WLDCF – Your New Oversold Cannabis Alert Oozing With Wild Upside Potential
Just when you think this week couldn’t get any wilder, I’ve decided to drop a brand new Cannabis alert at your front doorstep. But, before we get into all the details, let me give you a quick update on this week’s massive champ, ANFI.
After I brought ANFI to your attention at $1.18 post-market this past Friday, it has been nothing less of a juggernaut this week as we’ve already seen a high of $1.79!
That $.61 move can be considered a spectacular surge of over 51%! Just imagine you jumped on Monday at the bottom at $1.18 for 8,500 shares. If you held until Wednesday, you could have made a potential profit of over $5K!
Now, I’ve got this new Cannabis alert for you. I think it could provide a smashing way to end this week on a stunning high note.
ICC International Cannabis Corp. (WLDCF), through its subsidiaries, has operating assets and is developing a world-class platform for cultivation, extraction, formulation and distribution across the globe in the United Kingdom, Denmark, Poland, Switzerland, Germany, Macedonia, Bulgaria, Serbia, Croatia, Greece, Italy, Portugal, Malta, Colombia, Argentina, Australia, South Africa and Lesotho.
Listen, I’m going to cut to the chase. Here is one of the major reasons you need to get WLDCF on your radar ASAP. Read this article now:
International Cannabis and Wayland Confirm Intent to Finalize Transaction
VANCOUVER, British Columbia, March 11, 2019 (GLOBE NEWSWIRE) — ICC International Cannabis Corp. (CSE: WRLD.U)(FWB: 8K51)(OTC: WLDCF) (“ICC”or “International Cannabis” or the “Company”) is pleased to reaffirm that the Company and Wayland Group Corp. (CSE: WAYL)(FWB: 75M)(OTCQB: MRRCF) (“Wayland”) are diligently working towards completing a Definitive Purchase Agreement (the “Definitive Agreement”), as per the previously announced Letter of Intent (“LOI”).
Both International Cannabis and Wayland are nearing the conclusion of their strategic reviews and expect to enter into a Definitive Agreement. Upon closing of the transaction, Wayland’s international assets and licences will be transferred to a subsidiary (the “International Subsidiary”), owned by Wayland and International Cannabis; 50.1% and 49.9% respectively. The International Subsidiary will include key management, pharmaceutical professionals and operations personnel from Wayland.
The Companies expect to realize material synergies from this transaction, resulting in accelerated revenues, as well as the continued enhancement of shareholder value. International Cannabis and Wayland will capitalize on economies of scale to develop optimized production and distribution strategies, branding campaigns, as well as the penetration of new cannabis and CBD markets and verticals.
Together, ICC and Wayland boast operations in 18 distinct geographies, all with a central function to supply cannabis to the global market. Equipped with experienced cross-functional teams, healthy treasuries and the most robust license and asset portfolio in the industry, the Companies will collectively champion the global consumer’s THC/CBD experience.
Upon successful completion of the transaction, International Cannabis and Wayland will jointly hold or have access to the following:
- Distribution or supply agreements with over 39,000 pharmacies and retail outlets;
- 820,000 square feet of clean room cultivation space (replacement cost of 110M euros);
- Good manufacturing practice and good distribution practice certifications for 50,000 square feet;
- Highly experienced European operations team, with extensive upstream, downstream, logistics, construction and distribution capabilities;
- Over 275 metric tonnes of extraction-ready hemp inventories, resulting in near-immediate access to superior CBD concentrates;
- Forecasted production of 15,000 kg of CBD isolate in 2019;
- 30,000 kg EU-GMP medical Cannabis import agreement over a three year term with Wayland;
- 16 licences, spanning, 12 countries and four continents.
Eugene Beukman, Chief Executive Officer and a Director of International Cannabis, stated: “The Companies have been diligently working towards a Definitive Agreement. The transaction would further solidify ICC as a global cannabis leader, with exposure to a broad range of jurisdictions and consumers.”
Listen. If the bullet points in that article don’t get you salivating, I don’t know what will!
Heck, even if you skipped over the bullet points, you still would have run into phrases like, “accelerated revenues,” “robust license and asset portfolio,” and “global cannabis leader.”
According to Arcview Market Research and research partner BDS Analytics, the worldwide legal Cannabis industry is expected to grow 38% to $16.9B in 2019, up from $12.2B in 2018.
To give you an idea of the accelerated growth, in 2017, industry spending was only at $9.5B.
It’s clear that WLDCF does not take these numbers lightly and sees itself as a company to be reckoned with moving forward in the Cannabis industry.
Just take a look at the total number of countries that WLDCF has subsidiaries in. They are looking to create a global network that could dominate the Cannabis industry landscape.
And, when this “Definitive Purchase Agreement” with Wayland Group Corp. comes to fruition, share prices of WLDCF could start soaring. With the agreement nearing a conclusion, don’t you think you might want to have WLDCF at the top of your watch-list?
There really couldn’t be a better time to have WLDCF on your computer screen because a healthy reversal could be triggered at any moment. Look at the technicals!
Currently, WLDCF has a 9-Day Relative Strength Index and 14-Day RSI both below 44%.
