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Earnings pre market tomorrow 11/13/2020 let’s go zenabis!
New York and Connecticut not far behind New Jersey. The Cannabis sector should explode in 2021.
https://www.marijuanamoment.net/connecticut-governor-says-legalizing-marijuana-would-prevent-covid-spread-by-reducing-travel-to-new-jersey/
https://www.marijuanamoment.net/time-is-ripe-for-legal-cannabis-ny-gov-says-newsletter-november-6-2020/
Looks like Biden Harris anticipation move
New Jersey voters approve legalizing pot.
https://www.mcall.com/news/breaking/mc-nws-new-jersey-approves-recreational-marijuana-20201104-fqymdhnqeja65gopk4sw25d6ey-story.html
What’s the date for the next financials
short position down interest down 79%.
https://www.modernreaders.com/news/2020/10/15/zenabis-global-inc-otcmktszbisf-short-interest-down-79-3-in-september.html
Looks likes there's another reason Zenabis is in penny land ....
Anyone seen this report on Moez Kassam/Anson Funds yet? It's making its rounds on various links (guess it keeps getting taken down but someone was smart enough to archive it) https://archive.st/archive/2020/10/marketcrimes.ws/s6yi/marketcrimes.ws/2020/10/02/moez-kassam-and-anson-funds-a-tale-of-corruption-greed-and-failure/index.html
This is why Zenabis is in penny land. This article says it all: https://moezkassam.com/moez-kassam-and-anson-funds-a-tale-of-corruption-greed-and-failure-2/
This!
The last run- they had an accounting "glitch" that dropped the price and now this warrants issues.
It is time for them to put out some good numbers and think about the shareholders. This stock is very undervalued.
To bad we couldn't vote for the company to stop Fucking up and make some cash and get the stock price higher. Oh, and stop diluting our shares.
$ZBISF~"RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING" https://www.zenabis.com/zenabis-global-inc-announces-results-of-annual-general-and-special-meeting-2/
.
Wtf this stock is curling up and dying. What a crap show cut the stock in half by doing their dilution. Had to be a better way.
Small price to pay for profitability come on Altman get us to good !
What do you guys think about this : Zenabis Announces Overnight Marketed Public Offering of Units for Proceeds of Approximately 6 Million
09/16/2020 06:12 PM ET
Zenabis Announces Overnight Marketed Public Offering of Units for Proceeds of Approximately 6 Million
Canada NewsWire
VANCOUVER, BC, Sept. 16, 2020
Sep 16, 2020 (CNW Group) -- /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FORDISSEMINATION IN THE UNITED STATES/
VANCOUVER, BC, Sept. 16, 2020 /CNW/ - Zenabis Global Inc. (TSX: ZENA) ("Zenabis" or the "Company") is pleased to announce that it is commencing a "best efforts" overnight marketed offering of units ("Units") of the Company (the "Offering") for gross proceeds of approximately $6,000,000 with ATB Capital Markets Inc., as lead agent on behalf of a syndicate of agents to be formed (collectively, the "Agents").
Each Unit will be offered at a price of $0.085 per Unit and will consist of one common share of the Company (each, a "Common Share") and one common share purchase warrant (each, a "Warrant") to purchase a Common Share at a price of $0.10 for a period of 60 months following the closing date of the Offering. The Units will be offered in each of the provinces of Canada, except Québec, pursuant to a prospectus supplement to the Company's base shelf prospectus dated April 9, 2019 (the "Shelf Prospectus").
Zenabis intends to use the net proceeds of the Offering for general working capital and corporate purposes and the partial repayment of the Company's unsecured convertible debentures.
The Company also expects to grant to the Agents a 30-day over-allotment option to purchase up to an additional 15% of the number of Units offered in the Offering. The Offering is expected to be priced in the context of the market, with the final terms of the Offering to be determined at the time of pricing. There can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. The Offering is expected to close on or about Wednesday, September 23, 2020 and will be subject to customary closing conditions, including the listing of the Common Shares on the Toronto Stock Exchange.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction.
Yes I'm getting pretty excited about the turn around they have managed the last couple of quarters. This will take off in November or early next year and never look back. Can't wait.
$2.40 would give them a 1.4 billion market cap which is higher than Aphria and $7.00 would be a 4.3 billion market cap which is getting into the Canopy range. Seems a bit high for a company with 619,000,000 outstanding shares. A jump up is logical for this though with the revenue they bring in. Volume is pathetic though.
This sector is so manipulated it’s Rediculous
Currently at less than levels PRE-legalization when this company was a shell.
When it's deemed the sector is crushed to the point of no return, big money will step in and sector news will be fabricated to justify the various stocks' rise.
The next quarter should be huge!
They have been lowering their debt while increasing new partners and growth.
The pps is a bargain right now for one of the top 5 growers in Canada.
Agree I really thought it would go to .25 last quarter kind of amazing how this has been trading but no matter this stock is a rising star.
Revenue is soaring. This stock should be trading in the $2.40 to $7.00 range. 3rd quarter is going to be their best ever.
As long as new CEO creates a good cost structure this should have great upside. They have good strains that sell well from what I’ve read
I feel like a broken record saying the same things over and over. Cannot stand how bad this stock has got taken down! They have too much going for them to be trading this low. They need some coverage in the market and they need to get into the bracket with cgc acb apha TLRY cron etc. Get this thing some shareholder value!
They need to get off the pink sheet and get some market maker coverage by drawing in Wall Street
They had a deal to supply Tilray last year with 30m dollars worth and Tilray has supply to the us idk what’s up with this stock it’s been nothing but beat up!
No they are in Canada and the EU As well as their propogation to the US
Research Note
Zenabis Global Inc. (TSX: ZENA)
Friday, August 14, 2020
Having achieved back-to-back quarters of adjusted EBITDA profitability, Zenabis Global Inc. was upgraded to "speculative buy" from "hold" by Canaccord Genuity analyst Kimberly Hedlin. "We believe a pipeline of Cannabis 2.0 products will continue to boost revenues over the next couple of quarters while propagation segment net revenues will continue to grow beyond $20-million per quarter over the coming 24 months," she said.
Target: Ms. Hedlin raised her target to 45 cents from 20 cents.
Internal: For Canaccord Genuity client consumption only – not for public distribution. Client facing: Client Resources, Canaccord Genuity Group Inc.
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES.
Totally agree awesome Q2 results they hit all the marks right on target and their forecast for Q3 is excellent we have a winner here. So why did the SP go down? I think this is being played by a few major players and they are shorting and then picking up shares from weak hands, also a good sign if you know how to read it. If this gets to .08 CDN I will double my position. I think it pops in September sometime once the new CEO issues his first update. Over 5M shares traded on the Canadian Market today..think about it. Going to make some real coin on this one.
Numbers looked just fine. Not a bad earnings for the first year so far. Many catalysts in the future. New ceo takes the reins in September and he’s got plenty of experience. So far I feel just fine about where they are and their business plan.
Wonder why the massive drop, numbers didn’t look that bad. Good revenue...
This stock should be heading toward yearly highs soon! They have too many revenue sources coming into fruition to be down this low.
Best pot stock to invest in right now, imo!
Looks like this is slowly creeping back up hopefully new CEO helps to keep it going. They do have good quality flower.
New CEO resume is perfect, great fit for zenabis. Resume includes McCain foods and Wrigley!
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