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Buy CGC...
By 36 I had already did the boat; lived with my family on the Med for 5 years... already did the sports cars... already did the big house in the country by 40.... you will discover that life only begins to really kick in when you hit 60, and if you keep your health (avoid sugar, alcohol, processed foods + exercise) you can look forward to 30 of the most fantastic years of your life... and if you make wise investments (buy CGC) you can live a life mainly in 5-star resorts across the globe in mind-blowing settings...
Wow Sailor and Bushw, you are both 65, me too, a number on here are in this age group, now we are living on the other side of karma... and CGC is that karma...
MT and CGC merger to close next Tuesday:
https://www.newcannabisventures.com/canopy-growth-acquisition-of-mettrum-to-close-january-31st/
CGC / MT merger to close on Tuesday
https://www.newcannabisventures.com/canopy-growth-acquisition-of-mettrum-to-close-january-31st/
There is an urgent need for HC to now grant Supreme the Sell license.. logic is calling out for it.
SUPPLY CANNOT KEEP UP WITH DEMAND
https://news.lift.co/supply-shortages-affecting-patients-increased-supply-expect-soon/
While new producers will help address the issue long term, say Moeller, one way Health Canada can better address it now is to issue sales licenses to those already licensed to produce and increase production licenses for those already selling to patients. There are currently eight producers still awaiting a sale license to the public.
https://news.lift.co/supply-shortages-affecting-patients-increased-supply-expect-soon/
We have noticed customers and investors complaining that there is nothing (so little) for sale in the online stores run by Canopy and Mettrum.
Yet the October crop was huge, the biggest crop yet, and that should be dried, cured, processed and for sale now.
But these complaints suggest that it is not for sale in the quantities that patients / investors expected.
WHY?
Is it that the Germans have demanded a continuance of product (medicines) supply if they allow Canopy to sell to their patients?
Knowing the Germans, I believe they will not tolerate medicines running out for their patients, especially as their insurance will be paying for these medicines.
So is most of that October crop already destined for Germany, where the profit margins are far higher than in Canada?
We will probably not know the answer to this question until the financial figures come out…. that will probably not be until summer or autumn.
Those financial figures will have the potential to shoot the share price of Canopy up to new blue skies.
So can we extrapolate that any person who buys in now, and purchases Canopy shares, this winter / spring, may see a large, and maybe an exponential increase in their wealth?
We have noticed customers and investors complaining that there is nothing (so little) for sale in the online stores run by Canopy and Mettrum.
Yet the October crop was huge, the biggest crop yet, and that should be dried, cured, processed and for sale now.
But these complaints suggest that it is not for sale in the quantities that patients / investors expected.
WHY?
Is it that the Germans have demanded a continuance of product (medicines) supply if they allow Canopy to sell to their patients?
Knowing the Germans, I believe they will not tolerate medicines running out for their patients, especially as their insurance will be paying for these medicines.
So is most of that October crop already destined for Germany, where the profit margins are far higher than in Canada?
We will probably not know the answer to this question until the financial figures come out…. that will probably not be until summer or autumn.
Those financial figures will have the potential to shoot the share price of Canopy up to new blue skies.
So can we extrapolate that any person who buys in now, and purchases Canopy shares, this winter / spring, may see a large, and maybe an exponential increase in their wealth?
Just turning off the lights...
Correct.... Whatever Germany does the western european countries will follow...
It is Thursday evening here in the Gulf, when the Arab weekend begins, and I am off to a party thrown by an oilman.... let's hope the CAD$ keeps rising, and of course, Canopy keeps rising.... the next market days might be exciting...
CAD$ moving up again, clawing back last week's losses ... after the CAD$ fell off a cliff on January 18th. The price of oil has moved up. Canadian oil companies must be getting back to making money. If I understand it, Canada has invested heavily in oil, and now those investments are coming on stream, and into production, and they should be showing profits for the next two years or so.... however, Canada was caught as an oil producer when the oil price collapsed in 2015 and 2016.... So other oil investments did not go ahead, and that will be felt in a year or twos time.... With the OPEC production deal oil has moved up to the $50 range... giving Canada more money... that means the CAD$ is gaining strength against the Euro and against the US dollar and the Danish Krone. The CAD$ fell off a cliff on January 18th, when the central bank threatened to cut interest rate to 0.25% (I think it is 0.50%) but the CAD$ has risen again since then, yet it is still below last week's close. CAD$ fell from 2012 to 2014, then rose in 2015 before the Saudies upped oil production and collapsed the oil price down into the $30s... oil is now at $50s range, so the CAD$ has risen since Feb, 2016... i would expect that over the next two years that the CAD$ would be strong against the Euro due to the oil price increasing, however, the Canadian central bank could cut the interest rate and the CAD$ could fall off another cliff...imo
He Mister M, don't beat yourself up... U can never smoke enough...
I've toked nearly 50 years now, and many of my contemporaries, who lectured me to stop or I'd kill meself, are now dead...
Where's the switch...?
The CEO buying more stock in his company is so reassuring to wee retail investors like ourselves... Thanks for that Mr Magic....
Wow... thank you.... I do greatly appreciate your input, knowledge and wisdom. You are an inspiration to so many of us small retail players.... Blessings on your day.
Canada calling...
If I go to her, I will never leave her...
Re: joint ....
I am in a desert where one jay is one year... one tab is one year... and inside is not nice, they are known to be fond of torture... but under such oppression there are some beautiful people here, and with them i celebrate life...
right now i do not need a jay... i am on cloud nine... the library system in Denmark has today praised a novel i wrote a few years back (recently translated into Danish) ... so i am floating on cloud nine, listening to Mozart... i gave up writing two / three years back to make money by investing in stocks, geopolitical plays, but especially investing in Canadian canna... and Californian CBDs.... i'll stay 13 more months at this wonderful trading before giving it all up and going back to writing, where money is never / rarely made... but cloud nine floating is everyday... with or without a jay... i think next year i will go to Canada and invite all you gals and guys on these canna boards to dinner...
