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Cannabis (Marijuana) Stocks

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Deal Addict
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Jul 11, 2011
3515 posts
1866 upvotes
Ontario
JRGUINNESS wrote: So glad I went cash!
Yeah, I was gonna PM you. Might be a good night to sit out

Of course you risk missing a big NR, and TRST is given me the vibe, but ..........
Member
Apr 23, 2010
252 posts
119 upvotes
Ontario
microsysn wrote: Looks like ATE is picking up finally today! :)
Did my part.

Glad to be in the green with TBP. Good day overall.
Deal Addict
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Jul 11, 2011
3515 posts
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Ontario
WEED buying TRST tomorrow. Look at those 1:15PM candles and ponder the idea ...........
Deal Fanatic
Apr 25, 2006
6286 posts
1190 upvotes
Namaste just got man handled by a 500LB gorilla
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
Deal Fanatic
Apr 25, 2006
6286 posts
1190 upvotes
ALEF is doing very damn well!
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
Deal Addict
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Jul 11, 2011
3515 posts
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Ontario
GTI bought-deal, 65m at $20/share, no warrants

Could've been worse! Looks like the news leaked early too
Last edited by hebsie on Sep 25th, 2018 5:24 pm, edited 1 time in total.
Deal Addict
May 17, 2012
2376 posts
1099 upvotes
ontario
hebsie wrote: WEED buying TRST tomorrow. Look at those 1:15PM candles and ponder the idea ...........
I hold both..... pardon?
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User avatar
Jul 11, 2011
3515 posts
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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
119 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
2376 posts
1099 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 Addict
Jul 27, 2015
2575 posts
2023 upvotes
Main & Hastings
What's soo good about N?

Glad I didnt buy it yesterday!
Newbie
Oct 19, 2013
63 posts
45 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
2376 posts
1099 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 Fanatic
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Mar 10, 2005
9207 posts
2991 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
Discomfort is your friend
Deal Guru
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Mar 1, 2008
14448 posts
3559 upvotes
Toronto, Ontario
And here I am all in on ASNT and ACB. Bought today... Congratulations to all!
Deal Expert
May 30, 2005
44733 posts
5325 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.
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Deal Addict
Mar 22, 2012
2025 posts
344 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.
Jr. Member
May 30, 2015
152 posts
81 upvotes
GTA
Ontario is announcing rules for retail this week. Could be Namaste mentioned.

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