Cannabis Growing Career

CORAL GABLES, FL / ACCESSWIRE / November 14, 2018 / This month marijuana stocks have seen a very active market. Now that Wall Street has begun to pay more attention to the pot industry, things like earnings and revenue growth are becoming more of a focus. As of November 7, US Attorney General Jeff Sessions is out and an interim AG is in. Long thought of as a major hurdle for the cannabis industry , Sessions’ departure has been seen as a positive marker for marijuana stocks .

Despite the recent downtrend that some of these companies have seen in the market, new opportunities could be presented during the months to come. The reason for this is that Canada has just begun ramping up legal sales across the country.

According to reports from firms like Deloitte*, “The total cannabis market in Canada , including medical and illegal as well as legal recreational products, is expected to generate up to $7.17 billion in total sales in 2019. Legal sales are expected to contribute more than half of this total – up to $4.34 billion – in the first year. Current and likely consumers expect to pay slightly more for legal products, with the former saying they’re willing to pay 10 percent more.”

With a number of cannabis trends taking hold, here are 4 pot stocks to watch during the next 2 quarters:

Leafbuyer Technologies (LBUY ) announced today that it has submitted an application to list its common shares with the Canadian Securities Exchange. “Canada’s legalization is a powerful signal to the rest of the world that cannabis should be a legal, nationally-regulated industry,” said Kurt Rossner, CEO of Leafbuyer. ” Leafbuyer sees opportunities by dual listing on the CSE and is looking forward to its offering on a foreign exchange.”

Being that Leafbuyer is already listed in the US, this move could open up the company to additional liquidity across international markets. Leafbuyer.com is a comprehensive online source for cannabis deals and information. The company’s Leafbuyer.com 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 is the official cannabis deals platform of Dope Media, LA Weekly, Voice Media Group, Grasscity, and The Stranger.

During recent months, shares of Leafbuyer have traded as high as $2.40. Currently trading at a price of roughly $0.80, shares of the company have increased by more than 40% since lows in September.

For More Information On Leafbuyer Technologies, Click Here

Innovative Industrial Properties (NYSE:IIPR) is one of the cannabis companies focused on real estate. The company provides creative capital solutions to the medical-use cannabis industry. This week Innovative announced results for the quarter ended September 30, 2018, the seventh full quarter since the Company commenced real estate operations and completed its initial public offering in December 2016.

The company generated total revenues of approximately $3.9 million in the quarter, representing an increase of more than 150% from the prior year. As of November 7, 2018, the Company owned ten properties located in Arizona, Colorado, Maryland, Massachusetts, Michigan, Minnesota, New Yorkand Pennsylvania, totaling approximately 952,000 rentable square feet, which were 100% leased with a weighted-average remaining lease term of approximately 14.7 years. As of November 7, 2018, the Company had invested approximately $121.5 million in the aggregate and had committed an additional approximately $15.9 million to reimburse certain tenants and sellers for completion of construction and tenant improvements at the Company’s properties.

Shares of Innovative Industrial Properties reached highs of $48.35 on Wednesday morning.

For More Information On Innovative Industrial Properties, Click Here

Kona Gold Solutions, Inc. (OTC PINK: KGKG) is a hemp lifestyle brand focused on product development in the functional beverage sector. Kona Gold Solutions, Inc. has created wholly-owned subsidiaries, Kona Gold LLC and HighDrate, LLC. Kona Gold, LLC has developed a premium Hemp Infused Energy Drink line, Energy shots, and Apparel.

Earlier this month the company announced a 225% increase in revenue from the previous month. The Company recorded its strongest month-to-date off of the signing of new distribution partners and extremely strong sales of its popular Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters. The Company has also seen an 87% increase in sales on Amazon.com over the last 30 days and a 292% from this time last year.

“I am excited to announce to our shareholders that we have seen extremely strong growth and sales in the month of October, which is from the culmination of strong product pull through in retail locations, a big increase in online sales, and large orders from our current and new distribution partners,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “We will continue to see an explosion in growth as the company is working to close deals with several very large distribution partners and grocery chains. This is an exciting time to be in the hemp and CBD industry and we are positioning the Company with the right products and the right personnel to be a leader in the market. Our primary goal to our shareholders is to increase revenue and be profitable in Q4 of 2018.”

Shares of Kona Gold have traded as high as $0.11 on Wednesday.

For More Information On Kona Gold, Click Here

Tilray (NASDAQ:TLRY) reported its financial results for the third quarter and nine months ended September 30, 2018. Revenue increased to $10.0 (C$12.9) million, up 85.8% compared to the third quarter of last year. The increase in revenue was driven by increased patient demand, bulk sales to other Licensed Producers, and accelerated wholesale distribution in export markets.

“The cannabis industry remains very robust and we are pleased with our revenue momentum and strategic achievements in the third quarter,” said Brendan Kennedy, President and Chief Executive Officer of Tilray. “We are in the early stages of achieving our growth potential and our team continues to strategically execute on disciplined operational initiatives and investments to support Tilray’s long-term, sustainable growth as the pace of legalization continues to accelerate around the world. Going forward, the demand for our products is strong and we remain committed to expanding our leadership in the global medical and adult-use cannabis markets.”

Among other highlights, the company also outlined its growth via acquisitions of companies like Alef Biotechnology SpA for $3.9 (C$5.0) million. This was in addition to furthering its export business to places like Australia. Tilray exported CBD 100 medical cannabis, an oral solution of cannabinoid extract, from Canada to Australia to distribute to critically ill children in Australia suffering from intractable epilepsy through a compassionate access program.

For More Information On Tilray, 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 an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Leafbuyer Technologies Inc., Midam is being paid $50,000 as well as 40,000 common restricted shares of Leafbuyer Technologies for a period of 30 days beginning November 1,2018 and ending December 1, 2018. Midam was previously compensated $50,000 by Leafbuyer Technologies for a period of 30 days beginning September 24,2018 and ending October 24, 2018. We own 77,000 free trading shares of Leafbuyer Technologies. MAPH ENTERPRISES LLC was previously compensated a total of $120,000 by anon affiliate third party, Full Service Media LLC, to publicly disseminate information about (LBUY) including on the Website and other media including Facebook and Twitter, which has since expired.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, to provide public dissemination of favorable Information about Leafbuyer Technologies Inc. Please click here for full disclaimer

*Deloitte Report: https://www2.deloitte.com/content/dam/Deloitte/ca/Documents/consulting/ca-cannabis-2018-report-en.PDF

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