Cannabis Market Expanding Three Stocks To Watch
Cannabis Market Expanding Three Stocks To Watch

3 Stocks To Benefit From Expanding Cannabis Industry

U.S. cannabis sales are expected to continue seeing exponential growth throughout the next decade, as more states legalize recreational use. According to a report from Hexa Research, the U.S. medical cannabis market size was valued at $5.44 billion in 2016 and is expected to be worth just short of $20 billion by 2024. However, these figures only take into consideration the 28 states that allow cannabis use for medical purposes. Considering the massive success and sales growth of legal cannabis that has been seen in Colorado and Washington, the combined medical and legal cannabis industry market value could be even more massive.

In 2018, California, Maine, and Massachusetts will all begin legal sales of cannabis. This means that by the end of next year, about 20% of Americans will be living in a state where is it legal to consume cannabis for recreational purposes. According to Bloomberg, the addition of these three states could “triple the size of the legal pot market.”

As Americans continue to see growing demand for medical and recreational cannabis, here are three stocks that could benefit from the industry’s surge:

Bayport International Holdings, Inc. (OTC Pink: BAYP): The cannabis technology company finalized a major strategic partnership with GreenLink Financial LLC, a specialty financial services provider that works within highly-regulated banking businesses. Through the strategic partnership, GreenLink Financial will provide its full suite of financial products to Bayport International’s clients. The financial services will be seamlessly integrated into Bayport International’s platform ecosystem. This will allow Bayport’s clients to have access to FinCEN-registered banking services, electronic payment & processing, and specialty lending.

Bayport International Holdings, Inc. also recently announced it is working on a new platform initiative to complement its current asset, Management continues to focus on diversifying throughout other areas of the cannabis technology industry in order to create economies of scale and “cross selling” opportunities between its businesses.

“The Cannabis industry is in ‘Land Grab’ phase,” details Bayport CEO, Clay Franks. “There are thousands of market participants that are entering the business and learning the ropes — and willing to try anything and everything that helps them grow their business and become more efficient. The more Bayport can do to help these entrepreneurs execute, the more valuable and profitable we will become.”

Overall, Bayport International Holdings, Inc. is an emerging powerhouse within the cannabis technology industry. The company has successfully built the Weedwiser platform, which will continue to receive development upgrades and content. Now that Bayport International Holdings, Inc. has a playbook on successfully creating and launching a cannabis tech platform, the company can continue building its profitable ecosystem.

Sunset Island Group, Inc. (OTCQB: SIGO): The medical cannabis cultivator has made news in recent months for acquiring and building processing centers that will allow the company to expand its production. Sunset Island Group, Inc. maintains a 22,000 square foot facility that has 10,000 square feet of grow space. Furthermore, the company announced it is finalizing its acquisition of an additional 32,000 square feet of grow space. This is all part of management’s phase one expansion goal to reach 152,000 square feet of cannabis grow space.

Sunset Island Group, Inc. recently expanded its product line to include “Pre-Rolls,” which are essentially cannabis cigarettes. Management notes that Pre-Rolls are not only one of the most profitable products sold in dispensaries, but they are also very popular with consumers.

Cannabix Technologies, Inc. (OTC Pink: BLOZF) (CSE: BLO): As legal cannabis sales are predicted to surge, governments are scrambling to prepare for the new potential dangers and issues that could come from greater access to marijuana. Cannabix Technologies, Inc. is working on a solution: cannabis breathalyzer.

In addition the company recently filed a patent for a cannabis ignition interlock device, similar to what is used for people that have been convicted of DUI.

The need to keep the roads safe will be a major priority as more states legalize recreational cannabis. According to a Colorado Department of Transportation survey, 56% of cannabis consumers drove within two hours of consuming the substance. Furthermore, the survey found that consumers driving 11 or more days in a month within hours of ingesting cannabis jumped from 10% in 2014 to 21% in 2016.


Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.

All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated five hundred dollars cash and six hundred dollars worth of restricted shares by Bayport International Holdings, Inc. for the creation and dissemination of this content.

This material does not represent an investment solicitation. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.

The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings.  Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.

Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on disclosures, please visit:

The following two tabs change content below.

Matt Rego

Matt is the Founder and CEO of Spotlight Growth, a full service investor relations and awareness service provider. Prior to launching Spotlight Growth, Matt worked six years within the investor relations industry, most recently serving as Vice President of Sales and Marketing at Global Discovery Group, Inc. In addition, Matt has been a financial writer and analyst since 2010 and investing in the stock market since 2007. Articles and content have appeared on well-known financial websites, such as: Investopedia, Google Finance, Yahoo Finance, ValueWalk, Minyanville, Seeking Alpha, CBS MoneyWatch, Investment Underground, Emerging Growth, Blasting News, GenYWealth, and more. In addition, Matt has received an honorable mention in Barrons’ and the New York Post. Matt graduated from the University of Minnesota with a Bachelor’s Degree in Finance.