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.
not much variety at canopy huh...the company I have in USA just finished growing 35 different strains that's more than tweed and bedrocan combined, even their development strains. and they are worth less than $10 million. too bad I can't post them though, my post keep getting deleted. $CGC is really not worth this much a lot of misadvertising, restricted levels of production, that's why the store is always out of stock. not because of significant demand increase, but because of significant supply shortage.
I think the system puts all LP's at an even playing field in the end, with even levels of production, so having one that is really at the end of its maximum growth level is dumb, better to buy into a smaller guy who is going to be this level in a year anyway. The government gives all LP's roughly equal amount of production capacity so they're all worth the same in the end.
Patient numbers are going to be roughly the same in all LP's in the end as long as government is regulating the business. There is no competition, and investing in the big guy leaves less growth room compared to the little guy they are all going to be the same size sooner or later as patients shuffle around and even out the playing field.
And if you are still waiting for rec, get cozy and comfortable cuz you are going to be here for a while.
okay bro's I know we do a lot of DD together but with all the new information being released each week anyone have a new updated guestimate as to where the PPS should be right now?
factoring in all new immediate events on the horizon. we are after all basically the only MJ play that is publicly traded and not a shell with diluted share structure.
my guess is 35 cents per share should be where we are at right now, a little over a hundred million dollar market cap.
$CGRA
Hard to believe how big this thing really is. Keep the DD comin' Btw 35 strains at 1940 plants is about 55 plants per strain, big hundred-million dollar LP's don't even have that many strains available.
good job point that out buddy. first to market is huge and will define them amongst the other companies. first to market means we have a monopoly as well, being that we are also the only ones to market.
people are msging me saying they are tired of the pumps and dumps and ready for CGRA. families, I didn't tell them the stock symbol though, but many people want in just based on me comparing CGRA DD to companies worth half a billion dollars etc..
$CGRA
down on low volume have a great weekend everyone!
all day they been shaking out loose shares glad the support level is here now. kicking yourself Monday, jumping off rooftops Tuesday, remember when I said that? oh you'll remember.
can't wait for quarterly, shud be epic
Float is: 259,063,992
Company is committed to never diluting again.
real potential here especially after the ballots, I would say it peaks off 3-4 months after the ballot, maybe about march could see a dollar if they secure a deal in cali. investors are waking up and realizing we are the only legit play in the US MJ game right now. we are currently monopolizing the entire boom and movement in the market.
I'm getting PMs of people from other boards wanting to come to CGRA because they are so tired of the pump and dumps and want a legit play.
selling now is cool but November 1st is literally on Tuesday. The day after tomorrow in terms of trading days...no dilution is confirmed.
"Additional information will be provided on further development at the site as agreements are completed. This includes discussions with existing tenants and additional interested parties."
Sounds like the grow is catching new eyes who want to lease for their own operation. I thought that once this grow is complete the most important part would be showing how legit $CGRA is and getting more leases in on the action.
Congrats guys. 0.30 by end of year if all goes to plans at the ballots and well is drilled and pumping. I know this is old but:
"The growers have 25 years experience in medical MJ and materials coming out of Cali are coming from a high end medical MJ operation in Cali"
He mentioned high end medical MJ growers in Cali, and in the stickied PR we have partners in Cali apparently, I hope we can get an entry into the Cali rec market would be huge for the company.
https://twitter.com/FostermRobert/status/593240667305947136
I feel like we have wells pumping already but I'm not sure since it remains unconfirmed by the company.
Bro's and sis's I think we know whose remaining VP of CGRA when rescheduling hits, hell I'd make him CEO with this kind of ingenuity. Way way ahead of the pack now.
Peoples' of the world, we're heading home.
Yea this the jungle baby just be sure you are first to the kill to get your fill. Just like CGC 2's.
Thx, but most investors aren't too savvy on the dig and that's already soured the boom for now, we are still way out on rec for Canada, but rec for a portion of the USA that is maybe triple Canada's population is set for some venture opportunity.
Don't doubt the stupidity of the masses though better to play dumb when your money is at stake and follow along where the money is going than to know and believe in a company that will take too long for others' to realize. tis' the jungle baby. green plants and red blood.
yea but I'm talking about market cap, there are companies under $10 million market cap producing the same or more amount of bud.
