Investor Ideas #Potcasts; #Cannabis News and Stocks on the Move; (TSXV: $HVT.V), (CSE: $HUGE.C), (TSXV: $N.V), (TSXV: $POCM.V), (CSE: $MMEN.C, OTCQB: $MMNFF)
Pt. Roberts, WA; Delta, BC - June 18, 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.
Listen to the podcast:
Investor Ideas #Potcasts; #Cannabis News and Stocks on the Move; TSXV:HVT, CSE:HUGE, TSXV:N, TSXV:POCM, OTC:MMNFF
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 from Harvest One Cannabis Inc. traded on the TSX-Venture as HVT, FSD Pharma Inc. trading on the CSE as HUGE, Namaste Technologies Inc. trading on the TSX-Venture as N, POCML 4 Inc. trading on the TSX-Venture as POCM and MedMen Enterprises Inc. trading on the CSE as MMEN and OTCQB as MMNFF.
Harvest One Cannabis Inc. announced that its wholly owned subsidiary, United Greeneries, has received a Dealer's License pursuant to the Controlled Drugs and Substances Act under Health Canada.
The license now allows UG to import narcotics into Canada, including its signature Gelpell Microgel CBD capsules that are produced in Switzerland and that are already sold as a nutritional supplement in the European Union and as a prescription drug in Australia.
The Dealer's License will also further allow the Company to export its medical cannabis products to other markets with favourable medical marijuana regulations, including Germany.
As well, the Company will further engage in research and development of cannabis infused products and is preparing a state-of-the art product development centre at its Duncan facility in British Columbia, planning to soon offer several value-add services to the industry, including a full quality control laboratory and co-packaging.
FSD Pharma Inc. has been added to the CSE 25 Composite Index, effective after the close on Friday, June 15, 2018. The Company met index entry requirements and bypassed the typical seasoning period for a new entrant due to its placement in the top quartile of the Index. The Company is pleased to see FSD recognized so quickly as a "cream of the crop" new entrant on the Index.
FSD Pharma, owns, through its wholly-owned subsidiary FV Pharma Inc., a license to produce marijuana under the Access to Cannabis for Medical Purposes Regulations (ACMPR) which was originally granted on October 13, 2017. Headquartered at the former Kraft plant in Cobourg, Ontario, approximately an hour's drive from Toronto, FSD Pharma's management's mission is to transform the facility into the largest hydroponic indoor cannabis facility in the world.
Namaste Technologies Inc. announced that further to its January 18th, 2018 letter of intent, that the Company has signed a subscription agreement to acquire 10% of the issued share capital of Israeli licensed producer of medical cannabis, Cannbit Ltd for NIS 2,500,000 or approximately CAD $908,000, which includes a combination of both cash and shares.
Cannbit has also signed a binding agreement to complete a merger with a company listed on the Tel Aviv stock exchange, whereby Cannbit will retain 85% ownership of the combined public entity. This is expected to increase Cannbit's value significantly higher than what Namaste acquired its 10% equity stake for. In anticipation of closing this transaction, Namaste has established a supply arrangement with Cannbit to export cannabis to the Canadian market (subject to approval by Health Canada and the Israeli government) and will also engage with Cannbit to expand the Company's Israeli-based vaporizer sales platform.
POCML 4 Inc. announced that MediPharm Labs Inc. has commenced the construction of its world-class extraction facility in Australia, through its subsidiary MediPharm Labs Australia Pty. Ltd. MediPharm has signed a binding letter agreement with POCML which outlines the general terms and conditions pursuant to which POCML and MediPharm have agreed to complete a transaction that will result in a reverse take-over of POCML by the shareholders of MediPharm. For further information regarding the Transaction, please refer to the press release of POCML dated May 15, 2018 available on SEDAR at www.sedar.com.
Finally looking at MedMen Enterprises Inc. who announced today that the OTC Markets Group has approved the listing of the Company's subordinate voting shares on its OTCQB Venture Market under the ticker symbol "MMNFF". MedMen's subordinate voting shares began trading on the OTCQB at the opening of the market today. The Company's subordinate voting shares continue to be listed on the Canadian Stock Exchange (CSE) under the ticker symbol "MMEN". MedMen's subordinate voting shares are also eligible to be deposited into the Depository Trust Company (DTC), one of the world's largest securities depositories and electronic clearing and settlement service provider, for its common shares trading under OTC.
"With our subordinate voting shares now trading on the OTC, U.S. investors can more easily access one of the leading cannabis companies in the country with assets in the top strategic markets: California, Nevada, and New York," said Adam Bierman, MedMen's co-founder and chief executive
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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