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https://www.asx.com.au/asxpdf/20180607/pdf/43vlxvz1ltfywg.pdf
Great timing on this news. 1336 pounds x 450 Grams = 601,200 Grams x $5 (very conservative) =
$3 Million easy.
Doing a lot of DD here and this company is looking really interesting. The Chairman of the board is the Vice chairman of MASTERCARD???
That's crazy. The last results are incredible. 60M market cap seems awfully low. And it seems to have formed a solid base at .30US.
Anyone care to share some DD or thoughts? Thinking of loading not just the boat but the full armada at this low price.
Based on that convention ending today potential partnerships/licensing could be coming up in the next few weeks possibly.
I'm a little confused. How does this relate to Antibe? (Besides this gu being the cofounder) I'm looking at their pipeline and I don't see anything about IBD. Thx
What terrible timing to do this. Bizarre. Always got a weird vibe from CEO Vic, with the sleezy open dress shirt and gold chain.
1. That's a blatant rumor.
2. I was hoping for a buyout from Canopy, but considering Bruce just stated in an interview Canopy had no more plans to buyout LPs, because they would rather build it to their standards in the first place, I highly doubt they got an offer from Canopy.
So i'll call BS on this.
Hemp will be fully legalized in the next few months IMHO
https://www.forbes.com/sites/tomangell/2018/06/05/us-senate-unanimously-approves-hemp-measure/#119e234a1cc3
And when it does I think Hemp will run 200-500% easily. I wouldn't miss this epic opportunity guys!
Probably back to $1.15US, if/when that falls back to a buck, maybe even .90. At this point we know even great catalyst don't help, at all. Legalization coming up isn't helping obviously...And we know dilution is coming end of year to finish buildings.
Sucks.
After a few restless nights I just closed my losing position here. So disappointed with this investment, after holding a year and adding multiple times, sold at a small loss. Don't like the direction this is headed and if we are still red everyday going into legalization, something is very wrong.
The Gene thing is so pathetic and has clearly backfired on them. And now the millions we wasted on him, will be needed to finish the next buildout phases and now they will have to dilute to finish those. And now we didn't even get one retail license in Saskatachawen......And they wanted 7. Weak.
Best of luck guys.
Wow... they we're shooting for 7 and didn't even get one. Pathetic. Seems fishy...Canopy got like 5 alone.
I agree with him...
The chart is looking terrible. Next support I see is at .25, which is a long way down. Doesn't seem like news is helping either.
Interesting, this is now below the bought deal price. Wonder if this is a good entry point?
FML this is getting brutal. After holding, and adding for over a year I'm in the red.
Just saw an article that short interest is up 60% in Invictus. probably because we are stuck in a downtrend and even great news does nothing for us, so it's easy money.
We're getting shorted to death. This sucks.
So glad I bought back in at $19.50. Knew that was a great loading zone. Closing over $30US is sooooo bullish.
I would think another 10% pop at least. Why would anyone be selling at this point? Still crazily undervalued and so much news this month.
Full on beastmode!!!!
Looking good here boys. Should have another nice pop tomorrow when the Canadian exchanges open back up. I'm sure there will be another PR to keep the momentum going.
Here's a good listen, pretty informative.
http://wsw.com/webcast/canaccord31/ivitf/?lobby=true&day=1
Also been seeing a lot of people dissing Invictus because of its small footprint, but fail to understand there facilities are strictly indoor, producing top quality, not mediocre greenhouse bud. Then a direct to retail sales, no middlemen. There revs will be huge and overhead low.
You're a beast! (: What's really crazy is the "optionco" has a possibility of a 1,000,000 sq ft space. That's boss for a small LP.
Read this before selling:
This is what matters, this has not been voted on yet. This will be a stand alone vote, the dems hated on the Farm Bill, but they will pass this.
http://www.votehemp.com/PDF/McConnell-Wyden-HempFarmingAct2018-FINAL.pdf
"McConnell’s bill, The Hemp Farming Act of 2018, S. 2667, was introduced April 12, 2018. If passed, the bill would remove industrial hemp from Schedule I of the Controlled Substances Act and federally legalize commercial cultivation of the crop."
How high are you? Are you shorting the sector right before legalization??? LMAO
"still doesn't have 1 single rec sale" ROFL....Maybe because Rec hasn't even started yet! hahaha
This might be the most bizarre post on IHUB ive ver seen and thats saying a lot.
Canopy X Invictus
http://invictus-md.com/2018/05/18/invictus-acreage-pharms-awarded-sales-license/#more-5016
Probably more sales from Invictus to Canopy in near future. Although Bruce stated h'es not big on acquiring other LPs, considering they already meet Canopys standards for products, I think a Canopy buyout of Invictus is very possible.
http://invictus-md.com/2018/05/18/invictus-acreage-pharms-awarded-sales-license/#more-5016
Per their actual website now too! (:
Based on a 81 day average for other companies waiting on licensing Invictus should be getting their license today. With all the PR they have been doing I think that is more than likely. Hoping for a halt after hours and a big PR Monday morning.
Bruce kills it in interviews!!! Go Canopy, strong like bull.
https://ca.finance.yahoo.com/news/did-aurora-cannabis-inc-just-120000227.html?soc_src=social-sh&soc_trk=tw
Thoughts? Also, don't Aurora shareholders have the final vote on the acquisition? What are most of you guys going to vote?
wow, nice close!
I agree. This isn't looking good guys. Just fell through support and Cam says more acquisitions on the way. Well we know what's happened with the last two big ones, so we already know what to expect.
Not a big confidence booster for new investors to buy in, might as well sell or hold off on buying and reenter when it really drops. Sucks, they will be a beast in the sector eventually, but for now it looks ugly IMHO.
Of course there will be a pop on legalization news, but after that I expect another fizzle down. Meanwhile Canopy is killing it.
Is this getting slammed because Canopy is doing so well? Would love to get some $8US shares.
Looking at the 3 month chart, if tomorrow goes red it will have lost it's major support, not good. Next major support looks to be around $5.50US. If that crashes this is in a lot of trouble.
Long term still an epic company...Short term sketchy.
I totally agree. I think paying 3 Billion for medreleaf was just plain stupid. That is an astronomically high price and coupled with CMED they are really in the hole now. Down the line they will be a power house, but right now, with OS as it is, this is looking ugly. I sold all mine yesterday for a tiny profit, will likely reenter around $4 US.
1 Millions SQ foot potential at one location???!!! Invictus becoming a major player in the game. With that seems like they will eventually be up to about 1.5-2 Million sq feet in a year or two.
Just slapped that ask! Chart looking great, we all know this will rocket ship on farm bill passage, like it did years ago. I'm thinking .06-.10 when it passes.
Wow, this is huge news! I can't believe how much we fly under the radar and don't get the shine we deserve. I feel like this should have popped 5-10% on this news alone, not barely 2%.
In all the FB groups Invictus is never even mentioned, I just don't get it.