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Yup, we got it and I agree. Shoot IR an email re your questions and concerns.
I did see on Youtube, they had a spot on Investment Pitch Media from a few months back.
Marketing/PR and pumpers all cost money(or shares) and in my 5+ years of experience with these weedstocks, I'm pretty sick of it truthfully. So this is kinda refreshing. Kinda reminds me of Pharmacan before they changed to Cronos. Just quietly build up your shares while this is undervalued, Dixie is forecasting 65mm revenues this year.
Resistance around US$8.35. Probably a good thing for today. Tomorrow, the added eyes(articles, news tv, possibly Cramer) and bigger institutional wallets that will be allowed to invest in this will get OGI trading at a higher channel. A sell off won't surprise me but I wouldn't say this has been "pumped", the company has been operating at a high level for sometime now. Investors in the know see the potential here.
And still hitting new highs...
LOL I was thinking the same.
I first heard of Dixie back in 2013. Took a small position Friday. Will be adding more. Has support at .70.
I look forward to a new release re FL, MA, OR.
Great news!
All cannabis stocks that went to the NASDAQ did well initially(Cronos, Village Farms, Tilray). The NYSE is another story, that exchange initially treated each weed stock unfavorably. Even Canopy faltered initially, it wasn't until they announced the Constellation Brands deal that the stock took off. As for all the other recent non-cannabis high profile IPOs lately - I wouldn't compare them. Different industry, different set of circumstances etc.
I agree with all replies and also want to add that Aurora went to the NYSE, Organigram is going to the NASDAQ. The Nas has been kinder to our weed stocks. Canopy also sank when they went to the NYSE. Canopy's PPS rebounded with the announcement of the Constellation deal. Canntrust also sank after getting on the NYSE. But Cronos, Tilray and Village Farms all popped when they graduated.
Organigram applying to the NASDAQ is great news!
https://www.organigram.ca/latest/organigram-announces-application-to-list-on-nasdaq/
Directors keep selling stock...
Yeah me too. EMMBF shares are delisted. Emblem is now a subsidiary of Aleafia.
Check your unrealized gains/losses. You'll see them changed there(at least for me on TD Ameritrade). I don't have them available to trade yet. Usually takes a few days. I remember when The Cronos Group changed from PRMCF to CRON and went to the NASDAQ, it took like a week.
It's funny, I owned Canabo(CAMDF) in 2017/2018 and sold for a 1 bagger. Now my Emblem(EMMBF) shares are converting to ALEAF so I own this company again lol.
Hello all, I haven't posted here in awhile! I'm still holding 6k shares averaged around a dollar and noticed the increase over the last two days. Any known reasons or ideas why?
I just saw the notice from last month about employees taking samples out the lab smh wtf. And I see management STILL isn't filing on time smh and still have accounting issues smh. No word on the Yuba or soCal labs or Mass lab smh. I see not much has changed. Still in this but meh, at this point I'm looking to sell off poor performers to throw into the next Cronos dip but whatever.
Why the spike and the volume today? Anybody know?
Good to see you too GoodBuddy! I'm still holding shares from 2016 of the 1st Cannabis stock on the Nas, so I'm doing real good lol. Hope your investments are doing well also! I'm trying to be more active on these boards. I'm an MCOA fan, tried to get shares today, will try tomorrow.
MCOA was the target of pump/dump groups. Some of them are from ihub(Sleek).
Thought I was the only one who noticed this. Still happening till this day. They're controlling the channel everyday. Didn't see them on the bid this morning and pps went to .0695 and then they got on the bid with 100k @ .071 and 100k on the ask @ .082
Yes this was huge news today. Great news for Cronos and MedMen.
R.I.P. Abattis. Emerald has bought the rest of Northern Vine smh
https://globenewswire.com/news-release/2018/07/19/1539423/0/en/Emerald-Health-Therapeutics-Completes-Full-Acquisition-of-Licensed-Dealer-Northern-Vine-to-Advance-Product-Innovation.html
https://abattis.com/2018/07/19/abattis-enters-into-definitive-agreement-to-sell-northern-vine-interest/
Yes it was in their plans but this implementation makes no sense and will not help shareholder value IMO
I'm just looking this over...this doesn't make any sense.
