Riding the wave.
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The revenue ramp up is just beginning and the stock price will follow. Nice returns ahead!!
i only wish i could have purchased more shares today!! I hate to miss out!!
Thanks for sharing this information. I think longs will be winners here ($$)... I think the demand for cannabis will be greater than most predictions. I think that many ppl will use MJ and cannabis extracts and Large iconic companies like Aphria will lead the way.
I did what any reasonable MJ investor would do today.... on this RED day... on the precipice of the world wide cannabis revolution... BOUGHT MORE SHARES!! Yes!
4.20 is coming up..... 420. There will be a lot of cannabis talk just as revenues are increasing. The slump in stock price is about to end as MJ sales increase. i expect demand will be greater than anticipated. future is bright.
MyHumbleOpinion
i was able to add another bunch of shares today below $8.00! awesome!!
MPX presentation available here:
https://event.on24.com/eventRegistration/EventLobbyServlet?target=registration.jsp&referrer=&eventid=1628164&sessionid=1&key=8943802018B04EBA1643CCCA44539C6E®Tag=&sourcepage=register
looking good!!
i am long MPXEF!!!
STOCK price. there is a lot of talk about dilution and decreased share price.
here is a rough calculation:
aurora claims to have 240,000 k-gram capacity by end of year. i'm not sure if that includes CMED production capacity.
average retail is about $6.50 USD per gram.
240,000,000 grams X $6.50 = $1,560,000,000 USD divided by number of shares.
someone mention the share count to be 540,000,000 now or soon.
that equals $2.88 us dollars per share - total expenses per share. i dont know what the cost will be but Cam has mentioned cost of 1 dollar canadian per gram (0.78 cents US). i dont know if this 78 cent estimate accounts for all cost for the business.
so....
$1,560,000,000 - 240,000,000 = $1,320,000,000 / 540,000,000 shares =
2.44 us dollars per share. assuming share price trades at historical 15X earnings then.... share price upwards of $36.67.
add in $$ for the excitement for this new industry and the hope and untapped potential etc...
i'm suggesting $40+ usd per share.
my math is rudimentary here so, please someone else share their expectation and share price potential.
i am long ACBFF!
the quiet before the money storm....
these are great days to be in the Green Revolution!!!
i was wondering tonight about the stock price for ACBFF in 1 year. WOW!
i have ACBFF at $40 per share by the end of 2019...
(number of grams X $$ per gram/# of shares)X 15 = 40 ish dollars per share.
a lot of factors to consider, but my estimate is conservative in my humble opinion..
long ACBFF!!!!
the quiet before the money storm....
these are great days to be in the Green Revolution!!!
i was wondering tonight about the stock price for ACBFF in 1 year. WOW!
i have ACBFF at $40 per share by the end of 2019...
(number of grams X $$ per gram/# of shares)X 15 = 40 ish dollars per share.
a lot of factors to consider, but my estimate is conservative in my humble opinion..
long ACBFF!!!!
Spring time will bring more good revenue news, increasing stock prices... i continue to add shares as i can every week or two. ACBFF
there is so much good news and revenue news coming this year! THIS is the REAL year as REAL revenues are REALLY rolling in and heading upward along with the stock price too!
there certainly is a lot of uncertainty in the cannabis sector. the masses want prohibition to end... for medical reasons.... for recreational reasons.... for fairness since black Americans are too often given criminalize sentences 6X the rate of white Americans for the same MJ related "crimes".
i'm holding long on my investment in Aurora. I never expected a smooth and easy ride.
adding shares as i can. long here.
AGREE!
not new and in the long term this delay is insignificant. and like someone else said earlier on this blog... the delay could be beneficial in getting crops grown and harvested for the upcoming recreational legalization.
I bought 250 shares again today.... at 8.10. I am long this sector and Aurora! :)
I bought today and i will buy more as i can this year. Aurora is a leader in the Green Revolution and i will not miss out on this once-in-a-lifetime opportunity. The beginning is now. Cannabis prohibition is ending around the world. Imagine looking back in 1 year or 2 or 5 years from investing THIS year or sooner. Wow!
agree Chicago-Paul. i am buying and buying and buying. the revenues are expected to ramp up quickly this year and beyond! the stock price will follow! my portfolio $$ will follow too!!
Agreed Steponit.... there is no "dead cat bounce" happening here with this soon to be billion dollar company! i'm snatching up as many shares as i can afford..... some on credit. :)
i agree 100%. this stock is a little less know winner that will pay off big time to those who find it early and invested. i am long MPX and i expect to get paid for sure!!
this company is growing and building.... they issue shares to get $$$ to grow. that is how it works. having a hard time with the number of shares outstanding??... then marijuana sector may not be for you. all these companies need $$$ to develop these NEW businesses.
I dont know of a low float, low share count mari- jane company. someone enlighten me please.
no way i'm going to miss out on this company! i'm expecting big returns on my investment. stock prices will increase as revenues start to climbing this year and beyond.
I only wish that i had more cash to buy shares today. i hate to miss an opportunity like this!!! The Green Revolution has not gone away and this USA stock market correction really should have not happened to this Canadian company that is doing NO business in the USA.
