Investor Ideas Potcasts #Cannabis News and Stocks on the Move: Zenabis Global (TSXV: ZENA), Harvest One Cannabis (TSXV: HVT), American Premium Water (OTC: HIPH), Canopy Rivers (TSXV: RIV.V) and Lifestyle Delivery Systems (CSE: LDS)
Delta, Kelowna, BC - March 18, 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:
Investor Ideas Potcasts #Cannabis News and Stocks on the Move: Zenabis Global (TSXV: ZENA) (OTC:ZBISF), Harvest One Cannabis (TSXV: HVT) (OTCQX: HRVOF), American Premium Water (OTC: HIPH), Canopy Rivers (TSXV: RIV.V) and Lifestyle Delivery Systems (CSE: LDS), (OTCQX: LDSYF)
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 are looking at announcements from Zenabis Global Inc. (TSXV: ZENA) (OTC:ZBISF), Harvest One Cannabis Inc. (TSXV: HVT) (OTCQX: HRVOF), American Premium Water Corporation (OTC: HIPH), Canopy Rivers Inc. (TSXV: RIV.V) and Lifestyle Delivery Systems Inc. (CSE: LDS), (OTCQX: LDSYF).
Zenabis Global Inc. announced today that it is now licensed to process and sell cannabis oil products in Canada. The license enables Zenabis to now sell cannabis oil produced at its Atholville, New Brunswick facility, one of the largest indoor cannabis growing facilities in Canada, where Zenabis was already processing oil. Zenabis expects to market and sell cannabis oil products to its medical clients and to adult use consumers through supply and distribution agreements that Zenabis has in place with nine Canadian jurisdictions including British Columbia, Alberta, Saskatchewan, Quebec, Nova Scotia, New Brunswick, Manitoba, Prince Edward Island, and the Yukon.
Zenabis expects to have its initial cannabis oil products available for sale in both the medical and adult use markets by early Q2, 2019, and will be launching additional formats and formulations throughout the year.
"This approval provides us with the ability to serve new and existing customers with an expanded range of adult use and medical products through new and easy to use consumption methods. This product category is incredibly important for Zenabis, as it supports our overall growth and product leadership strategy," said Andrew Grieve, Chief Executive Officer of Zenabis. "Ingestion of cannabis oil tends to offer a longer lasting effect than vaping or smoking dried cannabis, providing medical clients and adult use consumers with a broader set of options in Zenabis products. We look forward to bringing our cannabis oil products to market and continuing to innovate and expand our product offerings. In addition, with this update to our Atholville processing license, we now have the capacity to develop a variety of additional value-added cannabis oil products, and cannabis extract products consistent with the proposed amendments to the Cannabis Regulations that allow for greater product diversity."
"Zenabis was one of BlackShire's first investments and remains a marquee holding of the firm. Led by experienced founding family operators, Zenabis has the potential for the third largest production capacity in the world. It is currently serving the Canadian marketplace, generating revenue with plans to expand internationally. We believe that as the company becomes better known, investors will better situate it amongst its market peers" said BlackShire Capital Chairman and CEO, Kevin Reed.
As the world's first ETF that offers direct exposure to North American-listed securities involved with cannabis production, the Horizons Marijuana Life Sciences Index ETF is designed to provide exposure to the performance of North American publicly listed life sciences companies with significant business activities in the cannabis industry.
"The inclusion of Zenabis in the Horizons ETF showcases the organization's strength, giving it needed exposure to new investors who want to support its exciting growth plans" added Reed.
Harvest One Cannabis Inc., through it's wholly-owned subsidiary United Greeneries Ltd. today announced that it has entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart.
Under the terms of the agreement, Harvest One will supply Shoppers Drug Mart with Satipharm branded medical cannabis products. The products will be sold online, as Canadian regulations restrict the sale of medical cannabis in retail pharmacies.
This marks the first time that Satipharm branded cannabis will be available for purchase. Working in conjunction with Shoppers Drug Mart in an effort to help consumers make specific, educated decisions about their purchases, Satipharm will be available in a continuum of products, each colour coded to indicate their place on the progression from the high THC of SatiWhite™ to the high CBD of SatiPurple™.
At launch, United Greeneries will produce and ship an Indica variety of SatiSilver™ and a hybrid variety of SatiGreen™.
"We are incredibly proud to be working with Shoppers Drug Mart to supply them with our premium, indoor grown cannabis under the Satipharm health and wellness brand" said Grant Froese, CEO of Harvest One. "We see this supply agreement as a further step towards fulfilling our vision of being a vertically integrated house of brands in the cannabis health, wellness, and self-care sector. We continue to expand our capacity to support our growing brand portfolio which includes our recently announced transaction with Delivra as well as our existing brands Dream Water, Satipharm, Royal High, and Captain's Choice" he added.
American Premium Water Corporation announced that it has an agreement with Hanlons Brewery in England to produce beer infused with CBD using the Company's proprietary formulation. Testing will begin immediately on the combination of the Company's proprietary hydro-nano CBD formulation with Hanlons's beer, with commercial sale to be determined at a later date.
CEO American Premium Water Corporation, Ryan Fishoff commented, "I am excited to announce that the Company has entered into an agreement with Hanlons brewery in the UK. This is a very exciting partnership that provides numerous possibilities for monetization, and brand recognition on the European continent. The liquor and beer industry has been very fascinated with the introduction of CBD into the market, and this partnership affords us the opportunity to step into the discussion with the larger players in the market. We're going to begin experimenting with the process of combining beer and the CBD formulations immediately. The goal will be to have a product available for commercial sale as soon as possible. I will keep shareholders abreast when there are developments on bringing the product to market."
Canopy Rivers Inc. and LeafLink, Inc. announced the establishment of LeafLink Services International ULC, a new venture that exclusively licenses and leverages LeafLink's dominant business-to-business (B2B) marketplace and supply chain technology platform for deployment throughout regulated international cannabis markets.
LeafLink is a software-as-a-service (SaaS) marketplace that simplifies the supply chain through its e-commerce platform. The company has a growing network of more than 950 cannabis brands, and penetration throughout ~2,800 cannabis retailers across 16 territories in the United States. LeafLink has established the single largest B2B marketplace for cannabis brands and facilitates more than US$900 million in gross merchandise value annually. Retailers use LeafLink for managing their wholesale inventory, enabling them to shop multiple vendors in one cart, view up-to-date product and brand menus, review historical and open orders, discover new products, and request samples. LeafLink further serves vendors by offering supplementary tools such as order management, a customer relationship management (CRM) platform, inventory tracking tools, and customized reporting systems, among other services.
"We have been very impressed with LeafLink's deep market penetration and their understanding of cannabis companies' needs and behaviors," said Narbé Alexandrian, President of Canopy Rivers. "The number of brands and products within our new cannabis economy has been explosive, making it difficult for retailers to deal with multiple parties in an increasingly fragmented market. As regulated cannabis consumption and distribution proliferates around the world, LeafLink International will introduce the industry's leading SaaS-enabled marketplace to the global stage to create a new standard for expediting the cannabis supply chain in regulated markets."
By creating this new joint venture, Canopy Rivers continues to expand its exposure across the cannabis value chain through a capital-light, market-leading B2B platform that is immediately scalable across legal jurisdictions. Canopy Rivers intends to integrate its network of complementary cannabis companies and global reach to drive growth for LeafLink International and assist in developing and deploying this technology as it continues to increase its global footprint.
Lifestyle Delivery Systems Inc. announced that its subsidiary, CSPA Group, Inc., has delivered its second large batch of Rêveur live resin to Rise Distribution ("Rise"). Simultaneously with the second batch delivery, Rise has placed Rêveur in five new stores
bringing the total to 20 stores.
CSPA has received a purchase order from Rise Distribution for five more strains of Rêveur live resin product. The Rêveur live resin has successfully passed California State testing and all new packaging compliance regulations. CSPA Group successfully delivered the new batch of Rêveur to Rise Distribution on March 13th 2019. Rise Distribution will quickly restock Rêveur into dispensaries ensuring that customers have continued access to Rêveur products.
Casey Fenwick, President of LDS, stated, "The fact that Rise has a need for the second batch of Rêveur product so quickly shows the product has a demand. Also, CSPA demonstrates that it has a repeatable process by providing completely different strains, again being able to pass California's strict testing requirements and comply with the new packaging laws. CSPA and its process for manufacturing Rêveur can continually supply California's growing recreational market."
The Company's CEO, Brad Eckenweiler, stated, "We knew that Rêveur live resin would be a great product because of where we sourced the starting material coupled with the state-of-the-art facility we have built over the last three years. Rêveur's success is a product of the hard work the Company and its licensed subsidiaries have put in. Making sure its operating subsidiaries have all necessary state/local licensing, as well as the time spent completing a facility capable of making a product people repeatedly purchase. With the new ability to grow our own starting material from seed, extract it, and deliver it straight to consumers' homes, we are excited for the future of the brand and the Company."
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