NoHo Inc (DRNK)

[ed7777777]

A warrant is similar to an option, giving the holder the right but not the obligation to buy an underlying security at a certain price, quantity, and future time.

Warrants can offer some protection during a bear market, where, as the price of underlying shares begins to drop, the relatively lower-priced warrant may not realize as much loss as the actual share price.
https://www.investopedia.com/trading/warrants-risky-but-high-return-investment-tool/