PEMTF Set To Rally On Record Revenues + Increased Subcribers
Mota Ventures Corp. (PEMTF)
Canada (MOTA.CN) Germany (5SO.F).
Alert Price: $0.3044
Float: 146.16
We are coming fresh off a highly profitable week of trading.
We were a perfect three-for-three with our trade ideas, and as a result our members were able to secure up to +163% in total gains.
We are now excited to announce our latest trade idea with triple-digit gain potential.
Please turn your immediate attention to Mota Ventures Corp. (PEMTF).
PEMTF may be the most attractive play in the CBD sector at the moment.
Last month, the Company announced record revenues for the month of April.
Prior to that PEMTF hit another milestone when they announced that for the month of April, it acquired 17,996 new customers. This represents an increase of 48% compared to April 2019. In April, the Company also experienced strong demand from customers enrolling in a subscription, totaling of 14,091 new subscribers during the month. This represents a new subscriber increase of 78% compared to April 2019.
As you can see, PEMTF is well positioned for growth, and it appears to be trading at bargain considering the bullish outlook for the CBD sector as a whole.
The CBD space is booming, and many have described it as the modern-day gold. There is a common belief that once federal hurdles are completely surmounted, innovators and entrepreneurs in the space would have perfected their acts as a precursor for differentiation and brand positioning.
CBD Global market size is expected to surpass $32 billion by 2022.
A particular force contributing to the CBD wave is the lifestyle promoted by culture, travel-oriented millennials and pet owners.
With the desire of millennials for natural remedies and natural food additives coupled with the properties that CBD claims to offer over pharmaceutical prescriptions and GMO-laced supermarket offerings, the CBD space will not need to seek further for drivers of the potentially new industry.
Many experts are stating that now is the perfect time to get in on the CBD boom.
At the moment we believe that PEMTF offers more upside than any other company in the space
Just like our most recent winners, PEMTF:
Has A Razor Thin Float
Operates In A Rapidly Growing Market
Is Setting Off Several Buy Signals
Is In The Middle Of A Major Growth Period
Has A Well Recorded History Of Single-Session Breakouts
Has Strong Revenues And A Rapidly Growing Customer Base
PEMTF may be one of the most undervalued companies that we've come across in quite some time, and could be our next alert to double in price.
That being said, we ask that you add it to the top of your watchlist now, and be ready to trade at 9:30AM EST.
About Mota Ventures Corp.
Mota Ventures is an established natural health products company focused in the CBD and psychedelic medicine sectors. Through its powerful eCommerce business, Mota is a leading is a direct-to-consumer provider of a wide range of natural health products throughout the United States and Europe. In the United States, the Company sells a CBD hemp-oil formulation derived from hemp grown and formulated in the United States through its Nature's Exclusive brand. Within Europe, its Sativida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom.
Through its German-based Verrian operation, Mota is researching and testing the efficacy and application of natural psilocybin products for the treatment of opioid and other life altering addictions. Mota is also seeking to acquire additional revenue producing CBD brands and operations in both Europe and North America, with the goal of establishing an international distribution network for CBD and other natural health products.
SPONF trades publicly in three countries, USA (OTC PINK:PEMTF), Canada (MOTA.CN), and Germany (5SO.F).
Why Invest In Mota Ventures Corp. (PEMTF)
AcQUIRED ECOMMERCE RETAILERS
Mota Ventures has acquired e-commerce retailers with combined total sales of approximately $29,000,000* with an EBITDA of approximately 12.5%
CUSTOMER BASE
Current customer base of 142,000 customers with additional leads of over 424,000 potential new customers.
STRATEGIC PARTNERSHIPS
Strategic partner Unified Funding have facilitated over $265 million* in consumer transactions from more than one million paying customers.
EU EXPANSION READY
Acquired brand, Sativida, has already applied for the Novel Foods permit, which allows products to be sold in the EU.
VERTICALLY INTEGRATED PRODUCTION AND SALES
Low-cost production will be vertically integrated into retail brands to achieve up 20x margin increase.
Growth Strategy:
Growth of existing brands through capital investment targeted in customer acquisition.
Expansion of existing brands into new markets, including Europe, the United States and Latin America.
Vertically integrate eCommerce supply chain with Colombian cultivation and extraction assets to realize margin efficiencies.
