Hello Traders & Readers!
I am constantly and enthusiastically searching for the next mountain to climb.
So while I was back to the drawing board immediately after the closing bell yesterday, I may have found our next mountain to climb!
That mountain of potential is NVGT!
NVGT: (Novagant Corp.)
NVGT prides itself as an innovative, diverse company in the development and sale of equipment to enhance and benefit the growing medical cannabis industry.
We all know how much attention the whole mary-jane industry is getting and how so many companies have benefited dearly and generously since the big pot boom!
Well what makes NVGT any different?
NVGT is a ground floor company that is in its developmental stage with positive news and a potentially terrifically forecasted future!
NVGT has acquired full proprietary and intellectual property rights to a newly invented light device that can provide programmable and adjustable lighting intended for the indoor growth and cultivation of plants but with a specialization for cannabis plants. This invention will have one of the best pound per watt yield in the industry.
Not only are they providing the product needed to support these plants development into their final product, they have INVENTED a device that could potentially revolutionize how these plants are taken care of!
Aside from having developed this new and exotic light, NVGT is also engaged in research, design, and development for the manufacturing of advanced controls technologies and energy efficient lights for indoor grow boxes, grow rooms, green houses, and medical cannabis related equipment.
Sounds like NVGT is covering all the possible allied products in relation to getting their customers the most for their dollar.
The news that hit the wire yesterday could propel activity and possibly give NVGT a quick unexpected boost.
Here’s that “Hot off the press” news:
“Novagant Brings Revolutionary and Innovative Lighting System to the Cannabis Growers Market; Analyst Report by BrokerBank Securities, Inc.”
NEW YORK, June 23, 2014 /PRNewswire via COMTEX/ -- Novagant Corp. (OTCBB: NVGT) is a holding company that acquires entrepreneurial companies that have established or are expected to establish themselves as leaders and/or successful enterprises in various market niches. Recent acquisition of property rights that have the ability to reduce costs and improve product quality for the entire cannabis market has prompted this analyst report.
In April 2014, the Company announced its acquisition of full proprietary and intellectual property rights to a newly invented LED light device that can provide programmable and adjustable lighting intended for the indoor growth and cultivation of plants but with a specialization for cannabis plants. This invention will have one of the best pound per watt yield in the industry.
Read the full release here:
http://www.otcmarkets.com/stock/NVGT/news/Novagant-Brings-Revolutionary-and-Innovative-Lighting-System-to-the-Cannabis-Growers-Market--Analyst-Report-by-BrokerBank-Securities--Inc-?id=83133&b=y
BUSINESS SUMMARY
(NVGT – Novagant Corp. / PPS - $0.34)
Novagant prides itself as an innovative, diverse company in the development and sale of equipment to enhance and benefit the growing medical cannabis industry.
With the addition of Michael Thornton to the management team, the Company has also acquired Michael’s first of many inventions that are designed to revolutionize the horticultural sector. The Alkanna light highlights the Company’s innovation by using LED lights in an indoor grow light (that is a progressing hot topic) with the introduction of a “grow-by-number” technology that is not found anywhere else.
Aside from having developed the Alkanna light, the Company is also engaged in research, design, and development for the manufacturing of advanced controls technologies and energy efficient lights for indoor grow boxes, grow rooms, green houses and medical cannabis related equipment.
At this time, the Company will not be handling any cannabis plants or products.
The Company’s products are geared towards equipment to enhance cultivation activities.
The NVGT management team strives to bring high value to the Company and to their Shareholders.
MARKET OUTLOOK
Over the five years to 2014, the Medical Marijuana Growing industry has experienced a surge in industry revenue thanks to favorable legislation toward growing and distributing cannabis for medical purposes. Furthermore, consumer trends toward legitimizing the use alternative medical treatments such as cannabis has also boosted demand for industry products. While regulation for the industry remains vague and often contentious, growing demand for the industry's products is expected to continue over the five years to 2019.
Legal marijuana sales in the U.S. will top $2.3 billion in 2014, up 64 percent from this year’s $1.4 billion, according to a new study by a marijuana industry group. At that rate, U.S. cannabis sales will outpace the worldwide growth of smartphone sales, which expanded 46 percent between the second quarters of 2012 and 2013, the report says, citing Gartner research.
California, which only allows medical marijuana, is the largest U.S. market, at $980 million. Arizona is forecast to be the fastest-growing market, expanding to $134 million in 2014 from $22 million this year. Massachusetts, the largest new market opening in 2014, is projected to reach $55 million.
The growth is creating opportunities for investors in companies that support the legal cannabis industry. These include growers and retail dispensaries as well as a variety of ancillary businesses ranging from information technology companies that provide point-of-sale and inventory-tracking software to security companies that offer alarms, door locks and video monitoring systems.
Among the legal marijuana businesses that hold the most potential for growth are manufacturers of equipment that extracts the active ingredient from cannabis, according to Steve Berg, editor of the report and a former managing director at Wells Fargo Bank.
Only 21 states and the District of Columbia have laws permitting the use of medical marijuana. The vast majority of industry establishments are concentrated in the West and Rocky Mountains, where there has been extensive marijuana legislation over the past decade. Together, California and Colorado alone are home to an estimated 64.3% of industry establishments and nearly 96.0% of industry revenue. Colorado is the only state where for-profit medical marijuana businesses are legalized, which has provided an incentive for individuals to open businesses there. California only allows nonprofit collectives to provide marijuana for its members, but the state's high population and long history of legalization has contributed to a high concentration of industry establishments.
INVESTOR HIGHLIGHTS
NVGT is in one of the most talked about industries right now!
NVGT’s newly invented LED light could change the whole industry and make it even more profitable in the future.
NGVT acquired an invention that could revolutionize the horticultural sector!
U.S. cannabis sales will outpace the worldwide growth of smartphone sales, which expanded 46 percent between the second quarters of 2012 and 2013.
The final numbers for 2014 could astronomical!
We’re reaching the conclusion of this report so now it’s your turn to start your own due diligence.
The anticipated excitement of a NVGT has me anxiously waiting tomorrow morning!
