PHBI Volume Alert - Proprietary Tissue Culture Is Future Of Commercial Cannabis Industry
November 09 2021 - 2:44PM
InvestorsHub NewsWire
November 9, 2021 -- InvestorsHub NewsWire -- via pennymillions
-- Pharmagreen Biotech, Inc. (PHBI)
trading volume has more than double since the original Breakout
Alert earlier today – see original Breakout Alert below.
PHBI’s proprietary tissue culture has massive industry potential as
regulations for legal cannabis cultivation expand and evolve
requiring higher and higher standards for clean plants with
consistent genetic strains, not to mention maintaining consistent
competitive quality differentiation.
From Plant Cell Technology – The Future Of Cannabis Cloning –
Tissue Culture:
“Researchers are making monumental advancements in cannabis
studies and research. One significant area is the cultivation
of cannabis. In order for cannabis to be cultivated on a commercial
level, there are a plethora of parameters to observe - and that
doesn’t even include the legal parameters, which are different for
each state. Commercial cannabis should be free of harmful compounds
and chemicals and oftentimes require specific genetics. Tissue
culture offers growers the chance to cultivate high yielding,
quality, and gene-specific, uniform plants.” (Learn
More)
Original Alert:
PHBI On Verge Of Tech Breakout
– Potential Triple From $0.027
Pharmagreen Biotech, Inc. (PHBI) is on the verge of becoming the
next big name in the cannabis sector. The company has
proprietary tissue culture technology it is applying to the
cannabis sector to provide best in class marijuana and hemp plants
to growers looking for consistent genetic quality.
The company is investing in its public platform in addition to its
proprietary technology founded operation. PHBI just announced
its OTCBB
application.
PHBI’s presence in the cannabis sector is growing and the company
is on the verge of a technical breakout. The PPS is hovering
just around its $0.027 200 day moving average (MA) already above
its 50 day moving average and the recent trading has just produced
an MACD cross. Volume is building.
The 52-week high is $0.09 with under 300 million shares in the
float. News could trigger momentum that drives the PPS from
the current $0.027 back to $0.09 for a 3 X ROI.
Source - https://www.pennymillions.com/blog/phbi-on-verge-of-tech-breakout-potential-triple-from-0027
Other stocks on the move include TONR,
PUGE,
and HYSR.
Source - pennymillions
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