DD should include the tutes that added and created positions last Q. Some huge buys today, more tutes loading. $7,$5,$4,$2 million dollar buys.

I'm going to say Sony and Apple.

The disheartening fact about this deflated share price is that there is no insider buying. Amount of stores has more than tripled near term and sales keep dropping.

Out with the old in with the new. Q3 results will tell the tale of the tape.

Where did i say they don't want a 25-30% strain? I come from a stance of being a seasoned smoker. How a plant is cut and dried plays a lot into it, along with the terpenes. I've had high teen % weed that has gotten me higher than 28-30% weed because the high teen was cut and dried right compared to the 28-30. A 20-25% weed is good weed. Purple Kush, Northern Lights, Sour diesel all at some of my regular gets, along with my 76% vape.... I'm doing just fine.

What ever. If you want to plant someone in the couch you can get 28%-30%. I smoke a lot of weed and even I don't want to be that high 90% of the time. The ranges they are producing are very acceptable. Sour diesel for instance is 18%-25%. Now if you are implying sour diesel is crap weed, you lose all credibility.

This thing is just red nearly every day. The only news you hear is analyst price cuts, someone cut the grass in a cool design, share offerings. There is nothing for current and potential investors to hang their hats on. Where's the product innovation? Shampoo, bar soap, products to limit plastic waste ie. Hemp straws, plates, cups, to go containers, shopping bags etc.

I'm long cweb. I'm not saying they need to flood investors with fluff PRs but they need to communicate with current shareholders more and at the same time make the news interesting enough to draw in new investors. It can't just be..."were waiting on a FDA decision". They need to portray to investors how they are going to grow revenues in the event that the FDAs guidelines do not favor the CBD industry.

IMO

Takes months, not weeks, to delist with extensions. Nice fear mongering. Sad

Oh no... Not "we"

Ugly numbers. Company is showing that it is not run well. Dilution continues and losses continue despite record mmj sales in Canada. Time to jump ship.

Sad that they put Levin as CEO. A once elevated brand has become a sad shell of it's former being. An IPO is looking like a pipe dream. The only way it seems possible for pre-IPO investors to recover investments is for a reverse merger to take place. Many of their recent pending acquisitions hinge on the company going public. With no public happening, bankruptcy is around the corner. Company is in debt up to it's eyeballs.

Fake as hell.

Grabbed more at 3.54...

Not too much forward thinking if they are just now realizing consumers want higher THC strains. I'm a share holder and plan to hold for a long time, but this is ridiculous. Record breaking months for mmj sales in Canada and we are warned of a decrease in sales. Plus finally a realization that people want to get super high when they smoke..... Brilliant.

A time when all you see are stories of improved sales across Canada, OGI had to warn about declining sales and impairments. Wow. This will no go well at market open Monday.

The offering is for one share and one warrant for $1.20. if they choose to convert the warrant to common stock they would do so at the cost of another $1.20. If buying common stock would result in a greater than 4.99% holding, they have an option to buy a prefunded warrant for $1.20 which would also have an additional warrant attached to it that could be converted @$1.20.

If you read the filing in their proposed California dispensary LOI, they stated that once they go public the will forward split 12:1 and raise authorized shares to 1 bill, think it was 1 bill... Been a while since I read it. Either way, they plan on diluting often IMO. Their debt is insane. Stock will IPO into a death spiral.

Had to scoop some 1.20s today. How could you pass that s up.

Scooped some @1.44

Or we understand the company, have been around young sectors before, understand there are bumps in the road, realize the whole sector is down (not just OGI), have patience to give the company ample time to grow, take opportunities to buy at these levels (and lower), don't put all our eggs in one basket, invest money that we are willing to lose.

Patience is key. Emotions have to be left at the door. Emotions ruin a trade. If you don't have a plan going in, emotions turns into you plan. Plan your trade, trade your plan.

Amazing the lashing OGI gets. But in good days there are sellers even when the sellers weren't public buyers. Hard for a seller to claim the sell when the buy was mysterious to the public. I guess the institution wants to portray, to it's potential would be buyer of rhetoric, that it's knowledge is above any would be newbie with green skills.


Good day indeed.. Good trade bud

Thanks for the advice kid. Think I'm good on life lessons.

There also has to be a footnote denoting that payment was or could be received for submission of write-up. Some kind of disclaimer that money may have passed hands for services rendered... Have you seen any of these?

"Impressive the preparation OGI is doing for the edibles and oils launch. Acting now rather than reacting later is a good sign this is a solid company."


Waffle

To quote a some one that thought he knew what he was talking about, but now wants us to believe he knows what he's talking about:

"Impressive the preparation OGI is doing for the edibles and oils launch. Acting now rather than reacting later is a good sign this is a solid company."

Waffling in a new growth sector makes one look inexperienced and impatient.

Bye Felicia

If you look at Canadian regs, I believe they cap vape content at 65%.

70 is not a high RSI. RSI doesn't set up to be bullish till 55-60.

Everyone knows the drill.... Short and get paid, short term of course.... Clay has spoken

"Give this guy a chance"

Frankly "this guy" has had endless chances:

Pay app
Golf beer cart app
Cashless ATMs
Digital signage
Daily fantasy sports
Weed connect
Cuban cigars


Man been so long that I've looked into this stock that I forget some of the scams Greg has tried to scam investors with. Been trying for about a decade with SING... Trust me... Guy has been given chances and all this company remains is a share selling company that helps the inner clan to live high on the hog.

Isn't there a 66% cap on vape liquids in Canada?

Something is happening. Mar 20 2020 $5.00 calls are up with heavy bid support. Haven't seen that many on the bid in a long time.

The Mar 20,2020 $5 calls I picked up at .10 are looking pretty good right now.

Thankfully a shelf offering doesn't have to be used in it's totality. If they need it for cap ex they'll probably do it in tranches of $30-$50 mill. If they decided now is a good time to purchase assets the amount offered may be considerably larger, pending the purchase. Let's hope it gets used to buy assets at these lowered valuations. Let's actually hope they don't need to draw on it.

Saw someone touting this on Twitter... Man what a turd this company is. Why someone would call attention to this is beyond me.

You put a valuation of 3xs earnings on CWEB? Wow, I don't think you know how to put a valuation on a company. You might want to pack it in and buy a mutual fund.

Q over Q is flat. For a growth sector that isn't pleasant.

Yes. Which won't be bad if what they use it for is an acquisition that improves revs.

I'm just hoping they don't need it and if they do it's for acquiring a profitable to near profitable company.

It's a shelf offering. Meaning if they ever need it for acquisitions or cap ex or whatever, they have it filled and can draw on it immediately.

This is a sector that is going to go thru a consolidation period. Looks like they are planning to acquire then be acquired?

They may never draw on it. It's there till it expires or is used.

I swear I heard a radio commercial about Plus CBD. Did I mishear the brand or is this company rolling out a national/regional radio marketing campaign?

These are great prices. If you're an investor these levels are great to either start our average down a position. If you're an investor and want a partial position to take with... Scoop em. I see low 9.00s as bottom basement, ~10% dip from current levels. Want to increase position by 50% but I don't want to try and get too cute attempting to call bottom with RSI being oversold. Will probably add tomorrow morning if it dips to open.