Tuesday, November 17, 2020

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 496 (NASDAQ: $GNLN), (CSE: $JUVA.C) (TSX: $VLNS.TO)

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 496 (NASDAQ: $GNLN), (CSE: $JUVA.C) (TSX: $VLNS.TO)

Today's podcast sponsored by Cannabis Suisse Corp. (OTC: $CSUI), a fully licensed cannabis cultivation and distribution company in Switzerland

 


Delta, Kelowna, BC, November 17, 2020 (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 podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/111720-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/11171GNLN-JUVA-VLNS.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Today’s podcast overview/transcript:

 

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.

 

Today’s podcast is sponsored by Cannabis Suisse Corp. (OTC: CSUI ), a fully licensed cannabis cultivation and distribution company in Switzerland, for recreational tobacco products and medical CBD oils. The Company's facilities for producing cannabis are based in Dietikon, Switzerland, and contain the art surveillance equipment to enable an around the clock webcast. Cannabis Suisse grows high quality, organic cannabis with sustainable, all-natural principles. The Company's products are laboratory tested to ensure the end users have access to a standardized, safe and consistent product. Cannabis Suisse proprietary trademarked MoldStandard is a quantitative microbiology method for analyzing yeast and mold counts in harvested cannabis plants. Cannabis Suisse proprietary trademarked CannaMec is a method for quantifying and removing residual solvents during packaging and storage of CBD products. Cannabis Suisse Corp. currently sells via a distribution network of Swiss retailers and online shops, under the retail brand Alpine Cannabis.

 

In today’s podcast we will be looking at a few public announcements.

 

 

Greenlane Holdings, Inc. (NASDAQ: GNLN), one of the largest global sellers of premium cannabis accessories and specialty vaporization products, reported its financial results for the third quarter ended September 30, 2020.

Third Quarter 2020 Highlights

      Net sales of the Company's Greenlane Brands grew approximately 65% to $5.6 million in Q3 2020 compared to $3.4 million in Q3 2019;

      Core revenue (defined as non-nicotine revenue) grew 36% to $32.3 million in Q3 2020, compared to $23.8 million in Q3 2019;

      Total revenue grew 10% to approximately $35.8 million in Q3 2020 compared to $32.4 million in Q2 2020;

      Excluding the impact of certain inventory adjustments which incurred in the quarter, gross profit would have been $7.3 million or 20.4% of net sales, a 610 basis point year over year improvement in gross profit percentage as compared to Q3 2019;

      Expanded management team through key hires to support Greenlane sales and marketing efforts in North America and Europe;

      Launched a first-of-its-kind line of responsibly sourced, precision-manufactured, pre-rolled cones made from organically-sourced paper exclusively processed in France and sealed with 100% natural Arabic gum;

      Obtained the exclusive right to expand the availability of Marley Naturals Accessories to specialty locations in Europe, Central and South America, and the Caribbean;

 

“During the third quarter, with the help of our new senior leadership team, we acted on several key initiatives related to our go forward category emphasis, organizational structure, and related staffing levels. Building on the success we've achieved in growing Greenlane brands and non-nicotine sales year over year by 65% and 36%, respectively, we've taken additional decisive steps to de-emphasize certain product lines, invest in our fastest growing and highest margin opportunities, and further reduced our headcount by 4.5%,” said Aaron LoCascio, Greenlane’s Chairman and Chief Executive Officer. “While this has had an impact on our Q3 financials, we believe these decisions have positioned Greenlane to return to near-term profitability and long term success."

 

Mr. LoCascio added, "We are building a comprehensive suite of high-quality, Greenlane branded products which will enable us to capture more of the margin on each product we sell. At the same time, we continue to work very closely with our brand partners to launch innovative new products into the market leveraging our best-in-class global distribution platform. I remain very encouraged that we are on track to enter 2021 on a solid footing, returning to positive adjusted EBITDA in the first quarter as a result of the changes we have implemented.”

 

Juva Life Inc. (CSE: JUVA) (OTC: JUVAF), a premier California based multi-faceted life sciences company focused on the commercialization of Cannabis products and formulations, announced the commencement of trading its common shares on the Canadian Securities Exchange (“CSE”) under the ticker symbol “JUVA.” Additional information is being updated on the Company website at www.juvalife.com.