Expand product line to quickly meet consumer and new market demands
Record Revenues For PEMTF
PEMTF announced record revenues for the month of April totaling Cdn$3,818,000, representing an increase of 39% compared to April 2019. Expenses totaled Cdn$3,609,000, representing a Gross Profit of Cdn$209,000 for the month.
DOMINANT ONLINE CUSTOMER ACQUISITION STRATEGY
The Company credits this success to its' online customer acquisition strategy, which is capitalizing on the strong consumer demand for natural health solutions, resulting in an interim record number of customer acquisitions for the Nature's Exclusive brand, as well as, new customers for the immune support category introduced in March 2020.
The Company's strong ability to continue capturing customers, for both existing and new products, bodes well for the Company's CBD based hand sanitizer launch this month.
Ryan Hoggan, CEO of the Company stated, "I am very pleased to report another successful month with increased sales over 2019. Our investment in customer acquisition in March 2020, which yielded additional subscribers, has been a significant driver to our increased profitability. Despite the worldwide pandemic, we continue to move forward towards our full year goals for 2020, including expansion into the European market. I look forward to reporting on new customer acquisitions in the coming weeks".
NATURE'S EXCLUSIVE CBD BRAND LEADING THE WAY
The Company's Nature's Exclusive brand offers a CBD hemp-oil formulation intended to provide users with the therapeutic benefits that hemp may offer. The hemp oil used in the products is derived from hemp grown and cultivated in the United States. The extraction process is designed to maintain all the beneficial qualities that hemp may offer. Nature's Exclusive offers a range of products, which include CBD oil drops, CBD gummies, CBD pain relief cream, CBD skin serum, CBD hand sanitizer and CBD coffee.
We encourage shareholders and prospective investors to visit the Company's AGORACOM Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
The Company cautions that figures for revenue, expenses and margin generated from the sale of Nature's Exclusive products have not been audited, and are based on calculations prepared by management. Actual results may differ from those reported in this release once these figures have been audited. These figures were translated from US dollars into Canadian dollars using the Bank of Canada monthly average exchange rate of US$1.00:Cdn$1.4058 for April 2020 and US$1.00:Cdn$1.3378 for April 2019.
PEMTF Announces Record Number of New Subscriptions in April
The Company announced that for the month of April, it acquired 17,996 new customers. This represents an increase of 48% compared to April 2019. In April, the Company also experienced strong demand from customers enrolling in a subscription, totaling of 14,091 new subscribers during the month. This represents a new subscriber increase of 78% compared to April 2019.
The Company's Natures Exclusive brand offers a CBD hemp-oil formulation intended to provide users with the therapeutic benefits that hemp may offer. The hemp oil used in the products is derived from hemp grown and cultivated in the United States. The extraction process is designed to maintain all the beneficial qualities that hemp may offer. Natures Exclusive offers a range of products, which include CBD oil drops, CBD gummies, CBD pain relief cream, CDB skin serum and CBD coffee.
"We continue to see strong consumer demand for our entire range due to our concentrated customer acquisition efforts and by providing compelling products our customers are asking for. Our April new customer acquisition and subscription numbers are continued evidence of the strength of the business. Additionally, I am excited about our recent launch of a CBD hand sanitizer product and anticipate we will see very strong sales through this current quarter," stated Ryan Hoggan, CEO of the Company.
The Company also announces that it has granted 7,995,000 incentive stock options to certain directors, officers and consultants of the Company. The options vest immediately, and are exercisable at a price of $0.30 for a period of 60 months. The options are governed by the terms of the Company's incentive stock option plan, and the policies of the Canadian Securities Exchange.
Recent Developments:
Acquisition News Could Send PEMTF Shares Soaring
Mota Ventures Signs Binding Term Sheet to Acquire E-Commerce Platform Leader Unified Funding with C$93.8 Million in Consumer Transactions Facilitated In
Last Friday, the PEMTF announced that it has entered into a binding term sheet (the "Term Sheet") dated June 5, 2020 with Unified Funding LLC ("Unified"). The term sheet replaces the previous preliminary letter of intent entered into with Unified on May 21, 2020.
Ryan Hoggan, Chief Executive Officer stated "The very nature of CBD, natural health products and psychedelics unequivocally points the future of our nascent industry into digital targeting, marketing and engagement of customers who will turn to the web to learn about and acquire the right products for them. Mota has already demonstrated superior eCommerce capabilities in 2020 but this acquisition of Unified will make us a formidable presence in the space."
