The growing popularity of cannabis has led to alternative consumption methods. This is what companies in the Marijuana Products sector focus on; developing and selling marijuana-infused products such as food, drinks, oils, and lotions.
The Marijuana Products sector also includes companies that focus on the extraction of cannabis compounds, their infusion with products and the body’s ability to absorb the properties.
Examples of companies in the Marijuana Products sector include New Age Beverages Corp, Golden Leaf Holdings, and Plus Products.
MEDIF stock is gaining momentum in early session on Thursday after MediPharm Labs (TSX:LABS) (OTCQX:MEDIF) has signed a multi-year contract manufacturing agreement with Cronos Group (TSX:CRON) (NASDAQ:CRON). However, CRON stock tumbled following the news.
Cresco stock is showing higher volatility this morning and turned 4% lower after rising earlier in the opening session. Investors are reacting negatively despite solid earnings from Cresco Labs (CSE:CL) (OTCQX:CRLBF).
According to a press release announced earlier today, one of the US’s largest cannabis companies is now listing on a European stock exchange. Cresco Labs (CSE:CL) (OTCQX:CRLBF), a vertically integrated multistate operator, is now listing …
Shares of Cresco Labs (CSE:CL) (OTCQX:CRLBF) are on the rise 6.07% at the time of writing and selling for $10.49 USD. The company announced that it received regulatory approval for its acquisition “of 100% of …