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Glad to be part of a great team on these boards.GLTA
Good to see everyone ready this morning. Here’s to a good day.
Cheers my friends!
Last week Valens GroWorks announced that it has boosted its extraction capacity to 240,000 kilograms annually. The company recently received a bullish write up from The Street, noting AltaCorp’s “outperform” rating on the stock. Valens has been very active this year, with two extraction deals executed in Januar
MediPharm Labs said it has entered into its first definitive international sales agreement with AusCann Group Holdings. Under the terms of the agreement, MediPharm will supply private-label, purified, pharmaceutical-grade cannabis oil concentrates or resin for export to Australia. AusCann will use MediPharm Labs' concentrate to manufacture cannabinoid capsules. Since receiving its sales license in November, MediPharm has completed five private label sales agreements.
MediPharm Labs said it has entered into its first definitive international sales agreement with AusCann Group Holdings. Under the terms of the agreement, MediPharm will supply private-label, purified, pharmaceutical-grade cannabis oil concentrates or resin for export to Australia. AusCann will use MediPharm Labs' concentrate to manufacture cannabinoid capsules. Since receiving its sales license in November, MediPharm has completed five private label sales agreements.
Lol !!
* gonna let it ride
This turned into largest holding and just Donna let it ride , long here . Like their branding, and things haven’t even really began in USA. Money maker here
Company is checking all the boxes!!! Great day!!
MEDIPHARM Signs new contract
AC8 announcements
Date Price sensitive announcement Headline
21/02/2019
9:00 AM Price sensitive announcement
AusCann Signs Cannabis Resin Supply Agreement with MediPharm
2 pages
https://www.asx.com.au/asx/share-price-research/company/AC8
No problem. Everyone keep up the great work on the boards. It helps us all!!!
here is update direct from Collin at IR:
• They have filed to list on US markets - no timeline but paperwork is filed and its proceeding (this will be huge as right now its visibility is low for USA investors)
• Not planning to list on CSE in Canada for now stick to NEO, but in future maybe
• No plans to raise more money since their last small round
• They have agreements in the works for licensing in Canada, terms will be released when complete
• Falcon Contact confirmed will NOT be affected by harv buying them (THIS IS GREAT NEWS AND WAS MY FEAR )
• 2nd CALI facility is being built right now and they hope to have open for Q2
• They arent expanding more states in 2019 they are focused on CALIFORNIA as its their biggest market
• They have the LESOTHO investment and Canada and EU slotted for down the line and once those are going they will look at new STATES expansion
• Falcon contract has built in margins so this is great news as it offsets oregons compressed margins, he says they are "maintaining position in oregon)
• he says they have a solid pipeline of PR lined up for coming months that is "Exciting"
• He says that the financials coming out will capture CA and NV revenue (thats huge)
• He ended email saying that we should see udpates on revenues "shortly"
Last week Valens GroWorks announced that it has boosted its extraction capacity to 240,000 kilograms annually. The company recently received a bullish write up from The Street, noting AltaCorp’s “outperform” rating on the stock. The company has been very active this year, with two extraction deals executed in January.
Thanks, I’m long here just checking for any insight .
Any thoughts?
RE:Falcon bought out by Harvest
What does this mean for Halo ? . Does the delivery contract with FALCON continue to exist ? . Will HALO also be taken over by HARVEST in the near future ? ( Therefore the HALO course pressing last weeks ? ) . Questions about questions. Any opinions ?
https://www.businesswire.com/news/home/20190214005482/en/Harvest-Health-Recreation-Agrees-Acquire-California’s-Falcon
Hey Aries, what’s your take on Medipharm? NEPTUNE? and HALO LABS? Just asking since you like Valens.
