Hiku Brands Company Ltd. DJACF

Doug ford plan

[matureinvestor0]

https://news.vice.com/en_ca/article/ev8bxp/ontario-is-going-to-privatize-weed-sales

[rensoyka]

makes me wonder if canopy had prior knowledge or just a lucky premonition that dougie would sheetcan the OCS and go private retail. we may see a ton of tokyo stores around ontario. could have been a real cash cow for hiku if they hadn't sold out.

[fruiscante1]

They haven’t sold out yet I believe, still need a shareholder vote. I guess the deal could still be rejected if they feel that the plan for private retai sales makes them worth more. 

[fruiscante1]

Here’s the deal -   The Transaction will be carried out by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia) and will require the approval of at least 66 2/3% of the votes cast by the shareholders of Hiku at a special meeting expected to take place in August 2018 (the "Meeting"). In addition to Hiku shareholder