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This year GTEH aggressively enter the health and wellness space with a strong focus on the Cannabidiol ("CBD") market through our brand designation, "The Healthy Leaf".
CBD market is exploding with potential right now...Growth estimates by analyst for the CBD market continue to ratchet higher.
$INKW solid company 100% acquisition bottling plant In the 127 billion specialty drink market.
Ready to Drink" market here is a whopping $23B. Great for $INKW
New eyes become new LONGS when they take a look at the DD here with $INKW
Here are some key levels to watch
Resistance Levels $0.0156 and $0.0172
Support Levels $0.0117 and $0.0094
Opening their first store in Montclair NJ. This is a very strong location with a high end clientele. This will be the first of many stores. Just getting started here.
GTEH has taken the total issued and outstanding share total down to 385,563,721 shares and dropped the trading float share total down to just 35,546,101 shares, representing a 50.5% reduction in float.
This one should be interesting to watch. 2 restaurant locations confirmed already one in Montclai, NJ and the other in New York CBD beverages going Commercial cafe model.
Agreed. Montclair NJ, is the perfect launch site for a high end CBD cafe
This is a 22 Billion dollar industry. Add all you can below a penny. In my opinion this is a solid long term play. Check out their website. http://Greeneconcepts.com
I think this is gonna be a solid long term winner. Bottling plant can produce 8 million cases a month. 60K sq feet is huge. #MondayMotivation #CBD
Will be back at 1 penny soon.
The CBD market is one of the fastest growing consumer product markets on the planet right now, with some analysts projecting as much as 20x growth over the next 36 months. One of the truly unique facets to this growth curve is that has not been sponsored by any major existing brands from established large-cap corporate entities. It has been truly organic.
Folks need to read the DD & understand how severely undervalued this is
http://shorturl.at/eJRT5
climbing back up looking for a move here
In February it announced the completion of Mammoth Ventures Inc. and its 60,000 sq ft. bottling facility. This move positions them to focus on its CBD, ph balanced and enhanced beverage line.
US sales of CBD beverages are projected to reach $600m in 2019, and approach $1bn in 2020, with water accounting for two thirds of the market, according to analysts at Cowen. Furtherrmore, the analysts believe that US CBD can conservatively generate sales of $16bn by 2025.
$GTEH ready to corner the CBD space.
the Company has retained the services of Oxygen Graphics, a premier International Design Company. Oxygen will be tasked with logo design and the creation of the graphic representations that will define the brand, including business cards, kiosk and delivery truck insignias, product packaging design and graphics, labels, and web graphics.
“The Healthy Leaf pivot is moving at an extremely fast clip at this point,” continued Mr. Lovatt. “We are on the verge of nailing down our initial locations imminently, we expect to unveil our initial branding designs within the next week, the new website will be completed and unveiled within the next two weeks, and all of this will be transparently accessible to shareholders and the wider investment audience in real time as it unfolds.”
The GenTech media team was also a part of the process, and the Company plans to release footage in the form of “video blogs” of the Company’s likely store locations to give shareholders a clear sense of the process in motion and the rare quality of the locations being considered as initial Healthy Leaf CBD Coffee Shop sites. Shareholders are encouraged to search Facebook™ or Twitter™ for @gentechleaf or visit the company’s YouTube Channel at https://tinyurl.com/gentechleaf
Management notes that the Company is now in a position to begin work on securing at least one location over the very near term, with several others likely to follow.
The Company expects to execute an official lease for its Montclair location in the next ten (10) days. The build-out will begin immediately after the execution of the lease.
GTEH establish of its first high-end CBD-Infusion café location in Montclair, NJ, a prominent upscale town roughly 11 miles from Manhattan. This will be the Company’s first location in a series of high-end CBD-infusion café locations to be established over the near term as the Company pushes aggressively into the $2B CBD market.
GTEH is my pre-market watchlist this week
Morning GTEH
Over all CBD Market expected to hit $22 billion by 2022. $INKW rocking it.
CBD infused drinks going mainstream. $INKW
CBD infused beverages sell for anywhere from $5 to $10 per bottle.
INKW has a strong offering to capitalize on every opportunity in the CBD market. $INKW
CBD play of 2019 is here..
Ms. Howard continued, “This agreement with Nutrasource will give us a distinct advantage in the scientifically formulated beverage space as we ramp toward our launch of core production and begin to strategize about new product expansion and low-hanging fruit on the marketing side.”
Nutrasource has four offices in three countries with a staff of over 150. A provider of one-stop-shop services for healthcare product development and market entry services, Nutrasource specializes in global regulatory compliance, product claims support, clinical trials, and product testing for dietary supplements, cannabis and CBD products, foods and beverages, pet products, and medical products.
Management notes that Nutrasource will be in a strong position to assist with the Company’s development of its RTD nutritional beverage line, while also providing material value as the Company navigates critical opportunities related to market access, regulatory classification, and further operational and strategic development.
INKW has entered into a strategic partnership with Nutrasource, a premier global contract research organization, to assist its wholly-owned subsidiary, Mammoth Ventures, Inc (“Mammoth Ventures”), with all regulatory, clinical, product development, and testing solutions for its ready-to-drink (“RTD”) beverage products and dietary supplements throughout North America.
Looking for bounce after INKW closed down 7.06 percent on yesterday, on 12 percent of normal volume.
Morning $INKW
DLOC closed down 1.43 percent on Thursday, June 6, 2019, on 7.19 times normal volume.
DLOC is my premarket watchlist this morning