Legal Cannabis Market Has High Expectations After Elections

NEW YORK, November 11, 2016 /PRNewswire/ --

http://www.Financialbuzz.com - Four of the five states approved the proposal for legalization of cannabis for recreational after elections this week. In California, Massachusetts, Nevada and Maine voters decided that recreational marijuana is now legal, as Arizona was the only state that rejected the proposal. This is a highly positive development for the legal cannabis industry, many reports are projecting that this approval will bring billions of dollars to the industry and to the states themselves. Canadian Zeolite Corp. (CNZ.V), Supreme Pharmaceuticals Inc. (SL.CN), Canopy Growth Corp (CGC.TO), Aphria Inc. (APH.V), Maple Leaf Green World Inc. (MGW.V)

A total eight states, plus the District of Columbia, recognizes recreational cannabis use as a legal practice for adults, while Arkansas, Florida, Montana and North Dakota passed ballot measures legalizing medical marijuana. California is of course the most populated state and the largest market for cannabis. California Lt. Gov. and former San Francisco Mayor Gavin Newsom, said the proposition could generate up to $1 billion a year in tax revenue, as well as $100 million in saved taxpayer money on an annual basis. Now Canada's efforts to pass marijuana legalization reform could be boosted by the move of U.S. states.  

Canadian Zeolite Corp. (TSX-V: CNZ) is a exploration, development and production of the industrial mineral zeolite. The company explains the value of Zeolite, which is a naturally occurring mineral found in volcanic ash, and is unique notable in its crystalline structure perforated by microscopic pores. These pores allow zeolites to act as natural filters. As a result, Zeolites (microporous) are used across several industries for a variety of purposes, including water purification and radioactive waste containment. This is an environmentally friendly Green Tech business which well suited to today's economic environment.

Recently Canadian Zeolite Corp. announced that it will begin shipping the natural zeolite mineral to several medical marijuana growers in Canada and the United States. Currently, the company is developing zeoponics and zeoponic substrates specifically designed for growing of medical marijuana. The mineral allows the plant to absorb the nutrients and improve the plant quality. The mineral also helps to produce higher amounts in shorter period of time.

CEO of Canadian Zeolite Corp, Ray Paquette, explained in a press release "with the explosive growth of the medical marijuana industry, Canadian Zeolite is well-positioned to become a leading supplier of natural zeolite to this expanding market as well as becoming an innovator of new products to compliment the growing process."

Canopy Growth Corp. (CGC.TO) is a diversified cannabis company. Canopy Growth is engaged in the business of producing and selling legal marijuana in the Canadian medical market. On November 1st the company announced a Memorandum of Understanding with the Goldman Group to expand Canopy Growth's cannabis production capacity and geographic footprint. According to the Memorandum the agreed upon growth strategy will see the Goldman Group acquire new properties across Canada for the design and build of new Canopy Growth production facilities.

Supreme Pharmaceuticals Inc. (SL.CN) is development company focusing on medical marijuana industry, with an emphasis on production and sale of medical marijuana as regulated by Marihuana for Medical Purposes Regulations. The company claims to own some of the most innovative greenhouse facilities, which are the first of their kind to be hybridized and modular, meaning they provide the best practices of indoor cultivation with the cost savings and sustainability of a greenhouse. Currently the company is focusing on scaling up their operations.

Aphria Inc. (TSX-V: APH) is a Canada-based company, which is engaged in producing and selling medical marijuana through retail sales and wholesale channels. The Company's retail sales are primarily sold through the Company's online store, as well as telephone orders. Back in September the company announced that announced that its Board of Directors approved a fully funded $24.5 million capital project as the first phase of its Part III expansion. The project will increase the company's capacity under the Access to Cannabis for Medical Purposes Regulations from 100,000 square feet to 300,000 square feet. This project is expected to increase the growing capabilities from 5,500 kgs annually to 18,000 kgs annually.

Maple Leaf Green World Inc. (TSX-V: MGW) s focused on eco-agriculture and renewable energy in the environmental industry. The Company is seeking opportunities to obtain a Marijuana for Medical Purposes Regulation (MMPR) License from Health Canada and medical marijuana business in the State of California, the United States. On November 8th the company announced that it has signed a Letter of Intent with BioNeva Innovations of Henderson LLC to purchase a cultivation permit for 33,500 sq ft indoor facility issued by the State of Nevada, and located in the city of Henderson, Nevada, located 16 miles from Las Vegas.

Subscribe Now! Watch us report from NYSE https://www.youtube.com/FinancialBuzzMedia

For "The Latest Buzz in Financial News", SIGN UP & Visit: http://www.FinancialBuzz.com

Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz

Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz

Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/

About FinancialBuzz.com    

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR branding, marketing and advertising for third parties for disseminating news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the "Site") is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and pr marketing firm enters into service agreements with the companies which are the subject to the articles posted on the Site for advertising such companies. Financialbuzz.com has been compensated four thousand dollars for financial news dissemination and pr services by a non-affiliated third party for canadian zeolite corp. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on this site along with other financial news pr media services. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com does not undertake to update any of the information on the Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on the Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use. Please visit: http://www.financialbuzz.com

For further information:

Media Contact: Danny A, info@financialbuzz.com , +1-877-601-1879

Url: http://www.FinancialBuzz.com