Connect with us

Health

What is the Association Between CannaVEST Corp (OTCMKTS:CANV) and Cannabis?

Published

on

Boston, MA 03/28/2014 (medicalmarijuanareporter) – CannaVEST Corp (OTCMKTS:CANV) has done more than changing its name from Foreclosure Solutions Inc. CANV is the leading hemp company in the world. Recently, one of the company’s biggest investors, Bart Mackay, was hailed as the world’s first cannabis billionaire. This right here is the association between CannaVEST Corp and cannabis. Currently, CannaVEST is valued at $1.8 billion, and analysts only expect good tidings from the company going forward primarily due to the ever-increasing interest in hemp-based products, of which CANV is a global leader.

As the interest in hemp-products around the world keep increasing, more investors in companies such as CannaVEST Corp (OTCMKTS:CANV) will move into the billionaire’s club. It is interesting to note that thus far in 2014, no other stock has performed better than CANV in the US. The company has successfully maintained its market capitalization, which is more than a billion dollars, at the same level for quite some time. Put in context, one needs to appreciate that CANV’s stock shot up by around 680 percent in 2013, and by 300 percent in the first two months of 2014.

Bart Mackay holds 15.7 million shares in CannaVEST. He has benefited greatly from the purchase of around 10,900 shares in the first two months of 2014. This shows that there is massive interest in CANV. There is enough investor interest in this stock, consequently adding more value to what shareholders in CANV currently own. An evaluation of Mackay’s views on this subject is quite interesting. Mackay believes that CANV is nothing other than a bubble, and will soon burst. However, all the signs indicate that this may not be the case.

Interracial Dating Sites 2017

What does this mean for CannaVEST Corp (OTCMKTS:CANV)? The news is good for investors, who now have a reference point in Bart Mackay to offer the proof they need that they can make money through CannaVEST, contrary to what they might have thought of the stock in the past.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *