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Agree...So why go current?
That's the question or rather this strongly hints that some good things are coming.
To me. Think this is a requirement for them to close the deal they are working on.
Seeking Alpha article. Highlighting importance of Aurora and Medical Cannabis.
Given Namastes partnership and partial ownership by Aurora in Namaste...this article has a profound effect on Namastes long term value and growth.
https://seekingalpha.com/article/4236319-will-drive-aurora-cannabis-long-term-see
Just add 9K shares.
Nobody is really aware of what happened today. Give it time to filter.
Should be an automatic buy up to $1.85 USD.
Remember...this is a company with almost no sales. So this is going to make a huge impact on financials.
This has always been a company with big talk and almost zero follow through. Now that they have credibility...people will start to listen. Thank you Altria for opening the doors.
IMHO
This should increase sales by 10,000%.
This is going to take a company with virtually ZERO Sales to one with substantial revenue.
Say that because they didn't really have any sales prior to this
Until today believed that Lexaria who had advertising, promotional and consulting costs that are 15x Revenue and consulting costs of $242K based on Nov financials with only $22K in revenue was essentially on it's last breath.
But now. They have credibility!... And Sales!... Oh My!!!!
It's obvious somebody knows something.
Single largest volume day in well over a year...and on no news?
I'm out since someone bought all of mine at $.03 today. Wondering about buying back in as nobody pays over 1000% premium on pure speculation. Something is up.
Anyone have a clue what is going on here?
That said, super low market cap and this will move swiftly on any news.
Any ideas on the move...Just had 500K taken at $.03...WOW!
Agree Fully.
Had to do the math after seeing your 65%. (TGOD and NXTTF) make up 62%
2 Peas...1 Pod
Add in Aurora and it's 77%
Rarely sell. These are all long term holds.
GLTA!
Nice Picks.
Unfortunately sold my Canopy when it hit $12.
My current fav plays are:
Large Investment
NXTTF
TGOD
Aurora
Medium Investment
Cannaroyalty
MPX Bio
Emblem
Green Thumb
MPX Bio
Small Investment
Lexaria
Radient Technologies
Trulieve
Alcanna
MPX Bio
Supreme
Kush
GLTA
Massive Volume Today + 8% Jump in price.
Only the first of many folks. Huge undervalued GEM here.
ACB still has a substantial interest.
This stock will slowly blossom as the year progresses.
We are still at the start gate on this industry and organic hasn't even started.
One of my top picks for 2019.
Glta
New Tweet:
To be clear, there is no dilution in $IBGR or $GRDO as there has been no new stock created in years in either company. Nor is there any debt. New stock will only be created in equity financing deals which are currently being negotiated under the best terms possible.
Sounds like we are in a "Quiet Period" based on George's most recent tweet.
BAM!!!!
GLTA
Alcanna CEO: Ontario did the right thing in restricting licenses amid pot supply troubles
Alcanna CEO Interview
As mentioned many many months ago. Oravec was asked by Wang to find him a shell.
RO found him several shells and Wang picked the one he wanted. It was not the first option RO presented.
At the time, there was no planned out mission for Wang to move assets into the shell. Wang just wanted a shell. It's just that simple.
Looks like Floridny did some great new DD and seems that things have branched out or rather have followed some peculiar rabbit holes since then.
How do I know this? RO told me. We were talking on a different project and this came up. It's not a secret, just ask him.
To be fair, NOBO does have 800% gains or more. Likely much higher than that.
He has been here well before me and I have some gains over 1000%.
Full Disclosure...Also have negative gains on some of this stock but am comfortably up. Currently hold around 15M.
Not adding any more as reckless to put too much into just one stock.
A link to gains is below.
Now, nobody here knows for sure what is going on with GRDO. Irresponsible to say it is going to $.07 and equally irresponsible to say Schaeffer is still involved and that Sharpe is a puppet.
This is a risk/reward play and each person has their own level of comfort with risk.
Happy Holidays and New Year to All.
GRDO Account Link
Let's not forget that he ponied up $2.96 Million to buy 1.138 Million Shares in September.
