is all in $AAPL $TSLA and $PMCB
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FDA Phase 1 to be completed by July 2017 for psoriasis cream.
https://clinicaltrials.gov/ct2/show/NCT02976779?term=one+world+cannabis&rank=1
I believe this helps with patents and is also a hedge against what GW is trying to do in certain States.
It is my understand that a CBD cream could be sold TODAY in MMJ States. OWCP instead wants to be able to label and market the cream as having passed Helsinki protocol IRB safety standards and include information from the IRB efficacy tests. That should make the consumer's choice a no-brainer at green store checkouts- go with the made-in-a-kitchen, hand-labeled CBD cream or go with the pharma grade cream that passed IRB efficacy and safety tests?
No surprise about those markets. Psoriasis is more common in cold, Northern climates. You go where the market is IMO.
IMO the ETF is most beneficial because it gives $PMCB free marketing and, to some extent, legitimacy. Not many OTCQB stocks are in ETFs, although this one is an MJ ETF and there are still many investors who won't touch MJ stocks with their mother-in-laws IRA.
PMCB also has one of the highest ratios in the AggroSphere Index, I believe, at 6. So each share of the ETF "contains" 6 shares of PMCB. That's a lot of extra trading volume because of ETF creation, conversions, and arbitrage.
OWCP Tweets 1-page info sheet:
https://drive.google.com/file/d/0B3CPcGOCWnIPaHlxTjhfVDVRUXJKUUlreWxwZ1JodS1tWnJZ/view
I hope the next person they tap for the advisory board has a background in design and marketing, because this 1-pager, while very informative, is going to turn off a lot of people because it looks like it was created by a high school student.
Please please please let this be true:
https://thejointblog.com/trump-marijuana-fda/
Exelixis, Inc. Turns a Profit, but Don't Get Too Excited - A couple of one-time events helped push the biotech into the black.
https://www.fool.com/investing/2017/03/01/exelixis-inc-turns-a-profit-but-dont-get-too-excit.aspx
Exelixis, Inc. (EXEL) today announced that Michael M. Morrissey, Ph.D., the company’s President and Chief Executive Officer, will provide an overview of the company at the following two investor conferences in March:
Cowen Group 37th Annual Health Care Conference: Exelixis’ presentation is scheduled for 10:40 AM EST / 7:40 AM PST on Tuesday, March 7, 2017 in Boston.
Barclays Capital Global Healthcare Conference: Exelixis is scheduled to present at 2:05 PM EDT / 11:05 AM PDT on Tuesday, March 14, 2017 in Miami.
http://finance.yahoo.com/news/exelixis-announces-webcasts-investor-conference-210500696.html
I recall Ziv saying they will give Gw*h a "run for their money". Let's not wake a sleeping giant and say OWCP said they will decimate the other co. No need, we are not doing competing trails.
Most important for me is that the psoriasis cream is close to market and the sublingual tablet is close to market. I was expecting psoriasis cream and other creams first.
Sublingual tablet is good because that is a licensing play and OWCP could license its tablet IP to numerous companies that want to start their own clinical trials. Money would be minimal at first I would imagine, but in a few years when all those other meds are FDA approved it will be a non-stop source of revenue. Very, very promising. Recall, pure biotech companies have higher PE ratios than pure pharmas because pharmas have limited exclusivity before generics enter the market. In our case, even the generics will have to license OWCP's IP when the time comes.
I like it. I see the company having a very sober and realistic view of the near term. Yes, they would love to get PTSD and multiple myeloma to clinical FDA trails eventually, but they first need to build up a revenue engine to pay for those very, very costly moves.
Very exciting time to be an OWCP shareholder IMHO.
differences in perception? confirmation bias? false-consensus bias?
2.6M Bought
3.3M Sold
700K cross
Please tell me you are Trolling. Noone should be risking sacred and/or scarred money in a biotech.
Trade with your head, not over it.
Out of $HJPX @ $26.3301. Rookie mistake and very lucky I didn't lose money on this illiquid ETF.
2018 at the earliest I would think, but it will be very nice to see we are all on the same page here!
~ $2.50-$3.00
Like printing money
Nabbed 5,000 at $1.95, rest didn't fill. My order at $1.90 was ignored.
Oh man, so jealous! I'm in starting at .206...
No, it's not cool for MMs to walk stocks down to trigger stop losses. Not cool at all in my book.
But there are some people investing with money they can't afford to lose and they must use stop loss orders. The reality is not everyone can watch their stocks all day. MMs know that. Pure greed.
IMO the MMs just collected a million shares that they will sell tomorrow and Friday.
My guess is people put in stop losses at $1.90 - $2. Totally understandable for people with day jobs.
But they will get home tonight to see MMs stole their shares. Trade and learn.
My buy order at $1.90 isn't being filled. : (
Got filled at $1.95 however.
"March 2017" was the latest. Expanded NIH safety right after that.
