Wednesday, 10 June 2020
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 426 - Interview with Chris Gayford, Owner/Operator of Mary Jane’s Headquarters and Cheeba Cheebas Premium Cannabis
Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 426 -
Interview with Chris Gayford, Owner/Operator of Mary Jane’s Headquarters and
Cheeba Cheebas Premium Cannabis
Delta, Kelowna, BC, June 10, 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
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 Investorideas interviews Chris Gayford, the Owner/Operator of Mary Jane’s Headquarters, a cannabis
accessories store with two locations, one in Kelowna and one in West Kelowna
and Cheeba Cheebas Premium Cannabis,
a cannabis dispensary with two locations, one in West Kelowna and one in
Kelowna. In this interview we discuss the many hurdles to getting a dispensary
license in B.C. as well as industry trends being noticed on the ground floor.
Gayford’s
career in cannabis started in humble beginning “I moved to BC a little over a
decade ago with all of my possessions fitting into a Honda Civic. I was a radio
salesperson and one of my customers was Mary Jane’s Headquarters. I came in one
day to pitch them a commercial and they said they were selling the business to
go scuba diving in Honduras and I looked them in the eyes and told them I was
going to buy it. When I first went into Mary Jane’s just to check it out I
ended up spending $90 on stuff that I didn’t necessarily need, just spontaneous
purchases. I then reflected back on my first purchase and thought this was a
good business and went after financing and when I purchased it they had just
opened up the West Kelowna location so I started off with two stores. How I
transitioned to Cheeba Cheebas started about 5 or 6 years before Justin Trudeau
started talking about legalization. It was a really nerve racking time. My wife
Jackie and I, we looked at the changing landscape and thought to ourselves that
we were operating at a certain level of income and we anticipated that with 20
stores (dispensaries) coming in they would all be selling accessories and we
guess that they would dip into our accessories market. So in defence of that
loss of income we thought we should try to go after a dispensary license.”
Chris
then went on in great detail to describe the entire licensing process from his
end discussing the many meetings with lawyers, city council members and
building landlords and some of the difficulties with regards to the strict
regulations within the BC cannabis industry.
Mary Jane’s Headquarters Kelowna
Location
Cheeba Cheeba’s Kelowna Location
Though
Chris faced many challenges to get where he is today, now he operates two fully
licensed dispensaries and two cannabis accessories stores in the Okanagan, all
of which saw steady sales throughout the COVID-19 Pandemic which Chris discussed
this in more detail as well as overall trends being noticed.
“Before
I opened I had never sold a gram of weed in my life. I wasn’t overly
knowledgeable about weed, though I’d consumed it for years I never really asked
what the strain was so I was very uneducated. I started to use the sales reps
that came through, once I received my license, and I’d pick their brains. We
had one rep from Namaste named Tyler, he came into my office and he came to
pitch his product but I didn’t give him the opportunity because I was busy
picking his brain on all the other meetings he’d had. He explained to me that
right now the industry is Grade 1. Grade 1 is what is the THC percentage. He
then said there’s also Grade 2, Grade 3, Grade 4 and 5 and there’s so much to learn
and so much to talk about and eventually the industry will get there. As
someone who has worked on the floor I have seen a small minority of people
begin to talk more about terpenes and specific strains and ask more educated
questions. That being said, we're still in Grade 1. They want high THC and low
prices. You’re seeing that as well with a lot of producers, I’m not going to
name anyone in particular, but there was an LP who I had high expectations for
and then they came out with a new product that was 14% and that was their
thing. It was probably great weed but no one was buying it. We have a sheet
that shows the “Highest of the Highs” and since having that we’ve seen a lot of
our consumers bypass our tablets just to look at that sheet.”
“I
remembered one of my budtenders mentioned having a sort of “aha!” moment where
she tried a Tangerine Dream that was only at 14% but was full of terpenes, and
ones that apparently speak to her, and she had a great buzz off of a 14% and
was pretty shocked by it. I think more and more consumers are going to start to
have those moments and will start to realize that THC isn’t everything and will
start asking more questions from their Budtenders. I also think that Budtenders
are what’s going to drive this industry forward. I think they will be what
pushes that knowledge forward.” Chris continued.
Gayford
also went on to discuss how technology has aided both of his businesses with
tablet menus being implemented in his dispensary, utilizing an online
marketplace for his Mary Jane’s accessories stores as well as how brand
building has progressed on the dispensary side.
To
find out more information about Cheeba Cheebas visit their website here: https://cheebacheebas.com/
To
view Mary J|nae’s Headquarters online marketplace, carrying one of the largest
online accessories inventories in Canada, visit their website here: https://www.maryjaneshq.com/
Investor
ideas reminds all listeners to read our disclaimers and disclosures on the
Investorideas.com
website and this podcast is not an ucts 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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#Cannabis #Stock News- American Green (OTC: $ERBB) is On-Target to Have Its Best Year Yet; @American__Green
#Cannabis #Stock News- American Green (OTC: $ERBB) is
On-Target to Have Its Best Year Yet; @American__Green
Cannabis Grow Management,
Online CBD Sales, and Smart Vending Division all set to break revenue records
in 2020 compared to 2019
PHOENIX, AZ, June 10, 2020 (
Investorideas.com newswire) – Breaking cannabis/CBD
stock news - American Green (OTC:ERBB) announced
today that the strategic shifts that began in 2019 are now paying dividends in
every division. According to David
Gwyther, president of American Green, “During 2019 and early 2020, the company
had to make changes in every division to accommodate the changing
marketplace. I’m pleased to report that
those changes resulted in each division’s revenue improvements compared to the
same periods over the previous year.”
