#Cannabis #Stocks up for Episode 500 of Investor Ideas #Potcasts, Cannabis News and Stocks on the Move; (TSX: $FAF.TO) (CSE: $BAMM.C) (NYSE: $ACB) (TSX: $TGOD.TO) (NASDAQ: $CGC)
Delta, Kelowna, BC, November 24, 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/2020/112420-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2020/cannabis-potcasts/11241FAF-BAMM-ACB-TGOD-CGC.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 will be looking at a few private and public company
announcements.
Body
and Mind Inc. (CSE:
BAMM) (OTCQB:
BMMJ), a multi-state cannabis operator, and Her Highness, a
growing cannabis brand designed to introduce and educate women around cannabis,
announced
today the launch of Her Highness in Nevada through their
production licensing agreement.
Her Highness will launch Quarantine
Queen, a 20-pack of indoor-grown pre-rolls and the brand's fan-favorites Giggle
and High Priestess Vape Pens. Her Highness Lip-Logo canvas totes will be
complimentary with purchases at select dispensaries.
Also launching in Nevada through the
BaM partnership is Her Highness' Last Prisoner Project Pre-Roll collection:
individual pre-roll and lighter sets that portray the moving stories of one of
three women who were incarcerated due to non-violent cannabis offenses.
Proceeds from the Last Prisoner Project Pre-roll collection support women with
cannabis convictions who are working to be released from prison or re-entering
after release.
"We're excited to partner with
Her Highness as the Nevada cannabis market continues to see strong increases in
year over year sales," stated Michael Mills, CEO of Body and Mind.
"Our new production facility combined with our strong distribution
platform offers a turn-key opportunity for Her Highness to grow their innovative
brand in the expanding Nevada market."
Already retailing throughout
California, Her Highness is a cannabis lifestyle brand built with a goal to
capture the female cannabis market. With an elevated range of thoughtfully
reimagined cannabis products for enjoyment and self-care, Her Highness
satisfies every woman's cannabis curiosity and craving.
"We're thrilled to be launching
with Body and Mind as our partner in Nevada. Known for dedication to quality
and effective market penetration, they really understand our brand and passion
for our mission," stated Allison Krongard, co-founder of Her Highness.
"The level of commitment to detail and support we've seen already tells us we're on a path to
success in this excting market."
Her Highness co-founders, Laura
Eisman and Allison Krongard, set out to fill the gap in the market with a
premium cannabis experience that was infused with a sense of play and delivered
with style.
"The Body and Mind
collaboration kicks off Her Highness' expansion beyond California into additional
legal markets throughout the US and internationally," commented Laura
Eisman, co-founder of Her Highness. "BaM was quick to recognize Her
Highness' potential in the Nevada market, specifically in Las Vegas, a city
sure to embrace the brand's bold and glamorous approach and undeniable appeal
to women."
Through the partnership with BaM,
Her Highness' line of cannabis products are now available at dispensaries
throughout Nevada. https://bamcannabis.com/nevada/
Fire
& Flower Holdings Corp. (TSX:
FAF)
and its wholly-owned subsidiary Fire & Flower Inc. announced that
its stores will once again offer free best-in-class home delivery and curbside
pick-up to safely and responsibly service its customers during the
newly-mandated Toronto and Peel region lockdown in the Province of Ontario.
Beginning Monday, November 23,
customers can easily order their cannabis products from Fire & Flower's
Toronto locations using the e-commerce platform at www.fireandflower.com and
choose between either free same-day delivery to their homes or to come to their
nearest store for curbside service, ensuring the health and safety of Fire
& Flower customers and team members.
On Friday, November 20, 2020,
Attorney General Doug Downey approved an emergency order placing the Toronto
and Peel regions under a new lockdown to combat COVID-19. On Sunday, November 22, 2020, Ontario
Regulation 654/20 was made allowing cannabis retail stores located in the
lockdown regions to operate through e-commerce, curbside pickup and home
delivery services. Fire & Flower's
Toronto locations are poised to continue operations through e-commerce and
commence curbside and delivery services immediately.
"We applaud Attorney General
Doug Downey for the practical solution of allowing provincially-licensed
cannabis retailers the same e-commerce abilities of delivery and curbside
pick-up that all other retailers have during this period of lockdown,"
said Trevor Fencott, Chief Executive Officer, Fire & Flower. "This act
allows us to safely provide service to our customers and continue to combat the
burgeoning illegal market during these challenging times."
"As the legal industry steps up
for the second time and invests in safe delivery for our customers, we hope the
Provincial government will recognize that the Ontario Cannabis Store's monopoly
on delivery is an unnecessary burden on public health, taxpayers, customers and
economic growth in the Province" continued Fencott. "Lockdowns will
eventually end, but the road to economic recovery for private business will be
difficult and the large illegal market will continue unchallenged unless the
government makes these changes permanent.
Our customers expect e-commerce and delivery options from every other
kind of retailer in the Province, and deserve to receive equitable treatment
for licensed cannabis retailers."
