CORAL GABLES, FL/ ACCESSWIRE / March 15, 2019 / The first few months of the new year have already demonstrated that this could be the year for the marijuana stock market. The top players in the industry have seen huge boosts over the course of the last couple of months, which could spell out a true first-mover advantage as we close in on the midpoint for the month of March. With the increase in capital and business entering the market, companies in the cannabis sector have shown exciting promise in terms of generating potential investment opportunities. So long as market conditions remain positive, and the public continues to support the legalization of cannabis, this year could prove impressive for the industry. Premier Health Group (PHGRF) (PHGI), MedMen Enterprises Inc (MMNFF), CannTrust Holdings Inc (CTST) (TRST.TO), and Harvest One Cannabis Inc (HRVOF) are 4 marijuana stocks leading the pack on Friday.
Premier Health Group (PHGRF) (PHGI) is a company determined to develop innovative approaches that combine human skill-based expertise with state-of-the-art technologies to offer to their patients the best possible treatment solutions and primary care. In recognition of the shifting tides surrounding public acceptance of medicinal cannabis as an acceptable treatment option, the Company recently announced its intention to enter the cannabis clinic space.
In more recent news, Premier Health Group (PHGRF) (PHGI) announced that the Company will be working with Bio Conscious Technologies to bring their artificial intelligence technology to Premier Health's 100,000 member patient network.
Following the announcement, Dr. Essam Hamza, CEO of Premier Health Group (PHGRF) (PHGI), said, "since the beginning, remote patient monitoring has been an integral component of our telemedicine app. DiaBits will enable our diabetic patients to dramatically increase glucose control and improve their quality of life. We are eager to work with the team at BCT to bring this innovative solution to our comprehensive telemedicine app."
MedMen Enterprises Inc (MMNFF) yesterday announced that it has completed the sale of two properties to Treehouse Real Estate Investment Trust, Inc. with gross proceeds of approximately $33.5 million and net proceeds of approximately $30.6 million after repayment of debt. The properties are comprised of a retail storefront in Las Vegas, Nevada and a cultivation, manufacturing, and production facility in Desert Hot Springs, California.
Adam Bierman, Co-Founder, and CEO of MedMen said, "this is our second transaction with Treehouse and we've now freed up nearly $49 million to invest directly into our growth initiatives."
CannTrust Holdings Inc (CTST) (TRST) announced earlier this week that the Company will release its financial results for the fourth quarter and year ending December 31, 2018, on Thursday, March 28, 2019, at 6:00 AM ET. The Company also shared that they will hold a conference call the same day at 8:00 AM ET to discuss the financial results and provide investors with key business highlights. The call will be hosted by Peter Aceto, Chief Executive Officer, and Greg Guyatt, Chief Financial Officer.
Harvest One Cannabis Inc (HRVOF) today provided an update on its wholly-owned subsidiary Dream Water including a new supply agreement with Walmart US. Dream Water announced that it has entered into supply agreements with major retailers Walmart US and Kroger which further adds to existing agreements with Shoppers Drug Mart, Loblaws, Circle K, Canadian Tire, Amazon, Hudson News, and many others across North America. These new agreements will further increase the availability of the product beyond the current 30,000 storefronts where Dream Water is already sold.
In addition to this news, Harvest One is also formulating a CBD version of Dream Water to be available when and where legal.
What Is Stock Price (StockPrice.com)?
Stock Price is defined as the price of a single share of a number of saleable stocks of a public company. A stock price is the highest amount an investor or trader is willing to pay for the stock, or the lowest amount that it can be bought for.
StockPrice.com was created for everyone that wants the latest stock quotes, stock charts, company news, and the best financial content.
At Stock Price (StockPrice.com), you get free stock quotes, up-to-date news, international market data, social interaction and the best financial content that will help you manage your financial life.
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. JSG Communications, LLC which owns www.StockPrice.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.
JSG Communications, LLC, which owns www.StockPrice.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. JSG Communications, LLC, which owns www.StockPrice.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 MIDAM VENTURES, LLC and Premier Health Group Inc. we were hired for a period from 10/1/2018 - 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 CASH for & were paid "500,000" shares of restricted common shares (as of 1/2/2019). Midam has been compensated an additional $100,000 by Premier Health Group to extend the period of coverage to June 1, 2019. We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the "500,000" shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Please click here for full disclaimer.
View source version on accesswire.com: