Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I am still here. I haven’t disappeared and I have no association with the company other then being a shareholder just like any other investor here. Am I happy with the current PPS? No I’m not. But I can tell you I still believe in the companies products and services. I don’t believe this is a scam either. This is not the company selling shares into the market alone. There are individual investors selling also.
$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$
Unlocked all the insider shares on 11/1 and they are dumping. Bri the paid pumper has all of a sudden disappeared. Joke is on us.
SCNA
Don, can you give us a little insight as to why the stock is in the dumps???? I am high on SCNA but starting to worry a bit.
This is bad guys..it truly is. This company is so good but we cant get any buyers. :(
Yep complete insider enrichment. This company is a scam.
SCNA
They should be. Pot is illegal insofar as the Fed is concerned. If he starts to crackdown on states he will win. It would probably end up in the Supreme Court, and you know that is now stacked in the GOP's favor.
Sounds like everyone is afraid of Jeff Sessions.
Mindgame you are correct about the AG for all 50 states. My belief is that potstock people are a cult that 'inhales' their own misty dream. This company appears ,to me, to be a construction firm that pretends to like Bob Marley in name only.
I disagree. I think cannabis in the name is taking a gamble. The present administration, especially the AG, is against pot, and will take steps to lessen its spread. Any news from the AG to curtail pot will hit the industry hard. It is just a matter of time.
Nope. Holding long in both garbage companies!!! Both dog$hit companies!!
SCNA
I think the cannabis in the name is click bait. I like it because it is profiting, actually producing and appears to be a construction company run by adults. Too many potstocks are all fluff. These people construct greenhouses.
The drop in price started with the increase in volume. It seems pretty obvious that management is now dumping their shares after the 1 Nov date that lifted restrictions. Any other reasons? I would be curious as to the O/S count now.
Like I said, I don’t know, maybe the person needs money? lol
Why are they selling?
Does anyone know why these one or two retail accounts are selling out of a profitable company in a world where there are almost no other profitable competitors?
Haha how would I know.
Are our share holders getting scared and bailing?
Gotta realize that these movements are based on, at times, one or a couple retail sellers.
For example if I sold all my shares it would look like the stock tanked because there are few buyers that have low limit orders in place.
We hit a .0161 low today. Not sure what is going on here!!
Sure it’s working. We have a massive number of write ups , company covered on leafley, company has an article and full page in greenhouse magazine
Take a look at the company’s Instagram feed , websites and social channels.
Yep new lows. Pr strategy is NOT WORKING!!
SCNA
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.
$$$$$$$SCNA/SmartCannabis/NextGenerationFarming$$$$$$$$
Most weed companies this early in the game are not usually producing large profit margins. Is this at such a low pps because they are not growing fast enough or is this a greatly undervalued stock?
Greenhouses are huge in california! SCNA
Everyone should notice how much the CEO responds to emails
Check out their website for more great details! SCNA
I agree BizManCali.
$$$$$$$$SCNA/SmartCannabis/NextGenerationFarming$$$$$$$$
We need more awareness, that’s all!
I agree also, but sometimes it get extremely difficult when all this good news comes out and the stock goes down. I would have thought with this news we would be closer to .05 not .03
I'm holding lONG strong with this stock as I truly believe it is going to run one of these days. It just can't come soon enough for me.
Go SCNA - GLTA
The entire MJ sector is down down today. Just like other big companies, this one is following suite.
Still one of the best companies around. Have faith my friends and you will be rewarded.
SCNA long & strong
With all the good news why is the stock dropping?
“Smart Cannabis remains ranked among the top five in The Marijuana Index Agtech sector, number one being Scotts Miracle-GRO, a $5.7 billion company. Smart Cannabis Corps' market value is approximately $217 million with YTD revenues of more than $3 million and profits of 1.4 million.”
The above statement is in the PR today. Great first full year for Smart Cannabis. Solid revenues and profits quarter over quarter.
$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$
A profitable company in their first full year. We’re looking strong and 4th quarter should be even bigger with their large project going on.
News Out!! Smart Cannabis Corp Posts 3rd Quarter Earnings Delivering Four Consecutive Quarters of Growth and Profits.
https://www.prnewswire.com/news-releases/smart-cannabis-corp-posts-3rd-quarter-earnings-delivering-four-consecutive-quarters-of-growth-and-profits-300556309.html
$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$$
You can see their plans rolling out nicely, big projects, more exposure.
New article out written by John Taylor the CEO.
Excellent article talking about Cannabis testing and what Next Generation Greenhouses have to help insure the Cannabis that is harvested is within testing requirements. Pesticides and mold are the two highest test failures.
http://www.foxandhoundsdaily.com/2017/11/public-health-must-centerpiece-cannabis-green-rush/
$$$$$$$$SCNA/SmartCannabis/NextGenerationFarming$$$$$$$$$
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.
$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$
Even though your numbers and estimates are not correct, the OS is ridiculous
I see you really dig this company. Very briefly I'll tell you why I'm not attracted at all and think you should redeploy your money in the MJ sector. A market cap of 220 million dollars but if the company was liquidated maybe it's worth 2 million? Book value around 2 million? What EPS would they have to get to to justify where it's at now? The current P/E ration is probably 1,000,000/1.
If you don’t see the value then you haven’t done enough DD. The company has increasingly quarter over quarter revenue and profit gains. Second to Scott’s Miracle Grow in leading the argitech sector. The client potential in the geographical area the company is located is poised for explosive revenue. A sector that has revenue projected at $6 billion.
$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$
This looks way overvalued, am I missing something here?
6 billion o/s x .038 USD = 220 Million dollar market cap
Excellent article about what yesterday’s elections results and MJ legislation going forward into 2018.
https://www.forbes.com/sites/tomangell/2017/11/08/marijuana-won-tuesdays-election/amp/
Could Smart Cannabis be looking into branching outside of CA? More and more we will see states legalize MJ in one form or another. Food for thought in my opinion.
$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$
There is a little bit. Calm before the storm? In my opinion there is a lot of great things coming. Bigger client purchases and more. We will see.
$$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$$
Weird that there is absolutely no volume at all today.
https://nextgen.farm/blog/integrity-is-everything/
$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$
Followers
|
163
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
9190
|
Created
|
04/06/14
|
Type
|
Free
|
Moderators |
"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 | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |