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Friday 14 February 2020
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; (TSX: $WEED.TO) (NYSE: $CGC) (TSX: $RIV.TO) (CSE: $AGRA.C) (TSXV: $ENW.V)
Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move; (TSX: $WEED.TO) (NYSE:
$CGC) (TSX: $RIV.TO) (CSE: $AGRA.C) (TSXV: $ENW.V)
Delta, Kelowna, BC, February 14, 2020 (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 podcast
edition of 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/2020/cannabis-potcasts/02141WEED-CGC-RIV-AGRA-ENW.asp
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, an
upcoming event in Toronto, "Dope Cocktails" is
Toronto's first public event of its kind and will be held at The Jam Factory on
Thursday, February the 20th from 5pm to 10pm.
This
groundbreaking event gives guests the opportunity to sip and sample
non-alcoholic THC and CBD cannabis-infused cocktails. Dope Cocktails is an upscale-adult evening
for people who want to relax and enjoy delicious handcrafted non-alcoholic,
cannabis-infused cocktails.
Cocktails:
THC cocktails: Diesel
Sour, Cookies and Cream, Pineapple
Express,
Canna-colada, Pink Panther Margarita, Couch Lock Collins
CBD cocktails: 416er
Elixir, The Calm after the Storm, CBD Mojito
For
the THC "canna-seurs" at the event, additional mgs/THC drops will be
available, however, for the moderate and less experienced members of the
cannabis community, we recommend that they enjoy our cocktails as they were
professionally created for this event.
Admission:
$135
plus taxes and fees
The
event's one price, all-inclusive ticket includes admission to the event, DJ,
art installations and 2 food items. Nine
handcrafted dope cocktails will be gifted to each guest.
As well, the Cannabis Drinks Expo is slated
for multiple locations this year with the Beverage
Trade Network bringing the expo to San Francisco on July 30th and
Chicago on August 3rd.
Historically
drawing hundreds of cannabis industry leaders, the event’s stated theme,
“Growing Your Cannabis Drinks Business,” is geared to prime attendees with
critical information on a variety of important topics. Conference-goers will
enjoy opportunities to interact with experts from all levels of the cannabis
beverage ecosystem, including distributors and retailers, political and legal
analysts, medical researchers, and marketing and branding experts.
The Bay City
location is symbolic of the industry’s charted direction. Longtime host city of
events for the global wine and spirits industry, beverage industry enthusiasts
have met to discuss its growth for many years; now, that growth path includes
cannabis beverages.
“Choosing San
Francisco as the host city for our first event this year made a lot of sense,”
noted Beverage Trade Network CEO and founder Sid Patel. “California has now
emerged as an influential voice determining the future growth of the cannabis
drinks industry.”
The one-day B2B
expo and conference will partially focus on the emerging relationship between
California’s wine industry and its freshly legalized recreational cannabis
industry. Wine and cannabis industry experts will lead discussions on a myriad
of topics, including the current regulatory and policy landscape for cannabis
drinks, licensing requirements, and marketing opportunities within the
hospitality and tourism sectors. Once viewed as a competitive threat, the
cannabis beverage industry is recently being embraced by winemakers and grape
growers to foster mutually beneficial collaboration, and the 2020 Cannabis
Drinks Expo celebrates that evolving relationship.
For industry
enthusiasts located closer to the Midwest, the summer’s second Cannabis Drinks
Expo will be held at the Midwest Conference Centre in Northlake,
Illinois—approximately 30 minutes from Chicago. The event will consist of both
a business conference and a trade show floor for exhibitors and presents
attendees with an opportunity to meet new partners with expertise in growing,
manufacturing, distribution, packaging and branding. The expo’s tradeshow floor
format allows for maximum interaction between participants and trade partners.
With potential
exhibitors in a variety of verticals, such as medical marijuana production,
cannabis production, wineries, breweries, distilleries, pharma companies,
marijuana-infused products, edibles providers and more, the exhibition is set
to provide a well-rounded view of the cannabis beverage industry’s future
alongside other established sectors.
Experts will offer
sessions on a variety of industry-specific topics, including the following:
●
Up-and-coming innovations
●
Insights and innovations regarding the
current legal and regulatory environment
●
Emerging business models
●
New routes to market and distribution
channels
Canopy
Growth Corporation (TSX:
WEED) (NYSE:
CGC)
today
announced its financial results for the third quarter ended
December 31, 2019.
Some of the Third
Quarter Fiscal 2020 Corporate Financial Highlights included:
● Revenues: Reported Net
Revenues increased 62% over Q2 2020, or 13% excluding the impact of portfolio
restructuring charges. Gross Recreational B2B revenue increased 8% over prior
quarter due, in part, to over 140 stores becoming active in the quarter and
higher sales of premium dried flower and pre-roll joints. Our acquired
businesses including Storz & Bickel and This Works also performed well,
contributing to organic growth this quarter.
● Gross margin: Gross margin
before fair value impacts was 34%. Gross margin performance in quarter
benefited from lower period costs due to higher facility utilization
● Operating expenses: Total
operating expenses decreased 14% versus Q2 2020 primarily due to a $20 million
reduction in G&A expenses and over $31 million lower stock-based
compensation versus the prior quarter
● Adjusted EBITDA: Adjusted EBITDA
loss of $92 million, a $64 million narrower loss versus Q2 2020 driven by
higher sales, improved gross margins and lower operating expenses
● Cash Position: Gross cash
balance was $2.3 billion, down from $2.7 billion in Q2 2020, reflecting the
EBITDA loss, capital investments and M&A
"In Q3 we
executed across Canada, in our international markets and in our strategic
acquisitions to drive revenue growth," said David Klein, CEO. "We have
a lot of work to do. We are eager to
capitalize on the opportunity to create an unassailable position through a
tight focus on the consumer and on critical markets."
"We delivered
significant gross improvement in the third quarter driven by stronger revenues
and higher capacity utilization. Actions taken earlier this year are expected
to meaningfully reduce stock-based compensation in FY21, and we have started to
implement tighter cost controls across the organization," said Mike Lee,
EVP & CFO. "We plan to take further steps to reduce our costs and
right-size our business to ensure that we can generate a healthy margin profile
and cash generation in the coming years."
Canopy
Rivers Inc. (TSX:
RIV)
(OTC:
CNPOF), a venture capital firm specializing in cannabis, today
released its financial results for the three and nine months
ended December 31, 2019. The Company's unaudited condensed interim consolidated
financial statements for Q3 2020, and its management's discussion and analysis
for Q3 2020, are available under the Company's profile on the System for
Electronic Document Analysis and Retrieval at www.sedar.com and on the
Company's website at www.canopyrivers.com/investors/financials-and-public-filings.
All financial
information in this press release is reported in Canadian dollars, unless
otherwise indicated.
"In the third quarter, we
continued pursuing our goal to become the leading venture capital firm building
the cannabis industry of tomorrow," said Narbé Alexandrian, President
& CEO, Canopy Rivers. "We focused primarily on follow-on investments
in our existing portfolio of innovative companies, further developing the
Canopy Rivers ecosystem through collaborative partnerships, and evaluating
where we think the next wave of disruption will come from as the global
cannabis market continues to evolve and mature. Our aim is to build on this
momentum as we look to have a successful 2020."
"It was a challenging end to
2019 for the valuations of publicly-traded cannabis companies, which naturally
impacted our results for the quarter," said Eddie Lucarelli, CFO, Canopy
Rivers. "However, we continue to believe that these headwinds for the
cannabis sector are temporary, and that the strength of our balance sheet
positions us well to weather the storm. A strong pipeline of global investment
opportunities, positive trends in supply chain and retail developments in
Canada, and impending milestones at our portfolio companies truly excite us for
what's to come in 2020."
AgraFlora
Organics International Inc. (CSE:
AGRA) (OTC:
AGFAF), a growth oriented and diversified international
cannabis company, announced that
the Company has taken steps to accelerate the market growth of Whole Hemp
Health, a proprietary line of hemp-derived cosmetic products
developed/owned/manufactured by Canutra Naturals Ltd., a wholly owned
subsidiary of AgraFlora. The Company,
via Canutra, has engaged Gatekeeper Growth Partners, an elite
performance-marketing firm, to assist Canutra in driving the growth of its
Whole Hemp Health products on online marketplaces such as Amazon.
