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Nice day here for sure!! Flagging on the daily chart with good volume I see .07+ coming $SCNA
Yes, there was a PR I saw on Etrade.
thinking Singlepoint might have helped out today all cyber currencies are doing well
I cannot believe that there is not more excitement and activity on this board regarding today's performance. Are you not curious as to why? Surely someone has some insight as to what is happening. This did not go up significantly for no reason.
Maybe they have reached out to cold weather climates/countries to expand. Who knows? I hope this rise is justified by some news.
Are you awake now?
I believe that's reachable!
I got in just over a year ago. I'm up 212% on my investment and we're just getting started IMO!
loading SCNA really like this Cali Canna play!!
This will be at .20 early next year imo
Pretty obvious with this volume that the dumping continues. This stock will never get anywhere with the huge O/S. Hopefully, management will wake up, instead of showing a blind eye.
Good post Mindgame
I already visited the Canada connection in Post #7652. Maybe if more of us keep touting this, SCNA management will respond.
I wish SCNA would build/sell some greenhouses up north. Canada goes full recreational next year. It would be the perfect environment since they have shorter grow seasons and could benefit fully from controlled environments such as the smart green houses they sell.
some good strides here in just the last month. looking forward to end of year numbers and 2018 forecast
So did anyone else catch what Don said during the MoneyTV interview last week? They already have orders to fill that takes them half way into 2018. Management has stated they had the capability of increasing greenhouse numbers over this past year. So at minimum we will see revenue similar to this year but my opinion it will be much much more. This is just greenhouse revenue I’m talking about. Doesn’t figure in any of the software app / contracts / traceability app or crypto currency. Much bigger things coming folks!!
$$$$$$$$SCNA/SmartCannabis/NextGenFsrming$$$$$$$$
Great! Thanks BB
We need some selling. Gaps need to fill as we move up. Stock volume has increased and we are making stair step movement North. Good sign for move movement North.
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I know we are up over 6% today but why so many sellers???
GLTA SCAN
Smart Cannabis Corp and SinglePoint, Inc. Announce Joint Venture Expanding Blockchain Technology into SMARTAPP Automation Software for the Rapidly Growing Cannabis Market
Dec 06, 2017
OTC Disclosure & News Service
-
Smart Cannabis Corp and SinglePoint, Inc. Announce Joint Venture Expanding Blockchain Technology into SMARTAPP Automation Software for the Rapidly Growing Cannabis Market
PR Newswire
SACRAMENTO, Calif., Dec. 6, 2017
SACRAMENTO, Calif., Dec. 6, 2017 /PRNewswire/ -- Smart Cannabis Corp (OTC PINK: SCNA) and SinglePoint, Inc. (OTC: SING) have signed a letter of intent to formalize a multi-faceted joint venture and co-marketing relationship for the cannabis market bringing cyber currency payment solutions together with our SMARTAPP automation software product, and soon-to-be-released "Track and Trace Software System," which will be a natural add-on extension to SinglePoint's current payment processing system.
Smart Cannabis Corp, one of the fastest growing and most profitable companies in the cannabis, agritech and organic farming market. The company provides advanced eco-friendly greenhouse systems unmatched at any price; coupled with state of the art automation control systems utilizing the company's SMARTAPP mobile control system. (PRNewsfoto/Smart Cannabis Corp.)
The SMARTAPP is currently installed and functional in our testing facility as it undergoes final approvals from the iTunes store. It is slated to roll-out to fifteen of our recent installs in January 2018. Controlling the growing environment is a technique that is estimated to generate over $21B annually in the U.S. as data is critical in helping growers reduce costs and increase revenues per Agrilyst. The companies announced that they intend to work together to extend cyber currency transactions so that clients can buy Smart Cannabis automated greenhouses and pay subscription fees for the company's SMARTAPP which uses IoT (Internet of Things) to measure scientific factors affecting optimal growth of cannabis. SinglePoint is working intimately with Smart Cannabis Corp to effectively implement Blockchain technology into their "Track and Trace Software System." This collaboration reaches a massive cannabis market that produced a reported $6.7B in sales in 2016 and is projected to be in excess of $50B by 2020.
John Taylor, President of Smart Cannabis Corp, stated, "SinglePoint is an ideal partner for us to expand our business beyond California for our line of innovative automation and our trace and tracking software solution for cultivators. In this Joint Venture with SinglePoint, we will have the ability to market our products on a broader scale. Additionally, we believe the uptrend in cyber currency use in the cannabis marketplace will continue to expand, and being part of their exchange will help us grow the foundation of our business exponentially."