Read this news featuring
American Green in full at https://www.investorideas.com/news/2020/cannabis/06102OTCERBB.asp
VP
of CBD Worldwide Sales, Kevin Davis, said, “The key to the success of the American Green Online CBD Store is
a combination of Top-Shelf Customer Service, The Integration of Technology,
Competitive Pricing, Easy Payment Options, and Product Selection. Since our
online CBD Store first opened 3 years ago, our growth has been primarily driven
by our extreme sensitivity to customer feedback -- by listening very, very
carefully. Whether that means
incorporating a capability to quickly respond to customer questions via email
or phone, and making damn sure our customers know that they’re getting the best
CBD available and are 100% satisfied, even if that means staying on the phone
with them until they get all the information they need.”
“Every
customer is unique to us and when our store employees show them the courtesy of
our unrushed time -- whether by email or phone, it is the only way we know of
guaranteeing that our loyal base returns to us. Other companies talk about
achieving goals like these, but we, at the American Green CBD Store live this
‘customer-driven lifestyle’ every day,” concludes Kevin.
According
to Bryan Croteau, American Green’s VP of Grow Operations, “As the world comes
out of quarantine and things get back to the ‘new normal,’ American Green’s
‘Sweet Virginia’ is turning out some of the highest grade cannabis found in
Arizona and is hard at work upgrading its production facility while producing
American Green’s newest cannabis product line. Our Sweet Virginia facility is
proud to announce that the first wave of American Green Full Spectrum
Solventless Concentrate products have hit the retail shelves at the Kind Meds
licensed dispensary located at 2152 South Vineyard, Suite 120, Bldg 7, Mesa AZ
85210.”
American
Green’s Sweet Virginia grow operation is most proud of its Ice-water-extracted
Bubble Hash which is also known as “Full Melt,” because it leaves no residue
when compared to standard hash which has been made the same way for hundreds of
years.
According
to Mr. Croteau, “Our special process manually removes the THC trichomes using
nothing but ice and water and produces one of the safest and most natural
concentrates available anywhere. If you are a current medical patient in the
State of Arizona, we highly recommend a trip to Kind Meds for an opportunity to
taste our best grown flowers in the form of concentrate! I would call first before making the trip to
ensure that the American Green Bubble Hash has not been sold out, as we
anticipate high demand for this premium product.”
The
Sweet Virginia Grow has also recently added 10% of canopy space as an
additional flower room thus enabling the operation to increase its revenues by
about 10% per annum. This new space will allow for production of an extra 240
plants every 8 weeks. We are also constantly streamlining tasks to be as
efficient as possible, which has allowed us to cut our current payroll costs by
about 12% when compared to last quarter.
The
American Green Machine (AGM) Division has been working to add new features to
its Smart Vending Kiosk such as lower risk touchless shopping which will allow
vending customers to utilize a QR Code and be able to use their own cell phone
to interact with our AGM Kiosk.
Employing “Covid-19 Sensitivity,” customers will no longer need to touch
the machine to view the AGM’s products with the goal of allowing customers to
complete their entire transaction on their smartphone. This new feature has been designed to be
“backwards compatible” thus enabling the feature to be available for existing
machines already in service and is now ready to rollout. According to AGM Division VP, Lindel Creed,
“We are very excited with the progress of the AGM kiosk as sales increase this
year and more customers become convinced that the AGM is the best verified
vending system on the market.”
If
you are an experienced vending route operator serving a major market and wish
to add a complete line of fully legal CBD products to your existing route, you
should contact Mr. Lindel Creed at American Green’s AGM Vending Division
located in Gastonia, North Carolina. You can email Lindel at
lindel@americangreen.com or call him on his direct line at 704-718-3158.
Shareholders
and interest holders may also stay current with American Green Updates:
American
Green’s Main Website at www.americangreen.com
Twitter: @American__Green (two underscores), or
Instagram: https://www.instagram.com/americangreenusa/
Instagram: https://www.instagram.com/magicalnipton/
About American Green, Inc.
American
Green, Inc. became, in 2009, America’s second publicly-traded company in the
cannabis industry. American Green now, with its more than 50,000 individual
certified shareholders, is one of the largest (in shareholder count) in the
cannabis sector. American Green's
mission is to lead the cannabis and premium CBD industry. Leveraging our team
of professionals in cultivation management, manufacturing, extraction,
wholesale, retail, and community outreach, we strive to develop sustainable
initiatives in the cannabis-adjacent and CBD industries, laser-focused on
adding company and shareholder value.
