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Furry brilliant...
Brilliant... Dbrown13
Red day in Germany. 9,600 jobs lost at Commerzbank (down -3% today). Dax down.
Also down
Canopy Growth Corporation (11L1.F)
Frankfurt. Currency in EUR.
2.685-0.06 (-2.19%)
But, hey, buds are better than banks. Sleep soundly.
Mettrum up: 3.63.... Well, Darius, looks like you picked another winner...
Many thanks, Aglia...
It was the first time I saw Mr D,
however,
I felt he had a serious handle on the sector, and he foresees its future from the figures the med industry is now throwing up....
Darius, well noted on the banks...
When he said it, I smiled.
Those Banking-Boys will not eternally resist the smell of money, and the way banking is going now (Germany maybe in bail-in / bail-out) the Canadian banks should be jumping hoops to do legal business with the LPs, but maybe the senior banks' involvement in the USA is keeping them away...
I to am mesmerised that so few have grasped onto these stocks, because this sector is simply already a most profitable geopolitical Bull run, possibly it will run to be the best run in recent financial history....
yet only us small few retailers are in this golden sector...
so many people are passing by this biopharma goldmine to risk their money on more conventional instruments, which will never match the growth potential of the Canadian LPs ...
I, too, am just baffled by it... sad to see so many missing real money opportunities,
however,
the biggest money is yet to be made...
in fact, it's only starting,
and if there is no world economic collapse, then this is a Bull to run for the next few years...
I hope you all make money.
Good Post, MMPRuser.
You are right, Health Canada must ease up on the LPs, allow easier access for patients to their medicines.
Health Canada must step up the PR campaign against the black market by launching public information on TV, radio, newspapers and the web telling Canadians how they can go lawfully about their lives by telling them how they can legally buy medical.
She sounds intelligent too...
Maybe ask her if she could please give us her opinion on this:
Cannabis in Canada – Klondike goldrush reloaded
http://comcap.media/market-trends/60-cannabis-in-canada-klondike-goldrush-reloaded#.V-v-aTELh_g.twitter
In April 2016, Canada's health minister Jane Philpot announced in front of the UN General Assembly in New York plans of Canadas Prime Minister Justin Trudeau and his Liberal government to legalize cannabis in spring 2017. In June, this public statement was hardened when Canadian Justice Minister Wilson-Raybould proclaimed the launch of a task force to advise the Canadian government on the subject. With the prospect of full legalization of marijuana to adults and thus the opening of the markets aside from medical use (which is already allowed in Canada) for investors, it is time to have a closer look on the situation in Canada.
In our last article we gave an overview of the cannabis industry in general, with a look at the market and big participants, the legal situation in the United States, as well as a brief history of Cannabis and its medical applications aside from recreational use. This article will focus on the market as well as the current legal status in Canada.
Historical and social context
A report of the Canadian Centre for Addiction and Mental Health indicated in 2014 that the country has one of the highest rates of Cannabis use worldwide. The study stated that more than 40% of the Canadian citizens have used cannabis at least once in their lifetime and that about 10% have used it in the year before. And this although cannabis was prohibited and added to the Schedule of the Opium and Narcotic Control Act in 1923.
The (il)legal status of Cannabis stayed like this until the year 2000, when the Ontario Court of Appeal ruled that Canadians had a constitutional right to use cannabis as a medicine. One year later Medical Marijuana Access Regulations (MMAR) admitted legal access to cannabis for medical purpose, this way allowing authorized ill people to grow marijuana or to receive it from authorized producers. In 2014 Marihuana for Medical Purposes Regulations (MMPR) substituted MMAR. It treats marijuana as a narcotic, regulates the MMJ (medical marijuana) industry and consists of three key components: “authorizations to possess dried marihuana; licenses to produce marihuana, which include Personal-Use Production Licenses and Designated-Person Production Licenses; and access to supply of marihuana seeds or dried marihuana” (Health Canada). Today around 30 MMPR licenses are held by approximately 21 licensed producers (LPs), with 1300 applicants being in queue for a license.
