Investor Ideas #Potcasts; #Cannabis News and Stocks on the Move; TSX: $APH.TO, TSX: $WEED.TO, TSX: $TGOD.TO, CSE: $RQB.C, TSXV: $N.V
Pt. Roberts, WA; Delta, BC - June 6, 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 #Potcasts; #Cannabis Stocks on the Move - TSX:APH, TSX:WEED, TSX:TGOD, CSE:RQB, TSXV:N
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 Aphria Inc. trading on the TSX as APH and US OTC as APHQF, Canopy Growth Corporation trading on the TSX as WEED and NYSE as CGC, The Green Organic Dutchman Holdings Ltd. trading on the TSX as TGOD, RavenQuest BioMed Inc. trading on the CSE as RQB and Namaste Technologies Inc. trading on the TSX-Venture as N.
First looking at Aphria Inc., who announced that the company's Board of Directors approved a $55 million capital project to build a state-of-the-art Extraction Centre of Excellence in Leamington, ON. The facility will be equipped to conduct a wide range of cannabis extractions, including C02, butane and ethanol, and produce world-class cannabis concentrates, including fractionated distillates. Construction of the new Extraction Centre of Excellence is expected to begin immediately, and the facility is scheduled to release its first concentrates by March 2019.
The custom designed facility will house two Class 1/Division 1 extraction rooms as well as production, packaging facilities and will have the capacity to process in excess of 200,000 kgs of cannabis annually.
Canopy Growth Corporation announced that it will contribute CDN $2.5 million to the University of British Columbia and BC Centre on Substance Use to fund research into the potential utility of cannabis in addressing the overdose crisis. The funds, provided over a two-year period, will establish the Canopy Growth Professorship in Cannabis Science and create an enduring legacy of research through the Canopy Growth Cannabis Science Endowment Fund.
The Green Organic Dutchman Holdings Ltd. announced the launch of a global division focused on the beverage industry.
TGOD senior management has over 125 years of combined experience in the beverage industry, with international soft drink and beverage alcohol companies in Canada and the United States. The Green Organic Dutchman Beverage Division will utilize this experience to provide a strategic pathway into the cannabis market for large-scale beverage companies by way of direct investment, joint venture or other suitable opportunities.
RavenQuest BioMed Inc. announced that it has entered into a binding letter of intent with Western Agripharma Ltd. and NumberCo for the acquisition of all the outstanding share capital of Western Agripharma and a fifteen acre parcel of land held by NumberCo.
Western Agripharma is a late stage applicant with Health Canada in the development of a 125,000 square foot facility, purpose-built for the production of cannabis in Port Mellon, on British Columbia's Sunshine Coast. Western Agripharma also owns 23.75 % of Atlantic Cannabis Corp. which intends to build a 50,000 square foot facility and holds an additional 120 acres in early stage application on Nova Scotia's Cape Breton Island.
Finally with Namaste Technologies Inc. who announced that the Company has signed a supply and distribution agreement with Lowell Herb Co. to launch Lowell Smokes brand of ultra-premium cannabis products for the Canadian recreational and medical cannabis markets. In anticipation of Canada's roll-out of legal recreational cannabis, the Agreement represents a strategic partnership between Namaste and Lowell Smokes to leverage Namaste's resources and Lowell's international brand appeal. Namaste will work with Lowell Smoke's procurement team to source the highest quality cannabis grown with organic methods and facilitate packaging and distribution through the Company's wholly-owned subsidiary, Cannmart Inc. Namaste anticipates a strong demand for organic cannabis products as the general consumer market becomes more conscious of the products they consume.
Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and 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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