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.
Yep, and maybe a TSX MMJ fund will be created that Institutions can buy into the basket. No matter what the more MMJ companies there are going public TWEED will be the first and the best with 2 licenses and locations. It will take to the end of 2015 before there is much stock movement IMO, but when they see what lil ol TWEED can do, Look the hell out with this small float. 20 by sometime 2016 is my guess! Go TWEED!
I think it will be hard to compare these companies. TWEED, clearly has the first mover advantage, as niter of the two kids on the block are even producing in Canada yet!
Yesterday, Bedrocan filed its financials for the three months ended June 30, 2014. It lost $590,768 on revenue of $369,433. The company sells each gram of medical marijuana for $7.50, and currently sells approximately 15 kilograms a month. It imports marijuana from its joint venturer, Bedrocan Beheer, which has agreed to make available a total of approximately 300 kilograms of medical marijuana to Bedrocan Cannabis between late 2013 and April, 2015, after which Bedrocan expects its local grow-op facility to be complete. At its new facility, Bedrocan anticipates growing 4,000 kilograms a year to generate sales of about $30-million.
Our other licensed producer of medical marijuana, Denis Arsenault's OrganiGram, has completed a reverse takeover of David Doherty and Aaron Keay's failed mining explorer, Inform Exploration Corp. (IX), and will resume trading Monday as OrganiGram Holdings Inc., symbol OGI. Inform rolled back its shares 0.883604747:1 and issued 34.5 million postconsolidated shares to OrganiGram shareholders, of which 5,715,737 went to Mr. Arsenault, the CEO and largest shareholder of OrganiGram. This company has built a grow-op facility in Moncton and expects to begin selling its product in the third quarter of 2014.
Tweed is making all the right moves! Way to go Management! Congrats to all the longs here! THE REGISTRATION NEWS IS HUGE!
That is a lot of pot MMJ growing down in NOTL. Tweed management is really spot on! Green you been here since the beginning! Me too! Can't believe this sits under 3.00 right now with all the great news as of late. Where are the buyers?
Thanks Carpathian! What a great looking green house! Free Light YES! Wow that is a lot of plants!
They look very healthy! TWEED is rocking it hard!
I still can't believe how fantastic it is to know that TWEED has 2 license out of only 13 LPS!!! Also with two awesome facilities! I have know idea how this stock is still below 5.00 let alone 3.00. Totally
blows my mind. There are other pink sheet companies with twice the market cap without a single license and no guarantee of ever getting one. I can't believe how few posters there are on this board.
I know that as sales increase there too will the stock price. Where are all the speculators? This can't be in this range for too much longer. Once the official PR is released, stating that TWEED is accepting
new patience, then this should begin to move higher IMO.
I also realize the injunction is looming out there. Even if they grandfather those folks in, that's only
40K (I'm sure not all 40k will grow their own) out of an expected 450k over the next several years.
I'm sure when it goes up it will be fast as the float is fairly tiny here! GLTA
I don't think Q2 numbers are going to look that good as this was their first quarter of sales, That being said. The bought deal for 17 million may show up as a profit, That would put a spin on the report. I personally only care about the details as far as operating expenses, customer count. Average per gram sales and the production numbers. TWEED is about growth and their potential. At the possibilities of an 80% gross margin scenario, coupled with the duel facilities, TWEED will be a winner in this bright new industry! IMO. I think the focus on quarterly reports until the end of 2015 is irrelevant. I am so pleased as an investor at all the right moves this company is making that I forgive the share price. There are probably not many investors at this point sitting on profits.
Even the bought deal was priced at 3.20/ Canadian. As with most growth stories the proof will be in the numbers and by Q4 of 2015 I bet those numbers will start to look real good. Once the injunction is lifted (IMO it will be) and if Canada goes legal recreation in the near future. The demand on this stock will put it in orbit. Sit back longs and by the end of next year TWEED will blow all our minds, IMO again! GLTA.
Shares outstanding it should say.
Good Job! I know the shares out stand changed with the bought deal. Etrade has it at 39.9 million.
I think that would be right. Also could you add a pic of the NOTL facility. Thanks so much!
Yes because in the latest interview, Ryan the Master Grower, said that they are now throwing the leaves and shake in the trash. That all could be used for oils, butter, edibles. Lots of profit there too!
Way to go guys. hope these negative fools did not steal your money!
Not sure how many of you are trying to buy shares at the bid but its near impossible.
The MM on this stock must be collecting shares for the imminent run IMO. Two grow facilities!
C'mon MAN! This is the best MMJ play in all of the stocks out there! IMO This will be a power house some day. I bet they will have a nice dividend too! I'm glad to be long! That last NOTL license should
have put this past 5.00 IMO Just a matter of time. TWEED you really are doing a marvelous job!!!!!