Feb 10th letter to Halo
SASKCHAUCH306 wrote: Will halocanna be listing on another exchange? CSE , TSX? We are debating on listing on the CSE or TSX right now, we are currently working on an OTC listing in the US to really open up our shareholder base. When are Q 1 financials going to be reported? I will be able to provide that to you shortly, I will have to check I dont know if we have a set date placed yet. Any other stuff in the works? If you review our investor deck on our website, we have international partnerships in the works right now, we will be breaking ground in Lesotho in coming months, and we have contracts that will be announced shortly with US production. Right now we are excited about DabTabs launch in Oregon with CA and NV coming soon. Any updates on production in California? We are currently producing in CA to fill our contract with Falcon and working on finalizing our second Cathedral City location which will triple our production capacity. We are in discussions with finalizing other contracts in CA which will increase revenues and margins, making CA our real focus. You will hear news about CA production and deals in coming months as we release the information, but it is exciting times.
Bruce Campbell of StoneCastle Funds Likes Valens
Check out this awesome new video (Feb.14). Jump forward to 16:45 for the start of his comments on Valens. Great pump of the extraction business, and Valens leading role in that sector of the industry.
Click here: https://capitalideasmedia.com/video/bruce-campbell-live-six-top-picks-and-small-cap-investing-advice/
Or copy/paste this link into your browser: https://capitalideasmedia.com/video/bruce-campbell-live-six-top-picks-and-small-cap-investing-advice/
We're going to break $3 soon folks, we just need videos like this to get wider distribution and one mroe news release out of Valens, and then it's good-bye $3, hello $4.
Just a matter of time ....up and away everyone will be chasing
https://fdaheadlines.com/halo-labs-inc-otcmktsageef-provides-investors-with-2018-updates-and-expansion-plans-for-their-operations-to-other-regions/
Tough read, sorry if already posted.
https://www.google.com/amp/s/seekingalpha.com/amp/article/4240492-lured-ianthus-mpx-merger
Hey Aries what do you think of today’s sell off at high? Just profit taking ?
Loaded up some more on today’s unexpected discount!!!
Right!! I’m long here take pennies I’m in for dollars
Warrants issued? How many
Valens GroWorks received a bullish write up from The Street recently, noting AltaCorp’s “outperform” rating on the stock. AltaCorp told Midas Letter that it views Valens as “one of the premier businesses in the entire sector.” According to AltaCorp, Valens also has a noteworthy partnership with Thermo Fisher Scientific. Last week Haywood Capital Markets initiated coverage on Valens, giving the company a “buy” rating and a target price of CA$5.25. The company has secured extraction supply agreements with both Canopy Growth and Organigram Holdings. Currently the company is expanding its production capacity to 150K kilograms annually.
Boom
https://www.valensgroworks.com/press-releases/valens-increases-extraction-capacity-significantly-to-240000kg/
Dropped right at 4pm day before CGC earnings. They could of released this anytime. Looks like they wanted to drop it and go to the moon with CGC.
Kelowna, B.C., February 13, 2019 – Valens GroWorks Corp. (CSE: VGW, OTC: VGWCF) (the “Company” or “Valens”), a multi-licensed, vertically integrated provider of cannabis products and services focused on various proprietary extraction methodologies, distillation, cannabinoid isolation and purification, as well as associated quality testing, is pleased to announce that it has expanded its annual extraction capacity significantly to 240,000KG of dried cannabis input in order to prepare for customer demand for extraction services.
Thanks Aries
Hey Aries, read on another board the concern of “looks like they only have about 1Q worth of cash left? Does anyone think they will do an offering soon? Business sounds like its picking up but looks like they'll need to do an offering soon.”
What do you think?
Valens GroWorks received a bullish write up from The Street recently, noting AltaCorp’s “outperform” rating on the stock. AltaCorp told Midas Letter that it views Valens as “one of the premier businesses in the entire sector.” According to AltaCorp, Valens also has a noteworthy partnership with Thermo Fisher Scientific. Last week Haywood Capital Markets initiated coverage on Valens, giving the company a “buy” rating and a target price of CA$5.25. The company has secured extraction supply agreements with both Canopy Growth and Organigram Holdings. Currently the company is expanding its production capacity to 150K kilograms annually.
Thanks , I’m am heavy and long here so any info please keep me updated vice versa!!!