Investor Ideas #Potcasts; #Cannabis News
and Stocks on the Move; TSX: $TGOD.TO,
CSE: $MMEN.C, TSX: $WEED.TO, CSE: $HIKU.C
Pt. Roberts, WA; Delta, BC –June 22, 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/06224Potcasts-TSXTGODWEEDCSEMMENHIKU.asp
Today’s podcast overview/transcript:
Good afternoon and welcome to another Investorideas.com potcast ;
looking at cannabis news, stocks to watch as well as insights from thought
leaders and experts. Today’s podcast features news from The Green Organic Dutchman Holdings Ltd.
trading on the TSX as TGOD and the OTCQX as TGODF, MedMen Enterprises Inc.
trading on the CSE as MMEN and the OTCQB as MMNFF, Canopy Growth Corporation
trading on the TSX as WEED and the NYSE as CGC and Hiku Brands Company Ltd.
trading on the CSE as HIKU.
The Green
Organic Dutchman Holdings Ltd. announced that it has decided to add a 287,245
sq ft. purpose-built facility on its Valleyfield property capable of producing
40,000 kgs of premium organic cannabis. This facility will be dedicated to
TGOD’s Beverage Division and increases the Company’s fully-funded capacity to
170,000 kgs.
“With the
legalization of cannabis announced on June 20th, and Premier Justin Trudeau
setting the legalization date of October 17th, the path is paved. The time is
now to dedicate infrastructure, services and expertise to developing
proprietary products. This is just another step for TGOD in its business plan
of creating a distribution hub for large-scale beverage and edible products
which can be introduced in Canada and internationally,” said Csaba Reider,
TGOD’s President.
MedMen
Enterprises Inc., a leading cultivator, producer and retailer of
state-sanctioned cannabis in the U.S., announced today that the anticipated
location for a new MedMen store in Las Vegas has received land-use and zoning
approval by the Clark County Board of County Commissioners. The store is
expected to be located at 4503 Paradise Road, Las Vegas, NV 89169, near major
casinos such as the Hard Rock Hotel, the Thomas and Mack Center and Las Vegas
International Airport.
Canopy
Growth Corporation announced today the issuance of C$100 million aggregate
principal amount of its 4.25% convertible senior notes due 2023 pursuant to the
exercise in full of the over-allotment option granted to the initial purchasers
in connection with the previously announced offering of C$500 million aggregate
principal amount of its 4.25% convertible senior notes due 2023, which closed
on June 20, 2018. The Over-Allotment Notes have the same terms as the Initial
Notes, including an initial conversion rate of 20.7577 common shares per
C$1,000 principal amount of Over-Allotment Notes, equivalent to an initial
conversion price of approximately C$48.18 per common share.
Hiku Brands
Company Ltd. provided an update on the approach to private sector retailing of
cannabis in Alberta. Hiku, and their award-winning retail storefront brand
Tokyo Smoke, have filed applications for a series of locations in Alberta
which, if approved, will provide customers with a variety of experiences in
different retail environments including flagship stores, express stores,
shopping centres, and shop-in-shop.
Hiku has
filed applications for more than a dozen storefronts in Calgary and are at the
top of the list to be considered in each of those locations following Calgary's
first come, first serve approach to licensing. In addition to Calgary,
Hiku has also filed applications in Edmonton for its random lottery process.
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
Subscribe to the new cannabis podcast series:
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mark Trademark on the blockchain through Cognate, Inc. CM
Certification-Registration Number: 10468217708
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