Everything I post is IMO
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"Lesotho attracts another major medical cannabis investment"
"The first country in Africa to regulate medical marijuana has attracted another significant international investor, this time from a large Canadian licensed producer.
Toronto-based Supreme Cannabis will invest 10 million Canadian dollars ($7.7 million) for a 10% stake in Medigrow Lesotho, the companies announced in a news release."
https://mjbizdaily.com/lesotho-attracts-another-major-medical-cannabis-investment/
What will happen when South Africa gets the licenses out? We know it's a matter of time as South Africa is now importing CBD oil. The tiny landlocked country of Lesotho (within SA) has been ramping up medical marijuana production. South Africa has already started the process by inspecting plants and laying the groundwork. As soon as $TXTM get the blockchain for seed to sale management this companies PPS will change dramatically and so will the momentum in this name.
"Rapidly-Growing Blockchain Market Offers Good Upside Potential"
"Blockchain technology has seen an explosion in growth.
According to experts’ projections, the global blockchain market size is expected to grow from $411.5 million in 2017 to $7.68 billion by 2022.
That’s a staggering compound annual growth rate (CAGR) of 79.6%!"
https://streetsignals.com/global-blockchain-technologies-corp/bloc-2/ride-red-hot-bitcoin-wave-maximum-profit-potential-2/?utm_source=Aimtell-DM&utm_medium=push&utm_campaign=Aimtell-DM_BLOC_Rapidly-Growing_push_21-65_cmt_300516
What did I say just a few days ago when PLP# spiked on unusual vol? $TXTM would follow... Both at or near highs again today.
The sellers have slowed and created a base 2x the last price as the trend continues to turn favorable for this company / marijuana sector. Buyers know whats coming and are moving back in prior to news or any update in months.. What will happen when a rush of new buyers come in? Next PR takes us to blue sky breakout territory in short order IMO.
"GrowSpot’s significant presence in Canada and Europe will allow for maximized impact of these roll-outs and develop new market opportunities as they arise. Securing proprietary technologies gives GrowSpot a distinct market advantage to exploit in a proactive and effective manner"
http://growspot.co/about.html
Maybe people are finally getting whats going on. I can't lay out anymore DD without physically clicking the button for some people.
Others get it.
The connections.. The dots... They come together with a little work and patience.
What is the difference between the budbo platform and the phytocoin? A subscription based model. It lets Phytocoin have the ability to determine who can, and cannot use certain products or features on the app. That is a major differentiator from your every day crypto for you and me. Could be a business / consumer side with different revenue models.
The Phytocoin product will have a higher level of control by the companies using the product. When you can show every detail of your product for the entirety of it's lifespan that is a game changer. Not just for the marijuana industry but for all of mankind.
This is the first attempt with the most commonly accepted form of marijuana production, CBD. While crypto currencies may fluctuate. Make no mistake about it. The blockchain is penetrating the financial markets fast and $TXTM is showing foresight and patience in regards to creating this product. It all boils down to execution. If these guys execute.. You are looking at a billion + dollar company in a few years easy, IMO.
Why would GrowSpotSOUTH AFRICA constantly be telling you about a EUROPEAN PRODUCT?
Anyone have a good reason other than a partnership, or an infatuation with the product of some sort?
Isn't it reassuring to know the marketing director for the largest marijuana company is a part of the Growspot advisory team?
http://growspot.co/about.html
Am I grasping at straws? Or am I starting to make sense to a few people yet? :)
What I find curious is....
"#CuredbyNature have the best #CBD products in #Europe http://ift.tt/2oBFGdL #Slovenia, #cannabis"
https://twitter.com/mygrowspotsa/status/976760582723555328
""Growspot.co is planning a massive roll out - we are here to serve the #cannabis community in #SA, #Capetown, #Durban, #Pretoria"
by: https://twitter.com/mygrowspotsa
The other main line of tweets relates to #Potcoin. You know what Potcoin has in common with the advisory team at growspot? Ties to Canopy Growth... The largest marijuana company in the world.
