Good morning,

Yesterday's trade idea, Cann American Corp (CNNA), showed signs of promise as it rallied double digits in the morning before pulling back. After its recent move higher, it is holding up well.

We think there could be plenty more upside to come today and over the next few days or weeks.

Remember, CNNA has a small market cap and a history of making massive short term gains, and it is trading right near long term support.

Get CNNA on your screen immediately and be ready for another potentially exciting day ahead.

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Subscribers,

The market continues its roller coaster of historically big moves up and down. The volatility is off the charts, which makes for a great trading environment. 

So we are bringing you are hot trade idea today. Get Cann American Corp (CNNA) on your radar immediately.

CNNA has been perfectly coiling over the past few months and is ready to breakout is a big way.

And given the trading history of CNNA, any breakout could be big!

Just take a look at the chart below, you can see insane gains were made in one day back in December just a few months ago.

And with CNNA's small market cap of just over $3m and its tiny float, we think we could see similarly sized gains in the coming days.



 

Cann American Corp. Announces Second Subsidiary

Company Launches Funding Arm For Cannabis Start-Ups

CLOVERDALE, CA / ACCESSWIRE / March 17, 2020 / Cann American Corp. (OTC
PINK:CNNA) is pleased to announce Seed Fund LLC as a wholly owned subsidiary.

In addition to the company's R&D division under Cannequipt, Seed Fund, or
simply, Seed, will act as an incubator and funding vehicle to help advance
early stage and operating companies that Cann Am believes have strong growth
potential to become solid revenue generators in the cannabis and hemp
industries.

Similar in the way tech accelerators and incubators have operated for many
years, Seed intends to make investment commitments in up to five companies
annually, seeking small equity stakes in each company. The fund will help each
company advance their branding, vision and business models with the intention
that if we hedge our bets across several companies, operating in various arms
of the industry, the company can increase its odds of landing a few that might
be overwhelmingly successful.

The company is currently reviewing two candidates already. One is a unique
infused beverage company near Woodland California that is already operating
and preparing to scale up significantly. The other is a retail concept in one
of the best sections of Oakland California, where the 2600 sq. ft. storefront
has already been retained.

Additionally, if or when the Seed Fund makes an investment in the Oakland
retail project, it has already been agreed that the location may also serve as
a secondary office to Cann American Corp. Thus allowing the company to begin
expanding its presence in the California Bay Area. This has been a strategic
objective for some time.

The company will continue to provide additional updates as this and other
pending events progress.

Read in full at https://www.bloomberg.com/press-releases/2020-03-17/cann-american-corp-announces-second-subsidiary
 

Cann American Corp. Provides Shareholder Update

Company Launches New Division

CLOVERDALE, CA / ACCESSWIRE / December 23, 2019 / Cann American Corp. (OTC
PINK:CNNA) is pleased to announce Cannequipt LLC as a wholly owned subsidiary.

Originally conceived by Jason Black and Patrick King, a Northern California
cannabis industry pioneer, and formed in California in 2014 as a holding
company for agricultural and cannabis equipment rentals, Cannequipt, now a
Wyoming company, is being restructured to serve as an R&D division of Cann
American Corp.

As a condition of the acquisition Cann American Corp. became the 100% owner of
all rights, logos and intellectual properties pertaining to the Cannequipt
brand.

The company has several products and technologies in different stages of
development for which Cann Am believes Cannequipt is the right vehicle under
which to bring them to fruition and ultimately to market.

With Cann American's established history, networks and contacts in the $3
billion California cannabis industry, steady recurring revenue from ongoing
operations and several million in net operating losses (NOL) inherited from
the public entity we believe we can be very successful in developing
disruptive products and technologies without the need for third party
financing.

The company along with Mr. King have already established talks and entered
into NDA's with established industry leaders to advance new concepts and
technologies we believe would be best suited for development under Cannequipt.
More updates on these endeavors will be forthcoming.

Stated company CEO, Jason Black: "Cannequipt was my first formal venture into
the cannabis industry. It gives me great pleasure to see the brand come full
circle on this journey with me. We were able to showcase the company at the
Emerald Cup in Northern California at The Soil King booth a mere few months
after its initial launch about five years ago. I'm really excited for what we
can do with it as a subsidiary of Cann Am now and into the future."

Read in full at https://www.bloomberg.com/press-releases/2019-12-23/cann-american-corp-announces-cannabis-industry-subsidiary


We think CNNA could deliver major gains in the coming days, especially with its small market cap.

The Company has released some major news in recent times and the chart has been coiling for months ready to breakout of its current trading range.

We urge you to get CNNA on your screen immediately.


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.