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Does feel like a peak in the selling today. RSI is in the sub 30 oversold dumps.
Canada gw. Too few stores, not enough weed. The online order delivery performance is not bad at all considering how the rest of the national roll out has been.
I just hope N doesn't run out of weed to sell. Revenue climbing.
Let's hope the pace continues. Looking at those store lines, I'd much rather wait 3-5 hours for my weed at home.
Buy Supreme for a double article.
https://www.cantechletter.com/2018/09/buy-supreme-cannabis-for-a-double-pi-financial-says/
Up on the revenue board now. (link)
https://www.newcannabisventures.com/cannabis-company-revenue-ranking/
Schwab showing, same for me for Fid/TDA.
Decent chance this will lead to a NASDAQ listing in the not so distant future...more fuel for the fire.
https://shortdata.ca/largest-short-positions/
You bet. I'm smiling ear to ear.
Yep, like to see Left get financially hurt on this one. :)
What a day! I think I'll have a coke.
Anyone else thinking dip before rip?
Shared it since 2014. The two people who listened and acted are very happy.
Am I missing something or does one say 2018 and the other 2019?
http://www.supreme.ca/news/press-
release-details/2018/Supreme-Cannabis-to-Double-Annual-Production/default.aspx
"Total completion of growing rooms at the 342,000-square foot 7ACRES facility is on schedule for completion in December 2018."
https://www.southwesternontario.ca/news-story/8798066-weed-for-sale-inside-one-of-canada-s-premium-marijuana-production-facilities/#.W2NqUckK1O0.twitter
"7ACRES production manager Rebecca Phillips says they’ve just doubled production from 5,000 kilograms to 10,000 kilograms annually. Over the course of the next year, they’ll open more rooms every two months until that number leaps to 50,000 kilograms of premium marijuana ready for distribution."
“Once we have our construction finished in 2019, we’ll be up to full staff and looking to do a lot of hiring over the next three to four months,” she said, adding there’s about 200 employees currently."
Spectacular. Thank you for posting.
The objective is to increase the share price to move to NASDAQ. The objective of many other reverse splits that I have endured has been more sinister. This is actually the first rsplit of this nature for me.
The number of shares available at that point would be roughly 1/5 and on a major exchange. Sounds like a nice recipe for a stock with some explosive potential.
Planning to ignore the volatility.
Oh yeah, and they still need to announce the ground breaking on the additional ultra premium facility this "summer". Another 15k kg at an even better price point.
Seasonality is my thought. Guessing 1-3 more weeks under the 50 Weekly MA and then a shift.
Germany restarted the application process to grow medical cannabis in the country, but the amount it is calling for remains well short of anticipated demand in the coming years.
https://mjbizdaily.com/germany-restarts-bids-for-medical-marijuana-growers-wont-meet-national-demand/
The fool, canntrust vs supreme.
https://www.fool.com/investing/2018/07/15/better-marijuana-stock-canntrust-holdings-vs-supre.aspx
Fowler interview link.
Big money tests Canadian marijuana stocksm article
https://www.nhregister.com/business/article/Big-money-tests-Canadian-marijuana-stocks-13076467.php
Welcome to Supreme. That was the second PR in one day for a company that is generally very quiet for weeks on end.
https://ryghub.com/2018/07/12/july-12th-cannabis-daily-recap/
"Namaste Technologies’ (CVE: N) Ceo Sean Dollinger was on BNN yesterday. There was 2 main point in the interview 1) he explains the deal IcMD deal which gives them access a population of over 1.5 million people, if they can convert 10% of that to Namaste MD and they spend 1000$ a year that’s a potential revenue of $150 million a year, and those are very conservative numbers. 2) Cannmart’s inspection from Health Canada is expected within the next couple weeks, therefore sell licence should follow afterwards, let’s all hope its just before the Namaste party, so that gives a huge reason to party. Unfortunately today from yesterdays namaste 420 and Sean’s Bnn interview the share price just traded side ways."
I had 5% conversion in the back of my mind, but I'll take 10%. My per $ year thought was much higher, especially if health insurance covers the medical bill. Either way, Sean's numbers feel conservative compared to my guesstimates. Would be a nice contribution to Namaste EBITA.
https://www.canada.ca/en/health-canada/services/drugs-medication/cannabis/licensed-producers/market-data.html
Search for "client data", Average grams per day per patient, 0.75, it's just an old data point that was on a decline from 2016-2017. This is only one way they intend to grow...
More press with a nice PT.
https://mjbizdaily.com/marijuana-firm-sunniva-spin-off-canadian-assets/
Grossly underestimated for all sales estimates.
http://www.4-traders.com/SUPREME-CANNABIS-COMPANY-39165749/financials/
Expecting that we'll be on this list and climbing as the year progresses. :)
https://www.newcannabisventures.com/cannabis-company-revenue-ranking/
I think it's more than a double, but article...
https://www.cantechletter.com/2018/07/sunniva-is-a-double-beacon-securities-says/
News out. NASDAQ/TSX may be in our future. :)
https://www.sunniva.com/sunniva-inc-to-spin-out-its-canadian-assets-and-list-on-tsx-and-nasdaq/
And a nod from small cap power.
https://smallcappower.com/top-stories/canadian-marijuana-stocks-the-best/