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I think that's what the company meant when they mentioned something about the mitigation of CW shareholder risk(cost) by doing the AJA001 trials and development through Ajna. Maybe if/when Ajna has raised enough capital and gotten far enough in some trials, then going public through CW might make more sense at that time. You know they really have done pretty well at keeping the number of Shares Outstanding within reason. Since the IPO in 2018, the OS has only increased by 50%. That's very good for any OTC stock. The Float is still around 130mil. If the upcoming Farm Bill goes well, and dollar volume picks up, the stock price should be able to move up pretty easily. Lots of shares stacked on the ask lately though...
https://www.otcmarkets.com/stock/CWBHF/security
Well said and agreed!
If so, that's too bad. I sent their IR an email a long time ago asking them to take advantage of being in Colorado with the new psychedelic laws. This was well before we ever heard anything about Ajna. I'm pretty sure I gave them the idea lol. Maybe if Ajna ever goes public, it can do so through CWBHF. I wont hold my breath, but that should be a possibility. Don't worry, I wont start posting links to all the different kinds of possible triangular reverse mergers on investopedia and all that lol.
I mean you can't just show me the founder of CW with all these shrooms and a DEA license and not expect me to want it for CW...
https://www.greeleytribune.com/2024/01/10/ajna-biosciences-psilocybin-microdosing-drug-development-littleton/
https://www.federalregister.gov/documents/2023/12/18/2023-27707/bulk-manufacturer-of-controlled-substances-application-ajna-biosciences
What I would really like to hear from CW is that there is a deal with Ajna for not just AJA001(Full Spectrum Prescription Cannabis), but also AJA002(Prescription Psilocybin).
https://www.ajnabiosciences.com/our-work
https://defloria.bio/
https://finance.yahoo.com/news/defloria-llc-commences-phase-1-110500742.html
Well said and agreed. I've said the same for a long time. It was funny to see how crypto was initially marketed as anonymous when it was clear that it was anything but that. It's surveillance disguised as money. Which is why it's used to trade and track guns and drugs, but is not great for cars or food etc.
ATTBF was my second biggest winner in 2014. They made it through without a suspension unlike many others. They seemed like they would do something legit in Canada, but alas...quintuple zero one lol.
Ha, you bring back memories. Zazzz lol. I forgot about that name for the machines. There was so much more volume in the entire OTC back then. OTC is very boring these days. Crypto stole a lot of volume. I think if OTC Markets and the SEC, FINRA, etc improved the disclosure reporting and made things less risky then volume might return. I think most people are fed up with the lack of accountability to shareholders(no restitution if scammed) in all OTC stocks, not just cannabis stocks.
ERBB was my biggest winner in the 2014 runs, but I did not expect to see it still here today. GRNH, MJNA, PHOT, ERBB were the original four horsemen back then. The SEC brought the 2014 runs to an abrupt end, and some companies were shut down forever. ERBB made it through though. I remember when this stock had something like a $500million market cap with a few thousand in cash and no revs lol. Those were the days of high adventure...and volume. It's amazing it's still here. Even GRNH is no bid now. It seems MJNA did the best over the past decade.
If the SEC had given cannabis stocks even 1% of the leeway that they've given crypto(their own scam), then few people would have lost money in 2014 or beyond. Everyone was just too scared to play big after the suspensions though and dilution became the more dominant force. Ironically, "Glowie" used to be 4chan internet slang for a Fed posting on a message board.
Vice is the Feds. Anyone who lost money on cannabis stocks in 2014 lost money because of the mostly unexplained SEC suspensions, not from pumping and dumping. There was plenty of that to come later, but retail's dollar volumes were way too high every day for it to hurt anyone. The damage was entirely caused by the SEC and the people who work as rats for them. Everything kept going way way up until the SEC suspended 11 or so tickers at their tops to purposely cause maximum damage to shareholders. Everyone just had to watch the no bid no ask for ten days. I think PHOT was the only ticker that really had a thorough explanation for it's suspension. The Feds and their servants have used cannabis laws and cannabis stocks, as well as the allure of federally legal hemp, as weapons to damage farmers, investors, advocates, entrepreneurs, and many other people.
