The global CB market is anticipated to grow at a lucrative rate over the forecast period owing to growing adoption of CB-based products for

StockWireNews

Technical Breakout In Progress: This Low Float Green Wave Stock Could Be Ready To Burst

> LITH Is A "100% BUY" Overall On Barchart <

Low Float - Approx. 4.1Mn Shares According To Yahoo Finance

February 5th

Good Afternoon,

Under-the-radar might be an understatement regarding your new stock profile.

In fact, it was only during the month of January when this company officially changed direction and once Wall Street finds out, this stock could run wild.

The global CB market is anticipated to grow at a lucrative rate over the forecast period owing to growing adoption of CB-based products for treating various medical conditions.

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The numbers speak for themselves. The "Green Wave" is already here, and it appears the future looks bright as more legalization movements take place.

One company is starting to make major changes to their operations and I want to bring their existence to your attention before others pick up on just how undervalued their stock is.

Your new breakout stock profile for Thursday, February 6th is:

*US Lithium Corp. (LITH)*

US Lithium Corp. and its Board of Directors recently announced that it is conducting a strategic review of the company in order to identify future prospects and opp's that could deliver exceptional growth and increase shareholder value.

Gregory Rotelli, Chairman of the Board, recently announced, “One such industry which holds much promise for corporate growth, while improving the lives of individuals, is the medical CB and 'Green Wave' industry.

According to the Brightfield Group, CB sales in the US are projected to grow from around $600Mn in 2018 to $23.7Bn by 2023, a CAGR in excess of 100%. Numerous studies have shown that CB supports the mind and body in several ways including seizure suppression, anti-anxiety, analgesic, and anti-inflammatory properties.

CB sales were made legal across the US in December 2018 when the Farm Bill was enacted by President Trump. This legislation legalized industrial production of Hemp as well as CB and other "Green Wave" products derived from Hemp. The CB industry has already experienced significant growth since the Farm Bill went into effect.

According to BDS Analytics and Arcview Market Research, sales growth will come from products sold through licensed dispensaries, pharmaceutical companies, and in general retail markets- from cafes and smoke shops to grocery stores, pharmacies and mass merchants. Major retailers and pharmacies continue to announce their stocking and private label development of CB products. CB is also becoming a component of many medical products and pain relief topicals.

LITH has identified a market that looks like it could be a monster for years to come which makes the company look like a hidden gem at the moment. That's why you need to focus in on what's happening right this second...

Technical Breakout Triggered On LITH? Check Out These Indicators & Chart

According to Barchart, LITH is currently a "100% BUY" overall due to its technical indicators.

Here are some of the key bullish indicators LITH is trading over:

  • 20-Day Simple Moving Average
  • 50-Day Simple Moving Average
  • 100-Day Simple Moving Average
  • 150-Day Simple Moving Average
  • 200-Day Simple Moving Average
  • 5-Day Exponential Moving Average
  • 13-Day Exponential Moving Average

Additionally, LITH's 5-Day EMA is trading above its 13-Day EMA while Barchart reports its composite "TrendSpotter" indicators to be a "BUY" overall.

Here's a look at LITH's 6-month chart if you need to see how hot this stock has been and where it could start climbing to:

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It's almost like this new company direction is bringing some serious attention to this undervalued stock...

#1 LITH Key Catalyst - New Contract With IHN

US Lithium Corp. Wins Manufacturing & Distribution Contract From International Healthcare Network

HENDERSON, Nev., Jan. 30, 2020 (GLOBE NEWSWIRE) -- US Lithium Corp (OTC QB: LITH) (the ”Company”) is pleased to announce that its CB manufacturing business has been awarded an exclusive purchase and distribution agreement by International Healthcare Network (“IHN”) for at least four of its products. One much anticipated product is a highly concentrated topical pain cream developed in conjunction with leading chiropractors across the country.

“After extensive patient testing, our products were chosen due to their effectiveness and value. We are proud to have been selected by IHN and look forward to working with them on the marketing and distribution of our CB-based products,” stated Gregory Rotelli, Chairman of the Board of LITH.“

We’re excited to partner with Greg and his team to supply effective pain relief products across our network. Medical professionals and patients alike quickly recognized the quality of the products during our evaluation trials,” stated Dr. Donald Cenk, a principal of IHN and one of the nation’s leading chiropractors.

This multiyear agreement is an example of the Company’s focus on securing large distributor arrangements with proven sales and medical organizations. Initial sales and product fulfillment efforts will begin this month and will include significant mass media advertising across a multitude of channels. Additional products will be incorporated into the agreement as they are ready for market.

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#2 LITH Key Catalyst - New Acquisition

US Lithium Corp. Enters CB Industry Through Strategic Asset Acquisition

HENDERSON, Nev., Jan. 21, 2020 (GLOBE NEWSWIRE) -- US Lithium Corp. (OTC QB: LITH) (the ”Company”) is pleased to announce that, effective January 20, 2020, it has acquired four [...] related contracts between Hemp Cloud 9 and four unrelated parties in exchange for 4.7M shares of LITH stock. As a result of these acquisitions the Company will change its primary business from minerals to "Green Wave" products." The Company also intends to change its name, stock symbol and website within the next 30 days to better reflect this new strategic direction.

Through this acquisition the Company now has contractual relationships with well-known farmers for raw material acquisition, certified contract manufacturers for production, and distribution partners to sell exceptional products at the lowest possible cost to both the CB and medical industry. The Company will control its products from ’seed to shelf’ without the need for expensive infrastructure and operating overhead. Instead, the Company will be able to dedicate its resources primarily to product development and sales.

“This acquisition positions our company as a contract manufacturer and supplier in the high growth [...] industry. Going forward our focus will be on helping improve the lives of individuals while maximizing shareholder value,” stated Gregory Rotelli, Chairman of the Board.

The collective market for CB sales is expected to exceed $20Bn in the United States by 2024, according to BDS Analytics and ArcView Market Research. The Company now has the key farming, manufacturing, and distribution agreements in place to become a major force in this exciting new growth industry. Announcements regarding initial products and distribution channels will be forthcoming over the coming weeks.

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Before the company changes its name and symbol, don't you think you should start checking it out???

The slightest bit of news, including the name/symbol changes, could continue this current share price growth in the short-term.

And, as Yahoo Finance reports this stock to only have 4.1Mn shares in its float, volatility could be a major factor in a short-term breakout if the news is good.

Make sure you have LITH on your radar for Thursday. It could be make or break time.

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Make sure to get LITH to the top of your watch-list for tomorrow's opening bell.

Sincerely,

Kai Parker

StockWireNews


(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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