2018 Earnings Reports Reach New Highs with #Cannabis and #CBD Market; (OTCQB: $NLBS) (OTCQX: $CWBHF) (NASDAQ: $VFF) (NYSE: $APHA)

2018 Earnings Reports Reach New Highs with #Cannabis and #CBD Market; (OTCQB: $NLBS) (OTCQX: $CWBHF) (NASDAQ: $VFF) (NYSE: $APHA)

Point Roberts, WA and Delta, BC - April 9, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a market snapshot discussing how the recent influx of positive 2018 financials have helped embolden the CBD market and showcase its progress in spite of unclear government regulations.

As discussed in a recent Forbes article “the two biggest pharmacy chains in the United States decided that CBD was worth exploring. Both CVS and Walgreens announced – within days of each other – that they would begin selling hemp-derived CBD products in 2,300 stores between the two nationwide chains. While you won’t find the trendy CBD products listed at these drugstores, their shelves will soon contain a variety of topical applications like creams, lotions, salves, patches, and sprays.”

                             

Continued: “The fact that nationally recognized brands are putting their weight behind cannabis-tangential products is almost certainly a harbinger of things to come – even if the complex reality of FDA regulations forces the drugstore chains to limit their CBD product lines to topical applications for practical and legal reasons.”

This endorsement of the CBD sector is only emboldened further with the recent string of positive 2018 financials coming out

NutraLife Biosciences, Inc. (OTCQB: NLBS), a company that develops, manufactures, and distributes nutraceutical, wellness, and CBD products, under the NutraHempCBD brand and oral spray vitamins and supplements under the NutraSpray brand, recently announced revenue growth of approximately 107.3% in 2018, the filing of its Annual Report on Form 10-K and audited financial results. Some of the highlights from the Company’s financial results reported in its Form 10-K for the year ended December 31, 2018 include: increased sales to $3,711,327 for the year ended December 31, 2018 compared to $1,790,168 for the year ended December 31, 2017, an increase of approximately 107.3%, cost of sales was $2,211,039 compared to $1,055,042 for the years ended December 31, 2018 and 2017, respectively, or a 109.6% increase, gross margin for the year ended December 31, 2018 was $1,500,288, a 104.1% increase over the year ended December 31, 2017 and sales of CBD products increased from approximately $1,380,000 for the year ended December 31, 2017 to $2,400,000 for the year ended December 31, 2018 representing 77% and 78% of our revenues for such periods.

Read this in full at https://www.investorideas.com/news/2019/cannabis/04093CBDMarket.asp

Edgar Ward, Founder and Chief Executive Officer of NutraLife Biosciences recently commented on the CVS CBD news, saying “It is encouraging to see that mainstream retail giants like CVS are offering hemp derived CBD products to consumers.”

Charlotte's Web Holdings Inc. (CSE: CWEB) (OTCQX: CWBHF), the market share leader in hemp-derived CBD extract products, recently reported financial results for the fourth quarter and year ended December 31, 2018. Some of the highlights of Fourth Quarter 2018 Results versus Fourth Quarter 2017 Results were: an organic consolidated revenue growth of 71% to $21.5 million (up 21% QoQ), gross profit increased 63% to $16.3 million, or 76% of consolidated revenue, adjusted EBITDA decreased from 37% to 20% of consolidated revenue, due to extraordinary items and 57% of revenue from eCommerce.

Village Farms International, Inc. (TSX: VFF) (NASDAQ: VFF) just recently announced its financial results for the fourth quarter and year ended December 31, 2018.

Some of the financial and corporate highlights for the Fourth Quarter Ended December 31, 2018 included: a net income improved of US$0.3 million, or US$0.01 per share, sales, including the Company's proportionate share of Pure Sunfarms' sales, increased to US$40.6 million compared with US$36.9 million, EBITDA, was US$1.5 million compared with US$2.6 million. EBITDA included $0.9 million from Pure Sunfarms and the Company's common shares commenced trading on the Nasdaq Capital Market under the symbol "VFF".

While most eyes are currently on the US CBD market, Aphria Inc. (TSX: APHA) (NYSE: APHA) through its subsidiary Aphria Deutschland GmbH is focusing on other markets having recently launched the Company's first CBD-based nutraceutical, the first product in its CBD-based cosmetics line for the German market. Featuring CBD derived from hemp, the CannRelief brand of products are being produced in the European Union and distributed by the Company's subsidiary, CC Pharma, which has access to more than 13,000 pharmacies throughout Germany.

Before we see more major chains really double down on the cannabis landscape, a new regulatory framework will have to be developed and implemented, providing guidance for what these companies can and can’t do. Though we may be a long way off from that framework coming into place, a continued string of positive financials and interest from large parties like this is encouraging to see and helps give credence to the industry.

   

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Going Back to Cali; Success for #Cannabis Companies Continues in #California; (CSE: $EAT.C) (CSE: $OH.C) (CSE: $GRIN.C) (CSE: $GABY.C)

Going Back to Cali; Success for #Cannabis Companies Continues in #California; (CSE: $EAT.C) (CSE: $OH.C) (CSE: $GRIN.C) (CSE: $GABY.C)

Point Roberts, WA and Delta, BC - April 9, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a market snapshot discussing the success of recent distribution agreements in the California cannabis space.

Nutritional High International Inc. (CSE: EAT) (OTCQB: SPLIF), a company focused on developing, manufacturing and distributing products under recognized brands in the cannabis products industry, with a specific focus on edibles and oil extracts for medical and adult recreational use, recently congratulated Cresco Labs Inc. on their agreement to acquire Origin House.

Read this in full at https://www.investorideas.com/news/2019/cannabis/04091CompaniesInCalifornia.asp

"We are pleased that another California distribution and manufacturing company with many similarities was acquired at such a healthy multiple," commented Adam Szweras, Co-Chair of the Nutritional High board. "This acquisition and the valuation of Origin House are a vote of confidence for companies like Nutritional High, signaling that the market values companies who are able to control shelf space and realize greater margins and market penetration through ownership of the distribution pipeline."

Nutritional High recently released their Q2 2019 Financials with some of the highlights of $6.1 million from the sale of Cannabis related products in California, primarily via its wholly owned distributor, Calyx Brands Inc. which represents an annualized revenue run rate of $24.2 million.

At the end of January 31, 2019, the Company has now recognized a trailing twelve-month revenue from Cannabis sales of approximately $17.6 million, making Nutritional High's Calyx now one of the largest distributors in California.

Cresco Labs Inc. and CannaRoyalty Corp., d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) recently announced that they have entered into a definitive agreement in which Cresco Labs will acquire all of the issued and outstanding shares of Origin House, representing a total consideration of approximately C$1.1 billion on a fully-diluted basis, or C$12.68 per Origin House Share.

The Transaction represents the largest public company acquisition in the history of the US cannabis industry. The combined entity will be: one of the largest vertically-integrated multi-state cannabis operators in the United States; a leading North American cannabis company, by footprint; and one of the largest cannabis brand distributors.

Grown Rogue International Inc. (CSE:GRIN) (OTC: NVSIF), a vertically-integrated, multi-state cannabis company with licenses and operations in Oregon, California, and now Michigan recently released its financial and operating results for the three months ended January 31, 2019.

Some of the first Quarter 2019 highlights included: a first quarter revenue growth of 388% year-over-year to $834,309 which is expected to continue as the Company proceeds with its expansion plans in Oregon, California and Michigan, gross margin improved to 31% compared to negative gross margin Q1-2018, and Grown Rogue products in over 220 dispensaries in Oregon.

"Our Fiscal 2019 Q1 represents the first full quarter for Grown Rogue as a public company and marks the Company's 5^th consecutive quarter of revenue growth since launching first in the state of Oregon in late 2017," said Obie Strickler, President and CEO of Grown Rogue. "To have gained this brand recognition and sales traction, in what is arguably the world's most competitive legalized cannabis market, bodes very well for our expansion into California and particularly the newly legalized market in Michigan. We've grown very quickly from controlling just 3 licenses in one state a year ago to assets allowing us to have 22 licenses in three states today."

