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Marijuana Stock Aphria Logs Biggest Single Day Gains In 7-Months

Joe Samuel

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cannabis market

One of the marijuana stocks that has been the center of a lot of focus among investors over the past few sessions is the Canadian cannabis company Aphria Inc (APHA).

Aphria’s Stock Posts Biggest One Day Gain In 7-Month

Aphria’s stock started climbing on Friday after Owen Bennett, an analyst at Jeffries initiated coverage on the stock. In a note, Owen stated that the shares could double in the foreseeable future. Following that, Aphria’s stock soared 15% to close at $7.35 USD, highest one-day gain since October 31st, 2019.

Special Report: Cannabis Stocks Could Be Ready To Surge This Summer

Following the legalization of medical marijuana in Canada, plenty of companies have emerged and some have already gone on to become market leaders, with significant valuations. 

However, Aphria offers investors a way to get into the ever-growing Canadian cannabis market with one of the cheapest stocks and there are several factors that could send the stock price even higher in the coming months.

Corporate Issues

Aphria stock took a nosedive last year due to corporate issues and accusations from short sellers that the company had paid over the market price for a particular acquisition. There had also been accusations of conflicts of interest. The company, however, conducted an independent investigation into the whole sage and found that neither did they pay over the odds for the acquisition in question nor did the executives have a conflict of interest. That being said, the entire sage has had a negative impact on the company and by extension on the stock.

Bennett believes that despite the negative perception, nothing shady had actually happened and in addition to that, the Chief Executive Officer who had been at the center of the controversy has already left the firm. That episode had left the stock beaten down over the past year but it could be a good opportunity for many investors.

Bennett states that Aphria boasts of one of the biggest capacities when it comes to extraction for pharmaceutical and vaping products. He went on to state that total sales at the company could hit $1 billion in the next four years and margins could b 24% at the same point.

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Biotechnology

Healthcare Penny Stocks To Watch: Driven Deliveries Inc. (DRVD), Biocept Inc. (BIOC), Cesca Therapeutics Inc. (KOOL), PhaseBio Pharmaceuticals Inc. (PHAS)

Joe Samuel

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Healthcare penny stocks tend to be the largest movers among other penny stocks. This is mainly due to the amount of news they release. For example, any development in treatment becomes a news catalyst, which happens more often than other news.

Driven Deliveries Inc. (DRVD)

Driven Deliveries Inc. (DRVD) is primarily a technology company so why include it with other healthcare penny stocks? It is included because of what Driven’s technology is capable of, delivering medical and recreational marijuana. Medical marijuana legality is sweeping across the US which is only expanding the future demand for the services Driven provides.

More studies are beginning to show the positive effects of marijuana in relation to stress and pain relief. These studies make Driven’s recent announcement way more important. Driven revealed a partnership with Pure Ratios, a company selling 96-hour pain relief CBD and THC patches. This product is the only of its kind as it bypasses the digestive process and is absorbed directly into the bloodstream.

[REPORT] One of the Only Public Cannabis Delivery Services in the United States…Here’s What To Know

Christian Schenk, CEO of Driven, stated, “We believe that our best-in-class delivery platform coupled with Pure Ratio’s proven popular brands will provide a strong synergistic relationship between the companies.  We look forward to expanding our customer base while increasing revenue and enhancing our overall brand recognition.  Management has already identified several similar popular brands that it intends to add to our platform in the near future.”

Biocept Inc (BIOC)

Biocept Inc (BIOC) is a healthcare company that uses liquid biopsy technology to assess several forms of cancer for physicians. Biocept has their own liquid biopsy platform known as Target SelectorTM which can analyze tumor markers.

Recently, Biocept announced a new Target SelectorTM platform for breast cancer. It is Biocept’s second tumor-specific panel and will help target the second leading cause of death for women. In addition, Biocept’s platform allows medical personnel to evaluate patients with metastatic breast cancer which is usually very difficult. This news has brought strong volume and a 11% pre-market move.

Cesca Therapeutics Inc. (KOOL)

Cesca Therapeutics Inc. (KOOL) is a medical device healthcare company for cell-based therapeutics. Cesca is an affiliate of the BoyaLife Group which is based out of China. Cesca is using its AutoXpress platform to meet the needs regarding cardio, vascular, and immune diseases.

One of Cesca’s subsidiaries, ThermoGenesis, recently received approval for its Next-Gen AXP II System for cord blood processing. The AXP II System allows for the processing and storage of hematopoietic stem call concentrates. Also, multiple cord blood units can be processed in one centrifuge. Thanks to this approval, Cesca’s stock increased by more than 40%.

