The marijuana stock market has grown substantially in the past few years. In the past few months, however, we have seen some instability overall. This volatility is something that some investors look for as it gives two potential benefits. For one, it offers a chance to potentially buy a company at bare bottom prices. The other opportunity comes as it allows for greater potential gains. It is important to keep in mind that there is a greater potential for losses as well with this heightened volatility.
Regardless, these marijuana stocks to watch are creating big waves in the ever-shifting cannabis market. With so much competition, it seems as though doing the proper research into a company is the best first step. With all of the knowledge in hand, one can make an accurate assessment about a given pot stock to watch. All in all, cannabis stocks continue to show large projections for the coming years.
A Diversified Marijuana Stock to Watch
AgraFlora Organics (AGRA Stock Report) (AGFAF Stock Report) is a growth-oriented and diversified company working out of both the international and domestic cannabis market in Canada. The company has stated that they are a joint venture partner with Propagation Service Canada for a very large 2.2 million square foot facility. In addition to this, they have their own indoor cultivation operation currently underway in London, ON.
With this, they have been able to grow large quantities of cannabis which has helped to make them a key player in the marijuana stock market. The pot stock has continuously illustrated its potential for building up shareholder value. In addition to this, AgraFlora Organics is pursuing as many opportunities in the cannabis industry as they can. For this reason, they remain a key pot stock to watch.
A Big Announcement For AgraFlora Organics
The company recently announced that they have entered into a non-binding letter of intent for the commercialization of CBD products. The agreement stands with one of the largest Canadian food retailers in the nation. This adds a layer of brick and mortar stores to AgraFlora’s reach which is a big step in the right direction.
The letter states that the former will supply the retailer with a wide variety of CBD-based products. The non-binding Letter of Intent should help the pair to move further into providing the Canadian public with proper high-quality cannabis and CBD-infused products.
A REIT Pot Stock to Consider
Innovative Industrial Properties (IIPR Stock Report) is a company that has managed to have quite a huge uptrend with the exception of the past few weeks. The company has seen some large selloffs over the course of the last week or so which has led to low prices for the profitable company.
This presents an interesting opportunity as Innovative Industrial Properties has one of the highest rates of profitability in the pot stock market. Despite this, the company has lost a large portion of its value in a short period of time. This, however, could be viewed as an opportunity as the prices seem to be lower despite future projections moving up.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Agraflora Organics International Inc. (CSE: AGRA) (OTC: PUFXF), Midam is being paid $25,000 per month by Agraflora Organics International Inc. (CSE: AGRA) (OTC: PUFXF) for 6 months during a period of coverage from May 6, 2019 to November 6, 2019. We may buy or sell additional shares of (CSE: AGRA) (OTC: PUFXF) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Agraflora Organics International Inc. (CSE: AGRA) (OTC: PUFXF).
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