Point Roberts WA, Delta, BC --
November 7, 2019 -- InvestorsHub NewsWire -- via Investorideas.com, a
leading investor news resource covering cannabis and hemp stocks
releases a snapshot looking at mergers, acquisitions and
partnership agreements in the cannabis industry and how companies
like Real Brands, Inc. (OTC:RLBD)
and other key players are ramping up for the next phase in the
sector.
While the partnership and
acquisition news rush that began at the start of the year may have
slowed over the summer, there seems to be an upturn happening
again. New Frontier
Data, the global authority in data, analytics and
business intelligence and the only Big Data tech solution solely
focused on the cannabis space, shortly after the announcement of
the over USD $10M acquisition of Zefyr, announced
plans to acquire Civilized Worldwide Inc. at the New West Summit
2019.
New Frontier Data COO, Gary Allen
said Tuesday, in a keynote at the Benzinga Cannabis
Capital Conference in Chicago, that “brands must go
further in their marketing and brand
development,''
"We have to do some things in this
industry, just like every other mature market. We have to bank. We
have to standardize. More brands are likely to merge as
legalization continues,” he said, “but they shouldn't unless
there's a viable reason to do so."
As analysts are starting to predict a bottom in the cannabis sector,
companies are preparing for the next wave of
growth.
Real Brands, Inc.
(OTC:RLBD),
recently closed its
previously announced acquisition of the proprietary CBD formulas
from Integrative Medicine US, of Coral Springs, Florida. The
formulas consist of Ancient Chinese and other Ancient Herbal
Remedies that are paired with the latest scientific breakthroughs
in endocannabinoid systems, nutrients and hemp derived
CBD.
“We are pleased to announce the
signing of the definitive agreement to acquire these proprietary
formulas," said Real Brands, Inc. CEO, Jerry Pearring. “Since
completing our audit, earlier this month, we are now focusing on
launching our brands and E-commerce website,” he added. “We are
concluding the final steps in developing our unique packaging
design and formulations for each of our brands: CBD Pharmacy™,
HempAid®, Humboldt Brands® and Omegahemp™. This acquisition
bolsters our efforts to offer consumers innovative CBD products
and, as we previously announced, we intend to use these formulas
for our CBD Pharmacy™ brand and feature the Chinese symbol for
healing in our new logo.”
In addition, as part of this
acquisition, Jonathan Fields, AP DOM, has entered into an agreement
to formulate additional products for Real Brands and become the
initial member of Real Brands, Inc.’s Advisory Board. “I’m pleased
to become a member of the Real Brands team and look forward to
applying my education and ongoing research into traditional eastern
medical therapies to create delivery mechanisms that act
synergistically with CBD,” said Mr. Fields.
Real Brands is led by a strong
management
team, (Jerry Pearring, Chief Executive Officer, David
Failla, Executive Vice President and Peter N. Christos, Chairman),
with decades of experience in consumer products and building very
successful companies from startups to Fortune 50
acquisitions.
The company also recently completed
its PCAOB audited financial statements for the two-year period
ending December 31, 2018.
Real Brands has also built up a
strong relationship
with professional athlete Scott Piercy, World-renowned PGA Tour
Professional Golf Pro. Scott is also coming aboard the Real Brands
Team as a Brand Ambassador, and last month made a further
commitment by making a long-term investment into Real
Brands.
“We are excited to announce Scott
Piercy as a Brand Ambassador for Real Brands," said Jerry Pearring,
CEO of Real Brands, Inc. “The fact is Scott has made a long-term
investment in Real Brands, Inc. that elevates his endorsement
beyond that of just a Brand Ambassador to that of a very
serious-minded individual that believes in the Real Brands business
model and its long-term potential. We are honored to have Scott
join the Real Brands Team and welcome him
aboard.”