Greg Lambrecht, President of SinglePoint, Inc., stated, "We are very impressed with the results that Smart Cannabis has quickly achieved in California, and we believe this relationship with them provides a great deal of synergy both in California and in the nationwide cannabis business. Our expertise in payment processing and point of sale systems is a perfect fit for track and trace technology they have developed to date. We look forward to helping them expand and accelerate deployment of that solution. As we have stated, our overall goal is to have a fully integrated solution for businesses to manage their day-to-day operations from beginning to end, and Smart Cannabis operates to that same goal with their automated greenhouse solutions. We are glad they have turned to us to collaborate on their software solutions, and to be a part of our bitcoin exchange and cyber currency efforts."
The companies will release more details about their proposed multi-phased relationship in the near future, but announced their intentions in a joint interview on MoneyTV December 1, 2017.
About Smart Cannabis
Smart Cannabis Corp., (OTC PINK: SCNA) is a public equity corporation focused on the advanced agriculture and cannabis industries with plans to grow through acquisition, strategic alliances, and proprietary intellectual property. The company's wholly owned subsidiary Next Generation Farming Inc. provides turnkey commercial SMART greenhouse and automation systems that improve yields and decrease water consumption for cultivators of organic food and cannabis crops. The company's websites are: http://smartcannabis.com http://nextgen.farm.
About SinglePoint, Inc.
SinglePoint, Inc. (SING) has grown from a full-service mobile technology provider to a publicly traded holding company. Through diversification into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued subsidiaries, thereby providing a rich, diversified holding base. Through its subsidiary company SingleSeed, the company is providing products and services to the cannabis industry.
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
Contact:
Don Smith, Vice President, 916-780-1782
View original content with multimedia:http://www.prnewswire.com/news-releases/smart-cannabis-corp-and-singlepoint-inc-announce-joint-venture-expanding-blockchain-technology-into-smartapp-automation-software-for-the-rapidly-growing-cannabis-market-300567487.html
SOURCE Smart Cannabis Corp.
Copyright © 2017 PR Newswire. All Rights Reserved
Thanks, Deewar. Very good information, but someone was sure selling last week........and they made a huge mistake.
Such a boss answer.
The board may not be active but the company is selling greenhouses. I believe the 4Q will get more more eyes on this stock once they are released early next year.
Reply from Don (I stand corrected and see 50m is their max allowed)
Please refer to our quarterly reports on otcmarkets. Yes John and I have 86 percent of the company. We are entitled to sell roughly 50 million shares each 90 days per sec regulations. We just took possession of our shares for the last 16 months work for no salary and we have not sold a single share. When we do we must deposit them and put in a blind trust controlled by the broker to avoid any insider information trading. We will not sell our shares for 3 cents when we know we will get 15 cents later. Meanwhile like any other entrepreneurs we live from savings.
Thanks. Where did you get your information?
BIG News here today. Watch for break above .04 and run. Chart looking good here.
claim from management is they haven't sold a single share - they are allowed to sell up to 90m shares every 3 months now that they are unrestricted but 'claim' to have no interest in selling at these levels. Also said there are no note conversions going on so any selling pressure would be external shareholders.
Also, fwiw, you should be able to call in and get online transaction rates if you can't buy online. I always have.
SinglePoint and Smart Cannabis Corp. Sign Joint Venture to Integrate, Distribute ‘SMART APP’ for Cannabis Businesses
Dec 05, 2017
OTC Disclosure & News Service
-
SEATTLE, Dec. 05, 2017 (GLOBE NEWSWIRE) -- SinglePoint, Inc. (OTC:SING) today announces a joint venture relationship with Smart Cannabis Corporation (OTC:SCNA) (www.smartcannabis.com) in which SinglePoint will license and market Smart Cannabis’ SMART APP, an industry specific application that enables cultivators to control entire operations from a mobile device. The SMART APP is leading the way in efficiently cultivating cannabis through the introduction of IoT technology (Internet of Things) to greenhouses. This SMART APP IoT technology measures everything from nutrient levels in soil to watering cycles, to parts per million of carbon dioxide in the air. SinglePoint and Smart Cannabis Corp. will also work together to integrate SinglePoint’s bitcoin payment solution. This gives cultivators the ability to collect payment for their sales via the payment application, making for a safer and more secure transaction.
“Cultivators need a solution to secure their payments. We are looking to provide a solution that can be used from seed to sale, the entire life cycle. The transaction from a cultivator to a processor or dispensary can be huge, over $150,000 per transaction, and it is simply not safe or efficient to carry that kind of cash to a transaction. We believe we can help secure and track this transaction with our solution,” states SinglePoint President Wil Ralston.
Additionally, SinglePoint and Smart Cannabis Corp. will work together to finalize a track and trace solution. This solution, already available for Smart Cannabis cultivator customers, be developed by SinglePoint and deployed to a consumer base that will bring the solution full circle.
“Consumers who walk into a dispensary, where a cultivator is using our system, will be able to see how, when, and where the product was grown. There is no other system on the market like it and we plan to be the first company to use transparent and traceable blockchain technology to bring this “track and trace” product knowledge to consumers,” said Ralston.
