Last year, analysts feared the legalization of recreational marijuana in Canada as well as in big states like California might depress cannabis stock prices.
The theory was the explosion in the number of companies entering the legal cannabis market might lead to a decrease in product prices – and a decrease in profits and share values as well.
Late last year, this seemed plausible. Share prices for the big industrial producers, like Aphria and Aurora Cannabis, fell sharply2 in the fourth quarter.
But now it appears analysts who gave up on cannabis stocks were premature.
The exploding demand for legal cannabis and CBD products in 2019 has far outstripped supply, creating a renewed bull market in cannabis stocks.
As The Wall Street Journal put it in April 2019, “Shares of marijuana companies have been on a tear this year, a sign that the cannabis craze isn’t letting up.” 3
There’s no doubt the big, established players are seeing sizable gains once again.
But the biggest profits could be elsewhere.
Investors are looking to a new generation of cannabis infrastructure stocks – so-called “pick and shovel” plays – for the triple-digit gains of the past.
Leafbuyer Technologies Poised to
Dominate Online Cannabis Market
One example is Leafbuyer Technologies (LBUY). This company is poised to dominate the new and rapidly growing online cannabis market.
The company recently released a mobile app allowing cannabis consumers to locate dispensaries and deals in their areas – and even place orders for pick up or delivery.
That’s one reason why NBC has called LBUY a “game-changer” — and why The Street has nicknamed the company “The Priceline of Pot.”
“The addition of this new technology will allow us to monetize our consumer base through a fee generated from each transaction,” said Kurt Rossner, CEO of Leafbuyer. “We’ll be able to penetrate thousands of new dispensaries and delivery companies in legal markets by offering this delivery solution. Leafbuyer will not physically deliver the products, rather we will hand off the ‘last mile’ to our delivery and dispensary partners.” 7
First launched in Colorado in 2013, LBUY recently opened a west coast sales office in California, thus positioned at the epicenters of America’s legal marijuana industry.
It’s also expanding into all 30 states where recreational or medical cannabis is legal, including Florida, Nevada, Massachusetts, Maryland, and Oklahoma.
LBUY could turn out to be one of the biggest cannabis plays of 2019 – a company that could deliver triple-digit gains on an annual basis for years to come.
Leafbuyer shares have already gained 128%8 so far in 2019 alone — and it’s just getting started.
There are still a number of new developments that could set small cannabis stocks like LBUY on fire throughout 2019 and into 2020.
Legal Cannabis Market Projected
to Reach $23 Billion by 2025
For one thing, the market for legal cannabis in North America continues to expand at an accelerating pace in 2019.
Ten9 states, Washington, DC, Canada and many other countries have now all legalized marijuana for recreational use for adults over 21.
In addition, 33 states have legalized medical marijuana and created a new market for non-intoxicating CBD, or cannabidiol, the active ingredient in many cannabis-infused products.
This has led to skyrocketing sales.
According to ArcView research, the total market for legal cannabis products will nearly DOUBLE in the next 6 years, from $12.4 billion in 2019 to $23 billion by 2025.10
That means Leafbuyer Technologies (LBUY) just happens to be in the right place at the right time.
A cross between a tech enterprise and a cannabis company, LBUY uses its website and sophisticated new mobile phone app to help buyers locate the most affordable dispensaries and cannabis products in a given area.
Remember what Priceline.com did for the global travel industry?
Well, that’s what LBUY could soon do for the thriving legal marijuana industry: become a central clearinghouse for legal marijuana products.
In other words, rather than competing with growers and dispensaries, Leafbuyer works with them to bring customers to their doors.
And this unique position in the exploding cannabis industry is just one of several developments that could send this upstart cannabis stock soaring in 2019.
Cannabis “Pick and Shovel” Stocks
You know the old story about the California Gold Rush of 1849: the people who got rich were the ones who sold picks and shovels to the miners.
In fact, California’s first millionaire was Samuel Brannan, an ex-Mormon who hyped the Gold Rush in his newspaper, The California Star.
He then profited from the Gold Rush by supplying miners with industry essentials—at extravagant prices—through his general stores in San Francisco and Sacramento.
For a time, Brannan’s sales topped $5,000 a day. That’s the equivalent of $125,000 in today’s dollars.
Well, the same is true of cannabis stocks – and that’s another reason why small cannabis plays like LBUY may be poised for explosive growth this year.
The big growers and producers have seen impressive gains over the past two years. Stocks like Canopy Growth (CGC), Aurora Cannabis (ACB) and Tilray (TLRY) have doubled or nearly doubled in value since early 2018.
But cannabis infrastructure and distribution stocks, like the entrepreneurs who sold picks and shovels to gold miners, have done even better!
