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Great news for $EDXC! Endexx Corp. has secured a new $3.8 million USD order for its newly acquired, non-nicotine-based vape product, HYLA from customers in Italy.
This $3.8M order is significant in two ways for Endexx. First, it provides the Company with more than $6M of revenue in its first two fiscal quarters of 2023, significantly surpassing its revenue for the entirety of the previous fiscal year. Given that the order came from customers in Italy, it is expected that this influential market will also expand the Company’s footprint in regions to the east, where it is believed that in addition to providing a geographic connection, Italy is considered very influential from both an economic and cultural perspective.
https://finance.yahoo.com/news/endexx-secures-3-8m-order-120000642.html
SAFE+MORE..."NAACP Calls For ‘Immediate Passage’ Of Marijuana Banking Bill And Pushes For Legalization In New Resolution":
October 21, 2022
https://www.marijuanamoment.net/naacp-calls-for-immediate-passage-of-marijuana-banking-bill-and-pushes-for-legalization-in-new-resolution/
I'm not the only one who thinks so...
"Cannabis must be removed from the Controlled Substances Act":
10/21/22
https://thehill.com/opinion/healthcare/3698458-cannabis-must-be-removed-from-the-controlled-substances-act/
"White House Drug Czar Says Marijuana ‘Clearly’ Has Medical Value And Scheduling Review Must Follow Science":
October 18, 2022
https://www.marijuanamoment.net/white-house-drug-czar-says-marijuana-clearly-has-medical-value-and-scheduling-review-must-follow-science/
Check out this interview. I especially like the part where Bruce talks about BioSteel, CBD, NHL, and cannabinoids in Pro Sports because of how $CWBHF is now positioned with MLB...
"Bruce Linton Bullish on Cannabis":
Oct 16, 2022
Big cannabis news!...Major League Baseball and $CWBHF...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170173327
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170175588
Why would they not try to pass the MORE act?
"Biden to pardon all federal offenses of simple marijuana possession in first major steps toward decriminalization":
October 6, 2022
https://www.cnn.com/2022/10/06/politics/marijuana-decriminalization-white-house-joe-biden/index.html
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170114569
Lots of different industry news below...
This new paper below shows that CBD does not convert into THC in the stomach as some have suggested. This may be an important and positive finding for the industry...
"Will tetrahydrocannabinol be formed from cannabidiol in gastric fluid? An in vivo experiment":
2022 Oct 3
Been posting some industry news on this other board lately in case you still like weed lol...stuff is brewing. $CWBHF is breaking out with some nice bids showing up...
https://investorshub.advfn.com/Marijuana-Companies-&-Stocks-16679
A variety of cannabis industry news below...
"2023 Farm Bill: Potential savior for hemp-derived cannabinoids?":
Oct 05, 2022
https://www.naturalproductsinsider.com/regulatory/2023-farm-bill-potential-savior-hemp-derived-cannabinoids
More coverage on new FDA cannabis regulator...
"FDA Hires Former New York & Rhode Island Cannabis Regulator as Senior Policy Advisor":
1 hour ago
hmmmm....I may need to do some research on this one...thanks for the tip.
Dilution is not the case with $AAWH. A/S has remained steady, and the independent directors all just made more share purchases. Uplisted to OTCQX within the past year or so & I believe they're hoping to uplist further. IMO the pace of growth what has inhibited revenues thus far, and that growth is in some pretty significant markets.
For example, Ascend is one of only 7 multi-state operators given approval to sell in New Jersey thus far. That's a massive market (predicted to hit $2 Bil in the next few years in NJ) in an industry where buyers generally continue buying from their first good purchase experience location.
It all depends on whether or not your shares are getting massively diluted along the way. I haven't researched this company but growth at the expense of current shareholders is never good (not saying that's the case here, because like I siad, I haven't done my research).
Look at MRMD. They are debt free, have lots of cash, and are generating even more cashflow daily, so they can fund their own growth without diluting the crap out of their shareholders.
Stock has been punished this year (along with the entire industry), but it's a great bargain because of it.
$AAWH Net Revenue & YOY growth are strong. Just spitballing here, but opening 3-5 dispensaries per year isn't cheap. I'll take the growth this early over a positive EPS.
Too bad they can't make any money with all those dispensaries. EPS negative .71 cents. There are much better (POSITIVE cash-flowing) companies out there. I'll stick with those.
$AAWH is coming up from the bottom. 21 retail dispensaries, 5 grow operations, 3 in-house brands, expanding rapidly & currently in 6 states in the midwest/northeast. Good time to get in IMO.
"Congressman Says He’s Finally Overcome Marijuana Banking ‘Hurdle’ With Introduction Of Senate Legalization Bill":
July 26, 2022
$CWBHF daily chart update...
https://schrts.co/GJSCIrxn
$EDXC - Endexx Corporation emphasizes becoming a competitive player in the premium Men’s Skincare and Grooming category. With the expansion into select Target stores nationwide, Endexx is now in over 8000 Mass Retail stores in the US. $EDXC is now in four of the top eight retailers in the USA.
https://www.globenewswire.com/news-release/2022/07/19/2481808/0/en/Endexx-s-New-Blesswell-Skincare-Line-Introduced-in-Select-Target-Stores-Nationwide.html
A step in the right direction
https://www.benefits.va.gov/homeloans/documents/docs/marijuana-derived_income_VA_loan.pdf
The cannabis stock industry has been badly beaten down in 2022, with the Global X Cannabis ETF (NASDAQ: POTX) posting a 55% loss for the year. But stocks like Sundial Growers (NASDAQ: SNDL) and Endexx (OTC: EDXC) have some promises to them as long-term investments, especially as more governments look to legalize recreational cannabis usage among adult citizens.
https://pubcoinsight.com/2022/06/29/cbd-stocks-16/
Psychedelics and cannabis will both bounce soon IMO. Been going down for too long...same chart everywhere... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169161919
"Congressional Lawmakers Seek Broad Marijuana Protections For Legal States In Key Spending Bill Coming Next Week":
June 16, 2022
https://www.marijuanamoment.net/congressional-lawmakers-seek-broad-marijuana-protections-for-legal-states-in-key-spending-bill-coming-next-week/
$MNMD breaking out...
https://schrts.co/NnyiaWFv
Upcoming FDA+Cannabinoids meeting could shake things up for hemp and cannabis stocks...
"June 14, 2022 Meeting of the Science Board to the FDA"...
In case early summer vacation is getting boring, $CWBHF Daily RSI is at 13 now...
https://schrts.co/SvyXHxyH
Endexx Corp - EDXC had a movement a few days ago. It may move again as a result of its expanding product range, which is generating more income than ever before. Marijuana is also fast becoming legal. EDXC is ideally positioned to leverage this.
https://pubcoinsight.com/2022/04/05/the-more-act-passes-the-house-floor-vote%ef%bf%bc%ef%bf%bc-2/
$CWBHF $TVOG $CBDD — The House passed legislation Friday that would legalize marijuana nationwide, eliminating criminal penalties for anyone who manufactures, distributes or possesses the substance. https://www.nbcnews.com/politics/congress/house-vote-bill-legalize-marijuana-rcna22527
Endexx Corp - EDXC remains driven and on track to achieving its objectives and long-term growth initiatives through continued expansion toward 20,000 Food/Drug/Mass (FDM) retail stores.
https://www.proactiveinvestors.com/companies/news/979307/endexx-talks-potential-otcqb-up-list-2021-and-fourth-quarter-financials-growth-plans-979307.html
BIG IF ................
"Cannabis ETFs Set to Soar on Passage of Legalization Bill":
April 5, 2022
https://finance.yahoo.com/news/cannabis-etfs-set-soar-passage-140502501.html
"Nearly 500-Page House Report On Marijuana Legalization Bill Previews Democratic And Republican Arguments":
March 28, 2022
https://www.marijuanamoment.net/nearly-500-page-house-report-on-marijuana-legalization-bill-previews-democratic-and-republican-arguments/
"H. Rept. 117-276 - MARIJUANA OPPORTUNITY REINVESTMENT AND EXPUNGEMENT ACT":
March 24, 2022
https://www.congress.gov/117/crpt/hrpt276/CRPT-117hrpt276.pdf
https://www.congress.gov/congressional-report/117th-congress/house-report/276/1
Should be a big volume week next week..."Congressional cannabis vote scheduled for next week":
March 25, 2022
https://www.marijuanamoment.net/congressional-cannabis-vote-scheduled-for-next-week-newsletter-march-25-2022/
CANNABIS ETF FUNDS
https://etfdb.com/themes/marijuana-etfs/
BULL
MJ - ETFMG Alternative Harvest ETF
HMLSF - Horizons Marijuana Life Sciences ETF
MSOS - AdvisorShares Pure U.S. Cannabis ETF 100% USA
HMMJ - Horizons Medical Marijuana Life Science ETF (TSX)
YOLO - Advisor Shares Pure Cannabis ETF 50% USA 33% CA
MJJ - Indxx MicroSectors Cannabis Index ETN
THCX - Cannabis ETF cultivation production distribution
TOKE - Cambria Cannabis ETF
ACT - AdvisorShares Vice ETF
POTX - Global X Cannabis ETF invested in the pharmaceutical industry.
CNBS - Amplify Seymour Cannabis ETF
LEVERAGED
HMJU.TO - Horizons BetaPro Marijuana Companies 2X Daily Bull ETF
MJO - MicroSectors Cannabis 2X Leveraged Bull ETN
MJXL - 2X Bull
INVERSE
HMJI.TO - Horizons BetaPro Marijuana Companies Inverse ETF
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