CORAL GABLES, FL / ACCESSWIRE / December 26, 2018 / A poll by Gallup has shown that as many as 64% of Americans support the legalization of cannabis and agree that it is a safe plant with a large amount of health benefits. In tandem with these statistics, marijuana stocks have seen quite a bit of excitement this year. With 2019 only a week away, Premier Health Group (OTC:PHGRF) (CSE:PHGI), Aurora Cannabis (ACB), Tilray Inc (TLRY), and Aphria Inc (APHA) are 4 marijuana stocks to pay attention to heading into the New Year.
Earlier this month, Premier Health Group (OTC:PHGRF) (CSE:PHGI) hit highs of 0.80 to mark a move of more than 30% over the course of the last 30 days. The company has been largely focusing its efforts on growth in the healthcare and cannabis industries. Last week, The Company announced that it has signed a binding LOI to acquire all of the outstanding securities of Cloud Practice Inc.
Dr. Essam Hamza, CEO of Premier Health, said,''We are ecstatic at the opportunity to build on our patient-centric technology platform through the integration of Cloud Practice's suite of software solutions. They have a strong team of developers who are just as enthusiastic as we are about the future of healthcare. We believe that this partnership will help facilitate our vision of integrating telemedicine, online booking, and other premium services with our electronic medical record (EMR) system.''
According to the company's announcement, Cloud Practice already has a tremendous standalone and growing business serving thousands of clinicians and millions of patients. The collective ecosystem of over 3,000,000 patients creates an opportunity to become a key player in the telehealth space in Canada.
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Aurora Cannabis (ACB) made headlines earlier this month when the Company announced that it had entered into an agreement to invest $10 million by way of a brokered private placement in High Tide Inc., a privately held, Alberta-based, retaiol-focused cannabis and lifestyle accessories company.
"In addition to four operational cannabis retail stores, High Tide has developed a broad network of smoking accessories and cannabis lifestyle stores that feature unique products, supported by strong branding that has resonated well with Canadian consumers," said Terry Booth, CEO of Aurora. "Through our investment, we gain exposure to two unique retail store concepts currently launching across Canada, as well as established cannabis culture brands and thousands of proprietary accessories. We look forward to working with the team at High Tide and supporting them as they execute on their aggressive growth strategy.''
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Tilray Inc (TLRY) announced, several weeks ago that the Company would be partnering up with AB InBev, one of the world's leading beverage producers, to research non-alcohol beverages containing tetrahydrocannabinol (THC) and cannabidiol (CBD). The partnership is limited to Canada and decisions regarding the commercialization of the beverages will be made int he future.
''We are delighted to be joining forces with a world-leading beverage company, AB InBev, to research how to create enjoyable cannabis beverage products. Tilray and AB InBev share a commitment to responsible product development and marketing, and we look forward to beginning our work on this important partnership as Tilray continues to pioneer the development of a professional, transparent, and well-regulated cannabis industry,'' said Brendan Kennedy, CEO of Tilray.
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Aphria Inc, (APHA), one of Canada's leading producers of medical cannabis, announced at the tail-end of last week that the Company had completed its second shipment of approximately 20 kg of medical cannabis to its Australian-based partner Althea Company Pty Ltd.
According to the official press release, under a previously announced supply agreement with Althea, Aphria is providing packaged co-branded cannabis oil and dried flower products for the Australian medical cannabis market. Prior to shipment, the Australian Governments' Office of Drug Control issued an import certificate and Health Canada issued an export certificate.
''We are thrilled to complete this second shipment and by the fast-growing demand for Aphria co-branded medical cannabis in Australia,'' said Jakob Ripshtein, President of Aphria.''Through investments and valuable partners like Althea, Aphria continues to execute on its strategic plan for international expansion, growing our presence in high-value global markets.''
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