Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (TSX:
$RIV.TO) (OTC: $CNPOF) (TSXV: $HVT.V) (OTCQX: $HRVOF)
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Delta, Kelowna, BC –September 10, 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/09101RIV-CNPOF-HVT-HRVOF-SNDL.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, CannabCo Pharmaceutical Corp., a Canadian company located in
Brampton, Ontario, announced an agreement with an undisclosed
technology provider to deploy an advanced cannabis technology for the
production of near odourless cannabis. This is an industry first and a product
the company claims is sorely needed in the marketplace. Upon receiving its license from Health
Canada, CannabCo will have exclusive rights to deploy the technology for use in
its Canadian production.
Originally developed for the medical market
and dubbed "PURECANN", the technology was designed to eliminate much
of the harshness of smoking cannabis by consumers without losing any of its
properties. "Cannabis by its nature
when burnt, typically causes coughing and is very heavy when inhaled, which is
especially true for new users." Commented Mark Novak, Cannabco's COO. "The technology when deployed eliminates
much of the harshness of smoking cannabis in its dry form allowing the process
of using cannabis far more tolerable while retaining the essential
properties".
The technology also virtually eliminates
odour typically associated with cannabis, both when packaged and stored prior
to use, also during the time it is smoked.
"When we saw the technology in action and the end result, we
realized there were a number of potential markets associated with the use of
PURECANN", said President and CEO Mark Pellicane, "There are no third-party
gadgets, or devices on the part of the user, the end result is pure cannabis
that doesn't smell".
Fully compliant with GMP standards, the
company intends to utilize the technology for production of products
distributed to the medical and recreational markets. "Imagine someone going outside for a
break during the day, having their afternoon cannabis and coming back without
any odour attached to their clothing or coat." commented Pellicane. "A woman can carry cannabis in her purse
without having the odour concentrated or leaking out in her handbag. A number of users, and people that are around
cannabis smokers, complain about the smell especially in enclosed areas,
condos, and apartments, and this technology addresses those concerns."
"Over the last two years we've
observed product being processed with the system and we were given the
opportunity to provide feedback and suggestions for the refinement of the
process. We have been incredibly pleased with the results" said Novak. "In using this technology CannabCo will
be able to produce a wide variety of products currently not in the marketplace,
addressing a key market segment that currently does not exist."
The tech company has the following claims
associated with implementing PURECANN:
●
Virtually
undetectable odour of dry product during storage
●
Greatly
reduced cannabis odor (virtually undetectable) during combustion
●
Reduces
harshness resulting in a very smooth smoke on combustion
●
May be
used to produce a "connoisseur" product for a unique market segment
●
Less
residual heavy feeling "day after effect" associated with smoking
cannabis
CannabCo is currently raising capital,
constructing its pilot facility in Brampton, Ontario, and has received a
Confirmation of Readiness notification from Health Canada for their pending
cannabis license. Cannabco intends to
implement the PURECANN technology upon completion of licensing by Health and
intends to produce a number of product lines addressing key segments in the
medical and recreational markets.
Cannabco also recently announced the
intention to deploy PHOENIX technology for its indoor grow operations reducing
cannabis production costs to under $.50 per gram. "We intend to allocate a portion of
product cultivated with PHOENIX for the manufacture of specialty products using
PURECANN", confirmed Novak.
The company has not yet decided if it will
apply the technology in the form of third party services for processing
cannabis supplied from other Canadian producers however when asked, Pellicane
commented "It's a new technology and works hand in hand with PHOENIX, so
there is a significant advantage applying it to a portion of our cultivated
product, however we have not ruled out processing for other LP's and nothing is
currently off the table." Cannabco
currently maintains exclusive rights to deploy the technology for its Canadian
cultivation and manufacturing operations.
Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF), announced that its portfolio company Herbert Works
Ltd. has received its research and development (R&D) licence from Health
Canada to develop branded cannabis-infused beverages.
