Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I think John has been doing a pretty good job. Can he do better, of course, but he is also not under a rock. I suspect John is just waiting for the LOI contracts to be finalized, to have something substantial and blow the market away. I honestly pin this to their website.... it has been down and I suspect will be back up once they confirm whom their partners are. GLTA
Hi Stocktrademan,
I was wondering if you would be able to provide a little more information regarding your last most. mostly what would this mean price went above a recent doji candlestick " and why would that be important indicator? Thank you for providing the detail. GL on your investment.
anyone here? pretty quiet on the board as well at for FIRE... low volume again today... is something going to happen soon?
Good day today...cautiously optimistic ... May see a little dump tmrw or maybe we start to see what Supreme is really about
FIRE has almost twice in volume then any of the big players.... The bid and ask spreads are heavily trying to bring this SP down... there is no news out there to give rationale for a panic sell. So like others said... this is manipulation at its finest... time to see who can play this game or who can't cut it.... they are banking on many people being sick of this stock plunging after the sales announcement. Again IMO don't sell and load up... this industry as a whole is coiling up like a spring and soon it will pop. I suspect when feds get the bill through senate and it is finally a real go then real money will come in.
I'm a bit skeptical to put more money into this company... the price is certainly below my average price but momentum needs to be built with this company. The question is have they missed the bus or are they trying to blaze their own path which causes them to be a underdog.
THC hurts my brain.... I love their business plan/strategy, but they are not good at keeping us informed. Is this a good play or not only time will tell....
did not expect the SP to take this type of beating esp since we had TSXV and Sales news. Incredible what this market is doing right now.... I don't know if this is the correction or major stock manipulation or both.... I just cannot see FIRE worth 1.14$ (CDN $)
Ahhhh when will the THC bleed stop?
Oh I see..... THC website news
THC Receives Dried Marihuana order from Germany, Appoints New Director, Settles Debt for Shares
THC.CSE THCBF – OTC TFHC.F
Vancouver, B.C. – (June 22, 2017) THC Biomed Intl Ltd. (“THC”) is pleased to announce that it has received an order to export Dried Marihuana to Germany. THC has initiated the process to meet regulatory requirements to export to the European Union.
THC is excited to begin to claw into what is anticipated to be a more than billion dollar International Cannabis Market.
THC currently offers 29 different Genetic strains for sale and has the largest variety of Genetic strains available in Canada to home growers.
“THC intends to soon begin selling dried Marihuana as an interim supply to registered home growers at $4.20 per gram. We believe this would be the lowest price ever offered to medical patients in Canada,” commented John Miller, President and CEO of THC.
“We are pleased to offer this wholesale-type pricing to our fellow growers. The home growing market is expected to expand rapidly in the event recreational Marihuana is introduced,” said Mr. Miller.
THC is also pleased to announce that Dr. Ashish Dave has consented to join the Board. He was appointed as a Director on June 21, 2017. Dr. Dave is a scientist who has previously consulted for THC. Dr. Dave has a PHD in plant tissue culture and a Master’s Degree in botany.
THC has also settled $58,596 of debt obligations for consulting services through the issuance of 133,172 common shares of THC at a deemed price of $0.44 per share
encouraging information, thank you Oatsuzn. Of course we need to take everything with a grain of salt. I do find interesting that WMD mentioned limit of 5 clones before sale and use a 6 pack. If C45 goes through max 4 per household. So wonder if that would change their shipping needs. Even a few other companies as well as THC using device is great news. As long as it goes through C45 I really believe homegrown is underestimated in the market. Hopefully THC and Cloneshipper are also looking to improve design and R&D and will continually come out with better, cheaper products for consumers.
what do you mean by your post here maddstacker?
looks like a pull back again me thinks.... even with HC and Gov stating a hard deadline to July 2018. sit back and relax people.
https://finance.yahoo.com/news/supreme-provides-license-125513693.html
No sales yet.... amendments etc.... but not sales..... surprised they halted for this.
it is only a few mins after close, give it some time. With an IROCC halt it is required for them to provide information in a timely manner after the halt. I'm hoping for good news, as stated why else would Fowler and Supreme's twitter mention the halt and pending news unless it was good...... this is only another chapter of a much longer and larger roller coasted. Happy Friday everyone
Cloneshipper numbers out hopefully end of month....lets see what all this interest in cloneshipper unit means to bottom line. I believe it's a great product and design. This will be something everyone uses but only time will tell if that means money in the bank. GLTA
I read the full debate last night on bill C-45
https://openparliament.ca/bills/42-1/C-45/?singlepage=1
The PCs are just trying to find something that they want to complain about. Their new motto is to not have 'plants in the kitchen'. The issue is they clearly do not understand growing and the many options to do so. Even though the PCs are pushing the are fighting against a majority liberal government, and if everyone stays on party lines it will go through. The NDP as well is supportive of the bill, they wish to have MJ decriminalized right now but other then that they support the change. Prohibition has certainly proven that it does not work and this bill is to set in motion a way to squash the black market (won't happen), protect children, and lastly to generate tax dollars (not something they are saying but we all know true). I cannot say with 100% certainty that the 4 plants won't be rejected, but that also means rejecting the whole bill which Liberals will not allow. Patience people, this is a historic bill and debates always occur but I believe it will all get passed....
