Friday, March 22, 2019

Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: Westleaf (TSXV: $WL.V) (OTCQB: $WSLFF), CannaRoyalty (Origin House) (CSE: $OH.C) (OTCQX: $ORHOF), The Supreme Cannabis Company (TSX: $FIRE.TO) (OTCQX: $SPRWF) and Fire & Flower Holdings (TSXV: $FAF.V)


Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: Westleaf (TSXV: $WL.V) (OTCQB: $WSLFF), CannaRoyalty (Origin House) (CSE: $OH.C) (OTCQX: $ORHOF), The Supreme Cannabis Company (TSX: $FIRE.TO) (OTCQX: $SPRWF) and Fire & Flower Holdings (TSXV: $FAF.V)



Delta, Kelowna, BC –March 22, 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:

                                                                                                                

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 we are looking at announcements from Westleaf Inc. (TSX-V: WL) (OTCQB:WSLFF), CannaRoyalty Corp. (Origin House) (CSE: OH) (OTCQX: ORHOF), The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) and Fire & Flower Holdings Corp. (TSXV: FAF).

Westleaf Inc. announced it has been included on the Horizons Marijuana Life Sciences ETF (TSX:HMMJ). HMMJ is an index (or passively managed) ETF, which seeks to replicate, to the extent possible, the performance of the North American Marijuana Index, net of expenses. This index is designed to provide exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the cannabis industry. The North American Marijuana Index selects from a current universe of companies that have operations that may include one or more of biopharmaceuticals, medical manufacturing, distribution, bio-products and other ancillary businesses related to the cannabis industry.

"We believe the inclusion of Westleaf in the HMMJ is validation that we have laid out an appropriate strategy, that we are showing progress in our execution and that the vertical integration business model is the right approach in an industry that is going through early life-cycle changes," said Scott Hurd, President and CEO of Westleaf.

CannaRoyalty Corp. (Origin House), a North American cannabis products and brands company today announced that the Company's wholly owned subsidiaries, Kaya Management Inc. and FloraCal® Farms, were awarded annual operating licenses from the State of California.

Kaya operates a licensed manufacturing facility in Oakland, California that manufactures edibles, vaporizers and pre-rolls, and was issued an annual Type 6 non-volatile manufacturing license by the California Department of Public Health. Approximately 60 cannabis manufacturing facilities across California have received annual licenses.

FloraCal operates a craft cannabis cultivation facility located in Sonoma County, California and was issued a one-year provisional cultivation license,from the California Department of Food and Agriculture. This is the first annual or provisional cultivation license to be issued in Sonoma County.

Origin House currently operates five licensed facilities across California. Kaya and FloraCal are the first of those facilities to transition from temporary to annual licensure.

The Supreme Cannabis Company, Inc. today announced that the Company expects its previously announced oil products line to be introduced to adult-use consumers in select Canadian markets starting April 2019.

Supreme Cannabis plans to initially ship oil products to select markets before expanding distribution of its cannabis oil line to additional provinces which is expected by the end of June 2019. Each bottle will contain a proprietary blend of highly-purified cannabis oils and terpenes derived from plants grown by 7ACRES.

"Premium oils require premium cannabis," said Navdeep Dhaliwal, CEO of Supreme Cannabis. "Our formulation will leverage super-critical CO2 technology to produce a high quality, purified cannabis oil which we re-formulate with the naturally occurring cannabis terpenes from our 7ACRES' High-End CannabisTM. The result is a unique, plant-based cannabis oil that carries the award-winning qualities of our flower into an oil product for consumers looking for a premium cannabis oil experience."

Fire & Flower Holdings Corp., today announced stores operating under the Fire & Flower brand in Ottawa and Kingston have received both Retail Operator Licences and Retail Store Authorizations from the Alcohol and Gaming Commission of Ontario (the "AGCO").

The store agreements with Ontario licence holders were previously announced by Fire & Flower on February 19, 2019.
"The store licence holders in Ottawa and Kingston worked closely with Fire & Flower's retail and operations teams to obtain the store licenses and authorizations," shared Trevor Fencott, Chief Executive Officer of Fire & Flower. "This announcement demonstrates Fire & Flower's ability to rapidly open new markets as we expand our brand across Canada."



