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Actually wasnt PRed until april 10th. Makes my point even more valid. Nothing has changed here. Ur a long term holder who believes in this company like uv claimed or ur not.
Heres some DD for you. The definitive agreement was expected to be signed on March 28 per the LOI PR. The definitive agreement wasnt PRed till April 1. What do u know thats a 3 day delay. How come u didnt say tht deal fell thru
Yep its prob goin to zero bc d brown said the deal fell thru as of yesterday but d brown said it was w 10 stock 3 days ago. Great DD for someone who wants the price to move in his favor. What a nice guy to be up late on a friday posting away about a stock he dumped today for guys like u to STAY away from. HIs amazng DD is based on him being so certain the deal has fallen thru buuuut if its PR next week.. shiit this is a 20 stock in 2 yrs and hell be back to posting awayon every uptick
Whine? You said a few days ago u think this is a 10 to 20 stock. If youve followed mdcn u no they havent PR anything ontime. Iv read about things online w this company and 3 days later they were PRed. U have no clue whether payment has been made or not but it makes sense why u want others to believe it fell thru since u got shook out of ur shares today. I wouldnt advise taking investment advice from soneone who sees a stock at 10 just a few days ago but sells at 2
If u want to get informed on this compant read the seekingalpha article that came out beg of april
Huh.. bc they didnt PR the payment the deal is dead? Lol u sold ur shares today now the deal has fallen apart. Makes sense
There was news the other day this has been straight down since 4.3
Wtf is goin on here. Been long since below 2 but this price action is odd.
"The industry economics are very attractive and the medical marijuana sector is positioned for solid long-term growth,” said Kevin Coft, CEO of IHMML. “We are excited to build our business with Medican Enterprises and strive to become the premier cultivator and distributor of pharmaceutical grade medical marijuana in Canada.”
Sounds like ur invested in tweed. Logically you would be negative about competition from Mdcn and a facility that is 4x ur investment
Nice find!
Hopefully MDCN will give you a nice return so u can get unlimited dated
Nice volume thus far. The MMs have kept this up today for a reason. With volume in this stock now a PR will not go without being noticed as they have in the past. Financing should be next catalyst. Double digits are def not out of the question
Imagine what happens when we get some real volume.
Nice day for MDCN... think we get some news next week
Thanks for doin that... Great info for those who are not up to speed. Hopefully we see a PR by the end of the week sheeding more light on the company's next move.
I like ur thinking. I believe private financing is def in the works.
Have you noticed pumping? I think with any paid pumping this should fly. The main problem with this play is noone knows abt it.
I agree. I thought yesterday news, esp during the day, would have sent this over 3 but you still have people selling on the bid and keeping the price down. Vol was pretty decent but sooner or later people will realize this isnt just a MMJ play for quick bucks. They are setting something special up from what little they have released.
$MDCN
Medical marijuana facility to open in hard-hit Atholville
Entire region will benefit from jobs, spinoffs, says mayor
CBC News Posted: Mar 18, 2014 8:33 PM AT Last Updated: Mar 18, 2014 8:33 PM AT
Atholville medical marijuana facility
The 400,000-square-foot facility formerly housed Atlantic Yarns. (CBC)
A plan to manufacture medical marijuana in the northern New Brunswick village of Atholville is underway and that will mean jobs, and spinoffs that could extend to the entire region.
A British Columbia company International Herbs Medical Marijuana set its sights on the village last year and last week purchased a 400,000-square-foot production facility, which formerly housed Atlantic Yarns.
Like many communities in northern New Brunswick, employment has taken a hit in Atholville.
The local mill brings some jobs, but Mayor Michel Soucy says the area has been economically depressed and will benefit from the new venture.
"I was surprised to get the call, but at the same time, we were open to the concept, open to the type of operation and we said, yes, we want to meet and we want to start discussion and look into it," said Soucy.
The village gave a green light at every turn, and each regulatory body has approved the plan, he said.
Michel Soucy
Atholville Mayor Michel Soucy says his town has been open to the idea of a medical marijuana facility from the start. (CBC)
Over the next few months, the construction and the retrofitting of the building take place, says Angela Cerovic, company spokeswoman.
"Health Canada has very strict guidelines under the regulations and the building needs to meet all those stringent criteria, so they'll be working on that over the next few months with the goal of being able to produce product by September 1."
The company is only using 150,000 square feet of the building to start, but plans to outgrow capacity in future growth phases.
Even if business booms, the company plans to stay in northern New Brunswick, says Cerovic.
That's music to the ears of locals who are familiar with the boom and bust of employment in the region.
Diane Doucet
Diane Doucet, owner of Paul's Barbershop in Atholville, says the town is buzzing about the marijuana production facility. (CBC)
Diane Doucet's family business, Paul's Barbershop, has been in Atholville for almost 60 years. She says they hear everything in their shop, and so far, they haven't caught a whiff of apprehension about the marijuana factory.
"Everybody's kind of buzzing and laughing about it. It's kind of a big joke actually, but it's not a big joke. It's going to be nice jobs," said Doucet.
Brad Gallant is studying business right now, but he says he would still apply for a job at the plant.
"If you're of age and don't have a criminal record, why not?"
He said most people want to stay in the northern part of the province.
http://www.cbc.ca/news/canada/new-brunswick/medical-marijuana-facility-to-open-in-hard-hit-atholville-1.2577817
Per 8k $MDCN "Medican CanaLeaf shall acquire a fifty percent interest in IHMML"
Heres IHMML website
http://zenabis.com/
FAQ states Zenabis is in its final approval stage with Health Canada. Registered patients will be notified immediately, once final approval is provided. If you have not registered yet and would like to be notified, please send your email address to
Look at their about us
As a Commercial Licensed Applicant Zenabis is committed to providing Canadian patients with access to a regulated and trusted supply of pharmaceutical-grade cannabis and cannabis products in accordance with the national Marijuana for Medical Purposes Regulations (MMPR). As a licensed applicant, Zenabis aims to aid in the relief of the chronic disabilities and terminal illnesses with which are patients are challenged, while holding ourselves to a higher level of safety and reliability in both our products and pharmaceutical standards.
Our Team
Current Cannabis Cup Judge
Local University Horticulturist’s
On-staff Doctor’s, Pharmacist’s, and Nurse Parishioners
In-house call centre with Pharmacist’s trained customer service representatives.
Expert Team of Growers from BC, New Brunswick, Colorado, California, Netherlands and Israel
Multi Site Compassion Club Manager
Local University Geneticist’s
Research and Development Team
Seems like MDCN has bigggg plans here!
Great find man!!!!!
Better understanding on new laws in Canada starting April 1
Presently, Canada allows you to grow your own for personal medical use. Law is transitioning now.
March 31, 2014
The current Marihuana Medical Access Program will end.
All ATPs (Authorization To Possess) and production licences (grow your own) issued under the current program will expire. All dried marihuana produced under a personal use or a designated person production licence, or purchased from Health Canada, must be destroyed. Holders of personal use and designated person production licences will be required to destroy their plants or transfer them to a licensed producer by following the appropriate process (refer to Frequently Asked Questions for further details).
April 1, 2014
Health Canada will no longer produce or sell marihuana for medical purposes.
All individuals requiring access to marihuana for medical purposes must obtain it from a licensed producer.
That is the license MDCN is waiting for.
http://www.hc-sc.gc.ca/dhp-mps/marihuana/transition/index-eng.php
Licensed producers will be required to meet all the requirements for Medical Purposes Regulations (MMPR) including, but not limited to:
Physical Security Measures
Good Production Practices
Packaging, Labelling and Shipping Requirements
Import and Export permit, if applicable
Security Clearance
Better understanding on new laws in Canada starting April 1
Presently, Canada allows you to grow your own for personal medical use. Law is transitioning now.
March 31, 2014
The current Marihuana Medical Access Program will end.
All ATPs (Authorization To Possess) and production licences (grow your own) issued under the current program will expire. All dried marihuana produced under a personal use or a designated person production licence, or purchased from Health Canada, must be destroyed. Holders of personal use and designated person production licences will be required to destroy their plants or transfer them to a licensed producer by following the appropriate process (refer to Frequently Asked Questions for further details).
April 1, 2014
Health Canada will no longer produce or sell marihuana for medical purposes.
All individuals requiring access to marihuana for medical purposes must obtain it from a licensed producer.
That is the license MDCN is waiting for.
http://www.hc-sc.gc.ca/dhp-mps/marihuana/transition/index-eng.php
Licensed producers will be required to meet all the requirements for Medical Purposes Regulations (MMPR) including, but not limited to:
Physical Security Measures
Good Production Practices
Packaging, Labelling and Shipping Requirements
Import and Export permit, if applicable
Security Clearance
Another PR...This company seems to have a solid gameplan as they are bringing in several indivuals with experience. These types of PRs prob wont send the stock soaring but IF/When they get approval to grow in Canada(as some already have claimed they already have)and that PR hits the wire... gamechanger. Does anyone know more about the approval process. From what iv gathered April 1st laws change in Canada and only certain companys will have approval to grow/distribute medical MJ??
I agree. The way this ran last week on just a little hype from twitter and 150k shares traded. The potential for this stock is huge in my opinion
Thnks for reply.. did you ask them any other questions? I heard they have already been approved to grow in Canada by another poster who called
Thnks for reply.. did you ask them any other questions? I heard they have already been approved to grow in Canada by another poster who called
Does anyone know the correct float. Yahoo has 2.77m
Do you think this will have a negative effect on the share price. This isnt necessarily dilution as those addtl shares arent avail to be traded at this time?
Anyone buying at this price. RFB? I sold all my shares 130k at .16 a few months ago and just scooped some up for a flip at .107? This usually randomly runs once it hits these levels
RFB i actually used to not be able to stand you but after a few years in IWEB and ultimately breaking even... you are correct. I unloaded all my shares around .17 bc i have seen this pump and dumop several times. I plan to trade and not invest this stock. My only concern is they get bought out someday and i have no shares. Not worth the risk anymore