Investor Ideas Potcasts, Cannabis News and Stocks on the Move May 8th (TSX: TGOD) (OTC: TGODF) (OTCQB: SING) (CSE: TOOL)
Delta, Kelowna, BC - May 8, 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 May 8th (TSX: $TGOD.TO) (OTC: $TGODF) (OTCQB: $SING) (CSE: $TOOL.C)
Today's podcast overview/transcript:
Good afternoon and welcome to another episode of Investorideas.com "potcasts", looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.
In today's podcast I look at a few of the day's earlier announcements.
But first, almost 50 years to the week after Woodstock, Canada will see its first legal cannabis and music festival.
Tens of thousands of people ranging from cannabis curious to aficionados will descend upon a 990-acre conservation park, creating an unprecedented, vibrant catalyst for cannabis culture. The first annual Journey Cannabis & Music Festival will light up the majestic Boyd Conservation Park in Vaughan, minutes from Toronto, from August 23-25, 2019.
Journey will host North Americans at an outdoor oasis nestled within the headwaters of the two cities. The festival will feature award winning musicians, spectacular outdoor art installations to excite the senses, and world-class cuisine and beer to tantalize the taste buds.
"Cannabis has been a part of festival culture for decades. Consider that Woodstock is turning 50 this summer," says Murray Milthorpe, chief experience officer of the event. "Now along comes the Journey Festival, which plans to disrupt the stigma of cannabis in Canada in a fun, safe and collective way. We extend a friendly invitation to our US neighbors to join us for the Journey."
Journey will also feature a cannabis education and culture component called We-ed Talks, a speaker series designed to disrupt the stigma of cannabis, provoke thought and educate attendees. Global social media influencer, five-time New York Times bestselling author and one of the most sought-after public speakers alive, Gary Vaynerchuk (@GaryVee) will headline the series with special guests to follow.
"There's a lot of merit-based reasons that cannabis needs to be in society," said Gary Vaynerchuk. "I think it needs to be regulated, but it needs to be in society. I'm thrilled to be a speaker at the inaugural Journey Festival. I'm bullish in tapping the opportunities within the cannabis space."
A note though that cannabis will not be bought or sold during the festival as it is strictly BYOB (Bring your own bud).
The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC: TGODF) announced the Company's strategic investment into the US beverage space as a co-founding investor and strategic partner in the newly formed Califormulations LLC. Califormulations will operate out of Columbus, Georgia serving global branded companies with concept-to-shelf beverage commercialization support including formulation development, technical services, in-house pilot scale production and contract manufacturing co-ordination. TGOD will work with Califormulations to expedite the US launch of TGOD branded organic hemp-based CBD beverages, as local laws and regulations permit.
"We are incredibly excited to partner with Califormulations to further our development of hemp-based CBD beverage products," said Brian Athaide, CEO of TGOD. "With the US market for functional beverages, including wellness, energy and sport recovery, currently worth over USD$20 billion, we want to remain on the cutting edge of innovation and establish the foundation for future proprietary and novel TGOD-branded products. TGOD strives to partner with established industry leaders, and we believe that this forward-looking strategic partnership positions TGOD to capitalize on the future cannabinoid beverage market."
Califormulations is well positioned to immediately execute on a strategy to become the preeminent beverage formulation and commercialization centre in the United States. TGOD's co-founding investment in Califormulations is occurring alongside the expertise of Symrise Inc, including its Beverage Innovation Centers in Laguna Beach and Teterboro. Symrise, TGOD and founding management have provided a combination of equity and debt financing to capitalize Califormulations.
SinglePoint (OTCQB:SING) today announced a strategic national distribution program that will provide qualified fast growing CBD product companies a path to get their products into National Retail Distribution.
The "Strategics" program is offered in partnership with a national distribution company that has nearly $2 Billion in annual sales to mass-market stores including CVS, Walgreens, Rite-Aid, Dollar General, Dollar Tree, Giant Eagle, Meijer and Kroger grocery stores in addition to a long list of regional and national convenience stores.
According to SinglePoint President Wil Ralston, "Until now, startup, established and fast-growing CBD product companies have faced tremendous challenges in growing their business beyond e-commerce and regional distribution due to the enormous capital and logistics involved. We are excited to roll out our "Strategics" marketing program with a major national distributor that is receptive to building a portfolio of fast-growing CBD products and providing those products to their established mass market clients".
SinglePoints goal is to seek out and recruit innovative and fast-growing companies that manufacture or distribute CBD retail products, and who desire the opportunity to have their products distributed nationally. SinglePoints "Strategics" program is extremely affordable and offers un-paralleled access that can translate into millions of dollars of orders for their respective CBD products.
Ralston added, "As we have stated, this market in growing exponentially and SinglePoint anticipates that shelf space will become increasingly difficult to obtain as the market matures. To capture this opportunity and firmly position Singlepoint in this unique B2B opportunity the company is acting immediately to screen prospective companies for its "Strategics" program and present those companies to our National Distribution Partner for consideration.
"Strategics" program partner companies will have added benefits including membership in SingleSource, a cooperative supply chain that allows members to purchase raw materials like CBD Distillate, CBD Isolate, Hemp Flower, and Biomass raw materials simply, and very competitively. Secondly, members have access to SinglePoints subsidiary SingleSeed which offers access to expanded product lines, manufacturing, custom formulation, and private labeling services.
Trackloop Analytics Corp. (CSE: TOOL) (OTCQB: TLOOF), announced the launch of its latest delivery track & trace software solution for cannabis at the Cannabis Cup show in Santa Rosa, California on June 1st and 2nd. The module expands on its industry leading traceability solution specialized for urban delivery, enabling dispatcher and driver to plan for an optimal delivery schedule by utilizing advanced order management, driver assignment, routing algorithms and emerging traffic conditions to maximize operational efficiency. In addition, the Company has taken a minimalistic design approach for the user interfaces simplifying field deployment.
The Cannabis Cup is the premiere destination for marijuana fans worldwide, featuring A-list musical performances and some of the top cannabis producers in the world. The Cannabis Cup provides a national platform to the Northern California region, ranking its products among the best in the world. It also provides a forum for producers, distributors, service providers and consumers to display the key value add of their business directly to the industry & public, and engage with the community to discuss potential opportunities.
In addition to the mobile and web scheduling module, Trackloop will showcase its latest track & trace delivery software solution for cannabis at the event. In partnership with Thermobile and Ford (NYSE: F), the Company will present one of the most advanced delivery vans on the market. The vehicle will be equipped with sustainable electric powered refrigeration, security systems, real-time temperature monitoring, delivery scheduling, and traceability solution, connected with METRC's API. The all-in-one compliant cannabis transportation van is a fully integrated, turn-key software and hardware solution that provides all the requirements for refrigerated urban delivery of cannabis. Advanced logistics vehicles like Trackloop's, are necessary for robust temperature controlled and traceable distribution networks in the cannabis industry.
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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