Category: Featured

Introduction – InnoCan Pharma Corporation (CSE: INNO)

Image result for Innocan Pharma


About InnoCan Pharma

Approximately two years ago, a group of like-minded individuals, Iris Bincovich, Nir Avram, Yoram Drucker and Ron Mayron (see below for biographies of these individuals), were brought together by the aforementioned idea of leveraging the OTC Monograph System (as described below) process to swiftly bring CBD-integrated topical pharmaceutical products to market. The founders contracted a group of professionals with experience in the pharmaceutical industry, bio-tech, technology start-ups and international business and, on October 18, 2017, they formed Innocan Pharma™ Israel as a pharmaceutical company focusing on developing, manufacturing, licensing, marketing and selling CBD integrated pharmaceuticals.

Innocan Pharma™ is a specialty pharmaceutical company from Israel, developing products that harness the unique properties of Cannabinoids combined with smart delivery formulations.

InnoCan Pharma Corporation (CSE: INNO) is one of the latest new listings on the Canadian Securities Exchange, followings its initial public offering. The company raised gross proceeds of $1.1 million from the sale of 6,111,112 units priced at $0.18 per unit. Each unit consisted of 1 share and one-half a warrant with each full warrant exercisable at $0.30 for 24 months, subject to an acceleration clause. Leede Jones Gable acted as agent for the offering. (News Release)

Businesses and Operations

These topical treatments will include Cannabinoid components, alongside existing, FDA proven active ingredients and, in certain patents, a cream, lotion or gel based “smart delivery” system.

In both the psoriasis and pain relief markets there are a number of topical pharmaceuticals and medications with varying degrees of effectiveness, and a large portion of the more effective pharmaceuticals include steroids and/or other ingredients with known potential undesirable side effects which are unfavourably viewed in the market. Perhaps the most noticeable trait in this market, especially as it pertains to pain relief, is that while advances are being made, developments of such pharmaceuticals has been slow going in part because scientists do not fully understand the mechanics of how chronic pain works.

Patent Application to Enable CBD Targeted Injections

Yissum Research and Development Company (‘Yissum‘), the commercial arm of Hebrew University (Jerusalem), has filed a provisional patent covering a unique cannabinoids loaded liposome platform technology developed under the Company’s funded research agreement ( the ‘Yissum Agreement‘).

InnoCan’s project with Yissum is targeted at developing a breakthrough technology platform that enables the delivery of cannabinoids by injection of hydrogel-cannabinoid-loaded (such as CBD) liposomes into the blood stream or to a specific body part. The controlled release of CBD (or other cannabinoids) from the liposomes allows a continuous exposure of the patient to the cannabinoid and decreases the variations of CBD concentration in the blood caused by food intake or other physiological condition. Moreover, through injection of loaded liposomes, a greater portion of intact CBD can reach its target site, decreasing the total amount of CBD needed to achieve the desired therapeutic effect. The use of the technology is versatile and may be tailored to the development of different cannabinoids. (NewsRelease)

Company Overview

Share Structures

Issued & Outstanding: 143,866,169

Reserved for Issuance: 22,666,583

Market Capitalization (Fully-diluted): $58.3M

Management Team

Scientific Advisory Board

Board of Directors

About InnoCan Pharma Corporation


The Corporation’s business can be described as three distinct operating segments relating to the incorporation in products of CBD in their formulation: (i) research, development, marketing, distribution and sales of InnoCan-branded OTC pharmaceutical products; (ii) research and development of non-pharmaceutical products for third parties in exchange for fees and/or royalties; and (iii) research and development of hydrogels containing liposomes intended for licensing or sale to third party pharmaceutical corporations for manufacturing, distribution and sales. http://innocanpharma.com/

Disclaimer: All posts made on this website are provided for information purposes only. None of the information here is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. Before making an investment decision, you should seek the advice of a qualified and registered securities professional. The author is paid to share this information and may or may not own shares in the company.

Source: InnoCan Pharma, CSE Listing Statment

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Water Ways Tech (TSX-V:WWT) Taps into Canadian Irrigation Market Via Heartnut Grove Acquisition

See the source image

Water Ways Technologies recently closed acquisition of Heartnut Grove, a Canadian distributor of irrigation and agriculture components based in Mount Brydges, Ontario. After paying C$475,000 in cash and C$25,000 in shares, Heartnut Grove is now a wholly-owned subsidiary of Water Ways Tech.

Heartnut Grove

  • Estimated Revenues (Previous fiscal year): CAD$3.74M
  • First four months of fiscal 2019: CAD $1.56M

Acquisition Cost: Approximately CAD $500,000

Water Ways Technologies

  • 2018 Revenues: CAD$15.7M
  • Current Market Cap: Less than CAD$15M

The strategic rationale for the acquisition was to provide exposure to the Canadian market by utilizing the established network and relationships that Heartnut’s management has built over the years and provide a point of entry into Canadian cannabis market. While the Company has done business on four continents, this acquisition provides it its first permanent base of operations in North America for the Company.

“Our long term goal is to establish Water Ways as a leading irrigation and agro-technology provider worldwide. We aim to build a significant presence in the North American irrigation market. The first step toward achieving this goal was completing the acquisition of the assets of Heartnut Grove to serve as our sales and distribution center for North America serving both the North American farming community and Canadian irrigation and all need for the Cannabis growers LP’s. We will also strive to launch our DataWays technology to assist in implementing irrigation projects in Canada and the USA by using this cutting edge technology using Artificial Intelligence and Machine Learning capabilities to ramp up our sales worldwide giving a significant advantage over our competitors. Using the experience we gained through the Cronus group irrigation project in Israel we aim to turn Water Ways into a major cultivation project vendor to the Canadian legal Cannabis Cultivation community,” said Water Ways Tech CEO and Chairman Ohad Haber.

Hazelnut Grove’s sole shareholder, John Pol, has entered an employment agreement to manage the new subsidiary, bringing his sales force with him to the new company.

The Company continues to evaluate potential M&A opportunities and strategic partnerships on a case by case basis and continues to evaluate proposals from potential advisors to assist with those efforts. The Company’s management believes that acquiring irrigation product and service distributors in the new markets as would help it increase its foothold and distribution presence and potentially lead to other revenue opportunities in those markets.

Water Ways Technologies management team continues to execute well and this acquisition will boost the sales of WWT for 2019.

Water Ways Technologies Investors Group (Facebook): Here

Source: Newswire, Investingnews

Disclaimer: All posts made on this website are provided for information purposes only. None of the information here is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. Before making an investment decision, you should seek the advice of a qualified and registered securities professional.
The author is paid to share this information and may or may not own shares in the company.

Freedom Cannabis, Greenest Licensed Producer in Canada

  • Freedom Cannabis received Cultivation and Sales license by Health Canada on April 5th 2019.

Canada’s nationwide adoption of pro-cannabis laws and regulations has served greatly for the public in terms of health, happiness and overall quality of life.

While the current “green rush/revolution” is primarily an overall positive revolution, with growth comes challenges, and one such challenge facing the cannabis industry now is being eco-friendly.

Freedom Cannabis is already on its way to become the greenest and the most eco-friendly cannabis company in the world. Although it may not be obvious, there’s a direct correlation between energy use and the environment. When consumed less power, less toxic fumes are released by power plants, which conserve the earth’s natural resources and protect ecosystems from destruction. By taking steps to reduce energy intake, Freedom will contribute to a healthier and happier world.

May 28th, 2019; Freedom Cannabis announced installation of a state-of-the-art solar array at its 126,000 square foot facility in Acheson, Alberta, located 20 kilometres west of Edmonton. The 1,830 kW solar array, supplied by ENMAX, will be Canada’s largest rooftop solar install to-date.

Image may contain: sky, cloud and outdoor
Source: Freedom Cannabis Facebook Page

Cannabis grow facilities consume a great deal of power. The cannabis intel firm New Frontier Group noted that in 2017, cannabis growers in the US used enough electricity to power 1.7 million homes, amounting to about 1 per cent of the entire energy consumption of the United States. And those numbers are only expected to grow.

The solar installation in Acheson is part of Freedom Cannabis’s overall commitment to reducing its impact on the environment. The company incorporates water remediation programs in its growing process, with the intention of minimizing waste. It is also exploring BIO fuel alternatives and environmentally friendly packaging options to further reduce its carbon footprint.

“We’re aware of the ecological footprint that comes with cultivating cannabis and we want to ensure we do our part to protect the environment. This is just our first step in becoming an industry leader with a commitment to sustainable initiatives,” says Troy Dezwart, Executive Director and Co-Founder of Freedom Cannabis.

