Investorideas.com - Cannabis Stock News: True Leaf (CSE: MJ) (OTC Pink: TRLFF) Enters Into Asset Purchase Agreement to Sell True Leaf Pet Inc.
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Wednesday 19 August 2020
Tuesday 18 August 2020
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 456 (OTC: $PSYC) (NASDAQ: $NEPT) (TSX: $NEPT.TO)
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 456 (OTC: $PSYC) (NASDAQ: $NEPT) (TSX: $NEPT.TO)
Delta, Kelowna, BC, August 18, 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:
https://www.investorideas.com/Audio/Podcasts/2020/081820-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2020/cannabis-potcasts/08181PSYC-NEPT.asp
Hear Investor ideas cannabis potcast on iTunes
Hear the investor ideas potcast on Spotify
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 private and public company announcements.
Kaló, a
handcrafted, locally-sourced, hemp-infused seltzer, makes
its debut today in stores and restaurants throughout the
New York City Metropolitan Area. Thanks to an agreement with Pepsi-Cola Bottling Co. of New York Inc. (PCNY),
Kaló will now be available for purchase in major grocery stores, bodegas,
natural food markets and more in all five boroughs of NYC, along with Long
Island and Westchester. This makes Kaló the first functional hemp beverage to
launch in the PCNY distribution system.
Pepsi-Cola Bottling Co. of NY (PCNY)
is a privately held manufacturer and distributor of some of the world’s leading
consumer brands. The company operates from five facilities in the New York City
area and is proud to sell products from PepsiCo, Keurig Dr. Pepper, Danone and
many other fine companies. PCNY is one
of the largest beverage distributors serving New York City, Long Island and
Westchester County.
Kaló arrives in New York City in its
four delicious, natural flavors: Strawberry Watermelon, Lemon Lavender,
Pomegranate Peach, and Raspberry Lime. A 12 oz. can contains only 15 calories
and 2 grams of sugar. The hemp-infused seltzer is created by Hillview, a family-owned
New Jersey-based innovator in agricultural technology. Hillview provides Kaló
with locally-grown hemp of the highest quality, rich in naturally occurring
cannabinoids, vitamins and nutrients.
“Kaló represents a massive step
forward for hemp-infused beverages,” said Ken VandeVrede, CEO of Hillview.
“Generations of agricultural experience and investment and state-of-the-art
hemp technology has led to a product that we feel is unmatched in the space. We
couldn’t be more excited to partner with PCNY, as we know New York is ready for
Kaló.”
“Plant-based beverages are extremely
innovative and growing fast. Our
employees and distributors are very pleased to sell and deliver Kaló which will
be a fantastic addition to our portfolio of innovative beverages,” said
Reginald Goins, President and COO of PCNY.
“We continue to be very selective in which brands we carry and Kaló is a
special hemp-infused beverage that our consumers will love.”
Global
Trac Solutions, Inc. (OTC:
PSYC) announced that in
an effort to accelerate the Company’s development of premium industry centric
content for its Psychedelic Spotlight website (www.psychedelicspotlight.com) and
Microdose Monthly newsletter, PSYC has established a content development
partnership with Microdose Psychedelic Insights (www.microdose.buzz), the
leader in psychedelic media and events based out of Toronto, Canada.
Through this partnership with
Microdose, PSYC will have the distinct ability to work in a collaborative
effort with Microdose’s talented and knowledgeable content development team to
produce and present original, broad-minded content that offers a unique and
in-touch perspective related to the emerging space of psychedelic medicine.
Said Global Trac Solutions, Inc. CEO
David Flores: “We are delighted to have established this outstanding
partnership with a firm like Microdose who have such a compelling and
impressive finger on the pulse of the medicinal psychedelic industry. More
importantly, I am thrilled to partner and work with a company where our
passion, principles, and overall vision within this industry are so perfectly
aligned and the opportunity it will present to unify each of these critical
aspects in producing exceptional informational and educational-focused content
that I hope will contribute to the advancement of psychedelic medicines as a
recognized treatment. It is also our intent to leverage this terrific
opportunity to more distinctly develop our identity and expand our reach within
this quickly evolving sector.”
