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Agreed that the lower revenue is already baked in to the PPS. Remember, the industry tanked because of lower forecasted profits. We lost revenue, but we’ve already dropped from the 6’s to the 1’s. I don’t think it can go much lower considering the pipeline potential. We lost revenue but not nearly enough to drop us from 6 to 1. Forward looking growth investors will pour in like rain after favorable FDA regs.
Only 2300 stores are in the FDM channel. --Just wait until FDA clarity, and this number will come close to matching the total stores number. CVSI is quite simply the best positioned to capitalize on this industry. Regulatory clarity will benefit firms that are GMP and FDA compliant, and CVSI leads the way in this regard. When you invest here, you are investing in tomorrow's revenues --not today's. It's not fair to trash-talk CVSI revenues when the entire industry is being crushed by one 3 letter acronym organization, which without this organization's regulatory clarity is creating a massive wild west of fraudulent brands, which are hurting revenues for all CBD companies. Just remember, the long-term investor is able to sell at a massive tax discount, so when the smoke clears and when we have our big revenue jump in the future, the multiplication of the PPS will come, and the longs will be the ones that benefit the most from it. Today = big competition due to no regulations. Tomorrow = less competition due to strong regulations and much higher barriers to entry. --CVSI is way ahead of everyone else regulation-wise, and recently, our PPS dropped a lot more than our revenues did.. I think we already bottomed out since the loss was expected, and it wasn't as bad of a loss as many thought. Over $12 million revenue despite FDA and GW Pharma fear-mongering is still impressive. Estimates of around $55 million for the year is still growth despite the addition of 1000 brands of CBD. The big revenues haven't started yet simply because our ingestibles are not on most shelves until after FDA clarity. I've been stressing how important that FDA clarity is for a long time now, and I think that some of you are beginning to realize just how important it is for the future of this entire industry. Shills can come to these forums and try to tout other reasons for the loss, but the smart money knows that the FDA is the most important catalyst that will unleash this future multi-billion dollar industry.
$1.00 is not as far away as we think. The market cap will still be pretty low when that happens.
Nice. You’ve already won by investing here. Just sit tight, and grab some popcorn. It’s going to be a ride!
Flowhub’s big investor, Kraft-Heinz, must have liked Leafbuyer. Why else is Leafbuyer’s software integrated into Flowhub’s. So, we’ve got Kraft-Heinz pushing for expansion of Flowhub, and Leafbuyer is going along for the ride. See value yet?
Woot woot!
"Cannabis retail management software vendor Flowhub successfully raised $23 million in the Series A funding round. Flowhub is a retail management platform for marijuana dispensaries.
The Series A funding round was led by e.ventures, Evolve Ventures, who is supported by Kraft Heinz, and Poseidon. Other notable investors in the company include 9Yards Capital, former NBA commissioner David Stern, and co-founder and former chief executive officer of Venmo Iqram Magdon-Ismail.
In a press release by Flowhub, founder and chief executive officer Kyle Sherman said “what we are experiencing right now is an end to cannabis prohibition and Flowhub is one of the front lines of this movement. Every legal transaction completed with the Flowhub retail platform is a positive step forward, and we are committed to helping our customers build thriving cannabis businesses. With this investment, we will continue to automate the cannabis supply chain, retail and reporting processes and bring to market technology solutions that are not only shaping the cannabis retail business, but also driving forward the future of legalization and de-stigmatization.”
Flowhub’s Innovative Products
The company’s wide range of offerings currently includes online-ordering features, in-store purchases, integrated features in partnership with LeafBuyer and Leafly, and an updated software which highlights its mobile inventory system. The Cashier App has also been enhanced to work with other devices such as an iPad and other similar tablets and gadgets.
Dispensaries will also reportedly gain access to easier and more hassle-free customer identification methods by using handheld devices programmed with Flowhub software.
Its integration with LeafBuyer, Leafly, as well as Dutchie, “allows cannabis businesses to stay on top of crushing compliance mandates and to create the ideal cannabis tool stack that best serves their business needs.”
In an exclusive interview with Crunchbase News, Sherman revealed that their location in Denver, Colorado is key for achieving success in the field, saying “Colorado is ground zero for regulated cannabis – both medically and legally.” Sherman states that innovations from Colorado help pave way for legalizations within other states to push through.
In total, the amount raised by the company comes to $27 million. Based on its press release, the company intends to use its funding towards product innovation, adding more members to their team, and expanding its network of clients."
https://plantsbeforepills.com/flowhub-raises-23-million-in-series-a-funding/
We crossed above our 50 MA for the first time since the big over-sell-off. We also headed above our high BBand. MACD reversed trend. We are now headed towards our 200 MA, and this is a great sign. Another great sign is that we finished near the day's high signaling that this thing wants to keep moving up. I think money will come flooding back here as soon as investors realize that this is a great company with a great future. Flowhub (just raised $23 million) and Leafbuyer (just raised $4 million) are going to do great things together.
https://www.businesswire.com/news/home/20190305005495/en/Leafbuyer-Technologies-Flowhub-Announce-Integration-Offer-Instantaneous
https://plantsbeforepills.com/flowhub-raises-23-million-in-series-a-funding/
Mona could be an ex-ax-murderer, but as long as the distribution deals keep coming, I could care less.
Kroger, Harris Teeter, CVS, Vitamin Shoppe, Sprouts etc don’t seem to give a damn about Mona history.
“It’s been a hectic year for the company. It recently opened its 150th Seventh Sense Botanical Therapy shop. It now has a presence in 35 states. And it plans to have 200 shops open across the country by the time the holiday shopping season begins.
At the moment, 20% of customers are making repeat purchases. And Green Growth’s customer database grew 59% in August.
Green Growth has the largest physical store presence in the U.S. for a cannabis company, so this will be an earnings release to watch.”
https://investmentu.com/aphria-earnings-set-cannabis-world-ablaze/
“The House overwhelmingly approved the SAFE Banking Act, a bill I’m leading in the Senate to address conflicting federal & state marijuana laws that prevent legitimate businesses from using basic financial services. I’m glad there is strong bipartisan support to solve this issue.” —Republican Senator Cory Gardner, CO.
Now, McConnell knows that Gardner’s seat is up for re-election, and he needs to please Colorado, or he will be a losing incumbent come Nov 2020. Also, McConnell needs to follow up on his promises to farmers to further legitimize hemp farming and CBD banking. The passage of the SAFE banking act helps both McConnell’s hemp agenda, and it secures a win for the Republican Senator incumbent in Colorado. Which way do you think this is gonna go?
Worth waiting for. Holding strong.
Schedule 1 is a “crime against humanity.” https://www.westword.com/marijuana/colorado-attorney-explains-the-roots-of-cbds-weird-fda-status-11509517
“In a related deal, Green Growth Brands (CSE:GGB,OTCQB:GGBXF) is partnering with Tilray to produce a line of CBD-infused products for active men and women under the Greg Norman brand, which is available in over 3,000 retail locations across the United States. “I played professional golf for 40 years, hitting more than five million golf balls that have caused significant wear and tear on my body,” said Greg Norman. “Having been through it all, on the golf course and in business, I am thrilled to partner with GGB Beauty to distribute Greg Norman® CBD products throughout the country.”
Green Growth Brands also has a partnership agreement with retailer Designer Brands (NYSE:DBI) (formerly DSW) to stock nearly 100 US stores with Seventh Sense Botanical Therapy branded CBD infused personal care products. “We have seen recent shifts in consumer behavior accelerate changes in the retail industry,” said Roger Rawlins, CEO of Designer Brands. “North America’s widespread adoption of the use of CBD products is one of the best examples of these shifts, and we could not be more excited about our partnership with Green Growth Brands and the introduction of their products to our customers.” Seventh Sense products are also being distributed by major retail brands including Abercrombie & Fitch (NYSE:ANF) in more than 160 stores across the United States.”
https://investingnews.com/innspired/cbd-products-topicals-creating-partnership-opportunities-in-retail/
“This month, Seventh Sense® will launch its first national media campaign, heavily focusing on digital and branded media partnerships. Activities will include editorial-focused media placements and unique out-of-home activations in key markets throughout the US.”
