Friday 4 June 2021
Investor Ideas #Potcasts 572, #Cannabis News and #Stocks on the Move (CSE: $PLTH.C) (OTCQB: $PLNHF), (NASDAQ: $CRON) (TSX: $CRON.TO), (TSX: $VLNS.TO) (OTCQX: $VLNCF)
Investor Ideas #Potcasts
572, #Cannabis News and #Stocks on the Move (CSE: $PLTH.C) (OTCQB: $PLNHF),
(NASDAQ: $CRON) (TSX: $CRON.TO), (TSX: $VLNS.TO) (OTCQX: $VLNCF)
Delta, Kelowna, BC, June 4, 2021 (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/2021/060421-StocksToWatch.mp3
Read this in full at https://www.investorideas.com/news/2021/cannabis-potcasts/06041PLTH-CRON-VLNS.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.
Planet 13 Holdings
Inc. (CSE:PLTH) (OTCQB:PLNHF), a leading vertically-integrated
Nevada cannabis company, welcomes recently passed bill 341 allowing
existing licensed dispensaries to operate a consumption lounge co-located with
the dispensary. Planet 13 has reserved an expansive dedicated space within the
Las Vegas SuperStore for a consumption lounge which it will look to get built
as soon as possible.
"We
are thrilled that after the long wait, Nevada will finally be home to
consumption lounges. We've long believed that tourists needed a safe, legal,
and enjoyable place to consume cannabis and have been planning for a
consumption lounge at the SuperStore since the bill was originally proposed two
years ago," said Bob Groesbeck Co-CEO of Planet 13. "Our SuperStore
is one of the only dispensaries with the space on site and the proximity to the
Las Vegas Strip to create a truly Vegas style club. As with the rest of our
dispensary we look forward to setting the bar and showing the industry what is
possible when your goal is to Out Vegas, Vegas."
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), an innovative global cannabinoid
company, and Ginkgo Bioworks, Inc. (“Ginkgo”), which is building the leading
horizontal platform for cell programming, today announced an amended collaboration and
license agreement (the “Amended Agreement”) that will enable the companies to
accelerate the commercialization of cultured cannabinoids at scale.
The
Amended Agreement with Ginkgo will enable Cronos Group to commercialize
products using cultured cannabinoids ahead of reaching the originally stated
productivity targets, while maintaining the incentives to continue to develop
towards and achieve the previously agreed upon efficiency and cost goals. This
approach is expected to facilitate Cronos Group’s cultured cannabinoid products
being first to market in Canada, which will drive significant market knowledge
and consumer insights that are expected to help deliver future novel and
innovative consumer-driven products. Cronos Group expects that the final
productivity target for CBG will be achieved prior to September 2021, as
previously announced.
The
Amended Agreement follows the receipt of Cronos Fermentation’s processing
license in April 2021, and most recently the receipt of its CRA license. With
the Amended Agreement and both licenses in hand, Cronos Fermentation commenced
commercial production of CBG today. Cronos Group is prioritizing rare cannabinoids,
such as CBG, and plans to sequence commercial production and subsequent product
launches based on this approach.
“Beginning
commercial production demonstrates the significant progress underway with our
Ginkgo partnership and the competitive benefits we see in being first to market
with innovative consumer products,” said Kurt Schmidt, President and Chief
Executive Officer of Cronos Group. “Cannabis holds many unique compounds with a
wide range of potential use cases and benefits. By leveraging Ginkgo’s research
platform and our fermentation manufacturing capabilities, we believe we have
disruptive technology that can deliver rare cannabinoids at scale and elevate
the consumer experience.”
“Biological
manufacturing is unlocking access to important cannabinoids that can be scaled
up and produced reliably, consistently and economically,” said, Jason Kelly,
Chief Executive Officer and Co-Founder of Ginkgo. “We look forward to
continuing our work with Cronos to facilitate innovation bringing this powerful
technology to the cannabis industry.”
Goodleaf
Company,
the leading cannabis brand in South Africa, has merged with Highlands Investments, formerly Canopy Growth Africa, in a deal
valued at almost $50million. The transaction has resulted in the largest
vertically integrated cannabis operation in Africa, with an investment in
excess of $25million to date.
