Mergers and acquisitions have become an industry wide buzz that will continue to propel demand and prices for marijuana stocks in 2017. Operators in the booming legal weed market this week include: Verde Science (VRCI), Agritek Holdings (OTCBB: AGTK), Vape Holdings (OTCBB: VAPE), Pazoo (OTCBB: PZOO) and Zoned Properties (OTCBB: ZDPY).
Verde Science, Inc. (OTCBB: VRCI), a pharmaceutical research and development company, focuses on developing a portfolio of cannabinoid based prescription medicines for various medical conditions. Verde Science has assembled an impressive team of scientists from highly technical disciplines. An initial focus is on developing custom medicinal formulations from cannabinoids and THC compounds for the treatment of specific issues such as migraines, glaucoma, loss of appetite from cancer therapies, and numerous other medical issues.
Verde Science has a 3 year stock price high of $45 seen during the week of January 20, 2014. Verde Science currently trades for 1 cent per share (as of this writing). A true penny stock.
Serving another segment of the rapidly growing multi-billion dollar legal marijuana industry:
Agritek Holdings, Inc. (OTCBB: AGTK) offers various products and services to the medicinal marijuana sector in the United States. It distributes hemp-based nutritional products; and provides solutions for electronically processing merchant transactions. The company is also involved in the acquisition and leasing of real estate properties, such as cultivation space and related facilities to licensed marijuana growers and dispensary owners. In addition, Agritek offers consulting services, cultivation, logistical support, facility design, and building services to the cannabis industry.
Agritek Holdings has a 3 year stock price high of $0.53 seen during the week of March 17, 2014. Agritek Holdings currently trades for just shy of 3 cents per share.
In other pot industry news:
Vape Holdings, Inc. (OTCBB: VAPE), engages in designing, marketing, and distributing ceramic vaporization products. The company offers blended ceramic vaporization element for torched, electronic, and portable vaporizers under HIVE brand. It provides a nonporous, non-corrosive, chemically inert medical-grade ceramic vaporization element, which can be used for a range of applications, including stand-alone vaporization products and electronic cigarettes. Vape Holdings, Inc. is based in Chatsworth, California.
Vape Holdings has a 3 year stock price high of $37 seen during the week of March 17, 2014. Vape Holdings currently trades for just under 2 cents per share.
Pazoo (OTCBB: PZOO) offers pharmaceutical testing laboratory services to the medical cannabis industry; and marketing and sales agent services for the distribution of non-controlled hemp products. Provides growing facilities, infusion companies and dispensaries with supplies, equipment and consumer products. Pazoo’s lab operation has an exclusive, long-term, contractual agreement with Steep Hill Labs, the global leader in cannabis testing and analytics. It features the right of first refusal to use Steep Hill’s proprietary methodology in all states.
Pazoo has a 3 year stock price high of $6.50 seen during the week of May 18, 2014. Pazoo currently trades for under 1 cent per share. Pazoo is a sub-penny stock as of this writing.
Zoned Properties, Inc. (NYSE: ZDPY), a real estate company, engages in operating, leasing, and managing commercial properties. The company also holds properties that have licensed medical marijuana operators signed to lease agreements; and provides property management services, such as architectural design and subsequent build-outs, general support, landscaping, general up-keep, and security systems for its properties, as well as project development services.
Zoned Properties has a 3 year stock price high of $3,372 seen during the week of March 3, 2014. Zoned Properties currently trades hands for around $2.50 per share.
MJ Index tracks 20 U.S. based marijuana stocks ranging from microcap to large cap: http://www.allmarijuanastocks.com
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