Friday 28 May 2021
New #Stocks to Watch at Investor Ideas in Cannabis (CSE: $MARY.C) (Nasdaq: $FLGC), Tech (Nasdaq: $JWEL) (NYSE: $TUYA) & Biotech (Nasdaq: $UPC) (Nasdaq: $GANX)
New #Stocks to Watch at Investor Ideas in Cannabis (CSE: $MARY.C) (Nasdaq: $FLGC), Tech (Nasdaq: $JWEL) (NYSE: $TUYA) & Biotech (Nasdaq: $UPC) (Nasdaq: $GANX)
Also new stocks in mining, natural gas, water, wine and restaurants
Point Roberts WA, Delta BC, May 28, 2021 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading retail investor and trader resource, announces its weekly roundup of stocks to watch in Cannabis, Tech, Biotech, Mining, Natural Gas, Water, Wine and Restaurants. Today’s stocks have been added to our lists of free stock directories in each sector.
Read this in full at https://www.investorideas.com/news/2021/main/05281Stocks.asp
This week’s new companies cover a wide-range of sectors and include many recent Nasdaq/NYSE IPOs.
Other new companies are Canadian-listed and are involved in the helium, cannabis and water sectors.
New Stocks added to Cannabis Stocks Directory:
Mary Agrotechnologies Inc. (CSE:MARY) is in the business of developing affordable, automated, yet aesthetically appealing technologies for communities to grow all kinds of produce regardless of local climate. The Company's signature product, Mary Model Z ("Model Z"), is a grow box, which is a small enclosed system for growing plants indoors or in small areas. Model Z is designed for consumers, takes advantage of the legalization of cannabis, and features a stylish Wi-Fi connected growing system that is automated by cloud-based artificial intelligence, with built-in air conditioning, active filtering system to control odour and mould, immersive multidirectional lighting, pre-made nutrient packs, and a smartphone app that can monitor and control the unit from virtually anywhere. It has been developed specifically for growing cannabis and takes the guesswork out of the process allowing anybody to grow at home.
Flora Growth Corp. (NasdaqCM:FLGC) s a cannabis company that works to leverage natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the world’s largest outdoor cannabis cultivation facilities, Flora strives to market a higher-quality premium product at below market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive.
New Stocks added to Tech Stocks Directory:
Jowell Global Ltd. (NasdaqGS:JWEL) operates one of China's leading e-commerce platforms for cosmetics, health and nutritional supplements and household products - Juhao Mall. The Company provides its own brand products to customers and sells and distributes other companies' health and nutritional supplements, cosmetics and certain household products on the Juhao Mall platform. In addition, Juhao Mall allows third parties to open their own stores on its platform. The Company has also been selling its products through authorized retail stores all across China, which operate under the brand name of “Love Home Store” or “LHH Store”.
Tuya Inc. (NYSE:TUYA) is a global leading IoT cloud platform with a mission to build an IoT developer ecosystem and enable everything to be smart. Tuya is the largest IoT PaaS business in the global market in terms of the volume of smart devices powered in 2020, according to CIC. Tuya has pioneered a purpose-built IoT cloud platform that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, and Software-as-a-Service, or SaaS, to businesses and developers. Through its IoT cloud platform, Tuya has enabled developers to activate a vibrant IoT ecosystem of brands, OEMs, partners and end users to engage and communicate through a broad range of smart devices.
New Stocks added to Biotech Stocks Directory:
Universe Pharmaceuticals INC. (NasdaqGS:UPC) headquartered in Ji’an, Jiangxi, China, is a pharmaceutical producer and distributor in China. The Company specializes in the manufacturing, marketing, sales and distribution of traditional Chinese medicine derivatives products targeting the elderly with the goal of addressing their physical conditions in the aging process and to promote their general well-being. The Company also distributes and sells biomedical drugs, medical instruments, Traditional Chinese Medicine Pieces, and dietary supplements manufactured by third-party pharmaceutical companies. Currently, the Company’s products are sold in 30 provinces of China
Gain Therapeutics, Inc. (NasdaqGS:GANX) is redefining drug discovery with its SEE-Tx™ target identification platform. By identifying and optimizing allosteric binding sites that have never before been targeted, Gain is unlocking new treatment options for difficult-to-treat disorders characterized by protein misfolding. Gain was established in 2017 with the support of its founders and institutional investors. It has been awarded funding support from The Michael J. Fox Foundation for Parkinson’s Research (MJFF) and The Silverstein Foundation for Parkinson’s with GBA, as well as from the Eurostars-2 joint program with co-funding from the European Union Horizon 2020 research and Innosuisse. In July 2020, Gain Therapeutics, Inc. completed a share exchange with Gain Therapeutics, SA, a Swiss corporation, whereby GT Gain Therapeutics SA became a wholly owned subsidiary of Gain Therapeutics, Inc.
