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Wednesday 27 May 2020

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 418 (OTC: $CSUI) (TSX: $TGOD.TO) (NYSE: $APHA) (TSX: $LABS.TO) (OTC: $ERBB)



Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 418 (OTC: $CSUI) (TSX: $TGOD.TO) (NYSE: $APHA) (TSX: $LABS.TO) (OTC: $ERBB)

Delta, Kelowna, BC, May 27, 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:


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.

Today’s podcast is sponsored by Cannabis Suisse Corp. (OTC: CSUI), a research & development company licensed under Swiss Cannabis and tobacco regulations to cultivate and sell cannabis. The Company's facilities for producing cannabis are based in Zurich.

The Company grows high quality, organic cannabis with sustainable, all-natural principles. Cannabis Suisse products are laboratory tested to ensure the end users have access to a standardized, safe and consistent product.

In today’s podcast we will be looking at a few private and public company announcements.

The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF), a leading producer of premium certified organic cannabis, announced that it has made its first shipment of Highly Dutch, TGOD's new mainstream brand designed for regular users.  Starting today, Highly Dutch is available in Quebec in a one-ounce format (28 grams) of its Rotterdam OG Indica strain and will become available in additional provinces during the weeks ahead.  This launch will be followed by additional Highly Dutch strains, sizes, and formats later this summer.

Recent studies indicate that daily users make up 26% of cannabis consumers in Canada and that their consumption represents approximately 90% of the total volume being sold.  Highly Dutch's value proposition has been tailored specifically to meet the needs of regular users.  Research has also highlighted that 30% of daily users purchase their cannabis in a one-ounce format, and 14% purchase it in a half-ounce format, which guided the brand's packaging strategy.  Consumers can visit highlydutch.ca for additional information on the brand.

"Our scaled production enables us to address a larger segment of the market that prefers consuming high-quality organic cannabis. Our research also shows that value-conscious consumers prefer buying cannabis in larger volumes, which is why we are launching with Highly Dutch's one-ounce format (28 grams)," commented Brian Athaide, CEO of TGOD.  "This launch is consistent with plans announced in the prospectus we filed in April and reflects our commitment to expanding our portfolio and consumer reach. Highly Dutch allows us to significantly broaden our consumer base and better leverage the significant organic cultivation infrastructure we have built while continuing to focus on the premium segment with the TGOD brand," continued Athaide.

Quebec is the first province where TGOD deploys its dual branding strategy; Highly Dutch's debut coincides with the launch of four other products from TGOD's premium brand in the province РHappy Hibiscus Mat̩ CBD/THC (tea), Happy Hibiscus Mat̩ THC (tea), Unite Organic dried flower, and Harmony Organic dried flower.
Known for its award-winning glass jar, TGOD started selling premium certified organic cannabis in the recreational market in August 2019 with a small pilot in Ontario at the OCS.  As it ramped up its production, it gradually expanded its distribution and product offerings.  Its products are now available to medical patients nationally and in recreational stores in every province except Prince Edward Island.

TGOD worked in partnership with Velvet Management Inc. on its Highly Dutch distribution strategy. Velvet is the Company's exclusive sales agent for its adult-use cannabis products in Canada.

Aphria Inc. (TSX: APHA) (NYSE: APHA), a leading global cannabis company, announced that it will transfer its stock exchange listing from the New York Stock Exchange ("NYSE") to The Nasdaq Global Select Market ("Nasdaq"), effective Friday, June 5, 2020, after the market close. The Company expects its common stock will begin trading as a Nasdaq-listed security at market open on Monday, June 8, 2020 and will continue to be listed under the ticker symbol "APHA." This transition will not impact the Company's primary listing on the Toronto Stock Exchange (TSX: APHA).

"We are excited to have Nasdaq as our new exchange partner. This move is a reflection of our ongoing commitment to find cost effective ways of operating so we can continue to deliver long-term value to shareholders," said Irwin D. Simon, Chief Executive Officer. 

"Additionally, as a purpose driven Company, we believe Nasdaq will be a good fit for Aphria, particularly given our focus on, and the progress we have made, integrating ESG practices across our business."

"With over 76% of Nasdaq-listed companies reporting on at least one ESG metric, we welcome Aphria to the Nasdaq family as they strive to integrate ESG best practices across their business and add strategic value to all of their stakeholders," said Bob McCooey, Global Head of Capital Markets, Nasdaq.

The last day of trading of the Company's common stock on NYSE is expected to be Friday, June 5, 2020.

HelloMD in collaboration with Dr. Sana-Ara Ahmed announced that it is offering support to chronic pain patients in Alberta during COVID19. According to Statistics Canada, six million people suffer from chronic pain across Canada. With the current mandate for social distancing, patients across all demographics are having a difficult time finding proper medical support. 

