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November 15 earnings think it’s gonna pop
Good volume means it’s not a scam
Looks like they closed but only some are fully operating. This is what I found:
Pureorganix - they were selling it but can’t seem to find any recent news. They bought it for a deal with Sunniva, maybe there is something there still
Lyxr- website up but can’t seem to purchase. Looks like they put work in
Asher House - seems to still be up and running
Fitamins - site is up too but don’t see sales in the filings
Cultivation - seems to be legitimate. This is the biggest one, and they’re selling the product so if it pans out it’s one of the biggest licensed Cultivations in California
Wonder if because these were all online companies if there’s something going on.
It’s at a 20 million market cap size. If they sold their crop that’s an estimated 1 mil minimum I think based on last press. Wouldn’t you say it’s undervalued?
When is next earnings report due?
My guess is we are at the bottom. Look at other cultivators. This is so cheap now
I think some institutional buyers are seeing where this is an amazing buy. 1 year will certainly see over $1 or even 2-3 but I would guess the next quarterly report showing actual sales will jump this up right away, to what price I’m not sure, but maybe 40-50 cents?
It was only 1000 shares from what I saw. I think volume is around 16 cents right now
Even if you did I can see this easily skyrocketing back over $1 if not $2. Even if they did 1/5th of the crop they said they would it should have a 100mm cap.
It seems that since they have private investors they don’t really care about the share price right now. Cheapest shares I bet for a long time.
Thought they covered this earlier? Earlier investors bought at below 1 cent and are able to sell now. But I bet others are going to hold for the big harvest
Really good analysis here.. until then these are bare bottom prices
Level 2 seems to show some of the stock is large blocks probably from lockup’s. Do you think initial investors at sub 1 cent are now reaping in?
Not allowed on nasdaq because it’s operating in US. That’s after federally legal. All those other companies play outside of the US
So what’s your target 1 year from now?
I think it’s on its way back up to $1
Playing devils advocate here, but at least they’re not sugarcoating that it’s taking longer than normal. Cannabis is basically about construction and agriculture and you know the saying in construction. Twice as long twice as much
This might be the most underpumped company in cannabis. Who else has operations near this size? That farm is like a good 1:3 or 1:2 of an Aurora yet no one knows NUGS. Almost like they don’t want people to know
Possibly partial crop failure? Or they meant clones initially?
You’re so right. At $50mm+ revenue what’s the new target price? $2-3?
Yes it’s been white labeled.
Heard from NorCal stores they are unloading a LOT of product this is buy time
High float is good. Means they arent just closely controlling.
I think you’re reading it spot on. I bet they are trying to uplist again, but wonder where. If it’s QX or Canadian or even Hong Kong?
LIFE is a scam! ??
I agree. Unless they are doing a hemp play in Asia where it is already huge.
Look at his bio on eftb (already a bad association). It doesn’t match with his other bios from work history and education. Does that look odd to anyone? Who knows. Don’t think these directors add anything, the last ones seemed to have more experience and it’s not a good sign that the ceo is not the chairman of the board. LW must have purchased a majority stake? In that case that’s maybe good too. Too early to see how this will shake out
Some of these are strong, but some like Pyng are a joke. Looks like the news was taken badly.
It works if you just type in nugsfarmnorth.com without all the other stuff for some reason
Seems to be working. Wonder why it’s down for you?
Totally agree once again. Give them a little time. Everything from the beginning has been real progress. People tend to focus short term and forget where it all started.
Agreed. Things are coming along slowly but this is real progress and BIG progress. Everytime it looks like they’ve had hiccups they’ve had something good happen. Maybe not immediately but within a few months
This is about what I heard when I called around retailers and distributors in California. How much should the stock be if it hits that in comparison to the big boys like Aurora or canopy?
Highly doubt they took that deal with this much larger investor. Didn’t that say they just had access to it?
Yea it appears to be “nugs_farm”
A deal this big takes months especially when it’s public. My guess is that its gotta pretty much done since that much was invested and there’s just t’s being crossed, i’s dotted etc
Says 6 acres of actual greenhouse space and 30-40k plants. Doing that math this could be at least the revenue of a Aurora in 2018
Agreed on this
Can’t link it but search again for that address they have a full annual license
Google search shows that’s Simon (the CEO) direct number