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would anyone like me to sticky the article please bolden the headline and I will post it.
annoyed at people fighting for chump change right now. I hope its the 54 000 sq ft facility they have the double deck being built on that is being inspected this week.
$CGRA this will soon be filled with cannabis pic.twitter.com/e64R8elDJh
— PennyStockPoopieTaint 🌲🔥☁️ (@PennyStockPower) May 22, 2015
no need to worry guys, remember crossing 5s started the huge institutional support. this will go back up from here. unless institutions are dumb enough to sell for a loss. hedge fund highway and all that jazz.
how are fins shaping up for next month quarterly anyone have an estimate?
9% down during croptober lol.
They are only using 1/4th of their facilities right now.
is Dundee out anybody know?
war is often hardest at the enemies last stand, but fear not lads, she will surrender the booty.
$CGC.
"If you do not change direction, you may end up where you're heading" - Lao Tzu
$CGRA
well there goes my average, good thing its mostly reinvested gains from my actual average of 3.28. when you sell and buy back your average goes up haha!! ^.^ forgot that part.
ya I got to hedge out a margin now, to protect my shares, since I used it all to buy up when this was climbing lol.
that's more weed that some the largest LPs in Canada are even licensed to grow bro. They should get rid of the roof and put in a green house roofing or even just panels where the sun is all day that would be so efficient. I counted like 14000 kg, that's huge, especially if we buy WFCC when rescheduling hits. And Cali is going to prove demanding. Looking at +$100 million USD years if we start now and stay ahead of the competition.
I'm glad they are not rushing news, it just goes to show they are not interested in share selling. you realize how many pumps they could have put out by now if they wanted to? they are looking super legit to me.
my average is 5.78...lol did so much buying all the way up *sigh*
my average is 0.0082...not bad at this level.
build new support and burn all the short. doesn't get any better than this.
$CGC.
rent cheque soon, amen.
$CGRA
that's plenty of room to grow from current quarterly revenues. locked and loaded.
anybody know the value of 12000 kg of dried cannabis these days?
cuz that's how much we are in for.
anybody got a number for the 31 wells? I keep trying to plug it in but it is ridiculously high. Like if they are pumping for a year, how much revenue are we looking at, and how many BOPD average for each well?
I bought some 0.028s, I'm not complaining, I'm happy with my position, this will be trading pennies every day soon.
what's 1 penny right now?
a couple thousand bucks if you accumulate and realize where things are headed.
this is a dollar stock that should be up or down a nickel every day. we must be the smartest kids in the room to realize this before everyone else. I also believe we shouldn't always trust the masses to make the right decision even in investing (I've seen many instances where this has held true). only a matter of time before we are golfing all day while our dispensary franchise is netting $9 mill a day for each of us before paying the workers and maintenance operating costs etc...
the good life lads.
P.S See, hysterical bantering can go both ways.
just had a vision you guys...wow.
kay so imagine if we combined the bi-product of MJ industry (hemp stalk) + automation and mass production.
infact imagine if we used the bread basket of the world, the prairies, knowing the shape Alberta is in right now since oil, and put them to work, producing vast amounts of hemp to be used as raw goods. then we add in a little automation and mass production. instead of disturbing the ecosystem to harvest resources to use in manufacturing, we are farming our resources. (remember it can produce over 25000 different products) we are saving the world from climate change this way too. now imagine those other countries that don't have nearly enough space to produce the same amount of manufacturing material, with 100s of millions if not billions (india) of people to provide consumer goods for. out 35 million people, would be extremely wealthy, with a large healthy natural country we never had to sacrifice to get there.
robots working 24 hours a day to produce consumer goods for people who need them, who can't afford them, who would have to sacrifice their natural resources just to produce these products. the world needs to wake up. Canada first, so we can be miles ahead of the competition curve, and having the bread basket of the world, all we'd need is the technology to produce. think of the money, all the lives we're increasing the quality of, without ever having the chop down another tree, or pollute our nation with mines, or generate harmful toxic byproducts of manufacturing. why not? someone tell me why not?
I think this is the way it was meant to be, and industry wanted to make a quick buck off of scarcity (demand / less supply) so they created a propaganda machine against what could have been abundance for all.
The times, oh how they are changing, instead of this, our leaders, how brilliant they are not.
and not putting out PRs for the sake of a pump.
HIGH FIVE!
Your a prime example of this company making investors happy :D!
I would do the exact same thing in Wright's position. Some shareholders are just here for the money treating this as another pink. If I knew how special my company really was, I would let impatient investors who are only here for the money sell and leave before I release the goodies. They have been manipulating this stock for too long and he's probably sick of it too.
Anyone know how worth of weed one can grow on 500 000 sq ft of production space?
I'm thinking $1.6 billion per year is low balling it...but who knows if the feds are even going to let them use all their production space for rec...
"We're excited about where we're sitting, because we are the biggest production platform in Canada, and probably in the world for legally available marijuana," said current Canopy CEO Bruce Linton, whose three growhouses in Smiths Falls, Toronto and Niagara are ready and waiting for the green light to open the supply lines to a vast recreational marijuana market.
"We have 500,000 square feet of production facility, which is, by any account, an awful lot. And so we feel kind of like the next race is starting, and all this effort and building and acquisition and construction -- it's a race and that puts us in the pole position."
They are only using a fraction of their current production capacity. Waiting for rec to full max capacity.
http://www.ottawasun.com/2015/10/28/liberal-cfo-could-rake-in-marijuana-money-with-legalization
Dated article I know, its where I'm referencing the capacity numbers from.
there goes another short, you can't play MJ stocks right now, you can't play the greed and impatience game. the market will beat you. the only way you can make money is probably the only way you have thus far, by sticking it out through thick and thin after you've done the DD before the rest of the masses, and you believe in a company.
you guys I can literally feel the oil pumping...
There are contact lists here:
http://news.gc.ca/web/article-en.do?nid=1092399
Also I believe this current government will be transparent and keep us updated on the process. They have done so every step of the way so far. There was even a public forum to discuss how MJ laws should be written.
"The illegal marijuana industry is estimated at $7 Billion per year--which costs governments $2.3 Billion to enforce."
That's a good ball park figure for estimates on how much initially the market could be worth. I believe CGRA will be worth 3.5 billion by first day of rec sale.
https://www.merryjane.com/news/new-york-times-predicts-end-of-marijuana-prohibition
After November 8th could officially drive the number of states in America with MJ legal provisions to majority, thus the Feds must take action to provide Federal MJ reform, rescheduling to keep laws consistent across the federal and state boards.
Over a month until task force has to report for MJ legalization catalyst, and we're almost double our price in a month. I'm guessing $9 pps by the time rec guideline hits on November 30th and depending in that we could see another double to $18 PPS before spring legislation is introduced.
Any change in US laws before rec in Canada hits, basically any change in 2017 federal US law, such as Rescheduling or other Congressional legislation to reform the law could have serious changes to CGC's vision and future goals. Having the infrastructure size and location so close to the US border for initial entry into the market is huge. I don't trust any POTUS to reform the law but congress seems like they are pushing in the right direction.
https://www.merryjane.com/news/new-york-times-predicts-end-of-marijuana-prohibition
First day of rec sale is like retirement day for most of us.
ya I saw those other stocks, and they have great performance but that's about it. their share structure keeps me away from them, and the fact that they don't have any revenue or actual business just shells...November 8th isn't going to change that for any of those shells, they will still be shell dilution companies that make their only money off printing shares.
I'd like to think that as a company committed to MJ that CGRA stands to actually profit from what happens on November 8th and will change their business to suit changing MJ laws as well.
doesn't matter how long it takes its not going to take another month, plus when this starts to climb it climbs fast. relax your position is safe.
sounds like something MJ related possibly more leases signed, wouldn't be surprised since potential growers over there are now seeing with their own eyes how real the company is. They can have up to 9 leases...that's up to $27 million per year or $6.75 million per quarter in just MJ leasing alone. Not to mention the point where they actually own WFCC could come soon as well.
Quarterly report in 23 days. They'll want the rent cheque and oil pumping before then.
we have the bloody bread basket of the world...not like Alberta is good for anything right now anyway since oil crashed. put them to use, turn it into hemp farming industry. u guys realize how much money this country is not making because we've fashioned our laws against logic in favour of aging failing foundations that are crumbling around us, because of their irrelevance and inefficiency to keep up in the changing game.
oil is most definitely pumping, these guys know what they are doing, in oil and MJ, been comparing them to top dog growers in Canada and CGRA has superior grow technology and processing technology I really think they comin for the top spot in USA. If you draw a line straight south of Chewelah, it goes through Oregon, Nevada and California, we are poised to have enough supply lines to really ramp up production and expand.
Not only that but many of our trees were bough from Oregon so they are allowing states to supply each other with MJ, and we are smack dab in the middle of the supply corridor, not to mention Canada is right above us, potential supply line their depending on their policy development next month.
After November 8th I would really hate to not hold a position here. The possibilities are endless I feel like they are the type to franchise and go where the money is. Didn't they go to Colorado earlier this year? A lot of new opportunities opening up, This company will be worth billions in less than 2 years. I love America, the opportunity is so enormous, anyone can make it.
Are you high? MJ is the most fibruous plant known to man. with all essential fatty acids and even some that we can't get from any other plant only mother's breast milk!
In the university textbook “Fats that Heal, Fats that Kill” Dr. Udo Erasmus declares hemp oil to be the “the most perfectly balanced, natural EFA rich oil available” and “nature’s most perfectly balanced oil”. The man has a PHD in nutrition.
You don't realize that throughout history we probably relied on this plant precivilization as a part of our diet, the survival of the species may have depended on its nutritional value. Think caveman gruel, porridge in a coconut husk :D
If you're lucky you may find a box of hemp cereal sitting on your local Walmart shelf too :) it would make a great addition to Canadian nutrition, probably the best addition you can think of.
You know where the real money is? Once the chains are off and the doors are open to more manufacturing material production, prairies are producing this king crop, we can make alternative green technology to replace over 25000 different products. Being the most fibrous plant known to man we can make anything from concrete to fighter jet bodies, skate boards, tooth brushes, paints, you name it...without having to harvest pollution intensive crop or cut down another tree!, we are literally wiping our asses with trees yet some of us walk around like its okay, like its not almost a crime this plant isn't legal yet while we chop down trees to wipe our bleeps and we are still 50 years out when it comes to serious biodegradeable packaging technology like garbage bags.
The population of ignorant consumers isn't getting any smaller, while the non-renewables they consume no doubt are.
I'm not here to cop a buck, I'm here to cop a field because when everything else is used up, that's probably all we'll have left in the end anyway.
volume is starting to heat up, with those pics the MJ is going to sale...we need a PR. God speed Bill....
"Cannabis to us is not a lifestyle product." that says it all just burned a huge bridge, to bet their company on what exactly? a fading medicinal practice, that most juristrictions in the world would abolish entirely after they introduce rec. this is great cuz Croptober is next week, glad we know who is getting burned nicely.
its like saying herbal/mineral supplements or are strictly for medicinal use, and not for everyone's diet...