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I don’t have an answer to that question. That is an issue that has seemed to plague us for a while now. I am confident however that our time is coming, and perhaps very soon. I will be bold and speculate that if all that has been said is true, then of course Alan Brochstein from New Cannabis Ventures will be doing a piece on Cannaglobal as their debut on one of the Canadian exchanges draws closer by the day. This is what he does, and I believe a lot of people find him credible and a great source for news in the industry. This would no doubt bring a lot of eyes our way. And theres nothing to say that he wouldn’t do a write up on MGC exclusively either. Our news today is certainly noteworthy, as well as the overall outlook and substantial progression forward this year.
I do my best to cheerlead for the ones in my portfolio that seem to need it most. I don’t think anyones listening, but it makes me feel a lil better, and hey its entertaining for me. I only have some 200 twitter followers, and get very few direct interactions with other investors/potential investors, but when I view the tweet activity on some of my tweets it numbers in the thousands. I’m sure at some point the window shoppers will recognize whats going on here and our sp will reflect that recognition.
No matter how stagnant we’ve remained here in the US going on several, several months now, despite the slow bleed, my confidence has never changed. I liked the idea of the Derma division, all the while knowing that the real deal is the pharma. A multi faceted cannabis company at face value sounds great, but I’m currently very happy with the decision to focus primarily on pharma. Cognicann (great name by the way I think), and many others to come. Australia the UK, Malta, and on and on......
In conclusion, lol, just kidding, I just scrolled up to see I managed to throw down quite a few words. Sorry for the long rant. Good luck everyone.
MGCLF - long and strong
Great question I would like to know as well!
It’s doing great on the ASX tonight. But how does information about this great company get out to US investors?
Looking good on the ASX right now. Last checked MXC was up almost 40%.
And so the Cannepil shoe finally drops!! One cannot underscore enough how big this is for MGC. This drug could easily be a lifesaver for so many patients...and remember, MGC just happens to have hired on a specialist who has 3000 patients in need of Cannepil.
MGC
CannEpilTM available for Australian supply under Authorised Prescriber Scheme
First commercial-scale production and material revenues to commence from
MXC Investigational Medicinal Product (IMP)
• MXC’s Medicinal Cannabis based IMP, CannEpilTM is now available for supply in
Australia under the Authorised Prescriber Scheme
• Authorisation has been granted by the TGA to specialist prescribers who are now
authorised to supply CannEpilTM to patients in Australia
• Authorisation follows recent Human Research Ethics Committee endorsement
from St Vincent’s Hospital Melbourne for the use of CannEpilTM in the treatment
of adult patients with drug-resistant epilepsy
• Represents a major milestone for MXC, validating and confirming its seed-topharma
strategy with the start of commercial supply of its first IMP offering
• The Company expects this to initially generate $1 million in annualised revenue
from the initial base of approximately 100 patients
• CannEpilTM is expected to be available for supply in Australia by December 2018
It seems that those in Australia trudging through life with refractory epilepsy will soon have a way to vastly improve their quality of life.
What were the figures again? 1 mil for the treatment of 100 patients. I think that’s what it was.
The pieces now seem to be coming together quickly.
MGCLF - long and strong!
What is the news coming out? Anyone know? Should this be trading tomorrow?
Yeah, very interesting. The MGC plot thickens more every day.
MGC
Anyone else find it interesting that of the three people Cannaglobal is following on Twitter, Alan Brochstein, of New Cannabis Ventures is one of them. I don’t think its outside the realm of possibility that he will be reporting on Cannaglobal soon. This would be some great exposure for us.
I read his post. He is the best source of DD on HC. He understands the nuts and bolts of MGC very well. I do believe you are right about Aurora buying MGC at some point. And why not?? We have the goods that would be a great asset to a growing behemoth like Aurora. I think so many folks just don't see the angle here and sell off.
MGC
Prediction: Within 2 years Aurora (AUPH) will purchase MXC/MGCLF. Why? Check out Reillyblue's long commentary on the HotCopper.com site.
It is a huge deal indeed!! I hope folks truly understand the gravity of what is going on here. MGC is really just getting started. This piece of news is just the tip of the iceberg. Remember, the US isn't even getting the news yet so american investors are very much in the dark about MGC. That will change soon IMO and when it does, there will be a flood of new investors looking at this ticker. Better to pile up now while MGC is still a ghost stock in the US!
MGC
Rushmann - I’m truly impressed with your earlier post that Lorne Gertner was involved in this early on. I searched and couldn’t find the connection at that time. This is a big deal with major players. I’m very excited for the future.
Hopefully folks truly get what this deal means. MGC is about to big league with this deal!!
MGC
Holly shit. Have ya'll figured out who Hugh Winters is yet?!?!