Origin House (ORHOF), based in Canada and formerly known as CannaRoyalty, is the largest cannabis distributor in California. It’s seen its stock vault from $3.29 a share in July 2018 to $9.41 at time of writing – an impressive 186% gain.
Kush Bottles (KSHB) – which manufactures the bottles and other packaging used by the cannabis industry – has gone from $1.82 a share to $5.36, a 192% gain.
And Village Farms International (VFF), a British Columbia greenhouse company now selling to the cannabis industry, has seen its shares skyrocket from $3.24 last New Year’s Eve to $12 in mid-2019 – a massive gain of 270% in just months.
That sounds impressive… yet LBUY has the potential to do even better.
LBUY has become the definitive online resource for finding legal cannabis deals and specials.
The company’s website, Leafbuyer.com, helps connect millions of consumers with dispensaries and suppliers all across the USA. Industry observers are impressed.
Leafbuyer Technologies, Inc. (LBUY) in the Media
Mar 4, 2019 – Martha Stewart Joins the Cannabis Craze
Jun 20, 2018 – Tech Startup: The Priceline of Pot
Bloomberg calls LBUY “an online cannabis deals database that’s sort of a cross between Groupon and Yelp for marijuana users, growers and sellers.” 12
In fact, the founders behind LBUY are business and technology industry veterans.
They foresaw that as cannabis products enter the mainstream, individual businesses—from growers and wholesalers to retailers and accessory products—need to find channels to set themselves apart from the competition and connect with a rapidly growing customer base.
That’s why cannabis consumers are flocking to Leafbuyer.com and its new mobile app to find their favorite cannabis products at the best prices—everything from flower to concentrates, edibles, topicals, grow supplies, and more.
LBUY has already grown into the largest cannabis deals network in the entire country, with access to over 10 million monthly users!
It’s also the official cannabis deals platform of Grass City, dope, TheStranger.com and WestWord.com.
The company is working with partners in each state, and it plans to launch nationwide marketing initiatives in the coming months.
The LBUY platform is based on a recurring subscription model for dispensaries and vendors. Dispensaries sign up for subscriptions that typically run $300 to $1,500 a month13 depending on the area and city.
As it opens new markets, LBUY anticipates it will scale operations as it offers an ever-growing selection of cannabis deals to more and more consumers.
“We have witnessed a strong demand for our online platform stemming from Colorado,” said Andre Leonard, Marketing Manager of Leafbuyer.com. “With the success we have had in the hub of the cannabis gold rush, it was an easy decision that our next step would be to scale operations nationally to these new markets.”
Obviously, the company’s growth rate will accelerate as it expands into 30 new markets.
Assuming LBUY can duplicate its proven business model in each state, it’s easy to see how this up and coming company could quickly become one of the marijuana industry’s biggest and most influential players.
In fact, the company’s current market plans forecast tremendous growth through new markets and acquisitions.
The Potential for Pioneers in This
Niche is Enormous
Like everything else in tech, the pioneering online companies that stake their claims first and embrace innovation usually stand to make the biggest gains.
Leafbuyer Technologies is that company!
What’s more, today investors kick themselves for missing the ground-floor investments of similar visionary online shopping companies – whether it’s shopping sites like Groupon and Priceline or delivery companies like Amazon and eBay.
For example, early investors in the online shopping app Priceline were able to buy shares for as low as $1.32 per share15.
Early-bird investors in Priceline could have turned every $5,000 invested into a staggering $7.2 million.
And what Priceline did for the global travel industry, LBUY has the potential to do for the legal marijuana industry!
Millions of marijuana users across America could rely on Leafbuyer.com (OTC: LBUY) to get connected to the best deals at dispensaries in their local areas.
Plus, a variety of businesses using the company’s website are already thriving, and they’re watching their sales increase exponentially.
Even if LBUY achieves only a fraction of Groupon’s sales, it could end up being one of the best investments of 2019.
When you consider how big the legal marijuana market is projected to grow in the coming months and years, it’s easy to see how LBUY is on its way to becoming the number one picks and shovels play for the green gold rush!
Cannabis Stocks Could
Crush It Again in 2019
There is every indication that cannabis stocks will continue to be one of the hottest investment trends of the year.
Widespread acceptance of marijuana has become a huge part of pop culture with celebrities like Morgan Freeman, Patrick Stewart, Snoop Dogg, and Rihanna to name a few, being openly candid about their love affair with weed.
On top of that, a recent CBS News poll from 2017 shows that support for legalizing marijuana is higher now than ever.
The poll concluded that a whopping 61% of Americans think cannabis should be legalized.
And a staggering 88% of Americans are openly in favor of marijuana use for medical or recreational purposes. That’s almost 9 out of 10 adults!
