Investor Ideas #Potcasts
593, #Cannabis News and #Stocks on the Move: (TSX: $WEED.TO) (NASDAQ: $CGC), (TSX: $VLNS.TO) (OTCQX: $VLNCF), (OTC: $LRSV) and
(OTC: $ERBB)
Delta, Kelowna, BC, August 6, 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/2021/080621-StocksToWatch.mp3
Read this in full at https://www.investorideas.com/news/2021/cannabis-potcasts/08061WEED-CGC-VLNS-LRSV-ERBB.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.
Link
Reservations Inc. (OTC: LRSV), a provider of medicinal mushroom
and cannabidiol (CBD) wellness products for both humans and pets, announced that its LinkResPet and DailyLifeCBD
products will be available for purchase at Collins Tobacco & Vape Store
6750 Collins Miami Beach, a new stockist in Florida. The Company will initially
stock its pet and human wellness products in two of Collins Tobacco and Vape’s
shops as it looks to grow its retail presence in physical shops.
Rene Lauritsen, Link Reservations
Inc CEO commented: “We are very excited about this retail relationship with
Collins Tobacco & Vape and are in discussions to stock our products in two
of their locations, with the hope to add more locations for consumers to
purchase our pet and human products at their shops. It opens up more sources of
revenue and product presence in the marketplace, building on our mission to
increase consumer awareness of our exceptional product lines.”
The Company will be stocking its
LinkResPet cat and dog CBD products, as well as its DailyLifeCBD
mushroom-infused Immune product in two of the Florida retailer’s shops. Collins
Tobacco & Vape has been in business for 12 years and currently has four
locations in Miami and Miami Beach.
The CBD market is expected to be
worth $216 Billion by 2028, growing at a CAGR of 45.6% from 2021. Remarkably,
the pet CBD product sector is poised to outpace the growth of the human CBD
product sector. As part of its strategy to grow sales, the Company is
increasing the availability of its LinkResPet products, its product line
tailored for pets, and its DailyLifeCBD products, aimed at humans, across both
online and brick and mortar retailers. LRSV is targeting both smaller “mom
& pop” customers as well as more online-focused ones as part of its growth
plan. Included in this is the Company’s plans to stock their products on
Amazon.com and at a later date Amazon UK.
Additionally, after launching its
mushroom wellness product, Link Reservations Inc is exploring the opportunity
to develop further mushroom infused product lines, in order to take advantage
of the quick development of the small market. Moreover, and eventually if laws
allow, the Company is also targeting the “magic mushroom” product niche.
LinkResPet’s products consist of CBD
tinctures for dogs and cats. While DailyLifeCBD has a functional mushroom and
CBD range of products including its DailyLifeCBD Immune tincture, as well as
other CBD products in the pipeline. All products are made with the highest
quality hemp oil and are lab tested, THC and GMO free. The hemp oil used in
LRSV products comes from organically grown certified U.S. and European hemp.
The Company ensures that its products undergo a rigorous process of quality
control and testing using the latest scientific methods.
The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a
leading manufacturer of cannabis products, today launched two new flavours of the
top-selling Summit 10 beverage in partnership with A1 Cannabis Company. Summit
10 Raspberry Lemonade and Summit 10 Peach Lemonade will be available as part of
the Summit product lineup of THC-forward beverages and edibles.
Summit 10 Raspberry Lemonade and
Summit 10 Peach Lemonade are refreshing 10mg THC beverages made with
concentrated raspberry juice and natural white peach flavour respectively. Both
drinks are non-carbonated and come in bottles with resealable lids, allowing for
controlled consumption as desired. Summit 10 was developed using SōRSE by
Valens emulsion technology and is designed for consumers seeking a higher
dosage product with faster-observed onset times and reduced offset times. The
two new flavours will first be available in British Columbia, with their
introduction into the Alberta market to follow later this summer.
The Summit cannabis-infused beverage
offerings have received positive reviews in Canada for their differentiated
taste and customizable dosing from the industry and consumers alike. In
addition to the new beverage flavours, the following products are currently
available as part of the Summit lineup from A1 Cannabis:
● Summit
10 THC Lemonade Iced Tea (10mg THC) available in Alberta, British Columbia, Ontario,
Manitoba, Saskatchewan, and Yukon, and ranked among the top three
cannabis-infused beverage SKUs in participating Canadian markets, for the
period May 1, 2021, to July 31, 2021*
● Summit
Wild Berry Soft Chews (2 x 5mg THC) available in Alberta and Ontario
Basecamp
CBD-only Iced Tea (15mg CBD), formulated using SōRSE by Valens technology, is
also available from Valens and A1 in Alberta, British Columbia, Ontario,
Saskatchewan, and Yukon. Valens will continue to produce and distribute
cannabis-infused beverages out of its Kelowna campus with the intention to move
beverage manufacturing to its facility in the Greater Toronto Area upon receipt
of its Health Canada licence.
