Investorideas.com newswire, breaking news for marijuana, cannabis and hemp stocks

Friday, 30 July 2021

Psychedelic Stock News: Red Light Holland (CSE: TRIP) Signs Definitive Agreement with Mera Life Sciences and Files Annual Financial Statements

Psychedelic Stock News: Red Light Holland (CSE: TRIP) Signs Definitive Agreement with Mera Life Sciences and Files Annual Financial Statements

#FunctionalMushroom Product News: Link Reservations Inc./LinkResPet (OTC: $LRSV) Preparing to Launch its 2nd #Mushroom #Wellness Product Aimed at #Stress & #Anxiety for People; @res_pet

 

#FunctionalMushroom Product News: Link Reservations Inc./LinkResPet (OTC: $LRSV) Preparing to Launch its 2nd #Mushroom #Wellness Product Aimed at #Stress & #Anxiety for People; @res_pet

 

London, UK, July 30, 2021 – Breaking CBD/Mushroom stock news from Investorideas.com Newswire- Link Reservations Inc. (OTC: LRSV), (the “Company”), a provider of medicinal mushroom and cannabidiol (CBD) wellness products for both humans and pets, announces it is preparing to develop &  launch its second functional mushroom product via its subsidiary DailyLife CBD. The new tincture product, tailored for people, will feature both CBD and a wide spectrum of functional mushrooms (including Lion’s Mane & Shiitake) which potentially can help the body with a better response to stress and anxiety. The new product when fully developed & launched for sale will be our 2nd mushroom wellness product for humans. Our first mushroom product can be purchased for sale on DailyLifeCBD.com utilizing #BTC/ #crypto and traditional forms of payment. Our expectation is to be done with development of our 2nd mushroom wellness product within six weeks.

 

Read this news, featuring LRSV in full at https://www.investorideas.com/news/2021/cannabis/07301LRSV-Functional-Mushroom-Product.asp

 

Since the pandemic, the Western world’s population has felt more isolated than ever, with already 13%+ of people from the USA taking some form of antidepressant medication. The lockdown of the pandemic has only exacerbated this with the increased use of SSRIs, alcohol, and street drugs.

 

There are two pandemics currently working their way through Western Culture, Covid and mental health. Drug and alcohol addiction are also mental health issues at their core. Poor mental health finds its way through every part of our institutions, economy, and family life. 

 

Plant medicine and psychedelic medicine data are coming into focus and becoming clear that many people suffering from depression, anxiety, and PTSD can benefit from well-structured experiences with these tools.

 

For centuries, people have been turning to mushrooms as natural stress relievers. Our "De-Stress" mushroom wellness product will be a convenient and delicious way to reap all the benefits that mushroom supplements provide for the body and mind.

 

DailyLife CBD "De-Stress" product will feature an organic blend of several different medicinal mushrooms, including Lions Mane, Shiitake, Passiflora, Ashwaganda. By focusing on a variety of mushrooms the product is able to encompass multiple stress coping benefits & potentially aide in overall mental wellness. In addition, DailyLife CBD "De- Stress" also includes 250mg of hemp oil CBD extract and 100mg of vitamin C & MCT Oil plus botanicals known to promote healthy mood.

 

Rene Lauritsen, Link Reservations Inc CEO commented: “We are very excited to add our 2nd mushroom wellness product for humans via our subsidiary DailyLifeCBD.com and we think it can our most successful mushroom offering to date. We look forward to laws evolving so we can offer other forms of mushroom wellness products such as those that contain "Magic Mushroom." We look forward to completion of development & launch for sale of our second mushroom wellness product. ."

 

For more information about LinkResPet or to purchase CBD products for pets, please visit www.linkrespet.com or follow them on Twitter on @res_pet

 

For more information about DailyLifeCBD, the Company’s range of CBD and mushroom products for people, please visit: https://dailylifecbd.com/


About Link Reservations Inc.
Link Reservations Inc is a CBD and wellness product provider dedicated to improving the health and life conditions of both people and pets worldwide. Its trades through its two brands; LinkResPet and DailyLifeCBD. LinkResPet develops and markets hemp-based CBD products for cats, dogs and horses. DailyLifeCBD provides everyday hemp based CBD wellness and mushroom products for people. The Company has operations in both the US and Europe.

