NIA is extremely pleased by its accurate prediction in March that California cannabis stocks would become the hottest plays in the entire market. This reminds us of our accurate prediction eleven months ago on June 4th, 2018 that CBD-infused beverage stocks would become the hottest plays in the entire market. At that time, NIA said that when CBD-infused beverage stocks become hot later in 2018, Koios Beverage (CSE: KBEV) would become the #1 CBD-infused beverage play.
NIA was right, in September 2018 CBD-infused beverage stocks became the hottest plays in the market and NIA by far sent more alerts about KBEV than any other company. Between September 4th and September 24th, KBEV rose from $0.20 per share to a high of $1.05 per share for a gain of 425% – making KBEV for those three weeks not only the #1 best performing CBD-infused beverage stock, but the #1 best performing stock in the entire market, period.
Most recently on March 8th when NIA accurately predicted that California cannabis stocks would become the hottest plays in the market, NIA suggested Transcanna (CSE: TCAN) at $3 per share as its #1 California cannabis stock suggestion. Between March 8th and April 25th, TCAN gained by 159.67% to a high of $7.79 per share making it the #1 best performing California cannabis stock and the #2 best performing overall cannabis stock in the entire market. The only cannabis stock to achieve larger gains during this seven week period was Body and Mind (CSE: BAMM) a Nevada focused cannabis stock.
We have heard from countless NIA members who made a fortune on TCAN, but we are also well aware that not every NIA member took advantage of it at $3 per share. Some NIA members informed us that they were skeptical about TCAN at first because it didn’t have enough cash on its balance sheet to pull off all of the acquisitions it had planned, but they finally pulled the trigger to enter TCAN on April 2nd when NIA confirmed that their original $10 million private placement was 60% oversubscribed and ready to close within the following 48 hours to raise the company $16 million. TCAN gapped up on April 2nd to open at $5.07 per share and continued rising throughout the day to finish up 19.87% to close at its high of day of $5.49 per share on record volume of 703,470 shares.
Over the following three weeks, TCAN rose an additional $2.30 or 41.89% to peak at $7.79 per share after HUGE news that Canopy Growth (CGC) was acquiring California cannabis stock Acreage Holdings (CSE: ACRG) for $3.4 BILLION, a company that NIA previously said it was following very closely along with TCAN, but accurately predicting TCAN had much greater upside potential and would outperform ACRG. Yesterday, the largest publicly traded U.S. cannabis company Curaleaf (CURA) announced that it was acquiring the privately held California cannabis company Cura Partners for $1.27 BILLION!
NIA’s President is currently in California where he is meeting with privately held California cannabis companies that are looking to go public later this year. In addition, he is interviewing numerous cannabis entrepreneurs for his upcoming Leaders Create Leaders episode about the California cannabis market. NIA hopes to announce its new #1 California cannabis stock suggestion within the next week or two.
For the time being, if you want to make short-term money prior to NIA’s announcement of its new #1 California cannabis stock suggestion – check out Jones Soda (JSDA). It has just surpassed its key breakout point to close yesterday at $0.855 per share. A major cannabis company appears to be attempting to take over control of JSDA by buying up all of its shares in the open market to turn it into a CBD-infused beverage company. If they are successful, JSDA has potential to become a $5 per share stock later this year. Their products have massive nationwide distribution in the U.S. and there is no better acquisition target for a cannabis company looking to gain one of America’s strongest most well-known beverage brands with nationwide distribution to rapidly roll-out a major CBD-infused beverage product once cannabis gets legalized on a national level. JSDA’s current market cap here at $0.855 per share is an insanely low $36 million. Jones Soda is a household name in America and could one day become the leading U.S. CBD-infused beverage brand.
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 previously received compensation from a third-party ROK Marketing of $40,000 cash for a one-month TCAN investor relations contract. NIA previously received compensation from KBEV of $80,000 cash for a 3-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.
Preparing Americans for Hyperinflation
