GRCU - Green Cures & Botanical Distribution Inc.
| Previous Close | 0.0026 |
| Open | 0.0025 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 0.0022 - 0.0025 |
| 52 Week Range | 0.0011 - 0.0139 |
| Volume | 2,029,253 |
| Avg. Volume | 4,302,574 |
| Market Cap | 5.085M |
| Beta (3Y Monthly) | 3.55 |
| PE Ratio (TTM) | 0.00 |
| EPS (TTM) | 3.1470 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- InvestorPlace•3 months ago
4 Marijuana Penny Stocks That Could ‘Double’
We all know that legal cannabis markets are booming and pot is increasingly being accepted into our society. There seem to be countless advertisements courting subscribers to this or that service for marijuana penny stocks that have, allegedly, doubled or tripled in price. But you need to be careful and treat any advertisements touting great investment performance with a grain of salt. I shouldn't have to tell you that this advertising can be very misleading.There can be statements that are technically true, but at best they're misleading … at worst, they're deceitful. Example: If a stock goes from 2 cents to 4 cents then technically it has gone up by 100%. However, this is not the same as a stock going from say $2 to $4 or $20 to $40.Consider the following. When someone buys or sells a stock "at market," they will receive the best price that currently exists in the market. If they are selling, they will get the highest price that anyone in the market is willing to pay. If they are buying, they will get the lowest price that anyone is willing to sell at. Suppose a stock is bid at 2 cents and offered at 4 cents. This means that the most anyone will pay for the stock is 2 cents, and the lowest anyone will sell it for is 4 cents.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNow, say someone sells 100 shares at the market and hits the bid. The last trade is two cents. Suppose one minute later someone else buys 100 shares at the market and pays the offer price. Now the last trade is four cents. This is +100% from the prior trade. The stock has apparently doubled, but in reality it hasn't moved! And if you paid 4 cents for your investment, you literally need to wait for the stock to double and the bid to become 4 cents just to break even!Just remember that if it seems too good to be true, it probably is. * 10 S&P 500 Stocks to Weather the Earnings Storm Here are four examples of seemingly legitimate companies whose stock prices would suggest otherwise. I'm not saying that you can't make money with them … it's not outside the realm of possibility. But neither is the chance that space aliens will invade tomorrow, enslave us and ship us off to work in some dilithium crystal mines on the other side of the galaxy. But I wouldn't bet on it, just like I wouldn't bet on these stocks.[A word of warning: Due to their extremely low prices these and other penny stocks can be very volatile. This makes them dangerous investments.] Marijuana Penny Stocks: Rocky Mountain High Brands (RMHB) Click to Enlarge The first one is Rocky Mountain High Brands (OTCMKTS:RMHB). RMHB refers to itself as "a publicly-traded, lifestyle brand management company that markets 'good for you' products to health-conscious consumers."It seems to be a "real" company, insofar as it has a decent-enough website and people apparently actually work there. But take a look at the stock.The last trade was at .0044. That is less than one cent!On the chart above, the highest price displayed on the X axis of the price scale is .018 … just under two cents.If you aren't aware of the scale, this chart can be very misleading. If it goes from .0044 to .0088 is that really a double? Is it the same as a stock going from $4.40 to $8.80 or $44 to $88? Absolutely not.Commissions, liquidity constraints and transaction costs will keep this from happening. The stock is not trade-able. Ubiquitech Software (UBQU) Click to EnlargeThis next gem is Ubiquitech Software (OTCMKTS:UBQU). The company considers itself a "multimedia, multi-faceted corporation focused on utilizing state of the art global internet marketing and traditional marketing to drive traffic to multibillion-dollar industries."To illustrate some of the misunderstandings of these types of markets, check out this ridiculous analysis from insiderfinancial.com:"Ubiquitech Software Corp might as well have found a way to reinvigorate its ailing prospects having taken a significant hit. The company is in the process of changing its name and has also decided to forego its cryptocurrency ambitions all in the effort of focusing on the hemp business. HempLife Today is the proposed name change that the company believes reaffirm long-term ambitions and plans.The restructuring drive appears to have caught investors' attention given the increased trading activity around the stock in recent trading sessions. While the stock is still languishing at all-time lows having lost more than 80% in market value, a high turnover in traded shares could as well signal a change in the direction of trade.The stock has started showing signs of bottoming out having spiked by more than 60% in recent trading sessions. After the recent spike higher, the stock faces immediate resistance at the $0.006 level on further movements on the upward.A rally followed by a close above the critical resistance level should reaffirm the emerging uptrend, setting the stage for the stock to continue climbing high. Below the $0.006 resistance level, the stock remains susceptible to further declines given the underlying bear