Investor Ideas #Potcasts, #Cannabis News and Stocks on the Move -
(CSE: $NTAR.C) (CSE: $CROP.C) (CSE: $VREO.C) (CSE: $CHM.C)
Delta, Kelowna, BC –April 11,
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/04111NTAR-CROP-VREO-CHM.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 NexTech AR Solutions (OTCQB: NEXCF) (CSE: NTAR), CROP
INFRASTRUCTURE CORP. (CSE: CROP) (OTC: CRXPF), Vireo Health
International, Inc. (CSE: VREO) and Chemistree
Technology Inc. (CSE: CHM) (OTCQB: CHMJF).
NexTech AR Solutions (OTCQB:
NEXCF) (CSE:
NTAR)announced that it has completed its
acquisition of Infinite Pet Life, previously announced on March 19, 2019, for a
purchase price of $1,850,000. The pet industry has been experiencing explosive
growth and according to The American Pet Products Association, almost 85 million households have a pet and over the last
30 years pet ownership has gone from 56% to 68% of all households.
"We are pleased to complete our
third acquisition in just the first four months of 2019 and look forward to
continuing to execute on our aggressive growth-by-acquisition strategy. This
transaction positions NexTech to reach a projected $8.2 million USD in consolidated
revenue and $1 million in EBITDA for 2019 - a significant step toward becoming
cash flow positive," said Evan Gappelberg, CEO of NexTech. "We're
also excited for the opportunities this acquisition provides us from an AR
marketing standpoint. We now own a platform where we can bring our AR eCommerce
technologies to market and demonstrate the benefits our solutions can bring to
e-retailers around the world."
Through its acquisition of Infinite Pet
Life, NexTech not only gets a revenue-generating business but also a platform
with a broad customer-base in which to launch its AR and AI solutions to,
creating a one-of-a-kind eCommerce AR/AI showcase for consumers and prospects.
By utilizing NexTech AR and AI solutions throughout Infinite Pet Life, NexTech
will significantly advance its knowledge of the customer and their online
shopping journey through analyzation of real-time data and analytics. This
valuable information, effectively mapping out a customer's path to purchase,
will enable NexTech to accelerate the launch of its existing and new AR and AI
solutions for eCommerce.
CROP INFRASTRUCTURE CORP. (CSE:
CROP) (OTC:
CRXPF), announced today
that its Emerald Heights retail brand has started two additional retail
applications in California.
The first application, in Chula Vista,
has already been notified of passing phase 1 of the licensing process. The second, in Contra Costa, has had a letter
of intent submitted with the municipality and several appropriate locations
have been identified. CROP's business development team has started reviewing
several existing licensed M&A opportunities in California for a flagship location.
Furthermore, CROP has confirmed with the
brand product supplier that 330,000 pre-rolled cone sleeves have been shipped
with custom Hempire and Evolution filters. The pre-roll equipment, located at
the recently acquired NorCal distribution centre, can roll up to 10,000 cones
per day with sufficient flower remaining from 2018 to fill the cones.
Vireo Health International, Inc.. (CSE:
VREO), America's leading science-focused,
multi-state cannabis company, today
announced the acquisition of two medical cannabis
licenses in the State of Nevada. The licenses, which are conditionally approved
for adult-use cannabis, will enable Vireo to cultivate, manufacture, and
wholesale cannabis-based products to Nevada's licensed dispensaries. This
acquisition marks the tenth state in which Vireo is licensed – a milestone
achieved by only a select group of multi-state operators (MSO).
"A multi-state operator's
geographic footprint is a key
determinant of its success, and we believe that the ten states in which Vireo
is licensed to operate position the Company to deliver significant value to
shareholders," said Chief Executive Officer, Kyle Kingsley, M.D. "Our
expansion into Nevada also highlights our commitment to operate in adult-use
markets where our physician-led team can help consumers better understand the
potential health benefits of replacing opioids, alcohol, and tobacco with
cannabis."
On November 8, 2016, voters in Nevada
passed the Regulation and Taxation of Marijuana Act (Ballot Question 2) to
allow for the sale, possession, and consumption of recreational marijuana in
the state for adults 21 and older. Over $250 million dollars in cannabis-based
products were sold in 2018 in Nevada, according to the State's Department of
Taxation.
Chemistree Technology Inc. . (CSE: CHM) (OTCQB: CHMJF).announced the appointment
of Mr. Sheldon Aberman to the newly-created position of Chief Cannabis
Officer. This addition will further
strengthen its team and advance the Company's international expansion strategy,
cultivation practices and results in terms of yield, quality, consistency and
cost-effectiveness as it continues to execute across these areas and solidify
its position as a world leader within the industry.
"Sheldon is not only a Chemistree
Director, but also one of the founders of Chemistree. He has been integral to
the Company, overseeing our investment in Washington State, the expansion of
our Sugarleaf brand, and the successful receipt of the Conditional Use Permit
for the now underway development of 128,000 sq. ft. of canopy and 40,000 sq.
ft. of manufacturing and distribution in Desert Hot Springs, California."
stated Karl Kottmeier, Chemistree's President.
"We are thrilled to have him in this new position of Chief Cannabis
Officer, joining our team of experts that can execute across our growing
portfolio of assets, focused on turning ideas into revenues." Mr. Kottmeier continued, "Sheldon is a
world-renowned leader in the cannabis sector. He has tremendous experience and
an unrivalled contact list across the international cannabis community. With
this appointment we are even better positioned to continue to build and
optimize existing business and expand our operations across the United States
and ultimately to international markets.
Sheldon has delivered and proven time and again that he is exceptionally
well suited to lead this function."
Investor ideas reminds all listeners to read our disclaimers and
disclosures on the
Investorideas.com website and 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
Subscribe to the new cannabis podcast series:
Investorideas.com podcasts are also
available on iTunes, Spotify, Google
Play Music, Stitcher, Spreaker, YouTube
via Spreaker, iHeartradio and Tunein.
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
Investorideas.com is a recognized news
source publishing third party news and press releases plus we create original
financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto,
technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto Corner and Podcast, Play
by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News
and Stocks on the Move podcast and column,
Cleantech and Climate Change Podcast and
the AI
Eye Podcast and column covering developments in
AI.
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.
Learn more about Investor ideas podcast
and news publication services and costs https://www.investorideas.com/News-Upload/
Global investors must adhere to
regulations of each country.
Please read Investorideas.com privacy
policy: https://www.investorideas.com/About/Private_Policy.asp
Investor Ideas does not condone the use
of cannabis except where permissible by law. Our site does not possess,
distribute, or sell cannabis products.
Follow us on Social Media
Contact Investorideas.com
800-665-0411
