Carlsbad, CA / ACCESSWIRE / March 5, 2014 / As The
Marijuana Index swiftly becomes the top resource for marijuana
investors, MarijuanaIndex.org launched an investor survey today
to prepare for a wave of enhancements and pending
announcements. Investors and site visitors are urged
to participate in the survey, which can be completed in five
minutes or less by visiting the following link:
https://www.surveymonkey.com/s/6TRX93W
The sole purpose of the survey is to improve
MarijuanaIndex.org to further cater to investors – the index
team believes page views could exceed 1,000,000 in the month
of March, with as many as 500,000 or more unique visitors expected.
Visitors who have signed up for the newsletter can expect
e-mails to commence within the next week.
The Marijuana Index: Quick Notes from
Tuesday, March 4th Trading Session
As the Dow Jones, NASDAQ, and S&P 500 all
continued their bullish trend – Tuesday marked an interesting
day in marijuana-related equities. The Marijuana Index
dipped slightly to close at $51.91 as shares of CannaVest
dropped 8.72%. As detailed by popular cannabis
analyst Alan Brochstein of TheDailyDab.com and 420 Investor,
the sector experienced multiple double-digit advancers
including Advanced Cannabis Solutions, Zoned Properties, and
Vape Holdings – with no double-digit decliners.
To review all the advancers and decliners, view the interactive
charts at www.marijuanaindex.org
How Marijuana Became a Real Estate
Play
A popular trend to watch in the marijuana sector is the use of
real estate leverage in funding transactions. Initially made
popular by Advanced Cannabis Solutions (OTCQB: CANN)
through a deal with Full Circle Capital Corp. for up to $30
million, The Marijuana Index is tracking several companies using
real estate to get deals done in the quest to create
shareholder value.
Leveraging real estate as a public issuer is a savvy move – as
companies balance perceived risk of owning actual cannabis
operations in light of federal policies, funding structured with
real property is a “safer” medium for institutional investment.
Instead of owning the actual growing operation or dispensary,
investment risk may be mitigated through various methods
backed by real estate... somewhat akin to a “sale-leaseback” once
made popular in the energy sector (i.e. a “green” energy
company might spread the cost of a new power facility over the
course of 20 years, with payments funded by a power purchase
agreement, or PPA).
Several examples of marijuana companies using real estate are
showing up in company press releases, some of which are listed
below.
Follow these companies and more at www.marijuanaindex.org
LEAF Aspen Gets a G.I.F.T. from GrowLife
GrowLife (OTCQB: PHOT) announced its first “G.I.F.T.”
transaction in Colorado on Tuesday. After expanding their
capital structure to accommodate new deals in February,
GrowLife partnered with LEAF Aspen, a popular company in Colorado’s
popular vacation destination. The GrowLife Infrastructure
Funding and Technology Program (G.I.F.T.) “allows fully-licensed
and compliant growers and dispensaries in well-regulated
cannabis markets to spread the cost of infrastructure builds
over time.”
In this particular transaction, GrowLife collaborated
with LEAF Aspen and Articulated Investors, who invested in
real estate on behalf of LEAF Aspen as part of the deal.
Jake Schrader, Co-President of New York based
Articulated Investors, stated “we have enormous confidence in
their (LEAF Aspen’s) ability to manage the complexities of a
state of the art cultivation facility.”
Although terms were not immediately available in the press
release, the language reveals that GrowLife may occasionally
partner with REITs (Real Estate Investment Trusts) or
commercial real estate lenders, as part of their
G.I.F.T. Program. Shares of GrowLife (OTCQB: PHOT)
closed the day Tuesday up 2.8% on strong volume.
In the Real Estate Zone
Zoned Properties (OTC Pink: ZDPY), a strategic real estate
investment firm whose primary focus is acquiring commercial
properties that face unique zoning challenges, continued its run
from February on Tuesday. On February 19th, the company
announced an agreement for an 83,000 square foot facility in
downtown Tempe, for the purchase price of $4.6 million.
Shares of Zoned Properties finished Tuesday at $20.80, a big
jump from their closing price of $6.95 on February 19th. The
company stated plans to close the transaction within 60 days of the
initial press release. Zoned Properties is clearly
positioning themselves as a real estate developer, lessor, and or
funder for cannabis companies.
Follow Zoned Properties, a new listing on The
Marijuana Index, at www.marijuanaindex.org
Cannabis Real Estate Newcomer
The Marijuana Index is watching a little-known newcomer, who
recently changed their focus toward real estate deals in the
cannabis space, entitled “Cannabis-RX” (OTCQB: CANA).
Investors are cautioned that no retail market has taken shape
for the company, which shows a current ask of $100,000 a share and
bid price of $3.60 – a nasty spread to say the least. A
filing from the company details their recent symbol and name
change.
The website, which resembles more of a “splash” page
for now, details that the company has recently completed a
$12,000,000 financing – and that it “intends to deploy capital
in light industrial and commercial properties suited for the
needs of growers, suppliers, or distributors of licensed
marijuana and ancillary type products.”
The Marijuana Index expects the real estate trend in marijuana
deals to expand further as investors determine creative ways to
utilize the underlying "real" asset for growing operations,
dispensaries, and other businesses in the sector.
The Marijuana Index Releases Investor
Survey
The Marijuana Index requests all readers who track the index, or
are interested in the future of the index and related
possibilities, to participate in The Marijuana Index Survey.
Five minutes will ensure that the future of The Marijuana
Index reflects your desires as an investor or observer:
https://www.surveymonkey.com/s/6TRX93W
About The Marijuana Index
Partnered with Cannabis Financial Network (www.CannabisFN.com),
The Marijuana Index is the first and only registered equity
tracking index for marijuana stocks, cannabis stocks, and hemp
stocks – providing investors and listed companies with dynamic
market data and streaming content. Currently representing
more than thirty publicly traded issuers, The Marijuana Index
provides marijuana investors and interested observers with a medium
for research, charts, and a centralized news source. Readers
are urged to visit www.marijuanaindex.org for
up-to-date information and to sign up for updates.
Follow The Marijuana Index on Twitter @MarijuanaIndex.
As the index integrates several improvements, investor
and site visitor feedback is requested by visiting this link:
https://www.surveymonkey.com/s/6TRX93W
DISCLAIMER
The Marijuana Index (MJX Marijuana Index) is a data aggregation
service and does not provide promotional efforts, other than future
sponsorship or visual advertisements, unless otherwise noted.
The Marijuana Index does not offer investment advice.
Readers are cautioned against using information obtained from
The Marijuana Index as a basis for any investment decision.
The Marijuana Index makes no warranties or representations as
to the accuracy of posted or streamed information. For more
information on our disclaimer, visit www.MarijuanaIndex.org and
click on “About Us” and “Disclaimer.” The Marijuana Index was
not paid by any companies listed within this press release, but
reserves the right to buy or sell shares in listed companies
without notice. The word “registered” above as it relates to
the index is not meant to imply registration with the SEC – The
Marijuana Index is registered with leading financial content
provider Quotemedia with the ticker ^MMJ.
INCLUSION IN THE MARIJUANA INDEX DOES NOT IMPLY THAT DUE
DILIGENCE OR EVALUATION ON ANY LEVEL HAS BEEN CONDUCTED ON
LISTED COMPANIES.
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