Moosehead and Sproutly..
I read this is another board.. wanted to share with you..
Makes sense..
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ALL READ! Twisted Tea, Estrella Damm, Angry Orchard Cider
Twisted Tea, produced by Moosehead, is hardly an old mans brand and is extremely popular here in Canada. Almost everyone under 30 knows what Twisted Tea is, especially females. Also, Angry Orchard Cider is fairly well known.
Moosehead also brews for Estrella Damm which is a Spanish company, meaning they have a foothold in Spain, a country who has some of the most liberal cannabis laws in the world. If it becomes commercially legal in Spain this is a fantastic partner. Cannabis is currently legal for personal use and cultivation in Spain. CGC recently made a move into Spain, so maybe they know something is on the horizon there.
Moosehead is significant partner. Estimates put their annual revenue around 270-350 million (I know this varies year by year). If Moosehead was a publicly traded company their market cap should comfortably be 2 billion by my estimates (again, this varies month by month).
I realize a lot of people were expecting a publicly traded multinational with an insane market cap, but this is a very good deal for a company as new as Sproutly.
Moosehead is the 4th largest brewer in Canada...they only traily the massive multinationals. This is significant, people. Sproutly is basically an unheard of company and they landed the 4th largest brewer in Canada. Let that sink in.
While I’m at it, I should point out they are only the third cannabis company to announce a deal of some kind with a big alcohol company. This is pretty incredible given Sproutly’s market cap.
If Moosehead is partnering with Sproutly then Infuz2O is 10000% legit.
On Global Canna, I think the consensus is that the new management didn’t fancy this deal, or Global Canna is not in a position to further it.
Moosehead is NOT Global Canna. This venture WILL BE created in a timely fashion.
Like I said earlier, EVERY company who has announced a deal has seen significant selling and profit taking on the day of the deal. SELL THE NEWS is a real thing.
If anyone was expecting 200% gains in a single day then i’ll politely say they don’t know much about the stock market. A 200% move for a company with a 170m market cap would be quite the feat and would require an investment equal to the market cap of the company, or a pump and dump scheme.
That’s all I got for now. Sorry if I typo’d.
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