For more information -
Contact:
American
Green, Inc.
Investor
Relations
2902
W. Virginia Ave
Phoenix,
AZ 85009
480-443-1600
X555
NOTES
ABOUT FORWARD-LOOKING STATEMENTS
Except
for any historical information contained herein, the matters discussed in this
press release contain forward-looking statements that involve risks and
uncertainties, including those described in the Company's Securities and Exchange
Commission reports and filings. Certain statements contained in this release
that are not historical facts constitute forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995, and are
intended to be covered by the safe harbors created by that Act. Reliance should
not be placed on forward-looking statements because they involve unknown risks,
uncertainties and other factors, which may cause actual results, performance or
achievements to differ materially from those expressed or implied.
Forward-looking statements may be identified by words such as estimates,
anticipates, projects, plans, expects, intends, believes, be should and similar
expressions and by the context in which they are used. Such statements are
based upon current expectations of the Company and speak only as of the date
made. The Company undertakes no obligation to update any forward-looking
statements to reflect events or circumstances after the date on which they are
made.
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release, content published /created if required but otherwise the news was not
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#Technology & #CBD: GDET (OTC: $GDET) Redesign and Relaunch of its Dream Card Enterprise; @GDEntertainmen4
#Technology
& #CBD: GDET (OTC: $GDET) Redesign and Relaunch of its Dream Card
Enterprise; @GDEntertainmen4
FORT LEE NJ, June 10, 2020– (Investorideas.com Newswire )
Breaking Entertainment & Technology CBD Stock News - GD Entertainment and Technology (OTC: GDET)
(“GDET” or the “Company”) is excited to announce the redesign and relaunch of its
Dream Card enterprise (gdet.co/dream-card), which specializes in fully customizable, premium quality
payment cards.
Read this news featuring GDET in full at https://www.investorideas.com/news/2020/cannabis/06101GDET-DreamCard.asp
The redesign and relaunch strategy
is geared toward capitalizing on the unmet demand and strong growth opportunity
of the prepaid gift card marketplace, which was valued over $1.84 billion in
2019 and is estimated to grow to a total size exceeding $5.5 billion by 2027 at
a CAGR of nearly 15%, according to Allied Market Research.
Management notes that the Company
plans to differentiate itself in the prepaid gift card market by leveraging its
existing Dream Card infrastructure that will create a greater “user friendly”
experience. This will allow for personalization of prepaid cards, including a
metal card and imagery, to offer end users a highly personal touch currently
unavailable in the marketplace. Customers will be able to create cards with
logos for clubs, their choice of celebrities, BF’s, GF’s, pets or specialty
themes. The Company can apply this touch to the already existing core model of
upgrading Credit cards to this design as well.
Anil Idnani, CEO of GDET,
commented, “We continue to strategize with streamlining and efficiency as our
top priority – seeking to maximize growth in only those areas that represent a
truly powerful ROI opportunity. Dream Card fits that model. That said, the
division needed an overhaul since we acquired the business. We are extremely
excited about the changes being put in place, and we are targeting full
revamped launch by the end of this month.”
About GDET
GD
Entertainment & Technology, also known as GDET, focuses on high growth
industries to fulfill a diverse selection of premium products nationwide. The
company is now primarily focused on building the #1 online source for
high-quality CBD-based products at TheGreeneryCo.com https://www.thegreeneryco.com/
Safe
Harbor Provision Cautionary statement for purposes of the "Safe
Harbor" provisions of the Private Securities Litigation Reform Act of
1995: Information in this news release contains forward-looking statements that
involve risks, uncertainties and assumptions. If such risks or uncertainties
materialize or such assumptions prove incorrect, the results of the Company and
its consolidated subsidiaries could differ materially from those expressed or
implied by such forward-looking statements and assumptions. All statements
other than statements of historical fact are statements that could be deemed
forward-looking statements. Risks, uncertainties and assumptions include the
execution and performance of contracts by the Company and its customers,
suppliers and partners. Please also review GD Entertainment and Technology
annual and quarterly financials for a more complete discussion of risk factors.
The Company disclaims any obligation to update or revise statements contained
in this news release based on new information or otherwise. This communication
shall not constitute an offer to sell or the solicitation of an offer to buy
securities nor shall there be any sale of these securities in any state in
which such solicitation or sale would be unlawful prior to registration or
qualification of these securities under the laws of any such state.
Contact:
732-851-3756
anil@gdet.co
www.gdet.co
1 Bridge
Plaza
2nd
Floor
Fort
Lee, NJ 07024
Paid news 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 release featuring OTC: GDET is a paid for news release on Investorideas.com
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Tuesday, 9 June 2020
Investorideas.com - Cannabis Stock News: Fire & Flower (TSX: FAF) (OTCQX: FFLWF) to Announce First Quarter 2020 Financial Results
Investorideas.com - Cannabis Stock News: Fire & Flower (TSX: FAF) (OTCQX: FFLWF) to Announce First Quarter 2020 Financial Results
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