Friday, January 31, 2020
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Interview with Co-Founder/CEO of Greenlane Enterprises (NASDAQ: $GNLN)
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Interview with Co-Founder/CEO of Greenlane Enterprises (NASDAQ: $GNLN)
Delta, Kelowna, BC, January 31, 2020 (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 podcast edition of 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/2020/cannabis-potcasts/01311Interview-NASDAQGNLN.asp
Today’s podcast overview/transcript:
Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.
In today’s podcast Investorideas interview Aaron Locascio, Co-Founder and CEO of Greenlane Holdings Corp. (NASDAQ: GNLN) where we discussed the companies most recent announcements, the cannabis accessories market and how Greenlane has worked to establish itself as one of the premium suppliers of cannabis accessories throughout North America and their expansion into the EU and other Global markets.
Greenlane is one of the largest global sellers of premium cannabis accessories, CBD and liquid nicotine products. The company operates as a powerful house of brands, third party brand accelerator and distribution platform for consumption devices and lifestyle brands serving the global cannabis, CBD, and liquid nicotine markets with an expansive customer base of more than 11,000 retail locations, including licensed cannabis dispensaries, and smoke and vape shops. Greenlane has an established track record of partnering with brands through all stages of product life cycle, providing a range of services including product development, go-to-market strategy, sales and marketing support, market research, customer service, direct-to-consumer fulfillment, warranty repair, supply chain management, and distribution. In addition to owning and operating its own brands, Greenlane is the partner of choice for many of the industry’s leading players including PAX Labs, (Canopy-owned) Storz & Bickel, JUUL, Grenco Science, Firefly, DaVinci, Select, Sherbinskis, Bloom Farms, Mary’s Nutritionals, Cookies and dozens of others. Greenlane’s house of brands is comprised of child-resistant packaging innovator Pollen Gear; VIBES rolling papers; the Marley Natural accessory line; the Keith Haring accessory line, Aerospaced & Groove grinders, and Higher Standards, which is both an upscale product line and an innovative retail experience with flagship stores at New York City’s famed Chelsea Market and Atlanta’s Ponce City Market. The company also owns and operates Vapor.com, an industry leading e-commerce platform which offers convenient, flexible shopping solutions directly to consumers.
When asked how the company goes about their selection process for bringing in new brands and products, Aron commented, “We look at a combination of factors, including the premium nature of the products as we do have a strong emphasis on premium products, that being said we also watch trends in the marketplace very carefully. Having been in business for 15 years now in this industry, which is an incredible amount of time in this industry, we now have an incredible amount of data that we’re able to leverage to find potential gaps in the marketplace and to fill those gaps either with existing brands or with our in house brands.”
The company also recently announced a comprehensive distribution agreement with Advanced Vapor Devices, a high-tech manufacturer of vaporizer cartridges and batteries, for AVD products, including its entire suite of glass and resin cartridges, glass disposable cartridges, and rechargeable and disposable batteries.
Under the terms of the agreement, Greenlane will distribute AVD’s Easy-Press Glass Cartridge, the industry’s first glass cartridge with a thumb snap-on, tamper-proof locking system, which is designed to reduce bottlenecks in rapid high-end, high-production filling and capping environments.
“We are excited to be partnering with AVD to bring its innovative vaporization technology to market,” said Aaron LoCascio, Chairman and Chief Executive Officer of Greenlane. “AVD’s product technology delivers fulsome flavors without compromising on cartridge and battery reliability or integrity. We will leverage our expansive distribution network to make AVD’s full suite of products available to consumers through licensed cannabis dispensaries, as well as smoke and vape shops throughout North America.”
Greenland recently expanded in the EU and when asked about future expansion Aaron commented, “There are two particular markets that are of interest to us where we haven’t launched a full-blown operation yet and they are South America, where we are working with a local partner in the Argentinian market, and also Australia is of interest to us. Those are the next two markets we are evaluating.”