Hoggan added "From a shareholder value point of view, the one thing the biggest tech companies in the world have in common - according to McKinsey - is that they are all platform-based organizations that owe much of their success to the agility with which they are able to innovate and reconfigure themselves to go after new opportunities. With this acquisition, we hope to establish a platform that will serve a growing global industry going forward."
PLATFORM HAS FACILITATED C$364 MILLION IN TRANSACTIONS SINCE 2015, C$93.8 MILLION IN 2019
Unified is a leading eCommerce platform company established in 2015 by partners with over a decade experience in eCommerce marketing. Unified has developed a proprietary technology platform along with a CRM designed specifically for emerging, small and medium sized eCommerce businesses worldwide. To date, the platform has successfully facilitated over CDN$364,000,000 in consumer transactions, including CDN$93,800,000 in 2019 alone.
The platform generates revenue from licensing, marketing and product fulfillment fees supporting brands in the natural health products sector, including skin care, nutraceutical, essential oils and CBD. Unified brings the platform and experience needed for the Company to expand its product portfolio and brands. Integration of the platform with the Unified experienced team of professionals to run it will allow the Company to develop new products and enter new natural healthcare markets, aided significantly by Unified's ability to closely track current trends through a global network of media partners.
Kevin Keranen, Chairman of Unified, stated "Along with a diverse team of eCommerce experts, we have built one of the most comprehensive eCommerce platforms in the natural health products sector. Our combination of technology with a full team of individuals dedicated to specific segments of the business allows us to deliver robust growth for our clients. As we look to become a part of Mota, we will be able to access the growth capital to further expand our marketing efforts and support any initiative drive by the Company in a more strategic manner."
UNIFIED PLATFORM GOES BEYOND PRODUCT SALES
Unified provides a comprehensive suite of managed services in high-demand by its clients. These services are driven by both technology and a team of over forty United States based employees that include:
Customer Acquisition: Unified creates and executes digital marketing campaigns to acquire customers in the clients targeted demographic. By utilizing Unified's vast marketing channels, clients are able to learn about new market trends and adapt accordingly.
Product Development: Unified is able to guide product development by utilizing intelligence generated by the millions of customer records of opt-in buyers and potential buyers. Unified has relationships with product development professionals, labs and manufacturers to create products within scope and within budget.
Supply Chain Management & Logistics: Through its partners, Unified can help manage clients supply chain to ensure on-time delivery to each customer's doorstep and to adapt to varying levels of product demand.
Customer Service: As part of the technology platform, Unified provides real-time customer service metrics to accurately measure performance of each customer service agent, which significantly impacts the profitability of each clients business.
Profitability Analysis: Most importantly, the technology and staff at Unified are focused on profitability for each and every client. The business manages over 100 key performance indicators that have been developed through experience, which translates to higher success rates for Unified clients.
Market Outlook
Globally, it is estimated that about one in five, or about 1.5 billion people suffer from chronic pain.
CBD Global market size is expected to surpass $32 billion by 2022.
It is estimated that by 2023 the pain medication market will increase to over $1.5 trillion.
European CBD Market is expected to grow 400% by 2023 with a total value of $1.7 billion.
20% of Europe's Population suffers from Chronic Pain, spending $285 billion annually on pain medication
7 Reasons CBD Oil Will Be Huge In 2020
CBD Oil Is More Affordable Than Ever
Many Countries Are Legalizing CBD Oil
The Industry Has Begun Making Transparency A Priority
Ongoing Studies Are Providing Us With Evidence To Back Up Health Claims
Other Industries Are Using CBD Oil In Their Products
The Wellness Industry Is Embracing CBD Oil As A Natural Supplement
Influencer Endorsements For CBD Oil Are Increasing
Technical Analysis
As we mentioned above, we believe that PEMTF is highly undervalued at its current price.
It currently trading well off its 52-week high of $0.58, giving it an immediate upside of nearly +100%!
We've done our very own technical analysis on PEMTF, and see the potential for a major move from here.
Bullish Indicators
RSI Trending Within Perfect Ascending Bullish Channel
Stock Closed Above VWAP Having Bounced Off Daily Support Level
Stochastic Bottomed And Reversed Bullishly
This could be the start of a long-term bull rally!
The Bottom Line
PEMTF appears to be a hidden gem in the CBD sector.
It is hitting on all cylinders, with its strong technicals, increasing revenues, and growing subscriber base.
This ticker is cut from the same cloth as our past mega-winners, and we wouldn't be surprised if we saw a huge move from here.
