Investor Ideas Potcasts, Cannabis News and Stocks on the Move; Episode 398 (TSX: FAF) (OTCQX: FFLWF)
Delta, Kelowna, BC - April 14, 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; Episode 398 - (TSX: FAF) (OTCQX: FFLWF)
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 and private company announcements.
First, CLICK™, a Southern California-based consumer lifestyle sublingual cannabis company, today announced that its inaugural line of sublingual cannabis-based sprays is now available at select dispensaries and delivery services throughout California.
CLICK is for everyone. It's for people who just want to feel good regardless of the situation or time of day. It's about living life to the fullest while feeling completely normal. CLICK is for millennials, boomers and everyone in between. From artists and entrepreneurs to gig workers and those trying to capture their dream, CLICK has something for everyone.
Backed by industry insiders, CLICK simplifies the cannabis experience. Simply spray under the tongue and feel effects in as little as six to eight minutes. CLICK's unique formulation offers control for how much cannabis our customers consume, and the discreet patent-pending bottle design allows CLICK to go wherever they go.
"Right now we have an opportunity to move away from the stigma of administering cannabis by smoking and vaping to a much cleaner, discrete and fun way of experiencing the benefits," said CLICK Director of Marketing Jared Gray. "As cannabis becomes a larger part of mainstream culture, we hope CLICK will empower consumers to navigate the rapidly growing industry with confidence."
Each bottle of CLICK is packed with 200mg of cannabinoids which delivers 80 2.5mg sprays in total. The inaugural line features four great-tasting products:
- GO THC - Pep-A-Mint Flavor with Green Tea Extract: Made with the highest grade of THC and paired with uplifting icy-cool peppermint and all-natural green tea extract, GO is perfect for people who want the active and energy-enhanced effects that cannabis can provide.
- RESTORE 1:5 - Lemon Ginger Grass Flavor with Boswellia: Custom-built for those who want to restore their body through the power of cannabis and other natural products, RESTORE strategically combines several ingredients such as THC, CBD, revitalizing all-natural lemongrass extract, calming ginger, and anti-inflammatory Boswellia.
- CHILL 2:1 - TropiCali Flavor with L-Theanine: CHILL uses the synergy between the antioxidant and immunity-boosting properties of all-natural pineapple extract and the probiotic powerhouse effects of mango, as well as L-theanine for heart and brain health and the Vitamin B and C rich properties of passion fruit, to achieve the perfect blend for those looking for a "whole-lotta-relax" in a super small dose.
- DREAM 1:2 - Midnight Mint Flavor with Melatonin: Fall into a deep sleep with the deep-sleep inducing effects of melatonin and aromatic and digestive-aids found in spearmint along with THC and CBD. DREAM is designed to give you the rest you deserve.
Along with industry veterans, professional athletes and influencers; the Company will continue to seek additional investment from proven and strategic investors dedicated to pursuing the vision of a healthier and easier way to consume cannabis.
Stash & Co. Recreational Cannabis, (www.thestashandco.com), announced that it is the first to provide customers in the Ontario area the ease of purchasing cannabis goods online and has launched its contactless bike delivery service in Ottawa, Ontario. Based in Centretown, Ottawa, Stash & Co. customers can order cannabis goods online (including dried flower, pre-rolls and edibles) and have their products delivered within 20 minutes or picked-up curbside. This new service is among the innovative ways that Stash & Co. has reacted in response to COVID-19 and recent changes in cannabis legislation in Ontario.
"During this unpredictable time, it's important that everyone follows social distances protocols and stays at home. We're promoting this movement by offering a bike-courier delivery service, allowing customers to pay online and with the aim to deliver their order within twenty minutes." says Joe Glynn, General Manager at Stash & Co. "We owe it to our team for adapting so quickly and staying so determined to provide our community this service. This really is a ground-breaking moment for the cannabis industry in Ontario."
