Canada’s Marijuana Stock Boom & The New Industry Trends To Watch

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CORAL GABLES, FL / ACCESSWIRE / October 29, 2018 / Marijuana stocks have been very active this month. A leading industry for growth an innovation, cannabis has attracted the likes of everyone from institutional investors to soft drink manufacturers. The active compounds within the plant can be utilized in an array of applications. According to BDS Analytics, some of the top products in different states arrive with 5 milligrams or less of THC per serving. BDS says that in Colorado, growth for these products hit 83 percent by the end of 2017. Meanwhile, consumer research reveals that 33 percent of cannabis consumers seek low-dose options. As new trends emerge, investors focus on the companies working to fulfill the expansionary demand that this market has called for.

Tidal Royalty Corp. (RLTY.U) for instance, is a provider of royalty financing to licensed U.S. cannabis operators. The company recently announced that it will be seeking to reinstate its listing on the OTC Markets by way of filing a registration statement with the Securities and Exchange Commission.

"We are committed to rectifying the filing delinquencies of the predecessor company and to reinstate our listing on the OTC Markets," said Paul Rosen, CEO & Chairman of Tidal Royalty. "In the meantime, our stock continues to trade on the CSE."

Shares have traded as high as C$0.26 this month as the company has continued to pursue its growth strategy. Earlier this year the company added Al Harrington, former National Basketball Association player and founder of The Harrington Group, to its Advisory Board. Tidal has further targeted expansion efforts in one of the most populous areas for cannabis use in the US; California. Tidal signed a Letter of Intent agreement on August 29, 2018, with a California-based licensed operator to finance a new cannabis manufacturing and distribution facility in Palm Desert.

Tidal Royalty Corp. (RLTY.U) stated “with a population of 40MM, the state of California has the potential for its adult-use cannabis market to be one of the largest in the world. California legalized adult-use cannabis on January 1, 2018, and the market is expected to grow to US$3 billion by the end of the year, according to Marijuana Business Daily.”

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Cronos Group (NASDAQ: CRON)(TSX: CRON.TO) looked for a turn around in its shares on Monday. The company will announce its financial results and hold its Third Quarter 2018 Earnings Conference Call on Tuesday, November 13, 2018, at 8:30 a.m. EDT. Senior management will be available for questions from the investment community after prepared remarks.

In response to the recent legalization efforts in Canada, Cronos CEO Mike Gorenstein, stated, "At Cronos, we take pride in leading the industry forward responsibly and are motivated to create meaningful products that excite our consumers and bring happiness and an improved quality of life. The growth potential in the cannabis industry is vast and extends well beyond the flower. With our differentiated brands, global footprint, growing production capacity and commitment to cannabinoid innovation, Cronos is well positioned to realize this opportunity."

For More Information On Cronos Group, Click Here

Curaleaf Holdings, Inc. (CNSX: CURA.CN) began trading on the Canadian Securities Exchange today. Despite it only trading in Canada, Curaleaf is vertically integrated cannabis operator in the United States.

The Company is the parent of Curaleaf, Inc., is a leading vertically integrated cannabis operator in the United States. Headquartered in Wakefield, Massachusetts, Curaleaf, Inc. has a presence in 12 states. Curaleaf, Inc. operates 28 dispensaries, 12 cultivation sites and 9 processing sites with a focus on highly populated, limited license states, including Florida, Massachusetts, New Jersey, and New York.

In connection with the listing, Curaleaf raised approximately C$520 million (US$400 million) in an oversubscribed private placement offering led by GMP Securities L.P. and Canaccord Genuity Corp. (the “Co-Lead Agents”), on behalf of a syndicate of agents, including Cormark Securities Inc., Eight Capitaland Haywood Securities Inc. This offering marks the largest cannabis equity financing completed to date.

For More Information On Curaleaf, Click Here

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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 Tidal Royalty Corp, Midam is being paid $150,000 for a period of 30 days beginning October 1,2018 and ending November 1, 2018. We own 0 shares of Tidal Royalty Corp. We may buy or sell additional shares of (TDRYF/RLTY.CN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Tidal Royalty Corp.

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