Fast Facts

  • The solar array consists of 4,574 solar modules with a maximum capacity of 1,830 kW.
  • The system will offset about 1,041 tonnes of greenhouse gas emissions annually, supplying about 5-8 per cent of the building’s annual power consumption.
  • Based on current demands, the installation is expected to reduce electricity costs by approximately $200,000 – $300,000 annually.
  • Installation of the array is expected to be completed by August 2019 and is part of the company’s plan to more than quadruple production by spring 2020.

Freedom Cannabis Update

Freedom is currently focused on growing its first premium crops, which are expected to go to market this fall. Additionally, Freedom is commencing with the buildout and licensing of its R & D, innovation, extract lab facilities, and finalizing plans for Phase 2 of the growing operations. Freedom is also pursuing GMP certification to become one of a limited number of Canadian licensed producers in Canada with capability to sell into select European markets.

About Freedom Cannabis


Freedom Cannabis is a private, seed to sale cannabis company Licensed by Health Canada under the Cannabis Act. Established in 2017 and based in the province of Alberta, we have assembled a team of experts and experienced professionals who are working to build one of the world’s leading cannabis companies.

Source: Freedom Cannabis, Newswire.ca, Edmonton Journal

Disclaimer: All posts made on this website are provided for information purposes only. None of the information here is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. Before making an investment decision, you should seek the advice of a qualified and registered securities professional. The author is paid to share this information and may or may not own shares in the company.

Exploring Water Ways Technologies (TSXV: WWT) Cannabis Involvement

Water Ways Technologies (WWT), through its wholly owned subsidiary Irri-Al-Tal, is an Israeli based agriculture technology company, specializing in water irrigation. CIG has been covering WWT for some time now. A comprehensive report of the company is posted on our website (link). This article will briefly explore WWT’s work in the cannabis industry specifically.

Irri-Al-Tal’s irrigation and control systems for cannabis growing

Services provided by Irri-Al-Tal to cannabis producers

Growing Cannabis:

Growing cannabis is a science with many different factors to consider. Ensuring proper light (and light deprivation) humidity, temperature, and soil pH, are just some of the growth variables that must be considered when growing cannabis. WWT’s expertise in agronomics allows for precise manipulation of environmental conditions to ensure Licensed Producers yield the maximum benefits from their crops.

Benefits of Superior Agronomics and Irrigation:

  • Increase yield of crop
  • Increase quality of crop
  • Prevention of mold
  • Maximization of nutrient utilization by the plant (reducing cost for producers)
  • Reduction of potential of stunted plant growth

Irri-Al-Tal’s cannabis operations are currently located in Israel and Colombia, however, the company has plans to expand to different areas. Irri-Al-Tal offers “integrated solutions for cannabis growers, precise irrigation systems, and project implementation capabilities”. The company specializes in many irrigation techniques, including flood irrigation, drip irrigation, aeroponics, and hydroponics.

Project with CRON and Israel Opportunity:

In our first report on WWT, CIG discusses the order received by WWT for a complete irrigation system for a joint venture project between Kibbutz Gan Shmuel and Cronos Group (CRON). Gan Shmuel is one of the largest and most established kibbutzim (agricultural community) in Israel. The country of Israel is ideal for growing cannabis, as their climate supports year-round greenhouse cultivation without the need for supplemental flower lighting, allowing for low-cost production for producers. Medical cannabis is legal in Israel and recently, the country has decriminalized adult use of cannabis. Irri-Al-Tal will only look to work with cultivators in Israel who are licenced by the Yakar (Medical Cannabis Unit of the Israeli Ministry of Health).

Financial Statements and Future Outlook:

On Thursday May 2, WWT reported their fiscal year 2018 financial results. The company reported record operating revenues of $15.7 million CAD. These numbers are especially impressive when considering that, fully diluted, WWT has a market cap of just over $22 million CAD given a $0.22 CAD share price. In the financial summary news release, the company references their ongoing engagement in the cannabis sector:

  • In 2018, Irri-Al-Tal successfully launched the implementation of one cannabis project in Israel, including delivery of the irrigation, fertigation and Internet of Things control system to an Israeli subsidiary of the Cronos Group (TSX: CRON). The Company is currently in the process of submitting bids for similar projects to a number of future licensed producers in the Israeli market.