So you know, 50% is considered neutral, and as Wednesday’s trading session continued, those percentages kept slipping closer and closer to oversold territory.
Don’t bypass WLDCF‘s 9 and 14-Day Raw Stochastics. Both are hanging around 5%. When that percentage drops below 10%, a stock is considered oversold. This lends even more credence to a potential reversal.
When a Williams %R technical indicator climbs over 90%, a stock is considered in oversold territory. Right now, WLDCF‘s 9 and 14-Day Williams %R are both over 94%.
Can you smell the oversold-ness on this ticker? Could a healthy reversal be in the cards?
Between all the recent news, the booming Cannabis industry, and these oversold technicals, WLDCF could be a powder-keg ready to explode!
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.
Recent News/PR On WLDCF
International Cannabis Signs European Licensing Agreement With Authentic Brands Group to Develop a Suite of CBD Products; Doubles Potential Targeted Points of Distribution
VANCOUVER, British Columbia, March 19, 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 a licensing agreement with Authentic Brands Group (“ABG”), to market and distribute cannabidiol (“CBD”) derived health and wellness products throughout Europe, under the Marilyn Monroe®, Elvis Presley®, Greg Norman®, Tretorn®, Aéropostale®and Frederick’s of Hollywood® brands.
ICC will leverage these widely recognized and trusted powerhouse brands that are already prominently featured on thousands of store shelves across Europe. This will enhance ICC’s opportunity to capture significant share in the following rapidly growing lifestyle and wellness categories:
Active/Outdoor: Greg Norman®, Marilyn Monroe®, Tretorn®;
Beauty and Cosmetics: Marilyn Monroe®, Elvis Presley®, Frederick’s of Hollywood®;
Wellness and Supplements: Greg Norman®, Marilyn Monroe®;
Foot Care: Tretorn®, Greg Norman®;
Health and Wellness: Greg Norman®, Aéropostale®, Tretorn®;
Lifestyle: Elvis Presley®, Aéropostale®, Marilyn Monroe®, Frederick’s of Hollywood®;
Pet: Elvis Presley®, Greg Norman®, Marilyn Monroe®, Tretorn®;
Remedy: Greg Norman®, Aéropostale®, Tretorn®; and,
Sexual Wellness: Elvis Presley®, Frederick’s of Hollywood®, Marilyn Monroe®.
With a population of over 700 million, Europe provides unique opportunity to service a marketplace already familiar with CBD and primed for accelerating growth with superior products and iconic brands.
Eugene Beukman, Chief Executive Officer and a Director of International Cannabis, stated: “The European marketplace for CBD crosses nearly all demographics and product categories.We believe that whether consumers are familiar with CBD or are first time users, they will gravitate towards these recognizable brand names that already resonate strongly across other key categories, rather than a newly created branding effort, or niche so-called millennial brands, which is a path many other companies are taking.
The relationship with ICC’s partnership with ABG creates a true ‘House of Brands’ for ICC, which compliments its product strategy by delivering unique CBD-based solutions to diverse targeted audiences, that are both known and trusted across our entire potential consumer base, from student to senior citizen to domestic pets.
With operating licenses in 13 countries in Europe, a full-spectrum library of genetics, seeds and strains, a supply of on-hand organic product inventories ready for sale starting in Q2 2019, multiple EU-GMP certified facilities equipped to formulate and produce various product lines and experienced operations, branding, marketing and quality assurance personnel, ICC is in pole position to supply its distribution network and the consumer from seed to sale.
What’s more, in addition to the Company’s existing base of 39,000 retail outlets and pharmacies, the ABG partnership provides potential entree to tens of thousands of distribution channels and points of sale where the existing offerings can potentially be augmented by CBD products.”
“ICC has positioned themselves in Europe as one of the first movers and vertically integrated players in the health and wellness CBD space,” said Daniel W. Dienst, ABG Executive Vice Chairman. “We believe in the extraordinary potential of the CBD category look forward to collaborating with ICC to launch these brands in CBD across the European market.”
The licensing agreement between ICC and ABG was developed in conjunction with advisory services provided by Cannabis Lifestyle Partners (“CLP”).
The licensing agreement was executed on March 18, 2019 and extends for a ten-year term from the effective date.
You have the details. This is a company on the cusp of potential greatness, and right now it is trading from oversold territory. With its recent licensing agreement signed this week (above), it looks like there is nothing slowing down WLDCF.
Drop everything right now and start researching. WLDCF could storm today’s bell.
Stock Wire News
Pursuant to an agreement between StockWireNews LLC and World Wide Holdings LLC (a non affiliated 3rd party), StockWireNews LLC has been hired for a period beginning on 3/15/19 and ending on 3/18/19 to publicly disseminate information about (ANFI) via Website, Email and SMS. We were paid Fifteen Thousand USD via bank wire. We own zero shares of (ANFI). We have previously profiled (ANFI), but were not compensated. Pursuant to an agreement between StockWireNews LLC and Awareness Consulting Network LLC (a non affiliated 3rd party), StockWireNews LLC has been hired for a period beginning on 3/20/19 and ending on 3/21/19 to publicly disseminate information about (WLDCF) via Website, Email and SMS. We were paid Twenty Thousand USD via bank wire. We own zero shares of (WLDCF).