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Delta, Kelowna, BC - January 3, 2019 (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 Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
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.
Xanthic Biopharma, Inc. announced that it is changing its corporate name to Green Growth Brands Inc. The Company had been operating under the trade name "Green Growth Brands" since the November 9, 2018 closing of its reverse take-over of the existing Xanthic entity. The formal name change represents the next step toward GGB's goal of becoming the premier cannabis and CBD-infused personal-care product retailer in North America.
Peter Horvath, CEO of GGB, stated, "Less than two months after our RTO with Xanthic Biopharma, we are excited to be officially changing our name. 'Green Growth Brands' is reflective of the core of our business, creating exceptional experiences for consumers through our emotionally driven brands."
Green Growth Brands Inc. recently launched an offer to purchase all of the issued and outstanding common shares of Aphria Inc. (TSX: APHA) (NYSE: APHA) which it does not already own and welcomes early expressions of interest from Aphria shareholders who are frustrated with Aphria's performance and absence of compelling future plans for the company.
"Since we announced our intention to launch the takeover of Aphria we have seen two things. First, Aphria shareholders are welcoming a 45%+ premium offer because they understand the significant value that can be unleashed by our combined teams, assets and geographies. Second, a real interest in the market to understand Green Growth and our valuation," said Peter Horvath, CEO of Green Growth. "When investors consider our trailing revenue, recent license wins in Nevada, and a buildout in the new market of Massachusetts they agree that it is not a question of if Green Growth reaches C$7.00 per share, but when. We understand that there are some in the market who want to focus on destroying value at Aphria, but we are committed to creating it."
Lifestyle Delivery Systems Inc. announced that Core Isogenics Inc., the Company's wholly-owned subsidiary focused on developing isogenic seed strains and automated cultivation methods for the cannabis industry, was issued both a Temporary Nursery License and a Cultivation License by the Bureau of Cannabis Control of California.
The Temporary Licenses issued to Core Isogenics will allow the Company to complete its business model gaining complete control of its infrastructure, including all aspects of genetics, cultivation, formulation, manufacturing, and distribution of its products including its patent-pending CannaStrips™.
The Nursery License allows Core Isogenics to develop its plant genetics technology and produce seeds with identical properties to those used in CannaStrips™ formula, thereby reducing the number of extraction steps that currently are required to extract ingredients from more than one plant, instead extracting from a single plant with the exact ingredients already in its DNA.
Lifestyle Delivery Systems Inc.'s CEO, Brad Eckenweiler, stated, "These licenses complete our business model foundation. The issuance of these licenses allows the Company to control the complete product development stream from genetic composition of bio-mass to distribution of the highest quality products with precise ingredients. These results will now be obtainable whether the plant bio-mass is from Core Isogenics' cultivation or from contract growers."
The Green Organic Dutchman Holdings Ltd. announced that it has signed a royalty-bearing commercial sublicense with EnWave Corporation (TSX-V: ENW) and Tilray, Inc. (NASDAQ: TLRY).
EnWave has developed Radiant Energy Vacuum ("REV™") - an innovative, proprietary method for the precise dehydration of organic materials. EnWave has further developed patent-pending methods for uniformly drying and decontaminating cannabis through the use of REV™ technology, shortening the time from harvest to marketable cannabis products.
EnWave and Tilray entered into an exclusive partnership in October 2017 in which EnWave named Tilray as its licensed partner. The License grants Tilray an exclusive right to use and sub-license EnWave's proprietary REV™ dehydration technology in Canada. Under the terms of the License, EnWave and Tilray will share royalties from TGOD's use of EnWave's REV™ technology on an undisclosed basis.
The Agreement grants TGOD the right to use EnWave's proprietary Radiant Energy Vacuum ("REV™") dehydration technology to dry organic cannabis in its Canadian operations. Pursuant to the Agreement, TGOD has signed an equipment purchase agreement and submitted a purchase order to EnWave for a large-scale 60kW commercial REV™ machine to initiate commercial production.
Cannvas MedTech Inc., a leading digital cannabis educator and business technology company, reported steady growth of its products and services line entering 2019 as it persists in assembling a wide-ranging partner network to promote cannabis education, drive audiences to its Cannvas.Me platform and create revenue-generating opportunities.
"We are continuing to amass a strong network of strategic partners across the cannabis and health sciences space to bolster Cannvas.Me content and user databases, contribute to Cannvas Data analytics and reinforce the brand's mission within the sector," said Shawn Moniz, Chief Executive Officer, Cannvas MedTech Inc. "We expect to leverage the relationships we've nurtured throughout the industry to drive revenue to all aspects of the business, from education and data analysis to creative work and content creation, and feel the Company will continue to make strides through 2019."
Working toward its goal of becoming the household name for cannabis education, Cannvas has accomplished a great deal going into the new year, solidifying its reputation through the successful launch of the product and services side of the business, generating shareholder value and propelling company growth.
Cannvas executives are actively engaged in talks with leading cannabis companies across a range of sectors for inclusion in the Company's 2019 media plan. Its partner network will have the opportunity to access ad space allocated across several platforms and user touchpoints to reach thousands of potential customers through geo-targeted promotions while also benefiting from Cannvas Data analytics surveying the industry landscape and returning relevant results and learnings. Cannvas also plans to work with industry leaders to publish and share insights gleaned from its Cannvas.Me platform about how Canadians are learning about cannabis and what areas of interest they have, to help shape public policy and drive corporate decision-making.
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