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Saturday, December 3, 2022

What Do You Know About WeedHire International Inc (OTCMKTS:WDHR)

WeedHire International Inc (OTCMKTS:WDHR) continues to trade significant volume down in triple zero land. The stock made an explosive move up in January but has been downward bound since then.

WDHR is new to the bb’s just starting to trade in November of last year the name change from AnythingIT, Inc., and the launch of their web portal; weedhire.com.

WeedHire International Inc (OTCMKTS:WDHR) operates WeedHire.com, a career website specifically targeting employment within the legal cannabis industry. The portal helps business’s in the pot sector hire the most qualified individuals and to help those individuals find the best job opportunities in their respective fields furthering their careers in legal marijuana.

WeedHire.com provides job postings for cannabis jobs such as Recommending physicians, Physician’s assistants, Growers, Budtenders, Dispensary operators, Security guards, Dispensary administrators, Lighting specialist, Delivery drivers, Lab techs, Marketing specialists, Lawyers, Insurance agents and Government jobs. In addition, the specialized focus of our website benefits those job seekers by helping to ensure that the job opportunities posted by our customers are relevant and attractive to them.

As a regular blogger on the pot sector it is easy to get frustrated by all these pipe dream pot bb stocks that still see massive traction enriching insiders beyond anything that is reasonable. So it is refreshing to see a pot stock like WDHR that has a real business that is not only growing but has the potential to make this Company an authority on the sector.

Weedhire.com gets real traffic and has been steadily growing since its launch last year. Currently ranked at 646,000 globally according to Alexa.com the portal has been flirting with the top 500,000 in the world in recent months.

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So far they have not monetized the portal fully but there is certainly the potential here for significant revenues just from current traffic levels which should be around 10,000 page views a week. This is a fast growing website with plenty of room for significant short term growth. Like many domains I have had it seems to be growing organically, driven by a growing user base that use the portals services; this is the best way.

According to 10Q from November 12 The Company did $892,905 for the quarter ended September 30, 2014 up from $786,154 for the same quarter last year. These are significant revenues for any bb however WDHR plans to divest the operation and is currently looking for a buyer so they can focus full time on the portal.

On March 30 WDHR announced it has released the first ever marijuana jobs app on Apple ITunes. The WeedHire ITunes cannabis job app now compliments its release of the first ever Android App for Marijuana Jobs.

WeedHire authors the Quarterly Cannabis Jobs Report which cites trends and statistics from the marijuana jobs market and is featured in such publications as Inc., Forbes, Esquire, & CNN. Although WeedHire is the central online portal and social media source for job seekers and providers, it is not involved with the growth, sale, or distribution of marijuana.

WDHR CEO David Bernstein said “The launch of the first ever Marijuana Jobs App on both ITunes & Android assists WeedHire in becoming the market leader in providing the technologies for both marijuana job seekers & legal cannabis employers. We are proud to deliver this milestone event to the Marijuana Industry and will continue to innovate our technology for our customers.””

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Currently wallowing away in triple zero land WDHR does have revenues and some cash in the treasury as well as rising short term debt. There was big excitement about this one in January but that has slowed as the stock sunk in oblivion. But WDHR is exactly the kind of story that gets picked up on by big time media when the sector heats up. We will be updating WDHR as events unfold so make sure you are subscribed to Microcapdaily so you know what is going on with WDHR.

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Disclosure: we hold no position in WDHR either long or short and we have not been compensated for this article.

Ali Raza
A journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications.

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