4 Marijuana Stocks Leading The Market Surge On Thursday (1/24/19)

CORAL GABLES, FL / ACCESSWIRE / January 24, 2019 / Marijuana stocks have become one of the hottest topics in the news over the course of the past few years. With the influx of new pieces legislation meant to give consumers greater access to cannabis products for both recreational and medicinal uses, companies have been working tirelessly to meet the demands of the market. With the increase of capital and business entering the market, the cannabis sector has shown exciting promise in terms of opportunities for investors looking to the space. As January starts to wind down, Global Consortium Inc (OTC:GCGX), New Age Beverages Corp (NBEV), Curaleaf Holdings Inc (CURLF), and HEXO Corp (NYSE:HEXO) are four pot stocks looking to remain on high this month.

Global Consortium Inc (OTC:GCGX) that you might not have heard of, but could definitely benefit from looking into. As the marijuana market has become increasingly more lucrative for some time now, Global Consortium is putting in the work to become one of the industry leaders in terms of hemp-derived CBD products. The company has maintained a focus that not only targets corporate growth but also tackles the public markets as well. Just before the end of the new year, the Company announced that it had rescinded their transactions with Trans Global Group, Inc. effective December 31, 2018.

As the Company takes the steps necessary to lead the CBD industry into the future, Global Consortium Inc (OTC:GCGX) has made it a point to build a corporate framework for these aspirations to be built upon. Earlier this month, the Company announced the beginning of manufacturing operations for Indulge Oils, one of their premium CBD products.

In recent news, Global Consortium Inc (OTC:GCGX) has received a weekly order from a delivery company worth a minimum of $50,000 per week. The delivery company is the only licensed delivered company servicing the Lake Tahoe. According to the announcement, all of Global's product lines will be offered by the delivery company, including Infused Edibles, Indulge Oils, and any other products produced.

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New Age Beverages Corp (NBEV), Colorado and Utah-based organic and natural beverages company determined to lead the healthy beverage industry, announced earlier this month that they had signed into an agreement to develop and distribute Marley branded cannabis-infused beverages. The first product to rollout in the Marley+CBD portfolio will be Marley+CBD Mellow Mood, relaxation drinks in 15.5 oz cans with 25 mg of pharmaceutical grade CBD per serving. Initial market rollout to customers will be in Colorado, Oregon, Washington, and Michigan where cannabis is legal for responsible adult consumption.

Following the announcement, Michael Cunningham, Senior VP of Sales for New Age, commented, ''It makes my job a lot easier when I have retailers and distributors reaching out to me asking for specific products. From the moment the CBD movement began, I've been receiving calls nonstop asking when we'd be going to market with a Marley+CBD product. Retailers and distributors realize that it will be a long road for smaller CBD brands to gain traction and brand equity.''

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Curaleaf Holdings Inc (CURLF) announced in early September 2018 that, as part of its work to support breast cancer patients, their New York subsidiary announced that it had become the first-ever medical cannabis provider to sponsor Susan G. Komen for its annual Race for the Cure 5K event in New York City.

In a press release issued at the time of the announcement, Michelle Bodner, CEO of Curaleaf New York, said, ''Curaleaf is proud to sponsor Susan G. Komen Greater New York City on behalf of the medical cannabis community to continue supporting patients, caregivers and everyone affected by breast cancer in the greater New York City area. Tens of thousands of patients across New York have already benefitted from medical cannabis as part of their symptom management regimen and we're committed to providing more information and access to treatment for breast cancer patients across the state.''

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HEXO Corp (HEXO) found itself in headlines earlier this week when the Company announced that it would be filing a preliminary prospectus supplement to its amended and restated short form base shelf prospectus dated December 14, 2018 relating to a proposed marketed public offering of common shares of the Company for gross proceeds of approximately C$50 million.