As you can see from MCTC's 6-Month chart, this stock hit a high of $1.845 back in September.
On that day, MCTC opened up and climbed an incredible $.60 in one session from $1.245 to that high (67% intraday).
From today's approximate close in the $.35 range, a return to that high would provide MCTC with a run of over 400%!
Even a $.60 single day run (which we've see happen above), would provide this stock with an approximate surge of over 150%!
As you can see, the upside potential is extremely noteworthy at the least.
Now, here are the catalysts that could help jump-start potential runs of those magnitudes.
#1 MCTC Key Catalyst - Hemp You Can Feel™ Coffee
MCTC Announces Hemp You Can Feel(TM) Clean Label Coffee
LOS ANGELES, CA / ACCESSWIRE / January 6, 2020 / MCTC Holdings, Inc. (OTC:MCTC), a "Green Wave" science forward company developing unique hemp infusion technologies, today announces Hemp You Can Feel™ Coffee, based on its patent pending hemp extract infusion technologies.
Mr. Arman Tabatabaei, CEO of the Company commented, "We have developed a truly unique hemp extract coffee product that will be offered to consumers later this month. The new product is based on our recently completed R&D efforts that resulted in our dual infusion clean label process that uses only natural ingredients and zero chemical additives. Our first introduction will be for single serving coffee pods in a 100% compostable format, including the pod, lid and all packaging. We are excited to present the Hemp You Can Feel™ Coffee Story."
The Hemp You Can Feel™ Coffee Story
At MCTC Holdings we love CB products but noticed that many do not meet purity and potency claims and so do next to nothing for the consumer. Based on this belief, we created Hemp You Can Feel™ Coffee. There are several important differences in this unique coffee product line.
Our products are 95% organic and based on some of the highest quality ingredients available in the marketplace. Green coffee beans are imported directly, roasted and ground on site enabling us to closely monitor the entire process.
While most hemp coffee brands simply spray extracts onto the coffee, our product is based on a unique dual infusion process that provides superior taste and availability of the hemp extracts to the body. It is so new and innovative it is Patent Pending with the U.S Patent and Trademark Office. Unlike the majority of other infused products, we use no chemicals, surfactants, or artificial processes to make our infusions. It is certainly more expensive to infuse organic coffee with only hemp extracts, organic non-GMO starches from vegetables, honey from organic farms, and trace amounts of organic vegetable and coconut oils, but it clearly produces a superior product with an ingredient list we are very proud to place on our products list.
Read the full article here.
#2 MCTC Key Catalyst - Applied For A 5th Patent
MCTC and [...] Nanosciences File 5th "Green Wave" Delivery Patent - Novel, Undetectable Infusion for Foods and Beverages
LOS ANGELES, CA / ACCESSWIRE / December 12, 2019 / MCTC Holdings, Inc. (OTC PINK:MCTC), a science forward company developing unique hemp and "Green Wave" infusion technologies, today announces the filing of a patent on a new hemp extract and "Green Wave" delivery system for food and beverages. The technology enables formulators to utilize very small amounts of extracts in order to produce similar or superior results compared to other infusions. As the Company recently announced, independent testing laboratories confirm when used as directed, Hemp You Can Feel™ is undetectable in industry standard testing protocols. MCTC plans to market products based on the novel infusions under its Hemp You Can Feel™ brand and to license the technology were appropriate.
"We have produced some spectacular results and test data on this new technology and we are in discussions with several companies that are planning product introductions based on Hemp You Can Feel™ technology," commented Chief Executive Officer, Arman Tabatabaei. "This marks our 5th patent with several more expected over the short term. We have already begun development to create polymeric nanoparticles of this material, which we believe could represent an additional industry breakthrough. In addition, we are in the process of developing our 'Green Wave' nanoparticle creation protocols."
The technology for which the Company is seeking intellectual property protection is based on hemp extracts, but does not use chemical surfactants or stabilizers, which are typically added to most hemp beverages and food infusions. Additionally, the process occurs at room temperature, utilizes no artificial colors, dyes, or preservatives and most importantly, there is no [...] taste.
The Company has recently filed four other patents on hemp extract technologies and delivery systems. MCTC is currently working with patent counsel to protect several other internally developed technologies. Additionally, as previously announced, the Company plans to continue other areas of delivery systems research including its programs pertaining to polymeric nanoparticles and nanofibers. The technologies being announced today are non-nanoparticle based.
Read the full article here.
#3 MCTC Key Catalyst - Letter To Shareholders
MCTC CEO Year End Letter - More IP and Products for 2020
LOS ANGELES, CA / ACCESSWIRE / December 16, 2019 / Dear MCTC Shareholders:
It's near the end of 2019 and we feel this is a perfect time to provide all of our shareholders with a recap of 2019 and an overview of our plans as we move into the new year. All of us at MCTC (OTC PINK:MCTC) wish you and your family a happy holiday season. We are certainly looking forward to having you on board the MCTC team as we move into 2020.
