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If the business was in anything other than the cannabis/hemp industry I would agree with you. As it stands tho. The opportunity is in a brand new, previously prohibited market that has incredible healing ability and no competition. Different potential. Patience is required tho.
They bought bitbuy and now they are buying coinberry. They are positioning themselves well in the new economy
Never bad to trade around a core if you can see the patterns. I find I am safer to just hold on most of my stuff. More successful for me that way
They are not suffocating that badly, I just bought infused pretzels and a bottle of hot sauce for 420. The meds are more available no outages in the last 6 months. They seem to be head down and delivering stronger all the time. Share price does not necessarily reflect the company. That is particularly true in the weird and wonderful land of weed. I know they are in a fragile position at the moment and hope they get through in one piece. Holding long in any case.
This is fantastic news thank you for sharing!
I have put in a request for a ticker change. It is showing a new cannabis ETF in the states with the same letters on amex exchange instead of the tsx in Canada. Even if it goes to CGC on nasdaq it is easier to convert from USD than find the ticker elsewhere
Time for Bernie to head the MJ party. There is more support for cannabis and jobs in the US than there is for either of the old parties. The longer they play games the farther behind the rest of the world the US becomes. I am actually enjoying the unfair advantage I have over folks in the US but I know it is not right and will help change to sanity as much as I am able.
The chart for the amex exchange is being shown. Have no Idea why that would affect the ticker here….
Seems it is just another of the bevy of ETFs. Why they have it on the canopy board as the ticker on ihub is just ihub error I guess. Along with the charts being inaccurate when it is most critical just part of the platform’s charm. I am only here for the people. The people make it worth the frustration. Always use multiple sources to find info tho
https://www.roundhillinvestments.com/etf/weed/
I just saw that, interesting turn of the worm. This industry is like a soap opera. You can go away for a year and nothing really changes but the individual stories are bizarre and you can not stop watching lol!
Has this been posted already? If so my apologies, I just want to contribute to the info. I have always had a soft spot for this company. I saw Kiran’s pitch in person in Toronto. They have done lots of things over the years. I would love to see something stick! Just FYI. Not sure if it hurts or helps but info is always good.
My hope is that Halo will finally pick a business model and stay with it. There is incredible potential in California since even tho it is the state with the most people I think less than 1/2 the counties permit sales of legal products. Once they get the legislation straightened out the industry has a great future. It is staying in business till then that is the big challenge. The dispensaries will do okay and hopefully the patience of the investors will be rewarded..
The wider market and the flight from tech into “safe” havens are responsible for this particular turn of events. The big guys who manage other people’s money have fled from tech to gold, commodities and oil. No growth there, they just avoid losing money. We are also in tax season yet again. People sell their losers to pay the tax man and use the loss against next year’s gains. Rather crappy from a timing perspective. They sell, book the loss, and either wait 31 days to buy it back or they buy another low stock and ride the swing. Fun times :s
The whole market is in a downswing. It is pivoting from oil to ev. It will be gradual but it is happening. This is an investment rather than a trade. The difference between this and some other companies is they announce they are going to do something and then the do it. There are many companies like this at the moment. It is hard to choose the best ones. I do not have enough money for all the good opportunities right now. Share price does not equal the value the business has. I think someone posted here an article about Musk being interested in WAVE technology. Even the hard core oil guys are talking in terms of 10 years to the end of oil. That is nothing! I have been waiting 7 for cannabis to normalize. And there are way more folks motivated to go EV.
Everything is down. Look at the market and global affairs. Everything except oil…. Which is what $CLNV will be producing soon, cleaner than any other company. How do you see this as a problem? And it is on sale :)
Or, they would have preferred not to dilute, but a crashing economy and unexpected war and a disrupted supply chain forced them to in order to take advantage of an opportunity. In life we have to be flexible and change plans as necessary. You do not have to keep holding their shares if you no longer like the company.
People who expect guarantees should have bank accounts not stocks. I am glad the company chose to seize the opportunity
So fun watching this evolve! I like all the other stuff IDEX is doing but it was the WAVE tech that got me to buy their stock.
I am saddened he was hurt. His coverage of the industry has been very good. I enjoy watching interviews with him. I am sending good wishes for a quick and full recovery.
I am saddened he was hurt. His coverage of the industry has been very good. I enjoy watching interviews with him. I am sending good wishes for a quick and full recovery.
This is an excellent overview of how things have rolled out. It is challenging to navigate when the authorities actively work against your business. Particularly annoying when the FACT that cannabis has never caused an overdose death and has many medicinal uses. It is a challenge to wait for the world to catch up. I am holding long in jurisdictions that have a better understanding of this plant. It is not north america but I am not waiting till they buy a clue.
Khiron has made an agreement to put Zerenia clinics in Mexican health centres
https://markets.qtrade.ca/news/story?t=iKXJizM-dSY,RBgdWBB-F545YOAM95G5jvZwZGoQbWAC&article=5a5bd081c3ba9ead#5a5bd081c3ba9ead
in Mexico
03/30/2022 07:15 AM ET
Teleton has 24 Medical Centers (22 rehabilitation centers, 1 autism center and 1 Children's Hospital for Cancer) located across the country, and around 600,000 patients with disability, cancer and autism conditions
The partnership includes:
-- Establishment of Khiron's Zerenia(TM) medical cannabis clinics within
Teleton's network across Mexico
-- Distribution of Khiron's medical cannabis products in Teleton's
pharmacies
-- Training of Teleton's Health Care Practitioners on delivery of medical
cannabis
TORONTO, March 30, 2022 /PRNewswire/ - Khiron Life Sciences Corp. ("Khiron" or the "Company") (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), the global medical cannabis leader expanding throughout Latin America and Europe, has partnered with health care company Teleton to bring access to medical cannabis to more than 24 medical centers across Mexico.
Khiron is a leader in the marketplace with its end-to-end solution focusing on the category of medical cannabis. Khiron has a proprietary, sustainable model of growing, distributing, and prescribing cannabis for a range of health care solutions in its Zerenia (TM) medical cannabis clinics. Leveraging their wholly-owned medical clinics and proprietary telemedicine platforms, Khiron combines a patient-oriented approach, physician education programs, scientific expertise, product innovation, and to drive prescriptions and brand loyalty with patients worldwide.
"The establishment of Khiron's Zerenia(TM) medical cannabis clinics in Teleton's medical centers is only the beginning of our go-to-market strategy and medical partnerships in Mexico," says Alvaro Torres, Khiron CEO and Director. "We are focused on delivering the highest quality and best care to patients and ongoing education to doctors and communities at large."
Khiron has also obtained regulatory quotas (authorization to use a control substance under International Conventions) from Mexico's regulatory agency COFEPRIS for importing CBD and THC into the country and is currently securing permits for imports to begin commercial sales in the country. With Mexico's population of nearly 130 million, it is among the top 15 economies worldwide, Khiron's serves more than 11.7 million people who have conditions treatable with medical cannabis.
Arturo Pichardo, Corporate Medical Director of Teleton, adds, "Teleton and Khiron's Zerenia(TM) clinic network complement each other perfectly with our strong patient focus, as we share the same values about our common mission. This partnership is good news for patients with various medical conditions throughout Mexico."
Khiron has also partnered with Mexico's top university Tecnologico de Monterrey to provide medical cannabis training to doctors across the country, based on Khiron's education programs and real-world evidence from its Zerenia(TM) clinics across Latin America.
About Teleton
Fundación Teletón is a non-profit organization that seeks to serve children with disabilities, cancer and autism, offering them comprehensive and quality care that promotes their full development and inclusion in society. In Mexico, it has 22 Rehabilitation Centers, 1 Autism Center and 1 Children's Hospital for Cancer, located across the country, and around 600,000 patients with disability, cancer and autism conditions attending since 1.999. It is part of ORITEL (The International Organization of Telethons), the integrating entity of 12 American countries (including the United States) that nowadays form part of the Telethon Organization which was created with the objective of providing and developing services of habilitation, rehabilitation and inclusion of children and adolescents with disabilities.
About Khiron Life Sciences Corp.
Khiron is a leading global medical cannabis company with core operations in Latin America and Europe. Leveraging wholly-owned medical health clinics and proprietary telemedicine platforms, Khiron combines a patient-oriented approach, physician education programs, scientific expertise, product innovation, and focus on creating access to drive prescriptions and brand loyalty with patients worldwide. The Company has a sales presence in Colombia, Germany, UK, Peru, and Brazil and is positioned to commence sales in Mexico. The Company is led by Co-founder and Chief Executive Officer, Alvaro Torres, together with an experienced and diverse executive team and Board of Directors.
Visit Khiron online at investors.khiron.ca
Linkedin https://www.linkedin.com/company/khiron-life-sciences-corp/
Yes we are. Just make sure to take your profits on the excitement. Even the best companies drop after the news
The risk premium for it being illegal federally is still in play. The commoditization will come with normalization. The folks who are true artisanal growers will continue to command a higher price but when the industry is all CPG the crop will be properly valued.
Coming in to tax season. Folks fully invested will sell losing stocks to pay the bill and use the loss against gains next year.
Thank you for sharing your calculations
This girl gets relief from the products Aleafia offers. This is why I am invested in this wonderful company! They relieve intractable pain and misery.
Thank you for the info
Cannabis cures and helps many things. You are so stuck in your view of what a cannabis user looks like. Any mammal is a potential cannabis user. The price for raw herb is going to drop (for all except the most premium quality) People want the benefit without the mess and drinks are going to become the normal way to have weed. You are able to grow your own. You will always be able to get it the way you have in the past. This industry is just making it available to everyone. It is going to get more and more popular and the plant is going to get cheaper and cheaper.
They are doing well these days that is for sure. I am avoiding cultivators and focusing on retail and brands and med plays. I still see it being a commodity crop in the near future. One of my companies grows trichomes in a vat. Bio identical to the mother. So many new innovations hard to know which ones will stick
Are they focused in the US? I thought the only thing really american about them was their name. The legislation will not really have anything to do with them as a company but any good news from the US will raise the entire industry
That is true. I find that the more compelling reason to be in the cannabis space. It is one of the few industries that has the potential to bring money and jobs and taxes to the economy and people are going to use cannabis whether they pay for it in crypto or gold or dollars. It has so much upside. Hard to watch the legislators play games. It should be done already. Just more time to accumulate. As the form moves from joints and bongs to cans and bottles and prescriptions it is exciting to watch!
That is what attracted me to this company. They are already producing in large quantity. Now they are expanding operations. To me it is the right product at the right time
How many of you and your “buds” are ponying up to do research on this plant? Crowd fund it and give the research away to the world to make it a better place or we get plan B. For profit companies doing the science because govt and people won’t.
Fair enough, they are offering a comparative premium of 16% for cc and it makes a bigger company therefore more competitive over all. I look at cannabis like the auto industry’s early days. I am patient and I have preferred CC over the big guys. The synergy can be very beneficial. I did very well when Tweed bought Doja and mettrum. I got skunked on the arbitrage on acreage. Constellation screwed up the flow when they fired bruce
Still a secret I guess
It amazes me this has not lit up on this epic news
I am out of Cura and all the big MSOs right now all but cc. Not because of Ukraine or because of their teams. I am out because I see the same stuff happening with these companies that happened in Canada. A few big names get all the hype. Yes they are making sales for sure. The burden of the tax structure and the fed’s stupid policies are a drag on the whole sector. The big to do about building grows to fulfill these silly interstate rules makes the first movers spend an enormous amount on assets that will be liabilities as soon as interstate opens up. I think the majority of this commodity will be imported or at least cropped in fields as inputs for next wave of products. That coupled with the books having crazy amounts of “goodwill” just like the Canadian side. There will be a very robust industry in cannabis but it is an ingredient. The bud grown lovingly by master growers will always command a premium. The rest will be ingredients for CPG products that will be used by people who do not even know they like cannabis yet. They will not ever roll a joint or pack a bong. They will discover it in a discrete format like a drink or a vape. I think the guys who rushed into this next great idea will have a lot of competition from companies that have taken a more strategic approach rather than casting a wide net and hoping to catch something. Jmho
My question is, what are the terms? Who is the lender? Nobody just gives a random company millions if dollars. It does not give terms of the interest just that repayment tacks on the outstanding interest from October. What am I missing?
Growing their own commodity works if they have a spectacular grower who can produce great bud and interesting varieties. Then they can command a higher price. At the end of the day cannabis is a commodity and it is hard to grow well at scale. Many corporate types are finding that out. The glut is still here I think. I do not understand wanting to build a business just to get bought out. If the aspiration is to be in a big company why not just buy their stock instead?