Pursuant to a
definitive agreement entered into between Canutra and Gatekeeper, Gatekeeper
will deploy a proven arsenal of digital marketing tools to acquire new
customers for Whole Hemp Health with the primary goal of accelerating growth
through online and direct-to-consumer channels. This includes supporting the
current Whole Hemp Health sales force with a proprietary suite of marketing
technologies, including data-driven advertising campaigns that have a proven
track record of driving conversions and sales for wellness products. In particular, the Company will leverage
Gatekeeper’s strong knowledge of and history of success on the Amazon platform,
as well as other ecommerce marketplaces.
"We are
pleased that we conform with Gatekeeper’s strict product criteria and to be
selected as a partner to their proven sales model, which de-risks our online
advertising strategy," stated Canutra CEO Tony Harris. "Gatekeeper
only selects a few clients per year to partner with, and it is a testament to
the quality and market potential of our products that they have chosen to work
with Whole Hemp Health."
EnWave
Corporation (TSX-V:ENW) (OTC:
NWVCF) announced
today that it has agreed to modify its Equipment Purchase
Agreement with Medican Organic Inc., a subsidiary of The Green Organic Dutchman Holdings Ltd. (TSX:TGOD)(OTC:TGODF), that
was previously announced on March 26, 2019. Under the terms of the original
Purchase Agreement, TGOD purchased three 120kW Radiant Energy Vacuum
("REV™" ) machines equipped with Optional Support Equipment and
Robotic Arms for installation at its Valleyfield, Quebec facility.
At the request of
TGOD, due to its revised processing requirements and a phasing of the
Valleyfield facility buildout, the capacity of REV™ machinery to be delivered
to TGOD has been reduced to a single 120kW REV™ machine with an Optional Support
Equipment and Robotic Arm system. TGOD has already taken possession of a 60kW
REV™ machine for processing at its Ancaster, Ontario facility, which is slated
for commissioning in the coming months.
TGOD has fully paid
EnWave for the first 120kW REV™ machine and partially paid for the two REV™
systems that will no longer be delivered following the modification to the
Purchase Agreement. The cash collected by EnWave related to the two REV™
systems that will not be taken by TGOD fully covers all the costs incurred by
the Company related to fabrication, including an acceptable margin. The Company
did not incur any losses as a result of the Purchase Agreement modification.
Pursuant to the
Purchase Agreement modification, EnWave now owns the two partially fabricated
120kW REV™ systems and will seek to redeploy the systems in alternative
projects within cannabis or food verticals.
The royalty-bearing
commercial license agreement between EnWave and TGOD remains in good standing,
and TGOD plans to leverage the operational benefits made possible through REV™
for the high-precision, controlled, rapid dehydration of cannabis. The Company
anticipates receiving the first royalties from TGOD in fiscal year 2020.
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
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our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
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news alerts, articles, podcasts and
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renewable energy and more. Investor Idea’s original branded content includes
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by Play sports and stock news column, Investor Ideas Potcasts
Cannabis News and Stocks on the Move podcast and column, Cleantech
and Climate Change , Exploring
Mining the AI
Eye .
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Original content created by investorideas is protected by copyright laws other
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or sale of stocks, services or products. Nothing on our sites should be
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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.
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New #Stocks added to Investor Ideas – (NASDAQ: $BIMI)(NASDAQ: $GNPX) (NYSE: $AES) (CSE: $SIXW.C) (CSE: $RAYN.C) (Nasdaq: $DOYU)
New #Stocks added to Investor Ideas – (NASDAQ: $BIMI)(NASDAQ: $GNPX) (NYSE: $AES) (CSE: $SIXW.C) (CSE: $RAYN.C) (Nasdaq: $DOYU)
Biotech, Tech, Cleantech, Cannabis, Mining, Beverage, Nanotech and eSports
Point Roberts WA, Delta BC, February 14, 2020 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces its weekly roundup of stocks added to its global stock directories in biotech, tech, cleantech, cannabis, mining, beverage, nanotech and eSports.
New biotech companies offer consumer-direct health products, genetic medicines and gene therapy.
The latest tech company is involved in printed and flexible electronics and crosses over into cleantech with a recent solar collaboration. The other cleantech company is involved in geothermal energy.
The newest cannabis company offers CBD-based products, while the newest mining company operates in the US and Canada.
Finally, the latest beverage company is a specialty beverage and bottling business, the newest eSport company is a China-based firm and the newest nanotech company crosses over into cannabis with a focus on extraction and detection of target substances at the molecular level.
