Wednesday, July 21, 2021

Investor Ideas #Potcasts 588, #Cannabis News and #Stocks on the Move; (Nasdaq: $SNDL) (TSXV: $HITI.V) (Nasdaq: $HITI) (CSE: $GAGE.C)


Investor Ideas #Potcasts 588, #Cannabis News and #Stocks on the Move; (Nasdaq: $SNDL) (TSXV: $HITI.V) (Nasdaq: $HITI) (CSE: $GAGE.C)



Delta, Kelowna, BC, July 21, 2021 ( Newswire) www.Investoride,, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site,  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.


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Today’s podcast overview/transcript:


Good afternoon and welcome to another episode of "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 private and public company announcements.


Sundial Growers Inc. (Nasdaq: SNDL) announced the completion of the previously disclosed arrangement whereby Sundial has acquired all of the issued and outstanding common shares of Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHF) for consideration per Inner Spirit Share consisting of (i) $0.30 in cash and (ii) 0.0835 of a common share of Sundial.



       Establishes Sundial as one of Canada's largest vertically integrated cannabis companies: Sundial is a diversified cannabis company with a strong brand portfolio and extensive consumer packaged goods experience. Acquiring Spiritleaf broadens Sundial's business with a strategic entry into cannabis retail and enables greater access to and understanding of retail markets, product marketing insights and consumer purchasing trends.

       Establishes Sundial as Canada's largest single-branded network of retail operations: The addition of well-established Spiritleaf franchised and corporate-owned stores, representing the country's largest single-brand recreational cannabis retailer with 100-plus stores across six provinces, provides Sundial with an integration and expansion platform in current operating markets in Canada.

       Strengthens Sundial's retail expertise with cannabis advocates: Spiritleaf has earned its reputation as an industry leader for its franchise sales and support system, in-store design and experience, employee education and training, marketing creativity and customer benefits program.


"The acquisition of the Spiritleaf cannabis retail network makes Sundial a stronger and more diverse cannabis company," said Zach George, Chief Executive Officer of Sundial. "We are excited to work with the Spiritleaf team and franchise partners to further develop and optimize the store network in Canada and provide a clear path to sustainable profitability for Sundial. Spiritleaf has demonstrated the ability to grow its brand from coast to coast, and we plan to support this growth trajectory, enhance the use of data to make key business decisions, and provide an optimal product assortment to meet the diverse needs of Canadian cannabis consumers."


Darren Bondar, President and Chief Executive Officer of Inner Spirit, said, "We believe the acquisition of Inner Spirit and the Spiritleaf network by Sundial represents the clear best path forward for Inner Spirit shareholders. Spiritleaf recently achieved the 100-store milestone in Canada and is the first cannabis retail company to do so. We are proud of what we have accomplished with the Spiritleaf brand and what we have built with the support and dedication of our franchise partners and employees in communities across the country. I know our brand and our people are in good hands with Sundial and this transaction, along with our loyal customer base, will further entrench the Spiritleaf brand as a leading retailer in Canada while enhancing Sundial's path to profitability."


Inner Spirit has submitted applications to the applicable regulators to cease being a reporting issuer and to terminate its public reporting obligations. It is anticipated Inner Spirit Shares will be de-listed from the CSE on or about July 21, 2021. Full details of the Arrangement are set out in the management information circular of Inner Spirit dated June 14, 2021 which is available under Inner Spirit's profile on SEDAR at


Ghost Drops announced the launch of its pioneering NFT marketplace,


In collaboration with full-service digital banking partner QNTMPAY, Ghost Drops – the iconic cannabis brand which recently announced its popular launch into the legal market – is launching Crypto Drops, a world-first NFT platform focused on cannabis and the gamification of cannabis cultivation.


This is the digital future of cannabis," says Ghost Drops CEO Gene Bernaudo. "Globally, there's nothing like this but there's a real appetite for it. We're thrilled to continue to expand the boundaries of cannabis culture." will launch in two waves. First, Ghost Drops is releasing its fan-favourite legacy strain art as unique, one-of-a-kind digital NFTs. This is a chance for cannabis collectors and connoisseurs to own a piece of the renowned Ghost Drops history. The legacy market strain art is being retired as it is not compliant with legal market restrictions.


In the second wave, Crypto Drops will expand considerably, building out a virtual gamified world of cannabis collection and cultivation. Featuring digital breeder packs of sought-after cannabis seeds, users can buy, sell and trade seeds, and grow virtual plants to crossbreed with other strains.


"Ghost Drops has been a cultural icon in Canadian cannabis. Now, we're about to revolutionize banking, NFTs and crypto in this space," Bernaudo says.


"I love that our original fans have this opportunity to own a piece of the Ghost Drops legacy with our strain art. This way, the history of the ghost can live on with the fans who helped us get here.


"And for cannabis connoisseurs, collectors and gamers, I can't wait for them to experience the new digital cannabis frontier we're pioneering with Crypto Drops."


The partnership with QNTMPAY is a blockbuster piece of The Official Digital Banking Partner of Ghost Drops and Crypto Drops, QNTMPAY is next-generation, no-worries banking that will provide ease of entry into buying and selling cannabis NFTs.


