Select CBD Companies Seeing Triple-Digit Gains Similar to Cannabis Bonanza of 2016-2019
LAS VEGAS — Due to its low taxes and hands-off approach to controversial businesses, Nevada has long attracted entrepreneurs offering products outside of the mainstream.
The most recent example of this is cannabis – and in particular, the non-psychoactive relative of cannabis known as Cannabidiol or CBD.
Almost overnight, Nevada has become a center of the burgeoning CDB market in the United States and Canada, with new companies, such as Sky Century Investment (OTC: SKYI), sprouting up almost overnight.
One reason is taxes: CBD businesses are hugely profitable and funnel literally millions of dollars into Nevada’s coffers.
A study by BDS Analytics and Arcview Market Research projects that the collective market for CBD sales in the U.S. could grow by ten times over the next four years to as much as $20 billion in 2024.1
As a result, the state of Nevada has gone out of its way to make CBD businesses welcome.
Plus, investors have been pouring millions into CBD2 and other cannabis-related companies. And for good reason: CBD and cannabis stocks have seen sizable gains in recent months.
Planet 13 Holdings Inc, a Nevada-based cannabis company that operates “the world’s largest cannabis store” a few steps away from the Las Vegas Strip, has seen its shares jump from just $1.003 in March 2020 to $6.89 a share just over a year later..
That’s a gain of 689%4 in just fifteen months, enough to turn $3,000 into $20,670.
The shares of another big CBD company, Curaleaf Holdings, which offers both cannabis products and hemp-based CBD products, also jumped significantly in 2020. It soared from $3.93 a share in early 2020 to a high of $16.20 a year later, a gain of more than 300%.
And one CBD company in Nevada that is getting attention from investors is Sky Century Investment (OTC: SKYI), established in 2012 and dedicated to selling legal CBD products across all of America.
What Exactly is CBD Anyway and Why Is It So Popular Right Now?
Cannabidiol, or CBD, is one of the 113 molecules known as cannabinoids found in both major varieties of the Cannabis Sativa plant, the variety commonly known as marijuana and the ordinary hemp plant (from which rope is made).
The other famous cannabinoid is Tetrahydrocannabinol or THC.
Although they are similar, these two molecules – THC and CBD – affect the human body in very different ways.
CBD has many apparent health benefits and produces a distinct calming effect but does not create the feeling of intoxicated euphoria, or “high,” that THC does.
Many of the CBD products currently sold in the United States are made from CBD-rich hemp, not from cannabis.
However, to be legal under federal law, all CBD products – whether produced from hemp or cannabis — may not contain more than 0.3 percent of THC.
That’s why the sale of CBD products is 100 percent legal under federal law as well as in 47 of the 50 U.S. states and the District of Columbia.
And that is also what Sky Century Investment (OTC: SKYI) believes is a potential gold mine waiting to be developed – the huge and growing market for 100% legal, non-intoxicating CBD products.
According to the Mayo Clinic, CBD is currently being studied as a natural support for a wide range of conditions, including neurological and mental disorders, blood sugar problems, and pain issues, although research is just beginning.5
Customers typically purchase CBD products to help with feelings of unease, depression or anxiety, joint or muscle pain, and problems sleeping.6
And according to a survey of 2,400 CBD customers by HelloMD and the Brightfield Group, an amazing 80%7 said they found CBD products to be “very or extremely effective.”
Developing a New Line of All-Natural, 100% Compliant CBD Products
To meet the growing demand, Sky Century Investment (OTC: SKYI) is developing a wide range of top-quality CBD products in three different categories — CBD Isolate, Broad Spectrum CBD and Full Spectrum CBD.
Full-Spectrum CBD oil contains all of the naturally occurring active cannabinoids derived from hemp (including up to 0.3% THC by weight).
Broad spectrum CBD oil is created by taking the full-spectrum extract and further processing it to remove all THC. Broad spectrum products contain the same natural phytocannabinoids, terpenes, vitamins, minerals, fatty acids and lipids as the original hemp plant, just 0% THC.
Finally, CBD Isolate is created by removing all other molecules from the Full Spectrum extract to produce a purified isolated CBD molecule in an anhydrous state – a white powder that is then diluted with a carrier oil. This type of oil contains only pure CBD with a minimum of 99% purity and is also THC free.
Sky Century Investment is developing products from all three of these categories, ranging from broad- and full-spectrum oil tinctures to immune-boosting CBD capsules.
What sets Sky Century Investment (OTC: SKYI) apart is its commitment to producing all-natural CBD products free from additives and pesticides. Its products are being made in a Utah-based8 manufacturing facility of 100% USA-compliant, naturally grown hemp.
Sky Century Investment products also undergo third-party laboratory testing so that customers can always be sure of both quality and potency. All products come with Certificates of Analysis9, produced by independent laboratories, that certify levels of cannabinoids.
The Sky Century Advantage: Creating the World’s Largest News Resource for Cannabis Products
One advantage that Sky Century Investment (OTC: SKYI) has over its development stage competitors is its innovative marketing infrastructure.
Recently the company announced the development of a new Cannabis News application for smart phones and PCs.
Cannabis News will be the world’s largest news resource for cannabis. It will monitor and filter cannabis news and discoveries 24 hours a day, seven days a week.
Fully customized to meet the needs of today users, Cannabis News will be of interest both to consumers of cannabis-based products, such as CBD, as well as to investors interested in staying up to date on current trends on the cannabis industry.
The app will also provide a means for Sky Century Investment (OTC: SKYI) to reach potential buyers for its top-quality CBD products.
Seasoned Cannabis Investors Search for Upstart CBD Companies Due to Outsized Potential Gains
Veteran cannabis investors are always on the lookout for new cannabis-related enterprises they can invest in at the earliest stages.
That’s because publicly-traded cannabis businesses often sell for pennies per share at the outset, before they begin marketing their products.
For example, CBD pioneer Aphria, a Canada-based developer of cannabinoid therapeutics, started off in 2015 as a penny stock selling for around 60 cents10 a share. It eventually reached a high of $14 a share before settling down around $12.8811 – a stunning return of 1,268%.12 That’s enough to turn every $3,000 into $41,000.13
Village Farms International, another CBD company, also started out as a penny stock, selling for around 57 cents14 per share. It now trades at around $10 a share15 – a return of 1,878%.
Planet 13 Holdings Inc, the Nevada wellness company that sells CBD oils, edibles, tinctures and sprays, was selling for $1.00 a share in March 2020. It now trades at around $6.89 a share16 – a gain of 689% in just over a year.
Those stocks have seen their big moves, which is why investors are always on the lookout for viable CBD companies just starting out.
Investors Eye Early-Stage Penny CBD Stocks for Fast Gains
That’s why early bird investors are taking a close look at Sky Century Investment (OTC: SKYI) — precisely because its share price is currently below 50 cents per share. This is the sweet spot for investors who want to acquire a number of shares without spending too much money.
Now that the United States government passed the updated Farm Bill, which effectively legalized hemp production nationwide, all eyes have turned to early-stage CBD companies.
If a small company like Sky Century Investment can gain a foothold in a specific geographic area or through online sales, it can potentially generate outsized returns. That’s the attraction of CBD penny stocks for veteran cannabis investors.
In addition, CBD stocks have few of the disadvantages of their cannabis cousins when it comes to investing.
For example, cannabis itself is still illegal in the eyes of the U.S. government, although that may soon change. This means it’s difficult for many companies selling THC-rich cannabis to get bank accounts or take advantage of tax deductions available to other businesses.
But CBD companies such as Sky Century Investment have none of these issues. CBD products are 100% legal for the U.S. government, and that means investing in Sky Century Investment (OTC: SKYI) is simple and easy.
For more information about CBD in general and Sky Century Investment in particular, visit the company’s website.