PhaseBio Pharmaceuticals Inc. (PHAS)

PhaseBio Pharmaceuticals Inc. (PHAS) is a biopharmaceutical company whose primary goal is creating and selling treatments to orphan diseases. Their primary drug is called PB2452 which reverses antiplatelet activity. PB2452 recently received positive preliminary results from Phase 2a clinical trial. These results pushed the stock from $12.19 to $14.08 on June 18th.

“If approved, PB2452 could help address these critical unmet medical needs by enhancing the safety profile of ticagrelor, which has the potential to become the only antiplatelet therapy on the market with a specific reversal agent. We look forward to reporting full results from the Phase 2a trial at an upcoming medical congress.”

John Lee, M.D., Ph.D., Chief Medical Officer of PhaseBio

stock_price_weed
Disclaimer: Pursuant to an agreement between MIDAM VENTURES, LLC and a third party, Data Marketing Solutions Inc., Midam was hired for a period from 04/22/2018 – 5/22/2019 to publicly disseminate information about Driven Deliveries Inc. including on the Website and other media including Facebook and Twitter. We were paid $50,000 (CASH) for & were paid “0” shares of restricted common shares. We may buy or sell additional shares of Driven Deliveries Inc. Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Click Here For Full Disclaimer

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Cannabis

Food Delivery & Packaging Puts Spotlight on Stocks

Joe Samuel

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We are living in a technology-driven era, whether we like it or not. Technological advancements have, in fact, become an inseparable part of any industry at all stages. And even our food industry is flourishing with the help of these tech methods and devices. It has changed the way a country cultivates and produces food.

With the ever-expanding population and more and more stomachs to be filled, the demand for food and other products continues to increase year-by-year. And to match up with this humungous demand, the new-age technologies have been greatly helpful. It helps not only with improved processing and packaging, but also ensures higher storage capacity, shelf-life and improved the safety of food.

Delivery & Technological Advancements: One ‘Parcel’ At A Time

Delivery has also become a HUGE opportunity to build business for food service companies & delivery companies alike. Uber Eats has about 20% of the market, while GrubHub, including Seamless and Eat24, has 52%. In its latest funding effort, DoorDash raised $250 million after the five-year-old San Francisco-based startup raised $535 million in March. Furthermore, DoorDash, which competes with GrubHub (GRUB), Uber Eats (UBER), and Postmates, has raised nearly $1 billion overall.

Companies like ParcelPal (PTNYF) (PKG) have created an on-demand marketplace where customers can shop for anything from food to clothes. There is no more waiting in line for lunch or rushing to the store after work to grab your clothes. With ParcelPal on-demand, customers simply shop from the app, choose the items they want, and pay.

And the model is proving growth potential. ParcelPal Technology Inc. has released its results for fiscal 2018. ParcelPal technology has provided the audited financial statements for the first year ended December 31st 2018, and has filed the statements on SEDAR. The total audited gross revenue for the fiscal year 2018 is $3,369,630.

2018 Financial Highlights:

  • Total gross revenue up 825% in fiscal 2018 versus the year ended Dec. 31, 2017.
  • EBITA of $1,371,782.
  • Total cash on hand is $2,080,000 with 605,342 in accounts receivables.
  • Gross profits of $802,035, representing a gross profit margin of 24%.
  • Received $1,335,792 from exercising of warrants.

2018 Operating Highlights:

  • Over 300 live locations.
  • Hit milestone of 2,000,000 packages delivered.
  • Launched service in Calgary.
  • Delivered over 2,000,000 packages total.

Other Trends: Packaging; What’s Blue Apron (APRN) Planning Next?

blue apron APRN stock

Packaging, as we all know, is one of the biggest aspects of the food industry. With increased consumer awareness, more and more people are opting out of plastic packaging, which is harmful for both the human body, as well as the environment. The companies, thus, are being pressured into going green and using environmentally friendly products for packaging.

Blue Apron (APRN) focuses on prepackaged food and meal delivery. Blue Apron used innovative design thinking to reconfigure its packaging system and enable gel packs to be placed on top of the meal kit ingredients, allowing a 20% reduction in the number of gel packs used. A redesign of the outer corrugated shipper resulted in a similar reduction of 20%.