Dr. Sana-Ara Ahmed, Specialist in Interventional Chronic Pain and Cannabinoid Medicine, together with HelloMD are offering virtual access care to help chronic pain patients during this difficult time. Dr. Ahmed's knowledgeable and compassionate approach, combined with HelloMD's turnkey set of virtual care tools, are making it easier for chronic pain patients to receive therapeutic options, while staying safe at home. 

"For me, my patients always come first and I am always thinking about how I can best support them", said Dr. Ahmed. "COVID19 has proved to be a challenging time, especially for my chronic pain patients, as we cannot provide in-person consultations or care. HelloMD, and the ease with which my team and patients have adapted to their virtual processes, has been invaluable in helping us quickly ramp up to support new and existing patients." She added. 

Through this partnership, chronic pain patients seeking support with medical cannabis will have access to health care practitioners who can counsel and provide medical documents directly to Medical Cannabis by Shoppers, easing this aspect of the health care journey for patients. 

"We offer clinics the core pieces they need now - turnkey virtual care technology, live patient support and work flows all uniquely attuned to medical cannabis -  while enabling their practitioners to focus on delivering patient care", said Larry Lisser, Senior Vice President of Business Development, HelloMD. "Dr. Ahmed values offering her patients trusted sources for fulfillment, and our integration with Medical Cannabis by Shoppers ensures her patients get the access they seek, while removing this administrative burden from her clinic team", Lisser added. 

"We launched Medical Cannabis by Shoppers with one purpose: to extend trusted access to the widest variety of medical cannabis products support to patients across Canada," said Ken Weisbrod, Vice President of Business Development, Shoppers Drug Mart. "Offering product fulfillment and pharmacist support to Dr. Ahmed's chronic pain patients align with this mission", Weisbrod added.

Medical Cannabis by Shoppers is Shoppers Drug Mart's online platform for the sale of medical cannabis. The service breaks down existing barriers for patients by providing convenient access to a broader range of options through a single source, alongside expert advice and counsel from trusted healthcare professionals.

To facilitate care between Dr Ahmed and her patients, HelloMD provides Genuvis Health with a dedicated website for its patients to register for an online appointment. The HelloMD team assists Dr. Ahmed's patients with onboarding, scheduling and virtually connecting with Dr Ahmed. After the consult, and patient registration with Medical Cannabis by Shoppers, virtual pharmacists are made available to assist with product purchases and fulfillment. 

MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) and Argentina Gold Corporation, a Canadian vertically integrated licensed producer, announced the formation of a supply arrangement to bring premium cannabis-infused products to Atlantic Canada. 

Under the agreement, which has an initial 2-year term, MediPharm Labs will provide Argentia Gold-branded formulated tincture bottles of CBD cannabis resin and Argentia Gold will provide distribution, sales, and service to leading retailers in Newfoundland and Labrador, Prince Edward Island, Nova Scotia and New Brunswick.

“We are committed to delivering the highest quality products to our customers throughout Atlantic Canada and doing so in partnership with MediPharm Labs is a virtual guarantee of success,” said Dave Thomson, President of Argentia Gold. “As our white-label supply partner, MediPharm Labs is able to address exactly what we need: reliable, responsive production that meets Good Manufacturing Practice (GMP) standards backed by some of the cannabis industry’s most knowledgeable scientists, pharmaceutical professionals and extraction specialists. Argentia Gold’s destination is market leadership and this agreement is an important milestone in our journey.”

Canadian consumption rates for cannabis are the highest per capita in Atlantic Canada (up to 26.8 percent in Nova Scotia, 25.2 per cent for Newfoundland, 23.2 per cent for Prince Edward Islandi). In comparison, the cannabis consumption rate for Ontario is up to 18.1 per centii.

“Consumers in Atlantic Canada deserve only the very best quality cannabis-infused products and that’s exactly what they will receive as a result of this exciting partnership,” said Pat McCutcheon, CEO of MediPharm Labs. “Argentia Gold is deeply invested in their community, understands the market, knows local preferences and with a trusted portfolio of premium products will no doubt grow into one of Canada’s foremost licensed producers. We are very proud to play a formative role in the next stage of their development.”

American Green (OTC: ERBB) announced today that EZ WEED has selected and purchased the company’s proprietary smart vending solution -- called the “AGM” -- as their “system of choice” for EZ Weed’s new business venture teaming up with prospective cannabis dispensaries throughout the nation.

EZ Weed is run by Managing Partner, Lauren Smee and backed by retired NFL Linebacker-turned-venture-capitalist, Lamarr Houston. Mr. Houston, who played professionally for the Oakland Raiders and Chicago Bears, recently visited American Green’s AGM facility in Gastonia, NC.   According to AGM Division Head, Lindel Creed, “It was obvious to me from the minute they both arrived at the AGM facility, that both Ms. Smee and Mr. Houston knew exactly which machine features they required for their venture and, by the time they left the facility, both were convinced that American Green could provide them.”

