HENDERSON, NV / ACCESSWIRE / November 28, 2018 / There are several cannabis stocks to watch this week.
Cannabis stocks we are highlighting include: Chineseinvestors.com, Inc. (CIIX), MPX Bioceutical Corporation (OTCQX:MPXEF), Curaleaf Holdings, Inc. (LDVTF), KushCo Holdings. (OTCQB:KSHB), and Aurora Cannabis, Inc. (NYSE:ACB).
The first on our list is US-based ChineseInvestors.com, Inc. (CIIX) (Market Cap: $22.246M Share Price: $0.59) focuses on selling industrial hemp-based CBD products in China that could be a serious beneficiary of a market rebound based on improvement on negotiations between the US and China.
The company has other verticals including market commentary for Chinese expats in the US as well as advertising and public relations. However, their retail, online and direct sales of hemp-based products are what led investors to flock to this company earlier this fall. The stock has pulled back with the rest of the cannabis market but could be an interesting play heading into the new year especially considering the company’s recent report showing a 70% increase in revenues buoyed by a 800% increase in sales. This report doesn’t seem to be factored into the share price yet.
Another expanding cannabis company, MPX Bioceutical Corporation (OTCQX:MPXEF) (Market Cap: $275.731M Share Price: $0.68). announced that the company will open a new Health for Life dispensary in Nottingham, Maryland which is located at 4741 Ridge Rd, Nottingham, Maryland, 21236. The dispensary is operated by MPX’s indirect wholly-owned subsidiary, S8 Management LLC, through a management agreement with LMS Wellness, Benefit LLC, which provides all management services typically required by a dispensary facility to successfully operate. This is the company’s third dispensary in Maryland, following the opening of its flagship in Bethdesta, in August 2018 and Baltimore in October 2018.
Curaleaf Holdings, Inc. (LDVTF) (Market Cap: $2.68B Share Price: $5.75) is also expanding their footprint after announcing the company acquired dispensary operator, Midtown Roots. Midtown Roots is the only dispensary located in the heart of downtown Phoenix, and is easily accessible across the street from the Thomas/Central Ave light rail public transit stop. It will be Curaleaf’s 5th dispensary in the Phoenix metro area and the 33rd Curaleaf dispensary nationwide. With the acquisition of dispensary operator Midtown Roots, Curaleaf has now served over 70,000 patients in Arizona between its 5 locations.
A company that investors are paying attention to currently is KushCo Holdings, Inc. (OTCQB:KSHB) (Market Cap: $394.86M Share Price: $5.30). KSHB, the parent company of Kush Supply Co., Kush Energy, The Hybrid Creative, and Koleto Packaging Solutions, which provide a range of services and products for a variety of industries including the regulated cannabis and CBD industries, announced it will issue its fiscal year 2018 results press release on November 26, 2018 after U.S. markets close.
Last on our list, Aurora Cannabis, Inc.. (ACB) (Market Cap: $5.77B Share Price: $5.79) completed the previously announced plan to acquire ICC Labs for $290 million at $1.95 per share. ICC is now a wholly-owned subsidiary of Aurora. Completion of the Arrangement follows receipt of approval of the Arrangement from the Instituto de Regulación y Control del Cannabis, the Uruguayan regulatory authority overseeing the regulation and control of cannabis in Uruguay. 289736
This article was written by Regal Consulting, LLC (“Regal Consulting”). Regal Consulting has agreed to a five- month term consulting agreement with the CIIX dated 8/2/18. The agreement calls for $30,000 in cash and 20,000 restricted 144 shares of CIIX per month. The Issuer CIIX has agreed to increase the monthly cash payment to $45,000 for September. Issuer has agreed to increase the monthly cash payment to $49,000 for October. Issuer has agreed to increase the monthly cash payment to $49,000 for November. All payments were made directly by ChineseInvestors.com, Inc. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspecultors.com to distribute this article. Regal Consulting has a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. CIIX was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
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