Totally Hemp Crazy (THCZ): Does the Risk Outweigh the Reward?
Totally Hemp Crazy Inc. (THCZ) manufactures and sells the “Rocky Mountain High” hemp infused drink and is focused on becoming a leader in the hemp-infused beverage industry. Shares of THCZ are up over 1200% during 2015 and many investors cannot figure out why.
THCZ is led by a management team with a questionable track record. The company has improved its transparency, however, and has provided the market with information related to who its distribution dealers are and how they are doing.
On June 1 st , THCZ announced that its list of regional distributors is growing and the company listed the names, numbers, and locations of these distributors. THCZ also said that its revenue is on target to reach the $700,000 projection for the quarter which ends on June 30, 2015. The company’s fiscal year ends on June 30 th and THCZ plans to file an audited annual report as part of their plan to move to the OTCQB. THCZ said that they are entering the Los Angeles market this month and LA will be one of the first cities to see the new Rocky Mountain High promotional team.
Timeline of events
- In August 2014, THCZ hired Rhino Marketing Worldwide to develop a global marketing and launch strategy for its Hemp based beverage products.
- In December 2014, THCZ announced that they will commence production after the packaging is approved and the company expected the product to be ready to be shipped to the bottling company by January 2015
- In January, THCZ signed a merchandising agreement with Mr. Checkout, which is a national marketing co-op for a distribution group of approximately 35,000 convenience stores around the country.
- In early February, THCZ announced that the initial production date for their Rocky Mountain High Hemp-Infused Beverages will be February 16 th . Two days after making this announcement, the company secured funding for the initial production run.
- In March, THCZ shipped its Rocky Mountain High product to three Amazon regional warehouses. The Tennessee warehouse sold out in less than 3 hours. THCZ has received inquiries from Alibaba and other distributors to ship its product internationally. The company is preparing to set up negotiations and upon request will send samples to eligible parties.
- In mid- April, THCZ hired Paritz & Company to audit the THCZ’s books and assist in filing a Form 10 or S-1 Registration to become fully reporting and move to the OTCQB. The audit should be completed in the summer. THCZ announced that its Rocky Mountain High hemp product arrived to the Water Event warehouse and distribution can commence in Texas. The next day, THCZ signed a distribution agreement with the Dr. Pepper-Royal Crown Bottling Company. This is the second distribution agreement in Oklahoma for the Rocky Mountain High hemp infused product.
- In late April, THCZ announced that they signed two new distribution partners in Texas for its Rocky Mountain High product. Rocky Mountain High (RMH) Distribution purchased the distribution rights for Austin, Texas. JEKAL Distribution secured the distribution rights for Collin, Denton, Rockwall and Hunt Counties in the northeast Texas.
- On May 15 th , THCZ appointed Harry Drnec as advisor to THCZ’s Board of Directors. Drnec is the former managing director of Red Bull UK. At Red Bull, Drnec turned the company around and increased sales by 10,000% in 10 years (from 3 million cans to 300 million cans). He was also the brand manager that launched Bud Light, the largest selling beer brand in the world with Anheuser Busch, later launching Budweiser and Michelob across Europe. Over the next few months, Drnec will formulate a total marketing plan for THCZ.
- On May 19 th , THCZ announced that 4 new distributors joined the Rocky Mountain High distribution team. The new distributors include: Mad Beez LLC in Minneapolis, Minnesota; Hemp Global Products Inc. in Grand Rapids, Michigan; Epic Group in Ft. Wayne, Indiana; 4orth Enterprises in Fort Worth, Texas. THCZ also announced that last week, its distributor in Austin had an in store demo at a new retail location and the store sold out quickly and received excellent customer reviews.
These developments paint a positive picture for THCZ and its future, however, the stock has taken investors on a wild ride. The filing of audited financials will improve the company’s market sentiment and remove some of the clouds surrounding the company.
Technical420 remains cautious with THCZ due to track record of its management team, however, we cannot let mistakes made in the past cloud our judgement for the future. If you are interested in investing in THCZ and do not know how or when to invest in them, sign up for a Pro Trader membership at https://technical420.com/user/register
Technical420 will keep you updated on THCZ developments and help you capitalize on its trading patterns!
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Michael Berger is Managing Partner of StoneBridge Partners, LLC and Founder of Technical420.com. Prior to entering the cannabis industry, Michael was an Equity Research Analyst at Raymond James Financial covering the Energy Sector. Michael has been featured in publications such as The Street, Bloomberg, US Money News, and hosts various cannabis events across North America.
Technical420 is dedicated to educating investors about the risk and rewards of investing in the cannabis industry. We highlight companies that have the most growth potential by utilizing our proprietary analytics platform.
Totally Hemp Crazy, Inc. (THCZ) to Change Name to Rocky Mountain High Brands, Inc. (RMHB)
DALLAS, TX–(Marketwired – Oct 15, 2015) – Totally Hemp Crazy, Inc. ( OTC PINK : THCZ ) announced today that FINRA (Financial Industry Regulatory Authority, Inc.) has approved the name and cusip change to ( OTC PINK : RMHB ) Rocky Mountain High Brands, Inc. The changes will occur at the open of the market on October 16th. To all shareholders, this name change has no effect on the stock that you hold. The name will automatically change in your account and your number of shares will remain the same.
Todd Kornely, Vice President of Sales, said, “The name and cusip change to a more attractive household name will open the brand to a more diverse target group and that will allow ‘National Account’ retailers more willing to display Rocky Mountain High products on their shelves across the country. By offering two can designs, we will be able to sell our products to specific and broad target markets depending on the needs of the retailers’ demographics. We truly believe the snowflake and the hemp leaf cans will allow the Company to grow without sacrificing its identity.”
Tom Shuman, President and CEO of RMHB, said, “Todd’s background with Dr Pepper has afforded him a wealth of experience in brand marketing, and he knows exactly what retail clients require in relation to profit margins, marketing and retail support. With Mr. Kornely onboard as Vice President of Sales, we are anticipating a significant increase in sales revenue between now and December 31st.”
Also announced, Rexam has finished producing the new snowflake can that will be produced on October 28th and 29 th . The new Mango energy drink will be on the way!
About Totally Hemp Crazy, Inc.:
Our Mission is to be the premier Hemp-Infused Beverage Company in the World.
Visit us at our Facebook page: https://www.facebook.com/totallyhempcrazy
Visit us at Investor Hangout: http://investorshangout.com/Totally-Hemp-Crazy-Inc-THCZ-69150/ Investors Hangout is the only authorized Investors blog page for Totally Hemp Crazy.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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Chinese President Xi Jinping decided to halt Ant’s IPO – WSJ
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Raymond James: These 3 Stocks Are Poised to Surge by Over 80%
We’re a little over one week past the Presidential election, and the market reaction shows that that investors are pleased. While the election margins were razor thin, the will of the voters came through: they rejected Donald Trump, and his brash, in-your-face style, but they also rejected the Democratic Party on policy; the Dems lost seats in the House, will likely not take control of the Senate, and also lost ground at the State level. America’s voters seem to be tired of drama, whether it comes from Donald Trump or the Democrats’ push to the political left. They want a government that will simply plod straight along.And it looks like they will get just that. With power split in the White House and the Chambers of Congress, we’re about to be reminded of a feature of the checks and balance system: that gridlock is a result of a closely divided electorate. Change won’t happen unless one side or the other gets a large majority, or a small majority over several terms. Neither of those is in the cards for now.The immediate result is a multi-day market rally. The implication is clear – the markets sentiment has calmed since the election, and investors look forward to government settling into a more normal mode in the coming months.To this end, investors are sure to find solid options in the near term. Writing from Raymond