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: (CSE: $CROP.C) (CSE: $MTEC.C) (TSXV: $N.V) (CSE: $CURA.C)
This month's cannabis podcasts brought to you by CLS Holdings USA, Inc. (OTCQB: $CLSH) @CLSHusa
Delta, Kelowna, BC - December 4, 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.
CROP INFRASTRUCTURE CORP. announced today its 49% owned subsidiary Elite Ventures has leased an additional 250 acres in Nevada taking the company's 2019 state holdings to 2,115 acres with 1,350 acres already under pivot irrigation.
With the new US Farm Bill now including critical provisions on hemp, CROP already announced on October 23rd, a 3-year, 1,500,000 pound, $18.0-$28.0 MM USD per year CBD biomass supply agreement in the US (depending on CBD content) and is now focusing on allocating 2019 CBD Isolate supply agreements both domestically and internationally.
Cannabis industry analysts, The Brightfield Group, estimate the hemp-CBD market alone could reach $22-billion by 2022.
CROP CEO, Michael Yorke, stated: "As you can see from our summary of the significant points of this bill, the positive impact on the industry in the US will be enormous. It will show the world that our industry is here to stay and will expand considerably, not just domestically but as we begin to work with customers globally."
Cannvas MedTech Inc., a leading business technology company in the cannabis space, reported that integration of the revenue sharing partnership with Namaste Technologies Inc., a leading technology company operating the largest global cannabis e-commerce platform, is proceeding as planned. Cannvas and Namaste are deploying technologies to drive customer integration and value-added services between company platforms.
"As Cannvas.Me continues to serve a robust audience with unbiased educational content around the potential benefits of cannabis as an alternative therapy, a partnership with the de facto leader in the digital cannabis space extends the reach of both organizations and helps bring us and Namaste closer to our goals of providing Canadians with access to cannabis learning before they choose to consume," said Steve Loutskou, Chief Operating Officer, Cannvas MedTech Inc. "The amalgamation of Namaste's medical cannabis patient portal and our cannabis-centric education platform is expected to be operational in a matter of weeks. The team at Namaste is exceptional and we are looking forward to the successful integration of our Cannvas.Me platform with NamasteMD for the seamless referral of patients."
Curaleaf Holdings, Inc., a leading vertically integrated cannabis operator in the United States, celebrated the grand opening of Ocala's first medical marijuana dispensary, bringing the number of dispensaries the company runs in the state to 18. Curaleaf currently operates 34 dispensaries across the United States.
The dispensary fulfills Curaleaf's commitment to its patients - compassion, education and superior quality medical marijuana products. All patients have access to a safe, accessible and comfortable environment that includes a private consultation room, as well as a community meeting room where educational seminars and resources are available. Furthermore, all patients benefit from the rigorous education and training program each Curaleaf associate completes.
"In our mission to provide Florida patients with access to medical marijuana, Curaleaf is proud to offer Ocala's residents the community's first medical marijuana dispensary," said Curaleaf Florida President, Lindsay Jones. "Patients will no longer need to drive 40 minutes or more for a full dispensary experience."
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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.
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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.
#Cannabis Growth in Nevada; Acquisitions, Dispensaries and Mainstream Targets; (NYSE: $MO), (NASDAQ: $CRON), (OTCQB: $CLSH), (CSE: $GTII.C)
Point Roberts WA, Las Vegas, NV - December 4, 2018 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering marijuana and hemp stocks issues a sector snapshot looking at Nevada dispensary acquisitions and recent reports of major acquisitions in cannabis going mainstream for December.
Reported in August of this year, "Nevada's marijuana dispensaries brought in more than half a billion dollars in revenue during the first year of legalized sales, with the state overperforming expectations and collecting $69.8 million in taxes for recreational sales."
The momentum continues with November highlighting the growth of the cannabis market in Nevada with the ArcView Investor Forum and the MjBizCon attracting record attendance .Other news of acquisitions and dispensary tourism revenue made headlines.
Also during November Planet 13 opened; the world's largest cannabis dispensary now open to Las Vegas. According to the article from CNBC "Recreational marijuana use is legal for adults 21 and over in Las Vegas, and Nevada collected more than $69.8 million in marijuana tax revenue during the first year of recreational sales after it legalized the drug in 2017, according to Las Vegas Sun."
The first week of December brings the potential of major mainstream players entering the cannabis sector with acquisitions, as Monday news hit on CNBC and other major sites that Altria (NYSE:MO), the maker of Marlboros is in talks to buy cannabis company Cronos Group (NASDAQ: CRON).
The only dispensary located on the Las Vegas Strip with an additional two other stores, Essence Cannabis dispensary news on Potnetwork.com announced that "Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF) recently acquired Las Vegas-based Integral Associates for $290 million, the largest acquisition of its kind in Nevada's cannabis industry to date. The deal will close sometime during the first half of 2019."
"Integral Associates is best known for its Essence retail brand which operates three locations across the Las Vegas Valley. Business Insider ranked Essence as one of the best dispensaries in Nevada, and it's been recognized by Leafly and High Times as well. In total now, Green Thumb Industries owns eight facilities and 60 retail licenses across eight states."
Another company investing in Nevada dispensaries is CLS Holdings USA (OTCQB: CLSH), a geographically diversified cannabis company that has its subsidiary, Oasis Cannabis Dispensary in Las Vegas 1 mile off the strip. Oasis Cannabis was one of the first dispensaries to open in Las Vegas. CLSH Holdings this fall reported news "of increased sales for the month of August 2018 at its Oasis Cannabis location in Las Vegas, Nevada."
"August 2018 sales were up 11.8% over sales in August 2017. This meaningful growth was driven by a 400% increase in wholesale revenues under the City Trees Brand."
Ben Sillitoe, CEO of CLS Nevada, commented, "We are extremely pleased with the growth in our City Trees brand and overall sales at Oasis. We are in the midst of layout, signage and marketing improvements which we believe will further improve our visibility, market penetration and sales growth."
Nevada Department of Taxation Executive Director Bill Anderson said in August, paving the way for stronger growth, "Nevada's first year with a legal adult-use market has not only exceeded revenue expectations, but proven to be a largely successful one from a regulatory standpoint,"
Watch the video with Ben Sillitoe at Oasis:
Vegas & Cannabis: A perfect pairing - tour of Oasis Cannabis Dispensary
Oasis Cannabis has operated a cannabis dispensary in the Las Vegas market since dispensaries first opened in Nevada in 2015 and has been recognized as one of the top marijuana retailers in the state. Its location within walking distance to the Las Vegas Strip and Downtown Las Vegas in combination with its delivery service to residents allows it to efficiently serve both locals and tourists in the Las Vegas area. In August 2017, the company commenced wholesale offerings of cannabis in Nevada with the launch of its City Trees brand of cannabis concentrates and cannabis-infused products. An expansion of its cultivation and production facility is currently underway and is expected to be completed during the first quarter of 2019.
About CLS Holdings USA:
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.
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.
