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Post by vzveteran on May 22, 2020 19:15:44 GMT
I've been too ashamed to even post about this company for awhile. Trading under a dime for a month now. New management after a shakeup again. I do believe that there is a brighter future for this Craft pot company. Not much debt, large Nevada license holder and still the only Triple Certified Organic producer in the US and a High Times Award Winner. I have not sold a single share since 2018. Annual Meeting taking place April 23 it will be call in only this year. On another note ...some of you I have been around for years and I have much respect for you. So, I'm putting this out here so we may know where one is coming from. excuse me if it doesn't belong. I'm almost 66 years old and my Wife and business partner of 42 years just passed. Money helps but, it's not the most important thing. Love your family and enjoy your time with them as all our time here is too short. Godspeed and GLTA Here ! I just saw this post...so sorry for your loss..
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Post by vzveteran on May 22, 2020 19:51:40 GMT
I did a double take to see CGOTF is up over 58% with volume. I put a few chips on this months ago, just to keep it on my radar...nice to finally see movement.
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Post by actcrazy on May 24, 2020 5:13:56 GMT
I did a double take to see CGOTF is up over 58% with volume. I put a few chips on this months ago, just to keep it on my radar...nice to finally see movement. Thank you! I am glad you held your shares. This got beaten down for choosing the wrong partner. All that is in the past. The company still owns 320,000 sq. ft. of Nevada licenses. Management answered all my questions at the virtual AGM. Maybe positive ebitda 4th quarter ? The only dispensary they own is in desert Hot Springs and it's doing well as PR'd yesterday! They received a credit on some inferior lighting we learned and now have even better mostly paid for. Still the only Triple Certified Organic Flower in the USA. All of their product is pre-sold except what they hold back for the state of art Kitchen. They are about to close on the sale of the Washington State 14 acre site and licenses asset as it is difficult for them to operate their. Next year they may do a dispensary or two in Nevada. If management will only hold off on giving themselves bonuses too early on the way back up. I grabbed a monster pile in the .06 and .07 range and brought my long average way down. Nice to see it settled at 49 % up. Still very cheap if they continue on this new path. The Washington funds are to be used for further build out in Nevada. They never had to shut down the last two months which may or may not help since the Tourists were gone but, remember, it's all pre sold, so we'll see...GLTA Here
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Post by lcd on May 29, 2020 13:40:10 GMT
I've been too ashamed to even post about this company for awhile. Trading under a dime for a month now. New management after a shakeup again. I do believe that there is a brighter future for this Craft pot company. Not much debt, large Nevada license holder and still the only Triple Certified Organic producer in the US and a High Times Award Winner. I have not sold a single share since 2018. Annual Meeting taking place April 23 it will be call in only this year. On another note ...some of you I have been around for years and I have much respect for you. So, I'm putting this out here so we may know where one is coming from. excuse me if it doesn't belong. I'm almost 66 years old and my Wife and business partner of 42 years just passed. Money helps but, it's not the most important thing. Love your family and enjoy your time with them as all our time here is too short. Godspeed and GLTA Here ! actcrazy, I am just seeing this now too. While we don't even know each other's names, we have been working together for several years. I am very sorry to hear about the loss of your wife. Please take care.
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Post by actcrazy on May 31, 2020 3:47:05 GMT
Thank you Lcd, I always remember my Dad's saying "nobody gets out alive". It's a strange time for many. Best to you and yours. GLTA Here!
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Post by lcd on Jan 22, 2021 13:16:28 GMT
Does anyone on the board own cannabis stocks now? An old friend of mine, who is a VERY successful investor, thinks this market in 2021 will be trendier than the EV market but actually profitable. He owns Ayr Strategies ($AYRWF) which operates in multiple US States and has been purchasing competitors over the last year. With the new administration, any chatter about legalization could lead to an explosion in this sector and if they actually do de-regulate marijuana then these companies can trade on NASDAQ or NYSE, which will create a significant increase in price. I should have gotten in last fall, but I told myself never to buy pink sheet or OTC stocks again after losing some money in them years ago. I am looking to pick up some shares now in AYRWF and can hopefully find some other companies with potential in this market.