Further, Ohad Haber, President, CEO, and Chairman of the WWT board, stated that, in 2018, the company “embarked on a mission to aggressively expand [their] business plan in the global legal cannabis sector, which [they] have advanced from a concept to tangible projects in multiple countries”. Given these comments and given that WWT already has a partnership with one of the biggest global Licenced Producers in CRON, it would not be surprising to see WWT announcing future contracts with other cannabis companies. Thus, WWT is a cannabis ancillary company that could be one to watch in the near future.

Link to Water Ways Technologies Website, Here.

IF YOU ENJOY OUR WEBSITE, JOIN OUR FACEBOOK GROUP AND GET NOTIFIED FIRST. CLICK HERE.

References:

  • https://www.water-ways-technologies.com/wp-content/uploads/2019/03/WWT-Investor-Presentation-Q1-2019.pdf
  • https://www.water-ways-technologies.com/wp-content/uploads/2019/02/Irri-altal-Our-Cannabis-Sector.pdf
  • https://www.forbes.com/sites/sarabrittanysomerset/2019/04/05/israel-decriminalizes-adult-use-cannabis-during-cannatech-conference-in-tel-aviv/#214f5eb25dff
  • https://www.newswire.ca/news-releases/cronos-establishes-international-low-cost-production-in-israel-642850243.html

Disclaimer: All posts made on this website are provided for information purposes only. None of the information here is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. Before making an investment decision, you should seek the advice of a qualified and registered securities professional. The author is paid to share this information and may or may not own shares in the company.

Water Ways Reports Fiscal Year 2018 Financial Results

Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“) reports today its financial and business results and is pleased to provide highlights and comments on the results for the year ending December 31, 2018.

News VIA Globenewswire.com, link HERE

2018 Year End Financial Highlights1

  • Record operating revenues of CAD $15.7M (USD $12.1M), including CAD $8.3M (USD $6.4M) in Project Services and CAD $7.4M (USD $5.7M) in Product Sales, for the year ending December 31, 2018, up 14% from CAD $13.7M (US$10.6M) for the year ending December 31, 2017.
       •   Increase due to deployment of ten irrigation service projects in Guatemala, Ecuador, Peru, Nigeria, Cameroon, Ethiopia and Israel in the year ending December 31, 2018 compared with deployment of six irrigation service projects in Ethiopia, Cameroon and the Philippines in the year ending December 31, 2017.
  • Record gross profit of CAD $2.39M (USD $1.84M) for the year ending December 31, 2018.
       •   Increase by CAD $140K (USD $110K) from CAD $2.25 (USD $1.73M) for the year ending December 31, 2017.
       •   Gross profit margin of 15.2%, in line with the Company’s historical operations.
  • Total comprehensive income was CAD $540K (USD $417K) for the year ending December 31, 2018 compared to CAD $871K (USD $671K) for the year ending December 31, 2017, primarily due to the costs of the qualifying transaction of approximately CAD $250K.
  • Increase in total assets of CAD $8.36M (USD $6.14M) as of December 31, 2018, by CAD $937K (USD $210K) from CAD $7.44M (USD $5.93M) as of December 31, 2017; while decrease in total liabilities of CAD $4.85M (US$3.56M) as of December 31, 2018, by CAD $1.81M (USD $1.75M) from CAD $6.66M (USD $5.31M) as of December 31, 2017.

__________________
1 US Dollars is Irri-Al-Tal’s functional and reporting currencies. CAD equivalent figures hereto are presented using the Bank of Canada USD:CAD annual exchange rate of 2018 of 1.2959 and of 2017 of 1.2976 for income statement items, where applicable; and the December 31, 2018 USD:CAD exchange rate of 1.3621 and December 31, 2017 USD:CAD exchange rate of 1.2540 for balance sheet items, where applicable.

Irri-Al-Tal Financial Results Summary

The table below presents the financial results of Irri-Al-Tal Ltd. (“Irri-Al-Tal“), a wholly owned subsidiary of the Company, since the reverse-takeover transaction between Irri-Al-Tal and the Company has occurred after the completion of the year end.

