Investor Ideas #Potcasts #Cannabis News
and #Stocks on the Move: TSX: $WEED.TO,
CSE: $CROP.C, CSE: $MTEC.C, TSXV: $N.V
Delta, Kelowna, BC –August 22, 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.
Listen to the podcast:
Read this in full at http://www.investorideas.com/news/2018/cannabis/08221Potcasts-TSX-WEED-CSE-CROP-MTEC-N.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 Canopy Growth Corporation
(TSX: WEED and NYSE: CGC) , CROP Infrastructure Corp. (CSE: CROP and OTC: CRXPF) , Cannvas MedTech Inc. (CSE:
MTEC) and
Namaste Technologies Inc. (TSX-Venture:
N).
But first, with the world watching Canada prepare for federal
legalization, Lift & Co. has opened the nominations for the fifth-annual
Canadian Cannabis Awards, shining a spotlight on excellence in Canada's
cannabis sector. Cannabis consumers and industry members are encouraged to
nominate their favourite cannabis products, accessories, companies and industry
leaders at canadiancannabisawards.com.
Winners will be unveiled at the second-annual CCA gala ceremony on Thursday, November 29, 2018 at The
Carlu in downtown Toronto.
"This is a pivotal year for the Canadian Cannabis Awards, as we
prepare to recognize the best of the industry and gather again in celebration
on the heels of federal legalization in October," said Matei Olaru, CEO,
Lift & Co. "Looking forward, winners of this year's awards will have a
unique point of differentiation for the next twelve months as the first year of
legalization unfolds."
Keeping pace with the rapidly evolving cannabis industry, Lift & Co.
has streamlined and modernized this year's awards to provide enhanced
distinction among licensed producers, cannabis accessories, and the people and
companies whose dedication and innovations are leading the business and
cultural shifts well underway in Canada. New categories in 2018 include:
"Woman in Weed – Trailblazer"; "Top Reviewed Product of the
Year"; "Top Reviewed Licensed Producer of the Year"; "Top
Balanced Flower" and "Top Balanced Oil" (cannabis products with
less than 1:2 or 2:1 ratio of THC to CBD); "Top Rolling Papers";
"Top Grinder"; "Top Pipe"; "Top Bong"; and
"Top Cannabis YouTuber." In total, 49 CCAs will be presented this
year.
Canopy Growth Corporation announced that it has received amended
licences from Health Canada that increase the size and sophistication of its
national footprint.
The amended licences include a nearly doubling of growing capacity at
its Smiths Falls Campus at 1 Hershey Drive, an additional 223,200 sq. ft. of
cultivation space at its majority-owned Les Serres Vert Cannabis Inc.
("Vert Mirabel") greenhouse in Mirabel, Quebec, and a licence for a
highly automated, state-of-the-art Distribution Centre located at its Smiths
Falls campus.
Increased production capacity at the Smiths Falls and Mirabel sites will
increase Canopy's ability to reach consumers in every market once recreational
sales are permitted in October 2018. In Smiths Falls, the specific licensed
rooms will also become part of a new Tweed Visitor Centre experience that is
launching August 25, 2018. Adults over 19 years of age will be able to stroll
along the catwalk Hershey left behind and look down on a new era of production
activity.
CROP Infrastructure Corp. announced today that its
Nevada subsidiary has leased an additional 750 acres of contiguous agricultural
farmland bringing the total Nevada acreage to 1,065 acres with 240 acres under
pivot.
The lease also provides access to over 300 acres of additional water
rights. The additional 750 acres of pivot development potential will
substantially increase production for the 2019 season.
The newly-leased acreage comes with four housing units and a building to
be converted into an extraction facility to process hemp biomass for CBD
isolate on site. The two-year lease will annually cost $566 USD per acre and
the company intends to use a portion of the revenue from its first crop to pay
for the lease.
The previously announced 240 acres of CBD Hemp was planted and is
currently 1.5 feet tall and growing under pivot. All harvesting equipment has
been secured for the resulting hemp biomass. It is estimated that the 240 acre
pivots will yield 240,000 pounds of hemp flower. The cost of production is not
expected to exceed $700,000 USD with many of the costs already incurred. The
first harvest is expected in early Q4 this year.
Cannvas MedTech Inc., a leading business
technology company in the cannabis space, and Namaste Technologies Inc., announced the signing of a definitive
revenue share partnership agreement, whereby the two companies will share
revenue generated through co-branding and marketing efforts between Namaste's
medical cannabis patient portal, NamasteMD and the Cannvas.me cannabis
education platform.
"I am very impressed with the vision of Cannvas to become the
unbiased source of education for medicinal and recreational cannabis users
worldwide," said Kory Zelickson, Co-Founder and VP of Business Development
for Namaste. "With the legalization of cannabis in Canada only a few short
months away, forming a long-term partnership with an education platform
furthers Namaste's commitment to its patients around the safe and responsible
use of cannabis."
Under the terms of the Agreement, Cannvas and Namaste will build and
deploy technologies driving customer integration and value-added services
between company platforms. Both organizations will continue to explore
other avenues to expand the partnership and enhance user experiences across
their respective platforms.
The Agreement represents a strategic initiative whereby Namaste is
partnering with a technology platform to drive new patient acquisition and
create value for its partners. With the use of NamasteMD, the Cannvas.me
educational platform will offer users convenient access to book medical
cannabis consultations through NamasteMD, providing added value for and a new
revenue stream for Cannvas.me.
Namaste Technologies Inc. also announced that the Company has signed a
wholesale supply agreement with Manitoba-based ACMPR Licensed producer, Bonify
Inc. Under the terms of the Supply Agreement, Namaste will purchase bulk
cannabis products through the Company's wholly-owned subsidiary, Cannmart Inc.
Bonify operates a large-scale cultivation facility and will expand capacity to
over 350,000 square-foot that will accommodate Namaste's growth trajectory.
Namaste will work with Bonify to develop private-label strains of cannabis for
the medical and recreational markets as well as in offering the full selection
of Bonify products.
Further to the Company's August 13th news release, Cannmart
completed its Health Canada Pre-Sales inspection on July 31st, 2018
and the receipt of its "sales-only" license will represent a major
milestone for the Company. With Cannmart's "sales-only" license
imminent, and in order to accommodate the acceleration of NamasteMD's
(NamasteMD.com) database and with the launch of Canadian recreational cannabis
sales pending, the Supply Agreement with Bonify will guarantee adequate supply
to support Namaste's demand.
Finally, Namaste also announced that it has registered over 14,000 users
in its online patient portal and mobile app, NamasteMD representing a 130%
increase in registered users in approximately 2 months. With the latest launch
of the NamasetMD app, the Company has streamlined the on-boarding process,
improved conversion rates and has opened the app's scheduling to accommodate
appointments within 15 minutes from sign-up. The accelerated growth in patient
acquisition which has taken place over the past two and a half months is
extremely encouraging. Namaste anticipates seeing further acceleration once
Cannmart's sales license is received and cannabis sales are integrated within
the platform.
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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