The industry on cannabis has remained extremely lucrative for some time now, but new innovation in the market and changes to the way people view cannabis as a whole has managed to help transform the space. Because of this, several companies have shot to the forefront of the industry and have managed to become the larger players in the business. With news coming into the market on a daily basis, it seems as though the market is continuing to grow with a massive amount of propensity toward date future.
One of the companies that has remained at the forefront of the industry for some time now has been Canopy Growth Corporation (NYSE:CGC). The company recently signed into an agreement with Constellation Brands (NYSE: STZ) in one of the largest deals in the industry thus far. This has helped to cement not only a large deal in the space, but also a matter of legitimacy in an industry that has been fighting for that, for some time now. Constellation recently put in around $4 billion into the budding cannabis company, which has helped them to continue their massive growth plans toward the future. According to one report “has taken a big piece of attention in the market and for good reason. Constellation has already seen the success the first time it made a minority investment into the cannabis company and now a $4 billion infusion gets the Corona brewer in the game with nearly a 40% stake.” The hopes are that this deal will continue to help the space as a whole.
The next company on the list is the company GTEC Holdings (OTC:GTEC). According to one report, the company “has seen its own jump in stock prices over the last week. The company announced several new developments this month. First, GTEC Holdings released news that it has hired Lawrence Law as GTEC’s Global Marketing & Branding Director.” The hopes are now that they will begin their strategic investment plan into the future as this new marketing director will be the guiding force. According to the same report “GTEC previously announced that it had acquired a warehouse located in Kelowna, B.C. for the purpose of submitting an application to the Office of Controlled Substances for a Dealer’s License.”
The last company on the list is one that should come as no surprise. Aurora Cannabis (OTC:ACBFF ) has been one of the big players in the market for some time now. The company had a bit of a rough patch toward the beginning of the year, but has since managed to gain back most of their stock value. As one of the largest growers of cannabis in the space, Aurora is poised to continue taking advantage of the cannabis market as it grows domestically and abroad.
The hopes are high that the cannabis market can continue its run toward success as we move across the next few months to years.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC, Midam Ventures LLC, and GTEC Holdings, Inc., Midam has been paid $63,333 cash per month from the company and ZERO shares of GTEC Holdings, Inc. for a duration beginning 07/10/2018 & ending 07/10/2019. We may buy or sell additional shares of (GGTTF) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
