Investor Ideas #Potcasts; #Cannabis News and Stocks on the Move: (NYSE: $ACB) (TSX: $ACB.TO), (TSX: $TGOD.TO), (CSE: $VREO.C) (CSE: $LDS.C)
Delta, Kelowna, BC –April 10, 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 insights from thought leaders and experts.
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Read this in full at https://www.investorideas.com/news/2019/cannabis-potcasts/04101ACB-TGOD-VREO-LDS.asp
Today’s podcast overview/transcript:
Good afternoon and welcome to another Investorideas.com “potcast” looking at cannabis news, stocks to watch as well as insights from experts and industry leaders.
Today we are looking at announcements from Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF), Vireo Health International, Inc. (CSE: VREO) and Lifestyle Delivery Systems Inc. (CSE: LDS), (OTCQX: LDSYF).
But first, William "Beau" Wrigley, Jr., Chairman and CEO of Surterra Wellness , one of the fastest growing health and wellness companies in the United States (U.S.), today highlighted the need for a change in the policy paradigm related to cannabis, saying that "Americans are ready for the full spectrum of medical and wellness benefits of cannabis." Wrigley's remarks came during a national thought leader event hosted by news publisher Axios on "Shifting the Wellness Paradigm," a conversation on medical cannabis as a health and wellness alternative.”
At the event, Wrigley discussed how decades of global brand building and a lifelong passion for wellness spurred his interest in the burgeoning cannabis wellness industry and in building a company that he sees as an industry model for the long run. He also offered insights on Surterra's rapid growth and expansion into new markets, the science helping doctors and individuals look beyond outdated falsehoods about cannabis, and the need for policymakers to establish a workable regulatory and business framework for a dynamic cannabis industry.
"We're entering a new paradigm related to cannabis. Across the United States, public perception and support of legal cannabis are shifting rapidly, as facts replace outdated myths," Wrigley said. "Americans are ready for the full spectrum of medical and wellness benefits of cannabis – and at Surterra, we're building a company that can be a role model and gold standard for the long run. Now policymakers must modernize federal laws to align with the reality that cannabis is, and should be, part of America's future."
The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF), announced that its website, TGOD.ca, has been recognized with two prestigious global awards.
TGOD was presented two Horizon Interactive Awards for the TGOD.ca website in the categories of Best Responsive / Mobile Website (Gold) and Best E-commerce Website (Bronze).
"We are thrilled to receive global recognition for our new site," said Brian Athaide, CEO of TGOD. "Having launched in only December 2018, the fact that we are already receiving awards is remarkable. This recognition showcases the importance of not only building a leading digital platform for the cannabis industry, but a platform that competes across all industries."
Since 2002, the Horizon Interactive Awards have recognized the best websites, videos, online advertising, print media and mobile applications. The competition receives thousands of entries from around the world which are then judged by a panel of industry professionals specializing in advertising, marketing and design to determine which works should be celebrated. Entries are judged based on their design, creativity, technical approach, clarity of message and overall effectiveness.
Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) today announced an update on the status of Aurora Sun, the Company's latest and largest Sky Class facility, which is currently under construction in Medicine Hat, Alberta. To support rapidly growing global demand for high-quality medical cannabis in Canada and abroad, the facility will be expanded to 1.62 million square feet, representing a 33% increase from its originally planned 1.2 million square feet. With the Sky Class production philosophy proven at Aurora Sky, the Company is confident in projecting an expected production capacity at Aurora Sun in excess of 230,000 kg of high-quality cannabis per annum.
Aurora's Sky Class facilities are the most technologically advanced in the world. They are not greenhouses, but purpose-built, indoor cannabis grow facilities that create the most optimal growing conditions for cannabis. A sophisticated glass roof, rainwater and snow melt recapture system, and a high-level of technology and automation give Aurora full control over all anticipated environmental and harvest conditions, resulting in the production of consistently high yielding, high-quality cannabis at low-cost.
"Aurora Sun represents the next evolution in our Sky Class facility design, delivering massive scale, low cost production, and consistent, high-quality cannabis," said Terry Booth, CEO of Aurora. "Particularly in newly-opened markets, establishing first-mover position and embedding Aurora's market share and brand requires a stable and reliable supply of high-quality cannabis for these markets. The increased scale of Aurora Sun reflects our expectations for the long-term growth in global demand, especially the higher margin international medical markets which will be faced with significant supply shortages for the foreseeable future. Sun is also designed with flexibility in mind to enable us to quickly meet changing market demands, particularly as breeding and cultivation technologies evolve and as customer preferences and requirements change."
Vireo Health International, Inc., (CSE: VREO) a leading science-focused, multi-state cannabis company, today announced that Founder & CEO, Kyle Kingsley, M.D., will host a Reddit Ask Me Anything (AMA) Session on Friday, April 12, 2019 at 8:00 a.m. EDT.
The Reddit AMA with Dr. Kingsley comes on the heels of several recent Company milestones:
● listing on the Canadian Securities Exchange under the ticker symbol, VREO;
● expansion into the Arizona medical cannabis market with the acquisition of four entities which together manage the vertically-integrated medical cannabis business of license-holder Arizona Natural Remedies;
● acquisition of the management of Red Barn Growers, a holder of one New Mexico's medical cannabis licenses, which is a vertically-integrated medical cannabis company, operating two medical cannabis dispensaries, located in Santa Fe, NM and Gallup, NM; and
● entry into Vireo's first adult-use cannabis market, through the acquisition of Mayflower Botanicals Inc., a Registered Marijuana Dispensary certificate holder in Massachusetts.
The Reddit AMA session will provide participants with an opportunity to ask Dr. Kingsley questions about Vireo Health and discuss his vision for replacing alcohol, tobacco and opioids with cannabis. In order to ask questions, participants must have a Reddit account and visit the forum at http://bit.ly/KingsleyAMA.
Lifestyle Delivery Systems Inc. (CSE: LDS) (OTCQX: LDSYF)., announced that its wholly-owned subsidiary, CSPA Group, Inc., has entered into a five-year lease agreement for 20,000 square feet of warehouse space at $2 per sq. ft. per month. The new facility will be used to expand the Company's transportation and distribution operations in Adelanto, California.
The requirement to increase the square footage for CSPA Group, Inc.'s transportation and distribution operations is dictated by the expected start of operations of Highway 395 Dispensary and 420 Prime Delivery Service, which are currently scheduled for the 3rd quarter of 2019. The new facility is conveniently located on the lot adjacent to the current Adelanto manufacturing facility, removing the need to engage third-party transportation services as well as allowing the Company to use its current armed security services at both locations significantly reducing the cost that would be required at any other location. The Company estimates its initial transportation and distribution space requirements to be approximately 10,000 square feet, which will allow the Company to sublease an unused portion of the building until increased space is required.
Brad Eckenweiler, CEO of LDS, stated, "This additional facility will allow for significant market growth in all CSPA Group's product lines as well as the products from Core Isogenetics, Inc. The warehouse will hold inventory of both raw material and finished products, and will include an environmentally-controlled storage space for seeds and seedlings. The availability of this facility is certainly timely for our operations; not only is it located in the green zone, but the proximity to our manufacturing space will allow us to easily coordinate transportation and distribution of our products saving us time and tens of thousands of dollars in transportation and security costs."
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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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