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Emerald to start printing money! Welcome Canada Rec.! 4th qurter sales should be ten times last year sales alone. Next year 50 to 100 million in sales. EMH is so cheap compared to it's peers!
I'm thinking $7.00. Big week for the industry!
Tilrey and Canopy made a big deal about the US, DEA weed transfer, Meanwhile EMH was the first to do it back in May and quietly went about their business. Emerald is the sleeping Giant in this Canadian LP world. It's about ready to waken! Massive move higher coming IMHO! Chart does say it all with the Golden Cross about to happen! Plus there are relatively speaking, not many tradable shares out there.
Looking for a move into blue sky territory by the end of the month!
Also if EMH is going to use VANC Pharma for sales (they bought a position in Vanc last year) NUVPF. US ticker. Then that could be a little sleeper as well with it's tiny float! Just a heads up to newbies.
Thanks Bob. Exactly the interview. Not sure what's holding back the share price. Lack of Investor Relation promoting? Lack of revs. from not having a lot of patients? Dilution? But whatever is holding it back won't last long IMO> Just some back of napkin math for near future revs.
One supply agreement out of 3 so far is with BC. Terms are 13 thousand kilos for 1.5 years.
So Let's say 4K kilos this year. 2018 Q4 ( I read BC will charge a buck per gram tax and a mark up of .15% which is cheap!!,) So average selling price is 8/gram minus 1 dollar plus >15% = $5.8/gram Revenue. Minus $1.00/g. cost to produce = $4.8 Gross profit. This equates to 4000 X 1000 = 4 million grams X 4.8 = 19,200,000 Just from the BC deal alone. The CFO said they could show a profit in Q4 this year! That is a huge YOY growth from 2017. Plus not factor in any other sales! This is all speculation on my part but I think we are all in a HUGE sleeping giant. Once these revs show up on the balance sheet this will be three times higher in share price IMO>
If the news is true that Canopy's BC green house crop is a failure, to the tune of 15 ton, see article below, That could mean that Pure Sun Farms will have quite the competitive advantage in BC IMO.
https://www.potnetwork.com/news/canopy-growth-hiding-another-total-crop-failure-their-shareholders
That is why I believe that the relationship with Village Farms is so important that the market has failed to understand. Village has the growing experience that is not being calculated with their share price or Emerald's.
Emerald will have a record breaking and perhaps profitable 4th Quarter according to a recent interview with the CFO. With sales pouring in from the rec market, Emerald has a lot of bud stored and ready to move.
Did anyone catch the CEO of WeedMD interview from last week? Very interesting point he brought up. He basically said that he is getting calls from other LPs looking for supply as the supply crunch has already begun. He also said that some of the calls were from the big guys! He alluded that the big guys might even loose money buying wholesale. With their flower sales for the rec. market, they need to be able to fulfill their supply deals with the provinces and keep up with their more lucrative patient market.
Since Emerald does not have many medical patients to supply, they can be more choosey with their wholesale supply deals with other LPS. I bet Pure Sunfarm's phone is ringing off the hook.
Also it is my bet, that we here about the retrofit of Delta 2 real soon. A few moths ago Village Farm's CEO said in an interview they were waiting on the sales license and financing. Their 20 million bought deal that they announced last week, closes this week on the 12th!!!
This is going to get real here very soon! From a million in sales last year to 10 million this year?? To
100 million next year??? Oh I am so psyched to be a long here in EMERALD HEALTH! EMHTF!!!!
GLTA AND ALL IMHO
Tough day today. Did not see this sell off coming.
Awesome news for sure. CBDs are the rage right now. I personally know many folks, including my wife, who never smoked weed, but swear by their CBDs for improving their health. It's a HUGE market. Great news. Going to be a real money maker I bet!
