An interesting opportunity for short term growthFeast your eyes on Neutrisci International
Symbol : NU.V
Let me preface this with saying I'm NOT advising you buy, just sharing an option I have been invested in for 2 years, it's positives and negatives for the short term and why I loaded up recently.
Neutrisci owns proprietary tech for infusing products with THC/CBD which decreases onset time and increases length/consistency of effects. They've also got an energy tablet that is sort of sidelined with the current focus on expansion of their THC/CBD product line.
Short term pros: Recent expansion into Japan with CBD tablets distributed by Tabletz LLC, 5 year distribution deal
Adding dispensaries in California after a long awaited approval process in a stringent state as far as health guidelines
Newly announced expansion into Washington, over 400 dispensaries, multiple SKUs from Cryopharm, and links to Nevada/Michigan/Oklahoma through that deal
Short term cons: Company has a history of getting delayed in approvals processes, so the December launch in Washington could easily be delayed
Corona virus has California on the verge of locking down again, which would impact our product that does well in retail setting
The price has stood strong in the 12.5c-15c range since the japan announcement and products are finally getting on shelves in Japan AND the long awaited California. Its all of these things in the pipeline that lead me to double my position and up my average...
After bouncing back from a near reverse split around the new year, and some private placements diluting the shares outstanding with some pretty fluff news releases, its finally showing signs logically (and TA wise) that its a very good position to take.
Here's the link to the main company's site as well as their partners in both Japan and California.
https://neutrisci.com/
https://tabletz-cbd.com/ - Japanese prodcut
https://www.cryopharm.com/products/#1566947953721-9622b91b-5572 - Cali/Washington products (all but cafe maria)
Strong believer in helping all ships rise with the tide, so do your own DD, and see you on the NU.V board.