Wednesday, February 19, 2020

Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move; (TSX: $ZENA.TO) (CSE: $BEV.C) (CSE: $MOTA.C) (TSX: $TGOD.TO) (OTC: $TGODF) (TSXV: $JWCA.V)


Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move; (TSX: $ZENA.TO) (CSE: $BEV.C) (CSE: $MOTA.C) (TSX: $TGOD.TO) (OTC: $TGODF) (TSXV: $JWCA.V)



Delta, Kelowna, BC, February 19, 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 public announcements.

But first, a team of Canadian cannabis industry professionals have launched the world's first public relations agency focused on cannabis, psychedelics and other emerging regulated markets - all with heightened transparency not often seen in traditional PR.

Along with years of combined experience working in the regulated Canadian cannabis sector, the company's team is ushering in a new approach to PR services with four core values: transparency, authenticity, accountability, and consistently driving value.

Alan Aldous will offer services in communications and marketing for emerging and regulated markets, including full-spectrum public relations support, search engine optimization, media outreach, and the development of corporate social responsibility (CSR) initiatives.


As emerging markets mature in Canada and abroad, brands realize that the one-size-fits-all PR agency model, with increasingly uncontrollable monthly retainers, may no longer make sense.

Unlike most PR firms, Alan Aldous offers a transparent quote builder on its website, so brands can determine an approximate budget for their desired PR services - on a per campaign basis with no exclusivity contracts.

The name "Alan Aldous" is a nod to two highly-inquisitive famous authors, Alan Watts and Aldous Huxley. Both of these extraordinarily forward-thinking writers focused on psychedelic content in their works and advanced the world towards better human understanding.

Alan Aldous has developed one of the most comprehensive private media contact databases within the cannabis and psychedelics industry.

Zenabis Global Inc. (TSX:ZENAannounced details of its cannabis derivative product strategy and execution, including entering into an agreement with a Canadian beverage manufacturer to produce a range of cannabis-infused beverages.

Highlights:
     In December 2019, Zenabis signed a definitive agreement with HYTN Beverages Inc. to produce a range of cannabis-infused beverages at Zenabis Stellarton.

     The initial launch of cannabis-infused sparkling water beverages under the HYTN brand are listed with all Zenabis' Provincial counterparties, with strong indicative demand. First shipment of the initial four flavours of the cannabis-infused sparkling water beverages expected in Q2 2020.

     Zenabis executed its first production run of vape cartridges for the PAX Labs Inc. Era vaporizer device range. The initial run was immediately sold to three provincial partners. The first provincial shipments commenced on 5 February, 2020.

     Zenabis Atholville's extraction lab is currently operating at 400 kg of biomass per month, and is expected to reach steady state in March 2020. The intent is to use cannabis extracts from Zenabis Atholville in Zenabis' cannabis derivative products once extraction reaches steady state.

HYTN is in the process of installing its own beverage production line in Zenabis Stellarton, with commission expected to be completed by March 2020. Zenabis will supply the requisite cannabis extracts and provide coast to coast distribution with the company's provincial counterparties. The intent is to launch a series of cannabis-infused sparkling water beverages under the HYTN brand with future beverage products planned to the extent that is justified by market conditions and demand.

"We are happy to announce a new addition to the Canadian cannabis 2.0 market. We are working with a partner that has experience successfully formulating new beverage options in the Canadian market. The combination of HYTN's beverage manufacturing expertise with our high-quality cannabis extracts allows Zenabis to provide consumers with a new line of high-quality cannabis-infused beverages," commented Kevin Coft, Chief Executive Officer of Zenabis. "Initial indicative demand from our provincial partners is strong and we hope to have these products into their supply chains in Q2 2020. This will make Zenabis one of the first licensed producers to bring cannabis-infused beverages to the Canadian market."



 BevCanna Enterprises Inc. (CSE: BEV) (OTCQB:BVNNFannounced that it has entered into a definitive joint venture agreement with Mota Ventures Corp. (CSE:MOTA) (OTC: PEMTF), to exclusively distribute BevCanna's hemp-derived cannabidiol (CBD) products in the European market.

The Joint Venture will initially launch BevCanna's "LEV" line of fruit-forward lightly sparkling CBD-infused spring water beverages and water-soluble powders.  The beverages will also utilize BevCanna's proprietary method of nano-delivery of cannabinoids, a unique technology that produces a rapid onset time for the cannabinoids.  The JV will launch additional products over the life of the five-year agreement.

