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It's great Canbiola is a NY State company (Hicksville, LI) where the government is incentivized to do all it can to encourage CBD companies.
Did either of you use the drops for sleep or pain or the balm for pain? I tried to get my mom to consider cbd and she's afraid she'll be "hooked" on "marijuana"...hard to get the aged to trust their kids recommending something that may actually help with pain! A company that opened a storefront cbd store here in NYC that I walked into doesn't provide names of directors or their suppliers or anything, so I wouldn't buy their products. I wouldn't worry about Canbiola in that regard and a few of the other companies, but I'm wary of companies that don't post say lab tests, etc. or some reasonable word of mouth.
What I like best about CANB is since it chose its name in May 2017 and embarked its cbd business it's expanded and grown its product lines in a very methodical and creative way, bringing on board people with authoritative knowledge of health and pain management and taking control of production rather than relying on third parties, as well as partnering with Chi farms, an American organic grower of hemp as supplier...this gives product control and an ability to oversee numbers. Feedback on people who have used these products has been really impressive. I have been following a few of these companies since before the formation of Canb, including cvsi, and you can feel the enthusiasm from the company, and witness their transparency in all information online, on the phone, and from those who've dropped by their headquarters on Long Island. It gives me confidence to not only invest in them, but in the products themselves.
Why buyers continue to pile in? Because people have been buying the products and love them. I think that's the thing. There are only a few of these little cbd companies on the otc that have established a reputation already for their products that are still in subpenny land this is one of them. So people are willing to risk.
Very low volume now picked up more shares on this morning dip. Yay! Will check in later...have a great day! CANB long!
Considering the soaring of some mid-sized cbd companies today, both Canadian and American, on rather amazing earnings reports, I think you're right that we'll continue to see steady positive growth. Exciting to see what this week brings.
Great company. Transparent business practices, accessibility to investors as news develops, solid board of directors and CEO, solid MEDICAL conultants, increasing revenue, growing product line, expanding distribution, sourcing American organic hemp through Chi farms since legalization, buyout of the manufacturing plant and company producing the oil, lab tests of every product they produce is on their website 99.9 percent pure...company founded as Canbiola in 2017 has shown solid growth...Ignore the noise and do your own due diligence because there have been names erroneously posted as associated with the company...just look up who runs the company, now and historically for the real information...and this is not a shell company...it has product selling through many sources online and off already and quickly increasing revenues...it's headquartered on Long Island, Hicksville in fact despite more erroneous info posted in here in that regard. Chi farms is already growing in multiple states. The plant that was just bought is on the West Coast. It appears there are an angry few who didn't buy in when the company was lifting off this fall. However, we are talking nickels and dimes when you can still buy in while the company is under a dime. And by the way, as I come from a medical family, a CEO manages...in this case that he's in the Hemp derived cbd business, the medical professionals know the details...and all detailed information has always been posted on the website including every single lab test down to the minutiae...the speculative drama playing out in here in that regard is nonsense. CANB LONG!
Most of us in here are longs don't know what you're talking about...people have been buying in here since the 2s, 3s, 4s, through all that volatility the past year and a half anyone can look at a chart and see how it's climbing...the company only got its name in May 2017, and it's been steadily climbing since the legalization of hemp in September from the 3s and 4s with the setback we all had from the Christmas crash of the market. If people bought today good for them...now they can be patient as it rises (and that means it falls back sometimes like all normal stocks) into dollarland, which doesn't happen overnight, and this stock is right now representative of the best of the otc as far as movement and solid growth...anything under 10 cents is still a great buy and probably beyond that let's see where it goes...this company has had increasing revenues, increasing distribution, increasing product line, it bought out the manufacturing company producing the oil and has had every product tested for its 99 percent purity (Pure Leaf) and has given us those numbers,is now supplied with hemp grown by an American organic hemp grower, and just created another subsidiary named Duramed a DAY ago announced, has a great board of directors, and has stayed in communication with its investors.
Nice sober rise...not worried if it breaks .085 or not today it's doing just fine.
Love the slow steady climb as Canbiola rolls out its products and reach and its revenues climb. Their sober business practices are very welcome in this sector. CANB LONG!!!!
ACB long anyone not buying in at these prices is going to regret it, especially on a dip from news such as this. I've been one of the idiots who've sold for measly profits in the past, but there's no doubt since the farm bill passed in the US, the legalization of recreational pot in Canada, Aurora is poised to keep up with its big sisters and big brother stocks that are seriously starting to move as the public awareness of these PRODUCTS sinks in.
