Post by
Riskitbiscuit on Oct 16, 2019 5:24pm
Cannabis 2.0 Right Around the Corner
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.
Comment by
Blackspar0w on Oct 16, 2019 7:53pm
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Comment by
Riskitbiscuit on Oct 16, 2019 9:05pm
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.
Comment by
Lastic on Oct 17, 2019 2:53pm
Tu es rendu posseder combien de shares?
Comment by
Blackspar0w on Oct 17, 2019 7:02pm
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Comment by
OneTwoOneTwo on Oct 18, 2019 12:15pm
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/