https://finance.yahoo.com/news/green-growth-brands-opens-150th-120000012.html
“Adam Arviv, co-founder of Green Growth Brands Inc. will join two executives from Florida-based Southern Glazer’s Wine & Spirits as BRN directors according to regulatory filings.”
https://www.thegrowthop.com/cannabis-news/sean-diddy-combs-may-be-entering-the-cannabis-market
“BRN Group will focus on cultivating brands and distributing those brands online and in-store —or serving consumers where they shop, as Simms put it. The company intends to work with existing brands, as well as developing in-house brands with the help of talent. Although Simms said that in the U.S., the BRN Group will work mostly with hemp and CBD topicals to start out, she pointed to Green Growth Brands' Seventh Sense, Lowell Herb Co., and Green Thumb Industries, which owns Beboe, as companies on the right track with branding and distribution. Simms said that through the company's distribution network it can touch hundreds of thousands of dispensaries and retails shops in the U.S. and Canada, including big box stores like CVS and Walgreens.”
https://cheddar.com/media/the-woman-behind-diddys-empire-launches-cannabis-branding-agency
Just a reminder that the cash amount on the 10K is not current. The company received $4,000,000+ net in cash from the offering which it’s now using to swap from expansion-mode to becoming-cash-flow-positive-mode-by-mid-2020.
The FDA is “special.” Vaping THC is not the problem, you fools. The addition of Vitamin E acetate and pesticides that convert into cyanide were found to be the problem so far. There’s a 0% chance that THC by itself is causing lung related illnesses. They must think we’re as stupid as our grandparents that believed in Reefer Madness.
FDA regulations allowing for the sale of CBD supplements will be the turning point for the cannabis industry. Almost all cannabis stocks are down significantly, and unfortunately LBUY is part of the bunch, but Canada's legalization 2.0 on October 17th, earnings in November, and FDA regulations that remove ambiguity could all serve as catalysts here. November earnings will include the cash that LBUY received from the offering, and investors want to see CASH. The low amount of cash on the 10K is driving investors away, but the ones it's driving away are the people that don't realize that the 10K ended in June and the cash was received in July, so November earnings is the earnings I want to see. I expect to see millions of cash money on the 10Q.
“We continue to see significant demand for Leafbuyer products in our home state of Colorado even as we increase our footprint to other states across the nation," said Rossner. "More large cannabis chains are choosing Leafbuyer now than ever before, and the average revenue per unit continues to rise."
http://m.digitaljournal.com/pr/4468814
Not surprised at all. Look at every cannabis stock. The good news is that the LT looks bright.
“We see considerable opportunities to expand distribution of PlusCBD™ Oil as consumers and retailer demand for our products continues to increase.” https://www.profitconfidential.com/stock/cvs-sciences-inc/cv-sciences-inc-little-known-pot-stock/
Just a matter of time buddy. Know what you have.
Is Leafbuyer Technologies The Hidden Gem Of Cannabis Retail?
As the cannabis industry continues to evolve, it remains one of the hottest investment sectors for a large number of institutions and individual investors with a decent risk appetite. However, the focus of most of these investors remains on larger companies like Canopy Growth and Aurora Cannabis, which are already trading at huge revenue multiples even after the recent correction.
In such a scenario, it is important for investors to identify companies with an excellent growth potential, a focus on innovation, strong customer loyalty, and a reasonable valuation. One example is Leafbuyer Technologies, a hidden gem with immense potential to generate fantastic returns within the cannabis space.
What Is Leafbuyer’s Business?
Leafbuyer terms itself as a marketing and technology solutions company catering to the legal cannabis industry. Based in Colorado, the company operates through its online portal, Leafbuyer.com, which is one of the most comprehensive online sources for cannabis deals. Its purpose is to act as a common platform to connect legal cannabis businesses and dispensaries with consumers and allowing these businesses to display their product variety and build a loyal consumer base. Its business model is very similar to that of Priceline or Yelp for legal cannabis products. The platform integrates with several dispensary point-of-sale systems to offer live, up-to-date menu information.
