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$FIORF expanding into Colorado! Huge news!
https://finance.yahoo.com/news/fiore-cannabis-announces-agreement-acquire-110000724.html
CEO hinted at good news coming by months end (APR)
Kind of surprised they only got $1M or so for that cultivation license. But it sounds like, the license is only good for use on their property, thus it looks like this partnership is actually a merger?
Because you know
the low down. Ask Eric what the hell they are doing now.
Check out the latest video from Erik Anderson of Fiore
January looked good. Great NR today. New management has the grow rooms humming along, has the demand for product and has cut costs. Great start to the year and well into their Business Plan of cash flow positive in Q1. Great work to Erik and the team!
It's January. If they start being cash flow positive........as they mentioned and reach the numbers they are projecting then $1 is cheap
No surprises guys. CEO said cashflow positive by Q1 and I believe they are there. Dispensary made money in January as per today's release and I think when I spoke to the company they said they will be updating crop sales as well and that targets were met. Cleaning up the balance sheet and moving forward!
Nothin that’s why nothing is happening the new board said when they talked to me they would have it north of a buck in a year not sure if they know their directions
I'll admit I was surprised to see the share price jump from around $.05 US to the current level and has been holding here now for a while.
If their small LV operation can show profitability, then I think they will announce news about expanding the LV site.
Whats gonna make the Fiore brand a standout from all the others?
Are you the new pump they hired? This stock is a disaster. Poor decisions and fraud too. Change their name so many times now I don’t know what they look like. Stay away!
Great piece about the company. Follow their Youtube Channel
Still holding my bag of shares. Maybe they can still make it. Obviously they need to expand that 10,000sq ft facility in sync with return of tourism to Vegas. Another large NV company with 455,000 sq ft facility having major debt issues (FLOOF)
Wow, things must be looking up as the negative guys are back who wished they could have bought more paper cheaper. Insider reports are readily accessible fellas! No insider selling. Someone playing games, I would agree with. Crops have come off and I understand there will be news on it. Also hearing news coming about Celista. Team has done a great job cleaning up from previous management mis-doings. Always nice when current management actually wants to build a company and follow through. Great job to Erik and the team!
Guess who's back. Whats up Sav? Where is your buddy LND. You just got to play the game, till it takes off, it ever. Sell at 17 buy it back at 12 and repeat, just like the insiders. good return. Lol
LMAO, I can't believe this scam is still trading.
Everyone look at the last buy order. 100 shares. Someone is selling someone they know 100 share for cheap just before US close to push the price down. Someone on the board needs to check into that, if its not the board or a little insider bullshit. Hum.
Everyone look at the last buy order. 100 shares. Someone is selling someone they know 100 share for cheap just before US close to push the price down. Someone on the board needs to check into that, if its not the board or a little insider bullshit.
I like the updates. Sure sucks that the stock price is being manipulated constantly. I meany realy people buying $10 to $15 worth. Hell the trade fee cost more than that. Come on management get this joint rolled.
Great Video showing what is happening. Prior day the Stifel Analyst said a 20X multiple for USA cultivators....Erik says $10 mil USD so that is a $200 mil market cap USD. We are currently at about $20mil USD........upside.........yup!
https://www.bnnbloomberg.ca/investment-trends/video/inside-fiore-the-cannabis-company-combining-the-market-potential-of-two-crucial-states~2109440
Great article in the Canadian media today!!
https://www.bnnbloomberg.ca/why-a-rapid-change-is-on-the-horizon-for-american-cannabis-1.1537351
Citation Growth Corp., CGOTF, changed to Fiore Cannabais Ltd., FIORF:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Thanks for the post. Like the name change, this time it makes sense to me. Vaccine news helps tourism too of course.
So, I picked up the phone and chatted with the CEO to clarify (as I have advised many to do) and the company still has 1 organic certificate. They are also on of the only organic living soil cultivators in Nevada and have upgraded their genetics library to offer higher THC strains which are in high demand in Nevada (especially for the weekend partiers in Las Vegas) and will still receive top dollar for their products. Should be noted that the company is also cash flow positive starting the end of January
As well, the company is growing in "Organic living soil" You claim to be in the know, but evidently haven't been allowed to the facility in awhile or you would have known that.
Haha
So the company has organic cannabis "strains"? That is another glaring misnomer, proving again that surfboards are just like cannabis!
Cannabis strains are not organic. The cultivation method determines if it qualifies as organic. Also, you may want to be careful making that association in public press releases as "Organic" is a federally controlled label and is not permissible in the federally illegal cannabis industry...but I am sure the director of cultivation knows that.
I was told by the former grower that the 3 cannabis certifications were all lost due to a shift in growing methods...can you tell us which certifications the company still maintains to prove 3rd party organic cultivation?