By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
Best regards,
Canada (MOTA.CN) Germany (5SO.F).
Alert Price: $0.3044
Float: 146.16
We are coming fresh off a highly profitable week of trading.
We were a perfect three-for-three with our trade ideas, and as a result our members were able to secure up to +163% in total gains.
We are now excited to announce our latest trade idea with triple-digit gain potential.
Please turn your immediate attention to Mota Ventures Corp. (PEMTF).
PEMTF may be the most attractive play in the CBD sector at the moment.
Last month, the Company announced record revenues for the month of April.
Prior to that PEMTF hit another milestone when they announced that for the month of April, it acquired 17,996 new customers. This represents an increase of 48% compared to April 2019. In April, the Company also experienced strong demand from customers enrolling in a subscription, totaling of 14,091 new subscribers during the month. This represents a new subscriber increase of 78% compared to April 2019.
As you can see, PEMTF is well positioned for growth, and it appears to be trading at bargain considering the bullish outlook for the CBD sector as a whole.
The CBD space is booming, and many have described it as the modern-day gold. There is a common belief that once federal hurdles are completely surmounted, innovators and entrepreneurs in the space would have perfected their acts as a precursor for differentiation and brand positioning.
CBD Global market size is expected to surpass $32 billion by 2022.
A particular force contributing to the CBD wave is the lifestyle promoted by culture, travel-oriented millennials and pet owners.
With the desire of millennials for natural remedies and natural food additives coupled with the properties that CBD claims to offer over pharmaceutical prescriptions and GMO-laced supermarket offerings, the CBD space will not need to seek further for drivers of the potentially new industry.
Many experts are stating that now is the perfect time to get in on the CBD boom.
At the moment we believe that PEMTF offers more upside than any other company in the space
Just like our most recent winners, PEMTF:
Has A Razor Thin Float
Operates In A Rapidly Growing Market
Is Setting Off Several Buy Signals
Is In The Middle Of A Major Growth Period
Has A Well Recorded History Of Single-Session Breakouts
Has Strong Revenues And A Rapidly Growing Customer Base
PEMTF may be one of the most undervalued companies that we've come across in quite some time, and could be our next alert to double in price.
That being said, we ask that you add it to the top of your watchlist now, and be ready to trade at 9:30AM EST.
About Mota Ventures Corp.
Mota Ventures is an established natural health products company focused in the CBD and psychedelic medicine sectors. Through its powerful eCommerce business, Mota is a leading is a direct-to-consumer provider of a wide range of natural health products throughout the United States and Europe. In the United States, the Company sells a CBD hemp-oil formulation derived from hemp grown and formulated in the United States through its Nature's Exclusive brand. Within Europe, its Sativida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom.
Through its German-based Verrian operation, Mota is researching and testing the efficacy and application of natural psilocybin products for the treatment of opioid and other life altering addictions. Mota is also seeking to acquire additional revenue producing CBD brands and operations in both Europe and North America, with the goal of establishing an international distribution network for CBD and other natural health products.
SPONF trades publicly in three countries, USA (OTC PINK:PEMTF), Canada (MOTA.CN), and Germany (5SO.F).
Why Invest In Mota Ventures Corp. (PEMTF)
AcQUIRED ECOMMERCE RETAILERS
Mota Ventures has acquired e-commerce retailers with combined total sales of approximately $29,000,000* with an EBITDA of approximately 12.5%
CUSTOMER BASE
Current customer base of 142,000 customers with additional leads of over 424,000 potential new customers.
STRATEGIC PARTNERSHIPS
Strategic partner Unified Funding have facilitated over $265 million* in consumer transactions from more than one million paying customers.
EU EXPANSION READY
Acquired brand, Sativida, has already applied for the Novel Foods permit, which allows products to be sold in the EU.
VERTICALLY INTEGRATED PRODUCTION AND SALES
Low-cost production will be vertically integrated into retail brands to achieve up 20x margin increase.
Growth Strategy:
Growth of existing brands through capital investment targeted in customer acquisition.
Expansion of existing brands into new markets, including Europe, the United States and Latin America.
Vertically integrate eCommerce supply chain with Colombian cultivation and extraction assets to realize margin efficiencies.
Expand product line to quickly meet consumer and new market demands
Record Revenues For PEMTF
PEMTF announced record revenues for the month of April totaling Cdn$3,818,000, representing an increase of 39% compared to April 2019. Expenses totaled Cdn$3,609,000, representing a Gross Profit of Cdn$209,000 for the month.
