Elixinol Global Ltd (ELLXF)

[deadjim]

This stock is pretty much blue sky territory. It’s always weird to me that new people don’t catch on with this kind of breakout and price action. This board has only the usual faces.. I guess people will catch on once it’s up another double or three.
What kind of market cap would this company get within a 22billion market? goin and goin, where she stops nobody’s knowin

[starkd748]

Booooooom

[aries4747]

ELLXF: Elixinol Launches Extra-Strength Hemp Balm with Double the CBD of Original Balm

https://www.globenewswire.com/news-release/2019/03/18/1756520/0/en/Elixinol-Launches-Extra-Strength-Hemp-Balm-with-Double-the-CBD-of-Original-Balm.html

Leading Hemp-Derived CBD Brand Capitalizes on Need for Strong, Fast-Acting Muscle Relief for Athletes
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March 18, 2019 13:08 ET | Source: Elixinol LLC

DENVER, March 18, 2019 (GLOBE NEWSWIRE) -- Elixinol, one of the most influential CBD brands in the world with nearly three decades of experience in the hemp industry, announces a new take on a best-selling product, Extra-Strength Hemp Balm, a soothing topical CBD product for relief and recovery. The balm is specially formulated with a synergistic blend of hydrating plant butter, organic herbal extracts, and essential oils.

Each Extra-Strength Hemp Balm combines full-spectrum hemp CBD with the deep-penetrating power of botanical extracts to sooth temporary pain and support muscle recovery. This balm contains an unprecedented 250mg of pure, full-spectrum, CBD for double the rejuvenating power and relief of the original hemp balm.

“Our extra-strength hemp balm is created with a refreshing scent from essential oils and is deep-penetrating, absorbing quickly no matter the skin type,” said Gabriel Ettenson, Elixinol President. “If you’ve completed a rigorous workout or are coming home after a team practice or game the extra-strength hemp balm is perfect for quick recovery. Rather than reaching for the over-the-counter muscle soother, simply massage the balm into skin post-workout and feel the muscle recovery begin.”

“The demand for CBD topicals is ever-increasing in the consumer marketplace, particularly as the wellness movement continues to expand,” said Chris Husong, Elixinol VP of Marketing and Communications. “With the passing of the Farm Bill and as clinical trials continue to reinforce the various health benefits that we see from CBD, we expect the demand to continue to increase both nationwide and worldwide.”

Elixinol hemp extract is derived from specially bred industrial hemp plants that have high concentrations of CBD, naturally. The hemp is grown organically, then CO2 extracted to produce a clean, full-spectrum extract. This hemp extract is a wholesome extract, not synthetic and not an isolate. Elixinol hemp extracts retain the full spectrum of terpenes, cannabinoids, essential oils and other synergistic compounds found in hemp. They are then tested and independently verified to guarantee the highest purity and potency.

Elixinol Extra Strength Hemp Balm is available at Elixinol.com/our-products for a suggested retail price of $59.99 per tube.

About Elixinol:
Colorado-based Elixinol, co-founded by Paul Benhaim, hemp entrepreneur since 1991, is widely regarded as one of the most influential CBD brands in the world. With a proven track record of growing and extracting premium-quality hemp, Elixinol is one of the few CBD hemp extract brands with complete seed-to-sale control over its products. Elixinol also conducts rigorous third-party laboratory testing and quality control. Elixinol distributes hemp-derived CBD products in 40 countries globally including North and South America, throughout Europe, Asia, and the Pacific Region under its own label as well as bulk CBD and wholesale CBD. Elixinol’s parent company EXL (elixinolglobal.com) is publicly traded on the Australian Securities Exchange and on the U.S. OTC (ASX:EXL, OTCQX: ELLXF). More information available at Elixinol.com.

