Investor Ideas #Potcasts #Cannabis News and #Stocks on the Move: NASDAQ: $CRON, CSE: $VGW.C, CSE: $BE.C, TSXV: $GENE.V, TSXV: $N.V
Delta, Kelowna, BC –August 29, 2018 (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 its series, Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
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Today’s podcast overview/transcript:
Good morning and welcome to another Investorideas.com potcast – looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.
Today we will be looking at announcements from Valens GroWorks Corp. trading on the CSE as VGW, Beleave Inc. trading on the CSE as BE, INVICTUS MD STRATEGIES CORP. trading on the TSX-Venture as GENE and the OTC as IVITF, Cronos Group Inc. trading on the NASDAQ and the TSX as CRON and Namaste Technologies Inc. trading on the TSX-Venture as N.
Valens GroWorks Corp., a multi-licensed, vertically integrated provider of cannabis products and services utilizing proprietary extraction processes today announced that it has signed a letter of intent with Colombian-based licensed producer Eticann S.A.S. Zomac ("Eticann") for:
- the Company to purchase cannabis materials from Eticann;
- the exclusive right for the Company to provide extraction services for Eticann's premium cannabis oil product offerings;
- the provision of extraction service expertise to Eticann for toll processing services in Colombia and surrounding markets; and
- Option to purchase up to 50% of Eticann's issued and outstanding shares.
This announcement marks Valens' first international supply and extraction agreement to date, capitalizing on the company's Health Canada Dealer's License.
Beleave Inc. announced that it has received its first purchase order from the BC Liquor Distribution Branch ("BCLDB"). The Company was selected by the BCLDB as an official supplier earlier last month following a comprehensive approval process.
Beleave will package and sell its cannabis products in British Columbia under the Seven Oaks brand when recreational sales are set to begin on October 17, 2018. The brand is guided by the principles of responsible and safe access to recreational cannabis for adults who like to maintain productive and active lifestyles.
INVICTUS MD STRATEGIES CORP. announced that its wholly-owned Alberta subsidiary, Acreage Pharms Ltd. , has signed a Purchase Order with Alberta Gaming, Liquor and Cannabis ("AGLC") to supply the province with a selection of premium cannabis products for the upcoming adult recreational market. The agreement includes an initial one-year term, with two one-year renewal options.
Invictus' Acreage Pharms Ltd., fully licensed under the Access to Cannabis for Medical Purposes Regulations ("ACMPR"), is scaling up with new state-of-the-art purpose-built indoor facilities. Phases 1, 2 and 3 are expected to bring Acreage Pharm's gross cultivation space to 130,000 square feet by January 2019, followed by Phase 4 which will add an additional 90,000 square feet, for a total production capacity of 220,000 square feet.
To complement Acreage Pharms' portfolio of award-winning strains, Invictus has partnered with world-leading Authentic Brands Group ("ABG") in New York to launch a line of distinct lifestyle inspired cannabis brands that feature its high-quality products for patients and adult recreational users. Products will include dried flowers, oils and concentrates, and consumables as regulations permit. The Company expects to launch one medical brand and four recreational brands in the coming weeks.
Cronos Group Inc. announced that it has entered into a joint venture agreement with an affiliate of Agroidea SAS, Colombia's leading agricultural services provider with over 30 years of research, development and production operations. This partnership establishes a newly formed entity, NatuEra S.à r.l., in Colombia that will develop, cultivate, manufacture and export cannabis-based medicinal and consumer products for the Latin American and global markets.
NatuEra plans to develop its initial cultivation and manufacturing operations with a custom-built facility on 207 acres of available land located in Cundinamarca, Colombia. The natural environment and climate conditions of this region are particularly well suited for the growth of cannabis. Colombia is a global leader in tropical agricultural products for export and is poised to play a pivotal role as the cannabis industry expands globally and new markets continue to open. To take full advantage of Colombia's strategic positioning in the Latin American and global markets, the state-of-the-art facility is expected to be designed to meet GAP and GMP requirements and standards for cultivation, extraction, manufacturing and export activities. NatuEra intends to become the world's leading production platform for premium quality, certified cannabis and cannabinoid-derived products, creating the cannabis industry's first Contract Manufacturing Organization ("CMO") in Latin America. As a CMO, NatuEra intends to allow the growing number of cannabis brands worldwide to outsource their development, cultivation, and/or manufacturing activities.
Namaste Technologies Inc. dannounce that the Company has signed a wholesale supply agreement with Manitoba-based, late-stage ACMPR applicant, Kief Cannabis Company Ltd. Under the terms of the Supply Agreement, Namaste will purchase bulk cannabis products under the Company's wholly-owned subsidiary, Cannmart Inc. to offer in its online platform.
Kief Cannabis is focused on developing high-quality artisan-crafted cannabis products with a specific focus on the best plant genetics and a refined production process that is designed to deliver high-grade, small-batch craft product. Kief Cannabis will focus on the high-end recreational market with premium quality cannabis. Through the Supply Agreement with Namaste, Kief Cannabis will position in itself for national exposure by offering its products through Cannmart's online marketplace and in having their products for sale along with other leading Canadian cultivators who are participating in Namaste's platform.
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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Additional disclosure: Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: www.investorideas.com/...
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: www.bcsc.bc.ca/... Global investors must adhere to regulations of each country.