Medbright AI Investments Inc (MBAIF)

[lithiumjr]

Marijuana Stocks from Canada You Need to Be Watching

http://www.huffingtonpost.com/entry/marijuana-stocks-from-canada-you-need-to-be-watching_us_590a1612e4b03b105b44be84

Vinergy Resources (OTC:VNNYF) – Market Cap $23.7M
Vinergy Resources focuses on Canada’s emerging medical and recreational marijuana industry. Through a proposed acquisition of MJ Biopharma, the next stage for company growth has also targeted new technologies & extraction methods. In February, the company announced key findings while conducting research on oral cannabinoid delivery strips. Essentially, the patent pending technology, called BURST, enhances the body’s absorption of ingredients and could become a drug delivery system that is efficient in enhancing user experiences.

In addition to this, Vinergy has also been developing new extraction methods that could end up shortening the processing cycle and increase the overall production supply while also enhancing product quality. The recent signing of a binding letter of intent to acquire 65% of Biolennia Laboratories could also offer opportunity for the company. Among other things, the major importance of this surrounds Biolennia’s current process of applying for a Dealer’s License from Health Canada. This would allow the company to process cannabis for R&D purposes.