4 Marijuana Stocks To Have On Your Watchlist On Monday (3/18/19)

CORAL GABLES, FL / ACCESSWIRE / March 18, 2019 / The marijuana stock market has been something of a media phenomenon the last few years as the cannabis industry has evolved following the advent of significant legislation in support of legalization. In the past, society was largely concerned with the effects of marijuana usage and its potential to disrupt civic normalities, but as we've seen over the course of the past couple of months, a plethora of research and information has been released, proving that cannabis is both harmless as well as beneficial for a multitude of reasons. Doctors and experts in the medical community are now advocating that patients consider medicinal cannabis as a form of alternative treatment for pain relief and symptomatic alleviations related to inflammatory diseases. If companies in the cannabis sector continue to innovate products for consumers and shift the tides that previously condemned the industry, this could generate investor excitement. Leafbuyer Technologies Inc (OTC:LBUY), Terra Tech Corp (TRTC), 1933 Industries Inc (TGIFF), and Harvest Health & Recreation Inc (HRVSF) represent 4 marijuana stocks looking to start strong this week.

Given the infancy of the cannabis sector, consumers expect to be able to research the companies they purchase products from and know exactly what they are purchasing. Leafbuyer Technologies Inc (OTC:LBUY) recognized this need for accurate, extensive information and set out to become the most comprehensive online resource for information related to cannabis, as well as how to procure products currently available on the market. Consumers expect to have access to pertinent information regarding the products they purchase, even more so if these products will be ingested or applied to the body. Leafbuyer has become the authority on cannabis-related information.

Leafbuyer Technologies Inc (OTC:LBUY) made headlines last week when the Company announced the official launch of the leading mobile application, Greenlight, in Colorado and Oklahoma. The news follows a November 8, 2018 press release announcing the Company's acquisition of Greenlight. Through the Greenlight app, consumers can preorder their favorite cannabis products from participating dispensaries and skip the line when they go to pay and pick them up.

Following the announcement, Kurt Rossner, Chief Executive Officer of Leafbuyer Technologies Inc (OTC:LBUY), said, “in this fast-paced industry, we need to stay ahead of technology and continuously improve our offerings to drive more value to our clients. Greenlight is one more platform we have that separates us from our competition, inherently making Leafbuyer a more attractive option to dispensary clients nationwide.''

For More Information On Leafbuyer Technologies Inc, Click Here

Terra Tech Corp (TRTC), a vertically-integrated cannabis agriculture company, issued a letter to its shareholders from the Company's Chairman and CEO, Derek Peterson, on Friday. Amidst the contents of the letter, Peterson shared that ''management believes there is a sizable disconnect between the Company's true value and the current market cap and that we are better served leveraging our balance sheet to fuel growth, rather than accessing the capital markets on a regular basis.''

In addition to this, Peterson also spoke to the fact that the Company finished all material construction expenses at their Oakland and Nevada cultivation and manufacturing facilities and have several operations in various stages of development that will add to the Company's revenue in 2019 and 2020.

For More Information On Terra Tech Corp, Click Here

1933 Industries Inc (TGIFF), a licensed cultivator and producer of cannabis flower and concentrates, as well as hemp-derived CBD wellness products, announced on Friday that the Company has closed its previously announced non-brokered private placement which raised total proceeds of the Company to $4.5 million.

Per the details of the offering, the Company issued 10,000,000 units at $0.45 per Unit. Each Unit consists of one common share and one common share purchase warrant of the Company. Each Warrant entitles the holder to purchase one Share at a price of CDN$0.50 per Share for a period of 24 months following today's closing date of the Offering, subject to the Company's right to accelerate expiry in certain circumstances described below. The net proceeds of the Offering will be used for general working capital.