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The PR today is actually quite straightforward ... Growlife has entered into a business arrangement with a legit, well managed business operating in the most affluent city within a state that allows for recreationally legal marijuana use
Perhaps we can break it down .... which of the words within the PR do you not know the definition of?
GOOGLE 'Marijuana Legislation' ... now read the first 50 results
there's your news
RI introduced a billproposing legal MJ recreationally. I guarantee it passes, that state is hurting - essentially bankrupt. Dominos are alligned and will all soon fall, and there are some massive ones out there (FL, CA, etc)
Only Concern - Is 83,000 sq feet big enough?
Folks - PHOT finished the week strong as hell
PHOT has been tested numerous times; short attacks, company scrutiny, A/S vs O/S debates etc. They steadily climb, establish a new bottom, climb, establish a new bottom, etc
Fraud, scam type plays would've crumbled - this play is being mentioned on CNBC, MSNBC, etc. Their management & board are the real deal - ever consider that's the reason there isn't new PR or News updates daily? They want to update us with REAL, tangible news - which is exactly what Marco emailed me directly.
How he signed off? - by thanking the loyal for their vote & support and assuring great things to come
PHOT long all day
Who in their right mind would sell their shares of PHOT right now? ... This stock has steadily risen, established a new bottom, steadily risen, established a new bottone, etc
Also, while doing so has endured short attacks that would flatten most pennies. This isn't your average bear. The management board they've assembled aren't looking for a quick flip, these guys aren't messing around
We are getting new MJ stories DAILY; benefits of taxed revenue, new medicinal breakthroughs, MJ demand figures throughout US, Canada and the world, etc ...
You can, and probably have, made $$ shorting other MJ plays that are essentially a house of cards. This is an emerging leader
stay tuned, long PHOT all day
... Great post 'Nator, keep it coming
PEOPLE, what are we arguing about here? ... Tradional, conservative banking institutions are going to begin doing business with Cannabis companies! ... EVERY state in the union will soon allow for either legal recreational or medicinal MJ use!! (or both).. not to mention countries throughout the world
This will be a MONSTER industry and someone (or a small few) will inevitably have to be the big players
Do we not all agree with that?
Given that, who is positioning themselves best for the next 2, 5, 10, 20 years?
Is there another MJ player out there better sitauted than PHOT? Honestly, I'm truly asking and would appreciate feedback
PHOT all day
Good people of IHub ... Excellent time to load up on PHOT & FITX ... the inevitable is unfolding as we speak ... Demand is apparent, GLOBALLY
so .... the bounce will be at what pps ?
But I always try ... and DO get what I need
ever see a MDBX license plate driving around?
For the fact that PHOT is simultaneously operating in the industry while funding other players ... they're positioning themselves in a win-win for years to come ...
that application process is in the 8th inning .... solidified by 4/2014 ... they then are immediately able to produce unheard of quantities on 60 Day cycles ....once Chaaban gets that license approval, it'll be like a Gold wash plant that runs 24/7/365 and never breaks down
I EXCHANGED EMAILS WITH MARCO THIS MORNING
If you're selling you're insane
Essentially a little patience is needed. Their goal is to provide hard and fast News/PR. You can't expect new updates hourly or even daily, a lot of these deals need proper time to be done correctly. Please remember this is a BRAND NEW industry with ever evolving legislation, not a new spin on an existing industry
They are thrilled with the 88% YES vote and are looking into several solid expansion avenues as we speak.
Management is LONG on PHOT and very much appreciate the loyalty and support. It will be rewarded
bingo! ... the a/s, o/s confusion still exists... stick around, great things to follow
I laugh when this thing trends down a hair and all the shorts come out talking of how it's headed to the teens
You know how many times this stock has been tested and bounced back? the real test was pre-meeting, we've gotten past that and Sterling, Rob & Marco got the support/confidence they were looking for
This play is too intriguing for folks to allow it to trend too far downward. The future possibilities are truly Epic
Only sure thing I've learned... 'Once it's too late, its too late'
PHOT all day
Why? ... Any given country can purchase MJ from a legal grow facility out of Canada.
For instance - major complaints coming out of the Middle East right now from countries that don't have the proper climate or infrastructure to produce mass quantity of quality, reliable & potent MJ.
How about grow facilities in Canda supplying regions worldwide with 1, 5, 10, 20M lbs of MJ securely & legally.
Besides - US doesn't want to tread in the other direction. Take a guess at how much time and money has already been saved within states that haved declared MJ either illegal or decriminalized in court time, fees, taxpayer dollars. Endless millions
Hey Boss ... how many times are you going to keep arguing that same point?
