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You bet No problem. I have started placing an order at midnight the end of each quarter now to be a little more precise. Looking good for about $19.3 million in sales this next reporting I think...needs a little more thought on my part before im convinced of this but should be in the ball park.
No doubt. Imagine medical orders world wide now. Rec is the icing on the cake. Mind boggling that some cant see that...short term thinkers I guess...to caught up in ego I suppose looking 2 inches in front of thier face. Pulled this from StockTwits today courtesy of lockandbarrel...2nd edition...I hadn’t seen it. Massive numbers.
The European Cannabis Report 2nd Edition October 2017
You bet. Has been since the day I bought in Aug/16 and it has onlygotten better from there. Cheers.
Orders per day for the first time have broken the 1150 mark per day. Currently sitting at an average of 1156 per day up from 1138 per day last Q. Trajectory has definately been on a steady uptrend. It will be intersting to see if this next reporting on November 14th will show an increase over last Q of an average $185 spent per order.
Here is the data:
Canopy Order Tracking
Bro??...right...listen straighten out your cap pull your pants up and wear a belt....it will take you places beyond the six vanilla ice.
lol....yeah you da man "day investor"...wait 9 days to respond and still can't answer the question I posed. Boy I sure wish you had been around August of 2016 when I bought in so you could have saved me from this horrible investment.
Stick to your "day investing"...still laughing my ass off at that.
Aren't you the intelligent investor who used the oxymoron "day investor" in a previous post? Hilarious...you clearly understand the markets lol.
So enlighten us. Who are these big boys you speak of? What percentage of the stock do you think they own? When does your expert opinion think they will cash out?
Nice. That jumps it to an average of 1,095 per day now.
Q2/18 Daily Average Order Chart
I use it. Absolutely love it. Zero complaints. Having said that it's the only one I've ever used. The portability is awesome...just get a smaller grinder to go with it and it's all pocket worthy. One thing I really like is it's pass through capability, meaning if your battery is low you can plug it in as if you were charging it and vape. I use it with "sun grown Yorkshire"...one or two hits and I'm asleep within minutes due to the high myrcene terpene content.
Climbing rapidly because until as of late it had hovered below 1050 since the beginning of July. The pace has picked up lately for whatever reason. I can send you the 43 data points since July 1 if you like. Of the 43 data points they breakdown to 31 different days (12 were multiple order numbers on the same days).
Agreed. And Germany is really only the gateway to Europe. A decade of growth in this industry. Rec will provide the funds for sustained growth throughout the world. One by one the dominoes will fall until the world is one big hotbox.
Order #508632 as of 9 pm. That puts the average at 1097 per day now. Climbing rapidly as of late. Would be nice to see an average of 1,200+ per day by the end of September...long ways to go for that though.
I hear you. Sure looks like it though! Cheers.
I noticed the chocolate scenario in this video from June 27/17. It looks as though its brewing already...check out the video at 3:50 in.
Maybe. I have us at 32,664 orders as of July 31. That makes it an average of 1,053 per day and yet the shop was closed for 3 days this month. If you add back in the 1053 x 3 you end up with an average of 1,155 per day which would have been 56 more orders per day on average over Q1/18. I think we are on track to do better than that yet since it's the last week that has really pulled that number up.
You are right of course as of now. I just think it's to early to call.
Q1/18 without 4/20 orders was an estimated total of 1,099 x 91 = 100,009 total orders.
Q2/18 orders to date is 32,664 so 1,053 x 92 = 96,876 estimated total orders.
The only thing I would add is that you have Jan-mar 2017 at 63,500 orders. I would suggest it is higher than that because that would not include any MT orders. So the max $ per order you have of $230 is likely substantially high. This is what I have which pretty much matches your calculations except no MT.
JAN-MARCH 2018
* TWEED 40,732 / (86 days) / 473 orders per day
* BEDROCAN 13,337 / 51 days / 261 orders per day
* METTRUM unknown but there was contribution as there was 32 lots released and sold.
TOTAL OF 734 orders per day or 66,060 WITHOUT METTUM ORDERS FACTORED IN.
ROTFL! So you take credit for timing? Less 8 weeks ago this stock was $6.58 and many others bought and suggested you should do the same. Your timing is horrible lol. Basically you are just following the pack from the back. Some arm chair quarter back and some actually step on the field before half time. No big deal though congrats on your purchase you will do well.
Here is what I have in that regard.
Canopy Order Tracking - New Website (updated 07/20/17)
Q1/18 Order Tally:
* 109,435 total orders over 79 days INCLUDING 4/20/17 (4/20/17 orders were 23,990 for that day alone)
* 85,445 total orders over 78 days EXCLUDING 4/20
* Current orders per day = 1,095
Q1/18
1. (4/12/17) #338825
2. (4/13/17) #342580
3. (4/17/17) #344491
4. (4/17/17) #345540
5. (4/20/17) #3493XX - 11:10 am - "Adambro" SH
6. (4/20/17) #349XXX - 2:34 pm - "RainbowRunner" SH
7. (4/20/17) #349843 - 3:38 pm - "Dewd" iHub
8. (4/20/17) #363679 - 5:55 pm - "Blackgold12" SH
9. (4/20/17) #372990 8:00 pm - iHub
10. (4/27/17) #379187 4:20 pm
11. (4/27/17) #379716 1:29 am Christopher Yahoo
12. (4/28/17) #380150
13. (4/30/17) #381510
14. (5/01/17) #382580
15. (5/03/17) #384810
16. (5/03/17) #385221
17. (5/03/17) #385313
18. (5/04/17) #386258
19. (5/04/17) #386420
20. (5/05/17) #387712
21. (5/06/17) #388930
22. (5/10/17) #393350
23. (5/14/17) #396440
24. (5/25/17) #406269
25. (5/27/17) #408846 Christopher Yahoo
26. (5/30/17) #410607
27. (5/30/17) #411257
28. (5/30/17) #411300
29. (5/30/17) #412286
30. (5/31/17) #414124 Christopher Yahoo
31. (6/01/17) #414940
32. (6/01/17) #415157 Paisano Yahoo
33. (6/5/17) #417098 Christopher Yahoo
34. (6/6/17) #417431
35. (6/6/17) #418039
36. (6/8/17) #421873 Jeff Yahoo
37. (6/8/17) #421914 Christopher Yahoo
38. (6/8/17) #422801
39. (6/10/17) #424523 Joey Shabadoo Yahoo
40. (6/13/17) #427162
41. (6/15/17) #429598 Me
42. (6/15/17) #430062
43. (6/15/17) #430316
44. (6/15/17) #430453
45. (6/17/17) #432520
46. (6/18/17) #432930
47. (6/19/17) #433340
48. (6/19/17) #434050
49. (6/20/17) #436100
50. (6/20/17) #436788
51. (6/21/17) #437782
52. (6/27/17) #442928
53. (6/29/17) #445760
54. (6/30/17) #448260 11:47 pm
Thanks that should put us over 1000 average now. I save my personal orders for begining and end of month at midnight lol just to track it more accurately. All good. Business as usual.
Here are the actual numbers for Q2/18 as of 9 am this morning so depending on how the rest of the day goes we may be slightly higher.
The numbers are down from Q1/18 which averaged 1095 per day. Lots of time to go for Q2/18 so given the Canada day time off and the flurry of orders that occurred just prior it looks to me like we can project at least the same number of orders as Q1 by the end September imo. No worries here, looks like business as usual.
Q2/18 Order Tally:
* 18,440 total orders over 19 days
* Current orders per day = 970
Q2/18
55. (7/1/17) #448270 12:04 am
56. (7/3/17) #449497
57. (7/7/17) #454859
58. (7/10/17) #456124
59. (7/10/17) #456323
60. (7/11/17) #458117
61. (7/12/17) #459767
62. (7/19/17) #466710
Today. #442928.
I hear ya. Cheers.
Link already posted this evening in reply to Tweedle. You will need to do your own dd bud, reading is a requirement. And 15 years in the race to only be as far along as they are is not something you want to bet your house on lol...I have been watching them for that long...this is a small community here, it was an easy decision not to invest in them unfortunately...good luck.
Look man. If you dont want to do your own research and would rather just post other links by random stock board posters as proof positive then i cant help you. Ive already posted here how it works. Essentially Health Canada is responsible for the EMA inspections to certify...therefore by extension they are the same status as Cannimed now in Canada...where Canimed falls short at this point is the actual certification which will be a barrier to Europe for them to a degree for now.
I am sure they will eventually get it together and get the certification but hey they move pretty slow...i should know as I basically live within spitting distance. I would have loved to support local but its like starting a race riding on a turtle.
Lets see...my boss tells me to set up a deal with an LP to distribute thier product in Canada and thier European subsidiaries...just make sure they conform with GMP he says. My choice is an LP with an official certification from the part if the world that essentially started the practice or an LP that just follows the guideline but has no official certification. Gee tough one.
