Nova Cannabis Inc (NVACF)

[antonaki2]

Looks like it will begin trading as Nova Cannabis (NOVC) in Canada on Wed March 24th. Actual deal expected to close Mar 22 and there should be a halt and news release on that day if everything is approved by the exchange.

The approx share count will be 58M outstanding after the reverse takeover of YSS Corp. The addition of Alcanna's stores to those of Yss Corp should result in a Canadian cannabis retail store count of approx 53 till we hear otherwise.

Looks like the combined entity will be profitable or very close to it right out of the gate and should garner plenty of interest after having secured and closed a recent $40m financing at $3 per share.