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The End of June Gives More Hope to Marijuana Stocks

With so much going in the industry, it seems as though it can often be difficult to pick a pot stock that lines up with all of the proper criteria. While many think to look at the companies that grow the substance, there is often a large amount of potential lying in the companies that offer alternative services to the market overall.

Canopy Growth Corporation (CGC) (WEED.TO) and Acreage (ACRGF) Implement Previously Announced Plan of Arrangement

Acreage Holdings, Inc. (“Acreage“) (ACRG-U.CN) (ACRGF) (FSE:0ZV) and Canopy Growth Corporation (“Canopy Growth“) (WEED.TO) (CGC) (together, the “Companies“) are pleased to announce the implementation of Acreage’s previously announced arrangement under section 288 of the Business Corporations Act (British Columbia) with Canopy Growth (the “Arrangement“).

More States In The U.S. Join The Fight to Legalize Marijuana

The U.S. has led the majority of the world (besides Canada) in terms of legalizing marijuana on a state-wide basis. With more than half of the country having some sort of legal cannabis laws, now is a better time than ever for the world of weed.

A Bullish Case For US Marijuana Stocks: One Stands Out

The opportunity for marijuana stocks in the US is too big to ignore in our opinion. While bigger funds and day traders target “the next big Canadian pot stock,” the smart money bets may be on those companies “south of the border” and we don’t mean Mexico. We’re talking the land of the red, white and blue, the United States.

Needless to say, there are several marijuana stocks to watch after this hearing concluded. Some of which may already have systems in place to address this growing need for compliance. Other marijuana stocks include companies that are building a model around the industry as a whole and we’ll explain how.

Leafbuyer Technologies (LBUY) for example, is focusing mostly on information and building its brand around several key assets. First, its website, Leafbuyer.com, connects consumers to businesses and products across the industry. Not only has the company been able to realize record quarterly revenue growth for multiple quarters in a row, but Leafbuyer has also been expanding its presence in North America as a whole.

The company opened additional offices on the west coast and further, announced partnerships with outlets like the Oklahoma Gazette as well as dozens of dispensary clients. The launch of its Greenlight Platform for ordering from dispensaries has been quickly received by consumers with over 80,000 users to date. Complementing this was the launch of its delivery mobile app feature to allow dispensaries in states like California, Arizona, Nevada, and Washington to add delivery to their offering all through Greenlight.

But the most recent and potentially beneficial development that the public has begun to find is the signing of a letter of intent to acquire CBD.io. According to Leafbuyer, this deal could effectively double the company’s current revenue run rate. CBD.io is a successful expo operator for the CBD industry and plans to rapidly expand its offering this year. Kurt Rossner, CEO of Leafbuyer said directly, “Last year, CBD.io sold nearly 200 booths, this year we will cross-sell our platform of over 400 clients and look to double that.”

[Read More] One Of The Hottest Marijuana Stocks To Watch This Summer

But this doesn’t mean that there aren’t other marijuana stocks that could be well positioned for whatever outcome results from the FDA’s decision. Look at some of the long-standing companies in the industry that have not only expanded in North America but across the globe as well. With so many different rules in so many different countries, would it be likely for established producers to have internal regulations in place?

A big topic of discussion was testing and things like GMP certification. This entails “practices required in order to conform to the guidelines recommended by agencies that control the authorization and licensing of the manufacture and sale of food and beverages, cosmetics, pharmaceutical products, dietary supplements, and medical devices.”

Canopy Growth (CGC) (WEED.TO), for example, has operated under these types of guidelines for a while now. Its production processes have already achieved GMP certification at its Canadian headquarters in Smiths Falls, Ontario. Even the company’s partners are abiding by these strict standards when doing business with Canopy.

In its deal with PharmHouse, the brand said that it is committed to producing GMP-certified, high-grade cannabis flower within 18 months of its cultivation license and the flower must comply with the Company’s high standards for cannabis quality. This isn’t just to allow a higher quality product in North America but also to allow it to export the flower to its international divisions.

This morning Canopy announced that its medical division is pursuing research to introduce products for therapeutic areas of pain, mood and sleep to access new markets that are independent of medical cannabis laws.

Similarly, Aurora Cannabis (ACB) (ACB.TO) has taken steps to offer and maintain a fully transparent and high-grade product. Each of Aurora’s facilities is built to meet EU GMP standards. EU GMP certification has been granted to Aurora’s first production facility in Mountain View County, the MedReleaf Markham facility, and its wholly owned European medical cannabis distributor Aurora Deutschland.

Aurora recently announced that it had exercised its option with EnWave for South America. The companies signed an exclusive, royalty-bearing commercial license agreement with sub-licensing rights for the use by Aurora of EnWave’s proprietary Radiant Energy Vacuum dehydration technology for the drying of cannabis in South America (excluding Peru).

Aurora will hold the exclusive master license for the drying of cannabis using REV in the South American license territory and will work with EnWave to pursue additional sub-licensing opportunities. Aurora will receive an undisclosed share of royalties derived from any cannabis product dried with REV technology by sub-licensees in the South American license territory. This is the third such agreement signed by Aurora and EnWave.

Marijuana stocks remain in the market spotlight this year. The close of 2018 saw many cannabis companies fall short of stock market expectations. While some of this decline was due to insider selling, the other part had much to do with the broader market decline. Investors shed weight in higher risk equities and with cannabis legalization still eluding the US market, this still weighs on investors’ minds.

But what ended in red and opened into the green in 2019. With the kick start to a seemingly bullish year, many marijuana stocks are finding themselves in the spotlight. More and more are even vying for a place on US exchanges including the NYSE and NASDAQ.

UpNext: Marijuana Stocks: One Team & A Multi-Million Dollar Smoking Gun

Canopy Growth (CGC) (WEED), Aphria (APHA), Aurora Cannabis (ACB), Tilray (TLRY) and Cronos Group (CRON) have found their way to the broader US exchanges. And while there are still some US-listed cannabis stocks aiming to list in Canada, the smart money bet may be on the Canadian companies looking to register in the US.

The Latest Cannabis Company To List In The US

Hexo Corp trades on the Canadian TSE under the symbol HEXO and the US OTC under the symbol HYYDF. You may have heard of the company from its deal with Molson Coors (TAP) last year.

“Aug. 1, 2018 /CNW/ – Molson Coors Canada, the Canadian business unit of Molson Coors Brewing Company (NYSE: TAP; TSX: TPX), and leading Canadian cannabis producer, The Hydropothecary Corporation (“HEXO”) (TSX: HEXO), are pleased to announce that they have entered into a definitive agreement to form a joint venture to pursue opportunities to develop non-alcoholic, cannabis-infused beverages for the Canadian market following legalization. “

HEXO Isn’t Alone

In January, the company promptly began trading as HEXO on both exchanges to become on of the newest marijuana stocks to offer more significant institutions in the US, some exposure to the cannabis industry boom.

But this hasn’t been the only company to want to tread in the same wake as Canopy, Tilray, and others. CannTrust Holdings also has big plans to list on a major US exchange. Current the company trades in Canada under the symbol “TRST” and in the US as “CNTTF.”

In a November release, the company revealed its plan after reporting record revenue:

The Company is taking steps to list its common shares on the New York Stock Exchange. Any such listing remains subject to the approval of the NYSE and the satisfaction of all applicable listing and regulatory requirements. Peter Aceto said, “CannTrust has firmly established itself as one of the top licensed producers in Canada with a global platform rooted in science and innovation. A U.S. listing is a natural step forward in our evolution as we look to broaden our investor base and expand our business on an international scale.”

In a push to gain more exposure to capital, the US-based company listed in Canada to attract institutions that have more ability to invest in the company since the start of national legalization late last year. Now that more funds and possibly more marijuana stock ETF’s are looking to aim at US markets, CannTrust has set its sites on the NYSE for its up-list.

What Other Companies Are Investors Looking At?

The North American legal marijuana movement has taken hold in a significant way especially during 2018 and now in 2019. The leadership team behind Nabis Holdings (CSE: NAB) (OTC: INNPF) could be ready to deliver in a big way.

The reason? Nabis & its leadership team have been part of and completed some of the biggest deals in the history of legal cannabis. The saying goes, “Don’t just invest in a company, invest in management,” and Nabis Holdings (CSE: NAB) (OTC: INNPF) could have the cream of the crop when it comes to influential players in the industry.

These industry-leading operators are the two co-founders of one “small company”: MPX Bioceutical (CSE: MPX OTC: MPXEF); one of the largest takeover offers in U.S. Cannabis to date when it merged with iAnthus for some CAD $835M.

Shay Shnet and Mark Krytiuk were the founding fathers of MPX and now serve as CEO & President, respectively, of Nabis Holdings (CSE: NAB) (OTC: INNPF). They have decades of experience under their belts in not only overseeing operations but building successful brands & businesses from the ground floor. The skill set is broad and includes everything from product sales to cultivation processes, which for Nabis Holdings (CSE: NAB) (OTC: INNPF) is the cornerstone of the company’s corporate focus.

Streamlined Approach

The company’s streamlined model could bode well for a play on the US legal marijuana industry and US marijuana stocks. Nabis Holdings (CSE: NAB) (OTC: INNPF) announced that it entered into a binding letter of intent to invest in a 70% interest of Hivemind Refinery, an established wellness product line of CBD-based wellness products in the United States. The investment into Hivemind expands Nabis’ investment portfolio to CBD edibles, water, drops, lotions, and other CBD wellness products across the spectrum and will fall under the Company’s lifestyle brand.

Nabis Holdings (CSE: NAB) (OTC: INNPF) focuses on strategically investing in high-quality cash flowing assets across multiple aspects of the cannabis sector primarily in U.S. limited license states with a roadmap to expand globally. The strategy for the company involves identifying and acquiring majority interests in high-quality cash-flowing U.S. cannabis assets and brands in Limited License States at a reasonable price.

New Opportunities From US Farm Bill

The recent push by some marijuana companies and newly trading marijuana stocks could be a result of the US and the recent legalization of Hemp. The Farm Bill makes hemp legal in the US, and one of its derivatives is CBD. This is a favorite ingredient used by many as a non-psychoactive form of cannabis that also yields medicinal qualities according to many.

The recent passing of Farm Bill in the U.S. presents an extraordinary opportunity for cannabis companies to enter the CBD industry and capitalize on the estimated US$22 billion market. This bill legally defines ‘hemp’ and amends the Controlled Substances Act of 1970 concerning marijuana for the first time.

Next Generation Of Marijuana Stocks

In particular, it refers to a new definition of “hemp” as being any “C. Sativa” plant that has THC below 0.3% on a dry weight basis. Though this bill does not legalize cannabis completely, it does legalize strains with low THC and opens big doors for cannabis companies looking to expand in the US market.

With the next wave of companies not only targeting a US listing but one on a major exchange, the bar has been raised. Organizations are not “just looking for a grower” to build a business but proven leadership to take them to the upper echelon of cannabis success. As far as 2019 is concerned, this may be the year that we see the entirety of North America become the world’s leader in legal and medical marijuana enterprise.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Nabis Holdings (OTC:INNPF) (CSE:NAB), Midam has been paid $250,000 by Nabis Holdings (OTC:INNPF) (CSE:NAB) for a period from January 22, 2019 to April 22, 2019. We may buy or sell additional shares of (OTC:INNPF) (CSE:NAB) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Nabis Holdings (OTC:INNPF) (CSE:NAB). Click Here For Full Dislciamer.