CORAL GABLES, FL / ACCESSWIRE / October 4, 2018 / The cannabis industry and marijuana stocks continue to gain interest in the markets this month. October 17 will mark the day that Canada will be able to begin legally selling recreational marijuana across the country. This move marks the first time a developed country will achieve this milestone. In anticipation of this, the jobs market for cannabis companies has continued to increase. The ETFMG Alternative Harvest ETF (MJ) has attracted more than $700 million in assets, and the latest gains for pot stocks make it likely that the fund will bring in even more money. With these events presenting options for the public, investors are watching closely
Tidal Royalty Corp. (CNSX:RLTY.U) is a leading provider of royalty financing to licensed U.S. cannabis operators. The company reported recently that it will be seeking to reinstate its listing on the OTC Markets by way of filing a registration statement with the Securities and Exchange Commission.
“We are committed to rectifying the filing delinquencies of the predecessor company and to reinstate our listing on the OTC Markets,” said Paul Rosen, CEO & Chairman of Tidal Royalty. “In the meantime, our stock continues to trade on the CSE.”
In addition to this, Al Harrington, former National Basketball Association (“NBA”) player and founder of The Harrington Group, has joined the company’s Advisory Board. The Harrington Group holds controlling interests in Viola Extracts (a top-selling national cannabis brand) and Harrington Wellness (a consumer health and wellness brand), and a non-controlling interest in Butter Baby (a leading producer of THC-infused butter).
New Age Beverage (NBEV) is a Colorado-based organic and natural healthy functional beverage company intending to become the world’s leading healthy beverage company. This month the company announced that it intends to debut its portfolio of CBD infused beverages at the upcoming North American Convenience Store show to be held at the Las Vegas Convention Center on October 7-10, 2018.
New Age will be meeting with some of the major retailers in the country at NACS on October 8-10th and taking orders on a first come, first serve basis, given anticipated demand. New Age’s Health Sciences Division is overseeing and carefully controlling production, quality, and its supply chain and sales channel partners given the importance of efficacy and quality control in the end product.
India Globalization Capital, Inc. (NYSE American: IGC) recently announced that it has executed a distribution and partnership agreement for several products including a sugar free, energy drink called ‘Nitro G’. IGC plans to create a branded, hemp/CBD-infused version of the formulation that addresses market demand for energy drinks with the inclusion of healthy properties derived from hemp including CBD.
“According to a Grand View Research forecast, the global energy drinks market is projected to be almost $85 billion by the year 2025, with non-alcoholic beverage sales expected to account for a significant portion of the market. This represents a unique opportunity for the development and commercialization of a CBD-infused, sugar free energy beverage,” stated Ram Mukunda, CEO of IGC.
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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.
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