CANB's upside is enormous. CANB wasn't even selling cbd in 2017, talking about comparative. They didn't even coin the name Canbiola until May 2017.
Bought another 50,000 today myself. I really think when this reaches ten cents in the next week or two these penny days will be no more. CANB long.
Cool that you went by! I considered going by the Oyster Fest when they debuted their products with a booth this year...that Oyster fest created a stir in here because people don't know LI and that it's the largest festival on Long Island with I think close to a hundred thousand people showing up (many coming in from Manhattan) and showcasing businesses on Long Island. Well anyway it should be interesting to see what happens with these cbd stocks when the volume picks up I believe the governor is addressing the state about cbd at 2 today in regard to the news a mega Canadian is coming into the state with 150 million.
Call the CEO and ask. In the meantime it's available online and through their hundreds of health professionals (including in the NY area look at their list) but it would be nice to see it in the mom and pop stores here as their distribution expands. Considering product only appeared in August or September in that manner, the expansion has already been phenomenal. It's great to see New Yorkers supporting a New York company...they're out in Hicksville.
Great news. Never so happy as seeing a dip today after everything coming out on CBD in NY State this week and visiting a major health food store on the Upper West Side this weekend that is carrying a lot of familiar names on CBD products prominently displayed as you walk in.
Hemp/marijuana, both cannabis species. Lab tests of all Canbiola products, all hemp derived and now legally sourced in the US through the farm bill, are found here. Shi farms runs a few farms in a few states growing hundreds and hundreds of acres of hemp.
Thank you for new info so appreciated. CANB very long. Amazing company and it is doing everything right at the right time. Cannabis sector is golden right now. Here and in Canada.
Great pics! Rally in hemp and pot stocks today...we just shot up into 6s...CANB has been holding between high 5s and 6s. Maybe we're moving up today? I like. CANB long.
Thank you for your helpful info.
We've got angry people on here who missed the earlier rallies. Ignore the noise. CANB is soon going to release revenue figures and other news it's doing just what it's supposed to do, climbing and consolidating. It's been a solid player so far and is about to enter larger selling markets and expand distribution. And that's great.
Sir, I just posted the 10-K history with Pure. Your statement is off the rails. This is the legitimate acquisition of the company they entered into originally as their supplier in 2017 with an option to later purchase. They now own all products and their Seattle facility.
Wrong. CBD refers to CANNABIS oil and the confusion is HEMP AND MARIJUANA ARE BOTH CANNABIS PLANTS. The oil made FROM EITHER IS CBD OIL. cbd oil made from MARIJUANA CANNOT BE SOLD UNTIL THE THC IS EXTRACTED. cbd made from hemp can BE SOLD AS PURE HEMP. You can twist the information any way you want to, we just had a bill passed by our president that makes HEMP cbd oil 100 percent legal and we can now GROW IT HERE in the US legally so we NO LONGER HAVE TO IMPORT it. Here is one source: "CBD is CBD, whether from marijuana or hemp. ... However, marijuana is usually very low in other non-psychoactive cannabinoids, such as CBD and CBG, making hemp the preferable option. Here's why. CBD comes from Cannabis sativa L, an annual herbaceous flowering plant."
Pure Health, you all should be happy to know, is the company that had been in an exclusive manufacturing agreement for CBD and sales prior with the agreement to buy it in the future as a possibility you all should be happy to know. I found this in public records on their form 10-K for fiscal year ending 2017...
"In order to facilitate its operations, the Company has entered into a Production Agreement with Pure Health Products, LLC (“PHP”), a New York limited liability company. Pursuant to the Production Agreement, PHP will manufacture, package, and sell the Company’s CBD infused products on an exclusive basis. PHP will not produce or manufacture any product containing any cannabis or hemp derivative for any person or entity other than the Company, and the Company controls the ingredients, recipe, manufacturing processes and procedures and quality and taste parameters for all Products produced at the PHP facility. PHP may also white label / rebrand or relabel the products on the Company’s behalf pursuant to “white label agreements” entered into between the Company and third-party customers. Credit card sales are processed through PHP as well. Through its contractual relationship with PHP, the Company is able to control the manufacturing process of its products while reducing its production costs. In addition, the Company has the option to acquire certain assets of PHP should it elect to take over direct manufacture of its Products. For the year ended December 31, 2017, purchase of CBD infused products from PHP totaled $19,095.
