Thursday, August 15, 2019

Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: Interview with Ionic Brands (CSE: $IONC.C) (OTC: $IONKF) CEO, John Gorst

Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: Interview with Ionic Brands (CSE: $IONC.C) (OTC: $IONKF) CEO, John Gorst



Delta, Kelowna, BC –August 15th, 2019 (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 Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.

Listen to the podcast:



Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

In today’s podcast Investorideas.com  interviews Ionic Brands (CSE: IONC) (OTC: IONKFCEO John Gorst, and he discussed the company’s recent announcement of the acquisition of Zootsa Washington-based premium cannabis edibles brand, as well as the cannabis retail and wholesale industry.

Zoots is a state-of-the-art, cannabinoid edibles company, and one of the first major players in the cannabis-infused edibles market. Zoots’ product line includes drops, gummies, energy shots and hard candies manufactured to offer consistent and reliable dosing.

Ionic Brands is focused on building a multi-state consumer-focused cannabis concentrate brand portfolio focusing on the premium and luxury segments. The cornerstone Brand of the portfolio, IONIC, is the #1 vaporizer brand in Washington State and has aggressively expanded throughout the West Coast of the United States. The brand is currently operating in Washington, Nevada, Oregon and California. IONIC BRANDS’ strategy is to be the leader of the highest-value segments of the cannabis market and expand nationally.

When asked what investors should be paying close attention to for the rest of 2019 and moving into 2020, John responded, “I think legislation is always something you should keep an eye on. It’s in a constant state of flux. I think one of the biggest inflection points coming up in the near future here is the Safe Banking Act. I think that if that gets passed and US investors and institutions are able to enter the market and fund cannabis companies that would be a huge inflection point. I think that what we are going through in the market, from a capital markets perspective is good. I think it’s a cleansing process. I think that your going to see a lot of good operators rise to the top, and I think you’re going to have a lot higher quality companies to choose from for individual investors.”

When asked about the future of Ionic Brands, John commented, “We've focused a lot of our resources on building out tier 1 infrascture. One of the biggest things that I think will be beneficial for us and our shareholders is the fact that we spent the time to focus on building the infrastructure, systems and operating procedures to scale this business out. Now we are ready to go out there and focus on growth.”

Ionic Brands recently announced that PharmaCann LLC’s Illinois dispensaries are exclusively launching Zoots Cannabis Infused Edibles and will be available this month, providing consistent relief for medical cannabis patients.
Verilife dispensaries, owned and operated by national vertically integrated cannabis operator PharmaCann, will offer drops, chews and energy shots from the Zoots line of products. “Zoots is an ideal fit for Illinois medical cannabis patients seeking relief through a premium edible product that delivers consistent and reliable results,” said Brett Novey, Chief Operating Officer for PharmaCann. “We are excited to offer Illinois patients access to the Zoots line of premium edible products initially through our Verilife branded dispensaries, with plans to extend this offering to patients throughout the entire state of Illinois via our extensive wholesale network.”
John Gorst also informed me that Ionic Brands expects to release their Q2 financial results within the next coming weeks and to find out more information on Ionic Brands visit their website here.
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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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 AI Eye Podcast and column covering developments in AI. 

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How #Retail and #Ecommerce #CBD Outlets are Generating Revenue - (OTC: $HIPH) (OTC: $PURA) (OTC: $MCOA) (OTCQB: $RMHB) (TSX: CRON.TO) (NASDAQ: $CRON)

 How #Retail and #Ecommerce #CBD Outlets are Generating Revenue - (OTC: $HIPH) (OTC: $PURA) (OTC: $MCOA) (OTCQB: $RMHB) (TSX: CRON.TO) (NASDAQ: $CRON)

Point Roberts WA, Delta, BC –August 15, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot focusing on the growth of retail and e-commerce CBD sales in the US which are beginning to generate early revenues for hemp/CBD companies.

A recent article in Forbes discussed the uptake of retail sales in the CBD space. “The CBD market is moving towards mainstream retailers and is projected to be over $20 billion in sales by 2024. Walgreens, Sprout, CVS, Ulta Beauty, GNC Holdings, Urban Outfitters are just a handful of retailers offering or looking to offer, CBD products to consumers.”


