Member Info for HopefulDave

Earache you are getting very desperate and clearly have zero knowledge on the current (and future) legal position of CBD sales.

Should we

a) listen to you who just pops on to have a dig or

b) listen to the company which is main market listed and has the regulatory framework in place to ensure compliance?

1) they have not launched anything that isn’t compliant.
2) as they have mentioned regulations change quite often.
3) the legal landscape is changing constantly.
4) in the US election 5 states legalized cannabis on ballots
5) more states plan these on future elections.
6) Novel food application and FSA rules changed after release of these products.
7) look back and see when the company said it was seeking approval.
8) FSA rules allow all ingested CBD products correctly labeled to be on sale until March 31st, after this they must have the correct approval.
9) Zoetic is affiliated with the ACI who are the most sensible of bodies and one that works the closest with the Food Standards Agency in the UK who set the rule up *after consultation with the ACI*

I could go on but there is little point as you are blatantly not invested and clearly have zero knowledge of the industry or the regulatory framework in which it needs to operate.

Fortunately having spent 10 years in the cannabis industry and having been involved in setting up a lot of the USA’s initial cannabis reform both in Colorado and then nationally Antonio (one of your “chuckle brothers”) knows just that little bit more than you do, as do the company lawyers.

But I’ll leave it up the the people reading this to do some actual research and see which post they find the most sensible, balanced, reasonable, and correct!

It is also worth noting that the UNIQUE CBD Isolate herbal smokes have no THC at all, like the CBD Chews.

But as can be seen from the picture posted on Twitter from a store with scratch cards and the Chill display cases either side, with the Chews and CBD Isolate Smokes... Not all locations would be happy also stocking the actual Hemp Smokes alongside them.

But as each State passes laws like this, both consumers and retailers, and distriributors will be happy to stock the Hemp smokes alongside the CBD Chews, and the CBD Isolate Mint and Calm Smokes that they already are rolling out...

Not sure if the links will work...

From ABC News: marijuana-legalization-measures-pass-states

https://abcnews.go.com/Politics/marijuana-legalization-measures-pass-states/story?id=74008722

And now just recently:

From New York Times: results-south-dakota-amendment-a-legalize-recreational-marijuana

https://www.nytimes.com/interactive/2020/11/03/us/elections/results-south-dakota-amendment-a-legalize-recreational-marijuana.html

So it's a clean sweep:

Fantastic news for Hemp and the Cannabis Industry in general.

And before all the trolls go OMG you are so stupid who is gonna smoke hemp over cannabis........

Alcohol is legal to be consumed, as is cannabis in these places. It doesn't mean you can turn up to work wasted on either, or operate machinery, or work in certain professions under the influence of alcohol or THC it means you can use it recreationally...

Hemp smokes (as in those made with hemp plant directly) have faced Hokey Cokey legal battles in some states going back and forth, because of the THC content.

That will not be a problem in any of these States passing these laws. Zoetic's Hemp smokes have a low THC content and also due to their make up, don't have the highest CBD content (which is good) because they are designed to be regular use smokes not one or two a day ones..

When recommendations come in from the FDA on daily intake of CBD much like there are in the UK..... Well.... join the dots.

Zoetic smokeable products are for:

A) a method of CBD Consumption
B) Smoking (Tobacco) cessation.

Anyone looking at trying to troll the company based on regulations and restrictions need to wake up and fast,

Cannabis, and Hemp are going to be absolutely massive markets. They already are now, and they are (excuse the pun) going to grow at an alarming rate.

Zoetic can rollout fast, has mass-manufacturing ready to go, partners lined up ready to go, and it can do this without raising funds and using discounted invoicing etc....

The Chill brand *IS* popping up in stores all over the USA, and the more States that fully embrace this plant and it's benefits the better...

Will be a better deal.

Path want DTU.

Gas Rock want the physical Kansas kit.

Path went to buy it all from us for shares in Path (that were tied in), and a royalty in the future on DTU.

Path then went to sell the physical assets for cash to Gas Rock...
....

Gas Rock are drilling on their own land and want the additional leases and the equipment at Kansas, delays will be annoying for them as they were drilling on their own land and want the kit.

Path are tied up more as main market listed (or will be on re-admission) so more bogged down with paperwork with their prospectus, causing delays.

So we will now most likely sell the DTU patents separately to Path which is fine, they are just patents, if they make anything or do anything else also we can just get rid of the shares, there is no tie-in.

And most likely we will sell for cash the Kansas assets to Gas Rock, and conclude that quickly.

For Gas Rock they can now buy the physical assets immediately as they are simply a private company.

We are in a better position overall if that happens, and Gas Rock get the kit they want without any further delays to them...

Everyone is a winner...

Plus Zoetic isn't tied in to the shares from Path, nor will it have any ongoing royalty from DTU, so it will be able to be 100% oil and gas free.... which is where it wants to be.

That will help it in the long term as can be a green and clean company, further helping the investment case as it grows.

Nothing cash would have come in from that sale from Path for a while as tied in and would take time for them to develop DTU, by which point we would already be a successful and budding Global Brand with luck...

So I'm much happier with the approach as it is. It also means the only aspect that has any potential future costs associated with it can be removed cleanly and quickly now and isn't dependant on PATH re-listing.

Sssssssssmokin

Earache - Chris's account currently has a padlock against it, i.e. you cannot re-tweet what he has posted currently, also means can't select and forward the tweet itself.....

It's on a website called warc dot com and the article is NewsAndOpinion /news /44290

Ananda is back trolling! = biggest buy signal you could get!

Forget we are rolling
Forget Directors buying at 39p!
Forget Europe still on track!
Forget 3 more award nominations for Zoetic
Forget additional products coming to the range!
Forget no dilution required!
Forget fact distributor already have products to distribute!
Forget c50% Gross Profit margins!
Forget Crops harvested soon.
Forget AATAC and another 6,000 store reach could get signed any day.

Ananda is back wooooohoooooo

$130,000 more in the company accounts.

Options that always did and would exist, rather than be converted at a later date when the company is already super duper successful and a Global Brand and does nothing to help boost the company then.....

....have been converted now, putting $130,000 more into the company account and allowing a nice number of additional products to be made for our rollout..

Lovely.

Add that to the $617,500 that is still owed (I believe) by Ox Distributing...

Well there is another $130,000 to turn into products....

I guess know who have to thank for the timing of that given the conversion price and number of options.

Thank You :-)

chunky monkey another £50,000 delayed buy at 45.727 for 110,000 popped up!

The AGM is purely a formal procedure and will be over in a very short time frame.

The presentation that follows should provide insight into the Company for new and old investors, hopefully providing updates and further clarity on the items many will want focus on i.e.

Chill Brand Rollout / Stores progress in USA, and Zoetic brand in the UK.
Distribution Contracts

I would also expect more focus on Partnerships where they have already been named.

I wouldn't expect other naming of partners not yet disclosed unless news is released prior saying that X or Y has commenced with Partner "named partner" simply as I can't see them giving away any information to existing or future competition in cases where they are about to do something, but haven't quite got over the line yet!

Should be a good insight into a company that aims to have a Global Brand within a very short time frame.

It isn't difficult.

Going into the close yesterday people buying at 6 and selling at 5.9. The 439 share UT set the price at 6.1

Now it is 6.096 to buy and 5.9775 to sell.

The SP to buy and sell is up, albeit slightly.

unrolling trade... as in the UT uncrossing trade - damn spell check.

The share price is "down" as the last recorded trade yesterday the UT was 6.1

The share price currently is show as the middle price between the bid and offer of the MM's.

There have been (visibly) more buys than sells today, and that is why the "real" SP is up as of the close yesterday, i.e. to buy its 6.096 (or NT if want more than 37,500 shares) and around 5.977 to sell the same 37,500...

So the SP in real terms is up, and people are buying, it's only the unrolling trade from yesterday marking the price at 6.1 at the close that makes this show as red currently...

Well they aren't bears, or bulls, just squares.

They are yummy and should make you Chill. And as has been said already, every other CBD company payment options are still limited.

The website works fine, and you should get delivery quickly. Maybe it was just busy, award winning products after all :-)

Tick Tock!

Kart0 -> What is the website you used to buy your CBD Gummie Bears........

Everybody is Chilled. Perhaps the trolls are as busy as the boys are getting stuff out to stores and signing more distribution deals :-)

hat tweeted! had! Not sure why came up with hat, better than the runs anyway!

Yep - stuck in the past so much banging on about last years results forgot what it hat tweeted in the past, priceless :-)

Have a good weekend everybody.

Think Five Eyes on Twitter might have a severe case of the runs when it does land.