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Sure I guess the company’s press release is inaccurate. I’d definitely trust Zacks over the company lol
57% goodwill-asset ratio.
All major peers are under 30%, impairment coming Thursday IMO
Very strong day today considering CGC & sector-wide weakness all day. $OGI has the best looking chart in the sector IMO
Why is this board so dead? If you're long you got in before the institutional buyers really start showing up. Decent activity the past month, let's see if the buying ramps up
https://fintel.io/so/us/ogrmf
This is starting to sounds like theres an SEC investigation coming.
Why wasn’t Vic quoted in the PR today? Where’s the line by line rebuttal? Their lawyers know something...
$APHA is a great company undervalued at these prices but Vic & other senior management need to step down so they don’t destroy the brand.
All my opinion of course
I’m a bull on $WEED $CGC for the long haul but this is due for a correction along with some of its peers. I’m expecting a lot of new financing to take place across the sector with everyone’s valuations soaring to absurd levels
Investors need to take into account $WEED / $CGC issued 104.5M shares as part of the constellation investment. That’s a 40%+ increase in the shares OS
They also just closed on the Hiku acquisition paying a whopping $375M, and in turn issuing ANOTHER 7.82M shares.
The shares outstanding will jump from 200M ish to 312M... over a 50% increase! Making the true market cap over US$15B and CAD$20B+
Holding up nicely here! The next 45 days are going to be fun :)
great move here this week - expecting another big move when news drops about the expansion being completed
Agreed this is a no brainer at a $100M market cap
Great consolidation the past couple days. Let’s see this push through the $1.70s this week
I’m bet we see expansion news sooner then everyone expected... they’re spending some serious coin for the first time on stock promo and IR
Just getting started 50M outstanding puts this at a CA$100M market cap. This is the cheapest Canadian weed stock with a sales license, market cap should be between $150-200M
All IMO of course :)
52M o/s and insiders hold a huge chunk of it.
Expansion news in the next month or two and revenue starts rolling in next month.
Easy double from here IMO
Sales license news is out! Expecting to see a 60-70% move this week, would be great to see the sector green this week
https://www.newcannabisventures.com/hiku-brands-receives-health-canada-cannabis-sales-license/
I smell sales license news
Nice consolidation in the low $2s - great area to be at when we get sales license news... expecting a run into the mid $3s
Very nice consolidation in the $1.80s great setup for blast off upon the sales license getting issued
Completely agree Nelly. $BLEVF is a hidden gem.
Big thing to note is the share structure, they haven’t had massive dilutive financing like every other LP. 50-60M outstanding is nothing
$BLEVF big week ahead - show me sales license news! This low float should have a $200M market cap shortly after. GLTA!
$DJACF big week ahead - show me sales license news!
Small share structure - only 50-60M o/s and insiders hold 10M+ shares. The Canadian volume is much better.
US Volume isn’t great but it’s incredibly undervalued at a $100M market cap in the last stage of sales license process.
$DJACF Great move yesterday while majority of cannabis companies were red. Expecting continuation today
$BLEVF is one of the lowest market cap LPs at $118M with just 58M o/s of that $10M is held by insiders.
Completed pre sale inspection on February 8th, the final step in the application process. Sales license news can be any day now which sends this to $4+ IMO
Big move yesterday - imminent sales license news and international expansion. This one will not be quiet for long!
Great action today
Boom! Great move! I smell sales license news next week :)
$DJACF Nice action this afternoon!
Nice action this morning... great to see higher lows continue to be put in
Sales license news 2-3 weeks away IMO - I’m loading up down here. One of the most undervalued LPs
DJACF has imminent news of their sales license being issued... expect to hear something in the next 2-3 weeks max IMO :)
SUPREME SECURES SUPPLY AGREEMENT WITH NAMASTE
$6M purchase order for 2018.
http://www.supreme.ca/news/press-release-details/2018/Supreme-Secures-Supply-Agreement-with-Namaste/default.aspx
Yup I think the Broken Coast deal sets a precedent of a $200-250M mkt cap for Doja/Hiku
Strong! Amazing chart, excited for the next leg here
Nice churn, this will pop again soon
Nice action today, good to see the $1.80s hold up
beauty
Nice trend here, time to move back into the $2s
Agreed, so undervalued, let’s see if the new management can turn the biz around. This is definitely a potential acquisition target for one of the big guys
Great action this week, merger scheduled to close way ahead of schedule.
Give me sales license news!