Friday, 16 August 2019
Thursday, 15 August 2019
Investorideas.com - Cannabis Stock News: 1933 Industries (CSE: TGIF) (OTCQX: TGIFF) Signs Strategic Management Agreement to Expand its Brands into California, the Largest Cannabis Market in the World
Investorideas.com - Cannabis Stock News: 1933 Industries (CSE: TGIF) (OTCQX: TGIFF) Signs Strategic Management Agreement to Expand its Brands into California, the Largest Cannabis Market in the World
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www.investorideas.com - news that inspires big ideas
Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: Interview with Ionic Brands (CSE: $IONC.C) (OTC: $IONKF) CEO, John Gorst
Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move:
Interview with Ionic Brands (CSE: $IONC.C) (OTC: $IONKF) CEO, John Gorst
Delta, Kelowna, BC –August
15th, 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/08151Interview-IONC-IONKF.asp
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 Investorideas.com interviews Ionic Brands (CSE: IONC) (OTC: IONKF) CEO John Gorst, and he discussed the
company’s recent announcement of the acquisition of
Zoots, a Washington-based premium cannabis edibles
brand, as well as the cannabis retail and wholesale industry.
Zoots
is a state-of-the-art, cannabinoid edibles company, and one of the first major
players in the cannabis-infused edibles market. Zoots’ product line includes
drops, gummies, energy shots and hard candies manufactured to offer consistent
and reliable dosing.
Ionic
Brands is focused on building a multi-state consumer-focused cannabis
concentrate brand portfolio focusing on the premium and luxury segments. The
cornerstone Brand of the portfolio, IONIC, is the #1 vaporizer brand in
Washington State and has aggressively expanded throughout the West Coast of the
United States. The brand is currently operating in Washington, Nevada, Oregon
and California. IONIC BRANDS’ strategy is to be the leader of the highest-value
segments of the cannabis market and expand nationally.
When
asked what investors should be paying close attention to for the rest of 2019
and moving into 2020, John responded, “I think legislation is always something
you should keep an eye on. It’s in a constant state of flux. I think one of the
biggest inflection points coming up in the near future here is the Safe Banking
Act. I think that if that gets passed and US investors and institutions are
able to enter the market and fund cannabis companies that would be a huge
inflection point. I think that what we are going through in the market, from a
capital markets perspective is good. I think it’s a cleansing process. I think
that your going to see a lot of good operators rise to the top, and I think
you’re going to have a lot higher quality companies to choose from for
individual investors.”
When
asked about the future of Ionic Brands, John commented, “We've focused a lot of
our resources on building out tier 1 infrascture. One of the biggest things
that I think will be beneficial for us and our shareholders is the fact that we
spent the time to focus on building the infrastructure, systems and operating
procedures to scale this business out. Now we are ready to go out there and
focus on growth.”
Ionic Brands recently announced that PharmaCann LLC’s Illinois dispensaries
are exclusively launching Zoots Cannabis Infused Edibles and will be available
this month, providing consistent relief for medical cannabis patients.
Verilife dispensaries, owned and operated
by national vertically integrated cannabis operator PharmaCann, will offer
drops, chews and energy shots from the Zoots line of products. “Zoots is an
ideal fit for Illinois medical cannabis patients seeking relief through a
premium edible product that delivers consistent and reliable results,” said
Brett Novey, Chief Operating Officer for PharmaCann. “We are excited to offer
Illinois patients access to the Zoots line of premium edible products initially
through our Verilife branded dispensaries, with plans to extend this offering
to patients throughout the entire state of Illinois via our extensive wholesale
network.”
John Gorst also informed me that Ionic
Brands expects to release their Q2 financial results within the next coming
weeks and to find out more information on Ionic Brands visit their website here.
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:
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Investorideas.com is a recognized news
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Cleantech and Climate Change Podcast and
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Eye Podcast and column covering developments in
AI.
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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
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All investing involves risk and possible losses. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. 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. Contact management and IR of each company directly regarding
specific questions.
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How #Retail and #Ecommerce #CBD Outlets are Generating Revenue - (OTC: $HIPH) (OTC: $PURA) (OTC: $MCOA) (OTCQB: $RMHB) (TSX: CRON.TO) (NASDAQ: $CRON)
How #Retail and #Ecommerce #CBD Outlets are Generating Revenue - (OTC: $HIPH) (OTC: $PURA) (OTC: $MCOA) (OTCQB: $RMHB) (TSX: CRON.TO) (NASDAQ: $CRON)
Point Roberts WA, Delta, BC –August 15, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot focusing on the growth of retail and e-commerce CBD sales in the US which are beginning to generate early revenues for hemp/CBD companies.
