Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 447 (TSX: $WEED.TO)
(NYSE: $CGC) (NASDAQ: $GNLN) (CSE: $CRFT.C) (OTCQB: $GPFT)
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https://www.investorideas.com/Audio/Podcasts/2020/072820-StocksToWatch.mp3
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at https://www.investorideas.com/news/2020/cannabis-potcasts/07281WEED-CGC-GNLN-CRFT-GPFT.asp
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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 company announcements.
Canopy
Growth Corporation (TSX:
WEED) (NYSE:
CGC),
a world-leading diversified cannabis, hemp, and cannabis device company, announced the launch
of its new U.S. e-commerce website: ShopCanopy.com.
ShopCanopy serves as the online home
for Canopy Growth's growing portfolio of U.S. hemp-derived CBD product lines,
and a one-stop shop for over 25 product SKUs from brands such as First &
Free, This Works, and BioSteel. The site will continue to feature new brands
from Canopy Growth, including the highly anticipated launch of Martha Stewart
CBD.
"We're pleased to offer our
customers a convenient, one-stop destination for exploring and purchasing Canopy
Growth's products in the U.S.," said Sol Clahane, Vice President and
General Manager – US Region, Canopy Growth. "As our exciting portfolio of
hemp-based CBD products continues to grow and diversify, it's our ambition to
offer competitively-priced, high quality products for each consumer need state
and price point."
The intuitive, easy-to-navigate site
allows consumers to search by brand or product category, such as softgels,
oils, topicals or sport. ShopCanopy also features a robust educational component
with more than 75 FAQs, blog posts and informative CBD educational material.
The content provides consumers with an accessible, transparent, and trustworthy
resource for science-backed information on CBD safety, dosing, benefits,
product quality and more.
"We know consumers are looking
for products they can trust in the nascent CBD industry," continued
Clahane. As an industry leader, we see an opportunity to build brand loyalty by
dealing directly with consumers through an e-commerce platform that brings
Canopy Growth's entire product portfolio together in one place for the first
time."
Canopy Growth is committed to
selling only high-quality, tested and reliable products, and ensuring it makes
no claims unless clinically validated. Every product sold on ShopCanopy will be
accompanied by a Certificate of Analysis, which provides consumers with a
complete list of third-party verified ingredients and testing to certify
precise and accurate labeling of cannabinoid content, purity and safety. Canopy Growth only sells CBD products in
states where it is permissible under state law in order to ensure compliance
with state consumer protection mandates and following the most stringent state
laws regarding sale of CBD. The Company is also abiding by existing FDA
regulations for manufacturing, labeling and marketing dietary supplements.
For more information, or to
purchase* Canopy Growth products, visit www.shopcanopy.com.
Greenlane
Holdings, Inc. (NASDAQ:
GNLN), one of the largest global sellers of premium
cannabis accessories, child-resistant packaging, and specialty vaporization
products, today announced the
launch of VIBES™ Cubano Cones and a new VIBES apparel collection featuring six
unique designs across 25 items. VIBES Fine Rolling Papers is a joint venture
between Greenlane and Berner the extremely influential rapper, serial
entrepreneur, and founder of Cookies. Cultivated and crafted in France, and
then cut and kitted in the Dominican Republic, VIBES offers a curated
assortment of premium cones, rolling paper and branded accessories with a
mission to create the ultimate smoking experience for connoisseurs.
“We created and curated VIBES papers
for the connoisseur with the goal of bringing true innovation to the industry.
With the introduction of The Cubano, we have innovated upon the standard width
and size of a traditional cone. We believe The Cubano uniquely compliments our
generation, culture, and my cannabis brand: Cookies. I couldn’t be more excited
to roll out The Cubano globally,” said Berner, CEO and Co-Founder of VIBES
Rolling Papers.
The Cubano Cone is longer than a
king size paper and significantly wider in diameter. Each cone is meticulously
hand rolled with a structure capable of maintaining its shape when packed while
the draft angle ensures it burns consistently all the way through. The Cubano
is available in all three VIBES paper blends, Ultra Thin, Hemp, and Rice, and
can hold up to 8 grams of dry material. As with all VIBES paper products, The
Cubano uses all-natural acacia tree gum for a perfect seal. They are currently
available in limited quantities through select authorized retailers, and
vibespapers.com.
VIBES launched in 2019 and has
gained a strong reputation for producing superior quality papers and connecting
with consumers in an authentic way. VIBES apparel and accessories have allowed
the company to make the jump from rolling papers to establishing itself as a
genuine lifestyle brand.
In addition to its new Cubano Cones,
VIBES will drop a new apparel collection on its website VibesPapers.com on
Friday, July 31st.The collection consists of six new designs: GOAT, Cheetah,
3D, Joint Cloud, Queen, and Block spread across 25 items including shirts,
hoodies, sweatshirts, fleece pants, and more. The featured graphics were crowd
sourced through VIBES’ Instagram art contest held earlier this year in March.
This new apparel collection expands on VIBES’ line of premium branded
accessories. Visit VibesPapers.com after Friday, July 31st, to shop these
products and more.
