Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: NASDAQ: $TLRY, TSXV: $FIRE.V, CSE: $MTEC.C, TSXV: $GTEC.V, CSE: $MYM.C
Delta, Kelowna, BC - September 26, 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 series, Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
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Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: NASDAQ: $TLRY, TSXV: $FIRE.V, CSE: $MTEC.C, TSXV: $GTEC.V, CSE: $MYM.C
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 The Supreme Cannabis Company, Inc. (TSX-Venture: FIRE), Tilray Inc. (NASDAQ: TLRY), Cannvas MedTech Inc. (CSE: MTEC), GTEC Holdings Ltd. (TSX-Venture: GTEC) and MYM Nutraceuticals Inc (CSE: MYM)
The Supreme Cannabis Company, Inc. announced that the Company's wholly owned subsidiary, 7ACRES, has entered into a supply agreement to provide dried cannabis to Tilray Canada Ltd., a subsidiary of Tilray Inc.®, a global leader in cannabis research, cultivation, processing and distribution currently serving tens of thousands of patients in 12 countries spanning 5 continents.
This agreement is a guaranteed commitment to purchase. It will cover the twelve-month period starting October 1, 2018 and is estimated to have a value of approximately C$12 million. As was the case with the recently announced deal between the two companies, the dried cannabis provided to Tilray by 7ACRES will be used primarily to support medical cannabis patients in Canada, including Tilray's robust patient population.
Cannvas MedTech Inc., a leading business technology company in the cannabis space, announced that Cannvas.Me, its first cannabis-centric service offering to the public, will go live on October 4, 2018. Cannvas.Me is a scalable and comprehensive solution for the global cannabis community offering interactive tools and physician-backed content to all audiences wishing to learn about health care through cannabis.
"With the legalization of cannabis in Canada quickly approaching, Cannvas.Me fills the information void with a wide range of credible information on the potential benefits of cannabis," said Shawn Moniz, Chief Executive Officer, Cannvas MedTech Inc. "Our solution is to have information available to customers where and when they need it. It could be on a tablet in a medical clinic or doctor's office, at home on a desktop, or anywhere on a mobile device. Cannvas.Me is there to provide valuable physician-backed information and content, and because we are not affiliated with any of the large cannabis producers we can assure customers our information is truly unbiased."
GTEC Holdings Ltd. announced its incorporation into the Horizons Medical Marijuana Life Sciences ETF (TSX: HMMJ).
HMMJ is the world's first ETF that offers direct exposure to North American-listed securities that are involved with marijuana bioengineering and production. HMMJ is an index (or passively managed) ETF, which seeks to replicate, to the extent possible, the performance of the North American Marijuana Index (the "Index"), net of expenses. The Index is designed to provide exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the marijuana industry. The Index selects from a current universe of companies that have operations which may include one or more of biopharmaceuticals, medical manufacturing, distribution, bio-products and other ancillary businesses related to the marijuana industry.
Publicly listed companies must meet certain minimum requirements in order to be eligible for the ETF. These requirements may include (but are not limited to) market capitalization, dollar value of daily liquidity and certain regulatory and licensing requirements.
MYM Nutraceuticals Inc., announced that it has entered into an agreement with Amsterdam-based Dutch Passion Seed Company for the production and distribution of Dutch Passion branded products and seed genetics in Canada. This follows the August announcements of similar agreements between Dutch Passion and MYM for production and distribution of branded products and seed genetics in Australia and Colombia.
Established in 1987, Dutch Passion is the second-oldest European Cannabis seed company and for over 30 years has been a leading innovator of seed genetics. Dutch Passion has developed its own proprietary genetics and owns a seed collection of international cannabis genetics dating back to the 1970s. The company has won more than 50 Cannabis Cups for its high-THC, easy-to-grow varieties. Dutch Passion also invented feminized cannabis seeds in the 1990s and, more recently, helped pioneer the success of high-THC auto-flowering cannabis seeds.
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