According to a survey by Nanos Research, conducted in February 2016, in total 67% of the Canadian population support marijuana legalization. The same study states that 44% of the Canadians would prefer buying marijuana in dedicated dispensaries, pharmacies (43%) or regulated liquor stores (36%). Multiple choice answers were possible.
Legal considerations about fully legalizing cannabis in Canada
Canada signed three international treaties that oppose possession and production of non-medical marijuana: The Single Convention on Narcotic Drugs of 1961, amended by the 1972 Protocol; The Convention on Psychotropic Substances of 1971; and The United Nations Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances of 1988. All contracts however have clauses implemented that grant the right to withdraw from these UN conventions by written notification to the UN Secretary-General, taking effect one year after the date of notification was received.
Moreover the legal framework has to be adjusted for a complete legalization. Schedule II of the Canadian Controlled Drugs and Substances Act, which implements the UN conventions on a national level, has to be repealed. New penalties for operating outside of the legal system have to be installed. Government Taxation of marijuana has to be established as well.
Investment opportunities
Mackie Research Capital Corporation projected a powerful growth of registered MMJ clients from 38,863 in 2015 to 715,000 in 2020 (+1,740%). They did so based on data provided by Health Canada as well as the US states of Colorado and Oregon, where cannabis is already legalized for both medical and recreational use. They also calculated a rise of the amount of MMJ sold annually to clients from 6,432 kg in 2015 to 124,443 kg in 2020 (+1,835%), a number which correlates to the increase growth of MMJ clients. For dried marijuana sales it was from 6,388 kg in 2015 to 87,110 kg in 2020 (+1,364%). Extracts and oils sales are forecasted to explode a shaking 84506% from 284 L to 239,998 L in 2020. The total market size is projected to rise from C$49 million to C$1,146 million in 2020 (+2,238%). With a complete legalization of cannabis in Canada in 2018, Mackie Research calculated a total market size of C$2,800 million by 2020 (+5,614%), respectively C$ 2,047 million by 2020 (+4,077%) with a more conservative approach, assuming full legislation in 2020.
Ah...
I have been trying to reach you but it says it is blocked by you...
wow...
so how do we unblock...?
my wife and I....
we do everything together....
She was the one who turned me on to OGI.
She said we would make the most money from OGI than any other LP or any canna play in the USA.
She was right.
We are up 328% on OGI in the last year.
And she says that these canna shares in the future will be huge .... meaning the price per share will be huge....
She cannot put a figure on it because the future figures just boggle her mind....
She does not take any THC.
She occassionally uses CBDs.
And she says that people / investors cannot believe how big this market is going to become...
You are right, he recommended MT over CGC, in fact over all the other LPs....
OGI came in second place to MT.
The analyst was ideal.... grey haired, middle aged, mature mind, conservative approach to the sector in that he was only making decisions on Facts.... he was not into the hype or PR spin but he dug into the numbers.... and MT came out the best BUY.... no wonder it jumped today...
However, his second choice (again ahead of Canopy) is OGI.
Hey, I don't understand your Note at the end...?
Ah, thanks Mr G...
I traded in Options before. I made money at the start but my profits were wiped out one dull morning, so I said not more Options .... only solid stock.... at least then I can take a day off or go on holiday and not worry about coming home to a wipe out....
Hey Anglia Long, thank you....
this sounds an interesting investment....
yeah, you are right, the 2.15 will be here in 2016....
who sells these warrants....?
the company or is there a secondary market?
This is all new to me.... love to learn....
Hi, Goodbuddy, what other LPs are you invested in?
We are in OGI, MT and CGC...
We have some powder on the way, and we are thinking of instead of spending it on household goods / holiday etc, we are thinking of investing it in other Canadian LPs.
Wow up goes Mettrum....
MT is on a wee run... gaining 16 cents this morning...
MT is not waning... as Greedy says.... however .... This stock could spike up... definitely it's in for a rise... We are holding....
Hey, G...er, can you explain please what is going on over these warrants?
How do they work... how can you, or this other fellow, make money on them...?
I cannot really understand how someone is walking away from free money, can you explain...?
OGI - Increased Sales Capacity
September 22, 2016.
