Thursday, 13 May 2021
Investor Ideas #Potcasts 564, #Cannabis News and #Stocks on the Move; Interview with Danny Keith, CEO of Eighth Icon - manages the #Cheech&Chong Cannabis Brands; @rickydanny @tommychong @CheechMarin
Investor Ideas #Potcasts 564, #Cannabis News and #Stocks on the Move; Interview with Danny Keith, CEO of Eighth Icon - manages the #Cheech&Chong Cannabis Brands; @rickydanny @tommychong @CheechMarin
Delta, Kelowna, BC, May 11, 2021 (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:
https://www.investorideas.com/Audio/Podcasts/2021/051321-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2021/cannabis-potcasts/05131Interview-CEO-Eighth-Icon.asp
Hear the investor ideas potcast on Spotify
Hear Investor ideas cannabis potcast on iTunes
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 Phyto
Extractions Inc. (CSE:XTRX), an agricultural-scale cannabis
extraction, distillation and product manufacturer located in Langley, BC at its
co-located Health Canada Licensed Standard Processing (extraction, no
cultivation), Sales (extracts, topicals, and edibles) through Adastra Labs Inc.
and Analytical Testing Laboratory through Chemia Analytics Inc. Adastra Labs
also has a pending Health Canada R&D license amendment.
In
today’s podcast Investorideas interviews Danny
Keith, President, Co-Founder and CEO of Eighth Icon which manages the Cheech and Chong cannabis brands, where
we discussed opening Cheech and Chong Dispensoria's during COVID-19,
implementing proprietary delivery technology with Cheech and Chong's Takeout,
all while using the cannabis icon's Cheech and Chong's legacy of over 50 years
together.
Danny
Keith is a lifelong cannabis user, Chong
family friend/business partner and founder of Cannabis Club TV which he
recently sold in 2019. He brings decades of entrepreneurship to the company and
can readily identify market trends and apply them with incredible accuracy. His
career spans Action Sports, NBA, Mobile App Development, Startups, Non-Profit,
Internet Ecommerce, Retail Hardtop and Social Media based businesses.
Discussing
the launch of Cheech and Chong’s Takeout and their upcoming Dispensaria’s,
Keith commented, “We came together about a year ago and decided to put together
this company, with the intent of standing up the Cheech and Chong brands in a
way that they deserved and not just a money play, but really to establish a
legacy for them within the cannabis space. Whether they realize it or not, they
were the pioneers of the weed “Icon” status. We saw the opportunity to bring
everything into one house that is effectively able to market, distribute and
sell product seed to sale, while also offering a delivery component which is
what Cheech and Chong’s takeout is, and eventually the Cheech and Chong’s
Dispensaria which we are the one one yard line for one of our locations, which
is very exciting.”
Discussing
launching during COVID-19 specifically, Keith commented, “There was no need for
us to go stand up a dispensary during COVID because we didn’t have a customer
base.Those dispensaries that had customer bases were able to pivot to curbside
pickup, delivery, etc. For us we realized that we were going to focus on our
delivery technology and on our actual flower touching products.”
Keith
continued, “Respective to the delivery component, we’re not trying to become a
delivery company. What we’re trying to do is to help drive delivery business to
our delivery partners and to our retail partners doing delivery and in store
pick up. At the end of the day we just want to be able to send traffic to our
partners in our own ecosphere. The benefit of working with the Cheech and Chong
brand is we have a marketing tool worth millions of dollars, We have an unfair
advantage there. With our delivery component, what we're really looking to do
is, utilizing technology that we’re developing, be able to understand the
metrics of whats going on within our delivery business. How long are our
deliveries taking? How much inventory is being held? What category is selling
best? The emergence of data is what will change the cannabis space as we
continue to move forward, so we are future proofing ourselves and leaning into
that.”
Keith
went on discuss his personal history with cannabis and Cheech and Chong, what’s
next for Eight Icon, as well as his thoughts on the industry as a whole moving
forward.
To
find out more information about Eight Icon visit their website here
Once
again, today’s podcast is sponsored by Phyto
Extractions Inc. (CSE:XTRX), an agricultural-scale cannabis
extraction, distillation and product manufacturer located in Langley, BC at its
co-located Health Canada Licensed Standard Processing (extraction, no
cultivation), Sales (extracts, topicals, and edibles) through Adastra Labs Inc.
and Analytical Testing Laboratory through Chemia Analytics Inc. Adastra Labs
also has a pending Health Canada R&D license amendment.
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.
Learn more about
our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
To hear more
Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
The Investorideas.com
podcasts are also available on iTunes ( Apple Podcasts) , Audible , Spotify, Tunein, Stitcher,
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Music and most audio platforms available.
Potcasts is now a certified
word mark Trademark on the blockchain through Cognate, Inc. CM
Certification-Registration Number: 10468217708
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Ideas Potcasts Cannabis News and Stocks on the Move podcast and
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Wednesday, 12 May 2021
#Crypto and #Cannabis Combine: Global Cannabis Applications Corp. (CSE: $APP.C) (FSE: 2FA) (OTCQB: $FUAPF) CEO Breaks Down Company's Uniswap Token and Efixii Deal with Herb Industries Ltd. @CitizenGreenWld
#Crypto and #Cannabis Combine:
Global Cannabis Applications Corp. (CSE: $APP.C) (FSE: 2FA) (OTCQB: $FUAPF) CEO
Breaks Down Company's Uniswap Token and Efixii Deal with Herb Industries Ltd. @CitizenGreenWld
Point Roberts, WA, Delta BC-May 11, 2021
- Investorideas.com, a leader in crypto
and blockchain investing news brings you today’s special edition of the Crypto Corner podcast featuring an exclusive interview
with Brad Moore, CEO of Global Cannabis Applications Corp. (GCAC) (CSE:APP) (FSE:2FA) (OTCQB:FUAPF). Mr. Moore discusses his company’s
use of blockchain and decentralized finance (DeFi) in the medical cannabis
space.
