Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 438 (NASDAQ: $VFF)
(CSE: $NOVA.C) (CSE: $LOVE.C) (OTCQB: $MGWFF)
Delta, Kelowna, BC, July 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 http://www.investorideas.com/news/2020/cannabis-potcasts/07081VFF-NOVA-LOVE-MGWFF.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 company announcements.
Village
Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) announced that it has executed a definitive
agreement with DutchCanGrow Inc., a Netherlands-based cannabis enterprise, to
become one of six equal shareholders in DCG owning just under 16% each, with a
seventh shareholder owning 5%. DCG is
pursuing the opportunity to become one of a limited number of licensed cannabis
growers (up to a maximum of 10) when the Dutch government permits the first
legal recreational cannabis market in Europe under its 10-city Experiment to
Investigate Closed Cannabis Supply Chains (the "WECG").
If successful in receiving a license
from the Dutch government when awarded later this year, DCG plans to construct
and operate a specialized cannabis greenhouse facility in the Netherlands and
develop, produce and market a variety of safe, high-quality cannabis products
to supply this new legalized market. Since 1976 in the Netherlands, a cannabis
policy has been in effect regarding cannabis, under which the sale of cannabis
at "coffee shops" is tolerated but the cultivation of cannabis is
illegal. In 2019, in response to concerns around product safety (ingredients,
additives, contaminants) and increasing criminal involvement related to
cannabis cultivation, the Netherlands' House of Representatives approved the
WECG as an intermediary step to address the lack of quality standards and
societal impact of crime related to cannabis.
Under the WECG, which will be in
effect for a minimum of four years following a one-year preparation period, all
coffee shops in the 10 selected cities (currently 78 coffee shops in total)
will be legally required to purchase all of their cannabis exclusively from the
approved, federally licensed producers ("LPs"). The supply requirement for the current scope
of the WECG is estimated to be approximately 65,000 kilograms of dried cannabis
annually. The WECG will be formally evaluated by the Dutch government during
the third year of the program, with the potential to expand it from the initial
10 cities to a national program, encompassing all coffee shops in the
Netherlands (currently totalling 580).
"Our investment in DutchCanGrow
is a momentous first step in leveraging all that Village Farms has accomplished
in Canada to become a leader in the burgeoning international cannabis
industry," said Michael DeGiglio, CEO, Village Farms International. "DCG is an outstanding opportunity for
Village Farms, not only providing potential access to the very first legal
recreational cannabis market in Europe with the possibility of significant
expansion within the Netherlands itself, but also to springboard to future
legal cannabis opportunities in other markets in Europe, and around the
world."
Mr. DeGiglio added, "We are
very proud to have been selected by DCG from amongst a number of well-known
Canadian LPs that were vying for this unique and exciting opportunity. Village
Farms' very own roots as one of North America's largest and most successful
greenhouse produce growers go back to Holland.
A number of our most experienced people are multi-generational Dutch
growers who brought with them to Village Farms the deep cultural know-how of
The Netherlands. To this day, we have strong, enduring relationships with the
Dutch growing community, and we are proud to now share the specific expertise
we have gained through building Pure Sunfarms into Canada's premiere cannabis
supplier. We look forward to working
with this incredible group of partners at DCG, which brings together formidable
expertise across a range of disciplines critical to the success of this
venture."
Nova
Mentis Life Science Corp. (CSE: NOVA) (OTC: LIBFD) announced that Mr. Robert W.E. Laurie has been
re-appointed Advisory Board Chair and additionally appointed Psychedelics Regulatory Advisor.
Robert W.E. Laurie is an
international lawyer, qualified in England and called to the British Columbia
Bar. Mr. Laurie founded Ad Lucem Law Corporation in Vancouver in 2013 and his
legal practice focuses on commercial business, government, regulatory issues,
plus charter and constitutional legalities surrounding cannabis and psychedelic
plant medicines.
Mr. Laurie serves as a Board Advisor
to the Multidisciplinary Association for Psychedelic Studies (MAPS) Canada,
Steve DeAngelo's Last Prisoner Project, SPORE Denver and is Legal Advisor to
the Heroic Hearts Project UK. He is one of the Founding Partners with Dr.
