Investorideas.com - Bill C-45, the #Cannabis Act, passed in #Senate
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Wednesday, June 20, 2018
Investorideas.com - Leviathan Cannabis (CSE: EPIC) Debuts On The CSE 25 Index; #Cannabisstocks
Investorideas.com - Leviathan Cannabis (CSE: EPIC) Debuts On The CSE 25 Index; #Cannabisstocks
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 - CSE New #Cannabis Listing - Planet 13 Holdings Inc. (PLTH); @CSE_News
Investorideas.com - CSE New #Cannabis Listing - Planet 13 Holdings Inc. (PLTH); @CSE_News
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 - Alliance (CSE: $ACG.C) Files Application in Alberta for Legal Pot Distribution and Launches Seed to Sale Awareness Campaign; #cannabisstocks
Investorideas.com - Alliance (CSE: $ACG.C) Files Application in Alberta for Legal Pot Distribution and Launches Seed to Sale Awareness Campaign; #cannabisstocks
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 - #Cannabisstocks; Emblem (TSXV:EMC) to Launch Emblem #Germany in Joint Venture with Acnos Pharma
Investorideas.com - #Cannabisstocks; Emblem (TSXV:EMC) to Launch Emblem #Germany in Joint Venture with Acnos Pharma
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Investor Ideas #Potcasts; #Cannabis News and Stocks on the Move; Bill C-45, TSX: $WEED.TO, TSX: $ACB.TO, CSE: $LIB.C , CSE: $VGW.C, New Listing -Livewell Canada
Investor Ideas #Potcasts; #Cannabis News
and Stocks on the Move; Bill C-45, TSX:
$WEED.TO, TSX: $ACB.TO, CSE:
$LIB.C , CSE: $VGW.C, New Listing -Livewell Canada
Pt. Roberts, WA; Delta, BC –June 20, 2018
(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
its new series, Investorideas.com potcastsCM - cannabis news and stocks to
watch plus insight from thought leaders and experts.
Listen to the podcast:
Read this in full at http://www.investorideas.com/news/2018/cannabis/06206Potcasts-BillC45WEEDACBLIBVGWLivewellCanada.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’s podcast features news from Canopy Growth Corporation (TSX
: WEED and NYSE: CGC), Aurora Cannabis Inc. (TSX: ACB and OTCQB: ACBFF) , Liberty Leaf Holdings Ltd. ( CSE: LIB and OTCQB as LIBFF), Valens GroWorks Corp. (CSE: VGW ) and new upcoming cannabis listing this week, Livewell Canada Inc.
But first
today, the Government of Canada welcomed the final vote on Bill C-45, the Cannabis Act, in the Senate as
an important step in the process of legalizing and strictly regulating cannabis
in Canada. The Act is currently awaiting Royal Assent.
Two years
ago, the Government of Canada launched the Task Force on Cannabis Legalization
and Regulation. Following extensive consultation with Canadians, provincial and
territorial governments and Indigenous communities, the Task Force presented
recommendations, which have served as the foundation for the Government's
legislative work. In April 2017, the Government introduced Bill C-45 with the
goals of keeping cannabis out of the hands of youth and keeping profits out of
the hands of criminals and organized crime.
The
Ministers of Justice, Health, and Public Safety and Emergency Preparedness also
confirmed that the date of coming into force of the Cannabis Act will be
announced shortly.
Once the Act
comes into force, adults who are 18 or 19 years of age and older (depending on
the province or territory) will be able to legally purchase, grow and use a
limited quantity of cannabis. Until that time, cannabis remains illegal in
Canada, unless authorized for medical or scientific purposes.
Canopy
Growth announced today the closing of its previously announced offering of
C$500 million aggregate principal amount of its 4.25% convertible senior notes
due 2023.
The initial
conversion rate for the notes is 20.7577 common shares per C$1,000 principal
amount of the notes, equivalent to an initial conversion price of approximately
C$48.18 per share. The Company intends to use the net proceeds from the sale of
the notes for supporting expansion initiatives and general corporate purposes,
including working capital requirements.
Aurora
Cannabis Inc. announced today that it intends to distribute units consisting of
shares and warrants of its subsidiary, Australis Capital Inc., to shareholders
of the Company by way of a return of capital.
The spin-out
of Australis will happen in the form of a distribution of units in Australis
Capital to resident holders of Aurora shares. Non-resident holders will receive
cash instead of units pursuant to the spin-out, priced at $0.25 per share.
Liberty Leaf Holdings Ltd. announced
that the Company has participated in Blox Labs Inc. () recently closed
non-brokered private placement financing for gross proceeds of
$1,111,650. The Company's total participation was for $50,000 comprising a
subscription for 666,667 common shares at $0.075 per share.
