Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move (CSE:
$TGIF.C) (TSXV: $N.V) (CSE: $BEV.C) (CSE: $SOL.C)
Delta, Kelowna, BC –July 19th,
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/07191TGIF-N-BEV-SOL.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 we look at a few early
announcements.
But first, Global superstar Post Malone, founder of hemp and cannabis
brand Shaboink, announced
today the launch of American grown hemp
pre-rolls by Shaboink through a strategic partnership with Icon Farms, and
world-renowned cultivator Mario
Guzman, Founder of
designer cannabis brand
Sherbinskis.
"I'm proud to bring natural hemp
pre-rolls by Shaboink to market. It's a product I personally love and know my
fans will too," said Malone. "Our partners are best in class and so
is this product. The terpene flavors are great, and you can't beat an
all-natural pre-roll."
Shaboink's new line of hemp pre-rolls are
enhanced with a proprietary terpene flavor profile — "Posty OG" —
custom-made for Malone by Guzman — and are manufactured using only
American-grown hemp, plant-derived terpenes and water.
This first of its kind launch and new
category is the result of a strategic partnership and manufacturing agreement
with Icon Farms, an innovative company focused on combining best manufacturing
practices from high-volume tobacco production and clean, American-grown hemp
cultivation. Icon Farms brings decades of specialized industry knowledge from
its founders' family-owned, multi-generational tobacco production operations.
"The combination of our inventive
product development, operations management, and solid market presence, paired
with the loyal fanbase both Shaboink and Sherbinskis command, has created an
unprecedented national platform for a new era in American Grown Hemp. We are
proud to play a hand in pioneering this ground-breaking opportunity," explained
Jordan Gielchinsky, President of Icon Farms.
In addition to partnering with Shaboink,
Icon Farms also worked with Guzman to launch American-grown hemp pre-rolls by
Sherbinskis, infused with the cannabis icon's world-famous "Gelato"
terpene blend. Shaboink and Sherbinskis hemp pre-rolls will be sold in
individual and dual-branded packs and cartons.
"This is another historic moment for
Sherbinskis. It's my honor to pioneer the hemp category with Post Malone,
Shaboink and Icon Farms. I'll never forget the moment we all watched Icon's
tobacco machines replaced with hemp and saw the first batch of pre-rolls come
off the production line. It was unforgettable and a sign of what's to
come," said Guzman.
1933 Industries Inc. (CSE:
TGIF) (OTCQX:
TGIFF), reported
that it received both Clark County and Nevada
Department of Taxation final approval for the transfer of its existing
cultivation licenses to its new cultivation facility, which completes all the
necessary steps to begin the transfer of its cannabis plants.
Mr. Caleb Zobrist, Executive Vice
President and Legal Counsel commented, "We have worked closely with county
and state authorities to ensure the smooth transfer of our cultivation licenses
from the old facility to the new one. Having the licenses in place enables us
to commence cultivation operations in the new facility immediately."
With all site work completed, the Company
will begin the transfer of its cannabis plants, including 5,000 clones, and 200
moms to populate the new facility, with the aim of completing 2 full zones or
six rooms within a week in its first phase. The clones will vegetate for about
four weeks before beginning the flower cycle. "We will start acclimatizing
the plants in the new rooms and ensure that all life-support systems, such as
temperature, irrigation, light and humidity controls are functioning as
designed," said Mr. Tim Spencer, Director of Cultivation.
Once the new facility is fully
operational and all systems are optimized, the Company expects to produce
approximately 700-800 lbs. of dried cannabis per month, to be utilized for its
AMA branded flower and concentrate products currently sold to licensed
dispensaries throughout Nevada. AMA's live resins and vape pens are the
Company's best selling items due to their versatility and contain
cannabis-derived terpenes in a variety of flavours. The new facility will
provide better control over the input material for its live resin products and
use a flash freezing fresh flower process to preserve monoterpenes that are not
found in cured biomass. This process allows the Company to extract a better
representation of the full terpene profile of the flower for increased potency
and better taste.
Mr. Spencer remarked, "Our 26
in-house plant varieties were carefully selected for their quality and terpene
profiles. Our goal is to cultivate premium flower to produce the best
concentrates in the Nevada market at reasonable prices. We are also excited to
begin working with our world class breeder partner, OG DNA Genetics, as soon as
we settle in our new facility."