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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. 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. 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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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.
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New #Cannabis Stocks Added to Investor Ideas; (TSX: $FAF.V) (CSE: $STIL.C) (CSE: $ORCD.C) (CSE: $VREO.C) (CSE: $PUMP.C) (OTC: $NUGL)

New #Cannabis Stocks Added to Investor Ideas; (TSX: $FAF.V) (CSE: $STIL.C) (CSE: $ORCD.C) (CSE: $VREO.C) (CSE: $PUMP.C) (OTC: $NUGL)



Point Roberts, WA, Delta BC – March 22, 2019 – Investorideas.com, a global news source and investor resource covering cannabis and hemp stocks announces this week’s additions to its cannabis /hemp stock directory for investors following the sector.

Investorideas.com tracks cannabis and hemp stocks on the TSX, TSX.V, CSE, OTC, NYSE, NASDAQ, ASX  and global stock exchanges and makes ongoing additions to its stock directories for its follower and members.


New companies added this week are involved in CBD extraction, cannabis retail sales in Canada, THC/CBD cannabis sales in the United States, US multi-state pharmaceutical-grade cannabis extracts sales, a company that has developed an extraction process for the hemp and cannabis industry and a cannabis search app company.

This week’s new Marijuana/Cannabis Stocks Added to the Investor cannabis stock directory:

Fire & Flower Holdings Corp. (TSXV: FAF.V) is a leading independent adult-use cannabis retailer poised to capture significant market share in Canadian provinces that allow private retail. The company provides customers with expertly curated product selection and a best-in-class, education-driven customer experience. Fire & Flower's leadership team combines extensive experience in the legal cannabis industry with deep retail expertise. The company is at the forefront of the new adult-use cannabis industry in Canada.

StillCanna Inc. (CSE:STIL) formerly EVI Global Group Development – is a Canadian early-stage life sciences company, based in Vancouver, British Columbia, that is focused on large scale CBD extraction in Europe. The Company feels its proprietary intellectual property allows it to extract CBD at a lower cost. The Company has signed an initial extraction contract in Europe to be the exclusive extractor for Dragonfly BioSciences LLC, a UK based supplier of CBD. The Company continues to look for other industry acquisitions that will enhance shareholder value.

Orchid Ventures Inc. (CSE:ORCD) is an award-winning cannabis brand with THC and CBD product lines currently sold in 250+ dispensaries across California and Oregon. Orchid plans to expand its brand into new markets such as Nevada, New York, Puerto Rico, Canada and other global markets. With a continued focus on brand and intellectual property development, Orchid will execute strategic acquisitions to solidify an integrated cannabis manufacturing and distribution infrastructure with the goal of becoming a dominant premium cannabis brand in the United States. Orchid's management brings significant branding, product development, manufacturing, and distribution experience with a proven track record of scaling revenues, building value generating partnerships, and creating enterprise value.

Vireo Health International, Inc. (CSE:VREO) is one of America's leading multi-state cannabis companies. Vireo is a physician-led, science-focused organization, dedicated to providing patients with best-in-class quality cannabis-based products and compassionate care. Vireo cultivates cannabis in environmentally-friendly greenhouses, manufactures pharmaceutical-grade cannabis extracts, and sells its products at both company-owned and third-party dispensaries. Vireo has a strong track record of competing for and winning merit-based licensing processes and has been awarded licenses in some of the most selective state-based markets, including Minnesota, New York, Pennsylvania, Maryland and Ohio.

World Class Extractions Inc. (CSE:PUMP) is a Canadian based developer of an innovative extraction process for both the hemp and cannabis industry. The Corporation intends to provide single step continuous flow extraction services to the hemp and cannabis industry. Using patent pending technology, the Corporation’s results produce higher yields and better quality crude hemp oil at faster rates. The technology allows the extraction of CBD Oil and other related extracts from wet or dried natural plants. The Corporation can save its clients floor space, utility drying costs, equipment and processing labour costs.
NUGL Inc. (OTC: NUGLis the world's first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don't sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more. NUGL's flexible web app has no geographic limitations and can rapidly connect cannabis companies, related vertical services and users. The NUGL iOS and Android app brings a powerful cannabis search tool within reach of anyone, anytime, anywhere with the ease of a smartphone.

