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Really just wanted to play a bounce but I think I’m over it now. Too much risk for me for the next couple weeks. Gonna wait, enjoy the weekend!!
Can’t argue with that..and the MC is out of whack imo
Yeah - but I'm not sure we'd wanna be owning this company - This company's a little bit weird.
Details to follow.
Hahaha....me to my friend, me too.
Scratching my head right now with the market today. I have a feeling next week I’ll be saying damn I should bought last Friday.
Lol Mcbrutal....I’m hungry now.
Ides of March are here by the looks of it. Liquidity dropping for the next couple weeks. Was playing the cup and handle on Khiron today but might have to bail on that too
Nice DD sir. That comparison with VFF says it all...yup scary to think the MC are the same yikes.
BBM is interesting but at what point is this over extended on the chart? It’s had a couple big days. On the radar for sure.
Another thing which makes this whole "situation" so amazing ;
is that PCLO has almost precisely the same market cap as Village Farms !
Which I believe may be suggesting that this thing's WAY overbought !
Looks like we might wanna jump ship right real quick here.....
Meanstwhile the (another) Columbian / South American LP
There's 3 or no - 4 of them PCLO, KHIRON and Blueberries Medical (see chart below) the another (a large one) is privately-held - Sannabis - tons of shelf-ready products
Regardless, there's still
Zaniness sector-wide - - - Blueberries Medical - Yesterday :
Wo
https://blueberriesmed.com/
Well ho looky thar ; Could this be why the stocks caughten fire of late >
Company just hired the former Pharmacielo's CEO ????? LoL !
https://blueberriesmed.com/blueberries-medical-appoints-former-pharmacielo-ceo-dr-patricio-stocker-as-chief-executive-officer/
I seen that... spread it was 10.37, I put a bid in at 10.38 and it moved back up to 10.50
Yeah I agree, this is still in the infancy stage really. It’s got a long ways to go and red tape to cut through just trying to play the chart but it’s when I get greedy I usually get burned. So on second thought I’ll watch from the sidelines here for a bit.
Let’s see if that line holds on your chart 10.40 ish. Might have to place a wager.
Awesome thanks for the charts, love em!
SUGR steaming ahead of approval from HC.
Almost time for re entry to PCLO.
Blueberries weeeeeeee nice call on that one, it’s a beast! (Not in that one)
Yeah for sure, the risk was there and wasn’t completely secure in my entry. Tight stop was in order.
Sugr should be cultivation license by eom.
Everything's so highly reliant upon (U.S.) Central Bankers around the world continuing to foster the Risk-On environment.
Next bunch of hours should be letting us know, just whether or not they're going to ease off on the gas pedal.
I kind of doubt it - but things are still awfully close
Better safe than sorry - We've just gotta try and get safer entries next time !
Yeah got stopped out this morning
What a beauty. On the hourly it consolidates moves up, and repeats. Let’s see a strong close $pclo$
I hear ya, patience is tough in this choppy market right now. Agreed if it comes down to that second line I’ll be waiting.
Nice news $PCLO.
Considering adding to this one too.....maybe this aft.
Striving to be patient here - Might add some more
Am not overly eager with this kind of price action
Thing MIGHT try coming down all the way to the 2nd Black
Hey we got NEWS I see ISO Certification ?
http://ih.advfn.com/stock-market/TSXV/PCLO/stock-news/79501713/pharmacielo-receives-iso-9001-quality-assurance-ce
Not worried about Khiron lil consolidation...gonna give it a couple days.
Another half million hey, good sign!
Well if they are buying maybe retail should be adding...
No I did look up blueberries briefly but looked like it had it’s spike already. Nice call sir.
Nice! Liking the chart not liking the MC let’s see how today plays out.
Haven’t followed that board for awhile, which I should be. Thanks for the link. Yeah I didn’t find the % they own in the link.
As for the other one...only a matter of time before they pick it up.
