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You didn’t read it very well, the answer to both your questions is in the first sentence. They also have 1,000 acres in Colombia.
https://gmpnews.net/2018/12/instadose-pharma-become-largest-pharmaceutical-producer-of-cbd-oil/
“TORONTO — Flying under the radar for the past few months, InstaDose Pharma is ready to hit the market with 2 million liters of CBD oil in 2019. InstaDose Pharma has over 200,000 farmers harvesting cannabis out of the Democratic Republic of the Congo on over 100,000 hectares of land. The main production facility is GMP certified and pharmaceutically accredited with EU Pharmacopeia standards.
“The cannabis companies of Canada need to understand that just because you are the biggest goldfish in the pond doesn’t mean you shouldn’t be concerned about the whales in the ocean. Everything in the Canadian cannabis industry is based off the cost being $2800 per litre for CBD oil. While international forces outside the Canadian bubble are able to produce 99.7% purity level at $102.50 USD per litre.” said Grant F Sanders, CEO, Instadose Pharma Corp., “We’ve kept our operations in the shadows due to concerns about the reaction of this news with licensed producers and the public investment sector. But now that our first crops are about to hit the markets in a few months, I think it’s about time the fish learned about the whale.”
To date, Grant has spent over $76 Million USD on building the current operation and is already in motion to expand production land to 250,000 hectares after the first 90,000 liters hit the Canadian market. IDP is currently in discussions with major pharmaceutical companies to assist with the release of the first batch imported into Canada.
Currently, the largest licensed producer of cannabis in Canada, Canopy, has approximately 40 hectares of production land. At 400 hectares, IDP has 10 times that amount of that in Colombia alone. According to Grant Sanders, Colombia was just not enough for them to be able to expand to their maximum potential. “We quickly realized that growing there was not the smartest option and the production capacity and price that we could achieve in the DRC was 99% more beneficial, to both us and the end user,” said Sanders. “What’s about to happen to the market isn’t a result of what we’re doing, it’s the result of what they’re not. You can’t blame Usain Bolt for being the fastest runner in the world just because you’re too slow”.
Additional links
https://gmpnews.net/2018/12/instadose-pharma-become-largest-pharmaceutical-producer-of-cbd-oil/
instadosepharma.com/
https://business.financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/canadas-largest-cannabis-producer-brings-down-cbd-oil-costs-by-96-34
Worldwide CBD Prices are about to drop significantly.
96% to be exact
Sourced from a 247,000 acre Hemp Farm in Africa InstaDose Pharma is ready to hit the market with 2 million liters of CBD oil in 2019. InstaDose Pharma has over 200,000 farmers harvesting cannabis on over 100,000 hectares (247,000 acres) of land. The main production facility is GMP certified and pharmaceutically accredited with EU Pharmacopeia standards.
CVSI just as the rest will all have to drop and meet the price or lose the business.
https://business.financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/canadas-largest-cannabis-producer-brings-down-cbd-oil-costs-by-96-34
Oooooops, there go those margins.
There’s more to it then just the “Farm Bill.” The farm bill is an 867 page complex matrix of provisions intended to help farmers already in the business of growing food and fiber for domestic consumption and export. It would also include certain restrictions on imports of food and fiber. These are mostly private enterprises running from small operations of a few acres up to multi billion dollar operations requiring annual financing to the tune of hundreds of millions. Farmers are also, by nature, conservative. They wouldn't, at first, fall all over themselves to commit large amounts of capital to hemp production just to supply some hemp by products to sell to the health and wellness businesses. Which means this is a tiny provision within the total package and not exactly something the politicians who must vote on the bill are deeply concerned with. The reefer nuts, however, pay no attention to what the politicians are debating about among themselves.
Hemp “investors” are trying to simplify what is a very difficult piece of federal legislation with provisions that will have an impact on farming revenues for years to come. Hence the title “Farm Bill” not “Hemp Bill”.
Additionally the following articles are on point regarding CWBHF as well as all the other Hemp investors;
This one in USA Today
https://www.usatoday.com/story/news/2018/12/22/fda-chief-says-cbd-products-still-illegal/2400167002/
And this one directly from the FDA themselves;
https://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm628988.htm
Regardless, CWBHF appears to be best positioned in this sector. I bought in at $8.80 and expect to turn a tidy profit.
