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Friday, January 23, 2015 2:45:04 PM
http://primemarijuanastocks.com/top-10-prime-marijuana-stocks
Agritek Holdings
Symbol / Market – AGTK / OTCQB
Founded / Headquarters – 1997 / Denver, CO
Website – agritekholdings.com
Sector – Business Services / Infused Products
Differentiating Factor Analysis - Agritek Holdings provides real estate management and health / wellness product lines. These product lines include infused beverages, vaporizers, and accessories under its trademarked Mont Blunt™ brand. In addition the Company also currently has two wholly owned subsidiaries. One being Agritek Venture Holdings, Inc., which holds all land acquisitions and leases. Currently they have land ownership of over 120 acres in Colorado as well as managing new project acquisitions and acreage in Florida and Nevada. Secondly the own The American Hemp Trading, Inc. which produces hemp based beverages and products. This is an ultra small cap company with a capitalization of approximately $4.3M and last reported revenue (9/2014) of $242,000. Recently the company reported “that the Company will receive an estimated $400,000 from its institutional partners and private equity fund based in Chicago this month to be used for roll out and marketing efforts of the Company’s Mont Blunt brand of e-cigarettes and initial infrastructure costs related to its agricultural greenhouse project based in Pueblo, Colorado.” Furthermore, “this infusion of capital is part of the $1.5 million committed to the Company in total that will enable us to aggressively move our marketing plan for our Mont Blunt products forward as well as begin initiating infrastructure plans and build out of our state of the art agricultural greenhouse project in Pueblo, Colorado. We have already received several letters of intent and deposits for the 120 acres in total from some of the most respected and consistent licensed growing entities in the state,” stated B. Michael Friedman, CEO of Agritek Holdings Inc, This company is diversified in not only their product offerings but also in their markets served. Under the Mont Blunt™ brand they offer a variety of e-cigarette products. Agritek is relatively new to the sector and has operated under different names and market focuses prior to 2011 and is currently a development stage company. The opportunity for Agritek is due to their diversification, with the ultra small cap nature of this stock position monitoring should be constant as it is easily affected. If the stock takes a run you want to be prepared to add to your position early, likewise have a proper stop loss order in place is key.
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