“I am proud to join the Real Brands
Team. I have taken the time to get to know the team at Real Brands
and look forward to doing what I can to help grow their
Hemp-Derived CBD brands,” said Mr. Piercy. “I know this will
also be great fun and look forward to doing my part as the team
works together within this rapidly evolving industry to launch the
Company’s unique brands through traditional retail channels, and
its new e-commerce web site launching this year.”
Terra Tech Corp.
(OTC: TRTC),
a vertically integrated, cannabis-focused agriculture company, and
OneQor Pharmaceutical, a privately held over-the-counter
pharmaceutical company focused on developing, patenting, and
delivering proprietary, plant-derived formulations in order to
provide consumers with safer, more effective OTC solutions,
recently
announced that the two companies have entered into an
Agreement and Plan of Merger pursuant to which OneQor will merge
with a wholly owned subsidiary of Terra Tech in an all-stock
transaction. The combined company will focus principally on
emerging pharmaceutical development opportunities for OneQor, while
the operation of Terra Tech's portfolio of THC and agricultural
related assets is expected to continue in the short-term. However,
the combined company desires to list on a national securities
exchange and, as further described below, intends to weigh several
strategic options for the legacy Terra Tech business segments that
may include a spin-off, special dividend, merger or potential sale
among other accretive transactions.
"With our scientific research and
proprietary compounds, combined with Terra Tech's loyal
shareholders, asset management, and corporate governance structure,
we are confident OneQor will be able to positively impact the way
society and big-box retailers approach OTC care. I have known the
Terra Tech team for years and we believe that the alignment with
Terra Tech will make this fundamental vision a reality," said
Matthew Morgan, Chief Executive Officer of
OneQor.
"The cannabis industry is facing
strong headwinds, from both a capital and a regulatory standpoint.
We feel confident that this is the best use of the company's
balance sheet in order to achieve growth and profitable returns for
shareholders," said Derek Peterson, Chief Executive Officer of
Terra Tech.
Aurora Cannabis
Inc. (NYSE: ACB)
(TSX: ACB), a
company who has been making headlines with regards to acquisitions
and partnerships since pre-legalization in Canada, recently
announced adding the award-winning Binske cannabis
brand, from parent company Praetorian Global LLC, and the Alchemist
CBD brand to their growing portfolio of product
lines.
Aurora will license Binske
intellectual property (IP) from Praetorian as part of its first
foray into the Canadian edibles marketplace. Binske joins other
notable brands as Aurora continues its Canadian expansion of
product lines. According to Deloitte, Canada’s edibles market will
be worth CA$1.7B by 2020, with research showing 93% of Canadians
who favor legalization are open to trying
edibles.
Aurora's leadership position extends
beyond cultivation and beyond the Canadian market. The Company is
now active in 25 countries around the world, and has been the
driving force in the development of the global medical cannabis
industry and now the global hemp industry.
Aurora is also conducting a joint
research program with the Ultimate Fighting Championship
on a number of health indications and desired health and wellness
outcomes that are of importance not just for mixed martial arts
("MMA") athletes but for any level of athlete across any sport. The
study will focus on the efficacy of hemp-derived cannabidiol (CBD)
therapies, as well as on identifying optimal dosage via a variety
of delivery mechanisms.
Currently, Aurora and the UFC are in
the final stages of preparing an athlete intake survey for
submission to an Independent Review Board, which will engage UFC
athletes at the Performance Institute in Las Vegas. Simultaneously,
Aurora is developing the formulations and clinical trial protocols
for the first pilot interventional study which is focused on pain
and inflammation. Upon completion of the studies, Aurora intends to
develop new products for the medical and wellness markets under the
new brand, ROAR Sports, which stands for research on accelerated
recovery.
Aurora has a broad partnership
portfolio of cannabis and cannabis-adjacent businesses which all
provide valuable strategic benefits to Aurora. The benefits include
retail footprint and customer insights, product
technology/intellectual property, and operational or cost
advantages. The list of current portfolio includes includes Alcanna
Inc., Australis Capital Inc., Capcium Inc., Choom Holdings Inc.,
CTT Pharmaceutical Holdings Inc., EnWave Corporation, High Tide
Inc., Micron Waste Technologies Inc. and Radient Technologies
Inc.