New Biotech Companies:
BOQI International Medical Inc. (NASDAQ: BIMI) -formerly NF Energy Saving Corporation- was founded in 2006. In February 2019, the Board of Directors of the company was reorganized following efforts led by Mr. Yongquan Bi, the company's new Chairman, with a renewed focus on the health industry. The company is now transforming from a provider of integrated energy conservation solutions utilizing energy-saving equipment, technical services and energy management re-engineering project operations to a medical and health service provider. The Company has approximately 300 retail locations and a pharmacy benefits system with more than 30,000 members. The pharmacies owned by BOQI International Medical Inc. typically sell about 6,000 types of drugs, of which more than 600 are under exclusive sales arrangements. BOQI International Medical Inc. offers a broad range of consumer-directed health products and related services, including medical, pharmacy and behavioral health plans, chronic disease management services, and health information technology products and services. BOQI International Medical Inc. is community-based and locally focused, engaging consumers with more affordable, accessible, simple and seamless care they need when and where they need it.
Beam Therapeutics (NASDAQGS: BEAM) is developing precision genetic medicines through base editing. Founded by leading scientists in CRISPR gene editing, Beam Therapeutics is pursuing therapies for serious diseases using its proprietary base editing technology, which can make precise edits to single base pairs in DNA and RNA. Beam Therapeutics is headquartered in Cambridge, Massachusetts.
Genprex, Inc. (NASDAQ: GNPX) is a clinical-stage gene therapy company developing potentially life-changing technologies for patients with cancer and other serious diseases. Genprex's technologies are designed to administer disease-fighting genes to provide new treatment options for large patient populations with cancer and other serious diseases who currently have limited treatment options. Genprex works with world-class institutions and collaborators to in-license and develop drug candidates to further its pipeline of gene therapies in order to provide novel treatment approaches for patients with cancer and other serious diseases. The company's lead product candidate, Oncoprex™ immunogene therapy for non-small cell lung cancer (NSCLC), uses the company's unique, proprietary platform which delivers cancer-fighting genes by encapsulating them into nanoscale hollow spheres called nanovesicles, which are then administered intravenously and taken up by tumor cells where they express proteins that are missing or found in low quantities. In January 2020, the FDA granted Fast Track Designation for Oncoprex in combination with AstraZeneca's Tagrisso® for the treatment of NSCLC.
New Technology Companies:
Ynvisible Interactive Inc. (TSXV: YNV) (OTCQB: YNVYF) (FRA: 1XNA) is a leading company in the emerging printed and flexible electronics sector. Given the cost and power-consumption advantages over conventional electronics, printed electronics are a key enabler of mass adoption of the Internet of Things ("IoT") and smart objects. Ynvisible has experience, know-how and intellectual property in the field of electrochromic materials, inks, and systems. Ynvisible's interactive printed graphics solutions solve the need for ultra-low power, mass deployable, & easy-to-use electronic displays and indicators for everyday smart objects, IoT devices, and ambient intelligence (intelligent surfaces). Ynvisible offers a mix of services, materials and technology to brand owners developing smart objects and IoT products. Ynvisible Production AB, a fully-owned subsidiary of Ynvisible Interactive Inc, is a contract manufacturer of printed electronics and hybrid systems and is located in Linkoping, Sweden. GREEN: Partners with Ligna Energy's batteries are printed from residual material from the forest. The first industrial production run was carried out at Ynvisible Production in Linkoping, Sweden.
New Cleantech Companies:
The AES Corporation (NYSE: AES) is a Fortune 500 global power company. We provide affordable, sustainable energy to 14 countries through our diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Our workforce is committed to operational excellence and meeting the world’s changing power needs. Our 2018 revenues were $11 billion and we own and manage $33 billion in total assets.
New Cannabis Companies:
Sun Kissed Industries Inc. (OTC Pink: SKDI) is an emerging leader in the CBD-based products marketplace. The Company is pursuing meaningful acquisitions as part of an aggressive M&A strategy designed to position Sun Kissed as a dominant player in a well-defined, high-growth niche within the rapidly expanding CBD sector.
New Mining Companies:
Raindrop Ventures Inc. (CSE:RAYN) is a company involved in the business of acquiring and exploring mineral properties in Canada and the United States. Raindrop has been primarily involved in the exploration and evaluation of the Silver Star Property, located Southeast of Houston, British Columbia. Raindrop acquired an option in the Silver Star Property pursuant to the Option Agreement in June 2018. In September 2018, Raindrop acquired the Clover Mountain Property, located in Idaho, USA. Raindrop is headquartered in Vancouver, British Columbia.
New Beverage Companies:
Greene Concepts Inc. (OTC Pink: INKW) is a publicly traded company. Through its recently acquired wholly owned subsidiary, Mammoth Ventures Inc., the Company has entered into the specialty beverage and bottling business and is an emerging leader in the global scientifically formulated beverage industry.
New Nanotech Companies:
Sixth Wave Innovations Inc. (CSE:SIXW) is a nanotechnology company focused on extraction and detection of target substances at the molecular level. The company's products provide significant advantages in cost and performance. These advantages are derived from application of the company's patented technologies in the highly specialized field of molecularly imprinted polymers (MIPs). Sixth Wave is commercializing IXOS®, a line of extraction polymers for the gold mining industry and Affinity™ for the Cannabis Industry.
New eSport Companies:
DouYu International Holdings Limited (Nasdaq:GS DOYU) is a leading game-centric live streaming platform in China and a pioneer in the eSports value chain. DouYu operates its platform on both PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming. DouYu’s platform brings together a deep pool of top live streamers. By providing a sustainable streamer development system built on advanced technology infrastructure and capabilities, DouYu helps ensure a consistent supply of quality content. Through collaborations with a variety of participants across the eSports value chain, the Company has gained coveted access to a wide variety of premium eSports content, which further attracts viewers and enhances user experience.
The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases, research and our own original financial content. We were one of the first retail investor sites to cover renewable energy and cleantech stocks at investorideas.com and our domain Renewableenergystocks.com. We were also one of the most well- known and cited defense stock sites, featuring our domain Homelanddefensestocks.com at its peak.
We follow the money for investors as sector sentiment shifts and technology disrupts. Our mission is to provide investor ideas with breaking news, resources, industry articles and interviews with leading experts.
Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto Corner, 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, Exploring Mining and the AI Eye.
Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.
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.
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Thursday 13 February 2020
Investorideas.com - Cannabis Stock News Bites: Neptune (NASDAQ: $NEPT) (TSX: $NEPT.TO) Officially Launches the Forest Remedies™ & Ocean Remedies™ Brands Receives First Purchase Order from Major U.S. National Retailer for Initial Launch of Forest Remedies™ Soothing Balms Across 100 Stores
Investorideas.com - Cannabis Stock News Bites: Neptune (NASDAQ: $NEPT) (TSX: $NEPT.TO) Officially Launches the Forest Remedies™ & Ocean Remedies™ Brands Receives First Purchase Order from Major U.S. National Retailer for Initial Launch of Forest Remedies™ Soothing Balms Across 100 Stores
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; (CSE: $BHNG.C) (TSXV: $NDVA.V) (TSXV: $LIFT.V) (TSXV: $TBP.V) (TSXV: $FLWR.V)
Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move; (CSE: $BHNG.C) (TSXV: $NDVA.V) (TSXV: $LIFT.V) (TSXV: $TBP.V) (TSXV: $FLWR.V)
Delta, Kelowna, BC, February 13, 2020 (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 podcast edition of 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/2020/cannabis-potcasts/02131BHNG-NDVA-LIFT-TBP-FLWR.asp
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.
Bhang
Inc. (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand
company with an extensive, award-winning portfolio of products, announced that its cannabis-infused milk and
dark chocolates are now available for sale in Canada through its joint venture
with Indiva Limited (TSXV:NDVA) (OTCQX:NDVAF).
Bhang’s chocolate
can be purchased in Ontario, Alberta and Saskatchewan and will soon be
available in Manitoba and Nova Scotia.
As previously
announced in April 2018, Indiva and Bhang have a 50/50 joint venture to produce
and distribute Bhang Chocolate. Through the joint venture, Indiva creates Bhang
Chocolate in its state-of-the-art facility based in London, Ontario. Each
chocolate contains 10 mg of tetrahydrocannabinol (THC) and comes from
sustainably sourced cacao. Chocolates are scored into four pieces, so they are
perfect for sharing. Looking ahead, Bhang and Indiva intend to bring
cannabidiol (CBD) chocolates to Canadian consumers later in the year.
“We’re fortunate to
have established partners like Indiva to help us provide Canadian consumers
with the highest quality of edibles available in the recently launched Cannabis
2.0 market,” said Bhang President & CEO Jamie Pearson. “Deloitte analysts estimate that the
Canadian market for edibles, extracts and topicals could be worth C$2.7 billion
annually, with cannabis edibles accounting for C$1.6 billion alone. We see
significant opportunity in the Canadian market and are proud to bring our
exceptional chocolate to our friends up north.”
In addition to its
Canada joint-venture, Bhang’s multi-state cannabis platform includes licensees
in Florida, Nevada, Michigan, New Mexico, Illinois and Ohio. The Company’s
hemp-derived CBD products are available throughout the U.S. in brick &
mortar stores and online as well as in Puerto Rico, Germany, Austria,
Switzerland, Poland, and the U.K.
In the decade since
Bhang was founded, the company has received dozens of top honors for its edible
cannabis and cannabidiol-based products. Most recently, Bhang won the Best Cannabis-Infused Chocolate Award at
WeedCon West 2019 as well as Best
Cannabis Chocolate in New Mexico from Dank Magazine. Other top edible
honors included numerous High Times Cannabis
Cup Best of Awards, and acknowledgments from a diverse range of
competitions such as the Medical Cup, Chalice Cup, Patients Choice and the 805
Cannabud Cup, among many others.
Bhang’s brand
portfolio of 100+ cannabis, hemp-derived CBD and non-cannabis products includes
an assortment of chocolate, tinctures, pre-roll straights, gum, capsules,
gummies as well as range of organic beverages and powders spanning the
lifestyle segment through its wholly owned subsidiary Red Ace Organics.
Lift & Co. (TSXV: LIFT) (OTCQB: LFCOF) announced key updates for Cohesion, the
Company’s cannabis consumer insights platform. Starting today, Cohesion clients
can build custom, real-time dashboards using more than 100 available dimensions
to better meet the specific needs of organizations of any size. Insights can be
easily shared across teams at all levels to align businesses to a single source
of truth.
“We are
at a pivotal moment where marketing dollars for cannabis companies need to go
further than they ever have,” said Matei Olaru, CEO of Lift & Co. “Cohesion
is a timely solution in today’s market that will accurately track sales, enable
custom consumer segmentation and deploy targeted digital marketing to these
segments all in one place. Today’s major release enables organizations of all
sizes and budgets to improve their marketing efficiency, impacting both
top-line and bottom-line performance.”
Cohesion
draws from Lift & Co.’s millions of cannabis consumer and budtender data
points, accumulated over the past five years through verified reviews, purchase
receipts and brand research, and on the Lift.co and CannSell platforms. Unlike
traditional CPG and cannabis data providers, Lift & Co.’s combination of
actively and passively collected behavioural data (e.g. purchases) and attitudinal
data (e.g. product sentiment) at a single source provides a 360-degree view for
consumer insights. To gain an even deeper competitive edge, Cohesion clients
can also compare their own brand to their competitors’ along each dataset.
Lift
& Co.’s data sources inform three primary dashboards on Cohesion:
●
Purchase
behaviour:
Sales tracking, market share, basket size and composition, consumer
demographics, and more.
● Product sentiment:
Detailed product review and rating insights (volumes and analysis), repeat
purchase intent, and more.
●
Brand
equity: Overall
brand awareness including sentiment, brand value, perception, and more.
"Leveraging
data is the best way consumer brands can get a competitive advantage but, too
often, too many resources are spent sourcing, stitching together and analyzing
the data just to deliver those insights to the business,” said Sean Copeland,
VP of Data, Lift & Co. “Cohesion will make any product or marketing cycle
more efficient by enabling the gathering of key consumer insights, advertising
directly to target audiences, and tracking the success of those campaigns on
one platform. The emergence of a major new industry has created new data
intelligence opportunities and we’re delivering on that with Cohesion.”
With
today’s release of Version 2, Cohesion clients can manipulate any combination
of metrics from these three primary datasets on their own dashboards,
personalized to their strategy, to answer common questions such as:
●
How did my most recent marketing campaign
elevate brand awareness?
● How does
market share currently break down by brand, and is my brand’s market share
trending up or down?
● How
likely are consumers to purchase my product(s)? How will this affect my top
line?
●
Who is my consumer and what else do they
buy?
