Investor Ideas Potcasts, Cannabis News and Stocks on the Move; Episode 456 (OTC: PSYC) (NASDAQ: NEPT) (TSX: NEPT)
Delta, Kelowna, BC - August 18, 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 456 (OTC: PSYC) (NASDAQ: NEPT) (TSX: NEPT)
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 private and public company announcements.
Kalo, a handcrafted, locally-sourced, hemp-infused seltzer, makes its debut today in stores and restaurants throughout the New York City Metropolitan Area. Thanks to an agreement with Pepsi-Cola Bottling Co. of New York Inc. (PCNY), Kalo will now be available for purchase in major grocery stores, bodegas, natural food markets and more in all five boroughs of NYC, along with Long Island and Westchester. This makes Kalo the first functional hemp beverage to launch in the PCNY distribution system.
Pepsi-Cola Bottling Co. of NY (PCNY) is a privately held manufacturer and distributor of some of the world's leading consumer brands. The company operates from five facilities in the New York City area and is proud to sell products from PepsiCo, Keurig Dr. Pepper, Danone and many other fine companies. PCNY is one of the largest beverage distributors serving New York City, Long Island and Westchester County.
Kalo arrives in New York City in its four delicious, natural flavors: Strawberry Watermelon, Lemon Lavender, Pomegranate Peach, and Raspberry Lime. A 12 oz. can contains only 15 calories and 2 grams of sugar. The hemp-infused seltzer is created by Hillview, a family-owned New Jersey-based innovator in agricultural technology. Hillview provides Kalo with locally-grown hemp of the highest quality, rich in naturally occurring cannabinoids, vitamins and nutrients.
"Kalo represents a massive step forward for hemp-infused beverages," said Ken VandeVrede, CEO of Hillview. "Generations of agricultural experience and investment and state-of-the-art hemp technology has led to a product that we feel is unmatched in the space. We couldn't be more excited to partner with PCNY, as we know New York is ready for Kalo."
"Plant-based beverages are extremely innovative and growing fast. Our employees and distributors are very pleased to sell and deliver Kalo which will be a fantastic addition to our portfolio of innovative beverages," said Reginald Goins, President and COO of PCNY. "We continue to be very selective in which brands we carry and Kalo is a special hemp-infused beverage that our consumers will love."
Global Trac Solutions, Inc. (OTC: PSYC) announced that in an effort to accelerate the Company's development of premium industry centric content for its Psychedelic Spotlight website (www.psychedelicspotlight.com) and Microdose Monthly newsletter, PSYC has established a content development partnership with Microdose Psychedelic Insights (www.microdose.buzz), the leader in psychedelic media and events based out of Toronto, Canada.
Through this partnership with Microdose, PSYC will have the distinct ability to work in a collaborative effort with Microdose's talented and knowledgeable content development team to produce and present original, broad-minded content that offers a unique and in-touch perspective related to the emerging space of psychedelic medicine.
Said Global Trac Solutions, Inc. CEO David Flores: "We are delighted to have established this outstanding partnership with a firm like Microdose who have such a compelling and impressive finger on the pulse of the medicinal psychedelic industry. More importantly, I am thrilled to partner and work with a company where our passion, principles, and overall vision within this industry are so perfectly aligned and the opportunity it will present to unify each of these critical aspects in producing exceptional informational and educational-focused content that I hope will contribute to the advancement of psychedelic medicines as a recognized treatment. It is also our intent to leverage this terrific opportunity to more distinctly develop our identity and expand our reach within this quickly evolving sector."
Said Patrick Moher, Microdose Partner: "We are pleased to be aligning the team at Psychedelic Spotlight, amplify our ability to produce high quality, evidence based, original psychedelic content. We believe that collaboration is critical to create a successful industry in the long term and are excited to see where this partnership takes us."
In addition to this partnership, the Company has also demonstrated considerable focus in recent weeks towards expanding its pool of talented and experienced freelance writers within the field of medicinal psychedelics and with the intent of increasing its production and output of original content over the next several weeks and in the months ahead.
Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on natural, plant-based, sustainable and purpose-driven lifestyle brands, is pleased to introduce its proprietary Mood Ring cannabis brand for the Canadian market. The Mood Ring brand and product line will officially launch in select Canadian markets this fall to meet consumer demand for high-quality, affordable and environmentally friendly cannabis products.
Mood Ring leverages Neptune's decades of experience in the wellness, extraction and consumer packaged goods (CPG) industries to bring product offerings to market that are designed to meet the specific demands of Canadian consumers. Mood Ring CBD products primarily target wellness-focused consumers looking for natural products, whereas Mood Ring THC concentrates focus on the recreational market.
Mood Ring will use Neptune's proprietary cold ethanol extraction process technology to create full spectrum extracts for the Company's tincture and capsule products and newly implemented solventless extraction for THC concentrates. These processes allow Mood Ring to provide consumers with all of the cannabinoid and terpene benefits of the plant with a significantly lower environmental impact, requiring significantly less energy use when compared to CO2 extraction.
"Mood Ring is directly aligned with our strategy to move closer to the consumer and drive our growth with unique, high-quality and affordable health and wellness branded products," said Michael Cammarata, Chief Executive Officer of Neptune Wellness Solutions. "Our initial launch of Mood Ring will focus on CBD and THC products that we can immediately scale up to support the volumes required to meet demand, with future products in development. We intend to price our products to be competitive with the illicit market, which will provide legal options for legacy consumers that meet their needs and expectations, while attracting new consumers in a friendly and approachable way."
In June, Neptune received authorization by Health Canada to sell cannabis products to provinces and territories. This sales license includes edibles, extracts, and topical products. Health Canada's authorization adds to Neptune's previously held processing license and permits the Company to expand its cannabis operations to include Mood Ring and future proprietary branded products.
Lastly today on a more unrelated note I'd like to bring up a brand new product I've come across which is a great indicator of where innovation could take this industry.
The product is the Bello Vaporizer and essentially is a new device designed to put your 510 thread distillate cartridges on tap.
The first of its kind for this style of product, why this may be impactful for the industry is that this allows for a new shareable format of consumption for 510 thread distillate, one of the largest growing segments of the cannabis sector today. This product also highlights one of the major factors to consider when looking at product development or industry trends which is that what we currently see as the forms and preferences of cannabis consumption today, may have little to nothing to do with the forms and preferences of cannabis consumption for the future.
When addressing this industry as a whole we must make sure to focus not only on the business basics and financial essentials but also long term trends and consumer factors that can drastically change the landscape of the industry.
Find out more about the Bello Vaporizer here: https://www.bello.love/
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