At December 31, 2017, we have a note receivable from PHP in the amount of $75,000. PHP is controlled by Pasquale Ferro. At December 31, 2017, we are indebted to Mr. Ferro and his wife Rosemary Ferro in the amount of $93,500.
The Company considers Pure Health products to be a variable interest entity as prescribed under Accounting guidelines. Due to the fact that the company is not dependent on Pure Health Products solely for manufacture, no consolidation of Pure Heath Products financial information is required."
You are completely wrong, sir. Aren't you aware of the difference between hemp and marijuana? It isn't necessary to say anything but pure on hemp oil. Its levels are negligible it's a different member of the cannabis family. They have to remove thc in oil made from marijuana plants. This is the reason HEMP WAS JUST LEGALIZED IN THE FARM BILL, as it had been unfairly thrown in with marijuana as a cannibis plant, but in fact it was always 100 percent safe for use.
Anyone selling right now and not buying is a loser. All the pot stocks are down today after a week running. We are waiting on new news coming from CANB. These are buying opportunities. The same jesters that come on here every day trying to trash the stock for g-d knows what reason are here as usual. Ignore them.
Though I am being premature, I've locked up my shares at a dollar because I can't sit here and watch grass grow, but I think CANB at any point can go into a crazy run the minute I walk away these days. I suggest others do the same to be on the safe side. You don't want to be chasing the stock after the fact.
CVSI did the same thing when it started to run. Quicker run-ups followed by drops. I've been following canbiola for quite a while and there is no where to go at this point but up. They have remained thankfully above-board with their info and business. Quite frankly, the companies that ran into snags ran into them because they had bookkeeping issues shall we say that got exposed or were diluting shares in very extreme ways.
FIRST TIME I ever WANTED to see a very red day so I CAN PICK UP MORE SHARES!!!! THANK YOU FOR THE DIP! I think CANB will be hitting ten to 15 cents sooner than anyone thinks. Part of my enthusiasm is I just experienced my first use of a CBD elixier to help sleep the other night...what a miracle.
Good move. The directors are prepared to risk for the company...confidence in its success I'd say.
I don't understand why this company with its amazing products keeps dropping? All the Canadians are surging today, certain American hemp stocks are at least holding their pps while we wait for the New Year, but POTN with so much potential hasn't even hit a bottom??? And the volume is at 6 million right now??? What are people doing just watching? The difference I see is there is NO PR BY THE OWNERS...DON'T THEY CARE ABOUT THEIR SHAREHOLDERS??? THAT'S the only difference I see, seriously...and I've been with POTN for a long time...I'm getting a little teed off.
It's undervalued. And I do think there will be a bidding negotiation, maybe not a war. Though we may start seeing such among many of the other companies that are down right now.
Um...not quite...did you not see the attempt at a hostile takeover bid to Aphria this morning??? Take it easy people, the market is haywire, Canb is only going to produce extremely increasing business and revenue and the pps will go up it's been pretty much in a holding pattern if anything it's a buy time.
Seems to be consolidating on a low volume...lowering highs and even lows usually indicates the stock will go higher...in other words there's a bottom. And all the cannabis stocks have started to rise in the past hour by the way. This is a wonderful stock with wonderful potential at this price the company just announced they expect very good growth...I have no doubt with the next report we are going to stabilize at the next level between ten and fifty cents.
CANB and Aurora up today in the midst of this American market nightmare. Not too shabby.
Picked up 20000 more shares...as I said, anything under .10 right now is a gift. The entire market is dropping right now, including all the exceptional cbd stocks and there's an uproar in Congress...people need to chill out. Canb is in a great position to show the benefit of the farm bill passed it's so undervalued.
Anything under a dime is a steal right now in my opinion. This is going to break a dollar with the farm bill passage...one new press release or revenue report could trigger it to move fast before the New Year so sideline watching could be an error.
This is not the farm bill this is a last second budget bill to keep the government open. He will be definitely signing the farm bill at the end of this talk.
yw
ISBG is their beverage partner this is their latest news: https://globenewswire.com/news-release/2018/12/20/1670326/0/en/ISBG-Submits-CBD-Trademarks-Works-with-BioPulse-Labs-to-Expand-Distribution-onto-Amazon-com.html