Investor Ideas #Potcasts #Cannabis News
and #Stocks on the Move: TSX: $ACB.TO,
TSXV: $N.V. CSE: $ISH.C, CSE: $CXXI.C
Delta, Kelowna, BC – August 13,2018 (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/08132Potcasts-TSX-ACB-TSXV-N-CSE-ISH-CXXI.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 Aurora Cannabis Inc.
trading on the TSX as ACB and the OTCQB as ACBFF, Namaste Technologies Inc.
trading on the TSX-Venture as N, Inner Spirit Holdings Ltd trading on the CSE
as ISH and C21 Investments Inc. trading on the CSE as CXXI.
Namaste Technologies Inc. announced that the Company's wholly-owned
subsidiary, Cannmart Inc. , a licensed cannabis producer under the Access to
Cannabis for Medical Purposes Regulations (the "ACMPR"), has
completed Health Canada's Pre-Sales License Inspection at the Cannmart facility
in Etobicoke, Ontario. On July 31st, 2018, Health Canada inspectors
were on-site to verify information submitted by Cannmart as part of its
application and in assessing compliance with the applicable sections of the
ACMPR prior to license approval. The Pre-Sales License Inspection is one of the
last steps prior to the issuance of a Sales License under the ACMPR.
Cannmart's ACMPR "sales-only" license will be the first of its
kind in Canada. The license enables Namaste to aggregate cannabis strains from
licensed producers across the country, with the goal of offering medical
patients access to the largest variety of medical cannabis products in a single
platform. Namaste has positioned itself as a leader in the development of
innovative cannabis e-commerce technology and will leverage its expertise and
its platform powered by the Company's wholly-owned subsidiary and AI technology
company, Findify AB ("Findify" or "Findify.io") to offer
medical patients the most personalized user experience possible.
The Company also announced the appointment of Mr. David Giardino as
Chief Operating Officer ("COO"). David Giardino has extensive
experience in managing enterprise-level operations and logistics, and will
oversee all operations for Namaste's domestic and international entities and in
the execution of Namaste's business strategy.
Aurora Cannabis Inc. provided the following updates on its international
operations.
The Company has successfully shipped cultivars from its Mountain
facility to Denmark to commence populating the Phase I Aurora Nordic facility,
a 100,000 square foot, retrofitted hybrid greenhouse, which will be ramping up
to full production capacity of 8,000 kg per year of medical cannabis over the
coming months. Aurora Nordic is a 51%-Aurora owned subsidiary owned in
partnership with Alfred Pederson & Son. Both the Phase I facility and Phase
II, a 1,000,000 square foot, hybrid greenhouse facility with a cultivation
capacity of more than 120,000 KG per year, have been designed by Aurora Larssen
Projects Ltd. ("ALPS"), and will be completed to EU GMP standards,
incorporating leading edge technologies.
Following a provisional EU GMP certification of a single shipment, as
announced on July 11, 2018, Aurora's new wholly-owned subsidiary, MedReleaf
Corp., has now received full EU GMP (Good Manufacturing Practices)
certification for its Markham facility.
In total globally, there are currently only 6 EU GMP certified cannabis
production facilities, two of which are based in Canada and belong to Aurora.
Inner Spirit Holdings Ltd today provided an update on its progress
establishing recreational cannabis dispensaries under the Spiritleaf brand.
"When we set out on this journey, we wanted Inner Spirit to be open
to our staff, franchise partners, investors and future customers so they could
participate in creating a community-owned Company," said Darren Bondar,
President & CEO of Inner Spirit. "The end of cannabis prohibition has
presented a unique opportunity and we are proud about the infrastructure and
partnerships that we have put in place for our brand and our stakeholders. We
now look forward to the next phase, which includes opening stores, securing
additional locations, seeking strategic opportunities and unveiling our
proprietary house brands to the public."
Inner Spirit has made tremendous progress since November of 2017, nearly
doubling the number of recreational franchise agreements ahead of expected
legalization on October 17, 2018. Inner Spirit's franchisees have
committed to contribute up to $45 million collectively to open Spiritleaf
stores in their local communities.
C21 Investments Inc. today announced that it has entered into an
agreement to acquire Grön Chocolate LLC and Grön Confections (GrönCBD) LLC,
together, one of Oregon's largest companies specializing in premium consumer
packaged edible cannabis products. C21 Investments will be acquiring 100% of
Grön Chocolate's membership units, and the transaction is expected to close by
November 1, 2018.
"Edibles are one of the fastest growing segments of the cannabis
space," said Robert Cheney, Chief Executive Officer, C21
Investments. "Grön is a critical addition to C21's growth strategy
to acquire operations that can vertically integrate in each state and compete
aggressively in the US$11 billion cannabis market in the United States."
This is the sixth acquisition agreement announced by C21 Investments in
the past year, and will be accretive to earnings of C21 Investments.
Other agreements include Silver State Relief in Nevada, as well as
Phantom Farms, Swell Companies, and Eco Firma Farms in Oregon. C21
Investments has been successful in ensuring that the talent of each operation
continues to perform and grow in order to provide a strong culture for its
group of companies.
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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