Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: (CSE: $GABY.C), (CSE: $GGB.C) (OTCQB: $GGBXF), (CSE: $CROP.C) (OTC: $CRXPF), (TSXV: $LIFT.V) (CSE: $TGIF.C) (OTCQX: $TGIFF)
Delta, Kelowna, BC –February 21, 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 https://www.investorideas.com/news/2019/cannabis-potcasts/02211GABY-GGB-GGBXF-CROP-CRXPF-LIFT-TGIF-TGIFF.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 thought leaders and experts.
Today we are looking at announcements from Gabriella's Kitchen Inc. (CSE: GABY), Green Growth Brands, Inc. (CSE: GGB) (OTCQB: GGBXF), CROP INFRASTRUCTURE CORP. (CSE: CROP) (OTC: CRXPF), Lift & Co. Corp. (TSXV: LIFT) and 1933 Industries Inc. (CSE: TGIF) (OTCQX: TGIFF).
Gabriella's Kitchen Inc. announced it has entered into a supply agreement to purchase CBD extract, including full spectrum, high grade cannabidiol , distillate oil and isolate crystals from Xtract Xperts, the largest producer of hemp in the state of Oregon.
"As a wellness company, GABY determined a year and a half ago that we needed to incorporate hemp-derived CBD and other cannabinoids into our product strategy because of the powerful wellness properties associated with the plant," said Margot Micallef, Founder & CEO of GABY. "We have been deeply immersed in research and product development since that time and sourcing high quality, reliable CBD is fundamental to our successful execution of this strategy."
The demand for CBD and products containing CBD has dramatically expanded following removal of CBD from Schedule I of the Controlled Substances Act in the U.S. on December 11, 2018, under the Agriculture Improvement Act of 2018 (the "2018 Farm Bill"). With rapidly increasing knowledge and awareness about its positive health impacts, mainstream consumers are increasingly seeking to realize the benefit of wellness properties associated with CBD and other cannabinoids derived from hemp. A December 2018 Hemp Business Journal article written by Sean Murphy and others, estimates that, in leading all hemp product categories, the hemp-derived CBD market will grow from a $390 million-dollar market in 2018, to a $1.3 billion market (3.3x) by 2022, representing a 27.2% 5-year CAGR.
On December 10, 2018, the day before the Farm Bill was signed into law, Bethany Gomez, Director of Research at the cannabis and CBD market research organization, Brightfield Group, was quoted in a Rolling Stone article -stating, "This is a watershed moment for CBD in the United States. With hemp and all of its derivatives officially removed from the Controlled Substances Act, CBD moves from a legal gray area into the light." She continued, "…this shift will allow for CBD to make its way to the shelves of larger scale, mainstream distribution channels and pave the way for … mainstream consumer packaged goods companies in industries like drinks, beauty, pet, skin care and tobacco to develop CBD products and capitalize on this emerging industry."
In a statement, Ms. Micallef agreed with Ms. Gomez saying, "GABY's confidence in the explosive future potential of the CBD market led us to immediately recognize the importance of securing a supply of high-quality CBD to ensure we can successfully execute our strategy of developing new and desired products for consumers that incorporate hemp-derived CBD and other cannabinoids."
Green Growth Brands, Inc. announced the opening of two new Seventh Sense CBD shops, located in Glenbrook Square, Fort Wayne, Indiana and in Hamilton Place, Chattanooga, Tennessee. These new shops represent the next step in Green Growth Brands' plan to dominate CBD retailing and planned network of hundreds of shops designed to serve customers across the United States.
Earlier this month, Green Growth Brands announced the opening of its first Seventh Sense CBD Shop at the Fayette Mall in Lexington, Kentucky and the launch of its eCommerce website ShopSeventhSense.com.
"We know that the stickiest customers come from in-store experiences," said Peter Horvath, CEO of Green Growth Brands. "In our growing network of shops, we are committed to providing compelling assortments of products that encourage our customers to explore. Early results have seen Seventh Sense products selling though at three-times the typical performance of personal care products, accomplished with never-seen-before brands and zero marketing beyond point of sale. We could not be happier with the way the brand and the network are growing."
CROP INFRASTRUCTURE CORP. announced today it has signed an agreement with Antler Retail Inc., whereby Hempire and CROP will provide Antler with finished packaged goods under the Antler brand.
Antler recently acquired an approved permit for a cannabis retail location with state wide delivery rights in California. Its US retail location will be in Desert Hot Springs and it has plans to take advantage of the now expanded state-wide nature of its delivery rights. This licence gives Antler the freedom to address a much larger market place without the immense potential overhead of many brick and mortar operations.
CROP and Hempire will provide Antler its home-made brand outside of what Antler anticipates offering from separate self-branded cultivators from all over California. As Antler moves into additional US states, the supply agreement will be amended to bring the Antler Home brand to each State Antler enters.
Payment for the initial order will be converted to shares in Antler Retail at CAD$0.20 per unit by issuance of 1.5 million units with each unit consisting of one common share and one common share purchase warrant at CAD$0.75 exercisable for a period of 12 months.
CROP CEO, Michael Yorke, stated: "We believe it is a prudent move for our company to convert our finished products into shares of Antler retail. We see this as an opportunity to not only assist Antler in entering additional states, but also as a big step forward in further establishing CROP's retail presence in a key market, while making what we believe will be a very sound investment."
Lift & Co. Corp. announced the first step of its international expansion by selecting Berlin as the beachhead entry into the European market through a newly announced Lift & Co. Cannabis Business Conference Europe ("LCBC Europe"). Happening September 5-6, 2019 at the Berlin Congress Centre, the inaugural LCBC Europe leverages Lift & Co.'s established role as the trusted authority in the Canadian cannabis industry to bring European and Canadian stakeholders together under its banner event series.
"After extensive assessment we determined that the European market lacks an authoritative connection between Canada's leaders and emerging local players. Today's announcement is the first step of our platform expansion into the regulated European cannabis industry where we see further opportunities in consumer education and analytics," said Matei Olaru, CEO, Lift & Co. "LCBC Europe not only lays tracks to position Lift & Co. as a leader in the global CPG-like cannabis industry, but brings additional diversified revenue streams to our shareholders. We expect that with each new market the Company penetrates, our investors will be rewarded with accelerated growth that builds into our unique and well-established value proposition."
The Company's annual business conferences in Toronto and Vancouver are perpetually sold out, must-attend events that attract the who's-who of the cannabis industry. The most recent LCBC Vancouver this past January broke previous attendance records by drawing more than 700 delegates and was described by The Province as "…a diverse and comprehensive look at the cannabis space, with representatives and industry experts converging to educate and
inspire, sharing insights and experiences into the nation's leading market."i
1933 Industries Inc., a licensed cultivator and producer of cannabis flower and concentrates and manufacturer of hemp-derived CBD wellness products, announced that it will be participating at the WOW Creations Celebrity Gift Lounge ("Gift Lounge") taking place on February 22nd 2019, ahead of the 91st Academy Awards.
Catering to all Oscar Nominees, presenters, A-Lister celebrities and industry influencers, the Gift Lounge has become a sought after venue for companies seeking to promote their innovative brands and products during the week of the most prestigious awards ceremony in the film industry.
1933 Industries' subsidiary, Infused MFG., manufacturer of the Canna Hemp™ line of hemp-derived CBD health and wellness products, will be gifting its CBD Relief Cream and CBD Elixirs at the event which takes place at the W Hotel in Beverly Hills, California.
"We look forward to introducing our products to a celebrity audience during the week of the Academy Awards," said Mr. Chris Rebentisch, USA Chief Operations Officer. "Our goal is to create awareness and build a connection to our Canna Hemp™ brand while educating and promoting the many benefits of cannabinoids".
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