Advertisement
U.S. markets open in 1 hour 18 minutes
  • S&P Futures

    5,307.25
    -1.00 (-0.02%)
     
  • Dow Futures

    40,159.00
    +15.00 (+0.04%)
     
  • Nasdaq Futures

    18,499.25
    -4.50 (-0.02%)
     
  • Russell 2000 Futures

    2,142.70
    +4.30 (+0.20%)
     
  • Crude Oil

    82.44
    +1.09 (+1.34%)
     
  • Gold

    2,233.50
    +20.80 (+0.94%)
     
  • Silver

    24.70
    -0.05 (-0.21%)
     
  • EUR/USD

    1.0792
    -0.0037 (-0.35%)
     
  • 10-Yr Bond

    4.1960
    0.0000 (0.00%)
     
  • Vix

    13.03
    +0.25 (+1.96%)
     
  • GBP/USD

    1.2621
    -0.0017 (-0.13%)
     
  • USD/JPY

    151.3260
    +0.0800 (+0.05%)
     
  • Bitcoin USD

    70,440.12
    +179.95 (+0.26%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.37
    +20.39 (+0.26%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

3 Marijuana Stocks in Focus for August 2018

CORAL GABLES, FL / ACCESSWIRE / August 3, 2018 / The time is coming and in roughly two months, Canada is set to change the way marijuana is sold. No longer will there be the veil of secrecy or black-market sales. Following the passage of the Cannabis Act on June 19, Canada will become the first G7 country to legalize recreational marijuana. This, in turn, will also open the door to what could be the addition of $5 billion in added annual sales. This is in addition to what the industry is already generating. With this, Canada will be on a world stage as other industrialized countries watch and wait to see the resulting response to this move for legalization

As this industry ramps up, investors shift focus to the market for opportunity. Companies are getting involved in anything from technology to growing and everything in between in order to take advantage of the green rush ahead.

Companies like Leafbuyer Technologies (LBUY) are getting involved on a leading edge and targeting to growing retail demand for cannabis. Through its site, Leafbuyer.com the company showcases unique products and builds a network of loyal patrons. Leafbuyer's national network of cannabis deals and information reaches millions of consumers every month.

The company recently announced that it continues to see strong sales growth. That sales growth has increased by over 50% from Q4 2017 to Q4 2018. Furthermore, the company reported annual website traffic growth to Leafbuyer.com of 375% and traffic from California and Florida has increased by 740% and 800% year to year, respectively.

For More Information On Leafbuyer Technologies, Click Here

Cronos Group Inc. (NASDAQ: CRON; TSX: CRON) has been climbing in price since Thursday morning. The company has a host of holdings within the cannabis industry. Cronos Group owns 100% of Peace Naturals, a company licensed to produce and sell medical marijuana as well as cultivate cannabis oil, acting under the authority of a license issued by Health Canada pursuant to the Access to Cannabis for Medical Purposes Regulation. Located in Simcoe County, Ontario, Peace Naturals has 95 acres of land.

Cronos Group also owns 100% of Original BC, a company that is currently licensed to cultivate and sell medical marijuana, acting under the authority of a license issued by Health Canada pursuant to the Access to Cannabis for Medical Purposes Regulation. Original BC is located on 31 acres of land in Okanagan Valley, British Columbia.

Since Thursday's opening bell, shares of Cronos Group are up by as much as 5% with Friday morning highs of $6.08

For More Information On Cronos Group, Click Here

iAnthus Capital Holdings, Inc. (ITHUF) (IAN.CN) operates, and partners with licensed cannabis operations throughout the United States. Roughly two weeks ago the company announced that its wholly-owned subsidiary, Citiva Medical, LLC, has begun construction on its 39,500 sq. ft. medical cannabis cultivation and processing facility, located at the former Mid-Orange State Correctional Facility in the Town of Warwick, New York.

Citiva is one of only ten New York State licensed medical cannabis Registered Organizations. The subsidiary received its license to operate one cultivation/processing facility and four dispensaries on August 1, 2017.

Shares of iAnthus have climbed 17% over the last 4 trading sessions.

For More Information On iAnthus, Click Here

About marijuanastocks.com

MarijuanaStocks.com is the leading web destination for all things cannabis. Investors can find marijuana-related financial, medical, legal, and social news anytime day or night. Writers are invited to submit cannabis related articles for publication.

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. 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 an affiliate of MAPH Enterprises, LLC owner of MarijuanaStocks.com and Leafbuyer Technologies, Inc, we were hired for a period from 2/2/2018 - 5/2/2018 NOW EXTENDED TO 10/2/2018 to publicly disseminate information about (LBUY) including on the Website and other media including Facebook and Twitter. We are being paid $100,000 (CASH) for & were paid ''77,000'' shares of restricted common shares. We own zero shares of (LBUY), which we purchased in the open market. Once the (6) Six month restriction is complete on 8/2/2018 we plan to sell the ''77,000'' shares of (LBUY) 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 (LBUY) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information

Contact Information:

pr@marijuanastocks.com

SOURCE: MarijuanaStocks.com

Advertisement