Investor Ideas 'Potcast'; #Cannabis News and Stocks on the Move; TSXV: $EMH.V, TSXV: $ABCN.V, TSXV: $SPN.V
Pt. Roberts, WA; Delta, BC - May 23, 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 new series, Investorideas.com potcasts - cannabis news and stocks to watch plus insight from thought leaders and experts.
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Investor Ideas 'Potcast'; #Cannabis News and Stocks on the Move; Emerald Health, ABcann, Snipp Interactive
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 Emerald Health Therapeutics, Inc. (TSXV:EMH) .ABcann Global Corporation (TSXV: ABCN) and Snipp Interactive Inc. (TSXV: SPN, OTCQB :SNIPF) .
First looking at Emerald Health Therapeutics, Inc. who closed its prospectus sale to a single Canadian institutional accredited investor. Pursuant to the Offering, the Company has issued 4,000,000 units at a price per Unit of $4.20 for gross proceeds of $16,800,000.
The Company intends to use the net proceeds of the Offering to fund the completion of its recently acquired Agro-Biotech facility in Quebec, for working capital, and for general corporate purposes.
ABcann Global Corporation announced the launch of Beacon Medical, its new medical cannabis brand. The goal of Beacon Medical is to help patients and their healthcare providers navigate the complex medical cannabis market to find the best treatment option.
"Our vision is to leverage our unique experience in the global pharmaceutical industry to create one of the most respected medical cannabis companies. The launch of Beacon is an important step towards that vision," stated Barry Fishman, Chief Executive Officer.
ABcann's study conducted on 1,500 Canadians identified that 73% of adult Canadians who are not currently using cannabis, but have a treatable condition, say they lack the appropriate knowledge of how to use medical cannabis, and 67% say they are unfamiliar with how to obtain medical cannabis. With so many Canadians not clear about how to obtain and use medical cannabis, ABcann believes the market is ready for a brand that makes the process easier to navigate.
Beacon Medical will differentiate itself by focusing on the patient experience: simple registration and product classification, efficient purchasing, pharmaceutical-grade products, and compassionate customer service.
Beacon Medical invites investors, media and consumers to get a first glimpse of the new Beacon brand at the Lift Expo taking place in Toronto from May 25th to 27th, 2018. The full Beacon Medical website and product line, which will include the introduction of cannabis oils, will be available to ACMPR patients by early summer 2018.
Finally looking at Snipp Interactive Inc. a global provider of digital marketing promotions, rebates and loyalty solutions, today announced that it has signed a Master Services Agreement with CLS HOLDINGS USA, who is in the process of finalizing its purchase of Oasis Cannabis a "seed to sale" company focusing on Cultivation, Production and Dispensaries. CLS showed interest in Snipp's solutions by signing up on its recently launched Cannabis Marketing Resource Center ("CMRC").
In addition, CLS is the developer of a proprietary patent-pending extraction and conversion methodology that has potential to increase yield and quality of cannabinoid oils extracted from cannabis plants.
Snipp will, pursuant to the MSA, implement a customer retention and management platform covering all CLS locations across Snipp's, SnippCheck, SnippRewards and SnippLoyalty platforms. Snipp will leverage the accumulated knowledge and deep expertise it has acquired in designing and launching marketing programs in other highly regulated industries like Pharma, Alcohol and tobacco to help CLS run effective and legally compliant promotion and loyalty programs to meet their marketing objectives.
"We have explored a number of loyalty platforms and after extensive review and consultation with Snipp have concluded that Snipp's robust and highly flexible platform allows us to deploy a system that we can leverage as we grow the CLS platform" said Jeff Binder, CEO of CLS.
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