"We are delighted to conclude
this merger, and in doing so create Africa's first truly seed-to-sale
offering," says Warren Schewitz, Founder and CEO of Goodleaf. "It's
always been our intention to create a world-class global brand, and as we scale,
access to high-quality supply is essential, which Highlands affords."
"This transaction brings
together two of the biggest cannabis players in Africa," says Jody
Aufrichtig, Founder - Highlands Investments. "Highlands is the first ISO
22000 grade cannabis producer in Africa, the quality of our product is
world-class, this combined offering will enable us to make significant inroads
globally, because we can compete both on quality and price."
Goodleaf, a premium CBD brand, has
commercialized a portfolio of 30 products in multiple categories, and has well
established distribution lines through retail stores, online, wholesale, and
coffee shops in South Africa. Goodleaf's products will soon be exported to
retailers in Asia and Europe.
"Consumers are demanding
quality products with a known origin," says Schewitz. "Lesotho's
pristine growing environment, combined with Highlands commitment to GACP
("Good Agricultural and Collection Practices") and ISO 22000
standards, ensures access to a reliable, certified high-quality supply."
Highlands has a track record of
producing premium CBD flower. In April 2021 it concluded its fourth harvest in
Lesotho, the outdoor harvest yielded almost six tonnes of premium cannabis; a
significant portion is destined for the European medical cannabis market.
Highlands will continue to supply bulk CBD and THC flower, distillate and
isolate to global medical and wellness markets.
"This is a transformational
transaction for Goodleaf as we have diversified our business into a fully
seed-to-sale offering, strengthening our leadership position in the South
African cannabis market. It provides a low cost production base for our product
range as we expand into global markets," Schewitz concludes.
Under terms of the transaction,
Highlands' shareholders will have 35% shareholding in the merged entity, with
Goodleaf being the majority shareholder at 65%. The merged entity will continue
to trade as Goodleaf and Highlands Investments.
The
Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a leading manufacturer of cannabis products, announced that it has launched several new
products in partnership with Verse Cannabis in the flower, pre-roll,
concentrates, and edibles categories. With the continued launch of
next-generation, high quality cannabis products across various categories,
Valens continues to partner with Verse to further its mission to provide all
Canadians with best-in-class formulations in innovative formats at value price
points.
The new products launched under the
Verse Originals line include BC God Bud Flower, Dreamweaver Pre-Rolls and Amp
Pre-Roll, in addition to the Double Chocolate Brownie – one of the first
confectionery products of its kind to hit the Canadian recreational market.
Additionally, the newly launched Killer Kush Live Terp Vape Cartridge and Hash
will be available as part of the Verse Concentrates offering. The launch of
these new products marks Valens' entry into the flower and pre-roll categories,
an offering expansion at the request of its customer base which is represented
by many leading cannabis companies in the country. Additionally, the Company
has expanded its concentrates product offering in the market to include hash
and live terp vape cartridges.
"With these new additions to
the Verse Originals and Verse Concentrates lines, Valens now has products
across all cannabis categories in the Canadian recreational market," said
Tyler Robson, Chief Executive Officer, Co-Founder and Chair of The Valens
Company. "With our proven ability to create innovative products across all
categories, we have not only increased our total addressable market in Canada,
but now hold the capability to increase partnership opportunities with our
enhanced product offering, reach more consumers with our expanded distribution
network, and elevate both the quality and value of products in the Canadian
market today."
Verse
Originals
Verse Originals dried cannabis
products are formulated using premium BC grown bud, available at an attractive
price point without sacrificing quality.
BC God
Bud Flower
Offered in a 28g pouch, the
indica-dominant flower originates from the Purple Kush lineage and features
tropical fruit flavours with undertones of berry, lavender and pine. BC God Bud
Flower is expected to be available in Alberta, British Columbia, Manitoba,
Saskatchewan and New Brunswick in the coming weeks, and Ontario in the third
quarter of 2021.
BC
Dreamweaver Pre-Rolls
Housed in a recyclable metal tin,
the 10-pack indica-dominant 0.35g pre-rolls are flavoured with hints of citrus
and tastes of fresh, earth berries from the OG Kush lineage. The BC Dreamweaver
Pre-Rolls are expected to be available in the coming weeks in Alberta, British
Columbia, Manitoba, New Brunswick and Saskatchewan, and coming to Ontario in
the third quarter of 2021.
