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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
Post by Budamanon May 01, 2018 9:02am
153 Views
Post# 27963318

Excellent Financials

Excellent FinancialsOver $10 million in the bank. 200,000 square foot facility construction to begin shortly. All you Trolls and Shorters better get ready to cover. Of course, until then I would expect both to try and twist the facts and focus your attention on executive compensation or total share count. Remember that just because shares are outstanding does not mean they will be exercised. Until such time as they are, the total count is under 230 million, NOT 300 million. As far as compensation goes, I have no problem with them being compensated well. They have earned it and a have positioned MMJ to be a large producer in Quebec. Keep in mind they may also qualify for Government Financing for additional build outs for the expansion to 1 million square feet. This is going to be huge. Time to buy a few more shares with my TFSA room. In my opinion only. Thanks-Buda.
Bullboard Posts