is all in $AAPL $TSLA and $PMCB
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An ETF is very interesting for $PMCB because a lot of people have brokers and trading platforms that do not allow the trading of OTC stocks. Sure, they may have a trading account with some funds in it, but their IRA and 401(k)s are huge by comparison and in many cases do not allow OTC stock purchases or the purchase of any stocks less than $2. The MMJ ETF gives them a safe way to get exposure to PMCB.
Second, the very act of creating an ETF requires the issuing company to purchase shares of the constituent stocks and hold them in trust. Most ETFs actually allow you to pay a fee and convert the ETF to the underlying stocks (not much reason to do this unless you do arbitrage), but as you can imagine the trusts have to have the shares available to do these periodic conversions.
Third, all small ETFs are arbitraged by Hedge Fund's program trading systems. Arbitrage = much higher trading volume. (Google High Frequency Trading)
Fourth, exposure. When an investor hears about this exciting, new MMJ ETF they will take a look at the component stocks and they will see PMCB. Free advertising, which is already happening: http://nypost.com/2017/02/17/medical-marijuana-has-gone-corporate/
In the annual 2017 PowerPoint, OWCP projected income from a psoriasis cream only to be between $24-$48 Million a year in 3 years. I think that is a very conservative number, and we all know OWCP is very conservative in its estimates.
Furthermore, we know that in Q2 there will likely be multiple CBD creams for sale for a variety of skin conditions. I believe by Q3 $OWCP will be generating $2 Million a month from the sale of psoriasis, rash and acne creams. Once that revenue starts pouring in we will see the full OWCP Pipeline spring into full production. 2017 and 2018 are going to be very exciting times for this company!
No coincidence. My mother-in-law travels to Israel every year and always comes back with several tubes of CBD infused cream for her rheumatoid arthritis. She says it can make her sleepy, but she'd rather have than the the side effects of her old oral meds.
Trust me, these are the exact same MMs who cover AXIM and CNBX. MMs are assigned by industry- oil, banking, MMJ etc.
These MMs know $OWCP is going to drop efficacy results in March, so the MMs are going to continue pushing this up, down, and sideways to Shake the Tree so they can go Long on free shares. They will then sell those shares at a huge profit when any of the host of hammers drops in the next few weeks.
People who swing trade this and especially people who are shorting this are going to get run over if news drops during market hours, IMHO.
Huge! NY Post is not fake news!
How soon can we expect the new MMJ ETF?
My research shows it happens pretty quickly from the time of the first SEC filing. For example, cyber security HACK filed 9/2014 and started trading on 11/2014.
$OWCP will get tons of free marketing by being included in an ETF with stocks like GWPH and WEED:See no. 3
Very nice article, thank you!
First thing I noticed was that $CNBX was Pink and uplisted to QB shortly after this article was published on Aug 10, 2015. Always good to see a company go to full SEC reporting.
Did you notice how the Wall Street Conf agenda went from just Jeff Friedland to the whole All Star MMJ Crew? This will be the second time OWC is in Florida in the first 3 months of 2017.
Probably in a joint press conference with David Shulkin in March or April
Exelixis Announces Phase 1 Trial Results for Cabozantinib in Combination with Nivolumab with or without Ipilimumab in Refractory Metastatic Urothelial Carcinoma and Other Genitourinary Tumors
http://finance.yahoo.com/news/exelixis-announces-phase-1-trial-220200818.html
25% at least
I'm on mobile so can't reference links, but someone is close to launching a MMJ ETF which actually includes PMCB. See my post history for links.
IMHO a very safe investment would be $5-$10 K in that new ETF.
I'd expect it to give you at least 3 times the upside of SPY over 2017.
It is not Overbought according to BarChart
https://www.barchart.com/stocks/quotes/OWCP
Those who bought chunks of 10,000 and 20,000 today will be holding out for multiple dollars.
4 Million shares were just locked up into the strongest hands!
Just glance at a chart at the 5-day volume and pricing. The two Million shares the MMs sold today in the 70-87 range were all shares they shook loose earlier this week. It worked this week, so they will pull the same Shake the Tree moves in the future. MMs made a lot of money today.
The best defense is to Know What You Hold. Don't let spikes in price panic you into selling.
Have a plan and stick to it.
Go $OWCP!
Yup, that's why $OWCP is going to be included in a new MMJ ETF.
