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> Dow Jones Newswires
(HRVOF HVT.V IONC.L POT.L) Move Over Craft Beer and Coffee, Cannabis Beverages Are The Next Big Thing -- CFN Media
9:02 AM ET 5/2/19 | Dow Jones
Seattle, Washington--(Newsfile Corp. - May 2, 2019) - CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces the publication of an article covering the exciting and emerging cannabis beverage market. The craft beer industry has experienced unprecedented growth across the United States with more than 7,000 microbreweries generating upwards of $26 billion in annual revenue, according to Statista. While these beers account for just over 10% of beer sales, those figures jump to nearly 60% when looking at the Millennial population. These same trends exist in other craft markets, such as the market for high-end coffees and teas.
The legalization of cannabis has the potential to dramatically reshape these markets. In recreational markets, such as craft beers, the infusion of tetrahydrocannabinol (THC) could create new experiences for consumers without the adverse side-effects of alcohol consumption. In wellness markets, such as craft teas, the infusion of cannabidiol (CBD) could provide a wide range of potential added benefits to support healthier lifestyles.
The cannabis industry is projected to surpass $146.4 billion by 2025, according to Grand View Research, driven by the liberalization of cannabis regulations around the world. While most of this growth has come from cannabis flower, there's no doubt that cannabis oils and concentrates are the fastest growing subset of the market. And, cannabis beverages could become the fastest growing subset of that concentrates market in short order.
Zenith Global believes that cannabis-infused beverages could become a $1.4 billion market by 2023-up from just $89 million last year. Cannabis infused beers and teas are just the beginning-THC and CBD are being infused into sodas, ciders, wines, spirits and even bottled water with concentrations ranging from 2.5 milligrams to more than 100 milligrams. Many of these products are already on the market in the United States where legal.
Growing Interest in the Space
Many large beer companies were unprepared for the rise of craft beer, but beverage giants aren't about to make the same mistake with cannabis. While the alcohol industry has already made sizable investments and inroads into the industry, non-alcoholic beverage companies are increasingly taking a look at CBD-infused products as a way to target the rapidly growing functional beverage subset of the market.
Coca-Cola Co. was rumored to be in talks to acquire a line of CBD-infused beverages in the recent past. While the company decided to hold off for now, the decision to remove hemp from the Controlled Substances list could open the door once again. Hemp-based CBDs could enjoy more widespread adoption without these onerous regulations and ultimately open the door to more mainstream availability.
On the recreational side of the business, Constellation Brands Inc. invested more than $4 billion into Canopy Growth Corp. in exchange for a 38% equity stake with warrants capable of bringing the total to more than 50%. Molson Coors Brewing Co. and Heineken NV also made strategic acquisitions and partnerships in the emerging cannabis space ahead of these trends.
Investing in Cannabis Beverages
There are many different companies focused on cannabis-infused beverages for both recreational and wellness purposes.
Weekend Unlimited Inc. (CSE: POT) (FSE: 0OS1)(OTCQB: WKULF) acquired Verve Beverage Company earlier this year to enter the emerging cannabis-infused beverage space. In addition to Verve Energy, the Company has developed a premium CBD infused energy drink line under the CHAMP brand, which will be targeted to active audiences. In alignment with those audiences CHAMP Energy is the official energy drink of the San Jose Sharks. Verve energy has strong brand awareness with previous widespread distribution across North America that generated $236 million in direct-to-consumer sales. The portfolio's market recognition and positioning could provide a durable competitive advantage in the lucrative functional beverage space.
Last year Harvest One Cannabis Inc. (TSXV: HVT) (OTCQX: HRVOF) acquired Dream Water and Dream Water Canada, which has developed a natural, 2.5oz, 0-calorie, liquid sleep shot that's sold online and in over 30,000 North American retail outlets including Shoppers Drug Mart, Walmart and Kroger. The company has already begun formulation work on a CBD-infused version of the product that's designed to promote a wide range of potential benefits, such as pain relief and anti-anxiety effects. These products would leverage the same distribution channels that already exist.
Please click here to receive an investor deck and corporate updates on Harvest One Cannabis Inc.
Ionic Brands Corp. (CSE: IONC) recently entered the cannabis-infused beverage space with two highly sought-after coffee and tea patents. The two patents enable the production of ISO-certified products that are tasteless, 100% water soluble, and capable of hosting THC and CBD compounds. These attributes are ideal for the craft coffee and tea market, which already generate billions in annual sales around the world. Single-serve coffee could be an especially compelling target for companies in the space.
What's Next?
