Delta, Kelowna, BC, Canada -- January 28, 2021 -- InvestorsHub
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:
https://www.investorideas.com/Audio/Podcasts/2021/012721-StocksToWatch.mp3
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 will be looking at a few public company
announcements.
Canopy Growth Corporation (TSX: WEED)
(NASDAQ:
CGC) will
release its financial results for the third quarter fiscal 2021
ended December 31, 2020 before financial markets open on February
9, 2021.
Following the release of its third quarter fiscal 2021 financial
results, Canopy Growth will host an audio webcast with David Klein,
CEO and Mike Lee, EVP & CFO at 10:00 AM Eastern Time on
February 9, 2021.
Webcast Information
A live audio webcast will be available at:
https://produceredition.webcasts.com/starthere.jsp?ei=1418491&tp_key=44498b6183
Replay Information
A replay will be accessible by webcast until 11:59 PM ET on May
10, 2021 at:
https://produceredition.webcasts.com/starthere.jsp?ei=1418491&tp_key=44498b6183
The American Trade Association for Cannabis and
Hemp (ATACH) announced the formation of ATACH's Cannabis
Beverage Council.
The Council will bring together the most established cannabis
and beverage leaders focused on expanding the cannabis beverage
market. The canna-drink market doubled over the past two years
according to cannabis-industry analytics firm Headset's 2019
cannabis beverage report. BDSA Analytics cites the canna-beverage market
as making up 5 percent of overall cannabis sales in the United
States and 23 percent in Canada, suggesting further U.S.
growth.
"The Council is where cannabis industry leaders and beverage
companies convene and forge a new beverage market by harmonizing
canna-beverage policies across the country," said ATACH President
Michael Bronstein.
Following are quotes from Council members:
David Klein, Canopy Growth CEO and ATACH's "Beverage Executive
of the Year"
"Traditional players in wine, beer, and spirits are seeing
the trajectory of cannabis and its potential as a beverage category
today through the introduction of cannabis-infused drinks.
Regulatory guidance and standardization of pro-business policy
across states will be essential for the industry as we grow this
category. The Council will provide leadership to help advance the
industry as our companies seek to meet growing consumer
demand."
Adolphus Busch V, founder of ABV Cannabis Co.
"I know what the end of prohibition looks like for cannabis,
my family helped shape it in the alcohol industry. I am convinced
that ATACH's work on professionalizing outreach and creating
advocacy for the cannabis beverage category is how it will get
done."
Scott Coors, business entrepreneur and Board of Directors,
SeroVita Holding Corp.
"At the repeal of alcohol prohibition in the 1930s, the
industry came together to create an industry effort and agree on
responsible consumption, policies, and best practices. ATACH's new
Council for cannabis beverages is modeled after this concept, which
is why I am a part of this historic moment."
Christy Zhou, Vice President, Legal and Regulatory Affairs at
Organigram
"The maturing cannabis consumer and even traditional alcohol
consumers may explore cannabis-infused drinks and drink mixes as an
alternative consumption option. These beverage products can differ
from traditional solid edibles in their format and effects, and as
such, should be approached thoughtfully from a regulatory
perspective. As early adopters, it is our duty to help shape
regulations such that they encourage the development of responsible
and innovative beverage products."
In a video compilation, founding members speak to the goals and
vision of the Council which can be viewed
here.
Other founding members: Erik Knutson, CEO and Co-founder of Keef
Brands, Bill Silver, President of New Markets at Cannacraft, Chuck
Smith, CEO of BellRock Brands, Koji Pupo, Vice President of
Business Development, Columbia Distributing, Gary Kaminsky,
Director of Legal Compliance, Acreage Holdings, Jake Bullock,
Co-founder CANN, and Josh Lizotte, CEO of Rebel Coast, with more to
be announced.
Puration, Inc. (OTC:
PURA) today
announced sales of the company's EVERx CBD Sports Water
remain strong. The company reported over $2 million in annual sales
in 2019 and anticipates exceeding $2 million in sales for 2020
after reporting $1.9 million through Q3 2020. With EVERx sales
remaining resilient in the face of COVID-19 challenges to the
global economy, PURA management anticipates continued EVERx CBD
Sports Water sales growth in 2021.
PURA owns a license to a U.S. Patented cannabis extraction
process backed by extensive university medical research. The
license, issued by NCM Biotech, is exclusive for beverages, edibles
and cosmetics among other uses. NCM Biotech is focused on medical
research and Puration has access to that research.
Alkame Holdings, Inc. (OTC:
ALKM) currently bottles PURA's EVERx CBD Sports Water. As part
of a growing partnership, PURA has recently acquired a five percent
stake in ALKM. In conjunction with that growing partnership, ALKM
and PURA plan to pilot the production of multiple new CBD infused
consumer products.
ALKM and PURA recently announced the two companies plan to
produce and test market a CBD infused liquid sugar, a CBD infused
pet food supplement and a CBD sexual wellness flavored
lubricant.
Elixxer Ltd. (TSX-V: ELXR)
(OTCQB:
ELIXF) announced its latest achievements of its largest
holding Little Green Pharma Ltd. (LGP). LGP has achieved the
following major milestone validating their investment:
The French Agency for the Safety of Medicines and Health
Products (ANSM) has selected Little Green Pharma as 1 of 4
companies that will supply France's medical cannabis pilot program.
Under the program, participants will be provided with free products
to patients that enol in the trial. LGP will be a both a main &
substitute supplier for CBD sublingual oils.
Currently Elixxer holds 27.4M shares of LGP and as of January
27, 2021 the closing price was $0.64 per share on the ASX, click
link: LGP Share Price
Elixxer will update the investors via press release on further
developments from its holdings.
Investor ideas reminds all listeners to read our disclaimers and
disclosures on the Investorideas.com website and that 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.
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