Last week's cannabis rally play NWGFF (New Age Farm Inc.) appears to be back in the buy-zone!
We brought NWGFF to your attention last Monday when it was trading at $0.095.
Members who acted on our buy-call then had several opportunities to secure as much as +26.73% in total gains as NWGFF rallied from as low as $0.0868 to a high of $0.11.
Now traders have another chance to secure some potentially easy profits. We've done a revised technical analysis on this ticker, and we feel confident that a move higher is almost inevitable this week.
NWGFF also has several new bullish catalysts working in its favor:
Their wholly owned subsidiary, We Are Kured LLC (“Kured”), has received its first order from its Latin American subsidiary and has successfully shipped out the order of their new 500mg disposable vaporizer pens. Additionally, numerous retailers have expressed interest in the Company’s Fresh Water CBD product. Arrangements are being made for shipment of this product into South America as well. The Company has started the development of a proprietary beverage flavoring line to accompany its rapidly expanding CBD infused water Fresh Water CBD. The new line will operate under the brand “Taste CBD”. This line will include a number of flavors that are currently being developed and analyzed. This product will be offered in a dropper delivery bottle and will be able to be added to just about any beverage of your choice. The Company is currently evaluating the size and CBD content the product line will be offered in. Don't Forget...
The Company's wholly owned subsidiary, Drink Fresh Water LLC, was included in an article published by USAToday.com. The article, “What is CBD? And why is the cannabis-derived ingredient on the rise for wellness products?” published on Wednesday, October 10, 2018, addresses how CBD is on the rise throughout the United States and the many intended health benefits.
Benjamin Martch, New Age Farm’s Chief Marketing Officer and founder and Chief Executive Officer of We Are Kured LLC stated: “As we predicted, CBD infused drinks and products will be the topic of international conversion. Acquiring Fresh Water is proving to give an even industry awareness”.
For a microcap company like NWGFF to be featured in an article on USAToday, they must be bringing a high quality product to market.
With a weekly circulation of 1,021,638 and an approximate daily reach of seven million readers as of 2016, USA Today shares the position of having the widest circulation of any newspaper in the United States with The Wall Street Journal and The New York Times.
This is huge exposure for NWGFF, and it's no surprise that its average daily volume has been increasing almost daily
NWGFF closed Friday's session just shy of +5%, and we are banking on that positive momentum carrying on into tomorrow's trading session.
Unlike other companies in the cannabis sector, NWGFF is still trading well off its 52-week high of $0.33.
That's an immediate upside of over +259%!
NWGFF is shaping up to be your best bet for easy gains tomorrow, and we are urging all members to read our full profile below, and start their research on NWGFF immediately
About New Age Farm
New Age Farm is an agricultural services company offering unique turnkey growing infrastructure and services for licensed growers and processors of luxury marijuana crops at its agri-campuses in Washington State. In November 2012, the Washington State Liquor and Cannabis Board ("WSLCB") passed Initiative 502 ("I-502"). I-502 authorized the WSLCB to regulate and tax recreational marijuana products for persons over twenty-one years of age and thereby created a new industry for the growing, processing and selling of Washington State-regulated recreational marijuana products. New Age Farm provides innovative solutions for growers and processors in this burgeoning industry.
About We Are Kured, LLC
KURED is a wholly owned subsidiary of New Age Farm, acquired in December 2017. KURED is building an innovative online CBD and lifestyle company. KURED has partnered with best in class hemp cultivators, edible manufacturers, cutting edge product formulators to develop, market and distribute multiple lines of CBD products including, but not limited to, CBD vaporizer pens, topicals, gel capsules and more. All of We Are Kured's products are 100% THC free and will be available for purchase internationally. THC, or tetrahydrocannabinol, is the primary active ingredient in cannabis.
For further information about New Age Farm, please consult the Company's profile on SEDAR at sedar.com or visit the Company's website at newagefarminc.com. For further information about We Are Kured, please visit their website at wearekured.com.
New Age Farm Inc. Growing Fundamentals with Revenue-Producing Portfolio in U.S., Canada, and South American Cannabis Markets
NWGFF is growing quickly in the Cannabis industry, and it's doing so by focusing on the fundamentals. The Denver-based company is meticulously carving out its share of the emerging hemp and CBD markets in the U.S., Canada and South America. And, in the process, it's providing the cannabis space with more choices while offering investors an opportunity to get in on the ground floor of an ever-expanding company.
First and foremost, to understand more about New Age Farm, we have to understand the markets within the cannabis industry that they've chosen to call home—the Hemp and CBD markets. Hemp is the fiber and seed part, and the most valuable part of the Cannabis plant, which is why hemp is often called a "cash crop."
Meanwhile, CBD or cannabidiol is a naturally occurring cannabinoid in hemp that has significant medicinal benefits without the psychoactivity of THC. CBD is an appealing option for patients looking for relief from inflammation, pain, anxiety, psychosis, seizures, spasms, and a host of other conditions.
So how has New Age Farm's management chosen to create what it feels will be a successful footprint in the cannabis industry?
Well, while many smaller companies use lots of press releases and promises of great things to come to attract investors, executives at New Age Farm are actually building the company fundamentally with:
Acquisitions that make up a growing portfolio of revenue-producing companies already operating in the CBD/hemp space A number of property assets in Washington State and Oregon The expansion of its footprint into markets that provide a sustainable operating environment and allow New Age Farm to maintain its goal of becoming a worldwide "brand." With continued success in these three areas of growth, this small company's future in a burgeoning industry looks very attractive.