3Planet 13 Holdings Inc (PLNHF) closed at $0.70 on March 18, 2020, and closed at a record high of $5.85 per share on December 8, 2020, per Barchart.com. https://www.barchart.com/stocks/quotes/PLNHF/interactive-chart. Historical price data available at: https://finance.yahoo.com/quote/PLNHF/history?p=PLNHF
4Per online calculator at https://percentagecalculator.net/
10Per Barchart.com, APHA closed at $0.60 in February 2015. https://www.barchart.com/stocks/quotes/APHA/interactive-chart
11APHA closing price on December 10, 2020.
13$3,000 x 12.68 = $38,040 + $3,000 = $41,040.
14VFF closed at $0.57 in January 2016.
15Close price on December 10, 2020.
16Close price on December 10, 2020.
IMPORTANT NOTICE AND DISCLAIMER
This website is owned and hosted by Market Tactic Media Ltd. Articles appearing on this website should be considered paid advertisements. Market Tactic Media Ltd. and its owners, managers, employees, and assigns (collectively “the Website Host”) is often paid by marketing companies to host websites on which articles profiling public companies are published. The Website Host has not been compensated by any of the profiled companies. The Website Host’s compensation for articles appearing on this website is as follows:
- The Website Host has been paid approximately $500 per week while the advertisement campaign is active by Think Ink Marketing as compensation to host the article profiling Sky Century Investment
The Website Host does not own any shares of any profiled Sky Century Investment and has no information concerning share ownership by others of any profiled Sky Century Investment The Website Host cautions readers to beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you read the articles on this website and this has the potential to hurt share prices. Frequently companies profiled in such articles experience a large increase in volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases.
NO SECURITIES OFFERED
The articles on this website are not, and should not be construed to be, offers to sell or solicitations of an offer to buy any security. Neither the articles on this website nor the Website Host purport to provide a complete analysis of any Sky Century Investment or its financial position. The Website Host is not, and does not purport to be, a broker-dealer or registered investment adviser. The articles on this website are not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the Sky Century Investment Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the profiled Sky Century Investment’s SEC and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk.
INDEMNIFICATION/RELEASE OF LIABILITY
By reading articles on this website, you acknowledge that you have read and understood this disclaimer, and further that to the greatest extent permitted under law, you release the Website Host, its affiliates, assigns and successors from any and all liability, damages, and injury from articles appearing on this website. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.
LINKS TO THIRD PARTY WEBSITES
This website enables users to link to external websites not under the control of The Website Host. The Website Host has no control over the nature, content, and availability of those sites. The inclusion of any links is not intended as, and should not be construed as, a recommendation or endorsement of the content or views expressed on such external websites. The Website Host expressly disclaims any representation concerning the quality, safety, suitability, or reliability of any external websites and the content and materials contained in them. It is important for users to take necessary precautions, especially to ensure appropriate safety.
The Market Tactic is the Website Host’s trademark. All other trademarks used in this communication are the property of their respective trademark holders. The Website Host is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Website Host to any rights in any third-party trademarks.
FORWARD LOOKING INFORMATION
This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect expectations regarding Sky Century Investment future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Sky Century Investment industry; (b) market opportunity; (c) Sky Century Investment business plans and strategies; (d) services that Sky Century Investment intends to offer; (e) Sky Century Investment milestone projections and targets; (f) Sky Century Investment expectations regarding receipt of approval for regulatory applications; (g) Sky Century Investment intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Sky Century Investment expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Sky Century Investment business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Sky Century Investment ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Sky Century Investment ability to enter into contractual arrangements; (e) the accuracy of budgeted costs and expenditures; (f) Sky Century Investment ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption as a result of COVID-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Sky Century Investment to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Sky Century Investment operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as the COVID-19 pandemic may adversely impact Sky Century Investment business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Sky Century Investment business operations (e) Sky Century Investment may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, the Website Host undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise.
Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Sky Century Investment or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Sky Century Investment or such entities and are not necessarily indicative of future performance of Sky Century Investment or such entities.