Lesser Known But UpComing Marijuana Stocks

When investors think of cannabinoid or marijuana stocks, they either think of better known stocks likeGW Pharmaceuticals PLC (NASDAQ: GWPH)and Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) that trade on bigger exchanges orCannabis Science Inc (OTCMKTS: CBIS) and Medical Marijuana Inc (OTCMKTS: MJNA) that are stilllisted on the OTC. However, there are other more indirect ways to invest in growing cannabinoid or marijuana acceptance.

Small cap Lexaria Bioscience Corp (OTCQB: LXRP)is a food sciences company focused on the delivery of active compounds that can behave as superfoods through its proprietary infusion technologies.This technology enables higher bioavailability rates for CBD, THC, NSAIDs, Nicotine and other molecules than is possible without lipophilic enhancement technology allowing for lower overall dosing requirements and/or higher effectiveness in active molecule delivery.The Companyhopes to reduce other common, but less healthy ingestion methods such as smoking as it embraces the benefits of public health.

At the end of November, Lexaria Bioscience Corp announced a deal with Hempco Food and Fiber (OTCMKTS: HMPPF; TSXV: HEMP) for the licensing of its proprietary absorption and palatability enhancing technology from the former to the latter.Bothhave begunlab tests and formulations to evaluate proprietary methods of applyingthe newly-patented technology for Hempcos needs and demands.

In addition, Lexaria Bioscience Corp and small cap nutraceutical stock NeutrisSci International(OTCMKTS: NRXCF; CVE: NU) also signed aMemorandum of Understandingto forma 50/50 Joint Venture to develop, produce and sell a line of healthy edible cannabinoid products using the formers technology and the lattersproprietary pterostilbene tablet formula and international distribution network.

Small cap Radient Technologies (CVE: RTI) is focused on extracting, isolating and purifying food/nutraceutical ingredients (colourings, flavourings, preservatives etc) and pharmaceutical raw materials from its20,000 square foot manufacturing plant in Edmonton, Alberta. The Companyworks with global brands across a range of industries (including Food and Beverage, Nutrition and Supplements, Pharmaceuticals, Personal Care and Cosmetics and Biofuel) andengageswithits clients in three distinct phases:

Feasibility – Demonstrate proof of-concept to client defined specifications. Scale-Up – Demonstrate scalability and optimization via larger-scale testing. Phase Three Turnkey – Radient Technologies provides customers with the equipment, training, support, and technology license to produce materials independently. Supply AgreementRadient Technologiesproduces materials for customers within Radients facilities.

Radient Technologies technology has a distinct advantage in theCannabinoids industry which requires various standardized extracts at high purity level and derived from specific strains that can be smoked, vaporized, ingested, or topically applied. The Company has already applied to become a commercial licensed producer of medical cannabis oil pursuant to Health Canadas Access to Cannabis for Medical Purposes Regulations (ACMPR). The Company is alsointerested in partnering with researchers, growers and companies having complementary skills to establish itself as a North America leader in the development of standardized cannabinoid extracts from both marijuana and hemp.

Small cap Namaste Technologies (OTCMKTS: NXTTF; CNSX: N) is a global leader in vaporizer product distribution and manufacturing as itowns and operates over 30 online retail sites in 20+ countries and is on pace to become the largest e-commerce distributor of vaporizers and accessories globally. The Company is also active in the business of product development and manufacturing. This business segmentwould bebranded as Grizzly Originals, manufacturer of The Guru vaporizer, an enhanced vaporizer capable of seamlessly vaporizing liquids, concentrates and dry herbs from a single portable unit. The Company is managed by a group of industry experts focused on continued global expansion and providing the best products and service available.

In early November,Namaste Technologieshadannounced new agreements with manufacturers of indoor growing equipment to complement the existing portfolio of vaporizers, pipes, papers and other accessories. The Companyentered into agreements with Gorilla Grow Tent Inc, SuperCloset Inc and Kind LED Grow Lights, all leading manufacturers of the most advanced growing equipment available on the market. Namaste will initially market each of the manufacturers’ products in the US and Canada, and will receive wholesale rates on product sales. It is anticipated after the initial launch, Namaste Technologies will launch each of these brands into the twenty international marketsthe Companycurrently serves withthe new product portfolio representing a further monetization ofa customer list of approximately 250,000 names. The CEO noted:

“The markets for our current and new products are expanding considerably. With the acquisition of VaporSeller and URT1, we have given ourselves a substantial position in the US market which now represents 74% of our customer base. We view the upcoming election in the US as a key catalyst for our company and will continue to focus our efforts on expanding our brands in the US, which is the largest market for our products globally.”

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