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SKDI oversold and Could Bounce Hard

OTC:SKDI   SUN KISSED INDUSTRIES INC
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Sun Kissed Industries Inc. ( SKDI )

Alert Price: $0.0206

Float: 530M

Website | Recent News
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Members,

Earlier we told you that we just identified another great trade idea that could provide our members with a triple-digit percent ROI .

Please turn your immediate attention to Sun Kissed Industries Inc. ( SKDI ).

SKDI is an up-and-coming player in the red hot CBD sector, and now could be the perfect time to start building a position.

Today SKDI had an opportunistic selloff, creating one of the most attractive bounce opportunities that we have seen all year.

SKDI seems to have leveled off at today's alert price, and appears to have nowhere to go but up.
Especially considering the fact that the Company recently signed a Letter of Intent (LOI) to acquire a premier , revenue-generating company that could make the Company a force to be reckoned with.

That being said, it’s only an LOI. The overall transaction has not occurred yet.

That means, when it does happen…SKDI could go parabolic.

SKDI is no stranger to huge single-day run-ups...

When SKDI's acquisition news hit the wire back on November 7th, shares ran up from $0.03 to $0.16 for gains of up to +433%!

With shares now back around $0.02, those who act early could be setting themselves up for some serious gains should SKDI rally hard once again.

This is a true buy-low/sell-high opportunity.

As such, we are urging all members to start their research on SKDI now, and consider taking action tomorrow morning at 9:30AM EST.

About Sun Kissed Industries , Inc.

Sun Kissed Industries Inc. (OTCMKTS: SKDI ) is an emerging leader in the CBD-based products marketplace. The Company is pursuing meaningful acquisitions as part of an aggressive M&A strategy designed to position Sun Kissed as a dominant player in a well-defined, high-growth niche within the rapidly expanding CBD sector.
CEO's Letter to Shareholders Paints a Bright Picture for the Future

Dear Valued Shareholder,

We have been quiet in recent months, but a lot of action has been going on under the surface. Significant announcements are forthcoming as we aggressively pursue an immediate acquisition that will position the Company as an emerging leader in the CBD products marketplace. We are already in advanced stages of negotiation with a very promising high-growth target.

Our analysis suggests the CBD space continues to be ripe for massive overall growth that represents a multi-year boom, very little of which has actually taken place to date. The driver behind this boom is the process of mainstream adoption among North American consumers of CBD-infused products as supplemental ingredients in a healthy and vibrant lifestyle.

This process of adoption is only in its infancy, and the market for such products has yet to differentiate fully into the myriad component puzzle pieces we anticipate coming into existence with the growth boom. Right now, recent research from the Brightfield Group shows 2019 to be the breakout year where CBD announces itself onto the grand stage for investors, with the full market for CBD products set to grow by over 900% this year, which appears to be an astonishing rate of expansion on its face.

But, if you look a little closer at the data, it makes perfect sense as part of the shift in which a very small niche market is rapidly becoming a huge and commonplace part of the American consumer menu.

According to our own analysis, most of this 2019 growth is stacking toward the back half of the year following steps taken by big-brand mainstream retailers, like Kroger’s, Walgreens, Walmart, Rite-Aid, and others, to start placing CBD-based products on their physical store shelves. That has taken the CBD industry out of the shadows of backwater ecommerce portals on the internet and put it squarely in front of consumers as they go about their typical shopping day.

These are huge brands that dominate the chain-store shopping experience for most Americans. We expect this to be just the tip of the iceberg. As more big brands follow suit, the accelerating growth curve will build to a fever picture over coming quarters.

As such, we have put in place a strong strategy for carving out a dominant presence in a highly differentiated niche inside of the broader CBD marketplace. The first step will be taken via a meaningful M&A move on the immediate horizon. Keep an eye out for more details in the days that follow.

Warm Regards,

Carl Grant, CEO , Sun Kissed Industries

SKDI to Acquire Award Winning Revenue-Generating CBD-Based Products Company

The company is already a major player in the space with considerable reach and will deliver over a million dollars in immediate revenue for Sun Kissed on a forward basis

Earlier this month, SKDI announced the Signing of a Letter of Intent (the “LOI”) to acquire Hakuna Supply/Products Group, Inc. (“Hakuna” or “Hakuna Supply”), a premier revenue-generating CBD-based products company located in California with over 110 established retail distribution partners across over 20 states in the domestic US market.

“This is the deal we have been hunting to thrust Sun Kissed onto the global CBD products market stage in a major way,” commented Carl Grant, Sun Kissed CEO . “Hakuna is a well-respected private market leader in CBD-based products with a massive well-established distribution footprint. The company is already a major player in the space with considerable reach and will deliver over a million dollars in immediate revenue for Sun Kissed on a forward basis.”

Hakuna offers award-winning high-end CBD-based products, including CBD Hemp Roast Coffees, CBD Coffee Bundles, CBD Tea Bundles, CBD Drink Drops, CBD Gummies, CBD Flower, a range of premium CBD Teas, and other premium products.

Hakuna Supply received the DOPE Magazine Best New Product award for Southern California in the non-cannabis/non-tech category in 2017
Hakuna’s coffee is currently nominated for “Best Hemp-Derived CBD Product” by the California cannabis awards
The LOI represents an agreement to pursue a transaction in which 100% of the issued and outstanding shares of Hakuna will be purchased through a definitive stock purchase agreement by Sun Kissed on or before November 22, 2019.

“According to every major research firm familiar with this market, the dramatic explosion in growth we are seeing in the CBD space is being fueled by a massive wave of mainstream adoption among typical US and global consumers,” continued Mr. Grant. “That growth is only expected to further accelerate in the months and quarters ahead, and Hakuna puts us instantly on the map as a market leading force to be reckoned with.”

Research firm MRFR sees the global CBD market growing at better than 125% annually through 2026. Brightfield Group joins in this view, adding that 2019 alone will show over 900% expansion in total sales of CBD-based products across all related product groups.

Recent Developments:

Sun Kissed Announces Hakuna Releases New State-of-the-Art CBD Biometric Sensor Storage Device

On Friday, the Company announce that its soon-to-be subsidiary, Hakuna Supply/Products Group, Inc. (“Hakuna” or “Hakuna Supply”), an award-winning CBD-based products company, is releasing for sale its new “Fingerprint Lock Box” biometric sensing storage device for cannabis, hemp, and CBD products in time for the 2019 Holiday Shopping Season.

Sun Kissed and Hakuna are nearing the signing of their Definitive Agreement, by which Sun Kissed will acquire 100% of the issued and outstanding shares of Hakuna, a private CBD products leader booking strong revenues with over 110 established retail distribution partners across more than 20 states in the domestic US market.

“I’m truly excited that the Hakuna acquisition appears set to be finalized sooner than expected as Hakuna continues to roll out powerful new products,” stated Carl Grant, CEO of Sun Kissed. “As we get ready to close the acquisition, our attention will quickly turn toward marketing the many award-winning top-tier products Hakuna has crafted, with this beautiful new state-of-the-art biometric sensing Fingerprint Lock Box representing yet another success story as shoppers get set for the Holiday Season.”

Management notes that the new Hakuna Fingerprint Lock Box sits at the intersection of major market trends, with the biometric sensing market already projected to grow from $3.5 billion in 2019 to $7.1 billion by 2024 at a CAGR of 15.3%, according to recent research from MarketsandMarkets, and overall sales within the legalized U.S. cannabis industry expected to reach $13.6 billion throughout 2019, for a 32% increase over 2018, according to New Frontier data.

The Fingerprint Lock Box is a perfect holiday gift idea, with a sleek and stylish look, and a robust design built to keep products safe and secure behind a lock controlled through a fingerprint-triggered biometric sensing mechanism, with an included back-up metal key for extra assurance. The box can be charged by a USB-compatible, portable, removable wireless charger located at its base.

“We are working closely with Hakuna to provide for a smooth transition as we get set to integrate Hakuna’s operations and prepare to invest in growing the company into one of the biggest CBD players in the US domestic market,” continued Mr. Grant. “That shouldn’t be a stretch given the company’s massive existing distribution footprint and its award-winning product line. We look forward to updating current and prospective shareholders as events transpire.”

Market Outlook

Brightfield Group, a leading market and consumer intelligence firm for the legal CBD and cannabis industries, reported significant expected acceleration in growth for the CBD market, resulting in a 706% year-over-year CBD product sales jump in the US in 2019 to around $5 billion in total sales, with sales expected to reach $23.7 billion by 2023. This suggests the overall CBD-based products market is set to grow by a stunning 107% CAGR over coming years.

According to the Marijuana Business Factbook, retail sales of medical and recreational cannabis in the United States are on pace to eclipse $12 billion by the end of this year. This would be an increase of roughly 35% over 2018.

Retail sales could rise as high as $30 billion by 2023!

It was a banner year in 2018 with investors pouring an amazing $10 billion into cannabis in North America.

There has been a tremendous amount of positive buzz surrounding the legal marijuana industry, especially with politician on board to decriminalize the plant. This has helped marijuana stocks witness supreme rallies in recent years.

When the Food and Drug Administration approves the first pharmaceutical drug made from cannabis, it says something. When Corona Beer’s owner makes a $4 billion bet on a marijuana firm called Canopy Growth it says something.

When one marijuana company called Tilray Inc . sees its shares explode from under $60 to over $200 in just three weeks after making its debut in the market, it says something.

When one analyst predicts that legal marijuana could soon become a bigger industry than soda, it says something.

One of the top marijuana analysts, Vivien Azer at Cowen, is also calling for total U.S. cannabis sales to hit $80 billion by 2030!

A survey from Yahoo News and Marist College, has additionally illustrated just how mainstream marijuana has become. Nearly 55 million adults currently use the drug. Let’s face it, we are in a MARIJUANA REVOLUTION!

Over the years, research has yielded results that indicate marijuana may be beneficial in the treatment of many conditions including chronic pain, drug addiction, anxiety, PTSD, neurological disorders, and cancer.

Technical Analysis

As we mentioned above, SKDI is one of the most attractive bottom'd out bounce opportunities we've seen all year.

Shares of SKDI seem to have leveled off at today's alert price, and appear to have nowhere to go but up.

With its RSI trending into oversold territory, now may be the perfect time to start building a position.
SKDI is no stranger to huge single-day run-ups...

When SKDI's acquisition news hit the wire back on November 7th, shares ran up from $0.03 to $0.16 for gains of up to +433%!

With shares now back around $0.02, those who act early could be setting themselves up for some serious gains should SKDI rally hard once again.
The Bottom Line

SKDI is a true buy-low/sell-high opportunity.

This month's past +433% single-day run-up is proof of SKDI's breakout potential.

Those looking for a highly attractive bottom'd chart bounce opportunity should add SKDI to the top of their watchlist immediately.

(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)

Past performance is not an indicator of future returns. The publishers of this report are not investment advisors and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. The publishers of this report have received compensation from a third party of USD $10,000 cash for a 2-day marketing contract for SKDI . Never make investment decisions based on anything the publisher of this report says. This message is meant for informational and educational purposes only and does not provide investment advice.
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