Going Green
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Thanks! Sounds like I need to find some more money!
I hope you're right! Stuck my right foot in at .0021...Just a couple-hundred thousand shares. A good entry would you say, Beast? How many shares do you guys own?
I was reading this old article: http://www.horsetalk.co.nz/news/2012/03/017.shtml#axzz33rzC6qnB
I'm very interested in this sort of technology!...
I agree! Like that Stockhouse article mentions:
"But I’ve been accused by some commenters of being biased against Supreme because I don’t write about them much. Here’s why I don’t cover their every move:
They cover their every move."
I don't think any of us could have said it better than that!
Mehh it's on CSE anyway...Maybe it'll make its way to TSX eventually and we'll be soaring. I have held worse for YEARS and watched the piss bleed out of it all...But this is a seed -- gotta give it a while -- and forget about the dips day by day...
I too was hoping to skim some off the top right now, since I'm jobless, but it hasn't been able to happen...and I'm OK because I see the upside potential... But yes, I'm feeling the pressure since I've overloaded. Just gotta give it time.
Now that you're in either fasten your seatbelt or jump off and splatter.
That's a lovely deal on the Solo. I have heard some really great things about it...Wish I'd have gotten that one for my portable. Perhaps when (and if) I can become a TWD patient I'll have to get one...
Good price, great product, GO TWEED! I'm glad you're enjoying the vapor! Keep all your already-vaped-buds -- they make for wonderful edibles, IMO. Medicate twice from the same bud -- super efficient!
Yeah? So maybe I'll wait it out and see if we get tapped down further... Will watch tomorrow and next week! What would you say is a good entry?
Thanks!
Looks OK minus the shakey stuff... However TWD is having issues with supply as well...I'd bet that's why they're shipping the crumbs...and there are those less-fortunate who end up with that...
I agree wholeheartedly on how terrible batch #1 was...
They're adapting and improvising...positioning themselves within the new industry...
Whether the new industry is a bone-headed play or not by Health Canada is subjective to patient and investor alike. I see the flaws within, and so I understand your plight, but as an investor I hope for their success within this system and with any HC improvisations to follow...
Hey guys, I'm new around these parts. Been following the trend for the last week... I'm thinking we're possibly at a good entry point here? Are we at a fair bottom, and how do you expect us to fair over the next couple weeks?
Thanks and best. GLTA.
GK
Agreed! I impatiently dumped my .0027s, but might get more if we go down to the lower .002s on no news.... All depends on the PR timeline IMO....
EXACTLY! And at this point in time, several patients are reticent over the new MMPR system and wish for the MMAR to stay in place. Supreme has positioned itself for the best of both worlds....
There's a lot you can do with a 1-room grow operation, IMO! ***hears sudden angry knock on door***
16,000 grams a month is some decent revenue, even under more compassionate pricing under the old MMAR....
Yeah the pps will appropriate according to the number of shares received -- so in the interim if we maintain our position then nobody will lose -- but the big C word is intimidating to a lot of people.... I have been burned bad on consolidations, but I have also seen favourable outcomes as well. Given what this company has in the pipeline, I think it will be a positive outcome....
They're supplying the Arizer gear -- from Waterloo, ON -- and they normally retail at like 180 bucks.... How much was yours through TWD, Snuff? Did you get the Extreme Q?
I personally own the EQ and I have always been very happy with it... It's an all-glass bowl and vapor path. Very tasty vapor, and no irritation...Unfortunately my PAX portable is a bit more irritable on the throat....Everybody buy the EQ....
A well-articulated response! I posted the same idea about F1 earlier on...Might not be big enough for HC -- UNLESS they expand as they said they are hoping to. I think that within their MMPR application there is a clause on that -- expansion -- and so HC might be enticed by that idea if they can get big enough, but our power, as you've said, is with F2!
As others have mentioned...We reap the benefits of good old Mr. Sun with F2, and so I think our bottle-neck is with the security measures...
If they invest the cash they're saving on not buying lights (and lights are awfully substantive...) and rig up a very sophisticated hydro setup instead, then we'd REALLY be rockin' with SUPREME yields...
I'd love to be working there...
End of the summer my friend!
Thanks man! That would be cool!
I didn't see they released the name. I hope we get F2 up and running ASAP before other acquisitions....But if it's a place like Zone Produce then that would be pretty decent....
Cheers!
I'm stepping out on a limb of speculation here...So nobody jump down my neck for misinformation, ha ha... I was thinking about the Okanagan facility and wondering if there was a way of figuring out some more information on it. They have not released the name of the facility 1 acquisition, correct? Pardon my ignorance if I've missed any key information!
In the list of Health Canada's Licensed Producers I came across a producer called In The Zone Produce... They're operating in the Okanagan area and appear to have very similarly set up rooms as what is pictured on Supreme's website. I know there are God knows how many grow operations in Okanagan....But I was just excited by the thought that we might have acquired this facility -- since it seems to be sharing a similar timeline (on their website) to Supreme's news releases...
In The Zone Produce suggests that their products won't be ready until late June... So they haven't been growing for a terribly long time, and it appears that the LP page on Health Canada's website was modified Apr 22nd --- so perhaps since they're noticeably smaller than Tweed, Cannimed, etc, they were beaten to the punch by these larger producers.
Supreme's news release in April comments on this timeline:
"The MMPR application is nearly complete and it is anticipated that it will be submitted by the end of April 2014. The application is for a production licence of 45 kilograms per month of medical marijuana to be produced in a significantly larger facility. There is no guarantee that the application for the MMPR licence will be successful."
What do you guys think? I'll post the pics I'm comparing below... It could be a long-shot... 'cause a LOT of people grow pot in BC... But I thought it was an exciting theory! A theory that is ready to be disproven....or FLY if we're apart of the big 12 first producers! Nothing would surprise me at this point.
Do you guys think these facilities look similar? Obviously they're both using HPS lights, and the camera angles are markedly different, but that could also account for the dissimilarities between the two?
As I said.... out on a limb! Would be pretty damn cool though.
Supreme's Okanagan Facility:
In The Zone Produce's photo entitled "One of our rooms"
https://www.facebook.com/578591142248932/photos/a.579016735539706.1073741829.578591142248932/589742397800473/?type=1&theater
More info at: https://www.facebook.com/pages/In-The-Zone-Produce/578591142248932
Sorry the second picture couldn't be posted... Facebook link instead
Makes sense! I would be curious to see how many patients they've got now.
Yeah that's a large chunk of the existing userbase... We'll probably be doubling that 40,000 patients this year though...since anybody and their mother can get a med card somewhere... Hopefully TWD has their boots up and is ready for more of these patients sooner than later...
Cannimed does look pretty legit... I like Tweed's brand image and how flashy their website looks...You'd think their publicity will certainly attract more -- but you're right, they don't seem to have the supply part under control... How much of their facility are they utilizing anyway, does anyone know?
No worries! There's a lot of information on their Twitter page as well: https://twitter.com/supremepharma
SillyLung's posts have a plethora of information though, so I'd suggest seeing those if you're doing some digging as well. Good luck!
Yeah I was thinking the same! I threw a short blurb down... But SillyLung has done the most DD on this guy!...
Welcome CJ,
Someone else will be able to provide a fuller answer...But I'll throw in my .02...
Facility 2 (Greenhouse in Southern ON) has a pre-approved license and the company is saying they will perhaps be able to make the necessary security adjustments to fully qualify the facility by the next 90 days. If that all happens, then HC will do its final investigation of the facility and give them the OK.
As far as I am aware, the application for facility 1 is still in limbo, but the facility (in Okanagan) produced MMJ under the old MMAR system, and so I think they'll likely meet the requirements already -- but the facility might (IMO) be a bit small for Health Canada's approval (after seeing the types of larger companies they seem to have been accepting)... Supreme says they are looking at ways to expand facility 1 as well.
While they're also still considering acquisitions, their primary focus is to get this facility ready for production.
I'd say these prices are a fair entry point, and .08 is where I started buying (and I'm averaged up to ~10cents)....
Some might disagree with this, but I think it'll stay in a good buying range over the next little while...Until we hear news of facility 1's progress, or completion of facility 2. However there are PRs coming out, I'm sure, (re: Greenrush conference in TO coming up) which will spike up the price into the .1-.13 range... We've been seeing that happen lately with news, and then a fall back to the .08 range... So I'd snap 'em up now... I think we'll be holding between .07-.09 for a bit.
Think our PPS will stagnate around these levels for a while? Have we reached the low yet, or maybe we'll end up to the 2.20's?
I completely agree with you there... TWD needs to get their supply in place... One of my concerns as well. I am also long, however, and so I'll ride it to the bitter end....
Well spoken. $PRWF LONG!
Very true! Those hundreds are still nice in the interim for beer and (supreme)green pharmaceuticals though ;). It will happen!!
Let's get an end of day close at .1 for SL! Tap that ask!
http://www.theglobeandmail.com/globe-investor/markets/stocks/summary/?q=SL-CN
(15min delay)
I know whatcha mean. Wish I'd have anticipated at fall back to 8.5 for the day...Could have saved a couple hundred bucks on my trade...Oh well!...
Hopefully we end this week strong!
Very cool... Looks like crap though, according to the first reviews, hahah....37 months to get your cash back.
Pretty neat to see how bitcoin is becoming so common though!
Yeah I definitely do! I can't imagine living anywhere else either... though I visit the States enough...I like it up here!
S'not so bad up here eh!
Thanks for simplifying that, TFN. The acquisition and pre-approval MMPR combo is certainly worth all that...
Residual income would help me load up...Wonder if they'd hire me? ;)
I'm also interested in hearing a reply to this (re: dilution) if someone more knowledgeable is around!
Go Supreme!
Not too many asks in the 9 cent range. I'm sure they'll be smacked away and we'll end the day in some nice double-digit pennies! Wish I could get up-to-date L2 on SL
Nope....up two cents on the open already!
I noticed that. I won't be getting my .08 order filled I don't think! :)
T-minus 15 minutes 'til the floodgate opens.
That news was a beautiful surprise!... Pre-approved MMPR. We can't ask for more than that boys!
I hope DrMerlot et al. are all still with us!
I don't think we'll get anything below .07 or .075! Good luck to us
;)I'll take .06s tomorrow if they're available!....