Three Top Cannabis Stocks to Take Seriously in 2019
HOUSTON, TX / ACCESSWIRE / February 6, 2019 / 2018 was quite an impressive year for IPOs.
Markets saw 274 IPOs, which raised more than $64.74 billion. That was an improvement over the 234 IPOs of 2017, which raised $52.41 billion. For 2019 IPOs could raise up to $100 billion, according to CNBC.
Some of the hottest IPOs may just be in the cannabis sector.
Blueberries Medical Corp. (BBM), for example, a leading Colombia-based licensed producer of medicinal cannabis and cannabis-derived products, will commence trading on the Canadian Securities Exchange (CSE) today under the symbol, "BBM."
"Our public listing in Canada marks the accomplishment of another important milestone for Blueberries as we continue to execute on our vision of becoming a leading producer of premium quality medicinal cannabis products internationally", stated Christian Toro, Chief Executive Officer. "Combining Canadian leadership in the cannabis industry, strategic global relationships and Colombian passion and expertise, at Blueberries Medical we do things better."
Blueberries is continuing to advance its developments to become a large-scale producer of naturally grown premium quality cannabis with its primary operations well situated in the Bogotá savannah in central Colombia. Lead by a team with proprietary expertise in agriculture, genetics, extraction, medicine, pharmacology and marketing, Blueberries has received all licenses required for the cultivation, production, domestic distribution, and international export of CBD (cannabidiol) and THC (tetrahydrocannabinol)-based medical cannabis.
Blueberries' scientific expertise, agricultural advantages, and distribution arrangements has positioned the Company to become a leading international supplier of naturally grown, processed and standardized medicinal-grade cannabis oil extracts and related products.
For More Information on Blueberries Medical Corp., Click Here.
Long after its IPO, Aurora Cannabis (ACB) was added to the NYSE in late October 2018. Since then, shares have run from $5.50 to $7.90 a share.
In September 2018, Aurora acquired Europe's largest producer, processor and supplier of organic hemp and hemp products, Agropro UAB, and hemp processor and distributor Borela UAB. All as Aurora seeks to extract, refine and produce organic hemp biomass into a number of CBD-based wellness products.
The company also made headlines in December 2018 after announcing it entered into an agreement to invest $10 million through a brokered private placement in High Tide Inc., a private cannabis and lifestyle accessories retailer.
For More Information on Aurora Cannabis, Click Here.
Tilray Inc. (TLRY) went public in late July 2018, and has since watched its stock run from $29.31 to $83 a share. The company recently signed a letter of intent (LOI) with LiveWell Canada Inc. Under the terms of agreement, Tilray will buy hemp-derived CBD isolate sources in Canada and the United States. The CBD isolate that Tilray is buying from LiveWell Canada will be used for Tilray's wellness and medical products in Canada and the U.S.
For More Information on Tilray Inc., Click Here.
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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. Winning Media which has a partnership with www.MarijuanaStox.com 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. Winning Media, which has a partnership with www.MarijuanaStox.com, is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement between Winning Media (partners of MarijuanaStox.com) andBlueberries Medical Corp.Winning Media has been paid four thousand dollars for advertising and marketing services for Blueberries Medical Corp.We own ZERO shares of Blueberries Medical Corp.Please click here for full disclaimer.