This post is brought to you by Invictus MD.
Just a few years ago, publicly traded cannabis companies numbered in the twenties. Since then the industry has exploded, and the number of cannabusinesses to go public have soared into the hundreds. While that’s certainly exciting news for the industry and investors alike, sometimes it can be a struggle to wade through the sea of current and emerging investing opportunities.
Here are five stocks that cannabis investors should keep an eye on this week:
Medicinal cannabis producer Invictus MD recently announced the acquisition of Acreage Pharms Ltd., which expands the company’s cultivation space to approximately 250 acres and positions it as one of the largest growers in Canada.
2. Kush Bottles
Cannabis packaging, accessories, and branding provider Kush Bottles has just announced that its CEO Nick Kovacevich will be speaking at the 2017 Canaccord Genuity Cannabis Conference on May 10th, which will garner the already industry-leading company a massive boost in visibility.
3. Aurora Cannabis
The Canadian medical cannabis producer Aurora has just completed a $75-million debenture offering which has pushed its cash position to surpass $160-million - more than enough for the company to execute its ambitious global expansion project.
4. Harvest One
Recreational and medicinal grower Harvest One has struck an interim agreement with PanCann Streaming Corp. to fund the construction of its new expansion facilities. This deal allows for dramatic increases in production capacity without further capital outlay or dilution to company shareholders.
Seizing on the opportunity presented by the recent legalization of medicinal cannabis in Germany, greenhouse medicinal producer Maricann has launched a new subsidiary in Germany. This reflects a rising trend of cannabis companies looking to expand abroad, and Maricann will be well positioned as an early adopter in Europe.
These are just five of the many cannabusinesses that are providing exciting opportunities for investors. And as the industry continues to grow, new opportunities will bloom.
Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Civilized is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Civilized may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two.