Investorideas.com - Cannabis Stock news: Lifestyle Delivery Systems Inc. (CSE: LDS) (OTCQX: LDSYF) Announces Second Reading of Cannabis Tax Reduction Ordinance by the City of Adelanto
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Thursday, May 9, 2019
Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move- (NYSE: $CGC) (TSXV: $RIV.V) (NYSE: $ACB) (CSE: $AHG.C) (CSE: $THC.C)
Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move- (NYSE: $CGC) (TSXV: $RIV.V) (NYSE: $ACB) (CSE: $AHG.C) (CSE: $THC.C)
Delta, Kelowna, BC –May 9th, 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.
Listen to the podcast:
Read this in full at https://www.investorideas.com/news/2019/cannabis-potcasts/05091CGC-RIV-ACB-AHG-THC.asp
Today’s podcast overview/transcript:
Good afternoon and welcome to another episode of Investorideas.com “potcasts”, looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.
In today’s podcast I look at a few of the day’s earlier announcements.
But first, Gov. Doug Burgum has signed a bill into law making North Dakota the 25th state in the nation to eliminate the threat of jail time for possession of small amounts of marijuana.
HB 1050 reclassifies possession of up to a half ounce of marijuana by adults 21 and older as an infraction punishable by no jail time and a maximum fine of $1,000. Previously, it was a misdemeanor punishable by up to 30 days in jail in addition to a fine. The bill also reclassifies penalties for possession offenses involving amounts greater than a half ounce, and it calls on the Legislative Assembly to “consider studying the implications of the potential adoption of an initiated measure allowing the use of recreational marijuana.” A more detailed summary of HB 1050 is available here.
“This legislation is far from ideal, but it is a substantial step in the right direction,” said Matthew Schweich, deputy director of the Marijuana Policy Project. “It is very encouraging to see a conservative state like North Dakota acknowledge and rectify the injustice of jailing people for possession of small amounts of marijuana. Lawmakers can no longer ignore public support for marijuana policy reform, which is growing quickly in every part of the country.”
Gov. Burgum also recently signed a series of bills designed to expand and improve access to medical marijuana for patients registered under North Dakota’s existing medical marijuana law, which voters approved in 2016.
As well, after the first year as a unified national industry association, and with the framework of cannabis legalization firmly established, the Cannabis Council of Canada has announced its newly elected Board of Directors. As the association embarks on its second year of operations, the Board is tasked with supporting its members and continuing to work with key stakeholders on the advancement of the legal cannabis industry in Canada and around the world.
C3's general membership represents almost 90% of Canada's legal cannabis industry, and has elected the following individuals to the Board:
Megan McCrae – Aphria Inc., Board Chair
John Fowler – The Supreme Cannabis Company, Vice Chair, Adult Use
Philippe Lucas – Tilray, Vice Chair, Medical
Darren Karasiuk – Aurora Cannabis Inc.
Alison Gordon – 48 North Cannabis Co.
Jeff Jacobson – Cronos Group
Jeff Ryan – Canopy Growth Corporation
Ray Gracewood – Organigram
Isabelle Robillard – HEXO Corp.
Gerald Proctor – Sundial Growers Inc.
Ruth Chun – Newstrike/UP Cannabis
The board members bring a wealth of diverse experience in the following areas: scientific research, marketing and communications, strategy and innovation, market analysis, business development, government relations, policy development, law and non-profit.
Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced today that it has signed an offtake agreement with PharmHouse Inc., a 49 per cent-owned joint venture of Canopy Rivers Inc. (TSXV: RIV) (OTC: CNPOF). Under the terms of the agreement, PharmHouse has agreed to allocate high quality cannabis flower from an additional 20 per cent of the flowering space available at its Leamington greenhouse facility over the next three years.
Boasting 1.3 million square feet of greenhouse grow space, and leveraging the resources of Canopy Growth, Canopy Rivers and its joint venture partner have worked diligently since October 2018 to prepare the facility for licensing. PharmHouse will leverage Canopy Growth's genetics – selected and supplied by the Company – and flower will be returned to the Company to be sold under Canopy Growth's diverse brands and banners. Under the terms of the new offtake agreement, PharmHouse is committed to producing GMP-certified, high quality cannabis flower within 18 months of its cultivation license and the flower must comply with the Company's high standards for cannabis quality. GMP, or Good Manufacturing Practices, certification is the internationally recognized system to ensure all produced goods meet the highest consumer health and safety standards, allowing the Company to export the flower to its international divisions. Including this new agreement, 30 per cent of PharmHouse's total flowering space has been committed to Canopy Growth.