I believe its the EMA but inspections are coordinated with Canadian authorities (a member state with the EMA) via an MRA (Mutual Recognition Agreement). Its been a while since I reviewed all the specifics but here is the link that would be relevant and you can find some specifics in regards to Canada's association.
"Any manufacturer of medicines intended for the EU market, no matter where in the world it is located, must comply with GMP."
http://www.ema.europa.eu/ema/index.jsp?curl=pages/regulation/general/general_content_001205.jsp&mid=WC0b01ac0580027088
That is a link to the GMP guidelines yes but they are not a requirement of cannabis LPs by Health Canada like I said. If they were you would only have 3 LPs at the moment I believe lol.
May be you should take it up with Cannimed IR since and I quote:
"Under Health Canada’s Marihuana for Medical Purposes Regulations (MMPR), Canadian LPs have to follow Good Production Practices (GPP) .."
https://www.cannimed.ca/blogs/blog/16010520-what-does-gmp-mean-que-sont-les-bpf
HERE IS THE REQUIREMENTS OF LPs BY HC. NOTE ONLY GPP IS REQUIRED:
https://www.canada.ca/en/health-canada/services/drugs-health-products/medical-use-marijuana/licensed-producers/additional-information-licensed-producers-under-access-cannabis-medical-purposes-regulations.html#a2
Yeah...but no. To the best of my knowledge Health Canada does not even require GMP certification by cannabis LPs...this is why Cannimed does not have the certification but rather just follow the guidelines. This is not even disputed by Cannimed.
Unless its changed all that is required by HC is that Canadian LPs have to follow Good Production Practices (GPP) which differs from GMP. Really the only difference between GMP & GPP is the requirement of consistency. With GPP for example THC & CBD need to be labled but % can change for the same strain from one shipment to the next. In the same example for GMP that strain must still be labled but the THC/CBD MUST remain the same from package to package.
Now good on Canimed for following the practice of GMP but the next stage for them certainly is to get the certification imo. All this info is available easily from HC but also on Cannimeds own website.
WOW Aphria not only dropped the ball on this but gift wrapped it apparently and gave it to Canopy. Hmmm wonder why...could it be that Canopy has the largest selection, sales platform, brand and has demonstrated that they can scale up in a timely manner by comparison to APH? Or maybe it's that Canopy didn't shaft veterans, another organization committed to cannabis consumption? Regardless it's a pretty big deal when you think about it.
"We wish to clarify that LiUNA in fact has no partnership or agreement with Aphria, nor will it be entering into any such partnership.....and enter into a three-year Supply Agreement with Canopy Growth Corporation, the world's largest and most diversified cannabis company operating several sites across Canada. Work is already underway between CCC, LiUNA and Canopy Growth subsidiaries to educate and assist LiUNA's 100,000 members with respect to medical cannabis."
http://www.newswire.ca/news-releases/liuna-corrects-inaccurate-press-release-of-june-15-confirms-ongoing-partnership-with-cannabis-care-canada-629390153.html
Wow that was easy lol. Hook, line, sinker. Nice redirect...it sure is bad news. Weak.
Yeah...but no. It's coming no doubt. Besides 4 the strains in Germany are all Tweed I believe which is what you want to distinguish yourself from Bedrocan Netherlands that already operates there as well. Frankly this GMP news while expected by almost everyone was sooner than anticipated so Bedrocan is still on track. Cheers.
Oh looky looky. GMP Certification...now who would have thought...certainly not anyone on this board ;) lol. Cheers and looking good!
No longer a rumour...it's up on HC site as of today...Injust checked. Thanks!
https://www.canada.ca/en/health-canada/services/drugs-health-products/medical-use-marijuana/licensed-producers/authorized-licensed-producers-medical-purposes.html
They were approved for export by HC in August 2016. Germany didnt approve until sometime after that...September I believe. Feel free to scour the MD & A for q2/17 as I have & reference the page number to support your position...there is no mention of export to Germany yet at that time which means that whatever was sold to Germany in q2/17 if any did not show up on the books likely until Q3/17. Therefore the most likely scenario is all was put on the books in Q3/17 regardless of when it was shipped making it the only relevant q at this time. This next reporting will be interesting to see the uptik if any from there.
Well you are correct but my daily order numbers are with 4/20 removed so the tshirt orders are not included. It also does not include non patient merch sales as this come from a different site and completely separate order numbers that Indont track. Personally Intjink we will see $17.2 million in sales for this reporting based on a number of different metrics aside from the daily average orders. Love to see $20+ mill but I just don't see how.
