re: Let’s talk weed stocks in this thread

I'm holding some LVVV but god damn if you guys aren't scaring me off with all this winning the lottery talk.

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I'm holding some LVVV but god damn if you guys aren't scaring me off with all this winning the lottery talk.

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It's not that far fetched. Look into the history of BUDZ, Aurora, CV Sciences, Tilray, Canopy Growth, Cronos, Hexo, Aphria, MariMed...There are numerous examples of cannabis stocks going from pennies to dollars, some in 6 weeks time. One company hit a $7 billion cap with zero revenues, another hit a $20+ billion cap while losing over $12 million last quarter. MariMed hit a billion cap with $1 million/month in revenues. And some have done it with similar share numbers, so our share count/public float won't hold us back.

On the first page of this thread I mentioned the $2 projection (which came from wallet investor) - as someone mentioned they have it $1.87 in a year, but they actually had it going over $2 then dropping a bit. I put zero faith in that projection because I don't see wallet investor as a legitimate source. But I don't base this on projections I've read, I base it on what other companies have done in the past and what the business plans are for LVVV.

They'll hit their smaller peaks like the .08 run when they got the Coachella permit and the .06 run when they got the state distribution license, but the real run will come when they are generating significant revenue. So look at the revenue possibilities, not a prediction by an obscure website. Right now they are fully operational at Coachella. They are basically just filling the pod right now, which is a 8'x40' (320 sq. ft.) storage container outfitted as a nursery. But that one pod can hold up to 16,000 clones, with a turnaround time of 3-4 weeks. Clone prices can run from $10-35 depending on the strain, whether you're selling to a large grower or a small shop, etc. But even at the lower end, that's already $150,000-200,000 in potential revenue every 3-4 weeks from just 320 sq. ft.. That Coachella site will expand immensely. They also have 4 greenhouses at that site, each at 3,600 sq. ft. - do the math. They could generate in the millions/month just off the Coachella property alone.

In a week they will likely get the permit for the Paso Robles nursery, and will then apply for the state cultivation license for that location. They have over 21,000 sq. ft. of space there - some will be used as a distribution hub (remember that they have a distribution license to generate revenue as well, which also allows them to utilize their 7x Pure Certification since everything distributed requires lab testing), but 10,000 sq. ft. of that will be a nursery. Again, do the math. They also have the option of another 25,000 sq. ft. building at that site as well.

Now keep in mind that they already have permit applications filed for at least 1 or 2 more other locations. Will they hit $1 this year? Maybe, maybe not. But within the next 1-2 years, it's much more than just a dream. It's a likelihood IF they can fully execute their gameplan. They also must find buyers for all of the clones they produce. Keep an eye on their ties to High Hampton, which is going to be a huge operation (just got 6 state licenses approved this week). The new CEO and COO are the guys from Mojave Jane, who we owned a stake in and had a letter of intent to buy outright. If we simply cut a deal with High Hampton to supply clones to them, that alone may cover most of what we produce.

This isn't a pipe dream by any means. Other companies have gone from pennies to dollars and more companies will - if LVVV executes the game plan effectively, they'll be one of them. That point could come based on speculation like it has for others, but more likely it will come when we have all of the things I mentioned above up and running and generating revenue in the millions/month.

TigrrrDad, the thing that keeps me in LVVV is its sleeper status. Literally nobody is pumping the stock. The owners, current investors, random message board guys. Nobody is pumping it at all. There's no PR stunts, the CEO isn't doing talking tours, nothing, they're just going to work every day.

My biggest concern with LVVV is will they be able to sell anything? As another poster mentioned, there's a surplus in California. We need nationwide legalization to allow the stuff to cross state lines. To me, being able to export it is the biggest win. We're most likely years away from that.

By all accounts I've read, there is a shortage of clones. The surpluses talked about are generally due to the taxation/licensing issues that are keeping people from doing business, and those issues are gradually being ironed out. For every article I see about surpluses, I can also find one about shortages.

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I was the one who was skeptical about LVVV. Instead of investing in it I decided on different weed stocks.

I have made an absolute killing this week. Invested in CGC (canopy growth) and I've gotten 35% returns in 3 days.

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It all depends on what your profit goals are. If you're looking for short term or gains up to 50% or more, the path to that with LVVV is buying the dips and flipping. People who bought in December easily saw 200% profits in the last week. But the big difference between LVVV and something like Canopy Growth is that CG has already hit its homerun. However, LVVV is poised to be one of those stocks that can get you a 5,000% return. You can't get that with any of the established companies. LVVV is more for the people who are looking for that next cannabis company that goes from pennies to dollars. There are plenty good cannabis stocks out there though for more reasonable profits.

ETA: Aubs, if I were you I'd just throw $500 at LVVV. You're unlikely to lose money in the next year, and you can still get a bunch of shares for that small amount. That was my original plan for LVVV, but I just don't see them failing so I went in bigger.

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To me, being able to export it is the biggest win. We're most likely years away from that.

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LVVV is also working on tissue cultivation propagation, which one day may replace cloning. And tissue cultivation CAN cross state lines.

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ETA: Aubs, if I were you I'd just throw $500 at LVVV. You're unlikely to lose money in the next year, and you can still get a bunch of shares for that small amount. That was my original plan for LVVV, but I just don't see them failing so I went in bigger.

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I actually did throw $500 at it. Not a serious investment. But I only did that because I trusted that the news on 1/18 will drive the price up. I plan on selling the day the news is announced though.

I bought in @ .0155 average for close to 400,000 shares on the gamble.

I've been involved in the industry for a long time, black market and last 3+ years on the legal side.

The issues with the California industry I see is two fold.

First, the amount of CUPs issued in the state is insane to say the least.

Second, full implementation of the rules has yet to occur. Hell, I think we are on the fourth revision since they started.

The facility in Nevada has been operational for 3+ years and is generating positive revenue. The licenses are limited in the state unlike California. I believe there are more CUPs in force in the city of Sacramento (where we have one) than the entire state of Nevada.

Nevada testing is done in PPM where California is going to be PPB. The Nevada product will not pass California testing. The 438,000 sq ft of greenhouses in Salinas we operate will not pass testing at the moment. I've had to completely redesign the plans for the Sacramento 30,000 sq ft indoor which is now approaching the crazy price of 11k per light on the build out. Black market cost was around 3k per light. With the dip in price of product the ROI time frame gets pushed out further and further.

I do believe once full compliance is instituted there will be a lot of the players out of the game. It took close to a year in Nevada before we became profitable through trial and error.

My thoughts are that the small time players that do figure out the compliance game will be swallowed up by the big guys.

Any thoughts on CRON? Seems like they've been climbing pretty steady. I know they have a huge investment from Marlboro and with the news they're going to stop producing cigarettes I wonder if they ramp up that side of things.

Have you heard anymore news on the Uplisting?