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Sorry for you, but it sure sounds you like you bought shares on the recent run up that quickly cam crashing down to sub 1.00, where it's been for quite awhile.
Take a harder look at the stock and company.
GLTY.
Nothing to really get excited about with Namaste.
Just some pr hype with conjecture for good things to come, when many companies far better established than Namaste, already are doing just about the same thing.
A no volume stock for a long time going nowhere until a little move friday, meaning not any serious followers and investors.
Just another story stock tons to prove and too many shares for the ceo to sell off and dilute the stock on any possible move up.
After the manipulated one day hype, back below 1.00 where it's been for quite awhile after a huge price drop with many discouraged holders just waiting to sell, imo.
Far, far better stocks, with far fewer shares going places.
Don't get sucked in.
We're headed back below 1.00.
Funding dynamics has now dramatically changed for the positive in Canada, from the perspective of dilution.
I fear come october on, a big challenge will be dealing with oversupply and declining pices, of all things!
APHRIA is a gem of a company and, imo, along with AURORA and General Canopy, should always be core cannabis portfolio holdings.
The unrelenting selling of shares by company officers is a huge negative and anchor to the share price reflecting the outstanding revenues, and they show no sign of letting up.
MCOA will see a major break on the upside as the hemp provision in the Farm Bill gets closer to being approved by the president.
Think about it. First time in 80 YEARS hemp will become legal in the US and MCOA is already an international leader in generating revenues from hemp and it's products.
This is an explosive upward move in MCOA about to happen any day now when he Farming bill is signed, a #1 priority with Senate Leader McConnell.
That's my assessment as well, but that can be mitigated in a number of ways by the company, if that in fact is the main factor.
IMO, the OS are far from really being that much of an anchor, looking at other similar stock showing buying strength.
Other factors like a declining stock price for quite awhile, until recently, discouraged many folks to be sellers and given their record revenues and their superiority with hemp, especially it's oils, they may have well sold at the wrong time, as MJNA sure appears on a new upward phase of analyst recommendations, accumulation and incredibly positive developing US political acceptance
it was a mis print on my part. Thanks.
What do you see as the biggest impediments to the stock share price moving up?
$.50 is just around the corner and soon a $1.00 share is very reasonable.
Great volume and momentum as investors recognize all the value in MJNA.
I have made MJNA a part of my core cannabis/hemp holdings.
MJNA has extensive hemp experience/connections internationally and as numerous analysts have said, MJNA will be the the #1 beneficiary of the coming legalization of hemp.
When legalization happens in congress in the weeks ahead, look for a buying surge in MJNA and much higher share prices ahead. Revenues which are already great, will see continued dramatic increases with US sales.
Almost impossible to find an incredibly cheap .12 cent stock today with such proven upside potential.
Bought more today.
MJNA certainly is a leader and a great investment.
As far as Hemp Inc goes, far too many posters have strongly bashed the company as a joke, a hoax and going nowhere; just turning out millions and millions of unauthorized share and zero financial fundamentals, etc.
By the way, The Motley Fool analysts just published a extremely positive buy recommendation on MJNA, saying it will easily be the prime beneficiary of the upcoming legalization of hemp in the US.
MJNA already does mllions in CBD oil revenues internationally.
Easily looking at a much, much higher share price .
helpful post.
History shows that in any major developing sector, the big, well capitalized, superior management companies are he ones heavTily accumulated and take off.
These are companies like canopy general, Aurora Cannabis, Aphria and,
Medical marijuana, to name only a few.
Thebest place to be situated now, besides loading up o these 'heap' quality marijuana companies, is to invest in hemp, after 80 years in the US, soon to be legalized. A clear leader in hemp is Medical Marijuana.When he president signs the new Farm Bill, MJNA will explode on the upside.
Great, great buys at today's prices.
I see a $1.00 following next Quarter revenues.
10 times one's investment today.
In a major article, The Motley Fool analysts strongly rate Medical Marijuana as the best stock to buy, especially given the company's extensive international knowledge and revenues from hemp products, especially hemp oils.
It's plainly obvious that MJNA is entering a new phase of increasing heavy accumulation and increasing rising share prices.
.
IMO, clearly on a march to $1.00 a share and eventually much higher, in the coming future
THE MOTLEY FOOL jut realeased a major analyst article recommending Medical Marijuana, MJNA, as the #! hemp stock to own.