 

Juva Life Inc. USA, a California corporation and wholly owned subsidiary of Juva Life Inc. (as of May 30, 2019) was originally incorporated in 2018 and represents the culmination of decades of concentrated effort in the cannabis sector. Juva Stockton Inc., a wholly owned subsidiary of Juva Life Inc., holds a Conditional Use Permit (“CUP”) from the city of Stockton, California which, subject to certain conditions, permits the Company to cultivate, manufacture, distribute and deliver cannabis for the medical and recreational markets within the State. Juva Stockton successfully launched its delivery service from this location on the 16th of October 2020. Additionally, in January 2020, after a 2.5-year process, Precision Apothecary Inc, a wholly owned subsidiary of Juva Life Inc., now holds a CUP allowing for a Microbusiness operation in the City of Hayward, California. This permit allows Juva to cultivate, manufacture, distribute and operate a retail cannabis storefront and delivery business in that municipality. Concurrently, the Company’s Redwood City delivery location has been fully operational since February 2020 and has experienced double-digit growth month over month since commencement of operations.

 

Under the guidance of founder & CEO Doug Chloupek, the Juva Life team brings together over 20 years of extensive leadership experience in the cannabis sector. Their knowledge and experience provide operational oversight and understanding of the California cannabis market. The Company is comprised of six divisions: cultivation, research, manufacturing, distribution, retail, and delivery. Each division services specific vertical markets within a fully integrated framework under the guiding premise of commercially engaging the many ways cannabis can fundamentally improve individual quality of life.

 

Mr. Doug Chloupek, CEO and Founder of Juva Life Inc. states, “Our journey has been truly extraordinary to-date. We are extremely grateful to have completed an extraordinarily successful Regulation-A+ financing along with several traditional financings. These financings have provided us the cash on hand to execute our strategy while concurrently moving ahead with today’s public listing and access to an even broader investment community. We are thrilled to start our journey as a publicly listed issuer today. We sincerely value the participation of the investment community and have made it a key pillar and measure of our success to strategically build shareholder value as we forge ahead in this exciting and evolving industry sector.”

 

As part of the Company’s disclosure obligations as a public issuer, ongoing financial and material filings can be found on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

 

The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCFannounced the addition of SōRSE Clear, a stable, clear emulsion with a minimal sensory profile, to the SōRSE by Valens offering for CBD isolate product formats.

 

SōRSE Technology is a water-soluble emulsion technology designed for product developers to provide consumers with a more consistent cannabinoid experience with user-controlled dosing, demonstrated shelf-stability, and safe ingredients. The Valens Company has been leveraging this emulsion technology to transform cannabis extracts into water-soluble forms and to infuse beverages, edibles and topicals without a cannabis aroma and after-taste.

 

"As the exclusive partner for the development and custom manufacturing of best-in-class cannabis derivative products in Canada, having access to the highest quality cannabinoid emulsion technology is critically important," said Tyler Robson, Chief Executive Officer of The Valens Company. "We have made great strides revolutionizing many of our product lines with SōRSE by Valens, including more mature formats such as tinctures, and the addition of SōRSE Clear will only deepen our ability to innovate a diverse portfolio of products for the forthcoming 3.0 market."

 

SōRSE Clear is currently available in a liquid format and contains safe, vegan, allergen-free ingredients. The new emulsion offering features multiple benefits including stability, safety, improved sensory experience, homogeneity, and seamless integration. SōRSE Clear also complies with all the main safety and testing protocols, including Good Manufacturing Practices (GMP) and The Global Safety Food Initiative (GFSI).

 

Howard Lee, Chief Executive Officer of SōRSE, said, "We believe that SōRSE Clear is a game-changer for the cannabis industry and we have no doubt that The Valens Company will harness this technology to continue to formulate the most innovative, premium cannabis-infused products for Canadian consumers."

 

Lastly, on an unrelated note to cannabis we look at NeoPollard Interactive LLC who was “proud to announce its successful launch into the Canadian market through its new agreement with the Alberta Gaming, Liquor and Cannabis Commission ("AGLC").

Contracted as the operator of AGLC's program, PlayAlberta.ca, NPi deployed its cutting-edge technology, a full suite of managed services, and its top performing game content on September 30, 2020.

