Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: CSE: $ICAN.C, NYSE: $STZ, TSX: $WEED.TO
Today's podcast sponsored by https://canadalegaloctober17.com
Delta, Kelowna, BC - October 4, 2018 (Investorideas.com Newswire) https://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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Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: CSE: $ICAN.C, NYSE: $STZ, TSX: $WEED.TO
Today's podcast overview/transcript:
Good afternoon and welcome to another Investorideas.com Potcast - following Cannabis news, stocks to watch as well as insights from thought leaders and experts.
Today we will be looking at updates from Integrated Cannabis Company, Inc. Trading on the CSE as ICAN, Constellation Brands Inc. trading on the NSYE as STZ, Canopy Growth Corporation trading on the TSX as WEED,
Integrated Cannabis Company, Inc. announced the successful completion and positive results of a controlled trial of its proprietary Sleep product.
The controlled 60 patient trial was completed with a renowned pain clinic in Southern California and the results were highly favorable; resulting in improvement in patients' sleep patterns combined with the unexpected, but highly desirable, decrease in the level of pain. The study results have been published in the peer reviewed journal: International Journal of Pharmacy and Life Sciences (Int. J. of Pharm. Life Sci., Vol. 9:5722-5729).
"The unique formulation of ingredients in the X-SPRAYS™ sleep supplement contributed to a significant improvement in sleep quality together with a reduction in daytime sleepiness, pain, and depression, when compared to the control group. The study was conducted in a controlled and regulated clinical environment, which prohibits the test of cannabis products. Therefore the study was on our non-cannabinoid product. However, our experience with the infusion of CBD into the tested formulation has rendered profound increased benefits. Furthermore, we are actively seeking clinical study relationships in legal jurisdictions outside of North America for our cannabinoid-based products and expect to replicate the aforementioned study in the near term. The spray has the added benefit of being easy to use, is fast acting, promotes a superb night's rest and does not leave you feeling groggy in the morning," said Dr. Clive Spray, CSO of Integrated Cannabis.
Constellation Brands, the owner of Corona that recently announced a $4 billion investment into the world's largest publicly traded marijuana company, reported second-quarter earnings that topped Wall Street expectations and sent the stock surging by as much as 4.5% in early trading today.
In its earnings report release earlier this morning, the company said its two investments into Canopy Growth Corporation has already netted it more than $1 billion in unrealized gains thanks to the marijuana producers surging stock.
"Reported basis results reflect $639 million unrealized gain for an increase in fair value of the initial investment in Canopy Growth Corporation; $1.3 billion unrealized gain has been recognized since investment in November 2017," Constellation Brands said in its earnings release.
This time last year Canopy Growth Corporation was trading at $11.87 whereas now it's up at $63.
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Today's podcast sponsored by https://canadalegaloctober17.com
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