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https://www.cnbc.com/2019/04/17/weed-giant-canopy-growth-closing-in-on-deal-to-buy-acreage-holdings.html
Holy smokes this is gonna stir up the whole industry!!
When is this pos gonna start moving?? I knew I should have bought Namaste instead of this pig!! Lol
I agree. Executives can support the company like the rest of us by using their hard earned money to purchase shares, they are paid well.
Probably cuz the whole sector a giant house of cards with alot of smoke and mirrors, so there always has to be something bright and shinny to lure in the moths...
I'm a happy camper though cuz I'm all oiled up $$$, until that Citron jackass tells everyone that oils don't really exsist...lol
The only bad thing is its really hard trying not to buy more. I already own a stupid amount of shares at a very low entry and this is one of the few times I averaged up on a ticker, but I truly believe this one will be easily sitting at $8-10 within the next few months if not sooner...decisions, decisions
Once labs landed on that cannabis revenue list a whole lot more eyes took notice...Technically we are only half way to the promised land. One could still buy now and double their money before Xmas!
So are you just fat..or obese? Lol. My wife tried to do a labs intervention on me and I told her to kick rocks! She said if I bought on more share she was gonna leave me....
Damn I’m gonna miss her!
Good ole shake and bake!!
Since most of us are invested across the industry and no news here...taint too shabby!
https://www.globenewswire.com/news-release/2019/04/09/1801637/0/en/Green-Thumb-Industries-GTI-Announces-Full-Year-2018-Revenue-of-62-5-Million-278-Year-Over-Year-Growth.html
I didn’t pay too much attention to the numbers mentioned. As far as a lot of longs I think are still around, when all the bs started I think most just took the I’ll check back in a couple months attitude, especially those of us that owned way way too many shares to take that hit without seeing what’s on the other side of the hill would be ridiculous. I think long term Namaste will be a clear winner, there are just too many damn cannabis companies out there and a singular platform to sell all related products in the future just makes sense. I’m actually surprised everyone made such a big stink about management changes, we all knew they were ill equipped to deal with a company of that magnitude going forward. Patience will pay, but like most others I will not put anymore loot in until we see definitive forward progress, they better not just come out with financials, they need to fill those board seats and get management positions solidified..
AUSTRALIA FACILITY PROGRESS: Vault installation and prop work for the mezzanine slab are underway at our Australian facility. We continue to make great progress and remain on schedule for an H2 completion. #australia #progress #cannabis #medicinalcannabis pic.twitter.com/fybgkgsvL4
— MediPharm Labs (@MediPharmLabs) April 9, 2019
Fricking name change ruined our blue sky breakout...lol :(
Sounds like a good plan, especially since Cv isn’t going anywhere special until the fda gets their head out their arsz. But best be quick like Rick cuz don’t think pharm looking back...$$$
That what happens when you use cheap over the counter non GRAS certified cbd..:)
At this point I would say they averted the crisis and a buyout is no longer needed. You could tell from Menis talk in Israel that the gears are turning, probably in a different way then most think. I think all will find that they have a shittone of patients why else would you need computer learning to make it all happen. I think they are going to stay true to trying to be “your everything cannabis store” in the future which they are probably looking out 2-3 years and will use their platform to sell everyone’s hardware, weed, edibles, swag, cookbooks, anything and everything to do with cannabis. Will this make for a good business model? That remains to be seen, but either way will probably be a slow going for the next 18-24 months...
Kind of would have thought they would of had someone in place already for this position?? Wish I lived in Cali..
https://www.freshplaza.com/vacancy/8898/head-grower-cathedral-city-california-usa/
Another great day to be a Pharmer...Still thinking we are just knocking the rust off the ol girl and have only begun to climb the mountain...of profits!
https://scp-cdn-hp2ihgdztoaaaxh.netdna-ssl.com/wp-content/uploads/2019/04/MediPharm-Q4-note-April-5.pdf
• Extraction companies are undervalued compared with Canadian
cultivators and U.S. multi-state operators. Based on our preliminary estimates, the Company trades at 4.9x and 3.3x, 2019E & 2020E
revenue multiples, compared with Canadian majors and U.S.-based
peer companies, which trade at a consensus average of 42.5x, and
9.3x for 2019E, 12.6x and 4.6x for 2020E, respectively. On an
EBITDA basis, the Company trades at 19.6x and 13.1x 2019E &
2020E multiples, compared with U.S.-based peer companies, which
trade at 35.6x and 15.3x, respectively. We believe this gap will close
as the market realizes the significant value potential of extraction based business in Canada.
I added some pics and some of our partners to your sweet ibox presentation since some people are visual..and you can't have a winning ibox without hookers and lambos....LOL
Probably has something to do with.....
2019 Year-to-Date Highlights
Executed Private Label Sales Agreements in place valued in excess of $85 million over 15-month period from December 2018
Executed large Private Label cannabis oil sale for $35 million with additional $13.5 million purchase option over 13-month period
Signed a 3-year Tolling Agreement with TerrAscend Corp.
First extraction only LP to sign an International Private Label Sale Agreement with AusCann Group Holdings Ltd. – Export of cannabis oil from Canada to Australia for the manufacturing of hard-shell cannabinoid capsules
Launched White Label Solutions Platform to extract, purify, formulate, process and distribute for LP’s, direct-to-consumer brands and non-cannabis consumer packaged goods (CPG) companies for provincial distribution
Signed first White Label agreement to formulate, process and distribute tincture bottles on behalf of an existing brand commencing H2 2019
Acquired over 5,000 KG of dried cannabis for Private Label cannabis oil production in final two weeks of March
Initiated trading on OTCQB under symbol “MLCPF” and FSE under symbol “MLZ”
Mr. McCutcheon continued, “Looking ahead, we are now working on an ambitious, well-planned agenda for 2019 that will enable MediPharm Labs to extend our first-mover advantage. We are ramping up production, adding capacity, targeting EU GMP certification, expanding product offerings, developing R&D and IP, signing new sales agreements, and executing on our M&A and international growth pipeline.”