Mettrum is position in an uniquely brilliant place...
The new regs might legalise edibles.
Maybe that is why MT has really taken off over the past few weeks, as it is a food company, and I think they are now selling (non canna) products to some 2,000 stores in the USA.
Our 11 months investment in MT is up 95%.
Latest rumour in US: the DEA are going to take CBD out of Schedule 1, (but not THC) that means companies manufacturing CBD oils are going to gap up.
Maybe gap up big time … like historic gap ups.
The same time as we bought into MT, we also made an investment, private placing, in the Irvine, California company PROCANA,
and that could zoom up.
IMO this could turn into a 10 bagger or a 20 bagger…
I think a big med company could buy it out, giving us 10 times our money.
OR
Chris Lombardi and his PROCANA Board (mostly doctors / med researchers) could just keep expanding on a positive cash flow basis until they IPO the company (probably Nasdaq, and possibly with med / cancer products based on their CBD research)
and again investors are looking at returns of a 10 bagger or even a 20 bagger.
Anyone who gets into PROCANA even now could see their investment gap up big time in a very short time.
And I believe an MT investment will mean... Happy Christmas…
In my opinion:
Anyone who now buys and holds Canada canna stocks until this time next year will double if not treble their investment.
Anyone who invests in CBD manufacturing in the US now may see even higher returns.
Recent MT News
- Nippon Steel agrees to sell its interest in Calvert to ArcelorMittal, at the request of NSC pursuant to its agreed acquisition of US Steel • GlobeNewswire Inc. • 10/11/2024 06:30:00 AM
- ArcelorMittal announces recommendations from dss+ workplace safety audit • GlobeNewswire Inc. • 10/09/2024 06:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/25/2024 04:12:33 PM
- ArcelorMittal holds investor day in India • GlobeNewswire Inc. • 09/25/2024 09:30:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/06/2024 06:52:07 PM
- ArcelorMittal S.A.: ArcelorMittal completes acquisition of strategic stake in Vallourec • GlobeNewswire Inc. • 08/06/2024 05:28:59 AM
- ArcelorMittal S.A.: ArcelorMittal announces publication of its 2024 half-year report • GlobeNewswire Inc. • 08/02/2024 04:02:09 PM
- ArcelorMittal S.A.: ArcelorMittal reports second quarter 2024 and half year 2024 results • GlobeNewswire Inc. • 08/01/2024 05:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/24/2024 12:43:47 PM
- ArcelorMittal S.A.: ArcelorMittal announces publication of its second quarter 2024 sell-side analyst consensus figures • GlobeNewswire Inc. • 07/23/2024 03:04:48 PM
- Microsoft and Apple Exit OpenAI Board, TSMC Exceeds Forecasts with Record Revenue, and Other Key Updates • IH Market News • 07/10/2024 10:42:17 AM
- Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 07/08/2024 08:32:39 PM
- ArcelorMittal S.A.: ArcelorMittal publishes its 2023 Payments to Governments in respect of Extractive Industries report • GlobeNewswire Inc. • 07/01/2024 09:29:34 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/17/2024 05:23:50 PM
- Blackrock Inc. shareholding notification • GlobeNewswire Inc. • 06/12/2024 04:30:00 PM
- ArcelorMittal Announces Pricing of Bond Issue • GlobeNewswire Inc. • 06/11/2024 06:00:00 AM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/17/2024 10:01:05 AM
- ArcelorMittal S.A.: ArcelorMittal reports first quarter 2024 results • GlobeNewswire Inc. • 05/02/2024 05:00:00 AM
- ArcelorMittal announces results of its General Meeting • GlobeNewswire Inc. • 04/30/2024 04:15:00 PM
- ArcelorMittal S.A.: ArcelorMittal announces the publication of its first quarter 2024 sell-side analyst consensus figures • GlobeNewswire Inc. • 04/25/2024 12:27:06 PM
- ArcelorMittal S.A.: ArcelorMittal publishes its 2023 Integrated Annual Review • GlobeNewswire Inc. • 04/23/2024 01:10:41 PM
- ArcelorMittal S.A.: ArcelorMittal publishes interim update on its company-wide safety audit • GlobeNewswire Inc. • 04/10/2024 02:45:00 PM
- ArcelorMittal publishes convening notice for its Annual General Meeting of shareholders • GlobeNewswire Inc. • 03/29/2024 07:00:00 AM
- ArcelorMittal announces publication of the 2023 statutory financial statements of ArcelorMittal parent company • GlobeNewswire Inc. • 03/27/2024 07:15:00 PM
- ArcelorMittal publishes revised analyst model per new segmental reporting • GlobeNewswire Inc. • 03/27/2024 09:30:00 AM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM