$NEWC: The Inside Scoop on New Colombia Resources
Post# of 103015
BY CARRIE RIVERS ON OCTOBER 9, 2016 MEDIA & TECHNOLOGY, MICRO CAP INSIDER
New Colombia Resources Inc(OTCMKTS:NEWC) is making a highly explosive move up on accelerating volume since reversing off $0.0016 lows last week. The stock has seen a massive surge after the Company said they have identified a new native cannabis sativa strain from Colombia with a natural high CBD content.
NEWC is entering the red hot Marijuana market at the right time as pot stocks skyrocket across the board. Medical marijuana products in the U.S. are projected to generate an estimated $30-35 Billion in revenue by 2020.
New Colombia Resources Inc(OTCMKTS:NEWC) is focused on the acquisition and development of high-quality metallurgical coal properties and other available resources in the Republic of Colombia. They expect to have several revenues producing businesses including; metallurgical coal mining and rock quarry aggregates for domestic Colombian highway and railroad building projects.
The Company owns 100% of La Tabaquera metallurgical coal mine in Colombia with an estimated 15- 17 million tonnes of reserves. They have another pending acquisition for 390 ha and a solicitation contract for 184 ha metallurgical coal concession. New Colombia Resources also holds a significant position in Sannabis SAS which legally produces medical marijuana products in the Republic of Colombia.
On October 7 NEWC announced their medical marijuana joint venture, Sannabis SAS, has identified a native cannabis sativa strain from Colombia with a natural high CBD content and no detectable THC. This pure extract has been working well for children with epilepsy and the Company expects similar successful results in the U.S.
Medical marijuana products in the U.S. are projected to generate $ 35 Billion in revenue by 2020. New Colombia Resources and Sannabis are positioned to be a part of this exceptional growth and are making plans to legally export non-THC products to the U.S.; both companies have been gearing up to export products around the world. As a first mover in Colombia’s medical marijuana industry, Sannabis has been supplying children with epilepsy, cancer patients, fibromyalgia patients, and many others with legally produced medical marijuana products in Colombia since 2014 with exceptional results.
Company President John Campo received a letter from the Presidency of Colombia in reference to their “Medical Marijuana Project” requesting assistance from the Ministry of Health on their behalf. New Colombia Resources congratulates President Juan Manuel Santos for winning the 2016 Nobel Peace Prize, which was announced this morning. The Company is committed to bringing cannabis research to Colombia to create high quality value added products generating industries, jobs, and profits that stay in Colombia. New Colombia Resources has a pipeline of medical marijuana and hemp projects that will be announced soon.
In addition to the great results of their high CBD Cannabis Sativa products low in THC, Sannabis’ Cannabis indica products high in THC have shown remarkable success in cancer patients. The Company is eager to bring those products to the U.S. when legally able to do so.
Sannabis has grown and processed medical marijuana legally on the Nasa Indian Reservation in Colombia since 2014. Their products are sold online, in stores, and through independent distributors in Colombia. They are supported by INVIMA Resolution 243630 of 1999 and Sentence C-882 of 2011 from the Constitutional Court to legally produce non-smoked medical marijuana products on the Indian Reservation and distribute them nationally.
http://www.microcapdaily.com/new-colombia-res...wc/116893/