CORAL GABLES, FL / ACCESSWIRE / November 1,2018 / The next wave of the marijuana green rush has "crossed the pond" and Britain now welcomes medical cannabis as a prescription option. As of November 1, "patients can be prescribed medicinal cannabis by specialist doctors," the Home Office said in a statement. Doctors "must make decisions on prescribing cannabis-based products for medicinal use on a case-by-case basis, and only when the patient has an unmet special clinical need that cannot be met by licensed products."
This news comes just weeks after Canada legalized cannabis for recreational use across the country. As the global market continued to expand, here are 3 marijuana stocks to watch.
Leafbuyer Technologies (LBUY) announced today the implementation of its own, enterprise-level loyalty platform called "Leafbuyer Loyalty." The program will eventually fully integrate with the company’s much-anticipated blockchain and order-ahead initiatives.
"By rolling out our own loyalty platform, we will have more control to develop and adapt to the ever-changing needs of our customers," said Mark Breen, DirectorandCOO of Leafbuyer. "Up to this point, we’ve worked through a third-party revenue sharing agreement to provide texting/loyalty. With the launch of our new system, we will save these expenditures and add to our bottom line," added Breen.
Leafbuyer Technologies (LBUY) is immediately introducing this new product to hundreds of current Leafbuyer customers in Washington, Colorado, Oregon, California, Nevada, Arizona, FloridaandMassachusetts.
Since September, shares of Leafbuyer have been on the rise and have now managed to move up from lows of $0.55 to current trading levels nearing $1
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MedMen Enterprises Inc. (CNSX: MMEN.CN)( OTCQX: MMNFF) announced today that it has signed a definitive agreement to acquire control of Kannaboost Technology Inc. and CSI Solutions LLC, collectively referred to as "Level Up," in a cash and stock transaction valued at $33,000,000. LevelUp holdslicenses for two vertically-integrated operations in Arizona, which include retail locations in Scottsdale and Tempe, as well as 25,000 square feet of cultivation and production capacity in Tempe and Phoenix. As part of the transaction, the Company will also receive a 40 percent stake in top-selling brand K.I.N.D. Concentrates, which is currently distributed in over 90 percent of the dispensaries in Arizona.
"This acquisition strengthens our presence in one of the top cannabis markets in the U.S.," said Adam Bierman, MedMen chief executiveand co-founder. "We will continue to identify highly accretive transactions in core states and remainlaser focused on executing our retail playbook."
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India Globalization Capital, Inc. (OTC PINK: IGCC) (IGC) recently announced that it is in the process of evaluating applications with alternative exchanges in the U.S. and Canada to list its common stock for public trading. IGC is working diligently to complete this process as quickly as possible and will provide additional updates in the very near term. Liquidity, elimination of unfair restrictions with respect to the commercialization of products, and customized support are expected to be key selection points.
"We strongly disagree with the NYSE decision and will seeklistingon an exchange that embraces our innovation. We have been transparent in disclosing our active legacy operations and should not be penalized for moving forward to commercialize products in the emerging U.S. cannabis industry. As a publicly traded company with cannabis ambitions, we are under great scrutiny and we intend to navigate the course for all our stakeholders and individuals seeking access to our innovative products including those under development," stated Ram Mukunda, CEO.
Today, shares of the company are trading on the OTC market and are up by more than 14%
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Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. MAPH Enterprises LLC which owns www.MarijuanaStocks.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.
MAPH Enterprises LLC, which owns www.MarijuanaStocks.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. MAPH Enterprises LLC, which owns www.MarijuanaStocks.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Leafbuyer Technologies Inc., Midam is being paid $50,000 as well as 40,000 common restricted shares of Leafbuyer Technologies for a period of 30 days beginning November 1,2018 and ending December 1, 2018. Midam was previously compensated $50,000 by Leafbuyer Technologies for a period of 30 days beginning September 24, 2018 and ending October 24, 2018. We own 77,000 free trading shares of Leafbuyer Technologies. MAPH ENTERPRISES LLC was previously compensated a total of $120,000 by a non affiliate third party, Full Service Media LLC, to publicly disseminate information about (LBUY) including on the Website and other media including Facebook and Twitter, which has since expired.We may buy or sell additional shares of (LBUY) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Leafbuyer Technologies Inc. Please click here for full disclaimer.
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