Media Contact:
Blythe Tokar
MULTIPLY
202-292-4573
[e-mail]

Chris Husong
Elixinol
[phone] ext 420
[e-mail]

[aries4747]

Elixinol Stock vs. Charlotte's Web

https://www.nanalyze.com/2019/03/elixinol-stock-vs-charlottes-web-stock/

[starkd748]

True I agree...

[ANIA77]

The bottom is all 3 have to uplist to higher exchange to get $ volume that Canadians are getting

[starkd748]

I agree.... I just have no stomach for the 3rd one right now...

[ANIA77]

Yes, one of them may have issues but company is showing that they are working on issues so I think they are going to be OK at the end of the day.

[starkd748]

Im staying with the top two that other one has issues...

[aries4747]

That's a sweet trio.

[ANIA77]

Yes, pretty fair outlook on industry and opportunity ... this is why I hold all 3 US based CBD companies mentioned in this article long term.
10k of ELLXF
10k of CWEB
20k of CVSI ( I may shed 10k at some point here)

[aries4747]

Nope, no news. And no alert.

[Ihal]

Great day. No news? I saw asx last night.

[aries4747]

Excellent article I missed until today.

https://www.forbes.com/sites/alanjbrochstein/2019/03/10/investing-in-cbd-stocks-offers-opportunity-but-risks/#4aa84cf0bc42

[aries4747]

Thanks. Doesn't have the volume that accompanied alert, so I was just wondering.

[ANIA77]

I don't see any email. Nice spike though.

[aries4747]

Alert go out, ANIA77?

[aries4747]

ELLXF up 4.4% on ASX last night.

[DilJam]

All-you-can-eat 2.50s.. *I mean 2.20s here. Ready for liftoff!

[mick]

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ELLXF&insttype=&freq=&show=

[deadjim]

Trending up over 17 weeks since week of 10/29. last 3 weeks have been down. attempt was there for continuation but just couldn't make it with all the FDA attention (or lack thereof) on CBD and Elixinol is dependant on the US for most of their market. Not a whole lot of downside here but is a good one, and one of the few profitable pure CBD plays out there. all in my opinion, in case that wasn't obvious. : )

[Brutusmeatbone]

Why the recent tanking in s/p?

[Ihal]

I'm hoping cvsi gets approved to uplist soon. Should be a big catalyst for all 3.

[aries4747]

"Our Top 3 Hemp Stocks for 2019"

from ELLXF Twitter

https://thegreenfund.com/our-top-3-hemp-stocks-for-2019

[deadjim]

Well with my +.30c from my first trade and now I own it at -.20c I think I’ll survive for atleast a little bit longer

[DilJam]

How are those all-you-can-eat 2.50s tasting? At least you used the correct terminology in this post. You can call me a troll if you like but at least we all know to not listen to your advice

[deadjim]

this could very well be distribution and this is A top. cause if this pennant fails you'll most likely see 2s.

Yes I said pennant instead of flag : )

[deadjim]

yeah, and two of the most interchangeably used terms in price patterns. they're the same damn thing practically. good thing the internet has it all laid out for you, so you can tell me what my drawing actually is. now you're trolling for sure.

[DilJam]

Um that's a flag not a pennant. I'll attach a picture for you so you can see the difference.

https://goo.gl/images/eEMn6x

[deadjim]

I didn’t call 2.50s a bottom. Are you just trolling now? If you actually cared what I meant when I said “all you can eat 2.50s” you’d know that I’m staring at a blatant pennant and was a direct reference to the pennant. If the pennant is real you can add anywhere here. Starting from the 19th of feb to even this day today is all one formation. Let me know if you need me to me break out a chart to circle it for you. *edit actually I'll go ahead

This is how I'M playing it. You think I care if anybody agrees? Like I said, you are the only one to pull your triggers. Why bother arguing?

[DilJam]

I don't think you understood my point. You said a month ago that 2.20s would be a bottom (it actually ran down to 2.12, but u were close enough). Then it ripped up to 2.65 and pulled back to 2.50 and you called that to be the next bottom.. Wrong. My point is, a broken clock is right twice a day.

