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.
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.
It's just catching up to yesterdays action. The prints are much slower than TWD.
I wish I was tracking this, what is the longest the shop has been "out of stock" of any particular strain at a time? Just simple observation makes me think it hasn't been longer than 48 hours. I wish I knew for sure.
Overvalued in what way? By what measure?
By the measure of market sentiment? Sure.
By the measure of the company? Absolutely not. Having two licenses and two operational facilities. Sales. A brand. If anything it's undervalued.
Will Tweed one say be forced to release sub patient numbers? Maybe.
Do I care they don't release that? No. It doesn't bother me. What matters to me is seeing the company move forward. This is an emerging market.
Using the example of a company YOU yourself are invested in and ironically there has been bashing from people of that board to this board lately. Not sure why.
F!@X has double the market cap of Tweed yet has zero licenses and is bleeding money with no sales. That's not even to mention the mess of a share structure that it is. The market at this time values it higher. I won't speculate as to why and I won't comment on my opinions of the company but using PPS and market cap as evidence, again, is not evidence.
Not agreeing with the explanation given by the CEO of a company is not evidence to the contrary. "This is the answer. take it or leave it".
Show me EVIDENCE that not providing patient numbers is nefarious. I offered you evidence of my position. Show me yours. =)
That's a good point, I did not think of that.
My professional life experience, one specifically I worked at from its infancy all the way to being acquired by one of the largest companies in the world and becoming a household name. I can confidently say this would make sense.
See, right there I know you're not serious about an honest debate/discussion. You use PPS are your evidence to support your position that Tweed has low numbers. That's not evidence. You could then make the same argument of EVERY MJ stock and say ALL of them are bad companies.
The entire sector has dropped 50+ percent this year. That doesn't mean the sector is dead or bad all it means is the sector is bearish.
Please read my post #9892 for my understanding of the subject along with evidence to support my claims/opinions/statements.
Here are all the reasons I can come up this in my brain, I will add any evidence that I feel relevant to my reasons.
1) AS THE COMPANY STATED: Not disclosing the patient numbers helps ensure people buy more, more often.
Response from Tweed Investor relations:
My Email this morning:
If you're going to go to a board simply to 'bash', please know the difference between 'through' and "threw".
Furthermore if you believe that the resignation of Chuck Rifici is as you say "check mate" then congratulations, you have zero reason to be on this board. Please move on.
Thank you for that post, it's an excellent summary of our current position.
I think this evening I'll work on a section or improve on the strains section so that it also shows images of the strains themselves. That looks too good to not put front and center.
Your argument is not without merit but it's the same argument that can be made of any other producer. Including one you are currently invested in that starts with an F and ends with an X.
My counter point is, as previously stated, Tweed is eyeing international expansion. They have the cash, if they prefer they have offers from Canadian banks for loans, and the experience in doing so. The next few years is going to be interesting and I suspect as other countries fall in line with the winds of change the Tweed brand will be there.
There is also the 2015 election which if Liberals win, and polls currently show that might be the case, recreational MJ will likely be in play.
Tweed is projected to grow 22046.22 lbs by end of 2015 . This is equated to about 100 million of annual revenue in just MMJ.
There are no definitive plans to grow more at this time.
CEO has expressed Tweed is looking to expand internationally.
Please read the Q2 sticky and associated links to get a clear synopsis of short term expectations.
Nothing is definitive as there are two legal challenges currently in Canadian courts.
1. Personal growers right to grow. -
*I'm of the opinion that personal growers will not create an impact to the LPs. My reasoning is historical precedence of Alcohol products.
2. Edibles/oils/ext ability to be sold through licensed producers. -
*Tweed current margin is approx. 70%. Should edibles/oils/ext become part of the bottom line we should see those margins go up along with additional revenue streams.
Early 2015 to Mid 2015 is the expected closure of these cases.
Thank you for that great read. If we see more articles like these I suspect we will be getting prepped for a bull run come Nov area.
Full article for the link impaired.
Early morning bounce on what seems to be normal volume. 1/3 of the buys from U.S. symbol TWMJF.
Demand is outpacing supply in the industry
http://www.news1130.com/2014/10/02/hundreds-of-companies-still-waiting-for-medicinal-pot-growing-licences/
Hundreds of companies still waiting for medicinal pot-growing licences
Only 13 business out of 300 have been granted approval
VANCOUVER (NEWS1130) – It’s been six months since new federal laws kicked in requiring all medicinal marijuana to be grown in commercial facilities.
However, Health Canada has approved only a fraction of the businesses which have applied for licences.
Thirteen companies are listed as licenced producers on Health Canada’s website.
Herb Bell with Canadian Medical Cannabis Partners points out 300 companies have applied.
“Health Canada is lacking. They’ve completely dropped the ball. They are understaffed and overwhelmed. They are being sued. They don’t want to move too quickly. This is like a trial period for them,” he says.
A single company, he estimates, can only supply about 3,000 patients, so demand is outstripping supply.
“In Vancouver, doctors don’t even bother going the federal route. It takes too long. They’ll just give you a card for one of the medical dispensaries in the area that operate in a legally grey area.”
Canada’s medicinal marijuana laws are the subject of two court cases.
