Investor Ideas Potcasts, Cannabis News and Stocks on the Move; (TSX: ZENA) (CSE: BEV) (CSE: MOTA) (TSX: TGOD) (OTC: TGODF) (TSX: JWCA.V)
Delta, Kelowna, BC - February 19, 2020 (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 podcast edition of 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; (TSX: ZENA) (CSE: BEV) (CSE: MOTA) (TSX: TGOD) (OTC: TGODF) (TSX: JWCA.V)
Today's podcast overview/transcript:
Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.
In today's podcast we look at a few public announcements.
But first, a team of Canadian cannabis industry professionals have launched the world's first public relations agency focused on cannabis, psychedelics and other emerging regulated markets - all with heightened transparency not often seen in traditional PR.
Along with years of combined experience working in the regulated Canadian cannabis sector, the company's team is ushering in a new approach to PR services with four core values: transparency, authenticity, accountability, and consistently driving value.
Alan Aldous will offer services in communications and marketing for emerging and regulated markets, including full-spectrum public relations support, search engine optimization, media outreach, and the development of corporate social responsibility (CSR) initiatives.
As emerging markets mature in Canada and abroad, brands realize that the one-size-fits-all PR agency model, with increasingly uncontrollable monthly retainers, may no longer make sense.
Unlike most PR firms, Alan Aldous offers a transparent quote builder on its website, so brands can determine an approximate budget for their desired PR services - on a per campaign basis with no exclusivity contracts.
The name "Alan Aldous" is a nod to two highly-inquisitive famous authors, Alan Watts and Aldous Huxley. Both of these extraordinarily forward-thinking writers focused on psychedelic content in their works and advanced the world towards better human understanding.
Alan Aldous has developed one of the most comprehensive private media contact databases within the cannabis and psychedelics industry.
Zenabis Global Inc. (TSX:ZENA) announced details of its cannabis derivative product strategy and execution, including entering into an agreement with a Canadian beverage manufacturer to produce a range of cannabis-infused beverages.
- In December 2019, Zenabis signed a definitive agreement with HYTN Beverages Inc. to produce a range of cannabis-infused beverages at Zenabis Stellarton.
- The initial launch of cannabis-infused sparkling water beverages under the HYTN brand are listed with all Zenabis' Provincial counterparties, with strong indicative demand. First shipment of the initial four flavours of the cannabis-infused sparkling water beverages expected in Q2 2020.
- Zenabis executed its first production run of vape cartridges for the PAX Labs Inc. Era vaporizer device range. The initial run was immediately sold to three provincial partners. The first provincial shipments commenced on 5 February, 2020.
- Zenabis Atholville's extraction lab is currently operating at 400 kg of biomass per month, and is expected to reach steady state in March 2020. The intent is to use cannabis extracts from Zenabis Atholville in Zenabis' cannabis derivative products once extraction reaches steady state.
HYTN is in the process of installing its own beverage production line in Zenabis Stellarton, with commission expected to be completed by March 2020. Zenabis will supply the requisite cannabis extracts and provide coast to coast distribution with the company's provincial counterparties. The intent is to launch a series of cannabis-infused sparkling water beverages under the HYTN brand with future beverage products planned to the extent that is justified by market conditions and demand.
"We are happy to announce a new addition to the Canadian cannabis 2.0 market. We are working with a partner that has experience successfully formulating new beverage options in the Canadian market. The combination of HYTN's beverage manufacturing expertise with our high-quality cannabis extracts allows Zenabis to provide consumers with a new line of high-quality cannabis-infused beverages," commented Kevin Coft, Chief Executive Officer of Zenabis. "Initial indicative demand from our provincial partners is strong and we hope to have these products into their supply chains in Q2 2020. This will make Zenabis one of the first licensed producers to bring cannabis-infused beverages to the Canadian market."
BevCanna Enterprises Inc. (CSE: BEV) (OTCQB:BVNNF) announced that it has entered into a definitive joint venture agreement with Mota Ventures Corp. (CSE:MOTA) (OTC: PEMTF), to exclusively distribute BevCanna's hemp-derived cannabidiol (CBD) products in the European market.