"The application to increase our annual sales capacity has been successfully approved by Health Canada. Organigram will now have the ability to sell up to 1200kg of dried cannabis and 500kg of oil."
https://www.organigram.ca/latest/increased-sales-capacity/
Great reporting, Sq...
Thanks.
Hey, G, how do you see MT trending from here?
Thanks, Sq...nc ...
Pressure grows from health, and local government, for progressive actions on med from liberal government ... politicians wake up.
OGI ... $2.30 forecast from Financial Times.
Here is the link, Hunch....
http://markets.ft.com/data/equities/tearsheet/forecasts?s=OGI:CVE
Share price forecast
The 5 analysts offering 12 month price targets for OrganiGram Holdings Inc have a median target of 2.00, with a high estimate of 2.30 and a low estimate of 2.00.
Consensus recommendation
As of Sep 16, 2016, the consensus forecast amongst 5 polled investment analysts covering OrganiGram Holdings Inc advises investors to purchase equity in the company. This has been the consensus forecast since the sentiment of investment analysts improved on Apr 01, 2016. The previous consensus forecast advised investors to hold their position in OrganiGram Holdings Inc.
Latest
Buy
3
Outperform
2
Canopy (CGC) could go $5.28 to $6.00 in next year --- according to analysts in today's Financial Times.
The UK-based financial newspaper has "4 analysts offering 12 month price targets for Canopy Growth Corp have a median target of 5.28, with a high estimate of 6.00 and a low estimate of 4.25. The median estimate represents a 32.87% increase from the last price of 3.97."
? High forecast: 51.1% 6.00
Med 32.9% 5.28
Low 7.1% 4.25
OrganiGram will go over $2.00 -- according to the Financial Times.
The newspapers analysts reckon on a share price of $2.00 to $2.30.
This is from today's Financial Times for OrganiGram:
Share price forecast
The 5 analysts offering 12 month price targets for OrganiGram Holdings Inc have a median target of 2.00, with a high estimate of 2.30 and a low estimate of 2.00. The median estimate represents a 19.76% increase from the last price of 1.67.
Past 12 months
Next 12 months
1.0
2.0
3.0
High
37.7% 2.30
Med
19.8% 2.00
Low
19.8% 2.00
Thanks Goodbuddy.
OGI
Wk: 5.03%
Mo: 15.17%
Yrly: 496.43%
YTD: 77.66%
Well done... I am just looking at the ticker and it's climbed back to 3.05. Nice Buy, Goodbuddy.
Have any of you guys heard of Mettrum uplisting to the TSX?
Thanks, Dbrown. A broker told us there are three CGC tickers in Germany: on the Frankfurt, Stuttgart and Berlin exchanges.
Has anyone been trading in these?
Is Canopy on a European stock exchange?
Besides Toronto, what other exchanges offer CGC stock?
Was this what affected this stock yesterday?
There will be flights up and retracing as this company grows quickly to maturity.
This wss the second stock we bought. We first bought Bedrocan, which merged into CGC.
Mettrum attracts us with its steady management set on growing their fundamentals into an expanding market.
We got the feeling that Mettrum could come up with an edible that will be fantastically successful.
The canna non-smoking market will be massive, and, IMO, Mettrum is best placed for this huge opportunity ahead.
They already have business lines into the US.
We know Mettrum will be a Fab success now that we know you, Mr Goodbuddy, are invested here.
Wishing you every success and abundance from your clever early and on-going investing in these canna stocks.
Yeah, this is on a transit to blue sky highs with the massive med + rec Canadian market + global sales from Brazil to Australia to Germany seeking to import medical canna products from Canadian LPs. These Canadian canna stocks are the best geo-political plays on the planet right now, and investors can trade themselves towards super highs $$$$ with the massive potential of the various markets now opening.... once Germany opens up, most of the rest of the EU will follow the Germans, and they will also be looking to import Canadian canna products for the first year or so until they establish their own system and grow operations. The future looks green for investors here.
Thanks, Goodbuddy.
What an active day...
Will OGI regain the recent high...?
