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Hop on the Weed Bus.
Hopefully get Buses like these in Toronto, Ottawa , Vancouver, Montreal ect ect
http://www.cbc.ca/news/world/a-day-aboard-a-cannabus-san-diego-enjoys-effects-of-marijuana-tourism-1.4519780
A day aboard a 'cannabus': San Diego enjoys effects of marijuana tourism
California’s new recreational marijuana industry fears Trump is trying to stop the ride
By Kim Brunhuber, CBC News Posted: Feb 06, 2018 4:00 AM ET Last Updated: Feb 06, 2018 3:50 PM ET
Rachel Moberley, who voted for President Trump, now says she feels let down by the hostility his administration has shown towards cannabis. She was one of several tourists aboard the "cannabus," a business that's sprung up in the wake of California's decision to legalize the sale of cannabis for recreational use.
Rachel Moberley, who voted for President Trump, now says she feels let down by the hostility his administration has shown towards cannabis. She was one of several tourists aboard the "cannabus," a business that's sprung up in the wake of California's decision to legalize the sale of cannabis for recreational use. (Kim Brunhuber/CBC)
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Kim Brunhuber
Los Angeles correspondent
Kim Brunhuber is a CBC News Senior Reporter based in Los Angeles. He has travelled the world from Sierra Leone to Afghanistan as a videojournalist, shooting and editing pieces for TV, radio and online. Originally from Montreal, he speaks French and Spanish, and is also a published novelist.
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To spend any time on this bus is to be sealed inside a giant bong on wheels.
The soundtrack is Bob Marley, set to a beat of snapping lighters and coughing. Welcome to the "cannabus," a vehicle with tinted windows, about 30 seats, and one purpose: to facilitate the drinking of beer and the smoking of weed.
Someone hands a young woman a pipe containing a super-potent hybrid called Jah Goo.
"I like it. It's niiiice," she says and then bursts out laughing. "I'm really stoned."
Wide Interior
For $100 US, the ‘Buds and Brews Tour’ took customers from other states to breweries and a cannabis dispensary in San Diego. (Kim Brunhuber/CBC)
A dozen or so customers from several different states paid $100 US to go on the "Buds and Brews Tour" of a few San Diego breweries and a unique cannabis dispensary, organized by West Coast Cannabis Tours.
Among the first on the bus are Jill and Alan Mayor from Columbus, Ohio.
"You cannot do this in Ohio," Jill Mayor says, shaking her head after taking a hit from a small glass pipe.
Jill Mayor
Jill Mayor shops for cannabis as though she were buying fruit at the grocery store. She says you don't do that in Ohio. (Kim Brunhuber/CBC)
Back in Columbus, if you want weed, "you have to go to the other room to make the phone call," Allan Mayor says, smiling knowingly.
Not in San Diego, not anymore. The sale of recreational cannabis became legal at the state level in California on Jan. 1 (it remains illegal under federal law). But more than a month later, only a few cities have issued the needed permits.
San Diego was one of the first off the mark. It has embraced the so-called "green economy," hoping to capitalize on a potentially massive revenue stream from taxes and tourism. On this bus are some of the city's first recreational cannabis tourists.
Zac Smith
Zac Smith says legalizing recreational marijuana was a game changer for his massage studio, which uses cannabis oil, because it helps destigmatize it.
Zac Smith lights up with satisfaction. He owns a massage studio called Traveling Hands that uses cannabis oil. For him, legalization is a game changer.
"I think it legitimizes it and it does open people's minds up a little bit maybe if they were worried about getting arrested or getting in trouble for consuming or participating in anything cannabis related," Smith says.
First stop on this adult field trip: Ballast Point Brewing. One might assume the beer and weed industries would be natural competitors. But Troy Havins, who's running the tasting room, sees the decriminalization of cannabis as an opportunity.
Troy Havins
Troy Havins of Ballast Point Brewing says beer and bud are complementary from an economic perspective. (Kim Brunhuber/CBC)
The company that owns Ballast Point has invested almost $200 million US in the world's largest publicly traded cannabis company called Canopy Growth from Smiths Falls, Ont.
"I think it's good for everybody," Havins says. "The legalization of it just makes sense."
Next stop: a cannabis dispensary. Before the law changed, you needed a doctor's recommendation to buy marijuana from Mankind Cooperative. Now all you need is ID proving you're over 21.
Dispensary Wide
San Diego dispensaries were among the first in California to sell recreational marijuana.
