is...not in
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A new video is up on Bruce's facebook page:
He claims the final piece of equipment for the grinder is in and is being installed.
https://www.facebook.com/KingOfPot?fref=nf
Invictus MD Strategies Chairman Dan Kriznic Podcast Interview
https://www.midasletter.com/podcast/invictus-md-strategies-chairman-dan-kriznic-podcast-interview/
Executive Chairman Dan Kriznic sat down recently and laid out the company’s goal of becoming one of the top licensed ACMPR cannabis producers in Canada.
James West: Dan, thanks for joining me today.
Dan Kriznic: Thanks for having me.
James West: Dan, why don’t we start with an overview: what’s the value proposition for investors in Invictus MD Strategies Corp?
Dan Kriznic: Yes. At this point, our main goal is to be one of the top licensed producers in Canada. We’ve since acquired over the last six months, two licensed producers, a third in Hamilton, Ontario, a company called A B Laboratories, and another one we just acquired two weeks ago, 100 percent of Acreage Farms, the second actual licensed producer out in Alberta.
James West: Okay. So you’re a consolidator of ACMPR licensees in Canada?
Dan Kriznic: At this point, consolidator wouldn’t be the right word. We’re looking at a footprint across the country, but not necessarily in every single province. So we’d like to kind of build out economics with the current ACMPRs that we have, but we’ll continue to look at other opportunities if they arise. But I would say at this juncture, we’re looking for definite expansion, because we’ve got 150 acres in Alberta; we’ve got, we’re just about to acquire another 100 acres in Hamilton, so we’ve got a very large land footprint to be able to build as many square feet as we require for the upcoming recreational market.
James West: Right. Okay, so are you – how many acres or square feet do you have under cultivation collectively right now?
Dan Kriznic: Currently we have 7,000 over in Alberta, with a 30,000 square foot expansion plan currently underway, and then we’ve got 16,000 square feet in Hamilton, Ontario. And with our expansion plan on the 100 acres within the next 12 months, we plan to put on another 42,000 square feet.
James West: How many ACMPR patients do you have?
Dan Kriznic: Right now we’re still in cultivation only, so AB Laboratories just received their license to cultivate on October 21st, and Acreage Farms just received their license to cultivate last month.
James West: Mm-hmm. Okay, so in that you’re targeting becoming one of the largest, so you’re setting your sights on basically the same positioning as Canopy, Aurora and Aphria, the biggest ones?
Dan Kriznic: Of course. So it’s still early days; right now we’re talking about patients, right? So by 2020, the estimate is going to be 150,000 kilos for the medicinal market, but 600,000 kilos on the rec market. So we’re gearing up to get enough square footage and buildout for the rec market that’s coming up, and that’s going to include various branding. We’ve hired our VP of Marketing and Communications; he used to be the Chief Marketing Officer of a large education company, very used to branding and bringing in students, but we’re looking at obviously bringing in clients.
So even though that we’re a bit behind in terms of a sales license and getting patients, we’ve already had significant demand for patients within our marketplace, and as we continue to work towards this July 2018 recreational market, we’ll be one of the top guys in terms of square footage at that point.
James West: So there aren’t a lot of growers in western Canada at this point?
Dan Kriznic: There are in British Columbia, but not in Alberta. So in Alberta there’s only Aurora and Acreage Farms, and we own 100 percent of Acreage Farms.
James West: And is the location of the provider of ACMPR-grown product important to the consumer, in your opinion?
Dan Kriznic: I think as we kind of move towards provincial regulations, so as we go into this rec market, we’re talking to Health Canada and the Federal government is talking about regulating it provincially. So I think to have a footprint in various provinces is pretty important.
James West: Okay. Is there any aspect of your approach to plant science that differentiates you from the other ACMPR growers?
Dan Kriznic: At this point right now, it’s about getting strain selection. Right now, there’s a lot of new growers coming online that actually don’t have a lot of access to starter material, but as we continue to look at the international market and work with Health Canada and get seeds from other areas, I think a big part of that is going to be, as I mentioned, strain. Number of strains, and the various different kind of strains, whether we’re going down the medicinal route or the recreational route, and whether it’s going to be high CBD for people with epilepsy or high THC for cancer patients or high THC for the rec market. I think strain selection is going to be a big player.
James West: Sure. So right now, do you source your genetics from other genetics providers licensed by Health Canada?
Dan Kriznic: Correct.
James West: Okay. So in your view, do you see that the ACMPR marketplace is becoming a little bit saturated in anticipation of this rec market, and do you think that there’s going to continue to be room for companies that are setting out to grow 150,000 kilograms per year, much longer?
Dan Kriznic: At this stage, there’s 43 licenses, so I don’t think it’s saturated at this point. We’re talking 720,000 kilos between the rec and the medicinal side. My conversion is about 10 percent, so you need about 7.2 million square feet to grow that, and that’s not currently out there.
Whether Health Canada is going to continue to provide licenses is to be determined; much more have come online in the recent months. But as we look at Health Canada and their ability to continue to regulate and manage these licensed producers, it’s going to become very difficult for them, right? If there’s going to be 100 in the next, say, year, that could be impossible. But if you look at the Colorado market that’s saturated, there’s over 450 cultivators out there, and it has depressed prices, etcetera, I don’t really see that happening in Canada just yet because I don’t see that Health Canada, with all their rigour in terms of inspection and going in to continuously monitor these licensed producers, I just can’t see them being able to monitor that many.
James West: Right. Okay. So then in terms of the rec market, how do you see yourself positioning Invictus relative to other companies? Is it going to be a sort of a western Canadian brand that will attract recreational users in western Canada? Or are you going to go the path of celebrity endorsement, or have you got far enough down the road to think about that yet?