Under the agreement, BevCanna and Mota have agreed to share equal ownership in the Joint Venture and be jointly responsible for developing and funding its operations.  In addition to capital, BevCanna has agreed to contribute proprietary brands, product formulations, formulas for nano-encapsulated water-soluble powders, and marketing and manufacturing expertise to the Joint Venture. Mota has agreed to provide manufacturing, marketing and distribution infrastructure in the European market.

"We're eager to launch our CBD products in the European market," said John Campbell, Chief Strategy Officer of BevCanna. "Infused beverages are a great way to enjoy cannabidiol in a familiar, appealing consumption format, while also being non-carcinogenic and more socially friendly than other formats. We're also excited to employ our proprietary nano-technology in our beverages, which is more bioavailable and produces a rapid onset time."

The company also announced that it is significantly expanding its manufacturing premises, in anticipation of the Company receiving its standard processing license and initiating full-scale commercialization this year.

Pursuant to a second amendment agreement dated February 14, 2020, BevCanna's current 5,235 square foot of dedicated cannabis production premises has doubled to 10,378 square feet.

"This expansion is an exciting step for BevCanna," said John Campbell, Chief Strategy Officer at BevCanna. "We expect to receive our standard processing license imminently, and we're preparing to initiate full-scale production in the coming months. We've seen a fantastic consumer and industry response to the upcoming Canadian beverage market, and this development ensures that we have capacity and full product offerings to fulfil the anticipated demand."

The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF), a leading producer of premium certified organic cannabis, announced that it has secured a research licence from Health Canada.  Valid for five years, the Licence allows TGOD to reduce the cost and accelerate the pace at which it develops new products by eliminating reliance on third parties.
"As consumers become increasingly aware that not all cannabis products are created equal, we want to ensure that TGOD continues to go to market with consumables that bear a seal of premium quality that they can trust," commented Brian Athaide, CEO of TGOD.  "By leveraging the expertise of our in-house Science and Marketing teams, we are able to optimize costs and accelerate our speed to market.  In parallel, we are also layering on additional quality control measures ensuring a high level of consistency across all our product lines."

TGOD also intends to leverage the newly awarded Licence to complete the development of additional premium cannabis 2.0 products, which are expected to launch later this year.

James E. Wagner Cultivation Corporation (TSX: JWCA.V) (OTCQX: JWCAF), announced that it has entered into a Master Cannabis Supply Agreement effective February 6, 2020, with the Ontario Cannabis Retail Corporation, operating as the Ontario Cannabis Store. This agreement marks the launch of JWC’s products for sale into the recreational market.

The agreement provides the framework for JWC to supply its aeroponically grown cannabis products to the OCS, making them available for purchase through the OCS online store and nearly 30 private retail stores across Ontario.

“In signing an agreement with the OCS, we are able to realize our goal of joining one of the largest recreational cannabis markets in the industry,” says Nathan Woodworth, JWC President and CEO. “Our products have a reputation for consistency and flavour. We will be introducing new products in different formats to service a wide range of lifestyles.”

As announced in its press release dated November 20, 2019, JWC is also working with Kindred Partners Inc. to offer products for sale in Saskatchewan and Newfoundland. Kindred is a specialty brokerage and services company for cannabis products.

Each of JWC’s cultivars are grown exclusively using the Corporation’s proprietary GrowthSTORM™ aeroponic technology, recognized for producing clean, consistent cannabis. JWC is on track to produce a total of over 35,000 kg of dried cannabis per year once its JWC2 cultivation facility, located at 530 Manitou Drive, Kitchener, Ontario, is fully operational.

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/.
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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 
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#ExploringMining #Podcast – #Mining #Stocks News from (NYSE American: $SILV) (TSX: $SIL.TO) (NYSE: $RIO) (NYSE: $NEM) (NYSE: $AGI) (ASX:LLO)

#ExploringMining #Podcast – #Mining #Stocks News from (NYSE American: $SILV) (TSX: $SIL.TO) (NYSE: $RIO) (NYSE: $NEM) (NYSE: $AGI) (ASX:LLO)



Point Roberts WA, Delta BC, February 19, 2019 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE  companies plus interviews with CEO's and leading experts.