CGC should have a bond or other form of funding that way the debt doesn't always fall on he shareholders. as long as they aren't making money they're going to dilute. other companies are producing the same amount of bud and haven't diluted in over a year. sure there is debt but it is not shareholder responsibility and they have a decade to pay it back. these CEOs I tell you, some of them don't know their bums from their brains they just got lucky. others well others are genuinely innovative and are bred for competition. these kind of companies won't survive the competition that rec brings, they can't even profit off of their license capacity without diluting.
that last PR did it for me, this company is a going concern because of restrictions placed on their profit potential. They don't even need to dilute for more production space like everyone is thinking, they just need to dilute to stay profitable.
yo wtf is with this PPS, they are misadvertising to investors telling them they have 340 000 sq ft of green house space it doesn't take that much to grow 12 000 kg of weed a year. They are trying to seem grander than they are, likely they won't even get to use their entire production capacity even with rec license, because they will only serve a 35 million capacity of people.
the point here is, there will be opportunities for entirely new companies to acquire rec licensing and the process to acquire may not even give priority or prevalence to medical companies, this may always just stay a medical company if they have to wait in a fair due process line with 10 000 other applicants. and another up and comer may beat their production numbers in its first harvest, the game can change so quickly.
this PPS sucks, this should be a billion dollar company but production limits is stopping that.
http://news.nationalpost.com/news/canada/who-wants-legal-marijuana-not-so-many-canadians-as-once-thought-survey-finds
What we need right now is a west coast supplier for after November 8th, and if it is the CBDs machine we're well positioned for medical supply as well which I think would be the only reason for inspection, probably to enter medical market as well as rec.
btw 47 acres is over 2 million sq. ft of grow space. Not to sound pumpy but production capacity sizing rules could change if the laws do. and we are already the largest publicly traded marijuana grow. don't be tricked by other people's PRs we can't say it because we are still a clandestine operation for the most part until laws change.
dare to dream big because we are really in a position to even if it is just rescheduled to schedule 2, we would already have the mechanism in place and passed to serve a solely medical nationwide market. these CEOs are genius. CBD oil is not typically a recreational product...it doesn't produce a high like THC.
West Coast population: 50+ million
Dream big. Mastermind.
really? think snoop'll add another 100 million onto the market cap? because we can only produce 12000 kg per year...until we get a rec license in like more than a year. this is bogus, I don't know where this will go, considering I did the math and tier 3 growers in Washington are allowed to produce more than a Canadian medical LP (they're allowed 30000 sq ft. of canopy x 4 harvests). Health Canada still draconian in their policies, and the irony is how much money taxes put out to fund them...
someone should make them pay back for all those millions of tax payer dollars wasted on anti marijuana adds in the con days. I feel sorry for these CEOs they live with regulations and restrictions that are so tight for the industry no wonder their shelves are always empty.
Not to mention the population American REC MJ companies may end up serving compared to Canadian REC MJ companies...
could also be for the 54000 sq ft of indoor, rob did say bigger developments coming and it would make more sense considering I don't think you don't need to inspect a cbd processor, and it is coming to winter months they'll want the grow set up and running, also would be great because if any states legalize they will start sale of rec January 1st, we'll be just in time with indoor harvest.
we didn't even PR the harvest yet, and we all know it happened based on DD.
I like that they have partners in California, looking for an entry into that market after the vote if it passes, that's more populated than all of Canada and it ain't just for medicinal use. profit potential through the roof.
lets just say I have a company that is already growing as much if not more per harvest than CGC, and is worth less than $10 million market cap, 300 million float shares, and has proof of grow, only problem is the grow is not actually owned by the company until rescheduling happens they just lease the space.
but compared to tweed's croptober they are possibly bigger and it's only their first harvest they just completed last month.
guys just plugged in some numbers, and if that last harvest was 3.4 pounds per plant or higher, we are on par or larger than the largest Licensed Produce in Canada is licensed to produce and sell...making us the largest legal grow op in North America and basically the world. I'm surprised but not surprised I keep looking at the google earth image over and over. And it was our FIRST harvest!
Key numbers: Largest current grow op is licensed to sell 12000 kg, or 26455 pounds of weed. divide that by four for each harvest per year and you have 6613 pounds of weed per harvest, if we harvest that many pounds it would have to be 3.4 pounds per plant for 1940 plants. If we do we are on par with a half a billion dollar Medical MJ producing exclusive company and we're worth less than $10 million. I don't know how we did it I must have been asleep.
If you want further details please let me know. I'll give you the company they just recently PR'd their amended production license as well.
I really want to know production numbers from the 8000 sq ft indoor harvest but I'm thinking it might even be bigger than the outdoor was. And the twitter caption for the indoor harvest said "Bigger developments coming " wonder what that could mean.
