[ACCESSWIRE]
CORAL GABLES, FL / ACCESSWIRE / March 5, 2019 / The marijuana stock market has become the focal point of conversation over the course of the past few years, resulting in a bullish run for companies in the cannabis industry. Over that time period, countless new companies in the industry have gained notoriety for their innovative approaches to creating cannabis products for consumers. With the majority of U.S. states having some form of legal cannabis, either recreational or medicinal, the marijuana industry is whirring with excitement. Leafbuyer Technologies Inc (OTC: LBUY), Cronos Group Inc (CRON), OrganiGram Holdings Inc (OGRMF), and Origin House (ORHOF) are four marijuana stocks getting a boost from today's headlines.
Leafbuyer Technologies Inc (OTC: LBUY) is considered to be the most comprehensive online resources for information related to cannabis, as well as how to procure products currently available on the market. Through the use of its website, Leafbuyer.com, the Company has become the authority on cannabis for millions of consumers on a daily basis.
Leafbuyer Technologies Inc (OTC: LBUY) announced today a partnership with Flowhub, a major retail management platform for dispensaries, to integrate software and automate online menus. Leafbuyer's comprehensive website, Leafbuyer.com, and recently acquired order-ahead and loyalty mobile application, Greenlight will now integrate with Flowhub's industry-leading point of sale and compliance technology. On both Leafbuyer.com and the Greenlight app, customers can now view immediate, up-to-date menu information regarding product availability in dispensaries using Flowhub API and Leafbuyer platforms.
Following the announcement, Kurt Rossner, CEO of Leafbuyer Technologies Inc (OTC: LBUY), said, "the partnership between Leafbuyer and Flowhub provides value to both parties. Automating menu updates between technologies improves customer satisfaction and retention rates, boosting bottom line revenue and operational efficiencies."
For More Information On Leafbuyer Technologies Inc, Click Here
Cronos Group Inc (CRON) announced earlier this week that the Company has sold all of its common shares in the capital of Whistler Medical Marijuana Corporation, representing approximately 19 percent of Whistler's issued and outstanding common shares, to Aurora Cannabis Inc. for a total purchase price of approximately C$175 million, payable by the issuance of common shares in the capital of Aurora, and subject to certain working capital adjustments and holdbacks.
Mike Gorenstein, CEO of Cronos Group, commented, "we'd like to thank and congratulate Whistler for their partnership over the past two years. Whistler's commitment to creating high-quality products and establishing a premium brand has generated value for consumers and investors alike. We are proud to have been part of their growth and look forward to their progress through this venture."
For More Information On Cronos Group Inc, Click Here
OrganiGram Holdings Inc (OGRMF) provided investors with several corporate updates earlier this week. Organigram has appointed Helen Martin as Corporate Secretary. Ms. Martin has been with the Company since November 2018 acting in the capacity of Vice-President, Strategic Initiatives and Legal Affairs.
In addition to the appointment of Ms. Martin, the Company shared information related to its recent class action suit. Assuming leave to appeal is granted, the Company expects the matter to be heard in the fall. As previously disclosed, the Company intends to vigorously defend itself against the class action.
For More Information On OrganiGram Holdings Inc, Click Here
Origin House (ORHOF), a leading North American cannabis products and brands company, today announced that the Company has entered into a brand accelerator program agreement with Mendocino-based cannabis producer, Heritage Holding of California Inc, d/b/a/ Henry’s Original.
Following the announcement, Afzal Hasan, President and General Counsel of Origin House, said, "with our expanded relationship, we are providing short-term growth capital to further develop Henry's cultivation capacity, and simultaneously introduce Henry's Original products statewide through RVR's distribution platform. This Agreement advances the Company's mission of becoming a preeminent global house of cannabis brand by expanding our growing portfolio of California brands while accelerating the growth of entrepreneurs with authentic brands sought after by consumers."
For More Information On Origin House, Click Here
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Legal Disclaimer
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 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. Midam has been compensated an additional $50,000 and has extended its period of coverage to January 31, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to March 1, 2019. 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.
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