Monday, 9 September 2019
Investorideas.com - XPhyto Therapeutics (CSE: XPHY) Signs Exclusive German Cannabis Agreement with Elite Bavarian Brewing & Beverage Institute
Investorideas.com - XPhyto Therapeutics (CSE: XPHY) Signs Exclusive German Cannabis Agreement with Elite Bavarian Brewing & Beverage Institute
www.investorideas.com - news that inspires big ideas
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Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move: (TSX: $TGOD.TO) (OTC: $TGODF), (TSX: $RIV.TO) (OTC: $CNPOF), (TSX: $VFF.TO) (NASDAQ: $VFF)
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move: (TSX:
$TGOD.TO) (OTC: $TGODF), (TSX: $RIV.TO) (OTC: $CNPOF),
(TSX: $VFF.TO)
(NASDAQ: $VFF)
Delta, Kelowna, BC –September 9, 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/09091TGOD-TGODF-RIV-CNPOF-VFF.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.
The Green Organic
Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF), a
leading producer of premium certified organic cannabis, and Caliper Foods
(formerly Stillwater Foods), a best-in-class provider of water-soluble
cannabinoid products, unveiled the results of a preliminary human
pharmacokinetic ("PK")
study of Caliper CBD, Caliper Foods' proprietary tasteless and odourless
water-soluble powder that can be added to almost any food or beverage.
TGOD
intends to commercialize organic cannabinoid dissolvables in Canada beginning
in December 2019 under the TGOD-Infusers line of premium cannabis products. The
Company has already developed novel fast-acting formulations leveraging this
technology with its lineup of organic teas, shots, chewables, and
ready-to-drink beverages. In the US,
Caliper Foods plans to release Caliper CBD, its own line of precision-dosed CBD
dissolvables, this fall.
For
this study, half of the participants were administered 30mg of Caliper Foods'
water-soluble CBD powder in 8oz of water while the other half received 30mg of
CBD dispersed in MCT oil. Blood samples were drawn at pre-determined times over
six hours. Early data shows that the
group that received Caliper CBD demonstrated faster onset within 15 minutes,
with higher concentrations achieved at 15 minutes compared to the maximum
concentration achieved at 45 min with the CBD in oil formulation, and a
4.5-fold higher observed total bioavailability. The CBD was largely eliminated
from the body after about 6 hours for both Caliper CBD and CBD oil subjects,
and a more rapid reduction was observed with the Caliper CBD subjects after 45
minutes.
Following
this promising initial study, TGOD and Caliper Foods will shortly conduct a
confirmatory Clinical Phase 1A PK study that will test the Caliper CBD technology
formulated into TGOD's planned portfolio of products including beverages, teas,
Infusers, and capsules. The study will be conducted in collaboration with a
leading US academic institution.
"We
are delighted with these PK results as they confirm the enhanced
bioavailability and consistent absorption rates of our proprietary ingredient
technology, which can infuse both CBD and THC. This study confirms that
consumers absorb 4.5 times more CBD with Caliper CBD than with CBD in MCT
oil," commented Keith Woelfel, Director of R&D at Caliper Foods. "Our R&D team is working closely
with TGOD on the next phase of the clinical study, which, if it confirms the PK
results in additional product forms, will make Caliper Foods' and TGOD's
product suites highly differentiated in terms of substantiated quality."
"We
are thrilled with the results of this preliminary PK study which demonstrate
the consistency and precision of Caliper Foods' proven proprietary technology
which is already available in Colorado and which TGOD will commercialize in
Canada. Based on this early data, Caliper CBD provides a higher and faster
absorption level when compared with CBD-infused oil, which opens a number of
possibilities for both the medical and adult-use markets. Patients and consumers are increasingly
informed and savvy, and we plan to seize on the market demand for organic CBD
and THC-infused products backed by data-driven science and clinical
evidence," commented Dr. Rav Kumar, Chief Science Officer of TGOD.
"We are enthusiastically awaiting our Clinical Phase 1A PK results in time
for Cannabis 2.0 in Canada."
Caliper
Foods' technology consists of a suite of zero-calorie, fast-acting,
water-soluble solutions that can simply and easily infuse cannabinoids into
beverages, food, and other consumer goods.
