Investor Ideas #Potcasts #Cannabis News
and #Stocks on the Move: TSXV: $N.V,
CSE: $CROP.C, TSX: $ACB.TO, TSXV: $GENE.V
Delta, Kelowna, BC –September 7, 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 https://www.investorideas.com/news/2018/cannabis/09071Potcasts-TSXV-N-CSE-CROP-ACB-GENE.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 Namaste Technologies Inc.
trading on the TSX-Venture as N, CROP
Infrastructure Corp. trading on the CSE as CROP and the OTC as CRXPF, Aurora
Cannabis Inc. trading on the TSX as ACB and the OTCQB as ACBFF and NVICTUS MD
STRATEGIES CORP. trading on the TSX-Venture as GENE and the OTCQX as IVITF.
Namaste Technologies Inc. announced that the
Company has signed a purchase agreement with Tilray Canada Ltd., a subsidiary
of Tilray Inc. (NASDAQ: TLRY), whereby the Company will purchase bulk medical
cannabis products from Tilray, to be sold on Namaste's e-commerce platform
through its wholly-owned subsidiary Cannmart Inc.
With Cannmart's anticipated sales license
imminent, the Company continues to aggressively seek and secure partnerships
with the top global ACMPR Licensed Producers as it looks to implement its
strategy. The Supply Agreement with Tilray Canada will add significant value to
Cannmart's current product offering, and Namaste is incredibly excited to be
able to offer patients Tilray's selection of high quality, pharmaceutical-grade
medical cannabis products.
CROP Infrastructure Corp. announced today
that it has completed the member interest purchase agreement with Elite
Ventures LLC, of Nevada, to acquire a 49% member interest in the Nye County
agricultural property. The company has agreed to pay $1,350,000 USD in cash and
has currently loaned $1,697,148 USD for the property and equipment expenses,
with no more than $200,000 in additional expenses expected for this first
harvest.
The Nye County agricultural property is in
central Nevada and was selected for its temperate climate which is ideal for
greenhouse and outdoor growing. The property totals over 315 acres and includes
300 acres of private water rights, with 240 acres under automatic irrigation
pivots that also have automatic fertilizer injection systems installed.
The previously announced 240 acres of CBD
Hemp has been planted and is currently 2.5-3 feet tall and growing under pivot
with the resulting harvest expected within 45 days. A recent plant count
suggests 3,000 healthy plants per acre or 720,000 plants under pivot. All
harvesting equipment has been secured for the resulting hemp biomass. The cost
of production was not expected to exceed $700,000, with $350,000 incurred to
date, and no more then $200,000 in additional costs expected to prepare our
tenant for this harvest.
Aurora Cannabis Inc. today announced that the Company has received
a Health Canada production license for its Aurora Eau facility in Lachute,
Quebec. The Company now has seven facilities licensed for production, with a
combined production capacity in excess of 160,000 kg per annum. Aurora has additional
facilities under development, bringing the total funded capacity to more than
500,000 kg per annum.
Additionally, Aurora, through its
wholly-owned subsidiary MedReleaf Corp., has received its oils production
license for its Bradford facility, which at full capacity is a 28,000 kg per
annum cultivation facility. MedReleaf Bradford features a high-volume CO2
extraction facility, which will significantly increase oils production, and is
in the process of stockpiling significant quantities of derivative products in
anticipation of receipt of its sales license.
INVICTUS MD STRATEGIES CORP. announced the
completion of its first shipment of recreational cannabis under Provincial
supply agreement on schedule, ensuring quality product for opening day on
October 17, 2018. Staff have been working 24 hours per day, seven days a week
to package product in order to meet this ambitious deadline.
"The cannabis industry is moving rapidly
to ramp-up production and deliver a steady supply of product to the
recreational market in Canada," said Dan Kriznic, Chairman and CEO of
Invictus. "I am extremely proud of our team for achieving this significant
milestone."
To date, Invictus' wholly-owned subsidiary
Acreage Pharms has secured provincial supply agreements for the upcoming adult
recreational markets in both British Columbia and Alberta, while actively
pursuing supply agreements in other provinces. Invictus products will be sold
under four lifestyle-inspired cannabis brands for recreational users: Dukes,
Zooey, Sterling & Hunt, and Sinister.
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
Potcasts is now a certified word mark Trademark on the blockchain through
Cognate, Inc. CM Certification
Investorideas.com podcasts are also available on iTunes, Spotify,
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If you would like to be a guest or sponsor this podcast contact
Investorideas.com
Subscribe to the new cannabis podcast series:
Investorideas.com podcasts are also available on
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Spreaker, iHeartradio and Tunein.
Potcasts is now a certified word
mark Trademark on the blockchain through Cognate, Inc. CM
Certification-Registration Number: 10468217708
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