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Cannabis Stocks Worth Paying Attention To

Date: Sunday, August 18, 2019 11:07 PM EST

Cannabis Stocks Worth Paying Attention To

Within the emerging world of cannabis, many companies are making intense efforts to become leaders in their respective domains. With that in mind, the companies discussed below are some I believe to be worth considering.

Hexo Corp (HEXO): Listing On The NYSE Can Be Big! 

As of the past few months, Hexo has been shunned due to the fact that their share price is down 48% from all time highs, however, not all is to be pessimistic, as there are positive perspectives to consider.

First, the company has built strategic partnerships with world-renowned brands such as beverage makers like TAP, with ambitions of being able to launch cannabis/CBD-infused drinks. The prospects of such have been seen as a lucrative opportunity, considering the growing interest in derivative products.

Secondly, Hexo has been making headwinds in regards to scaling production, evidenced by their recent moves to build facilities in Greece and their acquisition of New Brand. Both efforts are significant in the fact that the ability to match supply with growing demand is a crucial part of success.

Thirdly, the company has shown it’s desire for longevity as it has planned to list on the New York Stock Exchange – an impressive feat considering the fact that very few companies in this domain have been listed on such.

All things considered, Hexo is a company that has many reasons to be optimistic despite being down almost 50% from all time highs. As they continue to grow and expand, this is one stock worth paying attention to.

Vapen MJ Ventures Corp (VAPNF): Diverse Range Of Products and Just Quoted on OTCQX

Vapen MJ Ventures operates an agricultural technology, services and property management company utilizing a full vertical integration business model to oversee and execute all aspects of cultivation, extraction, manufacturing (THC and CBD cartridges, concentrates, edibles), retail dispensary, and wholesale distribution of high margin Cannabis THC and Hemp CBD products under the Vapen Brand. 

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