Hello Traders, and welcome to another report of what could be my next BIG potential packed play.
This next alert may look familiar to you. It’s been profiled recently in other newsletters but what has caught my attention is the possibility of a resemblance to a recent situation where it could snowball into a possible momentum play.
This new alert is WCIG.
WCIG (Wee-Cig International Corporation)
WCIG could be the next big thing.
The popularity that WCIG has gained in the first 6 months of 2014 all throughout the USA, makes me believe that it will be a popular name brand sometime in the near future.
Wee-Cig International Corporation or WCIG is engaged in designing, developing, manufacturing, and marketing e-cigarettes and vaporizers worldwide.
Back in May of this year WCIG announced an agreement with a Colorado based marijuana company to distribute Wee-Cig products.
The agreement calls for that Colorado based marijuana company to use its distribution channels to market and distribute Wee-Cig products.
Expected tax revenue of marijuana sales in Colorado is $91 million, far exceeding the state's original expectations by 40 percent. The state of Colorado is expected to sell roughly $395 million worth of marijuana making it a global hub for all things related.
If that isn’t fascinating enough, WCIG has even gotten more exotic with their clever ideas. They’ve recently announced that they have entered a new financially powerful arena, the energy drink spectrum!
Wee-Cig Joins the $8.6 Billion Energy Drink Market With (The Wee-E) -- A No Nicotine Energy E-Cig!
GENIUS!!! (In my opinion)
NEW YORK, June 4, 2014 (GLOBE NEWSWIRE) -- Wee-Cig International Corporation (OTCPK:WCIG) announces that the Company has created a new one of a kind disposable energy E-Cig known as the "Wee-E". The Wee E is a sleek disposable E-Cig with no nicotine content and is produced in several flavors. Each of the energy E-Cigs will contain one or more of the following flavors Acai Berry, Vitamin C, Green Tea or Ginseng with all of them delivering a rush of energy, antioxidants and improved mental alertness to the vape user.
"By creating the Wee-E, we feel we are reaching out to a whole new market of potential vape users who normally consume energy drinks in order to receive the same potency and benefits as vaping with the Wee-E," states Matt Kelly. "The Wee-E provides a convenient and stylish alternative to the user who wants or needs a boost of energy throughout the day."
Industry Reports indicate that American sales of energy drinks were $8.6 billion in 2012, and is growing year after year with Fortune 500 companies and start-ups vying for a piece of that market sector. Despite the size of the energy drink market, the delivery system on getting a shot of energy has not changed over the years. Experts say that energy boosting ingredients from vaping reach the bloodstream through the lungs more effectively than through the stomach which is how energy drinks deliver their boost. Wee-E can deliver the same rush of energy or more through vaping, thus providing energy drink consumers a choice on either vaping or drinking whenever they want to get a boost for the day.
Read The Full Release Here: http://finance.yahoo.com/news/wee-cig-joins-8-6-120500118.html
BUSINESS SUMMARY
(WCIG – Wee-Cig International Corporation / Current PPS. - $.055)
Wee-Cig International Corporation is engaged in designing, developing, manufacturing, and marketing e-cigarettes and vaporizers worldwide. Its products facilitate consumers to vaporize dried herbs, such as mullein, raspberry leaves, cat nip, and sage, which facilitate to quit smoking and ease stress, as well as for inflamed or infected lungs. The company’s primary products include Wee-C, a portable vaporizer; and Wee-T, a disposable vaporizer. It also imports, bottles, blends, manufactures, and distributes wine and spirits in China. In addition, Wee-Cig International Corporation operates one wine and spirits retail store under the Legacy Wine and Spirits name in Tianjin, China. The company was formerly known as Legacy Platinum Group Inc. and changed its name to Wee-Cig International Corporation in May 2014. Wee-Cig International Corporation was incorporated in 1999 and is headquartered in Patchogue, New York.
MARKET OUTLOOK
Big Tobacco Is Scrambling To Get A Piece Of The Booming E-Cigarette Business.
Read more: http://www.businessinsider.com/e-cigarettes-will-be-3-billion-market-2013-5#ixzz34X84sxrR
E-cigarettes have become an increasing focus for investors, especially in the U.S., given 1) the relative absence of innovation seen in the tobacco industry, and 2) the product’s increased visibility since Lorillard’s acquisition of blue eCigs in April 2012.
Further, speculators expect this will become an increasing focus for global investors, as Reynolds American has introduced their own e-cigarette brand, Vuse, into test markets in the U.S. and we expect they will be rolling out this product into the broader market in the near future.
So far they're only big in the U.S., though they still comprise a small part of the overall domestic cigarette market. Citi estimates the segment will continue to see near 50% compound annual growth (CAG) over the next few years, depending on regulation and penetration into retail.
With revenue from e-cigarettes expected to double this year to over $1 billion and up to $1.7 billion by some estimates, the makers of these plastic addiction sticks are gradually burning away at the $80 billion sales of tobacco, with e-cigarette sales predicted to pass traditional cigarette sales by 2047, according to Bloomberg Industries.
Despite impending regulations, analyst suggest it’s a growing industry – according to ratings agency RPT-Fitch, consumption is expected to grow 40%-50% in the next year, while Citigroup predicts e-cigarettes will have a $3 billion market segment by 2015.
INVESTOR HIGHLIGHTS
By now, you’ve probably seen someone puffing on an e-cigarette – a plastic tube which lights up as it turns a liquid into water vapor to simulate smoke, providing the nicotine and sensation of smoking.
The Wee-Cig deal gives WCIG access to the booming e-cig industry, which was worth more than $1.7 billion in 2013.
Everywhere in the world, smokers are looking for new, easier ways to quit the nasty habit, and e-cigs are the most popular route.
WCIG has entered the $8.6M energy drink market.
This is a very big, untapped market that is just waiting for someone, such as WCIG, to jump in and make a splash.
Start your research now on WCIG!