Dan Kriznic: Yeah, definitely it’ll be about branding. Branding has to start now, regardless of the rec market coming down later; we want people to recognize our brand early on, so once it comes fully into recreational, they understand it. celebrity endorsements, I’m not a huge believer in; I haven’t seen it work. The US have tried it, a lot of the guys have been trying to endorse celebrities and get them to help sell product, but I just don’t see that as a key.
I think that, just like any other business, branding is going to be very important, and our pasts between myself and our VP of Marketing, when we built Canada’s largest education company, it was all about branding. So we’re just going to take what we did in the past and apply it to this industry.
James West: Okay. So your background is in the education industry?
Dan Kriznic: Correct.
James West: Could you maybe elaborate on your last successes?
Dan Kriznic: Yeah. So we built Canada’s largest for-profit education company in a period of four years, spanning 1,300 employees from Vancouver Island to Quebec City. 42 campuses with over 7,000 students, all private education, post-secondary. In terms of what we did since then, I basically left that to start Invictus; that was kind of the key goal. So exit on a number of divestitures within the space, and then started Invictus and incubated that as something I sort of wanted to cookie-cut in a different industry, but with somewhat similar attributes: highly regulated, very much driven by brand.
And in education, it’s about student acquisition, and cannabis right now is about patient acquisition. So taking a lot of the skill sets that we were able to be successful in the past, and applying it now.
James West: Okay. What other challenges do you see ahead for new entrants like Invictus into the ACMPR space who are, you know, there’s an increasing number of companies coming in under ACMPR, but really, they’re positioning for the recreational market, as, arguably, are the incumbent ACMPR growers. So for you, what challenges do you see that you’re going to have to overcome being a late starter?
Dan Kriznic: I would say the challenges, not necessarily that we have to overcome but the whole industry has to overcome, is quality. And what’s happening right now is you’re reading about various different pesticides that are going into the product, recalls that are happening…so when I look at our team and what we’re doing, we also own a fertilizer company. So we kind of control right from the nutrient side all the way to the end product, so in terms of what nutrients we use and what goes into the plants, it’s very much controlled.
So I think that quality and, let’s say, quality control is going to be a big challenge for all, and we’ve seen it in the marketplace.
In terms of us individually, from a challenge perspective, it’s going to be like any business. It’s going to be build a brand, make sure there’s enough capital to build expansion, build proper, you know, we’re not about buying buildings and then retrofitting; we’re about building from scratch, because it makes so much difference when you’re building from scratch. So, you know, I think that we’ll see over the next year or two, as we go into the rec side, that there’s going to be a few challenges and a few risks, but in general, it’s an industry that has been around for decades. It’s not something new.
People talk about ‘tech bubble’. This is not a tech bubble. This is, like I said, this has been a dark industry for years and now we’re bringing it to the light, and we’re able to capture tax revenues, etcetera off of it, and it’s something that society is accepting. So I think we’re going to embrace all the challenges that we might face.
James West: Okay. And finally, as an individual from the education industry, who do you have on your team that sort of you can point to and say, this is the guy who’s driving the bus in terms of plant science and genetics and everything?
Dan Kriznic: Yeah, so we hired a guy out of the US for our Chief Horticulture Officer, Phillip Haig. Phillip Haig has been, he very much understands the genome and understands cradle to grave from building facilities – he’s built a million square feet of licensed facilities in the US. He’s currently working on half a million square feet in New York, 125,000 square feet in Chicago, and his whole background has been plant science. He’s been on the team now for about six months, so he’s helping us build our facilities, he’s helping us source strains and seeds, he’s been featured on 60 Minutes, National Geographic…he’s very well known in the space.
So I would say that he’s been our kind of key guy within the team to be able to take that to the next level.
James West: Okay. That’s great. We’ll leave it there; I’ll come back to you in a quarter’s time and see how you’re doing. Thanks so much for your time today.
Dan Kriznic: Right on. Thanks for having me.
https://www.midasletter.com/podcast/invictus-md-strategies-chairman-dan-kriznic-podcast-interview/
However, they appear to be talking about the outdoor farm pictures, as if they're theirs.
That picture was posted back on April 16th...
Actually, reading the attached comments, it appears that that picture may have been taken from one of their suppliers:
west__sac_management__company@californialandscapesupply @missionfertilizer @sfgardensupply
west__sac_management__companyThe suppliers that will make these 22- 1 acre grows got crazy.
I didn't catch that when I screenshotted it.
Right, Country Junction Farms and Pacific Cannabis Growers are separate entities and CaliPharms supposedly owns 51% of each. I'm pretty sure FivespeedChatter's suggestion that "the chicken farmer is trying to sell bo s flower" was said tongue in cheek, as was my response. And any "DD" would suggest otherwise (as I mentioned, pictures on CJF's site actually shows a decent sized facility for growing and processing). My main motivation for bringing up the admission of the unauthorized farm on PCG's permit was to indirectly refute rawman's ridiculous suggestion that the authorities are looking to send in the helicopters anytime someone places their plants outdoors during the construction of permitted greenhouses.
I suppose that's possible. In the permit application, Pacific Cannabis
Growers seemed to admit that they already had an unauthorized farm:
Right. What I'm more curious about is this link provided by CaliP for Country Junction Farms:
https://www.instagram.com/west__sac_management__company
What exactly am I looking at? Because it almost looks as if the company that CaliP owns 51% of is actually dealing pot. Do we really own these guys? For reference, here's the possibly related PR:
https://www.otcmarkets.com/stock/KGET/news/CaliPharms-Announces-completion-of-Cannabis-Grow-Acquisition---Company-supports-Trademarking-of-Cannabis-Products?id=150562&b=y
I really hope Bo will be getting to this shortly.
An instagram account with "following" status is required for viewing, so if people don't have that, here's a few of their latest:
Have your say on cannabis legalization in Alberta:
Albertans invited to have their say on #Cannabis legalization. #marijuana https://t.co/VDBUb2uw7B
— Invictus (@Invictus_MD) June 4, 2017
Hemp may become Pee Dee cash crop
http://www.scnow.com/news/local/article_cc0cc8cc-48ab-11e7-8739-ef8dcb0d6420.html
FLORENCE, S.C. – Around here tobacco and cotton are king, but the potential for hemp to take that spot has never been better.
