$HIPH Finds Support After 65% Fib Retracement from 800% 1st Leg$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.
Marijuana
Tetra Tech Corp. on 3rd falling wedge, await 7 life cat bouncewatching for entry, pulse, dead cat falling wedge for 3rd cycle (2014, 2016, 2018)...TBD
About: Terra Tech Corp. operates as a vertically integrated cannabis-focused agriculture company. The company operates in two segments, Herbs and Produce Products; and Cannabis Dispensary, Cultivation and Production. The Herbs and Produce Products segment offers hydroponic herbs, produce, and floral products. The Cannabis Dispensary, Cultivation and Production segment operates medical marijuana retail and adult use dispensaries under the name Blum, which provides a selection of medical and adult use cannabis products, such as flowers, concentrates, and edibles; and produces and sells a line of medical and adult use cannabis flowers, as well as a line of medical and adult use cannabis-extracted products comprising concentrates, cartridges, vape pens, and wax products in California and Nevada. Terra Tech Corp. was founded in 2010 and is headquartered in Irvine, California.
$122M Cap, down 52% YTD, $38.5M rev. 7-1YOY, rev gr. 38%, 127K shares bought by insiders last 2 yr. (strong), Inst. MF hold 0%, while wealth manag. <1%, so mostly private investors, so high upside if legallized, earnings range -0.30 (3/8) to 0 (1/8), so still not profitable pop needed (11/7/18 next announcement). 8.7.18 was -0.17.
The rapidly rising demand for Cannabidiol (CBD) and Hemp based products is showing no signs of slowing down as expectations to push both markets into new territories with exploding sales value in the next coming years. The global industrial hemp market size is expected to reach USD $10.6 billion by 2025, according to a new report by Grand View Research, Inc. and the market is anticipated to expand at a CAGR of 14.0%. The North American CBD market is primed for expansive growth across its three primary sectors, hemp-derived CBD, marijuana-derived CBD and pharmaceutical CBD. With recent developments and advancements in the hemp industry, farmers across the country are turning their attention to commercialization looking for the road to profitability. Increasing R&D activities to develop perfect agronomy and new genetics of crops to obtain high yield and improved product quality are expected to have a positive impact on CBD - Hemp production. Active Companies from around the market with current developments this week include: Marijuana Company of America (MCOA), Inc., GrowLife (PHOT), Inc. MPX Bioceutical Corporation (CSE:MPX) (OTC:MPXEF), Kush Bottles, Inc.(KSHB), Terra Tech Corp (TRTC)
CBIS Pulse is faint but pulsing with research quivers...Watch CCI momentum with MACD here. . . future profits and earnings TBD. Await patents and studies. Expect they'll eventually have to sell the farm here to pay for all the cannabis / hemp studies. Ent Value / Mkt Value is 1.02. A new medical advisory board for new medical products. One patent issued 2017 for treatment of neurobahaviors and could lead to positive litigation...TBD. This is a watch and wait scenerio for entry...@pokethebear
Studies mainly on Endogenous cannabinnoid family, which are produced in our bodies, vs natural occuring phytocannabinoids from cannabis, or made synthetically. CBIS studies may be specific to proving scientific value as neuromodulators and their absorption/binding to the our bodies fatty lipid areas/tissues and possibly dosage. If there's a pHD in the room to help confirm wording here, but the study and health benefits of CBD, CBDA, CBG, CBGA, THC, THCA, 9-THC, 9-THCA, 8-THC and THCV. Aka proving the science to the F&DA each endocannabinoid does something specific (sleep aid, pain releif, epileptic med., ADHD/ADD med., reduce inflamation, anxiety, psoriasis (skin inflammation), slows bacterial growth, inhibit cancer cells (first study published), stimulate appetite, reduce vomiting/diarrhea, and several other benefits.
AURORA CANNABIS INC. (ACB) - Daily AnalysisJust starting to take a look at these marijuana stocks a bit more seriously.. my previous analysis on TSX:WEED (see below) seems to be panning out so I'm pursuing this market a bit further.. don't usually trade company stocks so this might be my way into that world.. still seeing the same kinds of natural patterns I'd encounter on Forex or Comex charts, so giving it a try.. for this particular company, I have already bought up a few shares around $12, which might have been premature now that I'm expecting a small correction to around just under $11 (which will be a better time to buy).. but I'll be holding this for a while, especially if it passes my first target around $15 and possibly add more positions then.. will continue to monitor..
$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.
Marijuana the next Bitcoin?Hello friends,
I've only just discovered these parabolic pot stocks and am very interested in trading them when I see some technical setups. I wouldn't be surprised if this is crypto pt. 2 . Like with crypto, there is value here, but it's a complete bubble. Will be looking to short the hell out of these at some point - not today though.
