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Other than the company sending a rep to Germany and getting listed on their exchange? Admittedly not, but this is in line with the roll-out strategy, so I'm willing to take that at face value for now.
Here is an article from NORML. Read it. Understand just how hard it was to get the license for Illinois.
I don't think people appreciate how significant it is that EAT got in early here.
Marijuana Pay-to-Play Licensi g Trend
We paid. Now we play.
Someone is going to. It would be stupid not to at least try and buy them out.
While everyone has been bitchin and moanin about not making zillions in profit immediately after being listed, EAT has been busy setting up the administrative and legal framework via licensing, etc.
I just wish they didn't waste time getting out those cbd pills simply to appease impatient investors. That was pointless, I think... no one was happy, anyways.
Have some patience, people. Know a good thing when it's looking you right in the face....
Ok, I understand the caution and skepticism on this play. I've been here heavy for over a year now, and I'm finally in the green - by being patient.
There a lot of things wrong with your statements, particularly the "I hope our product is pharmaceutically safe" bit. This is still cannabis we are talking about here. If you still have questions about the safety of weed as a medicine... we can't help you. But don't suggest stuff like that.
Aside from this, I hope they do not change the pot culture for the sake of making more profits. Consumers can smell this a mile away, and weed smokers will go to competition that does a better job of at least concealing the necessity of profit. If you had ptsd or cancer, would you rather take a medicine called "Blueberry", or something like "apoxicarbidol43"?
This company does a good job of understanding the culture. They are obviously able to adapt (if kept on-track). They are the easiest way for Canadian investors to invest in a global Canadian company, entrenched in the US market - before it explodes in growth. It appears they have a foothold in Europe now, too.
Canopy had the exact same issues when they started. It was actually worse for Canopy (then called Tweed) because they grew all their own and had way too much surplus and not enough clients. They are fine now.
And actually, that's when EAT started working with Canopy and started putting out those press releases: They were assisting to turn that Canopy surplus into oil, because there was a danger of mold during storage.
EAT doesn't have this problem. The only short-term problem EAT has is patient growth. And this will come with time and
Patience.
Once Colorado is a go, this stock will break $0.50 in Canada. Hell, Canopy sp is way higher, and their market is smaller, so $0.50 is probably being conservative.
Up another 8% on Canadian side at 0.065!
I'm glad i ignored the haters all these months!
Thank you!
"Safe Harbor" is in reference to Admirality Law. It is the law of commerce and believe it or not, our modern commercial laws are based on very, very old shipping laws that haven't changed much (think pirates vs. crooked market makers, etc).
There is "common law" (ie: natural law, God's law, etc) that says no killing, no stealing, etc... "common sense" kind of stuff. Everything that is not a common law is basically a "statute law", where the government makes a rule (don't run red lights) and imposes a penalty on your natural person if you do, via your birth ("berth") certificate. Because all men are equal under God, the way around this is to use the birth certificate to give the (King's) court jurisdiction over you.
Admirality Law, or, Maritime Law, is the very foundation of our commerce and Western system. If a judge (the "captain of the ship") in a court is at a conflict of interest or has proven unfit to judge, he is said to be "recused", which means "to be set adrift" - literally floating away from the ship.
When a corporation is seeking "safe harbor", it is asking any court preemptively to set aside what it may have said while "out at sea", participating in the act of generating commerce. The corporation/ship asks the court for consideration because it was busy generating commerce/taxation on behalf of the King.
Long story, short: They're covering their butts.
The movie should have been called The Pirates of Wall Street :)
There's your interesting fact for the day lol.
BTW I've been watching BLOZ again and thought the latest news was pretty positive. I think the acquisition of patent rights is fantastic news and means management is confident. I also appreciate the professional posts that have been up lately - a very refreshing break from the MARS stuff.
I agree. "Goin to MAR$$$$$!!!!!"
I can't take this stock seriously anymore and I imagine there are others like me. It screams pump and dump. I'm interested in the science behind the business, but I can't follow this board anymore. Sorry, it's too immature.
One good thing about Twitter...
Since everyone's been talking about it, I've made the effort to learn how to use it more effectively. It's really quite good as a news feed - it's where I turn now for information and random things, and I use FB less and less. I wish they could figure out how to make it win!
I agree that it is more important to focus on cannabis detection.
A method to detect illness, etc. is very important and would be an added bonus. But there will be so many companies focusing on this market and the technology will forever be growing, adapting, and evolving.
Whoever nails simple roadside cannabis detection... well, it is what it is. Roadside alcohol breathalyzers haven't evolved much because it's not necessary - they are a definitive technology.
I personally think TSXV:CGC doesn't care too much about the medical aspect of cannabis. It's a bonus and adds to the product's legitimacy, but I think they are all about focusing on building the infrastructure of cannabis dissemination in Canada - medical, or otherwise.
The new Canadian government will likely turn to TSXV:CGC for help with policy and logistics once it is up and functional and ready to legalize pot.
CNSX:EAT is focusing on the the US market and has the distribution framework in place already in quite a few states.
Eventually, these companies will merge for the benefit of everyone. They will become a North American powerhouse once the policies of both countries align in a way that will allow cannabis to cross the border like any other commodity.
I would get in now on CNSX:EAT for the reasons I specified in Post #39. $0.07/share is ridiculously cheap. Growing season is done, it's time for the launch of some products and the generation of revenue.
I can't wait.
I'm a new investor. Got into NXTD as one of my first trades at $2.07 before I did my DD.
Best advice I have received in my short time as an investor (from someone on an Investorshub board): "When you realize you've made a mistake - GET OUT. We all make mistakes. Man up, admit it, lick your wounds, learn from it... and move on."