The state legislature passed a law last month that created a “pilot program” for industrial hemp production in hopes of bolstering research and pinpointing which growing methods work best in this state.
Despite a common misconception, hemp and marijuana are not the same. Industrial hemp is a plant best used for fibers crops and oils, while marijuana is a crop most often used for its psychoactive and medicinal features.
The goal, lawmakers have said, is to reach statewide mass industrial hemp production within the next five years.
“We’re still three to five years from this becoming a large-scale, sustainable economic engine simply because of how the legislation is written,” said Rep. Roger Kirby, a Florence County Democrat who was one of the original co-signers of the bill.
“We’re excited about the possibilities but we’re still in a test phase,” he said. “We have to determine what works best for the state from a production standpoint, which practices work best and which varieties grow best.”
Sometime this summer, the state Department of Agriculture and the State Law Enforcement Division will issue 20 licenses to grow hemp crops on up to 20 acres of farm land. The law also allows for state researchers and universities to legally study the herb.
After the first year, the program would expand to 50 licenses for 50 acres. Beyond that, the Agriculture Department and the state’s research universities would have to determine whether the program would be expanded.
Cash crop
South Carolina agriculture is worth $3 billion annually.
Rep. Kirby said full legalization of hemp production, when phased in, would be one of the biggest plays for South Carolina farmers in recent history.
“The Pee Dee hasn’t had a sustainable cash crop since big tobacco went away in the early 2000s,” he said. “I think it’s not only possible for hemp to become that type of cash crop, I think you will see it happen in the next five to 10 years.”
An early concern for area farmers was the viability of sale when the time comes to harvest the crop. Kirby said the market potential is already there; South Carolina just has to tap into it.
One example: BMW manufacturing in Spartanburg uses a hemp composite in door paneling for some of its models but imports the product from oversees.
“Why import when we can grow it right here?” Kirby asked. “More than that, we’ve already got industrial interests in this area from producers, from researchers, medicinal manufacturers, bio-mass companies, bio-fuel companies and fiber companies. The market is there not just in South Carolina but worldwide.”
Climate friendly
Dr. Gregory Pryor, a biofuels researcher and professor of biology at Francis Marion University, said hemp has potential to provide eco-friendly solution on a variety of fronts.
“Take cotton, for example, it requires a lot more water than hemp and takes a ton of pesticides and herbicides to get that white cotton ball we see on the stem in the fall,” he said. “Hemp is essentially a weed and doesn’t require that type of chemical treatment. From an environmental standpoint, it’s a better option.”
Hemp is more than a traditional industrial style crop, Pryor said. Ethanol can be sourced from the hemp’s stalk and oils from the seeds can be converted into biodiesel, on top of the myriad of other uses for hemp.
This could be a solution to reducing carbon emissions and steering fuels toward a sustainable model, rather than relying on depleting fossil fuels.
When a plant grows, it consumes carbon dioxide. When that plant, hemp in this case, is processed it into fuel and burned, it releases the same amount of carbon dioxide consumed by the plant back into the atmosphere. This makes biofuels carbon neutral.
Other oils are carbon based and, when burned, release carbon dioxide into the atmosphere.
“South Carolina has the potential to reduce our reliance on foreign oil with something like hemp,” Pryor said. “And the biggest benefit is that we can grow it right here; it’s sustainable and renewable. The illegality of it is ridiculous because you can’t get high with industrial hemp at all.”
Hemp v. marijuana
H emp has plenty of uses: fibers, papers, food products, medicines, oils, composite materials and biofuels, among other things.
One thing it isn’t used for, however, is achieving a high.
Industrial hemp contains 0.3 percent or less of tetrahydrocannabinol, or THC, the psychoactive component that creates a high. Marijuana is a separate class of cannabis sativa that typically contains up to 40 percent THC.
An early concern from law enforcement was the potential for pot-farmers to mask illegal operations under the guise of industrial hemp production.
Research shows, however, that pollen from industrial hemp can ruin the THC quantity and quality in marijuana – making it more of a threat to marijuana crops than a viable camouflage.
Hemp in America
Hemp in America dates back to the early 1600s and was grown by some of the nation’s founding fathers.
Historically, hemp has been cultivated into canvas for tents and sail cloths. Paper from hemp was used on several famous documents including, the original King James Bible and first drafts of the Declaration of Independence.
Hemp was grown in the U.S. until the late 1930s.
In 1937, the Marijuana Tax Act strictly regulated the cultivation and sale of all cannabis varieties – including hemp. The Controlled Substances Act of 1970 classified all forms of cannabis, also including hemp, as a Schedule I drug, making it illegal to grow.
In 2014, the U.S. Congress passed a bill allowing states that have passed their own industrial hemp legislation to grow hemp for purposes of research and development.
Since then, 31 states have approved some type of hemp legislation.
http://www.scnow.com/news/local/article_cc0cc8cc-48ab-11e7-8739-ef8dcb0d6420.html
If they are delaying putting plants in the ground...
I wonder if this is why :-/
http://kiem-tv.com/video/hollywood-actor-grow-cannabis-near-fortuna
And a short promotional video put out by Invictus:
In case anyone else is having a hard time finding these filings:
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00035787
Right, I'm only suggesting that the yard's hedge, tree, walkway, and shed, as well as the trees seen in the far background of Bo's photo all resemble similar features on google's map. We won't have a chance to see if MJ appears on google's map probably for another year.
The map date stamp I show is 5/27/16.
There's a lot of processing that has to be done on these images. From what I've read, the lag between photography and publication can be as long as a year, and it looks like this area is photographed about once or twice a year.
I see your point,but for whatever it's worth, this photo:
https://pbs.twimg.com/media/DBP2E5EV0AIPwbg.jpg
Does seem to be consistent with the satellite imagery of the property on the growing permit:
https://lostcoastoutpost.com/loco-media/loco-media/blog/post/18406/ZCC-16-135%2B%2BStaff%2BReport.pdf
The plants appear to be in the yard behind the house, with the pruned hedge in the background and the walkway on the right leading toward a break in the hedge, with that shed behind it:
https://www.google.com/maps/place/109+Pampas+Ln,+Fortuna,+CA+95540/@40.5817687,-124.1193645,96m/data=!3m1!1e3!4m5!3m4!1s0x54d40dd401ca8475:0xfb207bf0862487e0!8m2!3d40.581649!4d-124.119682
But don't get me wrong, I appreciate your work. I'm trying to get some .0001s too :).
Plants seem to be doing fine for now :).
You have to admit, there's quite a few plants there... Listening to the bashers, I half expected to see pictures of a few sprouts in Bo's kitchen window. Almost as if they're trying to start a business out there :).
There's a new tweet up ;)
https://twitter.com/CaliPharms/status/870309818753466372/photo/1
Invictus MD: Canada's Cannabis Company Continues to Deliver
http://www.minyanville.com/business-news/markets/articles/2524IVITF-2524IMH/5/31/2017/id/60153#ixzz4ifDVWzvo
Invictus MD (TSX: IMH.V) (OTC: IVITF) issued a corporate update after it closed a bought deal financing and reiterated its vision to expand and solidify its cultivation portfolio.
Over the last six months, Invictus has executed on its previously announced strategy and reported several significant milestones. During this time, the company has strengthened its balance sheet and has positioned the company to take advantage of the burgeoning legal cannabis industry.
Highlights from the Update
In early May, AB Ventures closed its 100-acre acquisition and once this land is licensed, it will be used for cannabis cultivation. The company appointed Michael Alezane as its construction manager and he will facilitate the buildout of the initial 42,000 square foot cultivation facility.
AB Ventures plans to build additional production facilities on the new land totaling 100,000 square feet. Once licensed, the land will enable AB Ventures to significantly increase capacity and keep pace with the growing demand.
AB Laboratories is another subsidiary of the company and has a 16,000 square foot facility located near Hamilton, Ontario. AB Labs recently conducted its first harvest that provided very favorable results. AB Labs has achieved full production capacity and will apply for its pre-sales inspection soon.
In late April, Invictus significantly increased the amount of land it may be able to grow on after completing the acquisition of Acreage Pharms. The acquisition was initially reported in late 2016 and the final announcement came one month after Acreage Pharms received a cultivation license from Health Canada.
Invictus MD plans to create value for its shareholders in the very near future by spinning off Poda Technologies, a wholly owned subsidiary that is focused on the development of consumer cannabis devices.
From the Management Team
Invictus MD Executive Chairman Dan Kriznic said, "Following our successful financing with Canaccord Genuity Corp., Eventus Capital Corp., Echelon Wealth Partners Inc., GMP Securities L.P. and PI Financial Corp., including the over-allotment option, for aggregate gross proceeds of $25,008,750, Invictus MD is well capitalized and prepared for an exciting year of growth. Led by one of the industry's most experienced teams, we are strongly focused on building our shareholder value. With 250 acres of cultivation space that stretches from Alberta to Ontario, allowing for purpose built production facilities rather than retrofitting existing buildings, we now have the largest land package in Canada for building cultivation facilities as demand increases and we will continue the disciplined but agile execution of our business strategy."
Invictus MD President and CEO Trevor Dixon said, "The Company is focused on achieving increased production profile growth in the near future. Cultivation began earlier in the month at Acreage Pharms Ltd. (Acreage Pharms), a Licensed Producer under the Access to Cannabis for Medical Purposes Regulations ("ACMPR"). Planning has begun for the Phase 2 build out; Acreage Pharms has an existing 6,800 square foot production facility with an expansion plan floor plate of 27,400 square feet, that sits on 150 acres of land in West Central Alberta. To facilitate the construction of Phase 2, Mr. Harmen Bangma has been appointed construction manager."
A Story to Watch
Invictus MD has been under significant pressure recently and we believe this announcement should receive a favorable reaction from the market. The company has continued to execute over the last six months and the shares are well off its 2017 highs.
IMH.V and IVITF are down more than 30% from its April highs and momentum has been trending lower.
http://www.minyanville.com/business-news/markets/articles/2524IVITF-2524IMH/5/31/2017/id/60153#ixzz4ifDx4VoG
Oops, if anyone actually wants to read this thing, here's a link that doesn't require a "free trial" subscription:
http://www.votehemp.com/PDF/RL32725-CongressionalResearchService-IndustrialHemp-Feb2-2015.pdf
Thanks. I'm starting to see what's getting people excited about this.
What Gailm and I have been focusing on is the fiber, which could almost be considered the plant waste, which in itself seems to have value that matches or exceeds traditional crops.
But then you look at the things that are far more labor intensive to collect and process, and the profit potential goes way up. I just hear about Hemp Inc's industrial Decorticator. Do they have the equipment to harvest, press, or refine the seeds, leaves, and flowers?
I trust these yield estimates from the Congressional Research Service a bit more, though the Canadian climate may not allow as many harvests per year, so this might offer a low-end estimate:
"Industrial hemp production statistics for Canada indicate that one acre of hemp yields an average of about 700 pounds of grain, which can be pressed into about 50 gallons of oil and 530 pounds of meal. That same acre will also produce an average of 5,300 pounds of straw, which can be transformed into about 1,300 pounds of fiber"
https://www.scribd.com/document/178708909/Hemp-as-an-Agricultural-Commodity-CRS-pdf
This suggests a unprocessed to processed ratio of 4:1, which is better than the 8:1-10:1 ratio that you gave, though the final product yield of 1,300 pounds per acre (or 1,300 tons per 2000 acres) is reasonably consistent with the result that I got in my original post (which was 1000-1250 tons per 2000 acres), though again this is likely low considering the difference in the number of harvests possible between the Canadian and the North Carolina climates.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131743948
So I looked a little more into the profit potential of hemp, and there are widely varying estimates as to the total value, but most of what I find suggests that the potential exceeds traditional crops. Gailum, are you really suggesting that growing something like corn or soybeans is more profitable? Because what I've found suggests otherwise.
