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Future Farm Stock (CNSX:FFT) (OTCMKTS:FFRMF) A Prime Bounce Play

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Future Farm stock

Future Farm Stock (CNSX:FFT) (OTCMKTS:FFRMF) is likely to continue its solid performance after bouncing back following a harrowing plunge in 2019. The stock has bottomed out from one-year lows in what appears to be a change in direction. The bounce-back has coincided with an uptick in sentiments in the overall cannabis market.

Future Farm Stock Price Analysis

Renewed investor interest stems on the company confirming it is preparing Maine-grown hemp biomass and seeds for processing and market. The company is also nearing completion as part of ongoing harvesting in Maine. Management changes have also come into play as the company looks to take advantage of new ideas in what is expected to be a busy year.

The stock has since bottomed out from the $0.02 level and shows signs of edging higher in the wake of sentiments in the broader stock market turning bullish. A bounce back to the $0.03 level should open the door for the stock to continue powering higher ahead of the $0.05 resistance level.

Future Farm stock needs to rise and find support above the $0.05 level to reaffirm its break out credentials from all-time lows. Failure to take out the $0.05 resistance level could leave the stock susceptible to further drops given the underlying long-term downtrend.

In our view, Future Farm stock has reached a bottom and due for a correction high as short sellers continue to get squeezed.

About Future Farm stock

Future Farm Technologies casts itself as a leading supplier of hemp-derived CBD products. The company is currently engaged in the processing of hemp crop grown in Maine as it also continues to pursue hemp-related opportunities across the U.S. It is also involved in the development of cannabis strains in Canada.

Directors Appointment

Following the completion of the company’s annual general meeting, four new directors have been appointed to the board expected to impart new ideas. The directors who will hold office until the next annual meeting include William Gildea, Craig Stanley, and newly appointed Thomas Barrette. Mr. Barrette is a great addition as he joins Future Farm Technologies with vast experience in working with companies facing challenges pertaining to sophisticated financing and strategic partnerships.

When it comes to operational efficiency, Future Farm Technologies has completed the drying and curing phase of its hemp and seeds in Maine. The fact that the yields exceeded the company’s apparatus for seed extraction processing and storage points to what could turn out to be a fruitful year.

Maine Bumper Hemp Harvest

The company has since confirmed plans to acquire more robust seed extraction and cleaning equipment as it seeks to ramp up its cannabis extraction process. Future Farm Technologies is also planning for additional resources that will support storage as well as transportation of larger industrial scales.

“These early findings are great news for us, and as we look to meet the needs of our robust pipeline of carefully curated and diverse customers. The abundance of the product enables us to service the demand for seeds, biomass, oils, extracts, and contract manufacturing,” said William Gildea, CEO of Future Farm.

Future Farm Technologies starts the year with more than 5 million worth of high-quality Cherry Wine hemp seeds after a successful harvest late last year. In November, the company sent 25 acres of hemp to its Belfast facility for processing in preparation of three more cycles of harvesting hemp.

The hemp harvest positions the company to be one of the biggest beneficiaries following the release of new hemp regulations. The company thus remains well-positioned to pursue economic opportunities in new markets.

Bottom Line

While things have not been rosy for Future Farm stock over the past year, they are starting to look up. The harvesting of 25 acres worth of hemp means the company is well-positioned to take advantage of strong demand for hemp seeds and other products this year.

Future Farm stock price action has already shown signs of improvement with the stock bottoming out from one-year lows on huge volume, signaling the building up of momentum players jumping in. In our view, the bumper hemp harvest in Maine has the potential to strengthen the company’s hemp production capacity, consequently strengthening market sentiments. Likewise, the stock looks set to continue its solid performance after starting the year on a roll.

We will be updating our subscribers as soon as we know more. For the latest updates on Future Farm stock, sign up below!

Disclosure: We have no position in Future Farm stock and have not been compensated for this article.

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Is Neptune Wellness Solutions Inc (TSE:NEPT)(NASDAQ:NEPT) A Good Bet Right Now?

