Canopy Growth
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Mexico legalization to fast track this
The Canadian stocks had years to build up, this has a few months, could be a rocket ship ride.
This will be the Canopy of Mexico
14$ per share end of year IMO
Weed sector about to collapse
CEO says Bubble, GAP at $10
This stock is a POS
Just buy it and sell when it's $3 to $5 end of year
All that other stuff is nonsense, either believe in the company and the hype behind marijuana or don't.
Any updates on Mexico legalization?
Very undervalued for sector
Holding this for at least 1 year
An under valued potential GEM IMO, like Dixie
This was a good buy today, loaded up
Nice Press Release
Says everything I want to read.
$5 stock minimum IMO by 4th Q 2019, 1Q 2020.
That's promising too.
Dixie will have half the revenue of Tilray in 2019
It might be closer to 35 to 40%, yet Tilray has a market cap of 7.9 billion?
"
According to Zacks, analysts expect that Tilray will report full year sales of $49.42 million for the current financial year, with estimates ranging from $39.84 million to $68.30 million. For the next financial year, analysts forecast that the company will post sales of $245.08 million, with estimates ranging from $141.99 million to $442.20 million.
"
Really looking like an under valued asset here.
https://www.fairfieldcurrent.com/news/2019/02/05/21-82-million-in-sales-expected-for-tilray-inc-tlry-this-quarter.html
Dixie 2019 and 2020 revenue projections here, see page 24 I think, and note this was published before the Khiron Latin American deal, which could add tens of millions in revenue to those numbers.
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&uact=8&ved=2ahUKEwjE7YvIgabgAhWT_p8KHcGFANcQFjACegQIAhAC&url=http%3A%2F%2Fdixieelixirs.com%2Fwp-content%2Fuploads%2F2018%2F12%2FDixie-Brands-Q3-2018-financials.pdf&usg=AOvVaw2mT4C4i8WLO3lSlktqU6N6
^ Or just Google "dixie elixirs revenue" 3rd link down in search results
Good luck to you both
I'm holding for the pump, hoping this one hits $4 to $5 (conservative) EOY.
The Acreage interest is promising, especially with ...
John Boehner, the former Speaker of the House tied to Acreage.
Dixie is teamed up with Acreage which is tied to Boehner and now Khiron which is tied to Vincente Fox, two major political players.
Great points, I don't see a competitor
Should be the #1 THC/CBD CPG company with $40/$50 million per Q revenue after Canada okay's edibles and drinks in late 2019.
This will put Revs on par with OrganiGram, which is heading to $10 CAD soon.
I'd say in the very least this stock has a decent pump in late 2019, early 2020 once Revs hit close to $50 million per Q.
$1 should be a baseline here.
I assume the media attention will come closer to when Canada Okay's edibles, late 2019. Could be a sleeper until then but I'm positioned.
It looks like their expansion into California alone in 4Q 2018 brought $4 million in Revenue, that's without full expansion there, so California alone could be a $10+ million+ revenue per Q market when fully expanded into...
It looks like Rev's should increase each Q from here on out.
Just depends when the MMs want to run this stock and what they set the price discovery too. With the share structure and revenues to come in the next few Qs I don't see how this doesn't have a decent run.
Have to be patient with this one, but the Revenue numbers are there and it's a hot industry.
But your points on Dixi's market position with 9 years of history sits well with their recent deal with Khiron and expansion into Latin America, looks like they could dominate that market there and growing Marijuana in Columbia with infrastructure and labor costs should still offer a good profit margin. I look forward for more details on the deal. Very promising the more I look into it.
Vincente Fox was the President of Coca Cola Latin America for years before joining Khiron.
2020 Revenue Projection is 160 Million
EBITDA 25%
This is higher than a producer like OrganiGram this year which has a $10 CAD price target.
IMO this is a $10 CAD stock.
Only found out about this yesterday
I bought with pure profits from other stocks, this will hit 5.5 to 9 by December 2019.