New Stocks added to Mining Stocks Directory:
Global Helium Corp. (CSE:HECO) is an exploration stage company focused on the exploration, acquisition, development, and production of helium to meet the needs of increasing helium demand and shrinking helium supply in North America and around the world. The Company has a seasoned team of industry professionals and technical experts and has established connections with North American and international helium buyers. Together, the team has captured 100%-owned permits encompassing hundreds of thousands of acres prospective for helium in Saskatchewan’s well-established helium fairway.
New Stocks added to Natural Gas Stocks Directory:
VINE ENERGY INC. (NYSE:VEI) is an energy company focused exclusively on the development of natural gas properties in the stacked Haynesville and Mid-Bossier shales in the Haynesville Basin of Northwest Louisiana. The company employs a relentless focus on generating free cash flow and shareholder returns while demonstrating environmental, social and governance leadership.
New Stocks added to Water Stocks Directory:
Water Ways Technologies Inc. (TSXV: WWT) through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Water Ways Technologies competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. At present, Water Ways Technologies' main revenue streams are derived from the following business units: (i) Projects Business Unit; and (ii) Component and Equipment Sales Unit. Water Ways Technologies is capitalizing on the opportunities presented by micro and smart irrigation, while also making a positive mark on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America and developed markets such as China and Canada. Water Ways Technologies irrigation projects include vineyards, Cotton fields, Apple and Orange orchards, Blueberries, Medical Cannabis, fresh produce cooling rooms and more, in over 15 countries.
New Stocks added to Wine Stocks Directory:
Duckhorn Portfolio, Inc. (NYSE:NAPA) is the premier producer of luxury wines in North America. The acclaimed Duckhorn Portfolio includes Duckhorn Vineyards, Decoy, Paraduxx, Goldeneye, Migration, Canvasback, Calera and Kosta Browne, each with its own dedicated winemaker.
New Stocks added to Restaurant Stocks Directory:
Olo Inc. (NYSE:OLO) powers digital ordering and delivery programs that connect restaurant brands to the on-demand world, placing orders directly into the restaurant through all order origination points – from a brand’s own website or app, third party marketplaces, social media platforms, smart speakers, and home assistants. Olo serves as the on-demand ordering and delivery platform for over 400 brands, such as Applebee’s (DIN), Checkers & Rally’s, Cheesecake Factory (CAKE), Chili’s (EAT), Dairy Queen, Denny’s (DENN), Five Guys Burgers & Fries, Jamba Juice (JMBA), Noodles & Company (NDLS), Portillo’s Hot Dogs, Shake Shack (SHAK), sweetgreen, Wingstop (WING), and more. SKIP THE LINE®
The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast , Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and the AI Eye Podcast.
Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto Corner, Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change, Exploring Mining and the AI Eye.
Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
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Thursday 27 May 2021
Wednesday 26 May 2021
Investor Ideas #Potcasts 569, #Cannabis News and #Stocks on the Move; (NASDAQ: $ACB) (TSX: $ACB.TO) (CSE: $AAWH.UC) (CSE: $HARV.C) (OTCQX: $HRVSF) (TSXV: $NOVC.V)
Investor Ideas #Potcasts
569, #Cannabis News and #Stocks on the Move; (NASDAQ: $ACB) (TSX: $ACB.TO)
(CSE: $AAWH.UC) (CSE: $HARV.C) (OTCQX: $HRVSF) (TSXV: $NOVC.V)
Delta, Kelowna, BC, May 26, 2021 (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/2021/052621-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2021/cannabis-potcasts/05261ACB-AAWH-HARV-NOVC.asp
Hear Investor ideas cannabis potcast on iTunes
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.
Aurora Cannabis
Inc.
(NASDAQ:
ACB)
(TSX:
ACB),
the Canadian company defining the future of cannabinoids worldwide, announced that it
has completed the transfer of its stock exchange listing to The Nasdaq Global
Select Market ("Nasdaq") from the New York Stock Exchange
("NYSE") after the market close on Monday.
