CORAL GABLES, FL / ACCESSWIRE / January 29, 2019 / The U.S. marijuana stock has remained incredibly positive for some time now, with the new year showing more and more signs that growth is stronger than ever before. As countries begin to recognize the potential health benefits from cannabis, we will see an influx of legislation, in favor of cannabis legalization, on a global scale. Some studies have shown that the global cannabis industry is worth as much as $50 billion, which, if conditions remain the same, will only grow over time. As an industry now focused on improving the quality of life for consumers, Premier Health Group (OTC:PHGRF) (CSE:PHGI), Aurora Cannabis Inc (ACB), Cronos Group Inc. (CRON), and Canopy Growth Corp (CGC) represent four cannabis companies determined to invest in the betterment of the global marijuana market.
Premier Health Group (OTC:PHGRF) (CSE:PHGI) is a company focused on developing nuanced approaches that combine human skill-based expertise with state-of-the-art technologies used throughout the healthcare industry to create the best-possible care solutions for their growing patient network.
Over the course of the last few months, the Company has seen impressive gains as investors and consumers have recognized Premier's determination to only invest in products/services that will provide premium care solutions for their patients.
Premier Health Group (OTC:PHGRF) (CSE:PHGI) today announced that, further to its news release dated January 10, 2019, the Company has acquired all of the outstanding securities of Cloud Practice Inc. According to the details of the announcement, Cloud Practice's Founders, including CEO Jordan Visco, and entire support team, consisting of several software developers and sales staff, will join and work alongside the Premier Health team to offer tools and resources providing for better efficiency on a day-to-day basis for both physicians and customers.
In a press release regarding the closing of the acquisition, Dr. Essam Hamza, CEO of Premier Health Group (OTC:PHGRF) (CSE:PHGI), said, "We are thrilled to be joining a progressive group such as Premier Health. We are focused on delivering top quality service to Canada's healthcare industry and we are confident that with Cloud Practice's offerings combined with the Premier Health teams' expertise and long-term vision, we can achieve considerable success.''
For More Information On Premier Health Group, Click Here
Aurora Cannabis Inc (ACB) announced last week that it has closed its previously announced offering of 5.5% convertible senior notes due 2024 for gross proceeds of US$345 million(including US$45 million pursuant to the exercise of the initial purchasers' over-allotment option). The notes were issued at par value.
Per the official details of the announcement, the Company expects to use the net proceeds from the offering of the notes to support its Canadian and international expansion initiatives, for future acquisitions and for general corporate purposes, including working capital requirements to continue the Company's accelerated growth.
Aurora CEO Terry Booth said, ''These convertible notes offer Aurora the flexibility and optionality to settle the entire principal amount of the notes in the future for cash, shares, or combination thereof. The transaction signals confidence in our expected future performance and recognition that we have deployed our shareholders' capital in an intelligent way."
For More Information On Aurora Cannabis Inc., Click Here
Cronos Group Inc (CRON) announced earlier this month that the Company had prepared all necessary meeting materials for a special meeting of holders of common shares of the Company to be held on February 21, 2019, including the management proxy circular dated December 31, 2018 (the ''Circular''), prepared in connection with the proposed C$2.4 billion equity investment by Altria Group, Inc., in Cronos Group previously announced on December 7, 2018, and that all documents had been mailed to shareholders and filed with the relevant Canadian securities regulators.
For More Information on Cronos Group Inc., Click Here
Canopy Growth Corp (CGC) has seen impressive gains over the course of the past few weeks, with shares up 16.64% from last Tuesday's close of $43.58 per share. Early last week the Company announced several updates regarding significant progress made in European cannabis markets, specifically in the UK and Poland where its medically-focused business Spectrum Cannabis continues to build a sophisticated, pan-European cannabis production and distribution network serving the needs of physicians and their patients throughout the continent.
Following the announcement of these updates, Dr. Pierre Debs, Managing Director, Canopy Growth Europe, commented,''These shipments are an important first step in a new European market towards building our pan-European operations. We continue to follow our overall plan of self-sufficiency in Europe to be able to best provide individuals with high-quality medical cannabis.''
For More Information On Canopy Growth Corp, Click Here
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 an affiliate of JSG COMMUNICATIONS 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 1/29/2019). 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.
SOURCE: Stock Price