Forward-Looking Statements & Disclaimers:
The information in this Press Release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws, as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this document, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

Link Reservations Inc
400 Thames Valley Park Drive
Reading Berkshire RG6 1 PT
United Kingdom
Phone: +44 330 808 0897

 

Paid News -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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. Disclosure : this news release featuring LRSV is a paid for news release on Investorideas.com  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 Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Thursday, 29 July 2021

CBD / Beverage Stock News: Vertical Wellness (CSE: CNFA) Announces Launch Of Long Anticipated CBD Beverage Portfolio at Retail

CBD / Beverage Stock News: Vertical Wellness (CSE: CNFA) Announces Launch Of Long Anticipated CBD Beverage Portfolio at Retail

Cannabis Stock News: GreenGro Technologies (OTC: GRNH) Announces Exclusive Sales and Marketing Agreement with Hydroponics Retail Store

Cannabis Stock News: GreenGro Technologies (OTC: GRNH) Announces Exclusive Sales and Marketing Agreement with Hydroponics Retail Store

Tilray Shares Fly High on Strong Q4 and FY Revenue Growth

Tilray Shares Fly High on Strong Q4 and FY Revenue Growth

Breaking #CBD/ #Mushroom #Stock News - Link Reservations Inc./LinkResPet (OTC: $LRSV) Preparing to Launch its 2nd Mushroom #Wellness Product Aimed at #Stress & #Anxiety for People; @res_pet

 

Breaking #CBD/ #Mushroom #Stock News - Link Reservations Inc./LinkResPet (OTC: $LRSV) Preparing to Launch its 2nd Mushroom #Wellness Product Aimed at #Stress & #Anxiety for People; @res_pet

 


London, UK, July 29, 2021 – Breaking CBD/Mushroom stock news from Investorideas.com Newswire- Link Reservations Inc. (OTC: LRSV), (the “Company”), a provider of medicinal mushroom and cannabidiol (CBD) wellness products for both humans and pets, announces it is preparing to develop &  launch its second functional mushroom product via its subsidiary DailyLife CBD. The new tincture product, tailored for people, will feature both CBD and a wide spectrum of functional mushrooms (including Lion’s Mane & Shiitake) which potentially can help the body with a better response to stress and anxiety. The new product when fully developed & launched for sale will be our 2nd mushroom wellness product for humans. Our first mushroom product can be purchased for sale on DailyLifeCBD.com utilizing #BTC/ #crypto and traditional forms of payment. Our expectation is to be done with development of our 2nd mushroom wellness product within six weeks.

 

Read this news, featuring LRSV in full at https://www.investorideas.com/news/2021/cannabis/07291LRSV-Stress-Anxiety.asp

 

Since the pandemic, the Western world’s population has felt more isolated than ever, with already 13%+ of people from the USA taking some form of antidepressant medication. The lockdown of the pandemic has only exacerbated this with the increased use of SSRIs, alcohol, and street drugs.

 

There are two pandemics currently working their way through Western Culture, Covid and mental health. Drug and alcohol addiction are also mental health issues at their core. Poor mental health finds its way through every part of our institutions, economy, and family life. 

 

Plant medicine and psychedelic medicine data are coming into focus and becoming clear that many people suffering from depression, anxiety, and PTSD can benefit from well-structured experiences with these tools.

 

For centuries, people have been turning to mushrooms as natural stress relievers. Our "De-Stress" mushroom wellness product will be a convenient and delicious way to reap all the benefits that mushroom supplements provide for the body and mind.

 

DailyLife CBD "De-Stress" product will feature an organic blend of several different medicinal mushrooms, including Lions Mane, Shiitake, Passiflora, Ashwaganda. By focusing on a variety of mushrooms the product is able to encompass multiple stress coping benefits & potentially aide in overall mental wellness. In addition, DailyLife CBD "De- Stress" also includes 250mg of hemp oil CBD extract and 100mg of vitamin C & MCT Oil plus botanicals known to promote healthy mood.

 

Rene Lauritsen, Link Reservations Inc CEO commented: “We are very excited to add our 2nd mushroom wellness product for humans via our subsidiary DailyLifeCBD.com and we think it can our most successful mushroom offering to date. We look forward to laws evolving so we can offer other forms of mushroom wellness products such as those that contain "Magic Mushroom." We look forward to completion of development & launch for sale of our second mushroom wellness product. ."

