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I agree 100%. Liquid gold is the best CBD product in the world as far as I know. 1.00 is happening sooner than later with FDA approval and uplisting in the near term.
Stifel Cautious On Aurora Cannabis Given 'Lack Of A Definitive Strategy' In US
Today 10:19 AM ET (Benzinga)Print
Cannabis stocks are getting more and more attention from Wall Street these days, and Aurora Cannabis Inc (NYSE: ACB) received its first coverage from Stifel on Thursday.
The Analyst
Stifel analyst W. Andrew Carter initiated coverage of Aurora with a Hold rating and a C$10 ($7.47) price target.
The Thesis
Despite impressive growth numbers projected in the next several years, Carter said Aurora’s international medical-use growth opportunities are limited outside of Canada and Germany.
“We are cautious on Aurora in the near-term given the company's reliance on the capital markets to execute upon its near-term business plans, the lack of a definitive strategy for entering the U.S. market, and we believe the slower development of the global medical opportunity will yield downside versus consensus estimates,” he wrote in a note.
Need more cannabis news? Check out all of our coverage here.
For now, Carter said Aurora has an enviable position as the No. 2 Canadian cannabis producer behind top Stifel pick Canopy Growth Corp (NYSE: CGC). He isn't convinced Aurora management fully appreciates the level of investment that will be required to defend that position as the market grows.
Aurora has also yet to secure partnerships with a global consumer or pharmaceutical company. However, the addition of investor Nelson Peltz as a strategic advisor should help remedy the situation, according to Carter.
Carter said Aurora’s valuation has upside only if it can maintain its Canadian market leadership position and its industry-leading margins over time. The company will also need to demonstrate it can be profitable.
Price Action
Aurora shares traded lower by 3 percent to $7.48 at time of publication Thursday.
Sorry, But New York Probably Won't Legalize Marijuana This Year
Today 10:01 AM ET (Benzinga)Print
By Brendan Bures
New Yorkers love to joke about its little brother New Jersey, ribbing any and all of that state’s shortcomings, but the pair are two peas on a pod when it comes to marijuana reform. Just as New Jersey did before, New York poised itself as the next state to legalize recreational marijuana but lacks enough support from lawmakers to do so.
NY Gov. Andrew Cuomo confessed this week that he doesn’t have the votes in the State Senate to push legalization forward. Cuomo previously had promised adult-use marijuana legislation for New Yorkers in 2019, but as the state’s legislative session comes to end, the governor says it probably won’t happen this year.
“I don’t think it’s feasible at this point. I don’t think it matters how much I push in 11 days. I think when the Senate says we don’t have the votes, I take them at the word,” Cuomo said.
Forecasts had predicted 2019 as the best year for cannabis form, in part because New York and New Jersey were supposedly locks to legalize recreational marijuana. Cuomo, as well as New Jersey Gov. Phil Murphy, had campaigned on pushing through marijuana legalization in the state. But doing so without the impetus of voter initiatives have proven meddlesome to New Jersey and New York.
“It’s hard to do it legislatively, I admit,” Murphy said.
But it’s difficult to absolve either Murphy or Cuomo in light of Illinois’ recent actions to do what those states could not—legalize possession and the commercial sale of cannabis through the legislature. Illinois Gov. J.B. Pritzker campaigned on similar marijuana legalization promises as Cuomo and Murphy, except he got the job done. So as Illinois becomes the 11th state to legalize adult-use marijuana, New Yorkers—and Jersey folk—will have to wait a little longer.
This article was originally posted on The Fresh Toast.
LOLOLOLOLOLOLOOLOLOLOLOLOLLOLOLOLOLOLOOLLOLOLOLOLOLLOOLOLOLLOLOOLOLOLLL, just like I said people!
vizc is broken?
Getting to close to uplisting and FDA approval for me to sell CHIT. You can drop it to 3's Ill still hold and just BUY MORE. Know what your holding and don't let Market Manipulators and flippers who love this stock take your future. They are purposely trying to break as many weak hands as possible before the incredible run to $10 or more. They whip this around because their is so many holding millions of shares and they coordinate sell points and buy points. That's about to end with FDA approval and up listing.
$$$$$$$$$$POTN$$$$$$$$$
Friends from ACB, I just got this alert. Just looking out for ya. https://wallstreetalerts.org/todays-alert/
A very popular high-end premium CBD brand derived from 100% natural hemp that delivers up to a 7X higher concentration of CBD.
From 250mg to 1500mg, Blue CBD Crystals Isolate delivers pure CBD in oil in a variety of strengths and almost 300 flavors. That’s right, nearly 300 flavors!!
