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It isn’t very often you run across a company that spans two high growth / high profile industries in the small markets, which is why we find Extreme Biodiesel (XTRM) such an interesting situation. We are watching a brand new industry take shape right before our very eyes.
Which is why we’re going to focus on XTRM this evening, the Company seems to have it all:
- At just 0039 (less than half of one cent)
- XTRM’s products span two of today’s hottest industries, MJ and Clean Energy/Biofuels
- The Company is the real deal with real products: XTRM’s Eco Slide product is in the final phases of testing by several potential buyers and distributers and is already Cal Trans approved
- It is a pioneer of a brand new industry: Hemp Diesel
- It has a wild history with big runs
Over the past week or so it seems XTRM has been building in the 003 to 004 level. We saw flashes of greatness with it last week, but it seemed that a “complete package” company with so much going for it could be just days away from something even bigger…
… and an XTRM breakout from its current levels could be something special.
Website: www.extremebiodiesel.com
Website: xtrmcannabisventures.com
Quote: XTRM
Extreme Biodiesel is an established alternative fuel / Biodiesel company (currently offering significant Biodiesel products) that has recently begun development of products that will convert hemp into a usable Biodiesel.
XTRM has two wholly owned subsidiaries: XTRM Cannabis Ventures, and Extreme Biodegradable Products. The Company is currently marketing a mobile biodiesel unit that can process various seeds, including Hemp Seeds into an oil that can in turn be converted into biodiesel.
· In 2013, the global biofuels market was sized at around 98 Bln Dlrs, compared with about 16 Bln Dlrs in 2005.
· A report from Pike Research projects the global biofuels market will double over the next decade, from 82.7Bln in 2011 to 185.3Bln in 2021
Pretty impressive stuff for a small markets play, but just wait because this play only gets better.
XTRM attended the Hempcon convention to promote its products and to learn more about the future of the Med-MJ industry. As one of the hottest markets out there, the growth potential here is absolutely enormous:
- 23 states and Washington D.C. now have laws legalizing MJ in some form, and with each year that passes the number of states only continues to rise.
- A recent CNBC article estimated the size of the MJ industry between 35 and 45 Bln Dlrs.
At lot of people are asking just how big MJ really is… is this another bubble or is it for real?
Well, according a Huffington Post article:
“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”
In fact, take a quick look at The Huffington Post article; if you thought you knew the MJ market… think again:
- The ArcView Group found that the U.S. market for legal MJ grew 74% in 2014 to 2.7 Bln Dlrs, up from 1.5Bln Dlrs in 2013.
- The report also projects a strong year for legal MJ in 2015 and projects 32% growth in the market.
- At least 10 states are already considering legalizing recreational MJ in just the next two years through ballot measures or state legislatures.
- More than 1.5Mln shoppers purchased legal MJ from a dispensary, either medical or recreational, in 2014.
- Five states now boast MJ markets that are larger than 100 Mln Dlrs, and in Colorado and Washington – the first states to open retail MJ shops in the U.S. – consumers bought 370Mln Dlrs in MJ products last year.
This one paragraph within the article really gets at just how massive this industry could become:
“The report projects (an MJ) industry that could be more valuable than the entire organic food industry -- that is, if the legalization trend continues to the point that all 50 states legalize recreational (MJ). The total market value of all states legalizing (MJ) would top $36.8 Bln -- more than $3 Bln larger than the organic food industry.”
The numbers are colossal: two emerging multi-Bln Dlr industries… and a Company that could be at the right place at the right time.
The chart has many indicators Screaming Green right now.
XTRM is already established. The Company has substantial and operational Biodiesel products, which is to say it has already proven its ability to bring a product to market…
… which is one heck of a milestone for a company that closed today as a subbie at just 0039!
Put all of this together and we have our eyes on a seriously high caliber situation right now.
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