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According to this chart, if I'm reading it correctly, the short selling in this stock took a dive yesterday. Looks like most trading was positive. Not sure about todays action on 3/28/2018 but that should be posted tomorrow.
https://otcshortreport.com/company/CELZ
I know this is going to be a great stock to hold in my portfolio. Bought 900,000 this morning. This stock sure does have a lot of potential considering it deal with Erectile Dysfunction that affects so many men that it made Viagra one of the top revenue grossing pharmaceuticals. Men like myself are looking for a more sustained and less harmful method of maintaining vitality and sex drive that short of a miracle this looks to me to be valid treatment option. IMHO
Most on the cannabis index are up again today. Wish I knew why.
EnviroLeach sends congrats to AcousticZoominc. https://twitter.com/hashtag/Disruptmining?src=hash
@EnviroLeach
2h2 hours ago
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Congratulations to @AcousticZoomInc for winning #DisruptMining
I honestly don't know wtf that ? mark means, but I've seen it a few times appear on the last trade that was transacted mere seconds past the 16:00 hour mark. Makes me wonder if that trade went through or not. Maybe some market maker just couldn't hit the ENTER key on time. haha
I've only been on this web site since last October but what I've noticed especially in the past two days is when the DOW goes down especially like the last two days in a row, appears that some of that money flows into the Canadian market, especially cannabis. Of course I'm not certain of this but I have noticed. Or maybe it's just me.
I noticed that this morning too, about 20 or 30 trades all at the very same moment at 100 shares even.
I'm not sure if that is just the market makers trying to move things around or what. Anyway, it sure was a run upward from a lowish point of about $1.31 the other day. Great news for anybody who's still in MYMMF.
Canadian Senate set to vote on Canaibis measure on June 7, 2018
https://norml.org/news/2018/02/22/canada-timeline-for-start-of-retail-cannabis-sales-delayed
Canada: Timeline For Start Of Retail Cannabis Sales Delayed
Thursday, 22 February 2018
"Canada: Retail Cannabis Sales Delayed
Ottawa, Canada: Retailers will be unable to begin legally selling marijuana products to consumers until late summer or early fall, according to Canadian news reports. Lawmakers had initially sought to begin regulating the adult use marijuana market by July 1.
In November, members of the House of Commons voted 200 to 82 in favor of Bill C-45 (The Cannabis Act), which amends the federal Controlled Drugs and Substances Act so that those over the age of 18 may legally possess, purchase, and grow personal use quantities of cannabis. It also establishes rules and regulations governing the commercial production of retail cannabis products.
Members of the Senate are now set to vote on the measure on June 7. If passed, retail sales would be expected to begin within eight to twelve weeks."
It is frustrating to see any investment slide downhill. Today I've been monitoring the general index of marijuana related stocks separated by their Caps and here they've virtually all seems to be going down today.
http://marijuanaindex.com/marijuana-stock-universe/
I think MYMMF is listed on the 3rd or 4th page.
The volume of shares traded also is quite low at this moment 167,554. Trading range $1.89 - $1.92 according to the Level 2 looks.
When I see interest increasing specifically from investment insiders, family members and friends it's a sign to me that things are really going to being to heat up in MYMMF. This certainly is a confidence booster. Roughly 130 days until July 1st.
"Trudeau, Seeking to Avoid Pot Delay, Sends Ministers to Senate"
I watched the live hearing too. I sure didn't get the feeling that there is any real foot dragging and I think the conservatives are really not going to get in the way of the liberals. There was so much support in the House of Commons that I think the conservatives really don't want to get in the way. The vote in the House of Commons was the 200 to 82 vote. If anything there may be a delay only in the Senate from the July 1st date but not much more. As you say I feel they do want to get this right. Trudeau really is shooting for July 1st even if some few concerns have to be addressed first. Although the passage date of legalization is not set in stone, I feel approval in the Senate will be the final touch sometime this summer. So something in summer is a win and I feel this stock will soar and is also a "keeper" for the long term. imho
Here's an article about Trudeau's support: "Trudeau, Seeking to Avoid Pot Delay, Sends Ministers to Senate"
https://www.bloomberg.com/news/articles/2018-02-07/trudeau-seeking-to-avoid-pot-delay-sends-ministers-to-senate
"Legal pot on track for July: minister."
_____________________________________________________________
I'm thinking that even if this is delayed 8 to 12 weeks, MYMMF is still a great Canadian MJ stock to purchase because even a delay would definitely be a win compared to nothing at all. Here in the U.S. many States, including my State, Connecticut, only allows for medical marijuana consumption and only for specific conditions, unlike a very few others allowing recreational use. For the entirety of Canada to legalize recreational marijuana in addition to medical use, makes this Canadian stock with a low market cap, one great stock to blossom.