The Leafbuyer Total Network boasts millions of visitors from legal states across the country each month. It has one of the largest cannabis deals databases in the industry, which helps connect consumers with low prices on popular cannabis products. In fact, Leafbuyer is the official cannabis deals platform of Voice Media Group, Dope Magazine and other prominent digital and print publications. The Leafbuyer management is also successfully taking steps towards entering the big data game as they collect the data of millions of consumers visiting the platform every month, analyze it, and pass on the relevant insights to the cannabis companies to help them in better understanding their needs and mindset, develop new products, and create more accurate demand forecasts.
How Is The Management Looking To Grow?
Leafbuyer is currently a market leader within its niche segment in Oklahoma and has penetrated several U.S. states. The rapids expansion and demand for Leafbuyer products and services warranted the June 2019 opening of the company’s first satellite office, located in Los Angeles. In early July 2019, the company was in the news for raising $4.5 million through a private placement of common stock and warrants to two institutional investors. The management intends to use the net proceeds of $4.04 million for financing its working capital and eventually generating positive free cash flows. Unlike other cannabis players that are burning heavy amounts of cash, Leafbuyer is near its break-even point. Management expects to achieve it by the end of the first half of 2020. This would be carried out through aggressive user acquisition as Leafbuyer aims to double its organic growth by the end of 2019 and reach a $4 million annualized revenue run rate through organic growth.
The core team is also looking at carrying out some relevant strategic acquisitions with strong synergies in the coming months, which could push the forecasted top line to as much as $8-10 million. The company’s short-term goal is to reach this turnover soon and uplift its listing to NASDAQ to enable them to go for a larger fundraise for further expansion and more tech-based acquisitions. Last year, Leafbuyer acquired Greenlight Technologies, a California-based application development company.The Greenlight mobile application allows consumers to place real-time orders and accrue loyalty rewards. Currently, Leafbuyer management is also in discussions to acquire Las Vegas-based trade show, CBD.io.
New Initiatives To Attract And Retain Customers
While there are other digital options for a consumer looking for information to buy cannabis products, Leafbuyer stands out because of its innovative offerings. The company offers a substantial loyalty platform to help dispensary clients retain existing customers, and blockchain technology enhances the transparency of this program Also, there is a big gap of customer loyalty between large retail chains and the small mom-and-pop stores and dispensaries. CEO Kurt Rossner believes that the use of blockchain technology helps bridge this gap and helps have stronger accountability while it is embedded into the point-of-sale system of the clients.
Rossner also announced the company’s intention to launch a new version of the mobile application, which integrates the Greenlight order ahead and delivery technology with the existing Leafbuyer app and blockchain wallet. This will help augment customer loyalty and improve retention.
Conclusion
Companies like Leafbuyer are among the frontrunners in the race to onboard and retain loyal cannabis purchasers who might eventually be able to use these platforms for direct purchases once the laws evolve. Leafbuyer is already growing its top line at a phenomenal rate (c.69% year-on-year revenue growth recorded in the previous quarter) and the management is also working hard toward new initiatives as well as highly pertinent acquisitions. With all these positive indicators, it is safe to say today that the company appears to have a bright future ahead.
https://smallcapsdaily.com/is-leafbuyer-technologies-the-hidden-gem-of-cannabis-retail/
Leafbuyer Technologies Is Moving Forward With Strong Growth Initiatives
Friday, October 4, 2019 8:00 AM
After the Greenlight Technologies acquisition, the company is working on blockchain-based loyalty solutions for customers and is also in talks for acquiring a trade show
DENVER, CO / ACCESSWIRE / October 4, 2019 / Leafbuyer Technologies, Inc. (OTCQB:LBUY) ("Leafbuyer") is a marketing and technology solutions company catering to the legal cannabis industry. Based in Colorado, the company operates through its online portal, Leafbuyer.com, which aims to connect legal cannabis businesses and dispensaries with consumers and allowing these businesses to display their product variety and build a loyal consumer base. The platform integrates with several dispensary point-of-sale systems to offer live, up-to-date menu information.