Aphria Inc.
(TSX: APHA)
(NYSE: APHA)
recently
issued the following statement in regards to Aleafia
Health Inc.’s termination of the Company’s wholesale cannabis
supply agreement with Emblem Corp.:
“We are disappointed that Aleafia
has chosen to terminate its Agreement with Aphria Inc. The Company
had every intention of fulfilling its obligations under the
Agreement. As a large shareholder of Aleafia, Aphria made good
faith efforts to ensure continuation of the Agreement understanding
it was in the best interest of all parties involved. However, the
termination of this legacy Agreement frees up significant supply
allowing the Company to service its brands that are in high-demand
across the country.”
The company also announced
completing the implementation of the Cloud ERP solution from
Rootstock Software, a leading provider of cloud Enterprise Resource
Planning (ERP) solutions designed for manufacturing, distribution
and supply chain organizations. Aphria simultaneously implemented
ComplianceQuest’s Enterprise Quality Management System (EQMS) to
support quality management processes in today’s highly regulated
cannabis industry.
Aphria is a Canadian cannabis
company listed on both the Toronto and New York Stock Exchange, and
is one of the largest cannabis companies in the world. In Canada,
cannabis is legal for both recreational and medicinal purposes. The
country’s federal Cannabis Act went into effect in October 2018,
making Canada the second country in the world to legalize cannabis
and the first G7 nation (the seven largest, most advanced economies
in the world) to do so.
Rootstock’s Cloud ERP meets all of
the requirements of the cannabis industry. As a comprehensive ERP
solution, it includes order processing, production management,
supply chain management, lot and serial number trackability and
traceability, compliance reporting, costing and financial
management.
These announcements were followed by
the company reporting
profitable results for the first quarter ended August 31,
2019.
“We are pleased to report a second
consecutive quarter of profitable growth with strong contribution
from our Canadian cannabis operations. Our success was also driven
by our international business and the strength and growth of our
brands, particularly Broken Coast, despite a small fire at our
British Columbia facility at the end of the quarter. This solid
start to the year keeps us on track to achieve our fiscal year 2020
financial outlook,” stated Irwin D. Simon, Interim CEO of Aphria
Inc.
“Going forward, we remain focused on
our highest-return priorities both in Canada and internationally as
our team furthers the development of our medical and adult-use
cannabis brands to drive growth through innovation and return value
to shareholders.”
As the cannabis industry continues
to experience the impact of market fluctuation and changing
regulations, many companies are starting to see the benefit of
working together, either through strategic partnerships or
acquisitions, in order to maintain shareholder confidence and
prepare for the predicted global cannabis revolution. For
the times they are a-changin'
About Investorideas.com - News that Inspires Big
Investing Ideas Investorideas.com is a recognized news source
publishing third party news, research and original financial
content. Learn about investing in stocks and sector trends with our
news alerts, articles, podcasts
and videos, looking at cannabis,
crypto, AI and IoT, mining, sports biotech, water, renewable energy
and more. Investor Idea’s original branded content includes the
following podcasts and columns :Crypto Corner
, Play by Play
sports and stock news
column, Investor Ideas
Potcasts Cannabis News and
Stocks on the Move podcast and column, Cleantech and Climate
Change, Exploring
Mining the AI Eye
.
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. Disclosure: this news article featuring
OTC: RLBD is a paid for news release on Investorideas.com – third
party (two thousand) 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
Follow us on Social
Media
https://www.facebook.com/Investorideaspotcasts/
https://twitter.com/MJInvestorIdeas
https://www.instagram.com/potcasts_investorideas/
Download our Mobile
App for iPhone and Android
Contact
Investorideas.com
800-665-0411
Real Brands (CE) (USOTC:RLBD)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
Real Brands (CE) (USOTC:RLBD)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024