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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

Comment by Noscamson Nov 13, 2020 4:03pm
109 Views
Post# 31897073

RE:RE:RE:Regulatory intervention?

RE:RE:RE:Regulatory intervention?
KozmoT wrote: "if "? ...

Yunify ... $655,999 gone .. written down to $1  Oops?

Hemmingford .. $3,137,613 "loan" for greenhouse .. greenhouse appears to be missing, Oops?

Dorval ... by Sept 2019 they spent over $7,700,000 on a simpy retrofit of a 10,000 sqft minifacility. .. that works out to over $770 /sqft  Keep in mind this was just a retrofit of an existing building!  The quoted average cost for indoor cannabis facility is ... $75 / sqft !!! see below...

Trichome ... $163,000 in shares ... no edibles. Oops?

Boris Ziger ... $12,000/month (!!!!!) in Management Fees; $8000/mo to C. Deol ; $5000 Mr Panah (Director) ....  Those are not typos - that is actually how much of your money they give themselves)

2018 $100,000 unsecured "loan" to company of ex-Director (Capital NX Phase), "written off" Dec 2019  Oops?

https://webfiles.thecse.com/sedar_filings/00026674/2008281845367899.pdf



"Indoor grows can cost as much as $75/square foot, making this the most expensive option for growing cannabis. Outdoor grows cost approximately $10-$17/square foot, while greenhouse and combination grows average $50/square foot."


I wonder who owns the building they retrofitted for $7,000,000 + ? Has anyone ever hear of a company that pays people so much for so many failures ? Or has failed on every project ?
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