Investor
Ideas #Potcasts; #Cannabis News and #Stocks on the Move; (CSE: $AUSA.C) (OTC: $AUSAF) (CSE: $HITI.C) (OTCQB: $HITIF) (TSXV: $WWT.V)
Delta, Kelowna, BC, December 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 podcast
edition of 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/12101AUSA-AUSAF-HITI-HITIF-WWT.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.
Australis Capital
Inc. (CSE:
AUSA) (OTC:
AUSAF) announced that
THRIVE Cannabis Marketplace has entered into a four-year agreement with Cocoon
Technology LLC, including CocoonPod™ and CocoonRewards™ the world's most robust
Platform-as-a-Service (PAAS) specifically developed for dispensaries. Through
this agreement, Cocoon will become the exclusive self-service technology
provider for THRIVE.
THRIVE,
Nevada's largest independent dispensary chain, will install CocoonPod™ kiosks in their eight existing and
newly approved locations across Nevada starting late Q1 2020. Built on a
cloud-based, self-service fulfillment platform, CocoonPod™ features
consumer-facing kiosks as stand-alone units or multi-unit "pods" as
the core consumer point-of-interaction, coupled with a consumer mobile application
and tablet for employee assisted self-service transactions. THRIVE customers
will be able to verify identification, research products, place orders, order
ahead, auto-repeat orders, gain loyalty rewards with CocoonRewards™, make
payments with cash or bank cards, and make charitable contributions directly
through the kiosk or mobile application.
"THRIVE
is clearly positioned as the vanguard in the industry leveraging their deep
understanding and experience in building some of the greatest brands in the
U.S. cannabis space today," states Scott Dowty, CEO of AUSA. "Their
commitment to technology and process maximizes operational efficiencies, with a
keen focus on ensuring the customer experience is always top-of-mind and is the
ideal environment for Cocoon to have an immediate and material impact. The
Cocoon model delivers recurring software revenue, recurring maintenance fee
revenue, one-time hardware revenue, and development revenue as we work with our
partners to customize their applications to best suit their unique
requirements."
Cocoon's
PAAS incorporates the most robust customer-facing omni-commerce technology
including kiosks and mobile applications interfaced with the most popular ERP
systems and payment portals, and is custom developed to support unique regulatory
compliance requirements and privacy legislation by jurisdiction. CocoonPod™
kiosks provide maximum convenience to new and returning customers; a private
experience; vibrant and consumer-friendly user interfaces, custom screen flows,
call to action offers and advertising options; quick reading code and marketing
redemption; ability to accept, recycle and reconcile cash; a powerful
proprietary loyalty platform with customization options and remote real-time
data analytics.
"We
have been searching for a technology solution to streamline our expanding
operations and are always pushing to improve our customer's experience,"
said Mitch Britten, CEO of THRIVE. "Cocoon will enable THRIVE to further
position our operations and brands at the forefront of the industry as we
leverage self-service technology across the enterprise delivering cost savings
and increased revenue."
Experience
CocoonPod™ demonstrations with integrated CocoonRewards™ at MJBiz Con Las
Vegas, December 11-13, 2019 at the Australis Capital booth, C3222.
High
Tide Inc. (CSE:HITI) (OTCQB:HITIF), an
Alberta-based, retail-focused cannabis corporation enhanced by the
manufacturing and wholesale distribution of smoking accessories and cannabis
lifestyle products, announced that it
has entered into a definitive share purchase agreement with 2651576 Ontario
Inc., a private Ontario company, to acquire the remaining 49.9% interest in
High Tide's majority-owned subsidiary, KushBar Inc. Pursuant to the Definitive
Agreement, High Tide, which presently holds a controlling interest of 50.1% in
KushBar, will acquire the Minority Interest in a transaction that will result
in KushBar becoming a wholly-owned subsidiary of High Tide. It is anticipated
that the Transaction will close on or about December 12, 2019.
The Transaction
marks a crucial step in High Tide's strategy to capitalize on the second wave
of the legalization of recreational cannabis products, including but not
limited to concentrates, edibles and infused beverages, which are expected to
be available in Alberta in early 2020. "High Tide's goal has always been
to exceed the expectations of cannabis consumers and elevate their retail
experience. The acquisition of the remaining stake in the 3 operating KushBar
stores in Camrose, Lloydminster and Morinville, with the fourth location
opening in Medicine Hat shortly, will enable us to build on our retail strategy
to help meet the upcoming increase in demand expected from Cannabis 2.0
products," said Raj Grover, High Tide's President & Chief Executive
Officer. "As we move closer towards the new year, we are excited for what
Cannabis 2.0 will have in store for High Tide and its customers," added
Mr. Grover.
1933
Industries Inc. (CSE:
TGIF) (OTCQX:
TGIFF), a vertically-integrated cannabis consumer packaged
goods company,announced the
execution of a two-year licensing agreement between the Company's subsidiary,
Alternative Medicine Association LC and Los Angeles based, The Pantry Company
Inc., for the production of edible products in Nevada, adding a new vertical to
the Company's portfolio of leading cannabis brands.
Pantry is a premium cannabis-infused food brand created
with an emphasis on all-natural ingredients, without preservatives and
artificial flavours. Pantry has partnered with award-winning chefs to create a
unique line of products for health-conscious and discerning palates, and is
currently available for sale across California.
The Company will commence the buildout of a
GMP-approved commercial kitchen, to be located in the Company's extraction
facility in Las Vegas, Nevada. The Company expects to begin production of
Pantry products mid-2020.
The Licensed Products will initially include the
following:
●
Cannabis
Infused Peach Pate de Fruit. Real fruit puree in gummy form. Pate de
Fruit, originating in France, is made completely without preservatives and
artificial flavors and is naturally vegan and gluten and dairy-free.
●
Cannabis
Infused Frankies 457 Olive Oil Ganache Bonbon. Rich fine dark
chocolate ganache mixed with Frankies 457 Extra Virgin Olive Oil (made from
Sicilian olives grown in Nocellara del Belice) covered in a chocolate shell.
●
Cannabis
Infused Gianduja Ganache Bonbon. Traditional Italian chocolate
flavored with hazelnut and mixed with feuilletine flakes to create a delicate
crunch, then encased in a fine dark chocolate shell.
●
Cannabis
Infused Tiramisu Ganache Bonbon. Silky white chocolate ganache
flavored with espresso made from 100% Arabica beans and mascarpone, enrobed in
a chocolate shell.
●
Cannabis
Infused Cacao Keto Bites. Bite-sized keto friendly chocolates made
with real cocoa butter, cacao powder and lightly sweetened with coconut sugar.
Naturally vegan, gluten and dairy-free, and low-glycemic.
"When we envisioned Pantry's product line, we saw
a unique opportunity to create actual delicious food, lightly-infused with
cannabis and made with premium all-natural ingredients, setting us apart from
other edible companies", remarked Scott Jennings, Pantry's President.
Jennings continued, "Pantry believes that edibles will emerge as a
powerful segment of the cannabis market. Pantry's high-end products appeal to
foodies, the wellness community and cannabis connoisseurs from all walks of
life".
Mr. Chris Rebentisch, CEO of 1933 Industries, said,
"We are excited to expand our product offering in Nevada with a gourmet
line that will set the standard for excellence in edibles. The team at Pantry
shares our vision and passion for providing natural, cannabis-based products
that enhance, enrich and delight consumers. We look forward to launching the
Pantry line in the coming months."
Water
Ways Technologies Inc. (TSXV:
WWT)
announced the
completion, installation and delivery of its first Cannaways medical cannabis
irrigation and fertilization system. Cannaways is an Internet of Things (“IoT”)
controlled irrigation and fertilization system for cannabis cultivators and
growers. The Cannaways system is uniquely designed for the specific needs of
cannabis growers and cultivators worldwide, in order to increase the yield and
consistency of high-quality cannabis while reducing energy, water, and
fertilization costs. The Cannaways system is also available for greenhouse,
outdoor food production and fish farm operations where controlled irrigation
and fertilization systems are desired.
Ohad Haber, WWT Chairman and Chief Executive Officer
commented; "The delivery of the Cannaways system to one of the largest
medical cannabis licensed producers in the world is a milestone for Waterways
and proof of the advanced technology developed by the Waterways team. We
continue to introduce Cannaways to interested parties around the world and look
forward to continued market penetration in 2020."
The initial Cannaways system has been installed at the
medical cannabis cultivation facility of Cronos Israel, a majority owned entity
of Cronos Group Inc. (CRON on TSX and NASDAQ). The system was ordered in 2018,
went through an adaptation and implementation process and was field tested and
approved by Cronos Israel last week. Water Ways has received two additional
orders for the system from Israeli medical cannabis licensed producers and is
in negotiations to deliver additional systems to licensed producers in South
America and Europe.
Cannaways
Competitive Advantage is based on:
● Hydroponic
system of flooding benches to maximize cannabis plant nutritional absorption
together with full monitoring and control of the plant nutrition during the
different growing stages;
● Fertilizing
control system comprised of raw fertilizer tanks and dosing pumps;
● Drainage,
filtration, water recycling and climate monitoring systems;
● IoT
Control Gateway.
The IoT Control Gateway is comprised of an industrial
controller and integrated proprietary software to monitor and control various
components of the cultivation project.
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