So MGC sells MGC Derma for 12.5million in CannaGlobal stock... ummmmm YES!! Considering CannaGlobal is Hugh Winters and romor has it a few other power houses involved in CannaGlobal.
MGC Derma is coming to North America, this is the revenue everyone wanted to see!
He's basically the person responsible for putting L'Oreal onto Walmart's shelf's.
Old school guy, but very very very experienced.
Nice considering.
Here's some rare stuff I found on Hugh Winters
https://issuu.com/beautyfashion/docs/bf-nov_2011_complete-lowrez
http://azurebeaute.wixsite.com/azurebeauty
https://www.linkedin.com/in/hugh-winters-2ba471/
President of Azure Beauty Inc, god damn distributor for L'Oreal. This guy is not a rookie, and this guy knows how to bring in the revenue (DISTRIBUTORRRRR)
HELLLLLO THIS IS FOR SURE BUY AND HOLD, as soon as people figure out who the hell this guy is.. $$$
I think once folks understand this deal a bit better, we'll get a bunch more MGC lovers!!
MGC
This is so exciting! Wow looked up Lorne Gertner what a resume! LONG MGCLF $
Scour Lorne Gertner. Lorne has a knack of getting companies off the ground in a successful way. I think all will be revealed at some point very soon with MGC.
This is starting to get really good. The irons are beginning to come out of the fire. Very LONG MGC.
MGC
Where did you find this info rushmann? I’ve been scouring the internet, linkedin, etc and haven’t found a thing on Cannaglobal.
Any help would be appreciated.
Lorne Gertner is the JV partner. This fella is the boss involved at Hiku Brands and Tokyo Smoke!!! Huge!!!! People need to understand how big this is for MGC.
MGC
"Sale of MGC Derma to Strategic Partner Cannaglobal Canada. Includes 5-year supply agreement to sell MXC's CBD and raw materials."
Volume up big time. Something is a brewing beyond just this news. The take down today IMO is to accumulate for the next shoe to drop. IMO, something was leaked. We should know soon enough.
MGC
Great news today!
You need to check on HotCopper.com. Lots of spec over there
Company just uploaded some very nice pics of the Czech grow on Facebook.
Suspension extended until not later than the end of trading Thursday, September 25th. It's on their website. GLTA
If anyone has access to hotcopper, I would highly encourage you to go on and post very positively about MGC and the news. The Aussies have a way of bringing us down and if they knew we in the US all holding strong and adding, they might just team up with us and keep this ticker going, especially with news coming and more soon to be on the way!! It's easy to register on hotcopper...defend your company from the ones that want to hurt the pps.
MGC
I believe we’ll get the news today before the ASX opens this afternoon. It’s Tuesday over there now.
I believe very good news coming tomorrow. The company is heading in the right direction. I think before EOY, there will be some big things happening. Hold tight Longs!!
MGC!!!
I believe it's Canada-related
Financial Report for the year ended 30 June 2018
https://mgcpharma.com.au/wp-content/uploads/2018/09/63c523f0-0b3.pdf
Australian Phase II Clinical Trial into Dementia
https://mgcpharma.com.au/wp-content/uploads/2018/08/cf79df51-86f.pdf
Hope it's one of mine.
who could it be?
September 2018
Australian Securities Exchange Level 40, Central Park 152-158 St Georges Tce
Perth WA 6000
Via email: tradinghaltsperth@asx.com.au
Dear Sir/Madam
The Directors of MGC Pharmaceuticals Ltd (the “Company”) request that the Company’s securities be placed in a voluntary trading halt immediately in accordance with ASX Listing Rule 17.1, pending the release of an announcement by the Company regarding a material commercial transaction with a Canadian cannabis company.
The Company requests that the trading halt end on the earlier of the commencement of normal trading on Tuesday 25 September 2018, or when the announcement referred to above is released to the market.
The Company is not aware of any reason why the trading halt should not be granted, nor of any other information necessary to inform the market about the trading halt, and the Company confirms that the request for a trading halt is material.
Yours faithfully
Brett Mitchell Executive Chairman
Excessive negativity on the HC board. I can attest myself to this as a way to dump-and-pump instead of pump-and-dump. My example is PPCB. Recently watched it go to sub penny (when I bought) and several weeks later go to $0.175 (when I sold). (I might add PPCB went up on absolutely no news. Just management and insiders playing games.) Definitely could happen with MXC imho so be patient!
Yeah, great post. Investors have to understand that MGC is a slow but methodical growth story and should not expect the pps to zoom 10000% overnight. 2018 and 2019 are going to be very unique building years for the company as 2017 was, with milestones now being checked off. We have a few big milestones coming up hopefully by EOY, early 2019. This is a very exciting story!!!