Said Patrick Moher, Microdose
Partner: “We are pleased to be aligning the team at Psychedelic Spotlight,
amplify our ability to produce high quality, evidence based, original psychedelic
content. We believe that collaboration is critical to create a successful
industry in the long term and are excited to see where this partnership takes
us.”
In addition to this partnership, the
Company has also demonstrated considerable focus in recent weeks towards
expanding its pool of talented and experienced freelance writers within the
field of medicinal psychedelics and with the intent of increasing its
production and output of original content over the next several weeks and in
the months ahead.
Neptune
Wellness Solutions Inc. (NASDAQ:
NEPT) (TSX:
NEPT), a diversified and fully integrated health and
wellness company focused on natural, plant-based, sustainable and
purpose-driven lifestyle brands, is pleased to introduce its proprietary Mood
Ring cannabis brand for the Canadian market. The Mood Ring brand and product
line will officially launch in select Canadian markets this fall to meet
consumer demand for high-quality, affordable and environmentally friendly
cannabis products.
Mood Ring leverages Neptune's
decades of experience in the wellness, extraction and consumer packaged goods
(CPG) industries to bring product offerings to market that are designed to meet
the specific demands of Canadian consumers. Mood Ring CBD products primarily
target wellness-focused consumers looking for natural products, whereas Mood
Ring THC concentrates focus on the recreational market.
Mood Ring will use Neptune's
proprietary cold ethanol extraction process technology to create full spectrum
extracts for the Company's tincture and capsule products and newly implemented
solventless extraction for THC concentrates. These processes allow Mood Ring to
provide consumers with all of the cannabinoid and terpene benefits of the plant
with a significantly lower environmental impact, requiring significantly less
energy use when compared to CO2 extraction.
"Mood Ring is directly aligned
with our strategy to move closer to the consumer and drive our growth with
unique, high-quality and affordable health and wellness branded products,"
said Michael Cammarata, Chief Executive Officer of Neptune Wellness Solutions.
"Our initial launch of Mood Ring will focus on CBD and THC products that
we can immediately scale up to support the volumes required to meet demand,
with future products in development. We intend to price our products to be competitive
with the illicit market, which will provide legal options for legacy consumers
that meet their needs and expectations, while attracting new consumers in a
friendly and approachable way."
In June, Neptune received
authorization by Health Canada to sell cannabis products to provinces and
territories. This sales license includes edibles, extracts, and topical
products. Health Canada's authorization adds to Neptune's previously held
processing license and permits the Company to expand its cannabis operations to
include Mood Ring and future proprietary branded products.
Lastly today on a more unrelated
note I’d like to bring up a brand new product I’ve come across which is a great
indicator of where innovation could take this industry.
The product is the Bello Vaporizer and
essentially is a new device designed to put your 510 thread distillate
cartridges on tap.
The first of its kind for this style
of product, why this may be impactful for the industry is that this allows for
a new shareable format of consumption for 510 thread distillate, one of the
largest growing segments of the cannabis sector today. This product also
highlights one of the major factors to consider when looking at product
development or industry trends which is that what we currently see as the forms
and preferences of cannabis consumption today, may have little to nothing to do
with the forms and preferences of cannabis consumption for the future.
When addressing this industry as a
whole we must make sure to focus not only on the business basics and financial
essentials but also long term trends and consumer factors that can drastically
change the landscape of the industry.
Find out more about the Bello
Vaporizer here: https://www.bello.love/
Investor ideas reminds all
listeners to read our disclaimers and disclosures on the Investorideas.com
website and that 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
Hear Investor ideas cannabis potcast on iTunes
Hear the investor ideas potcast on Spotify
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.
