Your New Alert: *WLAB* is a CBD Play Packing Huge Upside Potential in a Soon to be $22bn Market!
You made it. You’re on your way to conquering this week and have already crushed the toughest day, Monday.
And, since you braved the week’s toughest day, I’m here to reward you with your next alert!
First, let me bring some important statistics to your attention…
Grand View Research, Inc., reports, “The global legal marijuana market is expected to reach USD 146.4Bn by end of 2025.”
Cannabis industry analysts the Brightfield Group give this estimate: “the hemp-CBD market alone could hit $22Bn by 2022.”
Soak that in for a sec. Now, absorb this…
White Liquid Lab (WLAB) manufactures premium custom blended CBD, E-Juice and E-liquid to a wide variety of E-liquid companies, distributors and dealers worldwide. White Private Label E-Liquid offers a wide range of custom blends and flavor options, as well as Vape additives, edibles, oils, creams and lotions. They have over 400 flavors to choose from and 50,000 combinations. Beyond just custom blended liquids, they also manufacture CBD oil, terpenes oil, Vape Liquid, CBD Gummies, infused herbs, pre-filled vape pens, lotions, lip balms and are adding new products all the time.
Here’s why you need to play close attention to WLAB. Any day, we will be finding out their 2018 revenue totals. From their account, it appears there will be a serious increase from 2017’s revenues. Read up:
White Label Liquid to Report Significant Increase in Revenues for 2018, Greatly Exceeding Previous Year’s Financial Results of Over $2mn
DAYTONA BEACH, Fla., (GLOBE NEWSWIRE) — via OTC PR WIRE — Executives at White Label Liquid, Inc. (OTC Pink: WLAB) (“the Company”), a leading provider of custom-blended hemp-derived products, today announced that it will report greatly increased revenues and other year-over-year performance metrics for 2018 at the end of the month. The Company showed a significant increase in revenues for 2018, exceeding the over $2mn in financial results reported for 2017. Such sturdy financials further position the Company to be a strong, reliable partner to those seeking to be successful in the burgeoning CBD industry.
“The hard work of our staff over the last two years has really helped position White Label Liquid as an expert partner for companies in the CBD business,” said White Label Liquid CEO Yaron Elkayam. “The proof is not just in our immediate revenues and profits, but also in our state-of-the-art manufacturing, logistics, and production capabilities that have allowed us to meet or exceed a broad range of customer needs and wants.”
Here’s the deal. When this news drops, it could send share prices skyrocketing north as revenue increase news can be a strong catalyst towards stocks surging.
Plus, the above news could act very similar to the news catalyst on last week’s monster winner, OPTT. When I was scanning the markets and saw OPTT‘s press release (Ocean Power Technologies Wins Contract with Leading Oil & Gas Operator), I knew share prices could be ready to burst (and did they ever)!
OPTT ran from an approximate alert of $7.00 to a high of $16.20! That was calculated at a 131% run!
There is another reason I bring up OPTT. It was able to make that gigantic run within a single day because of its share structure. With a float of roughly 1.2mn shares, share prices can rise quickly due to the low amount of available shares to trade.
WLAB, like OPTT, has a very low float. OTCMarkets tabs the company at having roughly 4.5mn shares in its float!
This means WLAB needs to be watched closely as volatility can provide a sharp surge in price if a catalyst proves the move worthy.
Here are some other key details to focus on:
(1.) WLAB has a 9 and 14-Day Relative Strength Index right around neutral (50%) leaving it plenty of potential room for growth.
(2.) WLAB has a triggered 7-Day Average Directional Indicator.
(3.) WLAB has a triggered 20-Day Moving Average vs. Price.
(4.) WLAB is trading above its 5-Day Exponential Moving Average and its 13-Day EMA. Additionally, its 5-Day EMA is trading above its 13-Day EMA.
These indicators cannot be overlooked heading into today’s bell. Between them, recent/upcoming news (especially about 2018 revenues), and a low float share structure, WLAB could be primed for a potential price explosion.
More about White Label Liquid, Inc.
From the WLAB website:
Our Services And Capabilities
We stay ahead of the trends by analyzing data through quality R&D. We provide our customers with product options in over 20 categories and spanning over 300 flavors. We manufacture CBD products that are on-trend and in high demand. We can create, brand, design and customize packaging for our clients and deliver an array of products engineered to meet their specific goals.
How We Help Build CBD Industries
CBD is one of America’s fastest growing segments, and we are perfectly positioned to help companies grow better than any others in the field.
Custom White Labeling
Edibles. Oils. Creams. Dabs. Even pets. We offer hundreds of products in a variety of forms so that businesses can build the CBD company they aspire to. This flexibility allows ideal targeting opportunities for going after both niche and mass markets.
In-House CBD Manufacturing
We manufacture our CBD in-house. And in doing so, we follow good manufacturing practices (GMP) and we adhere to all OSHA requirements. Our certifications are upgraded on a yearly basis. We perform quality assurance testing, and test for pH solids and specific gravity in our quality control testing lab.
Turning a product into a business requires more than just the product, it requires a strong brand. Which we provide. This includes package design, logo design and even marketing services. With the CBD marketplace growing, it is essential that White Labeling is coupled with strong branding in order to make a business stand out.
Make sure to fire down your breakfast and coffee early this morning. WLAB could storm the bell and be your next provider of massive potential gains.
Stock Wire News
Disclaimer: I am not a lic.ensed finan.cial adviser. All potential percentage gains are based on from the low to the high of day. Stock Wire News full disclaimer is to be read and fully understood before using Stock Wire News website, or joining Stock Wire News's email or text list. By viewing Stock Wire News website and/or reading Stock Wire News email or text newsletter you are agreeing to Stock Wire News full disclaimer which can be read at www.stockwirenews.com/
disclaimer Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. I am not a licensed financial adviser. We have not been compensated for this newsletter regarding (WLAB) or (OPTT). We own zero shares of (WLAB) or (OPTT).