Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 480 (TSXV: $WMD.V) (TSXV: $NDVA.V) (TSXV: $WMD.V) (CSE: $FONE.C)
Today's podcast
sponsored by Cannabis Suisse Corp. (OTC: $CSUI), a fully licensed cannabis
cultivation and distribution company in Switzerland
Delta, Kelowna, BC, October 13, 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.
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https://www.investorideas.com/Audio/Podcasts/2020/101320-StocksToWatch.mp3
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at https://www.investorideas.com/news/2020/cannabis-potcasts/10131WMD-NDVA-WMD-WWT-FONE.asp
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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.
Today’s podcast is
sponsored by Cannabis Suisse Corp. (OTC: CSUI ), a fully licensed cannabis
cultivation and distribution company in Switzerland, for recreational tobacco
products and medical CBD oils. The Company's facilities for producing cannabis
are based in Dietikon, Switzerland, and contain the art surveillance equipment
to enable an around the clock webcast. Cannabis Suisse grows high quality,
organic cannabis with sustainable, all-natural principles. The Company's
products are laboratory tested to ensure the end users have access to a
standardized, safe and consistent product. Cannabis Suisse proprietary
trademarked MoldStandard is a quantitative microbiology method for analyzing
yeast and mold counts in harvested cannabis plants. Cannabis Suisse proprietary
trademarked CannaMec is a method for quantifying and removing residual solvents
during packaging and storage of CBD products. Cannabis Suisse Corp. currently
sells via a distribution network of Swiss retailers and online shops, under the
retail brand Alpine Cannabis.
In
today’s podcast we look at a few public company announcements.
Indiva
Limited
(TSXV:NDVA) (OTCQX:NDVAF), a leading Canadian producer of
cannabis edibles and other cannabis products, announced an agreement has been secured with
Medical Cannabis by Shoppers Inc., a subsidiary of Shoppers Drug Mart Inc. This
agreement will see Bhang®
Chocolate and Wana™ Sour Gummies sold through the Medical Cannabis by Shoppers™
business, including Bhang®
THC Milk Chocolate, Bhang®
THC Dark Chocolate, Bhang®
CBD-Dominant Milk Chocolate, Bhang® Caramel Dark Chocolate THC/CBD
1:1, as well as Wana™ Sour Gummies in
the following flavours: Watermelon Hybrid, Strawberry Lemonade 1:1, and Mango
Sativa.
The Medical Cannabis by Shoppers online platform is a trusted and
convenient source of quality medical cannabis, providing patients with
single-source access to a broad range of products. Through their national
online platform, the Medical Cannabis by
Shoppers business connects patients with cannabis products that meet the
highest quality and safety standards. The agreement between the Company and
Medical Cannabis by Shoppers Inc. will provide Canadian medical cannabis
consumers access to Indiva’s market-leading portfolio of cannabis edibles.
“We are thrilled about this
agreement with Medical Cannabis by Shoppers Inc., which will see our
best-in-class cannabis edibles reach the medical cannabis market,” said Niel
Marotta, President and CEO of Indiva. “We are eager to give patients across the
country access to different forms of medical cannabis. Both Bhang® and Wana™ have reputations
as high-quality products, and we are excited to see them become legitimate
options for medical cannabis consumers across Canada.”
Bhang® Chocolate and Wana™ Sour Gummies are expected to be for
sale online through the Medical Cannabis
by Shoppers site (shoppersdrugmart.ca/cannabis) in the coming days.
WeedMD
Inc.
(TSX-V:WMD) (OTCQX:WDDMF), a federally-licensed producer
and distributor of medical-grade cannabis announced that it has entered into a supply
agreement with Pax Labs, Inc. , a
leader in premium cannabis vaporizer technology, with award-winning devices for
both oil concentrates and flower. WeedMD will become a brand partner and
supplier for the PAX® ERA®
Collection in Canada, which includes the closed-loop PAX® ERA®
and ERA PRO™ devices.
WeedMD’s partnership with PAX will
accelerate the growth of the Company's Cannabis 2.0 product strategy as it
expands into new formats using its low-cost, quality-produced, strain-specific
biomass. As the latest cultivator to launch PAX Era Pods in Canada, WeedMD will
produce cannabis oil pods for the ‘pen-and-pod’ vaporizer devices at the
Company’s state-of-the-art extraction hub in Aylmer, Ontario. WeedMD will sell
Color Cannabis, and Starseed Medicinal-branded oil pods nationwide through
supply arrangements with retailers, and its online medical store.
