Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
7s up, GO GRP$!
I put in four small bids today to round up my shares. Each time I hit the ask, and each time They filled it below the ask. I assume they were painted red. I was at work using my cell phone and couldn't check.
They were using buys to lower the price. It'll probably go back up as fast as it came down. I hope so anyway.
An informative article about CBD legalization. GRPS will be in a good position since it's hemp supply is already grown in a state with existing laws on a farm that's already licensed. Colorado already has regulations, states that do not will have to create them and get them approved by the federal government.
-----
CBD generally remains a Schedule I substance under federal law. The Farm Bill—and an unrelated, recent action by the Department of Justice—creates exceptions to this Schedule I status in certain situations. The Farm Bill ensures that any cannabinoid—a set of chemical compounds found in the cannabis plant—that is derived from hemp will be legal, if and only if that hemp is produced in a manner consistent with the Farm Bill, associated federal regulations, association state regulations, and by a licensed grower. All other cannabinoids, produced in any other setting, remain a Schedule I substance under federal law and are thus illegal.
https://www.brookings.edu/blog/fixgov/2018/12/14/the-farm-bill-hemp-and-cbd-explainer/
A picture is worth a million words. Even the difference between 2018 and 2019 is quite large. Thanks!
I was.able to buy a couple days ago after it went pink.Good luck either way.
Now that it is pink you can buy through Fidelity. You need to call them first to get them to give you access. They will read you a warning first about how the stocks are risk, low liquidity, and then they'll turn it on for you. It's immediate.
Another day, another 7%.
When I first read this yesterday I assumed it was a person but looking at it again I think it's a company.
This is the first mention that we are part of the new farm and processing acquisition. The last sister PR didn't say that. Looks like they secured $20M of it so far.
news ---
NEWMEDIAWIRE-- RushNet, Inc. (OTC Pink: RSHN), Apple Rush Company, Inc., and XYZ Hemp Inc. (OTC Pink: GRPS) jointly announce its successful testing of CBD enhanced blueberry flavored Apple Rush and beer.
Dr. Richard E Goulding, Chairman of the Board and Chief Medical Officer of both RushNet and XYZ Hemp Inc. (formerly Gold River Production Services, Inc.), stated, "The three companies continue its endeavored joint creation, production and marketing initiative. The initiative enhances beverages and other products with full-spectrum CBD, while maintaining the quality and taste unique to Apple Rush products and those of Florida Brewery Co. Inc. (manufacturer and distributor of domestically and internationally distributed beers), with pristine water. The successful CBD infusion was orchestrated, in principal part, by the sister facility in Palisade, Colorado, charging the beverages with full-spectrum CBD (not just CBD isolates). On the blind taste test, no one was able to tell which product was infused with the CBD and which was not. The study included the Apple Rush blueberry product as well as an assortment of beer products. The ultimate product enjoys the seamless infusion of full-spectrum CBD."
Dr. Goulding went on to remark, "Who says oil and water don't mix? We proved that they can."
Dr. Miller, CEO of XYZ Hemp added, "One key facet of the success is the proprietary nanotization process. By breaking down the molecular structure, we have been able to enhance the full-spectrum CBD and make it more efficient and less costly by reducing the amount of CBD by nearly 90% in order to attain the same effect. This enhanced efficacy is how we are able to maintain the taste of the product while facilitating the maximum amount of CBD efficacy."
The companies have identified retail outlets, including 700 dispensaries in California to purchase the initial product shipment.
Tony Torgerud, CEO of the Apple Rush Company, Inc. stated, "The beverage market is ready for this proprietary, seamlessly integrated full-spectrum CBD. We can now report having broken not just the cost and taste barriers, but issues of solubility and homogeneity." He continued, "We have now eliminated the final barriers to the CBD beverage industry. Our relationships allow great flexibility in launching new concepts and we will continue to work closely with them."
With its trade secrets, management of each company feels strongly that these issues, plaguing competitors, have been resolved. The relationship with Apple Rush enables RushNet to profit from the infusion of the CBD, but also provides enhanced opportunities for the marketing of XYZ Hemp's expanding number of products, through their existing retail resources.
Reporting on further progress, RushNet is excited to soon report the details of its past, and its recently reported acquisitions, each shared in partnership with XYZ Hemp Inc. (GRPS). We have now exchanged contract drafts covering approximately one third of the subject recently reported cannabis grow operations and retail outlet facilities with the combined revenues exceeding $62 million.
RushNet reports its recent securing several additional Trademarks, including Approval Notices on KO PUNCH Trademark (Serial No. 88101358), KO Trademark (Serial No. 88101335), AWATER Trademark (Serial No. 88068342), and expects to be able to report the securing of additional trademarks in the near future.
RushNet will soon report further progress on the successful implementation of its synergistic acquisition model, of not just the grow operations, but also processing, product integration. Additionally, its new joint venture regarding a patented and invaluable environmentally friendly disease control technology. Frank Deangelo, CEO, remarks, "Our ability to use this revolutionary technology, in accordance with the terms of our joint venture agreement to be announced in the near future, was key to attracting the various cannabis operations which we are in the process of acquiring."
RushNet will also continue to report on its progress in the Joint Ventures developing the Nano CBD Delivery System with Dr. Stuart Miller of XYZ Hemp Inc., and others.
RushNet will also soon report on its progress with GreatRateFreight, Inc., its recently acquired trucking logistics company and its business pursuits.
RushNet and XYZ Hemp will soon report the details of its engagement of a prominent DC lobbyist to secure substantial public grant money for two initiatives now being prosecuted by its newly acquired company, GreatRateFreight, Inc. The funding is from Homeland Security, Department of Transportation and FEMA.
RushNet, Inc. is an edibles and beverage based company with stand-alone products, including most enhanced with CBD. Currently, we have developed 12 Products that will take advantage of the organic grow, pristine mineral water enhancement and organic, nanotized CBD.
XYZ Hemp Inc. is a technology-based company with various products under development, including most enhanced with CBD. It will soon announce the engagement of a very prominent and extremely successful developer of nutraceuticals, joint venturing with Dr. Goulding in the creation of various compelling products to soon be launched.
RushNet and XYZ Hemp Inc. look forward to reporting further updates in the near future.
Another 100% by the 19th.
Another day, another 24%.
Hopefully if they are on schedule with the Defender (great name for the product) this will be a very interesting month for us.
Farm bill getting closer too. CBD. is getting more and more press, and that should continue over the next couple of years as people begin seeing cannabis farms popping up around them :)
We'll probably be seeing lots more of these buyouts in the next few years.
Just tried the cbd infused Blueberry Apple Rush. 20mg per bottle. Tastes great, on to phase 2. $APRU #doinitright pic.twitter.com/p5iV07FAzb
— Apple Rush Company (@RealAPRU_NEWS) December 6, 2018
WSRA owns 75% of the land, the 15 acre hemp farm, plus processing equipment, etc.
Level Brands +32% after picking up CBD brand
Level Brands (NYSEMKT:LEVB) soars after announced it will acquire Cure Based Development in a two-step merger. Cure Based Development is a manufacturer of nationally recognized consumer cannabidiol brand cbdMD.
LevelB picks up the CBD brand for a merger consideration of 15.525M shares, with an earnout potential of up to an additional 15.525M shares if net revenue targets aggregating $300M are met within 60 months of the closing date.
LEVB +32.12% premarket to $5.10.
What Would the 2018 Farm Bill Do for CBD Legality?
In 2018, the Senate introduced a new Farm Bill to update laws around the previous one. One important part of that bill, should it pass, is that it would legalize hemp on a federal level.
Hemp being federally legal would be huge for the CBD industry, as CBD oil made from hemp extract (a plant that has very low amounts of THC) would be legal.
https://www.thestreet.com/lifestyle/health/is-cbd-oil-legal-14802001
Breakdown of CBD legality by state. Once the bill passes it'll be legal in all states.
There are 7M trucking company jobs but not all are drivers.
https://www.sciencealert.com/self-driving-trucks-could-cost-as-many-as-7-million-jobs-in-the-us-alone
If their point is that RSHN and GRPS aren't experienced in trucking they're right. We're in the CBD business.
Some brokers charge each day it sells if the order is GTC and takes multiple days.
So GRPS is going to have a celebrity representing the product Defender, right, or are you posting about a company other than GRPS again?
Yep, everyone have a great weekend! I think the market closes in a few minutes.
Looking forward to it! Maybe at the same time we'll find out about distribution too.
Buys so far - 533,628 shares
Sells - 8 shares bid-wack to start the day off
Obviously still accumulating. :)
Yep - just clicked on it again and works OK here. Here's the same PR at a different site.
http://markets.financialcontent.com/stocks/news/read?GUID=36930218
They said there was another processor they can use in Steamboat Springs.
https://finance.yahoo.com/news/rushnet-inc-rshn-xyz-hemp-143202459.html
The bill will legalize CBD in all 50 states.
This answers one of my questions, does passage of the farm bill automatically legalize CBD in all 50 states.
https://markets.businessinsider.com/news/stocks/breaking-news-2018-farm-bill-about-to-pass-legalization-of-hemp-and-cbd-could-grow-consumer-market-to-22-billion-1027540278
The 2018 Farm Bill, if passed, includes the Hemp Farming Act of 2018, which will remove hemp as a designated as controlled substance, legalizing the crop under federal law, which will allow CBD to be legally sold in all 50 states.
Right now in Houston there are aren't that many places to by CBD, and half require a doctors note.
This really expands the market.
Looks like they were all bought at ask.
When the ask was 7M there was a 3.25M buy at ask, followed by 1.3M, 1.7M, and a .7M, plus a couple of small ones. People are buying.
The information regarding 12.5% ownership was also in our quarterly. I didn't get to read it until late last night.
From the other board.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144925732
$15.6M * .125 = $1,950,000
Looks better than NASDAQ chart.
Preferred non-conversion is 10M.
In four weeks the Defender should be in production or close to it. Perhaps by then they'll closed a deal with distributers and we'll be ready to go into sales.
Deshaun Watson of Houston would be a good pick to represent the product also. He took a lot of hits in the first half of this year. The NFL has a big concussion problem.
The deadlock could be resolved, Peterson said. "Most of the ideas are out there and drafted. It is a matter of putting them together. If that could get resolved this week, then we'd have a bill ready by next week," he said
Sounds like Lyft for the trucking industry.
News ...We acquired part of the trucking company.
Looks like Michigan and Missouri passed legalization of MJ. Utah passed use for medical reasons.
Not sure if that makes a difference for us, but the farm bill will, and it will pass in December.
Palm Coast, FL, Nov. 01, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- RushNet, Inc.(RSHN) , Apple Rush Company, Inc. and XYZ Hemp Inc. jointly announce CBD enhancement beverage testing.
Dr. Richard E Goulding, Chairman of the Board and Chief Medical Officer of both RushNet(RSHN) and XYZ Hemp Inc. (formerly Gold River Production Services, Inc.), stated, “The three companies have forged a joint production and marketing initiative to cover beverages and other products while maintaining the quality and taste unique to Apple Rush products and those of Florida Brewery Co. Inc., manufacturer and distributor of domestically and internationally distributed beers, while utilizing pristine water and the benefits of choice CBDs.”
The companies announce that they will commence immediate CBD enhancement, testing, taste evaluation of Apple Rush's four hot selling beverages and of beer products distributed by Florida Brewery Co. Inc. Its sister facility in Palisade, Colorado, is focused on charging the beverage with full-spectrum CBD (not just CBD isolates), with an emphasis on taste maintenance.
With the carefully crafted post-extraction enhancements and machinery, Management feels that the final result will be well received. In addition to this process, given Apple Rush's relationship, we will also be enhancing beer products distributed by Florida Brewery Co. Inc., utilizing the same proprietary infusion techniques. The enhanced beer will be delivered to Apple Rush and to Florida Brewery Co. Inc., for further evaluation and to be shared with their respective associates.
Tony Torgerud, CEO of the Apple Rush Company, Inc. stated, “The beverage market is poised for CBD. However, in the past, issues with solubility, cost and taste have been problematic.” He continued, “Entering into the CBD beverage category has been a plan of ours from the beginning. Our relationship with Stacey Oakley and Julie Williams at the Florida Brewery Co, Inc. has allowed us some great flexibility in launching new concepts and we will continue to work closely with them in the future.”
With its trade secrets, Management of each company feels strongly that these issues, plaguing competitors, have been solved. The relationship with Apple Rush enables RSHN to profit from the infusion of the CBD, but also provides opportunities for the marketing of and XYZ Hemp’s products, through these existing retail resources.
Reporting on further progress, RushNet(RSHN) is excited to soon report the details of its acquisitions shared in partnership with XYZ Hemp Inc. (GRPS), in addition to RushNet’s partial ownership of a grow and extraction operation.
RushNet (RSHN) and XYZ Hemp Inc. look forward to reporting further updates in the near future.
About the Apple Rush Co., Inc.: The Apple Rush Company, Inc. through its subsidiary APRU, LLC is a distributor of Consumer-Packaged Goods (CPG) products under the trademarked Apple Rush and other labels. The Apple Rush brand has over 40 years of existence in the natural beverage industry. For more information please see www.applerush.com.
About RushNet, Inc.(RSHN): RushNet(RSHN), Inc. is an edibles and beverage based company with stand-alone products, including most enhanced with CBD. Currently, we have developed 12 Products that will take advantage of the natural and non-GMO grow, pristine mineral water enhancement and natural CBD.
About APRU, LLC: APRU, LLC focuses on the development and sale of all-natural Apple Rush sparkling juices. The Company is also engaging in development of premium hemp extracts that contain a broad range of cannabinoids and natural hemp derivatives and other active ingredients such as our exclusive Agathos Active, kratom, kava, blue lotus, and ginseng. Our broad-spectrum cannabinoid initiative includes infused products of not just CBD isolate, but will include CBD, CBDV, CBG, CBC, CBN, CBDA, CBGA etc. (up to a 100 different cannabinoids). For more information, please go to http://www.aprullc.com.
About XYZ Hemp Inc., formerly Gold River Production Services, Inc.: XYZ Hemp is a top of the line medical CBD company. With innovative products targeting specific disease states as supplements, XYZ Hemp, along with RushNet(RSHN), is poised to take CBD to the next level. With two of its top officials being not only M.D.'s but well-versed in the field of cannabis, a team of scientists and technical experts have joined forces to utilize all that CBD has to offer.