Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 502 (TSX: $KHRN.TO) (OTCQX: $KHRNF) (CSE: $NOVA.C) (CSE: $TNY.C)
Delta, Kelowna, BC, December 1, 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:
https://www.investorideas.com/Audio/Podcasts/2020/120120-StocksToWatch.mp3
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at https://www.investorideas.com/news/2020/cannabis-potcasts/12011KHRN-KHRNF-NOVA-TNY.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 will be looking at a few private and public company
announcements.
Khiron Life
Sciences Corp. (TSXV:
KHRN) (OTCQX:
KHRNF), a vertically integrated cannabis leader with core
operations in Latin America and Europe,
announced the opening of its first Zerenia clinic in Medellin,
Colombia´s second largest city with reach to over 6 million residents in the
region.
The
Medellin clinic, with a grand opening planned for December 8, 2020, supports
Khiron´s goal of expanding regional access to the Company's proven clinic
services and medical cannabis products for patients across the country, with a
focus on in-person and telehealth services in Colombia's largest urban centres.
The clinic is conveniently located in the San Diego sector of the city, minutes
from downtown with access to public transit and walking distance to major
business and residential areas.
"We
launched our Zerenia operations in Bogota in Q1 2020 and in Q2 our Dr. Zerenia
telehealth operations began. The clinic data quickly showed that more than 25%
of patients were accessing our telehealth services from outside of Bogota. Once
proven successful, Khiron will continue to expand its regional presence, in
Colombia and beyond," comments Alvaro Torres, Khiron CEO and Director.
The
Zerenia Medellin clinic will be the first in the city, expanding national
access and improving the quality of life of patients in the populous Antioquia
region. The clinic will provide face-to-face care and teleconsultation through
the Doctor Zerenia platform and physical consultation, connecting patients with
medical specialists trained in the ethical, safe and responsible prescription
of cannabis-based medications, and in the comprehensive treatment of pathologies
such as chronic pain, anxiety, insomnia, depression, headache, epilepsy and
Parkinson's.
Dynaleo,
Canada's highest-capacity manufacturer of premium cannabis-infused soft chews, announced that it
has received its sales license from Health Canada, effective November 27, 2020.
The license allows Dynaleo to supply and sell cannabis edibles to provincial,
territorial and private wholesalers the country over.
"This is a significant moment
for Dynaleo as we work toward being the Canadian leader in adult premium
cannabis-infused soft chew products. The Health Canada sales license is the final
step in a process that now allows us to enter the Canadian market where we
believe we can fill a need for high-quality recreational and wellness
cannabis-infused products," says Dynaleo Executive Chairman Michael
Krestell. "I am extremely proud of the entire Dynaleo team that has once
again delivered exceptional results and we are looking forward to beginning
commercial production this week."
In addition to producing its own
branded products, Dynaleo has supply agreements in place with Pantry, a premium
cannabis-infused food brand based in California, and High 12 Brands, a Canadian
consumer packaged goods cannabis company.
Founded in 2018, Dynaleo is a
privately-owned cannabis edibles company specializing in the development and
manufacturing of custom THC & CBD infused confectioneries. Its 26,000
square-foot Edmonton facility includes a specialized production line capable of
producing a high volume of cannabis-infused gummies for private label partners
and in-house brands.
With its sales license now in hand,
Dynaleo expects its products will soon be available in authorized retail and
online locations.
Nova
Mentis Life Science Corp. (CSE:
NOVA) (OTC:
LIBFF) announced that,
further to its news releases dated November 2 and November 18, 2020, the
amalgamation between Pilz Bioscience
Corp. and 1271642 B.C. Ltd., a
wholly-owned subsidiary of the Company, has been completed.
Strategic and value enhancing
benefits of the Transaction include:
● NOVA
gains Pilz' work-in-progress research and scientific portfolio in addition to
approximately $1.4M CDN in cash assets;
● Enhances
and diversifies NOVA's mandate within the emerging medicinal psychedelic
sector;
● Bolsters
human capital with personnel who have extensive experience in pharmaceutical
research, FDA regulatory affairs, drug delivery and drug discovery; and
● Near
term corporate catalysts as Pilz advances its pre-clinical and potential
clinical medicinal psychedelic focus.
Pilz is a research driven
biotechnology company that aims to develop medicinal psychedelics for
neuroinflammatory conditions with a significant cognitive component and high
unmet therapeutic needs. Pilz's focus is
on Autism Spectrum Disorder (ASD), and its initial research has centred on
developing a unique and proprietary system for diagnosing and treating ASD,
with first-in-class psilocybin-based therapeutics.
The Pilz research and development
program is led by the distinguished Dr. Marvin S. Hausman MD. Dr. Hausman is an
Immunologist and Board-Certified Urological Surgeon with more than 30 years of
drug research and development experience with various pharmaceutical companies,
including Bristol-Myers International, Mead-Johnson Pharmaceutical Co., E.R. Squibb,
Medco Research, and Axonyx.
