Marijuana stocks have seen quite the week during the second half of July. With so much going on in the industry, it can at times be difficult to choose the right pot stocks to buy. Some companies have continued to innovate despite fervent competition in the cannabis stock market. These businesses have made it their main goal to continue producing new products for sale in the cannabis space overall. Well, they may not be the largest companies in the market, these businesses definitely have a lot to offer when it comes to value.
An Industry Leader for Vaporizer Cannabis Products
Ionic Brands Corp. (IONC) (IONKF) is a national cannabis holdings company currently working out of the Washington market. This marijuana stock has continued to make headlines for its overall value in the cannabis stock market. As they build out a multi-state business in the industry, the company continues to lead in the vaporizer side of the market.
One of the key moves that Ionic Brands Corp. has made has been the expansion into other statewide markets. This includes states such as Oregon and California. The company has stated that their main goal is to be the leader in high-value cannabis market as they move toward further expansion.
For those who don’t know, their flagship brand, IONIC is considered to be the #1 vaporizer brand in the whole of Washington. With their aggressive expansion tactics, the company is continuing to innovate into new products for sale in the market.
A New Product for a Leading Marijuana Stock
The company recently announced that they have begun to produce a new industry standard vaporizer product. This product, which will be mood specific, will target certain aspects of the users daily life that they with to enhance. The three mood offerings that they will be producing are SOCIAL, HYBRID, and FOCUS. These will help to craft a series of experiences that the user wishes to partake in.
By blending various cannabis types and strains, the company can produce these mood-specific products which will allow for 18 different options in total. The hopes are that this will also help to bring in a new level of brand loyalty as well as bottom-line revenue. All in all, Ionic Brands remains one of the most intriguing cannabis stocks to watch in the near future.
A Play for the CBD Marijuana Stock Market
Charlotte’s Web Holdings (NASDAQOTH:CWBHF) is a cannabis stock that has been working to produce high CBD strains and concentrates for the market. This pot stock has seen its products being sold in as many as 6,000 different retail stores around the country. This is an almost 190% increase from the same time last year.
CBD has become one of the most popular subsections of the cannabis industry in the past few years. As the health and wellness area of the market continues to climb, the hopes are that Charlotte’s Web will as well. With more extraction and production on the way, Charlotte’s Web Holdings definitely should remain on any investors’ watchlist.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Ionic Brands Corp (IONC), Midam has been paid $50,000 from Ionic Brands Corp (IONC) for a period from April 2, 2019 to May 2, 2019. We may buy or sell additional shares of (IONC) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Ionic Brands Corp (IONC).