Investor Ideas #Potcasts #Cannabis News and Stocks on
the Move: Zenabis Global (TSXV: $ZENA.V), Harvest One Cannabis (TSXV: $HVT.V),
American Premium Water (OTC: $HIPH), Canopy Rivers (TSXV: $RIV.V) and
Lifestyle Delivery Systems (CSE: $LDS.C)
Delta,
Kelowna, BC –March 18, 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/03181ZENA-HVT-HIPH-RIV-LDS.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 Zenabis Global Inc. (TSXV:
ZENA) (OTC:ZBISF),
Harvest One Cannabis Inc. (TSXV:
HVT) (OTCQX:
HRVOF), American Premium Water Corporation (OTC:
HIPH), Canopy Rivers Inc. (TSXV:
RIV.V) and Lifestyle Delivery Systems Inc. (CSE:
LDS), (OTCQX:
LDSYF).
Zenabis Global Inc. announced
today that it is now licensed to process and
sell cannabis oil products in Canada. The license enables Zenabis to now sell
cannabis oil produced at its Atholville, New Brunswick facility, one of the
largest indoor cannabis growing facilities in Canada, where Zenabis was already
processing oil. Zenabis expects to market and sell cannabis oil products to its
medical clients and to adult use consumers through supply and distribution
agreements that Zenabis has in place with nine Canadian jurisdictions including
British Columbia, Alberta, Saskatchewan, Quebec, Nova Scotia, New Brunswick,
Manitoba, Prince Edward Island, and the Yukon.
Zenabis expects to have its initial
cannabis oil products available for sale in both the medical and adult use
markets by early Q2, 2019, and will be launching additional formats and
formulations throughout the year.
"This approval provides us with the
ability to serve new and existing customers with an expanded range of adult use
and medical products through new and easy to use consumption methods. This
product category is incredibly important for Zenabis, as it supports our
overall growth and product leadership strategy," said Andrew Grieve, Chief
Executive Officer of Zenabis. "Ingestion of cannabis oil tends to offer a
longer lasting effect than vaping or smoking dried cannabis, providing medical
clients and adult use consumers with a broader set of options in Zenabis
products. We look forward to bringing our cannabis oil products to market and
continuing to innovate and expand our product offerings. In addition, with this
update to our Atholville processing license, we now have the capacity to
develop a variety of additional value-added cannabis oil products, and cannabis
extract products consistent with the proposed amendments to the Cannabis
Regulations that allow for greater product diversity."
Zenabis Global Inc. also
announced its incorporation into the Horizons
Marijuana Life Sciences Index ETF (TSX:
HMMJ).
"Zenabis was one of BlackShire's
first investments and remains a marquee holding of the firm. Led by experienced
founding family operators, Zenabis has the potential for the third largest
production capacity in the world. It is currently serving the Canadian
marketplace, generating revenue with plans to expand internationally. We
believe that as the company becomes better known, investors will better situate
it amongst its market peers" said BlackShire Capital Chairman and CEO,
Kevin Reed.
As the world's first ETF that offers
direct exposure to North American-listed securities involved with cannabis
production, the Horizons Marijuana Life Sciences Index ETF is designed to
provide exposure to the performance of North American publicly listed life
sciences companies with significant business activities in the cannabis
industry.
"The inclusion of Zenabis in the
Horizons ETF showcases the organization's strength, giving it needed exposure
to new investors who want to support its exciting growth plans" added
Reed.
Harvest One Cannabis Inc.,
through it's wholly-owned subsidiary United Greeneries Ltd. today
announced that it has entered into an agreement to
become a medical cannabis supplier to Shoppers Drug Mart.
Under the terms of the agreement, Harvest
One will supply Shoppers Drug Mart with Satipharm branded medical cannabis
products. The products will be sold online, as Canadian regulations restrict
the sale of medical cannabis in retail pharmacies.
This marks the first time that Satipharm
branded cannabis will be available for purchase. Working in conjunction with Shoppers Drug
Mart in an effort to help consumers make specific, educated decisions about
their purchases, Satipharm will be available in a continuum of products, each
colour coded to indicate their place on the progression from the high THC of
SatiWhite™ to the high CBD of SatiPurple™.
At launch, United Greeneries will produce
and ship an Indica variety of SatiSilver™ and a hybrid variety of SatiGreen™.
"We are incredibly proud to be
working with Shoppers Drug Mart to supply them with our premium, indoor grown
cannabis under the Satipharm health and wellness brand" said Grant Froese,
CEO of Harvest One. "We see this supply agreement as a further step
towards fulfilling our vision of being a vertically integrated house of brands
in the cannabis health, wellness, and self-care sector. We continue to expand our capacity to support
our growing brand portfolio which includes our recently announced transaction
with Delivra as well as our existing brands Dream Water, Satipharm, Royal High,
and Captain's Choice" he added.
