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Weed Inc’s (OTCMKTS:BUDZ) Performance Is Getting Higher

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Weed Inc (OTCMKTS:BUDZ) has for a long time been enjoying the momentous highs for the past few months. The company’s share price jumped up from the mere $1 in September last year to its current price of $6.66. Weed’s performance on the market has marvelously increased in valuation in the industry.

The 400% surge in share price is generally driven by various fundamental in the business environment. But Weed can be viewed from a different angle. The company is highly sensitive to the market dynamics and hence it constantly beat the market at the right moment when the market is growing upwards. The rapid growth for Weed is in line with what is being felt in the entire marijuana space as many companies grow their astronomical annual compounded figures.

Since Weed was founded in 1999, it has been serving as the most experienced miners of precious metals across the US. But in 2015, the company focused on one vision: the federal legalization of cannabis in the US. The company’s Motto is: ‘All FIFTY States in FIFTY months’, which means that the company would not tire until all the fifty states in the US legalize marijuana by 2020.

As a result, Weed can venture into any of the fifty states in the country and reap all the benefits derived from the larger market share. Furthermore, the company prides itself as being the pioneer in the marijuana industry and hence, the key driver in eliminating the sale of illegal cannabis through undefined channels.

The company believes that once marijuana is legalized, the innocent people would not fall victims of the persons that are only interested in gaining high returns without considering the health of the end users of the marijuana products.

Weed has made significant leaps this year and have come up with an expansionary strategy, which include venturing globally especially in the Australian market by setting up Weed Australia Ltd to tap the growing Australian market and other regions across the world.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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