One year ago on May 15, 2017, NIA announced its first and only marijuana stock suggestion: Cannabis Wheaton (TSXV: CBW) at a price of $1.08 per share. On January 4, 2018, CBW reached a new all-time high of $2.97 per share for a gain of 175% from NIA's suggestion price in only 7 1/2 months! Today, CBW remains at $1.58 per share up 46.3% since NIA's announcement one year ago and is currently trading with a market cap of nearly $700 million!
NIA said in its initial CBW alert that it was extremely bullish about the company due to the fact that it was founded by Chuck Rifici, who previously founded Canopy Growth (TSX: WEED). A few months later on October 30, 2017, Constellation Brands (STZ) the owner of Corona announced that it was investing $245 million to acquire a 9.9% minority stake in WEED, with plans to produce Cannabis Infused Beverages in partnership with WEED!
This news sent WEED from a October 27, 2017 closing price of $12.79 per share up to a high on January 9, 2018 of $44 per share where its market cap reached a peak of $8 BILLION! This is despite the company only having trailing twelve month revenues of $70 million. Today, WEED continues to trade at $30.30 per share with a market cap of $6.04 billion or 86.29X revenue!
In recent months, NIA has been searching like crazy to find a new Cannabis Infused Beverage play. A few days ago, NIA finally discovered a brand new Cannabis Infused Beverage stock that it believes has the potential to make astronomical gains between now and year-end 2018: Koios Beverage Corp (CSE: KBEV). It also trades on the U.S. OTC under the symbol: SNOVF.
KBEV is currently trading for only $0.44 per share with just 50 million shares outstanding and a very low market cap of $22 million. Right now, KBEV is completely undiscovered, but we expect it to soon become the hottest marijuana infused beverage play in the entire market!
At the end of last week, KBEV quietly announced the creation of Cannavated Beverage Co. a wholly-owned subsidiary that will be among the first companies to produce Cannabis Infused Beverages. Cannavated drinks will have all of the nootropic health benefits of KBEV's Koios drink formula, and will target medical cannabis users, who have long called for more choice in the market.
The functional beverage market is quickly becoming the go-to drink-of-choice among a new generation of consumers who want low-calorie, nutrient-dense options. KBEV will supply its proprietary nootropic recipes to Cannavated, ensuring the cannabis drinks have all of the nutrients and flavour that consumers have come to associate with the brand.
Cannavated's longer-term plans include partnering with licensed marijuana producers, cultivators and other regulated cannabis companies who want to sell their own line of cannabis drinks. By entering into a "white labelling" turn-key agreement, cannabis companies will be able to sell Cannavated drinks under their own brand names and labels.
KBEV already has relationships with some of the largest and most reputable distributors in the United States, including Europa Sports, Muscle Foods USA, KeHE, and Wishing-U-Well. Together these distributors represent more than 80,000 bricks and mortar locations across the United States - from sports nutrition stores to large natural grocery chains including Whole Foods and Sunflower markets. Through its partnership with Wishing-U-Well, KBEV also enjoys a large presence online, including being an Amazon choice product.
NIA's first marijuana stock suggestion CBW gained 175% following NIA's announcement one year ago, and NIA believes that its brand new marijuana stock suggestion KBEV has much greater upside potential for between now and year-end 2018!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from KBEV of $80,000 cash for a 90-day investor relations contract. NIA was previously compensated by CBW $20,000 cash for a one-month investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.