CannLabs Inc (CANL)

[Art Vandeley]

So sad for one of the top 15 pot stocks to watch in 2015.


http://m.benzinga.com/article/5123663

[Alan Brochstein]

New all-time low today and it is still overvalued...

[Art Vandeley]

Correct me if I am wrong, but June 2014 was before this article came out, right?


http://m.benzinga.com/article/5123663

[Art Vandeley]

Yes, it was obvious to everyone what a joke CANL was right after they released their first financial report in 2014 which was released long before it was named a top 15 pot stock to watch in 2015.


http://m.benzinga.com/article/5123663

[Art Vandeley]

One of the 15 stocks to watch 2015.


http://m.benzinga.com/article/5123663

[MonestHind]

Is this just going to keep getting more hilarious?

[Alan Brochstein]

Glad you didn't get trapped!

Thought you were: Wednesday, 11/04/15

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118714775

Bullish $CANL. Nevada is on its way to be the next Big $$$$$ maker for the Cannabis Industry and Marijuana Hub for Cannabis Businesses. CanLabs-NV has been granted a license for a testing facility in NV, the company received state and local approval for the testing facility license. It appears, CanLabs-NV will benefit substantially from the future Burgeoning Nevada Cannabis Market with the company's North Las Vegas facility. Currently, CanLabs does the majority of the testing for the Cannabis Businesses in Colorado. I see, CanLabs-NV's services capturing a large percentage of the market share of the Cannabis Businesses in Nevada, as CanLabs has achieved in Colorado. The bottom line is the revs. to come from CanLabs-NV will help to increase shareholder value. $CANL is undervalued at the company's current PPS.

Sounded very long! Of course, there is no and never will be a CannLabs-NV, so not sure what was being discussed here.

[GalacticGreen]

Alan a/k/a "420Investor" to answer your questions about $CANL "Still own this stock? Like it here?" is ridiculous. $CANL was strictly a trade that I made at the end of September, when I ripped $CANL for 175% Realized Gains, not losses like your 200 trade recommendation that caused your 420Investor portfolio to be DOWN -76% (Reference our $NDEV post from Oct 3rd ).

The majority of all Cannabis Stocks are only trades for years to come, before the we are will be able to see who the true leaders of each Cannabis Sub-Category in the Cannabis Industry/Sector will be. I do believe there are a few Cannabis Comps. worth Investing in and holding Long-Term, such as, my personal favorite $INSY. Also, I like $CARA, $MSRT and Steep Hill Labs just to name a few. I believe a Good Partner or Acquisition for Steep Hill Labs would be CannLabs. To be able to Invest in Steep Hill Labs, who is the Global Leader in Cannabis Analytics, Research and Testing, you do have to be an Accredited Investor, such as myself.

Keep making those loosing trade recommendations.

[Alan Brochstein]

The Atlantic magazine mentioned CannLabs. Kind of funny that the Merrill Lynch report wasn't aware of the current situation

The Big Banks Are Starting to Look Hard at Marijuana

http://www.theatlantic.com/health/archive/2015/12/the-big-banks-are-starting-to-look-hard-at-marijuana/420969/

It notes that “Due to rapidly evolving and potentially conflicting legislation enacted on a state-by-state basis, the cannabis-testing industry is subject to disruptive changes.” Indeed, the testing company CannLabs that two sentences earlier it calls a “leading” service provider, went out of business a few weeks before the report came out.

Very interesting article...

[Alan Brochstein]

Still own this stock? Like it here?

[GalacticGreen]

Very True. WOW...Alan Brochstein and his 420Investor service has made 200 trade recommendations, and as a result the 420Investor has a portfolio that's DOWN approx. 76%!! Thank you MH for providing us with these horrendous statistics of losses on Alan and his 420Investor service. Those terrible stats further clarifies to myself and the public that the 420Investor is a complete FlimFlam.

Furthermore, It's impossible for Alan Brochstein to call himself an "Expert" in cannabis stocks with those type of statistics of his realized losses, which you kindly provided to the public. One thing that is for sure, Alan definitely can't hide from the stats, the facts and the truth, about how his 200 trade recommendations have incurred huge losses. Also, with those statistics of losses, the only Expertise the 420Investor can call himself is being an very, good expert at loosing money. I appreciate you letting the public know the facts about Alan Brochstein's 420Investor service and the major losses from his personal 200 trade recommendations. This definitely shows the public that Alan Brochstein has a proven track record of being an expert at loosing other peoples money. The best part is that his 200 trade recommendations that caused despicable losses are all documented. Now, I have learned that negative reviews about his 420Investor service just happened to disappear...very, shady.

[Art Vandeley]

Lol at the twitter temper tantrum.

[Alan Brochstein]

Will CANL ever reconnect its phones?

[Alan Brochstein]

I know that I sure am glad to have avoided CANL!

[Alan Brochstein]

I guess it was obvious to everyone what a joke CANL is

[Art Vandeley]

Yup...called it long ago. Didn't need no subscription service to tell me not to buy.

[Art Vandeley]

I hope no one shorted it based on the provided "d.d" of non public information.

[Art Vandeley]

And what was the non public information about CANL that was you tipped off your subscribers too? Did anyone make trades based off of this non public info?

[Alan Brochstein]

There was no trade recommendation. 420 Investor does good DD - that's how it got the info

[Art Vandeley]

420investor gave trade recommendations based on non public material information? How did it (you) get this information before it was made public?

[MonestHind]

Yeah. But, um, it traded what - only $900 volume?

So uh....yeah...there is literally no one that cares.

[Art Vandeley]

Who cares. Wasn't the lab shut down anyway? Nothing to see here. Move along.

[Alan Brochstein]

CANL DD:


EXCLUSIVE: CannLabs Cited for 44 Violations by Colorado Marijuana Enforcement Division


https://www.newcannabisventures.com/cannlabs-cited-for-44-violations-by-colorado-marijuana-enforcement-division/

[Art Vandeley]

What an endorsement. Our followers only lost 75% of our money instead of 80%. Lol.

[MonestHind]

TLDR. Records also indicate the 420Investor service even "recommended" buying PHOT again at .36...touting that it was the best bet in the sector...only to later "recommend" folks sell, but only after having incurred a 66% LOSS.

For those who don't know - PHOT, 420Investor's most adamantly "recommended" stock, was ultimately suspended by the SEC for allegations related to...you guessed it...A PUMP & DUMP SCHEME.

So again - is CANL worse than PHOT? Or are they indeed strikingly similar?

[MonestHind]

You know the 420Investor service is desperate to find relevance when it's proudest accomplishment is pointing out that CANL is a downer...after it had already plummeted.

Is CANL worse than 420Investor's most "recommended" stock of all time - PHOT?

PHOT is down 99% from 420Investor's buy "recommendation" at .46.

Sooo worse than PHOT orrrrr basically exactly the same?

[MonestHind]

That begs the question - why do folks suggest that they have screenshots of negative reviews that have mysteriously disappeared from the site?

[Art Vandeley]

Over 1000 reviews but only a few hundred subscribers?

[Art Vandeley]

What happened to the several thousand subscribers it had at one point? The no longer can afford the $50 a month?

[MonestHind]

Sure thing.

#420Investor reviews. Ouch. pic.twitter.com/4mHhV5uhnc

— •K|ndF|nance• (@Orion_Arm) December 17, 2015

CANL looking like a 420Investor touted stock these days. Rough.

[Alan Brochstein]

Any link for that? If you could provide one, then everyone would know the truth. Tons of positive reviews.

Nope, never recommended CANL, but that's been established many times.

[MonestHind]

Can't help but feel bad when I see 420Investor reviews like this one:

"Following the trade alerts almost wiped out my portfolio. [...] I did better on my own."

