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Investor Ideas Potcasts #595, Cannabis News and Stocks on the Move; (TSXV: KHRN) (OTCQX: KHRNF), (TSX: FAF) (OTCQX: FFLWF), (CSE: AYUR)

Delta, Kelowna, BC – August 11, 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.

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https://www.investorideas.com/Audio/Podcasts/2021/081121-StocksToWatch.mp3

Investor Ideas Potcasts #596, Cannabis News and Stocks on the Move; (TSXV: KHRN) (OTCQX: KHRNF), (TSX: FAF) (OTCQX: FFLWF), (CSE: AYUR)

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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 and private company announcements.

Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF), a vertically integrated medical cannabis leader with core operations in Latin America and Europe, announced the release of its inaugural Environmental, Social and Governance (ESG) report, which captures the period between January 1, 2020 and December 31, 2020.

Showcasing the Company’s commitment to improving environmental practices, along with the lives of patients, employees, local communities, shareholders and other stakeholders, the report outlines actions and initiatives undertaken in 2020 to strengthen ESG practices throughout the Company’s operations and supply chain, along with Khiron’s goals for 2021 and 2022. The report adheres to Global Reporting Initiative (GRI) Standards and reflects the alignment of the Company’s goals with the United Nations Sustainable Development Goals.

“At Khiron, sustainability is embedded in our DNA, with the common belief that strong ESG policies improve performance, loyalty, and innovation, while reducing corporate risks and capital costs. Our inaugural ESG report demonstrates our dedication to strong environmental, social and governance principles as we deliver on our Mission of improving lives through cannabis. I am proud of how our team rose to the challenges of 2020, achieving incredible milestones in an unprecedented year,” comments Alvaro Torres, CEO and Director.

Alvaro Torres, continues, “Increasingly, institutional investors are using ESG principles to guide investment decisions, and as one of the first global cannabis companies to publish an ESG report, we have achieved another corporate milestone that distinguishes us as an industry leader and market disruptor. We have set ambitious ESG goals for the next two years and I am confident our team will deliver on these objectives.”

2020 ESG Highlights

  • Conducted initial identification and assessment of material environmental, social, economic and governance issues, resulting in the identification and prioritization of 10 overarching goals in alignment with United Nations Sustainable Development Goals.
  • Identified eight key stakeholder groups impacted or influenced by the Company, including shareholders, employees, patients, clients, local communities, the environment, suppliers, and government.
  • Commissioned solar park to reduce energy consumption at production facility by up to 40%, while implementing initiatives to measure and reduce consumption of resources, including energy, water, and materials.
  • Supported local communities during COVID-19 crisis by donating COVID-19 PCR testing equipment to the Santa Clara Hospital in Bogota; in addition, provided nutritional kits to vulnerable families, essential medical supplies to local hospitals, and COVID-19 training and support to community health care practitioner.
  • Secured 88% of production supplies from local suppliers and employed 74% local residents at the Company’s production facility.
  • Had a positive impact on local communities, with 61% of surveyed residents indicating that the Company has had positive impact on the community.
  • Achieved wage parity between men and women in the Company’s workforce, while fostering a diverse and inclusive workplace.
  • Promoted culture of compliance and robust corporate security; improved voluntary incident reporting by over 135x, conducted over 35 employee training sessions related to the Company’s ESG goals, and had no regulatory infractions.
  • Leveraged a culture of innovation and adaptability, pivoting quickly in response to the COVID-19 crisis, rapidly developing telemedicine channels, managing supply chain to ensure patients received medications and reprioritizing capital.

In 2020, global sustainable funds attracted more than $150 billion in fund flows with COVID-19 serving as a catalyst for sustainability investing (Source: Morningstar). Additionally, according to RBC Global Asset Managements’ Responsible Investment Survey 2019, 70% of institutional investors surveyed use ESG principles when they invest. The top 3 reasons to apply ESG principles when investing were cited as (1) lower risks, (2) improved returns, and (3) acting in clients’ interests.

Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced that its strategic licensing partner, “American Acres Managers’ ‘, has officially changed its name to “Fire & Flower U.S. Holdings” and has opened its first Fire & Flower branded store in Palm Springs, California located at 4810 E Camino Parocela, Palm Springs, California.

Fire & Flower announced its strategic entry into the U.S. cannabis market in February 2021 when it signed a licensing agreement with American Acres to license its Fire & Flower brand, store operating system and Hifyre(TM) technology platform for dispensaries in California, Arizona and Nevada. Through this licensing arrangement, American Acres is expanding Fire & Flower’s retail footprint in the U.S. with the rollout of new Fire & Flower stores in targeted, high-growth markets to deliver best-in-class technology and retail functionality to U.S. cannabis consumers.

“We have reached a significant milestone for our Company as we have officially planted our roots in the U.S. cannabis market through our strategic partner, American Acres,” stated Trevor Fencott, Chief Executive Officer of Fire & Flower. “Our Hifyre cannabis digital retail and analytics platform has propelled our growth and leadership position in Canada allowing us to successfully capture consumer buying behaviors and apply predictive and real-time analytics unlike any of our competitors. As we have continued to demonstrate the value of our technology through the rapid expansion of our multi-banner retail network of over 85 stores throughout Canada, the expansion of our brand and technology into the U.S. is the next step in our evolution. We are pleased to now be delivering the same omni-channel, convenience-oriented cannabis retail experience to U.S. consumers and pave the way for the future of cannabis retail in the U.S as legislation continues to develop.”

In connection with the entering into of the licensing agreement with American Acres, Fire & Flower received an option exercisable to acquire American Acres at a discount to fair market value. The acquisition is anticipated to occur upon the federal legalization of adult-use cannabis in the United States or when otherwise permitted by the policies of the Toronto Stock Exchange or any other stock exchange on which the Company’s securities are listed for trading.

Ayurcann Holdings Corp. (CSE: AYUR), a Canadian extraction company specializing in the processing of cannabis and hemp to produce oils and various derivative products, announced that it has entered into a manufacturing and distribution agreement with Innocan Pharma Corporation (“Innocan”), an Israel-based, pharmaceutical tech company focused on the development of several drug delivery platforms combining CBD.

The agreement will see Ayurcann manufacture Innocan’s CBD Topical products consisting of its Relief and Go and SHIR(TM) Beauty skin care collections. Ayurcann will also act as the exclusive Canadian distributor for the products, and will pay royalties to Innocan based on net sales of the products sold by Ayurcann into the Canadian recreational and medical cannabis markets. The agreement is subject to Health Canada approval.

“Ayurcann is excited for the opportunity to manufacture and introduce Innocan’s SHIR Beauty and skin care line as well their Relief & Go topical products in Canada. We believe that Innocan’s patent-pending, CBD-integrated products will be some of the highest quality CBD products to enter the market to date. The pharmaceutical expertise of Innocan together with Ayurcann’s large extraction capacity and manufacturing capabilities will be combined to bring top of the line products to market at scale and price points that will allow for wide market access. This Agreement also positions both companies for CBD deregulation, allowing Ayurcann and Innocan’s CBD products to be further scaled through national retailers at such time,” says CEO of Ayurcann, Igal Sudman.

“InnoCan is looking forward to selling its unique line of products in Canada in collaboration with Ayurcann,” said Iris Bincovich, InnoCan’s CEO and a member of Ayurcann’s advisory board. “The market opportunity in Canada is unique as Canada was one of the early adaptors of CBD usage and potential customers in Canada are knowledgeable about the benefits offered by CBD. We expect InnoCan’s product to be accepted by the market, as it appreciates the high efficacy of CBD products.”

Superette today opened Sip ‘N’ Smoke, a first of its kind “express” cannabis retail concept located in Toronto’s Trinity-Bellwoods park. Once again completely reimagining the existing cannabis retail experience, Superette’s Sip ‘N’ Smoke is a 690 sq ft kiosk serving only pre-rolls and infused beverages that are meant to be enjoyed at the park. Superette Bellwoods’ walk-up location and cafeteria-style shopping experience pushes the boundaries to demonstrate true innovation in customer journey, product curation, and retail principles for an easy-access, smaller-footprint cannabis shop.

Superette Bellwoods’ parkside grab-n-go express concept takes inspiration from European outdoor kiosks known as Trinkhalle, along with classic corner and convenience stores. Sip ‘N’ Smoke features all the hallmarks of Superette’s nostalgic retail environments, featuring a sunny colour palette and old-school white and yellow checkerboard tile floor as a tribute to beloved convenience store brands. The first dispensary to have an intentionally narrow product focus, Bellwoods Sip ‘N’ Smoke exclusively sells a curated selection of ready-to-consume pre-rolls and beverages. Staying true to the convenience store concept, Sip ‘N’ Smoke does not have a menu. Instead, customers pick up a tray and head down the line – inspired by the easy flow of a cafeteria – shopping with their eyes while guided by a budtender. In addition to the hyper-focused cannabis product offering, customers can pick up other park-ready lifestyle items including portable speakers, blankets, bottle openers and totes from Superette’s cult-followed product line to enjoy in the park.

“We’re thrilled to finally be opening our doors in one of the most iconic spots in the city, despite the steady influx of cannabis shops in the neighbourhood. It was important for Superette to show up in a way that is uniquely ourselves. Welcome to Sip ‘N’ Smoke, the perfect parkside shop” commented Mimi Lam, Chief Executive Officer.

Since its inception, Superette’s award winning design stands out in an increasingly saturated market by incorporating hyperlocal elements and building connections with their local community. Superette Bellwoods’ Super Slots machine and their signature Munchie Phone, which for Bellwoods is a direct line to beloved neighbouring Lambo’s Deli, all round out Sip ‘N Smoke’s quintessential Superette retail experience. For the next two weeks, Superette has created a limited edition special with Lambo’s to serve a “Superette Super Stack” Sandwich to satisfy all your post-visit cravings. Bellwoods’ Sip ‘N’ Smoke marks the first of the brand’s new innovative retail concepts, which include upcoming locations at Toronto’s Stackt Market featuring Superette’s new SuperMarket concept, as well as an upcoming Superette SnackBar, SuperStop and more.

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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