Nonetheless.... i'm in for the long haul. revenues will be ramping up all this year and next year too.... share prices will recover.
i am long and strong. the Green Revolution is not going away.
jandrew.... awesome post!!
the Green Revolution continues no matter what the stock market has done for this sector for the last several days. MPX continues to add revenues streams. they continue to move forward with their plan and i continue to hold on to my shares.
dont panic. ride this wave.
panic selling in the sector overall. i thought that this sector would be a bumpy ride and it has been true so far. i'm holding my shares as i think that 2018 and 2019 will prove to be lucrative. i'm no day trader so i'm holding this one long. the potential for this company has not changed and the green revolution is not going away. i'm holding though it is tough to see lots of red days in a row. i added Monday, Tuesday and today.
im down 57K today...so what! this market is a no brainer. Cannabis will win in the long term and i think that many estimates for this market are LOW.
i've done my D.D. and i bought more Monday, Tuesday and today. I always thought that this would be a wild ride and it has been so far. this year revenues from many MJ companies will start pouring in and then the stock will take off again. once revenues become consistent so will the stock price.
hank on for the ride!!
MPX is steadily moving forward. revenues will be $$$$$.
increasing revenues coming. long hold for me.
2018 is only the beginning for this company! adding shares as i can.
i'm happy to have had some cash on the sidelines during this down day. I ADDED to my position! 2018, 2019 and .... big and bigger revenues.
Cannabis will win over the next 2 + years. I am long GBLX and other companies too!
So much more happening this year for Aurora. Revenues are coming hard and fast AND at some point in the very near future the stock price will increase....hard and fast too. future revenues are built in to this price. fear is built in to this price.
once Canada is recreational ...BAM! once exports happening at an increasing rate/volume... BAM. the news of USA going legal ....BAM! the world is changing and I am adding to my Aurora position ... as hard and fast (and smart) as i can!
i am long and steady on Aurora. to me this is a "no brainer". i think most of the predictions on cannabis use are underestimated and therefore coming profits are underestimated.
MyHumbleOpinion!
Slow day .... gonna be a great 2018, 2019 and beyond. i say load up on this company while you can at these prices.... the Green Revolution is happening NOW and I am glad to be part of it as a shareholder!!
We are in this state too! Great news for MPXEF shareholders!
https://www.citylab.com/equity/2018/01/massachusetts-could-become-a-pot-sanctuary/551195/
On Friday, Massachusetts State Representatives Dave Rogers and Mike Connolly filed an unusual piece of legislation. Their bill, called the “Refusal of Compliance Act,” would prevent local and state authorities from handing over people who follow state cannabis laws to federal agents unless those agents have a warrant. (Massachusetts legalized recreational marijuana in 2016.) The legislation has the same skeleton as many “sanctuary” immigration policies, which eliminate much of the voluntary cooperation between local law enforcement and federal immigration agents.
Massachusetts is already a sanctuary state in immigration terms. Now, it appears to be expanding that definition to include marijuana.
“Massachusetts voters have gone to the polls and expressed their support for what I’d call a sensible drug policy and an end to marijuana prohibition,” said Connolly. “I can appreciate the parallel between this and more typical sanctuary-state-type stuff. I think the comparison is pretty clear, to the extent that we are a state government responding to the will of our own voters and people in our community.”
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When Massachusetts legalized marijuana, it included language that prohibited local law enforcement from assisting federal agents in prosecuting legal users of the drug. The new bill doubling down on that idea was prompted by U.S. Attorney General Jeff Sessions’ decision earlier this month to revoke the Cole Memo, an Obama-era policy that told the federal government to leave marijuana alone in states where it had been legalized.
Steve DeAngelo, a cannabis activist and founder of the marijuana dispensary Harborside Health Center in Oakland, California, told CityLab after the Cole Memo was rescinded that the best way for cities and states to protect their legal, licensed marijuana businesses was to effectively pass sanctuary policies. “If cities and states refuse to make their agencies available, it’s basically impossible for the feds to [prosecute],” DeAngelo said. Indeed, across America, local agencies and the Drug Enforcement Administration are closely intertwined—more so than similar task forces on immigration—as a legacy of the planning and execution of the War on Drugs.
But not all municipalities in Massachusetts voted to legalize marijuana, and after legalization passed, some of the dissenters opted to become “dry towns.” “Probably a lot of communities in there are looking at Sessions’ removal of the [Cole Memo] as a good opportunity to use federal laws to skirt around state legalization—especially in conservative rural communities,” said Rick Su, a professor at the University of Buffalo School of Law who focuses on immigration and local-government law. “It’s not surprising that Massachusetts is thinking about pre-empting local policies.”
There is another reason cities may be tempted to cooperate with the federal government. Sessions is a proponent of civil forfeiture, the practice of letting authorities keep the cash and property of someone suspected of being involved in a crime—even before charges are filed against him or her. The Obama administration had placed restrictions on the practice, which was especially popular during the War on Drugs during its peak in the 1980s, because of concern that police departments were funding themselves by seizing the cars, homes, and money of suspected drug dealers. In July, Sessions rolled back many of those restrictions; under the Department of Justice’s newly revived Equitable Sharing Program, 80 percent of the value of the assets seized goes back to the state or local police agencies.