Thank you, CanadianInvestor, your advise, as usual, in invaluable... Thank you for your insight and foresight...
Is the Bull momentum still there with EOD 2.67...? Or what do your charts show...? Thanks, Aglia Long.
Green, green and green is ahead of you, Stoner422, and you Mister MMPRuser, and Eagle, and TE, and T, and DD, and Mbrown, and Y... et al...
I am sitting in the desert, listening to a Mozart piano concerto, and my eyes are feasting on green grass as far as I can see... yeah, the local landowners decided to turn the sand into grass... green, green, green ... and green green green lies ahead of ye all because brave heart won fair lady...
Well done on your 10%...
You made clever move, imo.
The best we got was a shade over 10% and the lowest was slightly over 8% ... making such gains sure beat bashing bricks back on a building site....
Your reply:
question is john 1311 like for John 13:11
"For he knew who was going to betray him, and that was why he said not every one was clean."
warrants this reply from me:
In politics
Truth
Is a bystander;
Bemused,
Bewildered,
And betrayed.
In business
Truth
Is conformed,
Commercialised,
Contracted,
And condemned.
In life
Truth
Is the cure
Sick people
Refuse,
Reject,
And rebelise.
In Heaven
Truth
Has already set you free.
Your caution today is valuable advise, Stoner422.
In the first week after the announcement of the merger at 0.7132 for every thousand CGC sold and MT bought we were able to net 74 'free' shares... in the second week we were able to make 107 'free' shares.... at today's real-time prices it is down to 7... Too narrow to venture.... We played out 50% of our CGC shares, basing our belief that the deal would not have been proposed if management and insiders had not already believed they had sufficient shareholding + support to carry the deal through to completion. We will know next Friday if we (and management) have been successful, or we could face the wipeout landscape you so aptly described in your informative post... however, we believe life is for the living ... and the brave .... faint heart never won fair lady....
And will the ticker become WEED....?
Yes, Mr H, 'Very interesting'.
Thanks.
Agree with you, JSee:
"The new facilities will allow for a 10-fold expansion of product. It's easy to see their PPS becoming 10x what it is today within a couple of years."
When OGI turns, which it will, we could witness a rocket taking off...
Great run yesterday.... And still three days left before merger vote.... the retail investors seem to be a majority in favour of the merger.... management and insiders are already onboard for merging into Canopy... looks like the biggest canna company in the world is being birthed before our eyes...
"Brown says Aphria (TSXV:APH) has a quality management team with decades of greenhouse and agricultural experience and a defensible low cost production. The analyst has a “Buy” rating and a one-year price target of $7.10 on the stock, which closed Friday at $5.57."
http://www.cantechletter.com/2017/01/6-companies-will-win-canadian-marijuana-space-says-m-partners/
(This is thanks to Mazzjazz on the Supreme iHub board)
Another Canopy forecast: $14...
"He says Canopy Growth Corp. (TSX:CGC) has strong brand recognition and has become the “go-to” Licesned Producer for strategic transactions. The analyst has a “Buy” rating and a one-year price target of $14.40 on Canopy, which closed Friday at $10.09."
http://www.cantechletter.com/2017/01/6-companies-will-win-canadian-marijuana-space-says-m-partners/
(This is thanks to Mazzjazz on the Supreme iHub board)
Another forecasting OGI in the $4s...
Brown says OrganiGram (TSX:OGI) has a unique tiered growing structure and a low-cost indoor structure and strong management. He has a “Buy” rating and a one-year price target of $4.40 on the stock, which closed Friday at $2.65.
http://www.cantechletter.com/2017/01/6-companies-will-win-canadian-marijuana-space-says-m-partners/
(This is thanks to the guys on the Supreme board)
THE BEST PLAY:
Could Organigram: OGI.V be the best play this week....?
The Financial Times forecasts that ORGANIGRAM will go up by 65% this year.
“The 6 analysts offering 12 month price targets for OrganiGram Holdings Inc have a median target of 4.38, with a high estimate of 4.50 and a low estimate of 2.30. The median estimate represents a 65.09% increase from the last price of 2.65,” from Today’s Financial Times.
Some investors say that OGI could hit the 4s.... It has retraced more than other canna companies in January, because of the recall.... but it looks like the contamination of the product is not down to OGI or its management or employees, but to a third party, and it could even be as simple as someone not properly clean out a fertilizer mixing bowl because the contamination is so small that it was one part in 14 million.
So are we going to see a clean-up pop this week…?
The Financial Times today forecasts:
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 2.60."
The Financial Times today (23Jan17) forecasts:
Aphria: APH
"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 14.90% increase from the last price of 5.57."
Forecast from today's (Monday 23Jan17) Financial Times:
Organigram: OGI.V
"The 6 analysts offering 12 month price targets for OrganiGram Holdings Inc have a median target of 4.38, with a high estimate of 4.50 and a low estimate of 2.30. The median estimate represents a 65.09% increase from the last price of 2.65."
65% INCREASE... man, oh man, hold onto your hats
The Financial Times today forecasts:
Mettrum: MT.V
The 5 analysts offering 12 month price targets for Mettrum Health Corp have a median target of 8.00, with a high estimate of 9.25 and a low estimate of 6.25. The median estimate represents a 14.29% increase from the last price of 7.00.
Today's Financial Times forecasts:
Canopy: CGC.TO:
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 28.84% increase from the last price of 10.09.
Excellent, Mr H, excellent...