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Added at .0022, and expecting MJTK to eventually bounce back to .005 range.
Go MJTK
Rec
It's nice to see EDXC getting some press coverage on their PhytoBites CBD chews for animals.
EDXC is one of the only companies I know that is offering a CBD solution for pets. This could very well be a niche sector where EDXC leads the market.
Nice find Neo!
Go EDXC
Rec
sugar4048,
I don't lie or mislead in my posts.
With that said, have I spelled out possibilities based on current observations that have been grossly wide right or left? Yes. Haven't we all?
Since I can't short OTC (wish I could), I trade the trend.
I always root for longs as it favors any of my current positions to the upside. I don't use fear mongering tactics when I'm not in a stock that I want to be. Rather, I place a bid and wait until my price is hit, or chase if need be.
I rarely buy the low, and rarely sell the high. I'm no insider or pro and I doubt any of my postings have influence here. I enjoy these message boards, but take exception when called out unfairly.
Apologies if I've rubbed you the wrong way. Again, good luck to you!
GRNH
Rec
Indeed, GRNH has been looking strong over the last several days. I'm liking the action!
I believe the MM's stopped messing with GRNH as volume faded and now we're seeing a retail push.
Let's see what the MM's decide to do as we trend back up.
Go GRNH
Rec
Always maintained a position, never left. Lost interest as the sector tanked and stopped posting.
OTC is made for trading. Some will hold long and potentially reap the rewards, some will trade the trend.
No need to be disrespectful. There is opportunity for longs, shorts, and swing traders.
Good luck with your long position, I truly hope you profit.
Go GRNH
Rec
GRNH is as thin as I've seen in a long time. Nice to see us here in the .07's!
GRNH
Rec
Nice move verax. MJTK bottomed out last Friday and looks to be breaking out :)
Good luck!
Rec
EDXC CBD company. National news coverage on Fox!
http://www.foxbusiness.com/features/2016/11/18/is-pot-for-puppies-really-thing.html
EDXC share structure:
Outstanding Shares 245,292,750
Float 108,336,363
Take a look :)
Rec
EDXC and PhytoBites getting national coverage on foxbusiness.com!! Great find Neo!
I hope this helps bring EDXC to the forefront of the MJ sector and the investment opportunity here.
Will PhytoBites be the go to CBD medical option for pet owners?
With continued exposure, it very well could be :)
Go EDXC
Rec
Lortap,
I hope you didn't think I was implying that you or others are stupid...
I wouldn't say that EDXC has no value or substance. The company is bringing in revenues with their CBD pills and PhytoBites. It may not be huge, but it's tons better than most others in the sector that have valuations far far above where EDXC is, and the float here is much lower.
Good luck,
Rec
It's hard to believe with the low float here, that we're still trading in the single digits!
Only a matter of time before EDXC "shines bright like a diamond", like the true gem it is.
A little more exposure would be nice, as this just doesn't have the sexy ticker symbol that hits radars or search engines when investors seek investment opportunities in the MJ space.
Patiently waiting...
Go EDXC
Rec
Ironically, GRNH hit $1.20 on minimal revenue, and now the company is bringing in record revenues while trading at a fraction of the previous highs. That's the OTC dynamic for ya though.
However...
The market can't ignore GRNH's growing revenues indefinitely and the PPS will reflect accordingly.
How will GRNH possibly hit a dollar per share or more? It's a pretty straight forward recipe that I'll try to put into 3 categories...
1 - incoming revenues will fund daily business and further growth, while keeping toxic financing off the books.
Share issuance will not be needed. This all equates to share price increase.
2 - profits can be used toward future filings and audits that would put the company in line for an uplisting. Trading on a higher exchange would open the company up to institutional investment where shares would be held in "steadier hands". Decreasing the number of shares that are "actively" trading in the float equates to share price increase.
3 - as the market matures into a completely legitimate investment opportunity, forward P/E ratios will be assigned to the sector and valuations will be easier to calculate. With the current O/S, conservatively, I can see a market cap of $300M on $30M in annual revenues. (Puts us close to a dollar per share) And forget about these numbers if GRNH ever reduces the A/S or does a share buy back. Could a share buy back happen? Absolutely! With a relatively brand new market being created, the money is practically unlimited. Since GRNH is one of the original MJ stocks with an established business, they're way ahead of the curve and have all the advantages in the race to grab market share. With all the cash on hand, GRNH could easily do a buy back. If no buyback, the earnings per share alone could make for a high valuation in the dollar range.
A buyout would be a completely different scenario...in a good way though.
If anyone feels I'm off, feel free to chime in. But I do feel like I've been conservative.
Sorry for the long winded reply Neo...just kept writing and writing and writing...
Go GRNH
Rec
There's about 900K shares bidding at .08/.081.
Looks like flippers trying to get back in, or market makers looking to cover what they sold down today?
GRNH alive and kicking!
Rec
Manipulation means strong interest.
Without manipulation, the stock would be dead.
Manipulation is a necessary evil/blessing in disguise. Depends on your perspective.
Who is it? It's likely a combination of market makers and deep pocketed day traders swinging this back and forth.
GRNH, still alive and kicking strong in my opinion.
Rec
Make GRNH great again!!
It's a collective effort. Buy, accumulate, and hold!
Basic supply and demand economics. If the better part of the investment community just holds their shares, there will be less shares available in the float, increasing demand and fueling a move higher.
Here's an idea for those with IRA's or 401K's. Funds here can't be withdrawn until retirement age. If you're young, take a SMALL position and just wait it out. By holding these shares long in your IRA or 401K account, it will help lock up the float and in theory, help your main position in a cash account based on the economics of supply and demand.
If everyone with a retirement account just buys a LITTLE, I wonder how many more shares would get locked up?
Sounds good in theory...
Go GRNH
Rec
DRNK: 65 Billion O/S with 5 Billion+ float.
I believe this board deserves much better quality suggestions.
Good luck to you though...
Rec
Bids keep building and moving up along the way. This is the best and healthiest kind of bullish trading!
Go GRNH
Rec
Bid climbing and building...
GRNH!
Rec
The captain has turned off the seatbelt sign, feel free to get crazy as we head toward 10...lol.
Go GRNH
Rec
It's definitely going to get silly up in GRNH this week!
Hoping we can see sustained momentum and break through .16 this time. This time we have all the catalysts and momentum to carry us through to new highs.
Not to mention any pending news that Haas will undoubtedly issue to add even more fuel to this fireball in the making.
Go GRNH
Rec
Chart technicals turning in favor of + catalysts that everyone should be aware of by now = bullish week ahead for GRNH!
As if it wasn't hard enough to ignore what's happening in the sector, it will only get harder to ignore everything happening that heavily favors companies like GRNH and the tremendous opportunity for gains. Especially for those already holding positions from these low levels.
Where else can you find growth potential like this? I'm talking percentage wise gains, day trading opportunities, and ever growing acceptance, application, and general use of marijuana in a young and "budding" sector.
Pot com, green rush, whatever you want to call it, this is where wealth can and will be created for many!
Go GRNH
Rec
Everything cannabis/marijuana stocks, I'm a follower!
Thanks for starting another board for discussion and discovery of new opportunities in the hot MJ investment / trading sector.
Rec
Bullish turnaround for the entire sector today!
In this most recent turn, I'm hoping EDXC will break through the .07's. There is much to be excited about here and across the MJ sector with CA leading the way in the cannabis movement passing prop 64, and today's news of Peter Thiels joining Trump's transition team. Thiels' private equity firm Privateer Holdings has investments in the cannabis sector. This can only lead to positive speculation when it comes to the views of incoming President Trump on marijuana.
Go EDXC
Rec
Wow, shut down earlier and coming back to see how the rest of the day played out is a pleasant sight.
It's not too surprising though. Two major catalysts, + 1 for GRNH, likely helped push GRNH and the broader MJ sector.
1: CA passed prop 64 for legal marijuana in one of the largest economies in the world.
2: Peter Thiels joins Trump's transition team. Thiels' runs a private equity firm called Privateer Holdings which has investments in the marijuana sector. One can only speculate positively what that means for marijuana investments.
+1: GRNH issued news today on CBD
Ventures and the launch of cannabis extraction labs and a line of CBD products for early 2017.
Nice way to end the week with a bullish sentiment all around the MJ sector!
Go GRNH
Rec
It's very thin going back up...
There were a ton of shares "moved out of the way", which can make it that much faster and easier to move back up.
Go GRNH
Rec
GRNH News November 11, 2016. CBD Ventures.
