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If CA prop 64 passes, it could easily get real crazy real fast. We could easily see $50 IMO, though it's difficult to know how sticky that would be.
Looks like the consolidation is coming to an end. I expect to see at least $12 possibly $15 before election day.
CNBC: The next big billion-dollar cannabis markets investors are rushing to
http://www.cnbc.com/2016/10/21/the-next-big-billion-dollar-cannabis-markets-investors-are-rushing-to.html
"Legal cannabis sales in the United States jumped 17 percent, to $5.4 billion, in 2015 and are expected to grow by 25 percent this year, to $6.7 billion, according to Arcview Market Research. By 2020 legal cannabis sales in the United States are projected to hit $21.8 billion."
Looks like a major buying opportunity here. 19 days til sector liftoff. The next couple of weeks should be an EPIC run.
Excellent facts-based write up on CBDS:
Here’s What’s Behind Cannabis Sativa Inc (CBDS)
http://oracledispatch.com/2016/10/13/heres-whats-behind-cannabis-sativa-inc-otcmktscbds/
From the article: "And it’s not just Gary Johnson – the current CEO of the company is former U.S. Senator Mike Gravel of Alaska, who served in the U.S. Senate from 1969-1981. These political links are crucial for the cannabis industry, which still remains tightly regulated on a state-by-state basis. Being able to navigate each state’s complex regulatory framework is critical, and having top political officials within the management team is a major competitive advantage. "Cannabis Sativa has been attempting to capitalize on all this attention that the cannabis industry has been attracting in the national media. For example, from September 26-27, the company participated in “The State of Marijuana” event on the Queen Mary cruise ship in Long Beach, California. The event brought together key cannabis executives in a state – California – that is now front-and-center in the battle to legalize marijuana."
"Moreover, investors should keep an eye on new products in the pipeline at CBDS."
Full article: http://oracledispatch.com/2016/10/13/heres-whats-behind-cannabis-sativa-inc-otcmktscbds/
This looks to me like the last best chance for shorts to cover. The end of America's cannabis prohibition is imminent. It is now less than 30 days to a major sector-wide break out. I personally expect to see CBDS somewhere between $10 and $18 (the previous high) before November 8. What happens this November 8--now mere weeks away--will be, I believe, far more significant to the future of the cannabis industry than anything we've seen to date.
Stop and think about the significance of this election: Only a fool would be shorting a legitimate cannabis company like CBDS less than 30 days before the most obvious tipping point against prohibition in the history of the United States.
Cover now before it's too late! Then go long and double down. It's not too late to get on the right side of history. This is the BIG ONE we've been waiting for, folks! Don't let this lifetime opportunity pass you by. Forget all the pumping and bashing you've been sucked into for the last several months, and think about what this election means for the U.S. economy.
-Rational Optimist,
Long and Strong CBDS$$
Washington Post: Gallup: Support for legal marijuana at an all-time high and likely to grow
https://www.washingtonpost.com/news/wonk/wp/2015/10/21/gallup-nearly-60-percent-of-americans-want-legal-marijuana/
Huffington Post: Nearly 25 Percent Of Americans Could Soon Be Living In States With Legal Marijuana
http://www.huffingtonpost.com/entry/legal-recreational-marijuana-vote_us_57fd2b1de4b0e655eab7f600
Reuters: Support for marijuana legalization rises among U.S. adults: poll
http://www.reuters.com/article/us-usa-marijuana-trends-idUSKCN12C2P4
LA Weekly: Americans Want Legal Weed More Than Ever
http://www.laweekly.com/news/americans-want-legal-weed-more-than-ever-7489428
Gearing up for Green Rush 2.0!
45 days and counting until sector-wide lift off!
USA Today: A whopping 9 states set to legalize weed, could add close to 8 BILLION to U.S. economy
http://www.usatoday.com/story/money/business/2016/09/22/legal-marijuana-market-growth-voters/90856198/
Time to load up for Green Rush 2.0!
Less than 45 days til sector-wide lift off!
USA Today: 9 legal pot initiatives could add $7.8B to U.S. economy
http://www.usatoday.com/story/money/business/2016/09/22/legal-marijuana-market-growth-voters/90856198/
Hold tight, Korean. Gary Johnson's campaign has never looked as good as it does today. The potential for publicity (i.e. new investors) for CBDS is at an all time high.
From Politico:
Does the Libertarian Party Finally Have a Chance?
"Over the last five days we’ve had 32 national media requests [after the Weld news]. That’s never remotely happened before."
"Johnson even worked as CEO of a pot-industry company called Cannabis Sativa between campaigns."
http://www.politico.com/magazine/story/2016/05/never-trump-2016-elections-libertarians-213917
Another mention of CBDS with Gary Johnson in The New York Times:
http://www.nytimes.com/2016/04/06/us/politics/gary-johnson-libertarian.html?_r=0
What today’s Supreme Court decision means for the future of legal weed
https://www.washingtonpost.com/news/wonk/wp/2016/03/21/what-todays-supreme-court-decision-means-for-the-future-of-legal-weed/
GLTY
This has to be institutional buying. Seems SCOTUS's recent action was another major turning point for the sector.