When asked about New Age Farm's focus moving forward, management said that it has decided to move its attention and resources into acquiring already proven business entities and businesses that it feels have strong growth potential and strong core management in the hemp and CBD space.
Additionally, the company says it's currently working with a number of science teams to develop innovative products that New Age Farm is confident can accompany its growing portfolio while also standing out on their own in the industry.
Currently, New Age Farm has two subsidiaries that it recently acquired:
We Are Kured or "Kured" (wearekured.com/) and Drink Fresh Water (drinkfreshcbd.com/). Both companies are generating revenue with the sale of products in the hemp and CBD industries.
Through its subsidiary, Kured, New Age Farm is building an innovative online CBD and lifestyle company. Kured has partnered with best-in-class hemp cultivators, edible manufacturers, and cutting edge product formulators to develop, market and distribute a number of CBD products. In addition to filling orders in the U.S. and Canada, Kured recently expanded into South America where it plans to distribute products throughout the region with "Kured Latin America LLC."
Its other subsidiary, Drink Fresh Water, is a California-based company created by a group of industry leaders that offers New Age Farm immediate entry into the CBD-infused beverage industry with its flagship product, "Fresh Water." The CBD-infused, nano-amplified alkaline water can be found in retail stores in 35 different states across the U.S., and with the drink's success, management has already expressed that it expects to expand the company's lineup of products by adding additional SKUs in the near future.
New Age Farm is also growing a portfolio of properties that are proving to be revenue-producing assets for the company as well. Management at New Age Farm says they look to acquire properties that have strong, proven and permitted operating tenants, and if the company chooses to acquire a property, they will implement their industry-leading expertise to optimize the potential revenue and overall net profit with that asset.
The company says the properties it recently acquired in Oregon have already proven to be a great acquisition that they were able to take advantage of, while they're still evaluating the properties the company owns in Washington State to decide the best course of action for these properties.
New Age Farm acts as the "landlord" of the two properties it acquired in Oregon—the Cave Junction, Oregon, property and the Portland, Oregon, property where New Age Farm generates almost $250,000 annually in rent payments alone.
A state of the art outdoor and greenhouse cannabis cultivation facility is operated by Trellis Farms on the company's Cave Junction property, and the Portland property has been home to an established dispensary for the last four years.
New Age Farm has laid out a plan that, so far, management has done a great job of sticking to, while being flexible enough to expand upon that plan when necessary. Its expansion into Latin America is one such example of the company not being afraid to grow where they feel there is a sustainable operating environment.
Executives at New Age Farm feel that due to the uniqueness of the company's focus on hemp, regardless of being housed in the United States, they are not hand cuffed to the same onerous and expensive state-by-state marijuana licensing laws. Simply put management sees New Age Farm as a global brand. The company feels strongly that the wave of the future is in the hemp derived CBD market, and they will be building a plethora of brands to gain as much market share as possible in the industry.
When asked to offer a report card of sorts on the plan that management has put into place, we were told that Kured is growing at a faster pace than they expected with profit margins increasing by 100 percent with its in-house manufacturing. The newly acquired Oregon properties are a great monthly revenue addition. Fresh Water is already in 35 states and by adding its own team's expertise, they are hopeful to be generating sales of Fresh Water on 2 continents by the end of 2018. The company says they're in talks with other existing CBD brands to potentially acquire, and New Age Farm also has ideas for its own CBD brands, which it says will be first to market.
Recent Developments
New Age Farm to Expand on CBD Infused Beverage Line by Developing “Taste CBD” Beverage Flavoring Line
On Wednesday, the Company announced that they have started the development of a proprietary beverage flavoring line to accompany its rapidly expanding CBD infused water Fresh Water CBD. The new line will operate under the brand “Taste CBD”. This line will include a number of flavors that are currently being developed and analyzed. This product will be offered in a dropper delivery bottle and will be able to be added to just about any beverage of your choice. The Company is currently evaluating the size and CBD content the product line will be offered in.
Joshua Bartch, New Age Farm’s Chief Executive Officer, stated: “We are constantly innovating and thinking of the best way to expand our lines and introduce the best and easiest ways for our current and future customers to enjoy the benefits of CBD. We believe we will be able to drop this product in each and every of the over 200 stores that our Kured and Fresh Water product lines are currently available in as well as leverage our growing online presence. Our next product line will not only accompany our current beverage line but will also give the everyday consumer an easy and delicious way to enjoy the benefits of CBD. We are taking a proven concept of a product much like the MIO and adapting it to include a proprietary blend of fully water soluble CBD. This product will come in a number of flavors that are currently being tested and perfected. You’ll simply be able to add our flavoring to just about any beverage of your choice, drop the desired amount in and enjoy”.
The Company will update shareholders in the near future on further developments of this new product line.
Technical Analysis
Potential Move To $0.18 From Here
Based on our updated technical analysis, we see the potential for a move to $0.18 from here.
That represents a gain of over +95% from today's alert price.
RSI and Daily volume are both increasing, which indicates the strong possibility of a move higher from here.
We also see strong support at these levels, which should limit the risk of loss for those who start their position now.
We believe that NWGFF could be the next name in the cannabis sector to double in price.
As such, we are urging all members to act fast, start their research, and make sure to add NWGFF to the top of their watchlist
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
Best Regards,
The TopMarketGainers Team
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