Waiting Patiently to Load My Boat!
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Yea...i had read that. More money, more money!!!
From the FB WeedMD ShareHolders Group...
"Yesterday I went for a drive down to the facility in Strathroy with a fellow shareholder; as we only live 20 minutes away from the location. There was around 30-40 workers on the project on a Saturday at 2pm which says a lot. More than half of the greenhouses seem to be finished. Facility is massive, from what I saw it looked like 1/4 of their rooms were online. If anyone is close I’d recommend taking a stroll thru!"
Slow and taking their time as usual! Lol
Apparently we got money in toques too! Post on WeedMD facebook page! 20 mins ago! Lol
Definitely...if this doesnt move on the Fins this quarter, ill be upset, but im still in for Long...it will have its day, whether tomorrow or in 6 months!
Hopefully 130k sqft of product hits the shelves this quarter! Baby Steps...but we are getting there!
News - Approval of sales license for Strathroy facility. Can now sell product from Strathroy!!!
Super Low Volume, We Are Due Soon!!! Fins 3Q week after next!
Nice lil run up before Q3 Fins...Lets see how they react to 15m+ for the quarter!
Battle of the Bulge!
Lets see what volume looks like tomorrow as we are nearing quarterlies and licensing!
Not Gonna Lie...Wish I Had Sold @1.70 and bought back at $1 Lol...Bet we are all kicking ourselves in the asses! But what an exhilarating ride! Go WDDMF! WARRIORS DIG DEEP MOTHER F'RS!
Welcome all the new faces!!!
Not concerned at all...a year from now, we will all be sitting back, patting ourselves on the shoulder!
Taub...You Okay? Lol
Shorts covering better hurry!!
Eagles Baby...E-A-G-L-E-S!
Well at least KC is doing good! Lol
Low volume again...still time to buy em cheap! Long and Strong! Stay firm...Gonna be a couple years on this ride!
FB post, new interview with Kieth and Updates!!!
https://www.cannabrunch.net/single-post/2018/10/26/Interview-with-Keith-Merker-CEO-WeedMD-%E2%80%93-wwwweedmdcom
Its all about the wait...Lol. i think the additional 60k they mentioned in early September is what gives them the 110k. They have 40k licensed now, 6 more 10k rooms? I know my math skills are good, but 60+40=100, lol...maybe they are getting 7 rooms? Lol
Side note, i think with the free cash we have, they are waiting to secure that additional space licensing before they go free willy and have a spending spree!
Mexico Supreme Court Legalized Recreational...
https://www.google.com/amp/s/www.upi.com/amp/Mexicos-Supreme-Court-legalizes-cannabis-for-recreational-use/9621541024238/
I wonder how much we will pay Lifford for the distribution of our products, and how much profit that will reward WeedMD. I understand we need to outsource for distribution, which will open new channels to generate additional income, but are we paying them based on contracts obtained, did we issue shares, whats the cost to the company and share holders? Are they seeking to put our product on dispensary shelves? Any idea how they fit in? Thoughts on if this is a lucrative contract or a waste of time? I would think a couple of desk with some phones and sales reps would do the trick...but maybe we are paying less for a whole company versus a few salaries?
Apparently everyone who plays the flip game on cannabis knows that its 6 months from seed to sale, 4 minimum if dried and cure time after 90 day grow period. So with most companies now waiting for licenses and construction to finish, smart traders know there isnt enough supply yo meet the overpriced market caps on most companies. WeedMD heavily undervalued though in my opinion, but we are still lackingbthe supply and space for a huge push to the next level of highs. We need the licenses and additional square footage. 12 months we should be free and clear of all questions except how rich we will all be!
Its just big money brokers flipping...looks like they wait 30 days minimum to avoid the wash sells also, market turns in 30-45 day cycles the last 2 changes. Just my observation...happens on the MACD changes, 10 day sell off, slides down, no volume, short the stock, let it bottom, cover the short position, load back up, sell on the MACD when it is converging back South. 10 to 15 day turnover at each end of the chart, with 30 day consolidation to aquire more shares. Just thinking what I would do if I were a chart trader yo maximize my share count.
The news today is only worthy of 1 or 2 days upside, may see a dip again next week unless more news comes out.
Ill have to do some research on Lifford tonight when I get home to see what kind of footprint they actually have established in Western Canada.
Just a little side talk about whats happening across the boards, nit just cannabis. #stonertalk lol
I feel like people are taking out gains before elections...even AMZN is down 500 points, and we are in that same window with Cannabis. I wint lie, i wish I had sold at 1.70+ ans bought back in here, but thats just life!
No selling here!!!
5 of 5 Sold out in Ontario!
Looking Good...We Got This On Lock and Look Great on Paper!!!
30 Days til Fins, maybe a boost in between now and then for 2 bumps this month. Dont expext all of the Strathroy spaces to be licenced until April, thats my Canada Health Curve...Lol!
You could play the charts and sell on the oversold indicators, for a couple months to a year, but once everything is fully up and operational with steady consistant sales, then youll wanna take your final position.
I like this...it protects our strains from being sold by otger producers without paying fees, and it answers to always important question... Is it what they say it is? Good for medical patients to be well informed as well!
Yea..42k grab at $1.25, pulled back right after that...never fails!
Market Reacting to the Bigger Picture
Not me...Im in everywhere under $2
Thats some Bad Weed right there...Lol