"This
announcement represents a significant milestone for Herbert Works as the
company continues to move quickly toward the development of exceptional and
widely appealing THC-infused beverages," said Narbe Alexandrian, President
and CEO of Canopy Rivers. "It's a timely achievement, as the next wave of
cannabis legalization in Canada will unlock these new product offerings in a
matter of months. We believe that Herbert Works is in a prime position to
capitalize on the growth opportunities that 'Cannabis 2.0' presents for
consumers that are eager to try cannabis in different formats."
Herbert
Works' mission is to combine advanced technology with its knowledge and
appreciation of the experience-enhancing properties of cannabis to create
products specifically designed around consumers' many lifestyle needs. Canopy
Rivers currently holds 23% of the equity of Herbert Works on a fully diluted
basis (excluding a control warrant). For more information regarding Canopy
Rivers' investment in Herbert Works, please refer to the Company's annual
information form dated July 15, 2019 filed with the Canadian securities
regulators and available on the Company's profile on SEDAR at
www.sedar.com.
Harvest One
Cannabis Inc. (TSXV: HVT) (OTCQX: HRVOF), through its wholly-owned subsidiary
United Greeneries Ltd. announced that, on September 6, 2019, it obtained an
amendment to its licence from Health Canada which will allow for the sale of
cannabis oil products.
Receiving
a cannabis oil sales licence from Health Canada is a significant milestone for
Harvest One as we prepare formulations for the next wave of cannabis products
in Canada. New product development is currently at an advanced stage through
licensed third-party partners and we will be launching a variety of vape and
infused products when regulations come into effect later this year. The licence
also enables the Company to commence initial sales of cannabis oil products to
provincial and private retailers in British Columbia, Ontario, Saskatchewan and
Manitoba.
"Securing
our cannabis oil licence from Health Canada is another key step in the
evolution of Harvest One as we get ready for the next stage of
legalization" said Grant Froese, Chief Executive Officer of Harvest One.
"We are looking forward to launching infused products across all of our
brands including Royal High, Satipharm, Dream Water and LivRelief™."
The
Company's existing Health Canada approved non-cannabis based products such as
Dream Water and LivRelief™ provide a unique differentiator for Harvest One.
Those existing products position the Company well to be an early entrant into
the derivatives market in Canada. When legal, Harvest One will release new THC-
and CBD-infused versions of these brands, which products have already been
developed by our formulation team.
Sundial Growers
Inc. (NASDAQ: SNDL) announced it has added British Columbia (BC) to the
growing list of provinces it supplies high-quality cannabis to.
"As
Sundial is expanding quickly, making our products available in BC, where there
is a strong and enthusiastic cannabis culture, is exciting, " said Andrew Stordeur, President of Sundial's
Canadian operations. "BC is eager to receive safe, reliable and consistent
products, and we are pleased to be able to provide our Sundial products to meet
consumer needs."
Earlier
this year, Sundial and the British Columbia Liquor Distribution Branch (LDB)
signed an agreement enabling Sundial to sell its cannabis products in BC.
Consumers are now able to purchase Sundial products through LDB's online store
or through traditional legally operating retail stores. The LDB is the sole
wholesale distributor and retailer of non-medical cannabis in BC.
Sundial's
initial entry into the BC market will be with its Sundial brand. This brand
offers five product lines: Calm, Ease, Flow, Lift and Spark. Each product line
is carefully crafted using small batches and nurtured by master growers to
create a consistently high-quality cannabis that evokes a positive consumer
experience.
Under
Sundial's Calm product line, Zen Berry, an indica-dominant Shishkaberry strain
will be the first Sundial product available to BC consumers. More products are
expected to arrive this fall from the company's Lift product line, such as
Lemon Riot and Citrus Punch.
Sundial
is also the proud owner of premium cannabis brands, Top Leaf and BC Weed
Co., and hopes to make these products
available to the BC market in the future. These brands are recognized
throughout the industry and supported by award-winning cultivars and loyal
consumers.
Sundial's
products are currently available in Alberta, Saskatchewan, Manitoba and
Ontario.
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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