______________________________________________________________
https://www.ourwindsor.ca/news-story/8121263-legal-pot-on-track-for-july-minister/
"OTTAWA — The Trudeau government insists it's on track to legalize recreational pot in July — but whether that means it will actually be on sale by then is uncertain.
Health Minister Ginette Petitpas Taylor told senators Tuesday that provinces and territories have indicated once Bill C-45, the legislation setting up a legal cannabis regime, is given royal assent, they'll need another eight to 12 weeks to prepare for retail sales.
"Once we've reached royal assent, there's going to be a transition period because we have to ensure that provinces and territories have the capacity to get the product into their shops," she said later outside the Senate.
At the same time, Petitpas Taylor said: "We still feel very confident that we can meet our goal of July 2018. No one ever said July 1 or I never said July 1. But our goal of meeting July 2018 for me is still very much a realistic goal."
However, she did not clarify when asked whether she means the goal is to have royal assent by then or to have cannabis actually on sale by then.
If the latter, that would mean the Senate would have to pass the bill by no later than the end of May — which seems unlikely given the depth and breadth of concern among senators about C-45 that was apparent during a rare two-hour grilling of Petitpas Taylor and two other cabinet ministers in the Senate chamber Tuesday.
One senator, independent Liberal Jim Munson, attempted to get some clarity, asking if the ministers were saying the actual sale of marijuana will not occur until eight to 12 weeks after July 1.
Goodale's response only further muddied the water: "Our goal is this summer in an orderly fashion with all the pieces sequenced in the right order so that they are effective."
Conservative senators, in particular, are not keen on legalization but their Senate leader, Larry Smith, said Tuesday they won't be obstructionist.
"I promise you, however, that we will give a voice to those in the Canadian public who have significant and valid concerns about the policy choice your government is making," he said.
Smith argued that the government is proceeding too quickly and should not legalize marijuana before conducting an intensive public education campaign about the dangers of cannabis use on the developing brains of youths.
Denise Batters, another Conservative senator, questioned the government's argument that regulating cannabis will make it harder for young people to get access to it, pointing out that C-45 allows individuals to grow up to four plants in their homes.
Other senators raised concerns that legalization will encourage young people to smoke and increase the incidence of impaired driving.
But it wasn't just Conservative senators who raised concerns.
Sen. Serge Joyal, an independent Liberal, questioned the government's contention that legalization will push organized crime out of the marijuana marketing business. He pointed to a report that found almost half of 86 companies that have received Health Canada permits to grow marijuana are financed through offshore tax havens frequently used by organized crime to launder money.
Screening of such companies is insufficient to ensure "we're not doing through the back door what we are trying to eliminate from the front door," Joyal said.
Petitpas and Goodale — along with Justice Minister Jody Wilson-Raybould and Toronto Liberal MP Bill Blair, the government's point man on marijuana — repeatedly countered that most of the potential problems identified by senators already exist in Canada, where prohibition has led to cannabis use by young people that is the highest among developed countries and a market controlled entirely by criminals.
"Obviously, the current law has failed," Goodale said.
"I'm frankly not prepared to leave the health and safety of our children in the hands of criminals," added Blair, a former Toronto police chief.
By Joan Bryden, The Canadian Press"
The full implementation of legal cannabis could occur later than July 1, government officials told CBC News Tuesday.
While the Liberal government is still hoping its legislation will pass Parliament before July — even though it faces entrenched opposition from some Conservative senators — it recognizes it may take some provinces 8 to 12 weeks of further work after the law passes before consumers can purchase legal, recreational marijuana from storefronts.
Health Minister Ginette Petitpas Taylor, during an appearance before a committee of the whole inside the Senate Tuesday, said she has heard from lower levels of government that more time might be required.
"As a practical matter — they told us they need 8 to 12 weeks following royal assent for preparatory activities to occur, such as lawful movement of product from license producers to distribution and retail outlets.
"Before legislation comes into force and Canadians can legally buy cannabis, Health Canada continues to engage national and community partners to share information related to implementation and ensure all levels of government our prepared for the prospective coming into force of bill," she said.
___________
Until the bill receives royal assent, it will be illegal to transport cannabis. Thus, the federal government believes it will take weeks to formally establish a distribution system that will allow producers to transport their product to provincially-run stores, or, depending on the province, private retailers.
Employees will have to be hired, screened and trained on the sale of the drug, too, meaning retail operations cannot materialize overnight even if there is a change to the law of the land.
The legislation, as currently written, stipulates the legislation does not come into force until a date is fixed by an order of the governor in council (Prime Minister Justin Trudeau's cabinet).
Three Liberal cabinet ministers appeared before the Red Chamber Tuesday to defend their cannabis legislation. In an unusual move, senators allowed television cameras to capture the proceedings.
