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this is your last day or so of cheap shares. doubt if you want.
read the filings. do some digging. gonna be any day here. big big
read the filings. big things coming. timing is here. plus 3 day weekend plus chatter. add it all and we are about to take off here.
yep save the post.
over $1 late this week - early next week or I do not post for 6 months. just putting things together. Actually I think we break $2.00 very very very soooooon
I will say this........
If we are not over $1.00 late this week or early next week I will not post here at all for 6 months. Take care.
From my guy at Merrill Lynch:
I'd say you will enjoy this coming 3 day weekend greatly. Just my opinion. The company is about to take off.
Don't really care what you think to be honest. The intel that I get is from a good and respectful source. They do lots of digging. It is good intel. About the best intel you can get imo. When we break $1.50 soon you will see why. Intel is a great thing. Even if timing is off.
From my Merrill Lynch guy:
Company has been quiet during this dead period. They are ready to take off. We will hear within a few days - major news and developments.
Update from my Merrill Lynch contact:
Expect deal to be announced with Euro - German co's. Distribution-sales. also OWCP will be available for trading on Euro and German exchgs very soon. Lots of interest coupled with huge German and Euro support of MMJ.
anywhere from 3% to 100% yes
Lol. Good luck with that
not for long. watch!
This is why my guy at merrill kept telling me owcp is a $10+ stock right now
Thank u!
Where did u see this? I did not read the whole 10k. Thx!
I literally jumped out of my chair when I saw that!
haha just saw ur post too. WOW. was not expecting this to be so soon!
MULTIPLE MYLOMA Q3!!!!!!!!!! GAME CHANGER
yep. back above $2.50+ soon
From my Merrill Lynch guy:
Major player to announce New ETF soon - OWC to be included. stay tuned
Higher with what is coming
MarketWatch MJ - ETF - Going Higher
http://www.marketwatch.com/story/positive-buzz-sends-first-marijuana-etf-sharply-higher-in-early-days-of-trading-2017-04-10?mod=mw_share_twitter
Positive buzz sends first marijuana ETF sharply higher in early days of trading
By Ryan Vlastelica
Published: Apr 14, 2017 8:12 a.m. ET
93
The fund has amassed strong inflows and trading—and seen big gains—in its first days on the market
Getty Images
A customer looks at marijuana for sale at a dispensary in Eugene, Oregon on March 22, 2016. Legal marijuana is becoming more and more entrenched in the United States each year, and 2016 looks to be no exception. While possession, sale and consumption of marijuana remains illegal at the federal level, it is permitted for recreational use in four US states: Alaska, Colorado, Oregon and Washington, plus the US capital Washington. / AFP / Andrew Caballero-Reynolds (Photo credit should read ANDREW CABALLERO-REYNOLDS/AFP/Getty Images)
Even though it hasn’t had its product on the market for a week, Horizons ETF Management is one of the most successful marijuana dealers in history.
The company has seen remarkably strong interest for its Medical Marijuana Life Sciences ETF HMMJ, -3.80% Wall Street’s first marijuana-themed exchange-traded fund, which launched last week.
The fund has traded for four sessions and has risen in each of them, including a surge of 9.9% on Monday, bringing its total rise to 17.8%.
0:00 / 0:00
This medical device scans your brain on marijuana
This medical device scans your brain on marijuana(2:52)
The BrainBot, a brain-scanning technology developed by tech startup PotBotics, enables physicians to pick a marijuana strain that is most suited for their patients' needs.
Just as impressively, the fund has seen heavy trading volume, with average daily volume of more than a million shares. To compare, there have been four other ETFs launched thus far in April, according to research firm XTF. Of those, the most popular — the Cambria Tail Risk ETF TAIL, +0.56% — has average daily volume below 5,000 shares a day. The others average daily volume under 500 shares.
The Medical Marijuana fund has amassed more than C$37.6 million ($28.2 million) in assets, according to Horizons, making it the most popular fund launched this month by that metric. It’s closest competitor is the JPMorgan Global Bond Opportunities ETF JPGB, +0.00% which has $25.1 million in assets — as well as the backing and distribution capabilities of one of the world’s largest investment banks.
Such success for a new fund is rare. According to Morningstar, while the ETF industry regularly hits new records in terms of its size — about $3.7 trillion in global assets currently — most of that money is going to a few select funds. ETFs with under $5 million in assets make up 15.4% of the category.
See also: Here’s why the ETF graveyard is getting crowded
Don’t miss: Should you invest in an ETF that’s closing?
The Horizons fund represents something relatively rare for the modern-day ETF marketplace: a new fund that tracks an industry with heavy demand but which had no vehicle that investors can use to gain broad exposure.
The legal questions surrounding marijuana have prevented regulators from approving such a fund in the past, and even Horizons’ has a somewhat limited focus — tracking companies involved with medical marijuana bioengineering and production and avoiding ones connected to recreational use.
Another proposed fund, the Emerging AgroSphere ETF, has a similar limitation. It “will not invest in any companies that are focused on serving the nonmedical marijuana market in the United States, Canada or any other country unless and until such time as the production and sale of nonmedical marijuana becomes legal in the United States, Canada or such other country, respectively,” the firm wrote in its filing with the Securities and Exchange Commission.
Still, the marijuana industry has seen surging growth of late. Sales grew 30% in 2016, according to Arcview Market Research, and they are seen tripling in four years.The growth comes as more and more people approve of legalizing marijuana, including for recreational purposes. In 2016, roughly 60% of Americans said they favored the legalization of recreational marijuana, as the industry gained support in invalidating the war on drugs and seven states voted to legalize pot for recreational or medical use.
