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I'm up 10k or down 10k every 10 minutes with this stock this morning? Hence to say, again I am drinking before noon.
This stock is really showing some balls today with some massive resistance levels. The reason for this yo yo is to shake weak hands.
Go Baby Go =)
Did the same thing before close yesterday holding the line at .68'ish.
Ohhh Mama Ceta, .78(4.84%) pre market.
The .69 and .70 resistance was insane for the last hour today. What a finish. Good first day owning this stock. =)
All on red baby!!
Holy moly the guacamole. Good profit for 1 hour.
Thanks bud, hope it all works out. Company seems legit for a nice move from everything I have read.
Got in at .59 for 100k shares. God help me.
So far Sean has almost been batting 1000% besides being a day off on the halt. I remember in one video he was saying how gross sales will reach 50 mil, then 100 mil, then 200 mil, then 400 mil without much surprise, doubling every year. I'm figuring 2019 will probably bring in 50 mil gross sales. That would mean 2022 400 mil in gross sales by Sean's analogy.
What is the market cap of POTN as of today? I can't get a straight answer online. Every website says something different that I have seen so far. Thank you.
Assimilate.........mmmwwwhhhaaa
I'm really liking Sean's vision of gathering a small piece of everyone's pie, then on top of that selling to some companies the software to run their own stuff. It's like they will have their hand in everyone's cookie jar nickle and dime'ing till revenue gets out of control with so many passive incomes coming in.
I still think if governments contract out Namaste's medicinal platform software that could be extraordinary and massively game changing. Cool part is we all get to watch and see as it happens in real time. Look how much apps/technology are going for these days with very limited overhead.
You got in just in time. Congratulations. Seems the 2.30 area is a sweet spot to accumulate these days for the incoming bump up.
I hear that. I picked quite a bit at 2.28-2.30 couple weeks back. This is the easiest money I have ever made, these past 6 months.
All good..........
This whole good news sideways 2 weeks is nothing more than a shakedown getting rid of dead fing weight. You need balls to make money, grats to the longs.
RE:Post From Yahoo Finance
Species512 wrote: Not mine but sharing it:
"Wow. that conference was unreal! all the big names were there. CEOs presenting from Canopy, abcann, supreme, canntrust, aurora, inmed, doja, sunniva, maricann, weedmd, organigram, hydropothecary, medreleaf, cannaroyalty, greenlane, cronos, aphria, delta9. The 2 large conference rooms were packed. Half the people in the room had to stand in the back. Terry Booth from ACB went on an hour before Sean did and half way through his presentation, randomly, he calls out for Sean in the audience and goes "Is Sean from Namaste in here?, that guy is persistent, he wouldn't give up, finally got a meeting with us and blew us away, he's a smart guy, check them out, theres more we will be doing with these guys" Terry even had a slide on Namaste later on in his presentation when he spoke about partnerships. Sean had 20 mins to present. Some key points... - NamasteMD first telemedicine portal app thats ever been approved in Canada for cannabis - 2500 people completed the application process in the first 4 days of launching the beta - estimated 50,000 customers by the end of 2018 (taken other company 8 years to do) - Sean explains how LPs are starting to realize how valuable the 'data' collected is - 1.5 million customer database internationally - Cannmart/NamasteMD platform will be duplicated in 20 countries eventually beginning with Australia (350,000 customer database already) - Health Canada does not accept a 'tick the box' age verification. This is where Namaste's authenticating tech comes in. - Rec e-commerce will be pursued in those provinces that allow selling online after legalization (i.e. Manitoba) - can turn switch on overnight to be able to sell Rec vs. Med - When U.S. & U.K. goes legal, N already has a database of 500,000 to reach out to instantly - More Supply agreements coming. some from the big 3 and others - NamasteMD iWatch App beta ready for release within 2 months. will record input of effects/moods/feelings of different strains (A.I./machine learning) - again very valuable data to give back to the respective LP regarding how different strains are perceived. - Putting together a technical advisory team. Sean says, "I promise you, the advisory team that we are putting together has names that this industry has not seen yet from a technology level" - NamasteMD appointments so full, that that is their number one focus to ramp up that side of the business - a recurring customer will be ordering avg $1800/yr cannabis x 1.5M customers internationally = 2.7B/year revenue - referral agreements with LP's; Namaste gets 20% of revenue on