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Farm bill post poned until December at the earliest https://www.agri-pulse.com/articles/11476-farm-bill-negotiators-eye-lame-duck-for-deal
Farm bill just got post poned for another 2 months at the earliest now
No news again....what a surprise. Guess They are waiting until 2019 to drop any news
This is just a thought that came to my head. We havent heard revenues in months now and the PPS is dropping. I think this could be because revenues were lower unfortunately and the note is being settled at a lower value than last time....just my thoughts
Only days until October and we still haven't heard about July revs, August revs, the audit and none of the 3 emails that I had sent them were answered. I'm not holding my breath on anything with this company anymore. Vanished like a ghost
Umm s&p500 at all time highs? Bull market. Canadian companies are straight up bull right now (weekly charts). They are consolidating last week. Where do you think that money goes when the big boys in Canada had their run? Down here to US otc' s. That's EXACTLY what happened eith POTN last year except this year we have the hemp bill catalyst too and more states voting on legalization in November. The time to buy and hold is now. Any day you could be left in the dust chasing
The sector as a whole is still bullish on its longer term time frames. It's impossible for it not to be with the hemp bill, Canada legalization and more states voting on legalization. Dangerous game to go against a raging bull market in the MJ/Hemp sector imo.
I only trade off charts and bullish sectors. Hasn't let me down yet. It's much easier to be bullish with bullish catalysts on the way than it is to play the other side of the coin
I understand your concern, but I personally am not. Only a fool would sell when indicators are saying to buy. The whole point of the market is to buy low when everyone is in panic mode and sell high. We are at the lows and solid support. This is not a sell zone. ALL IMO
This is a good buy zone based off of support and fibs. Anything in this area is really. I go off multiple indicators and everything says a buy here. My stochastics are, fib retracements, Macdvolume weighted crossed bullish and showed more buy volume than sell.
Proof? or will i be seeing a photo from all the way back in 2012 of a corn field as a retort? lol
barely hanging on? Is that why over 34 million shares were BOUGHT up in the last hour? LOL support too strong. What that chart showed me is that the bears tried to push it down past the support and succeeded only briefly and the bulls said nope! And ate all those shares up! We know what this baby is worth and .0032 is a STEAL of a price for us bulls
You are right. Numbers do not lie. Check these numbers!
All credit to Spinner88 on this. heading to silver! Harvest coming very very very soon + Farm bill to fully legalize hemp on a federal level + Canada to be the first country to have everything fully legalized on October 17th + Florida, New York, and many other states voting on legalization in November. Its EASY to see where this is going. Heading straight up!
"Thought that I would take the math to the end - this is based on assumptions that I found off of the internet. These assumptions or the math may be faulty so please check and try other assumptions to see the range of gross profit you might get from a 15 acre help field.
Sorry if this has already been said but an acre will yield about 8000 pounds of hemp seed. You can extract 300 gallons of oil out of that 8000# of seed. You can also sell the hemp flour that remains (6000#) as well as the remaining fiber. This is looking very good.
If I keep going with the math: the value of one gallon
Per https://buddicalife.com/how-much-does-cbd-oil-cost/
.17 ounces at a strength of 725 mg = $99
.17 ounces strength 4850mg = $ 439
1 gallon = 128 ounces
128/.17 = 752.94 bottles
At low strength = $74,541.06 per gallon
At high strength= $330,540 per gallon
300 gallons
At low strength = 22,362,300
At high strength = 99,162,000
That is just for the oil. These numbers are based the final price of oil to the end customers - not the wholesale price to companies. I couldn’t find those numbers. If someone knows those numbers, please post the corrected numbers. I imagine the markup could be 300%
Given that assumption of. 300% markup for the end product
24,847 per gallon low strength - 7,454,100 for 300 gallons
110,180 per gallon High strength 33,054,000 for 300 gallons
That doesn’t take into consideration the additional profit from also selling the hemp flour and fiber.
Took some of the assumptions (seed per acre, oil per seed, other products from hemp)
http://www.fibrealternatives.com/hemp%20is%20the%20ultimate%20cash%20crop_byWmConde.pdf
For the price of oil
https://buddicalife.com/how-much-does-cbd-oil-cost/"
All credit to Spinner88 on this. heading to silver! Harvest coming very very very soon + Farm bill to fully legalize hemp on a federal level + Canada to be the first country to have everything fully legalized on October 17th + Florida, New York, and many other states voting on legalization in November. Its EASY to see where this is going. Heading straight up!
"Thought that I would take the math to the end - this is based on assumptions that I found off of the internet. These assumptions or the math may be faulty so please check and try other assumptions to see the range of gross profit you might get from a 15 acre help field.
Sorry if this has already been said but an acre will yield about 8000 pounds of hemp seed. You can extract 300 gallons of oil out of that 8000# of seed. You can also sell the hemp flour that remains (6000#) as well as the remaining fiber. This is looking very good.
