Investor Ideas #Potcasts; #Cannabis News and Stocks on the Move; (NASDAQ: $CRON), (TSX: $ ACB.TO), (TSXV: $LG.V), (TSXV: HVT.V), (TSXV: $N.V)
Pt. Roberts, WA; Delta, BC - June 25, 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 News and Stocks on the Move; NASDAQ: CRON, TSX: ACB, TSXV: LG, TSCV: HVT, 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's podcast features news announcements from Cronos Group Inc. trading on the NASDAQ and TSX as CRON, Aurora Cannabis Inc. trading on the TSX as ACB and the OTCQB as ACBFF, LGC Capital Ltd. trading on the TSX-Venture as LG, Harvest One Cannabis Inc. trading on the TSX-Venture as HVT and Namaste Technologies Inc. trading on the TSX-Venture as N.
Cronos Group Inc. announced that it has entered into a strategic distribution partnership with Delfarma Sp. Zo.o ("Delfarma"). Founded in 2004, Delfarma is a privately owned pharmaceutical wholesaler and was the first company in Poland to introduce international parallel import of medicinal products from European Economic Area countries. Delfarma distributes directly to over 5,000 pharmacies and more than 200 hospitals, a distribution network that reaches approximately 40% of the Polish domestic market.
Under the initial five-year exclusive distribution agreement, Cronos Group's global subsidiaries will supply Peace Naturals branded cannabis products to Delfarma for distribution within Poland. Leveraging Delfarma's extensive distribution network, this partnership provides Cronos with unrivaled access to the Poland market
Aurora Cannabis Inc. announced that the Company, through its wholly owned German subsidiary Pedanios GmbH ("Pedanios"), has become the first licensed supplier of medical cannabis to patients in Malta. The import license issued by the Malta Medicines Authority ("MMA") was received on June 5, 2018, and Pedanios received the necessary export license from German authorities on June 21, 2018. After Germany and Italy, Malta is the third European Union member country where Pedanios currently sells medical cannabis.
LGC Capital Ltd. announced that CLV Frontier Brands Pty Ltd (CLV), a Joint Venture between LGC, Creso Pharma and UK based Baltic Beer Company Ltd is progressing well, with a number of products ready for commercial launch.
- Estonian brewing facility is complete and currently finalizing the development of a range of CLV beers and adult soft drinks.
- Bottling of the first two beers is expected by mid-July 2018.
- Adult soft drinks are now in the final stage of development.
- Brand websites preparing to go live with social media campaigns ready for launch in the coming weeks.
- UK portfolio launch is set for September 2018.
Harvest One Cannabis Inc. has signed a binding Share Sale Agreement with Australian-based MMJ PhytoTech Limited for the purchase of 100% of Israeli-based PhytoTech Therapeutics Ltd. The transaction will be a combination of cash and shares.
Upon completion, $1 million in cash and $7 million in Harvest One common shares issued at the then 10-day volume weighted average closing price, will be paid to MMJ. The sale is subject to customary conditions precedent including MMJ's shareholder approval to be sought at a meeting at the end of August 2018.
Namaste Technologies Inc. announced that the Company has exceeded its July 1st goal and has acquired over 6,000 registered users on NamasteMD with a 4.9-star rating based on 209 reviews on Apple iOS devices and a 4.7-star rating on Google Android based on 106 consumer reviews. These results have exceeded the Company's July 1 target of 5,000 registered users and Namaste anticipates further acceleration of its database during the second half of the year with new marketing initiatives and strategic partnerships including applications of NamasteMD for Indigenous communities, targeted healthcare organizations, digital marketing and high-traffic content networks.
NamasteMD is Canada's first fully-integrated medical cannabis telemedicine application available on iPhone and Android devices, which provides free consultations in an enhanced online environment. Namaste's ability to acquire medical cannabis patients online, with an acquisition cost of only $59.00 per patient, will propel NamasteMD to become Canada's largest database of Canadian medical cannabis patients.
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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