Justice Minister Jody Wilson-Raybould, Petitpas Taylor, Public Safety Minister Ralph Goodale and Bill Blair, the parliamentary secretary tasked with seeing the cannabis bill passed, fielded questions for two hours from some skeptical senators who worry the legislation will endanger youth, increase smoking rates, complicate the work of police officers, lead to a backlog of court cases for possession offences, and do little to curb the black market sale of the drug.
Legislation could face hurdles in the Senate
The legislation passed through the House of Commons, largely along partisan lines, but the Senate has proven to be a more tricky chamber to navigate with some Conservative senators signalling they will do all they can to stall the bill's passage.
Some provincial officials and law enforcement agencies have said they will not be ready for legal cannabis by July 1, and, thus, the Tories believe implementation should be delayed by at least year to allow the other levels of government to play catch-up.
Liberals seek new approach to Senate amid legislative roadblocks
Federal marijuana legislation clears House of Commons, headed for the Senate
'A paralysis in the system': Pot possession suspects face uncertain future
Defenders of the bill, including its sponsor in the Senate, Tony Dean, say the government does not have the luxury of time as illegal cannabis use will continue unabated — a $7-billion industry, according to government research, that funnels funds into the hands of organized crime — without the benefit of federal regulations.
The government maintains the prohibitionist approach has done little to stop young Canadians from using the drug, and does not protect the health and wellness of Canadians.
Independent Senate officials, speaking to CBC News on background, have said there is an openness to using time allocation, a procedural tool used to shut down debate and move to a vote, if Conservatives prevent the bill's passage in a timely manner.
http://www.cbc.ca/news/politics/minister-legal-cannabis-senate-committee-1.4522970
Full implementation of legal cannabis could be delayed beyond July 1. Liberal government's July 1 deadline for legal cannabis fast approaching
By John Paul Tasker, CBC News Posted: Feb 06, 2018 3:18 PM ET Last Updated: Feb 06, 2018 5:41 PM ET
CBC NEWS:
http://www.cbc.ca/news/politics/minister-legal-cannabis-senate-committee-1.4522970
Full implementation of legal cannabis could be delayed beyond July 1
Liberal government's July 1 deadline for legal cannabis fast approaching
By John Paul Tasker, CBC News Posted: Feb 06, 2018 3:18 PM ET Last Updated: Feb 06, 2018 5:41 PM ET
CBC NEWS
http://www.cbc.ca/news/politics/minister-legal-cannabis-senate-committee-1.4522970
Some OLD news, but I hope this is still on for this TUESDAY Feb 6, 2018 !
Senator Harder to introduce motion to consider C-45 on Feb 6, 2018
In a government notice of motion on Tuesday, the Government Representative in the Senate, Senator Peter Harder, gave notice that at the next sitting of the Senate he will move for a committee to consider Bill C-45
Harder’s motion is that on 3:30 pm (ET) on Tuesday, February 6, 2018, the Senate resolve itself into a committee of the whole to consider Bill C-45, the Cannabis Act, and to hear from: Jody Wilson-Raybould, Minister of Justice and Attorney General of Canada; Ginette Petitpas Taylor, Minister of Health; Ralph Goodale, Minister of Public Safety and Emergency Preparedness; and Bill Blair. Parliamentary Secretary to the Minister of Justice and Attorney General of Canada.
So I guess everybody will be watching or hearing this and we'll see on Wednesday what impact results, unless something has changed since this was published, but I don't honestly think so, imo.
reference: https://news.lift.co/senator-harder-introduce-motion-consider-c-45-feb-6-2018/
Noticed this little piece about the sell off which appears to be way oversold at the moment. If I had more liquidity/cash I'd be buying even more. Bounced back from thirty percent off to roughly 15-17%. Great opportunity for more long-term investors at these prices. Also for each share sold, there is a buyer.
http://business.financialpost.com/commodities/agriculture/marijuana-investors-get-a-healthy-dose-of-volatility-as-shares-plunge
MYMMF is by far the superior company and a long term hold. I was able to purchase more on the dip yesterday and this is only going to continue to move forward and upward as each day ticks off toward July 1st as everybody who is knowledgeable will start purchasing even more shares, imo.
Hikaru, thank you sire. hehe. Ahhh, what a good day it's been.
I gave myself a little birthday present yesterday and bought 8.5k @ 2.95 I'm in for the long term. Solid company.
I though Sessions was a green elf or some kind of inbred groundhog. Seems to slither around as a snake but smells like a skunk. He must have forgotten to fill his marijuana prescription. He'd change his attitude real quick if he had an ailment for which only marijuana would help. Well, maybe he does have an prescription but is too embarrassed to fill it. IMO only.
Yes stocks are making a comeback from early morning nothingness. MYMMF not going anywhere longterm but skyward.
