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.
Yes expediting, fulfillment and logistics are going to be critical to Namaste success. Lots of moving parts and massive development need to happen quickly. Don't they have help with fulfillment currently?
I cant keep track of all the news. The more in house that is the better.
It will be thrilling to see how it all plays out.
I gave Namaste some feedback that their social media -Instagram in particular-is weak, and I'm looking for that to improve. A good part of their demographic market uses social media, and it is an essential marketing element tehy are not exploiting properly. It's a great opportunity to engage their customers and get them involved with crowd sourced content.
I'm surprised it's not further along at this point.
Anyway their investor relations are impressive, and Sean, and most likely most of his team, are workaholics. I'm sure there will be hiccups, but I love their strategy.
It's execution time, and the sales #'s and financials should propel Namaste and share price not just in short term legalization in a couple months, but far beyond. Namaste needs to turn profitable, or closer to profitable, next year, with their revenues increasing exponentially with their platforms and programs in place and running.
I'm a skeptical believer.
Nice graphics Potter, it's entertaining.
Are any of you guys watching NHL playoffs also?
Best viewing sport by far.
I'm thinking Predators or Golden Neon (K)Nights win it all.
looking at Namaste financials Q4 2017, Namaste execs taking approx. 25% share compensation on gross sales. Less than 1/2 of Canopy's, so that's not too bad. But Namaste gross profit and total losses suck, and this will need to turnaround and improve sometime in near future, after their programs have been implemented and they are achieving some efficiencies. I imagine back in the day before they went public, and were up to speed on the ecommerce of vapes, etc. that they had some profitable years.
I dont love accounting but these #'s have to be looked at, in active investments with alot of exposure. I've got some big exposure in Namaste, and believe in them.I'm gonna look more closely at Cronos, which has been doing great share wise, and I invested cus of their exec. team and lots of Univ. of Chicago brainiacs. Big opportunities in this industry for non greedy, nose to the grindstone, orginizationally strong and efficiently led companies. Is Sean and team like this? Cronos? I've bet on it so far.
Happy 420 Namaste people!
shooting for $4.20 in near future
2-3 weeks is about right. News for full Cannmart license about then too.
May onward will be much better
Namaste tine in a couple-few weeks
they are lagging behind market
positive pop that is, not bubble pop
finally a pop in the market
agreed. Time for results soon.
I'm confident it will happen.
I dont know if it is pessimism, but really Sean D. does need to get his shit together on public comments and timelines. perhaps make less of them. It is refreshing to see an executive make himself accessible however, but he needs to up his professionalism and also his vocabulary of "awesomes, amazings and epics".
Anyway,I believe the future looks bright for Namaste and their plans and strategies, lets see what shakes out over the Spring and early Summer, and be patient. I see big things coming by Fall/Winter in their development, revenues, and stock price.
If I was a Canadian patient , I would certainly use their app., and platform when it is fully functioning and avail., as it will provide more direct feedback from a medical professional, and a wide variety of choices.
Lots of moving parts with whatNamaste is undertaking, it takes some time.
This company is way more exciting than the hundreds LP's out there.
Mazel Tov! Boehmer and Israel, good news. Great days ahead soon!
things will look way better this Summer and Fall John CM, patience
Bill Blair makes it sound like Rec. Legal def going down this Summer:
Prime Minister Justin Trudeau recently said he wanted to see the bill legalizing the drug receive royal assent this spring to allow it to become available for sale sometime this summer. It passed second reading in the Senate in March and is now before committee. Blair echoed Trudeau’s sentiments this weekend.
“Regulations will be ready to go, but when that royal assent takes place, we’ve got some work to do for an orderly rollout,” he said.
“I think Canadians can anticipate within [a] two-month window of royal assent, the government of Canada will establish and announce a date of implementation.”
full artic.:https://globalnews.ca/news/4128265/marijuana-canada-no-celebrity-endorsements-blair/
I can see $2 just around the corner....
buckle in, it's going to be a Long ride
here comes NXTTF! At least I think we know that low is $1.20ish now.
It's going to improve substantially , especially as Summer heats up. I'm taking more profits out next time things get crazy high. I'm learning.
But Namaste is long term, I just made my final buy in, I'm at 40,400 shares. So when it goes to $5, $7.77 or $10.00, it will be quite a blissful event.
Namaste going to pop up pretty soon to $1.50ish, but then more languishing probably for a month.
Earnings reports will be what eventually drives NXTTF, and second half 2018, and 2019 looking very good I think for Namaste with all they have set up, and rolling out.
Time to just watch in pain most of April, load up a bit more when lows hit bottom, until rebound in May.
I believe in Namaste, and the overall cannabis industry, and I am betting heavily in it, but investing in this sector is not for the weak of heart.
Things will look better in June, I keep telling myself.
My portfolio down 50% this year, from what I know was an inflated high first week of Jan..
I willing be selling more in future big bumps, lesson learned.
Can you imagine Depression events when people lost 100%? Hopefully that won't happen.
Trump not helping with idiotic tariff policies and new trade war. Crazy shit, hard to fathom, surreal even. General market down approx. 10%.
