The marijuana stock market has been moving forward with a large amount of propensity toward the future. For quite some time now, companies have been seeing record amounts of revenue growth, which in turn has helped to usher in a new era of investors in the market place. With so much going on in the world of cannabis, it can often be difficult to keep up with which companies may have the most potential. While the amount of cannabis that they can grow is an important marker, it seems as though there are several other factors that wildly come into play in this situation.
CLS Holdings USA (CLSH) is a diversified business operating out of the cannabis industry that does everything from cannabis production all the way to the retailing of the substance. Because of their large scope in the industry, the company has managed to continue on a wide streak of seeing new and innovative ways to change the industry.
One of the main focusses of the company has been their continued commitment to extremely high quality and consistency within their products. These are two things that consumers most often look for when purchasing a cannabis product. CLS Holdings also manages to operate within the licensing side of the market, brand creation, and consulting which just goes to show the breadth of their scope within the marketplace.
Recently, the company announced that they have entered into a joint agreement to acquire Good Health Inc. Good Health is a company located south of Boston, and is one of only a handful of licensed dispensaries within the state. Good Health currently has as many as 18,000 registered patients within the market, which they can then deliver to in the range of around 1,700 homes. The company is able to offer everything from flower to concentrates, vapes, edibles and more.
Massachusetts has one of the fastest growing marijuana markets in the nation, which just goes to show how much potential is truly there. Good Health looks as though they have made the state their home, by making their product as accessible to the public as possible. This just represents the sheer volume of opportunity that CLS Holdings could potentially hold if they continue on this path into the near and not too distant future.
GW Pharmaceuticals (NASDAQ:GWPH) is another large company working out of the marijuana industry. The company differs from most as they are a pharmaceutical company by nature, that is working to include the cannabis compounds in the products that they offer. The company has seen a large amount of success recently, most of which is due to the approvals they have received within the U.S.
The only impediment to their success is one; the time frame in which this occurs, and two, the amount of luck that they may have with products they make in the future. Regardless, GW Pharmaceuticals remains an interesting company to keep on any investors watchlist moving into the coming months.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and CLS Holdings USA Inc. (CLSH), Midam has been paid $200,000 from CLS Holdings USA Inc. (CLSH) for a period from April 26, 2019 to May 26, 2019. We may buy or sell additional shares of (CLSH) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about CLS Holdings USA Inc. (CLSH).