Wednesday, May 6, 2020

Breaking #CBD and #Biometric #Stock News -Sun Kissed’s (OTCMKTS: $SKDI) Hakuna April Online Sales Surpass Expectations

Breaking #CBD and #Biometric #Stock News -Sun Kissed’s (OTCMKTS: $SKDI) Hakuna April Online Sales Surpass Expectations

Thousands of Units on Back-order for CBD Biometric Sensor Storage Device as Supply Sells-out



NEW YORK, May 6, 2020 (Investorideas.com newswire) – Breaking Cannabis/CBD and Biometric stock news - Sun Kissed Industries Inc. (OTCMKTS:SKDI) (“Sun Kissed”, “SKDI”), an emerging leader in the CBD Food and Beverage marketplace, subsidiary Products Group Inc, DBA/ Hakuna Supply (“Hakuna”) is pleased to announce  April online sales far surpassed the anticipated numbers.



Hakuna’s retail store clientele have increased their orders ahead of the cross country ‘re-opening’, causing a backlog of thousands of CBD Biometric Sensor Storage Devices along with multiple orders across all product lines.

A new affiliate marketing program for Hakuna has been developed with an initial goal of 10-15 on boarded marketers per month. This program rewards marketers for their efforts in increasing Hakuna’s client base. Please visit Hakuna’s website for an application and full program details: https://hakunasupplycbd.com/affiliate-application/

In 2018, content marketing costs were gauged to be 62% of traditional marketing schemes while simultaneously generating three times the leads of traditional methods. According to Bigcommerce.com, the US affiliate market will surpass $6.8 billion this year.

“The new clean room is facilitating the fulfillment of increased online and traditional brick-and-mortar store orders. During the past month we have put the finishing touches on our affiliate market program launching this month. Our new combined marketing could result in over $750,000 in new sales this year,” commented Hakuna CEO, Ilan Freeman. “Plans for festivals, typically during the end of summer and early fall seasons, are further bolstering sales.”

Our team at Sun Kissed is working closely with Hakuna to increase inventory and the number of festivals attended this year. We couldn’t be happier with the results coming in for Q1 and Q2 as well as the outlook for the rest of 2020” concluded Carl Grant, CEO of Sun Kissed.

About Sun Kissed Industries, Inc.
Sun Kissed Industries Inc. (OTCMKTS:SKDI) is an emerging leader in the CBD-based products marketplace. The Company is pursuing meaningful acquisitions as part of an aggressive M&A strategy designed to position Sun Kissed as a dominant player in a well-defined, high-growth niche within the rapidly expanding CBD sector.

FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements, including information about management's view of Sun Kissed Industries Inc.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Sun Kissed, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Sun Kissed’s future results. The forward-looking statements included in this press release are made only as of the date hereof. Sun Kissed cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Sun Kissed undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Sun Kissed.

SOURCE: Sun Kissed Industries Inc.

Paid news Disclaimer/DisclosureInvestorideas.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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions. Disclosure : this news release featuring Sun Kissed Industries Inc. (OTCMKTS:SKDIis a paid for news release on Investorideas.com  https://www.investorideas.com/News-Upload/ More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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Tuesday, May 5, 2020

Investorideas.com - Cannabis Stock News: Spyder (TSXV: SPDR) Announces Licence to Open Cannabis Retail Store in Calgary, Alberta

Investorideas.com - Cannabis Stock News: Spyder (TSXV: SPDR) Announces Licence to Open Cannabis Retail Store in Calgary, Alberta

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 409 - (CSE: $BEV.C) (OTC: $BVNNF) (OTC: $SING) (OTC: $HEMP) (TSX: $RIV.TO)


Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 409 - (CSE: $BEV.C) (OTC: $BVNNF) (OTC: $SING) (OTC: $HEMP) (TSX: $RIV.TO)

Delta, Kelowna, BC, May 5, 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.

Listen to the podcast:




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.

Today’s podcast we will be looking at a few public and private company announcements.

BevCanna Enterprises Inc. (CSE:BEV) (OTC:BVNNFannounced today a licensing arrangement between BevCanna and Keef Brands.

Under the license agreement (the "Agreement") dated April 30, 2020, BevCanna will act as the exclusive licensee and co-packer for the award-winning Keef lines of beverages in Canada. BevCanna will leverage its extensive experience in developing and launching beverages in the Canadian market to maintain responsibility and compliance with Health Canada, as well as all related national sales and distribution efforts.

In addition to BevCanna's role as licensee for Keef in Canada, BevCanna has engaged Keef, via its network of licensed manufacturing partners, to co-pack and distribute BevCanna's cannabis-infused beverage products in the United States.  BevCanna will leverage the extensive Keef manufacturing and distribution network, which includes thousands of licensed dispensaries and delivery services across Colorado, California, Arizona, Nevada, Michigan, Oklahoma, and Puerto Rico. An April 2020 Headset Insights report also found that Keef Brands offers six of the top ten-selling cannabis beverages in Colorado, as well as three of the top ten-selling in California. The Agreement as it relates to Canada, the United States, and other markets is described in further detail below.

"This partnership with Keef Brands is a fantastic opportunity for BevCanna," said John Campbell, Chief Strategy Officer at BevCanna. "Keef's robust U.S. co-pack and distribution network will be a significant asset to BevCanna's expansion plans in the U.S., and BevCanna's expertise in the Canadian infused beverage market will build Keef's Canadian presence. It's a strong combination, with excellent potential for both companies."

Buddi, a Canadian company based in Vancouver, BC, and the Canadian leader in cannabis menu services, announced the release of cannabis click & collect payments and cannabis delivery services in Ontario. The services will be made available Canada-wide as permitted by provincial regulatory bodies.

"The Alcohol and Gaming Commission of Ontario was quick to adjust regulations to allow online payments and delivery in response to COVID-19. We made it our top priority to ensure our existing and new clients can adjust to the new reality, which is that their businesses will begin to rely heavily on online ordering. Online ordering is definitely the new normal." - Ryan Lalonde, CEO of Buddi

Buddi has partnered with payment processing companies Merrco and Moneris, who service a large majority of the Canadian cannabis industry, to allow retailers who are using either payment gateway to utilize Buddi Click & Collect payments. Buddi also partnered with cannabis logistics firm Cannalogic to enable retailers to offer and manage their delivery services.
Buddi Click & Collect menus can be embedded within any website so that retailers can sell directly to their customers without customers having to go to marketplace sites that also promote competitors. The system integrates with leading cannabis POS solutions, such as Cova, Greenline POS, TechPOS, Shopify, and Profitek.

"Many people are surprised to learn that our solutions are free, and it's because of our unique business model that is based on advertising or analytic insights for licensed producers. Ultimately, this allows the solution to be entirely free for retailers, helps them sell more, and leads to them getting better quality products and customer service from their LP vendors - it's a win-win."

SinglePoint Inc. (OTC:SINGannounced starting Q2 with strong numbers and the focus on continued growth. After evaluating reports for Q2, SinglePoint’s Hemp vertical is on track to double sales in its second quarter alongside the launch of 1606 Hemp six-pack counter top display. 1606 Hemp has seen a sales growth rate of 133% this quarter over the previous, a 233% growth in sales up to this point of the month compared from the previous month at the same point.  The company has placed a focus on self-generated in store placement by hiring professional sales representatives to acquire new stores for the sales of our products over the next four weeks. 1606’s goal is to grow by more than 250 retail accounts throughout multiple states.

As the company continues to see success, management believes 1606 Hemp will be able to provide approximately $2,750,000 to $5,500,000 in revenue selling to just 1,000 stores. As the roll out is successful and we achieve 250 accounts in the next four weeks, 1606 Hemp will bring on additional individuals to scale up to as many as 2,500 stores as quickly as possible in order to achieve reorders from 1,000 stores. Management believes the current total addressable market is approximately 125,000 locations or more.

As new accounts have been established, we have received a noticeable increase in reorders and sell-through rates at stores as customers are becoming more familiar with the brand. In the past month, we have been able to grow our social media presence to over 10,000 followers and millions of impressions. The 1606 Hemp website has also had a major lift this month seeing nearly a 40% increase in new users and 33% increase in page views across the site. Users are also spending more time on the site than in previous months, leading to more conversion and engagement for the brand.

1606 Hemp is working to become the leading recognized brand in the combustible hemp market which is the second fastest growing market in the hemp category. The big differentiator for 1606 Hemp is the ability to place a countertop display unit at retailers across the nation. While others are working to dominate the online market, we have a general belief this type of consumable product will continue to be bought in convenience stores, smoke shops and bodegas throughout the nation.

Hemp, Inc. (OTC: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, including the 85,000 square foot multipurpose industrial hemp processing facility on 9 acres in Spring Hope, NC, a 55,000 square foot state-of the art local processing center in White City, Oregon, a 500-acre hemp growing Veteran Village Kins Community in Golden Valley, Arizona, two model “Small Family Hemp Farms” in North Carolina and Arizona, a pre-roll blending manufacturing facility in Las Vegas, NV, and a 5,000 square-foot retail store in Kingman, Arizona, has announced the launch of the King of Hemp™ website where Bruce Perlowin’s King of Hemp™ pre-rolls, made from premium, smokable hemp flower, are available for purchase.

Hemp, Inc. CEO Bruce Perlowin’s King of Hemp™ pre-roll line offers high-end products that are an effective and flavorful, smokable alternative to cigarettes and other hemp consumption methods. The newly launched King of Hemp™ pre-rolls are compliant with the 2018 Farm Bill, federal regulations, and regulations in the markets where they are available for purchase. The King of Hemp™ pre-rolls can be purchased individually or in packs of 6. Each pre-roll is 1 gram and does not exceed 0.3% THC.

King of Hemp™ pre-rolls use A and B hemp colas which are derived from Pre-98 OG Bubba Kush, one of the top selling cultivars on the market. The strain, rich soil and climate lend themselves to these colas being among the highest quality buds, positioning them to be some of the best tasting for consumption.

The Company’s new website for its King of Hemp™ line (www.kingofhempusa.com) also has CBD oil tinctures available for purchase. The tinctures are available in two flavors, Natural and Peppermint, and contain full-spectrum hemp oil extracted from the flowers and leaves of hemp plants sustainably sourced from Colorado. They are also compliant with the regulations created by the Colorado Department of Agriculture in regards to industrial hemp. The tinctures contain .3% or less THC and are compliant with the 2018 Farm Bill.

“The King of Hemp™ pre-rolls were well received during our soft launch and have been lauded as one of the best smokes out there. We crafted them with great care -- from concept to the cola, and now with our official launch,” said Hemp, Inc. CEO Bruce Perlowin. “We really wanted to give this product line the time and respect it needed to be brought to market. I’m very excited for hemp enthusiasts, CBD patients and first-time hemp smokers to enjoy the King of Hemp™ pre-roll line.”

Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOFannounced a C$2 million investment in Dynaleo Inc., an Edmonton-based company focused on white-label manufacturing edible cannabis gummies for the Canadian market. Through this investment in what the Company anticipates may become a leading industrial scale Canadian gummies manufacturer, Canopy Rivers believes it is capitalizing on a significant opportunity in what is currently an underserved and underdeveloped segment of the cannabis market. Once Dynaleo receives the required licencing from Health Canada, it expects to begin operating its 27,000 sq. ft. purpose-built facility with the goal of producing enough gummies to take a sizable bite out of the projected edibles market.

"We believe that Dynaleo is positioned to become a market leader in cannabis edibles manufacturing in Canada," said Narbé Alexandrian, President & CEO, Canopy Rivers. "In the gummies market specifically, we see a significant supply and demand imbalance and a move towards outsourcing products to leading manufacturers. We think Dynaleo's manufacturing capabilities, combined with its capable management team, position it to help close this supply gap in the short term and become a trusted manufacturer of cannabis edibles in the long term."

When Cannabis 2.0 launched in Canada, regulatory uncertainties around the gummy format led many license holders to focus on other edible cannabis formats, with only some licensed producers investing in the infrastructure to produce gummies. As a result of this, initial market observations suggest that the demand for edibles is significantly ahead of supply, with limited product availability and consistently high out-of-stock rates relative to other products.

Headset data from mature U.S. markets, combined with Deloitte's projection that Canada's edibles market could be worth $1.6 billion annually, indicates that there is an opportunity for increased gummy production in Canada. In Colorado and California, Headset reports that gummies were the top selling edible product, accounting for 55% and 56% of edible cannabis sales respectively in 2019. Assuming that Canadians emulate these consumption habits, Canadian licensed producers may not yet have the production capacity or partnerships to fulfill this demand.


And finally, Nevada Governor Steve Sisolak announced on April 30, 2020 that marijuana dispensaries in Las Vegas and throughout Nevada could begin selling their products for curbside pickup beginning on May 1st. Initially, Gov. Sisolak declared marijuana dispensaries essential, but quickly moved to allow home delivery only. Many dispensaries were unprepared to switch to a delivery only model and had remained closed from March 20th until now. There are expectations that wholesale and retail sales will slowly rise as all of the State’s dispensaries reopen for curbside pickup. The recently formed Nevada Cannabis Compliance Board, which will take over regulatory authority from the Department of Taxation on July 1, 2020, is overseeing the dispensary re-openings and their plans for curbside pickup.

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   

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp


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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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions. SING is a paid annual news and social media client on Investorideas.com More disclaimer info:
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#CBD #Stock News: SinglePoint (OTCQB: $SING) Provides Update on 1606 Hemp Sales Initiatives and Brand Growth - Launches First Countertop Display; @_Singlepoint_

#CBD #Stock News: SinglePoint (OTCQB: $SING) Provides Update on 1606 Hemp Sales Initiatives and Brand Growth - Launches First Countertop Display; @_Singlepoint_


Phoenix, Arizona - May 5, 2020 (Investorideas.com Newswire) SinglePoint, Inc. (OTCQB: SING) starts Q2 with strong numbers and the focus on continued growth. After evaluating reports for Q2, SinglePoint's Hemp vertical is on track to double sales in its second quarter alongside the launch of 1606 Hemp six-pack counter top display. 1606 Hemp has seen a sales growth rate of 133% this quarter over the previous, a 233% growth in sales up to this point of the month compared from the previous month at the same point. The company has placed a focus on self-generated in store placement by hiring professional sales representatives to acquire new stores for the sales of our products over the next four weeks. 1606's goal is to grow by more than 250 retail accounts throughout multiple states.



SING: 1606 Hemp Six Pack
"No more Tobacco Cigarettes for me, what a great alternative"
- Ian, 1606 Hemp Customer
As the company continues to see success, management believes 1606 Hemp will be able to provide approximately $2,750,000 to $5,500,000 in revenue selling to just 1,000 stores. As the roll out is successful and we achieve 250 accounts in the next four weeks, 1606 Hemp will bring on additional individuals to scale up to as many as 2,500 stores as quickly as possible in order to achieve reorders from 1,000 stores. Management believes the current total addressable market is approximately 125,000 locations or more.

"I've been trying to get friends and family to make the switch to hemp for years, your product is changing a lot of hearts. Thank you"
- Al, 1606 Hemp Customer
As new accounts have been established, we have received a noticeable increase in reorders and sell-through rates at stores as customers are becoming more familiar with the brand. In the past month, we have been able to grow our social media presence to over 10,000 followers and millions of impressions. The 1606 Hemp website has also had a major lift this month seeing nearly a 40% increase in new users and 33% increase in page views across the site. Users are also spending more time on the site than in previous months, leading to more conversion and engagement for the brand.

1606 Hemp is working to become the leading recognized brand in the combustible hemp market which is the second fastest growing market in the hemp category. The big differentiator for 1606 Hemp is the ability to place a countertop display unit at retailers across the nation. While others are working to dominate the online market, we have a general belief this type of consumable product will continue to be bought in convenience stores, smoke shops and bodegas throughout the nation.

"These have really helped with my nightly routine of winding down and getting a full night's rest. Thanks so much."
- Rebecca, 1606 Hemp Customer
BDS Analytics and Arcview Market Research projects that the collective market for CBD sales in the U.S. will surpass $20 billion by 2024 while New York-based investment bank Cowen & Co, estimates that the market could pull in $15 billion by 2025. The combustible hemp market currently represents approximately 2% of the overall CBD market, but with a 250% growth from 2017 to 2018, Brightfield Group, a Chicago-based cannabis market research firm, identifies dried and combustible hemp flowers as one of the fastest-growing segments of the CBD market. With the passage of the 2018 Farm Bill and the mainstreaming of CBD hemp, the market is growing rapidly. There is a significant need for reliable suppliers with the capacity to move products.

About SinglePoint, Inc.
Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and our sales and marketing expertise. Our portfolio currently includes solar, hemp and technology applications. We are working to grow the company to a multinational brand.

