(NEW YORK)–Below are a few small cap cannabis related stocks making news among traders, and the investment community.
RLBD Receives Upgrade
Real Brands, Inc. (OTCMKTS: RLBD), a portfolio of consumer-packaged goods and brands, looks to become a sort of Amazon dotcom of cannabis related consumer products with their acquisition of CBD Pharmacy. It seems CBD is becoming a more high-demand product for medicinal reasons such as CBD may help with insomnia by easing anxiety.
The Company recently announced they have signed a binding letter of intent with CBD Pharmacy, Inc. to acquire the CBD Pharmacy™ trademark plus four (4) US utility patents for the manufacturer of consumable legal cannabis and hemp products as defined by the states on a state-by-state basis. In addition RLBD has also agreed to acquire four (4) Colorado trademarks for use in legal cannabis and hemp products. Due to current events, the new medical marijuana companies and CBD pharmacies will soon have to Learn more about the Wipe Rule. This is in regards to their waste management strategies to stay within regulations that is applied to many marijuana-related businesses.
Ludlow Research, a small cap equity research firm out of New York City, recently made note of both RLBD acquisition of CBD Pharmacy, the Omega Hemp Water brand, and low market cap valuation as reason for issuing RLBD a short term valuation target of $0.10 to $0.15 per share.
GRWC Cannabis Resort Update
Grow Condos, Inc. (OTCMKTS: GRWC), a fully reporting publicly traded company specialized in cannabis branded real-estate property and turn-key grow facilities, is pleased to announce today that “Smoke on the Water” at Lake Selmac undergoes a series of modifications and culturally diverse upgrades, that the sentiment among patrons has brought growing excitement to Management this high season as the Resort continues incorporating enjoyable amenities and added value services, generating a variety of cannabis jobs in the process.
As of this past week, the Resort’s Native American culturally rich section has received delivery of its Tee-Pees, and begun development on a territorial conversion to a very tasteful and authentic Native American tribal themed area. This culturally rich sector of the park will be enhanced with Tee-Pee style accommodations, Yoga and other spiritually enhancing activities throughout the day, and astrology and celestial centered nightly events.
About Grow Condos, Inc.
Grow Condos is a fully reporting publicly traded company listed under the symbol GRWC: OTCQB It is a real estate purchaser, developer & manager of specific use industrial properties providing “condo” style turn-key grow facilities to support the cannabis industry. We own, lease, sell and manage multi-tenant properties. www.smokeonthewater.club
AMFE Announces Dividend
Amfil Technologies Inc. (OTC OTCMKTS: AMFE) is pleased to announce that it has decided to spin-off the Interloc-Kings Inc. subsidiary into a new public entity, leaving Snakes & Lattes Inc. and GROzone as subsidiaries of Amfil Technologies Inc. (AMFE), in which shareholders will be awarded with a one-time share dividend in the newly formed entity based upon their holdings of Amfil Technologies Inc.
Further details relating to the spin-off, share dividend, and future acquisition plans for the new entity will be announced as they develop.
The EcoPr03 GROzone Antimicrobial System was jointly developed between Amfil Tech and A.C.T.S. Inc. which recently rebranded its technology under Advanced Ozone Integration as an extension of the existing ozone technology being utilized in the food and beverage industry and integrated by A.C.T.S. into companies such as Pepsi, Nestle, Sysco, Sun Pacific and many others. The system is a triple-function sanitization unit capable of naturally eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators (like aphids, whiteflies and spider mites), as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals. The unit can also constantly regulate a given facility’s water supply, oxygenating the water and maintaining a consistent PPM infusion of ozone that prevents the formation of algae, bacteria or mold (allowing for comprehensive water recycling), simultaneously removing the need to use pesticides and/or dangerous, often carcinogenic products to treat production problems, as is common throughout the industry today. This environmentally-friendly solution also eliminates odors, while slightly reducing the air temperature, lowering energy consumption by the HEPA filtration and HVAC systems and could potentially allow for a facilities process to be labeled certified organic in the U.S.A. when the crop is no longer considered illegal on the federal level, otherwise “Clean Green” or “Certified Kind” in the meantime. The EcoPr03 GROzone Antimicrobial System recently passed product review by a registered USDA certifying agent for use in California as well as Pennsylvania and surrounding states. More information on this product line can be found on the www.grozone.biz