The
Company's common stock began trading as a Nasdaq-listed security at market open
on May 25, 2021 and will continue to be listed under the ticker symbol
"ACB." This transition does not impact the Company's primary listing
on the Toronto Stock Exchange (TSX: ACB). Aurora shareholders DO NOT need to
take any further action.
Transfering
the listing to the Nasdaq is part of Aurora's recently announced cost
efficiency initiatives and aligns the Company with other cannabis peers on an
exchange known for innovative and growth-oriented companies.
The
last day of trading of the Company's common stock on NYSE was May 24, 2021.
Harvest Health
& Recreation Inc. (CSE:
HARV) (OTCQX:
HRVSF), a vertically integrated cannabis company and multi-state
operator in the U.S., today
announced the opening of a new medical dispensary in York,
Pennsylvania.
Harvest
of York is located at 2300 E Market St, York and is open Monday through
Saturday from 9:00 am to 8:00 pm and Sunday from 10:00 am to 6:00 pm. Additional Harvest dispensaries in
Pennsylvania are located in Camp Hill, Cranberry Township, Harrisburg,
Johnstown, King of Prussia, Reading (two locations), Scranton, and Whitehall.
"We
are excited to open our tenth Harvest-affiliated location in Pennsylvania, one
of the fastest growing medical markets in the U.S." said Chief Executive
Officer Steve White. "We look forward to serving patients and providing
quality products at this new location in one of our core markets."
Ascend
Wellness Holdings, Inc. (CSE:
AAWH.U), a multi-state, vertically integrated cannabis
operator, and Edie Parker, a luxury
fashion brand known for its vintage-inspired clutches and handbags, today
announced an exclusive wholesale licensing agreement to bring
the most coveted products from Edie Parker's sister brand, Flower by Edie
Parker, to AWH retail locations in Illinois and Massachusetts.
The agreement will allow AWH to
produce Flower by Edie Parker pre-rolls for sale at AWH's retail locations in
two cannabis markets expected to nearly triple in size between 2020 and 2022,
according to data from CB Insights and state reports. Flower by Edie Parker
first expanded beyond California earlier this year with the launch of sales in
Colorado, their presence now spanning four states with the addition of Illinois
and Massachusetts. This agreement reinforces AWH's position as an
industry-leading operator on the forefront of bringing popular West Coast
brands to Midwest and East Coast markets.
"Edie Parker is a
nationally-recognized, celebrity-backed brand and we’re thrilled to bring
products from its cannabis-centric sister brand, Flower by Edie Parker, to our
consumers in the Midwest and East Coast,” said Abner Kurtin, Chief Executive
Officer of AWH. "This partnership provides Ascend with a unique
opportunity to expand key product categories such as pre-rolls and target the
rapidly growing female consumer sector. We are continuously working to
diversify our Ozone offering and meet the distinct preferences of all consumer
segments, and we're delighted to introduce a female-focused brand to our
Midwest and East Coast clientele."
"Partnering with AWH allows us
to bring our line of attractive and considered cannabis products to new
audiences and empower even more modern consumers to openly celebrate the role
that cannabis plays in their lives," added Brett Heyman, Founder and
Creative Director of Flower by Edie Parker. "As an East Coast resident,
I'm proud to finally share Edie Parker's distinct product line with my own
community of cannabis enthusiasts."
AWH and Edie Parker are eager to
provide the market's sophisticated, fashion-forward female cannabis consumer
segment with an ultra-luxury brand and product line that caters to their
interests. The female demographic now represents the fastest-growing consumer
segment in the cannabis industry despite being underserved by the market. Women
accounted for only 35% of legal cannabis sales in 2019, but their market share
increased 1.6% year-over-year to 36.6% in 2020. The arrival of Flower by Edie
Parker products to AWH retail locations will help meet the growing demand for
female-centric brands and products to better serve female consumer
demographics.
Nova Cannabis Inc. (TSXV:
NOVC), announced
today that it has been added to the Cannabis ETF (NYSE:
THCX), an exchange traded fund listed on the NYSE Arca.
"As
a newly listed company, Nova's inclusion in the THCX is a strong validation of
our business strategy and unique, focused position within the retail cannabis
landscape," said Darren Karasiuk, CEO of Nova. "We are excited that
through the THCX ETF, more US and international investors will gain exposure to
our strategy, which is purpose-built to disrupt cannabis retail in Canada by
delivering an unparalleled value proposition to the high-volume,
value-conscious consumers that makes up the majority of the cannabis
marketplace."
Nova
is one of Canada's largest and fastest growing cannabis retailers with a goal
to disrupt the cannabis retail market by offering a wide range of high-quality
cannabis products at every-day best value prices. The Company currently
operates more than 55 locations across Alberta, Ontario, and Saskatchewan
primarily under its Value Buds and Nova Cannabis banners. The Company is
majority owned by Alcanna Inc. (TSX:
CLIQ).
The
THCX tracks the Innovation Labs Cannabis Index, a portfolio of 33 stocks that
are expected to benefit from the growth of the legal global marijuana,
cannabidiol ("CBD") and hemp industries. Nova's inclusion in the index
is part of THCX's further expansion into various cannabis sub-themes, including
Nova Cannabis' unique value-focused retail position. At the core of Nova's
strategy is the recognition that inside the four walls of a retail store is the
only place where brands will be built and the unparalleled value and prominence
that brings to the retail sector of the cannabis market.
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.
Learn
more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
Hear Investor ideas cannabis potcast on iTunes
Hear the investor ideas potcast on Spotify
To
hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
The
Investorideas.com podcasts are also available on iTunes ( Apple Podcasts)
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CM Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires Big
Investing Ideas
Investorideas.com
publishes breaking stock news, third
party stock research , guest posts and original
articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and
IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor
Idea’s original branded content includes podcasts and columns : Crypto Corner , Play
by Play sports and stock news , Investor Ideas Potcasts
Cannabis News and Stocks on the Move podcast ,
Cleantech
and Climate Change , Exploring
Mining , Betting
on Gaming Stocks Podcast and the AI
Eye Podcast.
Disclaimer/Disclosure: Investorideas.com is a
digital publisher of third party sourced news, articles and equity research as
well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investing involves risk and possible losses. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Disclosure is posted for each compensated news
release, content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. Contact management and IR of each company directly regarding
specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other
news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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Investor Ideas does not condone the use of
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Get more Cannabis Stock Investor Ideas – news, articles, podcasts and stock directory
Tuesday 25 May 2021
Monday 24 May 2021
Friday 21 May 2021
Investor Ideas #Potcasts 568, #Cannabis News and #Stocks on the Move; (TSX: $VLNS.TO) (OTCQX: $VLNCF) (TSX: $WEED.TO) (NASDAQ: $CGC) (CSE: $AAWH.U.C) (NEO: HALO) (OTC: $HCANF)
Investor
Ideas #Potcasts 568, #Cannabis News and #Stocks on the Move; (TSX: $VLNS.TO)
(OTCQX: $VLNCF) (TSX: $WEED.TO) (NASDAQ: $CGC) (CSE: $AAWH.U.C) (NEO: HALO)
(OTC: $HCANF)
Delta, Kelowna, BC, May 21, 2021 (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/2021/052121-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2021/cannabis-potcasts/05211VLNS-WEED-AAWH-HALO.asp
Hear Investor ideas cannabis potcast on iTunes
Hear the investor ideas potcast on Spotify
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.
The
Valens Company Inc. (TSX:
VLNS) (OTCQX:
VLNCF), a leading manufacturer of cannabis products, announced that it
has received its first purchase order for Valens-manufactured products from
Cannabis NB, a subsidiary of New Brunswick Liquor Corporation (ANBL) and the
only legal recreational cannabis retailer in New Brunswick. With this purchase
order, The Valens Company becomes an official supplier of cannabis products in
the Province of New Brunswick.
"Our expansion into New
Brunswick marks the third regional market we have entered since the beginning
of 2021– a milestone we are incredibly proud of," said Tyler Robson, Chief
Executive Officer, Co-Founder and Chair of The Valens Company. "While we
recently announced our first foray into the CBD market in the US, we also
remain committed to continuing our growth here at home in Canada as we continue
to increase sales channels expected to drive revenues and national market
share. We are focused on leveraging our expanding domestic distribution network
to bring more Canadian consumers a range of new and unique products we expect
to launch with our partners throughout the summer and beyond."
