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New Chairman of Board for FITX.
http://www.gssintl.com/CEO.html
Hee, heee. Going to be a wonderful life.
http://www.huffingtonpost.ca/2014/03/30/medical-pot-prescriptions-doctors_n_5059289.html
Here it comes. The market about to blossom.
http://www.huffingtonpost.ca/2014/03/30/medical-pot-prescriptions-doctors_n_5059289.html
BS, Facebook page is up.
Nobody can sell to the US. It is FED illegal. This is about Growlife safely crossing the "green line" to get a share of the real revenue (25% of Cen Bio) in exchange for helping Cen set up its operation. Crafty deal for both parties involved.
Thanks for clarification. Go FITX!
Good luck with that.
I am a 420 Investor, it is well worth it. AB is tireless covering the sector, and provides updates on important tickers once, twice, sometimes three times a day. He also gets access to key players in the industry and invites members to listen in. Well worth it. After one month, I bought a year.
FITX video up on Facebook. Growlife and FITX building out together.
1.3 million lbs, 454 grams/lb, $5 gram (very conservative, I was just in Denver and grams were $22)=$3.025B annual revenue. Numbers play out. Why scam it when you can just do it. Go FITX!
This stock is off the wall nutty!
I just paid a visit to a company that makes grow containers (they take shipping containers and retrofit them with grow lights, etc to create a controlled grow environment). Sounds like a great way to jump start production for this year while expansion plans are executed. I happened to learn that this company is filling an order for 30 of these units to be delivered to Ontario. Hmm, could it be???? Or maybe it's a competitor? Hope is for FITX!
Now its back down to .075. That was bizzare!
my etrade says this is up 300+%. Huh?
wtf??? holy jeez
Alan Brochstein said he heard indirectly from Bill, and they are trying to connect. This would help stabalize the stock if Alan was brought into Bill's plans. Got FITX
Alan Brochstein said he heard indirectly from Bill, and they are trying to connect. This would help stabalize the stock if Alan was brought into Bill's plans. Got FITX
This is game changing. And the government hasn't stepped in to voice its position on the debate. Radio silence=they are looking for a way out. They want to be overrun by public opinion.
My guess, Obama grants clemency to all minor pot offenders as his exiting act as president.
Multiple newly released videos of site.
https://www.facebook.com/bill.cenergy
I can confirm. I think it would go a long way if Bill got on the phone with Alan Brochstein and had a transparent conversation. AB can have a massive impact on the health and stability of this stock, as he has a small army of small investors who listen to his guidance. AB feels the supplement business is full of scammers, and since that is the first thing he see's with this company, it is an automatic red flag.
I think a lot will have to do with their export business. I have questions about that. If they export will it strictly be to supply medical MMJ product, or could they also supply recreational to other countries as well? For me the primary short term prize is the built in Canada medical MMJ market. The secondary prize, maybe a bit further out (1-2 years) is possibly the biggest opportunity-- supplying the US recreational market. As we already see in Colorado, demand is high and supply is short. With the US Federal government taking a wait and see approach, and not making any promises, major US grow operations would be taking a big gamble. The beauty of the FITX potential is that is insulated by Canadian regulation. And a license from Canada Health is a perfect hedge to risk.
If US federal gov't doesn't re-classify, and FITX gets licensed and can export to supply recreational US markets, I think we are talking considerable $$.
But, first things first-- show evidence of building out grow operation in Windsor-Essex. And moev with pace.
Go FITX, LONG AND EXTREMELY STRONG!
From Bill on FBook
"There is a small, and I mean a small minority that think this project isn't real. IT IS VERY REAL! When we present at Arcview next week there will be NO doubters. They are just background noise. Our team is unbeatable. And for those who worry about the share structure, most shares could have had their share restrictions removed and been sold by now... Some almost a year ago. These people see the bigger picture and most are in for the long haul. The share structure from the financials are already factored in. Restricted certs have a one year hold. And on average a 3 to 6 month deposit time"
I'd like to know if they have built a fence around it yet. Is there busy work going on around it? I plan to drive up in 2 weeks to check it out myself.
