Investor Ideas #Potcasts: #Cannabis News and #Stocks on the Move- (TSXV: $KHRN.V) (TSX: $TGOD.TO) (CSE: $NTAR.C) (CSE: $OVAT.C)
Delta, Kelowna, BC –April 30, 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/04301KHRN-TGOD-NTAR-OVAT.asp
Today’s podcast overview/transcript:
Good morning and welcome to another episode of Investorideas.com “potcasts”, looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.
In today’s podcast I focus on a few early announcements from some interesting companies.
But first, the Texas House gave preliminary approval Monday to a bill that would reduce the penalties for low-level possession of marijuana.
However, after the House grants final approval for the bill, it will head to the Senate, where presiding officer Lt. Gov. Dan Patrick has expressed opposition to the idea of loosening marijuana possession penalties.
The lower chamber voted 98-43 in favor of House Bill 63 by state Rep. Joe Moody, D-El Paso, after he changed it on the chamber floor from a decriminalization measure to one that reduces the penalties for possession. The bill lowers possession of 1 ounce or less from a Class B to a Class C misdemeanor, which is the same classification as a traffic ticket.
Khiron Life Sciences Corp. (TSXV: KHRN), (OTCQB: KHRNF), announced today that it has signed a distribution agreements for its Kuida® cosmeceutical brand with Cafam, a leading Colombian drugstore chain. This agreement further expands the brands points of sales In combination with the previous announced distribution arrangements this agreement further expands the brands retail and e-commerce points of sales in Colombia.
Cafam is a large Colombian conglomerate that is diversified across multiple business lines, with operations built over a 40-year history. Cafam operates 270 stores across 63 different markets in Colombia, generating annual revenue of USD $561M. The Company's agreement with the drugstore division of Cafam, represents an initial 49 point of sale locations for Kuida®, and an agreement to expand this distribution to a total of 150 stores in the first six months of roll-out of the agreement.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) announced that its Kelowna-based extraction processing services provider, Valens GroWorks Corp., has obtained its organic certification from Pro-Cert Organic Systems Ltd.
"TGOD has been committed to organic since day one. Working with service providers who embrace organic as much as we do is paramount. I want to congratulate the team at Valens for obtaining their organic certification," commented Brian Athaide, CEO of TGOD. "We look forward to delivering certified organic oils of the highest standards to our patients and customers."
TGOD collaborated with Valens to facilitate the organic certification of their organic processing methodologies. As announced on March 11th, as part of its agreement with Valens, TGOD will have exclusive access to their services for certified organic extraction processing for a period of one year.
NexTech AR Solutions (OTCQB: NEXCF) (CSE: NTAR) today announced the launch of sentiment analysis capabilities within its 'Try-It-On' augmented reality (AR) experience for online retail, the second in a series of sentiment-based technology solutions being developed for its patent pending web-enabled AR eCommerce platform and site optimization.
This latest feature is an integration of computer vision technology programmed to analyze shoppers' sentiment in real time as they 'try on' different products. Using Microsoft Azure, the technology is able to live sample shoppers' facial expressions every few seconds and will make recommendations through on-screen prompts based on a positive or negative reaction. Currently, the prototype of prompts is set on 'smiling', so when a potential customer smiles when 'trying on' an item, the technology will recognize that sentiment and display an on-screen prompt to urge the shopper to add the item to their cart.
Ovation Science Inc. (CSE: OVAT), a topical and transdermal cannabis product development company with a patented skin delivery technology and backed by over twenty years of research and development, today announced it has received the results of its successful completion of independent testing of its broad spectrum CBD sunscreen to be sold under its recently announced ARLO Beauty brand of skincare and anti-aging products.
There are two very important claims that a sunscreen can make: broad spectrum and water resistance. The SPF value of a sunscreen refers to protection from UVB rays. A sunscreen however that is "broad spectrum" means the sunscreen provides protection from both UVB as well as UVA rays; protecting the skin from ultraviolet rays that penetrate deeper, go through glass and clouds and can cause more severe skin damage. Only sunscreens with a critical wavelength above 370 nm are allowed to make the claim that they provide UVA protection. Ovation's ARLO Beauty sunscreen surpasses this criterion, allowing it to be labeled as having "broad spectrum" UVA and UVB protection. In addition, this independent testing also validated that Ovation's sunscreen achieved the highest level of water resistance allowed; 80 minutes.
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