$HIPH Finds Support After 65% Fib Retracement from 800% 1st Leg$HIPH Hourly Chart Shows Up Signal Appearance right at Market Close on Friday. The stock has done a 65% Fib Retracement from the 800% high of the first leg. The support level around .035 grew exponentially during the trading day confirming the bottom of the first retracement. Analysis of the candles and chart on the hourly shows this should be support for the next leg up.
The Farm Bill is said to not pass before Sunday however CBD was recently been rescheduled to Schedule 5 therefore nullifying the need for the Farm Bill passing.
In addition there are multiple catalysts coming up for both the company and the MJ market overall.
The company itself has seen more growth in the last year under the new leadership of CEO Ryan Fishoff than it did in the 20 years prior under the previous CEO Albert which was when the company racked up a ton of debt and did several R/S's.
Revenues grew 5,000% in addition the relaunch of Lalpina CBD Hydro infused High PH Water this year.
The first shipments of the water have arrived and the rest should be arriving over the next week, in addition the CEO recently released a PR saying that he is currently looking for four acquisitions, 3 of which will be MJ/CBD/THC related while the other one will be a different sector.
The company currently has 3 different revenue streams coming.
The website will be reworked and the yield sign removal should both be done within the next 2-3 weeks.
CBD
$HIPH Featured In Article with $ACB $TLRY and $NBEV$HIPH Was featured today in an article today on www.investorideas.com which included such heavy hitters as the recently infamous $TLRY which skyrocketed from .68 to over $35 recently on its medical cannabis study drug approved for trials in the United States, it also included Aurora Cannabis and also $NBEV which recently had news as well about its CBD beverages.
The article has also made the rounds of multiple sites including Yahoo Finance.
finance.yahoo.com
$HIPH Has many catalysts coming down the pipes the next one of which should be the removal of its yield sign sometime early next week due to financials that were released recently, updating its current status.
All eyes are on the sector as CBD products have seen substantial growth growth in the last few weeks.
I anticipate $HIPH to keep heading north into further CBD Product updates, possible acquisitions and many more catalysts such as different products outlining multiple streams of income which should establish a comfortable trading base at .10 .15 .20 .25 and Beyond.
pattern almost donelooking at 3rd consolidation move now. market likes to move in 3's. So were very likely to see a big volatility move soon. In addition to the cup and handle/ascending triangle that has been panning out for quite some time now, this is definitely looking very bullish. needs that confirmation volume to drive it home or else it will fizzle out.
$HIPH Accelerates Push North On Company CBD Updates N Farm Bill$HIPH Confirmation of deliveries of its CBD Water Beverage, upcoming financials and Pink Current Status has pushed the stock to higher highs. The stock broke out above major resistance points and has formed a comfortable major base above .035
The CEO also confirmed that he is looking into potential partnerships and acquisitions of other MJ brands for this fall. Numerous updates are anticipated along with the following Overall MJ/CBD Market Catalysts:
Pending US Federal Hemp/CBD legalization DD/research links:
(1.)
The current Farm Act expires Sept 30th, 2018, legislators will attempt to pass a new Farm Act before the current Act expires, meaning; there's aprox. 99%+ certainty that the proposed US Federal Hemp/CBD legislation will be dealt with by congress in one way or the other on or before Sept 30th, 2018.
www.washingtonpost.com
The Hemp Farming Act of 2018 contains full spectrum legalization of Hemp & CBD on a US Federal level
en.wikipedia.org
It is easy to under-estimate the potential economic impact of US Federal Hemp/CBD legalization, but consider;
Hemp/CBD has been federally restricted for over 80 years.
en.wikipedia.org
Not only does CBD derived from Hemp have potential mass use on a national/federal level, but the Hemp by-products of CBD production have approximately 10,000 different additional uses:
www.bulkhempwarehouse.com
The US Federal legalization of Hemp/CBD is essentially a once-in-a-century event.
(2.)
On Oct. 17th Canada will experience full Marijuana legalization. This will also be another catalysts and full spectrum legalization of MJ in Canada puts pressure on the US to pass full spectrum legalization of Hemp/CBD for US Farmers to stand a chance of being able to compete with the Canadians in the massive international Hemp/CBD space.