trend and the fact that short sellers are still in firm control". * 10 Best Stocks to Buy and Hold Forever You have got to be kidding me. Resistance at six-one thousandths of a share? Short sellers in control? Apparently whoever wrote this drivel doesn't realize that in order to short a stock it needs to be marginable. Penny stocks are not marginable, so there are no short sellers in this market. Again, this stock is not tradeable and this analysis is completely invalid. GrowLife (PHOT) Click to Enlarge This is GrowLife Inc (OTCMKTS:PHOT). They say they are "a nationally recognized cultivation brand" that deals in hydroponics. Hydroponics are essentially a way of growing cannabis without soil, but with water, sand or even gravel. GrowLife provides this equipment to the grow houses that, well, grow the pot. They also supply lighting and "other cultivation supplies" for use in many environments, including for commercial use.The last trade was at .008. If it "rallies" to .016, did it really a double? On paper "yes." But as I mentioned earlier, percentages can be tricky, as they mask the true value when used in a misleading way. I'd much rather see a stock like Roku (NASDAQ:ROKU) double.In real life, could you actually make this trade with a meaningful amount of money? Not a chance. Green Cures & Botanical Distribution (GRCU) Click to Enlarge Last, but certainly not least we have Green Cures & Botanical Distribution Inc (OTCMKTS:GRCU). According to its website, Green Cures deals in infused drinks, which it considers "nutritional, botanical, sports and body care products." It doesn't have a brick-and-mortar retail presence, and it is currently focused on online sales to generate sales."From concept to production and distribution, Green Cures & Botanical Distribution Inc., is continuously creating and introducing products that promote a healthy lifestyle." Yeah, sure. One look at the stock and you'll think otherwise. * 7 Stocks to Buy for Spring Season Growth GRCU stock closed at .0029. If you wanted to invest $20,000 in it -- and were actually able to buy it -- you would be long 6,900,000 shares. That is more than 10 days worth of the average daily volume! It would not be possible to trade that many shares without affecting the price.As of this writing, Mark Putrino did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post 4 Marijuana Penny Stocks That Could 'Double' appeared first on InvestorPlace.
- GlobeNewswire•4 months ago
Green Cures & Botanical Distribution, Inc. Increases Product Placement with the Addition of Blue Plant Farms’ CBD Products on Green Cures Platform
LOS ANGELES, March 14, 2019 -- Green Cures & Botanical Distribution, Inc. (OTC: GRCU) a Colorado corporation (“Green Cures”) is pleased to announce the addition of Blue.
- GlobeNewswire•5 months ago
Green Cures & Botanical Distribution, Inc. Announces New Product Lines and Website Revisions
Green Cures & Botanical Distribution, Inc. (GRCU) a Colorado Corporation (“The Company”) is pleased to announce the launch of the newly designed website www.grcustock.com. The website is currently offering over 30 CBD products which include CBD whey proteins, CBD topical tinctures, drops, moisturizers, pain creams and soaps. As the Company continues to evaluate new products for placement on the website, management see 2019 as a breakout year for product sales.
- GlobeNewswire•5 months ago
Green Cures & Botanical Distribution, Inc. Enters into Agreement to Acquire Domain ReliefProducts.com
Green Cures & Botanical Distribution, Inc. (GRCU), a Colorado Corporation, is pleased to announce that it has entered into an agreement to acquire 100% of the domain name ReliefProducts.com. As the Company continues to build its online reach and product offerings in the CBD, Health, and Lifestyle sectors, the acquisition of ReliefProducts.com plays a key component in the company’s overall plan to generate substantial revenue in 2019 and beyond. Management has already set in motion and initiated building the infrastructure and brand to this health and wellness portal, which will offer an array of products and services in the pain relief industry.
- GlobeNewswire•6 months ago
Green Cures & Botanical Distribution, Inc. Entering the Multibillion Dollar Pet Products Market
Green Cures & Botanical Distribution, Inc., a Colorado Corporation (“The Company"), management is excited to announce they are forming a wholly owned subsidiary to focus providing CBD products and non CBD products and content to the multibillion dollar Pet Products market. The Company sees this market as fragmented with a number of growth opportunities with established brands and new startups. The Company will be announcing its initial transaction and the name of the subsidiary and website in the coming days.
- GlobeNewswire•6 months ago
Green Cures & Botanical Distribution, Inc. to Initiate Brand Awareness Campaign to Include Hollywood Celebrities as Spokespersons for the Hollywood Hemp Brand
Green Cures & Botanical Distribution, Inc. (GRCU) a Colorado Corporation (“The Company”) management is pleased to announce the initiation of a Brand Awareness Campaign for the Hollywood Hemp brand. As the Company begins to stock initial inventory for distribution of their recently announced Hollywood Hemp Water, management is actively planning an initial regional launch of the product. Presently, management is fielding several distribution agreements for the Hollywood Hemp Water, which will align with the core demographic for the CBD infused water.
