Marijuana Stocks Thursday Morning Update – May 16, 2019

Marijuana stocks have begun to see a bit of a reversal from the previous pullback. With new developments on a legalization front, it comes as a welcome sign that the cannabis sector momentum has started to build. It’s time to get ready for a new day for profit opportunities. Check out today’s top trending news and articles:

Leafbuyer Technologies, Inc. (LBUY) Announces Record Revenue Growth

Leafbuyer Technologies, Inc. (LBUY) (“Leafbuyer” or “the Company”), a leading cannabis marketing and technology platform, announced today its quarterly sales increased 70% in the quarter ending March 31, 2019. The growth reflects the revenue booked in the quarter versus the same quarter of the previous year.

Ohio Medicinal Cannabis Sales Hits $5.8 Million In First Four Month

One of the biggest developments of the marijuana industry has been its legalization in select states across the United States. The latest state to legalize medical marijuana was the state of Ohio, which passed the legislation in January of this year. As soon as the legalization kicked in, the sales of medical marijuana in the state have shot up and the figures show that there is a thriving demand for the product.

Biome Grow Inc. (BIOIF) (BIO.CN) Announces Appointment of Rita Theil to its Board of Directors

Biome Grow Inc. (“Biome”) is pleased to announce the appointment of Rita Theil as an independent member of its Board of Directors effective immediately.  Ms. Theil has extensive governance experience at the board level of both public and private companies, with a particular focus on enterprises operating in highly regulated industries.  She is currently President and Chief Executive Officer of JacKryn Holdings Inc., which is a leading corporate finance advisory firm specializing in capital markets, strategy development and execution, M&A and merger integration. In 2003, Ms. Theil also established the Women’s Mentor Initiative.

HEXO Corp (HEXO) and the Ottawa Food Bank partner to provide more fresh food to people in need

HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE-A: HEXO) and the Ottawa Food Bank are pleased to collaborate to provide better access to healthy and sustainable food to the region.

Disclaimer: Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Leafbuyer Technologies Inc., Midam is being paid $50,000 for a period of 30 days beginning November 1, 2018, and ending November 30, 2018. Midam has been paid an additional $50,000 and 40,000 common restricted shares of Leafbuyer Technologies, Inc. extending the contract another 30 days ending December 31, 2018. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to January 31, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to March 1, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to April 1, 2019. Midam has been compensated an additional $100,000 by Leafbuyer Technologies for a period of coverage from April 12, 2019 to June 12, 2019. We owned 77,000 shares of Leafbuyer Technologies. We may buy or sell additional shares of (LBUY) in the open market at any time (as of 3/29/2019) Midam Ventures no longer owns 77,000 shares of LBUY), including before, during or after the Website and Information, to provide public dissemination of favorable Information about Leafbuyer Technologies Inc.

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).