These 4 Marijuana Stocks Are Hitting Their Stride

CORAL GABLES, FL / ACCESSWIRE / January 11,2019 / The marijuana industry has been anything but safe over the course of the past year to two years, during the course of which top players in the industry saw huge boosts in investor interest. Many of the top executives on Wall Street have stated that this could be the year of cannabis as the market continues tome solid strides in the right direction. With the increase of capital andsheer amount of business entering the market, the nascent cannabis sector has shown exciting promise in terms of opportunities for investors looking to space. With the new year in full swing, Leafbuyer Technologies Inc ( LBUY ), OrganiGram Holdings Inc (OGRMF) (OGI.V), Namaste Technologies Inc (NXTTF), and GW Pharmaceuticals Plc (GWPH) are 4 pot stocks that could make moves on Friday.

Leafbuyer Technologies Inc ( LBUY ) is a company you may not have heard of, but could greatly benefit from looking into. The Company has been referred to as the "Priceline of Pot" by several sources, and similarly to the site which provides travel deals, Leafbuyer is the most comprehensive online source for cannabis deals and specials.

Leafbuyer Technologies Inc ( LBUY ) announced on Monday that it launched Phase One of its multiple phase blockchain initiatives on December 20, 2018. This first phase integrates with the Company's loyalty platform, Leafbuyer Loyalty. The launch will eventually allow cannabis consumers to use blockchain technology to complete monetary transactions with dispensaries and product companies. According to the announcement, within Leafbuyer Loyalty, customers will be able to choose to create their own blockchain wallet, and once this is completed, they will be able to track all transaction history, as well as check loyalty point balances.

Leafbuyer Technologies Inc (LBUY)'s CEO said, "The sky is the limit with blockchain. The technology will help shape the cannabis industry and open doors to new revenue possibilities for Leafbuyer. We want to offer the highest level of transparency with customers, and blockchain will help us accomplish this goal."

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OrganiGram Holdings Inc (OGRMF) announced, in early December, that their 2018 fiscal year and fourth quarter results proved promising, and wholly encompassed operations up to August 31, 2018.

In a press release regarding the announcement, Greg Engel, the Company's Chief Executive Officer, said, "The importance of 2018can not be overstated for Organigram as well as the industry. We are incredibly proud of our ability to meet the challenges of scaling our business in preparation for the adult recreational use market. We are pleased with our progress to date and believe that we have performed well in a highly competitive space while always maintaining a sustainable cost structure. Ultimately, it is our view that our Moncton Campus will be seen as a crown jewel in the industry as it is able to produce consistent, high-quality indoor grown product at scale to support our brands with the lowest dried flower cultivation costs reported to date in Canada."

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Namaste Technologies Inc (NXTTF) announced, in mid-December, that it had entered into a share purchase agreement to acquire common shares in Pineapple Express Delivery Inc and an affiliated entity, representing an additional 34% equity in exchange forsuch number of common shares of Namaste having an aggregate value of approximately $3.06 million.

Following this announcement, Sean Dollinger, President, and CEO of Namaste said, "We're pleased to announce adding to our position in Pineapple Express, an innovative company with a strong management team focused on providing exceptional service. We are now offering same-day delivery services in Toronto through Pineapple Express and are looking forward to their expansion throughout Canada. We believe strategic investments in technology and service companies like Pineapple Express will drive innovation and provide long-term value for the Company. I'm also personally looking forward to joiningPineapple Express' board of directors and in offering value to their team."

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