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A distribution deal legal after the bill signing??? CANB is one of the few cannabis company that already inked a deal with a beverage company. About 15 minutes!!!!
CANB and other hemp stocks waiting for this while whole market is in freefall so this should be interesting. 45 minutes to go.
Link to 2:30 bill signing watch it live: https://thehill.com/video/administration/422285-watch-live-trump-participates-in-signing-ceremony-for-the-agriculture
Picking up more shares on this dip look at the volume.
It's holding at .099 I SORT OF CAN'T BELIEVE IT! It really is going to go higher tomorrow! I'M IN SHOCK as a long that it finally is maintaining these levels rising higher every day. WEEEEE
Word is out. Not even power hour yet.
You can already buy CANB product from retail stores, chiropractor offices, pain management pros...they have hundreds of sites already set up you can locate on their website or buy direct online. The farm bill legalizes hemp and the sale of products made from it so it can achieve that greater penetration into any market it chooses. It will no longer be considered a controlled substance, though marijuana will continue to be. Canbiola has already "penetrated" in the same manner possible as the few other quality cbd companies have done online like your aforementioned competitor that established sooner and is in the 4 dollar range only because the CEO had an issue come up that stopped that company's momentum. There are other companies focused on opening dispensaries and the costs of doing so. The companies taking off right now are the ones already producing an accessible quality product 99.9 percent pure. CANB happens to have low float, increasing revenue quarter after quarter, accessible product they have equipment and are producing themselves, and a deal already with a beverage branding firm ISBG in place. Their financials are in order.
WOOHOO BLOOMBERG ARTICLE ON HEMP POSTED 2 HOURS AGO: https://www.bloomberg.com/news/articles/2018-12-19/trendy-hemp-compound-cbd-set-for-big-boost-from-u-s-farm-bill
Signing of Farm Bill expected tomorrow: https://www.rollcall.com/news/policy/trump-sign-farm-bill-minus-food-stamp-changes
Number 10 on breakout board and the most credible cbd company gaining like this. I would bet it will break above .10 today as it did during the last breakout when we thought the farm bill was going through and it hit almost .15 in one day and then the farm bill got put off so we never knew how high it would go, but having seen this with cvsi, hitting highs every 3 days and then a little drawback and then surging higher, it seems to be holding its levels in the same way finally.
Yes you were right...for some reason I was thinking it would shoot up today because he'd be signing tomorrow but the consensus is HE WILL likely sign it into law Thursday. GOOD TIMES!
Yes. Everyone is waiting for his signature. IT ISN'T ALREADY PASSED. When POTUS SIGNS IT INTO LAW, it is law. YOU MAY not know that if you're not American. He could do anything. He could put it off, he could veto it. We can't assume anything after all this time. His signature is what makes it final.
If you didn't buy in today JUST IMAGINE how you'll feel tomorrow! Good luck everyone!
No way...last time it hit .12 - .14 in a real run, with only the upbeat news that the farm bill would include hemp. When the farm bill got put off indefinitely it sank back to the .04s again.
Buying more shares today...I think their story and product put them in a good place today with the hemp bill passage.
Seems that way...climbing in the same steady way.
It's fantastic! We're all aware of the hemp-based oil CANB uses it's 99.9 percent pure it's NOT derived from marijuana, a sister varietal, which involves an extra step to remove thc, and ALL such hemp has been imported up until now...but CANB already invested in its own equipment for creating this oil and bottling it...the bill passing means hemp can be grown in the USA! CANB along with a few other established hemp based oil companies in the US are all poised to gain enormously from stateside hemp and the removal of all issues growing it that were impacted by the 1938 marijuana bill when industrial hemp was unfortunately included as a controlled substance. We've all been waiting for this...there's nothing mentioned we aren't aware of and you've been on this thread for months I believe I would think you'd know all of this already...it's just being repeated for the public in news articles. Plus CANB has already set up a network with hundreds into thousands of pain manaagement professionals already using the product.
Patience pays off...we've been waiting so long for this farm bill to get past the senate, the Congress, and now we wait for the presidential signature this week. And CANB is doing great adding in new products at just this time as well.
Buying more on this dip.
Senate passed the farm bill with its hemp legalization! Vote 87-13!!! On to the House!