"We have witnessed Canopy Rivers and its joint venture partner pour their hard work into the PharmHouse facility in Leamington and couldn't be more satisfied with how it has turned out," said Bruce Linton, Chairman & Co-CEO of Canopy Growth Corporation and Chairman & CEO of Canopy Rivers. "We expect the same for the flower quality that PharmHouse will be providing to Canopy Growth. This is further evidence that the ecosystem model we had hoped for from Canopy Rivers is demonstrating its value and this new offtake agreement with PharmHouse speaks to how well we are managing our numerous assets."
Following that, one of America's most influential tastemakers, best-selling author and business executive Martha Stewart will speak at the World Cannabis Congress (WCC) in Saint John, NB being held this June 16-18. Stewart is an example of big brands and high-profile personalities that are entering into the cannabis space as outdated stigma gives way to mainstream growth opportunities.
"I look forward to sharing my knowledge and experience in the lifestyle space with this tailored audience," says Stewart. "As I begin to collaborate on products for the CBD market, and as the demand for these types of product grows, I'm very interested in the conversations and connections at this event."
The World Cannabis Congress is renowned for convening major influencers, thought leaders, policy makers and government officials to help shape and advance the cannabis industry worldwide. The curated, invite-only event is one of the most sought-after tickets in the industry, bringing together the right people in the right place at the right time to drive the industry forward. Stewart's participation comes at a time when interest in CBD and cannabis-infused food and beverages have become hot topics, with Canada set to legalize edibles later this year.
"Martha Stewart is the perfect example of where the cannabis industry is headed," says Derek Riedle, Publisher of Civilized. "This is an industry that's quickly moved from the backroom to the boardroom. We're able to attract phenomenal, top-tier talent and experts like Martha Stewart because of the legitimacy the cannabis industry is amassing, as well as the calibre of the audience we have in the room at WCC. We can't wait to hear what Martha Stewart has to say about expanding her brand in this new market."
Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB) announced today that the Company, through its wholly owned subsidiary Aurora Deutschland, has been selected by the Luxembourg Health Ministry as the exclusive supplier in a public bid to supply a second delivery of medical cannabis to Luxembourg.
Under the terms of the bid, the medical cannabis produced will be sold to Luxembourg's Division de la Pharmacie et des Medicaments, representing the second time the Company has received an order directly from the Luxembourg government. While the initial bid quantities are small, the award confirms Aurora's position as a trusted and preferred supplier to international jurisdictions and reflects the Company's ability to work with local governments and regulators in complex, restricted markets.
"We are proud to continue serving as the exclusive supplier of medical cannabis to the Luxembourg Health Ministry," said Neil Belot, Chief Global Business Development Officer. "Adding to the many achievements of our European team, which also includes our recent selection as one of only three companies to establish domestic production in Germany, our expanded supply agreement with Luxembourg reinforces Aurora's ability to act as a trusted partner that can readily meet the complex needs of diverse international markets."
Alternate Health Corp., (CSE:AHG) (OTCQB:AHGIF), an international leader in technology and extraction solutions for the regulated cannabis industry, announced today a key step forward in the Company's pharmaceutical-grade CBD product manufacturing strategy, having signed a joint venture agreement with Oltecate Enterprises, a COFEPRIS-licensed Mexican CBD distributor, with an eye for expansion throughout Latin America.
Alternate Health's expansion into the Latin American CBD market complements the Company's recent US$20 million acquisition of Blaine Labs, previously announced on May 5, 2019. With 23 years of experience producing FDA-approved and cGMP-certified medical products, Blaine Labs is uniquely positioned to manufacture a wide range of CBD products that meet international export standards. As Alternate Health rapidly expands Blaine Labs CBD product line, the Company expects Mexico to be a key growth market for future sales and a jumping off point for further distribution throughout Latin America.
"With this acquisition, we are taking another major step in consolidating the global CBD market," says Howard Mann, CEO of Alternate Health. "We now boast the addition of nation-wide Mexican CBD licenses to our hemp-based medical product assets, including extraction, distribution and product development."
Based in Tecate, Baja California, Mexico, Oltecate's headquarters are strategically located along the US-Mexican border with California. Oltecate currently holds four federal CBD licenses issued by COFEPRIS, the Mexican equivalent of the U.S. Food and Drug Administration (FDA). Currently, Mexican law prohibits cannabis and hemp cultivation and extraction, but imports of CBD products are legal with the appropriate COFEPRIS license. These licenses allow Alternate Health to import and distribute products in numerous growing markets across Mexico.
