Big Week for Cannabis Stocks- THC Therapeutics, Inc.
HENDERSON, NV / ACCESSWIRE / March 13, 2019 / This week cannabis stocks have seen a ton of big news. M&A activity, New Jersey's move toward legalization, and New York working toward it as well; investors should pay attention to this space.
One relatively under the radar cannabis company worth researching now, THC Therapeutics, Inc. (THCT). The company said the US patent office has accepted ALL 20 claims for their Marijuana dryer The dHydronator, which can reduce moisture content of Cannabis to 10% in only 10-14 hours. The dHydronator® also destroys harmful surface contaminants & pathogens. THCT is very much worth a look for cannabis investors.
Today we are highlighting: THC Therapeutics, Inc. (THCT), Canopy Growth Corporation (NYSE:CGC), Scotts Miracle-Gro Company (NYSE:SMG), Choom Holdings Inc. (CHOOF), and OrganiGram Holdings (OGRMF).
THC Therapeutics, Inc. (THCT) (Market Cap: $82.89M; Share Price: $6.30) has developed a sanitizing herb dryer, The dHydronator®, their laboratory-proven product is specifically designed for drying and sanitizing freshly harvested Cannabis and herbs. THCT's product has been tested by two independent laboratories, testing covered over 6 strains and 9 independent tests to confirm the findings.
As we mentioned earlier, the US patent office has accepted ALL 20 claims for The dHydronator®, this is BIG. Start your research today.
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Canopy Growth Corporation (CGC) (Market Cap: $9.398B; Share Price: $46.76) reported Q3 financials recently of revenue rising by 282% in the quarter, the company sold over 20,000 pounds of cannabis in the quarter, a 334% increase from Q3 2018.
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Scotts Miracle-Gro Company (SMG) (Market Cap: $4.492B; Share Price: $81.17) entered the cannabis industry through their subsidiary Hawthorne Gardening subsidiary went on a shopping spree with a string of acquisitions. Now, Hawthorne is the largest supplier of hydroponics solutions to U.S. marijuana growers. The company also supplies products including fertilizers, lighting systems, irrigation systems, and ventilation systems.
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Choom Holdings (CHOOF) (Market Cap: $106.110M; Share Price: $0.59145) announced it is entering the United States, starting with the state of New Jersey. Choom through its wholly owned US subsidiary, Choom Holdings USA Inc., has signed a letter of intent to purchase an equity interest in a New Jersey based medical retail dispensary applicant in New Jersey's upcoming Request of Applications that also intends to enter into recreational cannabis retail upon legalization, which is anticipated in 2020.
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OrganiGram Holdings (OGRMF) (Market Cap: $874.472M; Share Price: $6.75) recently announced that it had signed a Letter of Intent with the province of Quebec that will make it just the third licensed cannabis producer to have a distribution agreement in all 10 provinces.
Legal Disclaimer:
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a three-month term consulting agreement with THCT dated 2/14/18. The agreement calls for 50,000 restricted shares of THCT per month. All payments were made directly by THC Therapeutics, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. THCT was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
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