Cannabis, marijuana and Hemp stock news from Investorideas.com plus daily cannabis #potcasts - Investor Ideas #Potcasts #Cannabis News and Stocks on the Move
Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSXV: $LVWL.V) (TSX: $TRST.TO) (TSX: $WEED.TO) (NYSE: $CGC) (TSXV: $N.V)
This month's cannabis podcasts brought to you by CLS Holdings USA, Inc. (OTCQB: $CLSH) @CLSHusa
Delta, Kelowna, BC - November 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 and its exclusive content partner, CLS Holdings USA, Inc. (OTCQB: CLSH), release today's edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
CLS Holdings USA, Inc. (OTCQB: CLSH) is a diversified cannabis company operating as Cannabis Life Sciences an integrated cannabis producer and retailer in Nevada through its Oasis Cannabis subsidiaries with plans to expand into other States.
Good afternoon, welcome to another Investorideas.com “potcast”, featuring stocks to watch, cannabis news as well as insights from thought leaders and experts.
Today we will be looking at announcements from LiveWell Canada Inc. (TSXV:LVWL), CannTrust Holdings Inc. (TSX: TRST), Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) and Namaste Technologies Inc. (TSXV:N) (OTCMKTS:NXTTF).
LiveWell Canada Inc. has been approved to list its common shares on the Canadian Securities Exchange (CSE). As a result, the Company will voluntarily delist its common shares from the TSXV. The transition will happen seamlessly, with LiveWell listing on the CSE starting today and the delisting from the TSXV will take place in the near future.
Moving to the CSE will allow LiveWell to accelerate its growth plans to become a global leader in the CBD market without restrictions on operating in certain international markets.
"LiveWell is preparing for its transformative progression to a global life sciences company leveraging robust CBD supply chain production capacity, while focusing on a brand development strategy that prioritizes functional products and outcomes," said David Rendimonti, President and CEO of LiveWell Canada Inc. "The CSE embraces transforming companies like LiveWell who are growing beyond the Canadian borders," he added.
Legalization and acceptance of CBD for its health and wellness benefits are accelerating at a rapid pace globally. CBD derived from hemp faces fewer legal restrictions worldwide than cannabis. The Brightfield Group of Chicago estimates the North American market alone for CBD from hemp could reach US$22 billion by 2022. While hemp cultivation, processing and sale activities are currently legal in the U.S., as per the State Farm Act, the anticipated passage of the Hemp Farming Act of 2018 would legalize hemp federally before the end of the year and essentially create the same business environment for hemp as any other agricultural commodity.
CannTrust Holdings Inc., one of Canada's leading and most trusted licensed producers of cannabis, announced today that it has shipped its standardized CBD oil capsules to Australia's Gold Coast University Hospital. The capsules will be used in a study to determine the efficacy of CannTrust CBD oil capsules in slowing the disease progression in patients with Amyotrophic Lateral Sclerosis (ALS) and Motor Neuron Disease (MND), which was first announced by the Company in July 2018. The capsules will be imported, stored and distributed by PharmaCann Pty Ltd ("PharmaCann"). The shipment will include all investigational products that are required for the study.
This study exemplifies CannTrust's focus on medical research and its dedication to uncovering the medicinal value of its proprietary cannabis products, and how they can improve health and well-being for all. In addition to assessing ALS disease progression, the study will also look at the effects of CannTrust CBD oil capsules on a variety of outcome measures related to ALS such as spasticity, pain, weight loss and quality of life. The CBD strain which will be used in the study was developed by CannTrust from its proprietary genetics, meaning that the research results will be specific to the Company's CBD oil.
Canopy Growth Corporation has closed the previously announced acquisition of the assets of ebbu, Inc. ("ebbu"), a leader in hemp research and innovation.
Intellectual Property ("IP") and R&D advancements achieved by ebbu's team apply directly to Canopy Growth's hemp and THC-rich cannabis genetic breeding program and its cannabis-infused beverage capabilities. In addition, ebbu's IP portfolio will contribute to the clinical formulations program executed by Canopy Health Innovations, a wholly owned subsidiary of the Company.
Canopy Growth operates a rapidly emerging, field-scale hemp operation based in Saskatchewan and by applying ebbu's IP, the Company has the potential to vastly reduce the cost of CBD production, a sought-after cannabinoid in both the wellness and medical spaces.
Staying with Canopy Growth's long-held position on business operations in the United States, this transaction would not have been finalized were it not in clear accordance with US federal law, along with the requisite exchange consent by the TSX. Canopy Growth, through a newly formed subsidiary, will employ ebbu's assets and personnel to conduct R&D. There will be no production or sale of products resulting from such R&D in the United States unless and until it would be federally legal to do so.
