Friday, 31 May 2019
Investorideas.com - Statement From The Cannabis Cultural Association on Cannabis Scheduling Decision
Investorideas.com - Statement From The Cannabis Cultural Association on Cannabis Scheduling Decision
Investorideas.com - CSE New Cannabis Listing: Pasha Brands Ltd. (CRFT)
Investorideas.com - CSE New Cannabis Listing: Pasha Brands Ltd. (CRFT)
www.investorideas.com - news that inspires big ideas
www.investorideas.com - news that inspires big ideas
Investor Ideas #Potcasts: #Cannabis News Special Edition - Interview with Kim Casey on her recent book, Cannabis For Dummies
Investor Ideas #Potcasts: #Cannabis News Special Edition - Interview with Kim Casey on her recent book,
Cannabis For Dummies
Delta, Kelowna, BC –May 31,
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/05311KimCasey-CannabisForDummies.asp
Today’s podcast overview/transcript:
Good
afternoon and welcome to another episode of Investorideas.com “potcasts”,
looking at cannabis news, stocks to watch as well as insights from thought
leaders and experts.
In
today’s podcast I interview Kim Casey,
Author of Cannabis for Dummies about her background in cannabis, what
lead her to write this book as well a the content of the book itself.
But
first, earlier this week, the cannabis community received a piece of great news
as a federal appeals court gave medical cannabis patients and reform advocates
a small but significant procedural victory, ruling that it would hold open a
case challenging the scheduling status of marijuana under federal law.
The
court is putting the federal government on notice that it must “promptly” make
a decision on marijuana rescheduling so that those who rely on its medical
benefits don’t unduly suffer.
Two years ago, a group of patients
including New York Jet’s great, Marvin Washington and advocates, Cannabis Cultural Association, filed a lawsuit against the Justice
Department in a
U.S. District Court, alleging that the Schedule I status of cannabis under the
Controlled Substances Act (CSA) poses serious health risks and unfair economic
disadvantages.
Here is the original complaint: https://www.scribd.com/document/411950047/18-859-Documents-2?secret_password=w2ybm121PJJEUJQR6TdN#download
The
2-1 ruling from the 2nd Circuit Court of Appeals said the feds’ classification
of weed in the same category as heroin and LSD made no sense.
“Plaintiffs
claim that a shift over time in our understanding of the uses and dangers of
marijuana warrants a change in marijuana’s classification,” Judge Guido
Calabresi wrote for the majority. “It is possible that the current law, though
rational once, is now heading towards irrationality; it may even conceivably be
that it has gotten there already.” The judges said they might intervene if the
DEA did not act “with adequate dispatch” to a request to review its
classification of marijuana as a Schedule I drug.
The Cannabis Culture Association commented
saying, “The Cannabis Cultural Association is proud to be a plaintiff in this
milestone case. Today, the United States Court of Appeals for the Second
Circuit issued its decision, holding our federal cannabis lawsuit in abeyance
but retaining jurisdiction over it while our legal team files a petition to
reschedule cannabis, to ensure that the petition is decided with
“alacrity.” This is the first decision
of its kind and will afford the plaintiffs the rapid decision that they and all
Americans deserve. The Cannabis Cultural Association looks forward to
continuing to lead the legalization movement, and to supporting our lawyers’
efforts to compel the DEA to finally render a fair and fast decision.”
As well the Virtual Investor Conferences
and
KCSA
Strategic Communications today announced the agenda for the upcoming Cannabis Industry Virtual
lnvestor Conference. Individual investors, institutional investors, advisors
and analysts are invited to attend. The program opens at 8:45 AM ET, with the
first live webcast at 9:00 AM ET, on Tuesday, June 4th.
Some of the companies attending the Virtual
Conference include Aurora Cannabis, KushCo Holdings, Khiron Life Sciences and
more.
In my interview with Kim Casey on her recent book Cannabis For Dummies, Kim discussed what brought her to write
this book and some of her hopes from both the industry and the average US or
Canadian citizen who may read this book.
“I think this was written for numerous
audiences, there’s something in it for everyone, from someone who is very
comfortable as a cannabis user to someone who has just heard of cannabis and is
curious. For the comfortable cannabis user they may learn a great deal about the
industry itself {from the book},” commented Casey on the potential audiences
for her book.
