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Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: $WEED.TO, NYSE: $CGC, NYSE: $STZ, TSXV $HEMP.V, CSE: $MTEC.C, CSE: $ISH.C

Constellation Brands invests a further $4 billion in Canada's cannabis producer Canopy Growth; Cannvas MedTech Inc announces newly formed Education Advisory Panel; Inner Spirit Holdings Ltd., announces it has begun processing and accepting additional franchise applications for Spiritleaf stores in Ontario podcasts

Delta, Kelowna, BC - August 15, 2018 ( Newswire), a global news source covering leading sectors including marijuana and hemp stocks and its "potcast" site, release today's edition of its series, 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, NYSE: $CGC, NYSE: $STZ, TSX.V: $HEMP, CSE: $MTEC.C, CSE: $ISH.C

Today's podcast overview/transcript:

Good morning and welcome to another 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 Canopy Growth Corporation trading on the TSX as WEED and the NYSE as CGC, Constellation Brands trading on the NYSE as STZ, Hempco Food and Fiber Inc. trading on the TSX-Venture as HEMP, Cannvas MedTech Inc. trading on the CSE as MTEC and Inner Spirit Holdings Ltd. trading on the CSE as ISH.

Constellation Brands, a leading beverage alcohol company, and Canopy Growth Corporation, a leading diversified cannabis company, today announced a significant expansion of their strategic partnership to position Canopy Growth as the global leader in cannabis production, branding, intellectual property and retailing.

Constellation Brands will increase its ownership interest in Canopy Growth by acquiring 104.5 million shares directly from Canopy Growth, thereby achieving approximately 38 percent ownership when assuming exercise of the existing Constellation warrants. Constellation Brands is acquiring the new shares at a price of C$48.60 per share, which is a 37.9 percent premium to Canopy's 5-day volume weighted average price of the common shares on the Toronto Stock Exchange ("VWAP"), and a 51.2 percent premium to the closing price on August 14, 2018. Constellation will also receive additional warrants of Canopy that, if exercised, would provide for at least an additional $4.5 billion CAD to Canopy Growth.

As a result of the new shares Constellation is acquiring, Canopy Growth will immediately upon closing have proceeds of approximately $5 billion CAD [$4 billion USD] to bolster its leadership position in the global cannabis industry. This investment, the largest to date in the cannabis space, will provide funds which Canopy Growth will deploy to strategically build and/or acquire key assets needed to establish global scale in the nearly 30 countries pursuing a federally permissible medical cannabis program, while also rapidly laying the global foundation needed for new recreational cannabis markets. Canopy Growth's Canadian platform does not require additional cannabis cultivation assets, and management views other jurisdictions, including the United States, as strategic priorities requiring significant capital.

Hempco Food and Fiber Inc. today comments on Health Canada's publication of the Subsection 56(1) Class Exemption in relation to the use of hemp under Industrial Hemp regulations (flowering heads, leaves and branches).

The exemption, published on August 10, 2018, enables companies with the relevant licenses to commence using the whole hemp plant for commercial purposes, which was prohibited under previous regulations. The exemption will remain in place until the scheduled implementation of the Cannabis Act on October 17, 2018, which allows for whole plant utilization from that date onwards.

"This historic decision clears the way for whole hemp plant utilization, a complete game changer for our industry, allowing Hempco to develop new revenue streams in potentially very significant markets," said Diane Jang, CEO of Hempco. "The exemption allows us and our strategic partner, Aurora Cannabis Inc., to commence extracting CBD from hemp and develop a new line of health products, a market with considerable potential."

Prior to implementation of the exemption, hemp growers were required to discard a sizeable portion of the hemp plant as waste. Under the new regulations, companies can immediately collect, harvest, dry and store industrial hemp flower, buds, leaf materials and branches. These materials contain very valuable raw materials that can be used to produce nutraceuticals and health products. These are markets where sustainability principles and health-related considerations are generating positive momentum for the adoption of new raw materials, such as hemp, creating significant growth potential.

Cannvas MedTech Inc., a leading business technology company in the cannabis space, announced the appointment of Elizabeth Moniz and Tom Loutskou to the newly formed Cannvas Education Advisory Panel. The Cannvas Education Advisory Panel will advise and set protocols for the broad educational spectrum that offers to the medical cannabis industry.

"I am very pleased to welcome Elizabeth and Tom to the newly the formed Cannvas Education Advisory Panel," said Steve Loutskou, Chief Operating Officer, Global Markets, Cannvas MedTech Inc. "The Education Advisory Panel will be made up of leading experts in the educational development field and instrumental in the way delivers education to the medical cannabis world. Elizabeth (whose focus was Neuropsychology) and Tom (who has a Masters in Education) bring extensive education and training experience to our online medical cannabis platform. I look forward to working with the Panel as we roll out a robust medical cannabis educational program with the platform." is a scalable and comprehensive solution for the global medical cannabis community offering interactive tools and physician-backed content to audiences wishing to learn about healthcare through cannabis. Its Cannvas Academy, already guided by its Medical Advisory Board, will receive additional oversight and direction from the Education Advisory Panel, made up of highly qualified members from industry and government institutions.

Inner Spirit Holdings Ltd., a specialty retailer and franchisor establishing recreational cannabis dispensaries across Canada under the Spiritleaf brand, today announced that - following the news of the Ontario Government's plan to permit private recreational cannabis sales - it has begun processing and accepting additional franchise applications for Spiritleaf stores in Canada's most populous province.

"Inner Spirit has been preparing for this very positive development since the Ontario provincial election so we could seize this opportunity," said Darren Bondar, President & CEO. "We are extremely encouraged by the interest we have received from many aspiring franchise partners. Our team is excited to pursue expansion and has identified more than 100 territories to grant in Ontario. This initiative has the potential to double our Canadian footprint and to position Inner Spirit as a leader in the national recreational cannabis market."

Spiritleaf has opened its Toronto office and entered into an exclusive real estate agreement with Marino Locations Ltd. who will be actively involved in developing the Ontario region with Spiritleaf. Marino Locations Ltd. brings more than 35 years of experience representing the needs of retailers, landlords and developers across Canada.

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