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I will be here. Have a great evening.
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Hopefully, pot stocks will recover somewhat tomorrow.
This statement from CA attorney general.
“In California, we decided it was best to regulate, not criminalize, cannabis. Unlike others, we embrace, not fear, change,” Atty. Gen Xavier Becerra said. “After all, this is 2018 not the 20th century. At the California Department of Justice we intend to vigorously enforce our state's laws and protect our state's interests.”
Lt. Gov. Gavin Newsom tweeted on Thursday: “Have no doubt — California will pursue all options to protect our reforms and rights.”
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We also need to step back and realize the greenhouses and smart technology are Next Generation Farming. There is a whole lot of revenue opportunities here besides just MJ. MJ just happens to be where the companies focus is currently. Which it makes perfect sense. CA alone will generate more revenues from MJ than the whole country of Canada when they go legal country wide on adult use rec.
These other revenue stream opportunities haven’t even been touched yet by management. I think of this as a safety net in a sense. My opinions as always.
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good link BigBri Thanks There is simply too much revenue from legal mj for states to just back down and let sessions do whatever he wants. as for me I purchased more today at the sale prices!
If government officials in states have any say they will make sure they make it loud and clear that their attorney general should continue to follow the laws set in place at the time the states changed their MJ laws locally.
Good article from Leafly:
https://www.leafly.com/news/politics/faq-what-we-know-about-jeff-sessions-doj-action-against-legal-cannabis
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I’m not saying it will help. I’m saying it doesn’t matter that a companies name has the word Cannabis in it.
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I’m in agreement with your post. Trump did however choose Sessions to be AG. Trump will also need to put his signature on whatever Sessions puts on paper.
Once the dust settles we sector will recover.
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Hopefully, the California Attorney General will have something to say about enforcing the law in his state, and that he will not be adamant about it.
If someone is looking for a stock to buy now, do you think they will even explore anything with the name "Cannabis" in it? Are you saying that having Cannabis in your name will help the company from now on?
I don't think this is from Trump. I don't think he cares much about marijuana. He is for the medical and has said he thinks the issue should be left to the states. What this seems to do, is give the federal prosecutors in the individual states the option to prosecute. I don't think many, or any, will want to, unless the AG leans on them to do so. Which he might....because he's a regressive asshat.
I think Trump will eventually come out and say "You see? Like I said, it's up to the states to decide."
In my humble opinion.
Not sure why you think having the word Cannabis in a companies name is a bad thing. If you look at the sector many companies don’t have the word Cannabis in the companies name and they also had negative reactions to the AGs announcement.
GLTY
Your money and your investments. Invest any way you choose.
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I warned Don not to put "Cannabis" in the name. He did not listen. Now we all will pay the price.
One thing is for sure. If Trump thinks he is going to run for re election and win he best think very hard about what his AG is doing. Over half the country is in favor of ending MJ prohibition.
Many State congressmen and congresswomen have made statements opposing any changes due to the actions of the AG which would cause a step backwards and take away the states ability to decide how to handle MJ laws in State without Feds.
I think many freaked out about the said announcement and we don’t even have clear answers to what the AG is proposing other he is doing away with 3 memos signed during Obama’s administration. When the dust settles, the weak find their exits and we see exactly what the AG is doing here the sector will recover.
Sell if you aren’t comfortable. Buy if you see today’s trading in the MJ sector as a gift. Hold if you feel the sector will recover and continue to move north. It’s your money and your investment.
All my opinion.
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This Session's thing really sucks. Just when we started our run this A** h*** has to pull this s***!!!
Unbelievable!
GLTA LONGS!!
We will recover faster than other mj stocks
Sessions is rolling back the Obama policy that had a hands off stance on States legalizing pot. It could have been continued with this Congress, but Republicans will not let it continue.
As I stated previously, this kind of action should make Canadian pot stocks explode. The Canadian government is behind the legalization of pot. Hopefully, Don has made some efforts to get into that market. I would think stocks like ABCCF, and others, would benefit heavily.
