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WeedMD Inc. (WDDMF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.3720-0.0540 (-12.69%)
At close: 3:52PM EST
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  • j
    joe
    that's why I am calling for a class action lawsuit against Eight Capital. Eight Capital destroyed so many good weeds companies. Initially it set up PT $4 then dumped its shares. Now it allured people to buy above $0.9 then immediately renegotiated price at $0.48. In fact they don't even have intention to buy but just manipulate the price here. Suing Eight Capital for all the damages or you will always be paper hands...
  • e
    enrico
    Time Capsule
    1) one month ago stock price was at .27
    2) Angelo Tsebelis gets fired
    3)
    George Scorsis, WeedMD’s Executive Chairman named interim CEO, taking additional role to lead WeedMD’s accelerated profitability phase in 2021
    4)Closes bowmanville, has reallocated all medical packaging, labelling and distribution activities from its Bowmanville, Ontario site to its Aylmer, Ontario facility which also houses the Company’s extraction hub
    5)
    Color Cannabis available to consumers in Quebec, one of Canada’s largest markets, via Socit Qubcoise du cannabis (SQDC) in partnership with local producer ROSE LifeScience..
    6)s the first Canadian union to actively provide comprehensive medical cannabis coverage, eligible members from LiUNA Local 1258 in Manitoba are now added to the program...
    7)
    WEEDMD ANNOUNCES THE DEVELOPMENT OF NEW CANNABIS 2.0 PRODUCTS FEATURING HASH, LIVE RESIN AND ROSIN EXTRACTS FOR ADULT-USE LINEUP
    8)Following the fulfilment of its first purchase order to Socit qubcoise du cannabis (SQDC), the Company and local partner ROSE LifeScience affirm Color Cannabis products now available
    9)Terpene-infused Saturday Cannabis 510-thread vapes reach #1 status on Ontario Cannabis Store (OCS) during first month of sales, as product availability expands to retailers and other provinces...
    10)
    WEEDMD’S STARSEED MEDICINAL ANNOUNCES THE RELEASE OF STRAIN-SPECIFIC PRODUCTS FOR PAX® ERA® VAPORIZER
    11)
    WEEDMD ANNOUNCES MARY’S MEDICINALS TOPICALS PRODUCT RELEASE IN CANADA
    12)
    WEEDMD ANNOUNCES $15 MILLION BOUGHT DEAL EQUITY FINANCING

    Their was no justification for the price to have been that high.
    George Scorsis is going to look much better with the new financials coming out late April.
    Know that he got financing, with all these new products out.
    It's gong to be a good year
  • A
    Ayden
    I’m assuming the rework of the deal was based on the adjusted financials. Either way, they didn’t pull out of the deal and the new price isn’t too bad at 0.48. Hopefully we see some consolidation then good news to boost the SP
    Bullish
  • e
    enrico
    Time Capsule
    1) one month ago stock price was at .27
    2) Angelo Tsebelis gets fired
    3)
    George Scorsis, WeedMD’s Executive Chairman named interim CEO, taking additional role to lead WeedMD’s accelerated profitability phase in 2021
    4)Closes bowmanville, has reallocated all medical packaging, labelling and distribution activities from its Bowmanville, Ontario site to its Aylmer, Ontario facility which also houses the Company’s extraction hub
    5)
    Color Cannabis available to consumers in Quebec, one of Canada’s largest markets, via Socit Qubcoise du cannabis (SQDC) in partnership with local producer ROSE LifeScience..
    6)s the first Canadian union to actively provide comprehensive medical cannabis coverage, eligible members from LiUNA Local 1258 in Manitoba are now added to the program...
    7)
    WEEDMD ANNOUNCES THE DEVELOPMENT OF NEW CANNABIS 2.0 PRODUCTS FEATURING HASH, LIVE RESIN AND ROSIN EXTRACTS FOR ADULT-USE LINEUP
    8)Following the fulfilment of its first purchase order to Socit qubcoise du cannabis (SQDC), the Company and local partner ROSE LifeScience affirm Color Cannabis products now available
    9)Terpene-infused Saturday Cannabis 510-thread vapes reach #1 status on Ontario Cannabis Store (OCS) during first month of sales, as product availability expands to retailers and other provinces...
    10)
    WEEDMD’S STARSEED MEDICINAL ANNOUNCES THE RELEASE OF STRAIN-SPECIFIC PRODUCTS FOR PAX® ERA® VAPORIZER
    11)
    WEEDMD ANNOUNCES MARY’S MEDICINALS TOPICALS PRODUCT RELEASE IN CANADA
    12)
    WEEDMD ANNOUNCES $15 MILLION BOUGHT DEAL EQUITY FINANCING

    Their was no justification for the price to have been that high.
    George Scorsis is going to look much better with the new financials coming out late April.
    Know that he got financing, with all these new products out.
    It's gong to be a good year.
  • N
    Nick
    News out. WeedMD's Starseed Medicinal Announces the Release of Strain-Specific Products for PAX(R) ERA(R) Vaporizer

    COMTEX - Updated 37 minutes ago
    GlobeNewswire
    WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) ("WeedMD" or the "Company"), a federally licensed producer and distributor of medical-grade cannabis, is pleased to announce it will commence selling Pedro's Sweet Sativa, strain-specific PAX(R) ERA(R) products to its Starseed Medicinal clients starting March 6, 2021. The launch of its latest Cannabis 2.0 offering is in partnership with Pax Labs, Inc. ("PAX"), a leader in premium cannabis vaporizer technology, with award-winning devices for both oil concentrates and flower.
    The Company's Starseed Medicinal-branded oil pods in award-winning strain-specific variants, using cannabis-derived terpenes produced in-house, will be available for purchase via its online medical store. WeedMD's adult-use Color Cannabis-branded PAX ERA pods are expected to be available through supply arrangements with provincial retailers commencing Q2, 2021.
    "In keeping with our long-standing tradition of releasing products first to our medical community, we're thrilled to launch the PAX ERA line-up in our award-winning Pedro's Sweet Sativa strain as the latest addition to our growing portfolio," said George Scorsis, Executive Chairman and CEO. "With product features that offer an updated medical experience, our teams worked together over the past few months to finely curate this portfolio of vaporizer products using our premier, quality-produced, strain-specific biomass. We're looking forward to expanding with additional terpene-rich strains such as Mango Haze and Black Sugar Rose, particularly as our next launch of concentrates will include our adult-use Color Cannabis-branded PAX ERA pods."
    PAX is a market leader with over two million devices sold worldwide and an established reputation as the best-selling pen-and-pod system in the U.S. Its closed-loop PAX ERA pods, for use with PAX's high-tech oil vaporizers, are dependable, leak-resistant and designed to be clog-free.
    WeedMD's partnership with PAX is expected to further accelerate the growth of the Company's Cannabis 2.0 product strategy as it continues to expand into new formats using its own indoor and outdoor-cultivated biomass, processed at its state-of-the-art extraction hub in Aylmer, Ontario. WeedMD currently produces terpene-infused 510-thread vape cartridges for its medical-branded Aurum vapes as well as its adult-use brands Color Cannabis and Saturday Cannabis.
    Bullish
  • e
    enrico
    When Wmd was in the low .30 we had shorters bad mouthing the stock, say it will go to .15, Know that we have a new CEO , new products , New provinces and 15 million dollars you are still belching ?
    If you don't like Wmd , it's ok move on please.
  • S
    Scott
    people need to chill... when a stock does good your like omg it's the best, not so great news and it's the worse stock ever... get out now before you have a stroke.. this is a solid company with sound fundamentals and a great product. this will be a multi dollar stock once covid is gets better and life gets on track again.. just buy while it's cheap, sit on them and enjoy the ride.
  • M
    Matthew
    I'm going to set price alert @ 1.50 lol. That way I don't need to watch this till 2025
  • A
    Ayden
    This board is so emotional. As soon as something happens it’s the worst stock in the world, when it goes green it’s the best. If you’re that easily influenced get out of the stock market now before you give all your money to smarter people. You know who you are.
  • e
    enrico
    At least they got 15 000 000$ working capital. Eight capital still believes in Wmd and hasen't ran away.
  • e
    enrico
    BTW starseed outsold Mary's medicinal product. https://www.starseed.com/shop/ Check it out
  • T
    T.J.
    TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“ WeedMD ” or the “ Company ”), a federally licensed producer and distributor of medical-grade cannabis, announced today that it has amended and re-filed its unaudited reviewed interim financial statements for the three and nine months ended September 30, 2020 (the “ Amended Financial Statements ”), along with a corresponding restated management’s discussion and analysis (together with the Amended Financial Statements, the “ Amended Financial Reports ”). The Amended Financial Reports have been amended to recognize an impairment in the amount of $34,800,000 on goodwill, intangibles and property, plant and equipment and certain other non-material changes and were the result of management and the auditor’s review of the financial statements in support of the Company’s previously announced public offering of units.
  • T
    Thor
    Is this a weed stock or a weapon of mass destruction? Can't tell anymore.
  • e
    enrico
    wmd product, mary's medicinals already sold out on starseed website. Simple math, more you sell, the more wmd shares will fly.
  • k
    kelly
    This is the most emotional chat out of all my holdings.
    If you don’t believe in this company, why did you buy in?
  • I
    Innopaninno
    Are this many people using wealth simple? Lol
  • b
    beyourbest
    i see the shorts are huge on this stock
    Bullish
  • e
    enrico
    All weed companies want to be cash positive, reality none are.
    It will take time, with all the new products being push out, we should get there.
    I know it's not easy staying on the side line, I waited so long, couple more months won't make a difference.
  • A
    Ayden
    This series of events recently is scummy to say the least. The financials were incorrect, and the deal that many people (including myself) bought in because it was renegotiated to a much lower price. This seems worthy of a lawsuit to me. That being said, the deal is now renegotiated for 0.48 cents. That means these companies were still willing to dump huge amounts of money in at this price. I feel that shareholders have been taken advantage of, but I also think under the new management we have a brighter future here and in terms of current value for your money, this doesn’t seem like a bad bet AS OF NOW where the SP is. Either way, frustration is completely justified. There’s no question what has happened is complete BS.
  • e
    enrico
    Do you think Eight capital would but in 17 500 000$ without looking at the books?
    On February 11, 2021, the Company announced it has entered into a letter of engagement with Eight Capital, under which Eight capital has agreed to purchase, as joint bookrunner and co-lead underwriter along with Canaccord Genuity Corp., 21,342,000 units of the Company (the “Units”), on a bought deal basis at a price per Unit of $0.82 for gross proceeds of $17,500,440.

    Think about it.