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2.66 X .88 (todays exchange) = $2.34 That is what it would have, should have, closed at had there
been a buyer. Very lite volume on the US equivalent. That will change as time goes bye IMO!
It's all good tomorrow it will catch up!
The US, grey, TWMJF does not trade in the same step. Because no shares were bought at the ask at the end of the day. The price stayed the same. Don't worry it's been like this since April. It will catch up tomorrow. Sometimes it works opposite. It's fine.
Based on the renewal news, I don't think the 3.5 million grams includes the NOTL green house.
Just my opinion. I think that the 3.5 is for what is built out in Smith Falls. JMHO!
SMITHS FALLS, ON, Nov. 19, 2014 /CNW/ - Tweed Marijuana Inc. ("Tweed" or "the Company") is pleased to announce that its wholly owned subsidiary Tweed Inc. has successfully renewed its license to cultivate and sell marijuana under the Marihuana for Medical Purposes Regulations (MMPR).
"This is an important next step for our company as we grow into a mature, stable leader in the sector," said Chairman and Co-founder Bruce Linton. "We are proud to tell our customers, our investors and our employees that Tweed and Tweed Farms have met and will continue to meet the rigorous standards in place to ensure they provide only the highest quality medicine possible."
The renewed license allows Tweed to produce up to 3,500 kg of marijuana over the next year, reflecting Tweed's present built-out production capacity. "We have invested in building out production capacity and have more construction to complete in the near term. What Tweed has set out to create speaks to the demand we anticipate in the market both at home and abroad. This renewal will allow us to continue a steady scale up, leveraging and expanding our state-of-the-art facility in Smiths Falls."
While Tweed continues to build further growing rooms in Smiths Falls, Tweed Farms, one of the largest marijuana greenhouses in the world, has been approved to begin another growing cycle this December in a footprint representing approximately 10% of the entire facility. The first crop from the Niagara-on-the-Lake facility will be available for sale through Tweed this December.
Tweed is the third company to announce its license renewal under the MMPR, following the Peace Naturals Project, and Mettrum, which recently announced a license renewal for 650 kg of annual production.
http://www.siliconinvestor.com/readmsg.aspx?msgid=29738764
I recall another bash about the license too but got to go. It's well documented that the TOOL has been hard on TWEED. He is a JOKE!
Chris Parry, scum bucket, should be ashamed of himself for insinuating last month that TWEED would not be getting their license renewed. What a real POS that guy is. I hope no one took that tool serious.
Meanwhile TWEED is plugging away at being No. One in Canada and IMO, the WORLD! Great news and
go TWEED!
Tools, tools and more tools. We all knew it would get this way on this board! At least interest is piquing. Chris Parry is the biggest tool in the shed. He will never get creds from any real TWEED fan!
I'm thinking Monday before the bell for Q3! Super psyched! 1.1 MILLION!! We will see.
Etrade showing a close of 2.52. Down .12 no big deal building the base for the next run.These flippers always sell trying to time the stock. Most of the time the stock will catch them off guard and they either chase it or get mad and don't buy it. They will be the ones 5 years from now bragging how they had 10k shares at 1.90! But oh what a bummer, they sold for a tiny profit!
That's the thing about these boards. If it's not the bashers it's the flippers. Congrats dude. Way to go.
Now go to the next stock please. Why do these people think we longs give a rats ass about thier trades? Funny too as they never tell you about the last loss!
Awesome! I can't find it though S girl? Can you post it ? TIA
Looks like a Bull flag on the chart. I would not be surprised to see a move higher. I think it will
take out the 2.70 and March to the 3.00 level real soon! Yea lot's of new folks in here. That's
a good sign. Go Tweed!
Nice!
I'm sticking with my 1.1 Million!
I hope it does stay in this range for a while to build a new base. I got all the shares I could afford so I don't want it to stay in this range to buy any more. I would just like to see the right shoulder form a little more.
That said, I can also see pent up demand for the shares and with a break over 2.77 with some volume and then I see it moving to the 3.00 range pretty fast. The float is decreasing daily. .30 more cents for my break even point. Still not worried lol. I know in my heart this will be at an all time high by spring 2015. But I'm in for the way long haul so I won't get excited to this hits the Billion Dollar Market Cap at around 25!
I'm sure that is years away but I feel as though we will get there. There are a dozen MMJ companies that are years away from any kind of real revenue let alone profits that are way above a 200K market cap. GWPH is at 1.5 Billion for Pete's sake. Longs will be well rewarded. Looking forward to Q3!
Well you probably have the better approach at a less expectional revenue # for Q3. Even at 500K that's a 100% increase Q over Q. Either way a year or two from now these number will be petty and insignificant! Yet it is very exciting!
Thanks that was very informative!
Wow, maybe I don't know how it works. Krancle could help. I was under the impression that once you were signed up as a patient through a Doctor or nurse than the order size was up to the patient and their pocket books???
Nobody has ANY idea what the size of each of the orders were in Q3. The only clue was when Bruce was asked about the amount of patients and he went into the hot dog eating contest analogy.
This tells me that he was saying the customer orders were few but very large! IMO GL!
First of all you are thinking that there is a correlation to the AMOUNT of orders to the gross revenue.
Listen to what Linton said in the interview after the last report! It's about the SIZE of the order, NOT the amount of orders. Geessh!
I don't think you can go by order count. Linton specifically made an analogy of the hot dog eating contest. Where because supply could not keep up with demand, that the current patients were ordering way more than usual so that they would have the meds in case TWEED ran out. Another words, people over bought. No one here knows the Gross revs. for Q3 but we all know it will
be marginally better than Q2. The headline will be fanastic. This should happen Q after Q for the foreseeable Future. But my guess is 1.1 million for Q3!
