Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move (CSE:
$SLNG.C) (TSX: $APHA.TO) (NYSE: $APHA) (CSE: $OH.C)
Delta, Kelowna, BC –May 14,
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/05141SLNG-APHA-OH.asp
Today’s podcast overview/transcript:
Good
afternoon and welcome to another episode of Investorideas.com “potcasts”,
looking at cannabis news, stocks to watch as well as insights from thought
leaders and experts.
In
today’s podcast I look at a few of the day’s earlier announcements.
But
first, Strainprint™
Technologies Ltd, the
leader in cannabis data and analytics, is pleased to be recognized for
"Best App" at the 2019
O'Cannabiz Industry Awards Gala.
"We
are so incredibly humbled to receive this award," said Strainprint CEO,
Andrew Muroff. "From the very beginning, we designed the Strainprint app
as a tool by patients
for patients.
To date, we have
already helped tens of thousands learn which strains, doses and routes of
administration are working best for them and their symptoms. Being voted
"Best App" inspires us to not rest on our success, but rather to
continually advance our technology and tools to create next-generation products
that provide wider wellness support for our patients that use cannabis. In the
end, it's all about helping patients use cannabis better."
To
date, Strainprint has gathered more than 1.2 million real-time patient reported
outcomes from tens of thousands of medical cannabis patients treating with
lab-tested products. These valuable patient insights can be leveraged by
licensed producers, clinics, researchers, pharmacists, physicians, government
and the entire global cannabis industry.
Founded in Toronto in 2016, Strainprint™ Technologies Ltd. is the leading
demand-side cannabis data and analytics company. With the world's largest
longitudinal, observational data-set of its kind and a mission to advance the
scientific understanding of cannabis and its legitimization as a mainstream
therapy, Strainprint helps medical cannabis patients and doctors to use
cannabis in the most effective and responsible way possible. The Strainprint
data platform supports global cannabis research and provides advanced business
intelligence and treatment guidance to producers, retailers, medical
practitioners, pharmacies, government and industry. Strainprint is HIPAA,
PIPEDA and PHIPA privacy compliant, military-grade encrypted and all patient
data is completely anonymized and at rest in Canada. Strainprint can be seamlessly
embedded or integrated with most electronic medical records (EMR) and seed2sale
software systems. Strainprint Analytics is accessed by customer subscription. The Strainprint
app is free
to patients and can be downloaded from both the iOS App Store and Google Play
Store. www.strainprint.ca, Facebook, Twitter, Linkedin.
SLANG Worldwide Inc. (CSE: SLNG), a
leading global cannabis consumer packaged goods company with a robust portfolio
of renowned brands distributed across 2,600 stores in 11 US states, announced that
it has entered into an agreement to acquire LBA Global Corporation and its
Lunchbox Alchemy brand portfolio and subsidiary Hydra Distribution. The
proposed transaction will bolster SLANG's position in the Pacific Northwest by
adding a complementary portfolio of top-selling products in Oregon and California and robust supply chain and distribution capabilities.
Founded in 2014, LBA is the owner of the
award-winning Lunchbox Alchemy portfolio of cannabis brands, which has been
recognized for its innovations in cannabis-infused edibles and concentrate
production. Today, LBA owns and manufactures a variety of ingestibles products
(gummies, hard candies, and pastries) that collectively rank as the 2nd
best-selling ingestible brand in Oregon since 2014, per BDS Analytics. Lunchbox
Alchemy also owns a CBD-infused product line that is currently available in
retail stores in 40 states across the US.
SLANG Co-Founder and CEO Peter Miller
said, "Lunchbox Alchemy's products have proven themselves in some of the most
competitive markets in the US. Their success is based on knowing what consumers
want and delivering consistent product quality, diverse portion sizes,
formulations and high-quality organic and vegan ingredients. LBA's impressive
management team, with their diverse CPG expertise, and the company's
extraction, manufacturing facilities and distribution business will bring
significant new opportunities for SLANG's branded products in Oregon and
California, further establishing SLANG's position as a leading global cannabis
CPG company."
Aphria Inc. (TSX:
APHA) (NYSE:
APHA), a leading global cannabis company
today announced several new executive appointments
including James Meiers to the role of Chief Operating Officer, Aphria Leamington,
Tim Purdie as Chief Information Officer & Chief Information Security
Officer, and Maureen Berry as Vice President, Corporate Human Resources.
The Company also announced that Jakob
Ripshtein, Aphria's President, will resign from the Company. Mr. Ripshtein will
remain in his current role until June 7, 2019. His current responsibilities
will be shared among the existing senior leadership team.
"On behalf of the Board of Directors
and Aphria team, we thank Jakob for his contributions to the Company over the
past year and wish him well in his future endeavors. He has been instrumental
in assembling the incredible team we are fortunate to have today that will
carry his responsibilities forward," said Irwin D. Simon, Interim Chief
Executive Officer of Aphria Inc. "I am very pleased to welcome Jim and
Maureen to Aphria, and to promote Tim. A top priority for us is to continue to
build our executive talent and culture.
We believe today's appointments demonstrate our commitment to adding
depth, experience and leadership to our team as we further advance Aphria's
strategic priorities in Canada and around the world."
"At Aphria, we remain focused on
creating long-term shareholder value by leveraging our strong brand
positioning, superior distribution model, product innovation, industrial scale
cultivation and automation, medical-use leadership, and our strategic global
platform, which we intend to amplify using proceeds from the Company's recent
US$350M offering," continued Simon. "We are pleased to share that the
ramp-up of our growing operations in Parts IV and V at Aphria One are
progressing smoothly and Aphria One is on-track to reach its annualized
production capacity of 110,000 kilograms by the end of 2019"
Simon concluded, "We have great
opportunities around the world, including the recent award of our cultivation
license in Germany, as well as in the U.S., where we are thoughtfully moving
forward with strategic priorities to be in a position to succeed as the U.S.
market evolves"
CannaRoyalty Corp. d/b/a Origin House (CSE:
OH) (OTCQX:
ORHOF), a North American cannabis products and
brands company, today
announced that it has filed its management
information circular, letter of transmittal and related proxy materials and
will commence delivery of the Meeting Materials for its special meeting of
shareholders to be held on June 11, 2019 in connection with its previously announced statutory plan of arrangement in which Cresco Labs Inc. will acquire all of
the issued and outstanding shares of Origin House.
Shareholders of Origin House should
receive these Meeting Materials by mail shortly. The Meeting materials are also
available on Origin House's website at www.originhouse.com and on
SEDAR at www.sedar.com, under the Company's profile.
Origin House encourages shareholders to
read the Meeting Materials in detail. To ensure that your Origin House shares
will be represented at the Meeting, shareholders should carefully follow the
voting instructions provided in the Meeting Materials. The deadline for the
receipt of proxies is 10:00 am ET on June 7, 2019.
Assuming that the conditions to the
completion of the Arrangement are satisfied, it is expected that the closing of
the Arrangement will be completed prior to the end of June 2019.
After consulting with its financial and
legal advisors, the Board of Directors of Origin House has unanimously
recommended that shareholders of Origin House vote FOR the Arrangement.
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