Meanwhile, Johnson's candidacy is going to bring a ton of new investors to CBDS. And his candidacy is now looking better than ever:
Libertarian Gary Johnson in double digits in race against Hillary Clinton, Donald Trump: poll
http://www.washingtontimes.com/news/2016/mar/24/libertarian-gary-johnson-double-digits-race-agains/
No one is getting my shares.
Long and strong $CBDS
Another big win for weed:
Supreme Court Declines to Hear Challenge to Colorado’s Marijuana Laws
http://www.nytimes.com/2016/03/22/us/politics/supreme-court-declines-to-hear-challenge-to-colorados-marijuana-laws.html?_r=0
CBDS 2016 The end of prohibition.
Stocks on edge ahead of Fed meeting; Marijuana economy booming
http://finance.yahoo.com/news/stocks-on-edge-ahead-of-fed-meeting--marijuana-economy-booming-191607390.html
This is NOT the time to take profits, in my opinion. The efficacy of marijuana as medicine just passed, with this study, a major psychological hurdle with the general public. This might prove to be the catalyst to turn the sector around.
Vermont legislature on track to be first in U.S. to legalize marijuana
http://news.yahoo.com/vermont-legislature-track-first-u-legalize-marijuana-110524515.html
Marijuana economy may hit $44 billion by 2020
http://finance.yahoo.com/news/marijuana-economy-will-hit-44-billion-impact-by-2020-133004729.html
Marijuana Stock Soars 130% After Study Shows Its Drug Reduced Seizures
http://www.forbes.com/sites/nathanvardi/2016/03/14/marijuana-stock-soars-130-after-study-shows-its-drug-reduced-seizures/#5d104707fa57
I'm assuming Holmes is one of the CBDS vendors who was paid with shares? Not sure how everyone knows this (or has good reason to believe it), but I've heard this from different investors in CBDS offline as well. Anyway, if it's true then why don't the longs buy up these cheap shares from these guys and relieve the selling pressure now? Why wait? Clearly this thing is going to rise like a hot air balloon once these jackals get out. I know if I had any dry powder right now, that's what I would do.
The bid is stacked up. Just need to clear CSTI from the ask. Any willing buyers...
Looks to me like the big bounce is coming.
I've been to the CBDS headquarters too. I even brought my girlfriend with me. It's legit. And, actually, it was much bigger than I expected. I even met the chemist and got a tour of the facility and the lab. If you ask me, the only reason the stock is suffering is all the novice investors (including the vendors or consultants who were compensated with stock) are too impatient to wait to see results. It would be nice to see periodic updates on the products and dispensaries, etc., even if only informally through their website, but I suspect there's too much fear around public communications and the SEC. So, we just have to be patient and wait and hope the shorts and chicken-littles don't drive it down in the interim. I, for one, am stoked that Tobias is back at the helm (I hope that move becomes permanent). That guy knows how to get results. He has a mind for business. And he's got vision too. Plus, we're still going to get all the PR from Johnson's presidential campaign. It's the best of both worlds, in my view.
Long and strong CBDS!
At this point, ALL of the leading presidential candidates (Clinton, Sanders, Trump, even Cruz) would be better than what we have now.
2016 will be the year of the cannabis comeback. Green Rush 2.0.
https://www.mpp.org/2016-presidential-candidates/
https://www.washingtonpost.com/news/post-politics/wp/2015/10/29/trump-wants-marijuana-legalization-decided-at-the-state-level/
The CBDS comeback is just getting started. Gary Johnson's presidential campaign is going to blow the lid of this stock.
Woohooo! Last chance to buy cheap shares before 2016!! The "Year of Cannabis" is coming! CBDS and the hi brand will storm the U.S. this year! Buy on the dips!
Technicals are showing STEV is way oversold. RSI has not been this low in well over a year. The fear is out of bounds and no longer rational. I expect it will bounce soon.
L2 is looking very strong. Anticipating a bounce here soon. Great entry point, in my opinion.
Your statement is misleading. Gary Johnson did not predict a billion in sales. Johnson was only a director, and he lost money on MDCN too. A lot of people thought MDCN had a good plan. But too many forces were working against them and they haven't been able to deliver. But it's certainly not a scam every time a business fails.
As for CBDS and Nasdaq, I'm prepared to wait and see. Standard 4 requirements seem within reach. Perhaps something big is on the horizon. Clearly, Johnson knows how to think big, and he has a strong record of both business and political success. Betting against a guy like Gary Johnson is just plain dumb.
No chance. There's nothing sketchy about it. Besides the price of the stock is the last thing the mainstream media will focus on. Even if they did, by comparison with the sector, Johnson will look good. And no one with any business sense will complain about where CBDS is given the situation with legalization. Finally, you have to remember that your understanding of stocks and the OTC is likely far more sophisticated than the average American (or even the average investor), including the media. The public will only see the most superficial aspects: "A former Governor is now running for President of the United States--the most powerful office in the world--and he's the CEO of a cannabis company that has actual product for sale (with some damn good branding). Sounds like a winner to me! Let's invest!"
Gary Johnson and Jesse Ventura in 2016!? Things could get very interesting here, very fast.
I'm not tripping on the current slide whatsoever. This is a diamond in the rough. In fact, this is an EPIC buying opportunity. The next few months are consistently positive for the market--through the end of January. And with the coming election, we're going to see Johnson in the news more and more--which will be priceless exposure for CBDS (lots of new investors).
http://www.theglobaldispatch.com/jesse-ventura-for-president-off-the-grid-host-suggests-possibility-16695/
"When the point of Gary Johnson running for President on the Libertarian ticket, Ventura said, “So might I’. Ventura says he would team up with the former New Mexico Governor and 2012 LP candidate."
Breaking into the Native American Cannabis Industry
Friday, October 30, 2015, 1:15 pm - 1:35 pm EST
Eric Hagen, CEO of Monarch America (BTFL: OTCQB), will be discussing how his company has been able to successfully enter the Native American cannabis industry. BTFL has secured agreements with two tribes in the United States and the company will be opening the first recreational marijuana resort in South Dakota in late December.
http://www.moneyshow.com/webcast-details.asp?wid=90161F5263484E2CBBD3779308BA2D51
Man, you guys are total downers...lol...shorties no doubt.
I'm optimistic. I think this is THE best stock in the sector. But it takes more than 5 minutes to build a business...especially in this environment.
Another thing I know for sure: Gary Johnson is not going to risk dinging his brilliant political career and probable presidential run to scam a few measly bucks off the backs of loyal investors.
Any money borrowed here is invested directly into building the foundation of a premiere cannabis company.
THIS is the kind of action that leads to revenues:
You're taking the quote out of context. This is the full quote: "Raising capital in this manner will cause dilution to current shareholders. As mentioned before, for the immediate needs of our current operations, we anticipate continuing to fund operations through management and shareholder loans."
In other words, dilution is the worst case scenario, and its NOT currently anticipated. This kind of language is in there to satisfy the lawyers and the SEC. Meanwhile, on the ground, everyone in the company is working their tails off to pay the bills with actual REVENUE.
That's how I read it.
Perhaps more of the blame should be placed on Harper:
"There is definitely a plus to having a youthful, Liberal-minded Prime Minister in Canada: he is an unabashed supporter of the decriminalization of marijuana. For the Canadian publicly traded companies labouring under the so far unevenly applied Marihuana for Medial Purposes (MMPR) legislation, that fact translates directly into elevated share price performance."
"This could be the turning point for MMPR licensees in Canada – particularly the publicly traded ones, who suffer the twin burdens of compliance with both MMPR under Health Canada, and the onerous TSX securities rules."
http://www.midasletter.com/2015/10/liberal-victory-gives-a-boost-to-canadian-marijuana-stocks/
Trudeau's victory is a HUGE development...and not just for Canada either. This could very well be the "tipping point" we've been waiting for.
"Canada’s budding marijuana industry could blossom into a $5-billion market if Liberals make recreational pot legal"
http://business.financialpost.com/news/agriculture/canadian-marijuana-stocks-jump-as-liberal-wins-signals-legalization-on-the-table
"It is already being compared to the end of prohibition."
I can easily see NDEV getting in on this too:
"The opportunity is obvious. There are currently about 35,000 to 40,000 patients enrolled in Health Canada’s medical marijuana program. The total market is worth perhaps $80 million to $100 million. If recreational pot becomes legal, the potential customer base suddenly runs in the millions. Dundee Capital Markets analyst Aaron Salz figures the market would then be worth up to $5 billion."
Big changes coming...This could represent a shift in drug policy across the developed world.
Canada's newly elected Liberals may legalize marijuana. That could impact US drug policy.
http://www.vox.com/2015/10/20/9573497/canada-marijuana-legalization-justin-trudeau
Trudeau's victory represents big changes--very big.
Canada's newly elected Liberals may legalize marijuana. That could impact US drug policy.
http://www.vox.com/2015/10/20/9573497/canada-marijuana-legalization-justin-trudeau
Don't get caught on the wrong side of history. Things could start to move very fast now.
Yes, sir! “Trudeau’s vow to legalise and regulate marijuana the ‘right way’ has set in motion the single most important catalyst for the marijuana space.” Excellent time to get in here now. Cannabis will finally become the legitimate industry that it deserves to be. I suspect this will have numerous spill over effects here in the U.S. as well. This, by far, is the best news for the sector in years, if not ever.
Wow, maybe Medican will turn itself around. I had already moved on, but I'm optimistic. At this price, it sure beats buying a lottery ticket anyway.
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=16944
CEO Kelvin Lindsey Introduction of Jason Elkin, Sep 23, 2015:
"I would like to give you an insight about Jason Elkin, Founder of Trending Entertainment (see link below). We are very excited about working with Jason and building this opportunity together." -Kelvin Lindsey, CEO