Investor Ideas #Potcasts #Cannabis News
and #Stocks on the Move: TSX: $TRST.TO,
TSXV: $FIRE.V, TSXV: $N.V, CSE: $MTEC.C, TSXV: $LG.V
Delta, Kelowna, BC – August 28, 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/08281Potcasts-TSXS-TRST-FIRE-N-CSE-MTEC-LG.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 CannTrust Holdings Inc. trading
on the TSX as TRST, The Supreme Cannabis Company, Inc. trading on the TSX-Venture
as FIRE and the OTC as SPRWF, Namaste Technologies Inc. trading on the TSX-Venture
as N, Cannvas MedTech Inc. trading on
the CSE as MTEC and LGC Capital Ltd. trading on the TSX-Venture as LG.
CannTrust Holdings Inc., one of Canada's leading licensed producers and
most trusted brands of cannabis announced today that it will continue to put
medical cannabis patients' needs first and will absorb the Federal Government's
Excise Tax on medical cannabis.
When Bill C-45, the Cannabis Act, received Royal Assent on June 21,
2018, it imposed an Excise Tax, being the greater of $1 per gram or 10% of the
sale price of cannabis. Scheduled to come into effect on October 17, 2018, this
tax is applicable for both the recreational and the medical market on all
cannabis products containing THC. Continuing its commitment to affordable
medicine, CannTrust has announced that it will support its medical cannabis
customers by continuing to offer competitive pricing of its quality medical
cannabis and that the Company will absorb the increased cost as a result of the
tax.
CannTrust is also encouraging its more than 47,000 active medical
cannabis customers to take a stand by signing Petition E-1528 that supports the
removal of the Excise Tax on medical cannabis.
The Supreme Cannabis Company, Inc. announced that the Company's wholly
owned subsidiary, 7ACRES, has entered into supply agreements with the Nova
Scotia Liquor Corporation ("NSLC") and the PEI Cannabis Management
Corporation ("PEICMC") to supply recreational cannabis to their
respective retail stores beginning October 17, 2018.
Nova Scotia and PEI become Supreme Cannabis' fifth and sixth provincial
recreational partners alongside Ontario, British Columbia, Alberta and
Manitoba. Supreme Cannabis joins a select group of leading cannabis companies
that have secured supply agreements with five or more provinces to-date,
including: Canopy Growth (TSX:WEED)(NYSE: CGC), Aphria (TSX:APH), Aurora
(TSX:ACB), Tilray (NASDAQ: TLRY), and Organigram (TSXV:OGI).
Namaste Technologies Inc. announced its new
corporate strategy related to its position in the Canadian
recreational cannabis marketplace. Due to much uncertainty
surrounding both federal and provincial roll-outs of recreational cannabis,
Namaste remained focused solely on the medical cannabis market until such time
that a more transparent framework was established. Fast forward to today and it
is clearly evident that there has been significant progress made with regards
to the rules and regulations outlining the sale and distribution of
recreational cannabis. As such, Namaste has made the decision to take a more
proactive approach in an attempt to capitalize on several key areas of the
recreational market.
Further to recent updates from the Provincial Government of
Ontario, Namaste is extremely confident that many of its
technology assets will lend themselves to improving the security and
distribution of recreational cannabis online and in provincially operated
dispensaries. Namaste's platforms, including its exclusive partnership
with YPB Group Ltd. ("YPB") (ASX: YPB), have the potential to
provide far superior authentication and security
for provincially approved cannabis products. In addition, the
Company's age and identity verification, with exclusive rights to its facial
recognition technology, could help provide a much safer protocol for online
retail platforms. Through NamasteMD, the Company has developed and
acquired cutting-edge age and identity verification technology which is already
in use in Namaste's platform, that would provide significant value to all
consumers, through all the varying distribution channels across Canada. Namaste
would like to reinforce that both platforms are already proven and in operation
and would be available for immediate deployment within these applications.
Cannvas MedTech Inc., a leading business
technology company in the cannabis space, announced that the company has
exceeded quarterly growth targets and has tripled its number of employees in
2018. Growth in key departments with highly skilled individuals allows Cannvas
to remain focused on pushing forward with its first product offering for the
global cannabis markets: Cannvas.me, a global cannabis education platform.
The Company's most recent hire is David Davidzon, an accomplished brand
strategist and creative writer with deep roots in the food and beverage
industry, with over 10 years' experience in corporate branding communications
and public relations, digital marketing and social media, joins Cannvas as
Marketing Manager. The Company also announces the appointment of Stacey
Paterson (Registered Nurse) to its Health and Innovation Advisory Board.
Paterson joins Daniel J. Bal, MD and Shirish Patel, MD also recently appointed
to the board which oversees content related to the Cannvas.me platform.
LGC Capital Ltd. announced that its Australian medical cannabis company
Little Green Pharma (LGP), has medical cannabis crop at its facility south of
Perth in Western Australia. The cannabis is currently being prepared for shipment
to its certified manufacturer near Perth for conversion to medicinal oil to be
sold by prescription.
LGP has just become the market leader in Australia by becoming the first
Australian company to locally-grow and produce medicinal cannabis products for
sale to Australian patients.
LGP is making high quality and reliable medicinal cannabis products
available to Australians. The medicines are cultivated, without pesticides, in
a hydroponic facility in Western Australia's southwest region and processed in
a manufacturing facility near Perth.
Their products have been subject to extensive assessment and testing
based on the Australian TGA regulation, before being distributed under
Australia's tightly controlled medical prescription system.
Under the Australian system, medicinal cannabis products must be
prescribed by medical practitioners and sold by registered pharmacists.
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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