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I'm in Aphria too, but Invictus has a ton of room to grow, they have been making major moves almost weekly. Think it will be 3-5$ next year.
Thought you we're all hyped on invictus? Definitely not a scam, at all. They just dropped more good news today.
Not sure if I should be pissed this is tanking so hard or glad because I am picking up more shares down here.
I'm awash with emotions haha
Can someone explain the reason for the forward split? I can't think of one. Thx
Yeah, I got in too early sadly. I thought it looked very stable in the .29US range, but it lost support. Now I see how easy it can drop and shoot up. I'm long now so i'll add if it drops further.
Hoping for partner news soon.
Talk about thinly traded. I just slapped the ask at .2506 and brought up the pps 6% with a $250US buy. Haha
Wow, Dan answered, nice!
They just did. It's at $19, which is actually great, considering they just got that high recently. I knew I should have reentered at $12. Pissed.
Did they give up on the pain treatment? From new PR looks like it?
Might grab some soon for a long hold.
Been waiting to enter Aphria for a while and hyped to get in on that dip. Excellent international news! Wow. Tucking these shares into a very long portfolio along with CGC and Invictus. My 3 Canadian plays.
Do you guys realize Invictus has already sold a million $US worth to Canopy? 344 Pounds x450 grams=154,800 x $6.50 a gram =$1,006,200.
Invictus recent Germany LOI (need export permit first, confident we will get it) 2000 Pounds a year 2000x450x6.50=$5,850,000 A year!!!!
Did you guys realize Future Harvest will probably have revs of $3-4 Million in 2018?
Now factor in medical sales, rec sales, distribution agreements with Gov., an amazing vape pen patent, oil licenses, massive expansion coming and a export license on way and hints of German cultivation coming. Owns tons of property and licenses. Huge amount of cash in bank. And goofy ass Gene helping out here and there.
With a market cap under $100M.
This is undervalued for a normal stock, let alone a stock in a massive, newly emerging world wide market like Cannabis.
The good news keeps on rolling. People need to keep in mind, when they see these smaller sq ft building....these are indoor! Not crappy, industrial greenhouse bud, this will be top notch indoor, which is what people want. No one wants mediocre GH bud....Trust me, i'm in Cali and the market has been flooded with cheap GH and everyone passes and goes right to top indoor.
The good news keeps on rolling. People need to keep in mind, when they see these smaller sq ft building....these are indoor! Not crappy, industrial greenhouse bud, this will be top notch indoor, which is what people want. No one wants mediocre GH bud....Trust me, i'm in Cali and the market has been flooded with cheap GH and everyone passes and goes right to top indoor.
Grabbed some more today to add to my stockpile. Bruce is possible my favorite CEO ever! Will hold for 5-10 years and laugh about days like this. (:
Sheesh, rough day for the Canucks!!! Adding down here.
You're probably right. But it looks to want to go a lot lower first. I got out with a big loss. Bummer.
They will probably debate that part and in regards to Bruce that is easy to get around, especially in a public company. Ie He's not growing it personally, switch to just board member etc etc
Has this seen a green day in months??? Sheesh. Next stop .25
I hear ya. Just IMHO this is a slam dunk, only one politician is against the hemp provision and the farm bill has to pass. They just have to renogoiate it. I was in hemp for the Obama farm bill and did very well. This one is 10X more significant.
I'll keep adding if it dips because in a matter of a few months this is going to pop majorly.
Best of luck.
The Farm bill expires in September, they have to figure it out before then.
Before last week, there were reports that Senate Majority Leader Mitch McConnell has now called for that recess to be vastly shortened. And that was before the announcement of the newest vacancy on the Supreme Court, created by Justice Anthony Kennedy’s retirement. Many farmers are hoping the passage of the farm bill remains high on the priority list.
Why would anyone sell now???? We are weeks away from history. This could explode to .10-.20 easily.
"Next up will be a conference committee to attempt to reach a compromise on a measure that would be approved by both chambers and then sent to President Donald Trump’s desk."
When McConnell asked Wyden what he thought about including the provisions in this year's farm bill, he replied: "I feel like I've been shot in the tailbone with good luck."
"The majority leader wants to put our bill in the farm bill? You know that's going to become law," Wyden said in a recent interview.
Lawmakers plan to meet in the coming weeks to work out the differences in the legislation.
https://www.statesmanjournal.com/story/news/2018/07/10/mitch-mcconnell-bill-hemp-cousin-marijuana-could-soon-legal-across-us/760532002/
BTFD!!! Thanks for the cheapies. I'll keep loading until the farm bill officially passes and this explodes hundreds of percent, just like last time.
