Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Mike posted a new strain (Lava Cake) on instagram.
Great genetics with the ability to reach high THC levels. Looking forward to seeing the lab results. Could be another big seller like Slurricane. The eye appeal is off the charts. Totally frosted.
https://weedadvisor.com/product/lava-cake/
**NEWS** Experion Reports Revenue Growth First Quarter 2020 and Fiscal 2019
https://finance.yahoo.com/news/experion-reports-revenue-growth-first-124500208.html
Experion continues to fulfill their promise to increase revenues, drive down costs, open new markets, increase capacity, and solidify supply partnerships. It's nice when companies actually deliver on their promises. Congrats to the Experion team on record revenues. Keep up the good work :)
reddit posters love Citizen Stash. It's one of the most liked brands on RecPics. Here's more recent reviews on on Sunset Sherbet & Stonewall. Sure there are those that think it's pricey compared to black market weed, but if you want safe, lab tested, premium craft grown flower, it's worth it. imho glta
https://www.reddit.com/r/RecPics/comments/gh8pqj/stonewall_mimosa_by_citizen_stash_hands_down_one/
https://www.reddit.com/r/RecPics/comments/ghb3zg/sunset_sherbert_by_citizen_stash_236_thc_packed/
Recent development on mikeloudseeds instagram.
The ever potent Slurricane is back and ready for harvest. Glad to see Mike is sticking with what people want. Too many master growers think they need to be masters of all strains. This usually leads to low value harvests, and wasted time and effort. Jack of all strains master of none.
Mike and the team have definitely dialed it in recently on Slurricane, and GMO Cookies (among others), both coming in at 30%+ THC. NGW building a great reputation for fire bud. Congrats to Mike and the NGW team :)
Seems like all cannabis stocks are stuck in neutral for the moment. Believe the micro-caps will need to start showing profits to generate upward momentum. Hoping 2020 is the year of profitability for Decibel, and my other premium craft growers. Welcome & Good Luck :)
Rest in peace Joesy Whales, co-creator of cannabis strain Original Glue
https://www.leafly.com/news/strains-products/rest-in-peace-joesy-whales-co-creator-of-cannabis-strain-original-glue
Hopefully the family will one day reap the full benefits of his work. RIP Joesy Whales.
Licensed outdoor cannabis canopy exceeds indoor for first time in Canada
https://mjbizdaily.com/licensed-outdoor-cannabis-area-exceeds-indoor-for-first-time-in-canada/
California Regulators Prepare for the Champagne of Cannabis
https://cannabiswire.com/2020/05/08/california-regulators-prepare-for-the-champagne-of-cannabis/
Sounds like a good idea to me. The San Joaquin Valley has perfect weather to grow premium outdoor flower.
The Deep Dive "excited" about Citizen Stash pre-rolls
Actually excited for these. Citizen stash makes a solid product that I've never heard a single bad thing said about. Best part is they come to Saskatchewan first before anywhere else! 😉
— The Deep Dive (@TheDeepDive_ca) May 6, 2020
Now just to find out which retailers they'll be at first! @CitizenStash @Experion_LP pic.twitter.com/jm22bDVL2q
YMR, We should be hearing about the new store openings any day now. Hoping for a nice bump up from opening two more stores that should bring in close to $1M each per quarter, added to the four already open. DB has taken a undeserved beating for no obvious reason. I guess you could say that about all the cannabis stocks. Even the good ones got dragged down in Aurora's undertow. Still think they should be trading around Delta 9's price. Guess we just need to wait it out. gl
New Citizen Stash pre-rolls available at Wiid Boutique SK
Citizen Stash nailed it again with the perfect sized pre-roll, affordable price, high thc, and attractive packaging.
Pre-rolls Currently in stock-
Gold Leader MAC1, 25.6% THC, 2 x 0.5g @ $11.95
Lollipop, 25.1 THC, 2 x 0.5g @ $11.95
Citizen Stash products recommended by two budtenters on Wiid Boutique's website. (Sunset Sherbert & MAC1)
Just in time for the summer sales explosion. Like :)
https://twitter.com/Experion_LP
The Great Cultivation Debate
https://mjbizmagazine.com/great-cultivation-debate/
Older article but still valid.
Why waste money building a greenhouse when you can grow craft cannabis outdoors for much less, much faster. NGW has plenty of unused acreage to do just that.
They will also need to test their tissue culture clones outdoors for outdoor grow operations needing outdoor compatible clones.
NGW needs to think beyond costly construction, and think about low cost options like sun grown premium cannabis. imho glta
**NEWS** Experion Launches New Citizen Stash Branded Pre-Roll Line of Products
https://finance.yahoo.com/news/experion-launches-citizen-stash-branded-094500037.html
Glad to see EXP fulfilling their promise to launch new products starting in May. Also glad to see they are using strain specific whole flower for their pre-rolls, and not the by-products used by so many other LP's.
