Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nice to see 2 Ignite products on OCS.
Now it would be good to see vape cartridges. It would be nice to see a larger selection of sku's.
Alberta has 19. Ontario is the largest market. Every province seems to have it's own little political clic that must be broken into.
Vapes are now on Alberta site. Ignite products are just about fully stocked.
Cannmart is sitting with 16 flower. Seven vapes.
BC site is getting down. Products are selling out. It will be interesting to see how quickly restock happens.
This order is stated to be 2 new flavors. Phyto is already producing 4 flavors.
I got confirmation from IR that Mezzero is a Cannmart brand.
This brand is showing up in all five provinces that we sell to. It's products are supplied by the multitude of small suppliers that Cannmart has.
A supply chain that is producing high quality and is continually growing.
Those stores buy it through their provincial supplier who is getting it through Cannmart.
The point is that Mezzero seems to be a brand exclusively through Cannmart. They are using product from a variety of their craft suppliers and selling it under Mezzero.
You would think that we would have seen some sort of company release telling us about this if it truly is exclusive to cannmart.
Mezzero brand.
I have been trying to figure out if Mezzero is all from Cannmart and who supply's it. I have asked Eric to no avail.
I just read some reviews on the products and it seems to be highly thought of.
Those who were reviewing it said that they had given up on trying figure out who the supplier was. They have decided that it comes from a bunch of federally licensed producers who supply through CANNMART.
Mezzero is sold in Alberta, Manatoba, Saskatchewan, and Ontario.
Alberta has the biggest selection.
Not sure why Nam wouldn't give it's shareholders this info.
Has anyone seen a company release on Mezzero?
AGLC
Ignite products are just getting filled. On to go plus we now have 3 Phyto sku's added. The sku always shows up on site then latter it gets stocked.
19 sku's now on AGLC. We worry about the edibles and forget that they are still moving ahead and increasing their product lines.
Cannmart has 15 flower products in stock. All from quality producers.
Don't underestimate what these small growers do for Cannmarts bottom line.
Albert's Craft produces 1.3 mil grams per year.
Fleurish is higher then that.
I wish they could import because their biggest problem seems to be volume of supply. We see products out of stock for too long of a period. Alberta is waiting for the Ignite stock. 5 sku's empty. Cannmart down to one oil.
Meni said 80% of Findify's staff moved over to Namaste. So why are we not running our own platform?
That is a question that I would love to see Meni answer.
Cannmart can't sell anything that isn't from a Canadian licensed producer. On line.
Shopify stopped them from importing oils last year. It is Shopify's rules.
That was at the end of 2018. I have been hear too long.
They will need to be on their own platform if they want to start importing. Which they should be anyway.
The relationship between Nam and Choklat is bizarre. Brad is back ranting on FB. Meni just goes silent and hides from it all.
Brad is after his sales license and I understand why but the speed that the government moves he will be lucky if they get it by December. Guess what Brad, your loan will be due and Nam will own you. But Nam will be happy if you get your sales in place. It will give them a rec license.
They might as well allow cannmart to sell rec online and deliver to client.
Cannmart should put their own metal detector into Choklat. That way Meni can have Cannmarts finished products scanned before shipment.
Find creative ways to get product to market.
Is there anyone who has bought product in Manitoba? Phyto, Wink and Mezzero. Do they come from Cannmart?
Can anyone confirm if we have been moving any product on OCS?
Mezzero and Wink, are they from Cannmart or not? Does anyone know?
Then they allow black market on line sites to function. You can't tell me that they aren't able to shut down on line sites. Some have been in business for years.
The problem for the MJ industry is none other then the Government. The bureaucracy is crushing these companies.
Choklat; If their is such a shortage of edible products why has Brad not found a new client? Why is the product sitting in warehouse?
I think companies are being so overly regulated by the government that they are nervous and extremely cautious about every deal they make. It is like their license is always on the line. You can't afford to make any mistakes.
No
Look at Greenwillows comment.
Alberta said they wouldn't sell chocolate via e-commerce. Mail or courier is a no-no. If they can ship ice-cream I think they can ship chocolate.
Brick and mortar shouldn't be an issue.
He comes out and admits that there is a real shortage of edibles but refuses to explain the issue with Choklat. We have 49% interest in a business with chocolate rotting in a warehouse. Stupidity at it's best.
Personalities conflicts do not belong in business.
Is Meni suggesting that they tried to ship some Chocolate from Choklat? Is he suggesting that the heat is the problem?
How about a refrigerated truck?
This could also attract some of the vape users to Cannmart. Purchase everything at one site. Easy to get medical license.
As far as buying more shares I am done with that. I will keep my base and see where this goes. I am beginning to think that there is a fair amount of investors that are like me. They still think it has potential but won't invest any more.
So there might be real low volume for a while which means that the big boys with have full control of this and will push it much lower.
Another way to cut costs. Nice.
The lack of edibles is a concern for me. Not being able to maintain a consistent stock is also a concern. ( Having to wait until next year for edibles will put this company into the toilet)
Not pushing forward and getting Labs done last year was a big mistake. Cannmart Labs was and still is extremely important for the future of this company.
Investing in Choklat yet not getting their product to market is a massive blunder. They should have done what ever it takes to get that to market.
We will see how the next couple of quarters go and whether Meni and company can manage to find a way to get this company on solid ground.
I give it a 50/50 shot!!
These guys have the potential to have balanced books by the end of 2020. If revs continue to climb and they trim expenses they will be solid.
For me ,I just want to know that they can survive and then grow over the next 3 to 5 years.
1.4 mil into labs equipment.
I think it said they submitted it in July.
Nice to see investment into equipment for Labs.
Phyto cartridges have just been restocked on BC site.
I wonder what the capacity for production is between Phyto and Abastra?
Cannmart has 15 products on the Alberta gov site now. It looks like they are adding the Ignite line. No vapes yet.
Cannmart has 15 products on the Alberta gov site now. It looks like they are adding the Ignite line. No vapes yet.
IR says, no plans to use extension. Financial's should be released on or before July 30th.
Let's hope that they manage that. It would be another sign that they have turned the corner.
So when will Namaste release the news that they will be using the 45 day extension . I really doubt these guys can get their financials out on time. LOL
With all the over delivering that they have been doing I will bet that they need extra time to count all that money.
Nice order of vapes. Phyto but no mention of Ignite. LOL
Good chance that deal won't last long.
I think Namaste needs to create their own brand. Something that they have control of.
Why invest money into a BRAND that may not last. Why pay royalties.
Not sure. I think the news rules say that the facility must be completed before license is given. I would guess it is in process. Now they are at the governments mercy.
End of this to first of next year.
The scale, variety and volume of products would be good for Namaste.
All organic and lots of CBD products in the wind.
Some of these things take time.
I am in no rush. I just want to see a solid path forward.
Agraflora announced the completion of their 51,000 sqr ft edibles plant in Winnipeg. May 15/2020
Will Cannmart soon be carrying a complete line of edibles from Agraflora?
Agraflora,
When you go to their site they still show Namaste as having 25 million gram deal. Per year for five years with Right of refusal.
Agraflora has a big site in Winnipeg that will produce edibles. Gummies, Chocolates and so on. They also have an extraction facility in Ontario. It looks like these facilities are getting close to production.
Dose anyone have more info? Please correct me if I am off base.
They say they will be organic and produce at VERY low cost.
Very low right now.
I think everyone is sitting back and waiting for Q2 results.