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NO, IT'S NOT! The only thing that is important is the MMPR License. I invest based on the future potential of the company. They have $3 mil? Woopty freakin' doo. What are they doing that will make them more money? So far, I don't know. If they provided info like a timeline on the completion of the steps to get an MMPR then I'd be ok, but nothing. I wouldn't care if they said the MMPR would be delayed by another month or so just as long as I know they are making the necessary adjustments.
I did my dd. I was under the impression that they were close to an MMPR and that they were diversified to try and get the most out of this new industry. That does not appear to be the situation anymore. If it is, how am I supposed to know? No updates on the most important aspect of the company. I'm not going to go off of faith. Do you realize how dumb that sounds?
Investors don't invest on faith. That's just dumb.
I invested initially, because I believed that Abattis was close to getting an MMPR license. Now I doubt whether that is truly the case.
I'm expecting a climb at the end of the day
How do you know they are close? Have you seen the facility? What step are they at in the build? When does Health Canada come to inspect the facilities again?
I don't want any of your opinions. Opinions are worthless.
Believe me I'm tempted to sell everything. I actually have some legitimate questions and all you do is give me substance-less responses. Get lost pumper.
I also emailed about MMPR progress and was ignored. For a brief period of time my anger for the company has subsided, but it is beginning to come back. I am keeping half my position just because I still hope that it is in the near future. When any sort of news comes out about MMPR progress then I will feel better.
What is the progress with Abattis' MMPR candidates?
You're right. I don't know what I own, because we're never given updates containing any real substance.
bought at 8.23..... The drop in price has me questioning my sanity.
I will never fully understand that mentality. I get that traders want to take profits, but throughout the day?....
Abattis should go up soon since I sold half my shares
Been awhile since I checked on GTRQ. Nice to see it dropped just as I suspected. Helps maintain my sanity. Maybe I'll jump in now.... maybe
The link might help clarify. Different uses for each facility
starting with the proprietary Controlled Cultivation Environment™ (CCE) capabilities of ATTBF’s wholly-owned Biocube Green Grow Systems Corp. subsidiary, where the company has engineered a growing environment that enables 24-7-365 growing anywhere in the world. The unique mass plant cultivation systems are scalable, as well as stackable and are ideally suited to maximizing yields and quality in an indoor pharma-grade production environment, with the added benefit that they can also be licensed to companies that join ATTBF’s North American supplier network. The fully automated CCE systems are also perfect for boutique-packaged, pesticide-free organic herbs, fruits and vegetables, featuring touch screen/software-based air-flow, irrigation, lighting and sensors. Such systems allow small producers to ramp up their logistics and generate revenue ahead of regional momentum on legalization, spurring the industry forward. These attributes could help commercial growing operations, like Tweed Marijuana Inc. (CVE: TWD), improve their yield.
The CCE technology dovetails exceptionally well with ATTBF’s supply aggregation strategy and the recent 25% share exchange between Northern Vine Canada, Inc., the company’s subsidiary focused on processing, testing, packaging and shipment of pharmaceutical grade drugs (including cannabis and cannabis-derived products), and Experion Biotechnologies Inc. opens up a considerable supply line on its own. Experion almost has their hands on the Marijuana for Medical Purposes Regulations (MMPR) license from Health Canada (currently licensed under MMAR Medical Access Regulations) and this deal also makes available to Northern Vine a portion of Experion’s 10-acre site in Mission, B.C. for expanding their cultivation and processing needs. Similarly, MMPR license applicant, iJuana Cannabis, Inc., in Squamish, B.C. is also on board to fill a Licensed Producer (LP) role for the company’s supply line.
Northern Vine has only two remaining items left before they get their Controlled Substance License (CSL) with Health Canada, which will provide them with the ability to import, export and handle controlled substances. Further strengthening this position, Abattis’s recent acquisition of a 51% controlling membership interest in Phytalytics, LLC, which set the standard for Good Laboratory Practice in the cannabis testing space, opens up a strong secondary revenue stream via Certificate of Analysis testing services for LPs. Phytalytics’ PhytaLab has a forthcoming license under Washington State Liquor Control Board (WSLCB) that will allow for government-mandated cannabis and derivatives testing (as per the 2012 Washington Marijuana Legalization and Regulation, Initiative 502) to be rolled out in conjunction with the building of a broader network of suppliers and dispensaries in the U.S. Northern Vine’s ability to act as a lab and compounding pharmacy is further enhanced by their library of patented compositions, as well as Natural Health Product licenses targeting the nutraceutical space, and the subsidiary will continue to advance an evolving lineup of patentable creams, sprays and tinctures as well.
