Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move; (TSXV: $JWCA.V)
(OTCQX: $JWCAF) (CSE: $TILT.C)
(TSX: $FAF.TO) (CSE: $EASY.C)
Delta, Kelowna, BC, March 4, 2020 (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/2020/cannabis-potcasts/03041JWCA-TILT-FAF-EASY.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 public announcements.
But
first, as more and more US States onboard some form of legal cannabis
initiative in can difficult to keep track of which states are at which stages.
Thankfully there is a new resource from TestClear.com which offers up to date
information on the Where
Marijuana is Legal in the U.S..
James E. Wagner
Cultivation Corporation (TSXV:
JWCA.V) (OTCQX:
JWCAF) announced that it
will be adding single origin lot kief and pre-rolls to its medical product
shelf later today. This release marks the launch of JWC’s first cannabis 2.0
products into the Canadian market.
The
kief and the pre-rolls are prepared using single origin lots of cannabis grown
with JWC’s proprietary GrowthSTORM™ aeroponic cultivation platform. JWC is
commencing its launch of these two product formats into the Canadian market
later today via JWC’s online medical shop, which is accessible through its
website www.jwc.ca.
Pre-Rolls: A
single origin product, JWC cannabis pre-rolls are evenly milled,
machine-rolled, and individually hand-finished in a convenient format.
Kief: A
single origin extract product, these sugar-like crystals are known for their
fulsome terpene profile, potency, and versatility. Carefully made using freshly
harvested cannabis material, this product is recognized as one of the truest
representations of the cannabis strain.
“Kief
is a product we’re excited to introduce to Canadian cannabis consumers, as it’s
our first extract product,” says Nathan Woodworth, President and CEO of JWC.
“We prepare our kief on-site using single origin lots of freshly harvested
cannabis material from one cultivar source. By using this preparation method,
we can ensure the authenticity of the plant is respected, and the truest
representation of the plant is fully present in our product. We’re not
necessarily looking for an ultra-high THC content; we’re looking for an
intensified concentrated aroma and a replicable experience.”
JWC
is also focused on developing additional high-potency and versatile extract
products including live resin and rosin to answer the diverse needs of Canadian
medical patients and adult users. The Corporation believes these products will
be in high demand as consumers become more educated and look for alternate ways
to consume cannabis. The additional extract products are expected to launch
later this spring, on both the medical and the adult-use recreational markets.
From
cultivation and harvesting to packaging and processing, JWC’s extract products
are produced on-site at its licensed facility, located at 855 Trillium Drive,
in Kitchener, Ontario. Each of JWC’s cultivars are grown exclusively using the
Corporation’s proprietary GrowthSTORM™ aeroponic technology, recognized for
producing clean, consistent cannabis. JWC is on track to produce a total of
over 35,000 kg of dried cannabis per year once its JWC2 cultivation facility is
fully operational.
TILT Holdings Inc. (CSE:
TILT) (OTCQB:
TLLTF), a foundational technology cannabis platform
comprised of assets to support brands worldwide,
announced today that its subsidiary Jupiter Research, LLC
is back online following Chinese New Year and minor delays associated with the
novel coronavirus COVID-19.
“We
are proud to report that manufacturing lines have been open since February 17,
2020, and can confirm our first post-Chinese New Year ocean and air shipments
are en route,” stated Mark Scatterday, CEO of TILT and founder/CEO of Jupiter
Research. “Each year, Jupiter strategically forecasts inventory positions for
the Chinese New Year holiday and beyond, which aims to navigate our customers’
needs when production is halted for a variety of reasons. With product on hand
stateside, our sales team has been actively receiving orders and fulfilling
customer requests, along with our in-house print operations increasing capacity
for domestic fulfillment.”
Jupiter’s
warehouse located in Phoenix, Arizona, has inventory to help fulfill customer
orders and is available for shipment with domestic carriers. Jupiter offers
in-house printing at their headquarters facility in Phoenix to provide custom
printed products.
“The
Coronavirus outbreak in China has caused production delays across all
industries, including ours, which produce products in Shenzhen and other
manufacturing hubs along the China coast. Jupiter’s customer’s orders are being
produced and shipped, which shows progress our manufacturers and Asian
operations team have made. Our inventory position paired with our in-house
print production has enabled our ability to continue placing P.O.’s, fulfill
both custom and stock orders, and navigate the future potential for unforeseen
delays in manufacturing,” added Mr. Scatterday.
