Delta, Kelowna, BC - September 16, 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:Investor Ideas Potcasts, Cannabis News and Stocks on the Move; Episode 468 (CSE: PRMO) (OTC: BUGVD) (CSE: SUN) (OTC: WLDFF) (TSX: TGOD) (OTC: TGODF)September 16, 2020
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.
Today's podcast is sponsored by Cannabis Suisse Corp. (OTC: CSUI ), a fully licensed cannabis cultivation and distribution company in Switzerland, for recreational tobacco products and medical CBD oils. The Company's facilities for producing cannabis are based in Dietikon, Switzerland, and contain the art surveillance equipment to enable an around the clock webcast. Cannabis Suisse grows high quality, organic cannabis with sustainable, all-natural principles. The Company's products are laboratory tested to ensure the end users have access to a standardized, safe and consistent product. Cannabis Suisse proprietary trademarked MoldStandard is a quantitative microbiology method for analyzing yeast and mold counts in harvested cannabis plants. Cannabis Suisse proprietary trademarked CannaMec is a method for quantifying and removing residual solvents during packaging and storage of CBD products. Cannabis Suisse Corp. currently sells via a distribution network of Swiss retailers and online shops, under the retail brand Alpine Cannabis.
In today's podcast we look at a few public and private company announcements.
The MDEL is a license issued to companies for the activities of manufacturing, importing and distributing (selling) of all four classes of medical devices for human use in Canada.
These classes include; nitrile gloves, N95 surgical masks & KN95 masks, surgical gowns, respirators and testing kits to name a few.
The MDEL license is issued by Health Canada's Regulatory Operations and Enforcement Branch (ROEB) based on an attestation that the establishment meets all of HC's MDEL regulatory requirements.
During an inspection by Health Canada, MDEL license holders must demonstrate to Health Canada that they meet the regulatory requirements attested to, having in place related medical devices that they intend to import and/or distribute (sell) in Canada.
CannaTrac Technology, Inc., the leading cashless payment solution for the cannabis and hemp industries, announced today that the Company has signed a partnership with Sionic Mobile Corporation, a cloud-based digital commerce provider, to begin accepting CannaCard cashless payments in tens of thousands of national and regional retailers across the country.
"We couldn't be more excited to join forces with such a well-respected, established mobile commerce company as Sionic to bring our user-friendly cashless payment solution to consumers nationwide," said CannaTrac Vice Chairman and CEO Thomas Gavin IV. "Since the beginning of the COVID-19 pandemic, we have seen a significant increase in the popularity of cashless payments and data is showing that the trend is only projected to continue. Offering CannaCard digital payments through an exclusive merchant network is the perfect solution for retailers who are shifting their strategy to fit the consumer demand for touch-free payment options. Our app-based system is simple to use, allows for retailers to interact with their consumers on various levels including through our rewards platform, and offers a level of security to our users that cash simply cannot."
As a result of this partnership, small-to-medium business (SMB) retailers will also be able to activate the CannaCard payment solution through their existing point-of-sale systems using Sionic's 3-digit CODE checkout. At large national retailers, consumers will have the ability to make contactless, mobile payments through the CannaCard mobile app. Users can load funds onto their CannaCard straight from their banking accounts through the mobile app. Additionally, consumers will earn rewards for all mobile purchases made through the CannaCard mobile app, which can be redeemed through any store in the merchant network.
"We're thrilled to align with CannaTrac and its channel-first offering," said Sionic CEO Ronald Herman. "We believe the CannaCard solution is a game-changer and will have a big impact on the industry as a whole. The timing couldn't be better."
According to a recent study, 54 percent of consumers surveyed are concerned about handling paper money and coins as a result of COVID-19, and 60 percent of consumers plan on using digital and/or touchless payments instead of cash or coins in the future because of COVID. Prior to the pandemic, the use of cashless payment solutions was already on the rise due to various advantages for both businesses and consumers, such as fewer opportunities for theft, increased speed of transactions, and lower cash handling costs for companies. In the U.S., it is expected that by 2022 the number of non-cash transactions will surpass 200 billion.
