www.MEDTcorp.com
Current Price: $0.0011
Members,
We kicked off the trading week on Monday with a fresh NASDAQ-listed trade.
The company produced just +3.92% in realistic profit thus far, however we expect additional upside in the days and weeks ahead.
For today's new pick, our analysts have spent several hours scanning the markets in search of something with significantly more upside in the short-term.
And by short-term, we mean a company that is currently trading for a fraction of a penny, with the ability to show our subscribers incredible gains within just one trading session.
Immediately turn your attention to MEDT (MediaTechnics Corp.).
MEDT is a Las Vegas, Nevada based company that focuses on creating product lines for the multi-billion dollar legal cannabis industry.
Over the last few years, the legalization of marijuana, both medical and recreational, is widely being adopted across the U.S., with 23 states and the District of Colombia, jumping on the bandwagon.
Other states such as California, Arizona, Nevada, Maine, and Massachusetts have recently created adult-only use (21+) ballot initiatives for this November’s election, and if all 5 states pass, then approximately 25% of the U.S. population will live in a “Free State” where adults will be free to enjoy marijuana without the fear of persecution.
Through the company's subsidiary, Evergreen Systems Inc., MEDT is aiding the cannabis industry with a map-based mobile app and website, known as BlazeNow, designed to provide location and product specific advertising in addition to a consumer review system for dispensaries, vape shops, accessories, delivery services, and doctors.
Through the iOS and Android compatible BlazeNow app, Over 3,000 Currently Registered Companies can advertise their location, product menu and offers/discounts/rewards for those consumer users who are active in review participation.
Recent Developments:
On March 2, 2016, MEDT announced that it has Signed on Two Top Cannabis Industry Consultants who will assist the company in identifying, evaluating, and negotiating on their behalf new opportunities in the industry.
MEDT's new consultants will be responsible for the success of Exhale Med Center, the top rated dispensary in Los Angeles, the epicenter of the world's retail cannabis industry. They have master level knowledge and experience in all forms of extraction, branding, product development & product and sales trends as well as an extensive network of contacts throughout the industry.
This could be the biggest year in cannabis history as California, Nevada, Arizona, Massachusetts and Maine all gear up for Adult Use (21+) ballot initiatives this November to join Colorado, Washington, Oregon, Alaska and Washington DC in full legalization. If these five states pass, approximately 25% of the US population will live in "Free States" (in the green sense) where adults are free to enjoy marijuana for not only medical purposes but the improvement of quality of life without the fear of persecution.
Jeremy Carr, President and CEO of MEDT stated, "Our partnerships with these two consultants is in preparation for ramping up our business opportunities. We expect to have a banner year in 2016". We also will update or shareholders on our flagship product BlazeNow in our next press release".
On April 20, 2016, MEDT announced that is has Acquired Two Celebrity Spokespeople, hip-hop legends and stars of the 2001 cult-favorite movie “How High”, Method Man and Redman.
The hip hop legends have entered a Letter of Intent to endorse BlazeNow through their extensive reach in the entertainment world.
In addition to being spokespeople, Redman and Method Man are equity partners in the company.
Market Outlook:
- 23 states and the District of Colombia have legalized the use of marijuana however research analysts predict a total of 37 states could exist by 2020.
- California, Arizona, Nevada, Maine, and Massachusetts have ballot initiatives this November for full legalization.
- If these initiatives in all 5 states pass, then approximately 25% of the U.S. population will live in a “Free State” where adults (21+) will be free to enjoy marijuana without the fear of persecution.
- The first federally approved study for the effects of cannabis on veterans with Post Traumatic Stress Disorder (PTSD) by the U.S. Drug Enforcement Administration was recently passed.
- Legal sales of marijuana total $5.4 billion in 2015 and is predicted to exceed $20 billion per year by 2020.
- The U.S. has approximately 6,000 legal medical marijuana dispensaries.
- The state of Washington has an estimated 600 medical marijuana dispensaries.
- By 2020, the state of Oregon is projected to exceed $450 million in cannabis sales.
- The state of California is currently the largest legal cannabis market in the U.S. generating annual revenues of $1.3 billion.
- Other market research estimated the legalized cannabis market could be worth $11 billion by 2019.
- Currently, the U.S. medical and recreational marijuana market is valued at $21 billion, however if all 50 states legalized marijuana, then it could become larger than the $45 billion organic food industry.
- Further market analysts predict cannabis sales have the potential to total between$7.4 - $8.2 billion by 2018, while others forecast the industry will see $10.2 billion in sales by 2019.
- Market research by the ArcView Group estimates that 14 U.S. states will legalize adult use of cannabis by 2020.
Technical Analysis:
MEDT is making its presence felt in the legalized cannibis industry.
As a result, investors are taking notice and MEDT has moved from $0.0001 to the current price of $0.0011 per share over the last three months for a +1,000% gain.
The company's momentum appears to just be getting started...
We suspect that MEDT will easily break through its 52-week high price of $0.0012 per share today.
The expert analysts at Barchart.com agree, giving MEDT an overall average of a '72% Strong Buy'.
Just take a look at the company's short-term indicators:
7 Day Average Directional Indicator - Buy
10 - 8 Day Moving Average Hilo Channel - Buy
20 Day Moving Average vs Price - Buy
20 - 50 Day MACD Oscillator - Buy
Short Term Indicators Average: 80% Buy
Keep reading - here is the most important part!
We just heard from a reliable source that MEDT will be releasing a major press release as soon as this morning...
Will MEDT continue its uptrend today?
We are extremely confident that the company will...
MEDT appears to be on the forefront of its biggest bull run in history!
One last thing...
It has come to our attention that some online brokerages, including TDAmeritrade, may NOT accept orders of MEDT through their app and/or online trading platform.
If that is the case, then we recommend that you call your online brokerage directly and a customer service representative may be able to help push the order through.
We are urging all of our subscribers to add MEDT to their watchlist right now, and be ready to trade this morning when the clock strikes 9:30am EST.
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
For more information on MEDT, please visit their website: www.MEDTcorp.com