Pretty sure none of us here have that level of holdings in NXTTF.
CEO's need cash...just like the rest of us. Looks like some tax-loss selling.
That's a lot of buys at .0022 for the needle to not move higher.
Nice to see the volume.
Agree. At the time of the deal closing a lot of us questioned whether it would happen as it made little sense. Had the same thought about them shorting back then (based in part of their prior deal) but didn't think they had enough clout to do it.
However, add Andrew Left who was touting his short position and this does indeed make perfect sense.
20/20 hindsight is always beneficial.
So if we indeed resign ourselves to this "conspiracy", we most likely are or are near the optimum buying position going forward.
Let's not pretend that shorts only drive the price down. When the price is down...they buy. And if possible...rinse and repeat. IMO we are very near the bottom and once we start to see revenue and customer trends...price will rebound and grow from there.
GLTA! Happy Holidays from rainsoaked Tennessee! No golf today folks!
Sadly 21.
Very happy to be proven wrong.
That said, moved enough powder to add up to 50K more this morning. Will add slowly depending on price action.
Still maintain that this is an easy double and likely 6x in 2019.
Only 4 of 20 items on CannMart are Bonify.
Two strains of Bonify were identified and have been recalled. Neither of those are carried by CannMart. Bonify's strains are: Cherry Lime Pie and Warlock Kush, sold at three retail stores in Saskatchewan, these have been recalled.
Bonify license is certainly on hold and likely in jeopardy.
Namaste's exposure seems limited to...if Bonify loses it's license.
Insane Opportunity People.
Just logged in to see this nonsense. Immediately sold shares in 3 companies (tax loss selling) and loaded 2nd boat with Namaste. Does anyone really think this will not be a min of 2x it's price next year.
Is there a company out there that has this much cash relative to their market cap? Doubt it. That's a ton of cash.
Bewildering why people are selling.
Long Term this is easy Money
Great company summary from Stonebridge Partners.
With 2018 coming to a close, we have been focused on companies that are well positioned for growth in 2019. The recent weakness in the cannabis industry has created a great opportunity for investors to look into quality cannabis businesses that.
One company that has significant advanced its fundamental story is Namaste Technologies (N.V) (NXTTF) and we are bullish on the growth prospects heading into 2019. Earlier this year, Namaste’s wholly-owned subsidiary, Cannmart, was granted a medical cannabis sales-only license with no cultivation from Health Canada. This was the first license of its kind to be issued by Health Canada and this development represents the most significant milestone in the history of Namaste.
Following the granting of this license, Namaste has been laser focused on growth and has reported several significant developments. Today, we have provided an update on the company and will continue to monitor this opportunity.
Focused on the Cannabis Delivery Opportunity
Last week, Namaste Technologies increased its ownership stake in Pineapple Express Delivery and an affiliated entity through a share purchase agreement to acquire an additional 34% of the company for approx. $3.06 million worth of common stock. Once this transaction is complete, Namaste will own 49% of Pineapple Express and we will monitor how the team executes on this.
Pineapple Express is a same-day delivery platform for medical cannabis and has been operating in Manitoba and Ontario, with plans to expand into other provinces. Cannmart recently launched same-day delivery services to its patients through Pineapple Express and has been satisfied with the results thus far. Namaste has plans to scale this operation, which will continue to operate as an independent entity from Namaste, by offering its services to Licensed Producers across Canada.
Namaste's agreement with Pineapple Express supports the company's strategy to invest in innovative companies which bring value to the company as well as the broader market. Namaste believes that same-day delivery for medical and recreational cannabis through Pineapple Express' platform will provide patients and consumers with added-value and looks forward to the expansion of the platform across Canada.
Reports Record Breaking Monthly Revenue
Earlier this month, Namaste reported strong monthly revenue numbers and announced record-breaking unaudited gross revenue of $2.6+ million, representing approx. 52% growth over the prior month and approx. 30% growth on a year-on-year basis after excluding U.S. revenue derived during the month last year.
