CannTrust Holdings Inc CNTTQ

RE:RE:RE:Heres my speculation... Take it as speculation

[pulverizer]

Actually no products until January as no government is taking procurement just before Xmas.

You're not getting what I am saying though. Provinces have already been putting out product calls. It's been going on since June. OCS was first. Their product call is already closed. BC is last, their product call ends September 11. The provinces will announce what products they accepted. Those are the LPs to buy. Everything else was DENIED.

The provinces are the gate keepers. Just because someone buys a building, equipment and gets a licence, if they don't get through the product call they lose it all.

Many companies have failed this already with flower. It will only be worse with edibles.

myfistyourbutt wrote: Nothing can or will hit shelves until December, so I speculate lol... Companies will not wait until October for news releases with partners or JVs.. Why? They cant come out w an NR saying they have just partnered up and then a week later have a product ready for submission to HC... That would mean they have already been working together.. 

All products can only be submitted to HC and OCS on October 17th, it then takes two months for them to approve, this is information directly from HC.

It will be very interesting to see which provinces hold which products..

So again, there is no way companies will withhold information that close to legalization, especially since again it will be a race to get products out.

News on mergers, partnerships, distribution agreements are definitely 
important because it gives institutions and outside of the sector investors more confidence if large scale companies are now entering the sector. Would
Be a strong catalyst especially when poor earninfs are fresh in minds..

pulverizer wrote: Yes, this sector needs to rid of CannTrust so it can move forward. If we're going to speculate on the next round, I am game for that:

Sometime in the next 2-3wks will be the final verdict of CannTrust and that, IMO, will be negative. That will be the last straw for the whole sector to get dragged with it.

Come October provinces will begin annoucing their new product agreements. Provinces have been, and continue to be vetting through their procurement processes since June. The final 3 provinces end mid-September.

These announcements are far more important than JV press releases from the sector. Reason being is that there is already a saturation of product types trying to come to market and therefore many products will in fact be denied. Additionally some products will not be able to get their licensing in order in time and will miss their marks.

Therefore what will actually happen is a divide  in the sector. Those who get agreements will soar, those who are left out of the agreements will crater. Oils firms who create both their own products and supply inputs to other firms will net high value.

For instance I know that only about 15% of the beverages being offered to OCS will actually make it to the shelves.

Don't trade on JV press releases, trade on MOU's from the provinces.

myfistyourbutt wrote: The entire sector, strong names, weak names, large caps, small caps... Are all facing severe downwards pressure, and have been for about five months.

Canntrust before the news was trading at $6.50 CAD , technically by the amount its peers dropped by comparison, it should be trading at low $5s to high $4s... 

Not too far off now is it when you see in that perspective, yet theyll say its lost 60% just on this...

This downtrend is about to change to a strong uptrend so shorts are going to push as hard now as possible.. Weak earnings, non compliance issues continued into downward strength.

But you are very naive if you believe that starting next week or first week of September after labour day that this all changes..

Edibles, Topicals & Beverages bring an even broader market than traditional cannabis, companies are sitting on deals made, new JVs, mergers, partners.. 

Im not a pumper by any means, but youd be foolish to try and think otherwise until December when they hit stores.. Buy hype
sell news..

Patents and submissions were sent in July for several companies regarding bevs and edibles..

I believe the bleeding is about to dry up.. But hey just speculation.. or maybe im an insider on a beverage company, I have met the CEO of Monster... see what i did there Pulv ... ;)

I dont know what’ll happen to TRST, frankly i dont care but its in my best interest for this to be resolved for the sector..