Cannabis-infused beverages are likely to experience significant growth over the coming years. With many new startups entering the space, there's a significant opportunity for investors to capitalize on these growth rates as many larger companies begin to look more closely at acquisitions and partnership deals in the space. These could become major catalysts for investors over the coming quarters.
Please follow the link to read the full article: https://www.cannabisfn.com/move-over-craft-beer-and-coffee-cannabis-beverages-are-the-next-big-thing...
About CFN Media
For Visitors and Viewers
CFN Media's Cannabis Financial Network (CannabisFN.com) is the destination for savvy investors and business people profiting from the worldwide cannabis industry. Viewers will see breaking news, exclusive content and original programming involving the people, companies and investments shaping the industry.
For Cannabis Businesses & Companies
CFN Media is a leading agency and financial media network dedicated to the cannabis industry. We help private, pre-public and public cannabis companies in the US and Canada attract capital, investors and media attention.
Our powerful digital media and distribution platform conveys a company's message and value proposition directly to accredited and retail investors and national media active in the North American cannabis markets.
Since 2013, CFN Media has enabled the world's preeminent cannabis companies to thrive in the capital and public markets.
Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44487
> Dow Jones Newswires
May 02, 2019 09:02 ET (13:02 GMT)
The Delivra Information Circular, Notice, Proxies and Letter of Transmittal is being mailed to shareholders (May 1st).
The Shareholder Meeting will be held on May 24th at 10 a.m.
" Soon .30 price target WE PAID FOR ! " sylvestor the accredited investor
Thanks for letting me know the train was leaving manslap. Jumped on board today. Like the high margins they are achieving growing premium craft cannabis. Most LP's aren't even close to 53% margins. Also like all the supply agreements for multiple products throughout North America & Internationally.
The partnership with Valens was a smart move to speed up time to market for Harvest One branded products come October. Once they start selling Royal High branded vape fluid, and other concentrates revenues should take off. Solid management. Well funded. I'm in & adding on the dips. Always IMHO GLTA
Harvest One Completes First Shipment to Shoppers Drug Mart
March 21, 2019 – Vancouver, British Columbia – Harvest One Cannabis Inc. ("Harvest One" or the "Company") (TSXV: HVT; OTCQX: HRVOF), through it’s wholly-owned subsidiary United Greeneries Ltd. (“United Greeneries”), today announced that it has completed its first shipment to Shoppers Drug Mart of Satipharm branded cannabis.
Satipharm branded cannabis is now available for purchase on the Shoppers Drug Mart cannabis web portal.
In this first shipment under the terms of the supply agreement announced on Monday March 18th, Harvest One through United Greeneries has provided Shoppers with SatiSilver™ (Great White Shark) with a moderate THC content, and SatiGreen™ (CBD Tonic) with a 1:1 ratio of THC:CBD .
“We have an incredibly dedicated and driven team at Harvest One who are all focused on execution of the strategy of being a leading health, wellness, and self-care company in the cannabis sector” said Grant Froese, CEO of Harvest One. “Just days after announcing our supply agreement with Shoppers Drug Mart, we are proud to see that our product is already available for medical consumers. Harvest One continues to focus on execution of our previously announced plans from construction of facilities, launching new products, and completing our pending transaction with Delivra™ which will bring more brands and products into our portfolio across Canada and around the world” he added.
ABOUT HARVEST ONE CANNABIS INC.
Harvest One is a global cannabis company that develops and provides innovative lifestyle and wellness products to consumers and patients in regulated markets around the world. The Company's range of lifestyle solutions is designed to enhance quality of life. Shareholders have significant exposure to the entire cannabis value chain through three wholly-owned subsidiaries: United Greeneries, a Licensed Producer; Satipharm (medical and nutraceutical); and Dream Water Global (consumer), and a minority interest in Burb Cannabis (retail operations). For more information, please visit www.harvestone.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The forward-looking information contained in this press release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accept responsibility for the adequacy or accuracy of this release.
For More Information:
Colin Clancy
Investor Relations
cclancy@harvestone.com
1-877-915-7934
Will Stewart
Senior Vice President, Corporate and Public Affairs
WStewart@HarvestOne.com
416-899-9422
Harvest One Announces Supply Agreement with Shoppers Drug Mart Launch of Satipharm branded cannabis in Canada
March 18, 2019 – Vancouver, British Columbia – Harvest One Cannabis Inc. ("Harvest One" or the "Company") (TSXV: HVT; OTCQX: HRVOF), through it’s wholly-owned subsidiary United Greeneries Ltd. (“United Greeneries”) today announced that it has entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart.
Under the terms of the agreement, Harvest One will supply Shoppers Drug Mart with Satipharm branded medical cannabis products. The products will be sold online, as Canadian regulations restrict the sale of medical cannabis in retail pharmacies.
This marks the first time that Satipharm branded cannabis will be available for purchase. Working in conjunction with Shoppers Drug Mart in an effort to help consumers make specific, educated decisions about their purchases, Satipharm will be available in a continuum of products, each colour coded to indicate their place on the progression from the high THC of SatiWhite™ to the high CBD of SatiPurple™. At launch, United Greeneries will produce and ship an Indica variety of SatiSilver™ and a hybrid variety of SatiGreen™.
figure 1
“We are incredibly proud to be working with Shoppers Drug Mart to supply them with our premium, indoor grown cannabis under the Satipharm health and wellness brand” said Grant Froese, CEO of Harvest One. “We see this supply agreement as a further step towards fulfilling our vision of being a vertically integrated house of brands in the cannabis health, wellness, and self-care sector. We continue to expand our capacity to support our growing brand portfolio which includes our recently announced transaction with Delivra as well as our existing brands Dream Water, Satipharm, Royal High, and Captain’s Choice” he added.
figure 2
ABOUT HARVEST ONE CANNABIS INC.
Harvest One is a global cannabis company that develops and provides innovative lifestyle and wellness products to consumers and patients in regulated markets around the world. The Company's range of lifestyle solutions is designed to enhance quality of life. Shareholders have significant exposure to the entire cannabis value chain through three wholly-owned subsidiaries: United Greeneries, a Licensed Producer; Satipharm (medical and nutraceutical); and Dream Water Global (consumer), and a minority interest in Burb Cannabis (retail operations). For more information, please visit www.harvestone.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The forward-looking information contained in this press release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accept responsibility for the adequacy or accuracy of this release.
For More Information:
Colin Clancy
Investor Relations
cclancy@harvestone.com
1-877-915-7934
Will Stewart
Senior Vice President, Corporate and Public Affairs
WStewart@HarvestOne.com
416-899-9422
I also love you you sweet thing you HRVOF
I can't believe this Harvest One board has so few posts. That will change shortly. Nice move that last 2 days with volume. It is about to get noticed.
HVT.V entered with a 1.40 target!!
Have you see the seeking alpha article about this company
It is mega awesome buddy
5$ +++ see you there ;0)
I am so much in love with this company my friend ;) got a nice position in HRVOF and HVT.V and thinking about to buy warrants on HVT.V because the price still at a beautiful price and if the stocks HVT.v explode then the warrants will too and so crazy :) and added more today again on both stock, it is some money i do place for me for a long term because i am sure this year or next year this stock will be 5$ so undervalued
So happy i found this winders company
Take care buddy :)
we will see you then at the party horizon!
Jumped in last week. DVA as well.
Very nice strategic acquisition to take place here
Let’s rock!
very nice seeking alpha article:
https://seekingalpha.com/article/4248236-harvest-one-cannabis-highly-undervalued-cannabis-stock
It's all good news with Harvest One and more to come
Hahahahha my friend you missed some really good news ;)))
Thats one thing the Canadians do right. If a company in in the midst of a merger or takeover trading is halted until either the deal is consummated or is cancelled. It stops illegal trading and pumping unlike the US where the letters of intent for such deals creates a frenzy of trading activity.
yes my friend Delivra is an awesome acquisition!
Did you see the wonderful news this morning so exciting
I am adding more on both ticker
See news on hvt.v
As you said i think at the end of the year we will be around 3 to 5$ so excellent ;)
When a news come buddy and the news arrived and such a good news adding more here and in hvt.v
why is there a trading halt on this ticker
yes and next quarter will be even better!
Did you see the good news about the Q2 so wonderful i am adding more on the two ticker HVT.V and this one they made 123% increase so nice !!! ;)
Notice after all the so called Good news today that Harvest One still managed to lose 3 million dollars for the quarter though. Will the bleeding ever stop?
Outdoor grow...Sorry if this has been discussed already but I'm new to the board. Does anyone know if HO has either applied for an outdoor grow license or already secured one? Just read that they will be allowing outdoor grows and HO, having talked to the CEO, own over 400 acres of prime grow land.
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Harvest One is an early-entry global cannabis company focused on servicing both the medical and recreational cannabis markets, in Canada and internationally. Shareholders have significant exposure to the entire cannabis value chain through three business units, with Harvest One serving as the umbrella company over horticultural arm United Greeneries and medical arm Satipharm AG.
Each business is strategically located in favourable jurisdictions with supportive regulatory frameworks in place. United Greeneries has a Canadian ACMPR cultivation and sales license, making Harvest One one of only a few companies globally with the capacity to commercially cultivate and sell medicinal grade cannabis in a federally regulated environment.
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