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Nobody is buying mj stocks until Trump gives a position. Theme of 2017.
SCNA
Let me be the first to welcome you to the SCNA (SmartCannabis) board TimTom15.
Not sure I understand your post in reference to not growing fast enough. How many MJ sector companies are you aware of that are actually producing profits.
We get some more investors eyes on this company and the volume increases we will move north.
The company is in an excellent geographical area in northern CA. Revenue and profit have increased quarter over quarter. Smart Cannabis is currently ranked number 2 in the agrtech sector.
My opinion is they are just getting started as the last project they are currently working on is the largest to date since the company went public in Nov. 2016.
Again welcome to the board.
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Most weed companies this early in the game are not usually producing large profit margins. Is this at such a low pps because they are not growing fast enough or is this a greatly undervalued stock?
Greenhouses are huge in california! SCNA
Everyone should notice how much the CEO responds to emails
Check out their website for more great details! SCNA
I agree BizManCali.
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We need more awareness, that’s all!
I agree also, but sometimes it get extremely difficult when all this good news comes out and the stock goes down. I would have thought with this news we would be closer to .05 not .03
I'm holding lONG strong with this stock as I truly believe it is going to run one of these days. It just can't come soon enough for me.
Go SCNA - GLTA
The entire MJ sector is down down today. Just like other big companies, this one is following suite.
Still one of the best companies around. Have faith my friends and you will be rewarded.
SCNA long & strong
With all the good news why is the stock dropping?
“Smart Cannabis remains ranked among the top five in The Marijuana Index Agtech sector, number one being Scotts Miracle-GRO, a $5.7 billion company. Smart Cannabis Corps' market value is approximately $217 million with YTD revenues of more than $3 million and profits of 1.4 million.”
The above statement is in the PR today. Great first full year for Smart Cannabis. Solid revenues and profits quarter over quarter.
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A profitable company in their first full year. We’re looking strong and 4th quarter should be even bigger with their large project going on.
News Out!! Smart Cannabis Corp Posts 3rd Quarter Earnings Delivering Four Consecutive Quarters of Growth and Profits.
https://www.prnewswire.com/news-releases/smart-cannabis-corp-posts-3rd-quarter-earnings-delivering-four-consecutive-quarters-of-growth-and-profits-300556309.html
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You can see their plans rolling out nicely, big projects, more exposure.
New article out written by John Taylor the CEO.
Excellent article talking about Cannabis testing and what Next Generation Greenhouses have to help insure the Cannabis that is harvested is within testing requirements. Pesticides and mold are the two highest test failures.
http://www.foxandhoundsdaily.com/2017/11/public-health-must-centerpiece-cannabis-green-rush/
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This is great DD!! Those numbers all make sense. I can see this stock trading at a pps of 2-5$ great investment here.
For the purpose of dialog and discussion, Let’s look at a few companies that are out there in the MJ sector
GRNH- has accumulated losses of over 60 million dollars. Did less than 1 million in sales in 2016 and lost appx 8 million dollars . Company has 385 million shares o/s and market cap of appx 15 million. Is that stock worth 4 cents? The earnings loss per share was appx 2.75 cents per share
CBIS - has about 100 million in losses accumulated. Has 2.5 billion shares outstanding and market cap is $90 million - 2016 - revenue was 9 thousand dollars - yes $9000 and loss of 9 million - so that earnings per share is a laugh . Is that stock worth 4 cents ??
MJNA- Has 3.2 billion shares outstanding and market cap of about $325 million. They have $90 million in accumulated losses and in 2016 - did 8 million in sales and lost $28 million. They have twice as many liabilities as assets —. Is that company’s stock worth 10-11 cents a share ???
Note: Numbers in the above comments are not exact but very close. Used rounded numbers.
SCNA- Has roughly 6 billion shares outstanding. However the public float is 1.3 billion - all others of those shares are controlled by insiders ( see otcmarkets reports) and are restricted meaning the real risks is with the people running the company. They can’t sell those almost 4 billion shares they are restricted.
However - using the current 6 billion shares outstanding , @.04- is $240 million market cap.