Mettrum (TSXV: MT) (OTC: MQTRF) recently reported the second highest quarterly sales among the 8 publicly-traded Canadian medical cannabis licensed producers, trailing only Canopy Growth. Though he company has made substantial progress over the past few years as it has grown its registered patients to over 13K, it has kept a relatively low profile in the media. This week, BNN interviewed CEO Michael Haines, who provided a lot of insight into the company’s strategy and plans.
Haines described the company’s reliance upon physicians to push new patients to it. Mettrum employs many tools designed to help the doctors understand cannabis and prescribe it more effectively, including the Mettrum Spectrum, which contains six color-coded categories based on the amount of THC, rather than rely upon street names. The company has over 2000 prescribing doctors and is seeing accelerated acceptance among physicians. Mettrum’s cannabis electronic medical record platform gives doctors more insight into the patient’s consumption and more control over which strains the patient uses.
The company currently has a 6mm gram annual production capacity now and is on track to double it next year, which should allow it to supply 15% of the medical market, according to its estimates. By 2019, Mettrum expects to boost capacity to 50mm grams in order to supply about 15% of the combined medical and legal markets. Haines discussed decreasing costs of production that he attributes to the recent move into their newest 60K s.f. facility. The company dropped its production cost per gram from $2.50 in the March quarter to $2.00 in June and expects to reach $1.75 in the near future.
Watch the video interview” Mettrum aims to double output”: http://www.bnn.ca/commodities/video/mettrum-aims-to-double-output~942051
https://www.newcannabisventures.com/mettrum-plans-to-boost-cannabis-production-capacity-to-50mm-grams-by-2019/
Direct democracy demolished Pusher Street -- the notorious hash-selling enclave inside the autonomous freetown of Christiania, Copenhagen, Denmark.
We just happened to be there last Friday morning September 2nd to see the hash market being knocked down - nine hours after Christianites made their decision.
Christianites - about 900 residents of the hippie self-governing community established in 1971 - erupted with anger and condemnation after last Wednesday’s late-night triple shootings of two policemen and an impoverished bottle collector by a Pusher Street gunman.
A five-hour common meeting - the highest governing power in Christiania - was held on Thursday night.
It opened with offering sympathies and condolences to the policeman, who was shot in the head, and the other officer in the leg.
The gunman, male mid-twenties originally from Bosnia and a violence-affected family, was shot and killed by police in Kastrup, south of Copenhagen.
The meeting heard an eyewitness report that the gunman, was on a bike carrying a bag and had been approached by two cops.
There were other cops around, behind, both in civilian clothes and in uniform.
The guy grappled with the cops, and then there was firing.
Two cops went down.
The other police had disappeared.
The gunman looked over at an unfortunate bottle-collector who just happened at that time to check for discarded glass bottles so he could earn a pittance on returns.
The poor bottle-collect stood frozen.
The gunman raised his firearm.
He leveled it.
Aimed it at the bottle-collector’s head.
He then lowered it.
And shot the bottle-collector in the leg.
The psycho-gunman, made off, escaping out of Christiania, into Christianstown, down Amager, south towards the airport to Kastrup, where on Thursday morning Copenhagen Police’s Special Intervention Unit finally cornered him.
Mesa Hodzic, who came to Denmark when he was four from Bosnia, had a history of violence. In 2010 he was acquitted of stabbing a man, but his father was also involved in the fight and was found guilty. Before his death by bullets from Danish cops 25-year-old Hodzic was facing three counts of attempted murder, illegal possession of firearms and drug trafficking charges.
Christianites had had enough.
The common meeting, attended by 400-500 people in the Grey Hall, agreed by consensus to close Pusher Street.
The long meeting finally ended by midnight.
By 9 AM - nine hours after the meeting - on Friday, September 2, 2016, the demolition of Pusher Street began.
Christianites broke up the timber-framed plywood stands in Pusher Street - the main avenue of Christiania’s town area.
Pushers had previously stood in these camouflaged plywood stalls wearing sky-masks, balaclavas, hoods, gloves and bullet-proof vests while selling hash.
This little cottage industry generates some two billion kroner in cannabis sales annually. (€1 = DKK 7.4; $1 = DKK 6.6)
But who got the profits?
Not Christiania.
