Investor Ideas #Potcasts; #Cannabis News and Stocks on the Move:
(NYSE: $ACB) (TSX: $ACB.TO), (TSX: $TGOD.TO), (CSE: $VREO.C) (CSE: $LDS.C)
Delta, Kelowna, BC –April 10,
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 insights from thought leaders and
experts.
Listen to the podcast:
Read this in full
at https://www.investorideas.com/news/2019/cannabis-potcasts/04101ACB-TGOD-VREO-LDS.asp
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 experts and industry
leaders.
Today
we are looking at announcements from Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), The Green Organic
Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF), Vireo Health
International, Inc. (CSE: VREO) and Lifestyle
Delivery Systems Inc. (CSE: LDS), (OTCQX: LDSYF).
But first, William "Beau"
Wrigley, Jr., Chairman and CEO of Surterra Wellness , one of the fastest
growing health and wellness companies in the United States (U.S.), today
highlighted the need for a change in the policy paradigm related to cannabis,
saying that "Americans are ready for the full spectrum of medical and
wellness benefits of cannabis." Wrigley's remarks came during a national
thought leader event hosted by news publisher Axios on "Shifting the Wellness
Paradigm," a conversation on medical cannabis as a health and wellness
alternative.”
At the
event, Wrigley discussed how decades of global brand building and a lifelong
passion for wellness spurred his interest in the burgeoning cannabis wellness industry
and in building a company that he sees as an industry model for the long run.
He also offered insights on Surterra's rapid growth and expansion into new
markets, the science helping doctors and individuals look beyond outdated
falsehoods about cannabis, and the need for policymakers to establish a
workable regulatory and business framework for a dynamic cannabis industry.
"We're
entering a new paradigm related to cannabis. Across the United States, public
perception and support of legal cannabis are shifting rapidly, as facts replace
outdated myths," Wrigley said.
"Americans are ready for the full spectrum of medical and wellness
benefits of cannabis – and at Surterra, we're building a company that can be a
role model and gold standard for the long run. Now policymakers must modernize
federal laws to align with the reality that cannabis is, and should be, part of
America's future."
The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF), announced that
its website, TGOD.ca, has been recognized with two prestigious global awards.
TGOD was presented two Horizon
Interactive Awards for the TGOD.ca website in the categories of Best Responsive
/ Mobile Website (Gold) and Best E-commerce Website (Bronze).
"We are thrilled to receive global
recognition for our new site," said Brian Athaide, CEO of TGOD.
"Having launched in only December 2018, the fact that we are already
receiving awards is remarkable. This recognition showcases the importance of
not only building a leading digital platform for the cannabis industry, but a
platform that competes across all industries."
Since 2002, the Horizon Interactive
Awards have recognized the best websites, videos, online advertising, print
media and mobile applications. The
competition receives thousands of entries from around the world which are then
judged by a panel of industry professionals specializing in advertising,
marketing and design to determine which works should be celebrated. Entries are
judged based on their design, creativity, technical approach, clarity of
message and overall effectiveness.
Aurora Cannabis Inc. (NYSE:
ACB) (TSX:
ACB) today
announced an update on the status of Aurora Sun,
the Company's latest and largest Sky Class facility, which is currently under
construction in Medicine Hat, Alberta. To support rapidly growing global demand
for high-quality medical cannabis in Canada and abroad, the facility will be
expanded to 1.62 million square feet, representing a 33% increase from its
originally planned 1.2 million square feet. With the Sky Class production
philosophy proven at Aurora Sky, the Company is confident in projecting an
expected production capacity at Aurora Sun in excess of 230,000 kg of
high-quality cannabis per annum.
Aurora's Sky Class facilities are the
most technologically advanced in the world. They are not greenhouses, but
purpose-built, indoor cannabis grow facilities that create the most optimal
growing conditions for cannabis. A sophisticated glass roof, rainwater and snow
melt recapture system, and a high-level of technology and automation give
Aurora full control over all anticipated environmental and harvest conditions,
resulting in the production of consistently high yielding, high-quality
cannabis at low-cost.
"Aurora Sun represents the next
evolution in our Sky Class facility design, delivering massive scale, low cost
production, and consistent, high-quality cannabis," said Terry Booth, CEO
of Aurora. "Particularly in newly-opened markets, establishing first-mover
position and embedding Aurora's market share and brand requires a stable and
reliable supply of high-quality cannabis for these markets. The increased scale
of Aurora Sun reflects our expectations for the long-term growth in global
demand, especially the higher margin international medical markets which will
be faced with significant supply shortages for the foreseeable future. Sun is
also designed with flexibility in mind to enable us to quickly meet changing
market demands, particularly as breeding and cultivation technologies evolve
and as customer preferences and requirements change."
Vireo Health International, Inc., (CSE:
VREO) a leading science-focused, multi-state
cannabis company, today
announced that Founder & CEO, Kyle Kingsley,
M.D., will host a Reddit Ask Me Anything (AMA) Session on Friday, April 12,
2019 at 8:00 a.m. EDT.
The Reddit AMA with Dr. Kingsley comes on
the heels of several recent Company milestones:
●
listing on the Canadian Securities
Exchange under the ticker symbol, VREO;
●
expansion into the Arizona medical
cannabis market with the acquisition of four entities which together manage the
vertically-integrated medical cannabis business of license-holder Arizona
Natural Remedies;
●
acquisition of the management of Red Barn
Growers, a holder of one New Mexico's medical cannabis licenses, which is a
vertically-integrated medical cannabis company, operating two medical cannabis
dispensaries, located in Santa Fe, NM and Gallup, NM; and
●
entry into Vireo's first adult-use
cannabis market, through the acquisition of Mayflower Botanicals Inc., a
Registered Marijuana Dispensary certificate holder in Massachusetts.
The Reddit AMA session will provide
participants with an opportunity to ask Dr. Kingsley questions about Vireo
Health and discuss his vision for replacing alcohol, tobacco and opioids with
cannabis. In order to ask questions, participants must have a Reddit account and visit the forum at http://bit.ly/KingsleyAMA.
Lifestyle Delivery Systems Inc. (CSE:
LDS) (OTCQX:
LDSYF)., announced that
its wholly-owned subsidiary, CSPA Group, Inc., has entered into a five-year
lease agreement for 20,000 square feet of warehouse space at $2 per sq. ft. per
month. The new facility will be used to expand the Company's transportation and
distribution operations in Adelanto, California.
The requirement to increase the square
footage for CSPA Group, Inc.'s transportation and distribution operations is
dictated by the expected start of operations of Highway 395 Dispensary and 420
Prime Delivery Service, which are currently scheduled for the 3rd
quarter of 2019. The new facility is conveniently located on the lot adjacent
to the current Adelanto manufacturing facility, removing the need to engage
third-party transportation services as well as allowing the Company to use its
current armed security services at both locations significantly reducing the
cost that would be required at any other location. The Company estimates its
initial transportation and distribution space requirements to be approximately
10,000 square feet, which will allow the Company to sublease an unused portion
of the building until increased space is required.
Brad Eckenweiler, CEO of LDS, stated,
"This additional facility will allow for significant market growth in all
CSPA Group's product lines as well as the products from Core Isogenetics, Inc.
The warehouse will hold inventory of both raw material and finished products,
and will include an environmentally-controlled storage space for seeds and
seedlings. The availability of this facility is certainly timely for our
operations; not only is it located in the green zone, but the proximity to our
manufacturing space will allow us to easily coordinate transportation and
distribution of our products saving us time and tens of thousands of dollars in
transportation and security costs."
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