At the core of the entire ATTBF infrastructure is a $13M, 20k square foot, pharmaceutical-grade gCMP/FDA botanical drug facility leased by wholly-owned subsidiary, BioCell Labs, Inc., for which an MMPR application has already been filed. This facility already has all the water extraction and freeze drying hardware needed for production and currently produces a supra-molecular phytocompound complex of pigments, proteins and lipids (using organic baby spinach as source biomass) used in an extract with powerful anti-inflammatory properties (PUR0110). The facility is currently active doing botanical drug science, as well as distribution of pharma-grade ingredients and finished products, making it a perfect place for the company to set up shop. Northern Vine’s CSL and sub lease at the facility leased by Biocell Labs will allow a sub contractor relationship, with water extraction and FFE services provided by Biocell.
BioCell currently houses 13 proprietary formulations that can be out-licensed, as well as a series of key domain names and mobile apps that will speed the roll out of their products, including bioceuticals and services. A key component of the ATTBF strategy is to also collect LP waste streams (leaves and stems) and use their proprietary processing techniques to create a batter that is then turned into standardized wet and dry ingredients, as well as a bulk sale material for tea (stems). This strategic component has premium economic upside and long-term growth potential, giving the company capacity to generate saleable products and nutraceuticals from what is generally discarded by the cultivation industry. Ultimately, these products could provide upside similar to other companies in the medical space, like GW Pharmaceuticals plc (NASDAQ: GWPH).
The company’s overall supply line aggregation strategy is focused on capturing more and more exposure to LPs throughout North America and this huge, rapidly growing cultivation vector is anticipated by Health Canada to reach $1.3B in the next ten years for the MMPR LPs alone. A key play here is the company’s wholly-owned retail arm for Canada and Washington State, North American Bioextracts, Inc. (NABE), which is poised to supply the expansive vaporizer cartridge refill markets, is an obvious endpoint for the company’s cannabis and cannabis derivatives.
ATTBF has devised an intelligent approach to capturing as much of the cannabis market as possible, with a back-end payment processing solution that could also become the minimum standard for dispensaries worldwide, appealing to all parties, from dispensaries and patients, to regulators. The recent 34% acquisition (option to acquire 50%) of Instant Payment Systems, LLC sets ATTBF up for deploying a branded card and mobile app-enabled system that is secure and functions much like a gas card. Loadable cards remove the risk for dispensaries of having cash on hand, while also allowing for comprehensive digital analysis of per-patient quantities dispensed, eliminating concerns over medical marijuana patients reselling cannabis into the black market and also giving ATTBF access to a rich data mining target that can be resold. Easy for the consumer to use, such a card and app-driven solution is beneficial to the consumer from an ease of use standpoint, but also gives regulators a comprehensive model that they can latch onto, further accelerating the already dominant trend in the U.S. of marijuana legalization for medical, as well as recreational use.
http://www.cannabisfn.com/abattis-bioceuticals-full-spectrum-seed-to-sale-aggregator-model-poised-to-capture-upside-in-marijuana-industry/#.U829uLHSSzs
I never got out of ATTBF...
On the Abattis Bioceuticals Corp. website.... Why are you trading with a stock that you clearly know nothing about?
there are like 4 mmpr applications out. Don't you do any dd?
You rang?
well it's at .60 in after hours so that's nice. Short term chart shows borderline oversold. 20 dma is holding. I think we should see .75 at close on Friday
Well I didn't sell. Looks like panic is gone
When I sold my shares last time I didn't really miss out on any run, because the company I chose to put my money in had a run of its own. I'd like to keep my shares of SPRWF, but from what I've seen the sentiment about this r/s is not too good. If I do end up selling tomorrow, I believe I'm going to buy shares of @TTBF. Then I'll buy back into SPRWF when things cool down.
Don't kid yourself
although it had been down since last night...
I'm guessing there was just too much traffic
The site is back up and nothing appears to have changed.
You sure? Because the other companies on that page mention having mmpr applications.
Why does the Biocell Labs description on the Abattis website no longer state that biocell labs is the holder of a Health Canada MMPR license application?
Maybe they'll call of the split if the pps moves up enough haha
http://www.bnn.ca/Video/player.aspx?vid=401761 he says 21 at about 3:30
I know in the long run it's good for the company, but the timing could have been better.
hmmmmm interesting. Thanks!
was it before the spike?
True, glad it wasn't 10 for 1, but I'm fairly certain the stock price was going to make it to their .50 cent level in a month or so without the consolidation. Volume had just started to pick up. SPRWF had flown under the radar for so long and was just picking up steam. Must have been some insider selling recently, because they knew the pps would take a hit. So pissed I didn't either sell at .11 or wait for a dip to buy....
Why would you say that? From what I've seen most shareholders are pissed. Maybe in two weeks...
the author clearly has dyslexia