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Cannabis (Marijuana) Stocks

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User avatar
Jul 11, 2011
4978 posts
3330 upvotes
Ontario
esoxhntr wrote: I hold both..... pardon?
It's been a rumor for a while, that TRST will be bought out.

Both spiked at 1:15PM, most notable on TRST with a huge share purchase. You never know!
Member
Apr 23, 2010
252 posts
120 upvotes
Ontario
hebsie wrote: It's been a rumor for a while, that TRST will be bought out.

Both spiked at 1:15PM, most notable on TRST with a huge share purchase. You never know!
I want my massive (300%+) gains on TRST. Not picky how I get there.
Deal Addict
May 17, 2012
3199 posts
2222 upvotes
ontario
bounce on N tomorrow? i didn't see any news that would warrant this kind of sell off... valuations and man buns aside.
Deal Fanatic
Jul 27, 2015
5770 posts
7830 upvotes
Vegas Golden Knights…
What's soo good about N?

Glad I didnt buy it yesterday!
Newbie
Oct 19, 2013
69 posts
46 upvotes
hebsie wrote: GTI bought-deal, 65m at $20/share, no warrants

Could've been worse! Looks like the news leaked early too
Yeah, this explains the large dump over the last few days.

Warrants have almost become a necessity in bought deals for US operators (and even Canadian LPs for that matter) so it's nice to see they didn't need to issue any.
Deal Addict
May 17, 2012
3199 posts
2222 upvotes
ontario
chilli604 wrote: What's soo good about N?

Glad I didnt buy it yesterday!
They want to be Namazon

me, I'm just looking for a quick trade tomorrow
Deal Guru
User avatar
Mar 10, 2005
12347 posts
5403 upvotes
esoxhntr wrote: bounce on N tomorrow? i didn't see any news that would warrant this kind of sell off... valuations and man buns aside.
Probably just some negative sentiment, you see it in here as well. I only bought some going into the news, will dump it soon
"If you want to improve, be content to be thought foolish and stupid." - Epictetus
Deal Expert
User avatar
Mar 1, 2008
19150 posts
9079 upvotes
Toronto, Ontario
And here I am all in on ASNT and ACB. Bought today... Congratulations to all!
RFD is love. RFD is life.
Deal Expert
May 30, 2005
49008 posts
10301 upvotes
Richmond Hill
PUF got a huge investment: https://www.newswire.ca/news-releases/p ... 89291.html

Can someone check my math and understand, I want to see if I'm understanding this correctly - $40M investment is to be used for the development of Delta facility from a company that, based on the name, seems to have been set up just for the purpose of this transaction - I couldn't find any info on "Delta Organic Cannabis Corp" but they did state they are privately held, so it may be "secret" investors that choose not to be named.

After the deal, they will own 20% of PUF and 20% of the Delta Facility. Since PUF owns 80% of the new facility, that means existing shareholders of PUF will own only 64% of the new facility. If valued at $40M, existing shareholder's equity of the new facility is just above $25M.

There are currently 59M shares before the new investment. So that's a net investment of 42 cents per share.

Since they will own 36% of the new facility, these investors are basically paying $25M for 20% of PUF, or just over 17.8M shares. That puts the value of existing shares at just over $1.40 a share, compared to today's close of 96 cents.
Tons of things for sale!
Silver Coins and Numismatics | Heatware
Deal Addict
Mar 22, 2012
2151 posts
382 upvotes
Toronto
Good thing I didn't go back in N.

I like N overall but just bad luck with them lol. Maybe I will but if it opens like 20% lower.
Member
May 30, 2015
424 posts
432 upvotes
Ontario is announcing rules for retail this week. Could be Namaste mentioned.
Deal Fanatic
Jul 27, 2015
5770 posts
7830 upvotes
Vegas Golden Knights…
johanscott wrote: Good thing I didn't go back in N.

I like N overall but just bad luck with them lol. Maybe I will but if it opens like 20% lower.
Haha. Patience my friend. Hold longer!
Deal Addict
Mar 22, 2012
2151 posts
382 upvotes
Toronto
chilli604 wrote: Haha. Patience my friend. Hold longer!
Im not holding it right now but I have a bunch of buys for 20% lower on a bunch of stocks. I just wont be buying as much of N as i did last time lol.
Deal Guru
Dec 31, 2005
13306 posts
750 upvotes
hebsie wrote: It's been a rumor for a while, that TRST will be bought out.

Both spiked at 1:15PM, most notable on TRST with a huge share purchase. You never know!
I and my 85 call contracts (12 and 13$) would love it!!! If not, I'd settle for a small spike.
Penalty Box
Mar 27, 2004
10493 posts
9009 upvotes
Toronto
no way cgc buying trst
Full-time Realtor
Deal Addict
Jan 14, 2013
2215 posts
2059 upvotes
Toronto
Ouch - that really stings for people that purchased over last few days (myself included)

Maybe not terrible actually - already sold out on both my brokerages. Will have a rough day today but at least the demand is there
Deal Addict
May 17, 2012
3199 posts
2222 upvotes
ontario
no insider trading on that one yesterday... right? geeze -- this company's greeeeaaaazeee

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