Investor Ideas Potcasts, Cannabis News and Stocks on the Move May14th (CSE: SLNG) (TSX: APHA) (NYSE: APHA) (CSE: OH)
Delta, Kelowna, BC - May 14, 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 14th (CSE: $SLNG.C) (TSX: $APHA.TO) (NYSE: $APHA) (CSE: $OH.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.
"We are so incredibly humbled to receive this award," said Strainprint CEO, Andrew Muroff. "From the very beginning, we designed the Strainprint app as a tool by patients for patients. To date, we have already helped tens of thousands learn which strains, doses and routes of administration are working best for them and their symptoms. Being voted "Best App" inspires us to not rest on our success, but rather to continually advance our technology and tools to create next-generation products that provide wider wellness support for our patients that use cannabis. In the end, it's all about helping patients use cannabis better."
To date, Strainprint has gathered more than 1.2 million real-time patient reported outcomes from tens of thousands of medical cannabis patients treating with lab-tested products. These valuable patient insights can be leveraged by licensed producers, clinics, researchers, pharmacists, physicians, government and the entire global cannabis industry.
Founded in Toronto in 2016, Strainprint™ Technologies Ltd. is the leading demand-side cannabis data and analytics company. With the world's largest longitudinal, observational data-set of its kind and a mission to advance the scientific understanding of cannabis and its legitimization as a mainstream therapy, Strainprint helps medical cannabis patients and doctors to use cannabis in the most effective and responsible way possible. The Strainprint data platform supports global cannabis research and provides advanced business intelligence and treatment guidance to producers, retailers, medical practitioners, pharmacies, government and industry. Strainprint is HIPAA, PIPEDA and PHIPA privacy compliant, military-grade encrypted and all patient data is completely anonymized and at rest in Canada. Strainprint can be seamlessly embedded or integrated with most electronic medical records (EMR) and seed2sale software systems. Strainprint Analytics is accessed by customer subscription. The Strainprint app is free to patients and can be downloaded from both the iOS App Store and Google Play Store. www.strainprint.ca, Facebook, Twitter, Linkedin.
SLANG Worldwide Inc. (CSE: SLNG), a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US states, announced that it has entered into an agreement to acquire LBA Global Corporation and its Lunchbox Alchemy brand portfolio and subsidiary Hydra Distribution. The proposed transaction will bolster SLANG's position in the Pacific Northwest by adding a complementary portfolio of top-selling products in Oregon and California and robust supply chain and distribution capabilities.
Founded in 2014, LBA is the owner of the award-winning Lunchbox Alchemy portfolio of cannabis brands, which has been recognized for its innovations in cannabis-infused edibles and concentrate production. Today, LBA owns and manufactures a variety of ingestibles products (gummies, hard candies, and pastries) that collectively rank as the 2nd best-selling ingestible brand in Oregon since 2014, per BDS Analytics. Lunchbox Alchemy also owns a CBD-infused product line that is currently available in retail stores in 40 states across the US.
SLANG Co-Founder and CEO Peter Miller said, "Lunchbox Alchemy's products have proven themselves in some of the most competitive markets in the US. Their success is based on knowing what consumers want and delivering consistent product quality, diverse portion sizes, formulations and high-quality organic and vegan ingredients. LBA's impressive management team, with their diverse CPG expertise, and the company's extraction, manufacturing facilities and distribution business will bring significant new opportunities for SLANG's branded products in Oregon and California, further establishing SLANG's position as a leading global cannabis CPG company."
Aphria Inc. (TSX: APHA) (NYSE: APHA), a leading global cannabis company today announced several new executive appointments including James Meiers to the role of Chief Operating Officer, Aphria Leamington, Tim Purdie as Chief Information Officer & Chief Information Security Officer, and Maureen Berry as Vice President, Corporate Human Resources.
The Company also announced that Jakob Ripshtein, Aphria's President, will resign from the Company. Mr. Ripshtein will remain in his current role until June 7, 2019. His current responsibilities will be shared among the existing senior leadership team.
"On behalf of the Board of Directors and Aphria team, we thank Jakob for his contributions to the Company over the past year and wish him well in his future endeavors. He has been instrumental in assembling the incredible team we are fortunate to have today that will carry his responsibilities forward," said Irwin D. Simon, Interim Chief Executive Officer of Aphria Inc. "I am very pleased to welcome Jim and Maureen to Aphria, and to promote Tim. A top priority for us is to continue to build our executive talent and culture. We believe today's appointments demonstrate our commitment to adding depth, experience and leadership to our team as we further advance Aphria's strategic priorities in Canada and around the world."
"At Aphria, we remain focused on creating long-term shareholder value by leveraging our strong brand positioning, superior distribution model, product innovation, industrial scale cultivation and automation, medical-use leadership, and our strategic global platform, which we intend to amplify using proceeds from the Company's recent US$350M offering," continued Simon. "We are pleased to share that the ramp-up of our growing operations in Parts IV and V at Aphria One are progressing smoothly and Aphria One is on-track to reach its annualized production capacity of 110,000 kilograms by the end of 2019"
Simon concluded, "We have great opportunities around the world, including the recent award of our cultivation license in Germany, as well as in the U.S., where we are thoughtfully moving forward with strategic priorities to be in a position to succeed as the U.S. market evolves"
CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF), a North American cannabis products and brands company, today announced that it has filed its management information circular, letter of transmittal and related proxy materials and will commence delivery of the Meeting Materials for its special meeting of shareholders to be held on June 11, 2019 in connection with its previously announced statutory plan of arrangement in which Cresco Labs Inc. will acquire all of the issued and outstanding shares of Origin House.
Shareholders of Origin House should receive these Meeting Materials by mail shortly. The Meeting materials are also available on Origin House's website at www.originhouse.com and on SEDAR at www.sedar.com, under the Company's profile.
Origin House encourages shareholders to read the Meeting Materials in detail. To ensure that your Origin House shares will be represented at the Meeting, shareholders should carefully follow the voting instructions provided in the Meeting Materials. The deadline for the receipt of proxies is 10:00 am ET on June 7, 2019.
Assuming that the conditions to the completion of the Arrangement are satisfied, it is expected that the closing of the Arrangement will be completed prior to the end of June 2019.
After consulting with its financial and legal advisors, the Board of Directors of Origin House has unanimously recommended that shareholders of Origin House vote FOR the Arrangement.
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