Thursday, April 30, 2020 4:05:39 PM
1. Their focus is on quality Canna products and there is a big difference between pharma grade and Walmart grade.
2. They have been at this for over 20 years
3. Their financials are decent given the global impact of Covid.
MOSTLY however it is their position in the Florida market. This is from their most recent press release from a few days ago.
"Exactus, Inc. (OTCQB:EXDI) (the “Company”), a leading producer of hemp and hemp-derived specialty cannabinoid products, announced today that it has launched its genetics division to supply farmers with USDA compliant feminized CBD and CBG hemp seeds.
Exactus is proud to expand its product portfolio to become a reliable source for farmers while continuing to provide the industry with the most in-demand hemp-derived specialty ingredients and consumer products, including CBD, CBG, CBN, CBC, and other specialty cannabinoids.
The intention behind Exactus creating a genetics division is that with over 20 years of experience in agriculture the Company is equipped to advise farmers, helping them determine which genetics in the Exactus seed catalog will be superior for each region and farming methodology they are growing in.
This announcement comes just one week after the USDA approved Florida’s hemp plan which several thousand farmers are expected to apply. The Company is anticipating a first to market demand for farmers ready to plant their first hemp crop in Florida, and Exactus is eager to become a trustworthy source of feminized CBD and CBG hemp seeds for these farmers. Because Florida’s climate will allow for year-round hemp cultivation Exactus launching its genetics division comes at an ideal time to begin developing farming partners in their home state.
Why feminized seeds? Because only female plants produce the flowers that give the cannabinoid that are highly desired. No more guess work on the gender of the plants.
And given the prospects of the Florida market EXDI is poised in their home state to be very profitable in the coming months and years. Buy now, I see this as a $8-10 stock in a few years.
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