Too soon to tell, but based on the fact that VNDM jumped off the ask yesterday and they are now in the 5 to 7 range. I think there is some good upside here going into the earnings report. If they blow it out of the water, I think the stock will rebound hard and fast. The last little bit of decent support was around 7 dollars. I think it will head to that point at least. Beyond 10 will take some serious number, news and or government support of the Hemp Industry.
Although there were many shares dumped recently, it appears that the float is still relatively low.
IMO, only and GLTA!
read the stickeys above the detective lays it out pretty darn good for ya! Millions of restricted shares coming off restriction that were received around a dollar, average. Not all will be sold however. IMO
Yes you are right! I DON'T think that there was ever anything done to the companies that were halted as far as the SEC's investigation went. Just a lot of us investors losing tons of dollars. Scam it was! IMO
Speaking of agendas, when was the last time you saw a bid and ask spread of .15 cents on a t 2 dollar stock? MMs are crazy here!
Not a red flag at all as these were planned to sell one a half year ago. Everything is normal.
The people may have even bought homes and boats early knowing the restricted shares would be sold. All they want is their well deserved money. That is not the point, that happens everyday with healthy stocks. The point is how the MM decided to dump the shares and Mallen hit it on the head!
What I think is strange. If you are a MM with a bunch of non restricted shares to dump, why would you run it down to nothing, take all the wind out of the trade, then let it sit there with no volume. Is the VNDM a bunch of rookies? Everyone knows at a certain point you create a mass buying attempt. That brings
in a whole new set of traders wanting to buy the bounce an then allows the MM to sell into volume after a day or two of heavy buying, IMO these guys are not too bright!
I agree jmallen! I am parked here myself. CANV is the best in HEMP in the USA! IMO
he said that is where they feel it belongs.
i know you spoke with him as that is the exact stock price he said they were looking to be!
Just spoke with investor relations. Answered the phone right away. Very friendly and up beat about the future of the company. He said that they just recorded the highest weekly sales in the companies history. If you don't believe me call yourself it was very easy, (866-290-2157) He said to look for some PR's at the end of the month. Sounded very positive. Said the drop was only related to the un restricted shares coming to market, believes not all shares will. I think the key will be to hold until
the first of September and I personally think the shares will be observed and it will be business as usual. It's a bright future as CANV is the HEMP leader. ALL IMO> GLTA
Approximately Three thousand shares traded in the last 2 hours. Volume went to zilch!
All that dump age was not VNDM as per level 2. If they leave off the ask this could get real fun.
At least one would know that the selling will stop at some point, and then this may be a good longer term hold! IMO GLTA
Looking like the final dump this morning. Phew I hope this is finally over and it can begin to rebuild from here. I have seen this before and this is how the final dump looks. I guess we will see if it closes up as that is how these shake outs work IMO!
Thanks for the reply and good DD. Appreciate that. Looking way more near term, what do you think the stock will do, say over the next couple of days/weeks? TIA and GL.
That being said do you have an idea where this will be trading 6 months or a year from now?
Just because they are free to trade, does not mean it's a definite, sure thing that all those shares have to be sold. Who's to say that the sellers might wait for better pricing, or news will be released that causes a massive spike. Very little downside from here IMO>
My guess is at this low price those shares will get absorbed quickly. Might take another week or two,
but there will be a flood of bargain hunters coming in once they see the price stabilize. IMO bottoms in, My bet is that it will be over 3.00 per share by Friday. GLTA
im seeing the same thing 2.50ish is the floor.
Looking at other MMJ market caps. FITX for example, is 192 million. CANV is now at 79 million.
This is going to bounce because you can't have such desparity! IMO
Any chartist see where the boucnce will take this? Looks like the 16 dollar range was pretty solid before the last big drop. Anyone see 16 by years end if they have some good quarterly numbers or if there is some big MMJ news?
Very little volume this morning. I think that means selling is kaput! All we need now is some buyers!
It looked like the selling eased up yesterday. I think today is flat to a small bounce.
Next week, bigger bounce! IMO GLTA
I thought this would pop, bounce at the 3.00 level. Now I must conform to the idea that this could really got to a dollar and even maybe below. Too many shares for sale. Maybe the company has a worthy PR up their sleeve. No more buying till it either pops or droops to the one dollar level! GLTA>
yes i here you they are in control. no doubt!
Kthanks you could be right but i have a feeling a pop comes before if ever ones! Just a hunch!
VNDM is moving the ask up. If this could clear 3.00 again, look out above IMO Not sure what it' real worth is but I know when an oversold bounce is do, and it's right now!
Tradescott you getting in here? Don't thin 2 is coming at least not before a pop?
Me too and it will be so fast and swift that 5 dollars could be tomorrow! Hold on as I feel it too!