(3.)
With 2018 being a mid-term election year; Cannabis stocks tend to out-perform when legalization is on the ballot, see the following 2 videos for further explanation:
pro.moneymappress.com
secure.caseyresearch.com
This November 6th these 4 states will vote to legalize Marijuana in different forms:
North Dakota: Recreational Marijuana.
Michigan: Recreational Marijuana.
Utah: Medical Marijuana.
Missouri: Medical Marijuana.
Bespoke - Billionaire pumped CBD stock watchBespoke is a CBD Oil from HEMP stock with all the dressings to grow, but was bubble busted over the past few weeks. Watching to buy only when 1) MACD crosses 0 and 2) CCI going into upward buy point (see earlier circled period ), or see area's for shorting. This stock simply was overvalued, oversold, and over-pumped by billionaire hoping to get rich pumping newsletter to pushit, oh 2 words eh?? Would love to hear from anyone who has Bespoke as short-long investment, okay to rant here briefly if long.
I can not emphasize the value of CBD oil and such stock will have to reduce opioid and pain meds as first wooded box stand comment. Thus my preferred watch is CVSI , GWPH , CBDS , CRBP , PMCB , ,and CARA. BSPK
CBD Oil from HEMP is more profitable than from Cannabis as #2.
Third is that HEMP can contain trace THC, but is below 0.3% and often removed with waxes in most distallation processes by alcohol, albeit expensive.
Which HEMP is legal in all 50 states and all of No. America and Europe, why HEMP was made illegal before if like taxing money that smells like it's been taxed before, dumb.
This is for watching only, so follow, like and share if you follow this sector with @pokethebear. @MarxBabu for longbuylongsell (buy on blue 4h/1d, sell on black charting. @Tradingviewpoints
NEMUS Bioscience - Possible Entry for medical pain therapyNMUS
About: NEMUS Bioscience, Inc. ( NMUS ) , focused on the development of cannabinoid-based therapeutics to address global medical indications, especially those of unmet medical need.
Entry better on 4h / 1d vs 1w chart here and another CBD stock missed entry for self note.
Watching to see if breakout from current level. Future entry TBD. Watch out for random "cannabinoid" being said in your meetings today with TESLA. @pokethebear
I do not advocate THC use and consider the current opioid epidemic to be another on-ramp for alternative break-though medicine. Lipitor to Pfizer, Embrel to AMGEN? 10-1 baggers/3 yr focus. #pharmaindustry. 65% insider owned & no sells on record.
$HIPH CEO Confirms Order Delivery to Start Next Week: CBD WaterThe CEO of $HIPH A Expansive High Growth MJ Stock with several acquisitions in the pipe and more to come, has announced that the deliveries for the CBD+Hydro Infused High PH Water will start delivery next week and explained the situation in a tweet earlier today:
"Wanted to provide an update, orders will be shipping out next week! Again apologies for delays, migrations issues, etc caused the initial delays, much smoother going forward, 3 weeks for delivery not acceptable. Thanks for everyone's patience! $HIPH"
The technicals of the chart also show triangular formations on the hourly going back a month in an upwards direction which confirms the uptrend.
Below are some of the major catalysts coming up for the MJ Sector as a whole:
Pending US Federal Hemp/CBD legalization DD/research links:
(1.)
The current Farm Act expires Sept 30th, 2018, legislators will attempt to pass a new Farm Act before the current Act expires, meaning; there's aprox. 99%+ certainty that the proposed US Federal Hemp/CBD legislation will be dealt with by congress in one way or the other on or before Sept 30th, 2018.
www.washingtonpost.com
The Hemp Farming Act of 2018 contains full spectrum legalization of Hemp & CBD on a US Federal level
en.wikipedia.org
It is easy to under-estimate the potential economic impact of US Federal Hemp/CBD legalization, but consider;
Hemp/CBD has been federally restricted for over 80 years.
en.wikipedia.org
Not only does CBD derived from Hemp have potential mass use on a national/federal level, but the Hemp by-products of CBD production have approximately 10,000 different additional uses:
www.bulkhempwarehouse.com
The US Federal legalization of Hemp/CBD is essentially a once-in-a-century event.
(2.)
On Oct. 17th Canada will experience full Marijuana legalization. This will also be another catalysts and full spectrum legalization of MJ in Canada puts pressure on the US to pass full spectrum legalization of Hemp/CBD for US Farmers to stand a chance of being able to compete with the Canadians in the massive international Hemp/CBD space.
(3.)
With 2018 being a mid-term election year; Cannabis stocks tend to out-perform when legalization is on the ballot, see the following 2 videos for further explanation:
pro.moneymappress.com
secure.caseyresearch.com
This November 6th these 4 states will vote to legalize Marijuana in different forms:
North Dakota: Recreational Marijuana.
Michigan: Recreational Marijuana.
Utah: Medical Marijuana.
Missouri: Medical Marijuana.
$HIPH Breaks out on Massive coverage by Respected MJ News SourceHYDRO INFUSED CBD WATER: Huge Potential Benefits For Millions of Athletes
NEW YORK, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Cannagreed.com News Commentary
American Premium Water, Corp. (OTC:HIPH) BREAKING NEWS: LALPINA HYDRO CBD WATER can go a long way towards administering doses of cannabinoid (CBD) for those who deal with chronic ailments such as, inflammation, pain and anxiety disorders. There are also huge potential benefits for athletes who may not only use LALPINA to hydrate, but also to minimize the inflammation, pain, and stress that physical activity places on the body.
The Company began selling its LALPINA Hydro CBD product August 27th on its website. The Company has been able to procure a domestic manufacturer who can provide the supply to meet the growing demand of LALPINA Hydro CBD.
“With a new product like LALPINA Hydro CBD, there were some teething issues in the ramp up to production. This product is a market frontrunner right out the gate considering the lack of a comparable product currently on sale. Unlike the other CBD waters that are currently at retail, the molecular structure of LALPINA Hydro CBD allows for greater bio availability which leads to a greater & quicker absorption rate compared to regular CBD oil or CBD water. The Company will need to use less CBD to create a greater benefit, which will allow for a higher gross margin per unit,” added CEO Ryan Fishoff.
LALPINA HYDRO CBD could improve workouts by providing hydration and muscle relief. Several studies have shown CBD could provide workout recovery health benefits thanks to its analgesic, anti-inflammatory and neuroprotective properties that include:
Anti-Inflammatory
Muscle Spasm Relief
Protection of the Heart, Lungs and Brain
Reduction of Nausea
Increases in Appetite
Sleep Aide
Recent reports indicate that the CBD market is estimated to grow 700% by 2020. Hemp Business Journal, a market intelligence research firm, projects that the CBD market will grow to $2.1 billion by 2020, an astronomical jump in value compared to the 2017 CBD market value of $202 million. Athletes, amateur and professional, are a segment that is helping drive this exponential growth. Research has shown that in addition to physical effects, CBD could have positive effects on well-being, reduction in anxiety, and a tangible impact on mental recovery, all traits that have appeal to athletes at all levels and could lead to CBD infused water becoming part of athletes regimen.
The Company has been working with The Brewer Group (www.thebrewergroup.com) and CEO Jack Brewer to help recruit current and retired professional athletes to promote LALPINA Hydro and LALPINA Hydro CBD beverages. Studies have shown that there are many potential health benefits from ingesting hydro nano infused products, including short term benefits to enhance workouts and aid in recovery. The Company is also working with Mr. Brewer on initiatives with current and former NFL players with the Company’s LALPINA Hydro CBD beverage. Mr. Brewer, a 6-year National Football League veteran and CBD proponent, has the network to assist the Company’s efforts to educate the public about the benefits of hydrogen and hydrogen infused CBD. Mr. Brewer was instrumental in getting LALPINA placed at events and parties at the Super Bowl in Minneapolis earlier this year. The Company and Mr. Brewer see the potential for LALPINA Hydro CBD to be an all-natural replacement for opioids, which would benefit retired players, whose struggle with opioid addiction has been well documented. And with the removal of CBD from the World Anti-Doping Agency’s list of banned substances, in addition to the imminent passage of the Farm Bill Act, large scale CBD use by current athletes is not very far away.
