CORAL GABLES, FL / ACCESSWIRE / January 22, 2019 / The marijuana stock market around the nation has become extremely positive in the past year and beyond. With so many changes happening around the market, whether it be legislative or other, market analysts have stated that this could be the year of cannabis. As the market continues to impress investors with opportunities throughout the space, companies are looking for innovative applications for cannabis across a myriad of sectors and industries. The overwhelming majority of the population has expressed a favorable opinion in terms of legalizing marijuana, resulting in the cannabis sector showing exciting promise for investors. As we enter the closing weeks of January, Premier Health Group (PHGRF) (PHGI) , HEXO Corp (OTC PINK: HYYDF), GrowGeneration Corp (OTCQX:GRWG), and CV Sciences Inc (OTCQB:CVSI) are four pot stocks representing companies keeping up with their fast-paced industry.
Premier Health Group (PHGRF) (PHGI) is a company focused on redesigning how medical care is received and implementing nuanced practical applications for cannabis products in the healthcare space. Recently, the Company has seen impressive growth over the course of the month of January, while simultaneously garnering significant support from the public as well as investors in the cannabis sector.
Earlier last week, Premier Health Group (PHGRF) (PHGI) announced that as part of its international expansion strategy, it has entered into a strategic partnership with China’a 360 Health, a healthcare subsidiary of 360 Security Technology. The parent company, 360 Security Technology, is a leading online service company in China with a market capitalization of over $20 billion USD as of January 16, 2019. As part of the collaboration, Premier and 360 Health will implement an infrastructure whereby Premier will be providing second opinion services by connecting 360 Health’s patients in China with doctors in Canada both remotely and in person. Premier will also assist with General Practitioner training virtually and onsite through medical seminars.
In response to this announcement , Dr. Essam Hamza, CEO of Premier, said, “We are very excited to be working with 360 Health as China continues to adopt a Family Practice primary care model and look forward to helping them establish themselves as a leader in primary care. This partnership represents an excellent opportunity for Premier to tap into the fastest growing telemedicine market globally.”
HEXO Corp (HYYDF) yesterday announced that it will be filing a preliminary prospectus supplement to its amended and restated short form base shelf prospectus dates December 14, 2018, relating to a proposed marketed public offering of common shares of the Company for gross proceeds of approximately C$50 million.
Per the announcement, the Company will use the net proceeds from the offering for general corporate purposes, including funding the Company’s global growth initiatives and research and development to further advance the Company’s innovation strategies.
GrowGeneration Corp (GRWG), one of the largest chains of specialty hydroponic and organic garden centers, today announced that it has purchased all the assets of Chlorophyll, Inc. Per the details of the announcement, the purchase will give GrowGeneration access to the Denver-located store with over 20,000 square feet of warehouse and retail space, representing the 6th store in the GrowGeneration portfolio of stores in Colorado.
GrowGen’s CEO commented, “This transaction marks our 1st acquisition in 2019, adding $8 Million in revenue to our Company. Adding Chlorophyll, located directly in a strategic location with high visibility in Denver, CO., adds one of the largest and highest volume hydroponic stores in the country. Chlorophyll has a seasoned team, and we are excited that the founders, Beau Speicher and Lee McCall will continue to support the company in a sales and business development role.”
CV Sciences Inc (CVSI) announced that after years of serving the company, Michael Mona Jr, the Company’s founder and former president and chief executive officer, is retiring from his position as an employee with the Company. The Company also announced that it has eliminated the title of President, and Michael Mona III, will continue as the Company’s Co-Founder and Chief Operating Officer.
Joseph Dowling, Chief Executive Officer of CV Sciences, commented on the departure of Michael Mona Jr, and said, “I can speak for the entire Board of Directors in expressing our gratitude to Mr. Mona Jr. for all of his efforts since the Company’s founding in 2012. Mike was the visionary in founding this Company and solidifying our primary competitive advantage in the CBD consumer product marketplace – securing key supply agreements from the most respected growers in Europe, ensuring our products the highest quality offered in the marketplace.”
What Is Stock Price (StockPrice.com)?
Stock Price is defined as the price of a single share of a number of saleable stocks of a public company. A stock price is the highest amount an investor or trader is willing to pay for the stock, or the lowest amount that it can be bought for.
StockPrice.com was created for everyone that wants the latest stock quotes, stock charts, company news, and the best financial content.
At Stock Price (StockPrice.com), you get free stock quotes, up-to-date news, international market data, social interaction and the best financial content that will help you manage your financial life.
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. JSG Communications, LLC which owns www.StockPrice.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.
JSG Communications, LLC, which owns www.StockPrice.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. JSG Communications, LLC, which owns www.StockPrice.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 JSG COMMUNICATIONS LLC and Premier Health Group Inc. we were hired for a period from 10/1/2018 – 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 (CASH) for & were paid “500,000” shares of restricted common shares (as of 1/22/2019). We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the “500,000” shares of Premier Health Group Inc. 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 Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information Please click here for full disclaimer .