TGIFF - 4 Marijuana Stocks Reaching New Highs on Latest Headlines
CORAL GABLES, FL / ACCESSWIRE / February 13, 2019 / The medicinal and recreational cannabis industry has drastically reshaped the marijuana stock market on a global scale. Over the last few years, consumers and investors have collectively begun to view marijuana in a more positive light. Following the passing of legislation in favor of legalizing cannabis, companies in the space are innovating nuanced approaches to their product offerings, which could spell out a true first-mover advantage as we continue into the new year. If these beneficial trends remain consistent, this has the potential to attract more investors to the cannabis sector. Leafbuyer Technologies Inc (OTC: LBUY), 1933 Industries Inc (OTCQX: TGIFF), Aphria Inc (NYSE: APHA, TSX: APHA), and CannTrust Holdings Inc (OTC PINK: CTNFF) are 4 pot stocks that could surge following today's headlines.
Leafbuyer Technologies Inc (OTC: LBUY) is unlike other companies in the cannabis industry in that their entire focus is on improving consumer access to information on marijuana. Leafbuyer has been heralded as one of the most comprehensive online resources for information related to cannabis and as well as how to procure products currently available on the market. Leafbuyer develops strategic partnerships with cannabis brands and businesses to highlight their unique products and convey their quality to consumers. The Company, through its subsidiary, LB Media Group LLC, operates an online platform for trending cannabis deals and specials and has been lauded as the most comprehensive source for ascertaining cannabis-related information.
Leafbuyer Technologies Inc (OTC: LBUY)'s determination to be the main resource for consumers looking for insightful knowledge on cannabis products has elevated them to the point of being one of the leaders in the industry. The Company's platform has been referred to as the "priceline of pot" by cannabis experts and analysts in the industry, because of the ease of access for consumers looking to learn, find, or research anything about the cannabis market.
Leafbuyer Technologies Inc (OTC: LBUY) yesterday announced that the Company has expanded its operations into the emerging Oklahoma medical cannabis market. Back in June 2018, Oklahoma voters passed legislation in favor of legalizing medical marijuana. Following the vote, patients can now register for medical marijuana and be authorized for any condition a doctor deems necessary.
Following this announcement, Leafbuyer Technologies Inc (OTC: LBUY)'s CEO, Kurt Rossner, commented, "we see major potential in the Oklahoma market to help boost the growth of our company. Through marketing and advertising initiatives, we have nearly three dozen dispensaries utilizing our marketing services after just two weeks of in-state contact. Along with sales, we're focusing our efforts on broadcast and out of home marketing channels to help drive traffic to the site and, ultimately, put consumers inside our dispensary clients' businesses."
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1933 Industries Inc (TGIFF), a licensed cultivator and producer of cannabis flower and manufacturer of hemp/CBD products, today reported that its subsidiary, Infused MG, continues to expand its reach across the US and has attained product distribution into 46 states. The Company has an established e-commerce presence, sales agents, call-center, and a dedicated sales/marketing team who work directly with each retailer.
Chris Rebentisch, USA Chief Operating Officer for 1933 Industries, commented, "owning our distribution is key to our growth strategy and to our success, ensuring that our branding and messaging is properly delivered. Our operational expertise and excellence have set the benchmark for product manufacturing, distribution, and compliance in Nevada."
For More Information On 1933 Industries Inc, Click Here
Aphria Inc (APHA) had enjoyed impressive gains in the market following the momentum gained from their announcement earlier this month. After holding a special Board of Directors meeting, the Board decided to reject the hostile bid offer by Green Growth Brands Inc that would see the Company lose all outstanding common shares in exchange for 1.5714 shares of Green Growth.
The Board shared that the deal would result in Aphria shareholders effectively giving GGB shareholders a 36% interest in Aphria in exchange for shares in a company with limited operations or other experience in the cannabis industry.
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CannTrust Holdings Inc (CNTTF), the 2018 Canadian Cannabis Awards 'Top Licensed Producer of the Year,' announced in late January that the Company had obtained all necessary permitting from the Town of Pelham to continue with its Phase III expansion project.
Per the details of the plan, the Company intends to construct a facility of up to 390,000 square feet, allowing CannTrust to maintain its total production capacity forecast of 100,000 kg per year once the project is completed. In addition to the size of the facility, enhancements will also include investing in automation and a higher level of climate control.
For More Information On CannTrust Holdings Inc, Click Here
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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. MAPH Enterprises LLC which owns www.MarijuanaStocks.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.
MAPH Enterprises LLC, which owns www.MarijuanaStocks.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. MAPH Enterprises LLC, which owns www.MarijuanaStocks.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 Leafbuyer Technologies Inc., Midam is being paid $50,000 for a period of 30 days beginning November 1, 2018, and ending November 30, 2018. Midam has been paid an additional $50,000 and 40,000 common restricted shares of Leafbuyer Technologies, Inc. extending the contract another 30 days ending December 31, 2018. Midam has been compensated an additional $50,000 and has extended its period of coverage to January 31, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to March 1, 2019. We own 77,000 shares of Leafbuyer Technologies. We may buy or sell additional shares of (LBUY) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Leafbuyer Technologies Inc. For previous compensation and disclaimer information, click here.
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