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Post by selluwud on Jan 22, 2021 13:40:20 GMT
Does anyone on the board own cannabis stocks now? An old friend of mine, who is a VERY successful investor, thinks this market in 2021 will be trendier than the EV market but actually profitable. He owns Ayr Strategies ($AYRWF) which operates in multiple US States and has been purchasing competitors over the last year. With the new administration, any chatter about legalization could lead to an explosion in this sector and if they actually do de-regulate marijuana then these companies can trade on NASDAQ or NYSE, which will create a significant increase in price. I should have gotten in last fall, but I told myself never to buy pink sheet or OTC stocks again after losing some money in them years ago. I am looking to pick up some shares now in AYRWF and can hopefully find some other companies with potential in this market. I was in, but now out. too many unexpected twist and turns............like a bad seed pop!
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Post by lcd on Jan 22, 2021 14:42:56 GMT
Against my own rule about pink sheets, I now own AYRWF.
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Post by JHam on Jan 23, 2021 16:44:24 GMT
Does anyone on the board own cannabis stocks now? An old friend of mine, who is a VERY successful investor, thinks this market in 2021 will be trendier than the EV market but actually profitable. He owns Ayr Strategies ($AYRWF) which operates in multiple US States and has been purchasing competitors over the last year. With the new administration, any chatter about legalization could lead to an explosion in this sector and if they actually do de-regulate marijuana then these companies can trade on NASDAQ or NYSE, which will create a significant increase in price. I should have gotten in last fall, but I told myself never to buy pink sheet or OTC stocks again after losing some money in them years ago. I am looking to pick up some shares now in AYRWF and can hopefully find some other companies with potential in this market. I do as of yesterday 😅 There is a new thread here. The more I learn about this company and the cannabis sector, the more I agree with your friend. I’ve spent a good chunk of my weekend reading cannabis blogs, boards, and investor boards like... technical420.com
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Post by actcrazy on Feb 4, 2021 2:19:59 GMT
CGOTF changed name again to correspond to their award winning Flower. FIORF (Fireflower) I am still sitting on Half a Million Shares down about 42 percent. New Board and New direction. If this gets to where I'm only down 20 percent I will probably jump ship. I think this new administration is going to Prison. Like Marimar I believe the Military will take over as per Trumps Executive Order of Sept 2018. The old US Corporation will be dissolved and we will go back to a Constitutional Republic. The 2nd. Declaration of Independence has already been written. This is a movie your watching and all the people needed to be shown what the Socialists had in store . Now that more and more are waking up and ready to be consoled to get a grip on the new reality. Grab some popcorn we are at the best part of this movie.
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Post by lcd on Oct 15, 2021 20:26:01 GMT
Not sure if anyone is still holding marijuana stocks, but they currently make up the largest part of my non-401k portfolio. I have large holdings in Ayr Wellness (AWYRWF) and Glass House Brands (GLASF). Both are red right now, but I bought these looking ahead 3-5 years and will keep investing and diversifying in the industry. Below is an article a good friend from college wrote about the value proposition he sees for the cannabis industry; www.mindsetcapital.com/wp-content/uploads/2021/10/The-Cannabis-Manifesto.pdf
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Post by lcd on Nov 7, 2021 23:30:00 GMT
Marijuana stocks spiked at the end of the day Friday after reports that Rep. Nancy Mace (R-SC) is writing a legalization bill that seems to go a bit further than Dem legislation to ensure existing companies are protected during the federal legalization process. It is not clear if any other Republicans will sign on, but all the stocks I follow shot up at the end of the trading day. Green Thumb ($GTBIF) went up about 13% Glass House ($GLASF) went up 4% Ayr Wellness ($AYRWF) went up about 13% To me this shows how ripe this industry is to spike as legalization inevitably happens. www.marijuanamoment.net/republican-led-bill-to-legalize-and-tax-marijuana-emerges-as-alternative-to-democratic-measures/
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