Major acquisition news this morning

Published: Thu, 10/12/17


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Good morning all,

I hope you had a chance to read my profile of today's trade idea, PUFXF.

This morning the Company announced some very big news that could be just the catalyst we're looking for.

PUFXF announced it has entered into an agreement to purchase Natures Hemp Corp., a private company developing proprietary hemp base food and medicinal products with a major Canadian university.

PUF Ventures to Acquire Hemp Based Food and Medicinal Product Lines

VANCOUVER , Oct. 11, 2017 /CNW/ - PUF Ventures Inc. ("PUF" or the "Company") (CSE: PUF) (PU3.F) (PUFXF), an advanced Access to Cannabis for Medical Purposes Regulations ("ACMPR") license applicant, is pleased to announce that it has entered into an agreement to purchase Natures Hemp Corp., a private company developing proprietary hemp base food and medicinal products with a major Canadian university. Terms of the transaction have not been finalized.

"We are building a global, vertically integrated cannabis company and Natures Hemp with their hemp based food and medicinal products and plans for cultivation is a natural fit with our overall strategy for PUF," said Mr. Derek Ivany , President and CEO of PUF Ventures. "The market for hemp based products is growing at a phenomenal rate. Natures Hemp is currently working closely with senior levels of provincial and federal governments for its application for hemp cultivation and to secure development grants and loans for a new facility in Ontario . The facility will allow for greater product development, and processing and packaging new lines of food and other hemp based products expected to be launched by the summer of 2018. We appreciated the government's continuing support for Natures Hemp and look forward to completion."

Natures Hemp Corp. is a private company based in Vancouver, B.C. and is currently in the process of applying for a license to cultivate hemp in Canada and one other international jurisdiction. It is also working with a major Canadian university, with the goal to develop proprietary methods cannabidiol (CBD) extraction from seeds and other parts of the plants, to create high quality oils and flours. In turn, Natures Hemp will use these products to create high quality and healthy hemp based food and medicinal products.

While hemp is traditionally known for its use in textiles due its long and strong fibers, it is the hemp seeds that are critical in creating healthy food and medicinal products. Seeds are typically pressed to produce oil and the remaining byproduct is processed into a flour from which products like pasta, baked goods and other healthy foods can be created. Hemp seeds are being recognized as a superfood, like flax and chia seeds, because they are high in protein, contains 20 amino acids, and are also high in the fatty acids omega-3 and omega-6.

CBD is a natural compound found throughout the seeds, stalk and flowers of hemp plants. It is a cannabinoid that occurs naturally in significant quantities in hemp and, because it has shown to be non-psychoactive, is an appealing option for food and medicinal products. Scientific and clinical research is ongoing but early indications show that CBD is a potential treatment for patients looking for relief from inflammation, pain, anxiety, psychosis, seizures, spasms, and other conditions. Potential health benefits from hemp food products include weight suppressant (high in fiber), immune-system booster, and an ability to lower blood pressure and cholesterol.

Hemp and hemp derived CBD products are among the fastest growing segments in the cannabis industry. A recent article published in The Hemp Business Journal indicated an expected CBD consumer market of $2.1 billion by 2020.

https://finance.yahoo.com/news/puf-ventures-acquire-hemp-based-060100018.html

All the best today.

SmallCapMomo.com


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Traders and Investors,

Today's new trade idea has a whole lot going for it.

All eyes on PUF Ventures Inc (PUFXF) for Thursday's trading session.

PUFXF has BarChart.com's very highest rating, and its easy to see why.

The chart is a perfect example of what trader's look for - well defined support & resistance levels, strong momentum and increasing volume, and some very big recent news catalysts.



Here are some more compelling reasons why you should take a very close look at PUFXF now...
  • PUF Ventures is reporting Total Cash of $1.8 Million
  • PUF Ventures is reporting Total Assets of $3.9 Million
  • PUF Ventures has very little Debt
  • PUF Ventures working on a 1 Million Square Feet Grow Facility in Australia with over $1 Billion in sales potential
  • Board of Directors includes former Law Enforcement (Drug Squad, Narcotics Enforcement)
  • Advanced Staged ACMPR application in Canada with fully build $1.5 Million Facility
  • CBD product lines and German Sales Agreements in place
  • Track record of divesting assets at a profit for shareholder value
  • CSE Composite Index Listed
  • VP of Marketing former Co-Founder of Bodog Entertainment, took it from $5 Million in Revenue to over $1 Billion
Source: http://www.pufreport.com/


About PUFXF

PUF Ventures Inc (PUFXF) is a standout publicly listed company in the US, Canada and Germany, and operates in the medical marijuana sector.