"DEA Rehires Agent Fired Over Positive Drug Test From CBD, Agreeing To Provide Back Pay In Lawsuit Settlement":
January 29, 2024
https://www.marijuanamoment.net/dea-rehires-agent-fired-over-positive-drug-test-from-cbd-agreeing-to-provide-back-pay-in-lawsuit-settlement/
"Technology Transfer" lol..."Patent No. 6,630,507: Why the U.S. government holds a patent on cannabis plant compounds":
August 28, 2016
Oaksterdam was offering grower classes in Michigan back then(2010-2012), and a relative of mine went through the program. He heard about the first pot stocks and got to get in on the 2012 pot stock runs when the first ever hemp/MJ tickers showed up. I was working as an engineer at the time and started trading in late 2012-early 2013. We even went through Clay Trader's courses. We swore that the existence of four Federal Medical Marijuana patients and the Fed's now expired patent 6630507 were gonna lead to the Feds rescheduling cannabis...still waiting lol...a DECADE later.
"4 Americans get medical pot from the Feds":
September 28, 2011
https://www.cbsnews.com/news/4-americans-get-medical-pot-from-the-feds/
I remember a private CBD company back in 2013-2014 called "o.pen.vape" and I see now they are still around. I believe they were headquartered in Canada, but their skinny black pens were the first pens that people used in the U.S. to vape CBD Oil. I remember going to a conference in UP Michigan in 2013 and even met a guy from the old MJNA team. Everyone had an O.pen! It's a fun memory because everyone there was so excited about the new concept of being able to vape CBD, even if it was refined from the notorious barrels of European hemp paste back then lol. O.pen.vape was a huge producer of oils for years but seem more focused on Delta-8 right now...
"O.pen The O.riginal Cannabis Pen"
"We started extracting cannabis oil in 2010 and haven't stopped since."
https://www.leafly.com/brands/openvape
https://openvapeshop.com/
https://openvapeshop.com/products/delta-8-thc-vape-pens
Private companies have always been the bulk of the Hemp/CBD market going back a decade, especially before CWBHF went public or TLRY bought Manitoba. The public ones were just the easiest to invest in, not necessarily the biggest or best. CWBHF ticks all the boxes. It's the market share leader with 2-3% of the total. So, you can imagine how much of the other 97%+ are private companies...
https://www.zippia.com/advice/largest-cbd-companies/
Monas...the gift that keeps on giving...
Fwiw, I'm not trying to claim that Lindorea will benefit the company at all at this point. I have no idea. I am just trying to make a point about the benefit of 1% THC.
Check it out...Here is further proof of what I was explaining about the potential for these kinds of strains. These guys pushed Lindorea even further, to 1% THC, and lo and behold...22.06% CBD...(some might say 24.88% CBD+CBDA)
https://hummingbirdfarms.wixsite.com/botanicals/product-page/lindorea-cbd-pre-rolls
Btw, this is where I got the COA from for Lindorea. These guys are selling it for $75 per ounce...
https://backbonehemp.com/services/lindorea-cbd-strain/
For instance, a 1:1 CBD:THC strain at the dispensary will pretty much always be around that ratio. Harvest sooner for lower totals or harvest later for higher totals.
The increase in CBD from the increase in THC wont be the same for all strains. Only strains that have been bred for high cannabinoid content will be able to break into the 1% THC/20%+ CBD range. What will remain mostly constant is the CBD:THC proportion that is established in each strain's genetics. Flower longer for more total cannabinoid content, but you still have a sweet spot window for maximizing terpenes. After the sweet spot, terpenes star to drop quickly.
Well final potential CBD is listed as 13.34% but CBD+CBDA=15.18%.
