Watch These 4 Marijuana Stocks On Wednesday (1/9/19)

CORAL GABLES, FL / ACCESSWIRE / January 9,2019 / The past week has been extremely exciting for the world of cannabis, and, more specifically, the marijuana industry. Riding out the momentum of last year's monumental legislation, the sector has received much-need notoriety. With the passing of the Farm Bill at the tail-end of December, the cannabis sector, many variables have fallen into place thathaveallowed for more favorable opinion surrounding marijuana stocks, which has resulted in more investors interested in getting involved in the space. Following the passing of multiple pieces of legislation, the nascent cannabis sector has shown exciting promise in terms of opportunities for investors lookingtothe space. Next Green Wave Holdings Inc (NXGWF) (NGW), Canopy Growth Corporation (CGC) (WEED.TO), Isodiol International Inc (ISOLF), and GW Pharmaceuticals plc (GWPH) are 4 pot stocks making headlines this month.

Next Green Wave Holdings Inc (NXGWF) (NGW) is a vertically integrated seed-to-consumer premium medicinal and recreational cannabis company operating in California, the world's largest cannabis market. Presently, the Company owns and operates over 15 acres of cannabis-zoned development land is nearing completion on its first proprietary engineered 35,000 sq. ft. facility. In mid-December, Next Green Wave Holdings Inc (NXGWF) (NGW) announced that it had qualified to trade on the OTCQB Venture Market, while also making clear its intention to seek the Depositary Trust Company eligibility.

In more recent news, Next Green Wave Holdings Inc (NXGWF) (NGW) made headlines today when it announced that the Company's Chief Executive Officer, Michael Jennings, has assigned 100% of his interests and benefits to a cannabis genetics inventory including 112 cultivars to the Company's wholly owned subsidiary, Crossgate Capital US Holdings Corp.

Leigh Huges, Executive Chairman of Next Green Wave Holdings Inc (NXGWF) (NGW), commented on the recent announcement, saying, "As a Company, our vision is to build a world-class nursery that pushes the innovation envelope in the cannabis industry. We have one of the world's most exceptional breeders and cultivators-Michael Jennings-who is determined to execute Next Green Waves' vision to develop a distinguished nursery for the medical and adult-use cannabis market in California."

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Canopy Growth Corporation (CGC) (WEED) lauded the passing of the US 2018 Farm Bill in a press release on Monday. The Company included, in their praise, updates on their hemp operations as they prepare for US market entry due to hemp's legalization from the new bill.

Bruce Linton, Chairmanand Co-CEO, Canopy Growth, said, "Canopy has been preparing for and investing in this opportunity for several years now, through strategic acquisitions, infrastructure expansion, and extensive internal research and development. With the door now open, we are moving fast to bring our considerable resources to establish the same market leadership position internationally that we have earned in the Canadian cannabis market.

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Isodiol International Inc (ISOLF) announced in late-December that it had entered into a binding letter agreement for the acquisition of Food Labs, Inc and a strategic investor relationship with Toba Capital LLC. Per the announcement, the transaction for Food Labs was valued at $12 million, which included $5 million cash on its balance sheet, and also brings the appointment of a new Chief Executive Officer and Chairman of the Board of Director of Isodiol.

Michael Cancelleri, who was announced to be the newly appointed CEO of Isodiol, commented on the deal, "Isodiol is the pioneer of so many firsts in CBD and other hemp extract ingredients that it is the obvious partner for Food Labs and our mutual growth in consumer markets. I personally look forward to bringing my experience in mass retail investments to Isodiol and helping to shape Isodiol's expansion from the bulk wholesale of CBD to dominance in finished consumer goods, both as a contract manufacturer and as a brand leader."

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GW Pharmaceuticals Plc (GWPH) announced, just before the strike of the new year, that the biopharmaceutical company will be presenting a company update at the J.P. Morgan 2019 Healthcare Conference in San Francisco, CA onTuesday January 8, 2019. According to the press release regarding the announcement, Justin Goyer, GW's Chief Executive Officer will be honored with making the Company's presentation.