Back in November, they sold 53% percent of Northern Vine to Emerald Health for 2.5mm and now they're doing an "initial" investment of 2.5mm for 10% in XLabs?
Northern Vine already had a dealers license. Meahwhile:
Pennydawg is Stockzoom. I thought it was obvious.
Not arguing with u lol but where was the PUMP??? I'm still waiting for it lol. It never even got over .05
Yeah I was expecting it sooner too but I can't complain! Gotta give credit to my guys over on reddit. Thanks for this info. I hadn't heard about this, will investigate today.
Not even an "acquistion", it's an announcement that they're intending to investigate the company, to possibly acquire them lol. These deals fall thru all the time after due diligence. So yeah this is fluff smh.
Meanwhile companies like Cronos(NASDAQ:CRON TSX:CRON) ONLY announce stuff once complete:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141770925
On January 18th, Cronos' CEO Mike Gorenstein posted a pic from Poland on his personal Instagram. Today Cronos announced a 5 year exclusive distribution deal to over 5,000 Polish pharmacies and 200 hospitals.
https://thecronosgroup.com/cronos-group-inc-announces-exclusive-distribution-agreement-with-delfarma-in-poland/
Great news this morning! Hate to say I told yall so lol
Marijuana Company of America and Global Hemp Group Provide Update on New Brunswick Hemp Project
http://marijuanacompanyofamerica.com/marijuana-company-of-america-and-global-hemp-group-provide-update-on-new-brunswick-hemp-project-3/
THURSDAY, JUN 21, 2018 BY: PRESS RELEASESPOSTED IN: PRESS RELEASES COMMENTS: 0
Escondido, CA — (June 21, 2018) – MARIJUANA COMPANY OF AMERICA INC. (“MCOA” or the “Company”) (OTC: MCOA), an innovative hemp and cannabis corporation,is pleased to provide an update on its New Brunswick Hemp Project with joint venture partner, Global Hemp Group Inc. (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) (the “Partners”).
The joint venture recently completed the planting of 125 acres of industrial hemp at the New Brunswick Hemp Project location, in the northeast portion of the province of New Brunswick, Canada.
The Partners are also pleased to announce that an initial collaborative framework with the New Brunswick Department of Aquaculture, Agriculture and Fisheries (DAAF). The DAAF awarded a grant of $10,750 to the joint venture to support demonstration projects it will undertake during the current cropping season in New Brunswick. This grant will be directed to three areas of collaboration.
The first area of collaboration will be to study the impact of the European Corn Borer (ECB) on the hemp plant. From the cultivation trial last year, some hemp stalk damage was noted from the ECB. This study will determine if the ECB causes economically significant damage to the crop and will explore control options with further cooperative efforts. Results from this study could potentially benefit the entire emerging industrial hemp industry in New Brunswick;
In the second area of collaboration, the DAAF grant will be used to explore correcting soil acidity utilizing slag lime, an abundant resource in the region, and to subsidize the use of modern drone technology to monitor field conditions at the farms; and,
The third area of collaboration involves DAAF Nitrogen Fertility Project on a portion of one of the farms. The rates of Nitrogen fertilizer applied to hemp is being tested as a local follow up to research conducted at McGill University.
The Partners look forward to more collaborative efforts with the DAAF in the future. Information gained from these various initiatives will improve the management of the crop and benefit all hemp farmers in the region.
Hemp varieties chosen this year typically grow taller than six feet, and when planted at field crop densities, the height of the crop makes it virtually impossible to scout the entire field on foot and make visual observations of weak spots in the field greater than ten feet from the point of inspection. Because of this, Hawkeye Drone Services (http://hawkeyedroneservices.ca) has been engaged to fly over the hemp farms with drones equipped with multispectral cameras. This will provide a holistic view of a crop’s growth, identify issues and better target field scouting. The data collected will also provide soil moisture, temperature, and utilizing specialized software which doesn’t require years of background crop evaluations to determine physically stressed or unhealthy areas. Once stressed or unhealthy sections have been identified, a field scouting plan will be designed to pinpoint random representative observation spots. At these locations, soil moisture, pH, and weed pressure will all be measured. Hemp emergence and population will also be counted in these areas. These metrics will be utilized in evaluating possible differences in the growing conditions in the event that the CBD content differs in areas of stressed and healthy plants.
