These Marijuana Stocks Could Surpass February Expectations
CORAL GABLES, FL / ACCESSWIRE / February 19, 2019 / This past month has already shown a significant amount of positivity in marijuana stock market. As we've seen in headlines, many companies have benefited from the recent influx of positive legislation in support of legalizing cannabis. It stands to reason that companies with the ability to combine the multitude of applications of cannabis with integrative approaches to design and marketing could create potential opportunities resulting in an increase of investor attention to the cannabis sector. As we continue to watch the marijuana industry pick up tread, CLS Holdings USA Inc (OTC:CLSH), 1933 Industries Inc (TGIFF), Tilray Inc (TLRY), and Innovative Industrial Properties Inc (IIPR) are 4 pot stocks to keep your eyes on moving forward.
CLS Holdings USA Inc (OTC:CLSH) is a diversified cannabis company operating as Cannabis Life Sciences and an integrated cannabis producer and retailer in Nevada through its Oasis Cannabis subsidiaries. The Company is also a developer of a proprietary patent-pending extraction and conversion methodology with the potential to increase both yield and quantity of cannabinoid oils extracted from cannabis plants. The Company's business model is comprised of licensing operations, processing operations, processing facilities, product sales, and brand creation.
Earlier in 2018, CLS Holdings USA Inc (OTC:CLSH) closed on its acquisition of Oasis Cannabis, a company which announced that packaged marijuana product represented 67% of its total sales. As a cannabis retailer for the state of Nevada, Oasis served over 127,000 customers in its first year of adult-use sales.
In recent news, CLS Holdings USA Inc (OTC:CLSH) announced that it has been included in the LD Micro Index, effective February 1, 2019. For those unfamiliar with the index, the LD Micro Index is designed to give the most accurate representation of the intraday activity of micro-cap stocks in North America.
For More Information On CLS Holdings USA Inc, Click Here
1933 Industries Inc (TGIFF), a licensed cultivator and producer of cannabis flower and manufacturer of hemp-derived CBD wellness products, today announced that it has engaged CB1 Capital Advisors LLC, a New York-based advisory firm focusing on health and wellness through cannabinoids, as strategic business advisors for a one-year term.
Todd Harrison, Chief Investment Officer and Founding Partner of CB1 Capital Management, said, "we believe the cannabis industry is in the nascent stages of a multi-year efficacy-led bull market and view cannabis and hemp as ingredients for an array of end products and use-cases that include biopharmaceuticals, beverages & nutraceuticals, cosmetics & vanity and pet supplements. We have accumulated an equity position in 1933 Industries and we look forward to working in an advisory capacity to assist the Company in evaluating and pursuing business opportunities in the United States."
For More Information On 1933 Industries Inc, Click Here
Tilray Inc (TLRY) found itself in headlines today when the Company announced the closing of a previously announced definitive agreement to acquire all of the issued and outstanding securities of Natura Naturals Holdings Inc., the parent company of a licensed cultivator of cannabis. Moving forward, the Natura facility will operate under the name High Park Gardens and serve as an additional cultivation facility to serve the medical and adult-use market in Canada.
Per the details of the agreement, Tilray delivered C$35 million at closing, comprised of C$15 million in cash and C$20 million in Tilray Class 2 common stock. Natura shareholders will receive their pro rata portion of the C$15 million closing cash amount, after the deduction of certain transaction expenses incurred by Natura and subject to applicable withholding taxes. Upon Natura reaching certain quarterly production milestones over the following twelve-month period, up to C$35 million of Tilray common stock may become payable resulting in a total purchase price of C$70 million if fully achieved.
For More Information On Tilray Inc, Click Here
Innovative Industrial Properties Inc (IIPR) announced towards the end of last week that its operating partnership subsidiary, IIP Operating Partnership, LP, priced a private offering of $125 million aggregate principal amount of 3.75% exchangeable senior notes due 2024. Per the announcement, the operating partnership has granted the initial purchasers of the Notes a 30-day option to purchase up to an additional $18.75 million aggregate principal amount of the Notes to cover over-allotments, if any.
The Operating Partnership intends to use the net proceeds from this private offering to invest in specialized industrial real estate assets that support the regulated cannabis cultivation and processing industry that are consistent with its investment strategy, and for general corporate purposes.
For More Information On Innovative Industrial Properties Inc, Click Here
About marijuanastocks.com
MarijuanaStocks.com is the leading web destination for all things cannabis. Investors can find marijuana-related financial, medical, legal, and social news anytime day or night. Writers are invited to submit cannabis related articles for publication.
Legal Disclaimer
Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. MAPH Enterprises LLC which owns www.MarijuanaStocks.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.
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 CLS Holdings USA Inc. (CLSH), Midam has been paid $100,000 from CLS Holdings USA Inc. (CLSH) for a period from November 30, 2018 to December 30, 2018. We have been compensated an additional $100,000 (CASH) from CLS Holdings USA extending the contract another 30 days ending January 31, 2019. We have been compensated an additional $100,000 (CASH) from CLS Holdings USA extending the contract another 30 days ending February 28, 2019. We may buy or sell additional shares of (CLSH) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about CLS Holdings USA Inc. (CLSH).click here for our full disclaimer.
Contact Information:
SOURCE: MarijuanaStocks.com
View source version on accesswire.com:
https://www.accesswire.com/536061/These-Marijuana-Stocks-Could-Surpass-February-Expectations
