Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: (NYSE: $ACB) (TSX: $ACB.TO), (TSXV: $LIFT.V), (TSX: $TRST.TO) (NYSE: $CTST), (CSE: $SOL.C) (OTCQB: $SOLCF), (TSX: $WEED.TO) (NYSE: $CGC), (CSE: $TGIF.C) (OTCQX: $TGIFF)
Delta, Kelowna, BC –February 25, 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/02251ACB-LIFT-TRST-CTST-SOL-SOLCF-WEED-CGC-TGIF-TGIFF.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 Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), Lift & Co. Corp. (TSXV: LIFT), CannTrust Holdings Inc. (TSX: TRST) (NYSE: CTST), SOL Global Investments Corp. (CSE: SOL) (OTCQB: SOLCF), Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) and 1933 Industries Inc. (CSE: TGIF) (OTCQX: TGIFF).
Aurora Cannabis Inc. today announced that both its Aurora Sky and MedReleaf Bradford facilities are now fully licensed by Health Canada for the production and sale of cannabis and cannabis derivative products.
"The rapid scale-up of our production capacity - with our Sky and Bradford facilities specifically adding over 128,000 kg per year in capacity - is resulting in significant increases in product availability across our domestic medical and consumer, as well as our international market segments, over the coming months," said Terry Booth, CEO of Aurora. "Current production at Aurora Sky, with recent harvests exceeding target yields, validates our production philosophy and our investment in high-tech, highly automated facilities. MedReleaf Bradford employs best practices identified during the integration of the Aurora and MedReleaf organizations, and is consistently delivering exceptional yields and high-quality product that has resonated well in both the medical and consumer markets."
Located at the Edmonton International Airport in Alberta, Aurora Sky is the Company's first "Sky Class" facility. Aurora Sky is designed to deliver high quality, consistent and highly cost-efficient cannabis cultivation. At 800,000 square foot, the facility delivers massive scale, incorporates state-of-the-art technology, and leverages a high degree of automation to deliver target production costs of well below one dollar per gram. With the entire facility's cultivation space now licensed by Health Canada, the Company anticipates the facility to be fully planted in March 2019, with the full impact of product available for sale to be realized by the end of June 2019.
Located in Ontario, MedReleaf Bradford is a 210,000 square foot high-tech production facility built to EU GMP specifications which features 17 independently climate-controlled grow rooms. Designed for large scale, hang-dried, hand-manicured production, 13 of the flower rooms are currently in production to service the consumer and medical markets. With the facility's cultivation space now completely licensed, Aurora anticipates the facility to be fully planted by early April 2019, reflecting a production capacity of 28,000 kg of high-quality cannabis per annum.
Lift & Co. Corp. announced that its CannSell Standard mandatory cannabis retail training program for Ontario cannabis retailers is now available for purchase at cannsell.ca.
In addition, the Company is pleased to announce CannSell Expert, an advanced certification program essential for cannabis retailers looking to equip their staff with deeper cannabis knowledge necessary for advanced customer service in areas of product knowledge, plant genetics and consumption methods. CannSell Expert is available for pre-order today at cansell.ca and launches officially on March 18th for $449.99.
CannSell Expert is available to cannabis retailers across Canada, will take approximately 25 hours to complete and will be delivered through the same digital platform as CannSell Standard. CannSell Expert certification holders will be required to also have their CannSell Standard certification to legally work in Ontario cannabis retail.
"The overwhelming interest in CannSell highlights a clear demand from Canadians for responsible cannabis retail sales," said Matei Olaru, CEO, Lift & Co. "As Canada's informational authority in cannabis, we are launching CannSell Expert in support of this sentiment and look forward to continuing to set the standard for a modern cannabis retail experience."
CannSell positions the Company as the leading retail educator and consequently the leading digital trade marketing platform in the country. CannSell Standard and CannSell Expert are the roadways to begin delivering branded content directly from the licensed producer to the budtender; the most influential driver of retail consumer purchases.
CannTrust Holdings Inc. announced that its common shares will begin trading on the New York Stock Exchange ("NYSE") today.
