Wednesday, 10 July 2019
Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move (CSE: $CNNA.C) (CSE: $MTEC.C) (TSX: $WEED.TO) (NYSE: $CGC) (TSXV: $FAF.V) (TSXV: $RIV.V)
Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move (CSE: $CNNA.C) (CSE: $MTEC.C) (TSX: $WEED.TO) (NYSE: $CGC) (TSXV: $FAF.V) (TSXV: $RIV.V)
Delta, Kelowna, BC –July 10, 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.
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Read this in full at https://www.investorideas.com/news/2019/cannabis-potcasts/07101CNNA-MTEC-WEED-CGC-FAF-RIV.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.
But first, GrowerIQ, a seed-to-sale technology and cannabis cultivation platform provider, and Dr. Tina Kasal-Slavik, a chemical ecologist at the Free University of Berlin, announced an agreement to commercialize the world's first sensor based on cannabis plant chemicals. The sensor decodes plant messages about afflictions before obvious visual symptoms, allowing growers enough warning to prevent widespread crop loss.
This represents the world's first cannabis organic compound sensor, creating an early warning system to prevent crop loss.
GrowerIQ COO Andrew Wilson stated, "The commercial impact of this early warning system cannot be overstated. Pest and mould or mildew infestations regularly impact crops. Waiting until the infestation is large enough to notice is too late. These crop loss events are very expensive."
According to Master Grower Shlomo Booklin, "Due to the crop's medicinal nature, we are restricted in chemical use. Early detection is critical, since this cuts pesticide use dramatically. We want to address issues before uncontrolled infestations! That's why Dr. Tina's technology is a game-changer."
For Dr. Kasal-Slavik, possible applications are endless, "This method can be applied to different plant species in very early stages of stress. It has the potential to lead to pesticide-free greenhouse plant production."
Plants under duress communicate by sending/receiving specific chemicals. These messages contain clues about both attackers and severity. Minutes after an aphid attack, a host-plant releases a multipurpose chemical message alerting other organisms that it's being fed upon. If picked up by neighbouring plants, this message is interpreted as a warning to prepare. If received by a predatory ladybug, it's interpreted as a ringing dinner bell to a nearby aphid feast.
Dr. Kasal-Slavik discovered we can decode these messages to gain insight. It's possible to evaluate plant health before any obvious visual symptoms of attack. This can be used to build an early warning system, alerting growers to infected plants.
CannaOne Technologies (CSE: CNNA) announced the launch of BWell CBD online marketplace on June 24th, 2019. This exhibits the company's launch of its first revenue model, as well as, establishing CannaOne as one of the first CBD focused online marketplaces in an industry that is estimated to be valued at over US$16 Billion by 2025 in the US alone, according to analysis Cowen & Co.
In addition to the successful launch of its online platform ahead of schedule, the company has already received over 11,000 customer sign-ups seeking access to purchase almost 100 individual CBD products. Reward programs were also implemented throughout the pre-launch campaign to encourage loyalty, customer retention and community building. CannaOne aims to maintain the momentum by continually running sign-up and awareness campaigns to increase and expand its customer base as the marketplace grows exponentially.
CannaOne's CEO, Mr. Riby-Williams stated, "our teamwork has been validated by reaching this significant milestone and we have proven our strengths in platform development and marketing. The Company's BWell Online Marketplace (thebwellmarket.com) was launched just months after the Farm Bill was passed in the US, which has opened up a plethora of opportunities to sell and market CBD products. We are truly in on the ground floor level of this rapidly growing CBD revolution in America and we're now ready to compete as a dominant player in this online space."
"The realization of the BWell Market portal has proved the Company's competence as a premium developer of enterprise online marketplace solutions including, site engineering, inbound marketing, running a successful pre-launch campaign, stocking the shelves with leading global CBD brands and the successful marketing campaigns all in just a few months. The BWell Marketplace encapsulates all of these key components. The Company is now well positioned to provide third party providers, a premium turnkey technology solution for their CBD products that not only supplies them with products, but educates and engages their community from the ground up. Our immediate goal is to "cookie cutter" this process and launch more marketplaces in other countries around the world.”
Cannvas MedTech Inc. (CSE: MTEC) (OTC: CANVF), a leading digital cannabis education and analytics company, announced its planned expansion into Europe is on track with a renewed focus on providing consumer-facing intelligent cannabis education to potential and active medical and adult-use cannabis consumers through its international cannabis education platform Cannvas.Me. With its expansion into Germany underway, Cannvas is turning their attention to the United Kingdom as well as other emerging cannabis markets across the EU.
"Over the past few months many progressive European countries began or continued the legalization of cannabis in some form, and there is a responsibility from the government and health care agencies to educate the public about all aspects and applications of this substance," said Shawn Moniz, Chief Executive Officer, Cannvas MedTech. "While we focus on growing Cannvas in such countries as the United Kingdom, Germany and others, we are refining our Cannvas.Me cannabis education platform to intelligently meet the needs of European consumers looking to learn more about cannabis in all its forms."
Global spending on legal cannabis is forecast to be $40.8 billion U.S. in 2024, nearly triple the $14.9 billion U.S. estimated to be spent this year, according to Arcview Market Research and cannabis industry analysis firm BDS Analytics in its annual "State of the Legal Cannabis Markets" report. With European markets expected to end cannabis prohibition and focused on liberalizing medical cannabis markets, Cannvas expects to leverage its Cannvas.Me educational platform and collaborate with local agencies to implement education and awareness campaigns around the potential benefits of cannabis as well as its safe and responsible usage and storage.