It is formulated to quickly absorb into the bloodstream with a
predictable onset and offset, allowing these products to offer a consistent,
controlled, and safe experience. While
cannabinoids are naturally fat-soluble and tend to have a bitter taste, Caliper
Foods' ingredient technology eliminates the need for fat molecules to speed
absorption or added sugar to mask the bitterness. As a result, it enables
healthier, better-tasting products with no additional fat, sugar, or artificial
flavours.
TGOD
has an exclusive agreement with Caliper Foods to license the Caliper CBD's
ingredient technology, as well as other proprietary beverage and food
technologies and formulations related to cannabinoid-infused consumer packaged
goods within Canada and distribute to certain international jurisdictions
outside of the United States.
Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF), announced that, as of the opening of the markets
today, its class A subordinate voting shares will begin trading on the Toronto
Stock Exchange under the ticker symbol "RIV". This milestone was
achieved within less than one year of Canopy Rivers' initial go-public
transaction. No further action is required by existing shareholders.
"We
are proud to join a class of issuers that includes many reputable domestic and
international companies," said Narbe Alexandrian, President and CEO of
Canopy Rivers. "We believe that graduating to the TSX will improve
awareness about Canopy Rivers and enhance liquidity for our shareholders and
other market participants."
On
September 24, 2019, Canopy Rivers will participate in the TSX market open
ceremony.
THC BioMed Intl
Ltd. (CSE: THC) announced that Health Canada has completed an
inspection at its flagship Acland road facility.
"This
inspection brings us a step closer to supplying adult Canadian Cannabis users
with an alternative, brand-new product THC Kiss," commented John Miller,
CEO of THC.
"We
believe licensed producers need to be more innovative and invent their own
brand of new products. These products need to be better than products currently
available on the grey market, rather than copying and trying to compete with
current illicit market products."
THC
Kiss is a new, innovative Cannabis beverage invented by THC.
THC
Kiss, when approved, will only be available through authorized provincial
distributors as well as registered patients.
The
company will also be submitting a new product application in the next few days
for approval to distribute our Automated Pure Cannabis Pre-Rolls.
Village Farms
International, Inc. (TSX: VFF) (NASDAQ: VFF) today announced that its 50%-owned joint venture for
large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has
received from Health Canada the amendment to its license permitting it to sell
and distribute packaged, Pure Sunfarms-branded dried cannabis products directly
to provincial/territorial wholesalers and authorized private retailers in
accordance with provincial/territorial frameworks in Canada (sometimes referred
to as a "packaging license"), effective immediately.
Pure
Sunfarms has supply agreements in place with the Ontario Cannabis Retail
Corporation (the "OCRC", operating as the Ontario Cannabis Store) and
the British Columbia Liquor Distribution Branch (the "BCLDB") and
expects to begin shipping Pure Sunfarms-branded products to both the OCRC and
BCLDB in the coming weeks. Combined, Ontario and British Columbia comprise more
than half of Canada's population.
"We're
thrilled to receive this amendment to our license and be able to make our
product available to cannabis consumers across the country," said Mandesh
Dosanjh, President and Chief Executive Officer, Pure Sunfarms. "Pure Sunfarms will begin to roll out
our consumer brand over the coming weeks and Canadian consumers will soon be
able to try our product, proudly grown right here in B.C., for themselves.
Cultivated with the highest standards by the most experienced growers in the
industry, we believe the quality of our cannabis, will speak for itself."
"Pure
Sunfarms has already established itself as a premiere supplier of cannabis
products to other licensed producers and with this amendment it can now begin
building a differentiated and enduring brand based on its best-in-class,
low-cost growing operations with Canadian consumers," said Michael
DeGiglio, CEO, Village Farms International.
"The ability to now sell Pure Sunfarms-branded products directly to
the provinces and territories comes on the heels of Pure Sunfarms' first 1.1
million square foot greenhouse reaching full production of 75,000 kilograms
annually in July, and will further support Pure Sunfarms' industry leading
gross margin and position it for continued growth in revenue and
profitability. And we look forward to
Pure Sunfarms quickly expanding distribution into additional provinces as it
moves toward doubling its production capacity to a minimum of 150,000 kilograms
annually next year."
