Ok... Well the report says THC is acceptable in up to 50 micrograms per dose in CBD type products, so has no impact on CBX offerings as they have no THC. Wider market impact? There's a value/limit to ensure natural THC limits are kept below.
I'm not 100% but think the previous recommended limit of natural THC was lower, if so this would open the marketplace further. Not to CBX benefit but could increase the size of the market in general.
CBX don't need to test for THC but still need to test for CBD/G levels, the THC levels are just another line on the same report.
Isn't the point of CBX that it's lab produced CBD? So no THC in the mix anyway?
From the cellular goods website:
"Additionally, because Cellular Goods formulates our products only with cannabinoids produced in a lab using a controllable and reproducible technology rather than extracting them from plant matter, there is no need to worry about varying levels of THC. Furthermore, there is absolutely no chance of accidental contamination of THC or any other compounds that cause highs"
Not de-ramping, but the median robinhood balance is $240 (in march 21), so it might be worth being realistic about volumes through robinhood.
That said, the sheer number of people is impressive!
Is that not just the risk of making assumptions based on draft filings?
If you've fixed your bar at half the shares then it seems more. If you've taken it as a draft filing and are waiting for final numbers then it is what it is?
Doesn't the RNS read that pricing is already set? I.e. the shares will be offered at closing price yesterday (accounting for multiplier/exchange rate)?
Before anyone gets too carried away that all the pipes have left, looks to me like there's still a stack on the rack by the drilling rig (rh of picture)
Still, they know how to stoke the fires with social media, so they may be close...
@delacy a request from gdog might be with you on discord if you wouldn't mind passing on an invite
At a risk of being negative... That news may end up being a case of "careful what you wish for"...
If more crypto advertising is allowed then crypto scams will be rife within that, and with that comes the "easy" negative press/FUD, then the regulators may have to take more notice, leading to more press/FUD.
I know crypto scams are already rife, but being close to the finance industry and the impact of those, it's massive, and more visibility for crypto ads will only make it easier to scam folk as they become more "familiar" with the concept.
Will be interesting to see the longer term impacts of this
@AB - interesting the trend on the 30th Nov. From a quick scan a lot of them saw an uptick in share price in the days following too!
Thought it interesting that someone made the most of the spike in share price for this one, if I'm reading it right some massive sells on the 8th Dec took a good chunk out of the share price, someone was happy though!
https://uk.finance.yahoo.com/quote/ENOG.L/history
Misread the 8th August, I'll take the 8th of June instead please, who in their right mind releases big market news on a Wednesday!?
Might as well keep it going, I'll have the 9th June please RC
PW also comments on their hodl strategy a bit in part of the latest Q&A, worth a watch if you're questioning what they do with their coin
The points around it having no cap and not being a progressive coin are the main ones for me - I was interested enough to mine a tiny (now lost forever) amount in 2014 when trying to understand bitcoin a bit more - limited disposable income (and no future-predicting abilities) stopped me from buying BTC at the time!
Hadn't considered the Trojan aspect, as has been said, the amount of bandwagon jumping with it, perhaps as an 'affordable' alternative to BTC, leaves a lot of money in it that might not "get" crypto in any level of detail.
Just playing devils advocate (mainly to gain insight from other people's well reasoned rebuttals!)...
Why couldn't it serve a purpose? It's not so distinct from fiat currency (QE anyone?) but has the benefits of a crypto in decentralisation etc. Musk's push, whether genuine or not, is for the currency of the internet, ie it's tradable easily and cheaply. Sure it needs more acceptance for the easily bit, but why couldn't it become the currency of the internet?
I like that, definitely interesting to see the other miners on a similar trajectory, clear that it's too easy to get caught up in the daily 'but MARA/RIOT are blue and we're red' comments.
Unless you're trading in which case go fill your boots wherever the movement is
Just a minor point, but you may want to consider how you assess scientific consensus and development of knowledge and understanding using the scientific method.
Fifty years ago we had a fraction of the computing power, data and understanding that is available today.
Please don't just assume that climate change isn't real because "science has changed it's mind before"
This caught me by surprise just bit now! Was very confused why the last update for real-time prices was at 10:23 am
I'll play, Northamptonshire
Had anyone attempted a manual bed&ISA with HL before? Looking to move PB allocation into ISA, but HL FAQs suggest their 'online' bed&ISA process isn't live currently and they suggest just selling and rebuying.
I'm wondering how soon the funds would be available to transfer to my ISA once sold?
Someone has probably covered this, but for HL the number is just your client number (seen at the top left on the app by your name) - if you don't have a find&share account they will just create one to add shares into I believe.
I've never traded through f&s acct, but had one sat there already for the CBX IPO and did (eventually) get shares in on the day they went live.