Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Interview yesterday with Hugo Alves of CBW
https://news.lift.co/hugo-alves-cannabis-wheaton-diversity-regulation-investor-fatigue-future/
Cannabis Wheaton Income Corp. and Mackie Research Capital Corp., acting as lead agent and sole bookrunner, have agreed to revise the size of the previously announced best efforts private placement of special warrants and convertible debenture units, from up to $50-million to up to $60-million plus a 15-per-cent overallotment option
This looks like some good news to me
2368523 Ontario Limited (d/b/a Curative Cannabis) ("Curative"). Curative has applied to become a licensed producer pursuant to the Access to Cannabis for Medical Purposes Regulations ("ACMPR") with its proposed facility in Chatham-Kent, Ontario (the "Facility").
Curative's Facility will be purpose built for cannabis cultivation and has been designed by the expert team from Cascadia AC. Cascadia has emerged as one of the leading design and build firms in the Canadian cannabis industry and has worked on several ACMPR facilities across Canada, including leading the design and build out of the environmental control systems at Broken Coast's facility in British Columbia. The Facility is anticipated to have an initial footprint of 21,000 sq. ft. However, Curative owns an option to purchase the neighboring 33.09 acres of land thereby allowing Curative the option to expand its Facility up to 800,000 sq. ft., subject to market demand and regulatory approval.
Read more at http://www.stockhouse.com/news/press-releases/2017/06/20/cannabis-wheaton-features-partner-curative-cannabis#RiuvzXUYer72ry1I.99
2017-06-15 02:45 ET - News Release
Mr. Chuck Rifici reports
CANNABIS WHEATON APPOINTS NOTABLE INDUSTRY PLAYER MICHAEL LICKVER AS EVP OF STRATEGY; UPDATES FINANCING
Cannabis Wheaton Income Corp. has appointed advisory board member and cannabis industry leading expert Michael Lickver to the position of executive vice-president of strategy.
Mr. Lickver is currently a corporate and commercial associate at Bennett Jones LLP, where he is a key member and helped build the firm's cannabis group, the leading cannabis-focused legal advisory business in the country. Mr. Lickver has played a key role in a variety of domestic and international corporate and commercial cannabis-focused transactions. He speaks regularly at conferences across North America on topics related to the cannabis industry, is a frequent author on cannabis issues and is currently the Canadian editor of the International Cannabis Law Journal.
Mr. Lickver is also on the board of advisers of Stoic Advisory Inc., a consulting firm focused on providing corporate finance expertise to clients in the global cannabis industry, as well as the board of directors of Summit Leaders, a not-for-profit organization that aims to help Canadian youth engage in entrepreneurship. In addition to his work as pro bono counsel to Cannabis Canada and Canadians for Fair Access to Medical Marijuana, Mr. Lickver is an adjunct professor at Western Law School, where he teaches "Medical marijuana: law and practice," a law school course, which he co-designed and the first of its kind in Canada. Mr. Lickver earned law (JD) and MBA degrees from the University of Western Ontario and the Richard Ivey School of Business.
As executive vice-president of strategy, Mr. Lickver will be responsible for developing, communicating and executing Cannabis Wheaton's corporate strategy initiatives.
CEO Chuck Rifici on Bloomberg interview
https://www.bloomberg.com/news/videos/2017-06-07/cannabis-wheaton-forges-ahead-with-financing-round-video
Lots of negative BS on this one because there is a 32 million short position, maybe hoping to cover in a financing??
http://shortdata.ca/largest-short-positions/
and click on TSX Venture
This doesn't look good: https://www.midasletter.com/2017/06/cannabis-wheaton-financing-dead-water/
Maybe CBW has come up with something else...I hope.
Looks like that IKN organization hates Cannabis Wheaton for some reason. Lots of articles from them saying it is a scam. Think they are trying to short it or do they have another motive?
"When marijuana was criminalized in 1923 under the act to prohibit the improper use of opium and other drugs, the reasons that possession, manufacturing, or purchase of cannabis should be illegal were hardly debated. As parliamentarians, it is our obligation to debate to the best of our ability the critical issues facing Canadians in this important institution and to create the laws that protect them and their inalienable rights. Today, we can have the debate that never occurred in 1923.
"The prohibition on cannabis has failed. It victimizes ordinary Canadians and it emboldens criminal elements in our society. The current prohibition on cannabis disproportionately targets minority groups in Canada and has altered the lives of individuals who received a criminal conviction for carrying a small amount of marijuana, including lost employment opportunities, immigration issues, social stigma of being branded a criminal, and imprisonment. It is worse than the problem it was designed to protect us from."
Doug Eyolfson Charleswood—St. James—Assiniboia—Headingley, MB, speaking on May 30th in the Cannabis legalisation debate (Bill C-45) in the Parliament of Canada.
https://openparliament.ca/bills/42-1/C-45/?page=4
Steven Blaney, Bellechasse—Les Etchemins—Lévis, QC - Conservative - speaking on May 30th in the Parliament of Canada on the C-45 Bill debate said:
"...the government wants to line the pockets of their Liberal cronies at the expense of the health and safety of Canadians.
"That is right. The only kind of capitalism the government approves of is crony capitalism. For the rest of us, it is bread and circuses.
"We have tightened the rules for political fundraising, but that is not enough. There will be an industry that will sprout billionaires as a result of government largesse. That is how the Liberals will become rich. Unfortunately, that is what lies behind this bill.
"It has already happened. People like Chuck Rifici, the former treasurer of the Liberal Party, co-founded Canopy Growth, a company that is now worth billions of dollars. Until last summer, he was the Liberal Party's chief financial officer. In fact, Mr. Rifici still worked for the Liberal Party when he co-founded Tweed, the company that has become the largest producer of medical marijuana in the country.
"The same Mr. Rifici, a well-known Liberal, was also a member of the board of directors of Aurora Cannabis until May 8, and he is now the CEO of Cannabis Wheaton, which helps cannabis producers become publicly traded companies.
"Is the connection clear? The words “cannabis”, “Liberal”, and “legalization” add up to “a lot of money”.
REBUTTAL
Bill Blair, Parliamentary Secretary to the Minister of Justice and Attorney General of Canada, reacting to claims by Conservative Steven Blaney Bellechasse—Les Etchemins—Lévis, QC on May 30th in the C-45 Bill debate:
...."the member for Bellechasse—Les Etchemins—Lévis made reference to a number of organizations who are licensed producers in this country, and he made a suggestion. It was more than a suggestion. He actually made a bold declaration that somehow there has been some kind of political preference given to these particular licensees, and he named four of them: Tweed, Canopy, Aurora, and Hydropothecary.
"I just wanted to ask the Parliamentary Secretary to the Minister of Health, who knows something about the licence applications, if he thinks it would surprise the member to learn that all four of the organizations mentioned by the previous member in his speech received their licences from the Conservative government, and not from us."
Anyone know what the "unfounded allegations" are?
and ACB halted since yesterday.... rumours rumours...
May 26-Halted again!
Cannabis Wheaton (KWFLF) is still halted. Is it just me or are they going crazy real fast with their low share price and need for boatloads of $'s to fund their agreements?
Fidelity will allow a purchase on this stock.
Yep, thats why I need to ...retire soon
TD ticker is actually KWFLF
Ameritrade will trade CA but you have to call them. Or its KWLFL on the OTC. Etrade won't do CA's at all.
Weird. Not sure what their ADR is id look into emailing investor relations on their website about that.
They don't do the Canadian Exchanges...I just plugged CBW in and it says:
The symbol you entered (CBW) is not valid.
Im with national bank direct. You should be able to buy CBW with ameritrade I dont see why not
What do you buy this stock with? I cant buy it with my Ameritrade account correct?
TIA
200mm market cap with no sales nor direct licenses under their belt.... looking forward to finis... maybe hop in at .50c
Followers
|
20
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
264
|
Created
|
05/09/17
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |