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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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Ok. Thanks for your response.
I mean that those dumping got nervous that the price may not go back up, so they continued to dump. If they thought it would rise, they certainly would not have sold. I noticed the volume has dropped considerably today. Management may think the price is now too low to realize higher gains. Only my opinions.
You're saying they sold because they needed the money? That's common, isn't it? Whether to live on or re-invest.
Why would they fear the price going back up? They still have plenty of shares. Wouldn't it be good for the price to go back up?
I would think a sell off in order to walk the pps down is to re-load for an increase in pps, either by insiders or MM's. No?
I'm seriously asking. I'm new-ish and don't get it.
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.
They started dumping at a higher price per share, and have dropped it to here. They need the money. Once they started dumping, they got nervous about it going back up, and continue to dump.
Can someone explain to me? Seriously:
If this is insiders dumping, then why wouldn't they dump at a higher PPS? The company looks like it is doing so well. You would think the PPS could go much higher and then they could make a lot more money.
Yeah they are dumping the shares fro lock up since 11/1. Enjoy!
SCNA
this has dropped steadly over the last 3 months I do like the company and product - profitable and a needed product for the cannabis industry. But until this settles down and good news comes out I am out. will get back in when all settles and they show this company will come back strong
Proof is in the pudding don completely has lost all confidence from here out. Enjoy the yacht on us!!
S.S. Dumpathon
SCNA
After 1 Nov, this went from practically no volume to what we now see. Along with the volume came a drastic drop in share price. It is evident that management does not have a lot of confidence in their own company as they are dropping shares. Don can say what he wants, but the facts speak for themselves.
Yep radio silence from management now, they propped up the share price long enough to now dump their shares.
SCNA
Company is dumping, mj scam 101. Profits don’t matter when you are diluting and pushing away potential suckers.
SCNA
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.
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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.
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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
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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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