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Thursday, January 04, 2018 9:11:05 AM
USMJ and PHOT Build Momentum On Marijuana Legalization In California And Canada
Date : 01/04/2018 @ 8:52AM
Source : InvestorsHub NewsWire
Stock : Growlife Inc. (PC) (PHOT)
Quote : 0.03804 0.0 (0.00%) @ 8:48AM
USMJ and PHOT Build Momentum On Marijuana Legalization In California And Canada
Alert
New York, NY – January 4, 2018 – The stock prices of North American Cannabis Holdings, Inc. (USMJ) and GrowLife, Inc. (PHOT) have seen big gains on high volume in reaction to announcements that show both companies implementing strategies to take advantage of recreational marijuana legalization in California and Canada. Similarly, Cannabis Science, Inc. (CBIS) has seen its PPS increase substantially on high volume in reaction to the company’s news regarding dispensary acquisitions in California. The three stocks present investors with a range of entry points for participating in the marijuana sector surge going on right now with California recreational marijuana legalization going into effect on January 1st and Canadian recreational marijuana legalization going into effect this summer. USMJ is a sub-penny stock trading high volumes under $0.001 and showing potential to more than double from yesterday’s $0.007 close to seeing a PPS as high as $0.002 in the near term. PHOT closed yesterday above $0.03 and the PPS shows signs of going higher. CBIS closed yesterday above $0.13.
Below are some of the recent USMJ and PHOT headlines showing the two companies strategies in California and Canada:
North American Cannabis Holdings (USMJ) and Puration (PURA) Announce Canadian Plan to Become McDonald's of Dispensaries and Sun Maid Raisin of Growers
North American Cannabis Holdings (USMJ) Announces Negotiations to Expand Dispensary and Grower Strategy in California
GrowLife, Inc. (PHOT) Opens Flagship Canadian Retail Location as Federally Regulated Market Rapidly Expands
GrowLife, Inc. (PHOT) Launches Cube Pro California Edition Grow Starter Kits; Recreational Market Compliant
You can learn more about other marijuana sector stocks, many of which are rallying right now in reaction to California and Canadian legalization news, in Seeking Alpha’s recent update on the sector:
227 Marijuana Stocks For Your Post-Christmas, Post-Santa Claus Rally Shopping List
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
Source: www.nextbigticker.com
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