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Looks like someone dumped a bunch of shares on the Canadian side at the end of the day and there were some buy orders filled soon after.
Perhaps on the American side it didn’t have time to fill orders before close.
I did hear that SilverBear gobbled up 5 more shares today. (With a $10 trading fee. Shhh nobody tell him)
I’m down over 50% on this cow pie of a stock over 2 years... but up over 50% in Crypto over 2 months. If I could go back in time a few months I would have sold N at a 10-20% loss in the .40s CDN.
I’ve said it in the past: What do these guys do every day when they punch the clock in the morning?
Hoping and praying for upward momentum soon, this is not fun. I’m thinking of averaging down more but it just doesn’t seem like their even trying to provide “shareholder value.”
Correct me if I’m wrong or give me and many others some hope! (Please don’t say “we will be your everything cannabis store” as consolation)
Well fellas, how was the town hall today? I wasn't able to attend.
I am seeing some unrest on the Yahoo board over the apparent reluctance to answer tough questions. I also see some positive items like video evidence of Labs (haha), a name change in the next few months, grand visions of the future.
Agreg tells it like it is... what did you think? TheSilverBearsssss? meima1955? Others?
Any key takeaways, reasons for hope, hints at something special?
I really, really want to believe. Hoping for one of those epic +40% days soon.
Deep in Quebec many of them barely speak a word of English, since there is no reason to.
Good move by N, but long overdue.
Yikes, these guys can't even capitalize the F in "French." People notice these things...but okay, that's cool.
A little concerned about what Meni is going to talk about next week. What is there to say? Shareholders left dangling in the wind for so long here. I hope there is some sort of big positive surprise...anything to get people enthusiastic about this stock.
Only enthusiasm I see is "thanks for the 0.2sssss", which is cringey at best. It's like pumping tires with a hole in it.
Give us something to talk about please! Something to speculate about! Something to look forward to!
All I see is an open road with a haze in the distance that looks like profitability but it's hard to be sure. Direction, clarity, energy please, I'm begging you...
Yes, I'm a shareholder who is down about 50%. I've had chances to abandon ship near 50 CDN cents, but just couldn't pull the trigger because I thought "this is finally the run back up past a dollar."
We want good news, hope and prestige. We deserve it.
Wooo, there is a rush on energy on this board. If only we could bottle it up and attach it to this company as rocket boosters.
For me and many others, we have endured the pain of holding this stagnant stock while all of the housecleaning was being done. As long time shareholders, I think we are owed something at this point.
For new investors, this a great time to get in at pretty much the ground level. Things are finally coming together in a big way. Rome wasn't built in a day and the same goes for Namaste. With so many catalysts in play, proper execution could see big returns in the medium and long term.
It all depends on how we can attract attention and sustain it. Management showed that they can boost the SP when they wanted to, lets have a little more of that and get the timing right.
Well it’s not just about me, I know others are more underwater than I am and need some hope.
Around 82,000 shares at 50 cents Canadian. I’ve also been signed up with CannMart for the past year and have shamelessly pumped this company in the past on this board.
I know it’s shocking that someone cares about more than just themselves.
Also, slacka was right on the money, good call! Let’s hope this is the beginning of a consecutive string of positive news to move the needle here a bit.
Definitely not assuming anything grand; I learned that lesson with Namaste a while ago. But I certainly am hoping and praying the shareholders get some much needed relief.
I threw the guess out there because it appears most of Namaste's other businesses are doing very well.
We are owed some results and progress at this point.
And yes the cash burn needs to settle down and it should since it seems like we have our product ready to roll out on a large scale.
Okay it’s close to the moment of truth.
Let’s get some guesses regarding 4th quarter and yearly revenue!! What do you guys think?
In that news release a while ago they estimated 8 million for the 4th quarter and 27 million for the year.
I’m guessing (and praying) the revenue is higher than suggested.
Let’s saaaay:
- 9.5 million 4th quarter.
- 28.5 million for the year.
Save us Sugarbud! Haha.
Hey, remember when they easily ran up the SP a few months back? That was pretty fun, but they have been as quiet as a church mouse since then. Why?
I guess we will have some news by mid next week at the latest.
I still believe in this model, but please sprinkle some crumbs on us, we are starving for some upward momentum.
No more “thanks for the 20sssssssss.” I want to be thankful for a steady SP increase instead.
This post seems like a message in a bottle from almost a year ago, or whenever that debacle happened.
I wasn't happy either, but you've got to give Meni credit for accomplishing much more in other areas to keep the dream alive here.
The Choklat issue is small potatoes compared to all of the incredible progress that has been made recently.
It's not too late to load up on more shares, I certainly am.
I'm loving the volume and the enthusiasm!
The addition of Edward Miller to the team was such a crucial move. Starting to see a real identity take shape here at Namaste.
If we somehow get that license on Friday, we could see some epic continuation next week.
You’re right, we are set up for a run if these things come together in succession.
Congrats to those who listened to myself and others and bought in at the bottom!
That being said, it’s not too late to get in, this thing is wayyyyyy undervalued still.
This low overhead business model (especially VendorLink) could become a plug and play standard as markets open up across the world.
Hopefully a gap up and continuation tomorrow! Positive vibes all around babyyyy!
They cleared Ignites' stock off CannMart like nobody's business.
Ignite vape cartridges during the Boxing Week sale were selling for $12.80 each compared to over $50 each for Ignites' entire run on CannMart to my knowledge. So I certainly stocked up on the super cheap vape cartridges.
They were pretty much giving away this stuff, the dried flower and pre-rolls had comparable discounts.
It's as though they want to start anew in 2021 in many respects.
One thing is for sure, I will have Scammin' Dan's vape cartridges for the foreseeable future to blow those memories in the wind.
I think we see encouraging positive share price movement during January. Just give me a green day tomorrow, start it off right baby!
It would be fascinating to gaze into the future and see whether Meni ultimately succeeded or failed with this company.
Haha, owning N right now is like driving down a remote highway with a quarter tank of gas and no gas station in sight.
But lets remember a few things...
Canada has been in different stages of lockdown for the past couple months, with the provinces of Ontario, Manitoba and Alberta being fairly strict. Last time CannMart hit record sales, it was significantly boosted by the various lockdowns across Canada.
With many new items like vape cartridges and edibles added to CannMart on various levels recently, along with the innovations and experience, they should be able to execute a better game plan this time around with higher margins.
CannMart appears to have significant market share in a few of the provinces. I remember about 5 months ago seeing market share pie charts for each province, showing all the major companies. I was pleasantly surprised to see CannMart there and independent from the "Other" category. I'd like to see what our current market share is.
Several of Namaste's investments are doing good business. Israel appears to be moving along with legalization. The investment with Cannbit(10% I believe) should bear some fruit soon. You'd think Meni already has the connections and relationships in place to expand in Israel, right?
Seems like there are new deals in Canada are in the later stages of negotiation. Can't forget that pending license for Labz which seems like a cruel and unusual punishment at this point.
Things are coming together but there also is a very real time limit as well. January should be solid, I have faith, and I will buy more next week! Gonna put another nice dent in the average.
In some ways, it might be good for Namaste that the doors are opening slowly as far as legalization goes internationally. It would be hard to get in on the action with this war chest, that's for sure.
I was pleased to hear that they are at least making a pitch to institutional investors. These investors are the rocket boosters we need to make it through the asteroid belt of shorts.
It could prove instrumental that Namaste honed it's craft while others overextended and faltered.
We will get there people! Merry Christmas one and all!
Only recently has Namaste began to address some major things many of us have wanted for quite a while: some emphasis on investor relations, marketing and social media. I will give them another quarter or two before I start making more of a commotion.
There have been a ton of roadblocks on Meni's train track to profitability which are not all his fault including but not limited to: Having to stop dealing with sketchy owners (Bilzerian and Brad) that might compromise Namaste's long term integrity. Also Health Canada taking their sweet, precious time with Namaste's licenses.
