Breakout Alert: *WLDCF* Could Storm The Markets Today Hot Off ETF & Potential Uplisting News
Let’s dive right in, because there is no time to waste on researching today’s cannabis alert, ICC International Cannabis Corp. (WLDCF).
Two recent WLDCF press releases have monumental implications regarding the potential future share price of this stock, and guess what, they both have come out within the past 2 weeks.
First off, check this out:
International Cannabis Announces Inclusion to the Horizons HMMJ ETF
VANCOUVER, British Columbia, March 25, 2019 (GLOBE NEWSWIRE) — ICC International Cannabis Corp. (CSE: WRLD.U)(FWB: 8K51)(OTC: WLDCF) (“ICC”or “International Cannabis” or the “Company”) is pleased to announce its inclusion in the Horizons Medical Marijuana Life Sciences ETF (TSX: HMMJ) (the “ETF”) as part of the quarterly rebalance of the constituent holdings of HMMJ. Inclusion in the ETF is as a significant milestone for ICC, as the Company continues to establish itself as the world’s premier, vertically integrated pure cannabis play.
According to Horizons ETFs, “As at September 5, 2018, HMMJ had reached over C$1 bn in assets under management, a rare achievement for the Canadian ETF marketplace.”
Eugene Beukman, Chief Executive Officer and a Director of International Cannabis, stated: “We are elated to be included in the HMMJ; the largest cannabis focused ETF offering direct exposure for investors to North American life sciences companies. International Cannabis is at the epicentre of the global cannabis industry and is uniquely positioned to capture significant market share as the global THC and CBD industries continue to mature.
Read the full press release here.
From the HMMJ website: “Horizons Marijuana Life Sciences Index ETF (“HMMJ” or “ETF”) seeks to replicate, to the extent possible, the performance of the North American Marijuana Index (the “Index”), net of expenses. The Index is designed to provide exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the marijuana industry.“
Okay. So you have an idea of what the HMMJ is, but allow me to give you a quick crash-course on ETFs and why this inclusion could provide earth-shattering results for ICC International Cannabis Corp.
Investopedia has a great breakdown: “The easiest way to understand ETFs is to think of them as mutual funds that trade like stocks. This trading characteristic is one of the many features that have made ETFs so attractive, particularly to professional investors and individual active traders.
… ETFs can be traded intraday, which provides an opportunity for speculative investors to bet on the direction of shorter-term market movements through the trading of a single security. For example, if the S&P 500 is experiencing a steep rise in price throughout the day, investors can try to take advantage of this spike by purchasing an ETF that mirrors the index (such as a SPDR), hold it for a few hours while the price continues to increase and then sell it at a profit before the close of business.
The ETFs stock-like quality allows the active investor to do more than simply trade intraday. Unlike mutual funds, ETFs can also be used for speculative trading strategies, such as short sellingand trading on margin. In short, the ETF allows investors to trade the entire market as though it were one single stock.
The reasons for the popularity of ETFs are easy to understand. The associated costs are low, and the portfolios are flexible and tax efficient. The push for expanding the universe of exchange-traded funds comes, for the most part, from professional investors and active traders.“
Can you see why this is such a big opportunity for WLDCF now?
This isn’t the only major move that WLDCF is making. Yesterday, the company dropped this press release:
International Cannabis Exploring Listing on Major International Exchange
VANCOUVER, British Columbia, April 04, 2019 (GLOBE NEWSWIRE) — ICC International Cannabis Corp. (CSE: WRLD.U)(FWB: 8K51)(OTC: WLDCF) (“ICC”or “International Cannabis” or the “Company”) is pleased to announce its intentions to pursue a public listing on a major international stock exchange. ICC is currently evaluating the strategic advantages derived from a potential listing on the NASDAQ, the New York Stock Exchange (the “NYSE”) or the Alternative Investment Market (“AIM”), a division of the London Stock Exchange (the “LSE”).
Eugene Beukman, Chief Executive Officer and a Director of International Cannabis stated: “ICC is committed to architecting a premier international cannabis company, and a listing on a major U.S. Exchange or the AIM will assist with expediting the expansion of our global presence. A public listing on a major international exchange will equip ICC with broader access to international capital, as well as foster long-term shareholder value by significantly increasing market awareness, liquidity and by attracting a broader audience of investors”.
Upon completion of comprehensive due diligence, International Cannabis plans to proceed with a public listing on the stock exchange that will provide the Company with the most measurable long-term benefits.
Read the full press release here.
Can you imagine the possibilities if WLDCF gets uplisted to at least one of these exchanges???
Let me give you an example of a pot stock that uplisted and more than tripled in value in less then a year.
Cronos Group (CRON) uplisted from the Nasdaq International Designation Program to the Nasdaq Global Market on February 27th, 2018.
When CRON closed on February 26th, 2018, its stock price was $7.76. On February 4th of 2019, CRON hit a high of $25.10.
That registers a move of over 223% in less then a year!
Can you understand why this WLDCF news has me hot and bothered?!?!
I mean, just look at how WLDCF traded yesterday on the potential uplisting news…
Opening at $.32, it climbed to a high of $.36 for a 12.5% move.
This could just be the beginning. Currently, WLDCF has a 1-month high of $.46. If a $.10 burst happens today to that 1-month high, that would provide a roughly 27% run from the $.36 high yesterday!
Yet another reason we could potentially see a burst today is that several short-term technicals were triggered yesterday after the near breakout.
Right now WLDCF has a bullish:
- 7-Day Average Directional Indicator
- 10-8 Day Moving Average Hilo Channel; and a
- 20-Day Moving Average vs Price
Listen, you can stand around and ignore what’s going on, or you can get WLDCF researched and be ready at today’s bell. It’s up to you!
More About ICC International Cannabis Corp.
Via its diversified portfolio of companies and subsidiaries, ICC International Cannabis intends to further establish itself as an international Cannabis industry consolidation platform. The Company’s mission is to inspire holistic wellness by augmenting the design, development and production of the world’s most innovative and best performing Cannabis products and facilities.
In evaluating a prospective target business, ICC International Cannabis expects to conduct a thorough due diligence review which will encompass, among other things, meetings with incumbent management and employees, document reviews, and inspection of facilities, as well as a review of financial and other information which is made available to them.
A Dedication to Quality
ICC International Cannabis believes that business success requires community engagement, which is why the Company plans on investing in and participating in the local business community, both inside and outside the Cannabis industry. ICC International Cannabis’ objective is to provide superior products at competitive prices. ICC International Cannabis is devoted to founding a global benchmark for the international Cannabis community.
Corporate Mandate & Strategic Contributions
ICC International Cannabis’ corporate mandate is to contribute financial, operational and management catalysts to their select industry partners. These strategic contributions afford the Company’s partners elevated abilities to expand core business units, while permitting autonomy and a continued focus on innovation. Supplemented by capital infusion and debt restructuring opportunities, ICC Cannabis affords their industry partners a variety of tailored value add service offerings including brand awareness, product positioning, cultivation and manufacturing expertise, as well as legal, financial and regulatory guidance.
WLDCF could be ready to go on a full breakout behind all this tremendous news. Will you be ready this morning?
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