HENDERSON, NV / ACCESSWIRE / November 29, 2018 / Below are a few stocks in controversial sectors that look prime for more research by investors:
Securities and Exchange Commission Chairman, Jay Clayton, recently spoke about his apprehension toward cryptocurrency, citing the lack of systems that monitor, prevent and investigate abusive and manipulative activity on these exchanges.
Companies like APT Systems, Inc. (APTY) (Market Cap: $985K, Share Price: $0.0026) developing KYC (Know Your Customer) and AML (Anti-Money Laundering) systems and reports to ensure its compliance with regulators, are most likely going to be in high demand in the coming months. The company recently received approval of their application and was provided access to data held by key third party data providers, which was critical to payments plans.
APTY is now active in a very lucrative revenue space. Some major financial institutions spend up to $500 million annually on KYC and customer due diligence, according to Thomson Reuters.
10% of the world's top financial institutions spend at least $100 million annually on risk management. APTY is one provider to monitor.
A pure bitcoin play that helps investors avoid the risk of owning actual bitcoins is Bitcoin Investment Trust (GBTC) (Market Cap: $973.655M, Share Price: $5.54). GBTC is a private, open-ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. The trust will not generate any income and regularly sells/distributes bitcoins to pay for its ongoing expenses. Therefore, the amount of bitcoin represented by each share may gradually decline over time should the bitcoin price decline.
CBD is another sector that's had some controversy recently. Charlotte's Web Holdings, Inc. (CWBHF) (Market Cap: $1.01B, Share Price: $12.37), the market share leader in hemp-based CBD wellness products, recently reported their third quarter results. The company saw revenue growth of 57% to $17.7 million, gross profit (before biological asset adjustments) increased 54% to $13.8 million, and an adjusted EBITDA increased 23% to $5.4 million or 31% of its consolidated revenue. Wellness combined with hemp seems like a winning combination.
Another cannabis company play, MedMen Enterprises, Inc. (MMNFF) (Market Cap: $1.492B, Share Price: $3.36) announced the company's $120 million financing, which is set to close on December 4th. This deal should help the company add to its growing base of 19 licensed legal marijuana facilities. The company calls itself "the most dominant cannabis enterprise in the emerging legal marijuana industry" and is also one of the nation's largest financial supporters of progressive marijuana laws.
Last on our list, Kona Gold Solutions, Inc. (KGKG) (Market Cap: $234K, Share Price: $0.094) a hemp and CBD lifestyle brand focused on product development in the functional beverage sector, recently announced they will be producing a new Alkaline CBD water, HighDrate Storm. The company says "HighDrate Storm will be produced with the highest quality CBD and utilize innovative Alkame water, which is produced with a patented technology to create very healthy Alkaline water that is oxygenated, contains antioxidants, and is formulated for more effective hydration and optimal pH balance to boosting your metabolism and providing more energy for better health." An interesting combination to watch out for.
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has received 15 million restricted shares of APTY for 180 days of service dated 6/09/2018. All payments were made directly by APT Systems, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. APTY was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
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