Green Growth Brands Stock Gains Momentum, Up 30% in 2 Weeks
Cannabis firm Green Growth Brands (CSE:GGB) (OTCQB:GGBXF) has been on a high streak lately as its stock climbed as much as 30% on the Canadian Securities Exchange since April 16. The sudden spike in the stock is due to the fact that Green Growth Brands has managed to launch a proprietary cannabis product, followed by other brand lines derived from the same proprietary product.
Green Growth Brands, which is based in Columbus, Ohio, is a full-service cannabis company that is involved in manufacturing a range of cannabis retail products and also in the marketing, packaging, and retailing that is involved in the process.
Whenever a significant key product with an edge is introduced, then investor interest is bound to shoot up, and that is exactly what happened with Green Growth Brands recently. The shares in the company shot up significantly as more and more investors flocked to it following the introduction of the product.
The company’s primary goal is to make sure that cannabis usage in the United States moves away from the standard ways in which it is consumed and becomes more of a lifestyle choice for millions of people. The company’s leadership believes that the proprietary product, known as CAMP, is key to the company’s vision and is also going to be the primary driver behind Green Growth Brands’ line of products in the years to come.
Dispensary for CAMP
Green Growth Brands is pulling out all the stops in order to make sure that CAMP and cannabis products based on it are a success. The company has decided to establish dispensaries that will be involved in the retail of CAMP and related products.
Needless to say, Green Growth Brands’ focus on its new product line is one of the big reasons why investors are jumping on GGBXF and GGB stock.
Green Growth Brands (CSE:GGB) (OTC:GGBXF) announced today that it is accelerating the expiry of its takeover bid of Aphria Inc. (TSX:APHA) (NYSE:APHA) and, in turn, will be repurchasing 27.3 million common shares for aggregate consideration …
Ohio’s Green Growth Brands (CSE:GGB) (OTC:GGBXF) has opened its first ‘Seventh Sense’ CBD Shop. The outlet—located at the Fayette Mall in Lexington, Kentucky—is the first of 5 licenses signed with CBL properties.
1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on my research and understanding of the sector.
2) The Article was issued on behalf of a third party, Green Growth Brands Ltd. Market Jar Media Inc. has or expects to receive the following amounts from Native Ads Inc. in the USD amount of thirty nine thousand, five hundred and ninety two dollars for 28 campaign days (19 business days).
3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy.
5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article.