CORAL GABLES, FL / ACCESSWIRE / February 15, 2019 / The marijuana stock market has remained in the spotlight over the course of the past two years as a result of a consistent stream of headlines entering the industry. The federal government has been, for a significant period of time, a stark opponent to marijuana, any business working with cannabis, and moreover the cannabis industry as a whole. However, as we've seen with the recent passing of legislation in support of legalization, perhaps the fed is slowly but surely shifting their stance on cannabis. If these trends remain consistent, this has the potential to attract more investors to the cannabis sector. Leafbuyer Technologies Inc (LBUY), CannTrust Holdings Inc (OTC PINK: CNTTF), Isodiol International Inc (OTCQB: ISOLF) and Acreage Holdings Inc (OTCQX: ACRGF) are four companies that could test February highs.
Leafbuyer Technologies Inc (LBUY) is one of the most comprehensive online resources for information related to cannabis and how to procure products currently available on the market. Founded back in 2012, the Company has since partnered with cannabis dispensaries and product companies across the U.S. market to bring high-quality legal cannabis deals to consumers. Leafbuyer's platform has been referred to as the industry's first one-stop-shop for cannabis advertising, education, and information. 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 (LBUY) announced earlier this week 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 (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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CannTrust Holdings Inc (CNTTF), one of Canada's leading producers of cannabis, announced earlier this week that the Company has appointed Greg Guyatt, CPA CA, as Chief Financial Officer effective February 19, 2019, further bolstering the Company's expert leadership team.
In response to the Company's appointment, Peter Aceto, CEO of CannTrust, said, "we are very pleased to have Greg join CannTrust and deepen the executive leadership team as we look towards our listing on the NYSE and beyond. On behalf of everyone at CannTrust, I would like to thank Ian Abramowitz for his financial leadership over the past two years and look forward to working with him in his new role as Senior Vice President of Global Investments and Partnerships."
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Isodiol International Inc (ISOLF) found itself in headlines earlier this week when the Company announced the acquisition of the CBD Naturals® beverage brands and intellectual property portfolio to be used for guaranteed product placement in over 1,000 U.S. retail locations. Per the details of the announcement, the transactions include the transfer to Isodiol's subsidiaries of substantially all of the intellectual property and inventory of Carlsbad Naturals LLC, a Wyoming limited liability company, and Carlsbad Naturals LLC, a New Mexico limited liability company.
Marcos Agramont, CEO of Isodiol, stated, "it is not a stretch to say Mr. Berry is personally responsible for both bringing the first CBD isolate-based products to market and popularizing them. As such, it is no surprise he has leveraged his success with Isodiol by reinvesting in even more advanced technologies and brands, not just with CBD but with numerous other cannabinoids."
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Acreage Holdings Inc (ACRGF) saw impressive gains in early afternoon trading on Friday, with shares up 5.91%, trading at $20.27 per share. The Company announced earlier this month that its subordinate voting shares had been listed on the open market of the Frankfurt Stock Exchange under the symbol " oVZ."
The Company's subordinate voting shares continue to be listed on the Canadian Securities Exchange under the symbol "ACRG.U" and on the OTC under the symbol "ACRGF."
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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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