Investorideas.com newswire, breaking news for marijuana, cannabis and hemp stocks

Friday 22 March 2019

Vertically Integrated #Cannabis Companies on Tour: A New Era of Confidence as Regulations Change (OTCQX: $HRVSF) (OTCQX: $MDCL) (CSE: $POT.C) (TSXV: $KHRN.V)


Vertically Integrated #Cannabis Companies on Tour: A New Era of Confidence as Regulations Change (OTCQX: $HRVSF) (OTCQX: $MDCL) (CSE: $POT.C) (TSXV: $KHRN.V)



Point Roberts WA, Delta BC – March 22, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at how companies are expanding their footprint and vertical integrated operations. In parallel, management is on the road, spreading the word about this rapidly expanding sector with a new sense of confidence.

More and more high profile executives from the beverage, pharmaceutical, media and finance sectors are joining cannabis operations and many are using the numerous cannabis/investor events taking place in March and April to discuss their recently closed acquisitions, and how that will impact their companies and the cannabis industry. 


John Cochran, Chief Operating Officer of Harvest Health & Recreation, (CSE: HARV) (OTCQX: HRVSF), will deliver the Welcome Keynote, "Tapping the Beverage Market Boom," at Cannabis Conference 2019, April 1-3, in Las Vegas, Nevada. 

"While alcohol and cannabis differ in many ways, the regulatory framework and consumer trends shed light on the future of the plant in this country and around the world," said Cochran, who is the former CEO of multistate cannabis company Loudpack Inc., former CEO of Pabst Brewing Company, and former President and COO of Fiji Water Company. "I'm excited to share the lessons I've learned after decades at some of the largest beverage and cannabis companies in the world with attendees of Cannabis Conference."

Harvest is a vertically integrated cannabis company with licenses for more than 140 retail, cultivation, manufacturing and distribution facilities across 12 states. In his Keynote, Cochran will also explore Harvest's value chain and frameworks for considering profitable, scalable solutions and the importance of communicating those shifts to investors.

Medicine Man Technologies, Inc. (OTCQX: MDCL), a rapidly growing, vertically integrated cannabis operator, recently announced it will be presenting at the Sidoti & Company, LLC, Spring 2019 Investor Conference being held on March 28, 2019, at the Marriott Marquis in New York City.  Joe Puglise, COO of Medicine Man Technologies will be delivering a corporate overview of the Company on Thursday, March 28, at 8:00AM ET.  

Medicine Man Technologies was recently reported as one of the Top 10 Most Profitable Pot Stocks by EnergyandResourcesDigest.com, with Aphria leading the pack.

"We've announced some recent corporate updates to our Company, including 150%+ year-over-year profitable growth and the pending acquisitions of MedPharm Holdings, LLC, and Medicine Man Denver, which would bring Medicine Man Technologies to an annual run rate of over $40 million," says Medicine Man Technologies CEO, Andy Williams. "Along with our new COO's expertise in scaling up businesses, there are many reasons why we believe this is an exciting time to tell our story to the investment community."

The company is expected to close acquisitions of Medicine Man Denver and MedPharm Holdings, LLC, later this year, which would give the combined company retail, cultivation, extraction, formulation and distribution relationships in 18 states; offer retail pharmaceutical-grade and recreational cannabis products direct to consumers and dispensaries from a GMP-certified facility; and provide turnkey solutions and supplies for cannabis cultivators. MedPharm currently holds patents on a precise-dose packaging product and intellectual property for a water-soluble powdered cannabinoid. The packaging allows for accurately dosed cannabis with optimized delivery using MedPharm’s Lipophilic Enhanced Absorption Formula (L.E.A.F.).

Weekend Unlimited Inc.’s (CSE: POT) (OTCQB: WKULF) CEO, Mr. Paul Chu recently spoke at New York City's CannaGather event on Tuesday, March 20.

Mr. Chu shared the stage with Richard Carleton, the Chief Executive Officer of the Canadian Securities Exchange and Alan Brochstein, the Founder of New Cannabis Ventures.

During his talk, Mr. Chu highlighted: The Company's focus on building a recreational cannabis lifestyle brand that appeals to a wide range of demographics; The appeal of the Company's stock symbol POT; The Company's management experience in building consumer packaged goods brands and why that matters in the cannabis industry; and The Company's offerings across Canada, Jamaica and the United States.