cannabis - N is closest LP to the GTA. duration from clicking on NamasteMD application to cannabis door delivery in Toronto is within 4 hours. No other LP can do that the process, it takes weeks with others. At the end of the presentation Sean leaves the audience with the whole AirBnB/Uber reference he always uses. He then almost did a mic drop and walked off stage. Ok almost. I hung out with Sean, Chad, and the boys from Ireland afterwards for a bit. I asked a few questions and they explained... - The technology that they licence to others are things like ID authentication, image scanning software, etc. They keep the real goodstuff to themselves as we will see in the future. - TSXV uplift is still a ways away - they'd go quiet when I'd mention it, so don't count on it any time soon - Chad was frustrated with how little cannabis investors understand tech, I mentioned how the crowd was mostly older males (50+) and how I scanned the room when Sean mentioned the AirBnB/Uber reference and I immediately started to see heads nod like a light bulb had gone off for them. - They have not released any PR on the apps because they are still in Beta and are updating constantly. - The Aurora App had nothing to do with N. It is not allowed on the App Store because any e-commerce app has to use Apple Pay and apple will not get involved in cannabis transactions. They distribute the app from their website instead. - Cannmart will be a web-based mobile skinned site that looks just like an app I'm sure I've missed a few things but thats the gist of it. The amount of questions and interest after his presentation was awesome. It was like they'd just been awoken to something completely new and revolutionary. Which I guess is the case. It was an awesome experience to say the least and I can't wait to run into these guys again in a years time at the next one and see how far we've come."
I have been following this stock somewhat past couple months and thinking of pulling the trigger if it dips hard again. Where do you see Emerald Health end of year and into 2020? Thanks.....
This! =)
That is 6 oz's of weed per year. That is exactly what I average. About an oz of weed every 2 months and I am a casual daily smoker. My buds average easily an oz a month. I have met people in chronic pain that smoke 2 oz's a month quite often.
A lot of my friends smokes an oz of weed or more a month. So 28-40 grams a month.
Monolith at Namaste being 5 dollars I think the market cap is fine at 50 mil in gross sales a year. Compared to the ridiculous other market caps in multiple billions we would look fantastic at 50 mil a year gross sales for starters at 5 dollar SP>
I guess it depends on how much we are trying to sell it for. I see your numbers are based on 8-10 dollars a gram which seems to be the fair opening rate. Buying at 6 dollars a gram really doesn't leave big margins tbh. Looking at a minimum 60-75% cost selling the weed for 8-10 dollars a gram. At 12 dollars a gram average the numbers seems to be decent at 50% profit. Should be interesting to see how much people will pay for their weed from Namaste. Nevertheless very exciting stuff.
That is a minimum order of 6 million dollars worth of weed. Ha, what a first annual order.
https://www.cnbc.com/2018/01/24/us-cannabis-companies-look-to-canada-when-going-public.html
"This is the United States' industry to lose," Dayton said. "Because of the federal-state conflict we have here, countries like Canada, Germany, Brazil, Israel have a unique opportunity to take this industry from the U.S."
The quote is with reference to LP's and how growers in the US can't compete (can't raise capital nor can they expand/export globally, so some, like MedMen will run to the CSE soon)....but for those of you familiar with Namaste's last year, these are all countries that Namaste has worked hard at to get a strong foothold in or find partners in, because politically, opportunities should pop up sooner than later for businesses. We can add Australia (government is in a rush to move medical MJ industry along) and the UK even to the mix mentioned, they will progress quicker then the US, at least Federally.
Namaste has their hubs in certain countries for a reason and why money has been spent on High Quality Customer Service has been important (keeping operating expenses higher then what most Investors want, will prove fruitful years from now). Everyone wants to see a profit now, sure, it might just come this next quarter, but making a few thousand dollars profit in the early years, even tens of thousands of dollars profit today isn't really going to change things or matter long term, once they get rolling and develop a stellar international reputation - as someone's First Site to visit online - for all things Cannabis. They will also become a business/website that everyone will know and talk about. The Namazon reference was on the mark and it might actually catch on across Canada, then perhaps even Globally.