When asked about what specific information
Casey thought the average cannabis consumer could learn from her book she
pointed quickly to the section of the book focussed on Cannabis Taxes, both in
the US and Canada.
“Most people, even the people working for
cannabis companies, are unaware of the Federal US Tax code. The general public
doesn’t realize that the dollars that are coming into the company are mostly going
back to the federal government. To clarify, this is not State Tax where medical
or recreational cannabis is aloud, but Federal.”
“For the Canadian population, understanding
that each Canadian province has its own business structure on the involvement
of Government in the supply chain. Some provinces are allowing independent
business to operate the dispensaries, some are handling the entire piece from
growers to consumers, and some have a mixture. This may be interesting to
individuals who may not understand the industry and its ins and outs on the
whole.”
Cannabis for Dummies covers everything from
the growing and processing side of cannabis, to Investing, business practices
and even how to best buy cannabis for personal consumption.
The chapter focussed on Investing gives a
great overlay of the last two years in the industry, some of the pitfalls to
avoid and be wary of as well as certain company standards and trends that have
lead to success so far.
Subscribe to the new cannabis podcast series:
Investorideas.com podcasts are also
available on iTunes, Spotify, Google
Play Music, Stitcher, Spreaker, YouTube
via Spreaker, iHeartradio and Tunein.
Potcasts is now a certified word mark Trademark
on the blockchain through Cognate, Inc. CM Certification-Registration Number:
10468217708
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from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto,
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original branded content includes the daily Crypto Corner and Podcast, Play
by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News
and Stocks on the Move podcast and column,
Cleantech and Climate Change Podcast and
the AI
Eye Podcast and column covering developments in
AI.
Disclaimer/Disclosure: Investorideas.com is a
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well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
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All investing involves risk and possible losses. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Disclosure is posted for each compensated news
release, content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
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specific questions.
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Investor Ideas Adds New #Stocks in Tech (NYSE: $FSLY), Mining (TSXV: $ECC.V), Gaming (NASDAQ: $SCPL) and Cannabis (CSE: $VAPN.C)
Investor Ideas Adds New #Stocks in Tech (NYSE: $FSLY), Mining (TSXV: $ECC.V), Gaming (NASDAQ: $SCPL) and Cannabis (CSE: $VAPN.C)
Point Roberts WA, Delta BC – May 31, 2019 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces this week’s additions to its global stock directories in tech, mining, gaming and cannabis.
The newest tech companies are involved in cloud computing, cyber security, e-commerce and software and all are recently listed NYSE/Nasdaq IPO’s.
The latest mining companies are both TSX Venture listed and are involved in vanadium and gold mining in British Columbia and Mexico respectively and for precious metals in Spain.
New gaming companies are involved in the mobile casino app sector while the newest cannabis company, Vapen MJ Ventures Corporation (CSE:VAPN), is an agriculture tech firm involved in all aspects of cultivation, extraction, manufacturing of THC and CBD Vape cartridges, concentrates, edibles, retail dispensary, and wholesale distribution of high margin cannabis and CBD products in Arizona.
New Tech Companies:
Fastly, Inc. (NYSE: FSLY) As the consumption of online content continues to grow globally, organizations must keep up with complex and ever-evolving end-user requirements. We help them surpass their end-users’ expectations by powering fast, secure, and scalable digital experiences. With Fastly’s edge cloud platform, our customers are disrupting existing industries and creating new ones. Today, our platform handles hundreds of billions of internet requests a day.
TUFIN SOFTWARE TECHNOLOGIES LTD. (NYSE:TUFN) simplifies management of some of the largest, most complex networks in the world, consisting of thousands of firewall and network devices and emerging hybrid cloud infrastructures. Enterprises select the company’s Tufin Orchestration Suite™ to increase agility in the face of ever-changing business demands while maintaining a robust security posture. The Suite reduces the attack surface and meets the need for greater visibility into secure and reliable application connectivity. With over 2000 customers since our inception, Tufin’s network security automation enables enterprises to implement changes in minutes instead of days, while improving their security posture and business agility.
