Investor
Ideas #Potcasts #Cannabis News and Stocks on the Move: The Flowr Corporation (TSXV: $FLWR.V) (OTC: $FLWPF), Village Farms
International, Inc. (TSX: $VFF.TO) (OTC: $VFFIF) and Canopy Growth (TSX: $WEED.TO)
(NYSE: $CGC)
Delta,
Kelowna, BC –March 1, 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/03011FLWR-FLWPF-VFF-VFFIF-WEED-CGC.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 The Flowr Corporation (TSXV:
FLWR) (OTC:
FLWPF), Village Farms International, Inc. (TSX:VFF) (OTC:
VFFIF) and Canopy Growth (TSX:
WEED) (NYSE:
CGC).
But first, with more than 300,0001
Canadians choosing cannabis for medical treatment and that number only expected
to grow, Great-West Life announced
today it has expanded its coverage of medical
cannabis, including a new agreement with Shoppers Drug Mart Inc. to deliver its
Medical Cannabis Coaching Program.Great-West Life is a leading Canadian
insurer, focused on improving the financial, physical and mental well-being of
Canadians.
"We've expanded our optional medical
cannabis coverage to our Pay-Direct Drug plans which represent the vast
majority of all of our drug plans, to help the financial, physical and mental
well-being of Canadians," says Bobby Currie, Pharmacist and Manager of
Drug Strategy for Great-West Life, noting the insurer has offered medical
cannabis coverage through healthcare spending accounts since 2009.
"Participating plan sponsors will
now be better able to support their plan members who are prescribed medical
cannabis for conditions relating to multiple sclerosis, cancer, HIV or AIDS, or
symptoms related to palliative care, and their plan members will be directed to
Shoppers Drug Mart Inc.'s Medical Cannabis Coaching Program, delivered through
its Ontario-based call centre, to help them navigate strain selection and
administration," she adds.
Since medical cannabis is not available
in retail pharmacies, Currie says the program will coordinate delivery to the
plan member's home and offer case management support via check-ins,
counselling, education and support by phone and e-mail.
The expansion also allows for eligible
plan members in Ontario to have their claim submitted by the Medical Cannabis
Coaching Program using their Pay-Direct Drug cards.
"By processing claims through a
Pay-Direct Drug card, we can offer our plan members the convenience of
immediate reimbursement and the most advanced claim adjudication standards in
the industry," Currie says.
Great-West Life has set rigorous and
comprehensive access controls to help ensure plans remain sustainable,
including pre-determined conditions, a range of annual maximums capped at
$5,000, coverage criteria and eligibility guidelines to help ensure appropriate
use.
The Flowr Corporation, a Canadian
Licensed Producer of premium cannabis products, today
announced the hiring of celebrated Canadian Chef
Ryan Reed to develop signature edible cannabis products for the Flowr brand.
Chef Reed, a past winner of Iron Chef and Chopped and Victoria's 2011 Chef of
the Year, will collaborate closely with Flowr's R&D Team to research and
develop high-quality edibles. Like the brand's existing product, it is the
Company's intention to target the needs of a premium client with this new line.
Flowr expects that customers will be able to purchase these unique, gourmet
products once launched following the anticipated legalization of edibles and
infused products in Q4 2019.
"The hiring of Chef Reed complements
Flowr's already significant investment in research and development," said
Tom Flow, Flowr's Co-CEO. "This includes our dedicated, state-of-the-art
cannabis R&D facility, a North American first, our exclusive partnership
with Hawthorne Gardening Company, a subsidiary of The Scotts Company, a world
leader in lawn and garden products, and the recent hiring of Deron Caplan,
North America's First Cannabis Cultivation Ph.D.," said Flow.
Village Farms International, Inc. announced that
it has entered into an agreement with Nature Crisp LLC to form a joint venture
for the outdoor cultivation of high-CBD hemp and CBD extraction in multiple
states throughout the United States.
The joint venture, Village Fields Hemp ,
will be 65% owned by Village Farms and 35% owned by Nature Crisp. Nature Crisp is a private, Georgia-based
farming operation and part of the Jennings agricultural group of companies,
which grows a diverse range of food and other crops, including hemp, on more
than 6,000 acres in the U.S. and Canada.
"Jennings Group is a pioneer in hemp
cultivation and this joint venture establishes a new powerhouse in hemp
cultivation that significantly advances Village Farms' vertically integrated
CBD strategy," said Michael DeGiglio, Chief Executive Officer, Village
Farms. "As 10th
generation farmers since Gideon (Zanini) Jennings immigrated to South Carolina
in 1736, Jennings Group brings deep knowledge in large-scale field agriculture
across a vast array of crops, with a proven track record of genetic
optimization and innovation. Over the past several years, they have rapidly
become a leading authority on hemp cultivation, renowned for their
understanding of the plant and their success applying their cultural and
genetic expertise to meaningfully improve CBD content and yield. Moreover, the Jennings Group team brings
extensive relationships with the farming community across the U.S., as well as
with geneticists, academics and researchers, that will be invaluable to the
success of this new business."
NEEKA Healthcare Canada and Canopy Growth
announced a press conference to unveil their new transformative
clinical research initiative in partnership with the NHL Alumni Association, a
passionate advocate for improving the health and quality of life for all former
NHL players.
There will be a press conference
featuring Glenn Healy, Executive Director with the NHLAA and former NHL player,
Dr. Amin Kassam from NEEKA Healthcare Canada, and from Canopy Growth, Dr. Mark
Ware, Chief Medical Officer and Hilary Black, Chief Advocacy Officer.
Additional former NHL players will also be in attendance. The conference will
be held tomorrow on March 2, 2019 at 2:45 p.m. EST.
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