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Future Farm has a lot of great projects ongoing, and in the works, but the one that intrigues me most is the Tissue culture lab in California.
Genetically pure tissue culture plantlets are expected to rapidly replace cloning mother plants as a means of mass reproduction.
It will also free up space in grow houses without the need for mother plants onsite. From what I've read it's expected to be a high margin rapid growth industry.
There are very few listed first movers in this space. Most are still private companies. The last PR on the subject said the lab would be completed in late March 2019.
Lots of good PR's on many subjects should be coming up to get this stock moving again. IMHO GLTA
LOL PCG, I know how you feel. I don't like chasing stocks either. GL
BB The party just kicked into high gear with the licensing news. Best part is the news will keep on coming with new Beleave products in the pipeline.
Even though SP has been going up since the news, it's still just getting known. Volume looks mostly like a few large buyers, more than retailers buying to me. But word is getting out with the large gains.
It's time to Beleave!!! IMHO GLTA
New-Halo Building A Cannabis Concentrate & Oil Empire
https://www.globenewswire.com/news-release/2019/04/09/1799550/0/en/HALO-Labs-Building-A-Cannabis-Concentrate-Oil-Empire-CFN-Media.html
THC BioMed #4 Best Performing Canadian L.P. Stock
https://mjobserver.com/investments/stocks/5-of-todays-best-performing-canadian-l-p-stocks-april-8-2019/
Beleave Best Performing Canadian L.P. Stock
https://mjobserver.com/investments/stocks/5-of-todays-best-performing-canadian-l-p-stocks-april-8-2019/
Halo Labs Continues To Be A Revenue Machine
https://technical420.com/cannabis-article/halo-labs-continues-to-be-a-revenue-machine/#
Looks like a paid for article, which is fine with me. Shows the company cares about getting information to investors, and helping the share price. Still it has some good information for newbies like me:)
Agree they are a prime buyout target for the licenses, facilities, supply agreements, and medical patients. I'll take .50 for my shares now, or just let it rise up on it's own merits. Either way it's a win win to me. IMO GL.
Many extra zero's if you connect the dots in the PR. In 2 days they had $105K from product sales in 41 dispensaries. Company is guiding product sales in 200 CA dispensaries this quarter. If you do the math you will be amazed. This is why the number cruncher's forked over 18M in funding to Halo last week. Cash flow ya'll. IMHO GL
Great news!! California ramping up nicely.
Thanks for the info dieduchowski :)
Just getting a Health Canada license is a really big accomplishment. Lots apply few receive. The license alone could be worth much more than the current SP. Company could become a buyout target for a big money cannabis entrant who doesn't want to wait for a uncertain license. Even without a buyout the company seems to be executing well on its business plan for the future. No brainer to me at this SP. Always IMHO GLTA
First look video of the new Delta 9 Grow Lab. Interview with lab tech, and CEO.
https://globalnews.ca/news/5123460/6-months-until-edibles-hit-the-market-cannabis-companies-get-ready-for-2nd-round-of-legalization/
Delta 9 should be on this list if they beat Cronos earnings of 4.2M. Delta 9 is also guiding a better EPS (.02) than Cronos Tilray Aurora and CannTrust. Motley Fool should show Delta 9 some love :) IMO GL
https://www.fool.com/investing/2019/04/06/marijuana-stock-earnings-a-comprehensive-look-at-f.aspx
I could see it getting to the point where infused concentrates overcome dried flower sales for the convenience factor, portability, and ease of use in different environments.Popular proprietary flower strains could be infused in Dab Tabs with longer shelf life, and higher margins. I'm sure there will always be a good market for dried flower, but it now has some serious easy to use competition. IMHO GL
F11 thanks for the good info on this board. Needed a lab to round out my cannabis stocks. Don't want to miss out on the upcoming boom in the concentrates market. Already starting to help Halo's revenues in just a few months of Dab Tab sales.
Liked Halo Labs over others for their exclusive licensing agreement for Dab Tabs in CA NV & OR. Believe this will rapidly replace other forms of messy concentrate consumption. Since CA is the largest cannabis concentrate consumer in the world Halo is poised for growth.
The product has complex proprietary technology that would be hard and expensive to duplicate on the black market. Comes in measured dosages for both recreational and medical consumers. Think this product will be disruptive, and quickly capture market share.
Another Dab Tab play is MeriMed who has the licensing for MA RI DE & MD. Picked Halo since they had $1M more total revenue over MeriMed in their last reported quarters, and sells for 17% of MeriMeds share price. Cannabis valuations are crazy right now.