This site (http://www.madehow.com/Volume-6/Industrial-Hemp.html) suggests an income potential of $250-$300 per acre for hemp, compared to $100-$200 for corn or soybeans... For 2000 acres, this totals $500,000-$600,000 of profit, which falls comfortably within the range that I got from your numbers.
On the high end, this page (http://www.fibrealternatives.com/hemp%20is%20the%20ultimate%20cash%20crop_byWmConde.pdf) considers the harvest of the seeds in addition to the various fibers, and comes up with what is likely a ridiculous estimate of $34,500 per acre, or $69,000,000 for 2000 acres... I agree that that's probably a bit optimistic, but here's their breakdown anyway:
1) 8,000 pounds of hemp seed, which can be processed to produce 300 gallons of hemp seed oil & 6,000 pounds of high protein hemp flour... Compare this to other high-yeild crops... Soybeans, sunflower, and canola only produce 100 to 120 gallons of oil per acre.
2) 6-10 tons hemp bast fiber for canvas, rope, lace, linen, and ultra-thin specialty papers like cigarette and bible papers.
3) 25 tons hemp hurd fiber for paper, composite building materials, animal bedding and a material for the absorption of liquids & oils.
4) Hemp adds nutrients to the top soil, which is good during crop rotations.
5) Residual flowers can be used in the production of "valuable medicines"
Math:
300 gal oil @ $30/gallon = $ 9,000
6,000 pounds flour @ $2.00/pound = $12,000
6 tons bast fiber @ $1,000/ton = $ 6,000
25 tons hurd fiber @ $300 /ton = $ 7,500
Valuable medicine flowers = $ 0
Total = $34,500 per acre
And I found this interesting:
https://www.digitaltrends.com/cool-tech/scientist-says-hemp-fibers-are-better-than-graphene/
And then, this site doesn't try to estimate value, but identifies additional products that can be extracted from hemp
http://hempinc.com/nothing-goes-waste-hemp-plant/
I don't claim to know anything about the topic, I'm just trying, as you suggested, to do the math...
According to you, it takes 8-10 tons of unprocessed material to produce 1-ton of product.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131738738
According to you, 1-ton of product is worth $900.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131738738
According to you, it costs $100-$250 to grow and harvest 1-acre
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131702801
According to David Schmidt, the Hemp Inc facility can handle 20-27 million pounds per year or 10,000-13,500 tons per year
Invictus has published a bunch of these self-promotions disguised as advice pieces... Here's a few:
5/24... Cannabis Investing 101
https://www.civilized.life/articles/cannabis-investing-101/
5/17... Why You Should Invest In Cannabis Stocks Now
https://www.civilized.life/articles/why-you-should-invest-in-cannabis-stocks-now/
5/16... 5 Cannabis Stocks Worth Watching This Week
https://www.civilized.life/articles/5-cannabis-stocks-watching-this-week/
5/11... This Canadian Cannabis Stock Could Yield Once In A Lifetime Returns For Investors
https://www.civilized.life/articles/this-canadian-cannabis-stock-could-yield-once-in-a-lifetime-returns-for-investors/
4/26... We Asked Five Cannabis CEOs to Give Us Their Second Half Predictions for 2017
https://www.civilized.life/articles/five-cannabis-ceos-second-half-predictions-2017/
4/24... Three Steps To Investing Wisely In Cannabis
https://www.civilized.life/articles/three-steps-to-investing-wisely-in-cannabis/
4/20... Three Emerging Cannabis Markets to Consider This Week
https://www.civilized.life/articles/3-emerging-cannabis-markets-to-consider-this-week/
4/13... "Be Patient, Be Unique": An Interview With Dan Kriznic Of Invictus MD
https://www.civilized.life/articles/an-interview-with-dan-kriznic-of-invictus-md/
4/12... How Cannabis Investors Can Use Negative News to Their Advantage
https://www.civilized.life/articles/how-cannabis-investors-can-use-negative-news-to-their-advantage/
4/5... 5 Cannabis Stocks that Could Break Out in 2017
https://www.civilized.life/articles/5-cannabis-stocks-that-could-break-out-in-2017/
4/5... This is the One Cannabis Stock to Own in 2017
https://www.civilized.life/articles/invictus-md-invests-in-cannabis/
3/29... Three Questions Every Cannabis Investor Should Ask Before Investing
https://www.civilized.life/articles/three-questions-every-cannabis-investor-should-ask-before-investing/
3/22... Three Sectors Cannabis Investors Should Keep an Eye On
https://www.civilized.life/articles/three-sectors-cannabis-investors-should-keep-an-eye-on/
3/15... 5 Ways Cannabis Investors Can Capitalize on Bill Blair's Statements
https://www.civilized.life/articles/5-ways-cannabis-investors-can-capitalize-on-bill-blairs-statements/
2/13... Top 3 Most Attractive Investment Subsets Of The Cannabis Industry
https://www.civilized.life/articles/top-3-most-attractive-investment-subsets-of-the-cannabis-industry/
Peers-Based Operation Looking To Grow Significantly
http://www.mytowntoday.ca/2017/05/29/peers-based-operation-looking-to-grow-significantly/
Invictus MD Launches New Website
http://www.marketwatch.com/story/invictus-md-launches-new-website-2017-05-29
May 29, 2017 (TheNewswire.ca via COMTEX) -- (via TheNewswire)
VANCOUVER, BC / TheNewswire / May 29, 2017 - INVICTUS MD STRATEGIES CORP. ("Invictus MD" or the "Company") (IMH) IVITF, -1.02% (fra:8IS) Invictus MD today unveiled their new responsive website, invictus-md.com which is functional across devices. The new site features a more vibrant, attractive and compelling design that showcases Invictus MD's unique personality.