Amp
Pre-Roll
Carefully milled, mixed and packed
for an enjoyable steady burn, the 1g Amp Pre-Roll contains a uniquely curated
blend of complementary strains with an energetic, intense and vibrant
flavouring. Each pre-roll is machine slim-rolled using proprietary technology
containing moisture sensors and a weight system to ensure product consistency,
size and shape within the manufacturing process. Packaged in a convenient,
reusable flip top single package, the Amp Pre-Roll is expected to be available
in Alberta, British Columbia and Saskatchewan in the coming weeks and coming to
Manitoba in the third quarter of 2021.
Double
Chocolate Brownie
Following the success of the Baked
Apple and Sour Medley Soft Chews introduced to the market in the first quarter
of 2021, Verse Cannabis has launched its third edible product under the Verse
Originals line, the Double Chocolate Brownie. Infused with a decadent chocolate
ganache and expertly crafted by the team at LYF Food Technologies, the 1-unit x
10mg Double Chocolate Brownie is one of the first confectionery products of its
kind to be available in the Canadian recreational market. The Double Chocolate
Brownie is expected to be available in Ontario in the third quarter of 2021 as
part of a growing selection of soft chews and confectionery products from Verse
Cannabis.
Verse
Concentrates
The Verse Concentrates premium line
of solventless concentrates continues to expand to include two new formats
created with traditional techniques to ensure exceptional quality and
remarkable consistency in the manufacturing process.
Killer
Kush Live Terp Vape Cartridge
The first to launch in a series of
Live Terp products from Verse Concentrates, the Killer Kush Live Terp Vape
Cartridge is curated using a specialized method of CO2 extraction to carefully
remove the complete terpene rich profile of fresh, flash-frozen ultra-premium
and BC sun grown Killer Kush cannabis. Through this process, the fresh live
terpene and cannabis profile of the strain is maximized, translating the
essence of the living plant into an extract comprised of exotic notes and deep
profiles. Now available in Alberta, British Columbia and Saskatchewan, the
Killer Kush Live Terp Vape Cartridge is expected to be coming soon to Ontario,
Manitoba and New Brunswick.
Hash
With a dense but pliable
consistency, Verse Hash contains a unique mix of terpenes that deliver a bold
nose of earthy, pine with light peppery undernotes. Verse Hash is offered in a
convenient 2g format packaged in a resealable pouch for freshness, and is
expected to be available in Alberta, British Columbia and Saskatchewan in the
coming weeks.
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
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.
To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
The Investorideas.com podcasts are also available on
iTunes ( Apple Podcasts) , Audible ,
Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio , Google Play Music and most audio platforms
available.
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 publishes breaking stock news, third party stock research , guest posts and
original articles and podcasts in
leading stock sectors. Learn about
investing in stocks and get investor
ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable
energy, gaming and more. Investor Idea’s original branded content includes
podcasts and columns : Crypto Corner , Play
by Play sports and stock news , Investor Ideas Potcasts
Cannabis News and Stocks on the Move podcast ,
Cleantech
and Climate Change , Exploring
Mining , Betting
on Gaming Stocks Podcast and the AI
Eye Podcast.
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
New stocks in psychedelics (CSE: $MYND.C), defense, green, sports (CSE: $GET.C), health & wellness and plant-based/vegan (CSE: $VEGI.C)
New #Stocks to Watch at Investor Ideas in Mining (CSE: $PRR.C) (CSE: $BDN.C) (CSE: $GMC.C) (CSE: $PLLR.C) and Tech (Nasdaq: $TSP) (NYSE: $COMP)
New stocks in psychedelics (CSE: $MYND.C), defense, green, sports (CSE: $GET.C), health & wellness and plant-based/vegan (CSE: $VEGI.C)
Point Roberts WA, Delta BC, June 4, 2021 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading retail investor and trader resource, announces its weekly roundup of stocks to watch in psychedelics, tech, defense, green, mining, sports, health & wellness and plant-based/vegan. Today’s stocks have been added to our lists of free stock directories in each sector.