 

For more information about LinkResPet or to purchase CBD products for pets, please visit www.linkrespet.com or follow them on Twitter on @res_pet

 

For more information about DailyLifeCBD, the Company’s range of CBD and mushroom products for people, please visit: https://dailylifecbd.com/


About Link Reservations Inc.
Link Reservations Inc is a CBD and wellness product provider dedicated to improving the health and life conditions of both people and pets worldwide. Its trades through its two brands; LinkResPet and DailyLifeCBD. LinkResPet develops and markets hemp-based CBD products for cats, dogs and horses. DailyLifeCBD provides everyday hemp based CBD wellness and mushroom products for people. The Company has operations in both the US and Europe.

Forward-Looking Statements & Disclaimers:
The information in this Press Release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws, as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this document, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

Link Reservations Inc
400 Thames Valley Park Drive
Reading Berkshire RG6 1 PT
United Kingdom
Phone: +44 330 808 0897

 

Paid News -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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. Disclosure : this news release featuring LRSV is a paid for news release on Investorideas.com  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 Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Wednesday, 28 July 2021

Cannabis Stock News: Harvest One Cannabis Company (TSXV: HVT) Enters into Licence Agreement with The Valens Company to Manufacture and Distribute its Leading Infused Topical Brand LivRelief(TM) by Delivra

Cannabis Stock News: Harvest One Cannabis Company (TSXV: HVT) Enters into Licence Agreement with The Valens Company to Manufacture and Distribute its Leading Infused Topical Brand LivRelief(TM) by Delivra

Health and Wellness Stock News: The Very Good Food Company (TSXV: VERY) (OTCQB: VRYYF) Provides Production Capacity Update for its Rupert Facility

Health and Wellness Stock News: The Very Good Food Company (TSXV: VERY) (OTCQB: VRYYF) Provides Production Capacity Update for its Rupert Facility

Psychedelic Stock News: Pharmadrug (CSE: BUZZ) Announces Positive Research Results of Cepharanthine to Treat Multiple Cancers

Psychedelic Stock News: Pharmadrug (CSE: BUZZ) Announces Positive Research Results of Cepharanthine to Treat Multiple Cancers

Cannabis Stock News: The Valens Company (TSX: VLNS) (OTCQX: VLNCF) Enters Agreement with Harvest One to Manufacture and Distribute Leading Cannabis-Infused Topical Brand LivRelief™

Cannabis Stock News: The Valens Company (TSX: VLNS) (OTCQX: VLNCF) Enters Agreement with Harvest One to Manufacture and Distribute Leading Cannabis-Infused Topical Brand LivRelief™

Cannabis Stock News: Tilray, Inc. (Nasdaq: $TLRY) (TSX: $TLRY.TO) Reports 2021 Fiscal Year and Fourth Quarter Results

Cannabis Stock News: Tilray, Inc. (Nasdaq: $TLRY) (TSX: $TLRY.TO) Reports 2021 Fiscal Year and Fourth Quarter Results

Investor Ideas #Potcasts 590, #Cannabis News and #Stocks on the Move; Interview with Managing Director of Poseidon Asset Management

 



Investor Ideas #Potcasts 590, #Cannabis News and #Stocks on the Move; Interview with Managing Director of Poseidon Asset Management

 

Delta, Kelowna, BC, July 28, 2021 (Investorideas.com Newswire) www.Investoride, as.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/2021/072821-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cannabis-potcasts/07281Interview-Poseidon-Asset-Management.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 Investorideas interviews Patrick Rea, the Managing Director of Poseidon Asset Management, where we discussed the changes in the cannabis investment landscape since Poseidon’s inception in 2013, what sectors are seeing the most growth in today’s market and what trends are on the horizon for the cannabis industry in the U.S.

 

Poseidon is a leading investor in the legal cannabis and hemp industries with $190 million in AUM.  Active cannabis investors since 2013, Poseidon was founded by siblings Emily & Morgan Paxhia and the team has collectively raised seven cannabis-specific funds and deployed capital into nearly 200 businesses across various stages and verticals globally. Now in the seventh year of conducting due diligence, deploying capital, and serving on multiple company Board of Directors, the team is considered a leader in the cannabis industry. This recognition, in conjunction with Poseidon being a first mover in the cannabis investment space, has led to a level of trust with industry insiders.

 

Since its inception Poseido has since launched two follow up funds, now launching their third fund, Poseidon Garden Ventures Rea commented, “When we started the third fund, which we are working on now, with fresh eyes we took a look at the industry and the opportunities for a private venture capital fund, and we decided, for a number of reasons, that focussing on the late seed stage companies in the cannabis industry, the one’s right before Series A, were the ones that had the greatest promise.”

 

Poseidon announced on Monday its first three Poseidon Garden Ventures investments into licensed operator JKL2, cultivation technology company Adaviv, and dispensary technology provider Dispense.

 

As part of the investment, Poseidon will join the Boards of all three companies as directors or observers.

 

"Poseidon Garden Venture's thesis is to invest in pre-Series A licensed operators and cannabis technology companies founded by proven operators," said Managing Director, Patrick Rea. "We see immense opportunity at this high-growth stage in the cannabis industry to actively scale these companies, leveraging our network and experiences investing in the cannabis industry since 2013, and position them for exits in today's dynamic M&A environment."

 

Led by cannabis industry veterans Chelsey Joseph and Jill Lamoureux, JKL2 Inc. is a strategic cultivation partner of WHT LBL LLC, a multi-state operator (MSO) focused on cultivation and processing based in Boulder, Colorado. JKL2's new 10-acre cannabis cultivation facility, in partnership with Power REIT, is the start of a platform that will immediately add capacity, further securing the flower and trim supply chain and seizing on strategic expansion opportunities in the state.

 

"We have known the team at Poseidon for years and are excited to work with a firm with a proven track record of success," said JKL2 CEO Chelsey Joseph. "Poseidon has critical insights into where the industry is going, and we are excited to get their support to build the next leading single state operator in Colorado."

 

Dispense, founded by Kyla Sirni and Tim Officer, is a digital dispensary management platform designed with the changing priorities of MSOs and other operators in mind. The platform offers a suite of retail solutions including menu widgets, online ordering, pickup batching, full data control for the retailer, integrations, customer chat, analytics and staff management.

 

"Poseidon is as much of an investor as a strategic partner," said Dispense co-founder & CEO, Kyla Sirni. "Their vast network will help us create new synergies and scale Dispense across the cannabis industry, putting the retailer first in every consumer experience." 

 

Born out of MIT, Adaviv's cultivation cameras and software help cultivators manage plant health using AI, improving yields and reducing waste. Adaviv's users have detected 7-10 times more plant health issues, increased yield consistency by 50% and driven yield improvements by over 20%.

 

Adaviv co-founder Ian Seiferling said, "Our vision is to make each plant count and every farmer the best farmer they can be. We knowPoseidon shares these same principles, bringing efficiency, operational excellence and sustainability to the industry through their portfolio companies, so we are excited to have them partner with us as we gain traction."

 

When asked what strategies and ways of assessing market winners from losers he has learned over his years investing in the space, Patrick Rea commented, “It takes time. We want to be dealmakers not dealtakers. We go into these companies and start doing due diligence and see cap tables with hundreds of angel investors on there, and the angels are great for getting the business started, but they’re not gonna dig in necessarily all the time when it comes to problems in the financial modeling, interest coverage ratios, etc. There are real standard financial KPIs that we look at, we also do really deep interviews with the founders on strategy. It makes it hard for us, but if it was easy, and everybody was doing it, you may not get the returns that you expect from a high risk industry like cannabis. High risk should mean high return, but we are looking for the companies and the teams that have a very clear headed understanding of where they are in their process, a very clear understanding of the value, and hopefully ideally they have operating history from other ventures in the cannabis industry and we can vet those.”

 

 Rea went on to discuss some of the areas of the industry he has witnessed the most success and the largest obstacles in over the past few years. Poseidon’s strategies moving forward as well as expectations for the U.S. market over the next few years.

 

For more information, visit https://www.poseidonassetmanagement.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.

 

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

 

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

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Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

 

About Investorideas.com - News that Inspires Big Investing Ideas

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Tuesday, 27 July 2021

Green Tech / Cannabis Stock News: AirTest (TSXV: AAT) Further Penetrates the Greenhouse/Grow-Op Industry With 2 Large Orders

Green Tech / Cannabis Stock News: AirTest (TSXV: AAT) Further Penetrates the Greenhouse/Grow-Op Industry With 2 Large Orders

Cannabis Beverage Stock News: Hill Street Beverage Company Inc. (TSXV: BEER) Announces Major New Licensing Partnership to Expand Cutting-Edge DehydraTECH(TM) Technology into US Cannabis Markets

Cannabis Beverage Stock News: Hill Street Beverage Company Inc. (TSXV: BEER) Announces Major New Licensing Partnership to Expand Cutting-Edge DehydraTECH(TM) Technology into US Cannabis Markets

Investor Ideas #Potcasts 589, #Cannabis News and #Stocks on the Move; (CSE: $CRFT.C), (CSE: $GAGE.C), (TSXV: $KHRN.C) (OTCQX: $KHRNF), (TSX: $WEED.TO) (NASDAQ: $CGC)

 



Investor Ideas #Potcasts 589, #Cannabis News and #Stocks on the Move; (CSE: $CRFT.C), (CSE: $GAGE.C), (TSXV: $KHRN.C) (OTCQX: $KHRNF), (TSX: $WEED.TO) (NASDAQ: $CGC)

 

Delta, Kelowna, BC, July 27, 2021 (Investorideas.com Newswire) www.Investoride, as.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/2021/072721-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cannabis-potcasts/07271CRFT-GAGE-KHRN-WEED-CGC.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 private and public company announcements.

