Mediswipe, known for its indoor/outdoor agricultural solutions for the medicinal marijuana industry, closed Tuesday's trading at $0.40 a share, a four-cent drop from Monday's closing at $0.44 cents. Giving investors a sigh of relief, the current price keeps it above the $0.40 mark, a place it's been since early March.
The company announced today the completion of a joint venture purchase and lease for agricultural use in Pueblo County, Colorado. According to reports, the company plans to "...sublease individual parcels of the 80 acre managed and secure agricultural facility to fully-licensed and compliant growers and dispensaries within the regulated medicinal and recreational market throughout the entire state of Colorado.."
Mediswipe was also highlighted in the Wall Street Journal for their "..commercial real estate and business strategy within the regulated medicinal marijuana and recreational market of Colorado".
Other marijuana stocks holding good position mid-day Wednesday (As of 12:40 p.m.) include:
- GreenGro Technologies, Inc.(OTCMKTS:GRNH): Currently trading at 0.520, up 0.021 (4.19%).
- Nuvilex Inc. (OTCMKTS:NVLX): Currently trading at $0.369, up 0.019 (5.43%).
- Growlife Inc. (OTCBB:PHOT): Currently trading at 0.614, up 0.012 (1.94%)