Always IMHO GLTA
Glad to be here early with you guys. This company will get some serious attention when they report earnings. Being in Manitoba they are flying under the radar publicity wise. BC and Ontario growers seem to get all the attention.
For example take Ontario grower Flowr Corporation. They just reported quarterly net revenue of C$2.87M with 86.7M shares outstanding. Their Share price is currently C$6.40.
Delta 9 should double, or more, that revenue number, based on their guidance, but shares are selling for 1/4 the price C$1.68. It would be one thing if Delta 9 had 4 times the shares outstanding, but they are almost exactly the same for Delta 9 at 86.4M. Actually less OS.
So in my thinking we hold a company that produces more revenue, and has less shares outstanding, for 1/4 the cost of FLWR corp stock.
I like FLWR and think their share price reflects their potential. They are benefiting from being in the hub of a cannabis hotspot based in Ontario.
I like Delta 9 more because they are growing revenues faster, with lower costs, and less square footage, using proprietary grow pod
tech. Believe they are getting penalized for not growing in the large BC or Ontario investor markets.
This is just my long winded way of saying I think Delta 9 is way undervalued, due to lack of exposure to investors in bigger markets. I think that will change when they report numbers that possibly beat Cronos, The Organic Green Dutchman, Flwr Corp, plus others at higher SP's.
I appreciate everyone's feedback and opinions.
Always IMHO GLTA
Hopefully they get to the Nasdaq or NYSE someday. At least they are on the top tier OTCQX in the US. One step away from the big boards.
They will still need to continue executing on revenue growth and expansion before that happens. Recent news shows the expansion is underway, and their products are in stock online on multiple websites.
To me this is a low float long play with lots of volatility. Company isn't newsy so the SP ranges for long periods between news updates. Volume traders give up and sell. I buy the dips. Could retrace recent lows with no upcoming positive news.
Feel like the company is moving in a positive direction even though the SP doesn't reflect the future growth potential. Really like the low float. Hard to find in cannabis companies.
IMHO GL
Delta 9 isn't solely footing the bill for all the new retail stores. They are partners with Canopy in a consortium arrangement for retail expansion. Here's a older PR for the newbies that explains the relationship. Nice to have deep pocket partner backing D9.
https://markets.businessinsider.com/news/stocks/delta-9-and-canopy-growth-awarded-retail-license-in-manitoba-1016013532
Liking the monthly revenue reports. Company seems fairly newsy for SP support. Cash burn seems reasonable. The ability to even raise 18M shows the numbers have been crunched favorably for future cash flow to service the debt. Which to me isn't overly large in shares relative to the low float. Like that they are a pure play focused on high margin products. First mover in the Dab market. Plus good distribution channels through MeriMed. A lot to like here. IMHO GLTA
Alliance Growers Secures $4 Million Equity Facility
https://menafn.com/1098215604/Alliance-Growers-Secures-4-Million-Equity-Facility
Sounds like things are still moving forward on the Cannabis Biotech Complex in BC. About time for a progress report on the Biocannatech grow complex in Quebec as well.
Needs a pop out of pennies with some good news, or any news. Waiting. GLTA
Yes I like the NanoSphere partnership, as long as they take it slow, and test the waters before spending millions on a lab. Not sure how this CBD mania will play out. Lots of players in the space. Dried flower is always in demand. Sounds like they are taking it slow from the comments of the CEO. YouTube interview in one of my posts.
Good news that the pods are all painted white, and onsite. Progress being made on expansion. Thanks for the updates.
I feel the same way AC. The company has great assets, supply agreements, and expansion underway. This puts them in a good position to grow rapidly. Looking forward to earnings. Nice up day today. GL
Thanks for the link YMR. Wondered where are the volume came from today. This is what a good national PR does for the share price. Hoping for a momentum build to earnings. GL
Thanks for the link PCG, but it's not working for me. Could you tell what partnership you're talking about. Maybe try posting the link again.
Thanks for the info PCG. Did you notice if the Grow Pod containers were all painted white. Could be unfinished future pods if they had different colors. Thanks and welcome.
Nice higher volume up day today. April 23rd earnings coming quick. GLTA
Canada's Top 11 Marijuana Growers Have Reshuffled Again
Spoiler Alert. Aleafia #7. Ahead of Tilray & Cronos. Yes Really.
https://www.fool.com/investing/2019/04/02/canadas-top-11-marijuana-growers-have-reshuffled-a.aspx
For a modest craft grower they certainly have their fair share of product for sale online, right there with the big boys. Just a hand full of cannabis companies have that privilege. Health Canada isn't just handing out licenses to anyone.
