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.
I'm buying more here,
While that may be true for some of them, there are other reasons. There are those that are paid, possibly by the MMs that are shorting the stock or some other group. Then, there are those that just feel that they have this inner need of righteousness to "set the record straight". For those, they think have a superior insight into what is going on, which is total non-sense. We'd all be better served if these people would just mind their own business and just go away. Do they really think we need their advise on whether or not we should be investing in $TGGI?
Maybe now $NUGS can finalize that LOI.
NEWS !!!
https://ih.advfn.com/stock-market/USOTC/cannabis-strategic-ventu-pk-NUGS/stock-news/86124736/cannabis-strategic-ventures-announces-final-regula
Cannabis Strategic Ventures Announces Final Regulatory Approval for Prior Acquisition of Four California Cannabis Licenses
September 23 2021 - 12:50PM
InvestorsHub NewsWire
LOS ANGELES, CA -- September 23, 2021 -- InvestorsHub NewsWire -- Cannabis Strategic Ventures (OTCQB:NUGS) (“NUGS” or the “Company”), an emerging leader in the U.S. cannabis marketplace, is excited to announce the long-awaited completion of the transfer of cannabis licenses related to strategic activity from 2019 by the State of California and the City of Los Angeles.
On June 9, 2019, the Company entered into a material definitive agreement with LW Ventures, Inc. (“LW”) the terms and conditions of which required the Company to restructure its preferred equity and issue common shares to exchange for shares of LW. In turn, LW agreed to fund Company operations up to $8 million and to provide the Company with four cannabis licenses issued by the City of Los Angeles and the State of California for the Retail Sale, Cultivation, Distribution, and Manufacturing of cannabis products.
However, acquiring and transferring the licenses was contingent upon approval of the change of ownership of the licenses by the City of Los Angeles and State of California, and such approval was delayed due to the Covid-19 pandemic.
The Company is pleased to announce that this has finally been resolved. On August 9, 2021, following prior approval by the State of California, the company was notified that the City of Los Angeles at last approved the change of ownership applications resulting in final regulatory approval of the Company acquiring all four licenses by both authorities.
Now that the license transfer process has been completed, the Company can work to complete its transition plan to take over control of related operations, a process that should be completed during the fall of this year.
Simon Yu, CEO of NUGS, noted, “We are thrilled to finally get past these delays. These four licenses provide the regulatory backing for a series of major next steps critical to realizing our vision of becoming a top-tier farm-to-door vertically integrated premium cannabis company with dominant positioning in the thriving California cannabis marketplace. And I look forward to presenting a more detailed view of those next steps very soon.”
Cannabis Strategic Ventures has a growing social media presence. Follow us on:
Twitter: @NUGS_stock
Facebook: https://www.facebook.com/NUGSstock/
Instagram: @nugs_farm
About Cannabis Strategic Ventures
Cannabis Strategic Ventures Inc. (OTC: NUGS) is one of the largest publicly traded marijuana cultivators in the United States. The Company is Los Angeles-based and incubates, develops and partners with category leaders within the cannabis and ancillary sectors. The Firm's NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing Cannabis consumer brands.
For more information, visit http://www.CannabisStrategic.com
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.
Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
Corporate Contact:
Email: IR@CannabisStrategic.com
Website: http://www.CannabisStrategic.com
Public Relations:
EDM Media, LLC
https://edm.media
ASCM just showed up the other day. This guy is a notorius shorter on stocks that have seen a lot of recent gains. Unfortunately for him, he'll be caught with his pants down and end up helping to chase the $TGGI PPS up as he tries to save his own bacon.
Setting up right now for a gapper.
Look at the tape for the last 2 minutes of trading. There are some huge buying blocks in there. I don't see any of us here on iHub buying $35k blocks at the close on a Friday.
Pinching.
Looking more and more like $TGGI will break a penny this week.
TA goes out the window on pinkies
I agree. They don't deserve any respect at this point, those scumbags. They don't care about us. Why should we care about them?
That's not news. Kovac has been working the merger.
This thread.
Big Benny, Read the thread going back to July. These guys here have done some fabulous DD and have this covered.
MMG is in the rearview window now anyway so who needs them at this point? Certainly not $BLUU. Onward and upward.
He'll be sorry.
Looks like $BLUU is gapping at the opening.
It cannot not be copied as it is protected. But, what it does say is that Chapter 11 was dismissed, that they may file a class action lawsuit, with the shareholders, against the toxic financiers, and that the new mini super 8k will be out shortly.
Friday's Tip e-mail is out.
You said "they" four times....
Where are you getting your info from?
Also, with whom did you hear about $BLUU share holders not be concerned about the SEC?
It sure is. The resistance at .0012 is breaking down. Onward and upward, $BLUU!
And just like that, $BLUU moves up.
$30 takes out the ask and bumps BLUU up a notch. Any takers?
Is $2.50 now a buy as well?
Who buys 35 shares @.52? MMs playing around.
Almost... .0015 close, .0016 hod,
Looking good. Just a matter of time.
There are no real retail shorts in penny stocks. There are naked short MM's but they must cover within 3 trading days according to SEC REG SHO rules. Some will claim to short as scare tactics or blame others for shorting when some penny stocks go down or blame a chart. If you have a good stock that drops it can be profit taking, some dilution etc. and many other things but there are almost nil short in any penny stocks. MM's can borrow shares during the day for trading between clients but they must cover in 3 trading days according to the SEC rules. Shorting penny, and especially sub penny, stocks is a complete myth that most do not understand. It is a shame you read about shorts and there really are none as far as penny stocks go! ABSOLUTELY ALMOST NONE, NIL IN ANY PENNY STOCKS. It would also cost $2.50 to short a single share of any penny stock and most will not spend a quarter million dollars to short 1 million shares of a penny stock. Here is the correct link to Finra. These are the real short numbers and they do them every 2 weeks. The OTC daily site is scam numbers based on buys and sells. Most stocks are manipulated by flip traders or those who missed the boat. Most of those daily numbers are dilution if the stocks are being diluted or profit takers along with panic selling on red. You will also see that if you go to any penny stocks board over time you will see the same. No real short positions. Type in any penny stock symbol when you get to the front page.
https://otce.finra.org/otce/equityShortInterest
http://otce.finra.org/ESI
Go $BLUU
Sarcasm falls on deaf ears. Cheer up! Enjoy life. Plus, it's Saturday.
Why don't you put in a bid of .50 to tighten it up?
If you put in a bid to buy at .49, you'll see .49x.50
So, who's game?
I really am liking $NBCO.
Looks like it is time to load up before the masses come and the PPS goes gonzo.
Really? Wow!
For sure. I can see $NBCO leaving the pinks. What's that take? Greater than $4? Bring it on...