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I have a feeling this could get propped up between .0005-.0010- pre-split , Then possible small sell off or it could shoot upward over $1 and if they release news about the tri-merger with any revs this could be between $2-4 before we know it and your post split shares will look pretty damn good price wise. Look at EDR price , Bomo may not be far behind..
https://www.bloomberg.com/quote/EDR:US?leadSource=uverify%20wall
A retire of 70% or more of shares and pull them from the market. We could be looking @ .25 to .50 or more before the end of the year. Just a thought but anything is possible. Going long on this either way.
Your going to trust Davinci he himself pumped up TXTM as I see it with that company is that the new CEO does not know how to conduct himself and spewing out nonsense..I would question why Davinci has been pumping up that so called reverse merger.
Check it out..
This will be multiple $$$ before we know it !
Once this Surfs Past a $1 that's when the fun is really going to start !
Thanks to Fox News for Spreading the Fear.
The Bid is growing this is about to give way !
Definitely, This is ready to pop soon enough !
The Bid is growing here...
I have feeling this is going to BOOOOM !
Cannabis Global, Active Health Foods, Inc., and Massachusetts Based The Hub Craft, LLC Enter Non-Binding Letter of Intent to Develop California Cannabis MSO
8:02 AM ET 1/4/22 | Dow Jones
LOS ANGELES, CA / ACCESSWIRE / January 4, 2022 / Cannabis Global, Inc. (OTC PINK:CBGL) (the "Company"), today announced the signing of a non-binding letter of intent to create a joint venture, that also includes an option to acquire a controlling interest in The Hub Craft, a licensed and permitted Massachusetts cannabis business operator, who is in the process of building extensive cannabis cultivation, manufacturing, and retail capabilities.
Under the terms of the proposed joint venture, the Company, Hub Craft, and Active Health Foods, Inc. (OTC PINK:AHFD) will form a California corporation to enter the California cannabis marketplace. In addition to being granted exclusive licenses on all Hub Craft products, branding, and associated technologies for the State of California, the joint venture will be provided an option to purchase a 51% controlling position in Hub Craft anytime within nine months of the effective date of the joint venture for a price of $15 million.
Active Health and Cannabis Global are interested in The Hub Craft for additional reasons beyond its products and brands. While many states, such as California and Oregon, are seeing massive overproduction of cannabis, the Massachusetts market is only in its early stages. Generally speaking, while cannabis prices on the West Coast have dropped dramatically, prices in the Massachusetts markets have remained remarkably robust. Cultivation licenses in the State of Massachusetts are limited to a maximum of 100,000 square feet, which the Company believes will prevent the much larger cannabis industry players from dominating the Massachusetts marketplace. Additionally, all three companies see a massive population in the Massachusetts area that is primed to become avid legal cannabis consumers. While the population of Massachusetts is only approximately seven million, there are an additional approximately 25 million in the neighboring states of New York, Connecticut, and Vermont who have no or limited access to legal recreational cannabis. The Companies believe these approximately 32 million residents represent the second largest cannabis market in the United States outside of California.
"We are particularly impressed with the robust technologies The Hub Craft is introducing to the marketplace and we feel these will be well received in the mature California markets in the Los Angeles and San Francisco metro areas," commented Arman Tabatabaei, CEO of Cannabis Global. "We are looking forward to collaborating with both the management teams of Hub Craft and Active Health Foods to create a unique set of assets to serve the significantly sized California marketplace."
While the executives of all three companies have agreed to the proposed initial terms of the joint venture to address the California market as outlined in the non-binding letter of intent, no definitive agreement has been signed. Moreover, there are still a considerable number of details to be worked out before the companies would be able to finalize an agreement. Thus, there can be no assurance a transaction as contemplated will ultimately take place.
Mr. Glen Bonilla, CEO of Active Health Foods, commented, "The Hub Craft has a top-flight management team, and the Company is fully licensed and is launching operations in what we expect to be one the hottest North American cannabis markets. This joint venture will allow Active Health to enter the California marketplace with market-ready brands, formulations, and, most importantly, stellar management team members. Over the coming weeks, we plan to work diligently to finalize a definitive agreement for this joint venture for the benefit of all shareholders."
About Cannabis Global, Inc.
Cannabis Global, Inc. is a Los Angeles-based, fully audited, and reporting Company with the U.S. Securities & Exchange Commission, trading under the stock symbol CBGL. We are an emerging force in the cannabis marketplace with a growing product and proprietary intellectual property portfolio. We are marketing and producing Comply Bag(TM), an innovative solution for cannabis storage, transport, and tracking. Our subsidiary, Natural Plant Extract (NPE), is a Southern California licensed cannabis manufacturer and distributor which licenses our technologies to produce edibles for the cannabis marketplace. Cannabis Global has filed three non-provisional and multiple provisional patents for cannabis infusion and nanoparticle technologies and continues an active research & development program.
About Active Health Foods
Active Health Foods recently acquired CoinChamp, Inc., and the operations of CoinChamp now represent the operations of the entire Company. CoinChamp is developing a platform for the plug-and-play creation of non-fungible tokens. More details will be disclosed in the near future. Glen Bonilla, President, and CEO, is an experienced serial entrepreneur with an extensive banking background, years of managerial experience, and a fresh vision as a tech-savvy millennial CEO.
Forward Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including "could", "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential" and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report.
CONTACT:
Arman Tabatabaei
IR@CannabisGlobalInc.com
+1 (310) 986-4929
IR Contact:
John Grosso
I see silver by years end into 2022 and then paper mid 2022, Once we see Revs this could get very interesting here.
Definitely Agree, Just a matter of time...
This has silver then paper written all over it, just a matter of time before peeps wake up and take advantage of the low price.
Where does it state AS increase here ?? " it has increased its authorized capitalization in order to effect acquisitions"
Get your facts straight before posting BS !!
You and your Buddy KFF spreading FUD !!
Highlight the PR to show me where this increase is ??
That PR in no way states a O.S increase !
What kind of BS as you spewing..Where do you see the O.S increase its not in the security details as of yet..
We are getting closer and closer to lift off, This ones a Gem with what's instore in the not so distant future.
We have to be close to breaking out with news pending.
All we need is Ignition and this will take off.
These prices are going to look awfully cheap pretty soon. I see silver on the horizon and possibly $2-3 by mid next year.
FYI-I did very well on that play I got in the same price this is @ currently, any thing is possible
Always the case..
Gap is filled time to roll..
Spot on and totally agree, Being cash positive is key which could make this a very good play either in the short term or long term on how it plays out. I think we will find out very shortly these prices may not be here for much longer MM's are trying to hold this down as long as they can.
Think about this TSNP had 7B and it went over $1 in short order. If the company buys back half of those shares and the incoming acquisitions also agree to do the same this could rocket.
Things are going to get quite interesting here and up to speed.
I think we see $2-3in 2 years or less if a share buy back happens who knows where this PPS will be at that point.
I have a feeling this could go even north of $.50 by next year if the stars align. And if there was a share buyback this would take off.
I have feeling these gift prices won’t be here to much longer, just a matter of time before this jets north and breaks away.
Definitely !!
This could rocket ship right into the next universe..
That they do
I will be fishing for a few myself
If It gaps down to the fill mark of 0.0520 it will be short lived.