The marijuana stock marketplace in the previous couple of weeks has observed its fair share of volatility. When this is somewhat characteristic of the sector all through the previous, it appears as even though these corrections are very typical for the well being of the marketplace.
Some firms have been capable to worry far better than other people, which just goes to show the resilience of numerous elements of the space. Even though this may possibly appear like a unfavorable for some, it essentially presents an chance to watch some firms as a bargain provided the future development does not appear to be slowing down in the slightest.
Leafbuyer Technologies, Inc. (LBUY) has remained a single of the biggest on the net platforms for anything associated to cannabis for some time now. The organization at present operates by providing customers facts on anything from exactly where the nearest dispensary is, to what variety of offers can be positioned about the individual’s city. The organization has continued to make headlines as they present a new way of what it suggests to be a cannabis organization.
Not too long ago, they announced that they have begun operating with new blockchain technologies. The organization has stated that they strategy to integrate their loyalty plan identified as Leafbuyer Loyalty, which ought to support them to in the future, full the entirety of the getting approach of cannabis on the net.
At the moment, consumers can set up Leafbuyer Wallets, which efficiently makes it possible for them to view their account, track all transaction history, and see how a lot of points they have accumulated. The points can then be applied to save revenue or get far better offers on the solutions that they select to obtain.
Leafbuyer stated that they have observed as considerably as 375% development in their internet visitors year-more than-year, with that quantity rising just about every month. CEO of Leafbuyer Kurt Rossner stated that “We are pleased with our income development and think the price of development will continue into 2019 as we add sales and marketing and advertising sources. We will continue to raise the expansion of our platform in all legal markets, like Canada.”
Leafbuyer continues to redefine what it suggests to be a classic cannabis organization, by operating to innovate and bring new techniques of interacting with cannabis into the marketplace. All in all, investors ought to continue to maintain a close eye on Leafbuyer for the close to future.
Cronos Group (NASDAQ:CRON) saw a terrific deal of volatility in its current pricing. Offered that they are a single of the biggest producers of marijuana in the entire of the marketplace, bearish sentiment more than a week or so does not appear to be as well substantial of an challenge. The organization has managed to continue upping their production of cannabis as nicely, with as considerably as 255,000 kilograms getting made per year when operating at complete capacity.
The organization has extra plans to develop their existing facilities in the close to future, but for now they appear to stay as a single of the lead growers. Cronos Group is presenting itself with some possible as quickly as the bearish trend starts to reverse for the entire of the marketplace.
Pursuant to an agreement among an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Leafbuyer Technologies Inc., Midam is getting paid $50,000 for a period of 30 days starting November 1, 2018, and ending November 30, 2018. Midam has been paid an further $50,000 and 40,000 common restricted shares of Leafbuyer Technologies, Inc. extending the contract an additional 30 days ending December 31, 2018. Midam has been compensated an further $50,000 by Leafbuyer Technologies and has extended its period of coverage to January 31, 2019. Midam has been compensated an further $50,000 by Leafbuyer Technologies and has extended its period of coverage to March 1, 2019. Midam has been compensated an further $50,000 by Leafbuyer Technologies and has extended its period of coverage to April 1, 2019. We personal 77,000 shares of Leafbuyer Technologies. We may possibly acquire or sell further shares of (LBUY) in the open marketplace at any time, like just before, for the duration of or soon after the Web site and Info, to supply public dissemination of favorable Info about Leafbuyer Technologies Inc.