CORAL GABLES, FL / ACCESSWIRE / January 10,2019 / The marijuana industry has occupied media headlines over the course of the past year to two years, during the course of which top players in the industry saw huge boosts in investor interest. With the increase of capital andsheer amount of business entering the market, the nascent cannabis sector has shown exciting promise in terms of opportunities for investors looking tothe space. As marijuana has garnered more favorable public opinion, the industry, as well as the market, has responded positively, in turn. With the new year in full swing, Leafbuyer Technologies Inc (LBUY), New Age Beverages Corp (NBEV), Cronos Group Inc (CRON) (CRON), and KushCo Holdings Inc (KSHB) are 4 pot stocks that could make moves on Thursday.
Leafbuyer Technologies Inc (LBUY) is a company you may not have heard of, but could greatly benefit from looking into. The Company has been referred to as the "Priceline of Pot" by several sources, and similarly to the site which provides travel deals, Leafbuyer is the most comprehensive online source for cannabis deals and specials.
Leafbuyer Technologies Inc (
Leafbuyer Technologies Inc (LBUY)'s CEO said, "The sky is the limit with blockchain. The technology will help shape the cannabis industry and open doors to new revenue possibilities for Leafbuyer. We want to offer the highest level of transparency with customers, and blockchain will help us accomplish this goal."
New Age Beverages Corporation (NBEV) wowed market analysts and investors towards the end ofDecember, when they announced that they had closed on the merger with Morinda Holdings, Inc., a Utah-based healthy beverages and lifestyles company with operations in more than 60 countries.
Brent Willis, Chief Executive Officer of New Age Beverages commented, "Since the announcement of the merger, we have been extremely busy. New Age continues to secure major national retail distribution on its key brands, and Morinda has been rapidly expanding its new Noni+Collagen brand globally. More cost synergies are emerging from the convergence teams and the countries are extremely enthusiastic about the potential of New Age's current and impending brand portfolio through their system. Integration is already well on track, and we have a high degree of confidence in our plans for 2019."
Cronos Group Inc. (CRON) made headlines earlier in December when the Company announced it had entered into a subscription agreement with Altria Group, Inc. pursuant to which Altria agreed to make an approximately $2.4 billion equity investment in Cronos Group on a private placement basis in exchange for common shares in the capital of the Company.
In a press release regarding the matter, Cronos Group's Mike Gorenstein, Chairman, Presidentand Chief Executive Officer said, "Altria is the ideal partner for Cronos Group, providing the resources and expertise we need to meaningfully accelerate our strategic growth. The proceeds from Altria's investment will enable us to more quickly expand our global infrastructure and distribution footprint, while also increasing investments in R&D and brands that resonate with our consumers. Importantly, Altria shares our vision of driving long-term value through innovation, and we look forward to continuing to differentiate in this area."
KushCo Holdings, Inc (KSHB), the parent company of innovative industry leaders such as Kush Supply Co., Kush Energy, The Hybrid Creative, and several other entities, which provide a range of services and products in the regulated cannabis and CBD industries, announced early last week that it will issue its fiscal first quarter 2019 results press release on January 8,2019 after U.S. markets close.
According to the announcement, Nick Kovacevich, Chief Executive Officer ofKushCo, and Chris Tedford, Chief Financial Officer, will be conducting a question and answer session following their prepared remarks.
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.
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 an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), 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. 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.