Tuesday, August 13, 2019
Investorideas.com - Herbés Elevates and Redefines Luxury Cannabis
Investorideas.com - Herbés Elevates and Redefines Luxury Cannabis
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Investorideas.com - Grenco Science and Vapium Announce Joint Venture to Introduce Accudose, a First-of-its-Kind Accurate Dosing Technology for Cannabis Consumption
Investorideas.com - Grenco Science and Vapium Announce Joint Venture to Introduce Accudose, a First-of-its-Kind Accurate Dosing Technology for Cannabis Consumption
www.investorideas.com - news that inspires big ideas
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Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (OTCQB: $CBDY) (TSXV: $HVT.V) (CSE: $JANE.C) (TSXV: $PCLO.V) (CSE: $EURO.C)
Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (OTCQB: $CBDY) (TSXV: $HVT.V) (CSE: $JANE.C) (TSXV: $PCLO.V) (CSE: $EURO.C)
Delta, Kelowna, BC –August 13, 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/08131CBDY-HVT-JANE-PCLO-EURO.asp
Today's podcast overview/transcript:
Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.
In today’s podcast we look at a few early announcements.
But first, Grenco Science, the leader in advanced technology cannabis vaporization, announces a joint venture with Vapium, the award-winning vaporization company and resident of Johnson & Johnson Innovation - JLABS (JLABS), and investee of Canopy Growth. The companies will work together to integrate ground-breaking technologies for the medical cannabis industry under the brand name Accudose. The first-of-its-kind cannabis consumption platform will fill a void in the market for an accurate, dosing protocol that will allow practitioners to prescribe cannabis as medicine, reframing cannabis consumption.
"Grenco Science is excited to partner with Vapium and bring Accudose into our growing portfolio of brand partners. After seeing the technology Vapium created, this was a clear fit for the multi-state model we developed to launch the Gio. This partnership will allow us to introduce a product offering into the medical cannabis industry with the first actual accurate dosing technology which has not yet been seen on the market and will propel Accudose to become a leader in the industry," said Chris Folkerts, CEO and Founder of Grenco Science.
"From the inception of Vapium, our primary focus has always been patient-centric," said Michael Trzecieski, Vapium co-founder and CEO. "We've worked hard to fully consider the medical conditions faced by users and created a revolutionary platform that will empower patients and practitioners and we are thrilled to be launching this with Grenco so that the world will benefit. Grenco's multi state filling ecosystem coupled with their international brand recognition is nothing short of remarkable. Combining this infrastructure with our years of medical research, dosing and analytic capabilities, we are uniquely positioned to drive the transparency and efficacy needed to standardize cannabis as medicine."
Under the terms of the partnership, the parties will integrate Vapium's innovative dose control technologies and hardware with new cannabis products from Grenco Science's diverse portfolio of brand partners, which include Caliva, Eaze, FlowerOne, Harvest Health and Old Pal among others, to bring to market the revolutionary, accurate dose-metered cannabis consumption platform.
Target Group Inc. (OTCQB: CBDY) announced that effective August 8, 2019, it has entered into an exclusive licensing, manufacturing and distribution agreement with cGreen Inc. for a period of 10 years. The agreement permits Target Group to manufacture and distribute the patent-pending THC antidote, True Focus™, in the United States, Europe and the Caribbean.
The exclusive licensing agreement grants Target Group the rights to the complete True Focus™ intellectual property portfolio, including use of the "True Focus™" trade name, trademarks, logos and art, rights to product formulations, methods and processes. The agreement will facilitate the expansion of Target Group's growing wellness portfolio and position the Company for global manufacturing and distribution.
Excessive cannabis consumption may lead to adverse and unwanted side effects. True Focus' all-natural, nutraceutical formulation offers a unique solution to rapidly alleviate the undesirable effects associated with over-consumption of tetrahydrocannabinol ("THC"). True Focus' innovative THC antidote is dispensed sublingually via a discreet, pocket-sized spray bottle. True Focus' product formulations are considered 'patent-pending' by way of a United States Patent and Trademark Office ("USPTO") application.