Potcast
Sponsor
Today’s podcast
was sponsored by CBDollars. CBDollars is the first group of its kind designed
to turn everyday people into entrepreneurs of one the largest, most profitable
industries that will ever happen in this country. CBDollars will teach its
members how to invest in the cannabis industry through stocks, ETFs, and as
Angel Investors; start a wholesale store for a brick and mortar business; start
an online store as a dropshipper;
private label your own products from edibles to beauty & More. Join
CBDOLLARS to lean more. Follow us on Facebook
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disclosures on the
Investorideas.com website and this podcast is not an endorsement to
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involves risk and possible loss of investment
Subscribe to the new cannabis podcast series:
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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 ,
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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
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Disclaimer/Disclosure: Investorideas.com is a
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Original content created by investorideas is protected by copyright laws other
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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
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#Cannabis #Stocks Sector Snapshot -Viva Las Vegas- Industry Growth in #Nevada (OTC: $GOHE) (CSE: $PLTH.C) (OTCQX: $PLNHF) (CSE: $GGB.C) (OTC: $GGBXF) (CSE: $GTII.C) (OTC: $GTBIF)
#Cannabis #Stocks
Sector Snapshot -Viva Las Vegas- Industry Growth in #Nevada (OTC: $GOHE) (CSE:
$PLTH.C) (OTCQX: $PLNHF) (CSE: $GGB.C) (OTC: $GGBXF) (CSE: $GTII.C) (OTC:
$GTBIF)
Point Roberts WA,
Delta BC – September 9, 2019 - Investorideas.com, a leading investor
news resource covering hemp and cannabis stocks releases a snapshot reporting
on the Nevada cannabis market and how specifically, Las Vegas is drawing in
more consumers and driving more
businesses.
Read this in full at https://www.investorideas.com/news/2019/cannabis/09091IndustryGrowth-Nevada.asp
In recent sector news it’s
been reported that Nevada’s cannabis industry has given more than $100 million
in taxes and fees to the state for the first time since recreational marijuana
became legal in 2017.
For the
fiscal year 2019, dispensaries, cultivators, laboratories and producers have
paid over $109 million, according to a September 4, 2019 release from the
Nevada Dispensary Association.
NDA
says that $99.18 million was paid in taxes, up nearly $25 million from 2018.
“These sales and tax figures are a milestone that should
be celebrated by the people of Nevada,” said Riana Durrett of the Dispensary
Association. “It shows that the public and visitors to Las Vegas from around
the nation are becoming more comfortable purchasing cannabis and the industry
is improving its ability to serve the public.”
Las Vegas is also now home to one of the preeminent
cannabis conferences, MJBizCon, which is one of the largest gatherings
of cannabis business professionals. Ranked as the fastest-growing trade show in
the United States, it has grown to over 27,000 attendees since it started in
2012, with an expected 35,000 attendees for the upcoming show taking place
December 11-13, 2019 at the Las Vegas Convention Center in Las Vegas.
Global Payout Inc. (OTC: GOHE) and its wholly
owned subsidiary MTrac Tech Corporation announced that the Company has
expanded its Las Vegas operations office by acquiring office space directly
adjacent to the office MTrac has utilized as the hub for its operational team
for more than a year.
The significant
growth surge the Company has experienced this year onboarding and servicing
some of the largest retail and delivery service companies in the cannabis
industry has led the Company to strategically add talented new members to its
operations support team at a steady, yet effective rate over the last several
months. As a result, the Company was thrilled to take advantage of an
opportunity that became available to them to acquire additional office space in
the adjoining unit to their current office.
“Growth is always an
exciting thing to experience as a company,” said Global Payout COO, David
Flores. “The core of our team has been intact since we first began our mission
of cornering the payment processing sector in the cannabis industry over a year
ago, and they have done a phenomenal job managing and contributing to this
impressive influx of business. However, as we continue to expand, and as the
overall demand for our solution continues to push towards new heights, it is
critical that our team is able to successfully meet the needs and demands of a
growing client base to ensure that our pledge for exceptional service is never
compromised. This expansion provides us with much-needed flexibility to
sensibly and efficiently add key members to our operational support staff who
are vital in managing the day-to-day responsibilities involved with running our
business effectively.”
“The location of the
MTrac office is strategic for our headquarters, only a few miles from the
airport, adjacent to the Las Vegas strip and in a prime real estate location
near the new stadium. Recent renovations were done to the building and MTrac
will have a live demo area where clients can come experience the ease of the
system in the coming months.”
Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF), a leading
vertically-integrated Nevada cannabis company, recently announced that it served an
average of 2,027 customers per day in August at an average ticket of $90.25
from the Planet 13 Las Vegas Cannabis Entertainment Complex.
“The highly
competitive Las Vegas market ‘The SuperStore’ continues to dominate based on
the strength of the customer experience and the unique entertainment it
offers," said Bob Groesbeck, Co-CEO of Planet 13. "Over the rest of
the year we will continue to rollout new and exciting restaurants, stores and
attractions allowing customers to eat, shop, and play all under one cannabis
inspired roof."
The company also recently reported second-quarter
revenues of $16.5 million, up by 275% year-over-year.
Green Growth Brands Inc. (CSE: GGB) (OTC: GGBXF) recently announced the closing of its
acquisition of Henderson Organic Remedies, LLC (The+Source Henderson), which
was previously disclosed on December 14, 2018. The+Source Henderson is the
second The+Source dispensary operated by GGB in greater Las Vegas. The
productivity of The+Source Henderson is similar to that of The+Source Las
Vegas.
"The+Source
Henderson has been under our management for the last nine months," said
Peter Horvath, CEO of Green Growth Brands. "In that time, we have grown
revenue, transactions and gross margin by double digits. Our ability to
significantly improve top performing dispensaries, in a market that has seen a
significant uptick in competition, is a testament to our expertise in retail
operations."
The formal
acquisition of the company brings GGB's Las Vegas assets to two The+Source
locations, one production facility, two cultivation facilities and seven
licenses to operate dispensaries awarded by the Nevada Department of Taxation.
Green Thumb Industries Inc. (CSE:GTII) (OTC: GTBIF), a leading national
cannabis consumer packaged goods company and owner of Rise™ and Essence retail
stores, recently reported its financial
results for the second quarter ended June 30, 2019.
Second quarter 2019
revenue increased 228% year-over-year to $44.7 million while
quarter-over-quarter revenue increased 60%, a record sequential growth for GTI.
Revenue growth was driven by organic growth across the Company’s consumer
products and retail businesses, strategic acquisitions and increased store
traffic.
“We are pleased to
report another solid quarter of positive yet disciplined momentum with record
revenue and positive adjusted operating EBITDA as our strategic plan delivers
on operating efficiencies from scale. Continued execution of key priorities
such as the closing of Integral Associates, accelerated store openings, and
expanded distribution of our brand portfolio sets us up well for the future,”
said GTI Founder and Chief Executive Officer, Ben Kovler.
“We are deep in the
chapter of maximizing the levers in our business to drive long-term operational
performance that delivers value for our shareholders and the communities in
which we operate,” Kovler continued. “We are focused on optimizing our
wholesale and retail businesses, integrating our acquisitions, and further
strengthening compliance across the organization. We are pleased to see many of
these efforts are already bearing fruit as we head into the second half of 2019
and I want to thank our team for all of their hard work.”
On June 5th,
GTI successfully completed the acquisition of Integral Associates LLC, with
integration efforts and synergies progressing on schedule. The acquisition
added two cultivation and processing facilities in Las Vegas, supporting
expanded wholesale distribution of GTI’s branded products portfolio in Nevada.
Following the closing
of the acquisition of Integral Associates on June 5th, the company’s
co-founders Armen and Alex Yemenidijian joined GTI as President and Director,
respectively. Armen was the co-founder and CEO of Integral Associates, Nevada’s
leading operator and was previously the Chairman of the Board and Chief
Executive Officer of Tropicana Las Vegas Hotel & Casino, Inc. and Chairman
of the Board and Chief Executive Officer of Metro-Goldwyn-Mayer Inc.
Las Vegas has been
well known for its tourism industry and as a greater number of tourists and
locals begin to feel more comfortable with the legal cannabis market, and as
the market evolves and becomes more efficient, the city and state are creating
a huge draw for the cannabis sector. Whether it’s already established MSO’s or celebrity
endorsed businesses such as Mike Tyson’s Ranch, Vegas is now
starting to bear the fruits of a maturing cannabis industry and many are taking
note, just waiting to take a bite.
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.
Follow us on Cannabis Social Media
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 news article featuring GOHE is a paid
for news release 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
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Friday, 6 September 2019
Investorideas.com - Cannabis News: New Frontier Data Expands Scientific Reporting with Appointment of Prominent Cannabis Scientist, Reggie Gaudino, as Chief Science Advisor
Investorideas.com - Cannabis News: New Frontier Data Expands Scientific Reporting with Appointment of Prominent Cannabis Scientist, Reggie Gaudino, as Chief Science Advisor
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