The freetown has a long history of supporting cannabis, including campaigning for legalization, and some Christianites did work on the stalls, making one thousand to two thousand kroner an hour, but most kids working the place were paid way less, some as low as 200 kroner an hour on the late night shift.
Kids were risking years in jail, with the constant on-going raids by Danish police on Pusher Street, risking their freedom for what: $30 an hour.
The Gangsters, Hells-Angels, biker-gangs, professional criminals sucked the fat off this market, and left fear and despair in their wake.
About ten gangs fight for control of Copenhagen’s hash market, and they employ hundreds of eager young people yearning to live life dangerously.
But they were finally ejected, and Friday felt like a new day, a Christmas morning, as the stalls fell, and gangster power crumbled, thanks to people-power, especially the power of the women in Christiania, they are mighty women: strong voiced, bright smiles but determined, and nothing, nothing can stop these women.
They have now created a space where art, and music, and fun, creativity and joy can take the place of fear and violence.
Christiania has done its part, now it is up to the Danish government to legalize cannabis (more Danes polled want legalization and 80% want medical legalized) and get the psycho gunmen criminals out of this industry, which after all is basically a health industry.
Christianites worked into Friday afternoon knocking down Pusher Street stalls and skiping them.
The sun shone.
The Machine Halls tractors, diggers and fork-lifts hauled the Pusher garbage off to Christiania’s in-house waste centre, which overflowed with gangster debris.
Christianities set up picnic tables and celebrated the end of Pusher Street; beers popped, and laughter replaced fear.
We then sat in the Machine Hall blowing spliffs as the Danish rain came -- after the work was done.
The Christianites with their people power have set the bar for democracy… now will the politicians rise to this rolling history?
Wow what a strange day... SP remained locked on 1.42....
You are up again... is there a run on, eh?
There are a few good LP plays, what this sector needs is big banks lending into an established legal industry facing massive growth, with subsequent profits, employment, return on capital...
Yoda, looks like you made the right call at the right time about MT. And not the first time, eh? Nice one. Also CGC is upping today... as are other LPs.
You are right, this is fantastic news...
OrganiGram to Purchase Adjoining 10 Acres and 136,000 sq ft Building
V.OGI | 4 hours ago
MONCTON, NEW BRUNSWICK--(Marketwired - Aug. 31, 2016) -
http://www.stockhouse.com/news/press-releases/2016/08/31/organigram-to-purchase-adjoining-10-acres-and-136-000-sq-ft-building
OrganiGram Holdings Inc. (TSX VENTURE:OGI)(OTCQB:OGRMF) (the "Company") is pleased to announce it has entered into a purchase and sale agreement with Commercial Properties Limited to acquire the adjoining property to its current location in Moncton.
As previously disclosed, the Company required additional real estate to facilitate the aggressive expansion of its production potential in advance of pending recreational legalization. The purchase of this property, along with the recently closed financing of $23 million, position OrganiGram both financially and logistically for material growth in its cannabis production and processing capabilities.
"We're very pleased to enter into this agreement with OrganiGram and we congratulate them on their rapid success to date," said Paul Moore, Vice President and General Manager of Commercial Properties Limited. "This transaction will facilitate their growth and provide many new jobs here in Moncton. It's always exciting to be able to support growth in the local business community."
Under the terms of the transaction, OrganiGram will acquire the 10-acre property, which includes a 136,000 square foot industrial building for approximately $6.9 million in cash and other non-cash consideration, including real property, located at 1299 St. George Boulevard. OrganiGram anticipates the closing of the transaction to occur on or about September 30, 2016.
"This month has been transformational for OrganiGram and is a demonstration of the Company's disciplined approach to business development. With the closing of our bought deal financing last week, OrganiGram became financially positioned to expedite and execute our expansion strategy. This property acquisition represents the next step in that process and enables us to achieve our expansion goals while maintaining the regulatory and operating benefits of being situated on one property. By adding this incremental acreage, OrganiGram more than triples our potential operating footprint, more than quadruples our potential production footprint, and provides the necessary flexibility for phased growth and development of our commercial scale extracts production and processing platform," says Denis Arsenault, CEO of OrganiGram.