MJNA already does millions of dollars in hemp products, especially oils, in internationally markets. MJNA will hit the ground running when hemp is US legally approved.
MJNA share prices are incredibly low priced right now.
Time to load up, folks.
Sure appears we are entering a new bullish accumulation period.
The technical, fundamentals and what looks like the soon to be legalized hemp in the new Farm Bill, all say BUY now.
MJNA, a leader in hemp products all over the world, will prove to be a major US factor soon.
All this promises a continuation of the dramatic revenue increases MJNA has just reported.
Can't beat the share price these days.
I will be adding to my position.
Also, many analyst pick MJNA as by far the best US hemp stock to be
invested in. Don't be fooled by other fake sounding hemp stocks, with billions of shares, zero anything and going nowhere.
Smart move.
Hit .099+ at open today.
Chart and fundamentals look very, very bullish.
Analysts are saying MJNA is the BEST investment for the oming legalization of hemp.
or this and numerous other reasons, The Motley Fool analysts said that without a doubt, the BEST Hemp stock to own with the hoped for legalizataion of hemp, is clearly Medical Marijuana, MJNA
MJNA may well explode when the Farm Bill and the legalization of hemp, becomes the new law of the land after some 80 years of US restrictions.
Given MJNA's vibrant hemp business around he world, MJNA will be an immediate, massive presence in the US when legalized.
Time to load up folks.
Anyday now, it sure seems like the SEC will shut down trading n HEMP.
That probably means folks a total loss of your money.
Crazy to be in such a seriously SEC violated company doing nothing and going nowhere. My goodness investors, wake up!
A very helpful post.
Hope folks are looking at what I've posted, as it has been further substantiated by today's MJNA earnings.
The Motley Fool analysts say MJNA is clearly the best hemp investment.
Medical Marijuana, MJNA, is Motley Fool's #1 rated stock to participate in the expected upcoming and growing bullishness in US hemp legalization.
After extensive research, it became bious o me the the best quality company to take advantage of the hoped for legalization of hemp in the new Farm Bill, is clearly MJNA.
I sold my entire position in Hemp Inc., which only has an appealing, but terribly misleading name, and not much else except billions of shares.
MJNA is very experienced with hemp and it's products abroad, especially CBD oil and will parlay that extensive knowledge into US based revenues when/if hemp is legalized
Don't have a feel for 2ndQ, but feel totally comfortable in saying AURORA is a monster company in the making and, imo, will soon surpass #1 Canopy General.
Aurora's share prices a total 'steal' for the wise, patient investor.
I feel we're looking at $8.00-$11.00 by the end of the year and a $50. to $60. stock a few years out. Revenues will be massive.
I agree.
We're both thinking the same as we drink our hemp infused beer!
GLTY.
Thanks.
I also feel very excited about Medical Marijuana, MJNA, for many of the same reasons.
It is The Motley Fool's #1 Pick for Hemp investing, following exensive sudy and rationale by them.
Many of us are very excited about the seemingly positive developments underway in our political system to legalize hemp and the nvestment potential it represents.
Speaking for a ton of HEMP Board readers, all extremely interested in the investment potential of a TRUE, VALID hemp company(s), we are so tired of all the scarey apparent negatives of HEMP INC. and would be incredibly grateful for any knowledgeable, honest Board participant to share with us a name, any name, some names, of valid hemp companies we should consider investing in.
Many, many thanks for those knowledgeable and honest enough to respond.
Sorry.
Your post is correct.
My hastily done post was in error.
0.3% is correct.
I've corrected that error in an earlier post today.
Apparently according to a very knowledgeable poster the THC content is only .03%, not what I read elsewhere.
The hemp plant, which looks just like the marijuana plant, is totally different and it's obvious now, 80 years later, given it's onetime multiple commercial uses and even today's medical uses, that the government made a big error in it's classification.
Given the new Farm Bill, it sure seems hemp is about to become legal, a boon to farmers, to commercial entities like HEMP and tor it's medical uses.
While I'm a cautious investor, I must admit out of fairness, he House Conference Committee members you list are quite positive towards the legalization of hemp.
The concern eally seems NOT one of hemp legalization surviving into the final ompromromise bill, but working out something acceptable to the SNAP pogram and it's work requirements for those on food stamps.
