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This is good for Valens
This news follows partnership agreements announced by Tantalus Labs during their second quarter. Valens Groworks has been established as an extraction partner for future products including vape pens and ingestible oils, and Tantalus Labs intends to launch a line of cannabis-infused beverages with Postmark Brewing and Craft Collective Beerworks when legally permitted.
https://www.biospace.com/article/releases/tantalus-labs-announces-360-percent-quarter-over-quarter-revenue-growth-in-profitable-second-quarter/
$€%6€ (@roymaj)
8/7/19, 8:05 PM
Let’s try this again, sans trolls.
Get used to seeing more of this on the daily. $LABS $9 PT ???? pic.twitter.com/D9Dr2I8NjO
Download the Twitter app
Sent from my iPhone
$9 price target
$€%6€ (@roymaj)
8/7/19, 8:05 PM
Let’s try this again, sans trolls.
Get used to seeing more of this on the daily. $LABS $9 PT ???? pic.twitter.com/D9Dr2I8NjO
And that just happened.....wtf
check this out
TraderNickCFA (@nickchen66)
8/6/19, 5:02 PM
I guess the chase begins tomorrow! I have not seen the report yet, but I like the optimism... $17.
$LABS $MEDIF #potstocks pic.twitter.com/JBmUVDa4zH
Yeah I agree, follow it up tomorrow a.m. with some real news WTF, been months of silence. Who gives a f?;k about Instagram. Time to act like a 500 million dollar company and treat shareholders like we are invested in the real deal. Been here long and hope to stay long but I’m getting pissed at some of this BS
Wow, welcome back Canadian Markets
Ok Canada $medif had a good day today! It’s $labs turn tomorrow!
2019 INVESTORS INFORMATION:
VALENS RATED A “BUY” AND $10 PRICE TARGET:
https://seekingalpha.com/news/3472783?source=ansh%20$VGWCF
Valens substantially increases annual extraction capacity to 425,000KG with plans to increase capacity to over 1,000,000KG:
https://www.prnewswire.com/news-releases/valens-substantially-increases-annual-extraction-capacity-to-425-000kg-with-plans-to-increase-capacity-to-over-1-000-000kg-300870755.html
2019 UPDATED INVESTOR PRESENTATION:
https://www.google.com/amp/s/seekingalpha.com/amp/article/4275286-valens-groworks-vgwcf-investor-presentation-slideshow
Extractly: An Exclusive Interview With Valens GroWorks
https://thegreenfund.com/extractly-an-exclusive-interview-with-valens-groworks?fbclid=IwAR088JGoMxXekrseKGBobMt0_Y67SMaXXod6aHxWzT2Vkl60SJq666EDf_s
4 Canadian Cannabis Stocks Trading at an EV/EBITDA Discount
https://www.google.com/amp/s/smallcappower.com/top-stories/canadian-cannabis-stocks-ebitda-discount/amp/
Valens GroWorks Corp. (TSXV:VGW) – $3.80
Cannabis
Valens GroWorks is a pure-play cannabis extraction company with 425,000 kg of extraction capacity. Valens has signed extraction agreements with 6 of the Top 10 licensed cultivators, including: The Green Organic Dutchman, Organigram, Tilray, Canopy Growth, HEXO Corp, and Harvest One. Valens also has a strategic partnership with ThermoFisher Scientific, one of the world’s leading manufacturers of lab equipment, in addition to an ISO 17025 labs accreditation, which allows the Company to conduct standardized testing for over 400 different metals, pesticides, terpenes, residual solvents, microbials, and cannabinoid profiles.
• Market Cap: $465.1M
• YTD Return: 151.7%
• 90 Day Average Trading Volume: 750,000
• 2020 EV/EBITDA: 5.4x
You mean going up to $10?
This is from REDDIT: something to debate, hope we hear something from VGW on it soon.
Original agreement was released January 21, 2019 with 1812 Hemp. Organigram OGI approximated 6000 kg available. Today's release we are learning they bought 4200 kg that year.
We had a CBD update in May reminding of us the above agreement and that OGI was going to work with Valens Groworks VGW to extract their hemp supply as well, creating their recreational Edison CBD oil currently packaged in 25 ml bottles. They are also planning to use Valens to produce other forms of concentrates in the production of derivative edible and vaporizable cannabis products.
OGI gets a supply boost to 60,000 kg thanks to 1812 Hemp increasing production. If we get 70% of it again, looking at 42,000 kg of hemp for Valens to make oils for the Feather pens and Edison Bites. And let's all tuned for CBD powder to add to our drink of choice.