November revenue derived through Namaste's global platform was almost entirely from the sale of vaporizers and smoking accessories. The company has been focused on cannabis sales through its wholly-owned subsidiary, Cannmart, Canada's first medical cannabis sales-only licensed issued to a non-cultivator and an online marketplace where medical patients can purchase medical cannabis sourced from a variety of producers across Canada. By expanding on the product offering through Cannmart, the company anticipates building its platform to represent the most diverse offering of high-quality cannabis products available in the Canadian market.
Following Cannmart's recent acquisition of Buds2go.ca, it anticipates launching its second online platform through Buds2go this week. The acquisition of Buds2go.ca is significant the domain holds strong organic search rankings with more traffic than Cannmart. The company recently announced its strategy to secure supply channels through future micro-cultivators, subject to the regulations Cannabis Act, and intends to offer the largest variety of craft cannabis products through Buds2go.ca.
Namaste intends to import medical cannabis to the Canadian market through strategic supply agreements with Good Manufacturing Process (GMP) certified international cultivators, subject to approval by Health Canada. Furthermore, Namaste is focused on launching cannabis sales within its global markets where the company maintains strong market share like the UK. Namaste's database of customers through its vaporizer and accessory business spans across 20 countries.
Signs Significant Supply Agreement
Earlier this month, Namaste’s subsidiary, Cannmart, signed a supply agreement with AgraFlora Organics International Inc., a growth oriented and diversified international cannabis company. Under the agreement, Cannmart may purchase medical cannabis products from AgraFlora's Propagation Services Canada (PSC) greenhouse operations in Delta, BC , subject to approval of its cultivation and sales licenses by Health Canada.
This is a significant development whereby Cannmart reserves the right of first refusal to purchase up to 10% of the total annual production from AgraFlora's large-scale Delta Greenhouse Complex, representing 25 million grams at $4 per gram, or up to $100 million in annual revenue. Total production costs are expected to be between 20% to 24% of total revenue and this represents a significant opportunity for Namaste.
When the 2,200,000 sq. ft. Delta Greenhouse Complex is fully operational in 2021, the facility is expected to be able to produce approx. 250 million grams of premium cannabis on an annual basis.
GTEC Proving to be a Strategic Partner
In early December, GTEC Holdings’ (GTEC.V) (GGTTF) subsidiary, Alberta Craft Cannabis (ACC), completed its first sales of cannabis to CannMart. This comes less than a month after ACC received its updated Cultivation License from Health Canada, permitting the sales of bulk cannabis to other Licensed Producers.
This is a significant development and comes after the companies entered into a supply agreement in late August. Under the terms of this agreement, CannMart purchased cannabis flower from ACC, for resale on CannMart's on-line platform, under GTEC's flagship medical brand, GreenTec.
We are favorable on the relationship between the companies and will monitor how the teams continue to work together. GTEC is in the middle of a major expansion and signed an agreement to merge with Invictus MD Strategies (GENE.V) (IVITF). The growth prospects between Namaste and the GTEC are significant, especially after the merger is complete.
Announces the Launch of an Innovative Cafe
In early December, Namaste announced plans to launch the Namaste Café global concept, an exciting new retail brand that is expected to revolutionize the concept of the modern café. The company also announced its exclusive line of H.E.A.L. (Healthy Eating and Living) branded food-products in partnership with chef Pete Evans. H.E.A.L will feature products and recipes specifically designed by Pete with a cannabis twist.
The H.E.A.L brand will be launched along with an educational platform including video content with recipes and ingredients needed to cook like the pros from the comfort of your home. Subject to the anticipated regulations for cannabis edibles and concentrates, the company will produce a line of cannabis-infused H.E.A.L branded products for sale through the regulated market.
The Namaste Café will be an immersive medical cannabis education-focused café that will center on safe use and responsible methods of consumption directed at an age-appropriate audience. The Namaste Café will proudly serve the "world's worst coffee" through a supply agreement to be agreed with Pigeon Coffee. Each store will offer interactive cannabis education opportunities through Namaste's online portals, hold in-store events and public seminars, Namaste's full line of premium vaporizers and cannabis accessories along with non-cannabis H.E.A.L products will also be available for purchase in-store.
The location of the flagship store will be announced within the next 60 days, with the first store projected to open early next year. Namaste plans to open up to 20 franchise locations across Canada by the end of 2019, along with three overseas locations, including one in the UK, subject in each case to local laws.
A Company Worth Watching
Although Namaste has significantly advanced its fundamental story, the shares have been under considerable pressure and have been trading lower with the market. The company is comprised of several wholly owned subsidiaries that significantly enhance the growth profile and we are favorable on this.
Namaste has a very attractive operating structure as these subsidiaries are able to complement and create value for each other. The company’s ability to integrate these subsidiaries is crucial to the success of Namaste and the management team has been very focused on this.
Namaste represents a very unique and differentiated opportunity. We think this is a company that investors need to be watching in 2019. To receive updates on Namaste, please email support@technical420.com
Authored by Anthony Varrell
Absolutely, it's just a matter of time.
That said, not Bitcoin. For ultimate privacy, a privacy coin like ZCASH (ZEC) or Horizen (ZEN). Transactions take only seconds and can be done from your phone. Ripple is also a great fit and easily transacted on a phone.
Unfortunately, general public is not comfortable paying this way yet but 2019 will see a dramatic push for "ease of use" for consumers and companies to transact business. That means simpler and easier to use interfaces.
Would love to see LP's and Cannmart accept crypto. Not only that, it avoids those hefty CC processing fees. 3% is 3%.
Note, 2.2 Million Square Feet is Enormous. However, this retrofit is being done in 3 stages. Stage 1 is complete by Q1 of 19 with 350K sq ft.
Here is the breakdown.
Phase 1 includes the retrofit of 350,000 square feet, including post-production facilities, completion scheduled for Q1 2019;
Phase 2 includes an additional 1,450,000 square feet to be completed by Q4 2019; and the
final phase consisting of 400,000 square feet. Initial activities of the retrofit include site preparation for propagation operations including 250,000 square feet of flowering area, development of standard operation procedures and completion of security audit and development of overall plan, plus ordering of long lead time items and planning with plant genetic experts in preparation for the first crop.
At request of IIROC, AgraFlora has more info on the Namaste agreement.
AgraFlora Organics Provides Additional Information to Supply Agreement with Namaste Technologies VANCOUVER, Dec. 13, 2018 /CNW/ -
At the request of IIROC, AgraFlora Organics International Inc. (formerly PUF Ventures Inc.) ("AgraFlora Organics" or the "Company") (CSE: AGRA) (Frankfurt: PU31) (OTCPK: PUFXF), a growth oriented and diversified international cannabis company, is pleased to provide additional information to the news release earlier today announcing an agreement (the "Agreement") with Namaste Technologies Inc.'s ("Namaste") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) wholly-owned subsidiary, Cannmart Inc. ("Cannmart"), where Cannmart may purchase medical cannabis products from AgraFlora's Propagation Services Canada (PSC) greenhouse operations in Delta, BC, subject to approval of its cultivation and sales licenses by Health Canada. Subject to the terms of the Agreement,
Cannmart reserves the right of first refusal to purchase up to 10% of the total annual production from AgraFlora's large-scale Delta Greenhouse Complex, representing 25,000,000 grams, at a price of $4 per gram, or up to $100,000,000 per year with production costs estimated to be between 20-24 percent of total revenue. When the 2,200,000 sq. ft. Delta Greenhouse Complex is fully operational in 2021, it is projected to have an annual capacity of 250,000,000 grams of high quality cannabis.
For additional information regarding the Delta Greenhouse Complex and an interview with Master Grower Ruben Houweling please visit
Do People Not Know What's Coming?
We are within a few days of a major announcement.
Either further share reduction or assets moving into our shell.
OR BOTH
Either of which will move this substantially upwards and at min test the recent highs.
