Stock to Watch: Diego Pellicer Worldwide Inc (DPWW)

Stock to Watch: Diego Pellicer Worldwide Inc (DPWW)

Traders are keeping a keen eye on shares of Diego Pellicer Worldwide Inc (DPWW). The Average Directional Index or ADX may prove to be an important tool for trading or investing. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. The ADX is often used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of the trend. Presently, the 14-day ADX for Diego Pellicer Worldwide Inc (DPWW) is resting at 31.78. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Diego Pellicer Worldwide Inc (DPWW)’s Williams Percent Range or 14 day Williams %R is resting at -58.57. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.

When performing stock analysis, investors and traders may opt to view technical levels. Diego Pellicer Worldwide Inc (DPWW) presently has a 14-day Commodity Channel Index (CCI) of -59.57. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory.

Checking in on moving averages, the 200-day is at 0.65, the 50-day is 0.38, and the 7-day is sitting at 0.29. Moving averages may be used by investors and traders to shed some light on trading patterns for a specific stock. Moving averages can be used to help smooth information in order to provide a clearer picture of what is going on with the stock. Technical stock analysts may use a combination of different time periods in order to figure out the history of the equity and where it may be headed in the future. MA’s can be calculated for any time period, but two very popular time frames are the 50-day and 200-day moving averages.

Shifting gears to the Relative Strength Index, the 14-day RSI is currently sitting at 45.97, the 7-day is 46.83, and the 3-day is currently at 52. The Relative Strength Index (RSI) is a highly popular momentum indicator used for technical analysis. The RSI can help display whether the bulls or the bears are currently strongest in the market. The RSI may be used to help spot points of reversals more accurately. The RSI was developed by J. Welles Wilder. As a general rule, an RSI reading over 70 would signal overbought conditions. A reading under 30 would indicate oversold conditions. As always, the values may need to be adjusted based on the specific stock and market. RSI can also be a valuable tool for trying to spot larger market turns.

Original Story

Diego Pellicer Worldwide Announces Business Update

Press Release: Diego Pellicer Worldwide Inc.

Nov 15, 2016, 09:29 ET

DENVER, Nov. 15, 2016 /PRNewswire/ — Diego Pellicer Worldwide, a real estate and consumer retail development company that is focused on developing the world’s first “premium” cannabis brand, today announced an update on the Company’s operations through the third quarter of 2016.

2016 Operational Update

Branded tenant Diego Pellicer Washington opened the 3,600 square foot freestanding flagship store in Seattle on October 16, 2016. The store has secured one recreational cannabis store license. The store is seeing week over week sales increases that average between 100-150%.
Diego Pellicer’s Colorado tenants have opened two cultivation facilities in Denver in 2016, Elizabeth Street and Jason Street.

The 18,500 square foot Elizabeth St Cultivation Facility has secured a total of six state cannabis licenses: two medical marijuana cultivation licenses, two recreational marijuana cultivation licenses, one infused medical products manufacturer license (Medical Processor License for edibles and concentrates), one infused recreational products manufacturer license (Recreational Processor License for edibles and concentrates). Wholesale recreational sales commenced in August of 2016 and the facility is anticipating its seventh harvest take down in December 2016.
The 13,000 square foot Jason St Cultivation Facility has secured two cannabis licenses: one medical marijuana cultivation license and one recreational marijuana cultivation license. Medical wholesale sales commenced in March 2016 and the facility will continue perpetual harvest take downs through December 2016.
Diego Pellicer’s Colorado tenant has also completed construction on its 3,300 square foot freestanding flagship retail store on West Alameda Avenue in Denver. The store has secured two cannabis licenses: one medical marijuana center license and one retail marijuana store license. Final inspections and licenses were issued on November 7th and the store is scheduled to open in December 2016.
Diego Pellicer Worldwide launched online retail accessory sales on October 16th.
Ron Throgmartin, CEO of Diego Pellicer Worldwide, stated, “2016 has turned out to be the watershed moment the cannabis industry and Diego Pellicer were hoping for. Following the elections last week, we were very pleased to see the impressive turnout and results across the country as citizens voted yes to legalize recreational cannabis in four states including California and Nevada with medical cannabis becoming legalized in three additional states, including Florida. These election results have allowed us to expand upon our growth strategy and move into larger target markets outside of Colorado and Washington as we aim to increase our market share and drive shareholder value.”

