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Greenrise Global Brands Inc C.XCX

Greenrise Global Brands Inc. is a Canada-based investment holding company with investments in the cannabis industry in Germany. The Company, through CannaCare Health GmbH (CannaCare), offers a range of approximately 20 cannabidiol (CBD) products consisting of tinctures, sprays and oils and skincare products made from natural raw materials manufactured in Europe and Germany and distributed through traditional sales channels, such as www.cannacare-health.com and www.canobo.de. CannaCare is a producer and supplier of CBD wellness products and wholly owns AMP Alternative Medical Products GmbH (AMP), an importer and distributor of European Union-Good Manufacturing Practice (EU-GMP) medical cannabis to pharmacies.


CSE:XCX - Post by User

Bullboard Posts
Post by 2guyson Aug 21, 2013 1:52pm
290 Views
Post# 21686994

Trading at Half Cash Value Prior to Qualifying Transaction..

Trading at Half Cash Value Prior to Qualifying Transaction..Not too many investors here that don't understand what's happening, but for million$man's sake, I'll try and explain.

Cash value per share is currently $0.95 with next to zero burn rate.

A qualifying transaction would only add value to the underlying assets, which at present is $0.95 cash.

Depending on the business XCX pursues, it can only add value to the current share price.  NOR invested at a post consolidated price of $0.88, so surely they will try and get the best for shareholders and that will bring value to the company.

When the QT is announced. I would expect we move up rather quickly as very little shares are held by retail.  There are after all, only 3.5 million outstanding shares.  JMO


Bullboard Posts