Kush Just Took A Position In Cannabis Sativa Inc. (OTCMKTS:CBDS)
The cannabis space has been hot sine the ballots in the US last November, but as late, it’s started to settle a bit. That is, there’s less external volume interest, but that doesn’t mean we aren’t seeing any inter-activity. Here’s an example of exactly this sort of activity between tow companies in the sector – Kush and cannabis Sativa.
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Cannabis Sativa Inc. (OTCMKTS:CBDS) reported that Kush, Inc. has picked up 1,250,000 of common stock as of 2017-01-25.
The acquisition brings the aggregate amount owned by Kush, Inc. to a total of 1,250,000 representing a 6.8% stake in the company.
For those not familiar with the company, Cannabis Sativa, Inc. develops and promotes natural cannabis products. The Company is engaged in the research, development and licensing of natural cannabis products, including cannabis formulas, edibles, topicals, strains, recipes and delivery systems. The Company plans to develop, produce and market products through joint ventures with companies licensed under state regulations applicable to cannabis businesses. It holds the license for a medicinal cannabis strain called NZT, a cannabis lozenge delivery methodology, and a cannabis trauma cream formula. The Company is also developing a third strain of cannabis plant named CT22. The Company also conducts its operations through its subsidiary, Wild Earth Naturals, Inc. (Wild Earth).
A glance at Cannabis Sativa Inc. (OTCMKTS:CBDS)’s key stats reveals a current market capitalization of 154.82 million based on 18.47 million shares outstanding and a price at last close of $8.38 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-07-31, Barrameda picked up 500 at a purchase price of $10.58. This brings their total holding to 4,842,243 as of the date of the filing.
On the sell side, the most recent transaction saw Gravel unload 49,423 shares at a sale price of $9.08. This brings their total holding to 98,074.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Cannabis Sativa Inc. (OTCMKTS:CBDS) as things move forward to see if its progress aligns with these transactions.
North American Cannabis Holdings Inc (OTCMKTS:USMJ) Gearing Up for More Gains
North American Cannabis Holdings Inc (OTCMKTS:USMJ) shares were flat on Tuesday at $0.00060 and unchanged in after-hours trading. The company has a market cap of $22,100 at 36.88 million shares outstanding. Share prices have been trading in a 52-week range of $0.00 to $0.00.
North American Cannabis Holdings Inc has entered into the marijuana industry in 2013 to pilot various cannabis sector enterprises and now it is well-positioned to take advantage of the expected boom. The market is expected to grow to $20 billion by 2020 thanks to the November 8 vote that legalized the use of medical or recreational marijuana in several US states. Legislation is pending in Canada as well.
Last year, the company announced that it is set to close the acquisition of controlling interest in Alternet Systems by December 20, 2016. Alternet Systems is a company that develops and commercializes a growing portfolio of digital commerce technologies and already has a long-term track record in financial services industry software solutions.
Along with this announcement, North American Cannabis Holdings Inc also shared that it has partnered with Puration under their EVERx Sports and Fitness Nutritional Supplement Brand Name. These products will be targeted to athletes looking to enhance their performance, as CBD can substantially reduce recovery times and increase cardio output. Apart from that, CBD infused products can also target the general public that is becoming more aware of the health benefits of these products, such as mitigating diabetes risk and reducing cancer cells.
This partnership is ready to bear fruit as Puration and North Cannabis Holdings Inc will reveal the major industry trade show where EVERx Cannabinoil (CBD) Infused Bottled Water will be officially launched.
The launch event is going to be huge, and both USMJ and PURA have big roles to play” said Steven Rash, CEO of North American Cannabis Holdings Inc. “An amazing ensemble of smart people and terrific organizations are coming together for what will be a tremendous launch event. When we tell you all about the EVERx launch event it will be crystal clear to you how USMJ and PURA fit together and how all the hard work getting to this launch has been worth it. EVERx is a winner and you will see it endorsed by winners at our launch event. You don’t want to miss our announcement next week on Thursday, February 2nd and you don’t want to miss our launch event in March. Put it on your calendar now.”
Earlier this year, Puration published a $3 million revenue plan and later on announced that sales channels are poised to surpass this target. The company’s proprietary extraction process is combined with Alkame Holdings’ patented technology that alters the structure of water, producing a combination of characteristics that are unprecedented in the beverage industry.
