Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: CSE: $TER.C, CSE: $CRZ.C, CSE: $PVO.C, TSXV: $META.V, CSE: $MDM.C
Delta, Kelowna, BC - October 22, 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: CSE: $TER.C, CSE: $CRZ.C, CSE: $PVO, TSXV: $META.V, CSE: $MDM.C
Today's podcast overview/transcript:
Good afternoon and welcome to another Investorideas.com Potcast - following Cannabis news, stocks to watch as well as insights from thought leaders and experts.
Today we will be looking at announcements from TerrAscend Corp. trading on the CSE as TER and the OTCQX as TRSSF, CannaRoyalty Corp. Trading on the CSE as CRZ, Pivot Pharmaceuticals Inc. trading on the CSE as PVO and the OTCQB as PVOTF, National Access Cannabis Corp. trading on the TSX-Venture as META and Marapharm Ventures Inc. trading on the CSE as MDM and the OTCQX as MRPHF.
TerrAscend Corp., today announced that the Company has been approved for trading on the OTCQX® Best Market ("OTCQX"). TerrAscend's common shares will begin trading under the ticker symbol "TRSSF" today and will continue to trade on the Canadian Securities Exchange (the "CSE") under the symbol "TER".
Michael Nashat, President and Chief Executive Officer, stated, "We are excited to trade on the OTCQX as we seek to build a presence in the U.S. market, broaden investor access to our shares and further create shareholder value."
TerrAscend Corp. is a biopharmaceutical and wellness company that is committed to quality products, brands and services for the global cannabinoid market. On October 9, 2018, TerrAscend announced its intentions to expand into the U.S. market. The Company provides support to patients and consumers through its wholly-owned subsidiaries, TerrAscend Canada Inc., a licensed producer of medical cannabis under the ACMPR, Solace Health Network Inc., a clinical support program and education platform led by healthcare professionals and Solace Health, the online marketplace for the licensed producer. The Company will also participate in the adult-use market in Canada following legalization through direct and indirect supply agreements in several provinces. The Company holds a partnership with leading researchers in Ascendant Labs, a cannabis biotechnology and licensing company committed to the continuous improvement of the cannabis plant.
CannaRoyalty Corp., a leading North American cannabis products and brands company, announced that it has registered "Origin House" as a business name and will begin to conduct business under the Origin House name effective immediately. At market open on October 23, 2018, the Company's ticker symbol will change from "CRZ" to "OH" on the Canadian Securities Exchange.
The Origin House corporate identity embodies the Company's strategy to be the preeminent global house of cannabis brands. The new corporate logo visually represents this 'house', comprised of the union of Origin House's core components (the triangles) by a stylized cannabis leaf (the white space). The Company has unveiled an updated investor presentation and fact sheet as part of this new identity, which are available on its new website, originhouse.com.
Marc Lustig, Chairman and CEO of Origin House commented, "I couldn't be more excited by what we're building at Origin House. While many public cannabis companies are now attempting to build brands by putting logos on packages, we have already supported the growth of 50+ brand partners. While most other companies have been staking flags across the globe in constrained markets with limited economics or brand building capability, we've been operating for years in the largest and most dynamic market in the world, staking flags in what we see as the most valuable real estate out there - consumer mindshare. And now, with the launch of Origin House, we are officially signaling our intention to leverage that mindshare globally."
Pivot Pharmaceuticals Inc. announced that it has closed a non-brokered Private Placement (the "Private Placement") for a total of C$1,641,300 and has also settled C$1,500,000 of outstanding debt with the issuance of common shares and share purchase warrant. Proceeds of the Private Placement will be used for general working capital purposes, capital expenditures and patent costs.
National Access Cannabis Corp., a best practices leader in delivering secure, safe, and responsible access to legal cannabis in Canada today announced the signing of Pharmacy Cannabis Program Agreements with 70 pharmacies in Canada that will be participating in the National Access Cannabis Medical Inc. ("NACM") Medical Cannabis Management System™ ("MCMS") in addition to those announced in April 2018, bringing the total number of pharmacies working with NACM to 111.
"We see this as tremendous growth for NAC," said Mark Goliger, CEO of NAC. "This unique pharmacy partnership is a key pillar of our diversified cannabis business. The medical cannabis market in Canada is forecast to surpass $2B by 2020 (Deloitte, 2018), and as experienced medical clinic operators, we're excited to grow our medical division and broaden our ability to provide safe and responsible access to legal medical cannabis."
MCMS provides pharmacies with a turnkey medical cannabis program for their patients and, when legally permissible, assistance with management of product sourcing and distribution. The MCMS program roll-out was recently initiated with the on-boarding of a pilot pharmacy, a 2-day educational event for healthcare providers, and plans for systematic training to be launched across partner pharmacies in Ontario, British Columbia, Alberta and Saskatchewan. NACM continues to negotiate with pharmacies across Canada and is on target to enter into agreements with more than 150 pharmacies by late 2018-early 2019.
Marapharm Ventures Inc. announced to its shareholders, that further to its news release of October 17, 2018, its first facility has been granted the final approval to commence operations, from the State of Nevada.
On Friday October 19th, the State of Nevada completed their final inspection of the first 5,000 sq. ft facility which is designated to the Company's Phenofarm Cultivation Licence. All permitting is complete for this licence and the final approval now allows for the immediate transition of plants to the new facility to complete their cycle and provide first harvest.
The Company's second 5,000 sq. ft facility, designated to the Econevada Cultivation and Processing Licences is pending final kitchen and equipment inspection.
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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