Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSX: $APHA.TO) (NYSE: $APHA) (CSE: $DOSE.C) (CSE: $PVOT.C) (OTCQB: $GRYN) (OTCQB: $RXMD)
Delta, Kelowna, BC - December 18, 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 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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Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSX: $APHA.TO) (NYSE: $APHA) (CSE: $DOSE.C) (CSE: $PVOT.C) (OTCQB: $GRYN) (OTCQB: $RXMD)
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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 Aphria Inc. (TSX: APHA) (NYSE: APHA), Rapid Dose Therapeutics Inc. (CSE: DOSE), Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF), Green Hygienics Holdings Inc. (OTCQB: GRYN) and Progressive Care Inc. (OTCQB: RXMD).
Aphria Inc. and Rapid Dose Therapeutics Inc. announced today that they have expanded the scope of their previously announced agreement expanding the territory where Aphria has been granted exclusive preferred rights to license, manufacture, distribute and sell RDT's QuickStrip™ innovative, proprietary delivery technology for the cannabis market to Germany.
"Germany is one of the most sought-after cannabis markets today, and Aphria continues to take a comprehensive approach to ensure a leading presence in the country as the opportunity evolves," said Jakob Ripshtein, President of Aphria. "Aphria is committed to bringing advanced products and innovations to cannabis markets around the world, and this agreement with RDT will enable us to bring QuickStrip™ technology to the German market and offer a unique nutraceutical product that delivers a consistent dosage."
RDT's proprietary QuickStrip™ technology is a Quick, Convenient, Precise, Discreet™ oral fast-dissolving drug delivery system that offers a smoke-free choice to consumers. Aphria expects to produce and distribute CBD-only Quickstrips™ in Germany by Spring 2019.
"We are focused and committed to providing consumers in the European cannabis markets a smoke-free delivery choice." said Mark Upsdell, CEO of RDT. "RDT will continue to build our strategic global partnerships. This agreement with Aphria strengthens QuickStrip™'s position as an international brand and delivery device to European consumers- while delivering health and improving outcomes."
Pivot Pharmaceuticals Inc. reported that it has completed the previously announced transaction to create a Joint Venture Corporation with Cartagena Leaf Inc., a subsidiary of Mexico-based Licorera Del Sur. The Joint Venture is structured as a federally-registered standalone company from which Pivot will receive 50% of Net Revenues generated by the JVC. Each party will appoint two board members to the JVC.
The JVC will develop and commercialize cannabis-infused non-alcoholic beverages combining the proven industry expertise of Licorera del Sur with Pivot's patented Solumer™ and RTIC™ powderization technologies. Formulation development is nearing completion, branding and marketing is underway, and product launch is scheduled for Q2 2019 in global markets through Licorera Del Sur's extensive distribution network, where regulations permit.
Mr. Paul Bou-Nader, Managing Director of Cartagena Inc. stated, "Our formulators have been working diligently with Pivot's scientists and we are very pleased with the progress to date, having already established a go-to-market flagship product. We will offer consumers a healthy and natural alternative to alcohol-based beverages with products that contain either CBD or THC."
Dr. Patrick Frankham, CEO of Pivot stated, "As expected, our cannabis-infusion technology is stable, water-soluble, bioavailable and renders CBD tasteless and odorless. By combining our Solumer™ technology with natural fruit juices, we have succeeded in the creation of a premium, low calorie beverage experience that offers consumers the benefits of CBD in a flavourful product. We anticipate launching many more products in partnership with Licorera del Sur, including a line of products infused with THC. Pivot's patented technologies are game changers for the cannabis-infused beverage industry."
Drinks infused with marijuana-derived compounds could swell to become a $600 million market in the U.S. within the next four years, outpacing the growth of other categories of retail cannabis products, according to analysts at Canaccord Genuity. Canaccord also sees the demand for beverages featuring CBD, or cannabidiol, reaching $260 million by 2022, up from the "negligible revenue" the limited number of drinks contribute now, while THC-based drinks could reach $340 million, up from $106 million expected this year.
Green Hygienics Holdings Inc., an innovative full-scope, science driven, premium cannabis cultivation enterprise, has been approved by the OTC Markets Group Inc. to up-list to the OTCQB exchange.
Achieving the listing is part of the company's long-term strategy to introduce the Company to a broader range of institutional and retail investors in the U.S. Listing to the OTCQB and being fully reporting will result in greater liquidity and market awareness. The company is committed to the higher level of corporate and financial disclosures required as an OTCQB fully reporting company, demonstrating their commitment to our loyal shareholders.
Achieving the listing is part of the company's long-term strategy to introduce the Company to a broader range of institutional and retail investors in the U.S. Listing to the OTCQB and being fully reporting will result in greater liquidity and market awareness. The company is committed to the higher level of corporate and financial disclosures required as an OTCQB fully reporting company, demonstrating their commitment to our loyal shareholders.
Progressive Care Inc., a personalized healthcare services and technology company, today announced that it has garnered news coverage in leading financial publications Yahoo Finance and Benzinga on its ongoing work towards ending the opioid epidemic.
"We are honored to have Progressive Care's efforts toward improving the opioid crisis in such noteworthy publications," said S. Parikh Mars, CEO of Progressive Care Inc. "We are passionate about providing the public with opioid alternatives to ensure a safer future for our patients."
In a contributed article titled "If The Cannabis Industry Is Serious About Health Care, It Must Learn From The Opioid Crisis", published December 14, 2018, in Benzinga, Mars focuses on the future of healthcare and the importance of making it personal and not driven by the same bottom-line logic that helped fuel the opioid crisis.
In the piece, Mars writes: "Technology should make healthcare more personal, not less," she said. "We want it to be patient-centered care, not patient-burden care."
Progressive Care has remained committed to taking steps to create a personal healthcare system for the public, most recently with the launch of their new proprietary tele-pharmacy software Tele-PharmCo.
The technology will facilitate two-way video conferencing between patients, healthcare professionals, and PharmCo's team of pharmacists and pharmacy technicians through a secure video interface, allowing patients and their care providers to connect and interact with licensed pharmacists and pharmacy technicians in real-time and speak directly about any medical concerns.
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