Sad to see price this low but am tapped out of funds today as this seems the easiest money to be made on the OTC right now.
Conservatively we should have a slew of updates coming for 1st of the year. Inconceivable that people would sell now of all times. Of course I'm saying that with the voice from "The Princess Bride."
Unlike Andrew Left's usual hatchet job where he picks and chooses what he wants to slant an article. This research into Aphria is very compelling.
https://seekingalpha.com/article/4225889-investigating-aphria-gabriel-grego-hindenburg-research
Aphria board needs to respond in a serous way. Don't envision this will effect Namaste; however, it could affect some of the larger LP's who have some global expansion into underdeveloped countries.
Can anyone say Parabolic!
GLTA
Truly Brilliant!
Agree, please remind him that it is the holidays and several of us would like to buy a G5 this year, so if he could hurry this along it would be much appreciated.
GRDO Long! GLTA
You are a true sleuth sir!
Kudos and hope you are right.
Nice action today.
What news are you expecting in the next couple of weeks?
GLTA
My 500,000 at $.0037 right before the bell wasn't a paint job.
Was me taking out the $.0037's as it's a bargain as are .0038's. Had bids sitting at $.0036 but didn't see that catching any action in the last few min.
As shared earlier this week. This will oscillate from low 3's to high 4's until we have news on repatriation and direction.
What impressed me the most was the volume and the rise in price as we neared the end of the session. That speaks VOLUMES! People want in and FOMO.
Agree. We are looking for repatriation of shares update first.
Update on new direction of GRDO will take at least a week if not longer. That seems very consistent with what George shared earlier this week. Even at George's light speed performance in getting us current, inking a deal takes some time and he isn't likely to share till it's done.
Added 1 Mil. Now at 12 Mil.
Hope we get news for spike but enough powder for 15Mil on a dip.
How could one not add knowing what is coming. AND how about that late day volume!!!
GRDO long. GLTA
Everyone Sharp talks to will bite on GRDO.
Regardless if they strike a deal...they are going to take a piece. It's just that tempting.
How could one refuse?
Valuation is off the charts silly low right now.
Excellent Post RedWagon! Simple, Accurate, Concise.
Glad it was stickied.
Large amount of longs here and believe most have invested as much as they feel comfortable...so price is likely going to oscillate between $.0033 and $.0048 until we learn more from our CEO.
Not expecting much in the way of updates for a few weeks; hence the oscillation.
That said. This should be a minimum of a penny in short order and silver would be most welcome to all. Only time will tell.
I'm at the max of my comfort zone: 11 Mill be nice to find out what other longs here are holding. I know a few are in the 70 Mill range.
GLTA
You are happier than most my friend.
The one thing that brings happiness to a person is not accumulation of wealth BUT...Giving.
Helping others, helping your fellow man. That brings happiness.
Wealth is meaningless without happiness...something you know. Moreover, giving anonymously gives even more happiness.
Here's a quick example. My wife's 4 year old grandson (Vince) was diagnosed on Valentines day with Stage 4 Cancer. His dad is the personal property manager for John Schnatter (Papa John of Papa John's Pizza).
Upon hearing the news, John had his jet fired up to take Vince to the best hospital in the country for treatment. Treatment encompassed easily 2-3 months of hospital stays with substantial radiation and chemo visits over the following 8 months.
They removed a tumor larger than a football that was inside this little child that had attached itself to his diaphragm, pancreas, heart and lungs. He lost a kidney and had over 40 spots on his lungs.
John insisted on paying for everything which I'm sure was well into 7 figures.
No publicity. And as I come to learn, John gives to many many childrens hospitals and a silly number of charities and never ever seeks publicity for it, in fact shy's away from much of his private donations.
Three weeks ago, Vince was in full remission.
Thank you John!
So let's all go out and make people happy.
My friend...They are simply chasing windmills.
While we are chasing silver!
GLTA
Wow! MM's not budging off $.0028 vs bid of .0024.
MM's never lose. Looks like someone knows something is coming.
IMHO.
Gold. That's Gold Jerry! Gold!