As
an ISO 9001 certified manufacturer, advanced protocols are in place including
utilizing clean-room and gowning procedures in a controlled environment during
the manufacturing process. Industrial ozone treatment is conducted nightly, and
utilized in the storage areas of their facilities. All raw materials undergo a
UV sterilization process prior to entering the production floor. Medical grade
ethanol, known as an antiseptic for its bactericidal and antifungal effects, is
currently used to clean the assembled components at several stages of the
manufacturing process.
“Our
ongoing commitment at Jupiter is to employee and customer safety, and the
highest level of manufacturing processes,” Mr. Scatterday said. “We are
optimistic for the future, and we appreciate our customers’ continued
confidence and support.”
Fire
& Flower Holdings Corp. (TSX:
FAF)
and its wholly-owned subsidiary Hifyre™ Inc., today
announced the successful launch of the Spark Perks™ Fastlane™
"click-and-collect" service in Fire & Flower Ontario store
locations in Ottawa and Kingston.
Click-and-collect
online cannabis ordering and pickup services recently became permissible as a
result of a change in the Ontario regulations earlier this year.
Fastlane is a key
benefit of the Spark Perks members program that has been operating across Fire
& Flower store locations in the provinces of Alberta, Saskatchewan,
Manitoba and the Yukon territory. The Spark Perks program provides Fire &
Flower customers with a one-to-one personalized customer experience that the
Company sees as a key differentiator and value proposition for its customers.
The Spark Perks
program has more than 73,000 members nationally who receive access to the
Fastlane "click-and-collect" service, exclusive benefits and
member-only events. On average, Spark Perks members spend 44% more though
Fastlane, purchase more frequently and spend approximately 300% more per year
than non-members of the program.
"Hifyre's
ability to rapidly launch the Fastlane click-and-collect service in Ontario
demonstrates our Company's core focus as a technology-enabled, retail 2.0
company," shared Trevor Fencott, Chief Executive Officer of Fire &
Flower. "The Fastlane service will allow customers in Ontario to reserve
products online for pickup in store, which is especially important when new,
high-demand products come on to the market."
The Spark Perks
Fastlane service will also be available to other retailers through Hifyre's
strategic agreement with Cova Software Solutions Inc., announced on January 27,
2020.
SpeakEasy Cannabis
Club Ltd. (CSE:
EASY), a holder of a federal licence to cultivate, process
and sell cannabis under the Cannabis Act, announced that it
has successfully completed its first harvest.
SpeakEasy
received its licence in November 2019 and immediately began preparations
necessary to achieve harvest as quickly as possible. A large collection of
unique genetic materials were brought on site prior to licensing and together
with its craft style small batch techniques, all efforts were made to achieve
the best finished product possible. That objective was achieved and the Company
is thrilled with the result of all its efforts with this first of many
harvests.
Founder,
Marc Geen stated, "With the help and advice from our featured growers who
each bring years of experience, we achieved our first harvest quickly,
efficiently and with excellent results. I am amazed with the quality of this
first harvest and so proud to be able to prove we can do what we have been
promising our investors we can do."
A
large amount of low-quality products are available in the legal market at the
moment and remains unsold. There is high demand and standing orders for high
quality products and SpeakEasy has received multiple offers for its first crop
from all across the country.
Founder,
Marc Geen further states, "We have been working with veteran and patient
groups eager to become SpeakEasy clients, the quality and consistency just
isn't there in the market to satisfy them. Our intent is to bring them the
quality they need and have a consistent supply of the strains they
desire."
SpeakEasy's
plans include achieving its expanded sales licence and working directly with
veterans, seniors and advocacy groups
that have thousands of patients looking for true high quality product available
consistently and at a reasonable price. In addition, the retail distribution
model in Ontario, Canada's largest provincial market, is changing and is
expected to allow a more direct sales model between Licence Holder's and the
retail stores. SpeakEasy believes that it will benefit from this new model due
to its BC roots, authentic craft-style grow and high quality product.
Founder,
Marc Geen states, "High quality cannabis will never go out of style and
will not become a commodity. Although there is a glut of product on the market
at the moment, it's a glut of low quality, greenhouse grown material that
averages many months old. We have and will always produce the highest quality
product grown in the traditional BC craft grow style that has achieved a
reputation for world class cannabis."
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
Learn more about
our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
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