For investors following the sector Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana / Hemp Stocks. Visit directory.

Investorideas.com global stock directories are part of the membership program on the site, accessed either by login and password or available in PDF format.  The directories include stocks trading on the TSX, OTC, NASDAQ, NYSE and other recognized global stock exchanges, giving retail investors a wide variety of stocks to review. https://www.investorideas.com/membership/

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

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. 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. 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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. More disclaimer and disclosure info: https://www.investorideas.com/About/Disclaimer.asp.
Additional info regarding BC Residents and global Investors: https://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

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Marijuana / Hemp / Cannabis Stocks at Cannabisinvestorideas.com and Investorideas.com
     






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Check out our stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana / Hemp Stocks

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Investorideas.com - #Cannabis Companies Prepare for Legal Sales of Cannabis/Hemp Beverages; (CSE: $POT.C) (OTC: $HIPH) (CSE: $KBEV.C) (TSXV: $ZENA.V)

Investorideas.com - #Cannabis Companies Prepare for Legal Sales of Cannabis/Hemp Beverages; (CSE: $POT.C) (OTC: $HIPH) (CSE: $KBEV.C) (TSXV: $ZENA.V)


Investorideas.com - #Cannabis with a Touch of Sun; Solar Energy takes role in Cannabis Production; (TSX: $VFF.V) (OTC: $SING) (CSE: $HUGE.C) (CSE: $BGRD.C)

Investorideas.com - #Cannabis with a Touch of Sun; Solar Energy takes role in Cannabis Production; (TSX: $VFF.V) (OTC: $SING) (CSE: $HUGE.C) (CSE: $BGRD.C)

Investorideas.com - #Fintech and #Cannabis Combine for 2019; (NASDAQ: $NETE) (OTC: $GOHE) (CSE: $CNNA) (OTC: $REFG)

Investorideas.com - #Fintech and #Cannabis Combine for 2019; (NASDAQ: $NETE) (OTC: $GOHE) (CSE: $CNNA) (OTC: $REFG)

www.investorideas.com - News that inspires big Ideas

Vertically Integrated #Cannabis Companies on Tour: A New Era of Confidence as Regulations Change (OTCQX: $HRVSF) (OTCQX: $MDCL) (CSE: $POT.C) (TSXV: $KHRN.V)

Vertically Integrated #Cannabis Companies on Tour: A New Era of Confidence as Regulations Change (OTCQX: $HRVSF) (OTCQX: $MDCL) (CSE: $POT.C) (TSXV: $KHRN.V)



Point Roberts WA, Delta BC – March 22, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at how companies are expanding their footprint and vertical integrated operations. In parallel, management is on the road, spreading the word about this rapidly expanding sector with a new sense of confidence.

More and more high profile executives from the beverage, pharmaceutical, media and finance sectors are joining cannabis operations and many are using the numerous cannabis/investor events taking place in March and April to discuss their recently closed acquisitions, and how that will impact their companies and the cannabis industry. 


John Cochran, Chief Operating Officer of Harvest Health & Recreation, (CSE: HARV) (OTCQX: HRVSF), will deliver the Welcome Keynote, "Tapping the Beverage Market Boom," at Cannabis Conference 2019, April 1-3, in Las Vegas, Nevada. 

"While alcohol and cannabis differ in many ways, the regulatory framework and consumer trends shed light on the future of the plant in this country and around the world," said Cochran, who is the former CEO of multistate cannabis company Loudpack Inc., former CEO of Pabst Brewing Company, and former President and COO of Fiji Water Company. "I'm excited to share the lessons I've learned after decades at some of the largest beverage and cannabis companies in the world with attendees of Cannabis Conference."

Harvest is a vertically integrated cannabis company with licenses for more than 140 retail, cultivation, manufacturing and distribution facilities across 12 states. In his Keynote, Cochran will also explore Harvest's value chain and frameworks for considering profitable, scalable solutions and the importance of communicating those shifts to investors.

Medicine Man Technologies, Inc. (OTCQX: MDCL), a rapidly growing, vertically integrated cannabis operator, recently announced it will be presenting at the Sidoti & Company, LLC, Spring 2019 Investor Conference being held on March 28, 2019, at the Marriott Marquis in New York City.  Joe Puglise, COO of Medicine Man Technologies will be delivering a corporate overview of the Company on Thursday, March 28, at 8:00AM ET.  

Medicine Man Technologies was recently reported as one of the Top 10 Most Profitable Pot Stocks by EnergyandResourcesDigest.com, with Aphria leading the pack.

"We've announced some recent corporate updates to our Company, including 150%+ year-over-year profitable growth and the pending acquisitions of MedPharm Holdings, LLC, and Medicine Man Denver, which would bring Medicine Man Technologies to an annual run rate of over $40 million," says Medicine Man Technologies CEO, Andy Williams. "Along with our new COO's expertise in scaling up businesses, there are many reasons why we believe this is an exciting time to tell our story to the investment community."

The company is expected to close acquisitions of Medicine Man Denver and MedPharm Holdings, LLC, later this year, which would give the combined company retail, cultivation, extraction, formulation and distribution relationships in 18 states; offer retail pharmaceutical-grade and recreational cannabis products direct to consumers and dispensaries from a GMP-certified facility; and provide turnkey solutions and supplies for cannabis cultivators. MedPharm currently holds patents on a precise-dose packaging product and intellectual property for a water-soluble powdered cannabinoid. The packaging allows for accurately dosed cannabis with optimized delivery using MedPharm’s Lipophilic Enhanced Absorption Formula (L.E.A.F.).

Weekend Unlimited Inc.’s (CSE: POT) (OTCQB: WKULF) CEO, Mr. Paul Chu recently spoke at New York City's CannaGather event on Tuesday, March 20.

Mr. Chu shared the stage with Richard Carleton, the Chief Executive Officer of the Canadian Securities Exchange and Alan Brochstein, the Founder of New Cannabis Ventures.

During his talk, Mr. Chu highlighted: The Company's focus on building a recreational cannabis lifestyle brand that appeals to a wide range of demographics; The appeal of the Company's stock symbol POT; The Company's management experience in building consumer packaged goods brands and why that matters in the cannabis industry; and The Company's offerings across Canada, Jamaica and the United States.

In addition, Mr. Chu provided a preview of the company's brand new look and Weekend-branded products, which he said would be made public on April 10, 2019.

Khiron Life Sciences Corp. (TSXV: KHRN), (OTCQB: KHRNF), a vertically integrated cannabis leader with core operations in Latin America also took advantage of this “March Madness”, having announced that the Company’s President, Chris Naprawa presented and answered questions from participating investors at the second annual LD Micro Virtual Conference on March 13th.

Khiron and Dixie Brands Inc. recently signed a definitive agreement relating to the joint venture called Dixie Khiron JV Corp., 50% owned by each.

By combining Dixie's portfolio of more than 100 cannabis-infused products with Khiron's established footprint throughout Latin America, the companies aim to capture first-mover advantage and establish leadership in the region of 620 million people.

As vertically integrated companies expand their reach into new markets and leverage economies of scale, the story for each company and the sector as a whole becomes more compelling. According to New York-based investment bank Jefferies Group LLC, the global cannabis industry could be worth as much as US$130 billion a decade from now if a wave of legalization sweeps the US, Europe and Latin America.

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
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. 


Cannabis Social Media

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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring Medicine Man Technologies (OTCQX: MDCL) is a paid for service on Investorideas.com – third partyLearn more about costs and our  services https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors:: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

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Bigger is Better: More #Cannabis Facilities Receive Approval for Expanded Production; (TSX: $VFF.TO) (TSX: $FIRE.TO) (CSE: $AGRA.C) (TSXV: $NRTH.V)

Bigger is Better: More #Cannabis Facilities Receive Approval for Expanded Production; (TSX: $VFF.TO) (TSX: $FIRE.TO) (CSE: $AGRA.C) (TSXV: $NRTH.V)



Point Roberts WA, Delta BC – March 22, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the numerous  production facilities that were awaiting Health Canada approval, that are now fully licensed and operational.

As 2019 will be the first full calendar year of legal cannabis sales in Canada, the question of production capacity and cannabis supply is being answered one approval at a time.


Village Farms International, Inc. (TSX:VFF) (NASDAQ: VFFannounced earlier this month that its 50%-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms received from Health Canada the seventh amendment to the cultivation license for its 1.1 million square foot greenhouse in Delta, BC.

This amendment permits Pure Sunfarms to expand its cannabis production area by approximately 206,000 square feet to a total of approximately 1.03 million square feet (16 grow rooms).  With this amendment, the entire growing area at Pure Sunfarms' greenhouse is now licensed for cultivation. The newly licensed area is expected to be planted by the end of March 2019.

Village Farms also announced that Pure Sunfarms has, as planned, commenced re-planting of Quadrant 1 of its greenhouse following the planned suspension of production last autumn to install the infrastructure for supplemental lighting to maximize yields in the winter months. The Company expects Quadrant 1 to be fully planted by the end of April 2019, at which time Pure Sunfarms will be in production on the entire 1.03 million square feet of growing area at its facility, making it one of the largest fully operational cannabis production facilities in the world.

The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) recently announced that its wholly-owned subsidiary, 7ACRES, has obtained Health Canada approval for six additional flowering rooms totaling 60,000 square feet of additional production space at its facility in Kincardine, Ontario.

Total flowering room space at 7ACRES increases from 120,000 sq. ft. to 180,000 sq. ft. and 7ACRES' annual production capacity estimate increases from approximately 17,500kg to 26,250kg. As noted in previous communications, Supreme Cannabis expects that with further production efficiencies following the licensing of all 25 flowering rooms, 7ACRES' potential capacity is anticipated to reach approximately 50,000kg per year by mid-2019.

"Today's announcement is a major milestone which represents a 50% increase in our estimated annual production capacity. With 18 of 25 flowering rooms at 7ACRES now approved by Health Canada, production space at our facility is near the finish line," said John Fowler, President and Founder of Supreme Cannabis. "With our multi-award winning 7ACRES brand now available in 8 out of 10 provinces, we look forward to completing construction of the facility so that cannabis enthusiasts coast-to-coast will be able to enjoy what we believe to be the highest-quality cannabis grown at scale in the country."

AgraFlora Organics International Inc. (CSE: AGRA) (OTC: PUFXF), a growth oriented and diversified international cannabis company recently announced it is acquiring an additional 10% of the shares of Propagation Services Canada Inc. for $14 million payable by common shares of AgraFlora at a price of $0.68 per share, equivalent to 20,588,235 common shares.

"It is important for AgraFlora to continue to have a majority stake in the joint venture company Propagation Services Canada," said Derek Ivany, President and CEO of AgraFlora. "The Delta Greenhouse Complex will become our marquee facility with 2.1 million square feet of greenhouse space and 100,000 square feet in production facilities. Progress on the retrofit continues to be on target and we expect to submit our licensing application video to Health Canada by the end of June."

48North Cannabis Corp. (TSXV:NRTH) recently announced that its wholly-owned subsidiary, Good & Green, a licensed cannabis producer under the Cannabis Act received its Standard Processing License from Health Canada on March 8, 2019.

This is 48North's second Processing License from Health Canada; the Company's first Processing License was granted for its Delshen Therapeutics facility in Kirkland Lake, Ontario. This additional license solidifies 48North's ability to launch next-generation cannabis products for retail sale in the fall of 2019.

Pending Health Canada approval, 48North will be one of the first Licensed Producers in Canada to have an outdoor cannabis farm, expected to produce over 40,000 KG of dried cannabis, from over 3.7 million sq. ft. of cultivation space, at a low-cost. 48North plans on using the majority of this significant production volume for extracted, value-added products.

Reaching production capacity has been an essential marker for numerous cannabis companies, many of which are now reaching that marker as final approvals and construction is completed. We can expect more announcements like these throughout March, April and May, as that is the timeframe many companies have aimed to be fully operational for in preparation for summer cannabis sales.

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

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. 

Cannabis Social Media

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