"The True Focus agreement will enable Target Group to enter legal, international markets around the globe, and to develop a centralized distribution channel for its suite of wellness products. This partnership also accelerates Target Group's ability to generate revenue within the broader American, European and Caribbean markets immediately", said Rubin Schindermann, Chief Executive Officer for Target Group.
Harvest One Inc. (TSXV: HVT) (OTCQX: HRVOF), through its wholly-owned subsidiary Satipharm Ltd. today announced positive results of a Phase 2 clinical trial of its CBD GelPell® capsules in the management of Treatment Resistant Epilepsy (TRE) have been published in Epilepsy & Behaviour, a bimonthly peer-reviewed medical journal covering behavioral aspects of epilepsy.
Some of the highlights included:
● Phase 2 open label clinical trial is aimed at measuring safety and efficacy of Satipharm CBD capsules for reducing seizure frequency in children with refractory, or treatment-resistant, epilepsy
● The median reduction of monthly seizures was -82% in the 12-week treatment period in treatment-resistant children when added to current medications
● 56% who started the treatment had a reduction of at least 50% in total number of seizures during the entire treatment period, compared to observation
● 73% were rated as "very much improved/improved" in overall condition on the Caregiver Global Impression of Improvement scale
● 82% were rated as "very much reduced/reduced"
● A mean 73.4% reduction from baseline monthly seizure frequencies was observed
● Two patients were fully seizure-free within 5 weeks of treatment
● An additional seven patients reported >50% seizure frequency reduction
A fulsome description of the study and results can be found in the Harvest One background document available on our website at https://www.harvestone.com/portfolio/satipharm/#clinical-trials
"The results of our second stage of clinical trials on our Satipharm 50mg CBD GelPell® products are very encouraging for the patients we serve, our shareholders and our company" said Grant Froese, Chief Executive Officer of Harvest One. "We continue to be focused on the best in class health, wellness, and self-care products at Harvest One and we believe that our unique products, including the proprietary GelPell®, will be highly sought after as cannabis legalization takes hold around the world".
GelPell® capsules contain full spectrum hemp extract CBD in a seamless gelatine bead. This bead is placed inside a hard gastro-resistant capsule ensuring the release of CBD in the small intestine where it has the greatest effect. Manufactured in Switzerland and EU GMP Certified, every 50mg GelPell® capsule has been clinically proven to improve the body's absorption of CBD and other cannabinoids. They are easy to take and contain a consistent and precise dose of CBD.
"The efficacy of Satipharm's CBD capsules as an add-on therapy in the treatment of pediatric, intractable epilepsy has been shown. Moreover, these results compare favourably to other similar studies of cannabidiol" said Prof. Uri Kramer, Director of Pediatric Epilepsy Service, Tel Aviv Sourasky Medical Centre and Principal Investigator of the trial. "Importantly, the significant reductions in seizure frequency while demonstrating satisfactory safety and tolerability profile, in these very difficult to treat patients, have the potential to be a life-altering event for these patients and their families. I would be greatly interested in prescribing such standardized and clinically tested product as Satipharm's 50mg CBD GelPell®".
Mojave Jane Brands (CSE: JANE) (OTC: HHPHF), a California cannabis company, announced that it is entering the market for cannabis-infused beverages by signing a Manufacturing License Agreement with Vancouver-based HAI Beverages Inc.
The Agreement allows Mojave Jane to exclusively license HAI's proprietary technology for the solubility and bioavailability of THC and CBD components in the State of California. The Company will use this technology in the formation process of flavorless distillates and concentrates produced specifically for non-alcoholic beverage products as a micro-dosage offering.
Advantages of HAI's proprietary technology:
● Allows the body to absorb THC and CBD components immediately, producing desired effects in a matter of minutes and enabling a much better control of dosages both for wellness and recreational purposes.
