Sunday, May 13, 2018 4:53:01 PM
In 2017 they successfully saturated Colorado with MHBA in over 50 establishments. A pretty good accomplishment in a years time despite a lot of naysayer's misguided and misinformed information.
Now in 2018 SIPC looks to expand nationally which is no easy feat. These regulatory requirements take time and SIPC has informed us that they will be resolved shortly and that Hemp legalization will be a huge advantage towards this end. They have been pretty transparent with the shareholders and haven't led us to believe otherwise.
If you look at the 3 year chart, it has moved right along with the MHBA story enjoying new highs every year. If you look back at history you can see these highs coincided with the mj sector runs. SIPC being a Hemp stock performed well with mj catalysts. It has also proved itself to be sell-off resistant due to the higher lows every year as well. Never retracing to the previous years low.
Now the biggest catalyst the Hemp industry has seen is upon us. Once again looking at history we can forecast this to be the strongest price mover that SIPC has ever seen, to once again hit new highs for 2018. How high can it go? With much fewer Hemp companies than mj companies and federal barriers removed for Hemp but still there for mj, I would say much higher than .09 high from December.
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM