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Lol vf* and company....that's for beer money.
If it's for more than that please tell me, be happy to learn.
Wanna bet?
$$$ PUFXF $$$$$
Yea, that's what they said in the .40's. Now it's 20% down from there. Once again, way too much emotion. I do technical analysis, nothing else. No emotions, just numbers. We are descending and the trend has not reversed yet. Until it does I am on the sidelines.
Ha ha ha....this is as cheap as it'll get.
$$$ PUFXF $$$
Im hoping we have a floor at .38 we will see. I hope this recent pr on Friday will boost it
I don't think they will get any cheaper. 3-4 months will be here quick. There has also been a lot of PRs as they expand their reach and prepare for sales. Definitely a hold at this point.
"We continue to work aggressively to prepare the first 350,000 square feet of flowering area for the final Health Canada submission"
We have quite a wait on our hands. This will take months. I estimate 3 - 4 months minimum which puts us around September. Health Canada moves at a snails pace and they haven't even done final inspection, which it takes months after that anyways. Sometimes there are also a few "final inspections"
Staying in cash. I will get my cheap shares.
Launching one of the largest and most efficient cannabis facilities on the planet.
PRESS RELEASE VIA AGRAFLORA
It was almost three years ago when Derek Ivany became the president and CEO of AgraFlora Organics and laid out a business plan to become one of the top cannabis producers in Canada. He recognized the immediate opportunity for medical cannabis and the long-term opportunity for the legalization of the substance in Canada.
The process to be granted a medical cannabis cultivation license was challenging and took some time, but shortly after the Canada government legalized cannabis for recreational purposes in 2018, AgraFlora became an official licensed producer – a significant accomplishment for the management team and the Company.
During the application process, the Company was very busy scouring Canada and the rest of the globe for potential opportunities in the cannabis space to create value for shareholders and to meet the goal becoming a top producer. This led to opportunities like Cannvas MedTech(CSE: MTEC) and Natures Hemp - two companies created by spinning out certain assets from AgraFlora to establish separate operating entities.
The search for opportunities and partnerships also led to a fateful meeting with Casey Houweling of the Houwelings Group. Almost immediately both parties recognized the absolute potential of combining the science of large-scale growing expertise of the Houwelings Group, with the cannabis and capital market knowledge and experience of AgraFlora, to ultimately form the joint venture company Propagation Services Canada.
Propagation Services Canada brings together the experience and know-how to convert and operate an existing 2,200,000 square foot tomato greenhouse complex in Delta, BC into a large-scale cannabis cultivation operation.
When complete the Delta Greenhouse Complex will be one of the most efficient greenhouses in the country with advanced technology operating HVAC, water and lighting, its own natural gas co-gen energy plant and a prime location in Delta, BC.
The Houwelings Group has been growing tomatoes in large-scale greenhouses for decades and with over 200 employees they are very excited to team up with AgraFlora to produce high-quality cannabis.
We are working aggressively to prepare the first of three phases of the greenhouse for 250,000 square feet of cannabis flowering and propagation plants expected in the summer of 2019. The conversion is expected to be completed in 2020 and with 2.1 million square feet of growing space will have an annual capacity of approximately 250,000 kilograms of cannabis.
Looking into the future you can expect AgraFlora Organics to continue to create shareholder value through the completion and operation of the Delta Greenhouse Complex and continuing the search for additional opportunities on a domestic and international basis.
Tictoc "AgraFlora became officially licensed producer in 2018."... https://www.agraflora.com/ Scroll down to the written area and you will see it. https://www.agraflora.com/
I'll check it out next week. Good luck Hippi bud, peace out man and have a nice weekend
Means nothing until they receive the license and get the ball rolling. I am still in cash waiting for cheap shares. I do not let my money sit idle, like the stock price has been here. I put it into other companies like Hexo, Medmen, VGWCF, VFF, CVSI. I'm skimming profits from there to put into Agra when I like the price. Going in hard, maybe a 100k shares. I'm hoping for a global fake news crisis to seal the deal so Hippie can get his cheapies.
PUFXF Check this out! https://www.agraflora.com/ Absolutely massive!! CNSX: AGRA
Click where it says: WATCH THE FULL VIDEO HERE
.
Does anyone know exactly why this benefits us? Saw this on another board
Staying in cash. I see good sector opportunities coming over in the next 4 months, then heading into Fall.
They’re pressing forward with their plans. Just a little matter of time and the fruits of their progress will be here before you know it.
Tracker7 thats a lot of shares my friend. Thats how you make real money.
So when do they start selling?
May will be fantastic!
$$$ PUFXF $$$
Holding 25,000 shares going to add 20,000 more
Also news of the start and completion of the next construction phase. 2.2 million square feet total by end of 2020. That’s equal to 50 acres of plants.
