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Ok great, thanks for the update, but how big is the facility and in what form is the mj being processed to make sales?
... just asking, 'cuz every public company seems let their shareholders know this.
Is it 3k sqft? 55k sqft? 100k sqft? 1mln sqft?
What is their capacity going to be?
Is it not good to know this?
Does anyone know...
- the size of the facility Easton is plannimg to build?
- what are they plannimg on doing with the crop at harvest?
- how do they plan on selling their harvest?
- what shape is the mj harvest going to take concentrates, oils, dry herb, edibles?
- will this crop be used for medical or recreational purposes?
Vision creates a future
Dollars NOT Dineros
Weed NOT creams
I'm all up for 1000% to 3000% but for this to happen there needs to be a unified vision
March statements better show revenues otherwise this is going back down to .001c
No money, no honey
No vision, no future
R-ray, I'm not here to cater to female issues....
I'm here to make money, and thats it. If female issues make me money then I will care a lot more. This is NOT about pssy... its about money! Pssy is only a means to bring in the money. AND... I want dollars NOT dineros!
If the Bayer deal was for America, Canada and Europe that would make me A LOT more money than for Mexico where there is no money.
In 4months I won't need a greenhouse to smoke in using an iBliss vapourizer because I can use ANY vapourizer sold in ANY shop to puff away in ANY & EVERY house in Canada.
So.... where is the connection between vapourizers and Bayer? There seems to be a lack of unified vision & a serious delay in getting things to market.
It doesn't take 3yrs to setup greenhouses.
I get it DB but I can't seem to figure out the unified vision of pssy cream and MJ. If the goal is to use Cannabinoids to aid in pssy cancer treatment then tres cool!
So, what is the vision?
'Cuz the thing is, in < 4m from now Canada is legalizing MJ and the whole country will be growing pot, no joke. Every house in the country will be able to grow.
And, there are thousands of applications for LP status & only hundreds of permits allowed ready to proceed to next stages after years of waiting.
If Easton misses the boat, I don't think the pssy cream was worth it.
Today's pssy is green not cream
... if we are only investing in a pssy cream we need to see some action :o) No money no honey!
It takes years to get a permit, not to apply
I want to know
What does a pssy cream have to do with Cannabinoids?
Here are some of the changes
https://www.canada.ca/en/health-canada/news/2018/01/statement_from_healthcanadaphysicalsecurityrequirementsforproduc.html
For additional ACMPR changes I would recommend to call any 'cannabis consultant' agency which you can easily find on the web.... they are usually up to date with this stuff. Ask them about the proposed gov't changes to the current ACMPR program.
These 'sub-LP' licenses will be available around July. The licenses based on cultivation or processing will grant a company to sell to ANY Licensed Producer in the country.
Therefore, EAPH does NOT require full LP status to sell.
If full LP status is their goal, that's cool too... just don't expect a permit for at least 2yrs. If they want to sell Int'l, they need a 'dealers permit' for export and for this they need full LP status..... or, they could just sell to a licensed LP
But then again, none of this matters if they continue not to show any revenues
I wouldn't expect any royalties from any signed company for at least 1 - 2yrs after signing.
These things take time, marketing, packaging, promotion, shelf space... most places need you file for shelf space and this is usually done in the early part of the year, if you miss this time to book for shelf space you gotta wait
Licensing fee, yes... usually immediate. This we need to see in March fins or I'm dumping this.
Exemption permit granted
Therefore, EAPH can grow & store legally
Update to ACMPR program has been announced by Health Canada last week, scheduled to change around July.
Scenario.... they can grow and store legally, perfect for R&D; new micro permit to sell takes about 4m from filing in July bringing them to Nov giving them acces to every LP in the country.
Oct/Nov harvest & storage is permited because of the 'exemption', new permit filed will permit sale of stored material starting Nov.
No LP status is irrelevant because there is nothing to sell from winter slumber.
Coincidence or planned?
.015c here we come
I doubt a pssy cream with Bayer is going to take this to $1.00
I agree with you R-Ray
From my personal experience, our company has filed for ACMPR status several months ago but:
- we have not built the greenhouses because it is winter.
- equipment has not been delivered and left on our lot because it is winter
- drawings are done & bldg permits will be filed in the next month because now it is winter and there is no hurry, this is the most we can do right now
- lots of discussions now with builders, consultants and gov't because it is winter
As for the 4person per lot 'exemption'... irrelevant. I know people who have permits to grow hundreds of plants and store hundreds of pounds.
Whatever they have filed for is perfect at this time, especially for R&D purposes. WHY? Because the Canadian gov't is currently amending the ACMPR program and whatever permit EAPH has filed for it can be updated in a very short time.
Even if they use a light tarp to facilitate a 12/12hr grow for flowering their earliest harvest could be July1st. But most grows could see a harvest around Sep/Oct.
So who cares about the details about this right now?? There will be no profit from mj for at least 6months, its winter... so go skating or something.
If they don't put the shovel in the ground come April.... THEN, I will be concerned
$YES$ $YES$ $YES$ - EAPH
Yes, R-ray... no matter what positives you have to say there are those here who will always be negative
thanks Maxiedog, Bayer Ph#:
Bayer Corporation
100 Bayer Boulevard
Whippany, NJ 07981
862-404-3000
EAPH will make it this $year$
Frank... you just got in way too early!
