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Haven't sold a share. Still here... just been taking a break from the board while I wait for my investment in OWCP to mature. Been doing some swing and day trading in crypto for fun while passing the time.
Hearing people freak out and bash OWCP for doing what they said they were going to do just because its not in a flipper ideal timeline got really old. After OWCP released their timeline and outline of steps I and many other longs know there is nothing to worry about and that right now is the best time to be in as much as you can afford to be. We won't be seeing these prices after the next few months are done. For myself I have all the OWCP I need to own to drastically change the timeline on milestones within my life. If it takes an extra month, quarter, or year I don't really care as long as we are making our milestones relatively on time.
Practice patience, stay calm, OTC is a wild ride but good companies with sound and protected IP prosper. I firmly believe that OWCP's silent period has allowed them to devote much more time to accomplishing key objectives and that there are many accomplishments which will be communicated in the near future. JMO
Super nice, indeed. Look at the heavy volume, too. Volume before price!! What short week between Christmas and New Year's??
$OWCP
Agree very nice close.
What I sold was a small part of my position. I'd be thrilled if it actually cost me more than what I'll gain in taxes when I repurchase in late January, as I'll have made a lot of money. In the meantime, the stock I own is currently in the black about a dime, so I doubt if I'll ever sell any more for tax benefits.
I really expect the big growth in the share price will come once it's announced that sales will commence, or have commenced anywhere in the world. I do not expect that until the safety trial ends in the first quarter, and I doubt it will come in January. I do expect we'll hear something new when the company speaks at the Wall Street Conference, but that's late February, and I'll have repurchased my shares well before then.
I agree that January should be positive for the cannabis sector because of so many State's coming on line, especially California, but the greatest growth will be in companies actually selling product. OWCP's future is in developing products and having others sell them. The beauty of what they're doing is the fact that in time their products will be sold worldwide, whereas most cannabis companies are working in specific places and will never sell to the world market. OWCP may never sell a product directly to a consumer, but with even a small royalty percentage for everything they've developed that's being sold could make far more money than any of the major cannabis companies that do sell directly to the consumers.
Studies will show how effective the OWCP products are, and I'm sure they all will have their niche, but I believe the cream will be huge for skin diseases, and the sublingual tablet will have many applications. The other products I've read about seem to me to have a lesser demand, but certainly could be money makers. I especially like the sublingual tablet because it provides an effect over a substantial period of time, whereas something like the nasal spray would be far more instantaneous.
I have no real knowledge that this is the fact, it's JMHO.
Gary
green day ... tomorrow, double green$$$$$$$$$
Before long major Pharms will be looking to jump on board it’s only a matter of time and OWCP is set right up for the present PPS to become history.
This is headed to dollar land, hope your tax savings will justify the gains lost from the most epic MJ bull market the US has ever seen
I've just sold a small portion of my stock for tax loss purposes, but I was very surprised to find a partial fill that took a very odd number of shares. I don't know why anyone would purchase 2313 shares, but that's what sold. The remainder has now sold, but question why the MM's deal in such increments. This purchase had Knight as the MM.
I would hope that at the end of January I will be forced to pay some more in buying back the stock, but I believe the tax gain will prove worth it, and it wasn't a major part of my holdings.
Frankly, this was the first time I've sold a specific lot of my shares and I found that selling a specific lot was quite easy through Fidelity, and I'm sure it's similar elsewhere. The law still permits selling specific lots, rather than FIFO, so if you have purchased share at a variety of prices, I'd urge anyone to find the highest priced shares they've purchased and consider if they'd give them a tax loss they could use. In my case they exceed the $3000 I can take in a year, so it works nicely for me.
Gary
Marijuana
Finally: War On Medical Marijuana Ends As Feds Lift The Ban
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admin
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December 24, 2017
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Eighty-five years ago marijuana was banned by federal statute and in the 1970’s marijuana was classified by the federal government as a controlled substance – drugs designated illegal, which could only be illicitly obtained. These drugs were often demonized as habit-forming associated with less desirable folks with addiction issues – not contributing to society – and the focus of the morally misguided failed federal ‘War on Drugs’. Interestingly, in 2013 according to a Gallup poll, for the first time some 58% of citizens supported legalization, yet marijuana is still on the federal controlled substance list alongside dangerous drugs such as heroin and meth. However, the use of medical marijuana has been approved by 23 states and the District of Columbia to help minimize the side-effects of diseases ranging from nausea and glaucoma to cancer and HIV/AIDS; used to treat ailments like multiple sclerosis and to help with chronic pain – but it was still banned on the federal leveluntil a provision that lifted the ban was “quietly placed in the recent spending bill” passed by Congress last week.
