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Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (TSX: $WEED.TO) (NYSE: $CGC) (CSE: $CRFT.C) (OTC: $CRFTF) (TSX: $CWEB.TO) (NYSE: $NLSN) (CSE: $OH.C) (TSXV: $TFC.V) (TSXV: $NRTH.V)
Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move:
(TSX: $WEED.TO)
(NYSE: $CGC) (CSE: $CRFT.C) (OTC: $CRFTF) (TSX: $CWEB.TO) (NYSE: $NLSN)
(CSE: $OH.C)
(TSXV: $TFC.V) (TSXV: $NRTH.V)
Delta, Kelowna, BC –October 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/10101WEED-CGC-CRFTF-CWEB-NSLN-OH-TFC-NRTH.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 we look at a few early announcements.
But
first, Tweed, a subsidiary of Canopy
Growth Corp. (TSX: WEED) (NYSE: CGC) and TerraCycle celebrated the
success of the country's first and largest cannabis packaging recycling
program, launched in October 2018, having achieved incredible results in its
first year of operations. The program reached a significant milestone with the collection of over one million pieces of
used cannabis packaging from across the nation – recycling over 22,000 pounds
of plastic containers, tubes, and bottles.
"When
Tweed launched the partnership with TerraCycle, it was the first recycling
program of its kind for cannabis packaging. Reaching this incredible milestone
of over 1,000,000 pieces collected in less than one year demonstrates the value
of the program," says Mark Zekulin, CEO, Canopy Growth Corporation,
Tweed's parent company. "We're committed to doubling down on our efforts
to expand the program over the next year and bringing in new participants from
all across Canada."
"Park
benches, picnic tables, playgrounds – these are just a few examples of products
that can be created from the recycled cannabis packaging collected through the
Tweed | TerraCycle program," says Tom Szaky, TerraCycle CEO and Founder.
"Through our mission to 'Eliminate the Idea of Waste' we've proven that
solutions do exist for items that may seem difficult to recycle. Together we
can reduce the environmental impact of the cannabis industry and pave the way
for a greener future."
Originally
launched in select Tweed, Tokyo Smoke and third-party retail stores, the Tweed
| TerraCycle program has expanded across the country to now include 280 retail
participants.
Below
is a tally of the number of pieces collected as of August 31, 2019, broken out
by province:
● Alberta - 407,695
● New Brunswick - 168,550
● Ontario - 168,545
● Newfoundland and Labrador - 163,200
● Manitoba - 124,850
● Saskatchewan - 51,900
● Prince Edward Island - 38,299
● British Columbia - 23,400
The
program not only provides recycling solutions for Tweed branded cannabis
packaging, it encourages consumers to recycle their empty cannabis packaging
from any Canadian licensed producer. The program accepts any and all cannabis
packaging including outer plastic packaging, inner plastic packaging, tins,
tubes, plastic bottles, plastic caps, and flexible plastic bags.
Consumers
are invited to drop off their used cannabis packaging at participating Tweed |
Terracycle retail locations. They may also register online at terracycle.ca/tweed
for free pre-paid shipping labels to mail in their empty containers for
recycling.
To
learn more about the Tweed | TerraCycle program, and for a list of
participating retailers, visit tweed.com/recycle.
Nielsen (NYSE: NSLN) and Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF), jointly announced an analytic relationship
between the world's leading CBD brand with the world's leading market
intelligence company. Together, Nielsen and Charlotte's Web will help guide the
U.S. retail market for consumer packaged goods (CPG) companies through the
evolution of the CBD space. Mirroring the changing tide happening across the
U.S. retail and CPG industry, this new relationship marks an open and symbiotic
relationship that is forming between the emerging CBD industry and the U.S.
retail and manufacturing community.
Charlotte's
Web is an industry pioneer market leader of hemp-CBD extract products.
Leveraging its deep product knowledge and category vision, this new
relationship will provide unprecedented visibility into market-leading trends,
highlighting segments, brands and products that are resonating with consumers
in the CBD market. This alliance will also provide insight into consumer
attitudes, product preferences, use occasions and future intent tied to
consumer interaction points within CPG categories which will help establish
Charlotte's Web as thought leaders and category captains of the hemp CBD
category. Collectively, this powerful suite of information will enable U.S. CPG
manufacturers and retailers to more easily measure and predict the impact of
hemp CBD on the CPG industry and strategize accordingly.
The
announcement with Charlotte's Web comes as Nielsen steadily develops a full
suite of cannabis measurement capabilities, inclusive of strategic alliances
such as the one with Headset, the leading data and analytics service provider
measuring and analyzing the legal Cannabis dispensary channel.
"We
are thrilled to be entering a long-term partnership with Charlotte's Web, a
clear pioneer in the CBD industry," said Susan Dunn, President, U.S. Sales
at Nielsen. "Our mission is to work with the outstanding team at
Charlotte's Web to support and accelerate their growth by applying our breadth
of data, insights, tools, and analytic assets."
"This
is a game changer for hemp CBD retail analytics,' said Deanie Elsner, CEO of
Charlotte's Web. "As the market leader in CBD, we have an obligation to
advance objective data, purchase dynamics and insights that can be levered by
our retailers in the Food, Drug and Mass channels. Nielsen is a trusted
industry leader who was an obvious choice as our analytics partner. They
provide unbeatable data and insights which will set the stage for one source of
truth for the CBD Category."
Pasha Brands Ltd. (CSE: CRFT) (OTC: CRFTF) announced that its wholly owned subsidiary, BC
Craft Supply Co. Ltd., has signed a supply agreement with Waterloo, Ontario
based Greenterra Cannabis.
The
founders of Greenterra, Adam and Drew Anger, 30 and 24, are two brothers and
successful businessmen who saw a tremendous opportunity to get into legal
cannabis with a minimal investment. They completed their application using
Tamra Follett's do-it-yourself standard operating procedure kit, and will be
cultivating cannabis in a greenhouse using hand-mixed soil and organic inputs.
Adam
has owned several companies in the trucking and transportation industries and
will be operating the business side of the greenhouse, while Drew, the owner of
a marketing company, will be lead cultivator.
"Adam
and Drew bring a youthfulness and excitement to their business that made
signing a supply agreement with them so attractive to us," said Patrick
Brauckmann, Executive Chair of Pasha Brands. "They truly represent what it
means to be a family-oriented business in the cannabis industry and we're
excited to get their product on the shelves of retailers across the
country."
With
Canada's current licensed cannabis producers only able to supply an estimated
15 percent of what Canadians are consuming, Pasha is optimistic that yet
another new supply agreement will help correct the cannabis supply imbalance.
Each micro cultivator in Canada will be allowed to produce approximately 500 kg
of cannabis per year. Canada has tens of thousands of craft producers operating
in the illicit cannabis market and BC Craft is focused on helping as many small
farmers transition into the regulated market as possible.
"It's
hard to believe that we're breaking into this industry and turning our hobby
into a business," said Adam Anger. "We're really excited to partner
with a company like BC Craft because we know that they prioritize not only
craft cannabis but a sense of family the same way that we do."
CannaRoyalty Corp.
d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) announced that its subsidiary Trichome Financial Corp. (formerly 22
Capital Corp.) (TSXV: TFC) began trading on the TSX Venture
Exchange as of today under the trading symbol "TFC".
Since
its inception, Trichome Financial has:
● Closed six credit transactions and signed
term sheets for three other opportunities;
● Constructed a portfolio of secured loans
which provide a weighted-average contractual effective cash interest yield of
approximately 14.5% plus potentially meaningful upside through warrants; and
● Established a robust pipeline of near-term
opportunities for capital deployment.
"Trichome
Financial was established to address the lack of credit availability in the
high-growth and rapidly evolving global cannabis sector. With the increasing
demand for capital across the cannabis value chain and the limited supply of
flexible capital, Trichome Financial identified an opportunity to address an
unmet need that would provide shareholders with highly attractive returns on
both an absolute and risk-adjusted basis," said Michael Ruscetta, Chief
Executive Officer. "We are providers of solution capital, helping clients
to capitalize on opportunities and meet the challenges of this evolving industry.
As cannabis is legalized in new markets around the world and existing players
mature, we believe the market for Trichome Financial's credit products will
continue to grow. With the experience of our founders and management team, we
are in an excellent position to capitalize on this opportunity."
48North Cannabis
Corp. (TSXV:NRTH) announced that is has acquired Sackville &
Co. Merchandising Ltd. a leading U.S.-based cannabis brand focused on
design-forward cannabis accessories.
Drawing
inspiration from art, design, music, fashion and contemporary culture,
Sackville & Co. products use high-end materials like brushed gold finishes,
marble, and ceramics to create chic looking grinders, rolling papers, rolling
trays, bongs and other highly-coveted accessories. Catering to design-forward
consumers, Sackville & Co. has redefined the smoking experience for the
modern female consumer, encouraging women to celebrate their relationship with
cannabis––whether at a dinner party, concert or alone in the bathtub––and to
feel stylish and inspired while doing it.
Sackville
& Co. founders Hayley Dineen and Lana Van Brunt bonded over their shared
frustration of not being able to find design-forward cannabis products to fit
their personal style. With years of experience in luxury product development,
experiential marketing and business development for companies ranging from
October's Very Own ("OVO") to Vivienne Westwood to VICE, Hayley and
Lana have since successfully led Sackville & Co. and are pleased to be
joining 48North full-time.
"48North
is laser-focused on reinforcing its position as the preferred consumer cannabis
brand in Canada and introducing itself to the emerging U.S marketplace.
Building on the momentum of the Company's acquisition of Quill and significant
supply of CBD from Iverson Family Farms, adding Sackville & Co. to the
48North family takes the Company one step closer to achieving this goal,"
said Alison Gordon, CEO of 48North.
"With
such a like-minded vision on the future of cannabis, the decision to join with
48North was an easy one. Sackville & Co. has sought to create new and
inspiring experiences in the cannabis space through design, art, fashion and
music communities. As a result of the acquisition, we will now be able to
expand our product offering, distribution channels, and ultimately scale our
business," said Lana Van Brunt, co-founder of Sackville & Co.
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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Wednesday 9 October 2019
Investorideas.com - Cannabis Stock News: Valens (TSXV: VGW) (OTCQX: VGWCF) to Hold Conference Call to Discuss Financial Results for the Third Quarter of Fiscal 2019
Investorideas.com - Cannabis Stock News: Valens (TSXV: VGW) (OTCQX: VGWCF) to Hold Conference Call to Discuss Financial Results for the Third Quarter of Fiscal 2019
Get the latest Cannabis and Hemp stock news from www.investorideas.com
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