The Partners are also pleased to report that in preparation for the pending changes to the legal framework regarding the ability of farmers to process hemp biomass for the extraction of cannabinoids, the Partners have purchased a high capacity hemp dryer for the project. The dryer is expected to be delivered to the New Brunswick facility in early August.
Marijuana Company of America Launches New CBD Infused Cosmetic Product hempSMART™ Face
http://marijuanacompanyofamerica.com/marijuana-company-of-america-launches-new-cbd-infused-cosmetic-product-hempsmart-face/
TUESDAY, JUN 19, 2018 BY: PRESS RELEASESPOSTED IN: PRESS RELEASES COMMENTS: 0
Escondido, CA — (June 19, 2018) – MARIJUANA COMPANY OF AMERICA INC. (“MCOA” or the “Company”) (OTC: MCOA), an innovative hemp and cannabis corporation, is pleased to announce that the company’s hempSMART™ brand has launched its revolutionary new cosmetic product hempSMART™ Face.
Each bottle of hempSMART™ Face is formulated with 150mg of full spectrum, non-pyschoactive, Cannabidiol (CBD) oil derived from the industrial hemp plant. The newly developed hempSMART™ topical is a nourishing facial moisturizer that combines CBD oil with a unique blend of ayurvedic herbs and botanicals that is designed to refresh, replenish, and restore your skin cells on your face.
The innovative new formula is rich in Omega 3, 6, 7 and 9, along with naturally occurring ceramides and contains synergistic ingredients such as Organic Aloe, Sabi Inchi Oil, Argan Kernel Oil, Macademia Seed Oil, Rose Hip Seed Oil, Pomegranate Seed Oil, Tulsi, Turmeric Oil, Frankinsense, Ashwaganda, Sweet Potato Root Extract, Coconut Oil, and Sea Buckthorn Oil.
MCOA’s CEO Donald Steinberg commented, “Our team is excited to announce the expansion of the hempSMART™ brand into the world of cosmetic products. HempSMART™ will continue to build upon our already established and unique formulations to provide our customers and affiliates with the tools needed to succeed in the wellness industry.”
Interstate commerce will be sorted out as a part of federal regulations associated with some degree of federal legality(either medical or recreational). Right now we have no federal legality.
Canada has had federally legal medicinal cannabis for over a decade and has been exporting for years. Australia recently legalized medical cannabis on the federal level and is exporting/importing cannabis.
Companies like Cronos and Canopy take advantage of this to supply globally. When you operate in countries that cannabis is federally legal in some form(like Uruguay, Canada, Germany, Australia, Jamaica, Columbia), you can import/export between them as long as you have the correct licenses. In some cases, cultivating/processing in these countries is much cheaper(Israel) than Canada, America or Europe.
America has a loong way to go. We'll have more states on the ballot this year but far short of full legalization(either medicinal or rec). Until some level of federal legalization, it will be a state by state mico market which isn't really indicative of the global cannabis market's potential.
Your investment strategy is up to you. There's pros/cons either way. I just feel investors in this cannabis space need to be alittle more informed and more "visionary" on the actual market. The cannabis industry needs to be compared to others like alcohol, tobacco and coffee. There are different levels of quality and products and not all cannabis is the same. It's not all about who can grow the most. I feel that's an uninformed metric that finance guys use because they don't know any better. Alcohol companies are never compared against each other by how much rye and barley they grow and neither are coffee companies.
You mean I must live in one of the other 42 states that haven't legalized adult rec? lol yeah I do. You guys out west seem to forget that most of the country hasn't legalized yet! lol.
The glut is a state market specific issue. Too many licensed cultivators in a small space(the state). Regulators did this to drive out the illegal market. But currently, since weed grown in WA can ONLY be legally sold in WA - hence your low prices and glut.
Once cannabis is legalized nationwide(in some form, medical or adult rec), then interstate commerce can begin(like alcohol and tobacco) and it will be a different story.
Yes, the argument can be made that fancy stores and fancy packaging aren't needed. I guess tell Apple/Starbucks/any fancy wine distributor that...But that's not even the argument I was debating. ATT_for_life made a comment I commonly read on these boards - that all cannabis products are the same and quality won't matter to the consumer so there will be no differentiation in the market. But quality definitely does matter. Taste, smell, effects, organically grown, method of activation(smokable flower, edibles, concentrates, pills etc) does matter. There's a HUGE difference between the Mexican brick weed the cartels push down the pipeline up to the north east and the CA/OR/WA bud that can be gotten out here. Cannabis users search for and prefer anything grown from the west coast and anyone who can successfully receive bud from there AND can verify it's authenticity can pretty much charge a premium and sell out instantly. The only people who routinely buy "regular" weed(reggies) are newbies, teens or people who just don't have the money. This market will be exactly like alcohol/tobacco/coffee etc.
No argument there. I don't own any here but still have Terratech shares smh so I know the pain there.
But my comments were to the general cannabis regulated market and the mentality shift cannabis investors need to realize. There will be a market for high end cannabis products just like Starbucks and numerous other chains sells high end coffee or how Chipotle sells "high end" burritos as opposed to Taco Bell's low end ones. This market is more than who can produce the most or how cheap can it be sold for.
That's just your opinion(which you haven't really defended well).
The fact is there are diverse markets within the alcohol, tobacco and coffee industries. The illegal Cannabis market is already set up that way and the future regulated markets will be no different.
...Enjoy that box wine! haha
Yeah, Chris Parry on Equity Guru did a few articles on this. I have the articles up in my browser but haven't read thru them yet. I have no position in this yet, gotta read thru more stuff and then will make my decision but definitely heard about this smh.
New OTC ticker = MMNFF
Looks like I'm alittle late over here. I read MedMen has an OTC ticker now - MTTPF. It's not coming up for me on TD but will check tomorrow.
https://www.dailymarijuanaobserver.pro/recent/medmen-enterprises-inc-gets-an-otc-ticker
Looks like MedMen(Cronos' 50% partner in MedMen Canada) has an OTC ticker now. It's not coming up for me on TD but will check tomorrow.
https://www.dailymarijuanaobserver.pro/recent/medmen-enterprises-inc-gets-an-otc-ticker
Whistler Medical Marijuana Secures Dealers License
https://globenewswire.com/news-release/2018/05/30/1514075/0/en/Whistler-Medical-Marijuana-Secures-Dealers-License.html
WHISTLER, British Columbia, May 30, 2018 (GLOBE NEWSWIRE) -- Whistler Medical Marijuana Corporation (“WMMC” or the “Company”) officially announce that they have been issued a Dealer’s License by Health Canada under the Controlled Drugs and Substances Act (“CDSA”). The License adds to the Company’s existing operational permits including the cultivation and sale of medicinal cannabis, production and sale of cannabis resin and oil, and the sale of cannabis plants to medical patients within Canada.
The Dealer’s License enables the Company to export certified organic medical cannabis resin and oil internationally. WMMC is currently the only Licensed Producer in Canada to make certified organic cannabis oils, and now these oils will be available to the international community.
CEO Chris Pelz commented “We are excited at the news and the opportunity to directly distribute internationally. Our organic certified products receive much interest globally and having a Dealer’s License will allow us to expand our reach into other emerging medical markets”. The Company is currently preparing shipments of oil destined for Australia and the Cayman Islands.
In addition to export capabilities, the licence will allow the importation and storage of cannabis derivatives not currently covered under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”).
About Whistler Medical Marijuana Corp.
WMMC is one of Canada’s original medical cannabis producers. Certified Organic by the Fraser Valley Producers Association, the Company remains the only Licensed Producer who is selling organic medication to Canadians. Locally owned and operated, WMMC is proud to be an independent company operating from Whistler, British Columbia. Learn more at www.whistlermedicalmarijuana.com
Contact:
Sophie Rivers
+1 604 962 3440
sophie@wmmc.ca