(CAD in thousands)FY 2018 FY 2017 Change %
Revenues:
Services Projects8,2716,91719.6%
Products7,3966,8108.6%
Total Revenues15,66613,72714.1%
Cost of Sales13,28111,481
Gross Profit2,3862,246
Gross Profit Margin %15.2%16.4%
Operating Expenses1,591917
Other Income (Loss)(86)(197)
Taxes on Income168261
Total Comprehensive Income (Loss)540871

Basic and Diluted Profit per Share
$  0.014$  0.024

Balance Sheet Items:
Cash and Cash Equivalents317218
Total Current Assets7,8026,967
Total Assets8,3627,435
Total Current Liabilities4,4696,178
Total Non-Current Liabilities376478
(USD in thousands)FY 2018 FY 2017 Change %
Revenues:
Services Projects6,3825,33119.7%
Products5,7075,2488.7%
Total Revenues12,08910,57914.3%
Cost of Sales10,2488,848
Gross Profit1,8411,731
Gross Profit Margin %15.2%16.4%
Operating Expenses1,228707
Other Income (Loss)(66)(152)
Taxes on Income130201
Total Comprehensive Income (Loss)417671

Basic and Diluted Profit per Share
$  0.011$   0.024

Balance Sheet Items:
Cash and Cash Equivalents233174
Total Current Assets5,7285.556
Total Assets6,1395,929
Total Current Liabilities3,2814,927
Total Non-Current Liabilities276381

Revenue change by geographic segments:

FY2018FY2017
Geographic Segments :
Africa 25.6%44.0%
South and Central America56.5%40.7%
Asia0.8%6.4%
Europe3.6%2.8%
Israel12.2%4.8%
Others1.3%1.3%
Total Revenues100%100%

Business Highlights: 2018 Year End and Subsequent

  • In 2018, the Company announced its planned development of the “Precise Irrigation System” (“Data Ways”).
  • Uzbekistan: In Q4 2018, the Company added a sales executive, focused on CIS countries, to its sales force; as a result, Water Ways signed its first irrigation project in Central Asian in Uzbekistan in January 2019, which has an initial value of approximately C$0.5M and is expected to be delivered in Q2 2019.
  • Canada: In March 2019, the Company signed an LOI to acquire certain assets of a Canadian distributor of irrigation and agriculture components located near London, Ontario. The distributor was established in 2004 and finished the year ended October 2018 with sales of approximately C$3.74M.
  • Qualifying Transaction: In 2018, the Company announced a qualifying transaction (“QT“) with Irri-Al-Tal Ltd., a company incorporated under the laws of Israel, and in early 2019, the Company closed the QT and commenced trading on the TSX-V under the symbol “WWT”.
  • Equity Financings: In May 2018, the Company closed a private placement of C$1.75M at a price of C$0.175 per unit; in March 2019, the Company raised aggregate gross proceeds totally C$3.11M at a price of C$0.25 per unit.
  • Cannabis Sectors: In 2018, Irri-Al-Tal successfully launched the implementation of one cannabis project in Israel, including delivery of the irrigation, fertigation and Internet of Things control system to an Israeli subsidiary of the Cronos Group (TSX: CRON). The Company is currently in the process of submitting bids for similar projects to a number of future licensed producers in the Israeli market.

Management Commentary

Ohad Haber, President, CEO and Chairman of the Board of Water Ways, commented as follows: “2018 continued to set records for Water Ways’ growth and momentum across the globe. The Company witnessed a transformational year of 2018 as we initiated the capital raising and the listing process in Canada in early 2018 and successfully completed the listing in early 2019. In addition, we embarked on a mission to aggressively expand our business plan in the global legal cannabis sector, which we have advanced from a concept to tangible projects in multiple countries.” Mr. Haber continued: “We are excited about the future of Water Ways as we continue to expand our global footprint and gain a presence in the new markets. As we became a public company and entered this new chapter of Water Ways, we look forward to demonstrating the full potential of Israeli innovation in the global irrigation sector.”

A comprehensive discussion of Water Ways’ financial position and results of operations is provided in the Company’s Management Discussion & Analysis (“MD&A“) for the year ended December 31, 2018 filed on SEDAR and can be found at www.sedar.com.

About Water Ways Technologies
Water Ways is the parent company of Irri-Al-Tal Ltd. (“IAT“) which is an Israeli based agriculture technology company that specializes in providing water irrigation solutions to agricultural producers. IAT competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. At present, IAT’s main revenue streams are derived from the following business units: (i) Projects Business Unit; and (ii) Component and Equipment Sales Unit. IAT was founded in 2003 by Mr. Ohad Haber with a view of capitalizing on the opportunities presented by micro and smart irrigation, while also making a positive mark on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America. IAT’s past projects include vineyards, water reservoirs, fish farms, fresh produce cooling rooms and more, in over 15 countries.