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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, research and original
financial content. 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
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and Climate Change , Exploring
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Friday 14 August 2020
Investorideas.com - Montana Secretary of State Officially Certifies Marijuana Legalization Initiatives for Montana's November 2020 Ballot
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Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 455 (TSX: $VLNS.TO) (NASDAQ: $VFF) (TSX: $VFF.TO) (TSX: $TGOD.TO)( TSX: $ZENA.TO) (TSX: $RIV.TO)
Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 455 (TSX: $VLNS.TO)
(NASDAQ: $VFF) (TSX: $VFF.TO) (TSX: $TGOD.TO)( TSX: $ZENA.TO) (TSX: $RIV.TO)
Listen to the podcast:
https://www.investorideas.com/Audio/Podcasts/2020/081420-StocksToWatch.mp3
Read this in full at http://www.investorideas.com/news/2020/cannabis-potcasts/08141VLNS-VFF-TGOD-ZENA.asp
Hear the investor ideas potcast on
Spotify
Hear Investor ideas cannabis potcast on iTunes
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 private and public company announcements.
Medical
Marijuana, Inc. (OTC: MJNA) announced that the Japanese division of its
subsidiary Kannaway® had its best month ever in Company history in July 2020.
“Kannaway has made tremendous
progress around the world as consumers in Japan and across Asia continue to
show an exciting increase in interest for cannabidiol (CBD) products,” said
Medical Marijuana, Inc. CEO Dr. Stuart Titus. “Our team has truly shown what
can be accomplished with passion, hard work and high-quality products designed
to support the body’s crucial endocannabinoid system.”
According to Prohibition Partners,
China and Japan present a large opportunity for Kannaway®’s unique line of CBD
products as they collectively account for about 90 percent of Asia’s CBD
market, projected to be worth $5.8 billion by 2024.
“Although Japan is still a new
market for us, our record-breaking month in July illustrates that, even amid a
global pandemic, consumers in the region are already responding to our
hemp-based CBD products with great excitement,” said Kannaway® CEO Blake
Schroeder. “I believe we are set up for continued growth and a vibrant future
in the market.”
The
Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) announced the rollout of various new products
as part of a custom manufacturing agreement with Verse Cannabis, a group of
innovators focused on bringing to market cutting-edge product formulations
rooted in cannabinoid science. The new products have been released under each
of the two Verse product lines, Verse Originals and Verse Concentrates, which
aim to bring premium quality offerings to Canadian consumers at affordable
prices.
The sativa-dominant Tropic Lemon
0.3g and 1g 510 thread vape cartridges are the first to launch under Verse
Originals, a line of universal cannabis products offered at a great value.
Crafted with botanical terpenes, the 0.3g value cartridges are now available in
Alberta, with British Columbia, Ontario and Saskatchewan expected to follow,
along with the launch of the 1g value cartridge in the coming weeks in Alberta,
British Columbia and Ontario. Additionally, the Verse Originals 1:20 CBD oil is
expected to be available soon in Alberta, British Columbia and Ontario. Created
using high quality extracts, the premium cannabis-derived CBD formula offers a
subtle terpene profile with a citrus aroma. In partnership with Verse, The
Valens Company will also produce and manufacture additional products for the
Verse Originals product line, including drink drops, using SōRSE by Valens
emulsion technology.
As one of the first entries into the
Canadian market, the much-anticipated Verse 0.5g crumble is now available in
Saskatchewan, with the 1g offering expected to be available in Alberta, Ontario
and Saskatchewan in the coming weeks under the Verse Concentrates line, an
ultra premium, curated collection of concentrates developed with experienced
cannabis users at the forefront. Precisely created using hydrocarbon
extraction, Verse crumble captures the essence of the indica-dominant White
Rhino strain with its high THC potency and aromas and flavors of blueberries
and mangos, green grapes and Thai Basil. The Valens Company's commitment to
building out the concentrates category in Canada is furthered by its
hydrocarbon extraction capabilities. Through this exclusive extraction process,
the delicate makeup of the cannabis plant is maintained allowing for the
original combination of cannabinoids and terpenes to remain in the extracted oil,
resulting in a refined and consistent end product.
"Canadian cannabis consumers
have been eagerly waiting for more next-generation products to hit the shelves,
and in partnership with Verse, we have come to deliver two unique product lines
with both original and reimagined high-quality cannabis extracts and
concentrates," said Tyler Robson, Chief Executive Officer of The Valens
Company. "Together with Verse, we aim to set a new industry standard for
accessibility, quality, price point and value, all of which we have favourably
captured through the brand's innovative yet simple product offering that we are
confident will meet a wide range of consumer needs.
