TOTALLY HEMP CRAZY (OTCMKTS:THCZ) continues its spectacular rise up on massive volume. The stock traded as low as half a cent earlier this year but has transformed since then into one of the biggest runners and top most traded stocks on the entire OTCBB stock exchange.
THCZ has been successful like few other penny stocks in attracting massive exposure and a fast growing and loyal shareholder base that swears this one goes way higher.
We started covering THCZ several weeks ago when the stock was in the $0.05’s saying at the time ”The current run is marked by steady accumulation and bigger volume then the stock has ever traded before. In a very bullish move THCZ has also surpassed the stock’s previous highs last year of $0.05 a share.
TOTALLY HEMP CRAZY (OTCMKTS:THCZ) mission is to become the premier hemp beverage company in the world, leveraging their team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit.
The excitement on THCZ is all about their Rocky Mountain High hemp beverage drinks that the Company recently launched. Cold Spring Brewery in Minnesota initially produced about 4,100 cases recently for the first shipment to Amazon centers as a first test run. The product exploded off the shelves, incredibly selling out with no money spent on marketing in just 3 hours. Cold Springs will produce 45,000 cases for the next run anticipated to ship in about two weeks.
AMAZON.com last week rated Rocky Mountain High Hemp Lemonade as the #1 new release in the product category.
According to the Company Amazon.com sales have been very brisk and have been a contributing factor towards producing the second run at an accelerated rate. Several large Distribution deals are being inked and the announcements will be forthcoming. Additional product is being scheduled to be delivered to Amazon.com to satisfy demands for the product.
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THCZ said in December that the first products to be produced will be the Rocky Mountain High Hemp Iced Tea™, Rocky Mountain High Hemp Lemonade™ and Rocky Mountain High Hemp Energy Drink™.
The second wave of hemp infused products to be launched into the marketplace will feature wine based alcoholic beverages (12.5% alcohol) in a 375ml PET flask. The target date for this launch is mid-spring 2015.
On April 1 THCZ announced that a distribution agreement has been inked with the North Texas Mountain Valley Spring Water Company in Carrollton, Texas (DBA Water Event). This distributor, established in 1971, is the Mountain Valley Spring Water Home, Office, Business and Retail Distributor for Houston, Dallas and Austin. The customer base is over 15,000 clients and covers over 50% of the Texas population base.
THCZ founder Jerry Grisaffi said, “We are thrilled that our Rocky Mountain High product line-up will be sold and distributed via the Water Event trucks, and feel that this will have a huge effect on 2015 sales of our products. Not only will the Rocky Mountain High brands be made available in the majority of Texas, but we also have had discussions regarding this distributor potentially producing our future hemp infused bottled water products for us. It was agreed that this new relationship will be exponentially beneficial to both parties.”
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Currently trading at a $51 million market valuation THCZ has minimal assets and revenues and growing short term debt. But this is an exciting story developing in small caps; THCZ Rocky Mountain High Hemp Lemonade not only sold out in 3 hours it was also rated the 1 new release in the product category by Amazon. THCZ is supported by a fast growing and loyal shareholder base that swears this one goes higher. We will be updating on THCZ when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with THCZ.
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Disclosure: we hold no position in THCZ either long or short and we have not been compensated for this article.