Cannabis NB currently operates 20
stores across 15 communities and offers a diversified portfolio of cannabis
products including flower, extracts, concentrates, edibles, beverages and
accessories. Valens' first shipment to New Brunswick will include a range of
products from categories such as flower, pre-rolls, vapes and concentrates,
with the opportunity to expand this offering in the coming quarters. Products
created in partnership with Verse Cannabis will be included in the first
shipment, such as the Verse Originals vape cartridges in Summer Berry and
Sunset Peach and the newly launched Live Terp Killer Kush vape cartridge from
the Verse Concentrates line. One of the first of its kind in the Canadian
cannabis market, the Live Terp Killer Kush vape cartridge is comprised of pure
live cannabis terpenes in a full spectrum extract created from fresh, flash
frozen ultra-premium and BC-sungrown Killer Kush cannabis, offering a rich
terpene profile. Valens-manufactured products are expected to be available in store
and online in New Brunswick at the beginning of the third quarter.
In addition to New Brunswick, the
Company's distribution network also includes Alberta, British Columbia,
Manitoba, Ontario, Saskatchewan, and Yukon Territory. Valens continues to engage
in discussions to bring its high-quality products to other private and
government-regulated retailers across the country.
Canopy
Growth Corporation (TSX:
WEED) (NASDAQ:
CGC),
a world-leading diversified cannabis, CBD and vaporization device company announced
the appointment of Martha Stewart as the company's
official strategic advisor. In this new role, Martha will expand upon her
existing relationship with the company, leveraging her vast knowledge of
product development and branding expertise, to provide the company with
dedicated counsel ranging from product innovation to format development and
strategic partnerships.
Martha's appointment comes on the
heels of the successful launch of Martha Stewart CBD in partnership with
Marquee Brands and Canopy Growth. Launched in Fall 2020, the product line
offers high-quality, CBD wellness supplements including gummies, softgels, and
oil drops with flavor profiles inspired by some of Martha's most popular
recipes. Martha Stewart CBD for Pet also launched earlier this year and
includes oil drops and soft-baked chews in three gourmet flavor combinations
and formulas designed to support pet mental and physical well-being.
Since launch, the product line-up
has extended into top-selling gift boxes for occasions including Mother's Day
and Valentine's Day, which sold out prior to the holiday due to high consumer
demand. As mainstream awareness for CBD continues to increase, coupled with
Martha's legacy as a trusted source for living well, the product line will
continue to serve as a key area of growth for the business.
"Canopy Growth is committed to
providing consumers with trusted CBD products with quality ingredients, and
Martha Stewart has been a champion of our commitment since the inception of our
partnership," said David Klein, Chief Executive Officer of Canopy Growth.
"We are thrilled to deepen our relationship with Martha through this new
advisory role. With her expansive business acumen and years of experience with
the Canopy team, together we'll unleash the power of CBD to improve lives and
create an unparalleled portfolio of brands."
Martha will play a pivotal role in
shaping Canopy's product innovation pipeline through her counsel in the
development of novel concepts, formats, flavors and strategic alliances. From
the curation of new Martha Stewart branded products to curating products for
Canopy's wider portfolio of brands, Martha's advisory role will help shape the
future of the company's product development trajectory.
"Over the past year, demand and
awareness for CBD products has skyrocketed. Working with the top researchers
and scientists at Canopy Growth, I saw first-hand how dedicated the company is
in producing high quality, safe and consistent products," said Martha
Stewart. "Deepening my relationship with the business is a natural fit
given our aligned dedication and passion for bringing consumers innovative and
quality CBD products and I'm thrilled to share the benefits of CBD with
consumers all over the country."
As momentum for the brand continues
and demand for the Martha Stewart CBD product portfolio grows, Canopy Growth
has also signed a distribution deal with Southern Glazer's Wine and Spirits,
the world's pre-eminent distributor of beverage alcohol, as the select
distributor for Martha Stewart CBD across the U.S. market. The distribution
deal follows the recent announcement with Southern Glazer's and Canopy Growth
to distribute Quatreau, Canopy's first line of CBD-infused beverages sold in
the U.S. market. Southern Glazer's will initially distribute Martha Stewart CBD
across seven states, with additional states in the months to come.
Ascend
Wellness Holdings, Inc. (CSE:
AAWH.U), has
announced the opening of its Rochelle Park, New
Jersey medical-use dispensary. The opening marks AWH's second Ascend location
in the state and the first dispensary to operate in Rochelle Park.
Located
at 174 Route-17 N, the dispensary will benefit from its position along one of
the most highly-trafficked corridors in the country, seeing over 100,000
vehicles per day on average. It is the first cannabis dispensary to open in
Rochelle Park, offering patients access to a wide selection of high-quality
products across flower, pre-rolls, vapes, ingestibles and topicals.
The
dispensary will employ 65 staff and immediately begin accepting new patients.
The store is designed to accommodate high throughput, providing multiple
customer touchpoints and offering patients express service through its
streamlined online ordering and in-store pickup.
"We
are thrilled to open Ascend Rochelle Park and remain committed to meeting
patients' needs through an elevated patient journey," said Chris Melillo,
Chief Revenue Officer of AWH. "Built to complete the customer purchase
process quickly and at scale, our new location will help meet the rising demand
for affordable, safe medical cannabis products in New Jersey. We are grateful
for the support of Deputy Mayor Gail Artola and Rochelle Park residents in the
opening of our dispensary."
There
are currently 13 medical-use dispensaries in New Jersey serving the state's
more than 100,000 registered medical marijuana patients. Ascend Rochelle Park
dispensary is a key addition to New Jersey that will increase supply of medical
cannabis products to better meet patients' needs.
AWH
has proudly partnered with the Last Prisoner Project, a nonprofit organization
dedicated to cannabis criminal justice reform, as part of its social equity and
corporate responsibility initiative. AWH has matched the $125,000 total raised in
customer donations ahead of the July 2021 goal.
Halo
Collective Inc. (NEO:
HALO) (OTC:
HCANF) announced that
its wholly-owned subsidiary Bophelo
Bioscience & Wellness (Pty) Ltd. today welcomed Lesotho's Prime
Minister, The Rt. Honorable Dr. Moeketse Majoro and six of his Cabinet
Ministers to tour Bophelo's site. Ms. Louisa Mojela, the Executive Chairman of
Halo and the Founder and Chairman of Bophelo, affirmed the groundbreaking
opportunity created by the Lesotho Government by being the first country on the
African continent to legalize the growing and cultivation of medicinal
cannabis. On behalf of Halo and Bophelo, Ms. Mojela expressed her most profound
gratitude for the Prime Minister and his cabinet's momentous visit. This
important milestone for the country has brought meaningful and transformative
change to the community and contributes to Lesotho's economy.
The Prime Minister has declared the
Mafeteng area as the first Special Economic Zone ("SEZ") in Lesotho
and the first in the world to include medicinal cannabis. Bophelo is currently
the only enterprise that is fully operating in the SEZ and has plans to further
maximize the benefits afforded by the zone.
To the Company's knowledge Bophelo is the first cannabis company in the
world to be part of an SEZ. The Mafeteng
Special Economic Zone was created to attract the leading private sector
participants to develop a center of innovation for the agriculture and
pharmaceutical industries.
Halo and Bophelo have made great
strides in developing the local labor force and infrastructure, becoming one of
the larger employers in Lesotho with hundreds of local employees.
Andreas Met, Managing Director of
Bophelo and Co-Founder of Halo, says, "It was a great honor to show our
accomplishments—and specially to introduce our young Basotho leadership team,
including Moeti Marai and Puleng Mabula.
It's incredible to be working hand-in-hand with a national government
that shares our mission and fully supports the cultivation of medicinal
cannabis as a key industry, understanding the huge positive impact cannabis can
make in peoples' lives as both a medicine and an economic driver wealth
creation for the people of Lesotho."
Halo and Bophelo are expected to
receive both Good Manufactures Practices ("GMP") and Good
Agricultural and Collection Practices ("GACP") certifications from
the quality growing and manufacturing consultant, Pharmaconsulta Ltd., following
multiple site visits and a comprehensive review of the company's standard
operating procedures. With the addition of these certifications, the company
will be able to supply the European market with sun-grown quality cannabis and
further invest in African economies and provide growing support for the people
of these communities.
Ms. Mojela said, "Bophelo is
committed to developing young talent through the creation of much-needed jobs,
transfer of skills, and enterprise development. I am personally committed to
creating a company that has strong environmental, social and corporate
governance ("ESG") principles."
In addition, Kiran Sidhu, CEO of
Halo, states: "We have remained committed to building a strong
relationship with Lesotho over the past few years, we have tried a lot of
different cannabis strains over the past two years and gained valuable
knowledge to be able to produce very profit-oriented cannabis flower on a large
scale."
Sidhu continues: "We are
thrilled to be a part of Lesotho's economic growth and additionally to create
work and learning opportunities for young people. This program will only grow
with the GACP certification and remains our stated priority."
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