Despite the legalization of medical marijuana in these states and recent studies showing that it is not a gate-way drug – a drug the use of which leads to the use of other more addicting drugs – the federal government had retained the right to raid and harass medical marijuana dispensaries and prosecute their owners. This new legislation is a turning point in how the federal government views medical marijuanaand it had vigorous bi-partisan support.
Representative Dana Rohrabacher (R-CA), one of the bill’s co-authors commented:
“THIS IS A VICTORY FOR SO MANY. THE FIRST TIME IN DECADES THAT THE FEDERAL GOVERNMENT HAS CURTAILED ITS OPPRESSIVE PROHIBITION OF MARIJUANA”
On this historic move by Congress, Representative Sam Farr (D-CA) said:
“THE FEDERAL GOVERNMENT WILL FINALLY RESPECT THE DECISIONS MADE BY THE MAJORITY OF STATES THAT PASSED MEDICAL MARIJUANA LAWS. THIS IS A GREAT DAY FOR COMMON SENSE BECAUSE NOW OUR FEDERAL DOLLARS WILL BE SPENT MORE WISELY ON PROSECUTING CRIMINALS AND NOT SICK PATIENTS.”
This is a huge deal because up and until recently, Republicans have long been against any type of marijuana legalized, while Democrats have been in favor of relaxing the law. Fortunately, enough Republicans voted for the bill. Some have argued that the Republican change of heart is motivated by trying to lure the millennial demographic, “since the legalization of marijuana is a big issue with the millennials, So Republicans are now starting to ease up on their anti-marijuana rhetoric.”
It is also legal to fully purchase marijuana in four states for reasons other than medicinal use, but its full legalization is still prohibited by federal law. Bernie Sanders, who had sponsored legislation supporting states’ rights to legalize marijuana for medical use more than a decade ago, became the first candidate to endorse the full legalization of pot during the Democratic debate in October. Sanders rightfully seesour criminal justice system destroying too many lives by disproportionately mistreating non-violent drug offenders:
“I AM SEEING IN THIS COUNTRY TOO MANY LIVES BEING DESTROYED FOR NON-VIOLENT OFFENSES. WE HAVE A CRIMINAL JUSTICE SYSTEM THAT LETS CEOS ON WALL STREET WALK AWAY, AND YET WE ARE IMPRISONING OR GIVING JAIL SENTENCES TO YOUNG PEOPLE WHO ARE SMOKING MARIJUANA. I THINK WE HAVE TO THINK THROUGH THIS WAR ON DRUGS…WHICH HAS DONE AN ENORMOUS AMOUNT OF DAMAGE. WE NEED TO RETHINK OUR CRIMINAL JUSTICE SYSTEM, WE WE’VE GOT A LOT OF WORK TO DO IN THAT AREA.”
This is no doubt a turning point in legally allowing the use of pot to help people with legitimate medical needs for which the use of medicinal marijuana has been shown to provide relief. Perhaps, with the public in favor of full legalization of pot and politicians starting recognize how insidious it is to incarcerate non-violent drug offenders – principally people of color and minorities – full legalization is just around the corner.
$OWCP The pps is flirting with the HOD. Been a very nice day pps-wise and volume-wise. Not bad for the first trading day of the short week between Christmas and New Year's. People know a bargain when they see one; doesn't matter what week it is.
Yes starting with California in January. I'm diversified in a lot of marijuana stocks. Looks like 2018 is going to be fun.
I've used compounding pharmacies for a few of the drugs I've needed and while they're expensive, as they're not generally covered by insurance, but they seem to produce a quality product at a price that's still affordable. I don't know if our products will ever be taken to that precise a formulation. Rather I suspect that our cream, sublingual tablet's, etc will eventually be available in a variety of formulations and strengths, but it will take time to happen.
I do know that when it comes to things like I.V. chemo, etc. body weight and many other things are factored into the dosage. I would suspect that for many of the over the counter drugs we take body weight could be considered in how much to take, but for most of us at reasonably normal weight, the suggested dose is probably adequate. I would think that Doctors who have dramatically overweight patients would tell them if higher doses are needed to be effective for them. When it comes to prescription drugs, Doctors generally have many dose choices for the same drug, and of course they can also specify how much to take in a given day.
Gary
Nice to hear from you GG..Thought you left us..Hope your right on the listing..GLTU..LONG AND STRONG OWCP
OWCP was in Canada finishing up details of the listing the second week of December (see twitter post location). For ease and because of the holiday it's the first full week back after the new year. (Usually sell offs end of year and buy backs first part of the year in markets because of taxes). Just the most logical time. We know the timelines say listing now. I can understand the decision of wait to the start of the new year and it would also give a month and a half before the wall street conference which would be adequate time.
