$LXRP Marijuana Stocks Worth Keeping On Your Radar
CORAL GABLES, FL / February 14,2019 / What’s interesting about marijuana stocks is how they’ve managed to overcome great adversity throughout the course of the past few years, and still generate excitement. Companies invested in the cannabis sector have known from the very beginning that the odds were stacked against them, in terms of public support. Only recently, after the passing of monumental pieces of legislation in favor of legalizing marijuana, have people started to change their minds. Though the naysayers still try to speak the loudest, the fact is cannabis companies know how incredible their products are, and how these products can dramatically improve the quality of life for consumers. As we progress into the future, if public opinion continues to turn more favorable, this could result in investors flocking to the nascent cannabis sector. Next Green Wave Holdings Inc (NXGWF) (NGW), Sunniva Inc (OTCQB: SNNVF), Lexaria Bioscience Corp (OTCQX: LXRP), and United Cannabis Corporation (OTCQB: CNAB) are 4 pot stocks worth paying attention to this month.
Next Green Wave Holdings Inc (NXGWF) (NGW) is a vertically integrated seed-to-consumer premium medicinal and recreational cannabis company operating in California, the world’s largest cannabis market. Presently, the Company owns and operates over 15 acres of cannabis-zoned development land is nearing completion on its first proprietary engineered 35,000 sq. ft. facility. The Company is determined to provide premium products and brands to both medicinal and adult use consumers.
Next Green Wave Holdings Inc (NXGWF) (NGW) today announced that it has entered into a memorandum of understanding to take a strategic investment in Organic Medical Growth OMG3 INC, a Canadian based company operating a wholly owned Colombian subsidiary called Proymed S.A.S. Proymed is a medical cannabis company focused on producing and commercializing non-psychoactive (CBD) products derived from medicinal and industrial cannabis. Proymed is finalizing its transformation and psychoactive (THC) licenses in Colombia as well as finalizing international distribution agreements.
Following this announcement, Leigh Huges, CEO of Next Green Wave Holdings Inc (NXGWF) (NGW), said, “we are excited to become a strategic partner of OMG as they position themselves to be a leader in the production and distribution of medical cannabis in Colombia. With the likes of PharmaCielo Ltd. and Khiron Life Sciences Corp gaining recent global exposure in the cannabis world, it is clear that Colombia hasthe brilliant potential for a low-cost, high-margin business model. Our partnership will benefit both parties by accelerating OMG to become a leader in the Colombian market whilst giving Next Green Wave future licensing opportunities and distribution beyond the California market.”
For More Information On Next Green Wave Holdings Inc, Click Here
Sunniva Inc (SNNVF), a North American provider of cannabis products and services, today announced that the Company has secured an additional $4 million in purchase orders from select retail dispensaries in southern California for Sunniva branded cannabis products. This increases the total sales orders received to date to USD $11.5 million of products to be sold in the first four months of 2019.
Per the details of the announcement, Sunniva anticipates continued growth in sales volumes in the second quarter, increasing monthly throughout the year, secured by similar types of retail purchase contracts.
For More Information On Sunniva Inc, Click Here
Lexaria Bioscience Corp (LXRP) today announced that its wholly-owned subsidiary Lexaria Nicotine LLC and Altria Ventures Inc, an indirect wholly-owned subsidiary of Altria Group Inc have executed definitive agreements to pursue innovation in oral, reduced risk nicotine consumer products using Lexaria’s patented DehydraTECHâ„¢ technology. Lexaria’s DehydraTECHâ„¢ technology enhances the performance of beneficial compounds in ingestible products across four categories: taste & smell, the speed of action, bio-absorption and bioavailability.
Chris Bunka, CEO of Lexaria, commented, “Lexaria Bioscience is proud that, after careful selection, Altria has chosen to fund research into DehydraTECHâ„¢ technology and potentially commercialize this technology for oral nicotine. This partnership will provide significant benefits to Lexaria Bioscience and its shareholders with a world-class R&D Program and regulatory compliance process. We believe Altria is the best corporate partner we could work with to truly make a difference in the lives of millions of consumers.”
For More Information On Lexaria Bioscience Corp, Click Here
United Cannabis Corporation (CNAB) announced earlier this week that the Company has entered into a joint venture with Blue Water Green Bridge, LLC, to establish an industrial hemp processing plant. Following the passing of the 2018 Federal Farm Bill, the joint venture will be able to produce industrial hemp for the growing domestic markets.
Per the details of the announcement, the Company expects to expand the services offered to include purification, testing and processing, as well as packaging, fulfillment, and secure storage capabilities.
For More Information On United Cannabis Corporation, Click Here
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Legal Disclaimer
Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. MAPH Enterprises LLC which owns www.MarijuanaStocks.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.
MAPH Enterprises LLC, which owns www.MarijuanaStocks.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. MAPH Enterprises LLC, which owns www.MarijuanaStocks.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), 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. Midam has been compensated an additional $50,000 and has extended its period of coverage to February 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. For disclaimer information, click here.
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