Investor Ideas #Potcasts #Cannabis News and Stocks on
the Move: Westleaf (TSXV: $WL.V) (OTCQB: $WSLFF), CannaRoyalty (Origin
House) (CSE: $OH.C) (OTCQX: $ORHOF), The Supreme Cannabis Company (TSX: $FIRE.TO)
(OTCQX: $SPRWF) and Fire & Flower Holdings (TSXV: $FAF.V)
Delta,
Kelowna, BC –March 22, 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/03221WL-WSLFF-OH-ORHOF-FIRE-SPRWF-FAF.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 Westleaf Inc. (TSX-V:
WL) (OTCQB:WSLFF),
CannaRoyalty Corp. (Origin House) (CSE:
OH) (OTCQX:
ORHOF), The Supreme Cannabis Company, Inc. (TSX:
FIRE) (OTCQX:
SPRWF) and Fire & Flower Holdings Corp. (TSXV:
FAF).
Westleaf Inc.
announced it has been included on the Horizons
Marijuana Life Sciences ETF (TSX:HMMJ).
HMMJ is an index (or passively managed) ETF, which seeks to replicate, to the
extent possible, the performance of the North American Marijuana Index, net of
expenses. This index is designed to provide exposure to the performance of a
basket of North American publicly listed life sciences companies with
significant business activities in the cannabis industry. The North American
Marijuana Index selects from a current universe of companies that have
operations that may include one or more of biopharmaceuticals, medical
manufacturing, distribution, bio-products and other ancillary businesses
related to the cannabis industry.
"We believe the inclusion of
Westleaf in the HMMJ is validation that we have laid out an appropriate
strategy, that we are showing progress in our execution and that the vertical
integration business model is the right approach in an industry that is going
through early life-cycle changes," said Scott Hurd, President and CEO of
Westleaf.
CannaRoyalty Corp. (Origin House), a
North American cannabis products and brands company
today announced that
the Company's wholly owned subsidiaries, Kaya Management Inc. and FloraCal®
Farms, were awarded annual operating licenses from the State of California.
Kaya operates a licensed manufacturing
facility in Oakland, California that manufactures edibles, vaporizers and
pre-rolls, and was issued an annual Type 6 non-volatile manufacturing license
by the California Department of Public Health. Approximately 60 cannabis
manufacturing facilities across California have received annual licenses.
FloraCal operates a craft cannabis
cultivation facility located in Sonoma County, California and was issued a one-year
provisional cultivation license,1 from the California Department of
Food and Agriculture. This is the first annual or provisional cultivation
license to be issued in Sonoma County.
Origin House currently operates five
licensed facilities across California. Kaya and FloraCal are the first of those
facilities to transition from temporary to annual licensure.
The Supreme Cannabis Company, Inc.
today announced that the Company expects its previously
announced oil products line to be introduced to adult-use consumers in select
Canadian markets starting April 2019.
Supreme Cannabis plans to initially ship oil
products to select markets before expanding distribution of its cannabis oil
line to additional provinces which is expected by the end of June 2019. Each
bottle will contain a proprietary blend of highly-purified cannabis oils and
terpenes derived from plants grown by 7ACRES.
"Premium oils require premium
cannabis," said Navdeep Dhaliwal, CEO of Supreme Cannabis. "Our
formulation will leverage super-critical CO2 technology to produce a
high quality, purified cannabis oil which we re-formulate with the naturally
occurring cannabis terpenes from our 7ACRES' High-End CannabisTM.
The result is a unique, plant-based cannabis oil that carries the award-winning
qualities of our flower into an oil product for consumers looking for a premium
cannabis oil experience."
Fire & Flower Holdings Corp., today
announced stores operating under the Fire & Flower
brand in Ottawa and Kingston have received both Retail Operator Licences and
Retail Store Authorizations from the Alcohol and Gaming Commission of Ontario
(the "AGCO").
The store agreements with Ontario licence
holders were previously announced by Fire & Flower on February 19, 2019.
"The store licence holders in Ottawa
and Kingston worked closely with Fire & Flower's retail and operations
teams to obtain the store licenses and authorizations," shared Trevor
Fencott, Chief Executive Officer of Fire & Flower. "This announcement
demonstrates Fire & Flower's ability to rapidly open new markets as we
expand our brand across Canada."
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