A recent article in Forbes discussed the uptake of retail sales in the CBD space. “The CBD market is moving towards mainstream retailers and is projected to be over $20 billion in sales by 2024. Walgreens, Sprout, CVS, Ulta Beauty, GNC Holdings, Urban Outfitters are just a handful of retailers offering or looking to offer, CBD products to consumers.”
Read this news in full at: https://www.investorideas.com/news/2019/cannabis/08151CBD-Retail-Ecommerce.asp
Cronos Group ( TSX: CRON) (NASDAQ:CRON) , a Toronto-based marijuana company, predicts CBD customers in the United States will be the “largest contributor” to its sales over the next couple of years.
The comments came as Cronos released its first earnings report since the company announced plans to spend $300 million in the U.S. hemp market through the acquisition of four operating subsidiaries of Los Angeles-based Redwood Holding Group.
“It’s fair to estimate that the U.S. CBD market will likely be the largest contributor (to sales) over the next year or two,” Cronos CEO, Michael Gorenstein said.
American Premium Water Corporation (OTC: HIPH) announced that it is reaffirming its $1 million revenue guidance for fiscal year 2019. The projection is based on existing orders and future orders in the Company’s pipeline from its LALPINA CBD water, partnerships and co-branded product leveraging the Company’s proprietary Hydro-Nano technology, expanded distribution of Vanexxe, and other initiatives in the pipeline; a more comprehensive breakdown:
● Two-Container Order: the Company received a two-container order from a distributor in the UK. The Company has begun delivery of order
● US Distributors: the Company is in discussions with distributors in New York, New Jersey, Pennsylvania, Florida, California, Missouri, Nevada, Arizona and Oklahoma.
● International Distribution: The Company is engaged in discussion with distributors in Mexico, Columbia, Australia and Thailand
● CBD Pet Water: The Company’s joint venture with LinkRes Pets is slated to launch for sale this August
● Hanlons Brewery: the Company is finalizing testing with Hanlons Brewery and is looking to roll-out the CBD infused beer by the start of the 4th quarter
● THC Formulation: the Company is looking to launch its THC version of its proprietary Hydro Nano formulation by the end of this year in California
● Vanexxe: the Company is in discussions with several big box retailers for retail and e-commerce distribution.
● Partnerships and JVs: the Company has been engaged in working with other partners on marketing, branding, and distribution in the CBD and non-CBD sectors.
American Premium Water Corporation CEO, Ryan Fishoff, commented: “The Company is confident that it will achieve its $1million revenue guidance for the year. Our goal is to surpass this number and I believe we are on track to accomplish this. Despite the volatility in the market, nothing has changed; the Company remains committed to executing its business plan and achieving short and long term benchmarks. We have begun the two year audit with Weinberg & Co. and are working towards becoming fully reporting by the end of the year. There is a lot in the pipeline; management is working feverishly to get all these initiatives off the ground as investments that the Company has made in acquisitions, intellectual capital, and products are beginning to pay off. Aside from everything that’s been discussed in the public domain, there are other partnership and acquisition discussions that are currently underway. It’s a very exciting time for the Company; as progress is made, I look forward to updating shareholders on developments as soon as I’m able to.”
LALPINA CBD water can now be purchased online by visiting https://www.singleseed.com/product/lalpina-cbd-water-6-pack/
Puration, Inc. (OTC: PURA) and Kali-Extracts recently confirmed adding CBD infused tea to its new line of CBD beverage partnerships.
Last week, PURA and KALY published a management presentation to provide shareholders with more details on PURA’s recently implemented program to introduce CBD infused versions of existing third-party beverages. PURA has recently announced plans to introduce a CBD infused beer in partnership with an existing beer producer. In similar fashion, PURA is partnering with an existing coffee producer to introduce a CBD infused coffee. In conjunction with the presentation published last week, PURA announced a third partnership to develop CBD infused tea. Additional partnerships are in the works.
PURA is a leading CBD infused beverage company having produced over $1 million in CBD beverages in the United States last year. PURA has targeted $4 million in sales for 2019. The presentation is included in its entirety on the company’s website.
PURA works closely with its partner KALY, the owner of a US-Patented cannabis extraction process in the implementation of the plan to introduce infused versions of existing beverages.
