Saturday, September 01, 2018 2:45:59 PM
they capitalize weed companies and then take a cut of the profits.
is it real?
I looked at these guy a while back and then completely forgot about them. Yesterday one of my "building mo" scans picked them up again.
we have to look at the companies they're funding to see if there are or will be any profits to get royalties from. I thought there investments to date looked at least interesting.
https://fincannacapital.com/royalty-portfolio/investment-portfolio-summary/
The fins say they have some $ coming in from loan interest, but I'm not sure if they're seeing revenue royalties yet.
The last form 7
https://webfiles.thecse.com/2018-07.pdf?zF2m_cTjWR1HgT7VSq0WGTXui6n86i8i
annual report:
https://webfiles.thecse.com/investorx/CALI/1808281651284106.pdf?gMeE.pzPlgtHIlvI3eOiSRjplsd.9lXh
MD&A:
https://webfiles.thecse.com/investorx/CALI/1808281653177622.pdf?j7Np9mRPdkZVdLQeVdCUcL20NG3RijTD
Last news (bod appointment):
https://webfiles.thecse.com/investorx/CALI/1808300457019882.pdf?OcXiCpO7iTUStvdA2z2L9q4LyyI5eAWp
As a chart play they are a buy imo. If not immediately, then as good entry points emerge.
As a long investment, I need to find out more about the underlying companies.
What have you found out about them?
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