Bullishcharts

NWPN’s Chart Pointing Towards Breakout. Upgraded To Strong Buy

Long
OTC:NWPN   Now Corporation (The)
The Now Corporation (NWPN)
Alert Price: $0.009
Float: 90.697
Earlier we told you that we have identified a low-float CBD company that appears to be on the verge of a major breakout.
Please turn your immediate attention to The Now Corporation (NWPN)

Just like our past mega-winners, NWPN:

Has A Razor Thin Float
Is Picking Up Some Serious Momentum
Has History Of Monster Single Day Moves
Has Been Upgraded To "Strong Buy" On Barchart.com
On Friday NWPN closed up over +60% while trading on light volume.

Shares of NWPN closed at their high-of-day price, which is usually a strong sign of bullish momentum.

This could easily be our next alert to more than double in price.

That being said, we ask that your start your research now, and be ready to trade at 9:30AM EST!

About the Now Corporation

The Now Corporation is a publicly traded, bio-pharmaceutical research company focused on the research, education and production of Scientific-Grade Cannabidiol (CBD) from hemp and Tetrahydrocannabinol (THC) to be used for medicinal purpose, while focusing on pursuing business opportunities in the growing medical and recreational marijuana sector. Through its acquired assets, The Now Corporation is seeking to invest in our businesses associated with the growing, marketing, research and development, training, distribution and retail sale of scientific-grade medicinal cannabis, both in the United States and Canada. At The Now Corporation, we unlock and advance medicine for human life around the world, at every stage of life.

NWPN Announces Pilot Program for Producing Derivatives from Industrial Hemp: Biodiesel

NWPN has announced a pilot program for producing derivatives from Industrial Hemp for biodiesel fuel in North Dakota.

The NOW Biodiesel Pilot Program forms part of the existing joint venture agreement with Mr. Curtis Johnson, for the cultivation of Industrial Hemp to be grown near Grand Forks, North Dakota. For the 2020 grow season, the pilot program will consist of 400 acres and, upon a successful growing season, the following years will then expand to include over 1000+ acres.

To Curtis Johnson who grew up on 2000 acres of a cattle and grain ranch, which he still owns and now grows soybeans, wheat and corn, this brings the opportunity for diversification and expansion of future cultivation: “I am excited to start this pilot program with The Now Corporation and to expand and diversify cultivation of new highly demanded products. With current governmental approvals, the requirement of growing industrial Hemp utilizing this prime land is economically justified.”

According to the U.S. Energy Information Administration*:

Production – U.S. production of biodiesel was 144 million gallons in October 2019. Biodiesel production during October 2019 was 2 million gallons higher than production in September 2019. Biodiesel production from the Midwest region (Petroleum Administration for Defense District 2) accounted for 68 percent of the United States total. Production came from 93 biodiesel plants with capacity of 2.5 billion gallons per year.

Sales – Producer sales of biodiesel during October 2019 included 57 million gallons sold as B100 (100% biodiesel) and an additional 84 million gallons of B100 sold in biodiesel blends with diesel fuel derived from petroleum.

The harvested biomass, pursuant to the joint venture, will undergo research and be quality tested for the effectiveness of hemp oil, and its blends for the purpose of fueling diesel engines. The end result will determine how the product would be economically and structurally feasible for use in further developing commercial biodiesel fuel.

Further legalization and understanding

With the help of recognized researchers from different Universities and the use of their laboratories, further research has been done on the cannabinoid compounds found in cannabis plants. The goal is to publish figures and results about the cannabis, so that more is known about the effects of CBD. Credibility must increase so that The Now Corporation’s products can ultimately be prescribed by medical professionals. In addition, the company wants the untruths to be swept off the table and advocates fair business. In the long run, this should result in FDA-approved production that should eventually be sold at any pharmacy. The long term goal that follows is to patent the compound at the molecular level, similar to Pfizer’s patent on the drug V-i-a-g-r-a.

Fair business is great business

On November 19, 2019, several companies were warned against marketing non-approved medicines. The Now Corporation is aware of this and advocates a scientific white paper based on studies and research results. The company wants to play a significant role in this to enable the FDA to have the information and reliable data to make concrete statements. Many existing CBD products are not safe or contain no test results. For example, it’s not known how much CBD the human body can tolerate. Little is known about the effectiveness rate when people consume these products, which can lead to poisoning. This is the area The Now Corporation wants to be located. They go beyond studying the plant. The soil, air, water and the entire cycle from genetic seed level to adult plant are studied.

To continue, The Now Corporation uses its assets and equity interests from other companies located in the same industries such as the medical and recreational marijuana sectors. A start has already been made by realizing partnerships with for example, Transglobal Assets Inc. (OTC: TMSH) of which it owns 26% of the business. This company focuses on the production of a CBD drink and thanks to the partnership, the company is now able to validate and certify the product for its ingredients and safety. We find other partners mainly in the biotech sector, to provide the studies with the best advanced technology. Of course The Now Corporation dreams of major collaborations in the future, for example SpaceX or NASA. One ambition is to see how CBD and THC react in the space stations, what it does with zero percent gravity or by means of animal experiments.