The door opens and in walks one of the "cannabus" tourists, 23-year-old Jordan Fisher. Growing up in Denison, Texas, she used to buy weed regularly, but "obviously not from a store," she says, smiling. "Can I say that?"
For many young first-time visitors like Fisher, this is the millennial equivalent of Dec. 5, 1933, the end of Prohibition.
"This is so cool," she says, as she peruses the menu of cannabis flowers. The dispensary boasts almost 50 types, with names like Afghanimal, Face on Fire, and Chem Jong Ill.
Self-serve
Mankind Cooperative in San Diego is a unique dispensary because it’s self-serve. (Kim Brunhuber/CBC)
"You don't have anything like this from back home, and it's just nice that you can get it so easily," Fisher says, "and not feel like you're doing anything bad because this is wrong. You know it's not wrong."
That is most certainly not the view of U.S. Attorney General Jeff Sessions. In January, he rescinded an Obama-era policy to enforce federal marijuana laws lightly in states that had legalized it. The move could unleash federal prosecutors to target businesses for cannabis possession and distribution, even in states in which it's legal.
Todd Green, founder of West Coast Cannabis Tours, says the industry — even the "weed on wheels" tour he's leading today — is already riddled with legal grey areas. The Trump administration, he says, is now making it even more confusing.
"One week they'll say something, the next week the hype is gone," Green says. "Are they actually cracking down? That hasn't happened yet. So is it going to happen? I don't know."
Todd Green
West Coast Cannabis Tours founder Todd Green says the move is just creating more confusion and uncertainty (Kim Brunhuber/CBC)
Here in San Diego, the fear of FBI raids is distant but real. For many, the biggest concern is much less dramatic. Since marijuana is illegal under U.S. federal law, most banks won't serve cannabis entrepreneurs. That makes dispensaries like this one attractive targets for criminals, says Cathy Bliss with Mankind Cooperative.
"The problem is you have a whole lot of cash," Bliss says. "If we were to have a normal banking system there would be a whole lot less attraction for bad guys to go you know . . ."
Try and rob you?
"Ah, yeah."
Cathy Bliss
Cathy Bliss says the biggest problem created by Sessions’ approach is it will scare off banks from working with cannabis entrepreneurs (Kim Brunhuber/CBC)
Rachel Moberley lights a pipe and then laughs.
"I think I burned my nose!"
She might seem like an unlikely traveller on the "cannabus." Growing up Republican in Virginia, she used to share the attorney general's views on smoking pot.
"I thought that they were losers. Stoners," Moberley says.
Then she moved to Colorado, where she says even her bosses smoked weed with their employees. Despite regularly consuming marijuana, she voted for Trump, not knowing that a couple of months later, his attorney general would turn on the nascent cannabis industry.
"I'm obviously upset about that because I don't think he should be trying to stop the biggest gold rush happening in America," Moberley says.
Cannabis Plant
San Diego cannabis advocates hope the windfall of tax dollars will convince more jurisdictions to ‘go green,’ which may in turn pressure the federal government to be more cannabis-tolerant (Kim Brunhuber/CBC)
California Democrats have introduced a bill in the House of Representatives calling for cannabis to be legalized across the country. It's a long shot, so Bliss says their best argument is the sound of California cash registers collecting the various — and hefty — municipal, county and state taxes, which often amount to almost 35 per cent.
But entrepreneurs like Smith suspects it won't be enough to convince the Trump administration.
"I think him rescinding that memo was more about squashing the industry initially right after they saw the explosive growth that was about to happen with legalization in California and more states," Smith says.
"Now then to come along and say 'oh well we're going to crack down on that;' it's not really reasonable," he says. "You can't really put the toothpaste back in the tube. It's a little late for that."
Sorrell
Victoria Sorrell, 23, samples her purchases at the end of the 'cannabus' tour. (Kim Brunhuber/CBC)
It's time for the "cannabus" riders to head back while sampling their purchases.
?"I hope this bus is going to stop by my house," Moberley says, and everyone laughs.
"Afterpartyyyyyy" someone else yells.
Though they're keenly aware that Trump is trying to end this ride, you get the feeling no one wants this bus to stop.
So 30 million people in Canada. If 20% buy weed (3 million) and spend 30 a week for 12 weeks thats
$1,080,000,000.00 . IF Canopy has a 20% share of the 3 months of sales = $ 216 million per quarter..