Listen to the podcast:


SilverCrest Metals Inc. (NYSE American:SILV) (TSX:SIL) has announced a new discovery and additional drill results from the Babicanora Norte Vein of the Las Chispas Project in Sonora, Mexico. Results include a total of 216 holes, 65% of which are in-fill holes and 35% expansion holes. The discovery of the Babi Norte southeast faulted extension named "Area 200 zone" intercepted 2.0 metres grading 6,418 grams per tonne silver equivalent, making the Babi Norte Vein “the highest-grade vein currently known on the property.” SilverCrest CEO N. Eric Fier commented:

"Since the high-grade discovery in January 2018 of the Babicanora Vein, Area 51 zone, the SilverCrest technical team has been systematically testing out its theory of "the Nature of Multiples" for the potential to discover parallel high-grade precious metal veins and zones similar to Area 51. With the high-grade discoveries of Las Chispas Vein, Area 118, in November 2019, and now the Babi Norte Vein, Area 200, this work has proven effective. Area 200, approximately 500 metres in strike length, is now considered the highest-grade discovery to date at Las Chispas and, combined with the remaining 1.5 kilometres strike length of the Vein, is the longest mineralized vein in the district, surpassing the Babicanora Vein. Area 200 is proximal to the Santa Rosa Decline, suggesting it could be easily accessed with minimal underground development. Congratulations to the SilverCrest team on another high-grade discovery and its ability to aggressively advance this for FS inclusion."

Rio Tinto Group (NYSE:RIO) has recently approved a $98 million investment in a new solar plant at the Koodaideri mine in the Pilbara, Australia. The plant is expected to supply power to the mine during peak solar power generation times and approximately 65 percent of the mine’s average electricity demand. Chris Salisbury, Rio Tinto Iron Ore’s chief executive, said:

"The construction of our first solar plant in the Pilbara is a significant milestone for the business and an important step in reducing our carbon footprint in the region.
"We are investigating additional renewable energy options in the Pilbara, as well as other opportunities to reduce emissions across our entire global portfolio, building on the 43 per cent reduction in absolute greenhouse gas emissions since 2008."

Newmont Corporation (NYSE:NEM) has approved investment in an Autonomous Haulage System (AHS) at its Boddington mine in Australia to improve safety and prolong the mine’s life. Expected to be fully operational by 2021, this would make Boddington the first open pit gold mine with an autonomous haul truck fleet in the world. Newmont President and CEO Tom Palmer explained:

"Not only does Boddington continue to deliver strong performance, our investment in autonomous haul trucks will generate an internal rate of return greater than 35 percent with a more controlled and efficient haulage operation. We are also uniquely positioned in the gold sector to support effective implementation and operation of the fleet thanks to the technical capabilities and previous experience of leaders in our business. Simply put, Boddington will be a safer, more productive world-class gold mine in a top-tier jurisdiction."

Alamos Gold Inc. (NYSE:AGI) has reported its mineral reserves and resources for the year-ended 2019. Among the highlights are: “Island Gold’s Mineral Reserves and Resources increased by a combined 921,000 ounces, net of mining depletion, Global Proven and Probable Mineral Reserves of 9.73 million ounces of gold, Global Measured and Indicated Mineral Resources of 7.04 million ounces of gold, Global Inferred Mineral Resources increased 10% to 5.98 million ounces of gold, and Global exploration budget of $36 million in 2020.” John A. McCluskey, President and CEO, said:

“We had another tremendous year at Island Gold on all fronts with the asset continuing to evolve into a world class ore body. Over the past two years we have added more than two million ounces of Mineral Reserves and Resources, before mining depletion, with the deposit now approaching four million ounces in all categories. We see strong potential for this growth to continue with the deposit open laterally and down-plunge across multiple areas of focus.”

Lion One Metals Limited (ASX:LLO) has announced high-grade gold assays part of its 100 percent-controlled Tuvatu alkaline gold project, Fiji, from recent surface sampling. Quinton Hennigh, technical advisor to Lion One, commented:

"Building a pipeline of new, high quality drill targets outside of the Tuvatu resource is one of our main objectives at Lion One. Once access was granted to our new Navilawa tenement, we began to explore. Over the past few months, we conducted BLEG sampling which indicated the entire northern half of the caldera is prospective. Now that we are opening up roads, we are able to see numerous mineralized exposures. These first surface sample results are very promising, and, coupled with recently announced results from our controlled-source audio-magnetotelluric surveys that show robust structures underlying the region, suggest we should have a large pipeline of drill targets in time for the upcoming dry season."

Lion One Metals stock is up about 7.6 percent at press time.