Aaron went on to discuss their European operations saying, “In Europe in particular, one of the opportunities and challenges that still exist today is there is a lot of fragmentation in distribution out there. So bringing some of our best practices to the Conscious Wholesale Organization, the acquisition that we made, we think will make a very meaningful difference in the growth trajectory of our European business. Also it's dealing with so many different languages in Europe that can be another challenge as well.”
Aaron went on to discuss the company's goals for 2020, expectations for the industry as a whole and which brands and tech coming out are most exciting.
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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#Cannabis/ Therapeutic #Stock News-American Premium Water Corp (OTC: $HIPH) Expanded Vanexxe #VaricoseVein Treatment Product Distribution in Australia with Nutra Pty. Ltd
#Cannabis/ Therapeutic #Stock News-American Premium Water Corp (OTC: $HIPH) Expanded Vanexxe #VaricoseVein Treatment Product Distribution in Australia with Nutra Pty. Ltd
The global varicose vein treatment market was valued at $376.64 million in 2017, and is expected to reach $589.06 million by 2025, growing at a CAGR of 5.7% from 2018 to 2025.- Allied Market Research
PLAYA VISTA, CA, January 31, 2020 (Investorideas.com Newswire) American Premium Water Corporation (OTC: HIPH) recently reported that Canyon Create Corp, the manufacturer of Vanexxe has entered into a Letter of Intent (LOI) with Nutra Pty. Ltd. (Nutra), an Australian corporation with extensive reach in distribution of personal products, to engage in the licensed production and sale of Vanexxe throughout Australia and Southeast Asia. The Company has an equitable interest in Canyon Create Corp.
Read this news featuring HIPH in full at https://www.investorideas.com/news/2020/cannabis/01311OTCHIPH-Vanexxe.asp
American Premium Water Corporation CEO Ryan Fishoff commented, “This is an exciting day for Vanexxe! Not only is this ground breaking product expanding to Australia, its also being evaluated by the TGA to be classified for therapeutic use. If approval is given, it will greatly expand the number of channels that can sell the product. It will also offer further validation of the product and its efficacy. The LOI with Nutra Pty falls in line with our focus on international expansion, and has been in the works for some time, as the Company stated back in July that it was in discussions with distributors across the Pacific Rim. Establishing a foothold in the Pacific has been a stated goal of the Company’s. As we move into 2020, we will continue to focus on expanding into this region. I look forward to updating shareholders when the Nutra Pty LOI is completed and the Company’s other activities in the area.”
The Therapeutic Goods Administration (TGA) is the regulatory body for therapeutic goods (including medicines, medical devices, gene technology, and blood products) in Australia. The LOI with Nutra stipulates that they would be responsible for the manufacturing and distribution of Vanexxe in Australia and surrounding regions in Southeast Asia. Nutra will also take the lead in shepherding the product through the approval process of the TGA. Australia is one of the world’s largest economies, having the 14th largest GDP globally.
Canyon Create Founder and President, Campbell McAuley, said: “This is the most encouraging news to date that we will be able to have our products marketed extensively in Australia and in the Southeast Asian region based on this anticipated approval by the TGA. We are confident that Nutra is an excellent manufacturing partner that will be able to meet our expectations, resulting in what we project will be the production and sale of hundreds of thousands of units of Vanexxe, as well as our other skin care topical brands.”
LALPINA CBD water can be purchased online at visiting https://www.singleseed.com/product/lalpina-cbd-water-6-pack/
LYNKS Pet CBD Water can be purchased online:
Vanexxe can be purchased on Amazon here
Vanexxe Varicose Vein Treatment - vein support for varicose veins and to help reduce the appearance of varicose veins
Price: $49.99 ($25.00 / Fl Oz)
· VISIBLE RESULTS IN 45 minutes - 2 hours THANKS TO THESE ALL NATURAL INGREDIENTS Ginko Biloba, Activated B Vitamins, Antioxidants, and Peptides
· We pride ourselves on lab-tested, pesticide, metal, toxin, and cruelty free products. All of our product ingredients are ethically formulated in FDA approved laboratories and CGMP compliant facilities. We insure performance-based ethical products with the collaboration of industry leading dermatologists, clinicians, aroma therapists, skincare specialists and beauty experts.
