Monday, March 16, 2020

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 383 (TSX: $WEED.TO) (NYSE: $CGC)


Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 383 (TSX: $WEED.TO) (NYSE: $CGC)



Delta, Kelowna, BC, March 16, 2020 (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:



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 company announcements.

But first before getting into that, as the COVID-19 Pandemic has begun affecting nearly every industry and especially the public markets, Investorideas will be taking this opportunity to improve our content with more listeners staying at home. That means we aim to bring you more interviews and in depth reports as well as bring a more balanced focus on private and public companies.

If you have any suggestions for potential interviewees or topics of discussion please email me at taylor@investorideas.com

But first, as governors and mayors across North America order the shutdown of bars, restaurants, and gathering events, according to a recent article, cannabis stores are experiencing a dramatic surge in sales that started over the weekend and now continues into the work week.

Retail cannabis point-of-sale software company, Cova Software today announced a partnership with Dutchie to offer online ordering to cannabis customers for in-store pickup or delivery, where permitted. This integration will expand revenue streams allowing retailers to continue to provide a superior customer experience while streamlining retail operations.

"Collaborating with Dutchie not only helps retailers provide a more seamless online ordering and delivery experience, but it also helps simplify complex store operations like the order management process," said Cova CEO, Gary Cohen. "With this new integration, consumers will receive their orders faster whether they pick it up in-store or wait at home."
  
By integrating with Dutchie, in addition to providing an alternate way to shop, Cova can help clients maintain up-to-date inventory details, eliminate the need for manual entry and fulfill online orders from the menu integration partner directly within the Cova platform.
  
"At Dutchie, we're passionate about bringing the dispensary shopping experience to the comfort of the consumer's own home. That's why we must partner with robust platforms like Cova," said Dutchie CEO, Ross Lipson. "Our integration with Cova is fast and accurate, which translates to a smooth experience for consumers and retailers."

As Dutchie expands into new markets, it continues to be one of the best online ordering and delivery solutions for dispensaries. In addition to providing robust inventory management and seed-to-sale compliant POS, Cova offers open and secure integrations to streamline operations and expand sales channels and tools.

Today, Tweed, a subsidiary of Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced that its first SKU, Tweed Houndstooth & Soda, began shipping to provincial boards and retailers nationwide late last week.       

When and where will Tweed Ready-To-Drink cans be available for purchase?
Product shipments began leaving Canopy Growth's Regional Distribution Centre on March 11, 2020. Product availability on provincial eCommerce platforms and bricks-and-mortar retail locations will vary depending on transportation timelines and provincial distribution systems.
  
The company has developed proprietary, industry-leading beverage technology to distill cannabis flower into liquid which powers our Ready-To-Drink offerings. Each 355 mL can of
Tweed Houndstooth & Soda contains 2mg of THC and <1mg a="" and="" cannabis="" cbd="" combining="" distilled="" experience.="" for="" houndstooth="" ingredients="" o:p="" other="" refreshing="" soda="" water="" with="">

Find out more at Tweed.com.

Muskoka Grown Limited,  a leading producer of high-quality craft cannabis, announced that it has successfully completed its first shipment to the Ontario Cannabis Store ("OCS"), marking its entrance into the Canadian recreational cannabis market.

Muskoka Grown has first launched with pre-rolls (2 x 0.5g packs), produced from whole-flower high-quality dried cannabis. In the coming months, Muskoka Grown will also be releasing strains in 3.5 gram flower format.

"Today's shipment to the Ontario Cannabis Store marks a major milestone for Muskoka Grown and we're extremely proud of everything we've been able to accomplish," said David Grand, CEO & Founder, Muskoka Grown. "We've taken our time with the creation of our state-of-the-art facility and have been diligent in our phenotype selection process, to ensure our product meets our high standards."

Looking ahead, Muskoka Grown will continue to identify desirable strains to bring to market through its full-scale laboratory and research & development room. Muskoka Grown anticipates this will be the first of many craft cannabis orders to come and are grateful for its partnership with the OCS. The Company is well prepared to deliver on all of its supply agreements and looks forward to continuing shipping products in Ontario.

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   

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
Investorideas.com podcasts are also available on iTunes,  Spotify, Google Play Music, Stitcher, Spreaker,   YouTube via Spreaker,  iHeartradio and Tunein.

Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.


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#PlaybyPlay; Lululemon (NasdaqGS: $LULU) and Columbia Sportswear (NasdaqGS: $COLM) Close Stores in Response to #COVID19


#PlaybyPlay; Lululemon (NasdaqGS: $LULU) and Columbia Sportswear (NasdaqGS: $COLM) Close Stores in Response to #COVID19, Torque Esports (TSXV: $GAME.V) Partners for Tournament to Raise Funds for Virus

#Coronavirus Causes #Sports Cancellations and Postponements, Devastating Revenue in Sports-Related Industries


Point Roberts, WA, Delta BC March 16, 2020 - Investorideas.com, a leader in investor news and research issues today’s edition of Play by Play covering what’s new in sports and e-sports headlines and recent news from publicly traded companies in the sector.

Listen to the podcast


Stocks discussed: (NasdaqGS:LULU) (NasdaqGS:COLM) (TSXV:GAME)

Lululemon (NasdaqGS:LULU) has provided an update regarding concerns over the continuing spread of Coronavirus. The company will be closing all of its stores in North America and Europe, from March 16 to March 27, leaving online shopping as an option. Lululemon CEO Calvin McDonald commented:

“We are living in uncertain times and we’re learning more about this virus every day. We are taking this step to help protect our global community, guests and people, and ensure we are doing our part to prevent the spread of COVID-19

During this time, lululemon employees will continue to receive pay for all hours they have been scheduled to work and have access to lululemon’s Global Pay Relief plan. I’m proud of how our teams are working to create space for our guests to connect through yoga and meditation classes online.”

Columbia Sportswear Company (NasdaqGS:COLM) has also announced the closure of its brick and mortar retail stores in North America, from March 16 to 27. Tim Boyle, Chair, President and CEO of Columbia Sportswear, said:

"The health and safety of our employees, consumers and the communities where we live and work is paramount to us. During this temporary closure we are also offering catastrophic paid leave to our employees most affected by this virus in an effort to live our values of Doing the Right Thing for our employees, consumers and communities."

Torque Esports Corp. (TSXV:GAME) has announced that its esports tournament and broadcast operations group, UMG Media Ltd., has partnered with FaZe Clan to create an online Call of Duty: Warzone Pro-AM tournament, called #Fight2Dund, to raise funds for groups impacted by COVID-19. Torque Esports President and CEO, Darren Cox said

"People are starved of entertainment options at the moment and more and more are turning to live streaming of competitive gaming as part of the massively growing 'stay at home economy' that the virus outbreak has created.

As part of that streaming and gaming industry, the chance to team up with FaZe clan to make a contribution to the wider community like this is the least we can do. Everyone's lives are being dramatically impacted at the moment and it was important for Torque Esports and UMG to do our part to help and give back."

Coronavirus Causes Sports Cancellations and Postponements, Devastating Revenue in Sports-Related Industries

Apart from the increasingly tragic impact of the Coronavirus pandemic on human populations in terms of hospitalization and fatalities, and its ravaging of the global economy, it is also causing cancellations and postponements of sports events throughout the world. According to a CBS report today, the NBA, NCAA, MLB, NHL, NASCAR, the Premier League, Champions League, Europa League and many more have all halted or postponed seasons and events.

The NFL season has already ended, but it has announced that its 2020 draft, which is scheduled from April 23-25 in Las Vegas, will proceed as planned. However, following guidance from bodies such as the CDC (Centers for Disease Control and Prevention), the draft will no longer include public fan events in the city. NFL Commissioner Roger Goodell said:

"This decision reflects our foremost priority -- the health and safety of all fans and citizens. While this outcome is disappointing both to the NFL and to the Las Vegas community, we look forward to partnering with the Raiders, the City of Las Vegas and the Las Vegas Convention and Visitors Authority for a future NFL Draft as well as evaluating opportunities for other major NFL events in Las Vegas in the future, including the Super Bowl."

This trend was also seen in the golf world, perhaps most notably with the postponement of the Masters, which has not been interrupted since 1943-45 when it was cancelled during WWII. ESPN quotes Fred Ridley, chairman of Masters host Augusta National Golf Club:

"We hope this postponement puts us in the best position to safely host the Masters Tournament and our amateur events at some later date.”