When I looked up ABG I was blown away. Hopefully they really help! I wonder what the conditions/contract is?
Awesome. We needed this validation, bad.
Gene shares are locked for 5 years, so it's not him. Not sure what dummy would be selling down here.
It's got strong support at .98, I already knew that but it was proven today again. Shocking we're at this level with all this great news, I'll be swooping more up soon.
Annnnnnnnnnd we're down again. On great news. I just dont get it.
From IR:
Ahead of cannabis legalization on October 17, 2018, we are working diligently to ensure Invictus is well positioned to succeed. We have done so by taking measured steps to expand our cultivation space and strain profile, while developing a dynamic and muscular approach to retail sales. Health Canada recently awarded our second sales license, which now include Acreage Pharms Ltd. (“Acreage Pharms”) in Alberta and AB Laboratories Inc. (“AB Labs”) in Ontario.
Our ambitious retail plan involves building out dispensaries across Western Canada, as well as partnerships with other sales platforms and industry colleagues. We are also launching a first-of-its-kind zero-cleaning vaporizer called PODA, cultivating an ever-increasing portfolio of strains, and meeting ongoing construction and development goals.
Some additional accomplished milestones include:
- Acreage Pharms acquired 23 new strains, offering even more depth and breadth to the company’s cannabis strain portfolio
- Acreage Pharms completes its 33,000-square-foot Phase 2 construction and begins preparing site for 90,000-square-foot Phase 3 expansion project for total of 130,000 square feet exiting 2018
- Increased its strategic investment in AB Labs from 33.3 percent ownership to 50 percent ownership.
- AB Labs construction of the Phase 2 expansion remains on-schedule. The Phase 2 facility, located adjacent to Phase 1, will add 40,000 square feet to the current operations and increase total cultivation space to 56,000 square feet
- AB Labs’ 16,000 square foot Phase 1 facility, operating at full capacity, completes its second transfer of 63 kg of dried cannabis to Canopy Growth Corporation’s (TSX: WEED) Tweed’s elite CraftGrow line.
-AB Labs purchases an additional acre of neighboring land dedicated to future expansion opportunities at the facility.
-Signs a non-binding Letter of Intent (“LOI”) to sell dried cannabis to a German importer and distributor of medical cannabis
-Appoints music legend and entrepreneurial powerhouse Gene Simmons, one of the founders of the seminal rock ’n’ roll band KISS, as Chief Evangelist Officer and changes TSX Venture Exchange symbol from IMH to GENE.
-Launched an ambitious cannabis oil extraction program, an investment that involved the purchase of top-of-the-line C02 extraction equipment and the hiring of key extraction personnel.
-Announces that it had entered into a binding letter of intent for an option to acquire 100% of the outstanding shares of a British Columbia ACMPR applicant with two properties one of which is on 32 acres with low cost of power and significant land to build expansion.
The anticipated year ahead includes the launch of retail stores and sales of cannabis through agreements with other industry partners in addition to expanding square footage in three provinces to meet the domestic and global demand for cannabis.
We look forward to even more announcements in the weeks and months ahead.
Kindest regards,
Jessica Martin
WTF? Jesus, this stock is turning into a freaking nightmare.
I just swooped another 10K shares, thx!
Sweet! Let's goooooooo
I think it's just frustrated retail investors selling at losses. I can't blame them. I have thought about it too. Just the potential they have for the price it is is so massive. Their assets and licenses are worth their market cap at least right now, it's just silly.
I think at this point we need to prove ourselves with revs and I think we will.
Keep in mind most Lps larger facilities are all greenhouse. Invictus is strictly indoor right now, which is a big difference. We can assume the 900K SQft facility will be greenhouse, but currently its all indoor IE superior quality, but less yield.
Also their market cap is extremely tiny, so it reflects where they are at. Extremely undervalued right now.
(but I have been saying that for a year lol )
Just spoke to IR. Kinda yelled actually LOL. They said they are equally baffled and have no idea why there has been such a sell off. They said they have plenty of cash on hand and no fundamentals issues whatsoever and will be ramping up PR and marketing.
Great news!!! And down again??? WTF???? I just don't get it. No matter what they do the stock tumbles. It's baffling.
Huge news! More details
http://highenergytrading.ltd/will-canopy-dominate-australia-well/
Nice post, but you forget all their international plays, Cultivation centers and partial ownerships in Germany, Spain, Australia, etc etc
Probably another 500M- 1B revs in a few years abroad.