If I keep going with the math: the value of one gallon
Per https://buddicalife.com/how-much-does-cbd-oil-cost/
.17 ounces at a strength of 725 mg = $99
.17 ounces strength 4850mg = $ 439
1 gallon = 128 ounces
128/.17 = 752.94 bottles
At low strength = $74,541.06 per gallon
At high strength= $330,540 per gallon
300 gallons
At low strength = 22,362,300
At high strength = 99,162,000
That is just for the oil. These numbers are based the final price of oil to the end customers - not the wholesale price to companies. I couldn’t find those numbers. If someone knows those numbers, please post the corrected numbers. I imagine the markup could be 300%
Given that assumption of. 300% markup for the end product
24,847 per gallon low strength - 7,454,100 for 300 gallons
110,180 per gallon High strength 33,054,000 for 300 gallons
That doesn’t take into consideration the additional profit from also selling the hemp flour and fiber.
Took some of the assumptions (seed per acre, oil per seed, other products from hemp)
http://www.fibrealternatives.com/hemp%20is%20the%20ultimate%20cash%20crop_byWmConde.pdf
For the price of oil
https://buddicalife.com/how-much-does-cbd-oil-cost/"
Solid post and extremely informative! Thanks for sharing that
Exactly! Soo many catalysts in the pipeline. Much more than any previous sector run. The trend is your friend. To go against it is futile
so then you have nothing to worry about if you have seen the most recent company provided photos.
They gave you the address to it. If you are so doubtful go drive and see for yourself.
I've watched this stock for over a year now. This is the 3rd lowest volume day since January. Charts DO NOT LIE. You just need to know how to interpret them
Volume is low and people here were saying to buy at open. I cautioned people not to bc of how it moved up yesterday.
Market makers manipulated a big upward move on hardly any volume and dumped on everyone that bought early am. It's easy to see....a 10% drop from today high is dumping no matter how you look at it. Market makers are having a field day here
Did I call or did I call It? Wasn't hard to see this is what market makers wanted. Walked the price up drastically on no volume yesterday to dump into people this am. What a shocker.....
$RSHN just crossed bullish on its VolumeWeightedMACD on the DAILY!! Here we go bulls
In the .06s it moved on solid volume. This moved yesterday on some on one of the lowest volume days since the big run. Any push on low volume signals a sign of caution. They did that last year and that is why I am giving a warning of caution. If you wait until mid day or Monday it'll be cheaper.....mark my words
have fun and good luck. I wont dump my funds into it based off what I am seeing. Manipulated a 13% move off of 2 million....followed this company long enough to know whats up. a push in the 30 minutes and a huge dump if not a dump right out the bell. Again good luck, but I'm not getting fooled into it
Old news, company became ghosts and market makers manipulated that green day to dump. You watch. Id be super cautious here
Think about it no news since August, which I WAS long this stock for over a year and that NEVER happened.bthey always reported revs from the previous month on the following. So no revs from July and August to date. Also they promised audit by end of August and here we are at the end of September still with nothing....all these are red flags
Now you take that with manipulated increase of share price on hardly any shares....red flag #2
Sounds like a early dump into people that don't know and will buy into it at the bell. Raise share price just enough and bam dilute right into them to bring it back down
Here is the article on new york legalization. https://www.marijuanamoment.net/new-york-lawmakers-schedule-marijuana-legalization-hearing/
Hemp bill about to be passed, Canada first sales are October 17th, more states to vote on legalization in November. These are just some of the catalysts. Charts show a buy so these prices could be gone tomorrow. Don't get caught chasing!
I just read that New York is suppose to start holding hearings for recreational legalization on October 16th.
I would honestly be very careful right now. It moved up drastically on little volume. Looked manipulated to me for a dump into buyers....thats my honest opinion after I looked at the charts for the past year. It would have been different if the bounce was showing volume. These market makers move the price up off hardly any shares....give me a good flush and volume climax bounce and I'll be convinced then. Otherwise to me it looks manipulated for a dump into buyers
That + Farm bill + Canada total legalization on October 17th + More states voting for legalization in November. All signs point bull! Get shares while they are cheap!
of course it does....this company is hemp related! It passed the Senate 86-11. It wasnt even close to being voted down!
right?! LOL hemp has been under prohibition for almost 100 years. It passed in the Senate 86-11....thats a landslide victory! Of course this is about to be legal in the US. Why would anyone think otherwise? That allows RSHN to substantially lower their cost to produce goods, which in turn increases profit margins. CBD is growing at a rapid pace. When you have Senators like Mitch McConnell coming out and saying that he uses it every day, you know that big money is coming into it and its on the verge of a break through
What would make you "think" that when the president himself has urged them otherwise to make haste with it since our farmers need it done speedily? Not sure as to why anyone would think contrary. McConnell himself urged them to get it done before the end of the month as well.
I think it will pass any day just because more signs point that way. I go with the trend not against
you "think" is not a fact.
Trading is not investing. Not once did I say about investing. I said the weekly/monthly trend on charts is pointing to a higher bullish probability. Get on the right side of the trend or lose your shorts