CORAL GABLES, FL / ACCESSWIRE / March 7, 2019 / Marijuana stocks have had quite a solid couple of months thus far in 2019. As we’ve seen more lawmakers advocate for legislative changes in favor of cannabis legalization, the cannabis sector has responded favorably to the news. As a result of the passing of the 2018 U.S. Farm Bill, cannabis companies have ramped up production on hemp in order to manufacture products with hemp-derived cannabidiol. If conditions remain as they have been, the cannabis sector may see an increase in investor attention in the near future. American Premium Water Corporation (OTC: HIPH), Namaste Technologies Inc (OTCQB: NXTTF), Innovative Industrial Properties Inc (NYSE: IIPR), and Canopy Growth Corp (NYSE: CGC) (TSX: WEED) are 4 pot stocks bringing the heat on Thursday.
American Premium Water Corporation (OTC: HIPH) is a company you may not have heard of but could benefit from taking a look at. The Company is a luxury consumer products corporation invested in discovering different use cases for the molecular potential of hydrogen, as well as nanotechnologies, in congruence with cannabidiol (CBD) to optimize product offerings to treat health disorders and enhance the quality of life for consumers.
American Premium Water Corporation (OTC: HIPH) today announced that its LALPINA CBD will be sold in General Nutrition Center locations. LALPINA CBD will be part of the pilot program the brand participated in last year. LALPINA CBD will be available for sale at two southern California locations; GNC Walnut, CA located at 20687 Amar Road and GNC Rancho Cucamonga, located at 10768 Foothill Boulevard.
Following the announcement, Ryan Fishoff, CEO of American Premium Water Corporation (OTC: HIPH), said, “I am thrilled to announce that LALPINA CBD will be available for sale at GNC. This has the potential to be an anchor account for us going forward. These locations are within one of our core target markets and am confident that the product will be well received, which should open the door for other locations in the Los Angeles area, all over California, and other states and cities nationwide.”
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Namaste Technologies Inc (NXTTF) today announced that, in an effort to maintain a well-regulated executive leadership team, Kiran Sidhu and Sefi Dollinger have resigned from the board of directors of Namaste Technologies Inc. to pursue other business interests. Following their departure, the Company extended their thanks to Kiran and Sefi for their service to the board in the past several years.
The board of directors of the Company is now comprised of Laurens Feenstra, Branden Spikes, and Kenneth Ngo. The Company is actively looking to add up to two additional independent directors to the board and is currently in discussion with potential candidates.
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Innovative Industrial Properties Inc (IIPR) announced towards the end of February that the Company will report results for its fourth quarter and year ended December 31, 2018, after the market closes on Wednesday, March 13, 2019.
In addition to the announcement of their fiscal results, lan Gold, Executive Chairman, Paul Smithers, President, and Chief Executive Officer, and Catherine Hastings, Chief Financial Officer, will host an investor conference call at 10:00 a.m. Pacific Time on Thursday, March 14, 2019, to discuss the company's financial results and operations for the year.
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Canopy Growth Corp (CGC)(WEED) and the NHL Alumni Association announced last week that they have initiated a clinical research partnership that will investigate the efficacy of cannabinoids as an integral part of a novel treatment for post-concussion neurological diseases in former NHL players. A substantial number of these high performing, former professional athletes have developed impairments as a result of past concussions, ranging from depression, post-traumatic stress disorders and progressive dementia from chronic traumatic encephalopathy.
Following the announcement, Glenn Healy, Executive Direct of the NHLAA, said, “this study offers alumni the promise of help and hope, and we are excited to participate in what could become a true game-changer in allowing these professional athletes to finish strong.”
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