Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 466; (NASDAQ: $GNLN) (CSE: $PACR.C) (NYSE: $ACB) (CSE: $ISH.C)
Delta, Kelowna, BC, September 14, 2020 (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 podcast edition of cannabis news and stocks to watch plus insight from thought leaders and experts.
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https://www.investorideas.com/Audio/Podcasts/2020/091420-StocksToWatch.mp3
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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 public and private company announcements.
Greenlane Holdings, Inc. (NASDAQ: GNLN), one of the largest global sellers of premium cannabis accessories and specialty vaporization products, announced today that PAX Labs, a leading consumer technology brand in cannabis, released a new lineup of colors for their popular PAX 3 cannabis vaporizer.
The device will now come in Burgundy, Onyx, Sage, and Sand. Intelligent and intuitive, the PAX 3 features proprietary lip-sensing technology and connectivity via Bluetooth to the PAX App, which includes full temperature range by degree. The award-winning PAX 3 offers flat and raised mouthpieces, a super-fast 20-second heat-up time, a conduction oven, multiple temperature settings and dynamic modes, and a 10-year limited warranty. The device’s long-lasting, rechargeable battery delivers approximately 8 to 10 sessions per charge.
To celebrate the new collection, PAX Labs is collaborating with Revelry, a Greenlane partner that creates smell proof storage accessories, with a special edition of their top-selling Mini Broker pouch. The collaboration between the two California brands aims to increase exposure for Revelry, which already enjoys a loyal following with a wider audience of cannabis consumers.
For a limited time, consumers can receive a free PAX x Revelry pouch with the purchase of a PAX 3 through select retailers. This stylish zippered stash bag ($30 value) discreetly serves as the ultimate system to protect, store and transport the PAX 3 and its accessories. Constructed from layers of odor-absorbing charcoal and synthetic filters, the innovative carbon filter system in the Mini Broker pouch traps unwanted smells, creating an easy and worry-free way to store and transport products.
“We are excited to continue to elevate the cannabis experience for PAX consumers at every touchpoint. The launch of these new colorways was the perfect time to collaborate with our friends and fellow lifestyle-enthusiasts at Revelry,” said Dominic O’Brien, Chief Revenue Officer of PAX Labs. “Their unique, stylish and functional bags, designed to go through every part of your day, mirror the essence of our brand and products: discreet, tasteful and portable.”
“We’re excited to collaborate with PAX, another Northern California brand that shares our passion for innovation, quality and design,” says Brandon Stewart, CEO of Revelry Supply. “These two products are a natural fit and complement each other in every way.”
Purity IQ announced that High North Laboratories located in Woodbridge, Ontario Canada, is now the first approved testing laboratory to perform testing requirements based upon the established standard operating procedures, for the Cannabis Authenticity and Purity Standard (CAPS) certification program.
"It's an honor to be the first Purity-IQ recognized laboratory in Canada on top of being a part of the technical working group to help standardize cannabis production, processing, and testing. There has been a void in the cannabis industry for recognized standards, as well as confusion on what pharmacopoeia to reference; herbal or pharmaceutical for example. Being a part of helping standardize proper cannabis specific procedures for quality and safety will only help our industry and we are excited to play a role. " states Rick Moriarity, CIO/COO at High North.
On the tail of the Purity-IQ Canadian representation, CLIP Labs of Southern California is also the first US-affiliated cannabis testing Lab approved under its Cannabis Authenticity and Purity Standard (CAPS) license agreement. Jordan Cohen, CEO at CLIP Labs comments, “we have recently been awarded accreditation under ISO 17025:2017 standards for cannabis testing laboratories. In most major countries, ISO/IEC 17025 is the standard for which most labs must hold accreditation to be deemed technically competent. We are excited to be able to represent the Purity-IQ CAPS program in the State of California and as part of the quality requirements for third-party certification in the CAPS program and to offer our clients the opportunity to be referenced in the first and only Global Registry for Cannabis/Hemp in California.”
Under the CAPS agreement, approved and accredited labs will collaborate and conduct plant genomic DNA extractions, metabolomic extractions for NMR analysis as and provide cannabinoid and terpene analyses for cannabis and hemp cultivars, extracts, and finished products. PIQ-licensed laboratories will manage agreements with clients in support of the cannabis/hemp reference libraries.
We are optimistic that the cannabis supply chain will see value for adopting the CAPS quality management system, as we continue to develop and populate our Global Registries and reference libraries for cannabis/hemp, using validated scientific method with our partner labs. This underpins our ISO-based voluntary requirements, for brand trust recognition, expresses Paul Valder, Cofounder and Chief Technical Officer at Purity-IQ.
