Investor Ideas #Potcasts; #Cannabis News and Stocks on the Move; TSX: $WEED.TO, TSX: $APH.TO, TSXV: $NINE.V, TSXV: $OGI.V
Pt. Roberts, WA; Delta, BC - June 29, 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.
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Investor Ideas #Potcasts; #Cannabis News and Stocks on the Move; TSX: WEED, TSX: APH, TSXV: NINE, TSXV: OGI
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 announcements from Canopy Growth Corporation (TSX: WEED and NYSE:CGC) , Aphria Inc. (TSX:APH and US OTC: APHQF) , DELTA 9 CANNABIS INC. (TSX-Venture :NINE) and Organigram Holdings Inc. (TSX-VENTURE: OGI and OTCQB: OGRMF).
Canopy Growth Corporation announced that it has completed an agreement with the Manitoba Liquor and Lotteries Corporation ("MBLL") to supply the province with high quality cannabis products.
Under the terms of the agreement, Canopy Growth will supply the Manitoba market with up to 6,500 kilograms of cannabis products over the next twelve months to meet demand from the adult use recreational cannabis market set to open on October 17, 2018. Manitobans can look forward to an industry-leading lineup of products from Tweed, the best-known cannabis brand in Canada, as well as partner brands including DNA Genetics and Leafs By Snoop.
The MBLL also retains the right to extend the agreement for up to an additional twelve months. Additionally, Canopy Growth is positioned to increase supply at the request of the MBLL.
Aphria Inc today announced that it has also signed a Supply Agreement with the Manitoba Liquor and Lotteries Corporation ("MBLL") to provide a portfolio of high-quality, branded cannabis and cannabis derivative products for sale in Manitoba's adult-use market.
Under the terms of the Agreement, the Company will supply up to 2.7 million grams of cannabis and cannabis derivative products in the first year of the agreement, including both Ontario and BC dried flower, pre-rolls and cannabis oils. The wide range of products will be available for sale at licensed retailers across the province. It is anticipated that additional products currently being developed by Aphria, such as vapes and edibles, will also be made available in Manitoba when authorized for sale under the Cannabis Act.
DELTA 9 CANNABIS INC. announced that it has also entered into a cannabis supply agreement for the province of Manitoba. Pursuant to the Supply Agreement, signed June 27, 2018, Delta 9 has agreed to make a minimum of 2.3 million grams of cannabis available through Manitoba Liquor and Lotteries Corporation ("MBLL") during the first 12 months of the Supply Agreement.
Under the Supply Agreement, MBLL will supply Manitoba retailers with a range of Delta 9 products ranging from Delta 9's lower-end "House Blend" to a selection of Delta 9's premium cannabis products.
In addition, and separately from the Agreement, Delta 9 will be selling cannabis to other provinces, directly to customers at the Company's network of retail stores, and to customers through its online retail sales portal.
Organigram Holdings Inc. the parent company of Organigram Inc., a leading licensed producer of medical marijuana based in Moncton, New Brunswick, is pleased to announce that it has been approved as a supplier of cannabis for the province of Manitoba.
Organigram has signed two previous memorandums of understanding including an MOU with the Government of New Brunswick (GNB), signed in 2017 to supply a minimum of 5-million grams of cannabis a year worth an estimated retail value of between $40-million to $60-million per year.
In 2018, the Company also signed an MOU with the Prince Edward Island Liquor Control Commission for the distribution of cannabis to the province's adult recreational market. That agreement is estimated to have a retail value of between $8-million to $12-million per year.
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