Read this in full at https://www.investorideas.com/news/2021/main/06041Stocks.asp
Once again, a number of new companies are recent Nasdaq/NYSE Ipo’s.
Also new are companies recently listed on the Canadian Stock Exchange (CSE).
New Stocks added to Mining Stocks Directory:
Prospect Ridge Resources Corp. (CSE: PRR) is a mineral exploration company engaged in the identification, acquisition and exploration of mineral projects in North America.
Baden Resources Inc. (CSE; BDN) is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada and the USA.
Gaia Metals Corp. (CSE:GMC) is a mineral exploration company focused on the acquisition and development of mineral projects containing base and precious metals, including platinum group elements, and lithium
Forty Pillars Mining Corp. (CSE:PLLR) is a Vancouver, B.C. based mineral exploration company focused on exploring the Silver Dollar Project located in the Greenwood Mining Division, B.C.
New Stocks added to Tech Stocks Directory:
TuSimple Holdings Inc. (NasdaqGS:TSP) is a global autonomous driving technology company, headquartered in San Diego, California, with operations in Arizona, Texas, China, Japan and Europe. Founded in 2015, TuSimple is developing a commercial-ready Level 4 (SAE) fully autonomous driving solution for long-haul heavy-duty trucks. TuSimple aims to transform the $4 trillion global truck freight industry through the company's leading proprietary AI technology, which makes it possible for trucks to see 1,000 meters away, operate nearly continuously and consume 10% less fuel than manually driven trucks.
Compass, Inc. (NYSE:COMP) is a leading real estate technology company, providing an end-to end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively
New Stocks added to Psychedelics Stocks Directory:
MYND Life Sciences Inc. (CSE: MYND) is a leading life sciences company focused on improving mental health. The Company has confirmed access to Health Canada psilocybin research and development through licenses to Chief Science Officer, Dr. Wilfred Jefferies. Patents have been filed based on therapeutic approaches to treat diseases of the Central Nervous System using neuroactive agents including psychedelics and other compounds. Research and development is currently underway.
New Stocks added to Defense Stocks Directory:
IDEX Biometrics ASA (NasdaqGS:IDBA) is a leading provider of fingerprint identification technologies offering simple, secure, and personal touch-free authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices, or gain admittance to buildings with the touch of a finger. We invent, engineer, and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast growing multi-billion-unit opportunity.
New Stocks added to Green Stocks Directory:
Karat Packaging Inc.(NasdaqGS:KRT) is a specialty distributor and manufacturer of a wide range of environmentally friendly, disposable foodservice products and related items, primarily used by national and regional restaurants and in foodservice settings throughout the United States. Its products include food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. The Company’s eco-friendly Karat Earth® line offers quality, sustainably focused products that are made from renewable resources. Karat Packaging also offers customized solutions, including new product development and design, printing, and logistics services.
New Stocks Added to Sports Stocks Directory:
GameOn Entertainment Technologies Inc. (CSE:GET) empowers sports and entertainment content-providers - broadcasters, TV networks, leagues and teams - with the world's most accessible and rewarding shared-viewing experiences via gamification, collectibles and other innovative technologies. On our team and board include leaders from EA Sports, Take-Two Interactive, Comcast, Dapper Labs and the Brooklyn Nets.
New Stocks added to Health & Wellness Stock Directory:
Element Nutritional Sciences Inc. (CSE: ELMT) is an innovative and research driven Canadian nutraceutical company specializing in the development of science based products for the global consumer packaged goods market, with a portfolio focused specifically on men and women over the age of 50. Element’s lead product, Rejuvenate, is a proprietary formulation that is clinically proven to assist in the rebuilding, restoration and rejuvenation of natural loss of muscle mass due to aging or other medical conditions. Element also offers JAKTRX, an elite brand of performance supplements. Element was founded in 2015 and is located in Burlington, Ontario.
New Stocks added to Plant-based/Vegan Stock Directory:
Boosh Plant-Based Brands Inc. (CSE: VEGI) is a Canadian company bringing fast and convenient plant-based comfort foods to the whole family. Boosh believes that going plant-based doesn’t mean you need to give up your favourite foods or flavour.
