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Old 03-20-2019, 10:36 AM   #301
DoctorZangief
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Re: Wanna get high? ... Investing in marijuana

Hmmmm I'd consider researching Valens (VGW.CN/VGWCF). Tiny market cap extraction company with promising Canadian partnerships to provide oils/concentrates. Vapes and oils have all of the coolness factor and I predict the category of products is going to dominate the recreational market eventually. Extracts are cheap to produce and can use discount weed.
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Old 03-20-2019, 11:38 AM   #302
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Re: Wanna get high? ... Investing in marijuana

Didn't they sign an extraction agreement with TGOD this month?

EDIT: https://www.prnewswire.com/news-rele...300809693.html
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Old 03-21-2019, 07:31 AM   #303
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Re: Wanna get high? ... Investing in marijuana

Canaccord Genuity lowered its price target on TGOD (basically to where it is now), and apparently now lists it as a "speculative buy."

I'm not sure this means much. The earnings had little new, the strategy hasn't changed, I don't see the risks changing ... I'm still looking towards Q3-4 for revenues, but as we've mentioned in this thread, the company is a step behind and seems deliberate (read:measured; read:slow) .... I don't think they're going to have a problem growing and selling organic weed, but we will see ....
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Old 03-25-2019, 09:30 AM   #304
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Re: Wanna get high? ... Investing in marijuana

TGOD announced this morning they've launched online sales. That's good news, but it's also a tiny pilot--200 patients. I doubt the market will care much.

I'm not an expert on Canadian city council meetings (or any city council meetings, for that matter), but this will probably be a bigger deal this week.

Quote:
CITY OF HAMILTON
MOTION
Council: March 27, 2019
MOVED BY COUNCILLOR T. WHITEHEAD.........................
SECONDED BY COUNCILLOR ......................
Local Planning Appeal Tribunal appeals by The Green Organic Dutchman
Holdings Limited (PL180732 and PL180818) settlement proposal (LS19006) (Item
13 of Planning Committee Report 19-003)
WHEREAS the following motion was deferred at the February 27, 2019 Council meeting
to provide the Ward Councillor with an opportunity to discuss the implications of
approving the recommendation in Report LS19006 respecting Local Planning Appeal
Tribunal appeals by The Green Organic Dutchman Holdings Limited (PL180732 and
PL180818) settlement proposal.
THEREFORE BE IT RESOLVED:
That the recommendation in Report LS19006 respecting Local Planning Appeal
Tribunal appeals by The Green Organic Dutchman Holdings Limited (PL180732 and
PL180818) settlement proposal, be approved.
My hunch is that an approval is baked into the stock price but that a rejection wouldn't be good.

My premise has always been that TGOD was overlooked because it was so far behind. The buzz around earnings drove a lot of interest, but that interest seems to have dropped off and the stock price has dipped back. I don't think either the sales news or an approval this week will change that.

Just my thoughts; I have no intention of selling my position any time soon.
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Old 03-25-2019, 12:44 PM   #305
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Re: Wanna get high? ... Investing in marijuana

I put a 3/27 straddle on CRON @20.50 in anticipation of earnings.
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Old 03-26-2019, 09:40 AM   #306
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Re: Wanna get high? ... Investing in marijuana

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I put a 3/27 straddle on CRON @20.50 in anticipation of earnings.
Looking like mistakes were made lmao.
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Old 03-26-2019, 12:04 PM   #307
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Re: Wanna get high? ... Investing in marijuana

I'm not entering into any long trades on CRON
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Old 03-26-2019, 12:09 PM   #308
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Re: Wanna get high? ... Investing in marijuana

Their earnings we're terrible. I got out of the call first thing this morning and bought another put. Gonna ride it out now. Have until Friday for a bloodbath. They have a lot of sentiment to burn through, but "experts" are already turning on them.

They should be closer to tgod based off what I saw
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Old 03-26-2019, 12:14 PM   #309
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Re: Wanna get high? ... Investing in marijuana

That deal with Altria though... On fundamentals they should be like 1/5th of what they are right now, maybe.

I want to start looking at shorting more of these stocks but have chickened out on ACB and CRON both within the past 3 weeks.
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Old 03-26-2019, 12:25 PM   #310
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Re: Wanna get high? ... Investing in marijuana

I put some gambling funds on Robin Hood and am just going for it. It's been a fun learning experience so far.
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Old 03-26-2019, 01:15 PM   #311
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Re: Wanna get high? ... Investing in marijuana

I haven't touched this sector since the fall, but I don't get the case for trying to short CRON based off the most recent results. If I had to make a bet on which of these companies might still be around ten years from now, I would bet on them. The backing of the largest tobacco company in the world makes them a clear favorite to win this race IMO.
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Old 03-26-2019, 01:19 PM   #312
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Re: Wanna get high? ... Investing in marijuana

I was just sorting the earnings call based on the fundamentals in the face of a 15% pump. A 15% pump that was anticipating a really good earnings call.

For example, tgod pumps in anticipation of good earnings, actually had those good earnings, and still Drew back almost 10% the next day.

Still a lot of time until Friday, but it's certainly not looking good for me this moment

Last edited by coordi; 03-26-2019 at 01:34 PM.
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Old 03-26-2019, 03:54 PM   #313
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Re: Wanna get high? ... Investing in marijuana

jkc, why short acb with a partnership looming?

