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Any thing and everything marijuana is blowing up. It's crazy. I might actually get a lil bit of my money back out of this pos yet!!!
Why are people buying this dead company? It was shut down 2 years ago. Go Go put your money in a real operating chain of labs. There is a better option
CANL is severely delinquent in filing the company's Financials. The stock is at risk of an SEC Suspension and subsequent stock registration revocation.
https://www.sec.gov/cgi-bin/browse-edgar?company=CannLabs&owner=exclude&action=getcompany
Not that I know of...
Interesting
I keep seeing them in multiple dispensaries
But
I haven't been keeping up
Just saw products supposedly tested by them again today
(Sounds like I should have checked the date tested)
Anyways
Decided to take another look here
I trust what you are saying is correct, so... Very strange!
I'll stop by 420 when I have the time soon and catch up
Hey, this company is out of business. Not sure how the stock trades. No assets, no employees, no license, no nothing!
Looks like some life coming back to this stock
I've noticed many of the "better" dispensaries in Co are choosing to use CannLabs
I.e. Lightshade etc
Watching this one more closely now
Hope you've been doing well!
Alan, Take A Look At my $KSHB posts and tell me your thoughts. This is the only publicly traded marijuana company posting profits!
I respect your opinion, and feel very strongly about the company. I started a small position but plan on buying more! I will await your feedback.
Thanks for the update. This one has been dead for more than a year. Amazing that it's not sub-penny!
COLORADO_SECRETARY_OF_STATE_*UPDATED*_CannLabs_CORPORATION_CONFIRMED_Voluntarily_Dissolved
THEY HAVE VOLUNTARILY DISSOLVED THEIR CORPORATION!
The Document posted was Dated July 18th 2016 But Was recently uploaded to the Colorado SOS website, from what I can see, based on the filing alert I received with my subscription.
They could very well be headed for Bankruptcy considering they had millions in debt on file in their last financial report and no longer have a viable business to even allow them to service the debt based on what I can find in public records. I would steer clear of this one guys.
https://www.sos.state.co.us/biz/ViewImage.do?fileId=20161479838&masterFileId=20101219505
Colorado Secretary of State - Summary
Details
Name CannLabs, Inc, Dissolved July 18, 2016
Status Voluntarily Dissolved Formation date 04/19/2010
ID number 20101219505 Form Corporation
Periodic report month April Jurisdiction Colorado
Principal office street address 3888 E. Mexico Ave, Ste B50, Denver, CO 80210, United States
Principal office mailing address n/a
Registered Agent
Name Mark C. Mirken
Street address 3222 E 1st Ave, Denver, CO 80206, United States
Mailing address 3222 E 1st Ave, Denver, CO 80206, United States
COLORADO SECRETARY OF STATE DEPARTMENT WEBSITE **UPDATED**_FOR_$CANL
CANL Officially Dissolved! Selling Out!
Found 2 matching record(s). Viewing page 1 of 1.
# ID Number Document Number Name Event Status Form Formation Date
1 20101219505 20101219505 CannLabs, Inc Articles of Incorporation Name Changed DPC 04/19/2010
2 20101219505 20161479838 CannLabs, Inc, Dissolved July 18, 2016 Articles of Dissolution Voluntarily
Dissolved DPC 04/19/2010
Colorado Secretary of State - Summary https://www.sos.state.co.us/biz/BusinessEntityDetail.do?quitButtonDestination=BusinessEntityResults&nameTyp=ENT&entityId2=20101219505&srchTyp=ENTITY&fileId=20161479838&masterFileId=20101219505
Summary
Details
Name CannLabs, Inc, Dissolved July 18, 2016
Status Voluntarily Dissolved Formation date 04/19/2010
ID number 20101219505 Form Corporation
Periodic report month April Jurisdiction Colorado
Principal office street address 3888 E. Mexico Ave, Ste B50, Denver, CO 80210, United States
Principal office mailing address n/a
Registered Agent
Name Mark C. Mirken
Street address 3222 E 1st Ave, Denver, CO 80206, United States
Mailing address 3222 E 1st Ave, Denver, CO 80206, United States
Looks like A Reverse Merger is the most likely scenario, otherwise management would have sold out, in which they haven't.
Seems to be a good buying opportunity under .35 cents, as the cannabis markets heating up and this ran to $1 on the last run in November! http://www.otcmarkets.com/stock/CANL/profile Float 6,044,700
Tiny float of just 5 or 6 million shares and they still own cannabis testing equipment and lab testing facility.
Management Owns 80% of the Shares Outstanding! There is definitely something of value, especially at this low of a price.
CANL = Reverse Merger Cannabis Play based on this Press Release
CannLabs Inc (CANL)
Exchange: OTC Pink
CannLabs Engages Viridian Capital to Explore Alternatives
DENVER, CO / ACCESSWIRE / January 19, 2016 / CannLabs, Inc. (OTC: CANL), a provider of proprietary, cloud-based analytics and scientific testing methodologies relating to cannabis, has engaged Viridian Capital Advisors to explore strategic alternatives in order to maximize shareholder value.
Mr. Mark Mirken, CannLabs CEO, commented, "The laboratory testing market for cannabis is in its early stages of development, and CannLabs has created one of the foremost brands and intellectual property portfolios in the industry. At this stage in our company's evolution we think it is the right time to engage an advisor to help us explore the best strategic options for our shareholders. This is why we chose to engage Viridian Capital Advisors who, in our opinion, are true thought leaders in the cannabis industry. We have engaged Viridian to enable us to evaluate the alternatives which will become available to us and best fit our short and long term goals."
Mr. Scott Greiper, President and Founder of Viridian Capital Advisors, stated, "Laboratory testing is one of the vital platform technologies in the cannabis marketplace, and must become standardized, consistent and robust in order to maintain the long term health of the cannabis industry. CannLabs proprietary testing methods and significant database of testing data is a valuable asset for legalized U.S. states and foreign countries, and the commercial dispensaries/grows in these regions. Additionally, through its wholly owned subsidiary Experentia Labs, CannLabs' testing laboratories provides hemp testing for both a domestic and international client base."
About CannLabs, Inc.
CannLabs, Inc., is a respected authority and advisor to commercial, governmental and educational entities focused on the Cannabis industry. The company leverages its propriety scientific, testing processes, cloud-based business intelligence and data/analytics as well as consulting services to garner revenues from legalized Cannabis states and their constituents.
Through Carbon Bond Holdings Inc. and the state certified labs it has relationships with, CannLabs delivers best practices around products, services and business intelligence focused on the Cannabis industry. CannLabs customers include states that currently have legalized medical or recreational Cannabis along with their associated growers, dispensaries, manufacturers of edibles, and residential consumers seeking information on cannabis.
For more information, please visit http://www.cannlabs.com.
About Viridian Capital Advisors, LLC??
Viridian Capital Advisors, LLC is a financial and strategic advisory firm dedicated to the Cannabis market. Our banking practice, through broker-dealer Pickwick Capital Partners, provides capital and M&A to fund the growth of our clients, while our advisory practice helps to position and build their business. Leveraging our team's decades of high level operating and transactional experience on Wall Street, in industry and in the government, we provide flexible comprehensive strategic and financial solutions that assist cannabis enterprises in realizing their full potential.
For more information, please visit http://www.viridianca.com.
Forward-Looking Statements
The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic, and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
Contact:
CannLabs, Inc.
William Livermore
Public Relations
CannLabs, Inc.
970-620-0774
William.livermore@cannlabs.com
www.cannlabs.com
SOURCE: CannLabs, Inc.
It got flushed with a big swirly. I believe it still exists although in what capacity I don't know. I haven't checked on anything regarding this company in quite some time.
I have no idea what the volume constitutes.
What is the latest with this turd? Haven't been following.
Are they even still in business? I haven't been following.
Huge things going behind the scenes. $2 , $5, then BOOM - $10
This will POP to $10 at the blink of an eye IMO. Watch. Used to be Cannavest $$$ Low Float Monster....
Up 50% today. Yeah, that makes sense.
Danged if I know, lab equipment? How much can that be worth?
Exactly. What assets do they have of value that is keeping the price up?
A better question is how does its stock price stay at this level when one would think it would be sub-penny.
$CANL 6 Months Analysis For Review
http://www.stockta.com/cgi-bin/analysis.pl?symb=CANL&num1=1&cobrand=windchart&mode=stock
Although this doesn't say much for CANL, CANL has vastly outperformed PHOT...which, hilariously, appears to be the 420Investor service's most "recommended" stock of all time.
Moreover, CANL hasn't been halted by the SEC for allegations related to a pump & dump scheme...like PHOT did after the 420Investor service's adamant recommendations.
Does CANL's performance have anything to do with the nearly 80% losses that have resulted from the 420Investor service's "trade recommendations" since its inception?
Of the 200+ 420Investor "trade recommendations" that led to overall losses of ~80%, how many were failed CANL trades?
Seriously?
On the surface, yes appears to be out of business, only a shell. A shell with probably some smart, passionate and heavily invested individuals working towards a promising future. CEO stated that the shut down in November was a positive and is going to make for a better re-structure and future. They hold licensing in multiple states, equipment and supplies. I always ask myself the question, how long until the entire country embraces and legalizes marijuana? Its inevitable in my opinion, companies like this, who have learned the hard way, may just be the leaders.
Right now this is just a company in name only....they have no active businesses. It is just a shell.
@ Doc. How many times has a company gone "out of business", then came back full force and thrived?
i believe cannlabs still owns the testing machines and lab equipment and license in nevada
Cannlabs is out of business....
Reading through information on the company it doesn't seem that they have gone away or are done with. Looks to me like maybe they are re-positioning, at I hope so. I saw a big sell of shares a few days ago, now some purchasing still taking place. I think its too soon to discredit Cannlabs. Just my opinion
15 Marijuana Stocks To Watch In 2015
I think the author takes a spaghetti approach to investment. He just throws a bunch of tickers at the wall and hopes 1 or 2 stick. Then he gloats about having called that stock way back when and ignores the other 15 failures.
From that article only 2 are up and only one is up any significant amount. The bulk are losers and in a big way. Most are down in excess of 80%. So, this leads me to my next question. When that author says he has a stock we should be watching, what is the reason we should be watching it?
Why are we watching these pinky tickers? Are we looking for class actions, reverse mergers, de-listings?
Sad what happened to this company that was touted as one of the top 15 pot stocks to watch for 2015.
http://m.benzinga.com/article/5123663
The information doesn't have to come from an "insider" to be considered inside information. You have quite the pair to charge people for your "information".
Really sad since this was touted as a top 15 pot stock to watch in 2015 by the self proclaimed Cannabis Financial Analyst. Glad I got out of this pos long before it was named a top 15 pot stock.
http://m.benzinga.com/article/5123663
same here...broke even here...i held on too long and didn't sell at above dollar range
but got out at 0.90 where i bought in
THANK GOD
I am so glad I got out of this when I did, long before it was featured as a top 15 stock to watch for 2015.
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