Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 466; (NASDAQ: $GNLN)
(CSE: $PACR.C) (NYSE: $ACB) (CSE: $ISH.C)
Delta, Kelowna, BC, September 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:
https://www.investorideas.com/Audio/Podcasts/2020/091420-StocksToWatch.mp3
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at https://www.investorideas.com/news/2020/cannabis-potcasts/09141GNLN-PACR-ACB-ISH.asp
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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 public and private company announcements.
Greenlane
Holdings, Inc. (NASDAQ: GNLN), one of the largest global
sellers of premium cannabis accessories and specialty vaporization products, announced today that PAX Labs, a leading
consumer technology brand in cannabis, released a new lineup of colors for
their popular PAX 3 cannabis vaporizer.
The device will now come in
Burgundy, Onyx, Sage, and Sand. Intelligent and intuitive, the PAX 3 features
proprietary lip-sensing technology and connectivity via Bluetooth to the PAX
App, which includes full temperature range by degree. The award-winning PAX 3
offers flat and raised mouthpieces, a super-fast 20-second heat-up time, a
conduction oven, multiple temperature settings and dynamic modes, and a 10-year
limited warranty. The device’s long-lasting, rechargeable battery delivers
approximately 8 to 10 sessions per charge.
To celebrate the new collection, PAX
Labs is collaborating with Revelry, a Greenlane partner that creates smell
proof storage accessories, with a special edition of their top-selling Mini
Broker pouch. The collaboration between the two California brands aims to
increase exposure for Revelry, which already enjoys a loyal following with a
wider audience of cannabis consumers.
For a limited time, consumers can
receive a free PAX x Revelry pouch with the purchase of a PAX 3 through select
retailers. This stylish zippered stash bag ($30 value) discreetly serves as the
ultimate system to protect, store and transport the PAX 3 and its accessories.
Constructed from layers of odor-absorbing charcoal and synthetic filters, the
innovative carbon filter system in the Mini Broker pouch traps unwanted smells,
creating an easy and worry-free way to store and transport products.
“We are excited to continue to
elevate the cannabis experience for PAX consumers at every touchpoint. The
launch of these new colorways was the perfect time to collaborate with our
friends and fellow lifestyle-enthusiasts at Revelry,” said Dominic O’Brien,
Chief Revenue Officer of PAX Labs. “Their unique, stylish and functional bags,
designed to go through every part of your day, mirror the essence of our brand
and products: discreet, tasteful and portable.”
“We’re excited to collaborate with
PAX, another Northern California brand that shares our passion for innovation,
quality and design,” says Brandon Stewart, CEO of Revelry Supply. “These two
products are a natural fit and complement each other in every way.”
Purity
IQ
announced that High North Laboratories located
in Woodbridge, Ontario Canada, is now the first approved testing laboratory to
perform testing requirements based upon the established standard operating
procedures, for the Cannabis Authenticity and Purity Standard (CAPS) certification
program.
"It's an honor to be the first
Purity-IQ recognized laboratory in Canada on top of being a part of the
technical working group to help standardize cannabis production, processing,
and testing. There has been a void in the cannabis industry for recognized
standards, as well as confusion on what pharmacopoeia to reference; herbal or
pharmaceutical for example. Being a part of helping standardize proper cannabis
specific procedures for quality and safety will only help our industry and we
are excited to play a role. " states Rick Moriarity, CIO/COO at High
North.
On the tail of the Purity-IQ
Canadian representation, CLIP Labs of Southern California is also the first
US-affiliated cannabis testing Lab approved under its Cannabis Authenticity and
Purity Standard (CAPS) license agreement. Jordan Cohen, CEO at CLIP Labs
comments, “we have recently been awarded accreditation under ISO 17025:2017
standards for cannabis testing laboratories. In most major countries, ISO/IEC
17025 is the standard for which most labs must hold accreditation to be deemed
technically competent. We are excited to be able to represent the Purity-IQ
CAPS program in the State of California and as part of the quality requirements
for third-party certification in the CAPS program and to offer our clients the
opportunity to be referenced in the first and only Global Registry for
Cannabis/Hemp in California.”
Under the CAPS agreement, approved
and accredited labs will collaborate and conduct plant genomic DNA extractions,
metabolomic extractions for NMR analysis as and provide cannabinoid and terpene
analyses for cannabis and hemp cultivars, extracts, and finished products.
PIQ-licensed laboratories will manage agreements with clients in support of the
cannabis/hemp reference libraries.
We are optimistic that the cannabis
supply chain will see value for adopting the CAPS quality management system, as
we continue to develop and populate our Global Registries and reference
libraries for cannabis/hemp, using validated scientific method with our partner
labs. This underpins our ISO-based voluntary requirements, for brand trust
recognition, expresses Paul Valder, Cofounder and Chief Technical Officer at
Purity-IQ.
Purity-IQ is now accepting
applications for approval, from those labs wishing to build value-added
capacity for providing Certificates of Analysis to those companies and brands seeking
third-party certification in the CAPS. Newly approved labs will have the market
advantage in North America to implement these added services using
state-of-the-art, high-performance, and portable benchtop spectrometer
instruments and Bruker Corporation’s Fourier
80-FT-NMR.