[deadjim]

Ok

[DilJam]

You sound ridiculous

[deadjim]

A bottom. It was a bottom. You don’t see that it ran to 2.69 after?? A bottom is not the same as THE bottom. Stop.

[DilJam]

I got your point.. You obviously think everything is a bottom. learn some TA

[deadjim]

It ran to 2.69. You missed my point. Later.

[DilJam]

Lol that was a month ago when it was AT 2.20. you must be a genius. And here come the 2.30s as I predicted last week when we were at 2.55. Learn charts.. as I said before, they can be very helpful

[starkd748]

I agree....The FDA are being assholes

[deadjim]

either way. you pull your own triggers.


deadjim Friday, 02/08/19 10:28:20 AM
Re: None 0
Post #
286
of 461
I’m looking at this 2.20s area as potential bottom.

[Itchy palm]

Thanks I’ll check it out

[aries4747]

Why Isn't CBD Legal Yet?

Last year’s Farm Bill was supposed to legalize hemp and its derivatives — so why is the FDA dragging their feet when it comes to federal regulation of the booming industry?

https://www.rollingstone.com/culture/culture-features/cbd-cannabis-pot-legal-fda-803567/

[aries4747]

More detail in this article.

https://www.news.com.au/lifestyle/health/greens-nsw-plan-to-legalise-regulate-and-licence-cannabis/news-story/e862e0a6598b12e4e36fec4688a2e42b

Greens NSW plan to legalise, regulate and licence cannabis

Australians in NSW could be legally allowed to buy, grow and smoke cannabis, if the Greens are successful in their plan to overhaul current laws.

Ben Graham@bengrahamjourno
news.com.auMarch 5, 20193:25pm

Should Cannabis be legal in Australia?

EXCLUSIVE

The Greens are set to announce a plan to legalise, regulate and licence cannabis for recreational use in NSW — which will allow you to own up to six plants and light up anywhere where it’s legal to smoke tobacco.

Within the first 100 days after the election, the Greens have promised to introduce a private members bill to legalise cannabis for recreational use as well as move for a parliamentary inquiry into legislation and the establishment of the NSW cannabis agency.

“It makes no sense to treat the consumption of cannabis as a crime,” said Greens MP and spokesman for Justice and Policing, David Shoebridge.
The Greens plans would allow you to grow up to six plants. Picture: Nathan Edwards

The Greens plans would allow you to grow up to six plants. Picture: Nathan EdwardsSource:News Corp Australia
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“We are wasting millions each year and missing out on licencing revenues that the state desperately needs. It’s time we stopped taking such a backward approach to a drug that over one-third of Australians have used.”

WHAT DOES IT MEAN IF IT PASSES?

The plan will allow anyone over the age of 18 to buy cannabis at retail stores with a requirement to produce ID.

You could grow up to six plants at home for personal use and consume it wherever it is legal to smoke tobacco.

The Greens says its plan will generate an estimated $200 million per year in additional revenue for the State Government by a mix of licencing fees, GST and savings on criminal justice spending.
David Shoebridge says weed legalisation would pump $200 million a year into the state’s coffers. Picture: Monique Harmer/AAP

David Shoebridge says weed legalisation would pump $200 million a year into the state’s coffers. Picture: Monique Harmer/AAPSource:News Corp Australia
Ads by Kiosked

This money will be invested in public infrastructure like schools and hospitals with $75 million allocated to drug and alcohol treatment programs across the state, especially focused on regional and rural areas which currently have no such services.

A further $25 million will be allocated to prevention and harm reduction programs in high schools across the state, focused on high school children and young adults.

‘EXPENSIVE FAILURE’

The Greens argue that the war of drugs is an expensive failure, meaning we need a new, “realistic and evidence-based approach” to drug policy, that reflects the “reality of people’s lives”.

