Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSXV: $N.V) (TSXV: $META.V) (TSXV: $ALEF.V)
This month’s cannabis podcasts brought to you by CLS Holdings USA, Inc. (OTCQB: $CLSH) @CLSHusa
Delta, Kelowna, BC - November 23, 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 and its exclusive content partner, CLS Holdings USA, Inc. (OTCQB: CLSH), release today's edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
CLS Holdings USA, Inc. (OTCQB: CLSH) is a diversified cannabis company operating as Cannabis Life Sciences an integrated cannabis producer and retailer in Nevada through its Oasis Cannabis subsidiaries with plans to expand into other States.
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Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSXV: $N.V) (TSXV: $META.V) (TSXV: $ALEF.V)
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Today's podcast overview/transcript:
Good afternoon, welcome to another Investorideas.com "potcast", featuring stocks to watch, cannabis news as well as insights from thought leaders and experts.
Today we will be looking at announcements from Namaste Technologies Inc. (TSXV: N)(OTCMKTS: NXTTF), National Access Cannabis Corp. (TSXV: META) and Aleafia Health Inc. (TSXV: ALEF)(OTCQX: ALEAF).
Namaste Technologies Inc. announced that the Company's wholly-owned subsidiary, Cannmart Inc., has signed a Product Acquisition Agreement with Weed Me Inc., whereby Cannmart will purchase medical cannabis from Weed Me to offer in its online platform.
Subject to the terms of the Agreement, Cannmart has placed its first order with Weed Me that includes a variety of pre-rolled products in several strains. By creating a unique offering of strains and products sourced from multiple producers, Cannmart offers medical patients more variety of high-quality cannabis products through a single platform. Cannmart has been focused on securing additional products, and in expanding its product categories to include pre-rolls. The Company looks forward to nurturing a long-term supply arrangement with Weed Me, and securing additional supply from their future production.
The Company's goal is for Cannmart to become the leading online marketplace for medical cannabis in Canada by offering the largest selection of product and in offering excellent customer service. With Namaste's technology and Cannmart's platform, the Company believes it is well-positioned to offer significant value as a sales-channel to a broad range of licensed producers across Canada. Namaste's management team is confident in its ability to set itself apart as a true innovator in the cannabis e-commerce space.
National Access Cannabis Corp. today announced it has closed its previously announced brokered private placement offering of special warrants of NAC that entitle the holders thereof to receive 8.00% senior secured convertible debentures of the Company upon exercise or deemed exercise of the Special Warrants. 21,150 Special Warrants were issued at a price of $1,000 per Special Warrant for aggregate gross proceeds to the Company of $21,150,000. The Offering was led by Cormark Securities Inc., on behalf of a syndicate of agents that included Canaccord Genuity Corp., Beacon Securities Limited, INFOR Financial Inc. and PI Financial Inc. (together, the "Agents"). The net proceeds from the Offering will be used by the Company to repay existing debt.
Aleafia Health Inc. announced that the previously announced joint venture and financing transactions with Serruya Private Equity have closed.
"We look forward to immediately executing on our shared vision of building and scaling a retail cannabis network with immediate national reach and global expansion plans," said Aaron Serruya, a principal of SPE. "We are very excited to once again play an early role in developing one of the world's largest cannabis companies."
"Aleafia made a firm commitment to launch a national adult-use cannabis division with global ambitions. With final approvals now in place, we have delivered on that commitment," said Aleafia CEO Geoffrey Benic. "With commercially proven brands and global retailing expertise, we believe our partnership with Serruya will provide significant value to our shareholders."
The closing formalizes Aleafia's acquisition of a 51 per cent interest in Flying High Brands Inc., a domestic and international cannabis brands joint-venture and a 9.9 per cent interest in One Plant Corp. a Canada-wide cannabis retail joint venture.
The closing also marks the completion of Serruya's $10 million (CAD) strategic investment into Aleafia (by way of the purchase of 5 million common shares at $2.00 per common share) and the completion of Aleafia's $1 million (CAD) investment in Flying High and $4 million (CAD) investment in One Plant. Aleafia purchased its 51 per cent interest in Flying High, in part, by the issuance of 6 million common shares to Serruya.
This podcast is in partnership with featured sponsor CLS Holdings USA, Inc. (OTCQB:CLSH) - more info and details can be found at our disclaimer and disclosure page at Investorideas.com
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
This podcast is sponsored by
CLS Holdings USA, Inc. (OTCQB: CLSH)
CLS Holdings USA, Inc. (CLSH) is a diversified cannabis company that, subject to receipt of certain anticipated regulatory approvals, acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada, and plans to expand to other states.
CLS stands for "Cannabis Life Sciences," in recognition of the Company's patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The Company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services.
For additional information, please visit: http://www.clsholdingsinc.com
Twitter: @CLSHusa
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