Gabriella's Kitchen Inc. (CSE: GABY), an innovative and leading-edge cannabis wellness company is ensuring its own distribution throughout the state having recently announced the completion of its acquisition of all of the issued and outstanding shares of Sonoma Pacific Distribution, Inc., California's premier, independently-owned cannabis distribution company, which was previously announced on October 23, 2018.  With the closing of the Acquisition, GABY gains an expansive distribution reach across the state of California, which currently represents the world's most thriving cannabis market as well as a permanent cannabis distribution license that was issued to Sonoma Pacific by the California Bureau of Cannabis Control and the County of Santa Rosa on March 14, 2019.

"With the support of GABY and its executive team as well as the ability to leverage GABY's infrastructure, Sonoma Pac realized a record-breaking first quarter of 2019.  For the three month period ending March 31, 2019, it is estimated that Sonoma Pac generated revenue that exceeds CDN$8 Million from the sale of our proprietary products," stated Aaron Browe, President of Sonoma Pac.  "That number represents a massive 1,200% increase over the same quarter last year."

As California is currently the world’s largest regulated cannabis market, the market trends and developments that occur there will have a large impact on how the rest of the cannabis industry operates. These recent developments show that strong financials and a solid distribution channel have become necessities in this maturing market.

The California Senate voted last Thursday, April 4^th (voting 32-4), passing a bill that would allow the state to extend temporary licenses to cultivators until replacements are approved, removing a potentially large obstacle and showing it wants to maintain its market share.    

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

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Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and  the AI Eye Podcast and column covering developments in AI. 

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Disclaimer/Disclosure:. 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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring Nutritional High International Inc. (CSE: EAT) (OTC: SPLIF) is a paid for service on Investorideas.com.  Learn more about costs and our services https://www.investorideas.com/News-Upload/

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#PlaybyPlay; WWE’s (NYSE: $WWE) #Wrestlemania 35 Breaks Record with $16.9 Million Gross and Fitbit (NYSE: $FIT) Partners with Snap (NYSE: $SNAP) to Launch Bitmoji Clock Face

#PlaybyPlay; WWE’s (NYSE: $WWE) #Wrestlemania 35 Breaks Record with $16.9 Million Gross and Fitbit (NYSE: $FIT) Partners with Snap (NYSE: $SNAP) to Launch Bitmoji Clock Face

Point Roberts, WA, Delta BC April 8, 2019 - Investorideas.com, a leader in investor news and research issues today’s edition of Play by Play covering what’s new in sports headlines and recent news from publicly traded companies in the sector.

Listen to podcast

https://www.investorideas.com/Audio/Podcasts/2019/040819-PlayByPlay.mp3

Read this in full at https://www.investorideas.com/news/2019/play-by-play/04081WWE-FIT-SNAP-Bitmoji.asp

WWE (NYSE:WWE) has announced that Wrestlemania 35 has set the record for MetLife Stadium’s highest-grossing entertainment event, grossing $16.9 million. The previous record was held by Wrestlemania 29 in 2013, which made $12.3 million. New Jersey Governor Phil Murphy commented:

“WWE outdid themselves by creating an even more exciting WrestleMania than we experienced six years ago. The WWE Universe helped deliver significant economic results to New Jersey, and we look forward to the opportunity of hosting WrestleMania again in the future.”

Fitbit, Inc. (NYSE:FIT) has partnered with Snap, Inc. (NYSE:SNAP) to launch the first-ever Bitmoji clock face, which updates throughout the day based on your personal health and fitness data, activity, time of day, and weather. Tim Rosa, CMO of Fitbit, said:

“Giving our users experiences that are personalized, engaging, and delightful is at the core of what we do at Fitbit. We’re thrilled to partner with Snap to give our millions of users around the globe a creative, shareable depiction of their health and fitness progress through this imaginative concept. The Fitbit Bitmoji dynamic clock face is the collective result from both Fitbit and Snap teams, to create a new way to help motivate people to be healthier and have lots of fun doing it.”

Curry Leads Warriors to Clinch Western Conference as Playoffs Draw Near, Panthers Hire New Coach After Firing Boughner on Sunday and Canadian Corey Conners Wins at Valero

Stephen Curry scored 27 points against the LA Clippers last night in the Warriors’ final regular-season game. This win, their fifth straight, clinches the conference title for Golden State as they head into the playoffs. Elsewhere, the Milwaukee Bucks beat the Atlanta Hawks last night, giving them their 60th regular-season victory and solidifying their Eastern conference title. The NBA playoffs begin on Saturday, April 13.

The Florida Panthers have already hired a new coach after firing Bob Boughner yesterday, the Associated Press reports. The franchise has brought in Joel Quenneville, who won three Stanley Cups with the Chicago Blackhawks. This reunites Quenneville with Panthers GM Dale Tallon,  who hired him to coach the Blackhawks in 2008. Elsewhere, the Buffalo Sabres fired their coach of two years, Phil Housley, yesterday as well. The NHL playoffs begin this Wednesday.

The AP reports that Canadian golfer Corey Conners has won the Valero Texas Open. Conners shot a 6-under 66 and made three birdies in the final five holes. The victory earned him the final slot in the Masters next week.

By Samuel Mowers at Investorideas.com 

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Investor Ideas #Potcasts, #Cannabis News and Stocks on the Move; (CSE: $MWM.C) (TSXV: $KHRN.V) (TSX: $TRST.TO) (NYSE: $CTST) (CSE: $ISH.C) (CSE: $TGIF.C)

Investor Ideas #Potcasts, #Cannabis News and Stocks on the Move; (CSE: $MWM.C) (TSXV: $KHRN.V) (TSX: $TRST.TO) (NYSE: $CTST) (CSE: $ISH.C) (CSE: $TGIF.C)

Delta, Kelowna, BC –April 8, 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 potcasts^CM - cannabis news and stocks to watch plus insights from thought leaders and experts.

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2019/040819-StocksToWatch.mp3

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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 experts and industry leaders.

Today we are looking at announcements from Micron Waste Technologies Inc., Khiron Life Sciences Corp., CannTrust Holdings Inc., Inner Spirit Holdings Ltd. and 1933 Industries Inc..

Micron Waste Technologies Inc., (CSE: MWM) (OTC: MICWF) a leading developer of waste treatment systems for food and cannabis waste, announced today an expanded collaboration with  BC Research Inc. (BCRI) to facilitate rapid commercialization of the Company's second-generation food waste processing system. The new Organivore™ 2.0, designed for on-site waste processing for commercial producers of food waste, including supermarkets and food processors, producers and distributors, will combine new innovations developed for the Cannavore^TM system, which Micron and BCRI purpose-built for the cannabis industry. Micron and BCRI will now rapidly install new technologies and applications into the Organivore™ 2.0, with market readiness anticipated in the second half of this year.

Organivore offers a cleantech solution to conventional waste treatments. Roughly one-third of the food produced in the world for human consumption every year - approximately 1.3 billion tonnes - is lost or wasted. Food losses and waste amounts to roughly US$680 billion in industrialized countries and US$310 billion in developing countries (FAO). Much of this food is diverted to landfill: Landfills are the second largest single human source of methane emissions, accounting for 16% of all methane sources (UNECE) and Methane is 34 times more damaging to the environment than CO² (IPCC)

"The Organivore will target, in particular, the significant segment of the food industry that has challenges with compliant, sustainable and cost-effective management of food waste, including restaurants, hotels, cruise ships, food processers and hospitals," said Alfred Wong, President & CEO of Micron. "We will initially prioritize the treatment of specialized waste, which has more contaminants. Specialized waste is more highly-regulated and offers high-margin opportunities for Micron. Conventional methods of treatment are under increasing government and regulatory scrutiny, putting pressure on waste producers to find cleaner and more efficient management strategies."

Khiron Life Sciences Corp., (TSXV: KHRN) (OTCQB: KHRNF), a vertically integrated cannabis leader with core operations in Latin America, today announced four key additions to its executive team to strengthen its market reach in Mexico and Chile, and implement its joint venture initiative with Dixie Brands, a partnership that will bring more than 100 market-leading Dixie brands to the Latin American market.

As Khiron grows to a company of more than 200 employees across four jurisdictions, it continues to execute its market expansion strategy to deploy a formidable and well-connected team in every market in which it operates, furthering its first-mover advantage across the region.

