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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Hiku Brands Company Ltd. DJACF

"Hiku Brands Company Ltd, formerly knwon as DOJA Cannabis Co Ltd is engaged in handcrafted cannabis production and building a portfolio of iconic, engaging cannabis lifestyle brands. Its cannabis brands include DOJA, Tokyo Smoke, and Van der Pop."


OTCPK:DJACF - Post by User

Comment by Perrieron Jun 04, 2018 2:48pm
179 Views
Post# 28121594

RE:RE:As a WMD shareholder...

RE:RE:As a WMD shareholder...Sure; I'm happy to address your points.

1.) We have long-term senior care contracts, not much right now but definitely something to be developed  and strengthened given Management's history and background.

2.) Seems like meaningless pump with no data or anything other than your words to support. I have multiple, and when I say multiple, I mean almost a majority of my close friends smoke weed. If you are in Canada, despite federally illegal for rec, it's now to the point where the government cannot and will not stop it anymore; point is, it's a very common thing now. No matter whom I talk to, or whom I ask, not a single person has mentioned "B.C weed is god, only buying B.C weed" or anything of the sort. I'm sure if you are an expert and professional in weed smoking, maybe B.C weed does make an impact, however, you think anyone will care if their weed is from B.C? Those who even understand the difference is probably a small market. You have your "collectors" in every industry who collect alcohol, wine, and are willing to pay more, but the majority of the money does NOT come from this source. Congratulations on HIKU's "B.C weed", but all I care about is the $. I'd rather be Caldbury who sells decent, non-premium Chocolate but making it rain with $ rahter than a niche company that sells $1,000 chocolate bars once a year.

It's all about demand, supply, and consumer dynamics. Just because you have  "B.C weed" doesn't mean anything.  Anyone can replicate as well, so how does this even add any value?

3.) Your entire investment decision is based on the fact that no one else is doing it? That is essentially why I said this merger does not benefit WMD because HIKU is getting the steal and better end of the deal. Due to no precedent transactions, the valuation of this deal could be right or wrong and completely subjective.

To me, what you said is the same reason why I'm doubting this merger. HIKU is all fluff. I don't care if you tell me they have "distribution chains" or this or that. Reality is, they have zero revenue to date. They didn't get any additional retail licenses and does NOT look competitive in any measure TO get these licenses over any other LP. Saskatchewan was a failure. Manitoba is the ONLY possibility. Just like MedMen... HIKU has nothing.

I would prefer this merger doesn't go through and a bigger LP sees the true value and offers the right price. WMD has 20,000kg of additional capacity being built and with the first harvest READY in time for legalization. The capital structure, execution, balance sheet, and position of WMD is significantly better than the majority of cannabis LPs.

Like you said yourself, we wanted to merge with you so we can sell our products at your stores. It's time for you to show your hands and show us what you can do... well so far since announcement, both companies have been slipping with extreme volatility and reality is, please show me how you plan to sell my products with no license and no storefront. 

To your question of what I want. I want this merger voted off or higher premium. or another company comes in and makes a real offer. I have this impression that WMD put up a for sale sign to attract a better offer. HIKU was just the first smart one to realize how cheap we were.
<< Previous
Bullboard Posts
Next >>