Cronos Group ( TSX: CRON) (NASDAQ:CRON, a Toronto-based marijuana company, predicts CBD customers in the United States will be the “largest contributor” to its sales over the next couple of years.

The comments came as Cronos released its first earnings report since the company announced plans to spend $300 million in the U.S. hemp market through the acquisition of four operating subsidiaries of Los Angeles-based Redwood Holding Group.

“It’s fair to estimate that the U.S. CBD market will likely be the largest contributor (to sales) over the next year or two,” Cronos CEO, Michael Gorenstein said.

American Premium Water Corporation (OTC: HIPHannounced that it is reaffirming its $1 million revenue guidance for fiscal year 2019. The projection is based on existing orders and future orders in the Company’s pipeline from its LALPINA CBD water, partnerships and co-branded product leveraging the Company’s proprietary Hydro-Nano technology, expanded distribution of Vanexxe, and other initiatives in the pipeline; a more comprehensive breakdown:

      Two-Container Order: the Company received a two-container order from a distributor in the UK. The Company has begun delivery of order
      US Distributors: the Company is in discussions with distributors in New York, New Jersey, Pennsylvania, Florida, California, Missouri, Nevada, Arizona and Oklahoma.
      International Distribution: The Company is engaged in discussion with distributors in Mexico, Columbia, Australia and Thailand
      CBD Pet Water: The Company’s joint venture with LinkRes Pets is slated to launch for sale this August
      Hanlons Brewery: the Company is finalizing testing with Hanlons Brewery and is looking to roll-out the CBD infused beer by the start of the 4th quarter
      THC Formulation: the Company is looking to launch its THC version of its proprietary Hydro Nano formulation by the end of this year in California
      Vanexxe: the Company is in discussions with several big box retailers for retail and e-commerce distribution.
      Partnerships and JVs: the Company has been engaged in working with other partners on marketing, branding, and distribution in the CBD and non-CBD sectors.        

American Premium Water Corporation CEO, Ryan Fishoff, commented: “The Company is confident that it will achieve its $1million revenue guidance for the year. Our goal is to surpass this number and I believe we are on track to accomplish this. Despite the volatility in the market, nothing has changed; the Company remains committed to executing its business plan and achieving short and long term benchmarks. We have begun the two year audit with Weinberg & Co. and are working towards becoming fully reporting by the end of the year. There is a lot in the pipeline; management is working feverishly to get all these initiatives off the ground as investments that the Company has made in acquisitions, intellectual capital, and products are beginning to pay off. Aside from everything that’s been discussed in the public domain, there are other partnership and acquisition discussions that are currently underway. It’s a very exciting time for the Company; as progress is made, I look forward to updating shareholders on developments as soon as I’m able to.”  

LALPINA CBD water can now be purchased online by visiting https://www.singleseed.com/product/lalpina-cbd-water-6-pack/

Puration, Inc. (OTC: PURA) and Kali-Extracts recently confirmed adding CBD infused tea to its new line of CBD beverage partnerships. 

Last week, PURA and KALY published a management presentation to provide shareholders with more details on PURA’s recently implemented program to introduce CBD infused versions of existing third-party beverages.  PURA has recently announced plans to introduce a CBD infused beer in partnership with an existing beer producer.  In similar fashion, PURA is partnering with an existing coffee producer to introduce a CBD infused coffee.  In conjunction with the presentation published last week, PURA announced a third partnership to develop CBD infused tea. Additional partnerships are in the works. 

PURA is a leading CBD infused beverage company having produced over $1 million in CBD beverages in the United States last year.  PURA has targeted $4 million in sales for 2019.  The presentation is included in its entirety on the company’s website.

PURA works closely with its partner KALY, the owner of a US-Patented cannabis extraction process in the implementation of the plan to introduce infused versions of existing beverages.

