ARCS Gets Ready to Cash In On the Marijuana & Hemp Industries
Good Afternoon!
ARCS has just made two announcements that telegraph its intent to deliver on its growth potential.
The company is about to enter the hemp space having created a subsidiary to develop hemp-infused products. This is huge; but perhaps not as huge as the second announcement.
ARCS is also entering the marijuana space – but with a twist which gives it a huge advantage. Most companies entering the space open shops (or dispensaries).
ARCS on the other hand, is going for broader mass appeal. The company has announced plans to develop a marijuana-themed mobile app for iOS and Android.
Of course both these announcements have made the play super-hot and with a recent pullback, traders have an opportunity to buy the dip. The upside opportunity is huge (as you’ll see in the technicals below).
Basically you have a low-priced monster that is delivering strong news in a growth sector.
Make your move as soon as you can.
ARCS’s Technicals
ARCS is oversold with a RSI of 43. This presents huge short term upside opportunity.
ARCS has just 5.5 million shares in the public float. Huge opportunity on the back of a short squeeze.
ARCS has seen an eruption in daily volatility and average volume is now well over 1 million shares.
ARCS is set to capitalize on the growing market for hemp-infuse products. The company has created a subsidiary in order to create a new line of hemp seed coffee pods and hemp energy drinks.
ARCS is also pushing ahead with plans for a marijuana mobile app. This will allow smokers to upload pictures and send instant messages to friends. The app will be available to both users on iOS andf Android.
About ARCS
ARCS (Arcis Resources Corporation) by and through its wholly owned subsidiaries, is a technology solution provider with strong focus on software, web, mobile apps, and social media.
ARCS specializes in developing online information and directory portals for markets that strategically bring revenue and growth. Its goal is to serve as a platform for software, web, mobile app, and social media development used for licensing and distribution worldwide.
ARCS was founded in 2006 and is based in Birmingham, Alabama.
Marijuana Is America’s Fastest Growing Industry
Legal marijuana is the fastest-growing industry in the United States and if the trend toward legalization spreads to all 50 states, marijuana could become larger than the organic food industry, according to a new report obtained by The Huffington Post.
Researchers from The ArcView Group, a cannabis industry investment and research firm based in Oakland, California, found that the U.S. market for legal cannabis grew 74 percent in 2014 to $2.7 billion, up from $1.5 billion in 2013.
News Development
Arcis Resources Corporation Creates New Subsidiary Desigual SA That Has Plans for a New Line of Hemp Seed Coffee Pods and Hemp Infused Energy Drinks
ARCS announced huge plans in June for a newly created subsidiary. According to the release, ARCS has plans for a new line of hemp seed coffee pods.
The coffee pods will contain organic hemp seeds with premium Colombian coffee beans to produce an intense, full-flavored hemp seed coffee that doesn't leave a bitter after-taste. It will also contain Omega 3 acids.
These fatty acids promote heart health, lower triglycerides, work to reduce inflammation, promote brain health and support the immune system. The energy drinks will have hemp infused seed oil. Fatty acids in hemp oil are associated with health benefits that include protection against heart disease, cancer, bowel disease and other auto immune diseases.
To learn more about ARCS please visit their website: http://arcisresources.com/
ARCS is perhaps the most accessible trade idea in the marijuana space I have seen in a while. If you move on it with some purpose you should maximize on its short term upside potential.