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Great question.
Thanks for the update Erpy! Much appreciated
Gotcha. I have always thought they had alot to offer as far as intellectual property and I think that is why Emerald got involved. Whole sector is getting slammed so it could be anything really. Hard telling these days. Just glad I saved 15% dry powder for all these bargains.
That makes sense but they would come in heavier than 180k though wouldn't they?
Saw that too. Wonder what the deal is???
Such a waste of his intellect. You said “pot” ;) I am buying the dips and watching the pieces just fall into place. We got lucky it got delayed a bit. IMHO
I don't know a whole lot about you so I am going to attempt to keep this as investing based as possible. I am new to investing full time (2 years) so I have learned a lot the hard way and with some help from more knowledgeable people, I have learned a lot the easy way. What I have learned about you is that you like to get a reaction from people. I find that a waste because it seems you can be knowledgeable and have fore thought but use it in an unproductive manner. That is regrettable. Do I have concerns about Emerald? I absolutely do. This is my biggest play and the chart and the dilution concerns me. However, I trust what seems to be a stellar management team and sometimes you have to disregard the chart and other normal forecasting methods (because this is anything from a normal sector) and trust the team did what they did (even if it seems a bit negative) to put them in a position to fly. If you take a step back and truly analyze the methodology behind the decisions, it makes perfect sense. We are diluted because the people we have partnerships with see the opportunity and wanted a piece of the action.Nobody at Emerald benefits from the company failing. The delay in licensing is moot because we will have it soon and definitely before Oct 17th. The delay to October is perfect for Emerald as it allows ALL of the grow facilities to catch up and be fully operational and producing more product at a lower price than anyone else in the market place. I guarantee that when it was announced the Oct 17th was the date, the emerald management team high fived because they knew that July 1 legalization would put them slightly behind everyone. Now---they are invigorated and motivated to complete their vision and thanks to a slight delay in legalization, it will completed on the perfect Emerald timeline. I am NOT Warren Buffet. Not Even close but when pot is going to be legalized in a country, you look to who has the biggest growing potential at the lowest price to grow it. You look for the a great management team. You look for smart and low cost distribution channels and then you compare share price. Emerald has it all which is very rare. Take it for what it is worth and this is of course just my honest opinion but I think your rhetoric is based on how much you can get people ryled up and not on what is best for the investor. If I am wrong, I will eat crow but if I am right (which I think I am or I would be here) I will eat Steak and lobster in the Caymans! Good luck to you TT. Anyone that puts their hard earned money into a company deserves to reap benefits.
Scout Out
Diabeetus
Something tells me today is going to be crazy.
LOL!!!! Good times!
Emerald is like me. slow to get going in the morning but come the afternoon, It's on! DO WORK!
I hope so! I have been loading up on this one. Thanks for the heads up on this one!
Buy on news, sell on news. Who knows any more with this sector. What I do know is we have major milestones coming that I believe will keep the PPS moving in the right direction. October is the perfect time to get everything squared away and running on all cylinders. October is just far enough out to benefit Emerald more than anyone else in the sector. Gives us the perfect amount of time to have all of those millions of feet of grow space pumping out all that green. JMHO GLTU
October 17th
legalization date
Big Time!
Looks like we will know today when it will be legal.
pm-to-announce-by-day-s-end-when-pot-will-be-legal-in-canada
Totally agree. Great place to be. Sooooooo undervalued.
You and I talked about that yesterday and I believe you are right. Just needs something to light the fuse and she will be off to the races.
Sure did!
This was about the time she started her afternoon run yesterday. Hopefully she can do the same today
Picked up a position here today. Thanks for the heads up on this Mono!
Agreed. I am hoping they are saving the news for the end of the meeting and we hear about it tonight or tomorrow. Regardless, I think you are correct it will be very soon
Oh I do! ;)
This thing is going to run like Justify.
I am uncertain as to movement in June so I am standing by and building capital for a final buy at the end of June or early July. I am long as well so a few cents won't break the bank if I dont hit the bottom as close as I am hoping. We will see if it crashes through support at 3.12US again and then 3.07
After the vote didn't propel us upward, I adjusted to 2.90 to 3.00. $3.20 is a gift also.
I have 10k settling tomorrow or Thursday strictly for this one. Hope that's not too late. Thanks for the heads up Monolith!
I got in heavy here last December. I am doing just fine. GLTU
Sounds like a great time to buy
I think the little delay to the fall helps us tremendously to get everything in line to be able to make the big distribution deals. If it went live July 1, we wouldn't be as ready as we will be in the fall. That would impact the partnerships we would be able to enter into. This favors Emerald BIG TIME! IMHO
Doesn't get much more clear than that! Cheers to you!
Perfect. Looks like I will be buying dips for the next 8-12 weeks! LOL! GLTU
Thats what I was looking for. Thank you!
Thanks for the clarification. Much appreciated
So basically it has been passed and just needs ratified into law which at that point there would be a black and white law saying it is legal?
What steps remain for it to be legal?