Fire & Flower and Hifyre™
digital teams are re-establishing the operating procedures and technology that
served safely customers through online payment, curbside pickup and home
delivery services earlier this year when the province was initially combatting
the pandemic.
Fire & Flower has a distinct
competitive advantage as online ordering, curbside pickup and delivery become
available through its ability to communicate with almost 178,000 members in the
Spark Perks program on the Hifyre™ digital platform. The Spark Perks program
provides a robust channel to communicate with consumers, understand their needs
and preferences and drive consumer traffic digitally.
The
Green Organic Dutchman Holdings Ltd. (TSX:
TGOD) (OTC:
TGODF), a leading producer of premium certified organically
grown cannabis, announced that it
has received an Export Certificate from Health Canada. This certificate enables TGOD to complete its
first shipment of medical cannabis to Germany where it will undergo stability
testing, the last step before the Company can commence commercialization in
2021.
"This is an important milestone
as we get ready to begin the international shipping of our certified
organically grown medical cannabis products.
Germany is the first of several markets that we are planning to supply. Other countries that we anticipate shipping
to in the future are Australia and Mexico," commented Sean Bovingdon,
Interim CEO of TGOD. "We chose to
obtain our EU-GMP certification from Germany because of its high standards and
its progressive medical cannabis framework," added Bovingdon.
Lastly we look at comments from the www.WallStreetReporter.com from
both Aurora Cannabis (NYSE:
ACB)
(TSX:
ACB)
CEO, Miguel Martin, who said Aurora is now “Focused on Delivering ‘Quality
Revenue’ through Premium Brands” and Canopy
Growth Corporation (NASDAQ:
CGC)
(TSX:
WEED), CEO David Klein who discussed how “Momentum is
Building - On Path to Profitability”
CEO, Miguel Martin commented,
“...the consumer has demonstrated very dynamic tendencies with market share
moving very quickly between brands, unlike in more stable CPG categories. This
provides us with a great opening for our pivot to premium brands….Data from
Canada and other mature markets indicate that premium and super premium brands
have been and will continue to be successful in all formats. Therefore, Aurora
has a real opportunity for a more articulated and balanced portfolio offering
with a greater focus on higher margin and sustainable premium assets, such as
vapes, pre-rolls and premium flower offerings across multiple price tiers....
We are also working to expand our
leading concentrates and to refocus our dried flower business toward higher
gross profit dollar pools...The key of course, is to ensure that in doing so we
are delivering more dollars to the gross profit line versus simply just
delivering low margin revenue. We are therefore much more interested in our
market share within premium and super premium categories, along with our market
share of categories, such as vapor, pre-rolls and concentrates that are margin
accretive compared to our market share in the deep discount flower
business...our intention is to generate not just revenue but quality revenue,
that will deliver a healthy gross profit dollar as opposed to essentially just
a gross margin percentage.”
CEO David Klein commented,
“...Momentum is building across our key businesses as our new strategy is
coming to fruition. We achieved record quarterly revenue in Q2 led by our Canadian
recreational business and strength across our strategic businesses, including
Storz & Bickel, This Works in BioSteel...We’re continuing to improve
execution and agility. Our fill rates are now consistently exceeding 90%, our
flower quality improvement program is generating positive results, and we’ve
improved our new product development process to allow us to bring better
products to market faster...We’re accelerating our path to profitability,
notably in our largest market, Canada...I’m confident that we’re now firmly on
a path to achieve positive adjusted EBITDA at some point next fiscal year.”
“We’re building a portfolio of
scalable brands across cannabis and CPG. Our goal is to become a
cannabis-focused CPG company. We’re bringing our THC brands such as Tweed and
Houseplant into the U.S. market through multi-state operator relationships or
CBD line extensions. We’re growing new-to-world CBD brands, such as Martha
Stewart, to meet consumer needs. We’re establishing routes to market with our
CPG brands such as BioSteel, This Works, and Storz & Bickel. These are
strong brands in their own right with distinct value propositions. Building
these brands today allows us to generate revenues without the headwinds of
regulatory challenges. And then, we plan to line extend these brands into CBD
or even THC as regulations evolve.We will layer in additional brands over time,
which will create further scale with our existing distribution networks and
further build our relationships with retailers...”
Investors can trade these stocks
and other ideas on our site using our list of top stock trading
apps including Robinhood, Acorn,
Stash and others.
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 other
news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations
of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Investor Ideas does not condone the use of
cannabis except where permissible by law. Our site does not possess,
distribute, or sell cannabis products.
Follow us on Twitter https://twitter.com/Investorideas
Follow
us on Facebook https://www.facebook.com/Investorideas
Follow
us on YouTube https://www.youtube.com/c/Investorideas
Download
our Mobile App for
iPhone and Android
Join
our Investor Club https://www.investorideas.com/membership/
Contact Investorideas.com
800
665 0411
Get more Cannabis Stock Investor Ideas – news,
articles, podcasts and
stock directory