Why it’s important:

Meal kit packaging tends to require significant amounts of insulation, refrigerant gel packs, and corrugate in order to safely deliver ingredients. By going beyond conventional design optimization practices of downgauging and material substitution and using design thinking, Blue Apron was able to target two of the packaging system’s “hot spots” and make significant improvements. Blue Apron also used a new drain safe refrigerant in gel packs, recycled PET in trays and lids, and recyclable polyethylene films.

Handling of waste is a major concern globally. Technology helps optimize food utilization and reduce the wastage to minimal. There have been app developments which help mobilize the surplus of food to the needful. One such app is Copia. With 40% of food getting wasted in the States alone, more and more of such technologies are required and much appreciated.

With such advancements and developments, technology might just be the saving grace of the food industry after all.


delivery stocks to buy
Disclaimer: MIDAM VENTURES LLC has been compensated $75,000 per month by a ParcelPal Technology, Inc. for a period beginning September 1, 2018 and ending February 1, 2019 to publicly disseminate information about (PTNYF/PKG) to publicly disseminate information about (PTNYF/PKG). Midam Ventures has been compensated $100,000 by Parcel Pal and has extended coverage to April 1, 2019. Midam Ventures has been compensated $100,000 by Parcel Pal and has extended coverage to May 1, 2019. Midam Ventures has been compensated $200,000 by Parcel Pal and has extended coverage to June 1, 2019. Midam Ventures has been compensated $200,000 by Parcel Pal and has extended coverage to July 1, 2019. We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares.  Click Here For Full Disclaimer

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Cannabis

A New Cannabis Trend That The Market Should Take Immediate Notice Of Is Here!

Joe Samuel

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cannabis stocks

What will legalization across North America look like if the US flips the switch to turn on a massive industrial machine like legal cannabis? Two of the fastest growing industries right now in the United States are on-demand technology and cannabis. These two industries are at the epicenter of growth and investors aren’t being shy about their appetite for companies in these arenas. But one company, in particular, has developed a unique business model that services both of these massive growth industries.

Driven Deliveries Inc. (OTC: DRVD) is one of the only publicly traded cannabis delivery service operating in the United States.

Now that’s what we call first mover advantage. Driven Deliveries provides on-demand marijuana delivery in select cities where allowed by law. The service provides the legal cannabis consumer the ability to purchase and receive their marijuana in a fast and convenient manner.

Consumers are growing increasingly lazy with most of all purchases from retail to food shopping being done online. And now you can add weed to that list. Driven Deliveries (OTC: DRVD) is quickly gaining steam in legal US markets as the new delivery option for customers is resulting in increased revenue and transactions for dispensaries.

Food delivery apps and services such as GrubHub and Uber Eats have already expanded revenue generated in the food-service industry by 22% or more. Consumers love getting what they want without having to leave their house to get it, plain and simple.  

Investors are Starving for this Tech

Investors’ appetite for such delivery service companies seems to be insatiable. Take DoorDash for example. The company competes with GrubHub and Uber Eats but recently tripled its valuation in only about 5 months to $4 billion despite not even being profitable.

Moreover, Uber Eats owns about 20% of the market while GrubHub, including Seamless and Eat24, has 52% market share. And even in the face of that steep competition, DoorDash has raised nearly $1 billion overall to date. This should give you an idea of just how hungry investors are for on-demand service companies.

Even Chinese investor and WeChat owner, Tencent, is looking to get involved in the food-technology sector in a big way by contributing a significant piece of a $500-$700 million raise for India’s Swiggy. The investment would value Swiggy at $2.5-$3 billion. Another app called Rappi is a Colombian on-demand delivery startup that recently brought in a new round of funding at a valuation north of $1 billion. 

But there’s a problem, most of these on-demand and food delivery companies are private. The regular retail investor doesn’t have access or the opportunity to invest in them. That is why we are putting the focus on Driven Deliveries Inc. (OTC: DRVD).

The closest thing to Driven Deliveries is EAZE, a private marijuana delivery service based in San Francisco. EAZE is closing a $65 million venture capital funding round that would value the company in excess of $300 million, according to Axios [1]. With a similar model to Driven Deliveries, EAZE is essentially like an Uber for weed. EAZE currently only delivers in California but recently launched a marketplace for shipping cannabidiol products to 41 states and Washington D.C. But again, EAZE is a private company leaving Driven Deliveries (OTC: DRVD) is one of the only options for retail investors looking to capitalize on this growing trend.

Canada Had Its Turn, Now It’s All About the U.S.

According to Statista [2], the United States legal cannabis market is projected to be valued at $24.1 billion by 2025. And a recently introduced bill to Congress could catapult the industry to those record levels even quicker than originally expected.

The Secure and Fair Enforcement (SAFE) Banking Act, if passed, would allow federal banks to accept revenue from and provide banking services to businesses profiting from the sale of cannabis. The House and Financial Services Committee already voted 45 to 15 in favor of moving the legislation towards a vote.

The passing of this bill could send a lightning bolt straight through the heart of the U.S. cannabis market sparking industry growth that would trump what we saw in Canada after fully legalizing marijuana nationwide.

The SAFE banking act of 2019 could open the flood gates for the U.S. cannabis market. Forbes is predicting a combined yearly growth rate for North American marijuana sales to be 25% by 2021. To put that into perspective for you, the growth rate during the dot-com era was 22%.

The Amazon Touch

Driven Deliveries, Inc. (OTC: DRVD) is taking pages straight out of Amazon’s playbook. The company recently launched a new delivery model, Driven Direct. This will allow Driven Deliveries to work directly with brands and retailers to deliver a broad range of cannabis products directly to consumers.

amazon last mile

Driven Direct’s structure will resemble that of Amazon’s delivery model.  The program is designed to let entrepreneurs run their own local delivery networks featuring the Driven Deliveries logos. Each delivery unit will begin its day at a designated Driven station in California, where packages ordered from local retailers are then picked up by Driven Deliveries, Inc. drivers and delivered direct to the consumer. Location-based algorithms will determine which packages are sent to these delivery stations.

The program is critical in addressing the retailers’ primary transportation issue, last mile delivery. “Last Mile Delivery” is a term used in supply chain management and transportation planning to describe the movement of people and goods from a transportation hub to a final destination, in this case the consumer.

In 2018, the global last mile delivery market size was $30.2 billion and it is expected to reach $55.2 billion by the end of 2025, with a CAGR of 9.0% during 2019-2025. See the company press release.

But Everyone Wants to Be Like Amazon

We know what you’re thinking, of course a small company is going to want to resemble and try to replicate Amazon’s model and strategies. But how many companies trying to do so are being guided by former Amazon executives?

In February 2019, Driven Deliveries (OTC: DRVD) added Jerrin James to serve as the Chief Operating Officer. Mr. James is an accomplished global logistics and supply chain executive who has led operations, supply chain and logistics at technology giants such as Amazon, Groupon, and Facebook. Previously, he served as Head of Logistics at Facebook with global responsibility.

Mr. James was instrumental in optimizing end-to-end supply chain procedures, yielding significant efficiency gains in each one of his previous roles.  He possesses extensive experience leading and executing multichannel distribution, supply chain and logistics strategies across multiple continents for these extremely fast-paced high-growth companies. See the company press release.

The value of adding someone like Jerrin James is immeasurable. The fact that someone with his track record and experience wanted to take on an executive position with Driven Deliveries (OTC: DRVD) speaks volumes about what this company has going on. So, it is no surprise that just 1 month after adding Mr. James, Driven Deliveries launches Driven Direct, a similar delivery model seen in Amazon.

But Wait, There’s More!

As if adding a former Amazon, Facebook, and Groupon executive wasn’t impressive enough, Driven Deliveries took it one step further. In March 2019, the company added Adam Berk to their Board of Directors.

Mr. Berk is the founder and developer of the technology and logistics company that went on to become GrubHub Inc.

As we mentioned earlier, GrubHub, including Seamless and Eat24, owns 52% of the on-demand food delivery service market. Mr. Berk also currently serves as the Chief Executive Officer of Stem Holdings, a leading cannabis MSO (multi-state organization) that is fully vertically integrated, with operations developing in over 10 states. See the company press release.

CEO of Driven Deliveries, Chris Boudreau, had this to say about these two key personnel additions with regards to the launch of Driven Direct,

“Management has built a strong foundation of human capital via the recent additions of Mr. Jerrin James from Amazon and Mr. Adam Berk of Osmio (now GrubHub) Jerrin’s background in operations, large-scale processes and advanced technologies coupled with Adam’s skills in E-commerce and logistics, provide a strategic advantage that will help to make Driven Direct a success.  I’m confident that as the marijuana delivery market continues to evolve, bespoke services that address last mile delivery will become increasingly vital to the process.  We intend to move aggressively into this market and establish ourselves as the leader in this expanding industry.”


But this isn’t where the growth trail ends, but where it begins. The company’s LOI to acquire Ganjarunner, Inc. could become a game-changing deal for the company. Why? Aside from rapidly expanding the corporate footprint, the deal will add accretive revenue growth and an existing customer base. The transaction also could significantly expand Driven’s next day delivery network and service area along with Ganjarunner’s California cannabis delivery license.

Ganjarunner has shown continuous revenue growth since its inception. Since May of 2018 Ganjarunner has fulfilled over 17,000 deliveries to more than 6,000 customers and has experienced revenue growth of 54% to $2.6 million. Ganjarunner is rapidly expanding its existing customer base of over 10,800 customers and by adding over 1,300 new customers in Q1 CY2019 alone. Ganjarunner adds a solid revenue foundation to Driven as over 82% of Ganjarunner’s current business is from derived from repeat customers.

New Opportunities – Expansion Across US

Driven Deliveries, Inc. (DRVD) Enters $530 Million Nevada Cannabis Market

Driven Deliveries (OTC: DRVD) announced in mid-2019 that it has successfully launched operations in Nevada with Shango Marijuana Dispensary, one of the most successful stores in the State. The new endeavor provides Driven with a monumental opportunity to serve Las Vegas, the largest market in the State with massive tourism, and a central launch point for additional markets throughout Nevada.

Why Nevada?

The Nevada cannabis market has been growing at a rapid pace. Nevada retailers sold approximately $530 million worth of medical and recreational cannabis in 2018*. The $44.1 million in monthly revenue represents a 35% increase when compared to monthly revenue in 2017. According to New Frontier and Arcview Market Research, annual legal cannabis sales in the state are projected to grow to an estimated $629.5 million by 2020.

Shango Premium Cannabis is the leading medical and recreational medical dispensary license holder, grower and manufacturer in multiple states across the country. The Company currently owns cannabis-related licenses in Oregon, Washington and Nevada, with expansion plans that include retail, manufacturing and product distribution in Michigan, New Jersey and California in the cannabis market and nationwide for its CBD products.

Shango is vertically licensed to create a full range of award-winning cannabis products, including flower, extracts and cannabis-infused edibles, produced by expert cultivators and processors in Oregon, Nevada and Washington.

Another Big Market Move: Driven Deliveries Inc. (DRVD) Signs LOI to Acquire Cannabis Retailer, Mountain High Recreation

Driven Deliveries (OTC: DRVD) secured $2.5 Million in annual revenue and could significantly expand its product offerings! How? The company has signed a Letter of Intent to acquire cannabis retailer, Mountain High Recreation (MHR).

Operating primarily in Northern California, Mountain High Recreation currently offers marijuana for sale online, with a menu of cannabis flowers, concentrates, waxes, vapes, edibles, tinctures, CBD products, and accessories. The acquisition will enable Driven to expand its services to now include dynamic same day and intraday orders and delivery.

Driven Deliveries (OTC: DRVD) will now offer event-based sales and marketing through on-location mobile stores increasing its addressable market and audiences to include those traveling from out of state. With the acquisition, Driven Deliveries (OTC: DRVD)’s combined customer count will increase to nearly 40,000 while its brand portfolio will expand to more than 80 brands an overall transactions should exceed 45,000 deliveries annually.

It’s All About Growth

Driven Deliveries (OTC: DRVD) has homed in on two of the most rapidly growing industries in the market today, cannabis and on-demand technology. Separately, each industry provides tremendous growth for investors as company valuations continue to soar into the multi-billions. But there is just one company in the U.S. combining the two growth sectors into one unique, disruptive technology.

Driven Deliveries (OTC: DRVD) has first mover advantage while being led by a team of industry juggernauts. A well-rounded and experienced management team and board brings decades of knowledge and expertise from some of the largest, most successful companies in the world like Amazon, Facebook, and GrubHub. If such industry professionals are intrigued by what Driven Deliveries (OTC: DRVD) has to offer, don’t you think you should be too?

marijuana stock tilray

Endnotes:

[1] https://www.axios.com/marijuana-delivery-startup-e-1543414097-787855d9-9f5a-47de-83ed-c73acdc8b13f.html
[2] https://www.statista.com/statistics/765671/value-of-the-us-cannabis-market-current-and-future/

Disclaimer: Pursuant to an agreement between MIDAM VENTURES, LLC and a third party, Data Marketing Solutions Inc., Midam was hired for a period from 04/22/2018 – 5/22/2019 to publicly disseminate information about Driven Deliveries Inc. including on the Website and other media including Facebook and Twitter. We were paid $50,000 (CASH) for & were paid “0” shares of restricted common shares. We may buy or sell additional shares of Driven Deliveries Inc. Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.

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