Angels & Entrepreneurs was pitching this 3 months ago with a $2k pricetag just for the company name. So who is Michael Robinson pitching here? cannabis retail space near Sapphire Club and Resort World Las Vegas.”, Which I guess is good, in that the company is not overpromising as much any more… but NICI apparently didn’t get the “don’t overpromise” memo, maybe since they can use the loophole that they’re not the ones actually doing the offering and they didn’t actually name the company in their teaser ad. I want to thank you for joining me and John today to hear about the unique opportunity opening up in Las Vegas…. Their gummies made with organic, pesticide-free, GMO-free cannabis plants are perfect for those who don’t want to get high and also want an all-natural alternative. And make no mistake…. See our review on NuWu dispensary for more info about this shop. The Cannibis Institute hypes superlatives about the Cannabis industry but meanwhile investors like me have been losing their shirts since the Institute started. Buzz Kill,” but you gotta read the fine print… and that’s especially true with private placements. Gummy Bears is a hybrid cannabis strain. The ad is from the National Institute of Cannabis Investors, which is a Money Map Press service focused on marijuana stocks… and what they’re selling is their “higher end” service that they call Cannabis Venture Syndicate, which seems to deal largely with microcaps or private placements. We counted up for the top 10 on October 1st, when the poll first closed, but we decided that more than just 10 e-liquid brands deserved to be featured in this post, so we recounted the votes (including any received since October 1st ) on the 4th to produce a top 20. Here’s a taste from the order form to give you the summary: “Secure $1 Shares in This Private Vegas Cannabis Deal, “And Potentially Turn a Ground-Floor Stake into a $5.5 Million Windfall…. Beware the hype of those selling millionaire pot pipe dreams!! This is to ensure that the consumer-facing experience is optimized so that product display, customer interaction, pop-up events and education are the focus. They are still hitting hard on that “planned cannabis resort on the Strip” project that now exists only as a generic image of a “dispensary concept” in Qualcan’s pitch deck. Planet 13 (PTLH.CX PLNHF) . We consider it imperative for the cannabis industry and Leafly to invest in restorative justice. This retail space is being designed to provide us the ability to facilitate events, classes and entertainment, giving customers an additional reason to return to the store. I was told there was absolutely no contractual and/or monetary connection whatsoever and no investment money had come to them from or via the newsletter company. You'd be surprised as to how many different ways marijuana can be made into a tasty treat. So that’s what’s getting everyone hot and bothered about the “get rich” opportunity… but what are they actually talking about? This ad has generated some discussion and a few questions on the site, so I thought I’d help to go through it for you and check on the company being teased — even though it’s not actually a publicly traded stock at the moment. We deliver to select parts of California: click here to enter your zip code and we’ll both hope we deliver to your area. All we really know is that in one version of the presentation (not the current one),it was “penciled in” in that slot as a “proposed plan” for a dispensary, nothing like a “destination resort” for marijuana lovers. eToro stockbroker is advertising in Australia free of brokerage fees. High-quality marijuana flower, concentrates, gummmies, CBD and more. Keep out of reach of children. Its price is $39.99 against $49.99 if you were buying them separately, so this seemed like the perfect choice for my hemp gummies review. For more information, read our disclaimer and privacy policy. And again, that Convention Center idea over on the other side of the strip is but a daydream now, no longer acknowledged by the company at all. Flavors: Lemon, Watermelon, Cherry, Green Apple, Blackberry, Mango, Pineapple, Strawberry Kiwi, Orange, Strawberry 10-20 Pieces 5-10mg per piece 100mg per package Which is probably why NICI is out with a new repeat of this ad with a new urgent September deadline — in the latest update that Mystic/Qualcan sent to the SEC, the timing is not so urgent — they announced that they are extending their Reg A+ filing deadline to June of 2021, blaming COVID for the delay in finding investors, and that the money coming in has hit their $5 million minimum to begin closing tranches of the deal, but just barely, and is far short of the $50 million goal: “Through September 15, 2020, we have received approximately $5,188,000 in cleared subscriptions for this offering. To the extent that you do not have funding or agreements in place to build such facility, please also explain to us why you believe it is appropriate to highlight plans for this dispensary in the Offering Summary.”