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You are wrong. These are reasoned, thought out comments on intricacies of the political process that are certainly up for discussion. Yours is just an emotional rant on a specific political figure.
Keep it off the board.
CURRENT STATUS OF FARM BILL - Blame Rep. Conaway - otherwise we'd have a deal today.
https://www.politico.com/newsletters/morning-agriculture/2018/11/15/conaway-dug-in-on-farm-bill-414424
IN THE HOPPER: In some of the sharpest intra-party sniping yet in farm bill talks, Senate Ag Chairman Pat Roberts on Wednesday blamed his House counterpart Mike Conaway for holding up a potential agreement over concerns spanning at least six titles. Roberts is shooting for a deal as soon as today. Conaway said “we’re going to get a deal done,” but wished talks could remain behind closed doors.
— “Neither one of us is gaining anything by whacking on each other in front of the press,” Conaway said.
CONAWAY DEFIANT AS ROBERTS SEEKS DEAL TODAY: House and Senate Agriculture Committee leaders are within striking distance of reaching agreement on a farm bill conference report, as the Senate panel’s top Republican and Democrat see things.
Roberts’ ambitious outlook of a deal being possible today, if realized, would put Congress in good position to pass final legislation before the year ends. But sources tell MA that lawmakers have a ways to go before a deal can be reached.
The loneliest number: As one would expect, the six titles that Roberts says Conaway is dug in on include the commodity, conservation and nutrition sections. But Roberts also said Wednesday that he, Senate Agriculture ranking member Debbie Stabenow and House Ag ranking member Collin Peterson were all on the same page.
“I am very troubled by the fact that we have agreement among three but we can’t get the fourth one,” Roberts said of the Big Four, our Liz Crampton reports. Conaway has been slow to respond to compromise offers, Roberts said, and at one point took 12 days to make a counter-proposal.
“I think we’re close if the House wants to get a farm bill,” Stabenow said, per another dispatch Liz filed from the Hill.
Conaway’s response: The Texas Republican disagreed with the notion that Roberts, Stabenow and Peterson were in accord. “We’ve got some things I haven’t agreed to, they’ve got some things they haven’t agreed to, so you pick your poison as to who you think is standing in the way,” Conaway said.
The House Ag chairman accused Roberts of also not being quick to respond to proposals. Conaway said it took Roberts’ staff eight days to respond to one of Conaway’s offers.
— Bottom line: It’s become increasingly clear that the Big Four are not on the same page about where talks stand, raising more questions about how quickly lawmakers can get a bill done in the lame-duck session.
Here are Rep. Conaway's social media accounts
Go light him up with comments telling him to pass the damn bill already. Technically he just needs to agree to things in reconciliation but "pass the bill" is more of a slogan.
Facebook: https://www.facebook.com/mike.conaway
Twitter: https://twitter.com/ConawayTX11
CURRENT STATUS OF FARM BILL - Blame Rep. Conaway (my note)
https://www.politico.com/newsletters/morning-agriculture/2018/11/15/conaway-dug-in-on-farm-bill-414424
IN THE HOPPER: In some of the sharpest intra-party sniping yet in farm bill talks, Senate Ag Chairman Pat Roberts on Wednesday blamed his House counterpart Mike Conaway for holding up a potential agreement over concerns spanning at least six titles. Roberts is shooting for a deal as soon as today. Conaway said “we’re going to get a deal done,” but wished talks could remain behind closed doors.
— “Neither one of us is gaining anything by whacking on each other in front of the press,” Conaway said.
CONAWAY DEFIANT AS ROBERTS SEEKS DEAL TODAY: House and Senate Agriculture Committee leaders are within striking distance of reaching agreement on a farm bill conference report, as the Senate panel’s top Republican and Democrat see things.
Roberts’ ambitious outlook of a deal being possible today, if realized, would put Congress in good position to pass final legislation before the year ends. But sources tell MA that lawmakers have a ways to go before a deal can be reached.
The loneliest number: As one would expect, the six titles that Roberts says Conaway is dug in on include the commodity, conservation and nutrition sections. But Roberts also said Wednesday that he, Senate Agriculture ranking member Debbie Stabenow and House Ag ranking member Collin Peterson were all on the same page.
“I am very troubled by the fact that we have agreement among three but we can’t get the fourth one,” Roberts said of the Big Four, our Liz Crampton reports. Conaway has been slow to respond to compromise offers, Roberts said, and at one point took 12 days to make a counter-proposal.
“I think we’re close if the House wants to get a farm bill,” Stabenow said, per another dispatch Liz filed from the Hill.
Conaway’s response: The Texas Republican disagreed with the notion that Roberts, Stabenow and Peterson were in accord. “We’ve got some things I haven’t agreed to, they’ve got some things they haven’t agreed to, so you pick your poison as to who you think is standing in the way,” Conaway said.
The House Ag chairman accused Roberts of also not being quick to respond to proposals. Conaway said it took Roberts’ staff eight days to respond to one of Conaway’s offers.
— Bottom line: It’s become increasingly clear that the Big Four are not on the same page about where talks stand, raising more questions about how quickly lawmakers can get a bill done in the lame-duck session.
Not a bad pickup at this stage of the company.
TLRY plans huge US CBD expansion:
Competition to CVSI but the market will be so large, plenty of room for growth for both.
https://www.bloomberg.com/news/articles/2018-11-13/tilray-reports-stronger-revenue-lower-average-price-for-its-pot
Tilray Inc. is prepared to quickly move into the U.S. cannabis market if a pro-hemp farm bill is passed.
Tilray’s $500 million in cash, its Nasdaq-listing and its global reach “gives us advantages to very quickly deploy capital in the U.S.” if Congress passes the farm bill, which would legalize non-intoxicating cannabidiol derived from hemp, Brendan Kennedy said Tuesday on the company’s third-quarter earnings call. He is also closely watching the STATES Act, which would give states the power to legalize marijuana without the threat of federal interference.
Tilray would have an advantage over U.S.-based cannabis companies that are forced under current regulations to have operations for individual states, he said.
“Companies such as ours would deploy massive amounts of capital in one single location or two single locations in one or two states and quickly move that product from state to state,” Kennedy said.
Tilray, which has a market value of $10.4 billion, reported revenue of $10 million in the quarter ended Sept. 30, an increase of 86 percent from a year ago. Its net loss was $18.7 million, or 20 cents a share, compared with $1.8 million a year ago. Results included stock-based compensation charges and higher operating expenses. The quarter did not include the impact of Canada’s legalization of recreational marijuana, which took effect on Oct. 17.
Tilray shares fell 2.3 percent in extended trading in New York. The stock has surged more than 500 percent since its initial public offering in July.
Tilray sold 1,613 kilogram equivalents of cannabis in the quarter, more than double the prior year’s sales of 684 kilograms. Its average net selling price per gram was $6.21 (C$7.98), down from $7.53 a year ago. This was due to an increase in bulk sales as a percentage of total revenue, the Nanaimo, British Columbia-based company said Tuesday.
Third-quarter gross margin fell to 31 percent from 55 percent, but Chief Financial Officer Mark Castaneda said he expects a longer-term gross margin above 50 percent as new, lower-cost production facilities ramp up.
Earlier, Cronos Group Inc. said its average selling price in the third quarter fell to C$7.32 from C$8.01 the prior year. Aurora Cannabis Inc.’s average net selling price was C$9.19 in the same period.
Tilray, like many of its peers, has been struggling to meet demand in the wake of Canadian pot legalization, which took effect Oct. 17. The company has been meeting with cultivators to see if it can source additional marijuana, but has been surprised by the lack of quantity and quality, Kennedy said.
“Over the last year we kept hearing about all this capacity that people were building out and when we went to buy some of that supply, it’s just not available, people tended to exaggerate their capacity,” he said. “The second thing we’re seeing is there’s far less quality supply than expected.”
Bought more this morning. If it goes down to $3.80 I'll buy more.
If negative statements come out about farm bill or it gets pushed to next year expect a crash in price.
I've been buying on the way down all week. You have your strategy, I have mine. I do hope it goes lower - I'll keep buying. I agree with you on some things.
They had some IP but what they really had was the software engineering talent. Instead of building the talent and infrastructure themselves, the acquiring company simply bought it all.
Same could be said here. I could see a much larger company paying large, venture type growth multiple here to save themselves time, which is the most valuable commodity of all.
How long do you think it takes to build out 2,000 stores, those relationships, the product supply chain etc. What a pain in the ass that is - I've done it.
Instead: Here's a big check, just give it to me and I'll scale it 100 fold. That's how serious companies think.
What you are really buying is TIME and revenue. With TIME being more valuable than revenue.
But you're not interested in having a real conversation. So goodbye for now.
It was $631 million. Perhaps you shouldn't start betting on things? lol.
Companies pay all kind of money for all kinds of things. You may not want to run around speaking definitively on what companies do and do not pay.
My CVSI story - different industry.
I have been in this same exact type of company before.
It was a small, high-growth company in a high-growth industry, on OTC. Completely different industry. It was online gaming. 5 years ago this was the new "everything" if you talked to someone in the industry.
I got in, in a similar environment as CVSI is experiencing right now. Instead of US hemp legalization though, it was online gambling and sports betting legalization in the US.
I was up and down on my money for 1.5 years. It would flirt in the green. But the company just kept putting out good quarters with new partnerships and increased revenue.
Simply put, fantastic company but the OTC has too many manipulators and the volatility isn't based in market forces alone. OTC is the wild west.
The company finally got bought out and I made a lot of money - more than if I had invested in other companies.
The hold was worth it.
Focus on the company and ignore the day to day short traders who spend their lives doing nothing but skimming of technicalities. These people don't know how to create value - they are the vultures of our society.
I'm holding CVSI for years.
As before, I'm hot on this message board now because I'm new to the company (a few months). In a month or two I'll stop visiting and in 2 years see where my money is at.
Long and strong everyone.
Info on Farm Bill downturn
Remember: McConnell says hemp will 100% be in the bill, but the mtg. yesterday b/t two top House AG leaders didn't seem to go that well.
Summary: https://www.dtnpf.com/agriculture/web/ag/perspectives/blogs/ag-policy-blog/blog-post/2018/11/13/house-senate-return-complete-farm
Original Source: https://www.politico.com/newsletters/morning-agriculture/2018/11/13/long-lame-duck-to-do-list-beyond-the-farm-bill-409884
Bad farm bill news today is reason for industry drop today.
Farm bill looking dicier to pass this year - meeting yesterday between top two house members seemed to not produce much. More...
While McConnell has said there will 100% be hemp legalization in the bill, the bill itself may not get done this year because GOP are holding out on positions that they will lose on when Dems take over anyway.
So blame the Republicans on this one.
IN THE HOPPER: Pushing a final farm bill through Congress by January is a heavy lift on its own, given the outstanding policy disagreements and sometimes bitter relations between top negotiators. But amid the crush of other year-end legislative priorities, the chances of finishing the farm bill in 2018 appear even dicier.
— House Agriculture leaders met Monday but emerged without much progress to speak of, apparently. There was talk of putting together a bipartisan House offer, which could spur negotiations among the House and Senate agriculture chiefs toward a deal.
— Senate Ag Chairman Pat Roberts has a lot on his plate, like passing a final farm bill and making big decisions about his political future. The Kansas Republican, who faced a bruising primary challenge in 2014, is up for reelection in 2020 in a state where Democrats are suddenly emboldened.
Today's drop reason: Farm bill looking dicier to pass this year - meeting yesterday between top two house members seemed to not produce much. More...
While McConnell has said there will 100% be hemp legalization in the bill, the bill itself may not get done this year because GOP are holding out on positions that they will lose on when Dems take over anyway.
So blame the Republicans on this one.
IN THE HOPPER: Pushing a final farm bill through Congress by January is a heavy lift on its own, given the outstanding policy disagreements and sometimes bitter relations between top negotiators. But amid the crush of other year-end legislative priorities, the chances of finishing the farm bill in 2018 appear even dicier.
— House Agriculture leaders met Monday but emerged without much progress to speak of, apparently. There was talk of putting together a bipartisan House offer, which could spur negotiations among the House and Senate agriculture chiefs toward a deal.
— Senate Ag Chairman Pat Roberts has a lot on his plate, like passing a final farm bill and making big decisions about his political future. The Kansas Republican, who faced a bruising primary challenge in 2014, is up for reelection in 2020 in a state where Democrats are suddenly emboldened.
Exactly right. Nice chart. The smart people will take advantage of these dips.
I bought more too soon yesterday morning for my trading position. Damn! I don't want to get too over-exposed on this company but today down another 7% is really testing my will. Such a good buying opportunity. May keep going lower this week though.
McConnell: "I guarantee [Hemp] will be in farm bill"
https://thehill.com/blogs/floor-action/senate/415966-mcconnell-says-farm-bill-to-include-provision-legalizing-hemp
https://www.murrayledger.com/news/state/mcconnell-says-hemp-provision-will-be-in-next-farm-bill/article_56e67cf2-e628-11e8-9c2a-1f855de234d3.html
Took 10 minutes or so to fill their 26,000 order. Let's see what happens next. This is where I wish I had Level 2 access but I'm not a day trader. I'm a fundamentals, long-term investor. Today is just a good buying opportunity, in my opinion, and saw that large order.
