The marijuana stock market place in the previous couple of weeks has observed its fair share of volatility. When this is somewhat characteristic of the business all through the previous, it appears as although these corrections are fairly standard for the wellness of the market place.
Some businesses have been capable to worry greater than other folks, which just goes to show the resilience of several elements of the space. Even though this might appear like a unfavorable for some, it really presents an chance to watch some businesses as a bargain provided the future development does not appear to be slowing down in the slightest.
Leafbuyer Technologies, Inc. (LBUY) has remained one particular of the biggest on the net platforms for every thing connected to cannabis for some time now. The firm at the moment operates by providing customers details on every thing from exactly where the nearest dispensary is, to what sort of bargains can be positioned about the individual’s city. The firm has continued to make headlines as they present a new way of what it signifies to be a cannabis firm.
Lately, they announced that they have begun operating with new blockchain technologies. The firm has stated that they program to integrate their loyalty system recognized as Leafbuyer Loyalty, which need to assistance them to in the future, full the entirety of the buying course of action of cannabis on the net.
At the moment, shoppers can set up Leafbuyer Wallets, which properly enables 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 income or get greater bargains on the merchandise that they pick to acquire.
Leafbuyer stated that they have observed as considerably as 375% development in their net visitors year-more than-year, with that quantity rising each 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 improve the expansion of our platform in all legal markets, which includes Canada.”
Leafbuyer continues to redefine what it signifies to be a conventional cannabis firm, by operating to innovate and bring new techniques of interacting with cannabis into the market place. All in all, investors need to continue to preserve a close eye on Leafbuyer for the close to future.
Cronos Group (NASDAQ:CRON) saw a excellent deal of volatility in its current pricing. Provided that they are one particular of the biggest producers of marijuana in the complete of the market place, bearish sentiment more than a week or so does not appear to be as well substantial of an situation. The firm has managed to continue upping their production of cannabis as nicely, with as considerably as 255,000 kilograms getting created per year when operating at complete capacity.
The firm has far more plans to develop their present facilities in the close to future, but for now they appear to stay as one particular of the lead growers. Cronos Group is presenting itself with some possible as quickly as the bearish trend starts to reverse for the complete of the market place.
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 yet another 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 might acquire or sell further shares of (LBUY) in the open market place at any time, which includes prior to, for the duration of or right after the Site and Info, to offer public dissemination of favorable Info about Leafbuyer Technologies Inc.