New Colombia Resources Inc fka NEWC

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This Company Requires Your Immediate Attention!

This Company In The Marijuana Space Requires Your Immediate Attention

http://seekingalpha.com/instablog/47319258-itipsdaily/4901805-company-marijuana-space-requires-immediate-attention

This Company In The Marijuana Space Requires Your Immediate Attention 0 comments
Jul 22, 2016 12:31 PM | about stocks: NEWC
The marijuana industry in the United States has been one of the fastest growing industries that we have ever seen. In fact, The New York Times classified it as "the next gold rush." During 2014, the cannabis industry generated just $351 million. The next year saw a growth of 184% to $998 million. This has not stopped yet, though. By the end of 2016, the cannabis industry in the United States is expected to generate $7.1 billion, according to a report from ArcView Market Research. Obviously, the industry is seeing tremendous growth and there are dispensaries shooting up wherever it is legal.

But there isn't much that set these companies apart; they all sell marijuana. No one company in the United States is significantly distinguishable from another. Notice the words "in the United States." One company, New Colombia Resources, Inc. (OTCPK:NEWC), is a Colombian company listed in the United States that focuses on the acquisition and development of high-quality metallurgical coal properties and other available resources in the Republic of Colombia and have now begun to distribute marijuana products through their joint venture, Sannabis SAS. The listing in the United States presents a tremendous opportunity to investors and here is why:

First of all, Columbia legalized medical marijuana very recently. Colombian President Juan Manuel Santos decided to legalize the drug in December as an effort to combat the war on drugs. This is significant because there is room for tremendous growth, similar to what we have seen in the United States. As previously mentioned, the United States has seen a growth of 184% in just a year, and is going to see even more in the future. It is certainly safe to look at this as an example of the potential for Columbia. It would not be at all surprising to see similar growth there, which has made the decision operate in Columbia very wise; it makes New Colombia Resources, Inc. the pioneers of the industry in Columbia.

Timing can't be everything, though; the circumstances are certainly in favor of the company. When Santos announced the legalization of medical marijuana, he stated that it would be fully legal to cultivate, process, import and export cannabis and its derivatives for medical and scientific use. This means that medical marijuana is available to the entire country of Columbia in comparison to the United States, which has seen incredible limits on the industry. For instance, only twenty-five states and the District of Columbia have legalized medical marijuana. Some states, such as New York, haven't even started to distribute the product. Therefore, New Colombia Resources, Inc. has the potential to reach a significantly larger consumer base than the base that dispensaries in the United States have been reaching.

Another extremely important component of the legalization in Columbia was the ability to import and export. In the United States, it is illegal to carry marijuana over state borders, which also restricts the industry. This is just another advantage that the company will likely benefit from. Just to recap, the fact that Columbia's medical marijuana industry has been entered into so early, as well as the fact that availability is less restricted in the country, means that New Colombia Resources, Inc. has the potential to be much more successful than some companies in the United States have been.

The company not only looks good for the future but has been producing results now. On July 20th, Sannabis products were being displayed at an inaugural event for Caucannabis, Colombia's first medical cannabis co-operative along with fifty-two Indigenous families that are going to legally grow medical cannabis. Caucannabis was formed by mayors of the Department of Cauca, home to Sannabis and Colombia's largest cannabis growing region, where 50% of the country's marijuana is cultivated. The inauguration made major headlines thanks to the visit from Colombia's Ministers of Justice and Health, who support this co-operative.

"We expect to be the first ones with significant products to export that is Made in Colombia, we have experts in marijuana cultivation from Colorado and Washington on their way to Cauca by the end of the month to teach the indigenous community U.S. techniques and vice versa," John Campo, President of New Colombia Resources, Inc., said.

This is not the first time that their joint venture has made headlines. On June 28th, the company announced an Increase in local distributors as well as international interest for medical marijuana products that are made in Colombia. Sannabis decided to increase the minimum orders for distributors to meet the growing demand for their medical marijuana products. They are also setting up international buyers that wish to import Sannabis products to their home countries. In addition to that, Sannabis held Colombia's first Cannabis forum that same week and was very content with how it turned out. The auditorium was absolutely full. Sannabis increased its distributors and doctors on their team and will be hosting more forums in other cities throughout Columbia.

As aforementioned, the fact that New Colombia Resources, Inc. is working out of Columbia is extremely beneficial. The company is a pioneer in an industry with a high demand as well as a higher potential outreach than the United States. NEWC has seen an impressive 495% difference over the last ninety days with a low of $0.0084 and a high of $0.05 along with volume reaching as high as 8.8 million. In order to truly be a part of the marijuana "gold" rush, New Colombia Resources, Inc. is a must.

Stocks: NEWC