A little more about Canada's current MMJ supplier.
http://www.leafscience.com/2013/10/25/5-myths-canadas-oldest-medical-marijuana-supplier/
From Health Canada website (http://www.hc-sc.gc.ca/dhp-mps/marihuana/about-apropos/supply-approvis-eng.php#order)
"Under the Marihuana Medical Access Regulations, Prairie Plant Systems Incorporated (PPS) is Health Canada's supplier of marihuana for medical purposes, until March 31, 2014. The company is based in Saskatoon, Saskatchewan, and has several years of experience with plant-made pharmaceuticals and new agricultural crops.
Under the current terms of the contract that PPS has with Health Canada, the company has:
set up and operated a marihuana growing, processing, fabrication and storage establishment;
conducted laboratory testing and quality control of marihuana throughout the product's life cycle;
fabricated, packaged, labelled and stored marihuana material;
conformed with the requirements of the Next link will take you to another Web site Controlled Drugs and Substances Act, including stringent security measures;
distributed marihuana to patients and researchers."
You can see it here. Scroll down to Creative Edge Nutrition. I googled it, and it may be its old ticker symbol.
http://www.marijuanastocks.com/content/list-marijuana-stocks
I think there other business is a distraction. I imagine a lot of investors look into FITX for an MMJ play, and see nutritional supplements, and say, "what." In a way it discredits the company as unfocused. Doesn't bother me much, though. Just means it will take some longer to see the woods from the trees. IMO
Why do they list it as FITXD? I also google FITXD, and there are mentions of Creative Edge Nutrition... Anyone know?
Check it, Crain's business article on FITX.
http://www.crainsdetroit.com/article/20140112/NEWS/301129975/firm-looks-to-light-up-pot-sales-with-canadian-unit
Why is Cannabis.org suspended?
Here is what I sent them.
I’d like to strongly suggest that FITX should be considered an industry definer in the emerging cannabis market. Driven specifically by the latest news about Cen Biotech, the company's subsidiary in Canada. Not sure why people haven't connected the dots on this yet. Canada Health is prepared to give this company a golden ticket (license) to grow marijuana legally in Canada to supply Canada Health’s medicinal MMJ market. True it will not be the only licensed supplier, it is the one with the most aggressive ramp up plans.
Canada is trying to discourage personal grow set-ups in the country, because of concerns related to crime, house fires, and of course tax evasion. As of the Spring 2014 this will become law (http://www.hc-sc.gc.ca/dhp-mps/marihuana/transition-eng.php). This essentially transfers all production to centralized producers, of which FITX is a strong candidate. FITX’s infrastructure investment will help lift the economy of Lakeshore in Ontario, close to the border with Michigan in the US. Through it’s partnership with the town of Lakeshore—a community with strong Agribusiness roots, and border security—FITX plans to produce 1.3 million pounds of MMJ per year. With 454 grams per pound, and a retail cost between $10-$15/gram, 1.3 million pounds adds up to a significant revenue forecast. In addition, Canada would allow licensed producers to export to other countries, legally.
Since the governing body in Canada is authorizing this, while the US federal government has not yet officially approved medical MMJ or the export of MMJ products, this company’s risk profile is substantially lower than US based MMJ companies. The only thing preventing CEN Biotech’s getting the license is if it fails to achieve the standards that Canada Health has established for security and quality control. With a $12 million investment, a large grow facility location (58000 foot wharehouse), and law enforcement/security partners as part of the Lakeshore community team, they would have to be pretty incompetent to mess this up. With the size of the carrot dangling in front of them CEN Biotech should be eager to dot their i’s and cross every t. The CEO is also a licensed attorney in both the US and Canada, so I am confident he knows what he is doing.
Thank you for your consideration.
ok, thanks. maybe my connection is down.
I don't see any buys/sells going on now for 5 mins... what is up? Any one know?
I'll be overly brave, and make an outlandish call--- $1
Canada Health ok to build means FTIX has a golden ticket. Provided they build their operation to the standards Canada Health has established, this stock is going to skyrocket. 1.3 million pounds produced a year of medicinal grade MMJ. Sells now for $10-$15/gram. There are roughly 454 grams per pound. 454/lb X 1.3M pounds.... you can do the math. Astonishing that few have picked up on this yet. Permission to export as well... Canada more liberal MMJ policy..., and desire to establish centralized production and take the home grower out of the picture (quality control, fire hazard, taxes). This stock should be in dollar-land now! Giddy, and can't sleep, and so excited for opening. Good luck folks.
FreeGreen
yes, sorry. Typo. That would make it way too good to be true.
So just think of the populace still on vacation who will hear about this and jump in on Monday!