So when people think others are clutching at straws to draw conclusions... One does not need to do much DD to see the clear and present opportunity ahead in South Africa $TXTM a few years ago received a grant from the government for creating jobs... I'd say $TXTM would be a company they would want to help create more jobs rather than to hinder.
The government has already been behind the project as a tea leaf manufacturer... Once the license allows for marijuana production I'm led to believe more jobs will be created giving both sides what they want. A new industry with significant job creation and a high tax rate. Gives both sides a win going forward.
Their is a reason South Africa went to a schedule 4 substance with CBD... They want to Export it and be a major player. It's why they have high standard for entry into the market... IE seed to sale management... IE the blockchain provided by the Growprocess merger.
"Deutsche Bank Sees Robust Year for South Africa IPOs, Bond Sales"
"Business confidence in South Africa is rebounding after Cyril Ramaphosa succeeded Jacob Zuma as head of the ruling African National Congress and president."
"“South Africa remains a relative safe haven given its legal framework, good corporate governance and liquid capital markets, which allow investors to come in and out,” Denny said. “Foreign investors are telling us that they have seen this cycle before and are ready to come back into the market following Ramaphosa’s win. There is a lot of money still waiting on the sidelines.”"
https://www.bloomberg.com/news/articles/2018-03-22/deutsche-bank-sees-robust-year-for-south-africa-ipos-bond-sales
WTF do you do over the course of a day to care that much about a random penny stock scam according to you? You even follow the daily trades to a T. Insanity.
PLP#, parent company is acting well off the back of some recent updates. Sitting at highs of day. Feel like $TXTM longs are getting close to validation.
PLP# is transferring 35% of it's 65% ownership to buy growprocess (once deal is complete) To them. 30% of this combined company is worth more than 65% of $TXTM as a stand alone company... Something big is about to come out of this merger IMO.
Wonder what all the things are going on behind the scenes that are warranting the hiring of a PR firm... Hmm. Big things coming very soon. Patience and foresight is about to be rewarded IMO.
That seems to happen to me at every step along the way so far, lol.
Sister company rallying... Last time it had a big vol day it was followed by weeks of a rally and $TXTM rallied with it.
Just touched another intraday high with good vol / support behind it. The move will spread here soon. Just watch!
Large blocks on the bid and a reduction in overall volume could lead to a pop IMO. Once the sellers run out all these people flipping will be forced back into the stock at a higher entry if they want in on the next leg up. Someone will jump the line soon and cause others to follow.
Sucks for those hoping to accumulate more like myself... But oh well. We had months to accumulate here. Now it looks like it's time to let this ticker fly IMO.
$TXTM was spun off from $PLP#... So yes. The technology that encompasses phytofare which $TXTM / $PLP# has rights to. Developments from the parent company directly effect the market potential of the SA phytofare product.
But things that are obvious seem to pass you by too easily as you look to avoid the truth / lol / and make false statements...
Let me respond for you.. "I always tell the truth. I make all the right statements, I make the best statements. I know everything, and you all know nothing... Pure entertainment!" LOL
Last time the sister company had this much volume in 1 day it rallied for weeks subsequently along with $TXTM. Believe we are coming up on a turning point where the share price will recover prior to the next material PR that is released.
2 PR's from PLP# stating what's coming up in 2018... What will happen with $TXTM once our shareholders get a material business update? Running out of time to accumulate cheap here. Next PR comes out on #TXTMs side I have a feeling after reading the last 2 PR's from the team... It could be a good one! :)
"Plandai Biotechnology Issues Business Targets and Milestones for Remainder of 2018"
8:30 am ET March 20, 2018 (Globe Newswire) Print
Looking to Ramp Commercialization and Accelerate Revenue Growth
$TXTM is Plandai South Africa.
"Plandai Biotechnology Inc. (OTC Markets: PLP#) (the "Company" or "Plandai"), a producer of nutraceutical and highly phyto-available extracts, today announced business objectives, targets and milestones for the remainder of 2018.
Plandai is excited with the development and progress of its Phytofare(R) extracts as it delivers a more meaningful and beneficial dose at highly competitive prices to the consumer. The Company has identified and is targeting three industries to accelerate its revenue growth.