“Working with Jack (Brewer) and the Brewer Group has been great for the Company. He has opened many doors for the Company, specifically in distribution and exposure. I am excited to work with all the athletes that are in his network to promote and educate the public on the benefits of CBD infused beverages. Incorporating retired and active athletes will be a game changer in my opinion, and I’m excited about all the content that Jack’s team will be creating to help us achieve this goal,” added Mr. Fishoff
Based on the demand that the Company has received for it’s LALPINA HYDRO CBD beverage, the Company has had exploratory discussions about developing a THC infused hydrogen infused beverage. Developing a THC infused beverage would allow the Company to enter the exploding cannabis market.
www.otcmarkets.com
NBEV BULLISHNBEV looks bullish to me, they have recently released a picture of a cbd soda, very interesting play this one safe.
Next Leg up on $HIPH Confirmed Closing the Week Nicely GreenIt seems the market is finally realizing the full potential of CBD/Hemp products under the cornucopia that is $HIPH
The website which is being fully revamped and updated will be showing a line of products that may include other products from acquisitions $HIPH has already undertaken and brought into the company's fold and future acquisitions. The CEO Ryan Fishoff has been working dutifully to get the company up and running again, future uplistments to Pink Current then OTCQB along with several other product lines in store which will run into the CBD and Hemp niche markets.
I predict a very nice rebound here next week and possible new Highs as we head into the future updates and of course the impending MJ Rush later this year.
MPXEF is bargain compared to CRON, TLRYMPXEF is now the third largest publicly traded cannabis operation by quarterly sales. Only WEED and ACB have higher sales. It leaves CRON, TLRY, and TRST in the dust when it comes to already-reality sales. It also trades at a nice discount to those other more famous names on a sales-basis. It also has not yet run much this MJ season. If you want something top-notch quality with very real revenues and profits, this seems like a good option.
The pennant on the green flagpole is a continuation pattern. There are a million different ways you can draw this pennant and for some of them, it tried to break downward out of the pennant today. However, I like the strong bounce from that failed attempt by the bears. After taking a look at this, I'm buying some more at open.
Here are a few tweets/articles with useful further info:
- third largest by sales
- comparison to peers price-wise
- investor call and expansion plans
- more peer comparison and SS
- peer comparison
CANB falling wedgeI've warned in multiple venues (here, on Twitter, on iHub, and in private groups) to not chase MJ movements at this extremely early stage of the season. (This is true even during peak mania; the only difference is in peak mania you may be rewarded for making a stupid move rather than being punished, which makes for bad and dangerous habits.) These pops in OTC* are premature, a result of accumulation gone wild or overeager noobs chasing. There are not enough eyeballs and $s to sustain a true MJ season run. Yes, headlines are starting to pop up, but it's not really gotten to the level needed yet. This is the pre-party. I am taking some profits on big spikes and I expect them to retrace and buy back lower. If they don't, I am moving that money into stuff that's still not run.
CANB is a classic example of this. I am very glad I took a big chunk of profits at 10 cents. I've been buying back more and more the lower it gets. Right now the tape is painting a beautiful falling wedge, a generally very bullish pattern that likes to break upward. I have bids sprinkled between $0.041 and $0.046. There's pretty strong horizontal support around the 4 cent mark and I expect that to be a decision point whether it's going to break up out of the falling wedge or whether it needs to retrace further to 3 cent support.
Thanks to @Chuck_Buffet for noticing this falling wedge pattern.
* This is true of OTC. However, because NASDAQ, TSX, et. al. are both more mainstream and have fewer MJ options, this may not be true of MJ tickers on those exchanges. This is basically a first for those larger exchanges having MJ, so no known history to go on. So stuff like TLRY and CRON may be in their real run.
$RMTN sees sudden interest, stock moves up dramatically.RMTN has been quiet for almost a year, only seeing otc market filings (to stay current), up until Friday. It saw a sudden interest around midday and this continues this morning. Merger? Acquisition? Cryptocurrency ready? Last news spoke about a Hempcoin cryptocurrency marketplace and other developments. Is it time? If it is, I see this moving over $1 as the OS continues to be stable.