While the industry is booming, there are many who are still undecided which cannabis companies are worth investing in. Here are three companies that are currently performing well and have the potential, not just to grow ,but even take the lead this year — what to learn from them in terms of company growth.
HempAmericana, Inc. (OTCMKTS:HMPQ) owns the largest CBD oil extraction machine in the market today. This reason alone should make everyone upbeat about the company’s potentials. According to Market Insider, the arrival of Vitalis R-200 high-capacity supercritical CO2 CBD Oil Extraction machine could prove to be a game-changer for HempAmericana.
HMPQ is involved in hemp products such as CBD oils and high-quality rolling papers. With the new machine, it can catapult the company in the top tier of cannabis firms. In recent news, it revealed that the machine is now ready for full-time operations in its processing facility in Augusta, Maine, Yahoo! Finance reported.
CEO Salvador Rosillo could not hide his excitement over the development. “This is the moment we have been so eagerly awaiting for the past year. The Vitalis commissioning team was beyond exceptional in terms of performance and professionalism. With this machine now installed and operational, we are finally open for business here in Augusta!” he explains in the said article.
PotNetwork Holdings, Inc. (OTCMKTS:POTN) is leading the cannabis industry thanks largely to its subsidiary, Diamond CBD. Diamond CBD has registered record revenues in just the first quarter this year, thanks to its massive online sales of CBD products. In February, the company made over $500,000 in website-generated orders alone. This surge in popularity in CBD oils is due to improving regulations, fading misconceptions, and medical benefits.
Diamond CBD’s website underwent a facelift to make it easier for users and visitors to navigate the site. It also features third-party lab results, certifying that CBD products such as oils, vapes, creams and pet food are all safe to consume.
Following to its massive success in the cannabis industry, POTN has ventured into another lucrative sector, the cryptos, with the launching of its wholly owned subsidiary Blockchain Crypto Technology Corp.
With experts predicting that cryptos and blockchain technology market could be valued as much as $10 trillion in the next 15 years, the opportunity to expand and grow is just too good to pass up for CEO Richard Goulding.
“We have decided to diversify our investments by entering this rapid growth market. Although the Average Daily damage Volatility of the 3 companies mentioned in the Forbes article above, ([email protected] 10.25%; [email protected] 12.62%; and [email protected] 16.75) are much higher and therefore less stable/predictable than gold (@0.7%); or APPLE (@1.37%), we feel that after looking at the numbers, this is an arena we just couldn’t ignore,” he added.
Medical Marijuana, Inc. (OTCMKTS:MJNA) has positioned itself at the forefront of medical cannabis sector with its product Real Scientific Hemp Oil™ (RSHO™), which is now available in Brazil and being subsidized in Latin America, Mexico, and Paraguay.
The company is known as the first ever publicly traded cannabis company in the U.S. With industry growth projection reaching $1.8 billion by 2020, companies are scrambling to find their niche in the sector, and it seems that MJNA has already established its ground because it has already grown by as much as 300 percent in 2017 compared to two years ago. CEO Dr. Stuart Titus revealed they have no plans of slowing down anytime soon.
Having recognized as one of the top three hemp producers of 2018 from MMJ Reporter, MJNA plans to continue pushing boundaries with new products to be launched this year via its Kannaway®, HempMeds® and Phyto Animal Health subsidiaries.
HempAmericana, POTN and Medical Marijuana, Inc. are solid picks for investments this year due to their high-quality products, good track record, strong financial performance, future plans and expansions and state-of-the-art facilities. In an unregulated industry such as cannabis, it is crucial to trust those who have reputation, transparency and good leadership on board.