Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
"Company granted the use of the TerraSphere technology to produce medical marijuana." For $40,000? Two things jump out. Number one, the company initially claimed that the TerraSphere is for medical marijuana. There was no mention of hemp. Why? Because you can't use theTerraSphere for hemp. 2nd, if the technology is valuable why did it only cost 40k to license?
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
TerraSphere was acquired by Converted Organics in November 2010. Its mission is to promote, develop and operate profitable innovative clean technologies that contribute to the improvement of our environment by use of sustainable business practices and the judicious use of natural resources. Converted Organics Inc. is currently composed of three primary lines of business at the intersection of Agriculture, Water and Waste Recycling. Each business contributes to our mission and uses sustainable business practices that protect and value the environment. TerraSphere comprises its vertical farming division.
TerraSphere was established in 2003 to develop a highly efficient, environmentally superior, urban-based produce growth system. Between 2003 and 2007 the Founders invested $3M to build a pilot facility in Vancouver, Canada and spent the next several years perfecting the system design and conducting research and growth trials to prove the fundamentals of the business model.
TerraSphere has since signed several license agreements, and in 2010 was acquired by Converted Organics Inc. (http://bit.ly/13I82AU), a clean technology company with three businesses at the intersection of agriculture, water and waste. Today, TerraSphere operates out of its research and manufacturing facility in Surrey, B.C., and its corporate office in Boston, Massachusetts.
PharmaSphere, LLC PharmaSphere, LLC is a biotechnology company that utilizes the TerraSphere technology to produce high-value, plant-based biocompounds for pharmaceutical and nutraceutical markets. Using the TerraSphere System allows PharmaSphere to achieve full environmental containment and controlled growth conditions, which result in increased production and reduced per-unit costs compared to traditional production methods.
PharmaSphere has achieved great success cultivating Madagascar Rosy Periwinkle, the source of the generic cancer chemotherapy compounds vincristine and vinblastine; artemisia, the source of the generic anti-malarial compound artemisinin; and transgenic tobacco, the source of insulin therapy for the treatment of diabetes.
ECAP has been instrumental in the formation and advancement of PharmaSphere. ECAP raised equity capital for technology development and market research, structured deal financing, and assembled the management team.
TerraSphere’s vertical farming technology is a highly efficient, automated plant production system that cost effectively grows crops in compact, safe, pollutant-free environments. It can be used to grow a variety of crops — from lettuce to tree seedlings to rare medicinal plants. The TerraSphere technology has clear competitive advantages over traditional agricultural methods, which include:
- Generating significantly larger crop yields per square foot;
- Full control of the growth environment (water, nutrients, light, temperature);
- Full containment so that the plants are not exposed to pollutants or field-growth hazards;
- Continuous, year-round growth; and
- The ability to site facilities in virtually any location.
Email us at info@terraspheresystem... to learn more about the specifics of TerraSphere’s patented vertical farming technology.
Checkout the pictures on the link. You could never grow flowering marijuana plants using this system. You could grow starts, but you could never flower. This system is used for botanicals other than MMJ & hemp.
Trying to put the pieces of the puzzle together. TerraSphere is legit. Where did the Phytosphere come from. It's neither the TerraSphere nor the Pharmasphere. Is MJNA using the same technology?
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
" Its unique self-contained hemp cultivation and hemp oil processing facilities produce superior raw ingredients for neutraceutical markets."
This quote is from the link you provided to MJNA's website. Self-contained hemp cultivation? Really? Hemp grown indoors in a hydro octagon? Really? That makes no sense. Hemp is grown in fields, not indoors. It's statements like these that are so out there & unrealistic that it makes the whole co. look shady. I believe this is the main reason they're selling or have sold the hemp part of the business. MJNA probably feels it's better to get out before the whole house of cards comes down. One minute they're saying CBD's are the future & the next minute they're selling their entire CBD business. Am I the only one who thinks this doesn't make sense. Why would MJNA dump the "next best thing"?