Full Article: https://smallcapsdaily.com/is-leafbuyer-technologies-the-hidden-gem-of-cannabis-retail/
Leafbuyer is currently a market leader within its niche segment in Oklahoma and has penetrated several U.S. states. The rapid expansion and demand for its products and services warranted the June 2019 opening of the company's first satellite office, located in Los Angeles. In early July 2019, the company was in the news for raising $4.5 million through a private placement of common stock and warrants to two institutional investors. The management intends to use the net proceeds of $4.04 million for financing its working capital and eventually generating positive free cash flows.
Their growth strategy focuses on aggressive user acquisition as they aim to double Leafbuyer's organic growth by the end of 2019. The core team is looking at carrying out some relevant strategic acquisitions with strong synergies in the coming months. It is worth noting that Leafbuyer acquired Greenlight Technologies, a California-based application development company. Currently, the management is in discussions to acquire Las Vegas-based trade show, CBD.io.
On the innovation front, the company has a substantial loyalty platform to help dispensary clients retain existing customers, and blockchain technology enhances the transparency of this program. There is a big gap of customer loyalty between large retail chains and the small mom-and-pop stores and dispensaries. CEO Kurt Rossner believes that the use of blockchain technology helps bridge this gap and helps have stronger accountability while it is embedded into the point-of-sale system of the clients. Rossner also announced the company's intention to launch a new version of the mobile application, which integrates the Greenlight order ahead and delivery technology with the existing Leafbuyer app and blockchain wallet. The management believes that these initiatives will help augment customer loyalty and improve retention.
The Leafbuyer management is also taking steps towards entering the big data game. They are collecting the data of millions of consumers visiting the platform every month, analyzing it, and they intend on passing the relevant insights to the cannabis companies to help them in better understanding their needs and mindset, develop new products, and create more accurate demand forecasts.
For more details on Leafbuyer, please visit https://www.leafbuyer.com/
About Leafbuyer Technologies, Inc.
Leafbuyer.com is one of the most comprehensive online sources for cannabis deals and information. Leafbuyer works alongside businesses to showcase their unique products and build a network of loyal patrons. Leafbuyer's national network of cannabis deals and information reaches millions of consumers every month. Leafbuyer is the official cannabis deals platform of Dope Media, LA Weekly and Voice Media Group.
For article inquiries, contact
Small Caps Daily
Email: info@smallcapsdaily.com
For media inquiries, contact
Leafbuyer Technologies, Inc.
Andre Leonard
Senior Marketing Manager
Email: aleonard@leafbuyer.com
For investor inquiries, contact
TraDigital IR
MJ Clyburn, Chief Executive Officer
Phone : 917-327-6847
Email: clyburn@tradigitalir.com
SOURCE: Leafbuyer Technologies Inc.
https://www.accesswire.com/561983/Leafbuyer-Technologies-Is-Moving-Forward-With-Strong-Growth-Initiatives
See the institutional ownership here: https://money.cnn.com/quote/shareholders/shareholders.html?symb=LBUY&subView=institutional
“It is worth nothing that Leafbuyer acquired Greenlight Technologies, a California-based application development company.” —I think the author meant, “it’s worth noting.”
Company has millions in cash from offering. 10K ended in June. Company received $4,000,000 in July which won’t show until November 10Q. Unnecessary sell off for a company that will be cash flow positive soon after recent expansion. Holding tight through this short attack.
It's a wild guess with a touch of intuition. ;)
Once the big firms in the cannabis industry run out of discounted shares, investors will be looking for the next great deal. That's when LBUY will look like a shiny gem.
My guess is $22,222,222 for Q3
I just find it interesting that Chase started the Great Depression scare by telling the newspapers that banks were out of money. Now, Chase is starting a Cannabis fund to take advantage of today’s cannabis scare. It’s weird how Chase is always involved during a panic. It makes me wonder if they collaborated with the media and officials to create a panic so that they can buy up all the shares on discount like they did during the Great Depression.