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Black Bird Biotech Inc (OTCMKTS: BBBT) Under Accumulation & On the Move Northbound as Company Signs Brand Awareness Deal for MiteXstream

Black Bird Biotech Inc (OTCMKTS: BBBT) is rocketing up the charts in the subs since reversing off $0.0015 lows earlier this week. The stock is currently…

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Black Bird Biotech Inc (OTCMKTS: BBBT) is rocketing up the charts in the subs since reversing off $0.0015 lows earlier this week. The stock is currently under accumulation and moving up quickly gaining over 80% on Wednesday on about $125,000 dollar volume. 

On Wednesday BBBT announced it has hired XCPCNL Business Services Corporation, a venture development business that leverages knowledge, skill, and experience to bring products to target markets, including within the Cannabis Industry, to provide brand awareness and direct sales expertise for MiteXstreamTM specifically as it relates to B2B sales within the Cannabis Industry. 

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Black Bird Biotech Inc (OTCMKTS: BBBT) is positioned to exploit market segments with powerful, re-imagined biotech products. Its EPA-registered biopesticide, MiteXstreamTM, eradicates mites and similar pests, including spider mites (a lethal pest in cannabis, grapes, hops, coffee, strawberries and many other agricultural crops), and eliminates molds and mildews. MiteXstreamTM is a pesticide, but it is not a poison – it’s a pesticide re-imagined. The MiteXstreamTM Edges: it is HONEY BEE SAFE and it can be used through the day of harvest without concern for residual “pesticide” violations, including as it pertains to state cannabis testing. MiteXstreamTM is the foundational element of the company that carries vast potential worldwide as a highly effective, safe and extremely cost-effective replacement for many traditional “poisonous” pesticides. 

Earlier this year the Company began testing its MiteXstreamTM biopesticide for its demonstrated capacity (1) to assist plants in nutrient absorption or (2) to act as a plant nutrient in tandem with its biopesticide capacity. The testing will determine whether the Company will be in a position to promote MiteXstreamTM as having a value proposition that, all at once, delivers high efficacy as a biopesticide and demonstrably greater plant production properties. According to Precedence Research, the global fertilizer market size was estimated at US$ 201.1 billion in 2021 and is projected to be worth around US$ 271.6 billion by 2030, growing at a CAGR of 3.4% from 2022 to 2030. 

MiteXstream. BB Potentials is the exclusive worldwide manufacturer and distributor of MiteXstream, an EPA-registered plant-based biopesticide effective in the eradication of mites and similar pests, including spider mites, a pest that destroys crops, especially cannabis, hops, coffee, and house plants, as well as molds and mildew. 

CBD and Other Products. Through BB Potentials, BBBT manufactures and sell CBD products, including CBD Oils, gummies and pet treats, and CBD-infused personal care products, under the Grizzly Creek Naturals brand name. Big Sky American currently distributes an array of consumer products, including the Grizzly Creek Naturals products, to retail locations in Western Montana. 

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In March 2022, the Company launched the first major initiative in marketing its MiteXstream biopesticide on a national basis, when it entered into a consulting agreement with Spire+, a Cornelius, North Carolina-based leading sales and marketing agency that specializes in brand building, marketing, communications and business development. Spire+ has begun work to implement a comprehensive go-to-market strategy for MiteXstream, including e-commerce, traditional retail and a category-specific distribution model. Spire+, an affiliate of Spire Sports + Entertainment, LLC, has a long history of building and executing successful sales and marketing programs for brands, such as Toyota, 5-hour ENERGY, Auto-Owners Insurance, ENEOS Motor Oil, Petro-Canada, STP and Parker Hannifin. 

On November 30 BBBT announced it has hired XCPCNL Business Services Corporation, a venture development business that leverages knowledge, skill, and experience to bring products to target markets, including within the Cannabis Industry, to provide brand awareness and direct sales expertise for MiteXstreamTM specifically as it relates to B2B sales within the Cannabis Industry. 

Fabian Deneault, President of BBBT stated: “MJBizCon 2022 showed that the Cannabis Industry is ready like never before for MiteXstreamTM and we are excited to bring in the XCPCNL team to provide focused, brand-awareness expertise and a bridge to their sphere of influence in the grow segment of the Cannabis Industry. We believe XCPL’s array of capabilities will allow us to provide excellent support to the distributors that we expect will be coming online in the near term.” 

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Currently trading at a sub $1 million market valuation BBBT OS is 250,904,667 with about 150 million shares in the float. The Company has a decent balance sheet with low debt of about $800,000 in liabilities. BBBT is an exciting story in small caps currently moving up steadily as the stock is under heavy accumulation by a fast-growing shareholder base. BBBT was trading in the $0.02 range this time last year and the OS has actually decreased by 45 million shares from a year ago.  We will be updating on BBBT when more details emerge so make sure you are subscribed to Microcapdaily.

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Disclosure: we hold no position in  BBBT either long or short and we have not been compensated for this article

The post Black Bird Biotech Inc (OTCMKTS: BBBT) Under Accumulation & On the Move Northbound as Company Signs Brand Awareness Deal for MiteXstream first appeared on Micro Cap Daily.

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