Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: TSX: $ACB.TO, TSXV: $N.V. CSE: $ISH.C, CSE: $CXXI.C
Delta, Kelowna, BC - August 13, 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: $ACB.TO, TSXV: $N.V. CSE: $ISH.C, CSE: $CXXI.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 Aurora Cannabis Inc. trading on the TSX as ACB and the OTCQB as ACBFF, Namaste Technologies Inc. trading on the TSX-Venture as N, Inner Spirit Holdings Ltd trading on the CSE as ISH and C21 Investments Inc. trading on the CSE as CXXI.
Namaste Technologies Inc. announced that the Company's wholly-owned subsidiary, Cannmart Inc. , a licensed cannabis producer under the Access to Cannabis for Medical Purposes Regulations (the "ACMPR"), has completed Health Canada's Pre-Sales License Inspection at the Cannmart facility in Etobicoke, Ontario. On July 31st, 2018, Health Canada inspectors were on-site to verify information submitted by Cannmart as part of its application and in assessing compliance with the applicable sections of the ACMPR prior to license approval. The Pre-Sales License Inspection is one of the last steps prior to the issuance of a Sales License under the ACMPR.
Cannmart's ACMPR "sales-only" license will be the first of its kind in Canada. The license enables Namaste to aggregate cannabis strains from licensed producers across the country, with the goal of offering medical patients access to the largest variety of medical cannabis products in a single platform. Namaste has positioned itself as a leader in the development of innovative cannabis e-commerce technology and will leverage its expertise and its platform powered by the Company's wholly-owned subsidiary and AI technology company, Findify AB ("Findify" or "Findify.io") to offer medical patients the most personalized user experience possible.
The Company also announced the appointment of Mr. David Giardino as Chief Operating Officer ("COO"). David Giardino has extensive experience in managing enterprise-level operations and logistics, and will oversee all operations for Namaste's domestic and international entities and in the execution of Namaste's business strategy.
Aurora Cannabis Inc. provided the following updates on its international operations.
The Company has successfully shipped cultivars from its Mountain facility to Denmark to commence populating the Phase I Aurora Nordic facility, a 100,000 square foot, retrofitted hybrid greenhouse, which will be ramping up to full production capacity of 8,000 kg per year of medical cannabis over the coming months. Aurora Nordic is a 51%-Aurora owned subsidiary owned in partnership with Alfred Pederson & Son. Both the Phase I facility and Phase II, a 1,000,000 square foot, hybrid greenhouse facility with a cultivation capacity of more than 120,000 KG per year, have been designed by Aurora Larssen Projects Ltd. ("ALPS"), and will be completed to EU GMP standards, incorporating leading edge technologies.
Following a provisional EU GMP certification of a single shipment, as announced on July 11, 2018, Aurora's new wholly-owned subsidiary, MedReleaf Corp., has now received full EU GMP (Good Manufacturing Practices) certification for its Markham facility.
In total globally, there are currently only 6 EU GMP certified cannabis production facilities, two of which are based in Canada and belong to Aurora.
Inner Spirit Holdings Ltd today provided an update on its progress establishing recreational cannabis dispensaries under the Spiritleaf brand.
"When we set out on this journey, we wanted Inner Spirit to be open to our staff, franchise partners, investors and future customers so they could participate in creating a community-owned Company," said Darren Bondar, President & CEO of Inner Spirit. "The end of cannabis prohibition has presented a unique opportunity and we are proud about the infrastructure and partnerships that we have put in place for our brand and our stakeholders. We now look forward to the next phase, which includes opening stores, securing additional locations, seeking strategic opportunities and unveiling our proprietary house brands to the public."
Inner Spirit has made tremendous progress since November of 2017, nearly doubling the number of recreational franchise agreements ahead of expected legalization on October 17, 2018. Inner Spirit's franchisees have committed to contribute up to $45 million collectively to open Spiritleaf stores in their local communities.
C21 Investments Inc. today announced that it has entered into an agreement to acquire Grön Chocolate LLC and Grön Confections (GrönCBD) LLC, together, one of Oregon's largest companies specializing in premium consumer packaged edible cannabis products. C21 Investments will be acquiring 100% of Grön Chocolate's membership units, and the transaction is expected to close by November 1, 2018.
"Edibles are one of the fastest growing segments of the cannabis space," said Robert Cheney, Chief Executive Officer, C21 Investments. "Grön is a critical addition to C21's growth strategy to acquire operations that can vertically integrate in each state and compete aggressively in the US$11 billion cannabis market in the United States."
This is the sixth acquisition agreement announced by C21 Investments in the past year, and will be accretive to earnings of C21 Investments. Other agreements include Silver State Relief in Nevada, as well as Phantom Farms, Swell Companies, and Eco Firma Farms in Oregon. C21 Investments has been successful in ensuring that the talent of each operation continues to perform and grow in order to provide a strong culture for its group of companies.
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