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Research mining stocks at Investorideas.com with our mining stocks directory at Investorideas.com https://www.investorideas.com/Gold_Stocks/Stocks_List.asp 

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. Disclosure: SilverCrest Metals is a paid annual client 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 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 #Fintech News: Weyland Tech’s (OTCQX: $WEYL) AtozGo Food Delivery Service Surpasses 86,000 Customers and 16,600 Daily Deliveries Seven Months Since Launch; @weylandtechinc

Breaking #Fintech News: Weyland Tech’s (OTCQX: $WEYL) AtozGo Food Delivery Service Surpasses 86,000 Customers and 16,600 Daily Deliveries Seven Months Since Launch; @weylandtechinc



NEW YORK, NY - February 19, 2020 (Investorideas.com Newswire)  Weyland Tech, Inc. (OTCQX: WEYL) a leading global provider of mCommerce platform-as-a-service (PaaS), eCommerce managed services and fintech solutions, reported that its AtozGo™ local food delivery service in Jakarta, Indonesia, has reached a registered customer base of 86,000 mobile users generating 16,600 orders per day.


This milestone has been achieved only seven months since the inaugural launch of AtozGo in July of last year, with the number of AtozGo users increasing 74% from the last updated figure of 49,500 announced in November. AtozGo has become so popular because it saves the time and hassle of going out and waiting in line, while providing a fast and easy way for delivery people to make extra money in their spare time or even full time.

Powered by Weyland's m-Commerce technology and the AtozPay™ mobile payment platform, AtozGo allows hungry office workers and city dwellers to easily order food delivered from their local favorite restaurants. Using the AtozGo mobile app, they can browse restaurant menus and submit their food orders via their smartphone, and then track the delivery to their door. Once their food arrives, they can pay using their AtozPay e-Wallet.

Unlike other local food delivery services, such as GrabFood, AtozGo increases the potential number of available delivery people by not requiring that they have a motor vehicle. They simply need to be within walking distance of the customer and local food establishments. This helps make the service a more affordable and faster option for urban customers.

With a residential population of more than 30 million and 3.5 million daily commuters, Jakarta has proven to be an ideal location for the launch of AtozGo. The company's runner-based approach for densely populated urban center like Jakarta reduces the typical food delivery time by about a third, or around 15 minutes, as compared to competing services.

"The strong and rapid growth of AtozGo has proven that its unique approach addresses need for a hyper-local, pedestrian-powered food delivery service in urban areas," commented Weyland Tech CEO, Brent Suen.

AtozGo's unique approach and phenomenal growth continues to create a tremendous value for Weyland. For global competitors, like Uber Eats or DoorDash, and even down to AtozGo's local competitors in Southeast Asia, such as GrabFood or Go-Foods, the typical average value per user is around $330. This implies a stand-alone valuation for AtozGo of more than $28 million.

"We've only just begun, with Jakarta as just the starting point and many other cities in Southeast Asia that are ideal for expansion," added Suen, "We continue to see AtozGo on track to reach more than 250,000 food deliveries per day, with a customer base topping 1 million by the end of this year. Given this growth trajectory, we see an implied stand-alone valuation for AtozGo exceeding $330 million."

The food delivery service market in Southeast Asia is estimated at around $13 billion annually. According to Frost & Sullivan, globally the sector is growing at a 14% compounded annual growth rate (CAGR) and is expected to reach $200 billion by 2025.
Through its subsidiary, Weyland Indonesia Perkasa, Weyland Tech owns 31% of AtozPay and AtozGo. Customers acquired through these mobile platforms also present the opportunity to introduce Weyland Tech's CreateApp mobile app development solution to area merchants and small to medium businesses (SMBs).

About Weyland Tech
Weyland Tech is a developer and global provider of mobile business software applications. The company operates its CreateApp™ platform-as-a-service (PaaS) across three continents and 10 countries, including some of the fastest-growing emerging markets in Southeast Asia. The platform provides a mobile presence for small-and-medium sized businesses (SMBs) that is supported locally by distributor partnerships.

Offered in 14 languages with more than 70 integrated modules, CreateApp enables SMBs to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. The technology empowers SMBs to increase sales, reach more customers, manage logistics, and promote their products and services in an easy, affordable and highly efficient way. For more information, visit weyland-tech.com.