I'm so psyched now, omfg, and 8 trading days left until ballots.
That's the best part, because legit plays are so few and far between they are going to monopolize the movement, people are smarter now, they want legit plays.
I can actually feel how bitter investors have gotten over the MJ movement in the US and it hasn't even started yet because they didn't do their DD and lost their money on shells PR pump dump dilute r/s repeat companies. But just like CGC if you are there first, you are in for one hell of a ride, if you can find a legit play.
I have enough time to make some returns in the US MJ game before Canada even legalizes, if they do it in the US, companies have until January 1st to shape up before first sale of rec hits the states that voted in favour, that's not much time to accumulate before rec revenue starts rolling in. then you have a year in the company you invest in if you find a good one, before really deciding what to accumulate in for Canada's rec sales to begin. This is a traffic jam to me, I see big money has already hijacked the PPS, I don't like fighting for chump change when there are bigger returns to gain elsewhere.
I don't even see this as much of a legit play because of it's fiscal position, I see Dundee just made $25 million in like 2 months over a CEO's poor dilutive decision. That is investor money. I have companies that own 47 acres of grow space for rec and haven't diluted in over a year. Injustice, everywhere.
Plus what if you have to reapply for a rec license and go through the whole process again to be a rec company. even if you are a medical company? so much time wasting when I could be booming in the US.
yea until big tobacco ruins it for everyone. prerolled pack of phillip morris MJ in every corner store of Canada. I hate traffic jams anyway, and cali has a bigger population than Canada and is voting on the 8th...going to see how that goes. infact 1/4th of the American population is due to maybe legalize it and that is like more than double Canada's population right there, ontop of everyone who has already legalized it. so the real demand and human capital is in the US. too bad federal law makes it risky. but even if just one more state legalizes, they are in majority position to have the laws rewritten on a federal level rescheduling MJ for all states, and opening their companies up to real credit funding not to mention less risk investing.
GO $CGC!
I am looking for legit MJ plays that are coming up from nothing I think if we are going to have a real boom we should start from scratch. I'm not rich enough to be satisfied with returns from a stock worth $6 enjoy the ride though, see you at the top! This is a once in a lifetime opportunity for me and many like me and I'm going to treat it as such, I'm a kid who grew up during the tech boom and I know that booms can create countless millionaires. Good luck to you as well!
no I saw your answer, well done, we do have a company here with hundreds of millions in reserves it is working on extracting, as well as millions in leases it is building toward. this will be dollars soon, no sense worrying about it.
well if you're one for useless extra beaucracy sure, but really if they abolished the medical program all together it would save a lot more money in the long run. its a pharmaceutical sure, but so are herbal supplements. its also a food, shouldn't need a prescription just an adult i.d. I know some kids need it for medical reasons but even that is the exemption not the norm. anyway Canadians are very sick people and need access to quality medicine.
how was the flip?
may not be covered by insurance if its available recreationally. but everyone knows you can't lose if you invest in CGC. I'm thinking the government is going to be rather prudent on their November 30th announcement though, they usually are, it doesn't seem as big of a boom catalyst to me anymore. quarterly on the 28th seem bigger.
I'm thinking of like the Pizza Pizza of weed should be invested in, just order 30 minutes or less to your door. wow what a time to be alive.
I like the way you think
nope it stated news following inspection this week. inspection could be Friday...look out for beast mode soon though, this could be the last we ever see of 1s depending on PR.
lots of volume today, I freed up some other plays to accumulate more in this, waiting for a good price entry.
any possibility we could be supplying cali after November 8th? I looked down the map from Washington and all the states in our vicinity will be legal. cali alone is more population than Canada...
they're finding spreads to buy and short this stock in right now...what a dumb fight why don't they just let it run.
yup I did that too, I figure there is plenty of opportunity to buy for larger profit margins than CGC is going to give out. This is a whole new industry forming, not just one being birthed from an old medical mj industry. I'm more interested in a recreation exclusive company, besides SL could have their license to sell any day now, then what? lot more profit potential there in the next 12 months if they get their license. Will be larger than CGC facility and better quality grow equipment/ tech too.
MJ plays are going to come along, I'm holding my profit for November 8th American plays, legit, with nice share structure, I'm not going to fight for chump change here when they are clearly painting it up now.
Most people won't even bother applying for medical when rec hits.
meaning it cud run hard friday
if site inspection is this week you are looking at a PR on Monday.