Are These Marijuana Stocks on Your List?

 
NEW YORK - Nov. 18, 2014 - PRLog -- More states have jumped on the legal marijuana band-wagon.  From coast to coast even the most conservative of US territories have push aside their opinions and focused on the benefits; mainly tax dollars.  Despite regulations preventing these companies from doing business as normal companies, ie banking, interest within the space is on the rise.  The market for marijuana stocks took a hit back in October but as the holiday season grows near, dispensaries and other cannabis related companies may be starting to find some holiday cheer.

Lexaria Corp  announced new medical marijuana and CBD (cannabidiol) policies for the Company, forward.  According to Lexaria it will not be planning to sell products with THC content greater than 0.3% to anyone under the age of 25. This was in relation to the company’s application to receive a Canadian MMPR license with its joint-venture partner Enertopia Corp.  Assuming this has a positive reaction from the capital markets, Lexaria points out that it continues to focus on social responsibility.  Since the mid-October marijuana market consolidation, LXRP shares have jumped as high as $0.086 (more than 100% above October lows).

(for more information on LXRP and related companies please visit http://investornewssource.com/market-scan/?symbol=lxrp)

Creative Edge Nutrition, Inc.  has finally begun to see a rebound in price after falling more than $0.06 since August.  Just last week the stock began its ascent and moved from a Monday open of $0.0168 to a high yesterday of $0.034.  Creative Edge’s business model is simply built around supplying the Canadian public with pharmaceutical-grade medical cannabis under the newly established Marihuana for Medical Purposes Regulations (MMPR). CEN Biotech Inc. has submitted a comprehensive application to become a licensed producer (LP) of dried marihuana for medicinal purposes and has received a ready-to-build approval from Health Canada.

(for more information on FITX and related companies please visit http://investornewssource.com/market-scan/?symbol=fitx)

W Technologies  has had a unique approach to the marijuana sector and has focused on the smokeless hemp-based nicotine delivery methods.  In an April release the Company announced that it had entered into a patent license agreement with Smokefree Innotec, Inc. granting a license to WTech for use of patents owned by Smokefree in order to market those products.  George Roth, President of Smokefree Innotec, Inc., stated, "This licensing represents the first of a number of new planned moves to put the Smokefree products into distribution, following our inability to establish a long-term relationship with Denverson and subsequent configurations under design for alternatives, e. g. hemp-based nicotine delivery." Mr. Roth added, "The launch of the licensing with W Technologies is only our first step in teaming up with businesses that will be producing its own unique branding of the basic designs patented by Smokefree."

Over the past few months, the stock has fallen from as high as $0.013 to recent lows of $0.0004.  By the look of trading and chart trends, the stock may have found a bottom but more diligence should be done to identify investment opporutnity.

(for more information on WTCG and related companies please visit http://investornewssource.com/market-scan/?symbol=wtcg)

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