I believe the article to be on point regarding CVSI as is this one in USA Today
https://www.usatoday.com/story/news/2018/12/22/fda-chief-says-cbd-products-still-illegal/2400167002/
And this one directly from the FDA themselves;
https://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm628988.htm
As oppossed to reading “proposed regulations” from a lobbying arm of the Hemp Industry I’d prefer reading the actual FDA proposed regulations over what they regulate, mandate and enforce in regards to new NDI’s. NDI being New Dietary Ingredients, defined by the Dietary Supplement Health and Education Act of 1994 to be a dietary ingredient not marketed in the United States before October 15, 1994
the Dietary Supplement Health and Education Act of 1994 ("DSHEA"), is a 1994 statute of United States Federal legislation which defines and regulates dietary supplements. Under the act, supplements are effectively regulated by the FDA for Good Manufacturing Practices under 21 CFR Part 111
This is the main issue which I’m continually hearing from the 5 companies now trying to buy our 190 acre Kentucky former Hemp Farm as negotiating points to try and lower the price.
https://www.newcannabisventures.com/fda-asserts-regulatory-authority-over-cannabis-derived-products/
https://www.fda.gov/Food/GuidanceRegulation/GuidanceDocumentsRegulatoryInformation/ucm257563.htm
Ya think? I think lots more competition in an already overcrowded market coming. Example?
https://mjbizdaily.com/canopy-growth-us-market-farm-bill/
No, it won’t.
Maybe you will hear something “mid January”, as to the “uplist” you’re more likely to hear something never.
Don’t be so ready for something that’s most likely Not Happening.
Why?
NASDAQ Rule 5101. Listing may be denied for association with individuals with a history of regulatory misconduct. Resolved, yes. But applicable.
Hemp Bill Signed, yet, CVSI
Low Volume
Price Down
No “uplist” - 5 months and counting
Only $145.50 short of the predicted $150.00 S/P
GLTA, off again on vacation and to continue negotiating with (The now) 5 companies bidding on our 190 Acre Farm. Hurrah Farm Bill!
LATEST FARM BILL TIMELINE
Key step for crossing threshold of passage into law
Monday — Passed Conference check
Tuesday — Text of Bill made public check
Wednesday — House Vote *** check
Thursday — Senate Vote check
Thu/Fri — Trump’s Desk No
S/P since posting - Down
Uplist yet?
It was a bad bet in 2012 as well as a bad bet in 2013-2018 and if you “bet” on it now it’ll still be a very bad bet
When? 5 months since CVSI requested “uplist” yet NO uplist!
As well as this one. Canna set / CVSI has already shown their willingness to play in the grey areas as well as cross the line beyond into fraud resulting in the Mona suspension ad fine. Next they’ll have to deal with this;
https://www.racked.com/2018/4/20/17262722/cbd-effects-fda-approved-legal-epidiolex-cannabis-byproduct
Exactly. Additionally, as to your point regarding questionable sales, look at the CVSI receivables, up a good bit from a year ago. Way too much for a business booking the sales it has claimed. The market value to sales ratio is still close to 100 to 1. A growth sector often is overvalued. And, it can remain overvalued for longer than one would figure would be reasonable.
As to the “Farm Bill”, The provision in the farming bill legalizing hemp doesn't necessarily mean anyone with a plot of land in the countryside will be allowed to grow it. There will be individual state regulations. And there will be license fees. And special hemp taxes to pay. A growing operation will have to keep meticulous records. Bird dogs will snoop around on a regular basis.
The result is we will likely witness the sudden emergence of dozens of OTC companies getting into the hemp production business.
Lastly, CBD companies who don’t abide by the nutraceutical disclaimer; These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease or illness. * are likely to receive one of the FDA letters or cease and desist orders referenced below;
https://www.naturalproductsinsider.com/regulatory/fda-warns-drug-manufacturer-marketing-cbd-products
Yet with all those figures, quotes and numbers CVSI is down 20% in the last 7 hours of trading.
Do you know what else is slipping?
The S/P of CVSI
Down 19% in 1 day and 1 hour.
On point!
I recall a post on this board stating CVSI would be $150.00 within a year.
That was a few months ago.
That leaves only $145.60 to go.
As previously stated there will always be rookies but few veterans. Comparing an OTC Pinkie like CVSI to Bill Ackman, Pershing Square, HBLF and a true stock exchange is akin to comparing triycicles to my Kawasaki Ninja 1000.
Amazing how the passing of the “Farm Bill” affected the S/P Of CVSI today.
Only down 12.62% ($.68)
Farm bills everyday?
100% agreed. Rememember there will ALWAYS be rookies but few veterans.
Well annunciatied.
