Cannabis Stock News- Investing in Cannabis and Hemp Stocks

Monday, August 24, 2020

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 459 (TSXV: $SUGR.V) (TSX: $AVCN.TO) (CSE: $THC.C) (CSE: $CHV.C) (CSE: $TTT.C)

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 459 (TSXV: $SUGR.V) (TSX: $AVCN.TO) (CSE: $THC.C) (CSE: $CHV.C) (CSE: $TTT.C)

Delta, Kelowna, BC, August 24, 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:

https://www.investorideas.com/Audio/Podcasts/2020/082420-StocksToWatch.mp3

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/08241SUGR-AVCN-THC-CHV-TTT.asp

Hear Investor ideas cannabis potcast on iTunes

Hear the investor ideas potcast on Spotify

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.

In today’s podcast we look at a few public and private company announcements.

Sugarbud Craft Growers Corp. (TSXV: SUGR) announced that it has received approval from Health Canada for its amended sales license permitting the sale of dried cannabis products. Sugarbud is now able to directly sell its portfolio of exceptional craft cannabis products to all authorized provincial and territorial distributors/retailers as well as registered medical patients.

"Today's announcement represents yet another pivotal milestone for Sugarbud as we continue to scale up our commercial activities and build overall shareholder value for the Company," stated Sugarbud CEO, John Kondrosky. "Our amended Sales License now gives us the ability to take direct control of our own sales and marketing activities and further accelerate and expand the distribution of our core Craft Cannabis Dried Flower and Pre-Roll products into new target provinces - such as Alberta and British Columbia," continued Mr. Kondrosky.

The Company estimates that less than 30% of all active federally approved license holders possess a sales license permitting the sale of dried cannabis to authorized provincial and territorial distributors/retailers as well as registered medical patients. "Receipt of our amended Sales License is significant and was the result of a successful comprehensive inspection process. It is a testament to our day-to-day operational readiness and unwavering commitment to compliance as much as it is to the hard work, dedication and passion that our employees continue to demonstrate each and every day," concluded Mr. Kondrosky.

Sugarbud products are currently available in the province of Saskatchewan under the terms and conditions of the previously announced licensing and distribution agreement with Agro-Greens Natural Products Ltd.

Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF), a biopharmaceutical company focused on the development, manufacturing and commercialization of plant-derived cannabinoid-based products announced that through its majority owned subsidiary, Santa Marta Golden Hemp S.A.S., the company has completed exports of CBG and CBD isolates into the United States, CBD isolate into Germany and the commencement of a pilot tracking system for the export of its active pharmaceutical ingredient products in partnership with TruTrace Technologies Inc. (CSE: TTT) (OTCQB: TTTSF). The Company also announced that the Colombian Ministry of Justice and Law has granted SMGH a commercial and industrial cultivation quota for 12,264 THC plants by.

The export and sale of the commercial lot of isolated CBG into the United States was completed in parallel with commercial export of isolated CBD into the United States, as well as a pilot export for R&D purposes of CBD into Germany. The cultivation, extraction and purification of these cannabinoids including the rare cannabinoid, CBG, were all completed through Avicanna's vertical integration at SMGH and validate the company's innovation and leadership in natural rare cannabinoid production. The products are part of the Aureus™ product portfolio that now includes feminized seeds and advanced formulations as well as CBD, CBG and THC API products.

"This is another massive accomplishment for our team in Colombia as we enter the largest market in the world for non-psychoactive cannabinoids with our proprietary CBG offering. As the cannabinoid-derived products sector continues to evolve, our Aureus branded portfolio continues to advance in order to cater to the needs of our cosmetics and pharmaceutical partners, which require an innovative, credible, thoroughly-tested, organic, sustainable and economical source of input materials. Additionally, with the support of TruTrace, the Aureus products will be provided with traceability and trackability all the way back to the seed through a secured blockchain system." - Aras Azadian, Chief Executive Officer of Avicanna.

The Colombian Ministry of Justice and Law granted SMGH a supplementary cultivation quota to cultivate 12,264 psychoactive cannabis plants. 11,587 plants will be destined to produce dry flower which will then be used to manufacture psychoactive derivatives for commercial production for export. The remaining 677 plants will be utilized for psychoactive derivatives for the purposes of research and development and pilot production of Avicanna's RHO Phyto™ branded products in Colombia.

Lucas Nosiglia, President of Avicanna LATAM commented: "This achievement took years of characterization, evaluation and planning which will finally allow Avicanna to produce our THC products and export THC derivatives to our international partners. As one of the only companies permitted to produce THC commercially for the global market, we can focus on less competitive and high margin products."

THC BioMed Intl Ltd. (CSE: THC) announced the following updates:

THC BioMed announced that it has received notice from the U.S. Patent and Trademark Office, that it has allowed the patent application for THC's Clone Shipper Constant Illuminated, Tamper-Resistant Plant Container. This is a successful end to the patent application process. The next step will be the Issue Notification Letter to come from the USPTO, which THC expects to receive approximately 3 weeks prior to the official issuance date of the patent.

As noted in the title, this container provides the plant inside it with a constant source of light and helps plants do very well during shipping. The container is also tamper-resistant, which is important for shipping plants such as cannabis clones.

THC has also been focused on product development and sales for "Cannabis 2.0," with edibles and beverages. It has submitted the following new products to Health Canada for the 60-day notice period for new products:

THC BioMed's latest product, THC Kiss Gummies, are tasty gummy candies containing 2.5 mg of THC each. They will come with 4 in a package (10 mg.) The cannabis extract used is from the same proprietary extraction system as that used in THC Kiss beverage shot.

THC is also pleased to announce that a new product, Kiss Water, has been submitted to Health Canada. THC Kiss Water is a refreshing beverage with a slight herbal taste. Each 220 ml beverage contains 3 mg of THC.

THC chocolate has been formulated with the same cannabis extract used is from the same proprietary extraction system as that used in THC Kiss beverage shot and THC Kiss Gummies. The extract is designed to be fast acting and uplifting and to provide a realistic and great-tasting alternative to smoking cannabis.

Canada House Wellness Group Inc. (CSE: CHV) announced today that its wholly owned subsidiary, Abba Medix Corp., has received its amended sales license from Health Canada allowing for the sale of cannabis oil, concentrate, topical and edible products produced from its facility in Pickering, Ontario.

The Company also announced that Abba has entered into an agreement with Organic Extraction Technologies and is currently employing equipment and services sourced from OET to produce solventless cannabis rosin at its Pickering, Ontario facility.

This license amendment allows the Company to further expand its existing product offerings to the medical and recreational consumer markets with internally produced oil, concentrate, extract, topical and edible products. Abba is currently generating full-spectrum concentrates and will continue to work closely with Canada House's wholly owned subsidiary, Canada House Clinics ("CHC"), to expand its portfolio of products to best manage the complex physical and psychological conditions of its medical patient base.

"Receiving our Cannabis 2.0 sales license to allow for the sale of higher margin, internally produced products represents another key milestone on Canada House's path to profitability," said Chris Churchill-Smith, Canada House CEO. "Cannabis oil, rosin, and edibles are in high demand, and we've been developing formulations to address the health and wellness needs specifically as it relates to our Veteran patient base. This license amendment will allow Abba to capture an even greater share of the over $27M per year of medical products purchased by CHC's patients."

"It is a pleasure to work with Abba's terrific team while implementing our technology in their top-notch facility," commented Lindsay Labelle, CEO of Organic Extraction Technologies. "Solventless extraction without chemicals or additives only works with high quality cannabis. Our solventless products will allow us to showcase some of the best flower and trim in the industry. We are excited to bring the great genetics grown by Abba and its partners to market in new full-spectrum formats."

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that 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

Or www.potcasts.ca

Hear Investor ideas cannabis potcast on iTunes

Hear the investor ideas potcast on Spotify

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.

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About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , 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 , Exploring Mining the AI Eye .

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Friday, August 21, 2020

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 458- Interview with Tommy Chong- Legendary Activist, Actor and Comedian; @tommychong

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 458- Interview with Tommy Chong- Legendary Activist, Actor and Comedian; @tommychong

Delta, Kelowna, BC, August 21 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:

https://www.investorideas.com/Audio/Podcasts/2020/082120-StocksToWatch.mp3

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/08211Interview-Tommy-Chong.asp

Hear the investor ideas potcast on Spotify

Hear Investor ideas cannabis potcast on iTunes

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.

In today’s podcast Investorideas interviews a legend within the cannabis space, Tommy Chong, where we discussed his thoughts on the cannabis industry today, where he sees things heading in the future as well as his recent multi-year agreement with Five Point Holdings through its subsidiary Five Point Distribution and Chongson Inc. of California.

Tommy Chong has built up his legendary status within the cannabis community as part of the iconic comedy duo Cheech & Chong. The duo have released a score of comedy albums, movies such as Up in Smoke, Cheech and Chong’s Next Movie and Still Smokin with Chong also having a separate acting career and having a recurring role on That 70’s Show.

Chong may have received fame and celebrity from his comedy and acting career but like any true activist he has also experienced the legal difficulties surrounding cannabis.

In 2003, Chong became caught up in two American investigations, code-named Operation Pipe Dreams and Operation Headhunter, which tried to trace drug traffic and users through businesses selling drug paraphernalia, mostly bongs.

Chong was charged for his part in financing and promoting Chong Glass/Nice Dreams, a company started by his son Paris. His case never went to trial, as his attorney negotiated a plea agreement with the US Attorney for the Western District of Pennsylvania's Office. He admitted to distributing 7,500 bongs and water pipes on the Internet through Nice Dreams, a family company. Chong agreed to plead guilty to one count of conspiracy to distribute drug paraphernalia in exchange for non-prosecution of his wife, Shelby, and his son, Paris. Chong cooperated with the government and was the first of the Operation Pipe Dreams defendants to plead guilty.

These events were among those chronicled in a/k/a Tommy Chong (2006), a documentary by Josh Gilbert. It premiered theatrically at the New York Film Forum in New York City and won awards. His time in prison was also a main point in his book, "The I Chong".

The irony is palpable that the very actions that saw him incarcerated earlier in life are now offering him a booming source of income as Cheech and Chong Glass expands across North America and as his and Cheech’s brand become one of the most sought after endorsements in the industry today.

When asked about this strange turn of events Chong commented, “I’ve been vindicated. I’ve always known that weed was good. When I was growing up I got into body building early, 15 or 16 years old, and with bodybuilding comes a healthy lifestyle and the only substance that anyone would abuse would be marijuana. So I knew early in my life that marijuana was good for you. It was healthy. My attitude was that anything that’s good, whether it’s legal or not, I’m gonna do it and it worked really well on a lot of levels. When it was illegal our movies were underground and we were the outlaws, and same with the records. We changed the whole comedy record business when we made 9 albums and now we’re about to be indicted into the Rock n Roll Hall of Fame. So we went from being these outlaw characters to now one of the foremost brands in the world. It’s been a nice ride.”

Chong then continued to discuss his thoughts on the industry as it stands right now saying, “Right now we’re in the beginning process of everything and so a lot of kinks are being worked out but I’m very happy that it’s legal and above board. Having been incarcerated for bongs, we went rags to riches and right now we’re on the verge of a lot of riches.”

When asked his thoughts on how many today are able to profit from the hard work and sacrifice of the many activists and people like himself he expressed a very beautiful outlook that many grassroots activists hopefully share.

“I was never in that illegal camp. I was never anti-pot and then all of a sudden the money was in there and then I’m pro-pot. I’ve been pro-pot since the beginning back to 1957.”

“Is there any animosity towards the many who were anti-pot and have now changed sides for profitability?”

“No not at all. I always look at people as either you’re turned on you’re not and once you get turned on it doesn’t matter what you were before.”

He continued by comparing this to the song Amazing Grace which was written in 1772 by English poet and Anglican clergyman John Newton. “It was written by a captain of a slave ship. He’d made a living transporting slaves to America and then one voyage he saw the light and wrote a song. So he changed from one of the most evil people on the planet to writing a classic song about redemption. That’s what I see when people flip from being a DEA agent to the head of a marijuana combine. I just see that as Amazing Grace in action. They saw the light and most of this is because the laws themselves were and are themselves racist. Marijuana was never illegal in the earlier days and was always used as a medicine. These laws have always been racist similar to how alcohol prohibition was racist as well. Marijuana prohibition replaced alcohol prohibition when enough French and Italian and Spanish got into power to change the laws but then they needed something else to jump on to be racist, and they grabbed marijuana.”

Discussing how he ended up partnering with Five Point Holdings he commented, “We were approached by a few people earlier, but none were serious enough. If you do anything for money you’re in trouble, but when you do it out of love like we did, well we just waited, and finally our turn came. We weren’t actively looking for anything, we were waiting to be found, and we got found and now Cheech is very happy and so am I. Five Points approached us with a very nice deal and Cheech and I both agreed. We’re gonna be around the world eventually but for now we're starting with San Francisco and Las Angeles. We’re going to be adding our celebrity-ism to this partnership and of course will be focusing on having a good product. If you have a good product, people will drive thousands of miles to get it.”

The company's management team has successfully operated businesses in the regulated cannabis market including retail, manufacturing, cultivation and distribution. This combination galvanizes the company and the Tommy Chong Cannabis brand partnership.

"It's important for me to feel comfortable when I'm putting my name on a product. I trust this team so our partnership is a natural fit" emphasizes Tommy Chong.

This partnership positions the company to be vertically integrated, selling through its own retail locations and distributing the branded flower to other licensed California dispensaries. This model creates the "moat" for the company as described by Warren Buffet.

"Combining Tommy's brand with the company's flagship Cheech and Chong Dispensary brand allows us to maximize resources. This enables the company to focus on scaling and opening new markets in both retail and wholesale" add the company's CEO Jonathan Black. The company expects to have products in the market by the end of 2020

We also asked Chong about his preferred methods of consumption these days to which he commented, “I’m a one toker. One or two tokes and that’s all I need. I also have those THC breathe strips that my wife takes to help her sleep and it helps knock her out for a couple of hours. I love them, but she loves them more than me. I’ve gotten everyone around me hooked on them. I’ve had Sugar Ray Lenord and his wife come biking by my house and they stay outside, because of social distancing, and asking for more strips and I’ve been getting everyone hooked on them. They’re so easy, they melt in your mouth and it even helps your breathe.”

Tommy also went on to discuss his vision of the future for cannabis in which it is accessible globally as well as where he sees things heading.

“It’s going to calm down. Our governments, especially in Canada, are trying to treat it like alcohol and trying to impose a “sin” tax because of it’s bad reputation. But, like I’ve told everybody, you gotta jump through hoops. I was approached by some Irish pot activists and they want me to help with legalization in Ireland. I told them we need very, very rich donors, we need deep pockets. Then we need the right lawyers and the right politician so they can talk with the right people and the Prime Minister and get things moving. Then we need to bring in Dr. Sandra Gupta to talk about the medical benefits of cannabis. That’s how we legalize it. When they legalized it in Colorado I was there and people were lining up outside of the dispensaries and it looked like people waiting to be healed by Jesus. There were in wheelchairs or crutches, MS patients, schizophrenics and all sorts of other people with mental problems or disabilities who needed this medicine to heal. If I were to testify anywhere now I’m gonna say that “marijuana was deemed essential during a pandemic” and what more do you need to know.”

Chong remains optimistic about the industry, a sentiment many investors can relate to in the cannabis sector and finished on a great line saying, “We’ve still got a lot of cleaning up to do and more than anything we need education but these are going to be the jobs of the future, in the weed industry.”

About Five Point Holding

Five Point Holdings Inc. and its entities, is an emerging cannabis company focused on distribution, products and brands operating across the U.S. The Company is actively developing infrastructure to support the proliferation of its assets initially through its acquisition of the exclusive rights in five states to the Cheech and Chong brand. The principals of the company have had multiple successful exits in the cannabis space.

Visit their website here.

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

Or www.potcasts.ca

Hear Investor ideas cannabis potcast on iTunes

Hear the investor ideas potcast on Spotify

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

About Investorideas.com - News that Inspires Big Investing Ideas

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.

Learn more about sponsoring this podcast or be a guest and our other branded content opportunities at Investorideas.com

Download our Mobile App for iPhone and Android

Join our Investor Club https://www.investorideas.com/membership/

Contact Investorideas.com

800 665 0411

Get more Cannabis Stock Investor Ideas – news, articles, podcasts and stock directory

about Investorideas.com

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