I first want to start by saying that Alkame Holdings’ was absolutely the right partner for PURA to pick for producing the EVERx CBD Infused Sports Drink with PURA’s proprietary CBD extract.” said Brian Shibley, CEO of Puration. “ALKM has been great. Not only is ALKM’s patented water a perfect platform for PURA’s proprietary CBD extract, the people at ALKM are simply the best kind of people to work with. They are committed to the mission; passionate about the mission and laser beam focused on the mission. EVERx CBD Infused Water is the best CBD infused water you can find. All of us at PURA, USMJ and ALKM can’t wait to tell you about the product launch details. Just wait until you hear about the product launch plans on Thursday, next week. You’re going to be excited too.”
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.
Higher Listing Awaits Marijuana Company Of America Inc (OTCMKTS:MCOA)
Marijuana Company Of America Inc (OTCMKTS:MCOA) shares advanced 34.74% on Friday to $0.102 then retreated 14.87% to $0.087 in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.20. The company has a market cap of $171.78 million at 1.58 billion shares outstanding.
Formerly Converge Global Inc, Marijuana Company of America Inc is a development-stage company. It is a cannabis marketing and distribution company that distributes medical cannabis products and provides product sourcing, branding, payment, distribution and knowledge through an architecture structure to maintain customer loyalty and capture market share.
The company is also developing a knowledge base complete with information from subject matter experts, medical articles and opinions, current articles, YouTube and other videos, blogs, and industry news and papers. In particular, it provides information on strains, and other processed products that will be available through its club. It will track industry and consumer information and post to its social media and online knowledge base. It offers collectives and dispensaries in legal medical marijuana states marketing and managed services designed to improve membership and transactions.
Share prices have popped higher since the November 8 vote that legalized the use of medical or recreational marijuana in several US states. This has led analysts to project that the marijuana industry would grow to $20 billion in 2020 and at least to $1.7 billion this year. Several companies have also jumped in the bandwagon, with some shifting their focus to tap into this booming market, opening the potential for Marijuana Company of America Inc to work with more firms in the sector.
The company’s stock also got another boost on news that it is pursuing listing on a higher exchange. It has reportedly decided to also go for Securities and Exchange Commission registration statement filing through their legal counsel.
Our goal is to be a fully transparent reporting public company,” said Marijuana Company of America Inc CEO, Donald Steinberg. “As we grow and take these major steps, we want our shareholders to be well-informed about our plans and our progress. By becoming a fully-reporting, transparent public company, we may be better positioned to enhance stock liquidity and attract institutional investors, which will fundamentally enhance the value of our company.”
Being listed on a higher stock exchange can allow the company to attract not just more number of shareholders but better liquidity. The company is now turning its attention to the auditing process and has reportedly engaged the services of a CPA firm to complete a two-year audit of its financial statements as part of the process of preparing to become a fully reporting public company with the intent of uplisting to a higher reporting exchange.
“Completing this audit will help ensure the accuracy and completeness of the Company’s financial information, and also help to identify and strengthen internal controls over financial reporting,” noted Steinberg.
In operational news, Marijuana Company of America Inc has recently commenced generating revenue and started to ship orders for its hempSMART Brain product after its launch in November. The auditing process should provide more details on how the sales are turning out and whether the company can be eligible or not for uplisting soon.
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.
Why ML Capital Group Inc (OTCMKTS:MLCG) Shares Are Skyrocketing
ML Capital Group Inc (OTCMKTS:MLCG) shares soared 144.44% on Wednesday to $0.00220. The company has a market cap of $2.94 million at 1.34 billion shares outstanding. Share prices have been trading in a 52-week range of $0.00 to $0.00.
ML Capital Group Inc is a company that is engaged in the business of providing consulting services to both public and private companies. It primarily focuses on early stage companies, small businesses and emerging growth companies and is producing products and providing services that support the medical marijuana industry. In particular, it produces and markets its products and services under the Superstar Products brand name, including vapor pens, mobile applications and books. The focus of the ML Capital Group Inc is to sell products and services that do not include the growing, manufacture, or distribution of medical marijuana, cannabis, or cannabis byproducts.
Just recently, the company announced that they will be working together with Puration to introduce Cannabis Tourism to the New York Times. This also follows Puration’s $1 million collaboration agreement with Colorado based Spanish Peaks
ScrumpDelicacies and ML Capital Group Inc’s letter of intent to acquire Spanish Peaks ScrumpDelicacies, which is venture-backed startup dedicated to building cannabis consumer product production capacity in Colorado.