"We also wanted to amplify the value that we deliver to our investors at large, both verbally and visually--to better communicate to all of our audiences," said Larry Heinzlmeir, Vice President of Marketing and Communication. "Today's launch marks the beginning of a new era. It's fresher, stronger, and more modern. It represents the optimism we all feel about how the future of the cannabis sector can contribute to society. Our new verbal and visual identity signifies that we're transforming as an organization."
"Our team is obviously excited about the future of the Cannabis sector," said Trevor Dixon, President and CEO. "Technology is evolving, but one thing that remains constant is our commitment to Canada's budding cannabis industry. We've viewed production capacity and brand diversity as the foundational aspects of our business. With over 250 acres of assembled land, Invictus MD has positioned itself to grow as the market for cannabis expands."
"From day one, Invictus MD has viewed unparalleled production capacity as vitally important to our operations to meet the significant demand," said Dan Kriznic, Executive Chairman of Invictus MD.
http://www.marketwatch.com/story/invictus-md-launches-new-website-2017-05-29
Hemp-Inc has looked into importing hemp from Guyana?
... "the hemp industry is making a great comeback worldwide and is very important to the economic future of Guyana" ... "investors are becoming engaged in export-oriented enterprises" ... "the latest enquiries came from a U.S.-based company, Hemp Inc, founded in 2008. The company has the largest decortication plant to process industrial hemp, located in Spring Hill, North Carolina" ...
http://hemplogic.blogspot.com/
Equity Guru wrote a new article on Invictus:
https://equity.guru/2017/05/26/financial-heavyweights-hand-25-million-cheque-to-invictus-md-imh-v/
This article appears to include another photo inside the new Invictus Acreage Pharms production facility:
http://www.edmontonsun.com/2017/05/25/edmonton-woman-starts-canadas-first-cannabis-staffing-agency
This was the previous article with photos:
http://edmontonjournal.com/news/local-news/albertas-second-licensed-cannabis-facility-could-be-the-start-of-a-big-future-for-tiny-hamlet
Hemp Inc is a Hybrid Grower to Watch
http://oracledispatch.com/2017/05/24/hemp-inc-otcmktshemp-hybrid-grower-watch/
Hemp Inc (OTCMKTS:HEMP) is working to position itself in a hybrid niche sub-sector of cannabis. The company’s primary product is IH (Industrial Hemp) and shares have been trading in a tight 0.03-0.05 range for a year. It’s not unusual for the IH sector to trade differently than the cannabis sector itself. Industrial Hemp (IH) should trend along with the larger cannabis boom and as the revenues will eventually get hot becoming low margin cash flow. This explains why IH is flat versus the huge price appreciation that occurred across the cannabis sector.
It is important to note, the American attitude on marijuana usage has been undergoing a seismic shift. Over the past couple of years, more states are legalizing because of the economic benefits. Like its conservative cousin (industrial hemp), marijuana is big business. Small growers, advocates and big businesses are positioning themselves for the logical growth trajectory.
Hemp Inc (OTCMKTS:HEMP) is a smaller market cap at the moment, but I like the fact they are a hybrid grower with a commodity angle. This way investors and analysts can view them separately. Developing a niche is critical at the early stages of a developing market.
HEMP executives recently shed some light on the progress of its industrial hemp processing facility in Spring Hope, North Carolina. According to David Schmitt, COO of Hemp, Inc.’s wholly-owned subsidiary, Industrial Hemp Manufacturing, LLC, the mechanical installation of the bale shredder was completed last week. “This system starts with a very large metal detection system to insure that there are no metal objects in any of the bales of kenaf or hemp. If the metal detector senses anything metallic, it will shut the system down. This is a safety feature to insure no metal goes into the milling system.”
Schmitt continued, “Next, the bales go up an incline conveyor into the shredder. Here the material is reduced in size to a 1-inch particle. It is then carried on a conveyor into the first stage of the milling operation. We have now started to run conduit and wiring to all of the electric motors on the shredding system. I am anticipating about two weeks to complete the electrical work. The milling operation will then be able to run in a fully automatic mode and we will begin processing the 18 million pounds of kenaf we have in inventory. We have been running the milling operation in a manual mode to confirm operation of all of the motors, sensors, filters, rotary valves, etc. All of the machinery is working properly.”
Hemp, Inc. (OTCMKTS:HEMP) is working to get their hemp seed into North Carolina, so that the first hemp crop can be planted in the next few weeks. “Our Nuaxon super critical CO2 extraction machine is scheduled to be delivered next week. We must then build a GMP compliant building to house the extraction unit as well as all of the post processing equipment. Once this is done, we will begin installation and commissioning of the extraction machine to begin producing CBDs,” said Schmitt.
HEMP continues to be active on the PR front and keep investors up to speed on their operations, and the industry as a whole.
The North American marijuana market posted $6.7 billion in revenue in 2016, which is up 30% from the year before. U.S. legal sales could reach $50 billion by 2026. Colorado has collected more than $150 million in taxes from legal marijuana sales, including nearly $50 million from a specific excise tax that directs funds to school construction projects. The first $40 million collected annually are earmarked for the school projects.
Just as an overview of the industry: fifty-seven percent of Americans supported legalizing marijuana in 2016 compared to just 52% of the country in 2014. Support for legal cannabis has been steadily increasing among Americans since 2006 when it reached 35%. By 2020, it is estimated that country-wide legal marijuana sales will generate more annual revenue than the National Football League.Cannabis is the largest cash crop in the United States, exceeding corn and wheat combined. The first e-commerce transaction to take place on the Internet was the sale of cannabis.