EZ WEED expects to purchase and supply the AGM Dispensing Vending Machines following their up-and-coming EZ Weed national launch and have already begun securing their location agreements with some of the top dispensaries in the US.  According to Ms. Smee, “Our partnership with American Green is vital in reaching our goal of becoming the first national and mainstream marijuana vending machine provider and service. The automation, humanless sales method, and intelligent vending capabilities of the AGM will allow us to scale for high growth.”

EZ WEED was founded in January 2020. The company came to fruition organically through a love of cannabis and Ms. Smee’s extensive knowledge in launching startups -- with a new twist and groundbreaking sales method in the cannabis industry.  The average sales process in a dispensary can be anywhere from 15-45 minutes. With EZ WEED, the entire process, even as a first-time user, is on average 3 to 5 minutes.

Besides the state-of-the-art machines, EZ WEED also provides its dispensary partners with “white glove” customer service as well as completely customizable digital marketing for each American Green AGM vending machine it provides. We do all the work pertaining to custom menus, product display, machine maintenance and a dedicated account manager that remotely keeps track of machine sales and inventory.

Once again, today’s podcast was sponsored by Cannabis Suisse Corp. (OTC: CSUI), a research & development company licensed under Swiss Cannabis and tobacco regulations to cultivate and sell cannabis. The Company's facilities for producing cannabis are based in Zurich.
The Company grows high quality, organic cannabis with sustainable, all-natural principles. Cannabis Suisse products are laboratory tested to ensure the end users have access to a standardized, safe and consistent product.

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



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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. Disclosure: CSUI is a paid monthly news and social media client 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 
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Tuesday 26 May 2020

Investorideas.com - Cannabis Stock News: TGOD (TSX: $TGOD.TO) (US: $TGODF) Rolls Out Highly Dutch Organic

Investorideas.com - Cannabis Stock News: TGOD (TSX: $TGOD.TO) (US: $TGODF) Rolls Out Highly Dutch Organic

Investorideas.com - Cannabis Stock News: Aphria Inc. (TSX: $APHA.TO) (NYSE: $APHA) Announces Move to Nasdaq

Investorideas.com - Cannabis Stock News: Aphria Inc. (TSX: $APHA.TO) (NYSE: $APHA) Announces Move to Nasdaq

Investorideas.com - Cannabis Stock News: Spyder Cannabis (TSXV: $SPDR.V) Announces Corporate Update

Investorideas.com - Cannabis Stock News: Spyder Cannabis (TSXV: $SPDR.V) Announces Corporate Update

Investorideas.com - Cannabis Stock News: Osoyoos' Extraction (CSE: OSO) Systems Now Commissioned and Approved

Investorideas.com - Cannabis Stock News: Osoyoos' Extraction (CSE: OSO) Systems Now Commissioned and Approved

SinglePoint (OTCQB: $SING) to Achieve a 300% Increase in Q1 Revenue @_singlepoint_

#Solar Growth Drives SinglePoint (OTCQB: $SING) to Achieve a 300% Increase in Q1 Revenue @_singlepoint_

PHOENIX, AZ - May 26, 2020 (Investorideas.com Newswire) SinglePoint, Inc. (OTCQB: SING)







SinglePoint: Q1 Revenue
Financial Highlights
  • First quarter revenue up 309% - $1,075,222
  • First quarter gross profit up 309% - $309,614
  • Announced Agreement to raise up to $7M in growth capital

Operational Highlights
  • Direct Solar America leverages transformation of sales platform to expand from 7 states to over 30 states
  • Launched innovative moisturizing Klen Hands sanitizer
  • Expansion of Retail Footprint of 1606 Hemp to over 400 retail storefront locations

SinglePoint Inc. (SING) files quarterly financials for the period ending March 31, 2020. The company had total sales of $1,075,222 a 300% growth compared to the same period in 2019. The majority of the revenue was attributable to the acquisition of Direct Solar America and the backlog of projects developed throughout Q4.

Direct Solar America had amassed a record pipeline of (solar bookings) throughout Q4 of 2019 and the early period of Q1 2020 many of which installed during Q1 2020. During the first quarter, Direct Solar America added multiple new markets, now totaling 30 states. The company saw record bookings during February closing over 40 residential sales. Due to the challenges presented by the operational disruptions businesses and consumers faced in response to the COVID-19 virus March was slower than anticipated. The Company accelerated the transition to a completely digital sales platform facilitating contactless solar sales, which enabled Direct Solar America to quickly expand into new markets. The digital sales platform has reduced costs as highlighted and featured in GreenTech Media, an industry leader focused on the clean energy industry, discussing the changes made and how they will impact the company in the near and long term.