This week’s Financial Results:
Village
Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) announced its financial results for the second
quarter ended June 30, 2020. On June 30, 2020, Village Farms had a majority
(non-controlling) interest of 58.7% of Pure Sunfarms Corp. ("Pure
Sunfarms").
"The second quarter continues
to demonstrate the earnings capacity of Pure Sunfarms as it delivered its sixth
consecutive quarter of net income and seventh consecutive quarter of positive
EBITDA," said Michael DeGiglio, CEO Village Farms. "Although retail
branded sales were level compared to the first quarter on a dollar basis,
retail sales volume increased 89% as Pure Sunfarms' continued to have great
success with its large-format, value offerings, which have consistently ranked
among the best-selling dried cannabis products with the Ontario Cannabis Store
since launch. Importantly, even with its
aggressive pricing strategy a necessity in Canada to capture share from the
illicit market - Pure Sunfarms generated 33% gross margin for the quarter. We look forward to a stronger back half of
2020 for Pure Sunfarms, supported by the continued sales momentum we have seen
early in the third quarter, the addition of new provincial markets, the steady
increase in the number of retail stores throughout the country, and the
imminent launch of its first Cannabis 2.0 products and bottled oils. We have
also seen a marked uptick in activity in the wholesale business recently."
"Pure Sunfarms remains the top
selling brand of dried cannabis with the Ontario Cannabis Store to date in 2020
with nearly 14% market share as its focus on providing quality products that
consumers want at an attractive price continues to resonate well with
consumers. We expect this value
proposition to translate to the bottled oil and Cannabis 2.0 categories as
these products are introduced in the weeks and months to come. Pure Sunfarms' industry leading all-in cost
of production continues to set it apart from other suppliers, enabling it to
offer high-quality products at attractive prices to drive sales and grow market
share in the legal market, as well as to capture share from the illicit market,
while consistently generating profitability."
Zenabis
Global Inc. (TSX: ZENA) announced its financial results for the second
quarter ended June 30, 2020. All amounts, unless specified otherwise, are
expressed in Canadian dollars.
Kevin Coft, Interim Chief Executive
Officer of Zenabis, stated, "We are pleased to report that the performance
improvement measures implemented early in 2020, as well as the introduction of
new products and sales channels during 2020, continue to result in improved
financial performance for Zenabis. Adjusted EBITDA for the second quarter of
$3.1 million represents a 31% improvement over the prior quarter, which itself
was the first positive EBITDA quarter in the Company's history. Additionally,
the continuing financial improvements are manifest in the Company's cash flows
with cash used in operating activities in Q2 2020 of $3.9 million compared to
$14.3 million in the prior quarter and $17.0 million in the second quarter of
2019. Finally, the Company has made significant strides in reducing its
short-maturity debt through equity-for-debt conversions as well as the equity
raise that was successfully completed in June. Current liabilities were reduced
by $60.8 million in the quarter and total loans and borrowings were reduced in
the quarter. The Company expects that increasing provincial demand for its
products, driven by more aggressive pricing and the impact of new products
together with growth in domestic and international bulk sales channels, will
drive revenue, gross margin, and Adjusted EBITDA improvements for the balance
of 2020 and into 2021. The Company anticipates growth in net cannabis revenue
of 44% to 78% in the third quarter of 2020 versus the second quarter of 2020,
which is expected to result in consolidated Adjusted EBITDA of $4 million to $6
million for the quarter."
The
Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF), a leading producer of premium
certified organic cannabis, announced its financial results for the second
quarter of 2020 ended June 30, 2020.
These filings are available for review on the Company's SEDAR profile at
www.sedar.com.
"Since the beginning of the
global pandemic, our top priority has been the health and safety of our
employees, customers, and patients.
Despite the additional layer of complexity, we continued bringing
innovation to market, seeing sequential month-over-month growth during the
quarter while cutting costs and reducing our cash burn rate. While we are not where we had expected to be
at this time, we are seeing strong momentum on our innovative products and will
continue to right-size our business plans with a focus on getting our monthly
run rate to a scale which delivers positive operating cash flow by the end of
the year," commented Brian Athaide, CEO of TGOD. "Our products have now proven their
appeal to consumers and shown consistency and efficacy backed by scientific
research. We look forward to expanding
our portfolio with additional flower strains and variants of our 2.0 line-up
and bringing them to more stores across the country." added Athaide.
