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Watch These Four Marijuana Stocks Surpass Investor Expectations on Tuesday

CORAL GABLES, FL / ACCESSWIRE / March 12, 2019 / The marijuana stock market has been notoriously volatile over the course of the last few weeks. In regards to the cannabis industry's recent bull run, the positive trends can be attributed to two key factors: legislative efforts and a general shift in public opinion. Recently, lawmakers have advocated for legislation in support of cannabis legislation, and this has given cannabis companies more societal credibility. Naturally, when our nation's legislators speak truth to an issue, the general public responds favorably. Remaining true to this concept, we've seen public approval of cannabis exponentially increase in the first few months of the new year. Assuming these two factors remain consistent, the marijuana sector could see an increase in investor attention. Transcanna Holdings Inc (TCAN.CN), Aphria Inc (NYSE:APHA), Harvest Health & Recreation Inc (HARV.CN), and Cronos Group Inc (CRON) are four cannabis companies worth looking into.

Transcanna Holdings Inc (TCAN.CN) is a company which specializes in assisting cannabis farmers with branding, transportation, and distribution services through its wholly-owned California subsidiaries, to a range of industries including the cannabis marketplace.

Transcanna Holdings Inc (TCAN.CN) announced in late-February that the Company had appointed Haywood Securities Inc. to act as lead agent on behalf of a syndicate of agents to be formed, including Gravitas Securities Inc. to sell, by way of a private placement on a best efforts basis, up to 5,000,000 units of the Company at a price of $2.00 per Unit for gross proceeds of up to $10,000,000, subject to receipt of all applicable regulatory approvals.

Per the details of the announcement, Transcanna Holdings Inc (TCAN.CN) intends to use the net proceeds of the Offering to partially fund the acquisition of the 196,000 sq ft cannabis facility as announced on February 4, 2019, and for working capital and general corporate purposes. The Company still anticipates it will seek a commercial lending facility to secure the full purchase price for the facility and once it has executed definitive documentation for such a facility, it will provide a further update on the progress of the acquisition.

For More Information On Transcanna Holdings Inc, Click Here

Aphria Inc (APHA) made headlines earlier this month when the Company announced 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, "we are ready to hit the ground running and look forward to alleviating industry-wide supply constraints with our greatly expanded production capacity and sophisticated, proprietary automation technology that will ensure Aphria remains at the forefront of cannabis cultivation and innovation. In anticipation of Health Canada's approval, we had allocated a portion of our previously approved capacity to mother and vegetative plants that will be used as the initial growing crops in Part IV and Part V."

For More Information On Aphria Inc, Click Here

Harvest Health & Recreation Inc (HARV) announced earlier this week that it has entered into a binding agreement to acquire Verano Holdings, LLC, one of the largest privately held multi-state, vertically integrated licensed operator of cannabis facilities, in an all-stock transaction for an estimated purchase price of approximately $850 million based on a share price of CND $8.79.

Following the announcement, Jason Vedadi, Executive Chairman of Harvest, said, "we are confident that this is an opportunity to continue to leverage each of our company's strengths and drive continued shareholder value, while at the same time achieving the scale we know will give us a leadership position in one of the largest cannabis markets in the world."

For More Information On Harvest Health & Recreation Inc, Click Here

Cronos Group Inc (CRON) announced at the tail-end of last week that the C$2.4 billion equity investment in the Company by Altria Group, Inc has closed. Per the previous details of the announcement, Altria's investment represents an approximate 45% ownership interest in Cronos Group. Altria also has a warrant to acquire additional ownership in Cronos Group, which is exercisable over the next four years. If exercised in full today, the warrant would increase Altria's ownership in Cronos Group to approximately 55% and provide Cronos Group with additional proceeds of approximately C$1.4 billion.

Mike Gorenstein, Chairman, President and CEO of Cronos Group, said, "Altria's investment and the services they will provide to Cronos Group will enhance our financial resources, and allow us to expand our product development and commercialization capabilities, and regulatory expertise to better position Cronos Group to compete, scale and lead the rapidly growing global cannabis industry. We look forward to the many opportunities we expect this relationship to create."

For More Information On Cronos Group Inc, Click Here

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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.

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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 TransCanna (TCAN.CN), Midam is being paid $33,000 per month for 3 months byTransCanna (TCAN.CN) for a period from February 14, 2019 to May 14, 2019. We may buy or sell additional shares of (TCAN.CN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about TransCanna (TCAN.CN). Click here for our full disclaimer.

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