Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: $WEED.TO, NYSE: $CGC, NADSAQ: $CRON, TSX: $CRON.TO, CSE: $THC.C, CSE: $CRZ.C
Delta, Kelowna, BC - August 9, 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: TSX:WEED.TO, NYSE: $CGC, NADSAQ: $CRON, TSX: $CRON.TO, CSE: $THC.C, CSE: $CRZ.C
Today's podcast overview/transcript:
Good morning 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 will be looking at announcements from THC BioMed Intl Ltd trading on the CSE as THC, CannaRoyalty Corp. trading on the CSE as CRZ, Canopy Growth Corporation trading on the TSX as WEED and the NYSE as CGC and Cronos Group Inc. trading on the NASDAQ and the TSX as CRON.
THC BioMed Intl Ltd announced that it has developed a cannabis beverage that mimics alcohol in that the uplifting and energizing effects of the cannabis is felt by the consumer in a short period of time. THC believes that this beverage is a solution to a major problem with cannabis beverages and edibles, as current products cause fatigue and drowsiness.
John Miller CEO comments "THC has conducted extensive research on cannabis edibles and beverages and I have found our product to be exclusive in its category. Our product is absolutely unique in contrast to other products in the industry that simply cannot deliver the expected experience, especially if you are a frequent cannabis user. We are thrilled to have formulated a cannabis beverage that is purely organic, works in a recreational setting and can offer even the most seasoned consumers an entirely new and invigorating experience."
Furthermore, it is the first cannabis beverage known to THC that delivers both mental and body highs through ingestion. THC intends to patent this formula and the Company is confident its beverage, to be named "THC KISS", when legally allowed, will bring a fresh experience to the adult use recreational cannabis market.
Although production and sale of the beverage is not currently legal in Canada, it may become legal at a later date.
CannaRoyalty Corp., a leading North American cannabis products and brands company, today announced the close of the previously announced acquisition of its investee company Anandia Laboratories Inc. by Aurora Cannabis Inc. for approximately $115 million.
Under CannaRoyalty's formerly disclosed investment relationship with Anandia, CannaRoyalty initially invested approximately $4 million in Anandia, in February 2017. With the close of the Acquisition, CannaRoyalty's equity stake in Anandia is valued at approximately $17 million based on the closing price of Aurora shares on August 8, 20181, representing a return on investment of approximately 315% for the Company's shareholders.
Canopy Growth Corporation announced the acquisition of all remaining outstanding shares of its Chilean in-market entity, Spectrum Cannabis Chile SpA.
This transaction brings Spectrum Cannabis Chile fully under the Canopy Growth umbrella and directly supports the Company's plans for development within the LATAM region which is home to more than 600 million people. Thanks to progressive regulations and Government support, Chile is known throughout Latin America as an ideal location for medical and pharmaceutical research. The country has more clinical studies per resident than any other in Latin America.
In line with the Company's strategy of leveraging the strengths of each country, Chile will continue as Canopy LATAM's regional research and development hub. Currently, Spectrum Cannabis Chile has a pain management focused clinical trial underway. The trial which has been approved at both Phase I and Phase II was designed by Dr. Serio Sánchez, a Chilean doctor, medical cannabis pioneer, and the founder of Cannabis Chile, one of the country's leading cannabis advocacy groups.
In addition to advancing this clinical trial, Dr. Sánchez has joined the leadership team of Spectrum Cannabis Chile and will bring his extensive experience to the organization by serving as the Chilean medical lead. He will also serve on the Medical Board for Canopy LATAM, the company's regional headquarters. Having treated over 5000 patients with medical cannabis, Dr. Sánchez has a wealth of experience in evaluating and advancing the recognition as well as use of cannabis-based medicines.
Cronos Group Inc. announced that it has entered into a supply agreement with one of the largest cannabis companies in the world by revenue in the first quarter of 2018, Cura Select Canada, Ltd. Cura is on a mission to be the leading provider of premium cannabis oil and hemp oil to the legal U.S. and international markets, and will enter the Canadian market to supply domestic and international channels through this agreement.
The Company has signed a five-year take-or-pay supply agreement to purchase a minimum of 20,000 kilograms of cannabis per annum from Cronos Growing Company Inc. Cura expects to build its proprietary, state-of-the-art extraction facility on a parcel of land owned by Original BC ("OGBC") in the heart of Okanagan Valley, British Columbia. Given the commitment that both companies have to providing consumers with the best product quality, Cronos will be selecting and cultivating ideal strains for Cura's extraction methodology. The new facility is intended to serve as Cura's hub for the Canadian and international market.
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
Subscribe to the new cannabis podcast series:
To hear more Investorideas.com podcasts visit: http://www.investorideas.com/Audio/.
Investorideas.com podcasts are also available on iTunes, Google Play Music, Stitcher and Tunein.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the Stock Guru daily podcast on Support and Resistance Trading.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Follow us on Social Media
Do you trade or invest in Marijuana / Hemp Stocks? Check out our stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana / Hemp Stocks
Join our Group on Linkedin and talk about - Marijuana / Hemp Stocks - News and Trends in Green Investing