However, with a big History of Rallies from these very prices + our RSI Indicator suggesting the chart is OVERSOLD, could POTN be poised for another Epic Rally back to past highs and beyond?
Take a look….
It’s important to note that POTN’s 52 Week High is .42 – a full 342% GAIN from current prices.
So what could set off another Bull rally? Read on…
POTN – THE EMERGING LEADER IN CBD
There’s no doubt that POTN’s subsidiary, Diamond CBD is leading the CBD revolution.
Ask yourself how many companies you know that were able to grow Revenues 25x from around $1.02 MIL in 2016 to over $25.5 MIL in just 2 years!!!
This is a company who in the span of 2 years, increased Revenues over a Mind-Boggling 2,300%!!
Could this be something to do with Diamond? https://ih.advfn.com/stock-market/USOTC/hempamericana-inc-HMPQ/stock-news/80070145/hempamericana-announces-new-agreement-to-become-pr
The Global consortium is amazing looking! Anyone holding long is gonna be rich!.
sell rating top 1 % of all stocks .
Its about to start dropping...
Flippers love POTN because it is a solid company. Tons of flippers flipping in unison like no other stock. FDA approval and uplisting will sky rocket POTN.
Wish they didn't play games.... didn't have time to do any dd. Don't really know what I am even holding just watching L2. Virtual reality what the F is this again? sold for 100% profit on a 3rd of my shares. Got nervous at the dump earlier to shake shares and sold for 50% on the other 3rd. Was hoping to sell some 9's with those. Now I am just holding these free shares hoping to see something happen. At least I made a little profit and have some free ones left over. 2.24 billion O/s isn't too bad. Are we looking at pennies or what?
Did the FDA approve CBD yet or what? My thinking is when CBD is 100% legal for food, POTN is going to damn near break the stock market and the Internet at the same time. I think POTN will have an incredible amount of money invested in it by institutional investors that same day. We might be seeing prices like 5$ or 10$ per share quick when that happens.
I just jumped on board at the 52 week low. Something has got to happen very soon with either tggi or gcgx. Probably both on the same day. Matts not really a crack head. I just talk smack when I am mad sometimes.
I sold today. To afraid of this barchart opinion. Horrific. https://www.barchart.com/stocks/quotes/MMNFF/overview
POTN has a new video on IHUB. I saw it on the VIZC board. Just hit play
timber! $5 is coming.
91 mill buys... 0 sells
Diamond CBD has Scandinavian connections for hemp.
Liquid gold is gonna bring the gold with massive profit margins! Diamond CBD will be the 21st centuries Marlboro! Liquid gold and Diamond CBD is to far ahead of the game to fail! Diamond CBD liquid gold is the Lamborghini and Michael Jordan of CBD products. Diamond CBD is the future. She won't be held down by dilution and flippers much longer. CBD will be legalized or the people might/probably go to war. They cant deny the people much longer. They have been informed.. They wont tolerate criminal negligence or sabotage in the system in regards to the suffering of human life much longer. It clearly stabilizes the nervous system and Cleary is good for you if it can relieve twitching and trembles in people with crazy severe epilepsy. I don't need anymore scientific evidence than that. It is a essential vitamin if it has effect like that on the human mind and body. Our government has no right to deny us essential vitamins for life. I don't want to get Alzheimer's. I am betting CBD would help prevent it if it can do wonders for epileptics.
Diamond CBD online reviews.
Check it out. This is how people feel about Liquid Gold.
https://www.bing.com/videos/search?q=diamond+cbd+liquid+gold+reviews&view=detail&mid=BF78C73DF472C33F6ADDBF78C73DF472C33F6ADD&FORM=VIRE
https://www.bing.com/videos/search?q=diamond+cbd+liquid+gold+reviews&view=detail&mid=7A8D7E2250482606C1847A8D7E2250482606C184&FORM=VIRE
https://www.bing.com/videos/search?q=diamond+cbd+liquid+gold+reviews&view=detail&mid=960E1189D203450D42A4960E1189D203450D42A4&FORM=VIRE
https://www.vaporvanity.com/best-cbd-vape-oils-e-liquids/
I am freaking amazed this company is trading for 9 cents
https://www.msn.com/en-us/foodanddrink/foodnews/ben-and-jerrys-announces-plans-to-help-everyone-chill-out-with-cbd-infused-ice-cream/ar-AACfgIb?ocid=spartandhp
POTN will skyrocket after CBD is FDA approved in food. Most promising CBD company of all CBD companies. Sexiest product lines in the industry, best quality, best name.
lunch break till 1.30
CBD hearing live.
thanks. I tried earlier and couldn't find it. Here you go
Anyone have a link to the hearing today about CBD?
oversold