James, analyst Ric Prentiss has recently published three reviews on mid-cap stocks, pointing out why, in his view, they offer high return potential with more settled markets in the coming year. The stocks all fit a profile: they are at the lower end of the mid-cap range, with market valuations between $2 billion and $3 billion; they inhabit the telecom ecosystem, and they all have, according to Raymond James, over 80% upside potential. We ran the the three through TipRanks database to see what other Wall Street’s analysts have to say about them.Telephone & Data Systems (TDS)First on our list, Telephone & Data Systems, is a Chicago-based company providing a range of telecom services to over 6 million customers. The company offers broadband over cable and wireline, wireless products and services, and TV and voice services. TDS operates the country’s fifth-largest cellular carrier.TDS has dramatically outperformed expectations in 2020, despite the ongoing coronavirus. Revenues, at $1.32 billion, are about level with the pre-corona report ($1.34 billion in Q4 2019), while earnings jumped in 1Q20 and have remained high ever since. The Q3 earnings, at 66 cents, beat the forecast by 153%. It was an impressive performance, made more so by the 266% year-over-year growth.On another bright note for investors, TDS has maintained its dividend payment through the year. 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At that level, he sees an 81% upside for the stock over the next months. (To watch Prentiss’s track record, click here)This stock also holds a Strong Buy rating from the analyst consensus, based on 3 unanimous Buy reviews set in recent weeks. Shares are priced at $18.73 and the average target of $34.83 suggests a one-year upside of 85.5%. (See TDS stock analysis on TipRanks)ViaSat, Inc. (VSAT)Next up, ViaSat, is a high-speed satellite broadband provider. The California company serves commercial and defense markets, building on the broad need, across industries, for secure communications.Social lockdown measures took a toll on the company’s business, especially the shutdowns of airlines. Commercial air traffic relies heavily on satellite communications, and that slowdown is still weighing on ViaSat.The headwinds are partially offset by a backlog in services ordered. Revenues have remained stable over the past four quarters, between $530 million and $588 million, with the $554 million recorded in Q3 being solidly in the middle of that range. Earnings have bounced back into positive territory after turning negative in Q2. The third quarter EPS was only 3 cents, but that was a dramatic sequential improvement from the previous 20-cent net loss.In his look at VSAT, Prentiss notes, “Government Systems and Commercial Networks remain strong, while the IFC business continues to navigate significant headwinds related to COVID-19… On the positive side, social distancing and Safer-At-Home policies are driving more residential broadband data usage and pushing ARPUs higher…”Prentiss rates VSAT an Outperform (i.e. Buy) while his $63 price target suggests an 87% upside potential.Overall, ViaSat gets a Moderate Buy rating from the analyst consensus, based on 3 reviews that include 2 Buys and 1 Hold. The shares have an average price target of $53.33, which implies a 12-month upside of 59% from the trading price of $33.39. (See VSAT stock analysis on TipRanks)EchoStar Corporation (SATS)Last but not least is EchoStar, another satellite operator. This company controls a constellation of communications satellites, offering satcom capabilities to the media and private enterprises, as well as both civilian and military US government agencies. In addition, EchoStar provides satellite broadband in 100 countries around the world.At the top line, EchoStar’s revenues have held steady for the past three quarters, coming in at $465 million, $459 million, and $473 million. And while earnings were negative in Q1 and Q2, the Q3 results showed a net profit of 26 cents per share.The sequential Q3 improvements at the top and bottom lines come along with increases in the EchoStar’s subscriber base, to more than 1.54 million in total. 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74%. (See SATS stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
7 Stocks That Could Benefit From Pfizer’s COVID-19 Vaccine That Requires Cold Chain Storage
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My grandson says my financial adviser is steering me wrong and double-charging me. What should I do?
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Totally Hemp Crazy, Inc. announced today that FINRA has approved the name and cusip change to Rocky Mountain High Brands, Inc. The changes will occur at the open of the market on October 16th. To all shareholders, …