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West Island Brands Inc C.WIB

Alternate Symbol(s):  WIBFF

West Island Brands Inc. is a Canada-based multi-faceted cannabis company. The Company operates through its subsidiary, RoyalMax Biotechnology Canada Inc., which is a Health Canada license holder with cultivation license, processing, medical sales and sales licenses. The Company works with Yunify Natural Technologies, a Quebec-based health and personal care research and innovation company that develop products for West Island, including topicals and ionic mists. The Company and Yunify have developed a spray mist that captures cannabis smoke odors through Yunify’s Natural Ions Encapsulation technology; cannabis odors are trapped, and they are neutralized. Its brands include OUEST, CITOYEN and Silk Road. OUEST brand is represented by Grandpa's Stash and Jelly Cake flower offerings. CITOYEN brand is represented by the King Louis and Clementine Punch flower offerings. Its Silk Road is a hashish blends.


CSE:WIB - Post by User

Bullboard Posts
Comment by NextTrendSearchon Dec 26, 2017 8:51pm
189 Views
Post# 27228075

RE:RE:RE:RE:RE:RE:Insiders sell their shares.

RE:RE:RE:RE:RE:RE:Insiders sell their shares.I am thinking they sold to pay for the warrants they were just granted on Friday. Very few directors or CEO's want to take cash out of their own pockets so they sell some shares to pay for the 42 cent warrants, which when everyone exercises will put enough money in the bank for another similarly sized plant.

Just my opinion but kind of interesting timing....obviously they know the timing of the video and approvals, and sell just before issuing warrants the market wants them to purchase to put cash into the company.

US buyers didn't seem bothered, but again only my opinion!

GL
Bullboard Posts