CORAL GABLES, FL / ACCESSWIRE / March 18, 2019 / The marijuana stock market has garnered significant media attention over the last few months as the ancillary industry has quickly shifted from being a lesser-known collective of companies to a valuable asset that investors are hot to have in their portfolios. Perhaps the most important reason that investors are interested in ancillary cannabis companies, rather than pure-play cannabis stocks, is that these tertiary companies are not nearly as volatile. This sect of the cannabis sector covers a myriad of companies relating to everything from packaging to digital and more. All in all, the cannabis sector is worth looking into for anyone looking for an alternative, but potentially lucrative, investment opportunity. American Premium Water Corporation (OTC:HIPH), iAnthus Capital Holdings Inc (ITHUF), TILT Holdings Inc (SVVTF), and Aphria Inc (NYSE: APHA; TSX: APHA) are 4 pot stocks raising the bar on Monday.
American Premium Water Corporation (OTC:HIPH) is a company you may not have heard of but could benefit from taking a look at. The Company is a luxury consumer products corporation invested in discovering different use cases for the molecular potential of hydrogen, as well as nanotechnologies, in congruence with cannabidiol (CBD) to optimize product offerings to treat health disorders and enhance the quality of life for consumers.
American Premium Water Corporation (OTC:HIPH) today announced that the Company has an agreement with Hanlons Brewery in England produce beer infused with CBD using the Company's proprietary formulation. Testing will begin immediately on the combination of the Company's proprietary hydro-nano CBD formulation with Hanlons' beer, with a commercial sale to be determined at a later date.
Following the announcement, Ryan Fishoff, Chief Executive Officer of American Premium Water Corporation (OTC:HIPH), said, ''I am excited to announce that the Company has entered into an agreement with Hanlon's brewery in the UK. This is a very exciting partnership that provides numerous possibilities for monetization, and brand recognition on the European continent. The liquor and beer industry has been very fascinated with the introduction of CBD into the market, and this partnership affords us the opportunity to step into the discussion with the larger players in the market. We're going to begin experimenting with the process of combining beer and the CBD formulations immediately.
iAnthus Capital Holdings Inc (ITHUF) today announced that it has completed the private placement offering of $35 million of unsecured convertible notes and corresponding warrants to three investors. The proceeds from the offering will be applied to continue the build-out of facilities across the Company's 11-state footprint.
Hadley Ford, Chief Executive Officer of iAnthus, stated, ''with the closing of the transaction with MPX Bioceutical Corporation in early February, iAnthus remains driven to become a market leader across our 11-state platform. This financing allows the Company to simultaneously strengthen our balance sheet, deepen our investor base, and fund our growth capital."
TILT Holdings Inc (SVVTF), a leading provider of products and services to businesses operating in the cannabis industry, announced at the tail-end of last week that the Company's common shares have been approved to begin trading on the OTCQB Venture Market.OTCQB is considered by the U.S. Securities and Exchange Commission as an "established public market" for the purpose of determining the public market price when registering securities for resale with the SEC.
Following the announcement, Alex Coleman, Chief Executive Officer of iAnthus, said, ''we expect that trading on the OTCQB will increase TILT's access for U.S. institutional and retail investors, allowing them to participate in the significant growth opportunity we are seeing across North America and select international markets. We anticipate increased awareness and understanding of our distinctive business model and growth strategy as a result of our listing on this market.''
Aphria Inc (APHA) announced earlier this month that Health Canada had granted the Company its license amendment, permitting Aphria to commence production in an additional 800,000 square feet of facilities at its Aphria One location, as part of the Company's completed Part IV and Part V expansions.
Following the announcement, Irwin Simon, Interim CEO of Aphria, said, "this is a major milestone for Aphria on its path to becoming a leading global cannabis producer, as well as a positive development greatly anticipated by the Canadian cannabis industry. Aphria's progress expanding production and automation is essential to our strategy of securing scale and long-term advantages that enable the evolution of the cannabis industry through product and brand innovation.''
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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 Hampton Media, a 3rd Party, Midam has been paid $20,000 for a period from December 21, 2018, to January 21, 2019, to cover American Premium Water Corporation (HIPH). Midam has been compensated an additional $20,0000 by Hampton Media, a 3rd Party, for a period of coverage from February 12, 2019, to March 12, 2019. We may buy or sell additional shares of (HIPH) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about American Premium Water Corporation (HIPH). Please click here for full disclaimer.
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