This is a good sign that they are already utilizing their new packing equipment to increase revenues. Looking forward to seeing the Citizen Stash vapes and concentrates soon :)
Beauty MAC 1 Rec Pic
https://imgur.com/ee3DFg2
Very Photogenic :) Good work CS Team!!!
Why Does Weed Turn Purple?
https://www.wikileaf.com/thestash/weed-turn-purple/
Purple Power!!! Like :)
Nice pic and review of Citizen Stash Stonewall.
https://www.reddit.com/r/RecPics/comments/gapc2l/227_stonewall_citizen_stash_packaged_march_2_2020/
Citizen Stash team still making the fire. Like :)
Sleeping Beauties :)
Sleeping beauties $ngw $nxgwf #California #friday pic.twitter.com/oWrvOgcI55
— Next Green Wave (@NextGreenWave) May 1, 2020
Is that you Junkyard??? LOL
Brand names need to create a pleasing image in the mind of the consumer. For me Next Green Wave creates a serene image of waves breaking on the beach.
SD Cannabis creates nothing, Sketchy Tank creates the feeling the product is sketchy, Junkyard reminds me of a Junkyard, King Louie is already a strain name so that's confusing when packaging a different strain inside,
The SDC business plan didn't work, and the acquisition is "fully impaired" according to the report. NGW has lots of positives going forward, but the SDC royalty based branding is not one of them, and actually creates a financial disadvantage with the competition. imho gl
Agree. NGW's competition aren't burdened with paying royalties to "influencers". It's not NGW's job to make the already rich richer. It's NGW's job to watch every penny until the company is profitable, and beyond. That's what shareholders rightly expect.
Agree. On the heels of the vaping crisis there is no way I would buy a vape cart with a skeleton on the package, or even a creepy moon guy smoking a blunt.
SDC catered to a niche market that just doesn't translate to the average cannabis consumer. It's more of a Zumiez type brand to sell t-shirts to teenagers at the mall. Definitely not the target market for a cannabis company.
Don't know what Leigh Hughes was thinking when he made that deal, but Mike should understand it's time for a change of direction. imho gl
Some interesting comments on earnings from the bulls and bears.
Agree that paying royalties is a unnecessary expense when customers are mainly using THC levels, not brand names, to make purchase decisions.
Also too many brand names dilute your marketing effort, and some customers may be turned off by the skeleton images that SDC features on their packaging. Especially during a pandemic.
NGW needs to take a long hard look at their branding and make some changes. To me the company should use Next Green Wave as their product brand, and end the unnecessary royalties asap. glta
The earnings report was pretty much what I expected. Mostly one time construction related expenses associated with the completion of Facility A, and the corresponding financing related expenses. Expecting the 2020 bottom line numbers to be much improved without the construction related costs.
NGW still needs to continue cutting costs at every opportunity, like all forward thinking cannabis companies are doing. Possibly a press release explaining their cost cutting measures would be reassuring to investors, along with a blueprint for 2020 goals, and growth initiatives.
2019 wasn't a pretty year for cannabis companies building facilities for the future, but for NGW the facility got built, and the future is now. Always IMHO GLTA
Interesting development. Harvest Health, who acquired Have a Heart dispensaries a few months back, is now selling them to Hightimes. Sounds like they will be rebranded as Hightimes dispensaries upon completion of the transaction.
Hightimes is getting ready to go public and has big plans for expansion in California. Hopefully NGW will expand their products to all the Hightimes dispensaries as they open new locations.
Harvest Health Sells California Retail Cannabis Operations to Hightimes Holding Corp for $80 Million in Stock and Cash https://www.newcannabisventures.com/harvest-health-sells-california-retail-cannabis-operations-to-hightimes-holding-corp-for-80-million-in-stock-and-cash/
Craft Cannabis: The Art of Cultivating
https://mjbizmagazine.com/art-of-cultivating-craft-cannabis-with-small-batch-high-quality-flower/
Outdoor vs Indoor Wholesale prices in California
https://mjbizdaily.com/wholesale-marijuana-prices-in-california-for-flower-hold-steady/
Currently indoor grown cannabis commands double the price of outdoor grown. NGW could eventually decide to grow outdoors for extraction purposes due to lower costs. They have plenty of unused acreage available, and setup costs relative to indoor grown are minimal.