Purity-IQ is now accepting applications for approval, from those labs wishing to build value-added capacity for providing Certificates of Analysis to those companies and brands seeking third-party certification in the CAPS. Newly approved labs will have the market advantage in North America to implement these added services using state-of-the-art, high-performance, and portable benchtop spectrometer instruments and Bruker Corporation’s Fourier 80-FT-NMR.
Pac Roots Cannabis Corp. (CSE: PACR) announced the availability of a broadcast titled, “Cannabis Companies Committed to Quality Carve Niche in Multi-Billion-Dollar Industry”.
Pac Roots Cannabis Corp. is dedicated to delivering the finest cannabis genetics to its consumers, preserving the excellence of its carefully cultivated elite strains while also working to introduce superior new strains. While some companies may strive to be the largest cannabis grower, Pac Roots believes that the quality of the product is paramount. With demand for premium products at an all-time high, Pac Roots appears to be ideally positioned as a leader in the premium-cannabis space.
Superior genetics isn’t the only key to cultivating quality cannabis. Optimized farming systems are essential in the quest for quality product. In addition to following a tested and refined cultivation process, the company carefully chooses its cultivation sites, focuses its operations on the best outdoor growing climates in Canada, including the South Okanagan Valley and the Fraser Valley Regional District.
Virtual Investor Conferences, in partnership with KCSA Strategic Communications, today announced that the presentations from the September 10th cannabis conference are now available for on-demand viewing at VirtualInvestorConferences.com.
REGISTER OR LOGIN TO VIEW AT: https://bit.ly/3k1GVej
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There are no fees to log-in, attend the live presentations or ask questions.
September 10th Participating Companies:
Company Name | Ticker(s) |
FinCanna Capital Corp | |
Aleafia Health Inc | (OTCQX: ALEAF | |
4Front Ventures Corp | (OTCQX: FFNTF | |
MariMed Inc | |
The Valens Company | |
Driven Deliveries, Inc | |
Nextleaf Solutions Ltd | (OTCQB: OILFF | |
Clever Leaves /Schultze Special Purpose Acquisition Corp | |
Blueberries Medical Co | (OTCQB: BBRRF | |
Gage Cannabis Co | Private Company |
Experion Holdings Ltd | |
Khiron Life Sciences Corp |
To facilitate investor relations scheduling, for more information about the program and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.
Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today that it has scheduled a conference call to discuss the results for its fourth quarter and year ended June 30, 2020 on Tuesday, September 22, 2020 at 5:00 p.m. Eastern Time. Miguel Martin, Chief Executive Officer, and Glen Ibbott, Chief Financial Officer, will host the call and a question and answer period. The Company will report its financial results for the fourth quarter after the close of markets on Tuesday, September 22, 2020.
Inner Spirit Holdings Ltd. (CSE: ISH), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced a third meaningful investment by an existing institutional shareholder.
The Company has closed a private placement offering for aggregate gross proceeds of $720,000, issuing 6,000,000 common shares of the Company at $0.12 per share to a UK-based independent private equity firm. The Common Shares are subject to a four-month hold period in accordance with applicable securities laws. This is the third private placement financing completed with the UK-based firm, which now holds 9.7% of the issued and outstanding Common Shares, bringing the firm's total investment in the Company to $2.4 million.
"We appreciate the continued support from a strong and committed institutional partner and we're pleased with our financial position as we have more than $4.5 million in cash on hand to fuel an expansion that includes adding corporate stores in key markets. The 58 Spiritleaf stores operating across Canada include a select group of corporate stores along with a strong base of franchised locations operated by entrepreneurs serving their local communities," said Darren Bondar, President and CEO of Inner Spirit.
"Spiritleaf stores across the country have been recording strong operating performance as the network matures. Proceeds from today's financing will enable us to selectively add new corporate-owned stores in targeted markets within Canada," said Bondar. At the start of this month, the Ontario market had approximately 140 cannabis retail stores serving a population of 14.7 million residents, which points to a major market opportunity for cannabis retailers.
The Company also just completed its virtual Spirit Bus Tour across Canada over the summer which generated sales growth as well as increased average basket size purchasing by customers. The tour made stops at every Spiritleaf store where Spiritleaf Collective customer benefits program members were able to access exclusive promotions and special edition festival swag. The tour helped the fast-growing Collective program increase to more than 110,000 members.
The Spiritleaf retail cannabis store network currently includes a total of 58 stores (47 franchised and 11 corporate-owned) operating in British Columbia, Alberta, Saskatchewan, Ontario, and Newfoundland and Labrador. Please visit www.spiritleaf.ca for information on store locations and operating hours.
Due to the COVID-19 pandemic, Spiritleaf stores are operating with enhanced customer service processes to ensure the safety of employees and customers. Spiritleaf's Select & Collect service enables customers to pre-shop and order online prior to pick-up in store. Customers can also connect with their local Spiritleaf store through the Collective program to further streamline and individualize the shopping experience.
Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that 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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