"Blox
is a tech development company focused on creating best-in-class software
solutions driven by emerging trends in blockchain, smart contracts and
decentralized applications. The Blox team is helping customers with solutions
for business problems from proofs of concept through execution," says Will
Rascan, President and CEO of Liberty Leaf Holdings Ltd. "Working with the
BLOX team is yet another link in our vision of vertical integration, uniting
all elements of the legal cannabis market – from cultivation, to processing,
distribution and selling a variety of cannabis products."
Valens GroWorks Corp., a
multi-licensed, vertically integrated provider of cannabis products and
services utilizing proprietary extraction processes, provided an update on
subsidiary Valens Farms' state-of-the-art, purpose-built 400,000 sq ft,
expandable (to 800,000 sq ft) cannabis cultivation and production facility,
currently under development.
Valens Farms is a $75,000,000
joint venture development of prime acreage with a purpose-built,
state-of-the-art, European GMP-certified cultivation center within the
municipality of the City of Armstrong.
·
Phase 1
buildout to 400,000 sq ft (permitted for up to 800,000 sq ft);
·
Zero cash
outlay for Valens, with Kosha contributing 100% of land, building and equipment
costs;
·
All hard
assets will be split 50/50 between Kosha and Valens, thereby providing $37.5
million of net assets to Valens' balance sheet with no cash outlay or liability
incurred;
·
Valens'
current Dealers License and GMP-certified facility in Kelowna is leveraged
through Valens Farms' production, enhancing opportunities to export cannabis
products internationally;
·
Initial crop
planting at joint venture facility is expected in Q4 2018, with Valens and
Kosha to split profits on a 50/50 basis following cost recovery by Kosha;
·
Valens Farms
is expecting Phase 1 production of up to 56,000 kg per year of premium monocrop
cannabis, primarily for extraction purposes. Monocropping minimizes grow time,
allows greater crop turnover, and is expected to enhance profit margins;
·
Subsidiary
Valens Agritech will extract cannabis all produced at Valens Farms for further
processing into higher-margin Valens-branded products for medical, as well as
the expected recreational cannabis markets in Canada and internationally.
LiveWell
Canada Inc. (formerly Percy Street Capital Corporation) announced
the completion of its qualifying transaction with LiveWell Foods Canada Inc. as
previously described in its news releases dated January 16, April 17, and May
31, 2018, and more particularly set out in its filing statement dated May 29,
2018, which is available under the profile of the Company at www.sedar.com. Additionally, the TSX Venture Exchange has
issued its final exchange bulletin confirming the completion of the QT after
yesterday's market close. Accordingly, at the opening on Thursday, June
21, 2018, the Company's common shares will commence trading on the TSXV as a
Tier 2 diversified industries issuer under the symbol "LVWL".
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
Subscribe to the new cannabis podcast series:
Investorideas.com podcasts are also available on
iTunes, Google Play Music, Stitcher 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 Ideas
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company profiles, interviews and more in leading sectors.
Investorideas.com
cannabis/marijuana and hemp content now includes http://cannabisstocknews.blogspot.com on Blogger.com: the
Investorideas.com news and stock directory pages, a cannabis investor group on
Linkedin.com , the 420 Cannabis Investor ideas www.420cannabisinvestorideas.com, and the new AI site Global Cannabis Investing at www.Globalcannabisinvesting.com
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. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.
Additional info
regarding BC Residents and global Investors: Effective September 15 2008 - all
BC investors should review all OTC and Pink sheet listed companies for
adherence in new disclosure filings and filing appropriate documents with
Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations
of each country.
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Vancouver #Cannabis Investors Get Insight into Growing Industry Just as Bill C-45 is Passed by Senate
Vancouver #Cannabis
Investors Get Insight into Growing Industry Just as Bill C-45 is Passed
by Senate
June 20, 2018- Investorideas.com,
a leader in cannabis investor news and resources, reports on the upcoming International
Cannabis Business Conference (ICBC) https://internationalcbc.com, being held
in Vancouver, British Columbia, June 24th-25th at the Sheraton Wall
Centre.
The conference follows
the passing and final vote on Bill C-45, the Cannabis Act, in the Senate;
legalizing and strictly regulating cannabis in Canada.
Read this in full at http://www.investorideas.com/news/2018/cannabis/06209ICBC-BillC45.asp
Minister of
Justice and Attorney General of Canada said, "Yesterday's vote in the
Senate on Bill C-45, the Cannabis Act, marks the next step in our Government's
commitment to legalizing and strictly regulating cannabis. Our public health
approach will better protect our youth, displace the illegal market, and
provide adults with a legal source of quality-controlled cannabis. Public
education will remain a cornerstone of our efforts to help Canadians get the
facts on cannabis and make informed choices."