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Neptune Wellness Solutions

There is no doubt 2019 was a tough year for the hemp/cannabis businesses. However, there are a few hemp/cannabis stocks that still managed to make their investors proud. Neptune Wellness Solutions Inc (TSE:NEPT)(NASDAQ:NEPT) is one of those stocks. Investors who put their bet on Neptune at a time like this saw their investment increase 130% by July of last year.

Neptune Wellness Solutions is already off to a strong start in 2020. The stock has gained more than 15% in the past week alone. Looking at how Neptune has positioned itself in the hemp/cannabis market, you cannot dispute 2020 is shaping up to be a great year for the stock. Then you notice that Neptune insiders are deeply invested in the stock. Insiders own more than 17% of all shares in the company. The company’s market cap of $280 million shows that insiders alone have sunk $48 million in the stock.

You are about to find out more reasons why Neptune Wellness Solutions looks to be a good pick right now. But first, here’s what you should know about the company we’re discussing.

About Neptune Wellness Solutions

Neptune Wellness Solutions has been around since 1998 and is headquartered in Laval, Canada. It is engaged in the extraction, formulation, and packaging of value-added cannabis products for both Canadian and global markets.

This is shaping up to be Neptune’s year for a number of…

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Is Tetra Bio-Pharma (CVE:TBP) (OTCMKTS:TBPMF) A Smart Pick?

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Tetra Bio-Pharma

Investors will remember that 2019 wasn’t a great year for cannabis stocks, especially Canadian stocks. Issues from uncertainty over Canada’s national elections to shortage of cannabis retail stores in Ontario greatly weighed on Canadian cannabis stocks last year. These problems are largely out of the way and investors can now spot cannabis stocks with a promising outlook in 2020. Tetra Bio-Pharma (CVE:TBP) (OTCMKTS:TBPMF) is one play poised for a big breakout in 2020 as its drug products go on sale.

Tetra Bio-Pharma is one of the most promising cannabis stocks in 2020 and investors have really warmed up to the stock. At $0.50, Tetra stock has already gained more than 60% year-to-date. But that is just the beginning and we feel there is a great story to tell here. First, however, it is important for investors to understand the company we’re discussing.

About Tetra Bio-Pharma

For investors who may have just come across Tetra Bio-Pharma for the very first time, this is a Canadian cannabis company. It is focused on developing cannabis-based drugs for a variety of conditions, including cancer.

Tetra Bio-Pharma about to begin commercializing its drug products

As a drug company, Tetra Bio-Pharma is insulated from many challenges that face conventional cannabis companies. For example, companies that make adult-use cannabis products must cope with cutthroat competition in the market. Moreover, Canadian cannabis companies have Continue Reading

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Why Investors Are Warming Up To Fire & Flower Holdings Corp (TSE:FAF) (OTCMKTS:FFLWF)

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Fire & Flower Holdings

The disastrous 2019 taught investors the importance of carefully screening cannabis stocks for great picks that can withstand industrywide shocks. That explains why investors are warming up to Fire & Flower Holdings Corp (TSE:FAF) (OTCMKTS:FFLWF) in 2020.

Fire & Flower Holdings has positioned itself to take full advantage of the recently expanded cannabis market under Cannabis 2.0. Investors are realizing that FFLWF is one pick that can make a huge difference in their cannabis portfolio. Fire & Flower Holdings has already gained more than 25% year-to-date, a testament to the strong investor interest in the stock in 2020.

About Fire & Flower Holdings

Fire & Flower Holdings is a Canadian cannabis company. It operates as a cannabis product retail chain. It operates a network of dozens of cannabis retail outlets in Canada. FFLWF currently has licenses to operate cannabis retail stores in Alberta and Saskatchewan provinces. In addition, it runs a cannabis distributor business in Saskatchewan.

Investors will no doubt remember that 2019 was a tough year for the cannabis sector, with a widespread collapse of many cannabis stocks big and small. That shows why in 2020 investors are looking for cannabis stocks that can deliver excellent returns and make them forget the pain of the past year. FFLWF has emerged as one of the favorite cannabis stock picks for investors early on in 2020. There are several reasons behind that and here are…

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