AusCann (ACB.AX) in Australia on its second day of trading since relisting is down 11.36% to 0.195. It delisted at 0.24. Its opening last Friday, on relisting, was 0.28, and has suffered sell offs since then...

11s calling...

FINANCIAL TIMES forecasts: 06-FEB-2017.

The 7 analysts offering 12 month price targets for Aphria Inc have a median target of 6.00, with a high estimate of 7.10 and a low estimate of 4.20. The median estimate represents a 9.09% increase from the last price of 5.50.

Thanks, Yoda, exciting figures... future looks bright... may Friday's EOD bull run continue...

FINANCIAL TIMES forecasts: 06-FEB-2017.

The 6 analysts offering 12 month price targets for Canopy Growth Corp have a median target of 13.00, with a high estimate of 14.50 and a low estimate of 12.00. The median estimate represents a 23.57% increase from the last price of 10.52.

46% RISE...

FINANCIAL TIMES forecasts: 06-FEB-2017.

Organigram:
The 6 analysts offering 12 month price targets for OrganiGram Holdings Inc have a median target of 4.10, with a high estimate of 4.50 and a low estimate of 3.75. The median estimate represents a 46.95% increase from the last price of 2.79.

The plant is almost magical, advocates say, with a range of applications from paper to medicine. So why is it illegal to grow?

Hemp: how one little plant could boost America's economy

https://www.theguardian.com/society/2017/feb/04/hemp-plant-that-could-boost-americas-economy

Hemp: how one little plant could boost America's economy
The plant is almost magical, advocates say, with a range of applications from paper to medicine. So why is it illegal to grow?
https://www.theguardian.com/society/2017/feb/04/hemp-plant-that-could-boost-americas-economy

Thanks, Stoner422, for your smart realistic calculations.
Your figures show that this industry needs a minimum of four million sq. feet to grow the product that will be consumed in med + rec legal demand.
The build-out (if my figures are correct) will need to be twice to three times what exists now or is already in the planning pipeline.
Therefore Bruce's present strategy for Canopy of build, build, build, is the correct business model for future success.

You could be onto something there, Twister1.
I hope they don't buy OGI out.
WHY..?
Because the initial stocks I bought in 2015 have all been bought out, except OGI.
I am hoping that the recent bleed over the recall has bled itself out, and that OrganiGram can now move forward again.
I believe OGI is way under valued, especially compared to other fly-away LPs.
This could / should be trading up towards the 4s.
After all it is a profitable company with strong dedicated management, local government support, room to expand, and a bright profitable future beckoning.
Yeah, I hopes it moves to the 4s and beyond before bigger players even attempt to buy-out OGI...
However, I had the same thoughts about Bedrocan and Mettrum, both swallowed by Canopy / WEED, so what do I know...?

Thanks, Wo...

Now you can buy WEED.... Good morning, Canada...


http://business.financialpost.com/investing/market-moves/as-of-today-you-can-now-buy-and-sell-weed-on-the-toronto-stock-exchange

No, Goodbuddy, the MT.V shares have not been converted by our broker to WEED.
However, our european broker needs to throw a few more buckets of coal into their IT system to catch up with the real-time real world... We don't expect to see the conversion in our portfolio until Monday or Tuesday or even Wednesday...

Big time.... Grow, grow, grow.... Bruce, go, go, go...
600 tons... with Canopy aiming for, what -- 25% - 40% of that market -- can one of you brains work out how much growing footage WEED needs....?

Deloitte report puts recreational demand at 600,000 kilograms per year if legalization goes through.

https://ca.finance.yahoo.com/news/why-2017-invest-marijuana-144638861.html

Agree with JSee.... StevenRisk you made a good Buy, as, imo, OGI is undervalued. Compared to the share price of other LPs OrganiGram looks like offering retail investors the best potential for capital growth. In the next months one could expect share price increases with legislation on the way from the Ottawa government.

Canopy in Australia.
AusCann Group Holdings Ltd (AC8.AX) finished its first day back on the Australian stock market at 0.22, that is down -0.02 from its delisted share price of 0.24, or down -8.33%. It opened at 0.30 before falling to the day's low of 0.21. The volume was 7,222,350. Canada's Canopy Growth Corporation is a minority shareholder in AusCann, holding some 15% to 20% stake in the Australian company.

