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Short report doesn't look any different then any other week, month or year....LOL.
Hornitoes ??
Since my shares ended up being free I thought I would be ok with getting snagged and waiting it out. As it turns out I am not ok with it. Go figure.
They fixed my sentence. Thank you someone.
Yes you are very right. I swear the price doesn't bother me as much as that sentence does. It's just that FV Pharma is a VERY important piece to the puzzle. So if anyone has a bigger voice I'm begging you please get them to fix it.
LOL... What time? what corner? I have a few friends to send your way. We all need to keep our sense of humor. At least you old timers are watching your green dwindle.(not a good thing). I have managed to average down some. But my red keeps getting redder. And maybe with your squirreling habits you'll get a few daffodils blooming in the spring Or perhaps a nice big strong oak tree.
Not to mention the fact it's a really simple stupid thing just a small detail. On Wheaton's homepage their big introduction to FV Pharma the sentence doesn't even make sense. And I'm not an English teacher in fact I hated English. It's one damn sentence and no one could check it before they posted it to the world. I emailed them over a week ago and no one has fixed it. I emailed two different email addresses. I don't know why it bugs me so much but it does.
1.20 is strike price cost of warrant is what ever trade price was. I guess i will agree to to disagree.
But I thought it was price paid for warrant plus 1.20
Ok clearly I don't comprehend this silly warrants game.
1.45 was the 52 week high paid for warrants. Making $2.12 usd the break even price point. For the entire month of January warrants traded above $0.50. $1.36 would be Break Even point giving us a price range between a 1.36 and 2.12 usd if every single warrant were to be executed.
And I must confess. I said I was putting my crack stock down. I bought more again yesterday. But until I start selling myself on the corner to buy more I don't see that as a problem.LOL
I think price needs to go significantly higher in order for the warrants to be executed.
Take a look at the price chart that the warrants have been trading at. And the link to the story that I posted a few days ago.
Don't you guys ever sleep? Lol. Not sure if it's just me but the link does not work.
Okay I am putting this crack stock down no more buying. And now I wait for this big egg I laid to hatch. I'm hoping that the warrants are what are driving the prices down. . When are the 45 days up for FV Pharma announcement.
Um.... What's with fv pharma price @ 1000.00
Also I am not good at projecting future exact number earnings per share I know how to read when they are posted however can anyone do the math and figure out what's earnings-per-share after taxes cost and all that happy stuff Maybe. I know projected by 2019 230,000,000 grams times $ 4.20.
Okay I realize I talk too much but... I did not realize cannabis Wheaton CEO is the same person who grew Canopy to the monster it is.
Smartest Way to Get In on the Green Rush
This revolutionary royalty pot stock expects an annual yield of 230,000 kilograms of dried cannabis from its partners.
Sean Williams
(TMFUltraLong)
Jan 17, 2018 at 8:21AM
The marijuana industry is growing at an exceptional pace, and investors have had no choice but to take notice. Investment firm Cowen & Co. forecast in 2016 that the U.S. marijuana industry could be worth as much as $50 billion by 2026, while ArcView, a leading cannabis research company, has projected a 26% annual growth rate in North America through 2021. If ArcView is correct, the North American legal-weed industry could be generating almost $22 billion in sales within a few years.
But investing in marijuana is rife with challenges.
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IMAGE SOURCE: GETTY IMAGES.
Caveat emptor when investing in pot stocks
To state the obvious, cannabis is wholly illegal at the federal level in the U.S., with the substance classified as Schedule I. This classification means that marijuana has no recognized medical benefits, and it has a high potential for abuse. Weed's scheduling creates all sorts of red tape that medical researchers have to contend with to run studies, and it makes life quite difficult for pot businesses. Marijuana companies are often unable to access basic banking services, and they have virtually no way of taking normal corporate income-tax deduction as a result of tax code 280E.
Making matters even worse for U.S. pot companies, Attorney General Jeff Sessions announced earlier this month that he'd be rescinding the Cole memo, a loose set of rules aimed at states that had legalized cannabis in some capacity. For example, states had to ensure that cannabis grown within a state stayed there. If states abided by the Cole memo, then the federal government more or less promised to keep a hands-off approach. Sessions' rescinding of this memo signals the possibility that state-level prosecutors will be able to go after marijuana businesses operating in "legal" states.
The deck is really stacked against success throughout much of the U.S. marijuana industry. But that's not the case in Canada.
Canada has had marijuana investors seeing green
In Canada, medical cannabis has been legal since 2001, and the medical-weed industry is being overseen by Health Canada, the equivalent of the Department of Health and Human Services in the United States. As recently as May 2017, Health Canada noted that the number of eligible medical patients was increasing at a rate of 10% per month, singlehandedly pushing some pot stocks into the black.
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IMAGE SOURCE: GETTY IMAGES.
