making money, hopefully.
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.
Boy were they wrong~!
Yeah-not being a nitpicker, sorry if I came across that way. I'm looking to buy some of these lows. The price movement will be fast and furious when it turns and shorts cover.
bmel I know that times are hard, but I was pointing out that if you say to call for ore-orders, there should be a phone number to call. Maybe they have nothing to sell yet, and this is why the page is under construction. I always said that I hope LVVV succeeds on all levels. Granted they are fighting a bad current in the MJ sector. Seems like the news from big MJ has soured the taste for ANY MJ stock. I am seeing some nice ups today-highly oversold sector, but no one knows when the lows are in. We may have some great news on legislation/Banking/Fed legal that could create a buying frenzy.
I know it is under construction-what surprised me is that they say in the banner at the top of the page to call for pre-sale orders, yet there is no phone number to call.
Might help to add a phone number-ya think? This is a Shopify design-could have taken 5 minutes by a rookie designer.
Bill could very well be a hero if his vision comes to fruition. I think the investor base wants to see progress before laying bets. Not everyone out there is as knowledgeable as the board members here. Needless to say the investing public see the whole sector as risky. We need the tide turn and we need LVVV to land some contracts.
It seemed like cloning was the vision, but the divergence from that model seems evident in the ranch purchase. On the recent report Bill mentions that building out Estrella is prority. If cloning was the cash-cow then why the change in focus? A small company need to be laser-focused on one strong niche. Makes me wonder why no one else is making headwinds into cloning. Every large cloning operation seems focused on that "one thing"-cloning. They aren't diversifying from what I see.
Not likely to happen-when has LVVV ever been transparent?
NRZ WPG GGN ABBV IRM MAC CLM MORL MO
Tilray/Cronos/most of the bigs not dazzling anyone with earnings. Companies will either exploit their niches profitably or dilute to bankruptcy. DOW (the stock) is up nearly 30% in 2 1/2 months-you can make money in a lot of sectors, but I think that the MJ sector is very challenged right now. Maybe banking/fed can help, but something needs to happen or there will be no upside for a while. Just my 2 centavos.
The report looks good, actually. May be a bit of "sell the news" today, but the earnings release should lay a solid foundation going forward. I think we see up from here.
Friday saw some nice gains within the sector. Canopy, Tilray, MJ, Aurora all saw good ups on 1.5 to 3X volume. My take is that with many of the big boys reporting earnings next week and the week after that bets are being placed. Earnings will cause a rise in tide that lifts all boats, and lack them the opposite. LVVV had a nice day as well, but volume was lacking a bit. People buying at the lows may be well-rewarded in coming weeks/months.
GRWG is poised to move up on its own merits, but a rising tide in the sector could really cause a blast off. Long in so many ways.
I think that there was some cohesiveness in direction prior to the Ranch coming into the picture. I felt we had momentum, the Almond Street leased property looked ideal for clones on a large scale. Enter the Ranch, and someone with money grabbed Bill's ear and led him down a different pathway. The minute this happened I felt sold out. I could not honestly tell you what investing in LVVV means today, since I have no idea what their corporate strategy is anymore, unless "Let's try 10 ten different things and see if one or two them works" is a valid protocol.
Never hear about Coachella anymore-for such a young company the landscape has changed often and substantially.
Presumed, yes, but the purchase seemed a little out of LVVV's league based on their own merits at the time.
bmel the angel was outed with the ranch purchase :>P
I think JD pointed out how LVVV is down more-or-less in step with the whole sector, and I would tend to agree. Now, some companies will survive, others won't. Financing is more difficult to get these days-higher rates/less-favorable terms. I think 2020 will be a make or break year for LVVV and many others similar in structure.
When it comes to clones, there are two kinds of buyers-the guy going in to a dispensary to buy 6 clones for his back yard garden and the guy with a commercial operation who may need hundreds or thousands of cuts. Now I know some big commercial growers in downtown LA, and what I was told, they do everything in-house, due to potential pest and disease issues. They can't risk losing a grow cycle to contamination. Also, the cost of in-house cloning is bearable, since cloning stations can produce a lot of clones in a relatively small foot print. All you need to do is look at Radio Ridge, Dark Heart Nurseries, Mendobros, Bigdaddyclones, San Luis Obispo Cloning-they all do one thing-cloning! A lot of competition out there!
To my knowledge there is no website for LVVV where you can conduct a clone purchase or inquiry. The other companies have valid, operable sites. I think that for all the trouble this ranch has caused, you would FIRST get your cloning operation up and running, which means website, sales staff, shipping/receiving, customer service, etc. Maybe this will happen eventually, but to me it just all seems so fragmented. First order of business, if you are a cloner, is cloning!
Thx JD-was wondering if the horse angle was part of the idea in getting the larger parcel. I know POTN is doing a lot with pet CBD products. I think that is going to be big. Those rack systems look expensive. Amazing what you can do with 2x4's and a good carpenter.
Scratching my head on the whole "Equine CBD" thing. So, you first lease the original Paso Robles property on Almond to grow clones, then you buy a big ranch, ad because it has stables and equestrian facilities you now branch into equine CBD solutions?? Why aren't the paddocks clone rooms?