AUSTRALIA .... Today (Friday Feb 3) AusCann, which Canopy has a 15% shareholding, has relisted in Australia. The ticker for AusCann Group Holdings Ltd is AC8.AX. It opened at: 0.30. It had delisted at: 0.24. So this morning (as I write) it has fallen from the opening 0.30 to 0.23, which is a -0.01 on the delisted share price, or -4.17%. (As I write it is ten to midday in Australia; and ten to six where I am in the Gulf). The volume so fare is: 4,778,041. Hopefully I will report the closing price on its first day of re-trading. Another cannabis play in Australia (MMJ Phytotech Limited MMJ.AX) is down this morning some 8%, however, this little cannabis company with a global reach has seen dramatic life shoot into its share price this week, which is up some +30% since Monday's opening.

Canopy in Australia

AusCann Group Holdings Ltd is relisting this Friday 3rd February 2017.

The company will be trading under ASX code AC8.

Looks like it is bedding itself into the 10s

THANKS, MMPRuser..... enjoy the spa....
Hello WEED...

link...?

Goodbye MT.V and many thanks.

Will this be a dollar day...?

Thank you, CanadianInvestor. This is reassuring. I have found in life that generally speaking politicians cannot be counted on to keep their word ... especially after they gain power. However, your Canadian politicians seem to lean towards a bent to keep their word... they are in danger of giving politics a good name...

Does anyone find that they are losing / winning money with the conversion of MT shares (7.05) to CGC (9.85) ... ?

Does anyone find that they are losing / winning money with the conversion of MT shares (7.05) to CGC (9.85) ... ?

Ha, ha, ha, ha.... Nice one, Yoda, breaking my sides laughing: Bed's about as useful and using a rake to push water up a hill

Hey, Goodbuddy, are you turning out the lights here...?

Aphria: 26% increase.

The Financial Times today (Jan 31) forecasts:

The 7 analysts offering 12 month price targets for Aphria Inc have a median target of 6.40, with a high estimate of 7.40 and a low estimate of 5.00. The median estimate represents a 26.23% increase from the last price of 5.07.

Today's (Jan 31) forecast from the Financial Times for Aurora:

The one analyst offering a 12 month price target expects Aurora Cannabis Inc share price to rise to 3.15 in the next year from the last price of 2.27.

Canopy: 32% increase....

Today's Financial Times forecasts:

The 6 analysts offering 12 month price targets for Canopy Growth Corp have a median target of 13.00, with a high estimate of 14.50 and a low estimate of 12.00. The median estimate represents a 32.38% increase from the last price of 9.82.

52% increase...

Today’s (Jan 31) forecasts from the Financial Times for Organigram:

The 6 analysts offering 12 month price targets for OrganiGram Holdings Inc have a median target of 4.18, with a high estimate of 4.50 and a low estimate of 2.30. The median estimate represents a 52.93% increase from the last price of 2.73.

Court just approved the MT aquisition

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:MT-2440155&symbol=MT®ion=C

(thanks to Tweedlede on the Canopy board .... which becomes the new home for MT-ers)

Is the Canadian marijuana space as a whole undervalued, overvalued, or properly valued right now?
Tough question, because I think as a whole the sector is undervalued, but a couple companies in my opinion are very overvalued relative to their peers.

http://www.cantechletter.com/2017/01/organigram-ceo-denis-arsenault-talks-cantech-letter/

Sitting in a quiet Vancouver Fairmont Waterfront ballroom hallway, OrganiGram’s Denis Arsenault is both open and candid as he talks with me about the company, the Canadian marijuana industry, and its potential social impact. Arsenault is visiting Vancouver as one of fifteen executives from Canada’s biggest marijuana companies for the Canaccord Genuity Cannabis Conference.

Thanks, Wo.

WASN'T there something about Health Canada make an announcement or press conference to do with cannabis at the end of January?

Anybody any ideas...?

OGI sales increase: 117%

https://www.newcannabisventures.com/organigram-q1-sales-increase-117/

Supreme is a great BUY...

We also have shares in Australia, thanks to following the advise of our son.

As I write... MMJ Phytotech Limited (MMJ.AX) has had a nice opening this morning..... it is at 0.225+0.025 (+12.50%)

This canna world is opening to a huge universe...

Supreme is one of the stars yet to shine ... for canny investors it is a steal at these prices...

All ye Supreme-ers will look back in a few years laughing at how little you paid for this gem...

The Supreme victory parade is close... The Sell license is close... My sister has recently bought into SL in Canada after talking to me... now she wishes to buy more Supreme after DD... She is a winner. Supreme's victory parade is close...

50 tonne ain't much in the grand scheme of the future... I think you are right, they will go for more growth...