Medicinal marijuana

**Joshuatree** · 22-12-2017, 04:33 PM

Genuine queries not down ramping or up.
Income has doubled from $8,000 to $16,000

in the half . When do you predict income really starts? It does seem polished and savvy and Global , lots of announcements(esp in nov!) it all sounds great. I make it re A$26. 5 mill in SPP raised in total . As stevo says there are a lot of players. Have you looked at some of the others. i have( but have forgotten most of it) and invested in two and took profits, BOT and MDC earlier .

Directors have not taken up any of the spp

never a good look.
Big shortfall the underwriters are stuck with @$1.10. Unhappy overhang.
S/P down re 36-40% since
Will the rollup buys and Jv's etc carry on or will they bed these in and get some turnover going in 2018?.
Directors have re 7.5 mill shares in lieu of remuneration
and 17,400,000 performance rights some at low hurdles imo.
Mkt cap $69.2 mill plus oppies etc.

**stevo1** · 22-12-2017, 04:50 PM

Originally Posted by Joshuatree

Genuine queries not down ramping or up.
Income has doubled from $8,000 to $16,000

in the half . When do you predict income really starts? It does seem polished and savvy and Global , lots of announcements(esp in nov!) it all sounds great. I make it re A$26. 5 mill in SPP raised in total . As stevo says there are a lot of players. Have you looked at some of the others. i have( but have forgotten most of it) and invested in two and took profits, BOT and MDC earlier .

Directors have not taken up any of the spp

never a good look.
Big shortfall the underwriters are stuck with @$1.10. Unhappy overhang.
S/P down re 36-40% since
Will the rollup buys and Jv's etc carry on or will they bed these in and get some turnover going in 2018?.
Directors have re 7.5 mill shares in lieu of remuneration
and 17,400,000 performance rights some at low hurdles imo.
Mkt cap $69.2 mill plus oppies etc.

That is interesting hmmmm I will see how it goes if it drops 12.5% below my entry Im out

**cgj1** · 22-12-2017, 08:52 PM

Purchased some MMJ shares at 0.385. Hopefully it will be a multi bagger in 2018 and beyond.

**Yoda** · 27-12-2017, 09:43 PM

Originally Posted by Joshuatree

Genuine queries not down ramping or up.
Income has doubled from $8,000 to $16,000

in the half . When do you predict income really starts? It does seem polished and savvy and Global , lots of announcements(esp in nov!) it all sounds great. I make it re A$26. 5 mill in SPP raised in total . As stevo says there are a lot of players. Have you looked at some of the others. i have( but have forgotten most of it) and invested in two and took profits, BOT and MDC earlier .

Directors have not taken up any of the spp

never a good look.
Big shortfall the underwriters are stuck with @$1.10. Unhappy overhang.
S/P down re 36-40% since
Will the rollup buys and Jv's etc carry on or will they bed these in and get some turnover going in 2018?.
Directors have re 7.5 mill shares in lieu of remuneration
and 17,400,000 performance rights some at low hurdles imo.
Mkt cap $69.2 mill plus oppies etc.

Thanks JT and all,
very helpful.
yep not much of an income, but it is illegal in most places still , so this will be interesting to see how it plays out,
there is a lot of people wanting it legally and willing to pay for chronic pain and MS symptoms .
Try this!
https://thesacredplant.com/docuseries/
a bit cheesy in place but very interesting .

looks like the SP might have stopped falling .
Thanks guys for mentioning the others,good to look at .
not all cannabis is the same, with many different kinds and different levels of compounds. I need to study it a bit more. My kids want to move their NTL SHARES TO THIS NOW ..,! ,!
Last year was a fantastic year for my portfolio. Maybe these will help 2018 be as good .

**stevo1** · 28-12-2017, 12:59 PM

Originally Posted by Yoda

Thanks JT and all,
very helpful.
yep not much of an income, but it is illegal in most places still , so this will be interesting to see how it plays out,
there is a lot of people wanting it legally and willing to pay for chronic pain and MS symptoms .
Try this!
https://thesacredplant.com/docuseries/
a bit cheesy in place but very interesting .

looks like the SP might have stopped falling .
Thanks guys for mentioning the others,good to look at .
not all cannabis is the same, with many different kinds and different levels of compounds. I need to study it a bit more. My kids want to move their NTL SHARES TO THIS NOW ..,! ,!
Last year was a fantastic year for my portfolio. Maybe these will help 2018 be as good .

Sp of CPH seem to be moving in the right direction up 14.9% since buy in.Now at 92.5

**airedale** · 28-12-2017, 01:48 PM

AC8 and CAN up 9% and 6% respectively today.

**FIsaver** · 02-01-2018, 09:00 AM

All go in California looking forward to see what 2018 brings us.

**Joshuatree** · 03-01-2018, 01:58 PM

Technically re 1 in 4 or 5 americans can now buy medicinal/ recreational pot. But many actually cant purchase it at this point due to incomplete documentation/laws etc. And some in the Whitehouse are dead against it ,Sessions for one and trying to halt ,slow it. Concessions made by some states/companies are onerous, its a tax grab, up to 80% tax on pot!! And the medicinal stuff is hugely expensive atp, only the rich can afford it.

My feeling is medicinal stocks are volatile with too much noise, expectation and current popularity in them to treat them as investments; more as trades imo . There is really BIG money involved in the states and canada so i guess they will win out but the business landscape will be littered with wannabe ticker carcasses imo, be careful and nimble on these imo.