TLRY - 4 Marijuana Stocks Leading The Market Surge On Thursday (2/7/19)
CORAL GABLES, FL / ACCESSWIRE / February 7, 2019 / The marijuana stock industry, since its inception, has managed to consistently hold a place in the spotlight. As share prices rise, investors looking to the cannabis sector grow more excited and are hungry for companies looking for new and innovative ways to incorporate medicinal/recreational cannabis into the lives of consumers. As a result of recent legislation in favor of legalizing marijuana, public opinion has turned largely favorable, with consumers considering cannabis for uses in their lives that they previously didn't consider. As the cannabis sector garners more public approval, companies in the space may see investors paying closer attention in the near future. Premier Health Group (OTC: PHGRF) (CSE: PHGI), CannTrust Holdings Inc (OTC PINK: CNTTF), Canopy Growth Corp (NYSE: CGC) (TSX: WEED), and Tilray Inc (NASDAQ: TLRY) represent four pot stocks that could set the standard on Thursday.
Premier Health Group (OTC: PHGRF) (CSE: PHGI) is a company focused on developing innovative approaches that combine human skill-based expertise with state-of-the-art technologies used throughout the healthcare industry to create the best-possible care solutions for their growing patient network. The Company has made great strides over the last few months, as its executive leadership has insisted on investing in acquisitions and products meant to demonstrate to consumers that Premier has its eyes on the future.
Premier Health Group (OTC: PHGRF) (CSE: PHGI) today announced that the Company is now formally entering the cannabis clinic space. Premier's recent acquisition of Cloud Practice Inc has provided an underlying platform to help empower and streamline patient-doctor interaction. Whereas other clinics typically struggle with the labor-intensive process of onboarding patients, this will be done automatically with Premier's smart EMR.
The healthcare professional need only identify patients who could benefit from medical cannabis, and Premier Health Group (OTC: PHGRF) (CSE: PHGI)'s integrated technology will assess the patient's data, and through the use of analytics, output a comprehensive recommendation along with links to corresponding research relevant to the diagnosis.
Dr. Essam Hamza, CEO of Premier Health Group (OTC: PHGRF) (CSE: PHGI), commented, "We are currently working on a partnership model to hard code the decision-making process into the Electronic Medical Records (EMR). There has been a critical gap between the patient's need for medical cannabis and the doctor's knowledge and comfort level in prescribing it. At Premier we understand the frustration felt from both the patient and the doctor and are integrating what we think is a revolutionary process. This new tool will allow us to provide a much-needed service to the 287 clinics and almost 3 million patients in our ecosystem."
For More Information On Premier Health Group, Click Here
CannTrust Holdings Inc (CNTTF) announced in late-January that the Company had obtained the necessary permitting from the Town of Pelham to proceed with its Phase III expansion with the construction process set to commence immediately. The revised Phase III expansion is permitted for a footprint of up to 390,000 square feet, compared to the 600,000 square feet in the Company's initial application. However, with enhancements to the Phase III facility above and beyond the specifications initially contemplated, CannTrust maintains its total production capacity forecast of 100,000 kg per year after completion of the Phase III construction.
Peter Aceto, CEO of CannTrust, stated, "the demand for our medical and recreational products continues to be well in excess of supply and we are keen to move ahead with the Phase III expansion and meet our capacity targets. We also continue to evaluate several strategic alternatives to meet and increase our initial production capacity goals."
For More Information on CannTrust Holdings Inc, Click Here
Canopy Growth Corp (CGC) (WEED) has seen its company shares increase by nearly 70% since the beginning of the new year. The Company today announced that they will increase their total investment in Canopy Rivers Inc by $30 million. Per the details of the announcement, the investment will be made through a private placement of subordinated voting shares in the capital of Canopy Rivers concurrent with canopy rivers bought deal offering of Subordinate Voting Shares for gross proceeds of approximately $55 million.
Bruce Linton, Founder, and Co-CEO, Canopy Growth, said, "the advantage of a strengthened Canopy Rivers/Canopy Growth relationship is that it accelerates and de-risks execution for invested companies. The strength of the Canopy Rivers team, coupled with their selective approach to business development and execution of strategic investments, creates value for shareholders and for Canopy Growth."
For More Information On Canopy Growth Corp, Click Here
Tilray Inc (TLRY), a global leader in cannabis production, research, cultivation, and distribution, today announced the expansion of its global senior leadership team with the appointment of Sascha Mielcarek as Managing Director, Europe.
Per the details of the appointment, Sascha Mielcarek comes to Tilray with over 18 years of experience in the pharmaceutical industry bringing extensive global commercial sales and marketing expertise in international markets such as the U.S., Europe and Latin America. Sascha most recently was at Grünenthal as Global Head of Gout Business Unit & Alliance Implementation Lead.
For More Information On Tilray Inc, Click Here
What Is Stock Price (StockPrice.com)?
Stock Price is defined as the price of a single share of a number of saleable stocks of a public company. A stock price is the highest amount an investor or trader is willing to pay for the stock, or the lowest amount that it can be bought for.
StockPrice.com was created for everyone that wants the latest stock quotes, stock charts, company news, and the best financial content.
At Stock Price (StockPrice.com), you get free stock quotes, up-to-date news, international market data, social interaction and the best financial content that will help you manage your financial life.
Legal Disclaimer
Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. JSG Communications, LLC which owns www.StockPrice.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.
JSG Communications, LLC, which owns www.StockPrice.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. JSG Communications, LLC, which owns www.StockPrice.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two.
Pursuant to an agreement between MIDAM VENTURES, LLC and Premier Health Group Inc. we were hired for a period from 10/1/2018 - 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 ( CASH) for & were paid "500,000" shares of restricted common shares (as of 1/2/2019). We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the "500,000" shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Please click here for full disclaimer.
Contact Information:
SOURCE: StockPrice.com