American Premium Water Corporation announced
that it has an agreement with Hanlons Brewery in England
to produce beer infused with CBD using the Company’s proprietary formulation.
Testing will begin immediately on the combination of the Company’s proprietary
hydro-nano CBD formulation with Hanlons’s beer, with commercial sale to be
determined at a later date.
CEO American Premium Water Corporation, Ryan
Fishoff commented, “I am excited to announce that the Company has entered into
an agreement with Hanlons brewery in the UK. This is a very exciting
partnership that provides numerous possibilities for monetization, and brand
recognition on the European continent. The liquor and beer industry has been
very fascinated with the introduction of CBD into the market, and this
partnership affords us the opportunity to step into the discussion with the
larger players in the market. We’re going to begin experimenting with the
process of combining beer and the CBD formulations immediately. The goal will
be to have a product available for commercial sale as soon as possible. I will
keep shareholders abreast when there are developments on bringing the product
to market.”
Canopy Rivers Inc. and LeafLink,
Inc. announced the
establishment of LeafLink Services International ULC, a new venture that
exclusively licenses and leverages LeafLink’s dominant business-to-business
(B2B) marketplace and supply chain technology platform for deployment
throughout regulated international cannabis markets.
LeafLink is a software-as-a-service
(SaaS) marketplace that simplifies the supply chain through its e-commerce
platform. The company has a growing network of more than 950 cannabis brands,
and penetration throughout ~2,800 cannabis retailers across 16 territories in
the United States. LeafLink has established the single largest B2B marketplace
for cannabis brands and facilitates more than US$900 million in gross
merchandise value annually. Retailers use LeafLink for managing their wholesale
inventory, enabling them to shop multiple vendors in one cart, view up-to-date
product and brand menus, review historical and open orders, discover new
products, and request samples. LeafLink further serves vendors by offering
supplementary tools such as order management, a customer relationship
management (CRM) platform, inventory tracking tools, and customized reporting
systems, among other services.
“We have been very impressed with
LeafLink’s deep market penetration and their understanding of cannabis
companies’ needs and behaviors,” said Narbé Alexandrian, President of Canopy
Rivers. “The number of brands and products within our new cannabis economy has
been explosive, making it difficult for retailers to deal with multiple parties
in an increasingly fragmented market. As regulated cannabis consumption and
distribution proliferates around the world, LeafLink International will
introduce the industry’s leading SaaS-enabled marketplace to the global stage
to create a new standard for expediting the cannabis supply chain in regulated
markets.”
By creating this new joint venture,
Canopy Rivers continues to expand its exposure across the cannabis value chain
through a capital-light, market-leading B2B platform that is immediately
scalable across legal jurisdictions. Canopy Rivers intends to integrate its
network of complementary cannabis companies and global reach to drive growth
for LeafLink International and assist in developing and deploying this
technology as it continues to increase its global footprint.
Lifestyle Delivery Systems Inc. announced that
its subsidiary, CSPA Group, Inc., has delivered its second large batch of
Rêveur live resin to Rise Distribution ("Rise"). Simultaneously with
the second batch delivery, Rise has placed Rêveur in five new stores
bringing the total to 20 stores.
CSPA has received a purchase order from
Rise Distribution for five more strains of Rêveur live resin product. The
Rêveur live resin has successfully passed California State testing and all new
packaging compliance regulations. CSPA Group successfully delivered the new
batch of Rêveur to Rise Distribution on March 13th 2019. Rise
Distribution will quickly restock Rêveur into dispensaries ensuring that
customers have continued access to Rêveur products.
Casey Fenwick, President of LDS, stated,
"The fact that Rise has a need for the second batch of Rêveur product so
quickly shows the product has a demand. Also, CSPA demonstrates that it has a
repeatable process by providing completely different strains, again being able
to pass California's strict testing requirements and comply with the new
packaging laws. CSPA and its process for manufacturing Rêveur can continually
supply California's growing recreational market."
The Company's CEO, Brad Eckenweiler,
stated, "We knew that Rêveur live resin would be a great product because
of where we sourced the starting material coupled with the state-of-the-art
facility we have built over the last three years. Rêveur's success is a product
of the hard work the Company and its licensed subsidiaries have put in. Making
sure its operating subsidiaries have all necessary state/local licensing, as
well as the time spent completing a facility capable of making a product people
repeatedly purchase. With the new ability to grow our own starting material
from seed, extract it, and deliver it straight to consumers' homes, we are
excited for the future of the brand and the Company."
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