PAGERDUTY, INC. (NYSE:PD) is a leader in digital operations management. PagerDuty empowers organizations of all sizes with real-time and data-driven insights to drive better business results. DevOps, ITOps, and SecOps teams use PagerDuty's award-winning platform for real-time operations to improve operations, deliver exceptional customer experiences, and accelerate innovation. Today, over 11,000 organizations across all industries have deployed PagerDuty. Notable customers include IBM, GE, Box, and American Eagle Outfitters.
RUHNN HOLDING LTD (NasdaqGS:RUHN) is the largest internet key opinion leader (“KOL”) facilitator in China as measured by revenue in 2018, according to Frost & Sullivan. The Company connects influential KOLs who engage and impact their fans on the internet to its vast commercial network. Ruhnn pioneered the commercialization of the KOL ecosystem in China, and operates under both full-service and platform models. The Company’s full-service model integrates key steps of the e-commerce value chain from product design and sourcing and online store operations to logistics and after-sale services. The platform model promotes products sold in third-party online stores and provides advertising services on KOL’s social media spaces to third-party merchants. As of December 31, 2018, the Company had 113 signed KOLs with an aggregate of 148.4 million fans across major social media platforms in China.
POWERBRIDGE TECHNOLOGIES CO., LTD. (NasdaqCM:PBTS) is a provider of software application and technology solutions and services to corporate and government customers primarily located in China. The Company introduced global trade software applications following the launch of operations in 1997 with a vision to make global trade operations easier. Since inception, Powerbridge has continued to innovate by developing technologies for successful delivery of a series of solutions and services that address the evolving and changing needs of corporate and government customers. Powerbridge's mission is to make global trade easier by empowering all players in the ecosystem.
New Mining Companies:
Ethos Gold Corp. (TSXV: ECC) (OTCQB: ETHOF) is exploring the La Purisima gold project (earning 100%) in Chihuahua Mexico, the Iron Point Carlin gold project (earning 50% from Victory Metals Inc.) 22 miles east of Winnemucca, Nevada, and the Perk-Rocky copper-gold porphyry project (earning 100%), 220 km west of Williams Lake, British Columbia. La Purisima is a near surface, bulk tonnage, oxide gold target, and a maiden drill program will commence shortly. Iron Point is a Lower Plate hosted Carlin style gold target, and a planned program of three vertical holes to test this target will commence shortly under the supervision of Dr. Quinton Hennigh. Perk-Rocky is a copper-gold porphyry target, and an exploration program including detailed airborne geophysics and ground mapping and sampling will commence shortly. Ethos currently has cash of approximately $Cdn 6.8 million and 54.6 million shares issued. In 2019 Ethos plans to spend an aggregate of approximately $Cdn 1.8 million on the maiden drill programs at La Purisima and Iron Point, and on the initial work program at Perk-Rocky. Ethos is also earning into the Pine Pass and Ursula vanadium projects (100% earn-in) in north-central British Columbia. In March 2019 Ethos received notice from the Province of British Columbia that the mineral tenures making up its Pine Pass vanadium project are included in an area under consideration for an immediate moratorium on development proposals and possible inclusion in an expanded environmental protected area, and in light of this notice has suspended work on its vanadium projects.
Pan Global Resources Inc. (TSXV: PGZ.V) (OTC: PGNRF) s actively engaged in base and precious metal exploration in Spain and is pursuing opportunities from exploration through to mine development. The company is committed to operating safely and with respect to the communities and environment where we operate.
New Gaming Companies:
SciPlay Corporation (NASDAQ: SCPL) develops and publishes digital games on mobile and Web platforms. The company offers seven games, which include social casino games, such as Jackpot Party Casino, Gold Fish Casino, Hot Shot Casino, and Quick Hit Slots, as well as casual games comprising MONOPOLY Slots, Bingo Showdown, and 88 Fortunes Slots. It provides social casino games, such as slots-style game play, as well as table games-style game play; and casual games, which blend slots-style or bingo game play with adventure game features. The company was formerly known as SG Social Games Corporation and changed its name to SciPlay Corporation in March 2019
Blackstone Group L.P., The (NYSE:BX) investments are designed to preserve and grow our limited partners’ capital, provide financial security for millions of retirees, sovereign wealth funds, and other institutional and individual investors, and contribute to overall economic growth. GAMING: over the past few months has continued on a gaming investment spree, most recently with the purchase of a minority stake in Romania’s largest sports betting operator, Superbet. The equity firm has paid €175 million for a minority stake in Superbet. Blackstone Tactical Opportunities conducted the transaction on behalf of its parent company.
New Cannabis Companies:
Vapen MJ Ventures Corporation (CSE:VAPN) through its wholly-owned subsidiaries, currently operates as an agricultural technology, services and property management company utilizing a full vertical integration business model to oversee and execute all aspects of cultivation, extraction, manufacturing of THC and CBD Vape cartridges, concentrates, edibles, retail dispensary, and wholesale distribution of high margin cannabis and CBD products. VAPEN MJ currently provides these management and marketing services in the State of Arizona with expansion plans through acquisitions and partnerships worldwide.
The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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Thursday, 30 May 2019
Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move (CSE: $AGRA.C) (CSE: $DIXI_U.C) (CSE: $CURA.C) (TSXV: $RPP.V)
Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move (CSE:
$AGRA.C) (CSE: $DIXI_U.C) (CSE: $CURA.C) (TSXV: $RPP.V)
Delta, Kelowna, BC –May 30,
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/05301AGRA-DIX-CURA-RPP.asp
Today’s podcast overview/transcript:
Good
afternoon and welcome to another episode of Investorideas.com “potcasts”,
looking at cannabis news, stocks to watch as well as insights from thought
leaders and experts.
In
today’s podcast we look at a few early announcements.
AgraFlora Organics
International Inc. (CSE: AGRA) (OTC: PUFXF), a growth oriented and diversified
international cannabis company, announced that the Company has applied for licensing
with Health Canada under the Industrial Hemp Regulations of the Cannabis Act.
The
Company anticipates that license approval could be granted in the third quarter
of 2019, which will subsequently equip AgraFlora with the ability to seed,
cultivate and harvest industrial hemp at its flagship 2.2 million square foot
Delta, BC facility.
Upon
successful grant of an Industrial Hemp License, AgraFlora intends to
aggressively pursue proprietary Cannabidiol ("CBD") cultivar
development, as well as: Seedling development; Cultivar experimentation; and
Specialized fibre production.
"We
are thrilled to gain additional exposure to the burgeoning hemp and CBD
marketplaces," said Brandon Boddy, Chairman and CEO of AgraFlora Organics
International Ltd. "The cultivation of hemp is a natural accompaniment to
our overall cannabis strategy, which will bring material synergies to our
existing cultivation operations. By way of our existing cultivation
infrastructure at the Delta Greenhouse Complex, we will continue to leverage
the vast skillset of the Houwelings Group. Furthermore, AgraFlora's Industrial
Hemp License will allow for ample access to low-cost, high-volume raw material
for the extraction of CBD, which has been increasingly recognized for its
therapeutic benefits across a wide range of medical indications and wellness
applications."
Therabis LLC, a leading pet wellness
company and a subsidiary of Dixie Brands
Inc. (CSE: DIXI.U) (OTC: DXBRF), has announced that Vedco, Inc. will begin distributing
its full-spectrum hemp-based, highly-palatable, soft-chew supplements to their
network of distributors who are the leading suppliers to veterinary clinics
across the USA.
Vedco is a logistics, sales and marketing
provider of Animal Health products that is owned by many of the leading
distributors in the US Animal Health Market and it creates a more efficient
procurement infrastructure exclusively focused on servicing the veterinary
channel. With a combined network of 98 distributor locations nationwide, Vedco
is one of the country's largest veterinary suppliers with a client list that
includes more than 30,000 clinics.
"We are pleased to have been selected
by Vedco as the first full-spectrum soft chew hemp supplier that they are
offering to their distribution network," said Bob Rubin, President of
Therabis. "Many pet owners rely on
their veterinarian to recommend a product that best addresses their pet's
specific ailment. We expect that our participation in that channel will help
strengthen our leadership position both among veterinary patients and retail
consumers in general."