CannTrust's shares will trade on the NYSE 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 a fast-growing company that is continuously looking to increase our international presence," said Peter Aceto, Chief Executive Officer. "The NYSE listing is another significant milestone in the evolution of CannTrust and we are excited to share more about our planned growth initiatives in the near future."
SOL Global Investments Corp. announced the formation of a new international hemp-focused subsidiary, Heavenly Rx Ltd.
Heavenly Rx intends to hold controlling ownership interests in various industry-leading assets in the hemp/CBD and THC-free cannabinoid wellness space, with an initial focus on hemp cultivation, processing and the manufacturing of a diverse range of traditional CBD products including oils, tinctures, balms, and vape-ready products. Additionally, Heavenly Rx intends to include several proprietary brands across numerous consumer product group verticals such as cosmetics and beauty products, bath and body products, infused foods (subject to governmental approvals and/or compliance) and a number of pet-related products.
SOL Global and its executive team were deeply involved in the political process surrounding the recent passage of the U.S. federal Hemp Farming Act, which removed industrial hemp and CBD products with less than 0.3% THC from Schedule I of the U.S. federal Controlled Substances Act, and SOL Global has been working diligently over the past six months to identify and target world-class hemp companies and brands that it intends to invest in through Heavenly Rx.
"Heavenly Rx directly supports SOL Global's continued hemp and CBD strategy in the U.S. and international markets and will serve as a critical launchpad for our hemp-related investment initiatives as hemp and related cannabinoid regulations continue to become more liberalized around the world," said Brady Cobb, CEO of SOL Global. "SOL Global's executive team has been at the very forefront of regulatory reform both in the United States and internationally, and we couldn't be more excited to continue to build upon and execute our already robust long-term strategy for the global hemp/CBD industry."
Canopy Growth Corporation announced it has named Hilary Black as its Chief Advocacy Officer, effective immediately. In her expanded role, Hilary's mandate includes driving patient advocacy efforts worldwide, executing the Company's global corporate social responsibility strategy, and leading the implementation of best practices for diversity & inclusion.
"My unconventional path to the executive level speaks to Canopy Growth's respect for the trailblazers that for many decades fought for legal cannabis access," said Hilary Black, Chief Advocacy Officer, Canopy Growth. "For my entire adult life, I have broken down barriers so that patients could access cannabis. Being with Canopy Growth has exponentially amplified these efforts. I feel a tremendous sense of responsibility and privilege to build on this legacy of compassion and carry out a mandate that will improve the lives of patients around the world."
"As Chief Advocacy Officer, Hilary will further advance our mission to positively impact the wellbeing of neighbours, customers, and communities globally," commented Mark Zekulin, President & Co-CEO, Canopy Growth. "Today's announcement marks a significant step forward in our efforts to scale our corporate social responsibility initiatives and advocacy efforts on a global level."
1933 Industries Inc., a licensed cultivator and producer of cannabis flower and concentrates and manufacturer of hemp-derived CBD wellness products, announced that it has engaged professional athlete and mixed martial arts fighter, Ms. Sarah Moras, as a Canna Hemp™ sponsored athlete for a six-month engagement, promoting the Company's Action Sports Division and representing the Canna HempX™ brand.
Infused MFG, a subsidiary of the Company and manufacturer of Canna HempX™ branded products, has established a new Action Sports Division and will be working with professional athletes to market its CBD sports recovery cream. First launched in collaboration with Grizzly Griptape LLC in 2018, the Canna Hemp™ cream has seen a surge in interest from the skateboarding community and is now branching out to attract the mixed martial arts sports division.
Ms. Moras, a Canadian mixed martial artist who competes in the Bantamweight division and is based in Las Vegas, has gained notoriety since making her professional MMA debut in 2010. "I am pleased to represent Canna HempX™. Training multiple times a day is exhausting and takes a toll on my body. With Canna HempX™ CBD, I am able to push harder, recover quickly and stay focused longer ," said Ms. Moras.
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