2017 revenue to date is appx 4 million a net profit before taxes of appx 1.6-1.8 million. The company has appx 500k in total debt and appx 2.5 million in assets. Revenue and profits continue to grow and 20% market share of a $6 billion smart greenhouse market in California equal 1.2 billion potential value -
So technically YES your argument - 6 billion shares outstanding = appx.0003333 earnings per share but again that’s EARNINGS NOT A LOSS. If that was calculated based on the public float ( avail shares to gen public) of 1.8 billion then that earnings per share is definitely a positive number of PROFITABLE EARNINGS NOT LOSS
So yes I feel very comfortable with my investment. If you don’t like what you see in this company and it’s management then invest where you feel you have the best chance of profits. That simple. Your money, your choices, your investments.
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Even though your numbers and estimates are not correct, the OS is ridiculous
I see you really dig this company. Very briefly I'll tell you why I'm not attracted at all and think you should redeploy your money in the MJ sector. A market cap of 220 million dollars but if the company was liquidated maybe it's worth 2 million? Book value around 2 million? What EPS would they have to get to to justify where it's at now? The current P/E ration is probably 1,000,000/1.
If you don’t see the value then you haven’t done enough DD. The company has increasingly quarter over quarter revenue and profit gains. Second to Scott’s Miracle Grow in leading the argitech sector. The client potential in the geographical area the company is located is poised for explosive revenue. A sector that has revenue projected at $6 billion.
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This looks way overvalued, am I missing something here?
6 billion o/s x .038 USD = 220 Million dollar market cap
Excellent article about what yesterday’s elections results and MJ legislation going forward into 2018.
https://www.forbes.com/sites/tomangell/2017/11/08/marijuana-won-tuesdays-election/amp/
Could Smart Cannabis be looking into branching outside of CA? More and more we will see states legalize MJ in one form or another. Food for thought in my opinion.
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There is a little bit. Calm before the storm? In my opinion there is a lot of great things coming. Bigger client purchases and more. We will see.
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Weird that there is absolutely no volume at all today.
https://nextgen.farm/blog/integrity-is-everything/
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PR out!! Smart Cannabis Founders Available for Comment on November 2017 Elections
Have questions call the number listed in the PR and set a time to speak with John or Don.
https://www.prnewswire.com/news-releases/smart-cannabis-founders-available-for-comment-on-november-2017-elections-300550707.html
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Volume pick up in the whole sector.I own many tickers and volume was big compare whit past 6 weeks or more.look at other tickers and you see.something is cooking that the whole sector act like this today.
Good morning time travelerdos. We should be seeing at minimum, updates on the current 18 NGF Greenhouse Project and financials are due out on or before Nov. 15th. There have been other statements about additional exciting news as well. The company is growing at an exponential rate. Bigger projects with clients and increased revenue!!
Real company, real products and services, bottom line profits and Management focused on increasing value for a currently ranked #2 company in the argitech sector.
Ready for the next leg up!!
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Huge by volume early today. Something is happening
Today is the companies one year anniversary trading on the OTC market. They have had an amazing first year. Congratulations on the first year in business, Smart Cannabis / Next Generation Farming!!
Exciting times ahead for Smart Cannabis shareholders. My opinion of course. Management has stated they are just getting started.
Looking forward to growing with the company as a shareholder here.
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I load up today and yesterday too.
Sector is bottoming.another run coming.
2018 will be a great year for the whole sector.I'm loading here and many others that I sold on last run.
LONG SCNA
Good volume today, someone loading up.
Yes it will be.but been buying many other tickers too.just start reloading again for next run.this like picking oranges do you dd and pick the best ones and this is one of them.sector is warming up again.great prices to get in and load. 2018 will be a good year for the whole sector.
Welcome back mojo joyo.
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I got in about week ago.got at 34 made great money here.and I'm a buyer again.great pipe line here.sky is the limit.
Another link from the Smart Cannabis website.
Projects this year not including the latest project of 18 Smart Next Generation Farming Greenhouses.
https://smartcannabis.com/next-generation-farming/
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From the Smart Cannabis website.
Why invest link:
https://smartcannabis.com/invest/
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Articles showing up all over the country about the Smart Cannabis 18 Next Generation Farming Smart Greenhouses.
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Here are a few links.
http://m.hawaiinewsnow.com/hawaiinewsnow/pm_/contentdetail.htm?contentguid=od:ULDycDVZ
http://m.cleveland19.com/19actionnews/pm_/contentdetail.htm?contentguid=od:n3qNDBsM
http://markets.businessinsider.com/news/stocks/Construction-Begins-on-Massive-Legally-Permitted-Greenhouse-Cannabis-Cultivation-Site-in-California-1005734473
$$$$MUST READ!! MUST READ!!$$$$
From the article posted by Lamboinc.
“By the beginning of the year, owners of Smart Cannabis will have a facility capable of outputting hundreds of pounds of marijuana every week”
I need to go change my pants!!!
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Awesome find Lamboinc!! I noticed you are local to the Sacramento area from your only other post. In the county this current 18 Next Generation Farming Greenhouse with Automation packages project. Exciting times for Smart Cannabis.
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Another article on the present project. Smart Cannabis is making history and it’s hitting news stations and area papers and articles!!
http://www.centralvalleybusinesstimes.com/stories/001/?ID=33536
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Those on the sidelines are running out of time in my opinion.
Have any thoughts on what we will see based on the social media post tonight dongee? I have my tickets. I’m long and excited to have a front row seat. “Stay Tuned”
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Stay tuned – We have some key strategic alliances and deals in the pipeline that we’ll be announcing soon! bit.ly/2y9np8o
Tweet from Smart Cannabis about an hour and a half ago.
Things are picking up in a Big Way it appears!! I keep saying we are still on the ground floor. My opinion. Bring it Smart Cannabis!!
Screenshot of tweet below!!
https://imgur.com/a/5tCKE
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Hey BizManCali. I’m starting to see more and more news articles about national legalization of MJ. The republicans in Office that are in favor has increased dramatically in the last year. Although Smart Cannabis is focused on MJ greenhouse grow operations and not selling the flower or hemp products this kind of news and all the talk around it is also important here.
Imagine if the company starts tapping into other states as the MJ acceptance and legalization grows.
Let’s not forget Don has stated many times they are always looking for acquisitions to add value to Smart Cannabis. Next Generation Farming is currently the only subsidiary under their umbrella. Food for thought.
The above post is my opinion and my thinking. Statements referred to can be found if you go look.
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SCNA is rapidly moving up in the sector. Management has already stated that Q3 revenues exceeded their expectations and now this project for Q4 revenue is huge.
I said this long ago on this board. This management team spent years on the business plan and jump in at the right time. Perfect storm you could say.
Glad to see you are still a shareholder and thinking about adding to your position. This is still the ground floor. Only going to get better as time goes by. The company is already proving that.
Let’s not forget they timelines they have from signing of a contract to the completion of the install. The company is able to provide their clients with useable grow space in weeks where the competition is months. A crew of 50 installers says volumes. They are gearing up for even more huge projects. Don stated the possibility of contracts in the 30-50 Greenhouses per client. Some aren’t seeing past tomorrow. I’m looking 1+ years down the road. The company chose to go public on the OTC market but my honest opinion is they have much larger plans.
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"How does a self-funded company go from a start-up to a profitable, self-sustaining business in 3 months?
The answer dates back to post-World War II Japan. Faced with limited cash, space and natural resources, Japanese manufacturers adopted a different approach. They made smaller factories and house only the raw materials needed for the day's production. Combined with a focus on eliminating waste, a strategy later known as Just-in-Time manufacturing was born.
In the late 1940's, Toyota adopted this strategy into it's Toyota Production System. Using the efficiency of just-in-time manufacturing and focusing on removing wasteful elements in manufacturing, Toyota grew from a small auto company to the world's largest automaker. In the process, they paved the way for what is now called Lean Manufacturing.
Nobody knows more about first-hand implementation of Lean Manufacturing than SmartCannabis President, John Taylor. Interested in how manufacturing companies were improving their operations, Taylor travelled to Europe several times and studied the operations at one of the world's largest machine tool providers, the Trumpf Group.
The Trumpf Group created very high quality tools, but with over 10,000 employee and no systemized production system, they faced delays and excess inventories. Trumpf began implementing the principles of lean manufacturing and it was dubbed the Synchro production system. Taylor watched as department after department, plant after plant was transformed into a clockwork of precision.
In 2007, John applied his first-hand knowledge to help local manufacturer Taylor Wings survive the sharp economic downturn. Lean-manufacturing principles allowed Taylor Wings to operate like an orchestra, in perfect synchronization.
Fast forward nearly 10-years and trend toward greenhouse cultivation was an industry trend he couldn't ignore. He knew he draw on his experience, build a better greenhouse and a better greenhouse company. With use of his synchro knowledge he quickly developed Just in Time Systems geared specifically for commercial Cannabis production with acknowledged global Lean Standards. Not long after, Next Generation Farming was born."
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