Hemp, Inc. (OTCMKTS:HEMP) is looking to carve out a niche for themselves, right now they are just a small ($6.85M marketcap) part of the industry, but worth watching as we see this (niche) industry getting ready for a revenue growth spurt.
http://oracledispatch.com/2017/05/24/hemp-inc-otcmktshemp-hybrid-grower-watch/
Oops, IHub seems to be changing my link...
The second copy of the link in that post works, but not the first.
It seems to be changing the word "shares" in the link into one of those ads, even though it's in the middle of a link... What an annoying "feature".
Here it is again:
https://lostcoastoutpost.com/2017/may/23/ground-floor-you-can-buy-5000-shares-new-fortuna-p/
A Google map view of the mentioned location (I think... and if I can get this to work):
https://www.google.com/maps/place/Pampas+Ln,+Fortuna,+CA+95540/@40.5833383,-124.1213666,595m/data=!3m1!1e3!4m13!1m7!3m6!1s0x54d40dd46e9d6e59:0x4e2db34bc469779a!2sPampas+Ln,+Fortuna,+CA+95540!3b1!8m2!3d40.5831775!4d-124.118974!3m4!1s0x54d40dd46e9d6e59:0x4e2db34bc469779a!8m2!3d40.5831775!4d-124.118974
An informative and humorous take on KGET:
https://lostcoastoutpost.com/2017/may/23/ground-floor-you-can-buy-5000-shares-new-fortuna-p/
GROUND FLOOR! You Can Buy 100 Shares in a Soap Opera Actor’s New Fortuna Pot Farm For a Penny
Earlier this week came news, via mmjobserver.com, that a subsidiary of the publicly traded company G-Pel International Inc. (OTCMKTS:KGET) had scored a huge coup. It had become, it was pleased to announce, one of the first wave of applicants to score a permit to commercially grow cannabis in that marijuana mecca — Humboldt County, California!
Stocks soared on the news, we are told.
“In the last trading session,” writes either mmjobserver staff or G-Pel itself (it’s not clear), “the stock price of G-Pel jumped 50 percent to close the week at $0.00030.”
So that was pretty good news for G-Pel CEO Bo Linton. That’s right — that Bo Linton, who of course you remember from his stint playing Dr. Richard Dosky, M.D. in a seven-episode arc on General Hospital in 2012!
What you might not know is that when he’s not getting suckered by handcuffed femmes fatales, Bo Linton serves as the chief executive officer of CaliPharms, Inc. — which, confusingly, is another name that G-Pel goes by — and the new 10,000 square-foot mixed-light facility his company plans to build just outside the Fortuna city limits is a key part of his master plan to wean America off opiates and alcohol, to end domestic violence and child abuse (and maybe even cure cancer?), and to just generally make the world a better place.
Well, no one said saving the world would be easy. As of this writing, shares of G-Pel have slumped down to $0.0001 — a full one-onehundredth of a cent below where they were trading before the company got its golden ticket from the Humboldt County Planning and Building Department. Google Finance currently calculates the firm’s market total capitalization at a somewhat underwhelming $645,770. In just a few days, two-thirds of its value has disappeared.
Does that mean it’s time to buy at the low? We have no idea. Talk to your licensed, professional financial adviser, and don’t be surprised if she tells you to run screaming from penny stocks — or hundredth of a penny stocks, in the present case. A 2014 study found that legal weed was the new hot hunting ground for the eternal “pump and dump” scam, which is more or less the defining feature of the market in over-the-counter stocks. Investors may have lost as much as $23.3 billion on pumped and dumped weed company stock in that year alone, the study found.
But what about the fundamentals, you ask? Again: We are no experts, but they don’t look so hot. G-Pel has been through many iterations since it was founded in the mid-’90s. A trip through its SEC filing history shows that it has, by turns, and through several changes of ownership and name, been nominally in the business of exploring for minerals off the coast of Argentina, producing animated TV shows based on fairy tales, manufacturing and selling hydrogen gas for alternatively powered vehicles and hawking wood pellets.
So it is not remarkable for its stability. Its balance sheet is much more remarkable, but not in an encouraging way. G-Pel / KGET / CaliPharms’ most recent annual report showed that at the end of 2016 the company had a grand total $2,798 in assets — all cash — and over $10 million in liabilities. Oops!
Maybe the Fortuna weed farm will turn all that around. Operated by CaliPharms’ subsidiary, Pacific Cannabis Growers, Inc., they’ve gotten the green light for 10,000 square feet of grow on Pampas Lane, off Loop Road in the Rohnerville area. They say they’ll soon be pumping out the pounds of Blue Cheese, Dairy Queen, Girl Scout Cookies, King Louie OG, Skywalker OG and Kosher Kush … and they just might change the world.
https://lostcoastoutpost.com/2017/may/23/ground-floor-you-can-buy-5000-shares-new-fortuna-p/
Here's an update, images, and a video:
http://edmontonjournal.com/news/local-news/albertas-second-licensed-cannabis-facility-could-be-the-start-of-a-big-future-for-tiny-hamlet
Alberta’s newest medical marijuana operation is planting the seeds that could turn the quiet hamlet of Peers into one of the crown jewels in Canada’s cannabis kingdom.
In March, Acreage Pharma Ltd. became the second licensed pot producer in the province, opening a 630-square-metre facility near the tiny community south of the McLeod River.
But that building is just the start. Company co-founder Trevor Dixon hopes to break ground soon on a larger plant beside it, and is looking at a 23,000-square-metre third phase that would place the overall development among the country’s largest cannabis producers.
Peers has about 100 residents around three commercial blocks that include a weatherbeaten hotel, a food store and a 90-year-old United Church that badly needs painting.
Dixon, who expects most of the nearly 150 employees at the three phases would live nearby, thinks the district’s future is “fantastic.”
“We have not heard anybody oppose what we’re doing here,” he says during a recent tour.
