Investor Ideas Potcasts #Cannabis News and Stocks on the Move: Westleaf (TSX-V: WL) (OTCQB: WSLFF), CannaRoyalty (Origin House) (CSE: OH) (OTCQX: ORHOF), The Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) and Fire & Flower Holdings (TSXV: FAF)
Delta, Kelowna, BC - March 22, 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: Westleaf (TSX-V: WL) (OTCQB:WSLFF), CannaRoyalty (Origin House) (CSE: OH) (OTCQX: ORHOF), The Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) and Fire & Flower Holdings (TSXV: FAF)
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 Westleaf Inc. (TSX-V: WL) (OTCQB:WSLFF), CannaRoyalty Corp. (Origin House) (CSE: OH) (OTCQX: ORHOF), The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) and Fire & Flower Holdings Corp. (TSXV: FAF).
Westleaf Inc. announced it has been included on the Horizons Marijuana Life Sciences ETF (TSX:HMMJ). HMMJ is an index (or passively managed) ETF, which seeks to replicate, to the extent possible, the performance of the North American Marijuana Index, net of expenses. This index is designed to provide exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the cannabis industry. The North American Marijuana Index selects from a current universe of companies that have operations that may include one or more of biopharmaceuticals, medical manufacturing, distribution, bio-products and other ancillary businesses related to the cannabis industry.
"We believe the inclusion of Westleaf in the HMMJ is validation that we have laid out an appropriate strategy, that we are showing progress in our execution and that the vertical integration business model is the right approach in an industry that is going through early life-cycle changes," said Scott Hurd, President and CEO of Westleaf.
CannaRoyalty Corp. (Origin House), a North American cannabis products and brands company today announced that the Company's wholly owned subsidiaries, Kaya Management Inc. and FloraCal® Farms, were awarded annual operating licenses from the State of California.
Kaya operates a licensed manufacturing facility in Oakland, California that manufactures edibles, vaporizers and pre-rolls, and was issued an annual Type 6 non-volatile manufacturing license by the California Department of Public Health. Approximately 60 cannabis manufacturing facilities across California have received annual licenses.
FloraCal operates a craft cannabis cultivation facility located in Sonoma County, California and was issued a one-year provisional cultivation license,1 from the California Department of Food and Agriculture. This is the first annual or provisional cultivation license to be issued in Sonoma County.
Origin House currently operates five licensed facilities across California. Kaya and FloraCal are the first of those facilities to transition from temporary to annual licensure.
The Supreme Cannabis Company, Inc. today announced that the Company expects its previously announced oil products line to be introduced to adult-use consumers in select Canadian markets starting April 2019.
Supreme Cannabis plans to initially ship oil products to select markets before expanding distribution of its cannabis oil line to additional provinces which is expected by the end of June 2019. Each bottle will contain a proprietary blend of highly-purified cannabis oils and terpenes derived from plants grown by 7ACRES.
"Premium oils require premium cannabis," said Navdeep Dhaliwal, CEO of Supreme Cannabis. "Our formulation will leverage super-critical CO2 technology to produce a high quality, purified cannabis oil which we re-formulate with the naturally occurring cannabis terpenes from our 7ACRES' High-End CannabisTM. The result is a unique, plant-based cannabis oil that carries the award-winning qualities of our flower into an oil product for consumers looking for a premium cannabis oil experience."
Fire & Flower Holdings Corp., today announced stores operating under the Fire & Flower brand in Ottawa and Kingston have received both Retail Operator Licences and Retail Store Authorizations from the Alcohol and Gaming Commission of Ontario (the "AGCO").
The store agreements with Ontario licence holders were previously announced by Fire & Flower on February 19, 2019.
"The store licence holders in Ottawa and Kingston worked closely with Fire & Flower's retail and operations teams to obtain the store licenses and authorizations," shared Trevor Fencott, Chief Executive Officer of Fire & Flower. "This announcement demonstrates Fire & Flower's ability to rapidly open new markets as we expand our brand across Canada."
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