With the launch of the marijuana ETF, one of the few “white spaces” — an industry without a dedicated fund — left for the industry is bitcoin. Last month, the Securities and Exchange Commission rejected a proposed rule change that would’ve allowed for the creation of the first such product, saying it was unnerved by the lack of regulation in the bitcoin market.
Canada MJ - CNN
http://www.cnn.com/2017/04/14/americas/canada-justin-trudeau-marijuana/index.html
Canada eyes plan to legalize marijuana by 2018: 5 things to know
By Madison Park, CNN
Updated 9:51 AM ET, Fri April 14, 2017
Your brain on weed
Now Playing Your brain on weed
Your brain on weed 01:39
Story highlights
Canada unveils policy to legalize and regulate marijuana
The new policy requires Parliament approval, but was part of Trudeau's campaign
(CNN)Will Canada be known for another kind of leaf -- other than its iconic maple?
On Thursday, the Canadian government under Prime Minister Justin Trudeau unveiled its plans to legalize recreational marijuana.
Canadian PM Justin Trudeau endorsed marijuana legalization during his campaign.
Canadian PM Justin Trudeau endorsed marijuana legalization during his campaign.
If the Cannabis Act passes Parliament, Canada would become the second nation in the world, after Uruguay, to regulate a legal marijuana market.
The government's new policy had been expected for some time as Trudeau had endorsed legalizing marijuana on the campaign trail.
"It's too easy for our kids to get marijuana. We're going to change that," according to a tweet from his official account.
Follow
Justin Trudeau ? @JustinTrudeau
It's too easy for our kids to get marijuana. We're going to change that. Details: http://bit.ly/2o9NNts
12:49 PM - 13 Apr 2017
460 460 Retweets 1,355 1,355 likes
The legislation "seeks to legalize, strictly regulate and restrict access to cannabis, and it will make Canada safer," said Bill Blair, parliamentary secretary to the minister of justice, on Thursday.
Here are five things to know about Canada's proposed marijuana policy, which officials hope to have in place by July 2018.
1. Government regulates marijuana sales
More than $1 billion of marijuana sold in Colorado in 2016
More than $1 billion of marijuana sold in Colorado in 2016
The Canadian government would create a system to regulate marijuana production, distribution and sale. It would also collect licensing fees and taxes on marijuana sales, which officials say takes profits away from criminals and organized crime.
"Criminals pocket between $7 and $8 billion in illicit proceeds. We simply have to do better," said Ralph Goodale, Minister of Public Safety and Emergency Preparedness.
Producing or distributing marijuana outside the government regulation would be considered serious offenses, officials said.
The federal government will provide minimum conditions, but the provinces could set more rules about distribution and sale on top of those.
But many issues remain for government officials to figure out, including how much to charge for marijuana, reported CNN's partner CBC.
2. Adults can have marijuana and grow them too
Adults would be able to have up to 30 grams of legal marijuana in public and be permitted to grow up to four plants per household.
Under the Cannabis Act, Canadians would be able to buy marijuana at legal retail outlets or receive them through a licensed producer in the mail.
However, marijuana will remain illegal until the new law is approved and goes into effect.
3. But kids and teens can't have marijuana
Teens and minors under the age of 18, would be prohibited from having or buying marijuana. Canadian provinces can raise that minimum age higher if they'd like.
Authorities envision regulating marijuana like alcohol.
"By providing a highly regulated system of distribution, we can be much more successful as we have been with alcohol," Blair said. "It's not an absolute guarantee that kids won't get access to it, but it will be far more difficult for kids to get access to it when this new regime is in place than it is today."
Officials lamented that the current policy of banning marijuana hasn't deterred kids from drug use. Despite about $2-6 billion spent by the Canadian police to deal with marijuana use, Canadian teens are among "the heaviest users in the Western world," Goodale said.
"If your objective is to protect public health and safety, and keep cannabis out of the hands of minors and stop the flow of illegal profits to organized crime, the law as it stands today, has been an abject failure," Goodale said.
The new policy would create tougher criminal offenses for selling marijuana to a minor -- punishable by as much as 14 years in prison.
4. No, you can't drive while high
The bill would add new offenses prohibiting people from driving while they're drunk or impaired by marijuana and other drugs.
It would create three new offenses and allow police to require saliva tests for drivers whom they suspect of being high, reported the CBC. A positive test could result to more testing including a blood test.
5. Don't bring it over the border
Bringing marijuana across borders would remain a serious criminal offense -- especially as marijuana laws differ depending on countries.
"Each country establishes its own rules," Goodale said.
"The laws of the United States are the responsibilities of the United States. The laws of Canada are the responsibility of Canada."
CNN's Faith Karimi contributed to this report.
not true. go back and look at when OWCP has put out news..........LOL. Good stuff
I am older than you partner
LOL. are you serious? oh boy
after close we could very well get big news
Confirmed from my Merrill guy:
Should get huge update - news after close. lets see
LOL. ok. just watch. and we are getting news after bell most likely!
he did not leave. he was let go. being replaced by someone much more capable.
word is news after close today
He is not with co anymore. It's for the better. Bringing in more qualified person for job
This is a $10 stock. Zero doubt.
YEP YEP YEP YEP
My guy at Merrill says:
Today and tomorrow happy days - great updates. Cheers