And there is an interesting article on businesswire about Gencanna partnering with an oil extraction firm to address this year’s drying problem. Will try to post link

Let’s not kill the messenger. While a couple of posters- unvctrader, Giovanni - are not to be taken seriously, pasts by Sirius citing articles on Gencanna are substantive ( as was the most recent post with Gencanna response). I for one appreciate intelligent perspective from both sides.

Well, I’ve been up as high as 100k shares in the early days (.22) and 60K before it’s last run up to 5+. Lots of offloading on way up, so I’ve was up as much as $400K on mrmd. This collapse has cost me - on paper at least- 100K as I held almost 30 thousand shares ( and sold 30+ at its last peak). At this level, it’s my judgment that the ratio is favorable. And it’s been a real winner for me.

Upside/downside risk-reward has led me to take a 60k share position once again. GLTA

And perhaps this explains the problem:

https://finance.yahoo.com/news/3-profit-driven-marijuana-stocks-124600042.html

That would be 3, as in hundreds of millions of shares out. Nothing new there.
For posters not pre-occupied with reverse splits and other nonsense, any thoughts on reaction to earnings? It looks like it’s being treated as a 24% increase, which is pretty modest.

Are you talking about Kindrid or Fireman? Kindrid was never top dog in mrmd. If Fireman left, it would be big trouble, and he will retire. If you Thou K was some essential functionary at mrmd, you’re poorly informed.

Seems the income from seed sales is not impressing investors

I would say we gap up a lot; the convergence of technical and fundamental good news. May take a day, week or month, but I think it could be quite dramatic.

A long time ago, I suggested that a positive p/e was necessary for mrmd to have credibility. Unless this is bottom line manipulation, it looks like the moment has arrived. Surprised there’s not much reaction here. I think we might see quite a week/month b

Could it really be that they earned .02/share? Should support 2+ at the least, if so.

I would agree, bransteff, but it looks ( early days) as though it might be skipping right to consolidation.

What think you bransteff? I see strength into the close. Possible breakout over 2.10 with lots of small lots to clear.

Still buying

Buying

Again, is this bottom to be trusted, and again, I believe so. The down/up risk seems favorable

Wow! Nice find on the article, whatever happens.

Sorry, Kidrin

Quiet, but one has to wonder if Kindrid lurks above 2

I think I might. It’s either the departing director’s sales, in which case, a real opportunity, or bad news coming with next release, and that could be the end. I think downside 50%, upside 1-200%.

Is this bottom at 1.61-1.70 to be trusted?

It is a statement that while the stock has lost 2/3 of it's vale this year, half the recent postings are jokes. I suspect that’s due to a tiny investment and tinier adds. For the rest of us, it would behoove Fireman to make a statement. As in prior texts, I’ve noted the need to actually produce some p/e value- even a penny a share would help.

If Kidrin and shares are actually gone, and if he was selling these past three months, it could be a relatively quick recovery to 3.50.

Light volume but nice price action. No doubt some profit taking from its foray to sub 2.

I, too, added at 2.05 after reading that Kidrin May have influenced the declining price through offloading. Also liked the affirmation by Fireman. I do think a relatively speedy recovery to 3.5 is possible in the next month or two. I also believe an earnings report is due in a month?

Thank you, Invent 2. Good research

I guess my question was answered

Does the Kidrin matter seem of any significance? Mrmd’s descent has been an unfortunate matter and I can’t see a way up just yet, but this has happened in the past.

Oomph! As the kids say. I think
It will leak down to 2.6 at this rate

Uggh

Let’s see if this latest acquisition/partnership will do anything. Nothing so far, but at least Fireman appears to still be alive.

I think it will be cheaper without news

I think it’s slow desertion by shareholders disappointed in the earnings report. Fireman had made noises a couple of months ago concerning huge future revenues and there is simply no sign of such. I think people are bailing and I may join them. Another few months without some significant news will see this in the low 2s.

Sadly true

Wow, has it really been 4 days without a post?

Pretty uninspiring results. Isn’t Fireman addressing a conference as we speak? These used to create an up trend also. Perhaps the blush is simply off the rose.

I have no idea, but it’s continuing with heavier than average volume, so not pleasant to watch. Hoping for some earnings news soon, but is this a hint they may be unhelpful? Hope. Not.

Does a message board continue to make a sound if there is no one to hear it?

Legalization bill reintroduced by Booker et al, GOP Gov says he smoked in college. Nearly .....

Unfortunately, the WHO recommendations on delisting cannabis and cbd from Cat 4 ( our Sch 1) will not come immediately to a vote in the UN. When it does, it will be a terrific pressure. Japan, US, Russia and Germany asked for a delay, essentially for how to set up taxes and pharmacies presence.
Meanwhile, Fed Chief Powell called for clarification regarding banking rules and weed industry. We’re getting close