so anyone have any idea why the SP is plummeting? My only guess is market wide everyone is red... then maybe the PCs mentioning about they are against growing at home due to risk for children. Other then that I am quite puzzled.... also sad no one uses this thread at all..... thoughts people?
agree SuzanM..... but we still have a long road ahead.
Hopefully people will start hearing the word of THC and like their approach. They are not a hype company so something must be brewing. Does look like some institutional investors have been starting to buy in. Last week and this AM for example. (CSE website)
Read the "rumour" again.....says lob laws will not disclose as their potential partner is either buying an lp or being bought out...
Ok hypothetical ....if SL is this partner... Would they be buying an lp or be bought? Nervous it's the latter ... But also not sure what happens to my shares....tbh
Cloneshipper owner just tweeted,
"Made my first million today. Thanks to the people who said I couldn't and to the ones who knew. Shit gonna spoil...." 2 days ago
"Just got the new truck turbo diesel" 2 days ago
So... 1 million $ deal.... We all know whom with....
Jmo
Bing420,
What did he talk about? What was the reason for the interview? Did you learn anything new from it? ETC.
This is good news imo !
The deal is working its way to completion, cash deal so no pp to dilute shares, and it is financed I suspect through the 10mm capital commitment by gem. Now hopefully after cfo done selling this will start an upward trend with more nr adding value. This company has great potential imo and I like that they are different from the rest and caring out a niche for themselves. This market is certainly not just about growing and selling... Which they will do anyways.
A sigh of semi relief but long road ahead. Glta
sadly this is a quiet board for THC biomed... I too wish there were more people active.
Financials should be coming out end of month beginning of June. Many people are expecting rock star numbers but I am a little more conservative and just want to see a steady positive trajectory. Last financials was literally for 3 days of clone sales with their consulting. Hopefully this time round we shall see much better revenues and increase in all the fields. THC has a different approach to this market. Some people like it, many do not. DODD and you can make your decision for yourself.
By no means am I selling, right now is more about when the bleeding will stop, ie when we hit rock bottom. I have a feeling we may hit into the 40's for a bit with the amount of shares still left to be sold. Just trying to find a good time to buy more.
Other issue with sp is cfo selling shares (2.5 m) over past week, stop can't Handel the volume of sales and price dropping. The market as a whole is red. So it is a double compounding effect really dropped the share price down. I can only hope that it will rebound eventually now the question is do I buy more...
you posted the same exact message on Stockhouse. I'm just trying to understand why this forum is so dead, and if this stock is dead or not. I've been with THC a while, should of sold when they peaked and didn't. Now is a slow drag down and trying to figure out if I should average down or not. I just can't understand THC and there lack of IR.
I'm not bashing or pumping you or the stock, just trying to figure it all out (if that even possible)
GLTA MD
Good news overall...large expansion, more employment and economic spin off.... They will get their sales sooner then later. I can't see fowler talk about 70m expansion unless he had no concerns about sales coming. Go SL
Hi Dapperdan,
I think your frustration is quite warranted, and seeing the last few days being nothing but a downward trend can be quite deflating.
One thing I have started to understand (be that I am no expert) is to be the first out of the start gate is not always the best. Look at Weed (Canopy) They hit 14$ at one point based on all hype... but slowly being dragged down based on their financials/NRs/competition @ 9.67$ today. Many of these companies are way overvalued and their saturation of their shares and their market caps are a perfect examples that hype created the SP not justified results. I see this as an advantage for SL. They are well positioned, sales will come, foreign contracts, great business plan, and $ in bank to pay for anything they need (did we forget they just paid off their 3mm$ mortgage?) Yes financials do not look amazing but wait until revenue start coming in. I believe SL SP is well suited based on where they are at today, once the sales comes through watch out.
it will come to us all that have patiently waited and from sound of it you have been waiting much longer then me. GL All.
I will agree REMO went a tad too far... Telling John to Calm down not exactly the way to present it. But really message is, everything went well, perception is that things will be approved. Thus Supreme Approved and then back to moving up. Lets go! Did not expect all the RED this week, but again learning curve.
