TOTALLY HEMP CRAZY (OTCMKTS:THCZ) is moving up again like a rock star after a few hours of consolidation this morning that gave next to nothing back. Over the past few days THCZ has run off its base under a penny to a high of $0.072.
The parabolic move up on THCZ is marked by huge accumulation and excellent support as the stock trades the biggest volume by far in its trading history. The ”magic tipping point” now is $0.072 – a break over and THCZ is wide open.
THCZ close on Wednesday pretty much says it all; the stock closed at $0.067 a half a penny off its all-time highs on consolidation day which lasted just a few hours before THCZ embarked north yet again.
TOTALLY HEMP CRAZY (OTCMKTS:THCZ) is focused on becoming 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 huge move up on THCZ comes as the Company unveils their plans to launch their Rocky Mountain High hemp beverage drinks. Flavors include Rocky Mountain High Hemp Iced Tea™, Rocky Mountain High Hemp Lemonade™ and Rocky Mountain High Hemp Energy Drink™.
Hemp Energy Drink – Rocky Mountain High Energy Drink is enhanced with hemp, guarana, ginseng, and a sweet hint of citrus, Rockey Mountain High Energy gives you just the blast of energy, flavor, and cool you’re looking for. Available now on Amazon for $36 for 12 cans with free shipping.
Rocky Mountain High Lemonade – offers the perfect balance of sweet and tart that you love from your lemonade and added the delicious and nutritious benefits of hemp straight from Mother Earth herself. With straight-out-of-the pitcher- taste, Rocky Mountain High Lemonade gives your favorite pastime a new face in a sleek 12oz. slim line can, refreshment at any time – rain or shine! Each 12oz serving contains 50mg of hempseed extract and 25mg of ginseng. Available now on Amazon for $36 for 12 cans with free shipping.
Hemp Iced Tea – Dive into a state of chill and fall in love at first sip with Rocky Mountain High Iced Tea. Infused with hemp, ginseng, and all natural flavors, our iced tea not only tastes good – it does good.
All 3 drinks are available now on Amazon for $36 for 12 cans with free shipping according to THCZ.
The Company is also planning to launch a second wave of hemp infused products that will feature wine based alcoholic beverages (12.5% alcohol) in a 375ml PET flask. The target date for this launch is mid-spring 2015.
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THCZ has been very successful so 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.
They also signed an agreement with Astentalia, LLC for distribution in restaurants, bars and night clubs in the Orlando, Florida area. An initial order has been placed for three pallets of the product and will be processed and shipped from the Minnesota plant location.
Of course the big news here is the agreement with Amazon whereby 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.
On February 25 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.”
Pot stocks is a great place to be right now; yesterday a Medical marijuana bill was introduced in the Senate that declared that the federal prohibition against medical marijuana was out of step with science proposing to make the drug more accessible nationwide for medical purposes. The bill was introduced by Sen. Cory Booker, D-New Jersey, Sen. Kirsten Gillibrand, D-New York, and Rand Paul, R-Kentucky.
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Currently trading at a $21 million market valuation THCZ has transformed in recent weeks from illiquid under a penny to one of the top traded stocks on the entire OTC exchange. As I said before the ”magic tipping point” now is $0.072. 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.