Wednesday, August 22, 2018

Investor Ideas #Potcasts #Cannabis News and #Stocks on the Move: TSX: $WEED.TO, CSE: $CROP.C, CSE: $MTEC.C, TSXV: $N.V


Investor Ideas #Potcasts #Cannabis News and #Stocks on the Move: TSX: $WEED.TO, CSE: $CROP.C, CSE: $MTEC.C, TSXV: $N.V



Delta, Kelowna, BC –August 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:


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 Canopy Growth Corporation (TSX: WEED and NYSE: CGC) , CROP Infrastructure Corp. (CSE: CROP and OTC: CRXPF) , Cannvas MedTech Inc. (CSE: MTEC)  and Namaste Technologies Inc. (TSX-Venture: N).

But first, with the world watching Canada prepare for federal legalization, Lift & Co. has opened the nominations for the fifth-annual Canadian Cannabis Awards, shining a spotlight on excellence in Canada's cannabis sector. Cannabis consumers and industry members are encouraged to nominate their favourite cannabis products, accessories, companies and industry leaders at canadiancannabisawards.com. Winners will be unveiled at the second-annual CCA gala ceremony on Thursday, November 29, 2018 at The Carlu in downtown Toronto.
"This is a pivotal year for the Canadian Cannabis Awards, as we prepare to recognize the best of the industry and gather again in celebration on the heels of federal legalization in October," said Matei Olaru, CEO, Lift & Co. "Looking forward, winners of this year's awards will have a unique point of differentiation for the next twelve months as the first year of legalization unfolds."
Keeping pace with the rapidly evolving cannabis industry, Lift & Co. has streamlined and modernized this year's awards to provide enhanced distinction among licensed producers, cannabis accessories, and the people and companies whose dedication and innovations are leading the business and cultural shifts well underway in Canada. New categories in 2018 include: "Woman in Weed – Trailblazer"; "Top Reviewed Product of the Year"; "Top Reviewed Licensed Producer of the Year"; "Top Balanced Flower" and "Top Balanced Oil" (cannabis products with less than 1:2 or 2:1 ratio of THC to CBD); "Top Rolling Papers"; "Top Grinder"; "Top Pipe"; "Top Bong"; and "Top Cannabis YouTuber." In total, 49 CCAs will be presented this year.


Canopy Growth Corporation announced that it has received amended licences from Health Canada that increase the size and sophistication of its national footprint.
The amended licences include a nearly doubling of growing capacity at its Smiths Falls Campus at 1 Hershey Drive, an additional 223,200 sq. ft. of cultivation space at its majority-owned Les Serres Vert Cannabis Inc. ("Vert Mirabel") greenhouse in Mirabel, Quebec, and a licence for a highly automated, state-of-the-art Distribution Centre located at its Smiths Falls campus.

Increased production capacity at the Smiths Falls and Mirabel sites will increase Canopy's ability to reach consumers in every market once recreational sales are permitted in October 2018. In Smiths Falls, the specific licensed rooms will also become part of a new Tweed Visitor Centre experience that is launching August 25, 2018. Adults over 19 years of age will be able to stroll along the catwalk Hershey left behind and look down on a new era of production activity.

CROP Infrastructure Corp. announced today that its Nevada subsidiary has leased an additional 750 acres of contiguous agricultural farmland bringing the total Nevada acreage to 1,065 acres with 240 acres under pivot.
The lease also provides access to over 300 acres of additional water rights. The additional 750 acres of pivot development potential will substantially increase production for the 2019 season.
The newly-leased acreage comes with four housing units and a building to be converted into an extraction facility to process hemp biomass for CBD isolate on site. The two-year lease will annually cost $566 USD per acre and the company intends to use a portion of the revenue from its first crop to pay for the lease.

The previously announced 240 acres of CBD Hemp was planted and is currently 1.5 feet tall and growing under pivot. All harvesting equipment has been secured for the resulting hemp biomass. It is estimated that the 240 acre pivots will yield 240,000 pounds of hemp flower. The cost of production is not expected to exceed $700,000 USD with many of the costs already incurred. The first harvest is expected in early Q4 this year.

Cannvas MedTech Inc., a leading business technology company in the cannabis space, and Namaste Technologies Inc., announced the signing of a definitive revenue share partnership agreement, whereby the two companies will share revenue generated through co-branding and marketing efforts between Namaste's medical cannabis patient portal, NamasteMD and the Cannvas.me cannabis education platform.
"I am very impressed with the vision of Cannvas to become the unbiased source of education for medicinal and recreational cannabis users worldwide," said Kory Zelickson, Co-Founder and VP of Business Development for Namaste. "With the legalization of cannabis in Canada only a few short months away, forming a long-term partnership with an education platform furthers Namaste's commitment to its patients around the safe and responsible use of cannabis."
Under the terms of the Agreement, Cannvas and Namaste will build and deploy technologies driving customer integration and value-added services between company platforms.  Both organizations will continue to explore other avenues to expand the partnership and enhance user experiences across their respective platforms.

The Agreement represents a strategic initiative whereby Namaste is partnering with a technology platform to drive new patient acquisition and create value for its partners. With the use of NamasteMD, the Cannvas.me educational platform will offer users convenient access to book medical cannabis consultations through NamasteMD, providing added value for and a new revenue stream for Cannvas.me.

Namaste Technologies Inc. also announced that the Company has signed a wholesale supply agreement with Manitoba-based ACMPR Licensed producer, Bonify Inc. Under the terms of the Supply Agreement, Namaste will purchase bulk cannabis products through the Company's wholly-owned subsidiary, Cannmart Inc. Bonify operates a large-scale cultivation facility and will expand capacity to over 350,000 square-foot that will accommodate Namaste's growth trajectory. Namaste will work with Bonify to develop private-label strains of cannabis for the medical and recreational markets as well as in offering the full selection of Bonify products.
Further to the Company's August 13th news release, Cannmart completed its Health Canada Pre-Sales inspection on July 31st, 2018 and the receipt of its "sales-only" license will represent a major milestone for the Company. With Cannmart's "sales-only" license imminent, and in order to accommodate the acceleration of NamasteMD's (NamasteMD.com) database and with the launch of Canadian recreational cannabis sales pending, the Supply Agreement with Bonify will guarantee adequate supply to support Namaste's demand.

Finally, Namaste also announced that it has registered over 14,000 users in its online patient portal and mobile app, NamasteMD representing a 130% increase in registered users in approximately 2 months. With the latest launch of the NamasetMD app, the Company has streamlined the on-boarding process, improved conversion rates and has opened the app's scheduling to accommodate appointments within 15 minutes from sign-up. The accelerated growth in patient acquisition which has taken place over the past two and a half months is extremely encouraging. Namaste anticipates seeing further acceleration once Cannmart's sales license is received and cannabis sales are integrated within the platform. 

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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