Investing

Marijuana Stocks

  • Last Updated:
  • Jun 20th, 2018 9:03 pm
Jr. Member
Sep 18, 2016
135 posts
28 upvotes
1Ogiku2 wrote:
Jun 12th, 2018 9:36 pm
any idea whats going on with Emerald Health EMH? Best price was just shy of 10$/share and since then it just goes down.
bump
"Just because it's illogical doesn't mean it can't continue to move up"
Deal Addict
Apr 25, 2006
4281 posts
287 upvotes
esoxhntr wrote:
Jun 13th, 2018 6:55 pm
I am not going to pretend that i understand what this means. Can someone explain? Feel free to explain as if you are talking to an idiot. Is this the reason why CGC is down nearly 3% after hours NYSE?
Raising capital via bonds with the option to convert into equity (potential dilution) is what I think it is. Feel free to correct me anyone.
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
Deal Addict
May 17, 2012
1351 posts
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ontario
1xTiMeR wrote:
Jun 13th, 2018 7:55 pm
Raising capital via bonds with the option to convert into equity (potential dilution) is what I think it is. Feel free to correct me anyone.
hmm., this is what I learned in the last 20 mins

Canopy: "Lend us $1000 at 10% interest annually"

Me: "Here you go"

Canopy: "Great, in 2023, we owe you 1610.51" (10% * 5 years of compound interest)
"We will pay you in cash, stocks or a combination"

if share price in 2023 is $161.051, I will get either 10 shares, $1610.51 or some combination. Dilution will occur if they don't have enough cash to cover the principal + interest (or choose not to pay the loan back from their cash).

how did I do?
Newbie
May 13, 2018
3 posts
Anyone went in on previous CBW now renamed as Auxly Cannabis Group Inc.?

It seems like the company has money but it's really low in price worth...

Any insights?
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Feb 27, 2015
1100 posts
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Toronto, ON
JoJoC93704 wrote:
Jun 13th, 2018 9:23 pm
Anyone went in on previous CBW now renamed as Auxly Cannabis Group Inc.?

It seems like the company has money but it's really low in price worth...

Any insights?
Few people here are holding... I know there was a BD at 1.40 but I have no idea why this thing has slide Al the way down to 1.12 now.

Could be because they don't grow weed themselves, but rather acquire it from the company's they help consultant?

Think after royal assent it will pop back tho. Well hopefully anyways
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Jul 27, 2017
1136 posts
370 upvotes
esoxhntr wrote:
Jun 13th, 2018 8:08 pm
hmm., this is what I learned in the last 20 mins

Canopy: "Lend us $1000 at 10% interest annually"
do you have a link to where they state the 10% interest?

are they listed & tradeable on the TSX, if so when & under what symbol?
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Jul 11, 2011
2473 posts
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Hiku Brands and WeedMD: Transaction Update
https://globenewswire.com/news-release/ ... pdate.html

RavenQuest Announces Intent to Purchase Majority Stake in Elephant Extracts
https://globenewswire.com/news-release/ ... racts.html

Hydropothecary receives its first phase of licensing for 250,000 sq. ft. greenhouse expansion
https://globenewswire.com/news-release/ ... nsion.html
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Aug 9, 2011
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GTA
JoJoC93704 wrote:
Jun 13th, 2018 9:23 pm
Anyone went in on previous CBW now renamed as Auxly Cannabis Group Inc.?

It seems like the company has money but it's really low in price worth...

Any insights?
Can anyone shed some light as to what is good about this company? (CBW?)
I understand that they will receive streaming income from the mj companies they fund?
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Jul 11, 2011
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We should see a WEED gap-down off the two late PRs, but expecting them to have a quick recovery into the morning session.

I'm sensing a couple days of incoming green days. Senate news/updates/leaks could really spark something off here.
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May 17, 2012
1351 posts
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porticoman wrote:
Jun 14th, 2018 7:31 am
do you have a link to where they state the 10% interest?

are they listed & tradeable on the TSX, if so when & under what symbol?
the 10% was just a number i pulled out of my............ just to illustrate the example. i don't believe details have been released yet.
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Jul 27, 2017
1136 posts
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esoxhntr wrote:
Jun 14th, 2018 8:27 am
the 10% was just a number i pulled out of my............ just to illustrate the example. i don't believe details have been released yet.
^ thanks

anyone sees or finds the details or prospectus, appreciate if they could post it on here
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Feb 27, 2015
1100 posts
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imflying12 wrote:
Jun 14th, 2018 7:56 am
Can anyone shed some light as to what is good about this company? (CBW?)
I understand that they will receive streaming income from the mj companies they fund?
My understanding...

They don't grow themselves, so they don't have to front the cost to produce. Rather they invest / consult growers for a state of the product once it is produced.

AKA they invested in HUGE, and once HUGE is up and running XLY will receive 49.9% stream of all cannabis produced.

As per the TSX New Feed: https://web.tmxmoney.com/article.php?ne ... symbol=XLY

"Pursuant to the Company’s agreement with FV Pharma, in exchange for access to the Cannabis Wheaton platform which includes ongoing financial, design and operational support and expertise, Cannabis Wheaton will receive a 49.9% stream of all cannabis (or cannabis-derived products including any immature cannabis plants and any cannabis trim) produced at the Facility, under partnership with Cannabis Wheaton, in perpetuity."

It's actually kinda smart, but a Long Play.

I think that's why it's been on the decline recently... since they don't have any MJ producer with product for sale yet.

Please correct me if I am mistaken.
Deal Addict
Feb 27, 2015
1100 posts
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Toronto, ON
Is there any way to see where in line you are for you order to fill?

I have been at .22 in GLH for 5 days, and while it has hit multiple times, i have yet to be filled.
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Jul 11, 2011
2473 posts
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herculesmaxpower wrote:
Jun 13th, 2018 9:58 am
Have an order to buy more XLY at $1.10. Need to average down.
If/when it breaks $1.12, it should get some legs. Folks are tuning in, waiting for a strong bounce

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