Leading stocks
in the sector moved up on the news including one of the companies speaking at
the ICBC conference, Canopy Growth Corporation (TSX: WEED.TO), trading at $43.07, up 0.54 (+1.27%), with a
day’s high of $45, 07
Conference
topics include medical and recreational
regulations, raising capital, mergers and acquisition, branding, marketing,
investment opportunities, the Canopy Rivers/Canopy Growth million dollar pitch
event, and more.
"Canada has
helped bring cannabis into the mainstream more than any country, first by
implementing sensible medical laws, and now by ending prohibition for all
adults," says Alex Rogers Executive Producer of the ICBC. "We are
proud to educate the attendees about the latest developments in the host
country, as well as around the world. In addition to our top-notch program, we
hold world-class networking events that can really help entrepreneurs take
their businesses to the next level."
The Vancouver
ICBC includes speakers such as Canopy Growth's (TSX: WEED.TO) Hillary Black; Anna Serin from the Canadian
Securities Exchange; Groundworks Consulting's Jamie Shaw; Bhang's Scott Van
Rixel; Cannacord Ingenuity's Yasmin Gordon; Prohibited Media's Drake
Sutton-Shearer; MMJ Canada's Clint Younge; attorneys Kirk Tousaw and Robert
Laurie, and many more experts across the cannabis space. American activist and
rock icon Henry Rollins will deliver a keynote address, bringing his unique
message and passion to Vancouver. Additionally, Canopy Rivers, in collaboration
with Canopy Growth, will be offering up to $1,000,000 of seed capital to
aspiring entrepreneurs. Visit canopyrivers.com/pitch-day/ for more information
on the pitch event.
Bill C-45 Facts
- Bill C-45, the Cannabis Act, is awaiting Royal
Assent.
- Until the Cannabis Act comes into force,
cannabis remains illegal across Canada unless authorized for medical or
scientific purposes.
- Once in effect, the Cannabis Act will allow
adults, subject to provincial or territorial restrictions, to:
- purchase fresh cannabis, dried cannabis,
cannabis oil, cannabis seeds, or cannabis plants from retailers
authorized by the provinces and territories;
- consume cannabis in locations authorized by
local jurisdictions;
- possess up to 30 grams of dried legal
cannabis or equivalent in non-dried form in public;
- share up to 30 grams of dried legal cannabis
with other adults;
- grow up to four cannabis plants per household
(not per person) for personal use, from licensed seeds or seedlings from
a licensed supplier; and
- make legal cannabis-containing products at
home, such as food and drinks, provided that dangerous organic solvents
are not used in making them.
- Once the legislation receives Royal Assent,
provinces and territories will be able to purchase cannabis from federally
licensed producers, so that distributors and retailers can begin preparing
retail access online or in physical stores; however, they will not be able
to sell cannabis products to adults of legal age until the Cannabis Act
comes into force.
- The Cannabis Act creates a specific criminal
offence for selling cannabis to a minor and creates significant penalties
for those who engage young Canadians in cannabis-related offences.
- Drug-impaired driving remains illegal in
Canada. Law enforcement can currently detect drug-impaired driving using
Standard Field Sobriety Testing and Drug Recognition Expert evaluation.
Should Bill-C46 be passed by Parliament and receive Royal Assent,
additional drug-impaired driving offences will come into effect.
- Drug screening devices are currently being
evaluated to meet Canadian standards and will provide law enforcement with
an additional tool to detect drug-impaired driving should Bill C-46 be
passed by Parliament and receive Royal Assent.
- It is illegal, and will remain illegal once
the Cannabis Act has come into force, for travellers to take cannabis out
of Canada or to bring it back from other countries.
About
Investorideas.com - News that Inspires Big Ideas
Investorideas.com is a meeting place for global investors, featuring
news, stock directories, video, company profiles, interviews and more in
leading sectors.
Investorideas.com
cannabis/marijuana and hemp content now includes http://cannabisstocknews.blogspot.com on Blogger.com: the Investorideas.com news and
stock directory pages, a cannabis investor group on Linkedin.com , the 420
Cannabis Investor ideas www.420cannabisinvestorideas.com, and the new AI site Global Cannabis Investing at www.Globalcannabisinvesting.com
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. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.
Additional info regarding BC Residents and global Investors: Effective
September 15 2008 - all BC investors should review all OTC and Pink sheet
listed companies for adherence in new disclosure filings and filing appropriate
documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations
of each country.
To sponsor this
podcast or be a guest
Contact
Investorideas.com
800-665-0411
Marijuana
/ Hemp Stocks at Cannabisinvestorideas.com and Investorideas.com
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