No. Exports to Germany, Australia or Brazil for that matter would definitely not be in the retail daily order tracking. Those exports would however be factored in somewhat to my estimate of $174 per order because that was based on total sales from Q3/17 which had 130 kg exported to Germany. So basically the $174 per order assumes another130 kg to Germany for Q4/17 but would not take into account any Australia or Brazil if such occurred.
Actually it's very conservative imo. I spent just over that myself in one order today and I'm far from a heavy smoker...now I don't order every month but that's irrelevant when looking at orders per day.
Last quarter (q3/17) reported I took the total sales & divided it by the number of orders estimated in the q & it came out to $174 per order. Now that's a very rudimentary analysis of course but sometimes there is just no need to be more complicated.
I think the $174 per order is likely the conservative number when you consider the following:
1) Q3/17 I believe shipping was included in the sale price so now that it is not I would assume the average regular user would order more each time in Q4/17 to save on shipping.
2) Since supply most of Q3/17 was severely limited across all LPs I suspect it has "trained" customers to order more per order in Q4/17. Scarcity in all industries always causes those in need to stock up when they can. This has been clearly evidenced by how fast a strain sells out when released on the store shelf.
Latest order oer day tally for Q1/18. Moving on up steady from the begining of the q and way more data points including Mettrum as compared to Q4/17 order tracking which had very few Mettrum data points. In short I consider this to be the first q where we can definitively say we will be 1050-1100 orders per day NOT INCLUDING the 23,990 orders on 4/20.
Canopy Order Tracking - New Website (updated 06/15/17)
Current Order Tally:
* 91,628 total orders over 64 days INCLUDING 4/20/17 (4/20/17 orders were 23,990 for that day alone)
* 67,638 total orders over 63 days EXCLUDING 4/20
* Current orders per day = 1,073
1. (4/12/17) #338825
2. (4/13/17) #342580
3. (4/17/17) #344491
4. (4/17/17) #345540
5. (4/20/17) #3493XX - 11:10 am - "Adambro" SH
6. (4/20/17) #349XXX - 2:34 pm - "RainbowRunner" SH
7. (4/20/17) #349843 - 3:38 pm - "Dewd" iHub
8. (4/20/17) #363679 - 5:55 pm - "Blackgold12" SH
9. (4/20/17) #372990 8:00 pm - iHub
10. (4/27/17) #379187 4:20 pm
11. (4/27/17) #379716 1:29 am Christopher Yahoo
12. (4/28/17) #380150
13. (4/30/17) #381510
14. (5/01/17) #382580
15. (5/03/17) #384810
16. (5/03/17) #385221
17. (5/03/17) #385313
18. (5/04/17) #386258
19. (5/04/17) #386420
20. (5/05/17) #387712
21. (5/06/17) #388930
22. (5/10/17) #393350
23. (5/14/17) #396440
24. (5/25/17) #406269
25. (5/27/17) #408846 Christopher Yahoo
26. (5/30/17) #410607
27. (5/30/17) #411257
28. (5/30/17) #411300
29. (5/30/17) #412286
30. (5/31/17) #414124 Christopher Yahoo
31. (6/01/17) #414940
32. (6/01/17) #415157 Paisano Yahoo
33. (6/5/17) #417098 Christopher Yahoo
34. (6/6/17) #417431
35. (6/6/17) #418039
36. (6/8/17) #421873 Jeff Yahoo
37. (6/8/17) #421914 Christopher Yahoo
38. (6/8/17) #422801
39. (6/10/17) #424523 Joey Shabadoo Yahoo
40. (6/13/17) #427162
41. (6/15/18) #429598 Me
42. (6/15/18) #430062
43. (6/15/18) #430316
44. (6/15/18) #430453
#421914 5:05 pm.
Nice. Exactly. That relationship described is one of the key common threads running through all business and sectors today that has been in the background since the beginning. I remember my first awakening to it years ago was in part via the book Behind The Arches...the Ray Kroc story of the building of McDonalds. The movie out does not really do the book justice but basically work harder, do it better, have a vision that captures market share and you will have a good shot at the 10%.
Another interesting parallel I see with Canopy is the copy cat theory. Look closely over the last few years and you will see that basically most of the LPs simply follow Canopy's lead or vision. This is a good sign imo. Also like Mcdonalds...you don't need to be the first to have an idea...you just need to own first place and make people see it as your idea.