This Cannabis Stock is Primed for a Run

Marijuana Company of America, Inc. (OTCMKTS:MCOA)

The company we are going to highlight to get things kicked off right this week, is one that we’ve been talking about in our newsletters for years. In fact, if you take a look at our MCOA archive pages, you can see that our history covering this stock runs all the way back to 2015, the year that it began operating under its current name and symbol.

We have always been steadfast in our support and enthusiasm for the still relatively new cannabis industry, and confident in its big future. That includes the various sub-sectors of cannabis byproducts such as hemp-derived CBD- the area of the industry in which MCOA operates. None of the company’s products contain actual THC, and are thus perfectly legal for sales throughout the country and most of the world.

It should come as no surprise that the CBD business, like all others, has had to contend with additional struggles in 2020 as a result of the global COVID-19 pandemic. However, if anything, that gives opportunistic investors such as ourselves all the more chance to get involved at an opportune moment. The CBD industry itself is still on track to be valued at well over $20B in the very near future, with or without the coronavirus. Indeed, now is a fantastic time to speculate with low priced OTC-traded marijuana stocks, and MCOA is among our favorites.

MCOA has been a prominent name in the CBD business for years, and has undergone shifts in focus of late, making several key announcements in just the past few weeks (links below) to further its strategic agenda.

The company even withdrew and received a buyout from a joint venture with Canada-based Global Hemp Group, Inc. in order to give total focus to its hempSMART™ CBD Consumer Products Division, and has already built a significant global presence in 17 countries.

Since then, the month of October has brought rapid moves to further develop the hempSMART™ brand. New international distribution alliances, as well as a new partnership with beverage company Cannabis Global, Inc. (OTC: CBGL) shows us that MCOA is serious about advancing this property with haste. All of these strategic moves are outlined in the press releases below, and are more than enough to entice us to take a closer look.

In terms of the stock itself, we urge you to view our video chart presentation below to see why now is the time to give this play serious consideration, and don’t forget to monitor your inboxes for further updates in our coverage of MCOA in coming weeks.


RECENT MCOA NEWS: 

MCOA Announces Collaboration with CBD Beverage Company Cannabis Global, Inc. and Launch of hempSMART™ Beverage Line – 10/08/2020

MCOA Forms Partnerships to Launch South American Distribution of hempSMART™ Products in Brazil and Uruguay – 10/01/2020

MCOA Announces Strategic Shift to hempSMART® with Dissolution of Joint Venture with Global Hemp Group, Inc. – 09/30/2020


MCOA CHART:


Play MCOA Video Chart (Runtime – 2:21)


For More Information, visit:
MarijuanaCompanyOfAmerica.com

TLSS Blows its Top…Again!

Transportation and Logistics Systems Inc. TLSS

Our last mention of TLSS came this past Thursday, when we provided updates on the incredible run underway for TLSS. We had originally alerted this OTC stock on the morning of April 16th, and by Wednesday of last week, it had made an excellent move of 632% from .0099-.0725.

On Friday, TLSS once again made an exponential leap, and took it to another stratosphere, setting a new high of .1548. That brought our total observed range since we began tracking this stock to a massive 1464%

Even if you had only caught our mention of the stock on Thursday, which saw a low of .05, you still had access to gains of up to 210% so all in all, our coverage of TLSS has been a rousing success. We even expect to see further gains at the open today with the stock preparing to gap up.


More Interesting Stocks

It isn’t all options all the time for us, as you may have gathered from the above-mentioned play. Here are a couple of other straight stock ideas that we are going to want to place on watch as we head into week’s end.

Luckin Coffee LK – Showing signs of a reversal off of its recent bottom, with a massive gap to the upside. We’ll put this one on extended-term watch.

Big 5 Sporting Goods Corp. BGFV – Here we have a solid momentum play, which has been adding gains since the beginning of April.


Special Reminder:

We targeted the SPY 05/27 $302-303 Calls yesterday morning. The market gapped up yesterday, and held most of those gains without adding more. Today, we’re seeing another gap-up which means anyone who snapped up some contracts yesterday will be sitting pretty to profit at the open today. We’ll report those gains in tomorrow’s newsletters.
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Fresh Options Ideas:
GSX 06/19 $30-35 Calls  

STNE Weekly $31-32 Calls
VIPS Weekly $16.50-17 Calls 


Extended Watchlist:
AXIM, HEMP, CVSI, QUBT, BBRW, ITOX, MCOA, ANVS

Blue Horseshoe Stocks: Cannabis Reminder

Cannabis Reminder

With the cannabis counterculture holiday of 04/20 capping off this week on Friday, you can bet that our tracking of the cannabis sector is going to ramp up right along with many of these stocks.

It was back on the 4th of this month that we published an extensive list of marijuana industry stocks to track in anticipation of this event. For those outside the loop, “Four-Twenty” is a massive celebration each year on April 20th, to commemorate the cultural tradition of partaking in cannabis at 4:20pm on any given day. Cannabis companies use this as the perfect marketing ploy, and as a result, many do their highest sales of the year on the heels of this holiday.

A few of the plays we highlighted earlier this month have already begun to see appreciable moves on the chart. Take OWC Pharma (OWCP) for example. Since the 4th, the stock has increased from .20 to .30, a 50% rise in under two weeks.

We would expect to see similar, and even better gains coming from many cannabis stocks all across the board. That’s why we wanted to open up this week with a reminder to keep a close eye on anything even remotely tied to the space.

Just refresh, some of those stocks include, but are not limited to:

AGTK, HEMP, SGMD, SING, GRNE, GOHE, MCOA, MCIG, POTN, PNTV, RMHB, CANN, CBIS, ATTBF, GLDFF, GLNNF, NXTTF, MRRCF, SPRWF & CRON


Extended Watchlist:
SSC, NETE, ITCI, ERI, MBII, NAV, ONVO, LOXO, CLS