News

Investor Ideas Potcasts #569, Cannabis News and Stocks on the Move; (NASDAQ: ACB) (TSX: ACB) (CSE: AAWH.U) (CSE: HARV) (OTCQX: HRVSF) (TSXV: NOVC)

Delta, Kelowna, BC – May 26, 2021 (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:

https://www.investorideas.com/Audio/Podcasts/2021/052621-StocksToWatch.mp3

Investor Ideas Potcasts #569, Cannabis News and Stocks on the Move; (NASDAQ: ACB) (TSX: ACB) (CSE: AAWH.U) (CSE: HARV) (OTCQX: HRVSF) (TSXV: NOVC)

SHARE PODCAST:

Hear Investor ideas cannabis potcast on iTunes

Hear the investor ideas potcast on Spotify

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 company announcements.

Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced that it has completed the transfer of its stock exchange listing to The Nasdaq Global Select Market (“Nasdaq”) from the New York Stock Exchange (“NYSE”) after the market close on Monday.

The Company’s common stock began trading as a Nasdaq-listed security at market open on May 25, 2021 and will continue to be listed under the ticker symbol “ACB.” This transition does not impact the Company’s primary listing on the Toronto Stock Exchange (TSX: ACB). Aurora shareholders DO NOT need to take any further action.

Transfering the listing to the Nasdaq is part of Aurora’s recently announced cost efficiency initiatives and aligns the Company with other cannabis peers on an exchange known for innovative and growth-oriented companies.

The last day of trading of the Company’s common stock on NYSE was May 24, 2021.

Harvest Health & Recreation Inc. (CSE: HARV) (OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the opening of a new medical dispensary in York, Pennsylvania.

Harvest of York is located at 2300 E Market St, York and is open Monday through Saturday from 9:00 am to 8:00 pm and Sunday from 10:00 am to 6:00 pm. Additional Harvest dispensaries in Pennsylvania are located in Camp Hill, Cranberry Township, Harrisburg, Johnstown, King of Prussia, Reading (two locations), Scranton, and Whitehall.

“We are excited to open our tenth Harvest-affiliated location in Pennsylvania, one of the fastest growing medical markets in the U.S.” said Chief Executive Officer Steve White. “We look forward to serving patients and providing quality products at this new location in one of our core markets.”

Ascend Wellness Holdings, Inc. (CSE: AAWH.U), a multi-state, vertically integrated cannabis operator, and Edie Parker, a luxury fashion brand known for its vintage-inspired clutches and handbags, today announced an exclusive wholesale licensing agreement to bring the most coveted products from Edie Parker’s sister brand, Flower by Edie Parker, to AWH retail locations in Illinois and Massachusetts.

The agreement will allow AWH to produce Flower by Edie Parker pre-rolls for sale at AWH’s retail locations in two cannabis markets expected to nearly triple in size between 2020 and 2022, according to data from CB Insights and state reports. Flower by Edie Parker first expanded beyond California earlier this year with the launch of sales in Colorado, their presence now spanning four states with the addition of Illinois and Massachusetts. This agreement reinforces AWH’s position as an industry-leading operator on the forefront of bringing popular West Coast brands to Midwest and East Coast markets.

“Edie Parker is a nationally-recognized, celebrity-backed brand and we’re thrilled to bring products from its cannabis-centric sister brand, Flower by Edie Parker, to our consumers in the Midwest and East Coast,” said Abner Kurtin, Chief Executive Officer of AWH. “This partnership provides Ascend with a unique opportunity to expand key product categories such as pre-rolls and target the rapidly growing female consumer sector. We are continuously working to diversify our Ozone offering and meet the distinct preferences of all consumer segments, and we’re delighted to introduce a female-focused brand to our Midwest and East Coast clientele.”

“Partnering with AWH allows us to bring our line of attractive and considered cannabis products to new audiences and empower even more modern consumers to openly celebrate the role that cannabis plays in their lives,” added Brett Heyman, Founder and Creative Director of Flower by Edie Parker. “As an East Coast resident, I’m proud to finally share Edie Parker’s distinct product line with my own community of cannabis enthusiasts.”

AWH and Edie Parker are eager to provide the market’s sophisticated, fashion-forward female cannabis consumer segment with an ultra-luxury brand and product line that caters to their interests. The female demographic now represents the fastest-growing consumer segment in the cannabis industry despite being underserved by the market. Women accounted for only 35% of legal cannabis sales in 2019, but their market share increased 1.6% year-over-year to 36.6% in 2020. The arrival of Flower by Edie Parker products to AWH retail locations will help meet the growing demand for female-centric brands and products to better serve female consumer demographics.

Nova Cannabis Inc. (TSXV: NOVC), announced today that it has been added to the Cannabis ETF (NYSE: THCX), an exchange traded fund listed on the NYSE Arca.

“As a newly listed company, Nova’s inclusion in the THCX is a strong validation of our business strategy and unique, focused position within the retail cannabis landscape,” said Darren Karasiuk, CEO of Nova. “We are excited that through the THCX ETF, more US and international investors will gain exposure to our strategy, which is purpose-built to disrupt cannabis retail in Canada by delivering an unparalleled value proposition to the high-volume, value-conscious consumers that makes up the majority of the cannabis marketplace.”

Nova is one of Canada’s largest and fastest growing cannabis retailers with a goal to disrupt the cannabis retail market by offering a wide range of high-quality cannabis products at every-day best value prices. The Company currently operates more than 55 locations across Alberta, Ontario, and Saskatchewan primarily under its Value Buds and Nova Cannabis banners. The Company is majority owned by Alcanna Inc. (TSX: CLIQ).

The THCX tracks the Innovation Labs Cannabis Index, a portfolio of 33 stocks that are expected to benefit from the growth of the legal global marijuana, cannabidiol (“CBD”) and hemp industries. Nova’s inclusion in the index is part of THCX’s further expansion into various cannabis sub-themes, including Nova Cannabis’ unique value-focused retail position. At the core of Nova’s strategy is the recognition that inside the four walls of a retail store is the only place where brands will be built and the unparalleled value and prominence that brings to the retail sector of the cannabis market.

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.

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash and others.

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

The Investorideas.com podcasts are also available on iTunes (Apple Podcasts), Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

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 publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns: Crypto Corner, Play by Play sports and stock news, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast, Cleantech and Climate Change, Exploring Mining, Betting on Gaming Stocks Podcast and the AI Eye Podcast.

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

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

Learn more about sponsoring this podcast or be a guest and our other branded content opportunities at Investorideas.com

Follow us on Cannabis Social Media

https://www.facebook.com/Investorideaspotcasts/

https://twitter.com/MJInvestorIdeas

https://www.instagram.com/investorideas_potcast/

Download our Mobile App for iPhone and Android

Contact Investorideas.com

800-665-0411

Buy a cannabis guest post on Investorideas.com

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News

Next Article:

0 %