 

"PlayAlberta.ca is another way AGLC is implementing its promise to generate revenues for the benefit of Albertans," said Alain Maisonneuve, President and CEO of AGLC. "AGLC is excited to work with NPi and apply their vast experience as we provide a regulated online gambling website that will offer players expanded entertainment options with integrated responsible gambling features and generate revenue to support valuable programs and services Albertans rely on every day."

 

What a sad day for Canada and more specifically Alberta in this case.

 


Once again, today’s podcast is sponsored by Cannabis Suisse Corp. (OTC: CSUI ), a fully licensed cannabis cultivation and distribution company in Switzerland, for recreational tobacco products and medical CBD oils. The Company's products are laboratory tested to ensure the end users have access to a standardized, safe and consistent product. Cannabis Suisse Corp. currently sells via a distribution network of Swiss retailers and online shops, under the retail brand Alpine Cannabis.

 

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that 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.

 

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

Investorideas.com podcasts are also available on iTunes,  Spotify, Google Play Music, Stitcher, Spreaker,   YouTube via 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, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , 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 , Exploring Mining  the AI Eye .

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. Disclosure: Cannabis Suisse Corp. (OTC: CSUI),is a paid featured company on Investorideas.com More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Get more Cannabis Stock Investor Ideas – news, articles, podcasts and stock directory

Thursday, November 12, 2020

Investorideas.com - Cannabis Deal Tracker: Investment and M&Amp;A Activity in the Cannabis Industry November 2nd - November 6th, 2020

Investorideas.com - Cannabis Deal Tracker: Investment and M&Amp;A Activity in the Cannabis Industry November 2nd - November 6th, 2020

Investorideas.com Newswire - Cannabis Stock News: Cannabis Suisse Corp. (OTC: $CSUI) Announces TerpX5 - 'Your Personal Natural Sleep Formula' within Swiss4Life CBD Brand

Investorideas.com Newswire - Cannabis Stock News: Cannabis Suisse Corp. (OTC: $CSUI) Announces TerpX5 - 'Your Personal Natural Sleep Formula' within Swiss4Life CBD Brand

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 495 (TSX: $TGOD.TO) (OTC: $TGODF) (OTCQB: $AMMJ) (TSX: $FIRE.TO) (CSE: $RVV.C)

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 495 (TSX: $TGOD.TO) (OTC: $TGODF) (OTCQB: $AMMJ) (TSX: $FIRE.TO) (CSE: $RVV.C)

 


Delta, Kelowna, BC, November 12, 2020 (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 podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/111220-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/11121TGOD-AMMJ-FIRE-RVV.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

 

Today’s podcast overview/transcript:

 

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 will be looking at a few public announcements.

 

American Cannabis Company, Inc. (OTCQB: AMMJ), a full-service business-to-business cannabis and hemp consulting solutions provider, announced its approval for an Operator’s License by Colorado’s Marijuana Enforcement Division (MED).

 

On November 10, 2020, Colorado’s Marijuana Enforcement Division (MED), approved the Company’s application for an Operator’s License, allowing it to now manage and operate both recreational and medical cannabis operations throughout Colorado. This recent approval is key in the Company’s plan to effectively roll out its management services to operators who seek to improve their overall business efficiencies. In addition to this approval for an Operator’s License, the Company recently received MED approval for a Suitability License, establishing the Denver-based company as one of the few publicly traded companies authorized to acquire and operate various cannabis licenses throughout Colorado.

 

Terry Buffalo, Chief Executive Officer of American Cannabis Company, commented, “We are happy to now have the ability to deploy our operational management platform across the Colorado market as we seek to continually expand our service offerings. We provide our suite of management services to those who may need guidance in various areas of business related to cultivation, retail or extraction operations. In having secured both suitability and operators licenses within Colorado, we now have a multi-pronged approach in advancing our brand forward in this market. As we effectively work to implement our growth strategies, we will actively deploy our management platform while continuing to pivot our business model and advance brand expansion efforts by looking at multiple operational acquisition opportunities.”

 

The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWFannounced that the Company has entered into a supply agreement with Medical Cannabis by Shoppers Inc., a subsidiary of Shoppers Drug Mart Inc.

 

Under the terms of the supply agreement with Medical Cannabis by Shoppers Inc., the Company will offer Truverra-branded medical cannabis products through the Medical Cannabis by Shoppers™ online sales platform accessible to patients across Canada.

