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  1. #301
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    Quote Originally Posted by Jerry View Post
    I hear on RNZ that there are 50 firms keen to start up cannabis manufacture. Is Cannasouth the only one on the NZX? What does it have that the other 50 don't?
    Yes, Cannasouth is the only one on NZX . They use a very approaching and practical method by : buying and acquired Land to Grow for themselves and got 60% in Midwest Pharmaceutics ( which allow them to manufacturing and produce without waiting for a license to produce as others ,this is very costly and time effective.)
    • Cannasouth expands with acquisition of an initial 60% stake
    in Midwest Pharmaceutics NZ Limited (Midwest).
    • The acquisition will accelerate Cannasouth’s development of
    its medicinal cannabis business in New Zealand and will
    provide immediate revenues from the date of acquisition.
    • The acquisition will add significantly to the suite of
    licences that can be utilised by the Cannasouth group.
    • The acquisition complements the recent joint venture
    entered into with Mr Aaron Craig to form Cannasouth
    Cultivation Limited for the development and cultivation of
    medicinal cannabis in the Waikato region.
    • The acquisition significantly progresses the Company’s key
    vertical integration strategy “from seed to sale”.

    The others are flashing the cash
    Last edited by tomm; 26-12-2019 at 09:41 PM.

  2. #302
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    https://www.bbc.com/news/world-us-canada-50664578

    Not all roses and honey for Canada”s investors... who invested in cannabis companies.

  3. #303
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    Quote Originally Posted by carrom74 View Post
    https://www.bbc.com/news/world-us-canada-50664578

    Not all roses and honey for Canada”s investors... who invested in cannabis companies.
    Read this
    https://themarketherald.com.au/insid...arket-2019-12/

  4. #304
    Legend Balance's Avatar
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    Feb 2003
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    Quote Originally Posted by tomm View Post
    Tip sheet.

    Be careful of just seeking positive affirmation when assessing stock.
    Last edited by Balance; 31-12-2019 at 08:05 AM.

  5. #305
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    This is amazing to see as though we are losing on the battle of antibiotics-resistant bacteria but now.
    Cannabis compound could be weapon in fight against superbugs.


    Mice cured of MRSA, raising hopes of treating antibiotic-resistant bacteria

    https://www.theguardian.com/society/...inst-superbugs
    Last edited by tomm; 20-01-2020 at 12:49 PM.

  6. #306
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    Aug 2019
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    Govt calls on Saatchi & Saatchi to tell Kiwis about cannabis/euthanasia referenda

    https://www.nzherald.co.nz/business/...ectid=12304648

  7. #307
    Senior Member
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    May 2018
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    Quote Originally Posted by tomm View Post
    Govt calls on Saatchi & Saatchi to tell Kiwis about cannabis/euthanasia referenda


    https://www.nzherald.co.nz/business/...ectid=12304648
    Unlimited funds in this Government's coffers

  8. #308
    ShareTrader Legend bull....'s Avatar
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    Jan 2002
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    auckland, , New Zealand.
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    10,993

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    as the debate rages over yes or no vote at the referendum wonder how many companies will survive if there business models rely on recreational and medicinal.

    https://www.nzherald.co.nz/nz/news/a...ectid=12310176

    of course the vote should have been

    yes to legalize

    no to legalize

    yes to decriminalize

    but of course politicians are not know for common sense
    one step ahead of the herd

  9. #309
    Guru
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    May 2015
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    http://nzx-prod-s7fsd7f98s.s3-websit...786/318584.pdf

    Cannasouth big wig probably knows better than most that the music has a very real chance of stopping soon (in which case the shares will be worthless) and dumping big time it would seem... doesn't exactly scream confidence that weed will be legalized in about 6 months... Surprised how high the share price still is for a company that has generated nearly $0 revenue (and may never generate much more than $0 in revenue)... yet its worth nearly $50 million bucks (and that's despite the large step down in valuations around the world in recent times)
    Last edited by trader_jackson; 11-03-2020 at 04:03 PM.

  10. #310
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    Jun 2012
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    Quote Originally Posted by Balance View Post
    Tip sheet.

    Be careful of just seeking positive affirmation when assessing stock.
    Where are you mr balance? You can really go to town on this one. Not many would disagree with your aversion to a back door like this classic example. NZX are negligant in not insisting on at least a three year escrow on promoters stock. Put the boot in.

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