Investor Ideas #Potcasts #Cannabis News and Stocks on
the Move: EMPOWER (CSE: $EPW.C), CannaOne (CSE: $CNNA.C), Zenabis (TSXV: $ZENA.V),
3 Sixty (CSE: $SAFE.C), Harvest One (TSX-V: $HVT.V) (OTCQX: $HRVOF), NexTech
(OTCQB: $NEXCF) (CSE: $NTAR.C), Canopy Growth (TSX: $WEED.TO) (NYSE: $CGC)
and Tilray (NASDAQ: $TLRY)
Delta,
Kelowna, BC –March 19, 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/03191EPW-CNNA-ZENA-SAFE-HVT-HRVOF-NEXCF-NTAR-WEED-CGC-TLRY.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 EMPOWER CLINICS INC. (CSE: EPW), CannaOne
Technologies (CSE: CNNA), Zenabis Global Inc. (TSXV: ZENA), 3 Sixty Risk Solutions Ltd. (CSE: SAFE), Harvest One Cannabis Inc. (TSX-V: HVT) (OTCQX: HRVOF), NexTech AR Solutions (OTCQB: NEXCF) (CSE: NTAR), Canopy Growth Corporation (TSX:
WEED) (NYSE:
CGC) and
Tilray, Inc., (NASDAQ:
TLRY).
EMPOWER
CLINICS INC., a growth oriented and diversified medical cannabis company, provided an update on recent activities by the technical
teams at Empower and Canntop AI Inc., a subsidiary of Datametrex AI Limited to
develop a deeper understanding of patient awareness of cannabis-based treatment
options and ongoing effectiveness of treatment programs.
The
Company has provided select SEO terms and phrases for use in Canntop's
artificial intelligence platform, targeting two key company markets, Portland,
OR and Phoenix, AZ, to gain actionable insights on how consumer social data is
generating interest in CBD-based products, alternative pain management options
and the use of cannabis-based therapies.
"Insights
derived from AI are beginning to demonstrate how patients in our key markets
are talking about or describing their experience and ideas related to
cannabis/CBD-based treatments, and even suggesting recommendations about
alternative therapies and their effectiveness in treating a wide array of
qualifying conditions," stated Steven McAuley, Empower's Chief Executive
Officer.
"We
believe the outcomes of our AI efforts, if successful, could position the
Company as an educational leader and we plan to collaborate with the industry
with the ultimate goal of improving patient care," said Mr. McAuley.
"Canntop's powerful AI tools are helping us analyze the substantial
amounts of data in the Empower database and we expect will facilitate the
integration of the additional data we expect to derive from the proposed
acquisition of the Sun Valley Clinic group, that has a combined 165,000 patients."
CannaOne
Technologies announced that it has entered into a formal agreement
with Manna Health Services SA de CV of Mexico City, to undertake the
development, launch and operation of an industry leading online CBD product
purchase and delivery marketplace for the Country of Mexico. The agreement was
signed on March 5, 2019, with a contract term of 36 months and an option to
renew for an additional 60 months at the conclusion of the initial period.
CannaOne
CEO Solomon Riby-Williams stated, "We're extremely excited today to be
working with Manna Health. CannaOne will exclusively build, manage and oversee
a customized enterprise version of BloomKit for Manna Health intended to be the
"go-to" online CBD product marketplace in Mexico".
"BloomKit,
our enterprise software solution, will give Manna the capability to offer a
flagship and fully operational online CBD marketplace once Mexican regulations
are finalized. For example, It will offer Manna
the ability to inherently monitor and track pick-up and delivery
logistics, and the capability to deliver historical and current trending analytics
to ensure optimal management of all CBD sales channels. It will provide this
all with the benefit of a simple and easy to use built in eCommerce
solution."
Riby-Williams
further added, "This collaboration with Manna will provide CannaOne the
immediate credibility of working directly with a highly respected Mexican
organization that already has existing partnerships covering retail and
commercial land, pharmacies, shopping malls, and tourist destinations
throughout Mexico.
Currently,
Manna Health is approved by the Mexican government to buy, sell, lease,
distribute, import, or export any products related to health and wellness. Once
this CBD marketplace has launched, Manna has further committed to CannaOne to
jointly study, analyze and utilize all market and consumer data that is
collected and retained through the marketplace."
Zenabis
Global Inc. has signed its first exclusive, definitive supply agreement under its Zen
Craft Grow program. This first Zen Craft Grow agreement is an exclusive supply
agreement between Zenabis, as a standard processor, and a micro-cultivator in
the final stages of receiving its license that will bring unique genetics and
small-batch, artisanally grown cannabis to discerning adult-use consumers
across Canada.
The
Zen Craft Grow program reflects Zenabis' ongoing commitment to offer consumers
a range of unique and high-quality products. Through the Zen Craft Grow
program, Zenabis provides its regulatory, compliance and quality control
expertise to facilitate the licensing of small-scale craft growers, leverages
its existing supply agreements with provincial liquor authorities, wholesalers
and licensed retailers in nine Canadian jurisdictions, and provides consumers
across the country with access to high-quality, compliant and quality assured
cannabis products from passionate and committed micro-cultivators.
Zenabis
will market these craft products under the Founders' Reserve brand (www.foundersreserve.ca).
This brand name reflects Zenabis' desire to pay homage to the growers and
advocates who played such a significant part in the establishment of the legal
cannabis industry.
"As
a licensed producer with a national distribution network for the adult use
market, we are thrilled to bring the distinct and specialized products of
licensed micro-cultivators to customers across Canada," said Andrew
Grieve, Chief Executive Officer of Zenabis.
"Founders'
Reserve, and our Zen Craft Grow program, represent something new in the
Canadian marketplace. This brand will provide safe, consistent and
quality-assured products from commercially licensed growers, and the strains
sold under this brand will reflect the dedication and passion that come from
years of cultivation experience. Founders' Reserve will provide highly coveted
cannabis strains, developed with care by cultivators who have a deep commitment
to their plants and their products. We are pleased to offer these thoughtfully
produced artisanal products across Canada via our existing supply and
distribution partners. Zen Craft Grow adds a new dimension to our product
offerings, expands our brands through the addition of Founders' Reserve, and
demonstrates our commitment to a wide range of stakeholders, including
micro-cultivators and consumers. We are excited about this program, and we
intend to execute definitive, exclusive supply agreements with more than 20
licensed micro-cultivators and applicants with whom we have developed
relationships."
3
Sixty Risk Solutions Ltd. announced that the Company, which operates through
its wholly-owned subsidiary, 3 Sixty Secure Corp., has been selected by Harvest
One Cannabis Inc. to provide a portfolio of security services which include
secure transport, secure cannabis storage and retail deliveries. Harvest One
has a global portfolio of brands including United Greeneries, Satipharm, Dream
Water, and Burb that serves the adult recreational and medical cannabis markets
from cultivation to retail distribution. The global footprint of Harvest One,
with a presence in five countries, aligns with 3 Sixty's strategic goals of
realizing significant organic growth and accelerating growth using M&A to
expand operations within Canada, the United States of America and
internationally.
"Harvest
One is a tremendous example of a company serving the full spectrum of customer
needs from cultivation to production to retail distribution of top-quality
products," said Thomas Gerstenecker, CEO and Founder of 3 Sixty. "It
is led by expert growers, brilliant engineers and creative entrepreneurs and it
has announced supply agreements in Ontario, British Columbia, Manitoba and
Saskatchewan. We look forward to supporting Harvest One as it expands its
cultivation footprint and retail distribution network in Canada and
internationally."
NexTech
AR Solutions, a company
focussed on bringing next generation web enabled augmented reality (AR)
platform with Artificial Intelligence (AI) and analytics to the Cannabis
industry, eCommerce, education, training, healthcare and video conferencing,
announced that it has signed an LOI to acquire an
eCommerce business that generated USD $2.2 million in revenue and $600,000 in
EBITDA in 2018, for the purchase price of $1,850,000 in cash. The company is currently conducting its due
diligence, which is expected to last three weeks, with an expected closing of
the transaction to follow.
