NIA's Koios Beverage (KBEV) gained $0.10 or 23.26% to $0.53 per share today on HUGE volume of 2,230,967 shares! We believe KBEV is getting ready to explode past its September 5th high of $0.62 per share.
Bloomberg has been reporting on rumors in recent days that Coca-Cola (KO) is getting ready to enter the CBD-infused beverage space. According to Bloomberg, KO is considering an investment in Aurora Cannabis (TSX: ACB), which has gained 29% over the last two days on the news.
ACB's market cap is now $10.5 BILLION! KBEV only has 50 million shares outstanding for an extremely low market cap at $0.53 per share of $26.5 million. KBEV could become a takeover target in the near-future. The company already has an established line of nootropic beverages that are sold across 2,000 stores in the United States.
KBEV's Cannavated line of CBD-infused nootropic beverages will be launching next month. The upcoming launch of Cannavated combined with Canada's October 17th legalization of cannabis and KO's rumored entry into the CBD-infused beverage space, could make KBEV one of the market's largest percentage gainers over the next 30 days!
Past performance is not an indicator of future returns. NIA is not an investment advisor 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. NIA has received compensation from KBEV of $80,000 cash for a 90-day investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.