Stash & Co. Recreational Cannabis has responded to COVID-19 with operational changes that places the store at the forefront of innovation and CSR within the cannabis industry. The company introduced click & collect options with contactless bike-delivery services. The company has also been offering an increased COVID-wage rate of an additional $3 per hour and has supplied meals to ensure their staff they are taken care of in all regards. With testament to this, Stash & Co. stays determined in ensuring the well-being of their team while still providing the safe sale of recreational cannabis to its customers.
Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) announced that it will release its financial and operational results for the fourth quarter and the fiscal year ended February 2, 2020 before financial markets open on April 30, 2020.
Fire & Flower's fourth quarter and fiscal year 2019 financial and operational results will be available on SEDAR and on the Company's website at https://fireandflower.com/investor-relations.
Following the release of its fourth quarter and fiscal year 2019 financial and operational results, Fire & Flower will host a conference call with Trevor Fencott, President and Chief Executive Officer, and Nadia Vattovaz, Executive Vice President, Operations and Chief Financial Officer at 8:30 AM Eastern Time on April 30, 2020.
Toll-Free Dial In Number: 1-888-390-0546
Conference ID: 604477401
Replay Information (Available until May 21, 2020)
Toll-Free Dial In Number: 1-888-390-0541
Replay Code: 477401#
Upon completion of the live conference call, a replay of the conference call will be accessible on Fire & Flower's website at https://fireandflower.com/investor-relations.
The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF), a leading producer of premium certified organic cannabis, announced that it has signed a letter of intent with the Société québécoise du cannabis ("SQDC") ahead of the upcoming launch of its lineup of teas made with only certified organic ingredients.
"Entering the Quebec market is an important milestone for TGOD as we continue ramping up sales and production volumes," commented Brian Athaide, CEO of TGOD. "Our teas leverage the same fast-acting technology used for TGOD Infusers, and a proprietary know-how, which eliminates the need to use sugar when infusing cannabinoids in whole leaf teas. Our Science team successfully developed a lineup of great-tasting tea blends that are organically grown and sustainably sourced."
As Canada's second largest province, Quebec plays an important role in TGOD's national roll out strategy. The Company now has agreements in place with every province except Prince Edward Island, with plans to broaden the portfolio of products offered as it ramps up production.
Finally, a lot has been said towards the positive growth and sales in the industry during the COVID-19 Pandemic but now almost more than a month into quarantine for most states and provinces, US companies are looking at potential future fallout.
Two different articles recently discussed the difficulties being faced in the California cannabis market, still to date the world's largest cannabis market, which many business owners and growers in the state are beginning to worry about.
Cannabis Business Times recently interviewed Hezekiah Allen, a former cannabis grower who has an extensive history in the California market.
Allen is perhaps most well-known for his work as executive director of the California Growers Association (CGA) from 2015-2018, where he advocated and lobbied for legislation that protected the state's extensive cannabis heritage, including its smaller, family-run farms. He had formed HDA Public Affairs in 2010 to separate and protect himself and his then-gray-market grow from his lobbying and advocacy work.
Cannabis Business Times spoke with Allen about the current outlook of the state's cannabis businesses, the impacts of the coronavirus pandemic on the already strained legal cannabis market, and what needs to change for the state's industry, which he says "will fail without government intervention."
MJBizDaily also discussed the growing concerns for the California market stating that, "Cannabis companies are entering a new normal as the coronavirus pandemic puts stress on every sector of business, fundamentally altering the industry in possibly permanent ways."
The article continued saying that , "the COVID-19 outbreak has exacerbated fault lines in the rapidly evolving market and led to number of new outcomes, including:
- Retailers adapting to changing consumer behavior by offering delivery, curbside pickup, etc.
- State-by-state legalization movements hitting major obstacles.
- Businesses hoping for post-pandemic real estate deals.
- An acceleration of acquisitions and business failures, specifically in California.
- Canadian companies making the best of market uncertainty and changing regulations.
- Firms reevaluating the viability of the international supply chain.
"Don't plan for disruptions to end on your timeline," said Sumit Mehta, CEO of San Francisco-based investment group Mazakali.
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