Came home to see the great news with the senate approval of farm bill...history in the making! Hemp to be legalized after 80 years once this process is done!
FARM BILL WOOHOOOOOO under the WIRE IS ALL I CAN SAY! THIS IS ONE INTERESTING WEEK FOR CANB after all this waiting on this nice solid CBD play.
FARM LINE TIMELINE POSTED FOUR HOURS AGO: https://www.kcrg.com/content/news/Farm-bill-filed-next-week-502150091.html
AND THIS: https://www.forbes.com/sites/megykarydes/2018/12/05/the-farm-bills-winners-and-losers/#21a44445277e
Well well well...movin' on up on the brink of historic farm bill, eh?
Farm bill passage could be two weeks to a month away. Canbiola just partnered with VaPE for manufacturing a few days ago and ISBG for beverages. Similar penny US CBD companies are trading at 5 to 6 times the current pps and are showing millions in revenue already. No worries here.
The farm bill will pass...the people working on it from both sides are eager for it to as is the president. There's more involved here than hemp...nobody wants to hold up legislation impacting the vast number of farms and constituents its impacting not doing so, even if it means putting off demand of work from SNAP recipients who are able. And hemp is already passed. It will pass during the lame duck session. Anyone saying it won't with any changeover is speaking absolute nonsense.
The whole market is in the dumps today. And hemp is already voted in the farm bill it won't go away...the farm bill should be passed during the lame duck session that will occur between elections and end of year, probably sooner.
May be by end of day people are cautious coming back into the market...may not see these prices again in any case...congratulations aany who bought on dip.
Another catalyst? A beverage cbd play, that's also been around quite awhile, is snapping back up as the market stabilizes...it's showing there's confidence in the US hemp stocks. And CANB signed its beverage agreement with ISBG just a week ago. I too picked up another 10 grand in shares just before.
Actually, there is a catalyst today, besides the Vate agreement signed yesterday when the market was still falling. A competitor cbd oil stock that has been out there for a few years in limbo is flying up today in the pennies and all the Canadians are moving up now. There was a big forum of pot/hemp companies the other day that got a lot of press and the consensus is there's going to be a huge upside sticking with these stocks. I picked up more on this dip today. No worries here.
CANB signed a deal with VATE yesterday! A beverage deal with ISBG last week, a company that approached them! People who have tried the oil say it's superb. This is the hottest little hemp stock out there. It just went on the market with its products a few weeks ago online and has already established hundreds of distribution partners through pain management professionals...we're in a dive today with the market, and are just now starting to recover...CANB is doing great! Onward to hemp legalization, which may happen during the lame duck session of Congress to occure between the election period and the end of the year...those close to it think it will happen sooner than later.
I'm buying as it goes down, but this is the worst day for aurora to join the NYSE when the big news is the entire market is sinking with some of the biggies financials in...it took away from the story here...but the big MJ stocks will roar back and I'm certainly not worried about aurora. The money is pouring in.
CANB PARTNERS with ISBG FOR BEVERAGES, and VATE as of A SIGNED AGREEMENT today! CANB IS THE little company that CAN! B!
We close in the green today I'll bet...between this deal and the beverage agreement signed with isbg, both that set up distribution beyond the pain management offices that already count in the hundreds, and their online sales, It is laughable the efforts to downplay this company today just to grab up cheaper shares. Revenue increasing quarter after quarter.
Tremendous! I had been considering elev8 as a sure investment...this is mind boggling! I'm a Canb long!
farm bill expected to be done mid-November...relax...and think of the beauty of the first balance sheet with the products out there through online and hundreds of health professionals.
uplist is Tuesday. It's the entire cannabis sector.
Anddddd looky...THE BOUNCE!...Brit, I was referring to the general unease here in the states with our trade agreement with China and the current issue with Saudi Arabia unresolved that may impact the US relationship with them, impacting things like oil and our military...the point is none of this has anything to do with MJ stocks, but the market in general has been roiling over these other issues.
They go up together, they go down together, no need to sweat that. The bigger question is, what's the bottom going to be? I can feel millions waiting to buy in before the weekend when it happens...I've been on this rollercoaster with aurora quite a long time now and am anticipating picking up more shares, perhaps today?