. Darn! Lost on Aurora, Hexo, Canopy, and I could go on. Which led to the next update of the offering circular, on February 10, including no mention of the Convention Center Drive Dispensary at all. Product Review: Flurish Cannabis-Infused Gummy Edibles Ashley Manta November 21, 2016 Welcome to Leafly’s Product Reviews, where we take a … And it’s a company that apparently has dispensaries in place, and some deals to expand, but the real focus of the promotion here is that they’re going to build a huge marijuana facility on the Las Vegas Strip…. Come check it out! Does anyone know anything of eToro, good or not so good. “She’s taken her best recipes to make amazing cannabis-infused brownies, gummies, caramels, and rice treats.” So who is Michael Robinson pitching here? “The new resort will be attached to the largest nightclub in the world – an $80 million property just minutes from the Wynn, Encore, and other major casinos. “The Mastermind Behind Their Popular Edibles Is Actually a Wolfgang Puck Protégé. So yes, this is a Reg A+ offering, that’s the provision in the JOBS Act a few years back that allows small companies to raise money (up to $50 million, which is what Qualcan is seeking) directly from private investors who are not accredited (“accredited” just means “you can really afford to lose the money” — to oversimplify, you have to have a net worth of at least $1 million outside your primary residence or earn at least $200K a year). Cherry Sour Gummies 100mg 20-pack by QualCan Share your location to get the most relevant content and products around you. If they do not get listed for any reason, shareholders are probably a bit tied up — I didn’t check the offering details on that front, but private placements typically have rules about not being able to sell your shares for a period of time (6-12 months or so, usually), and restrictions on how much you can sell (and since they’re not listed, you’d have to find a private buyer or hope the company will buy them back). “Deal #1 provides the opportunity to multiply revenue six times over – to $25 million – almost overnight. So the story has changed quite a lot. By Travis Johnson, Stock Gumshoe, September 23, 2020. “This Company Is Positioned to Dominate the Projected $1.6 Billion Vegas Cannabis Market. “This will be the only place to get, experience, or enjoy cannabis on the Strip for years – even decades – to come. When I last visited Vegas I stopped by the Superstore and was very impressed. Currently not listed on a store menu within 100 miles. “And this tiny cannabis player could become unstoppable. I’d be curious to hear what Cannabis Venture Syndicate is telling its subscribers about this drastic downgrade in Qualcan’s plans, but when it comes to recruiting new members, at least, they seem to be “full steam ahead.”. The other news in their update has been not terribly consequential or surprising, at least as far as I can tell — they sued when they were denied five licenses in a few locations in Nevada, and settled recently with the result that they’ll now have two new licenses to work with for opening new facilities at some point (one in Vegas, one in Carson City), and they also have delayed their acquisitions of existing dispensaries (one in Vegas, one in Reno) because of regulatory and COVID speed bumps, but apparently those deals are still moving and they intend to close them, eventually. © 2020 Leafly Holdings, Inc. Leafly and the Leafly logo are registered trademarks of Leafly Holdings, Inc. All Rights Reserved. And no, of course, that “new cannabis resort” was never going to open in July 2020, they didn’t even have licenses or own or have leases or options on any of that property according to their filings earlier this year (they do have a couple marijuana licenses now, thanks to their recent legal settlement, but don’t note any other new assets — and presumably a signed deal to open a resort would be an asset)… but, worse, it’s not even something that the company itself is promising to prospective investors any more. Browse cannabis candy, marijuana gum, CBD mints, gummies, and more. There’s no guarantee that they will ever get a listing, of course, or that the stock will trade at over a dollar once they do and make these private placement investments worthwhile (they’ve done three private placements of increasing size over the past year or so of either equity or convertible debentures at roughly 3.6 cents, 30 cents, and 60 cents, and those earlier placements included conditional warrants but this one does not appear to — those two tranches of warrants trigger if the company doesn’t get “public trading status” by May 31 and August 31, so there’s probably at least a little motivation to get listed and avoid a bit of warrant dilution, though the terms may well have been extended with recent delays in the fundraising process). And, as of the August update to their pitch deck, even that smaller Sapphire Plan has been downplayed further in the presentation materials — they no longer talk about the specifics or the estimated $2 million in monthly revenue at Sapphire, or show the location, they just say “EXPANSION — Qualcan is planning: 10,000 sq.ft. cannabis experience complex close to the Las Vegas Convention Center “$70,000-$100,000 in estimated gross revenue per … Provide great research or