Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (TSXV:
$HEMP.V) (NYSE: $ACB) (TSXV: $FLWR.V) (CSE: $TTT.C)
Delta, Kelowna, BC –July 31,
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/07311HEMP-ACB-FLWR-TTT.asp
Today’s podcast overview/transcript:
Good
afternoon and welcome to another episode of Investorideas.com “Potcast”
featuring 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, Pineapple Express Delivery announced that it has launched its newest hub in
Regina and is now providing both long haul B2B delivery services for Licensed
producers operating in the province, as well as same day consumer deliveries
for the major retailers.
Starting with the primary hub in Saskatoon
which launched in March 2019, Pineapple Express Delivery has systematically
extended its reach across the province and now operates in Warman,
Martinsville, Regina, Moosejaw and Saskatoon.
Randy Rolph, CEO of Pineapple Express
Delivery: "Setting up in Saskatchewan has been a pleasure and we are happy
to be able to meet demand and expand our reach. The government is very
responsive which helps us to ensure that we maintain our high level of
compliance. It has been rewarding to be able to set up with existing partners
like Tweed and Meta as they expand into a new province and we have forged new
partnerships that we are very proud of. We intend to continue this trend
province by province as the regulations permit"
Pineapple Express Delivery is proud to be
providing services in Saskatchewan for Tweed, Meta and National Access Cannabis
with their New Leaf retail model, National Cannabis Distribution, Kiaro,
WestLeaf with their Prairie Records retail model, 5 Buds and Jimmy's Cannabis.
Hempco Food and
Fiber Inc (TSXV:HEMP) announced that Institutional Shareholder Services
Inc. ("ISS"), a leading independent proxy advisory firm, has
recommended that shareholders of Hempco vote FOR the shareholder resolution pertaining to the acquisition by Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), of all of the issued and outstanding
shares of Hempco which Aurora does not already currently own. Aurora currently
holds 51% of the outstanding common shares of Hempco.
If
the Arrangement Resolution is passed by Hempco shareholders, each Hempco shareholder
other than Aurora, will receive $1.04 per Hempco share, payable in common
shares of Aurora shares at a deemed value of $12.01, resulting in an exchange
ratio of approximately 0.08659 Aurora shares for each Hempco share.
The
meeting to approve the Arrangement Resolution is scheduled for August 13, 2019,
at 9:00am Vancouver time. The deadline
to vote is August 9, 2019, at 9:00am Vancouver time.
The Flowr
Corporation (TSX.V: FLWR) (OTC: FLWPF) and TruTrace
Technologies Inc. (CSE: TTT) (OTCQB: TTTSF) today announced that Flowr joined the Shoppers Drug Mart
medical cannabis verification pilot program, which was announced last month at
the World Cannabis Congress. The Pilot Program is intended to increase
transparency, interoperability and product identification within the medical
cannabis industry.
The
Pilot Program uses TruTrace's StrainSecure™ technology as a central hub for
identity management, asset tracking, validation, and product authentication.
StrainSecure™ will also serve as a master registry for standardized testing,
product verification, and quality assurance.
Under
the StrainSecure™ program, the TruTrace team collects plant testing data and
performs genomic verification in plant batches which are then registered in a
blockchain-enabled database for intellectual property protection and strain
validation. All information gathered from the plants, including their molecular
and chemical makeup, can be tracked via the program.
"Our
medical cannabis products in Canada are available through Shoppers as we
believe the pharmacy model offers significant benefits to patients. We fully
support the objectives of this Pilot Program and look forward to working with
our partners to ensure patients have access to medicinal cannabis they can
trust," said Dr. Lyle Oberg, Flowr's Chief Medical and Policy Officer.
"Medical cannabis patients expect that their medication is safe,
standardized and of high quality, and we believe this formal traceability
program can play an important part of the overall process of building that
trust."
Flowr
has a supply agreement with Shoppers to supply its FlowrRx brand of medical
cannabis products. Patients can visit Shoppers' ecommerce site, shoppersdrugmart.ca/cannabis, to learn more.
Cannvas MedTech
Inc. (CSE: MTEC) (OTC: CANVF), announced its intention to change its name from
Cannvas MedTech Inc. to "Eurolife Brands Inc." to better reflect the
direction of the Company's business activities. Concurrent with the name
change, the Company will be completing a subdivision of its issued and
outstanding common shares on the basis of four (4) new Shares for every one (1)
Share held. The company has additionally secured the trading symbol
"EURO".
"We
are excited to rebrand as EuroLife Brands as we grow and expand beyond North
America, bring cannabis education, analytics and some of the worlds most
popular brands to the international markets and emerging regions around the
world while aggressively executing on strategic M&A opportunities with
like-minded organizations around the world," said Steve Loutskou, Chief
Operating Officer, Global Markets, Cannvas MedTech. "We are confident this
rebranding effort, coupled with a refreshed and targeted direction for our
lines of business, will maximize shareholder value as we build EuroLife Brands
into an first-mover industry leader in Europe, South America and beyond."
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
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