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Chuma: Taking Pot Seriously

Chuma: Taking Pot Seriously
Resources Wire | Jay Currie | September 22, 2014 11:29 PM ET

The waves of mania which have propelled the legal marijuana business in the stock markets have been so extreme that the SEC and the OSC have both issued warnings about speculative excess. All types of companies are being floated, many of which have no license, no operations, no business and no money.

At the same time there is a real market for legal marijuana, worth billions of dollars, emerging in the United States. There is no question that marijuana – both medical and recreational – is here to stay. What may be puzzling for investors is how to participate in this boom while avoiding the various scams which blight the market.

Looking at this opportunity Chuma Holdings, Inc. (OTCBB:CHUM), formerly CannaMed Corp., realized that the cannabis industry lacked business services that are common for every other industry. This ranges from financing and payments solutions, through to regulatory compliance. The management at Chuma also recognized that in the midst of the stock market hype surrounding the marijuana industry, it made sense to quietly and effectively establish their business model, before making a splash.

Read the rest of this medical marijuana article here.

over 9 years ago
Chuma: Taking Pot Seriously

Chuma: Taking Pot Seriously
Resources Wire | Jay Currie | September 22, 2014 11:29 PM ET

The waves of mania which have propelled the legal marijuana business in the stock markets have been so extreme that the SEC and the OSC have both issued warnings about speculative excess. All types of companies are being floated, many of which have no license, no operations, no business and no money.

At the same time there is a real market for legal marijuana, worth billions of dollars, emerging in the United States. There is no question that marijuana – both medical and recreational – is here to stay. What may be puzzling for investors is how to participate in this boom while avoiding the various scams which blight the market.

Looking at this opportunity Chuma Holdings, Inc. (OTCBB:CHUM), formerly CannaMed Corp., realized that the cannabis industry lacked business services that are common for every other industry. This ranges from financing and payments solutions, through to regulatory compliance. The management at Chuma also recognized that in the midst of the stock market hype surrounding the marijuana industry, it made sense to quietly and effectively establish their business model, before making a splash.

Read the rest of this medical marijuana article here.

over 9 years ago
Savvy 2nd Wave Canadian Medical Marijuana

Savvy 2nd Wave Canadian Medical Marijuana
Aug 12, 2014 2:14 PM | about stocks: FVPI

The second wave of the Canadian Medical Marijuana market is crashing ashore bringing with it serious, well funded, companies with real business plans. After the first wave of promotion of companies in the Canadian Medical Marijuana space, savvy investors are looking for companies which have real business models to address this billion plus dollar market.

Changes to the medical marijuana (MMJ) regulatory regime in Canada have created a window of opportunity for efficient, compliant marijuana grow operations. FV Pharma International (OTCQB:FVPI) positioned itself to enter this growing market.

Read the rest of this medical marijuana article here.

over 9 years ago
Savvy 2nd Wave Canadian Medical Marijuana

Savvy 2nd Wave Canadian Medical Marijuana
Aug 12, 2014 2:14 PM | about stocks: FVPI

The second wave of the Canadian Medical Marijuana market is crashing ashore bringing with it serious, well funded, companies with real business plans. After the first wave of promotion of companies in the Canadian Medical Marijuana space, savvy investors are looking for companies which have real business models to address this billion plus dollar market.

Changes to the medical marijuana (MMJ) regulatory regime in Canada have created a window of opportunity for efficient, compliant marijuana grow operations. FV Pharma International (OTCQB:FVPI) positioned itself to enter this growing market.

Read the rest of this medical marijuana article here.

over 9 years ago
Sri Lankan Graphite Production: Elcora TSX-V: ERA

During the three years preceding Elcora's (TSX-V: ERA acquisition the Sakura mine was substantially refurbished and is currently operating on one shift per day producing one to two tonnes of high quality graphite per shift aggregating approximately 20 tonnes per month at average at an average cost of US$136 per tonne of graphite. However, there is no established resource nor is there any known body of commercial ore on the property, and no estimates of future production capability or the economics of any extraction activity can be made. (See cautionary notes below)


Elcora's near-term objective is to increase the daily production by adding more new equipment and, to the extent graphite mineralization is visible and accessible for extraction, increasing the number of total shifts and man hours to increase total production.


Elcora is presently conducting laboratory tests on the graphite from the Sakura mine to determine optimum refining methods, and has begun designing the refining circuit for a modular, scalable mill capable of refining the graphite extracted from the Sakura mine from its present 94-99% C purity to 99% C purity at a capacity of approximately 2,500 tonnes per year. Given the high quality of the graphite mineralization being extracted from the Sakura mine, management estimates that the capital expenditure for the construction and equipping of such a mill would be circa US$700,000.


See more at http://thenewswire.ca/archives?tnwarchive2=release_id%3D12844

almost 10 years ago
Elcora Resources Shareholder Update on Sakura Graphite Project

COLOMBO, SRI LANKA / TNW-ACCESSWIRE / July 29 2014 / Troy Grant, President and CEO of ELCORA RESOURCES CORP. (TSXV : ERA), (the "Company" or "Elcora"), is pleased to provide the following update on its Sakura graphite project.

In June 2014 Elcora closed its acquisition of a 40% interest in Sakura Graphite (PVT) Ltd. (“Sakura). (see news releases May 13 and June 30, 2014.) The Sakura acquisition was a major step towards achieving the Company’s primary corporate development objective of becoming a vertically integrated graphite producer.

"Analysts continue to forecast robust and growing worldwide demand for graphite” commented Elcora President Troy Grant, “and having a ‘first-mover’ advantage on graphite delivery is an important distinction from potential competitors and for potential clients. What has become evident over the course of discussions with various groups is the importance that is placed by industrial and other buyers on obtaining a high-grade graphite product that has been subjected to limited processing or refining, from a mine in recognized graphite-producing region with a history of production. That, as well as consistent grade delivery and straightforward metallurgy, provides valuable certainty to both industrial and technology users. Lastly, we are very pleased to have graphite processing and engineering expert Dr. Ian Flint leading the on-the-ground team that is conducting the laboratory tests, selecting the refining technologies and designing the graphite mill circuits."

- See more at: http://thenewswire.ca/archives?tnwarchive2=release_id%3D12844

almost 10 years ago
canuckinvestor
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