By offering CannaCard, Sionic and other retailers are adjusting to "the new normal" of payment behavior and improving consumer experiences through convenience and increased safety measures that protect them and the general community.
For more information about CannaTrac, visit https://www.cannatrac.com/.
Included in the launch are two of Wildflower's award-winning CBD topicals, the CBD Cool Stick and CBD Relief Stick, are planned to be launched in Canada in the first half of 2021. The Brand Licensing Agreement will put Wildflower CBD products in over 840 cannabis storefronts across Western Canada and Ontario which represents a little better than 8 out of every 10 cannabis retail stores in those jurisdictions.
"There is already a high demand for Wildflower CBD products in Canada," says Krystian Wetulani, President at City Cannabis Co., a wholly-owned subsidiary of Wildflower Brands. "We have customers asking about them almost every day. This addresses a clear gap in the market, with topical products being the most underrepresented category in the market vis-a-vis demand."
Wildflower CBD products have been available in the US since 2016, and have garnered a lot of popularity and attention, even amongst celebrities like Kim Kardashian, who made Wildflower CBD products a fixture at her luxurious CBD Baby Shower in 2019, and Kate Hudson, who called Wildflower's Relief Stick (formerly called the Healing Stick) her favourite CBD product of 2020.
"Rubicon Organics is a perfect partner for us," explains William MacLean, CEO of Wildflower. "They are one of the top organic cultivators in Canada, and their focus on quality is one of the many values shared between our companies."
Tim Roberts, President of Rubicon Organics states "We looked at a number of CBD brands to partner with and Wildflower stood out, not only for its great brand, but for quality of their products. We look forward to working with the Wildflower Team to bring these amazing topicals to the Canadian market."
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) , a leading producer of premium certified organically grown cannabis, announced that it has entered into an agreement with an established chocolatier for a new line of premium organic chocolate to be produced at its Valleyfield site.
As part of its portfolio expansion strategy, TGOD plans to launch a line of premium cannabis-infused chocolates. The new product line will be produced using high-quality Belgian chocolate, organic gourmet ingredients, and infused using RIPPLE's proven fast-acting cannabis technology.
As previously disclosed, considering capacity challenges with third party processing, the Company made the strategic decision to transform its licensed facility located in Valleyfield, Quebec, into a processing hub to support its expanding product portfolio. In doing so, TGOD significantly reduced its reliance on third parties, gained more control over its processing activities, and improved agility and quality control.
The equipment relocation has now been completed, with production of RIPPLE Dissolvable Powders and premium teas expected to restart this month. TGOD has also begun production of concentrates and Ripple Gummies in Valleyfield. Hash should be available for sale at the end of this month under the Company's mainstream brand, Highly Dutch, while Ripple Gummies are planned to launch in the fourth quarter.
"As we conducted a complete review of our operations, we saw the opportunity to leverage Valleyfield and centralize our processing activities for 2.0 products. Not only does it streamline our supply chain and help absorb the fixed costs of maintaining the site, it also makes us more agile and provides us with more control over the development and quality of our products," commented Brian Athaide, CEO of TGOD. "By developing the in-house capabilities to manufacture multiple product lines, we are well positioned to capitalize on the increasing popularity of cannabis derivatives such as beverages, chewables, chocolates, concentrates and teas," added Athaide.
TGOD is currently hiring for several positions to support its production ramp up. The Company is looking for a broad range of profiles, from Process Engineers to Edibles Manufacturing Team Leads to Quality Control Technicians, and more. Interested candidates can submit their application at https://www.tgod.ca/pages/careers.
Once again, today's podcast is sponsored by Cannabis Suisse Corp. (OTC: CSUI ), a fully licensed cannabis cultivation and distribution company in Switzerland, for recreational tobacco products and medical CBD oils. The Company's products are laboratory tested to ensure the end users have access to a standardized, safe and consistent product. Cannabis Suisse Corp. currently sells via a distribution network of Swiss retailers and online shops, under the retail brand Alpine Cannabis.
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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