- GlobeNewswire•6 months ago
Green Cures & Botanical Distribution, Inc. Announces New Line of CBD-Infused Products to be Launched Under Hollywood Hemp Brand
The Company is in the process of expanding its Hollywood Hemp brand with its recently announced Hollywood Hemp Water. In addition, the Company will be adding a Hollywood Hemp CBD Capsules line, which are 100% organic, derived from hemp and only grown and extracted in the U.S.A. Hollywood Hemp CBD Tinctures, which are the most effective and the simplest vehicle to administer herbal medicine, are also being formulated at this time and added to the brand.
- GlobeNewswire•6 months ago
Green Cures & Botanical Distribution, Inc. Announces the Launch of Hollywood Hemp Water
Green Cures & Botanical Distribution, Inc. (GRCU) a Colorado Corporation (“The Company”) is pleased to announce the expansion of its CBD lifestyle brand Hollywood Hemp. The Company is launching their premium Hollywood Hemp Water brand into the CBD infused beverage segment with Alkame Holdings, Inc. (ALKM). Hollywood Hemp Water will be produced using Alkame’s patented technology and formula, in conjunction with GRCU’s water-soluble CBD ingredient.
- GlobeNewswire•7 months ago
Green Cures & Botanical Distribution, Inc., Applauds President Trump on Signing The Farm Bill Opening the Door to Undeveloped Hemp Businesses
Green Cure & Botanical Distribution, Inc. (GRCU) a Colorado Corporation (“The Company”) commend President Trump on signing The Farm Bill legalizing hemp farming into law December 20th 2018. The Bill redefines a cannabis plants with no more than .03% THC as hemp. The measure aims to clarify that those low – THC cannabis plants aren’t illegal drugs, which is the most significant change to the Controlled Substance Act since it was passed in 1971. Allow nationwide Hemp production, while permitting states to submit individual plans to regulate the crop to the U.S. Department of Agriculture, which will oversee hemp the same as any other agricultural commodity.
- GlobeNewswire•8 months ago
Green Cures & Botanical Distribution, Inc. Management Discussion of Results From the 2018 MJBizCon Convention in Las Vegas
Green Cure & Botanical Distribution Inc. (GRCU) a Colorado Corporation (“The Company”) sent a management team to the 2018 MJBizCon convention in Las Vegas. As a result of meeting with numerous companies in the CBD and cannabis space, the Company is pleased to announce we are in the later stage of negotiations. With these and a number of early stage discussions with other attendees to the show, management feels it was a tremendous success and will mark the turning point of the Company’s growth.
- GlobeNewswire•8 months ago
Green Cures & Botanical Distribution, Inc. Management Attending 2018 MJBizCon Convention in Las Vegas
Green Cure & Botanical Distribution Inc. (GRCU), a Colorado Corporation (“The Company”), is sending a management team to the 2018 MJBizCon convention in Las Vegas. As the Company continues to expand its current portfolio of products, the team will identify possible brands and innovative technologies for acquisition. With Continuation Capital, Inc., our financial partner in place, management will have a strong and compelling story to convey to possible acquisition candidates.
- GlobeNewswire•8 months ago
Green Cures & Botanical Distribution, Inc. Expands Original Hollywood Hemp Line into the Growing CBD Beverage Space and is Finalizing Negotiations with a Multi-National Beverage Company
Green Cure & Botanical Distribution Inc. (GRCU) a Colorado Corporation (“The Company”) is expanding their already popular Original Hollywood Hemp line into the exploding CBD Beverage Space. With a focus on high bio-availability and clean ingredients Original Hollywood Hemp’s beverage products will include CBD infused water and performance enhancing drinks to start. Management is positioning Hollywood Hemp’s existing product lines and the new beverage products to be available on the Company’s web site and Amazon for purchase. With the addition of CBD Beverages to the Company’s ever expanding product portfolio it further demonstrates management’s ability to position the Company to scale its revenue growth and product portfolio.
- GlobeNewswire•9 months ago
Green Cures & Botanical Distribution, Inc. Announces Funding Partner and Debt Repayment Agreement Enhancing Acquisition Prospects in the CBD Sector as well as CBD Beverage Industries
Green Cure & Botanical Distribution Inc. (GRCU) a Colorado Corporation (“The Company”) entered into an agreement to retire $538,007 (“the Settlement Amount”). Continuation Capital Inc. (“CCI”), a Delaware Corporation, this represents over 70% of our outstanding Liabilities. CCI purchased the obligations from certain vendors of the Company, which consisted of past due obligations and accounts payable from Company. The retirement of debt put the Company in a position to begin to scale growth of the Company’s product portfolio.