As more and more states legalize marijuana, more and more marijuana users will use Leafbuyer.com to find the best deals! (OTCQB: LBUY).
What’s more, cannabis stocks are taking off again in 2019.
Below are the 2019 YTD returns of some of the players, big and small, in the cannabis industry (all figures as of 5/1/19):
Canopy Growth ( CGC), Up 97.3%18
Cronos Group (CRON), Up 63.7%19
Canopy Rivers (CNPOF), Up 35.5%20
Village Farms International (VFF), Up 270.6%21
Supreme Cannabis Company (FIRE.TO), Up 51.5%22
OrganiGram Holdings ( OGRMF), Up 103%23
Hexo (HEXO), Up 141.3%24
Aphria (APHA), Up 29.8%25
CannTrust Holdings (CTST), Up 49.3%26
And while many of these stocks look maxed out, LBUY is just getting warmed up.
It’s already more than DOUBLED27 investors’ money so far in 2019 alone.
And with the nationwide expansion of legalized Marijuana, Leafbuyer is perfectly poised to totally dominate the online sales and delivery market.
If you like the idea of combining the potential of online tech stocks like Priceline and Groupon with today’s red-hot cannabis plays, then check out LBUY.
- From $0.45 per share on December 31, 2018, to $1.03 per share on April 30, 2019, per Barchart.com. All prices closing prices. This is a gain of 128.8% per the trusty online calculator, https://percentagecalculator.net/
- From $10.39 per share on 12.31.18 to $17.01 per share on 4/30/19 – a gain of 63.7% per
- From $26.87 per share on 12/31/18 to $53.03 per share on 4/30/19. Prices per Barchart.com
- From $ 3.56 per share on 12/31/18 to $7.23 per share on 4/30/19
- From $0.45 per share on December 31, 2018, to $1.03 per share on April 30, 2019, per Barchart.com. All prices
closing prices. This is a gain of 128.8% per the trusty online calculator, https://percentagecalculator.net/
- Closing price in February 2003, per Barchart.com
- Closing price on May 1, 2019, was $1,905.64, per barchart.com
- 144218.1%, per https://percentagecalculator.net/
- From $26.87 per share on 12/31/18 to $53.03 per share on 4/30/19. Prices per Barchart.com
- From $10.39 per share on 12.31.18 to $17.01 per share on 4/30/19.
- From $ 2.28 per share on 12/31/18 to $3.09 per share on 4/30/19
- From $3.24 per share on 12/31/18 to $12.01 per share on 4/30/19.
- From $ 1.32 per share on 12/31/18 to $2.00 per share on 4/30/19
- From $ 3.56 per share on 12/31/18 to $7.23 per share on 4/30/19
- From $ 3.43 per share on 12/31/18 to $8.28 per share on 4/30/19
- From $ 5.69 per share on 12/31/18 to $7.39 per share on 4/30/19
- From $ 4.82 per share on 12/31/18 to $7.20 per share on 4/30/19
- From $ 0.45 per share on 12/31/18 to $1.03 per share on 4/30/19
Disclaimer: This release/advertorial (“Advertorial”) is a paid commercial advertisement and is for general information purposes only. Ian Cooper (“Endorser”) makes no recommendation that the securities of the companies profiled or discussed on this website should be purchased, sold or held by readers that learn of the profiled companies through our website. This Advertorial was paid for by Leafbuyer Technologies, Inc indirectly through a third party in an effort to enhance public awareness of Leafbuyer Technologies, Inc and its securities. Endorser has received $2,500 USD in cash and may receive an additional $2,500 after 30 days in connection with this effort. Endorser does not currently hold the securities of Leafbuyer Technologies, Inc and does not currently intend to purchase such securities. Endorser is responsible for and has ultimate authority over the Advertorial and contents of the statements contained in this Advertorial. This Advertorial is based exclusively on information generally available to the public and does not contain any material, non-public information. Endorser does not warrant the accuracy of such information. Certain statements contained in this Advertorial may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Forward-looking statements often include words such as “believes,” “anticipates,” “estimates,” “expects,” “projects,” “intends,” or other similar expressions of future performance or conduct. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made and are not statements of historical fact. They involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. There is no guarantee that past performance will be indicative of future results. Differences in results can be caused by various factors including, but not limited to, Leafbuyer Technologies, Inc.’s ability to successfully complete funding plans, effectively implement its business plan or strategies, or changes in market conditions or government regulations. Endorser undertakes no obligation to update forward-looking statements in light of new information or future events. Readers can review all public SEC filings made by the featured company at https://www.sec.gov/edgar/searchedgar/companysearch.html. Endorser is not licensed in the securities industry in any manner. Please review all investment decisions with a licensed investment advisor.
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