Namaste Technologies Inc. announced that the Company has signed a Subscription Agreement, whereby the Company has completed an investment of $250,000 to acquire 46,729 Class B common shares of Kief Cannabis Company Ltd. at a cost of $5.35 per share. Namaste's investment represents approximately 3% of the issued and outstanding shares of Kief Cannabis, based on an $8.1 million valuation.
Further to the Company's August 29, 2018 news release where Namaste's wholly-owned subsidiary, Cannmart Inc. signed a medical cannabis Supply Agreement to purchase premium medical cannabis products from Kief Cannabis for sale on its online platform, Cannmart will now also have the right of first refusal ("ROFR") on 35% of the total production of cannabis from Kief Cannabis.
This investment and additional security of supply bolsters Namaste's objective to become Canada's premier online medical cannabis retailer. In September, the Company received its ACMPR Sale for Medical Purposes licence, the first of its kind to be issued by Health Canada, allowing Canadian customers the ability to purchase medical cannabis from wide assortment of licensed producers through Namaste's platform, giving consumers the power of choice rather than having to register with just one LP.
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
CLS Holdings USA, Inc. (CLSH) is a diversified cannabis company that, subject to receipt of certain anticipated regulatory approvals, acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada, and plans to expand to other states.
CLS stands for "Cannabis Life Sciences," in recognition of the Company's patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The Company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708
Get the cannabis/hemp stock directory as an Investor ideas member, plus get weekly updates with new pot stocks added and get the daily potcast for Investor Ideas #Potcasts #Cannabis News and Stocks on the Move. Learn more https://www.investorideas.com/membership/
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI.
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 podcast is in partnership with featured sponsor CLS Holdings USA, Inc. (OTCQB: CLSH) details :
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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Management of SinglePoint, Inc. (OTC: $SING) at Podcast Row, #MJBizCon, Talk about the Growth of the Sector and their Company and the Big Opportunity in #CBD
Point Roberts, WA and Las Vegas, NV - November 26, 2018 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering marijuana and hemp stocks and its cannabis podcast site www.potcasts.ca, report from Podcast Row in Las Vegas at this year's biggest MJBizCon show to date. Today's special edition features an interview with the management of SinglePoint, Inc. (OTC: SING), Mr. Gregory P. Lambrecht Founder, Chairman, CEO and Mr. William Ralston, President and Director discuss the growth of the MJBizCon conference, the industry and their company.
Attending since the first year of MJBizCon, Ralston and Lambrecht have both witnessed first-hand the growth of the sector. Looking at their entry into the cannabis space Ralston said, "SinglePoint's history was always mobile payments, text messaging and mobile technology. When Colorado and Washington opened up selling cannabis, we thought lets go after that business. We had a mobile payments technology, they need these payment solutions and a lot of people were afraid to touch it. So we jumped in."
"We acquired GreenStar Payment Solutions and started SingleSeed that we eventually rolled GreenStar into. And there we were, processing payments in the cannabis market. From there we continued to grow and acquired DIGS. We really are an ancillary pick and shovel company and that's where we see a lot of the opportunity."
Talking about the CBD market Ralston told Investor Ideas, "SingleSeed.com is selling all of our CBD based products and we are looking at adding other brands to that site to become the e-commerce hub distributing these products."
He we went on to say, "We see a huge opportunity in the market and there may be a larger market there, as there are still a lot of people that don't want to use cannabis yet. The latest numbers that we saw are tremendous; it's almost at 40% of the cannabis market and it's just catching on. We are not only looking at selling these products but also looking at acquisitions that for us, would open up the floodgates."
In closing Lambrecht talks about their ambitious acquisition plans to add significant revenue to the company's bottom line and to uplist.
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 SING podcast is a paid for distribution on Investorideas and social media. Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
CBD Products on the Rise: EnviroTechnologies International, Inc. (OTC: $ETII), CV Sciences (OTC: $CVSI), Puration (OTC: $PURA) The Green Organic Dutchman (TSX: $TGOD) (OTC: $TGODF)
Point Roberts, WA and Delta, BC - November 26, 2018 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering security and cannabis stocks releases a snapshot looking at the growing global opportunity for CBD consumable products as regulations move towards global acceptance of CBD products.
Cannabis is fast becoming a growing sector, both in the medicinal and recreational sectors. As much as certain states and countries have begun to regulate this potential giant industry, CBD and specifically hemp strains of cannabis have begun to overshadow the general cannabis sector.