About AtozPay™ and AtozGo™
Through Weyland Tech’s minority-owned subsidiary, Weyland Indonesia Perkasa (WIP), the company operates AtozPay™ and AtozGo™. The AtozPay mobile payments platform serves the burgeoning mCommerce and e-Payment markets in Indonesia, the world’s fourth most populous country. AtozGo is a fast-growing short-distance food delivery service operated in Jakarta, Indonesia. For more information, visit 
atozpayindonesia.com.

About Push Interactive
The e-Commerce platform of Weyland’s Push Interactive subsidiary features comprehensive customer acquisition capabilities, highly productive media and channel strategies, well-tuned product promotion and messaging, and sales funnel development and optimization. The direct-to-consumer platform provides an end-to-end solution for SMBs and major brands, allowing these organizations to dramatically increase online revenue while lowering the cost of customer acquisition and order fulfillment. Post-sale, Push supports fulfillment, customer relationship management, and further monetization through re-engagement and remarketing toolsets that enhance customer lifetime value (LTV). For more information about Push Interactive, visit 
www.pushint.com.

Important Cautions Regarding Forward Looking Statements
This release contains certain “forward-looking statements” relating to the business of the Company. All statements, other than statements of historical fact included herein are “forward-looking statements” including statements regarding: the ability of the Company to successfully integrate Push, the continued growth of the eCommerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.
                              
Company Contact
Brent Suen, CEO
Weyland Tech Inc.

Media & Investor Contact
Ronald Both or Grant Stude
CMA 
Tel (949) 432-7566
WEYL@cma.team

Weyland Tech (OTCQB:WEYL) is a featured fintech stock on

More info on WEYL at Investorideas.com Visit:


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. Disclosure: Weyland Tech, Inc. (OTCQX: WEYL), is a monthly paying featured tech stock 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 publishing your news release and our other news services on the Investorideas.com newswire
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Tuesday, February 18, 2020

Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move; Interview with Matt Markiewicz, Managing Director of the Cannabis ETF (NYSE: $THCX)


Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move; Interview with Matt Markiewicz, Managing Director of the Cannabis ETF (NYSE: $THCX)



Delta, Kelowna, BC, February 18, 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 Investorideas interview Matt Markiewicz, the Managing Director of The Cannabis ETF (NYSE: THCX), where we discussed how the market, as well as the ETF, has evolved and changed since Investorideas previous interview with Matt, as well where there is potential growth and optimism looking ahead at the cannabis space. 

When asked about how the negative press and financial results over the past few months have impacted the ETF as well as the cannabis market, Markiewicz commented, “In terms of the impact on the ETF, we’re down nearly 13% and a lot of that has been driven by the sell off in the larger LP’s because we do have an overweight position in Canopy, Cronos, Tilray, Organigram and Aphria. They are the bell-weathers of the industry. They give the investor the best peak into what’s going on in the cannabis industry in Canada and it’s been a rough go over the past few months. There has been a lot of news flow in the sector, and it’s not been great news obviously, but it is needed from the perspective of the costs needing to be more aligned with where the growth rate is looking to go in Canada, especially in the medium term, and this reckoning is something that had to happen for several months now.”
Markiewicz also went on to discuss the roles of the CEO in some of the larger LP’s, as there has been a consistent theme of management change over in the last year, saying “I think change is oftentimes a little bit shocking to people, but in these cases, and I think we will see more by the way, change was necessary. You have to remember that a lot of these cannabis companies are newly minted public companies so there is a certain type of behaviour that needs to be followed. They have a fiduciary duty to shareholders, that is their main objective, especially for boards on a lot of these companies. They’re thinking about how we best serve shareholders. Internally change can be hard to embrace, but externally for shareholders it's necessary, especially when things aren’t working. A lot of the problems in the industry are well outside management control in Canada at this point, and these C-level executives can’t control market dynamics, but they can control the messaging and the expectations that are built around growth for the industry and those companies.”

When asked about the total impact these management changes have had on the industry as well as the stock market, Markiewicz commented, “These changes that have been announced over the past couple of weeks in the industry haven’t really managed to instill any investor confidence from the standpoint of moving the stocks higher.”

Markiewicz went on to discuss new opportunities when looking at international markets, growth in the ancillary services sector of the industry, the rollout of Candian cannabis retail, Cannabis 2.0 sales, as well as the new opportunities that may arise as more companies are able to uplist and go public. 

Listen to Investorideas previous interviews with Matt Markiewicz from August here and November here

To find out more about The Cannabis ETF click the link here

Investor ideas reminds all listeners to read our disclaimers and disclosures on the 
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