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Probably more about the fast track approval last week. Going to 40 is what the old longs are saying.
Product on sale officially today at Shoppers Online! Packaging looks great! Way to go Management!
Yea, it's tough to watch, especially when others are moving up. After the big move earlier this month, a new base is needed for the next leg up. The stronger the base, usually, will determine the strength of the next move higher. So I would imagine another week or two to consolidate with maybe a minor edge higher, then this should start to move higher and if the last quarter numbers are good,( first rec. sales) we shareholders should see the move up and beyond that 52 week high of $2.57 US. Once the 2nd quarter numbers 2019 are released in August there should be a solid 10K to 15K of product sold in the first 2 quarters. I would imagine that 8 Capital's price of $4.50 Canadian or around 3.40 US will be realized. Based on this math: Using the 10K lower end of the production, I have done the math.
10,000 X 1000 grams = 10,000,000. grams at an average at 5/gram (factors wholesale and medical pricing mixed) Sold between the months of Jan.-June, and using just the current production capacity of 136,000 Sq. Ft. that is already licensed, That's 50 million in revenue just for the first 2 Quarters. I am anticipating full production by sometime in Q2. So by the fourth quarter there could be at least double that based on full capacity of roughly 50k when Srathroy is completely built out. So there is another 100 Million. 2019 = 150,000,000 in revs is my prediction. This factors in that in 2019 not all the 50k will be available. More like 30k is my bet. I would imagine 30% would be the profit margin, even though Weed MD has about the best run rate of all LPS. so bottom line 150 million X .30 = 45 million. X that by a very conservative multiple of 15 and you get. 45 million / 120 million shares (warrants) you get .37/share X
15 = 5.62/share. That is exactly what i predict for WEED MD by Dec. 2019. ALL IMO GLTA>
Get ready for the next leg up IMO!
2 weeks of very nice consolidation. Too many fires in the pop to be at this level for much longer. I see 2 dollars US before 1!
Wow! Another super low share sale. This time from Avtar. What a joke. Well that was the last straw! Going over to Village Farms! GL TA. Never would have expected this. Completely discussed!
Looks good! Chart looks great! News soon and yea back over $5. $0 million oustanding shares this will move fast! IMO!
Force a squeeze and don't sell!!!!!!! In fact put a high limit order in so they cant borrow your shares!
Hold on to your shares!!! Dont flip for pennys make the shorts pay!
Trading just above book value, tons of cash on hand and will sell literally tons of weed next year. Warning!!!! Shorts cover now!!!!!
King of shorts, Citron, says it's going to 8! That means these shorts that are hanging in the game too long are going to get squeezed! 8 I'm thinking over $10!
FYI, US market closed tomorrow. Buy now and cover cuz could pop in O' Canada tomorrow!
Yea Ray from IR seems like a cool enough guy. Not a pumper. Seems realistic. Asked me what other cannabis stock would I buy if I sold EMH. Since EMH is selling basically at book value. Then we did the math together for 2019 Pure Sun Farms, and I again realized why I'm holding long term. Also talked about how Avtar is a main holder, like 32% of the outstanding and has relatives who are also holders and not too happy with Wagner's performance, hence, the boot!. I'm prepared to ride this drop out and know that 6 month to a year from now when EMH starts to sell north of a hundred million a year, just in flower alone, this stock is going to be north of $10. More like 20 IMO!
50,000 kilo grams produced next year for EMH at PSF and Agro. 50,000 x 1000 = 50,000,000 grams.
times that by $5/gram $250,000,000 in revs. Simple math!
I think their name says it all. Plus no risk no reward. Sure buy in 2019 when big sales start to roll in = much safer play but paying over 5/share. Yea ok sure! LOL
Bounce coming. Hang in there longs. Average down. Trading near book now. No value for the first mover and good will. Not to mention infrastructure and etc. let the shorts make their money. Come March the whole industry will be on a sales roll. Imo.
I called Ray in the IR dept. today. Had a nice chat. If you were worried about Wagners departure, might be good to here what he has to say. Made me feel better about the Present and Future of EMH!
1-800-757 3536 X-6
Cronos up 28% now and climbing. EMH next?? Shorts are panicking!!!
Who knows RJ Reynolds talking to Pure Sun Farms? Hold your shares. EMH could be $5/share in a day or two!
Cron in talks with (MO) BIG DEAL! for the weed sector. Altria is huge. This should put the fear in the shorts and spark a buying craze in the whole sector!!!!!!
One of the worlds largest producers at under $1/gram, EMH is a freaking steal right now! Won't last much longer IMO!
So over sold it's unreal!
Any bank willing to dish out 10 Million must think the company is sound!