Canopy
Rivers Inc. (TSX: RIV) (OTC: CNPOF) released its unaudited condensed interim
consolidated financial statements and management's discussion and analysis
("MD&A") for the three months ended June 30, 2020.
"This quarter, we made a
strategic investment in Dynaleo, a cannabis gummies manufacturer that we
believe is well-positioned to help Canada's licensed producers and brands catch
up to consumer demand for the gummy product format," said Narbé
Alexandrian, President and CEO, Canopy Rivers. "We also continued to work
closely with our portfolio companies to help resolve some of the unique
macroeconomic challenges that emerged inside and outside of the cannabis
sector. While PharmHouse faces some immediate challenges, we continue to
believe that it has the potential to become a key component of the Canadian
supply chain for low-cost, high-quality cannabis, especially as the value
segment of dry flower becomes more prominent."
Investor ideas reminds all
listeners to read our disclaimers and disclosures on the Investorideas.com
website and that 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
Hear Investor ideas cannabis potcast on iTunes
Hear the investor ideas potcast on Spotify
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, research and original
financial content. 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 the AI Eye .
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news,
articles and equity research as well as creates original content, including
video, interviews and articles. Original content created by investorideas is
protected by copyright laws other than syndication rights. Our site does not
make recommendations for purchases or sale of stocks, services or products.
Nothing on our sites should be construed as an offer or solicitation to buy or
sell products or securities. All investing involves risk and possible losses.
This site is currently compensated for news publication and distribution,
social media and marketing, content creation and more. Disclosure is posted for
each compensated news release, content published /created if required but
otherwise the news was not compensated for and was published for the sole
interest of our readers and followers. Contact management and IR of each
company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our
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Thursday 13 August 2020
Wednesday 12 August 2020
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 454 (TSX: $AVCN.TO) (OTCQX: $AVCNF) (CSE: $TGIF.C) (OTCQX: $TGIF
Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 454 (TSX: $AVCN.TO)
(OTCQX: $AVCNF) (CSE: $TGIF.C) (OTCQX: $TGIFF)
Listen to the podcast:
https://www.investorideas.com/Audio/Podcasts/2020/081220-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2020/cannabis-potcasts/08121AVCN-AVCNF-TGIF-TGIFF.asp
Hear the investor ideas potcast on Spotify
Hear Investor ideas cannabis potcast on iTunes
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 private and public company announcements.
Shoppers Drug Mart Inc. announced the opening
of its first managed medical clinic in Toronto.
Owned and operated by Shoppers Drug Mart, the Health Clinic by Shoppers™ is a primary-care and family practice
clinic, providing patients with convenient, one-stop access to medical services
and trusted advice.
Located
at Lawrence Ave. and Dufferin St., this new clinic is the first of three
expected to open over the next year in the Greater Toronto Area. Hosting a suite of family medicine services,
the clinic aims to make healthcare more accessible for patients with extended
operating hours and increased technology, such as online appointment booking
and virtual care options through Medeo® solutions and electronic health records
via the AccuroEMR® platform.
"We
know Canadians want and need more from their primary care. The world changed quickly and dramatically
this year, highlighting the need for more accessible healthcare options for
patients – whether that means extended hours and more convenient locations for
in-person services, or virtual care services for all patients including those
who don't currently have access to a family physician," says Jeff Leger,
President, Shoppers Drug Mart. "The
Health Clinic by Shoppers combines convenience and technology in a way that is
increasingly relevant to Canadians looking for health and wellness
support."
As
Shoppers Drug Mart expands its range of healthcare services, the company
assembled a team of individuals with extensive experience in health clinic
operations and management, and established a Physician Advisory Board to
support the design and implementation of the new health clinic model.
