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From The Jerusalem Post
Does marijuana help sick recover from coronavirus?
The hospital is now recruiting patients to participate in a more extensive study to explore CBD’s effect.
By JERUSALEM POST STAFF MARCH 2, 2021 14:27 Email Twitter Facebook fb-messenger
A woman smokes during an event marking Israel's government's approval of a new policy to decriminalize personal marijuana use in Tel Aviv, Israel February 4, 2017 (photo credit: REUTERS/BAZ RATNER)
A woman smokes during an event marking Israel's government's approval of a new policy to decriminalize personal marijuana use in Tel Aviv, Israel February 4, 2017
(photo credit: REUTERS/BAZ RATNER)
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A research team at Rabin Medical Center at Beilinson tested CBD cannabidiol on a group of 11 patients in serious condition with the novel coronavirus and found what they claim could point to promising results.
Out of the 11 patients, 8 saw improvement in the infections they were suffering from - and which are known to cause death in COVID-19 patients – leading to their release sometime between seven and 30 days later. The other three patients died of their illness.
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The researchers led by Dr. Moshe Yeshurun, head of the Bone Marrow Unit at the hospital, stressed that the findings were initial and too limited to derive a concrete conclusion about cannabis’s influence on the term of the illness but that the findings did justify continued research with a larger group of COVID-19 patients.
Yeshurun and his team decided to test CBD on COVID patients due to the success they have seen in reducing infections in patients who have undergone bone marrow transplants with CBD. Patients who receive bone marrow transplants are at risk of developing complications when the transplanted cells from the donor identify the recipient as foreign.
This can trigger a reaction that leads the donated cells to attack the patient who received the transplant. Yeshurun and his team have found that Cannabidiol minimizes that risk.
“After giving the cannabis oil we saw a drop in signs of the infection and this is definitely encouraging and gives a foundation to continue the research,” Dr. Iliya Kagan, head of the hospital’s Intensive Care Unit, said of the recent study on coronavirus patients
Kagan said that after the oil was administered the decline of some of the patients – who were all in serious condition – appeared to stop “although it is still premature to determined with certainty that it is a result of the cannabis.”
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Kagan said that the hospital is now recruiting patients to participate in a more extensive study to explore CBD’s effect and if it will support the initial optimistic findings.
BTW, iHub board, I heard from Chuck yesterday and he says he's very close to 100% again post-Covid. He appreciates all the kind wishes and thoughts.
Stay safe all.
From recent press release.
"we will announce high level Q1 2021 results in April 2021."
And there's the rest of my order. Thank-you ladies. I'll just tuck those away with my others and see what the coming year(s) has to offer.
Got a taste at $0.735
Who'll sell me the rest?
HD is in the buying mood again today. Limit order is in.
I suspect the actual numbers will be coming soon.
Clone:
Overall I agree completely with your observations.
"Simply adding more supply isn't a positive move if the market will contract and demand slows. That's all I see them doing now."
The key word in this statement is "if". If is a big word. My father-in-law used to have a saying about "if". He would opine that "If I had a square a$$hole, I could $hit bricks." Crass I agree but none-the-less, effective in illustrating how big a qualifier "If" is.
I agree with you, If NGW were having any difficulty whatsoever in selling it's products, expansion would make no sense at all. But reality is exactly the opposite. They can't grow it fast enough. They can't make gummies or sauce-carts or pre-rolls fast enough. They are CONSISTENTLY sold out weeks in advance. Not occasionally, but consistently.
There is absolutely ZERO indication that the market will contract or that demand will slow. Instead, as the brand gains recognition, demand will increase.............and that is for years and years to come. Why? Because they grow the finest cannabis in the world. Period.
There was a time in the not-too-distant past that people would NEVER have paid more then $0.10 for a cup of coffee. Little did they know that what they were drinking was just one step above swamp water. Now they willingly stand in line for 30 minutes to pay $4.00 or more for a coffee from Starbucks. My point? Once consumers are exposed to high quality products, especially when those products have to do with their leisure of pleasure time, it is almost impossible to go back.
One simply can't compare black-market skunk weed with the best of the best cannabis NGW is producing.
I predict that when the new facility is on line and operating at full capacity, they will STILL be sold out weeks in advance. THAT'S how good their products are.
LOLOLOL!!!!!
Yup, explain to me how the United States Government has been able to rack up Trillions in debt and still has access to a check book? The difference however is that the government can keep printing money. The only way a company can "print money" is through issuing new shares. Dilution.
And many of the "Big-Boys" haven't ever, ever, EVER turned a profit and yet the market heaps lavish valuations on them. What's wrong with this picture???
