The dark side
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Hiw do you measure the company in terms of sq foot when they take that cannabis and turn it into something else. They already do it with oil, they dilute it with vegetable oil or something right. I'm not arguing but do you have a method for estimating that, there's 10 grams in a bottle you were saying?
I don't have access to bakerstreet so I don't know how to chill.
They have the capacity to get there. 12,000 kg licenced already. So they just need to x4 the production. I have a feeling they'll be pushing more than that out if the current facilities. I think they needed that licence adjustment just to harvest tweed farms. 10x would be if they want to capture One billion sales.
It's going to get there faster than you think and the market is looking forward 5 years usually.
1000 order days, If that keeps up, the Snoop deal will pay for itself in 5 days and we're looking at million dollar weeks, Impressive. Gotta keep that in stock for a long time
Sorry Canopy only doubled your money twice in one year. They only need 300 million 40,000 kg's to be well into the teens in share price. What are the chances that happens
Slim /likely /never going to happen
You did the right thing with your debt 100% and you still have skin in the game you came out ahead.
Lol gotta get that Canopy fix, gas station bathroom? You've hit rock bottom. I don't blame you cheap shares are fantastic. I has an order in for 5.50 that I just missed small I've just been taking cash dividends an loading them in here for almost 3 years so pretty much free shares here also.
Money raises sting for a very short time but long term are beneficial. I hope they raise 100 million at a high as price as possible and go ape shite crazy buying.
Picture 4 bottom right. Neighboring greenhouse is very large. TWEED farms is on the left neighbors on the right.
https://twitter.com/sssmacarthur/status/789982307641880593
Here's a nice piece of information
It's not just saying beer sales. It's not just saying wine, and not just saying spirits. It's saying mj sales will surpass All alcohol sales combined!
We need to get growing
God bless you for this beautiful piece
There you go I can't wait to ring the cash register.
300 million sales 90 million profit can this corp pull that off? That's the question. 4% of the market? 400,000 grams sold.
$18 was a two year target now down to 18 months. I alway though we'd be $6-8 before year end and here we are. I have a target to sell so I don't get to hyped on the stock and it will go higher over the year I bet but I'm good with that. They have 45 million and did 2 bought deals back to back not long ago. Anything is possible it's all just a guess. I have a buy order sitting at 5.50 and a panic day or bought deal to bring it down is still not good but if it fills whatever. We're all positioned quite well way ahead of the game we watched to company grow and now the stock is maturing hang on for the ride.
My guess is that they raise money January or February and they raise a lot double the 35 million. But I don't agree it will be something to wait for. The next raise will be nearing double digits right as thus starts to heat up they raise and go on a production upgrade buying spree for the next year leading into the rec market. That's my best prediction of the future. It's what I would do if I were canopy anyway.
$23 dollars per resident is still close to 1 billion in tax revenue. Not too shabby for a country going ape shite over a 9 billion deficit
Nice each patient spent over 600 last quarter even counting the inactive ones. Before that the average was 426 and 545. Places them between 12-15 million per quarter. Like to see the order numbers and take an average going forward from this date. Pretty much beginning of November.
Thanks I was on the phone and missed it, I'll have a listen now. Bruce is always a fantastic speaker.
Would that be am 900 on a radio?
It's easy to fall into the doom and gloom when the stock is retreating. Even has the mind of a Jedi wavering. Then I remember a market is opening up in just over a year that is as big as the beer industry in Canada with zero companies able to fill that demand and Canopy having the best chance to take as much market share as they want.
Whatever is happening to the stock if it's being shorted selloff whatever it's temporary and in 2 days we could see doom and gloom change to lollipops and rainbow clouds.
I didn't even think to look for light but I swear I read they have lights for winter and something about minimal electricity cost in winter. But I don't know.
We're the plants still growing when you were there or were they chopping? They gotta get that stuff drying.
I chopped a plant I had in my garden and I can tell you probably no one on earth would call it medicine. I don't think most people will be happy with their home grown. I can grow bad ass tomatoes but not cannabis.
The best is yet to come
Bedrocan't!!!
Hey we almost got your dollar day too bad it's in the wrong direction
Stop losses broke 6 then full on panic....
Yea, it's not too bad maybe 10-15 minutes off the highway. It's worth it if you're in the area anyway. It's near some coyote winery
453 Concession 5 Rd, Niagara-on-the-Lake, ON L0S 1J0
Shoppers news is hitting the airwaves. Very positive even if the pps doesn't get effected.