The countries mentioned at the end of that article are likely where CannMart/NamasteMD could move to next. I know it's not going to happen this year, but 3-5 years from now, they could be in Australia, Germany, Brazil, Israel, Mexico, Chile and the UK. Success in Canada prior to and after rec use legalizes this summer/fall will help build a strong case, a blueprint, to present to foreign governments/partners, to move the platform to other medical-use marijuana supported/legal countries. It's only a matter of time before Namaste brings these countries together and creates a platform for ALL people (with medical use as the Starting Point across the board), one-stop shopping for all-things cannabis. Everyone will be free to buy strains/products from each other (first-mover Nations) and Namaste is how it will all happen. We are already starting to see this as Namaste has signed two partnership deals with two Israeli growers, to import their strains for the Canadian consumer, in addition to Canadian LP products. Also, Aurora has already announced plans to expand into Germany and Italy most recently. There are other examples.
I predict Australia and Brazil as the first expansion destinations as Namaste bought out those two nation's biggest online vape retailer this past year....that's gotta account for something, something more then just selling a few more vapes?
Namaste's potential right now is impossible to predict. As is the whole MJ industry in Canada. Make no mistake about it, NamasteMD/CannMart will garner media attention once it roles out. CannMart has UNBELIEVABLE potential. Think a few years down the road, it will be so much more then just Vapes/Cannabis. They have partnerships forming with ISOL and VIDA, for instance (for the inevitable boom of CBD products), many many many others soon to follow, as I'm sure many of you have already heard. These partnershipa will bring together everything possible, under THC and CBD-related products.
Personally, I can't wait until Namaste signs a deal with the Tinley Beverage Company (TNY). Edibles/Beverages will be legal in Canada sooner then July 2019 I would imagine and medicating through a liquid seems the obvious, easiest way. No doubt this can be approved through prescription i'm sure. It will do AMAZINGLY well. There's a reason why Constellation Brands (Fortune 500 company) bought nearly 10% interest in Canopy Growth.
Tinley is about to bottle and distribute (for California only, to start, where their product will be medically AND recreationally available) beverages that mimick the alcohol flavours that people already know, and know how to mix to enjoy more so, and it will boast THC content for those looking to "medicate" with ZERO alcohol. There's NO other product like this on the market. You receive all of the benefits from THC consumption, and you can achieve this through enjoying your favourite alcoholic drink combinations yet because there's no alcohol, just the mimicked flavour, you will never suffer from a hangover the next morning. The product concept will go well beyond the medicinal-use customer and hit mainstream users (recreational) very very quickly.
It's perfect for Namaste and their CannMart site, offering a unique twist to all of the medical use clientele wanting an alternative and perhaps more enjoyable way, to consume cannabis, to alleviate pain. I hope you're reading this post Mr Dollinger, get in touch with Mr Maser over at Tinley and get something done!
Tinley has CBD and THC-related products right now, and they'll have more. They'll add to their line-up and I believe a partnership between the two companies down the line (perhaps once edibles/bevies are legal in Canada) will make a lot of sense, for both, and it will further expand Namaste's online product line up, re-inforcing their goal, of having for sale Every THC/CBD Product Under the Sun available, for their clientele, and all of the possible ways to consume/medicate, all of it covered.
Wow, holy moly that was must watch tv right there. My God they absolutely murdered that podcast and I watch podcasts daily. Holy shit we gonna be rich someday......... Honey, go get me the blue blazer, we going out tonight =)
Considering that we opened at 2.53 this Monday(1/21) and closed 12 days ago Friday(1/12) at 2.12 I would say we are looking pretty dam good as of late and have came back from a big ole bounce. Remember this hitting 1.89'ish only just 9-10 days ago?
2.48 sounds a heck of a lot better than 1.89. We also are only down 5 cents this week. We also have 4:20 stream incoming which...holy sh*t I am excited to see. Should make for an interesting Thursday and Friday.
Any OVER/UNDER on Sean saying the phrase "Game Changer or Game Changing)? I'll say 3.
Seems like everyone is gathering and positioning in before the big launch. The next 9 days should be very interesting.
Set to run right now to 2.98?
I do not see 2.56. Good luck though.
From what I remember Sean said 10 days after they get the ok..........which they got today. Good stuff.
Some Celebration music for us all. CONGRATS to all........=)
He said 10 days and it would be finalized in one of his videos.
Grats to all the longs that stuck it through. 2018 starting off with a bang.
I told approximately 20 people, 2 got in, 1 got out shortly after. So 1/20 people. Around 95% of the people I told did nothing.