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Re: Sprycel post# 13333

Sunday, 01/20/2019 7:04:11 AM

Sunday, January 20, 2019 7:04:11 AM

Post# of 52099
As new opportunities arise a good way to close on additional acquisitions/merger is through preferred/restricted shares, common shares or stock swap. giving shareholders ownership in both companies.
I do suspect GCAN will use preferred/restricted shares to close on new acquisitions/merger. ICAN would be the perfect opportunities to use preferred/restricted shares to acquire or merger with or ICAN could just Pay GCAN Royalties.
ICAN Merger should put GCAN right up there with Aurora IMO which also used there shares for the right Deals. Compare GCAN with It's extremely low 33 million O/S and super Low Float to others like Aurora that have nearly 1 billion O/S. GCAN is just getting started and is still undiscovered by the Masses like Aurora was a few years ago when it was trading in the pennies also.
Look and Compare:
GCAN: Outstanding Shares 33 million O/S Trading at .18 Cents
Aurora: Outstanding Shares 958 million O/S Trading at $7.00


GCAN's A/S can not be raised without a filing and we can call the T/A for the O/S. So we will know if there is any dilution. Most companies dilute when they are getting started. It's how they use those shares that matter. If they use them for the right deal or acquisitions. That's how they grow. Aurora has diluted there O/S to almost 1 billion shares. Yet they made the right deals. Just like GCAN which has less than 34 million O/S. Has made the right Deal with ICAN. which once finalized should bring GCAN much value.
When Low O/S stocks get high volume they tend to move up rather quickly. The trick is to catch them after they got beat down from shorting or no obvious reason. GCAN is one of the lowest O/S cannabis stocks that has this low of an Outstanding shares count and float period. GCAN should already be trading in the dollars IMO!
I hope Our ORAL cannabis strip ends up in this retail store:

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