Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move (CSE:
$HITI.C) (TSXV: $RIV.V) (CSE: $LOVE.C) (TSXV: $NRTH.V)
Delta, Kelowna, BC –May 15,
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/05151HITI-RIV-LOVE-NRTH.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 look at a few of the day’s earlier announcements.
But
first, though not a public company, Theracann International Benchmark
Corporation, a
leading full service international cannabis consultancy and technology firm in
conjunction CannAcubed Pte Ltd
(CannAcubed), a pioneer in the China cannabis space with a focus on building
the world's largest diversified cannabis operations, announced today an agreement
focused on the implementation of Theracann's molecular tagging ETCH biotrace™
technology for the industrial hemp and cannabinoid markets in China.
TheraCann's ETCH biotrace™ platform uses
both a physical molecular taggent and non-appendable distributed ledger
(blockchain) to provide forensic levels of traceability of cannabis and
cannabis derivatives at any point in the supply chain. Whether it is introduced
at the farmer, processor, manufacturer, or at packaging, ETCH biotrace links a
unique molecular tag to the cannabis plant that will survive extraction or
conversion into new products within the supply chain.
The rapid global adoption of cannabis
legislation has accelerated the need to secure and truly validate cannabis
supply. Current systems, many of which rely on RFID or bar code technologies,
are capable of accurately tracking cannabis supply chains through the
cultivation stage but cannot forensically track cannabis and/or hemp derivative
products back to a specific source once the physical tags and packaging are
removed or the product is mixed with other suppliers.
"CannAcubed's focus will be from
tracking inception of an individual plant or crop, through harvest, processing,
and distribution, all the way to the point of sale to the patient," said
Glenn Davies, Chief Executive Officer at CannAcubed. "This collaboration
with Theracann and ETCH biotrace provides visibility into the cannabis 'chain
of custody ', tracking cannabis supply chains with the ultimate aim to create a
successful, sustainable and professional cannabis industry that is
legitimately, safely and responsibly bringing cannabis to China, and the
world."
BioLumic Ltd., creators of a sustainable
ultraviolet (UV) crop yield enhancement system, and Canopy Rivers Inc. (TSXV:
RIV) (OTC:
CNPOF)
today announced a strategic investment from Canopy
Rivers. BioLumic extended the Finistere
Ventures-led Series A
financing round to include Canopy Rivers' strategic investment of US$1.5
million, closing the
oversubscribed round at US$6.7 million. The financing was comprised of a tier-one investor
roster that also included Rabo Food & Agri Innovation Fund and Radicle
Growth acceleration fund.
This marks Canopy Rivers' first
investment in agri-technologies, specifically focused on the promising fields
of plant physiology and UV photobiology. With extensive global trials in
traditional and high-value produce crops already underway, BioLumic will use
the added investment to grow its team to support the acceleration and expansion
of its UV light treatment initiatives, including applications in the medical
cannabis market.
"Canopy Rivers' mission is to build
and support a thriving global cannabis economy, and we are dedicated to
identifying and investing in strategic technology players throughout the legal
cannabis value chain," stated Mary Dimou, Director, Business Development,
Canopy Rivers. "Led by an exceptional management team, BioLumic's
groundbreaking, proprietary UV technology has the potential to significantly
improve cannabis growth, vigor and yield – promising an environmentally
friendly, GM-free cannabis crop through the power of light."
High Tide Inc. (CSE:HITI) (OTCQB:HITIF), an
Alberta-based, retail-focused cannabis corporation enhanced by the
manufacturing and wholesale distribution of smoking accessories and cannabis
lifestyle products, today
announced that it has received approval from The
Depository Trust Company ("DTC") to make the Company's common shares
eligible to be electronically cleared and settled through DTC. DTC Eligibility makes High Tide's common
shares more accessible to investors in the United States, which is expected to
result in higher volumes given the additional availability of shares for
trading.
Cannara Biotech (CSE:
LOVE) (OTCQB:
CNBTF), an emerging vertically integrated
cannabis company focused on the cultivation and sale of cannabis and
cannabis-infused products to the Canadian and international markets, today
announced its common shares are listed for trading
on the OTCQB® Venture Market under the
trading symbol "CNBTF".
The Company's common shares continue to
be listed on the Canadian Securities Exchange under the trading symbol
"LOVE".
48North Cannabis Corp. (TSXV:NRTH) announced
today that it has signed a supply agreement
with Alberta Gaming, Liquor & Cannabis ("AGLC"), Alberta's
wholesaler of recreational cannabis. 48North's supply agreement with AGLC was
signed on May 15, 2019, and pertains to calendar year 2019.
Under the supply agreement, 48North will
supply AGLC with 2,460 kilograms of dried cannabis from its outdoor farm in
Brant County, Ont., ("Good Farm") and other cannabis products such as
pre-rolls from its indoor facilities in Brantford, Ont., ("Good
House") and Kirkland Lake, Ont. ("DelShen Therapeutics").
Pending Health Canada approval, Good Farm
is expected to produce an estimated 40,000 kilograms of organic, sun-grown
cannabis, from more than 3.7 million sq. ft. of outdoor cultivation space. In
early May, the Company received its Confirmation of Readiness from Health
Canada for its Good Farm application and is well-prepared to harvest cannabis
outdoors in 2019.
"48North is looking forward to
delivering high-quality, sun-grown, sustainable and organic cannabis to the
Alberta cannabis market. Through today's historic agreement, the first to
supply outdoor grown cannabis to Alberta, 48North has taken another meaningful
step to respond to market demand and provide a reliable and environmentally
sustainable source of production for Alberta," said Jeannette VanderMarel,
co-CEO of 48North.
Also as Wednesday is colloquially called
“hump day”, I recently read a great article from Leafly.com,
discussing the difference between CBD and THC for sex. The general gist is CBD
is better for after sex, THC for during and there is some specific strain talk
as well. It’s a worthwhile read for anyone wishing to better evolve your sex
life through cannabis. Happy Hump Day!
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
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