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I saw that too. Really thinking your thoughts on IMLFF are solid as it pertains to GWPH and the $150. Share price is a little high at .79USD but not too bad to take a toe dip and see what happens.
"IMLFF - I'm looking at it this way. It could go if/after GWPH runs strongly over $150. That will lead eyes down the ladder. In the meantime, I think accumulating from 70-80 will prove profitable, but I am only accumulating a small position. I'd much rather buy it heavily on strength after it would prove to recover $1, and and $1.10."
NICE!!!
lol. classy
Earnings come out on the 24th. Thoughts?
82k on the ask at $1.25. tisk tisk
Agreed. Solid perspective. I did the exact same thing with NMUS as it pertains to EMHTF.
Agreed.I am thinking IMLFF could as well if it can muster enough momentum to get past .91 USD resistance. Thoughts?
Monday yet? #stack
Hell ya! I would like to see a couple more days to confirm the trend but I think we have made the turn
Yep. Cool that RSI and we might be in for an EOD run
Seems like we have been bouncing off that 2nd resistance of .26 for months. We get past that and I think you are right, it will become a runner
We are right at resistance. If we can bust through it, we will easily see your $3.62 by EOD. IMO
Needs to bust through that 2nd resistance point! ($3.59 USD)
In my opinion, we are looking at 2 scenarios here:
1) We have small 1-2% up and downs until legalization and then sky rocket after the vote.
2) We have a steady decline about 2 weeks before the vote (like last time) providing a golden opportunity to fatten my position before the legalization vote and after it is passed----Skyrocket.
Either way. Emerald is going to be a leader (one of the quiet ones that people wont see coming) and the catch up will begin.
Good luck to everyone here. Going to be an amazing ride
Stretching her legs for the big run.
Agreed. My largest position
https://finance.yahoo.com/news/pot-stock-paved-path-more-122100139.html?.tsrc=applewf[url][/url][tag]Last week, yet another grower essentially cemented itself as a major marijuana player.[/tag]
Trump Backs States Regulating the Marijuana Business
President Trump has endorsed letting states decide how to regulate marijuana, and the democrats are introducing legislation to decriminalize marijuana. This is a major boost for the legal pot industry and has lifted cannabis stocks, making it a great time to start buying into this thriving new sector.
The North American marijuana business posted a revenue of $9.7 billion in 2017 - 33% up on the previous year. Now that California has legalised recreatational use, and with Canada set to follow suit in the summer, the green rush shows no sign of slowing down. Analysts predict the market could hit $24.5 billion in sales by 2021.
The Cannabis Report analyzes the fundamentals of these relatively new companies and helps you to make the right trading decisions on the right companies at the right time.
Trump Backs States Regulating the Marijuana Business
President Trump has endorsed letting states decide how to regulate marijuana, and the democrats are introducing legislation to decriminalize marijuana. This is a major boost for the legal pot industry and has lifted cannabis stocks, making it a great time to start buying into this thriving new sector.
The North American marijuana business posted a revenue of $9.7 billion in 2017 - 33% up on the previous year. Now that California has legalised recreatational use, and with Canada set to follow suit in the summer, the green rush shows no sign of slowing down. Analysts predict the market could hit $24.5 billion in sales by 2021.
The Cannabis Report analyzes the fundamentals of these relatively new companies and helps you to make the right trading decisions on the right companies at the right time.
Nice call. No brainer really. GLTA
SO much fore-thought with Emerald. Love it. I think we see a steady downtrend into legalization (like the last vote) which is a great opportunity to strengthen my position (again) and then I think it is off to the races. EMHTF LONG
Thanks Mono. Must be my brokerage. Digging your new board BTW
Are we halted? Maybe it is just my brokerage but I am showing no activity this morning
Might be time to close the laptop until June. This is just going to keep getting shorted and go nowhere (except down) until it doesn't make sense to short it and that wont happen until legalization.
Totally agree. Patience is not something I have or practice well but I am getting a lesson in patience right now! GLTU
That is a good buy
Interesting how we keep crashing through support
Will be interesting to see if it drops past 2nd Support ($1.23 USD)
Morning Stack
Almost seems like the start to nation-wide legalization in the US is actually getting some traction. Between this news and some of the other things going on in the past week or two, looks like MJ is getting some movement finally. Long over due!
