Cannapharmarx Inc (PK) (CPMD) Share Price

8K out
The Board appointed Constantine Nkafu to serve as the Company’s interim CEO.
Some progress.
https://www.otcmarkets.com/filing/html?id=18326595&guid=Okh-kaxQtUnndth

Yes they are still operating and I am told there is hope of progress, but don't know when

Is this company still operating? Website hasn't been updated since 2022...

Are we moving yet

Nice Should move real easy.

Nice.

Pink current!

Management certainly not doing us any favors here, by letting it continually go to the Expert Market...

More room to go?

$cpmd investor conference call dial in info

5308811212
615253385

1pm tomorrow

$cpmd back on expert markets due to a filing delay. Should be resolved by mid next week.

Cannabis stocks are heating up again.. $TLRY had a +7.36% day, $SNDL +10.66%, $ACB +4.75%, and $CGC +32.09% (at close).

Another great cannabis company people should keep their eye on is $CPMD. Below is a summary of everything they discussed on an investor update call on 3/19/24, link to recording: cannapharmarx.com/news-releases/…

- Dean Medwid appointed CEO on June 1, 2023.
-55,000 sq ft facility in Alberta, Canada licensed by Health Canada and CRA in January, 2023.
-10 grow rooms, each 2,200 sq ft.
-Each room harvested every 2-3 weeks, or 6,000KG per annum.
-All inventory grown is expected to be pre-sold
-Facility has the ability to generate $18M per year, they are forecasting $10M this year (delays in exporting to customer in Israel and unforeseen site maintenance issues).
-Signed contracts with customers: Cantek (Israel), Cantourage (Germany, recent news about approving cannabis has been positively impacting the market), ICAN (LATAM, focus on Panama), and pursuing clients in Australia and UK in the near term.
-Added two members to the Board of Directors; Anthony Panek and Adam Mindle.
-Added new CFO Oliver Foeste
-Goal to achieve $60M annual revenue by 2028 (Their current site capacity is $18M per year. Naturally, this means more facilities or acquisition.
-Industry forecasted to grow 30% CAGR by 2030. 44B -> 445B.
-CannaPharmaRX competitive advantage is the ability to grow product at a lower cost per gram while maintaining high quality.
-Primary focus is on the 3 P's.. people, product, and processes.
-Secondary focus is ESG. Currently have solar at their facility, also implementing thermal heading and LED lights to reduce costs and increase product yield.
-15c2-11 filing expected in coming weeks
-10K audited financials expected in coming weeks (they recently announced their first PO: cannapharmarx.com/news-releases/…) So treat 2023 financials with a grain of salt, likely only going to show obligations.
-Secured alternate financing to 'all but remove' highly dilutional debt they've experienced in the past.
-Once above 3 bullets are complete, expectation is to trade at a fair value relative to peers in the industry.
-Expecting to run a profitable business this year

Pros:
-Small entry, current price is 0.018.
-Company just starting to gain momentum with their first few customers
-New CEO, CFO, and board members with industry experience and backgrounds that will be useful in the companies progression.
-Market cap is currently $5.9M and they are projecting $10M revenue this year. $60M annually by 2028 is the goal. Simple math suggests the stock should trade at least 2x its current price later this year.
-Germany legalizing cannabis has had a positive impact on all cannabis companies recently.
-Safer Banking Act giving cannabis companies more access to financing.
-Industry expected go grow 10x by 2030.

Cons:
-This company has been around for a few years now, what took them so long to get up and running?
-Downward pressure, stock once traded at $2-$3 range in 2020 (Other cannabis companies traded at $100-$1000 around the same time).
-Unforeseen political landscape
-Falling short of above forecasts would diminish retail sentiment, because of how long they've been idle in the game.
-Crowded industry

investor call tomorrow. Will be interesting to tune in. Some huge sells here recently. Dilution in effect?

More News

https://www.otcmarkets.com/stock/CPMD/news/story?e&id=2795635

News out!!

https://www.otcmarkets.com/stock/CPMD/news/story?e&id=2792893

Looooota selling today. Still keeping my eye on this one for potential entry.

Absolutely. I picked up some a few weeks ago sold a little see how this plays out. Seems they finally have it together. Mexico and Israel exports see how it unfolds

It’s definitely getting accumulated. Usually the quiet ones are the best.
I sold 3/4 my position from .002 on the way up (including today). I’ll hold the rest and see where it ends up

Agreed me too. Big things coming I here tip of the iceberg

I've been holding this one for over a year. Averaged down over time and finally back in the green.
Eventually they need to record revenue and then it may take off.

GLTA!

When will anyone discover this little gem up 1000 percent and holding strong in 4 weeks

Like it. Very quite board

Yummy CPMD

Wrong. 20 mill expected to be 50 m this year Just goes up because no revenue dumb ass

Where's the beef? Zero revenue since the new CEO took over. What have they doing in the past 13 years and beyond...? ZERO revenue like forever. Since 2011 to date, they have not made a dime in revenue. Not one penny record since 2011. I rarely post negative but in this case, this is pathetic and unreal.
Revenue
During the three months ended September 30, 2012 and 2011, we did not recognize any revenues and do not anticipate having revenue generating activities in the near future.
https://www.otcmarkets.com/filing/html?id=8868168&guid=8Ld-kFmjSlKfJth

Didn’t see the PR. Can you post I can’t
Locate.

Nice PR today for $cpmd. 20M Rev’s on their 10 grow rooms in nice. This could fly!

I bought a few this am. Citadel was the main MM and kept canceling my buy order. Ameritrade said they haven’t seen that before. We all know how shady citadel is

Right

Looks like dilution has ended. Time to move back to 01

I have several of these, and it would be great to see some improvement

Looks like maybe. Supposed big things coming. We will see

Is there hope?

And the dumping continues with OTCN and GTSM...

Reverse on the way need to clean out their supply

Two days of massive dumps. Maybe they're trying to raise money...

In CPMD .00225 average on the cross trades. Will add lower.

OTCN and ALPS taking turns selling shares...

They need to get news flowing about production. Filings are good, but let’s get the market interested

looks good I just do not understand how it is trading with the 15c not filed

I don't see the filing of the 15C so how is it trading again?

WOW

It’s about time

Trading has resumed. Hopefully there is more positive news coming out!

Filings out...hopefully this brings us back to current.

When will paperwork be done?

maybe next week right?

Finally! Next week we should be current again.

News. https://www.otcmarkets.com/stock/CPMD/news/story?e&id=2614419
Hopefully they can get this current soon...

So much for hiring a new CEO...
https://www.otcmarkets.com/stock/CPMD/news/story?e&id=2562276