During late May of this year, a new management team lead by Arman Tabatabaei was installed and an experienced board of directors was appointed. The core team has been involved in various aspects of the "Green Wave" and hemp markets for a considerable period of time. We are in the process of changing our corporate identity [...].
Arman is highly experienced with a background in commercial/residential lending and as a consultant to public companies in both the hemp and "Green Wave" sectors. Directors Robert Hymers, Edward Manolos and Dan Nguyen all have considerable business and "Green Wave" sector experience. Robert holds a Master of Science in Taxation and a Bachelor of Science in Accountancy, in addition to a CPA license. Formally with Ernst & Young, where he worked in the Firm's core assurance practice performing audits of publicly and privately held companies, he has numerous interests in a variety of [...] businesses. Mr. Manolos is one of the true pioneers of the California medical "Green Wave" marketplace. He has managed and operated over thirty-five dispensaries from Los Angeles to San Jose including twenty in Los Angeles and is credited with starting Los Angeles' first Medical MJ farmer's market.
The Strategic Plan
After the reorganization in May, we quickly settled on a strategic plan for the rest of 2019 and into 2020. While the Company's original plan was to enter the hemp cultivation and post-harvest processing segment, during June and July we began to notice several ominous signs within that segment that indicated a looming oversupply of hemp and processed materials. Fortunately, we were early enough in our planning cycle to allow for a business redirection, thus allowing MCTC to avoid many of the well-publicized issues currently being experienced in the hemp sectors. This hemp industry upheaval had a silver lining for MCTC in that it has lead us to our current strategic direction.
Re-Positioning in the "Green Wave" Sciences Arena
It is our team's strong belief that one of the most underserved submarkets of the hemp and "Green Wave" marketplaces relates to the delivery of hemp extracts and [...] to the human body. The Farm Bill of 2018, which made hemp legal at the federal level, is now one year old. Prior to this time, it had generally been illegal for scientists and researchers to possess hemp extracts, thus there had been very little research accomplished. The passage of the Farm Bill has now opened up numerous areas of research for MCTC, and others, to pursue relative to developing the best methods and sciences relating to administering hemp extracts and [...] to the human body. [...].
R&D and Intellectual Property Accomplishments
In only a few months, through our internal development efforts and through the efforts of our CROs (Contract Research Organizations) we have begun to make an impact within the "Green Wave" sciences arena. We recently announced a new [...] delivery system to be marketed as a replacement for alcohol in many beverages. The technology enables formulators to utilize very small amounts of extracts in order to produce similar or superior results compared to other infusions. As the Company recently announced, independent testing laboratories confirm when used as directed, Hemp You Can Feel™ is undetectable in industry-standard testing protocols. MCTC plans to market products based on the novel infusions under its Hemp You Can Feel™ brand and to license the technology were appropriate. On December 12, 2019, we filed a patent application to protect this unique technology. We also believe we are the first organization to develop high load factor polymeric nanoparticles and nanofibers of [...] and the first to combine several delivery technologies with unique bio-enhancers.
Just Getting Started on the "Green Wave" Technology Front
We think our cutting edge research and development work in the laboratory is just getting started. We recently started a project to produce nanoparticles of our Hemp You Can Feel™ technology and [...] glycosides, the first phase of which is expected to be completed by the end of 2019. Our next phases of research, and our most ambitious, is to create glycosides and nanoparticles of non-psychoactive [...], two lesser-known [...], to be used on appetite suppression and sleep product trials. Our research thus far has resulted in the filing of five patent applications, with several more filings likely during the early part of 2020.
Our Capital Structure
We are especially proud of our capital structure. As of our last filing with the U.S. Securities & Exchange Commission (SEC), there were approximately 14.1 million shares outstanding. The vast majority of these shares are controlled by our board members and a subject to significant sales restrictions. We have also been able to file a registration statement with the SEC, which went effective very quickly, for 1,333,333 shares, which allows us to offer shares to institutional investors in order to finance our future R&D and product programs.
Overall, we are very happy with the progress we have made during 2019 - we feel we have already made an impact within the "Green Wave" sciences marketplace. Moving into 2020 we plan to continue to enhance our R&D efforts and to increase our IP portfolio. In addition, during the month of January, we plan to announce several new direct product offerings based on these technologies and to begin our official transition into our new corporate identity [...].
For the full letter, go here.
MCTC has several catalysts that are pointing towards a company moving in the right direction in 2020 and beyond.
With a low float of only 3.5Mn shares, more news like the news above could become the next catalyst to fuel a breakout for this stock profile.
Before tomorrow, I'd advise going back through this report and re-reading again just how special this company could be on the verge of becoming.