Investor Ideas 'Potcast'; #Cannabis News and Stocks on the Move; NYSE: $CGC, CSE: $ATT.C, CSE; $CHV.C, CSE: $LILY.C, TSXV: $HIP.V
Pt. Roberts, WA; Delta, BC - May 24, 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; Canopy Growth, Abattis, Canada House Wellness, Callitas, Newstrike
Today's podcast overview/transcript: NYSE: $CGC, CSE: $ATT.C, CSE; $CHV.C, CSE: $LILY.C, TSXV: $HIP.V
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 Abattis Bioceuticals Corp. trading on the CSE as ATT and OTC as ATTBF, Canada House Wellness Group Inc. trading on the CSE as CHV, Callitas Health Inc. trading on the CSE as LILY and the OTCQB as MPHMF and Newstrike Resources Ltd. Trading on the TSXV as HIP.
But first we take a look at Canopy Growth Corporation trading on the TSX as WEED who announced that it expects its common shares will begin trading under the ticker symbol "CGC" on the New York Stock Exchange today.
This listing follows a history of firsts for the Company including being the first publicly traded, federally regulated cannabis company in North America, and the first to be included in the S&P/TSX Composite index.
"We're a company focussed on leadership, vision, and integrity and listing on one of the most prestigious exchanges in the world validates the level of execution and ambition our team has demonstrated," said Bruce Linton, Chairman & CEO, Canopy Growth. "Five years ago, as a small Smiths Falls based start-up in the cannabis sector, we could have never imagined this historic moment. I am exceptionally proud of our team for what they have built and what we will continue to build by continuing our focus on research, product innovation, and intellectual property to drive the industry forward around the world."
Next going to Abattis Bioceuticals Corp. and its wholly-owned subsidiary, Vergence Naturals Ltd. Who have launched their "Live. Love. Life. Naturally!" marketing campaign to build awareness for their naturally inspired health and beauty brands for the conventional and cannabinoid-enhanced markets.
The campaign is designed to promote the products and services of Vergence and the Company's other affiliates. "We are very pleased with the consistent progress being made through our marketing and distribution arm, Vergence," stated Rob Abenante, President and CEO of Abattis. "With the appointment of Dr. Brazos Minshew as Head of the Company's Medical Advisory Board and President of Vergence's Corporate Advisory Board, we look forward to the development of new formulations and innovative natural products for the conventional and cannabinoid-enhanced markets," added Mr. Abenante.
Canada House Wellness Group Inc announced that it has signed a Memorandum of Understanding (MOU) with The University of New Brunswick (UNB) to provide researchers with opportunities to pursue the health benefits of cannabis.
"We're excited to be working with Canada House's team of medical, technological, scientific and business professionals to further build on UNB's status as the leading academic and research-based university," said Dr. David MaGee, vice-president of research at UNB.
Canada House is a diversified group of companies with a broad range of expertise relating to the cannabis industry. Through the partnership, UNB and Canada House hope to provide researchers with opportunities to discover crucial information on the use of cannabis as a medicinal product. It will also allow for shared technology research and development and the exploration of shared education and outreach opportunities.
"We are pleased to be partnering with an academic institution of such high reputation, and rich history, as UNB," said Larry Bortles, chair and CEO of Canada House. "As our industry continues to grow and expand, we are very excited at the potential of what we will accomplish together to change perceptions, not just in New Brunswick, but globally, of the efficacy of medicinal cannabis and it's wide range of curative potential."
The MOU continues UNB's commitment to strengthening the provincial economy through innovative natural product research
Callitas Health Inc. an integrated clinical-stage pharmaceutical development and OTC consumer goods marketing company, announced today that it has signed an Exclusive Development and Intellectual Property Agreement for its patent-pending CannaMint Strips. The Company has contracted with a confidential OTC pharmaceutical development and custom packaging company to help develop, contract manufacture and package the Company's CannaMint Strips for worldwide distribution. The confidential OTC pharmaceutical company already has patented and patent-pending substrate technology for extended release oral films that will further enhance the Callitas patent-pending delivery.
The proprietary, patent and trademark-pending CannaMint strips for THC and CBD provide a unique opportunity for Callitas to position itself in the cannabinoids market. "Our patented and patent-pending technologies have the potential to be game-changers as delivery mechanisms for CBD and THC," said James Thompson, Callitas' Interim President and CEO.
In addition to the signed agreement, the Company has filed additional trademarks for CannaStrips and CanRelief. "Trademark protection for our additional cannabis-related products not only protects our technology, but our shareholder's investment and long-term value as well," Mr. Thompson said.
Finally Newstrike Resources Ltd announced that it has entered into an agreement with a syndicate of investment dealers co-led by Cormark Securities Inc. and INFOR Financial Inc. pursuant to which the Underwriters have agreed to purchase 53,350,000 units from the treasury of the Company, at a price of $0.75 per Unit and offer them to the public by way of short form prospectus for total gross proceeds of approximately $40 million. Each Unit will consist of one common share of the Company and one-half of one Common Share purchase warrant of the Company.
Each Warrant will entitle the holder thereof to purchase one Common Share at a price equal to $1.00 for a period of 60 months following the closing of the Offering.
The net proceeds of the Offering shall be used for growth initiatives, working capital and general corporate purposes.
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