The marijuana stock market has definitely seen better days than that of the past few months. At that time, we have seen the industry shift to allow companies to reach closer toward their full potential. With so much going for pot stocks, it seems as though the industry is on the up and up. Right now, we are fighting the high levels of volatility that have swamped the industry for quite some time.
Volatility, however, is something that is heavily characteristic of pot stocks as the industry is still very much in its infancy. This is due to the fact that the market has only been around for around a few years at this point. Despite this, the hopes are high that as we move into the near future, we can continue to see these changes add up to a better pot stock market for all.
An Investment Pot Stock
Roadman Investments Corp. (RMANF Stock Report) (LITT ) is one of the leading alternative investment pot stocks working out of the industry. The company works as an incubator where they invest in the market via start-ups. The goal for the company is to generate capital and large returns for their shareholders. They do this through the tactical deployment of capital. The company invests across the market in areas such as agricultural, financial services, technology and health and wellness. For this reason, they continue to be a major pot stock to watch moving toward the future. The company’s status as an alternative pot stock lends itself to those who wish to invest in a safer way. For the investors that are looking for a potentially less volatile choice, it seems as though they may be the right call.
The company recently announced that they have entered into an advisory agreement with Champignon Brands Inc. For those who don’t know, the latter is a coupon that works in the reselling of health and wellness products through various e-commerce distribution channels. The advisory agreement that they have entered into should help to provide advice for the business as they move further into the future of the industry. With innovation being the leading charge for the company, they continue to be a key pot stock to watch.
Another Alternative Pot Stock to Watch
Scotts Miracle-Gro (SMG Stock Report) is another one of the leading alternative pot stocks to watch. The company has made its name off of producing lawn and gardening supplies to those with a green thumb. In the past few years, however, they have been able to delve into supplying cannabis growers with all of the necessary tools to do so.
The company also has a subsidiary known as Hawthorne Gardening which has heavily targeted the hydroponic grow sector of the market. With third-quarter revenue sitting north of $1.17 billion, the company has seen some major growth in the past year or so alone. It still looks as though they have some room to grow as the market is only just now finding its stride.
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