Specialist
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Do you have a position in this stock?
At first I thought you were trying to give dd. The more post you make its almost robotic like a pumper. So people make money to pump a stock, some make money to get people to dump a stock.
Agree, July first batch of cannabis from their Oregon cultivation facility. Glta
Nobodys here, buy sell yada etc.
Its all about getting out of the greys. Look at the share structure, this bad boy will soar. I have a $15 target long term. did glta
Finally looks like we finally stabilized, hopefully we can uptrend.
I'm still on the ropes on organigram. Lot of iffs in the mj market still. But yea those prices are tempting to not a piece.
Agree nothing wrong with tweed at these prices but BED just seemed like they are doing all the right things. The market is going to get flooded, especially if Supreme or others that have large facilities are able to get licensed. BED is focused more quality than quantity. So that may play a factor on picking up new and existing patients. If the mj ruling is in favor of people growing their own mj in March, I would expect Tweed and other massive mj LP to take a hit. Glta
Mod can you please pin this post;
2/12
"NGMC previously announced a partnership with Merry Jan's Edibles, LLC, to market marijuana infused edibles. NextGen announced today that two sales people have been hired for Oregon and two more are being interviewed for the state of Washington."
"The Oregon Resource Group, with significant experience in the cannabis real estate industry, to assist in the Company's efforts to obtain a dispensary location in Oregon."
"secured a medical marijuana cultivation facility in Oregon. The Company said today that the first "crop" of high quality medical marijuana should be available in July 2015 for patients."
1/26
"secured a coveted medical marijuana cultivation facility near Portland, Oregon. Identifying and securing cultivation facilities is very competitive due to the existing moratoriums in many counties throughout Oregon."The 3,200 square foot facility will give us a head start in preparation for the recreational license process beginning in January 2016."
9/2014
"NextGen Cannabis Consulting LLC, has been retained by Opalescent Enterprises to provide consulting services for the expansion of its Northern California medical marijuana growing operation.
NextGen Cannabis also will provide a specialty grow specific software application designed to provide tracking and control of the grow process from seed to harvest."
9/2014
Next Generation Management Corp. (NGMC) announced today its wholly owned subsidiary, NextGen Cannabis Consulting LLC, has entered into an agreement with the Shevin and Clark Consulting Firm to expand operations into the State of Oregon. NGCC will initially apply for 3 dispensary licenses while identifying key retail locations.
NextGen Cannabis Consulting LLC recently opened and is operating its first of several medical marijuana dispensaries in Los Angeles for its initial client, H2H. "We are now ready to begin executing on our plan to expand operations in all states that have legalized medical marijuana. We are very enthusiastic about the opportunities in Oregon, which will be our next focus," said Darryl Reed."
I was very close in investing into tweed. I just didn't like the fact that their initial shipment took almost 5 months because of mold issues and the first shipment out was seized. It looks like they are fixing the situation by trial and error and working with renown mj grower.
With Bedrocan they are just sticking to script. They sent their master grower in to live and train staff there until they are caught up to speed. The entire build for the new facility is based on the same specs as their NL facility. Because they experience exporting to other countries. I can see them exporting to the US as time goes by, because of the quality mj they produce.
Somebody's slow playing shorting these for the ride up. Its just a matter of when the bottom hits before any news comes out. Once news comes out whoever is shorting will have to cover right away. just my opinion.
Hopefully Tweed does get licensed for their entire facility. But for right now, with Bedrocan's 6 approved grow rooms puts them tied with Tweed as far as production that's currently licensed.
Agree, all of these companies could blow up. Don't forget Mettrum, the past 3qtrs they have been blowing up. I'm still in shock why the market is going down when profits should be going up for most of these mj LP's.
Tweed was the first LP. They have the biggest production facility. They have the lowest prices for mj. The only issue is their low turnover rate and high cash burn. They way they are setup, they need to sell in large volumes just to keep the business operating to cover expenses. Bedrocan is the opposite, focusing in quality instead if quantity. As they grow, so does their profits. They already at cash flow positive without even producing domestically yet. Look at their expense report for the last 3 qtrs, expenses down, turnover inventory is the best in the business. Glta
Stock is slowing down but the company is doing great.
Nice! Here's a quote from their CEO,
"Our revenues are higher than Tweed’s,” says Wayne. “And our patient numbers are certainly higher than Organigram’s – they don’t have supply right now and might not for some time. We’re making a profit. We’re doing what companies are supposed to do."
Goof points! They have a solid BOD, backing from their parent company as well. Do all future exports go through the parent company or are they planning to do some exporting as well? I could see America as being future goal down the road.
Low volume again, they need to get more PR.
They are making movements in Oregon, there's no doubt about it, but the selling of shares by the CEO? That I don't know why but if its for land then I can accept that. They said they have a goal of $1.5 for the new mj facility, if they get half that by the 3rd or 4th qtr then we actually have something here.
Agree. Tweed has the most space but they have quality and high burn rate issues. What I like about Bedrocan is not only their quality but also they way they management is setup, look at their setup, they are expected to be profiting next quarter, which you can't say about the rest.
Not much volume again. I am assuming everyone is waiting for them to show them the money in the 2nd qtr when they start pushing out domestically.
Great read. I think our market is still new in Canada, hopefully we'll see if the law in Canada stands to where people will have to get good quality mj from LP, like Bedrocan.
Yes, so that means they have 6 out of their 34 rooms to start producing domestically. We should see them producing during the 2nd qtr of this year according to their most recent press release. 4,000kg it's a nice number eventually.
Agree low volume. I think most people do not know who they are yet. I created a fb page under Bedrocan Canada to keep up with all the new stuff that is going on with them.
I got here by reading an SA article, realizing that they are the only pharma mj that can import and grow domestically without having any quality issues.
You might want to take a look at TWEED's building. They were approved by HC.
Lower volume does not automatically mean pps will go down or up.
Though, I do not agree with anything that you speculate. But I want to say that I do appreciate your verbage as you do not sound like an old record player that others try to use. Your opinions are new and while we are still in the pinks its easy assume anything at this point. Again kudos on your style.
I'm confused with your post. You said that may want to buy back at a later time, at a lower price. Why??? you said so yourself that you do not believe in the CEO. Especially at .0001? Do you really think if it goes to .0001 it will go to .0002 later?
Appreciate all the dd!
Well the title of the video says;
Thanks Escabar. I listened to the audio, this is for Site 2 discussion. Sounds like they have not had a formal request from Cen. Not sure if they did already though, since it was dated 5/14.
Good points rolphtonair! Do we know of any issues concerning their location? I looked at google map and could not come up with any zoning issues on my end. But obviously my dd is not practical since it's just google map. Any feedback would be greatly appreciated.
Waiting for a license could be the key. Also we need to know how the operation is going to be run. I doubt it is as simple as hiring some people to just grow them like tomato plants. Are we looking at quality vs quantity here? If they are looking at making premium marijuana then they would need a team of professionals that have experience growing specific types. HC just stopped a couple of company's from distributing marijuana due to mold issues. So, quality control is something to keep in mind. I think most who are looking to get into this stock want to see how the operation is going to run. But the pps is going to stager until mmpr gives the ok, and gets them licensed.
I would have to agree with Swinging Dick that today was a hectic day and we could see a breakout next week.
That's got to sting for those that sold.