"This
LOI sets the stage for our third acquisition in 2019 and upon closing would
push our eCommerce division toward a projected USD $5 million in consolidated
revenue and $1 million in EBITDA for 2019," said Evan Gappelberg, CEO of
NexTech. "Since going public we have been focused on both launching our AR
platforms around our three verticals, AR eCommerce, AR university, and AR live
streaming, and a growth-by-acquisition strategy that we continue to execute
on."
Upon
closing this acquisition NexTech will:
● Accelerate the launch of existing and
exciting new AR and AI technologies.
● Advance and significantly enhance our
knowledge of the AR customer journey through analyzation of real-time data from
our analytics installed on site.
● Enable the fast integration of a broad
range of AR and AI capabilities onto the site, creating a one-of-a-kind
eCommerce AR/AI showcase for consumers and prospects.
●
NexTech
has already closed on two acquisitions in 2019 - one in January and one in
February - and has also entered into a separate LOI in March as part of its
strategy to grow through acquisition of revenue generating companies that
possess industry-leading technologies.
Canopy Growth Corporation, a
world-leading, diversified cannabis company and OG DNA Genetics
("DNA"), a globally recognized cannabis brand, announced
today they have signed an agreement to extend
and expand upon their previously announced partnership through to 2024. With this newly signed agreement, Canopy
Growth and DNA have extended their partnership beyond Canada and Jamaica and have committed to bringing DNA's world-renowned
genetics to a soon-to-be disclosed European market.
Canopy
Growth and DNA entered into their first agreement for the Canadian market in
2015. The partnership gave Canopy Growth access to a wealth of unique,
genetically-diverse cannabis strains that it then incorporated into its Canadian
product lines. And, of course, the brain trust and witty charm of Don and Aaron
themselves, the founders of DNA. In 2017, the partnership between Canopy Growth
and DNA was renewed and expanded into Jamaica to bring DNA's original strains
into future Caribbean markets. Under the terms of today's announcement, Canopy
Growth and DNA have committed to working together through 2024 and will make
every effort to expand into global markets, including Europe, where regulations
permit the legal sale of cannabis for medical and recreational purposes.
"Teaming up with DNA has proven to
be a very strong and mutually beneficial partnership," said Mark Zekulin,
President and co-CEO of Canopy Growth. "Renewing our partnership for the
next five years was a no-brainer for us and we look forward to introducing
their high-quality DNA products to consumers around the world."
Tilray,
Inc., a global leader in cannabis research, cultivation, production and
distribution, today
reported financial results for the fourth quarter
and year ended December 31, 2018. All financial information in this press
release is reported in U.S. dollars, unless otherwise indicated. Some of the
highlights included: a revenue increase to $43.1 (C$56.4) million, up 110.0%
compared to last year, driven by bulk sales, the inaugural sales for the
Canadian adult-use market and accelerated wholesale distribution in export
markets; a long-term revenue sharing agreement with Authentic Brands Group to
leverage their portfolio of brands and develop, market and distribute consumer
cannabis products across the world; acquired Manitoba Harvest, a hemp and
natural foods producer in Winnipeg, Manitoba, who distributes products to
16,000 retail locations in the US and Canada for up to $317 (C$419) million;
and more.
“2018
was a very successful year for Tilray with many corporate milestones. Our team
made significant progress on our long-term initiatives including increasing
production capacity, expanding and strengthening strategic partnerships, and
acquiring complementary businesses to accelerate our future growth and
leadership position in medical and adult-use cannabis,” commented Brendan
Kennedy, President and Chief Executive Officer of Tilray. “Looking ahead, we
remain committed to pursuing global growth opportunities and will be
disciplined in deploying capital, particularly in the United States and Europe,
where we believe we have multiple paths for value creation.”
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