Pac
Roots Cannabis Corp. (CSE: PACR) announced the availability of a broadcast
titled, “Cannabis Companies Committed to Quality Carve Niche in
Multi-Billion-Dollar Industry”.
Pac Roots Cannabis Corp. is
dedicated to delivering the finest cannabis genetics to its consumers,
preserving the excellence of its carefully cultivated elite strains while also
working to introduce superior new strains. While some companies may strive to
be the largest cannabis grower, Pac Roots believes that the quality of the
product is paramount. With demand for premium products at an all-time high, Pac
Roots appears to be ideally positioned as a leader in the premium-cannabis
space.
Superior genetics isn’t the only key
to cultivating quality cannabis. Optimized farming systems are essential in the
quest for quality product. In addition to following a tested and refined
cultivation process, the company carefully chooses its cultivation sites,
focuses its operations on the best outdoor growing climates in Canada,
including the South Okanagan Valley and the Fraser Valley Regional District.
Virtual
Investor Conferences, in partnership with KCSA Strategic
Communications, today announced that the presentations from
the September 10th cannabis conference are now available for on-demand viewing
at VirtualInvestorConferences.com.
REGISTER OR LOGIN TO VIEW AT: https://bit.ly/3k1GVej
It is recommended that investors
pre-register and run the online system check to expedite participation and
receive event updates. There are no fees to log-in, attend the live
presentations or ask questions.
September 10th Participating
Companies:
|
Company Name |
Ticker(s) |
|
FinCanna
Capital Corp |
|
|
Aleafia
Health Inc |
(OTCQX: ALEAF | |
|
4Front
Ventures Corp |
(OTCQX: FFNTF | |
|
MariMed
Inc |
|
|
The
Valens Company |
|
|
Driven
Deliveries, Inc |
|
|
Nextleaf
Solutions Ltd |
(OTCQB: OILFF | |
|
Clever
Leaves /Schultze Special Purpose Acquisition Corp |
|
|
Blueberries
Medical Co |
(OTCQB: BBRRF | |
|
Gage
Cannabis Co |
Private
Company |
|
Experion
Holdings Ltd |
|
|
Khiron
Life Sciences Corp |
To facilitate investor
relations scheduling, for more information about the program and to view a
complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.
Aurora
Cannabis Inc. (NYSE: ACB) (TSX: ACB), the Canadian company defining the
future of cannabinoids worldwide, announced today that it has scheduled a
conference call to discuss the results for its fourth quarter and year ended
June 30, 2020 on Tuesday, September 22, 2020 at 5:00 p.m. Eastern Time. Miguel
Martin, Chief Executive Officer, and Glen Ibbott, Chief Financial Officer, will
host the call and a question and answer period. The Company will report its
financial results for the fourth quarter after the close of markets on Tuesday,
September 22, 2020.
Inner
Spirit Holdings Ltd. (CSE: ISH), a Canadian company that has
established a national network of Spiritleaf retail cannabis stores, today announced a third meaningful investment
by an existing institutional shareholder.
The Company has closed a private
placement offering for aggregate gross proceeds of $720,000, issuing 6,000,000
common shares of the Company at $0.12 per share to a UK-based independent
private equity firm. The Common Shares are subject to a four-month hold period
in accordance with applicable securities laws. This is the third private
placement financing completed with the UK-based firm, which now holds 9.7% of
the issued and outstanding Common Shares, bringing the firm's total investment
in the Company to $2.4 million.
"We appreciate the continued
support from a strong and committed institutional partner and we're pleased
with our financial position as we have more than $4.5 million in cash on hand
to fuel an expansion that includes adding corporate stores in key markets. The
58 Spiritleaf stores operating across Canada include a select group of
corporate stores along with a strong base of franchised locations operated by
entrepreneurs serving their local communities," said Darren Bondar,
President and CEO of Inner Spirit.
"Spiritleaf stores across the
country have been recording strong operating performance as the network
matures. Proceeds from today's financing will enable us to selectively add new
corporate-owned stores in targeted markets within Canada," said Bondar. At
the start of this month, the Ontario market had approximately 140 cannabis
retail stores serving a population of 14.7 million residents, which points to a
major market opportunity for cannabis retailers.
The Company also just completed its
virtual Spirit Bus Tour across Canada over the summer which generated sales
growth as well as increased average basket size purchasing by customers. The
tour made stops at every Spiritleaf store where Spiritleaf Collective customer
benefits program members were able to access exclusive promotions and special
edition festival swag. The tour helped the fast-growing Collective program
increase to more than 110,000 members.
The Spiritleaf retail cannabis store
network currently includes a total of 58 stores (47 franchised and 11
corporate-owned) operating in British Columbia, Alberta, Saskatchewan, Ontario,
and Newfoundland and Labrador. Please visit www.spiritleaf.ca
for information on store locations and operating hours.
Due to the COVID-19 pandemic,
Spiritleaf stores are operating with enhanced customer service processes to
ensure the safety of employees and customers. Spiritleaf's Select & Collect
service enables customers to pre-shop and order online prior to pick-up in
store. Customers can also connect with their local Spiritleaf store through the
Collective program to further streamline and individualize the shopping experience.
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.
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