International Spirits & Beverage Group, Inc. (OTCQB: ISBG): Upcoming CBD Products Sets The Company Up As A Potential Buyout C...
January 17 2019 - 6:00AM
InvestorsHub NewsWire
International Spirits & Beverage Group,
Inc. (OTCQB:
ISBG): Upcoming CBD Products Sets The Company Up As A Potential
Buyout Candidate
Miami, FL – January 17, 2019 -- InvestorsHub
NewsWire -- (undergroundstocks.com Newswire) –
UndergroundStocks.com, an elite wall street independent small cap
media group with a history of bringing lucrative opportunities,
reports on International Spirits & Beverage Group, Inc. (OTC
QB: ISBG).
In
2017 $9 billion in marijuana sales were reported by the industry
nationwide according to Tom Adams, managing director of BDS
Analytics. These numbers don’t include California which opened in
January 2018. Estimates are calling for $11 billion in sales
nationwide for 2018 and expected to rise to $21 billion by
2021. The industry employed more than 121,000 people in 2017
and expected to reach 292,000 by 2021. With this industry
growth factor, trajectory, and viable path to legalization it’s
easy to see how big business is going to want a piece of the
action.
ISBG CBD Upcoming
Products
The
company has completed the developing of the P19 CBD Gummies and is
set to be released this year on January 25th via the
company’s upcoming E-Commerce site. The company is finalizing its
CBD infused beverages which will be launching days after the
E-Commerce site goes live. In addition to its CBD products, the
company is currently selling its Besado Tequila and its natural
flavored Dziaq Liqueur beverages.
ISBG Potential Buyout
Candidate
Everything is lining up for ISBG to gather more
attention from big cannabis players. One big player who is actively
acquiring cannabis companies is Aurora Cannabis (NYSE: ACB). Aurora
has been especially reliant of late on the acquisition side of the
equation. Earlier this week, the company made yet another purchase,
when it announced the CA$175 million buyout of privately held
Whistler Medical Marijuana in Canada.
Here at UndergroundStocks we believe that when
ISBG begins generating massive sales from their CBD Gummies and CBD
Beverages many cannabis players such as Aurora Cannabis (NYSE:
ACB), Canopy Growth (NYSE: CGC), Cronos Group (NASDAQ: CRON),
Tilray (NASDAQ: TLRY), New Age Beverages (NASDAQ: NBEV), and GWP
pharma (NASDAQ: GWPH) will take a look at International Spirits
& Beverage Group, Inc. (OTCQB: ISBG) as a potential acquisition
or buyout.
Two days ago, American Premium Water Corporation (OTC PINK: HIPH)
announced that it has entered into a financing agreement with an
institutional investor at a $0.40 valuation, ten times the current
market valuation. International Spirits & Beverage Group, Inc.
(OTC QB: ISBG) at a ten times valuation the price will be over
$0.04
ISBG Chart Breakdown & Share
Structure
This undervalued stock should be in everyone’s
watchlist. ISBG’s current share structure is the following: AS
200,000,000 million, OS 120,994,320 million, Float 54,399,528
million. The market cap at the time of writing was $822,761. The
current share price is $0.0064.
ISBG is one of those thinly traded stocks that
could explode on low volume and once this cheetah takes off there’s
no catching it.
The
stock is currently trading over the 8ma (.0059) and 20ma (.0059)
which is now major support and the accumulation in the stock
continues. Next key pivot to break will be .0089, once this breaks
there’s no telling how high this can go. Our potential price target
still stands at $0.03.
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UndergroundStocks.com
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investment community.
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Source:
UndergroundStocks
Undergroundstocks.com
Eduardo Perez
Undergroundstocks2014@gmail.com
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