The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.
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.
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast , Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and the AI Eye Podcast.
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.
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
Learn more about our news, PR and social media, podcast and ticker tag services at Investorideas.com
https://www.investorideas.com/Investors/Services.asp
Learn more about advertising and guest posts
https://www.investorideas.com/Advertise/
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
Thursday 3 June 2021
Wednesday 2 June 2021
Investor Ideas Potcasts 571, Cannabis News and Stocks on the Move; (OTC: $ROSN), (TSXV: $HITI.V) (NASDAQ: $HITI), (TSX: $CWEB.TO) (OTCQX: $CWBHF), (NYSE: $HEXO) (TSX: $HEXO.TO)
Investor Ideas
Potcasts 571, Cannabis News and Stocks on the Move; (OTC: $ROSN), (TSXV: $HITI.V)
(NASDAQ: $HITI), (TSX: $CWEB.TO) (OTCQX: $CWBHF), (NYSE: $HEXO) (TSX: $HEXO.TO)
Delta, Kelowna, BC, June 2, 2021 (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/2021/060221-StocksToWatch.mp3
Read this in full at https://www.investorideas.com/news/2021/cannabis-potcasts/06021ROSN-HITI-CWEB-HEXO.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 public company announcements.
ROSINBOMB (OTC:ROSN), industry leading developer and
manufacturer of the highly acclaimed ROSINBOMB line of solventless extraction
presses and Industry Icon Tommy Chong, recently announced their exclusive
collaboration to offer consumers a custom Tommy-art skinned Rosinbomb Rocket.
In
celebration of the launch, Tommy was a featured guest on CannabisRadio.com’s
Blunt Business Show which can be heard here.
During
the interview Tommy expressed his excitement for this exclusive collaboration
in which his personal artwork and handwritten signature adorn each Rosinbomb
Tommy Chong Rocket, “This rosin press does everything people use to do
manually.” He stated., “This rosin press eliminates all the heavy labor, work,
time and everything else and you get the purest of the pure!” he added as
reference to Rosinbomb’s mission of enabling consumers to craft pure
solventless extract.
Rosinbomb’s
CEO, Fred Angelopoulos said, “Tommy Chong stands among the very few true
Industry and Cultural icons within our industry. He has touted the healing and
wellness benefits of cannabis for almost 50 years and has been a leader in the
industry.” Angelopoulos continued, “It has been our true pleasure and honor to
have partnered with Tommy on this project and we look forward to future
collaborations that celebrate Tommy, our products and the customers who
appreciate us both.”
Ryan
Mayer, Founder & President of Rosinbomb said, “Working with Tommy Chong is
a testament to his legacy and our future. We are overjoyed at the positive
response we’ve received from his fans and our collective customers. Mayer
added, “Tommy is a legend and we felt strongly that our first collaboration
with an influential figure in the industry should be with someone who is not
just an ‘influencer’ but who is and always will be an icon and a champion for
cannabis consumers the world over.”
The
Tommy Chong Rocket priced at $549, is a limited offering and the presses will
be individually hand signed by Tommy as part of a numbered collectible edition
available exclusively at www.rosinbomb.com.
ROSINBOMB
continues to be celebrated by experts and leading media outlets. Forbes.com
called the Rocket ‘Revolutionary Technology That Creates Perfect THC/CBD Rosin
Every time’ and Tech expert website Engadget named the Rocket ‘The Panini Press
Of Weed.’
To
view the complete line of Rosinbomb presses and accessories please visit http://www.rosinbomb.com.
To
view all the other exciting and engaging products from Tommy Chong. Please
visit https://tommychong.com.
High
Tide Inc. (TSXV: HITI) (NASDAQ: HITI), a retail-focused cannabis
corporation enhanced by the manufacturing and distribution of consumption
accessories, announced that the Company's common shares
commenced trading today on the Nasdaq Capital Market under the ticker symbol
"HITI". The Company's Nasdaq listing is expected to increase access
to investment in High Tide from retail and institutional investors around the
world. Furthermore, with access to a much larger capital market, the Company
expects to improve liquidity for its Common Shares and, in turn, optimize its
cost of capital.