In addition, Mr. Chu provided a preview of the company's brand new look and Weekend-branded products, which he said would be made public on April 10, 2019.

Khiron Life Sciences Corp. (TSXV: KHRN), (OTCQB: KHRNF), a vertically integrated cannabis leader with core operations in Latin America also took advantage of this “March Madness”, having announced that the Company’s President, Chris Naprawa presented and answered questions from participating investors at the second annual LD Micro Virtual Conference on March 13th.

Khiron and Dixie Brands Inc. recently signed a definitive agreement relating to the joint venture called Dixie Khiron JV Corp., 50% owned by each.

By combining Dixie's portfolio of more than 100 cannabis-infused products with Khiron's established footprint throughout Latin America, the companies aim to capture first-mover advantage and establish leadership in the region of 620 million people.

As vertically integrated companies expand their reach into new markets and leverage economies of scale, the story for each company and the sector as a whole becomes more compelling. According to New York-based investment bank Jefferies Group LLC, the global cannabis industry could be worth as much as US$130 billion a decade from now if a wave of legalization sweeps the US, Europe and Latin America.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

 
About Investorideas.com
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and  the AI Eye Podcast and column covering developments in AI. 


Cannabis Social Media

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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring Medicine Man Technologies (OTCQX: MDCL) is a paid for service on Investorideas.com – third party. Learn more about costs and our  services https://www.investorideas.com/News-Upload/
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Bigger is Better: More #Cannabis Facilities Receive Approval for Expanded Production; (TSX: $VFF.TO) (TSX: $FIRE.TO) (CSE: $AGRA.C) (TSXV: $NRTH.V)


Bigger is Better: More #Cannabis Facilities Receive Approval for Expanded Production; (TSX: $VFF.TO) (TSX: $FIRE.TO) (CSE: $AGRA.C) (TSXV: $NRTH.V)



Point Roberts WA, Delta BC – March 22, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the numerous  production facilities that were awaiting Health Canada approval, that are now fully licensed and operational.

As 2019 will be the first full calendar year of legal cannabis sales in Canada, the question of production capacity and cannabis supply is being answered one approval at a time.


Village Farms International, Inc. (TSX:VFF) (NASDAQ: VFF) announced earlier this month that its 50%-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms received from Health Canada the seventh amendment to the cultivation license for its 1.1 million square foot greenhouse in Delta, BC.

This amendment permits Pure Sunfarms to expand its cannabis production area by approximately 206,000 square feet to a total of approximately 1.03 million square feet (16 grow rooms).  With this amendment, the entire growing area at Pure Sunfarms' greenhouse is now licensed for cultivation. The newly licensed area is expected to be planted by the end of March 2019.

Village Farms also announced that Pure Sunfarms has, as planned, commenced re-planting of Quadrant 1 of its greenhouse following the planned suspension of production last autumn to install the infrastructure for supplemental lighting to maximize yields in the winter months. The Company expects Quadrant 1 to be fully planted by the end of April 2019, at which time Pure Sunfarms will be in production on the entire 1.03 million square feet of growing area at its facility, making it one of the largest fully operational cannabis production facilities in the world.

The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) recently announced that its wholly-owned subsidiary, 7ACRES, has obtained Health Canada approval for six additional flowering rooms totaling 60,000 square feet of additional production space at its facility in Kincardine, Ontario.

Total flowering room space at 7ACRES increases from 120,000 sq. ft. to 180,000 sq. ft. and 7ACRES' annual production capacity estimate increases from approximately 17,500kg to 26,250kg. As noted in previous communications, Supreme Cannabis expects that with further production efficiencies following the licensing of all 25 flowering rooms, 7ACRES' potential capacity is anticipated to reach approximately 50,000kg per year by mid-2019.

"Today's announcement is a major milestone which represents a 50% increase in our estimated annual production capacity. With 18 of 25 flowering rooms at 7ACRES now approved by Health Canada, production space at our facility is near the finish line," said John Fowler, President and Founder of Supreme Cannabis. "With our multi-award winning 7ACRES brand now available in 8 out of 10 provinces, we look forward to completing construction of the facility so that cannabis enthusiasts coast-to-coast will be able to enjoy what we believe to be the highest-quality cannabis grown at scale in the country."

