The world of marijuana stocks has remained extremely exciting for quite some time now. Over the course of the past year or so, cannabis has shown itself to be more than just a miracle plant, but something that the world can latch on to for many different reasons. Because of the substance’s importance, it seems as though marijuana can almost be viewed as a commodity rather than just another drug. Many companies have been able to grow large quantities of the substance which continues to add to how much potential it has. All in all, marijuana remains one of the most exciting and enticing markets of the modern day.
Leafbuyer Technologies, Inc. (LBUY) is one of the most widely recognized online platforms for everything related to the world of marijuana. The company runs a comprehensive guide to the nearest dispensaries all the way to what strains are available at a given location. Because they have such a wide scope, it seems as though Leafbuyer Technology is positioned quite well in the market. The company has stated that they are also in the process of introducing a variety of buyer loyalty programs as well as a delivery and live menu service. Both of these in combination should help to both increase customer acquisition as well as retention.
In addition to announcing record sales, the company recently stated that they have signed into a letter of intent to acquire one of the lead CBD trade shows. The trade show known as CBD.io is one of the most visible cannabidiol operations currently displayed in the CBD and vaporizer industry. The agreement that the two have shows that the former will have an ownership stake in the e-commerce website for wholesale and retail CBD products.
Kurt Rossner, CEO of Leafbuyer stated that “CBD has become a pop culture phenomenon, and trade shows are a lucrative and unsaturated sector of the industry.CBD.io is a profitable company and has a proven financial model that will increase Leafbuyer’s top line and be a powerful driver for earnings. The significant advantage of this acquisition is the ability for Leafbuyer to drive tremendous brand exposure to another fast-growing segment of the industry.” All in all, Leafbuyer remains one of the most interesting cannabis companies to keep a close eye on in the near future.
GW Pharmaceutical (NASDAQ:GWPH) is one of the leading pharmaceutical companies currently creating cannabis-infused compounds. The company’s key product, Epidiolex, is currently working as the most advanced treatment for various rare forms of epilepsy including Dravet Syndrome and Lennox-Gastaut Syndrome.
The company received some of the first approvals in the U.S. for cannabis-infused pharmaceuticals which helped to bring the company a large amount of notoriety. The company has a very large opportunity to become one of the largest players in the pharmaceutical side of the cannabis industry, but only if they are able to capitalize on the exposure they currently have to the space. GW Pharmaceuticals continues to demonstrate just how solid of an alternative investment they could potentially be.
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. We own 77,000 shares of Leafbuyer Technologies. We may buy or sell additional shares of (LBUY) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Leafbuyer Technologies Inc.