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Has this hemp been lab tested by an independent laboratory? If the hemp is from Europe, which MJNA claims, then the hemp has been tested by EU govt. officials. Can MJNA produce these records for share holders. You claim that MJNA has developed this strain over 5 years. Where did the original seed stock come from? Do you know how long it takes to develop a particular strain of hemp? Hemp, unlike MMJ, is only grown outdoors. That would mean they only had 4 cycles to breed. Unlike developing MMJ indoors where you can have 4 or 5 or even 6 cycles in one year. All the European MMJ seed producers grow seed indoors. It takes years & even decades to stabilize a strain. To claim that MJNA has developed & bred their own unique strain in 5 outdoor growing seasons is pushing the boundaries of reality. I'm not buying it. Sounds like another fabrication of the truth. Where is the proof of your claims? Please back up your statements w/ written proof from MJNA that they have developed their own strain in 5 yrs. Remember, 5 years ago when they started growing hemp, if in fact they did, they would've had to of obtained hemp seed stock from a supplier. It's my guess the credit for high CBD's should go to the farmer who sold MJNA their seed stock. I'm sure those farmers would love to read MJNA claiming to have created the strain they've been growing for 20 years. You are showing your ignorance by claiming that the Phytosphere allows better results from start to finish w/ hemp production. The Phytosphere is for indoor hydroponic gardening. Hemp is grown outdoors over 100's & even 1000's of acres. To claim that the Phytosphere has anything to do at all w/ hemp is a blatant lie by the company. Checkout COIN when they owned the Phytosphere. It's a Vertical growing unit. A Hydro Octagon. MJNA knows that the public, people buying their shares, are naive and uneducated about hemp. They are making false & conflicting clams. They should be able to show publicly European records of the lab results of their hemp seed stock. Before planting it must get tested. The test will show the exact levels of THC & CBD's. Show me the proof or it's just a bunch of lies.
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
You're welcome. Glad the information helps. It's interesting that the $35mm is now for inventory as well as assets. Originally it was just for the purchase of the hemp oil. Keep the great articles coming. If you need any help for future articles, please don't hesitate to ask.
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Thank you. Yes, I have extensive knowledge & I'm an expert in the field. I have many friends that have started private, legitimate multi million dollar co.'s in the industry. Most own co.'s that manufacture and sell: fertilizer & nutrients, soil & admendments, indoor & outdoor agricultural equipment. If you look at old pr's from COIN you'll learn that the Phytosphere is nothing more than a hydroponic octagon. This technology is not new and has been around for @ least 15 years. Retail Ag. owners have repeatedly said that hydro octagons don't sell well. COIN sold the rights to the Phytosphere, because they weren't making money selling them. Check their financials. The Phytosphere is for indoor cultivation of Medical Marijuana. It is actually very small & only produces between 3 & 9 lbs. depending on the amount of watts & plants used. Somehow MJNA has turned this Hydroponic octagon into a full on high tech cultivation, processing & extraction lab in a pharmaceutical grade setting. They have shown ZERO pictures of this lab. The pictures in the website are of edible plants, not marijuana. To top off the statements made about this high tech facilty MJNA is leading investors to believe that they were growing and processing hemp in the Phytosphere. Read the public statements & please correct me if I'm wrong, but the claims I've read is the $35MM hemp oil was processed in the Phytosphere. This makes ZERO sense. As MJNA showed through publicly released pictures the hemp was grown in fields in England. Hemp is grown outdoors. Never indoors. MJNA has made confusing and contradictory claims about the Phytosphere & the hemp oil. They have made ZERO proof that either the Pyhtosphere or the hemp oil valued at $35MM is legitimate. Who put the $35MM value on the hemp oil. Also, an independent laboratory should analyze the hemp oil for investor confidence. An independent laboratory should be able to test the hemp oil for CBD & THC content. They also could determine the origin of the oil. The concentrated cannabis facility shown in the Dixie Elixir tv interview was not pharmaceutical grade. The workers were filling containers by hand. It looked very primitive & unsophisticated. This couldn't be the high tech, super sophisticated Phytosphere. To make things even murkier, MJNA is now selling or has sold the hemp part of their business. Makes no sense & the $35MM can be in either cash or stock @ the co.'s discretion. Something isn't adding up. If more people ask the right questions maybe we can figure out the truth. MJNA has a $240MM market cap. I think they owe it to share holders to be 100% transparent.