Hemp legalizations appears never to have looked better all these years.
Thanks for the post. Sorry about possibly confusing the matter.
Brighter days finally appear on the horizon for HEMP.
HEMP is headed into the .027's.
Muc h fear remains, as I posted over the weekend.
If HEMP was such a slam dunk, it would be stornger.
Itg's notg because it's going lower.
Conference committe will kill legalization and SEC suspending trading for the millions of shares illegaly sold by the CEO is immindent and then an investor is looking at a dead investment as rading will sop and if stArted again, we'll fall back o a penny.el
It's a real possibility the legalization of hemp in the Senate bill version will be eliminated by the House member in the conference committee.
Far, far to risky to buy until and if the FINAL BILL is written and signed by the fickle president and includes legalization of hemp.
It's been a dead issue for 80 years for a reason.
Very simple, outlawed all these years because IT DOES have a psychoactive THC ccomponent in the hemp plant. Simple as that.
You're missing the point, hemp has over 10% THC, the psychoactive component in all cannabis, hence why it's been illegal for 80 years.
But I also face reality,and that is legalization is FAR from a certainty coming out of conference committee and making it into the final bill.
Why do you think it's remained a category 1 for some 80 years?
I would like to be posting with such assurances as some are, and sure it's appealing given the company's name, but you and I and any wise investor knows it could as easily fall apart and drop to a penny. And posters keep forgetting the wild card,pending SRC action against the company and it's ceo.
Absolutely no slam dunk at all and you will take a bath if you have the all the shares you post about.
Sorry, totally wrong.
Hemp does have a TCH psychoactive component, smaller, but still there.
Sorry, i forgot, but it may be availale on the company data page.
With Pink, let alone a one with a BEWARE designation by the SEC,one never really knows, what, if anything will be posted on time. PINKS are just a crap shoot. The SEC BEWARE designation is to be taken seriously, unfortunately so
While their appears to be increased Senate support to make hemp legal, there remains significant opposition on the House side and that will dominate when the two groups come together for the final comppromise bill.
The compromise bill, given the still significant opposition of House members, will eliminate Legalizing hemp from the ill, but perhaps maintaining while maintaining the the illegal of the bill, may include a softening of regulations, like possibly allowing cross state border, but only where those states approve.
Remember, hemp still his a psychoactive THC component, like cannabis and many states are adamantly oppose to it and, while federally illegal, crucial bank and insurance support is NOT there and crucial for states and farmers go be interested.
Hope for legalization may well be on the horizon in the future, but not now. Those gambling buying Hemp and hemp stocks, are clearly risking the stocks being sold off in massive volume, given all the speculation and then an investor in HEMP is sitting with DEAD money.
The share price will fall apart in massive volume in the blink of an eye.
To complicate and make matters far riskier, SEC action against HEMP and it's CEO is pending for selling millions of unregistered shares and could happen anyday and suspend trading, period.
Far, far better for those interested in hemp investing is to WAIT to see what develops, perhaps pay a fraction of a cent more for shares, but KNOW we're going up. That's the security needed and the time to buy.
Far, far too risky with this fickle congress and
House member where much opposition exists (The working House version only passed by 2 votes to get to upcoming conference committee for a final version).
Frankly, and honestly, stupid investors invest on HOPE on such a controversial issue with still so much opposition.
GLTY.
I'm of the opinion, that in a actively traded stock, fridays are often the best days to buy right at the close.
I doubt it's gonna run away, but it sure is, imo, a core holding and these prices are just too cheap to pass up when one looks bak on this purchase in the future. This is for serious portfolio building investors.
With coming revenues to soon be reported, the market will wake up and realize this is one heck of a stock to own. All cannabis must go through testing and EVIO is a leader and strategically placed over the US and Canada.
A real buy at these ridiculous prices.
Will be ZERO if today's the day the SEC finally takes action against all the reported illegal stock sales.
Just far, far to risky to take a chance, imo, all the hype not withstanding.
Time for an investor and board poster to speak jup.
SEC action sure appears imminent.
That means NO TRADING and your investment is lost.
As we've been told by a number of posters, millions of illegal unregistered shares sold by the ceo to unsuspecting investors like you and I.
The company name sucking in investors.