"The
COVID 19 pandemic has had a substantial impact on both the way Canadians access
health care and on how physicians deliver primary care to their patients,"
says Dr. Barry McLellan of the Health Clinic by Shoppers Physician Advisory
Board. "Through an enhanced experience of consistent quality of care,
convenient hours, technology-enabled and virtual care services all delivered in
a modern clinic space, the Health Clinic by Shoppers is uniquely positioned to
provide high-quality, patient-centered healthcare to Canadians."
Avicanna Inc. (TSX:
AVCN) (OTCQX:
AVCNF) announced that
its advanced RHO Phyto™ Micro Drop oils are now officially available nationwide
in Canada on the Medical Cannabis by Shoppers™ platform as well as through the
Medical Cannabis Real-World Evidence study at the University Health Network as
announced by the Company on July 15, 2020.
Following
years of research and development in collaboration with world class academic
and clinical organizations, Avicanna is proud to be launching RHO Phyto, a full
formulary of advanced medical cannabis products, for patients and the medical
community in Canada. Following the Micro
Drop oils, Avicanna expects to launch two advanced sublingual spray
formulations in the upcoming weeks. The RHO Phyto product line includes oil drops,
sublingual sprays, capsules and topicals with varying ratios of CBD and THC.
The RHO Phyto products are designed to address a range of medical conditions
that may require various rates of relief. For example, the "Rapid
Act" sublingual sprays provide a faster onset of effects than the
"Simple Dose" capsules and "Micro Drop" oils. To ensure
batch-to-batch consistency and high-quality products, these formulations are
manufactured under Good Manufacturing Practices in partnership with MediPharm
Labs Inc. and GMP-level analytical testing is performed by Sigma Analytical
Services Inc. All RHO Phyto products will be tracked using blockchain
technology developed by TruTrace Technologies Inc. to manage, track and trace
each step of the supply chain.
Aras
Azadian, CEO of Avicanna commented, "We believe that our RHO Phyto
formulary is designed to address numerous gaps in the current medical cannabis
framework with respect to patient needs and provide an opportunity to attract
new prescribers and patients to medical cannabis solutions. The introduction of
a strictly medical line of products, backed by extensive research, pre-clinical
data, GMP manufacturing and offered by Shoppers, has the opportunity to set a
new standard of care and establish RHO Phyto as the leading medical product
line in the medical cannabis market."
With the
patient in mind, RHO Phyto Micro Drop oils are formulated with enhanced
absorption, prolonged stability, and consistency. The blood orange flavoured
Micro Drop oil 1.6 CBD - 0.06 THC and Micro Drop oil 0.6 CBD – 0.16 THC are available
in a 25:1 and 4:1 CBD to THC ratio, respectively. The product name includes the
amount in milligrams (mg) of CBD and THC that is delivered per dose. Detailed
guidelines about dosing and titration for Health Care Practitioners and
patients is available on the RHO Phyto website at www.rhophyto.com, as well as on the
Avicanna Academy website at https://www.avicanna.com/the-avicanna-academy/, along
with additional product information, product guidelines for patients, and
frequently asked questions.
As a
part of Avicanna's commercialization strategy, the Company will be providing
education and training for HCPs, patients, and medical institutions about
medical cannabis and the RHO Phyto product line. Educational materials can be
found on the Avicanna Academy website at https://www.avicanna.com/the-avicanna-academy/,
including a recording of Avicanna's 3rd annual symposium that was hosted
virtually in partnership with Shoppers on July 21st and was live-streamed by
over 1,000 participants.
1933
Industries Inc. (CSE:
TGIF) (OTCQX:
TGIFF), announced the
introduction of a new line of extra strength products to its extensive wellness
portfolio. The Canna Hemp™ Plus line was developed for consumers who want to
experience the added benefits of increased CBD at competitive prices from a
reliable and trusted brand.
As the health and wellness market
continues to research the power of the cannabis plant, the Company's Canna
Hemp™ brand is applying its expertise in utilizing cannabidiol (CBD) in a
variety of formulas in order to meet the lifestyles and needs of a growing
consumer base. With double the amount of CBD, the PLUS line was designed to
offer competitively-priced products with some of the highest amounts of CBD
found today in the marketplace.
