Can $etii Create a Monopoly on the CBD Market in Utah?
What is Enviro Technologies Looking Forward to?
DETROIT, November 16, 2018. (PENNYSTOCKS.NEWS) Enviro Technologies International Inc. (OTC:
ETII). The new cannabis sector is the most bullish industry trading in the markets. Looking at all the states that legalized medical marijuana, it is without a doubt that the cannabis sector will continue to boom. Although legalization of marijuana did not come easy in most states. In Utah for example, the vote to legalize marijuana came at 54%. A slight majority made the state legalize it. Even with the legalization in Utah, it is extremely hard to get a cannabis business started there. In most instances, the companies need to be grandfathered in. Which happens to be the case for Enviro Technologies International Inc. Enviro is one of a few, which is a CBD related company in the state of Utah. It was not a problem for them because they are generating sales across the entire United States not only Utah. Enviro already has two business related to CBD already CBD Health Co. and Phytolife Fitness. Both companies were acquired by Enviro earlier in the year. CBD Health Co. markets and sells top-notch hemp-based and natural CBD health products. While Phytolife markets fitness hemp-based products and health films. Hemp products are getting noticed because of their pain relief and are getting included in many different sports medicines.
Why is This Important?
Enviro Technologies has already reached the dollar per share 3 times this year. Currently, the company stock is trading at 40 cents. The potential for growth is enormous. With the current legalization and the major boom going on in the cannabis sector. Investors are looking for undervalued stocks in this industry daily. Enviro has the potential to become very big especially with the fact that they are grandfathered in at a state that makes it hard for their competition to open operations. This gives Enviro practically a monopoly in the state of Utah and the ability to grow easier.
What to Look Forward to:
Enviro is looking forward to expanding in the sports and health sector with the two new companies it acquired this year. The company is also looking at expanding sales in the state of Utah and across the United States. The future looks bright for Enviro growth with the fact that they are grandfathered in and with little to no competition. The company can look to improve their revenue and continue to grow without many troubles. Finally, the company is hoping to be trading over a dollar again soon and to stay above that mark. With the legalization of marijuana, it is no longer a dream but a clear possibility. Check out the closest indicator of the stock price below at the free level (2) two.
pennystocks.news/etii-can-enviro-technologies-create-a-monopoly-in-the-cannabis-industry-in-utah/?fbclid=IwAR2jNuDBa_5zjta6f7a4HDWR2W1c6i1B_IIHHWiotEBpxHJIKc5s6U-3vZI
DETROIT, November 16, 2018. (PENNYSTOCKS.NEWS) Enviro Technologies International Inc. (OTC:
ETII). The new cannabis sector is the most bullish industry trading in the markets. Looking at all the states that legalized medical marijuana, it is without a doubt that the cannabis sector will continue to boom. Although legalization of marijuana did not come easy in most states. In Utah for example, the vote to legalize marijuana came at 54%. A slight majority made the state legalize it. Even with the legalization in Utah, it is extremely hard to get a cannabis business started there. In most instances, the companies need to be grandfathered in. Which happens to be the case for Enviro Technologies International Inc. Enviro is one of a few, which is a CBD related company in the state of Utah. It was not a problem for them because they are generating sales across the entire United States not only Utah. Enviro already has two business related to CBD already CBD Health Co. and Phytolife Fitness. Both companies were acquired by Enviro earlier in the year. CBD Health Co. markets and sells top-notch hemp-based and natural CBD health products. While Phytolife markets fitness hemp-based products and health films. Hemp products are getting noticed because of their pain relief and are getting included in many different sports medicines.Why is This Important?
Enviro Technologies has already reached the dollar per share 3 times this year. Currently, the company stock is trading at 40 cents. The potential for growth is enormous. With the current legalization and the major boom going on in the cannabis sector. Investors are looking for undervalued stocks in this industry daily. Enviro has the potential to become very big especially with the fact that they are grandfathered in at a state that makes it hard for their competition to open operations. This gives Enviro practically a monopoly in the state of Utah and the ability to grow easier.
What to Look Forward to:
Enviro is looking forward to expanding in the sports and health sector with the two new companies it acquired this year. The company is also looking at expanding sales in the state of Utah and across the United States. The future looks bright for Enviro growth with the fact that they are grandfathered in and with little to no competition. The company can look to improve their revenue and continue to grow without many troubles. Finally, the company is hoping to be trading over a dollar again soon and to stay above that mark. With the legalization of marijuana, it is no longer a dream but a clear possibility. Check out the closest indicator of the stock price below at the free level (2) two.
pennystocks.news/etii-can-enviro-technologies-create-a-monopoly-in-the-cannabis-industry-in-utah/?fbclid=IwAR2jNuDBa_5zjta6f7a4HDWR2W1c6i1B_IIHHWiotEBpxHJIKc5s6U-3vZI
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