The marijuana industry has changed vastly over the past twelve months, but if anything has occurred, the last year has been a large change to the entirety of the market. With the legalization of recreational cannabis leading the charge throughout the industry, marijuana stocks still present a massive opportunity for investors to get in on.
There are still several factors that stand in the way of cannabis becoming a completely bull market, but all stars seem to be aligning for marijuana. One aspect that many forget to consider is the fact that cannabis as a market is still very much in its infancy. This means that laws have not fully been enacted, and individuals are still working out just how to get involved in cannabis stocks. Regardless, some companies have continued to show a massive propensity for future gains as the market edges forward.
GTEC Holdings, Inc. (GGTTF) is one of the leading craft producers of cannabis throughout the world. Based out of Canada, GTEC recently showed massive gains upwards of 15% which is one of the main reasons so many investors have flocked to the company. With a market cap of around $30 million, they are in no way one of the largest players in the industry, but they should not be overlooked due to their size. GTEC has continued to provide information to investors regarding their completely vertical business model. The vertical nature of how GTEC is run is another primary reason for their major success in recent days.
Vertical integration has helped GTEC to ensure that their product is meeting the highest quality demands that the market has seen. Since they control every aspect of their production, there is no margin for error from any middleman as could occur in other businesses. GTEC also is able to reap the most profits out of this business model due to the same idea of not having any companies to deal with in their line of production. GTEC has shown that their premium, high THC content cannabis can be quite profitable currently wholesaling at around $6.50 per gram. With a widely experienced team and eyes on the future, GTEC Holdings can help to give investors an opportunity that still may be relatively unknown to most.
Scotts Miracle-Gro (NYSE:SMG) has continued to provide investors with an alternative exposure to the cannabis market. Of course, Scotts is primarily invested in the gardening industry, but in recent times they have made a series of acquisitions that have led them directly into the cannabis space. Scotts has reported that as much as 13% or around $350 million of their total revenue has come from their subsidiary Hawthorne Gardening which is more aimed at hydroponic operations and marijuana growth.
Scotts has also been working to build out their latest acquisition; Sunlight Supply, which will in the end be worth as much as $450 million. Sunlight provides similar products to Hawthorne, but they do show that they may have a broader portfolio of products in comparison to the latter.
The marijuana stock market continues to present investors with massive opportunity. As we recover from the most recent bout of volatility, more and more companies should continue to show their faces.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC, Midam Ventures LLC and GTEC Holdings Inc., Midam is being paid $63,333 per month from the company for a total of 12 months and has received ZERO shares of GTEC Holdings Inc. for a duration of beginning July 10, 2018 and ending July 10, 2019. We may buy or sell additional shares of (GTEC) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.
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