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Wednesday 11 September 2019

Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (CSE: $TTT.C) (OTCQB: $TTTSF) (TSXV: $WL.V)(CSE: $CNNA.C) (OTC: $SING)


Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (CSE: $TTT.C) (OTCQB: $TTTSF) (TSXV: $WL.V)(CSE: $CNNA.C) (OTC: $SING)



Delta, Kelowna, BC –September 11, 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:



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

In today’s podcast we look at a few early announcements.

TruTrace Technologies Inc. (CSE: TTT) (OTCQB: TTTSF) announced that Tilray Canada Ltd., a subsidiary of Tilray, Inc. (NASDAQ:TLRY), has joined the Shoppers Drug Mart medical cannabis verification pilot program.

"Tilray has maintained a keen focus on the importance of quality medical cannabis, from their clinical research initiatives to their strategic partnerships in the global medical market," said TruTrace Technologies CEO Robert Galarza. "We are very excited to begin working with them in the Pilot Program, and we believe our blockchain enabled verification and traceability of their products will only further bolster their global brand."

Westleaf Inc. (TSXV:WL) (OTCQB:WSLFF) announced the opening of its first Alberta retail location. Calgary residents who are 18+ now have the chance to experience a new spin on cannabis retail through an immersive and inclusive in-store environment with the grand opening of Prairie Records' first Calgary location on Saturday, September 14th. The new Prairie Records store is located on one of the city's busiest streets and in one of its most recognizable cultural hubs, International Avenue (17th Ave SE).
"This is an important next step for Westleaf as we expand in the prairie provinces and continue to build out our retail footprint in western Canada," explains Adam Coates, Chief Commercial Officer at Westleaf. "It also gives us an opportunity to introduce the unique Prairie Records brand to Alberta cannabis consumers, the country's most advanced retail market. We believe based on our experience in Saskatchewan that our brand is going to be a winner and differentiate our retail experience from all others."          
In honour of the store's official grand opening, Prairie Records is hosting musically-infused activities with a special performance by local musician DJ Sonidef and offering exclusive in-store specials and promotions from 1:00 p.m. to 8:00 p.m. Calgarians will have the opportunity to explore the new Prairie Records store which seeks to educate both first-time users and cannabis connoisseurs by sparking discovery and encouraging exploration in its welcoming and approachable musically-themed atmosphere.
CannaOne Technologies Inc. (CSE: CNNA) (OTC: CNONF) provided highlights of the updates and improvements made to its proprietary online marketplace software developed exclusively for the cannabis industry.
Over the past 3 years CannaOne has developed its own in-house e-commerce solution, BloomKit, for the rapidly growing cannabis industry. This dynamic software can support multiple online marketplaces in various jurisdictions, with intelligence to engage and retain cannabis consumers; hence, establishing CannaOne amongst the first companies to be able to take advantage of this massive emerging market opportunity. 
CannaOne Technologies CEO, Mr. Riby-Williams, commented "in the past few years, we have seen an astounding amount of cannabis derived products available in a broad range of options in various regions throughout the world and we're still in the early stages. We're one of the only companies that have developed our own proprietary software, which is specifically developed for e-commerce in the cannabis industry.  Our technology is constantly being developed, tested and optimized.  The advantage of owning our own proprietary software is that we can swiftly adjust and develop the framework to changes in the industry and regulations as the globe markets continue to allow sales for CBD and THC cannabis products. Additionally, we would remain the sole owner of our own sales and consumer data, thus allowing us to maximize our opportunities. We remain certain that ecommerce and online marketplaces are the most ideal outlet for cannabis sales, and being amongst the first in this space ideally positions us for growth"

Hemp, Inc. (OTC: HEMP), announced that The Hemp University, a subsidiary of Hemp, Inc., hosted its largest sold-out hemp workshop, “The Pre-Harvest Symposium”, to date.

Corporate sponsors of The Pre-Harvest Symposium on Sunday, Sept. 8, 2019, included The Caputo Group, which works with brewing and hemp industries, and Oath Insurance Group, an insurance group for hemp and cannabis. Additionally, Green Leaf Lab, whose main focus is compliance testing, and Johnson Controls, an international company in technology solutions, were among the event’s corporate sponsors.

“It is incredible to see each Hemp University workshop in Oregon get better and bigger than the last,” said Hemp, Inc. CEO Bruce Perlowin. “The demand and interest in hemp is real, and this is demonstrated through our new corporate sponsors and the sold-out event. As the industry grows and more people in Southern Oregon gain interest in the crop, I am excited to continue hosting these types of workshops to continue moving the industry forward and helping farmers, investors, and entrepreneurs along the way.”

At the Pre-Harvest workshop, the Hemp University launched the idea of creating a regional identity for Southern Oregon, which is for the area to become known as the “Napa Valley of Hemp”. Hemp, Inc. has dedicated time to studying the Napa Valley and researching what the area has done in the past and hope that by doing so, they can create a true regional identity for Southern Oregon.

Key issues discussed at the workshop included harvesting, processing, and profit channels. Panels included discussions on ethics, profits and sustainability, and regional identity, specifically tailored for Southern Oregon-grown hemp. At the workshop, there was an Entrepreneur's Market that showcased various products and services that align with a prosperous harvest season.

The last Hemp University in Oregon of the year will be on Saturday, November 30, 2019, and will be in partnership with Southern Oregon Hemp Co-Op. The all-day event will host a workshop during the day to educate farmers on how to be profitable. In the evening, there will be an awards gala that will feature the Golden Grow Awards initiative, which will help facilitate the regional identity initiative.

“We always need ways for our community to continue to build synergies and ways to empower the people at the frontlines of this industry. Southern Oregon Hemp Co-Op is an incredible partner for the next Hemp University because they are true advocates for farmers and can help create an environment with standards in place to support these farmers’ prosperity,” added Perlowin.

To listen to past Hemp University workshops, please visit hemp-university.teachable.com.

SinglePoint (OTC: SING) updated shareholders on the success of Jacksam Corp. (OTC: JKSM). As a lead investor in Jacksam before the company went public SinglePoint was able to secure sizeable interest in the company. Jacksam has now gone public and the value of the company has increased significantly and both parties foresee a very bright future ahead.

“To date, Jacksam has been a tremendous investment for SinglePoint. This is exactly what we look for when investing or acquiring businesses. The company was successful in its original vision and has increased the opportunity for major scalability by opening up the platform. They are now able to work with some of the biggest companies in the space such a CCELL. We are excited to be a part of this high growth company and believe it will only continue its exponential growth.” – Wil Ralston SinglePoint President

Recent Press Release 8/15/2019
Commenting on the news, Jacksam/Convectium CEO Mark Adams stated: "Up until now companies using CCell cartridges couldn’t access our state-of-the-art automation equipment which delivers up to 287% more efficiency and 80% labor savings. Our new 'open system' approach catapults our market potential to another level by enabling large-scale CBD or THC concentrate companies to increase output, reduce risks, costs and waste, and beat the competition. These unique machines enable concentrate companies to automate the 'fill and cap bottleneck' and cement Convectium’s position as the only true scalable system in the business.”


Podcast sponsor
Today’s podcast was sponsored by CBDollars. CBDollars is the first group of its kind designed to turn everyday people into entrepreneurs of one the largest, most profitable industries that will ever happen in this country. CBDollars will teach its members how to invest in the cannabis industry through stocks, ETFs, and as Angel Investors; start a wholesale store for a brick and mortar business; start an online store as a dropshipper;  private label your own products from edibles to beauty & More. Join CBDOLLARS to lean more. Follow us on Facebook

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:


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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. Today’s podcast was sponsored by CBDollars.
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Investorideas.com - New Payment Solutions Aiding the Cannabis Sector: (OTC: $GOHE) (TSX: $LSPD.TO) (CSE: $PLTH.C) (OTC: $PLNHF) (CSE: $AGRA.C) (OTC: $AGFAF)

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Tuesday 10 September 2019

Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (TSX: $RIV.TO) (OTC: $CNPOF) (TSXV: $HVT.V) (OTCQX: $HRVOF) (NASDAQ: $SNDL)


Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (TSX: $RIV.TO) (OTC: $CNPOF) (TSXV: $HVT.V) (OTCQX: $HRVOF) (NASDAQ: $SNDL)



Delta, Kelowna, BC –September 10, 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:



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

In today’s podcast we look at a few early announcements.

But first, CannabCo Pharmaceutical Corp., a Canadian company located in Brampton, Ontario, announced an agreement with an undisclosed technology provider to deploy an advanced cannabis technology for the production of near odourless cannabis. This is an industry first and a product the company claims is sorely needed in the marketplace.  Upon receiving its license from Health Canada, CannabCo will have exclusive rights to deploy the technology for use in its Canadian production.
Originally developed for the medical market and dubbed "PURECANN", the technology was designed to eliminate much of the harshness of smoking cannabis by consumers without losing any of its properties.  "Cannabis by its nature when burnt, typically causes coughing and is very heavy when inhaled, which is especially true for new users." Commented Mark Novak, Cannabco's COO.  "The technology when deployed eliminates much of the harshness of smoking cannabis in its dry form allowing the process of using cannabis far more tolerable while retaining the essential properties".
The technology also virtually eliminates odour typically associated with cannabis, both when packaged and stored prior to use, also during the time it is smoked.  "When we saw the technology in action and the end result, we realized there were a number of potential markets associated with the use of PURECANN", said President and CEO Mark Pellicane, "There are no third-party gadgets, or devices on the part of the user, the end result is pure cannabis that doesn't smell".
Fully compliant with GMP standards, the company intends to utilize the technology for production of products distributed to the medical and recreational markets.  "Imagine someone going outside for a break during the day, having their afternoon cannabis and coming back without any odour attached to their clothing or coat." commented Pellicane.  "A woman can carry cannabis in her purse without having the odour concentrated or leaking out in her handbag.  A number of users, and people that are around cannabis smokers, complain about the smell especially in enclosed areas, condos, and apartments, and this technology addresses those concerns."
"Over the last two years we've observed product being processed with the system and we were given the opportunity to provide feedback and suggestions for the refinement of the process. We have been incredibly pleased with the results" said Novak.  "In using this technology CannabCo will be able to produce a wide variety of products currently not in the marketplace, addressing a key market segment that currently does not exist."
The tech company has the following claims associated with implementing PURECANN:
     Virtually undetectable odour of dry product during storage
     Greatly reduced cannabis odor (virtually undetectable) during combustion
     Reduces harshness resulting in a very smooth smoke on combustion
     May be used to produce a "connoisseur" product for a unique market segment
     Less residual heavy feeling "day after effect" associated with smoking cannabis
CannabCo is currently raising capital, constructing its pilot facility in Brampton, Ontario, and has received a Confirmation of Readiness notification from Health Canada for their pending cannabis license.  Cannabco intends to implement the PURECANN technology upon completion of licensing by Health and intends to produce a number of product lines addressing key segments in the medical and recreational markets.
Cannabco also recently announced the intention to deploy PHOENIX technology for its indoor grow operations reducing cannabis production costs to under $.50 per gram.  "We intend to allocate a portion of product cultivated with PHOENIX for the manufacture of specialty products using PURECANN", confirmed Novak.
The company has not yet decided if it will apply the technology in the form of third party services for processing cannabis supplied from other Canadian producers however when asked, Pellicane commented "It's a new technology and works hand in hand with PHOENIX, so there is a significant advantage applying it to a portion of our cultivated product, however we have not ruled out processing for other LP's and nothing is currently off the table."  Cannabco currently maintains exclusive rights to deploy the technology for its Canadian cultivation and manufacturing operations.


Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF), announced that its portfolio company Herbert Works Ltd. has received its research and development (R&D) licence from Health Canada to develop branded cannabis-infused beverages.

"This announcement represents a significant milestone for Herbert Works as the company continues to move quickly toward the development of exceptional and widely appealing THC-infused beverages," said Narbe Alexandrian, President and CEO of Canopy Rivers. "It's a timely achievement, as the next wave of cannabis legalization in Canada will unlock these new product offerings in a matter of months. We believe that Herbert Works is in a prime position to capitalize on the growth opportunities that 'Cannabis 2.0' presents for consumers that are eager to try cannabis in different formats."

Herbert Works' mission is to combine advanced technology with its knowledge and appreciation of the experience-enhancing properties of cannabis to create products specifically designed around consumers' many lifestyle needs. Canopy Rivers currently holds 23% of the equity of Herbert Works on a fully diluted basis (excluding a control warrant). For more information regarding Canopy Rivers' investment in Herbert Works, please refer to the Company's annual information form dated July 15, 2019 filed with the Canadian securities regulators and available on the Company's profile on SEDAR at www.sedar.com.

Harvest One Cannabis Inc. (TSXV: HVT) (OTCQX: HRVOF), through its wholly-owned subsidiary United Greeneries Ltd. announced that, on September 6, 2019, it obtained an amendment to its licence from Health Canada which will allow for the sale of cannabis oil products.

Receiving a cannabis oil sales licence from Health Canada is a significant milestone for Harvest One as we prepare formulations for the next wave of cannabis products in Canada. New product development is currently at an advanced stage through licensed third-party partners and we will be launching a variety of vape and infused products when regulations come into effect later this year. The licence also enables the Company to commence initial sales of cannabis oil products to provincial and private retailers in British Columbia, Ontario, Saskatchewan and Manitoba.

"Securing our cannabis oil licence from Health Canada is another key step in the evolution of Harvest One as we get ready for the next stage of legalization" said Grant Froese, Chief Executive Officer of Harvest One. "We are looking forward to launching infused products across all of our brands including Royal High, Satipharm, Dream Water and LivRelief™."

The Company's existing Health Canada approved non-cannabis based products such as Dream Water and LivRelief™ provide a unique differentiator for Harvest One. Those existing products position the Company well to be an early entrant into the derivatives market in Canada. When legal, Harvest One will release new THC- and CBD-infused versions of these brands, which products have already been developed by our formulation team.

Sundial Growers Inc. (NASDAQ: SNDL) announced it has added British Columbia (BC) to the growing list of provinces it supplies high-quality cannabis to.

"As Sundial is expanding quickly, making our products available in BC, where there is a strong and enthusiastic cannabis culture, is exciting, " said  Andrew Stordeur, President of Sundial's Canadian operations. "BC is eager to receive safe, reliable and consistent products, and we are pleased to be able to provide our Sundial products to meet consumer needs."

Earlier this year, Sundial and the British Columbia Liquor Distribution Branch (LDB) signed an agreement enabling Sundial to sell its cannabis products in BC. Consumers are now able to purchase Sundial products through LDB's online store or through traditional legally operating retail stores. The LDB is the sole wholesale distributor and retailer of non-medical cannabis in BC.

Sundial's initial entry into the BC market will be with its Sundial brand. This brand offers five product lines: Calm, Ease, Flow, Lift and Spark. Each product line is carefully crafted using small batches and nurtured by master growers to create a consistently high-quality cannabis that evokes a positive consumer experience.

Under Sundial's Calm product line, Zen Berry, an indica-dominant Shishkaberry strain will be the first Sundial product available to BC consumers. More products are expected to arrive this fall from the company's Lift product line, such as Lemon Riot and Citrus Punch.

Sundial is also the proud owner of premium cannabis brands, Top Leaf and BC Weed Co.,  and hopes to make these products available to the BC market in the future. These brands are recognized throughout the industry and supported by award-winning cultivars and loyal consumers.

Sundial's products are currently available in Alberta, Saskatchewan, Manitoba and Ontario.

Potcast Sponsor
Today’s podcast was sponsored by CBDollars. CBDollars is the first group of its kind designed to turn everyday people into entrepreneurs of one the largest, most profitable industries that will ever happen in this country. CBDollars will teach its members how to invest in the cannabis industry through stocks, ETFs, and as Angel Investors; start a wholesale store for a brick and mortar business; start an online store as a dropshipper;  private label your own products from edibles to beauty & More. Join CBDOLLARS to lean more. Follow us on Facebook
                                                                                



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:


To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
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. Today’s podcast was sponsored by CBDollars.
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






Get more Cannabis Stock Investor Ideas – news, articles, podcasts and stock directories

#Cannabis Companies Winning in Las Vegas - Industry Growth In #Nevada (OTC: $GOHE) (CSE: $PLTH.C) (OTCQX: $PLNHF) (CSE: $GGB.C) (OTC: $GGBXF) (CSE: $GTII.C) (OTC: $GTBIF)


#Cannabis Companies Winning in Las Vegas - Industry Growth In #Nevada (OTC: $GOHE) (CSE: $PLTH.C) (OTCQX: $PLNHF) (CSE: $GGB.C) (OTC: $GGBXF) (CSE: $GTII.C) (OTC: $GTBIF)


Point Roberts, WA and Delta, BC - September 10, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot reporting on the Nevada cannabis market and how specifically, Las Vegas is drawing in more consumers and driving more businesses.


In recent sector news it’s been reported that Nevada’s cannabis industry has given more than $100 million in taxes and fees to the state for the first time since recreational marijuana became legal in 2017.

For the fiscal year 2019, dispensaries, cultivators, laboratories and producers have paid over $109 million, according to a September 4, 2019 release from the Nevada Dispensary Association.

NDA says that $99.18 million was paid in taxes, up nearly $25 million from 2018.

“These sales and tax figures are a milestone that should be celebrated by the people of Nevada,” said Riana Durrett of the Dispensary Association. “It shows that the public and visitors to Las Vegas from around the nation are becoming more comfortable purchasing cannabis and the industry is improving its ability to serve the public.”

Las Vegas is also now home to one of the preeminent cannabis conferences, MJBizCon, which is one of the largest gatherings of cannabis business professionals. Ranked as the fastest-growing trade show in the United States, it has grown to over 27,000 attendees since it started in 2012, with an expected 35,000 attendees for the upcoming show taking place December 11-13, 2019 at the Las Vegas Convention Center in Las Vegas.

Global Payout Inc. (OTC: GOHE) and its wholly owned subsidiary MTrac Tech Corporation announced that the Company has expanded its Las Vegas operations office by acquiring office space directly adjacent to the office MTrac has utilized as the hub for its operational team for more than a year.

The significant growth surge the Company has experienced this year onboarding and servicing some of the largest retail and delivery service companies in the cannabis industry has led the Company to strategically add talented new members to its operations support team at a steady, yet effective rate over the last several months. As a result, the Company was thrilled to take advantage of an opportunity that became available to them to acquire additional office space in the adjoining unit to their current office.

“Growth is always an exciting thing to experience as a company,” said Global Payout COO, David Flores. “The core of our team has been intact since we first began our mission of cornering the payment processing sector in the cannabis industry over a year ago, and they have done a phenomenal job managing and contributing to this impressive influx of business. However, as we continue to expand, and as the overall demand for our solution continues to push towards new heights, it is critical that our team is able to successfully meet the needs and demands of a growing client base to ensure that our pledge for exceptional service is never compromised. This expansion provides us with much-needed flexibility to sensibly and efficiently add key members to our operational support staff who are vital in managing the day-to-day responsibilities involved with running our business effectively.”

“The location of the MTrac office is strategic for our headquarters, only a few miles from the airport, adjacent to the Las Vegas strip and in a prime real estate location near the new stadium. Recent renovations were done to the building and MTrac will have a live demo area where clients can come experience the ease of the system in the coming months.”

Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF), a leading vertically-integrated Nevada cannabis company, recently announced that it served an average of 2,027 customers per day in August at an average ticket of $90.25 from the Planet 13 Las Vegas Cannabis Entertainment Complex.

“The highly competitive Las Vegas market ‘The SuperStore’ continues to dominate based on the strength of the customer experience and the unique entertainment it offers," said Bob Groesbeck, Co-CEO of Planet 13. "Over the rest of the year we will continue to rollout new and exciting restaurants, stores and attractions allowing customers to eat, shop, and play all under one cannabis inspired roof."

The company also recently reported second-quarter revenues of $16.5 million, up by 275% year-over-year.

Green Growth Brands Inc. (CSE: GGB) (OTC: GGBXF) recently announced the closing of its acquisition of Henderson Organic Remedies, LLC (The+Source Henderson), which was previously disclosed on December 14, 2018. The+Source Henderson is the second The+Source dispensary operated by GGB in greater Las Vegas. The productivity of The+Source Henderson is similar to that of The+Source Las Vegas.

"The+Source Henderson has been under our management for the last nine months," said Peter Horvath, CEO of Green Growth Brands. "In that time, we have grown revenue, transactions and gross margin by double digits. Our ability to significantly improve top performing dispensaries, in a market that has seen a significant uptick in competition, is a testament to our expertise in retail operations."

The formal acquisition of the company brings GGB's Las Vegas assets to two The+Source locations, one production facility, two cultivation facilities and seven licenses to operate dispensaries awarded by the Nevada Department of Taxation.

Green Thumb Industries Inc. (CSE:GTII) (OTC: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ and Essence retail stores, recently reported its financial results for the second quarter ended June 30, 2019.

Second quarter 2019 revenue increased 228% year-over-year to $44.7 million while quarter-over-quarter revenue increased 60%, a record sequential growth for GTI. Revenue growth was driven by organic growth across the Company’s consumer products and retail businesses, strategic acquisitions and increased store traffic.

“We are pleased to report another solid quarter of positive yet disciplined momentum with record revenue and positive adjusted operating EBITDA as our strategic plan delivers on operating efficiencies from scale. Continued execution of key priorities such as the closing of Integral Associates, accelerated store openings, and expanded distribution of our brand portfolio sets us up well for the future,” said GTI Founder and Chief Executive Officer, Ben Kovler.

“We are deep in the chapter of maximizing the levers in our business to drive long-term operational performance that delivers value for our shareholders and the communities in which we operate,” Kovler continued. “We are focused on optimizing our wholesale and retail businesses, integrating our acquisitions, and further strengthening compliance across the organization. We are pleased to see many of these efforts are already bearing fruit as we head into the second half of 2019 and I want to thank our team for all of their hard work.”

On June 5th, GTI successfully completed the acquisition of Integral Associates LLC, with integration efforts and synergies progressing on schedule. The acquisition added two cultivation and processing facilities in Las Vegas, supporting expanded wholesale distribution of GTI’s branded products portfolio in Nevada.

Following the closing of the acquisition of Integral Associates on June 5th, the company’s co-founders Armen and Alex Yemenidijian joined GTI as President and Director, respectively. Armen was the co-founder and CEO of Integral Associates, Nevada’s leading operator and was previously the Chairman of the Board and Chief Executive Officer of Tropicana Las Vegas Hotel & Casino, Inc. and Chairman of the Board and Chief Executive Officer of Metro-Goldwyn-Mayer Inc.

Las Vegas has been well known for its tourism industry and as a greater number of tourists and locals begin to feel more comfortable with the legal cannabis market, and as the market evolves and becomes more efficient, the city and state are creating a huge draw for the cannabis sector. Whether it’s already established MSO’s or celebrity endorsed businesses such as Mike Tyson’s Ranch, Vegas is now starting to bear the fruits of a maturing cannabis industry and many are taking note, just waiting to take a bite. 

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

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