Three of the Biggest Beneficiaries of the Cannabis Retail Story

HOUSTON, TX / ACCESSWIRE / April 22, 2019 / As Americans quickly recognize the health benefits of cannabis, it's no surprise that approval ratings are just beginning to spike.

In fact, according to The General Social Survey conducted by NORC at the University of Chicago, 61% of those surveyed support legalization. A Gallup survey found that up to 66% of Americans are in favor of legalization. In addition, a Pew survey found that 62% of Americans want to see cannabis legalization in the country, as compared to just 57% in 2015.

It's become so popular that even Martha Stewart is working with Canopy Growth Corporation to develop new cannabis-based products. Simon Property, the country's biggest mall owner is working with cannabis goods makers to open new retail shops.

Even fast food chain, Carl's Jr. was selling a CBD-infused burger in Denver.

"CBD is one of the hottest culinary trends right now, and what better place to test this new burger than in Denver, a city that has been a trailblazer in the CBD movement," said Carl's Jr., as quoted by Reuters.

As the story unfolds, some of the top beneficiaries include Lifestyle Delivery Systems Inc. (CNSX: LDS)(OTCQX: LDSYF), Cresco Labs Inc. (CNSX: CL) (OTCQX: CRLBF), and Green Growth Brands Inc. (CNSX: GGB) (OTCQB: GGBXF).

Lifestyle Delivery Systems Inc. (LDS)(LDSYF) just announced that subsidiary CSPA Group Inc. took part in the High Times 420 and Kushstock 420 events in California, where the company's CannaStrips product was completely sold out before the conclusion of both events.

"The CannaStrips popularity continues to grow. I was personally present at the High Times 420 Sacramento event and the interest and acceptance of the CannaStrips product line was amazing, everyone wanted to know more about CannaStrips and details of the product line. There wasn't a moment that the booth didn't have multiple visitors. It was a great event for CSPA Group and CannaStrips," said Casey Fenwick, President of LDS.

For More Information on Lifestyle Delivery Systems Inc., Click Here.

Cresco Labs Inc. (CL)(CRLBF)is betting big on the California cannabis market with a C$1.1 billion acquisition of Origin House. The deal will create a premiere distribution company that will serve the largest cannabis market in the world, California.

"[The deal] establishes Cresco Labs as the leading multi-state operator with one of the largest distribution platforms in California, which is projected to be a $7.7 billion cannabis market in 2022 by Arcview Market Research/BDS Analytics," said Cresco Chief Executive and Co-founder Charlie Bachtel, as quoted by MarketWatch. " Following the closing of this acquisition, Cresco brands will be in over 725 dispensaries across the country, giving us the largest and most strategic distribution footprint of any cannabis company in the United States."

For More Information on Cresco Labs Inc., Click Here.

Green Growth Brands Inc. (GGB)(GGBXF) is marketing its CBD personal care products under its Seventh Sense Brand. The company just opened two new CBD shops in Indianapolis Indiana, and Louisville, Kentucky. The new locations are the fourth and fifth Seventh Sense shops to open of the hundreds planned for the year.

The company also just launched cannabis brand, CAMP. CAMP's debut product, Happy Camper cartridges feature 100% solventless rosin. "At the heart of what we do is creating brands, products, and experiences that people love," said Peter Horvath , CEO of Green Growth Brands. "One of our differentiators is the ability to develop and launch new brands that will grow into substantial businesses. We are so proud to officially launch CAMP, and are excited to bring more CAMP products to our loyal customers in Nevada and beyond."

For More Information on Green Growth Brands Inc., Click Here.

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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. Winning Media which has a partnership with www.MarijuanaStox.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.

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