● Enables precise and predictable dosages.
● While producing a similar effect as an alcoholic beverage, a 12 oz micro-dosed drink, for example, can be enjoyed without negative side effects such as feeling hungover, causing liver damage, ingesting empty calories or remaining in the system for extended periods at a time.
● Neutral in taste for versatile applications.
● Bio-available concentrates in CBD or THC formulation.
Mojave Jane's CEO Gary Latham comments:
"While this is a big step in the evolution of cannabis products for recreational and wellness consumers, it is an even bigger move for Mojave Jane as we now enter California's massive beverage market. The license also allows us to produce an "additive" that can be marketed to other beverage producers, expanding this opportunity to the State's even larger adult beverage market.”
“We truly recognize this Agreement with HAI as an ideal match: The flexibility of HAI's technology lets us manufacture products that create custom effects catering to the specific needs of various consumer demographics. From HAI's perspective, they gain access to the California cannabis and adult beverage market since ingestible CBD and THC products based on their technology can only be produced in a licensed cannabis manufacturing facility like ours. I am looking forward to working with the HAI team on the integration process and as we explore the enormous potential of this opportunity together."
PharmaCielo Ltd. (TSXV:PCLO) (OTC:PHCEF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis oil, PharmaCielo Colombia Holdings S.A.S., announced it has signed a sales agreement with Uruguay-based Laboratorios Adler. According to the agreement, PharmaCielo will provide Adler with bulk CBD extracts, bulk and bottled CBD oils and veterinary products that will be sold by Adler in Uruguay, Paraguay, Bolivia and Southern Brazil.
The four-and-a-half-year agreement with option for renewal signals PharmaCielo's foray into the high-growth veterinary CBD treatment and wellness market. This is also the first collaboration between PharmaCielo and Creso Pharma that includes sub-contracting to Creso the responsibility for manufacture and supply of Creso's veterinary feed products, anibidiol® 2.5 and anibidiol® 8, with export approval received from the Swiss Cantonal regulator.
"This exciting entry into the animal health marketplace through the agreement with Adler is an example of PharmaCielo executing on its strategic objectives to supply both bulk oil and proprietary products to customers using established large chain distributors," said David Attard, CEO with PharmaCielo Ltd. "Including Creso Pharma's animal health products also demonstrates both the mutual strategic value of our Creso acquisition proposal, which will be fully realized upon completion of the transaction, and the value of branded, fully manufactured product to provide enhanced margin opportunity. We are thrilled about the potential this agreement brings to all parties, and we look forward to working with our Latin American and European partners."
A manufacturer and importer of products for animal treatment, Laboratorios Adler services a wide range of customers from pet shops to veterinary clinics and wholesale distributors of veterinary products. The CBD-based products that Adler will distribute in its area are designed for trauma pain and cancer-related pain treatment for domestic and large animals.
"We are seeing increased demand for CBD-based veterinary products across all our markets as customers look for natural solutions to address pain, stress and a variety of other ailments in both domestic and large animals," said Adriana Adler, Chief Financial Officer with Laboratories Adler S.A. "Partnering with PharmaCielo gives us an incredible advantage in this rapidly developing category. Creso Pharma's anibidiol® line of products, targeting stress, behavioral problems and chronic pain, along with PharmaCielo's CBD isolate, among the purest and highest quality we've seen, make a great addition to our product portfolio."
EuroLife Brands Inc. (formerly Cannvas MedTech Inc.) (CSE: EURO) (OTCPK: CANVF), a leading digital cannabis education and analytics company, announced that, further to its news release of July 31, 2019, it has completed its name change from "Cannvas MedTech Inc." to "EuroLife Brands Inc." to better reflect the direction of the Company's business.
"We are tremendously excited to complete our company rebrand and continue to leverage our unbiased cannabis education resources to better support the global cannabis community and bring additional value to our shareholders," said Steve Loutskou, Chief Operating Officer, Global Markets, EuroLife Brands. "We are confident that coupling our cannabis education with an exclusive CPG marketplace for discerning cannabis consumers across Europe and South America will meet and exceed their expectations of product selection and overall awareness."
The Company's trading symbol on the Canadian Securities Exchange (the "CSE") has changed to "EURO" and, on the OTC Pink Sheets (the "OTCPK"), remain "CANVF" until the pending symbol change has been approved. The trading symbol will remain as "3CM" on the Frankfurt Stock Exchange. The Company's new CUSIP number for its common shares is 29876F106 and ISIN is CA29876F1062.
The Company has been advised by the CSE that the common shares will commence trading under the new name, effective at the opening of trading on August 14, 2019. In the coming days, all the Company's digital properties will be updated to reflect new EuroLife branding.
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
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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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The Growing #CBD #Beverage Market Drinking Up Revenues (OTC: $HIPH) (NASDAQ: $NBEV) (TSX: $TGOD.TO) (NYSE: $HEXO)
The Growing #CBD #Beverage Market Drinking Up Revenues (OTC: $HIPH) (NASDAQ: $NBEV) (TSX: $TGOD.TO) (NYSE: $HEXO)
Point Roberts WA, Delta BC –August 13, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot reporting on recent news and developments in the CBD beverage sector.
The future of the beverage market is clearly pointing to the cannabis industry. A recent Forbes article sums it up, “Cannabis drinks are already big business, and they’re growing fast. When people think about cannabis, the first thing that comes to mind is usually smoking it, then vaping it or eating it inside an edible. Until recently, the idea of drinking cannabis wasn’t really on most people’s radars. But that’s starting to change”
American Premium Water Corporation (OTC: HIPH), known for its LALPINA CBD water, just reported today that the two-container order the Company received earlier this year is on track for delivery in September. This order will generate over $200,000 in topline revenue. Due to ongoing fluctuations in the British Pound, the final sale amount from this order will be realized at delivery according to Generally Accepted Accounting Principles (“GAAP”).
Read this in full at https://www.investorideas.com/news/2019/cannabis/08132CBD-Beverage.asp
American Premium Water Corporation CEO, Ryan Fishoff stated: “The Company continues to execute its business plan. With completion of financing from this delivery and other sales and revenue initiatives, I am confident that the Company will surpass its most recent guidance of $1 million in revenue for the 2019 fiscal year. The Company is focused on deriving roughly 50% of revenue from outside the US; this order will help guide us to that benchmark. The Company is generating revenue from other outlets, with larger transactions in the pipeline, which has given us the confidence to reaffirm guidance, including our JV with Hanlons Brewery.” (www.hanlonsbrewery.com)
“We are focusing all our energies and efforts into exceeding the $1 million revenue target and we’re confident that we may very well exceed it. We are also moving full steam ahead with our audit, led by our retained auditors Weinberg & Co. (http://www.weinbergla.com/), and once that is complete, begin the process to uplist. There are a lot of exciting initiatives in the pipeline; I look forward to sharing updates with the investor community on these and other developments in the near future.”
The company also reports, “LALPINA CBD water can now be purchased online by visiting https://www.singleseed.com/product/lalpina-cbd-water-6-pack/”
NEW AGE BEVERAGES CORPORATION (NASDAQ: NBEV) reported on August 8th, “record financial results for the second quarter ended June 30, 2019. The Company achieved record sales, with net revenue reaching $66.3 million versus a prior year of $13.4 million, a growth of 397%.”
According to Zack’s Research, New Age Beverages is benefiting from strength in its portfolio of brands. This also includes the enhancement of cannabis-infused beverage portfolio.
Additionally, the company is on track to expand its core brand portfolio. It is likely to gain from its strategic buyouts such as the Morinda acquisition. Notably, it is in the process of integrating Morinda into New Age. This acquisition was completed on Dec 21, 2018.