MGCLF
Welcome aboard jmk2454. Great post.
A new blog post from Ron Lipsky regarding Malta.
https://medium.com/@RonLipskymgc/a-deeper-dissection-of-our-malta-operation-what-it-means-for-the-company-the-industry-d9d4a793e965
Great news! CVSI's products are sold in almost 3000 locations. If they can do it so should MXC! What about Israel?
Here is a news article I came across this morning.
https://finfeed.com/small-caps/biotech/mgc-pharma-smashes-major-milestones/
Well, for those that already saw the latest fins, all I have to say is that MGC is really finding it's stride and hit many key points thus far for 2018. The VC is still pending but at least it's still on the table awaiting finalization. I'm expecting EOY we will know either way. Not ideal, but it's on the VC side that's holding it up so all we can do is wait. In the meantime, MGC continues to expand and will be at some point a global powerhouse!!
MGC
Reillyblue's posts are excellent on HC. Also I like the feature of being able click on a post you liked. The more likes for a post the better I think. Reillyblue sure gets a lot of likes.
Reillyblue seems to be the most imformed and is pro MGC
MGC
Speaking of "in-the-know," who are the posters most "in-the-know" on HotCopper?
I agree with US investors not in the know. I predict we finish in the red today due to price action. I almost think the company is using the us ticker to dilute and print shares.
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Our three pioneering divisions allow MGC to be a key player in all significant levels of production in various global locations. It also allows MGC to progress with simultaneous high level research and development, clinical trials around the world and to embrace new emerging verticals in CBD markets.
Founded in 2014 by experts in the Medical Cannabis field with the intention of capitalising on the emerging global Medical Cannabis industry, founders Nativ Segev and Roby Zomer bring a combination of over 10 years in the Medical Cannabis and the BioTech industry. MGC Pharma was created to become a leading BioPharma company based on Medical Cannabis with operations spanning all aspects of the value chain, from cultivation, manufacturing and distribution of products in a global market.
Today, MGC Pharma has operations spanning Europe and Australia. It has cultivated and harvested crops in its growing facilities in the Czech Republic and Slovenia and is manufacturing active pharmaceutical ingredients (APIs) at its European GMP extraction facility. The Company has also developed a CBD cosmetics range that is available for purchase throughout Europe and online via the Company’s eShop www.mgcderma.com
The Botanic Division engages with multiple cultivation sites to meet increasing global demand, alongside research into breeding and genetics with leading institutions and academia. We will continue to harvest the product in Slovenia and Czech Republic, and use the raw material at our production facility, as well as provide the product globally.
Our research & development:
The Innovation Division is focused on our medical product pipeline and is our largest division. This division focuses on products that emerge from our supply line. These include neutraceuticals, which will be able to provide the additional needs and requirements that our body demands on a daily basis to improve our immune system, detoxify and enhance wellness.
Additionally, this includes our extracts, at various levels of purity, and with the ability to extract various phytocannabinoids and terpenes to the level of Active Pharmaceutical Ingredient.
The Innovation division is focused on three specific areas of treatment:
MGC Derma produces CBD enhanced cosmetics, DermaPlus dermatological line and private label manufacturing.
Our research & development:
MGC Derma is the brand leading the way in utilising this year’s ‘it’ skin care ingredient: cannabis. Before you get the wrong end of the stick… we’re talking about cannabidiol (CBD) a totally non-psychoactive compound derived from the cannabis plant, which shares part of the ‘fingerprint’ of our genetics, allowing the body to instantly recognise it – and utilise it accordingly. It is MGC Derma’s unique, meticulous extraction and purification process that keeps this ‘fingerprint’ intact; the brand uses only the highest quality cannabidiol in this range of pure yet potent serums, masks, toners and cream. Renowned for its healing, sebum-regulating and moisturising capabilities, CBD is particularly adept at addressing eczema, acne and other problematic skin conditions, as well as minimising signs of ageing, hydrating and nourishing.
MGC Derma is the brand leading the way in utilising this year’s ‘it’ skin care ingredient: cannabis. Before you get the wrong end of the stick… we’re talking about cannabidiol (CBD) a totally non-psychoactive compound derived from the cannabis plant, which shares part of the ‘fingerprint’ of our genetics, allowing the body to instantly recognise it – and utilise it accordingly. It is MGC Derma’s unique, meticulous extraction and purification process that keeps this ‘fingerprint’ intact; the brand uses only the highest quality cannabidiol in this range of pure yet potent serums, masks, toners and cream. Renowned for its healing, sebum-regulating and moisturising capabilities, CBD is particularly adept at addressing eczema, acne and other problematic skin conditions, as well as minimising signs of ageing, hydrating and nourishing.
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