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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Real Brands Inc New (PK) | USOTC:RLBD | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0011 | 15.71% | 0.0081 | 0.007 | 0.0094 | 0.0081 | 0.0081 | 0.0081 | 32,154 | 16:56:01 |
March 5, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- There are three major estimates that make stocks in the industry worth researching. In the report "2019 Update to the State of Legal Marijuana Markets", from Arcview Market Research and BDS Analytics, global sales are expected to grow 38% in 2019 to $16.9 billion and hit $31.3 billion by 2022. That's a compound annual growth rate of 26.7% between 2017 and 2022.
In 2016, Cowen Group sector analyst Vivien Azer released a 110-page report, "The Cannabis Compendium: Cross-Sector Views on a Budding Industry," that outlined a trajectory to $50 billion in global sales by 2026. However, in April 2018, Azer updated Cowen's outlook for the cannabis industry by increasing its forecast to $75 billion in global sales by 2030.
The third estimate, which came out this past week, is courtesy of Wall Street investment bank Jefferies’ analyst Owen Bennett. Bennet says the global cannabis market, which includes sales estimates for 22 countries, should grow from $17 billion in 2019 to $50 billion by 2029, closely matching Cowen's initial estimate for 2026. Bennett's research note suggests that $19 billion of this will be derived from the medical marijuana market, with $31 billion in worldwide revenue coming from adult-use pot.
One potential leader in this growing market segment is Real Brands, Inc. (USOTC: RLBD). RLBD has strong management with a solid background in branding and the beverage industry and plans to expand their holdings focusing on at least three CBD Categories: smokables, edibles and topical balms and lotions. The company just announced it acquired the trademarks: Humboldt Brands®, Hemp-Aid® and HempAid®. This could point to more news in the near future, so start your research today.
Today we are highlighting: Real Brands, Inc. (USOTC: RLBD), Namaste Technologies Inc. (NXTTF), The Green Organic Dutchman Holdings Ltd. (USOTC: TGODF), Cronos Group, Inc. (NASDAQ: CRON), and Aurora Cannabis, Inc. (NYSE: ACB).
Real Brands, Inc. (USOTC: RLBD) (Market Cap: $14.418M, Share Price: $0.1089) is launching a CBD beverage called Omega Hemp Water™. The company is very close to its next production run, meaning there could be major news on the way. The audit on the horizon means this could also be another major event for investors to pay attention to.
The company just announced that they have engaged an accounting firm that is registered with the Public Company Accounting Oversight Board (PCAOB) to complete their two-year audit which could make the company desirable to larger investors. Now’s the time to research RLBD.
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Namaste Technologies Inc. (NXTTF) (Market Cap: $222.356M, Share Price: $0.7247) announced that it has reached a mutually agreed upon settlement with Sean Dollinger resulting in Mr. Dollinger entering into an advisory relationship with Namaste providing transition support to the company to ensure the best interests of the business and stakeholders are met. Mr. Dollinger has withdrawn his previously announced legal application against the company and has agreed to step down from all formal roles with the company, including as a director, which will also enable him to spend more time with his young family and pursue other opportunities.
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The Green Organic Dutchman Holdings Ltd. (USOTC: TGODF) (Market Cap: $847.726M, Share Price: $3.14) received a boost when Owen Bennett of Jefferies initiated the coverage on Green Organic Dutchman with a “buy” rating and a price target of 6.10 Canadian dollars. Jefferies’ “buy” rating appears to have increased investors’ confidence, leading to a rise in TGODF’s stock price.
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Cronos Group, Inc. (NASDAQ: CRON) (Market Cap: $3.801B, Share Price: $21.46) will exit its investment in medical marijuana company Whistler Medical Marijuana and sell its 19% stake to Aurora Cannabis, Inc. (NYSE: ACB) (Market Cap: $7.122B, Share Price: $7.22). Aurora will pay about C$175 million for the stake with Cronos receiving about 2.5 million Aurora common shares worth an aggregate value of about C$24.6 million and another C$7.6 million upon reaching certain milestones.
Legal Disclaimer:
This article was written by Regal Consulting, LLC (“Regal Consulting”). Regal Consulting has agreed to a three-month term consulting agreement with RLBD dated 8/31/18. The agreement calls for $100,000 note issued to Regal Consulting, and 2,500,000 restricted 144 shares of RLBD for three months of service. Regal has elected to convert $73,000 of principal of the $100,000 note into 2,761,872 Restricted 144 shares of RLBD. Regal Consulting has agreed to a twelve- month term consulting agreement with RLBD dated 1/4/2019. The agreement calls for $10,000 in cash and 500,000 shares per month. All payments were made directly by Real Brands, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. RLBD was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
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