Now, said Su, local communities who didn’t have a strong position on marijuana before may see a way to get money by cooperating with the federal government. “There’s a lot of cash there,” he said, “and for small communities thinking, ‘The mayor cut our budget; our police officers are worried about vehicles being old and need new gear,’ that looks really tempting.”
But Carol Rose, executive director of the Massachusetts branch of the American Civil Liberties Union, stressed that municipalities choosing to circumvent the state in such a manner would be violating existing Massachusetts law. “I think the law is clear,” she said, “but having this bill is a welcome move, because I think it sends a message—not only to the Trump administration and Department of Justice, but all the law enforcement in Massachusetts—that you follow the law of [the state] when it comes to drug laws. You don’t serve as agents for the Trump DOJ.”
Connolly said he can’t be sure what the towns who opted out of legalization will do, but he pointed out that they stand to gain from the potential tax revenue of legal, licensed dispensaries in the state. As a result, he said, “even those municipalities that may have decided to limit availability in the immediate future still have some interest in seeing the policy go forward.” Likewise, Su noted that localities in Massachusetts that chose to be dry may be “less likely to betray the state policy, because under state law they [already] have an option to not legalize.”
On the whole, Massachusetts has not been thrilled by the changing focus at DOJ. Governor Charlie Baker has said he hopes Andrew Lelling, the state’s attorney general, will focus on illegal street drugs—particularly the opioid fentanyl—instead of marijuana. Massachusetts Public Safety Secretary Daniel Bennett told the Boston Herald, “We have no intention of raiding a pot shop that is legal under state law.” Detective Lieutenant Michael McCarthy, a spokesperson for the Boston Police Department, echoed that sentiment, telling the Herald, “Similar to our position on immigration, the BPD will not actively enforce federal marijuana laws at the local level.”
There are a few key differences between immigration sanctuary policy and marijuana sanctuary policy. One of them has to do with the way that oversight over each issue has traditionally been delineated. “There has always been a debate in marijuana about whether the federal government has the power to regulate [it], especially if it doesn’t cross state lines,” said Su. “On the other hand, the Supreme Court has been very clear that immigration is a federal-government issue. When it comes to immigration, there is a sense that not only can the federal government regulate it, but states and localities should not at all. Whereas with marijuana, the court has not said that.”
Another difference, Su said, is how much the Trump administration actually cares about the respective issues. “My sense is that the politics behind marijuana are very different from immigration,” he said. “Within the Trump administration, [immigration] is their base, their bread and butter right now. With marijuana, other than Sessions’ moral crusade, it’s not getting a lot of support from the establishment or the president.”
Connolly, the representative who introduced the “sanctuary” bill, isn’t sure about the likelihood of its passing, and admitted that it was brought forward relatively late in the legislative calendar. He said the need for such legislation will be more urgent if local law enforcement starts to cooperate with federal pot crackdowns (there are no examples of that happening yet). But even if the bill doesn’t go through, he hopes it will be a clear sign to the federal government about the way his state feels about Sessions’ agenda. “My hope—and a lot of people’s hope,” he said, “is through these different statements, we’re sending a message that this change of policy isn’t welcome.”
“Through these different statements, we’re sending a message that this change of policy isn’t welcome.”
Massachusetts isn’t the only state to have considered marijuana sanctuary policies. In June, California passed a similar measure through its assembly before the bill ultimately stalled in the state senate. California Assemblyman Reggie Jones-Sawyer has recently decided to reintroduce the bill, prompted, like Connolly, by the DOJ’s recent actions.
So far, the Massachusetts bill is largely symbolic. There won’t be a pressing need for it until the federal government starts aggressively targeting marijuana, or until local municipalities start teaming up with federal agencies to thwart the state’s legalization policy—actions that are unlikely to happen, according to Su, given the Trump administration’s overall ambivalence on the issue. But even if a sanctuary bill about marijuana is little more than a statement, states may push for one, deciding that they want their opinions heard loud and clear. Su pointed out that attorney generals in each state are less likely to prosecute marijuana-related crimes if they think being punitive on pot will go over badly with the people.
Rose, of the ACLU, said that many states, such as Washington, Nevada, Oregon, and California, “made the decision that criminalizing marijuana is a smokescreen for prosecuting people of color at disparate rates, and undermines public safety.” (According to the ACLU, black Americans are 3.7 times more likely to be arrested for marijuana possession than whites, although both groups use the drug at roughly the same rate.)
“The fact that Jeff Sessions doesn’t like it is not adequate reasoning to step down,” Rose said. “I do think we’re going to see states standing up to reflect the will of the people.”
I added today on the dip... the news can hardly get any better for this company and this sector overall. We are riding the Green Wave.
CAN'T wait until more revenue streams come online this year.... gonna be a GREAT year!