Yahoo Finance 3 Marijuana Stocks Targeting New Highs This Month
CORAL GABLES, FL / ACCESSWIRE / October 1, 2018 / In just a few weeks, Canada’s Bill C-45 will effectively legalize recreational cannabis use across the country. This is a big political and socialmove, which could have a large impact on Canada’s marketplace. Health Canada has expressed the need for more education and has rolled out a number of public education campaigns in addition to investing money into the effort.
A social media campaign has been underway since last year, and Public Safety started running a campaign on drug-impaired driving last fall. So as more and more attention gets place on Canadian legalization, a number of cannabis stocks from companies based in Canada have begun to trade much higher this month.
Tidal Royalty Corp. (TDRYF)( RLTY.U) is a leading provider of royalty financing to licensed U.S. cannabis operators. The company reported recently that it will be seeking to reinstate its listing on the OTC Markets by way of filing a registration statement with the Securities and Exchange Commission.
"We are committed to rectifying the filing delinquencies of the predecessor company and to reinstate our listing on the OTC Markets," said Paul Rosen, CEO & Chairman of Tidal Royalty. "In the meantime, our stock continues to trade on the CSE."
Tidal Royalty is working to prepare a registration statement on Form 20-F that it expects will rectify the historical filing deficiencies of the predecessor entity and permit FINRA to reinstate Tidal Royalty's eligibility for quotation on the OTC Markets. Tidal Royalty is hopeful its common shares will resume trading on the OTC Markets before the end of the year.
Shares of the company's stock have traded higher leading into the "big month" in Canada
For More Information On Integrated Tidal Royalty, Click Here
Trulieve Cannabis Corp (OTC PINK: TCNNF)(CNSX:TRUL.C) is the latest new listing on the Canadian Securities Exchange, followinga RTO with Schyan Exploration Inc., a reporting issuer in the Province of Ontario. Trulieve US is the first and largest fully-licensed medical cannabis company in the state of Florida and serves over 80,000 patients.
Kim Rivers, CEO, stated in an interview that, "Trulieve US was built with a patients-first mentality by focusing on improving access to medical cannabis while producing the highest quality products in the industry. Achieving this important milestone of a public listing enhances our ability to expand and serve more patients while allowing investors to participate in our growth."
Shares of the "newbie" pot stock have climbed sharply this week amid reports on surging growth an revenue generation compared to industry peers.
For More Information On Trulieve, Click Here
Aurora Cannabis (ACBFF)(ACB.TO) has also caught attention recently. The company released fiscal fourth-quarter earnings and confirmed its intention to list stock on a "senior" U.S. exchange such as the Nasdaq or the New York Stock Exchange.
Aurora Chief Executive Terry Booth said, "This listing provides access to a broader investor audience who gain the opportunity to participate in our continued success."
The company's top line grew 223% to C$19.1 million, up from C$5.9 million in the year-earlier quarter. Aurora logged earnings of C$79.9 million, up from losses of C$4.8 million in last year's quarter; in its financial statements Aurora said the quarter's profits were related to unrealized non-cash gains on derivatives and other marketable securities. Gross profit was C$20.6 million, up from C$5.8 million in the year-ago quarter.
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 Tidal Royalty Corp, Midam is being paid $150,000 for a period of 30 days beginning October 1,2018 and ending November 1, 2018. We own 0 shares of Tidal Royalty Corp. We may buy or sell additional shares of (TDRYF/RLTY.CN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about of Tidal Royalty Corp. As of September 28, 2018, a member of MarijuanaStocks.com owns 47,000 shares ofTruelieve Cannabis Corp (TCNNF)(TRUL.C) which were purchased in the open market and may be sold at any time. Please click here for full disclaimer
Contact Information:
SOURCE: MarijuanaStocks.com