Experience is a key to success

The CEO is proud and satisfied that The Now Corporation can call itself a listed company. After leading listed companies in the legal marijuana industry for five years and with more than thirty years of experience in advanced technology engineering for several million-dollar companies, it was time to take the plunge with The Now Corporation. By being listed on the stock exchange, the company can share shareholders and investors directly. Through this transparency, the company wants to guarantee and realize the quality of their studies with the turnover. Finally, the CEO says he is very enthusiastic about the publication of RBA Pharma Inc. and expects it to be a stimulus to The Now Corporation’s business.

CBD Market Is Still In Infancy Stage In The U.S.

The cannabis market has not reached its full potential in the U.S. The U.S. made hemp legal through The Farm Bill in 2018. The main difference between hemp and cannabis is the amount of THC (tetrahydrocannabinol), which controls the psychoactive effects. Since hemp contains more CBD and less THC, it became legal in the U.S.

However, the FDA is not convinced about using CBD products as dietary supplements. Therefore, the CBD market and producers still face challenges to earn revenue from these products. Amid the FDA's easing regulations, the CBD market has enormous potential in the longer run.

Barchart.com Upgrades NWPN to "Strong Buy"

NWPN is looking like a must buy from a technical standpoint.

Barchart.com has upgraded NWPN to a "Strong Buy", their highest confidence level.

NWPN is giving off buy signals in 12 out of 13 major technical indicators.

Short Term Indicators

20 Day Moving Average: BUY
20 - 50 Day MACD Oscillator: BUY
20 - 100 Day MACD Oscillator: BUY
20 - 200 Day MACD Oscillator: BUY

20 - Day Average Volume: 127,905

Average: 100% BUY

Medium Term Indicators

50 Day Moving Average: BUY
50 - 100 Day MACD Oscillator: BUY
50 - 150 Day MACD Oscillator: BUY
50 - 200 Day MACD Oscillator: BUY

50 - Day Average Volume: 119,040

Average: 100% BUY

Long Term Indicators

100 Day Moving Average: BUY
150 Day Moving Average: BUY
200 Day Moving Average: BUY
100 - 200 Day MACD Oscillator: BUY

100 - Day Average Volume: 98,099

Average: 100% BUY

Market Outlook

CBD Market Could Reach $20 Billion By 2024, Says New Study

Affecting industries as diverse as cosmetics, food and beverage and pharmaceuticals, the exploding CBD (cannabidiol) market has generated considerable headlines, providing fodder to umpteenth analysis and forecasts. The latest one, by leading cannabis researchers BDS Analytics and Arcview Market Research, projects that the collective market for CBD sales in the U.S. will surpass $20 billion by 2024. Interestingly, this figure is a slight increase from than the recent forecast made by New York-based investment bank Cowen & Co, which estimated that the market could pull in $15 billion by 2025.

The new forecast takes into account products sold through licensed dispensaries, pharmaceuticals and in general market retail, which includes cafes, smoke shops, grocery stores and pharmacies. However, BDS Analytics predicts that the majority of CBD product sales will soon occur in general retail stores instead of cannabis dispensaries. When you consider how cannabis has become increasingly integrated into mainstream society, as represented by the number of states that have legalized recreational or medical markets (33 and D.C for recreational use and 10 states plus D.C. for adult use), the BDS prognostication makes perfect sense.

But sales will continue from other distribution channels. In fact, BDS Analytics is predicting an compound annual growth rate of 49 percent by 2024 across all distribution channels. Also, they expect that the CBD market, combined with THC products, will create a total market of $45 billion for cannabinoids by 2024.

Other findings from the new study include:

CBD product sales in dispensaries since 2014 have grown at an even faster rate than overall sales in dispensaries;
66 percent of hemp-derived CBD consumers in the U.S. agree with full federal legalization of cannabis, with 90 percent believing that marijuana has medical benefits; and
CBD consumers are an average age of 40, have higher education, and are more likely than non-consumers to be employed full time.
Technical Analysis

As we mentioned above, the float on NWPN is razor thin.

We did the quick math, and there is only around 816.28K worth of shares available to the public for trading.

On Friday NWPN closed up over +60.71% on light volume!

Based on our own technical analysis, we see the potential for another big move from here.

Bullish Indicators

Bullish above midpoint.
Indicators all in bullish reversal
Spike in volume helped the stock break above local resistance, while also reclaiming the 7/12/20 moving averages signaling a bullish swing in momentum.
These low-float alerts are extremely volatile, and are no strangers to triple-digit same-day moves!

The Bottom Line

This has the potential to be one of our biggest winners of the year.

From a purely technical standpoint, NWPN seems like a no brainer at the moment

Those on the hunt for big gains should add NWPN to the top of their watchlist immediately By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)

Best Regards,

Disclaimer

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