Another great move by EMHTF
Emerald Health Therapeutics Names DDB Canada Agency of Record
GlobeNewswire•April 20, 2018
VICTORIA, British Columbia, April 20, 2018 (GLOBE NEWSWIRE) -- Emerald Health Therapeutics Inc. (“Emerald”) (EMH.V) (EMHTF) today announced DDB Canada’s Vancouver office its agency of record (AOR) following a national search managed by Reynolds & Fyshe. As agency of record, DDB Canada Vancouver and its integrated suite of marketing specialist disciplines, Twice, TRACKDDB, DDB Public Relations, TracyLocke Canada and Tribal Worldwide, will be providing a full range of seamlessly integrated communications services.
Committed to an exclusive partnership within the cannabis category, the agency’s work will be designed to launch various brand initiatives and scale Emerald’s marketing communications efforts based on both domestic and global growth plans. The agency has already commenced work to support Emerald Health’s multi-phase expansion plans. The company plans to scale its offerings to meet the anticipated demand for a new, legalized recreational cannabis market following adult-use legalization across Canada slated for summer 2018.
“We were looking for a global, top-tier agency to suit Emerald Health’s broad scope of aspirations both in Canada and abroad,” says Paul Dillman, VP Marketing and Sales, Emerald Health. “DDB was the perfect fit with their world-class strategic approach, resources to support our global expansion and a deep understanding and knowledge of the Canadian market, including Quebec.”
“DDB Canada is selective in pursuing symbiotic partnerships with reputable, like-minded companies and Emerald Health’s science-based approach and focus on innovation makes them the perfect partner,” says Patty Jones, EVP Managing Director, DDB Canada Vancouver. “It’s an exciting opportunity to bring Emerald Health’s mission, vision and brand to life - all while serving as an extension of the company as its brand steward. We look forward to working hand-in-hand with its key decision makers to build this brand, while adapting and pivoting when needed as regulations in the industry evolve.”
About DDB Canada
DDB Canada is the most creatively acclaimed, internationally recognized marketing communications agency in Canada. The agency was named 2015 Digital Agency of the Year by strategy magazine and was ranked #2 agency in Canada by the Gunn Report in 2015. Known for advertising that generates significant results for clients, DDB Canada is a "total communications company" whose fundamental belief is that creativity is the most powerful force in business. DDB Canada has offices in Vancouver, Edmonton, Toronto and Montreal. The agency's integrated marketing disciplines include: public relations, event management, digital, social, mobile, branding, design, direct response, CRM and shopper marketing.
About Emerald Health Therapeutics Inc.
Emerald Health Therapeutics, Inc. (EMH.V) (EMHTF) operates through Emerald Health Botanicals Inc. ("Botanicals"), a wholly owned subsidiary and Licensed Producer under Canada’s Access to Cannabis for Medical Purposes Regulations. Through Botanicals, Emerald is authorized to produce and sell dried medical cannabis flower and medical cannabis oil. It currently operates an indoor facility in Victoria, BC, and is building a 500,000 s.f. greenhouse on 32 acres in Metro Vancouver, with expansion potential to 1 million s.f. to serve the anticipated legal Canadian adult-use cannabis market starting in 2018. Emerald also owns 50% of Pure Sunfarms, a partnership with Village Farms that is converting an existing 1.1 million s.f. greenhouse in Delta, BC from growing tomatoes to growing cannabis. Emerald’s team is highly experienced in life sciences, product development and large-scale agribusiness. Emerald is part of the Emerald Health group, which is broadly focused on developing pharmaceutical, botanical and nutraceutical products designed to provide wellness and medical benefits by interacting with the human body’s endocannabinoid system. Please visit www.emeraldhealth.ca for more information.
It would be a perfect day for a metro license. Just saying
This is huge news but it was not approved by the FDA. It was recommended for approval by an FDA advisory panel:
"The 13-to-0 vote sets the stage for the approval of the first-ever cannabis-derived treatment in the United States."
"The FDA does not have to act on the recommendations of its experts, but typically does."
"A potential approval of the drug, Epidiolex, a final decision on which is due by June 27, would confirm the therapeutic benefits of cannabidiol (CBD) - an active ingredient found in marijuana from which the drug is derived."
Kind of thinking the same thing
Me too. Putting the rest I have in and closing the laptop till June
IMHO the shorters took their profits from yesterdays run up and now eveyone is watching to make sure that the drop isnt more than just shorters taking their profits! LOL! I am thinking we will see a late run today to near open but not much more than that.