Good evening members!
BTFL is my new monster pick for tomorrow morning!
Now as you know, the cause for Medical Marjuana and Recreational Marjuana has reached a fever pitch over the last 5 years as 23 US States have legalized or decriminalized medical use, while 4 States + Washington DC have legalized it for recreational use.
In fact, according to a CBS survey back in 2013, 76% of Doctors now approve of medical usage!
Medicalmarjuanainc.com also offers some interesting statistics as they claim the Legal Marjuana market is now valued at $3 BIL, growing 74%, and full legalization nationwide would result in $37 BIL in projected sales!
Needless to say, advocates sure have a lot to celebrate this year. But the road to success is often rocky, and that's where BTLF comes in....
BTLF is about to turn the indoor cultivation of cannabis on its head and all thanks to a recent management agreement signed with Greensky Inc.
BTLF is weeks from transferring licenses and permits to a new state-of-the-art 28,000 sq. ft. indoor medical and recreational marijuana grow facility. You can just imagine what this means for BTFL’s growth potential, let alone its short term upside.
Since making the announcement late April the play has been on fire, trading above 10 cents for most of the period. Pullbacks have brought the play within reach again and at 8 cents a share, BTLF has very pristine upside potential.
And let me not forget: BTLF has a short interest that I believe lends itself to some strong short squeeze potential.
This is a serious short term opportunity so begin your research straight away.]
BTFL’s Amazing Technicals
It wasn't too long ago that BTLF traded to highs of .55 - 400% HIGHER than the current price.
Since January, however, traders saw this trend down before bottoming in February and bouncing off the bottom to for a Triangle Pattern.
BTLF now exhibits a potential breakout level at the upper pattern's trend line.
Could a breach of this level spell a continued Breakout and new Bullish Trend?
BTLF has 56 million shares in the public float, a relatively tiny amount compared to other companies in the cannabis space.
BTLF has a short interest that could influence some price accumulation if the short squeeze takes effect.
BTLF is about to commence management of an indoor cultivation facility for cannabis. This gives the company control over not just cultivation, but distribution of cannabis in the lucrative Colorado market.
BTLF has shown strong price accumulation in the past. In April the play opened at .11 and rallied to a high of 13 for one-day gains of 18%.
BTLF is trading at a discount to its 50 DMA of .12. From current levels this represents potential undervaluation of up to 50%.
About BTFL
BTLF Monarch America, Inc., through its The Big Tomato, Inc. subsidiary, sells and distributes hydroponic lights and equipment to the indoor gardeners and commercial growers in Denver, Colorado and the surrounding communities.
BTLF offers grow lights and boxes, hydroponic systems, ballasts, bulbs, nutrients and additives, and other hydroponic and gardening items. The company also provides turnkey solutions, as well as management and consulting services to the legal and regulated marijuana industry.
Nevada Shows Support For Indoor Farming – BTFL Has Strong Growth Potential
Nevada is encouraging the development of indoor farming in the state, a low-water use sustainable agriculture practice that could help reduce the state’s dependence on unpredictable tourism spending.
The sector is still small in the US and not one state has cornered the market, the Associated Press reports. Nevada hopes to change that. The governor’s Office of Economic Development is in talks with 10 different agriculture-related businesses that are considering expanding or relocating in Nevada. The economic development office also co-sponsored its first indoor agriculture conference in Las Vegas, an event that brought together about 250 scientists, farmers and entrepreneurs, according to the AP.
News Development
Monarch America (BTFL) Signs Exclusive Management Services Agreement for State-of-the-Art Colorado Grow Facility
BTLF has entered into an exclusive Management Services Agreement with Greensky Inc., a company establishing a marijuana cultivation operation in Colorado. Greensky is currently near completion of a new state-of-the-art 28,000 sq. ft. indoor medical and recreational marijuana grow facility designed and engineered by Monarch America.
The Company anticipates that construction at the Denver location will be completed within 2-3 weeks with the required licenses and permits transferred to the location within 30 days.
BTLF is a company trying to hit on all cylinders of the industry, offering management/consulting services, cultivation facility leasing, property management, and equipment leasing, and even owns a Denver-area based hydroponics & indoor gardening supplies store called Big Tomato!
BTLF is also exploring marijuana-infused beverages to be branded under it's MFuze licensed brand!
BTLF appears to truly have their hand in every aspect to support this Growing "Once-in-a-Lifetime" industry - a potential Juggernaut of the sector.
To learn more about BTLF please visit their website: http://www.monarchamerica.com
BTLF is no doubt very close to starting its management operations for Greensky which means an update on the deal could drop very soon. The time to capitalize on BTLF’s short term upside is right now.
Make your move ASAP!
Do not let this opportunity slip out the next major profit in your pocket from this point!
Remember: BTLF is not going to be at this level for too long after their campaign tomorrow morning!
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