CBDY in the green, make sure you stay on this one

Published: Tue, 08/20/19


 

Subscribers,

Yesterday afternoon we alerted you to our newest trade idea, Target Group, Inc (CBDY) and it popped to $0.10 on nice volume before pulling back into the close.

We think we could see a nice follow through today, so make sure you continue to watch CBDY today.

In case you missed our alert, keep reading below....

CBDY is trading at just $0.09 after pulling back from recent highs of $0.15. Just a few weeks ago it put in a low of $0.06 and its been moving higher ever since.

We think CBDY could be heading back to test its recent highs of $0.15 - and given its 52 week high is $0.30, there could be some significant upside to shoot for.



Canada has legalized cannabis and all but a few States in America have legalized it for either recreational or medical, or both. And we all know the eye watering stats about the global cannabis market, but in case you've been living under a rock for the past few years, here's some highlights for you...
  • Global cannabis market is estimated at $180 BILLION
  • 43$ of Canadian's have used cannabis, and 5.3 million Canadian's have used in the past 3 months.
  • Canada's annual spending on cannabis is around $5.7 BILLION
  • There are more than 288 retail cannabis outlets open in Canada today

Target Group Inc. (CBDY) is a Canadian based, progressive, diversified, and vertically integrated cannabis investment company. Target Group is curating an iconic brand portfolio, leveraging product diversification, innovation, and operational expertise to solidify long-term growth and stability.

The Company owns and operates Canary Rx Inc, a final-stage Canadian cannabis license applicant, and CannaKorp, makers of the pod-based Wisp™ Vapor technology. Target Group is expanding its global operations to build an international network of manufacturing, distribution, and production operations. 

You can learn more about CBDY at their website www.targetgroupinc.ca


Recently CBDY announced that it has entered into an exclusive licensing, manufacturing and distribution agreement with cGreen Inc. for a period of 10 years. The agreement permits Target Group to manufacture and distribute the patent-pending THC antidote, True Focus™, in the United States, Europe and the Caribbean.

The exclusive licensing agreement grants Target Group the rights to the complete True Focus™ intellectual property portfolio, including use of the "True Focus™" trade name, trademarks, logos and art, rights to product formulations, methods and processes. The agreement will facilitate the expansion of Target Group's growing wellness portfolio and position the Company for global manufacturing and distribution.

You can read in full at https://finance.yahoo.com/news/target-group-inc-signs-exclusive-130000657.html

In addition to the above impressive news, back in June, the Company announced that its subsidiary, Canary Rx Inc. ("Canary") has entered into a strategic alliance agreement with CANABC Services Ltd. ('CANABC') to provide consulting and distribution services to Micro License applicants.

CANABC is a medical and regulatory consulting firm that has assisted more than 8,000 patients to obtain medical cannabis documents from Health Canada. Based in Kelowna, British Columbia , the company's consultants have worked with patients across Canada since 2007.

Read in full at https://finance.yahoo.com/news/canary-partners-canabc-consulting-distribution-130000931.html

So now you have CBDY on your radar, I expect you will be ready when the opening bell sounds.

There is just too much good stuff going on with this Company (and the industry) to ignore.

The recent news has been super impressive, and the chart is screaming bullish.



All the best.

SmallCapMomo.com

picks@smallcapmomo.com
 
-------------------------------------------------------------------------------------------------------- 

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.
 

Disclaimer
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. For full disclaimer click here. SmallCapMomo.com is the property of Alpha Stock Media. SmallCapMomo.com employees are not registered as an Investment Adviser in any jurisdiction whatsoever. The disclaimer is to be read and fully understood before using our site, or joining our email list. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein.  Instead SmallCapMomo.com strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. SmallCapMomo.com does not offer such advice or analysis, and SmallCapMomo.com further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be "forward looking statements". Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as "projects", "foresee", "expects", "will", "anticipates", "estimates", "believes", "understands", or that by statements indicating certain actions "may", "could", or "might" occur. Understand there is no guarantee past performance will be indicative of future results. In preparing this publication, SmallCapMomo.com has relied upon information supplied by its customers, and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The advertisements in this website are believed to be reliable, however, SmallCapMomo.com and its owners, affiliates, subsidiaries, officers, directors, representatives and agents have not completed any due diligence or research on the companies advertised herein and disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. SmallCapMomo.com is not responsible for any claims made by the companies advertised herein. SmallCapMomo.com may receive compensation and they, its employees and/or affiliates may own stock that they have purchased in the open market either prior, during, or after the release of the companies profile which is an inherent conflict of interest in SmallCapMomo.com statements and opinions and such statements and opinions cannot be considered independent. SmallCapMomo.com reserves the right to buy and sell shares of the profiled company on the open market before, during or after the release of the company profile. In such an event, SmallCapMomo.com will not update its disclaimer to reflect any shares bought or sold on the open market during the profile coverage. SmallCapMomo.com and its management may benefit from any increase in the share price of the profiled companies and hold the right to close positions they have entered into at any given time including before or after the release of the companies profile. Alpha Stock Media has been compensated one thousand dollars via electronic transfer from a non-affiliated third party for the profile of CBDY. SmallCapMomo.com does not accept compensation in restricted or free-trading shares for its marketing services of the company being profiled. However the third party that has compensated SmallCapMomo.com may hold free-trading shares of the company being profiled and could very well be selling shares of the company’s stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.  If SmallCapMomo.com ever does accept compensation in the form of restricted or free trading shares of the company being profiled and decides to sell these shares into the public market at any time before, during, or after the release of the companies profile our disclaimer will be updated accordingly reflecting the position of those free trading shares received as compensation for our services at the time our promotional material is released to the public, as well as information on our intention to sell these shares during the promotional period or thereafter.