QNTMPAY removes the requirement to deal with cryptocurrency to purchase NFTs by processing debit, Visa, Mastercard, Apple Pay, and more. Through QNTMPAY, Ghost Drops will also offer its customers a free peer-to-peer banking solution, including Ghost-branded bank cards and Mastercards.


In addition, Ghost Drops will also be introducing a points system – Ghost Cash – allowing consumers to redeem points from QNTMPAY purchases, to redeem on merchandise and accessories. Consumers who had been earning the former rewards, Ghostdots, will be able to transfer their points over.


QNTMPAY Founder Adam Pearsall says this launch marks the beginning of an exciting partnership in a high-growth space.


"Crypto Drops is going to transform the cannabis space, both in a cultural sense and also with how money changes hands. QNTMPAY is excited to be a part of this venture, as we bring our cutting-edge banking technology to this game-changing partnership."


Gage Growth Corp. (CSE: GAGE), a leading high-quality premium cannabis brand and operator in Michigan, announced that Gage and Pure Beauty have entered into an exclusive five-year partnership agreement to launch Pure Beauty's line of premium cannabis products in the state of Michigan, pending Michigan regulatory approval. Pure Beauty is a California-based boutique cannabis brand that combines art, culture, and style with sustainable and social justice practices.


Through the Partnership, Gage will be the exclusive producer, processor, wholesaler and retailer of Pure Beauty branded products in Michigan. Gage and Pure Beauty will work to develop and commercialize a product lineup that includes flower, a full range of pre-rolls, extracts, beverages and edibles that will be sold at Gage branded provisioning centers (dispensaries).


"Our mission is to bring unique, high-quality products to market, while being mindful of the social and environmental implications intrinsic to the cannabis industry," said Imelda Walavalkar, CEO of Pure Beauty.  "As a brand that cares deeply about art and culture, we felt very aligned with Michigan's distinct and thriving culture, specifically with Gage, who we find to be among the best cultivators and operators in the nation. We are confident they will execute at the highest level as they share our commitment to social justice.  We could not be more excited about this partnership."


"We are thrilled to announce this partnership with one of the top brands in cannabis," said Fabian Monaco, CEO of Gage. "Brand recognition is key to winning in the cannabis industry and with the addition of Pure Beauty to our brand portfolio, we look forward to creating and delivering the highest-quality cannabis products and experiences to our customers and patients."


High Tide Inc. (TSXV: HITI) (Nasdaq: HITI), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced that its pursuit to dominate the e-commerce marketplace for consumption accessories and merchandise, especially targeting the United States, has attracted another leading retailer to join the High Tide family. High Tide has entered into a definitive agreement pursuant to which High Tide USA Inc., a wholly-owned U.S. subsidiary of the Company will acquire 100% of the issued and outstanding shares of DS Distribution Inc., operating as for US$3.85 Million.


"This acquisition is yet another example of how High Tide's U.S. e-commerce infrastructure and network keep getting stronger.  Rolling multiple established e-commerce platforms into our network is positioning us nicely to create numerous synergies and efficiencies across our ecosystem. Along with this transaction, our last two acquisitions have increased High Tide's social media reach by leaps and bounds, giving us access to an invaluable potential customer base," said Raj Grover, President and Chief Executive Officer of High Tide.  "Being vertically integrated in the consumption accessories space and having access to the end consumer will continue to result in our ability to make meaningful high margin sales across all of our channels.  Having already commenced online cannabis sales in three Canadian provinces, and already possessing an established customer network in place in the U.S. positions us well to commence online cannabis sales and cannabis subscription boxes in the United States if and when federally permissible. It is for these and many other reasons that I am delighted to welcome the DankStop team to the High Tide family of companies," added Mr. Grover.


With over 10 years of experience in the consumption accessories sector, including through its subsidiaries Grasscity, Smoke Cartel and Daily High Club, High Tide is constantly exploring opportunities to further increase its share in the growing consumption accessories market. The DankStop acquisition will be immediately accretive and its growing base of over 200,000 email subscribers provides High Tide with another sales channel on which to sell its products, thus leveraging retail margins on its own brands.  The acquisition will also result in enhanced efficiencies and vertical integration as DankStop is already a supplier for High Tide's  dropshipping catalogue. Although currently operating in the hemp-derived CBD and consumption accessories space, High Tide intends to expand its cannabis retail network into the United States in the event of federal legalization, through cannabis subscription boxes, mature e-commerce sites and bricks and mortar locations.  The work of launching consumption accessories and hemp-derived cbd subscription boxes across all platforms has begun and High Tide will continue to optimize and integrate these platforms throughout the year.  Upon closing of the transaction DankStop co-founder Feliks Khaykin and director Gabe Aronovich will be joining the High Tide team with Feliks taking on the role of Director of U.S. Operations and Gabe coming on as Director of U.S. Business Development.


Investor ideas reminds all listeners to read our disclaimers and disclosures on the website and that 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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About - News that Inspires Big Investing Ideas publishes breaking stock news,  third party stock research , guest posts and original  articles and podcasts in leading stock sectors.  Learn about investing in stocks and get  investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast. 


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