Watch These 4 Marijuana Stocks On Monday (1/14/19)
CORAL GABLES, FL/ ACCESSWIRE / January 14, 2019 / The cannabis industry has been notoriously successful over the course of the past several years. With the recent increase in capital and sheer amount businesses entering the market, the nascent sector has seen unprecedented growth in marijuana stocks. As public opinion surrounding cannabis becomes increasingly more favorable, the marijuana industry may begin to present an appealing opportunity for investors looking into space. As experts and professionals in the field work to develop innovative approaches to developing products utilizing cannabis/hemp, the industry as a whole may benefit. ParcelPal Technology Inc (PTNYF) (PKG), Youngevity International Inc (YGYI), Tilray Inc (TLRY), and Charlotte's Web Holdings Inc (CWBHF) (CWEB.CN) are 4 pot stocks that are gaining tread on Monday.
ParcelPal Technology Inc (PTNYF) (PKG), along with other companies in the space, is taking advantage of the fact that, as technology has evolved over the years, so too has the industry surrounding delivery apps and their growing popularity. The opportunity that ParcelPal may be presenting now draws comparisons to the way early investors had an opportunity with companies like Uber and Grubhub before they went mainstream in the US.
ParcelPal Technology Inc (PTNYF) (PKG) created an on-demand marketplace where customers can shop for anything from food to clothes, and customers need only shop from the app, choose the items they want, and wait for the delivery within one hour.
In recent news, ParcelPal Technology Inc (PTNYF) (PKG)'s President and CEO Kelly Abbot provided investors with a corporate update, via a press release issued last week, which shared all significant accomplishments from the company throughout the duration of 2018.
Following this announcement, President and CEO Kelly Abbott said, "We are continuously executing on our strategic plan, attracting potential partnerships, and looking at further city expansions. The opportunities are endless for evolution and revenue diversification within the on-demand delivery industry. We have been reinvesting into our technology platform and have begun to scale our service across Canada and now into the United States."
For More Information On ParcelPal Technology Inc, Click Here
Youngevity International Inc (YGYI), a leading omni-direct lifestyle brand, announced that it would be adding Icelandic Glacial, multifaceted lineup of lifestyle brands in the health, wellness, and food and beverage industries by agreeing to an exclusive sales and marketing agreement with the brand, according to the press release regarding the announcement.
Steve Wallach, CEO of Youngevity International, said, "I'm ecstatic to have a brand like Icelandic Glacial join the Youngevity team. Icelandic Glacial offers a product unlike anything else on the market.Its rare, naturally occurring high pH level and unique lava rock filtering system certainly set it apart. But beyond that, Icelandic Glacial is the world's first Carbon Neutral bottled water company. It's perfectly positioned to serve not only customers who want a pure tasting water that makes them feel and perform their best, but also eco-friendly consumers who want to make sure their money goes to brands with a conscience."
For More Information on Youngevity International Inc, Click Here
Tilray Inc (TLRY), a global pioneer in production, research, and distribution of medicinal cannabis, announced in mid-December that its wholly owned subsidiary, Tilray Canada Ltd, had entered into a global framework agreement to collaborate with Sandoz AG, a global leader in generic pharmaceuticals and biosimilars and a part of Novartis group, to increase availability of high quality medical cannabis products across the world.
In response to the agreement, Brendan Kennedy, Tilray's Chief Executive officer, said, "This agreement represents a major milestone in the movement to provide access to safe, GMP-certified medical cannabis to patients in need across the world. Tilray is a global company and we're thrilled to build upon the success and momentum from our existing agreement with Sandoz Canada by taking our partnership global. Sandoz AG will be a valuable partner as we work together to improve access to the highest quality medical cannabis products in countries all over the world."
For More Information On Tilray, Inc, Click Here
Charlotte's Web Holdings, Inc (CWBHF) (CWEB) saw its shares trading at $12.63 per share in early morning trading on Monday, up from last week's close of $12.54 on Tuesday, likely due to the Company's recent announcement that Eugenio Mendez, former Vice-President of Global Marketing of Water, for Coca-Cola, to take on the newly formed role of Chief Growth Officer, effective January 15, 2019.
Hess Moallem, President and CEO of Charlotte's Web, said, ''We're very excited to have Eugenio formally join our Company. Over the past sixteen months, I've had the opportunity to work closely with Eugenio and have been deeply impressed with his global vision and experience within the consumer-packaged goods ("CPG") industry, Eugenio's appointment illustrates the high caliber executive talent we are attracting to support the Company's next phase of growth.''
For More Information On Charlotte's Web Holdings Inc, Click Here
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