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Thank you for the reply. MJNA is claiming that the oil is made from pure hemp & contains an 80% concentration of CBD's. Hemp has zero THC & is 100% legal to import into the US. Industrial hemp is naturally very high in CBD's. Medical Marijuana is very low in CBD's & very high in THC. THC is 100% illegal according to federal law. US Federal law has a zero tolerance policy on THC. All hemp products brought into the US are tested by customs for THC content. Farmers in Europe have their hemp seed tested by govt. officials before planting. The hemp seed must contain 0% THC. This is how Europe regulates hemp products. They test the farmers seed stock before planting & the products made from that farm are allowed to be legally sold. Hemp farmers in Europe make many different products from their harvest. Different parts of the plant are used for various products. The most valuable of these products is Volatile oil. Only 200Kg were produced in Europe last year. It is very expensive and very rare. I'm trying to determine if MJNA is referring to this volatile oil. I feel this is the most important part of the MJNA equation. Is MJNA being truthful about this hemp oil being valued @ $35MM? I talked to industry insiders & they have never heard of hemp oil being sold for $35MM. They were shocked. MJNA has never stated how this hemp oil was made & how they were able to make a concentration level of 80%. At 1st MJNA was selling $35MM worth of hemp oil & now they are selling that whole division of the co. I have pr's to back up this statement. Something isn't adding up here. I believe MJNA is counting on people not being knowledgeable about hemp. Your reply confirms this theory. MJNA is breaking major federal laws selling THC products. Especially concentrates. At any time the Feds could raid the co. & shut the whole business down. This is a fact. The hemp business was the safest part of their business plan & now they just sold it? Doesn't make sense. Did they dump the hemp business, because the web of lies is unraveling? Thanks for the reply.
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
I'm trying to understand your statement. "460kg of the highly concentrated stuff, but it is a tangible asset." Where are you getting the 460kg number from? What does the $35M CBD oil look like? Green or Clear? Where did the original hemp oil come from? Was it imported? If we are talking about Volatile oil then something isn't adding up. Only 200kg of Volatile oil produced in all of Europe in one year. 460kg? If we aren't talking about Volatile oil, then what exactly is concentrated CBD oil. Is this a process done in Colorado after the hemp is imported or is MJNA making concentrated hemp oil in Europe and shipping it to the US? Or did they acquire the hemp oil from another source? "According to an industry association, total sales of products containing hemp are estimated to be around $450 million." MJNA has a current market cap of $243 million. MJNA is worth more than half of the entire hemp industry. Is this market cap justified?
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
The Phytosphere purchased from COIN is nothing more than a Hydroponic Octagon. They've been on the market for years & COIN sold the rights, because the product doesn't sell well. The Phytosphere is for medical marijuana cultivation. Not hemp. There has been ZERO literature released by MJNA explaining the hemp extraction process. Where are they making the concentrated hemp oil? You are talking about THC products produced by Dixie elixirs. What % of their business is from hemp oil? How is the $35,000,000 price tag on the hemp oil warranted? Dixie Elixir said publicly on TV that 35% of their revenue comes from their THC infused carbonated beverages. There's been no mention of actual sales from the concentrated hemp oil. What % of MJNA's business is from hemp sales? Thanks for the reply.
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Hi Alan. Thanks for the great article. Please read my previous questions posted on this thread. I'm trying to figure out the validity of the claim that MJNA is making hemp oil that is 80% CBD's & is worth $25,000 a kilo. It doesn't make sense. I've asked these questions for many months and not one person has been able to answer my questions. $35,000,000 for hemp oil is staggering. I think people are unaware of just how cheap hemp oil costs. Hemp oil made from seeds and used for cooking & health care products costs around the same price as olive oil. The dollar amounts MJNA is talking about are THC prices. Medical Marijuana concentrated cannabis prices. There is Volatile Oil. It's the most valuable product in the hemp industry. The numbers I read we're only 200 kilos of the hemp volatile oil are made a yr. in Europe. Is this the oil MJNA is talking about? I would love an answer to this question. I think it is pertinent information for every share holder to know. It just might be the most important! Thanks for the great work.
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
So, you're saying that MJNA processes Hemp the exact same way they process MMJ? Did you see the TV interview? Is that the facility used to make the 80% concentrated hemp oil? Are you familiar w/ their hemp oil making process? Could you please explain it to the readers. Thanks you.
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Are you talking about Volatile oil? Where are you getting the 80% concentration numbers? Is this oil processed in the US or in Europe? Hemp oil is sold freely on the "open" market. What process has MJNA used to make hemp oil that has an 80% CBD content? If your answer is Phytosphere, please explain the process. The Phytosphere "process" that Dixie elixirs showed in the recent TV interview was for THC. This can't be the same process for hemp. What process are they using to make the hemp oil? Thanks for the reply.
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
TerraSphere was established in 2003 to develop a highly efficient, environmentally superior, urban-based produce growth system. Between 2003 and 2007 the Founders invested $3M to build a pilot facility in Vancouver, Canada and spent the next several years perfecting the system design and conducting research and growth trials to prove the fundamentals of the business model.
TerraSphere has since signed several license agreements, and in 2010 was acquired by Converted Organics Inc. (http://bit.ly/13I82AU), a clean technology company with three businesses at the intersection of agriculture, water and waste. Today, TerraSphere operates out of its research and manufacturing facility in Surrey, B.C., and its corporate office in Boston, Massachusetts.
PharmaSphere, LLC
PharmaSphere, LLC is a biotechnology company that utilizes the TerraSphere technology to produce high-value, plant-based biocompounds for pharmaceutical and nutraceutical markets. Using the TerraSphere System allows PharmaSphere to achieve full environmental containment and controlled growth conditions, which result in increased production and reduced per-unit costs compared to traditional production methods.
PharmaSphere has achieved great success cultivating Madagascar Rosy Periwinkle, the source of the generic cancer chemotherapy compounds vincristine and vinblastine; artemisia, the source of the generic anti-malarial compound artemisinin; and transgenic tobacco, the source of insulin therapy for the treatment of diabetes.
ECAP has been instrumental in the formation and advancement of PharmaSphere. ECAP raised equity capital for technology development and market research, structured deal financing, and assembled the management team.
TerraSphere’s vertical farming technology is a highly efficient, automated plant production system that cost effectively grows crops in compact, safe, pollutant-free environments. It can be used to grow a variety of crops — from lettuce to tree seedlings to rare medicinal plants. The TerraSphere technology has clear competitive advantages over traditional agricultural methods, which include:
- Generating significantly larger crop yields per square foot;
- Full control of the growth environment (water, nutrients, light, temperature);
- Full containment so that the plants are not exposed to pollutants or field-growth hazards;
- Continuous, year-round growth; and
- The ability to site facilities in virtually any location.
Email us at info@terraspheresystem... to learn more about the specifics of TerraSphere’s patented vertical farming technology.
http://bit.ly/YPsg4a
Checkout the pictures on the link. You could never grow flowering marijuana plants using this system. You could grow starts, but you could never flower. This system is used for botanicals other than MMJ & hemp.
Trying to put the pieces of the puzzle together. TerraSphere is legit. Where did the Phytosphere come from. It's neither the TerraSphere nor the Pharmasphere. Is MJNA using the same technology?
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
This quote is from the link you provided to MJNA's website. Self-contained hemp cultivation? Really? Hemp grown indoors in a hydro octagon? Really? That makes no sense. Hemp is grown in fields, not indoors. It's statements like these that are so out there & unrealistic that it makes the whole co. look shady. I believe this is the main reason they're selling or have sold the hemp part of the business. MJNA probably feels it's better to get out before the whole house of cards comes down. One minute they're saying CBD's are the future & the next minute they're selling their entire CBD business. Am I the only one who thinks this doesn't make sense. Why would MJNA dump the "next best thing"?
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Medical Marijuana Inc.'s Recent Transaction And Guidance Raise Questions [View article]
Coronado Biosciences: 2013 - Year Of The Worm [View article]
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