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  1. #21
    IMO
    Join Date
    Aug 2010
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    Floating Anchor Shoals
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    9,696

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    I think Hikurangi may have already done that bull down the coast there, but its called weed because its so easy to grow.So unless they can value add produce unique products alot will go up in smoke. Hikurangi are doing things like looking at the whole plant and mixing manuka honey with the ground up roots for example and coming uo with some innovative ideas.

    I got in to one or two of the plethora of marijuana stocks that appeared on the ASX a year or two back and got out quickly too with profits. many have fallen away since

  2. #22
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,480

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    Quote Originally Posted by Joshuatree View Post
    I think Hikurangi may have already done that bull down the coast there, but its called weed because its so easy to grow.So unless they can value add produce unique products alot will go up in smoke. Hikurangi are doing things like looking at the whole plant and mixing manuka honey with the ground up roots for example and coming uo with some innovative ideas.

    I got in to one or two of the plethora of marijuana stocks that appeared on the ASX a year or two back and got out quickly too with profits. many have fallen away since
    The goldrush begins - and as the old adage goes, the easy money is to sell shovels, buckets and food to the ever eager gold miners at exorbitant prices.

  3. #23
    IMO
    Join Date
    Aug 2010
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    Floating Anchor Shoals
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    9,696

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    So what are you selling balance. Im out and gone btw with my nuggets

  4. #24
    Member
    Join Date
    Jan 2017
    Posts
    54

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    Yep I'll be joining into the IPO. Have stayed away to date from NZ companies to date (not my cup of tea). Will be good to join finally.

  5. #25
    Senior Member
    Join Date
    Jun 2014
    Location
    Mid of Middle_earth
    Posts
    1,024

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    I received the PDS of Cannasouth Ltd. from ASB late this afternoon re offering 50 cents/share. But no, I'm NOT buying into this.

  6. #26
    Guru
    Join Date
    May 2015
    Posts
    2,601

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    https://app.companiesoffice.govt.nz/...e87ba1decf949f

    Here is a direct link to the PDS of this company for those that are interested, although I am personally not interested.

  7. #27
    Member
    Join Date
    Jan 2017
    Posts
    54

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    I like it, but $50,000,000 MC I don't know about that seems too steep.

  8. #28
    2019 NZ Stock Picking Winner silverblizzard888's Avatar
    Join Date
    Oct 2013
    Posts
    1,132

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    Capital raising starting 27th May and closing 14th June
    http://www.voxy.co.nz/business/5/338713

    Listing will occur on 19th June
    https://www.nzherald.co.nz/business/...ectid=12231770

    Annual Report 2019
    https://www.cannasouth.co.nz/investors/reports-news/

  9. #29
    Member
    Join Date
    Sep 2016
    Posts
    109

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    Well said Lewy. There is a place for medical THC in pain relief. I stand firmly in the scientist/analyst corner and will look for the investment opportunity for this be it NZ, Oz or US/Canada. Can’t be bothered with the emotion of those who form opinion solely from social media banging on about their human rights. Rather be watching for the next ATM!
    Last edited by whome; 19-05-2019 at 10:27 AM. Reason: added to post

  10. #30
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,292

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    No revenue, no products, perfect what could possibly go wrong. I'm in for flutter if I can get some.

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