Global Cannabis Applications Corp, (“GCAC”) is a
global leader in designing, developing, SaaS licensing and acquiring innovative
blockchain data technologies for the medical cannabis industry.
Listen to today’s Crypto Corner Podcast:
https://www.investorideas.com/Audio/Podcasts/2021/042821-CryptoMarket.mp3
Read this in full
at https://www.investorideas.com/news/2021/crypto-corner/05121CSE-APP-Herb-Industries-Ltd.asp
Get the Crypto Corner
Podcast on iTunes
Get the Crypto corner on
Spotify
From the interview:
“This
is a form of end-user marketing to that market segment that uses both medical
cannabis and decentralized finance,” Moore said.
A
recent press
release
announced launch of the GCAC token on Uniswap on the Ethereum (ETH) blockchain. The token was built and is operated by Abbey
Technology, a Uniswap-based DeFi service provider. Moore pointed out that
GCAC’s relationship to the token is through a marketing contract with Abbey.
“They
created the token, and we engaged in a marketing contract with them to use our
name in association with the token,” he said.
Moore
explained in the press release:
“First and
foremost, We - Are - Blockchain. So, I’m delighted to expand our marketing
reach to fellow blockchain proponents. Cannabis consumers come in many forms
and I am really excited to be marketing directly to the Uniswap DeFi community
and raising awareness of cannabis efficacy and quality amongst this rather
liquid demographic.”
A
key feature of the token is GCAC’s commitment to purchase GCAC tokens on
Uniswap with one percent of its quarterly revenues.
“What’s
interesting, as part of our marketing contract, is that we committed to invest
one percent of our top-line revenue,” Moore said. “That’s why when you look at
next year’s deal with Herb Industries, it has the potential to add $160,000
into the liquidity pool.”
“The
whole idea is that we’re investing our hard-earned dollars into the liquidity
pool in a buyback, so actually, people can see us putting money into the
program and as the company grows, it legitimizes what that token actually
means.”
The
deal with the Malta-based Herb Industries Ltd. was announced in a press
release
on April 13, 2021 and involves a definitive three-year software licensing
agreement wherein GCAC will license its Citizen Green Efixii platform as part
of the former’s “‘technology farm’ for use in its cannabis compliance and
consumer transparency.” Efixii is an app that tracks the full cycle of cannabis
cultivations, represented by a QR code.
“With
cannabis, because it’s such a complex plant, you actually have to measure it on
a per gram basis of consumption,” Moore said. “So think about that. All the
data points from it growing; all the way through cultivation, all the way
through testing, all the way through manufacturing – if it’s going into an
edible or into an oil-based product – and all the way to consumption. And
then we measure your experience with the Efixii app … and put that on the
blockchain. Now we’re getting to the point where we’ve got consumption, on a
per gram basis, overlaid with thousands of other people.”
Moore
explained the utility of the data that the company accrues can be leveraged by
regulators.
“Once
you get big data like that, you can do some interesting things,” he said. “Most
importantly, a regulator – when there’s a lack of data – can look at
that and write meaningful regulations. We’re actually doing this project on
behalf of consumers, for the whole point of regulators being able to get behind
this and see what a working blockchain can actually do.”
About Global Cannabis
Applications Corp. “GCAC”
GCAC
is a global leader in designing, developing, SaaS licensing and acquiring
innovative data technologies for the medical cannabis industry. The Citizen
Green and Efixii platforms are the world's first end-to-end - from patient to
regulator - medical cannabis data solutions. They use six core technologies:
mobile applications, artificial intelligence, RegTech, smart databases,
Ethereum blockchain and GCAC smart rewards. These technologies transparently
disclose cannabis chain-of-custody events, thereby enabling patients to provide
crowd-sourced medical cannabis efficacy data. Driven by digital and cannabis
industry experts, GCAC is focused on generating revenue from SaaS licensing its
technology and acquiring high quality cannabis datasets that improve patient
outcomes and to become the world’s largest cannabis efficacy data provider.
For
more Company information, please visit www.cannappscorp.com, or review its profiles on
www.sedar.com and on the Canadian Securities Exchange's website www.thecse.com.
For investors following the
sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital
Currency Stocks Directory
Investors
can trade these stocks and other ideas on our site
using our list of top stock trading apps including Robinhood
, Acorn, Stash and
others.
About Investorideas.com -
News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party
news, research and original financial content. Learn about investing in stocks
and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports
biotech, water, renewable energy and more. Investor Idea’s original branded
content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast
and column, Cleantech and Climate Change , Exploring Mining the AI Eye .
The Crypto Corner is part of the Investor Ideas Membership
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Disclaimer/Disclosure: 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
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the sole interest of our readers and followers. Contact management and IR of
each company directly regarding specific questions. This podcast distribution featuring Global Cannabis Applications
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