Good Morning, Trader!
You wouldn’t know it from the name or the PPS, but Polaris International Holdings Inc. (PIHN) has a unique angle on the hemp revolution.
I know you’ve seen lots of “cannabis” trades in the last 5 months and many made money -- but PIHN is a different animal!
PIHN’s management team is two steps ahead of most of those copycats and from the news flow they seem to take it up a notch every few days.
And that gets me wondering whether the PIHN chart is ready to “take things up a notch” from under 1 cent a share as well:
PIHN handed out 43% to 45% on the swings I outlined, so this is clearly a stock with the muscle to ring big %% bells!
And with millions of tiny PIHN shares moving on a typical day, those percentage swings can add up to actual cash -- don’t worry about that!
Either way, yesterday’s 2-digit leap makes me suspect PIHN may be embarking on its next jaunt and today’s action will prove the theory.
It all depends on PIHN’s evolving slice of the hemp business. Unlike “hey dude, pot is legal” plays, this one is more ambitious.
PIHN got moving a few months ago buying the rights to a proprietary cannabis oil formula with vitamins added and the wacky THC removed. (Read more)
No THC means PIHN can sell it to anyone because it won’t make them high -- but all the other health-giving cannabinoid molecules are there!
Before it was a drug, the weed was a medicine with “low toxicity and generally benign side effects” so PIHN’s formula goes back to that. (Read more)
Then PIHN hit the ground to start manufacturing oil in India, prep for clinical trials and even work on a new patch-based hemp dosing system.
Meanwhile, PIHN recognizes that margins follow when you can control your supply chain, so they joined a 70-acre hemp farm in Kentucky! (Read more)
Growing industrial weed is legal in the Blue “Grass” State and PIHN aims to sow a literal TON of seed this weekend! (Read more)
If the crop sprouts as planned this fall, PIHN just secured close to 50,000 pounds of hemp for melting into oil and now protein powders as well.
From seed to health store shelves, that’s a true “vertically integrated play” that sets PIHN above the cannabis copycat crowd!
Does it set PIHN apart on the market today? Start refreshing that chart now and be ready to move if you see any “vertical” movement there!
See you soon!