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They are sure spending a lot on marketing, 21% of revenue. Hope that pays off.
US strategy shift causes growth pains for Elixinol
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Cannabis company Elixinol Global posts 19% increase in half year revenue to $18.3 million - Motley Fool:
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I have no idea why people would sell after the report last night. Looks to me that ELLXF has built a solid launch pad with good strategic thinking. I think some people may regret selling at what appears to me to be a potential bottom. Just my opinion.
It has market cap 120M at this pps.. it's pretty good deal if you ask me.. that to be said ELLXF is very thin and can move quickly both ways. I would definitely add tons if it dropped to $1
Nezt support is 1.00$ if this goes below 1.62 ...1.62 should be bottom
H1 2019 Results Presentation + Announcement PDFs here:
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We flatlined enough yet? Weird this didn’t move with the others today but guess they All get their own individual issues. Lookin for signs to add
Yup, almost 30k@1.6.. needs some ask slapping and pps will move up fast imo
Some CBD extracts are totally legal, DEA confirms
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Pedini notes there’s one other ingredient in a similar situation: fish oil. There are both prescription fish oil drugs and fish oil sold over-the-counter as a dietary supplement. The regulations of OTC fish oil may be a blueprint for how FDA will regulate CBD.
For example, dietary supplement fish oil must contain at least 0.8 grams of the active ingredient per serving and have a disclaimer on the packaging that describes the level of scientific evidence supporting the claim that it helps lower blood pressure, according to the FDA. These measures are meant to prevent consumer deception, the agency says.
Many CBD makers support similar regulations, including NORML. “Part of our mission statement is to ensure that Americans have access to safe, affordable and convenient marijuana products and safe is generally achieved through regulation,” says Pedini.
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Vascepa: insert-text-here
Paul on Podcast on Spotify: insert-text-here
I see CVSI scored a distribution agreement w/Vitamin Shop. I am sure ELLXF will be scoring soon. They have the production capacity + the hemp.
2.0-2.1 first.. then 2.4 -2.5 imo
Seems a little better here. 2.40s comin?
Nice, I'm jealous. I caught the falling knife in the 2.20s. Surprised to see this drop so badly. What are your thoughts on their business model? It seems like they are focused more on selling bulk extract rather than creating a brand name. I use their product and it works great. The quality is there and I love their price and labeling. They specify how many mgs of hemp extract vs. CBD per capsule. I just wish we were seeing them in more stores.
Agreed - the herd will soon realize and up we go again! lol
... and Market cap less than 200M.. easy money imo
Quote: "...it has become the largest marijuana company in Australia, making it the Canopy Growth of that country."
Funny enough I realized that my first shares that I bought almost year ago were at 1.50.. I would never think that I would be able to buy back in at pretty much same price. That gap down and oversold RSI made me to grab 5k yesterday.. reversal at least up to $2 should be easy imo that would give me almost $2k gain .. easy peasy..
Valuation at $1.5 was just ridiculously cheap, especially that there was no negative events that caused this walked down.. just slow volume.
Awesome timing. I saw that gap lower and thought maybe reversal but no balls when I’m that far wrong
Elixinol London video: insert-text-here
Which ASX growth shares to invest $10,000 in August
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Nope, just inconvenient for Aussies using that broker.
Hardly damning! lol
I think mick is referencing this IG Markets report from May.
https://stockhead.com.au/news/ig-markets-looked-at-almost-1000-pot-stocks-before-deciding-to-ban-19/
so no link lol
yes there is beow , it like magic to find once buried
answer;
by trader's not me
'Elixinol Global Ltd. (ELLXF)'
So no link. Just some hysteria.
i responded here re; the sell came out from their country and surely went south oon us. $ELLXF
maybe below --- i got out in 3's --- STARTED DIPPING HARD
ARTICLE SAID TO SELL , HURT ELLXFF LOTS
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