In for 70,000 shares
Couldn't get sub $1, my volume spiked it
Loaded on this
Thinking about buying this
CRON heading to $25/$33 USD
Thanks man, let's make $$$$$$
=)
100% gain from here IMO
--> Cron Chart <--, price target $25/$33 USD
Weekly 1-2-3-4-5 Triangle breakout
^ Chart ^
This is a long HOLD, nice and stable
I have $150,000 of my Bitcoin profits from early 2017 to late 2017 in this, just HOLD!
Altria group put billions in at close to $13.
This will not collapse. Huge upside here.
If Bitcoin can hit $20,000 CGC/WEED can hit $200
Bitcoin is nothing but an internet protocol, lines of code versus a Marijuana and Hemp company backed by billions and actual product.
I told you guys $150+ yesterday, easy
CGC / WEED.TO is going to $150+ [Chart]
https://www.tradingview.com/chart/WEED/e7bj8m67-CGC-Canopy-Growth-Green-Gold-follows-in-Precious-Gold-path/
Tech growth dead, Marijuana just beginning
Big Hedge money, should see some volume soon
10/15mil for Q4 sounds good
I think we'll see those earnings in mid February
https://www.nasdaq.com/earnings/report/cron
It looks like building 4 should be full capacity by end of Q1 then by Q3 their 50/50 facility with that big Canadian company should be producing... I think Q4 2019 and Q1 2020 will be huge IMO. Def $50 stock minimum. Remember this is backed by Altria Group, 25.5 BILLION in annual revenue compared to Stellar Brands (CGC) only 6 BILLION in annual revenue.
We are backed by the Gorilla and CGC is backed by the Monkey.
If Bitcoin can run to $20,000, then CGC $200
Bitcoin went from $400 in 2017 to $20,000, a virtual protocol backed by nothing
CGC/WEED can easily go to $200 this year IMO, it's shares backed by BILLIONS in dollars from Stellar Brands and backed by actual facilities, and product.
It's where Hedge Funds are going to go because
#1 It's mature
#2 Tech is dead
#3 China FUD
#4 Trump/Democrats FUD
CGC is immune to 2,3 and 4 ^
I wouldn't touch TG*DF
They don't even have a facility, it's pure theory with that company. Shares backed by nothing like Bitcoin is backed by nothing.
Charts showing $200+ Price Targets for WEED.TO/CGC
https://www.tradingview.com/chart/WEED/e7bj8m67-CGC-Canopy-Growth-Green-Gold-follows-in-Precious-Gold-path/
Also
https://www.tradingview.com/chart/CGC/Yrf7jIVj-SMOKE-BUBBLE-ABOUT-TO-BEGIN/
*Not my charts, and I don't necessarily think it will go that high and crash as in the 2nd scenario. Just an idea, but big funds have moved in here.
$200 EOY is very possible
Big funds just bought this in the last 3 days, they need to make money as Tech is basically a dead story now.
There only growth is Marijuana the next 10 years.
Price per gram has increased 17.4% in Canada
https://www.cbc.ca/news/business/pot-price-cannabis-marijuana-statistics-canada-1.4971537
Those numbers seem inaccurate
https://www.marketscreener.com/CRONOS-GROUP-INC-19156080/calendar/
I think we're looking at between 120 million to 160 million in sales CAD for the entire year of 2019.
2018 Q4 - 10M?
2019 Q1 - 20M?
2019 Q2 - 30M?
2019 Q3 - 40M?
2019 Q4 - 80M?
2020 Q1 - 100M+?
I think by Q1 2020 this can be a $100 stock. It's possible 2019 Q4 and 2020 Q1 are giant upside blow outs 100M+ due to more capacity coming online + per gram has increased 17.4% recently to the upside due to supply shortages.
We should be 1/3rd the price of Tilray
IMO
One stock in particular says this isn't true
CR*N
Look at that weekly chart, says straight up for months, CGC is the biggest and will follow.
Marijuana sector is going to do in 2019 what Bitcoin did in 2017, full year of a parabolic bull market IMO.
I hear ya, yeah that's a nice scenario