"Our exciting suite of wellness
products continues to grow in a number of segments and price points. Over the
last three years, we have earned the trust of our consumers by offering
products that are effective, reliable and contain the highest quality CBD sourced
in the USA", stated Mr. Eugene Ruiz, President of 1933 Industries. 'Our
best-selling topical Relief Cream and all Elixirs will launch the PLUS line
today, with more products to follow over the coming months."
"We are also pleased to
announce that we have re-priced all of our regular Canna Hemp™ products and we
will be increasing the amount of CBD in the Canna Hemp™ Vape Pens, Lotions and
Lip balms. As the price of CBD has come down, we are passing these savings
along to our consumers", added Mr. Ruiz. "Our leading Canna Hemp ™
line will not only boast the best ingredients and most effective formulations,
but also a highly competitive pricing structure for premium products. There's
never been a better time to discover the many uses and benefits of hemp and CBD
for both the body and mind."
All Canna Hemp™ products are
specifically formulated with the Company's proprietary TerpFX™ blend of real
cannabis-derived terpenes and organic, botanical oils. Terpenes mimic the
profiles of cannabis strains without any THC. In addition to the PLUS line, the
Company recently launched a line of products made with organic hemp seed oil
available via online marketplaces such as Amazon.com and Walmart.com and via
its direct to consumer e-commerce website cannahemp.com.
The
Board of Directors of Province Brands of
Canada, the beverage technology company that has developed a
first-of-its-kind patent-pending process expected to reduce environmental
impact and create beverages and other ancillary products that are less harmful
for human health, announced that
Jennifer Dianne Thomas, Esq. has been appointed
the company's new Chief Executive Officer, effective immediately.
Previously, Ms. Thomas was the Province Brands' Chief Legal Officer. She is
Co-Founder of Province Brands and will remain a member of its Board of
Directors.
Ms.
Thomas replaces Dooma Wendschuh, Co-Founder and CEO since the company was
formed in 2016. Mr. Wendschuh informed the Board in December, 2019, of his
intent to transition from executive leadership, and planning has been underway
since. Mr. Wendschuh remains a full-time employee of Province Brands dedicated
to the company's success as a co-founder.
"Dooma
has taken Province Brands from an idea that met with widespread early
resistance to the verge of market-ready launch with facilities under
construction, valuable IP, a broad vision, emerging product offerings, and he
will remain an important part of Province Brands' future," said Ms.
Thomas. "I'm excited about the road ahead and thank Dooma and the Board
for its confidence and full support."
Ms.
Thomas added: "I'm excited to take over as CEO of Province Brands to
create and deliver new solutions and revenue streams that allow the business to
grow in these challenging times. In addition to innovative thinking, the
current environment in the industry and world at large presents a confluence of
constrains that require risk mitigation and sound legal, financial and
compliance experience that I have accumulated over my 12 years of practicing at
Schulte Roth & Zabel LLP, Jones Day, and with other cannabis companies.
These experiences have prepared me to lead Province Brands' to a bright future.
Since
co-founding Province Brands four years ago, Ms. Thomas has spearheaded multiple
vital strategic initiatives and partnerships, played a major role in managing
the business, overseen all aspects of the company's legal and licensure
strategies, and managed the company's legal and finance department.
"Under
Jennifer's leadership, Province Brands is poised to transform the brewing
industry," said Mr. Wendschuh. "There is no one better suited for the
job, more highly regarded by the team, or more capable to lead this company.
I've been honored to have Jennifer as a partner for the past four years and
I've been thrilled to watch her succeed at every task she's undertaken. Her
bold vision for the company is exciting and I'm thrilled to help her
succeed."
Ms.
Thomas for two years has represented Province Brands on the board of the
Cannabis Beverage Producers Alliance. She founded the State Bar of Georgia's
Cannabis and Hemp Bar Section. Prior to Co-Founding Province Brands, Ms. Thomas
held roles including Corporate Associate at Schulte Roth & Zabel LLP, and
Corporate Associate at Jones Day. She earned her Juris Doctor degree from
Howard University School of Law and holds a Bachelor of Fine Arts degree from
Southern Methodist University.
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