The party says that cannabis is currently manufactured and distributed by people in breach of the criminal law — such as crime organisations and outlaw motorcycle gangs.

It argues that legalising, regulating and licencing cannabis for adult use in NSW would remove criminals’ revenue streams and prevent people coming into contact with illegal drug dealers wherever possible.

“No one is saying that cannabis is without any harmful effects, however making it illegal does not magically make it safer, in fact it does the opposite,” said Mr Shoebridge.

“By making cannabis legal, consumers can be certain of the concentration and quality of the product they are using, can be assured it meets minimum health standards and can be given accurate information about its likely effects.”

He added that Australia currently regulates and licences alcohol at a state level, so it would be possible to do the same for cannabis, and it would also take a significant burden off the state’s police force.

In Australia, cannabis arrests account for the largest proportion of illicit drug arrests. In 2015-16, there were almost 80,000 cannabis arrests. Of these arrests 90 per cent were consumers.

“Each year thousands of people needlessly come into contact with police and the courts for using a drug that’s legal in many other places around the world,” Mr Shoebridge said.

“It’s time for a commonsense approach that would generate revenue that we can spend on harm minimisation and prevention as well as public infrastructure like schools, hospitals, parks and libraries.”

CURRENT LEGALISATION APPROACHES IN OTHER COUNTRIES

Other countries around the world have already moved to legalise cannabis. In the USA, nine states (Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, Vermont, and Washington) as well as the District of Columbia have moved to legalise cannabis. Legal cannabis is available in Spain, Uruguay and Canada.

In Uruguay, early data shows that drug-related crime has dropped 20 per cent since cannabis became legal in July 2017.

Early evidence from the US appears to point to a reduction in alcohol consumption, violent crime and prescription opiate overdoses.

WASHINGTON, USA

Over 21s can buy up to an ounce. Cannabis can only be sold and purchased at state-licensed retail stores.

CANADA

Adults can buy from government, private or online retailers

In some jurisdictions use is permitted in private residences and in public spaces where tobacco is permitted.
In Canada use of cannabis did not increase after legalisation. Picture: AFP

In Canada use of cannabis did not increase after legalisation. Picture: AFPSource:AFP

In some jurisdictions, users can grow plants at home.

URUGUAY

Adults can buy up to 40 grams every month from approved pharmacies.

Users must register with authorities and have their purchases tracked.

Registered users can set up smoking clubs of anywhere from 15 to 45 people to grow marijuana. These cannabis cooperatives can plant up to 99 plants in the same space.

SPAIN

Shared consumption allowed via cannabis social clubs, (not for profit associations, democratically operated by its members).

[aries4747]

Lots of embedded stuff in the link, but here's the article.

https://www.dailymail.co.uk/news/article-6772641/NSW-Greens-announce-radical-new-plan-legalise-regulate-marijuana-state-parliament.html

High time for a law change say Greens: Australians will be able to grow up to six plants in their homes and smoke in the street under the party's new plan to legalise and regulate marijuana

NSW Greens propose private members bill to legalise and licence cannabis
Will allow users to grow up to six plants at home and buy the drug at retail stores
MP David Shoebridge says it makes no sense to treat consumption as a crime
Party plans to introduce a private members bill within 100 days of state election

By Kylie Stevens For Daily Mail Australia

Published: 07:21 EST, 5 March 2019 | Updated: 10:06 EST, 5 March 2019


Recreational cannabis use could become legal in New South Wales under a radical new plan by the Greens.

The party has vowed to introduce a private members bill to legalise, regulate and licence cannabis within the first 100 days of parliament after the March 23 state election.

If passed, the bill will allow cannabis users to grow up to six plants at home for personal use and consume the drug wherever it's legal to smoke tobacco.
The NSW Greens have unveiled a radical new plan to legalise, regulate and licence cannabis
+4

The NSW Greens have unveiled a radical new plan to legalise, regulate and licence cannabis

They will also be able to buy cannabis at retail stores if they're over the age of 18 and can produce identification.

