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These aren't toys! I'm on their website now. They're a full service drone company with many fitted with camera equipment that are used in military, police, and they can be used for film business application. Their prices reflect what's on these things and sound ballpark. I just don't get an idea of the revenue at this point, if any.
OK their product line is phenomenal...has no revenue come in yet? Or are they just diluting shares?
It's the entire NASDAQ, if not the market. MJ'S along for the ride. It's the fear factor. People are going to cash. Things will settle down when the news about China and the Saudi issue comes to a head, in my opinion. This sector may recover even by this afternoon when people calm down as it won't be impacted in the same way as the tech stocks.
Checking in...I think the way longs are holding because they believe in the success of this company (go Long Island home grown industries!) and the legalization of hemp for the greater good, CANB should consider treating the longs to an oyster and champagne festival next April (r months are recommended for oyster consumption) as we fly into dollar land. I am grateful the shorts have taken a hike for the interim.
There should be a run with this news! I think the entire market taking a beating is keeping volume down today.
It's good it sits there rather than fall with the rest of the market in turmoil except a couple of mj stocks with small gains. Rather it does this...people are sitting out the market right now waiting for the market to stabilize...we are looking at probably mid November for the legalization of hemp with the farm bill according to news out two days ago. In the meantime, more news from the company would be great. Another US cbd company put out numbers today that showed huge revenues last quarter...as Canb just went on the market a couple of weeks ago and just signed a beverage agreement with isbg, the future looks bright.
Your information is a little confused...the health application of cbd oil made from MJ has to have the high levels of thc removed...THAT is what the health "police" in Canada are referring to so it is rendered safe for medical use...thc is a hallucinogenic chemical. The benefits or cbd oil for medical use are in cannabinoidals. The beauty of hemp is it doesn't have those levels of thc, rendering it safe to produce without going through that extra proces MJ cbd oil goes through. The argument is the cannabinoidals from MJ may be of a higher strength, but the cost of producing it goes up.
Hemp cbd oil is perfectly safe as it has negligible amounts of thc, which is why the DEA has turned its head here in the US at its sale, which one can do on the internet already, even before any legalization of growing industrial hemp in the US.
Sorry I misstated. Both ISBG and coca cola were named in same article in terms of cbd beverages, but CANB did sign the final agreement with isbg last week so that's a go...I'm pretty sure this was the only article and there wasn't another one linking the two as being in any discussion:
https://insiderfinancial.com/coca-cola-marijuana-sector
and today
https://globenewswire.com/news-release/2018/10/17/1622604/0/en/ISBG-Announces-Significant-Expansion-in-Premium-CBD-Product-Offering.html
Farm bill 2nd week November? https://brownfieldagnews.com/news/smith-confident-farm-bill-gets-done-in-lame-duck/
I loaded up today. The NYSE will be some catalyst, it may come tomorrow I'm reading? in any case very soon. It will boost up this stock's pps like nothing we've seen up to now, even with the great run up to legalization and a bounce today. The momentum and volume alone is going to get it into rival territory to those stocks that don't even match the network aurora has.
Holy moly this is great! Thanks for this news, Johnny.
Not only did CANB sign beverage agreement WITH ISBG last week that was mentioned as a contender in talks with coca cola the other day, but I'm checking the US cbd stocks flying up today and one in particular cannot even label their product hemp cbd oil, but derived from hemp, or MHC oil...CANB is REALLY flying under the wire. PEOPLE ARE now starting to look at the US cbd companies in light of the Canadian legalization as the potential of revenue may be even greater here because of the product lacking the THC issue.
Great buying opportunities today nice recovery happening here and in other hemp and mj stocks.
Added starting with 1500 shares! Happy! I really LOVE how the minute I bought back in and the stock is climbing, market watch came out with a "pot stocks are sinking" article about the market open on all the marijuana stocks...I won't use the word that comes to mind for that.
Thank you!
I set aside cash on Friday, recouped my principal investments the other day, and am waiting for the bottom today to reload moving forward. Any guesses what that bottom might be? The stock is still for the short term assessed at 12 to 17 a share. I've been with aurora since it started trading, and I agree with the other comments the behavior of this stock and all the marijuana stocks (hemp also impacted) was simply the catalysts we knew were coming. It's doing just what would be expected it has nothing to do with shorting. I have great hopes for the future of a number of these moving forward. One only has to look at the BILLIONS IN ILLEGAL TRADE of pot over the last 50 years to get a clue as to what it means to finally have legalization, the public that WILL choose to buy it this way, the ability to collect taxes on it, the ability to assure it isn't laced with harmful additives, and the continuing growth of the cbd industry, which many of these companies are also involved in. I am very please we are involved with an industry that will bring pain relief to millions as an alternative to DANGEROUS PAIN MEDICATIONS, another source that guarantees revenues will explode. Anyway, good luck to all of us...I've stuck with aurora dipping way down, moving up, it's all up from here. And to the silly commentary about this company being fake? What planet would someone have to come from to not see the incredible positioning Aurora has achieved for distribution and with a wealth of products. Please.
Wow! P.R. on Coca cola and Canbolia's partner isbg in the beverage industry! THANK YOU!
CANB sgned its deal with beverage company just before weekend and we're waiting on farm bill to pass, which WILL legalize hemp. Meantime, the UK WILL LEGALIZE medical cannainoids (sp?) on November 1, and tomorrow is L day in Canada. We are sitting pretty.
I've been in aurora for quite some time and I can tell you this same commentary comes up every week from somewhere as the company has grown, expanded, and locked in distribution channels. It's nonsense. The same stuff was printed the other day somewhere else about another company that is bigger.
Is this a run??? JUST saw filed 10-k and they are now a reporting sec company! FINALLY!
CANB just signed its beverage deal a couple of days ago, and they and other quality US hemp CBDs are edging up since Friday, especially those with beverage deals. The product is being sold through hundreds of health professionals and pain management professionals across the country, and they've invested in their own equipment and are producing a high quality product. The good stuff just is more expensive. Compared to the price of opioids and other pain meds that some people will be able to replace SAFELY through this company's products, we'll be seeing that continuing uptick in revenues which they've been showing quarter after quarter. The company maintains a low float. We'll be back in the 5s, which we've been hitting with volume the last couple of trading days,
fyi, as you asked, that Oyster fest is the largest annual fair on LI every year, I'm in NYC and from there, people go out to it also from Manhattan it gets way over 200,000 in attendance, so it was an intelligent public relations choice to host CANB there as the company is located in Hicksville, Long Island, making the company a homegrown Long Island company. It would have made the brand very visible to establish brand in our metropolitan area that holds millions of potential consumers. I notice someone posted they tried a sample there and their positive response to their first time trying their hemp cbd 1500.
CANB hasn't had it's "run" yet if you refer to it hitting .11 for a minute. You should be watching what's happening at a certain other US cbd company today that was in holding mode for all this time until it added a beverage sideline about a month ago. This certain stock just hit $14 today and may double by this afternoon...nobody except the very rich can "buy" back in. Like CANB it has a low float and has been under the radar, not even on the breakout board today.
Run not over by a long shot with this low volume. It'll shoot up as people pour in...could go up much higher like the few others that have grabbed the spotlight. Would love to see it settle at a modest 20.
Incredibly undervalued. I would think next week this is the horse that's going to nose toward the front.
CANB just inked its beverage deal yesterday so it's moving. The LOI is now a deal and got the press. What I'm seeing is the US hemp cbd companies that are integrated are moving. Another I hold shot up 40 percent in the last half hour.
This is a run people.
Great news! So the LOI with the beverage company is now an official deal! It is stunning that in three days of this market disaster CANB and a few other CBD companies have been maintaining a holding pattern. Wonder if the big move next week in Canada will be a catalyst for a break out?
TSX dropped from energy and dragged everything down...some of the posts on here make me laugh when you all know it's flying up over 10 plus in a day or two. Maybe even today the way things suddenly reverse. Anyway, buying opportunity we're a week away from legalization in Canada for cri---akes and aurora is still one of the undervalued pot stocks analysts giving it a 30 pps give or take after legalization.
Aurora to uplist to NYSE! Awesome! And by the way, energy dragged the entire tsx down today. Stocks go up and down, even stocks like Aurora that have a ways to go. Certainly, analysts I'm reading value the stock to at least $30 pps post legalization. We're not overvalued by a long shot like a certain stock.
Holding pattern definitely and showing its strength in that regard with the delay of the farm bill...upcoming Canadian legalization catalyst is next week, the farm bill we wait on passage, new revenue reports. And today Aurora is announced it's uplisting to the big board, by the way. CANB remains an attractive entry.
INVESTORS ARE JUMPING ON BOARD THE US HEMP CBD CHUCKWAGON! YEEHAAAAA! Seeing what I'm seeing today? Suddenly, the US hemp cbd stocks are getting a much bigger volume and starting to move, in particular my stocks with product in the market and signed beverage deals, like CANB. So glad I picked up more shares on this last dip. A little p.r. at this juncture would be great! CANB long!!!
Thanks for the DD on the expertise this company has in its management and staffing with producing high quality cbd oil. I am also excited by its LOI with a beverage company. Farm bill passage coming soon! Canb Long!
It's Columbus Day very quiet trading day after all the craziness this past week with the Kavanaugh stuff...plus we're holding somewhat waiting for the farm bill, which will pass with the legalization of hemp...hopefully Trump will push it through in November rather than the end of the year because the impact on the farmers is too stressful to wait. What they didn't do is agree to go back to the old laws, which would have put off legalization, so we're good. Patience.
My limit buy just cleared.
CANB long! I agree the 5000 is overpriced I've seen the equivalent in a few places at around 250. Unless there's something different about theirs than others, which is possible, being sold by companies longer established, they should rethink their price points in general. Their other products are also a little overpriced, but not out of bounds for quality cbd drops, which I understand is a pricey product to create at high quality.
Thanks Sleek! I'm in just picked up 10000 shares.
Just saw an ad on local tv in Manhattan for hearing aids that were state of the art technology selling at 599 a pair...I didn't catch the brand? But it didn't matter...they were saying how great these were for price compared to the small $3000 pairs. Anyone looking up these items after seeing ads like this are going to see Innerscope's items.
Hemp is the excitement all over can't wait to see CANB run! Keep picking up shares at these ridiculous lows. I'm seeing pps pick up in my cbd beverage stocks (And to you...ignore the noise from ahem bot activity in this chatroom...and oh yes there is.) Good luck to canb! And oh yes...I PREFER DROPS!
Cool! I'm a New Yorker and I remember when the city gov't couldn't get their act together to fix our skating rink. Trump got fed up and said he'd get it done in two months. And he did. The thing about him that trumps his big mouth? He hates inefficiency. I never forgot that when I crossed party lines to vote for him. NO REGRETS!