Investor Ideas #Potcasts #Cannabis News
and #Stocks on the Move: NASDAQ: $TGEN,
CSE: $CROP.C, TSXV: $GENE.V, TSXV: $GTEC.V
and #Stocks on the Move: NASDAQ: $TGEN,
CSE: $CROP.C, TSXV: $GENE.V, TSXV: $GTEC.V
Delta, Kelowna, BC –August 30, 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.
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.
Listen to the podcast:
Read this in full at http://www.investorideas.com/news/2018/cannabis/08302Potcasts-NASDAQ-TGEN-CSE-CROP-TSXV-GENE-GTEC.asp
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.
at cannabis news, stocks to watch as well as insights from thought leaders and
experts.
Today we will be looking at announcements from CROP Infrastructure Corp. trading on the CSE as CROP, INVICTUS MD STRATEGIES CORP. trading on the
TSX-Venture as GENE, GTEC Holdings Ltd. trading on the TSX-Venture as
GTEC, and Tecogen Inc. trading
on the NASDAQ as TGEN.
TSX-Venture as GENE, GTEC Holdings Ltd. trading on the TSX-Venture as
GTEC, and Tecogen Inc. trading
on the NASDAQ as TGEN.
But first, yesterday Health Canada announced the new Cannabis Tracking
System, an important milestone in preparation for the coming into force of the Cannabis Act. The system will enable
the tracking of cannabis to prevent legal cannabis from being diverted to the
illegal market and illegal cannabis from being introduced into the legal
market.
System, an important milestone in preparation for the coming into force of the Cannabis Act. The system will enable
the tracking of cannabis to prevent legal cannabis from being diverted to the
illegal market and illegal cannabis from being introduced into the legal
market.
The Cannabis Tracking System builds on a system that has been in place
for nearly five years to track cannabis for medical purposes and that has
proven to work. It will be used by provinces and territories, as well as those
that hold a federal licence to cultivate and process cannabis, to track the
movement of cannabis from cultivation to processing to sale.
for nearly five years to track cannabis for medical purposes and that has
proven to work. It will be used by provinces and territories, as well as those
that hold a federal licence to cultivate and process cannabis, to track the
movement of cannabis from cultivation to processing to sale.
Personal information on individual consumers will not be collected. The
Cannabis Tracking System will only collect data that is necessary for Health
Canada to track cannabis at a national level.
Cannabis Tracking System will only collect data that is necessary for Health
Canada to track cannabis at a national level.
CROP Infrastructure Corp. announced that it will
launch its first line of Hemp oil infused cosmetic and therapeutic products
under the brand 'URBAN JUVE', pursuant to its previously announced License
Agreement with The Yield Growth Corp.'s subsidiary, Urban Juve Provisions Inc.
(formerly Juve Wellness Inc.). The License Agreement gives CROP exclusive
rights in Italy to the URBAN JUVE products, as well as non-exclusive
distribution rights in the United States.
launch its first line of Hemp oil infused cosmetic and therapeutic products
under the brand 'URBAN JUVE', pursuant to its previously announced License
Agreement with The Yield Growth Corp.'s subsidiary, Urban Juve Provisions Inc.
(formerly Juve Wellness Inc.). The License Agreement gives CROP exclusive
rights in Italy to the URBAN JUVE products, as well as non-exclusive
distribution rights in the United States.
Furthermore, the Company in partnership with the team from Xhemplar
S.R.L. CROP's cultivation and extraction joint venture partner in Italy, is
scouting locations to open 2 CBD retail outlets in Northern Italy under the
company's Emerald Heights brand, before the end of 2018.
S.R.L. CROP's cultivation and extraction joint venture partner in Italy, is
scouting locations to open 2 CBD retail outlets in Northern Italy under the
company's Emerald Heights brand, before the end of 2018.
The URBAN JUVE product line which will be featured prominently along
with Xhemplar products, and Hempire hemp oil products at all Italy locations.
Urban Juve is inspired by Ayurvedic philosophy and is created for the modern,
wellness-conscious consumer. The unique formulations benefit consumers seeking
natural products made with the highest quality ingredients. Urban Juve is
manufacturing its first line of 12 topical products in the fall of 2018. All
the products contain hemp oil procured through a patent pending hemp oil
extraction process. Crop has the right to add hemp oil to the products and
distribute them throughout Italy.
with Xhemplar products, and Hempire hemp oil products at all Italy locations.
Urban Juve is inspired by Ayurvedic philosophy and is created for the modern,
wellness-conscious consumer. The unique formulations benefit consumers seeking
natural products made with the highest quality ingredients. Urban Juve is
manufacturing its first line of 12 topical products in the fall of 2018. All
the products contain hemp oil procured through a patent pending hemp oil
extraction process. Crop has the right to add hemp oil to the products and
distribute them throughout Italy.
According to a study by Arcview Market Research and its research partner
BDS Analytics, by 2027 worldwide sales of legal cannabis are forecast to reach
$57 billion. During that period, spending in North America is expected to leap
from $9.2 billion to $47.3 billion driven mainly be recreational use. The
fastest cannabis market growth is expected to come from outside North America,
especially Europe where the main growth driver will be medical applications.
Medical cannabis use will be fed by $1.3 trillion estimated annual
government-subsidized healthcare spending. The structure of the healthcare
industry is expected to make Europe the number one medical cannabis market in
the world.
