Cannabis Stocks Making Waves In The Marketplace: Medical Marijuana, Marijuana Companies of America, Dakshidin and Metrospaces
New York, NY -- January 10, 2019 – InvestorsHub NewWire – Stock Market Press (SMP) has been following the cannabis sector closely and is excited to highlight the following companies:
Metrospaces, Inc. (MSPC) moves ahead with facility acquisition due diligence as per yesterdays press release. This is an exciting time for the company as the cannabis industry demand, medical and recreational, is outstripping supply. Canada just experienced an unprecedented surge as recreational use was legalized nationwide. We believe the USA isn't far behind in further easing at the federal level and why we believe Metrospaces is at the forefront here with their acquisition.
About Metrospaces acquisition target: “The facility is located in the city of Adelanto, California and consists of a 12,000 ft2 canopy facility licensed for cultivation, manufacture and distribution of approximately 300 lbs of monthly cannabis production. This production currently generates approximately $7.2 million in annual revenue with an operating profit of approximately $4.5 million per year. Additionally, the site is set on a 6.5 acres site which allows us to build another (already licensed) 8,000 ft2 canopy. The acquisition also includes a non-operating retail operation.”
Medical Marijuana, Inc. (MJNA) just experienced their largest year ever, with sales increase of over 150%. Production of cannabis continues to spread across the USA and the world. Both Marijuana (THC) and Hemp (CBD) varieties are seeing a massive increase in demand, something clearly seen by the below 2018 MJNA highlights:
- Experienced year-over-year sales bookings growth of more than 160% compared to 2017.
- Announced that it was named a Top 3 Hemp Producer of 2018.
- Released new Dixie Botanicals® Fruit-Flavored Energy Kicks and Gel Capsules.
- Its flagship product Real Scientific Hemp Oil™ was featured on Emmy® Award-Winning daytime talk show The Doctors.
- Garnered import permits from the Argentina's National Administration of Medicines, Food and Medical Technology (ANMAT) for the first-ever Tetrahydrocannabinol (THC)-free CBD product in Argentina.
- United with Peak Health Center to sell the first and only Humulus-derived CBD product, Real Scientific Humulus Oil (RSHO-K).
- Revealed the company's first CBD vape cartridge and vape oil liquids through its distribution subsidiary Dixie Botanicals®.
- Launched Phyto Animal Health.
Dakshidin Corp (DKSC) just announced the completion of Whitechapel Holdings, Inc which includes a sales portal subsidiary as well as licensed cultivation subsidiary. With spending expected to increase to nearly $50B by 2027 (Arcview Market Research), you can see why a focus on increasing production and companies that are expanding production as of great interest to investors.
The acquisition announcement and subsequent completion has seen the share price of Dakshidin increase by over 1,000% in the past few months.
Marijuana Companies of America (MCOA) announced expansion into Europe for their hempSMART(tm) products for 2019 after closing out a strong 2018 with Q4 figures expected to be the highest ever for the company. Additionally, the company just announced the filing of an S1 to raise up to $10M after their successful uplisting to OTCQB.
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