Yahoo Finance 3 Marijuana Stocks Expanding Their Footprint Ahead Of Industry Growth
CORAL GABLES, FL / ACCESSWIRE / October 18, 2018 / Officially, Canada joined the states of California, Massachusetts, Maine, Alaska, Colorado, Washington and Oregon as the first G-7 country to give the green light to adult use of cannabis on Wednesday. Numerous investors are hyped up about the opening of Canada'srecreational marijuana industry. A popular cannabis company, Tilray saw its CEO Brendan Kennedy publicly state that cannabis is a $150 billion industry.
Even "MadMoney" host JimCramer has stated, "...When you look at every industry where pot could potentially compete, there might be as much as a half a trillion dollars in sales that are going to be disrupted, everything from carbonated beverages, beer, sports drinks, tea, coffee, tobacco, [and] snacks [to] all sorts of medications."
With so much excitement in the market, it's no wonder why so many cannabiscompanies are being monitored closely right now.
IntegratedCannabis Company (ICNAF) (ICAN) is focused on the health benefits of cannabis and CBD. The company holds a product portfolio that takes advantage of these compounds to help with things like sleep, libido, energy and more.
IntegratedCannabis Company (ICNAF) (ICAN) has been announcing a series of collaborative agreements with a number of publiccannabis companies. Its most recent collaboration is with British Columbia, Canada-based New Age Farm, Inc. New Age Farm is an agricultural services company offering unique turnkey growing infrastructure and services for licensed growers and processors of luxury marijuana crops at its agri-campuses in Washington State.
"Between our Sprays, vapes and beverages, all infused with CBD, we will be able to offer a well-rounded variety of products that complement each other and provide health benefits for consumers. This is an excellent opportunity to combine marketing efforts and get out into the public to bring awareness and education on the benefits of CBD and the many innovative ways to deliver it," said John Knapp, CEO of Integrated Cannabis.
For More Information On Integrated Cannabis Company, Click Here
MedMen Enterprises, Inc. (MMNFF) (MMEN.CN) announced today that it has reached agreement to sell a significant portion of its real estate assets to the newly formed Treehouse Real Estate Investment Trust.
Treehouse is a real estate investment vehicle that capitalizes on the cannabis industry's continued growth; initial investors include real estate firms New England Development, Samuels & Associates and Visconsi Companies, in partnership with Stable Road Capital.
"MedMen owns and controls some of the best real estate in today's burgeoning cannabis industry and they will serve as an important seed portfolio for Treehouse," said Brian Kabot, chief investment officer of Stable Road. "Given the investor interest in the sector, this vehicle made a lot of sense. More importantly, this creates liquidity and creates an efficient form of off-balance sheet financing to foster further growth for MedMen and others in the industry who wish to grow."
Shares of MedMen Enterprises reached new 2018 highs this morning after hitting $7.57 per share during the early morning session.
Formore information on MedMen, Click Here
iAnthus Capital Holdings, Inc. (IAN.CN)(ITHUF) along with MPX Bioceutical Corporation (MPX.CN)(MPXEF) announced today that both companies have signed an arrangement agreement pursuant to which iAnthus will combine with MPX in an all-stock transaction with offered equity consideration to MPX shareholders valued at $835 million before giving effect to MPX International (defined below) and assuming all of MPX's dilutive securities are exercised prior to the completion of the transaction. The Agreement represents the first public-to-public merger transaction in U.S. cannabis history.
The combined company, excluding MPX International, will encompass operations and cannabis licenses in 10 states that will permit iAnthus to operate 56 retail locations and 14 cultivation/processing facilities.
ForMore Information On iAnthus, 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 2 months beginning September 4, 2018, and ending March 9, 2019. This payment has been increased to $75,000 per month for the period of November 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. MarijuanaStocks.com, which is owned by MAPH Enterprises LLC., a Florida Corporation has been previously compensated $100,000 by a non-affiliate 3rd party for a 1 year period beginning August 1, 2017 and ending August 1, 2018 to publicly disseminate information about CNRP Mining, Inc. (CND.CN) (CRPGF) that is now Integrated Cannabis Company. We own zero shares. Please click herefor full disclaimer.
Contact Information:
SOURCE: MarijuanaStocks.com
