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Not for awhile it still has to be approved by shareholders so I’m guessing it’ll be like January or February
Let’s get the share price to $3 before then
Got it.... well I’m still hoping mpx shares boom in the next two months
So is ithuf becoming mpx Orr the other way around?
Woah wtf is going on the morning... so ithuf is now MPX and we get certain amount of shares of ithuf or cash ?
I would go with like 500 million and i think that’s still pretty good. 8 billion? That’s pretty excessive
It’s about growthhh my guy
Your missing micron waste management
Can everyone shut up about coke. Literally that’s all i see but neither coke nor aurora has said anything. Terry booth mentioned they were talking to beverage companies that’s it. Cuz he’s an idiot for saying that all you fools won’t let coke go.
Don’t listen to a dude on twitter
Whack ass stock
Great info.
Lol cool bro glad your trading for 8% I’m up over 800% and by next week or a month from now I’m sure it’ll be over 1000%
It does if you leave a lot of money on the table.
They would be smart to come out with updated pictures or PR this week or next
Boom where’s our COO at .. get us up in there
I Still think this hits $5 before Christmas
One of the few Mj stocks that are red today
I mean that’s why I’m invested.
Scary... not. I’m sure they’ll send them the weed they want and find solution
It’s always apparently been undervalued but that isn’t changing the price. They need more exposure or something. This stock should easily be $2+ with these new dispensaries but who knows
Great news.... it’s about to get fun in here
Weedon project needs funding
That’s some serious revenue growth coming in
Micron Waste Reports Outcome Of Cannabis Waste System Trial With Aurora Cannabis
Micron Waste Technologies Inc. has provided positive results from the optimization of the Cannavore cannabis waste processing units with Aurora Cannabis Inc. The Company will now optimize the technology for sub-zero operations, as well as add computerized remote operating capabilities, following which Micron will commence to offer the units commercially.
“We are very pleased with the outcome of the trial and are now moving into commercialization and will begin selling the units to the wider cannabis industry,” said Micron president Alfred Wong. “With the onset of adult usage in Canada and a rapidly growing international cannabis market, the number of operators in the sector has increased dramatically. Current waste disposal methods are expensive and inefficient. Our technology not only significantly improves the economics of cannabis waste disposal, but also streamlines compliance procedures, leading to a substantial reduction in time requirements to deal with waste handling. With our technology, customers will be at the forefront of innovation and environmental stewardship, showing leadership through commitment to clean air and water in Canada and around the world.”
Micron’s first Cannavore was trialed at Aurora’s Mountain facility near Calgary, which is one of seven Aurora facilities. Subject to Micron’s technology meeting certain milestones per a collaboration agreement announced in December 2017, Aurora has committed to installing Micron’s technology at its other facilities. Site visits have commenced for Aurora Vie in Montreal and Aurora Sky in Edmonton. Micron is developing additional units earmarked for these sites.
“With guidance from Aurora, we have developed a system which checks a box previously overlooked by cannabis cultivators,” said Dr. Bob Bhushan, Micron co-founder and chief technology officer. “Data capturing and processing is invaluable and now customers using the Cannavore can go beyond “seed-to-sale” and mine cannabis waste analytics to improve efficiencies, reduce staff time, aid compliance and help evaluate growing operation metrics.”
The industrial-grade Cannavore pulverizes and renders cannabis waste in combination with a proprietary blend of microbes and enzymes designed and developed by Micron. Importantly, as part of Micron’s full-system waste treatment platform, effluent from the digester is further treated to derive clean greywater which can be re-used in growing operations. Alternatively, the treated regulatory-compliant greywater from the Cannavore, which meets municipal discharge standards, can be safely discharged. Active pharmaceutical ingredients (APIs) in cannabis waste are further biologically treated via a proprietary process to denature cannabinoids present, keeping them out of watersheds where they could bio-accumulate.
The Micron Cannavore was engineered based on proven technology used by the Company in its Organic Waste Digester Unit. The world’s first closed-loop cannabis waste processing system was designed to Aurora’s specifications to be a clean technology solution to process organic waste generated from the growth and cultivation of cannabis, while mitigating concerns about the potential environmental impact.
The Cannavore Digester and the Organic Waste Digester units have been awarded an Industrial Design Certificate of Registration from the Canadian Intellectual Property Office (CIPO), with patent pending in the United States.
Low share count .. already making impressive revenues with dispensaries no where near the strip soooooo this is only going up
It’s called taxi / Uber
Yeah and ? Canada legalizing sends the whole market up. Idc if planet 13 had one dispensary. They have a low share count. Much more attractive for bigger gains off market wide news
Zero chance on Canada legalizing and November first new dispensary.... plus every fall Mj market tends to go up not down
Low share count. Revenues coming in and new dispensary opening in a month on the Vegas strip pretty much... see y’all at $6
Planet 13 to Light Up Las Vegas with a New Cannabis Retail Experience
September 30, 2018 at 3:26 pm
Exclusive article by Carrie Pallardy
Exclusive Interview with Co-CEO Larry Scheffler and CFO Dennis Logan of Planet 13 Holdings
On November 1, vertically integrated cannabis company Planet 13 Holdings (CSE: PLTH) (OTC: PLNHF) will open its superstore right off of the Las Vegas strip. Taking a note from the city’s grand hotels, everything about the massive retail store will be over-the-top. Co-CEO Larry Scheffler and CFO Dennis Logan gave New Cannabis Ventures details on the new retail location, the company’s Nevada footprint, and where they see future growth.
Scheffler and his Co-CEO Robert Groesbeck met through the Henderson City Council in the 1990s and did land deals together with Groesbeck serving as Scheffler’s attorney. When it became apparent cannabis was moving away from prohibition, the Co-CEOs leapt at the opportunity. Logan spent years in investment banking before being approached by a number of Canadian cannabis companies, but he was intrigued by the capital markets and size of the opportunity in the U.S. Planet 13’s vertically-integrated vision for Nevada appealed to him, so he came on board as CFO.
Nevada Footprint
Right now, Planet 13 has two dispensary licenses, one medical and one recreational, and grow and production licenses in Clark County, Nevada. In Nye County, located approximately 120 miles northwest of Las Vegas, the company owns 80 acres of land zoned for up to 2.4 million square feet of grow. While the company does have a medical product line (Medizin) that will continue to serve patients, the main focus will be on the recreational side of the business.
The Planet 13 Dispensary Open in Nevada
Not the Average Dispensary
Approximately 55 million visitors flock to Las Vegas every year, and Planet 13 intends to capture their business, according to Scheffler. The company’s superstore is set to open in a 112,000-square-foot building that used to be a Coors distribution location. After the initial opening, the store will still have 75,000 square feet available for expansion in subsequent phases. The superstore has a prime location just 2,500 feet from the front door of the Wynn hotel and on the only pedestrian walkway off of the strip to any cannabis retail location.
A Rendering of the Planet 13 Superstore Interior
Planet 13’s existing dispensary is located 6.5 miles off of the strip and attracts 720 to 740 people a day. The new superstore, located within walking distance of the strip, could conservatively pull in 2,000 people or more with an average daily spend of $75 per person, according to Scheffler. When it comes to the competition, there is just one other dispensary close to the strip. The other 45 dispensaries in the state are located well away from that central entertainment destination, according to Scheffler.
The company is betting big on a Las Vegas-style experience when it comes to attracting people to the store. Planet 13 is spending more than $1 million on special interactive experiences people can enjoy, whether they are buying or not. For example, a control panel outside the store will allow people to change the lights and music that go with the 15-foot lotus flowers sitting on top of the store.
A Rendering of the Planet 13 Las Vegas Superstore
Taking Planet 13 Beyond Las Vegas
Scheffler and his team are confident in the company’s growth in Nevada, but they are looking to set up shop across the country. CannaRoyalty (CSE: CRZ) (OTC: CNNRF) looked to acquire the company about a year ago, according to Scheffler, but Planet 13 did not want to sell a majority stake. Instead, CannaRoyalty CEO Marc Lustig and Greg Wilson, a founding director of CannaRoyalty, joined the company’s board of directors and guided Planet 13 through the process of going public. Scheffler also sees their expertise as a valuable asset as the company grows outside of Nevada.
While a superstore of the size of Planet 13’s Las Vegas location isn’t possible in every market, the company sees taking a version of it across the country. The company could bring 5,000 to 7,000-square-foot “mini superstores” to places like Reno, Los Angeles, San Diego, Miami, and Boston. Scheffler envisions building a brand similar to the Hard Rock Café. Every location will have an experience that appeals to its market and sets it apart from the competition.
Planet 13 is attracting both retail and institutional investors from Canada and the U.S., according to Logan. The company has had a strong first half of the year with $8 million in revenue, and Logan expects the third quarter to exceed second-quarter revenue. The fourth quarter, which includes the opening of the company’s superstore, could mean a particularly strong close to the year, all depending on how long it takes the store to ramp up.
I want to buy in but definitely don’t want to buy in while price is at all time high
Yeah no one knows about these guys. They need to step it up
There’s no info on the OTC I’d share count or anything for that matter. Grey market. Maybe they should try to be compliant to get some more people
Who’s in on the conference call fill us in
I think they will rocket once they announce any deals/ future revenues. Definitely this up coming month or November
They made $16 million CAD in revenues the past quarter so anything above $20 is positive especially since only cannimed will be fully integrated and I’m sure some of
Medreleaf numbers. Anything $25 and up is DOPE
True which is why I’m saying 300 is unrealistic but 20-30 is and i reallllly hope that happens lol
Well they have 75 million outstanding shares and aurora has 900 million or some crazy number soooo that won’t happen but... I’ll take $20-$25 dollars lol that’s still lots of profits