Investor Ideas #Potcasts; #Cannabis News
and Stocks on the Move; TSX:
$WEED.TO, CSE: $CHOO.C, TSX: $APH.TO, CSE: $CALI.C
Pt. Roberts, WA; Delta, BC –June 15, 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 release today’s edition of
its new series, 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 http://www.investorideas.com/news/2018/cannabis/06151Potcasts-TSXWEEDCSECHOOAPHCALI.asp
Today’s podcast overview/transcript:
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. Today’s podcast features news from Canopy Growth Corporation (TSX:
WEED and NYSE:
CGC) , Choom™ ( CSE: CHOO and OTCQB:CHOOF) , Aphria Inc ( TSX: APH and OTC: APHQF ) and FinCanna
Capital Corp. ( CSE:
CALI).
Canopy
Growth announced today that it has priced its previously announced offering of
convertible senior notes due 2023 (the "notes"). The Company will
issue C$500 million aggregate principal amount of the notes. Canopy Growth has
granted the initial purchasers of the notes an option to purchase up to an additional
C$100 million aggregate principal amount of notes. The offering was upsized
from the previously announced C$400 million aggregate principal amount.
Cowen and
Company, LLC and BMO Nesbitt Burns Inc. are acting as joint book-running
managers and Eight Capital and Bryan, Garnier & Co. are acting as
co-managers for this offering. Canopy Growth has been advised by Greenstar
Canada Investment Limited Partnership, an affiliate of Constellation Brands,
Inc., that it intends to participate in the offering. The remainder of the
offering will be widely allocated to institutions, primarily in the United
States, Europe, as well as Canada.
Choom™, an
emerging fully-integrated cannabis company, is pleased to announce that today
it is closing its acquisition (the "Transaction") of Specialty Medijuana Products
Inc. ("SMP")
pursuant to an amended and restated amalgamation agreement among Choom, Arbutus
Brands Inc. and International Tungsten Inc. The Company announced the
definitive agreement to effect the Transaction in a news release on March 19,
2018.
·
Enable
Choom™ to acquire SMP, which has submitted its AOR evidence package to Health
Canada and expects to receive its cultivation license at any time;
·
Create
significant synergies in operational infrastructure and expertise across
multiple disciplines to drive strong growth potential;
·
Significantly
improve and advance operational scale and production capacity; and
·
Strengthen
and accelerate Choom's strategic direction as a fully-integrated cannabis
company, representing a premiere lifestyle brand in Canada.
Aphria Inc.
announced the appointment of Joel Toguri as Vice President of Sales effective
on June 18, 2018. Mr. Toguri joins the Company from Southern Glazer's of Canada
("Southern Glazer's"),
where he was Vice President of Sales and Operations since 2013.
FinCanna
Capital Corp. announced its intention to raise C$3,000,000 by way of a
non-brokered private placement of 10,000,000 units at a price of C$0.30 per
Unit. Each Unit will consist of one common share of FinCanna and one common
share purchase warrant. Each full warrant will be exercisable to acquire one
common share of FinCanna at an exercise price of C$0.45 for 24 months from the
date of the closing of the Private Placement.
FinCanna has
agreed to pay a cash finder’s fee of 8% of the aggregate proceeds raised from
subscriptions arranged by certain finders and (ii) to issue warrants equal to
8% of the aggregate Units subscribed for pursuant to the subscriptions arranged
by such finders. Each warrant shall be exercisable for one common share at a
price of C$0.45 for a period of 24 months following the closing date of the
Private Placement. The lead finder in the non-brokered private placement is
Triview Capital Ltd.
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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