Wish I could say... because the chairman or someone on the leadership team said so but that would be insider trading and OWCP leadership is to smart to allow for that to occur and jeopardize what they have been working on (And their personal incomes since they are paid in stock)
anything behind that date?
I am thinking we hear about cross-listing on 1/8/18 to TSX which only adds to the bright future of OWCP.
Huge bids on L2 and no one wants to sell!!!
$OWCP
It is an interesting topic, Gary.
The challenges of formulating appropriate and effective ways of delivering medicines/drugs to serve a range of specific needs to patients is greatly lacking. There's much work in this area. The highly inadequate approach of dividing by age (adult/minor), for example, even in relatively safer meds say like aspirin, is too simplistic.
For many drugs, wouldn't it be better to take into account say the users weight, metabolism, tolerance, any specific situation and condition(s) not be taken into consideration, for instance. Making drugs easily accessible to large portions of the population is simple and good for business and profits. Yet, it opens the door for harm and damage to health besides dependence and addiction.
Would anybody really want to be left out going into the new year with not being invested in the cannabis space. The industry is ready to explode with Cali and Mass going rec. In past years we have seen these stocks going crazy with other states going medical or rec. but Cali and Mass. These are huge economies. We have never experienced such tremendous opportunity/potential which will happen. - Jan. 1, 2018.-Not to mention Canada in July. Sessions looks like he’s not going to touch the space. Don’t think anyone can touch this snowballing effect or it would have been derailed already.
Get ready folks the show is starting. Record highs for many companies coming in the cannabis space. Come get your tickets for the show. — a marvelous show it will be. 2018 will make many millions for cannabis investors. Especially the ones who have research/data and a clear pathway such as OWCP. This will be a very exciting ride. I? have my tickets. The train is leaving the station. Long and strong here. Cannabis cures!
#cannabiswins
#OWCPwins
updated . OWCP MULTIBAGGER$$$$$
This brings up an interesting thought. Is it possible that the sublingual tablets will be available from essentially a compounding pharmacy with precisely the formulation a doctor prescribes, or the mix requested by the user.
I'm not suggesting that this is the case, I've always believed the tablet should be available in a variety of formulations eventually, though initially it would probably be a single formulation that the company believe would have the greatest overall appeal. In that the users of the tablet will come in all weights and sizes, and with a great variety of reasons for using it, it only makes sense that ultimately it should be available in a variety of forms.
Gary
I hope so but most importantly will be the steady stream of events and accomplishments that will occur 2018. :)
January is going to be a doozy. Green month.
Did you call TA agent recently?
Interesting and remarkable:
"This tablet also allows physicians to accurately and safely monitor and gauge the treatment and dosage of each patient, something that is mainly impossible to do for subjects who get cannabis by smoking. OWC Pharmaceutical reported that the Cannabis Tablet offers numerous benefits. It offers a delivery modality which evades all the detriments of smoking regular tobacco items, including the general harm to the respiratory system and peril of lung cancer."
Sounds like fun brother. Watching OWCP from Park City, Utah. I have a feeling their sublingual tablet is gonna be big. Accumulation mode....on.
OWCP
Watching OWCP here from the beach in Mexico dam she looks good !!
moving back up nicely! tablet news and whole sector movement will ignite this rally big time in the coming weeks imo!
$$$OWCP!!!
And another one :) Nice slaps at .43!!!
Good idea to grab a seat here and get comfortable ;) OWCP
Great NEWS! Thanks for sharing! This will have MUCH LARGER market for OWCP!
OWC Pharmaceutical Research Corp (OTCMKTS:OWCP) has obtained a new license from the Israel Medical Cannabis Agency to advance with the safety trial of its oral disintegrating tablet. The trial protocol will be filed to the Institutional Review Board at a major Israeli academic hospital in the imminent weeks. The trial is planned to begin in Q2 2018.
The details
In 2016, OWC posted that it had concluded the advancement of a CBD-based sublingual tablet for the administration of medicinal cannabis. The tablet comprises a smoke-free option for patients utilizing medical cannabis. The know-how behind the Tablet is protected and offers for the ingestion of almost any dosage of medicinal cannabis with a sublingual delivery system, whereby the compounds are taken directly into the subject’s blood via the oral epithelial tissue.
This tablet also allows physicians to accurately and safely monitor and gauge the treatment and dosage of each patient, something that is mainly impossible to do for subjects who get cannabis by smoking. OWC Pharmaceutical reported that the Cannabis Tablet offers numerous benefits. It offers a delivery modality which evades all the detriments of smoking regular tobacco items, including the general harm to the respiratory system and peril of lung cancer.
