Back to Newsroom
Back to Newsroom

These Four Marijuana Stocks Could Make Moves

Tuesday, 26 February 2019 12:45 PM

Stock Price

CORAL GABLES, FL / ACCESSWIRE / February 26, 2019 / The marijuana stock market has come quite a long way over the course of the past few years. This can be largely attributed to the fact that lawmakers and politicians who previously saw cannabis as a threat to the safety of the world, now see it as an incredibly lucrative business opportunity. In addition to the financial benefits generated by companies in the cannabis sector, the plant has a myriad of medical benefits as well. Recent studies have shown that marijuana can be used to reduce severe pain felt by cancer patients, as well as treat acute anxiety and increase appetite. Premier Health Group (OTC: PHGRF) (CSE: PHGI), Cronos Group Inc (NASDAQ: CRON, TSX: CRON.TO), Canopy Growth Corp (NYSE: CGC), and Aphria Inc (NYSE: APHA) are four marijuana companies working to take the cannabis industry into the future.

Premier Health Group (OTC: PHGRF) (CSE: PHGI) primarily functions as a healthcare company focused on developing innovative healthcare approaches that combine human skill-based expertise with emerging technologies, but recently the Company has made several key investments and acquisitions to strategically enter the cannabis space.

Premier Health Group (OTC: PHGRF) (CSE: PHGI) today announced plans to expand the growth of its development team at Cloud Practice Inc. to support the Company's focus on digitizing health care. The Company recently hired four new full-time employees, three Web Software Developers and one User Interface/User Experience (UI/UX) Designer, to support the build-out of its patient-centric platform and mobile app – a beta version of which will be available by end of Q2.

Following the announcement, Dr. Essam Hamza, CEO of Premier Health Group (OTC: PHGRF) (CSE: PHGI), said, "0ur goal is to tackle the accessibility bottlenecks by putting the power in the hands of patients. Not only will our app enable patients' access to their health care providers, but also allow for cohesive patient care by coordinating and connecting all members of their health care team."

For More Information On Premier Health Group, Click Here

Cronos Group Inc (CRON) announced towards the end of last week that at a Special Meeting held, the Company's shareholders [overwhelmingly] approved the previously announced strategic investment agreement with Altria Group, Inc. Pursuant to the agreement, at closing, Altria will make an approximately C$2.4 billion equity investment in Cronos Group on a private placement basis in exchange for common shares in the capital of the Company.

Altria will also receive Warrants of Cronos Group, that if fully exercised, would provide the Company with an additional approximately C$1.4 billion of proceeds. The Shares issuable to Altria will result in Altria holding an approximately 45% ownership interest in Cronos Group (calculated on a non-diluted basis) and exercise of the Warrants would result in incremental ownership of 10% for a total potential ownership position of 55%.

For More Information on Cronos Group Inc, Click Here

Canopy Growth Corp (CGC) announced earlier this week it has named Hilary Black as its Chief Advocacy Officer, effective immediately. In her expanded role, Hilary's mandate includes driving patient advocacy efforts worldwide, executing the Company's global corporate social responsibility strategy, and leading the implementation of best practices for diversity & inclusion.

In response to her appointment, Hilary Black, Chief Advocacy Officer, Canopy Growth, said, "for my entire adult life, I have broken down barriers so that patients could access cannabis. Being with Canopy Growth has exponentially amplified these efforts. I feel a tremendous sense of responsibility and privilege to build on this legacy of compassion and carry out a mandate that will improve the lives of patients around the world."

For More Information On Canopy Growth Corp, Click Here

Aphria Inc (APHA) found itself in headlines today when the Company announced a worldwide license agreement with Manna Molecular Science, LLC, producers of state-of-the-art cannabis transdermal patches. Leveraging Manna's established formulations, equipment, and processes, Aphria will produce and sell patches containing cannabis oils for its established suite of medical and adult-use brands.

Jakob Ripshtein, President of Aphria, said, "as we continue to expand its use from product to ingredient, we are excited to offer innovative new ways for consumers to interact with cannabis. As a company at the forefront of cannabis innovation, Manna Molecular Science will be an important strategic partner for Aphria. Like us, they are committed to making safe, high-quality cannabis products available to a wide array of global consumers."

For More Information On Aphria Inc, Click Here

What Is Stock Price (StockPrice.com)?

Stock Price is defined as the price of a single share of a number of saleable stocks of a public company. A stock price is the highest amount an investor or trader is willing to pay for the stock, or the lowest amount that it can be bought for.

StockPrice.com was created for everyone that wants the latest stock quotes, stock charts, company news, and the best financial content.

At Stock Price (StockPrice.com), you get free stock quotes, up-to-date news, international market data, social interaction and the best financial content that will help you manage your financial life.

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. JSG Communications, LLC which owns www.StockPrice.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.

JSG Communications, LLC, which owns www.StockPrice.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. JSG Communications, LLC, which owns www.StockPrice.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two.

Pursuant to an agreement between MIDAM VENTURES, LLC and Premier Health Group Inc. we were hired for a period from 10/1/2018 – 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 (CASH) for & were paid "500,000" shares of restricted common shares (as of 1/2/2019). We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the "500,000" shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Please click here for full disclaimer.

Contact Information:

[email protected]

SOURCE: StockPrice.com

Topic:
Advertorial
Back to newsroom
Back to Newsroom
Share by: