Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 396 (CSE: $BEV.C)
(CSE: $THC.C) (TSX: $FAF.TO) (TSXV:
$VLNS.V) (OTCQX: $VLNCF) (TSXV: $RLV.V)
Delta, Kelowna, BC, April 8, 2020 (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/2020/cannabis-potcasts/04081BEV-THC-FAF-VLNS-VLNCF-RLV.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 public announcements from earlier this week.
BevCanna
Enterprises Inc. (CSE:BEV) (OTCQB:BVNNF) announced the debut of its latest
cannabis-infused beverage brand, Jase™.
Created with an
appealing pomegranate lemonade flavour, Jase will be available for sale in
licensed dispensaries in California this year. Jase will be offered in a
ready-to-mix single-serve powder, infused with 10 mg of THC, and available in
10-pouch box.
The Jase brand
distinctly evokes "California Cool" - the endless summer sun combined
with a vibrant hedonism. The mood is upbeat. The style, bold. The attitude,
confident. Coined from
"ganja", the Sanskrit word for hemp or cannabis, and the word
"base", Jase suggests a brand that is approachable, upbeat and bold.
"When
conducting our North-America wide consumer study, it was quickly apparent that
lemonade was seen as one of most popular flavours," said John Campbell,
Chief Strategy Officer at BevCanna. "We were inspired by the idea of
creating a vibrant, bold lemonade beverage that consumers could enjoy on
sociable occasions, and we liked the idea of it being easily portable.
Consumers can add the powder to their choice of still or sparking waters to
create a personalized experience."
Developed in
response to BevCanna's extensive North American-wide consumer study, which
focused on product and consumption preferences within the cannabis-infused
beverage market, Jase joins BevCanna's roster of recently released ready to
drink brands, including the Anarchist Mountain Beverages™ line of botanical-flavoured
sparkling beverages and the Grüv Beverages™ line of iced teas.
THC BioMed Intl
Ltd.
(CSE: THC)(OTC: THCBF) announced that its new cannabis beverage, THC
Kiss, will be available for sale to Medical Patients this week. THC BioMed expects
to begin its rollout of THC Kiss to the recreational market over the next few
weeks.
THC
KISS is a brand new cannabis beverage that is unlike those currently available
in either the grey or legal cannabis markets. THC Kiss was developed by THC
BioMed using proprietary extraction methods invented by THC BioMed.
"We
remain a true cannabis company. We are passionate about cannabis and apply a
deep understanding of it in our operations. Our operational procedures have
proven successful and we have demonstrated that we have the ability to scale at
low cost while producing the finest quality cannabis at a very reasonable cost
to the end consumer," said John Miller, President & CEO of THC BioMed.
"The launch of this product is an important milestone for the Company. We
continue to fully focus on sustained growth and profitability as we
aggressively increase our market share."
THC
Kiss will sell at compassionate pricing for registered medical patients at
$4.20 per 30ml beverage containing 10 mg of THC.
Fire
& Flower Holdings Corp. (TSX: FAF) and its wholly-owned subsidiary Fire
& Flower Inc., announced that its stores in Ottawa and
Kingston, Ontario will offer online ordering and payment, curbside pickup and home
delivery for cannabis products through the Spark Fastlane™ service available
through Spark Perks™.
Fire & Flower's
Ottawa and Kingston locations will re-open using the Fastlane service on April
9, 2020 for online orders that may be picked up using the curbside service to
ensure the health and safety of our customers and team members. The Company
anticipates free home delivery services to be available at its earliest
opportunity. Details on the free home delivery service will be available on the
Fire & Flower website at www.fireandflower.com.
On April 7, 2020,
the province of Ontario announced that an emergency order was approved by the
provincial cabinet that allows cannabis retail stores to safely operate through
online, curbside pickup and home delivery services, for the duration of the
government's emergency order on business closures in relation to COVID-19.
In anticipation of
this potential announcement, the Fire & Flower and Hifyre™ teams have been
working to build operating procedures and technology that serves customers
through online payment, curbside pickup and home delivery services. Earlier
this week, the Company announced these programs were launched in the province
of Saskatchewan and are successfully being used by consumers in that market.
The launch of these programs in the province of Saskatchewan enables Fire &
Flower to rapidly deploy in the province of Ontario and other jurisdictions
that may allow for curbside pickup and home delivery.
"Fire &
Flower congratulates the province of Ontario and in particular, Premier Doug
Ford and Attorney General Doug Downey for their leadership in taking this
significant step to allow for home delivery by private cannabis retailers.
These actions are critical to ensure that residents of Ontario have access to
safe, legal cannabis in ways that protect public health. This is a very
positive step in the continued elimination of the illegal, unregulated market
which poses an additional threat to public health during this pandemic,"
shared Trevor Fencott, Chief Executive Officer of Fire & Flower. "The
ability of the Fire & Flower operations and Hifyre digital teams to rapidly
respond demonstrates the resiliency of both our people and our business
systems. We are grateful for the opportunity to do our part and demonstrate how
private retail can provide best-in-class home delivery services in a safe and
responsible manner to cannabis consumers."
Fire & Flower
has a distinct competitive advantage as online ordering, curbside pickup and
delivery become available through its ability to communicate with more than
90,000 members in the Spark Perks program. The Spark Perks program provides a
robust channel to communicate with consumers, understand their needs and preferences
and drive consumer traffic digitally.
Valens GroWorks
Corp. (TSXV: VLNS) (OTCQX: VLNCF) announced that it will begin production of
hand sanitizer liquid with an initial 1,300 litre-batch at its Kelowna facility
to help alleviate product supply shortages as a result of the COVID-19 health
crisis.
The
Valens Company will bottle and donate 40,000 bottles of hand sanitizer in
various formats to frontline health care workers across Canada. The Company is
focusing on British Columbia, Alberta and Ontario for distribution, as well as
providing 10,000 units to Shoppers Drug Mart to aid their public-facing workers
at pharmacies across Canada. Simultaneously, the company is working with
hospital networks, all essential services and various associations servicing
the vulnerable, to distribute supplies to those who need it most.
Valens
has also donated significant quantities of various personal protective
equipment (PPE) such as gloves, gowns, and sanitizing wipes from the Company's
existing supply. The Company is also expecting a second shipment of PPE gear,
including masks, which will also be donated to healthcare workers.
"We
at The Valens Company recognize the urgency in assisting our communities across
the country during this critical phase of the COVID-19 pandemic," said
Tyler Robson, CEO, The Valens Company. "We consider it our corporate
responsibility to leverage our existing extraction and production capabilities
to distribute products that have the potential to fight the transmission of
this virus. We are quickly mobilizing our teams and resources to alleviate
essential supply shortages and contribute as much as we can to those selflessly
helping on the frontlines."
Relevium
Technologies Inc. (TSXV:RLV) (OTC:RLLVF) announced that it has secured the natural
product number (“NPN”) for the Canadian market and is ready to launch the
product for Canadian customers.
Relevium
is leveraging product formulation and manufacturing expertise of its integrated
supply chain in Montreal to commercialize the newly announced Bioganix®
CleanCare hand sanitizers that effectively kills 99.9% of germs and bacteria.
The Company, through its local manufacturing partner, has secured Health Canada
Natural Product Number (“NPN number”) and will begin accepting pre-sale orders
on a first-come, first-served basis.
“In
conjunction with our manufacturing partners, we are very pleased to have the
opportunity to introduce Bioganix® trusted products into the Canadian market,”
stated Aurelio Useche, CEO of Relevium. “Given the recent tensions between
Canada and the US due to the scarcity of supply of essential COVID-19 infection
prevention products and in order to support local businesses, we have decided
to manufacture locally for each market. Our products will be offered initially
online, with plans to offer as well through specialty retail brands,” added Mr.
Useche as he commented on the Company’s distribution strategy.
Investor
ideas reminds all listeners to read our disclaimers and disclosures on the
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