The sublingual tablet will be used primarily for chronic pain subjects suffering from ailments such as neuropathic pain or Fibromyalgia and PTSD patients. This tablet melts within the mouth enabling it to get via the oral mucosa and hence skips the initial pass via the liver and has a rapid response time than regular pills or tablets.
Expressing on this achievement, Dr. Yehuda Baruch, the Director of Research & Regulatory Affairs at OWC Pharmaceutical, expressed that they considerably look forward to launching this breakthrough tablet to the market post completing their testing. The preliminary data with the tablet have been extremely promising and they are thrilled to offer people suffering from debilitating chronic problems with effective non-opioid solutions.
http://mmjreporter.com/owc-pharmaceutical-research-corp-otcmktsowcp-gets-a-new-license-33543.html
And here comes a new HOD!
$OWCP
Cannabis Sector seems to go up lock-step every year exactly at this time! Smart investors are re-balancing their portfolios and retirement account deposits get more dough for stocks like OWCP - IMHO.
I love it!
TappyS
The cannabis sector is up BIG TIME so far today. A lot of enthusiastic buying in the sector. OWCP should be going to .43-.45 at least.
Gary,
As you may know by now, I usually do not speculate about the price or date for any major event. I only replied to a comment about January with the word "could" to keep that a possibility which very well could be.
I am confident about the $OWCP 1st quarter and beyond in 2018 too.
***********************************************************
My quote: Indeed, could be a very exciting month for OWCP!
Quote I replied to:
MONSTER January is coming quickly ;) OWCP
Mordechais son in law is buying more shares. He's scooping up all he can
Agreed, the volume is very good considering today is the day after Christmas.
$OWCP
$OWCP is moving up nicely, on heavy volume, on this news.
Gwph over $130, owph $3 ??
HEALTHOWC Pharmaceutical Research Corp (OTCMKTS:OWCP) Gets A New LicensePublished 6 hours ago on December 26, 2017 By Chris Mann
OWC Pharmaceutical Research Corp (OTCMKTS:OWCP) has obtained a new license from the Israel Medical Cannabis Agency to advance with the safety trial of its oral disintegrating tablet. The trial protocol will be filed to the Institutional Review Board at a major Israeli academic hospital in the imminent weeks. The trial is planned to begin in Q2 2018.
The details
In 2016, OWC posted that it had concluded the advancement of a CBD-based sublingual tablet for the administration of medicinal cannabis. The tablet comprises a smoke-free option for patients utilizing medical cannabis. The know-how behind the Tablet is protected and offers for the ingestion of almost any dosage of medicinal cannabis with a sublingual delivery system, whereby the compounds are taken directly into the subject’s blood via the oral epithelial tissue.
This tablet also allows physicians to accurately and safely monitor and gauge the treatment and dosage of each patient, something that is mainly impossible to do for subjects who get cannabis by smoking. OWC Pharmaceutical reported that the Cannabis Tablet offers numerous benefits. It offers a delivery modality which evades all the detriments of smoking regular tobacco items, including the general harm to the respiratory system and peril of lung cancer.
The sublingual tablet will be used primarily for chronic pain subjects suffering from ailments such as neuropathic pain or Fibromyalgia and PTSD patients. This tablet melts within the mouth enabling it to get via the oral mucosa and hence skips the initial pass via the liver and has a rapid response time than regular pills or tablets.
Expressing on this achievement, Dr. Yehuda Baruch, the Director of Research & Regulatory Affairs at OWC Pharmaceutical, expressed that they considerably look forward to launching this breakthrough tablet to the market post completing their testing. The preliminary data with the tablet have been extremely promising and they are thrilled to offer people suffering from debilitating chronic problems with effective non-opioid solutions.
Higher prices are coming as the near term low is in
The rest of sector is breaking out and we will too
No problem here
$OWCP The pps is being manipulated down. The combination of great news with the tiny float will send the pps up bigly. Just gotta be patient (hardest part).
OWCP$ ZERO debit . ZERO dilution
Authorized Shares 500,000,000 Dec 01, 2017
Outstanding Shares 146,316,600 Dec 01, 2017
Float 118,240,011 Jun 30, 2017
Only if they deliver everything what they claim they are working on. So far we are getting empty 8k and no promised cream on the market. I do belive Ziv is the reason for unreachable timelines and the hype. Lets see what 2018 will bring. Im holdning since oct 16, I wish I sold on the top, but I didnt, I had zero experience and I listened to pumpers being greedy and hoping this will hit $7. Lesson learned. Go OWCP
The Rohrbacher-Blumenauer amendment originally Passed in 2014,this was simply an extension.Obviously the extension is a good sign for the continued expansion of all things Cannabis. This also means that
AG Sessions efforts should be blunted.
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