https://www.newcannabisventures.com/first-cannabis-etf-in-the-works-emerging-agrosphere/
The current sixty-nine constituents include: 22nd Century Group, Abattis Bioceuticals, Abbott Laboratories, Abbvie, Aero Grow Intl, Affinor Growers, Agritek Holdings, American Cannabis Company, Americann, Aphria, Arrow Electronics, Aurora Cannabis, Axim Biotechnologies, Beleave, Cannabics Pharmaceuticals, Cannabis Sativa, Cannabis Science, Cannabix Technologies, Cannagrow Holdings, Canopy Growth, Cara Therapeutics, Cree, CV Sciences, Easton Pharmaceuticals, Eco Science Solutions, Emblem, Emerald Health Therapeutics, General Cannabis, Golden Leaf Holdings, Green Cures & Botanical Distribution, Greengro Technologies, Growblox Sciences, GW Pharmaceuticals, Heliospectra, Hemp Inc, ICC International Cannabis, Inmed Pharmaceuticals, Insys Therapeutics, Kaya Holdings, Kush Bottles, Maple Leaf Green World, Marapharm Ventures, Marijuana Company Of America, Massroots, mCig, Medical Marijuana Inc, Medicine Man Technologies, Mentor Capital, Naturally Splendid Enterprises, New Colombia Resources, Novus Acquisition & Development, Nutritional High, Organigram, OWC Pharmaceutical, Pharmacan Capital, Pharmacyte Biotech, Rocky Mountain High Brands, Scotts Miracle-Gro, Signal Bay, Supreme Pharmaceuticals, Surna, Terra Tech, Tetra Bio-Pharma, THC Biomed, Trailblazer Resources, United Cannabis Corp, Veritas Pharma, Vodis Pharmaceuticals and Zynerba Pharmaceuticals.
Supply and Demand.
2,000,000 shares Bought vs 500,000 Sold
I have a suspicion that news of the the 3 consulting contracts OWCP signed with US States is leaking out. If you look at the trades, people are buying blocks of 10,000, 20,000 and 30,000.
1.8M Bought vs 450K Sold
Looks like a lot of new investors in $OWCP!
801K Buys vs 223K Sells
And some of the buy blocks are nice chunks!!!
Canadian LPs are, IMHO, playing Checkers while MMJ companies like $OWCP are playing Chess.
To make life-changing money in the stock market you must be able to identify trends before the masses.
IMHO, a wave of M&A activity is going to hit fast and hard in 2017. Unilever/Kraft is a sign of what's to come. http://www.reuters.com/article/us-unilever-m-a-kraft-idUSKBN15W18Y
Even if M&A activity just keeps pace with the past two years, that means there will be another 11,000 US deals in 2017. https://imaa-institute.org/m-and-a-us-united-states/
I think that number will be closer to 16,000 in 2017 because of the more favorable regulatory environment in the US and also because companies are going to be able to repatriate Billions of dollars currently held offshore.
The catalyst of M&A activity might actually surprise you. It's going to be driven by the largest, most powerful law firms in the US. So called White Shoe Law Firms wield a massive amount of power behind the scenes. So why do I think law firms are going to drive M&A in 2017? Because the top firms have been making a ton of money helping corporations comply with Dodd-Frank, and Dodd-Frank is on the way to the scrap heap. Record law firm profits-per-partner will instead be generated in the M&A arena.
Congress is going to green-light Big Banking in MMJ this year. And where Big Banking goes, Big Pharma follows. https://blumenauer.house.gov/cannabis-caucus
IMHO, MMJ companies will be gobbled up once there are no conflicts with the DEA and FDA on cannabinoids. $OWCP has a nice pipeline of cannabis IP and in my opinion will be an outstanding candidate for an acquisition, especially after a few of the 2017 milestones are met.
It's a very exciting and profitable time to be invested in MMJ stocks my friends!
41,370 shares Bought, 2,500 Sold. Price, unchanged. This is the frustration I heard in the CC about the PPS that I'm sure you know all too well.
I'm new to $PMCB but after doing DD I'm LONG this stock, not even considering selling a single share until 2018.
Kismet! A long, long, long time ago I worked on the Genentech IPO. Those ladies and gents were the nicest, most professional, most decent people I ever worked with. I remember it well whereas a bunch of other IPOs I worked on are a total blur. Very happy that they all went on to become Billionaires!
Cause that's where a lot of MMJ stocks are and that's where you can buy Canadian LPs like Canopy.
Look at KRE for example. It's a regional bank ETF. No GS. Why, because GS isn't a regional bank.
So if someone wants an MMJ ETF they are going to have to include OTC stocks because there aren't enough non-OTC MMJ stocks. That simple. I suppose someone could do an ETF with just GWPH, ZYNE, and CARA, but it's way better to have more stocks in any ETF.
If you want to bookmark a site for ETF information use http://www.xtf.com/.
That's what they do. That's all they do!
I can't think of any negatives for a stock to be included in an ETF.
That's the simplicity of an Index tracking ETF, as the share ratios are determined by the index:
https://www.solactive.com/?s=Emerging%20AgroSphere&indexmembers=DE000SLA1CU5
In our case: OWC PHARMACEUTICAL RESEARCH 0.749283
So if you buy one share of this MMJ ETF you essentially own .74 of a share of OWCP.
On Reddit /r/weedstocks. Mostly Canadian LPs are discussed, but some solid MJ and MMJ info.
https://www.reddit.com/r/weedstocks/comments/5uhpbn/first_cannabis_etf_in_the_works/
Yes, absolutely. This first MMJ ETF will be very successful and you'll see a bunch of copies quickly, especially with what happened today with the Cannabis Caucus in the House.
Things are looking bright on the MMJ horizon for 2017!!!
An ETF is very interesting for MMJ because many of the companies are OTC and a lot of people have brokers and trading platforms that do not allow the trading of OTC stocks. Sure, they may have a trading account with some funds in it, but their IRA and 401(k)s are likely larger and are less likely to allow OTC stock purchases. The MMJ ETF gives them exposure to OWCP, and that's good for us.
Second, the very act of creating an ETF requires the issuing company to purchase shares of the constituent stocks and hold them in trust. Most ETFs actually allow you to pay a fee and convert the ETF to the underlying stocks (not much reason to do this unless you do arbitrage), but as you can imagine the trusts have to have the shares available to do these periodic conversions. So, more of OWCP shares will be "locked up" as we like to say, with Super Kung Fu Grip in the case of an ETF trust.
Third, all small ETFs are arbitraged by program trading systems. You see, the price of the ETF is determined in almost real time by the value of the underlying shares. It's the almost that's key here. Say you could freeze time and compare all the stocks in the MMJ ETF to the ETF itself. For simplicity sake, say the ETF is trading at $51.50 and all the component stocks in the proper ratio are worth $52 (very math intensive, but to get that value you take the ETF's share ratios and just multiple by bid/ask- .001 of GWPH + .1 of OWCP + .01 of CARA, etc). A trading program can simultaneously issue a Buy order for the ETF at $51.50 and a Sell order of the underlying stocks (which in arbitrage is called "the basket") for $52. Boom! 50 Cents profit per share of ETF. Program trading systems can do that every millisecond.
Fourth, having the arbitrage of the ETF will keep the Market Makers a lot more honest. If they move the bid/ask for no reason, it will get picked off by the trading programs. You see, any time the value of the ETF and the total value of the composite stocks don't match, the buy programs will snatch the shares up. Look up High Frequency Trading to learn more about these programs and how they account for a massive amount of trading volume on the big boards.
Fifth, exposure. When an investor hears about GWPH or CARA or ZYNE they will note that that stock is in an MMJ ETF. When they look at the ETF they'll see OWCP. Boom! Free marketing.
Sixth, trading volume increase. The more liquidity in a stock, generally speaking, the more stable the price.
Too tired to think of anything else, but I hope that helps!
Here's a trading tip related to the Cannabis Caucus. The bill to allow Banking in MJ/MMJ will benefit Regional Banks, particularly those in States where MMJ and recreational are allowed.
If you do some DD you can identify the largest regional banks in each MMJ state. Alternately you can just take the shotgun approach and get into Regional Bank ETFs like KRE or IAT.
Happy Hunting!
Don't know which is bigger news! Not sure if I can handle so much winning!!!
MMJ ETF may take several weeks or even months, but it is huge news:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128778187
Here's a list of reasons why the MMJ ETF will be great for $OWCP longer term:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128780887
Cannabis Caucus is an unexpected development that could cause a HUGE surge for all MMJ stocks.
If you haven't watched the video, including the hard to hear Q&A, please do. The personal stories that the Representative relay to the reporters asking questions shows that they "get it", they 100% get the need for MMJ.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128780721
Must have been a glitch with the market data services. I was trying to buy a stock today at the open and the daily volume went from 12,000 to 0 to 12,000 to 0 over and over again. Happened from 9:30 until my order was filled about 20 minutes later.
HUUUUUUUUUUGE! I'm predicting a pop in MMJ across the board tomorrow! Green Everywhere!
https://blumenauer.house.gov/cannabis-caucus
Could be very fast. Just looked up info on one of my ETFs $HACK for cybersecurity companies:
HACK's FINAL Form N-1A was filed on 11/4/2014 and the ETF started trading on 11/12/2014.
https://www.sec.gov/Archives/edgar/data/1467831/000089418914005356/factorshares_485a.htm
http://www.purefunds.com/purefunds-etfs/hack/
Fidelity doesn't show that dip:
Open 2.29
Day High 2.95
Day Low 2.12
Previous Close 2.93
Representatives Dana Rohrabacher (CA-48), Earl Blumenauer (OR-03), Don Young (AK-At Large), and Jared Polis (CO-02) on Thursday, February 16 at the U.S. Capitol launched the Congressional Cannabis Caucus – the first of its kind.
https://blumenauer.house.gov/cannabis-caucus
I have a feeling MMJ is going to have a great day tomorrow!
Representatives Dana Rohrabacher (CA-48), Earl Blumenauer (OR-03), Don Young (AK-At Large), and Jared Polis (CO-02) on Thursday, February 16 at the U.S. Capitol launched the Congressional Cannabis Caucus – the first of its kind.
https://blumenauer.house.gov/cannabis-caucus
Maybe $PMCB will move the cannabinoid program off the back burner.
Representatives Dana Rohrabacher (CA-48), Earl Blumenauer (OR-03), Don Young (AK-At Large), and Jared Polis (CO-02) on Thursday, February 16 at the U.S. Capitol launched the Congressional Cannabis Caucus – the first of its kind.
https://blumenauer.house.gov/cannabis-caucus
I have a feeling MMJ is going to have a great day tomorrow!