The marijuana stock market has been quite heavily dominated by the companies that grow the substance for some time now. Despite these businesses being the majority of the players at the top of the industry, there are still a large amount of companies that offer various services and alternative products to the marketplace. These companies have been working to build up the amount of innovation that they offer so that they can compete with the largest companies in the space.
Leafbuyer Technologies, Inc. (LBUY) is one of the leading online platforms for everything that has to deal with the cannabis market. The company has been working to increase the amount of services that they offer via their digital site so that they can begin to acquire customers in greater numbers. Currently, they offer everything from where the best deals are in a given location, all the way to what products are the best choice.
Recently, the company announced that they have signed up more than 50 licensed medicinal clinics in the Oklahoma area to begin marketing their location on the site. Kurt Rossner, CEO of Leafbuyer stated that “our success within the Oklahoma market is a direct result of aggressive marketing and sales initiatives. We plan to replicate the strategies we used in Oklahoma within other emerging markets, boosting revenue and expanding our national footprint.”
The company has been working to get their feet in the water in the Oklahoma market as it Is quickly showing a large amount of potential. More than 50,000 patients have already been approved to purchase cannabis within the market there, which makes it highly competitive for Leafbuyer Technologies. Mark Breen, COO of Leafbuyer stated that “competition is intense between dispensaries in Oklahoma. With over 1,000 already-issued licenses, it is important dispensaries utilize consumer acquisition platforms, like the ones Leafuyer offers. We can help them expand their marketing channels to attract and retain loyal customers.”
Leafbuyer Technologies has been working to build the amount of customer loyalty programs that they offer as well, which continues to build their customer base by large numbers. All in all, investors should continue to watch Leafbuyer Technologies due to their commitment to innovation and goals for a brighter future in the cannabis industry.
OrganiGram Holdings (NASDAQOTH:OGRMF) is considered to be one of the larger players in the whole of the market. The company has remained relatively under the radar as their competitors usually have listings on popular exchanges like the NASDAQ or NYSE. For this reason, they have yet to reach their full potential it seems, and have continued to build upon the foundation of growing large quantities of marijuana.
The company has stated that they should be able to produce as much as 113,000 kilograms of cannabis per year when operating at full capacity. This number may not sound staggering, but when you consider it works out to around 230 grams per square foot, it does seem very impressive. All in all, OrganiGram Holdings remains relatively unknown but continues to present new opportunities to investors.
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 for a period of 30 days beginning November 1, 2018, and ending November 30, 2018. Midam has been paid an additional $50,000 and 40,000 common restricted shares of Leafbuyer Technologies, Inc. extending the contract another 30 days ending December 31, 2018. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to January 31, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to March 1, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to April 1, 2019. Midam has been compensated an additional $100,000 by Leafbuyer Technologies for a period of coverage from April 12, 2019 to June 12, 2019. We owned 77,000 shares of Leafbuyer Technologies. We may buy or sell additional shares of (LBUY) in the open market at any time (as of 3/29/2019) Midam Ventures no longer owns 77,000 shares of LBUY), including before, during or after the Website and Information, to provide public dissemination of favorable Information about Leafbuyer Technologies Inc.
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