RE:RE:RE:Catalyst? Canopy Growth comments on proposed regulations governing cannabis Closed @ 19.35 up .99 (5.39%) on the day yesterday *****
Hempco talks up Health Canada's cannabis proposals 2017-11-22 09:54 ET - News Release
Mr. Charles Holmes reports
HEMPCO COMMERCIAL GROWTH TO BE SIGNIFICANTLY BOOSTED BY HEALTH CANADA PROPOSALS FOR NEW CANNABIS ACT AND REGULATIONS
Hempco Food and Fiber Inc. has provided feedback to proposed changes to the proposals put forward by Health Canada in a consultation document discussing the new Cannabis Act and supporting regulations.
Hempco's management anticipates the proposed regulations, when implemented, will dramatically accelerate the company's commercial growth. The proposed changes clearly show the federal government recognizes the important and distinctive characteristics of Industrial Hemp, supporting the whole-plant-utilization concept Hempco has consistently advocated for. The following highlights some of the key changes that will drive the industrial hemp market in general, and Hempco's commercial development in particular:
- An industrial hemp licence would authorize related activities, including possession, transportation, research and development, consistent with other classes of licences;
- It is proposed that industrial hemp licences would authorize the intra-industry sale of leaves, flowers and branches (or the whole plant);
- Hemp defined as: cannabis plants whose leaves and flowering heads contain less than 0.3 per cent tetrahydrocannabinol;
- Non-viable seed and hemp seed derivatives, mature stock without leaf, flower, seed or branch having less than 10 parts per million THC are outside the proposed act, not requiring a licence;
- An industry licence would authorize possession, transportation, research and development of the whole plant;
- THC testing only for new varieties of non-pedigree seed, and
- Scientific, evidence-based approach for cannabis products (with less than 10 ppm THC) health claims to be strictly regulated by the Food and Drug Administration and Health Canada for safety, efficacy and quality under the natural-health-product framework as per the product risk profile.
Management commentary
"The proposed regulations would constitute a complete game changer that will allow Hempco to implement its vision for whole-plant utilization," said Charles Holmes, president of Hempco. "With the near completion of our dedicated processing facility expansion in Nisku, we are exceptionally well positioned to supply the world with a growing portfolio of products, including high-quality hemp-based food additives, fibres, and now also CBD-based health products, which represents a rapidly growing global market."
About Hempco Food and Fiber Inc.
For more than 12 years, Hempco has been a trusted and respected pioneer, innovator and provider of premier hemp seed foods. Hempco is committed to developing hemp foods, hemp fibre and hemp nutraceuticals, a tricrop opportunity for producers and processors. Hempco is expanding its processing ability to meet global demands in a 56,000-square-foot facility located at Nisku, Alta.
Closed @ 2.43 up .05 (2.1%) on the day yesterday *****
Tinley Beverage does not say why stock is up 2017-11-22 11:17 ET - News Release
An
anonymous director reports
TINLEY BEVERAGE COMPANY UNAWARE OF ANY MATERIAL CHANGE
At the request of IIROC, The Tinley Beverage Company Inc. confirms that the company's management is unaware of any material change in the company's operations that would account for the recent increase in market activity.
About The Tinley Beverage Company Inc., the Tinley Collective and Hemplify
The Tinley Beverage Company (Toronto, Canada) has developed a line of cannabis-infused beverages for use in jurisdictions throughout North America,
where such products are permitted. Tinley's wholly owned subsidiary, Hemplify Inc. (Santa Monica, Calif.), manufactures the Hemplify and Tinley's Tonics line of products. Hemplify is a line of fruit-flavoured, sugar-free, vegan, drinkable supplements that contain
hemp stalk extract. The Tinley's Tonics squeeze supplement is a creamy, chocolate blend of
hemp extract, MCT oil and lactose-reduced whey protein.
Closed @ .61 up .10 (19.61%) on the day yesterday *****
dontknowmuch wrote: IMO there are
SEVERAL “catalysts” in there
;)
Just in case anyone would like a second opinion, here's one: Canopy Growth comments on proposed regulations governing cannabis SMITHS FALLS, ON, Nov. 22, 2017 /CNW/ - Canopy Growth Corporation (TSX: WEED) ("Canopy Growth" or the "Company") is pleased to see further progress as the federal government proposes possible scenarios for the governance of the new cannabis system. This level of detail, subject to improvements and iterations through the final drafting stages, allows the Company to continue to develop and refine an aggressive expansion agenda to meet the needs of medical and adult-use consumers with high quality cannabis products. Many of the security measures proposed in the draft regulations will allow the Company to scale existing facilities more rapidly due to reduced regulatory burdens and security infrastructure, without sacrificing the underlying rigour of the supply chain itself.
Canada has built a world-class system for the production of cannabis, and much of the proposed system builds upon the strengths of the existing production and distribution system. Canopy is pleased to see the introduction of special provisions for "micro-growers", as this effort to support new and smaller growers is consistent with the ethos of Canopy, which supports a wide variety of growers already through its Craft Grow program. Canopy has built a value-add processing, care and distribution network second to none, and looks forward to seeing more entrants join the market and welcomes the opportunity to build upon its growing roster of CraftGrow partners.
While plain packaging regulations are not mentioned in the draft regulations, Canopy Growth continues to place value on the proposed self-regulatory model it helped create along with 17 other Licensed Producers which were developed in consultation with Ad Standards Council. Brand differentiation and education must be allowed in order to successfully transition out of prohibition and replace the black market.
Finally, Canopy Growth is particularly pleased with the hemp provisions in the draft regulations. Canopy was an early advocate of hemp production, having acquired several hemp companies early on through its acquisition strategy. With a focus on crop-scale production, CBD extraction technology and value-add consumer products, the Company is pleased to now bring its hemp strategy to fruition to provide a revenue stream to complement existing cannabis revenue to build additional value for Canopy Growth's shareholders. *****
“
Living in the sunshine”
Always DYODD
DKM
dontknowmuch wrote: buddingprospect wrote: Any speculation on what the cause of the price jump might be?
Am happy - in particular - for those that have demonstrated the patience, done their DD and stuck around, e.g. DKM, Rock, and a few others. Hopefully you shall soon be rewarded handsomely.
In my opinion Eto is the real McCoy, and NSE is going to enjoy a decent ride on the hemp wave of the future.
Cheers
BP
Hey “buddingprospect”,
I have to keep this post short :) don’t have time to explain.
Have a look at this
PROPOSED APPROACH TO THE REGULATION OF CANNABIS published yesterday.
IMO there are
SEVERAL “catalysts” in there
;) *****
“
Living in the sunshine”
Always DYODD
DKM