Branded Legacy Inc (BLEG)

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The Hemp Industry Is Booming & This Stock Could Benefit By Gaining Over 300%.

Wednesday’s pick gained 155% over the previous close making it FIVE STRAIGHT WEEKS with at least one 100%+ gainer each week.

Could the streak continue? ABSOLUTELY.

My new pick features an upside of 323% and the stock is positioned for what could turn out to be one of the biggest runs in the hemp industry.

Despite the market hitting all time highs earlier this year, there is still plenty of growth in some sectors of the economy.

For example, the hemp-derived cannabidiol (CBD) is projected to a $1B market in three years, according to Brightfield Group.

Now, CBD has an extremely small percentage of THC in it. Therefore, CBD is not psychoactive. Patients and consumers use it for its healing properties and not for recreational use.

In 2016, this sector saw sales of $688M. And according to the Hemp Business Journal, the hemp retail market is expected to grow at a five year 22% CAGR.



Additionally, Research and Markets projects the global CBD oil market to grow at an astonishing compound annual growth rate of nearly 40% between 2017 and 2021.

CBD is legalized in many states, and there’s immense growth potential in the space. Companies producing CBD- and hemp-products could see a strong rise in earnings. Consequently, this should drive their market caps significantly higher.



One company has been making waves in the space, and have a diversified product line in the CBD and hemp industry…

Elev8 Brands, Inc.

(OTCMKTS: VATE)

Elev8 Brands, Inc. (OTCMKTS: VATE) Develops and markets hemp-based food, beverages, and healthcare products. Some of these products include a hemp based coffee and hemp tea.

ELEV8 Hemp Coffee



Premium blends from places like Columbia, Guatemala and Brazil. Each brand of coffee is infused with hemp protein powder.

ELEV8 Hemp Tea



Quality organic tea, infused with microencapsulated Canadian hemp seed oil, formulated into a soluble, homogenous powder.

ZOE CBD



ZOE CBD tinctures include high quality Colorado grown industrial hemp extract.

RELIEF-SALVE is designed to relieve aches and pains.

ZOE Lotion is used as an anti-inflammatory, packed with 250mg of CBD per bottle.

With a diversified product line in a fast growing industry, there is no telling how high shares of the stock can go.

VATE Chart Shows This Stock Is Ready To Surge Again



(Source: Trading Vioew)

On Feb 8, 2018, VATE closed at $0.04 per share. The firm’s stock price has traded in a range between $0.0067 and $0.1695 over the last 52 weeks.

Shares of the stock are trading above the key 100-day moving average and have appeared to have found some levels of support here.

The previous level of support led to a bounce that dished out gains of over 1,200%. VATE’s history shows us that this stock tends to move wildly and deliver some of the biggest gains around.

Another key factor is the RSI. Something that all of my alerts this year that gained 100% or more shared is an RSI indicator that was heading into oversold territory…

In the case of VATE the RSI is sitting at 33 indicating the stock is strongly oversold.

What does this mean?

It’s simple: a huge bounce could be right around the corner and on Friday we could see a massive day of profits.

According to OTC Markets, on average, about 4M shares trade daily (30-day average). As of Feb 7, the company had a market cap of about $19.5M.

Also, VATE could lead to a big day of profits, especially when you line up current share prices against the 52-week high...

Traders getting in at this level could profit by up to 323%.

In Their Own Words: Elev8 Brands, Inc.

Specializes in the development and marketing of products for the fitness and wellness markets. The company is founded based on creating high-quality, sustainable, products for health-conscious consumers.

Elev8 Hemp LLC is a wholly-owned subsidiary of Elev8 Brands, Inc. which focuses on the development and marketing of hemp-based food, beverage, and health care products including hemp coffee, hemp water, and hemp-based skin care products. 02 Breathe is a wholly-owned subsidiary of Elev8 Brands, Inc. which focuses on their oxygen bar while bringing in an array of CBD products. O2 Breathe carries CBD tinctures, CBD vape, CBD lotions and message products. 02 Breathe is currently looking to offer CBD at their oxygen bar.

Most Recent Company News:

Hemp Authority will be the first location in California to carry Elev8 Hemp Coffee and Tea

ROCKLEDGE, Fla., Jan. 09, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- Elev8 Brands, Inc. (OTC Pink:VATE), a holding company focused on the commercial development of hemp and CBD-based products including hemp coffee, tea, E-juices, CBD Lotions and CBD Tinctures that target the health and wellness markets, is pleased to announce Elev8 Hemp Coffee and Elev8 Hemp Tea is now available in the Hemp Authority store located at 12028 Chapman Ave. Garden Grove, CA 92802.



Elev8 Brands has made its way to the west coast, announcing that product is now available at a brick and mortar store in Garden Grove, CA. Elev8 Brands has continued to make its presence known as it adds more locations across the country. The Company has been looking to penetrate the CA market and now has secured the first of many retail locations on the West Coast.



CEO of Elev8 Brands, Ryan Medico, stated, “Our team is very excited to have our first retail presence in California. We plan to expand in this market and gain exposure for our brand. We have made giant strides in the short period of time that Elev8 Brands has been in business. 2018 will be a huge year for us.”



Hemp Authority (hempauthority.com) is your source for the highest quality hemp apparel, accessories, beauty products, and more. They are based out of Orange County, CA with partners across the United States committed to helping them reach their vision and mission of providing top quality, affordable hemp products in a variety of fields using sustainable methods and innovative processes.

Hemp Authority Owner, Jesse Clymer states,” We have a shared vision of bringing all of the health benefits of hemp to consumers via high quality, premium products. We are excited to be able to offer Elev8 Hemp Coffee and Tea to our customers.”

Bottom Line: VATE Could Gain Up To 323% Starting Friday

VATE is in a fast growing sector of the economy, the CBD and hemp space.

Shares of the stock hit a 52-week highs just a few months ago and appear to have some support at these levels. Shares of the stock are trading above the 100-day moving average, a bullish indicator that momentum and trend traders follow.

Now, if the stock can recapture 52-week highs, you could see gains upwards to 300% if you can get involved and ride it up from here.

For your own due diligence, visit here:

http://elev8hemp.com/



Warm Regards,

Alexander Reeves
[e-mail]




Sources:



https://www.otcmarkets.com/stock/VATE/profile




http://elev8hemp.com/




https://finance.yahoo.com/news/hemp-authority-first-location-california-133854138.html




http://zoecbd.com/products.html




https://www.brightfieldgroup.com/


https://www.hempbizjournal.com/market-size-hemp-industry-sales-grow-to-688-million-in-2016/


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