I believe the reason is obvious as the S/P continues to fall like a sharp knife.
Off to SF prior to Sundance next month. See you in 10 weeks.
Uggghhhh, nope Today’s Thursday, The Farm Bills passed ......but CVSI is down $.37 or 6.86%.
Hmmmnnnnnn, guess that Farm Bill isn’t the thrust; energy, power or push as was predicted.
In conclusion;
(1) Farm Bill - YES
(2) Higher S/P - NO
(3) Uplist - NO
$150.00 per share - Only $144.90 short, or NO
OH WELL, that’s the OTC
Farm Bill The text of the bill as agreed upon by the House was made public yesterday.
It’s 800+ pages long. It can be found at the following URL;
https://docs.house.gov/billsthisweek/20181210/CRPT-115hrpt1072.pdf
While there is an interesting section on Japonica Rice, I’ve yet to find a word regarding CVSI, Hemp or CBD’s.
Also noticeably lacking is a single word from the Senate including Hemp’s main proponent, Senator McConnell (from Kentucky for obvious reasons).
I’m only 300 pages in so it may still possibly be buried somewhere in the remaining pages.
Meanwhile Mr McConnell has a stack of problems far outweighing this bill.
https://thehill.com/homenews/senate/420692-gop-fights-piling-up-for-mcconnell
There is a very nice picture of The Honorable Mr McConnell signing a bill with his “Hemp Pen” here;
https://www.marijuanamoment.net/watch-sen-mitch-mcconnell-uses-hemp-pen-to-sign-farm-bill-legalizing-the-crop/
However it’s irrelevant to this bill which hasn’t begun debate on The Senate floor much less having been finalized or signed. If, and when that happens it must then go to Twittler In Chief, trump, for his signature IF he hasn’t fled to Russia, been indicted or impeached.
I’d sure like some help reading the 800+ page bill as I’ve previously stated The provision in the farming bill legalizing hemp doesn't necessarily mean anyone with a plot of land in the countryside will be allowed to grow it. There will be individual state regulations. And there will be license fees. And special hemp taxes to pay. A growing operation will have to keep meticulous records. Bird dogs will snoop around on a regular basis.
The result is I what we have witnessed; the sudden emergence of dozens of OTC companies getting into the hemp production business.
Dig in and read, the section on Wetlands Administration is particularly interesting.
Positive Farm Bill News is a win/win for us all as a 4th company contacted me yesterday about buying our 190 former Hemp Farm in Kentucky. But of course the contract had a stipulation for Hemp Growing Guaranteed
An additional breakdowns and outline of The House bill can be found here;
https://www.farmfutures.com/farm-bill/farm-bill-conferees-sign-package-final-vote
But again not a single word about Hemp, CVSI or CBD’s.
Uh huh.......
“ this one here tickles me ribs”
Mois ausi mon ami. (Me too my friend).
You can lead a Horse to water........
Agreed
CVSI and The Farm Bill.
This farm bill is a complex matrix of provisions intended to help farmers already in the business of growing food and fiber for domestic consumption and export. It would also include certain restrictions on imports of food and fiber. These are mostly private enterprises running from small operations of a few acres up to multi billion dollar operations requiring annual financing to the tune of hundreds of millions. Farmers are also, by nature, conservative. They wouldn't, at first, fall all over themselves to commit large amounts of capital to hemp production just to supply some hemp by products to sell to the health and wellness businesses. Which means this is a tiny provision within the total package and not exactly something the politicians who must vote on the bill are deeply concerned with. Cannabis investors however pay no attention to what the politicians are debating about among themselves. Ultimately a bill must please the President, wacko that he is. He may veto it because he doesn't like the SNAP program. He has just threatened to close off the entire border with Mexico.
The bill isn’t just about Hemp. That’would be simplifying what is a very difficult piece of federal legislation with provisions that will have an impact on farming revenues for years to come. Hemp may make up 3% of the bill. The only reason we even hear about it is McConnel’s from Kentucky and the only reason we discuss it is we want to grow Hemp for CBD. Every day more people I’ve never met nor heard of contact me about our 190 acre former Hemp Farm bought just for this reason.
You will continue to, too. Pump of the year. Everyone’s on or hopping on the CBD wagon. Interesting comparison here;
CVSI vs NBEV
CVSI - S/P $5.00 +/-
NBEV S/P $5.00 +/-
Market Cap 375mil (NBEV) vs 475 mil (CVSI)
CVSI Volume today - 1.8 million shares traded or $9,000,000.00
NBEV Volume Today - 25.5 million shares traded or $125,000,000.00 or 14X as much traded.
