These Four Marijuana Stocks are Heating Up on Tuesday

CORAL GABLES, FL / ACCESSWIRE / March 19, 2019 / One of the longest-running ways to reach the top of the marijuana stock market has been for companies to invest in growing cannabis. Over the last few years, we've seen the cannabis companies responsible for growing cannabis flower as those which have held the top four-and-five seeds in the marijuana stock market. Taking that into consideration, there are companies that are seeing impressive gains as a result of their focus being the improvement of products for consumers in the cannabis market. All in all, analysts believe that this is the year the cannabis sector will take off, and if trends remain positive, we may see investors flock to the space. Leafbuyer Technologies Inc (OTC:LBUY), Auxly Cannabis Group Inc (OTCQX:CBWTF), Emerald Health Therapeutics Inc (EMHTF), and HEXO Corp (NYSE American: HEXO, TSX: HEXO) represent 4 marijuana stocks looking strong on Tuesday.

Leafbuyer Technologies Inc (OTC:LBUY) is often referred to as the most comprehensive online resource for information related to cannabis, as well as how to procure products currently available on the market. The fact is consumers no longer have an interest in simply trusting the products they wish to purchase, they want to be able to research exactly what they're paying for and know that the quality is there, and if it isn't, they have the information to back it up. 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) last week 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."

For More Information On Leafbuyer Technologies Inc, Click Here

Auxly Cannabis Group Inc (CBWTF) is a vertically integrated cannabis company with diverse operations across Canada and Uruguay. The Company saw impressive gains in the market on Tuesday, with its shares up 11.57%, trading at $0.74 per share just before noon.

The Company yesterday announced that they plan to report their fourth quarter and full fiscal year 2018 financial results before markets open towards the end of this month.

For More Information On Auxly Cannabis Group Inc, Click Here

Emerald Health Therapeutics Inc (EMHTF) yesterday announced that Allan Rewak has been appointed Vice President, Communications and Stakeholder Relations, effective April 15, 2019. Before his work with Emerald Health, Mr. Rewak was the Executive Director at the Cannabis Council of Canada, Canada's national industry association for cannabis, cultivators, and processors. In the role, he unified multiple industry associations into one collective and navigated the sector through the successful legalization of adult-use cannabis.

Dr. Avtar Dhillon, Executive Chairman and President of Emerald, "we are pleased to welcome Allan to the Emerald team. His deep industry relationships and proven experience in the sector, combined with his strong background in communications and stakeholder relations with all major relevant sectors of the industry, are expected to augment our existing capabilities."

For More Information On Emerald Health Therapeutics Inc, Click Here

HEXO Corp (HEXO) made headlines last week when the Company announced that they had entered into a definitive arrangement agreement under which HEXO will acquire all of Newstrike Brands Ltd's issued and outstanding common shares in an all-share transaction valued at approximately $263 million.

Jay Wilgar, CEO of Newstrike, said, "this is the most compelling combination we see in the Canadian cannabis sector. Our strength in Ontario and English Canada clearly complements HEXO's strong position in Quebec and creates an industry leader. The combination will deliver meaningful synergies, a stronger financial position with increased flexibility, and will position the combined company to meet growing consumer demand on a national basis."