MARIJUANA COMPANY OF AMERICA INC. (OTC: MCOA), an innovative hemp and cannabis corporation, and joint venture partner Global Hemp Group Inc. announced that their joint venture subsidiary, Covered Bridge Acres Ltd. has started generating revenue through operations at its hemp farm in Scio, Oregon.
Through a combination of the sales of raw biomass, plantlets, CBD crude oil and CBD distillate produced from various processing test runs, along with other farm operations, CBA generated $525,500 in its first year of operation.
In its most recent transaction, CBA sold 10,000 lbs of shucked biomass to an Oregon extraction facility for $400,000. The CBA team is currently working with this party and a number of others, to complete the purchase of the remaining inventory.
Initially, CBA was expecting to monetize the 2018 hemp biomass after entering into a processing agreement with Richardson Gap Farm LLC (RGF), as disclosed on May 18, 2019. However, RGF was unable to process CBA’s biomass due to unforeseen issues with its processing equipment. Although RGF produces high quality distillate, CBA was no longer willing to delay the monetization of its biomass any further and decided to sell the biomass to another extractor. With multiple offers on the table to purchase the biomass, CBA shucked the biomass (removed stalks and stems) and completed the sale.
CBA still has approximately 4,000 lbs of un-shucked biomass out for processing into distillate by additional extractors, and will split the final product on a 50/50 basis with its joint venture partner, Marijuana Company of America, Inc. (OTC: MCOA). Once processed, it will be sold along with inventory on hand (8 kg of 92% distillate that was processed by RGF from crude oil CBA received from other processors test runs). Recent sales of this type of distillate have been in the $4,000 per kg range.
Innovation and mechanization are key components to reducing labor costs on the farm. In preparation for the handling of this year’s harvest, the CBA team specifically designed a shucking machine to remove the flowers and leaves from the stalk and stems and is in the process of fabricating a prototype, having reserved a small amount of biomass to test the equipment. Once shucked, the biomass will be processed into distillate for sale on the open market later this summer.
Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management Company specializing in high-quality health and wellness products, announced that it has entered into an agreement with Water Event Pure Water Solutions of Carrollton, Texas to distribute hemp-derived CBD products to its expanding 15,000 home, office and retail customer base.
Established in 1971, Water Event is independently owned and operated by Brian Rose, who has been in the home and office water delivery business for over 34 years. The corporate office, manufacturing facility and retail store are in Carrollton, Texas. The company also operates warehouse distribution facilities in Houston, Austin, and Sherman/Denison. Water Event is also in the water filtration and water bottling business.
Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands said, “Water Event’s fleet of delivery trucks service 15,000 customers in the highest population growth areas in Texas, including Dallas/Ft. Worth, Houston, Austin/San Marcos, San Antonio, and Sherman/Dennison. Their customers include office buildings, residential homes and select retail establishments. The Company’s agreement with Water Event includes our HEMPd Wellness for Life Products:
● Tinctures
● Water Soluble Solution
● Capsules
● Gummies
● Salve
● Lotion
as well as our HEMPd CBD-Infused Flavored Waters, our Rocky Mountain Hemp Seed Extract-Infused beverages, and our Rocky Mountain High Hemp-Infused Energy drinks.”
Mr. Welch continued, “Water Event has solidified its place as the premier home and office delivery service in Texas because of their quality of products and extraordinary customer service. For us to be able to sell our hemp-derived CBD products alongside someone with Mr. Rose’s credentials and customer base puts us on the forefront of a rapidly growing Texas market.”
Mr. Welch concluded, “We are pleased to have the opportunity to expand our relationship with Water Event and Mr. Rose. In fact, we have our next bottling run of Eagle Spirit Spring Water scheduled for the week of August 5, 2019 at Water Event.”
Brian Rose, owner of Water Event, stated, “Now that Texas has passed a law allowing the sale of CBD oil, there is a tremendous opportunity in this exciting product category. It is important to have the right CBD products on my trucks. I chose Rocky Mountain High Brands due to their high standards and involvement with the U.S. Hemp Roundtable and that gives me confidence that their products are safe, legal, and are some of the best in the industry. By partnering with Rocky Mountain High Brands, Water Event is harnessing the expertise and capabilities of a dynamic young hemp company to accelerate my company’s growth.”
As more retailers look to expand their CBD offerings and as brand awareness builds for online sales we should start to see if market projections meet reality over the next 4 quarters and if the revenue predictions based off of early demand will hold and rise as is expected.
For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks
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.
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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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
Disclosure: this article featuring HIPH is a paid for service on Investorideas.com ( third party) (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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