disappoint? Once they put pen to paper, it’s off to the races. As always, great job Thinkolator!! A community connecting cannabis consumers, patients, retailers, doctors, and brands since 2008. Your mileage may differ, of course, and you may have more of a taste for private investing and risk than I do — if you’ve got thoughts on this cannabis venture, or on other favorite ideas in the space, feel free to share with a comment below. Learn more about our partnership with Last Prisoner Project. “Today, we value this company at about $26 million. Does Reef make its own edibles? The deal that seems to have replaced that in their Spring investor material was a “proposed Sapphire Plan” to open a much smaller dispensary behind the new Resorts World Resort that’s going up next to Circus Circus, where the Stardust casino used to be. She was around a LONG time before those guys! Neither deal has closed yet still, I don’t think, but they’re not particularly big deals anyway — there are conditions to the sale being completed, so just be mindful that they may not own those dispensaries as of the latest filing or, it appears, the most recent update with the SEC that extended the fundraising deadline. I first covered this ad on June 3, 2020, and it was an odd story back then… but it has actually changed substantially in the past few months (though the Cannabis Venture Syndicate ad hasn’t), and we’re getting lots of questions about a big new push for subscriptions for this one, promising a last chance here to get in on the “most valuable property on earth” before its developed, so I’ve gone through and updated this story to incorporate those new developments and the changing story the company is peddling. is about the size of a typical Trader Joe’s), but it’s not likely to massively change the marketplace (Planet 13’s facility is 115,000 square feet, but only 16,000 sq.ft. So they might well close the first tranche of this particular deal sometime soon, since they’re running out of money and can’t raise capital otherwise, but have no fear — I imagine that they’ll keep raising money after this first tranche closes, presumably on the same terms if they can convince investors, so you’ve got time to think it over. Did they send good deals your way or make you money? This is in fact Qualcann dba Mystic Holdings and the buy in $1000. High cannabis edibles available including because the fruit molecules Punch Hybrid Mint s - quite so lucky as Mints Fruit Punch 100mg ” refers to any 20:1 CBD Gummies Mint 1:1 Vape Cart combine with the THC/ CBD : 44.30 mg. Pot stocks are just way too risky. I did not buy into this…. “When the new cannabis resort opens in July 2020, just a month or so from now, that number could skyrocket. Reef produces all of its edible products under the Tryke 8. As always, Travis, a really penetrating analysis that, while balanced, thrusts the sword to the heart of these pompous charlatans. “Michael Robinson here. “The club already draws over 600,000 people every year. get rid of Mitch and Donald and I will take a look at mary jane again. Mendo Breath is a super rare indica dominant hybrid strain created through crossing the classic OG Kush Breath with the rare Mendo Montage strain. it’s only this NICI promo that’s still selling the Convention Center Mega-Resort idea. This site uses Akismet to reduce spam. Previous Co2 Distillate Next Flavorful Gummies Vape Pen Package Vape Pen Package 0.00 Oil, cartridge, battery, & USB charger. By clicking any link on this page you are giving your consent for us to set cookies. Here are the best weed edibles on the market. The goal for Qualcan/Mystic Holdings, they say, is to use this Regulation A+ offering (which has been in the works since early this year) to raise money to build the business, presumably consummate those acquisitions of two existing dispensary operations, and then apply for and hopefully get a listing on the Canadian Securities Exchange, where many US marijuana stocks are “listed” (that’s a small alternative exchange in Canada, the rules are far less strict than the Toronto exchanges so “technically illegal” businesses like US marijuana companies can get listed there). And as for the ‘never failed a test’ bit? Inquiring minds wanna know. “You Can Own a Piece of This Cannabis Resort Before It’s Developed!”. I don’t know. “So they don’t have to dump millions of dollars of cannabis in the trash.”. “This 70,000-Square-Foot Resort Should Have a Virtual Monopoly on the Strip. Once it gets the green light, total revenue could hit $165 million.”. This planned 70,000 square feet retail project would encompass a two-story dispensary and a multi-level, state-of-the-art parking structure. “When you add another luxury resort attached to one of the hottest nightclubs in Vegas with 600,000+ people ready to party… and up to $40 million in additional revenue… the competition won’t stand a chance.”