Watch These Four Marijuana Stocks Push Their Limits on Wednesday

CORAL GABLES, FL / ACCESSWIRE / March 20, 2019 / The marijuana stock market has been rapidly shifting for some time now as a result of responding to everything from legislation to public opinions surrounding cannabis completely changing direction. Presently, the majority of U.S. states, about 31, have legalized medical marijuana with ten other states currently ironing out legislation to legalize both medicinal and recreational-use cannabis. Following Canada's country-wide legalization back in October 2018, the cannabis industry has used the momentum gained from Canada's legislation to demonstrate, on a global scale, the economic benefits of investing in cannabis companies. So long as investors and consumers continue to look into the cannabis sector and play a role in its advancement, the industry will healthfully progress into the future. Leafbuyer Technologies Inc (OTC:LBUY), Acreage Holdings Inc (ACRGF), Canopy Rivers Inc (OTC PINK: CNPOF) (RIV.V), The Yield Growth Corp (OTCQB:BOSQF) represent 4 marijuana stocks leading the industry on Wednesday.

Leafbuyer Technologies Inc (OTC:LBUY) is often referred to as one of the most comprehensive online resource for information related to cannabis, as well as how to procure products currently available on the market. Consumers no longer purchase products and services without fully researching and understanding exactly what they are spending money on. In recognition of this growing trend to do one's homework, Leafbuyer has become the authority on cannabis-related information.

Leafbuyer Technologies Inc (OTC:LBUY) made headlines last week when the Company announced the official launch of the leading mobile application, Greenlight, in Colorado and Oklahoma. The news follows a November 8, 2018 press release announcing the Company's acquisition of Greenlight. Through the Greenlight app, consumers can preorder their favorite cannabis products from participating dispensaries and skip the line when they go to pay and pick them up.

Following the announcement, Kurt Rossner, Chief Executive Officer of Leafbuyer Technologies Inc (OTC:LBUY), said, "in this fast-paced industry, we need to stay ahead of technology and continuously improve our offerings to drive more value to our clients. Greenlight is one more platform we have that separates us from our competition, inherently making Leafbuyer a more attractive option to dispensary clients nationwide."

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Acreage Holdings Inc (ACRGF) announced earlier this month that the Company had entered into an agreement to acquire 100% of California-based Kanna, Inc., which holds a license to operate a cannabis dispensary in Oakland, CA. This marks the first dispensary operating license for Acreage in California. Per the terms of the agreement, the all stock deal is valued at $11.5 million. Acreage will issue up to 460,000 Subordinate Voting Shares at a deemed value of $25 per share. The deal is expected to close in the second quarter of 2019.

Kevin Murphy, Founder, Chairman, and CEO of Acreage Holdings, said, "I could not be more excited about our first dispensary operation in California, especially one in a limited competitive market. While this is our first, it is nowhere near our last, as we expect to significantly expand our dispensary footprint in the state over the coming months."

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Canopy Rivers Inc (CNPOF) (RIV) and Leaflink, Inc announced earlier this week the establishment of LeafLink Services International ULC, a new venture that exclusively licenses and leverages LeafLink's dominant business-to-business marketplace and supply chain technology platform for deployment throughout regulated international cannabis markets.

Narbé Alexandrian, President of Canopy Rivers, said, "the number of brands and products within our new cannabis economy has been explosive, making it difficult for retailers to deal with multiple parties in an increasingly fragmented market. As regulated cannabis consumption and distribution proliferates around the world, LeafLink International will introduce the industry's leading SaaS-enabled marketplace to the global stage to create a new standard for expediting the cannabis supply chain in regulated markets."