Players Network Inc. (fka PNTV)

[Zenrush]

Cannabis Companies That are Primed for a big Year
1 hour 13 minutes ago - DJNF
FN Media Group Presents Microcapspeculators.com News Commentary

LAS VEGAS, January 11, 2018 /PRNewswire/ --
California became the newest state to legalize recreational marijuana at the beginning of 2018. The market is showing utter enthusiasm for all stocks related to the cannabis plant. According to ArcView Market Research, U.S. legal cannabis sales jumped 34% to $6.9 billion in 2016. This research firm forecasts legal sales growth of 26% annually over the next five years, bringing the market to $21.6 billion by 2021.
There has been a huge rush to get in on the marijuana craze which has resulted in hundreds of startups. Investors need to be aware than many of these will fail, it's important to distinguish which will have higher success rates. Many investors make the mistake of investing based on enthusiasm instead of Company results, in both the market and product testing.
To avoid investing based on enthusiasm, take a look at established Companies who are partnering on collaborative products. Partnerships in the cannabis industry are emerging amongst companies who already have products on the market, from drugs to food to pesticides. The market is ever growing and cannabis has been applied to countless consumer markets.
As cannabis-based companies see traction in early 2018, keep a focus on those with products already on the market and company partnerships. A few industry leaders include: NightFood Holdings, Inc. (OTC: NGTF), GW Pharmaceuticals plc (NASDAQ: GWPH), INSYS Therapeutics, Inc. (NASDAQ: INSY), Terra Tech Corp. (OTC: TRTC), and General Cannabis Corp. (OTC: CANN) .
NightFood Holdings, Inc. (OTC: NGTF)
Market Cap: $3.876M, current share price: $.12
Earlier this month, NGTF, the category leading, better-for-you, sleep friendly nighttime snacking company announced that sales more than doubled in the last quarter of 2017 compared to the previous quarter. NGTF announced a strategic partnership with Players Network (PNTV), owns 85% of Green Leaf Farms Holdings, LLC. and will be advising NGFT on the creation of an edibles line of cannabidiol (CBD) infused products. This is great news for NGTF as their existing night-time food products sold out on Amazon over the holiday season. They've set many sales records over the past two quarters.. This partnership comes at the perfect time for NGTF to expand their already successful night-time snacking food line.