Investor Ideas Potcasts #Cannabis News and Stocks on the Move: Canopy Growth (TSX: WEED) (NYSE: CGC), Abacus Health (CSE: ABCS), CannaRoyalty d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) Geyser Brands (TSXV: GYSR)
Delta, Kelowna, BC - March 27, 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: Canopy Growth (TSX: WEED) (NYSE: CGC), Abacus Health (CSE: ABCS), CannaRoyalty d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) Geyser Brands(TSXV: GYSR)
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 Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), Abacus Health Products, Inc. (CSE: ABCS), CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) and Geyser Brands Inc (TSXV: GYSR).
Canopy Growth Corporation welcomed Houseplant, a new brand of Canadian cannabis, to the Canopy Growth family today. Founded by Seth Rogen and Evan Goldberg, Houseplant represents years of product expertise and an unmatched attention to detail within each strain that has been carefully selected and grown.
Commitment to cannabis quality begins with selecting the best genetics and doesn't stop until the customer opens the jar. Canopy Growth has witnessed how carefully Houseplant has chosen each component of their offering to deliver the highest quality product to Canadians.
Under the terms of the partnership, Houseplant will lean on the production and distribution capabilities of Canopy Growth and its licensed subsidiaries to ensure an ample supply of Houseplant flower, Softgel, and pre-rolled formats are rolled out in Canada over the coming months. Through a minority ownership in the new business venture, Canopy Growth will help Houseplant scale quickly and support Houseplant's long-term success.
Canopy Growth has worked closely with Houseplant for almost two years and the entire Canopy Growth team is deeply impressed by their understanding of the cannabis consumer, attention to detail, and hands-on approach to this new partnership. "We could not be more excited to partner with Seth, Evan and the entire Houseplant team. Together we will make Houseplant a cannabis brand synonymous with quality everywhere it is available," said Mark Zekulin, President and Co-CEO of Canopy Growth.
Abacus Health Products, Inc., the company offering CBDMEDIC™, the first family of topical medications combining active pharmaceutical ingredients with hemp extract and other natural moisturizers, has announced the national launch of 10 over-the-counter (OTC) pain relief products. CBDMEDIC's innovative formula is built on 15 years of pharmaceutical research and development.
CBDMEDIC products are available across the U.S., including select CVS locations, regional and independent pharmacies including Hartig Drug and will soon be available in a growing number of grocery chains and natural product retailers. The products are also available for purchase online.
"CBDMEDIC products were developed to bring superior relief to the millions of Americans in pain," said Perry Antelman, CEO of Abacus Health Products, which developed and distributes CBDMEDIC. "The products conform to federal requirements for OTC topical medications and, according to health care practitioners that have provided the Company's technology to their patients, are highly effective, as reported by healthcare practitioners nationwide*. These are groundbreaking medications, and we look forward to helping millions of Americans in pain."
CannaRoyalty Corp. d/b/a Origin House, a North American cannabis products and brands company today announced that the Company's California distribution division, Continuum, has entered into a distribution agreement with Humboldt Sun Growers Guild, to be the exclusive distributor of Papa's Herb™-branded products in California.
Pursuant to the Agreement, effective March 25, 2019, Origin House's distribution division, Continuum will be the exclusive distributor of all Papa's Herb™ products in California. Papa's Herb™ was founded in California in early 2018, and is backed by the Serruya Family, who have a proven track record of building dozens of retail brands within the consumer packaged goods business, over three decades.
Commenting on the Agreement, Afzal Hasan, President and General Counsel at Origin House said, "Papa's Herb™ is a truly unique brand that has come to stand for high-quality, value-focused cannabis products while remaining equally committed to sustainability and the community. We are pleased to partner with yet another authentic California cannabis brand to take on an important and growing segment in the California market. This Agreement aligns with and advances our stated strategy of becoming a preeminent global house of experiential brands by expanding our growing portfolio of California brands, while helping preserve Humboldt County's cannabis legacy and shaping its future. We look forward to broadening our relationship with Papa's Herb™ through our Brand Accelerator Program and supporting their growth through our state-wide distribution footprint and key retailer relationships."
Geyser Brands Inc, after initiating its first cannabis cultivation in January of this year, has successfully brought in a healthy full harvest. This establishes the first revenues out of the cultivation license that was granted October 16, 2018.
The facility was also recently audited by Health Canada, which approved Geyser Brands' Licensed Producer compliance with the Health Canada standards. This approval allows the company to move forward to the next steps in receiving its processing and sales license, which will then allow the Company to extend their products and brands into the regulated Canadian cannabis market and direct to consumer medical market.
Geyser Brands LP will continue to pursue its mandate to invest into the research and development of unique high-quality proprietary strains and technologies that target specific health related conditions such as pain and inflammation reduction, insomnia, digestive issues and other commonly known ailments.
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