USMJ and PHOT Build Momentum On Marijuana Legalization In California And Canada
04 Enero 2018 - 7:52AM
InvestorsHub NewsWire
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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