All on one NBEV announcement of buying a relatively unknown beverage company (Morinda) for 85 million.
Still no farm bill, still no “uplist”, still no return to $9.00 or even $7.00
One poster guaranteed CVSI will be “Uplisted” and a $150.00 stock within a year.
Really?
No, not exactly. Please., if you are going to quote me, please quote me correctly. word for word what I said was “GBLX is expecting to soon announce another new production license, much like the Louisiana.......... Note the word “expecting THATS the best I can do for you today.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
100% Agreed Meanwhile any info beats none.
Unfortunately, you’re using old news. Listen to C-Suite people or large shareholders who talk to John regualarly and you’d know GBLX’s up to the moment plans are not simply TECO, TECO, TECO, we’re much farther along at TECO and well underway in 1/2 dozen areas or more that simply have not been PR’d but are public knowledge via EDGAR or SEDAR. John’s NOT a pinkie PR Machine, he’s a doer not a talker. Perhaps you’ve misquoted the float + due to that.. John’s not even in the country (U.S.A) at this moment. But he will be Monday right behind his desk working on our new Canadian Division, ShowGrow, Colorado, Oklahoma, Louisiana, the status of our own trim and oil division. The Cura license has been rescinded iwhich is amazing news. It means far more revenue then a “license deal with Cura. It may be taking a little longer but 100% of that revenue crushes the prior JV Deal. Like you said yourself, patience pays off in the long run. GBLX is expecting to soon announce another new production license, much like the Louisiana first state production, which will be the first mover license ever fto be granted in_________________, A much larger Market than Louisiana, think guys or and do for deep due due diligence, it’s there. Where would JP love to be the first mover? Again, as you said yourself moon shots cost time and money. Be patient because once accomplished it’ll be one step for a company one giant leap for the companies owners, us, the shareholders.
Many things happening beyond TECO with GBLX
(1) We just pulled our first Hemp Crop in Colorado
(2) Our Canadian Division - still surprised the board hasn’t discussed this. Hint: There’s a good reason we’re now in Canada.
(3) Louisiana coming online, revenue coming.
(4) We’re beginning blowing the TECO Trim into oil. Alone. 100% of that revenue will be booked by GBLX. The CURA License Deal is over, dead. This is a huge step for the ever so wanted “revenue”. Instead of a licensing deal we now receive 100% of that revenue.
(5) Another state where we’ll soon announce we’re the first licensed producer. Watch for the 8-K announcing this.
(6) At heart, the “moonshot” is Medicine. Making real pharmaceutical grade medicine which is why we grow in clean rooms utilizing tissue propagation. Our IP Portfolio is growing daily. Note the Clinical Study Dr Small Howard co-authored announced just last week. Once the stockholders voted on a larger A/S allotment was there ever any doubt we’d eventually reach it?
Lastly, you’re still using the wrong number for the float. It’s simple arithmetic. Pre recent Q float WAS 201 million. Recent Q announced 55 million warrants plus company self issued shares that were sold had been converted to shares. 201+ 55 equals 256. Simple arithmetic, the float is in the 256,000,000 range.
As for the statement “when and only when I see an updated plan..........perhaps you need to speak to the company, if you’ve tried and can’t get who you want on the phone perhaps that’s why you’re not aware of the list 1-6 above. It’s public knowledge, straight from the mans mouth.
Ive been through TECO 3 times since that old P.R. and portion of an old Q. Plenty has been done since then. I’m surprised people aren’t speaking more about our new Canadian Division. Apparently nobody has determined what that mean’s. Think team GBLX it can only mean 1 thing and it’s good news. Wait, watch, you’ll see.
Uh huh. How exactly do you know this and why would they? Do you have a citation or link showing Market Makers are holding CVSI “down”? I recall predicting back one short month ago; @ $6.55, $6.50, then $5.50, then $4.50 then $$3.50 exactly where we are now. But it always comes back right Ania? Meanwhile down 45% in November. But it’s “Market Makers”, no it’s “The Farm Bill”, or it’s the lack of “uplist”. How’s that “uplist coming? 4 months since application yet no “uplist”.
Agreed. Long stretched out pleadings won’t help either, it will just keep it in the public eye. Imagine the downward pressure on the stock price a settlement or even worse what a negative dissolution of the case would bring.
You would be correct. There is no merit to the claim CVSI is in any type negotiations with “Starbucks”. If true, a link or citation of proof would be in order.
How high?.