He's been on my iggy list since the first week of Apri.
You sound like your bitter against the system more than tweed! don't worry about us. We all know what we are doing it's called DD. There is not a single company in the world that has 100% satisfaction rate. Do you think Apple has even a 90% customer satisfaction rate? Meanwhile they beat Quarter after Q/ And have made a lot of peoples lives better. Now that I think about it. I get frustrated with my iMac almost everyday. I never once went to the Apple message board and complained to the stock holders/ I call your bluff sir, and as far as I'm concerned you are bogus!
Yes I here that. Funny though, I tried to tell them multiple times to give that ship up and get on board with a real cruze liner but it's like they were zombies. Too bad, it could have been good money here in Tweed. Now in the scum bucket CEO's bank account. There were so many who trusted him, it was like Jonestown.
Yes, welcome aboard Riot! Great board, fanatstic Co!
These guys are brilliant ! Loose leaf! Nice plan TWEED! INTODUCING>>>>http://www.tweed.com/blogs/vault
"Nice for oils and edibles"
Profit taking by the traders as to be expected. My expectations are that it trades between 2.40 and 2.80 for a while so it can consolidate. Then with the Q3 report and the harvest and the xmas season
a move above 3.00 by year's end. Next spring new highs and by next year at this time I would like to see the price between 4 and 6 dollars. I think this is all very doable!
The link at the top of the main page here on the Ihub site explains the difference perfectly, the info is by Scott Trade and really sums it up! Good luck and welcome! Great board here!
My assumption is based purley on the fundamentals going forward. Aqusition, election or any other factors well then who knows. At the end of last Quarter the had an inventory of approx. 1 Million.
I really don't know what they had at the end of Sept. Probably not much as they opened up the registration. However, if you look at just NOTL greenhouse. They shipped 5600 plants there in August
which they are harvesting as I type. Some say in a green house environment that 300 grams per tree
is reasonable. Let's say the first crop it was only 200 grams average per plant. Let's also say 10% of the crop failed, so I will round off to an even 5k plants. 5000 X 200 = I million grams. At $7.00 per gram that's 7 million in inventory going into December. Add in the 6 grow rooms in the old Hershey factory now and the sales for the month of December and I would assume possibly $10 million in inventory for Q1 2015 All speculation on my part, but that is my guesstimate!
Or strait to $17.00! LOL
I said last month at the deepest lows, that next April we will look back at the lows of October 2014 as a reverse head and shoulder pattern. So far so good. With that said, I do not see much of a pull back, more like a pause around the 2.40 to 2.80 range while the right shoulder forms a few weeks from now, then the move higher will start again, If this pattern is true then new highs will be around April May 2015 IMO
Yea, I like their numbers. I'ts best to surprise the Street! Personally, I think the whole analysis was conservative. PE of 12 in a booming new industry? What's Amazon's PE like 800 LOL
Oh and that Chris Parry idiot can eat it too!
Funny how that wind lady and johnnyblowhard from the windsor barn scam company are nowhere to be sceen. Tweed is going up and that pos is at 1.5cents! down over 50% today. We all tried to tell them!
Way to go girl! I still got .30 cents to go. But not worried! Here for seven more years minimum!
Much much better days yet to come!
Either that or that big short is trying to cover!
Mr. Big bucks market pro who was bragging about his 450k short is probably stiull short based on recent volume. IMO I like it! I hope he covers above 3.00! Should have taken his gain and went long!
Hogs get slaughtered! I knew November would be our month longs! $3.50 will be a dream price by spring time. Just like the guy in the interview said, 12 grow rooms = 40 million in revs. Ahh that's just from the old Hershey site. What about NOTL???? TWEED will be the monster that all of as longs have predicted! I hope to be here to see Green's $17 and way beyond!
Yes indeed I will be the first to apologize, Don't think I will need to. Remember the "hot dog eating"
theory that Linton laid out?
Any currency experts here? I'm having a hard time trying to figure out how a rise in dollar strength
is widening the loony to dollar ratio. The Canadian Loony is now worth 1.12 to one dollar. Not too
good for the TWMJF holders. Any ideas on where the direction is heading? Would it be better to
sell the US grey and by the TSX ticker to hedge against the downward trend of the dollar to loony trend? TIA
The 3.50 price target is for the short term or current period. Let's face it, in 2016 TWEED will be so far ahead of where they are right now. The Street will be forecasting 2018 numbers and by then Canada could be full recreational. I think 3.50 for short term is conservative. We will all know better by the end of November! I still say new highs in this stock by April 2015! GLTA
Well it's hard to say. But for one thing, I'm with some of the others who are thinking close to a million for Q3, As it looked like to me that the product turned over a couple times on their shopping site. They started the Q with almost a million in inventory. They also added customers in that Quarter.
I also think that a PE of 12 is very conservative in a "budding" new industry that will grow 50% YOY.
So i would have to think that the $3.50 price target is short term. Becuase a year from now, they should be way, way, way over those numbers that JPM Securities laid out today in that report. Plus with the court case being over and out of the way and the Federal election brewing. I personally, think we should be over 3.50 now!
If they do over a million in revs for Q3 and they give a little guidance about their customer numbers and production numbers at the end of this month when the Quartly report is filed, I would not want to be short! If that bozo who was all giiddy about not covering his 450k short, holds throug the Q report, things could get exciting for a nice little rally. I'm happy I'm long. Can't wait to here the good news about the harvest that they are working on now~
Lot's of good news coming between now and the end of the year. JPM put a floor on the price IMO>
Mods could you please sticky the JPM BS 3.50 short term price target report? TIA