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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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Just the beginning but this is huge news!
Might sell another position I have to gobble up more shares on Monday!
SCNA!!
News yesterday states multi-million dollar contract signed. Substantial down payment. On time and on track to complete Jan. Pictures showing progress at the project site.
Huge revenue here!!
Get the word out. Links were posted on the board yesterday. Get the word out folks!! Not many OTC stocks generating this kind of revenue and profits. No Toxic Debt. 2018 is going to be even bigger at the rate and market the company is seeing. MJ sector grow facilities are only going to be in higher demand from here.
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Another one!! MUST READ!!
Quote from link stated by John Taylor CEO.
According to President John Taylor, “We are excited about this project, which is on track, on schedule and moving full steam ahead. Presently, we can confirm that we have a multi-million dollar signed contract, substantial monies on deposit, and the customer has approved plans and permits from Yolo County. This transaction employs Next Generation Farming to install 18 of our SMART By Design automated greenhouse systems, resulting in approximately 51,840 square feet of cultivation area.”
https://nextgen.farm/press/construction-begins-massive-legally-permitted-greenhouse-cannabis-cultivation-site-california/
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Check out this link I just found for the latest project we received a PR about today by clicking the link below. One client, 18 Greenhouses. 56,640sqft of cultivation area. Looking forward to more details.
https://nextgen.farm/project/woodland/
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Found on Next Generation Farming FB page.
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Report TOS
Moderate
I agree. Patience is key when you have a new company that is generating huge revenues quarter over quarter, no toxic debt and have profits increasing on the bottom line quarter over quarter as well. The management team has an excellent business plan in my mind. They do what they say they are going to do and they are showing they want to climb to the number 1 company in the argitech sector while taking full growth potential with the MJ revolution we are experiencing across the US. Just think the company hasn’t even tapped into other states yet. Imagine if and when that happens. I noticed on the website in the greenhouse section they mention that the components are light enough to make ship. Meaning the cost to ship would like be very appealing to future clients outside of CA.
Great to see volume has started to increase and L2 looked much healthier today.
Spread the word!! We have a company that is already shown they know the sectors they are focusing on.
Very excited about the future here and happy I’m a shareholder that has not only bought in early but accumulating at these levels today.
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Hey BigBri, All good things come to those who wait!!!
GLTA!!!
Yes indeed. They are going to finish the year extremely strong. HUGE Growth, HUGE REVENUES, HUGE CLIENTS!! Spread the word folks. Also Q3 financials are just around the corner.
Get word out on any boards you are in that we have HUGE growth happening with Smart Cannabis!!
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HUGE! Nice volume today too!!
NEWS OUT!!! 18 Greenhouses totaling 51,840sqft. Huge client!!!
MUST READ!!!
https://www.prnewswire.com/news-releases/construction-begins-on-massive-legally-permitted-greenhouse-cannabis-cultivation-site-in-california-300544268.html
States additional news on this project will be coming!!
Get the word out!!! Huge revenues!!
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I’m all for discussions here but with the same posts over and over that have already been addressed is pointless. Not just addressed by other iHub shareholders of this stock but from Don Smith our Vice President.
Anyone that read the filings knows about the shares the company has set aside for key employees. There is no toxic debt. These shares are being held by the company. That said, why would a company not ensure their stock could handle the additional shares being sold into the market. It makes no sense to think the company is going to kill the stock. Huge revenue quarter over quarter. The company is growing. They now have 50 people installing the greenhouses. The clients they are signing contracts with are purchasing more Greenhouses and products. This is a red hot sector and the companies geographical location is prime for a huge piece of the sectors revenue growth listed at $6 billion.
State of the art Smart By Design Greenhouses. Larger yields. More harvests per calendar year, energy efficient and water reduction. Then you have the safety side of the equation. No harmful pesticides used inside a controlled greenhouse, no mold on the crops and the list goes on. It’s all out there to be read. You just need to look.
Know what you own!!
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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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