Nice summary article from Merida Capital Partners today on Cannabis from the recent election results.
When people wake up on November 7th, 2018, there will have been significant movement on the cannabis front due to tonight's election results.
We wanted to get you some hot takes and highlight things to watch as politics and elections are one of the biggest driving forces behind the march of cannabis legalization, which has a profound effect on both public and private companies and asset values.
There will be a lot of ink spilled on the election over the next week as people ramp up for MJ Biz so we will try and point out a few obvious and some non-obvious results to factor into your individual investment decisions.
Assuming Democrats have taken the House and Republicans strongly retain the Senate, there is one overriding theme for this election. The States Act or some descheduling has never been better positioned. We know the bill will finally make it out its committee conference(see number 2 below) and would seem to be one of the few areas President Trump can work with his new House of Reps in a bipartisan way in an area that he has already admitted he isn't ideologically disposed on. Trump hates losing and he will be looking for opportunities to co-opt Democrats and we could see him getting behind a bill that has strong bipartisan support, if it gets that far.
Here is a top 10 list of what we are paying attention to tomorrow and beyond:
1-Michigan is now our 10th adult-use state. With nearly 10MM people there, it was the biggest opportunity at he ballot box and it won with solid support. Factoring Utah(see below) and Missouri medical bills, nearly 20MM Americans wake up tomorrow with significantly more access to cannabis(medical or adult-use).
2-The Hemp Farming Bill seems like a sure thing-McConnell will push from the Senate and with a Democrat House, it seems like a hemp bill is almost a sure thing in short order since natural opponents(Republicans in the Heartland took a bit of a beating)
3-Pete Sessions, who was going to lose his Chairmanship with a Democratic House anyway lost pretty soundly to a cannabis proponent. As one of the biggest roadblocks to any federal cannabis laws, Sessions removal from Congress could get fence-sitting representatives to soften on cannabis descheduling or a move to throwing it to the States, as the States Act proposes. This was the single most important race in Congress for federal cannabis laws and voters certainly seemed to send a message here.
4-Governors Tom Wolf and Larry Hogan win in PA and MD respectively. Even though they are from different parties, each has pushed strong medical programs forward and been resolute in their support for medical cannabis. With Michigan now in the adult-use camp, expect these states to continue moving towards adult-use legalization, particularly since both governors won in a pretty big way. In PA, the fact that Republicans in the SE struggled or lost outright, seems to set up an adult-use law in 2019.
5-Tim Walz wins in Minnesota and has previously expressed his support for adult-use legalization. Minnesota has the same population as Colorado so adult-use would be significant there.
6-We think people may overreact to the Florida election and Desantis' victory in the gubernatorial race there. Florida has a strong medical program, and Desantis has been solid in his support of that. Gillum would likely been a more certain advocate of adult-use but we think Florida's rampant patient growth and continued limited licensing mitigates the disappointment in losing an opportunity for a Gillum-led push of adult-use forward. If you hold stocks with exposure there, this election shouldn't concern you.
7-Utah, which saw significant opposition for its medical bill from the Mormon Church, now has a medical framework, following Oklahoma as a surprising state to move forward with medical legalization. It's a great bellwether for the will of people and their representatives from deep red states to move forward with some federal reconciliation of cannabis laws.
8-Cuomo's easy victory in NY could give him the confidence to move ahead with adult-use in NY. We think its almost certain that NY moves forward before the next presidential election, particularly with a commission already in place working on such a bill because NY does not have a ballot measure law so this must be passed legislatively, which can often be quicker.
9-Dana Rohrbacher is in a dogfight-as one of the early Republicans to support cannabis law reform, it would be ironic if he lost in a year where cannabis won big in most states.
10-Mexico looks poised to try and push some type of adult-use legalization which would put further pressure on the U.S. to reconcile the State/federal legal dichotomy. Not US election news but it was released today and hey, its still something we are watching tomorrow.
One thing should be overwhelming clear-cannabis investors wake up tomorrow in much better shape than they were when they went to bed tonight.
Regards,