Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move (TSX:
$ZENA.V) (CSE: $GABY.C)
(TSXV: $NDVA.C) (CSE:
$CRFT.C)
Delta, Kelowna BC –June 3,
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
Today’s podcast
overview/transcript:
Good
afternoon 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 we look at a few early announcements.
But
first, according to a new report from Deloitte, the next stage of cannabis legalization
in Canada is expected to create a consumer market for edibles and other alternative
cannabis products worth more than C$2.5 billion a year and generate higher
profits for retailers than cannabis products that are already legal.
The
report, Nurturing new growth: Canada gets ready for Cannabis 2.0, says the
legalization on October 17, 2019, of edibles containing cannabis and cannabis
concentrates will create new product mixes that will reach consumers who may
have been reluctant to try traditional cannabis consumption methods that are
currently available. Many of these novice or "cannabis-curious"
consumers will be older, often female Canadians who will prefer more familiar
consumption formats, notably edibles such as baked goods.
"The
edibles market alone is estimated to be worth at least $1.6 billion a year in
Canada, with cannabis-infused beverages adding a further $529 million,"
said Jennifer Lee, a partner and Deloitte Canada's Cannabis National Leader,
and Consumer Advisory and Analytics Practice National Leader. "According
to our research and stakeholder interviews, much of this economic boost will be
on top of current cannabis product spending. The introduction of
cannabis-infused edibles will clearly threaten the alcohol industry as
consumers are using the product for similar usage occasions."
"The
global cannabis market is enormous, and Canadian firms are well-positioned to
play a pivotal role as this market grows and evolves," said Lee.
"Cannabis companies with strong professional leadership and business
fundamentals, a focused strategy, and a willingness to place bets—while playing
the long game to wait out the changing regulatory environments—will be the ones
who succeed and prosper."
For more information and to read the full
Deloitte 2019 cannabis report, please visit: Nurturing new
growth.
Zenabis Global Inc. (TSX:ZENA) today announced that Health Canada has granted an
industrial hemp production license.
"This
is the second cultivation license we have received from Health Canada this
year, and is another important step toward realizing our vision of becoming a
significant cannabis and cannabinoid producer in Canada," said Andrew
Grieve, Chief Executive Officer of Zenabis.
"This
license enables the commencement of hemp cultivation and hemp-derived CBD
production, and also the testing of our vertical farming system at Zenabis
Langley for the cultivation of hemp. This vertical farming system is intended
to be used for the production of cannabis upon receipt of the Zenabis Langley
cannabis cultivation license. The hemp-derived CBD market is expected to grow
exponentially over the next three years.1 Through this addition,
among other strategic hemp-focused initiatives, we are positioning Zenabis to
participate in the hemp-derived CBD industry in both Canada and the United
States."
Zenabis
will be able to cultivate hemp using the remaining land and in greenhouses
off-cycle from other crops for its Zenabis Langley, Zenabis Pitt Meadows, and
Zenabis Aldergrove facilities.2 Hemp cultivation at the Zenabis
Langley site will not interfere with the planned cannabis cultivation
activities at Zenabis Langley, nor will it reduce the cannabis cultivation
design capacity of Zenabis Langley.
Gabriella's Kitchen Inc. (CSE: GABY) (OTCQB: GABLF), a market-leader in the North American
cannabis wellness space, announced that its common shares have been approved
for listing on the OTCQB Venture Market ("OTCQB"), a U.S. trading platform that is operated by the OTC
Markets Group in New York. Effective June 3, 2019, the Company will commence
trading on the OTCQB under the symbol "GABLF". The Company's common
shares will continue to trade on the Canadian Securities Exchange ("CSE") under the symbol
"GABY".
In
respect of the OTCQB listing, Margot Micallef, CEO of GABY commented, "We
are thrilled to announce the listing of GABY's common shares on the OTCQB
exchange, which we believe further establishes GABY as an innovative and
leading-edge North American cannabis wellness company with broad appeal. GABY
anticipates this additional listing on the OTCQB will provide increased
opportunity for shareholder liquidity, as well as enhanced market access for
American institutional and retail investors seeking to become a part of the
GABY story."
Indiva Limited (TSXV:NDVA) (OTC:NDVAF) has successfully received an amended license from Health Canada for
three additional grow rooms and three additional processing rooms, bringing the
company's annual cultivation capacity to approximately 1,000kg. The three newly licensed rooms will be
immediately populated with plants, using advanced aeroponic grow technology,
with the first harvest expected in less than 10 weeks. The Company has
completed the video evidence package for an additional five rooms, including
additional processing space, with the expectation the rooms will come online in
Q3 2019, subject to Health Canada approval.
Once all eight rooms are online, Indiva's annual flower capacity will be
approximately 3,000kg.
The
amended license will further strengthen Indiva's position in the domestic and
international cannabis industry, by allowing an expanded supply of quality
products to patients as well as provincial wholesalers. This expansion will
directly serve the growing demand for Indiva products including the company's
current line of pre-rolls available through the OCS and licensed retailers in
Ontario. The increased flower capacity
will also serve as raw material for Indiva's 70 tonne extraction facility
planned for 2019, and ultimately serves as a high quality input for the
Company's upcoming release of concentrates, chocolates, sugar and various other
cannabis derivative items, when the law permits.
"Indiva
continues to execute on its expansion plans, and this increase in production
capacity gives us greater bandwidth to service the demand for quality cannabis
products in Canada," said Niel Marotta, President and CEO.
Pasha Brands Ltd. (CSE: CRFT),
Canada's largest craft cannabis organization, announced today that trading of its common shares will
commence at market open today under exchange symbol "CRFT" on the
Canadian Stock Exchange. This follows the completion of the reverse takeover of
Broome Capital Inc.
Although
new to the public markets, Pasha is Canada's only prohibition-era brand house
and already the most significant force in Canada's craft cannabis community.
The vertically integrated craft cannabis organization operates as a brand house
representing Canada's most established craft cannabis cultivators, producers
and retailers. Within the Pasha umbrella resides award-winning brands that have
firmly established themselves, pre-legalization, in British Columbia – a region
known around the world for its high quality craft cannabis product. Prior to
legalization, the brands now owned by Pasha, while operating in the prohibition-era,
ranked among the leading revenue producing companies now operating in the
regulated industry.
"Today
is historic for both Pasha Brands and the Canadian craft cannabis
community," said Patrick Brauckmann, Executive Chairman of Pasha Brands.
"Our listing not only marks the beginning for Pasha as a publicly traded
company, but confirms our unwavering commitment to help take growers and
brands, many of which played a role in making legalization happen, into the
legal marketplace."
Pasha's
wholly-owned subsidiary, BC Craft Supply Co. Ltd. will assist micro-cultivators
through development, licensing, testing, and distribution of craft cannabis
products, in exchange for a guaranteed supply agreement with each
micro-cultivator. Similar to Pasha, BC Craft has also amassed some of the most
experienced growers in the industry who have laid the foundation for legal
cannabis to exist today. Under the Health Canada framework, each
micro-cultivator will be able to legally process approximately 500 kilograms of
dried flower per year. For every 100 micro-cultivators BC Craft secures, up to
50,000 kilograms of world-class craft cannabis could be available to the market
via Canada's regulated supply chain.
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 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.
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
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.
Follow us on
Social Media
Contact
Investorideas.com
800-665-0411
