CORAL GABLES, FL / ACCESSWIRE / July 30, 2018 / Marijuana stocks have been trading in a relatively sideways trend, however a few cannabis companies are starting to go against this trend to head higher. In fact, some pot stocks are hitting new all time highs as you read this report.
There have been a number of new ETF's popping up that are targeting the growth that the marijuana industry expecting to see. In fact, the fund, the ETFMG Alternative Harvest E.T.F., has attracted about $400 million since December. The fund tracks a number of cannabis companies, many of which trade on stock exchanges in Canada, where that country's Senate passed legislation to legalize marijuana throughout the country.
Companies like Leafbuyer Technologies (LBUY) are spearheading a new movement toward technological advances for cannabis companies. The company works alongside businesses to showcase their unique products and build a network of loyal patrons. Leafbuyer's national network of cannabis deals and information reaches millions of consumers every month.
Leafbuyer.com, its main website, is one of the most comprehensive online sources for cannabis deals and information. Companies like Leafbuyer empower the consumer and allow them to get behind an industry, powerfully. To this end, the company recently announced that it continues to see strong sales growth. That sales growth has increased by over 50% from Q4 2017 to Q4 2018.
For More Information On Leafbuyer Technologies, Click Here
CV Sciences (OTCQB: CVSI) is a supplier and manufacturer of hemp-based phytocannabinoids including cannabidiol (CBD) oil and developer of specialty pharmaceutical therapeutics. The company announced last week its unaudited second quarter 2018 revenue and selected business highlights for the quarter ended June 30, 2018.
It was reported that second quarter 2018 revenue is expected to be $12.3 million, up 203% compared to the second quarter of 2017, and a 53% sequential increase over Q1 2018. Furthermore, the company increased retail store count to 1,968 natural and organic health food stores as of June 30, 2018, representing an 11.1% sequential increase over the Company's retail store count for the first quarter of 2018.
Shares of CV Sciences have hit fresh new highs this morning and the stock is up by more than 360% since the beginning of the year.
For More Information On CV Sciences, Click Here
Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) is a world-leading diversified cannabis and hemp company, offering distinct brands and curated cannabis varieties in dried, oil and Softgel capsule forms. The company recently announced that cannabis grown in its Delta and Aldergrove facilities, its other sites across the country, and products from its CraftGrow partners, will be sold in retailers, both government-operated and private, across British Columbia once Canada goes officially on line for legal cannabis sales.
Canopy Growth entered into a supply MOU with the BC Liquor Distribution Branch to make available 5,719 kg of high-quality cannabis products in the first 12-months following October 17th, 2018. The quantity referenced is a delivery requirement agreed to in the MOU, not an internal allocation. Shares have continued to climb into the end of July as Canopy Growth hit highs of $26.73 on Monday morning.
For More Information On Canopy Growth, Click Here
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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 MIDAM VENTURES, LLC an affiliate of MAPH Enterprises, LLC owner of MarijuanaStocks.com and Leafbuyer Technologies, Inc, we were hired for a period from 2/2/2018 - 5/2/2018 NOW EXTENDED TO 10/2/2018 to publicly disseminate information about (LBUY) including on the Website and other media including Facebook and Twitter. We are being paid $100,000 (CASH) for & were paid ''77,000'' shares of restricted common shares. We own zero shares of (LBUY), which we purchased in the open market. Once the (6) Six month restriction is complete on 8/2/2018 we plan to sell the ''77,000'' shares of (LBUY) 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 (LBUY) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information
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