Seeing the opportunity at the start of 2018, EnviroTechnologies International, Inc., a publicly traded company (OTC: ETII) that develops and markets green, natural and organic products for diverse industries first announced the acquisition of CBD Health Co. (www.cbdhealthco.com), a company that markets and sells high quality and proprietary hemp-based, natural CBD health products, as a wholly owned subsidiary.
One of the products that uniquely position them as a public company is the CBD Hemp Protein , which caters to the health and sports markets. According to an article discussing its benefits "hemp-one of the most versatile plants on earth-offers a high-quality, eco-friendly source that can support muscle gain, fat loss, and peak performance."
EnviroTechnologies International updated shareholders on this acquisition in today's news. "We acquired CBD Health Co. because our company was founded to use green and natural products to make our environment safer and promote products that improve our quality of life," said Gaylord Karren, ETI's CEO. "And CBD Oil products have the potential to not only improve quality of their users' lives but also create enormous revenues for our company and its shareholders."
Continued: "For some time, experts have been making predictions about the global CBD market and the expanding acceptance of CBD as a natural health product. And some have predicted, specifically that the entire cannabis market could reach $20 billion by 2020 if the market expands at its current rate," said Randall Waters, ETI's Vice President of Sales and Marketing. "However, recent studies by the Brightfield Group, a company that specializes in providing data and information about the cannabis and CBD markets, avers that the hemp-based CBD market alone could reach $22 billion by 2022."
Continued: "We see the markets for true hemp-based CBD products such as those produced by CBD Health, continuing to grow and the purchasing demographic multiplying over the next 3-4 years. We are satisfied that CBD Health is on the forefront of this incredible market and that we can tap into this new, accepted hemp-based CBD natural products," said Waters.
Puration, Inc. (OTC: PURA), another company in the CBD space, recently released more details regarding its corporate restructuring to concentrate resources on its rapidly expanding cannabis infused beverage business.
Puration, Inc. is a leading Texas-based CBD-infused beverage provider, with the flagship product being EVERx, which Puration debuted early last year at Arnold Schwarzenegger's 'Arnold Sports Festival'. EVERx has since become the leading CBD infused beverage in the sports nutrition marketplace. The Company recently spun-off its cannabis cultivation segment to focus its efforts exclusively on its high-growth core CBD-infused beverage business.
CV Sciences Inc. (OTC:CVSI), operates as a life science company through two segments, Specialty Pharmaceuticals and Consumer Products. The company focuses on developing and commercializing prescription drugs utilizing synthetic cannabidiol (CBD) as the active pharmaceutical ingredient. Its initial drug candidate is CVSI-007 that combines CBD and nicotine for the treatment of smokeless tobacco use and addiction. The company also engages in the development, manufacture, marketing and sale of consumer products containing plant-based CBD under the PlusCBD Oil name in various market sectors, including nutraceutical, beauty care, specialty foods and vape.
CEO Joseph Dowling discussed the company's Q3 Earnings Report earlier this month saying that, "The momentum from the first half of 2018 has continued and we anticipate a strong finish for the remainder of the year. Through our dedication and commitment to providing the most trusted brand of hemp CBD products we have achieved strong momentum in sales and brand recognition of our plus CBD product line. Our strategic priorities for 2018 include strengthening our distribution channels, growing our brand relevance and recognition, developing new products, penetrating new vertical sales channels and gaining market share in the fastest growing product category in the nutritional supplement industry."
Even larger scale companies such as the Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF) earlier this year expanded their CBD output by signing a definitive agreement to acquire 100% of the issued and outstanding shares of privately-held HemPoland.
HemPoland is a leading European manufacturer and marketer of premium organic CBD oils led by founder and CEO, Maciej Kowalski, one of Europe's most widely recognized CBD experts. This strategic acquisition provides access to HemPoland's vast distribution network, premium Cannabigold brand, state-of-the-art hemp oil extraction technologies and provides a strategic pathway into the European market for TGOD's medical & recreational products and licensing deals.
As the CBD trend continues to rise, companies may realize the benefit of focusing strictly on the CBD/Hemp sector. Often noted as a sleeping giant in discussions, consumer awareness and education, plus potential legislative acceptance moves, including the 2018 Farm Bill, will make this a big story for investors moving forward.
This news is published on the Investorideas.com Newswire - News that Inspires big ideas 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: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this news article featuring ETII is a paid for news release on Investorideas.com - third party, Learn more about costs and our services https://www.investorideas.com/News-Upload/
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.
East Coast, the New Cannabis Frontier? CLS Holdings USA, Inc. (OTCQB: $CLSH), Acreage Holdings (CSE: $ACRG.U.C), MariMed (OTC: $MRMD)
Point Roberts, WA and Las Vegas, NV - November 26, 2018 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering marijuana and hemp stocks issues a sector snapshot looking at multi- geographically located cannabis companies positioning to benefit from the recent headline news Massachusetts makes history with launch of U.S. East Coast's first legal pot shops.
With this recent milestone, investors are looking East for new doors opening in the cannabis market, once dominated by the West Coast.
How big is the opportunity for the players competing for market share? According to an article in GreenMarketReport, "Massachusetts began selling adult use cannabis this week. Industry experts believe that the total Massachusetts cannabis market will exceed $1 billion annually generating hundreds of millions in taxes for the Commonwealth. Massachusetts has a population of 6.8 million people and over 47 million people live within a 4-hour drive of Boston, MA."
The Boston Globe reported, "On Tuesday, the first day of legal marijuana sales in Massachusetts, consumers spent a total of $440,011 at two stores on more than 10,700 individual cannabis products, according to data released by the state Cannabis Control Commission Wednesday afternoon…… Hundreds of customers gathered in long lines at both shops Tuesday and Wednesday, waiting more than three hours in some cases, for the chance to be among the first to buy cannabis legally. NETA and Cultivate each said it had sold out of certain products but still had inventory remaining as of Wednesday afternoon."
CLS Holdings USA (OTCQB: CLSH), a geographically diversified cannabis company is targeting Massachusetts in addition to Michigan and Nevada. The Company just announced in early November that it "has loaned $5 million to In Good Health, a licensed medical dispensary in Brockton, Massachusetts with a significant market share. In Good Health is located 25 miles south of downtown Boston and is one of the 38 licensed dispensaries in the state. The Brockton dispensary was the second licensed dispensary in the state and has been operational since September 2015, which has been medical only up until this time. In Good Health is currently servicing 17,000 registered patients and delivering to 1,700 homes with key product offerings of flower, concentrates, vapes, edibles, pre-rolls and tinctures."
In a recent interview with Investor Ideas, Director of CLS Holdings, Andrew Glashow said, "States for us that make a lot of sense are Massachusetts and Michigan. We have made a strong push to enter the Massachusetts market. We have signed up two transactions in that marketplace. Massachusetts represents for us a massive, massive marketplace; we are aiming for, by 2020, for that to represent $150 Million US plus in total revenue."
Listen to the recent podcast with CLS Holdings USA
Investor Ideas Potcasts Cannabis News and Stocks on the Move: Interview with Director of CLS Holdings (OTCQB: CLSH) at Podcaster Row, MjBizCon
CLS Holdings with their Oasis dispensary in Vegas have proven successful, announcing revenues of over $800,000 this fall and being one of the first dispensaries in Vegas and hope to repeat their formula in Massachusetts.
Watch the video:
Vegas & Cannabis: A perfect pairing - CLSH at MjBizCon2018 and tour of Oasis Cannabis Dispensary
Another company taking note of the opportunities in Massachusetts includes Norwood-based MariMed Inc. (OTC: MRMD), a multi-state cannabis operator that develops, owns and manages cannabis facilities and branded products lines. MariMed’s team has developed state-of-the-art regulatory-compliant facilities in DE, IL, NV, MD, MA, and RI.
The company just announced Third Quarter Financials showing a big part of their revenue growth derived from there. " Revenues of approximately $8.4 million, up 88% year-over-year
The increase in revenue was primarily due to (i) the growth of rental income from MariMed’s facilities in Maryland and Massachusetts, which were fully and partially developed respectively and leased to tenants, (ii) increased supply procurement services provided to cannabis-licensed clients and other cannabis entities, and (iii) management fees and additional rental revenue which MariMed earns based on a percentage of revenue generated by its cannabis-licensed clients."
Acreage Holdings (CSE: ACRG.U ), a high profile US company that recently listed on the Canadian Securities Exchange, has one of the largest geographic footprints of any cannabis company; currently owning and/or operating cultivation, processing and dispensary operations.
The company, looking at their continuous expansion across the U.S. in 2018 and their milestones reports, "Adult use begins in Maine, Massachusetts and California. Acreage enters New Jersey and prepares for imminent operational expansion in New York, Florida and Maryland. Acreage announces the appointments of former Speaker of the United States House of Representatives John Boehner and former Governor of the State of Massachusetts Bill Weld to its Board of Advisors."
As the map of legalized cannabis in the U.S, expands, with hopes of someday Federal legalization, the race is on for companies to expand their footprint and follow the marijuana money trail.
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI.
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 podcast is a paid for distribution on Investorideas and social media. Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: CSLH is a paid PR, news and social media client of Investorideas.com and is this month’s exclusive sponsor of our daily cannabis potcast.