GLTA
Take a listen.... Great walk through of a day at 7acres
John fowler interview....talk about vault etc...
https://www.navltd.com/7-acres-tour/
Happy Monday everyone,
Thoughts on today? I'm reading a lot about active shorts this week? Hoping for a green week.
Glta
Article about etf.... Not so nice about SL....wondering if because of sales licence or writer has no clue. Enjoy. Thoughts welcomed
Canada’s new cannabis ETF had a solid opening day, but the buzz surrounding it may be limited.
The Globe and Mail (BC Edition)6 Apr 2017DAVID BERMAN
Canada’s first marijuana-themed exchange traded fund gained in early trading on Wednesday morning, feeding an ongoing fascination with pot stocks that can’t end well.
The Horizons Medical Marijuana Life Sciences ETF (HMMJ), which provides instant exposure to 16 stocks, rose as high as $10.50 soon after its debut, up 5 per cent.
It becomes the first fund to provide diversified exposure to U.S. and Canadian-listed stocks that are involved with medical marijuana bioengineering and production.
“Production” can mean gardening. Scotts Miracle-Gro Co. has a 10-per-cent weighting in the fund, which serves as a good backbone: It’s a profitable company, with a $5.5-billion (U.S.) market capitalization and a valuation – 23-times trailing profit – that’s in line with the broader market.
Most other members of this ETF, though, are highly speculative, based on their relatively small market capitalizations and an investor frenzy that has driven some share prices into bubbly territory.
Aurora Cannabis Inc. also has a 10-per-cent weighting – the maximum allowed – given its value of $850-million (Canadian). The company hasn’t produced a profit yet, but assuming it meets expectations next year, the shares trade at a lofty 35-times profit.
Aphria Inc. is profitable and has a value of about $900-million. This profit, though, makes the shares look extremely pricey, given that they trade with a price-toearnings ratio of 190.
Supreme Pharmaceuticals Inc. isn’t profitable, and isn’t expected to be profitable. Yet the share price has risen 365 per cent over the past 12 months.
»
And Canopy Growth Corp., the one with the catchy ticker symbol (WEED), has risen 150 per cent since October, pushing the stock’s valuation to a market-leading 330-times expected 2018 profit.
We get it: The ETF provides exposure to small companies ideally positioned to take advantage of a tend that has seen marijuana go mainstream.
“Despite the recently strong performance of many of these companies, we do think that we’re still in the early stages of what could be a unique longterm growth opportunity,” Steve Hawkins, co-chief executive officer of Horizons ETFs, said in a statement.
The thing about ETFs is that they provide diversification to investors who want to spread out the risks of holding one or several stocks.
But are 16 marijuana (and gardening) stocks inherently less risky than one?
The marijuana ETF certainly gives investors a relatively broad group of companies, taking the guesswork out of picking a winner.
However, it leaves investors with an uncomfortable reality: Even as a group, these stocks are highly speculative, given the backdrop of steep valuations, low- to non-existent profits and a hard-to-define competitive edge.
This new ETF might make pot stocks look as though they have attained a new level of credibility with serious investors. Serious investors, though, should be rolling their eyes. Horizons Medical Marijuana Life Sciences ETF (HMMJ) Close: $10.25
not a day I was expecting today! thoughts?
no real news is out, so either someone shorted or people jumping ship which means some cheap shares for others. I still like this company and not selling a share but not what I was expecting.
GLTA
I just have that feeling it is manipulators trying to get their last piece of the swings before it finally pops and they move on to another LP. IMO I have this feeling it is the manipulators and tomorrow we will see it back down again. Not what I want, but with my experience when there is no news to back up the SP increase it usually goes down.
what are other people thinking?
find it very strange how quiet THC boards are... I feel like it is a diamond in the rough and no one wants to talk about it... you know first rule of fight club is to not talk about fight club.
Hoping for good but not expecting amazing results from their financials release shortly. Lets build up some confidence in the SP with some good news.
happy friday
no posts, no bashers, no pumpers... what's up people?
slow and steady wins the race.... SL for the win! ... one day
happy Friday!
if I had extra money I think this would be another good buying time before it does pop. I cannot see this SP go much lower, and certainly will not crash. Just a matter of When IMO.
CSE Website
http://thecse.com/en/listings/life-sciences/supreme-pharmaceuticals-inc
Some very large bid/asks... should be interesting on how this day/week/months play out.
Esp WHEN the sales comes finally through.
What are people's thoughts for today?
GLTA
Looks like we are seeing some manipulation again (IMO). There are too many big players keeping the SP down until they get all their friends in at these prices. There are so many shares out there demand cannot be controlled indefinitely and the price will push up. I do not believe today will be a rock star day... but the time will be soon.
Heck I hope I'm wrong.
GLTA