Dr. Hausman is well-supported in his
research efforts at Pilz, by Dr. Julia Perederiy, an established research
neuroscientist, and Dr. Viviana Trezza, Head of Pharmacology, Roma Tre
University, Rome, Italy. The goal of both scientists is to investigate the
brain mechanisms underlying functional and dysfunctional socio-emotional
behavior, especially in Autism Spectrum Disorder (ASD).
Peak
Processing Solutions (Peak), a wholly owned subsidiary of Australian
pharmaceutical company Althea Group Holdings Limited (ASX:AGH) announced that it
has entered an agreement with the
Tinley Beverage Company (CSE:TNY) (OTC:TNYBF) for
the manufacture and distribution of three non-alcoholic, cannabis-infused
beverages for the Canadian adult-use cannabis market - being Tinley's™ '27
elixirs, Coconut Cask, Cinnamon Cask and Almond Cask.
Peak's facility is uniquely
configured to manufacture Tinley's complex recipes and support the packing in
the 150 mL bottle format that Tinley's will use for the Tinley's '27 drinks in
Canada. Under the Agreement, Peak holds
exclusivity for the manufacture and distribution of these three Tinley's
products in Canada until Tinley's meets established minimum orders. The
agreement is for a 3 year period.
Late last year, Tinley's won the
coveted Gold and Silver awards in California's Emerald Cup, the largest
cannabis competition in the world. The
products being produced by Peak include the Canadian version of award-winning
Coconut Cask, a Caribbean coconut
elixir. Other products include an
Italian-inspired, almond, apricot and vanilla elixir and a cinnamon-barrel
elixir. All contain a
scientifically-advanced emulsion designed to enable consumers to enjoy an
uplifting, broad-spectrum effect with
rapid onset. The technology also enables
consistent dosing, even dispersion of active material throughout the product,
and shelf stability.
Commenting
on the Agreement, Peak's Founder and President, Gregg Battersby, said: "The
Agreement with Tinley's is yet another key milestone for Peak. Tinley's has consistently demonstrated the
ability to introduce products to market that are best-in-class. Tinley's
products have developed a significant following and we are pleased to be a part
of the international expansion of their established line of products. We look
forward to building a strong long-term partnership with the Tinley's team. This
Agreement represents further proof of concept of Peak's white label
manufacturing strategy; the cannabis 2.0 products space represents ample
opportunity for existing consumer packaged goods groups to expand their
markets, and we have all the capabilities and expertise to support those
expansions."
Tinley's
President of California, Rick Gillis, said: "The Agreement
with Peak is an exciting step for our company, as we seek to further drive
geographic expansion through launch of our second product family in the
Canadian market. Peak's facility and
team of professionals deliver the world class standard of Cannabis 2.0
co-packing services that we're working to provide at our own licensed
co-packing facility in Long Beach, California.
Peak's team has already demonstrated expert capabilities with the depth
and rigor required to produce our sophisticated formulations in a compliant and
consistent manner. Our team is confident
that they can support the growth and scalability we anticipate requiring to
execute in Canada's booming infused drink category in the months and years to
come."
48North,
Aurora Cannabis, Aphria Inc., Canopy Growth, Cronos Group – and the Cannabis
Council of Canada ('C3'), have
partnered to pilot a national vape recycling program that will
help consumers dispose of vape hardware safely and responsibly. The program
will supply cannabis retail locations with countertop collection boxes and will
be rolled out to more than 200 stores across British Columbia, Alberta, and
Ontario. Participating retailers will accept disposable vape pens, vape
batteries, and cartridges from all brands.
The industry enlisted Quantum
Lifecycle Partners ('Quantum'), a leading Canadian e-recycling provider with
the expertise to properly handle the various elements embedded in vape
technology. "This initiative signals an important step in developing
shared solutions so that the industry can meet stewardship responsibilities on
a collective basis," said George Smitherman, President and CEO of the
Cannabis Council of Canada. "We've seen past leadership on recycling from
individual companies within the sector that made today possible,"
Smitherman noted.
Clayton Miller, Vice President,
Business Development, Recycling for Quantum explains, "We achieve a high
rate of recycling by sorting, separating and processing the various vape
components into base commodities that can be reused in new products again and
again." Miller also remarked, "Quantum is really happy to be part of
the solution and congratulates the LPs and industry that have stepped forward
and taken this leadership position."
"It feels good to be
collaborating with industry on solutions that help consumers recycle their
vapes," said Steven Fish, Senior Manager of Corporate Social
Responsibility for Aurora Cannabis – and a catalyst for the program. "We
will learn how much material can be recovered during this pilot project and
where we can take this partnership next," he added.
C3 is the national industry
association for licensed producers of cannabis. The Council is preparing to
launch a Sustainability Caucus in order to prepare the sector for enhanced
leadership related to environmental initiatives undertaken at the national,
provincial, and territorial levels.
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