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He's not wrong. The sector had a lot of hype that has fizzled out. I saw that though as more bearish on the sector as whole though.
Interesting buy action into the last hour. I went into my brokers office this morning and he mentioned to me that lots of people are buying into the Nov 4th elections. Spec plays probably.
So it's a compliment? Sounds good.
We're on the same wave length. =)
Again, I've said this time and time again and have replied to "negativity" when backed by honest discussion.
I despise any kind of pump or bash which is at best two sentences of garbage. I know there is always an agenda tied to every persons investment, but there are real discussions to be have on both sides without 3rd grade level posts.
I live in the U.S. and I'm so exhausted after 14+ years of divisive and emotional child like yelling on both sides. Birth Certificates, Bush=Hitler, the waste of time that is anything related to guns, ext. ext.
I am not a fan of the current administration but the issues being discussed are all red-herrings for more serious and real issues. I consider myself socially liberal and a fiscal conservative. Which means there isn't a party that represents me. Which also means I usually vote Dem because I can't back a party controlled by religion and extremists.
Tweed, as a negative - I can't seem to see major issues right now. Some here claim quality issues but my DD outside of here doesn't show it. Yes, there were issues a few months back but like a strong and agile company should do, it was addressed. I think that's why we only see negative posts that state "PPS" this is all I can see as well, which means squat. Every now and then we get "Mold" but from the same mouths who have been saying it since day one without evidence. Even if it were true, there are many many more people very happy with the product as evident by Twitter feed.
The comment was not meant as slight rather than observation.
I'm happy to have a discussion on negatives. But using PPS as evidence is not evidence. I've gone on many times about how it works so I won't do so again.
Caterpillar is down 20+% in the past 3 months, does that mean it's a bad company? No.
On the other hand, is Stem down 50% this year? Yes. Is it a bad company? Yes.
PPS alone is not an indicator of company health.
Then at best you're an investor who doesn't understand how the market works.
The date has not been announced but if Tweed sticks to their schedule of the other releases I would say last week of November.
*Edit - BTW I both dread and am excited about when things get hot here.
Dread because the roaches will come out of their holes and the work associated to update the board and fellow investors.
Excited for the obvious reason of seeing the fruit of the labor pay off.
Imagine, a 6000 share buy got us up 6%. Imagine when the sector gets hot again. I do not like tipping my PPS projections for when the sector returns but it's higher than $17.
Welcome to the board Darius,
I invite you to go over the collected Due Diligence (if you have not already) which is summed up fairly well in the Q2 sticky. Be sure to click on the associated links for a more detailed analysis.
I separate Tweed the stock and Tweed the company as I feel both are very distinct beasts right now.
Tweed the company, as far as we can tell, has no notable issues. Early start up pains have been resolved in an efficient manner. I regularly speak with investor relations and post my the questions and answers here on the board. If you are planning to be a long term investor as I am you should join the conference calls each quarter. A good amount of information is provided there.
Tweed the stock is a whole different story. As you are probably aware the share price is in a down trend. The factors playing into this are:
* Bearish markets
* Sector collapse
* Low float/Average volume make this easy to drive one way or another.
* Technicals look bad.
I'm looking for these factors to change soon for the following reasons.
* Mid term elections in the U.S. Many states are voting to legalize on some level.
* Leaked information that President Obama is looking to legalize, on some level, Marijuana in Summer 2015.
* End of 2015 Elections in Canada show a Liberal lead which indicates a strong possibility for full blown legalization.
* Q3 should hopefully show a 500%+ growth in Revenue according to the Q2 report showing ready to ship inventory upwards of 1 million dollars.
That's a fundamental part of my DD for buying here. Canada is leading the way.
There are complaints about this industry and the way health Canada has been regulating it. While some of those complaints have merit they are also short sighted.
This is an emerging market filled with uncertainty and it's bound to have issues come up. In time they will be addressed and frankly the model can't be that bad if a purple state like Florida wants to model its MMJ after it. For all the kooky headlines Florida gets people forget that Florida has the lowest in state tuition rates in the U.S., one of the lowest in taxes, and a gateway to the Caribbean and Americas.
2015 is going to be very interesting for this sector.
If the news of the Obama admin looking to legalize MJ is true, summer is going to be amazing for the sector. It opens up imports/exports and a country for Tweed to expand into. All the while Tweed gets a tax shelter being a Canadian company. This also gives time for Tweed to lock down standard operational procedures and have enough liquidity to aggressively expand. Excited to see how the puzzle gets put together.
Awesome, please let us know your experience.
