Investor Ideas #Potcasts
603, #Cannabis News and #Stocks on the Move; (TSX: $VLNS.TO) (OTCQX: $VLNCF),
(CSE: $BHSC.C), (TSXV: $N.V) (OTC: $NXTTF)
Delta, Kelowna, BC, September 9, 2021 (Investorideas.com
Newswire)
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/2021/090921-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2021/cannabis-potcasts/09091VLNS-BHSC-N-NXTTF.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 look at a few public and private company announcements.
The
Valens Company Inc. (TSX:
VLNS) (OTCQX:
VLNCF) today
announced a white label partnership with Fire & Flower Holdings Corp. (TSX:
FAF)
(OTCQX:
FFLWF), a leading, technology-powered, cannabis retailer
with over 90 corporate-owned stores in Alberta, British Columbia, Manitoba,
Ontario, Saskatchewan, and Yukon Territory. Under the terms of the agreement, Valens
will manufacture Fire & Flower's Revity CBD oil for distribution in
Ontario, Manitoba, and Saskatchewan with the potential to expand into
additional provincial and territorial markets where permitted and agreed.
Tyler Robson, Chief Executive Officer,
Co-Founder and Chair of The Valens Company, said,
"Fire & Flower is one of
the leading cannabis retailers in Canada with a wide reach in this rapidly
growing market. We admire their focus on consumer education and best-in-class
retailing and are proud to partner with them for the first time to get
high-quality wellness-focused products in the hands of Canadian consumers. This
strategic relationship allows us to strengthen and expand our wellness-focused
manufacturing portfolio and provides the opportunity to further our partnership
with one of the largest cannabis retailers in the country."
Revity CBD oil will be formulated
with Valens' proprietary processing methods to remove impurities and bring
distinct cannabinoids to the forefront of the consumer experience. Each product
includes an integrated dispenser to ensure consistency with each use. The
product focus of the Revity CBD line has been derived from key consumer
insights in product formulation, target consumer segments, price and format in
the Hifyre™ Digital Retail and Analytics Platform.
Trevor Fencott, Chief Executive
Officer and President of Fire & Flower, added, "We are proud to
introduce our Revity CBD Oil in partnership with Valens and are confident that
they will meet the experience and quality expectations of Canadian consumers.
Valens' proven manufacturing excellence and experience producing high-quality
wellness products made them a clear choice to help us continue to supply the
evolving CBD market in Canada."
BioHarvest Sciences
Inc. (CSE:
BHSC) announced that
the new manufacturing facility in Israel has successfully met the Israeli
Ministry of Health's ISO9001 and ISO22000 (HACCP) certification requirements
ahead of time. The ISO9001 certification covers internationally recognized standards
for quality assurance and management, and the ISO22000 (HACCP) certification
ensures that the required quality control and quality management systems are in
place across the end-to-end manufacturing process to ensure the highest product
safety levels. These 2 certifications are critical steps required prior to
obtaining the GMP (Good Manufacturing Practices) certification from the Israeli
Ministry of Health.
Despite
the challenges caused by COVID19 to the global supply chain, this factory was
built in 12 months. The facility will have the capacity to produce over 20
tons/year of VINIA® as well as other polyphenol-based products the Company has
in its innovation pipeline. Pilot production of VINIA® in the new facility is
expected to begin by the end of September 2021, and the capacity will be
steadily increased each month to meet the growing demands of VINIA®'s D2C and
B2B business in Israel, USA, and other global markets.
Kobi
Rosenzweig, VP of Operations at BioHarvest Sciences, said, "I am delighted
with the Company's ability to successfully pass the internationally recognized
stringent quality requirements on its first attempt. Considering the speed at
which this factory was built, this achievement is a testimony to the quality of
the team and the ingenuity of the BioFarming technology. I thank our
manufacturing partner Sugart and especially Ori Hahn, their CEO, for all the
efforts exerted to deliver on such an aggressive schedule."
"The
manufacturing arm of BioHarvest is an integral part of the Company's biotech
vision," said Ilan Sobel, CEO of BioHarvest Sciences. "As a biotech
innovator we will continue to develop and manufacture new products across
multiple verticals. We have implemented the industrial manufacturing blueprint
of our BioFarming technology in 12 months. This accomplishment gives me
enormous confidence in our ability to scale our technology as we add on new
verticals, (as in the case of Cannabis), and to build manufacturing plants
closer to local markets such as North America, if required."
Namaste
Technologies Inc. (TSXV:
N)
(OTC:
NXTTF) announced a
corporate update including that the board has approved a name change from
Namaste Technologies Inc. Trading of the Company’s common shares under its
updated ticker symbol (“LFST”) is expected to commence on the TSX Venture
Exchange (the “TSXV”), at market opening on or about September 15, 2021.
“Lifeist
seeks to be a bold and disruptive wellness company, striving to connect
humanity with safe, innovative and often daring pathways to individual
definitions of wellness,” said Meni Morim, CEO of Lifeist. “The Lifeist rebrand
speaks to ‘Higher Living’, resonating with a multi-billion dollar global market
of consumers seeking to unlock their extraordinary. It’s an exciting time for
the Company and its continued evolution to wellness as we look forward to
complimenting the Company’s current portfolio of wellness of cannabis, hemp
derived CBD and accessories, by delivering on our promise to establish a
nutraceuticals division by the end of Q4, 2021.”
Visit
the Company’s new website to learn more about Lifeist:
https://lifeist.com.
Within
the Lifeist portfolio of wellness interests lies the UK wellness website everyonedoesit.co.uk. Lifeist is pleased to announce expansion of its product
offering to include hemp derived CBD products. Lifeist seeks to tap into the
second largest global market for hemp-derived CBD estimated to generate £700
million in annual sales for 2021 according to the Association for the
Cannabinoid Industry and Centre for Medicinal Cannabis.
Greenline POS,
Canada's fully-compliant cannabis retail point-of-sale (POS) software, today
announced a live menu integration with Weedmaps, a leading
online listings marketplace for cannabis consumers and businesses.
Greenline's
live menu integration will enable clients' product menus to be updated in real
time on Weedmaps, eliminating pain points experienced with having to update
multiple menus across platforms and resulting in a more seamless customer
experience. To ensure that customers have the most up-to-date information,
clients' POS menus will regularly be scanned to check for any recent changes.
If any changes are detected, their Weedmaps menu will automatically be updated
to be in sync with their POS menu.
"It
is critical for cannabis retailers to have a wide-reaching digital presence to
provide the best possible consumer experience." says Albert Kim, Chief Executive
Officer of Greenline POS. "We're excited to work with Weedmaps to provide
online menu functionality for all of our customers."
The
integration will always be working in the background, but businesses will still
have the capability to update their Weedmaps menu from the Weedmaps platform,
allowing businesses to customize promotions and offerings for each platform. As
well as managing menus, this integration will enable cannabis retailers to
search brand catalogues and adjust pricing, product information, and product
availability in real time.
"Inventory
and menu management is a challenging task in the cannabis industry. Today's
cannabis retailers must provide accurate product and pricing information, in
real time for hundreds, if not thousands of menu items across multiple
channels," says Justin Dean, Chief Technology Officer at Weedmaps.
"By integrating Greenline technology with Weedmaps, our clients are able
to optimize their inventory, provide a better customer experience, and allocate
the time previously used for updating menus to growing their businesses."
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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