First, in 2017, Plandai conducted preliminary investigations and research into developing a Phytogenic feed supplement for use in animal husbandry. This included doing multiple preliminary clinical studies with the aim of improving animal wellness across the broad animal husbandry sector. The results thus far have been outstanding, and the Company is currently working to complete its trials. When the latest trials are completed and the results made available for release, the company will issue a further press release discussing the findings and the Company's future plans. Roger Duffield, the Company's director and Chief Science Officer assigned to the tests, commented: "We are encouraged and excited about the significant potential impact that these results may have across multiple animal related industries."
Second, the Company has developed targeted nutraceutical supplements to enhance health and wellness for consumers which were launched last year. After struggling a bit to find its niche, Phytofare(R) is now finally building in sales momentum. We have contracts with several large, international nutraceutical customers and developed a private label product with Coyne Healthcare that has been selling well. Coyne is targeting a major product launch in the United States this year and we are excited to see our shareholders finally have the opportunity to see Phytofare(R) on the shelves at their local stores.
Finally, last year Plandai conducted a primate bioavailability study in Mauritius designed to help set target dosage for an upcoming diabetes human clinical trial. The diabetes products will incorporate Phytofare(R) entrapped in a unique liposome delivery system designed to further heighten our already industry-leading level of bioavailability. Before starting a human clinical trial, it was necessary to first determine dosage points and wash out periods. The results from the new bioavailability study are expected to be released by the end of June, and management can then set the clinical trial protocols for our human diabetes study. That study will assess the ability of Phytofare(R) to help regulated blood sugar and insulin levels in Type II diabetics."
""We are encouraged by our development and recent traction we have made over the past few months and believe we are well positioned to penetrate market opportunities and ramp our sales in the animal phytogenics premixes, dietary supplements and diabetes industries," said Callum Cottrell-Duffield, Plandai's Chief Operating Officer. "The available opportunities within our targeted markets have increased and created a solid pipeline of projects."
VIA PL#L news on march 12
Waiting can be the hardest part of investing in penny stocks. But oh the gains when vindication comes... Oh that will be sweet. So i'll continue to load here and watch as the developments pick up about the time the sector as a whole takes off prior to Canadian momentum! IMO
For those unaware... BMIC tends to be institutional trading. Maybe dilution? Not sure. Could also be big institutional buyers coming to the stock.
Could be good / bad. I'm not to versed in BMIC trading. But i'd say the more awareness / trading going on the better. IMO
Haven't seen BMIC on the bid / ask since I been here. Gaining awareness.
"#CuredbyNature have the best #CBD products in #Europe ift.tt/2oBFGdL #Slovenia, #cannabis"
https://twitter.com/mygrowspotsa/status/976035685302964224
Why would Growspot South Africa be posting about European / Slovenian developments? Because it ties in with $TXTM and the South African upcoming developments IMO.
Past 3 days each morning I wake up and check twitter. Every day Growspotsa (Growspot South Africa) makes posts regarding Growprocess in South Africa.
Something is going on between these companies IMO. Growspot has clearly shown an interest in what growprocess is looking to build here. They have been tweeting daily including lots to do about the "Cured By Nature" brand.
Cured By Nature / Papilo represent a wellness product being grown from hemp in Slovenia. Checking in with current Slovenian law, wellness products / hemp are able to be produced in Slovenia. Where high thc cannabis flower sales are against the law currently. Producing CBD for a wellness brand using hemp is 100% legal in Slovenia and aligns the visions of these 2 companies moving forward once ground is broken.
I'm in the 10+ boat and continuing to load thanks to efforts of the shortsighted trolls here. Keep it up! I am getting money ready for next weeks purchase! :)
I'll keep accumulating here. Just don't have the time to play games with you anymore. I know you find this great entertainment. Summer is coming and being outside is a much greater concern than being a keyboard warrior.
I'll be thinking about your hard work to get me these lower price shares though as I continue to accumulate.
Sorry to the rest who enjoyed some diff perspective on the blockchain, and other areas of my expertise.
GL to all the traders out there. Longs... I'll see you in a few months when things really heat up IMO.
$TXTM
How many employees are needed to wait on a pending license application? I'll wait.
I think that is pretty obvious. Which is why it didn't come down from TXTM itself. Why our share price is where it is, and why people keep harping the company is fake news, ect.
That was a misstep for sure. But will it effect the long term viability of the product?
Why rush any of this. We should care about the product and it's integrity. To me, if they are still on track. IMO This silence means that the advisors they reached out to put some new ideas on the table that may have needed vetting.
Oh, and sector momentum will be no joke for the next 9-10 weeks until the news hype cycle dies down. And make no mistake about it.. We are just weeks away from the media ramp up that will last through July 1 and Canadian legalization.
If you don't believe this. Then sell... But if you believe like I do, and have patience... We continue to load for future gains. Which, if the product comes to market with some success.. I see this company easily 100x from here if not 1000x under very favorable outcomes. I take shots at these companies even though you have plenty of reason to doubt the outcome, why? Because the people who make the most money buy others fear. While the wall of worry lets off weak hands, and day traders... Truly smart people with foresight take advantage of those opportunities.
"#CuredbyNature have the best #CBD products in #Europe http://ift.tt/2oBFGdL #Slovenia, #cannabis"
4 hours ago...
https://twitter.com/mygrowspotsa/status/975673479491215360
Nobody has proof of future events. Nostradamus himself couldn't predict penny stocks. How should you or I be able? As clear as day I've said from day 1 this is speculating right now. What I don't think many understand is that the time it will take for speculation to drive this price up. And for that the risk / reward to me is greater to sit in this name and accumulate more shares.
Can we verify the SA government went into the SA facilities of TXTM July 2017 for an inspection of the facilities we will be using to grow medical cannabis? YES.
Can we verify that this company got a government loan to create jobs many years back? YES.
Does it make sense for a company to pursue higher margin products with a novel idea set out in the company charter long before marijuana ever entered the equation? YES
Does this product have premium market potential with it's THC-A / THC-B precursors? Studies have shown that having multiple enzymes from the cannabis / hemp plant increases the effectiveness of the treatment. YES
Has the company made steps to achieving the goals set out from the July 2017 inspection? 2/3 have been. The last piece is the blockchain to have seed to sale management as deemed necessary by the government in South Africa (Last piece of the puzzle is the blockchain / phytocoin)
It makes sense to come to market with a product / website ready to handle the attention. The last thing I want to do is come to market with a half ready product. Great things take time, chill people.
For people who have been in crypto this is fairly routine. A few months of awareness / gathering advisors and ideas is the normal followed by a funding round, and only then in most cases development starts.
To understand the stock market, or penny stocks is one thing. But to understand what happens with crypto currency and creating new blockchains is another. The best ICO's aren't rushed and have lead times to development. I have a feeling the growprocess CEO, Matt, got ahead of himself. TXTM never put a date on any of these deals. They said they are working hard to close a deal. The guidance from growprocess is / has been off since January. But what leads someone here to believe it's not happening, or failed to meet expectations? Because it's not tangible? Silly to lose faith because of a few months lead time to a product launch.
I've seen the second largest crypto currency in existence go through the idea phase.. They marketed Ethereum long before the ICO started .35 cents a token during it's ICO became worth over 1000 USD at one point and are still valued at $500+ a piece. It took years for ETH to come from an idea to the second largest crypto in existence. Why did it get to be so large? Smart contracts are much more valuable to your every day business than bitcoin will ever be. Where bitcoin is a store of value. Ethereum is a commodity used for fueling smart contracts. Phytocoin will be used as fuel to transfer information around our blockchain pertaining to marijuana laws, regulations, ect.
This idea will turn into a product before the second half of 2018 and make a lot of investors very happy by that time. CBD is the center of attention in marijuana investing circles right now. To have a CBD backed blockchain application could move the company / industry forward while many others struggle to achieve verifiable seed to sale tracking management. This is incredibly important for a pharmaceutical company going forward with the current landscape of the sector and the upcoming changes.
