Recent Recreational and Legal Marijuana Expansions Boost Cannabis Related Travel Experiences
January 10 2017 - 11:16AM
InvestorsHub NewsWire
NEWS PROVIDED
BY
MarketNewsUpdates.com
PALM BEACH, FL -- January
10, 2017 -- InvestorsHub NewsWire -- Cannabis companies are
capitalizing on the overwhelming growth and demand throughout the
industry, creating unique services and products that are producing
significant revenue streams. One of the fastest growing sectors in
leisure travel appears to be the legal cannabis industry that
targets individuals who want to learn more about potential
investment opportunities in the cannabis and legal marijuana
business market space, while experiencing a Napa
Valley type of luxury vacation. Cannabis Companies with
developments of note in the markets include Puration, Inc. (OTC:
PURA), Kaya Holdings, Inc. (OTC: KAYS), Mountain High Acquisitions
Corp. (OTC: MYHI), Medical Marijuana, Inc. (OTC: MJNA) and
Growlife, Inc. (OTC: PHOT)
Puration, Inc. (OTC: PURA) and ML Capital Group
(MLCG) have partnered to introduce Cannabis Tourism to the New
York Times reported 1.2 billion international travelers
worldwide. The Cannabis Tourism Service will initially target what
the Denver Post reported as Colorado's $19
billion tourism industry. Additional Cannabis Tour
destinations are in the works. Read this and more news for PURA
at: http://marketnewsupdates.com/news/pura.html
Earlier last year, PURA entered into a $1
million collaboration agreement with Colorado based
Spanish Peaks ScrumpDelicacies. Last week, MLCG entered into a
letter of intent to acquire Spanish Peaks ScrumpDelicacies. PURA
and MLCG plan to work together on their combined interests in
Spanish Peaks to expand MLCG's existing Luxury Tour business to
include a Global Cannabis Tour Offering. The Cannabis Tours
offering will start in Colorado, but additional Cannabis Tour
locations, to include destinations outside the United States,
are already in the works. PURA and MLCG have published
an online and on demand presentation detailing plans for
the Global Cannabis Tour
Business: http://www.purationinc.com/news/mlcg
In other Cannabis/Legal Marijuana market performances and
developments:
Kaya Holdings, Inc. (OTCQB: KAYS) announced
last week that it has been awarded its first full recreational
marijuana retailer license from the Oregon Liquor Control
Commission (the "OLCC") for its existing South Salem Kaya Shack™
Marijuana Superstore. The Company also announced that KAYS has
secured a $2.1 million funding commitment to implement
the Company's 2017 growth plan.
Mountain High Acquisitions Corp. (OTCQB:
MYHI) closed up over 72% on
Monday at $0.1725 trading over 5.2 Million shares by
the market close. Mountain High Acquisitions Corp. is a diversified
holding company focused on the acquisition and development of
businesses within the hemp and CBD nutraceutical sectors. The
Company's wholly owned subsidiary, GreenLife BotaniX, Inc., is
a California-based developer and marketer of the "SuperCBD"
brand of CBD hemp oil infused nutraceutical products.
Medical Marijuana, Inc. (OTC: MJNA), the
first-ever publicly traded cannabis company in the United
States, announced yesterday that its major investment company AXIM®
Biotechnologies, Inc. (AXIM® Biotech) (AXIM) has received positive
pharmacokinetic (PK) data results on its CanChew Plus® CBD Gum,
which will be used in upcoming clinical trials with patients
suffering from irritable bowel syndrome (IBS).
Growlife, Inc. (OTC: PHOT) closed up over 15%
on Monday at $0.02 trading over 41 Million shares by the
market close. GrowLife, Inc. aims to become the nation's largest
cultivation service provider for cultivating organics, herbs and
greens and plant-based medicines.
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