On Tuesday, Now Corporation (OTCMKTS:NWPN) was in the news after it made a major new announcement. It is a biopharmaceutical research company involved in research into scientific grade CBD and THC.
Market Action
On Tuesday, NWPN stock decreased 25% to $0.0003 with 3 million shares, compared to its average volume 18.38 million shares. The stock moved within a range of $0.0003 – 0.0003 after opening trade at $0.0003.
The Now Corporation (OTC:NWPN) Acquires A 40% Equity Stake In CJB Uphill Marketings And Holdings LLC, Manufacturer Of A CBD-Based Tattoo Lotion For All Stages Of Tattoos
Yesterday, the company announced that it had been successful in picking up a 40% stake in the firm CBJ Uphill Marketings And Holdings LLC. CBJ Uphill is a company that is based out of California and is best known for manufacturing a CBD based tattoo lotion that is supposed to help with all stages of tattoos. The lotion that is manufactured by the company is supposed to be placed on tattoos after the inking process is completed.
Once the lotion is applied it helps with faster healing and pain relief. It is perhaps important to point out in this regards that the lotion in question is completely natural and does not contain any chemicals that could be deemed harmful.
In addition to that, the lotion does not contain any materials that could fade the tattoo or harm it in any way whatsoever. As it happens, the lotion in fact helps in further enhancing the colour of the tattoos and makes them look even more vibrant.
Technical Data
NWPN stock is trading below the 20-Day and 50-Day Moving averages of $0.0003 and $0.0004 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0006.
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