I got out of this POS at $1.72. A loss? Yes. As bad as it could have been? Hell no. I am fortunate that I only had a small position.
Look everyone. This technology is like a SEGA Genesis - it's the "in-between technology" that buffers the space and time between huge leaps in technological improvement.
It seems that Wocket (stupid name!) works "most of the time". Who cares? By the time they figure out how to make it work consistently, cards themselves will be obsolete.
You cannot compare a goofy, clunky, Wocket to tech advances like this:
Not-so-distant-payment-option
The poster that compared this to a 2005 DVD player in the age of digital streaming was right on the money. Don't short this stock. Get out now while you still have some money left.
That was my first time to see the CEO. I get the feeling that he is a very calculating businessman and that he wants to make lots of cash.
My feeling is that he ultimately wants to sell this company, hence the creation of Canopy. I think he's focusing more on the development of the market - the infrastructure and delivery system itself - which would be contained under the umbrella of Canopy, rather than pouring resources into the product itself at this time.
He mentioned that he is interested in developing international relationships based on having a good reputation in your own country first. I wonder if the goal is for a large foreign buyout, with foreign owners perhaps importing when the regulations eventually allow it? There are surely huge players in Europe, I can hardly see a small Canadian start-up "dominating" Europe when their markets have been established for years already.
Regardless, when I hear about his salary when the company is not profitable, I cringe. I just hope that his personal ambitions know no bounds and he can massage the system into what he wants - and I can profit a bit from that.
Actually, I'm a new member with a sizeable position in Tweed that has been lurking for a while but is now expressing some legitimate concerns about the state of the company's operational practice. Because I'm talking science, not "to da MOON!" B.S.
Glad to see I'm welcome and my concerns matter.
Circle jerk? Funny guys.
I didn't know being a member here required me to actively assist in the pump.
I'm out as soon as I cover my losses.
I think the problem is with the statement "the pics I've seen the quality is good".
Pics mean absolutely nothing. Anyone that has ever smoked can tell you that some of the craziest looking weed is often complete garbage. I've seen weed in the Dominican that was full of seeds and looked like shake - but blew minds.
The only thing that a strain has going for it is it's genetic potential. A plant can only hope to achieve the maximum of its genetic potential - and no more. This is achieved with selective breeding over time. You can put it under the best lights, have the best growing conditions in the universe, feed it all-natural organic compounds, sing it to sleep... but it will never exceed its genetic potential. Ever. It is scientifically impossible. That's why GMO products exist - their genetic potential has been modified to maximize quality, yield, etc.
I am very concerned that the other poster received seeds with a shipment. That is literally the equivalent of going to the bank and taking out $100... and they give you the machine to print the money with it.
I'm bullish on this one
Management seems a bit flaky on-air, but they are very quick to answer concerns through email. I'm talking within the hour, and I like that from a customer service approach. They seem to be personally excited in the cannabis movement as a whole, which implies to me that they see their future success as personal justification of the existence of the industry. Don't discount fighting for a belief - this drive is very important.
The fact that they are a Canadian company that has abandoned the tight regulatory framework of their (my) country for more lucrative markets in the US implies that they know their global market and will go where the money is. Canada can be revisited when we catch up to the States on the legalization issue (which is hugely ironic).
Bull or Bear economy - it doesn't matter. From a "recreation" point-of-view, people will get high if they have a lot of discretionary cash or if they don't. It's like alcohol, but more affordable and safer. The high lasts longer and is therefore, more affordable for the customer in relation to alcohol, and this = more bang for the consumer buck. Plus much higher margins for the investor.
NHL is trying to implement products with a consistent high using automation. I believe this is the missing piece in the cannabis consumer's world, and cannot be understated. It will add much legitimacy to cannabis as a product. Their marketing strategy appears top-notch.
I'm expecting a huge bump once product lines are on shelves in the fall, rapid and robust expansion to follow :)
Shelf Space in Cyberspace
I'm new to investing and I understand that you should not invest based on rumors of buyouts. That's just being a sillyhead.
However...
As someone with coding and web design experience, it would seem to me that Twitter is the Pepsi to Facebook's Coke. Not everyone prefers Coke and some - not a majority, of course - really enjoy a Pepsi. Some like both, some don't care, and some can't understand what one sees in the other.
When you look at all of the sharing options for pages across the Internet, FB and TWTR are always options. The amount of work that goes into programming this - times the billions of pages out there - cannot be overstated. I am inclined to compare this to shelf space in the brick-and-mortar "real world". Even if the Twitter.com as we know it disappeared, that quality shelf space still exists all over the earth, from huge sites to little dinky ones. A company that bought Twitter would instantly be positioned like "Pepsi", with all of the actual coding work and promoting having been done over the past few years, even prior to the TWTR's IPO.
I remember when Google+ was introduced, and it was a pain in the ass to review online assets and incorporate it into an already-defined structure, the assumption that Google+ inclusion was absolutely necessary because Google would dominate social media. Well, it didn't. Not only was Google's social media product sub-par, but I believe that plenty of sites just didn't bother updating their structure to include Google+ because it was just too late to the game - even for Google.
I don't think a company the size of Google cares too much about TWTR's fundamentals, as the stock would see a significant recovery by them just being involved, and incorporating Google's resources into TWTR could spin it around quite quickly.
Years ago Google allowed TWTR posts to dominate their search by allowing related tweets to be "first" in search results. FB is a closed environment and they won't allow this with Google. I can see Google reverting back to this method to increase users/visitors/ad revenue over the long haul. Preferential search results placement is what crowned YouTube king.
Any thoughts on this? At what point would a company like Google step up and purchase TWTR simply for the online infrastructure that is already well-established? At what price do you think they would purchase Twitter's name and established infrastructure?