Investor Ideas ‘Potcast’; #Cannabis News
and Stocks on the Move; CSE: $LILY.C,
OTCQB: $MPHMF, OTC: $NGTIF, OTCQB: $CLSH
Pt. Roberts, WA; Delta, BC May 21, 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 new series, Investorideas.com potcasts - cannabis news and stocks to watch plus
insight from thought leaders and experts.
Listen to the podcast:
Today’s podcast overview/transcript:
Good
afternoon and welcome to Investorideas.com potcasts- following cannabis news, stocks to watch as
well as insight from thought leaders and experts . Today we are looking at
announcements from Callitas Health Inc trading on the CSE
as LILY and OTCQB as MPHMF, Nightfood Holdings Inc trading
on the OTC as NGTF and CLS Holdings USA, Inc. trading on the OTCQB under CLSH.
First looking at Callitas Health Inc a
clinical-stage pharmaceutical development and OTC consumer goods marketing
company, who announced earlier today that it has signed industry expert Dr.
Gregory Smith MD, MPH, as the Company’s Chief Medical Cannabis Advisor. The
addition of Dr. Smith is expected to help give the Company additional product
development, clinical study capabilities and visibility in the
THC/CBD (cannabinoids) market.
“We believe the addition of Dr. Smith
to the Callitas team will help us better navigate the quickly evolving
cannabinoid industry and provide expert insight for our current products and
future programs in research and development,” said James Thompson, Interim
President and CEO. “He brings a wealth of knowledge, clinical experience and
insights that will be invaluable for our Company’s growth.”
Dr. Smith has garnered extensive
experience and education in the field of cannabinoid medication, and currently
serves as the editor-in-chief of www.Cannabis-MD.com, and Director of Medical
Affairs for First Harvest Financial, Inc. (a cannabis investment firm).
Next looking at NightFood Holdings,
Inc. a brand development company pioneering the projected billion dollar
nighttime nutrition category, and developing unique properties and products in
the marijuana/cannabis/CBD related snack space, today announced that the first
production run of Half-Baked™ branded products has been successfully completed
under license in the State of California.
The Half-Baked brand THC-infused cookies each contain 10mg of THC and
will retail for approximately $5. As originally announced on April 20,
2018, the product is on track to be available at retail before the end of May.
“This is the birth of a leading national edibles brand in the marijuana
space. That’s how we view this initial production run and pilot launch,”
commented CEO Sean Folkson. “As more states continue to follow suit and
pass marijuana legislation, we see an increase in the value of the opportunity
and in the value of the Half-Baked intellectual property.”
Plans are for the Half-Baked brand to include regular snacks that would
be legal and immediately eligible for national distribution, as they’d contain
no THC or cannabis in any form, in addition to lines of cannabis-containing
snacks.
Subsequent to filing the Half-Baked trademark application in January,
the Company acquired HalfBaked.com. In the coming months, the Company
intends to launch the HalfBaked.com website to support the launch and
development of this leading consumer cannabis brand.
An investor conference call is being coordinated for the week of May 28,
2018, during which the Company will provide updates on revenues, new product
development, and other recent activities. An announcement will be made
prior to the call providing investors all details necessary to attend the call
and submit questions for management.
Finally, looking at CLS Holdings USA, Inc. a development stage
diversified cannabis company operating as Cannabis Life Sciences, today
announced that its proposed acquisition of Oasis Cannabis has progressed and is
now expected to close by the end of June 2018.
The parties mutually agreed to extend the purchase agreement to June 21,
2018. This extension timeline remains in the initial expectation of closing by
the end of the second quarter 2018. The extension is due to additional time
needed to complete certain license transfer documentation.
Oasis Cannabis has operated a cannabis dispensary in the Las Vegas
market since dispensaries first opened in Nevada in 2015 and has been
recognized as one of the top marijuana retailers in the state. Its location
within walking distance to the Las Vegas Strip and Downtown Las Vegas in
combination with its delivery service to residents allows it to efficiently
serve both locals and tourists in the Las Vegas area. The company recently
commenced wholesale offerings of cannabis in Nevada with the launch of its City
Trees brand of cannabis concentrates and cannabis-infused products in August
2017. An expansion of its cultivation and production facility is currently
underway and is expected to be completed during the second half of 2018.
CLS Holdings USA, Inc. plans to become a diversified cannabis company
and is shifting its corporate strategy to becoming a fully licensed integrated
cannabis producer and retailer in Nevada and other states.
CLS stands for "Cannabis Life Sciences," in recognition of the
Company's patent pending proprietary method of extracting various cannabinoids
from the marijuana plant and converting them into products with a higher level
of quality and consistency. The Company's business model includes licensing
operations, processing operations, processing facilities, sale of products,
brand creation and consulting services.
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
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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