Someone said "March 20" based on a video recording, but I believe what was being said was actually "March 20 17".
As of 10 a.m., Sell volume is 700K and Buy volume is 500K. This is not a SELLER driven price drop.
They just raised $1.6M in Jan and Feb and that is a lot of money for the way these strategic and frugal guys operate.
Yes, exactly:
Shady Mastermind: (Dark room in 2002) Dr. Baruch, you're going to head up the Cannabis program in Israel for ten years.
Dr. Baruch: To learn about the medicinal benefits of cannabis, if any?
Shady Mastermind: No, so that in 15 years we can do a pump and dump, duh!
Yeah, that makes perfect sense to me.
I know what I own so price fluctuations don't matter. The brass ring that is fast approaching is the IRB efficacy test results. After that, IRB safety study results. Next up, FDA Phase 1 in US. Those are things I'm watching.
Talk about "hedge funds buying $200,000,000,000 shares at the conference" are nonsense. What I am looking for are large blocks being bought today, tomorrow and Friday. I'll take that as a good sign.
However, you have to keep your eye on the ball and that is the efficacy test results. Period.
Yes, buying more XBI at the open. Biotech and PMCB will do well in the next 6-9 months IF big changes do in fact come to the FDA
GARRETT (R-Virginia) INTRODUCES LEGISLATION TO REMOVE MARIJUANA FROM CONTROLLED SUBSTANCES LIST
https://tomgarrett.house.gov/media/press-releases/garrett-introduces-legislation-remove-marijuana-controlled-substances-list
Yes, because this article dropped in NYC before a 3-day weekend:
http://nypost.com/2017/02/17/medical-marijuana-has-gone-corporate/
That gave traders and investors a long weekend to review the 69 companies in the index. The results are clear. Check prices and trading volume. The wheat has been separated from the chaff.
If you were tracking the news of this conference and the ones before it, you'd know that Jeffrey was at the "Cohen & Co. Cannabis Colloquium" on Jan 12. You'd know that originally, just Jeffrey was supposed to be at the conference tomorrow. First they added that Dr. Baruch would also be attending. Then they said all of OWCP's top executives would be available for private meetings.
The logical conclusion is that there was enough buzz going around that they decided Dr. Baruch should be on hand. Then they went even further and said private meetings could be scheduled.
So let me shed some light. IF there are big funds attending the conference you won't see them wandering around the ballroom. The companies will be coming up to see them in suites upstairs or more likely at other hotels. IF really, really, really big funds were interested, expect to see OWCP in the US jetting around to various meetings this week.
Yes, there will be a ton of accredited investor millionaires at the conference tomorrow. But Funds will absolutely be doing private meetings.
And don't forget, Canna Tech is coming up in Tel Aviv from March 20-27. That's even more focused exposure right around the corner!
You need to defend your investments. Your Armor is your DD. Your weapon is Knowing What You Own.
If you're the type to consider selling because someone on the Internet typed "Timber!", you SHOULD NOT BE TRADING EQUITIES. Stick to index tracking ETFs and get your safe 3% return.
Me, I'm thinking my investment in $OWCP will double again within a few months.
EPIC Post my friend!
Nice, balanced, thoughtful post. Thank you!
Have your first member mark!
One day, when $OWCP is a multi-billion dollar Pharma with cures for cancer, PTSD and migraines, someone will write a book and then someone else will write a movie about that book...
In a world where big pharma peddled medicines that kill, where possession of cannabis was a
Federal Crime, a small group of brave doctors, scientists and experts worked feverishly to unlock the mysteries and wonders of WEED...
OWCP, The Movie!
Staring:
Robert De Niro as Mordechai Bignitz
Jeff Goldblum as Dr. Yehuda Baruch
Rob Schneider as Ziv Turner
Angelina Jolie as Dr. Sharon Rozenblat
Kevin James as Jeffrey Friedland
and
Barbra Streisand as Ms. Miriam Sani
Good news for MMJ:
GARRETT INTRODUCES LEGISLATION TO REMOVE MARIJUANA FROM CONTROLLED SUBSTANCES LIST
https://tomgarrett.house.gov/media/press-releases/garrett-introduces-legislation-remove-marijuana-controlled-substances-list
Yeah, this isn't a good time to be in pure MJ in the US:
http://www.thesmokersclub.com/news/trumps-press-secretarys-wife-senior-vice-president-public-affairs-national-beer-wholesalers-association/
Here it comes, shorts scrambling to cover.
Another MJ/MMJ ETF filing, this one in Canada:
Made a big mistake while DD HJPX. While I believe that Japan is a safe place to park money under Trump, this ETF should be in the graveyard. When I saw volume numbers I thought I read them as "000". Nope. This ticker is very illiquid. Moving my funds to EWJ.
Snagged another 400 @ $21.782 myself. Nice Bounce!!!