The Joint Venture will initially launch BevCanna's "LEV" line of fruit-forward lightly sparkling CBD-infused spring water beverages and water-soluble powders. The beverages will also utilize BevCanna's proprietary method of nano-delivery of cannabinoids, a unique technology that produces a rapid onset time for the cannabinoids. The JV will launch additional products over the life of the five-year agreement.
Under the agreement, BevCanna and Mota have agreed to share equal ownership in the Joint Venture and be jointly responsible for developing and funding its operations. In addition to capital, BevCanna has agreed to contribute proprietary brands, product formulations, formulas for nano-encapsulated water-soluble powders, and marketing and manufacturing expertise to the Joint Venture. Mota has agreed to provide manufacturing, marketing and distribution infrastructure in the European market.
"We're eager to launch our CBD products in the European market," said John Campbell, Chief Strategy Officer of BevCanna. "Infused beverages are a great way to enjoy cannabidiol in a familiar, appealing consumption format, while also being non-carcinogenic and more socially friendly than other formats. We're also excited to employ our proprietary nano-technology in our beverages, which is more bioavailable and produces a rapid onset time."
The company also announced that it is significantly expanding its manufacturing premises, in anticipation of the Company receiving its standard processing license and initiating full-scale commercialization this year.
Pursuant to a second amendment agreement dated February 14, 2020, BevCanna's current 5,235 square foot of dedicated cannabis production premises has doubled to 10,378 square feet.
"This expansion is an exciting step for BevCanna," said John Campbell, Chief Strategy Officer at BevCanna. "We expect to receive our standard processing license imminently, and we're preparing to initiate full-scale production in the coming months. We've seen a fantastic consumer and industry response to the upcoming Canadian beverage market, and this development ensures that we have capacity and full product offerings to fulfil the anticipated demand."
The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF), a leading producer of premium certified organic cannabis, announced that it has secured a research licence from Health Canada. Valid for five years, the Licence allows TGOD to reduce the cost and accelerate the pace at which it develops new products by eliminating reliance on third parties.
"As consumers become increasingly aware that not all cannabis products are created equal, we want to ensure that TGOD continues to go to market with consumables that bear a seal of premium quality that they can trust," commented Brian Athaide, CEO of TGOD. "By leveraging the expertise of our in-house Science and Marketing teams, we are able to optimize costs and accelerate our speed to market. In parallel, we are also layering on additional quality control measures ensuring a high level of consistency across all our product lines."
TGOD also intends to leverage the newly awarded Licence to complete the development of additional premium cannabis 2.0 products, which are expected to launch later this year.
James E. Wagner Cultivation Corporation (TSX: JWCA.V) (OTCQX: JWCAF), announced that it has entered into a Master Cannabis Supply Agreement effective February 6, 2020, with the Ontario Cannabis Retail Corporation, operating as the Ontario Cannabis Store. This agreement marks the launch of JWC's products for sale into the recreational market.
The agreement provides the framework for JWC to supply its aeroponically grown cannabis products to the OCS, making them available for purchase through the OCS online store and nearly 30 private retail stores across Ontario.
"In signing an agreement with the OCS, we are able to realize our goal of joining one of the largest recreational cannabis markets in the industry," says Nathan Woodworth, JWC President and CEO. "Our products have a reputation for consistency and flavour. We will be introducing new products in different formats to service a wide range of lifestyles."
As announced in its press release dated November 20, 2019, JWC is also working with Kindred Partners Inc. to offer products for sale in Saskatchewan and Newfoundland. Kindred is a specialty brokerage and services company for cannabis products.
Each of JWC's cultivars are grown exclusively using the Corporation's proprietary GrowthSTORM™ aeroponic technology, recognized for producing clean, consistent cannabis. JWC is on track to produce a total of over 35,000 kg of dried cannabis per year once its JWC2 cultivation facility, located at 530 Manitou Drive, Kitchener, Ontario, is fully operational.
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