THC BioMed Intl Ltd. (CSE: THC) THC BioMed reported that it has entered into an agreement with the BC Liquor Distribution Branch ("BCLDB") to supply a number of its products exclusively to British Columbia.
The agreement was entered into after the BC Liquor Distribution Branch (BCLDB) met with THC BioMed management and toured THC's flagship facility in Kelowna B.C.
The BCLDB will provide purchase orders to THC BioMed for the product quantities listed in the appendix to the agreement three months in advance of the available supply month.
● THC BioMed Ltd. has committed to:
○ Supplying all produced dried flower product intended for the non-medical market, exclusively to the BCLDB until December 2019;
○ Maintaining Wholesale Cost incl. Excise as listed in the appendix to the Agreement until December 2019; and
○ Supplying the product as per the quantities and schedule listed in the appendix to the Agreement.
THC BioMed has agreed to exclusively supply the BCLDB with several flower strains in 3.5-gram and 7-gram formats until December 2019.
"We are proud that our products will be featured in our home province of BC. We continue to strive to produce cannabis products that are pure, clean and potent. We also look forward to launching THC Kiss, a pure organically produced cannabis beverage, when regulations permit" commented John Miller, CEO and president of THC BioMed.
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, Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio 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 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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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Wednesday, May 8, 2019
Investorideas.com - Cannabis Stock News: The Green Organic Dutchman (TSX: $TGOD.TO) (US: $TGODF) Enters US Market Through Cornerstone Investment in Califormulations LLC
Investorideas.com - Cannabis Stock News: The Green Organic Dutchman (TSX: $TGOD.TO) (US: $TGODF) Enters US Market Through Cornerstone Investment in Califormulations LLC
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- (TSX: $TGOD.TO) (OTC: $TGODF) (OTCQB: $SING) (CSE: $TOOL)
Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move- (TSX: $TGOD.TO) (OTC: $TGODF) (OTCQB: $SING) (CSE: $TOOL)
Delta, Kelowna, BC –May 8, 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.
Listen to the podcast:
Read this in full at https://www.investorideas.com/news/2019/cannabis-potcasts/05081TGOD-TGODF-SING-TOOL.asp
Today’s podcast overview/transcript:
Good afternoon and welcome to another episode of Investorideas.com “potcasts”, looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.
In today’s podcast I look at a few of the day’s earlier announcements.
But first, almost 50 years to the week after Woodstock, Canada will see its first legal cannabis and music festival.
Tens of thousands of people ranging from cannabis curious to aficionados will descend upon a 990-acre conservation park, creating an unprecedented, vibrant catalyst for cannabis culture. The first annual Journey Cannabis & Music Festival will light up the majestic Boyd Conservation Park in Vaughan, minutes from Toronto, from August 23-25, 2019.
Journey will host North Americans at an outdoor oasis nestled within the headwaters of the two cities. The festival will feature award winning musicians, spectacular outdoor art installations to excite the senses, and world-class cuisine and beer to tantalize the taste buds.
“Cannabis has been a part of festival culture for decades. Consider that Woodstock is turning 50 this summer,” says Murray Milthorpe, chief experience officer of the event. “Now along comes the Journey Festival, which plans to disrupt the stigma of cannabis in Canada in a fun, safe and collective way. We extend a friendly invitation to our US neighbors to join us for the Journey.”
Journey will also feature a cannabis education and culture component called We-ed Talks, a speaker series designed to disrupt the stigma of cannabis, provoke thought and educate attendees. Global social media influencer, five-time New York Times bestselling author and one of the most sought-after public speakers alive, Gary Vaynerchuk (@GaryVee) will headline the series with special guests to follow.
“There’s a lot of merit-based reasons that cannabis needs to be in society,” said Gary Vaynerchuk. “I think it needs to be regulated, but it needs to be in society. I’m thrilled to be a speaker at the inaugural Journey Festival. I’m bullish in tapping the opportunities within the cannabis space.”
A note though that cannabis will not be bought or sold during the festival as it is strictly BYOB (Bring your own bud).
The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC: TGODF) announced the Company's strategic investment into the US beverage space as a co-founding investor and strategic partner in the newly formed Califormulations LLC. Califormulations will operate out of Columbus, Georgia serving global branded companies with concept-to-shelf beverage commercialization support including formulation development, technical services, in-house pilot scale production and contract manufacturing co-ordination. TGOD will work with Califormulations to expedite the US launch of TGOD branded organic hemp-based CBD beverages, as local laws and regulations permit.