I am expecting a correction to the green line at some point.
Keep your eyes peeled for these!
-YoungShkreli
CGC - Short for the big incoming correction.CGC has completed 5 waves up on the weekly chart. Get ready for a big long ABC correction down to around $22-$25.
$HIPH Accelerates Push North On Company CBD Updates N Farm Bill$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.
$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.
How much longer can this rally last?Canada is about to legalize Marijuana, which has seen alot of stocks soaring 100's%. I personally am bullish on FSD Pharma and hold a position.
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.
$HIPH Turns Both Daily and Weekly Techs Bullish On MJ News$HIPH So Far DD just this Year Alone:
A. LALPINA HYDRO CBD full launch announced for 8/27/18 and also announced David Schechtmann as President.
David Schechtmann received his Doctorate in Law from Loyola Law School in LA and his Bachelor of Science in Finance from the NYU Stern School of Business.
www.linkedin.com
www.otcmarkets.com
B. Several hundred thousand in Pre-Orders already geared up for the launch.
www.otcmarkets.com
C. $HIPH's wholly owned subsidiary GENTS, www.gentsco.com (Sold in Bloomingdale's, Nordstrom, Saks & 200 other retail locations.)
Gents announced a collaboration with the boutique fitness chain SoulCycle across all of its 83 studios. SoulCycle's parent company Equinox Holdings Inc. also owns Blink Fitness and the Pure Yoga fitness studios all of which $HIPH plans to integrate its Lalpina Hydro CBD once its launched.
D. Acquisition of Worthy www.worthylux.com is a New York based streetwear brand and sneaker store which has become a go to destination for musician Cardi B. The terms of the deal allow the Company the worldwide exclusive distribution of apparel and accessories outside of Worthy’s existing stores.
www.otcmarkets.com
E. Revenue for Q4 of 2017 $169,313 & Q1 2018 sales up 7401% year over year.
www.otcmarkets.com
F. Since becoming CEO late last year, Fishoff has reduced debt by 80% (Per fillings & Past Press Release). In 2018 no new debt has been issued. As $HIPH is non fully reporting to the SEC. Per SEC & FINRA rules debt must be held for 12 months. Debt can only be sold and converted to shares if met the 1 yr holding rules. Or 6 months if a company is SEC reporting.
www.otcmarkets.com
www.otcmarkets.com
G. In Jan 2018 $HIPH debuted its LALPINA HYDRO CBD prototype. And announced the full launch will take place Aug 27, 2018. $HIPH has the only hydrogen infused CBD beverage on the market, which gives it an exclusive first mover advantage in a niche market. Hydrogen infusion allows for greater & quicker absorption of CBD into the body (See past press releases).
H. Authorized shares currently at 300,000,000 and Outstanding shares at 93,818,118, based on past press releases it was advised that 25,000,000 would be restricted and held in escrow for pending M&A deals.
I. FashionCoinExchange launched and went live on social media July 11th with the launch of its first coin THRDCoin.
www.fashioncoinx.com
J. The Brewer Group (www.thebrewergroup.com) and CEO Jack Brewer is helping to recruit current and retired professional athletes to promote the LALPINA Hydrogen and LALPINA Hydrogen CBD beverages. Mr. Brewer is a 6-year National Football League veteran and CBD proponent.
K. The Company announced in March that it had entered into a joint venture with Zhangjiagang Advanced Company (ZAC) which will support the Gents brand distribution into mainland China and potential base for Asian expansion for the LALPINA brand.
www.otcmarkets.com
L. See Thru Equity www.seethruequity.com initiated coverage on $HIPH and gave a $0.15 price per share target. See ThruEquity is a respected NY based research firm that covers mostly NASDAQ companies.
www.accesswire.com
M. American Premium Water Corporation (OTC:HIPH) announces that it has acquired the license to operate FashionCoinX (www.fashioncoinx.com), an exchange utilizing blockchain technology that will provide fashion brands the ability to create their own security backed tokens which will provide special discounts, access to exclusive products, and other loyalty rewards to consumers. These tokens can be traded on the exchange, allowing for a real-time indication of a brand’s power.
www.otcmarkets.com
N. $HIPH CEO Ryan Fishoff Interview on the Floor of the NASDAQ discussing Crypto, CBD Beverage, GENTS www.gentsco.com, Fashion CoinX, & Worthy subsidiaries:
www.youtube.com
O. $HIPH had successful exposure during the Superbowl weekend in Minnesota. Two of the flagship brands had a visible presence on the ground, engaging in activation with A-list celebrities and entertainers, including Flo-Rida, LALPINA's brand ambassador who performed at the Leather & Laces party hosted by Donnie Wahlberg and Jenny McCarthy. NFL legend Clinton Portis, WWE (WWE) Superstar Mojo Rawley, and others also joined with $HIPH in celebration of the brands and newly released products.
www.otcmarkets.com
CEO Ryan Fishoff began his career on Wall St doing M&A deals at COBE Capital www.cobecapital.com where he participated in over $500 million worth of M&A transactions.