Namaste Technologies Inc. (TSXV:
N) (OTC:
NXTTF) today
announced the signing of three new agreements with
Canadian licensed producers, further
expanding the breadth of products offered within its online cannabis
marketplace. Included in the list of new LPs is Agro-Greens Natural Products
Ltd., of Macklin, SK and PureSinse Inc. of Brampton, ON. The Agro-Greens and
Puresinse agreements help solidify Namaste's, and its online platform
CannMart's, new fee-based model based on consignment versus traditional buy and
sell. This new model allows CannMart to manage working capital and the LPs to
retain their brand loyalty.
These new agreements highlight the
company's value proposition to LPs, enabling them to be vertically integrated
within the CannMart platform and providing the infrastructure to deliver
products to a new and larger audience. CannMart started sales on Oct 17, 2018
when cannabis legalized with 2 LP's, only 3 strains and 11 SKU's. Today
CannMart has supply agreements with 15 LP's, over 39 strains, and 170 SKU's.
Outside of Canada, the company has existing supply relationships in Columbia,
Australia and Israel, with imports pending government approval.
"The commitment and investment that
we have made in our people and technology is beginning to pay dividends,"
stated Meni Morim, interim CEO of Namaste. "Licensed producers are
increasingly recognizing this commitment, and see the value in our platform. As
our end-to-end business proposition continues to develop, we are on track and
focused to become the world's most customer focused marketplace for cannabis and
cannabis accessories".
Originally focused on dried flower and
pre-rolls, the company has continued to differentiate itself through expanding
into new product categories, including hemp pet food, and other every day
cannabis accessories. The onboarding of LP's to CannMart has allowed the
platform to offer additional products from new and existing LPs, with over 100
products added since the beginning of the year.
BevCanna Enterprises Inc. (CSE:BEV), announced
the results of its extensive North American-wide
consumer study, focused on product and consumption preferences within the
nascent cannabis-infused beverage market.
Conducted
by an independent research group on behalf of BevCanna, over 2,000 adults of
legal drinking age were surveyed on their interest and preferences in current
and potential products, purchase likelihood, preferred format (edibles,
beverages, topicals, etc.) and most likely consumption occasions (pain relief,
as a sleep aid, relaxation, etc). Survey participants were based in Canada, New
York and California.
The
study found that while more Canadians are aware of THC-based cannabis products,
and smokable/combustible forms of cannabis (joints, bongs, pipes) are currently
the most common methods of consumption, it was CBD-based beverages that had the
highest future purchase intent. Over 70 per cent of Canadian consumers would
“definitely” or “probably” purchase CBD-infused beverages once legal.
The
study also found that consumers across all regions see CBD-infused beverages as
contributing to a healthy lifestyle. Among 25 product concepts and six different
positioning territories surveyed, the top performing include ready-to-drink
spring water-based beverages, which consumers see as complementary to their
quality of life and contributing to a proactive approach to their wellbeing.
“The
opportunity for brand builders is to leverage clean ingredients, in compelling
and crave-worthy beverages that appeal to a health-conscious consumer” said
Emma Andrews, Chief Commercialization Officer at BevCanna and Registered
Nutritionist. “Our research indicates that consumers are eager to try infused
beverages to reduce/relieve pain, at the end of the day to relax or unwind, or
to help them achieve a more restful sleep, even if there are limitations on
health claims connected to recreational/adult-use products. Ultimately the
product has to deliver on the expected outcome.”
And
while Canadian consumers would also consider THC beverages as a means to relax
and unwind, they tend to associate THC with consumption occasions such as
hanging out with friends, or social gatherings. The study also found that 45
per cent of Canadian consumers don’t associate cannabis with alcohol, viewing
them as suitable for completely separate consumption occasions.
SOL Global Investments Corp. (CSE:SOL) (OTC:SOLCF)
expects to release results for the years ended March 31, 2019 as well as a
comprehensive corporate update on July 29, 2019 after market close. SOL Global
also expect to provide detail on the Company's NAV in the release to provide
the market and analysts with clarity on the substantial delta between their
intrinsic value versus today's stock price.
The Company will host a conference call
Wednesday, August 7th, 2019 to discuss the corporate update in-depth. Brady
Cobb, Chief Executive Officer, will host the call starting at 8:00 a.m. Eastern
Time. A question and answer session will immediately follow an initial
presentation. Additional participants from SOL Global will include Andy
DeFrancesco, Chief Investment Officer and Chairman, Peter Liabotis, Chief
Financial Officer and Paul Norman, Chief Executive Officer of SOL Global
portfolio company HeavenlyRx.
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