The marijuana industry has been booming for over a year at this point.... These Marijuana Stocks Are Leading the Industry

The marijuana industry has been booming for over a year at this point. With so many updates to legislation and a changing political/social sphere surrounding the market, it seems as though the future is potentially even brighter than the present.

Some companies have become defined as industry leaders due to not only their market cap, but their position in the industry. Many of these are growers or what are known as pure-play cannabis companies which simply means that they are primarily in the business of growing marijuana. Growers now are working on expanding their capacity so that they can work to meet the demand of the future market.

Next Green Wave (NXGWF) (NGW) is one of the primary growers of cannabis in the Californian space. The company has been working to up their production to new highs so that they can meet the demand of the largest marijuana market in the world. Next Green Wave has stated that they have as much as 60,000 square feet of grow space currently in the works. Well this may not seem like much, it is a large step in the right direction for growth.

Additionally, Next Green Wave operates as wholly vertical. Because of this, they can ensure their product is at the highest quality. The verticality of their business model also ensures they are able to produce the highest amount of profits due to not having a middle man. The vertical integration business model has proven to be one of the most successful in terms of business growth.

Innovative Industrial Properties (NYSE:IIPR) is not a pure-play cannabis stock, but regardless they have a large amount of correlations to the marijuana industry. The company saw its revenue jump up by a staggering 150% during the third quarter of last year. One of the great things about IIPR is that they offer a very predictable revenue stream.

The company currently owns as many as 10 properties in eight states as of the end of last year. IIPR has continued to work on producing all of the needed aspects for companies to build their growth operations. Additionally, they also offer upwards of 3% dividends which should entice some investors.

Canopy Growth (NYSE:CGC) is potentially one of the most popular cannabis stocks in the industry. Canopy is also known as the world’s largest publicly traded cannabis company, which makes them one of the industry leaders by far. Canopy made headlines only a few months ago as they received an infusion of $4 billion or so in the form of a bought deal stock offering. This was and is the largest investment into the cannabis industry through and through and has helped to give the market some much needed credibility.

Canopy has been working to build out their markets even further and has stated that they may even enter the hemp market now that the Farm Bill is legalized throughout the U.S. All in all, Canopy should remain at the top of investor interest due to the amount of reliance the industry has on their numbers.

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. Midam has been compensated an additional $75,000 and has extended its period of coverage to January 8, 2019. 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.

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