 

"This is an important development that establishes Truverra as a valuable medical cannabis brand and provides further diversification of our revenue," said Beena Goldenberg, President and CEO of Supreme Cannabis. "We are particularly pleased to introduce Truverra to Canadian patients, who will be able to order dried flower, pre-rolls and full-spectrum CBD oil. Included in our offering will be our Jean Guy strain, which is a tribute to the legendary variety offered by the Montreal Compassion Club. Also, through the Shoppers portal, patients can be assured of expert customer service from a trusted brand."

 

The Medical Cannabis by Shoppers online platform is a convenient and trusted source of quality medical cannabis, providing patients with single-source access to a broad range of products. Through their national online platform, the Medical Cannabis by Shoppers business connects patients with cannabis products that meet the highest quality and safety standards and provides guidance and support via a dedicated team of cannabis-trained advisors and Pharmacists.

 

Revive Therapeutics Ltd. (CSE: RVV) (OTC: RVVTF), a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, provided an update on its oral thin-film delivery system with psilocybin being developed under a research partnership agreement with Reed Research Group out of the University of Wisconsin-Madison.

 

Following several months of prototyping on a wide range of dosage forms, the Company has completed an oral thin-film strip product with psilocybin with dosage forms ranging between 1 mg and 20 mg and demonstrating its versatility through physio-chemical characterization (e.g. tensile strength of films) of bio comparable tannin-chitosan composite materials, dissolution and disintegration testing, and rate of psilocybin release from composites.   Currently technical and scientific data is being processed and finalized.

 

“We are very pleased to have achieved this development milestone of our orally dissolvable thin film strip for psilocybin, which can be used in FDA human clinical studies and as a unique product for medical use in states where psilocybin therapy use is permitted, such as Oregon following the passage of Measure 109,” said  Michael Frank, CEO of Revive.  “There is a significant market opportunity for our unique oral thin film strip technology for not only delivering psilocybin but also delivering numerous psychedelic-based medicines to treat various diseases and disorders that would benefit from such a delivery method. Also, we are in a position to begin partnering with life sciences companies seeking to add unique offerings in their psychedelic-based product pipeline and with companies operating in the U.S. where psilocybin therapy use is legal.”

 

Under its sponsored research partnership with the Reed Research Group out of the University of Wisconsin-Madison, the Company is developing its tannin-chitosan composite of orally dissolvable thin films which offers a unique delivery platform for therapeutic doses (1-20mg) of psilocybin into the oral cavity. The Company has finalized the prototypes and is preparing to scale for manufacturing for future clinical studies involving psilocybin and other psychedelic-derived medicines.

 

There are a number of advantages and benefits of an orally dissolvable psilocybin thin film such as the rapid dissolving and onset of action to the bloodstream, the ease and convenience for patients to administer without the need of water, chewing or swallowing, the potential of improved therapeutic outcomes and efficacy for underserved diseases and disorders including the flexibility to create accurate dosing and tasteful options.

 

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF), announced its financial results for the third quarter of 2020 ended September 30, 2020, and leadership changes.  These filings are available for review on the Company's SEDAR profile at www.sedar.com.

 

The Company also announced that Brian Athaide has left his positions as Chief Executive Officer ("CEO") and board director effective immediately. TGOD Chief Financial Officer, Sean Bovingdon, has been appointed Interim CEO.  In addition, Michel Gagné, Vice President of Operations, has been appointed Chief Operating Officer ("COO"), overseeing the Company's cultivation and processing operations, supply chain and product development.  In his new role as COO, he will work closely with the CEO on the Company's overall strategy and execution.

 

The board of directors decided that a change in leadership was necessary to drive the Company forward as it enters its next phase of growth and continues to work towards achieving positive EBITDA and cash flow as rapidly as possible. Under the Company's new leadership, TGOD will operate with a renewed commitment to executional excellence and cost discipline as the Company drives revenue growth and operational stability.

 

"On behalf of the board of directors, we thank Brian Athaide for his contribution to TGOD and I am pleased that Sean has agreed to lead the Company at this critical juncture," commented Jeff Scott, Chairman of the board.  "He recognizes the challenges we must confront, and I look forward to working with him and the rest of the TGOD team to pave a new way forward for the Company," added Mr. Scott.