In this week’s press release, ML Capital Group Inc announced the company plans to publish an online presentation today to provide more details on the company’s preliminary sales forecast for 2017, which includes contributions from its fresh entry into the cannabis sector with its Puration partnership.
This partnership between MLCG, PURA and Spanish Peaks is a sound strategy for every participant, and an opportunity for the shareholders of every participant to take part in the history making and money making transition from an illegal marijuana market to a legal one,” the company’s press materials indicated.
It started off by projecting that travel sales are expected to reach $2.5 trillion by 2020. To take advantage of this, ML Capital Group Inc has zeroed in on the luxury sub-segment and already operates a luxury tour service in Hawaii. It has also recognized the expanding role of mobile technology within the travel industry and launched an initiative to build a mobile brand.
It also delved into the segmentation potential of the marijuana industry, as cannabis-infused edibles and cosmetics add to potential sales revenues, on top of merchandise. It compared the luxury cannabis tour segment to winery and distillery tours in Napa Valley or Tuscany, citing Colorado’s $19 billion travel market as a strong opportunity for the company to tap into this type of market. This is already in the works and additional Cannabis Tour locations, to include destinations outside the United States, are also underway.
Looking at the daily chart of ML Capital Group Inc shares shows a strong rally so far this year, spurred by its partnership with Puration. Volume has considerably spiked, reflecting strong investor interest, which might likely sustain the bullish move to new heights. It’s also worth noting that price is gearing up to move past the previous peak around March to May last year.
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.
Bulls Warming Up for New Colombia Resources Inc (OTCMKTS:NEWC) Shares
New Colombia Resources Inc (OTCMKTS:NEWC) shares were flat on Friday at $0.0280 and also unchanged in after-hours trading at $0.0280. Share prices have been trading in a 52-week range of $0.00 to $0.05. The company has a market cap of $4.32 million at 154.34 million shares outstanding.
New Columbia Resources Inc is a metallurgical coal company that is engaged in the acquisition and development of high quality metallurgical coal producers in Colombia. It is focusing on its La Tabaquera coal and rock project located in the Municipality of Guaduas, approximately 100 kilometers northwest of Bogota. The 57 hectares La Tabaquera and the 390 hectares mine La Herradura, are located to the west of the La Bermeja Ravine, crossing Rio Guaduero from north to south, with a linear extension of 2.5 kilometers north-south direction and 0.2 kilometers approximately from east-west. Its rock crushing plant has a processing capacity of over 100 cubic meters per hour of aggregates. It also has a medical cannabis business in Colombia operating as Sannabis SAS.
Earlier this month, New Columbia Resources Inc signed a $90 million purchase agreement for metallurgical coal with American Steel Industries of Philadelphia under a joint venture with a Chinese government-owned giant in the commodities and steel trading segment. American Steel Industries has been exporting steel from China for the past 12 years and is one of its largest steel exporters.
According to the company’s press release, the new contract will be filled by New Colombia’s joint venture with MSG Mining Corp. Some of the coal will be supplied by the joint venture’s Mina San Gregorio in Cucuta, Colombia while the remainder will be sourced from third-party producers. It will then be stored at New Columbia Resources Inc’s coal yard in Cucuta with a 50,000 ton capacity and industrial scale, then trucked or barged to a port on the Caribbean coast for shipment to South China. Analysts have remarked that opportunities for metallurgical coal are on a strong bullish ride from last year as demand continues to pickup and larger orders are being fulfilled.
To top it off, New Columbia Resources Inc also announced that it is developing a portfolio of medical marijuana products, and intends to submit an Orphan Drug application to the FDA in the US through a partnership with Advanced Imaging Projects LLC. Cannabis companies have been faring really well at the start of this year, following the bullish momentum sparked by the November 8 vote to legalize the use of medical or recreational marijuana in several U.S. states. This has led analysts to project that the cannabis sector could grow to $7.1 billion this year and $20 billion by 2020.
The company shared that they have reserved a spot in the USA Today’s 2017 Special Edition Colorado Rockies Preview to advertise Sannabis’ SANNAXHOL Pain Cream topical product made of cannabis sativa flower and other all natural ingredients native to Colombia. The pain cream has been tested by a licensed medical marijuana testing facility in the U.S. and shown to have minimal traces of THC, which can be imported and sold in the country.
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.