“Peers is starting to feel it already. We’re injecting quite a bit of cash into the community through the creation of quality jobs … It’s a big boost to the area, and we’re doing that without any effluent.”
No sign marks the entrance to the facility, which is hidden from the road by trees. The windowless green metal-clad structure is surrounded by a chain-link fence topped with barbed wire that like the rest of the site is under constant surveillance by 62 cameras.
Dixon says it’s a top-notch spot for a grow op. A local boy who moved to the Okanagan decades ago, he rapidly ticks off the advantages — good security, low humidity that allows better control of mould and other plant ailments, cheap power and long winters that keep down insects.
He’s not concerned with being out in the country 180 km west of Edmonton, saying Canada Post is keen to be their courier — customers can’t buy in stores — and they’ll have same-day delivery.
He based the operation in 60 hectares of rolling, wooded recreational property crossed by an old settlers’ road that’s been in his family for 54 years.
“It’s a beautiful chunk of land with wild blueberries, all kinds of wildlife. Back 50 years ago, we burned the wood for heat,” says Dixon, who to supervise work now splits his time between his house in West Kelowna and his old family home.
He spent 20 years developing and franchising a national bathroom renovation company before selling out and, describing himself as bored, becoming a B.C. municipal councillor.
Five years ago, he realized the medical pot industry’s potential, saying firms can make lots of money because they handle the entire business from production to dispensing.
“We’re totally vertically integrated. There’s no middle man,” he says.
“The returns are better than typical businesses, and they have to be, because Health Canada wants businesses to be able to succeed in this regulated industry so the public gets safe products.”
‘A lifelong passion’
The 58-year-old is a true believer in what he sells. For the last couple of years he has taken a daily dab of cannabidoil, one of the compounds found in cannabis, that he says has vastly reduced his symptoms from serious osteoarthritis, cut his cholesterol levels and improved his eyesight.
“It has become a lifelong passion. I won’t retire. I will stay in the industry for the betterment of knowledge and to provide for as many individuals as I can,” he says.
“I couldn’t turn a door handle four years ago. Now I can do all this.”
He and his sister Brenda, his partner, provided Health Canada with 4,400 pages of detailed information as part of the exhaustive process to receive a producer’s licence.
Fort Knox
Security at the facility is tight.
The perimeter fence contains vibration sensors, visitors and the 15 staff must swipe fobs and enter codes on a keypad before any doors open, and workers wear T-shirts to ensure there’s nothing illicit up their sleeves.
Walls are made of steel-reinforced concrete, and pending shipments are stored in a vault.
“They had us build these things like Fort Knox so anybody who wants to case them out will determine quite quickly it’s just not worth it,” Dixon says.
Anyone going inside has to wear plastic booties or special sterilized shoes and the air is highly filtered to stop outside contamination because the cannabis is grown without pesticides.
But there’s not much to see. The four rooms where crops are propagated and raised, each containing 400 to 500 plants, are off-limits, while the space where dried cannabis will be packaged in five- to 30-gram bags for sale or processed into oil is waiting for the first harvest in July.
At average prices of $5 to $12 a gram, the annual 600 kg output could be worth about $5 million. Phase three is projected to put out 25,000 kg annually.
Last month, Vancouver’s Invictus MD Strategies Corp. bought Acreage Pharms for $6 million, 20 million shares (now worth about $1.50 each) and other considerations.
Dixon became chief executive of Invictus and his sister was named chief science officer. They’re the largest shareholders in Invictus, which also owns part of a Hamilton, Ont., licensed producer.
Alberta’s only other licensed grower is north of Calgary in Cremona. Owner Aurora Cannabis Inc. is constructing a 75,000-square-metre structure beside the Edmonton International Airport that it calls the world’s biggest legal pot producer.
Dixon isn’t concerned. The company owns more land near Peers than is used by Canada’s other 43 licensed cannabis producers, and business is booming, especially with the prospect of legalized recreational sales next year.
“There’s a real shortage of medical cannabis in the marketplace. It looks like it will take a few years for the industry to catch up,” he says, adding consistency is one of the keys to success.
“That’s important for the recreational market as well. They find something that’s just their favourite … you better have it the next time.”
http://edmontonjournal.com/news/local-news/albertas-second-licensed-cannabis-facility-could-be-the-start-of-a-big-future-for-tiny-hamlet
Looks like a computer generated article on IVITF meant to bring subscribers to their site... But hey, if you squint, it kinda feels like news:
What’s Ahead for INVICTUS MD STRATEGIES CORPORATION (IVITF)
Penny stock shareholders are becoming inquisitive about INVICTUS MD STRATEGIES CORPORATION ORD (OTCMKTS:IVITF), following the fact that the share price has moved $-0.04, reaching the $1.17 price level in a recent trade.
A big benefit of investing in small-cap shares is that there is a prospect to outpace the institutional investors. In addition, mutual funds have limits controlling their power to purchase large lots of any one firm’s outstanding shares.
It’s the latest price, but let’s analyze how the stock has been doing recently. In the past year, INVICTUS MD STRATEGIES CORPORATION ORD’s stock was big mover. According to the short interest report published recently, (IVITF) had 28,300 shorted shares for 0.2 days to cover. The prior short interest was 23,100 for a $22.51 change. The 52-Week High and Low are noted here. -28.22 % (High), 550.00 %, (Low). The stock had 133,700 average volume.
Is stock price of INVICTUS MD STRATEGIES CORPORATION ORD Set to Getaway to Their Potential? Register for Our Newsletter and Know the Inside Scoop!
http://finnewsdaily.com/whats-ahead-for-invictus-md-strategies-corporation-ord-ivitf/
The theory may be to prevent the institutional investors from acting on news before the rest of us can see it, but yeah, it does seem to spook people a bit.
Under "Reason", it states "At the Request of the Company".
This has happened for other news items recently. I think it's just a strategy used by Invictus management.