[ACCESSWIRE]
CORAL GABLES, FL / ACCESSWIRE / January 16,2019 / Marijuana stocks have been anything but safe over the course of the past year to two years, during the course of which top players in the cannabis industry saw huge boosts in investor interest. Market analysts have stated that this could be the year of cannabis as the market continues totake solid strides in the right direction. With the increase of capital andsheer amount of business entering the market, the cannabis sector has shown exciting promise in terms of opportunities for investors looking tothe space. With the new year in full swing, Leafbuyer Technologies Inc (LBUY), New Age Beverages Corp (NASDAQ: NBEV), Canopy Growth Corp (NYSE: CGC) (TSX: WEED), and Tilray Inc (NASDAQ: TLRY) are 4 pot stocks that could make moves on Wednesday.
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.
Leafbuyer Technologies Inc (LBUY) announced earlier this month that it launched Phase One of its multiple phase blockchaininitiative on December 20, 2018. This first phase integrates with the Company's loyalty platform, Leafbuyer Loyalty. The launch will eventually allow cannabis consumers to use blockchain technology to complete monetary transactions with dispensaries and product companies. According to the announcement, within Leafbuyer Loyalty, customers will be able to choose to create their own blockchain wallet, and once this is completed, they will be able to track all transaction history, as well as check loyalty point balances.
Leafbuyer Technologies Inc (LBUY)'s CEO said, "The sky is the limit with blockchain. The technology will help shape the cannabis industry and open doors to new revenue possibilities for Leafbuyer. We want to offer the highest level of transparency with customers, and blockchain will help us accomplish this goal."
For More Information On Leafbuyer Technologies Inc, Click Here
New Age Beverages Corporation (NBEV),the Colorado and Utah-based organic and natural beverages company, today announced that it had signed into a definitive agreement to develop and distribute Marley branded cannabis-infused beverages. As a result of the announcement, the Company's shares traded 10.03% higher than Monday's close of $6.40 per share, trading at $6.75 per share in late-morning trading on Wednesday.
In a press release regarding the matter, Michael Cunningham, Senior Vice President of Sales for New Age Beverages said, "It makes my job a lot easier when I have retailers and distributors reaching out to me asking for specific products. From the moment the CBD movement began, I've been receiving calls nonstop asking when we'd be going to market with a Marley+CBD product. Retailers and distributors realize that it will be a long road for smaller CBD brands to gain traction and brand equity. Under the Marley brand platform, we are able to leverage a massive global brand with ties to healthy cannabis use, to ultimately grow a beverage brand beyond anything we have seen to-date."
For More Information On New Age Beverages Corp, Click Here
Canopy Growth Corporation (CGC) (WEED) saw impressive gains on Wednesday with shares up 1.28%, trading at $41.83 per share, riding out the momentum after the Company announced on Monday that it had been granted a license by New York State to process and produce hemp. Due to the cooperative nature of key state and federal government officials from the from the State of New York, Canopy Growth has been able to demonstrate its commitment to invest in New York in order to establish a Hemp Industrial Park.
"Canopy Growth was founded to drive innovation within the cannabis and hemp industries. In New York we see an opportunity to create products that improve people's lives," said Bruce Linton, Chairmanand Co-CEO, Canopy Growth. "In the process, we will create jobs in an exciting, highly profitable new industry. I applaud the political leadership at the federal and state level that has allowed today's announcement to become reality."
For More Information On Canopy Growth Corp, Click Here
Tilray Inc (TLRY), a global pioneer in cannabis protection and distribution, announced on Tuesday that they had signed into a long-termrevenue sharing agreement with Authentic Brands Group to market and distribute a portfolio of consumer cannabis products within ABG's brand portfolio injurisdiction where regulations permit. According to the announcement, ABG, which owns over 50 different brands, will build a valuable partnership with an expansive network of best-in-class manufacturers, operators, and retailers.
In a press release regarding the partnership agreement, Brendan Kennedy, Tilray Presidentand CEO, said, "We are thrilled to partner with ABG, a global leader known for expertly managing and marketing an owned portfolio of iconic brands. As we work to expand Tilray's global presence, this agreement leverages our complementary strengths and will be accretive to our shareholders as we reach new consumers across the entertainment, fashion, beauty, home and health and wellness sectors. We look forward to working with ABG to bring unique and sought-after branded cannabis products to the marketplace."
For More Information On Tilray, Inc, Click Here
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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.
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