 

Gage Growth Corp. (CSE: GAGE), a leading high-quality cannabis brand and operator, announced that it will bring the iconic cannabis brand COOKIES to Canada. COOKIES is one of the best-known cannabis brands in the world and has one of the largest retail footprints in the industry. The partnership will bring the brand to Canadian consumers for the first time.

 

COOKIES products are expected to be available exclusively in Ontario via the Ontario Cannabis Store (OCS), the largest purchaser of cannabis in the world, by the end of 2021, before moving to wider distribution across other provinces. Gage will work with NOYA Cannabis Inc., a premium hydroponics production company awarded its grow and sales license from Health Canada in 2018, to bring to market hand-selected strains from rapper and entrepreneur Berner and his renowned cultivation partner Jigga. Such hand-selected strains include Gary Payton, Georgia Pie, Medellin, Lions Mane, Soap, Cheetah Piss, Blanco and more. In addition to iconic COOKIES strains, the partnership will also bring other COOKIES brands such as Lemonnade, Minntz, Runtz, Grandiflora, Powerzzzup, Run The Jewels and Collins Ave. to Canadian consumers. A COOKIES retail store is also planned to open in Canada by the end of 2021.

 

"For the past decade, I've put taste and experience first," said COOKIES founder Berner. "I'm thrilled to work with Gage, a company that is just as passionate about our brand as we are, to provide Canadian consumers with some of the best flower and cannabis products available in the world. It feels good to be in a position to diversify the current flavor profile on the Canadian market, with a planned flagship store in Toronto, I think the Canadian connoisseur will be proud to have COOKIES. NOYA already has our standards dialed in as far as cultivation goes, so this should make a smooth and powerful introduction to the COOKIES brand in Canada."

 

According to the Brightfield Group, legal cannabis sales in Canada grew 118% last year and are expected to grow another 60% this year. More importantly, sales in the legal market eclipsed that of the illicit market for the first time in Q1 2021.

 

"Working with Berner and his team to bring COOKIES to the Canadian market is validation of the painstaking processes we've developed at Gage," said Fabian Monaco, CEO of Gage. "The growth of the Canadian market creates more diverse and demanding consumers, and we're excited to bring one of the best-known cannabis brands in the world to customers across Canada."

 

Khiron Life Sciences Corp. (TSXV: KHRN)(OTCQX: KHRNF), a vertically integrated medical cannabis leader with core operations in Latin America and Europe, today announces its support for amendments to Colombia's medical cannabis decree, signed July 23, 2021. With the enhanced regulations, Colombia continues to be a leader and reference point for medical cannabis regulations across Latin America.

 

Alvaro Torres, Khiron CEO and Director, comments, "Colombia has been a regional leader in medical cannabis laws since 2015 and this new Decree strengthens the Government´s commitment to creating a robust and competitive industry. After naming the industry a National Strategic Priority and extending universal health coverage for THC and CBD medical cannabis products in late 2020, the new regulation expands the country's growth potential across various product categories in Colombia and through the export of dried flower."

 

Since April 2020, Khiron has been dispensing medical cannabis to patients through its Zerenia™ pharmacy in Bogota, to more than 350 cities and municipalities across the country. With Decree 811 of 2021, the Government has significantly expanded the number of pharmacies eligible to carry and dispense medical cannabis products, from only a handful today to a network of more than 14,000 pharmacies nationwide.

 

Alvaro Torres, Khiron CEO and Director, comments, "Distribution expansion in pharmacies across Colombia is a key part of our growth strategy. As the Company continues to close medical cannabis agreements with insurance companies across Colombia, expansion of point of sales through the national pharmacy network becomes increasingly important. With today's changes, we look forward to expanding our partnerships with insurance companies, third-party pharmacies, and logistics operators to increase product awareness and provide patients with greater access to medical cannabis products and increased choice in how they receive their medication."