Furthermore, New Age Beverages has been strengthening its foothold in the e-commerce distribution system. Moreover, it is focused on accelerating business in the second half of 2019 by strengthening organic growth, with the launch of CBD portfolio, expanding core brands’ national distribution in the United States, and a number of other initiatives in the second quarter and throughout the rest of 2019.
KEY HIGHLIGHTS:
Net revenue reached an all-time high of $66.3 million, up 397% over Q2 2018 and a 14% increase sequentially from Q1 2019.
Gross margins increased to 63% compared to 13% in the prior year quarter.
Achieved positive Adjusted EBITDA compared to a loss of $2.2 million in Q2 2018 and a net loss of $11.7 million during Q2 2019.
Maintained strong Balance Sheet with cash of $83.6 million and positive working capital of $57.8 million
“We are pleased with our second quarter operating results, which again exceeded our guidance in revenue and positive Adjusted EBITDA,” stated Brent Willis, Chief Executive Officer of New Age Beverages. “We finished the quarter strong and believe that we will see good organic growth in the second half of 2019. With the strength of our balance sheet and the improved sales and marketing capabilities that we added with the Brands Within Reach acquisition, we believe we are building excellent momentum for continued improved operating performance in the back half of the year.”
On July 29th, HEXO Corp (TSX: HEXO) (NYSE: HEXO) reported its cannabis products are now available to Alberta consumers for the first time after finalizing an agreement between HEXO and Alberta Gaming, Liquor and Cannabis (AGLC).
Continued: The agreement provides AGLC with HEXO’s nine dried flower products and award-winning Elixir oral sprays, making them available at the Alberta Cannabis online store and to all of the nearly 200 private retail stores in the province.
“This agreement marks the latest achievement in the development of HEXO’s presence in Western Canada and our goal to be top two in market-share in the country,” said HEXO Corp CEO and co-founder, Sebastien St-Louis. “Alberta represents one of the largest cannabis markets in Canada and we are thrilled to see our products are available to Albertans across the province.”
With HEXO and Up Cannabis brands, HEXO products are available in nine provinces, expanding the Company’s footprint in Canada and providing more choice for consumers.
Hexo made headlines last year with its partnership with Molson Coors announcing “Molson Coors Canada and HEXO Announce Agreement to Create Joint Venture Focused on Non-Alcoholic, Cannabis-Infused Beverages for the Canadian Market.”
In a recent CTV news interview Gavin Hattersley, who currently heads the MillerCoors US operations, said. “The company intends to discuss at its next quarterly call the brands of Truss non-alcoholic cannabis-infused beverages that its joint venture partner marijuana producer Hexo Corp. will begin to sell after the product is legalized later this year.”
“Mark Hunter said Molson Coors dipped its toes in the cannabis space a year ago to "be on the playing field" as demand for these beverages expands to other geographies, including the United States once "legislative complications" are addressed. Marijuana is illegal in the U.S. at the federal level, but many in the space believe the political winds are shifting.”
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (TGODF) expects to release its second quarter 2019 earnings today, Tuesday, August 13, 2019 after market close. The Company will hold a conference call conducted by Brian Athaide, Chief Executive Officer, and Sean Bovingdon, Chief Financial Officer, on August 14, 2019 at 9:00 am Eastern Time to discuss the results and future outlook.
The company also just recently announced that it has submitted an application to list its common shares on the NASDAQ. This followed news that that it successfully renewed its Health Canada licences for the Company's Ancaster, Ontario facility until August 2022. As per the Cannabis Regulations, these licences authorize TGOD to cultivate, process and sell cannabis from its Ancaster site.
In May they reported 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"). 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."
The recent mass exodus of key executives from the food and beverage sector to take leading roles in the cannabis industry points to the future of beverages; drinking up the profits of a new era in the sector.
For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks
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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Disclaimer/Disclosure: 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.
Disclosure: this news article featuring HIPH is a paid for service on Investorideas.com , third party . 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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