The Company’s research report was recently updated by Ludlow Research with a short-term price target of $0.03. To read full report, risks, and disclosures, click here
About American Premium Water Corp.
American Premium Water (HIPH) is a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors. The company is focused on harnessing the powers of Nano technologies paired without cannabidiol (CBD) to treat health disorders and enhance quality of life. The company’s portfolio includes the LALPINA Hydro and LALPINA CBD brands (www.lalpinahydrocbd.com), Gents (www.gentsco.com), Vanexxe (www.vanexxe.com) and plant + body essentials (www.plantbodyessentials.com).
American Premium Water strives in providing only the highest quality CBD sources for its products, with quality control being one of our first and foremost focuses. The Company aims for this standard not only for compliance reasons, but also to provide our customers the highest quality product possible.
About Canyon Create Corp.
Canyon Create Corp., a Nevada Corporation, is the developer of Vanexxe (www.vanexxe.com), a patented cosmetic cream that uses a proprietary formulation to eliminate the appearance of varicose veins. The product works by simultaneously bringing heightened blood flow to the bulged vein valve, allowing it to pull away from the dermis and return to a more normal condition, and increases the elasticity in the upper skin layers to provide healthier skin, assisting in moving the vein back to a non-visible location.
Safe Harbor Notice
Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). American Premium Water Corporation cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. American Premium Water Corporation undertakes no obligation to revise these statements following the date of this news release. Additional details of the Company's business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.
This press release is issued on behalf of the Board of Directors of American Premium Water Corporation.
Investor Relations
888-983-0054
The global varicose vein treatment market was valued at $376.64 million in 2017, and is expected to reach $589.06 million by 2025, growing at a CAGR of 5.7% from 2018 to 2025.- Allied Market Research
News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release HIPH is a paid for news release on Investorideas.com More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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Thursday, January 30, 2020
Investorideas.com - CBD Stock News: Sun Kissed Industries (OTC Pink: SKDI) Readies for Acquisition Closing with Significant Authorized Share Reduction
Investorideas.com - CBD Stock News: Sun Kissed Industries (OTC Pink: SKDI) Readies for Acquisition Closing with Significant Authorized Share Reduction
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Investorideas.com - Cannabis Stock News: One World Pharma (OTCQB: OWPC) Receives Multi-Year Purchase Order for $1.7 Million in Hemp Seeds
Investorideas.com - Cannabis Stock News: One World Pharma (OTCQB: OWPC) Receives Multi-Year Purchase Order for $1.7 Million in Hemp Seeds
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Wednesday, January 29, 2020
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; (OTC: $EDXC), (TSXV: $LIFT.V) (CSE: $CURA.C) (CSE: $AGRA.C) (CSE: $IMCC.C)
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; (OTC: $EDXC), (TSXV: $LIFT.V) (CSE: $CURA.C) (CSE: $AGRA.C) (CSE: $IMCC.C)
Delta, Kelowna, BC, January 29, 2020 (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 podcast edition of 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/2020/cannabis-potcasts/01291EDXC-LIFT-CURA-AGRA-IMCC.asp
Today’s podcast overview/transcript:
Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.
In today’s podcast we look at a few of this week’s announcements.
CBD Unlimited, Inc. (OTC: EDXC), formerly known as Endexx Corporation, a provider of innovative phytonutrient-based food and nutritional products, announced that the Company has been invited for an exclusive interview taking place at the Nasdaq MarketSite in Times Square, New York City on Wednesday, February 5th, 2020.
Mr. Todd Davis, CBD Unlimited’s Chairman and CEO, will be addressing the Company’s recent business developments and rapid growth of the CBD market. Once recorded, the interview will be released and immediately accessible to the public. This interview comes quickly after the Company’s new product suite launch and announcements of news related to additional international markets.
“We are thrilled to have the opportunity to share our recent developments and outlook for 2020 at the Nasdaq MarketSite in New York City,” commented Todd Davis, CEO and Chairman of CBD Unlimited. “2019 proved to be a tremendous year for our Company and we look forward to updating our audience on several new initiatives. Our team continues to cohesively exceed expectations while innovating new products and delivering to our customers. We look forward to sharing our updates directly from one of the top exchanges in the world right in the heart of New York City.”
Lift & Co. Corp. (TSXV:LIFT) (OTCQB:LFCOF) announced the results of the fourth-annual Lift & Co. Cannabis Business Conference (LCBC) and Expo Vancouver, which took place January 9-11, 2020.
This was Canada’s first major cannabis event of the year and occurred just as Cannabis 2.0 started rolling out across the country. New cannabis product formats are a highly anticipated market catalyst, estimated to bring in more than $2.5 billion annually, making LCBC and the Expo an essential launchpad for new products and a must-attend event for brands looking to resonate early with new consumers.
Highlights included:
● Lift & Co. streamlined the Expo weekend to one Industry Day and one Consumer Day to offer more targeted programming for each attendee segment;
● The total number of exhibitors at the Lift & Co. Cannabis Expo increased 15% to over 300 booths covering 162,000 square feet of the Vancouver Convention Centre;
● Total revenues were $2,574,832 for the event, an increase of 14% compared to the 2019 Vancouver event, with operating margin expected to be similar to previous Expos, in the range of 40% to 50%;
● The weekend featured over 120 speakers, including the industry’s top thought leaders from Canada and around the world;
● Several new products launched at the Lift & Co. Cannabis Expo including: BevCanna, who served non-infused versions of its upcoming iced tea and sparkling botanical drink; Haven St. introducing its new line-up of 5 premium infused teas; TOQi which launched the industry’s first wireless charging vape pen; and more.
“The increase in both exhibitors and revenue this year in particular demonstrates the value of the Lift & Co. events platform in the cannabis industry. We’re proud to see this continued growth in our events business, especially during a time when overall growth in the market didn’t always meet expectations,” said Matei Olaru, CEO of Lift & Co. “As we look ahead to a brand-new year in the industry, this Vancouver conference and tradeshow illuminated a vibrant future filled with opportunity, making it a must-attend event for investors, professionals and consumers now and in the future.”
The industry programming at the 2020 Vancouver LCBC and Expo signaled the evolution of cannabis into the next major consumer packaged goods (CPG) industry. Following the launch of Cohesion by Lift & Co. in 2019 and the subsequent introduction of Cohesion Segmentation—powered by Nielsen, Lift & Co. also further solidified its position as a CPG data player to-watch in 2020 at the event. The Company’s Chief Revenue Officer, Jon Kamin, shared the stage with executives from two of the Company’s key partners from 2019, Nielsen and EY Canada, for Thursday’s LCBC Keynote, moderated by Ipsos, on data analytics, consumer segmentation and creating a data-centric organization in cannabis. On the Expo Fire & Flower Stage, Sean Copeland, VP of Data, Lift & Co. honed in on data and market research alongside representatives from IBM Canada, Ipsos, and BDS Analytics.
Cohesion is a cannabis consumer insights platform with national coverage, launched by Lift & Co. on September 10, 2019. Cohesion draws from millions of Lift & Co.’s cannabis consumer and budtender data points, accumulated through verified reviews, purchase receipts and brand research on the Lift.co and CannSell platforms. In November, 2019, Lift & Co. announced a strategic partnership with Nielsen for an industry-first cannabis consumer profiling and segmentation tool, Cohesion Segmentation - powered by Nielsen, followed by the addition of Adobe Advertising Cloud demand-side-platform (DSP) in December, 2019. This enhancement gives Cohesion clients the ability to understand their target consumer segments and their likely purchase habits, and then seamlessly deliver compliant programmatic advertising and digital media buys to these segments through one platform.
