Investor Ideas #Potcasts #Cannabis News and Stocks on
the Move: (CSE: $GABY.C), (CSE: $GGB.C) (OTCQB: $GGBXF), (CSE:
$CROP.C) (OTC: $CRXPF), (TSXV: $LIFT.V) (CSE: $TGIF.C)
(OTCQX: $TGIFF)
Delta,
Kelowna, BC –February 21, 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:
Read
this in full at https://www.investorideas.com/news/2019/cannabis-potcasts/02211GABY-GGB-GGBXF-CROP-CRXPF-LIFT-TGIF-TGIFF.asp
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 Gabriella's Kitchen Inc. (CSE: GABY), Green Growth Brands, Inc. (CSE: GGB) (OTCQB: GGBXF), CROP INFRASTRUCTURE CORP. (CSE: CROP) (OTC: CRXPF), Lift & Co. Corp. (TSXV: LIFT) and 1933 Industries Inc. (CSE: TGIF) (OTCQX: TGIFF).
Gabriella's
Kitchen Inc. announced it has entered into a supply agreement to
purchase CBD extract, including full spectrum, high grade cannabidiol ,
distillate oil and isolate crystals from Xtract Xperts, the largest producer of
hemp in the state of Oregon.
"As
a wellness company, GABY determined a year and a half ago that we needed to
incorporate hemp-derived CBD and other cannabinoids into our product strategy
because of the powerful wellness properties associated with the plant,"
said Margot Micallef, Founder & CEO of GABY. "We have been deeply
immersed in research and product development since that time and sourcing high
quality, reliable CBD is fundamental to our successful execution of this
strategy."
The
demand for CBD and products containing CBD has dramatically expanded following
removal of CBD from Schedule I of the Controlled Substances Act in the U.S. on
December 11, 2018, under the Agriculture Improvement Act of 2018 (the
"2018 Farm Bill"). With
rapidly increasing knowledge and awareness about its positive health impacts,
mainstream consumers are increasingly seeking to realize the benefit of
wellness properties associated with CBD and other cannabinoids derived from
hemp. A December 2018 Hemp Business
Journal article written by Sean Murphy and others, estimates that, in leading
all hemp product categories, the hemp-derived CBD market will grow from a $390
million-dollar market in 2018, to a $1.3 billion market (3.3x) by 2022,
representing a 27.2% 5-year CAGR.
On
December 10, 2018, the day before the Farm Bill was signed into law, Bethany
Gomez, Director of Research at the cannabis and CBD market research
organization, Brightfield Group, was quoted in a Rolling Stone article
-stating, "This is a watershed moment for CBD in the United States. With hemp and all of its derivatives
officially removed from the Controlled Substances Act, CBD moves from a legal
gray area into the light." She
continued, "…this shift will allow for CBD to make its way to the shelves
of larger scale, mainstream distribution channels and pave the way for …
mainstream consumer packaged goods companies in industries like drinks, beauty,
pet, skin care and tobacco to develop CBD products and capitalize on this
emerging industry."
In
a statement, Ms. Micallef agreed with Ms. Gomez saying, "GABY's confidence
in the explosive future potential of the CBD market led us to immediately
recognize the importance of securing a supply of high-quality CBD to ensure we
can successfully execute our strategy of developing new and desired products
for consumers that incorporate hemp-derived CBD and other cannabinoids."
Green
Growth Brands, Inc. announced the opening of two new Seventh Sense CBD
shops, located in Glenbrook Square, Fort Wayne, Indiana and in Hamilton Place,
Chattanooga, Tennessee. These new shops represent the next step in Green Growth
Brands' plan to dominate CBD retailing and planned network of hundreds of shops
designed to serve customers across the United States.
Earlier
this month, Green Growth Brands announced the opening of its first Seventh
Sense CBD Shop at the Fayette Mall in Lexington, Kentucky and the launch of its
eCommerce website ShopSeventhSense.com.
"We
know that the stickiest customers come from in-store experiences," said
Peter Horvath, CEO of Green Growth Brands. "In our growing network of
shops, we are committed to providing compelling assortments of products that
encourage our customers to explore. Early results have seen Seventh Sense
products selling though at three-times the typical performance of personal care
products, accomplished with never-seen-before brands and zero marketing beyond
point of sale. We could not be happier with the way the brand and the network
are growing."
CROP INFRASTRUCTURE CORP. announced today it has signed an agreement
with Antler Retail Inc., whereby Hempire and CROP will provide Antler with
finished packaged goods under
the Antler brand.
Antler
recently acquired an approved permit for a cannabis retail location with state
wide delivery rights in California. Its US retail location will be in Desert
Hot Springs and it has plans to take advantage of the now expanded state-wide
nature of its delivery rights. This licence gives Antler the freedom to address
a much larger market place without the immense potential overhead of many brick
and mortar operations.
CROP
and Hempire will provide Antler its home-made brand outside of what Antler
anticipates offering from separate self-branded cultivators from all over
California. As Antler moves into additional US states, the supply agreement
will be amended to bring the Antler Home brand to each State Antler enters.
Payment
for the initial order will be converted to shares in Antler Retail at CAD$0.20
per unit by issuance of 1.5 million units with each unit consisting of one
common share and one common share purchase warrant at CAD$0.75 exercisable for
a period of 12 months.
CROP
CEO, Michael Yorke, stated: "We believe it is a prudent move for our
company to convert our finished products into shares of Antler retail. We see
this as an opportunity to not only assist Antler in entering additional states,
but also as a big step forward in further establishing CROP's retail presence
in a key market, while making what we believe will be a very sound
investment."
Lift
& Co. Corp. announced the first step of its international
expansion by selecting Berlin as the beachhead entry into the European market
through a newly announced Lift & Co. Cannabis Business Conference Europe
("LCBC Europe"). Happening September 5-6, 2019 at the Berlin Congress
Centre, the inaugural LCBC Europe leverages Lift & Co.'s established role
as the trusted authority in the Canadian cannabis industry to bring European
and Canadian stakeholders together under its banner event series.
"After
extensive assessment we determined that the European market lacks an
authoritative connection between Canada's leaders and emerging local players.
Today's announcement is the first step of our platform expansion into the
regulated European cannabis industry where we see further opportunities in
consumer education and analytics," said Matei Olaru, CEO, Lift & Co.
"LCBC Europe not only lays tracks to position Lift & Co. as a leader
in the global CPG-like cannabis industry, but brings additional diversified
revenue streams to our shareholders. We expect that with each new market the
Company penetrates, our investors will be rewarded with accelerated growth that
builds into our unique and well-established value proposition."
The
Company's annual business conferences in Toronto and Vancouver are perpetually
sold out, must-attend events that attract the who's-who of the cannabis
industry. The most recent LCBC Vancouver this past January broke previous
attendance records by drawing more than 700 delegates and was described by The
Province as "…a diverse and comprehensive look at the cannabis space, with
representatives and industry experts converging to educate and
inspire,
sharing insights and experiences into the nation's leading market."i
1933
Industries Inc., a licensed cultivator and producer of cannabis flower and
concentrates and manufacturer of hemp-derived CBD wellness products, announced that it will be participating at the WOW
Creations Celebrity Gift Lounge ("Gift Lounge") taking place on
February 22nd 2019, ahead of the 91st Academy Awards.
Catering
to all Oscar Nominees, presenters, A-Lister celebrities and industry
influencers, the Gift Lounge has become a sought after venue for companies
seeking to promote their innovative brands and products during the week of the
most prestigious awards ceremony in the film industry.
1933
Industries' subsidiary, Infused MFG., manufacturer of the Canna Hemp™ line of
hemp-derived CBD health and wellness products, will be gifting its CBD Relief
Cream and CBD Elixirs at the event which takes place at the W Hotel in Beverly
Hills, California.
"We look forward to introducing our
products to a celebrity audience during the week of the Academy Awards,"
said Mr. Chris Rebentisch, USA Chief Operations Officer.
"Our goal is to create awareness and build a connection to our Canna Hemp™
brand while educating and promoting the many benefits of cannabinoids".
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