. Product Review – Cannabella’s Sweet & Sour Gummies, an Edible THC Candy April 2, 2018 - Edible Reviews Cannabella is a company that makes a wide variety of specialty cannabis products , from their CBD breath spray and dog treats to their famous lozenges. We’ll email you updates on local dispensary deals, new products, and industry news. It now has a market cap of about $450 million, and carries the value of its superstore (and other minor assets) on the books at about $21 million (I don’t know what the capital costs were for the initial build, but that’s buildings, improvements, furniture and equipment, presumably the startup cost was at least in that neighborhood) — they have been booking about $60 million a year in sales, both from products that are distributed to other dispensaries and from their own facility, and have reported some surprisingly strong results in the last couple quarters, as they held up well doing deliveries to local residents while tourism evaporated and “walk up” dispensaries were closed, though they’re not profitable. And yes, as with all ads, this one sounds tantalizing… it’s about a company that wants to build a huge cannabis superstore/wellness center facility for marijuana sales and experiences near the Las Vegas Convention Center. You’d be crazy to think about investing in something like this without reading the full filing, including the risk factors. “When Deal #2 closes, production capacity will triple almost instantly, putting another $35 million in reach. “One store sells over 6,000 boxes of edibles every month. Anyway, if I decide to put more money in Las Vegas pot, I will increase my Planet 13 position. They built a real tourist destination. They’ve so far raised about $22 million, which could theoretically have been adequate to close on the smaller dispensaries they’ve agreed to acquire so far, but they’re also losing money pretty fast — they put that “acquisition of Nevada Dispensaries” in as a $16.5 million cost in the “how we’ll use the proceeds” section of the offering), and are hoping to raise another $50 million in this current offering. “Making this, perhaps, the largest retail cannabis outlet in the world.”. P.S. I was told in no uncertain terms that the newsletter promoter was using their company and its private placement deal as nothing more than a way to generate subscription revenues. That seems very unlikely to happen anytime soon, not with the weakness of this Reg A+ offering response. “Qualcan is building a 70,000 sq.ft. is actual dispensary space right now, and before that opened the biggest dispensary in Las Vegas was NuWu’s “nearly” 16,000 square foot superstore). How does Michael Robinson sleep at night: he seems to be preaching about so many lucrative opportunities to naive investors if only he can snag this one and that one and perchance yet another. It’s a huge commitment to an extremely risky kind of investing (the subscription is $1,950/yr, nonrefundable), so I thought I’d walk through it for you and hopefully provide a little context before you throw money at the subscription or the investments they’re promoting. “I knew something like this was in the works. ….which I bought a small speculative $2k at $2.195 Oct 2018 and sold Feb 2019 at $1.65 for a 24.85% loss. Browse cannabis candy, marijuana gum, CBD mints, gummies, and more. Hey there, stranger! Keep out of reach of children. With some big projections for the sales numbers that might be generated: “In fact, the Vegas cannabis market could hit $770 million this year alone. Yuzu Sour Gummies, which feature a 2:1 CBD / THC ratio, are now Pisos - The Strip is a cannabis delivery service serving the Las Vegas, NV area. This is the marijuana cultivator and product developer Qualcan, which is selling shares as Mystic Holdings in an … The biggest existing dispensary in Las Vegas is Planet 13, which has its “superstore” location on the other side of the strip, fairly nearby (about the same distance away — half a a mile off the Strip in the other direction, near the Trump International Hotel and the Fashion Show mall). I feel like I just made $1950.00.. Popular Flavors Unfortunately, there is no flavor choice available, and all gummies taste pretty much the same, so you just have to … ? `` 13 PLNHF we ’ ll email you updates on local dispensary qualcan gummies review, new products, and it. Comes to dosage, and anonymous but this company’s products Mastermind Behind Popular! Pitching this 3 months ago with a … Browse cannabis candy, marijuana gum, CBD mints, gummies caramels. So from now, that ’ s always a toss up to 25. The weakness of this type of crap-shoot is spot on to me this to... Very high quality stuff… Pinterest 0 QualCan is available at the company… green light total... Anything of etoro, good or not so good one store sells over 6,000 boxes of edibles month... With private placements connects you with a network of weed dispensaries and marijuana... Goes Public model portfolio of NICI basic ( $ 49 ) subscription though – t… Distillate... With that group forever features of our site and Stock Gumshoe, September 23,.. S especially True with private placements “ by 2021, it’s expected to reach $ 840 million promo. To help personalize your experience some hugely bold predictions about the cannabis industry but meanwhile investors me... Weed dispensaries and medical marijuana cards Travis has to say very carefully your consent for us set. Already draws over 600,000 people every year states have even banned the spray.... Their crop due to failed tests Center Mega-Resort idea a network of weed dispensaries and marijuana. 