No doubt. The news of the first phase of the project completion, will bring news of the start of the planting and harvest times.
The completion should move this stock passed 1.00 quickly. IMO
About a dozen PUFXF press releases since beginning of the year. I imagine quite a bit more as we get closer to the first phase being completed.
First phase to be completed by end of June. Only 2 months away.
Was the deep dive article done on the 21st earlier in April?
Hmm that sounds like a good write up.
Is that PR dated 04/18/19 or is it an old reposted one?
If it's current, perhaps the stock will take off on Monday.
Cultivation licenses is PUF Ventures Inc.
PUF Ventures Inc. (CNSX: PUF) (FSE: PU3) (OTC PINK: PUFXF)
Through their majority-owned subsidiary AAA Heidelberg Inc., PUF Ventures Inc. has recently secured an ACMPR cannabis cultivation license from Health Canada, giving them the green light to start cannabis cultivation operations in their state of the art growing facility located in London, Ontario.
This license, however, does more than just give PUF the opportunity to commence cultivation at their London facility. It is generally believed that organizations already in possession of an ACMPR license undergo a potentially abridged process when securing additional licenses for the purposes of expansion. Aiming to take advantage of this potentially abridged process, PUF has already positioned itself with an opportunity that requires a second license.
Last month PUF announced that they had entered into an equity participation and earn-in agreement with Delta Organic Cannabis Corp. ("DOCC") with the intent of developing and retrofitting 2.2 million square feet of existing greenhouse space in Delta, BC. The agreement allows up to a $40 million investment from DOCC and, in a vote of confidence signalling that the deal would be moving forward, on October 17th DOCC advanced their first tranche of financing, transferring $12.5 million at a deemed price of $2.24 per share of PUF.
This puts PUF in a unique position whereby, once the Delta facility is ready, they can apply for a second, potentially fast-tracked, license while already having the framework and real estate needed to begin further cultivation in a large scale facility.
PUF Ventures Inc. CEO Derek Ivany had the following to say after receiving news that the company had acquired a cultivation license.
“This is a very proud day for our Company and our loyal supporters alike," said Derek Ivany, President and CEO of PUF Ventures Inc. "Receiving a cultivation license from Health Canada is a significant achievement which positions PUF to become a leading cannabis supplier to legal medical and recreational markets, in Canada and around the world. As a partner of Canopy Growth Corporation's CraftGrow program, the Company looks forward to collaborating with CraftGrow to supply the marketplace with high-quality cannabis. As we embark on this exciting next phase of growth, we are eager to expand our reach in both domestic and international cannabis markets."
Beyond the growth potential associated with PUF's acquisition of an ACMPR license, the company also has a diversified set of niche market opportunities which they've incubated over the last three years. In 2017, PUF purchased a sizeable ownership stake in an Australian cannabis operation that is planning 1.2 million square feet of greenhouse space, and more recently they've initiated spin-outs of two cannabis-related companies, Cannvas Medtech (CSE: MTEC) and Nature's Hemp, allowing their shareholders to extract considerable extra value from their initial stakes in the company.
Potentially Abridged Licensing Process
Although it is not written into the rules governing the ACMPR licensing process, events over the past several years have suggested that companies already in possession of an ACMPR license are given some level of priority when applying for expansion licenses. One of the best examples of this are the licenses that have been acquired by Aurora Cannabis Enterprises Inc. Aurora has so far obtained four ACMPR cannabis cultivation licenses from Health Canada and their last three licenses have been secured within just a two-year time frame. Many would believe that to be fast considering that some companies wait upwards of three years just to receive their first license. Another example of this potentially abridged licensing process comes from Canopy Growth Corp.'s BC Tweed Joint Venture Inc. BC Tweed Joint Venture received their first ACMPR license in February of 2018 and was granted a second license in fewer than two months.
About PUF Ventures
PUF Ventures Inc. is a growth-oriented and diversified company focused on the international cannabis industry. It has ownership in several cannabis companies including AAA Heidelberg and Propagation Services Canada in Canada, a large-scale greenhouse project in Australia and is actively pursuing other opportunities within the cannabis industry. PUF has an option to purchase 100% of AAA Heidelberg Inc., which has been granted an ACMPR cultivation license from Health Canada. For more information please visit www.puf.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
Derek Ivany, President & CEO
For additional information:
PUF Ventures Inc.
E: ir@puf.ca
T: (800) 783-6056
Read more at https://stockhouse.com/news/press-releases/2018/10/25/health-canada-issues-additional-cultivation-licenses-brisk-sales-of-cannabis-in#Ejxz1Mo94AwIgQrV.99
Either way I think it's going up so i don't see your point. Goodbye.
As I said a year from today we see who was right.