BC
Craft Supply Co. Ltd. (CSE:
CRFT) announced its
first purchase of premium artisanal organic cannabis. BC Craft has purchased 29kg of BC Original
Glue, which is pure organic, hand-trimmed, dried flower produced by Coast
Mountain Cannabis. The flower will be packaged in beautiful 3.5 gram jars and
in premium pre-rolls. BC Craft partnered
with Indiva Limited under a master processing agreement (“MPA”) that was
announced on May 13, 2020, to facilitate the processing and sales of premium
cannabis procured through BC Craft’s vast network of artisanal craft
cultivators. Under the MPA, Indiva brings state of the art processing, sales,
and national distribution, which will allow micro and small scale cultivators
access to the national recreational market and greater visibility for their
brand and quality craft product.
BC Craft offers preferential payment
terms for flower, with a 50% deposit and 50% payment within 30 days, thus
allowing the Company to partner with premium small scale craft cultivators
nationwide. BC Craft’s CEO, Matthew Watters stated, “Many of our suppliers have
faced significant challenges when entering the regulated market. We chose these
terms because while it is reasonable and advantageous for the Company, it also
helps the cultivator. Most small batch
cultivators are family run businesses and at BC Craft we believe that they
deserve to be paid on time and at a fair price.”
CMC is a licensed boutique indoor
cultivation facility located in Pemberton, B.C. nestled in the heart of the
British Columbia’s Coast Mountain range. CMC’s team takes great pride in
producing high quality organic cannabis which is reflected in their latest test
results. CMC’s founders have deep roots
in the Sea-to-Sky corridor; they came together with a shared vision and mission
to build a leading edge facility, which respects the traditions of the industry
and grows the best organic cannabis. At
CMC, innovation and sustainability are at the heart of what they do. As champions of their community and the
surrounding environment, they pride themselves on being a craft, ultra-premium
producer, employing the best talent in the industry, and delivering a superior
product and experience to their customers.
Matthew Watters, CEO further stated,
“This is a pivotal moment in BC Craft’s vision and mandate to bring the highest
quality artisanal cannabis into the legal market and serves to validate the
Company's long term business model.”
Zylö
Therapeutics Inc., developer of the transformational Z-pod™
topical delivery platform, announced that it
has entered into an exclusive agreement with Grapefruit USA, Inc. (OTCQB:GPFT) to
supply its Z-pod™ system as the technological underpinning of
Grapefruit’s Hourglass™ time-release cannabinoid topical cream.
Zylö’s patented Z-pod™
system is formulated such that it enables a Patchless Patch™ product
concept, whereby a topically applied cream provides ‘patch-like’ sustained
release of a payload—such as cannabinoids or lidocaine—but without the hassles,
inconvenience, and disposal issues of a patch. With certain payloads, the Z-pod™
delivery system also increases dermal penetration, improves stability, and/or
enhances overall bioavailability.
Grapefruit, which holds licenses in
California and Illinois to manufacture and distribute cannabis products (see www.grapefruitblvd.com), has
exclusivity initially in these two states and has certain rights to expand the
territory of exclusivity to other states and to Canada and Mexico. Canada has a
well-established legalized cannabis marketplace, and it is anticipated that
Mexico will legalize cannabis in the near future.
Grapefruit plans to introduce
Hourglass™ on a limited basis to the California retail market by the
end of the third quarter and to ramp up production and delivery of the product
shortly thereafter. The architecture of the Hourglass™ delivery
cream provides Grapefruit with the ability to formulate variations of its
Hourglass™ product concept by loading the cream with unique blends
of cannabinoids that its customers deem to be efficacious for a given
application or desired result.
Scott Pancoast, Zylö’s CEO and
founder, stated “We are enthusiastic about this partnership with Grapefruit and
believe their Hourglass™ Topical Delivery Cream will be a
game-changer in the recreational/medicinal full-spectrum cannabis market given
the extraordinary advantages over traditional methods of consuming cannabis. We
look forward to a long and expanding relationship with the Grapefruit team.”
Added Bradley J. Yourist,
Grapefruit’s CEO, “We are excited and proud to have completed the developmental
phase of Hourglass™, our breakthrough full-spectrum cannabinoid
time-release topical delivery cream based on Zylö’s patented xerogel silica
delivery system. We have developed an incredible collaborative working relationship
with the Zylö team of scientists, which is evidenced by the scope of our
agreement. We believe that Grapefruit’s Hourglass™ topical delivery
cream is a truly disruptive, breakthrough technology, one that fundamentally
changes the way individuals will use cannabinoids to obtain their unique
benefits. Destructive and socially distasteful smoking of cannabis flowers and
consumption of edibles that are metabolized unevenly are simply no longer
necessary to enjoy both the medicinal and recreational benefits of
cannabinoids. Furthermore, Grapefruit’s Hourglass™ Topical Delivery
Cream offers cannabis users a heretofore unattainable level of discretion and
anonymity. For example, fellow airline, train or ship passengers, concert
goers, and movie or theatre attendees will not be able to detect any telltale
odors normally associated with cannabis use.”
Investor ideas reminds all
listeners to read our disclaimers and disclosures on the Investorideas.com
website and that 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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