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Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (CSE: $AGRA.C) (TSX: $APHA.TO) ( $APHA) (TSXV: $FIRE.V) (CSE: $LIHT.C) (CSE: $SOL.C)

 

Delta, Kelowna, BC - January 2, 2019 (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 Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2019/010219-StocksToWatch.mp3

Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (CSE: $AGRA.C) (TSX: $APHA.TO) ( $APHA) (TSXV: $FIRE.V) (CSE: $LIHT.C) (CSE: $SOL.C)

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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 we will be looking at announcements from AgraFlora Organics International Inc. (CSE: AGRA) (OTCPK: PUFXF), Aphria Inc. (TSX:APHA) (NYSE:APHA), The Supreme Cannabis Company, Inc. (TSXV: FIRE) (OTCQX: SPRWF), Liht Cannabis Corp. (CSE: LIHT) (OTCQX: LIHTF) and SOL Global Investments Corp. (CSE: SOL) (OTCQB: SOLCF).

AgraFlora Organics International Inc., a growth oriented and diversified international cannabis company, announced that Propagation Services Canada has executed its first propagation supply agreement with Alta-Sun Samson Holdings Corp., a wholly owned subsidiary of Cabbay Holdings Corp. The agreement calls for Propagation Services Canada to supply high-CBD cannabis plants for a 5-acre outdoor grow operation near Edmonton, Alberta.

"Having the ability to acquire high quality propagation plants for our outdoor cannabis operation near Edmonton, AB is a significant advantage for our business," said Andrew Morin Head Grower, Alta-Sun Samson Holdings Corp. and son of the former Chief of Enoch Cree Nation. "We can focus our efforts on the growing the highest quality cannabis for our primary customers without the overhead of planting and propagating our own cannabis seedlings. The timeline for AgraFlora's retrofit of their large-scale greenhouse works well with our application for a cultivation license and we look forward to a long and mutually beneficial partnership with AgraFlora and Propagation Services Canada."

"With the first phase of the retrofit of the 2,200,000 sq. ft. greenhouse complex scheduled for completion mid-2019, we are taking the necessary steps of establishing a customer base for our medical cannabis flower and propagating plants," said Derek lvany, President and CEO, AgraFlora Organics International. "Cabbay Holdings is Propagation Services Canada's first propagation customer and follows on the recently announced medical cannabis supply agreement with Namaste Technologies. 2019 is shaping up to be a banner year for AgraFlora and we will continue to expand the pipeline of premium customers for our high-quality cannabis products."

Aphria Inc. today announced that its Colombian subsidiary, Colcanna SAS has signed an exclusive agreement with the Federación Médica Colombiana ("FMC"), a national guild that oversees the ethical exercise of the medical profession in Colombia, to jointly develop an academic curriculum on the medicinal use of cannabis.

"Education in the medical community is critical for sustaining the advancement of medical cannabis in Colombia" said Gabriel Meneses, Vice President, LATAM & Caribbean at Aphria. "Colcanna is proud to make this exclusive arrangement with Federación Médica Colombiana, which will offer doctors and medical professionals across the country a credible and trusted source of information and training on medical cannabis."

The FMC has nearly 2,000 affiliated doctors and a database of more than 70,000 medical professionals that access the organization for research and educational resources, including through a virtual platform that offers certified courses on a range of subjects. The medical cannabis curriculum developed by Colcanna and FMC will be made accessible on this platform and will be supported by scientific events for the medical community.

The Supreme Cannabis Company, Inc. announced that as of calendar year-end, 7ACRES has 19 completed flowering rooms and is on track for all 25 flowering rooms to be completed in March 2019. Once completed, 7ACRES will have a greenhouse footprint of approximately 300,000 square feet, with the total facility reaching over 440,000 square feet. Supreme Cannabis expects 7ACRES to reach its estimated annual output of 50,000 kg by the middle of calendar 2019.

"We are thrilled with the progress made at our facility in Kincardine, Ontario and are excited to announce that we are nearing completion for all of our flowering rooms," said John Fowler, President & Founder of Supreme Cannabis. "In our view, 7ACRES sets the international standard for cannabis cultivation and allows us to grow craft-quality cannabis at scale. We believe consumer behaviour has validated our thesis that people prefer higher-quality flower and are willing to pay more for it, and as the market expands for derivative products such as vape pens and edibles we expect consumers will prefer products extracted from the highest quality inputs."

Liht Cannabis Corp. announced that Marapharm Washington LLC a wholly owned subsidiary of Liht Cannabis Corp., executed a Letter of Intent on December 18th, 2018, with a Canadian company that has developed "Biospherical Systems" which control and enhance cannabis cultivation.

In reference to the news release dated December 19, 2016, the Company has entered into a LOI which would provide their state certified tenant, AlphaPheno, with a vertically equipped facility, maximizing the capacity of its 28,000 sq. ft footprint in 2019.

The Provider will design, fabricate, supply and install an advanced "Biospherical System". The system incorporates proprietary technologies which can provide logistical, operational and financial benefits to the Company, over standard industry practices. This comprehensive agreement includes, commissioning and warranty of their equipment and future service required to facilitate operations. The pre-determined value of the systems is approximately $7,500,000 USD.

A definitive agreement formalizing this arrangement will be finalized within the coming weeks. Compensation will be in the form of royalties, and leaseback financing provisions; no compensation will be stock based; the final terms will be determined by the definitive agreement.

SOL Global Investments Corp. announced an investment in and strategic partnership with European medical cannabis company, GreenLight Pharmaceuticals Ltd.

GreenLight, which was founded in 2014 and is headquartered in Dublin, Ireland, is a vertically-integrated medical cannabis company with a clinical research and development operation led by Dr. James Linden, a seed genetics program, cultivation operations, and CBD brand and distribution operations.

Under the terms of the transaction, SOL Global will acquire a 25 percent stake in the equity of GreenLight for €1.8 million, with an option to increase its stake to 51 percent.

In addition, SOL Global has also acquired an option to acquire a 75 percent stake in a future GreenLight subsidiary that successfully obtains a cannabis cultivation license in Ireland or Northern Ireland for an aggregate exercise price of approximately €1 million. SOL Global director Rob Reid and Chief Medical Officer Michael Barnes will join the board of GreenLight Pharmaceuticals.

"SOL Global is excited to partner with the clinical research team at GreenLight as they continue to develop R&D programs throughout Europe. As society continues to delve into the future of using cannabis medicinally, GreenLight plans to be instrumental in forming industry-leading solutions and therapies. With members of SOL Global's team joining GreenLight's board, we look forward to working together to further develop and enhance GreenLight's leadership position in Europe's nascent medical cannabis industry," stated Brady Cobb, SOL Global CEO.

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