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Delta, Kelowna, BC, December 12, 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 podcast edition of cannabis news and stocks to watch plus insight
from thought leaders and experts.
Listen to the podcast:
Read this in full
at https://www.investorideas.com/news/2019/cannabis-potcasts/12121VGW-VGWCF-WEED-CGC-NRTH.asp
Today’s podcast overview/transcript:
Good
afternoon and welcome to another episode of Investorideas.com
"Potcast" featuring cannabis news, stocks to watch as well as
insights from thought leaders and experts.
In
today’s podcast we look at a few early announcements.
Valens GroWorks
Corp.
(TSXV: VGW) (OTCQX: VGWCF) announced that it has entered an amended
manufacturing and sales licence agreement with SōRSE Technology Corporation
which grants Valens an exclusive licence for Canada, Europe, Australia and
Mexico to use the proprietary SōRSE emulsion technology to produce, market,
package, sell and distribute cannabis-infused products.
"This
Agreement shows Valens' commitment to invest and broaden its IP portfolio and
enable its customers to bring differentiated, next generation products to
market," said Jeff Fallows, President of Valens. "As we move into
"Cannabis 2.0" in Canada, we believe the products that offer consistent,
high quality and predictable user experiences, like those we are able to create
with SōRSE, will capture the lion's share of attention and be the hallmark for
brand development in a strict regulatory environment. With this expanded
agreement in place, we have extended this opportunity for our existing
customers to key international markets and at the same time established a
platform for international consumer brands to add high quality, cannabis
infused products to their portfolios."
The
SōRSE emulsion technology transforms cannabis oil into water-soluble forms for
use in beverages, edibles, topicals and other consumer products without the
burden of cannabis taste, colour or smell. The Technology allows these cannabis
infused products to maintain potency when heated, chilled or frozen and
provides a number of other key advantages as well, including: (1) a faster
observed onset time compared to other infused beverages and edibles, (2) a
significant reduction of offset time, (3) an ability to use lower doses of
cannabinoids due to the enhanced bioavailability provided by the Technology,
and (4) increased consistency and stability with some product formulations
achieving more than one-year shelf stability with no evidence of separation.
"We
are proud to expand our partnership with Valens and leverage their near-term
access to various global markets," says Howard Lee, CEO of SōRSE.
"Over the last year, our team of more than 40 plus professionals has
continued to actively focus on creating and developing innovative, desirable
products and formats of consumption for cannabis consumers. As emulsion
technology becomes more popular through new delivery methods such as ingestion,
transdermal, topical and more, it is imperative that quality and safety in
consumption leads all innovation in this sector. This is a shared value and
mandate that our teams at SōRSE and Valens both prioritize. We look forward to
continuing this working relationship with Valens and introducing our
award-winning emulsion technology to the global markets."
The
Agreement grants Valens an exclusive licence to use the Technology in Canada,
Europe, Australia and Mexico (except in respect of medical applications
requiring clinical trials) during the initial 5-year term, subject to certain
performance milestones. This increases the addressable market from 37 million
in the current Canada only agreement to 700 million people in the new
Agreement, an increase of almost 20x. Furthermore, the Agreement provides a
framework for Valens to obtain rights to establish non-exclusive agreements to
sell cannabis-infused products using the Technology in the U.S. market and
other markets, globally.
Canopy
Growth Corporation, USA, LLC (TSX: WEED) (NYSE: CGC) today announced the launch of First & Free – a hemp-derived CBD
product line offered in a variety of formats, including softgels, oil drops and
creams. The products will be available for purchase on the company's first
e-commerce site: www.firstandfree.com.
Perfected through
state-of-the-art technology and rigorous testing, First & Free products are created by extracting and isolating
derivatives from the hemp plant to produce pure and consistent CBD formulations
that are packaged in easy-to-use formats.
"First & Free marks a new way for US
consumers to purchase quality CBD products from a trusted source," said
Rade Kovacevic, President, Canopy Growth. "Through state-of-the art
extraction methods, strict quality control measures, and scientific research,
we are delivering a best-in-class product to the market."
At launch, the First & Free brand will offer the
following hemp-derived CBD products:
●
First
& Free
Oil Drops
○
Unflavored 25 mg per mL (750 mg per 30 mL
bottle)
○
Peppermint flavor 25 mg per mL (750 mg per
30 mL bottle)
●
First
& Free
Softgels
○
250 mg CBD carton (10 softgels)
○
750 mg CBD
bottle (30 softgels)
○
1500 mg CBD bottle (30 softgels)
●
First
& Free
Creams*
○
2500 mg Everyday Cream (CBD Only)
○
2500 mg Motion Cream (CBD + Arnica)
○
2500 mg Revitalize Cream (CBD + Capsaicin)
Canopy Growth is
committed to selling only high-quality, tested and reliable products, and
ensuring it makes no claims unless clinically validated. This means selling First & Free products only in states
where permissible under state law in order to ensure compliance with state
consumer protection mandates and following the most stringent state laws
regarding sale of CBD. The Company is also abiding by existing FDA regulations
for manufacturing, labeling and marketing dietary supplements.
Sundial
Growers Inc. (NASDAQ: SNDL) announced the launch of Top Leaf—a new brand
of premium, rich, and full-bodied cannabis products. Created by and for
cannabis enthusiasts and connoisseurs, consumers will not only be able to enjoy
the highest quality cannabis in traditional flower and pre-roll formats, but in
new vape formats as well.
"Consumers
have long-awaited access to genetically unique and premium cannabis since
legalization. We are excited to provide the true cannabis lover with the
products they've been looking for," said Ryan Hellard, Chief Experience
Officer of Sundial. "Top Leaf is a significant achievement for Sundial as
we continue to distinguish ourselves as a global leader in the industry. This
is an essential part of the overall Sundial brand and product portfolio, as it
offers even the most discerning cannabis consumer products that are a cut above
the competition."
Top Leaf cultivars start
with a mix of famous and exclusive genetics from around the world. Each strain
is grown in small batches by master growers in purpose-built modular rooms at
Sundial's flagship facility in Olds, Alberta.
Top Leaf will offer
products in four series:
●
The Black Series—strong and unique flavors
with a variety of interesting terpene profiles
●
The Masters Series—unique strains that are
rare and notoriously difficult to grow
●
The Legends Series—a modern take on famous
cannabis classics
●
The Untamed Series— original landrace
strains cultivated in their natural environment from around the world
The Black and
Legends Series will be the first to debut under the Top Leaf brand. Strawberry
Cream, an-award winning Sundial exclusive strain with a unique flavor profile,
and renowned classic GSC will be the first Top Leaf products available in
retail stores. The product lineup will continue to expand in 2020 with a mix of
original and classic strains including Oregon Golden Goat, Super Skunk and Blue
Dream. Cannabis enthusiasts can also look forward to the award-winning sativa,
Sweet J, in the new year.
Top Leaf products
will initially ship to Alberta, British Columbia and Nova Scotia, and will
later enter Saskatchewan, Manitoba, Ontario and P.E.I. by the end of the year.
Top Leaf joins Palmetto and Sundial's namesake cannabis brand, enhancing the
company's portfolio of craft cannabis brands that help our consumers to Heal,
Help and Play.
For more
information about Top Leaf, visit www.topleaf.ca and follow us on Instagram
@topleafcanada.
48North Cannabis
Corp.
(TSXV:NRTH) announced that third-party laboratory testing
has confirmed its first outdoor harvest yielded high-quality, high-THC and CBD
cannabis.
Recently,
the Company announced that it completed its first outdoor harvest at Good:Farm
and hit its production cost targets, placing 48North among the lowest-cost
producers of legal cannabis in Canada. This year's harvest positions the
Company to deliver on its supply agreements with provincial wholesalers in
Alberta, Ontario and Quebec and extraction supply for humble + fume.
Today's
announcement of cannabinoid testing results reinforce 48North's strong position
heading into 2020. The analysis – which was completed by A&L Canada Laboratories
Inc. – reported the following results:
●
The THC content of the four cannabinoid
rich strains that 48North successfully harvested at Good:Farm ranges from 11%
to 19% with a weighted average of 14%. These strains (Nepal Lights, Mountain
Kush, Lemon Haze, and Green Crack) are expected to be used to fulfill 48North's
dried flower commitments to provincial wholesalers.
●
The THC content of the cannabinoid rich
biomass produced at Good:Farm has more variation in the cannabis levels, and
ranges from 2% to 15% with a weighted average of 12% (with 69% of the biomass
showing THC levels of 14%). This biomass will be used to supply humble+fume to
develop the suite of next-generation products such as vapes and topicals.
●
48North
has received notification that provincial wholesalers will be selling the
Company's next-generation cannabis products beginning in early 2020, including
the Avitas vape, the Apothecanna topical line, and Mother + Clone sublingual
products. Further, 48North believes its vape SKUs in partnership with humble +
fume will represent approximately 10 per cent of overall vape market listings
in Ontario, a market that is is projected to be as large as $600 million by
2021.
"We
are very proud to confirm that we have successfully delivered high-quality
cannabis at a low per-gram cost in our first year of outdoor production. While
disappointed, that we harvested less cannabis than projected in our first year
at Good:Farm, today's results are clear evidence of 48North's industry
leadership in the cultivation and production of outdoor-grown cannabis. We look
forward to incorporating the lessons learnt this year at Good:Farm and applying
them to ensure the 2020 harvest season is a success." said Alison Gordon,
CEO of 48North.
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