&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-41678759&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/41678759/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; A farmer holds carrots at Wards Berry Farm in Sharon, Massachusetts, U.S. Those involved in the food industry are beginning to see how blockchain technology has the potential to build consumer trust in the supply chain. Photographer: Adam Glanzman/Bloomberg
&l;span style=&q;font-weight: 400;&q;&g;Trust is a fragile thing. Break it even once, and people will never forget.&l;/span&g;
&l;span style=&q;font-weight: 400;&q;&g;In the food industry, trust is dwindling.&l;/span&g;
&l;span style=&q;font-weight: 400;&q;&g;Just look to Chipotle. After a major&l;/span&g;&l;a href=&q;https://www.cnn.com/2015/11/01/health/chipotle-closings-e-coli-scare/index.html&q; target=&q;_blank&q;&g; &l;span style=&q;font-weight: 400;&q;&g;E. coli breakout&l;/span&g;&l;/a&g;&l;span style=&q;font-weight: 400;&q;&g; in late 2015, the company&a;rsquo;s profits dropped &l;/span&g;&l;a href=&q;https://www.nytimes.com/2016/02/03/business/chipotle-food-safety-illness-investigation-earnings.html&q; target=&q;_blank&q;&g;&l;span style=&q;font-weight: 400;&q;&g;44%&l;/span&g;&l;/a&g;&l;span style=&q;font-weight: 400;&q;&g; compared with the same quarter the previous year. It has since given out &l;/span&g;&l;a href=&q;http://fortune.com/2016/03/16/chipotle-burritos-giveaway/&q; target=&q;_blank&q;&g;&l;span style=&q;font-weight: 400;&q;&g;millions of coupons&l;/span&g;&l;/a&g;&l;span style=&q;font-weight: 400;&q;&g; to lure customers back with free food, but the company still hasn&a;rsquo;t fully restored &l;/span&g;&l;a href=&q;http://time.com/money/4938420/people-are-still-avoiding-chipotle-heres-why/&q; target=&q;_blank&q;&g;&l;span style=&q;font-weight: 400;&q;&g;customer trust&l;/span&g;&l;/a&g;&l;span style=&q;font-weight: 400;&q;&g;.&l;/span&g;
Best Tech Stocks To Watch Right Now: Aphria Inc. (APHQF)
Advisors’ Opinion:
- [By Javier Hasse]
Here are some of the top marijuana stocks in U.S. exchanges and how the performed this week:
22nd Century Group Inc (NYSE: XXII): down 2 percent
Aphria Inc (OTC: APHQF): down 7 percent
Aurora Cannabis Inc (OTC: ACBFF): down 1.3 percent
Cannabis Sativa Inc (OTC: CBDS): up 2 percent
CannTrust Holdings Inc (OTC: CNTTF): down 0.25 percent
Canopy Growth Corp (OTC: TWMJF): up 0.5 percent
Cronos Group Inc. (NASDAQ: CRON): up 3.2 percent
GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH): up 7 percent
Hiku Brands Company Ltd(OTC: DJACF): down 12 percent
India Globalization Capital, Inc. (NYSE: IGC): up 3 percent
MassRoots Inc (OTC: MSRT): down 1.9 percent
MedReleaf Corp(OTC: MEDFF): up 0.75 percent
Scotts Miracle-Gro Co (NYSE: SMG): down 0.5 percent
THC Biomed Intl Ltd (OTC: THCBF): down 7 percent
Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE): up 2.1 percent
In The News
Public relations and investor relations firm KCSA Strategic Communications acquired cannabis-focused PR firm Salar Media Group. Salar Media Group’s founder and CEO Cynthia Salarizadeh will join KCSA as a managing partner and said, “As the cannabis industry continues to evolve, we continue to see every aspect of it mature. In order to bring federal legalization into the end zone, it will require strategic communications and a lot of investment.
- [By Sean Williams]
The next-largest cannabis producer is Aphria (NASDAQOTH:APHQF), which is expected to deliver 230,000 kilograms of fully funded capacity, per company estimates. Aphria One is a four-phase, more than $100 million project that should yield 100,000 kilograms of annual production. Meanwhile, Aphria Diamond is a partnered project with Double Diamond Farms capable of yielding 120,000 kilograms a year. The remainder is expected to come from Aphria’s acquisition of Broken Coast Cannabis.
- [By ]
There are several other fairly prominent medical marijuana in Canada as well you may wish to look into, like Med ReLeaf (MEDFF) and Aphria (APHQF) .
- [By ]
Along with its major peers Canopy Growth (OTCPK:TWMJF) and Aphria (OTCQB:APHQF), it’s been underperforming so far in 2018, although that is probably going to change as legalization of recreational cannabis in Canada approaches. Whether or not that holds in the short term will be determined by supply and demand factors.
Best Tech Stocks To Watch Right Now: Mercantile Bank Corporation(MBWM)
Advisors’ Opinion:
- [By Stephan Byrd]
Shares of Mercantile Bank Co. (NASDAQ:MBWM) have been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $36.33.
Best Tech Stocks To Watch Right Now: Horizon Technology Finance Corporation(HRZN)
Advisors’ Opinion:
- [By Logan Wallace]
Compass Horizon Funding Co. (NASDAQ:HRZN) Director Elaine A. Sarsynski acquired 3,000 shares of the business’s stock in a transaction dated Monday, May 7th. The stock was purchased at an average cost of $10.00 per share, for a total transaction of $30,000.00. Following the completion of the acquisition, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $50,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
