long term ganja penny stock Advantis Corp. develops and markets products focusing on medical cannabis, research, and pharmaceutical sectors. The company offers pain management and healthcare solutions.
ADVT trade ideas
ADVT looking bullish...thank Canadian bears & compliance lawsWhat do you guys think?
I say it breaks out based off the increase in volume, and the fact that the Canadian markets haven't affected ADVT. Why? They're based in Newport Beach, California.
Here's some fluff:
globenewswire.com
Also my thoughts in general:
-ADVT looks like a solid company from the top down with expansion in mind, a 2018 projected exponential increase of earnings, and new orders
-Ancillary companies will benefit from cannabis industry without the risk of dropping cannabis prices
-The compliance (ie, packaging) industry will be substantial because as states or countries legalize, compliance laws go into effect (opaque, child proof, etc), companies like ADVT are necessary.
www.leafly.com
-Ancillary companies aren't bound by state borders like cannabis producers
-Companies first in to secure contracts to big producers, have money behind them, and will likely be the biggest in that industry niche
-Canadian marijuana stock sellers in search for those crazy returns after the Canadian cannabis market started consolidating after that insane bull run.
-US Cannabis market is volatile but cheap, so a mass of people are looking for cheap stocks with growth potential
I guess we'll see.
I'm going long.
