The marijuana stock market has remained quite bullish over the course of the past few weeks. In only a short period of time, companies have seen their values skyrocket to new levels. This, of course, is not without some bearish sentiment.
The past few months have remained extremely instrumental in surmounting new levels of growth for the marijuana stock market. With pot stocks running extremely high, it seems as though it can at times be difficult to see where the industry is going and which companies to choose.
While growers may seem like the most common option, there is definitely an opportunity lying within the companies that do alternative things for the space. However you invest, just make sure to always do the proper research.
An Alternative Cannabis Company to Watch
CLS Holdings USA (CLSH) is known as a diversified cannabis company who currently is based out of the Nevada market. The company has been dominating the pot stock space for quite some time now with their various proprietary methods in producing and extracting cannabinoids from the cannabis plant. The company has maintained an extremely high level of quality and consistency, which has helped to bring them into the future of the cannabis stock space.
The company operates through various subsidiaries such as their Oasis Cannabis retailer based out of Nevada as well. In addition to the retail sales of marijuana, the company also works in licensing operations, processing operations, processing facilities, product sales, brand creation, and consulting services. All of this just goes to show how diverse they are in general and when compared to the rest of the cannabis stock world.
An Exciting Announcement for CLS Holdings
CLS Holdings recently stated that they have entered into a Host Community Agreement with the town of Sandwich, MA. The company has seen this agreement occur through their recent acquisition of In Good Health, a local marijuana dispensary.
The dispensary should be able to benefit from this agreement as they continue on their way to becoming one of the top retailers of cannabis in the Massachusetts market.
The company still needs a Certificate of Registration from the Cannabis Control Commission, but this should come in time. All in all, CLS Holdings’ exciting track record has shown that they have the potential to remain as one of the best pot stocks to watch in the near future.
A Larger Cannabis Grower
Trulieve Cannabis (NASDAQOHTH:TCNNF) is one of the leading retailers and growers of marijuana currently working out of the pot stock space. The company currently has as many as 30 dispensaries that are operating with 28 of those working out of the Florida market, selling medicinal cannabis.
Trulieve has stated that their goal of tackling the medical market in Florida has helped to maintain a constant profitability in the current day. As one of the leading pot stocks, Truleve Cannabis has been able to set an example for how a domestic cannabis company can grow in a seemingly small market compared to some others in the U.S.
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).
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