Future products will include canned hemp beverages -- iced hemp coffee and iced hemp tea
Beverage stocks typically outperform other subsectors in the MJ/Hemp sector
Everybody has an online presence these days, but they also operate 2 brick and mortar stores with a 3rd on the way by the end of this month, where they can showcase their products
Everybody will be looking to invest in hemp products once hemp is federally legalized later this Spring
But even before the day it is legalized, as we move through the Spring and draw closer to its legalization, media attention will continue to increase and many new investors will discover that hemp is investable
But similar to MJ stocks (aside from a handful of pharmaceutical plays on the Nasdaq), the only way to gain investment exposure to hemp is on the OTC, due to its federal illegality
There are a huge number of MJ stocks -- over 250 in fact
Yet despite this abundance of MJ stocks, whenever there is a mania, a large majority of these stocks go on tears, and a smaller minority experience epic runups
There are less than a dozen legitimate hemp stocks with products, and on closer examination, only a handful are even worthy of potential investment -- so due to the much smaller sample size, in a Hemp Mania the gains have the potential to be truly astronomical
I looked very closely at all of the hemp stocks last year, and VATE was the best one when taking into account predictive factors that determine the extent of % gains inside of a mania
The masses will pour into VATE the day after hemp is legalized, and for weeks and months afterwards -- I like to get in before the crowd
I strongly believe the SUPERMANIA in 2018 will be in Hemp Beverages -- there are few markets in the beverage sector larger than coffee & tea, and ELEV8 HEMP COFFEE & TEA are selling extremely well, with a quarter over quarter revenue increase of 75% -- Amazon is having tremendous difficulty keeping VATE's hemp coffee in stock
VATE is the best stock in this subsector, for reasons I have outlined in many of my posts on this board, as well as the other one
As an aside, hemp and CBD stocks are technically cannabis stocks and therefore considered part of the MJ sector -- so they also participate in any MJ sector manias as well
The same cannot necessarily be said for MJ stocks during a Hemp mania -- we haven't had one yet so we don't know for sure, but it is certainly preferable to own a hemp stock during a hemp mania
Either way, I like the idea of owning a stock that has the potential to participate in both an MJ Mania and a Hemp Mania in 2018
And VATE fits the bill perfectly and is extremely well-positioned to participate in the upcoming 2018 HEMP SUPERMANIA, where the biggest % returns in any mania are attained
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