XTHC doesn't need a license to make $$$
Heikogs commented earlier in the day that there is no evidence of a license on the HC site. This is completely irrelevant for a company that has a patent pending for a proprietary product that could be mass produced and sold through hundreds of licensees across North America. Plus, you know how many legal recreational customers we have in Canada? Yep, you guessed it, ZERO. You think XTHC cares about the Canadian market…at least, for right now? An HC license has nothing to do with the massive potential we have with XTHC!!! Why would XTHC need an HC license when they can work with companies who are already licensed, fundamentally franchising out their technology for big profits? Once again, I’ll go back to Tinley…no license of any sort, and a solid 70 to 80 cent stock on most days – because they make money selling a great product through licensees. And I think XTHC’s product blows Tinley away – XTHC will provide the Crystal Light of Cannabis to a massive rec market in the states, an expanding pharma market in the states, a large pharma market in Canada, and hopefully by this summer, the legal rec market in Canada too! They can do all of this through companies that already have licenses without ever requiring a license themselves. This is where the profits will be made in this industry. They’ve figured out how to make a phenomenal product (patent pending), which they can produce and sell through companies that are already licensed to deal with cannabis.
Back to this HC thing; and please note that I am Canadian so this is not meant to be some sort of bash on Canada, but w t f…who cares about Canada at the current moment? We aren’t even legal for rec. The American market is where it’s at, which is why I am fully loaded up on BUDD (Lineage Grow) and also why I invested in a company like XTHC today. They have a product that is ready to go for more legal recreational customers in California alone than the entire population we have in Canada, and that’s only 1 of the 7 states where it’s been fully legalized with 2 more where CBD has been legalized (perfect for XTHCs product).
And the license thing – this is not a company that needs a license to make money. They can sell their product to the license holders, of which the market is quickly becoming saturated. Budweiser for example doesn’t have a liquor license to sell booze in bars across North America, but the bars that do sure buy a heck of a lot of product from that company. XTHC is not a company that needs an HC license to make money!
I’m just annoyed because it’s the first day of trading, and we already have these bashers going on about HC licensing and then jojo999 saying it should be 25 cents. I’m sure everyone would love it to be 25 cents just long enough to grab some more shares before it flies back up.
I’ve been going nuts this week on the boards for the 2 stocks I do own in this space…LIB and BUDD, because the same thing is happening there. These are 2 stock with massive potential, and every day, someone comes in with completely irrelevant and typically untrue nonsense to scare people away from the stock so they can buy cheap before it blows up. I’ve been in XTHC for 1 day and it’s already happening. So, just stop reading it! People need to stop looking at the stupid subject lines on stockhouse and actually do their own research. Ignore me, ignore the bashers…research these companies for yourself and learn the truth. This is why I only own LIB (Liberty Leaf) and BUDD (Lineage) and also why I bought a good load of XTHC today…in the mid 30s…I got lucky there.
If you don’t own any shares and you’re not here to ask shareholders about the company, then why come on this board and provide completely irrelevant information to try and convince people why the share price should be cheaper. It’s been trading for 1 day, and you are clearly upset you missed the boat on the IPO this morning (Heikogs and jojo999). And please give it a rest with the HC licensing. This is a REAL company with a REAL product, not one of these ‘late stage ACMPR applicants’ with an old garage in northern Quebec and no hope of every getting a license to produce, sell, or even drive a delivery truck. And HC lisence really doesn't mean much if the owners can even run the company.
We all need to start paying attention to the people who are running these companies, whether or not they have a real address or just a shared office suite with some local cleaning company, whether or not they have produced a shred of true evidence that their share price is worth more than 2 cents. XTHC did that for me at 50 cents, and I was lucky enough to buy in today in the 30s.
Welcome to a real company people. This is a winner. These guys actually have something to sell!