It owns a majority interest in AAA Heidelberg Inc., a private Ontario company that is an advanced applicant for an ACMPR license from Health Canada. 

The Company has an option to acquire the balance of shares to own 100% of AAA Heidelberg Inc. upon receipt of the ACMPR license.

Through a supply agreement with Canopy Growth Corp., the Company has joined CraftGrow, a collection of high-quality cannabis grown by a select and diverse set of producers, made available to the Canadian market through the Tweed Main Street website.

While it cannot guarantee nor estimate the timing of the issuance of a license to AAA Heidelberg Inc. it is management's goal to become a leading supplier of medical marijuana in Canada.

In addition to its flagship AAA Heidelberg project, the Company also have in development a revolutionary product they call WeedBeacon.

WeedBeacon

Currently in development mode, PUFXF's WeedBeacon BETA is destined to change how medical cannabis usage is tracked. For the medical community, this interactive app tracks real-time cannabis usage where physicians can review patient intake and how certain cannabinoids have benefited their patient. From a social perspective and aimed at the recreational market in the USA, our social functionality allows users to share in real-time what they're smoking, and connect them to a web of like-minded cannabis smokers.

WeedBeacon is the first of its kind THC and Cannabinoid tracking vaporizer kit. Via bluetooth, WeedBeacon connects to mobile & tablet devices allowing its users full tracking of over 1000 strains of marijuana currently on the market.

The WeedBeacon vaporizer set is equipped with all the necessary attachments to smoothly vaporize oils, waxes, loose leaf and e-liquids. This covers every type of delivery for medical marijuana and recreational marijuana currently on the market.

WeedBeacon is synced to the official WeedBeacon app that is compatible with all iOS and Android devices as well as traditional web mediums for desktop users.

You can learn more about PUFXF at their website http://puf.ca/



Major News Catalysts

There have been some major news catalysts help fuel the breakout chart.

Just two weeks ago, PUFXF announced that it has agreed to a strategic partnership with the Richmond Valley Council, the local government in the Northern Rivers region of northeastern New South Wales, Australia , to construct a 1 million-square-foot greenhouse operation, with large scale manufacturing, processing and office facilities for the cultivation, production and manufacture of medical cannabis and associated products in Australia.

The construction of the facility will be completed in stages at an estimated total cost of C$50 million . The first phase of the project is to cover approximately 300,000-square-feet which upon completion will be the largest medical cannabis greenhouse in Australia . The first crop, based on current construction timelines, permitting and various Australian approvals, is expected to be planted in the fourth quarter 2018. 

At full scale, the new facility will have the capacity to support annual production of 100,000 kilograms of high quality cannabis, which equates to an associated annual revenue generation potential of between C$800 million and C$1.1 billion

And just last week, PUFXF updated the market on the progress made at its majority owned AAA Heidelberg growing facility in London, Ontario.

Since late June, when the PUFXF announced the update, the Company has completed the installation of an air purification unit, renovation of office space and employee break areas, sanitization and purification of the facility, and installation of perimeter security fencing. Now the final step is the security system installation.


Conclusion

We think PUFXF is perhaps one of the most exciting trade ideas we've seen in a while. 

PUFXF has a breakout chart with plenty of momentum, strong recent volume, a tight level 2, well defined support & resistance levels (risk/reward) and major recent news catalysts.

In addition, PUFXF hit a recent high just a few weeks ago that is some 35% higher than its current price.

Throw in PUFXF's strong fundamentals, solid balance sheet and growth projections into the mix and we could have a major winner on our hands.

In the same vein as some of our other huge medical marijuana winners in the past, we think PUFXF could make an excellent trade over the short and longer term.

Make sure research on this trade idea is your priority this morning.

 
 
To your success,
 
SmallCapMomo.com
 
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Remember our key trading rules when trading. Capital preservation is key. Keep your stops tight, and if things don't go your way, cut your losses and look for another opportunity.
 

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