Next Green Wave Announces 12 Consecutive Months of Profitability
7:45 am ET March 1, 2021 (Newsfile) Print
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company") is pleased to announce the following operational and financial updates:
For each individual month between March 2020 to February 2021, the Company operated with positive cash flow, and achieved both positive Adjusted EBITDA* and positive Net Income (the "Milestones"). As a result, It has now achieved these Milestones for 12 consecutive months.
On February 16, 2021, the Company submitted the full application (the "Application") to the City of Coalinga (the "City"), for all required local cannabis licenses on its 50,000 square foot premium indoor facility ("Facility B"). The Company is working with the City to get the Application approved at the next planning commission meeting, scheduled to be held on March 23, 2021, and subsequently the City, which has scheduled a council meeting on April 1, 2021.
Once the Application is approved by the City, the Company can begin the process of acquiring building permits to commence construction at its discretion. This timeline is consistent with the previously announced schedule from December 2020 (Click HERE for the press release).
Good find, Pete. I especially like that NGW is up 1,075% over the past 12 months. But of course Clonescheister “Has done better elsewhere” during that time. Yeah, right.
I’m staying put. Should hear some preliminary sales numbers for February next week.
Donkeys are incredible animals Bridget. They will work forever and are incredibly affectionate and loyal. Also great guard-dogs.
A donkey is fine in my book!
While I disagree with your conclusions, Clone, both your posts are well reasoned and carefully laid out. Not sure where you copied it from, but you should consider giving credit when posting somebody else’s work. Never the less both were good posts.
Just the same, I’ll ride this pony for awhile.
See you at a buck.
Another way of looking at this is, just IMAGINE how much NGW would run if not for this very stiff headwind fighting the broader market! The sector has been in a sell-off yet NGW has been holding its own.
One more trading day this month and then I expect Mike will release sales figures next week for 02/21. Every indication is that they will continue to show an upward trend on both the top and bottom line.
Very soon, you won't be able to touch this for less than a dollar a share.
Pre-market offers indicate we'll be North of $0.80 at the open. Let's see how it plays out.
I fully understand the internal struggle you speak of, Harpo. I try really hard to stay diversified but I have to confess that I've violated a few of my "inflexible rules" when it comes to NGW. For one, one of my inflexible rules is that I never want to have more than 10% of my entire portfolio invested in any one security. 5% is even safer. But I've blown that one to pieces here.
But I still wrestle with positions and diversification and balance. Then too, I always have to ask myself what other security out there offers this kind of potential reward? Personally, I'm not aware of any. I'm sure there are, but I don't know what they are.
NGW has already rewarded me far in excess than any other investment ever has. And that's saying something cause I've made obscene profits on ACB, CGC, AT&T, Costco Wholesale...........but they all pale in comparison to what NGW has returned to me.
And as Mike says in every single email........."And this is just the beginning".
Filled at $0.78.
Ever-upward.
I keep raising my limit but it still hasn't hit yet. Kind of surprising on such a light volume day.
Correct. Currently they can't cross state lines. I suspect that will change within the next couple of years but maybe not. Even when decriminalized on a Federal basis, I'm betting some states will still fight legalization within their borders. And even in states where it is legalized, they may bristle at the thought of out-of-state product being brought into their state.
It is a complicated issue to be sure.
Well reasoned, Sam. Good analysis.
In a recent interview, Mike Jennings stated that he sees the company going coast-to-coast. I think he called it "Manifest Destiney in reverse, from West to East".
Gotta love a CEO who has a vision AND a road map on how to achieve that vision.
I'm a buyer again this morning. I didn't actually think my limit order at $0.72 would actually hit yesterday but it did..............so today I'll try the same thing.
Seventy-two cents today and Five bucks two years from now. That works for me.
Let them get Facility D well underway and I'll table it with Mike. If he allows it, I'm sure he will want to limit the numbers of people. But many of the investors on this forum are East Coast people and wouldn't make the trip just yet.
I'll keep you posted dob. I know there's other San Joaquin Valley residents on this board too. Strat is of course from Strathmore.
Speak-up others. Who'd be interested in a tour?
Remember though, I have no idea if Mike would be willing, but I'll ask.
I was fortunate enough to tour the fully operational facility in the summer of 2020. I was, to say the least, blown away. It's absolutely immaculate, almost hospital like in it's cleanliness. And it is stuffed from wall to wall, grow room after grow room, with plants of various strains in different stages of cultivation and growth.
Can't wait for Facility D to break ground. Once they do, I'd like to try and arrange an official tour of both sites for interested investors which can make the trip. Not sure if Mike would be receptive to hosting such a tour but I'd love to try. I think it would be great for investor confidence. Hopefully Covid will have waned by this summer and he will allow it.
Plus, I'd love to put a face to many of you.
BTW, where did you travel up from when you went to Coalinga? (I'm in Fresno so it's a short trip for me).
Seemingly locked in a really tight range between $.74 and $.75 USD.
Wow! Nice turn-around.
Just had a partial fill at $.72 USD
Just posted my limit orders for the day. Looking to add. Always on the prowl.
The spike in volume and price came for one reason...............and that’s because NGW is undervalued. Are there things going on behind the scenes which us retail investors aren’t privy too? Perhaps. But the underlying fundamentals remain unchanged. The company has the finest products available at any price, from any source. They continue to sell out entirely weeks in advance. They are an emerging powerhouse and are growing. Oh.............and they are insanely profitable.
These huge up-days have been long overdue.
Great decision on your part Cresus/Bridget. I’m having a tough time getting my limit orders filled. Been trying for three days now. Might have to just do a Market Order.
Opened with a gap-up of 13%. Nice.
There are few indicators which point to a nice run on the horizon like a nice gap-up. Enjoy.
With all due respect, I disagree. I’d much rather see them clean-up their balance sheet, pay-off debt and sell off losers than for them to raise the dividend. T already pays a very handsome dividend. When invested with a DRIP, that dividend is even more attractive.
I’d vote for leaving it where it is and.................CLEAN-UP YOUR HOUSE, T!
With a little effort, this could be valued 25% higher by Y/E 2021.
Just my 2 cents.
Yeah..........COVID is a weird one indeed. For some it’s just a speed-bump in life and for others it’s end of life. Glad you’re past the worst of it. Cigar smoke huh? You should advise the CDC! You could be on to something.
I just heard from Chuck via email. He is still wrestling with Covid and is having a rough time getting past it. But he assures me that he will be back "in full force" soon and presumably return to the board to offer his musings.
Throw-up a prayer for him if you get a chance. Covid is serious stuff.
BF: Taking out your initial investment at some point is a sound practice. That way, no matter what happens with the stock price, you won't TRULY be injured. The only problem then becomes: "Where do I put that money where it will do as well as, or better than, NGW?" I'm not aware of any others which hold more promise.
As for me, I keep buying. My only worry at this point is that I'm holding so many shares, it would take some time to exit the position should the need arise. Put another way, if everyone started heading for the door, if things turned south, it would be difficult to sell them all.
HOWEVER..........I don't see that happening. The company is just too strong right now. They are just too well managed. Great profits and growing all the time. Profit is King.
If I saw management behaving foolishly, if I saw they spending lavishly, I would be gone in a heart beat. But I don't see any of that. Instead I see careful, calculated and prudent behavior. I'm very impressed with management.
Bearing in mind that most of this is crystal ball stuff and that trying to predict the future is risky...........I personally do believe there will be a significant stock-market correction during 2022. Here's why.
Debt is a killer. It is a killer on a personal level and it is a killer on a corporate level. And there is no larger "corporation" than the United States Government.
Neither party is willing to address this monumental issue. But it has been widely reported that the National Debt currently sits at $28 Trillion dollars. Many more brutally honest economists peg that number at closer to $140 Trillion dollars.
Every person who runs a household knows that if debt is left unchecked, it will eventually reach a point where every single dollar brought into that house is spent JUST on servicing the debt. In those scenarios, reducing that debt can never, ever take place. I mean let me get this straight........the U.S. Government is at LEAST $28 Trillion in debt and they still have access to a checkbook? What are the strokes on servicing a debt of $28 Trillion? And what if that number is really the oft discussed $140 Trillion? Rest assured, the chickens are going to come home to roost.
That's on a National level. But what about personal debt? I read just yesterday that 90% of NYC residents can't make their rent payments. 90 friggen percent!!! It is reasonable to assume that the rest of the country isn't fairing any better. How long can landlords weather such a staggering debt load? And if they aren't paying rent, it is also reasonable to assume that they aren't paying other bills as well. The debt which is accumulating on a personal basis is nothing short of astonishing and it ought to scare the living $hit out of every tax-payer.
I believe with all my heart that we will see a really significant economic reversal during 2022.
How will NGW fare in all of that? The very last thing consumers will give up is the one thing which makes them feel good. During the 2008-2010 collapse of the stock market, alcohol companies and big tobacco didn't experience any reversal of fortunes at all. Alcohol sales actually increased. So.....I don't see a down-turn impacting cannabis companies at all. I think they are fairly recession proof.
I'm a buyer again this morning. Limit order is in. Yesterday's reversal was the signal I was looking for.