 

"During the third quarter, despite certain production challenges that have now been addressed, we continued to deliver growth following the launch of our mainstream brand, Highly Dutch, in Quebec as well as teas and RIPPLE dissolvable powders.  Our focus will continue to be on improving the execution of our existing production while developing innovative and distinctive products to introduce into more stores across the country," commented Sean Bovingdon, Interim CEO of TGOD.  "We saw encouraging numbers in October as we sold more flower, additional RIPPLE and tea variants, and launched hash in Quebec.  We are looking to build on this growth while focusing on financial discipline throughout the Company," added Mr. Bovingdon.

 

Some of the financial highlights included:

 

       Total revenue of $5.71 million, an increase of 119% over Q3-2019

       Canadian cannabis revenue of $3.84 million, an increase of 41% quarter over quarter

       Loss from operations reduced by 68% to $6.34 million compared to Q3-2019

       G&A expenses continue to decrease, down to $5 million for the quarter

       Company records non-cash impairment charge of $67.84 million

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that 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.

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

Investorideas.com podcasts are also available on iTunes,  Spotify, Google Play Music, Stitcher, Spreaker,   YouTube via 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, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , 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 , Exploring Mining  the AI Eye .

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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy:

https://www.investorideas.com/About/Private_Policy.asp

 

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

 

Learn more about sponsoring this podcast or be a guest and our other branded content opportunities at Investorideas.com

 

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Get more Cannabis Stock Investor Ideas – news, articles, podcasts and stock directory

Wednesday, November 11, 2020

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 494 (TSX: $VFF.TO) (NASDAQ: $VFF) (CSE: $HOLL.C) (OTC: $HSTRF), (NEO: HALO) (OTC: $AGEEF)

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 494 (TSX: $VFF.TO) (NASDAQ: $VFF) (CSE: $HOLL.C) (OTC: $HSTRF), (NEO: HALO) (OTC: $AGEEF)

 


Delta, Kelowna, BC, November 11, 2020 (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 podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/111120-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/11111VFF-HOLL-HSTRF-HALO-AGREEF.asp

 

Hear the investor ideas potcast on Spotify

 

Hear Investor ideas cannabis potcast on iTunes  

 

Today’s podcast overview/transcript:

 

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 will be looking at a few public announcements.

 

Village Farms International, Inc. (TSX: VFF) (NASDAQ: VFFannounced that Village Farms' wholly owned subsidiary, Village Farms Clean Energy, Inc. ("VFCE"), has renewed and extended its existing contract with the City of Vancouver under which VFCE receives landfill gas captured by the City of Vancouver at the City's landfill site in Delta, BC. The 20-year extension period, with an option for an additional five-year extension period, commences upon start-up of the Delta RNG Project commercial operations.

 

The renewed and extended COV LFG Contract enables Village Farms to transition VFCE to a more attractive long-term business model based on the conversion of landfill gas to high-demand Renewable Natural Gas (RNG), which will also generate food-grade liquid CO2, significantly reducing Village Farms' and Pure Sunfarms' reliance on natural gas to produce CO2 in their operations. The reduction in natural gas requirements is expected to eliminate 28,000 tonnes of CO2 emitted through natural gas production, or the equivalent of taking more than 6,000 automobiles off the road, annually.

VFCE has entered into a partnership with Mas Energy, LLC ("Mas Energy") for the Delta RNG Project, under which Mas Energy will design, build, finance (including all capital expenditure for construction), own and operate the Delta RNG facility.

 

"Throughout our history, Village Farms has been committed to environmental sustainability and clean agricultural technologies," said Michael DeGiglio, CEO, Village Farms. "The Delta RNG Project will allow Village Farms to take this commitment to the next level to meet the evolving energy needs of the region and further contribute to the reduction of greenhouse gases in the Fraser Valley, while the City of Vancouver will  benefit from higher beneficial landfill gas utilization. Village Farms' and especially Pure Sunfarms' Delta greenhouses, will benefit from a reduced reliance on fossil fuel-sourced natural gas, as well as an improved earnings profile, with lower ongoing capital expenditure requirements. It's a win-win-win for the region, our Company and our shareholders."