Canopy Growth
Corporation (TSX: WEED) (NASDAQ: CGC) today announced its financial results for the
first quarter fiscal 2022 ended June 30, 2021. All financial information in
this press release is reported in Canadian dollars, unless otherwise indicated.
Highlights
● Achieved
23% revenue growth in Q1 2022 versus Q1 2021 driven by strong double-digit
growth in both cannabis and other consumer products businesses.
● Maintained
#1 market share1 in the tracked Canadian recreational cannabis market amid a
highly competitive landscape.
● Completed
acquisition of Ace Valley and Supreme Cannabis, with commercial and operational
Integration progressing smoothly.
● Led by
consumer insights, a robust innovation pipeline with over 100+ SKUs across key
product categories set to hit store shelves from Q2 2022 to Q4 2022.
● Momentum
with cannabis reform increasing as the Company continues to build its U.S.
presence through broad portfolio of innovative CBD and CPG brands.
● Remains
committed to accelerating top-line growth in the second half of fiscal 2022 and
achieving positive Adjusted EBITDA by end of fiscal 2022.
"With
the right strategy and strong foundation in place we are confident in our
ability to deliver long-term success as Canopy's products and brands continue
to demonstrate their appeal to consumers in our core markets," said David
Klein, CEO, Canopy Growth. "While we're encouraged by regulatory
advancement in the U.S., Canopy is not waiting as we continue to scale our
business on both sides of the border with an exciting product pipeline planned
for the coming quarters."
"We're
continuing to drive cost savings and operational efficiencies across the
company, and remain broadly on track to our target of $150-$200 million in
fiscal 2022- fiscal 2023," added Mike Lee, CFO. "We look forward to
scaling our new operating model in coming months as we push forward our
profitability goals in fiscal year 2022."
American Green,
Inc. (OTC:ERBB) announced that it has partnered with www.PetTreater.com,
a leader in monthly pet subscription boxes. Pet Treater’s subscription-based
service allows dog and cat owners to receive a monthly mystery box that
surpasses the total value of their monthly subscription rate. The
Tennessee-based company delivers an easy-to-understand service that is loved by
thousands of dog and cat owners every month.
According
to Erin Edwards, who is PetTreater’s Marketing and Purchasing Assistant, “We
are thrilled about our new partnership with American Green. Their treats offer amazing quality and flavor
for our customers’ furry babies. I believe our company is entering an
invaluable cross-partnership.”
According
to Kevin Davis, American Green’s VP of Worldwide Sales, “The partnership with
PetTreater.com allows us to expand the distribution of American Green CBD dog
and cat treats while providing superior value to every new customer. American Green has a great opportunity to
gain market share in the rapidly increasing CBD Dog and CBD Cat verticals which
are now growing at 40% annually in the US.
A study conducted by the American Pet Products Association in 2019,
revealed that nearly 39.0% of dog owners and 34% of cat owners are likely to
prefer CBD-based products for their pets.”
PetTreater
plans to incorporate the distribution of American Green gift vouchers into
every PetTreater box (for the month of August in 2021). The vouchers are
designed exclusively for this partnership and provide value to the PetTreater
box while driving business to American Green’s online store. The voucher
entitles the recipient to $25.00 worth of CBD Pet Products (+ Free Shipping)
with a minimum spend of $60.00 (ie. $60.00 worth of CBD Pet Products for
$35.00). Vouchers are redeemable against any of our CBD Products for dogs and cats
which include: CBD Cat Treats, CBD Dog Treats and CBD Pet Tinctures.
Our
Pet Vouchers will also ship out with all pet-related orders placed on www.AmericanGreenCBD.com
for the entire month of August. Vouchers are also available upon request with
any order placed in August. The company encourages all customers to pass along
vouchers to friends and family who might benefit from the offer.
***Limit of 5
vouchers per customer will be employed to ensure quantities sustain.
According
to David Gwyther, American Green’s president, “Through PetTreater, American
Green will also be working with the Brown Dog Foundation, an organization
providing financial help to pet owners needing life-saving surgeries for
families who cannot afford such treatments. We are very excited to be part of
this incredibly valuable effort.”
“Also,
we have donated for auction a selection of American Green’s best CBD products
for pets. All proceeds from the auction will go directly to Brown Dog
Foundation, which has earmarked the funds to directly fund pet-related medical
expenses. While our small contribution won’t change the world, we are able to
make a life-saving difference one pet at a time,” concludes Kevin Davis.
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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