If Bruce was in advanced talks with a pharmacy chain months ago good chance they have something finalized.
Wow that is really amazing to read. Unexpected catalyst there but a really nice one. Thank you!
(Pharmacies by November)
— 💥 𝓓𝚊𝚟𝚒𝚍 𝓑𝚛𝚘𝚠𝚗 ⌨️ (@drowbb) October 25, 2016
They seem to be confused they rate Aphria as a buy with a 6.10 price target, Aphria had sales of 4 million. Canopy has 3 facilities and sales of 9-10 million per quarter. So they pretty much think Aphria should have the same market cap or more than Canopy. Something doesn't seem right with this picture. They're playing some games here not sure what though.
http://www.cantechletter.com/2016/10/m-partners-launches-coverage-aphria-buy-6-10-target/
If you go by last quarters average price per gram it's 84 million.
I think on 84 million they should make 25-30 million. They should be pushing these numbers end of next year just on medical. Just because the eps doesn't show up due to capex doesn't mean it's not there.
We're trading fair value on medical sales the analyst is a dumb ass. He has them making 67 million next year. 5.80 price target.
I think we're trading fair value right now.
Earning per share .35 /30 million pps $7
Soon as they cover or do another pp they'll be adjusting their price targets. Calling it now.
84 million
Yoda price target remains unchanged at a 18 month price target of $18. The stock is trading frothingly undervalued amount of $6.50 as of Oct 24th.
I get more work done on panic selling down days. Remember that we're still doing pretty good here. I actually got back into the server driver seat and wrote some back end code.
My e=mc2 is 300/90/.75/20=$18
I still believe
That would be a very smart move for Trump agreed. I really hope he doesn't do it though be he scares the crap out of me. A bit of a loose cannon to say the least. Canada backing out of legalization should worry me but it doesn't at all. I think they're going to do it. He said just last week we're doing it in the spring. If that changed I'd be out. The only thing I'm thinking about is production. Can they produce enough? I don't know.
The government needs these companies. The liberals are trying to keep power. Legalization is one of their largest promises. That promise can not be fulfilled without the licence producers. One side has no power over the other but they will be cooperating and striking a deal that works for both sides. Their promise has zero chance of being fulfilled without these companies that not a bad position to be in when trying to be heard. We'll see very soon
I have a feeling they needed to get that licence upgrade to be able to harvest. 6 million grams out of Tweed farms. 12 million across the board. The new licence update is only for the next 3 months. It looks like they had a greenhouse full of plants they couldn't harvest maybe the yeild was greater than expected? and needed a short term 3 month licence boost. I was wondering why those plants weren't chopped at the greenhouse. I bet they're in full out chopping mode today with the licence. I suppose in three months time they'll get a full year renewal and we'll have a better picture. 6 million grams would be 14,000 plants although per year in my estimations. I wish they'd just release that information. Would be helpful.creep through the forest and check out the back of the greenhouse! Just don't get locked up.
I don't know what to tell you I have no idea about where the stock price is going. I wouldn't want to be looking for an entry point right now. Just wait until things stabilize a little bit and pray no news comes before then. You will probably have to re enter higher than the 4.80 but whatever live and learn. I wouldn't let that stop you from re entering.
I think you need to be holding as much of this as possible in the next 6 months. What price you can pull out of your hat I don't have a clue.
Lol the farm is in the middle of nowhere on consession 5. unless you're a tweed freak like us no one would really care bit I couldn't pass up the chance. It's kind of ugly but beautiful to me, but like looking at a factory.
Niagara's a nice place enjoy that's a crazy drive for you guys. Your wife would probably like the main street in Niagara on the lake and there's tons of vineyards some grapes are still on the vines.
Don't get suckered into buying a $100 bottle of ice wine that taste like syrup. And don't eat at Yanks no matter what yelp says. That all I can help you with
I'm back in Toronto. I just went there for the day on Saturday. The falls were really nice there was a giant rainbow. There's and awesome road from Niagara on the lake along the Niagara river. Niagara parkway , stop at a small conservation area on the river side. The river is an aqua blue color and the view is unreal perfect place to burn one. The Tweed greenhouse is a must stop but pretty boring try to get a count on the length. There's an ugly house in front of the greenhouse and a large greenhouse beside it pretty easy to find and you'll see the plants from the road if you know what you're looking for. Enjoy!
I'll look at it later on soin do alright. Right now sun is out I'm off to harvest the last of the garden.