[CANNABIT] Investment Details - Announcement & Discussion Thread #cannabit

[drasted]

So this was another scam?

[vm_mpn]

So this was another scam?

Difficult to say D... CO was never good on delivering DIVs in timely manner. If it's not a scam then it's possibly incompetence or miscalculation, etc. I've noticed a lot of this happening with my CryptoStocks holdings.

[nwfella]

Appears as though cannabit was online as recently as a couple of days ago but hasn't posted anything since the 5th.  :/

[jeezy]

Finally! Dividend was paid out last night.

@Cannabit: Any chance of getting a detailed dividend breakdown?

[jjjohnson]

+1
I guess having a bit of patience paid off!

Finally! Dividend was paid out last night.

@Cannabit: Any chance of getting a detailed dividend breakdown?

[cannabit]

Monthly Update - September 2014

Dividends were paid out on the 1st. I would like to thank everyone once again for their patience for the numerous delays we have been experiencing with dividend payouts. I would like to say moving forward that we won't be experiencing any more delays. As time continues to progress forward things are falling into place and the pieces of the puzzle continues to match up perfectly. The next dividend payout is scheduled for November and will be paid out as usual on the 1st. Starting December we will be able to make an effort and move towards monthly dividend payouts. At this time we are still going to be paying out dividends every 2 months until then.

Garden Status & Harvest

Most of the gardens are still on schedule. On one of the gardens had a down time of about 2-3 weeks due to new veg plants not being ready for flowering. We tried to time things perfectly but looks like we did not time this one as accurately as we could. We have 3 gardens in full production at the moment and the last garden will be fired up at the end of this week which puts us back up at 4 gardens in flower mode. We are expecting a harvest from one of the gardens this month and two gardens will be harvesting in early October. The last garden we are firing up this week is expected to harvest in November.

Updates

Once again we will continue to update once or twice a month depending on any substantial news that affects Cannabit. I will be responding to all PM's in my inbox. If you have any questions or concerns please feel free to shoot me a PM. Thanks.

[nwfella]

Thanks for the update and the sizable dividend payment cannabit.  Glad to hear you guys are getting your operation running like the well oiled machine!  You guys keep up the good work now ya hear? 

[jrmg]

Have you think sell your shares in Counterparty platform? Very easy if buyers can have assets in own bitcoin address and use any wallet what want and still receive payments.

https://bitcointalk.org/index.php?topic=395761.0
https://www.counterparty.co/

[SebastianJu]

The next dividend payout is scheduled for November and will be paid out as usual on the 1st. Starting December we will be able to make an effort and move towards monthly dividend payouts.

With the current bitcoin price going down slowly i would suggest sending out divs as soon as the profit is made by cannabit. Changing USD to BTC and sending out a div regardless of time and date. Otherwise you would have to keep USD, which might not be a problem, but holding BTC can be a problem. Seeing that the Bitcoin lost 27.44% of its value in the last 30 days it would mean a big hit for divs value if BTC were hold back for such a time only for being able to pay out divs then.

Yes, im a fan of bitcoin, but im in this as an investor.

[floatyfish]

The next dividend payout is scheduled for November and will be paid out as usual on the 1st. Starting December we will be able to make an effort and move towards monthly dividend payouts.

With the current bitcoin price going down slowly i would suggest sending out divs as soon as the profit is made by cannabit. Changing USD to BTC and sending out a div regardless of time and date. Otherwise you would have to keep USD, which might not be a problem, but holding BTC can be a problem. Seeing that the Bitcoin lost 27.44% of its value in the last 30 days it would mean a big hit for divs value if BTC were hold back for such a time only for being able to pay out divs then.

Yes, im a fan of bitcoin, but im in this as an investor.

Hear hear! Everything is on schedule, right Cannabit?

[SebastianJu]

The next dividend payout is scheduled for November and will be paid out as usual on the 1st. Starting December we will be able to make an effort and move towards monthly dividend payouts.

With the current bitcoin price going down slowly i would suggest sending out divs as soon as the profit is made by cannabit. Changing USD to BTC and sending out a div regardless of time and date. Otherwise you would have to keep USD, which might not be a problem, but holding BTC can be a problem. Seeing that the Bitcoin lost 27.44% of its value in the last 30 days it would mean a big hit for divs value if BTC were hold back for such a time only for being able to pay out divs then.

Yes, im a fan of bitcoin, but im in this as an investor.

Hear hear! Everything is on schedule, right Cannabit?

Dont understand my post the wrong way. As far as i know everything is on track and it might get better (ill better remain vague... ). I posted this only here to see what other investors think about it. I imagined that cannabit might hold btc for a month only for being able to pay a monthly div. I could have checked that directly but i wanted to see how other investors react.

[floatyfish]

The next dividend payout is scheduled for November and will be paid out as usual on the 1st. Starting December we will be able to make an effort and move towards monthly dividend payouts.

With the current bitcoin price going down slowly i would suggest sending out divs as soon as the profit is made by cannabit. Changing USD to BTC and sending out a div regardless of time and date. Otherwise you would have to keep USD, which might not be a problem, but holding BTC can be a problem. Seeing that the Bitcoin lost 27.44% of its value in the last 30 days it would mean a big hit for divs value if BTC were hold back for such a time only for being able to pay out divs then.

Yes, im a fan of bitcoin, but im in this as an investor.

Hear hear! Everything is on schedule, right Cannabit?

Dont understand my post the wrong way. As far as i know everything is on track and it might get better (ill better remain vague... ). I posted this only here to see what other investors think about it. I imagined that cannabit might hold btc for a month only for being able to pay a monthly div. I could have checked that directly but i wanted to see how other investors react.

Well if you can't reveal anything I guess a PM to Cannabit is in order!

[jeezy]

The next dividend payout is scheduled for November and will be paid out as usual on the 1st. Starting December we will be able to make an effort and move towards monthly dividend payouts.

With the current bitcoin price going down slowly i would suggest sending out divs as soon as the profit is made by cannabit. Changing USD to BTC and sending out a div regardless of time and date. Otherwise you would have to keep USD, which might not be a problem, but holding BTC can be a problem. Seeing that the Bitcoin lost 27.44% of its value in the last 30 days it would mean a big hit for divs value if BTC were hold back for such a time only for being able to pay out divs then.

Yes, im a fan of bitcoin, but im in this as an investor.

Yeah that would make a lot of sense actually. But I doubt they will do it. Obviously the timeframe for conversion is limited to the harvest sellout. Until then no money can be converted because there is none. The only thing they could do is to keep the fiat after a harvest and wait for the price to go up/down again, which none of us shareholders wants I guess. So yeah, everything stays the same.

[MyNameIsSam]

I love seeing all of these harvest photos!!
My favorite strains in this order
OG Kushhttp://www.topdank.com/og-kush-marijuana-strain-information/
Blue Dream http://www.topdank.com/blue-dream-marijuana-strain-information/
Jack Herer http://www.topdank.com/jack-herer-marijuana-strain-guide/

[cannabit]

The next dividend payout is scheduled for November and will be paid out as usual on the 1st. Starting December we will be able to make an effort and move towards monthly dividend payouts.

With the current bitcoin price going down slowly i would suggest sending out divs as soon as the profit is made by cannabit. Changing USD to BTC and sending out a div regardless of time and date. Otherwise you would have to keep USD, which might not be a problem, but holding BTC can be a problem. Seeing that the Bitcoin lost 27.44% of its value in the last 30 days it would mean a big hit for divs value if BTC were hold back for such a time only for being able to pay out divs then.

Yes, im a fan of bitcoin, but im in this as an investor.

Hear hear! Everything is on schedule, right Cannabit?

Yes, everything is on schedule and we are looking nice and solid. =)

[cannabit]

Just wanted to let everyone here know that we are still on schedule and everything is looking good. Every harvest is looking better and better. All PM's have been answered and will have a monthly update posted on the 1st of November. Also, dividends will be paid on the 1st as well. We just finished up another harvest this week so things have been busy on our end. Feel free to PM me if you have any questions. Thank you everyone for your support.

[jeezy]

Just wanted to let everyone here know that we are still on schedule and everything is looking good. Every harvest is looking better and better. All PM's have been answered and will have a monthly update posted on the 1st of November. Also, dividends will be paid on the 1st as well. We just finished up another harvest this week so things have been busy on our end. Feel free to PM me if you have any questions. Thank you everyone for your support.

Thanks for the update. Let's see if we will see dividends on time 

[PoUpA]

Some news (and actually the divs) would be really appreciated.

[bitcoinmuseum]

Hey guys, I just wanted to say we offer online medical marijuana growing classes and live support if anyone was thinking of giving growing a shot. The school is also home to The Bitcoin Museum in Orlando, Florida. So we prefer bitcoin as payment. Medical marijuana didnt pass today, so we still need to bring in revenue to keep the lights on somehow. You can check out the site if you would like.

www.mitnow.com



Bitcoin Museum
http://www.reddit.com/r/Bitcoin/comments/2k5xa6/stop_by_the_bitcoin_museum_in_orlando_fl/

[jeezy]

Just wanted to let everyone here know that we are still on schedule and everything is looking good. Every harvest is looking better and better. All PM's have been answered and will have a monthly update posted on the 1st of November. Also, dividends will be paid on the 1st as well. We just finished up another harvest this week so things have been busy on our end. Feel free to PM me if you have any questions. Thank you everyone for your support.

Any updates? 1st of November....