Investor Ideas #Potcasts #Cannabis News and #Stocks on the
Move: CSE: $HUGE.C, OTC: $FSDDF, TSXV: $META.V, TSXV: $GTEC.V, NASDAQ: $NEPT,
TSX: $NEPT.TO
Delta, Kelowna, BC –August 16, 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 series, Investorideas.com potcastsCM -
cannabis news and stocks to watch plus insight from thought leaders and experts.
Read this in full at http://www.investorideas.com/news/2018/cannabis/08161Potcasts-CSE-HUGE-OTC-FSDDF-TSXV-META-GTEC-NASDAQ-NEPT.asp
Today’s podcast overview/transcript:
Good morning and welcome to another Investorideas.com potcast – looking
at cannabis news, stocks to watch as well as insights from thought leaders and
experts.
Today we will be looking at announcements from FSD Pharma Inc. trading
on the CSE as HUGE and the OTC as FSDDF,
National Access Cannabis Corp. trading on the TSX-VENTURE as META, GTEC
Holdings Ltd. trading on the TSX-Venture as GTEC and the OTC as GGTTF and
Neptune Technologies & Bioressources Inc. trading on the NASDAQ and the TSX
as NEPT.
But first, Cannabis stocks traded up yesterday with positive news, the
largest being the $5 million investment from Constellation Brands into Canopy
Growth Corp., though Canopy wasn’t the only stock on the rise. Canopy was up
30.42% or $7.49, while Aphria also had a boost of 20.53% or $1.79 and Aurora
was up 19.48% or $1.04. Cannabis stocks continued to rise from news earlier in
the week with Ontario adding private retailers to its plan to sell recreational
cannabis come October.
FSD Pharma Inc., announced today the launch of a clinical research
collaborative program in Israel, via its strategic R&D partner, SciCann
Therapeutics Inc.
This comprehensive clinical research program will be executed through
SciCann's strategic alliance and collaboration agreement with Mor Research
Applications Ltd. - the technology transfer office and commercial arm of Clalit
Healthcare Services, Israel's largest medical insurer and healthcare provider,
which operates a network of 14 full scale hospitals throughout Israel, employs
over 9,000 physicians and serves the healthcare needs of over 50% of Israel's
population.
As announced previously, FSD Pharma has secured the exclusive licensing
rights for the manufacturing and distribution of SciCann's line of proprietary,
patent-pending, cannabinoid-based and indication-specific products in Canada.
Under the strategic alliance agreement with Mor, FSD Pharma and SciCann
will execute a series of rigorous, randomized, placebo-controlled clinical
studies to demonstrate the safety and efficacy of these products, in order to
bring to market advanced and innovative cannabinoid-based products that are
backed up by solid clinical data achieved through the highest standards of
rigorous and objective clinical research typical for the development process of
pharmaceutical products.
National Access Cannabis Corp., Canada's best practices leader in
delivering safe and responsible access to legal cannabis, and The Second
Cup Ltd. (TSX:SCU), Canada's second-largest retailer of specialty
coffee, announced an update to their national strategic alliance in
response to the Ontario government's announcement to roll out a private retail
cannabis model starting April 1, 2019.
NAC and Second Cup originally announced their strategic alliance in
April 2018, through which the two companies will develop a network of
NAC-branded and operated recreational cannabis stores in provinces where
legally permissible.
Based on the Ontario government's announcement earlier this week, NAC
and Second Cup have begun actively reviewing potential Second Cup locations in
the province for conversion to NAC-operated cannabis retail stores, under the
brand and banner Meta Cannabis Supply Co.™ (aka META).
There are more than 130 Second Cup locations across Ontario, with a
significant number of sites in high-traffic, densely populated municipalities,
including Ottawa and Toronto. As more details become available through
legislation, the companies will continue to assess locations for Ontario retail
opportunities. Conversion of any Second Cup café to a META recreational
cannabis store will be conditional on obtaining a retail license from
provincial regulators and the approval of Second Cup and the applicable
franchisee and landlord.
Neptune Technologies &
Bioressources Inc. announced the appointment of Ms. Hélène F. Fortin to its Board of
Directors.
"We are pleased that Ms. Fortin has accepted to join the Board of
Neptune," said John Moretz, Chairman. "Her extensive experience on
the boards of leading public and private corporations combined with her
impressive financial and governance background, will be
extremely beneficial for Neptune, as we seek to significantly grow our
activities in the multi-billion dollar cannabis market."
GTEC Holdings Ltd. provided an update on its wholly owned subsidiary,
Spectre Labs Inc.
GTEC previously announced that it had acquired a warehouse located in
Kelowna, B.C. for the purpose of submitting an application to the Office of
Controlled Substances for a Dealer's Licence. The site will be developed in a
phased approach and will serve as a Good Manufacturing Practices (GMP) grade
facility with extraction, formulation, compounding and export capabilities to support
GTEC's Licensed Producers and the global medical market. GTEC also intends to
utilize this facility to manufacture edible products that are expected to be
incorporated into Health Canada's regulatory framework in 2019. Upon Health
Canada approval of phase one, the facility will be capable of producing up to
24,500 grams of cannabis oil per day (equivalent to more than 8,500 kilograms
per annum), with capacity to increase production through future phased
development.
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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