Icon Media Holdings Inc (ICNM)

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ICNM Taps Fast Growing Medical Marijuana Industry






Good Afternoon!






The legalized marijuana industry is now one of the fastest growing businesses in the United States.





The market for legalized marijuana will grow by 64% between 2014 and 2015, the State of Marijuana Markets survey predicted. The survey estimated that $1.43 billion worth of legal marijuana was sold in 2013 and $2.34 billion worth of cannabis could be sold in 2014.





“Cannabis is one of the fastest-growing industries,” the survey’s editor Steve Berg told The Huffington Post. “Domestically, we weren't able to find any market that is growing as quickly.”





Medical marijuana has been legalized in 23 states and the District of Columbia. Recreational marijuana is now legal in two states: Colorado and Washington. The value of the medical marijuana market in Colorado could grow by $359 million in 2014.





Future growth could be even greater; the legal cannabis industry in the United States could be worth $35 billion by 2020, a report from Greenwave Advisors cited by The Washington Post predicted. Greenwave predicts that 12 states and the District of Columbia will legalize recreational marijuana, and 37 states could legalize medicinal marijuana by 2020.





The legal marijuana industry will generate revenues of $21 billion by 2020 if its predictions about legalization prove true, Greenwave reported. The revenues would rise to $35 billion if marijuana was legalized on the federal level. `





ICNM, my brand new alert, is ready to capitalize on this monumental historical shift in legislation!





Investor Highlights






ICNM has been trading under the radar for months! This could be an incredibly well timed opportunity on our parts to cash in on the gain potential inherent in this triple zero gem.





Presently, ICNM's market valuation is trending at a long established support region since late August.





We are now observing ICNM's 50 DMA beginning to increase, a bullish indicator.





But note closely the 200 DMA, presently at 0.0016 providing us with a potential upside of 128% from present valuation.





If we closely observe past trading in ICNM, looking at the past 2 quarters of trading, it becomes apparent that ICNM is testing 6 month highs, which could result in an enormous upside momentum. That's why the 200 DMA is so important.





Additionally, RSI is trending up, confirming the move and the testing of new highs. Get ready folks, this thing can explode to the upside in a moment's notice.





ICNM Moves To Cash In On Marijuana






ICNM is now positioning itself to become a provider of e-commerce and brand management services for the marijuana industry. The company has made some bold moves into the cannabis sector, including:





Securing four premium domain names: Marijuana-x.com, MMJ-X.com, growers-x.com, and edibles.com. The domain names will be used to sell equipment and services to the marijuana industry. They will serve as a social media hub and content sharing platform for the marijuana industry.





Designing and beta testing the first Social Network designed exclusively for the Medical Marijuana, or MMJ, community: MMJ-X.com.





“In connection to the social media platform, we are creating a powerful advertising platform for MMJ Businesses, as well as our other upcoming marijuana-centric website,” ICNM CEO Rob Deakin said in a press release.





MMJ-X.com will offer marijuana-related items for sale, publish classified advertising for the MMJ community, and offer Daily Deals in areas where marijuana has been legalized. Media content on the site will include: news, articles, blogs, videos, photos, and online forums.





About ICNM






ICNM is a diversified technology company with two primary revenue units and two subsidiaries:





An e-commerce group that specializes in high margin e-commerce ventures. This organization sells high-value items and custom framing services through websites and Amazon and eBay storefronts. These items include one of the largest collections of original one sheet movie posters available. Other products include movie trailers, digital press kits, and photos.





A Technical Services Group that provides high-end technical and engineering consulting to the domestic and international wireless industry, broadcasters, government, and the military. Services provided include systems design, frequency coordination, database management, and integration. The U.S. smartphone market grew by 7.2% in 2013, according to IDC.





ICNM’s subsidiary, Spectrum Velocity, offers complete solutions for in-building wireless. The demand for Spectrum’s services is increasing with the growing popularity of smartphones. Smartphones increase the demand for capacity and the need for in-building Wi-Fi solutions.





Another ICNM property, Puntdog, offers high quality t-shirts featuring licensed images of popular superheroes and other popular characters and novelty shirts. Puntdog is well positioned to manufacture and distribute marijuana-themed merchandise, including t-shirts. Puntdog’s expertise with licensed t-shirts puts it in a strong position to provide branded apparel for recreational marijuana businesses.





As you can see, ICNM offers a unique opportunity for taking advantage of the fast-growing marijuana industry.





ICNM has demonstrated an impressive ability to identify new markets and take advantage of them.





Start your research on ICNM right now.





To learn more about ICNM please visit their website: http://www.iconmediaholdings.com/



Regards,

PennyStock Buzz

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