Investor Ideas #Potcasts #Cannabis News and Stocks on
the Move: Zenabis
(TSXV: $ZENA.V) (OTC: $ZBISF), Nextleaf (CSE: $OILS.C), Lifestyle Delivery
(CSE: $LDS.C), Canopy (TSX: $WEED.TO) (NYSE: $CGC) and Curaleaf (CSE: $CURA.C)
Delta,
Kelowna, BC –March 21, 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 edition
of Investorideas.com potcastsCM - 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/03211ZENA-ZBISF-OILS-LDS-WEED-CGC-CURA.asp
Today’s podcast overview/transcript:
Good
afternoon and welcome to another Investorideas.com “potcast”, looking at
cannabis news, stocks to watch as well as insights from thought leaders and
experts.
Today
we are looking at announcements from Zenabis Global Inc. (TSXV:
ZENA) (OTC:
ZBISF), Nextleaf Solutions Ltd. (CSE:
OILS),
Lifestyle Delivery Systems Inc. (CSE:
LDS), (OTCQX:
LDSYF), Canopy Growth Corporation (TSX:
WEED) (NYSE:
CGC) and Curaleaf Holdings, Inc. (CSE:
CURA) (OTCQX:
CURLF).
But
first, Barneys New York, the
luxury specialty retailer, today
announced the opening of "The High End",
its luxury cannabis lifestyle and wellness concept shop, in its Beverly Hills flagship store. With the launch of The High End, Barneys
New York is the first major retailer to introduce a cannabis lifestyle shop.
"Many of our customers are
incorporating cannabis into their lifestyle, and The High End meets this new
need in a way that only Barneys New York can," said Daniella Vitale, Chief
Executive Officer & President, Barneys New York. "We are thrilled for
customers to visit The High End and its extraordinary selection of products.
It's an experience they can't get anywhere else."
Select products featured in The High End
will also be available on Barneys.com starting March 29. Following the opening
in Beverly Hills, Barneys New York plans to expand The High End to additional
locations in the near future.
The High End features an exclusive
partnership with upscale cannabis company Beboe, and an extensive selection of
accessories and lifestyle products. This includes a range of elevated wellness
products and rare items across home, jewelry, beauty and more. Guests will be
able to experience a selection of custom blown glass pipes, luxury rolling
papers, one-of-a-kind vintage ashtrays, accessories including sterling silver
grinders, and CBD-infused beauty.
Zenabis Global Inc. today
announced a significant expansion of its supply
opportunity through its entrance into the European pharmaceutical cannabis
market. Zenabis has entered into a Letter of Intent ("LOI") towards a
definitive supply arrangement with Farmako GmbH ("Farmako"), a
research-based pharmaceutical company headquartered in Frankfurt, Germany.
Pursuant to the LOI, Farmako has
committed to an initial purchase of CBD isolate. Farmako and Zenabis will each
pursue all relevant regulatory permits and licenses in order to complete the
initial transaction. The Letter of Intent also contemplates an expansion of the
supply arrangement to include other Zenabis products as permitted under
applicable laws.
"We are thrilled to enter the
European market alongside such an innovative and ambitious industry leader as
Farmako," said Andrew Grieve, Chief Executive Officer of Zenabis.
"The market for pharmaceutical cannabis in Europe is estimated to reach
€55 billion by 2028, and this strategic relationship helps position our company
to seize the opportunity this represents. Farmako's significant growth
ambitions align with our own. With a shared commitment to product innovation
and R&D, we look forward to leveraging this relationship to expand our
opportunities in the future."
Nextleaf Solutions Ltd. (formerly Legion
Metals Corp.) announced that
the common shares of Nextleaf commence trading today on the Canadian Securities
Exchange under the ticker symbol "OILS". Nextleaf is an extraction
and processing technology company that has developed a portfolio of issued and
pending patents pertaining to the company's unique, industrial-scale process of
producing purified cannabinoid distillate, a tasteless, odourless cannabis
concentrate best suited for infusing premium value-added products.
"I firmly believe Nextleaf's
intellectual property portfolio for improving the purity and yield of
cannabinoids obtained through the extraction and purification of cannabis
biomass will be extremely impactful with the global legalization of cannabis
and rapidly growing demand for oils and derivative products in medical and
adult-use markets" says CEO Paul Pedersen.
Lifestyle Delivery Systems Inc. announced its
flagship product, CannaStrips™, has been delivered to multiple new stores.
Last week the Company's wholly-owned
subsidiary, CSPA Group Inc., self-distributed CannaStrips™ into 3 new
stores. One of the stores that received
CannaStrips™ sold out of the product within several days of receiving the
shipment and has placed another order for double the amount received the first
time. Rise Distribution has placed a
purchase order for CannaStrips™ THC, which is set to be filled and delivered on
Monday, March 25, 2019. Rise Distribution is planning to sell CannaStrips™ in their 200+ stores as
well as make it available through their home delivery service.
Casey Fenwick, President of LDS, stated,
"Every retail store I go into that is selling CannaStrips™ is getting
excellent feedback from the growing customer base. The first comment is usually how good the
strip tastes compared to any other cannabis product that is taken orally. People are surprised at how little time it
takes for them to start feeling effects and how long these effects last. I am hearing people of all ages enjoying the
THC version of CannaStrips™, and, with all of the CBD buzz going on, I am very
excited to get the CBD CannaStrips™ into people's hands."
Canopy Growth Corporation announced today
it has acquired AgriNextUSA, a hemp enterprise led by CEO Geoff Whaling, that
has been at the forefront of hemp advocacy and building a vibrant hemp sector
in the USA. The acquisition will accelerate Canopy Growth's entry into key American
jurisdictions as regulations surrounding the full use of hemp as a crop begin
to be implemented, thanks in part to the recently enacted 2018 US Farm Bill.
"The United States is the next stop
on Canopy Growth's desired path to becoming a leading, revenue-generating
company focused on all aspects of cannabinoids and their potential," said
Bruce Linton, co-CEO and Chairman of Canopy Growth. "Our significant
investments, acquisitions and compilation of talented leaders such as Geoff
will position us for swift expansion throughout the United States. By
collaborating with a pioneer like Geoff, who has been involved with our team
since our earliest days in 2013, we will aim to turn hemp supplied by American
farmers into a wide range of products."
Hemp has the potential to disrupt several
prominent industries: advanced materials, cosmetics, energy, fibre and
textiles, food and protein production and the health and wellness sectors. In
addition, hemp is a natural source of CBD, the non-intoxicating component of
cannabis that can be used for health and wellness purposes in jurisdictions
where legally permitted.
The vision proposed by AgriNextUSA and
supported by Canopy Growth would involve creating Hemp Industrial Parks such as
the one previously announced in New York State, where this super crop could be
fast-tracked through a production cycle that would result in commercial
applications for all parts of the plant, from root to tip. American farmers
will benefit from a model that provides a single, regional destination for
their hemp crops and connects them with the researchers, entrepreneurs and
innovators whose ideas will turn their crops into new products and industries.
Curaleaf Holdings, Inc., a leading
vertically integrated cannabis operator in the United States, announced
today the opening of its 23rd
Florida dispensary as the company continues to expand rapidly throughout the
state. Curaleaf has the largest cannabis dispensary footprint in the US, with
43 dispensaries across the country.
"As Curaleaf continues to deliver on
its expansion strategy, we are well positioned to improve the quality of
patients' lives by providing access to safe top-quality cannabis
products," shared Joe Lusardi, Curaleaf CEO.
Located northwest of Miami International
Airport, the dispensary includes the community's first medical marijuana
drive-thru. Curaleaf, a leader in providing patients with access to medical
marijuana in Florida, was the first in the state to introduce and pilot the
drive-thru concept at its Palm Harbor dispensary last summer. The company then
launched its second drive-thru in Orlando. Curaleaf's drive-thru concept has
proven to deliver patients an added benefit – convenience.
Lusardi added, "Understanding many
of our patients live with debilitating conditions that may impact mobility, we
are proud to now offer Miami area patients our premium quality medical
marijuana products through online orders that may be fulfilled via our
drive-thru or free delivery service."
In addition to the Company's unwavering
commitment to accessibility, Curaleaf also continues to provide patients with
compassionate, best-in-class bilingual customer service and educational
resources. This dispensary will launch a series of monthly educational events,
including Spanish-language workshops, beginning this April for local patients,
physicians and community members.
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