Therabis will introduce a series of new
formulations of its products called "Therabis Veterinarian Formula,"
in recognition of the fact that pets requiring veterinary care are more likely
to require stronger versions. These
products will include higher concentrations of cannabinoids and other approved
natural ingredients for more targeted therapeutic value in comparison to the
formulations currently sold through retail and online channels. Therabis
Veterinarian Formula versions will initially be available for the canine
"Mobility" supplement, as well as both the canine and feline versions
of the "Calming" stress relief products. Therabis will soon add other
indication-specific veterinary formulas.
"We are very excited about a
full-spectrum, plant-based nutraceutical derived from hemp in a soft chew
dosage form that veterinary hospitals can offer to their clients for overall
pet wellness," said Craig Campbell, General Manager of Vedco, Inc.
"We have looked closely at Therabis products and we are pleased to
showcase them to our full national distribution network."
Veterinarians are highly influential in recommending
therapeutic products for pet owners. According to Packaged Facts, veterinarians
are the most important source of pet care information for 70% of dog and cat
owners, far surpassing any other source and more than doubling online research.
The American Veterinary Medical Association recognizes nutraceutical therapy as
important as part of their guidelines related to complimentary or alternative
medicine. The nutraceutical market has been estimated by Grand View Research to
exceed $2 billion in the U.S.
Continuing
with Dixie Brands, who also issued a statement about the passage into law of Colorado
bill HB19-1090, a bipartisan bill providing greater investment flexibility in
marijuana businesses.
Dixie
Brands supports the legislation and applauds the Colorado legislature and
Governor Jared Polis for signing it into law. The Company also intends to
explore opportunities to expand investment in Denver-based cannabis operations,
once the law is fully in place.
"This
is a defining moment for Colorado's cannabis industry and a tremendous boost to
Colorado's economy," said Chuck Smith, CEO of Dixie Brands. "By
permitting access to capital through private and public investments with
appropriate guardrails, this bill ensures that Colorado businesses keep their
headquarters in the state, remain competitive, invest in research and development
and other innovation and continue to contribute significant tax dollars to the
state."
Dixie
and other publicly listed companies in Colorado have not been permitted to own
cannabis production or manufacturing operations. Dixie owns the intellectual
property and licensing rights associated with its portfolio of cannabis-infused
products. The THC-infused products are manufactured and distributed in Colorado
by a private state-licensed company controlled by an investor and Board Member
of Dixie Brands. With the passage of HB19-1090, Dixie intends to explore a
transaction to acquire and operate the licensed manufacturer. Any such
transaction would be subject to successfully completing a state licensing
application, as well as review by an independent committee of Dixie's Board.
In
the event a transaction is completed, it would create expanded opportunities
for Dixie to invest in its Colorado production operations as the Company
continues to grow its business. Ownership of the manufacturing operation would
result in increased revenue and gross margin for Dixie.
Chuck
Smith is actively involved in the state's cannabis industry and has worked with
other business leaders for the passage of HB19-1090. He currently sits as Board
President of Colorado Leads, a pro-business alliance of more than 50 Colorado
companies created to help educate the general public about the economic and
community benefits of a safe, regulated medical and recreational cannabis
industry.
Curaleaf Holdings,
Inc. (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis
operator in the United States, today announced that it completed the acquisition of the
Emerald dispensary in Gilbert, Arizona, whose license is held by Absolute Healthcare,
Inc., an Arizona non-profit corporation. The signing was announced earlier on
May 21, 2019 and the transaction was closed on May 29, 2019. The dispensary is
expected to be rebranded as Curaleaf over the next month.
Emerald
is the only dispensary licensed to operate in the Town of Gilbert which is
located in the Metro Phoenix area. It is one of Arizona's largest and longest
standing medical cannabis retailers, serving over 44,000 unique patients since
2014.
Curaleaf
has the largest footprint of single-branded retail stores in the U.S. and is
executing on its strategy of building a national brand in highly populated
states. Curaleaf will continue to explore opportunities to open additional
locations throughout the state of Arizona in 2019.
Regent Pacific
Group Limited (HK: 00575) (TSX-V: RPP), a specialist healthcare, wellness and
life sciences investment group, has signed an indicative non-legally binding offer
letter with Entertainment Direct Asia Ltd. to acquire Yooya for a potential consideration of US$15 million. If
successful, the transaction would be effected through a share for share
exchange.