John Taylor, president of Smart Cannabis Corp., said the company is excited to “team up” with SinglePoint.
“They are an ideal partner for us to expand our business beyond California for both our current products, our line of innovative automation, and our trace and tracking software solution for cultivators. This joint venture with SinglePoint will give us the ability to market our products on a broader scale. In addition, we believe the uptrend in cryptocurrency use in the cannabis marketplace will continue to expand, and being part of their exchange will help us grow our base business.”
SinglePoint is moving into what has been labeled as California’s “Green Rush” in a big way. Through joint ventures and acquisitions the company has solidified its beachhead in a state that projects annual cannabis sales around $7 billion. According to Grand View Research, the medical marijuana market is expected to reach a value of USD $55.8 billion by 2025. SinglePoint and Smart Cannabis Corporation are moving into this major market offering top tier solutions that will drive revenue for both companies.
“We are very impressed with the results that Smart Cannabis has quickly achieved in California, and we believe this relationship with them provides a great deal of synergy, both in California and in the nationwide cannabis business. The company is building a truly innovative product. Our expertise in payment processing and point of sale systems is a perfect fit for the track and trace technology they have developed to date. Our overall goal is to have a fully integrated solution for businesses to manage their day-to-day operations from beginning to end, and Smart Cannabis operates to that same goal with their automated greenhouse solutions. We are glad they have turned to us to collaborate on their software solutions, and to be a part of our bitcoin exchange,” said Greg Lambrecht, CEO and founder of SinglePoint.
About SinglePoint, Inc.
SinglePoint, Inc. (SING) has grown from a full-service mobile technology provider to a publicly traded holding company. Through diversification into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued subsidiaries, thereby providing a rich, diversified holding base. Through its subsidiary company SingleSeed, the company is providing products and services to the cannabis industry.
Connect on social media at:
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint_
https://www.linkedin.com/company/singlepoint
For more information visit: www.SinglePoint.com
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Contact:
SinglePoint, Inc.
Greg Lambrecht
602.481.1544
Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
Primary Logo
Copyright © 2017 GlobeNewswire. All Rights Reserved
This board is not very active. With the potential of this stock (if the O/S)goes down), you would think that there would be a lot of activity. On the other hand, most of the posts on active boards are meaningless, and not very valuable.
The same article about Sessions had this to say:
Health Canada announced a change in policy this past May that would expedite the process by which growing licenses are issued and extended, and Canada's parliament might move forward with legalization this coming summer.
THIS WOULD BE A GOLDEN OPPORTUNITY FOR SCNA. Canada's growing season is nowhere near ours. I would suggest that SCNA start exploring this situation. I am surprised that they have not done this already. Any colder climate country can be a customer, not just for pot growing, but for any plants.
Back in May, Sessions sent a letter to his Congressional colleagues requesting the repeal of the Rohrabacher-Farr Amendment, which is what protects medical marijuana businesses in legal states from federal prosecution. As long as he is in charge, there will be a cloud of uncertainty.
The response i received from E*TRADE said they'll waive the normal broker fee if you mention that the online system is not available for this security.
Broker assisted trades at TD are $40+ commission. Probably the same policy at other brokers. TD will give you the on-line price of $6+ if you ask ahead of time.
I called TD Ameritrade. You can buy it, but not on-line, right now. You have to call them. The reason is due to recent "Volatility", which translates to management dumping their shares. Let's all thank John and Don. They will release the "restriction" once they stop dumping, and it looks they have eased up.....but they will probably start again, if and when the price goes up.
Same and if etrade won't let me buy it well that tells me I don't need it that bad
Crypto? Now I am out. What a bunch of crooks.
SCNA
Only thing I can tell ya is to call them. I don’t know your platforms. I only know my own and if I have an issue I call them.
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I'm on E*TRADE and having same problem which I've never had with penny stocks before
Not sure what the issue is with your trading platform. I would suggest calling your brokerage.
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This company has no chance as it cannot be purchased on any of the platforms I use and I use td and etrade probably two most used platforms
Huge!!! Don Smith on MoneyTV. Joint Venture with Singlepoint. Crypto currency!!
https://vimeo.com/user2543173
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Encouraging news. I did see that studies/tests are now being conducted to determine if pot has any positive effects on PTSD. It has been previously reported that it does, but nothing to substantiate it.
One problem with this. It allowed local governments to make their own rules. I live in California and my city council voted against all sales except for medical. The same for many other municipalities.
Oh sweet an article only for California where nobody will see, great work!!
SCNA
Excellent read. Written by our CEO, John Taylor.
http://www.foxandhoundsdaily.com/2017/11/new-california-cannabis-rules-ensure-safe-budding-industry-long-haul/
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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."
Source: https://smartcannabis.com/next-generation-farming/Volume | |
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