Investor
Ideas #Potcasts #Cannabis News and Stocks on the Move April 3rd
(TSXV: $KHRN.V)
(TSXV: $PURE.V) (CSE: $PLTH.C) (TSXV: $EMH.V)
Delta,
Kelowna, BC April 3, 2019 (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 edition
of Investorideas.com potcastsCM - cannabis
news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:
Read
this in full at https://www.investorideas.com/news/2019/cannabis-potcasts/04031KHRN-PURE-PLTH-E
Today’s podcast overview/transcript:
Good
afternoon and welcome to another Investorideas.com “potcast”, looking at
cannabis news, stocks to watch as well as insights from thought leaders and
experts.
Today
we will be looking at announcements from Khiron Life Sciences Corp. (TSXV:
KHRN), (OTCQB:
KHRNF), Pure Global Cannabis Inc. (TSX.V:PURE) (OTC:
PRCNF), Planet 13 Holdings Inc. (CSE:
PLTH) (OTCQB:
PLNHF) and Emerald Health Therapeutics, Inc. (TSXV:
EMH) (OTCQX:
EMHTF).
Khiron Life Sciences Corp., a
vertically integrated cannabis leader with core operations in Latin America, announced
today that it has signed multi-channel
distribution agreements for its Kuida® cosmeceutical brand with Fedco and
Linio, two of the most prominent consumer distribution channels for wellness
and beauty products in Colombia. In combination
with the initial product launch through Farmatodo and Farmalisto, it is
anticipated that the Kuida® brand will now be made available in up to 78 retail
locations and through the country's leading online portal for beauty products.
Initially focused on distribution in Colombia, these agreements create
potential for the Company to further expand distribution across other Latin
America jurisdictions.
Alvaro Torres, CEO and a Director of
Khiron, comments: "These agreements with Fedco and Linio further deliver
on our market strategy for Kuida® and provide the flexibility to tap into
cross-selling opportunities as consumers increasingly adopt CBD based
cosmeceuticals into their skincare regimen. We look forward to working with
some of the largest retailers in Colombia as the Kuida® brand increases its
presence in the marketplace and is positioned for future growth."
Planet 13 Holdings Inc., a leading vertically-integrated Nevada
cannabis company, today
announced monthly statistics for the Planet 13 Las
Vegas Cannabis Entertainment Complex, (the "SuperStore") since
opening November 1st, 2018.
"We opened Phase 1 of the 112,000
square foot Planet 13 Cannabis Entertainment Complex, a 16,200 square foot
dispensary, on November 1st, 2018 and I am very pleased to announce
that in March we had 1,987 paying customers per day at an average ticket of
$89.17," said Larry Scheffler, co-CEO of Planet 13. "Monthly revenue
in March was over $5 million based on only 15% of the total square footage we
have on-site, adjacent to the Las Vegas Strip. To our knowledge, these results
are better than what we have seen from any dispensary in the U.S. Customers
have shown a desire to engage in an ultra-premium cannabis experience and with
an unparalleled, diverse range of high-quality products, and unique
entertainment value, the SuperStore is the only property that meets this
customer need. In March, almost 100,000 people entered our dispensary, and
other companies are starting to realize the value of our shelves, we are in
negotiations with multiple companies to sell premium shelf space and
advertising. The Phase II expansion,
which includes a coffee shop, pizzeria bistro, an event space, and a
consumer-facing production facility is all about building on the success of the
SuperStore. Each piece of Phase II is carefully designed to drive additional
traffic and cement the SuperStore as a must-visit destination when in Las
Vegas."
The company also announced
today that it has launched its third
wholly-owned brand, Leaf & Vine, following the significant success of its
Medizin line of connoisseur focused products and the TRENDI line of compact,
easy-to-use disposable vape and concentrate products. Leaf & Vine products
will be available on Superstore shelves today April 3, 2019.
Pure Global Cannabis Inc., an
integrated, growth-oriented life sciences and consumer products cannabis
company, operating through its wholly-owned subsidiary PureSinse Inc., a Health
Canada licensed cannabis producer, announced a
merchant agreement with BuyWell Corp, a wholly-owned and operated subsidiary of
Evergreen Pacific Insurance Corp., to include PureSinse's premium and selected
medical cannabis products under the BuyWell Care Cannabis Coverage Plan.
BuyWell Care is the first of its kind Medical Cannabis Coverage, which includes
access to BuyWell.com, an e-commerce marketplace for carefully curated health
and wellness products and services. BuyWell Care is part of a robust Evergreen
Pacific ecosystem for which includes approximately 100,000 patients through its
pain clinics and Synergy Health Network, which include approximately 10,000 who
are being treated with cannabinoid therapies. PureSinse will be amongst a
limited number of preferred licensed providers of premium medical cannabis
products to BuyWell's patient network. PureSinse will list its products on
BuyWell Care's secure platform.
Emerald Health Therapeutics, Inc. has
signed a letter of intent to supply cannabis to the Société
Québécoise du Cannabis (SQDC), Quebec's sole legal distributor of recreational
cannabis. Under the agreement, Emerald will supply cannabis to the SQDC from
its Québec-based Saint-Eustache facility, Verdélite, as well as from its
50%-owned joint venture, Pure Sunfarms, in Delta, BC. Emerald will fulfill its
first supply order in Q2 2019.
“Québec’s population of 8.4 million is a
sizable market and we are pleased to be able to offer locally-grown, quality
cannabis products to the adult-use consumers throughout the province,” said Dr.
Avtar Dhillon, President and Executive Chairman of Emerald. “Verdélite is now
near completion of the build-out of its 88,000 square foot indoor cultivation
facility and has been scaling up production in licensed areas of the operation.
We expect to be in full production and to also have nationwide distribution for
the recreational market in the months ahead.”
Emerald is currently delivering cannabis
in Ontario, British Columbia, Yukon, and Newfoundland and Labrador, and has a
signed sales agreement with Alberta Gaming, Liquor and Cannabis (AGLC) and is
registered by the Saskatchewan Liquor and Gaming Authority (SLGA) to supply
cannabis.
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