December 11, 2018
Delta, Kelowna, BC - December 11, 2018 (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 and its exclusive content partner, CLS Holdings USA, Inc. (OTCQB: CLSH), release today's edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
CLS Holdings USA, Inc. (OTCQB: CLSH) is a diversified cannabis company operating as Cannabis Life Sciences an integrated cannabis producer and retailer in Nevada through its Oasis Cannabis subsidiaries with plans to expand into other States.
Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (OTCQB: $CLSH) (TSXV: $KHRN.V) (TSXV: $HIP.V)
Today's podcast overview/transcript:
Good afternoon, welcome to another Investorideas.com "potcast", featuring stocks to watch, cannabis news as well as insights from thought leaders and experts.
Today we're looking at announcements from CLS Holdings USA Inc. (OTCQB: CLSH), Province Brands of Canada, Khiron Life Sciences Corp. (TSXV: KHRN), (OTCQB: KHRNF) and Newstrike Brands Ltd. (TSX-V:HIP).
CLS Holdings USA, Inc. announced that the company has obtained a receipt for its final long form prospectus filed with the securities regulatory authorities in the Provinces of Alberta, Manitoba, British Columbia and Ontario and has been granted conditional approval by the Canadian Securities Exchange (the "CSE") to list the common stock in the capital of CLS on the CSE under the ticker symbol "CLSH".
Jeff Binder, Co-Founder, Chairman and CEO of CLS stated, "This is a truly exciting development for the company as it opens CLS to a new and expanded audience of potential shareholders. The company worked extremely hard to obtain this receipt and conditional listing and we are pleased with the outcome."
Province Brands of Canada - the Canadian company developing the world's first beers brewed from the cannabis plant, including non-alcoholic beers which intoxicate using THC and other phytocannabinoids (to be released only when and where the sale of marijuana beverages is permitted by law), and Cambridge Bay Imperial Pilsner, a first-of-its-kind, 7% ABV imperial pilsner brewed from hemp in place of barley (which contains no marijuana and is regulated as an alcohol product) - has signeda Memorandum of Understanding (MOU) for the Caribbean distribution of its products with Ayre Resorts, a new collection of five-star properties opening its first resort in Antigua in 2021.
Under the MOU, Ayre Resorts will have the right to distribute products in jurisdictions where the sale of such products is permitted by all relevant federal and local laws. To the extent that such products are to be imported (as opposed to produced locally by Ayre Resorts under Province Brands' supervision), Ayre Resorts must also demonstrate that export is allowed by the exporting country, and that any such shipment does not violate international law. At present, only Cambridge Bay, Province Brands of Canada's 7% ABV imperial pilsner brewed from hemp in place of barley, would qualify for distribution under these restrictions. Should various Caribbean countries change their laws in the future, Ayre Resorts will also be entitled to distribute Province Brands of Canada's non-alcoholic beers brewed from cannabis which intoxicate using THC and other phytocannabinoids in such countries.
The agreement provides Ayre Resorts with exclusive Caribbean distribution rights to all beverage and food products commercialized or developed by Province Brands of Canada. Ayre's rights under this agreement are not limited to distributing only Province Brands' products in their resorts, but it is the intention of the parties that Province Brands' beers will be prominently featured in all Ayre Resorts properties.
Khiron Life Sciences Corp., an integrated medical cannabis company with its core operations in Colombia, announced that it has signed an endorsement agreement with the highly respected and influential Colombian Association for the Study of Pain (ACED). In endorsing Khiron's patient-focused approach to medical cannabis research and product development, ACED has committed to partnering with the Company on a schedule of patient and physician education programs, modules and events.
Formed as a chapter of the Washington, D.C.-based International Association for the Study of Pain (IASP), ACED is a 300-member interdisciplinary association of physicians whose goal is to study and harmonize all aspects of the research, diagnosis and treatment of pain in Colombia, under the guidelines of the International Association.
Khiron will collaborate with ACED to advance physician education and knowledge about safe and effective pain treatments for patients. This includes exploring opportunities for joint continuing education efforts for doctors, the organization of international congresses, regional and satellite professional development courses, and functional integration with other scientific societies throughout Colombia and Latin America.
Newstrike Brands Ltd. announced that it has completed its previously-announced transaction with Peter Neal and Chris Neal and their company, Neal Brothers Inc. to create a co-branded specialty food products company to develop, market and sell cannabis edibles. Newstrike has also completed its transaction to acquire a minority interest in Neal Brothers, pursuant to a share purchase agreement.
"We're excited to be putting our capabilities together to develop innovative products that enhance both our brands and build long-lasting value in the market," said Jay Wilgar, CEO of Newstrike.
"Adult-use legalized cannabis is just getting started in Canada and we have an ideal partner in Newstrike to develop this opportunity together and unlock the potential for cannabis edibles," said Peter Neal, President and Co-founder, Neal Brothers.
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