 

"The City of Vancouver is pleased to continue our longstanding partnership with Village Farms for beneficial use of landfill gas from the Vancouver Landfill. Their new venture to convert the landfill gas into Renewable Natural Gas supports our on-going efforts to address the climate emergency and cut carbon pollution in Vancouver by 50% by 2030," said Albert Shamess, Director of Zero Waste and Resource Recovery, City of Vancouver.

 

"Mas Energy is proud to partner with Village Farms and the City of Vancouver on this exciting project," said Michael Hall, Principal at Mas Energy. "We look forward to starting site activities very soon and delivering the benefits of cleaner energy and air to the citizens of the Vancouver region for a long time to come."

 

Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF), a diversified cannabis branding company with products in over 280 dispensaries throughout California, and over 80 dispensaries throughout Arizona, announced the launch of its direct to consumer cannabis delivery platform, Dreamy Delivery ("Dreamy" or the "Platform").

 

The company soft launched Dreamy Delivery to friends and family in the San Francisco Bay Area of Northern California ("Bay Area"), to ensure a seamless customer experience in early Q4 of 2020. The Company has expanded the Platform, with Dreamy now successfully delivering to legal cannabis consumers in the Bay Area. The Company hopes to launch Dreamy in Sacramento and the Central Coast of California by late Q4 of 2020 with the ultimate goal of delivering Cannabis statewide.

 

Carl Saling, CEO of Hollister, shared: "This is a major first step in our quest to be the dominant direct to consumer platform delivering cannabis to the entire state of California."

 

Halo Labs Inc. (NEO: HALO) (OTC: AGEEF) has closed its previously announced acquisition of U.K. based cannabis distributor, Canmart Ltd. As a result of the Acquisition, Halo has acquired 100 percent of Canmart's issued and outstanding common shares and, in doing so, one of the few distribution platforms for cannabis-based products for medicinal use ("CBPMs") in the U.K.

 

       Upon closing the Acquisition, Halo has secured:

       All the licenses needed to import and wholesale CBMPs in the U.K.

       Operations in a 30,000-square-foot , third-party logistics warehouse in southeast England managed by Canmart, focusing on the pharmaceutical and healthcare industries.

       A management team with over sixty years of combined logistics and distribution experience in the pharmaceutical and healthcare sectors to grow the business.

       In addition, the terms of the Acquisition provided for:

       The entering into of a pooling agreement whereby the Canmart Shareholders have agreed not to, in the aggregate, during any trading day, sell on a Canadian stock exchange such aggregate number of Halo Shares that would exceed ten percent of the prior trading day's total volume of sale orders in Halo Shares.

       The entering into of an escrow agreement whereby ten percent of Halo Shares issued to the Canmart Shareholders on closing of the Acquisition will be escrowed for a 24-month period after closing.

       Consultation services provided by Anmoho LLC – an arm's length consultant for the Company – which includes general and advisory review, due diligence, the preparation of a valuation in exchange for an aggregate of 10,156,250 Halo Shares. Anmoho LLC entered into a volume restriction agreement whereby Anmoho will not during any trading day sell on a Canadian stock exchange such aggregate number of Halo Shares that would exceed five percent of the prior day's total volume of sales orders in Halo Shares.

 

In a 2019 study, the International Energy Association reported 255 tons of cannabis were sold in the U.K. at a cost of £2.6 billion (CAD$3.4 billion) to three million consumers1. A 2019 publication by Dr. Daniel Couch of the Centre for Medical Cannabis estimated that each year 1.4 million U.K. citizens self-medicate with cannabis illegally.2 It is thus understandable why experts predict as a result of loosening restrictions by 2024, that the legal U.K. medical cannabis market has the potential to reach 400,000 active patients and £1 billion ($1.3 billion) in value. Factoring affordability and easier access, and up to 52 treatable conditions, leading market intelligence firm, Prohibition Partners3, estimates that the total patient base for medical cannabis use in the U.K. could reach four million during the same time period.

 

Additionally, the Extract Industry advocacy group recently reported the following positive developments in the U.K. cannabis industry that demonstrate the adoption rate of legal medical cannabis:

       The number of cannabis clinics has increased by 50 percent in 2020 with over 10 separate locations across the country.

       Cannabis clinics now have an ever growing waiting list with the biggest chain of 1,000 patients.

       After a patient has been seen by a provider, prescription rates have grown to 96 percent.