How much does it cost California cannabis growers to safety test?
https://www.sciencedaily.com/releases/2020/04/200423174035.htm
Fortunately Mike runs a clean operation that has passed all its safety tests according to his Instagram. Like :)
The results are in: People in Ontario want to smoke their own high-potency joints while munching chocolate edibles
https://www.thegrowthop.com/cannabis-news/rolling-a-joint-still-the-best-way-to-smoke-em-if-you-got-em
Pretty much confirms what every retailer already knows, high thc flower is what consumers want. Fortunately that's what NGW does best. The higher the better :)
A single dose of psychedelic ‘magic mushrooms’ can have a long-lasting positive effect on emotional health
https://www.zmescience.com/medicine/mind-and-brain/magic-mushroom-effects-one-month-0423/
**NEWS** Thunderchild cannabis production facility mainly complete, awaiting licence
https://battlefordsnow.com/2020/04/20/thunderchild-cannabis-production-facility-mainly-complete-awaiting-licence/
The facility is being built on land owned by Thunderchild First Nation, which remains “a very large shareholder of the company and a huge supporter of the business,” Coates said
Like :)
Citizen Stash-Stonewall (mimosa) %22.7 thc- Alberta cannabis--$42.99
https://www.reddit.com/r/RecPics/comments/g5szva/citizen_stashstonewall_mimosa_227_thc_alberta/
Another great Reddit review for Citizen Stash.Like :)
There is no difference between the effects of indica and sativa marijuana strains, scientists say
https://www.insider.com/why-theres-no-difference-between-indica-and-sativa-marijuana-strains-2020-4
Sponsored by the sativa growers association. Joking :)
Understanding the Buzz About Magic Mushrooms
https://www.psychologytoday.com/us/blog/balanced/202003/understanding-the-buzz-about-magic-mushrooms
Thanks for the welcome bmel. Good to have a long on the board for some perspective.
The current business model is what interested me. Who wouldn't want to go on a retreat overlooking 200+ acres of flowering cannabis plants. The smell alone would be worth the money :)
Also like them bringing in real professionals for the cultivation. Smart move. Need that license to happen soon for the fall harvest to start on time. Fingers crossed. gl
California cannabis distributors sharing info on firms that pay their bills, those that don’t
https://mjbizdaily.com/california-cannabis-distributors-sharing-info-on-firms-that-pay-their-bills-those-that-dont/
This would be good information for direct sellers as well. Help companies steer clear of the deadbeats.
Why Choose Sungrown Cannabis, and What Makes Outdoor Cultivation Superior?
https://merryjane.com/culture/why-choose-sungrown-cannabis-and-what-makes-outdoor-cultivation-superior
Good article on outdoor vs indoor grown cannabis. Outdoor is the most cost effective in the right climate.
LiveWire believes they can grow year round at their unique temperate location in California. If so it will be a big advantage over most outdoor growers without this unique opportunity.
Time will tell if this is possible, but if they can grow premium cannabis year round the current market cap doesn't reflect future earnings, which the company has guided at $25M annually.
The company has stated they look forward to producing the results we expect during 2020. Good progress to me will be seeing plants in the ground and cultivation related activity photo's on their social media.
Taking a starter to balance out my indoor grow stocks with some outdoor grown for diversity. Believe there is room for both to thrive. GLTA
https://www.globenewswire.com/news-release/2020/02/20/1987785/0/en/LiveWire-Ergogenics-Releases-Letter-to-Shareholders.html
Next Green Wave Holdings: Focused on Ramping Up California Revenues
https://technical420.com/cannabis-article/technical420-state-series-the-largest-cannabis-market-in-the-u-s-is-still-in-search-of-a-market-leader/#
NGW products available on Have a Heart's website.
SDC Wedding Cake 1/8 oz THC 26.2% $41.15
SDC Garlic Grove 1/8 oz THC 22.84% $41.15
SDC Slurricane 1/8 oz THC 33.92% $41.15
SDC Dementia Diamonds Concentrate 1g THC 89.32% $38.85
King Louie Northern Lights Vape Cart 1g THC 81.31% $22.86
King Louie Clementine Vape Cart 1g THC 83.87% $22.86
King Louie Sunset Sherbet Vape Cart 1g THC 82.57% $22.86
NGW was down to three products at one point this week, but restocked back up to seven. Good to see Slurricane flower is back, and the diamonds concentrate, plus more King Louie vape carts. NGW products have gone from three down to one at March and Ash. Only Blackjack flower remains. According to reports demand remains high in Cali. Will update again next week. Stay safe.
First Reddit reviews coming in for Sunset Sherbet
Citizen Stash - Sunset Sherbert - 23.6 % THC https://www.reddit.com/r/RecPics/comments/g2towz/citizen_stash_sunset_sherbert_236_thc/
Citizen Stash - Nuken - 20.9% THC https://www.reddit.com/r/RecPics/comments/g2tl5e/citizen_stash_nuken_209_thc/
Buds Look Dense, Dank, & Delightful. Congrats to the Citizen Stash team. Like :)
Americans are swarming Jamaica for mushroom drug sessions in pricey rural retreats
https://www.stabroeknews.com/2020/01/16/news/regional/jamaica/americans-are-swarming-jamaica-for-mushroom-drug-sessions-in-pricey-rural-retreats/
Here’s how much ‘magic mushroom retreats’ like Goop Lab’s actually cost
https://www.cnbc.com/2020/01/24/heres-how-much-magic-mushroom-retreats-like-goop-labs-actually-cost.html