RE:Over 7.5MM tradedBig promotion of the company coming this week from paid promoters called Small Cap Canada.
They've been lucky with their last few picks, but they tend to go up quickly, then back off just as quickly. Be sure to read their disclaimer at the end. Probably all the buying on Friday was by people who knew they were going to start pushing the stock this weekend. Always good to get in ahead of the general public!
Here's what they sent out today:
Today we’re focusing on a very timely profile that could erupt next week:
Currently at just 0.015, our new focus has a 52-week high of 0.115
Industry growth skyrocketed 792% in March!
It has “quick mover” potential that could make for a very exciting week ahead
Recent news release has them in a terrific position to capitalize in a market projected to sky rocket
Just received authorization from Health Canada
Expect to commence sales of new product in “June 2020” (June starts tomorrow!)
We’ll just point out, our last three reports highlighted this very same scenario- big news that had gone relatively unnoticed by the larger markets. Simply put, we have what amounts to a potential ground-floor situation with very real operations in place.
Not only do they have operations in place, they are growing at an alarming rate:
Reported Assets July 31, 2019: $2,482,601
January 31, 2020 Reported Assets: $3,375,096
That’s 36% growth in six months!
And like we said, they just announced huge news in late May that could deliver further gains in the very near future.
Here’s the news:
Primo Nutraceuticals Inc. (CSE: PRMO) has received its NPN (natural product number) from Health Canada. Primo Nutraceuticals hand sanitizers meet Health Canada's requirements for safety, effectiveness and quality.
Primo Nutraceuticals Inc. Receives NPN (Natural Product Number) from Health Canada
Product Page (Direct Link):
www.primoceuticals.com/shop#!/Primo-Lemon-Hand-%20Sanitizer-60/p/197662415/category=0
And here’s what that news means, Primo Nutraceuticals Inc. (CSE: PRMO), is cleared to enter a market that is expected to see tremendous growth over the next several years.
Sales and use of hand sanitizer has gone up drastically in recent months as people seek to keep their hands germ-free amid the COVID-19 pandemic.
According to Statistics Canada, hand sanitizer sales rose 792% during the first week of March, compared to the same week last year.
By April 11 sales had slowed somewhat, but only to a 345 per cent increase compared to the year prior.
We’re all familiar with heightened safety precautions and practices that have been brought on by the Covid-19 pandemic but it’s important to understand that these precautions and practices are not destined to be a passing fad.
Just look at the numbers and projections:
According to Fortune Business Insights, in 2018 the Hand Sanitizer Market stood at USD $1.22 billion.
That same report showed North America generated USD $464.51 million in terms of revenue in 2018 and is set to dominate in the near future.
According to Reports and Data, the Hand Sanitizer Market will reach an estimated valuation of USD 7.32 Billion by 2027.
This same source says the Hand Sanitizer Market will register growth at a rate of 11.3% for the forecast period of 2020 to 2027.
We are talking about a 500% gain in terms of value from 2018 to what is projected in 2027.
And here’s why we are so excited about CSE:PRMO and see this as a unique ground-floor situation right now, they closed last Friday at 0.015.
We’re about to introduce you to CSE: PRMO but just keep this in mind:
A company with over $3.3 million in assets
A company that just released huge news regarding their entrance into a massive market
A company that has approval to distribute hand sanitizers to health care and commercial settings across Canada
And yes, CSE: PRMO closed at just 0.015 on Friday!
June 2020 Special Alert:
Primo Nutraceuticals Inc. (CSE:PRMO)
Current Assets:
$3,375,096 (January 31, 2020)
Websites:
www.mariannacorp.com
www.primonutraceuticals.com
Quote:
thecse.com/en/listings/life-sciences/primo-nutraceuticals-inc
Corporate Presentation:
Primo Nutraceuticals (CSE:PRMO) PDF Presentation
Shop:
www.primoceuticals.com/shop
In their own words, PRMO “is dedicated to financing the rapid growth in production, processing, retail and branding of cannabis and non-cannabis-related products in Canada and the United States.”
“Primo's management is in the process of building a corporate road map to further vertically integrate the Company, specifically by way of "Primo" branded retail outlets - offering "Thrive," "Primo," and a selection of curated partner brands. The Company possesses proprietary formulas for cannabis edibles, topical, and tinctures. Primo is focused on building a strong presence in the hemp industry with the objective of extracting and selling cannabinoids (CBD) products in both Canada and the United States.”
Now we pointed out PRMO’s most recent news release above, what should not be overlooked is that the news clearly states:
“Sales are to commence in June 2020” ... as in any day now!