Connect on social media at:
For more information visit: www.SinglePoint.com

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, and including but not limited to the projections concerning the sales of 1606 Hemp and in store placement of 1606 Hemp, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications as well additional complications related to the current Covid 19 Pandemic, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

KEYWORDS: Combustible Hemp, Hemp, Smokable Hemp, Hemp Cigarettes, Hemp CBD, CBD

Corporate Communication
SinglePoint Inc.
888-OTC-SING
investors@SinglePoint.com
SinglePoint.com

SinglePoint (SING) is a featured stock on Investorideas.com

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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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. For Disclosure purposes SinglePoint Inc (OTCQB: SING) is a paid  annual news and social media company on Investorideas.com.  More disclaimer info:
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Friday, May 1, 2020

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 408 – Market Recap


Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 408 – Market Recap



Delta, Kelowna, BC, May 1, 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.

Listen to the podcast:




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.

Today’s podcast we look at the last month’s industry and news trends and what to expect for May.

Online and Delivery:

Over the last month we’ve seen a surge of cannabis sales both in the U.S. and Canada as cannabis companies have been deemed “essential services” during the COVID-19 Pandemic. With increased sales numbers retailers have also had to evolve to the changing landscape now heavily reliant on online sales, curbside pickup and home delivery.

In Canada Fire and Flower has continued to steam ahead as one of the few companies with a robust online presence and an established delivery system while other retail chains have pushed to catch up such as we’ve seen from Choom and High Tide, as well as many others.

In the U.S. we’ve seen a lot of collaboration within the industry between retailers, delivery services and payment solutions companies to acclimate to this new normal and deal with the increased sales. The main examples we’ve seen have been mainly in developed markets such as California and Nevada but newer markets like Massachusetts have also seen steady growth and a move towards online sales, while less developed cannabis markets have been held back due to regulatory standards such as in Main and Washington.

Sanitizer and Safety Gear:

As the COVID-19 Pademic continues we’ve seen a few cannabis companies use this as an opportunity for short term revenue by launching their own hand sanitizers and disinfectant cleaners as well as masks and gloves. Relevium was one of the first into this space with hand sanitizer that had nearly a quarter million in pre-sales their first week and was followed by others with more momentum building. By the end of the month there are now several companies following their approach and even some producing masks, gloves and safety gear for the medical community as well as offering online sales.

CBD Seems Unfazed:

CBD Companies have been reporting increased sales with limited impact from the COVID-19 Pandemic as the vast majority of the companies in this space were already heavily reliant on online marketplaces or white label sales. Both have either maintained or increased over the last month. The only real impact we seem to be seeing is with regards to the EU market which many companies have been focussed on entering which is currently at a stand-still due to the pandemic, though many companies are using this time to obtain licenses and develop online infrastructure.

Psychedelics on the Rise:

Another result of the COVID-19 Pandemic has been increased interest in the field of psychedelic medicine with more cannabis companies such as the Yield Growth Corp. and Hollister Biosciences investing in entry into this space. We’ve also seen the rise of many psychedelic oriented companies such as Champignon Brands and PSYCH announcing their launches with more sure to follow. As we see more of the social and mental impact of self-isolation there may be an opportunity for psychedelic research and medicine to be fast tracked to some form of legalization or decriminalization as more and more lobbyist groups push legislators for change with more and more overwhelming public support.

Product Development:

As many producers look to minimize expenses and increase efficiency we are also seeing many companies use this pandemic as an opportunity for R & D and new product development as we’ve seen a string of announcements on new exciting products to be launched within the next 3 months. This has also been a great opportunity with product testing as cannabis sales have been so steady that no products are sitting on shelves so some companies have used this as an opportunity to collect consumer data and have had several soft launches in different markets.

What’s coming in May?

In May we can expect to start to see more of a gap between retailers adapted to the new online/delivery system and those struggling to catch up as well as with sales numbers coming out in the next few weeks. This will be a great opportunity to track brand traction and get a glimpse into uninhibited consumer sales data.

There are also a string of products expected to launch within the next month, some of which are more next generation products while others are more craft produced premium grade products. Both of which should be watched closely regarding consumer feedback and initial sales numbers, and as most sales are being conducted online this will be fairly easy to track.

One other thing that is having a large impact on the US cannabis industry has been the lack of government assistance of support which has put many companies in oversaturated markets like California at risk. There has been a heavy push towards some sort of cannabis government aide as well as talks of the safe banking initiative being pushed ahead which I would expect to hear more developments on over the next month.

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   

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp


To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
Investorideas.com podcasts are also available on iTunes,  Spotify, Google Play Music, Stitcher, Spreaker,   YouTube via Spreaker,  iHeartradio and Tunein.

Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

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