Marijuana Stocks

A brand new industry is developing right now.

New markets are opening up with each election cycle, and entrepreneurs know there is potential opportunity to be had. There’s also a mountain of money to be made as an investor if handled correctly. If you thought so, you’re not alone. Marijuana industry stocks have undergone multiple booms and busts over the past year as profit-seeking professional and amateur investors alike jumped on the speculation bandwagon. Several large venture capital firms have also begun to get in on the action and there are even investing summits being held around the country.  Here are several popular stocks that have begun to catch more attention as “Year 2” goes into full swing in this burgeoning industry.

CannaGrow Holdings (CGRW);

announced that the company and NuGro Industries has entered into an agreement to purchase the first of two 3,300 sq. ft. greenhouses manufactured by Nexus Greenhouse Systems. According to the company, CannaGrow would be provided with a basis to begin generating revenues from licensed growers sub-leasing these “turnkey” grow facilities. Since November 3, CannaGrow shares have moved up by as much as 1,050%. Today the stock has maintained strong volume with sustained price between $0.76-$0.79.

Neutra Corp. (NTRR);

announced this week that its joint venture partner, Vertigo Technologies, Inc., sold its first self-contained, indoor horticulture system to a California cultivator. “Interest in these self-contained horticulture containers is very robust; particularly in those states where medical and recreational cannabis is legal,” said NTRR CEO Chris Brown. “Contain A Grow products can be built to order and are a terrific solution to the scalability problem faced by many indoor growers across the country.”

Today NTRR shares have increased from an opening price of $0.07 to highs of $0.10 at the time of this article.

Tweed Marijuana, Inc. (TWD.V);

today announced its fourth quarter (Q4) revenue figures for the 3-month period ended December 31 st, 2014 and provide operational updates. Q4 revenue was $641,309, led by $357,142 in the month of December. There were 87,138 grams sold during the quarter, giving a gross margin in Q4 of 36.0% up from 23.6% in the previous quarter. Tweed Farms, the Company’s second licensed subsidiary is in the midst of broad scale infrastructure enhancements. According to the Company, the entire Tweed Farms greenhouse, located in Niagara-on-the-Lake, Ontario is being transformed to meet the detailed specifications of the Marihuana for Medical Purposes Regulations. All told, the greenhouse will house approximately 340,000 sq. ft. of low-cost production space. Plans to add a large-scale processing facility in 2015 are already underway.  Today the stock has enjoyed a gain of 7% after opening at $1.97 and running to an early high of $2.11.

 

Summary

Despite the fact that marijuana is illegal at the federal level, entrepreneurs and investors are still putting their money into play. There actually are a handful of marijuana stocks that can be purchased right now, for those interested in equity. These are several marijuana stocks that have begun to carve out their own niche in the market to capture early share as the industry continues to evolve.


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

*UPDATED* Timing in Marijuana Stocks is Everything & Our Time is Tuesday February 18, 2020, @ 9:45 am EST!

Tuesday, February 18, 2020, @ 9:45 am EST we will be announcing…

Marijuana Stocks – The Current State of the Cannabis Sector from the Wolf of Weed Street aka Jason Spatafora

The Current State of the Cannabis Sector As we’ve begun 2020 after…