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Anyone remember last year when there were weed companies being bought out almost on a weekly basis … That has come to a complete stop …
I would expect EMH to hit a 52 week low this week ….
Yes all the Canadian weed stocks are way, way down, not just EMH that use to trade @ $7 a share a few years back … So how do you get the buyers back into weed stocks again, when those who analyze the Canadian weed markets are saying that by the end of 2020, Canada will be saturated with too much weed ..
Will the sentiment ever change back to positive again … There is a reason in why EMH has gone from $4 to $1.60 in the last 5 months ..
50-50 split … EMH currently buys all of VFFIF share of the weed and resells it ...
Etailer .. It was @ 0.02 a few years back and then jumped to 80 cents ….
Hippd ... Considering all the gloom and doom articles that are coming out now on the Canadian weed industry, that is very possible ..
Excalibur13 … I'm stating in what the so called experts are saying in why the price of Canadian weed stocks are falling in price … Let me say again ... The pill form of weed is @ a over saturation point … THe dried weed they state will be @ a over saturation @ the end of 2020 ...
If your wondering why your marijuana stock is dropping in price ….Over saturation of Marijuana is already hitting Canada … The pill form of weed has fallen 30% in price based on the huge supply of it to choose from .... They expect dried Marijuana to hit its over supply point in late 2020 ...
Were any of those checked off boxes of EMH hitting a 52 week low or doubling of the shares outstanding or huge labor cost … I remember when EMH was @ $7 a share and had $75 million in cash ...
Northern Vine was originally going to open up 5 stores ...
borysek I agree with you 100% … I believe that EMH will have 2 very good years in 2020-2021 before over saturation of Weed in Canada starts to develop ...
Excalibur I had no idea that they renamed Northern Vines … I never got a email back from EMH on their Testing Facility that was created through Northern Vines ...Testing Weed was suppose to be a huge money maker ..
Sadly just too many cheerleaders here … They just keep burning through cash and adding more shares ….You can have all the revenues that you want that shoots up like a hockey stick, but you better have some income too … I hated the way they shot through the $75 million that they had back in 2017 … The CC left me worried when they would not comment on future earnings …
Todays drop ? Look @ the last month .. They hit a inter day high of $3 a little over a month ago and now they are in the $1s .. EMH is still raising money for D-2 … Look for a 52 week low and another bad earnings report will send this under a $1 ...
borysek do you really follow them ? CGC rewarded their employees with a huge bonus program, that cost the company some of those losses … The CEO said that no one should be making less then $200k a year … CGC would be a great company to work for ...
That ATM that they are doing is not helping the price …. I believe they said they needed to raise $20 million … Back in 2017 they had $ 75 million in cash … I would call or Email the company and complain ...
They should learn from VFF … I have lowered my position here and raised my position over @ VFF … EMH waste way too much money .. They had $75 million a little over a year ago and now they are doing a ATM that could last another few more weeks …
O.T. EMHTF earnings .. Thank You Sun-Farms ….https://finance.yahoo.com/news/emerald-health-therapeutics-reports-first-123246766.html
I saw where there is going to be shareholders meeting on June 20th …
Anyone remember when ATTBF went from 0.02 to the 0.70s with in about a year ... They were full of news back then and owned Northern Vines … Then they sold Northern Vines and I got totally out ….I have been buying some shares in the 3s, but I will go super heavy if it hits the 2s again … About 5 years ago this was a $3 stock, then it slowly sank down to the 0.02s ...
I'm looking forward to another CC … I know Sun-Farms will once again be profitable, but I'm totally lost with some of their other WEED venues ...I would love to know what the testing facility from Northern Vines is doing in REVs ...
I expect great REVs … What will be the cost of the REVs that concern me ….
Dbrown13 …. Let's hope EMH cut back on their cost this quarter … I would expect REVs to be a record high for the company … VFF is easily the better company, but EMH is a Sun-Farms partner and both companies will profit greatly from this investment ….
I guess the company is doing something ..The news letter is back …
Excalibur13 … I own both companies … Motley Fool has also attacked EMH many times over the last 2 years ...VFF last CC showed a very bright future unlike what Motley Fool just explained ….
idowonder … Looks like they are following VFF lead and doing back to back CCs ...That's a big thumbs up ….
Itchy if earnings are good, they will not hide them and release them this month ... VFF release earnings early because they were GREAT ...
Any word on when the first quarter earnings will be released ? We were almost 2 months late with the 4th quarter and VFF already released their very good first quarter earnings …. We use to always follow VFF by about 2 weeks ... I already know that Sun-Farms will be really amazing in both Revenues and Income … Norther Vines and their testing facility was suppose to be huge … I have seen no news (revenues)on testing WEED here … https://hightimes.com/business/marijuanas-next-billion-dollar-market-lab-testing/
New gu49 ..They loss $13 million last quarter … All I remember is that they needed to do a ATM to raise cash to pay for D-2 and possibly any bills in the future … What ever happen to Northern Vines and their testing facility … I thought that was going to bring in a huge amount of cash ?
Also remember that EMH spent all their money on acquisitions... They had no money left to pay for D-2 of Sun-Farms ...They are doing a ATM to raise more money ...This will sadly keep the price down until they get the cash they need and increase shares outstanding ...
meitze ….EMH had $75 million about a year ago ..They should of followed VFF and invested heavily in Texas for the next big weed sales … EMH diversified, but Suns-Farms was their only money maker last quarter … VFF is on a tear now ..VFF made all the right choices, where EMH did not ..Lets hope the first quarter earnings comes out soon and shows a turn around ..Stagnation here is taking way too long along with their 4th quarter report …
Buyout of WEED stocks has really slowed down …. I do believe that VFF has climb very close to the top as a buyout candidate ….
Newguy49 ...The quarterly report did not exactly help … The Revs were fine, but the sizable loss was not fine … Let's hope this quarter they wiped out the losses …. If anyone is buying VFF congrats to you ...
Here is VFF (CC) … http://villagefarms.com/wp-content/uploads/2014/12/Q1-2019-Conference-Call.mp3 ...It will give you a big update on Sun farms which EMH shares ownership with VFF … VFF is the best ran WEED company on the planet ..