MARIJUANA COMPANY OF AMERICA INC.  (OTC: MCOA), an innovative hemp and cannabis corporation, and joint venture partner Global Hemp Group Inc. announced that their joint venture subsidiary, Covered Bridge Acres Ltd. has started generating revenue through operations at its hemp farm in Scio, Oregon.

Through a combination of the sales of raw biomass, plantlets, CBD crude oil and CBD distillate produced from various processing test runs, along with other farm operations, CBA generated $525,500 in its first year of operation.

In its most recent transaction, CBA sold 10,000 lbs of shucked biomass to an Oregon extraction facility for $400,000. The CBA team is currently working with this party and a number of others, to complete the purchase of the remaining inventory.

Initially, CBA was expecting to monetize the 2018 hemp biomass after entering into a processing agreement with Richardson Gap Farm LLC (RGF), as disclosed on May 18, 2019. However, RGF was unable to process CBA’s biomass due to unforeseen issues with its processing equipment. Although RGF produces high quality distillate, CBA was no longer willing to delay the monetization of its biomass any further and decided to sell the biomass to another extractor. With multiple offers on the table to purchase the biomass, CBA shucked the biomass (removed stalks and stems) and completed the sale.

CBA still has approximately 4,000 lbs of un-shucked biomass out for processing into distillate by additional extractors, and will split the final product on a 50/50 basis with its joint venture partner, Marijuana Company of America, Inc. (OTC: MCOA). Once processed, it will be sold along with inventory on hand (8 kg of 92% distillate that was processed by RGF from crude oil CBA received from other processors test runs). Recent sales of this type of distillate have been in the $4,000 per kg range.

Innovation and mechanization are key components to reducing labor costs on the farm. In preparation for the handling of this year’s harvest, the CBA team specifically designed a shucking machine to remove the flowers and leaves from the stalk and stems and is in the process of fabricating a prototype, having reserved a small amount of biomass to test the equipment. Once shucked, the biomass will be processed into distillate for sale on the open market later this summer.

Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management Company specializing in high-quality health and wellness products, announced that it has entered into an agreement with Water Event Pure Water Solutions of Carrollton, Texas to distribute hemp-derived CBD products to its expanding 15,000 home, office and retail customer base.

Established in 1971, Water Event is independently owned and operated by Brian Rose, who has been in the home and office water delivery business for over 34 years. The corporate office, manufacturing facility and retail store are in Carrollton, Texas. The company also operates warehouse distribution facilities in Houston, Austin, and Sherman/Denison. Water Event is also in the water filtration and water bottling business.

Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands said, “Water Event’s fleet of delivery trucks service 15,000 customers in the highest population growth areas in Texas, including Dallas/Ft. Worth, Houston, Austin/San Marcos, San Antonio, and Sherman/Dennison. Their customers include office buildings, residential homes and select retail establishments. The Company’s agreement with Water Event includes our HEMPd Wellness for Life Products:

      Tinctures
      Water Soluble Solution
      Capsules
      Gummies
      Salve
      Lotion
as well as our HEMPd CBD-Infused Flavored Waters, our Rocky Mountain Hemp Seed Extract-Infused beverages, and our Rocky Mountain High Hemp-Infused Energy drinks.”
Mr. Welch continued, “Water Event has solidified its place as the premier home and office delivery service in Texas because of their quality of products and extraordinary customer service. For us to be able to sell our hemp-derived CBD products alongside someone with Mr. Rose’s credentials and customer base puts us on the forefront of a rapidly growing Texas market.”

Mr. Welch concluded, “We are pleased to have the opportunity to expand our relationship with Water Event and Mr. Rose. In fact, we have our next bottling run of Eagle Spirit Spring Water scheduled for the week of August 5, 2019 at Water Event.”

Brian Rose, owner of Water Event, stated, “Now that Texas has passed a law allowing the sale of CBD oil, there is a tremendous opportunity in this exciting product category. It is important to have the right CBD products on my trucks. I chose Rocky Mountain High Brands due to their high standards and involvement with the U.S. Hemp Roundtable and that gives me confidence that their products are safe, legal, and are some of the best in the industry. By partnering with Rocky Mountain High Brands, Water Event is harnessing the expertise and capabilities of a dynamic young hemp company to accelerate my company’s growth.”

