New Breakout 11/4 Profile - NUGS (Under $.10)
Special: Read Why This Green Wave Idea Could Be A Hidden Gem Ready To Soar
We've officially turned the page on a killer October, but before we move on completely, let's take a stroll down memory lane.
Check these bad boys out:
- 10/31 FULO ran 341% intraday from $.06 to $.265
- 10/21 ITRK ran 600% intraday from $.01 to $.07
- 10/18 SNWR ran 600% intraday from $.01 to $.07
- 10/10 CLTH ran 887.5% intraday from $.008 to $.079
- 10/7 ESYL ran 1,900% intraday from $.0045 to $.09
- 10/4 BEGI ran 471% intraday from $.07 to $.40
In total, those are 6 profiles that exploded intraday for 4,461% from their opens/lows to their highs.
But, like I said, we're turning the page. On to November and your new breakout idea (and it's a doozy).
"As the weak hands exit the [Green Wave] space, investors are starting to care about the actual results," CNBC’s Jim Cramer says.
Over the past year, the CB sector has experienced two significant sell-offs. The first came during a fourth-quarter meltdown, while the second popped up during the recent earnings cycle.
Though, here's the thing... Even now, some of Wall Street's growth projections for the LGL pot industry are colossal.
At one end of the spectrum, analysts are projecting worldwide MJ sales to be in the neighborhood of $50Bn within the next 10 years.
Then, on the other end, you have Investment Firm Stifel, which forecasts global CB spending to be around $200Bn in that same decade stretch.
To give you some context, worldwide sales were only $10.9Bn in 2018.
Those numbers suggest that the CAGR for LGL MJ would be as high as 27% per year if Stifel's approximations prove accurate.
Additionally, you'll want to recognize that the United States will be knee deep in responsibility for those sales. Some estimates are suggesting that the U.S. will comprise between 1/3 and 1/2 of global MJ sales by 2030.
For those reasons, I've been researching bottom-floor companies that appear to be heading in a direction towards serious potential growth.
With this sector pull-back, there couldn't be a better time to start watching these low priced stocks as the sky could be the limit for a few of these companies.
As the dust settled after your most recent profile blazed 341% intraday, I came across your new idea for today:
*Cannabis Strategic Ventures (NUGS)*
At just under $.10, NUGS has a ton going for it and recent news makes this company look like a potential breakout target. Saddle-up, you're going to want to soak in as much as you can about this Green Wave profile.
About The Company (NUGS) & Its Portfolio
CB Strategic Ventures, Inc. is one of the largest publicly traded MJ cultivators in the United States. The Firm is Los Angeles-based that incubates, develops and partners with category leaders within the CB sector. The Firm's NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing CB consumer brands.
Implements proven recruiting formula to match top candidates to a broad spectrum of CB industry jobs, as well as provides sector-specific professional employment organization and human resources consulting services.
A line of luxury skincare products derived from hemp CB and other dynamic ingredients, with hydrating, regenerating and anti-aging properties.
Produces The Asher House Wellness Oil, an ingestible oil that contains a broad spectrum of premium hemp phytocan.nabinoids, derived from U.S. grown hemp plants for pet consumption.
Important NUGS News Catalyst #1
Huge news from company's cultivation facility, NUGS Farm, could be a significant catalyst to start sending share prices north. Read here about their major announcement:
CB Strategic Ventures Announces First Sales from NUGS FARM Cultivation, Manufacturing and Distribution Facility
LOS ANGELES, Sept. 10, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- Los Angeles-based CB Strategic Ventures Inc. (OTC: NUGS) is proud to announce the first round of product sales from the inaugural harvest of its wholly owned and operated flagship greenhouse farm, NUGS FARM, located in Northern California. The 6-acre CB operation is expected to reach full capacity by year-end and has started booking sales for more than 13 of its unique flower strains.
“We are excited to start selling product from NUGS FARM inaugural harvest. Booking our first round of sales is an exciting milestone for our Company and all stakeholders,” said Simon Yu, CEO, CB Strategic Ventures. “Our team is overwhelmed with the level of interest in NUGS FARM CB flower. We believed this a testament to the quality of our high-tech cultivation process and our commitment to quality, growth and infusing the California LGL markets with exceptional CB flower and products.”
NUGS FARM is a high-tech greenhouse operation located in an agriculturally rich region of California. NUGS FARM holds 19 cultivation, manufacturing and distribution licenses issued by the Bureau of CB Control in the state of California. The combination of natural sunlight and high-tech mixed light greenhouses will allow NUGS FARM to harvest quality CB flower multiple times per year.
Recent industry figures from New Frontier Data estimate that overall sales within the LGL U.S. CB industry are expected to reach $13.6Bn throughout 2019, for a 32% increase over 2018 totals worth $10.3Bn.
CB Strategic Ventures plans to expand its operations within this burgeoning market by adding on-site processing and manufacturing for oils, extracts, pre-rolls and more.
“We look forward to the continued expansion of NUGS Farm and the [opp.] to scale CB Strategic Ventures as one of the largest CB cultivators in the state of California,” stated Yu.