Several Upcoming Catalysts Could Catapult Cann American Corp. (OTC: CNNA) Shares Higher

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    The Cannabis sector has shown exciting promise in terms of opportunities for investors looking to the space, significant investments, improved distribution and refined marketing strategies mean theses public cannabis companies are only just starting to sprout. Cannabis stock investors are looking for the industry to deliver improvement this year.

    High-flying and volatile cannabis stocks have caught the attention of both the Main street and Wall Street this year.For investors ready to jump on the hemp CBD bandwagon, Cann American Corp. (OTC: CNNA) is a great sub penny stock to consider buying at these levels.

    The Company recently announced Seed Fund LLC as a wholly owned subsidiary. In addition to the company’s R&D division under Cannequipt, Seed Fund, or simply, Seed, will act as an incubator and funding vehicle to help advance early stage and operating companies that Cann Am believes have strong growth potential to become solid revenue generators in the cannabis and hemp industries.

    Similar in the way tech accelerators and incubators have operated for many years, Seed intends to make investment commitments in up to five companies annually, seeking small equity stakes in each company. The fund will help each company advance their branding, vision and business models with the intention that if we hedge our bets across several companies, operating in various arms of the industry, the company can increase its odds of landing a few that might be overwhelmingly successful.

    The company is currently reviewing two candidates already. One is a unique infused beverage company near Woodland California that is already operating and preparing to scale up significantly. The other is a retail concept in one of the best sections of Oakland California, where the 2600 sq. ft. storefront has already been retained.

    Additionally, if or when the Seed Fund makes an investment in the Oakland retail project, it has already been agreed that the location may also serve as a secondary office to Cann American Corp. Thus allowing the company to begin expanding its presence in the California Bay Area. This has been a strategic objective for some time. The company will continue to provide additional updates as this and other pending events progress.

    CNNA is trading at a discount compared to other players. And several upcoming catalysts could catapult shares higher.

    In our view, a bounce is all but guaranteed. Use this to your advantage to make some money back. Right now, all of the fear and negativity is priced in. That means, in the short-term, Cann American Corp. (OTC: CNNA) have nowhere to go but up.

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