'It makes no sense to treat the consumption of cannabis as a crime,' Greens MP David Shoebridge said in a statement provided to Daily Mail Australia.

'We are wasting millions each year and missing out on licencing revenues that the state desperately needs. It's time we stopped taking such a backward approach to a drug that over one-third of Australians have used. We regulate and licence alcohol at a state level and it's about time we did the same for cannabis.'

'It makes no sense to treat the consumption of cannabis as a crime,' Greens MP David Shoebridge (pictured) said
+4

'It makes no sense to treat the consumption of cannabis as a crime,' Greens MP David Shoebridge (pictured) said

The Greens will also move for a parliamentary inquiry into the legislation and the establishment of the NSW Cannabis Agency.

It's estimated their proposed plan will generate $200 million a year in additional revenue for the NSW government, which the Greens want invested into schools, hospitals and drug and alcohol treatment programs, particularly in regional and rural NSW.

The party proposes $25 million also will be allocated to prevention and harm reduction programs in NSW high schools.
Cannabis users to grow up to six plants at home for their personal use under a private bill proposed by the NSW Greens (stock image)
+4

Cannabis users to grow up to six plants at home for their personal use under a private bill proposed by the NSW Greens (stock image)
Video playing bottom right...
Click here to expand to full page

'No one is saying that cannabis is without any harmful effects, however making it illegal does not magically make it safer, in fact it does the opposite,' Mr Shoebridge said.

'By making cannabis legal consumers can be certain of the concentration and quality of the product they are using, can be assured it meets minimum health standards and can be given accurate information about its likely effects.'

There has been a divisive reaction on social media to the news.

'It's about time, but this requires some public education on the true effects of prohibition to get through the wall of assumptions in association to mental health,' man posted on the NSW Greens Facebook page.
The legalisation of cannabis (stock image) could generate up to $200 million a year in revenue for the NSW government, according to the NSW Greens
+4

The legalisation of cannabis (stock image) could generate up to $200 million a year in revenue for the NSW government, according to the NSW Greens

Another added: 'I fear the 'legalisation' in Australia will only turn profits of an existing industry over to big business and make it less affordable in the process. I am hopeful but not confident in any thing beyond that.'

Legal cannabis is available in Spain, Uruguay, Canada and nine US states.

'Each year thousands of people needlessly come into contact with police and the courts for using a drug that's legal in many other places around the world,' Mr Shoebridge posted on his Facebook page on Wednesday night.

'It's time for a commonsense approach that would generate revenue that we can spend on harm minimisation and prevention as well as public infrastructure like schools, hospitals, parks and libraries.'

[DilJam]

Nah. U keep saying that it's about to take off but with this dried up volume it'll probably drop into the 2.30s soon. That's where I'll be reloading. I guess we shall see

[Ihal]

https://t.co/7otoCIsXN0

Is New South Whales about to legalize recreational cannabis?

— Focused Trades (@TradesFocused) March 6, 2019

Could New South Whales legalize rec?

[Itchy palm]

Definitely invested here and elsewhere so many plays with this industry starting to take off we have to weed out the pretenders and find the good ones GLTA

[aries4747]

Thanks for the post, itchy palm. Hope you had the time to take a good look at ELLXF. Lots to like, IMO.

[aries4747]

Industrial Hemp: Frequently Asked Questions

New blog post from ELLXF website

https://www.elixinolglobal.com/site/blog/industrial-hemp-frequently-asked-questions-faqs

[Itchy palm]

Being in business for 25 years in 3 successful companies. One of my rules was to reinvest. Definitely more in the 1st 2 to 3 years to build a solid base and of course many many hours of work. Do that and the profits will come for years patience pays off. I like what are ceo is doing the future here could be big! GLTA

[Ihal]

Yes!!!