Greengro Technologies, Inc. Launch Turnkey Extraction Labs and CBD-derived Nutraceutical Product Line for 2017
As Proposition 64 Brings Recreational Use of Marijuana to California, the Most Populated State in the U.S., CBD Ventures Mobilizes to Meet Bolstering Industry Demands
ANAHEIM, CA–(Marketwired – November 11, 2016) – Greengro Technologies, Inc. (OTC : GRNH) a world-class provider of eco-friendly green technologies, in anticipation of recently passed Proposition 64, announces today that its wholly-owned subsidiary, CBD Ventures will provide turnkey cannabis extraction labs and launch a line of CBD (cannabinoid derived) nutraceutical products in early 2017. These announcements are the first of several strategic advancements the Company has been developing to service the new cannabis industry in California.
On Tuesday voters approved recreational marijuana initiatives in California, Massachusetts and Nevada, making California the largest populated state in the nation to legalize the recreational use of marijuana. Considering the size of the state’s economy (approximately 12 percent of the U.S.) and the economic impact of the marijuana industry there, the approval of the ballot measure provides a foundation for the Company to now safely build, invest and expand to serve the largest market for cannabis products in the U.S.
“Proposition 64 grants California its rightful place as the cannabis industry’s hub for innovation, research and development, ”said Aaron R. Thomas, President of CBD Ventures. We have been diligently working within the State’s parameters for medical marijuana and this monumental industry advancement allows us to fully exhaust our efforts. We are excited to bring our state-of-the-art nutraceutical product lines to market and utilize the whole plant in uncharted territories.”
CBD Ventures is focused on the pursuit of advantageous strategic partnerships with industry giants that comprise all potential applications of cannabis and hemp in the medical industry and beyond. Management strategizes to capitalize on endeavors that will strengthen the Company’s local California footprint and strengthen its position as a trailblazer in the United States newest and largest marijuana market.
https://greengrotech.com/greengro-technologies-inc-launch-turnkey-extraction-labs-and-cbd-derived-nutraceutical-product-line-for-2017/
Solid news for GRNH! New revenue stream for 2017!
Go GRNH
Rec
GRNH having some heavy volume, volume before price!
Stock trading 101!
Go GRNH
Rec
Market makers don't want to let it go.
Frustrating when they take control, just gotta roll with the punches. You're gonna take a hit if you stay in the ring, but rolling with the punches and understanding how it works can lessen the impact.
Wait for the right moment. It WILL come here and bulls will get that knock out punch and gain the upper hand once again.
Go GRNH
Rec
Great news from EDXC! Autospence is one of the premiere dispense/tracking systems!
I love seeing that EDXC's Autospense system and M3Hub are getting some exposure again.
Especially considering AZ is not quite ready to take the full leap into recreational sales, this system should do well because it can adhere to strict regulations when it comes to inventory tracking and quality control for any of the MJ "related" products.
Go EDXC
Rec
Low .06's were the 62% fib retrace. Bottom I believe is in now.
Bulls, feel free to resume and get back on track :)
Go GRNH
Rec
Marijuana legalization is too big for GRNH to sit at these levels.
This IS the Wild West of investing, so no telling when we'll actually see that parabolic move I'm expecting, but it will happen!
Patience with your positions here...and if you're too finger trigger happy, keep a core and trade around that. You don't want to be out when this suddenly takes off in the middle of the day out of nowhere.
Go GRNH
Rec
Overreaction this morning with correction in full pursuit.
Marijuana ruled the day of the voting. This is too big for the sector to sit in this slump.
GRNH has absolutely incredible growth opportunities now, both in business AND stock performance!
I'm just waiting for the boom. Believe me, it WILL happen!
Go GRNH
Rec
EDXC is in the CBD business, AZ prop 205 would be great, but if it doesn't pass, it won't affect EDXC's business.
The bigger picture is that other key states passed and this creates an overwhelming amount of pressure on government to act!
Reform will come nationwide and AZ will still win in the end!
Go EDXC
Rec
Official: CA Prop 64 passed!! GRNH could see that insane move as soon as tomorrow!
Go GRNH
Rec
Florida is a HUGE plus! We need CA as well. CA will be the grand finale...saving the best for last, lol.
Go GRNH
Rec
Track CA Prop 64 here:
http://vote.sos.ca.gov/returns/ballot-measures/
Polling closes at 8:00 PM Pacific Standard Time. 2.5 more hours of voting before precincts start trickling in results.
Go GRNH
Rec
CA polls close at 8 PM Pacific Standard Time, not Eastern Standard...
I expect to see Prop 64 pass!
Go GRNH
Rec