Also, the guy that came up with the Fiore name and logo still hasnt been paid for the work performed...
Citation Growth Corp. Announces Name Change
Kelowna, British Columbia – November 4, 2020 – Citation Growth Corp. (CSE:CGRO) (OTCQX:CGOTF) (“Citation” or the “Company”), a licensed multi-state cannabis cultivator, producer and retailer, announces that pursuant to a Director’s Resolution, it will change its name to Fiore Cannabis Ltd. and trade under the ticker symbol “FIOR” on the Canadian Securities Exchange (the “CSE”). The CSE will publish a bulletin announcing the effective date of the change and it is anticipated that the common shares will begin trading under the new name on or about Tuesday November 10, 2020. The CUSIP number assigned to the Company’s common shares following the name change is 31811L107 (ISIN CA31811L1076). The Company’s listed common share purchase warrants, expiring January 31, 2021, will begin trading on the CSE under the new trading symbol “FIOR.WT” with the new CUSIP 31811L115 (ISIN CA31811L1159).
Erik Anderson, CEO of Fiore, stated: “As the company continues to make great strides in our efforts to evolve the company in line with our vision of ‘moving forward,’ management and the Board of Directors felt it was prudent to update our corporate identity in relation to our strong branding in the Nevada market. Fiore is an award-winning flower and the crown jewel of the corporation. Our proprietary cultivation methodologies at our North Las Vegas Apex facility maximize the potential for our unique genetic library of organic cannabis strains and produce a retail product that garners a market premium. Being a premium organic producer in one of the biggest markets in the U.S. positions Fiore well for growth into 2021 and beyond. We have installed full spectrum LED lighting from Fluence in the facility and are eagerly looking forward to increasing supply of a highly sought-after product in the Nevada market.”
No action is required to be taken by shareholders with respect to the name change. Outstanding share and warrant certificates are not affected by the name change and do not need to be exchanged.
About Citation Growth Corp.
Citation Growth Corp. (CSE:CGRO) (OTCQX:CGOTF) is a publicly traded company that has been investing in the development of medical and recreational cannabis products since 2014. Citation has expanded its operating portfolio to include cultivation, production and retail offerings in our key North American legal jurisdictions Nevada, California, Washington and British Columbia. For more information, please visit www.citationgrowth.com.
For Further Information:
Erik Anderson, President and CEO
1-877-438-5448 Ext. 713
eanderson@citationgrowth.com
Oh J-D you are funny. All 5 posts you have made about this company have been so mis-informed it is not even funny. I AM NOT HUHN. I get my information by picking up the phone and speaking to Erik.........like any other shareholder can. I can also say like LIVETOM that I have been to every facility this company owns. I can also say I have been a shareholder since 2016. I can say I have a very large position. I am simply here to tell the truths and counter the lies, with proof, that others spew. If you were on the AGM call then you realize that everything Erik said he was going to do, he has done. Yes previous management definitely did some stupid things.....100% AGREE. That is all being fixed. Like most cannabis companies now we have someone who is an operator and not a promoter. Like many other companies out there they are getting stuff done and treating this like a real company. So, if you are that dissatisfied with what is happening, then by all means please private message me and i will gladly do a cross for you. I'm sure with all 5 posts you have made that you must have at least a little paper and not just some cranky troll in the back room.
I'm sure you are 100% correct.
LiveTom
If you think Linda and Brian were con artists, lets back up and look at Huhn! He took what...~80million preconsolidation shares, on a "fully funded" deal:
https://www.prnewswire.com/news-releases/marapharm-ventures-inc-announces-a-fully-funded-operating-agreement-with-full-spectrum-medicinal-inc-fsm-and-updates-shareholders-on-its-health-canada-acmpr-application-300699860.html
All sorts of wonderful 'proprietary' technology that would revolutionize the game?!?! And how much revenue did they deliver? $0. I was told they died on the vine after several million went out the door...so much for fully funded...but that con artist walked away with millions!!!! of shares and now he has been demoted from the board to run cultivation? Thats fishy...
Coyoteugly is probably Huhn!!! What other shareholder would cheerlead for that criminal... What value did the stock or shareholders get for 80 million shares!!!
We have seen too many fluffy press releases from this crowd about all these potentials...they really must be scrambling up there to put out news...nothing about immediate value...its always sit around and wait with this company...