Following
the transaction, Yooya will expand its sector focus and become the first e-commerce
marketing platform to focus on CBD infused products that are designed to awaken
the body's natural healing system and promote better health and sleep; and
products that safely eliminate the psychoactive THC from hemp.
Yooya
is a content-driven e-commerce platform that is reshaping the way that brands
connect with Chinese consumers. Total e-commerce revenue in China is forecast
to top US$1.8 trillion by 2022. Yooya recognises that the way that Chinese
consumers shop and the factors that influence purchase decisions have changed
dramatically, with video content consumption being the single most popular
activity on the internet in China. Japan, Asia's second largest e-commerce
market in dollar terms, will see nearly 90 million e-commerce shoppers by 2021.
Yooya
helps brands to reach the right audiences through its targeted video platform;
and substantial network of content producers and e-commerce providers. John
Possman and Richard Myers, existing directors of Yooya, have over fifty years
of experience combined in media, technology, and consumer products in Greater
China, Japan, and other markets in Asia.
Yooya
is particularly focused on brands in the beauty and cosmetics, health and
wellness, apparel, and related sectors. Recent research from Kantar shows that
in 2018 annual online sale of cosmetics, skincare, and personal-care products
in China grew by 46%, 40% and 37% respectively.
Jamie Gibson, Chief
Executive Officer of Regent Pacific,
said, "We see huge opportunity to use the Yooya team's extensive
experience in digital marketing and partnerships with both influencers and
e-commerce platforms to support the roll out of our CBD, organics and natural
formulations business, which require more targeted engagement to reach the
end-consumer."
The
possible acquisition remains subject to a number of pre-conditions, including
completion of due diligence, respective approvals of the Company's and Yooya's
boards and formal acquisition documentation to be agreed between the Company
and each of Yooya's shareholders.
To
further support the expansion into new product lines, the Company has also
signed subscription agreements with Jim Mellon, Jamie Gibson and an experienced
group of strategic investors including principals of JJR Capital and Abony
Enterprises in CBD, organics and natural formulations for a total amount of
approximately US$17.5 million in convertible loan notes.
"The
capital raised through this offering will help us drive our rapid expansion
into the fast-growing CBD segment, which is estimated to be worth up to US$15
billion in China alone by 2024, added Jamie
Gibson. "We envisage rolling out our CBD business in Asia with a line
of exceptional consumer-focused products initially in the health and wellness
area, including topicals and balms, and working with the world's largest CBD
manufacturers to build out our CBD brands over time. The participants in this
offering include strategic investors in the Company who have generated very
successful investment returns in the CBD market and we are grateful for their
confidence in the Company."
Investor ideas reminds all listeners to read our disclaimers and
disclosures on the
Investorideas.com website and this podcast is not an endorsement
to buy products or services or securities. Investors are reminded all
investment involves risk and possible loss of investment
Subscribe to the new cannabis podcast series:
Investorideas.com podcasts are also available
on iTunes, Spotify, Google Play Music,
Stitcher, Spreaker, YouTube via
Spreaker, iHeartradio and Tunein.
Potcasts is now a certified word mark Trademark
on the blockchain through Cognate, Inc. CM Certification-Registration Number:
10468217708
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news
source publishing third party news and press releases plus we create original
financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto,
technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto Corner and Podcast, Play
by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News
and Stocks on the Move podcast and column,
Cleantech and Climate Change Podcast and
the AI
Eye Podcast and column covering developments in
AI.
Disclaimer/Disclosure: Investorideas.com is a
digital publisher of third party sourced news, articles and equity research as
well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
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New #Cannabis Stocks Added to Investor Ideas; (TSX: $FAF.V) (CSE: $STIL.C) (CSE: $ORCD.C) (CSE: $VREO.C) (CSE: $PUMP.C) (OTC: $NUGL) ... -
Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: Dixie Brands (CSE: $DIXI_U.C) (OTC: $DXBRF), Khiron Life Sciences (T... -
Investorideas.com - CBD Stock News: InnoCan Pharma (CSE: INNO) Announces the Successful Completion of an Independent Clinical Study Demonstr...