DOMINANT ONLINE CUSTOMER ACQUISITION STRATEGY
The Company credits this success to its' online customer acquisition strategy, which is capitalizing on the strong consumer demand for natural health solutions, resulting in an interim record number of customer acquisitions for the Nature's Exclusive brand, as well as, new customers for the immune support category introduced in March 2020.
The Company's strong ability to continue capturing customers, for both existing and new products, bodes well for the Company's CBD based hand sanitizer launch this month.
Ryan Hoggan, CEO of the Company stated, "I am very pleased to report another successful month with increased sales over 2019. Our investment in customer acquisition in March 2020, which yielded additional subscribers, has been a significant driver to our increased profitability. Despite the worldwide pandemic, we continue to move forward towards our full year goals for 2020, including expansion into the European market. I look forward to reporting on new customer acquisitions in the coming weeks".
NATURE'S EXCLUSIVE CBD BRAND LEADING THE WAY
The Company's Nature's Exclusive brand offers a CBD hemp-oil formulation intended to provide users with the therapeutic benefits that hemp may offer. The hemp oil used in the products is derived from hemp grown and cultivated in the United States. The extraction process is designed to maintain all the beneficial qualities that hemp may offer. Nature's Exclusive offers a range of products, which include CBD oil drops, CBD gummies, CBD pain relief cream, CBD skin serum, CBD hand sanitizer and CBD coffee.
We encourage shareholders and prospective investors to visit the Company's AGORACOM Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
The Company cautions that figures for revenue, expenses and margin generated from the sale of Nature's Exclusive products have not been audited, and are based on calculations prepared by management. Actual results may differ from those reported in this release once these figures have been audited. These figures were translated from US dollars into Canadian dollars using the Bank of Canada monthly average exchange rate of US$1.00:Cdn$1.4058 for April 2020 and US$1.00:Cdn$1.3378 for April 2019.
PEMTF Announces Record Number of New Subscriptions in April
The Company announced that for the month of April, it acquired 17,996 new customers. This represents an increase of 48% compared to April 2019. In April, the Company also experienced strong demand from customers enrolling in a subscription, totaling of 14,091 new subscribers during the month. This represents a new subscriber increase of 78% compared to April 2019.
The Company's Natures Exclusive brand offers a CBD hemp-oil formulation intended to provide users with the therapeutic benefits that hemp may offer. The hemp oil used in the products is derived from hemp grown and cultivated in the United States. The extraction process is designed to maintain all the beneficial qualities that hemp may offer. Natures Exclusive offers a range of products, which include CBD oil drops, CBD gummies, CBD pain relief cream, CDB skin serum and CBD coffee.
"We continue to see strong consumer demand for our entire range due to our concentrated customer acquisition efforts and by providing compelling products our customers are asking for. Our April new customer acquisition and subscription numbers are continued evidence of the strength of the business. Additionally, I am excited about our recent launch of a CBD hand sanitizer product and anticipate we will see very strong sales through this current quarter," stated Ryan Hoggan, CEO of the Company.
The Company also announces that it has granted 7,995,000 incentive stock options to certain directors, officers and consultants of the Company. The options vest immediately, and are exercisable at a price of $0.30 for a period of 60 months. The options are governed by the terms of the Company's incentive stock option plan, and the policies of the Canadian Securities Exchange.
Recent Developments:
Acquisition News Could Send PEMTF Shares Soaring
Mota Ventures Signs Binding Term Sheet to Acquire E-Commerce Platform Leader Unified Funding with C$93.8 Million in Consumer Transactions Facilitated In
Last Friday, the PEMTF announced that it has entered into a binding term sheet (the "Term Sheet") dated June 5, 2020 with Unified Funding LLC ("Unified"). The term sheet replaces the previous preliminary letter of intent entered into with Unified on May 21, 2020.
Ryan Hoggan, Chief Executive Officer stated "The very nature of CBD, natural health products and psychedelics unequivocally points the future of our nascent industry into digital targeting, marketing and engagement of customers who will turn to the web to learn about and acquire the right products for them. Mota has already demonstrated superior eCommerce capabilities in 2020 but this acquisition of Unified will make us a formidable presence in the space."