Cohesion is available today to industry participants as a monthly service by contacting the Company.
At its booth, Lift & Co. also revealed an early version of the new Lift & Co. App, a new offering that will bring the power of the Lift.co platform into the pockets of consumers and budtenders. Within the app, consumers or budtenders can take a photo of a cannabis package label for immediate access to the tens of thousands of cannabis product reviews on Lift.co. After a purchase, consumers can upload a photo of their receipt directly on the app to earn Lift Points. The app is a new source for much-needed product education from Lift & Co. and will further enable the Company to tap into essential consumer and retail data insights available to the cannabis industry through Cohesion. More on the Lift & Co. App will be announced in the coming months.
Listen to Investorideas recent interview with CEO Matei Olaru here
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, announced it will open Cape Cod's first adult-use retail dispensary today, on Wednesday, January 29, 2020 at noon.
The retail store is located at 170 Commercial Street in the heart of Provincetown and will be open seven days a week. Normal hours of operation are 10am – 6 pm from Monday through Saturday and 10am – 5pm on Sunday during the winter and early spring.
"We are very excited to bring the first adult-use cannabis dispensary to Cape Cod. Provincetown is a vibrant community where we plan to hire over 30 people and become engaged with the cultural activities, charities and local initiatives that are important and make the Outer Cape and Provincetown so special," said Patrik Jonsson, President of Curaleaf Massachusetts
.
"As one of the largest cannabis companies in the United States, we are proud to be based right here in Massachusetts and to be expanding our presence across the Commonwealth," said Curaleaf CEO Joseph Lusardi. "Providing high quality and reliable products to patients and customers in our home state is a key part of Curaleaf's mission."
The company opened its first adult use location in Oxford, Massachusetts in 2019, co-located with its medical dispensary. Curaleaf also plans to open another adult use retail location in Ware, MA this spring, pending regulatory approval. Curaleaf currently employs 65 people at its national headquarters in Wakefield, MA and another 148 employees at its local Massachusetts operations, which also includes a medical dispensary in Hanover, MA and a processing and cultivation facility in Webster, MA. Over the past year, Curaleaf has grown to become one of the largest cannabis companies in the United States under the leadership of CEO Joseph Lusardi, a Massachusetts native.
IM Cannabis Corp. (CSE: IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, announced that on January 23, 2020 it signed definitive agreements to establish a medical cannabis cultivation and processing joint venture in Greece. The Company's Joint Venture partner is Galen Industries Single Member Societe Anonyme, a Greek company established by a consortium of investors in Greece with extensive experience in the pharmaceutical, media, finance and energy sectors. In addition, the Joint Venture and IMC have signed a preferred supply agreement in which IMC has the right to purchase up to 25% of the total production from the Joint Venture. IMC expects to gain commercial and competitive advantages by supplying the German market and other emerging markets across Europe with EU-GMP medical cannabis products from the Joint Venture's facility in Greece at preferred terms.
"Expanding IMC's operations to Greece is another significant milestone in our Europe-focused growth strategy and we have found excellent local partners that share the same vision as we do," said Oren Shuster, Chief Executive Officer. "Similar to Israel, Greece possesses excellent natural growing conditions for the cannabis plant. Once the Joint Venture receives EU-GMP certification, it will augment the sources from which the Company procures IMC-branded medical cannabis products for medical patients in Germany at first and throughout Europe over time."
Galen's Managing Director, Mr. Vasileios Georgopoulos said, "IMC was carefully selected as our partner due to its proven track record and is a distinguished brand of medical cannabis in Israel and Europe, which gives us great confidence in this Joint Venture in combination with our local market expertise. The medical cannabis market in Europe is a very large long-term opportunity and we will move quickly with IMC to establish an early advantage through this very focused Joint Venture. We are incredibly happy to partner with a great global player, while supporting the growth of a new medical industry in the recovering Greek market. We expect the Joint Venture to create many new job opportunities in the coming years."
AgraFlora Organics International Inc. (CSE: AGRA) (OTC: AGFAF), a growth oriented and diversified international cannabis company, announced that construction at the Company’s industry-leading automated edibles manufacturing facility is expected to be completed in the next 60 days, with approximately 75% of the work having been completed.
The Company anticipates the Winnipeg Edibles Facility will submit its Health Canada affirmation of readiness and video evidence package shortly after completion of construction. The Company is working with industry-leading experts to manage the timing and quality of the Evidence Package Submission and expects the Standard Processing License to be granted at the Winnipeg’s Edibles Facility by summer 2020.
“Completing the construction and licensing of the Winnipeg Edibles Facility is a strategic priority for AgraFlora in 2020,” said Brandon Boddy, CEO of the Company. “Edibles have only been broadly available to Canadian consumers starting in 2020 and the industry is still struggling to manage quality and inventory levels. Our team in Winnipeg has a century of candy making experience, and our facility is designed to produce high-quality, consistently dosed edibles using smart automation investments to reduce costs as much as possible. Once licensed, we expect to be disruptive in the edibles space.”
The Winnipeg Edibles Facility is a state-of-the-art commercial scale edibles facility that features industry leading manufacturing equipment and automation for the production of cannabis edibles. The facility’s initial focus will be the production of THC and CBD infused cannabis gummies which management believes will be the largest category of cannabis edibles in Canada. The facility is designed and operated by the Company’s joint-venture partner holding nearly a century of confectionary manufacturing experience. The facility design, workflow and equipment will allow the production of cannabis edibles with unparalleled quality and consistency of dosing. In addition, strategic investments in automation will allow the Winnipeg Edibles Facility to reduce its operating costs.
Some key facility highlights include:
● Automated Manufacturing: the custom developed confectionary line utilizes automated mixing, cooking and depositing systems to allow cannabis edibles to be produced from raw materials and cannabis inputs with little human intervention. This process reduces labour costs versus more manual manufacturing systems, increases throughput and increases product consistency.
● Smart Recipe Management: the facility’s manufacturing equipment is all computer controlled with each recipe custom programed to the exact required specifications. This ensures that recipes are followed exactly, increasing the consistency and predictability of the final product. In addition, the smart recipe management facilitates faster recipe changes, increasing the flexibility of the production line.
● Pharmaceutical Grade Dose Management: consistent dosing of the cannabis edibles is vital to maintain regulatory compliance and consumer confidence. The equipment utilized by the Winnipeg Edibles Facility is pharmaceutical grade meaning it is capable of precisely dosing the edibles with cannabinoids. Furthermore, the best-in-class design means the cannabinoids are deposited into the edibles after the mixing and cooking process, removing the requirement to blend bulk batches of in-process edibles, which can create challenges to the maintenance of consistent dosing.
● Rapid Batch Turn-Over: the depositing system utilizes a double-headed design which facilitates rapid switching between recipes. The system has been designed to facilitate this rapid turnover without creating a risk of cross-contamination between batches. This increases the facility’s flexibility to produce additional SKU’s as compared to a single-headed depositing system.
● Robust Clean-In-Place Systems: the equipment has been fitted with an automated clean in place system that utilizes advanced systems to rapidly and effectively clean and sanitize the production equipment without disassembly or transportation to a cleaning bay. This will greatly reduce the labour required to maintain a sanitary production environment and increase daily throughput by reducing equipment downtime due to cleaning.
“We have seen in the data from the United States and the early sales in Canada that gummies are the preferred edible form factor, and our JV partner has circa 100 years of experience producing candy confectionaries such as gummies,” continued Brandon Boddy. “We’ve been strategic in our investments in automation to ensure our line is industry leading from a cost perspective, but also very flexible to accommodate different sizes of production run, flavours and cannabinoid contents. Over time, our equipment will allow us to branch out beyond gummies into chocolates, caramels, hard candies and more complex infused confections.”
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
Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
Investorideas.com podcasts are also available on iTunes, Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio and Tunein.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining the AI Eye .
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