 

Decree 811 of 2021 also creates a regulatory framework that gives Colombian producers the ability to export dried flower medical cannabis as a finished commercial product.

 

Franziska Katterbach, President of Khiron Europe, comments, "The Company began sales of Khiron-branded dried flower products in the UK in Q2 2020 and Germany in Q1 2021. To date, our asset-light approach has fueled sales growth, with Europe representing an increasing share of medical cannabis revenues and gross profits quarter over quarter. Colombia is well known for its medical cannabis cost advantages, and with positive market trends and our understanding of European regulations and robust control standards, we welcome the opportunity to improve the efficiency and profitability of our supply chain over the medium term."

 

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, today announced two new offerings with the launch of Tweed Quickies and Ace Valley Pinners. These products showcase the continued evolution of Canopy Growth's pre-roll portfolio in line with consumer preference – providing Canadians with smaller joints in larger pack sizes of 8 or 10.  In time for summer socializing, this is the perfect way to enjoy and share cannabis in a group setting, without having to pass a single joint around.

 

Canopy Growth recently commissioned a study by Dig Insights that found that traditional 0.5 gram joints are too big for many consumers to enjoy in one sitting and take too long to consume, in addition to concerns around sharing in current times. Canopy Growth leveraged this insight to develop its first two product lines – Tweed Quickies in 0.35 gram and Ace Valley Pinners in 0.3 gram offerings –  with research indicating this was the optimal size for a quicker session that could be enjoyed on one's own or within a group setting without the need to share.

 

"Knowing that people may not want to 'puff, puff, pass' again, these smaller pre-rolls designed for individual consumption will allow consumers to enjoy a pre-roll on their own or in a group setting," said Kelly Olsen, Vice President of Global Flower Business at Canopy Growth. "We're evolving the meaning of what it means to share a joint – the perfect format for social occasions – and taking another step forward in our mission to deliver flower products rooted in consumer insights, purchases and behaviours."

 

The launch of Tweed Quickies marks the brand's first new pre-roll offering in 2021, coupled with Ace Valley's first product launch following its integration with Canopy Growth, with more ready-to-enjoy products expected to come to market over the coming months.

 

Tweed Quickies are evenly milled and machine rolled for a consistent burn, made with single-strain, whole flower, packed in a new, tapered cone shape that consumers prefer over cylinder shape joints (2). Containing ten 0.35 gram joints in two top-preforming varietals - Green Cush and Afghan Kush, Tweed Quickies are packaged in a reusable carrying case.  In tandem, Ace Valley Pinners are also now available in a pack of eight 0.3 gram joints in Kosher Kush (Indica), OG Melon (Sativa) and Great White Shark – the #1 CBD-dominant pre-roll in the category (3), marking Canopy Growth's first premium large pack.

 

BC Craft Supply Co Ltd, (CSE: CRFT), a diversified wellness company advancing cannabinoid and psychedelic innovation and psychotherapy, is announcing their Alberta launch of Grizzlers™, a legacy brand of pre-rolled craft cannabis, in association with Think AHLOT Corporation (“AHLOT”) and their $1 “Buck a Joint” S^MPLE by AHLOT program.

 

The S^MPLE by AHLOT program brings traditional CPG sampling to the cannabis industry, in a compliant manner. The program drives trial, awareness and sales, through a limited-quantity, sample-sized offering at a sample-friendly price-point. Customers that experience samples, convert into loyalists of full-sized products from Licensed Producers and brands.

 

“Canada’s Cannabis retailers have endured reduced operations, strict marketing regulations and increased competition and we want to show our support by bringing new and existing customers back in-store, with compliant and captivating cannabis sampling,” explains AHLOT CEO, Greg Pantelic. “Sampling - a proven tactic in any other industry - is a great way to encourage customers to engage with their local shop, and Grizzlers - the #1 pre-roll brand, pre-legalization - is perfect to kick off the S^MPLE by AHLOT program, by helping customers cross-over from the legacy to the legal market.”

 

CRFT CEO, Matthew Watters, commented, “Programs like the S^MPLE by AHLOT program will continue to build momentum of the Grizzlers brand in Canada; a critical component of our overall North American distribution strategy. Our continued success in Canada will fuel our growth in the United States as we look to expand in both scale and scope.”

 

Grizzlers™ is a flagship legacy brand of pre-rolled craft cannabis; offering access to premium grown, hang dried, hand trimmed, and hand packed cannabis at accessible prices; the brand is currently available for sale in Alberta and Ontario.

 

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