To take it a step further, when sales commence we could see even more press releases coming from PRMO and that means the potential for more notoriety and more attention.
Among the most impressive qualities of PRMO is their ability to move quick, one week prior to receiving their NPN (natural product number), they announced they had received the ability to import hand sanitizer for the duration of the COVID-19 emergency response from the health products and food branch of Health Canada.
As noted in the press release, “This licence specifically authorizes the licence holder to manufacture, package, label and/or import "anti-septic skin cleansers/hand sanitizers" as described in the product monograph provided by Primo Nutraceuticals to Health Canada.”
In addition to these two big developments PRMO also further advanced an LOI with Marianna LLC (Beauty Kitchen), announced in the company's news release dated March 31, 2020, and has signed a definitive agreement to complete the transaction.
This is big news.
Beauty Kitchen is a company that manufactures fresh handmade beauty care, personal care and cosmetic products. It was born from the hugely popular Beauty Kitchen YouTube Series, with do-it-yourself beauty recipes made with common kitchen household ingredients. Due to their huge success and major celebrity following, the company and Founder Heather Marianna decided to expand into the Canadian market under the brand name Marianna Naturals Corp.
Marianna Naturals Corp. has been granted the exclusive Canadian distribution rights to its CBD infused and non-CBD infused products in handmade beauty care, personal care and cosmetic products. The signing of the definitive agreement gives PRMO 25% ownership in Marianna Naturals Corp!
There is considerable upside to this transaction when you consider Beauty Kitchen is regularly featured in:
Forbes, The Source, MTV, Bravo, The New York Post, People, Flipsnack, Vegas, Star Magazine, Radar Online and many more media outlets with a large following of celebrities who use their products which include; Sean "Puffy" Combs, Christina Milian, David Arquette, George Lopez, Larissa Lima, Shark Tank's Barbara Corcoran, Candace Cameron, Jen Harley, Lou Ferrigno, The Real Housewives of Beverly Hills and others.
It would be easy for us to continue listing highlights but as we’ve seen with our last several reports, sometimes the quality of the company and the opportunity that is present speaks volumes.
Keep in mind CSE: PRMO is sitting at 0.015.
Activity is growing, but light.
All of that could change VERY quickly VERY soon.
We mention this again because the company’s 52-week high is 0.115 while their 52-week low is 0.005.
Tonight we are focusing on a company that very well could be on the verge of a breakout following big news. If it were to reach that 52-week high again, it could represent a vertical move of more than 650%.
Of course, we’re not suggesting PRMO will just breakout and run to that previous high, but even a fraction could still be highly exciting to watch!
CSE:PRMO closed at 0.015 on Friday.
At 0.015 it is significantly closer to the annual low, potentially indicating significant room to the north if it were to see a sharp rise.
Don’t sit on your hands, this situation could be heating up.
We urge members to take swift action to start researching CSE:PRMO right away! This could be an exceptional situation developing as we speak.
As always, we encourage you to do further research. Also, when you find yourself in a position to profit, it is often wise to do so.
Very Best Regards,
Editor, SCC
Sources Include:
https://storage.snappages.site/csrtmkbn6n/assets/files/Primo-Nutraceuticals-Deck-April-2020.pdf
https://www.mapleridgenews.com/news/b-c-poison-control-sees-spike-in-adults-children-accidentally-ingesting-hand-sanitizer/
https://www.globenewswire.com/news-release/2020/05/21/2037011/0/en/Hand-Sanitizer-Market-Size-Worth-USD-1-96-Billion-by-2026-Rising-Awareness-Regarding-Hygiene-Practices-to-Boost-Growth-States-Fortune-Business-Insights.html
https://www.prnewswire.com/news-releases/hand-sanitizers-market-worth-2-76-billion-by-2025-exclusive-report-by-infinium-global-research-301059980.html
https://jewishlifenews.com/uncategorized/hand-sanitizer-market-size-is-expected-to-reach-7-32-billion-by-2027-rising-at-a-market-growth-of-11-3-cagr-during-the-forecast-period-top-players-are-3m-company-godrej-consumer-products-ltd-a/
https://www.stockwatch.com/News/Item?bid=Z-C%3aPRMO-2910122&symbol=PRMO®ion=C
https://www.stockwatch.com/News/Item?bid=Z-C%3aPRMO-2906745&symbol=PRMO®ion=C
https://www.stockwatch.com/News/Item?bid=Z-C%3aPRMO-2899858&symbol=PRMO®ion=C
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