Yahoo Finance These 4 Marijuana Stocks Could Surpass January Highs
CORAL GABLES, FL / ACCESSWIRE / January 31, 2019 / The marijuana stock market has remained consistently in the spotlight this year. As we've seen over the past couple of months, several countries, including the United States, passed positive legislation in favor of the legalization of cannabis. In the first month of the new year, companies have seen bullish returns, signaling the notion that public opinion, coupled with investor attention, is turning more favorable as time goes on. As we continue to move through this new year, the hopes are that the cannabis industry will be able to see even more gains in the future. Biome Grow Inc (CSE:BIO) (BIOIF) (6OTA.F), Pyxus International Inc (PYX), United Cannabis Corporation (CNAB), and Cannabis Science Inc (OTC PINK: CBIS) are four cannabis companies determined to champion products and services designed with the consumer in mind.
Biome Grow Inc (CSE:BIO) (BIOIF) (6OTA.F) is a company that you made not of heard of but could benefit from looking into. The Company is posted to become the next Canadian cannabis conglomerate. Biome's expert leadership team has made sure to maintain a diversified set of holdings for the Company, across sectors such as finance, growing technologies, regulatory affairs, business building, and marketing.
Biome Grow Inc (CSE:BIO) (BIOIF) (6OTA.F) is built for growth and build to last in an exciting but volatile industry that will continue to dominate headlines in the coming months and years.
Earlier this month, Biome Grow Inc (CSE:BIO) (BIOIF) (6OTA.F) announced that its Nova Scotia-based brand Highland Grow Inc. had secured a second purchase order with the Nova Scotia Liquor Corporation. Per the details of the announcement, the second shipment associated with this new purchase order left the High Grow facility earlier this month and was expected to be on store shelves later this month. Through this shipment, Highland Grow will introduce a fourth genetic offering into its local market and will continue to expand its genetic and product offerings throughout 2019.
Khurram Malik, CEO of Biome Grow Inc (CSE:BIO) (BIOIF) (6OTA.F), commented, "the future of Nova Scotia's cannabis market is looking very bright. We anticipated that consumers would be exploring the cannabis retail market looking for not only diverse offerings but locally produced cannabis products and we were right. We believe this further validates Biome's mission to execute a localized approach."
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Pyxus International Inc (PYX) today announced that one of its partners, Criticality, a North Carolina-based agricultural hemp company, will be expanding its consumer products under its brand name Korent with the launch of its line of cannabidiol (CBD) e-liquids. The announcement follows the brand's launch of CBD oils in December 2018.
Following the announcement, Brian Moyer, Chief Executive Officer of Criticality, said, "Korent's CBD products are expertly crafted and designed to help consumers effectively restore balance to their lives. Our new line of CBD e-liquids uses high-quality, verifiable ingredients. Criticality provides unparalleled transparency into the production of our industrial hemp and hemp-derived products. The company's expertise in extraction and purification technologies enables us to produce superior hemp products that adhere to the highest quality standards."
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United Cannabis Corporation (CNAB) announced earlier this month that it had launched an industrial hemp testing facility in Golden, Colorado. The Company will provide independent testing for processors and manufacturers working under the 2018 Federal Farm Bill and Colorado'sDepartment of Agriculture's Industrial Hemp Program. The facility is currently offering potency testing services, with terpene profiling, residual solvent analysis and heavy metal testing to follow.
Chad Ruby, Chief Operating Officer Of United Cannabis, stated, "we have been performing our own internal testing for the last several months and are now ready to offer our services to the entire hemp industry. Testing is an increasingly important component of any hemp-related business, for processors, manufacturers, formulators, and resellers looking to ensure their end products are produced as intended."
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Cannabis Science Inc (CBIS), a U.S. company specializing in the development of cannabinoid-based medicines, announced earlier this month that they will begin using a new website for online information sharing to interact with the general public on all Company projects, Drug Development initiatives, Partnership programs, CBIS Consortium, University Scholarship programs, and all RCD initiatives.
In a press release regarding the matter, Raymond Dabney, CBIS' President, CEO, and Co-founder said, "I can see that people are starting to get it. Who we are, what we stand for, and the positives changes we are making with our University economic drug development programs The new partnerships and investment inquiries have both risen extraordinarily! The growth potential is extraordinary, we can create jobs everywhere, in almost every industry, in almost any demographic."
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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 Biome Grow, Midam is being paid a total of $240,000 ($20,000 per month) for a period beginning on October 1, 2018, and ending on October 1, 2019. We own 0 shares of Biome Grow (BIO.CN). We may buy or sell additional shares of Biome Grow in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Biome Grow (BIO.CN). Click here for our full disclaimer.
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