CORAL GABLES, FL / ACCESSWIRE / January 4, 2019 / The beginning of the new year has already gotten off to a swift start for growth in the marijuana industry . The top players in the industry saw huge boosts this past year, which could spell out a true first-mover advantage as head straight into the new year. Following Canada’s nation-wide legalization and the recent passing of the US Farm Bill, the nascent cannabis sector has shown exciting promise in terms of opportunities for investors looking to the space. As marijuana has garnered more favorable public opinion, the market, and subsequently the industry has responded positively, in turn. With the new year in full swing, Leafbuyer Technologies Inc ( LBUY) , GW Pharmaceuticals Plc (NASDAQ:GWPH), New Age Beverages Corporation (NASDAQ:NBEV), and Charlotte’s Web Holdings Inc (OTCQX:CWBHF) (CNSX:CWEB) are 4 pot stocks worth looking into.
Leafbuyer Technologies Inc (LBUY) is a company you may not have heard of, but could greatly benefit from looking into. The Company has been referred to as the “Priceline of Pot” by several sources, and similarly to the site which provides travel deals, Leafbuyer is the most comprehensive online source for cannabis deals and specials.
In mid-December, Leafbuyer Technologies Inc (LBUY) announced that, as part of a plan to strategic grow its immensely successful platform, the Company planned on integrating with five industry leading Point of Sale (POS) systems, including GreenBits, Adilas, Cova, MMJ Menu, and MJ Freeway. For those unfamiliar, POS systems allow dispensaries, across all markets, to track cannabis products from seed to sale and then conduct a transaction. The Company’s decision to integrate optimal POS systems shows their dedication to improving the transnational components of the cannabis industry.
In mid-November, the Company announced that its quarterly sales rose 67%, indicating record growth as a result of their bolstered national expansion and the high dollar value the Company received for their bundled packages.
Mark Breen, COO of Leafbuyer Technologies Inc (LBUY) , said “Integration takes our consumers’ online ordering experience to the next level. Consumers need to know immediately if, for example, their favorite edible is in stock before they pre-order. If we didn’t integrate with POS systems, we would have to rely on people to update the inventory, which leads to human error. Now, it’s automated.”
GW Pharmaceuticals plc (GWPH) announced, just before the strike of the new year, that the biopharmaceutical company will be presenting a company update at the J.P. Morgan 2019 Healthcare Conference in San Francisco, CA on Tuesday January 8, 2019. According to the press release regarding the announcement, Justin Goyer, GW’s Chief Executive Officer will be honored with making the Company’s presentation.
New Age Beverages Corporation (NBEV) wowed market analysts and investors towards the end of December, when they announced that they had closed on the merger with Morinda Holdings, Inc., a Utah-based healthy beverages and lifestyles company with operations in more than 60 countries.
Brent Willis, Chief Executive Officer of New Age Beverages commented, “Since the announcement of the merger, we have been extremely busy. New Age continues to secure major national retail distribution on its key brands, and Morinda has been rapidly expanding its new Noni+Collagen brand globally. More cost synergies are emerging from the convergence teams and the countries are extremely enthusiastic about the potential of New Age’s current and impending brand portfolio through their system. Integration is already well on track, and we have a high degree of confidence in our plans for 2019.”
Charlotte’s Web Holdings, Inc (CWBHF) (CWEB) saw its shares climb 4.4% to $11.90 per share in afternoon trading on Friday, likely due to the Company’s recent announcement that Eugenio Mendez, former Vice-President of Global Marketing of Water, for Coca-Cola, to take on the newly formed role of Chief Growth Officer, effective January 15, 2019.
Hess Moallem, President and CEO of Charlotte’s Web, said, “We’re very excited to have Eugenio formally join our Company. Over the past sixteen months, I’ve had the opportunity to work closely with Eugenio and have been deeply impressed with his global vision and experience within the consumer-packaged goods (“CPG”) industry, Eugenio’s appointment illustrates the high caliber executive talent we are attracting to support the Company’s next phase of growth.”
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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 for a period of 30 days beginning November 1, 2018, and ending November 30, 2018. Midam has been paid an additional $50,000 and 40,000 common restricted shares of Leafbuyer Technologies, Inc. extending the contract another 30 days ending December 31, 2018. We own 77,000 shares of Leafbuyer Technologies. 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. For previous compensation and disclaimer information, click here for our full disclaimer, click here for our full disclaimer.