3 Billion A/S is also a TON of potential expansion and or funding to other Cannabis players
Can we all agree on the fact that there will be a legit, regulated, taxed MJ industry in this country sooner than later ?
That being realized, someone is going to be the top player and there is a proper way of going about it
That 'proper way of going about it' is happening as we speak. If you doubt that, that's fine, but go find another board. This thing has survived Short attacks from players with a lot more influence and $$ than you
PHOT all day
FITX is gaining strength/momentum and I'm vested, however PHOT will be the King ... but no shame in being the Prince ... PHOT & FITX climbing!
PHOT is rooted in a product America & The World clearly demands ... So either you're in or out, no hard feelings either way but let's cut thru the horsesh*t 'sky might fall' speculation ... the President of the United States is starting to speak about, and carefully review leagislation regarding, Marijuana! ... this is unprecedented ... PHOT all day
Question - I'm reading a lot of posts from some wise old owls out there containing terms such as "I've been trading stocks for 50 years and ....." Or " I've seen a lot of blah blah blah before and this company can't or won't blah blah .....
Here's a question ... When's the last time you analyzed a company that's in the midst of planting roots within a BRAND NEW industry centered around a product that 50M Americans already admit to using regularly ?
Time was Anheiser-Busch had debt too ... Now his great grandon's biggest concern is that most marinas can't accomodate his yacht
PHOT has not only firmly planted their roots in this inevitably massive sector, they are also essentially serving as a bank to other enities looking to set up shop in the cannabis industry ...these players can't go to traditional banks for financing ... Instead they appeal to PHOT, and after analysis if they appear strong, PHOT extends capital they need .... PHOT will have the entire industry surrounded
Powder Keg - BOOOOOOOM
PHOT is Indestructible ... Most pennies would not survive the bashing and 'short waves' ... They have built themselves on a foundation of strong leadership, research, investment & proper reporting .... BUY with faith, after today this thing isn't looking back ...
That SA article will probably be investigated, illegal procedure ... SA & Followers exposed for holding a heavy Short position on PHOT ... PHOT way too strong, easily the TOP MJ play ... for the record, Growlife having a huge meeting today, PR to follow ... strong BUY suggestion for PHOT today
BUYING as much as possible ... you think this board and management team are messing around? ... This is a NEW industry, not a variation of an existing industry ... Undervalued at $40-50B as well ...
OTC/Pinks can technically trade til 5:30 I believe ... Generally at higher fees ...
Large BUY blocks lining up ... sucessful meeting, strong PR and heavy action tomorrow 2p-4p EST ... PHOT will be putting it into another gear soon ...
ha, totally...last minute desperate shorts, sad ... VOTE Yes & BUY ... biggest concern after that is what color 911 Turbo
Vote YES and BUY ... SA? please - if you hadn't dismissed that site a long time ago, now you know ... Given the Senior Management & Board they have, deals/partnerships they've arranged, full reports to the SEC, means to produce, distribute, research, etc.... this is a real deal long play ... see you on the other side
agreed .... if FITX and PHOT aren't in your bullpen right now I think you're crazy.... we're talking about being on the edge of a whole new $40B++ industry .... once in a lifetime type situation imo
Excellent .... hopefully this has investors seeking a solid play with the capability of producing 1.3M lbs of MJ annually within a massive, climate controlled facility
pay no mind, guy's a joke ... sweet DD man ... here's my DD, since legalizing the #1 industry concern in CO is - can't get MJ fast enough ... Several other states to follow suit .... Full-fledged, legit, taxed industry before you know it ... "Remember when shares were 35 cents each".....
... you beat me to that post .... thanks Lombardi
Bought more on that dip .... Vested & Excited ... visions of an S63 AMG with 'PHOT' plates ...
TEN more states to vote on new Marijuana legislation in 2014 ... BOA to work with dispensaries, gov't MMJ banking legislation to follow ... flame and wick getting closer daily ... embrace it
It's funny when folks who either sold early or guessed wrong on a short, hang around a board to impose fear or toss around negative speculation founded on nothing .... This board is for those who are backing a company that is strategically positioning itself to be a leader in a virtually uncharted, multi-billion dollar market ... Move along, PHOT can't be stopped ....
Great Post .... to label them 'Well Positioned' would be an understatement .... See the revenue/tax numbers coming out of Colorado? ... Now legislaturers in RI, a state with a $100M deficit, have their ears perked ... this train has too much momentum, exciting time
totally ... but the point is he can manufacturer massive waves of momentum ... and in this instance, its a damn good book ...
When Oprah suggests a book, it becomes a bestseller ... fact
Your enthusiasm is contagious, which is great .... I'm glad I held my shares and recently "re-enlisted" ... What's your honest estimation of the PPS by year's end? Thanks