Now they just need to focus on expansion, and growing the highest THC products, at the lowest prices. That's what rec consumers are buying. Forget about flower CBD, or low THC products in the rec space.
Glad to see a micro cap craft grower alongside Canopy & Aphria on the store shelves. GLTA
Say Hello to the Newest Production Powerhouse
This cannabis grower can produce 138,000 kilograms a year, but has a market cap of less than $500 million.
https://www.fool.com/investing/2019/03/25/marijuana-merger-complete-say-hello-to-the-newest.aspx
D9 tried to move up on low volume today. Compensation/finance share selling could be winding down. Haven't seen any really big sells lately. Volume could increase on uplisting, and really increase on a Cronos revenue beat. IMHO GLTA
Agree that day traders got caught up in merger fever with no patience to stay long.
I wish we were near HEXO's SP, but we definitely should be right around TGODF's SP, if revenues mean anything. They just reported 1.2M USD in quarterly revenues last week, with a SP of $3.62.
Emblem & Aleafia reported 2.3M & 1.6M in Q3. Either number would beat TGODF, and their combined revenue of 3.9M is close to CRON's just reported 4.2M.
Hoping for a revenue pop to 5M+ in Q4 for the combined company. I see Emblem's dried flower (Symbl) in stock, and for sale online in Canada. Cannabis stock values are whacky right now.
ALEAF made a nice move off the bottom today. Selling seems to have calmed down. Hoping for some sanity and fundamentals to kick in soon. IMHO GLTA
These “Comeback” Marijuana Stocks Are Roaring To Life (Up 23% In A Single Day)
https://theseedinvestor.com/marijuana-investing/these-comeback-marijuana-stocks-are-roaring-to-life-up-23-in-a-single-day
National Access Cannabis Ring Up Over $20 Million in Retail Cannabis Sales
https://www.smarteranalyst.com/cannabis-stock/national-access-cannabis-ring-up-over-57-billion-in-retail-cannabis-sales/
5 Cannabis Companies Reporting Soon that You Should be Paying Attention To
https://www.equities.com/news/5-cannabis-companies-reporting-soon-that-you-should-be-paying-attention
Thanks for the update Ymr. Cool that they got back to you. So many don't. It's news to me that Delta 9 is moving up to the top TSX exchange from the TSX Venture. Good news.
Funny that even the company was surprised at how their earnings compare favorably to Cronos. The CEO mentioned it in his interview as well, even pointing out the disparity in market caps. Snap.
Don't agree that opening a new store is old hat. That new store will produce millions in revenues. Investors need to know. Thanks again for posting the reply summary.
The CEO's interview on YouTube has been viewed 360 times in the last 24 hours. Canopy Growth CEO's interview on the same show yesterday has 645 views.
First thing it says to me is there aren't many serious investors doing DD left in this market. Second thing is of the few remaining serious investors Delta 9 is getting its fair share of attention compared to Canopy.
I'm guessing a few of these views are retailers, but the majority are professional investors, and portfolio managers. People that understand why a low float is good, that Cronos beating revenue numbers are worth investigating, and that guidance for cash flow positive in 2019 is a rarity in the cannabis space.
When the Delta 9 rocket gets lit the momentum traders will swoop in not knowing why the stock is going up, just that it is. They always get in too late, sell too early, and never make the long money.
Like today when CannTrust sold down 20% on record breaking revenues (15M), and I got the entry point I missed the first time. I'm sure some people took massive losses from fear of the unknown. The unknown being the company they just sold for a loss. Probably didn't watch CannTrust CEO's interview on YouTube :)
So to your point. Yes I can and can't believe that investors haven't found this stock. I can believe that there are only 360 serious investors in Delta 9, and 645 in Canopy. I can't believe fundamentals no longer matter in the momentum market of today.
Always IMHO GLTA
CTST will bounce back along with the sector when private retailers, like CannTrust partner META, finish expansion. Health Canada & the Provinces are taking too long with store application approvals. Except for the bigger cities the Canadian market has hardly been touched. Big growth in the future if government gets moving on cannabis store approvals. IMHO GLTA
Good luck tomorrow everybody. Bought a few shares anticipating a blow out quarter. Also buying CannTrust's retail partner, National Access Cannabis, for the same reason. A rising tide lifts all boats. GLTA
New interview with Delta 9 CEO. Good Stuff.
I like the NewLeaf Cannabis branded stores they acquired more than the META branded stores. NewLeaf sounds more like a cannabis store. Not as flashy as Fire & Flower, but not as boring as Choom. I don't care as long as NAC flashes the money. IMHO GLTA