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3 Marijuana Stocks Riding The Latest Cannabis Industry Wave

CORAL GABLES, FL / ACCESSWIRE / September 26, 2018 / Excitement surrounding the latest cannabis boom has consumed the markets over the last 2 weeks. The recent craze around pot stocks sent investors looking for shares in big names like Tilray (TLRY) and Canopy Growth (CGC).

Additionally, one of the few cannabis ETFs that track the industry, the ETFMG Alternative Harvest ETF (MJ), has jumped by more than 30% since March. Alcoholic-beverage maker Constellation Brands' $4 billion investment in Canadian marijuana company Canopy Growth was a big catalyst in recent weeks. This was followed up buy a number of other companies like Molson Coors and even Coca Cola eyeing the cannabis market. Since the Constellation deal, investments in the ETF have doubled according to reports. Now the ETF has over $658 million assets under management.

With this new market trend in mind, there are several marijuana stocks that have followed the latest industry move.

Leafbuyer Technologies, Inc. (OTCQB:LBUY) has seen above average market activity this week. Earlier this month the stock pulled back to lows of $0.55 on September 13. This week however, shares of Leafbuyer have moved up as high as $0.98 on Tuesday.

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The company announced a non-binding letter of intent that will be put in place for the acquisition of California-based Greenlight Technologies. Greenlight's technology will support Leafbuyer's customers and allow consumers to pre-order cannabis products via mobile app and pick the orders up in their local store.

The technology company provides cannabis consumers real-time mobile ordering and loyalty rewards through a native application that integrates with the local dispensary's point of sale system.

"We believe Greenlight's technology and team will be a tremendous addition to Leafbuyer. Their presence in California will allow us to serve that rapidly growing market and tap into a significant new revenue stream. Offering mobile app pre-ordering will allow consumers to skip long lines and enjoy a better overall experience. We believe this service will offer dispensaries a powerful new tool and will allow us to cross-sell the Leafbuyer suite of solutions to a much larger sector of the market" said Kurt Rossner, Chairman and CEO of Leafbuyer.

ForMore Information On Leafbuyer, Click Here

Liberty Health Sciences Inc. (LHSIF)(LHS.CN) operates four dispensaries and six delivery hubs. The Company has also signed seven new leases for dispensaries that are at various stages of permitting and construction. Primarily the company is a provider of high quality cannabis experiences. Earlier this week the company announced that they have entered an exclusive partnership with AdaViv Inc., a hardware-enabled, predictive agriculture company, to improve production of cannabis at its Liberty Health Sciences 360 Innovation Campus in Gainesville, FL.

AdaViv will integrate its adaptive Computer Vision software and Machine Learning platform into Liberty's 360 Innovation Campus and, together, will look to push the state-of-the-art in greenhouse technology and precision growing to new levels of productivity and efficiency.

"This partnership demonstrates Liberty's commitment for being a cutting-edge company that consistently looks for new ways to advance common practices through data and technology," said George Scorsis, CEO of Liberty Health Sciences, in a recent press release.

ForMore Information On Liberty Health Sciences, Click Here

KushCo Holdings, Inc. (KSHB) is the parent company to a diverse group of business units that are transformative leaders in the cannabis, CBD and other related industries. Yesterday the company announced that it has entered into a strategic transaction with Smoke Cartel (SMKC) to sell Roll-uh-Bowl, an online distribution platform for retail sales of collapsible and unbreakable medical-grade silicone water pipes.

"This transaction exemplifies our dedication to continuing the development of our core competencies, ensuring focus is maintained on providing leading packaging, supplies, wholesale vaporizer hardware, gas and solvents for the medical and adult-use cannabis industry" said CEO Nick Kovacevich.

Shares of KushCo Holdings have rallied by as much as 19% since the opening bell on September 17. Tuesday's closing price was just shy of the 2 week high of $6.35.

ForMore Information On KushCo, 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 Leafbuyer Technologies Inc., Midam is being paid $50,000 for a period of 30 days beginning September 24, 2018 and ending October 24, 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.Please click herefor full disclaimer

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SOURCE: MarijuanaStocks.com