As I understand it strains are a very personal choice. Maybe Tweed Customer service can help you decide on the strain and vapor that would best suit you. Also we have some members here that are also customers, maybe they can share their insight.
That being said, looks like a recovery on low volume. I would love to to see a volume push up.
We also broke back above the 200 day. That is a must.
I hope so. But our hypothesis seems to be holding true that Tweed's PPS fall is correlated to the market as a whole and not something fundamental.
Good sign for longs that once the market recovers, so will Tweed.
The rally that will occur here if Tweed makes 1 million+ in rev this Q should be quite a beautiful sight for longs.
*Evidence as stated prior; nearly one million dollars of ready to ship product at end of Q2.*
The headline would read somewhere along the lines of: "500% revenue increase quarter to quarter"
The other factors to consider is expenses, margin, profit(loss). Not sure if Tweed will give in to market pressure for sub numbers and guidance.
Q2 14' Sticky - Key take aways and updated 'LIST' -
Q3 14' expected mid November
Post by:Ronald Redfield
My updated notes on Tweed $TWMJF $TWDhttp://t.co/VXulj7oNmM Shares o/s 40M. Current prices $2.50 (TWD not TWMJF), market cap is < $100M.
— Ronald Redfield (@rbco) August 28, 2014
I've been of the opinion for about two weeks now that we are in the bear correction period. It's going to be tough for Longs to make money which means companies need to earn their rallies.
I'm up on every single put option I have. Down on the the only two call options I have. That's a big sign for me.
Good day fellow investors.
Just got home from my mini vacation.
Brutal market conditions. Broke whatever techs Tweed had. Now below the 200 day which is a bad sign. I'm holding off on making my final buy in until markets settle in a bit.
Too many outside factors destroying any hope of a rally.
Happy Thanksgiving to my friends across the boarder.
I just noticed something. All of the LPs have names and logos that project a pharmaceutical approach. Tweed is the only company that is bothering with not using a pharmaceutical name and logo. Positioned for eventual recreational sales.
I'm of the opinion we are in a bear market. So fear is the driving force now. I play many other stocks and options. My short term plays are going to be heavy on bearish for now.
My only multi year longs are: Tweed, Xide, and Fannie/Freddie - all high risk all take lots of tenacity and conviction.
I'll take some screen shots to update the landing page tonight. Great video. 200k square feet target by end of 2015. =)
I'm familiar with hit pieces on emerging or distressed stocks. I'm not a lawyer but this doesn't phase me. If this had any real legs it would had happened long ago. It's not unlike the 'fear' of legal States vs. Fed.
I also find it interesting that at the same day two articles were released on complete opposite spectrum of the each opinion. One of DEA going "We might target big money" and one of Obama admin legalizing summer 2015.
Holding back any possible bull run. Market correction ahoy. It also does not effect Canada at all.
The news of Obama admin looking to push legalization at end of 2015 is a very very big deal. I hope Tweed begins to look to capitalize on this development. End of 2015 is going to a make a break time for legalization efforts in North America as a whole. Perhaps this time next year we will all be giving each-other a virtual high-five.
I too want a shirt to wear and "spread the word" with.
I don't like that 20% ish of followers are "fake". How is such criteria determined? I'm unfamiliar with the system.
The Ottawa entrepreneur who founded such companies as Nitro Microsystems and N-Able Technologies has joined WelchGroup’s Chairman’s View Advisors, the firm announced Tuesday.
The consulting firm said in a release that Larry Poirier will bring years of experience to the table, with expertise in strategic planning, growth, profitability and exit strategies.
Nitro Microsystems was acquired by TUC Brands in 2012, while N-Able Technologies was bought by SolarWinds in 2013.
Mr. Poirier currently sits on a number of advisory panels and boards for companies, including Tweed Marijuana in Smiths Falls.
The Chairman’s View Advisors helps owners of privately held companies get maximum value for their businesses by identifying key value drivers and ensuring their company’s value is sustainable, transferable and delivers maximum return on their investment.
You don't necessarily have to be a micromanager to benefit from Nitro Microsystems. Founded in 1987, Nitro Microsystems provides systems integration and information technology services throughout Canada. Services include network analysis and consulting, remote network monitoring and maintenance, asset management, network security, and technology outsourcing and staffing. The company also distributes hardware from Apple and Hewlett-Packard among others, as well as software from such vendors as Lotus and Novell. Clients have included the Canadian Bar Association, QNX Software, and The Salvation Army.
N-able Technologies enables customers with management software for managed services and IT governance. The company's software manages IT networks and systems regarding performance, availability, and multiple-customer management. N-able also has commercial agreements with Ingram Micro, a wholesale distributor of computer products in the US, and Swan Distribution, a software vendor in Denmark, Finland, Norway, and Sweden. The company has offices in Australia, Canada, the Netherlands, and the UK, but the US accounts for most of the company's business. Mark Scott and CEO Gavin Garbutt founded N-able Technologies in 2000.
Tweed had a much longer time to build it's average daily volume than Bedrocan. The average of Bedrocan is misleading if you simply look at it at a glance. Look at the chart for both Tweed and Bedrocan to compare.
If you look at the past month the average volume for Bedrocan is lower than Tweed. But you can also take into account the price per share.
When comparing company volume you also need to look at the total dollar value of the trades.
Again, I don't want to get into comparing the two companies. I think both have inherent value. I just like Tweed much more as a long term play.
Bedrocan is not wrong that they have more Revenue than Tweed last Q.
(Bedrocan)Revenues of medicinal cannabis to authorized patients in Canada were $0.37 million for the second quarter ended June 30, 2014 ("Q2 2014"), and $0.46 million for the six-month period ended June 30, 2014.
Read more at www.stockhouse.com/news/press-releases/2014/08/28/financial-and-operational-highlights-from-bedrocan-s-second-quarter-results#lX63tKxOLamSKebo.99
(Tweed)The Company reported initial sales(revenue) of $188,736, coming from the last two months of the quarter.
Read more at www.stockhouse.com/news/press-releases/2014/08/27/tweed-announces-fiscal-q2-results-and-provides-update#ToZUxS3Kh7bgal3r.99
Nice close on low volume. I updated the page with all the stains that had images available. Once the rest get pictures I will update the landing page.
Feeling good with how the page is looking now. What else should I add?
Also, I was thinking of making an FAQ sticky. Anyone want to put in some input for that?
Canadian MJ IPO plays thus far:
Tweed: Down 43% | outstanding shares = 40.1 million
Bedrocan: Down 39% | outstanding shares = 67.5 million
Organigram: Down 28% | outstanding shares = 51.6 million
While I think the other MJ plays here are not without their own merits, I like Tweed the most. Better growth prospects and share structure. Better branding and outreach programs as well. They also have more liquidity.
Looks like Organigram is tanking on low volume and Tweed is up on low volume.
Sector looks so dull right now by a trading perspective.
Bedrocan is enjoying a nice pump from their favorite pumper.
It would be the wrong decision politically for him to issue an executive order on the subject. It's a game that one has to play for long term gains.
Not to get into defending or attacking any one party or politician but only the AG (Attorney General) and Congress can change the scheduling of MJ for U.S. citizens.
That being said, yes I am a fan of Elizabeth Warren. Unfortunately we have a do nothing congress and the only progress that can be seen has come from the supreme court and in some cases the free market.
Oh good, thanks for clearing that up. Glad to see the pricing model seems to work across the board.
His firm is not listed in the institution holders yet. LDIC Inc.
Prior to joining LDIC Inc., Robert was an Institutional broker with one of the country's largest independently owned investment bank, Paradigm Capital and an Equity Research Analyst at CIBC. Robert is a CFA Charter Holder and member of the Toronto Society of Financial Analyst since 2001. - See more at: www.ldic.ca/robertstabile#sthash.n9d6Hn2p.dpuf
Bedrocan offers free shipping on the first order of the month, not sure what are the costs after. It's probably a good way to get people to buy their max allowance.
Organigram does not offer any free shipping.
Thank you guys for the kind words. I will be completing the rest of the images this afternoon. I was playing around with the formatting and I think this will work best.
Okie dokie. I created the new strain information on the ihub landing page.
I could not do the mouse over trick that I was trying to do. Not sure if it's me or the way ihub accepts scripts. In the mean time I scoured the official images of Tweed's pages for their pictures. Some did not yet have images available but I will update them as I get them. I also added direct links to all the images in the strains section. Comments, suggestions, complains?
Updated ihub landing page with institutional funds. Last night I researched and experimented with the layout I will be replacing the strain information with. I will likely use an HTML effect to switch images between strain name and info (as you see it now) with a picture of the specific strain when you hover over it. I will also add a link to the Tweed store to look at said strain.
Did anyone else see this? New institutional investment as of July 31st.
This is in addition to the fund we already know of. Fidelity Investments Canada ULC
Redwood Asset Management
Shares: 160,805
Percent Outstanding: 0.40
Percent of Portfolio: 2.55
Last report date: 2014-07-31
Two institutional investors now.