EastWest Bioscience Inc V.EAST.H

Cannabis 2.0 Right Around the Corner

[Riskitbiscuit]

Why so much selling pressure a couple of days before Cannabis 2.0? This is the date that will finally regulate the sale of CBD in Canada. This is the foundation of East's business model. I expect a JV to come in short order once the regulations are clear and the companies involved have a guideline to work with. It makes sense that the JV would be stalled until after the regulations are made. CBD sales in Canada expected to start in December, right in time for the holidays and with guaranteed shelf space in Sangsters and distribution deals already in place I expect East to be a big part of that market share. We are at near maximum capitulation here. This stock has plummeted 90% since all time highs and the biggest progress is happening over the next two quarters. I'm putting my money where my mouth is, and will continue to load up on these cheap shares. 3.5 cents is a gift. Hold for two years and you will get a 500-1000% gain, I am very confident of that. The fair value of East is not this low.

[Blackspar0w]

This post has been removed in accordance with Community Policy

[Riskitbiscuit]

Someone is accumulating a massive position in East. This stock is not very well promoted but people are still buying large chunks when they go on sale like today. Probably insiders buying up the float to unload when we go back to 30 cents. 

[Lastic]

Tu es rendu posseder combien de shares?

[OneTwoOneTwo]

CBD products have been available since legalization. Edibles and topicals are to come online but Health Canada is requiring that each product must be approved on it's own prior to sale and that there is a mimimum of 60 days for them to process this for each product request from each producer. If you really think this is going to be a 'green light' for companies like East West, you are

[Blackspar0w]

This post has been removed in accordance with Community Policy

[Nolo]

Rockford and the other one that always end his posts with a little nervous peepee are always there to warn us of the danger of investing in this company. There is no altruism at all among traders and investors except when it comes to these two, who always act for the greater good of us all. How big of them. The simple fact that they show up so often makes me want to keep my shares even more.

[OneTwoOneTwo]

The dirty little secret on the Farm Bill and CBD. EastWest products aren't about to be FDA approved pharmaceuticals like GW Pharma, so good luck pumping this one much longer. lol https://www.brookings.edu/blog/fixgov/2018/12/14/the-farm-bill-hemp-and-cbd-explainer/