Friday, April 14, 2023

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move: (NASDAQ: $TLRY), #Germany and #NovaScotia

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move: (NASDAQ: $TLRY), #Germany and #NovaScotia

 


Delta, Kelowna, BC, April 14, 2023 (Investorideas.com Newswire), investorideas.com,  a global news source covering leading sectors including marijuana and hemp stocks and its potcast site  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/2023/041423-Cannabis.mp3

 

Read this in full at https://www.investorideas.com/news/2023/cannabis-potcasts/04141TLRY-Germany-Nova-Scotia.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

 

Today’s podcast overview/transcript:

 

In today’s podcast we go over a quick industry announcement, Germany”s revised cannabis plan, news out of Nova Scotia regarding medical coverage, and THC potency.

 

Tilray Brands, Inc. (Nasdaq: TLRY) (TSX: TLRY), reported its financial results for the third fiscal quarter ended February 28, 2023 earlier this week as well as announcing that it has entered into a definitive agreement to acquire HEXO Corp. (NASDAQ: HEXO) (TSX: HEXO) for an aggregate purchase price of approximately US$56 million, to be satisfied through the issuance of 0.4352 of Tilray Common Stock for each outstanding HEXO share. The acquisition, which is structured as an arrangement under applicable Canadian laws, builds on the successful strategic alliance between the two companies and positions Tilray for continued strong growth and market leadership in Canada, the largest federally legal cannabis market in the world.

 

The completion of the Arrangement is subject to customary and negotiated closing conditions, including HEXO shareholder approval and court approval, and is expected to close in June 2023.

 

Irwin D. Simon, Tilray Brands’ Chairman and Chief Executive Officer, stated, “During the quarter, we continued to focus on our highest priorities: sustaining and growing the top-line across core markets and geographies while optimizing the platform to achieve positive free cash flow on an accelerated timeline. We are executing on both fronts and delivered revenue growth despite challenging market dynamics across Canada, Europe, and the U.S, as well as our 16th consecutive quarter of positive adjusted EBITDA.”

 

Mr. Simon continued, “Looking ahead, we are focused on being the leading, most diversified cannabis lifestyle and CPG company in the world. Our strategy to deliver on this vision is centered on pursuing targeted growth opportunities, as reflected in our opportunistic acquisitions of both Montauk Brewing Company and HEXO, which has made significant strides in driving operating efficiency and improving profitability while continuing to invest in industry-leading brands. We are incredibly excited about our combined prospects moving forward with HEXO and expect a seamless integration of HEXO’s business into our efficient, built-to-last platform. At the same time, we will continue our relentless focus on cost and operational efficiencies and strengthening our industry-leading balance sheet to deliver sustained, profitable growth and shareholder value.”

 

In news out of Germany, its government recently presented, what many have viewed as scaled-back plans to liberalise the country's rules on cannabis, including decriminalising possession of limited amounts and allowing members of nonprofit "cannabis clubs" to buy marijuana for recreational purposes.

 

The German government revised the plan following talks with the European Union's executive commission. Agriculture Minister Cem Ozdemir said EU law "sets us limits we must respect, but that I will also say we are pushing."

 

Lauterbach had cautioned all along that the government would only proceed with its original plan if it got the green light from the EU.

 

The proposed system would let German residents 18 and older join nonprofit "cannabis clubs" with a maximum of 500 members each, which would be allowed to grow cannabis for members' personal consumption. Individuals would be allowed to buy up to 25 grams per day, or up to 50 grams per month -- a figure that would be limited to 30 grams for adults under age 21.

 

Membership in multiple clubs wouldn't be allowed, and authorities could limit the number of clubs. The clubs' costs would be covered by membership fees, which would be staggered according to how much cannabis the members use.

 

The health minister argued that Germany's existing policies have failed. He said the government's aim is to offer greater safety, protect consumers against contaminated and toxic products, and reduce drug-related crime.

 

"We are not creating a problem," Lauterbach insisted. "We are trying to solve a problem."

 

He reiterated that Germany doesn't want to emulate the model of the neighbouring Netherlands, which combines decriminalisation with little market regulation.

 

The cannabis plan is one of several social reform projects that German Chancellor Olaf Scholz's socially liberal three-party governing coalition agreed to embark on when it took office in December 2021.

 

As reported in the Star, out of Nova Scotia, Canada a six-year-old girl and her parents were at the Nova Scotia legislature Tuesday to lobby for the province to cover the cost of using cannabis oil to treat her seizures.

 

Kaylee and Nick Jones and their daughter Sophie were at the house of assembly to present a petition with 1,368 signatures in support of Nova Scotia covering the cost of CBD-based medicines for children with life-threatening conditions.

 

The little girl was born with a rare chromosome abnormality that causes epilepsy, ataxia, migraines, anxiety and low muscle tone.

 

Kaylee Jones, 29, says the family spends about $400 a month on the CBD oil — which she says has helped reduce her daughter’s seizures dramatically compared to conventional medications.

 

The mother said the money going to pay for the cannabis oil — which is known as Charlotte’s Angel and is produced by Nova Scotia-based Aqualitas — is roughly equivalent to the mortgage payment on their home.

 

“We’ve been sacrificing a lot of time and effort to fundraise,“ said Kaylee Jones. ”If we could have a solution, we wouldn’t have to worry about it. It would be a big financial burden off our shoulders and others.“

 

“I know that others are going into debt for this,“ she added. ”I think the government really needs to look at it.”

 

Researchers at Toronto’s Hospital for Sick Children in 2018 reported reductions in seizures of children with Dravet syndrome, a rare genetic form of epilepsy, who received CBD oil with a small amount of THC.

 

Nova Scotia Health Minister Michelle Thompson says her department is awaiting the results of a review by Health Canada before approving funding of the medicine.

 

She said during an interview that while she’s aware there is “real-life evidence that emerges,” the department must take a standardised approach to approving medicines for funding.

 

“I think it’s important we have a consistent way in which we add things to the formulary and there is a very rigorous process. We have a responsibility to ensure the things we cover are evidence-based. We want to continue to follow that process,” she said.

 

Thompson said that if Health Canada provides an approval, “we’ll reconsider then.”

 

Kaylee Jones said Sophie’s previous regime of anti-seizure medications had negative side-effects that led to regular hospital visits in the first three years of her life. The CBD-based medicines have controlled the frequency and duration of her seizures, she said, to the point where she no longer needs trips by ambulance and has fewer migraines, less anxiety and more mobility.

 

Lastly, multiple news outlets have cited a recent study regarding THC potency conducted by researchers at the University of Northern Colorado which tested samples of cannabis sold at several Colorado dispensaries. Overall, they found that the product labels promised a potency higher than what was actually in the bags.

 

“I don’t believe what’s on the label,” said Mit McGlaughlin, one of the authors of the study and a professor of biological sciences at the University of Northern Colorado. “We just don’t have enough information for consumers about whether or not you can trust what’s being produced.”

 

To conduct the study, researchers bought 23 different samples of cannabis flowers from 10 dispensaries in Denver, Fort Collins and Garden City, Colo. They tested each sample to measure the concentration of THC, which stands for Delta-9-tetrahydrocannabinol.

In 18 of the 23 samples, which carried names including Sour Amnesia, Danky Kong and Colombian Gold ’72, the researchers found levels of potency below what was listed on the labels. Depending on the bag tested, some products contained 40 to 50 percent less THC than the labels promised. The amount of THC detected in the lab was, on average, 23 percent lower than the amount listed on the bags of cannabis.

 

“These results make clear that consumers are often purchasing cannabis that has a much lower THC potency than is advertised,” the authors of the study concluded.