With over 350 original and evidence-based educational articles encompassing all aspects of cannabis, Cannvas is refining the machine-learning and AI technologies driving its learning platform to better serve European audiences content addressing their needs. Through the use of intelligent education on its learning platform Cannvas.Me, Cannvas plans on contributing to the cannabis knowledge landscape across Europe by delivering unbiased and evidence-based information relevant to specific concerns of individual users and/or groups of users from the same geographical area.
With recent announcements from governments in Belgium, France, Germany, Luxembourg, Portugal and the United Kingdom expanding their allowance for cannabis, coupled with European expansion plans from leading Canadian cannabis brands such as Tilray and TerrAscend, Cannvas also continues to explore opportunities in central European locations, pending the outcome of ongoing high-level conversations with potential EU partner organizations, for its network of learning kiosks. It's Cannvas Kiosk concept is a cost-efficient and data-driven avenue of cannabis education delivery ready for implementation across health clinics, pharmacies and hospitals, retailers, entertainment facilities, educational institutions and government agencies.
Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced a partnership with the Canadian Mental Health Association ("CMHA"). The initiative, a first of its kind for a leading cannabis company and a national mental health organization, will see the CMHA in collaboration with Spectrum Therapeutics develop an educational content module related to cannabis in the workplace as part of CMHA's Not Myself Today workplace mental health program. The module, slated to launch early next year, will feature a host of physical and digital engagement tools aimed to reduce stigma in the workplace on the use of cannabinoid based medicines. In addition, it will encourage greater healthcare practitioner oversight when patients use cannabis to treat a medical condition. The content will also include video resources featuring medical cannabis subject matter experts and fact sheets that provide detailed information and direct readers to further resources.
"The stigma surrounding medical cannabis and mental illness prevents meaningful action and dialogue among those affected. One of the goals of this partnership is to break that stigma by empowering conversations about mental health informed by evidence-based educational resources," said Dr. Mark Ware, Chief Medical Officer, Canopy Growth. "For Spectrum Therapeutics, this partnership presents a powerful opportunity to improve lives by enhancing physical and mental health through access to education that sparks learning along with conversations about medical cannabis in the workplace."
Estimates suggest one in two Canadians have or will have a mental illness by age 40. Fifty-three percent of Canadians consider anxiety and depression to be epidemic in the country and mental illness is a leading cause of disability claims in the workplace in Canada.
Not Myself Today is an evidence-based initiative designed to help employers and employees transform mental health at work. The program is embraced by more than 500 organizations across Canada and the U.S., reaching more than 350,000 employees. By breaking down barriers and making the topic of mental health engaging and accessible to all employees, Not Myself Today improves mental health literacy, reduces stigma, and shifts workplace culture to be more supportive of every employee's mental health and well-being. For the past six years, the initiative has evolved into a highly-regarded program and counts many of Canada's largest and most respected employers across corporate, government and social sectors as its champions.
"The mental health-care system of the future is not just in clinics or hospitals—it's in settings like the workplace, where we can promote the skills, knowledge and practices that can improve mental health for the broad population instead of limiting our focus to individual patients," said Fardous Hosseiny, interim National CEO, CMHA. "With the support of partners like Spectrum Therapeutics, our Not Myself Today program will educate, reduce stigma, and foster safe and supportive cultures for the one in five Canadians who experience mental illness in a given year—and for the five in five Canadians who have mental health."
Fire & Flower Holdings Corp. and its wholly-owned subsidiary Fire & Flower Inc. (TSXV: FAF), announced that it has received an additional licence to operate a cannabis retail store in Westlock, Alberta from the Alberta Gaming, Liquor and Cannabis Comission (the "AGLC").
Once opened, this store will be the 23rd Fire & Flower branded, licensed cannabis store and will be located at 10111 – 104 Avenue, Westlock, Alberta.
Fire & Flower recently announced its near-term rollout schedule. The receipt of the 23rd licence for a cannabis retail store demonstrates Fire & Flower's commitment to its continued path to rapidly opening cannabis retail stores across Canada.
"The Westlock Fire & Flower location was built out, in advance, in anticipation of the issuance of additional licences by the AGLC. We are seeing cannabis retail store licences being issued at an even more rapid rate than we had initially anticipated once the moratorium on licences had been lifted earlier this year," shared Trevor Fencott, Fire & Flower's Chief Executive Officer. "The recent completion of our $27,000,000 financing positions Fire & Flower to be able to respond to continued growth opportunities in cannabis retail."
Canopy Rivers Inc. (TSXV: RIV) (OTC: CNPOF) announced that its portfolio company, YSS Corp. (TSXV: YSS) has received five cannabis retail licences from the Alberta Gaming, Liquor and Cannabis Commission. The five new licences are located throughout Alberta and will operate under the YSS™ brand name.
"YSS has made tremendous progress building up their retail presence in Alberta – doubling their current AGLC licensed stores to ten," said Narbe Alexandrian, President and CEO of Canopy Rivers. "With plans to have all ten stores open by the end of August, this announcement represents positive momentum for YSS in the second half of 2019."
Canopy Rivers currently holds approximately 8% of the issued and outstanding common shares in the capital of YSS on a fully-diluted basis.
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