CORAL GABLES, FL / ACCESSWIRE / February 20, 2019 / The marijuana stock market has managed to attract momentous investor attention over the last couple of years as companies in the industry have capitalized on the recent shift in public opinion. Following the passing of legislation in favor of legalizing cannabis, specifically the 2018 U.S. Farm Bill, consumers have come to recognize the multitude of benefits presented by cannabis-derived products. Companies in the marijuana industry have shown that they have are extremely dedicated to going the extra mile to develop and commercialize products for consumers. As the future of the industry pushes on, Integrated Cannabis Solutions Inc (IGPK), Trulieve Cannabis Corp (OTC PINK: TCNNF), OrganiGram Holdings Inc (OGRMF) (OGI.V) and Insys Therapeutics Inc (INSY) are four pot stocks gaining tread this week.
Integrated Cannabis Solutions Inc (IGPK) is actively engaged in evaluating investment opportunities in early stage ventures at the crossroads of the rapidly growing medical and recreational marijuana industry. In advancement of these aspirations, the Company has made it clear that it plans on seeking opportunities across domestic cannabis markets, extending far beyond its Wisconsin base.
Integrated Cannabis Solutions Inc (IGPK) today announced that the Company has discovered an opportunity that will allow them to obtain a Cannabis Manufacturing License and Space to operate in California. Per the details of the announcement, Integrated Cannabis' obtaining of the said license will give the Company the ability to begin manufacturing tetrahydrocannabinol and cannabidiol products in California, the world's largest cannabis market.
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Trulieve Cannabis Corp (TCNNF) yesterday announced that the Company has entered into a strategic partnership with SLANG Worldwide, a branded cannabis consumer packaged goods company, which will grant patients in Florida access to SLANG's products from Trulieve's dispensaries across the state.
Kim Rivers, Chief Executive Officer of Trulieve, said, "SLANG operates with the same goals as Trulieve, working to expand patient access and create products that are high-quality, consistent, and reliable. SLANG's expansive portfolio ranges from vaporizer cartridges to edibles to concentrates, all products that will provide Florida's patients with the effective, natural relief they're seeking in ways that are innovative and fresh."
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OrganiGram Holdings Inc (OGRMF) (OGI), the parent company of OrganiGram Inc, today announced that the Company was recognized as one of the 2019 OTCQX Best 50. Organigram was ranked as 4th best performing stock on the OTCQX® Best Market for 2018.
Greg Engel, CEO of OrganiGram, said, "at Organigram we believe corporate excellence and product excellence go hand-in-hand. We are proud to be recognized as one of 2019 OTCQX Best 50, and believe that our team's diligence related to governance, operations and output will continue to support Organigram's continued and growing success both here at home and around the world."
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Insys Thereapeutics Inc (INSY) saw its shares enjoy a 1.33% boost to Wednesday's trading, with shares trading at $5.70. The Company announced in early January the results of a dose-finding pharmacokinetic (PK) study (INS015-18-124) of its epinephrine nasal spray. These results identified a dose that showed a PK profile similar to that of intramuscular injection of EpiPen® (0.3 mg) and Adrenalin® (0.5 mg), both of which are treatments for anaphylaxis, an acute, life-threatening allergic reaction.
Following the Company's announcement, Dr. Venkat Goskonda, senior vice president of research and development, commented, "these results enable us to select an appropriate dose for advancing to the next stage of clinical development. We look forward to working with the FDA to bring a new treatment option for allergy sufferers who experience anaphylaxis."
For More Information On Insys Therapeutics Inc, Click Here
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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 Integrated Cannabis Solutions, Inc. (IGPK), Midam has been paid $20,000 from Integrated Cannabis Solutions, Inc. (IGPK) for a period from February 20, 2019, to March 20, 2019. We may buy or sell additional shares of (IGPK) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Integrated Cannabis Solutions, Inc. (IGPK). For disclaimer information, click here.
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