Got to admit it looks a little funny. You have been here for a year with 30 post. I have been here for
Over three years and have been behind this Company 100 % in spirit and in cash. And I know alot aswell and have been to all three facilities counting glp. Im behind the companie and have been avriging down myself. Im with what you are saying, however you can not discount nothing that JD has said and you do appear to be a new cheerleader we have no Idea. Long and deep was deep alright with all the bull he had someone else post about how Nilda was a founder of ACB. So we will just have to see. Go citation. Ps Raheem fucked every share holder hard he turned the keys over to Howard without one signature. I hope Huhn does know how to grow, we will find out but the first grow team were know joke as you are implying. I want them to do good but I don't trust any of them. I'm from Missouri. FSM joke. Advanced technology growing methods agin Show me. And last but not least let's not forget these con artists
I am not an insider, however, if you pick up the phone and call Erik I know he will speak to you. He will also tell you that there are financings in the works to cover off the AP. As for the grower you refer to and the previous grower, the lights are on him. Funny how we did get all new lights and all the old lights go back under warranty. The Cannabis Cup strain is being played on, stay tuned is what I am told on that. As for Cali, $10k a month profit is more than most are making at this point. As for the debenture holders.........once again stay tuned as I actually know some of them and I hear there is a deal being made. So instead of just spewing anger and hate, why don't you pick up the phone and call Erik.
Well you must be an insider...to have all this knowledge, or maybe just the new cheerleader since longanddeep couldnt stick around either, he finally must have wised up?
Its hard to fault the prior team when they had no money to replace lights...how do you know they did nothing about it? I actually helped them get a quote from multiple lighting vendors but the company had no money to buy them...and I also heard no money to buy opex.
These arent 'lies'...they are accounts from the people that worked there, people that worked overtime and holiday and were not compensated. People that used their own money to buy opex and were never reimbursed.
And not to mention the damage done by ACC (which your wonderful Richard approved no doubt)!? Amidst all the chaos, which I heard daily updates about, how can you say the grower didnt know what he was doing, he won a cannabis cup, 1st place!! with Howards goons on his back trying to steal genetics...the fact that the company hasnt capitalized on that is another failure.
Haha you must know as much about 'growing surfboards' as the new guy...
I hope you and your new team can turn it around...but there is already a lot of damage done to people. Just don't see how something 8-12 months in the future will help now...how many more months can they live on the 10k per month the Cali dispensary makes? How much money will be left when celista money is paid out to keep payables and other bond holders happy?
You are funny, the hits keep coming. Check your facts on Huhn. He is doing his job and the other facts you better once again be careful before you spew lies.
Well you must live in Vegas or be a disgruntled employee as you seem to know the "previous grower" For the record ALL rooms have the new lights and crops start coming off in January I believe. As for an employee not getting paid bahahaha, maybe he should have done his job better. There are always 2 sides to the story. Maybe you should call the CEO and CFO and get your fact correct before spewing your hate on here, or better yet, average down or cover your short because management is doing exactly what they said they were going to do and were going to do. As for A/P no one is denying that, look at financials. There will be lots of cash from sale of Celista and other initiatives, so once again, check your facts.
Wow J-D did you lose money? Can I buy you some cheese for that wine? Like wow dude you are sadly misleading people with your facts so let me help you out.
1. The new CEO has a surfboard company that he "turned around" I am pretty sure that is the surf board comparison as Citation is also a "turn around"
2. The CEO has been part of other Cannabis deals, so this is not his first rodeo. The unfortunate part is he is the 4th CEO coming in and was left with debt and a mess. The first grower at APEX was a problem. Everything from not great crops to letting lights burn out and not doing anything about it. Unfortunately he also corrupted the 2nd grower in my opinion. The grower out there now has more knowledge than the first 2 ever did.
3. Cali dispensary has been showing solid growth as per updates. Making the comments you do without any proof is a big mistake. The company financials are audited if you recall
4. The micro deal and the retail deal leads us to a cash flow positive situation even quicker. It also helps both our top line and bottom line without an outflow of cash. Once again, read the releases. As well, Celista is closer every day.
5. This company is ran lien and is cleaning up past messes, so before you bitch and complain, why don't you actually average down and make some money instead of wine about share prices.
Lost cause
This company has made tons of bad decisions. I know several of the people who worked here and actually bought the stock because of one of them.
I have heard all the inside workings... mismanagement, bad decisions...but you have to look at the board...they are almost non existent. Huhn was a soft bellied 'yes' man who led the charge along with Leblanc to solidifying the ACC deal...all with greed in mind. rahim was a crooked, insolent leader. Did nothing...but put in charge by huhn and his 'family' network
I was told that the new CEO compared growing cannabis to making surfboards...
Take a minute on that...you want someone that doesnt understand agriculture to run an indoor ag business?
Divest...move on. The cali dispensary is another issue...that place should be making way more money. Word on the street is the manager buys her family's weed at a super Markup, and they push her untaxed cash on the back end. Black market deals people...
And whats next another year or two before these new 'micro' and retail deals in canada even materialize?
Watch your executives continue to take from the treasury and dilute as they sell share to compensate for the lack of revenue...
I see leins, lawsuits and more trouble ahead...