannabis production.
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
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