Investor
Ideas #Potcasts; #Cannabis News and #Stocks on the Move; (TSX: $FIRE.TO) (CSE: $GGB.C) (CSE: $TRUL.C) (TSXV: $ENW.V)
Delta, Kelowna, BC, December 18, 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 podcast
edition of 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/12181FIRE-GGB-TRUL-ENW.asp
Today’s podcast overview/transcript:
Good
afternoon and welcome to another episode of Investorideas.com
"Potcast" featuring 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.
The Supreme
Cannabis Company, Inc. (TSX:
FIRE) (OTCQX:
SPRWF) announced
today that select brands will be available in Québec and
Newfoundland and Labrador, expanding Canadian distribution to all ten
provinces.
The
Company entered into a letter of intent with Société Québécoise du Cannabis to
supply 7ACRES
products to retail stores across Québec. On November 21, 2019, the Company also
entered into a formal agreement to supply the Newfoundland and Labrador Liquor
Corporation with 7ACRES high -end cultivars.
"With
increased packaging capacity we are pleased to have the recreational supply
necessary to serve new consumers in Québec and Newfoundland and Labrador. As we
enter two new provinces, we continue to benefit from the strength of our
experienced sales team," said Navdeep Dhaliwal, CEO of Supreme Cannabis.
"In anticipation of our 7ACRES brand entering these priority provinces, we
specifically launched strains with east coast consumers in mind."
With
the addition of improved bottling capacity at 7ACRES and both internal and
third-party pre-roll manufacturing capacity, the Company looks forward to
providing a steady supply of premium
cannabis products to both markets. As Supreme Cannabis transitions to 100%
recreational sales, it is well positioned to successfully supply all ten
Canadian provinces.
Supreme
Cannabis' 7ACRES brand is now available in all ten provinces across Canada,
including British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New
Brunswick, Nova Scotia and PEI. The Company continues to evaluate all markets
for its additional recreational brands.
Green Growth
Brands, Inc. (CSE:
GGB)
(OTCQB:
GGBXF) and MXY Holdings LLC announced
today the termination of its proposed business combination as
the market adjusts to the changing macro environment.
"We
are aggressively growing our businesses across America as we drive to become a
leading cannabis retailer in the country," said Peter Horvath, CEO of the
Company. "While we continue to be open to collaborating with other
industry leaders, we need to ensure we are focused on building our operational
strengths, maximize our returns and, most importantly, avoiding excessive
dilution to our shareholder base."
GGB
is continuing with its aggressive growth strategy in both the MSO and CBD
businesses. The MSO business now includes a 47 dispensary rollout in three key
states, and the Company will continue its expansion in this line of business,
opening its remaining 45 dispensaries with the same speed and energy it
dedicated to its North American CBD network.
"As
the market evolves, the attractiveness of our know-how, genetics and premium
quality products in multiple states presents many opportunities as we actively
grow our business and strengthen our relationships with cannabis industry
leaders," said Jordan Lams, Moxie's CEO.
There
is no break fee to be paid in connection with this termination. Green Growth
Brands has agreed to repay the advance of US$5 million by January 31, 2020 and
to reimburse Moxie US$4 million in deal fees on or before July 1, 2020, with
both payments to be made in cash.
Trulieve Cannabis
Corp. (CSE:
TRUL) (OTCQX:
TCNNF), a leading and top-performing cannabis company in the
United States, will
open the doors of its record 42nd Florida location on
Thursday, December 19th in Orange Park. This milestone location comes days
after Trulieve, Florida's largest medical cannabis operator, became the first
licensee in Florida to surpass 40 locations.
Currently,
Trulieve operates 41 other dispensaries throughout the State of Florida,
including in the nearby communities of Jacksonville, St. Augustine, and Palm
Coast. The latest storefront, located on Blanding Boulevard in Orange Park,
supports the company's mission to expand and ensure safe, reliable access for
patients statewide.
"Since
opening our first location, we've focused on delivering strong,
customer-centric experiences in every community we serve. As a result, we've
been fortunate to develop a passionate patient base and our continued growth is
due in large part to that relationship," said Trulieve CEO Kim Rivers.
"Expanding access throughout Florida and offering patients a wide
selection of inventory that they've helped develop is part of our strategic
vision.
Whether
someone is starting their journey towards relief or seeking a new treatment
alternative, our well-trained staff is ready to assist patients at every step
of the process. We encourage all patients to reach out to find out more."
To
celebrate its newest store, Trulieve will be hosting a grand opening on
Thursday, December 19th at 10:00 AM, with press tours of the new dispensary
immediately following. In honor of the grand opening, all patients are eligible
for an in-store 25% discount at the Orange Park location on opening day.
In
stores and online, patients will find Florida's largest selection of THC and
CBD products, available in a variety of delivery methods, including smokable
cannabis, concentrates, tinctures, topical creams, vaporizers, and more.
Trulieve also offers home delivery statewide for patients, and convenient
in-store pick-up at its 42 dispensaries in locations across the state from
Pensacola to Key West.
As
the state's leading medical cannabis provider, Trulieve's employees are
experienced, knowledgeable and eager to help patients. Trulieve encourages
potential patients, as well as patients who are new to cannabis and our wide
array of products, to connect with the staff to learn more.
EnWave Corporation (TSX-V:ENW) announced
today that it has signed a royalty-bearing commercial
license agreement with Responsible Foods ehf to produce Radiant Energy Vacuum
dried snacks and ingredients using premium Icelandic raw materials.These
REV™-dried applications will be sold in both domestic and international
markets. Under the terms of the License, Responsible Foods purchased a 10kW
commercial REV™ machine to initiate production in Iceland.
The
License grants Responsible Foods the exclusive right to process a variety of
unique and healthy food products in Iceland including, but not limited to,
dairy products, seafood, meat, microalgae and seaweed, and a variety of herbs,
berries and mushrooms native to Iceland. These REV™ dried products can be sold
as ingredients or retail consumer products around the world.
This
License is the first signed by EnWave in Iceland and 36th world-wide
further proving the value proposition of REV™ technology as a tool to create
innovative, premium food applications.
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
Learn more about
our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
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