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I found this on another board. I can not make it clickable on my iPad but it's worth cutting and pasting if you want to stay up to date on Marijuana policy. At some point the damn is going to break and people will be chasing all Marijuana stocks. All it takes is a positive comment by Trump on states rights and medical marijuana.
GOP Congressman Presses Trump On Marijuana In Oval Office Meeting
https://www.marijuanamoment.net/gop-congressman-presses-trump-marijuana-oval-office-meeting/
For those of you who don't know who Congressman Matt Gaetz is, he is a very well spoken conservative from Florida who is always on the Fox News channel and is considered a bright up and comer in the Republican Party. I know that Trump likes him a lot.
Thanks to all MYDX longs! The wait will be worth it!
Thanks that's informative. Go OWCP! There is so much potential in this space. At some point the damn will break and people will be rushing to get in.
Yes, some market makers are driving the price of this stock down.
Yes, there are those who want this company to fail for their own gain.
Yes, MYDX his and innovative company who is on the cutting edge of the way we find and take medicine in the future.
Yes, there are many potentially positive catalysts coming in the near future that can drive the stock price higher.
Yes, you have to have a strong stomach to handle the daily price fluctuations of MYDX.
Yes, I am a buyer and will continue to be.
Thanks to all those who care about the success of this fledgling company and their drive to change our world for the better.
I am not worried about the recent price decrease. Once they're done "playing"with it the share price will most likely skyrocket back up. There are just too many positive things happening with MYDX.
Revenues at this point do not concern me either. I would rather have them focus on innovation and growing the company rather revenues at this point. Revenues are a worry for people who are thinking about this stock in the short term not the long term. Although they would be nice!
With all the positive PR's and so much potential building up with MYDX, Some day (soon perhaps?) the upward pressure will build so high we blow the lid off of this thing.
What will be the catalyst?
-changes in Marijuana laws?
-successful lawsuit that's underway now?
-Medical Device Designation For CannaDx And The ECOSmartPen
-Another positive PR?
The only thing that seems for sure is that the price is destined to rise in the future!
Thanks that's great news for the whole industry. Glad to see the attorney generals who signed it.
It just keeps getting better! As a firm believer in MYDX's products and advancements I am still continually impressed by these recent announcements. So much so I had to buy some more today.
today announced a definitive agreement and statement of work with a contract research organization to commence clinical trials in Israel on its proprietary pain management formula that was derived from 50,000+ pre-clinical, crowd-sourced physiological data-points tracked by MyDx's Handheld Cannabis Tester and associated mobile app. Israel was chosen for its ability to fast track studies through the FDA as well as its expertise in the cannabis field. The study will be conducted in one of the leading hospitals in Israel, and will be overseen by the Israeli Ministry of Health.
It's a slow day here with Cannabis markets down overall. Perhaps it's a good time to do further DD. This is a very readable PDF that explains the technology used in the MYDX "electronic nose" technology first developed by Caltech.
http://calteches.library.caltech.edu/3823/1/Lewis.pdf
MYDX has a patented multiuse hand-held chemical analyzer designed to help consumers and professional test for pesticides in food, chemicals in water, toxins in the air, and the safety and potency of cannabis samples, which is the initial focus of through the CannaDxTM application. CannaDx users have submitted over 40,000 crowdsourced datapoints revealing the chemical profile of the cannabis they are consuming and how its making them feel which feeds a data analytics platform, a SaaS business, as well as the biopharmaceutical division of MyDx. The company is committed to addressing areas of critical national need to promote public safety, transparency and regulation in the various markets we serve and hence its more immediate mission is to continue to develop smart devices as part of an ecosystem that crowdsources consumer generated preclinical data to drive innovation in the cannabis industry. For more information, please visit www.mydxlife.com.
It's becoming more and more prevalent for Doctors to write prescriptions through means other than direct visits. We have been doing it in AK for a long time due to the remoteness of many of the villages.
I was just reading up on Dr. Jess who is partnering with MYDX. I was happy to see that she practices functional medicine. In case you did not see this part:
As the MyDx team expands its service offering, management anticipates that Dr. Jess will be able to offer doctor consultation for MyDx customers through the MyDx App, including the possibility of writing medical cannabis prescriptions in all legal states.
I was not sure about this company at the beginning of my research last year but everyday I am more confident that MYDX is at the forefront of medical cannabis and taking responsibility for your own health.
Thanks to all who invest in the future.
I hope so for everyone who's long!
There is almost nothing to it. Others are free and better. No ads on it anyway :).
I had a lot of swarm shares so I checked it out last night...
Yeah only bitcoin...seems super hastily made.
I did and I am sorry to say it's complete junk. There is a news area with 4 old stories (that's it) . It tells you the price highs and lows of the week (no graphs) and the price in the moment was way off.
Medical device licensing info taken from health Canada website:
What are the steps in the review process for a medical device?
When a company decides that it would like to market a medical device in Canada, it submits a Medical Device Licence Application. The amount of information which must be submitted varies depending on the class of the device.
The TPD reviews the application.
If the information provided meets the requirements of the Medical Devices Regulations, a Licence is issued.
What happens if a medical device is not approved?
If the TPD decides not to issue a Medical Device Licence, the manufacturer has the opportunity to re-submit the application and supply additional information or to appeal the TPD's decision.
How long does it take to review a medical device licence application?
Although the length of the review varies depending on the class of the device, Class III & IV Licence applications have a target review time of 75 days and 90 days respectively and Class II Licence applications have a 15 calendar day target.
Can new medical devices be obtained prior to a licence being issued?