Was it a CANL trade that "wiped out" this guy's portfolio? Or was it the many horrible "recommendations" by 420Investor in general? Just curious.

[MonestHind]

The 200 trades "recommended" by the 420Investor service since inception have resulted in overall losses of ~76%.

200 trades represent quite a few opportunities to make money...

But nope. 76% losses instead.

How many of those 200 trades were CANL trades?

[MonestHind]

TLDR. Why have so many 420Investor "trade recommendations" resulted in unmitigated losses?

Seems like it should be obvious that managing losses in penny stocks is critical.

Who would allow 76% losses in PENNYSTOCKS?

[MonestHind]

420Investor "trade recommendations" have resulted in 76% losses. Not someone else's "trade recommendations" - 420Investor's "trade recommendations."

It's simple.

Could have bought CANL at the 52wk high and been better off.

[MonestHind]

420Investor - All-time Performance -76.73%

Ouch.



Is anybody even following CANL

[Art Vandeley]

Good job...lol. Anyone who did 5 min of DD saw right through this one. But great job nailing the obvious.

[Alan Brochstein]

CannLabs doesn't even have a phone any longer. 420 Investor nailed it

[MonestHind]

lol GREAT JOB!

[Art Vandeley]

Gee...what an accomplishment. Even a broke clock is right twice a day.

[MonestHind]

I'd be embarrassed too.

[Art Vandeley]

What is funny is that stock that is now less relevant that CANL was heavily touted by 420i, even after it was suspended. How many 420i members lost everything on that one?

Too bad 420i didn't warn its members about the major red flags over on that one even when I and others were pointing them out over there and was even attacked by 420i and its members for doing so.

[Alan Brochstein]

Talk about a stock no one cares about. Even less relevant than CANL lol. Unfortunately, they were suspended by the SEC (still no lawsuit filed or any sort of follow-up from the SEC). Said goodbye to that one more than a year ago and never looked back. Where is the link to the March exit? Guessing it doesn't exist...

[MonestHind]

For a service marketed as a resource providing "trade recommendations," 75% losses since inception is indeed illustrative of failure, and a rather grand failure at that.

CANL isn't news. It barely trades and no one cares. What's more interesting is PHOT, which we all know was 420Investor's most adamantly "recommended" stock of all time.

So compared to PHOT - how has CANL performed?

Exactly.

[Alan Brochstein]

To say 420 Investor has failed is a complete misunderstanding or lack of awareness. The service can't short, but some subscribers do. The negative recommendations are not calculated but are very real in terms of avoiding losses or, for some, gains in short sales. For those who want to invest in the space, the portfolio substantially outperforms the sector as measured by average performance of the sector in general. Focusing on one metric that one doesn't seem to comprehend while ignoring the plethora of DD is simply inadequate. The hundreds of subscribers disagree with the conclusions shared here. Where is there better DD?

[MonestHind]

Again - These are penny stocks. No one is impressed by anybody's ability to point out negatives with respect to a penny stock. They're penny stocks for a reason.

What is impressive is an ability to employ effective strategies by which one can capitalize on the volatility that is inherent in all penny stocks. This is something the 420Investor has, to put it lightly, completely failed at accomplishing....as is illustrated by the horrific performance of the service's "recommendations."

I remember my first penny stock.

[Alan Brochstein]

Exit in March? Never saw that. Link?

420 Investor published a negative report internally on CANL in the summer of 2014. Quite the read! Lots of follow up too. What made it interesting was that most people thought the stock was a good buy because the company was real. The lab was real, the company just another pump and dump. Hopefully the financier goes to jail on this one, but probably not, as that doesn't happen too often in penny stocks.

[MonestHind]

That was the conclusion we came to as well - back in March...after our extremely lucrative exit...and when it was still relevant.

Catch up isn't the game to play in the financial markets - otc or otherwise.

420Investor75%Losseslol

[Art Vandeley]

Didn't need a CFA designation to figure that out. 2 mins of DD was all it took.