Hoggan added "From a shareholder value point of view, the one thing the biggest tech companies in the world have in common - according to McKinsey - is that they are all platform-based organizations that owe much of their success to the agility with which they are able to innovate and reconfigure themselves to go after new opportunities. With this acquisition, we hope to establish a platform that will serve a growing global industry going forward."
PLATFORM HAS FACILITATED C$364 MILLION IN TRANSACTIONS SINCE 2015, C$93.8 MILLION IN 2019
Unified is a leading eCommerce platform company established in 2015 by partners with over a decade experience in eCommerce marketing. Unified has developed a proprietary technology platform along with a CRM designed specifically for emerging, small and medium sized eCommerce businesses worldwide. To date, the platform has successfully facilitated over CDN$364,000,000 in consumer transactions, including CDN$93,800,000 in 2019 alone.
The platform generates revenue from licensing, marketing and product fulfillment fees supporting brands in the natural health products sector, including skin care, nutraceutical, essential oils and CBD. Unified brings the platform and experience needed for the Company to expand its product portfolio and brands. Integration of the platform with the Unified experienced team of professionals to run it will allow the Company to develop new products and enter new natural healthcare markets, aided significantly by Unified's ability to closely track current trends through a global network of media partners.
Kevin Keranen, Chairman of Unified, stated "Along with a diverse team of eCommerce experts, we have built one of the most comprehensive eCommerce platforms in the natural health products sector. Our combination of technology with a full team of individuals dedicated to specific segments of the business allows us to deliver robust growth for our clients. As we look to become a part of Mota, we will be able to access the growth capital to further expand our marketing efforts and support any initiative drive by the Company in a more strategic manner."
UNIFIED PLATFORM GOES BEYOND PRODUCT SALES
Unified provides a comprehensive suite of managed services in high-demand by its clients. These services are driven by both technology and a team of over forty United States based employees that include:
Customer Acquisition: Unified creates and executes digital marketing campaigns to acquire customers in the clients targeted demographic. By utilizing Unified's vast marketing channels, clients are able to learn about new market trends and adapt accordingly.
Product Development: Unified is able to guide product development by utilizing intelligence generated by the millions of customer records of opt-in buyers and potential buyers. Unified has relationships with product development professionals, labs and manufacturers to create products within scope and within budget.
Supply Chain Management & Logistics: Through its partners, Unified can help manage clients supply chain to ensure on-time delivery to each customer's doorstep and to adapt to varying levels of product demand.
Customer Service: As part of the technology platform, Unified provides real-time customer service metrics to accurately measure performance of each customer service agent, which significantly impacts the profitability of each clients business.
Profitability Analysis: Most importantly, the technology and staff at Unified are focused on profitability for each and every client. The business manages over 100 key performance indicators that have been developed through experience, which translates to higher success rates for Unified clients.
Market Outlook
Globally, it is estimated that about one in five, or about 1.5 billion people suffer from chronic pain.
CBD Global market size is expected to surpass $32 billion by 2022.
It is estimated that by 2023 the pain medication market will increase to over $1.5 trillion.
European CBD Market is expected to grow 400% by 2023 with a total value of $1.7 billion.
20% of Europe's Population suffers from Chronic Pain, spending $285 billion annually on pain medication
7 Reasons CBD Oil Will Be Huge In 2020
CBD Oil Is More Affordable Than Ever
Many Countries Are Legalizing CBD Oil
The Industry Has Begun Making Transparency A Priority
Ongoing Studies Are Providing Us With Evidence To Back Up Health Claims
Other Industries Are Using CBD Oil In Their Products
The Wellness Industry Is Embracing CBD Oil As A Natural Supplement
Influencer Endorsements For CBD Oil Are Increasing
Technical Analysis
As we mentioned above, we believe that PEMTF is highly undervalued at its current price.
It currently trading well off its 52-week high of $0.58, giving it an immediate upside of nearly +100%!
We've done our very own technical analysis on PEMTF, and see the potential for a major move from here.
Bullish Indicators
RSI Trending Within Perfect Ascending Bullish Channel
Stock Closed Above VWAP Having Bounced Off Daily Support Level
Stochastic Bottomed And Reversed Bullishly
This could be the start of a long-term bull rally!
The Bottom Line
PEMTF appears to be a hidden gem in the CBD sector.
It is hitting on all cylinders, with its strong technicals, increasing revenues, and growing subscriber base.
This ticker is cut from the same cloth as our past mega-winners, and we wouldn't be surprised if we saw a huge move from here.
By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
Best regards,