Welcome back everyone. So in this video I bring you one top penny stock
in the cannabis beverage sector, which we haven’t covered on the channel
before. The sector is tipped to have lots of potential so it is certainly
one to keep on your radar. And this stock in particular has got some stellar plans for 2022
and so you want to make sure you watch the video till the end so you don’t miss out on
their CEO sharing insights on their competitive advantage which could drive their share price up.
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With that said, let’s talk about Molecule Holdings (OTC:EVRRF, CSE:MLML) which is now
sitting at 2cents per share with a market cap of $5.6m. So a very very small cap but with
great potential if you believe in the long term potential of the recreational cannabis sector.
We can see that it has had some explosive moments in December but since given up most
of the those gains. So should the momentum pick up on this beverage sector, as we quickly begin
to emerge out of various versions of lockdowns from the pandemic, then Molecule could go a long
way. We call this stocks early in the discord, so there’s a link in the description to my private
discord, where we call this gems there early and you join a strong community to help you on your
investment journey. So please check out the link and see for yourself. Thank you so much!
Molecule works with client-partners to engage in the production of cannabis-infused beverages
and edibles. They provide the infrastructure, know-how, technology, and licensing for craft
producers to create consumable cannabis products. And Molecule's goal is to be the on-ramp for
companies, wishing to enter into the cannabis beverage and edibles market, but who choose not
to go through the significant process of obtaining the required cannabis licences.
And so they say they are uniquely beverage because they are Fully Integrated from Innovation and
Development through Manufacturing and Sales, to market intelligence
gathering and back to Innovation. • They are highly scaleable with
efficient high-speed manufacturing.
• They have a 6M can production capacity designed for increase over 20M/year with minimal capital.
• They have multiple streams of revenue including Molecule owned brands, and contract manufacturing.
And talking of brands they have four core brands. First off, Phresh which is the Cannabis Culture
Brand. Which is about creating products for the legacy consumers at affordable price points.
Next is Canajo, which is a coffee style beverage line, offering options to all coffee consumers
from the regular drive through style to the barista served latter style. Canajo
is focused on having an offering for the 71% of Canadians who enjoy coffee daily, in a convenient
can and cannabis infused as different potency for different consumers and for different occasions.
Next is Klon which is the ladies night of Cannabis drinks. It offers beverages that are
as fun to enjoy as they are to experience. And Klon here is filling the missing gap
of female friendly beverages to encourage more women to make the switch from alcohol.
And finally, Embody which is passionate about changing the conversation about wellness:
to think beyond what’s available and to look at what’s possible. Which all sound and look
exciting but before we go any further let’s hear from their CEO David Reingold on the
competitive advantage and their future plans which could be of interest to shareholders.
Some really exciting plans and outlook there. But here’s what get’s me excited about this company.
Their numbers and how ambitious the management team are where they forecasted break even at a
production volume of 165,000 cans per month, which is 1/2 of their single shift capacity by Q2, 2022,
which is an incredible outlook. And to put things into perspective, when you look at their financial
projections over the next few quarters, where they are forecasting to grow from over $600k revenues
in Q1,22 to over $3.7m of revenues for Q4,22, it just goes to give you an indication of the type
of growth they are looking at. And when you look at the year on year quarterly growth from Q4,21
to Q4,22, that’s a staggering 15X growth which is simply phenomenal if they can deliver that.
Saying that, we know that forecasts are one thing and delivering them are a totally different ball
game, so its worth watching out for the quarterly updates to see how molecule is delivering against
their plans. They say their growth is based on brand focus; already realized brand expansion;
recent national development; enhanced sales focus and overall increasing market. But nevertheless,
you have to give it up to their management team for such a bullish outlook and expectations
on their sales approach which is a Focused, national sales team meeting with buyers,
and consumers to listen, respond and promote Molecule beverages.
They have a strong management team with a wealth of brand building and beverage sector experience
led by their CEO David Reingold. David has 25 years of business brand building experience,
he is also the Founder and CEO of other companies including Central Roast Inc, My Organic Baby
and Naturalife. So a wealth of experience there to drive Molecule to greater heights.
Molecule also Announced a Corporate Rebranding and provided an update on PHRESH Sales in Ontario.
They said PHRESH continues to grow in popularity for Ontario consumers, as January sales achieved
#2 in unit sales to Ontario Cannabis Store (OCS) retail stores and attained the #1 spot in 10mg
sales for online sales through the OCS portal. In addition, Molecule has completed a corporate
rebranding, together with its four cornerstone brands: PHRESH, Klōn, Canajo, and Embody.
Their CEO David Reingold commented that, “It is very exciting to have PHRESH be a proven leader
in the Ontario beverage category. The overall year over year unit beverage sales have grown
substantially. They feel this is a combination of legacy consumers adding beverages to their baskets
and new consumers experiencing the category in a familiar way.”
Molecule also Announced a New Point of Distribution and provided an Update
on their British Columbia Launch. They said they had received a new purchase order
from Nunavut. And The 4 SKU order is currently in the final stages of being readied for shipment.
This purchase order contains a new PHRESH branded SKU
and marks the 3rd new point of distribution since December. They have also received a
replacement purchase order for all their SKUs recently listed in British Columbia. T
Their CEO commented that “They were very happy to see their products performing so well in British
Columbia and are excited with the additional points of distribution. And since December,
they have added 14 new in-market SKUs, 2 new brands, and 2 new flavours from existing brands.
They are starting to see some great momentum and will continue to focus on driving additional
volume through provincial expansion, the addition of new SKUs, and increased store penetration.”
So some tangible evidence of their sales activities to drive top line growth
so the quarterly updates are certainly going to be exciting
so consider having Molecule on your watchlist.
So some very very interesting and mindblowing prospects ahead for these penny stocks but only
consider getting in if the price is right for you and if you fully understand the risks. This
video is not financial advice, a buy or a sell recommendation, but is meant to bring some new
and exciting penny stocks to your attention for you to do your own research.. As always
I would love to hear from you, so please let me know your thoughts on these top penny stocks in
the comments section below and what other penny stocks are catching your eyes lately.
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Thank you so much for being here and I look forward to have you in my next video. Thank you