There's a feller here who maintains an excellent board on the HMMJ
Click on the link he's provided here
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147625355
Because yup sure enuf it's reported :
Also view some other posts - He usually reports on the the weightings
https://investorshub.advfn.com/Horizons-Medical-Marijuana-Life-Sci-ETF-TSX-HMMJ-31973/
Wonder how much weight they ascribed to PCLO (1st link doesn't say)
Them buying in could explain the recent lift we've seen
And they're probably picking some up you know who too now !
TORONTO – March 18, 2019 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) has completed the quarterly rebalance of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF (“HMMJ:TSX”).
HMMJ is the world’s first ETF offering direct exposure to North American-listed securities that are involved with marijuana bioengineering and production. Once again, the ETF has added additional companies to its portfolio as more firms have become eligible for inclusion in its underlying index – the North American Marijuana Index.
The HMMJ portfolio recently expanded to include the following constituents:
Company Name:
PharmaCielo Ltd.
Ticker PCLO
Exchange TSX Venture Exchange
Hmmm never heard of them. Have to check it out...thanks.
MJ index up today:
Sea of green today.
674.34 10.49
Constituents20
% Change1.58%
Open Price664.12
Total Volume77.52 m
52 Week High906.87
52 Week Low403.95
$PCLO
Analysts at GMP just initiated coverage on PharmaCielo Ltd. (PHCEF)(PCLO) with a Buy rating and a price target of C$12. They also note that PCLO is the best pure-play on the global CDB market. “We consider PCLO to be the most advanced Colombian licensed producer currently, providing a ~6–18 month first-mover advantage over nearly all Colombian competitors. In addition, with CBD extract capacity expected to reach ~17 tonnes in 2019, we believe this qualifies PCLO as the largest international publicly-traded producer.”
“With favorable Colombian regulations, we estimate PCLO could have CBD yields ~250x–300x higher than those available to global peers. We believe PCLO could achieve CBD extract production costs as low as ~$0.15–0.25/gram, potentially the lowest globally.”
“The tortilla has been turned
around” lol
https://midasletter.com/2019/01/55th-mexican-president-khiron-life-sciences-corp-cvekhrn-director-vicente-fox-khirons-corporate-strategy/
Or alternatively one COULD JUST "go by" what the share prices are doing
Which is generally what I do - since I'm quite useless at "researching"
You seem to be quite brilliant at the “research part” imo.
Been off the grid all day, have to get back in the saddle tomorrow.
Good stuff Nowwhat!!
Canopy LatAm / Aphria LatAm / Tilray, etc. etc.
Just WHAT are those companies (our competitors) DOING ? (down there)
Ought not just take Pharmacielo and Khiron/Dixies' WORD for things ! . . . .
All kinds of research could prove beneficial -
Or alternatively one COULD JUST "go by" what the share prices are doing
Which is generally what I do - since I'm quite useless at "researching"
.
Meanwhile elsewhere also - hmmmmmm :
Not sure about "the safety" of operating in Columbia tho !
The country has such a horrifyingly awful history of corruption and crime....
Perhaps several interesting (older) articles here : (which, I'm SURE is just the tip of an Iceberg !...Lol)
https://www.tni.org/en/tags/drug-markets
Nor am I sure of how profitable the Latin retail markets might be :
(QUOTE : "profits from domestic marijuana and cocaine sales in Colombia in 2012 were estimated at
$139 million and $136 million, respectively").....wo....Those aren't large numbers (all be them from 2012).
https://www.tni.org/en/newsroom/latest-news/item/6083-report-illustrates-dynamics-of-colombias-domestic-drug-trade
Hmmmmm.......I especially liked this part :
Quote :
In essence, Khiron is poised to overtake its big-league industry peers – such as Canopy Growth, Aurora Cannabis and Tilray – by becoming the world’s largest consumer packaged goods giant in this fast-emerging 100-billion-dollar-plus industry.
This explains the stock market’s recent re-rating of Khiron’s share price (as demonstrated by its elevated share price) Wait ! .....This article was published on February the 8th - So it hasn't exactly been a market-mover (except for in the case of perhaps Khiron) : See the 2 charts below....article continues (and I like this part) : All told, Khiron is shaping up to be the best value play in the entire cannabis industry.