O.T. I follow Emerald Health Therapuetics (EMHTF) as well as many other CBD cos. and today they announced large scale CBD extraction and are really focussing on low cost CBD soft gels. They are a big LP in Canada and could be worth a look. Meanwhile looks like our little CIIX is going to try and
Hurtle the Dollar mark today! Came real close to it yesterday! IMO> GLTA>
With this volume spike today, and CBD's being the hottest trades around, I think that blue sky is coming quick. Hoping to see that by week's end if this volume continues! Not selling a single share for now! GLTA.
Hope some of you got this message from this AM.
I see a new 52 week high of 1.58 coming real soon with the CBD expansion in US, Canada and China!
Get ready for take off! Best looking chart of all CBD stocks IMO!
Volume is spiking today! Already a 100k above ave. and it's only 10:30! Looking for a dollar this week!
If CIIX can clear .81 I think it moves to dollar land quick! IMO.
Super consolidation here! I feel the pop coming real soon!! GLTA
That's true. But those markets were new at the time those products came out. Weed has been sold in an existing Black market for a century, and that is now going to be legal and going to be worth many billions!
It's all about the Future! TSLA once only sold 29 cars. APPLE once sold only 29 PCs. I can go on but I think you get the point. You can't fight the future and cannabis is it in the medical world!
The PR is about opening doors that have been closed!
You can't stop the weed train!
I hospital today and maybe 1000 next year. Bottom line is times are changing! Can't stop the weed train!
Short at your own risk!
Prob. if it hits $120 in AH is when the shorts are gonna wake up! IMO! Looking
for a squeeze back to $150+
Way too many confident shorts here! GL cuz it's moving back up BIGGLY in After Hours!!!
Shorts are gonna pop this to 200 again! Too many here counting chickens!
Shorts can call this a pump in dump all day long but in 3 weeks Canada is going rec! I would cover soon!
I'm thinking up tomorrow. Good support at 100 area. Thinking 10ish IMO!
Shares are easily available to short now, so if this closes above 106 I would bet that shorts will cover. Bounce time as it would not move to the lower end of the channel IMO! Opens higher in the AM is also my bet! GLTA
lol Yea prob. fade now/ If 114 goes look out below. IMO!
Looks like it wants to go green today. CGC up nicely prob. will follow Retrace of 66% fib so yea!
Back to $260 I bet on another massive squeeze! IMO Who really know?
rut row shorts! going back up! Could get crazy.
Way too bearish here today. Would not be suprised to see a gap higher at the open!
Breaking the trend. Trading all week on it's own. I bet we clear 4 US$ today!
Plus, I guess I'm frustrated with EMH to some degree. It's hard watching TLRY go from 20 to 138 in a month while EMH is barely past it's halfway point to is 52 week high! I beilive in EMH that is why i have not sold in a year and added but it's time!
C'mom EMH's management! Lets get some excitement going. Release some news! Where is Delta 2?
Parnerships? Branding. I feel we are lagging. Been here almost a year and still feeling good but we need some PRS!!!!!
I said .027! LOL
I'm thinking a run into close to .027!!!
Exactly! Go EMH we got a winner here long and strong for a year now and no plans to sell for many more years! Looking for $30+ in just a couple years! We got the goods. Millions of potential feet grow space in a high tech greenhouse at below $1/gram. Also, we are the leader in Pharma cannabis! We have an awesome future here in Emerald!!!
Big news for the industry this AM!
The world’s largest beverage company may be the next industry giant to jump into the cannabis drinks business.
Coca-Cola Co. says it’s monitoring the nascent industry and is interested in CBD -- the non-psychoactive ingredient in marijuana -- for beverages as soda consumption slows. The Atlanta-based soft drinks maker is in talks with Canadian marijuana producer Aurora Cannabis Inc. to develop the drinks, according to a report from BNN Bloomberg Television.
Still hugely undervalued IMO $10 Easy!
I'm seeing a lot of buying on level 2! Investors are realizing That EMH has the goods and that the Pharma end of the cannabis sector will be the winner! Emh leads the pack. Just a matter of time till Emh is sporting a 2 Billion market cap IMO!!!!!