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3 Marijuana Stocks Benefiting From Latest Bull Trend

CORAL GABLES, FL / ACCESSWIRE / September 18, 2018 / Cannabis stocks continue to soar as the market prepares for October 17 and the deadline for legal recreational marijuana sales in Canada. Big developments have kept investors on their toes as new events captivate the market. This week it was announced that Coca-Cola (KO) could be ready to throw its hat into the ring with a CBD-based beverage.

As one report puts it, "After making a major acquisition in the coffee industry in late August, Coca-Cola is now turning its gaze to the cannabis markets and is interested in drinks infused with CBD, the non-psychoactive ingredient in marijuana that relieves pain."

In addition to this announcement, more news has flooded the press wires this week with industry milestones and big corporate updates.

Integrated Cannabis Company (ICNAF) (ICAN)

Market Cap: $24.412M

Integrated Cannabis Company is trading 90% higher than it was a month ago today. Since August 17, the company has been making key announcements on the progress and new products that the company is going to offer its customers.

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In its most recent press release, the company announced the completion of a market-ready THC-infused spray product and the required licensure for manufacturing of the product in Colorado. "We are pleased to be adding THC products to our proprietary line of sprays and plan to launch via distribution in Colorado beginning in Q4 and shall pursue other legal markets thereafter," said Mr. John Knapp, CEO of Integrated Cannabis.

The company has received approval to sell THC formulated products throughout most of Colorado and is now, only awaiting approval for the City of Denver. Integrated Cannabis Company has also submitted Shelf Stability application to sell X-SPRAYS™ THC formulation in Denver.

For More Information On Integrated Cannabis Company, Click Here

Tilray Inc. (TLRY)

Market Cap: $11.195B

The company announced this morning that the U.S. Drug Enforcement Administration has granted approval to import a cannabinoid study drug into the United States from Canada for a clinical trial at the University of California San Diego Center for Medicinal Cannabis Research examining its safety, tolerability and efficacy for Essential Tremor.

"Tilray is proud to support this crucial research," says Dr. Catherine Jacobson, Director of Clinical Research at Tilray. "If this study can identify cannabinoids as a potential treatment for patients suffering from essential tremor, we can conduct further research and potentially provide alternative effective methods of relief for the high numbers of patients with ET."

Shares of Tilray were up by more than 10% during pre-market trading on Tuesday morning.

For More Information On Tilray, Click Here

Aurora Cannabis. (ACBFF) (ACB.TO)

Market Cap: $7.34B

This morning, shares of Aurora Cannabis were halted during pre-market hours. The reason for the halt was “pending news”. Earlier this week there was a report regarding Aurora Cannabis (ACBFF) (ACB), which said that Coca-Cola Co. (KO) has been in talks with the company. Though other reports cite that Coca-Cola declined to comment on Aurora, they expressed that the drink maker confirmed that it is closely watching the growth of non-psychoactive CBD as an ingredient in functional wellness beverages around the world. "The space is evolving quickly. No decisions have been made at this time," the company said in a statement.

According to the Investment Industry Regulatory Organization of Canada, trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization, which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

Shares of Aurora Cannabis have been on the rise for most of the month, in line with a number of other marijuana stocks.

For More Information On Aurora, Click Here

About marijuanastocks.com

MarijuanaStocks.com is the leading web destination for all things cannabis. Investors can find marijuana-related financial, medical, legal, and social news anytime day or night. Writers are invited to submit cannabis related articles for publication.

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 an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Integrated Cannabis Company, Midam is being paid $25,000 per month for a period of 6 months beginning September 4, 2018 and ending March 9, 2019. We own ZERO shares of Integrated Cannabis Company. We may buy or sell additional shares of (ICNAF)/(ICAN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Integrated Cannabis Company. As of September 14, 2018 a member of MAPH Enterprises LLC holds 32,975 freely trading shares of Aurora (ACBFF) purchased in the open market. These may be sold at any point. As of September 14, 2018 a member of MAPH Enterprises LLC holds 15 Call Options Of Canopy Growth (CGC) expiring on October 19. These may be sold at any point. Please click here for full disclaimer

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SOURCE: MarijuanaStocks.com

https://www.accesswire.com/512131/3-Marijuana-Stocks-Benefiting-From-Latest-Bull-Trend