Thursday’s Top Marijuana Stock Articles & News

Canada’s Marijuana Industry Is Continuously Growing

Canada plans to legalize recreational cannabis before July 1, 2018, and the industry continues to steal headlines as this has created great opportunity for both companies and investors. Although the opportunity is significant, the process of becoming a licensed medical cannabis producer is very lengthy and expensive. These factors have resulted in the country having a supply and demand issue for the medical cannabis market.

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mCig Inc., (MCIG) Grow Contractors Division Exceeds Entire Q4 2017 Revenues

mCig Inc., ( OTCQB : MCIG ), a leading distributor of innovative products, technologies, and services for the global medical cannabis industry is pleased to announce that it’s Grow Contractors (GC) division has exceeded fourth quarter revenues of 2017 (February 1 – April 30, 2017) in just the first month of the 2018 fiscal year (May 2017). In the fourth quarter of FY2017, GC recognized $1.1 million in revenue, and in the first month of FY2018, GC surpassed earnings with $1.3 million in gross revenue. Projects continue to line up as demand remains increasingly strong.

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Hemp, Inc. (HEMP) to Plant Over 550 Acres of CBD-Rich Hemp Plants

Hemp, Inc. ( OTC PINK : HEMP ) announced today that its farming associates, who are licensed in the state of North Carolina by the NC Industrial Hemp Commission, have secured 150+ pounds of CBD-rich hemp seeds which are to be planted this weekend and/or next week. According to CEO Bruce Perlowin, the 150+ pounds of seeds equate to over 550 acres to go along with the 17 acres of high-CBD clones they are planting in North Carolina and Colorado. It will be one of, or, the largest CBD hemp grows in the United States to date.

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PotNetwork Holding Inc. (POTN) to Attend the Southeast Cannabis Conference & Expo

PotNetwork Holding Inc. (OTC PINK: POTN) is pleased to announce that Diamond CBD’s Management team will be among industry leaders this week at the first annual professional educational medical marijuana conference to be held at the Greater Ft. Lauderdale / Broward County Convention Center. The event will take place in Fort Lauderdale, Florida from June 9 through 11, 2017.

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