Must read:
https://midasletter.com/2018/04/canopy-growth-50-day-ma-failure-triggers-industry-wide-selling-event/
This company sounds like they have great potential, but their stock chart and price look really bad. I took a position a few months ago, and just watching. Might be a long road ahead for this company to gain traction.
Any predictions on their revenues increasing or some near future catalyst?
I do love the idea of hemp protein and edibles and their products are getting good reviews on FaceBook.
The whole pot stock market is languishing, but should pop in a few weeks w upcoming CAN legalization.
time to buy more, but seriously, if the market is still like this a month, or 6 weeks from now, I'm going to start losing sleep.
I'm seeing $3 again come June/July, and bigger jumps after that with increased revenue reports.
Let's catchup some to Canopy on revenue, then price should look pretty pretty good
AGM link:
Price in 5 yrs. to equal current RSI(X) x TTM(Y)+ EPS(Z) divided by 1/x-(y+Z)divided by py.
X avg. volume over next 6 months. So we will know in 6 months what the price will be in five years.
Does that answer your question?
Let's get serious here a little, that is a really goofy question.
Do some research, learn some basic analysis, and make a play if you think it makes sense.
Aphria insiders bought shares in Nuverra for next to nothing and then with Aphria purchase of Nuuvera at overvaluation approx. $5 per share for a company with $30,000 in 2017 revenues, they made out with approx. 100 million. If true this is very bad and maybe illegal.
Aphria appears to be sinking ship and big disappointment. That 100 million insider deal, if accurate, is outrageous. I was high on Aphria but no more, and have sold 95% of my position over the last few weeks.
I'm all in on NXTTF, they are hungry and have an edge.
This whole sector will languish a few more weeks, then pop with Canada Rec legalization upcoming.
I'm with you Green Willow.
If and when it strikes, we all need to meet yearly at Namaste General Investor Meeting. Or Jamaica.
I have been selling my Aphria position over the last two weeks, and I'm doubling down on NXTTF. Namaste certainly appears to be establishing the most technically substantial and far reaching business model of all the Cannabis companies, with investments in technology-e commerce instead of the majority of companies investing in production.
It certainly appears Namaste is well run, with loads of experience and success in e commerce, and already tens of thousands of customers worldwide in their database. I am curious why their valuation is so low still, but just taking the opportunity to buy. Namaste currently has approx.9% of valuation of Canopy growth, with over 25% of comparative sales, with what I predict will be at least 50% of Canopy sales by next year some time.Namaste one of the only undervalued stocks in the sector.
Just waiting and watching now.
With glowing hearts we see thee rise,
The True North strong and free!
Disappointing bump on the license news. I think most of us following this forum are in a bubble and have the vision for the future potential of Namaste. NXTTF is positioned well and sales growth + better PR will help boost the company. Dollinger should spend a few grand on a speaking coach, and prep more for any 420 PR. Less "Amazings" and "Awesomes", and hyperbole, and more grown up speaking style with gravitas is needed.I don't understand the haircut criticism, that seems petty, and his cut is actually in style and is in line with a tech company that values current trends.
Anyway, patience willgo a long way here, I think, as Namaste programs come online, I don't see any other Cannabis company out there besides Canopy, that will have higher revenues. I am cautiously optimistic for the long road ahead, and since I have a boatload of shares and didnt dump much during recent big correction, I'm just holding. We shall see....
No< I was wrong, Family Day was in Feb., CAN markets OPEn!and Cannmart open soon!
Sorry, I h=got months screwed up, Family Day was last month. My Bad. Trading Monday!
Next week should be sweet for NXTTF. I think Canadian markets closed Monday for Holiday, so gotta wait for Tues. And why did they halt today? Let it roll! As far as sales license, yes, they have to go through another protocol before full license is approved by Health CAN.
It's a formality.
$3.00 share price again in May, then $5.00 this Summer, and $10.00 in near future when it's second in sales to Canopy Growth I think.
we are back baby.
Do you think some of the hundreds of thousands of international buyer data base Namaste currently has for its current vape biz will convert to Cannabis sales?
I do.
Oh Yea!
https://itunes.apple.com/ca/app/namastemd/id1321923993?mt=8
APPLE APP for Namaste MD!
I can see $5 PPS within 1 yr.
It's a big world out there and they are setting up distribution points throughout, so I believe that Rec will be very big for them. Not everything happens in a short time frame, so let's see what develops over the next few years.
Yes namaste has young management making some missteps here and there, however their experience and biz model in e commerce will see this company catch up and surpass the top players in Cannabis within 2 years.
Their revenues now are roughly 1/3 of Canopy's, yet they are trading at approx. 5% PPS. I believe Namaste is the long term play to load up on, and I have.
Has anyone actually scene any published scientific studies re. Lexaria claims about improving bioavailibilty of CBD? Or tried their edible products and noticed a difference in affects versus other comparable products?
Is their coffee available yet?
I just watched an interview with Chris Bunka where he states alot of Lexaria products would be hitting the market in 2015 "very soon", and I don't think that has happened so fast.The concepts sound great but so do the promises of antyi aging wrinkle creams that are pretty bogus. Any input out there on the science behind this company and the quality and delivery to the market place of their products?
thanks