Dennis McKenna of the McKenna Academy of Natural Philosophy. He serves as a
Director with Jay DeMerit and Ashleigh McIvor's Rise and Shine Foundation and
Rex Weyler's Ecuador Amazon Restoration Project. Mr. Laurie holds an M.A.
(Hons) Juris from the University of Oxford (St. Edmund Hall) and B.A. (Hons) in
Political Science and International Relations from the University of British
Columbia.
Mr. Laurie has been working and
advocating tirelessly as a lawyer to improve medical patient access to
cannabis, psychedelic and sacred plant medicines and to facilitate the reform
of drug laws for the betterment of society. He and his legal practice, Ad Lucem
Law Corporation, recently joined Dr. Bruce Tobin's Charter litigation team and
the TheraPsil Alliance, who are challenging in Federal Court the constitutional
validity of the government's absolute prohibition concerning compassionate
medical access to psilocybin. His goal is to help provide more options for
doctors and treatments for patients dealing with end-of-life anxiety and
depression, and other types of treatment-resistant depression, addiction, and
PTSD.
"We are excited that Robert
will continue his role as Chair of Nova Mentis' Advisory Board along with the
added responsibility of Psychedelics Regulatory Advisor," said Will
Rascan, CEO & President of NOVA.
"There are very few individuals with Robert's in-depth experience
and contacts in both the psychedelics and cannabis sectors. With Robert having joined Dr. Bruce Tobin's
Charter litigation team, he brings a unique perspective which is evident in his
recent Psyched2020 webinar presentation."
Click link to view: https://www.youtube.com/watch?v=4fb8PDA-X7g
Nova Mentis Life Science Corp.
(formerly Liberty Leaf Holdings Ltd.) is a Canadian-based, public company whose
focus is to build and support a diversified portfolio of health and wellness
businesses. Key holdings include its wholly-owned subsidiary, Nova Mentis
Biotech Corp., a R&D driven company focused on exploring the
anti-inflammatory effects of psilocybin in underexplored metabolic indications
such as obesity and diabetes – Just Kush Enterprises, a Health Canada Standard
Licensed facility focused on the cultivation of AAAA premium, small batch,
terpene rich Kush dominant cultivars cured to perfection.
Cannara
Biotech Inc. (CSE: LOVE) (OTCQB: LOVFF) announced today it has closed on its
previously announced offer to acquire all of the issued and outstanding shares
of Global shopCBD.com Inc. not already owned by Cannara.
Global, through its wholly-owned subsidiary,
operates an online e-commerce platform focused on tapping into the U.S. hemp
CBD market, offering curated selections of top tier products in a fast, secure
and reliable transaction.
Pursuant to the terms of a share
exchange agreement dated May 26, 2020 among Cannara, Global and the
shareholders of Global, Cannara has acquired 99.8% of the issued and
outstanding shares of Global that it did not already own in consideration for
the issuance of 23,145,110 common shares of Cannara pro rata to the shareholders
of Global at a deemed price of $0.10 per share.
The Payment Shares are not subject
to any hold periods under applicable securities laws.
Further information can be found on
Cannara's SEDAR profile at www.sedar.com.
Maple
Leaf Green World Inc. (NEO: MGW) (OTCQB: MGWFF) announced the launch of a new website for its
CBG Hemp Project under the name of its subsidiary, Golden State Green World.
The new website is at https://www.gsgreenworld.com. Since the start
of the CBG Hemp Project, the Company has been receiving numerous international
inquiries about its La Crème CBG products. This website will focus specifically
on the CBG Hemp Project and provide purchasing details, information, pictures, progress,
and updates for interested parties.
The Company also announced that all
5 greenhouses have been planted to full capacity with La Crème. The plants in
the first greenhouse have entered into the flowering stage and will be ready to
harvest sometime in August. Some strong and healthy plants have been selected
to continue its lineage as the mother plants and this process will continue
throughout the season.
Two prospective clients have
requested a site tour of the Company’s CBG Hemp Project site at California and
have been scheduled for within these 2 weeks. Maple Leaf is extremely
optimistic about the medical and therapeutic potential of CBG as more research
is conducted and the awareness grows. The Company is thrilled to be emerging as
one of the few high quality CBG cultivators in the United States and one of the
few growers cultivating La Crème.
For updates regarding the California
CBG Hemp Project, please visit https://www.gsgreenworld.com.
For further information and updates
regarding the Company, please visit www.mlgreenworld.com.
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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