Diversification in stocks is a smart move that all investors can identify with but I wonder how many people are really aware of the value of diversification at corporate level in a new market and specifically, in the medical marijuana, hemp sector. IMO, FITX has shown they are outpacing any other publicly traded companies by having multiple revenue generating streams. Think of it this way. As competition heats up revenue streams in a new market will be inconsistent. To augment revenue streams FITX has included insurance which is estimated to potentially generate 25 million in revenue. Hemp,oil extracts are another revenue center as are hemp byproducts. I could go on but I am sure that you see my point here. While there are many companies in this sector there is only one that is so uniquely positioned. I will add here that new means to access NASDAQ will soon mitigate MMs manipulation of penny stocks and catapult several mmj publicly traded companies. In particular, take a look at MJX Ventures, soon to be traded as MJXV on NASDAQ. Is anyone watching the painfully obvious here? This is a brilliant move using penny stocks. In short, MJXV as I understand it will hold and index stock positions in several promising mmj companies while trading under its symbol on NASDAQ. This opens doors that are not otherwise accessible and will be a first of its kind. Great opportunities here.
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