TOTALLY HEMP CRAZY (OTCMKTS:THCZ) is going crazy leading the bb’s in trades and making a parabolic move up like the rock star it is. They shook the tree hard yesterday to $0.035 scaring many out of the stock and leading many to dismiss this one as over.
But they were wrong; THCZ has come back big on huge volume after Rocky Mountain High Hemp Iced Tea landed on Amazon. The magic tipping point here is $0.075 resistance; a break over and THCZ is wide open.
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 stock has been upward bound in recent months as the Company unveils their plans to launch their Rocky Mountain High hemp beverage drinks. 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.
At the end of February THCZ said the final inspections of the new production run have been completed and that the product can now start to be shipped. The initial shipment out of the Minnesota plant will consist of 4,160 cases and is scheduled to leave late this week to a regional Amazon warehouse.
CEO Jerry Grisaffi stated, “We are pleased and excited to begin the initial phase of our aggressive sales campaign by distributing our product line of Rocky Mountain High hemp beverage drinks to thousands of nationwide convenience and grocery store locations. We look forward to working with Mr. Checkout distributors and their retail partner network to place our beverage products in the hands of customers throughout the nation.”
The Company had announced earlier that Amazon will pick, pack, ship, and provide customer service for these great tasting products. The fulfillment agreement with Amazon will include Amazon inventorying the products in their fulfillment centers.
THCZ has been successful thus far in securing distribution for the new beverage drinks announcing a merchandising agreement has been signed with Mr. Checkout, which is a national marketing Co-Op for a distribution group of approximately 35,000 convenience stores around the country.
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On March 12 THCZ announced that the product shipment of Rocky Mountain High hemp beverages has been palletized to AMAZON.com specifications and now can be shipped to the three regional warehouses.
The Rocky Mountain High hemp beverage product has now been loaded into the AMAZON.com system and interested buyers can register for email alerts for the first day of product availability.
THCZ has received several inquiries for containers of product to be shipped abroad from the alibaba.com website and other sources. The Company is in the process of opening negotiations and will soon send samples of the product to the eligible parties upon request.
THCZ founder Jerry Grisaffi said “The initial production of the product and getting it shipped out of the Minnesota Bottling plant has been a bumpy experience but we are working out the problems and installing safeguards so that this is a one-time occurrence. We thank all our customers, trade partners and investors for showing patience as we get the product to market. We look forward to the product launch of Rocky Mountain High hemp drinks on AMAZON.com, the commerce website and an amazing social media campaign that will soon be underway by RHINO Marketing Worldwide.”
There are plenty of reasons to get excited about pot stocks here; according to a recent report from MMJ Business Daily, 2015 is expected not only to see more investment dollars flow into the market but it could even outpace the growth rate seen in 2014. States like Nevada, Illinois, Massachusetts, Oregon, and Alaska have all been identified as industry drivers this year. Furthermore, the rise in “big money” from some major investment funds has just started to hit the sector.
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Currently trading at a $15 million market valuation THCZ has minimal assets and revenues and growing short term debt. But this is an exciting story developing in small caps; the Company has just launched an exciting new product on Amazon and has been highly successful in building a 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.