Charlie's Holdings Inc (CHUC)

[einstock]

CHUC is a player in two MASSIVE trends.

Charlie's Holdings (CHUC) is poised to benefit from 2 multi-billion dollar trends, the shift from combustible cigarettes to electronic devices (vape) and the legalization of marijuana/hemp.

This tiny profitable, no debt, nanocap trades at LESS than 1Xs sales and is completely hidden from Wall Street.

The FDA has made it clear that they want to see smokers shift from combustible cigs to electronic nicotine devices...vaping is considered less harmful.

What most don't know...

Many companies filed PMTAs for tobacco-derived vaping device products and 99.7% have been REJECTED. CHUC is one of the few that is still up for review (because they offer a tobacco FLAVORED product).

The FDA saw companies switch to selling synthetic nicotine products and required them to file ANOTHER PMTA for synthetic nicotine...almost all of them didn't file.

CHUC is one of the few companies that did.

All of those companies that are selling synthetic nicotine products that NEVER filed are selling illegally..and the DOJ is now starting to enforce.

We see so many similarities with $XXII (which we highlighted 10 years ago under $20M valuation).

This ($26M mkt cap) company is so hidden from Wall Street and is sitting on a potential multi-billion dollar licensing revenue stream.

Based on its peers, it should be trading at 2-4Xs sales or .35-.60 a share but it is their 2022 PMTA (and the licensing opportunities) that could make this stock trade at well over $2 a share.