Delta, Kelowna, BC –May 13, 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.
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Read this in full at Investor Ideas Potcasts, Cannabis News and Stocks on the Move May 13th (TSX: TGOD) (NYSE: ACB) (TSXV: RTI) (TSX: TRST) (CSE: VAPN)
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.
But first, as yesterday was Mother’s day, we start by looking at some of the data from New Frontier Data regarding cannabis consumption among mothers. Among 3,000 self-described American cannabis consumers surveyed by New Frontier Data, mothers use cannabis more frequently than do women without children. Those whose children are minors (under 18) are more likely (30%) to describe consumption as an important aspect of their identities than are either those with adult children (17%) or those without children (18%).
Likewise, those with children under 18 are more likely (34%) to spend more than $100 per month on cannabis than either those with adult children (21%) or those without children (19%).
Overall, mothers are 29% more likely (54% vs. 42%) to “primarily or only” consume cannabis alone than are women without children, while nearly a third of mothers (30%) said they “only” do so (compared to 18% of women without children): Solitary use is slightly higher among mothers whose children are adults rather than minors.
Mothers are more likely than women without children to say that family members know about their cannabis use (78% vs 65%), yet mothers (82%) are less likely than women without children (87%) to say that their friends know about their cannabis use.
Also in the news, Alberta's cannabis sector has created a unified voice with the launch of the Alberta Cannabis Council (ACC). The ACC will serve to elevate the awareness of the Alberta cannabis sector and advocate on behalf of their members across Alberta. Guided by five key pillars, the ACC will engage, advocate, educate, protect the public, and give back. Through this, the ACC will highlight the economic opportunity of the cannabis sector, educate consumers, and work with regulators to reduce the illicit market.
The ACC is governed by founding members who make up the board of directors:
Nathan Mison – Fire & Flower, Board Chai
Ashley Newman – Queen of Bud, Vice Chair
Gerald Proctor – Sundial Growers Inc., Board Treasurer
Jeff Mooij – 420 Investments, Board Secretary
Jesse Beaudry – Candre Cannabis Inc.
"The unified voice we have created with ACC will help us educate in a responsible, safe and transparent manner as well as advocate with stakeholders and government on key issues," said Michelle Russell, Executive Director. "We are very proud of the team we have built, with representatives from all over the cannabis sector, including retailers and LPs."
The ACC is unique and will provide members access to governments and industry influencers as well as be a platform to engage with and give back to the community. It will also offer a professional support system for smaller companies.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) announced that its wholly owned subsidiary, HemPoland, has entered into an agreement with Mediakos UG haftungsbeschraenkt (Mediakos) to be the exclusive distributor of CannabiGold, its premium hemp CBD brand, for the German pharmacy market.
Mediakos UG spun out of Aponeo.de, a leading German online pharmacy, and is managed by a team of seasoned industry executives with demonstrated expertise in marketing and distribution of health and wellness products. It currently distributes a broad portfolio of products to a network of more than 15,000 pharmacies and can capitalize on over 10 million customers.
"With a population of over 82 million, Germany plays a pivotal role in TGOD's international expansion strategy," commented Brian Athaide, CEO of TGOD. "We are thrilled to be working with Mediakos' experienced team as we continue to solidify CannabiGold's position as a leading brand within the European market."
HemPoland's CannabiGold products are now available in pharmacies across Germany as well as through their respective e-commerce platforms, including Germany's ten largest online pharmacies.
"With CBD quickly gaining popularity in Germany, we are proud to be partnering with TGOD's HemPoland as the exclusive distributor of their CannabiGold brand for the German pharmacy market," stated Nikolas Primbas, CEO of Mediakos UG haftungsbeschränkt. "Their recent organic certification is an important point of differentiation which will resonate with German consumers."
Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB) and Radient Technologies Inc. (TSX-V: RTI) (OTCQX: RDDTF), announced today that Aurora has taken delivery of Radient's first commercial batch of finished cannabis derivatives, from Radient's proprietary extraction platform. With this first batch, Radient has proven its enhanced ability to produce cannabinoid derivatives at commercial scale, and will continue to scale up production at Radient's cannabis facility in Edmonton, reaching an expected eventual annual throughput of approximately 300,000 kg of cannabis biomass at this single location.
The partnership between Radient and Aurora was established in 2017 after the completion of a Research Joint Venture that validated Radient's MAPTM extraction technology was capable of superior cannabinoid extraction at commercial scale. For Aurora, the relationship with Radient forms an important component of its derivative product strategy, providing a greater return on the biomass allocated for extraction, favourable cost advantages, and significantly increased extraction capacity.
In Radient's deliveries to Aurora, commercial scale batches of dried cannabis biomass were fully processed and refined within a 24-hour period, due mainly to the speed of initial extraction and the unique, continuous flow nature of Radient's platform.
Radient's technology platform is designed for high extraction efficiencies and high-volume throughput of cannabinoids available in the plant biomass. This is anticipated to provide Aurora with cost and volume advantages in delivering a broad suite of derivative products.
Radient's Hemp facility in Edmonton will have an annual throughput of approximately 3,200,000 kg of hemp biomass. Phase one is expected to be completed in calendar Q3 of 2019.
"Aurora recognized early that high-throughput, high-quality extraction technologies would be a competitive advantage in a rapidly developing cannabis industry," said Terry Booth, CEO of Aurora. "Our investment will begin to pay dividends with Radient achieving fully licensed, commercial status. Once scaled up, the addition of Radient's technology will significantly increase our ability to deliver high-value cannabis products at scale, complementing our existing internal extraction capabilities, which will support a full suite of derivative products."
Mr. Booth continued, "Cannabidiol (CBD) derived from hemp requires the level of throughput that Radient's technology and state-of-the-art second facility will provide to existing and future medical, wellness and consumer markets. We look forward to working with Denis and the Radient team to further our global position in the derivative markets."
Vapen MJ, through its wholly-owned subsidiaries, currently operates as an agricultural technology, services and property management company utilizing a full vertical integration business model to oversee and execute all aspects of cultivation, extraction, manufacturing (THC and CBD Vape cartridges, concentrates, edibles), retail dispensary, and wholesale distribution of high margin Cannabis THC and Hemp CBD products. Vapen MJ currently provides these management and marketing services in the State of Arizona with expansion plans through acquisitions and partnerships worldwide.
Vapen MJ's mission is to enable licensed cultivators worldwide of cannabis and hemp to enhance quality, yields and proliferate VAPEN branding through their established channels.
Vapen MJ is on a significant revenue and profitability growth trend since 2016 and with our most recent fiscal calendar year having generated over US$18 million in gross revenues with EBITDA in excess of US$6 million.
Thai Nguyen, founder and CEO, commented, "We are very excited to be listed on the CSE and begin our journey to build a world class international operation that will work with licensed cannabis facilities to produce the highest quality products on a consistent basis. Our listing on the CSE is the beginning of a new era for Vapen MJ as we have focused on perfecting the basics for the last 6 years and are excited for our aggressive expansion plans."
CannTrust Holdings Inc. (TSX: TRST) (NYSE:CTST), today announced it has finalized a Letter of Intent ("LOI") with Société québécoise du cannabis ("SQDC") to provide Quebec with high quality cannabis for the recreational market.
"This LOI signifies the first step towards a long and impactful relationship with the SQDC and consumers in Quebec. This is an important milestone as we have secured national distribution across all ten provinces for our adult-use products," said Peter Aceto, Chief Executive Officer, CannTrust. "This will allow us to develop our brand presence in Quebec at a time when consumers are beginning to develop their preferences."
The LOI will serve as an introduction of CannTrust's recreational brands to the Quebec market beginning with two of the Company's most established strains that will be available through SQDC later this year.
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