As more retailers look to expand their CBD offerings and as brand awareness builds for online sales we should start to see if market projections meet reality over the next 4 quarters and if the revenue predictions based off of early demand will hold and rise as is expected.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

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 AI Eye Podcast and column covering developments in AI. 

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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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
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Wednesday, August 14, 2019

Investorideas.com - Cannabis Stock News: Harvest One (TSX-V: $HVT.V) (OTCQX: $HRVOF) Announces Completion of Phase I of the Shoppers Drug Mart & TruTrace Technologies Pilot Program for Validation of Medical Cannabis

Investorideas.com - Cannabis Stock News: Harvest One (TSX-V: $HVT.V) (OTCQX: $HRVOF) Announces Completion of Phase I of the Shoppers Drug Mart & TruTrace Technologies Pilot Program for Validation of Medical Cannabis

Get the latest Cannabis and Hemp stock news from www.investorideas.com

Investorideas.com - CSE New Cannabis Stock Listing: Ayr Strategies Inc. (AYR.A, AYR.WT, AYR.RT)

Investorideas.com - CSE New Cannabis Stock Listing: Ayr Strategies Inc. (AYR.A, AYR.WT, AYR.RT)

Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (TSX: $TGOD.TO) (TSX: $WBR.TO) (CSE: $TTT.C) (CSE: $AGRO.C) (CSE: $TER.C)

Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (TSX: $TGOD.TO) (TSX: $WBR.TO) (CSE: $TTT.C) (CSE: $AGRO.C) (CSE: $TER.C)



Delta, Kelowna, BC –August 14, 2019 (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 Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.

Listen to the podcast:



Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

In today’s podcast we look at a few early announcements.

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODFreported its financial and operational results for the three and six months ended June 30, 2019. These filings are available for review on the Company's SEDAR profile at www.sedar.com.

Q2 Highlights:
The Company:
     Is nearing completion of construction at its Hamilton site and Phase 1 at its Valleyfield site, with investment amounting to $53.1 million in the second quarter of 2019, bringing the total additions year to date to $100.9 million.
     Achieved revenues of $2.9 million, a 20% increase over the prior quarter derived primarily from Europe. In Canada, the Company launched its pilot "Grower's Circle", which included sales to a small number of medical patients to test the market and the Company's distribution capabilities. The Company launched two new products in Q2 and expects to start a similar pilot in the Ontario recreational market during Q3-2019.
     Experienced a net loss of $16.6 million for Q2-2019. Management continued to maintain a disciplined approach to operational costs as it prepares for commercialization of its products in Canada and internationally.
Other key updates in the quarter
The Company:
     Announced provincial board supply agreements with Alberta Cannabis and BC Cannabis Stores, expanding its footprint in Western Canada.
     Achieved its organic certification for the Valleyfield facility from Pro-Cert, an internationally recognized organic certification organization.
     Signed a distribution agreement with Mediakos UG haftunsbeschraenkt to be the exclusive distributor of CannibiGold, HemPoland's premium hemp CBD brand, for the German pharmacy market. In addition, the Company launched its Global Strategic Hemp Division.
     Entered into a multi-year agreement with Neptune Wellness Solutions Inc. for extraction, formulation and packaging services. As part of the agreement, the Company will have exclusivity on extraction, formulation and packaging of certified organic products within and for the Canadian market.


"Q2 was pivotal for the Company as we began commercial production in the second phase of our Hamilton site and expanded our product line for the Grower's Circle," commented Brian Athaide, CEO of TGOD. "The product quality feedback from the Grower's Circle has been overwhelmingly positive, confirming that patients appreciate having access to premium certified organic cannabis, an underserved segment of the market.  With double digit quarterly growth in Europe and construction nearing completion in Canada, the team continues to deliver on our ambitious business plan with executional excellence.  We now have our first purchase order from the OCS in hand and look forward to shipping our first recreational sales this week," continued Athaide.