High Tide continues to retain its
listing on the TSX Venture Exchange under the symbol "HITI". The
ticker used for the Common Shares traded on the OTC Markets quotation system
under the current symbol "HITID" has been seamlessly transferred to
the new ticker symbol "HITI".
Furthermore, as of today, High Tide
is the first major publicly traded cannabis retailer to begin trading on the
Nasdaq.
"The listing of the Common Shares
on the Nasdaq represents a milestone in the retail cannabis industry and
demonstrates the realization of our efforts in turning High Tide into a
first-class cannabis retailer," said Raj Grover, President and Chief
Executive Officer of High Tide. "High Tide's listing on the Nasdaq gives
us access to one of the world's largest capital markets and is in alignment
with our long-term goals of enhancing shareholder value by increasing
liquidity, optimizing our cost of capital, while furthering High Tide's appeal
to international and institutional investors," added Mr. Grover.
Charlotte's
Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF), the market leader in hemp CBD
wellness products and a Certified B Corporation, today announced the collaboration of its CW
Labs division on a preclinical sleep and anxiety study with the University of
Colorado-Boulder's REACH (Research and Education Addressing Cannabis and
Health) Center. The scientific investigation uses the Company's full spectrum
hemp formulations with CBN (cannabinol) and CBD (cannabidiol) and levels of THC
below 0.3% to examine the impact on anxiety and sleep quality. The Company is the
only hemp CBD brand supporting the University of Colorado REACH Center's
milestone study.
There is limited published
preclinical or clinical data on phytocannabinoids other than CBD and THC,
especially their effect at levels available in commercially sold hemp-derived
CBD supplements. There is some anecdotal evidence on the ability of CBN to help
with sleep but little substantiated clinical or preclinical evidence to
validate these pervasive claims. Long term, it is anticipated that this study
will inform future clinical initiatives to better understand how specific
ratios of cannabinoids and different delivery formats are effective at
supporting improved sleep quality and instilling healthier sleep architecture
in humans.
"Charlotte's Web is committed
to advancing science on the benefits and safety of CBD and other hemp
phytocannabinoids through rigorous scientific investigations such as this sleep
and anxiety study," said Tim Orr, Senior Vice President of Charlotte's Web
and President of its CW Labs division, which currently has more than a dozen
scientific research studies underway.
"We're honored to team up with
CU's REACH Center to explore the potential impacts of full-spectrum hemp
extract with CBD and CBN on anxiety and sleep quality."
Monika Fleshner, PhD, Professor of
Integrative Physiology, and a member of the Center for Neuroscience at the
University of Colorado – Boulder is the project lead, and this preclinical
study will be conducted in her Stress Physiology Laboratory.
"There is a great need for
properly controlled experimental studies that are designed to test the
potential neural and physiological impacts of hemp derived phytocannabinoids.
With support from CU REACH and Charlotte's Web, our research will explore both
the efficacy and mechanisms of how these substances can affect complex
brain-mediated behavior, such as disturbed sleep."
HEXO Corp. (NYSE: HEXO) (TSX: HEXO) , an Ottawa, Ontario-headquartered
consumer packaging goods cannabis company, announced a definitive agreement to acquire
Redecan, Canada’s largest privately owned licensed producer. HEXO promoted the
C$925-million deal as one that will help propel the company to its goal of
being the No. 1 licensed producer by market share in Canada.
This
acquisition follows two other major deals by HEXO this year, including
all-share acquisitions of Zenabis Global Inc. to the tune of $235 million in
February and 48North Cannabis Corp. for $50 million earlier this month.
Founded
in 2013, HEXO’s $925-million acquisition of Redecan will be its largest deal
yet, CEO Sébastien St-Louis told Cannabis
Business Times.
“Well,
I’ve never been afraid of price tags,” he said. “What I look for is what’s the
fundamental value. [Redecan] had the best growth in the whole industry. So, 169
percent growth year-over-year. They’re the most profitable licensed producer in
the industry. And there was a beautiful product overlap. So, from that
perspective, it was a hard opportunity to say no to.”
When
the transaction closes—expected in the third quarter of 2021—HEXO will hold
approximately 17% of the adult-use market share in Canada, according to
St-Louis. That percentage, he believes, would provide HEXO a bigger piece of
the Canadian market than the Tilray-Aphria combo, which closed a megadeal
earlier this month, he said.