"We are incredibly excited to partner with Califormulations to further our development of hemp-based CBD beverage products," said Brian Athaide, CEO of TGOD. "With the US market for functional beverages, including wellness, energy and sport recovery, currently worth over USD$20 billion, we want to remain on the cutting edge of innovation and establish the foundation for future proprietary and novel TGOD-branded products. TGOD strives to partner with established industry leaders, and we believe that this forward-looking strategic partnership positions TGOD to capitalize on the future cannabinoid beverage market."
Califormulations is well positioned to immediately execute on a strategy to become the preeminent beverage formulation and commercialization centre in the United States. TGOD's co-founding investment in Califormulations is occurring alongside the expertise of Symrise Inc, including its Beverage Innovation Centers in Laguna Beach and Teterboro. Symrise, TGOD and founding management have provided a combination of equity and debt financing to capitalize Califormulations.
SinglePoint (OTCQB:SING) today announced a strategic national distribution program that will provide qualified fast growing CBD product companies a path to get their products into National Retail Distribution.
The “Strategics” program is offered in partnership with a national distribution company that has nearly $2 Billion in annual sales to mass-market stores including CVS, Walgreens, Rite-Aid, Dollar General, Dollar Tree, Giant Eagle, Meijer and Kroger grocery stores in addition to a long list of regional and national convenience stores.
According to SinglePoint President Wil Ralston, “Until now, startup, established and fast-growing CBD product companies have faced tremendous challenges in growing their business beyond e-commerce and regional distribution due to the enormous capital and logistics involved. We are excited to roll out our “Strategics” marketing program with a major national distributor that is receptive to building a portfolio of fast-growing CBD products and providing those products to their established mass market clients”.
SinglePoints goal is to seek out and recruit innovative and fast-growing companies that manufacture or distribute CBD retail products, and who desire the opportunity to have their products distributed nationally. SinglePoints “Strategics” program is extremely affordable and offers un-paralleled access that can translate into millions of dollars of orders for their respective CBD products.
Ralston added, “As we have stated, this market in growing exponentially and SinglePoint anticipates that shelf space will become increasingly difficult to obtain as the market matures. To capture this opportunity and firmly position Singlepoint in this unique B2B opportunity the company is acting immediately to screen prospective companies for its “Strategics” program and present those companies to our National Distribution Partner for consideration.
“Strategics” program partner companies will have added benefits including membership in SingleSource, a cooperative supply chain that allows members to purchase raw materials like CBD Distillate, CBD Isolate, Hemp Flower, and Biomass raw materials simply, and very competitively. Secondly, members have access to SinglePoints subsidiary SingleSeed which offers access to expanded product lines, manufacturing, custom formulation, and private labeling services.
Trackloop Analytics Corp. (CSE: TOOL) (OTCQB: TLOOF), announced the launch of its latest delivery track & trace software solution for cannabis at the Cannabis Cup show in Santa Rosa, California on June 1st and 2nd. The module expands on its industry leading traceability solution specialized for urban delivery, enabling dispatcher and driver to plan for an optimal delivery schedule by utilizing advanced order management, driver assignment, routing algorithms and emerging traffic conditions to maximize operational efficiency. In addition, the Company has taken a minimalistic design approach for the user interfaces simplifying field deployment.
The Cannabis Cup is the premiere destination for marijuana fans worldwide, featuring A-list musical performances and some of the top cannabis producers in the world. The Cannabis Cup provides a national platform to the Northern California region, ranking its products among the best in the world. It also provides a forum for producers, distributors, service providers and consumers to display the key value add of their business directly to the industry & public, and engage with the community to discuss potential opportunities.
In addition to the mobile and web scheduling module, Trackloop will showcase its latest track & trace delivery software solution for cannabis at the event. In partnership with Thermobile and Ford (NYSE: F), the Company will present one of the most advanced delivery vans on the market. The vehicle will be equipped with sustainable electric powered refrigeration, security systems, real-time temperature monitoring, delivery scheduling, and traceability solution, connected with METRC's API. The all-in-one compliant cannabis transportation van is a fully integrated, turn-key software and hardware solution that provides all the requirements for refrigerated urban delivery of cannabis. Advanced logistics vehicles like Trackloop's, are necessary for robust temperature controlled and traceable distribution networks in the cannabis industry.
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, Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio 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 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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.
Follow us on Social Media
Contact Investorideas.com
800-665-0411
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