People wanting to continue growing their own medicinal pot in accordance with laws before April 1 are challenging the new legislation, and have been granted an injunction to continue their home-grown operations.
The Supreme Court of Canada is also being asked to consider whether laws should be revised to allow people to ingest, rather than strictly smoke, cannabis-laced products for health reasons.
The best thing we can do is not feed them.
It's good to defend your thesis on a position but do so as professionally as possible. Don't lower yourself and let the emotion drive you. Be Vulcan.
Mods will do what they can to stave off the attacks to keep a clean and secure board.
Keep the information factual and/or constructive and I will continue to keep clean concise information on the landing page and stickies.
Times like these bring out the worst. I am still waiting on a reply from investor relations to my questions from Thurday and Friday. Once I receive a reply I will post it.
I make it a point to make it easy for everyone to have the company contact info so they themselves can also contact them if their are concerns they have.
See you guys Monday. Have a great evening.
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
It's always difficult to hold on to shares when you keep seeing red. Especially when it doesn't seem to be the companies at fault.
Yes, one person came on here to share a negative experience.
We have others who are Tweed customers who have shares positive experiences.
Try to stay away from the noise. If you're concerned please contact investor relations like I do. Put time and effort into your investment.
If you don't like what you see, sell. End of story.
I for one have continued to share my view of why we are going down.
Two big factors: Overall market weakness and MJ sector weakness.
Something else to ask about in Q3 conference call. I will also contact investor relations to see if I can more information. I should also email Marc to see if he can give me more information.
The tone and grammar seems awfully familiar with this person doesn't it?
When you break down the names into two parts you can get AwesomeTweed which has 3 syllables. Half Life 3 confirmed.
Is that what your crystal ball is showing? If it happens I would like to order one of your crystal balls.
There is no one specific reason why it's fallen. Look through past posts here from the regulars. We have all stated reasons why it seems to have fallen.
*TSX / Russell corrections
*MJ Sector as a whole has continued to get beaten.
ext ext ext, nothing specific to do with Tweed or someone of these other more legit companies at a fundamental level.
Nice observation, let's see if the techs hold in the next few months.
I'm of the opinion that the "market makers" are getting prepped for a cyclical run. I have no proof other than what I'm seeing here. If I'm correct we should see the beginning of an up trend in the sector sometime in Oct.
Here's to crossing our fingers.
Thank you for the sharing the DD.
Welp got my 2k more shares filled with all this downward volume.
You, I, and a handful of others see this and how terrible the sector and market are. Yet the blame falls on the company when there is evidence that it should be the contrary. =)
Markets correct, sectors flourish/crash, all part of the game.
Tweed and the MJ sector will have its time.
I regret that your impression is one of a being "touchy".
I have performed my DD and spoken to Tweed investor relations and support staff in the past. They have always been helpful and timely. I invite you to please share your grievances with Tweed personnel and if you would be so kind, please post here replies and the outcome.
They aren't doing anything wrong that I can see. Look at the volume that tells the whole story. Yes, the chart sees a down trend. If volume stays the same then it trend will continue. The best way Tweed can serve it's investors is to continue to move forward. They do all they say they will do in a timely and efficient manner, that's what matters to me right now.
You should be sending this to investor relations.
I'm not sure who on this board thinks patients are "pot heads" but that shouldn't matter. People have opinions, some will be in line with your own, some not. Getting angry about it serves no purpose.
With respect, I'm skeptical of a person who says they are a patient and creates an account and posts just to trash the company. Seems such effort could be used more constructively. I hate Comcast as a company but I don't go on a stock board to complain about them. I use such effort to write to investor relations and the executive board, that's how things get resolved in a constructive manner.
They do so in such great precision. Love watching the growth.
My TWMJF order never filled at 2.05 which I put in at 9:20am. Even though it closed at 2.03. Let's see how it plays out tomorrow.
http://www.financialdirector.co.uk/financial-director/extraordinary-items-blog/2373065/rificis-high-hopes-as-cfo
The more I read the more I think he left to protect himself and Tweed from accusations of conflict of interest. His future is political. Linda McMahon from WWE did this prior to running for Senate.
Good. Today was a rough day for my account. Days like these I need to run an extra mile, lol.
Yeah, such pathetic volume will also draw the PPS down easily.
TWMJF is over double the avg volume right now. I have an order at 2.05 since 9:20am waiting to get filled, looks like buying is taking a while.
TWMJF also accounts for about 30k of todays volume. Some U.S. attention it seems.
I've been following the MJ stocks in general looking for some signals of accumulation for a Nov-Jan run. I think some people are prepping for such a run. That doesn't mean it's a guarantee though; it just means some people might have the same opinion that another run will be happening soon.
Yeah that would make sense. Considering we had a month of selling with limited supply last Q. 200-300% should be doable. Hopefully this IR firm Tweed hired will do a good job with the information.
Not surprised, I actually expect prices as a whole to go up. They are well below black market prices and these companies need to get into profitability zone sooner rather than later.
We could always ask why it is they seem to have issue keeping stock of certain strains. It could be harder to grow or they miscalculated demand.
Put in my order for 2000k more shares. Let's see if I hit it this time. If not, no prob. We are in a long lul period. A whole lot of uncertainties with the sector and the market as a whole. Do we get another sector bull run end of year? We will see.