Completely oversold! Bounces next week. Plus EMH is at it's support line. Big sales next Quarter. Let the MM's manipulate this down on small volume. Might be the last time EMH is this low. Time to load up! 2019 and 2020 sales will be in the 50s then 100s of millions!!!! What a steal at this price.
Possible buyout??? Makes sense for the departure of Wagner and Dillman. Also another part of my speculation of a buyout or merger is that Avtar D. was named President instead of CEO. Also the Agro
Biotech division named a President as well.. Just a theory, but would not be surprised. Could be why the news flow has been week and no updates to Delta 2.
Wagner was a Square! He had no knowledge of Cannabis prior to joing EMH. I think that held us back. No fun in the game. No insight to cool things like store fronts and hip branding. He was too big Pharma and weed ain't there yet. I would rather have seen a better PR but not too bummed about Wagner's departure. Let's start to get some news on sales. Another thing that bothered me is he was too conservative with the PR's. How about pumping the company up a bit. Lot's of cool pots in the fire. Light it up a bit!
Wow scratching my head as to what is going on in the Canadian weed world. It appeared that quite a few of the bigger players were/are overvalued as appose to near term future revs. However, I did not think EMH to be one of those. Any news out there that i'm missing???
That link was for listening live it will be archived on VFF's site here:
http://villagefarms.com/investor-relations/investor-calls
Their CEO Basically says that their phone is ringing off the hook from other "large" LPS cause they cannot honor their supply commitments to the local provinces, so Pure Sun Farms is making good deals way North of $5/gram. So much to extrapolate but so worth it. Just hold tight cause it's going to be a Super Q1 of 2019 for Emerald and VFF.
Village Farm's Quarterly conference call that highlights Emerald's joint venture, "Pure SunFarms", was awesome and you all should listen to it. I am even more encouraged to hold long term. listen here:
https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Fwww.stockhouse.com%2Fnews%2Fpress-releases%2F2018%2F11%2F07%2Fvillage-farms-international-to-host-third-quarter-2018-conference-call-on&eventid=1876960&sessionid=1&key=F72FC1E2F3D4DAD56700D861FC3168AB®Tag=&sourcepage=register
Looking forward to Village Farms Earnings and Pure Sun Farms update. Expecting good news!
I think we just based at $3.52 USD> Would not be suprised for a nice move back up after the morning dip to support at the base! Now to clear the recent top of $4.50. I think we do it next week!
For quite some time Emerald traded around 1/10th of Canopy's market cap. Now Canopy is above $15 Billion US dollar. IMO Emerald should be trading at least at a market cap of 1.5 Billion. Along with similar peers. Factoring in future sales and PSF huge capacity at play, plus being one of the lowest cost producers, that would put Emerald at around $11.05 per share USD. WAY UNDERVALUED!!!
Motley fool is pure garbage. Anyone making stock choice decisions based on those fools is an idiot! Know what you own! EMH is a clear winner especially at these prices!
Yes and that's not too far off IMO! One to two weeks. I bet there is big news any day. Not pumping as I'm in for the long haul! 3-5 years at the minimum. EMH is the best Canabis stock out of all. Pure Sun Farms will be one of if not THE lowest cost producer, then mix in the Pharma! BANG!
Very powerful move on the charts today! If you don't know what a "Golden Cross" is in candle charting, I suggest you google it. It will bring buyers in for sure. Today is the day to be locked and loaded~ GLTA!
Starting to get main stream press with the huge Pure Sun Farms deal! USA Today! Kinda a big deal!!!
Oh and one nice looking crystalized bud too!
https://eu.usatoday.com/story/news/2018/11/04/legal-marijuana-2018-canada-changing-how-weed-grown-and-cost/1776150002/
You got to buy their report but I have seen it posted on message boards already by others. It's a good plug for EMH for sure!
Exactly what I'm talking about. EMH has the product and the management team to do a Billion in sales per year and the CEO ( Chris Wagner) keeps saying that in every interview he does. Meaning EMH will be anywhere from $50-$150 in the next several years based on a PE of 20 IMO!
That John Boener report has EMH as their top pick saying that EMH will be the #1 branded household name in the future! Also EMH's chairman Avtar Dhillion sits on that reports board. Lots of momentem building here! We are one or two good press releases from going parabolic again for fresh all time new highs! IMO> Long and strong and still saying Over $20 by the end of 2019!
Chart is setting up nicely. About to poke through resistence and pop over the 200 and the 50 DMA otherwise known as the "Golden Cross" Very powerful move. So I predict over $4.00 US by the end of the month. With a huge spike in earnings in Q4 and more deals on the way, i also predict new Highs, ($8 US- PLUS) IN THE FIRST Q 2019. JUST MY 2 cents. I'm not a pro, but I have been accumulating more share for over a year now and I am super psyched to be an Emerald Health Share holder. Do your own DD> and GLTA!