Investor Ideas #Potcasts, #Cannabis News and Stocks on the Move; (CSE: $MWM.C) (TSXV: $KHRN.V) (TSX: $TRST.TO) (NYSE: $CTST) (CSE: $ISH.C) (CSE: $TGIF.C)
Delta, Kelowna, BC –April 8, 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 insights from thought leaders and experts.
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Read this in full at https://www.investorideas.com/news/2019/cannabis-potcasts/04081MWM-KHRN-TRST-CTST-ISH-TGIF.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 experts and industry leaders.
Today we are looking at announcements from Micron Waste Technologies Inc., Khiron Life Sciences Corp., CannTrust Holdings Inc., Inner Spirit Holdings Ltd. and 1933 Industries Inc..
Micron Waste Technologies Inc., (CSE: MWM) (OTC: MICWF) a leading developer of waste treatment systems for food and cannabis waste, announced today an expanded collaboration with BC Research Inc. (BCRI) to facilitate rapid commercialization of the Company's second-generation food waste processing system. The new Organivore™ 2.0, designed for on-site waste processing for commercial producers of food waste, including supermarkets and food processors, producers and distributors, will combine new innovations developed for the CannavoreTM system, which Micron and BCRI purpose-built for the cannabis industry. Micron and BCRI will now rapidly install new technologies and applications into the Organivore™ 2.0, with market readiness anticipated in the second half of this year.
Organivore offers a cleantech solution to conventional waste treatments. Roughly one-third of the food produced in the world for human consumption every year - approximately 1.3 billion tonnes - is lost or wasted. Food losses and waste amounts to roughly US$680 billion in industrialized countries and US$310 billion in developing countries (FAO). Much of this food is diverted to landfill: Landfills are the second largest single human source of methane emissions, accounting for 16% of all methane sources (UNECE) and Methane is 34 times more damaging to the environment than CO2 (IPCC)
"The Organivore will target, in particular, the significant segment of the food industry that has challenges with compliant, sustainable and cost-effective management of food waste, including restaurants, hotels, cruise ships, food processers and hospitals," said Alfred Wong, President & CEO of Micron. "We will initially prioritize the treatment of specialized waste, which has more contaminants. Specialized waste is more highly-regulated and offers high-margin opportunities for Micron. Conventional methods of treatment are under increasing government and regulatory scrutiny, putting pressure on waste producers to find cleaner and more efficient management strategies."
Khiron Life Sciences Corp., (TSXV: KHRN) (OTCQB: KHRNF), a vertically integrated cannabis leader with core operations in Latin America, today announced four key additions to its executive team to strengthen its market reach in Mexico and Chile, and implement its joint venture initiative with Dixie Brands, a partnership that will bring more than 100 market-leading Dixie brands to the Latin American market.
As Khiron grows to a company of more than 200 employees across four jurisdictions, it continues to execute its market expansion strategy to deploy a formidable and well-connected team in every market in which it operates, furthering its first-mover advantage across the region.
The company appointed John Cooke - VP Corporate Development, Luis Chavas – Country Manager, Mexico, Rodrigo Azócar – Country Manager, Chile and Rodrigo Durán – Lead, Dixie Brands Joint Venture0.
Alvaro Torres, Khiron CEO and Director, commented: "We are excited to announce such a talented team will be joining Khiron as we continue to expand our market initiatives across various jurisdictions in Latin America. Their deep commitment and wealth of experience will be invaluable to the Company's vision, helping us accelerate our market growth across the region."
CannTrust Holdings Inc. (TSX: TRST) (NYSE:CTST), announced that its cultivation and processing permit under Health Canada Cannabis Regulations was amended to include the final 20% of its Phase 2 expansion. The entire 450,000 sq. ft. of its perpetual harvest greenhouse in Pelham, Ontario, is now fully licensed.
"We have always been confident that our processes meet and exceed regulatory standards, and we now have further validation of this from our regulators," said Peter Aceto, Chief Executive Officer. "With this approval, CannTrust is set to meet its plan to reach 50,000kg of annualized capacity at the perpetual harvest greenhouse and continue providing award-winning products in a cost-effective manner."
Inner Spirit Holdings Ltd. (CSE:ISH) (OTC: INSHF), today announced that further to the initial investment and strategic partnership with Tilray, Inc. (NASDAQ:TLRY) and its wholly owned subsidiary High Park Holdings Ltd. that was announced in December 2018, Tilray has increased its total investment in Inner Spirit to $6 million by providing the Company with a $1.5 million secured short-term loan at a rate of 12.0% per annum.
"This additional investment by Tilray is a testament to the strength of the relationships Spiritleaf has built with our strategic partners. When you add the initial success of our local ownership franchise model, the dozen pending corporate stores at high-traffic locations throughout Alberta, and the additional franchise locations we intend to open across the country, Spiritleaf is well positioned to execute on its business plan," said Darren Bondar, President and CEO of Inner Spirit.
The Company also provided an update on its operations in Ontario as a new Spiritleaf retail store opened in Kingston, Ontario on April 1, 2019. Store sales have exceeded $230,000 in the first seven days of operation with more than 4,800 customers served. Under the terms of the retail and licensing agreement, Spirit Leaf Inc., which is a wholly owned subsidiary of the Company, receives a retail licensing fee of five percent of sales with an additional one percent contributed to Spiritleaf's national marketing fund.
1933 Industries Inc. (CSE: TGIF) (OTCQX: TGIFF) a licensed cultivator and producer of cannabis flower and concentrates and manufacturer of hemp-derived CBD wellness products, announced the execution of a licensing agreement dated April 3, 2019 between House of Hawk, LLC and the Company's subsidiary, Infused MFG, LLC for the launch of several co-branded CBD wellness products for a two-year term in North America.
The action sports market is quickly becoming a champion of the potential benefits of CBD. Infused has been a leader in this segment since launching its Canna Hemp X™ line in 2018 led by brand manager David Hafsteinsson. Working in collaboration with one of the most respected skateboarding names in the world, Infused will launch several co-branded products, including CBD recovery creams and lotions, as well as hemp-only recovery creams and lotions. Sold under Canna Hemp™, Canna Hemp X™ and Birdhouse Skateboards™ ("Birdhouse") names, the new branded products represent the first collaboration between Birdhouse and a CBD wellness products manufacturer.
Chris Rebentisch, USA COO and Founder of Infused stated, "It's truly an honor to be working with Tony Hawk's Birdhouse Skateboards™ brand and their incredible organization. Birdhouse team members Clive Dixon, Ben Raybourn, David Loy and Clint Walker will help support the new partnership via social media. The opportunity of offering our sports recovery products under a partnership with Hawk's brand Birdhouse adds credence to our brand. Tony is an internationally recognized action sports figure and responsible for fuelling the growth of skateboarding as a professional sport." Mr. Rebentisch added, "Infused recognizes that the action sports vertical is an underserved market. Our mission is to offer the best of breed recovery products in the market today and we look forward to working with Birdhouse in this endeavour."
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