The company appointed John Cooke - VP Corporate Development, Luis Chavas – Country Manager, Mexico, Rodrigo Azócar – Country Manager, Chile and Rodrigo Durán – Lead, Dixie Brands Joint Venture0.

Alvaro Torres, Khiron CEO and Director, commented: "We are excited to announce such a talented team will be joining Khiron as we continue to expand our market initiatives across various jurisdictions in Latin America. Their deep commitment and wealth of experience will be invaluable to the Company's vision, helping us accelerate our market growth across the region."

CannTrust Holdings Inc. (TSX: TRST) (NYSE:CTST), announced that its cultivation and processing permit under Health Canada Cannabis Regulations was amended to include the final 20% of its Phase 2 expansion. The entire 450,000 sq. ft. of its perpetual harvest greenhouse in Pelham, Ontario, is now fully licensed.

"We have always been confident that our processes meet and exceed regulatory standards, and we now have further validation of this from our regulators," said Peter Aceto, Chief Executive Officer. "With this approval, CannTrust is set to meet its plan to reach 50,000kg of annualized capacity at the perpetual harvest greenhouse and continue providing award-winning products in a cost-effective manner."

Inner Spirit Holdings Ltd. (CSE:ISH) (OTC: INSHF),  today announced that further to the initial investment and strategic partnership with Tilray, Inc. (NASDAQ:TLRY) and its wholly owned subsidiary High Park Holdings Ltd. that was announced in December 2018, Tilray has increased its total investment in Inner Spirit to $6 million by providing the Company with a $1.5 million secured short-term loan at a rate of 12.0% per annum.

"This additional investment by Tilray is a testament to the strength of the relationships Spiritleaf has built with our strategic partners. When you add the initial success of our local ownership franchise model, the dozen pending corporate stores at high-traffic locations throughout Alberta, and the additional franchise locations we intend to open across the country, Spiritleaf is well positioned to execute on its business plan," said Darren Bondar, President and CEO of Inner Spirit.

The Company also provided an update on its operations in Ontario as a new Spiritleaf retail store opened in Kingston, Ontario on April 1, 2019. Store sales have exceeded $230,000 in the first seven days of operation with more than 4,800 customers served. Under the terms of the retail and licensing agreement, Spirit Leaf Inc., which is a wholly owned subsidiary of the Company, receives a retail licensing fee of five percent of sales with an additional one percent contributed to Spiritleaf's national marketing fund.

1933 Industries Inc. (CSE: TGIF) (OTCQX: TGIFF) a licensed cultivator and producer of cannabis flower and concentrates and manufacturer of hemp-derived CBD wellness products, announced the execution of  a licensing agreement dated April 3, 2019 between House of Hawk, LLC and the Company's subsidiary, Infused MFG, LLC for the launch of several co-branded CBD wellness products for a two-year term in North America.

The action sports market is quickly becoming a champion of the potential benefits of CBD. Infused has been a leader in this segment since launching its Canna Hemp X™ line in 2018 led by brand manager David Hafsteinsson.  Working in collaboration with one of the most respected skateboarding names in the world, Infused will launch several co-branded products, including CBD recovery creams and lotions, as well as hemp-only recovery creams and lotions.  Sold under Canna Hemp™, Canna Hemp X™ and Birdhouse Skateboards™ ("Birdhouse") names, the new branded products represent the first collaboration between Birdhouse and a CBD wellness products manufacturer.

Chris Rebentisch, USA COO and Founder of Infused stated, "It's truly an honor to be working with Tony Hawk's Birdhouse Skateboards™ brand and their incredible organization. Birdhouse team members Clive Dixon, Ben Raybourn, David Loy and Clint Walker will help support the new partnership via social media. The opportunity of offering our sports recovery products under a partnership with Hawk's brand Birdhouse adds credence to our brand. Tony is an internationally recognized action sports figure and responsible for fuelling the growth of skateboarding as a professional sport." Mr. Rebentisch added, "Infused recognizes that the action sports vertical is an underserved market. Our mission is to offer the best of breed recovery products in the market today and we look forward to working with Birdhouse in this endeavour."

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About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and  the AI Eye Podcast and column covering developments in AI. 

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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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.

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