With the Supreme Court tilted heavily in Trump/Sessions favor, I would say that this administration could do anything they wanted. If they come down on pot, any States taking the matter to court will eventually lose in SCOTUS.
What did sessions do?
On 29 Nov, my Post #7633 was as follows:
Did you see the news today from AG Sessions? I sent an e-mail to Don prior to them implementing the name change. I suggested the name "Cannibis" will get swept up with other pot stocks once Sessions (Deer in headlights)gets time to do something. I also reminded him of the large O/S. Both fell upon deaf ears.
I sold my stock at that time, but I have gotten back in. I am long on this.
Once some unscrupulous individuals have covered their shorts (think white house and cronies) they will let things settle down and mj affiliated stocks will rise again...until they do it again. Must be nice to be able to use an elected office to enrich oneself.
Sessions decision is per state SCNA is in California, so undervalued now.
jeez....Jeff Sessions just threw a wrench into 2018. Pot affiliated stocks are tanking.
SCNA and SING sign finalized letter of intent.
Link to PR out this morning below.
http://mmjreporter.com/singlepoint-inc-otcmktssing-and-smart-cannabis-corp-otcmktsscna-reports-joint-venture-32721.html
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Very bullish on this company. Current 7cent is grossly undervalued.
Yes trade is great for penny and subpenny stocks
Move over to Etrade.
Getting tired of TD Ameritrade. I had to call them today to buy more of this. Could not do it on the web.
You are going to see some profit takers with this kind of volume. It will level off and head back north again. That is just my opinion.
GLTA LONG!!!!
When it drops five percent he will be bashing again.
Wall is fake in my opinion.
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Thought you sold. All that negativity in the past from you and we are making a steady climb north and you still aren’t happy. Geez. Smack the ask if you want the PPS to go up.
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1 mil on the ask! Why?!? Just why? Let it soar
Time fir a PR to smash that .077 wall Smittydon!!!
$SCNA
Happy new year, my friends! Lets keep that slow steady north bound pace a continuous thing!
just a lovely set up...look at the candle on the left...http://stockcharts.com/h-sc/ui?s=SCNA&p=D&yr=0&mn=6&dy=0&id=p30870448508
MJ laws, project completion, agreement details, sold out until may, what other great things we got going on?
It’s great to see new interest. Many doubted as we tracked in a channel for a good part of 6 months. What that provided was gap insurance you could say. The consolidation was needed and will likely be seen again as we continue to head north.
Again welcome to SCNA and the iHub board.
Buy, sell, add to your position. It’s your money, your investment.
I will start digging deep again after the first of year. The board was pretty slow around here for awhile. Not the case now so I will begin posting findings relevant to SCNA. 3 days before CA erupts into the recreational MJ market. Going to be huge in itself. Exciting times for us as shareholders and for the company.
I want to thank all at Smart Cannabis for their hard work to bring us an awesome company with huge growth potential that they are capitalizing on. Thing is I honestly believe we haven’t seen anything yet.
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I wish I was here earlier, my friend. However, it is what it is. I'm just excited to be part of something real! I don't know what you did prior to yesterday, however, I'm sure you, from the previous posts I've read, did an enormous amount of research informing not only investors, but future investors of the progress at hand. So, as a new investor, I thank you for your hard work!
Congrats to the longs here at SCNA!! Excellent first year and much much bigger revenues and profits in 2018. My opinion. Don and John spent years working on this business plan and are now following through which is providing even better revenue than they projected. The crypto is icing which will become a catapult for all that I believe will come in 2018.
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Everyone has their moments. All I did was provide facts and provide the interaction to help you make a better choice. Glad you hung in there. Long and Strong!!
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Happy New Year BigBri! I have to say you pulled me off the ledge a few times and it is really appreciated. The best to you and your Family.
Go LONG SCNA!!!!
Happy New Year dongee!! 2018 is going to be an epic year for SCNA. In my opinion.
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Thank you. It’s all out there on the internet. I just help provide it in simple terms and help put all the pieces together. Looking forward to 2018 and beyond. Happy New Year All!!!
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Agreed!! thanks BigBri
GLTA
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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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