Microcap Cannabis Stocks Ready To Rally On APPL China Trade War News - KALY PURA USMJ HEMP

Date : 01/03/2019 @ 2:51PM
Source :InvestorsHub NewsWire
Stock : Hemp, Inc. (PN) (HEMP)
Quote : 0.0099  -0.0004 (-3.88%) @ 8:59PM
After Hours
Last Trade
Last $ 0.01 ◊ 0.00 (0.00%)

Microcap Cannabis Stocks Ready To Rally On APPL China Trade War News - KALY PURA USMJ HEMP

New York, NY – Jan 3, 2019 - Next Big Ticker

Tim Cook, Chief Executive Officer of Apple, speaks as President Donald Trump listens during an American Technology Council roundtable in the
State Dinning Room of the White House, Monday, June 19, 2017, in Washington. (AP Photo/Alex Brandon)

Apple (APPL) reported today that holiday earnings are off and CEO Tim Cook points to President Trumps trade war with China as the primary factor.  Rising interest rates, a Government shutdown and a simmering trade war are all together injecting a shadow of fear uncertainty and doubt (FUD) into the stock market.  Often, when the major exchanges slow, decline or in general experience the ramifications of FUD, the microcaps surge.  Maybe the microcaps get more attention while big board traders look for opportunity elsewhere while waiting out whatever storm has set upon their usual domain.  We can be certain of cause and effect, but a correlation certainly exists.  And this time around, not only might the microcaps garner the attention of big board traders looking for a safe haven, cannabis stocks are getting the additional boost of the 2018 Farm Act legalizing hemp farming in the United States.  Keep an eye on microcap cannabis stocks, not exchange listed cannabis stocks, but OTC cannabis stocks positioned to benefit from the legalization of hemp farming.  Here are a few showing signs of an impending rally:

Kali, Inc. (USOTC: KALY) has recently acquired a patented cannabis extraction process changing its entire business. The company has announced $400,000 in contracts since making the acquisition.  The company has also released pre-clinical research on cannabis extracts from its patented process conducted in partnership with universities.  KALY is trading in the $0.02 to $0.03 range and a PPS of $0.10 would not be a surprise.  KALY is rated OVERALL BULLISH.

Puration, Inc. (USOTC: PURA)  has licensed the KALY patented extraction process for the production of what is now the leading CBD infused sports beverage in the sports nutrition market – EVERx CBD Sports Water.  The company has $1 million in sales in 2018. PURA has been recently rated a BUY. The PPS has climbed recently to $0.09 from a support base at $0.08 after pulling back from a 52-week high of $0.25 and now showing signs of rebounding to its $0.25 52-week high. 

North American Cannabis Holdings, Inc.(USOTC: USMJ) has recently broken out on high volume.  The PPS has made a dramatic move above $0.001.  The 52-week high is $0.0025.  The company has recently announced a $10 million revenue goal for 2019 based on its new ecommerce business.  The company has also announced a pending dividend.  With a positive cannabis market and progress toward the $10 million revenue goal, the USMJ PPS has the potential to break above $0.01.

Hemp, Inc. (USOTC: HEMP), by its name alone, has garnered a great deal of attention in the wake of the 2018 Farm Act legalizing hemp farming.  HEMP trading volumes are up and the PPS is basing around $0.03 and preparing for likely run.


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Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

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