Seems like the only way they have to grow is M&A opportunities. guess they could do another PP, either way more major dilution. they have 160 mill outstanding shares and when deal for BAMM goes thru add another 115 million shares. And another 84 million reserved for Issuance.
So approx 360 million shares.
maybe at this time do a deal where they get a licensed producer to lease space to them in Cali to grow
tgif has signed deals to sell CBD products to retail outlets in California. If they are to enter the rec marijuana market they will either have to buy an existing licensed producer or start one from the ground up including a license to grow and sell wholesale.
Hoping for + 4.0% Sp increase so I hit $2 Million
GLTA
I remember the guy that sold somewhere around the $7.00 range to buy a new Dodge Charger...
Actually this is the reason
** Shares of Canadian marijuana companies rise after Canadian regulators reject Aurora Cannabis's request to shorten the minimum deposit period to 35 days from 105 days for the hostile takeover of CanniMed Therapeutics Inc ** CanniMed up 4.7 pct at C$20.89, Aurora up 9 pct C$7.86 ** Canopy Growth Corp up 17 pct, Cronos Group Inc 19 pct; Cannabix Technologies Inc, THC Biomed Intl Inc, Aphria Inc up 10 pct, OrganiGram Holdings Inc 6 pct
** Aurora request, if approved, would have increased the likelihood of the hostile takeover by preventing CanniMed's bid to buy Newstrike Resources Ltd
** A decision to shorten the minimum deposit period would have tested Canada's rules for hostile takeover bids, leaving less time for the target company to react to the acquisition
** The marijuana industry has seen a lot of M&A activity as it prepares for legalization in 2018
** Canopy Growth Corp plans to acquire some assets of Green Hemp Industries; In June, Organigram Holdings had acquired Trauma Healing Centers (Reporting by Karan Nagarkatti)
Actually 5.048 Billion @$26.45
I bet YODA'S eyes are popping out of his head this morning !!!!
thats the idea is to make money . to get the same gain from WEED it would have to hit $115.00
BIG PICTURE
No big deal,, more than 1 girl at the dance
I had 42000 shares, since june sold off 20000 and got in TGIF @ $0.25 average
At close today my TGIF shares are up 454.84%
My Canopy shares were bought @ $4.51
At close today my Canopy shares are up 385.48%
have owned canopy shares for approx 18 months
have owned ?TGIF shares apex 6 months
I like both of these stocks
I had the same issue with TD. if the order only partially fills by close
it is only updated by 11pm that day or even have to wait for the next day to see changes to your account...
Not here since day one, but started accumulating July 22, 2016
I had accumulated 40300 @4.50 average.
Have sold some off recently (playing a long shot, hope to get 10 bagger and buy back into WEED and own 50,000+)
Presently have 27,300 @ 4.50
Im off to the LCBO, grab a bottle of Dom P'erignon , I think this deserves a celebration drink...
More Great days ahead!!!!
****Cannabis Hemp Expo****
Ottawa October 28, 29, 2017
Calgary April 7, 8, 2018
Edmonton April 27, 28, 2018
Not sure if this was already posted, here is the link to the webpage..
https://www.cannabishempexpo.com/ottawa?platform=hootsuite
TWEED buys (speculative right now/see news article) Coyote's Run Winery, the Winery property is beside tweed greenhouses and the newly acquired GCG property..
here is the link to the news article
http://winesinniagara.com/2017/10/niagara-going-to-pot/
Canopy Growth buys Garden City Growers Greenhouse Canada
link
https://www.greenhousecanada.com/news/cannabis-company-buys-garden-city-growers-32121
here is a snap shot of current analyst ratings on WEED
or go to webpage (easier to read)
http://www.investorsguru.com/DetailedQuote.html?qm_page=3491&symbol=WEED:CA
Click here to visit OTCBB: QMCI QuoteMedia Inc.'s Homepage
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Historical
Analyst Information for Canopy Growth Corporation
$ 12.87 -0.20 (-1.53%) Volume: 4.45m 4:40 PM EDT 13-Oct-2017
Consensus Rating Average
Consensus Rating for WEED:CA is MODERATE BUY
Since many brokers have different rating systems, we maintain a standard system with an assigned numeric value from 1 to 5. Ratings are a translation of brokers' recommendations to the recommendation scale, which ranges from a rating of 1 (a strong buy) to a rating of 5 (a strong sell).
Rating Scale
Strong Buy 1.0 - 1.5
Moderate Buy 1.6 - 2.5
Hold 2.6 - 3.5
Moderate Sell 3.6 - 4.5
Strong Sell 4.6 - 5.0
Consensus Rating Details
Current Average Recommendation 2.33
Previous Average Recommendation 1.50
Change in Average Recommendation 0.83
Number of Analysts Reporting 6
Strong Buy
1.0
Current: 2.33
Previous: 1.50
Change: 0.83
Strong Sell
5.0
Consensus Rating Industry Comparison
Industry: MED PRODUCTS
Number of companies in industry with recommendations 80
Rank Recommendation relative to companies in its industry 45
Ranked 45 in Industry
180MED PRODUCTS
Analyst Recommendations
Analysts recommending Strong Buy 2
Analysts recommending Moderate Buy 2
Analysts recommending Hold 1
Analysts recommending Moderate Sell 0
Analysts recommending Strong Sell 1
Vertical Bar Chart
Recommendations History
Current 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 2 2 2 2
Moderate Buy 2 2 2 2
Hold 1 0 0 0
Moderate Sell 0 0 0 0
Strong Sell 1 0 0 0
not that it matters but buy / sell premarket is sitting @$13.00
looks like be back in the 12 range today, see how it settles by 4 pm
Hopefully we get to achieve SUPER-UNICORN STAUS.......
as did Google and Facebook....(valuation of more then $100 Billion )
Article from London Free Press, Lawblaws/Real canadian Superstore adding additional building to their
existing properties. At the end of the article it says the plans submitted show a building very similair
to the new style LCBO stores: maybe the building will be the new CCBO store.....
Lawblaws/Shoppers did want to somehow participate in the sale of MJ
http://www.lfpress.com/2017/09/25/new-sketches-show-developments-planned-in-canadian-superstore-parking-lots
Bruce is betting on as he keeps building his war chest..
And I'm sure he has the inside info as to how legislation
Will roll out...
What and see and learn....
Article on Canopy's move into natural food market
https://news.lift.co/licensed-producers-move-into-natural-foods-market/
I'm sure Bruce Linton has everything under control.
As for usage of cannibus as an edible, you obviously
Have no knowledge of consumption in California
Edibles there are very popular, where as smoking
a joint is old school except for you old school boys.
And the oil is flying off the shelves, so...
Latest stats show Canopy having 50% of the medical market.
Not sure why your so persistant in coming to this forum
to share your negative opinions of Canopy and the legalization
of marijuana but if it turns your crank , go for it.
Myself I see company that is moving forward executing thier business plan
And they are making excellent progress.
I know I can look online and find Mr Lintons eductation and business credentials
and also the rest of the managements team..
Why don't you post your educational background and business management
background, that way we know you are not just some joker spewing uniformed
uneducated, biased opinions....
Sorry for the error
I had heard the news on the radio yesterday morning
I searched news on the radio stations website when I got home.
You are right they were reporting old news from last month.
I don't think so... This was a news article from May 10 and they will be presenting the Bill for the second time...
here is the link to the news article about introducing the bill on Thursday
http://www.huffingtonpost.ca/2017/04/10/trudeau-marijuana-bill_n_15921056.html
Next Thursday the Government will be moving forward with the next step to legalize marijuana !
7 hours ago by PR Newswire
Earlier in April, Canadian Prime Minister, Justin Trudeau had taken the first steps in legalizing cannabis for recreational purposes in the country, which will fulfill his campaign promises. The proposed legislation called the Act to Amend the Controlled Drugs and Substances, and the goal is to implement the legislation by July 2018. According to a cannabis research firm, Arcview Market Research, North American sales of legal cannabis products grew by 34% in 2016 to $6.9 billion, but illicit market sales are estimated to be $46.4 billion. Cannabis Wheaton Income Corp. (TSX.V: CBW), Canopy Growth Corporation (OTC: TWMJF), Aurora Cannabis Inc. (OTC: ACBFF), Aphria Inc. (OTC: APHQF), Organigram Holdings Inc. (OTC: OGRMF)
The consulting firm, Deloitte has estimated in a research report that annual sales of recreational cannabis in Canada could be as high as C$8.7 billion ($6.5 billion). These numbers suggest the cannabis industry could soon become larger than Canada's spirits market, which is valued at approximately $5 billion. According to a report by Forbes, Vivien Azer, Managing Director at Cowen & Co. said, "When you consider ancillaries such as growers, testing labs, security, etc., the economic impact could range from $12.7 to $22.6 billion. Of note, these numbers do not include the impact of tourism, business taxes, licensing fees and paraphernalia sales, which could drive the economic impact higher."
Echelon Wealth re: Canopy Growth still has 53% Upside
http://www.cantechletter.com/2017/04/canopy-growth-corp-still-53-upside-says-echelon-wealth/
Lots of grey and black market product is from Mexico and other countries
Tell me they really care about what you smoking!!!
Give you head a shake!!
I read an Article that Bruce Linton will grow the business by applying the Amazon Business model.
To understand where this may be headed you may want to read the following article.
https://www.wired.com/insights/2014/01/amazon-innovates-business-model-drones/
There are many other articles on Amazon Business Model
From what we see as investors, it sure seems that he using the Amazon Business Model...
Get ready for more acquisitions......
Here are the weightings for the new Horizon MJ ETF that will launch April 5 on the Toronto Stock Exchange under symbol HMMJ. So for every $100 invested in it, $10 will be bought into Canopy.
ndex Holdings (as at March 20, 2017):
Security Name
Bloomberg Exchange Ticker
Index Weight
SCOTTS MIRACLE-A
SMG UN Equity
10.00%
CANOPY GROWTH CORP
WEED CT Equity
10.00%
AURORA CANNABIS INC
ACB CV Equity
10.00%
APHRIA INC
APH CV Equity
10.00%
GW PHARMACEUTICALS -ADR
GWPH UQ Equity
10.00%
INSYS THERAPEUTICS INC
INSY UQ Equity
10.00%
CRONOS GROUP INC
MJN CV Equity
7.41%
ZYNERBA PHARMACEUTICALS INC
ZYNE UQ Equity
7.15%
CANNIMED THERAPEUTICS INC
CMED CT Equity
5.04%
ORGANIGRAM HOLDINGS INC.
OGI CV Equity
4.48%
SUPREME PHARMACEUTICALS INC
SL CF Equity
3.95%
EMBLEM CORP
EMC CV Equity
3.80%
CANNAROYALTY CORP.*
CRZ CF Equity
2.61%
EMERALD HEALTH THERAPEUTICS
EMH CV Equity
2.01%
ICC INTERNATIONAL CANNABIS COR
ICC CV Equity
1.89%
MAPLE LEAF GREEN WORLD INC
MGW CV Equity
1.66%
* CannaRoyalty is in the Index but will not be held in HMMJ since the company has business interests involved in medical marijuana distribution in the United States. While it is eligible for the Index, it is not eligible for inclusion in HMMJ’s portfolio.
Should be interesting next week to see
If having the HMMJ ETF will help to push
the share price up over the following weeks
etf dividend payment
maybe one day, but don't you think first. the companies they hold
would have to pay a dividend????
More Marijuana Industry news
FinancialBuzz.com News Commentary
New data shows that the growing legal cannabis industry is strongly contributing to job creation. A recent report by New Frontier Data, which provides comprehensive analysis and reporting for the cannabis industry, projects that by 2020, the legal cannabis market will create more than a quarter million jobs for American workers. The legal cannabis market was worth an estimated $7.2 billion in 2016, and is projected to grow at a compound annual growth rate (CAGR) of 17%. The medical cannabis market is projected to grow at 13% CAGR through 2025, growing from $4.7 billion in 2016 to an estimated $13.3 billion in 2020. GrowGeneration Corp. (OTC: GRWG), Innovative Industrial Properties Inc. (NYSE: IIPR), MyDx Inc. (OTC: MYDX), Canopy Growth Corporation (OTC: TWMJF), Terra Tech Corporation (OTC: TRTC).
Canopy Growth Corporation (OTC: TWMJF) is a licensed producer of medical marijuana in Canada, Canopy Growth represented an ideal opportunity to conduct R&D and document the tangible benefits of its technology platform with cannabis. Canopy Growth has partnered with Indoor Harvest Corporation that is involved both in the cannabis industry and in the wider agricultural industry. The Company believes it can then more easily go out and market the platform to countless other companies in the growing cannabis industry.
I remember when Nortel was something like 20% of the S&P TSX Index.
So if they want to keep it out of kids hands, how will you be able to grow outside?
Anyone in your neighbourhood could easily raid your garden.
May have to be grown indoors.
Seems something has been worked out if Tweed is going to be retailing seeds.....time will tell...
Probably see Canopy ring the bell at the open of the TSX on Friday the 17th, when they get inclusion in the
S&P TSX