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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSXV: $N.V) (TSXV: $META.V) (TSXV: $ALEF.V)
This month’s cannabis podcasts brought to you by CLS Holdings USA, Inc. (OTCQB: $CLSH) @CLSHusa
Delta, Kelowna, BC - November 23, 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 and its exclusive content partner, CLS Holdings USA, Inc. (OTCQB: CLSH), release today's edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
CLS Holdings USA, Inc. (OTCQB: CLSH) is a diversified cannabis company operating as Cannabis Life Sciences an integrated cannabis producer and retailer in Nevada through its Oasis Cannabis subsidiaries with plans to expand into other States.
Good afternoon, welcome to another Investorideas.com "potcast", featuring stocks to watch, cannabis news as well as insights from thought leaders and experts.
Namaste Technologies Inc. announced that the Company's wholly-owned subsidiary, Cannmart Inc., has signed a Product Acquisition Agreement with Weed Me Inc., whereby Cannmart will purchase medical cannabis from Weed Me to offer in its online platform.
Subject to the terms of the Agreement, Cannmart has placed its first order with Weed Me that includes a variety of pre-rolled products in several strains. By creating a unique offering of strains and products sourced from multiple producers, Cannmart offers medical patients more variety of high-quality cannabis products through a single platform. Cannmart has been focused on securing additional products, and in expanding its product categories to include pre-rolls. The Company looks forward to nurturing a long-term supply arrangement with Weed Me, and securing additional supply from their future production.
The Company's goal is for Cannmart to become the leading online marketplace for medical cannabis in Canada by offering the largest selection of product and in offering excellent customer service. With Namaste's technology and Cannmart's platform, the Company believes it is well-positioned to offer significant value as a sales-channel to a broad range of licensed producers across Canada. Namaste's management team is confident in its ability to set itself apart as a true innovator in the cannabis e-commerce space.
National Access Cannabis Corp. today announced it has closed its previously announced brokered private placement offering of special warrants of NAC that entitle the holders thereof to receive 8.00% senior secured convertible debentures of the Company upon exercise or deemed exercise of the Special Warrants. 21,150 Special Warrants were issued at a price of $1,000 per Special Warrant for aggregate gross proceeds to the Company of $21,150,000. The Offering was led by Cormark Securities Inc., on behalf of a syndicate of agents that included Canaccord Genuity Corp., Beacon Securities Limited, INFOR Financial Inc. and PI Financial Inc. (together, the "Agents"). The net proceeds from the Offering will be used by the Company to repay existing debt.
Aleafia Health Inc. announced that the previously announced joint venture and financing transactions with Serruya Private Equity have closed.
"We look forward to immediately executing on our shared vision of building and scaling a retail cannabis network with immediate national reach and global expansion plans," said Aaron Serruya, a principal of SPE. "We are very excited to once again play an early role in developing one of the world's largest cannabis companies."
"Aleafia made a firm commitment to launch a national adult-use cannabis division with global ambitions. With final approvals now in place, we have delivered on that commitment," said Aleafia CEO Geoffrey Benic. "With commercially proven brands and global retailing expertise, we believe our partnership with Serruya will provide significant value to our shareholders."
The closing formalizes Aleafia's acquisition of a 51 per cent interest in Flying High Brands Inc., a domestic and international cannabis brands joint-venture and a 9.9 per cent interest in One Plant Corp. a Canada-wide cannabis retail joint venture.
The closing also marks the completion of Serruya's $10 million (CAD) strategic investment into Aleafia (by way of the purchase of 5 million common shares at $2.00 per common share) and the completion of Aleafia's $1 million (CAD) investment in Flying High and $4 million (CAD) investment in One Plant. Aleafia purchased its 51 per cent interest in Flying High, in part, by the issuance of 6 million common shares to Serruya.
This podcast is in partnership with featured sponsor CLS Holdings USA, Inc. (OTCQB:CLSH) - more info and details can be found at our disclaimer and disclosure page at Investorideas.com
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
CLS Holdings USA, Inc. (CLSH) is a diversified cannabis company that, subject to receipt of certain anticipated regulatory approvals, acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada, and plans to expand to other states.
CLS stands for "Cannabis Life Sciences," in recognition of the Company's patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The Company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708
Get the cannabis/hemp stock directory as an Investor ideas member, plus get weekly updates with new pot stocks added and get the daily potcast for Investor Ideas #Potcasts #Cannabis News and Stocks on the Move. Learn more https://www.investorideas.com/membership/
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI.
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Disclosure this podcast is in partnership with featured sponsor CLS Holdings USA, Inc. (OTCQB: CLSH) details :
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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