Naturally all of these cancellations and postponements do not just mean less entertainment for fans, but also represent a huge loss in revenue for the leagues, venues, and many other associated businesses. One of the most significant of these related industries is the sports betting and gambling market, which has accordingly come to a halt. An excerpt from a Sports Illustrated report on the subject reads:

In 2019 there were approximately $8.5 billion in total wagers placed on March Madness, with bets coming from about 47 million Americans. In addition to wagers on the outcomes of games,  the average fan filled out four brackets with a typical entry of around $30. Last March, New Jersey gaming operators brought in nearly $32 million during March Madness, according to the American Gaming Association. Nevada sportsbooks typically handle $500 million a month on sports betting.

Additionally, many major esports events have been cancelled as well.



Sports Stocks - esports, sports media, sports teams, sports betting, fantasy sports, sports equipment and more...

Like Sports Stocks? View our Sports Stocks Directory    Get News Alerts on Sports Stocks


About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers.
Contact management and IR of each company directly regarding specific questions.
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#CryptoCorner: #Bitcoin Still in the Red After Brief Spike Following QE4 Announcement, Hut 8 (TSX: $HUT.TO) Reveals Cost-Saving Measures Amid Market Chaos, Bakkt (NYSE: $ICE) Raises $300M in Series B Funding Round

#CryptoCorner: #Bitcoin Still in the Red After Brief Spike Following QE4 Announcement, Hut 8 (TSX: $HUT.TO) Reveals Cost-Saving Measures Amid Market Chaos, Bakkt (NYSE: $ICE) Raises $300M in Series B Funding Round




Point Roberts, WA, Delta BC March 16, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:  



Bitcoin Still in the Red After Brief Spike Following QE4 Announcement, Hut 8 Reveals Cost-Saving Measures Amid Market Chaos and Bakkt Raises $300M in Series B Funding Round

Stocks discussed: (TSX:HUT) (NYSE:ICE)

Following last week’s market devastation, Bitcoin (BTC) more or less plateaued at a trading price of just above $5,000 over the weekend, after having fallen from around $7,500 last Thursday. Now, as we’re entering a new week, Bitcoin is down another nine percent in the last 24 hours and is posting a current trading price of $4,850, according to data from CoinMarketCap. This, of course, comes amid a general calamity seen in traditional markets as a response to global panic over the worsening Coronavirus pandemic. Crypto’s continued mirroring of the traditional markets’ downturn is presenting a challenge to the perception of it as a safe haven, though it bears repeating that the market chaos has affected other traditionally safe haven assets like gold to some extent.

The Federal Reserve has responded to this widespread market turmoil with the reintroduction of a zero interest rate policy, and $700 billion in quantitative easing comprising $500 billion of Treasury bonds and $200 billion of mortgage-backed securities. CNBC quotes Fed chair Jay Powell on the interest rate cut:

“We will maintain the rate at this level until we’re confident that the economy has weathered recent events and is on track to achieve our maximum employment and price stability goals.”

Within an hour of the Fed’s announcement, Bitcoin rallied 7.7 percent, according to CoinDesk, though as we’ve discussed, these gains have since dissipated. Additionally, the Fed’s move has not seemed to have impacted stock market indexes, which are decidedly in the red today. Commenting on the Fed’s decision, ShapeShift CEO Erik Voorhees tweeted:

It's great how they use the powerful term "injecting liquidity" when what's actually happening is "printing money and buying things with it."

Given that the ability of central banks to print money at will is one of the major arguments for Bitcoin, which has a built-in scarcity, this may still have a bullish effect on the crypto market.

Hut 8 Mining Corp. (TSX:HUT) has responded to the Bitcoin crash with the announcement that it “is optimizing its mining operations by running its mining equipment in cost-efficient modes.’ The statement continues:

“This has the ability to reduce its electricity consumption and costs by approximitely 50% while only reducing the hashrate output by approximitely 35%. While this optimization reduces total output, the overall overall margin is maximized and our costs are reduced.”

Hut 8 stock is down about 20 percent at press time.

Bakkt, the crypto subsidiary of Intercontinental Exchange (NYSE:ICE), has raised $300 million in a Series B funding round, according to a company blog post today. Bakkt CEO Mike Blandina writes:

I’m excited at our potential to unlock nearly $1 trillion of digital assets when the Bakkt app launches this summer. With the completion of our Series B financing and recent acquisition of Bridge2 Solutions, Bakkt is now a team of 350 employees and powers the loyalty redemption programs for 7 of the top 10 financial institutions and over 4,500 loyalty and incentive programs including two of the largest US airlines. We have the unique opportunity to leverage the technology, infrastructure and partners across our businesses to bring innovative new products to market and in doing so expand access to the global economy.

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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Breaking #Hemp / #Coronavirus #Stock News: SinglePoint Inc. (OTCQB: $SING) - Keep Your Hands Klen (Clean) and Your Loved Ones Safe with this Innovative and Effective Moisturizing Hand Sanitizer Infused with Hemp Seed Oil; @_Singlepoint_

Breaking #Hemp / #Coronavirus #Stock News: SinglePoint Inc. (OTCQB: $SING) - Keep Your Hands Klen (Clean) and Your Loved Ones Safe with this Innovative and Effective Moisturizing Hand Sanitizer Infused with Hemp Seed Oil; @_Singlepoint_



PHOENIX, AZ - March 16, 2020 (Investorideas.com Newswire) SinglePoint Inc. (OTCQB: SING) launches Klen Hands: Home Page subscribe and preorder now to get your shipment.

Since the initial soft launch on Friday, March 13, 2020, the Company received multiple orders for Klen and expects that to continue as consumers demand for cleaning and disinfect products continues to outpace existing supply. We believe Klen is uniquely positioned to capture initial shelf space into retail establishments that are carrying CBD/Hemp consumer goods. The company is strategically focusing on leveraging distributors that are already carrying SinglePoint 1606 Hemp Products and other related products. Hand sanitizer has been at a shortage due to the COVID-19 outbreak. SinglePoint has secured bulk supply sanitizer and mixing with hemp seed oil to sanitize and moisturize.


Initial shipments are expected to leave our facilities in approximately 5 business days but initial inventory is expected to quickly sell out given the current market conditions. Stay Clean with Klen. Why risk contracting today's biggest outbreak? Purchase now to secure your order!

Singlepoint:Klen Hands - Hemp Seed Oil Infused Hand Sanitizer

"It is beneficial that we have a manufacturing facility already making other CBD/Hemp products and the relationships to quickly get supplies. This product is the right time and the right place. We are very happy with how quickly we were able to put it all together and believe this product will be on retail shelves year-round as a permanently stocked item. Our goal is to fulfill orders rapidly to assist retailers in providing an additional, differentiated product that meets current market demand. We will continue to build out the product mix as the market settles back in. Our management team has deep ties to Washington State, the hardest hit area to date in the United States and we plan to launch additional resources to help combat this virus and help provide reliable information to consumers and the general public," states Greg Lambrecht CEO SinglePoint.

Currently, Hand sanitizer is one of the most out of stock products across existing retail locations. The demand indicates that expect this product, Klen Hands, a hemp infused hand sanitizer, will sell through rapidly.This global pandemic has all citizens, regardless of country origin living in uncertain times, we have developed a hand sanitizing product to directly combat the coronavirus or any additional future virus related health issue. Our hand sanitizer has 62% ethyl alcohol to keep hands klen (clean) as well as hemp seed oil to keep hands soft and hydrated. Sanitize. Hydrate. Repeat.

Klen is currently being produced in SinglePoints' Carlsbad facility and will ship directly to your location. Orders will be fulfilled in the order they are received.

About SinglePoint, Inc.
Founded in 2011 SinglePoint, Inc. (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand.

Connect on social media at:
For more information visit: www.SinglePoint.com

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Corporate Communication
SinglePoint Inc.
888-OTC-SING
investors@SinglePoint.com
SinglePoint.com

SinglePoint (SING) is a featured stock on Investorideas.com

More info on SING at Investorideas.com Visit: https://www.investorideas.com/CO/SING/


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. For Disclosure purposes SinglePoint Inc (OTCQB: SING) is a paid  annual news and social media company on Investorideas.com.  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp and  https://www.investorideas.com/About/News/Clientspecifics.asp . Learn more about our prices for publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.


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