Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum MTL Cannabis Corp C.MTLC

Alternate Symbol(s):  MTLNF

MTL Cannabis Corp., formerly Canada House Cannabis Group Inc., is a Canada-based company, which is focused on crafting cannabis products, including lines of dried flower, pre-rolls and hash marketed. It uses hydroponic growing methodologies supported by handcrafted techniques to produce products that are crafted for the masses. It has also developed a number of export channels for bulk and... see more

CSE:MTLC - Post Discussion

MTL Cannabis Corp > Lots of..RE,RE,RE=reverse consolidation.!
View:
Post by worldeye on Nov 21, 2020 10:25am

Lots of..RE,RE,RE=reverse consolidation.!

But, it does not matter what the penny or half penny does if the trading volume is low.?!
the decline is obvious, this bloated pig can only generate, movement with a smaller stock float and real, management structure. All pot stocks are floundering, but a few...

The converging of pot company's, while bidding for licences, has made for slow moving bloated stoned pigs, that are too low and slow in trading volume.... to build any confidence, or money for share holders...!
GLTA...
Comment by vetinvestar on Nov 21, 2020 10:44am
Agreed that some form of consolidation should be coming if they have the courage to do it that is.
Comment by letsflythis on Nov 22, 2020 6:06am
Ya maybe .... but what should be happening first is start growing to your full potential (3000kg) a year ! Especially after a full year will sales license they need to ramp up ! Also this applies to the new business they bought in Quebec! Stop doing around and get to work !
Comment by vetinvestar on Nov 22, 2020 6:40am
They have changed the configuration at Abba based on my sources so 3,000kgs is likely not even possible.  Maybe we will get an update on Dec 18 with their new capacity and/or what the new configuration can yield.  Remember that they are also using a portion of Abba to pack and ship ISO product into QC which will impact what they can grow and process at Abba. Both ISO and Abba still ...more  
Comment by letsflythis on Nov 22, 2020 10:32am
I've emailed Archerwill investments asking them when they are planning on cleaning house at Canada house wellness! I suggest everyone do the same !! This is just a disgrace of the weed sector!!
Comment by vetinvestar on Nov 23, 2020 8:03am
Part of me wonders if Archerwill wants this to tank so they can pick up the whole thing for peanuts based on the structure of their deal as they have security over ALL CHV assets...
Comment by Bogart99 on Nov 23, 2020 8:43am
It's possible.
Comment by Bogart99 on Nov 23, 2020 8:42am
Archerwill do not control CHV.  They have an opportunity to exert great influence.   Guys, you need to be patient.  You act as if you have your life savings in this company.  I sure hope not.  This is a very speculative investment.  Very very speculative.  My read of the tea leaves was that if Archerwill did not do the $6.5 million debenture deal the ...more  
Comment by Bogart99 on Nov 23, 2020 8:45am
What is key is the next financial update.  Need to see some more good numbers.
Comment by letsflythis on Nov 23, 2020 9:00am
Ah yes the famous word "next financial" Unless chv built another grow room the financials wont be looking any better then last month.....
Comment by vetinvestar on Nov 23, 2020 9:05am
Also keep in mind that CHV is now assuming ISO's burn which is not light so even if they manage to increase sales marginally it will not be enough to cover the burn and the very high cost to sell and service the SQDC from Abba in Pickering as I have said previously.
Comment by letsflythis on Nov 23, 2020 11:51am
This company reminds me alot like glh!
Comment by vetinvestar on Nov 23, 2020 9:02am
Whether you have $1 or $1M invested in CHV the performance history of the company under this Management Team IS the problem and it's always been a wait until this or that happens.   Well the waiting to see time is up as this group has been paid MILLIONS in pay and options without having delivered to its shareholders. If not the management team who should be held accountable for this ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities