These Four Marijuana Stocks Could Take Off on Monday

CORAL GABLES, FL / ACCESSWIRE / March 11, 2019 / The recent bull run in the marijuana stock over the last few months has generated quite a bit of excitement for companies in the cannabis industry. Recent reports suggest that cannabis is projected to be worth as much as $31 billion in global sales by 2022 indicating that the industry is thriving and showing no signs of slowing down. Following the passing of recent legislation in support of cannabis legalization, cannabis companies have worked to innovate high-quality cannabis products for consumers, with products containing naturally-occurring cannabidiol flying off the shelves. If the cannabis industry continues to progress as it has for the last few months, this could attract significant investor attention in the near future. Leafbuyer Technologies Inc (OTC:LBUY), Canopy Growth Corp (NYSE:CGC) (TSX:WEED), 1933 Industries Inc (TGIFF), and Green Thumb Industries Inc (GTBIF) are four marijuana stocks getting a boost from today's headlines.

Leafbuyer Technologies Inc (OTC:LBUY) has been lauded as the most comprehensive online resources for information related to cannabis, as well as how to procure products currently available on the market. Through the use of its website, Leafbuyer.com, the Company has become the authority on cannabis for millions of consumers on a daily basis.

Leafbuyer Technologies Inc (OTC:LBUY) last week announced the forming of a partnership with Flowhub, a major retail management platform for dispensaries, to integrate software and automate online menus. Leafbuyer's comprehensive website, Leafbuyer.com, and recently acquired order-ahead and loyalty mobile application, Greenlight will now integrate with Flowhub's industry-leading point of sale and compliance technology. On both Leafbuyer.com and the Greenlight app, customers can now view immediate, up-to-date menu information regarding product availability in dispensaries using Flowhub API and Leafbuyer platforms.

Following the announcement, Kurt Rossner, CEO of Leafbuyer Technologies Inc (OTC:LBUY), said, "the partnership between Leafbuyer and Flowhub provides value to both parties. Automating menu updates between technologies improves customer satisfaction and retention rates, boosting bottom line revenue and operational efficiencies."

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Canopy Growth Corp (CGC) (WEED) announced earlier this month that the Company had formed a clinical research partnership with the NHL Alumni Association for the purpose of investigating the efficacy of cannabinoids as an integral part of a novel treatment for post-concussion neurological diseases in former NHL players.

Following the announcement, Glenn Healy, Executive Director of the NHLAA, said, "NHL alumni gave everything they had during their careers, but the physical consequences after they hang up their skates can be devastating for both players and their loved ones for the rest of their lives. This study offers alumni the promise of help and hope, and we are excited to participate in what could become a true game-changer in allowing these professional athletes to finish strong."

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1933 Industries Inc (TGIFF), a licensed cultivator and producer of cannabis flower and concentrates, announced last week that the Company is accelerating the expiry of certain private placement common share purchase warrants bearing an expiry date of April 24, 2019, May 17, 2019 and June 14, 2019.

Per the details of the warrants, the Company may force the conversion of the Warrants at the conversion price of $0.30 per common share when the closing price of the common shares on the Canadian Securities Exchange exceeds $0.50 for a period of 10 consecutive trading days. As ofclose of markets on March 1, 2019, the closing price of the common shares had been $0.50 or greater for the requisite period.

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Green Thumb Industries Inc (GTBIF) made headlines in late-February when the Company announced that it had closed on the acquisition of For Success Holding Company, the Los Angeles-based creator of the lifestyle suite of Beboe branded cannabis products. Beboe is the leader in luxury cannabis whose mission is to destigmatize legal cannabis through heightened experience and education. Beboe is best known for its thoughtful design aesthetic of its iconic rose gold vaporizing pens and edible pastilles, and each product is curated with a unique blend of socially dosed THC and CBD.