Are These 2 Pot Stocks Due for a Bounce?
The pot stock market has seen quite a bit of ups and downs over the past few months. In that time, we have seen the value of some company’s shoot up as well as the amount of potential for the market. With marijuana stocks riding high, we must consider the various variables that go into a valuation.
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1933 Industries (TGIF) (TGIFF) to Expand into World’s Largest Cannabis Market
1933 Industries (CSE: TGIF) (OTCQX: TGIFF) has signed a management services agreement with Green Spectrum Trading, a medicinal and recreational cannabis business licensee in California, to help the company expand into California.
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Aurora Cannabis Inc. (ACB) Completes Hempco Food and Fibre Acquisition
Aurora Cannabis Inc.(NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, is pleased to announce today the completion of the previously announced plan of arrangement with Hempco Food and Fiber Inc. (HEMP.V) pursuant to which Aurora has acquired all of the issued and outstanding common shares of Hempco not already owned by Aurora, reflecting a valuation of approximately C$63.4 million on a fully diluted basis.
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