Last edited by btc; 03-26-2019 at 04:06 PM.
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Old 03-26-2019, 06:04 PM   #314
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Re: Wanna get high? ... Investing in marijuana

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jkc, why short acb with a partnership looming?
Partnership been looming forever now. 6 months at least.

They are just overvalued. I think Canadiann MJ stocks in particular are overvalued. They've not spent their first mover advantage well and now the U.S. companies are coming online and will dominate the market.
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Old 03-27-2019, 07:09 AM   #315
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Re: Wanna get high? ... Investing in marijuana

TGOD CEO Brian Athaide did a 90-minute interview at McGill U last night (believe he did undergrad there). It was imo very good: an excellent look at TGOD's plans as well as where the company's management sees the cannabis market going, and how they view Canada's first-mover advantage globally.



Athaide seems sharp, not overly polished or blustery (perhaps I'm just used to watching energy CEOs).

There's an exchange where the interviewer wants to discuss the potential risks of cannabis and its widespread use, and Athaide presses back. I wan't a fan of this exchange for a few reasons. Mostly they seemed to talk past one another.

Hamilton siting decision expected today (after 5 p.m.), and there seems to be some weird twitter chatter I can't follow, people are expecting something ...

CRON is off like 5% premarket, coordi ...

EDIT: On the video, 6:00-11:00 discusses management.

Last edited by ElSapo; 03-27-2019 at 07:17 AM.
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Old 03-27-2019, 09:28 AM   #316
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Re: Wanna get high? ... Investing in marijuana

If it drops another .50 I'll be looking really good. I'll have a decision to make because I can probably get out of it break even this morning. It should drop but I think I should maintain a certain level of pessimism about retail holders. There is still a lot of sentiment to burn through.

I'm thinking of letting it run at the moment. Might as well. I'm not claiming an edge, but I think I should see it out. Stand behind my conviction, so to say
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Old 03-27-2019, 10:16 AM   #317
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Re: Wanna get high? ... Investing in marijuana

Well, they didn't make it too hard on me. Just have to decide on a bottom now.
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Old 03-27-2019, 12:29 PM   #318
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Re: Wanna get high? ... Investing in marijuana

Got out of Cronos. Had no real price plan and hard to imagine it tanking significantly more than 18.

Tgod is getting hammered today, same with Hexo. Is it just a space thing or is there some new I'm missing?
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Old 03-27-2019, 12:42 PM   #319
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Re: Wanna get high? ... Investing in marijuana

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Got out of Cronos. Had no real price plan and hard to imagine it tanking significantly more than 18.

Tgod is getting hammered today, same with Hexo. Is it just a space thing or is there some new I'm missing?
An analyst I follow attributes it to three downgrades of Cronos + repricing after a runup the last couple of months. It seems to be a very broad sell-off.

Would not be surprised to see TGOD get some back at the end of the day, heading into the council vote. Or not.

Absent changes in the market or company, I've kind of resigned myself to a bumpy-but-likely-upwards trajectory for the next six months or so. Could also b wrong and it's smooth-down, I guess.
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Old 03-27-2019, 01:16 PM   #320
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Re: Wanna get high? ... Investing in marijuana

Quote:
Originally Posted by ElSapo View Post
An analyst I follow attributes it to three downgrades of Cronos + repricing after a runup the last couple of months. It seems to be a very broad sell-off.

Would not be surprised to see TGOD get some back at the end of the day, heading into the council vote. Or not.

Absent changes in the market or company, I've kind of resigned myself to a bumpy-but-likely-upwards trajectory for the next six months or so. Could also b wrong and it's smooth-down, I guess.
Looks like one of those days. 95% of the stocks on my watchlists are red today, not just the pot stocks.

I have way too much free time at work for the next couple months so I'm probably more involved than I should be in the day-to-day of thlis ****.
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Old 03-28-2019, 07:03 AM   #321
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Re: Wanna get high? ... Investing in marijuana

I'm not trying to overrun this thread with TGOD stuff, so if it's annoying then say so. otoh, I try to post facts.




Hamilton CC approved settlement, should allow TGOD greenhouse to go from planting "mums" to weed. Total disclosure, snagged the image from twitter, city council meeting was just too boring for me to finish.

EDIT: Removed image of a tweet that said TGOD CEO would be on CNBC w Cramer on Friday. Appears to be recycled from a 2018 appearance.

Last edited by ElSapo; 03-28-2019 at 07:33 AM.
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Old 03-28-2019, 02:09 PM   #322
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Re: Wanna get high? ... Investing in marijuana

tgod = flower power. From mums to mary, they got you.
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Old 04-01-2019, 12:03 PM   #323
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Re: Wanna get high? ... Investing in marijuana

I've been hesitant to get into IIPR because it's been so pumped, but I think it's at a level I'm more comfortable with at the moment. If the sector continues to draw back I'll just add a little more
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Old 04-02-2019, 10:03 AM   #324
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Re: Wanna get high? ... Investing in marijuana

I'm taking a ACB call position for 5/17 in hopes that people will accumulate into earnings, which is fairly typical for the space.
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Old 04-03-2019, 07:21 AM   #325
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Re: Wanna get high? ... Investing in marijuana

Aurora raising money ...
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