MarketNewsUpdates.com News Commentary

For years, Ecuador was a difficult place for mining companies to operate, with restrictive regulations and a government stonewalling new investments...until now. The country is making a major effort to improve investment in the region, and some very promising deposits are finally being explored and mined. The situation is akin to marijuana legalization in the West, where previously closed countries like Canada and the U.S. have opened up to this emerging industry. Pot stocks have boomed as a result, and Ecuadorian miners could see a similar dynamic. Lucky Minerals (LJ) is an undiscovered junior in the region with a promising concession near one of the biggest mineral finds of the last twenty years. That deposit, the Fruta Del Norte mine, was valued at $1.2 billion in an acquisition. Lucky Minerals is beginning exploration work, and it could be set to rise as the results materialize this summer. A similar company in the area is already worth 6X as much.

Molson Coors Canada, the Canadian business unit of Molson Coors Brewing Company (NYSE: TAP; TSX: TPX), and leading Canadian cannabis producer, The Hydropothecary Corporation ("HEXO") (TSX: HEXO), are pleased to announce that they have entered into a definitive agreement to form a joint venture to pursue opportunities to develop non-alcoholic, cannabis-infused beverages for the Canadian market following legalization.