The last move in January from .015 - .10 was purely hype. This next move and every other move from here going forward won’t be hype at all. The coming moves will be the result of a beautifully designed and implemented business plan with flawless execution by a CEO that’s truly going to make a name for himself, Ryan Fishoff, and build himself a legacy.
Social Media for the subsidiaries are also impressive:
LALPINAbrands:
1,000,000+ Followers on Instagram
Lalpina Water:
21,000+ followers on Twitter
GentsCO:
3,884 followers on Twitter
22,425 followers on FB
The last move in January was the result of the prototype of LALPINA CBD being released and showcased at a Super Bowl party.
The next leg up the stock sees will be attributable to a number of factors. Of utmost importance is the fact that a viable and sustainable business is in the process of being built that’s in all essence a conglomerate engaged in the beverage, cannabis, cryptocurrency/blockchain and luxury retail industries.
The growth that $HIPH will experience from this ground-floor level going forward is an opportunity that most investors will never experience at any point in their lives. Let’s face it, 1,000-50,000% gains are very rare. While I’m not stating that $HIPH will get to $5, it certainly has that type of potential over the next 5 years or so. I look at a company like $KSHB in the cannabis business with a market cap of 329M currently with 2017 revenues of just under $19M and I think to myself, is Ryan Fishoff capable of leading $HIPH to those kind of numbers given some time to execute his business plan? The answer is an emphatic YES!
$HIPH only had $423k of revenue TOTAL over the past 4 years. They’ll sell about that much in Q3 of 2018 ALONE! $HIPH is in the process of building one impressive business now and the company will experience incredible growth for many years to come!!!
126 mil OS, 25 million of which in restricted (SEC rule 144 must be held 1 year) shares!! Held in escrow for M&A deals per May 2, 2018 news! Fishoff again asserts his focus on reducing debt not adding to it. As of June 2 acquisitions were completed Worthy, www.worthylux.com license & Fashion CoinX www.fashioncoinx.com . Fishoff started career on Wall St doing M&A at COBE CAPITAL www.cobecapital.com we he participated in over $500 million worth of M&A deals.
Some other things that deserve some mention:
1. General Nutrition Center distribution currently with LALPINA water in 2 L.A. stores as test stores with the anticipation that this will ultimately go worldwide once the CBD water is released
2. Joint venture in discussions to develop a hydrogen infused THC drink in addition to the CBD drink
$HIPH company twitter links to share retirement tweet from Fishoff!! Dont cut bait on the Fishoff! He said he would could debt and did, said would deliver LALPINA HYDRO CBD prototype in Q1 2018 and did (Jan 2018). Said in pr's in M&A negotiations and in June closed Worthy www.worthylux.com and FashionCoinX www.fashioncoinx.com. Said on July 26 upticknewswire interview that company would be applying for IP protection (trademark patent) for LALPINA HYDRO CBD. Aug 8 company announced it filled IP protection on Aug 7 in advance of LALPINA HYDRO CBD going on sale Aug 27. Fishoff stated in JV talks to produce a THC/cannabis version of CBD beverage. Also looking for more acquisitions possibly in CBD space.
$HIPH has the only hydrogen infused CBD beverage on the market. Hydrogen infusion allows for greater &quicker absorption of CBD into the body.
After its CBD Pre-Rollout Launch on the 27th of this month they had up to 41 Orders processed within 2 days which equated to about $2,870 in sales in two days. By these estimates you can see the revenue potential the company has coming in this year on a full-rollout launch. Many MJ Enthusiasts will be keeping a stack of this company in their portfolio.
beautiful fib bounceThis additionally proves that 24% fib is a thing as first shown in the hempco graph linked. Also looks to have completed ABC correction which could ultimately be a bullish signal. look for a good buying opportunity around 6.75 (I might enter higher manually) when it tries to fill that gap from 6.50 to 6.88.
possible reversal3 ideas here showing bullish signals:
1. correction/consolidation looks to be coming to a close from falling wedge pattern.
2. Notice Diverging RSI (unconventional). As the price is falling, retraces upward are getting stronger and stronger.
3. Price action goes sideways while entering 38% Fibonacci resistance level.
Volume seems to be increasing, volatility coming back. we should see within the next week whether this prediction is right or wrong. If it starts trending down again from here, short.