For more information, please contact 
Ronnie Jaegermann
Director
+972-54-4202054
ronnie@irri-altal.com
https://www.water-ways-technologies.com/

Forward-Looking Statements

Certain statements contained in this press release constitute “forward-looking information” as such term is defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they relate to Water Ways, including receipt of the Final Exchange Bulletin and the proposed listing date, are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information. Such statements reflect Water Ways’ current views and intentions with respect to future events, and current information available to Water Ways, and are subject to certain risks, uncertainties and assumptions. Material factors or assumptions were applied in providing forward-looking information, including: expected sales volumes, timing of and approval of the Acquisition by the TSX Venture Exchange; timing of establishing new operations. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Should any factor affect Water Ways in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, Water Ways does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and Water Ways undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law. Water Ways’ results and forward-looking information and calculations may be affected by fluctuations in exchange rates. All figures are in Canadian dollars unless otherwise indicated.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Source: Globenewswire.com

Disclaimer: All posts made on this website are provided for information purposes only. None of the information here is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. Before making an investment decision, you should seek the advice of a qualified and registered securities professional.
The author is paid to share this information and may or may not own shares in the company.

Freedom Cannabis

Freedom Cannabis is a private, seed to sale cannabis company Licensed by Health Canada under the Cannabis Act. Established in 2017 and based in the province of Alberta, we have assembled a team of experts and experienced professionals who are working to build one of the world’s leading cannabis companies.

Demand after legalization of the adult recreational market in October 2018 far outstripped supply. With a comprehensive seed to sale business plan, sustainable growth strategy, and expansion capacity of over 2 million square feet, we are perfectly positioned to fill the supply gap and service burgeoning demand.

Five Key Points for Freedom Cannabis

  • Renewables (solar installation, water reclamation), Big operation costs come from energy costs.
  • Good Manufacturing Practice (GMP) ready facility and its link to export into the EU.
  • Risk mitigation strategy ( smaller room design, positive pressured rooms, sealed rooms, isolated HVAC per room) – proven by CanniMed (Now Aurora Cannabis)
  • Genetics variety
  • Vertically-Integrated Laboratory and 3rd party processing capability for another source of revenues. (State of the art VWR extraction + Analytical equipments , using super critical CO2 method)

Share Capitalization

Current Private Placement Round: $0.60 per share + 1/2 warrant at $.85 actionable after IPO

Licensing

  • Full application submitted to Health Canada in Fall. File number received from HC and currently under review.
  • Full Security Attestation submitted in December 2018.
  • Freedom Cannabis received Cultivation and Sales license by Health Canada (04/05/2019)

Unique Growing Method

The growing method Freedom use is called the Isolated Growth Strategy. In this method, seedlings and plants are grown in smaller rooms varying in size from 1000 to 2,500 square feet. The isolated grow rooms allow for optimized environmental control of temperature, humidity, light, water, and nutrient supply to foster higher yields and superior quality. The segregated grow rooms also mitigate the potential spread of disease to a whole crop, unlike the “sea of green” method commonly used by other growers, where one diseased plant can wipe out an entire crop, potentially costing millions of dollars.

Master Grower (Mario giannini)


Mario has been growing cannabis successfully under MMAR since 2003 in operations ranging up to 15,000 square feet. In 2001, Mario established a hydroponics specialty shop which has now expanded to two locations. Mario can be found at the leading edge of the cannabis grow space, where he is well known for his expertise. In the industry he has been a source for equipment, supplies and consulting services. Mario has been providing these services to twelve of the larger Western Canadian Licensed Producers for the past four years.

Sales

  • Fully launched in Q1 2019 with production capacity capable of retailing and wholesaling product through numerous and diversified channels.
  • Potential to expand distribution through network of owned and operated retail store concept across the country.
  • Potential for entering European Market
  • First crops will be sold mostly to AGLC, while ramping up on medicinal clients.
  • Avoided signing supply agreements until we can guarantee medicinal patients needs.
  • In touch with several medicinal referral networks, will be announced once the medicinal sales license is granted.
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Facility Update Interview by Co-Founder: Here

Source: Freedom Cannabis

Disclaimer: All posts made on this website are provided for information purposes only. None of the information here is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. Before making an investment decision, you should seek the advice of a qualified and registered securities professional. The author is paid to share this information and may or may not own shares in the company.

Water Ways Technologies (TSXV:WWT)

WWT is an agriculture technoloies company that specializes in providing water irrigation solutions to agricultural producers. WWT competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market.

WWT delivers smart turnkey irrigation solutions to projects such as fish farms, vineyards, water reservoirs, etc. WWT maintains 2 streams of revenue:

1 Sales of irrigation equipment assembled in- house and hardware produced by 3rd party OEMs (39% of revenue).

2 Design, manufacturing, and installation of turnkey irrigation 2 systems (59% of revenue).



<New Market Opportunity>

Global Cannabis Sector

  • The cannabis industry has seen rapid growth and opportunities for investment in agriculture, distribution, and retail.
  • WWT offers a solution though a combination of drip irrigation acumen and its Precise Irrigation System, once operational, and is expected to be able to deploy specialty container drip solutions creating optimal conditions for cultivation.
  • Competition within the global cannabis market is expected to drive cannabis prices down, pressuring companies to find new and innovative technology solutions to reduce costs.

WWT’s Competitive Advantages

  • Management with over thirty years’ experience and an understanding of the high-end, high-tech segment of the agriculture sector.
  • Targeting the underserved small to medium projects segment of the market, providing these operators with access to irrigation systems and knowhow.
  • Relationships with Israeli irrigation corporations, the world leaders in efficient micro/drip irrigation, without exclusivity provisions which provide Irri-Al-Tal with flexibility to adapt to changing customer needs.
  • Serve as a technical and commercial information hub for both clients and suppliers.
  • Not obligated to a single product or a supplier, allowing Irri-Al-Tal to serve its clients impartially and to deliver the solutions that are suited to clients’ needs.
  • Clients extending across five continents.
  • Experience operating in regions with infrastructure challenges and limited access to clean water.
• WWT’s team comprises experienced professionals from within the
industry.

Fully Diluted Market Cap: $31.44 Mil CAD (125.77 million shares at $0.25)

Revenues in 2017: US $10.58 M (CAD $13.90 M)

Offering: Minimum 8,000,000 Units / Maximum 16,000,000 Units
Over-Allotment Option: up to 15% of Maximum 2,400,000 Units

Issue Price: $0.25 per Unit

Exchange: TSXV

Trading debut: March 19, 2019

Board of Directors

Lots of Cannabis connection on BoD.

balance sheet

New Market Prospect – Legal Cannabis Market

An important factor in the cultivation of cannabis is a proper irrigation system that is efficient and cost effective in growing large quantities of cannabis.

The cannabis production industry has, like other agricultural products, fine-tuned methods of production in which cannabis is grown in highly controlled environments often using micro irrigation techniques. A significant challenge when growing cannabis is ensuring low water flow rates to the cannabis plants to prevent deoxygenation of the substrate and nitrate poisoning. WWT offers a solution though a combination of drip irrigation acumen and its Precise Irrigation System, once operational, and is expected to be able to deploy specialty container drip solutions creating optimal conditions for cultivation.

WWT has identified the legal cannabis market in Canada and elsewhere as an attractive business opportunity as licensed cannabis producers may have a demand for the WWT’s customized advanced irrigation solutions.

Kibbutz Gan-Shmuel Project (CRONOS)

In 2018, WWT received an order to deliver a complete irrigation system to a company operating a licensed cannabis project in Kibbutz Gan Shmuel, Israel which is a strategic joint-venture between Kibbutz Gan Shmuel and Cronos Group Inc. (“Cronos Israel”)

Management structure

Recent projects

Prior Sales of Securities

$0.35 per share…

Share structures

Massive Insider Holding (CEO)

Warrants

Each whole Unit Warrant will entitle the holder to purchase one additional Common Share at price of $0.40 per Common Share for a period of 24 months from the Offering Closing Date, subject to the Acceleration Clause, whereby if following the Offering Closing Date, the closing price of the Common Shares on the Exchange is equal to or greater than $0.75 for any 20 consecutive trading days, the Company may, upon providing written notice to the holders of the Unit Warrants, accelerate the Expiry Date of the Unit Warrants to the date that is 30 days following the date of such written notice

Reasons for the offering

  • Undertake an expansion of its marketing initiatives
  • Complete development of Precise Irrigation System
  • Undertake up to three project finance initiatives in its Project Finance Sub Unit
  • may use a portion of the funds allocated towards working capital towards business development efforts in the cannabis space, but such efforts, if undertaken, will only focus on securing potential business from licensed cannabis producers.

Source: Water Ways Technologies

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