Looking ahead, the Company has growing performance of the consumer products and a healthy solar pipeline comprising residential bookings and new incremental and accretive commercial sales. The Company began to experience the effects of disruptions caused by the pandemic late in the first quarter and expects continuing effects to be felt primarily in the 2nd Quarter.

"Direct Solar America and our consumer product 1606 Original Hemp are both gaining traction and revenue growth," states Greg Lambrecht, CEO and Chairman, SinglePoint, Inc. "We continue to analyze and to take actions to transform and realign our business opportunities and we remain bullish on the long-term ability for the company to grow revenues, improve the balance sheet and increase shareholder value."

The Company outperformed on gross revenue in Q1, which ended in March, and pivoted operational plans to address headwinds that will mostly be felt in the 2nd Quarter of 2020 due to the ongoing global pandemic related to the COVID-19 Coronavirus. The ability for the Company to deliver strong operational results meeting internal expectations is a testament to our senior leadership and flexibility but the true effects of the shutdown will be felt during the 2nd quarter. We have reason to believe that our introduction of new products and our shift in sales strategies coupled with increasing reopening of the country indicates that we will see an increase in the 3rd and 4th quarters back to our targeted forecasted range.

We are committed to providing the opportunities for our shareholders to have access to liquidity with respects to their ownership in our stock. We have explored and will continue to explore various different listing options including cross listing and up listing to a higher exchange. The recent history of the company, audited financials, becoming fully reporting, uplisting to the OTCQB were significant achievements and milestones. We will continue to and plan on taking decisive actions that we feel are in the best interest of the company and its shareholders to maintain and eventually improve our equity structure, market capitalization, and to assess options related to the total number of shares outstanding that encourages investment. Management believes that maintaining the OTCQB listing is a priority as it positions the Company to achieve current business objectives and provides a foundation for a broader shareholder and customer base as the Company focuses on executing toward its key strategic objectives.

As previously reported, we took decisive and aggressive actions to reimagine the traditional sales model associated with solar to a virtual sales platform. This shift enables rapid scale as evidenced by our addition of new states and accelerates our efforts to enhance our competitive advantage within our solar business model that allows for scale. We expect to continue to add additional states in an effort to cover the entire domestic and addressable US market.

Our core business delivers products and services that consumers will continue to utilize whether its saving money, going green, and reducing sole dependence on a single-sourced energy/electrical supply or looking for a premium product such a Klen hand sanitizer that is designed to moisturize as well as sanitize. Our brand of smokable hemp product provides the benefits of immediate delivery of the benefits of hemp. The product is nontobacco with no additives and can be sold online and can be found through our increasing number of retailers carrying the product.

"We are pleased with the revenue the Company was able to recognize during the 1st quarter. To surpass the $1M revenue achieved in a quarter is a significant threshold and is a testament that we were executing the strategic vision highlighted in January 2020. During the onset of the Covid-19 crisis and the ensuing global disruption caused, our employees continued to push forward while everybody stayed safe as we adapted to the new business normal. Our teams' dedication and hard work enabled us to launch the contactless / virtual solar sales process in weeks versus a much longer anticipated implementation. This has turned out to be a great innovation and competitive advantage for Direct Solar America. We have incorporated parts of this contactless sales process across our sales efforts for our consumer products in smokable hemp and hand sanitizer. We anticipate that the reopening of the economy coupled with a return of consumer confidence will allow us to stay on track for our annual revenue target. We remain focused on closing commercial solar projects that have been delayed but are currently in process in addition to increasing and expanding our 1606 Hemp market share to bolster and achieve our revenue goals," Greg Lambrecht CEO SinglePoint.

In addition to the quarterly revenue growth results and operational improvements, the Company successfully re-paid a convertible investor note, (the "CVP Note") dated October 10, 2017, during the first quarter (Q1) of 2020. The Company and management will continue to find accretive ways to work with our long-term investing partners to strategically eliminate outstanding notes in order to improve the balance sheet as we believe it is in the best interest of our shareholders. The Company's fully reporting status will improve our ability to access the necessary growth capital through more traditional financing sources and it should be further enhanced by its entrance into multiple emerging business markets in conjunction with delivering consistent annual revenue growth as represented in the 2020 financial results.

About SinglePoint, Inc.
Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand.

Our Companies

Connect on social media at:
For more information visit: www.SinglePoint.com

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Corporate Communication
SinglePoint Inc.
888-OTC-SING
investors@SinglePoint.com
SinglePoint.com





SinglePoint (SING) is a featured stock on Investorideas.com

More info on SING at Investorideas.com Visit: https://www.investorideas.com/CO/SING/


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. For Disclosure purposes SinglePoint Inc (OTCQB: SING) is a paid  annual news and social media company on Investorideas.com.  More disclaimer info: 
https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.asp . Learn more about our prices for 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.



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