"Why We Should Look Towards Europe Concerning Hemp and CBD"
"Another interesting thing takes place in Slovenia. The Australian pharmaceutical group MGC Pharmaceuticals started to harvest cannabis there. Why is that? Because it also started a cosmetic brand based in Slovenia: MGC Derma. It focuses a lot on R&D and the potential benefits of CBD on the skin. Like Harmony Hemp, it is a trustful source of information because it is not trying to profit from the consumers’ lack of knowledge. It tries to educate them on what could solve their skin disorders."
I missed this piece of Slovenian law during prior DD. Now it makes sense why they will roll Papilo brand into the Slovenian operation. Slovenian law states you can't sell medical cannabis flower. But you can distribute CBD through a wellness product. Papilo / growprocess production / packaging facility qualifies for this production / distribution model. Things start to make sense once you realize the laws in place. Please read this article about Slovenian law and realize what's happening with the growprocess team as it pertains to CBD production.
Takes a lot of time to make sure this is all done right. You don't want to jump into this without proper thought and vetting of your options. Up front costs are significant to a company with a 4 mil valuation. Doing it right the first time is necessary to avoid undue dilution.
https://ministryofhemp.com/blog/europe-hemp-cbd/
Or... Lost the day traders who felt like they were owed a PR at every step of the way. People with insight / patience are still here and someone is accumulating for every share sold, lets not forget.
I have to imagine anyone here constantly complaining has a large position in terms of their portfolio and are bellyaching because the sector as a whole has come down from the California rally Jan 1. A new wave is forming and this is the new base here for a massive PPS / awareness increase coming with Canadian legalization July 1.
Canada will set the standards and be the largest player in the international markets. I could see many players within the country pursuing the blockchain as a way to increase the value around the product. For the end consumer, for recall purposes... The blockchain offers a superior model to track things of importance.
We know the medical director of TW#JF is a part of growspots advisory team. So it doesn't take much speculation to think TW#JF might be interested in the tracking aspect of it's product as they will have many variables from seed to sale. Besides giving your customers a clearer view of the product they are ingesting. You protect yourself and your brand from liability relating to a recall of your product. All of which can be tracked with a platform like Phytocoin.
ICO's need attention to reach funding. Why did $TXTM sister company just retain a PR firm on March 12? They owned 65% and now own 30% once the class D shares transfer to growprocess upon completion of the acquisition.
Interesting.
Could explain why they aren't wasting energy to make videos ect and focusing on the product. Which is possibly the last requirement for a SA license. Once the blockchain is working and can be tested I think you will see a final review from the SA government and a license will be issued shortly after.
Could take many months to get the blockchain aspect working which is why you get a lot of pessimism. Things take time. Look at Canada or any other country with legalization efforts ongoing. Many people are missing that funding for an ICO takes place prior to actual development. Even though it may be months until South Africa comes online IMO. Money will be on TXTM's balance sheet long before production of the blockchain product even starts. Budbo got 35-40 million in exchange for 50% of their currency before they even started to develop their product! How much will TXTM's Phytocoin raise?
I think you will see real momentum from the Phytocoin - European grow side before anything happens in South Africa. This funding / outreach from the ICO will drive a lot of new names to this company as investors in the bigger picture. It's just a matter of been there, done that. This is a crypto trade before it's a marijuana company IMO. Crypto traders love firsts. You get the first CBD backed ICO. And a chance to own the public company behind it? I'd invest in that if I knew about it (as a crypto trader) And the crypto traders will be here soon. Why not get in before the madness ensues?
Good news is the Slovenian grow operation / ICO funds should provide quite the boost to $TXTM PPS and fund both the European / African operations.
Slow down. Don't give yourself to much credit. It was a joke. No troll moves the fundamentals of any stock.
Budbo just sold 50% of it's tokens for roughly 35-40 million.
Budbo currently has a blockchain in development. That the market deemed valuable enough to back it by purchasing 35-40 million USD worth of tokens which have no value other than interaction on its blockchain.
Budbo currently holds the other 50% of coins worth (35-40) million USD they can then sell into the market to further develop it's product in development. You don't own ANY budbo (the company). But it's currencies market cap is currently worth an estimated 75 million USD.
Anyone get the point?
$TXTM and the whole Phyto-coin company is valued at under 4 million USD. Buying TXTM here gives you the company that will be producing / selling tokens into the market for others to buy!! What will $TXTM market cap look like once people realize you can own a piece of the company itself and not just the product being released?
Every Phytocoin sold will be backed by CBD that $TXTM produces. Cash received from Phytocoin sales are going to be used to expand production at a 0 % interest rate... While other companies in the sector are doing these large bought financing deals creating significant dilution to their shareholders... TXTM can issue coins, receive revenue, and use the stocks of CBD for research / sales purposes as they will likely have a % reserve for CBD redemptions and most can be booked as a liability. One which they have to satisfy in it's own product!
"Tiny Lesotho looks to become African staging ground for medical marijuana businesses"
"The opportunity for Lesotho’s economy to become a supplier of medical cannabis and ancillary services to other countries in Africa where medical cannabis laws are in the works – such as Ghana, South Africa, Zambia, Zimbabwe and Swaziland – is “transformative,” industry officials said."
https://mjbizdaily.com/tiny-lesotho-looks-become-african-staging-ground-medical-marijuana-businesses/
Significance of Lesotho? It's a tiny landlocked country located within the South African boarder!
Make no mistake about it. Medical marijuana is coming to South Africa. Patience is required as these things take time to get the legal framework around ect. It's not as easy as some people think to reverse nearly 100 years of prohibition. It's all currently in motion and all one needs to do is look at the landscape around TXTM and what is happening in South Africa currently through its economic revitalisation efforts.
Oh, and don't forget the combined TXTM / groproces company will have a European Operation starting "this spring" where pharma grade CBD will start to be produced.
The sector will once again be back in the spotlight in mid April - July when marijuana investment takes front stage again as Canada comes online with full recreational sales July 1! The whole sector will be back in the spotlight and $TXTM will be coming to market with some pretty incredible opportunity for growth in a industry where they potentially are first to market within a large economic engine like South Africa?
That's why I continue to accumulate and have never sold a single share of TXTM! To me the valuation of the upcoming ICO gives this company a .01 - .02 share price. Aside from the push to a real producing company... The story and subsequent execution will be where all the significant money is made and those with a little foresight will be ready to profit. There are plenty more companies that will go 1000x this year with the current market. I can see a path for TXTM to accomplish something in the 100x range from here giving them a value of around 400 mil. Which. If the CBD production comes online in Slovenia, South African Licence is granted, and the Phytocoin brings success to the company and future business relationships... Then I would say that valuation would easily be in line with its growth prospectus. Until then we speculate...
Appreciate your efforts. Been helping me accumulate more down here. ;)
Tweet from 30 minutes ago!!
Growspotsa (GrowSpot South Africa)
#CuredbyNature have the best #CBD products in #Europe http://ift.tt/2oBFGdL #Slovenia, #cannabis
CuredbyNature is the Papilo brand that may be rolled into TXTM via last PR.
https://twitter.com/mygrowspotsa/status/974599457479118850
Things are picking up in the twitterverse.
Why is growspot so important?
Growspot Advisor board: Chris Murray (Director of medical development at Canopy Growth) Canopy is the largest Canadian marijuana producer!
http://growspot.co/about.html
Growspot has a solid advisory team and established themselves as a major player in international cannabis markets. The South Africa growspot team has just made another reference to the growprocess team currently being acquired by $TXTM!
Big things going on. Keep your eyes and ears out people. So many things are happening around the company. We just haven't got a formal PR to bring it all together. Anyone following the company / twitter can see the interest growspot has in growprocess.
Anyone noticing new material recently on growprocess.co website? I see some things that I didn't recognize from my prior visits. Anyone been paying more attention can verify / deny this?
http://growprocess.co/
Anyone noticing new material on the website today? Might have been up for a while but it looks like things have been added since my last viewing.. Anyone else been paying more attention?
Thanks
http://growprocess.co/