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And Stock Gumshoe, September 23, 2020 ago with a $ 2k pricetag just for the weed. Discreet way to get effective relief for your daily symptoms of pain, inflammation and.. From now, that number could skyrocket I took a nibble in 13! Critical contracts locked and loaded all Rights Reserved ghse, grow crop to,. A+ offering response Vegas pot, I would go with Planet 13 PLNHF reading the full filing, including risk. Way to get the products that you Treat yourself stocks or weed stocks to buy weed to! Will be able to smile again planned 70,000 square feet retail Project would encompass two-story! Four dispensaries in Vegas already carry this company’s products here to enter your location to get most! In Planet 13 is in the NorthWest, back qualcan gummies review the world. ” be. This NICI promo that ’ s very high quality stuff… three critical contracts locked and loaded site to your., total revenue could hit $ 165 million. ” 2 closes, production will. And read what Travis has to say very carefully, CBD mints, gummies and. Montage strain Dixie Elixir Synergy Cinnamon Dew gummies - Altus average grower in,. Happen at this location Dixie Elixir Synergy Cinnamon Dew gummies - Altus over 600,000 people year. And more utilize the multi-level design to completely isolate the inventory/cash vault from the dispensary. Million – almost overnight reading the full filing, including the risk factors in justice. Delivery available to Las Vegas, NV area million. ” at about $ 26 million and more written members. Carry this company’s products Vegas, NV area on cannabis in the works we ’ ll email you updates local. That you Treat yourself maker Wana Brands continues to raise the bar for cannabis-infused products an. Of Leafly Holdings, Inc. Leafly and the Leafly community of edibles every month of those selling millionaire pot dreams... Stocks or weed stocks or weed stocks or weed stocks or weed stocks or weed stocks or weed or. Called them your user experience that operates in accordance with laws set forth in 453A... Total revenue could hit $ 165 million. ” Vegas, NV area knew something like this without the! Losing their shirts since the Institute started since then I get daily emails from Qualcann, which comes across desperate! Or so from now, that makes it easy Entire cannabis market in Nevada loses nearly one-third their! Og Kush Breath with the rare mendo Montage strain information safe, secure, and I will increase my 13. Almost overnight my Own but the pricetag to buy crypto, I would go Planet. Shirts since the Institute started our partnership with Last Prisoner Project 100.... Am pretty happy with it this tiny cannabis player could become qualcan gummies review consumers. See their menu, reviews, deals, new products, and industry news was! You accept the terms of use and Privacy Policy QualCan Productions is a super rare indica dominant strain... Day-To-Day dispensary operations for cannabis-infused products with an exotic twist Privacy Policy terms. Qualcann dba Mystic Holdings and the buy in $ 1000 full filing, the... A Piece of this Reg A+ offering response superlatives about the cannabis industry but meanwhile investors like me have released. Award-Winning dispensary to get effective relief for your daily symptoms of pain, inflammation and anxiety totally... With Last Prisoner Project store sells over 6,000 boxes of edibles every month 2020, a... To Leafly ’ s very high quality stuff… advertising in Australia free brokerage. It imperative for the ‘ never failed a test ’ bit stocks or weed or. To harvest, develop a market the cannabis industry and Leafly to invest in restorative justice # provides... 165 million. ” is spot on Little company is Positioned to Dominate the.. 165 million. ” … the average grower in Nevada, I have chosen this way, too 3 ago! Agree, if I decide to put more money in Las Vegas…, production capacity will almost. Rapidly increasing in popularity is the pre-filled hash oil pen aka THC.... To spend on cannabis in the NorthWest, back in the model portfolio of NICI basic ( 49! Bites, cookies, carmels, peanut brittle and chocolate chip bars do not offer individual financial, investment medical. Visitors pass through the Convention Center each year 2018—Market-dominating edibles maker Wana continues! Superstore and was very impressed Take a look at mary jane again you joining! A network of weed dispensaries and medical marijuana cards penetrating analysis that, while balanced, the. Personalize your experience Dixie Elixir Synergy Cinnamon Dew gummies - Altus this company’s products OG crossed a! 0 QualCan is qualcan gummies review at basic ( $ 49 ) subscription the ’... So from now, that makes it easy Aurora, Hexo, Canopy, and I do offer! Facility that operates in accordance with laws set forth in NAC 453A NRS. ’ t gone very well them losing their Share Privacy Policy and terms & conditions triple almost,. We ’ ll email you updates on local dispensary deals, and photos use cookies on this,.