Tuesday 30 April 2019
Investorideas.com - Cannabis Funding News: Body and Mind (CSE: BAMM) (OTC Pink: BMMJ) Announces C$10 Million Private Placement Financing
Investorideas.com - Cannabis Funding News: Body and Mind (CSE: BAMM) (OTC Pink: BMMJ) Announces C$10 Million Private Placement Financing
www.investorideas.com - news that inspires big ideas
www.investorideas.com - news that inspires big ideas
Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move- (TSXV: $KHRN.V) (TSX: $TGOD.TO) (CSE: $NTAR.C) (CSE: $OVAT.C)
Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move-
(TSXV: $KHRN.V) (TSX: $TGOD.TO) (CSE: $NTAR.C) (CSE: $OVAT.C)
Delta, Kelowna, BC –April 30,
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/04301KHRN-TGOD-NTAR-OVAT.asp
Today’s podcast overview/transcript:
Good
morning and welcome to another episode of Investorideas.com “potcasts”, looking
at cannabis news, stocks to watch as well as insights from thought leaders and
experts.
In
today’s podcast I focus on a few early announcements from some interesting
companies.
But first, the Texas House gave preliminary approval Monday to a bill that would reduce
the penalties for low-level possession of marijuana.
However, after the House grants final approval for the bill, it
will head to the Senate, where presiding officer Lt. Gov.
Dan
Patrick has expressed opposition to the idea of loosening marijuana
possession penalties.
The lower chamber voted 98-43 in favor of
House
Bill 63 by state Rep. Joe Moody, D-El Paso, after he changed
it on the chamber floor from a decriminalization measure to one that reduces
the penalties for possession. The bill lowers possession of 1 ounce or less
from a Class B to a
Class
C misdemeanor, which is the same classification as a traffic ticket.
Khiron Life Sciences Corp. (TSXV:
KHRN), (OTCQB:
KHRNF), announced
today that it has signed a
distribution agreements for its Kuida® cosmeceutical brand with Cafam, a
leading Colombian drugstore chain. This agreement further expands the brands
points of sales In combination with the previous announced distribution
arrangements this agreement further expands the brands retail and e-commerce
points of sales in Colombia.
Cafam is a large Colombian
conglomerate that is diversified across multiple business lines, with
operations built over a 40-year history. Cafam operates 270 stores across 63
different markets in Colombia, generating annual revenue of USD $561M. The
Company's agreement with the drugstore division of Cafam, represents an initial
49 point of sale locations for Kuida®, and an agreement to expand this
distribution to a total of 150 stores in the first six months of roll-out of
the agreement.
The Green Organic Dutchman Holdings Ltd. (TSX:
TGOD) (OTC:
TGODF) announced
that its Kelowna-based extraction processing services
provider, Valens GroWorks Corp., has obtained its organic certification from
Pro-Cert Organic Systems Ltd.
"TGOD has been committed to organic
since day one. Working with service providers who embrace organic as much as we
do is paramount. I want to congratulate
the team at Valens for obtaining their organic certification," commented
Brian Athaide, CEO of TGOD. "We look forward to delivering certified
organic oils of the highest standards to our patients and customers."
TGOD collaborated with Valens to
facilitate the organic certification of their organic processing methodologies.
As announced on March 11th, as part of its agreement with Valens,
TGOD will have exclusive access to their services for certified organic
extraction processing for a period of one year.
NexTech AR Solutions (OTCQB:
NEXCF) (CSE:
NTAR) today
announced the launch of sentiment analysis
capabilities within its 'Try-It-On' augmented reality (AR) experience for
online retail, the second in a series of sentiment-based technology solutions
being developed for its patent pending web-enabled AR eCommerce platform and
site optimization.
This latest feature is an integration of
computer vision technology programmed to analyze shoppers' sentiment in real
time as they 'try on' different products. Using Microsoft Azure, the technology
is able to live sample shoppers' facial expressions every few seconds and will
make recommendations through on-screen prompts based on a positive or negative
reaction. Currently, the prototype of prompts is set on 'smiling', so when a
potential customer smiles when 'trying on' an item, the technology will
recognize that sentiment and display an on-screen prompt to urge the shopper to
add the item to their cart.
Ovation Science Inc. (CSE:
OVAT), a topical and
transdermal cannabis product development company with a patented skin delivery
technology and backed by over twenty years of research and development, today
announced it has received the
results of its successful completion of independent testing of its broad
spectrum CBD sunscreen to be sold under its recently announced ARLO Beauty
brand of skincare and anti-aging products.
There are two very
important claims that a sunscreen can make: broad spectrum and water
resistance. The SPF value of a sunscreen refers to protection from UVB rays. A
sunscreen however that is "broad spectrum" means the sunscreen
provides protection from both UVB as well as UVA rays; protecting the skin from
ultraviolet rays that penetrate deeper, go through glass and clouds and can
cause more severe skin damage. Only
sunscreens with a critical wavelength above 370 nm are allowed to make the
claim that they provide UVA protection. Ovation's ARLO Beauty sunscreen
surpasses this criterion, allowing it to be labeled as having "broad
spectrum" UVA and UVB protection. In addition, this independent testing
also validated that Ovation's sunscreen achieved the highest level of water
resistance allowed; 80 minutes.
Investor ideas reminds all listeners to read our disclaimers and
disclosures on the
Investorideas.com website and 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
Subscribe to the new cannabis podcast series:
Investorideas.com podcasts are also
available on iTunes, Spotify, Google
Play Music, Stitcher, Spreaker, YouTube
via Spreaker, iHeartradio and Tunein.
Potcasts is now a certified word mark Trademark
on the blockchain through Cognate, Inc. CM Certification-Registration Number:
10468217708
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news
source publishing third party news and press releases plus we create original
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from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto,
technology including AI and IoT ,
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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.
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.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn
more about publishing your news release and our other news services on the
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Investor Ideas does not condone the use
of cannabis except where permissible by law. Our site does not possess,
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Better Together: #Cannabis-Infused #Beer JV’s Ready Themselves for October Legalization (CSE: $SPR.C) (OTCQB: $SRUTF) (NYSE: $CGC) (TSXV: $BEER.V) (NYSE: $HEXO)
Better Together: #Cannabis-Infused
#Beer JV’s Ready Themselves for October Legalization (CSE: $SPR.C) (OTCQB:
$SRUTF) (NYSE: $CGC) (TSXV: $BEER.V) (NYSE: $HEXO)
Point Roberts WA,
Delta, BC – April 30, 2019 - Investorideas.com, a leading investor news resource covering
hemp and cannabis stocks releases a snapshot looking at cannabis-infused beer
JV’s and distribution partnerships as they ready themselves for the upcoming
Canadian consumables market, as regulations are expected to permit this
October.
Read this in full at https://www.investorideas.com/news/2019/cannabis/04304Stocks-Beer.asp
Recently one of the
largest cannabis beverage partnerships involving Canopy Growth Corp. (NYSE:CGC) (TSX: WEED) and Constellation
Brands, Inc. announced that they have
agreed to make some changes to various warrants and rights.
The new agreement to
change some of the warrants and rights that influence their partnership is
believed to have been influenced by Canopy’s plans to acquire Acreage Holdings
Inc. Another key factor that influenced the decision by Constellation Brands and
Canopy Growth to review the warrants and rights is the chance of cannabis
legalization by the federal government.
The attention surrounding cannabis-infused
beers is bringing in new players such as Sproutly
Canada, Inc. (CSE: SPR) (OTCQB: SRUTF), and Moosehead
Breweries Limited, who just announced that they have
entered into a definitive agreement to form an exclusive joint venture to
develop, produce, and market cannabis-infused beverages in Canada using
Sproutly’s acquired proprietary, naturally produced water-soluble cannabinoids
known as Infuz2O.
Moosehead, the oldest
and largest Independent Beer Company in Canada, brings over 152 years of
beverage experience in building and operating adult beverage businesses in
Canada, an established national supply chain and distribution capabilities in
all provinces with a large sales and marketing team and the Oland family’s proven ability in
building and marketing industry leading adult beverage brands such as Moosehead
and licensed and supporting brands such as Alexander Keith’s, Angry Orchard and
Twisted Tea.
Sproutly’s Infuz2O
can deliver the cannabis effect within 5 minutes and last up to 90 minutes,
providing a similar experience timeframe to beer, while also producing a clear
cannabis beverage that is much easier and faster to formulate than many of its
competitors who will be using emulsifiers, encapsulation or chemically modified
techniques to strangely mirror solubility.
“With the anticipated
legalization of edibles in Canada later this year, Moosehead has made the
strategic decision to enter the cannabis beverage market. As one of the oldest
brands in Canada and a leader in the beer category, we believe we are uniquely
positioned to be a leader in the cannabis beverage category.” said Andrew
Oland, Chief Executive Officer of Moosehead. “As a 152 year old company
spanning six generations, we are very selective about new business
opportunities. After a significant amount of due diligence on Sproutly’s APP
technology and Infuz2O water soluble cannabinoids vs other
competitive technologies, we are excited to announce this joint venture. With
their advanced technology and our long-standing product development experience,
we expect to bring to Canadian consumers cannabis beverages that address the
major issues currently limiting appeal of this category in other markets; a
beverage that: 1) actually tastes good; and 2) provides an immediate and
controllable cannabis experience lasting up to 90 minutes.”
“After careful analysis of the cannabis industry and the cannabis
beverage opportunity in Canada, we believe that Moosehead and Sproutly together
are well positioned to become a significant player in the category.” said
Matthew Oland, incoming Chief Executive Officer of the Joint Venture. “The JV’s
ability to leverage Moosehead’s rich history of building adult-beverage brands,
and its established R&D and operational infrastructure, will enable the JV
to bring great tasting cannabis beverages to Canadian consumers. The Infuz20
technology delivers a natural cannabis beverage experience, with an onset and
offset time similar to traditional flower cannabis, without the need for
chemical modification. We believe this will be a game changer for the sector.”
Lexaria
Bioscience Corp., who develops and licenses DehydraTECH, a patented lipid
nutrient infusion technology that improves taste, rapidity, and delivery of
bioactive compounds that include cannabinoids, vitamins, NSAIDs, nicotine, and
other molecules, has also been looking into the beverage sector for quite some
time, having partnered with Hill Street Beverage Company Inc. (TSX-V:BEER) (OTC: HSEEF)
Hill
Street CEO Terry Donnelly recently discussed the company’s
first quarter which showed the company’s revenue was up 100 percent YOY and the
company is tracking 35 percent annual revenue growth for 2019. Donnelly also
discussed how Hill Street has used its line of non-alcoholic beer and wine to
drive its brand recognition ahead of the legalization of infused beverages in
the fall. Hill Street uses Lexaria’s DehydraTECH to create infused beverages
which allows for 5 to 10 percent greater availability of THC and ensures
consumers feel the beverage’s full effect in 15 minutes.
A sleeping giant in this same sector that is surrounded by
market anticipation is Truss, the JV of Molson Coors Canada, the Canadian business
unit of Molson Coors Brewing Company, and HEXO
Corp. (NYSE: HEXO) (TSX: HEXO) who announced their partnership
back in August 1, 2018, to develop non-alcoholic, cannabis-infused beverages
for the Canadian market following legalization.
“With the backing of
two partners with deep Canadian roots, proven success, and market-leading
experience in the respective beverage and cannabis industries in Canada, Truss will hit the ground running,” said
Brett Vye, Chief Executive Officer at Truss. “When consumable cannabis is
legalized in Canada, Truss will be
ready to make its mark as a responsible leader in providing high-quality beverages
for the Canadian consumer. Why “Truss”? We are joining together the
extensive experience and excellent practices of each partner to build a
powerful foundation for the future.”
This combination of
experienced beverage providers with cannabis technology companies allows for
all of these companies to have the best of both worlds. As these JV’s ready
themselves for October the only big question is what the finalized regulations will permit and how
these companies may have to alter their approach to match them.
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 - News that Inspires
Big Investing Ideas
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.
Follow us on Cannabis Social Media
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. Disclosure: this news
article featuring Sproutly Inc
(SPR) is a paid for news release on
Investorideas.com – third party.
Contact management and IR of each company directly
regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn
more about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com
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
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