Stock Market Press Highlights Cannabis Stocks: Medical Marijuana, Marijuana Companies of America, Dakshidin and Metrospaces
January 10 2019 - 8:50AM
InvestorsHub NewsWire
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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SOURCE: Stock Market Press
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