Agreg is one of my favorite posters on here. Yes, he has become increasingly negative, but he brings up good points. You should see how positive I used to be in my first handful of posts on this message board!
Waking up and seeing the N share price struggling day after day can be mentally taxing to say the least. The past couple weeks it's almost humorous though, I gotta say.
We are getting investment-cucked right now. Watching other companies in the cannabis industry on their way to the moon, while we stay behind on the launch pad. Although I think we have someone who worked for SpaceX on our BoD, so we are in good hands.
It feels like rock bottom, but I still have hope in Meni's plan. This company needs to celebrate any semblance of progress or achievement outwardly. Sometimes it feels like N management are in a stealth submarine deep in the ocean, trying to stay as quiet as possible.
So lets get some SP momentum upward, and may Meni bless each and every one of your bum souls.
"We wants it, we needs it!!" (Gollum voice)
As much as I disagree with full lockdowns, the fact is they will only help Namaste's bottom line.
Even more of a reason for other provinces to adopt VendorLink as well.
Those Wana gummies from CannMart were great. They remind me of a soft European style candy with natural flavors. Super clean feeling high and great for movies and games this winter.
I have been ordering from CannMart for quite a while now and I have never got any low quality product. It has always been first class!
Now that I have tried these high quality edibles, I'm going to buy a whole bunch since there is probably the biggest sale of the year right now on https://cannmart.com/
Interview with Meni from earlier on today:
So I tried some "Bhang" chocolate tonight; A recent CannMart purchase.
My expectations were low because of the painfully long wait for Choklat, only to have that de-materialize. And then Bhang was announced with little fanfare and attention. I figured it wouldn't be that great.
But I was wrong, the chocolate itself does taste like premium quality. I'm a regular chocolate connoisseur, so I'm picky and judgemental.
It doesn't have the overpowering cannabis taste at all. It tasted delicious. I have tried a couple other cannabis chocolate brands and this is the best by far.
I ate one 10mg package which is a chocolate bar that can split into 4 pieces (2.5mg x 4) and waited 15-20 minutes, then started to feel super light and chill. It was a gentle bump and it felt clean.
After about an hour I ate another whole chocolate bar just to see what the difference would be. Definitely more intense feeling now, but still very clean. What I mean by that, is you don't feel foggy like you would if you smoked dried flower.
I will buy more for sure. Bhang delivered.
Next on the list is the Wana gummies I also bought from CannMart. I will try them later this week, when I have a clean slate that day to properly judge.
Being an IR guy for this company can't be easy. I think part of the reason they are so quiet is they don't want others to rip off or replicate what their trying to accomplish.
I'm sure there is an internal milestone in the near future where they can say that they are a legitimate player in this space, and then start making more noise. I think that milestone might be Labz and perhaps the rumored name change.
If and when that name change happens, they better promote and market themselves like never before. Need some sort of angle to generate excitement in the brand.
Seems like Namaste has quite a few employees doing something Monday-Friday; Lets hope a couple of them are working on the marketing.
Drinking that Gio-whiney kool aid I see.
Meni is taking us to the stars, prepare for lift off fellas!
By the way I ordered a healthy amount of both chocolate and gummies off CannMart so I will let you guys know how it goes.
The Phyto vape cartridges they currently have are excellent quality compared to others I have tried from other sources. It’s important to mention that the pricing is reasonable too. You’d be crazy to buy random vape cartridges from brick and mortar for $50-$60+ each.
CannMart is where the magic happens kittens.
Everybody together now: “We will be your everything cannabis store!”
Meni bless your bum souls.
Don't do it! I'm not sure what your average is but I wouldn't unload now unless you're spooked at the market overall.
There's a good chance I will indirectly buy those shares from you tomorrow. If I don't, TheSilverBear will.
May Meni bless you either way!
Haha, and for goodness sake somebody fix the damn webpage design up in here. We need an upgrade!
Wow you weren't kidding. Probably one of the most significant reasons the SP has been stagnant is the Choklat debacle.
Just a straight up missed assignment there. *facepalm*
Is there still any chance we can take over Choklat with 51% like some speculated?
I like this idea. It would be nice to visually see what’s going on. Nobody has pictures of this place, not even SweetSweetLove?
Where is Meni right now though? I wish he would talk about the business more, and maybe take us on a tour to hear some wise words from the Board of Director sages.
Like Agreg said, “show us where the money went” haha.
What a blessing it would be if they got the Labz facility up and running now, I think we’d be heading to the moon with this current cannabis surge. Been waiting for so long! :’’’’)
I truly appreciate you trying to spruce the page up. Somebody please consider this; I say these things in a respectful and constructive way to whoever has the skill to build it:
- Current Namaste Logo at the top, that's great.
- Opening paragraph should be simply: "We are the future of cannabis." Possibly in bold letters.
- Lift this phrase off their website for the second paragraph except replace the word "unexpected" with "strategic." Like this:
"Reimagining the cannabis experience, we create innovative online platforms that deliver strategic value for customers, stakeholders and our global partners."
- I don't mind the 3rd paragraph but maybe include a perspective on how Namaste interacts with brands and producers in a lean and efficient way and include a brief, positive glimpse into the future.
- Try to find logos or banners of every company we have a stake in and line them up vertically in order of perceived importance. Or have a collage or grouping of them somewhere on the page instead.
If you don't like this idea, then at least please change spelling to "Australian Vaporizers."
- I think it would be great to even include the logos or banners of the Canadian provincial bodies regulating cannabis, or their provincial online cannabis store that have agreements in place with Namaste.
SweetSweetLove or someone similar would have a good grasp of current info concerning the above affiliations.
- Regarding the colour of the page, my thoughts would (from a marketing perspective) be to have the colours a combination of steel blue, white, teal and turquoise. This way it would better match the company colours and not connote the Namaste logo with hazy smoke.
Take a look at the Namaste website to understand my reasoning and for some of your inspiration on this project.
- I like the links to the company website, the filings etc. Watch the punctuation and capitalization of letters. The font seems close to what it should be.
I, and I'm sure many others, appreciate the effort. We have a pivotal week coming up.
Meni Bless!
I appreciate you saying that. I’m not much of a web designer though, I will leave that to the pros. :)
That being said, I figured that a facelift on this board might be a small but useful catalyst to attract potential investors.
If we can maintain any sort of momentum leading up to financials, more and more people will become interested in what is going on with this unique and poised company.
I looked at the yahoo boards several times today and noticed many people were watching.
Thanks again to SweetSweetLove, greenwillow, Scout72, meima1955, Agreg, dudeman41 and others for keeping the faith and putting in the work.
Who had a nice spring in their step today? These prices are still a massive bargain!
There are going to be new eyeballs on this page, so please, one of the mods update the company bio and some logos. Right now it’s like inviting a new girlfriend to your house and it’s a mess.
Time to advance to the next level. Meni showing that steady hand and confidence lately.
Keep building those straw men for an audience of one. :’’)
Looking forward to Q3. This thing is way undervalued, all aboard!
Meni bless the unwashed and the jealous!
To be honest, no. I picked a part in the middle and skimmed it.
Can't let Jealous-Gio win!
I understand the fear he is trying to peddle though, but it doesn't apply to this company.
Gio hasn't been absorbing what meima1955 has been saying forever now: "We are unique in the cannabis space."
Kids, lets say it together...
"We will be your everything cannabis store!"
What is the point of posting this junk here?
Do you even know what Namaste does?
Take a look at the slide show SweetSweetLove posted.
Namaste actually helps to solve some of the problems producers are facing.
For our (shareholders) stake, this company does actually seem to have a sustainable plan to be profitable while other companies are dropping like flies.
Q3 should bring some confidence to the market with the anticipated big revenue gains. Lots coming down the pipe in the next while!
Meni Bless!
I was hoping they would do this! Good call by management.
Namaste is an ugly sounding word (in my opinion) with negative connotations to the past.
We are in a different place now and judging by just the market share alone, we are becoming a real player in this space.
Meni has been delivering lately, lets keep it going! Wouldn’t be surprised to see one of those epic +40% days coming real soon.
What an opportunity for new Namaste investors to get in at these levels!
Slow and steady may win the race after all.
Wowww, way to go Meni! This thing is really coming together now.
If we can get similar agreements in the larger provinces...*rubs hands together & smiles*
Look at where we were business-wise a year ago and look where we are now. It looks like there is a lot more coming down the pipe too!
Nice to see some very promising news the past several days! I’m going to buy a healthy amount of shares tomorrow and add them to the collection.
All I’m really pleading for is some energy and transparency. I don’t think it’s too much to ask.
For the record, Canada’s Last Manbun was before my time. Believe me, I’d rather have a guy like Meni running the company.
I’m just thinking though, all those big brains in the board room and virtually nothing coming out that moves the needle.
One thing Namaste has given me besides a couple gray hairs, is the patience of a Saint...
So may Namaste Bless you and yours.
Can anyone explain the strategy of no news releases regarding new product offerings? Maybe I’m missing something here.
Thank you in advance, it would be a great thing to see.
We as N investors need some brain stimulation from the company soon. Give us something to get excited about!
No matter what, I still believe the patient will be rewarded here. Good working relationships with governments can lead to lucrative deals in the future.
Namaste Bless!
I know we have all been sitting on the Launch Pad for over a year, but kindly trust that Meni is hard at work, putting the finishing touches on the "dull stuff" he was referring to. It is to ensure this rocket will get us to the Moon.
Can we please get a mod to update this page? A more current business introduction is needed, some business logos need to be updated/removed/added, etc.
I was thinking the same thing, not the greatest way to end that post. The last year has been dull and the message being projected sounds like there more dullness to come.
Even though the Choklat debacle seems to be mostly Brads fault, it’s absolutely inexcusable to completely ditch out of all that revenue which seemed to be right there for the taking. Maybe one day we will all understand but right now it’s just so cringey.
I really want to believe in this company. The “show not tell” line was exciting for a while but now I would trade some shows for tells, just to keep interested.
I haven’t bought any new shares for a long time. Sitting at 74,000 or so at 0.54 C. At these prices I will probably try and load up more in hopes of making the great escape easier during the next run up.
Thanks again SSL and others for being such warriors out there.
Looking forward to a burst of positivity and excitement surrounding this company someday lol.
It has been said before, but would a name change be a good idea at some point here? I’m not sure how it has worked historically for other companies, but a better name would be great. The word Namaste annoys me but maybe I will love it when the PPS climbs higher. Maybe just go by CannMart? I don’t know. MeniMart?
My gut still says one day Meni is gonna deliver the goods in a huge way...I just want to be relatively young still when that happens....
MeniMart bless!!!
It's showtime for this company. The financials that many have been talking about for a year-plus are on the way...hopefully on schedule!
I remember reading long ago about how this quarter should be the turning point. Maybe we can get the SP run we've all been waiting for. Gotta love the mornings when you wake up and N is +40%. Lets have another epic run for old times sake!!
While the company seems to be shedding dead weight while expanding intelligently, the rolling out of edibles on CannMart and other places has been a comedy to watch. I try not to think about it too much!
It would be such a gift to get upward trajectory here from the fins and hopefully some other news releases sprinkled in. Give us something to talk about at least, I beg you.
We need further expansion across Canada's provinces and territories. Still a ton of work to do while other countries in Namastes' long term plans work on legalizing and regulating.
While day-dreaming this morning I imagined Meni walking into "Shark Tank" or "Dragons' Den" and making a pitch on behalf of Namaste in its current form. What would the Sharks' reaction be? Would they make an offer?