Throgmartin concluded, “We continue to see increasing sales figures across the board with our flagship Seattle store averaging 100-150% increases in weekly sales volume. Our tenant’s cultivation facilities in Denver are seeing increased wholesale results and we anticipate the flagship store in Denver to open in December 2016. Also, we are anticipating to be cash flow positive in the first quarter of 2017.”

The full third quarter 2016 report for Diego Pellicer will be available on the SEC website at https://www.sec.gov/.

Safe Harbor Statement
Certain statements contained in this press release may be construed as “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). The words “estimate,” “project,” “intends,” “expects,” “anticipates,” “believes” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the “safe-harbor” provisions of the Act. These statements are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue, our ability to develop new products and evolve existing ones, the impact on our business of the recent financial crisis in the global capital markets and negative global economic trends, our ability to attract and retain key personnel. For a more complete description of these and other risk factors that may affect the future performance of Diego Pellicer review its filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.

Investor Contacts:
Todd Fromer

KCSA Strategic Communications

tfromer@kcsa.com

Original Press Release

Diego Pellicer DPWW Tenant Passes Final Inspection for Retail Sales

Published on Sep 21, 2016
Diego Pellicer Washington to sell high-end cannabis products and accessories
SEATTLE, Sept. 21, 2016 /PRNewswire/ — Diego Pellicer Worldwide, Inc. (“Diego Pellicer” or the “Company”) (OTCQB:DPWW), a real estate and consumer retail development company that is focused on developing Diego Pellicer as the world’s first “premium” cannabis brand, today announces its first Flagship Store tenant, Diego Pellicer Washington, has passed its final inspection for retail marijuana sales and will commence operations in the fourth quarter of 2016.
The Company’s flagship store will feature high-end cannabis product and accessories that include flower, waxes and edibles as well as state of the art ancillary products such as glassware, vaporizers, grinders and torches. The 3,000 square foot space is equipped with best of breed technology providing consumers with the ultimate cannabis sales experience.
Ron Throgmartin, CEO of Diego Worldwide, stated, “Diego Pellicer Worldwide is committed to delivering customers a unique and world class experience through our branded tenant’s high-end stores. With the inspection now complete, we are eager to provide individuals with a one-stop premier cannabis shopping destination and we are confident consumers will agree as they visit the Diego Pellicer Washington flagship store.”

Original Link: https://www.youtube.com/watch?v=eaqxJzQ_1GQ&feature=youtu.be

The New Billion Dollar Industry: Inside Diego Pellicer (OTCQB: DPWW)

Published on Jul 6, 2016
Diego Pellicer Worldwide Inc. (@OTCQB: $DPWW) is a real estate and a consumer retail development company that is focused on developing Diego Pellicer as the world’s first “premium” marijuana brand by adhering to the highest quality and standards for its facilities along with both cannabis and non-cannabis products. The company’s initial focus is to acquire and develop legally compliant real estate locations for the purposes of leasing them to state licensed companies in the cannabis industry. Diego does not grow or sell marijuana or marijuana infused products in the early stages of the plan.

Original Link: https://youtu.be/JFRnZTFR2fk

Alan Valdes Joins Diego Pellicer Worldwide, Inc. Board

Diego Pellicer Worldwide, Inc. is honored to announce today that Alan David Valdes, the Director of Floor trading for DME Securities at the New York Stock Exchange has joined the board of the company as Chairman of the Board. Mr. Valdes is a 35-year member of the NYSE, has often rang the closing bell for the NYSE, and is one of the most sought-after expert trading commentators in the world, typically reaching an estimated 300 million people in the world weekly.

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