This year has been one of the most progressive for the whole of the marijuana stock market as new companies continue to come into play throughout the industry. Marijuana stocks have continued to ride an upward wave as investors become more comfortable with investing in a space that has often been deemed to speculative to invest in. Although many stocks have been adversely reacting to some of the most recent news, the market undoubtedly has to stabilize before it can begin to reach new heights in the near future. Until that time, it seems as though many marijuana stocks still offer a large amount of intrinsic value for investors looking to get into the space.
Integrated Cannabis Company ICNAF/(CSE:ICAN) has been working as one of the primary producers and distributors of various targeted CBD products. These products have been known to be some of the most effective at everything from sleep aids to pain reduction due to their unique formulas and how they are produced. The company recently signed into an agreement with GTEC Holdings (GTEC) which will help the two to produce CBD sprays known as X-SPRAYS. According to the press release “The Agreement allows for the co-development and marketing of novel spray products, utilizing proprietary nanotization technology containing both Cannabidiol (CBD) and/or Tetrahydrocannabinol (THC) for distribution in the Canadian medicinal and recreational markets. The Agreement is subject to the implementation of federal legislation in Canada and corresponding provincial and territorial legislation that permits the distribution and sale of certain formats of cannabis products, including without limitation sprays.” These products have been met with an amazing amount of fanfare from all around the market as CBD has grown in popularity tremendously over the course of the past few years. The next few weeks will help the company to continue developing these products for sale throughout the domestic Canadian space.
Aphria (OTC:APHQF) has been another one of the primary cannabis producers in the whole of the marijuana stock market. As one of the largest producers of cannabis throughout the Canadian industry, the Ontario based company has stated that they have a market capitalization currently of as much as $3.6 billion. Numbers like these are incredibly serious as just five years ago, many would have dreamed at seeing the cannabis space reach the billions. With supply agreements in every province throughout the country, Aphria has the ability to sell as much as 98.5% of the cannabis in Canada. No other company in the marijuana stock market has been able to match this kind of promise for the future which makes Aphria an exciting stock to continue to watch over the coming months to years. In addition to their domestic market, Aphria has stated that they have operations occurring in five continents which will greatly benefit them as those markets continue to develop legal measures to seek cannabis throughout their individual nations. Rumors are also abound that the company has been eyeing a listing on a U.S. stock exchange, but these do remain just rumors at this point in time.
The cannabis space has continued to be one of the most exciting markets, but with legislative challenges still somewhat in the way, it seems as though we may still be a year or two away from seeing the market flourish.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Integrated Cannabis Company, Midam is being paid $25,000 per month for a period of 2 months beginning September 4, 2018, and ending March 9, 2019. This payment has been increased to $75,000 per month for the period of November 4 2018 and ending March 9, 2019. We own ZERO shares of Integrated Cannabis Company. We may buy or sell additional shares of (ICNAF)/(ICAN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Integrated Cannabis Company. MarijuanaStocks.com, which is owned by MAPH Enterprises LLC., a Florida Corporation has been previously compensated $100,000 by a non-affiliate 3rd party for a 1 year period beginning August 1, 2017 and ending August 1, 2018 to publicly disseminate information about CNRP Mining, Inc. (CND.CN) (CRPGF) that is now Integrated Cannabis Company. We own zero shares.
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