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CEO said he’s working towards getting us on the NASDAQ in the interview seen on my sticky post.
It seems that our numbers are in close agreement.
Very nice.
Yeah, and if that successful and trendy business model seen here in Colorado expands more significantly over time in California and Florida especially, we could be seeing big revenues soon.
Do you think that earnings by EOM and and the FDA announcement could serve as possible catalysts to get things moving here? If earnings are better than investors expected, and if the FDA accouncement on CBD is favorable, will LBUY benefit? I know that LBUY is getting into CBD deals too, so....
"Mexico Moves Toward Legalisation of Cannabis
One estimate puts the potential value of the Mexican market for legal cannabis at $12 billion by 2029.
In a move expected to advance Mexico’s slow march toward decriminalising cannabis, the nation’s Supreme Court has ordered the Health Ministry to draft regulations for medicinal cannabis use by mid-February."
$4 Trillion potential cannabis market.
https://moneymorning.com/2019/09/09/investors-havent-figured-out-theres-a-4-trillion-global-cannabis-opportunity-unfolding/
At least one of our institutional investors is from Canada. Leafbuyer operates in Canada. Why did these guys go so deep into LBUY in July? —Questions.. —Just questions..
Recent lows were in the 10’s. I’d say it’s made substantial progress since then despite earnings not being released yet.
Current O/S = 78.2 million
Fully Diluted after execution of warrants O/S = 115 million
Previous O/S before offering = 47.5 million
200 day Moving Average at time of July sell-off = $0.95
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Math:
47.5/78.2 = 0.61 = 61%
.61*$0.95 = $0.58 value of 200 day MA PPS at the time of the July sell-off based on today’s O/S.
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47.5/115 = .413 = 41.3%
.413*$0.95 = $0.39 value of 200 day MA PPS at time of July sell-off based on fully diluted O/S after warrants are executed.
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Oversold?
because major online services like PayPal, MailChimp, Wix, and Shopify are electing to steer clear of the cannabis industry, companies will have to look to cannabis-centric solutions to gain a foothold online.
The force is STRONG with this one. —In the Darth Sidious voice from SW episode 3.
2nd half of September is 10K annual report.
This appears to be the very beginning of a strong reversal. —Especially if earnings prove to be above par —Proving that the extremely steep sell-off was unwarranted thus making LBUY significantly undervalued. This is my opinion. Do your own DD.
Demand increased 330% recently. The app in development will add value for existing and new customers. Revenues are expected to increase based on the interview in the sticky post. LBUY’s network of websites and apps brings in 10-12 million views monthly. A couple institutional investors are invested LT and deep at .624 per share based on the latest S-1, and we all know how much DD institutional investors do. We’re in Canada and the US; maybe more? —If not now, then most likely we’ll go global outside of N.A. when the world legalizes the medical cannabis. —After a few strokes on the keyboard, we could be everywhere as the Priceline of CBD and Marijuana. —Yeah, we’re getting into CBD too. What’s not to like about the present situation? It’s as if people see a good thing and assume it must be too good to be true, and then they run away. They’ll be back.
It doesn’t take a rocket scientist to see that we’ve reached bottom on the graph for the marijuanaindex. Count me in too.
This makes me feel a lot better investing here: https://www.marijuanamoment.net/president-trump-reiterates-his-administration-will-let-states-legalize-marijuana/
AB 228 was not brought to a vote in California. —Disappointing. FDA and earnings in September are next catalysts.
There will be many more CBD deals for Leafbuyer to advertise if AB 228 passes tomorrow in California --in the 5th largest economy on Earth. I expect tomorrow to be a good day.
Is the Surgeon General a liar about marijuana and pregnancy?
https://headyvermont.com/2019/08/18/project-cbd-sunday-comments-to-the-food-drug-administration-on-cbd-and-cannabis/
Question 2: Pregnant Women
In human research, when confounding variables like alcohol and tobacco use are accounted for, reviews fail to find evidence that CBD or cannabis alone cause harm to the fetus, as Project CBD documented in a recent report to California’s Office of Environmental Health Hazard Assessment (See Appendix B).
Among the key findings:
There is insufficient evidence to conclude that maternal cannabis use causes low birth weight or long-term adverse developmental outcomes.
Labeling cannabis, cannabis extracts, cannabis smoke, CBD or THC as reproductive toxins is not justifiable from high-quality scientific evidence and would misdirect public health and harm reduction efforts away from known teratogens, like alcohol and tobacco.
Although cannabinoids are not intrinsically toxic, they may amplify the toxic effects of alcohol, nicotine, and other teratogens. Thus, public health messages should be tailored towards pregnant women using multiple substances.
Is the surgeon general lying to the American Public about marijuana and pregnancy?
Question 2: Pregnant Women
In human research, when confounding variables like alcohol and tobacco use are accounted for, reviews fail to find evidence that CBD or cannabis alone cause harm to the fetus, as Project CBD documented in a recent report to California’s Office of Environmental Health Hazard Assessment (See Appendix B).
Among the key findings:
There is insufficient evidence to conclude that maternal cannabis use causes low birth weight or long-term adverse developmental outcomes.
Labeling cannabis, cannabis extracts, cannabis smoke, CBD or THC as reproductive toxins is not justifiable from high-quality scientific evidence and would misdirect public health and harm reduction efforts away from known teratogens, like alcohol and tobacco.
Although cannabinoids are not intrinsically toxic, they may amplify the toxic effects of alcohol, nicotine, and other teratogens. Thus, public health messages should be tailored towards pregnant women using multiple substances.
I’ve been confidently scooping up the shares. —Up to 194,000 so far.
Most people have no idea. This is a hidden gem in the rough.
Yes indeed.
Canada is served by Leafbuyer as well. —Several states are as well. All 50 states will be eventually since LBUY is advertising CBD as well based on a recent development from PR.
This is just the beginning folks. California is the 5th largest economy in the world, and they are heavily focused on wellness. The CBD assembly bill in CA is expected to pass by Friday. FDA expected to allow low-concentration CBD for the dietary supplement and food industry. Earnings End of September. Cannabis stocks have historically started booming around this time of year for the last 2 years. Institutional investors piling into LBUY at $0.624 per share based on latest S-1. Around 78 mil O/S currently. Oversold. Buy now!
Are you meaning to post on the CVS page? Your posting is completely irrelevant to CVSI. We haven't acquired anyone as of late.
Once the earnings statement comes out at the end of September and confirms that everything is hunky dory with the firm, these prices may never be seen again. Buy 'em at these prices while you can folks!
FDA is expected to announce progress on CBD regulations by End of September as well. Leafbuyer is expected to profit from this industry by advertising CBD products on their site/app. CBD sales are expected to surpass Marijuana sales (See Google Trends on both). Leafbuyer can set up in entire countries that legalize. As you can see, Leafbuyer is already serving Canada and the US. With the click of a button we could be anywhere in the world that we want to be; that's the beauty of a website/app. This website/app is still in its infantile stage, but with the upcoming developments, we could be moving to the big daddy stage. Keep this one on your radar folks if you aren't ready to pull that trigga!
Wait 'til earnings and FDA announcement by End of September, and walk away.
Now that they have some capital to spend, I am very interested to see what LBUY does with it. I think it’s a big deal that they said demand increased 330% for their services lately.
Patience.