"As we continue to enhance and
expand our new cannabis formats and brand reach for Color and Starseed, we’re
proud to partner with PAX, and we are looking forward to adding its line up to
our growing portfolio of 2.0 brands,” said Angelo Tsebelis, CEO of WeedMD. “PAX
is widely known as a premier innovator in cannabis product vaporizers. With its
award-winning brand appeal and consumer-favoured hardware offerings, PAX is
perfectly suited to be paired with WeedMD’s quality-produced, terpene-rich
cannabis concentrates.”
"PAX is thrilled to welcome
WeedMD, a leader in the medical cannabis channel in Canada, to our Canadian
Brand Partner family," said Tim Pellerin, General Manager, Canada &
International at PAX Labs. "WeedMD has a record of delivering
high-quality, novel products to patients and consumers in varied consumption
methods. We look forward to growing together across all channels, rooted in our
shared rigor in quality, innovation, and access to information, to bring these
products to medical and adult-use consumers across the country."
PAX Era Pods, for use with PAX's
high-tech oil vaporizers, are dependable, leak-resistant and designed to be
clog-free. PAX is a market leader with over two million devices sold worldwide
and an established reputation as the best-selling pen-and-pod system in the
U.S.
Water
Ways Technologies Inc. (TSXV: WWT) announced that it has received several orders
to deliver degradable plastic mulch (“Mulch”) to customers in Canada and North
Africa. The Mulch will be used to increase soil moisture conservation, thereby
reducing water usage and related costs.
The orders totalling CDN$ 1,200,000
are to be delivered in the next six months (of which the $488,000 of orders due
from North Africa are conditional on the Company receiving an Irrevocable
Letter of Credit from the purchaser).
Ohad Haber, Chairman and Chief
Executive Officer, commented, "I compliment our Canadian Managing
Director, John Pol, for the hard work he has done to obtain these orders, a
tribute to the professional work he continues to produce. We see this line of
business complementary to our irrigation business, assisting us in delivering
unique technology to farmers around the world."
Flower
One Holdings Inc. (CSE: FONE) (OTCQX: FLOOF), a leading cannabis cultivator,
producer and innovator in Nevada, today announced preliminary third quarter
revenue of $11.5 million surpassing its Q3 2020 revenue guidance range of
between $9.8 million and $10.8 million.
The Company continues to expect its Q3 2020 gross margin to be in line
with its previous guidance of 30-35%. All amounts are expressed in U.S. dollars
unless indicated otherwise.
Preliminary
Q3 2020 Highlights:
● Preliminary
year-to-date gross sales, thru the month ending September 30, 2020, of
approximately $24.2 million;
● Preliminary
gross sales, for the three months ending September 30, 2020, of approximately
$11.5 million;
● Initial
launch of Cookies and 22 Red further demonstrating the Company's ability and
ongoing priority to transition its product revenue mix towards premium quality
and higher gross margin sales; and
● Initial
launch of Kiva's Blackberry Blitz Game On Camino gummies, a nod to the Las
Vegas Raider's inaugural season in Nevada.
BDS Analytics recently reported that
the August point-of-sales data for the cannabis market in Nevada experienced a
34% year-over-year growth. Nevada exhibited a surprisingly strong recovery
despite limited tourism capacity. Year-to-date retail sales in the state of
Nevada through August 31, 2020 reached $505.8 million, growing by 10% compared
to the same period last year.
"These past few months have
demonstrated Flower One's resilience and ability to reemerge through COVID-19
with momentum as evidenced by our strong, preliminary quarterly revenue"
said Ken Villazor, President and Chief Executive Officer of Flower One.
"The Company continues to increase its market penetration by providing our
retail partners with a consistent supply of some of the highest-quality products
and premium brands available in the Nevada market."
Subsequent to quarter end, the
Company also announced the achievement of certain operational milestones
including:
● The
implementation of brand partner Lift Ticket's proprietary pre-roll technology
and processes;
● The
signing of Nature's Lab, an award-winning concentrate producer, as both a brand
partner and SOP consultant to further increase and accelerate both quality and
capabilities of Flower One's production lab; and
● The
launch of previously announced brand partner Heavy Hitters with the shipment of
the first order to retail.
Once again, today’s podcast is sponsored by Cannabis Suisse Corp. (OTC: CSUI ), a fully licensed cannabis cultivation and distribution company in Switzerland, for recreational tobacco products and medical CBD oils. The Company's products are laboratory tested to ensure the end users have access to a standardized, safe and consistent product. Cannabis Suisse Corp. currently sells via a distribution network of Swiss retailers and online shops, under the retail brand Alpine Cannabis.
Investor ideas reminds all
listeners to read our disclaimers and disclosures on the Investorideas.com
website and that 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.
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