Many of the largest marijuana stocks have been working to put out their... Marijuana Stocks and What The Current Numbers Say About The Sector

Many of the largest marijuana stocks have been working to put out their most recent sales numbers as we move toward the end of the year. Although expectations have been extremely high, it seems as though a lot of the reports have shown capital from these companies moving in other directions such as production of the product and the building of new spaces to grow marijuana. Some of the listed companies such as Canopy Growth and Aurora Cannabis have seen their stocks drop down quite substantially, but this is yet another bout of volatility brought on by the speculative nature of the market. The data shows that although companies such as Tilray (NASDAQ:TLRY) have reported sales increases of over 80%, people still remain bearish about the pricing of some of these companies.

Next Green Wave (NGW) has been one of the companies that was able to maintain its share prices during the most recent bout of volatility. The company provides completely vertically integrated methods to produce cannabis which means that they are one of only a few using this business model. Based out of California, NGW has a massive amount of exposure to the largest cannabis market in the world, and has been working to get their production up to where it needs to be in the future. Demand for cannabis has managed to continue skyrocketing in the past few months, but growers and producers of the substance have been working to catch up. NGW currently has as much as 80,000 square feet of growing space currently in the works, which means that when they are at full capacity, they could join some of the largest producers of marijuana in the world. All in all, Next Green Wave and their team of seasoned professionals in the industry, seems to be one of the more prominent companies to take a look at as we move forward throughout the industry.

Tilray (NASDAQ:TLRY) is one of the biggest names in cannabis at the current moment. The company saw a massive amount of increase in sales as mentioned above, but despite this investors saw the price drop for the company in the double digits. While this may signal a bearish period for some, many investors have decided to take this as an opportunity to get in at a lower price. Much of the prices of some of the top stocks in the industry have been extremely inflated due to hype surrounding the industry in the past year or so. In that time, prices have managed to move toward the intrinsic value of the companies rather than simply trading off of speculation. This seems to be a solid direction that the industry is moving toward, and only the future will tell if stability will continue to become one of the main principles of marijuana stocks.

Companies such as the ones mentioned above have been working to continue building the cannabis space up to where it can be in the near future. The hopes are high that marijuana stocks will continue their reign toward the future as more and more companies come into play.

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Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of, Midam Ventures LLC and Next Green Wave (NGW), Midam has been paid $150,000 from Next Green Wave (NGW) for a period from October 1, 2018 to November 8, 2018. Midam has been compensated an additional $100,000 and has extended its period of coverage to December 8, 2018. We may buy or sell additional shares of (NGW) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Next Green Wave. Please click here for full disclaimer 

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MJ Shareholders is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers

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