I keep adding.
$$$ PUFXF $$$
Yes I disregard that. Heck, they could be the ones who are shorting it. The only way this company is undervalued is if they can pull it off. Hopefully they can. I could care less about their vision, their speculation, their grams. It's all babble to me. Imo Agra has nothing to offer till they get their license. The license is minimum a couple months out it seems. Investors get bored easy. Just my .02
Lol....so you just disregard $40 M recently placed by some investors when pps was higher.
Come on now, do you really think they are worried about a license?
So we don't go back and forth let's talk again a year from today and we see if TODAY is undervalued or not.
$$$ PUFXF $$$
Losing 50% is not consolidating. Call it for what it is.
It was at .11. It was pure gold. Now the run has come and gone and the bottom is not in yet. Smart investor averages in if they can't stomach waiting for the bottom.
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Welcome to AgraFlora Organics International Inc. (Formerly PUF Ventures Inc.) Our new brand better reflects the diversified nature of our business moving forward and our goal to become a premier cannabis company in Canada. We are very proud of our accomplishments and enter 2019 as a Licensed Producer with two Canadian locations preparing for cannabis production and sales. | |
OS 340,834,315 |
VANCOUVER, Dec. 19, 2018 /CNW/ - AgraFlora Organics International Inc. (formerly PUF Ventures Inc.) (the "Company") (CSE: AGRA) (Frankfurt: PU31) (OTCPK: PUFXF), a growth oriented and diversified international cannabis company, is pleased to announce the acquisition of 100% interest in the London, Ontario based licensed cannabis producer, AAA Heidelberg Inc.
In conjunction with the acquisition the Company has issued 12,216,509 common shares (the "Shares") at a deemed price of $0.1667 per share to the shareholders of AAA Heidelberg Inc. ("AAA Heidelberg") pursuant to the share exchange agreement entered into between the Company, AAA Heidelberg and the shareholders of AAA Heidelberg dated January 26, 2015. The completed share transfer has resulted in the acquisition of the remaining interest of the AAA Heidelberg licensed facility and the entity is now a wholly owned subsidiary of AgraFlora Organics International Inc.
"This acquisition marks a very important milestone in AgraFlora's growth initiative and designation as an official licensed cannabis production company." said Derek Ivany, President and CEO of AgraFlora Organics International Inc. "This, combined with the Company's 2,200,000 square foot Delta Greenhouse facility places AgraFlora among the largest potential per square footage cannabis producers in Canada and we are focused on brining both facilities into revenue generating production in 2019."
AgraFlora's AAA Heidelberg personnel are currently working with Canopy Growth to initiate the first crop of high quality medical cannabis at the London, Ontario based facility.
In Delta, BC the Company continues the retrofit of the existing 2,200,000 square foot Delta Greenhouse Complex and operations are currently on schedule to complete 250,000 sq. ft. of flowering area by the end of the Q2 2019. AgraFlora intends on completing the total of 1,700,000 sq. ft. of flowering area by the end of 2019 and the final phase of the greenhouse retrofit is planned to include an additional 450,000 sq. ft. of flowering area scheduled for completion in the summer of 2020.
The shares issued pursuant to the Agreement and the debt settlements are subject to a four month hold period.
The acquisition of the remaining interest in licensed cannabis producer AAA Heidelberg follows AgraFlora's December 13, 2018 announcement of a supply agreement with Namaste Technologies Inc.'s wholly-owned subsidiary, Cannmart Inc. for the right of first refusal to purchase up to 10% of the total annual production from AgraFlora's large-scale Delta Greenhouse Complex. This represents up to 25,000,000 grams per year, at a price of $4 per gram.
As announced on December 10, 2018 the Company recently closed on a $7.5 million second tranche of a $40 million financing to be used exclusively to develop the Delta Greenhouse Complex. A total of $20 million have been raised with the remaining $20 million to be paid in two tranches of $5 million on January 15 and $15 million on March 1, 2019.
About AgraFlora Organics International Inc.
AgraFlora Organics International Inc. is a growth oriented and diversified company focused on the international cannabis industry. It owns an indoor cultivation operation in London, ON and is a joint venture partner in Propagation Service Canada and its large-scale 2,200,000 sq. ft. greenhouse complex in Delta, BC. The Company has a successful record of creating shareholder value and is actively pursuing other opportunities within the cannabis industry. For more information please visit: www.agraflora.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Derek Ivany
President & CEO
Agraflora
ir@puf.ca
AgraFlora Organics International
Suite 804
750 West Pender Street
Vancouver, BC V6C 2T7
Canada
Derek Ivany
President & CEO
We have taken steps to establish our domestic distribution network and have initiated discussions with multiple pharma companies based in the European Union to establish an export market. "We expect to make an further announcement regarding domestic and export supply and product development agreements in the first half of 2019".
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