       The Care Quality Commission has authorized the use of telemedicine consultations to treat patients as a result of the COVID-19 pandemic.

 

In December 2018, Canmart was one of the first movers to anticipate the growing legalization of medical cannabis in the U.K. With expertise in cannabis education, storage and distribution, Canmart holds all relevant licenses to attain bulk importation, as well as store and distribute CBPMs. Canmart possesses the necessary logistics expertise, storage facilities, solid pharmaceutical and healthcare relationships in order to meet the country's growing patient base and demand for medical cannabis products.

 

"We are so enthusiastic about the acquisition of Canmart and our growth plan for the United Kingdom," Co-Founder and Chief Executive Officer of Halo Labs, Kiran Sidhu said. "Since the attainment of our cultivation site operated by Bophelo Bioscience & Wellness in Lesotho, South Africa, we've been able to achieve the cultivation and distribution of high-quality cannabis, derived from exclusive, proprietary genetics under license from OG DNA Genetics. The closing of the Canmart acquisition will allow us to further expand our reach of medicinal cannabis to patients looking for individualized treatment in the United Kingdom and create new international avenues for distribution while raising Halo's gross margin."

 

New Leaf Ventures Inc. (CSE: NLV) (OTC: NLVVF), a management and investment organization dedicated to evaluating and accelerating advanced stage operations in the North American Cannabis sector announced an agreement whereby its New Leaf USA venture operations with brand license operator New Leaf Enterprises has concluded an agreement with Washington state-based Schilling Hard Cider for the creation of proprietary formulations, brand and distribution strategies for a family of cannabis infused beverage products.

 

“We have entered into a collaborative strategic partnership with Schilling Hard Cider,” notes New Leaf’s Operations Chief, Boris Gorodnitsky. “We intend to launch our strategy with two exciting lines of casual beverages with around 2-4mg of THC in conventional six packs of 12-ounce cans or bottles. Our plan is to create a beverage that has the same drinkability as beer or hard cider, suitable for 1-3 bottles or cans consumed in an evening to achieve a light to medium effect. Schilling Hard Cider’s seasoned team will create the final formulations and branding. They will consult with us regarding production methods and provide licensing for the base formulations that we will infuse with high quality THC. Then New Leaf will put the product into cans, package and distribute it.”

 

Founded in Seattle, Schilling Hard Cider has become a high-profile success story. Their innovative flavor forward beverage formulations provide the basis for New Leaf ‘s move into the casual cannabis beverage sector. Schilling is ideally positioned, as an article by The Craft Brewing Business noted that ready-to-drink (RTD) products in 2019 were the fastest growing beverage alcohol category over the past three years. This is fueled by the innovation and convenience of hard seltzers in the US. Trend data suggests innovation, affordability, refreshment, convenience and youth appeal have contributed to sales growth. Colin Schilling, Co-Founder and CEO of Schilling Hard Cider brings multi-generational entrepreneurial family history and values to the team at Schilling which combines that outlook with modern cider-making techniques to produce innovative, high quality and complex hard ciders and custom formulations.

 

Colin Schilling comments, “We aim to bring the same approach to creating superior results in this whole new class of THC-infused products as we do with our traditional beverages. In many ways I’m delighted to see the big players are getting involved as this shows the market has serious growth potential. But I’m a believer in craft quality and the importance of local cultures. In that regard, we believe the team at New Leaf have a similar outlook. Together, I think we can do great things for the casual beverage marketplace both here in Washington

and someday across the nation.”

 

Michael Stier, CEO of New Leaf Ventures states, “When the team in Seattle brought this concept to us it virtually sold itself. The revenue numbers for the beer and hard cider markets alone are astronomical. By any reasonable measure, capturing even a slice of the available percentages and growing a solid brand built on quality, taste, and measurable effect is a winning concept. Our strategy has both near and long-term upsides with an initial launch planned for early 2021 with retail sales commencing in Washington state recreational cannabis stores with an eye on expanding to other states. The Company is also looking at CBD beverage options which could be sold at thousands of retail outlets across the Country. The relationship with Schilling also brings access to their strong relationships with national beverage distributors. So as product pathways begin to open, New Leaf will be well positioned for category placement in supermarkets and convenience stores. This is an exciting opportunity for the Company, our shareholders, and consumers alike. We look forward to working closely with the team at Schilling.”

 

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