I see that folks are finally getting the drift this hour that MYMMF is never going to be impeded no matter what happens to marijuana sales in the US and no significant influence from the private non-brokered financing. Good news !
MYMMF not involved in US sales at all. Anyway Jeff Sessions just ought to resign. He's trying to enforce moronic laws that no jury will convict. Prosecutors won't even waste their time of this.
The MYMMF deal of the private financing with no brokers involved is a good thing and really doesn't amount to anything of real significance. Canadian marijuana sales will proceed immediately in July 2018 and MYMMF is set up to fulfill the wishes of voters.
MYMMF back at $2.99 / $3.00. This should increased significantly. GO Mym Nutraceuticals ! One of the few mj stocks making a comeback at this hour.
Agree completely. MYMMF has nothing to do with what happens in the US. This small dip is probably due to the little bit of confusion about the private share purchases and the future of MYMMF appears secure to me IMHO. I bought $8.5k on this dip.
As far as any stock dealing in marijuana purely in the USA I don't think the little elf Sessions will amount to anything because the States that have legalized it want it, have citizen support for it through their votes and the States need that $$$ that mj gives them. That money fills the coffers and we all know they can't stop their spending habits. It's like a gift from heaven for the States. The pressure would be extremely high in those States to do any kind of reversal from Obama era policies . Besides it's all politics and these guys are probably smoking it themselves imho.
To sum it up, bought more MYMMF on this small dip. Go Mym Nutraceuticals (MYMMF)
I don't think the little elf Sessions will amount to anything because the States that have legalized it want it, have citizen support for it through their votes and the States need that $$$ that mj gives them. That money fills the coffers and we all know they can't stop their spending habits. It's like a gift from heaven for the States. The pressure would be extremely high in those States to do any kind of reversal from Obama era policies . Besides it's all politics and these guys are probably smoking it themselves imho.
US Attorney General to reverse some Obama policies on marijuana today according to a CNN news report I just saw on TV. This does NOT affect MYMMF thank god because they deal exclusively in Canadian/Australian cannabis. Go MYMMF
I started buying at 0.44 back in Oct 2017 because I think that's where insiders were exercising their purchases. I've held onto those until $2.17 but sold. Bought again but at $2.67 and sold at $3.17. So I missed that entire gap between $2.17 and $2.67 because I was out... dang! Today I see another opportunity and reevaluating my stance I think I should have just stayed in all along. I now see this company as a good hold. The marijuana industry is going nowhere but up. There is really no bubble on this stock because marijuana is not even recreationally legal yet in Canada until July. IMO I see nowhere long term but up.
Now I'd love to get in on that private purchase at about $2.34 but it isn't going to happen. As I reflect upon it now and have read more about the company I'm sure it's going to rise again. I just don't know upon market opening exactly what it'll do but within 10 minutes I can take a good guess.
Personally I believe in Mym Nutraceuticals and it's business both in Canada and Australia. I see what I feel is sound management and I like all the cannabis growth facilities being build. I know that just before July 2018 when recreational marijuana becomes available to all of Canada that this stock is going to fly quite high again. I think both the buzz here in the US at what's happening like Maine, Massachusetts and California as well as other states and the anticipation of the July legalization in Canada all taken together is going to continue the increase in price per share.
I actually like this short dip as it's another buy-in opportunity and one which I intend to act on tomorrow morning. ((Now aside from any due diligence on my part it's my birthday tomorrow so $8.5k is going back into MYMMF as my own birthday gift. I just need to decide the timing of my gift )).
Go MYMMF !!!
Hey, thanks Hikaru.
The offer to purchase @ $4.00 Canadian or $3.19/per share for the warrants only is just about where the stock price is now.
I'm sure they're going to get that $10m and the dilution rate is according to my calculations 1.16% which imo is a pretty conservative dilution. If $3.15us/per share is diluted by 1.16% that'd be equal to about a $0.16/ (US cents) per share or making the value about $2.99US/share or $3.00US/ share. I think that's pretty fair so personally I'll try to place a bid between $2.95/share and $3.10/share.
The news itself is really good news than because it will allow MYMMF to expand their operations without going through other costly means to acquire that $10million. I still wonder if that $10million US or $10million Canadian. Since it's a Canadian company it must be Canadian (my best guess). You guys can help fill me in on that question too.
I'm new to MYMMF but does this non-brokered private placement of up to 3,571,000 units at a price of CAD$2.80 per unit (probably $2.34US) in order to raise $10 Million (doesn't specify Canadian or US, so I'm guessing it's Canadian) such that each unit will consists of one common share and one transferable common share purchase warrant. (Each warrant will entitle the holder to acquire one additional common share for a period of 24 months following the closing of the private placement at a price of CAD$4.00 per warrant share).... does this actually dilute the shares a bit or not.
What do you all think this stock price will go tomorrow ?
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