Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: (TSXV: $OGI.V) (OTCQX: $OGRMF), (CSE: $IAN.C) (OTCQX: $THUF), (NYSE: $ACB) (TSX: $ACB.TO) (TSX: $TRST.TO)
Delta, Kelowna, BC –February 20, 2019 (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 Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
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Read this in full at https://www.investorideas.com/news/2019/cannabis-potcasts/02201OGI-OGRMF-IAN-THUF-ACB-TRST.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 we are looking at announcements from Organigram Holdings Inc. (TSXV: OGI) (OTCQX: OGRMF), iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCQX: ITHUF), Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) and, CannTrust Holdings Inc. (TSX:TRST),
Organigram Holdings Inc., the parent company of Organigram Inc., a leading licensed producer of cannabis has been recognized as one of the 2019 OTCQX Best 50. Organigram was ranked as 4th best performing stock on the OTCQX® Best Market for 2018.
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2019 OTCQX Best 50 were ranked based on their performance during the 2018 calendar year.
"At Organigram we believe corporate excellence and product excellence go hand-in-hand," says Greg Engel, CEO, Organigram. "We are proud to be recognized as one of 2019 OTCQX Best 50, and believe that our team's diligence related to governance, operations and output will continue to support Organigram's continued and growing success both here at home and around the world."
iAnthus Capital Holdings, Inc., which owns, operates, and partners with best-in-class regulated cannabis operations across the United States, announced that it has opened its second New York dispensary, located in the Dutchess County town of Wappingers Falls. The dispensary will operate as "Citiva Hudson Valley" under iAnthus' "Citiva" New York dispensary brand.
The 2,600 sq. ft. dispensary is located at 1147 Route 9 in Wappingers Falls, a short drive from Beacon Train Station on the Metro-North Railroad, Marist College, Vassar College, and a collection of New York historical sites. The retail location initially will offer more than 30 locally-sourced, lab-tested products, including vape cartridges, tinctures, capsules, and powders, dispensed by highly-knowledgeable patient care representatives.
This is the second of iAnthus' four New York licensed dispensaries, with locations in Staten Island and Chemung County still to follow. iAnthus opened its first New York dispensary in Brooklyn in December 2018.
"The opening of our Citiva Hudson Valley dispensary is a major milestone for iAnthus, as it marks the 20th dispensary opened by the Company," said Hadley Ford, CEO of iAnthus. "2019 will be full of catalysts and exciting developments for Citiva, including the much-anticipated completion of our cultivation facility in Warwick, New York, and the opening of dispensaries in Staten Island and Chemung County."
Aurora Cannabis Inc. announced today that Michael Singer, previously Chairman of the Board, has been appointed Executive Chairman of the Board of Directors. The Company also announced that independent director Ronald Funk has been named Lead Independent Director and Margaret Atkins has been appointed as a new independent director and Chair of the Audit Committee. Diane Jang, who served on the Company's board since November 2017, has voluntarily resigned her position as Director of Aurora.
"As Aurora continues to mature into one of the world's largest and leading cannabis companies, it is important that our Board continues to examine its composition to ensure that its experience and expertise aligns with the Company's strategic direction," said Michael Singer, Executive Chairman. "The changes announced today ensure that our Board is well-equipped to continue to provide that guidance and strong oversight to the Company. In my new role I will continue to work closely with our CEO, Terry Booth, and the rest of our senior executive team on all matters pertaining to strategic direction, execution and finance. Ron, with his exceptional senior leadership track record and experience, has been a valuable contributor as an independent director and is now positioned to play a more critical role as our Lead Independent Director. He will work closely with Norma Beauchamp, Chair of the Governance Committee, to continue to advance and further enhance our corporate governance practices."
CannTrust Holdings Inc. announced that it has satisfied all the regulatory requirements to list its common shares on the New York Stock Exchange ("NYSE").
Trading of the Company's common shares on the NYSE will begin on Monday, February 25, 2019 under the ticker symbol "CTST". The Company's common shares will continue to be listed on the Toronto Stock Exchange under the ticker symbol "TRST".
"We are continuously looking to deliver shareholder value and the NYSE listing is a natural progression for CannTrust," said Peter Aceto, Chief Executive Officer. "We have taken steps to strengthen our management team to accelerate our growth as we face high demand for our products and expertise, both domestically and internationally. Specifically, we have recently hired Greg Guyatt as Chief Financial Officer, who has demonstrated experience in international capital markets. We expect the NYSE listing will result in an expanded institutional and retail shareholder base, increased capital markets exposure and firmly establish CannTrust as a global company."
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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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