Investor Ideas Potcasts, Cannabis News and Stocks on the Move; Episode 447 (TSX: WEED) (NYSE: CGC) (NASDAQ: GNLN) (CSE: CRFT) (OTCQB: GPFT)
Delta, Kelowna, BC - July 28, 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:
Investor Ideas Potcasts, Cannabis News and Stocks on the Move; Episode 447 (TSX: WEED) (NYSE: CGC) (NASDAQ: GNLN) (CSE: CRFT) (OTCQB: GPFT)
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.
ShopCanopy serves as the online home for Canopy Growth's growing portfolio of U.S. hemp-derived CBD product lines, and a one-stop shop for over 25 product SKUs from brands such as First & Free, This Works, and BioSteel. The site will continue to feature new brands from Canopy Growth, including the highly anticipated launch of Martha Stewart CBD.
"We're pleased to offer our customers a convenient, one-stop destination for exploring and purchasing Canopy Growth's products in the U.S.," said Sol Clahane, Vice President and General Manager - US Region, Canopy Growth. "As our exciting portfolio of hemp-based CBD products continues to grow and diversify, it's our ambition to offer competitively-priced, high quality products for each consumer need state and price point."
The intuitive, easy-to-navigate site allows consumers to search by brand or product category, such as softgels, oils, topicals or sport. ShopCanopy also features a robust educational component with more than 75 FAQs, blog posts and informative CBD educational material. The content provides consumers with an accessible, transparent, and trustworthy resource for science-backed information on CBD safety, dosing, benefits, product quality and more.
"We know consumers are looking for products they can trust in the nascent CBD industry," continued Clahane. As an industry leader, we see an opportunity to build brand loyalty by dealing directly with consumers through an e-commerce platform that brings Canopy Growth's entire product portfolio together in one place for the first time."
Canopy Growth is committed to selling only high-quality, tested and reliable products, and ensuring it makes no claims unless clinically validated. Every product sold on ShopCanopy will be accompanied by a Certificate of Analysis, which provides consumers with a complete list of third-party verified ingredients and testing to certify precise and accurate labeling of cannabinoid content, purity and safety. Canopy Growth only sells CBD products in states where it is permissible under state law in order to ensure compliance with state consumer protection mandates and following the most stringent state laws regarding sale of CBD. The Company is also abiding by existing FDA regulations for manufacturing, labeling and marketing dietary supplements.
For more information, or to purchase* Canopy Growth products, visit www.shopcanopy.com.
Greenlane Holdings, Inc. (NASDAQ: GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced the launch of VIBES™ Cubano Cones and a new VIBES apparel collection featuring six unique designs across 25 items. VIBES Fine Rolling Papers is a joint venture between Greenlane and Berner the extremely influential rapper, serial entrepreneur, and founder of Cookies. Cultivated and crafted in France, and then cut and kitted in the Dominican Republic, VIBES offers a curated assortment of premium cones, rolling paper and branded accessories with a mission to create the ultimate smoking experience for connoisseurs.
"We created and curated VIBES papers for the connoisseur with the goal of bringing true innovation to the industry. With the introduction of The Cubano, we have innovated upon the standard width and size of a traditional cone. We believe The Cubano uniquely compliments our generation, culture, and my cannabis brand: Cookies. I couldn't be more excited to roll out The Cubano globally," said Berner, CEO and Co-Founder of VIBES Rolling Papers.
The Cubano Cone is longer than a king size paper and significantly wider in diameter. Each cone is meticulously hand rolled with a structure capable of maintaining its shape when packed while the draft angle ensures it burns consistently all the way through. The Cubano is available in all three VIBES paper blends, Ultra Thin, Hemp, and Rice, and can hold up to 8 grams of dry material. As with all VIBES paper products, The Cubano uses all-natural acacia tree gum for a perfect seal. They are currently available in limited quantities through select authorized retailers, and vibespapers.com.
VIBES launched in 2019 and has gained a strong reputation for producing superior quality papers and connecting with consumers in an authentic way. VIBES apparel and accessories have allowed the company to make the jump from rolling papers to establishing itself as a genuine lifestyle brand.
In addition to its new Cubano Cones, VIBES will drop a new apparel collection on its website VibesPapers.com on Friday, July 31st.The collection consists of six new designs: GOAT, Cheetah, 3D, Joint Cloud, Queen, and Block spread across 25 items including shirts, hoodies, sweatshirts, fleece pants, and more. The featured graphics were crowd sourced through VIBES' Instagram art contest held earlier this year in March. This new apparel collection expands on VIBES' line of premium branded accessories. Visit VibesPapers.com after Friday, July 31st, to shop these products and more.
BC Craft Supply Co. Ltd. (CSE: CRFT) announced its first purchase of premium artisanal organic cannabis. BC Craft has purchased 29kg of BC Original Glue, which is pure organic, hand-trimmed, dried flower produced by Coast Mountain Cannabis. The flower will be packaged in beautiful 3.5 gram jars and in premium pre-rolls. BC Craft partnered with Indiva Limited under a master processing agreement ("MPA") that was announced on May 13, 2020, to facilitate the processing and sales of premium cannabis procured through BC Craft's vast network of artisanal craft cultivators. Under the MPA, Indiva brings state of the art processing, sales, and national distribution, which will allow micro and small scale cultivators access to the national recreational market and greater visibility for their brand and quality craft product.
BC Craft offers preferential payment terms for flower, with a 50% deposit and 50% payment within 30 days, thus allowing the Company to partner with premium small scale craft cultivators nationwide. BC Craft's CEO, Matthew Watters stated, "Many of our suppliers have faced significant challenges when entering the regulated market. We chose these terms because while it is reasonable and advantageous for the Company, it also helps the cultivator. Most small batch cultivators are family run businesses and at BC Craft we believe that they deserve to be paid on time and at a fair price."
CMC is a licensed boutique indoor cultivation facility located in Pemberton, B.C. nestled in the heart of the British Columbia's Coast Mountain range. CMC's team takes great pride in producing high quality organic cannabis which is reflected in their latest test results. CMC's founders have deep roots in the Sea-to-Sky corridor; they came together with a shared vision and mission to build a leading edge facility, which respects the traditions of the industry and grows the best organic cannabis. At CMC, innovation and sustainability are at the heart of what they do. As champions of their community and the surrounding environment, they pride themselves on being a craft, ultra-premium producer, employing the best talent in the industry, and delivering a superior product and experience to their customers.
Matthew Watters, CEO further stated, "This is a pivotal moment in BC Craft's vision and mandate to bring the highest quality artisanal cannabis into the legal market and serves to validate the Company's long term business model."
Zylo Therapeutics Inc., developer of the transformational Z-pod™ topical delivery platform, announced that it has entered into an exclusive agreement with Grapefruit USA, Inc. (OTCQB:GPFT) to supply its Z-pod™ system as the technological underpinning of Grapefruit's Hourglass™ time-release cannabinoid topical cream.
Zylo's patented Z-pod™ system is formulated such that it enables a Patchless Patch™ product concept, whereby a topically applied cream provides 'patch-like' sustained release of a payload-such as cannabinoids or lidocaine-but without the hassles, inconvenience, and disposal issues of a patch. With certain payloads, the Z-pod™ delivery system also increases dermal penetration, improves stability, and/or enhances overall bioavailability.
Grapefruit, which holds licenses in California and Illinois to manufacture and distribute cannabis products (see www.grapefruitblvd.com), has exclusivity initially in these two states and has certain rights to expand the territory of exclusivity to other states and to Canada and Mexico. Canada has a well-established legalized cannabis marketplace, and it is anticipated that Mexico will legalize cannabis in the near future.
Grapefruit plans to introduce Hourglass™ on a limited basis to the California retail market by the end of the third quarter and to ramp up production and delivery of the product shortly thereafter. The architecture of the Hourglass™ delivery cream provides Grapefruit with the ability to formulate variations of its Hourglass™ product concept by loading the cream with unique blends of cannabinoids that its customers deem to be efficacious for a given application or desired result.
Scott Pancoast, Zylo's CEO and founder, stated "We are enthusiastic about this partnership with Grapefruit and believe their Hourglass™ Topical Delivery Cream will be a game-changer in the recreational/medicinal full-spectrum cannabis market given the extraordinary advantages over traditional methods of consuming cannabis. We look forward to a long and expanding relationship with the Grapefruit team."
Added Bradley J. Yourist, Grapefruit's CEO, "We are excited and proud to have completed the developmental phase of Hourglass™, our breakthrough full-spectrum cannabinoid time-release topical delivery cream based on Zylo's patented xerogel silica delivery system. We have developed an incredible collaborative working relationship with the Zylo team of scientists, which is evidenced by the scope of our agreement. We believe that Grapefruit's Hourglass™ topical delivery cream is a truly disruptive, breakthrough technology, one that fundamentally changes the way individuals will use cannabinoids to obtain their unique benefits. Destructive and socially distasteful smoking of cannabis flowers and consumption of edibles that are metabolized unevenly are simply no longer necessary to enjoy both the medicinal and recreational benefits of cannabinoids. Furthermore, Grapefruit's Hourglass™ Topical Delivery Cream offers cannabis users a heretofore unattainable level of discretion and anonymity. For example, fellow airline, train or ship passengers, concert goers, and movie or theatre attendees will not be able to detect any telltale odors normally associated with cannabis use."
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