$GTEH Stock Currently Priced at Ideal Entry Point
GenTech Holdings Takes High Profile Position in the CBD Marketplace with Trendy, High Volume Cafés
GTEH GenTech, Inc. (USOTC: GTEH) has launched a dynamic new business model this year incorporating healthy CBD (Cannabidiol) product cafés in affluent, suburban locations. These trendy cafés are opening under a brand name of “The Healthy Leaf” with the first establishment now being prepared for opening in upscale Montclair, NJ. Regarding this location GenTech CEO David Lovatt said, “The town is home to a population in excess of forty thousand, with extremely strong median incomes, a perfect progressive cultural tone, and exceptional consumer foot traffic patterns.”
The great consumer interest that is developing in CBD based products for their soothing, stress relief and other health benefits is affording GTEH a very promising opportunity. Via The Healthy Leaf cafés GTEH can become one of the first companies to claim ownership of a lucrative niche to retail CBD offerings in a very sociable, public setting. The Healthy Leaf business model provides a pleasing atmosphere with live entertainment geared towards an outgoing clientele inclined to spend freely on CBD products they are finding increasingly inviting. These CBD infused selections include Chocolates, Artisan Coffees and Teas, Wellness Snack Bars, Premium Bottled Water, Premium Skin Creams and even High-End Pet Treats.
On July 17th GTEH also announced plans for the establishment of its second CBD-infusion café in Red Bank, NJ. The site in Red Bank is a vibrant tourist destination with a demographic that mirrors the company’s strategy of focusing on trendy, progressive, and affluent areas with high regional foot traffic. Management notes that its own due diligence on Red Bank left the company with a strong impression of a wealthy suburban haven for progressive professionals supported by 21st century industries along with a strong regional and interstate tourism dynamic. The upshot is robust foot traffic and consumer patterns that line up extremely well with the company’s core strategy. GenTech plans to stage a grand opening for the Red Bank café in Q4 of 2019.
The CBD market is one of the fastest growing consumer product markets on the planet today, with some analysts projecting as much as 20X growth over the next 36 months. There is tremendous revenue generation opportunity in the emerging hemp based/CBD product sector. According to “www.votehemp.com," the 2017 market for hemp was buoyant with 13% of the $820 million US market being made up of Consumer textiles, CBD making up 23% of that market and Food being 17%. They project that CBD oil derived products will exceed $646 million by 2022.
The timing for investors in GTEH looks ideal right now with the stock currently priced near its consolidation base. First entry or accumulation investors have a window here to build a respectable GTEH position before the big demand for shares sets in. As we have seen all over the markets this year, hemp based businesses are rapidly evolving to seize the major opportunity granted by legislative changes allowing the production and retail sales of CBD infused products. The GETH business plan, centered around the company’s emerging cafés under “The Healthy Leaf” brand, offers a great chance to reap long term benefits with an attractive entry point at this early stage.
Be sure to check out the newly launched GenTech Corporate website at www.gentechholdings.com. The corporate site presents a comprehensive tour of the GTEH vision as a lifestyle brand in the rapidly growing CBD space, offering unique products and experiences delivered through both physical locations and an online marketplace. The company’s new e-commerce platform will allow customers to purchase products from home, work or on the go to optimize sales and revenues in the shortest time frame and enhance GTEH shareholder value to its fullest.
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