I wont go on about genetics today as I don't know what their plans are for seeds, strains, or breeding. However, just to present the proof in the pudding regarding what happens if/when THC limits go to 1%, you can see these guys grew Lindorea past it's .3% harvest window, and as I explained before, the CBD increased in similar proportion...when they let the THC go from .3% to .6%, the CBD goes from 7-8% to over 15%...
https://backbonehemp.com/wp-content/uploads/2018/02/LINDOREA-COA_Potency.pdf
"Hemp Seed Meal for Hens Gains Recommendation for Federal Approval":
January 25, 2024
"Hemp Industry Rallies For Higher THC Limits, Urges FDA For Rules & More Pot Updates Across US":
https://www.msn.com/en-us/money/other/hemp-industry-rallies-for-higher-thc-limits-urges-fda-for-rules-more-pot-updates-across-us/ar-BB1hfeZS
Moral of the story today is if Feds triple the THC limit for hemp, they will pretty much be tripling the amount of CBD per federally legal plant that's attainable as well. So, theoretically if CW can grow 1/3rd of the number of plants for the same cannabinoid content, they should have reduced costs, higher quality, increased effect, and much less work to do as an operation, aka more time to work on other parts of the business.
In Q1 2020 and Q1 2019, they had 21,463,000 and 21,700,000 in revs, so the zoom info could be approximate and could just be referring to back then. Not sure. I know they did a Lindorea giveaway when it first came out too, so I'm not sure if CW Hemp Supply is doing something going forward or not. Either way, it will be cool to see what CW can do with their breeding if THC goes to 1%.
Maybe it's old financial data? I don't remember a quarter for CWBHF with $20.9million but could be wrong. The CW hemp supply website isn't visible, so I don't know what to make of it. Maybe I'm just looking around too much.
I would like to know more about what CW Hemp Supply is doing and if this zoom info is correct...
"CW Hemp Supply: Revenue $20.9 Million"
https://www.zoominfo.com/c/cw-hemp-supply-co/538654753
"CW Hemp Supply: Revenue $20.9 Million"
https://www.zoominfo.com/c/cw-hemp-supply-co/538654753
Ha! Thanks. Sorry if I showed up without much energy at first. Been recovering from not feeling well. Am getting back in the swing of things. Thanks for the welcome! This industry has not been allowed to reach it's full potential at all. Hopefully it will.
CW's patented LINDOREA seed parameters were stated in the same patent as KIRSCHE...and growers are using and selling them...
CW's patented seeds, KIRSCHE, were pushing the envelope...
This other patented CW strain, CW1AS1 was stated to be around these parameters with an approximate measurement range that results with the overall ratio again around 26:1...
Total CBD content: 5-8%
Total THC content: 0.2-0.3%
Average Total CBD:Total THC
(ratio) = 20:1-35:1
Total CBD:Total THC (ratio) =26:1
Total CBD content: 6.68%-7.32%, if harvested in target
maturity window. Total THC content: 0.20%-0.27%, if harvested in target
maturity window.
https://www.freepatentsonline.com/y2020/0267920.html
To clarify the thought exercise, it's your actual marijuana plants that would be capped at 8.4% THC, and then you have to go make finished products from that like edibles, tinctures, concentrates. Most THC users like to have flowers of 20-30% THC for any of that kind of stuff. Using 8.4% THC plants as a raw material for edibles and concentrates would almost be like trying to squeeze blood from turnips(old saying), but that is what .3% THC has lead to for the federally legal hemp industry. They will have a much easier time making better products with a 1% THC limit.
For instance...CW's first patented hemp plant, CW2A, had been stated to be around these parameters...
Easy thought exercise...imagine how hindered the marijuana industry would be if THC were capped at 8.4%. People would just go back to the black market. Allowing CBD hemp plants to reach their full potential will make federally legal hemp products and their production better in just about every way.