CORAL GABLES, FL / ACCESSWIRE / March 20, 2019 / The marijuana stock market has fluctuated between highs and lows for some time now. In recognition of the market's volatile nature, one would think it probable to avoid trekking down the investment road, but this, herein, lies a missed opportunity for some, and the potential to see impressive gains for others. The cannabis industry is unique from other sectors in the market, meaning that getting financially involved tends to look a little different. First of all, investors typically invest in cannabis companies with the most impressive market capitalizations but completely overlook companies with small to mid-range market caps. Unlike their larger counterparts, these smaller entities aren't bogged down by bureaucratic obstacles. All in all, investors looking for potentially lucrative opportunities could benefit from keeping tabs on the cannabis sector. Leafbuyer Technologies Inc (OTC:LBUY), Aurora Cannabis Inc (NYSE: ACB, TSX: ACB), Shineco Inc (NASDAQ:TYHT), and New Age Beverages Corp (NBEV) represent 4 marijuana stocks leading Wednesday's bull charge.
Leafbuyer Technologies Inc (OTC:LBUY) is the most comprehensive online resource for information related to cannabis, as well as how to procure products currently available on the market. Nowadays, consumers depend on online resources to research the products they are interested in buying and, prior to Leafbuyer's platform, there hadn't been a reliable source for information on cannabis and related products. In recognition of this growing trend to do one's homework, Leafbuyer has become the authority on cannabis-related information.
Leafbuyer Technologies Inc (OTC:LBUY) last week announced the official launch of the leading mobile application, Greenlight, in Colorado and Oklahoma. The news follows a November 8, 2018 press release announcing the Company's acquisition of Greenlight. Through the Greenlight app, consumers can preorder their favorite cannabis products from participating dispensaries and skip the line when they go to pay and pick them up.
Following the announcement, Kurt Rossner, Chief Executive Officer of Leafbuyer Technologies Inc (OTC:LBUY), said, "in this fast-paced industry, we need to stay ahead of technology and continuously improve our offerings to drive more value to our clients. Greenlight is one more platform we have that separates us from our competition, inherently making Leafbuyer a more attractive option to dispensary clients nationwide."
Aurora Cannabis Inc (ACB) announced earlier this month that the Company had appointed Nelson Peltz as a Strategic Advisor. Mr. Peltz and Aurora will work collaboratively and strategically to explore potential partnerships that would be the optimal strategic fit for successful entry into each of Aurora's contemplated market segments. Mr. Peltz will also advise on the Company's global expansion strategy.
In response to the appointment, Mr. Peltz said, "I believe Aurora has a solid execution track record, is strongly differentiated from its peers, has achieved integration throughout the value chain and is poised to go to the next level across a range of industry verticals. I also believe that Canadian licensed producers, and Aurora, in particular, are well positioned to lead in the development of the international cannabis industry as regulations evolve, with a strong, globally replicable operating model."
Shineco Inc (TYHT), a producer and distributor of Chinese herbal medicines, organic agricultural produce, and other health plant-based products in China, earlier this week announced that the Company has established a wholly-owned subsidiary, Beijing Tenjove Newhemp Biotechnology Co, Ltd on March 13, 2019, to capture growth in the industrial cannabis market.
Yuying Zhang, Chairman, and CEO of Shineco, said, ''we believe that the new business line of industrial cannabis will likely enrich and draw on the Company's longtime experience in the comprehensive utilization of hemp plants and position the Company to become one of the world's leading experts in the industrialization of hemp-based plants. We expect our plan to create greater value and return to our shareholders and investors."
New Age Beverages Corp (NBEV), Colorado and Utah-based organic and natural beverages company, announced the appointment of Amy Kuzdowicz to its Board of Directors at the tail-end of February. Ms. Kuzdowicz is currently the Senior Vice President and Chief Accounting Officer of Jack Entertainment LLC. She was previously CFO for Rock Ohio Caesars, Vice President of Finance and Corporate Controller for Panera, Vice President of Americas Business Services for Reuters, and Director of Finance for Herman Miller. Ms. Kuzdowicz began her career at Arthur Andersen and worked both in the US and internationally, where she specialized in the gaming industry and emerging markets.
Brent Willis, Chief Executive Officer for New Age, said, "the addition of Amy to the Board of New Age, really strengthens it and rounds out the collective experience and skill set with the depth of financial expertise. We expect that she will be a great Head of our Audit Committee, and help further drive financial discipline and lead our financial controls to the next level. We are confident she will bring tremendous leadership and different perspectives to an already outstanding Board of Directors."
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. 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 by Leafbuyer Technologies 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. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to April 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. Contact Information:
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