AgraFlora Organics International Inc. (CSE: AGRA) (OTC: PUFXF), a growth oriented and diversified international cannabis company recently announced it is acquiring an additional 10% of the shares of Propagation Services Canada Inc. for $14 million payable by common shares of AgraFlora at a price of $0.68 per share, equivalent to 20,588,235 common shares.

"It is important for AgraFlora to continue to have a majority stake in the joint venture company Propagation Services Canada," said Derek Ivany, President and CEO of AgraFlora. "The Delta Greenhouse Complex will become our marquee facility with 2.1 million square feet of greenhouse space and 100,000 square feet in production facilities. Progress on the retrofit continues to be on target and we expect to submit our licensing application video to Health Canada by the end of June."

48North Cannabis Corp. (TSXV:NRTH) recently announced that its wholly-owned subsidiary, Good & Green, a licensed cannabis producer under the Cannabis Act received its Standard Processing License from Health Canada on March 8, 2019.

This is 48North's second Processing License from Health Canada; the Company's first Processing License was granted for its Delshen Therapeutics facility in Kirkland Lake, Ontario. This additional license solidifies 48North's ability to launch next-generation cannabis products for retail sale in the fall of 2019.

Pending Health Canada approval, 48North will be one of the first Licensed Producers in Canada to have an outdoor cannabis farm, expected to produce over 40,000 KG of dried cannabis, from over 3.7 million sq. ft. of cultivation space, at a low-cost. 48North plans on using the majority of this significant production volume for extracted, value-added products.

Reaching production capacity has been an essential marker for numerous cannabis companies, many of which are now reaching that marker as final approvals and construction is completed. We can expect more announcements like these throughout March, April and May, as that is the timeframe many companies have aimed to be fully operational for in preparation for summer cannabis sales.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks
 
About Investorideas.com

Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and  the AI Eye Podcast and column covering developments in AI. 

Cannabis Social Media

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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring The Surpreme Cannabis Company Inc. (TSX;FIRE) (OTCQX:SPRWF) is a paid for service on Investorideas.com – third party . Learn more about costs and our services https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors:: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

Contact Investorideas.com
800-665-0411



Thursday 21 March 2019

Investorideas.com - Canopy Growth (TSX: $WEED.TO) (NYSE: $CGC) Acquires Hemp Company to Accelerate Expansion in the United States

Investorideas.com - Canopy Growth (TSX: $WEED.TO) (NYSE: $CGC) Acquires Hemp Company to Accelerate Expansion in the United States

Get the latest Cannabis and Hemp stock news from www.investorideas.com

Investorideas.com - Cannabis News: Weekend Unlimited (CSE: $POT.C) (OTCQB: $WKULF) Concept Store To Open In California

Investorideas.com - Cannabis News: Weekend Unlimited (CSE: $POT.C) (OTCQB: $WKULF) Concept Store To Open In California

Investorideas.com - Cannabis News: Lifestyle Delivery Systems Inc. (CSE: LDS) (OTCQX: LDSYF) Announces CannaStrips™ in Multiple New Stores

Investorideas.com - Cannabis News: Lifestyle Delivery Systems Inc. (CSE: LDS) (OTCQX: LDSYF) Announces CannaStrips™ in Multiple New Stores

Get the latest Cannabis and Hemp stock news from www.investorideas.com

Investorideas.com - Cannabis News: Body and Mind Inc. (CSE: BAMM) (OTC Pink: BMMJ) Expands into Arkansas

Investorideas.com - Cannabis News: Body and Mind Inc. (CSE: BAMM) (OTC Pink: BMMJ) Expands into Arkansas

Investorideas.com - Curaleaf (CSE: $CURA.C) (OTCQX: $CURLF) Opens Its 23rd Florida Dispensary Featuring Miami's First Medical Marijuana Drive-Thru

Investorideas.com - Curaleaf (CSE: $CURA.C) (OTCQX: $CURLF) Opens Its 23rd Florida Dispensary Featuring Miami's First Medical Marijuana Drive-Thru

Get the latest Cannabis and Hemp stock news from www.investorideas.com

You can't hold a good weed stock down (Nasdaq: CGC) (NASDAQ: TLRY) (NASDAQ: ACB)

You can't hold a good weed stock down (Nasdaq: CGC) (NASDAQ: TLRY) (NASDAQ: ACB) : You can't hold a good weed stock down (Nasdaq: CG...