Waterloo Brewing Ltd. (TSX: WBR), Ontario's largest Canadian-owned brewery, today announced receipt of its research license for cannabis-infused beverages. The Company is on track to be ready to commercially produce such products for 2020.

"The cannabis market has garnered a great deal of investor interest and after an in-depth review of our strategic options, the Company is positioning itself to be a major producer of CIB's and to take full advantage of this new and developing beverage category," stated George Croft, President and CEO, Waterloo Brewing. "We plan to be the production partner of choice for the beverage cannabis business."

"Cannabis-infused beverages is an unprecedented growth opportunity with an estimated market value of $1.5 billion," concluded Croft "and we are now in a highly advantaged position to deliver significant value for our investors."

"We believe that due to technical infrastructure issues related to the licensing and commercial production of cannabis-infused beverages, we will be one of the few beverage production facilities capable of producing these products," said Russell Tabata, Chief Operating Officer.  "We have the equipment, the scale, the technical know-how and the speed to be able to pull this off in this extremely tight timeframe," added Mr. Tabata.

Shoppers Drug Mart today announced the successful completion of Phase 1 of its blockchain-secured pilot program with software partner TruTrace Technologies Inc. (CSE: TTT) (OTCQB: TTTSF). The Pilot Program is specifically designed to increase transparency, interoperability and product identification within the medical cannabis industry. Shoppers has now engaged TruTrace and Deloitte Canada LLP  to execute Phase 2 of the Pilot Program, with full production and implementation of TruTrace's StrainSecure platform targeted for late November 2019.

Phase 2 of the Pilot Program, using Deloitte's project management and advisory capacity and TruTrace's StrainSecure™ system, will be focused on developing a unified approach to medical cannabis standards, onboarding licenced producers and other partners to track and trace all product history—from genome to distribution.  The program is expected to help researchers and clinicians to match therapeutic outcomes to specific genetic and chemical profiles, and provide physicians, pharmacists, and patients with greater confidence in the products they prescribe or consume.

Under their StrainSecure™ system, the TruTrace team collects plant testing data and performs genomic verification in plant batches which are then registered in a blockchain-enabled database for intellectual property protection and strain validation. All information gathered from the plants, including their molecular and chemical makeup, can be tracked via the technology.

"We have been encouraged by the response to this traceability initiative. There is a clear consensus within the cannabis industry that the source and quality of medical cannabis must be transparent and identifiable in order to meet the expectations of patients and health care practitioners," said Ken Weisbrod, Vice President of Business Development, Shoppers Drug Mart. "It is more important than ever to be able to assure all stakeholders, from regulators to health care practitioners, that the medical cannabis industry is taking the necessary steps to establish the infrastructure required to deliver standardized, consistent medication to our patients.  Shoppers has turned to two trusted leaders, TruTrace and Deloitte Canada LLP, to assist us in the second phase of the project."

"As the cannabis sector continues to rapidly evolve in Canada, the industry needs to increase transparency to all stakeholders by demonstrating adherence to rigorous procedures to maintain the overall integrity of the supply chain," said David Stewart, Partner within Deloitte's Forensics practice. "Strengthening traceability and verification of cannabis products will bring benefits to the industry as a whole, and most importantly, build confidence and accountability into the cannabis medical value chain. We are proud to be part of such an important initiative given Deloitte Canada's leadership in the cannabis space."

Agrios Global Holdings Ltd. (CSE: AGRO) (OTCQB: AGGHFprovided an update on its data driven aeroponics platform.
Arable soil scarcity, climate change and higher recurrence of extreme weather events are prompting a shift from outdoor to indoor farming which has eco sustainable methods and less environmental impact. According to GBC, an independent research firm, Agrios, a developer of disruptive technology in the field of agri-tech, is "entering a growth phase" as the global need for agri-tech innovations to support eco-sustainable agronomy increases.
Agrios' data-driven aeroponic technology can be used for any type of indoor cultivation. The Company's aeroponic cultivation facilities are equipped with high precision sensors collecting actionable data on 32 key cultivation metrics. Real time data is sent to Agrios' proprietary software, where data analytics allow for precision cultivation, enabling control of numerous variables, including but not limited to, temperature, humidity, lighting, air quality, water, and nutrients.
Agrios' state-of-the-art aeroponic technologies are an attractive solution for the cannabis cultivation industry as cannabis requires specific conditions to grow well and cultivators must ensure these conditions are optimized. Aeroponics greatly reduces the uncertainty of the growing process and makes the duplication of results from one growth cycle to the next one possible.
A major factor in the production of cannabis is the cost of production and achieving consistent product quality. The table below provides an overview of the costs of several cultivation methods. While the cost to produce is lower in an outdoor grow facility, producers are limited to cultivating between one to two crops annually, where Agrios' aeroponic cultivation clients can harvest an average of five times per annum.
Comparatively, growers that use Agrios' indoor aeroponic platform can produce premium quality flower for approximately $1.00 per gram, with higher yields of between 2.5 and 4.0 kilograms per m² annually, nearly five times that of greenhouse yields and ten times that of outdoor yields.
"Agrios' data-driven aeroponics platform is highly advantageous to cannabis cultivators, as it substantially lowers operating costs in the areas of energy, labor, nutrient and water consumption, enabling our clients to remain competitive in today's cannabis market." said Chris Kennedy, President & CEO of Agrios Global Holdings.

TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) today announced that it has completed its first international shipment of dry cannabis flower to its German distribution partner iuvo Therapeutics GmbH.  The shipment was made from TerrAscend's EU GMP certified manufacturing facility in Mississauga, Ontario, Canada. As the Company ships additional product to Germany in partnership with iuvo, it will continue to expand its footprint in Europe and other international markets. The Company looks forward to providing investors with updates on such expansion activities.

TerrAscend and iuvo, respectively were granted an Export Permit by Health Canada, under the Cannabis Act, and an Import Authorization from Germany's Federal Institute for Drugs and Medical Devices, following the issuance of the Company's EU Good Manufacturing Practice ("GMP") certificate on April 29, 2019. TerrAscend is one of only six companies with a GMP certified cannabis facility.

It is expected that the German cannabis market will generate more than $5 billion in revenue by 2025. With more than 30,000 current medical cannabis patients in Germany and upwards of 7,200 kg in annual medical patient consumption, the TerrAscend-iuvo partnership presents an exciting opportunity to fulfill the growing needs of medical cannabis patients in Germany.

"We look forward to bringing TerrAscend's quality products to the German market and working with a partner who is also focused on patient well-being," said Robyn Rabinovich, VP, Cannabis Strategy and Partnerships, "This first shipment solidifies our partnership with iuvo and will allow for ongoing access to high quality medical cannabis products for German patients."

"We are pleased to commence our first shipment to Germany together with our partner TerrAscend." Said Daniel Seidi, Director and Co-Founder of iuvo "In close collaboration we have successfully established a fully EU GMP/GDP licenced supply-chain of our pharmaceuticals. This places us in a unique position to respond to the supply-deficiency within the EU in the interest of the patients in need."

THORNTON GROUT FINNIGAN LLP AND ROCHON GENOVA LLP have together commenced a class action in Ontario on behalf of shareholders of CannTrust Holdings Inc. (TSX: TRST) (NYSE: CTST) who acquired their CannTrust common shares between October 1, 2018 up to and including July 8, 2019. The class action seeks damages from CannTrust, certain of its officers and directors, and its auditors KPMG, arising out of alleged misrepresentations in CannTrust's required public disclosure, including its 2018 audited annual financial statements.                       
Joel P. Rochon, Managing Partner at Rochon Genova, said: "Accurate and timely public disclosure is the lifeblood of our capital markets. Investors are entitled to full, true and plain disclosure about Ontario reporting issuers. Proper disclosure levels the playing field among all investors and enables them to make informed decisions."
John L. Finnigan, Founding Partner at Thornton Grout Finnigan, said: "The integrity of our capital markets depends upon timely and accurate corporate disclosure. Gatekeepers, such as auditors, play a critical role in protecting investors; and this is particularly so when dealing with a nascent industry like cannabis."
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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