The downside, though, is that most Canadian marijuana stocks have shot through the roof, and are potentially priced for perfection. A majority of cannabis stocks are still losing money on annual basis as a result of significant spending tied to capacity expansion. It's good news that Canada is on track to legalize recreational pot by this July, and that could open the door for up to $5 billion in additional annual sales once fully ramped up. But there are still risks for investors of most Canadian pot stocks.
However, there is a relatively new player in the Canadian cannabis industry that just might be the smartest way to take advantage of the green rush. Ladies and gentlemen, say hello to Cannabis Wheaton Income Corp.(NASDAQOTH:CBWTF).
Introducing the world's first publicly traded royalty marijuana stock
If Cannabis Wheaton Income has a somewhat familiar ring, it's because the company was named and modeled after precious-metal streaming company Wheaton Precious Metals (NYSE:WPM), which is headquartered in Canada.
The idea behind a cannabis streaming company is simple and genius. Pot-based companies looking to expand their growing capacity or some other aspect of their operations, but without the adequate financing to do so, approach Cannabis Wheaton Income for that capital. In exchange for funding, Cannabis Wheaton Income receives a royalty percentage of that business. Just like Wheaton Precious Metals with its silver- and gold-streaming deals, there are no recurring costs and no daily maintenance expenditures to worry about as a streaming company. It's merely about making deals and reaping high-margin returns by selling what you receive from the stream at current market prices.
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IMAGE SOURCE: GETTY IMAGES.
According to the company, it has an internal rate of return of more than 60% on its deals. It's able to achieve that through an estimated cost of goods sold per gram of $2.50 Canadian, or about $2.01 in U.S. dollars. Comparatively, the average selling price per gram of cannabis in Canada is CA$7.75 Canadian ($6.22). That works out to an EBITDA (earnings before interest, taxes, depreciation, and amortization) per gram sold of CA$5.25 ($4.21 U.S.).
Another major advantage of the streaming model is that it allows for both industry-based and geographic diversity. The company currently has 15 streaming partners and anticipates receiving about 230,000 kilograms of annual dried cannabis production as a result. That's more than any of the rapidly expanding Canadian marijuana stocks that are expected to dominate the industry. Plus, with multiple provinces represented in its streaming portfolio, it's able to minimize licensing and production-delay risks.
In an industry mired by question marks, Cannabis Wheaton Income might just be the smartest buy.
But can't argue with profits that were made on price Spikes.
The price that was paid for cannimed is what gave pot stocks a bad name.
I had actually bought other pot stocks prior to this but was directed here by a Motley Fool article saying it was the biggest missed POT stock. It will catch on until then accumulate.
Shhh..........Let's keep it a secret until they post their first earnings after legal sales in Canada.
I have many pot stocks in my watch list that I own and do not own and they all tanked today. Just the market and a day to take advantage as long as you have free cash which I am now out of and it all went here. No worries just need patience.
My average is higher and I am happy to be here. This is not a fly-by-night investment. Patience grasshopper.
this stock is so sexy I think I'm in love. I took full advantage of it today and the price I more more than doubled down.The more I read about this company and what they own. Oh I am flustered.
The market cap and outstanding shares information on ihub is different from what TD has listed.Td has 351.2 I believe that's what TD had listed when I first bought the stock I'm just not sure though. I jumped in several Canadian pot stocks in last week's fire sale and then try to sort it all out later.
This explains the warrants
https://www.savestacks.com/recent-buy-canna-wheaton-warrants-cbw-wt/
And I'm taking note that today's outstanding shares are 174.4 million.
But then again I'm not exactly sure how it works whether they pay on top of the price they paid for the warrant. If anyone knows how it works it would be helpful to know.
Hi sorry to bug you. you are a moderator I think right? Is there anyway you can put my post that was a reply in reference to warrants in a stand-alone post versus in a reply to his question I didn't know those facts either until I look them up . I found it to be helpful information. thanks if you can
Those warrants are publicly traded under cbw.tx. on txsv. Given the price that they are trading for I'm not sure that it would make sense for those to be executed. Shares can be bought cheaper rate from OTC. they may just expire. Original expiration was June of 2019. But date has been accelerated for expiration. However if they were executed it would dilute the shares of cbwft by an extra 38.7 million shares. I read somewhere that some have been executed but not many. Not an expert that's just what I read not sure if it's a good thing or bad thing if they were to be executed it would put 38 million or so into cannabis Wheaton's pocket. And I kind of like what they have done so far with what's been in their pocket.
Lucky sucker im in 50s trying to get out before 60.
Thanks John I've completed a lot of my D&D and I am so excited about the stocks that I have. I have it mostly straight now. Wheaton is definitely one of my favorites. Plan on quietly accumulating until it smacks everyone in the face after July. Probably won't sell then this is a keeper.
Where's the love people this company is primed ready to take off when cannabis goes legal
Where's the love people?
Oh I like this this. This is a lot of fun.