Bmel very well-put. It frustrates me when I see pics of build-out that are, well, not built out! To me, LVVV should have MAC DADDY cloning going on. Is it money, is it lack of personnel? I don't know, but I would have 10's of thousands of clones-I would have clones on window sills in the office. I would have clones on my cars dashboard-if it was such a good idea, then why all these other angles?' Coke made Coke. Heinz made ketsup. I have a kitchen cabinet business-that's all I do. No counters, no handles, no tile-cabinets. I also grow South African proteas, and they are hard to grow but sell for $100 each. It's hard enough to be successful when you do one thing, but to do many things magnifies the risk of failure many times.
I am also not sure if Paso Robles is close enough to population density for clone distribution. It's kind of in the middle of a lot, like middle-of-nowhere. Clones are perishable, and driving distance costs time and money. Who is going to drive 100+ miles to pick-up clones?
Scaling one thing is quite difficult-cloning alone is a formidable task-it takes a lot to keep 10,000 clones going out the door each month. Does anybody know how many employees LVVV has?
Aside from LVVV rising on the tails of a sector turnaround, I have no insight into which forces will drive it beyond that. I hope I am wrong. Quite frankly, too little information is disseminated for me to form a opinion. Now, if I saw the Paso Robles warehouse we have seen so many pictures of filled to the ceiling with clones on 15-foot high racks, I'd have a different opinion. MY warehouse would look that way.
I think bill needs to read the book, "The One Thing".
Was thinking the same thing-either Bill has come to realize that his method of news dissemination is lacking, or he has PR's int he pipeline that warrant a wider and more professional delivery system.
They need a promising earnings report in November. Jumia has 5,000 employees-Amazon has 650,000 :)
JD! Add to what you said the fact that a good deal of procurement by MJ companies flirts with the black market. Black market extractors, black market flower. And because it is all cash, people are getting set up for robberies. In the case of Mr. Atre, if someone comes into your home at 3 am and THEN kidnaps you and takes you to another property (which he owned and possibly was the location of what the bandits sought), it tells you they knew he had goods, cash or both at that second location. Maybe an inside job, but definitely someone he knew, or someone close to that someone.
Cops have been tight-lipped, but I hope they catch these low-lifes soon-I'm looking forward to going to the trial.
And while any business is subject to robbery, the fact that cannabis companies cannot utilize a legal bank conduit creates a lot of danger for people in this industry. This robbery/murder happened here in my town, and is related to Mr. Atre having started up a cannabis venture called Interstitial. This is a very tragic and alarming crime, and happened a bike ride away from me. Most likely the wrong person or persons knew of product/cash and this entrepreneur is now dead.
https://www.ndtv.com/indians-abroad/tushar-atre-atrenet-owner-kidnapped-from-santa-cruz-california-home-found-dead-in-bmw-suv-2111352
Again, true. Worst thing in life is when you grow a plant 4-5 months and end up not liking the smoke!
Great song! There is truth in what you say. Variety is a major draw to dispensaries. Some folks have their favorite, and others want to try the bud du jour. I like the fact that LVVV is pursuing a niche with superior strain lineage.
Come to Daddy.
The good news is that once you cull out the MJ stocks in a portfolio it tends to look much greener!!! I'm still scratching my head-in California you can grow 6 plants. If you do it right you can get 4-16 or more ounces per plant. Why would anybody even buy weed, black market or otherwise? If you can grow tomatoes you can grow MJ. So yeah, if a 6-pack of Coors is $5 you probably DON'T want to turn your garage into a brewery, but when herb costs $200-300 per ounce-hell yes I'm gonna grow my own.
My main concern for many companies like LVVV is that with price shares this low, you need to sell a lot more now if you choose to dilute to get the same $$$. This is the 2-edged sword of dilution. Now, it may not apply to LVVV, since I haven't seen a lot of non-restricted dilution lately, but once you have reached your max shares, a reverse split is the only thing that can save you.
For now, the cannabis sector has imploded.
Not sure about the logistics, but I know of many cases where Canadian companies are going int hat direction. I suppose LVVV has a advantage in being more "boutique". Bill is trying to think outside the box I am sure, here. The geography is shifting rapidly, and it seems like a double-edged sword-you have to rapidly adapt to change, but also make a firm commitment to what you are doing. Not an enviable task.
Regardless of Mexico, the cultivation is being out-sourced at a much lower cost per gram than the US or Canada can produce at. With reg fees and carrying costs, the profitability of cultivation per se is under scrutiny.
I think if you look at TGODF you can see that cultivators are getting wiped out. The thought that you could just plant herb and get rich is a fallacy. And just wait until Mexico legalizes it and starts to grow commercially....
JD I'm curious why they aren't utilizing outdoor green houses? They would get free sunshine for much of the day and can use lights to meet their grow-cycle demands. Did Bill mention anything on your trip about this?? TIA and hope you are WELL!
The market cap of LVVV is less than the value of the Paso Robles property?