$GTEH ~ must read article on Hemp and CBD stocks >>
Playing for Keeps in Hemp and CBD Stocks (ACB, GTEH, CVSI, SKDI, CURLF)
https://www.journaltranscript.com/2020/02/pla...kdi-curlf/
GenTech Holdings, Inc. (OTCMKTS:GTEH) is a very different prospect. Where Aurora is a monster looking to streamline and likely to buy its way into new markets, GenTech is a small upstart ready to grow organically in a very specific niche: premium and CBD-infused coffee subscription package sales.
According to its recent release, “The Company is nearing the launch of its highly anticipated premium and CBD-infused coffee subscription product offering, “Secret Javas”, which includes a Nespresso-compatible capsule version.
This is a big because we are talking about a large and rapidly growing market. Sales in food and beverages ecommerce in the US market is expected to reach $15bn by 2021, rising from just $9bn in 2016. Inside of that, Payments News reports that the approximate revenue from those who subscribe to products using the Amazon platform, rose from $2.9bn in 2014 to 11bn in 2018 with a significant proportion of these purchases in the grocery and gourmet food section. That’s a 260% increase over this period.
Pair that up with the 125% CAGR expected from CBD over the next half decade, and you have an easy story to sell to new investors as the juice comes back into the hemp and CBD stock space.
GenTech Holdings, Inc. (OTCMKTS:GTEH) is also working to get more shareholder friendly now that it has gotten through the brunt of its development stage operations and is ready to start commercializing. The company just announced it is about to cut authorized shares, retire debt, and eliminate conversion risk for noted due 1-2 years out.
David Lovatt, CEO of GenTech, summed it up nicely: “We are riding a wave of extraordinary momentum on the operational side right now, and we have a number of extremely powerful catalysts set to roll out over coming weeks. But our first task is to reinforce to the market our total commitment to generating long-term shareholder value in a credible and robust way.”
Playing for Keeps in Hemp and CBD Stocks (ACB, GTEH, CVSI, SKDI, CURLF)
https://www.journaltranscript.com/2020/02/pla...kdi-curlf/
GenTech Holdings, Inc. (OTCMKTS:GTEH) is a very different prospect. Where Aurora is a monster looking to streamline and likely to buy its way into new markets, GenTech is a small upstart ready to grow organically in a very specific niche: premium and CBD-infused coffee subscription package sales.
According to its recent release, “The Company is nearing the launch of its highly anticipated premium and CBD-infused coffee subscription product offering, “Secret Javas”, which includes a Nespresso-compatible capsule version.
This is a big because we are talking about a large and rapidly growing market. Sales in food and beverages ecommerce in the US market is expected to reach $15bn by 2021, rising from just $9bn in 2016. Inside of that, Payments News reports that the approximate revenue from those who subscribe to products using the Amazon platform, rose from $2.9bn in 2014 to 11bn in 2018 with a significant proportion of these purchases in the grocery and gourmet food section. That’s a 260% increase over this period.
Pair that up with the 125% CAGR expected from CBD over the next half decade, and you have an easy story to sell to new investors as the juice comes back into the hemp and CBD stock space.
GenTech Holdings, Inc. (OTCMKTS:GTEH) is also working to get more shareholder friendly now that it has gotten through the brunt of its development stage operations and is ready to start commercializing. The company just announced it is about to cut authorized shares, retire debt, and eliminate conversion risk for noted due 1-2 years out.
David Lovatt, CEO of GenTech, summed it up nicely: “We are riding a wave of extraordinary momentum on the operational side right now, and we have a number of extremely powerful catalysts set to roll out over coming weeks. But our first task is to reinforce to the market our total commitment to generating long-term shareholder value in a credible and robust way.”
