Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

RQB - RavenQuest Cannabis Biomed

Discussion in 'Canadian Stocks Message Boards' started by Dan Thunderbolt, Apr 28, 2018.

  1. Dan Thunderbolt

    Dan Thunderbolt Active Member

    Joined:
    Aug 26, 2017
    Messages:
    494
    Likes Received:
    43
    RavenQuest & McGill University continue their research into environmentally sustainable methods of yield maximization and disease resistance in the cannabis plant.

    Front. Microbiol., 08 August 2019
    Plant Growth-Promoting Rhizobacteria for Cannabis Production: Yield, Cannabinoid Profile and Disease Resistance
    https://www.frontiersin.org/articles/10.3389/fmicb.2019.01761/full
     
  2. Dan Thunderbolt

    Dan Thunderbolt Active Member

    Joined:
    Aug 26, 2017
    Messages:
    494
    Likes Received:
    43
  3. Dan Thunderbolt

    Dan Thunderbolt Active Member

    Joined:
    Aug 26, 2017
    Messages:
    494
    Likes Received:
    43
    RavenQuest Signs European Joint Venture With Cannabis Biocare

    September 03, 2019 06:00 ET | Source: RavenQuest BioMed Inc.
    VANCOUVER, British Columbia, Sept. 03, 2019 (GLOBE NEWSWIRE) -- RavenQuest BioMed Inc. (CSE: RQB OTCQB: RVVQF Frankfurt: 1IT) (the “Company” or “RavenQuest”), one of Canada’s most innovative cannabis producers, is pleased to announce it has signed a Joint Venture Agreement with Cannabis Biocare to construct cannabis cultivation facilities with planned capacity to produce 35,000 kilograms of medical cannabis in Europe.

    The Joint Venture plans to initially build two cannabis cultivation facilities in Portugal, with an option for further expansion across Europe and beyond. Two sites have been selected, both of which are well-suited for retrofit, in the Portuguese towns of Vila Nogueira de Azeitao and Porto. RavenQuest owns a 50% stake in the Joint Venture, which is expected to be called “RQBeu”.

    Under the terms of the Joint Venture Agreement, Cannabis Biocare will endeavor to obtain full funding for cannabis production facility build-outs and cannabis technologies, including orbital gardens, and start-up expenses for the Joint Venture.

    RavenQuest will grant the Joint Venture use of its Orbital Garden grow technology, cultivation expertise, intellectual property and beneficial microbes developed by RavenQuest in connection with its partnership involving McGill University.

    Commenting on the deal, RavenQuest CEO, George Robinson, stated, “We are very pleased to enter into this Joint Venture. Europe is a huge marketplace with over 700 million residents and a progressive attitude toward cannabis legalization. Many European nations already allow for medical cannabis consumption, with many more moving toward adult use legalization. Portugal is one of the most attractive of these nations, and an excellent fit to establish RavenQuest’s first European facilities.

    “Our plans to produce 35,000 kilograms in Europe are now taking shape in the form of a definitive agreement with our partners at Cannabis Biocare and the identification of two existing buildings, which are ready for immediate retrofit. Our partner is responsible for providing 100% of the funding for the Joint Venture, which allows for non-dilutive expansion into this burgeoning market. In addition, Cannabis Biocare’s political relationships across Europe, North Africa and the Gulf States brings the potential for future expansion as these markets mature,” Robinson continued.

    https://www.globenewswire.com/news-...pean-Joint-Venture-With-Cannabis-Biocare.html
     
  4. Dan Thunderbolt

    Dan Thunderbolt Active Member

    Joined:
    Aug 26, 2017
    Messages:
    494
    Likes Received:
    43
  5. Dan Thunderbolt

    Dan Thunderbolt Active Member

    Joined:
    Aug 26, 2017
    Messages:
    494
    Likes Received:
    43
    Looks like we might have seen the bottom. RQB has lots of potential imo. Bought some more shares in the past week.
     
  6. Ann11

    Ann11 New Member

    Joined:
    Jun 17, 2020
    Messages:
    1
    Likes Received:
    0
    Very interesting. What are the advantages of this manufacturer?
     
  7. DollarDogs

    DollarDogs New Member

    Joined:
    Apr 28, 2020
    Messages:
    27
    Likes Received:
    10
    RVVQF = .0096. I sure hope that's the bottom.
     
  8. Dan Thunderbolt

    Dan Thunderbolt Active Member

    Joined:
    Aug 26, 2017
    Messages:
    494
    Likes Received:
    43
    Thanks for the reminder. It is always difficult to precisely predict when a stock has possibly hit a bottom or not. As a result you have to read every comment on a message board with caution. Obviously this stock seems to have now hit rock bottom.

    Looking back, I think in partuclar two things can be learned from this:
    1. Stay away from drugs
    2. It is better to sell at some point even if it results in a big loss. This way you have a chance to maybe get your money back with 2-3 successful trades with a company in a similar risk/reward category.
     

Share This Page