I like the addition of this Murray Jensen guy. Looks like they are getting serious about clinical work.

Thanks

Hi Ash. Was wondering what you thought of the granted patents. From what I can see it covers a pretty significant portion of the market? All liquid mixes of most of the major cannabinoids. I know vape pens alone are close to 25% of total sales for many dispensaries.

What I see is them stacking talent. Reminds me of my fantasy team:)

What kind of deal? Great volume today

Thanks for posting that. Can't seem to get links posted from my phone

Agreed.

From my read this cover all aqueous solutions with THC,CBD,CBN, and their acid forms. So Vape pens, tinctures , and liquid capsules. Even the CBD waters I'm starting to see would appear to be covered here. That's a significant portion of the entire mmj and hemp CBD market. Can you say Royalties!

PATENT GRANTED !!!!. Put to rest the PND talk. If you were just granted one of the more ground breaking patents yet in the cannabis space I think anyone with real knowledge would have to agree

I guess Dr. Reynolds who discovered stem cells in the mammalian brain is fake. University of Florida is fake
Nothing to see here. Move along

This has to be a Pump and dump right?

37k is actually a very good commitment fee as negotiated by the company as I can tell on 10MM $. Most of these guys would want 5-10% commitment fee in this type of financing. Great move CNAB

Actually that's not true. Warrants are not issued on S1 financings. They are sometimes issues with private placements ( individual or angel investor ).
If you look at the financings CNAB has taken the only one other than the contemplated S1 that wasn't toxic were the 2 notes from sailante(sp). Now a super toxic note would have the conv I mentioned in my last post and warrant coverage . That's when it gets really ugly.

Once again. S1 is not considered toxic financing. A convertible note is toxic because the lender can convert some of the note and sell quickly. This drives the stock price down and gives them a lower conversion price on the next conversion. Hence the term death spiral. These notes usually carry between 30-45% discount to market which gives the lender plenty of room to drive the price down while staying "in the money" on the sales. Example. 100k note. 1$ starting share price. Lender converts 20k at a 45%discount and receives shares for .55$ Approx 36000 shares. Let's say they drive the price down to .75 ( they usually go off lowest trade). Now they convert another 20000$. This time the same dollar amount conversion takes 60000 shares and again and again.... that's toxic debt.
S1 financing is different. It is a registered offering of free trading shares. Because they are free trading , the lender has less risk and can give a better deal to the companie. The company chooses when to take the cash ( toxic is 144 stock becoming aged after 6 months) Usually between a 15-25% discount. Also the entire put ( ask) is covered in stock all at once. The lender can still sell quickly but they don't have the same discount. Therefore they can't drive the price as low and stay "in the money".

This type of financing is not considered toxic as the company controls the puts and takes. The financings that CNAB has previously done ( convertible notes) are certainly toxic

Heard a radio interview with the CEO. Dr Reynolds holds 16 of the 17 gateway patents into the study of stem cells in the human brain. Total badass. Great move CNAB!!

Just no sellers. MM won't let it run.

Yes it was in a press release. Not sure the date. Sometime in September or October

As previously stated and put out in a press release. The insiders decided to self fund the company instead of taking on more convertible debt. In my opinion much better in the long run.

Formed a hammer. Watch out Monday!!!

I saw that. 50k share road block

It is if they are expanding. Which from the multitude of releases it certainly sounds like they are

they are funding company 100th time

Please name a few then

I have a guy that does MJ trades. Let me know if you need help I'll send my email

CNAB just refuses to die

Why can't you trade in cnab if you don't mind me asking.

Big day today.

Me too. Looking at .20$ but waited to get in.

They have a lab inside harborside. Do you disagree

For being one of the first on this board to disagree ( and rightfully so) with your grim opinions.

Inside the largest dispensary inside the largest Mmj market on the planet ?? that's about to go full recreational. Not sure what's not to like.

weeeeeeee. I'm up huuuuuge!!!!! Thanks sleekscape !!!!!!!

That's your opinion. Illegal markets get no protections. And they were illegal. Terpene modulation was not around and is the most interesting aspect of the patent. The parents are in accepted status so there is that.

I think someone is a little upset that they just found this.

I've also read the patent(s). Cannabinoids and terpenes mixed with any MTC ( medium chain triglyceride ) think coconut oil. Which is what the majority of the other companies are using. Also terpenes ( which they are at the forefront of) as a dillutant for vaporization. This is also industry standard as people try and get away from PG and VG. To think they had that kind of vision when they filed the patent years ago is pretty telling in my opinion.

Now that's funny. Please explain as I've been to Harborside and seen the product on the shelf.

Just looked. That's not the Prana line

I looked into this in their public filings. 1st. The release which announced their "partnership" was put out by Re medical not by CNAB. 2nd. It has not been mentioned as an ongoing concern in any of their 10Q (quarterly) or
10k (yearly) filings. Old news.

was just about to post this. Go CNAB