LAS VEGAS, February 14, 2018 /PRNewswire/ --
FN Media Group Presents Microcapspeculators.com News Commentary
Marijuana is fueling an industry that is expected to reach almost $23 billion by 2021. The market for legal weed in the United States is continuously growing as nine states and D.C. already allow recreational marijuana use. With the belief that cannabis will be recreationally legal in every one of the 50 U.S. states sometime in the near future, there is excitement in research and development for new consumer products. There has been further proof through the Canadian market that there has been continuous need for cannabis products. Included in today's commentary: NightFood Holdings, Inc. (OTC: NGTF), GW Pharmaceuticals plc (NASDAQ: GWPH), INSYS Therapeutics, Inc. (NASDAQ: INSY), Terra Tech Corp. (OTC: TRTC), and General Cannabis Corp. (OTC: CANN).
Canada has been one step ahead of the U.S. as it became the first country in the world to legalize the use of medical marijuana. One Canadian company has announced it has created the first marijuana-infused beer. Canada's Province Brands (PB) has filed the provisional patent for the world's first beers brewed from the cannabis plant.
Canada is now on the verge of legalizing marijuana infused food and beverages which is expected in 2019. Companies like PB are working toward creating products in lieu of future legislation in their own country. PB is describing its marijuana infused beer as an alcohol-free, yet highly intoxicating beverage. They claim the products are low in calories, low in sugar, and gluten free.
As legalization expands across North America, the market is wide open in both Canada and the U.S. Cannabis-infused products will continue to pop up as legalization changes across both countries. The process in which each country is legalizing the plant while create diverse opportunities to invest.
As stocks soar, you may think the large caps are leading the way. Check out these diverse companies in the marijuana game and their performance: NightFood Holdings, Inc. (OTC: NGTF), GW Pharmaceuticals plc (NASDAQ: GWPH), INSYS Therapeutics, Inc. (NASDAQ: INSY), Terra Tech Corp. (OTCQX: TRTC), and General Cannabis Corp. (OTCQB: CANN).
NightFood Holdings, Inc. (OTC: NGTF)
Market Cap: $12.915M, current share price: $.3998
NGTF is a U.S. based company creating popular mainstream and cannabis-related snack products. This better-for-you, sleep-friendly snack company announced that Gregory Getner, the digital marketing guru, has officially joined their team. CEO Peter Leighton will be directing his efforts toward the development of the Half-Baked brand, the cannabis-related snacks through NGTF's subsidiary, MJ Munchies, Inc. This hire will allow Leighton to grow the Half-Baked brand while Getner takes control of NGTF's social media strategy in order to drive revenue growth through paid advertising, social sharing, and community. Getner will also be in charge of implementing systems to encourage repeat purchase behavior from existing customers. With NGTF coming off recent consecutive months with record setting revenues, they are in a position to increase their paid advertising of their already popular products.
GW Pharmaceuticals plc (NASDAQ: GWPH)
Market Cap: $3.5B, current share price: $126.06
GWPH, a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, will be presenting at the 7th Annual Global Healthcare Conference. Justin Gover, GW's CEO will be facilitating the presentation and is scheduled for 2:00pm on Wednesday, February 14, 2018. To tune into the live audio webcast of the presentation, log on to the company website and click on the investor relations tab.
INSYS Therapeutics, Inc. (NASDAQ: INSY)
Market Cap: $560.872M, current share price: $7.65
INSY has seen better days. The commercial-stage specialty pharmaceutical company headquartered in Arizona saw its stock drop 13.1% last week. Since the start of 2018, INSY stock has fallen 23.7%. With the rise of cannabis related companies, several larger companies are falling while smaller, more innovative companies storm the market.
Terra Tech Corp. (OTCQX: TRTC)
Market Cap: $273.325M, current share price: $.2824
TRTC recently expanded company retail operations into Santa Ana, Southern California. This expansion was possible due to the acquisition of the assets of Tech Center Drive Management LLC, which operated The Reserve OC medical cannabis dispensary. TRTC is a vertically integrated cannabis-focused agriculture company.
General Cannabis Corp. (OTCQB: CANN)
Market Cap: $114.326M, current share price: $4.115
CANN is a company that is staying away from growing and selling, which is where the risk is in marijuana. They do so in an innovative way acquires and leases cultivation space and facilities to licensed marijuana growers and dispensary owners. This is an example of 'playing it safe."
Medical Marijuana, Inc.
Market Cap: $351.598M, current share price: $.1066
MJNA is a familiar name to most its the first-ever publicly traded cannabis company in the United States. One of its subsidiaries, Phyto Animal Health, announced the establishment of its Veterinary Advisory Board, comprised of recognized experts in animal sciences and veterinary medicine. The Board's purpose is to create animal-safe products while building upon MJNA's industry-leading standards.
Through various public companies, we can see that cannabis is a driving factor in driving innovation across consumer industries. It's not just for medicinal purposes, but for the average consumer. American investors should be taking note of the Canadian market when thinking about U.S. cannabis-related companies.
For Full Legal Disclaimer Click Here.
DISCLAIMER: Microcapspeculators.com (MS) is the source of the content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM,) and its online brand FinancialNewsMedia.com, is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with MS or any company mentioned herein. The commentary, views and opinions expressed in this release by MS are solely those of MS and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable MS and FNM for any investment decisions by their readers or subscribers. MS and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks included herein by MS. FNM was not compensated by any public company mentioned herein to disseminate this press release on behalf of MS.
MS Disclosure: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. ACR Communication, LLC. which owns Microcapspeculators.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. ACR Communication, LLC. which owns, Microcapspeculators.com may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. ACR Communication LLC. which owns Microcapspeculators.com may be compensated for its services in the form of cash-based compensation or in equity in the companies it writes about, or a combination of the two.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MS and FNM undertake no obligation to update such statements.
Content Provided By: Microcap Speculators
FN Media Group LLC