GTEH has a miniscule float with a Great entry price point and a New direction into the Billion Dollar HEMP sector. 300% ROI is possible
New York, NY -- March 20, 2019 -- InvestorsHub NewsWire -- Corporateads.com -- GTEH GenTech, Inc (USOTC: GTEH) enters into the Billion dollar Hemp sector and has begun to make progress in it's Hemp product and manufacturing delivery plan. GTEH's 3 year trajectory includes, acquisitions, delivery of it's own CBD Oil between late 2019 and into 2021 and entering the Apparel Space. GTEH was as high as .20 recently.
Canada legalizing recreational marijuana last year, and the U.S. recently legalizing hemp farming under the 2018 Farm Act, and state by state marijuana legalization continuing to grow, the market is hot for new cannabis and Hemp stocks. Take a look at some of the hot cannabis and Hemp sector companies to get an idea of where GTEH could go do some due diligence on HEMP (USOTC: HEMP), Pot Networks (USOTC: POTN), Puration, Inc. (USOTC: PURA). It could be a good time to accumulate GTEH in anticipation that the News release yesterday means they are ready to make some material announcements soon. According to "www.votehemp.com", the 2017 market for Hemp was buoyant with 13% of the $820m US market being made up of Consumer textiles, CBD making up 23% of that market and Food being 17%. They project that CBD oil derived products will exceed $646 million alone by 2022.
GenTech announces that they are looking to enter the Apparel space and then, shortly after, the Consumer Goods sectors of the Hemp industry. Their intention is to continue to build a strong Board that can go into the Growing market in the second half of the year with the acquisition of land ready for the growing of Hemp and producing CBD oils and products; all under their own brand. The Company is expecting to announce to the market a key strategic acquisition this month, to begin unveiling its branding in early April and to be announcing additional expert Board members by May.
"We are now in the Hemp Sector" announced David Lovatt, CEO of GenTech, "and as we make progress, I will share important news with you. Our intention is to make an initial set of acquisitions that will give us a base to work from and help us to establish a brand that will be recognized as a leading player in the sector. I will announce acquisitions as they are finalized in the coming days and weeks."
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