The Special Access Programme (SAP) allows doctors to gain access to medical devices that have not been licenced in Canada. The SAP is used in emergency situations or when conventional therapies have failed, are unavailable or are unsuitable to treat a patient. For further information on this topic, please refer to the Fact Sheet entitled, "Special Access Programme (medical devices)", dated July 2001.
Ok can someone please tell me what the news means? I have read the it but am apparently too ignorant to understand it all. Thanks to all those who still care about GIGL. I have a .12 average lol! Big loss but I still have some hope.
Why is this not trading today? I am somewhat long on these guys. Thanks!
That is interesting. I would celebrate an announcement of Jeffs termination for multiple reasons! Terra Tech still has a long way to role to get back to pre "Sessions announcement" levels.
Most definitely people wanting to be a part of MYDX who is a leader in this sector that folds Cannabis together with technology to create innovation and choices for our own health and happiness!
Short term they are slot machines for sure. Long term plays (if you can stomach it) eventually sort the winners from the losers.
Canadian MJ stocks are the ones oversold. US MJ is just getting started. Many young people are opening trading accounts for the sole purpose of getting into MJ and crypto stocks. This may eventually have positive affect on MYDX as well as other stocks.
Congrats to all those who have been here the last few weeks.
Thanks for your service! I thought maybe there may have been some protests over this. Maybe there will be.
I bought a lot of trtc yesterday. Glad to be back in it! It's so undervalued but that's the otc for ya!
"Were the Department of Justice to decide to enforce laws against cannabis operators, it seems likely that the feds would target businesses that are running afoul of local and state law rather than prosecuting companies that are complying with local and state laws that regulate cannabis. To target state-compliant businesses would be to pick a fight with the state,” Rob Selna, a partner at Wendel Rosen Black & Dean LLP, who specializes in cannabis-related law in California, told the Business Times last month.
This Sessions business is hardly likely to affect the legal cannabis market much. It will make the black market (their biggest competitor) more difficult.
MYDX news stated that they are partnering with Highsmen on developing personalized strains. Here is their website.
https://www.highsmen.com/
Thanks for the question: MYDX seems to be both Cannatech as well as personalized medicine.
One definition of personalized medicine:
In personalised medicine, diagnostic testing is often employed for selecting appropriate and optimal therapies based on the context of a patient’s genetic content or other molecular or cellular analysis.The use of genetic information has played a major role in certain aspects of personalized medicine (e.g. pharmacogenomics), and the term was first coined in the context of genetics, though it has since broadened to encompass all sorts of personalization measures.
It may be the future of medicine an may decrease negative side effects of medicine in general.
"Were the Department of Justice to decide to enforce laws against cannabis operators, it seems likely that the feds would target businesses that are running afoul of local and state law rather than prosecuting companies that are complying with local and state laws that regulate cannabis. To target state-compliant businesses would be to pick a fight with the state,” Rob Selna, a partner at Wendel Rosen Black & Dean LLP, who specializes in cannabis-related law in California, told the Business Times last month.
MYDX is complying with the law and is not exposed to enforcement crackdown. Most likely sales would go up in the medical cannabis arena where this company is focused.
"Were the Department of Justice to decide to enforce laws against cannabis operators, it seems likely that the feds would target businesses that are running afoul of local and state law rather than prosecuting companies that are complying with local and state laws that regulate cannabis. To target state-compliant businesses would be to pick a fight with the state,” Rob Selna, a partner at Wendel Rosen Black & Dean LLP, who specializes in cannabis-related law in California, told the Business Times last month.
Sessions is going to let federal prosecutors where pot is legal decide how aggressively to enforce federal marijuana law.
It looks to me like he is giving power to the states to decide what to do. If thats the case, I see minimum issues moving forward.
Sessions will let federal prosecutors where pot is legal decide how aggressively to enforce federal marijuana law. - I doubt if the federal prosecutors in the legal states are going to want to crack down.
It looks to me like he is giving power to the states to decide what to do. If thats the case, I see no issues moving forward.
Many MJ stocks are down way more than MYDX. It's holding up well and will rebound with the rest.
Lots of people buying and lucky to be getting in at these levels. Sessions is going to leave it up to the attorney generals in each state. It will all rebound and be fine eventually.
Compared to Canada MJ stock prices TRTC was already a bargain now it's cheap cheap cheap. Who know what sessions will say latter but people will not put up with a crackdown. It's gonna cause sales to go up.
MYDX is in Canada not just the US so eventually people will stop selling do to Jeff Sessions news.
Gwpharma is the Monsanto of cannabis. Genetic manipulation is archaic compared to using Tech and DNA testing.
The cannabis industry is great and all but combine it with technology and medicine like MYDX does and you really have a potential powerhouse.
This company has a roadmap to success and has moved into the express lane.
MYDX is revolutionary! Science is quickly catching up with legalization. Companies like MYDX are partnering with the tech industry and Genetic researchers to help consumers correlate the chemical profile of cannabis with how it makes them feel and which ailments it alleviates for their particular genetic make up.
It's the future of medicine and we are lucky enough to be a part of a company at the forefront.
There are a lot of forces against MYDX but they ultimately control their own destiny by creating success.
In addition so many of have multiple millions of shares and refuse to sell until they are at full value. .05+ I just keep on buying.
I am "betting on a company who has legit innovation, and the know how or financial means to turn that idea(s) into a physical product(s) that will work as advertised"
Yeah I Agee there have been games here for a long time and ones where people do not play by the rules.
One has to love the possibilities of this company. With technology that can change how we interact with the world.
https://www.mydxlife.com
I agree, there are many investors that were in really early and are waiting till .05+ to break even. Day traders may sell but it’s looking great!