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You should get it and share it with us all.
Can you please provide the link for that PRMANIAC.
USMJ shipping by USPS! This means shipping prices should drop.
https://ih.advfn.com/p.php?pid=nmona&article=80139181
I think the posts on these boards are the one they are talking about. They did say reverse split rumors on the message forums. So isnt that fabrication against the law?
Yep! Since its home base is in Texas, and one of the farms it wanted is in Texas makes good juju. I mean didnt they buy 400 acres of cultivation in Texas for this reason. So now production and sales are legalized in their home state, no more importing, no more out sourcing. Just plain good growth.
Its not illegal anymore. Means the farm can produce and distribute.
And Q the 51%
Today is a good day.
https://www.texastribune.org/2019/04/23/texas-house-approval-industrial-hemp-hb-1325/
The Texas House gave broad preliminary approval Tuesday to a bill that would allow farmers in the state to legally grow industrial hemp — a move lauded as a win for the state’s farmers.
This is news worthy.
USMJ is not listed in that index. I looked because I was confused myself, other than that I can not say. We need to remember people use like brand names to either knock out the competition or to ride on the competition coat tails.
As much as I would like to say it is our USMJ it is really a ETF Index. Here is the list of everyone on the index.
1. CURALEAF HOLDINGS INC 5.57%
2. GREEN THUMB
INDUSTRIES INC / CA
5.39%
3. CRESCO LABS INC 5.26%
4. CANOPY GROWTH CORP 4.98%
5. HARVEST HEALTH &
RECREATION INC
4.83%
6. CHARLOTTES WEB
HOLDINGS INC
4.57%
7. ACREAGE HOLDINGS INC 4.45%
8. TRULIEVE CANNABIS CORP 3.55%
9. MEDMEN ENTERPRISES INC 3.18%
10. TERRASCEND CORP 2.08%
OMG their site is down.....
Did you check for any type of outage?
https://www.usatoday.com/story/tech/talkingtech/2019/03/13/facebook-instagram-go-down-across-united-states-apparent-outage/3151883002/
Having trouble accessing Facebook or Instagram on Wednesday? You weren't alone.
The massively popular social network started having problems at around noon Eastern time, with issues popping up across Facebook proper, Facebook Messenger and Instagram around the world. The service outage is one of the longest Facebook has ever experienced
Depends on where the CBD comes from. If it comes from Marijuana then it is still illegal. if it comes from HEMP then it is clear and full legal across the federal US. Hemp and all products derived from hemp are legal at the federal level as long as they contain .03 or less of THC. This was signed into law from the 2018 FARM ACT
Makes cent$ to me. Buy a million for 300 sell for 500 to turn a quick buck I would do it as well.
If we compare last year to this year down to the wire.
This Year
Total current liabilities 499,118
Revenue:
Sales $ 218,500
Cost of sales (92,100)
Gross Profit 126,400
LAST YEAR
Total current liabilities 669,118
Revenue:
Sales $ 212,000
Cost of sales (97,200)
Gross Profit 114,800
You decide.
125 dumped?
What if someone saw the split ration and bought that many? So it would cost them 37500 to buy that many shares, if this model grows like pura did then two years from now it would be sitting at .10 per share with a 50 to 1 spin off that gives them 2,500,000 multiple by lets say .10 would give them $300,000 in cash. It would have USMJ hold my cash for a month to let that happen, even if I lost half and it went down to .0001 I would still make more money. If the Spinoff never made it past .0004 I would still make about 12k in profit.
So if they bought back all of their stocks all 20 Billion, they would need only 8 million to cover. They can do that.
So currently nobody is really selling any shares they are just buying it up.
We are still here. We read the same stuff every day. Why post when nothing has changed. I have always said its a long haul. Anybody whp thinks they should make millions or even thousands over night from this is just causing it to slow.
Medical Cannabis Research Act of 2018.
It forces the Gov to provide licenses for growers who grow for only Med research. Also it was only for the judicial committee. Meaning they think it is OK to move forward.We still need congress to approve it. It really has no effect on USMJ. USMJ is recreational, this is only for medical research.
Here is the link
https://www.forbes.com/sites/tomangell/2018/09/13/marijuana-bill-approved-by-congressional-committee-despite-drug-conviction-restriction-dispute/#11c848883482
Read it be informed.
Friday is the real launch of the site and the landing page will be brought down at that time. Password will not be required.
I dont work for anybody related to stocks. My post is what I found out here in the wild. A liquor store that just so happen to have it. I wanted to share the info to re assure everyone on this board that the company is a factual company. They may be having a little trouble getting started but I believe it will go somewhere.
Um where?
Although its positive news. Source or its not true.
Link it please
So what your saying is that 20B got bought out and they needed to supply us with more opportunity?
Make sure you look at this. CBD is also found in industrial.
https://www.projectcbd.org/about/cannabis-facts/sourcing-cbd-marijuana-industrial-hemp-vagaries-federal-law
A wide-ranging agricultural bill that includes a provision to legalize hemp made its way through a crucial Senate committee on Wednesday (Today), passing 20-1.
A full Senate vote on the bill would take place before July 4.
Go US MJ!!!
Today, they are voting on the legalization of Hemp which USMJ uses to create CBD oils. It will be removed from schedule 1 and assigned as an agricultural product. This does not include plant that has a high THC. People are most likely waiting for that.
Im not sure its toxic.
Total liabilities: 2,640,648
NORTH AMERICAN CANNABIS HOLDINGS, INC.
STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED 03/31/2018
Revenue:
Sales $ 222,600
Cost of sales (98,775)
Gross Profit 127,225
Operating Expenses:
General and administrative expenses (120,500)
Total operating expenses (120,500)
Loss from operations 6,725
Net Profit $ 6,725
Thats after all their debt is paid as per terms
Here is last quarter Notice it is slowly increasing
NORTH AMERICAN CANNABIS HOLDINGS, INC.
STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED 12/31/2017
Revenue:
Sales $ 216,075
Cost of sales (96,600)
Gross Profit 119,475
Operating Expenses:
General and administrative expenses (122,500)
Total operating expenses (122,500)
Loss from operations (3,025)
Net Loss $ (3,025)
With the increase in the share, USMJ is paying bills. Moving forward and gaining ground. This Pig will bring bacon.
QQ -- PRMAnic
The good about Bloated Pigs!!
They make great bacon and porkchops.
Go USMJ
Alright buyers 15 minutes before final run. Close it at 6
Yep seems like they are forcing it to be low so that they can secretly invest and make their money
Do they have CBD infused?
Stallion,
If your looking to make a quick buck then you should go. If your looking for a return in the long run. Then stay. This is only my opinion. Do not let any of us influence your decisions on this company. If you listen to me 10 years from now youll have a few hundred thousand. If you listen to Others there will be a reverse split and you will have nothing. To be honest, read the OTC reports. Understand how this product is playing in the real world right now. Look at past laws, new laws and any old news that you can get your hand on.
Now here is my opinion.
Buy and hold. Forget about it until you see it in the news. Then decide what you want to hold or sell.
Again if your looking to turn a quick buck this is not the place. There are other stocks that move a x% up daily. this is pretty flat. It is meant for slow growth.
Way to go USMJ! So it looks like they gave a lot of detail in this one. They also reported loss, and amount of notes being held. Most of that if it was there I do not recall. But it means that they are trying hard to move forward. This could be moving forward to sell, or it could be to pull out of the red. Doesnt matter its movement.
If they sell it as long as Rash doesn't own the company it will profit. Mostly because the toxic notes will be paid off. Instead of paying off the notes with the profit they make they can reinvest.
Has Rash made bad choices yes, did those bad choices carry into USMJ yes. Does it mean USMJ is a bad stock. NO. It can profit as long as it can clear the hurdle created by all of the former owners.
This is just my opinion.
The 1/4 report is supposed to be out this week. I bet its being delayed so the new company can sign the deal.
I know where PR is getting his information, but he is leaving out the other stuff that comes with it.
From within the statement itself:
Series D Preferred Stock
On September 18, 2013, the Company filed a certificate of designation of Series
D Preferred Stock and the Company issued 100,000 shares of Series D preferred
stock to the former shareholders of Algae (See Note 1). Pursuant to the certificate
of designation:
• 100,000 shares were designated as Series D Preferred Stock.
• Holders of the Series D Preferred Stock will be entitled to receive $1.00 per
share of Series D Preferred Stock, prior to any distribution to holders of
common stock, in the event of any liquidation, dissolution or winding up of
the Company.
• Holders of Series D Preferred Stock will be entitled to receive dividends in
the amount of 51% of net income, payable quarterly.
• Holders of Series D Preferred Stock will own 51% of the voting power of
the shareholders of the Company.
The Company may not redeem shares of Series D Preferred Stock without the
written consent of the holders thereof.
On June 05, 2017, ownership of these shares were transferred to ACI
Conglomerated, LLC.
We can find that here
https://backend.otcmarkets.com/otcapi/company/financial-report/188127/content
Basically the 51% goes to ACI which we all knew. Thats what parent companies do. At the most each quarter ACI will get $100,000. Now if we continue to trade at 3/4/5 then they will get the most profit and there will be only a few thousand left for USMJ to profit from themselves. When the shares reached 7/8/9 people got excited and sold driving it back down. Now USMJ did not make a large profit due to this. Mostly because like us ACI is greedy and want quick money.
My suggestion even though we dont make anything now we need to buy at the higher price to drive it up so it can survive until laws change. Then we will be good.
This is just my opinion.
Lets look at this for a minute. We have an internal political conflict going on which leaves the entire industry in limbo. Is it allowed by law? In some states yes, in others no. Federal allows importing, but not across state lines. They own a pharma patent on it, but will not provide it medically. DOJ and DEA say no, but the 17 Bills in Congress say yes.
To that end, the current winners are the companies that have establishments in states where the industry is allowed by state law. They can make the money, but can not operate across lines. Then we got the current losers. They were focused on building the infrastructure for distribution, technologies for extraction. Its not only USMJ but others as well. We are their profit margin until a winner has been declared in the political fight. If we buy at 3 to sell at 4, rinse and repeat then USMJ and the other companies will fail. They will get bought out and a RS will happen. But even if that happens it does not mean that we will be at a loss.
Me I am here for the long run. USMJ can be sold multiple times to new companies. If I end up losing what I put in oh well so what thats the name of this game. My life doesn't depend on its success or failure.
This is my opinion.
Good luck USMJ!!!
Something is going on since nobody is saying much. Thats OK. I still plan on staying with USMJ sink or swim. Even if they do a RS and I end up with only a few hundred, it will still go somewhere eventually or it will go out like betamax vs vhs. But all in all said I am the investor and I dont have to listen to warnings about how bad their PR is or how Manic their CEO acts. But if I cant find the information, and nobody else can, maybe its just a scare tactic. Simple Pump and Dump.