 

It has been suggested by some researchers that there is not enough oversight of the dose of THC a person might get when buying marijuana, whether it is to be smoked, vaped or eaten. One reason for the lack of oversight is that cannabis remains illegal under federal law, meaning that standards related to retail and medical use vary by state.

 

“We have a hodgepodge of rules and regulations within each state,” said McGlaughlin. “It’s really hard to have to do that on a state-by-state basis.”

 

While this story is nothing new to the industry which has had issues with products being accurately labelled, even in Canada where there are federal guidelines or even in the medical market with regards to oils and tinctures, the problem does work to delegitimize the industry as a whole.

 

This also raises an interesting question regarding how THC works on the consumer as many early news stories and continued narratives surrounding the cannabis industry are focussed on the dangers of high THC cannabis.

 

If the THC was all lower than suggested, were these supposed “green outs” accurately reported and have the dangers surrounding high THC cannabis been misreported?

 

Many within the industry have discussed the “entourage effect” which is how THC, CBD and indeed all of the cannabinoids work together in tandem with the overall terpene content is what effects the overall “high” much more so than THC alone.

 

When discussing cannabis from a layman's perspective THC is often front and centre of every conversation.

 

Too much THC is dangerous, (supposedly).

 

Hemp with any traces of THC, isn’t considered hemp.

 

THC gets you “high”.

 

But in reality THC is just one of many components that create the overall effect from cannabis, both for the medicinal benefits and the overall psychotropic effect.

 

Many experts who work with the plant know that comparing cannabis to alcohol makes little to no sense when considering the overall effect created from the plant, how the plant can be utilised as a medicine, how the plant can be utilised as a textile, or how to regulate the plant. THC content is not similar to alcohol content, the same goes for how it is stored in our system.

 

Until regulators, consumers and media outlets wake up to this reality we will continue to see propaganda regarding either the dangers or the benefits of THC which unfortunately distracts from the amazing plant science being conducted on a massive scale. Cannabis affects the mind and body in a fundamentally different way than alcohol and so when we look at major steps the industry needs to take to evolve, moving away from the THC based model of advertising, consuming, growing and regulating is a necessary step.

 

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.

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio ,  Google Podcasts and most audio platforms available.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research , guest posts and original  articles and podcasts in leading stock sectors.  Learn about investing in stocks and get  investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.     

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. 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

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.

Monday, April 3, 2023

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move: (TSX: $LABS.TO), KIva Confections, NBA and Sequire Cannabis and Psychedelics Conference

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move: (TSX: $LABS.TO), KIva Confections, NBA and Sequire Cannabis and Psychedelics Conference

 


Delta, Kelowna, BC, April 3, 2023 (Investorideas.com Newswire), investorideas.com,  a global news source covering leading sectors including marijuana and hemp stocks and its potcast site  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/2023/040323-Cannabis.mp3

 

Read this in full at https://www.investorideas.com/news/2023/cannabis-potcasts/04031LABS-Kiva-NBA-Sequire-Psychedelics.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

 

Today’s podcast overview/transcript:

 

In today’s podcast we go over a few industry announcements, changes to NBA drug testing policy as well as upcoming events.

 

MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) and VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIFannounced the completion of the previously announced plan of arrangement under section 192 of the Canada Business Corporations Act, pursuant to which MediPharm has acquired all of the issued and outstanding common shares of VIVO in an all-equity business combination transaction effective April 1, 2023. The Arrangement combines two highly complementary businesses, creating a unique and market differentiating international medical cannabis leader.

 

Key Transaction Highlights:

       Leading Pharmaceutical Cannabis Company: The acquisition of VIVO will add: established Australian and German medical cannabis brand Beacon Medical; an industry-leading medical cannabis clinic business Harvest Medicine; and a longstanding Canadian medical sales platform Canna Farms Medical.

       Direct to Patient Sales:(1)(3) Canna Farms was the first Licensed Producer in British Columbia, and its medical sales channel, Canna Farms Medical, has supported over 60,000 patients since 2014.(6) Following the Arrangement, it is anticipated that this platform will provide patients with a more diverse product portfolio that includes existing MediPharm products. Direct to patient sales generally result in a better gross margin with the ability to bypass provincial distributors. VIVO's clinic business Harvest Medicine will allow real-time product feedback and clinical insights on MediPharm products.

       Diversified Revenue Profile with Strong Canadian Base: (1)(3) The pro-forma combined company resulting from the Arrangement (the "Combined Company") is expected to provide fulsome Canadian market coverage with cultivation and manufacturing expertise, and a full suite of dried flower & derivative products with both established medical and adult-use wellness distribution channels.

       Expanding International Medical Cannabis Opportunity:(1)(2)(3)(4) The pro-forma Combined Company's international distribution will cover European and Asia-Pacific markets through established, revenue-generating agreements. The VIVO Napanee Ontario facility is EU-GMP certified for cultivating and packaging flower and the MediPharm Barrie Ontario facility is GMP certified for non-flower alternative format medical products. With two distinct international platforms, the pro-forma Combined Company is expected to open many new product offerings for existing distribution channels and geographies. The pro-forma Combined Company would have annualized international revenue of over $20M, representing approximately 40% of total revenues.(5)

       Revenue and Cost Synergies Realizable in the Near-Term:(1)(2)(3)(4) Using forecasts derived collaboratively by both management teams, along with revenue and cost synergy estimates, the pro-forma Combined Company aims to find positive EBITDA(6) synergies to the magnitude of between $7M to $9M on an annualized basis, and could reach positive EBITDA and cash flow in the first half of 2024.

       Balance Sheet Strength:(1)(2)(3)(4) Anticipated combined cash position of approximately $26 million (as reported December 31, 2022) and unencumbered ownership of all major assets. This strength is expected to provide confidence in the Combined Company's balance sheet to execute on its strategic growth roadmap, despite the macro backdrop of capital markets that continue to soften.

       Ownership Ratio Finalized: The Combined Company is owned approximately 73.1% by former MediPharm shareholders and approximately 26.9% by former VIVO shareholders.

 

"We are very excited to be starting a new chapter in the evolution of MediPharm Labs. VIVO is a strong cultural fit, and a great strategic fit. Together the two organizations have a much clearer path to profitability. I want to welcome all the VIVO employees and thank the teams on both sides that worked over many months to help bring us together," said David Pidduck, Chief Executive Officer of MediPharm.

 

"Our entire team has been working long and hard to achieve our goals of growth and profitability and this deal is a manifestation of that hard work. I cannot thank the team enough," said Ray Laflamme, Chief Executive Officer of VIVO. "Canna Farms and VIVO have been huge parts of my life and our team's lives for the past ten years. Personally, I am proud to be part of the cannabis industry, and I am proud that our company and our leadership are being recognized and validated by MediPharm's desire to merge with us. We are very proud of VIVO and the amazing new company that we will create with MediPharm."

 

As a result of the Arrangement, VIVO has become a wholly-owned subsidiary of MediPharm, and the VIVO Shares are anticipated to be de-listed from the Toronto Stock Exchange on or about April 4, 2023.

 

Kiva Confections, California's market leader in premium, award-winning cannabis edibles, recently announced a partnership with iconic burger chain Fatburger for this coming 4/20 holiday to release a limited edition cannabis-infused Kiva x Fatburger Ketchup. The first-of-its-kind Cannabis Ketchup, available for a limited time only beginning April 6th at participating Artist Tree and Sweet Flower Los Angeles locations, encourages consumers to heighten their favourite munchies, Fatburger's famous burgers and french fries, while furthering Kiva's mission to continue the conversation around cannabis normalisation in California and beyond.

 

The partnership between the two nationally recognized brands supports the increased interest around cannabis as it continues to be integrated into consumers' daily lifestyles. Currently, recreational cannabis sales continue to grow in over 20 states across the U.S., and the number of cannabis users in the country is predicted to reach nearly 71 million users by 2030.

 

"As the market leader in cannabis edibles, we're thrilled to continue pioneering innovative, yet everyday products that pave the way for cannabis normalisation," commented Kristi Palmer, Co-Founder of Kiva Confections. "We can't think of a better partner for this than our favourite West Coast burger chain. Though the partnership may seem unconventional, Fatburger and Kiva are both California-founded and beloved institutions. What better way for cannabis fans to celebrate 420 than with a delicious, elevated munchies meal - and for the cannacurious to take their first dip into cannabis one fry at a time."

 

Kiva x Fatburger Ketchup will feature 10mg of THC per packet, making it the ultimate "condiment" for all of your Fatburger made-to-order burgers and fries ahead of the popular 4/20 holiday.

 

"Every year, we look to bring our own special flavour to the 4/20 holiday," said Taylor Fischer, Vice President of Marketing for Fatburger. "Kiva was the perfect fit from a collaboration standpoint as they not only have an incredibly strong California fan base like Fatburger, but the quality of their edibles is unmatched in the cannabis space, similar to how we are viewed in the burger industry. Our special sauce will be sure to take the munchie game to a higher level."

Kiva x Fatburger Infused Ketchup will be available for purchase for a limited time only at select Artist Tree and Sweet Flower Los Angeles locations beginning April 6th, retailing at $5 while supplies last. For more information on the partnership, Kiva x Fatburger Ketchup, upcoming special Kiva x Fatburger events and more, visit kivaconfections.comfatburger.com, or visit the brands on Instagram @madebykiva and @fatburger.

 

In recent news, The NBA will no longer be testing for cannabis, according to a tentative deal between the league and the National Basketball Players Association.

 

The two sides announced the collective bargaining agreement, which still needs to be ratified before it becomes official, on Saturday morning, according to The Athletic.

 

If the CBA is ratified by the players and team governors, the seven-year deal would include a stipulation that cannabis will be removed from the drug testing program and NBA players will no longer be penalised for its use.

 

In a statement posted to Twitter, the National Basketball Players Association said: "Specific details will be made available once a term sheet is finalised."

 

"Since day one, the goal of the NBPA in this negotiation was to protect our players, enrich their lives on and off the court, and establish a framework that recognizes our players as true partners with the governors in both the NBA and the business world at large!" NBPA executive director Tamika Tremaglio said in a tweet.

 

Amid the pandemic, the NBA announced in late 2021 that it would no longer randomly test players for marijuana use after suspending testing in March 2020. At the time, NBA spokesman Mike Bass said the league would instead "focus our random testing program on performance-enhancing products and drugs of abuse."

 

Some NBA athletes – including Hall of Famers Kareem Abdul-Jabbar and Allen Iverson – have been open about their own cannabis use and advocated for cannabis legalisation as have athletes from other leagues, like the NFL, MLB and UFC.

 

Finally, in upcoming events, the Sequire Cannabis & Psychedelics Conference, a free virtual event, will be hosted on Wednesday, April 5 from 10 am to 4 pm ET. It’s gonna be a trip, featuring speakers from the industry’s top companies in the cannabis, CBD, and psychedelic space alongside keynotes and more. Register today to hear more about an industry expected to reach $72 billion annually by 2030. Companies attending will be Numinus Wellness Inc. (TSX: NUMI), Red Light Holland (OTC: TRUFF), Mindset Pharma (CSE: MSETNextleaf Solutions (CSE: OILS), Clever Leaves (NASDAQ: CLVR), High Tide Inc. (NASDAQ: HITI) and Silo Pharma (NASDAQ: SILO).

 

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.

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio ,  Google Podcasts and most audio platforms available.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research , guest posts and original  articles and podcasts in leading stock sectors.  Learn about investing in stocks and get  investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.     

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. 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

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.