So the company’s share price is likely to be an especially strong performer in 2019 as more and more investors are won over by Khiron’s winning formula for becoming a dominant industry player – and on an international scale
Article found at https://stockhouse.com/news/newswire/2019/02/08/why-market-loves-khiron-s-dream-deal#XrdSeBTLjC2wy6Hz.99
Y'see - In those 2 charts, we can actually evaluate, the markets' response to the Jan. 30th jv announcement
And it almost actually seems a little TEPID in Dixie's case.....
Altho maybe not - We shall see - What caused their big up-gap of 2 days ago ?....Gonna hafta go check their website....or wait - Maybe it was Michigan (when was this announced ?)
https://www.marketwatch.com/press-release/dixie-brands-to-introduce-cannabis-infused-products-in-michigan-by-end-of-march-2019-03-15?mod=mw_quote_news
Wo !.....Nice Dixie website (at first glance) - Might hafta open up positions in them as swell ! At 1st wasn't sure about their Logo - but, it looks like they've got things well-branded
http://dixieelixirs.com/
I know - I know : That many here might ask : Hey !
Isn't this the Pharmacielo board ?.....So why're you guys talking so much about Khiron and Dixie here then ?
Our response ?
Uh, we dunno exactly why....Perhaps it's because all three of these companies (PCLO, KHRN and DIXI.U) are so focused on and are targeting - the Latin American markets ?.....But, we'll get over to Khirons' board in time (probably I imagine)
Loving it!
Dixie Khiron JV:
Dixie Khiron JV Corp. formally established to bring Dixie Brands portfolio of cannabis-infused products to Latin America
Dixie and Khiron are 50/50 JV co-owners JV introduces Khiron's Kuida® brand to the U.S. market, with special focus on the Hispanic population of almost 60 million
JV has full access to Dixie's portfolio of more than 100 SKUs sold over the past 9 years in world's most mature cannabis markets
Dixie-Khiron to enjoy first-mover advantage in Latin American market of 620 million people
LatAm cannabis market estimated to reach $12 billion by 2028 (source: Prohibition Partners)
Latin America is among the world's fastest-growing cannabis markets. According to Prohibition Partners, cannabis spending in the region is expected to reach US$12 billion by 2028, and Quintiles IMS estimates that there are approximately 68 million potential patients in Latin America that could benefit from medical cannabis.
Khiron will be positioned in markets which collectively represent more than 430 million of the total Latin American population of 620 million people.
Country Population
(millions)
Brazil 1 208
Mexico 124
Colombia 48
Peru 32
Chile 18
Uruguay 1 3
https://www.ftmig.com/cannabis/dixie-brands-and-khiron-life-sciences-to-bring-more-than-100-market-proven-products-to-the-latin-american-cannabis-market/
By far the most recognizable brand in cannabis edibles in the US for nearly a decade, Dixie has also become a market leader in the industry’s embryonic consumer-packaged goods (CPG) sector. Now it’s Khiron’s turn to shine.
image: https://stockhouse.com/media/news-images/Independent-Reports/khiron01.png
Click to enlarge
We have bee
Read more at https://stockhouse.com/news/newswire/2019/02/08/why-market-loves-khiron-s-dream-deal#KyQwjdEk06lshB6C.99
Did some DD - LoL
Canopy DOES have some stiff competition
This came out on Feb. 1st (immed. following Khiron's JV announcement with Dixie Brands Inc. - ca:DIXI.U
So, welcome to the weekend and to your Moderators role as well !
Yes - Let's try and do some DD on these companies (and share whatever we might find). . . . .
He-he !.....Looks like we have both (almost) done the old :
Buy first - Ask questions later ! thang . . . .
But with any luck hey !- we might just fare alright !
Cheers.
We Both have skin in the game now, thanks for that btw. Have to check out both companies this weekend. Have shares in both, you have better entries on PCLO than me but it’s all good. You’ve been a great source of info!
I’m out, enjoy the weekend.
Lmao, too funny I just picked some up myself. Patience is not my strong suit.
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