Someone is buying big, relative to overall trading this morning, repeatedly at $5.00. They seem to be holding the support line for the stock.
Been adding all morning. Pausing to see what next few hours do. Wondering if we'll get down to $4.80 but very strong support at $5.00 so far.
I'm in this long and strong but wow this is a great buying opportunity.
Ready to go back in - when do I pull trigger? I'm thinking we go to mid to high 4s before myself and others start loading up.
Not likely. 1. The farm bill is an extremely large, bi-partisan effort and typical partisan politics don't apply. It's not easy to assign blame with this bill due to the wide variety of people, companies, groups and others affected by it.
2. Midwest voters are very smart on AG policy and this is not a black and white issue. You aren't going to just hold it up and assign blame in broad strokes - midwestern farmers are smarter than that. They get stereotyped one way of being dumb and simple folk, but AG politics is deep and complex and every farmer is aware of the politics that go into this.
3. This bill is not something you run a campaign on when you have exponentially larger partisan issues such as SCOTUS, immigration, national security, rule of law, race relations, impeachment, taxes and more.
Sure, this is part of a campaign, but due to point number 2, you can't run a campaign with the farm bill as your centerpiece in this climate.
The effort to hold this bill up would not be worth the political capital.
OKTA did same thing 2Qs ago - amazing earnings, stock tanked 20% next day. Up a lot since then and last Q earnings popped.
Growth companies don't always fly the next day after good earnings.
That's roughly 435 orders a day since 10/18 if you are counting order numbers. And that's if their website order system is as straightforward as it seems.
Clearly you don't know any then. Normal people just like everyone else looking for info to hit that next big trade and/or find that big next company. And yes, they look on messages boards just like the rest of us.
Heck, a lot of them post uninhibited political rants on Facebook too just like everyone else.
I'm not so sure. You'd be surprised who hangs out on message boards.
Sen. Grassley writes about farm bill:
https://thehill.com/blogs/congress-blog/politics/412546-farm-bill-negotiators-should-take-advantage-of-the-moment
Bought more at $4.72 in my trading position, not my long position.
Easy, predictable swing this morning. Should bounce back up this morning.
My sister, much younger than me, 'hip cool kid' found out I invested in CBD, flipped out and was espousing how amazing CBD is and that she wanted to invest too and she needs to learn about investing.
Or just a good ol' fashioned squashing. One of these multi-nationals could come in and immediately put a marketing budget the entire size of CVSI for one of their products. Even if their product isn't as good/slightly less - it's all about brand recognition and brand association and trust.
This is what scares me in this sector.
Maybe CVSI will get bought out - that would be great - and prudent.
The space is ripe for a killing of the small, startup guys.
Hopefully - I want to get some more a little lower.
Just ordered #119376 at 9amEST Thursday 10/18.
If you ordered in morning of 9/15 that makes 352 orders in three days
If you ordered at night of 9/15 that makes 528 in two days.
"From someone" - there is a LOT of crap posted on this board. A squirrel could post on one of these boards and people would trade on that info.
Who cares what "someone" says.
Long and strong.
Which CVSI product for my grandmother's hands? She has achy hands and is always rubbing her joints on them because they are sore.
Who's uses all their products? Should I buy the balm for her? The gummy or tablet? Anyone else use it for their hands?
Buying back in tomorrow. Sold my trading position a day ago. Awesome swings. My long position is locked in for at least 12 more months.
Absolutely right. I do this and I know many that do. Frankly, I do it to keep my impulses in check. My "trading" position is usually pretty small whereas my "investment" position is much longer and I never sell before, at VERY minimum, a year.
That's great for my CWEB position! However, my CVSI position is MUCH larger.
CWEB is US based - but listed in Canada.
NEWS: CVSI TO BE FEATURED PANELIST AT THESTREET’S INVESTING EVENT ON OCTOBER 13TH IN NEW YORK, NY
Full Article
https://ir.cvsciences.com/press-releases/detail/88/cv-sciences-inc-to-be-a-featured-panelist-at
Highly doubt it holds $5.05 even though I'd like it to.
The market is correcting. I'm focused on the fundamentals of the company and a long-term vision.
Don't even look at the market for the next week.
I'm addressing the people who are inferring - building false hope that it will start trading on the NASDAQ imminently. Whereas my post is a legitimate response to quell unfounded hype, yours is just a sarcastic annoyance that continually clogs up this board.
To everyone speculating on uplisting: They would most likely announce the uplisting before they start trading.