Investor Ideas #Potcasts; #Cannabis News and Stocks on the Move; (NASDAQ: $CRON), (NASDAQ: $NEPT), (CSE: $HUGE.C), (TSXV: $KHRN.V), (CSE: $CHOO.C)
Pt. Roberts, WA; Delta, BC - June 19, 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; NASDAQ: $CRON, NASDAQ: $NEPT, CSE: $HUGE.C, TSXV: $KHRN.V, CSE: $CHOO.C
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 Cronos Group Inc. (NASDAQ: CRON and TSX: CRON) , Neptune Technologies & Bioressources Inc. (NASDAQ: NEPT and TSX: NEPT) , FSD Pharma Inc ( CSE:HUGE) , Khiron Life Sciences Corp. (TSXV: KHRN ) and Choom™ ( CSE: CHOO and OTCQB: CHOOF).
Cronos Group Inc. announced that Cronos Australia Pty Ltd. has been granted a medicinal cannabis Manufacture License by the Australian Office of Drug Control. This license permits manufacturing of cannabinoid based products in Australia and is required for all forms of extraction, refining, concentration and transformation of the cannabis plant.
"We are thrilled that Cronos Australia was granted the Manufacture License, circling out the licenses for domestic production which include the medicinal cannabis Cultivation License and Research License," said Mike Gorenstein, CEO of Cronos Group. "This is a key step for expanding our research and product development while also allowing us to produce the full scope of cannabis products for the region."
Neptune Technologies & Bioressources Inc. today announced that it entered into a multi-year agreement with Canopy Growth. Under the terms of the agreement, Neptune will supplement Canopy Growth's extraction, refinement, and extract product formulation capacity.
"We are truly excited to partner with such a great company as Canopy Growth. This multi-year agreement, including minimum volume commitments, will be supported by Neptune's decades of experience in extraction, purification and formulation of value added differentiated science-based products," said Michel Timperio, President of Neptune's Cannabis Business.
FSD Pharma Inc. announced the signing of a partnership agreement between FV Pharma Inc., a wholly-owned subsidiary of the Company, and Cannara Biotech Inc. effective May 31, 2018. The agreement creates the ability for the Company to become the largest indoor medical cannabis growing operation in North America. Together, FV Pharma and Cannara have a combined floor space of over 1.245 million square feet of indoor growing capacity.
Khiron Life Sciences Corp., a Canadian integrated medical cannabis company with its core operations in Colombia, announced today that its newly appointed Vice President of Compliance, Matt Murphy, appeared on CBS Network's June 17, 2018 airing of 60 Minutes to discuss important aspects of the U.S. opioid crisis. Murphy, a former Chief of Pharmaceutical Investigations for the DEA, is an internationally recognized security expert with broad-based domestic and international expertise in the fields of drug law enforcement, risk assessment and system development, regulatory compliance, and training.
Murphy and other senior U.S. Drug Enforcement Administration (DEA) agents revealed in the program detailed investigative accounts that expose a failure by the U.S. pharmaceutical industry to regulate itself and stem the massive flow of opioid-based painkillers into the consumer marketplace.
In response to the problems highlighted in the CBS program Mr. Murphy stated, " Opioid abuse is one of the greatest preventable global crisis of our times. Yet research has found that the use of opioids and the associated morbidity and mortality among vulnerable populations can be drastically reduced through properly managed and controlled medical cannabis programs."
Choom™, an emerging, fully-integrated cannabis company, announced that it has advanced the build-out of its cannabis retail store network in Alberta and British Columbia.
Choom™ has secured the rights to an additional 7 retail locations in Alberta. Choom has 25 leases in highly strategic and secure locations in Alberta with 24 applications submitted. Choom has also secured 3 additional B.C. retail leases, combined with the existing 7, for a total of 10 retail opportunities in B.C. In all cases, the retail opportunities are subject to all necessary governmental and municipal approvals being granted. This number is expected to grow over the coming months as the Company is currently negotiating additional leases with the intention of submitting applications for retail licenses.
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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