Investor Ideas #Potcasts #Cannabis News
and #Stocks on the Move: TSX: $WEED.TO,
NYSE: $CGC, NADSAQ: $CRON, TSX: $CRON.TO, CSE: $THC.C, CSE: $CRZ.C
Delta, Kelowna, BC - August 9, 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/08091Potcasts-TSX-WEED-NYSE-CGC-NASDAQ-CRON-CSE-THC-CRZ.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 THC BioMed Intl Ltd
trading on the CSE as THC, CannaRoyalty
Corp. trading on the CSE as CRZ, Canopy Growth Corporation trading on
the TSX as WEED and the NYSE as CGC and Cronos Group Inc. trading on the NASDAQ
and the TSX as CRON.
THC BioMed Intl Ltd announced that it has developed a cannabis beverage
that mimics alcohol in that the uplifting and energizing effects of the
cannabis is felt by the consumer in a short period of time. THC believes that
this beverage is a solution to a major problem with cannabis beverages and
edibles, as current products cause fatigue and drowsiness.
John Miller CEO comments "THC has conducted extensive research on
cannabis edibles and beverages and I have found our product to be exclusive in
its category. Our product is absolutely unique in contrast to other products in
the industry that simply cannot deliver the expected experience, especially if
you are a frequent cannabis user. We are thrilled to have formulated a cannabis
beverage that is purely organic, works in a recreational setting and can offer
even the most seasoned consumers an entirely new and invigorating
experience."
Furthermore, it is the first cannabis beverage known to THC that
delivers both mental and body highs through ingestion. THC intends to patent
this formula and the Company is confident its beverage, to be named "THC
KISS", when legally allowed, will bring a fresh experience to the adult
use recreational cannabis market.
Although production and sale of the beverage is not currently legal in
Canada, it may become legal at a later date.
CannaRoyalty Corp., a leading North American
cannabis products and brands company, today announced the close of the previously
announced acquisition of its investee company Anandia Laboratories Inc. by
Aurora Cannabis Inc. for approximately $115 million.
Under CannaRoyalty's formerly disclosed investment relationship with
Anandia, CannaRoyalty initially invested approximately $4 million in Anandia,
in February 2017. With the close of the Acquisition, CannaRoyalty's equity
stake in Anandia is valued at approximately $17 million based on the closing
price of Aurora shares on August 8, 20181, representing a return on
investment of approximately 315% for the Company's shareholders.
Canopy Growth Corporation announced the acquisition of all remaining
outstanding shares of its Chilean in-market entity, Spectrum Cannabis Chile
SpA.
This transaction brings Spectrum Cannabis Chile fully under the
Canopy Growth umbrella and directly supports the Company's plans for
development within the LATAM region which is home to more than 600 million
people. Thanks to progressive regulations and Government support, Chile is
known throughout Latin America as an ideal location for medical and
pharmaceutical research. The country has more clinical studies per resident
than any other in Latin America.
In line with the Company's strategy of leveraging the strengths of each
country, Chile will continue as Canopy LATAM's regional research and
development hub. Currently, Spectrum Cannabis Chile has a pain management
focused clinical trial underway. The trial which has been approved at both
Phase I and Phase II was designed by Dr. Serio Sánchez, a Chilean doctor,
medical cannabis pioneer, and the founder of Cannabis Chile, one of the
country's leading cannabis advocacy groups.
In addition to advancing this clinical trial, Dr. Sánchez has joined the
leadership team of Spectrum Cannabis Chile and will bring his extensive
experience to the organization by serving as the Chilean medical lead. He will
also serve on the Medical Board for Canopy LATAM, the company's regional
headquarters. Having treated over 5000 patients with medical cannabis, Dr.
Sánchez has a wealth of experience in evaluating and advancing the recognition
as well as use of cannabis-based medicines.
Cronos Group Inc. announced that it has entered into a supply agreement
with one of the largest cannabis companies in the world by revenue in the first
quarter of 2018, Cura Select Canada, Ltd. Cura is on a mission to be the
leading provider of premium cannabis oil and hemp oil to the legal U.S. and
international markets, and will enter the Canadian market to supply domestic
and international channels through this agreement.
The Company has signed a five-year take-or-pay supply agreement to
purchase a minimum of 20,000 kilograms of cannabis per annum from Cronos
Growing Company Inc. Cura expects to build its proprietary, state-of-the-art
extraction facility on a parcel of land owned by Original BC ("OGBC")
in the heart of Okanagan Valley, British Columbia. Given the commitment that
both companies have to providing consumers with the best product quality,
Cronos will be selecting and cultivating ideal strains for Cura's extraction
methodology. The new facility is intended to serve as Cura's hub for the
Canadian and international market.
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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