FYI: Canadian markets are closed Monday for Civic Holiday
FYI: Canadian markets are closed Monday for Civic Holiday
Let’s go VGW
New Cannabis ETF Debuts on Wall Street + Full List of Stocks:
$LABS 3rd largest holding
https://www.thecannabisinvestor.ca/another-nyse-cannabis-etf-debuts-on-wall-street-heres-the-full-list-of-stocks-in-its-portfolio/
Upcoming Events
CannaBiz Invest Asia (Speaker)
Aug 29 – Aug 30, 2019
LCBC Europe 2019
Sep 5 – Sep 6, 2019
Berlin Congress Centre
Show time......
Green Thumb Industries (GTI) To Hold Second Quarter 2019 Earnings Conference Call on August 28, 2019
https://www.globenewswire.com/news-release/2019/07/29/1892727/0/en/Green-Thumb-Industries-GTI-To-Hold-Second-Quarter-2019-Earnings-Conference-Call-on-August-28-2019.html
7. Green Thumb Industries: $1.57 billion
There's a more than $2 billion gap between Curaleaf and the next-closest dispensary operator in terms of market cap, Green Thumb Industries (NASDAQOTH:GTBIF). Green Thumb operates in a dozen states and has 89 licenses in its portfolio for retail locations. That makes it a clear top five player in the U.S. with its Rise-branded stores. Of note, Green Thumb has taken particular interest in the Nevada market, which has some of the highest projected per-capita spending on legal cannabis in the United States.
https://www.google.com/amp/s/www.fool.com/amp/investing/2019/07/28/the-13-largest-marijuana-stocks-in-the-world.aspx
Green Thumb's Expanding Footprint
Green Thumb Industries (OTC:GTBIF) also received a license from Culver City, which is in Los Angeles County.
This is the third license award in California for GTI's recently acquired Essence brand. The Culver City license award follows wins in Pasadena and West Hollywood, where the company is one of only five to receive a retail, delivery and consumption lounge license.
Essence also received eight new retail cannabis licenses in Nevada last year in addition to its three open stores in Las Vegas.
GTI has 26 Rise and Essence retail stores open across the country and a footprint for a total of 95.
"Our momentum is really strong and we are busy executing on the many recent license award wins across the country, including the three in California and eight in Nevada for Essence stores. Expanding in Southern California is a strategic milestone for us and we're excited to continue GTI's rapid growth," company president and Essence founder Armen Yemenidjian told Benzinga.
https://www.google.com/amp/s/amp.benzinga.com/amp/content/14146871
iBoard investors information:
3 Cannabis Stocks Set Out To Expand Coast To Coast In The U.S.
https://www.technical420.com/cannabis-article/3-cannabis-stocks-set-out-to-expand-coast-to-coast-in-the-u-s/
These days, investors are looking for “the next Apple” of marijuana. Green Thumb Industries (CSE: GTII, OTC: GTBIF), an operator of marijuana dispensaries, might fit the bill.
https://www.investingdaily.com/45684/our-green-thumb-industries-stock-prediction/
$28 price target (cad):
Analysts’ consensus target price for Green Thumb Industries increased in May to 28.2 Canadian dollars from 27.2 Canadian dollars, which indicates analysts’ bullishness on the stock over the next 12 months
https://marketrealist.com/2019/05/green-thumb-industries-wall-street-ratings-and-target-price/
Founded in Canada in 2015 with the mission to manufacture products extracted from cannabis to the highest-quality standard for global distribution, MediPharm Labs has been preparing for Cannabis “2.0”, which the company believes will be dominated by advanced derivative consumer products. On Monday, the company’s success to date will be recognized with another milestone as MediPharm Labs will up-list to the Toronto Stock Exchange (TSX) after becoming a top five revenue generating cannabis Company in Canada.
https://www.newcannabisventures.com/strategic-investors-jump-into-the-cannabis-industry/
Never had a chance to message back,,,,,but thanks for the laugh : )
Thanks, in long run hopefully expansion and Branding in USA will give them a good return for the price
This year, GTI bought Beboe in an all-stock deal that closed in February. Terms were not disclosed, but industry insiders place the sale price at around $80 million, with annual revenues in the low millions; Beboe products are now available in 125 stores in California and Colorado, but with GTI’s muscle, the brand will expand into other states this year.
https://www.google.com/amp/s/www.forbes.com/sites/zackomalleygreenburg/2019/07/26/beboe-cannabis/amp/
Nice day for @GTIGrows today. Up 11% on above average volume with GMP Securities as the top net buyer (bought over $1M today).
Let’s try giddy up instead of Choo choo : )
3 cool posts on Instagram 4 hours ago. Commitment to quality. Commitment to safety. Commitment to innovation. Something tells me something is brewing GLTA
I hear you, almost out of dry powder let’s roll $LABS
Should make for an interesting day tomorrow.....shorts today gotta do something
Nice way of saying wtf
Been buying here and $LABS for end of summer sale : )