More than
30 Canadian cannabis brands are on the Cohesion platform since it launched in
September 2019. Following the introduction of consumer purchase receipt
uploading to Lift & Co. in 2018, and the addition of high-value rewards
like travel contests, the Company has had an accelerated increase in data
volume with a 498% increase in total submitted receipts and 326% increase in
total reviews for the three-month period ended December 31, 2019 compared to
the previous year. This increased volume has resulted in improved accuracy on
Cohesion with a margin of error of +/- 5% at a 95% confidence level for the top
50 brands in Canada.
Also
launching in 2020 is Cohesion Segmentation - powered by Nielsen, which will
combine Lift & Co. cannabis data with Nielsen’s CPG consumer insights.
Brands will be able to identify custom consumer segments based on cannabis and
non-cannabis buyer trends, and track how they and their competitors’ brands
interact with those segments. Cohesion Segmentation will also include Adobe
Advertising Cloud’s DSP to seamlessly deliver programmatic, compliant digital
advertising to targeted consumers. This brings much-needed industry-standard
advertising solutions to cannabis, as well as the ability to track the results
of those campaigns on Cohesion dashboards. With these enhancements, the Company
estimates that Cohesion clients will be able to increase click-through-rates by
over 20% and reduce digital customer acquisition costs by as much as 30%.
Listen
to Investorideas recent podcast interview with Matei Olaru here.
Tetra
Bio Pharma Inc. (TSX-V:TBP) (OTCQB:TBPMF), a leader in cannabinoid-derived
drug discovery and development, announced it has signed a definitive
manufacturing agreement with Vitiprints LLC, for the commercial scale
production of CAUMZ™ and HCC011. This
agreement will further protect CAUMZ™ and HCC011 with four additional patents
on manufacturing know-how.
VITIPRINTS has
developed a proprietary and patented manufacturing system, which can be used by
Tetra to manufacture its CAUMZ™ drug on commercial scale. As part of the manufacturing agreement Tetra
has obtained a Vitiprints exclusive license to use this technology for
commercial manufacturing CAUMZ™ and HCC-011 at high speed and volume in a
manner that will permit it to be used in a vaporization system (CAUMZ™ kit). This proprietary technology will operate
under pharmaceutical GMP (Good Manufacturing Practices) regulations and will
ensure a "pill-to-pill" consistency that meets inhalation drug
standards.
In exchange of this
exclusive license Tetra will be required to make milestones and royalty payments
on CAUMZ™ sales. From a financial
standpoint this proprietary technology will allow Tetra to reduce it Cost of
Goods Sold (COGS) for CAUMZ™ by approximately 75% and will significantly
improve CAUMZ™ gross margin.
Vitiprints will
perform a thorough assessment of the Quantum Facility in Moncton next week with
an objective of implementing its technology in the spring for the production of
commercial batches. “The previous
technology used for the manufacturing process was excellent but unfortunately
it was limited by its maximal batch size capacity.” said Dr. Guy Chamberland,
Tetra Bio-Pharma’s CEO and Chief Regulatory Officer. “In a first phase of implementation, Tetra’s
production capacity will increase from 2,500 dosing capsules in a 3-day shift
to 100,000 CAUMZ™ dosage units in a single 8-hour shift. The second phase will involve a scale-up and
transfer of this proprietary technology to a Greater Montreal Pharmaceutical
facility.”
"Tetra is now
moving full speed into the implementation of it commercial manufacturing of its
key assets CAUMZ™ and HCC011. This
agreement provides Tetra with high speed and volume and flexibility to meet the
global demand for CAUMZ™ and HCC-011.
Tetra must manufacture batches of CAUMZ™ using its commercial
manufacturing process to complete the quality section of the New Drug
Application. It is very important for
Tetra to ensure it can meet the global demand of patients who are suffering
from cancer. Back orders are not an
option!” said Dr. Guy Chamberland, Tetra Bio-Pharma’s CEO and Chief Regulatory
Officer.
Also if you are
looking for a good overall presentation on the Cannabis space click the link here to see The Flower Corporation’s (TSXV: FLWR) 202 Investor Presentation which
includes a great graph of some of the top cannabis companies’ capital raises
versus expenses.
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
Learn more about
our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
Investorideas.com
podcasts are also available on iTunes,
Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio and Tunein.
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word mark Trademark on the blockchain through Cognate, Inc. CM
Certification-Registration Number: 10468217708
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