Why not move on already
You read only what they want you to know
This is actually quite interesting, Dog
... you mean they aren't building anything in the middle of winter when the ground is frozen in -20C/-4F weather?
Very Exciting!
Yes, this board is very much like that
Wrong again, Frank
True, I've been posting here for only a few weeks but make no mistake... I've been reading this board for almost 4yrs now!
I can tell you... its very easy to spot those who got in too early & have made no money.
True. But its not difficult to get a commercial growers license... you gotta get over this part.
The Canidian gov't is encouraging legal cultivation... and now the gov't will be making it even easier after they update the current ACMPR.
I believe Candian Senate will be making announcements in Feb about new changes.
This is great news wjb007,
Can I please ask how this was confirmed?
Did you find the right contact to speak with at Bayer?
Not only can you file for different grow permits in Canada under the new ACMPR, but companies will also be able to sell directly to a registered LP.
And.... because LPs do regular testing on their mj from their grow & other's grow the mj will not pass through to market unless it passes quality tests at the higher level.
C'mon Frank, are you actually asking to see pictures of greenhoises in the middle of winter? When they only filed last fall??
You seem a little lost... why not call EAPH to find out 416-619-0291
Wrong again and again Dog...
Some new revamped gov't permits take only 4m to obtain which means they likely have what they say, especually since this id old news already.
You still seem a bit lost. Why not contact Health Canada to learn more about the new ACMPR 1-866-337-7705 omc-bcm@hc-sc.gc.ca
Wrong again Dog...
The gov't is currently revamping the ACMPR program to accomodate micro, standard and full on LP (licensed producer) status for production, cultivauion, processing & sale of mj.
You seem confused.
Why not call EAPH to clarify which license they filed for 416-619-0291?
Why not contact the gov't to learn more about the ACMPR program? Here is an email ACMPR-RACFM@hc-sc.gc.ca
.001c to .10c in 19m?
by April you think?
greenhouses.... yuuummmi!!!
$$EAPH
Indeed! Lets focus on making money!
The future is $$$
Its true...
I made money in stocks
And now I'm here to make more :o)
Dogman/Frank
Why don't you guys show us how DD is done and call Bayer to confirm EAPH's royalty agreement?
I, of course am content, so therefore there is no need for me to make.the call.
Those with a conistent problem should make the extra effort to dissolve their disinterest.
This is your chance guys
Yes, this is risky :o)
I was in tech stocks years ago, into both FB & MSFT @ $26. Got into mj stocks about 4 or 5yrs ago, Lost count. You need safe & risk stocks, but I always watch the charts and new when to stay clear of EAPH.
pps for EAPH has stabalized after a major 1year slide. I always wait 7+ months after a drop like that. If you got in then, sorry. Even 6m ago was too risky for me but then again you can't argue .001 to .03 in 16m!
The crystal ball sees a different future now for eaph. As for the 'misleading' PRs, don't know what to say about that? I doubt it was deliberate. Maybe we could call Bayer???
Something tells me MJ will pave the way
Good to know.
... but a year ago was too early, so I stayed out then too.
I am content
3yrs ago I watched eaph slide and stayed clear, chose lxrp over eaph at .025c and did well.
But today Easton seems a bit different. Maybe I'm wrong. The MJ industry as a whole has evolved, there is more direction with every company.
I don't know about the last 4yrs like some here have been around that long, but my opinion back then was that it was too early to get into EAPH.
now seems a better time
That's right Frank, always do your DD and check the chains.... here is Easton's ph# 416-619-0291 It would be great if you could call to verify everything you ask for straight from the source.
Wouldn't that make best sense?
Bayer+MMJ+iBliss = :o)
Why not call Easton to find out why the Alliance name has been adjusted?
EAPH, CEO Evan Karras 416-619-0291
We don't know what type of license tbey applied for...
At the very least, they would have applied for a basic 'exemption' permit to grow which would give them access to all 150k med permit holders in Canada, not just 8. Therefore, for Easton to say they have a Federal 'exemption' would not be incorrect.
BUT if this is their route, this is not an LP permit. We just don't know yet.
Furthermore, receiving OR at least having Alliance 'donate' $575k (probably under Alliances expense as per their income statement not Easton's... and I'm only guessing here) to file for an mj grow LP permit with Easton tells me this is for LP status. Depending on where you go it will cost upto $250k just to have so called mj consultants help file LP status gov't permits.
If they don't have an LP permit now, who cares? It's winter and they can't grow anyyhing anyways.
My plan would be to file a basic 'exeption' permit to grow immediately, then file LP permits right away which will take longer to obtain... these were likely filed with Alliance in Aug2017 and will take 1 - 2yrs to obtain. So, until then an 'exemption' permit would be perfect to cater to the Canadian med mj peeps until the LP permit comes in..... we just don't know their route.
I'm only speculating on best practices because my company is filing for permits too and this is the route we are taking
Of course... you could always end the speculation by calling Easton's CEO Evan Karras directly and ask whats up 416-619-0291.
This is awesome!
I can't wait for Easton to be filling their new iBliss vape pens with Canadian grown mj oil and selling Internatonally.
Come April, let's put the shovel in the ground, build those greenhouses and make a fortune selling med mj to Bayer!!