BDS Analytics, by 2027 worldwide sales of legal cannabis are forecast to reach
$57 billion. During that period, spending in North America is expected to leap
from $9.2 billion to $47.3 billion driven mainly be recreational use. The
fastest cannabis market growth is expected to come from outside North America,
especially Europe where the main growth driver will be medical applications.
Medical cannabis use will be fed by $1.3 trillion estimated annual
government-subsidized healthcare spending. The structure of the healthcare
industry is expected to make Europe the number one medical cannabis market in
the world.
INVICTUS MD STRATEGIES CORP. announced that it has
entered into a binding Letter of Intent with GTEC Holdings Ltd. to provide GTEC
with a non-revolving unsecured convertible loan in an amount up to $2,000,000,
and an interest rate of prime plus 5%. Subject to regulatory approvals, all or
a portion of the principal and accrued interest on the Loan Facility may be
convertible into common shares of GTEC, at the option of Invictus, at any time
prior to or on the last business day immediately preceding the Maturity Date,
as defined below, at a conversion price equal to $1.50 per common share. Upon
mutual agreement of both parties and prior to the Maturity Date, Invictus may
increase the amount of the Loan Facility up to $6,000,000.
entered into a binding Letter of Intent with GTEC Holdings Ltd. to provide GTEC
with a non-revolving unsecured convertible loan in an amount up to $2,000,000,
and an interest rate of prime plus 5%. Subject to regulatory approvals, all or
a portion of the principal and accrued interest on the Loan Facility may be
convertible into common shares of GTEC, at the option of Invictus, at any time
prior to or on the last business day immediately preceding the Maturity Date,
as defined below, at a conversion price equal to $1.50 per common share. Upon
mutual agreement of both parties and prior to the Maturity Date, Invictus may
increase the amount of the Loan Facility up to $6,000,000.
The proceeds from the Loan Facility will be used by GTEC for working
capital and to further execute GTEC's cannabis retail expansion strategy in
Western Canada and Ontario. GTEC expects to have a minimum of 15 Cannabis
Cowboy retail stores open by October 17. 2018, in Alberta, as well as 1
location in Saskatchewan, complemented by an e-commerce platform that will
serve the entire Province.
capital and to further execute GTEC's cannabis retail expansion strategy in
Western Canada and Ontario. GTEC expects to have a minimum of 15 Cannabis
Cowboy retail stores open by October 17. 2018, in Alberta, as well as 1
location in Saskatchewan, complemented by an e-commerce platform that will
serve the entire Province.
The definitive agreement will also provide Invictus with a right of
first refusal to fill up to thirty percent (30%) of any cannabis purchase order
domestic or international (whether for flower or oil) that GTEC, or its
wholly-owned subsidiaries, are seeking to purchase from third party Licensed
Producers for a period of two years. Invictus' diversified product portfolio features
69 Health Canada approved strains.
first refusal to fill up to thirty percent (30%) of any cannabis purchase order
domestic or international (whether for flower or oil) that GTEC, or its
wholly-owned subsidiaries, are seeking to purchase from third party Licensed
Producers for a period of two years. Invictus' diversified product portfolio features
69 Health Canada approved strains.
Tecogen Inc., a clean energy company providing ultra-efficient,
clean, natural gas powered on-site power, heating and cooling equipment, is
pleased to announce an additional Tecochill sale into the emerging indoor
cannabis growing market in Massachusetts. Tecogen will deliver 2 Tecochill STx
200 ton natural gas engine chillers to the facility to provide cooling for the
grow rooms and hot water for dehumidification control. The units will
ship at the end of the third quarter and are expected to be operational in
early 2019.
clean, natural gas powered on-site power, heating and cooling equipment, is
pleased to announce an additional Tecochill sale into the emerging indoor
cannabis growing market in Massachusetts. Tecogen will deliver 2 Tecochill STx
200 ton natural gas engine chillers to the facility to provide cooling for the
grow rooms and hot water for dehumidification control. The units will
ship at the end of the third quarter and are expected to be operational in
early 2019.
Stephen Lafaille, Product Manager for Tecogen, stated, "The
Tecochill solution to the large energy needs of indoor growing facilities is
becoming increasingly recognized by industry professionals. By base loading the
cooling needs of the facility with Tecogen chillers, the project realizes
significant energy savings while also reducing the site’s electrical
infrastructure requirements. This particular grower is also using the free
waste heat to provide dehumidification, further increasing the efficiency and
savings for the project.”
Tecochill solution to the large energy needs of indoor growing facilities is
becoming increasingly recognized by industry professionals. By base loading the
cooling needs of the facility with Tecogen chillers, the project realizes
significant energy savings while also reducing the site’s electrical
infrastructure requirements. This particular grower is also using the free
waste heat to provide dehumidification, further increasing the efficiency and
savings for the project.”
The order is Tecogen's 12th into North America's rapidly emerging indoor
cannabis grow industry, with additional Tecochill systems currently in design
and construction planning. Tecogen’s nationwide service presence and
cloud-based remote monitoring capabilities ensures rapid response to critical
process cooling customers such as indoor grow facilities.
cannabis grow industry, with additional Tecochill systems currently in design
and construction planning. Tecogen’s nationwide service presence and
cloud-based remote monitoring capabilities ensures rapid response to critical
process cooling customers such as indoor grow facilities.
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.
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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technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and
stock news column, Investor
Ideas #Potcasts #Cannabis News
and Stocks on the Move podcast and column,
Cleantech and Climate Change Podcast and
the Stock Guru daily podcast on Support and Resistance Trading.
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