In
particular, HEXO will hold top market-share positions in Canada’s four largest
markets: Alberta, British Columbia, Ontario and Quebec. Those four provinces
represent approximately 85% of Canada’s population.
Under
the terms of their share purchase agreement, HEXO will pay Redecan shareholders
$400 million in cash and $525 million through the issuance of HEXO common
shares at an implied price of $7.53 per share.
Redecan
has not traditionally had access to the Quebec market, which is where HEXO was
founded. Meanwhile, Redecan is far ahead of HEXO in the Ontario market,
St-Louis said. From a distribution perspective, there are different retailers
and government entities that control those markets.
Also
making Redecan attractive to HEXO is its consumer loyalty, St-Louis said.
Redecan
is ranked No. 1 in the purchase-to-loyalty conversion metric, with 44% of
consumers who purchase Redecan indicating they would repurchase the brand,
according to Brightfield Group’s brand health portal for Canada. Redecan is
also ranked in the top 10 for converting consumers from awareness to purchase
rate, indicating an overall healthy funnel, according to Brightfield data that
is fielded quarterly via consumer survey and is normalized on age, gender and
province.
“Redecan’s
unwavering focus on the consumer, along with lean operating principles and
highly efficient automated manufacturing technology, have allowed us to
establish a significant presence in the Canadian market,” Redecan co-founder
Will Montour said in the press release announcing the acquisition. “We’ve now
entered a phase where scale is key, and our complementary consumer bases, brand
portfolios and distribution relationships can enhance financial performance.”
“We
really didn’t step on each other’s toes,” he said. “The crown jewel from an
intellectual property perspective is their ‘Redees.’ They have put together a
technology to make marijuana cigarettes that [are] the best in the world. So,
bringing that in as an offering that we then as HEXO can bring into the United
States is very exciting.”
HEXO
and Redecan’s combined strengths should provide a platform for global growth,
leveraging HEXO’s international reach, St-Louis said. HEXO already has a foot
in the U.S. market with CBD beverages available in Colorado under its Truss
Beverages brand.
While
the Canadian market has a bright future, HEXO is positioning itself for future
expansion in the U.S. and Europe with the intention of becoming one of the top
three largest cannabis companies in the world, St-Louis said.
“If
we just hold our market share in Canada, Canadian markets should grow two to
three times over the next few years,” he said. “So, there’s a lot of upside
just in Canada. But we’re quite focused on the United States right now. We
think that there’s an opportunity for us to take a lot of our intellectual
property and export that to the United States. So, [we want] to take our
product line and do things like pre-rolls for the multistate operators and do
things like hash for the multistate operators.”
The
acquisition is pending approval from the Competition Bureau Canada as well as
HEXO shareholder voters, which St-Louis said he foresees as favorable in
closing the transaction.
“Joining
the HEXO team will leverage our combined strengths and accelerate our growth
within Canada and internationally,” Redecan co-founder Pete Montour said in the
press release. “We look forward to building a leading global organization
together.”
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
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.
To hear
more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
The
Investorideas.com podcasts are also available on iTunes ( Apple Podcasts)
, Audible , Spotify, Tunein, Stitcher,
Spreaker.com, iHeartRadio , Google Play
Music and most audio platforms available.
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
publishes breaking stock news, third
party stock research , guest posts and original
articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and
IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor
Idea’s original branded content includes podcasts and columns : Crypto
Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast
, Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and the AI Eye
Podcast.
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
Subscribe to:
Posts (Atom)
-
Investorideas.com - Cannabis Stock News: TransCanna (CSE: TCAN) Product Ranks in Leafly's Top Cannabis Strains List
-
Investorideas.com - CBD Stock News: InnoCan Pharma (CSE: INNO) Announces the Successful Completion of an Independent Clinical Study Demonstr...
-
New #Cannabis Stocks Added to Investor Ideas; (TSX: $FAF.V) (CSE: $STIL.C) (CSE: $ORCD.C) (CSE: $VREO.C) (CSE: $PUMP.C) (OTC: $NUGL) ...