Chipaway
5 months ago
Yes, it's good to see green for a change. I've been averaging down since .20 when I thought this had great opportunity then. Now that things are turning around (short of any huge lawsuits, more governmental regulations (strangulations) or some employee embezzling scandal, we should be golden going forward.
In regards to US legalization, I firmly believe it's NOT public opinion that's the problem, but rather too many Politicians pocketing too much Cartel money to look the other way. Same for Canada. Although it's technically legal there, the Government seems to be going out of their way in regulating and obscenely taxing the legal market out of existence. We shall see.
Chipaway
1 year ago
Hmm, been six months since the last post. Thought I'd check in and see who else might be with me and holding onto the dream? Company valuation is now down to $5M. Certainly the real estate, machinery and patents have to be worth more than that. Am I missing something here? I keep adding as it keeps dropping. Started out at .20 and now averaged down to .07 and still adding.
I'm well aware most companies on these exchanges never go anywhere and I also know your not supposed to fall in love with the company, but in my 20+ years of dabbling in the market, this one has all the signs of actually making it big (IMO), either on their own or through an acquisition. I've seen so many casualties along the way of folks claiming and wishing that the company they had stock in was going to make them millionaires or even a bazillionaires, only to see their dreams shattered. That said, last year was profitable (I believe the first) which says a lot! The key here (as with any company) is to be profitable, increasing market share and be debt free. So far it looks like we've got two out of three covered. I'm really, really hoping that management can resist the urge to dilute, now that we've gotten to where we are, and put their focus on profitability (sell, sell, sell).
By the way, does anyone know if anyone in management has been investing in the company using their own funds, other than the stock they've been awarding themselves? That would be an encouraging sign, (in my opinion), but I haven't seen anything in their filings to indicate they have. Maybe I missed it?
I'd sure appreciate some input if anyone else sees things differently(or the same). Just chime in and let's have a discussion.
Chipaway
2 years ago
I can't believe it's been seven MONTHS since anyone posted here (me). Is there anyone else here or am I the lone sheep?
Someone help me out, am I not seeing something? The Stock price is the lowest it's EVER been, while at the same time business is the BEST it's ever been. Surely Nextleaf has more assets than its 6.4 Mil US value according to TD Ameritrade?
Is there some kind of hidden fraud, embezzling scheme or scandal going on that I don't know about or is this just maybe one of the most under rated, overlooked values out there? Everything seems legit compared to so MANY other scam stocks I've come across over the 30 plus years I've been doing this.
Call me a fool, but I keep buying as this keeps tanking. My hope (anticipation) is at some point all of these patents will be worth big bucks to someone, right? I mean certainly Nextleaf has to be on someone's buyout radar?
I'm looking forward to hearing all of your thoughts on this.
GiantV
3 years ago
Sure I want to chip in.
My idea is that when one owns property one finds the best use scenario. In other words, which of the patents holds the most long term profit and which do not. Now, if they need expansion capital to advance selected properties maybe they sell off some of the less valuable properties but to sell the whole thing and miss out on the big long term payoff when so much work has been invested in the various patents, processes and relationships and considering the CEO and everyone I see in pictures that are runnung this company are in their 30's it makes sense to me to milk the cow rather than sell or butcher her. Additionally, I do not want to see a buyout because I have 10 cannabis stocks of which 2 sold out their hot properies but stayed in business or at least stayed listed, that is to say the original stock was still listed but had then nothing of real value left, and I got $0 for my investment. Now they both lie dead, flatlined for years. Yeah they might make a comeback but on what?
Chipaway
3 years ago
The PPS keeps going down, down, down while the number of Patents keep going up, up, up. Is it just me, or does anyone else clearly read in the various press releases that even the company itself believes they are a perfect candidate for a very lucrative buyout.
Is there something I'm not seeing here? TD currently has their market cap at an unbelievable small $18.5M, while the company continues to release great progressive news. As the price continues to drop, I continue to buy.
In my opinion, it sure looks like the the payback on this with a buyout will be life changing. Anyone else see it that way or care the share their thoughts and insight?
GiantV
3 years ago
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They have a long-standing relationship with BevCanna and look help them to develop a wide range of infused beverages.
Thereβs currently over 300 tonnes in finished product sitting in vaults across the industry of lower-grade material, so companies that can process that lower-grade dried cannabis get a standardized molecule manufactured in a way that each product is dosed in a repeatable fashion, and we also think that companies that can get to that high-purity distillate β that tasteless, odourless molecule β then are going to be the ones that are able to manufacture products that consumers will actually want, and there are not going to be issues with taste and smell, and waxes that are going to cause issues with performance of edibles and your vape cartridges.