Investor Ideas #Potcasts: #Cannabis News and Stocks on the Move; (CSE: $BE.C), (TSXV:$RLV.V), (NASDAQ: $MBII), (TSXV:$OGI.V), (CSE:EHC.C)
Pt. Roberts, WA; Delta, BC - June 4, 2018 (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 edition of its series, Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
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Investor Ideas 'Potcast'; #Cannabis Stocks on the Move; Beleave, Relevium Technologies, Marrone Bio Innovations, Organigram Holdings, Eviana Health
Today's podcast overview/transcript:
Good afternoon and welcome to another Investorideas.com potcast - looking at cannabis news, stocks to watch as well as insights from thought leaders and experts. Today we are looking at announcements from Beleave Inc. (CSE : BE ,OTCQX :s BLEVF), Relevium Technologies Inc. (TSX-V: RLV, OTCQB: RLLVF), Marrone Bio Innovations, Inc. (NASDAQ : MBII), Organigram Holdings Inc. (TSX V: OGI , OTCQB:OGRMF ) and Eviana Health Corporation (CSE: EHC , OTC: EVNNF).
First looking at Beleave Inc., a diversified biotech company with a purpose-built ACMPR licensed cannabis facility near Hamilton, Ontario and patient services clinics operating across Ontario under the Medi-Green brand, announced that the Company has been selected to operate one of Saskatchewan's upcoming cannabis retail stores.
Cannabis retail stores in the province must be standalone operations, selling only cannabis, cannabis accessories and ancillary items as defined by Saskatchewan Liquor and Gaming Authority ("SLGA"). Beleave has 45 days to begin the permitting process. As a condition of the permit, the Company must be operating within 12 months of legalization. The permit will not take effect until legalization occurs, expected later this year.
"This announcement confirms our commitment to expand the reach of Beleave's product and service offerings throughout our Canadian network, whether it be through retail stores or online sales and shipping," said Beleave CEO Andrew Wnek. "We're excited about being a part of the Saskatchewan community, and we thank the SLGA for including us in the province's upcoming cannabis retail system."
Relevium Technologies Inc. announced that, through its wholly-owned subsidiary Biocannabix ("BCX"), it has selected a 93,000 square foot facility in Montreal, Quebec with the objective of cultivating premium organic cannabis.
With the assistance of PipeDreemz Inc., Relevium has conducted initial assessment on the facility, a 93,000 Sq. Ft industrial building located adjacent to the TransCanada Highway, Trudeau International Airport and about 20 minutes from downtown Montreal. The building has been selected as a desirable location with a low risk profile for the application submission to Health Canada for an ACMPR cultivation license. Biocannabix will be leveraging the vast experience of lead consultant George Routhier and his company PipeDreemz Inc., a company with a remarkable 100% rate of success with ACMPR licensing from Health Canada.
Aurelio Useche, CEO of Relevium stated: "The strategy of Biocannabix will not be catered around being the lowest cost producer, but rather on being a premium and custom producer focused on consumer packaged goods to be sold through Relevium's current and new brands." Mr. Useche stated further: "The value in the supply chain will be in developing trusted, unique, ultra-premium product for luxurious brands."
Marrone Bio Innovations, Inc., a leading provider of bio-based pest management and plant health products for the agriculture, turf and ornamental and water treatment markets, announced the launch of REGALIA CG, GRANDEVO CG and VENERATE CG, a portfolio of products designed to control highly destructive pests and diseases, including powdery mildew, mites, thrips and aphids, during Cannabis production and home gardening.
REGALIA CG, GRANDEVO CG and VENERATE CG are multi-state-approved and extremely effective biological crop protection solutions for clean green cultivation, with the ability to generate increased yield and improved quality by reducing stresses from plant disease and insect and mite pests to the plant. When incorporated into an Integrated Pest Management (IPM) program, these products can serve as the fundamental difference for successful growers.
Organigram Holdings Inc. and Eviana Health Corporation jointly announced that the Companies have entered into a non-binding term sheet whereby Organigram will make a significant equity investment into Eviana. Additionally, the Term Sheet contemplates Organigram entering into an offtake agreement with Eviana for up to 50% of the cannabidiol ("CBD") production of Eviana for a period of five years, subject to adjustment based on Organigram's equity interest in Eviana.
"This agreement is a key facet of our ongoing international expansion efforts," explains Greg Engel, CEO, Organigram. "Our investment and concurrent offtake agreement with Eviana will provide Organigram with a source of low-cost, high-quality CBD for the burgeoning medical market within Europe. The proven cultivation and processing costing model that Eviana has developed will allow us to bring a range of innovative products to the global CBD marketplace."
This potential investment supports Organigram's aggressive growth strategy and helps ensure that Organigram is well prepared to meet the international demand for CBD oil.
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