With so many marijuana stocks lining the industry, it seems as though only a few are able to progress to the forefront of the market. These companies are persevering amidst difficulties in the market and high levels of volatility. But, with the opportunity to find a marijuana stock to buy, there are a few companies that are surely worth watching. With innovation leading the charge the future of the cannabis industry looks even brighter than the present. While the majority of the pot stocks that garner attention happens to be pure-play, there are many companies in the industry that operate out of the alternative or ancillary cannabis industry.
These businesses are working to aid in the development of the overall market, while not physically touching the plant. One of the benefits happens to be that non-pure-play pot stocks often have less volatility. This is in no way a guarantee, but it is definitely something to keep in mind. With tons of choice when it comes to pot stocks, these companies are making very large strides.
This Marijuana Stock Has Big Plans for 2020
1933 Industries Inc. (TGIFF Stock Report) (TGIF) is a vertically integrated pot stock working with its wholly-owned brands. The company operates out of both the U.S. and Canadian markets. With these, it is able to participate in the two largest cannabis sectors in the world. The two brands that the company owns together represent some of the leading brands in the marijuana market.
With these, it is able to participate in cannabis cultivation, extraction, processing and the manufacturing of assets. Some of these brands include AMA Flower, CBD-infused Canna-Hemp and others. With a forward-thinking mentality, the company has been able to quickly ascend the ladder of the pot stock market. The hopes are that it can continue on this path moving into the future.
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Recently, the company announced its first-quarter 2020 results for the date ending in October of 2019. With this, it states that it will focus on building out its portfolio of packaged consumer goods for sale in the pot stock market. Additionally, this includes expanding upon its current 1infrastructure and assets. For these reasons, the company remains a key pot stock to watch moving forward.
Marijuana Stock To Watch: An Extraction Based Company
Valens (VLNCF Stock Report (VLNS)is another one of the leading marijuana stocks in the industry. The company saw its shares skyrocket over the past year by as much as 127%. With this, it has been able to secure some major growth for the near future and beyond. The company states that it has agreements with a large amount of the biggest Canadian cannabis companies.
These include HEXO, Organigram and more. As one of the leading extraction service providers, the company remains a promising pot stock to watch. Moving forward, the hopes are that it can continue on this winning streak. For now, it remains a key pot stock to watch.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and 1933 Industries Inc. (TGIFF) (TGIF), Midam is being paid $25,000 a month for coverage on 1933 Industries Inc. (TGIFF) (TGIF), for a period from August 1, 2019 to February 1, 2020. As of September 1, 2019, we have been paid $75,000. We may buy or sell additional shares of 1933 Industries Inc. (TGIFF) (TGIF) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about 1933 Industries Inc. (TGIFF) (TGIF).
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